Earnings Per Common Share (Tables)

12 Months Ended

Jun. 30, 2014

Earnings Per Common Share

Summary of reconciliation of the Company's basic and diluted earnings per common share

	For Fiscal Year Ended June 30,
(In thousands, except share and per share data)	2014		2013		2012
Net Income Attributable to Lannett Company, Inc.	$	57,101	$	13,317	$	3,948
Basic weighted average common shares outstanding	33,663,589		28,467,598		28,263,335
Effect of potentially dilutive options and restricted stock awards	1,529,787		475,335		145,097
Diluted weighted average common shares outstanding	35,193,376		28,942,933		28,408,432
Earnings per common share attributable to Lannett Company, Inc.:
Basic	$	1.70	$	0.47	$	0.14
Diluted	$	1.62	$	0.46	$	0.14