10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

________________________________________________ 

FORM 10-Q

________________________________________________ 

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2015

OR

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from  to

Commission file number 1-9810

_______________________________________________________

Owens & Minor, Inc.

(Exact name of Registrant as specified in its charter)

_______________________________________________________

Virginia	54-1701843
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
9120 Lockwood Boulevard, Mechanicsville, Virginia	23116
(Address of principal executive offices)	(Zip Code)
Post Office Box 27626, Richmond, Virginia	23261-7626
(Mailing address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code (804) 723-7000

 _________________________________________________________

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  x    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “larger accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	x	Accelerated filer	¨
Non-accelerated filer	o  (Do not check if a smaller reporting company)	Smaller reporting company	¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  x

The number of shares of Owens & Minor, Inc.’s common stock outstanding as of July 24, 2015, was 63,018,058 shares.

Owens & Minor, Inc. and Subsidiaries

Index

Part I. Financial Information		Page
Item 1.	Financial Statements	3
	Consolidated Statements of Income—Three and Six Months Ended June 30, 2015 and 2014	3
	Consolidated Statements of Comprehensive Income—Three and Six Months Ended June 30, 2015 and 2014	4
	Consolidated Balance Sheets—June 30, 2015 and December 31, 2014	5
	Consolidated Statements of Cash Flows—Six Months Ended June 30, 2015 and 2014	6
	Consolidated Statements of Changes in Equity—Six Months Ended June 30, 2015 and 2014	7
	Notes to Consolidated Financial Statements	8
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	23
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	30
Item 4.	Controls and Procedures	30
Part II. Other Information
Item 1.	Legal Proceedings	30
Item 1A.	Risk Factors	30
Item 2.	Unregistered Sales of Equity Securities, Use of Proceeds and Issuer Purchases of Equity Securities	31
Item 6.	Exhibits	33

2

Part I. Financial Information

Item 1. Financial Statements

Owens & Minor, Inc. and Subsidiaries

Consolidated Statements of Income

(unaudited)

	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands, except per share data)	2015			2014			2015			2014
Net revenue	$	2,422,167		$	2,305,858		$	4,813,363		$	4,562,239
Cost of goods sold	2,123,830			2,023,586			4,217,425			3,998,771
Gross margin	298,337			282,272			595,938			563,468
Selling, general and administrative expenses	231,498			225,838			465,323			451,448
Acquisition-related and exit and realignment charges	5,707			7,593			15,623			10,855
Depreciation and amortization	15,460			13,892			31,329			27,756
Other operating income, net	(2,188		)	(2,152		)	(5,172		)	(9,978		)
Operating earnings	47,860			37,101			88,835			83,387
Interest expense, net	6,680			3,342			13,560			6,589
Income before income taxes	41,180			33,759			75,275			76,798
Income tax provision	16,954			13,883			32,109			31,436
Net income	$	24,226		$	19,876		$	43,166		$	45,362
Net income per common share:
Basic	$	0.39		$	0.32		$	0.69		$	0.72
Diluted	$	0.39		$	0.32		$	0.69		$	0.72
Cash dividends per common share	$	0.2525		$	0.25		$	0.505		$	0.50

See accompanying notes to consolidated financial statements.

3

Owens & Minor, Inc. and Subsidiaries

Consolidated Statements of Comprehensive Income

(unaudited)

	Three Months Ended    June 30,						Six Months Ended    June 30,
(in thousands)	2015			2014			2015			2014
Net income	$	24,226		$	19,876		$	43,166		$	45,362
Other comprehensive income (loss), net of tax:
Currency translation adjustments (net of income tax of $0 in 2015 and 2014)	6,606			(570		)	(21,335		)	(103		)
Change in unrecognized net periodic pension costs (net of income tax of $141 and $285 in 2015 and $90 and $186 in 2014)	260			112			518			219
Other (net of income tax of $0 in 2015 and $8 and $16 in 2014)	(8		)	15			30			6
Total other comprehensive income (loss), net of tax	6,858			(443		)	(20,787		)	122
Comprehensive income	$	31,084		$	19,433		$	22,379		$	45,484

See accompanying notes to consolidated financial statements.

4

Owens & Minor, Inc. and Subsidiaries

Consolidated Balance Sheets

(unaudited)

	June 30,			December 31,
(in thousands, except per share data)	2015			2014
Assets
Current assets
Cash and cash equivalents	$	200,969		$	56,772
Accounts and notes receivable, net of allowances of $13,220 and $13,306	580,739			626,192
Merchandise inventories	903,501			872,457
Other current assets	275,481			315,285
Total current assets	1,960,690			1,870,706
Property and equipment, net of accumulated depreciation of $173,278 and $163,377	219,372			232,979
Goodwill, net	421,760			423,276
Intangible assets, net	100,904			108,593
Other assets, net	92,180			99,852
Total assets	$	2,794,906		$	2,735,406
Liabilities and equity
Current liabilities
Accounts payable	$	753,495		$	608,846
Accrued payroll and related liabilities	34,797			31,507
Deferred income taxes	41,378			37,979
Other accrued liabilities	288,432			326,223
Total current liabilities	1,118,102			1,004,555
Long-term debt, excluding current portion	574,623			608,551
Deferred income taxes	62,282			63,901
Other liabilities	62,772			67,561
Total liabilities	1,817,779			1,744,568
Commitments and contingencies
Equity
Owens & Minor, Inc. shareholders’ equity:
Common stock, par value $2 per share; authorized - 200,000 shares; issued and outstanding - 63,018 shares and 63,070 shares	126,036			126,140
Paid-in capital	205,727			202,934
Retained earnings	690,152			685,765
Accumulated other comprehensive income	(44,788		)	(24,001		)
Total equity	977,127			990,838
Total liabilities and equity	$	2,794,906		$	2,735,406

See accompanying notes to consolidated financial statements.

5

Owens & Minor, Inc. and Subsidiaries

Consolidated Statements of Cash Flows

(unaudited)

	Six Months Ended June 30,
(in thousands)	2015			2014
Operating activities:
Net income	$	43,166		$	45,362
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	36,138			27,756
Share-based compensation expense	5,048			4,190
Provision for losses on accounts and notes receivable	41			334
Deferred income tax (benefit) expense	2,992			(5,151		)
Changes in operating assets and liabilities:
Accounts and notes receivable	41,622			28,477
Merchandise inventories	(31,866		)	(48,575		)
Accounts payable	145,682			54,922
Net change in other assets and liabilities	2,771			(32,765		)
Other, net	1,196			(1,078		)
Cash provided by operating activities	246,790			73,472
Investing activities:
Additions to property and equipment	(12,009		)	(25,657		)
Additions to computer software and intangible assets	(10,816		)	(13,166		)
Proceeds from sale of investment	—			1,937
Proceeds from sale of property and equipment	837			45
Cash used for investing activities	(21,988		)	(36,841		)
Financing activities:
Change in bank overdraft	1,530			—
Repayment of revolving credit facility	(33,700		)	—
Cash dividends paid	(31,867		)	(31,564		)
Repurchases of common stock	(7,440		)	(9,448		)
Excess tax benefits related to share-based compensation	457			444
Proceeds from exercise of stock options	—			1,180
Purchase of noncontrolling interest	—			(1,500		)
Other, net	(5,112		)	(4,441		)
Cash used for financing activities	(76,132		)	(45,329		)
Effect of exchange rate changes on cash and cash equivalents	(4,473		)	(1,180		)
Net increase (decrease) in cash and cash equivalents	144,197			(9,878		)
Cash and cash equivalents at beginning of period	56,772			101,905
Cash and cash equivalents at end of period	$	200,969		$	92,027
Supplemental disclosure of cash flow information:
Income taxes paid, net	$	27,542		$	56,837
Interest paid	$	13,260		$	7,402

See accompanying notes to consolidated financial statements.

6

Owens & Minor, Inc. and Subsidiaries

Consolidated Statements of Changes in Equity

(unaudited)

	Owens & Minor, Inc. Shareholders’ Equity
(in thousands, except per share data)	Common Shares Outstanding		Common  Stock ($ 2 par value )			Paid-In Capital			Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Noncontrolling Interest			Total Equity
Balance December 31, 2013	63,096		$	126,193		$	196,605		$	691,547		$	9,568		$	1,130		$	1,025,043
Net income									45,362									45,362
Other comprehensive income												122						122
Dividends declared ($0.50 per share)									(31,473		)							(31,473		)
Shares repurchased and retired	(277	)	(555		)				(8,893		)							(9,448		)
Share-based compensation expense, exercises and other	247		495			3,109												3,604
Purchase of noncontrolling interest						(695		)							(1,130		)	(1,825		)
Balance June 30, 2014	63,066		$	126,133		$	199,019		$	696,543		$	9,690		$	—		$	1,031,385
Balance December 31, 2014	63,070		$	126,140		$	202,934		$	685,765		$	(24,001	)	$	—		$	990,838
Net income									43,166									43,166
Other comprehensive income												(20,787		)				(20,787		)
Dividends declared ($0.505 per share)									(31,779		)							(31,779		)
Shares repurchased and retired	(220	)	(440		)				(7,000		)							(7,440		)
Share-based compensation expense, exercises and other	168		336			2,793												3,129
Balance June 30, 2015	63,018		$	126,036		$	205,727		$	690,152		$	(44,788	)	$	—		$	977,127

See accompanying notes to consolidated financial statements.

7

Owens & Minor, Inc. and Subsidiaries

Notes to Consolidated Financial Statements

(unaudited)

(in thousands, unless otherwise indicated)

Note 1—Basis of Presentation and Use of Estimates

Basis of Presentation

The accompanying unaudited consolidated financial statements include the accounts of Owens & Minor, Inc. and the subsidiaries it controls (we, us, or our) and contain all adjustments (which are comprised only of normal recurring accruals and use of estimates) necessary to conform with U.S. generally accepted accounting principles (GAAP). All significant intercompany accounts and transactions have been eliminated. The results of operations for interim periods are not necessarily indicative of the results expected for the full year.

Reclassifications

Certain prior year amounts have been reclassified to conform to current year presentation.

Use of Estimates

The preparation of consolidated financial statements in conformity with GAAP requires us to make assumptions and estimates that affect reported amounts and related disclosures. Actual results may differ from these estimates.

Note 2—Fair Value

The carrying amounts of cash and cash equivalents, accounts receivable, financing receivables, accounts payable and financing payables included in the consolidated balance sheets approximate fair value due to the short-term nature of these instruments. The fair value of long-term debt is estimated based on quoted market prices or dealer quotes for the identical liability when traded as an asset in an active market (Level 1) or, if quoted market prices or dealer quotes are not available, on the borrowing rates currently available for loans with similar terms, credit ratings and average remaining maturities (Level 2). We determine the fair value of our derivatives based on quoted market prices. See Note 8 for the fair value of long-term debt and Note 9 for the fair value of derivatives.

Note 3—Acquisitions

On October 1, 2014, we completed the acquisition of Medical Action Industries Inc. (Medical Action), a leading producer of surgical kits and procedure trays, which enabled an expansion of our capabilities in the assembly of kits, packs and trays for the healthcare market.

On November 1, 2014, we acquired ArcRoyal, a privately held surgical kitting company based in Ireland (ArcRoyal). The transaction expanded our capabilities in the assembly of kits, packs and trays in the European healthcare market.

The combined consideration for these two acquisitions was $261.6 million, net of cash acquired, and including debt assumed of $13.4 million (capitalized lease obligations).

The purchase price was allocated to the underlying assets acquired and liabilities assumed based upon our preliminary estimate of their fair values at the date of acquisition, with certain exceptions permitted under GAAP. The combined purchase price exceeded the preliminary estimated fair value of the net tangible and identifiable intangible assets by $151.3 million, which was allocated to goodwill. The following table presents, in the aggregate, the preliminary estimated fair value of the assets acquired and liabilities assumed recognized as of the acquisition date. Adjustments relate to revised estimates pending completion of our valuation. The allocation of purchase price to assets and liabilities acquired is not yet complete as we are working to finalize the valuation of specific fixed assets and liabilities.

8

	Preliminary Fair Value Estimated as of Acquisition Date		Differences Between Prior and Current Period Preliminary Fair Value Estimate			Preliminary Fair Value Currently Estimated as of Acquisition Date
Assets acquired:
Current assets	$	90,608	$	147		$	90,755
Property and equipment	34,048		(1,234		)	32,814
Goodwill	150,492		773			151,265
Intangible assets	77,623		—			77,623
Total assets	352,771		(314		)	352,457
Liabilities assumed:
Current liabilities	64,736		(314		)	64,422
Noncurrent liabilities	26,426		—			26,426
Total liabilities	91,162		(314		)	90,848
Fair value of net assets acquired, net of cash	$	261,609	$	—		$	261,609

We are amortizing the fair value of acquired intangible assets, primarily customer relationships, over their remaining weighted average useful lives of 14 years.

Goodwill of $151.3 million consists largely of expected opportunities to expand our kitting capabilities. We assigned goodwill of $21.9 million to our International segment and $129.4 million to our Domestic segment. None of the goodwill recognized is expected to be deductible for income tax purposes.

Pro forma results of operations for these acquisitions have not been presented because the effects on revenue and net income were not material to our historic consolidated financial statements.

Acquisition-related expenses in 2015 consisted primarily of transition costs incurred to integrate the acquired operations (including certain severance and contractual payments to former management). We recognized pre-tax acquisition-related expenses of $1.8 million in the second quarter and $4.4 million year-to-date in 2015 related to these activities.

Acquisition-related expenses of $3.5 million and $4.1 million in the three and six months ended June 30, 2014 consisted of costs to perform due diligence and analysis related to the Medical Action and ArcRoyal acquisitions, as well as certain costs in Movianto to resolve issues and claims with the former owner.

Note 4—Financing Receivables and Payables

At June 30, 2015 and December 31, 2014, we had financing receivables of $157.5 million and $196.2 million and related payables of $136.5 million and $168.8 million outstanding under our order-to-cash program and product financing arrangements, which were included in other current assets and other current liabilities, respectively, in the consolidated balance sheets.

Note 5—Goodwill and Intangible Assets

The following table summarizes the changes in the carrying amount of goodwill through June 30, 2015:

	Domestic Segment		International Segment			Total
Carrying amount of goodwill, December 31, 2014	$	377,089	$	46,187		$	423,276
Currency translation adjustments	—		(2,289		)	(2,289		)
Acquisitions (see Note 3)	773		—			773
Carrying amount of goodwill, June 30, 2015	$	377,862	$	43,898		$	421,760

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Intangible assets at June 30, 2015, and December 31, 2014, were as follows:

	June 30, 2015						December 31, 2014
	Customer Relationships			Other Intangibles			Customer Relationships			Other Intangibles
Gross intangible assets	$	123,222		$	2,695		$	125,448		$	3,405
Accumulated amortization	(24,905		)	(108		)	(19,773		)	(487		)
Net intangible assets	$	98,317		$	2,587		$	105,675		$	2,918

At June 30, 2015, $63.2 million in net intangible assets were held in the Domestic segment and $37.7 million were held in the International segment. Amortization expense for intangible assets was $2.4 million and $1.1 million for the three months ended June 30, 2015 and 2014 and $4.9 million and $2.2 million for the six months ended June 30, 2015 and 2014.

Based on the current carrying value of intangible assets subject to amortization, estimated amortization expense is $5.0 million for the remainder of 2015, $10.2 million for 2016, $10.0 million for 2017, $9.4 million for 2018, $9.3 million for 2019 and $9.3 million for 2020.

Note 6—Exit and Realignment Costs

We periodically incur exit and realignment and other charges associated with optimizing our operations, which includes the consolidation of certain distribution and logistics centers, administrative offices and warehouses in the United States and Europe. These charges also include costs associated with our strategic organizational realignment which include management changes, certain professional fees and costs to streamline administrative functions and processes.

Exit and realignment charges by segment for the three and six months ended June 30, 2015 and 2014 were as follows:

	Three Months Ended June 30,					Six Months Ended June 30,
	2015			2014		2015		2014
Domestic segment	$	(124	)	$	2,303	$	2,515	$	3,596
International segment	4,045			1,801		8,717		3,131
Total exit and realignment charges	$	3,921		$	4,104	$	11,232	$	6,727

The following table summarizes the activity related to exit and realignment cost accruals through June 30, 2015 and 2014:

	Lease Obligations			Severance and Other			Total
Accrued exit and realignment costs, December 31, 2014	$	3,575		$	2,887		$	6,462
Provision for exit and realignment activities	256			142			398
Cash payments, net of sublease income	(385		)	(873		)	(1,258		)
Accrued exit and realignment costs, March 31, 2015	3,446			2,156			5,602
Provision for exit and realignment activities	572			392			964
Cash payments, net of sublease income	(349		)	(1,171		)	(1,520		)
Accrued exit and realignment costs, June 30, 2015	$	3,669		$	1,377		$	5,046
Accrued exit and realignment costs, December 31, 2013	$	2,434		$	475		$	2,909
Provision for exit and realignment activities	532			807			1,339
Cash payments, net of sublease income	(411		)	(327		)	(738		)
Accrued exit and realignment costs, March 31, 2014	2,555			955			3,510
Provision for exit and realignment activities	6			2,236			2,242
Cash payments, net of sublease income	(383		)	(1,095		)	(1,478		)
Accrued exit and realignment costs, June 30, 2014	$	2,178		$	2,096		$	4,274

In addition to the exit and realignment accruals in the preceding table, we also incurred $2.9 million of costs that were expensed as incurred for the three months ended June 30, 2015, including $1.2 million in accelerated amortization of an

10

information system that has been replaced, $0.8 million in property related costs, $0.7 million in information systems costs, and $0.2 million in other costs. In the first quarter of 2015, we also incurred $6.9 million of costs that were expensed as incurred, including $3.0 million in accelerated amortization of an information system that has been replaced, $1.8 million in facility costs, $1.3 million in labor costs, $0.3 million in information systems costs and $0.5 million in other costs.

For the three months ended June 30, 2014, we recognized $1.9 million in costs that were expensed as incurred, including $0.9 million in property related costs, $0.7 million in labor costs, and $0.2 million in information technology costs. Additional expense in the first quarter of 2014 of $1.3 million were comprised of $0.5 million in relocation costs, $0.5 million in property related costs, and $0.3 million in labor and other costs.

We expect additional exit and realignment charges of approximately $1.7 million over the remainder of 2015 for activities initiated in the Domestic and International segments through June 30, 2015.

Note 7—Retirement Plans

We have a noncontributory, unfunded retirement plan for certain officers and other key employees in the United States. Certain of our foreign subsidiaries also have defined benefit pension plans covering substantially all of their respective employees.

The components of net periodic benefit cost, which are included in selling, general and administrative expenses, for the three and six months ended June 30, 2015 and 2014, were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
Service cost	$	32	$	40	$	65	$	75
Interest cost	464		482		929		965
Recognized net actuarial loss	401		202		802		406
Net periodic benefit cost	$	897	$	724	$	1,796	$	1,446

Certain of our foreign subsidiaries have health and welfare plans covering substantially all of their respective employees. Our expense for these plans totaled $0.5 million and $0.5 million for the three months ended June 30, 2015 and 2014 and $1.0 million and $1.0 million for the six months ended June 30, 2015 and 2014.

Note 8—Debt

We have $275 million of 3.875% senior notes due 2021 (the “2021 Notes”) and $275 million of 4.375% senior notes due 2024 (the “2024 Notes”), with interest payable semi-annually. The 2021 Notes were sold at 99.5% of the principal amount with an effective yield of 3.951%. The 2024 Notes were sold at 99.6% of the principal with an effective yield of 4.422%. We have the option to redeem the 2021 Notes and 2024 Notes in part or in whole prior to maturity at a redemption price equal to the greater of 100% of the principal amount or the present value of the remaining scheduled payments discounted at the Treasury Rate plus 30 basis points. As of June 30, 2015 and December 31, 2014, the estimated fair value of the 2021 Notes was $280.7 million and $275.1 million and the estimated fair value of the 2024 Notes was $279.7 million and $283.9 million, respectively.

We have a Credit Agreement with a $450 million borrowing capacity which extends through September 2019. Under the Amended Credit Agreement, we have the ability to request twoone-year extensions and to request an increase in aggregate commitments by up to $200 million. The interest rate on the Amended Credit Agreement, which is subject to adjustment quarterly, is based on the London Interbank Offered Rate (LIBOR), the Federal Funds Rate or the Prime Rate, plus an adjustment based on the better of our debt ratings or leverage ratio (Credit Spread) as defined by the Amended Credit Agreement. We are charged a commitment fee of between 12.5 and 25.0 basis points on the unused portion of the facility. The terms of the Amended Credit Agreement limit the amount of indebtedness that we may incur and require us to maintain ratios for leverage and interest coverage, including on a pro forma basis in the event of an acquisition. Based on our leverage ratio at June 30, 2015, the interest rate under the credit facility is LIBOR plus 1.375%.

At June 30, 2015, we had no borrowings and letters of credit of approximately $5.0 million outstanding under the Amended Credit Agreement, leaving $445 million available for borrowing. We also have a $1.2 million letter of credit outstanding as of June 30, 2015 and December 31, 2014, which supports our facilities leased in Europe.

The Amended Credit Agreement and senior notes contain cross-default provisions which could result in the acceleration of payments due in the event of default of either agreement. We believe we were in compliance with our debt covenants at June 30, 2015.

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Note 9—Derivatives

When deemed appropriate, we use derivatives, primarily forward contracts, as a risk management tool to mitigate the potential impact of foreign currency exchange risk. The total notional values of our foreign currency derivatives was $5.7 million at June 30, 2015 and $10.0 million as of December 31, 2014. We do not currently have any derivatives designated as hedging instruments and all gains and losses resulting from changes in the fair value of derivative instruments are immediately recognized into earnings. At June 30, 2015 and December 31, 2014 the fair value of our foreign currency contracts included in other assets on the consolidated balance sheet was $0.9 million and $0.7 million. The impact from changes in the fair value of these foreign currency derivatives included in other operating expense was $0.5 million and other operating income was $0.3 million for the three and six months ended June 30, 2015. We did not hold foreign currency contracts in the first six months of 2014. We consider the risk of counterparty default to be minimal.

Note 10—Income Taxes

The effective tax rate was 41.2% and 42.7% for the three and six months ended June 30, 2015, compared to 41.1% and 40.9% in the same periods of 2014. The change in rate is mainly due to the impact of foreign taxes and the effect of certain acquisition-related costs which are not deductible for tax purposes. The liability for unrecognized tax benefits was $6.0 million at June 30, 2015, and $6.7 million at December 31, 2014. Included in the liability at June 30, 2015 were $3.6 million of tax positions for which ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. In the current quarter, the Company concluded the examinations of our 2012 and 2013 federal income tax returns.  The impact of these examinations on our financial statements was not material.

Note 11—Net Income per Common Share

The following summarizes the calculation of net income per common share attributable to common shareholders for the three and six months ended June 30, 2015 and 2014.

	Three Months Ended    June 30,						Six Months Ended    June 30,
(in thousands, except per share data)	2015			2014			2015			2014
Numerator:
Net income	$	24,226		$	19,876		$	43,166		$	45,362
Less: income allocated to unvested restricted shares	(195		)	(159		)	(359		)	(345		)
Net income attributable to common shareholders - basic	24,031			19,717			42,807			45,017
Add: undistributed income attributable to unvested restricted shares - basic	42			19			63			68
Less: undistributed income attributable to unvested restricted shares - diluted	(42		)	(19		)	(63		)	(68		)
Net income attributable to common shareholders - diluted	$	24,031		$	19,717		$	42,807		$	45,017
Denominator:
Weighted average shares outstanding - basic	62,226			62,311			62,281			62,271
Dilutive shares - stock options	—			5			1			9
Weighted average shares outstanding - diluted	62,226			62,316			62,282			62,280
Net income per share attributable to common shareholders:
Basic	$	0.39		$	0.32		$	0.69		$	0.72
Diluted	$	0.39		$	0.32		$	0.69		$	0.72

Note 12—Shareholders’ Equity

Our Board of Directors has authorized a share repurchase program of up to $100 million of our outstanding common stock to be executed at the discretion of management over a three-year period, expiring in February 2017. The program is intended, in part, to offset shares issued in conjunction with our stock incentive plans and return capital to shareholders. The program may be suspended or discontinued at any time. During the six months ended June 30, 2015, we repurchased in open-market transactions and retired approximately 0.2 million shares of our common stock for an aggregate of $7.4 million, or an average price per share of $33.82. As of June 30, 2015, we have approximately $82.6 million remaining under the repurchase program. We have elected to allocate any excess of share repurchase price over par value to retained earnings.

12

Note 13—Accumulated Other Comprehensive Income

The following table shows the changes in accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2015 and 2014:

	Defined Benefit Pension Plans				Currency Translation Adjustments			Other			Total
Accumulated other comprehensive income (loss), March 31, 2015	$	(10,065	)		$	(41,588	)	$	7		$	(51,646	)
Other comprehensive income (loss) before reclassifications	—				6,606			—			6,606
Income tax	—				—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—				6,606			—			6,606
Amounts reclassified from accumulated other comprehensive income (loss)	401				—			(8		)	393
Income tax	(141		)		—			—			(141		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	260			—	—			(8		)	252
Other comprehensive income (loss)	260				6,606			(8		)	6,858
Accumulated other comprehensive income (loss), June 30, 2015	$	(9,805	)		$	(34,982	)	$	(1	)	$	(44,788	)
Accumulated other comprehensive income (loss), March 31, 2014	$	(6,372	)		$	16,359		$	146		$	10,133
Other comprehensive income (loss) before reclassifications	—				(570		)	29			(541		)
Income tax	—				—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—				(570		)	29			(541		)
Amounts reclassified from accumulated other comprehensive income (loss)	202				—			(22		)	180
Income tax	(90		)		—			8			(82		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	112				—			(14		)	98
Other comprehensive income (loss)	112				(570		)	15			(443		)
Accumulated other comprehensive income (loss), June 30, 2014	$	(6,260	)		$	15,789		$	161		$	9,690

13

	Defined Benefit Pension Plans			Currency Translation Adjustments			Other			Total
Accumulated other comprehensive income (loss), December 31, 2014	$	(10,323	)	$	(13,647	)	$	(31	)	$	(24,001	)
Other comprehensive income (loss) before reclassifications	—			(21,335		)	—			(21,335		)
Income tax	—			—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—			(21,335		)	—			(21,335		)
Amounts reclassified from accumulated other comprehensive income (loss)	803			—			30			833
Income tax	(285		)	—			—			(285		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	518			—			30			548
Other comprehensive income (loss)	518			(21,335		)	30			(20,787		)
Accumulated other comprehensive income (loss), June 30, 2015	$	(9,805	)	$	(34,982	)	$	(1	)	$	(44,788	)
Accumulated other comprehensive income (loss), December 31, 2013	$	(6,479	)	$	15,892		$	155		$	9,568
Other comprehensive income (loss) before reclassifications	—			(103		)	31			(72		)
Income tax	—			—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—			(103		)	31			(72		)
Amounts reclassified from accumulated other comprehensive income (loss)	405			—			(41		)	364
Income tax	(186		)	—			16			(170		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	219			—			(25		)	194
Other comprehensive income (loss)	219			(103		)	6			122
Accumulated other comprehensive income (loss), June 30, 2014	$	(6,260	)	$	15,789		$	161		$	9,690

We include amounts reclassified out of accumulated other comprehensive income related to defined benefit pension plans as a component of net periodic pension cost recorded in selling, general & administrative expenses. For the three and six months ended June 30, 2015, we reclassified $0.4 million and $0.8 million of actuarial net losses. For the three and six months ended June 30, 2014, we reclassified $0.2 million and $0.4 million of actuarial net losses.

Note 14—Commitments and Contingencies

Prior to exiting the direct-to-consumer business in January 2009, we received reimbursements from Medicare, Medicaid, and private healthcare insurers for certain customer billings. We are subject to audits of these reimbursements for up to seven years from the date of the service.

In the first quarter of 2015, we settled our dispute and terminated the service contract with a customer in the United Kingdom. As part of the settlement, we entered into a transition agreement for the transfer of services back to this customer and paid approximately $3.9 million that was fully accrued at December 31, 2014. Substantially all outstanding accounts receivable as of December 31, 2014 related to this contract have been received.

Note 15—Segment Information

We evaluate the performance of our segments based on their operating earnings excluding acquisition-related and exit and realignment charges, certain purchase price fair value adjustments, and other substantive items that, either as a result of their nature or size, would not be expected to occur as part of the our normal business operations on a regular basis.

14

The following tables present financial information by segment:

	Three Months Ended   June 30,						Six Months Ended   June 30,
	2015			2014			2015			2014
Net revenue:
Domestic	$	2,317,661		$	2,187,535		$	4,603,296		$	4,336,451
International	104,506			118,323			210,067			225,788
Consolidated net revenue	$	2,422,167		$	2,305,858		$	4,813,363		$	4,562,239
Operating earnings (loss):
Domestic	$	52,390		$	48,317		$	102,901		$	101,053
International	1,177			(3,623		)	1,557			(6,811		)
Acquisition-related and exit and realignment charges (1)	(5,707		)	(7,593		)	(15,623		)	(10,855		)
Consolidated operating earnings	$	47,860		$	37,101		$	88,835		$	83,387
Depreciation and amortization:
Domestic	$	10,504		$	8,812		$	21,242		$	17,787
International	5,277			5,080			10,708			9,969
Consolidated depreciation and amortization	$	15,781		$	13,892		$	31,950		$	27,756
Capital expenditures:
Domestic	$	3,384		$	18,858		$	12,035		$	29,033
International	7,875			5,737			10,790			9,790
Consolidated capital expenditures	$	11,259		$	24,595		$	22,825		$	38,823

	June 30, 2015		December 31, 2014
Total assets:
Domestic	$	2,130,996	$	2,139,972
International	462,941		538,662
Segment assets	2,593,937		2,678,634
Cash and cash equivalents	200,969		56,772
Consolidated total assets	$	2,794,906	$	2,735,406

⁽¹⁾ The three and six months ended June 30, 2015 include $1.2 million and $4.2 million, respectively in accelerated amortization related to an information system that is being replaced.

15

Note 16—Condensed Consolidating Financial Information

The following tables present condensed consolidating financial information for: Owens & Minor, Inc. (O&M); the guarantors of Owens & Minor, Inc.’s 2021 Notes and 2024 Notes, on a combined basis; and the non-guarantor subsidiaries of the 2021 Notes and 2024 Notes, on a combined basis. The guarantor subsidiaries are 100% owned by Owens & Minor, Inc. Separate financial statements of the guarantor subsidiaries are not presented because the guarantees by our guarantor subsidiaries are full and unconditional, as well as joint and several, and we believe the condensed consolidating financial information is more meaningful in understanding the financial position, results of operations and cash flows of the guarantor subsidiaries.

