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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2015
Mar. 31, 2014
CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 99,352us-gaap_SalesRevenueNet $ 79,997us-gaap_SalesRevenueNet $ 307,561us-gaap_SalesRevenueNet $ 193,152us-gaap_SalesRevenueNet
Cost of sales 23,714us-gaap_CostOfGoodsAndServicesSold 23,865us-gaap_CostOfGoodsAndServicesSold 73,155us-gaap_CostOfGoodsAndServicesSold 74,572us-gaap_CostOfGoodsAndServicesSold
JSP contract renewal cost       20,100lci_JSPContractRenewalCost
Gross profit 75,638us-gaap_GrossProfit 56,132us-gaap_GrossProfit 234,406us-gaap_GrossProfit 98,480us-gaap_GrossProfit
Operating expenses:        
Research and development 9,159us-gaap_ResearchAndDevelopmentExpense 10,583us-gaap_ResearchAndDevelopmentExpense 23,358us-gaap_ResearchAndDevelopmentExpense 21,113us-gaap_ResearchAndDevelopmentExpense
Selling, general, and administrative 12,204us-gaap_SellingGeneralAndAdministrativeExpense 9,560us-gaap_SellingGeneralAndAdministrativeExpense 35,579us-gaap_SellingGeneralAndAdministrativeExpense 26,629us-gaap_SellingGeneralAndAdministrativeExpense
Total operating expenses 21,363us-gaap_OperatingExpenses 20,143us-gaap_OperatingExpenses 58,937us-gaap_OperatingExpenses 47,742us-gaap_OperatingExpenses
Operating income 54,275us-gaap_OperatingIncomeLoss 35,989us-gaap_OperatingIncomeLoss 175,469us-gaap_OperatingIncomeLoss 50,738us-gaap_OperatingIncomeLoss
Other income (loss):        
Foreign currency gain (loss) (21)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 1us-gaap_ForeignCurrencyTransactionGainLossBeforeTax (21)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 1us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Gain (loss) on sale of assets (5)us-gaap_GainLossOnDispositionOfAssets   15us-gaap_GainLossOnDispositionOfAssets (55)us-gaap_GainLossOnDispositionOfAssets
Gain (loss) on investment securities (103)us-gaap_MarketableSecuritiesGainLoss 200us-gaap_MarketableSecuritiesGainLoss 592us-gaap_MarketableSecuritiesGainLoss 1,765us-gaap_MarketableSecuritiesGainLoss
Interest and dividend income 95us-gaap_InvestmentIncomeInterestAndDividend 109us-gaap_InvestmentIncomeInterestAndDividend 303us-gaap_InvestmentIncomeInterestAndDividend 204us-gaap_InvestmentIncomeInterestAndDividend
Interest expense (8)us-gaap_InterestExpense (13)us-gaap_InterestExpense (119)us-gaap_InterestExpense (117)us-gaap_InterestExpense
Other       (87)us-gaap_OtherNonoperatingExpense
Total other income (loss) (42)us-gaap_OtherNonoperatingIncomeExpense 297us-gaap_OtherNonoperatingIncomeExpense 770us-gaap_OtherNonoperatingIncomeExpense 1,711us-gaap_OtherNonoperatingIncomeExpense
Income before income tax 54,233us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 36,286us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 176,239us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 52,449us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 17,973us-gaap_IncomeTaxExpenseBenefit 13,280us-gaap_IncomeTaxExpenseBenefit 60,208us-gaap_IncomeTaxExpenseBenefit 18,838us-gaap_IncomeTaxExpenseBenefit
Net income 36,260us-gaap_ProfitLoss 23,006us-gaap_ProfitLoss 116,031us-gaap_ProfitLoss 33,611us-gaap_ProfitLoss
Less: Net income attributable to noncontrolling interest 27us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 11us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 55us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 45us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to Lannett Company, Inc. $ 36,233us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 22,995us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 115,976us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 33,566us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per common share attributable to Lannett Company, Inc.:        
Basic (in dollars per share) $ 1.01us-gaap_EarningsPerShareBasic $ 0.66us-gaap_EarningsPerShareBasic $ 3.25us-gaap_EarningsPerShareBasic $ 1.01us-gaap_EarningsPerShareBasic
Diluted (in dollars per share) $ 0.97us-gaap_EarningsPerShareDiluted $ 0.63us-gaap_EarningsPerShareDiluted $ 3.13us-gaap_EarningsPerShareDiluted $ 0.97us-gaap_EarningsPerShareDiluted
Weighted average common shares outstanding:        
Basic (in shares) 35,880,954us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 35,025,968us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 35,715,061us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 33,082,460us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 37,210,138us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 36,769,593us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 37,082,138us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 34,586,007us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding