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Earnings (Loss) Per Share Data (Tables)
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings Per share
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 years ended December 31,
2013:
 
Income (loss)(Numerator)
 
Common Shares(Denominator)
 
Per Common
Share Amounts
Basic EPS
 
 
 
 
 
 
Income from continuing operations
 
$
84,892

 
 
 
$
0.83

Loss from discontinued operations
 
(128,324
)
 
 
 
(1.26
)
Net income
 
(43,432
)
 
102,080

 
$
(0.43
)
Effect of Dilutive Securities
 
 

 
 

 
 

Convertible securities
 
281

 
6,736

 
 

Stock options, warrants and awards
 
—

 
633

 
 

Diluted EPS
 
 

 
 

 
 

Income from continuing operations plus assumed conversions
 
85,173

 
 

 
$
0.78

Loss from discontinued operations
 
(128,324
)
 
 

 
(1.17
)
Net income plus assumed conversions
 
$
(43,151
)
 
109,449

 
$
(0.39
)
2012:
 
 

 
 

 
 

Basic EPS
 
 

 
 

 
 

Income from continuing operations
 
$
171,943

 
 

 
$
1.57

Income from discontinued operations
 
22,931

 
 

 
0.21

Net income
 
194,874

 
109,531

 
$
1.78

Effect of Dilutive Securities
 
 

 
 

 
 

Convertible securities
 
284

 
2,891

 
 

Stock options, warrants and awards
 
—

 
566

 
 

Diluted EPS
 
 

 
 

 
 

Income from continuing operations plus assumed conversions
 
172,227

 
 

 
$
1.52

Income from discontinued operations
 
22,931

 
 

 
0.20

Net income plus assumed conversions
 
$
195,158

 
112,988

 
$
1.73

2011:
 

 

 

Basic EPS
 
 
 
 
 
 
Income from continuing operations
 
$
142,779

 
 
 
$
1.26

Loss from discontinued operations
 
(55,855
)
 
 
 
(0.49
)
Net income
 
86,924

 
113,000

 
$
0.77

Effect of Dilutive Securities
 
 
 
 
 
 
Convertible securities
 
287

 
1,011

 
 
Stock options, warrants and awards
 
—

 
770

 
 
Diluted EPS
 
 
 
 
 
 
Income from continuing operations plus assumed conversions
 
143,066

 
 
 
$
1.25

Loss from discontinued operations
 
(55,855
)
 
 
 
(0.49
)
Net income plus assumed conversions
 
$
87,211

 
114,781

 
$
0.76
Treasury Stock Method Average Share Price to Include Dilutive Securties [Table Text Block]
The Company is required to include additional shares in its diluted share 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
 
$
77.88

3.75% convertible senior subordinated notes, due 2042
 
$
41.05

3.50% convertible senior subordinated notes, due 2044
 
$
70.00