XML 67 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS UNAUDITED (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 86,924 $ (106,109) $ 211,923
Loss from discontinued operations 74,608 120,573 22,772
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation expense 47,053 46,096 47,919
Amortization expense 86,079 104,450 89,763
Write Off Of Deferred Debt Issuance Cost 6,012 6,636 0
Debt redemption tender premium (19,582) (7,591) 0
Goodwill and Intangible Asset Impairment 0 22,884 0
Benefit Plan Termination and Related Costs 0 25,187 0
Gains (Losses) on Extinguishment of Debt 0 25,552 0
Changes in assets and liabilities, net of effects from acquisition and divestiture of businesses:      
Accounts receivable and unbilled receivables, net of provision for doubtful accounts 99,449 198,338 135,320
Inventories 4,994 (34,676) 84,469
Other current and noncurrent assets (120,360) (38,966) 14,891
Accounts payable 26,351 (44,638) (74,414)
Accrued employee compensation 1,595 21,451 (6,436)
Deferred revenue 1,135 525 (206)
Current and noncurrent liabilities (48,488) (71,693) (106,162)
Net cash flows from operating activities of continuing operations 549,399 368,903 480,715
Net cash flows from operating activities of discontinued operations 623 (288) 3,079
Net cash flows from operating activities 550,022 368,615 483,794
Deferred Income Tax Expense (Benefit) 62,909 22,952 90,658
Cash flows from investing activities:      
Acquisition of businesses, net of cash received (101,933) (111,812) (92,889)
Divestiture of business, net 13,099 0 0
Capital expenditures (62,806) (23,517) (29,231)
Benefit Plan Termination and Other Related Costs (275) 11,082 (10,547)
Other 2,874 1,259 9,979
Net cash flows used in investing activities of continuing operations (154,789) (125,506) (142,646)
Net cash flows used in investing activities of discontinued operations (622) (546) (2,191)
Net cash flows used in investing activities (155,411) (126,052) (144,837)
Cash flows from financing activities:      
Payments on Term A loan (5,625) (125,000) (275,000)
Proceeds from long term borrowings and obligations 600,000 975,000 0
Payments on long-term borrowings and obligations (777,609) (726,533) (1,592)
Fees paid for financing arrangements (13,780) (33,249) 0
Increase (decrease) in cash overdraft balance 11,674 18,221 (637)
Proceeds (payments) for stock awards and exercise of stock options, net of stock tendered in payment 30,712 (13,989) 9,666
Payments for Omnicare common stock repurchase (Note 2) (140,127) (100,942) 0
Dividends paid (17,217) (12,839) (10,733)
Other 3,140 (5,289) 1,268
Net cash flows used in financing activities of continuing operations (308,832) (24,620) (277,028)
Net cash flows used in financing activities of discontinued operations 0 0 (479)
Net Cash Provided by (Used in) Financing Activities (308,832) (24,620) (277,507)
Net increase (decrease) in cash and cash equivalents 85,779 217,943 61,450
Less increase in cash and cash equivalents of discontinued operations (1) 834 (409)
Increase (decrease) in cash and cash equivalents of continuing operations 85,778 218,777 61,041
Cash and cash equivalents at beginning of period 494,484 275,707 214,666
Cash and cash equivalents at end of period $ 580,262 $ 494,484 $ 275,707