Accounts Receivable (Tables)

12 Months Ended

Jun. 30, 2019

Accounts Receivable

Schedule of accounts receivable

	June 30,		June 30,
(In thousands)	2019		2018
Gross accounts receivable	$	361,323	$	503,175
Less Chargebacks reserve		(89,567)		(153,034)
Less Rebates reserve		(32,099)		(33,102)
Less Returns reserve		(55,554)		(43,059)
Less Other deductions		(18,128)		(20,021)
Less Allowance for doubtful accounts		(1,223)		(1,308)
Accounts receivable, net	$	164,752	$	252,651

Schedule of major category of revenue-related reserves

Reserve Category
(In thousands)	Chargebacks		Rebates		Returns		Other		Total
Balance at June 30, 2016	$	86,495	$	54,084	$	40,593	$	16,851	$	198,023
Additions related to the KUPI acquisition		—		8,329		5,955		—		14,284
Current period provision		881,283		297,050		25,416		53,398		1,257,147
Credits issued during the period		(888,241)		(271,847)		(29,829)		(59,153)		(1,249,070)
Balance at June 30, 2017		79,537		87,616		42,135		11,096		220,384
Current period provision		1,141,995		296,784		24,024		69,898		1,532,701
Credits issued during the period		(1,068,498)		(301,898)		(23,100)		(60,973)		(1,454,469)
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		1,047,192		250,555		41,982		67,344		1,407,073
Credits issued during the period		(1,110,659)		(254,783)		(29,487)		(72,773)		(1,467,702)
Balance at June 30, 2019	$	89,567	$	78,274	$	55,554	$	18,128	$	241,523