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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2012	Jul. 20, 2012
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q2
Trading Symbol	OMI
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
Entity Common Stock, Shares Outstanding		63,503,881

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Net revenue	$ 2,185,444	$ 2,131,448	$ 4,403,326	$ 4,255,263
Cost of goods sold	1,974,015	1,915,382	3,977,569	3,828,422
Gross margin	211,429	216,066	425,757	426,841
Selling, general, and administrative expenses	150,288	156,321	305,860	307,294
Depreciation and amortization	8,515	8,249	17,093	17,016
Other operating (income) loss, net	(551)	457	(2,245)	495
Operating earnings	53,177	51,039	105,049	102,036
Interest expense, net	3,487	3,020	6,909	6,737
Income before income taxes	49,690	48,019	98,140	95,299
Income tax provision	19,577	18,855	38,667	37,395
Net income (loss)	$ 30,113	$ 29,164	$ 59,473	$ 57,904
Net income per common share:
Basic	$ 0.48	$ 0.46	$ 0.94	$ 0.91
Diluted	0.48	0.46	0.94	0.91
Cash dividends per common share	$ 0.22	$ 0.20	$ 0.44	$ 0.40

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Net income	$ 30,113	$ 29,164	$ 59,473	$ 57,904
Other comprehensive income, net of tax:
Amounts recognized in net periodic benefit cost (net of income tax expense - $92 and $317 in 2012 and $116 and $171 in 2011)	145	181	496	267
Amounts recognized in interest expense, net (net of income tax benefit - $8 and $16 for 2012 and $8 and $16 for 2011)	(11)	(13)	(24)	(25)
Other comprehensive income	134	168	472	242
Comprehensive income	$ 30,247	$ 29,332	$ 59,945	$ 58,146

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References

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- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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- Definition

Net of tax effect change in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges after taxes. A cash flow hedge is a hedge of the exposure to variability in the cash flows of a recognized asset or liability or a forecasted transaction that is attributable to a particular risk. The change includes an entity's share of an equity investee's increase or decrease in deferred hedging gains or losses. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label.

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+ Details

- Definition

This element represents Other Comprehensive Income or Loss, Net of Tax, for the period. Includes deferred gains or losses on qualifying hedges, unrealized holding gains or losses on available-for-sale securities, minimum pension liability, and cumulative translation adjustment. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label.

+ References

+ Details

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Amounts recognized in net periodic benefit cost, income tax expense	$ 92	$ 116	$ 317	$ 171
Amounts recognized in interest expense, income tax benefit	$ (8)	$ (8)	$ (16)	$ (16)

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Current assets
Cash and cash equivalents	$ 224,937	$ 135,938
Accounts and notes receivable, net of allowances of $15,259 and $15,622	485,249	506,758
Merchandise inventories	748,847	806,366
Other current assets	72,346	76,763
Total current assets	1,531,379	1,525,825
Property and equipment, net of accumulated depreciation of $110,957 and $102,904	103,889	108,061
Goodwill, net	248,498	248,498
Intangible assets, net	21,018	22,142
Other assets, net	50,640	42,289
Total assets	1,955,424	1,946,815
Current liabilities
Accounts payable	559,718	575,793
Accrued payroll and related liabilities	17,738	20,668
Deferred income taxes	37,879	42,296
Other accrued liabilities	92,462	93,608
Total current liabilities	707,797	732,365
Long-term debt, excluding current portion	212,032	212,681
Deferred income taxes	25,467	21,894
Other liabilities	60,165	60,658
Total liabilities	1,005,461	1,027,598
Commitments and contingencies
Owens & Minor, Inc. shareholders' equity:
Preferred stock, par value $100 per share, authorized - 10,000 shares, Series A Participating Cumulative Preferred Stock; none issued
Common stock, par value $2 per share; authorized - 200,000 shares; issued and outstanding - 63,504 shares and 63,449 shares	127,008	126,900
Paid - in capital	184,627	179,052
Retained earnings	644,220	619,629
Accumulated other comprehensive loss	(7,022)	(7,494)
Total Owens & Minor, Inc. shareholders' equity	948,833	918,087
Noncontrolling interest	1,130	1,130
Total equity	949,963	919,217
Total liabilities and equity	$ 1,955,424	$ 1,946,815

