Accounts Receivable

9 Months Ended

Mar. 31, 2018

Accounts Receivable

Accounts Receivable

Note 5.  Accounts Receivable

Accounts receivable consisted of the following components at March 31, 2018 and June 30, 2017:

(In thousands)	March 31, 2018			June 30, 2017
Gross accounts receivable	$	458,878		$	380,653
Less Chargebacks reserve	(113,446		)	(79,537		)
Less Rebates reserve	(34,784		)	(43,023		)
Less Returns reserve	(47,253		)	(42,135		)
Less Other deductions	(23,026		)	(11,096		)
Less Allowance for doubtful accounts	(1,602		)	(796		)
Accounts receivable, net	$	238,767		$	204,066

For the three months ended March 31, 2018, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns and other deductions of $323.1 million, $72.0 million, $7.1 million, and $23.7 million, respectively.  For the three months ended March 31, 2017, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns and other deductions of $247.7 million, $75.9 million, $6.6 million, and $12.6 million, respectively.

For the nine months ended March 31, 2018, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns, and other deductions of $798.0 million, $228.1 million, $21.7 million, and $52.3 million, respectively.  For the nine months ended March 31, 2017, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns, and other deductions of $664.0 million, $218.9 million, $21.4 million, and $42.0 million, respectively.