Three Months Ended June 30, 2015	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	2,279,725		$	178,844		$	(36,402	)	$	2,422,167
Cost of goods sold	—			2,064,515			95,570			(36,255		)	2,123,830
Gross margin	—			215,210			83,274			(147		)	298,337
Selling, general and administrative expenses	626			160,348			70,524			—			231,498
Acquisition-related and exit and realignment charges	—			256			5,451			—			5,707
Depreciation and amortization	—			8,910			6,550			—			15,460
Other operating income, net	—			(1,354		)	(834		)	—			(2,188		)
Operating earnings (loss)	(626		)	47,050			1,583			(147		)	47,860
Interest expense (income), net	6,938			(233		)	(25		)	—			6,680
Income (loss) before income taxes	(7,564		)	47,283			1,608			(147		)	41,180
Income tax (benefit) provision	—			16,973			(19		)	—			16,954
Equity in earnings of subsidiaries	31,790			—			—			(31,790		)	—
Net income (loss)	24,226			30,310			1,627			(31,937		)	24,226
Other comprehensive income (loss)	6,858			(21,839		)	28,696			(6,857		)	6,858
Comprehensive income (loss)	$	31,084		$	8,471		$	30,323		$	(38,794	)	$	31,084

16

Three Months Ended June 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	2,187,130		$	137,683		$	(18,955	)	$	2,305,858
Cost of goods sold	—			1,978,815			63,299			(18,528		)	2,023,586
Gross margin	—			208,315			74,384			(427		)	282,272
Selling, general and administrative expenses	61			152,122			73,655			—			225,838
Acquisition-related and exit and realignment charges	—			3,886			3,707			—			7,593
Depreciation and amortization	2			8,790			5,100			—			13,892
Other operating income, net	—			(814		)	(1,338		)	—			(2,152		)
Operating earnings (loss)	(63		)	44,331			(6,740		)	(427		)	37,101
Interest expense (income), net	2,924			791			(373		)	—			3,342
Income (loss) before income taxes	(2,987		)	43,540			(6,367		)	(427		)	33,759
Income tax (benefit) provision	(1,200		)	17,808			(2,725		)	—			13,883
Equity in earnings of subsidiaries	21,663			—			—			(21,663		)	—
Net income (loss)	19,876			25,732			(3,642		)	(22,090		)	19,876
Other comprehensive income (loss)	(443		)	111			(570		)	459			(443		)
Comprehensive income (loss)	$	19,433		$	25,843		$	(4,212	)	$	(21,631	)	$	19,433

Six Months Ended June 30, 2015	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	4,529,430		$	360,204		$	(76,271	)	$	4,813,363
Cost of goods sold	—			4,098,327			195,608			(76,510		)	4,217,425
Gross margin	—			431,103			164,596			239			595,938
Selling, general and administrative expenses	665			320,925			143,733			—			465,323
Acquisition-related and exit and realignment charges	—			3,833			11,790			—			15,623
Depreciation and amortization	—			18,014			13,315			—			31,329
Other operating income, net	—			(2,331		)	(2,841		)	—			(5,172		)
Operating earnings (loss)	(665		)	90,662			(1,401		)	239			88,835
Interest expense (income), net	12,885			581			94			—			13,560
Income (loss) before income taxes	(13,550		)	90,081			(1,495		)	239			75,275
Income tax (benefit) provision	(773		)	31,759			1,123			—			32,109
Equity in earnings of subsidiaries	55,943			—			—			(55,943		)	—
Net income (loss)	43,166			58,322			(2,618		)	(55,704		)	43,166
Other comprehensive income (loss)	(20,787		)	(21,335		)	548			20,787			(20,787		)
Comprehensive income (loss)	$	22,379		$	36,987		$	(2,070	)	$	(34,917	)	$	22,379

17

Six Months Ended June 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	4,335,495		$	257,558		$	(30,814	)	$	4,562,239
Cost of goods sold	—			3,918,280			110,897			(30,406		)	3,998,771
Gross margin	—			417,215			146,661			(408		)	563,468
Selling, general and administrative expenses	14			306,372			145,062			—			451,448
Acquisition-related and exit and realignment charges	—			5,180			5,675			—			10,855
Depreciation and amortization	1			17,741			10,014			—			27,756
Other operating income, net	—			(7,877		)	(2,101		)	—			(9,978		)
Operating earnings (loss)	(15		)	95,799			(11,989		)	(408		)	83,387
Interest expense (income), net	5,399			2,034			(844		)	—			6,589
Income (loss) before income taxes	(5,414		)	93,765			(11,145		)	(408		)	76,798
Income tax (benefit) provision	(2,155		)	37,994			(4,403		)	—			31,436
Equity in earnings of subsidiaries	48,621			—			—			(48,621		)	—
Net income (loss)	45,362			55,771			(6,742		)	(49,029		)	45,362
Other comprehensive income (loss)	122			218			(103		)	(115		)	122
Comprehensive income (loss)	$	45,484		$	55,989		$	(6,845	)	$	(49,144	)	$	45,484

18

June 30, 2015	Owens & Minor, Inc.			Guarantor Subsidiaries			Non- guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	105,427		$	46,639		$	48,903		$	—		$	200,969
Accounts and notes receivable, net	—			485,256			105,346			(9,863		)	580,739
Merchandise inventories	—			852,396			55,272			(4,167		)	903,501
Other current assets	299			94,214			179,717			1,251			275,481
Total current assets	105,726			1,478,505			389,238			(12,779		)	1,960,690
Property and equipment, net	—			108,373			110,999			—			219,372
Goodwill, net	—			247,271			174,489			—			421,760
Intangible assets, net	—			14,768			86,136			—			100,904
Due from O&M and subsidiaries	—			513,448			—			(513,448		)	—
Advances to and investment in consolidated subsidiaries	1,897,461			—			—			(1,897,461		)	—
Other assets, net	4,347			62,413			25,420			—			92,180
Total assets	$	2,007,534		$	2,424,778		$	786,282		$	(2,423,688	)	$	2,794,906
Liabilities and equity
Current liabilities
Accounts payable	$	—		$	713,907		$	48,470		$	(8,882	)	$	753,495
Accrued payroll and related liabilities	—			23,485			11,312			—			34,797
Deferred income taxes	—			43,160			(1,782		)	—			41,378
Other accrued liabilities	7,004			99,024			182,404			—			288,432
Total current liabilities	7,004			879,576			240,404			(8,882		)	1,118,102
Long-term debt, excluding current portion	547,905			5,395			21,323			—			574,623
Due to O&M and subsidiaries	475,498			—			77,464			(552,962		)	—
Intercompany debt	—			138,890			—			(138,890		)	—
Deferred income taxes	—			32,974			29,308			—			62,282
Other liabilities	—			55,155			7,617			—			62,772
Total liabilities	1,030,407			1,111,990			376,116			(700,734		)	1,817,779
Equity
Common stock	126,036			—			—			—			126,036
Paid-in capital	205,727			241,877			514,314			(756,191		)	205,727
Retained earnings (deficit)	690,152			1,080,701			(69,099		)	(1,011,602		)	690,152
Accumulated other comprehensive income (loss)	(44,788		)	(9,790		)	(35,049		)	44,839			(44,788		)
Total equity	977,127			1,312,788			410,166			(1,722,954		)	977,127
Total liabilities and equity	$	2,007,534		$	2,424,778		$	786,282		$	(2,423,688	)	$	2,794,906

19

December 31, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	22,013		$	3,912		$	30,847		$	—		$	56,772
Accounts and notes receivable, net	—			519,951			144,463			(38,222		)	626,192
Merchandise inventories	—			816,915			60,061			(4,519		)	872,457
Other current assets	(24,748		)	90,733			224,220			25,080			315,285
Total current assets	(2,735		)	1,431,511			459,591			(17,661		)	1,870,706
Property and equipment, net	—			110,076			122,903			—			232,979
Goodwill, net	—			247,271			176,005			—			423,276
Intangible assets, net	—			15,805			92,788			—			108,593
Due from O&M and subsidiaries	—			357,304			—			(357,304		)	—
Advances to and investments in consolidated subsidiaries	1,893,767			—			—			(1,893,767		)	—
Other assets, net	4,637			66,836			28,379			—			99,852
Total assets	$	1,895,669		$	2,228,803		$	879,666		$	(2,268,732	)	$	2,735,406
Liabilities and equity
Current liabilities
Accounts payable	$	—		$	567,285		$	54,898		$	(13,337	)	$	608,846
Accrued payroll and related liabilities	—			16,434			15,073			—			31,507
Deferred income taxes	—			39,667			(1,688		)	—			37,979
Other current liabilities	6,441			83,698			236,084			—			326,223
Total current liabilities	6,441			707,084			304,367			(13,337		)	1,004,555
Long-term debt, excluding current portion	547,763			39,915			20,873			—			608,551
Due to O&M and subsidiaries	350,627			—			77,788			(428,415		)	—
Intercompany debt	—			138,890			—			(138,890		)	—
Deferred income taxes	—			33,162			30,739			—			63,901
Other liabilities	—			55,794			11,767			—			67,561
Total liabilities	904,831			974,845			445,534			(580,642		)	1,744,568
Equity													—
Common stock	126,140			—			—			—			126,140
Paid-in capital	202,934			241,877			514,314			(756,191		)	202,934
Retained earnings (deficit)	685,765			1,022,379			(66,479		)	(955,900		)	685,765
Accumulated other comprehensive income (loss)	(24,001		)	(10,298		)	(13,703		)	24,001			(24,001		)
Total equity	990,838			1,253,958			434,132			(1,688,090		)	990,838
Total liabilities and equity	$	1,895,669		$	2,228,803		$	879,666		$	(2,268,732	)	$	2,735,406

20

Six Months Ended June 30, 2015	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Cash Flows
Operating activities:
Net income (loss)	$	43,166		$	58,322		$	(2,618	)	$	(55,704	)	$	43,166
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	(55,943		)	—			—			55,943			—
Depreciation and amortization	—			17,741			18,397			—			36,138
Share-based compensation expense	—			5,048			—			—			5,048
Provision for losses on accounts and notes receivable	—			(36		)	77			—			41
Deferred income tax expense (benefit)	—			2,376			616			—			2,992
Changes in operating assets and liabilities:
Accounts and notes receivable	—			35,566			(180		)	6,236			41,622
Merchandise inventories	—			(35,481		)	1,193			2,422			(31,866		)
Accounts payable	—			146,622			5,798			(6,738		)	145,682
Net change in other assets and liabilities	(148		)	14,338			(9,260		)	(2,159		)	2,771
Other, net	429			726			41			—			1,196
Cash provided by (used for) operating activities	(12,496		)	245,222			14,064			—			246,790
Investing activities:
Additions to property and equipment	—			(9,292		)	(2,717		)	—			(12,009		)
Additions to computer software and intangible assets	—			(2,068		)	(8,748		)	—			(10,816		)
Proceeds from the sale of property and equipment	—			60			777			—			837
Cash used for investing activities	—			(11,300		)	(10,688		)	—			(21,988		)
Financing activities:
Change in intercompany advances	135,627			(155,951		)	20,324			—			—
Repayment of revolving credit facility	—			(33,700		)	—			—			(33,700		)
Change in bank overdraft	—			—			1,530			—			1,530
Cash dividends paid	(31,867		)	—			—			—			(31,867		)
Repurchases of common stock	(7,440		)	—			—			—			(7,440		)
Excess tax benefits related to share-based compensation	457			—			—			—			457
Other, net	(867		)	(1,544		)	(2,701		)	—			(5,112		)
Cash provided by (used for) financing activities	95,910			(191,195		)	19,153			—			(76,132		)
Effect of exchange rate changes on cash and cashequivalents	—			—			(4,473		)	—			(4,473		)
Net increase (decrease) in cash and cash equivalents	83,414			42,727			18,056			—			144,197
Cash and cash equivalents at beginning of period	22,013			3,912			30,847			—			56,772
Cash and cash equivalents at end of period	$	105,427		$	46,639		$	48,903		$	—		$	200,969

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Six months ended June 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Cash Flows
Operating activities:
Net income (loss)	$	45,362		$	55,771		$	(6,742	)	$	(49,029	)	$	45,362
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	(48,621		)	—			—			48,621			—
Depreciation and amortization	1			17,741			10,014			—			27,756
Share-based compensation expense	—			4,190			—			—			4,190
Provision for losses on accounts and notes receivable	—			146			188			—			334
Deferred income tax expense (benefit)	—			(4,117		)	(1,034		)	—			(5,151		)
Changes in operating assets and liabilities:
Accounts and notes receivable	—			28,286			428			(237		)	28,477
Merchandise inventories	—			(38,733		)	(10,248		)	406			(48,575		)
Accounts payable	—			54,860			(177		)	239			54,922
Net change in other assets and liabilities	(952		)	(15,272		)	(16,541		)	—			(32,765		)
Other, net	(776		)	(280		)	(22		)	—			(1,078		)
Cash provided by (used for) operating activities	(4,986		)	102,592			(24,134		)	—			73,472
Investing activities:
Proceeds from the sale of investment				1,937									1,937
Additions to property and equipment	—			(16,777		)	(8,880		)	—			(25,657		)
Additions to computer software and intangible assets	—			(12,256		)	(910		)	—			(13,166		)
Proceeds from the sale of property and equipment	—			35			10			—			45
Cash used for investing activities	—			(27,061		)	(9,780		)	—			(36,841		)
Financing activities:
Change in intercompany advances	28,847			(62,995		)	34,148			—			—
Cash dividends paid	(31,564		)	—			—			—			(31,564		)
Repurchases of common stock	(9,448		)	—			—			—			(9,448		)
Excess tax benefits related to share-based compensation	444			—			—			—			444
Proceeds from exercise of stock options	1,180			—			—			—			1,180
Purchase of noncontrolling interest	—			—			(1,500		)	—			(1,500		)
Other, net	(2,072		)	(1,450		)	(919		)	—			(4,441		)
Cash provided by (used for) financing activities	(12,613		)	(64,445		)	31,729			—			(45,329		)
Effect of exchange rate changes on cash and cashequivalents	—			—			(1,180		)	—			(1,180		)
Net increase (decrease) in cash and cash equivalents	(17,599		)	11,086			(3,365		)	—			(9,878		)
Cash and cash equivalents at beginning of period	74,391			2,012			25,502			—			101,905
Cash and cash equivalents at end of period	$	56,792		$	13,098		$	22,137		$	—		$	92,027

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Note 17—Recent Accounting Pronouncements

There has been no change in our significant accounting policies from those contained in our Annual Report on Form 10-K for the year ended December 31, 2014. There are no new accounting pronouncements that we anticipate will have a material impact on our financial statements.

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

The following discussion and analysis describes results of operations and material changes in the financial condition of Owens & Minor, Inc. and its subsidiaries since December 31, 2014. Trends of a material nature are discussed to the extent known and considered relevant. This discussion should be read in conjunction with the consolidated financial statements, related notes thereto, and management’s discussion and analysis of financial condition and results of operations included in our Annual Report on Form 10-K for the year ended December 31, 2014.

Overview

Owens & Minor, Inc., along with its subsidiaries, (we, us, or our) is a leading national distributor of name-brand medical and surgical supplies and a healthcare logistics company. We report our business under two segments: Domestic and International. The Domestic segment includes all functions relating to our role as a medical supply logistics company providing distribution, packaging and logistics services to healthcare providers and manufacturers in the United States. The International segment consists of our European third-party logistics and packaging businesses. Segment financial information is provided in Note 15 of Notes to Consolidated Financial Statements included in this quarterly report.

Financial highlights. The following table provides a reconciliation of reported operating earnings, net income and net income per diluted common share to non-GAAP measures used by management.

	Three Months Ended June 30,						Six Months Ended   June 30,
(Dollars in thousands except per share data)	2015			2014			2015			2014
Operating earnings, as reported (GAAP)	$	47,860		$	37,101		$	88,835		$	83,387
Acquisition-related and exit and realignment charges	5,707			7,593			15,623			10,855
Operating earnings, adjusted (non-GAAP) (Adjusted Operating Earnings)	$	53,567		$	44,694		$	104,458		$	94,242
Adjusted Operating Earnings as a percent of revenue (non-GAAP)	2.21		%	1.94		%	2.17		%	2.07		%
Net income, as reported (GAAP)	$	24,226		$	19,876		$	43,166		$	45,362
Acquisition-related and exit and realignment charges, net of tax	4,869			5,095			13,461			7,317
Net income, adjusted (non-GAAP) (Adjusted Net Income)	$	29,095		$	24,971		$	56,627		$	52,679
Net income per diluted common share, as reported (GAAP)	$	0.39		$	0.32		$	0.69		$	0.72
Acquisition-related and exit and realignment charges, per diluted common share	0.07			0.08			0.21			0.12
Net income per diluted common share, adjusted (non-GAAP)(Adjusted EPS)	$	0.46		$	0.40		$	0.90		$	0.84

Adjusted EPS (non-GAAP) was $0.46 and $0.90 for the three and six months ended June 30, 2015, $0.06 higher than the prior year for both periods. Domestic segment operating earnings increased by $4.1 million to $52.4 million in the second quarter and increased $1.8 million to $102.9 million for the year-to-date period when compared to prior year. The six month period of 2014 included the recovery of $5.3 million related to the settlement of a direct purchaser anti-trust class action lawsuit. The International segment improved $4.8 million in the three month period ended June 30, 2015 to operating income of $1.2 million and improved $8.4 million on a year-to-date basis to operating income of $1.6 million.

Use of Non-GAAP Measures

This management’s discussion and analysis contains financial measures that are not calculated in accordance with U.S. generally accepted accounting principles (GAAP). In general, the measures exclude items and charges that (i) management does not believe reflect our core business and relate more to strategic, multi-year corporate activities; or (ii) relate to activities or actions that may have occurred over multiple or in prior periods without predictable trends. Management uses these non-GAAP financial measures internally to evaluate our performance, evaluate the balance sheet, engage in financial and operational planning and determine incentive compensation.

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Management provides these non-GAAP financial measures to investors as supplemental metrics to assist readers in assessing the effects of items and events on our financial and operating results and in comparing our performance to that of our competitors. However, the non-GAAP financial measures used by us may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies.

The non-GAAP financial measures disclosed by us should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations to those financial statements set forth above should be carefully evaluated.

Acquisition-related charges were $1.8 million and $4.4 million for the three and six months ended June 30, 2015 compared to $3.5 million and $4.1 million for the same periods of 2014. Current year charges consist primarily of costs to continue the integration of Medical Action and ArcRoyal which were acquired in the fourth quarter of 2014 including certain severance and contractual payments to former management and costs to transition information technology and other administrative functions. Prior year charges consisted primarily of transaction costs incurred to perform due diligence and analysis related to these acquisitions, as well as costs in Movianto to resolve certain contingencies with the former owner.

Exit and realignment charges of $3.9 million and $11.2 million for the three and six months ended June 30, 2015 were associated with optimizing our operations and included the consolidation of distribution and logistics centers and closure of offsite warehouses in the United States and Europe, as well as other costs associated with our strategic organizational realignment which include certain professional fees and costs to streamline administrative functions and processes in Europe. Similar charges in 2014 totaled $4.1 million and $6.7 million in the comparable periods.

These charges have been tax effected in the preceding table by determining the income tax rate depending on the amount of charges incurred in different tax jurisdictions and the deductibility of those charges for income tax purposes. Unless otherwise stated, our analysis hereinafter excludes acquisition-related and exit and realignment charges. More information about these charges is provided in Notes 3 and 6 of Notes to Consolidated Financial Statements included in this quarterly report.

Results of Operations

Net revenue.

	Three Months Ended June 30,				Change
(Dollars in thousands)	2015		2014		$			%
Domestic	$	2,317,661	$	2,187,535	$	130,126		5.9	%
International	104,506		118,323		(13,817		)	(11.7	)%
Net revenue	$	2,422,167	$	2,305,858	$	116,309		5.0	%

	Six Months Ended June 30,				Change
(Dollars in thousands)	2015		2014		$			%
Domestic	$	4,603,296	$	4,336,451	$	266,845		6.2	%
International	210,067		225,788		(15,721		)	(7.0	)%
Net revenue	$	4,813,363	$	4,562,239	$	251,124		5.5	%

Consolidated net revenue improved in the three and six month periods ended June 30, 2015 as a result of strong growth in our Domestic segment. Excluding the impact of the 2014 fourth quarter acquisition, Domestic net revenue increased by 4.2% for the quarter and 4.5% year-to-date. The continued trend of growth in our existing large healthcare provider customer accounts and new business exceeded declines from smaller customers and lost business when compared to prior year. Domestic segment growth rates are impacted by ongoing market trends including healthcare utilization rates. The decrease in the International segment net revenue was driven by unfavorable foreign currency translation impacts of $15.7 million and $30.5 million for the three and six months ended June 30, 2015. On a constant currency basis, excluding the impact of the 2014 packaging acquisition and the transition of a customer from buy/sell to a fee-for-service arrangement, net revenues in the International segment were essentially flat for the quarter and year-to-date periods compared to prior year. Fee-for-service business generally represents approximately two-thirds of net revenue in the International segment.

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Cost of goods sold.

	Three Months Ended June 30,				Change
(Dollars in thousands)	2015		2014		$		%
Cost of goods sold	$	2,123,830	$	2,023,586	$	100,244	5.0	%

	Six Months Ended June 30,				Change
(Dollars in thousands)	2015		2014		$		%
Cost of goods sold	$	4,217,425	$	3,998,771	$	218,654	5.5	%

Cost of goods sold includes the cost of the product (net of supplier incentives and cash discounts) and all costs incurred for shipments of products from manufacturers to our distribution centers for all customer arrangements where we are the primary obligor, bear risk of general and physical inventory loss and carry all credit risk associated with sales. These are sometimes referred to as distribution or buy/sell contracts. Beginning in the fourth quarter of 2014, cost of goods sold also includes direct and certain indirect labor, material and overhead costs associated with our packaging operations. There is no cost of goods sold associated with our fee-for-service business. As a result of the increase in sales activity through our distribution and packaging businesses, cost of goods sold increased from prior year by $100.2 million and $218.7 million for the three and six month periods ended June 30, 2015, respectively.

Gross margin.

	Three Months Ended June 30,						Change
(Dollars in thousands)	2015			2014			$		%
Gross margin	$	298,337		$	282,272		$	16,065	5.7	%
As a % of net revenue	12.32		%	12.24		%

	Six Months Ended June 30,						Change
(Dollars in thousands)	2015			2014			$		%
Gross margin	$	595,938		$	563,468		$	32,470	5.8	%
As a % of net revenue	12.38		%	12.35		%

The increases in gross margin for the quarter and year-to-date periods of 2015 compared to the prior year were largely attributable to revenue growth in the Domestic segment as described above, as well as benefits from certain supplier product price changes in the second quarter of 2015. The International segment also experienced an increase in gross margin from prior year resulting from the packaging acquisition and growth in fee-for-service business though these benefits were offset by $12.6 million in the quarter and $23.8 million year-to-date in unfavorable impacts from foreign currency translation.

Operating expenses.

	Three Months Ended June 30,						Change
(Dollars in thousands)	2015			2014			$			%
SG&A expenses	$	231,498		$	225,838		$	5,660		2.5	%
As a % of net revenue	9.56		%	9.79		%
Depreciation and amortization	$	15,460		$	13,892		$	1,568		11.3	%
Other operating income, net	$	(2,188	)	$	(2,152	)	$	(36	)	1.7	%

	Six Months Ended June 30,						Change
(Dollars in thousands)	2015			2014			$		%
SG&A expenses	$	465,323		$	451,448		$	13,875	3.1	%
As a % of net revenue	9.67		%	9.90		%
Depreciation and amortization	$	31,329		$	27,756		$	3,573	12.9	%
Other operating income, net	$	(5,172	)	$	(9,978	)	$	4,806	(48.2	)%

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Selling, general and administrative (SG&A) expenses include labor and warehousing costs associated with our distribution and logistics services and all costs associated with our fee-for-service arrangements. Shipping and handling costs are included in SG&A expenses and include costs to store, to move, and to prepare products for shipment, as well as costs to deliver products to customers. The costs to convert new customers to our information systems are generally incurred prior to the recognition of revenues from the new customers.

The increases in SG&A expenses compared to the prior year periods were largely attributable to increased expenses associated with incremental sales activity in the Domestic segment as well as increases from the 2014 acquisitions in both segments, partially offset by favorable foreign currency translation impacts of $11.4 million for the quarter and $22.1 million year-to-date. The Domestic segment also incurred $0.4 million and $0.8 million for the three and six month periods ended June 30, 2015 in costs associated with our previously announced CEO search which includes professional fees, consulting, meeting and travel expenses and other costs associated with the leadership succession plan.

Depreciation and amortization expense increased in both periods of 2015 compared to the prior year as a result of property, equipment and intangible assets acquired with business combinations in the fourth quarter of 2014. In connection with our packaging businesses, approximately $0.3 million and $0.6 million in depreciation for the three and six months ended June 20, 2015 is also included in cost of goods sold. Additional amortization of $1.2 million and $4.2 million related to the accelerated amortization of an information system which has been replaced in the International segment is included in acquisition-related and exit and realignment charges for the current quarter and year-to-date periods.

The decrease in other operating income, net for the six months ended June 30, 2015 compared to 2014 was attributed primarily to the benefit in the prior year of $5.3 million from the settlement of a direct purchaser anti-trust class action lawsuit which did not re-occur in the current year.

Interest expense, net

	Three Months Ended June 30,						Change
(Dollars in thousands)	2015			2014			$		%
Interest expense, net	$	6,680		$	3,342		$	3,338	99.9	%
Effective interest rate	4.81		%	6.12		%

	Six Months Ended June 30,						Change
(Dollars in thousands)	2015			2014			$		%
Interest expense, net	$	13,560		$	6,589		$	6,971	105.8	%
Effective interest rate	4.74		%	6.10		%

The increases in interest expense in the three and six months ended June 30, 2015 compared to the same periods of 2014 were the result of the new Senior Notes issued on September 16, 2014.

Income taxes.

	Three Months Ended June 30,						Change
(Dollars in thousands)	2015			2014			$		%
Income tax provision	$	16,954		$	13,883		$	3,071	22.1	%
Effective tax rate	41.2		%	41.1		%

	Six Months Ended June 30,						Change
(Dollars in thousands)	2015			2014			$		%
Income tax provision	$	32,109		$	31,436		$	673	2.1	%
Effective tax rate	42.7		%	40.9		%

The change in the provision for income taxes compared to 2014, including income taxes on acquisition-related and exit and realignment charges, is a result of the amount of pretax income earned in different tax jurisdictions and the deductibility of certain acquisition-related charges for income tax purposes.

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Financial Condition, Liquidity and Capital Resources

Financial condition. We monitor operating working capital through days sales outstanding (DSO) and merchandise inventory turnover. We estimate a hypothetical increase (decrease) in DSO of one day would result in a decrease (increase) in our cash balances, an increase (decrease) in borrowings against our revolving credit facility, or a combination thereof of approximately $25 million.

The majority of our cash and cash equivalents are held in cash depository accounts with major banks in the United States and Europe or invested in high-quality, short-term liquid investments. Changes in our working capital can vary in the normal course of business based upon the timing of inventory purchases, collection of accounts receivable, and payment to suppliers.

	June 30, 2015		December 31, 2014		Change
(Dollars in thousands)					$			%
Cash and cash equivalents	$	200,969	$	56,772	$	144,197		254.0	%
Accounts and notes receivable, net of allowances	$	580,739	$	626,192	$	(45,453	)	(7.3	)%
Consolidated DSO (1)	20.4		22.1
Merchandise inventories	$	903,501	$	872,457	$	31,044		3.6	%
Consolidated inventory turnover (2)	9.6		10.1
Accounts payable	$	753,495	$	608,846	$	144,649		23.8	%

(1) Based on period end accounts receivable and net revenue for the quarter

(2) Based on average annual inventory and annualized cost of goods sold based on the quarter ended June 30, 2015 and December 31, 2014

Liquidity and capital expenditures. The following table summarizes our consolidated statements of cash flows for the six months ended June 30, 2015 and 2014:

(Dollars in thousands)	2015			2014
Net cash provided by (used for):
Operating activities	$	246,790		$	73,472
Investing activities	(21,988		)	(36,841		)
Financing activities	(76,132		)	(45,329		)
Effect of exchange rate changes	(4,473		)	(1,180		)
Increase (decrease) in cash and cash equivalents	$	144,197		$	(9,878	)

Cash provided by operating activities was $246.8 million in the first six months of 2015, compared to $73.5 million in the same period of 2014. The increase in cash from operating activities for the first six months of 2015 compared to the same period in 2014 was primarily due to timing of payments to vendors and improvements in net working capital.

Cash used for investing activities was $22.0 million in the first six months of 2015, compared to $36.8 million in the same period of 2014. Investing activities in 2015 and 2014 related to capital expenditures for our strategic and operational efficiency initiatives, particularly initiatives relating to information technology enhancements and optimizing our distribution network.

Cash used for financing activities in the first six months of 2015 was $76.1 million, compared to $45.3 million used in the same period of 2014. During the first six months of 2015, we paid dividends of $31.9 million (compared to $31.6 million in 2014), repurchased common stock under a share repurchase program for $7.4 million (compared to $9.4 million in 2014) and repaid $33.7 million in borrowings on our Amended Credit Agreement. Financing activities in 2014 also included proceeds of $1.2 million from the exercise of stock options and the cash purchase of the noncontrolling interest in a subsidiary for $1.5 million.

Capital resources. Our sources of liquidity include cash and cash equivalents and a revolving credit facility. On September 17, 2014, we amended our existing Credit Agreement with Wells Fargo Bank, N.A., JPMorgan Chase Bank, N.A., Bank of America, N.A. and a syndicate of financial institutions (the Amended Credit Agreement) increasing our borrowing capacity from $350 million to $450 million and extending the term through 2019. Under the Amended Credit Agreement, we have the ability to request two one-year extensions and to request an increase in aggregate commitments by up to $200 million. The interest rate on the Amended Credit Agreement, which is subject to adjustment quarterly, is based on the London Interbank Offered Rate (LIBOR), the Federal Funds Rate or the Prime Rate, plus an adjustment based on the better of our debt ratings or leverage ratio (Credit Spread) as defined by the Amended Credit Agreement. We are charged a commitment fee of between 12.5 and 25.0 basis points on the unused portion of the facility. The terms of the Amended Credit Agreement limit the amount

27

of indebtedness that we may incur and require us to maintain ratios for leverage and interest coverage, including on a pro forma basis in the event of an acquisition. We may utilize the revolving credit facility for long-term strategic growth, capital expenditures, working capital and general corporate purposes. If we were unable to access the revolving credit facility, it could impact our ability to fund these needs. Based on our leverage ratio at June 30, 2015, the interest rate under the credit facility is LIBOR plus 1.375%.

At June 30, 2015 , we had no borrowings and letters of credit of approximately $5.0 million outstanding under the Amended Credit Agreement, leaving $445 million available for borrowing. We also have a $1.2 million letter of credit outstanding as of June 30, 2015 and December 31, 2014 which supports our facilities leased in Europe.

On September 16, 2014, we issued $275 million of 3.875% senior notes due 2021 (the “2021 Notes”) and $275 million of 4.375% senior notes due 2024 (the “2024 Notes”). The 2021 Notes were sold at 99.5% of the principal amount with an effective yield of 3.951%. The 2024 Notes were sold at 99.6% of the principal amount with an effective yield of 4.422%. Interest on the 2021 Notes and 2024 Notes is payable semiannually in arrears, commencing on March 15, 2015 and December 15, 2014, respectively. We have the option to redeem the 2021 Notes and 2024 Notes in part or in whole prior to maturity at a redemption price equal to the greater of 100% of the principal amount or the present value of the remaining scheduled payments discounted at the Treasury Rate plus 30 basis points.

In the second quarter of 2015, we paid cash dividends on our outstanding common stock at the rate of $0.2525 per share, which represents a 1.0% increase over the rate of $0.25 per share paid in the second quarter of 2014. We anticipate continuing to pay quarterly cash dividends in the future. However, the payment of future dividends remains within the discretion of the Board of Directors and will depend upon our results of operations, financial condition, capital requirements and other factors.

In February 2014, the Board of Directors authorized a share repurchase program of up to $100 million of our outstanding common stock to be executed at the discretion of management over a three-year period, expiring in February 2017. The program is intended, in part, to offset shares issued in conjunction with our stock incentive plan and return capital to shareholders. The program may be suspended or discontinued at any time. Purchases under the share repurchase program are made either pursuant to 10b5-1 plans entered into by the company from time to time and/or during the company’s scheduled quarterly trading windows for officers and directors. During the first six months of 2015, we repurchased approximately 0.2 million shares for $7.4 million under this program. At June 30, 2015, the remaining amount authorized for repurchase under this program was $82.6 million.

We earn a portion of our operating earnings in foreign jurisdictions outside the U.S., which we consider to be indefinitely reinvested. Accordingly, no U.S. federal and state income taxes and withholding taxes have been provided on these earnings. Our cash, cash-equivalents, short-term investments, and marketable securities held by our foreign subsidiaries totaled $39.7 million and $31.5 million as of June 30, 2015 and December 31, 2014. We do not intend, nor do we foresee a need, to repatriate these funds or other assets held outside the U.S. In the future, should we require more capital to fund discretionary activities in the U.S. than is generated by our domestic operations and is available through our borrowings, we could elect to repatriate cash or other assets from foreign jurisdictions that have previously been considered to be indefinitely reinvested.

We believe available financing sources, including cash generated by operating activities and borrowings under the Amended Credit Agreement, will be sufficient to fund our working capital needs, capital expenditures, long-term strategic growth, payments under long-term debt and lease arrangements, payments of quarterly cash dividends, share repurchases and other cash requirements. While we believe that we will have the ability to meet our financing needs in the foreseeable future, changes in economic conditions may impact (i) the ability of financial institutions to meet their contractual commitments to us, (ii) the ability of our customers and suppliers to meet their obligations to us or (iii) our cost of borrowing.

Recent Accounting Pronouncements

For a discussion of recent accounting pronouncements, see Note 17 in the Notes to Consolidated Financial Statements, included in this Quarterly Report on Form 10-Q for the quarterly period ended on June 30, 2015.