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Accounts and notes receivable, allowances	$ 15,259	$ 15,622
Property and equipment, accumulated depreciation	$ 110,957	$ 102,904
Preferred stock, par value	$ 100	$ 100
Preferred stock, authorized	10,000	10,000
Preferred stock, issued
Common stock, par value	$ 2	$ 2
Common stock, authorized	200,000	200,000
Common stock, issued	63,504	63,449
Common stock, outstanding	63,504	63,449

- Definition

The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

+ References + Details

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Operating activities:
Net income	$ 59,473	$ 57,904
Adjustments to reconcile net income to cash provided by operating activities of continuing operations:
Depreciation and amortization	17,093	17,016
Provision for LIFO reserve	5,223	11,265
Share-based compensation expense	4,126	3,581
Provision for losses on accounts and notes receivable	270	758
Pension contributions		(543)
Deferred income tax benefit	(1,146)	(674)
Changes in operating assets and liabilities:
Accounts and notes receivable	21,239	(33,606)
Merchandise inventories	52,296	(42,762)
Accounts payable	(16,075)	50,033
Net change in other assets and liabilities	684	(23,321)
Other, net	(404)	114
Cash provided by operating activities of continuing operations	142,779	39,765
Investing activities:
Additions to property and equipment	(5,460)	(8,175)
Additions to computer software and intangible assets	(12,697)	(5,573)
Proceeds from sale of property and equipment	115	44
Cash used for investing activities of continuing operations	(18,042)	(13,704)
Financing activities:
Cash dividends paid	(27,956)	(25,496)
Repurchases of common stock	(7,500)	(5,086)
Financing costs paid	(1,303)
Excess tax benefits related to share-based compensation	1,160	1,761
Proceeds from exercise of stock options	3,761	7,394
Other, net	(3,900)	(4,514)
Cash used for financing activities of continuing operations	(35,738)	(25,941)
Discontinued operations:
Operating cash flows		(139)
Net cash used for discontinued operations		(139)
Net increase (decrease) in cash and cash equivalents	88,999	(19)
Cash and cash equivalents at beginning of period	135,938	159,213
Cash and cash equivalents at end of period	224,937	159,194
Supplemental disclosure of cash flow information:
Income taxes paid, net	38,113	42,987
Interest paid	$ 7,372	$ 7,445

Consolidated Statements of Changes in Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Noncontrolling Interest
Beginning Balance at Dec. 31, 2010	$ 857,518	$ 126,867	$ 165,447	$ 570,320	$ (5,116)
Beginning Balance (in shares) at Dec. 31, 2010		63,433
Net income	57,904			57,904
Other comprehensive income	242				242
Comprehensive income	58,146
Dividends declared	(25,496)			(25,496)
Shares repurchased and retired (in shares)		(152)
Shares repurchased and retired	(5,086)	$ (303)		(4,783)
Share-based compensation expense, exercises and other (in shares)		488
Share-based compensation expense, exercises and other	10,697	$ 975	9,722
Ending Balance at Jun. 30, 2011	895,779	$ 127,539	175,169	597,945	(4,874)
Ending Balance (in shares) at Jun. 30, 2011		63,769
Beginning Balance at Dec. 31, 2011	$ 919,217	$ 126,900	179,052	619,629	(7,494)	$ 1,130
Beginning Balance (in shares) at Dec. 31, 2011	63,449	63,449
Net income	$ 59,473			59,473
Other comprehensive income	472				472
Comprehensive income	59,945
Dividends declared	$ (27,895)			(27,895)
Shares repurchased and retired (in shares)	(257)	(256)
Shares repurchased and retired	$ (7,500)	$ (513)		(6,987)
Share-based compensation expense, exercises and other (in shares)		311
Share-based compensation expense, exercises and other	6,196	$ 621	5,575
Ending Balance at Jun. 30, 2012	$ 949,963	$ 127,008	$ 184,627	$ 644,220	$ (7,022)	$ 1,130
Ending Balance (in shares) at Jun. 30, 2012	63,504	63,504

Consolidated Statements of Changes in Equity (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Dividends declared, per share	$ 0.22	$ 0.20	$ 0.44	$ 0.40

Basis of Presentation and Use of Estimates

6 Months Ended

Jun. 30, 2012

Basis of Presentation and Use of Estimates

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). For the consolidated subsidiary in which our ownership is less than 100%, the outside stockholder’s interest is presented as a noncontrolling interest. 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.

