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Accounts Receivable
3 Months Ended
Sep. 30, 2017
Accounts Receivable  
Accounts Receivable

Note 5.  Accounts Receivable

 

Accounts receivable consisted of the following components at September 30, 2017 and June 30, 2017:

 

(In thousands)

 

September 30,
2017

 

June 30,
2017

 

Gross accounts receivable

 

$

428,681

 

$

380,653

 

Less Chargebacks reserve

 

(79,274

)

(79,537

)

Less Rebates reserve

 

(45,312

)

(43,023

)

Less Returns reserve

 

(45,421

)

(42,135

)

Less Other deductions

 

(14,057

)

(11,096

)

Less Allowance for doubtful accounts

 

(1,291

)

(796

)

 

 

 

 

 

 

Accounts receivable, net

 

$

243,326

 

$

204,066

 

 

 

 

 

 

 

 

 

 

For the three months ended September 30, 2017, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns and other deductions of $254.7 million, $78.5 million, $10.4 million and $12.4 million, respectively.  For the three months ended September 30, 2016, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns and other deductions of $198.5 million, $69.5 million, $6.8 million and $15.5 million, respectively.