Forward-looking Statements

Certain statements in this discussion constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Although we believe our expectations with respect to the forward-looking statements are based upon reasonable assumptions within the bounds of our knowledge of our business and operations, all forward-looking statements involve risks and uncertainties and, as a result, actual results could differ materially from those projected, anticipated or implied by these statements. Such forward-looking statements involve known and unknown risks, including, but not limited to:

• competitive pressures in the marketplace, including intense pricing pressure;

28

• our ability to retain existing and attract new customers in a market characterized by significant customer consolidation and intense cost-containment initiatives;

• our dependence on sales to certain customers or the loss or material reduction in purchases by key customers;

• our dependence on distribution of product of certain suppliers;

• our ability to successfully identify, manage or integrate acquisitions;

• our ability to successfully manage our international operations, including risks associated with changes in international trade regulations, foreign currency volatility, changes in regulatory conditions, deteriorating economic conditions, adverse tax consequences, and other risks of operating in international markets;

• uncertainties related to and our ability to adapt to changes in government regulations, including healthcare laws and regulations (including the Affordable Care Act);

• risks arising from possible violations of legal, regulatory or licensing requirements of the markets in which we operate;

• uncertainties related to general economic, regulatory and business conditions;

• our ability to successfully implement our strategic initiatives;

• the availability of and modifications to existing supplier funding programs and our ability to meet the terms to qualify for certain of these programs;

• our ability to adapt to changes in product pricing and other terms of purchase by suppliers of product;

• the ability of customers and suppliers to meet financial commitments due to us;

• changes in manufacturer preferences between direct sales and wholesale distribution;

• changing trends in customer profiles and ordering patterns and our ability to meet customer demand for additional value-added services;

• our ability to manage operating expenses and improve operational efficiencies in response to changing customer profiles;

• our ability to meet performance targets specified by customer contracts under contractual commitments;

• availability of and our ability to access special inventory buying opportunities;

• the ability of business partners and financial institutions to perform their contractual responsibilities;

• the effect of price volatility in the commodities markets, including fuel price fluctuations, on our operating costs and supplier product prices;

• our ability to continue to obtain financing at reasonable rates and to manage financing costs and interest rate risk;

• the risk that information systems are interrupted or damaged or fail for any extended period of time, that new information systems are not successfully implemented or integrated, or that there is a data security breach in our information systems;

• the risk that a decline in business volume or profitability could result in an impairment of goodwill or other long-lived assets;

• our ability to timely or adequately respond to technological advances in the medical supply industry;

• the costs associated with and outcome of outstanding and any future litigation, including product and professional liability claims;

• adverse changes in U.S. and foreign tax laws and the outcome of outstanding tax contingencies and legislative and tax proposals; and

• other factors described in “Item 1A. Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2014.

We undertake no obligation to update or revise any forward-looking statements, except as required by applicable law.

29

Item 3. Quantitative and Qualitative Disclosures About Market Risk

We are exposed to market risk from changes in interest rates related to our revolving credit facility. We had no outstanding borrowings and approximately $5 million in letters of credit under the revolving credit facility at June 30, 2015. A hypothetical increase in interest rates of 100 basis points would result in a potential reduction in future pre-tax earnings of approximately $0.1 million per year for every $10 million of outstanding borrowings under the revolving credit facility.

Due to the nature and pricing of our Domestic segment distribution services, we are exposed to potential volatility in fuel prices. Our strategies for helping to mitigate our exposure to changing domestic fuel prices has included entering into leases for trucks with improved fuel efficiency and entering into fixed–price agreements for diesel fuel. We benchmark our domestic diesel fuel purchase prices against the U.S. Weekly Retail On-Highway Diesel Prices (benchmark) as quoted by the U.S. Energy Information Administration. The benchmark averaged $2.88 per gallon in the first six months of 2015, a decrease from $3.94 per gallon in the first six months of 2014. Based on our fuel consumption in the first six months of 2015, we estimate that every 10 cents per gallon increase in the benchmark would reduce our Domestic segment operating earnings by approximately $0.3 million on an annualized basis.

In the normal course of business, we are exposed to foreign currency translation and transaction risks. Our business transactions outside of the United States are primarily denominated in the Euro and British Pound. We may use foreign currency forwards, swaps and options, where possible, to manage our risk related to certain foreign currency fluctuations. However, we believe that our foreign currency transaction risks are low since our revenues and expenses are typically denominated in the same currency.

Item 4. Controls and Procedures

We carried out an evaluation, with the participation of management, including our principal executive officer and principal financial officer, of the effectiveness of our disclosure controls and procedures (pursuant to Rule 13a-15(e) under the Securities Exchange Act of 1934, as amended) as of the end of the period covered by this report. Based upon that evaluation, the principal executive officer and principal financial officer concluded that our disclosure controls and procedures were effective as of June 30, 2015. There has been no change in our internal control over financial reporting during the quarter ended June 30, 2015, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

SEC guidance permits the exclusion of an evaluation of the effectiveness of a registrant's disclosure controls and procedures as they relate to the internal control over financial reporting for an acquired business during the first year following such acquisition. In the fourth quarter of 2014, we acquired Medical Action and ArcRoyal. These acquisitions represented $323 million of total assets and $95.2 million of net revenues as of and for the six months ended June 30, 2015. Management's evaluation and conclusion as to the effectiveness of the design and operation of the Company's disclosure controls and procedures as of and for the period covered by this report excludes any evaluation of the internal control over financial reporting of these acquisitions.

Part II. Other Information

Item 1. Legal Proceedings

Certain legal proceedings pending against us are described in our Annual Report on Form 10-K for the year ended December 31, 2014. Through June 30, 2015, there have been no material developments in any legal proceedings reported in such Annual Report.

Item 1A. Risk Factors

Certain risk factors that we believe could affect our business and prospects are described in our Annual Report on Form 10-K for the year ended December 31, 2014. Through June 30, 2015, there have been no material changes in the risk factors described in such Annual Report.

30

Item 2. Unregistered Sales of Equity Securities, Use of Proceeds and Issuer Purchases of Equity Securities

In February 2014, our Board of Directors authorized a share repurchase program of up to $100 million of our outstanding common stock to be executed at the discretion of management over a three-year period, expiring in February 2017. The program is intended, in part, to offset shares issued in conjunction with our stock incentive plan and return capital to shareholders. The program may be suspended or discontinued at any time. Purchases under the share repurchase program are made either pursuant to 10b5-1 plans entered into by the company from time to time and/or during the company’s scheduled quarterly trading windows for officers and directors. For the three months ended June 30, 2015, we repurchased in open-market transactions and retired 220 thousand shares of our common stock for an aggregate of $7.4 million, or an average price per share of $33.82. The following table summarizes share repurchase activity by month during the three months ended June 30, 2015.

Period	Total number of shares purchased	Average price paid per share		Total number of shares purchased as part of a publicly announced program	Maximum dollar value of shares that may yet be purchased under the program
April 2015	10,000	$	34.12	10,000	$	89,658,675
May 2015	100,000	$	33.74	100,000	$	86,282,178
June 2015	110,000	$	33.82	110,000	$	82,560,246
Total	220,000			220,000

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

		Owens & Minor, Inc.
		(Registrant)
Date:	July 28, 2015	/s/ P. Cody Phipps
		P. Cody Phipps
		President & Chief Executive Officer
Date:	July 28, 2015	/s/ Richard A. Meier
		Richard A. Meier
		Executive Vice President & Chief Financial Officer

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Item 6. Exhibits

(a) Exhibits

10.1	Agreement dated February 14, 2015 Regarding Retirement of James L. Bierman
10.2	Employment Term Sheet effective May 20, 2015 for P. Cody Phipps
10.3	Restricted Stock Grant Agreement dated July 1, 2015 between the Company and P. Cody Phipps
10.4	Owens & Minor, Inc. Officer Severance Policy
10.5	Amended Form of Annual Executive Incentive Program
10.6	Form of Director Restricted Stock Grant Agreement under Owens & Minor, Inc. 2015 Stock Incentive Plan
10.7	Form of Officer Restricted Stock Grant Agreement under Owens & Minor, Inc. 2015 Stock Incentive Plan
10.8	Form of Performance Share Award Agreement under Owens & Minor, Inc. 2015 Stock Incentive Plan
31.1	Certification of Chief Executive Officer pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2	Certification of Chief Financial Officer pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1	Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2	Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	XBRL Taxonomy Definition Linkbase Document
101.LAB	XBRL Taxonomy Extension Label Linkbase Document
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document

33

EX-10.1

Exhibit 10.1 February 14, 2015 James L. Bierman [Address] Re: Transition Services Dear Jim: This letter confirms our understanding with respect to certain details relating to your anticipated retirement. Owens & Minor agrees to continue to employ you at least through December 31, 2015, even if your successor comes on board sooner. In the event a new Chief Executive Officer is appointed before December 31, 2015, you agree to work with your successor to define your role and responsibilities, if any, until you leave the Company’s employ. You will be eligible for any payout under our 2015 cash incentive program and you will receive any shares that may be issued under the terms of your February 2014 performance share award. You will also be eligible to receive a pro rata portion of any shares that may be issued under the terms of your February 2015 performance share award with respect to your service during 2015. You will receive all of the shares that may be issued under the terms of your September 2014 performance share award in common shares not subject to vesting. In addition, all of your restricted shares will continue to vest until they are fully vested and any shares you receive pursuant to your February 2014 and February 2015 performance share awards will not be restricted, unless your retirement date occurs after the earned shares are issued as restricted stock, in which case, such shares would continue to vest until they are fully vested. You will be subject to the provisions of the attached Post-Retirement Service Agreement being executed with this letter. This letter also confirms that you have achieved the minimum early retirement age for purposes of the SERP, your restricted share awards and your performance share awards. Accordingly, you have vested in the SERP and will receive payments upon your departure in accordance with its terms.

February 14, 2015 Page -2- This letter is intended to be binding and enforceable. Please sign and return one copy of this letter to me and retain a copy for your files. We sincerely appreciate your service to Owens & Minor and are pleased to confirm these arrangements. Sincerely, /s/: Grace R. den Hartog Grace R. den Hartog SVP, General Counsel & Corporate Secretary Enclosure cc: Craig R. Smith Anne Marie Whittemore Agreed and accepted: /s/:James L. Bierman Date: 2/14/15

Page 1 of 4 Post-Retirement Service Agreement – Confidential POST-RETIREMENT SERVICE AGREEMENT This POST-RETIREMENT SERVICE AGREEMENT (sometimes also called “Agreement” herein) is entered into by and between Owens & Minor, Inc. (which together with its parent and affiliates is referred to as “Company”) and James L. Bierman (“Bierman”), or collectively, “the Parties” to take effect as of the date Bierman retires from the Company (the “Effective Date”). WHEREAS, Bierman is expected to retire from the Company effective December 31, 2015 (“Retirement Date”); and, WHEREAS, the Company issued equity awards to Bierman during his employment that will not have vested as of his Retirement Date, and such equity awards would therefore be subject to forfeiture under the terms of the applicable award agreements. In consideration of Bierman’s agreement to the confidentiality and non-solicitation terms below, and in recognition of his years of service and his contribution to the Company, the Company desires that Bierman’s unvested equity awards would not be forfeited but rather that such awards would continue to vest during the period of this Post-Retirement Service Agreement as provided by the applicable equity award agreements; and, WHEREAS, the Parties desire to enter into this Post-Retirement Service Agreement; NOW, THEREFORE, the Parties agree to this Post-Retirement Service Agreement under the following terms and conditions: 1. Covenant to Maintain Confidentiality. a. Bierman acknowledges that, during his employment with the Company and during the term of this Post-Retirement Service Agreement, he was and may be exposed to information that is confidential to Company (“Confidential Information”). Such Confidential Information includes but is not limited to: trade secrets; financial or investor relations information; sales activity information; accounting information; revenue recognition information; cash-flow information; lists of and other information about current and prospective customers, vendors or suppliers; prices or pricing strategy or information; sales and account records; reports, pricing, sales manuals and training manuals regarding selling, purchasing, and pricing procedures and financing methods of Company, together with any specific and proprietary techniques utilized by Company in designing, developing, testing or marketing its products, product mix and supplier information or in performing services for clients, customers and accounts of Company; information concerning existing or contemplated software, products, services, technology, designs, processes and research or product developments of the Company; and, any other information of a similar nature made available to Bierman and not known to the public, which, if misused or disclosed, could adversely affect the business of Company. Confidential information includes any such information that Bierman may have prepared or created during his employment with the Company, as well as such information that has been or may be created or prepared by others.

Page 2 of 4 Post-Retirement Service Agreement – Confidential b. Bierman agrees that for as long as such information remains confidential to Company, including after the term of this Post-Retirement Service Agreement, Bierman will not disclose any Confidential Information to any person, agency, institution, company, or other entity, and he will not use any Confidential Information in any way, except as required by his duties to Company or by law, unless Bierman first obtains written consent of Company’s President or the President’s designee. c. Bierman agrees that his duties and obligations under this Paragraph 2 will continue for as long as such information remains confidential to Company, including after the termination of this Post-Retirement Service Agreement, regardless of the time, manner, or reason that this Post- Retirement Service Agreement is terminated. In the event that Bierman is unsure whether certain information remains confidential, Bierman will send Company a written inquiry about its confidentiality. 2. Covenant Not to Solicit. In this Paragraph 3, Bierman agrees not to take certain actions that would be damaging to Company’s competitive position. By making this commitment, Bierman agrees not to take any such actions either directly or indirectly, either as principal, agent, employee, employer, owner, stockholder (owning more than 10% of a corporation’s shares), partner, or in any other individual or representative capacity whatsoever. a. Covenant Not to Solicit Company Teammates. Bierman agrees that, during the Term of this Post-Retirement Service Agreement, he will not: i. solicit or induce any officer or other teammate of Company to leave his or her employment in order to become an employee, executive or independent contractor for any other person or entity; or, ii. aid or assist any other person, firm, or corporation to do any of the acts described in the previous subsection (i) of this Paragraph 3(a). b. Covenant Not To Solicit. Independent of the foregoing provisions, Bierman agrees that, during the Term of this Post-Retirement Service Agreement, he will not, directly or indirectly, solicit, interfere with, or endeavor to entice away from the Company, any of Company’s customers, supplier partners, or manufacturing partners. 3. Term. This Post-Retirement Service Agreement shall commence on December 31, 2015, or such earlier date as Bierman may leave the Company’s employment, and continue until such time as all of his unvested and outstanding equity awards have vested, if not sooner extended by mutual agreement or terminated as provided in this paragraph (“Term”). a. Upon Bierman’s death, i. any unvested and outstanding equity awards shall immediately and fully vest; and, ii. this Post-Retirement Service Agreement shall terminate.

Page 3 of 4 Post-Retirement Service Agreement – Confidential b. Company shall have the right to terminate this Post-Retirement Service Agreement, at any time and immediately upon delivery of written notice, if Bierman materially violates or breaches any provision of this Post-Retirement Service Agreement, including but not limited to the obligations and covenants set forth in Paragraphs 3 and 4 of this Post-Retirement Service Agreement. 4. Waiver. The failure or delay of any party at any time to demand performance by another party of any provision of this Post-Retirement Service Agreement, even if known, shall not affect the right of such party to require performance of that provision or to exercise any right, power or remedy hereunder. Any waiver by any party of any breach of any provision of this Post-Retirement Service should not be construed as a waiver of any continuing or succeeding breach of such provision, a waiver of the provision itself, or a waiver of any right, power or remedy under this Post-Retirement Service Agreement. 5. Assignment; Amendment. This Post-Retirement Service Agreement may and shall be assigned or transferred to, and shall be binding upon and shall inure to the benefit of, any successor or other assign of the Company. Bierman acknowledges and agrees that he may not assign this Post-Retirement Service Agreement. No amendment or modification of any term of this Post-Retirement Service Agreement shall be effective unless set forth in a writing signed by the parties hereto. 6. Entire Agreement; Acknowledgment of Continuing Applicability of Other Obligations. The promises set forth in this Post-Retirement Service Agreement supersede any prior understanding, agreement, practice or contract, oral or written, between Bierman and Company relating to Bierman’s post-retirement service other than the transition services letter dated February 14, 2015 between Mr. Bierman and the Company. 7. Controlling Law. This Post-Retirement Service Agreement shall be construed and enforced under the laws of the Commonwealth of Virginia, without regard to its conflicts of law principles, and shall be binding upon Bierman.

Page 4 of 4 Post-Retirement Service Agreement – Confidential IN WITNESS WHEREAS, the parties have executed this Post-Retirement Service Agreement as of the Effective Date. Accepted By: JAMES L. BIERMAN OWENS & MINOR, INC. Name: James L. Bierman Name: Grace R. den Hartog Date: 2/14/15 Title: SVP & General Counsel Signature: /s/: James L. Bierman Date: 2/14/15 Signature: /s/: Grace R. den Hartog

EX-10.2

Exhibit 10.2 Grace R. den Hartog Senior Vice President, General Counsel & Corporate Secretary Direct Dial: 804.723.7945 heath.galloway@owens-minor.com May 6, 2015 VIA ELECTRONIC (rsimon@vedderprice.com) AND FIRST CLASS MAIL Paul Cody Phipps c/o Vedder Price P.C. 222 North LaSalle Street Chicago, Illinois 60601 Re: Offer of Employment Dear Cody: I am pleased to extend you an offer of employment to join Owens & Minor as the Company’s President and Chief Executive Officer. The details of this employment offer are set forth in the enclosed Owens & Minor, Inc. Executive Employment Term Sheet. Please note that our offer of employment would not be effective until May 20, 2015, when the Board officially considers your appointment as President and CEO. We ask that you confirm your receipt of this offer and accept the terms of employment by counter signing the Term Sheet and returning it to me on or before Friday, May 8, 2015. Cody, the Board is truly excited to extend you this offer and look forward to your joining the Company. If you have any questions whatsoever, please do not hesitate to contact me. Sincerely, /s/: Grace R. den Hartog Grace R. den Hartog

Page 1 of 4 Owens & Minor, Inc. Executive Employment Term Sheet Set forth herein (the “Term Sheet”) are the management compensation and employment terms by which the undersigned parties agree to abide upon the consummation of the contemplated employment relationship between the parties. The offer of employment under this Term Sheet is conditioned on the satisfactory completion of background and drug screens, as well as an executive-level physical examination completed no earlier than 90 days prior to the commencement of employment (each a “Condition”). Employer For payroll purposes, Owens & Minor Medical, Inc., a wholly owned subsidiary of Owens & Minor, Inc. (collectively “O&M” or the “Company”). Employee Paul Cody Phipps (“Executive”). Position President and Chief Executive Officer of O&M, reporting to the Board of Directors of Owens & Minor, Inc (the “O&M Board”).1 Start Date July 1, 2015. Term The employment relationship will not be subject to any contract or for any defined period, and will be of indefinite duration and terminable at-will, subject to this Term Sheet. Base Salary $900,000.00 (Annual). Base Salary for calendar year 2015 shall be pro- rated to account for the employment Start Date. Annual Bonus Executive shall be eligible for a performance-based annual cash bonus as detailed in the attached 2015 Executive Incentive Plan,2 provided that Executive’s target bonus shall be equal to 125% of annual base salary. Guaranteed payment of full target bonus for calendar year 2015 ($1,125,000.00), with accelerated payment of 50% of 2015 bonus ($562,500.00) within 30 days after commencement of employment. Acceptance Incentive On the Start Date, a special one-time grant of O&M restricted stock award in the amount of $5,000,000,3 which shall vest over five (5) years at the rate of 20% per year beginning on the first anniversary of the commencement of employment, provided, however, that there shall be 100% vesting acceleration upon any termination of Executive’s employment by the Company without Cause, by Executive for Good 1 Executive will be nominated as a director for the O&M Board and nominated, elected and/or appointed, as applicable, to the appropriate boards of directors of O&M entities in accordance with O&M policy and practice commensurate with Executive’s position at the Company. 2 Future annual incentive plans for all executives may be revised by O&M, subject to agreement from the Compensation Committee of the Company’s Board of Directors (the “Compensation Committee”). 3 All stock award values will be based on closing market stock prices as of the date of such award and will be made subject to applicable grant agreements, sample copies of which are attached hereto, as modified to conform with this Term Sheet if required.

Page 2 of 4 Reason (whether before or after a Change in Control), or due to Executive’s death or Disability. For purposes of this Term Sheet, “Cause”, “Disability” and “Good Reason” shall have the meanings set forth under the sample restricted stock agreement attached hereto. Long-Term Incentives On the Start Date, a 2015 annual grant of O&M performance shares in the face amount of $2,000,000 and a 2015 annual grant of O&M restricted stock in the face amount of $2,000,000.4 Long-term Incentives’ grant value for calendar year 2015 shall be pro-rated to account for the employment Start Date. Employee Benefits Eligible to participate in the employee benefits plans made available to senior executives of the Company generally, in accordance with the terms of the applicable plan or program documents. Benefits include, inter alia, health and dental insurance programs; 401(k) retirement plan, executive deferred compensation plan; basic and supplemental life insurance programs; and short-term and long-term disability programs. Executive Medical Eligible for a company-paid, complete executive physical (Annual) and company-paid membership in a medical concierge service (e.g. Partner MD). Vacation Four (4) weeks of paid vacation in the first year of employment, with increases thereafter. Car Allowance Eligible to lease a vehicle for up to, or receive a car allowance of, $1000 (Monthly). Tax, Financial Planning Eligible for a $15,000 (Annual) allowance for tax and financial planning from a firm of Executive’s choice (excluding KPMG). Expenses Company to reimburse all of Executive’s business expenses incurred during employment pursuant to applicable policy. Company to pay Executive’s reasonable professional fees incurred to negotiate and prepare this Term Sheet and all related agreements. Relocation Executive shall be reimbursed for all reasonable expenses incurred by Executive to relocate himself and his family to the vicinity of the Company’s offices in accordance with O&M’s relocation policies and practices applicable to senior executives of the Company. Severance Executive to participate in the Company Officer Severance Policy Terms, except that for any termination by the Company without Cause occurring 4 Performance share metrics for calendar year 2015 shall be the same as those set for other O&M officers, as detailed in the attached 2015 Performance Share Goals and Metrics and applicable performance share agreement. Future annual equity programs for all executives may be revised by O&M, subject to agreement from the Compensation Committee.

Page 3 of 4 on or before the second anniversary of the Start Date (the “Initial Period”), Executive’s severance will not be less than the aggregate of: (i) the sum of 18 months of Executive’s Base Salary and an amount equal to 1.5 times Executive’s Target Bonus payable in monthly installments, plus (ii) a pro-rated bonus for the year of termination based on actual performance results (with any subjective goals deemed satisfied at Target), plus (iii) any unpaid earned completed prior year bonus, plus (iv) 18 months of covered benefits, plus (v) outplacement, tax preparation and financial counseling benefits as provided under the Company Officer Severance Policy Terms.5 Any termination of Executive’s employment with the Company following the expiration of the Initial Period shall be subject to the Company’s executive severance policy existing at the time of such termination, and Executive shall be entitled to severance benefits only in accordance with such policy. Change in Control Executive and the Company shall enter into an executive severance agreement as a Category A officer in form and substance substantially similar (and not less favorable to Executive) to the attached draft Executive Severance Agreement, except that the Company will not give Executive a notice of non-renewal of the term of the executive severance agreement such that said term expires prior to the expiration of the Initial Period. Indemnification; Insurance Executive will be indemnified and held harmless for all acts and omissions to act during employment or service as a member of the Board to the fullest extent permitted under the O&M charter, by-laws and applicable law. At all times during which Executive may be subject to a covered liability, Executive will be included as an insured under any contract of directors and officers liability insurance that covers other members of the Board. Governing Law This Term Sheet shall be governed and construed in accordance with the laws of the Commonwealth of Virginia, without regard to its principles of conflict of laws. By signing below, the parties agree that this Term Sheet is binding on the parties with the employment terms to take effect as of the date that the employment relationship contemplated hereby commences, and is subject to the Conditions. In the event the contemplated employment herein is not consummated by mutual agreement of the parties or Executive’s failure to satisfy any Condition, this Term Sheet shall become null and void and of no effect. SIGNATURE PAGE FOLLOWS 5 All severance payments made or benefits afforded to Executive pursuant to this Term Sheet shall be provided in accordance with applicable laws and regulations applicable to such payments and/or benefits.

Page 4 of 4 Paul Cody Phipps Owens & Minor Medical, Inc. /s/: Paul C. Phipps By: /s/: Grace R. den Hartog Date: May 6, 2015 Name: Grace R. den Hartog Its: Senior Vice President, General Counsel & Corporate Secretary Date: May 6, 2015 Should you accept employment with the Company, you certify your understanding that your employment will be on an at-will basis, subject to the terms of this Term Sheet. As an at-will employee, you will be free to terminate your employment with the Company at any time, with or without cause or advance notice. Likewise, the Company will have the right to terminate your employment at any time, for any legal reason or no reason, and with or without advance notice. This at-will relationship and this Term Sheet can only be modified by a written document signed by a corporate officer and you.

EX-10.3

Exhibit 10.3 OWENS & MINOR, INC. Restricted Stock Agreement THIS AGREEMENT (“Agreement”), dated the 1st day of July 2015, between OWENS & MINOR, INC., a Virginia corporation (the "Company"), and P. Cody Phipps ("Participant"), is made pursuant and subject to the provisions of the Company's 2015 Stock Incentive Plan (the "Plan"). All capitalized terms used herein that are not otherwise defined shall have the same meanings given to them in the Plan. W I T N E S S E T H: 1. Restricted Stock Grant. Pursuant to the provisions of the Plan, on July 1, 2015 (the “Date of Grant”), the Company granted to Participant, subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, a Stock Award of 147,059 shares of Common Stock (the “Restricted Stock”). 2. Terms and Conditions. The shares of Restricted Stock evidenced hereby are subject to the following terms and conditions: (a) Restricted Period. Except as provided in subsection 2(d), this award of Restricted Stock shall vest, and become nonforfeitable as set forth below: Date Shares Vested July 1, 2016 29,411 July 1, 2017 29,412 July 1, 2018 29,412 July 1, 2019 29,412 July 1, 2020 29,412 The period from the date hereof until the applicable shares of Restricted Stock have become vested shall be referred to as the “Restricted Period.” Until expiration of the applicable Restricted Period, the Restricted Stock shall be subject to the following restrictions: (i) Participant shall not be entitled to receive the certificate or certificates evidencing the Restricted Stock; (ii) Shares of Restricted Stock may not be sold, transferred, assigned, pledged, conveyed, hypothecated or otherwise disposed of; and (iii) Shares of Restricted Stock may be forfeited immediately as provided in subsection 2(d) hereof. Notwithstanding the foregoing, Participant shall be entitled to vote the shares of Restricted Stock and receive dividends thereon while the Restricted Stock is outstanding. Any stock dividends or

other shares of Company stock or other property issued in respect of Restricted Stock, including without limitation, shares issued in connection with stock splits and recapitalizations, will be subject to the same restrictions applicable to the Restricted Stock. (b) Custody of Shares of Restricted Stock. Shares of Restricted Stock shall be issued in Participant’s name in book-entry form but shall be held by the Company (or its transfer agent) during the Restricted Period. The Company’s General Counsel & Corporate Secretary shall serve as attorney-in-fact for Participant during the Restricted Period with full power and authority in Participant’s name to assign and convey to the Company any shares of Restricted Stock that Participant forfeits under subsection 2(d) hereof. (c) Distribution of Restricted Stock. If Participant remains in the continuous employment of the Company or an Affiliate during the entire Restricted Period and otherwise does not forfeit such shares pursuant to subsection 2(d) hereof, all restrictions applicable to the shares of Restricted Stock shall lapse upon expiration of the applicable Restricted Period and the shares of Common Stock that were granted to Participant in the form of shares of Restricted Stock shall be delivered to Participant. (d) Lapse of Restrictions or Forfeiture. (i) Death. If Participant’s employment with the Company and its Affiliates is terminated before the expiration of the Restricted Period by reason of Participant’s death, all restrictions applicable to the shares of Restricted Stock shall immediately lapse on the date of Participant’s death and the shares of Common Stock shall be delivered to Participant’s estate. (ii) Disability. If Participant’s employment with the Company and its Affiliates is terminated before the expiration of the Restricted Period by reason of “total and permanent disability” (as such term is defined in Section 22(e)(3) of the Internal Revenue Code of 1986, as amended (the “Code”)), all restrictions applicable to the shares of Restricted Stock shall immediately lapse on the date of Participant’s employment termination and the shares of Common Stock shall be delivered to Participant. (iii) Retirement. If Participant’s employment with the Company and its Affiliates is terminated before the expiration of the Restricted Period by reason of retirement (defined below), all shares of Restricted Stock shall be forfeited immediately and all rights of Participant to such shares shall terminate immediately without further obligation on the part of the Company. Notwithstanding the foregoing, if Participant’s service to the Company or an Affiliate continues from and after the date of retirement through (i) membership on the Board, (ii) a written consulting services arrangement with the Company or an Affiliate or (iii) at the discretion of the Company, a written confidentiality and non-solicitation agreement with the Company (“Post-Retirement Service”), shares of Restricted Stock shall not be forfeited but shall continue to be held by the Company until the earlier of (i) the end of the Restricted Period at which time such shares shall be delivered to the

Participant or (ii) the date Participant ceases to provide Post-Retirement Service at which time such shares shall be forfeited. For purposes of this Section 2(d)(iii), retirement shall mean severance from the employment of the Company and its Affiliates (i) at or after the attainment of age 55 and after completing a number of years of service (the total years of service credited to Participant for purposes of determining vested or nontransferable interest in a defined benefit pension plan maintained by the Company or an Affiliate which satisfies the requirements of Section 401(a) of the Code) that, when added to Participant’s age at the time of severance from employment, equals at least 65 or (ii) at or after the attainment of age 65. (iv) Termination of Employment by Company or Affiliate. (a) With Cause. If the Company or an Affiliate terminates Participant’s employment with the Company and its Affiliates with “cause,” all shares of Restricted Stock shall be forfeited immediately and all rights of Participant to such shares shall terminate immediately without further obligation on the part of the Company. For purposes of this subsection 2(d)(iv)(a), “cause” means: (i) misappropriation, theft or embezzlement of funds or property from the Company or an Affiliate or securing or attempting to secure personally any profit in connection with any transaction entered into on behalf of the Company or an Affiliate, (ii) conviction of, or entry of a plea of “nolo contendere” with respect to, a felony which, in the reasonable opinion of the Company, is likely to cause material harm to the Company’s or an Affiliate’s business, customer or supplier relations, financial condition or prospects, (iii) violation of the Company’s Code of Honor or any successor code of conduct; or (iv) failure to substantially perform (other than by reason of illness or temporary disability, regardless of whether such temporary disability is or becomes a total and permanent disability (as defined in paragraph 2(d)(ii) above), or by reason of approved leave of absence) the duties of Participant’s job. (b) Without Cause. If Participant’s employment with the Company and its Affiliates is terminated by the Company or an Affiliate without “cause” (as defined in subsection 2(d)(iv)(a) above), all restrictions applicable to the shares of Restricted Stock shall immediately lapse on the date of Participant’s employment termination and the shares of Common Stock shall be delivered to Participant. (v) Termination of Employment by Participant for Good Reason. If Participant resigns from employment with the Company and its Affiliates before the expiration of the Restricted Period for “Good Reason” (which shall have the meaning given to such term in the Executive Severance Agreement between Participant and the Company effective July 1, 2015, as such agreement from time to time may be amended, modified, extended or replaced by a successor agreement or plan), all restrictions applicable to the shares of Restricted Stock

shall immediately lapse on the date of Participant’s employment termination and the shares of Common Stock shall be delivered to Participant. (vi) Termination of Employment by Participant. If Participant resigns from employment with the Company and its Affiliates before the expiration of the Restricted Period, other than due to death, disability, retirement or for “Good Reason” as provided in subsections (i), (ii), (iii) and (v) above, all of the shares of Restricted Stock shall be forfeited immediately and all rights of Participant to such shares shall terminate immediately without further obligation on the part of the Company. (vii) Change in Control. (a) If, upon a Change in Control, (i) the Restricted Stock is assumed by, or a substitute award granted by, the surviving entity (together with its Related Entities, the “Surviving Entity”) in the Change in Control (such assumed or substituted award to be of the same type of award as this Restricted Stock with a value as of the Control Change Date substantially equal to the value of this Restricted Stock) and (ii) within 24 months of the Control Change Date, Participant’s employment with the Surviving Entity is terminated by the Surviving Entity without Cause (defined below) or by Participant for Good Reason (defined below), all restrictions applicable to the shares of Restricted Stock shall immediately lapse on the date of employment termination and the shares of Common Stock upon which the restrictions have lapsed shall be delivered to Participant. (b) For purposes of this subsection 2(d)(vii), “Cause” shall mean (i) the willful and continued failure by Participant to substantially perform his or her duties with the Surviving Entity (other than any such failure resulting from Participant’s incapacity due to physical or mental illness) after a written demand for substantial performance is delivered to Participant by the Surviving Entity, which demand specifically identifies the manner in which the Surviving Entity believes that Participant has not substantially performed his or her duties, or (ii) the willful engaging by Participant in conduct which is demonstrably and materially injurious to the Surviving Entity, monetarily or otherwise. For purposes of this paragraph, no act, or failure to act, on Participant’s part shall be deemed "willful" unless done, or omitted to be done, not in good faith and without reasonable belief that the action or omission was in the best interest of the Surviving Entity. (c) For purposes of this subsection 2(d)(vii), “Good Reason” shall have the meaning given to such term in the Executive Severance Agreement between Participant and the Company effective July 1, 2015, as such agreement from time to time may be amended, modified, extended or replaced by a successor agreement or plan.

