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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 144,329 $ 140,249
Accounts receivable, net 125,688 164,752
Inventories 142,867 143,971
Income taxes receivable 14,419  
Assets held for sale 2,678 9,671
Other current assets 13,227 13,606
Total current assets 443,208 472,249
Property, plant and equipment, net 179,518 186,670
Intangible assets, net 374,735 411,229
Operating lease right-of-use assets 9,343  
Deferred tax assets 117,890 109,305
Other assets 11,861 7,960
TOTAL ASSETS 1,136,555 1,187,413
Current liabilities:    
Accounts payable 32,535 13,493
Accrued expenses 14,962 5,805
Accrued payroll and payroll-related expenses 16,304 19,924
Rebates payable 38,175 46,175
Royalties payable 20,863 16,215
Restructuring liability 27 2,315
Income taxes payable   2,198
Current operating lease liabilities 1,097  
Short-term borrowings and current portion of long-term debt 88,189 66,845
Other current liabilities 2,713 3,652
Total current liabilities 214,865 176,622
Long-term debt, net 592,940 662,203
Long-term operating lease liabilities 9,844  
Other liabilities 16,010 14,547
TOTAL LIABILITIES 833,659 853,372
Commitments (Note 11)
STOCKHOLDERS' EQUITY    
Common stock ($0.001 par value, 100,000,000 shares authorized; 39,963,127 and 38,969,518 shares issued; 38,798,787 and 38,010,714 shares outstanding at June 30, 2020 and June 30, 2019, respectively) 40 39
Additional paid-in capital 321,164 317,023
Retained earnings (accumulated deficit) (1,291) 32,075
Accumulated other comprehensive loss (627) (615)
Treasury stock (1,164,340 and 958,804 shares at June 30, 2020 and June 30, 2019, respectively) (16,390) (14,481)
Total stockholders’ equity 302,896 334,041
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,136,555 $ 1,187,413