Earnings (Loss) Per Common Share (Tables)

9 Months Ended

Mar. 31, 2017

Earnings (Loss) Per Common Share

Summary of reconciliation of the Company's basic and diluted earnings per common share

	Three Months Ended March 31,
(In thousands, except share and per share data)	2017		2016
Net income (loss) attributable to Lannett Company, Inc.	$	14,929	$	(5,490	)
Basic weighted average common shares outstanding	36,849,208		36,495,961
Effect of potentially dilutive stock options, warrants and restricted stock awards	903,096		—
Diluted weighted average common shares outstanding	37,752,304		36,495,961
Earnings (loss) per common share attributable to Lannett Company, Inc.:
Basic	$	0.41	$	(0.15	)
Diluted	$	0.40	$	(0.15	)

	Nine Months Ended March 31,
(In thousands, except share and per share data)	2017			2016
Net income (loss) attributable to Lannett Company, Inc.	$	(6,307	)	$	41,211
Basic weighted average common shares outstanding	36,785,829			36,398,030
Effect of potentially dilutive stock options, warrants and restricted stock awards	—			985,712
Diluted weighted average common shares outstanding	36,785,829			37,383,742
Earnings (loss) per common share attributable to Lannett Company, Inc.:
Basic	$	(0.17	)	$	1.13
Diluted	$	(0.17	)	$	1.10