(d) If, upon a Change in Control, the Restricted Stock is not assumed by, or a substitute award granted by, the Surviving Entity in the Change in Control as provided in subsection 2(d)(vii)(a) above, all restrictions applicable to the shares of Restricted Stock shall immediately lapse on the Control Change Date and the shares of Common Stock upon which the restrictions have lapsed shall be delivered to Participant. 3. Recoupment Policy. Notwithstanding any other provision in this Agreement to the contrary, the Stock Award and underlying Restricted Stock granted under this Agreement are subject to recoupment by the Company in accordance with the Company’s Policy on Recoupment of Executive Incentive Compensation in effect on the date of this Agreement, as such policy is interpreted and applied by the Company’s board of directors. 4. Governing Law. This Agreement shall be governed by the laws of the Commonwealth of Virginia. 5. No Right to Continued Employment. The grant of Restricted Stock hereunder does not confer upon Participant any right with respect to continuance of employment by the Company or an Affiliate, nor shall it interfere in any way with the right of the Company or an Affiliate to terminate his employment at any time. 6. Change in Capital Structure. The terms of this award shall be adjusted as the Committee determines is equitably required in the event the Company effects one or more stock dividends, stock split-ups, subdivisions or consolidations of shares or other similar changes in capitalization. 7. Conflicts. In the event of any conflict between the provisions of the Plan as in effect on the date hereof and the provisions of this Agreement, the provisions of the Plan shall govern. All references herein to the Plan shall mean the Plan as in effect on the date hereof. 8. Participant Bound by Plan. Participant hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions thereof. 9. Binding Effect. Subject to the limitations stated above and in the Plan, this Agreement shall be binding upon and inure to the benefit of the legatees, distributees and personal representatives of Participant and the successors of the Company.

IN WITNESS WHEREOF, OWENS & MINOR, INC. has caused this Agreement to be signed by a duly authorized officer and Participant has affixed his or her signature hereto. OWENS & MINOR, INC. By: /s/: Grace R. den Hartog Senior Vice President, General Counsel & Coporate Secretary PARTICIPANT /s/: P. Cody Phipps Name: P. Cody Phipps

EX-10.4

Exhibit 10.4 Owens & Minor, Inc. Officer Severance Policy Organizational or Functional Area(s): Corporate Officers Policy For: Officer Severance Sponsor: The Compensation & Benefits Committee of the Board of Directors

2 1.0 Approval, Review and Revision History Version Description of Revision Stakeholder/ Reviewer Date Title Original Policy Adopted 2005

3 2.0 Purpose The purpose of the policy is to have a formal executive severance policy in lieu of the Company’s general severance policy for Corporate Officers that provides more appropriate and competitive levels of severance where the officer’s employment is involuntarily terminated without Cause or the officer resigns at the request of the Company. 3.0 Applicability and Scope This policy applies to Corporate Officers whose employment is involuntarily terminated by the Company without Cause or who resign at the request of the Company. Furthermore, this policy is intended to cover cash severance based on salary and bonus of the Corporate Officer. The vesting or forfeiture of outstanding equity grants of the Corporate Officer is determined based on the applicable equity grant agreement between the Company and the Corporate Officer. In addition, severance benefits to Corporate Officers following a “change in control” of the Company are covered by separate severance agreements entered into between the Company and the Corporate Officers and are not intended to be covered or determined by this policy. 4.0 Definitions Affiliate Affiliate means, with respect to the applicable person or entity, any person or entity that directly or indirectly through one or more intermediaries, controls, is controlled by or is under common control with the applicable entity or person. Base Salary Base salary means the annual base salary of the Corporate Officer as of the date of involuntary termination without Cause or resignation at the request of the Company. Bonus Bonus means the amount of cash incentive paid to the Corporate Officer under the Company’s annual incentive program for the applicable year. Cause Cause means one or more of the following by a Corporate Officer: (i) misappropriation, theft or embezzlement of funds or property from the Company or an Affiliate or securing or attempting to secure personally any profit in connection with any transaction entered into on behalf of the Company or an Affiliate, (ii) conviction of, or entry of a plea of “nolo contendere” with respect to, a felony, or a misdemeanor which, in the reasonable opinion of the Company, is likely to cause material harm to the Company’s or an Affiliate’s business, customer or supplier relations, financial condition or prospects, (iii) violation of the Company’s Code of Honor or any successor code of conduct or refusal to sign an acknowledgement to abide by the same; (iv) violation of any material law or regulation to

4 the detriment of the Company or any Affiliate; (v) engagement in conduct that results in or would be reasonably likely to result in material injury to the reputation of the Company or any Affiliate if the Corporate Officer were to continue to be employed by the Company; or (vi) failure to substantially perform (other than by reason of illness or temporary disability, regardless of whether such temporary disability is or becomes a total and permanent disability (as defined in Section 22(e)(3) of the Internal Revenue Code of 1986, as amended), or by reason of approved leave of absence) the duties of the officer’s job. Company The Company means Owens & Minor, Inc. Corporate Officers The Corporate Officers include the following officer positions in the Company: Chief Executive Officer President Chief Operating Officer Executive Vice President Senior Vice President Vice President Severance Event Severance Event means the involuntary termination without Cause of the Corporate Officer by the Company or the Corporate Officer’s resignation from the Company at the request of the Company. Severance Period Severance Period means the applicable period of time set forth in the table in Section 5.0 below for the Corporate Officer. Target Bonus Target Bonus means the target cash incentive compensation for the Corporate Officer under the Company’s annual incentive program for the applicable year. 5.0 Policy Statements Upon the occurrence of a Severance Event for a Corporate Officer, subject to the other terms and conditions set forth herein, the Company shall make a severance payment to such Corporate Officer as shown in the following table: Officer Position Severance Amount Severance Period CEO President Chief Operating Officer Executive Vice President Senior Vice President 1.5 x the sum of: • Base Salary • The lower of average Bonus paid or Target Bonus for the three calendar years prior to date of 18 months

5 employment termination Vice President 1.0 x the sum of: • Base Salary • The lower of average Bonus paid or Target Bonus for the three calendar years prior to date of employment termination 12 months Other Benefits. In addition to the severance payment and subject to the other terms and conditions set forth herein, a Corporate Officer will receive the following upon the occurrence of a Severance Event: • Continued medical/dental/vision benefits under the Company’s standard plans and programs for active full-time employees during the applicable Severance Period (i.e., benefits are continued through end of last month of severance under the same terms offered to active full-time employees) or until alternate employment begins • Outplacement services provided by the Company for up to six months following date of termination • Tax preparation and financial counseling services consistent with allowance during employment provided for the applicable Severance Period or until alternate employment begins This policy does not provide for any additional age, pay or service credit benefits under any retirement plans or programs of the Company. Conditions to Receipt of Severance Benefits. As a condition to receiving any of the severance benefits described in this policy, the Corporate Officer must enter into the following agreements with the Company (in form reasonably acceptable to the Company): • a non-compete, non-solicitation (employees and customers), non-disparagement and non-interference agreement for the benefit of the Company and its Affiliates that will apply during the Severance Period • a confidentiality agreement with respect to the Company’s and its Affiliates’ information will apply for an indefinite period • a general release of claims against the Company and its Affiliates arising out of employment Violation of any one of the above-referenced agreements will cause cessation of further severance benefits and require reimbursement of severance amounts paid or benefits provided by the Company.

6 6.0 Standards and Procedures The General Counsel and Senior Vice President of Human Resources shall make all determinations as to the eligibility of a Corporate Officer for severance benefits under this policy and shall be responsible for preparing and approving all documentation relative to the conditions underlying the receipt of severance benefits (including but not limited to agreements of the Corporate Officer on non-competition, non-solicitation, non- disparagement, non-interference, confidentiality and release of claims against the Company and its Affiliates). In the event either the General Counsel or Senior Vice President of Human Resources is the officer whose eligibility for severance benefits under this policy is being evaluated, the one whose eligibility is not being evaluated together with the Chief Executive Officer of the Company shall make the determination of eligibility and satisfaction of conditions. In the event of any question on interpretation of this policy that cannot be resolved by the General Counsel and Senior Vice President of Human Resources, the Chairman of the Compensation & Benefits Committee shall have final discretionary authority to interpret and construe the provisions of this policy. Subject to all conditions being met, severance payments will be made in a cash lump sum within 30 days after the termination date of the Corporate Officer’s employment with the Company; provided that payment will be delayed for six months if the payment is deemed deferred compensation subject to Internal Revenue Code Section 409A and the officer is then a “specified employee” as defined in Section 409A. It is the intent of the Company that any payment under this policy shall, to the extent subject to Section 409A of the Internal Revenue Code, be paid in compliance with Section 409A and the treasury regulations thereunder such that there will be no adverse tax consequences, interest or penalties as a result of the payments. However, in the event that the amounts payable or paid under this policy are subject to any taxes, penalties or interest under Section 409A, the Corporate Officer shall be solely liable for the payment of any such taxes, penalties or interest. 7.0 Accountability The General Counsel and the Senior Vice President of Human Resources shall be responsible for the execution and enforcement of this severance policy. 8.0 Monitoring Activities Subject to the provisions of Section 6.0 above, the General Counsel and Senior Vice President of Human Resources shall review and approve the payment of severance under this policy to any Corporate Officer to ensure that the policy is being applied correctly and consistently and that all conditions to receipt of the benefits under this policy have been met and continue to be met. The General Counsel and Senior Vice President of Human Resources shall prepare and approve the documentation relative to the Corporate Officer’s agreement with the Company on non-competition, non- solicitation, non-interference, confidentiality and release of claims.

7 9.0 Review Cycle This policy may be reviewed and revised at any time by the Compensation & Benefits Committee of the Board of Directors in consultation with the General Counsel and the Senior Vice President of Human Resources and shall be reviewed for potential revision approximately every three years. 10.0 Effective Date This policy is effective August 1, 2015.

EX-10.5

1 Exhibit 10.5 OWENS & MINOR, INC. 20__ EXECUTIVE INCENTIVE PROGRAM 1. PURPOSE The purpose of the Owens & Minor, Inc. 20__ Executive Incentive Program (the “Program”) is to permit Owens & Minor, Inc. and its Subsidiaries (the “Company”) to provide awards of annual incentive compensation which satisfy the requirements for “performance-based compensation” under Section 162(m) of the Internal Revenue Code. This Program evidences the terms and conditions of “Incentive Awards” granted under and pursuant to the terms of the Owens & Minor, Inc. 2005 Stock Incentive Plan and/or any prior and successor stock plans adopted or assumed by the Company (“Stock Plan”). This Program and the Awards granted hereunder shall be administered in accordance with the terms of the Stock Plan. 2. DEFINITIONS "20__ COMPANY ADJUSTED DILUTED EPS" shall mean, for the Performance Period, the Company's net income per diluted common share as presented in the Company's consolidated audited income statement for the Performance Period, adjusted to eliminate or exclude the after-tax effects of unusual or non-recurring items, including but not limited to, the effect of accounting and/or tax changes; tangible and intangible asset impairment charges; fees, expenses and charges associated with debt and/or equity financing transactions,, merger and acquisition activity (including the purchase or sale of a business unit or its assets) and exit and realignment activities; gains/losses from asset sales not made in the ordinary course of business; retirement plan gains/losses; and gains/losses or charges associated with material litigation, regulatory, tax or insurance settlements. Adjustments to the Company’s net income per diluted common share for purposes of determining any Award earned hereunder shall be taken into account only to the extent that they are separately identified or quantified in the Company’s consolidated audited financial statements, the notes to the consolidated financial statements, “Management’s Discussion and Analysis” in the Company’s 20__ Annual Report on Form 10-K or in other Company filings with the Securities and Exchange Commission. “20__ COMPANY NET REVENUE” shall mean, for the Performance Period, the Company’s Net Revenue as reported in the Company’s consolidated income statement for the Performance Period, adjusted to include (to the extent not already included) any revenue relating to unusual or non-recurring items, including but not limited to, merger and acquisition activity; revenue associated with material litigation or insurance settlements. "AWARD" shall mean an Incentive Award (as defined under the Stock Plan) that entitles the Participant to a cash payment in accordance with, and subject to, the terms of this Program. "BOARD" shall mean the Board of Directors of the Company. "CODE" shall mean the Internal Revenue Code of 1986, as amended. "COMMITTEE" shall mean the Compensation & Benefits Committee of the Board or any subcommittee thereof which meets the requirements of Section 162(m)(4)(C) of the Code. "EXCHANGE ACT" shall mean the Securities Exchange Act of 1934, as amended.

2 "PARTICIPANT" shall mean each individual serving in one of the positions of the Company identified in Annex A hereto. "PERFORMANCE PERIOD" shall mean the Company's 20__ fiscal year. “PERFORMANCE GOAL” shall mean each of 20__ Company Net Revenue, 20__ Company Adjusted Diluted EPS, and the Qualitative Performance Factor. "PROGRAM" shall mean this Owens & Minor, Inc. 20__ Executive Incentive Program, as amended from time to time. “QUALITATIVE PERFORMANCE FACTOR” shall mean, with respect to each Participant, an assessment of his or her job performance based on qualitative measurements such as strength of leadership, goal implementation, strategic focus, overall management skills and other measurements as determined by the Committee in its sole discretion. "STOCK PLAN" shall mean the Owens & Minor, Inc. 2005 Stock Incentive Plan and/or any prior and successor stock plans adopted or assumed by the Company. "SUBSIDIARY" shall mean any entity that is directly or indirectly controlled by the Company or any entity, in which the Company has at least a 50% equity interest. 3. ADMINISTRATION (a) Subject to subsection (b) below, the Program shall be administered by the Compensation Committee, which shall have full authority to interpret and amend the Program, to establish rules and regulations relating to the operation of the Program, to select Participants, to determine the maximum Awards and the amounts of any Awards and to make all determinations and take all other actions necessary or appropriate for the proper administration of the Program. Before any payments are made under the Program, the Committee shall certify in writing the 20__ Performance Goals that have been achieved. The Committee's interpretation of the Program, and all actions taken within the scope of its authority, shall be final and binding on the Company, its stockholders and Participants and their respective successors and assigns. (b) This Program is intended to comply both by its terms and in its operation with Sections 162(m) and other provisions of the Code in order to make it as tax-efficient for the Company as possible. Accordingly, any modifications to the Performance Goals that would increase the amount of any Award shall be made by the Committee prior to March 31, 20__ and the identification of any unusual, non- recurring or discretionary adjustments to the 20__ Performance Goals shall be made by the Committee on or before the last day of the Performance Period. 4. DETERMINATION OF AWARDS (a) Each Participant is hereby granted an Award that, contingent upon achievement of the Performance Goals, will entitle the Participant to receive a cash payment calculated as provided in Annex A hereto. Set forth on Annex A hereto are the following: (i) the goal levels established for each Performance Goal, (ii) the weight attributable to each Performance Goal and (iii) the award opportunity for each Participant. Following the end of the Performance Period, the Committee shall certify any achievement of the Performance Goals as specified herein. Notwithstanding the foregoing, the Committee may make any adjustments in its discretion that would reduce the amount paid for any Award earned hereunder.

3 (b) If 20__ Company Adjusted Diluted EPS is not at least $____ as set forth in Annex A, no payments shall be made under this Program. 5. PAYMENT OF AWARDS Except as provided in the Stock Plan, in the event of a Change in Control (as defined under the Stock Plan), a Participant will receive all or part of the amount payable under an Award, only to the extent that the Committee certifies that the applicable Performance Goals have been achieved. In addition, a Participant will receive the amount payable under an Award only if the Participant is employed on the last day of the Performance Period; provided, however, that the Committee, in its discretion, may determine to make a pro rata payment of an Award for a Participant who is not employed on the last day of the Performance Period in accordance with the Company’s executive severance policy. All Awards earned shall be paid in cash in a lump sum no later than March 15, 20__. 6. RECOUPMENT POLICY Notwithstanding any other provision in this Agreement to the contrary, any Award under this Program is subject to recoupment by the Company in accordance with the Company’s Policy on Recoupment of Executive Incentive Compensation in effect on the date of this Agreement, as such policy is interpreted and applied by the Company’s board of directors. 7. OTHER PROVISIONS (a) Neither the establishment of this Program, nor any action taken hereunder, shall be construed as giving any Participant any right to be retained in the employ of the Company. Nothing contained in this Program shall limit the ability of the Company to make payments or awards to Participants under any other plan, agreement or arrangement. (b) The rights and benefits of a Participant hereunder are personal to the Participant and, except for payments made following a Participant's death, shall not be subject to any voluntary or involuntary alienation, assignment, pledge, transfer, encumbrance, attachment, garnishment or other disposition. (c) Awards under this Program shall not constitute compensation for the purpose of determining participation or benefits under any other plan of the Company unless specifically included as compensation in such plan. (d) The Company shall have the right to deduct from Awards any taxes or other amounts required to be withheld by law. (e) All questions pertaining to the construction, regulation, validity and effect of the provisions of the Program shall be determined in accordance with the laws of the Commonwealth of Virginia without regard to principles of conflict of laws. (f) If any provision of this Program would cause Awards not to constitute "qualified performance- based compensation" under Section 162(m) of the Code, that provision shall be severed from, and shall be deemed not to be a part of, the Program, but the other provisions hereof shall remain in full force and effect. (g) No member of the Committee or the Board, and no officer, employee or agent of the Company shall be liable for any act or action hereunder, whether of commission or omission, taken by any other

4 member, or by any officer, agent, or employee, or, except in circumstances involving bad faith, for anything done or omitted to be done in the administration of the Program. 8. EFFECTIVE DATE The Program shall be effective as of January 1, 20__.

5 Annex A OWENS & MINOR 20__ EXECUTIVE INCENTIVE PROGRAM AWARD OPPORTUNITY Position Cash Target as a Percentage of Base Salary President and CEO 125% Executive Vice President (Grade X2) 75% Senior Vice President (Grade X3) 50% Senior Vice President (Grade X4) 40% Vice President (Grade X5) 35% GOALS AND WEIGHTS Position 20__ Company Net Revenue 20__ Company Adjusted Diluted Earnings Per Share (EPS) 20__ Qualitative Performance Factor* All above positions __% __% __% *As a condition to any award being made, 20__ Company Adjusted Diluted EPS must be at least $____ GOAL LEVELS (1) If a 20__ Performance Goal is achieved at a level between Threshold and Target or Target and Maximum, then the amount of the Award will be determined based on a straight line interpolation of achievement levels between the Threshold and Target or the Target and Maximum, as applicable. Achievement levels of the Qualitative Performance Factor shall be determined for each Participant by the Committee in its sole discretion. As a condition to any award being made, 20__ Company Adjusted Diluted EPS must be at least $____. Achievement Level (1) 20__ Company Net Revenue (thousands) 20__ Company Adjusted Diluted Earnings Per Share (EPS) Qualitative Performance Factor 200% (Maximum) $___________ $____ Based on qualitative assessment of performance by Committee 100% (Target) $___________ $____ Based on qualitative assessment of performance by Committee 25% (Threshold) $___________ $____ Based on qualitative assessment of performance by Committee

EX-10.6

Exhibit 10.6 OWENS & MINOR, INC. Director Restricted Stock Agreement THIS AGREEMENT, dated the ____ day of _____, 20__, between OWENS & MINOR, INC., a Virginia corporation (the "Company"), and ___________________("Participant"), is made pursuant and subject to the provisions of the Company's 2015 Stock Incentive Plan (the "Plan"). All capitalized terms used herein that are not otherwise defined shall have the same meaning given to them in the Plan. W I T N E S S E T H: 1. Restricted Stock Grant. Pursuant to the provisions of the Plan, on ___________, 20__ (the “Date of Grant”), the Company granted to Participant, subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, a Stock Award of ________ shares of Common Stock (the “Restricted Stock”). 2. Terms and conditions. The shares of Restricted Stock evidenced hereby are subject to the following terms and conditions: (a) Restricted Period. Until the first anniversary of the Date of Grant (the “Restricted Period”) or the lapse of restrictions as provided in subsection 2(d) hereof, the Restricted Stock shall be subject to the following restrictions: (i) Participant shall not be entitled to receive the certificate or certificates evidencing the Restricted Stock; and (ii) Shares of Restricted Stock may not be sold, transferred, assigned, pledged, conveyed, hypothecated or otherwise disposed of; and (iii) Shares of Restricted Stock may be forfeited as provided in subsection 2(d) hereof. Notwithstanding the foregoing, Participant shall be entitled to vote the shares of Restricted Stock and receive dividends thereon while the Restricted Stock is outstanding. Any stock dividends or other shares of Company stock or other property issued in respect of Restricted Stock, including without limitation, shares issued in connection with stock splits and recapitalizations, will be subject to the same restrictions applicable to the Restricted Stock. (b) Custody of Shares of Restricted Stock. Certificates representing the shares of Restricted Stock shall be issued in Participant’s name but shall be held by the Company (or its transfer agent) during the Restricted Period. The Company’s Secretary and its General Counsel shall serve as attorney-in-fact for Participant during the Restricted Period with full power and

authority in Participant’s name to assign and convey to the Company any shares of Restricted Stock that Participant forfeits under subsection 2(d) hereof. Each certificate representing shares of Restricted Stock may bear a legend referring to the risk of forfeiture of the shares and stating that such shares are nontransferable until all restrictions have been satisfied and the legend has been removed. (c) Distribution of Restricted Stock. If Participant remains a member of the Board of Directors of the Company during the entire Restricted Period and otherwise does not forfeit such shares pursuant to subsection 2(d) hereof, all restrictions applicable to the shares of Restricted Stock shall lapse upon expiration of the Restricted Period and a certificate or certificates representing the shares of Common Stock that were granted to Participant in the form of shares of Restricted Stock shall be delivered to Participant. (d) Lapse of Restrictions. (i) Death. If Participant’s membership on the Board of Directors of the Company is terminated before the expiration of the Restricted Period by reason of Participant’s death, all restrictions applicable to the shares of Restricted Stock shall immediately lapse on the date of Participant’s death and the certificate or certificates representing the shares of Common Stock shall be transferred in accordance with a beneficiary designation form provided by the Company and signed by the Participant and filed with the Company or, in the absence of such a beneficiary designation form, delivered to Participant’s estate. (ii) Termination of Membership on the Board of Directors of the Company. Except as provided in subsection 2(d)(i) above, if Participant resigns or otherwise ceases to be a member of the Board of Directors of the Company (whether voluntary or involuntary) before the expiration of the Restricted Period, all restrictions on a pro rata number of shares of Restricted Stock shall lapse and any remaining shares shall be forfeited. The “pro rata number” shall be the number of shares of Restricted Stock multiplied by a fraction, the numerator of which is the number of months (including a fractional month) of Participant’s service as a member of the Board of Directors after the Date of Grant and the denominator of which is 12. The certificate or certificates representing the shares of Common Stock upon which the restrictions have lapsed shall be delivered to Participant. (iii) Change in Control. (a) If, upon a Change in Control, (i) the Restricted Stock is assumed by, or a substitute award granted by, the surviving entity (together with its Related Entities, the “Surviving Entity”) in the Change in Control (such assumed or substituted award to be of the same type of award as this Restricted Stock with a value as of the Control Change Date substantially equal to the value of this Restricted Stock) and (ii) Participant is not elected a member of the Surviving Entity’s board of directors as of the Control Change Date (or does not continue to serve as a member of the Surviving Entity’s board of directors for at least 12

consecutive months), all restrictions applicable to the shares of Restricted Stock shall immediately lapse on the Control Change Date (or the date Participant ceases to serve on the Surviving Entity’s board of directors if less than 12 consecutive months) and the certificate or certificates representing the shares of Common Stock upon which the restrictions have lapsed shall be delivered to Participant. (b) If, upon a Change in Control, the Restricted Stock is not assumed by, or a substitute award granted by, the Surviving Entity in the Change in Control as provided in subsection 2(d)(iii)(a) above, all restrictions applicable to the shares of Restricted Stock shall immediately lapse on the Control Change Date and the certificate or certificates representing the shares of Common Stock upon which the restrictions have lapsed shall be delivered to Participant. 3. Governing Law. This Agreement shall be governed by the laws of the Commonwealth of Virginia. 4. Change in Capital Structure. The terms of this award shall be adjusted as the Committee determines is equitably required in the event the Company effects one or more stock dividends, stock split-ups, subdivisions or consolidations of shares or other similar changes in capitalization. 5. Conflicts. In the event of any conflict between the provisions of the Plan as in effect on the date hereof and the provisions of this Agreement, the provisions of the Plan shall govern. All references herein to the Plan shall mean the Plan as in effect on the date hereof. 6. Participant Bound by Plan. Participant hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions thereof. 7. Binding Effect. Subject to the limitations stated above and in the Plan, this Agreement shall be binding upon and inure to the benefit of the legatees, distributees and personal representatives of Participant and the successors of the Company. IN WITNESS WHEREOF, the Company has caused this Agreement to be signed by a duly authorized officer and Participant has affixed his or her signature hereto. OWENS & MINOR, INC. PARTICIPANT By: By: _________________________________ [Name] [Name] [Title]

EX-10.7

Exhibit 10.7 OWENS & MINOR, INC. Restricted Stock Agreement THIS AGREEMENT, dated the __ day of _________, 20__, between OWENS & MINOR, INC., a Virginia corporation (the "Company"), and _____________ ("Participant") is made pursuant and subject to the provisions of the Company's 2015 Stock Incentive Plan (the "Plan"). All capitalized terms used herein that are not otherwise defined shall have the same meaning given to them in the Plan. W I T N E S S E T H: 1. Restricted Stock Grant. Pursuant to the provisions of the Plan, on _________, 20__ (the “Date of Grant”), the Company granted to Participant, subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, a Stock Award of ______ shares of Common Stock (the “Restricted Stock”). 2. Terms and Conditions. The shares of Restricted Stock evidenced hereby are subject to the following terms and conditions: (a) Restricted Period. Until __________, 20__, (the “Restricted Period”) or the lapse of restrictions as provided in subsection 2(d) hereof, the Restricted Stock shall be subject to the following restrictions: (i) Participant shall not be entitled to receive the certificate or certificates evidencing the Restricted Stock; (ii) Shares of Restricted Stock may not be sold, transferred, assigned, pledged, conveyed, hypothecated or otherwise disposed of; and (iii) Shares of Restricted Stock may be forfeited immediately as provided in subsection 2(d) hereof. Notwithstanding the foregoing, Participant shall be entitled to vote the shares of Restricted Stock and receive dividends thereon while the Restricted Stock is outstanding. Any stock dividends or other shares of Company stock or other property issued in respect of Restricted Stock, including without limitation, shares issued in connection with stock splits and recapitalizations, will be subject to the same restrictions applicable to the Restricted Stock. (b) Custody of Shares of Restricted Stock. Certificates representing the shares of Restricted Stock shall be issued in Participant’s name but shall be held by the Company (or its transfer agent) during the Restricted Period. The Company’s Secretary and its General Counsel shall serve as attorney-in-fact for Participant during the Restricted Period with full power and authority in Participant’s name to assign and convey to the Company any shares of Restricted Stock that Participant forfeits under subsection 2(d) hereof. Each certificate representing shares

of Restricted Stock may bear a legend referring to the risk of forfeiture of the shares and stating that such shares are nontransferable until all restrictions have been satisfied and the legend has been removed. (c) Distribution of Restricted Stock. If Participant remains in the continuous employment of the Company or an Affiliate during the entire Restricted Period and otherwise does not forfeit such shares pursuant to subsection 2(d) hereof, all restrictions applicable to the shares of Restricted Stock shall lapse upon expiration of the Restricted Period and a certificate or certificates representing the shares of Common Stock that were granted to Participant in the form of shares of Restricted Stock shall be delivered to Participant. (d) Lapse of Restrictions or Forfeiture. (i) Death. If Participant’s employment with the Company and its Affiliates is terminated before the expiration of the Restricted Period by reason of Participant’s death, all restrictions applicable to the shares of Restricted Stock shall immediately lapse on the date of Participant’s death and the certificate or certificates representing the shares of Common Stock shall be delivered to Participant’s estate. (ii) Disability. If Participant’s employment with the Company and its Affiliates is terminated before the expiration of the Restricted Period by reason of “total and permanent disability” (as such term is defined in Section 22(e)(3) of the Internal Revenue Code of 1986, as amended (the “Code”)), all restrictions on a pro rata number of shares of Restricted Stock shall lapse. The “pro rata number” shall be the number of shares of Restricted Stock multiplied by a fraction, the numerator of which is the number of months (including a fractional month) of Participant’s employment after the Date of Grant and the denominator of which is 36. The certificate or certificates representing the shares of Common Stock upon which the restrictions have lapsed shall be delivered to Participant. (iii) Retirement. If Participant’s employment with the Company and its Affiliates is terminated before the expiration of the Restricted Period by reason of retirement (defined below), all shares of Restricted Stock shall be forfeited immediately and all rights of Participant to such shares shall terminate immediately without further obligation on the part of the Company. Notwithstanding the foregoing, if Participant’s service to the Company or an Affiliate continues from and after the date of retirement through (i) membership on the Board, (ii) a written consulting services arrangement with the Company or an Affiliate or (iii) at the discretion of the Company, a written confidentiality and non-solicitation agreement with the Company (“Post-Retirement Service”), shares of Restricted Stock shall not be forfeited but shall continue to be held by the Company until the earlier of (i) the end of the Restricted Period at which time such shares shall be delivered to the Participant or (ii) the date Participant ceases to provide Post-Retirement Service at which time such shares shall be forfeited. For purposes of this Section 2(d)(iii), retirement shall mean severance from the employment of the Company and its

Affiliates (i) at or after the attainment of age 55 and after completing a number of years of service (the total years of service credited to Participant for purposes of determining vested or nontransferable interest in a defined benefit pension plan maintained by the Company or an Affiliate which satisfies the requirements of Section 401(a) of the Code) that, when added to Participant’s age at the time of severance from employment, equals at least 65 or (ii) at or after the attainment of age 65. (iv) Termination of Employment by Company or Affiliate. (a) With Cause. If the Company or an Affiliate terminates Participant’s employment with the Company and its Affiliates with “cause,” all shares of Restricted Stock shall be forfeited immediately and all rights of Participant to such shares shall terminate immediately without further obligation on the part of the Company. For purposes of this Agreement, “cause” means: (i) misappropriation, theft or embezzlement of funds or property from the Company or an Affiliate or securing or attempting to secure personally any profit in connection with any transaction entered into on behalf of the Company or an Affiliate, (ii) conviction of, or entry of a plea of “nolo contendere” with respect to, a felony which, in the reasonable opinion of the Company, is likely to cause material harm to the Company’s or an Affiliate’s business, customer or supplier relations, financial condition or prospects, (iii) violation of the Company’s Code of Honor or any successor code of conduct; or (iv) failure to substantially perform (other than by reason of illness or temporary disability, regardless of whether such temporary disability is or becomes a total and permanent disability (as defined in paragraph 2(d)(ii) above), or by reason of approved leave of absence) the duties of Participant’s job. (b) Without Cause. If Participant’s employment with the Company and its Affiliates is terminated by the Company or an Affiliate without “cause,” all restrictions on a pro rata number of shares of Restricted Stock shall lapse. The “pro rata number” shall be the number of shares of Restricted Stock multiplied by a fraction, the numerator of which is the number of months (including a fractional month) of Participant’s employment after the Date of Grant and denominator of which is 36. The certificate or certificates representing the shares of Common Stock upon which the restrictions have lapsed shall be delivered to Participant. (v) Termination of Employment by Participant. If Participant resigns from employment with the Company and its Affiliates before the expiration of the Restricted Period, without regard to the reason for such resignation (other than death, disability or retirement as provided in subsections (i), (ii) and (iii) above), all of the shares of Restricted Stock shall be forfeited immediately and all rights of Participant to such shares shall terminate immediately without further obligation on the part of the Company.