Certain prior period amounts have been reclassified to conform to the current period 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.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

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-Paragraph 8, C1, C7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Fair Value

6 Months Ended

Jun. 30, 2012

Fair Value

2.	Fair Value

The carrying amounts of cash and cash equivalents, accounts receivable and accounts payable reported 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). See Note 6 for the fair value of long-term debt.

Property held for sale is reported at estimated fair value less selling costs with fair value determined based on recent sales prices for comparable properties in similar locations (Level 2). Property held for sale of $4.2 million at June 30, 2012, and December 31, 2011, is included in other assets, net, in the consolidated balance sheets. We are actively marketing the property for sale; however, the ultimate timing of sale is dependent on local market conditions.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44A, 44B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15C, 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15A
-Subparagraph a-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15B
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 3, 10, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32, 33, 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 17-22, 27, 28
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19207-110258

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13537-108611

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-Name Accounting Standards Codification
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-SubTopic 10
-Section 50
-Paragraph 28
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-Name Accounting Standards Codification
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-Section 50
-Paragraph 10
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13504-108611

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19296-110258

+ Details

Intangible Assets

6 Months Ended

Jun. 30, 2012

Intangible Assets

3.	Intangible Assets

Intangible assets at June 30, 2012, and December 31, 2011, are as follows:


	Customer Relationships			Other Intangibles			Total
At June 30, 2012:
Gross intangible assets	$	31,622		$	4,720		$	36,342
Accumulated amortization		(10,683	)		(4,641	)		(15,324	)

Net intangible assets	$	20,939		$	79		$	21,018

At December 31, 2011:
Gross intangible assets	$	31,622		$	4,720		$	36,342
Accumulated amortization		(9,569	)		(4,631	)		(14,200	)

Net intangible assets	$	22,053		$	89		$	22,142

Amortization expense for intangible assets was $0.5 million and $0.8 million for the three months ended June 30, 2012 and 2011, and $1.1 million and $1.6 million for the six months ended June 30, 2012 and 2011.

Based on the current carrying value of intangible assets subject to amortization, estimated amortization expense is $1.0 million for the remainder of 2012 and $2.1 million annually for 2013 through 2017.

Exit and Realignment Costs

6 Months Ended

Jun. 30, 2012

Exit and Realignment Costs

4.	Exit and Realignment Costs

During the fourth quarter of 2011, we recognized total charges of $12.7 million associated with exit activities and our organizational realignment. These charges included loss accruals for operating leases of $8.4 million, employee severance costs of $3.0 million and losses on property and equipment and other expenses of $1.3 million.

The following table summarizes the activity related to exit cost accruals for the six months ended June 30, 2012:


Six months ended June 30, 2012	Lease Obligations			Severance and Other			Total
Accrued exit costs, beginning of period	$	8,264		$	1,831		$	10,095
Interest accretion		144			—			144
Cash payments, net of sublease income		(734	)		(1,770	)		(2,504	)

Accrued exit costs, end of period	$	7,674		$	61		$	7,735

There were no accruals for exit costs for the six months ended June 30, 2011.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References + Details

Retirement Plan

6 Months Ended

Jun. 30, 2012

Retirement Plan

5.	Retirement Plan

We have a noncontributory, unfunded retirement plan for certain officers and other key employees (the Retirement Plan). In February 2012, our Board of Directors amended the Retirement Plan to freeze benefit levels and modify vesting provisions under the plan effective as of March 31, 2012. As a result, we recognized a curtailment loss of $0.2 million for the six months ended June 30, 2012. The reduction of the projected benefit obligation as a result of the amendment was less than $1 million.

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, 2012 and 2011, are as follows:


	Three months ended June 30,				Six months ended June 30,
	2012		2011		2012		2011
Service cost	$	—	$	321	$	130	$	651
Interest cost		404		475		808		902
Amortization of prior service cost		—		76		—		146
Recognized net actuarial loss		237		221		495		292
Curtailment loss		—		—		234		—

Net periodic benefit cost	$	641	$	1,093	$	1,667	$	1,991

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph q
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 8
-Subparagraph m
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-2
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS106-2
-Paragraph 20, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

+ Details

Debt

6 Months Ended

Jun. 30, 2012

Debt

Debt

We have $200 million of senior notes outstanding, which mature on April 15, 2016 and bear interest at 6.35% payable semi-annually (Senior Notes). 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%. As of June 30, 2012 and December 31, 2011, the estimated fair value of the Senior Notes was $218.0 million and $217.0 million, and the related carrying amount was $206.6 million and $207.5 million. The estimated fair value interest rate used to compute the fair value of the Senior Notes at June 30, 2012 was 3.77%.

