XML 73 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS UNAUDITED (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Statement of Cash Flows [Abstract]      
Net income (loss) $ 194,874 $ 86,924 $ (106,109)
Loss from discontinued operations 0 74,608 120,573
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation expense 51,932 47,053 46,096
Amortization expense 84,009 86,079 104,450
Write Off Of Deferred Debt Issuance Cost 12,466 6,012 6,636
Debt redemption tender premium 0 (19,582) (7,591)
Goodwill and Intangible Asset Impairment 0 0 22,884
Benefit Plan Termination and Related Costs 0 0 25,187
Losses on Extinguishment of Debt 35,092 0 25,552
Deferred Income Tax Expense (Benefit) 95,742 62,909 22,952
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 80,080 100,584 198,863
Inventories 37,736 4,994 (34,676)
Other current and noncurrent assets 17,110 120,360 38,966
Accounts payable (69,423) 26,351 (44,638)
Accrued employee compensation 12,476 1,595 21,451
Current and noncurrent liabilities (7,610) (48,488) (71,693)
Net cash flows from operating activities of continuing operations 544,484 549,399 368,903
Net cash flows from operating activities of discontinued operations 0 623 (288)
Net cash flows from operating activities 544,484 550,022 368,615
Cash flows from investing activities:      
Acquisition of businesses, net of cash received (34,873) (101,933) (111,812)
Divestiture of business, net 19,207 13,099 0
Capital expenditures (99,920) (62,806) (23,517)
Payments to Acquire Marketable Securities (25,018) 0 0
Benefit Plan Termination and Other Related Costs 1,326 (275) 11,082
Other (56) (2,874) (1,259)
Net cash flows used in investing activities of continuing operations (139,334) (154,789) (125,506)
Net cash flows used in investing activities of discontinued operations 0 (622) (546)
Net cash flows used in investing activities (139,334) (155,411) (126,052)
Cash flows from financing activities:      
Payments on Term A loan (24,688) (5,625) (125,000)
Proceeds from long term borrowings and obligations 425,000 600,000 975,000
Payments on long-term borrowings and obligations (453,573) (777,609) (726,533)
Option indexed to issuers equity cash paid (48,126) 0 0
Fees paid for financing arrangements (7,566) (13,780) (33,249)
Increase (decrease) in cash overdraft balance (14,927) 11,674 18,221
Payments for Omnicare common stock repurchase (Note 2) (388,968) (140,127) (100,942)
Proceeds (payments) for stock awards and exercise of stock options, net of stock tendered in payment 24,951 30,712 (13,989)
Dividends paid (45,214) (17,217) (12,839)
Other 1,912 3,140 (5,289)
Net cash flows used in financing activities (531,199) (308,832) (24,620)
Net increase (decrease) in cash and cash equivalents (126,049) 85,779 217,943
Less increase in cash and cash equivalents of discontinued operations 0 1 (834)
Increase (decrease) in cash and cash equivalents of continuing operations (126,049) 85,778 218,777
Cash and cash equivalents at beginning of period 580,262 494,484 275,707
Cash and cash equivalents at end of period $ 454,213 $ 580,262 $ 494,484