Accounts Receivable (Tables)

6 Months Ended

Dec. 31, 2018

Accounts Receivable

Schedule of accounts receivable

	December 31,		June 30,
(In thousands)	2018		2018
Gross accounts receivable	$	515,266	$	503,175
Less Chargebacks reserve		(128,102)		(153,034)
Less Rebates reserve		(34,673)		(33,102)
Less Returns reserve		(49,508)		(43,059)
Less Other deductions		(26,263)		(20,021)
Less Allowance for doubtful accounts		(1,356)		(1,308)
Accounts receivable, net	$	275,364	$	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		612,560		143,578		18,662		34,574		809,374
Credits issued during the period		(637,492)		(147,023)		(12,213)		(31,868)		(828,596)
Balance at December 31, 2018	$	128,102	$	79,057	$	49,508	$	26,263	$	282,930

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		474,882		156,073		14,541		28,623		674,119
Credits issued during the period		(499,959)		(157,071)		(11,881)		(21,713)		(690,624)
Balance at December 31, 2017	$	54,460	$	86,618	$	44,795	$	18,006	$	203,879