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Accounts Receivable
12 Months Ended
Jun. 30, 2017
Accounts Receivable  
Accounts Receivable

Note 5.  Accounts Receivable

 

Accounts receivable consisted of the following components at June 30, 2017 and 2016:

 

(In thousands)

 

June 30,
2017

 

June 30,
2016

 

Gross accounts receivable

 

$

380,653

 

$

388,460

 

Less Chargebacks reserve

 

(79,537

)

(86,495

)

Less Rebates reserve

 

(43,023

)

(32,189

)

Less Returns reserve

 

(42,135

)

(40,593

)

Less Other deductions

 

(11,096

)

(16,851

)

Less Allowance for doubtful accounts

 

(796

)

(610

)

 

 

 

 

 

 

Accounts receivable, net

 

$

204,066

 

$

211,722

 

 

 

 

 

 

 

 

 

 

For the fiscal year ended June 30, 2017, the Company recorded a provision for chargebacks, rebates, returns and other deductions of $881.3 million, $297.0 million, $25.4 million and $53.4 million, respectively.  For the fiscal year ended June 30, 2016, the Company recorded a provision for chargebacks, rebates, returns and other deductions of $646.9 million, $189.2 million, $21.3 million and $50.0 million, respectively.  For the fiscal year ended June 30, 2015, the Company recorded a provision for chargebacks, rebates, returns and other deductions of $338.7 million, $83.4 million, $17.7 million and $30.7 million, respectively.