XML 54 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS UNAUDITED (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income (loss) $ 135,856 $ 55,741
Loss from discontinued operations 0 67,479
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation expense 38,256 35,544
Amortization expense 63,377 61,782
Debt redemption tender premium 47,558 (10,884)
Other operating activities 47,468 16,049
Changes in assets and liabilities, net of effects from acquisition and divestiture of businesses:    
Accounts receivable and unbilled receivables, net of provision for doubtful accounts 31,433 76,645
Inventories 82,786 65,950
Other current and noncurrent assets 65,341 104,030
Accounts payable (95,172) (24,395)
Net cash flows from operating activities of continuing operations 416,903 447,941
Net cash flows from operating activities of discontinued operations 0 869
Net cash flows from operating activities 416,903 448,810
Cash flows from investing activities:    
Acquisition of businesses, net of cash received (34,411) (101,844)
Divestiture of businesses, net 19,207 10,599
Capital expenditures (71,433) (39,080)
Payments to Acquire Marketable Securities (25,000) 0
Other 1,348 (2,812)
Net cash flows used in investing activities of continuing operations (110,289) (133,137)
Net cash flows used in investing activities of discontinued operations 0 (567)
Net cash flows used in investing activities (110,289) (133,704)
Cash flows from financing activities:    
Payments on Term Loans (19,375) 0
Proceeds from Issuance of Long-term Debt 425,000 600,000
Payments on long-term borrowings and obligations (452,302) (626,921)
Option indexed to issuers equity cash paid (48,126) 0
Payments for Omnicare common stock repurchase (Note 2) (110,919) (120,114)
Dividends paid (30,765) (12,745)
Other (2,981) 30,135
Net Cash Provided by (Used in) Financing Activities (239,468) (129,645)
Net increase (decrease) in cash and cash equivalents 67,146 185,461
Less increase in cash and cash equivalents of discontinued operations 0 302
Increase (decrease) in cash and cash equivalents of continuing operations 67,146 185,159
Cash and cash equivalents at beginning of period 580,262 494,484
Cash and cash equivalents at end of period $ 647,408 $ 679,643