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Earnings (Loss) Per Share Data (Tables)
 6 Months Ended
Jun. 30, 2014
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 market price of a share of Omnicare stock on the New York Stock Exchange for the applicable period exceeds the following amounts:

Convertible Debt
 
Price
3.75% convertible senior subordinated notes, due 2025
 
$
26.84

4.00% junior subordinated convertible debentures, due 2033
 
$
40.82

3.25% convertible senior debentures, due 2035
 
$
77.88

3.75% convertible senior subordinated notes, due 2042
 
$
41.05

3.50% convertible senior subordinated notes, due 2044
 
$
70.00
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,
2014:
 
Income (Numerator)
 
Common Shares(Denominator)
 
Per Common
Share Amounts
 
Income (Numerator)
 
Common Shares(Denominator)
 
Per Common
Share Amounts
Basic EPS
 
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
61,246

 
 
 
$
0.63

 
$
124,884

 
 
 
$
1.28

Loss from discontinued operations
 
(39,275
)
 
 
 
(0.40
)
 
(39,139
)
 
 
 
(0.40
)
Net income
 
$
21,971

 
96,999

 
$
0.23

 
$
85,745

 
97,777

 
$
0.88

Effect of Dilutive Securities
 
 

 
 

 
 

 
 

 
 

 
 

Convertible securities
 
66

 
8,440

 
 

 
132

 
8,452

 
 

Stock options, units and awards
 
—

 
615

 
 

 
—

 
677

 
 

Diluted EPS
 
 

 
 

 
 

 
 

 
 

 
 

Income from continuing operations plus assumed conversions
 
$
61,312

 
 
 
$
0.58

 
$
125,016

 
 
 
$
1.17

Loss from discontinued operations
 
(39,275
)
 
 
 
(0.37
)
 
(39,139
)
 
 
 
(0.37
)
Net income plus assumed conversions
 
$
22,037

 
106,054

 
$
0.21

 
$
85,877

 
106,906

 
$
0.80

 
 
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
 
 

 
 

 
 

 
 
 
 
 
 
Income from continuing operations
 
$
47,302

 
 
 
$
0.46

 
$
95,616

 
 
 
$
0.93

Income from discontinued operations
 
4,917

 
 
 
0.05

 
10,957

 
 
 
0.11

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, warrants, units and awards
 
—

 
662

 
 

 
—

 
620

 
 
Diluted EPS
 
 

 
 

 
 

 
 
 
 
 
 
Income from continuing operations plus assumed conversions
 
$
47,373

 
 
 
$
0.43

 
$
95,758

 
 
 
$
0.88

Income from discontinued operations
 
4,917

 
 
 
0.04

 
10,957

 
 
 
0.10

Net income plus assumed conversions
 
$
52,290

 
109,931

 
$
0.48

 
$
106,715

 
108,736

 
$
0.98