On June 5, 2012, we entered into a five-year $350 million Credit Agreement with Wells Fargo Bank, N.A., JPMorgan Chase Bank, N.A. and a syndicate of financial institutions (the Credit Agreement) expiring June 5, 2017. This agreement replaced an existing $350 million credit agreement set to expire on June 7, 2013. Under the new credit facility, we have the ability to request two one-year extensions and to request an increase in aggregate commitments by up to $150 million. The interest rate on the new credit facility, 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 Credit Agreement. We are charged a commitment fee of between 17.5 and 42.5 basis points on the unused portion of the facility. The terms of the 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. At June 30, 2012, we had no borrowings and letters of credit of $5.0 million outstanding on the revolving credit facility, leaving $345.0 million available for borrowing.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References + Details

Income Taxes

6 Months Ended

Jun. 30, 2012

Income Taxes

7.	Income Taxes

The provision for income taxes was $19.6 million and $38.7 million for the three and six months ended June 30, 2012, compared to $18.9 million and $37.4 million for the same periods in 2011. The effective tax rate was 39.4% for both the three and six months ended June 30, 2012, compared to 39.3% and 39.2% for the same periods in 2011.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

+ Details

Net Income per Common Share

6 Months Ended

Jun. 30, 2012

Net Income per Common Share

8.	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, 2012 and 2011.


	Three Months Ended June 30,						Six Months Ended June 30,
*(in thousands, except per share data)*	Three Months Ended June 30,						Six Months Ended June 30,
*(in thousands, except per share data)*	2012			2011			2012			2011
Numerator:
Net income	$	30,113		$	29,164		$	59,473		$	57,904
Less: income allocated to unvested restricted shares		(194	)		(218	)		(421	)		(599	)

Net income attributable to common shareholders—basic		29,919			28,946			59,052			57,305

Add: undistributed income attributable to unvested restricted shares—basic		87			114			176			256
Less: undistributed income attributable to unvested restricted shares—diluted		(87	)		(113	)		(175	)		(255	)

Net income attributable to common shareholders—diluted	$	29,919		$	28,947		$	59,053		$	57,306

Denominator:
Weighted average shares outstanding—basic		62,815			63,007			62,825			62,808
Dilutive shares—stock options		80			191			89			204

Weighted average shares outstanding—diluted		62,895			63,198			62,914			63,012

Net income per share attributable to common shareholders:
Basic	$	0.48		$	0.46		$	0.94		$	0.91
Diluted	$	0.48		$	0.46		$	0.94		$	0.91

Shareholders' Equity

6 Months Ended

Jun. 30, 2012

Shareholders' Equity

9.	Shareholders’ Equity

In February 2011, our Board of Directors authorized a share repurchase program of up to $50 million of our outstanding common stock to be executed at the discretion of management over a three-year period, expiring in February 2014. The program is intended to offset shares issued in conjunction with our stock incentive plans and may be suspended or discontinued at any time. During the six months ended June 30, 2012, we repurchased in open-market transactions and retired approximately 257 thousand shares of our common stock for an aggregate of $7.5 million, or an average price per share of $29.23. As of June 30, 2012, we have approximately $26.4 million remaining under the repurchase program. We have elected to allocate any excess of share repurchase price over par value to retained earnings.

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 4
-Section 08
-Paragraph d

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 1
-Section B
-Paragraph 7, 11A
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 2, 3, 4, 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-Number 5
-Paragraph 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5

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-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
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+ Details

Commitments and Contingencies

6 Months Ended

Jun. 30, 2012

Commitments and Contingencies

10.

Commitments and Contingencies

We have contractual obligations that are required to be paid to customers in the event that certain contractual performance targets are not achieved as of specified dates, generally within 36 months from inception of the contract. These contingent obligations totaled $4.2 million as of June 30, 2012. If none of the performance targets are met as of the specified dates, and customers have met their contractual commitments, payments will be due as follows: Remainder of 2012 – $0.9 million; 2013 – $2.3 million; 2014 – $0.7 million; and 2015 – $0.3 million. None of these contingent obligations were accrued at June 30, 2012, as we do not consider any of them probable. We deferred the recognition of fees that are contingent upon the company’s future performance under the terms of these contracts. As of June 30, 2012, $1.5 million of deferred revenue related to outstanding contractual performance targets is included in other accrued liabilities.