(vi) Change in Control. (a) If, upon a Change in Control, (i) the Restricted Stock is assumed by, or a substitute award granted by, the surviving entity (together with its Related Entities, the “Surviving Entity”) in the Change in Control (such assumed or substituted award to be of the same type of award as this Restricted Stock with a value as of the Control Change Date substantially equal to the value of this Restricted Stock) and (ii) within 24 months of the Control Change Date, Participant’s employment with the Surviving Entity is terminated by the Surviving Entity without Cause (defined below) or by Participant for Good Reason (defined below), all restrictions applicable to the shares of Restricted Stock shall immediately lapse on the date of employment termination and the certificate or certificates representing the shares of Common Stock upon which the restrictions have lapsed shall be delivered to Participant. (b) For purposes of this subsection 2(d)(vi), “Cause” shall mean (i) the willful and continued failure by Participant to substantially perform his or her duties with the Surviving Entity (other than any such failure resulting from Participant’s incapacity due to physical or mental illness) after a written demand for substantial performance is delivered to Participant by the Surviving Entity, which demand specifically identifies the manner in which the Surviving Entity believes that Participant has not substantially performed his or her duties, or (ii) the willful engaging by Participant in conduct which is demonstrably and materially injurious to the Surviving Entity, monetarily or otherwise. For purposes of this paragraph, no act, or failure to act, on Participant’s part shall be deemed "willful" unless done, or omitted to be done, not in good faith and without reasonable belief that the action or omission was in the best interest of the Surviving Entity. (c) For purposes of this Section 2(d)(vi), “Good Reason” shall have the meaning given to such term in the Executive Severance Agreement between Participant and the Company effective July 1, 2015, as such agreement from time to time may be amended, modified, extended or replaced by a successor agreement or plan. (d) If, upon a Change in Control, the Restricted Stock is not assumed by, or a substitute award granted by, the Surviving Entity in the Change in Control as provided in subsection 2(d)(vi)(a) above, all restrictions applicable to the shares of Restricted Stock shall immediately lapse on the Control Change Date and the certificate or certificates representing the shares of Common Stock upon which the restrictions have lapsed shall be delivered to Participant. 3. Recoupment Policy. Notwithstanding any other provision in this Agreement to the contrary, the Stock Award and underlying Restricted Stock granted under this Agreement are subject to recoupment by the Company in accordance with the Company’s Policy on Recoupment

of Executive Incentive Compensation in effect on the date of this Agreement, as such policy is interpreted and applied by the Company’s board of directors. 4. Governing Law. This Agreement shall be governed by the laws of the Commonwealth of Virginia. 5. No Right to Continued Employment. The grant of Restricted Stock hereunder does not confer upon Participant any right with respect to continuance of employment by the Company or an Affiliate, nor shall it interfere in any way with the right of the Company or an Affiliate to terminate his employment at any time. 6. Change in Capital Structure. The terms of this award shall be adjusted as the Committee determines is equitably required in the event the Company effects one or more stock dividends, stock split-ups, subdivisions or consolidations of shares or other similar changes in capitalization. 7. Conflicts. In the event of any conflict between the provisions of the Plan as in effect on the date hereof and the provisions of this Agreement, the provisions of the Plan shall govern. All references herein to the Plan shall mean the Plan as in effect on the date hereof. 8. Participant Bound by Plan. Participant hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions thereof. 9. Binding Effect. Subject to the limitations stated above and in the Plan, this Agreement shall be binding upon and inure to the benefit of the legatees, distributees and personal representatives of Participant and the successors of the Company.

IN WITNESS WHEREOF, the Company has caused this Agreement to be signed by a duly authorized officer and Participant has affixed his or her signature hereto. OWENS & MINOR, INC. By: PARTICIPANT ____________________________________ Name:______________________________ 26333.000083 RICHMOND 1439057v2

EX-10.8

1 Exhibit 10.8 OWENS & MINOR, INC. PERFORMANCE SHARE AWARD AGREEMENT THIS PERFORMANCE SHARE AWARD AGREEMENT (“Agreement”) dated as of _________, 20__ between Owens & Minor, Inc., a Virginia corporation (the “Company”), and _______________ (“Participant”) is made pursuant to and subject to the provisions of the Company's 2015 Stock Incentive Plan (the “Plan”). All capitalized terms used in this Agreement that are not otherwise defined shall have the same meanings given to them in the Plan. 1. Grant of Performance Share Award. In accordance with the Plan, on ______, 20__ (the “Date of Grant”), the Company granted to the Participant, subject to the terms and conditions of the Plan and the terms and conditions set forth in this Agreement, _______ Performance Shares, subject to adjustment as provided in Section 2 (the “Performance Shares”). The Participant will earn the Performance Shares to the extent that the requirements of Section 2 are satisfied. The Company will issue shares of Common Stock in accordance with Section 3 in settlement of the Performance Shares, if any, that the Participant earns in accordance with Section 2, which shares of Common Stock (the “Restricted Stock”) will be further subject to the vesting and forfeiture provisions described in Section 4 (except as otherwise specifically provided in Section 3(b)). 2. Earning Performance Shares. This Section 2 determines the number of Performance Shares that the Participant may earn under this Agreement. (a) The Participant will earn Performance Shares based on achievement by the Company of the Performance Metrics (defined below) for fiscal years 20__ and 20__. The number of Performance Shares earned by the Participant will be determined based upon the following formula, the terms of which are further defined below: (Weighted Performance Multiple) x (Target Shares) The Weighted Performance Multiple will be determined based on the following Performance Metrics and the definitions below: Performance Metrics Weight Threshold Target Maximum ROAA __% ___% ___% ___% Company Adjusted Diluted EPS __% $____ $____ $____

2 Definitions: “Company Return on Average Assets” shall mean Company Net Income divided by the Company’s average total assets (calculated by averaging the Company’s total assets as of each month-end during the Performance Period). “Company Adjusted Diluted EPS” shall mean, for the Performance Period, the Company's net income per diluted common share as presented in the Company's consolidated audited income statement for the Performance Period, adjusted to eliminate or exclude the after- tax effects of unusual or non-recurring items, including but not limited to, the effect of accounting and/or tax changes; tangible and intangible asset impairment charges; fees, expenses and charges associated with debt and/or equity financing transactions,, merger and acquisition activity (including the purchase or sale of a business unit or its assets) and exit and realignment activities; gains/losses from asset sales not made in the ordinary course of business; retirement plan gains/losses; and gains/losses or charges associated with material litigation, regulatory, tax or insurance settlements. Adjustments to the Company’s net income per diluted common share for purposes of determining any Award earned hereunder shall be taken into account only to the extent that they are separately identified or quantified in the Company’s consolidated audited financial statements, the notes to the consolidated financial statements, “Management’s Discussion and Analysis” in the Company’s Annual Report on Form 10-K or in other Company filings with the Securities and Exchange Commission. “Metric Target” means, with respect to any Performance Metric, the applicable Metric Target specified in the table above. “Performance Metric” means each of (i) ROAA; and (ii) Company Adjusted Diluted EPS “Target Shares” means ________ shares. “Weight” means, with respect to any Performance Metric, the applicable Weight specified in the table above. “Weighted Performance Multiple” means the weighted average of the Performance Multiples for each Performance Metric (based on the Weight for each such metric in the table above), the maximum of which shall be capped at two (2) and the minimum of which shall be zero. (b) Effect of Termination Prior to Issuance of Restricted Stock. Except as provided in subparagraphs (c), (d) and (e), no Performance Shares will be earned if the Participant’s employment with, and service to, the Company and its Affiliates terminates or is terminated before _________, 20__ or the date on which Restricted Stock is issued as provided in Section 3(b). (c) Death or Disability. This subparagraph (c) applies if the Participant’s employment with, and service to, the Company and its Affiliates terminates before _______, 20__ or the date on which Restricted Stock is issued as provided in Section

3 3(b), on account of the Participant’s death or permanent and total disability (as defined in Section 22(e)(3) of the Code). In the event of the Participant’s death prior to __________, 20__ or the date on which Restricted Stock is issued as provided in Section 3(b), the number of Performance Shares earned by the Participant shall equal the number determined in accordance with subparagraph (a). In the event the Participant’s employment terminates before __________, 20__ or the date on which Restricted Stock is issued as provided in Section 3(b) due to permanent and total disability, the number of Performance Shares earned by the Participant shall equal the number determined in accordance with subparagraph (a) multiplied by a fraction. The numerator of the fraction shall be the number of whole months that the Participant was employed by, or providing services to, the Company or an Affiliate during the 24-month period beginning __________, 20__ and ending _________, 20__ (including any period that the Participant was absent from work for illness, injury or short term disability prior to termination of employment) and the denominator shall be 24. (d) Retirement. This subparagraph (d) applies if the Participant’s employment with, and service to, the Company and its Affiliates terminates before _______ , 20__ or the date on which Restricted Stock is issued as provided in Section 3(b), on account of the Participant’s retirement (defined below). In the event of the Participant’s retirement before ________, 20__ or the date on which Restricted Stock is issued as provided in Section 3(b), the number of Performance Shares earned by the Participant shall equal the number determined in accordance with subparagraph (a) multiplied by a fraction. The numerator of the fraction shall be the number of whole months that the Participant was employed by, or providing services to, the Company or an Affiliate during the 24-month period beginning _______, 20__ and ending _______, 20__ and the denominator shall be 24. For purposes of this Section 2(d), retirement shall mean severance from the employment of the Company and its Affiliates (i) at or after the attainment of age 55 and after completing a number of years of service (the total years of service credited to Participant for purposes of determining vested or nontransferable interest in a defined benefit pension plan maintained by the Company or an Affiliate which satisfies the requirements of Section 401(a) of the Code) that, when added to Participant’s age at the time of severance from employment, equals at least 65 or (ii) at or after the attainment of age 65. (e) Change in Control. The Participant will earn the number of Performance Shares equal to Target Shares if there is a Change in Control before _________, 20__ or the date on which Restricted Stock is issued as provided in Section 3(b). 3. Settlement of Performance Shares. The Performance Shares will be settled in accordance with this Section 3. (a) Committee Certification. As soon as practicable after _________, 20__ (but no later than _________, 20__), the Committee will determine the number of Performance Shares that are earned under the provisions of Section 2. The Committee’s determination shall be set forth in writing, as part of the minutes of a meeting of the Committee, by unanimous consent or otherwise. Notwithstanding the preceding

4 sentences, a written determination of the Committee shall not be required in the case of Performance Shares that are earned pursuant to the provisions of Section 2(e). (b) Issuance of Restricted Stock. As soon as practicable after the Committee’s certification under subparagraph (a) (but no later than _______, 20__), the Committee shall issue shares of Restricted Stock under the Plan in settlement of the Performance Shares earned by the Participant. The number of shares of Restricted Stock issued shall equal the number of Performance Shares earned by the Participant. Notwithstanding the preceding sentences, (i) if the Performance Shares are earned pursuant to the provisions of Section 2(c) or 2(d), such Performance Shares shall be settled in shares of Common Stock that are not subject to the restrictions set forth in Section 4 and (ii) if the Performance Shares are earned pursuant to the provisions of Section 2(e), the number of shares of Restricted Stock indicated in Section 2(e) shall be issued to the Participant on the Control Change Date, and such shares of Restricted Stock shall otherwise be treated as provided in Section 4(c)(vi). (c) Registration, etc. Shares of Restricted Stock issued in settlement of the Performance Shares shall be registered in the name of the Participant on the stock transfer books of the Company but shall be held by the Company (or its transfer agent) during the Restricted Period (defined below). The Company’s Secretary and its General Counsel shall serve as attorney-in-fact for Participant during the Restricted Period with full power and authority in Participant’s name to assign and convey to the Company any shares of Restricted Stock that Participant forfeits under Section 4(c) or that are recovered under Section 5. Each certificate representing shares of Restricted Stock may bear a legend referring to the risk of forfeiture of the shares and stating that such shares are nontransferable until all restrictions have been satisfied and the legend has been removed. (d) Dividends. Upon issuance of shares of Restricted Stock in settlement of the Performance Shares earned by the Participant, the Company shall pay Participant in cash the amount of any dividends that would have been paid on the Performance Shares prior to settlement if the Performance Shares had been actual shares of Restricted Stock outstanding during the period from _________, 20__ through _________, 20__. No dividends will be paid on the Performance Shares if Restricted Stock is not earned and issued hereunder. 4. Terms of Restricted Stock. The shares of Restricted Stock issued in settlement of the Performance Shares are subject to the following terms and conditions: (a) Restricted Period. Until ________, 20__ (the “Restricted Period”) or the lapse of restrictions as provided in subparagraph (c) hereof, the Restricted Stock shall be subject to the following restrictions: (i) Participant shall not be entitled to receive the certificate or certificates evidencing the Restricted Stock;

5 (ii) Shares of Restricted Stock may not be sold, transferred, assigned, pledged, conveyed, hypothecated or otherwise disposed of; and (iii) Shares of Restricted Stock may be forfeited immediately as provided in subparagraph (c) hereof. (b) Distribution of Restricted Stock. If Participant remains in the continuous employment of the Company or an Affiliate during the entire Restricted Period and otherwise does not forfeit such shares pursuant to subparagraph (c) hereof, all restrictions applicable to the shares of Restricted Stock shall lapse upon expiration of the Restricted Period and a certificate or certificates representing the shares of Common Stock that were granted to Participant in the form of shares of Restricted Stock shall be delivered to Participant. (c) Lapse of Restrictions or Forfeiture. (i) Death. If Participant’s employment with the Company and its Affiliates is terminated before the expiration of the Restricted Period by reason of Participant’s death, all restrictions applicable to the shares of Restricted Stock shall immediately lapse on the date of Participant’s death and the certificate or certificates representing the shares of Common Stock shall be delivered to Participant’s estate. (ii) Disability. If Participant’s employment with the Company and its Affiliates is terminated before the expiration of the Restricted Period by reason of “total and permanent disability” (as such term is defined in Section 22(e)(3) of the Code), all restrictions on a pro rata number of shares of Restricted Stock shall lapse. The “pro rata number” shall be the number of shares of Restricted Stock multiplied by a fraction, the numerator of which is the number of months (including a fractional month) of Participant’s employment after the Date of Grant and the denominator of which is 36. The certificate or certificates representing the shares of Common Stock upon which the restrictions have lapsed shall be delivered to Participant. (iii) Retirement. If Participant’s employment with the Company and its Affiliates is terminated before the expiration of the Restricted Period by reason of retirement (defined below), all shares of Restricted Stock shall be forfeited immediately and all rights of Participant to such shares shall terminate immediately without further obligation on the part of the Company. Notwithstanding the foregoing, if Participant’s service to the Company or an Affiliate continues from and after the date of retirement through (i) membership on the Board, (ii) a written consulting services arrangement with the Company or an Affiliate or (iii) at the Company’s discretion, a written confidentiality and non-solicitation agreement with the Company (“Post-Retirement Service”), shares of Restricted Stock shall not be forfeited but shall continue to be held by the Company until the earlier of (i) the end of the Restricted Period at which time such shares shall be delivered to the Participant or (ii) the date Participant ceases to provide Post-Retirement Service at

6 which time such shares shall be forfeited. For purposes of this subparagraph 4(c)(iii), retirement shall mean severance from the employment of the Company and its Affiliates (i) at or after the attainment of age 55 and after completing a number of years of service (the total years of service credited to Participant for purposes of determining vested or nontransferable interest in a defined benefit pension plan maintained by the Company or an Affiliate which satisfies the requirements of Section 401(a) of the Code) that, when added to Participant’s age at the time of severance from employment, equals at least 65 or (ii) at or after the attainment of age 65. (iv) Termination of Employment by Company or Affiliate. (a) With Cause. If the Company or an Affiliate terminates Participant’s employment with the Company and its Affiliates with “cause,” all shares of Restricted Stock shall be forfeited immediately and all rights of Participant to such shares shall terminate immediately without further obligation on the part of the Company. For purposes of this Agreement, “cause” means: (i) misappropriation, theft or embezzlement of funds or property from the Company or an Affiliate or securing or attempting to secure personally any profit in connection with any transaction entered into on behalf of the Company or an Affiliate, (ii) conviction of, or entry of a plea of “nolo contendere” with respect to, a felony which, in the reasonable opinion of the Company, is likely to cause material harm to the Company’s or an Affiliate’s business, customer or supplier relations, financial condition or prospects, (iii) violation of the Company’s Code of Honor or any successor code of conduct; or (iv) failure to substantially perform (other than by reason of illness or temporary disability, regardless of whether such temporary disability is or becomes a total and permanent disability (as defined in subparagraph 4(c)(ii) above), or by reason of approved leave of absence) the duties of Participant’s job. (b) Without Cause. If Participant’s employment with the Company and its Affiliates is terminated by the Company or an Affiliate without “cause,” all restrictions on a pro rata number of shares of Restricted Stock shall lapse. The “pro rata number” shall be the number of shares of Restricted Stock multiplied by a fraction, the numerator of which is the number of months (including a fractional month) of Participant’s employment after the Date of Grant and the denominator of which is 36. The certificate or certificates representing the shares of Common Stock upon which the restrictions have lapsed shall be delivered to Participant. (v) Termination of Employment by Participant. If Participant resigns from employment with the Company and its Affiliates before the expiration of the Restricted Period, without regard to the reason for such resignation (other than death, disability or retirement as provided in subsections (i), (ii) and (iii) above), all of the shares of Restricted Stock shall be forfeited immediately and all rights

7 of Participant to such shares shall terminate immediately without further obligation on the part of the Company. (vi) Change in Control. (a) If, upon a Change in Control, (i) the Restricted Stock is assumed by, or a substitute award granted by, the surviving entity (together with its Related Entities, the “Surviving Entity”) in the Change in Control (such assumed or substituted award to be of the same type of award as this Restricted Stock with a value as of the Control Change Date substantially equal to the value of this Restricted Stock) and (ii) within 24 months of the Control Change Date, Participant’s employment with the Surviving Entity is terminated by the Surviving Entity without Cause (defined below) or by Participant for Good Reason (defined below), all restrictions applicable to the shares of Restricted Stock shall immediately lapse on the date of employment termination and the certificate or certificates representing the shares of Common Stock upon which the restrictions have lapsed shall be delivered to Participant. (b) For purposes of this subsection 4(c)(vi), “Cause” shall mean (i) the willful and continued failure by Participant to substantially perform his or her duties with the Surviving Entity (other than any such failure resulting from Participant’s incapacity due to physical or mental illness) after a written demand for substantial performance is delivered to Participant by the Surviving Entity, which demand specifically identifies the manner in which the Surviving Entity believes that Participant has not substantially performed his or her duties, or (ii) the willful engaging by Participant in conduct which is demonstrably and materially injurious to the Surviving Entity, monetarily or otherwise. For purposes of this paragraph, no act, or failure to act, on Participant’s part shall be deemed "willful" unless done, or omitted to be done, not in good faith and without reasonable belief that the action or omission was in the best interest of the Surviving Entity. (c) For purposes of this subparagraph 4(c)(vi), “Good Reason” shall have the meaning given to such term in the Executive Severance Agreement between Participant and the Company effective January 1, 20__, as such agreement from time to time may be amended, modified, extended or replaced by a successor agreement or plan. (d) If, upon a Change in Control, the Restricted Stock is not assumed by, or a substitute award granted by, the Surviving Entity in the Change in Control as provided in subparagraph 4(c)(vi)(a) above, all restrictions applicable to the shares of Restricted Stock shall immediately lapse on the Control Change Date and the certificate or certificates representing the shares of Common Stock upon which the restrictions have lapsed shall be delivered to Participant.

8 5. Recoupment Policy. Notwithstanding any other provision in this Agreement to the contrary, the Stock Award and underlying Restricted Stock granted under this Agreement are subject to recoupment by the Company in accordance with the Company’s Policy on Recoupment of Executive Incentive Compensation in effect on the date of this Agreement, as such policy is interpreted and applied by the Company’s board of directors. 6. Nontransferability. The Performance Shares are nontransferable except by will or by the laws of descent and distribution. Shares of Restricted Stock issued in settlement of the Performance Shares cannot be transferred before the Restricted Period lapses except by will or by the laws of descent and distribution. 7. Shareholder Rights. Except as otherwise specifically provided herein, the Participant shall not have any rights as a shareholder of the Company with respect to the Performance Shares. Upon the issuance of shares of Restricted Stock in settlement of the Performance Shares, the Participant shall have all of the rights of a shareholder of the Company with respect to those shares, including the right to vote the shares and to receive, free of all restrictions, ordinary cash dividends. Stock received as a dividend on, or in connection with a stock split of any shares of Restricted Stock issued in settlement of the Performance Shares shall be subject to the same vesting restrictions as the underlying shares of Restricted Stock. The Participant’s right to receive any extraordinary dividends or distributions with respect to shares of Restricted Stock issued in settlement of the Performance Shares shall be at the sole discretion of the Committee, but in the event of any such extraordinary event, the Committee shall take action appropriate to preserve the value of, and to prevent the unintended enhancement of value in, such shares of Restricted Stock. 8. Withholding. The Participant shall pay the Company any amount of taxes as may be necessary in the opinion of the Company to satisfy tax withholding required under the laws of any country, state, province, city or other jurisdiction, including but not limited to income taxes, capital gains taxes, transfer taxes, and social security contributions. In lieu thereof, the Company shall have the right to retain, from the shares of Restricted Stock to be issued under Section 3, the number of shares of Restricted Stock with Fair Market Value equal to the minimum amount required to be withheld. In any event, the Company shall have the right to deduct from all amounts paid to a Participant in cash (whether under the Plan or otherwise) any taxes required to be withheld. The Participant shall promptly notify the Company of any election made pursuant of Section 83(b) of the Code. 9. No Right to Continued Employment. The award and settlement of the Performance Shares does not give Participant any right with respect to continuance of employment by the Company or an Affiliate, nor shall it interfere in any way with the right of the Company or an Affiliate to terminate his or her employment at any time. 10. Change in Capital Structure. The number of Performance Shares and the performance criteria in Section 2 (or, after any settlement of the Performance Shares, the number of shares of Restricted Stock) shall be adjusted as the Committee determines is equitably required in the event the Company effects one or more stock dividends, stock split-ups subdivisions or

9 consolidations of shares, other similar changes in capitalization or such other events as are described in the Plan. 11. Governing Law. This Agreement shall be governed by the laws of the Commonwealth of Virginia. 12. Conflicts. In the event of any conflict between the provisions of the Plan as in effect on the Date of Grant and the provisions of this Agreement, the provisions of the Plan shall govern. All references herein to the Plan shall mean the plan as in effect on the Date of Grant. 13. Participant Bound by Plan. Participant hereby acknowledges that a copy of the Plan has been made available to him or her and he or she agrees to be bound by all the terms and provisions of the Plan. 14. Binding Effect. Subject to the limitations stated above and in the Plan, this Agreement shall be binding upon Participant and his or her successors in interest and the successors of the Company. IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written. OWENS & MINOR, INC. By:_________________________________ ____________________________________ Participant 26333.000083 RICHMOND 2199118v1

EX-31.1

Exhibit 31.1

CERTIFICATION PURSUANT TO

RULE 13a-14(a) UNDER THE SECURITIES EXCHANGE ACT OF 1934,

AS ADOPTED PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, P. Cody Phipps, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, of Owens & Minor, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date:	July 28, 2015
/s/ P. Cody Phipps
P. Cody Phipps
President & Chief Executive Officer

EX-31.2

Exhibit 31.2

CERTIFICATION PURSUANT TO

RULE 13a-14(a) UNDER THE SECURITIES EXCHANGE ACT OF 1934,

AS ADOPTED PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Richard A. Meier, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, of Owens & Minor, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date:	July 28, 2015
/s/ Richard A. Meier
Richard A. Meier
Executive Vice President & Chief Financial Officer

EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Owens & Minor, Inc. (the “Company”) on Form 10-Q for the period ended June 30, 2015, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, P. Cody Phipps, President & Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ P. Cody Phipps

P. Cody Phipps

President & Chief Executive Officer

Owens & Minor, Inc.

July 28, 2015

EX-32.2

Exhibit 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Owens & Minor, Inc. (the “Company”) on Form 10-Q for the period ended June 30, 2015, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Richard A. Meier, Executive Vice President & Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Richard A. Meier

Richard A. Meier

Executive Vice President & Chief Financial Officer

Owens & Minor, Inc.

July 28, 2015

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Changes in Carrying Amount of Goodwill (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2015 USD ($)
Goodwill [Roll Forward]
Carrying amount of goodwill, December 31, 2014	$ 423,276
Currency translation adjustments	(2,289)
Acquisitions	773
Carrying amount of goodwill, June 30, 2015	421,760
Domestic Segment
Goodwill [Roll Forward]
Carrying amount of goodwill, December 31, 2014	377,089
Currency translation adjustments	0
Acquisitions	773
Carrying amount of goodwill, June 30, 2015	377,862
International Segment
Goodwill [Roll Forward]
Carrying amount of goodwill, December 31, 2014	46,187
Currency translation adjustments	(2,289)
Acquisitions	0
Carrying amount of goodwill, June 30, 2015	$ 43,898

XML

Financial Information by Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenue	$ 2,422,167	$ 2,305,858	$ 4,813,363	$ 4,562,239
Operating earnings (loss)	47,860	37,101	88,835	83,387
Acquisition-related and exit and realignment charges	(5,707)	(7,593)	(15,623)	(10,855)
Depreciation and amortization	15,781	13,892	31,950	27,756
Capital expenditures	11,259	24,595	22,825	38,823
Accelerated Amortization
Segment Reporting, Revenue Reconciling Item [Line Items]
Acquisition-related and exit and realignment charges	(1,200)		(4,200)
Operating Segments | Domestic
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenue	2,317,661	2,187,535	4,603,296	4,336,451
Operating earnings (loss)	52,390	48,317	102,901	101,053
Depreciation and amortization	10,504	8,812	21,242	17,787
Capital expenditures	3,384	18,858	12,035	29,033
Operating Segments | International
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenue	104,506	118,323	210,067	225,788
Operating earnings (loss)	1,177	(3,623)	1,557	(6,811)
Depreciation and amortization	5,277	5,080	10,708	9,969
Capital expenditures	7,875	5,737	10,790	9,790
Segment Reconciling Items
Segment Reporting, Revenue Reconciling Item [Line Items]
Acquisition-related and exit and realignment charges	$ (5,707)	$ (7,593)	$ (15,623)	$ (10,855)

XML

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Effective income tax rate	41.20%	41.10%	42.70%	40.90%
Liability for unrecognized tax benefit	$ 6.0		$ 6.0		$ 6.7
Unrecognized tax benefit highly certain	$ 3.6		$ 3.6

XML

Consolidated Total Assets (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Segment Reporting, Asset Reconciling Item [Line Items]
Cash and cash equivalents	$ 200,969	$ 56,772	$ 92,027	$ 101,905
Assets	2,794,906	2,735,406
Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	2,593,937	2,678,634
Operating Segments | Domestic
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	2,130,996	2,139,972
Operating Segments | International
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	462,941	538,662
Segment Reconciling Items
Segment Reporting, Asset Reconciling Item [Line Items]
Cash and cash equivalents	$ 200,969	$ 56,772

XML

Debt - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2015 USD ($) extension	Dec. 31, 2014 USD ($)
Debt Instrument [Line Items]
Borrowings outstanding	$ 0
Amount available for borrowing	445,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 450,000,000
Number of extensions | extension	2
Term of each extension (in years)	1 year
Revolving Credit Facility | Minimum
Debt Instrument [Line Items]
Commitment fee charged on unused portion of facility	0.125%
Revolving Credit Facility | Maximum
Debt Instrument [Line Items]
Commitment fee charged on unused portion of facility	0.25%
Revolving Credit Facility, Additional Borrowing Capacity
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 200,000,000
Senior Notes [Member]
Debt Instrument [Line Items]
Senior Notes redemption price description	We may redeem the Senior Notes, in whole or in part, at a redemption price of the greater of 100% of the principal amount of the Senior Notes or the present value of remaining scheduled payments of principal and interest discounted at the applicable Treasury Rate plus 0.25%.
2021 Notes [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Debt outstanding	$ 275,000,000
Interest rate of debt	3.875%
Debt issued, percent of par	99.50%
Effective yield (percent)	3.951%
Debt outstanding, fair value	$ 280,700,000	$ 275,100,000
2024 Notes [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Debt outstanding	$ 275,000,000
Interest rate of debt	4.375%
Debt issued, percent of par	99.60%
Effective yield (percent)	4.422%
Debt outstanding, fair value	$ 279,700,000	283,900,000
2021 and 2024 Notes [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Senior notes redemption price (percent)	100.00%
Letter of Credit
Debt Instrument [Line Items]
Borrowings outstanding	$ 5,000,000
European Lease Agreement | Replaced Line of Credit
Debt Instrument [Line Items]
Borrowings outstanding	$ 1,200,000	$ 1,200,000
London Interbank Offered Rate (LIBOR) [Member] | Revolving Credit Facility
Debt Instrument [Line Items]
Basis spread on variable rate	1.375%
Treasury Rate [Member] | 2021 and 2024 Notes [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Rate of interest discounted	0.30%

XML

Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2015

Equity [Abstract]

Changes in Accumulated Other Comprehensive Income (Loss) by Component

The following table shows the changes in accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2015 and 2014:

	Defined Benefit Pension Plans				Currency Translation Adjustments			Other			Total
Accumulated other comprehensive income (loss), March 31, 2015	$	(10,065	)		$	(41,588	)	$	7		$	(51,646	)
Other comprehensive income (loss) before reclassifications	—				6,606			—			6,606
Income tax	—				—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—				6,606			—			6,606
Amounts reclassified from accumulated other comprehensive income (loss)	401				—			(8		)	393
Income tax	(141		)		—			—			(141		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	260			—	—			(8		)	252
Other comprehensive income (loss)	260				6,606			(8		)	6,858
Accumulated other comprehensive income (loss), June 30, 2015	$	(9,805	)		$	(34,982	)	$	(1	)	$	(44,788	)
Accumulated other comprehensive income (loss), March 31, 2014	$	(6,372	)		$	16,359		$	146		$	10,133
Other comprehensive income (loss) before reclassifications	—				(570		)	29			(541		)
Income tax	—				—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—				(570		)	29			(541		)
Amounts reclassified from accumulated other comprehensive income (loss)	202				—			(22		)	180
Income tax	(90		)		—			8			(82		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	112				—			(14		)	98
Other comprehensive income (loss)	112				(570		)	15			(443		)
Accumulated other comprehensive income (loss), June 30, 2014	$	(6,260	)		$	15,789		$	161		$	9,690

	Defined Benefit Pension Plans			Currency Translation Adjustments			Other			Total
Accumulated other comprehensive income (loss), December 31, 2014	$	(10,323	)	$	(13,647	)	$	(31	)	$	(24,001	)
Other comprehensive income (loss) before reclassifications	—			(21,335		)	—			(21,335		)
Income tax	—			—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—			(21,335		)	—			(21,335		)
Amounts reclassified from accumulated other comprehensive income (loss)	803			—			30			833
Income tax	(285		)	—			—			(285		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	518			—			30			548
Other comprehensive income (loss)	518			(21,335		)	30			(20,787		)
Accumulated other comprehensive income (loss), June 30, 2015	$	(9,805	)	$	(34,982	)	$	(1	)	$	(44,788	)
Accumulated other comprehensive income (loss), December 31, 2013	$	(6,479	)	$	15,892		$	155		$	9,568
Other comprehensive income (loss) before reclassifications	—			(103		)	31			(72		)
Income tax	—			—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—			(103		)	31			(72		)
Amounts reclassified from accumulated other comprehensive income (loss)	405			—			(41		)	364
Income tax	(186		)	—			16			(170		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	219			—			(25		)	194
Other comprehensive income (loss)	219			(103		)	6			122
Accumulated other comprehensive income (loss), June 30, 2014	$	(6,260	)	$	15,789		$	161		$	9,690

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Condensed Consolidating Financial Information (Condensed Consolidating Statements Of Income) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Financial Statements, Captions [Line Items]
Net revenue	$ 2,422,167	$ 2,305,858	$ 4,813,363	$ 4,562,239
Cost of goods sold	2,123,830	2,023,586	4,217,425	3,998,771
Gross margin	298,337	282,272	595,938	563,468
Selling, general and administrative expenses	231,498	225,838	465,323	451,448
Acquisition-related and exit and realignment charges	5,707	7,593	15,623	10,855
Depreciation and amortization	15,460	13,892	31,329	27,756
Other operating income, net	(2,188)	(2,152)	(5,172)	(9,978)
Operating earnings	47,860	37,101	88,835	83,387
Interest expense (income), net	6,680	3,342	13,560	6,589
Income before income taxes	41,180	33,759	75,275	76,798
Income tax (benefit) provision	16,954	13,883	32,109	31,436
Equity in earnings of subsidiaries	0	0	0	0
Net income	24,226	19,876	43,166	45,362
Other comprehensive income (loss)	6,858	(443)	(20,787)	122
Comprehensive income	31,084	19,433	22,379	45,484
Owens & Minor, Inc.
Condensed Financial Statements, Captions [Line Items]
Net revenue	0	0	0	0
Cost of goods sold	0	0	0	0
Gross margin	0	0	0	0
Selling, general and administrative expenses	626	61	665	14
Acquisition-related and exit and realignment charges	0	0	0	0
Depreciation and amortization	0	2	0	1
Other operating income, net	0	0	0	0
Operating earnings	(626)	(63)	(665)	(15)
Interest expense (income), net	6,938	2,924	12,885	5,399
Income before income taxes	(7,564)	(2,987)	(13,550)	(5,414)
Income tax (benefit) provision	0	(1,200)	(773)	(2,155)
Equity in earnings of subsidiaries	31,790	21,663	55,943	48,621
Net income	24,226	19,876	43,166	45,362
Other comprehensive income (loss)	6,858	(443)	(20,787)	122
Comprehensive income	31,084	19,433	22,379	45,484
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net revenue	2,279,725	2,187,130	4,529,430	4,335,495
Cost of goods sold	2,064,515	1,978,815	4,098,327	3,918,280
Gross margin	215,210	208,315	431,103	417,215
Selling, general and administrative expenses	160,348	152,122	320,925	306,372
Acquisition-related and exit and realignment charges	256	3,886	3,833	5,180
Depreciation and amortization	8,910	8,790	18,014	17,741
Other operating income, net	(1,354)	(814)	(2,331)	(7,877)
Operating earnings	47,050	44,331	90,662	95,799
Interest expense (income), net	(233)	791	581	2,034
Income before income taxes	47,283	43,540	90,081	93,765
Income tax (benefit) provision	16,973	17,808	31,759	37,994
Equity in earnings of subsidiaries	0	0	0	0
Net income	30,310	25,732	58,322	55,771
Other comprehensive income (loss)	(21,839)	111	(21,335)	218
Comprehensive income	8,471	25,843	36,987	55,989
Non-guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net revenue	178,844	137,683	360,204	257,558
Cost of goods sold	95,570	63,299	195,608	110,897
Gross margin	83,274	74,384	164,596	146,661
Selling, general and administrative expenses	70,524	73,655	143,733	145,062
Acquisition-related and exit and realignment charges	5,451	3,707	11,790	5,675
Depreciation and amortization	6,550	5,100	13,315	10,014
Other operating income, net	(834)	(1,338)	(2,841)	(2,101)
Operating earnings	1,583	(6,740)	(1,401)	(11,989)
Interest expense (income), net	(25)	(373)	94	(844)
Income before income taxes	1,608	(6,367)	(1,495)	(11,145)
Income tax (benefit) provision	(19)	(2,725)	1,123	(4,403)
Equity in earnings of subsidiaries	0	0	0	0
Net income	1,627	(3,642)	(2,618)	(6,742)
Other comprehensive income (loss)	28,696	(570)	548	(103)
Comprehensive income	30,323	(4,212)	(2,070)	(6,845)
Eliminations
Condensed Financial Statements, Captions [Line Items]
Net revenue	(36,402)	(18,955)	(76,271)	(30,814)
Cost of goods sold	(36,255)	(18,528)	(76,510)	(30,406)
Gross margin	(147)	(427)	239	(408)
Selling, general and administrative expenses	0	0	0	0
Acquisition-related and exit and realignment charges	0	0	0	0
Depreciation and amortization	0	0	0	0
Other operating income, net	0	0	0	0
Operating earnings	(147)	(427)	239	(408)
Interest expense (income), net	0	0	0	0
Income before income taxes	(147)	(427)	239	(408)
Income tax (benefit) provision	0	0	0	0
Equity in earnings of subsidiaries	(31,790)	(21,663)	(55,943)	(48,621)
Net income	(31,937)	(22,090)	(55,704)	(49,029)
Other comprehensive income (loss)	(6,857)	459	20,787	(115)
Comprehensive income	$ (38,794)	$ (21,631)	$ (34,917)	$ (49,144)

XML

Condensed Consolidating Financial Information

6 Months Ended

Jun. 30, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Consolidating Financial Information

Condensed Consolidating Financial Information

The following tables present condensed consolidating financial information for: Owens & Minor, Inc. (O&M); the guarantors of Owens & Minor, Inc.’s 2021 Notes and 2024 Notes, on a combined basis; and the non-guarantor subsidiaries of the 2021 Notes and 2024 Notes, on a combined basis. The guarantor subsidiaries are 100% owned by Owens & Minor, Inc. Separate financial statements of the guarantor subsidiaries are not presented because the guarantees by our guarantor subsidiaries are full and unconditional, as well as joint and several, and we believe the condensed consolidating financial information is more meaningful in understanding the financial position, results of operations and cash flows of the guarantor subsidiaries.

