CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Jun. 30, 2016
Current assets:
Cash and cash equivalents	$ 132,031	$ 224,769
Investment securities	22,534	14,094
Accounts receivable, net	215,237	211,722
Inventories	123,817	114,904
Prepaid income taxes	9,889
Deferred tax assets	43,945	40,892
Other current assets	7,268	6,434
Total current assets	554,721	612,815
Property, plant and equipment, net	232,320	216,638
Intangible assets, net	461,963	575,503
Goodwill	339,566	333,611
Deferred tax assets	19,720	11,556
Other assets	18,714	13,895
TOTAL ASSETS	1,627,004	1,764,018
Current liabilities:
Accounts payable	48,787	34,720
Accrued expenses	7,462	9,247
Accrued payroll and payroll-related expenses	9,939	10,572
Rebates payable	34,667	21,894
Royalties payable	3,931	5,127
Restructuring liability	4,970	4,130
Settlement liability	19,500	7,000
Income taxes payable		743
Acquisition-related contingent consideration		35,000
Short-term borrowings and current portion of long-term debt	81,678	178,236
Total current liabilities	210,934	306,669
Long-term debt, net	855,379	883,612
Settlement liability		12,526
Other liabilities	6,770	6,754
TOTAL LIABILITIES	1,073,083	1,209,561
Commitments and Contingencies (Note 13 and 14)
STOCKHOLDERS' EQUITY
Common stock ($0.001 par value, 100,000,000 shares authorized; 37,483,583 and 37,150,165 shares issued; 36,876,849 and 36,604,202 shares outstanding at March 31, 2017 and June 30, 2016, respectively)	37	37
Additional paid-in capital	291,206	283,301
Retained earnings	272,048	278,355
Accumulated other comprehensive loss	(181)	(295)
Treasury stock (606,734 and 545,963 shares at March 31, 2017 and June 30, 2016, respectively)	(9,189)	(7,349)
Total Lannett Company, Inc. stockholders' equity	553,921	554,049
Noncontrolling interest		408
Total stockholders' equity	553,921	554,457
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,627,004	$ 1,764,018