Earnings Per Common Share (Tables)

3 Months Ended

Sep. 30, 2015

Earnings Per Common Share

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

	Three Months Ended September 30,
(In thousands, except share and per share data)	2015		2014
Net Income Attributable to Lannett Company, Inc.	$	33,181	$	34,932
Basic weighted average common shares outstanding	36,310,653		35,597,931
Effect of potentially dilutive options and restricted stock awards	1,104,071		1,374,715
Diluted weighted average common shares outstanding	37,414,724		36,972,646
Earnings per common share attributable to Lannett Company, Inc.:
Basic	$	0.91	$	0.98
Diluted	$	0.89	$	0.94