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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 119,176 $ 140,249
Accounts receivable, net 158,498 164,752
Inventories 152,090 143,971
Prepaid income taxes 6,949  
Assets held for sale 3,757 9,671
Other current assets 8,709 13,606
Total current assets 449,179 472,249
Property, plant and equipment, net 183,631 186,670
Intangible assets, net 422,849 411,229
Operating lease right-of-use assets 6,015  
Deferred tax assets 111,514 109,305
Other assets 7,896 7,960
TOTAL ASSETS 1,181,084 1,187,413
Current liabilities:    
Accounts payable 30,883 13,493
Accrued expenses 10,750 5,805
Accrued payroll and payroll-related expenses 12,238 19,924
Rebates payable 48,447 46,175
Royalties payable 20,298 16,215
Restructuring liability 515 2,315
Income taxes payable   2,198
Current operating lease liabilities 1,848  
Short-term borrowings and current portion of long-term debt 101,939 66,845
Other current liabilities 2,851 3,652
Total current liabilities 229,769 176,622
Long-term debt, net 606,073 662,203
Long-term operating lease liabilities 5,358  
Other liabilities 14,712 14,547
TOTAL LIABILITIES 855,912 853,372
Commitments (Note 12)
STOCKHOLDERS' EQUITY    
Common stock ($0.001 par value, 100,000,000 shares authorized; 39,851,828 and 38,969,518 shares issued; 38,698,403 and 38,010,714 shares outstanding at December 31, 2019 and June 30, 2019, respectively) 40 39
Additional paid-in capital 317,012 317,023
Retained earnings 25,002 32,075
Accumulated other comprehensive loss (578) (615)
Treasury stock (1,153,425 and 958,804 shares at December 31, 2019 and June 30, 2019, respectively) (16,304) (14,481)
Total stockholders’ equity 325,172 334,041
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,181,084 $ 1,187,413