Accounts Receivable (Tables)

3 Months Ended

Sep. 30, 2018

Accounts Receivable

Schedule of accounts receivable

(In thousands)	September 30, 2018		June 30, 2018
Gross accounts receivable	$	434,940	$	503,175
Less Chargebacks reserve		(125,576)		(153,034)
Less Rebates reserve		(34,136)		(33,102)
Less Returns reserve		(44,361)		(43,059)
Less Other deductions		(24,300)		(20,021)
Less Allowance for doubtful accounts		(1,217)		(1,308)
Accounts receivable, net	$	205,350	$	252,651

Schedule of major category of revenue-related reserves

Reserve Category
(In thousands)	Chargebacks		Rebates		Returns		Other		Total
Balance at June 30, 2018	$	153,034	$	82,502	$	43,059	$	20,021	$	298,616
Adjustment related to adoption of ASC 606		—		—		—		3,536		3,536
Current period provision		277,949		64,749		7,347		13,889		363,934
Credits issued during the period		(305,407)		(76,626)		(6,045)		(13,146)		(401,224)
Balance at September 30, 2018	$	125,576	$	70,625	$	44,361	$	24,300	$	264,862

Reserve Category
(In thousands)	Chargebacks		Rebates		Returns		Other		Total
Balance at June 30, 2017	$	79,537	$	87,616	$	42,135	$	11,096	$	220,384
Current period provision		254,689		78,455		10,437		12,364		355,945
Credits issued during the period		(254,952)		(73,422)		(7,151)		(9,403)		(344,928)
Balance at September 30, 2017	$	79,274	$	92,649	$	45,421	$	14,057	$	231,401