Accounts Receivable, net (Tables)

9 Months Ended

Mar. 31, 2020

Accounts Receivable, net

Schedule of accounts receivable

	March 31,		June 30,
(In thousands)	2020		2019
Gross accounts receivable	$	366,484	$	361,323
Less: Chargebacks reserve		(60,473)		(89,567)
Less: Rebates reserve		(34,079)		(32,099)
Less: Returns reserve		(47,688)		(55,554)
Less: Other deductions		(42,787)		(18,128)
Less: Allowance for doubtful accounts		(1,101)		(1,223)
Accounts receivable, net	$	180,356	$	164,752

Schedule of major category of revenue-related reserves

Reserve Category
(In thousands)	Chargebacks		Rebates		Returns		Other		Total
Balance at June 30, 2019	$	89,567	$	78,274	$	55,554	$	18,128	$	241,523
Current period provision		608,570		180,574		16,600		77,167		882,911
Credits issued during the period		(637,664)		(181,465)		(24,466)		(52,508)		(896,103)
Balance at March 31, 2020	$	60,473	$	77,383	$	47,688	$	42,787	$	228,331

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		834,270		194,012		31,069		60,167		1,119,518
Credits issued during the period		(887,777)		(204,112)		(23,407)		(55,410)		(1,170,706)
Balance at March 31, 2019	$	99,527	$	72,402	$	50,721	$	28,314	$	250,964