Three Months Ended June 30, 2015	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	2,279,725		$	178,844		$	(36,402	)	$	2,422,167
Cost of goods sold	—			2,064,515			95,570			(36,255		)	2,123,830
Gross margin	—			215,210			83,274			(147		)	298,337
Selling, general and administrative expenses	626			160,348			70,524			—			231,498
Acquisition-related and exit and realignment charges	—			256			5,451			—			5,707
Depreciation and amortization	—			8,910			6,550			—			15,460
Other operating income, net	—			(1,354		)	(834		)	—			(2,188		)
Operating earnings (loss)	(626		)	47,050			1,583			(147		)	47,860
Interest expense (income), net	6,938			(233		)	(25		)	—			6,680
Income (loss) before income taxes	(7,564		)	47,283			1,608			(147		)	41,180
Income tax (benefit) provision	—			16,973			(19		)	—			16,954
Equity in earnings of subsidiaries	31,790			—			—			(31,790		)	—
Net income (loss)	24,226			30,310			1,627			(31,937		)	24,226
Other comprehensive income (loss)	6,858			(21,839		)	28,696			(6,857		)	6,858
Comprehensive income (loss)	$	31,084		$	8,471		$	30,323		$	(38,794	)	$	31,084

Three Months Ended June 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	2,187,130		$	137,683		$	(18,955	)	$	2,305,858
Cost of goods sold	—			1,978,815			63,299			(18,528		)	2,023,586
Gross margin	—			208,315			74,384			(427		)	282,272
Selling, general and administrative expenses	61			152,122			73,655			—			225,838
Acquisition-related and exit and realignment charges	—			3,886			3,707			—			7,593
Depreciation and amortization	2			8,790			5,100			—			13,892
Other operating income, net	—			(814		)	(1,338		)	—			(2,152		)
Operating earnings (loss)	(63		)	44,331			(6,740		)	(427		)	37,101
Interest expense (income), net	2,924			791			(373		)	—			3,342
Income (loss) before income taxes	(2,987		)	43,540			(6,367		)	(427		)	33,759
Income tax (benefit) provision	(1,200		)	17,808			(2,725		)	—			13,883
Equity in earnings of subsidiaries	21,663			—			—			(21,663		)	—
Net income (loss)	19,876			25,732			(3,642		)	(22,090		)	19,876
Other comprehensive income (loss)	(443		)	111			(570		)	459			(443		)
Comprehensive income (loss)	$	19,433		$	25,843		$	(4,212	)	$	(21,631	)	$	19,433

Six Months Ended June 30, 2015	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	4,529,430		$	360,204		$	(76,271	)	$	4,813,363
Cost of goods sold	—			4,098,327			195,608			(76,510		)	4,217,425
Gross margin	—			431,103			164,596			239			595,938
Selling, general and administrative expenses	665			320,925			143,733			—			465,323
Acquisition-related and exit and realignment charges	—			3,833			11,790			—			15,623
Depreciation and amortization	—			18,014			13,315			—			31,329
Other operating income, net	—			(2,331		)	(2,841		)	—			(5,172		)
Operating earnings (loss)	(665		)	90,662			(1,401		)	239			88,835
Interest expense (income), net	12,885			581			94			—			13,560
Income (loss) before income taxes	(13,550		)	90,081			(1,495		)	239			75,275
Income tax (benefit) provision	(773		)	31,759			1,123			—			32,109
Equity in earnings of subsidiaries	55,943			—			—			(55,943		)	—
Net income (loss)	43,166			58,322			(2,618		)	(55,704		)	43,166
Other comprehensive income (loss)	(20,787		)	(21,335		)	548			20,787			(20,787		)
Comprehensive income (loss)	$	22,379		$	36,987		$	(2,070	)	$	(34,917	)	$	22,379

Six Months Ended June 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	4,335,495		$	257,558		$	(30,814	)	$	4,562,239
Cost of goods sold	—			3,918,280			110,897			(30,406		)	3,998,771
Gross margin	—			417,215			146,661			(408		)	563,468
Selling, general and administrative expenses	14			306,372			145,062			—			451,448
Acquisition-related and exit and realignment charges	—			5,180			5,675			—			10,855
Depreciation and amortization	1			17,741			10,014			—			27,756
Other operating income, net	—			(7,877		)	(2,101		)	—			(9,978		)
Operating earnings (loss)	(15		)	95,799			(11,989		)	(408		)	83,387
Interest expense (income), net	5,399			2,034			(844		)	—			6,589
Income (loss) before income taxes	(5,414		)	93,765			(11,145		)	(408		)	76,798
Income tax (benefit) provision	(2,155		)	37,994			(4,403		)	—			31,436
Equity in earnings of subsidiaries	48,621			—			—			(48,621		)	—
Net income (loss)	45,362			55,771			(6,742		)	(49,029		)	45,362
Other comprehensive income (loss)	122			218			(103		)	(115		)	122
Comprehensive income (loss)	$	45,484		$	55,989		$	(6,845	)	$	(49,144	)	$	45,484

June 30, 2015	Owens & Minor, Inc.			Guarantor Subsidiaries			Non- guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	105,427		$	46,639		$	48,903		$	—		$	200,969
Accounts and notes receivable, net	—			485,256			105,346			(9,863		)	580,739
Merchandise inventories	—			852,396			55,272			(4,167		)	903,501
Other current assets	299			94,214			179,717			1,251			275,481
Total current assets	105,726			1,478,505			389,238			(12,779		)	1,960,690
Property and equipment, net	—			108,373			110,999			—			219,372
Goodwill, net	—			247,271			174,489			—			421,760
Intangible assets, net	—			14,768			86,136			—			100,904
Due from O&M and subsidiaries	—			513,448			—			(513,448		)	—
Advances to and investment in consolidated subsidiaries	1,897,461			—			—			(1,897,461		)	—
Other assets, net	4,347			62,413			25,420			—			92,180
Total assets	$	2,007,534		$	2,424,778		$	786,282		$	(2,423,688	)	$	2,794,906
Liabilities and equity
Current liabilities
Accounts payable	$	—		$	713,907		$	48,470		$	(8,882	)	$	753,495
Accrued payroll and related liabilities	—			23,485			11,312			—			34,797
Deferred income taxes	—			43,160			(1,782		)	—			41,378
Other accrued liabilities	7,004			99,024			182,404			—			288,432
Total current liabilities	7,004			879,576			240,404			(8,882		)	1,118,102
Long-term debt, excluding current portion	547,905			5,395			21,323			—			574,623
Due to O&M and subsidiaries	475,498			—			77,464			(552,962		)	—
Intercompany debt	—			138,890			—			(138,890		)	—
Deferred income taxes	—			32,974			29,308			—			62,282
Other liabilities	—			55,155			7,617			—			62,772
Total liabilities	1,030,407			1,111,990			376,116			(700,734		)	1,817,779
Equity
Common stock	126,036			—			—			—			126,036
Paid-in capital	205,727			241,877			514,314			(756,191		)	205,727
Retained earnings (deficit)	690,152			1,080,701			(69,099		)	(1,011,602		)	690,152
Accumulated other comprehensive income (loss)	(44,788		)	(9,790		)	(35,049		)	44,839			(44,788		)
Total equity	977,127			1,312,788			410,166			(1,722,954		)	977,127
Total liabilities and equity	$	2,007,534		$	2,424,778		$	786,282		$	(2,423,688	)	$	2,794,906

December 31, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	22,013		$	3,912		$	30,847		$	—		$	56,772
Accounts and notes receivable, net	—			519,951			144,463			(38,222		)	626,192
Merchandise inventories	—			816,915			60,061			(4,519		)	872,457
Other current assets	(24,748		)	90,733			224,220			25,080			315,285
Total current assets	(2,735		)	1,431,511			459,591			(17,661		)	1,870,706
Property and equipment, net	—			110,076			122,903			—			232,979
Goodwill, net	—			247,271			176,005			—			423,276
Intangible assets, net	—			15,805			92,788			—			108,593
Due from O&M and subsidiaries	—			357,304			—			(357,304		)	—
Advances to and investments in consolidated subsidiaries	1,893,767			—			—			(1,893,767		)	—
Other assets, net	4,637			66,836			28,379			—			99,852
Total assets	$	1,895,669		$	2,228,803		$	879,666		$	(2,268,732	)	$	2,735,406
Liabilities and equity
Current liabilities
Accounts payable	$	—		$	567,285		$	54,898		$	(13,337	)	$	608,846
Accrued payroll and related liabilities	—			16,434			15,073			—			31,507
Deferred income taxes	—			39,667			(1,688		)	—			37,979
Other current liabilities	6,441			83,698			236,084			—			326,223
Total current liabilities	6,441			707,084			304,367			(13,337		)	1,004,555
Long-term debt, excluding current portion	547,763			39,915			20,873			—			608,551
Due to O&M and subsidiaries	350,627			—			77,788			(428,415		)	—
Intercompany debt	—			138,890			—			(138,890		)	—
Deferred income taxes	—			33,162			30,739			—			63,901
Other liabilities	—			55,794			11,767			—			67,561
Total liabilities	904,831			974,845			445,534			(580,642		)	1,744,568
Equity													—
Common stock	126,140			—			—			—			126,140
Paid-in capital	202,934			241,877			514,314			(756,191		)	202,934
Retained earnings (deficit)	685,765			1,022,379			(66,479		)	(955,900		)	685,765
Accumulated other comprehensive income (loss)	(24,001		)	(10,298		)	(13,703		)	24,001			(24,001		)
Total equity	990,838			1,253,958			434,132			(1,688,090		)	990,838
Total liabilities and equity	$	1,895,669		$	2,228,803		$	879,666		$	(2,268,732	)	$	2,735,406

Six Months Ended June 30, 2015	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Cash Flows
Operating activities:
Net income (loss)	$	43,166		$	58,322		$	(2,618	)	$	(55,704	)	$	43,166
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	(55,943		)	—			—			55,943			—
Depreciation and amortization	—			17,741			18,397			—			36,138
Share-based compensation expense	—			5,048			—			—			5,048
Provision for losses on accounts and notes receivable	—			(36		)	77			—			41
Deferred income tax expense (benefit)	—			2,376			616			—			2,992
Changes in operating assets and liabilities:
Accounts and notes receivable	—			35,566			(180		)	6,236			41,622
Merchandise inventories	—			(35,481		)	1,193			2,422			(31,866		)
Accounts payable	—			146,622			5,798			(6,738		)	145,682
Net change in other assets and liabilities	(148		)	14,338			(9,260		)	(2,159		)	2,771
Other, net	429			726			41			—			1,196
Cash provided by (used for) operating activities	(12,496		)	245,222			14,064			—			246,790
Investing activities:
Additions to property and equipment	—			(9,292		)	(2,717		)	—			(12,009		)
Additions to computer software and intangible assets	—			(2,068		)	(8,748		)	—			(10,816		)
Proceeds from the sale of property and equipment	—			60			777			—			837
Cash used for investing activities	—			(11,300		)	(10,688		)	—			(21,988		)
Financing activities:
Change in intercompany advances	135,627			(155,951		)	20,324			—			—
Repayment of revolving credit facility	—			(33,700		)	—			—			(33,700		)
Change in bank overdraft	—			—			1,530			—			1,530
Cash dividends paid	(31,867		)	—			—			—			(31,867		)
Repurchases of common stock	(7,440		)	—			—			—			(7,440		)
Excess tax benefits related to share-based compensation	457			—			—			—			457
Other, net	(867		)	(1,544		)	(2,701		)	—			(5,112		)
Cash provided by (used for) financing activities	95,910			(191,195		)	19,153			—			(76,132		)
Effect of exchange rate changes on cash and cashequivalents	—			—			(4,473		)	—			(4,473		)
Net increase (decrease) in cash and cash equivalents	83,414			42,727			18,056			—			144,197
Cash and cash equivalents at beginning of period	22,013			3,912			30,847			—			56,772
Cash and cash equivalents at end of period	$	105,427		$	46,639		$	48,903		$	—		$	200,969

Six months ended June 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Cash Flows
Operating activities:
Net income (loss)	$	45,362		$	55,771		$	(6,742	)	$	(49,029	)	$	45,362
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	(48,621		)	—			—			48,621			—
Depreciation and amortization	1			17,741			10,014			—			27,756
Share-based compensation expense	—			4,190			—			—			4,190
Provision for losses on accounts and notes receivable	—			146			188			—			334
Deferred income tax expense (benefit)	—			(4,117		)	(1,034		)	—			(5,151		)
Changes in operating assets and liabilities:
Accounts and notes receivable	—			28,286			428			(237		)	28,477
Merchandise inventories	—			(38,733		)	(10,248		)	406			(48,575		)
Accounts payable	—			54,860			(177		)	239			54,922
Net change in other assets and liabilities	(952		)	(15,272		)	(16,541		)	—			(32,765		)
Other, net	(776		)	(280		)	(22		)	—			(1,078		)
Cash provided by (used for) operating activities	(4,986		)	102,592			(24,134		)	—			73,472
Investing activities:
Proceeds from the sale of investment				1,937									1,937
Additions to property and equipment	—			(16,777		)	(8,880		)	—			(25,657		)
Additions to computer software and intangible assets	—			(12,256		)	(910		)	—			(13,166		)
Proceeds from the sale of property and equipment	—			35			10			—			45
Cash used for investing activities	—			(27,061		)	(9,780		)	—			(36,841		)
Financing activities:
Change in intercompany advances	28,847			(62,995		)	34,148			—			—
Cash dividends paid	(31,564		)	—			—			—			(31,564		)
Repurchases of common stock	(9,448		)	—			—			—			(9,448		)
Excess tax benefits related to share-based compensation	444			—			—			—			444
Proceeds from exercise of stock options	1,180			—			—			—			1,180
Purchase of noncontrolling interest	—			—			(1,500		)	—			(1,500		)
Other, net	(2,072		)	(1,450		)	(919		)	—			(4,441		)
Cash provided by (used for) financing activities	(12,613		)	(64,445		)	31,729			—			(45,329		)
Effect of exchange rate changes on cash and cashequivalents	—			—			(1,180		)	—			(1,180		)
Net increase (decrease) in cash and cash equivalents	(17,599		)	11,086			(3,365		)	—			(9,878		)
Cash and cash equivalents at beginning of period	74,391			2,012			25,502			—			101,905
Cash and cash equivalents at end of period	$	56,792		$	13,098		$	22,137		$	—		$	92,027

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Shareholders' Equity - Additional Information (Detail) - Jun. 30, 2015 - USD ($) $ / shares in Units, shares in Thousands	Total
Equity [Abstract]
Share repurchase program, authorized amount	$ 100,000,000
Stock repurchase program, term (in years)	3 years
Stock repurchase program, expiring date	2017-02
Stock repurchased and retired, shares	220
Stock repurchased and retired, value	$ 7,400,000
Stock repurchase program, average price in USD per share	$ 33.82
Stock repurchase program, remaining authorized repurchase amount	$ 82,600,000

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Exit and Realignment Costs - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014
Restructuring Cost and Reserve [Line Items]
Total exit and realignment charges	$ 3,921		$ 4,104		$ 11,232	$ 6,727
Charges expensed as incurred	2,900	$ 6,900	1,900	$ 1,300
Expect additional charges					1,700
Domestic Segment
Restructuring Cost and Reserve [Line Items]
Total exit and realignment charges	(124)		2,303		2,515	3,596
International Segment
Restructuring Cost and Reserve [Line Items]
Total exit and realignment charges	4,045		1,801		$ 8,717	$ 3,131
Accelerated Amortization
Restructuring Cost and Reserve [Line Items]
Charges expensed as incurred	1,200	3,000
Property/Facility Related costs
Restructuring Cost and Reserve [Line Items]
Charges expensed as incurred	800	1,800	900	500
Information System Costs
Restructuring Cost and Reserve [Line Items]
Charges expensed as incurred	700	300	200
Other
Restructuring Cost and Reserve [Line Items]
Charges expensed as incurred	$ 200	500
Labor Cost
Restructuring Cost and Reserve [Line Items]
Charges expensed as incurred		$ 1,300	$ 700
Employee Relocation
Restructuring Cost and Reserve [Line Items]
Charges expensed as incurred				500
Labor and Other Costs
Restructuring Cost and Reserve [Line Items]
Charges expensed as incurred				$ 300

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Acquisitions - Estimated Values of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Nov. 01, 2014
Assets acquired:
Goodwill	$ 421,760	$ 423,276
Medical Action Industries, Inc. and ArcRoyal
Assets acquired:
Current assets			$ 90,755
Property and equipment			32,814
Goodwill			151,265
Intangible assets			77,623
Total assets			352,457
Liabilities assumed:
Current liabilities			64,422
Noncurrent liabilities			26,426
Total liabilities			90,848
Fair value of net assets acquired, net of cash			261,609
Preliminary Fair Value Estimated as of Acquisition Date | Medical Action Industries, Inc. and ArcRoyal
Assets acquired:
Current assets			90,608
Property and equipment			34,048
Goodwill			150,492
Intangible assets			77,623
Total assets			352,771
Liabilities assumed:
Current liabilities			64,736
Noncurrent liabilities			26,426
Total liabilities			91,162
Fair value of net assets acquired, net of cash			261,609
Differences Between Prior and Current Period Preliminary Fair Value Estimate | Medical Action Industries, Inc. and ArcRoyal
Assets acquired:
Current assets			147
Property and equipment			(1,234)
Goodwill			773
Intangible assets			0
Total assets			(314)
Liabilities assumed:
Current liabilities			(314)
Noncurrent liabilities			0
Total liabilities			(314)
Fair value of net assets acquired, net of cash			$ 0

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Accumulated Other Comprehensive Income - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Amounts reclassified out of accumulated other comprehensive income related to defined benefit pension plans as component of net periodic benefit cost, actuarial net loss	$ 0.4	$ 0.2	$ 0.8	$ 0.4

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Derivatives (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Derivative [Line Items]
Notional value	$ 5,700,000	$ 5,700,000	$ 10,000,000
Other Assets
Derivative [Line Items]
Fair value of derivative instruments	900,000	900,000	$ 700,000	$ 0
Other Income
Derivative [Line Items]
Impact from changes in fair value of derivatives	$ (500,000)	$ 300,000

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Consolidated Statements of Changes in Equity (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Stockholders' Equity [Abstract]
Dividends declared (in USD per share)	$ 0.2525	$ 0.25	$ 0.505	$ 0.5

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Accrual for Exit and Realignment Costs (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Mar. 31, 2014
Restructuring Reserve [Roll Forward]
Accrued exit and realignment costs, beginning of period	$ 5,602	$ 6,462	$ 3,510	$ 2,909
Provision for exit and realignment activities	964	398	2,242	1,339
Cash payments, net of sublease income	(1,520)	(1,258)	(1,478)	(738)
Accrued exit and realignment costs, end of period	5,046	5,602	4,274	3,510
Lease Obligations
Restructuring Reserve [Roll Forward]
Accrued exit and realignment costs, beginning of period	3,446	3,575	2,555	2,434
Provision for exit and realignment activities	572	256	6	532
Cash payments, net of sublease income	(349)	(385)	(383)	(411)
Accrued exit and realignment costs, end of period	3,669	3,446	2,178	2,555
Severance and Other
Restructuring Reserve [Roll Forward]
Accrued exit and realignment costs, beginning of period	2,156	2,887	955	475
Provision for exit and realignment activities	392	142	2,236	807
Cash payments, net of sublease income	(1,171)	(873)	(1,095)	(327)
Accrued exit and realignment costs, end of period	$ 1,377	$ 2,156	$ 2,096	$ 955

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Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill

The following table summarizes the changes in the carrying amount of goodwill through June 30, 2015:

	Domestic Segment		International Segment			Total
Carrying amount of goodwill, December 31, 2014	$	377,089	$	46,187		$	423,276
Currency translation adjustments	—		(2,289		)	(2,289		)
Acquisitions (see Note 3)	773		—			773
Carrying amount of goodwill, June 30, 2015	$	377,862	$	43,898		$	421,760

Intangible Assets

Intangible assets at June 30, 2015, and December 31, 2014, were as follows:

	June 30, 2015						December 31, 2014
	Customer Relationships			Other Intangibles			Customer Relationships			Other Intangibles
Gross intangible assets	$	123,222		$	2,695		$	125,448		$	3,405
Accumulated amortization	(24,905		)	(108		)	(19,773		)	(487		)
Net intangible assets	$	98,317		$	2,587		$	105,675		$	2,918

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Acquisitions (Tables)

6 Months Ended

Jun. 30, 2015

Business Combinations [Abstract]

Schedule of Business Acquisitions

The following table presents, in the aggregate, the preliminary estimated fair value of the assets acquired and liabilities assumed recognized as of the acquisition date. Adjustments relate to revised estimates pending completion of our valuation. The allocation of purchase price to assets and liabilities acquired is not yet complete as we are working to finalize the valuation of specific fixed assets and liabilities.

	Preliminary Fair Value Estimated as of Acquisition Date		Differences Between Prior and Current Period Preliminary Fair Value Estimate			Preliminary Fair Value Currently Estimated as of Acquisition Date
Assets acquired:
Current assets	$	90,608	$	147		$	90,755
Property and equipment	34,048		(1,234		)	32,814
Goodwill	150,492		773			151,265
Intangible assets	77,623		—			77,623
Total assets	352,771		(314		)	352,457
Liabilities assumed:
Current liabilities	64,736		(314		)	64,422
Noncurrent liabilities	26,426		—			26,426
Total liabilities	91,162		(314		)	90,848
Fair value of net assets acquired, net of cash	$	261,609	$	—		$	261,609

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Condensed Consolidating Financial Information (Details)	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Percentage of ownership	100.00%

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Retirement Plans - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Health and Welfare Plans of Foreign Subsidiaries
Defined Benefit Plan Disclosure [Line Items]
Health and welfare plans expense	$ 0.5	$ 0.5	$ 1.0	$ 1.0

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Exit and Realignment Costs (Tables)

6 Months Ended

Jun. 30, 2015

Restructuring and Related Activities [Abstract]

Summary of Accrued Exit Costs

Exit and realignment charges by segment for the three and six months ended June 30, 2015 and 2014 were as follows:

	Three Months Ended June 30,					Six Months Ended June 30,
	2015			2014		2015		2014
Domestic segment	$	(124	)	$	2,303	$	2,515	$	3,596
International segment	4,045			1,801		8,717		3,131
Total exit and realignment charges	$	3,921		$	4,104	$	11,232	$	6,727

Schedule of Restructuring and Related Costs Accrual Activity

The following table summarizes the activity related to exit and realignment cost accruals through June 30, 2015 and 2014:

	Lease Obligations			Severance and Other			Total
Accrued exit and realignment costs, December 31, 2014	$	3,575		$	2,887		$	6,462
Provision for exit and realignment activities	256			142			398
Cash payments, net of sublease income	(385		)	(873		)	(1,258		)
Accrued exit and realignment costs, March 31, 2015	3,446			2,156			5,602
Provision for exit and realignment activities	572			392			964
Cash payments, net of sublease income	(349		)	(1,171		)	(1,520		)
Accrued exit and realignment costs, June 30, 2015	$	3,669		$	1,377		$	5,046
Accrued exit and realignment costs, December 31, 2013	$	2,434		$	475		$	2,909
Provision for exit and realignment activities	532			807			1,339
Cash payments, net of sublease income	(411		)	(327		)	(738		)
Accrued exit and realignment costs, March 31, 2014	2,555			955			3,510
Provision for exit and realignment activities	6			2,236			2,242
Cash payments, net of sublease income	(383		)	(1,095		)	(1,478		)
Accrued exit and realignment costs, June 30, 2014	$	2,178		$	2,096		$	4,274

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Retirement Plans (Tables)

6 Months Ended

Jun. 30, 2015

Domestic Retirement Plans

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Components of Net Periodic Benefit Cost for Domestic Retirement Plan

The components of net periodic benefit cost, which are included in selling, general and administrative expenses, for the three and six months ended June 30, 2015 and 2014, were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
Service cost	$	32	$	40	$	65	$	75
Interest cost	464		482		929		965
Recognized net actuarial loss	401		202		802		406
Net periodic benefit cost	$	897	$	724	$	1,796	$	1,446

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Consolidated Statements of Changes in Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Noncontrolling Interest
Beginning Balance (in shares) at Dec. 31, 2013		63,096
Beginning Balance at Dec. 31, 2013	$ 1,025,043	$ 126,193	$ 196,605	$ 691,547	$ 9,568	$ 1,130
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	45,362			45,362
Other comprehensive income	122				122
Dividends declared	(31,473)			(31,473)
Shares repurchased and retired (in shares)		(277)
Shares repurchased and retired	(9,448)	$ (555)		(8,893)
Share-based compensation expense, exercises and other (shares)		247
Share-based compensation expense, exercises and other	3,604	$ 495	3,109
Purchase of noncontrolling interest	(1,825)		(695)			(1,130)
Ending Balance (in shares) at Jun. 30, 2014		63,066
Ending Balance at Jun. 30, 2014	$ 1,031,385	$ 126,133	199,019	696,543	9,690	0
Beginning Balance (in shares) at Dec. 31, 2014	63,070	63,070
Beginning Balance at Dec. 31, 2014	$ 990,838	$ 126,140	202,934	685,765	(24,001)	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	43,166			43,166
Other comprehensive income	(20,787)				(20,787)
Dividends declared	$ (31,779)			(31,779)
Shares repurchased and retired (in shares)	(220)	(220)
Shares repurchased and retired	$ (7,440)	$ (440)		(7,000)
Share-based compensation expense, exercises and other (shares)		168
Share-based compensation expense, exercises and other	$ 3,129	$ 336	2,793
Ending Balance (in shares) at Jun. 30, 2015	63,018	63,018
Ending Balance at Jun. 30, 2015	$ 977,127	$ 126,036	$ 205,727	$ 690,152	$ (44,788)	$ 0

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Net Income per Common Share (Tables)

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Summary of Calculation of Net Income Per Common Share

The following summarizes the calculation of net income per common share attributable to common shareholders for the three and six months ended June 30, 2015 and 2014.