The state of California is continuing its administrative review of certain ongoing local sales tax incentives that may be available to us. Upon completion of this review, we could potentially receive tax incentive payments for all or some of the quarterly periods beginning with the first quarter of 2009. The exact amount, if any, is dependent upon a number of factors, including the timing of negotiation and execution of certain customer agreements, collection of amounts from the parties involved, the variability in sales and our operations in California. As of June 30, 2012, the estimated potential payment we may receive (and related contingent gain) related to prior periods could be more than $7 million.

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.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
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-Paragraph 1
-Subparagraph (SX 210.5-02.25)
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-Topic 825
-SubTopic 20
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

+ Details

Condensed Consolidating Financial Information

6 Months Ended

Jun. 30, 2012

Condensed Consolidating Financial Information

11.

Condensed Consolidating Financial Information

The following tables present condensed consolidating financial information for: Owens & Minor, Inc., on a combined basis; the guarantors of Owens & Minor, Inc.’s Senior Notes; and the non-guarantor subsidiaries of the Senior Notes. Separate financial statements of the guarantor subsidiaries are not presented because the guarantors are jointly, severally and unconditionally liable under the guarantees 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.

Condensed Consolidating Financial Information


For the three months ended June 30, 2012	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	2,185,444		$	5,378		$	(5,378	)	$	2,185,444
Cost of goods sold		—			1,974,114			5,053			(5,152	)		1,974,015

Gross margin		—			211,330			325			(226	)		211,429
Selling, general and administrative expenses		183			149,542			563			—			150,288
Depreciation and amortization		—			8,494			21			—			8,515
Other operating income, net		—			(414	)		(137	)		—			(551	)

Operating (loss) earnings		(183	)		53,708			(122	)		(226	)		53,177
Interest expense (income), net		4,797			(1,334	)		24			—			3,487

(Loss) income before income taxes		(4,980	)		55,042			(146	)		(226	)		49,690
Income tax (benefit) provision		(1,963	)		21,569			(29	)		—			19,577
Equity in earnings of subsidiaries		33,130			—			—			(33,130	)		—

Net income (loss)		30,113			33,473			(117	)		(33,356	)		30,113
Other comprehensive income		134			145			—			(145	)		134

Comprehensive income	$	30,247		$	33,618		$	(117	)	$	(33,501	)	$	30,247


For the three months ended June 30, 2011	Owens & Minor, Inc.			Guarantor Subsidiaries		Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	2,131,448	$	—		$	—		$	2,131,448
Cost of goods sold		—			1,915,382		—			—			1,915,382

Gross margin		—			216,066		—			—			216,066
Selling, general and administrative expenses		415			155,944		(38	)		—			156,321
Depreciation and amortization		—			8,249		—			—			8,249
Other operating expense, net		—			457		—			—			457

Operating (loss) earnings		(415	)		51,416		38			—			51,039
Interest expense, net		1,937			1,064		19			—			3,020

(Loss) income before income taxes		(2,352	)		50,352		19			—			48,019
Income tax (benefit) provision		(923	)		19,728		50			—			18,855
Equity in earnings of subsidiaries		30,593			—		—			(30,593	)		—

Net income (loss)		29,164			30,624		(31	)		(30,593	)		29,164
Other comprehensive income		168			181		—			(181	)		168

Comprehensive income	$	29,332		$	30,805	$	(31	)	$	(30,774	)	$	29,332

Condensed Consolidating Financial Information


For the six months ended June 30, 2012	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	4,403,326		$	6,718		$	(6,718	)	$	4,403,326
Cost of goods sold		—			3,977,692			6,318			(6,441	)		3,977,569

Gross margin		—			425,634			400			(277	)		425,757
Selling, general and administrative expenses		655			304,210			995			—			305,860
Depreciation and amortization		—			17,058			35			—			17,093
Other operating income, net		—			(2,111	)		(134	)		—			(2,245	)

Operating (loss) earnings		(655	)		106,477			(496	)		(277	)		105,049
Interest expense (income), net		7,567			(705	)		47			—			6,909

