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Earnings (Loss) Per Share Data (Tables)
 6 Months Ended
Jun. 30, 2015
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 common 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
 
$26.56
4.00% junior subordinated convertible debentures, due 2033
 
$40.82
3.25% convertible senior debentures, due 2035
 
$77.00
3.25% convertible senior exchange debentures, due 2035
 
$77.00
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,
2015:
 
Income (Numerator)
 
Common Shares(Denominator)
 
Per Common
Share Amounts
 
Income (Numerator)
 
Common Shares(Denominator)
 
Per Common
Share Amounts
Basic EPS
 
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
33,970

 
 
 
$
0.35

 
$
111,359

 
 
 
$
1.15

Loss from discontinued operations
 
—

 
 
 
—

 
—

 
 
 
—

Net income
 
$
33,970

 
96,255

 
$
0.35

 
$
111,359

 
96,487

 
$
1.15

Effect of Dilutive Securities
 
 

 
 

 
 

 
 

 
 

 
 

Convertible securities
 
66

 
8,356

 
 

 
132

 
7,192

 
 

Stock options, units and awards
 
—

 
601

 
 

 
—

 
524

 
 

Diluted EPS
 
 

 
 

 
 

 
 

 
 

 
 

Income from continuing operations plus assumed conversions
 
$
34,036

 
 
 
$
0.32

 
$
111,491

 
 
 
$
1.07

Loss from discontinued operations
 
—

 
 
 
—

 
—

 
 
 
—

Net income plus assumed conversions
 
$
34,036

 
105,212

 
$
0.32

 
$
111,491

 
104,203

 
$
1.07

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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, warrants, 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