CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
CONSOLIDATED STATEMENTS OF OPERATIONS
Net sales	$ 273,771	$ 151,054	$ 122,990
Cost of sales	99,263	93,634	84,043
JSP contract renewal cost	20,100
Gross profit	154,408	57,420	38,947
Operating expenses:
Research and development	27,713	16,253	11,844
Selling, general, and administrative	38,606	22,410	20,193
Total operating expenses	66,319	38,663	32,037
Operating income	88,089	18,757	6,910
Other income (expense):
Foreign currency gain (loss)	1	3	(62)
Gain (loss) on sale of assets	(142)	111	4
Gain (loss) on investment securities	1,907	699	(103)
Litigation settlement		1,250
Interest and dividend income	295	116	142
Interest expense	(130)	(251)	(273)
Total other income (expense)	1,931	1,928	(292)
Income before income taxes	90,020	20,685	6,618
Income tax expense	32,857	7,303	2,600
Net income	57,163	13,382	4,018
Less: Net income attributable to noncontrolling interest	62	65	70
Net income attributable to Lannett Company, Inc.	$ 57,101	$ 13,317	$ 3,948
Earnings per common share attributable to Lannett Company, Inc.:
Basic (in dollars per share)	$ 1.70	$ 0.47	$ 0.14
Diluted (in dollars per share)	$ 1.62	$ 0.46	$ 0.14
Weighted average common shares outstanding:
Basic (in shares)	33,663,589	28,467,598	28,263,335
Diluted (in shares)	35,193,376	28,942,933	28,408,432