(Loss) income before income taxes		(8,222	)		107,182			(543	)		(277	)		98,140
Income tax (benefit) provision		(3,234	)		42,014			(113	)		—			38,667
Equity in earnings of subsidiaries		64,461			—			—			(64,461	)		—

Net income (loss)		59,473			65,168			(430	)		(64,738	)		59,473
Other comprehensive income		472			496			—			(496	)		472

Comprehensive income	$	59,945		$	64,672		$	(430	)	$	(65,234	)	$	59,945


For the six months ended June 30, 2011	Owens & Minor, Inc.			Guarantor Subsidiaries		Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	4,255,137	$	126		$	—		$	4,255,263
Cost of goods sold		—			3,828,406		16			—			3,828,422

Gross margin		—			426,731		110			—			426,841
Selling, general and administrative expenses		853			306,186		255			—			307,294
Depreciation and amortization		—			17,016		—			—			17,016
Other operating expense (income), net		148			355		(8	)		—			495

Operating (loss) earnings		(1,001	)		103,174		(137	)		—			102,036
Interest expense, net		4,762			1,940		35			—			6,737

(Loss) income before income taxes		(5,763	)		101,234		(172	)		—			95,299
Income tax (benefit) provision		(2,262	)		39,681		(24	)		—			37,395
Equity in earnings of subsidiaries		61,405			—		—			(61,405	)		—

Net income (loss)		57,904			61,553		(148	)		(61,405	)		57,904
Other comprehensive income		242			267		—			(267	)		242

Comprehensive income	$	58,146		$	61,820	$	(148	)	$	(61,672	)	$	58,146

Condensed Consolidating Financial Information


June 30, 2012	Owens & Minor, Inc.			Guarantor Subsidiaries			Non- guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	214,248		$	9,362		$	1,327		$	—		$	224,937
Accounts and notes receivable, net		—			482,803			2,446			—			485,249
Merchandise inventories		—			749,123			—			(276	)		748,847
Other current assets		309			71,987			51			(1	)		72,346

Total current assets		214,557			1,313,275			3,824			(277	)		1,531,379
Property and equipment, net		—			103,723			166			—			103,889
Goodwill, net		—			247,271			1,227			—			248,498
Intangible assets, net		—			21,018			—			—			21,018
Due from O&M and subsidiaries		—			220,236			40,405			(260,641	)		—
Advances to and investments in consolidated subsidiaries		1,207,551			—			—			(1,207,551	)		—
Other assets, net		687			49,687			266			—			50,640

Total assets	$	1,422,795		$	1,955,210		$	45,888		$	(1,468,469	)	$	1,955,424

Liabilities and equity
Current liabilities
Accounts payable	$	—		$	556,915		$	2,803		$	—		$	559,718
Accrued payroll and related liabilities		—			17,618			120			—			17,738
Deferred income taxes		—			37,879			—			—			37,879
Other accrued liabilities		6,705			85,827			(70	)		—			92,462

Total current liabilities		6,705			698,239			2,853			—			707,797
Long-term debt, excluding current portion		206,616			5,416			—			—			212,032
Due to O&M and subsidiaries		260,641			—			—			(260,641	)		—
Intercompany debt		—			138,890			—			(138,890	)		—
Deferred income taxes		—			25,467			—			—			25,467
Other liabilities		—			60,165			—			—			60,165

Total liabilities		473,962			928,177			2,853			(399,531	)		1,005,461

Equity
Common stock		127,008			—			1,500			(1,500	)		127,008
Paid-in capital		184,627			242,024			64,314			(306,338	)		184,627
Retained earnings (deficit)		644,220			792,219			(23,909	)		(768,310	)		644,220
Accumulated other comprehensive loss		(7,022	)		(7,210	)		—			7,210			(7,022	)

Total Owens & Minor, Inc. shareholders’ equity		948,833			1,027,033			41,905			(1,068,938	)		948,833
Noncontrolling interest		—			—			1,130			—			1,130

Total equity		948,833			1,027,033			43,035			(1,068,938	)		949,963

Total liabilities and equity	$	1,422,795		$	1,955,210		$	45,888		$	(1,468,469	)	$	1,955,424

