CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Current assets:
Cash and cash equivalents	$ 98,586	$ 117,737
Investment securities		27,091
Accounts receivable, net	252,651	204,066
Inventories	141,635	122,604
Prepaid income taxes	15,159	16,703
Assets held for sale	13,976
Other current assets	4,863	6,592
Total current assets	526,870	494,793
Property, plant and equipment, net	233,247	243,148
Intangible assets, net	424,425	453,861
Goodwill	339,566	339,566
Deferred tax assets	22,063	52,753
Other assets	29,133	19,191
TOTAL ASSETS	1,575,304	1,603,312
Current liabilities:
Accounts payable	56,767	44,720
Accrued expenses	7,425	12,499
Accrued payroll and payroll-related expenses	7,819	4,833
Rebates payable	49,400	44,593
Royalties payable	5,955	3,015
Restructuring liability	6,706	5,431
Settlement liability		17,000
Short-term borrowings and current portion of long-term debt	66,845	60,117
Total current liabilities	200,917	192,208
Long-term debt, net	772,425	843,530
Other liabilities	3,047	6,452
TOTAL LIABILITIES	976,389	1,042,190
Commitments and Contingencies (Note 11 and 12)
STOCKHOLDERS' EQUITY
Common stock ($0.001 par value, 100,000,000 shares authorized; 38,256,839 and 37,528,450 shares issued; 37,380,517 and 36,919,296 shares outstanding at June 30, 2018 and 2017, respectively)	38	37
Additional paid-in capital	306,817	292,780
Retained earnings	306,464	277,774
Accumulated other comprehensive loss	(515)	(222)
Treasury stock (876,322 and 609,154 shares at June 30, 2018 and 2017, respectively)	(13,889)	(9,247)
Total Lannett Company, Inc. stockholders' equity	598,915	561,122
Total stockholders' equity	598,915	561,122
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,575,304	$ 1,603,312