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Earnings (Loss) Per Share Data (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Weighted Average Stock Price to include additional shares in diluted share calculation [Table Text Block]
The Company is required to include additional shares in its diluted shares outstanding calculation based on the treasury stock method when the average Omnicare stock market price for the applicable period exceeds the following amounts:

Convertible Debt
 
Price
3.75% convertible senior subordinated notes, due 2025
 
$
27.11

4.00% junior subordinated convertible debentures, due 2033
 
$
40.82

3.25% convertible senior debentures, due 2035
 
$
78.49

3.75% convertible senior subordinated notes, due 2042
 
$
41.26

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following is a reconciliation of the basic and diluted earnings per share (“EPS”) computations for both the numerator and denominator (in thousands, except per share data):
 
 
For the three months ended March 31,
2013:
 
Income (Numerator)
 
Common Shares(Denominator)
 
Per Common
Share Amounts
Basic EPS
 
 
 
 
 
 
Net income
 
54,354

 
103,210

 
$
0.53

Effect of Dilutive Securities
 
 

 
 

 
 

Convertible securities
 
71

 
3,753

 
 

Stock options, warrants, units and awards
 

 
503

 
 

Diluted EPS
 
 

 
 

 
 

Net income plus assumed conversions
 
$
54,425

 
107,466

 
$
0.51

2012:
 
 

 
 

 
 

Basic EPS
 
 

 
 

 
 

Net income
 
55,739

 
111,487

 
$
0.50

Effect of Dilutive Securities
 
 

 
 

 
 

Convertible securities
 
71

 
4,320

 
 

Stock options, warrants, units and awards
 

 
693

 
 

Diluted EPS
 
 

 
 

 
 

Net income plus assumed conversions
 
$
55,810

 
116,500

 
$
0.48