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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 101,455 $ 140,249
Accounts receivable, net 180,356 164,752
Inventories 135,955 143,971
Prepaid income taxes 8,414  
Assets held for sale 2,678 9,671
Other current assets 14,450 13,606
Total current assets 443,308 472,249
Property, plant and equipment, net 181,408 186,670
Intangible assets, net 401,044 411,229
Operating lease right-of-use assets 9,774  
Deferred tax assets 111,793 109,305
Other assets 11,824 7,960
TOTAL ASSETS 1,159,151 1,187,413
Current liabilities:    
Accounts payable 33,834 13,493
Accrued expenses 14,115 5,805
Accrued payroll and payroll-related expenses 13,121 19,924
Rebates payable 43,304 46,175
Royalties payable 21,362 16,215
Restructuring liability 61 2,315
Income taxes payable   2,198
Current operating lease liabilities 1,045  
Short-term borrowings and current portion of long-term debt 95,064 66,845
Other current liabilities 2,850 3,652
Total current liabilities 224,756 176,622
Long-term debt, net 599,553 662,203
Long-term operating lease liabilities 10,189  
Other liabilities 14,115 14,547
TOTAL LIABILITIES 848,613 853,372
Commitments (Note 12)
STOCKHOLDERS' EQUITY    
Common stock ($0.001 par value, 100,000,000 shares authorized; 39,898,838 and 38,969,518 shares issued; 38,741,712 and 38,010,714 shares outstanding at March 31, 2020 and June 30, 2019, respectively) 40 39
Additional paid-in capital 319,064 317,023
Retained earnings 8,410 32,075
Accumulated other comprehensive loss (641) (615)
Treasury stock (1,157,126 and 958,804 shares at March 31, 2020 and June 30, 2019, respectively) (16,335) (14,481)
Total stockholders’ equity 310,538 334,041
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,159,151 $ 1,187,413