	Three Months Ended    June 30,						Six Months Ended    June 30,
(in thousands, except per share data)	2015			2014			2015			2014
Numerator:
Net income	$	24,226		$	19,876		$	43,166		$	45,362
Less: income allocated to unvested restricted shares	(195		)	(159		)	(359		)	(345		)
Net income attributable to common shareholders - basic	24,031			19,717			42,807			45,017
Add: undistributed income attributable to unvested restricted shares - basic	42			19			63			68
Less: undistributed income attributable to unvested restricted shares - diluted	(42		)	(19		)	(63		)	(68		)
Net income attributable to common shareholders - diluted	$	24,031		$	19,717		$	42,807		$	45,017
Denominator:
Weighted average shares outstanding - basic	62,226			62,311			62,281			62,271
Dilutive shares - stock options	—			5			1			9
Weighted average shares outstanding - diluted	62,226			62,316			62,282			62,280
Net income per share attributable to common shareholders:
Basic	$	0.39		$	0.32		$	0.69		$	0.72
Diluted	$	0.39		$	0.32		$	0.69		$	0.72

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Intangible Assets (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Net intangible assets	$ 100,904	$ 108,593
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Gross intangible assets	123,222	125,448
Accumulated amortization	(24,905)	(19,773)
Net intangible assets	98,317	105,675
Other Intangibles
Finite-Lived Intangible Assets [Line Items]
Gross intangible assets	2,695	3,405
Accumulated amortization	(108)	(487)
Net intangible assets	$ 2,587	$ 2,918

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Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Mar. 31, 2015	Jun. 30, 2015
Loss Contingencies [Line Items]
Audit reimbursement period (in years), maximum		7 years
Breach of Contract Claim
Loss Contingencies [Line Items]
Settlement payment	$ 3.9

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Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Net revenue	$ 2,422,167	$ 2,305,858	$ 4,813,363	$ 4,562,239
Cost of goods sold	2,123,830	2,023,586	4,217,425	3,998,771
Gross margin	298,337	282,272	595,938	563,468
Selling, general and administrative expenses	231,498	225,838	465,323	451,448
Acquisition-related and exit and realignment charges	5,707	7,593	15,623	10,855
Depreciation and amortization	15,460	13,892	31,329	27,756
Other operating income, net	(2,188)	(2,152)	(5,172)	(9,978)
Operating earnings	47,860	37,101	88,835	83,387
Interest expense, net	6,680	3,342	13,560	6,589
Income before income taxes	41,180	33,759	75,275	76,798
Income tax provision	16,954	13,883	32,109	31,436
Net income	$ 24,226	$ 19,876	$ 43,166	$ 45,362
Net income per common share:
Basic (in usd per share)	$ 0.39	$ 0.32	$ 0.69	$ 0.72
Diluted (in usd per share)	0.39	0.32	0.69	0.72
Cash dividends in USD per common share	$ 0.2525	$ 0.25	$ 0.505	$ 0.5

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Retirement Plans - Components of Net Periodic Benefit Cost (Detail) - Domestic Retirement Plans - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 32	$ 40	$ 65	$ 75
Interest cost	464	482	929	965
Recognized net actuarial loss	401	202	802	406
Net periodic benefit cost	$ 897	$ 724	$ 1,796	$ 1,446

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Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Accounts and notes receivable, allowances	$ 13,220	$ 13,306
Property and equipment, accumulated depreciation	$ 173,278	$ 163,377
Common stock, par value	$ 2	$ 2
Common stock, authorized	200,000,000	200,000,000
Common stock, issued	63,018,000	63,070,000
Common stock, outstanding	63,018,000	63,070,000

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Condensed Consolidating Financial Information (Condensed Consolidating Statements Of Cash Flows) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	$ 24,226	$ 19,876	$ 43,166	$ 45,362
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	0	0	0	0
Depreciation and amortization			36,138	27,756
Share-based compensation expense			5,048	4,190
Provision for losses on accounts and notes receivable			41	334
Deferred income tax expense (benefit)			2,992	(5,151)
Changes in operating assets and liabilities:
Accounts and notes receivable			41,622	28,477
Merchandise inventories			(31,866)	(48,575)
Accounts payable			145,682	54,922
Net change in other assets and liabilities			2,771	(32,765)
Other, net			1,196	(1,078)
Cash provided by (used for) operating activities			246,790	73,472
Investing activities:
Proceeds from the sale of investment			0	1,937
Additions to property and equipment			(12,009)	(25,657)
Additions to computer software and intangible assets			(10,816)	(13,166)
Proceeds from sale of property and equipment			837	45
Cash used for investing activities			(21,988)	(36,841)
Financing activities:
Change in intercompany advances			0	0
Repayment of revolving credit facility			(33,700)	0
Change in bank overdraft			1,530	0
Cash dividends paid			(31,867)	(31,564)
Repurchases of common stock			(7,440)	(9,448)
Excess tax benefits related to share-based compensation			457	444
Proceeds from exercise of stock options			0	1,180
Purchase of noncontrolling interest			0	(1,500)
Other, net			(5,112)	(4,441)
Cash used for financing activities			(76,132)	(45,329)
Effect of exchange rate changes on cash and cash equivalents			(4,473)	(1,180)
Net increase (decrease) in cash and cash equivalents			144,197	(9,878)
Cash and cash equivalents at beginning of period			56,772	101,905
Cash and cash equivalents at end of period	200,969	92,027	200,969	92,027
Owens & Minor, Inc.
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	24,226	19,876	43,166	45,362
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	(31,790)	(21,663)	(55,943)	(48,621)
Depreciation and amortization			0	1
Share-based compensation expense			0	0
Provision for losses on accounts and notes receivable			0	0
Deferred income tax expense (benefit)			0	0
Changes in operating assets and liabilities:
Accounts and notes receivable			0	0
Merchandise inventories			0	0
Accounts payable			0	0
Net change in other assets and liabilities			(148)	(952)
Other, net			429	(776)
Cash provided by (used for) operating activities			(12,496)	$ (4,986)
Investing activities:
Proceeds from the sale of investment
Additions to property and equipment			0	$ 0
Additions to computer software and intangible assets			0	0
Proceeds from sale of property and equipment			0	0
Cash used for investing activities			0	0
Financing activities:
Change in intercompany advances			135,627	28,847
Repayment of revolving credit facility			0
Change in bank overdraft			0
Cash dividends paid			(31,867)	(31,564)
Repurchases of common stock			(7,440)	(9,448)
Excess tax benefits related to share-based compensation			457	444
Proceeds from exercise of stock options				1,180
Purchase of noncontrolling interest				0
Other, net			(867)	(2,072)
Cash used for financing activities			95,910	(12,613)
Effect of exchange rate changes on cash and cash equivalents			0	0
Net increase (decrease) in cash and cash equivalents			83,414	(17,599)
Cash and cash equivalents at beginning of period			22,013	74,391
Cash and cash equivalents at end of period	105,427	56,792	105,427	56,792
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	30,310	25,732	58,322	55,771
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	0	0	0	0
Depreciation and amortization			17,741	17,741
Share-based compensation expense			5,048	4,190
Provision for losses on accounts and notes receivable			(36)	146
Deferred income tax expense (benefit)			2,376	(4,117)
Changes in operating assets and liabilities:
Accounts and notes receivable			35,566	28,286
Merchandise inventories			(35,481)	(38,733)
Accounts payable			146,622	54,860
Net change in other assets and liabilities			14,338	(15,272)
Other, net			726	(280)
Cash provided by (used for) operating activities			245,222	102,592
Investing activities:
Proceeds from the sale of investment				1,937
Additions to property and equipment			(9,292)	(16,777)
Additions to computer software and intangible assets			(2,068)	(12,256)
Proceeds from sale of property and equipment			60	35
Cash used for investing activities			(11,300)	(27,061)
Financing activities:
Change in intercompany advances			(155,951)	(62,995)
Repayment of revolving credit facility			(33,700)
Change in bank overdraft			0
Cash dividends paid			0	0
Repurchases of common stock			0	0
Excess tax benefits related to share-based compensation			0	0
Proceeds from exercise of stock options				0
Purchase of noncontrolling interest				0
Other, net			(1,544)	(1,450)
Cash used for financing activities			(191,195)	(64,445)
Effect of exchange rate changes on cash and cash equivalents			0	0
Net increase (decrease) in cash and cash equivalents			42,727	11,086
Cash and cash equivalents at beginning of period			3,912	2,012
Cash and cash equivalents at end of period	46,639	13,098	46,639	13,098
Non-guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	1,627	(3,642)	(2,618)	(6,742)
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	0	0	0	0
Depreciation and amortization			18,397	10,014
Share-based compensation expense			0	0
Provision for losses on accounts and notes receivable			77	188
Deferred income tax expense (benefit)			616	(1,034)
Changes in operating assets and liabilities:
Accounts and notes receivable			(180)	428
Merchandise inventories			1,193	(10,248)
Accounts payable			5,798	(177)
Net change in other assets and liabilities			(9,260)	(16,541)
Other, net			41	(22)
Cash provided by (used for) operating activities			14,064	$ (24,134)
Investing activities:
Proceeds from the sale of investment
Additions to property and equipment			(2,717)	$ (8,880)
Additions to computer software and intangible assets			(8,748)	(910)
Proceeds from sale of property and equipment			777	10
Cash used for investing activities			(10,688)	(9,780)
Financing activities:
Change in intercompany advances			20,324	34,148
Repayment of revolving credit facility			0
Change in bank overdraft			1,530
Cash dividends paid			0	0
Repurchases of common stock			0	0
Excess tax benefits related to share-based compensation			0	0
Proceeds from exercise of stock options				0
Purchase of noncontrolling interest				(1,500)
Other, net			(2,701)	(919)
Cash used for financing activities			19,153	31,729
Effect of exchange rate changes on cash and cash equivalents			(4,473)	(1,180)
Net increase (decrease) in cash and cash equivalents			18,056	(3,365)
Cash and cash equivalents at beginning of period			30,847	25,502
Cash and cash equivalents at end of period	48,903	22,137	48,903	22,137
Eliminations
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	(31,937)	(22,090)	(55,704)	(49,029)
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	31,790	21,663	55,943	48,621
Depreciation and amortization			0	0
Share-based compensation expense			0	0
Provision for losses on accounts and notes receivable			0	0
Deferred income tax expense (benefit)			0	0
Changes in operating assets and liabilities:
Accounts and notes receivable			6,236	(237)
Merchandise inventories			2,422	406
Accounts payable			(6,738)	239
Net change in other assets and liabilities			(2,159)	0
Other, net			0	0
Cash provided by (used for) operating activities			0	$ 0
Investing activities:
Proceeds from the sale of investment
Additions to property and equipment			0	$ 0
Additions to computer software and intangible assets			0	0
Proceeds from sale of property and equipment			0	0
Cash used for investing activities			0	0
Financing activities:
Change in intercompany advances			0	0
Repayment of revolving credit facility			0
Change in bank overdraft			0
Cash dividends paid			0	0
Repurchases of common stock			0	0
Excess tax benefits related to share-based compensation			0	0
Proceeds from exercise of stock options				0
Purchase of noncontrolling interest				0
Other, net			0	0
Cash used for financing activities			0	0
Effect of exchange rate changes on cash and cash equivalents			0	0
Net increase (decrease) in cash and cash equivalents			0	0
Cash and cash equivalents at beginning of period			0	0
Cash and cash equivalents at end of period	$ 0	$ 0	$ 0	$ 0

XML

Condensed Consolidating Financial Information (Tables)

6 Months Ended

Jun. 30, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Consolidating Statement Of Income

Six Months Ended June 30, 2015	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	4,529,430		$	360,204		$	(76,271	)	$	4,813,363
Cost of goods sold	—			4,098,327			195,608			(76,510		)	4,217,425
Gross margin	—			431,103			164,596			239			595,938
Selling, general and administrative expenses	665			320,925			143,733			—			465,323
Acquisition-related and exit and realignment charges	—			3,833			11,790			—			15,623
Depreciation and amortization	—			18,014			13,315			—			31,329
Other operating income, net	—			(2,331		)	(2,841		)	—			(5,172		)
Operating earnings (loss)	(665		)	90,662			(1,401		)	239			88,835
Interest expense (income), net	12,885			581			94			—			13,560
Income (loss) before income taxes	(13,550		)	90,081			(1,495		)	239			75,275
Income tax (benefit) provision	(773		)	31,759			1,123			—			32,109
Equity in earnings of subsidiaries	55,943			—			—			(55,943		)	—
Net income (loss)	43,166			58,322			(2,618		)	(55,704		)	43,166
Other comprehensive income (loss)	(20,787		)	(21,335		)	548			20,787			(20,787		)
Comprehensive income (loss)	$	22,379		$	36,987		$	(2,070	)	$	(34,917	)	$	22,379

Six Months Ended June 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	4,335,495		$	257,558		$	(30,814	)	$	4,562,239
Cost of goods sold	—			3,918,280			110,897			(30,406		)	3,998,771
Gross margin	—			417,215			146,661			(408		)	563,468
Selling, general and administrative expenses	14			306,372			145,062			—			451,448
Acquisition-related and exit and realignment charges	—			5,180			5,675			—			10,855
Depreciation and amortization	1			17,741			10,014			—			27,756
Other operating income, net	—			(7,877		)	(2,101		)	—			(9,978		)
Operating earnings (loss)	(15		)	95,799			(11,989		)	(408		)	83,387
Interest expense (income), net	5,399			2,034			(844		)	—			6,589
Income (loss) before income taxes	(5,414		)	93,765			(11,145		)	(408		)	76,798
Income tax (benefit) provision	(2,155		)	37,994			(4,403		)	—			31,436
Equity in earnings of subsidiaries	48,621			—			—			(48,621		)	—
Net income (loss)	45,362			55,771			(6,742		)	(49,029		)	45,362
Other comprehensive income (loss)	122			218			(103		)	(115		)	122
Comprehensive income (loss)	$	45,484		$	55,989		$	(6,845	)	$	(49,144	)	$	45,484

June 30, 2015	Owens & Minor, Inc.			Guarantor Subsidiaries			Non- guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	105,427		$	46,639		$	48,903		$	—		$	200,969
Accounts and notes receivable, net	—			485,256			105,346			(9,863		)	580,739
Merchandise inventories	—			852,396			55,272			(4,167		)	903,501
Other current assets	299			94,214			179,717			1,251			275,481
Total current assets	105,726			1,478,505			389,238			(12,779		)	1,960,690
Property and equipment, net	—			108,373			110,999			—			219,372
Goodwill, net	—			247,271			174,489			—			421,760
Intangible assets, net	—			14,768			86,136			—			100,904
Due from O&M and subsidiaries	—			513,448			—			(513,448		)	—
Advances to and investment in consolidated subsidiaries	1,897,461			—			—			(1,897,461		)	—
Other assets, net	4,347			62,413			25,420			—			92,180
Total assets	$	2,007,534		$	2,424,778		$	786,282		$	(2,423,688	)	$	2,794,906
Liabilities and equity
Current liabilities
Accounts payable	$	—		$	713,907		$	48,470		$	(8,882	)	$	753,495
Accrued payroll and related liabilities	—			23,485			11,312			—			34,797
Deferred income taxes	—			43,160			(1,782		)	—			41,378
Other accrued liabilities	7,004			99,024			182,404			—			288,432
Total current liabilities	7,004			879,576			240,404			(8,882		)	1,118,102
Long-term debt, excluding current portion	547,905			5,395			21,323			—			574,623
Due to O&M and subsidiaries	475,498			—			77,464			(552,962		)	—
Intercompany debt	—			138,890			—			(138,890		)	—
Deferred income taxes	—			32,974			29,308			—			62,282
Other liabilities	—			55,155			7,617			—			62,772
Total liabilities	1,030,407			1,111,990			376,116			(700,734		)	1,817,779
Equity
Common stock	126,036			—			—			—			126,036
Paid-in capital	205,727			241,877			514,314			(756,191		)	205,727
Retained earnings (deficit)	690,152			1,080,701			(69,099		)	(1,011,602		)	690,152
Accumulated other comprehensive income (loss)	(44,788		)	(9,790		)	(35,049		)	44,839			(44,788		)
Total equity	977,127			1,312,788			410,166			(1,722,954		)	977,127
Total liabilities and equity	$	2,007,534		$	2,424,778		$	786,282		$	(2,423,688	)	$	2,794,906

Condensed Consolidating Balance Sheets

June 30, 2015	Owens & Minor, Inc.			Guarantor Subsidiaries			Non- guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	105,427		$	46,639		$	48,903		$	—		$	200,969
Accounts and notes receivable, net	—			485,256			105,346			(9,863		)	580,739
Merchandise inventories	—			852,396			55,272			(4,167		)	903,501
Other current assets	299			94,214			179,717			1,251			275,481
Total current assets	105,726			1,478,505			389,238			(12,779		)	1,960,690
Property and equipment, net	—			108,373			110,999			—			219,372
Goodwill, net	—			247,271			174,489			—			421,760
Intangible assets, net	—			14,768			86,136			—			100,904
Due from O&M and subsidiaries	—			513,448			—			(513,448		)	—
Advances to and investment in consolidated subsidiaries	1,897,461			—			—			(1,897,461		)	—
Other assets, net	4,347			62,413			25,420			—			92,180
Total assets	$	2,007,534		$	2,424,778		$	786,282		$	(2,423,688	)	$	2,794,906
Liabilities and equity
Current liabilities
Accounts payable	$	—		$	713,907		$	48,470		$	(8,882	)	$	753,495
Accrued payroll and related liabilities	—			23,485			11,312			—			34,797
Deferred income taxes	—			43,160			(1,782		)	—			41,378
Other accrued liabilities	7,004			99,024			182,404			—			288,432
Total current liabilities	7,004			879,576			240,404			(8,882		)	1,118,102
Long-term debt, excluding current portion	547,905			5,395			21,323			—			574,623
Due to O&M and subsidiaries	475,498			—			77,464			(552,962		)	—
Intercompany debt	—			138,890			—			(138,890		)	—
Deferred income taxes	—			32,974			29,308			—			62,282
Other liabilities	—			55,155			7,617			—			62,772
Total liabilities	1,030,407			1,111,990			376,116			(700,734		)	1,817,779
Equity
Common stock	126,036			—			—			—			126,036
Paid-in capital	205,727			241,877			514,314			(756,191		)	205,727
Retained earnings (deficit)	690,152			1,080,701			(69,099		)	(1,011,602		)	690,152
Accumulated other comprehensive income (loss)	(44,788		)	(9,790		)	(35,049		)	44,839			(44,788		)
Total equity	977,127			1,312,788			410,166			(1,722,954		)	977,127
Total liabilities and equity	$	2,007,534		$	2,424,778		$	786,282		$	(2,423,688	)	$	2,794,906

December 31, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	22,013		$	3,912		$	30,847		$	—		$	56,772
Accounts and notes receivable, net	—			519,951			144,463			(38,222		)	626,192
Merchandise inventories	—			816,915			60,061			(4,519		)	872,457
Other current assets	(24,748		)	90,733			224,220			25,080			315,285
Total current assets	(2,735		)	1,431,511			459,591			(17,661		)	1,870,706
Property and equipment, net	—			110,076			122,903			—			232,979
Goodwill, net	—			247,271			176,005			—			423,276
Intangible assets, net	—			15,805			92,788			—			108,593
Due from O&M and subsidiaries	—			357,304			—			(357,304		)	—
Advances to and investments in consolidated subsidiaries	1,893,767			—			—			(1,893,767		)	—
Other assets, net	4,637			66,836			28,379			—			99,852
Total assets	$	1,895,669		$	2,228,803		$	879,666		$	(2,268,732	)	$	2,735,406
Liabilities and equity
Current liabilities
Accounts payable	$	—		$	567,285		$	54,898		$	(13,337	)	$	608,846
Accrued payroll and related liabilities	—			16,434			15,073			—			31,507
Deferred income taxes	—			39,667			(1,688		)	—			37,979
Other current liabilities	6,441			83,698			236,084			—			326,223
Total current liabilities	6,441			707,084			304,367			(13,337		)	1,004,555
Long-term debt, excluding current portion	547,763			39,915			20,873			—			608,551
Due to O&M and subsidiaries	350,627			—			77,788			(428,415		)	—
Intercompany debt	—			138,890			—			(138,890		)	—
Deferred income taxes	—			33,162			30,739			—			63,901
Other liabilities	—			55,794			11,767			—			67,561
Total liabilities	904,831			974,845			445,534			(580,642		)	1,744,568
Equity													—
Common stock	126,140			—			—			—			126,140
Paid-in capital	202,934			241,877			514,314			(756,191		)	202,934
Retained earnings (deficit)	685,765			1,022,379			(66,479		)	(955,900		)	685,765
Accumulated other comprehensive income (loss)	(24,001		)	(10,298		)	(13,703		)	24,001			(24,001		)
Total equity	990,838			1,253,958			434,132			(1,688,090		)	990,838
Total liabilities and equity	$	1,895,669		$	2,228,803		$	879,666		$	(2,268,732	)	$	2,735,406

Condensed Consolidating Statement Of Cash Flows

Six Months Ended June 30, 2015	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Cash Flows
Operating activities:
Net income (loss)	$	43,166		$	58,322		$	(2,618	)	$	(55,704	)	$	43,166
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	(55,943		)	—			—			55,943			—
Depreciation and amortization	—			17,741			18,397			—			36,138
Share-based compensation expense	—			5,048			—			—			5,048
Provision for losses on accounts and notes receivable	—			(36		)	77			—			41
Deferred income tax expense (benefit)	—			2,376			616			—			2,992
Changes in operating assets and liabilities:
Accounts and notes receivable	—			35,566			(180		)	6,236			41,622
Merchandise inventories	—			(35,481		)	1,193			2,422			(31,866		)
Accounts payable	—			146,622			5,798			(6,738		)	145,682
Net change in other assets and liabilities	(148		)	14,338			(9,260		)	(2,159		)	2,771
Other, net	429			726			41			—			1,196
Cash provided by (used for) operating activities	(12,496		)	245,222			14,064			—			246,790
Investing activities:
Additions to property and equipment	—			(9,292		)	(2,717		)	—			(12,009		)
Additions to computer software and intangible assets	—			(2,068		)	(8,748		)	—			(10,816		)
Proceeds from the sale of property and equipment	—			60			777			—			837
Cash used for investing activities	—			(11,300		)	(10,688		)	—			(21,988		)
Financing activities:
Change in intercompany advances	135,627			(155,951		)	20,324			—			—
Repayment of revolving credit facility	—			(33,700		)	—			—			(33,700		)
Change in bank overdraft	—			—			1,530			—			1,530
Cash dividends paid	(31,867		)	—			—			—			(31,867		)
Repurchases of common stock	(7,440		)	—			—			—			(7,440		)
Excess tax benefits related to share-based compensation	457			—			—			—			457
Other, net	(867		)	(1,544		)	(2,701		)	—			(5,112		)
Cash provided by (used for) financing activities	95,910			(191,195		)	19,153			—			(76,132		)
Effect of exchange rate changes on cash and cashequivalents	—			—			(4,473		)	—			(4,473		)
Net increase (decrease) in cash and cash equivalents	83,414			42,727			18,056			—			144,197
Cash and cash equivalents at beginning of period	22,013			3,912			30,847			—			56,772
Cash and cash equivalents at end of period	$	105,427		$	46,639		$	48,903		$	—		$	200,969

Six months ended June 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Cash Flows
Operating activities:
Net income (loss)	$	45,362		$	55,771		$	(6,742	)	$	(49,029	)	$	45,362
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	(48,621		)	—			—			48,621			—
Depreciation and amortization	1			17,741			10,014			—			27,756
Share-based compensation expense	—			4,190			—			—			4,190
Provision for losses on accounts and notes receivable	—			146			188			—			334
Deferred income tax expense (benefit)	—			(4,117		)	(1,034		)	—			(5,151		)
Changes in operating assets and liabilities:
Accounts and notes receivable	—			28,286			428			(237		)	28,477
Merchandise inventories	—			(38,733		)	(10,248		)	406			(48,575		)
Accounts payable	—			54,860			(177		)	239			54,922
Net change in other assets and liabilities	(952		)	(15,272		)	(16,541		)	—			(32,765		)
Other, net	(776		)	(280		)	(22		)	—			(1,078		)
Cash provided by (used for) operating activities	(4,986		)	102,592			(24,134		)	—			73,472
Investing activities:
Proceeds from the sale of investment				1,937									1,937
Additions to property and equipment	—			(16,777		)	(8,880		)	—			(25,657		)
Additions to computer software and intangible assets	—			(12,256		)	(910		)	—			(13,166		)
Proceeds from the sale of property and equipment	—			35			10			—			45
Cash used for investing activities	—			(27,061		)	(9,780		)	—			(36,841		)
Financing activities:
Change in intercompany advances	28,847			(62,995		)	34,148			—			—
Cash dividends paid	(31,564		)	—			—			—			(31,564		)
Repurchases of common stock	(9,448		)	—			—			—			(9,448		)
Excess tax benefits related to share-based compensation	444			—			—			—			444
Proceeds from exercise of stock options	1,180			—			—			—			1,180
Purchase of noncontrolling interest	—			—			(1,500		)	—			(1,500		)
Other, net	(2,072		)	(1,450		)	(919		)	—			(4,441		)
Cash provided by (used for) financing activities	(12,613		)	(64,445		)	31,729			—			(45,329		)
Effect of exchange rate changes on cash and cashequivalents	—			—			(1,180		)	—			(1,180		)
Net increase (decrease) in cash and cash equivalents	(17,599		)	11,086			(3,365		)	—			(9,878		)
Cash and cash equivalents at beginning of period	74,391			2,012			25,502			—			101,905
Cash and cash equivalents at end of period	$	56,792		$	13,098		$	22,137		$	—		$	92,027

XML

Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2015

Equity [Abstract]

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

The following table shows the changes in accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2015 and 2014:

	Defined Benefit Pension Plans				Currency Translation Adjustments			Other			Total
Accumulated other comprehensive income (loss), March 31, 2015	$	(10,065	)		$	(41,588	)	$	7		$	(51,646	)
Other comprehensive income (loss) before reclassifications	—				6,606			—			6,606
Income tax	—				—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—				6,606			—			6,606
Amounts reclassified from accumulated other comprehensive income (loss)	401				—			(8		)	393
Income tax	(141		)		—			—			(141		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	260			—	—			(8		)	252
Other comprehensive income (loss)	260				6,606			(8		)	6,858
Accumulated other comprehensive income (loss), June 30, 2015	$	(9,805	)		$	(34,982	)	$	(1	)	$	(44,788	)
Accumulated other comprehensive income (loss), March 31, 2014	$	(6,372	)		$	16,359		$	146		$	10,133
Other comprehensive income (loss) before reclassifications	—				(570		)	29			(541		)
Income tax	—				—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—				(570		)	29			(541		)
Amounts reclassified from accumulated other comprehensive income (loss)	202				—			(22		)	180
Income tax	(90		)		—			8			(82		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	112				—			(14		)	98
Other comprehensive income (loss)	112				(570		)	15			(443		)
Accumulated other comprehensive income (loss), June 30, 2014	$	(6,260	)		$	15,789		$	161		$	9,690

	Defined Benefit Pension Plans			Currency Translation Adjustments			Other			Total
Accumulated other comprehensive income (loss), December 31, 2014	$	(10,323	)	$	(13,647	)	$	(31	)	$	(24,001	)
Other comprehensive income (loss) before reclassifications	—			(21,335		)	—			(21,335		)
Income tax	—			—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—			(21,335		)	—			(21,335		)
Amounts reclassified from accumulated other comprehensive income (loss)	803			—			30			833
Income tax	(285		)	—			—			(285		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	518			—			30			548
Other comprehensive income (loss)	518			(21,335		)	30			(20,787		)
Accumulated other comprehensive income (loss), June 30, 2015	$	(9,805	)	$	(34,982	)	$	(1	)	$	(44,788	)
Accumulated other comprehensive income (loss), December 31, 2013	$	(6,479	)	$	15,892		$	155		$	9,568
Other comprehensive income (loss) before reclassifications	—			(103		)	31			(72		)
Income tax	—			—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—			(103		)	31			(72		)
Amounts reclassified from accumulated other comprehensive income (loss)	405			—			(41		)	364
Income tax	(186		)	—			16			(170		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	219			—			(25		)	194
Other comprehensive income (loss)	219			(103		)	6			122
Accumulated other comprehensive income (loss), June 30, 2014	$	(6,260	)	$	15,789		$	161		$	9,690

We include amounts reclassified out of accumulated other comprehensive income related to defined benefit pension plans as a component of net periodic pension cost recorded in selling, general & administrative expenses. For the three and six months ended June 30, 2015, we reclassified $0.4 million and $0.8 million of actuarial net losses. For the three and six months ended June 30, 2014, we reclassified $0.2 million and $0.4 million of actuarial net losses.

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Acquisitions - Additional Information (Details) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Nov. 01, 2014 USD ($) acquisition	Jun. 30, 2015 USD ($)	Jun. 30, 2014 USD ($)	Jun. 30, 2015 USD ($)	Jun. 30, 2014 USD ($)	Dec. 31, 2014 USD ($)
Business Acquisition [Line Items]
Goodwill		$ 421,760		$ 421,760		$ 423,276
Medical Action Industries, Inc. and ArcRoyal
Business Acquisition [Line Items]
Number of businesses acquired | acquisition	2
Combined consideration, net of cash acquired	$ 261,600
Capitalized lease obligations assumed	13,400
Goodwill	151,265
Acquisition-related expenses		1,800		4,400
Medical Action Industries, Inc, ArcRoyal and Movianto
Business Acquisition [Line Items]
Acquisition-related expenses			$ 3,500		$ 4,100
International Segment
Business Acquisition [Line Items]
Goodwill		43,898		43,898		46,187
International Segment | Medical Action Industries, Inc. and ArcRoyal
Business Acquisition [Line Items]
Goodwill	21,900
Domestic Segment
Business Acquisition [Line Items]
Goodwill		$ 377,862		$ 377,862		$ 377,089
Domestic Segment | Medical Action Industries, Inc. and ArcRoyal
Business Acquisition [Line Items]
Goodwill	$ 129,400
Customer Relationships | Medical Action Industries, Inc. and ArcRoyal
Business Acquisition [Line Items]
Acquired intangible assets, useful life	14 years

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Segment Information

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Segment Information

Segment Information

We evaluate the performance of our segments based on their operating earnings excluding acquisition-related and exit and realignment charges, certain purchase price fair value adjustments, and other substantive items that, either as a result of their nature or size, would not be expected to occur as part of the our normal business operations on a regular basis.

The following tables present financial information by segment:

	Three Months Ended   June 30,						Six Months Ended   June 30,
	2015			2014			2015			2014
Net revenue:
Domestic	$	2,317,661		$	2,187,535		$	4,603,296		$	4,336,451
International	104,506			118,323			210,067			225,788
Consolidated net revenue	$	2,422,167		$	2,305,858		$	4,813,363		$	4,562,239
Operating earnings (loss):
Domestic	$	52,390		$	48,317		$	102,901		$	101,053
International	1,177			(3,623		)	1,557			(6,811		)
Acquisition-related and exit and realignment charges (1)	(5,707		)	(7,593		)	(15,623		)	(10,855		)
Consolidated operating earnings	$	47,860		$	37,101		$	88,835		$	83,387
Depreciation and amortization:
Domestic	$	10,504		$	8,812		$	21,242		$	17,787
International	5,277			5,080			10,708			9,969
Consolidated depreciation and amortization	$	15,781		$	13,892		$	31,950		$	27,756
Capital expenditures:
Domestic	$	3,384		$	18,858		$	12,035		$	29,033
International	7,875			5,737			10,790			9,790
Consolidated capital expenditures	$	11,259		$	24,595		$	22,825		$	38,823

	June 30, 2015		December 31, 2014
Total assets:
Domestic	$	2,130,996	$	2,139,972
International	462,941		538,662
Segment assets	2,593,937		2,678,634
Cash and cash equivalents	200,969		56,772
Consolidated total assets	$	2,794,906	$	2,735,406

⁽¹⁾ The three and six months ended June 30, 2015 include $1.2 million and $4.2 million, respectively in accelerated amortization related to an information system that is being replaced.

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Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Statement of Cash Flows [Abstract]
Net income	$ 43,166	$ 45,362
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	36,138	27,756
Share-based compensation expense	5,048	4,190
Provision for losses on accounts and notes receivable	41	334
Deferred income tax (benefit) expense	2,992	(5,151)
Changes in operating assets and liabilities:
Accounts and notes receivable	41,622	28,477
Merchandise inventories	(31,866)	(48,575)
Accounts payable	145,682	54,922
Net change in other assets and liabilities	2,771	(32,765)
Other, net	1,196	(1,078)
Cash provided by (used for) operating activities	246,790	73,472
Investing activities:
Additions to property and equipment	(12,009)	(25,657)
Additions to computer software and intangible assets	(10,816)	(13,166)
Proceeds from sale of investment	0	1,937
Proceeds from sale of property and equipment	837	45
Cash used for investing activities	(21,988)	(36,841)
Financing activities:
Change in bank overdraft	1,530	0
Repayment of revolving credit facility	(33,700)	0
Cash dividends paid	(31,867)	(31,564)
Repurchases of common stock	(7,440)	(9,448)
Excess tax benefits related to share-based compensation	457	444
Proceeds from exercise of stock options	0	1,180
Purchase of noncontrolling interest	0	(1,500)
Other, net	(5,112)	(4,441)
Cash used for financing activities	(76,132)	(45,329)
Effect of exchange rate changes on cash and cash equivalents	(4,473)	(1,180)
Net increase (decrease) in cash and cash equivalents	144,197	(9,878)
Cash and cash equivalents at beginning of period	56,772	101,905
Cash and cash equivalents at end of period	200,969	92,027
Supplemental disclosure of cash flow information:
Income taxes paid, net	27,542	56,837
Interest paid	$ 13,260	$ 7,402

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Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 24,226	$ 19,876	$ 43,166	$ 45,362
Other comprehensive income (loss), net of tax:
Currency translation adjustments (net of income tax of $0 in 2015 and 2014)	6,606	(570)	(21,335)	(103)
Change in unrecognized net periodic pension costs (net of income tax of $141 and $285 in 2015 and $90 and $186 in 2014)	260	112	518	219
Other (net of income tax of $0 in 2015 and $8 and $16 in 2014)	(8)	15	30	6
Total other comprehensive income (loss), net of tax	6,858	(443)	(20,787)	122
Comprehensive income	$ 31,084	$ 19,433	$ 22,379	$ 45,484

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Debt

6 Months Ended

Jun. 30, 2015

Debt Disclosure [Abstract]

Debt

Debt

We have $275 million of 3.875% senior notes due 2021 (the “2021 Notes”) and $275 million of 4.375% senior notes due 2024 (the “2024 Notes”), with interest payable semi-annually. The 2021 Notes were sold at 99.5% of the principal amount with an effective yield of 3.951%. The 2024 Notes were sold at 99.6% of the principal with an effective yield of 4.422%. We have the option to redeem the 2021 Notes and 2024 Notes in part or in whole prior to maturity at a redemption price equal to the greater of 100% of the principal amount or the present value of the remaining scheduled payments discounted at the Treasury Rate plus 30 basis points. As of June 30, 2015 and December 31, 2014, the estimated fair value of the 2021 Notes was $280.7 million and $275.1 million and the estimated fair value of the 2024 Notes was $279.7 million and $283.9 million, respectively.

