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Earnings (Loss) Per Share Data (Tables)
6 Months Ended
Jun. 30, 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
 
$
27.05

4.00% junior subordinated convertible debentures, due 2033
 
$
40.82

3.25% convertible senior debentures, due 2035
 
$
78.29

3.75% convertible senior subordinated notes, due 2042
 
$
41.19

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):
 
 
Three months ended June 30,
 
Six months ended June 30,
2013:
 
Income (Numerator)
 
Common Shares(Denominator)
 
Per Common
Share Amounts
 
Income (Numerator)
 
Common Shares(Denominator)
 
Per Common
Share Amounts
Basic EPS
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
52,219

 
102,867

 
$
0.51

 
106,573

 
103,038

 
$
1.03

Effect of Dilutive Securities
 
 

 
 

 
 

 
 

 
 

 
 

Convertible securities
 
71

 
6,402

 
 

 
142

 
5,078

 
 

Stock options, units and awards
 

 
662

 
 

 

 
620

 
 

Diluted EPS
 
 

 
 

 
 

 
 

 
 

 
 

Net income plus assumed conversions
 
$
52,290

 
109,931

 
$
0.48

 
$
106,715

 
$
108,736

 
$
0.98

2012:
 
 

 
 

 
 

 
 

 
 

 
 

Basic EPS
 
 

 
 

 
 

 
 

 
 

 
 

Net income
 
$
18,692

 
110,580

 
$
0.17

 
$
74,431

 
111,033

 
$
0.67

Effect of Dilutive Securities
 
 

 
 

 
 

 
 

 
 

 
 

Convertible securities
 
72

 
2,309

 
 

 
143

 
3,314

 
 

Stock options, warrants, units and awards
 

 
583

 
 

 

 
640

 
 

Diluted EPS
 
 

 
 

 
 

 
 

 
 

 
 

Net income plus assumed conversions
 
$
18,764

 
113,472

 
$
0.17

 
$
74,574

 
$
114,987

 
$
0.65