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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 101,008 $ 140,249
Accounts receivable, net 173,109 164,752
Inventories 149,162 143,971
Prepaid income taxes 159  
Assets held for sale 4,637 9,671
Other current assets 6,994 13,606
Total current assets 435,069 472,249
Property, plant and equipment, net 184,889 186,670
Intangible assets, net 427,253 411,229
Operating lease right-of-use assets 6,410  
Deferred tax assets 110,396 109,305
Other assets 7,914 7,960
TOTAL ASSETS 1,171,931 1,187,413
Current liabilities:    
Accounts payable 26,927 13,493
Accrued expenses 6,233 5,805
Accrued payroll and payroll-related expenses 12,347 19,924
Rebates payable 43,358 46,175
Royalties payable 16,597 16,215
Restructuring liability 1,167 2,315
Income tax payable   2,198
Current operating lease liabilities 1,932  
Short-term borrowings and current portion of long-term debt 66,845 66,845
Other current liabilities 3,652 3,652
Total current liabilities 179,058 176,622
Long-term debt, net 654,432 662,203
Long-term operating lease liabilities 5,626  
Other liabilities 14,711 14,547
TOTAL LIABILITIES 853,827 853,372
Commitments and contingencies (Note 12 )
STOCKHOLDERS' EQUITY    
Common stock ($0.001 par value, 100,000,000 shares authorized; 39,629,271 and 38,969,518 shares issued; 38,526,558 and 38,010,714 shares outstanding at September 30, 2019 and June 30, 2019, respectively) 40 39
Additional paid-in capital 314,645 317,023
Retained earnings 19,918 32,075
Accumulated other comprehensive loss (661) (615)
Treasury stock (1,102,713 and 958,804 shares at September 30, 2019 and June 30, 2019, respectively) (15,838) (14,481)
Total stockholders' equity 318,104 334,041
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,171,931 $ 1,187,413