We have a Credit Agreement with a $450 million borrowing capacity which extends through September 2019. Under the Amended Credit Agreement, we have the ability to request twoone-year extensions and to request an increase in aggregate commitments by up to $200 million. The interest rate on the Amended Credit Agreement, which is subject to adjustment quarterly, is based on the London Interbank Offered Rate (LIBOR), the Federal Funds Rate or the Prime Rate, plus an adjustment based on the better of our debt ratings or leverage ratio (Credit Spread) as defined by the Amended Credit Agreement. We are charged a commitment fee of between 12.5 and 25.0 basis points on the unused portion of the facility. The terms of the Amended Credit Agreement limit the amount of indebtedness that we may incur and require us to maintain ratios for leverage and interest coverage, including on a pro forma basis in the event of an acquisition. Based on our leverage ratio at June 30, 2015, the interest rate under the credit facility is LIBOR plus 1.375%.

At June 30, 2015, we had no borrowings and letters of credit of approximately $5.0 million outstanding under the Amended Credit Agreement, leaving $445 million available for borrowing. We also have a $1.2 million letter of credit outstanding as of June 30, 2015 and December 31, 2014, which supports our facilities leased in Europe.

The Amended Credit Agreement and senior notes contain cross-default provisions which could result in the acceleration of payments due in the event of default of either agreement. We believe we were in compliance with our debt covenants at June 30, 2015.

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Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 24, 2015
Document And Entity Information [Abstract]
Entity Registrant Name	OWENS & MINOR INC/VA/
Entity Central Index Key	0000075252
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Trading Symbol	OMI
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		63,018,058

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Derivatives

6 Months Ended

Jun. 30, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives

Derivatives

When deemed appropriate, we use derivatives, primarily forward contracts, as a risk management tool to mitigate the potential impact of foreign currency exchange risk. The total notional values of our foreign currency derivatives was $5.7 million at June 30, 2015 and $10.0 million as of December 31, 2014. We do not currently have any derivatives designated as hedging instruments and all gains and losses resulting from changes in the fair value of derivative instruments are immediately recognized into earnings. At June 30, 2015 and December 31, 2014 the fair value of our foreign currency contracts included in other assets on the consolidated balance sheet was $0.9 million and $0.7 million. The impact from changes in the fair value of these foreign currency derivatives included in other operating expense was $0.5 million and other operating income was $0.3 million for the three and six months ended June 30, 2015. We did not hold foreign currency contracts in the first six months of 2014. We consider the risk of counterparty default to be minimal.

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Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Currency translation adjustments, income tax expense	$ 0	$ 0	$ 0	$ 0
Change in unrecognized net periodic pension costs, income tax benefit	141	285	90	186
Other, income tax expense	$ 0	$ 0	$ 8	$ 16

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Acquisitions

6 Months Ended

Jun. 30, 2015

Business Combinations [Abstract]

Acquisitions

Acquisitions

On October 1, 2014, we completed the acquisition of Medical Action Industries Inc. (Medical Action), a leading producer of surgical kits and procedure trays, which enabled an expansion of our capabilities in the assembly of kits, packs and trays for the healthcare market.

On November 1, 2014, we acquired ArcRoyal, a privately held surgical kitting company based in Ireland (ArcRoyal). The transaction expanded our capabilities in the assembly of kits, packs and trays in the European healthcare market.

The combined consideration for these two acquisitions was $261.6 million, net of cash acquired, and including debt assumed of $13.4 million (capitalized lease obligations).

The purchase price was allocated to the underlying assets acquired and liabilities assumed based upon our preliminary estimate of their fair values at the date of acquisition, with certain exceptions permitted under GAAP. The combined purchase price exceeded the preliminary estimated fair value of the net tangible and identifiable intangible assets by $151.3 million, which was allocated to goodwill. The following table presents, in the aggregate, the preliminary estimated fair value of the assets acquired and liabilities assumed recognized as of the acquisition date. Adjustments relate to revised estimates pending completion of our valuation. The allocation of purchase price to assets and liabilities acquired is not yet complete as we are working to finalize the valuation of specific fixed assets and liabilities.

	Preliminary Fair Value Estimated as of Acquisition Date		Differences Between Prior and Current Period Preliminary Fair Value Estimate			Preliminary Fair Value Currently Estimated as of Acquisition Date
Assets acquired:
Current assets	$	90,608	$	147		$	90,755
Property and equipment	34,048		(1,234		)	32,814
Goodwill	150,492		773			151,265
Intangible assets	77,623		—			77,623
Total assets	352,771		(314		)	352,457
Liabilities assumed:
Current liabilities	64,736		(314		)	64,422
Noncurrent liabilities	26,426		—			26,426
Total liabilities	91,162		(314		)	90,848
Fair value of net assets acquired, net of cash	$	261,609	$	—		$	261,609

We are amortizing the fair value of acquired intangible assets, primarily customer relationships, over their remaining weighted average useful lives of 14 years.

Goodwill of $151.3 million consists largely of expected opportunities to expand our kitting capabilities. We assigned goodwill of $21.9 million to our International segment and $129.4 million to our Domestic segment. None of the goodwill recognized is expected to be deductible for income tax purposes.

Pro forma results of operations for these acquisitions have not been presented because the effects on revenue and net income were not material to our historic consolidated financial statements.

Acquisition-related expenses in 2015 consisted primarily of transition costs incurred to integrate the acquired operations (including certain severance and contractual payments to former management). We recognized pre-tax acquisition-related expenses of $1.8 million in the second quarter and $4.4 million year-to-date in 2015 related to these activities.

Acquisition-related expenses of $3.5 million and $4.1 million in the three and six months ended June 30, 2014 consisted of costs to perform due diligence and analysis related to the Medical Action and ArcRoyal acquisitions, as well as certain costs in Movianto to resolve issues and claims with the former owner.

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Fair Value

6 Months Ended

Jun. 30, 2015

Fair Value Disclosures [Abstract]

Fair Value

Fair Value

The carrying amounts of cash and cash equivalents, accounts receivable, financing receivables, accounts payable and financing payables included in the consolidated balance sheets approximate fair value due to the short-term nature of these instruments. The fair value of long-term debt is estimated based on quoted market prices or dealer quotes for the identical liability when traded as an asset in an active market (Level 1) or, if quoted market prices or dealer quotes are not available, on the borrowing rates currently available for loans with similar terms, credit ratings and average remaining maturities (Level 2). We determine the fair value of our derivatives based on quoted market prices. See Note 8 for the fair value of long-term debt and Note 9 for the fair value of derivatives.

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Commitments and Contingencies

6 Months Ended

Jun. 30, 2015

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies

Prior to exiting the direct-to-consumer business in January 2009, we received reimbursements from Medicare, Medicaid, and private healthcare insurers for certain customer billings. We are subject to audits of these reimbursements for up to seven years from the date of the service.

In the first quarter of 2015, we settled our dispute and terminated the service contract with a customer in the United Kingdom. As part of the settlement, we entered into a transition agreement for the transfer of services back to this customer and paid approximately $3.9 million that was fully accrued at December 31, 2014. Substantially all outstanding accounts receivable as of December 31, 2014 related to this contract have been received.

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Income Taxes

6 Months Ended

Jun. 30, 2015

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

The effective tax rate was 41.2% and 42.7% for the three and six months ended June 30, 2015, compared to 41.1% and 40.9% in the same periods of 2014. The change in rate is mainly due to the impact of foreign taxes and the effect of certain acquisition-related costs which are not deductible for tax purposes. The liability for unrecognized tax benefits was $6.0 million at June 30, 2015, and $6.7 million at December 31, 2014. Included in the liability at June 30, 2015 were $3.6 million of tax positions for which ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. In the current quarter, the Company concluded the examinations of our 2012 and 2013 federal income tax returns.  The impact of these examinations on our financial statements was not material.

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Exit and Realignment Costs

6 Months Ended

Jun. 30, 2015

Restructuring and Related Activities [Abstract]

Exit and Realignment Costs

Exit and Realignment Costs

We periodically incur exit and realignment and other charges associated with optimizing our operations, which includes the consolidation of certain distribution and logistics centers, administrative offices and warehouses in the United States and Europe. These charges also include costs associated with our strategic organizational realignment which include management changes, certain professional fees and costs to streamline administrative functions and processes.

Exit and realignment charges by segment for the three and six months ended June 30, 2015 and 2014 were as follows:

	Three Months Ended June 30,					Six Months Ended June 30,
	2015			2014		2015		2014
Domestic segment	$	(124	)	$	2,303	$	2,515	$	3,596
International segment	4,045			1,801		8,717		3,131
Total exit and realignment charges	$	3,921		$	4,104	$	11,232	$	6,727

The following table summarizes the activity related to exit and realignment cost accruals through June 30, 2015 and 2014:

	Lease Obligations			Severance and Other			Total
Accrued exit and realignment costs, December 31, 2014	$	3,575		$	2,887		$	6,462
Provision for exit and realignment activities	256			142			398
Cash payments, net of sublease income	(385		)	(873		)	(1,258		)
Accrued exit and realignment costs, March 31, 2015	3,446			2,156			5,602
Provision for exit and realignment activities	572			392			964
Cash payments, net of sublease income	(349		)	(1,171		)	(1,520		)
Accrued exit and realignment costs, June 30, 2015	$	3,669		$	1,377		$	5,046
Accrued exit and realignment costs, December 31, 2013	$	2,434		$	475		$	2,909
Provision for exit and realignment activities	532			807			1,339
Cash payments, net of sublease income	(411		)	(327		)	(738		)
Accrued exit and realignment costs, March 31, 2014	2,555			955			3,510
Provision for exit and realignment activities	6			2,236			2,242
Cash payments, net of sublease income	(383		)	(1,095		)	(1,478		)
Accrued exit and realignment costs, June 30, 2014	$	2,178		$	2,096		$	4,274

In addition to the exit and realignment accruals in the preceding table, we also incurred $2.9 million of costs that were expensed as incurred for the three months ended June 30, 2015, including $1.2 million in accelerated amortization of an information system that has been replaced, $0.8 million in property related costs, $0.7 million in information systems costs, and $0.2 million in other costs. In the first quarter of 2015, we also incurred $6.9 million of costs that were expensed as incurred, including $3.0 million in accelerated amortization of an information system that has been replaced, $1.8 million in facility costs, $1.3 million in labor costs, $0.3 million in information systems costs and $0.5 million in other costs.

For the three months ended June 30, 2014, we recognized $1.9 million in costs that were expensed as incurred, including $0.9 million in property related costs, $0.7 million in labor costs, and $0.2 million in information technology costs. Additional expense in the first quarter of 2014 of $1.3 million were comprised of $0.5 million in relocation costs, $0.5 million in property related costs, and $0.3 million in labor and other costs.

We expect additional exit and realignment charges of approximately $1.7 million over the remainder of 2015 for activities initiated in the Domestic and International segments through June 30, 2015.

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Financing Receivables and Payables

6 Months Ended

Jun. 30, 2015

Receivables [Abstract]

Financing Receivables and Payables

Financing Receivables and Payables

At June 30, 2015 and December 31, 2014, we had financing receivables of $157.5 million and $196.2 million and related payables of $136.5 million and $168.8 million outstanding under our order-to-cash program and product financing arrangements, which were included in other current assets and other current liabilities, respectively, in the consolidated balance sheets.

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Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

The following table summarizes the changes in the carrying amount of goodwill through June 30, 2015:

	Domestic Segment		International Segment			Total
Carrying amount of goodwill, December 31, 2014	$	377,089	$	46,187		$	423,276
Currency translation adjustments	—		(2,289		)	(2,289		)
Acquisitions (see Note 3)	773		—			773
Carrying amount of goodwill, June 30, 2015	$	377,862	$	43,898		$	421,760

Intangible assets at June 30, 2015, and December 31, 2014, were as follows:

	June 30, 2015						December 31, 2014
	Customer Relationships			Other Intangibles			Customer Relationships			Other Intangibles
Gross intangible assets	$	123,222		$	2,695		$	125,448		$	3,405
Accumulated amortization	(24,905		)	(108		)	(19,773		)	(487		)
Net intangible assets	$	98,317		$	2,587		$	105,675		$	2,918

At June 30, 2015, $63.2 million in net intangible assets were held in the Domestic segment and $37.7 million were held in the International segment. Amortization expense for intangible assets was $2.4 million and $1.1 million for the three months ended June 30, 2015 and 2014 and $4.9 million and $2.2 million for the six months ended June 30, 2015 and 2014.

Based on the current carrying value of intangible assets subject to amortization, estimated amortization expense is $5.0 million for the remainder of 2015, $10.2 million for 2016, $10.0 million for 2017, $9.4 million for 2018, $9.3 million for 2019 and $9.3 million for 2020.

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Retirement Plans

6 Months Ended

Jun. 30, 2015

Compensation and Retirement Disclosure [Abstract]

Retirement Plans

Retirement Plans

We have a noncontributory, unfunded retirement plan for certain officers and other key employees in the United States. Certain of our foreign subsidiaries also have defined benefit pension plans covering substantially all of their respective employees.

The components of net periodic benefit cost, which are included in selling, general and administrative expenses, for the three and six months ended June 30, 2015 and 2014, were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
Service cost	$	32	$	40	$	65	$	75
Interest cost	464		482		929		965
Recognized net actuarial loss	401		202		802		406
Net periodic benefit cost	$	897	$	724	$	1,796	$	1,446

Certain of our foreign subsidiaries have health and welfare plans covering substantially all of their respective employees. Our expense for these plans totaled $0.5 million and $0.5 million for the three months ended June 30, 2015 and 2014 and $1.0 million and $1.0 million for the six months ended June 30, 2015 and 2014.

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Segment Information (Tables)

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Financial Information by Segment

⁽¹⁾ The three and six months ended June 30, 2015 include $1.2 million and $4.2 million, respectively in accelerated amortization related to an information system that is being replaced.

The following tables present financial information by segment:

	Three Months Ended   June 30,						Six Months Ended   June 30,
	2015			2014			2015			2014
Net revenue:
Domestic	$	2,317,661		$	2,187,535		$	4,603,296		$	4,336,451
International	104,506			118,323			210,067			225,788
Consolidated net revenue	$	2,422,167		$	2,305,858		$	4,813,363		$	4,562,239
Operating earnings (loss):
Domestic	$	52,390		$	48,317		$	102,901		$	101,053
International	1,177			(3,623		)	1,557			(6,811		)
Acquisition-related and exit and realignment charges (1)	(5,707		)	(7,593		)	(15,623		)	(10,855		)
Consolidated operating earnings	$	47,860		$	37,101		$	88,835		$	83,387
Depreciation and amortization:
Domestic	$	10,504		$	8,812		$	21,242		$	17,787
International	5,277			5,080			10,708			9,969
Consolidated depreciation and amortization	$	15,781		$	13,892		$	31,950		$	27,756
Capital expenditures:
Domestic	$	3,384		$	18,858		$	12,035		$	29,033
International	7,875			5,737			10,790			9,790
Consolidated capital expenditures	$	11,259		$	24,595		$	22,825		$	38,823

Consolidated Total Assets

	June 30, 2015		December 31, 2014
Total assets:
Domestic	$	2,130,996	$	2,139,972
International	462,941		538,662
Segment assets	2,593,937		2,678,634
Cash and cash equivalents	200,969		56,772
Consolidated total assets	$	2,794,906	$	2,735,406

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Changes in Accumulated Income Loss by Component (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss),Beginning Balance	$ (51,646)	$ 10,133	$ (24,001)	$ 9,568
Other comprehensive income (loss) before reclassifications	6,606	(541)	(21,335)	(72)
Other Comprehensive Income (Loss) before Reclassifications, Tax	0	0	0	0
Other comprehensive income (loss) before reclassifications, net of tax	6,606	(541)	(21,335)	(72)
Amounts reclassified from accumulated other comprehensive income (loss)	393	180	833	364
Reclassification from AOCI, Current Period, Tax	(141)	(82)	(285)	(170)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	252	98	548	194
Total other comprehensive income (loss), net of tax	6,858	(443)	(20,787)	122
Accumulated other comprehensive income (loss),Ending Balance	(44,788)	9,690	(44,788)	9,690
Defined Benefit Pension Plans
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss),Beginning Balance	(10,065)	(6,372)	(10,323)	(6,479)
Other comprehensive income (loss) before reclassifications	0	0	0	0
Other Comprehensive Income (Loss) before Reclassifications, Tax	0	0	0	0
Other comprehensive income (loss) before reclassifications, net of tax	0	0	0	0
Amounts reclassified from accumulated other comprehensive income (loss)	401	202	803	405
Reclassification from AOCI, Current Period, Tax	(141)	(90)	(285)	(186)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	260	112	518	219
Total other comprehensive income (loss), net of tax	260	112	518	219
Accumulated other comprehensive income (loss),Ending Balance	(9,805)	(6,260)	(9,805)	(6,260)
Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss),Beginning Balance	(41,588)	16,359	(13,647)	15,892
Other comprehensive income (loss) before reclassifications	6,606	(570)	(21,335)	(103)
Other Comprehensive Income (Loss) before Reclassifications, Tax	0	0	0	0
Other comprehensive income (loss) before reclassifications, net of tax	6,606	(570)	(21,335)	(103)
Total other comprehensive income (loss), net of tax	6,606	(570)	(21,335)	(103)
Accumulated other comprehensive income (loss),Ending Balance	(34,982)	15,789	(34,982)	15,789
Other
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss),Beginning Balance	7	146	(31)	155
Other comprehensive income (loss) before reclassifications	0	29	0	31
Other comprehensive income (loss) before reclassifications, net of tax	0	29	0	31
Amounts reclassified from accumulated other comprehensive income (loss)	(8)	(22)	30	(41)
Reclassification from AOCI, Current Period, Tax	0	8	0	16
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	(8)	(14)	30	(25)
Total other comprehensive income (loss), net of tax	(8)	15	30	6
Accumulated other comprehensive income (loss),Ending Balance	$ (1)	$ 161	$ (1)	$ 161

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Shareholders' Equity

6 Months Ended

Jun. 30, 2015

Equity [Abstract]

Shareholders' Equity

Shareholders’ Equity

Our Board of Directors has authorized a share repurchase program of up to $100 million of our outstanding common stock to be executed at the discretion of management over a three-year period, expiring in February 2017. The program is intended, in part, to offset shares issued in conjunction with our stock incentive plans and return capital to shareholders. The program may be suspended or discontinued at any time. During the six months ended June 30, 2015, we repurchased in open-market transactions and retired approximately 0.2 million shares of our common stock for an aggregate of $7.4 million, or an average price per share of $33.82. As of June 30, 2015, we have approximately $82.6 million remaining under the repurchase program. We have elected to allocate any excess of share repurchase price over par value to retained earnings.

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Recent Accounting Pronouncements

6 Months Ended

Jun. 30, 2015

Accounting Changes and Error Corrections [Abstract]

Recent Accounting Pronouncements

Recent Accounting Pronouncements

There has been no change in our significant accounting policies from those contained in our Annual Report on Form 10-K for the year ended December 31, 2014. There are no new accounting pronouncements that we anticipate will have a material impact on our financial statements.

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Summary of Calculation of Net Income Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Numerator:
Net income	$ 24,226	$ 19,876	$ 43,166	$ 45,362
Less: income allocated to unvested restricted shares	(195)	(159)	(359)	(345)
Net income attributable to common shareholders - basic	24,031	19,717	42,807	45,017
Add: undistributed income attributable to unvested restricted shares - basic	42	19	63	68
Less: undistributed income attributable to unvested restricted shares - diluted	(42)	(19)	(63)	(68)
Net income attributable to common shareholders - diluted	$ 24,031	$ 19,717	$ 42,807	$ 45,017
Denominator:
Weighted average shares outstanding - basic (in shares)	62,226	62,311	62,281	62,271
Dilutive shares - stock options (in shares)	0	5	1	9
Weighted average shares outstanding - diluted (in shares)	62,226	62,316	62,282	62,280
Net income per share attributable to common shareholders:
Basic (in usd per share)	$ 0.39	$ 0.32	$ 0.69	$ 0.72
Diluted (in usd per share)	$ 0.39	$ 0.32	$ 0.69	$ 0.72

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Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net	$ 100,904		$ 100,904		$ 108,593
Amortization expense for intangible assets	2,400	$ 1,100	4,900	$ 2,200
Estimated amortization expense for the remainder of 2015	5,000		5,000
Estimated amortization expense for 2016	10,200		10,200
Estimated amortization expense for 2017	10,000		10,000
Estimated amortization expense for 2018	9,400		9,400
Estimated amortization expense for 2019	9,300		9,300
Estimated amortization expense for 2020	9,300		9,300
Domestic Segment
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net	63,200		63,200
International Segment
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net	$ 37,700		$ 37,700

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Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets
Cash and cash equivalents	$ 200,969	$ 56,772
Accounts and notes receivable, net of allowances of $13,220 and $13,306	580,739	626,192
Merchandise inventories	903,501	872,457
Other current assets	275,481	315,285
Total current assets	1,960,690	1,870,706
Property and equipment, net of accumulated depreciation of $173,278 and $163,377	219,372	232,979
Goodwill, net	421,760	423,276
Intangible assets, net	100,904	108,593
Other assets, net	92,180	99,852
Total assets	2,794,906	2,735,406
Current liabilities
Accounts payable	753,495	608,846
Accrued payroll and related liabilities	34,797	31,507
Deferred income taxes	41,378	37,979
Other accrued liabilities	288,432	326,223
Total current liabilities	1,118,102	1,004,555
Long-term debt, excluding current portion	574,623	608,551
Deferred income taxes	62,282	63,901
Other liabilities	62,772	67,561
Total liabilities	$ 1,817,779	$ 1,744,568
Commitments and contingencies
Owens & Minor, Inc. shareholders’ equity:
Common stock, par value $2 per share; authorized - 200,000 shares; issued and outstanding - 63,018 shares and 63,070 shares	$ 126,036	$ 126,140
Paid-in capital	205,727	202,934
Retained earnings	690,152	685,765
Accumulated other comprehensive income	(44,788)	(24,001)
Total equity	977,127	990,838
Total liabilities and equity	$ 2,794,906	$ 2,735,406

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Basis of Presentation and Use of Estimates

6 Months Ended

Jun. 30, 2015

Accounting Policies [Abstract]

Basis of Presentation and Use of Estimates

Basis of Presentation and Use of Estimates

Basis of Presentation

The accompanying unaudited consolidated financial statements include the accounts of Owens & Minor, Inc. and the subsidiaries it controls (we, us, or our) and contain all adjustments (which are comprised only of normal recurring accruals and use of estimates) necessary to conform with U.S. generally accepted accounting principles (GAAP). All significant intercompany accounts and transactions have been eliminated. The results of operations for interim periods are not necessarily indicative of the results expected for the full year.

Reclassifications

Certain prior year amounts have been reclassified to conform to current year presentation.

Use of Estimates

The preparation of consolidated financial statements in conformity with GAAP requires us to make assumptions and estimates that affect reported amounts and related disclosures. Actual results may differ from these estimates.

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Condensed Consolidating Financial Information (Condensed Consolidating Balance Sheet) (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Current assets
Cash and cash equivalents	$ 200,969		$ 56,772	$ 92,027		$ 101,905
Accounts and notes receivable, net	580,739		626,192
Merchandise inventories	903,501		872,457
Other current assets	275,481		315,285
Total current assets	1,960,690		1,870,706
Property and equipment, net	219,372		232,979
Goodwill, net	421,760		423,276
Intangible assets, net	100,904		108,593
Due from O&M and subsidiaries	0		0
Advances to and investment in consolidated subsidiaries	0		0
Other assets, net	92,180		99,852
Total assets	2,794,906		2,735,406
Current liabilities
Accounts payable	753,495		608,846
Accrued payroll and related liabilities	34,797		31,507
Deferred income taxes	41,378		37,979
Other accrued liabilities	288,432		326,223
Total current liabilities	1,118,102		1,004,555
Long-term debt, excluding current portion	574,623		608,551
Due to O&M and subsidiaries	0		0
Intercompany debt	0		0
Deferred income taxes	62,282		63,901
Other liabilities	62,772		67,561
Total liabilities	1,817,779		1,744,568
Equity
Common stock	126,036		126,140
Paid-in capital	205,727		202,934
Retained earnings (deficit)	690,152		685,765
Accumulated other comprehensive income	(44,788)	$ (51,646)	(24,001)	9,690	$ 10,133	9,568
Total equity	977,127		990,838	1,031,385		1,025,043
Total liabilities and equity	2,794,906		2,735,406
Owens & Minor, Inc.
Current assets
Cash and cash equivalents	105,427		22,013	56,792		74,391
Accounts and notes receivable, net	0		0
Merchandise inventories	0		0
Other current assets	299		(24,748)
Total current assets	105,726		(2,735)
Property and equipment, net	0		0
Goodwill, net	0		0
Intangible assets, net	0		0
Due from O&M and subsidiaries	0		0
Advances to and investment in consolidated subsidiaries	1,897,461		1,893,767
Other assets, net	4,347		4,637
Total assets	2,007,534		1,895,669
Current liabilities
Accounts payable	0		0
Accrued payroll and related liabilities	0		0
Deferred income taxes	0		0
Other accrued liabilities	7,004		6,441
Total current liabilities	7,004		6,441
Long-term debt, excluding current portion	547,905		547,763
Due to O&M and subsidiaries	475,498		350,627
Intercompany debt	0		0
Deferred income taxes	0		0
Other liabilities	0		0
Total liabilities	1,030,407		904,831
Equity
Common stock	126,036		126,140
Paid-in capital	205,727		202,934
Retained earnings (deficit)	690,152		685,765
Accumulated other comprehensive income	(44,788)		(24,001)
Total equity	977,127		990,838
Total liabilities and equity	2,007,534		1,895,669
Guarantor Subsidiaries
Current assets
Cash and cash equivalents	46,639		3,912	13,098		2,012
Accounts and notes receivable, net	485,256		519,951
Merchandise inventories	852,396		816,915
Other current assets	94,214		90,733
Total current assets	1,478,505		1,431,511
Property and equipment, net	108,373		110,076
Goodwill, net	247,271		247,271
Intangible assets, net	14,768		15,805
Due from O&M and subsidiaries	513,448		357,304
Advances to and investment in consolidated subsidiaries	0		0
Other assets, net	62,413		66,836
Total assets	2,424,778		2,228,803
Current liabilities
Accounts payable	713,907		567,285
Accrued payroll and related liabilities	23,485		16,434
Deferred income taxes	43,160		39,667
Other accrued liabilities	99,024		83,698
Total current liabilities	879,576		707,084
Long-term debt, excluding current portion	5,395		39,915
Due to O&M and subsidiaries	0		0
Intercompany debt	138,890		138,890
Deferred income taxes	32,974		33,162
Other liabilities	55,155		55,794
Total liabilities	1,111,990		974,845
Equity
Common stock	0		0
Paid-in capital	241,877		241,877
Retained earnings (deficit)	1,080,701		1,022,379
Accumulated other comprehensive income	(9,790)		(10,298)
Total equity	1,312,788		1,253,958
Total liabilities and equity	2,424,778		2,228,803
Non-guarantor Subsidiaries
Current assets
Cash and cash equivalents	48,903		30,847	22,137		25,502
Accounts and notes receivable, net	105,346		144,463
Merchandise inventories	55,272		60,061
Other current assets	179,717		224,220
Total current assets	389,238		459,591
Property and equipment, net	110,999		122,903
Goodwill, net	174,489		176,005
Intangible assets, net	86,136		92,788
Due from O&M and subsidiaries	0		0
Advances to and investment in consolidated subsidiaries	0		0
Other assets, net	25,420		28,379
Total assets	786,282		879,666
Current liabilities
Accounts payable	48,470		54,898
Accrued payroll and related liabilities	11,312		15,073
Deferred income taxes	(1,782)		(1,688)
Other accrued liabilities	182,404		236,084
Total current liabilities	240,404		304,367
Long-term debt, excluding current portion	21,323		20,873
Due to O&M and subsidiaries	77,464		77,788
Intercompany debt	0		0
Deferred income taxes	29,308		30,739
Other liabilities	7,617		11,767
Total liabilities	376,116		445,534
Equity
Common stock	0		0
Paid-in capital	514,314		514,314
Retained earnings (deficit)	(69,099)		(66,479)
Accumulated other comprehensive income	(35,049)		(13,703)
Total equity	410,166		434,132
Total liabilities and equity	786,282		879,666
Eliminations
Current assets
Cash and cash equivalents	0		0	$ 0		$ 0
Accounts and notes receivable, net	(9,863)		(38,222)
Merchandise inventories	(4,167)		(4,519)
Other current assets	1,251		25,080
Total current assets	(12,779)		(17,661)
Property and equipment, net	0		0
Goodwill, net	0		0
Intangible assets, net	0		0
Due from O&M and subsidiaries	(513,448)		(357,304)
Advances to and investment in consolidated subsidiaries	(1,897,461)		(1,893,767)
Other assets, net	0		0
Total assets	(2,423,688)		(2,268,732)
Current liabilities
Accounts payable	(8,882)		(13,337)
Accrued payroll and related liabilities	0		0
Deferred income taxes	0		0
Other accrued liabilities	0		0
Total current liabilities	(8,882)		(13,337)
Long-term debt, excluding current portion	0		0
Due to O&M and subsidiaries	(552,962)		(428,415)
Intercompany debt	(138,890)		(138,890)
Deferred income taxes	0		0
Other liabilities	0		0
Total liabilities	(700,734)		(580,642)
Equity
Common stock	0		0
Paid-in capital	(756,191)		(756,191)
Retained earnings (deficit)	(1,011,602)		(955,900)
Accumulated other comprehensive income	44,839		24,001
Total equity	(1,722,954)		(1,688,090)
Total liabilities and equity	$ (2,423,688)		$ (2,268,732)

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Basis of Presentation and Use of Estimates (Policies)

6 Months Ended

Jun. 30, 2015

Accounting Policies [Abstract]

Basis of Presentation

Basis of Presentation

The accompanying unaudited consolidated financial statements include the accounts of Owens & Minor, Inc. and the subsidiaries it controls (we, us, or our) and contain all adjustments (which are comprised only of normal recurring accruals and use of estimates) necessary to conform with U.S. generally accepted accounting principles (GAAP). All significant intercompany accounts and transactions have been eliminated. The results of operations for interim periods are not necessarily indicative of the results expected for the full year.

Reclassifications

Reclassifications

Certain prior year amounts have been reclassified to conform to current year presentation.

Use of Estimates

Use of Estimates

The preparation of consolidated financial statements in conformity with GAAP requires us to make assumptions and estimates that affect reported amounts and related disclosures. Actual results may differ from these estimates.

Fair Value

The carrying amounts of cash and cash equivalents, accounts receivable, financing receivables, accounts payable and financing payables included in the consolidated balance sheets approximate fair value due to the short-term nature of these instruments. The fair value of long-term debt is estimated based on quoted market prices or dealer quotes for the identical liability when traded as an asset in an active market (Level 1) or, if quoted market prices or dealer quotes are not available, on the borrowing rates currently available for loans with similar terms, credit ratings and average remaining maturities (Level 2). We determine the fair value of our derivatives based on quoted market prices. See Note 8 for the fair value of long-term debt and Note 9 for the fair value of derivatives.

Share Repurchase

We have elected to allocate any excess of share repurchase price over par value to retained earnings.

Segment Reporting

We evaluate the performance of our segments based on their operating earnings excluding acquisition-related and exit and realignment charges, certain purchase price fair value adjustments, and other substantive items that, either as a result of their nature or size, would not be expected to occur as part of the our normal business operations on a regular basis.

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Financing Receivables and Payables - Additional Information (Detail) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Financing Receivables
Financing Receivables and Payables [Line Items]
Other current assets	$ 157.5	$ 196.2
Financing Payables
Financing Receivables and Payables [Line Items]
Other liabilities	$ 136.5	$ 168.8

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Net Income per Common Share

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Net Income per Common Share

Net Income per Common Share

The following summarizes the calculation of net income per common share attributable to common shareholders for the three and six months ended June 30, 2015 and 2014.

	Three Months Ended    June 30,						Six Months Ended    June 30,
(in thousands, except per share data)	2015			2014			2015			2014
Numerator:
Net income	$	24,226		$	19,876		$	43,166		$	45,362
Less: income allocated to unvested restricted shares	(195		)	(159		)	(359		)	(345		)
Net income attributable to common shareholders - basic	24,031			19,717			42,807			45,017
Add: undistributed income attributable to unvested restricted shares - basic	42			19			63			68
Less: undistributed income attributable to unvested restricted shares - diluted	(42		)	(19		)	(63		)	(68		)
Net income attributable to common shareholders - diluted	$	24,031		$	19,717		$	42,807		$	45,017
Denominator:
Weighted average shares outstanding - basic	62,226			62,311			62,281			62,271
Dilutive shares - stock options	—			5			1			9
Weighted average shares outstanding - diluted	62,226			62,316			62,282			62,280
Net income per share attributable to common shareholders:
Basic	$	0.39		$	0.32		$	0.69		$	0.72
Diluted	$	0.39		$	0.32		$	0.69		$	0.72