Condensed Consolidating Financial Information


December 31, 2011	Owens & Minor, Inc.			Guarantor Subsidiaries			Non- guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	120,010		$	14,809		$	1,119		$	—		$	135,938
Accounts and notes receivable, net		—			506,633			125			—			506,758
Merchandise inventories		—			806,281			85			—			806,366
Other current assets		139			76,696			35			(107	)		76,763

Total current assets		120,149			1,404,419			1,364			(107	)		1,525,825
Property and equipment, net		—			107,878			183			—			108,061
Goodwill, net		—			247,271			1,227			—			248,498
Intangible assets, net		—			22,142			—			—			22,142
Due from O&M and subsidiaries		—			—			40,888			(40,888	)		—
Advances to and investments in consolidated subsidiaries		1,142,592			—			—			(1,142,592	)		—
Other assets, net		779			41,373			137			—			42,289

Total assets	$	1,263,520		$	1,823,083		$	43,799		$	(1,183,587	)	$	1,946,815

Liabilities and equity
Current liabilities
Accounts payable	$	113,100		$	462,604		$	89		$	—		$	575,793
Accrued payroll and related liabilities		—			20,653			15			—			20,668
Deferred income taxes		—			42,296			—			—			42,296
Other accrued liabilities		6,505			86,980			230			(107	)		93,608

Total current liabilities		119,605			612,533			334			(107	)		732,365
Long-term debt, excluding current portion		207,480			5,201			—			—			212,681
Due to O&M and subsidiaries		18,348			22,540			—			(40,888	)		—
Intercompany debt		—			138,890			—			(138,890	)		—
Deferred income taxes		—			21,894			—			—			21,894
Other liabilities		—			60,658			—			—			60,658

Total liabilities		345,433			861,716			334			(179,885	)		1,027,598

Equity
Common stock		126,900			—			1,500			(1,500	)		126,900
Paid-in capital		179,052			242,024			64,314			(306,338	)		179,052
Retained earnings (deficit)		619,629			727,050			(23,479	)		(703,571	)		619,629
Accumulated other comprehensive loss		(7,494	)		(7,707	)		—			7,707			(7,494	)

Total Owens & Minor, Inc. shareholders’ equity		918,087			961,367			42,335			(1,003,702	)		918,087
Noncontrolling interest		—			—			1,130			—			1,130

Total equity		918,087			961,367			43,465			(1,003,702	)		919,217

Total liabilities and equity	$	1,263,520		$	1,823,083		$	43,799		$	(1,183,587	)	$	1,946,815

Condensed Consolidating Financial Information


Six months ended June 30, 2012	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Cash Flows
Operating activities:
Net income (loss)	$	59,473		$	65,168		$	(430	)	$	(64,738	)	$	59,473
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries		(64,461	)		—			—			64,461			—
Depreciation and amortization		—			17,058			35			—			17,093
Provision for LIFO Reserve		—			5,223			—			—			5,223
Share-based compensation expense		—			4,126			—			—			4,126
Provision for losses on accounts and notes receivable		—			270			—			—			270
Deferred income tax benefit		—			(1,146	)		—			—			(1,146	)
Changes in operating assets and liabilities:
Accounts and notes receivable		—			23,560			(2,218	)		(103	)		21,239
Merchandise inventories		—			51,935			85			276			52,296
Accounts payable		(113,100	)		94,311			2,714			—			(16,075	)
Net change in other assets and liabilities		19			874			(313	)		104			684
Other, net		(862	)		596			(138	)		—			(404	)

Cash (used for) provided by operating activities		(118,931	)		261,975			(265	)		—			142,779

Investing activities:
Additions to property and equipment		—			(5,452	)		(8	)		—			(5,460	)
Additions to computer software and intangible assets		—			(12,695	)		(2	)		—			(12,697	)
Proceeds from sale of property and equipment		—			115			—			—			115

Cash used for investing activities		—			(18,032	)		(10	)		—			(18,042	)

Financing activities:
Change in intercompany advances		246,583			(247,066	)		483			—			—
Cash dividends paid		(27,956	)		—			—			—			(27,956	)
Repurchases of common stock		(7,500	)		—			—			—			(7,500	)
Financing costs paid		—			(1,303	)		—			—			(1,303	)
Excess tax benefits related to share-based compensation		1,160			—			—			—			1,160
Proceeds from exercise of stock options		3,761			—			—			—			3,761
Other, net		(2,879	)		(1,021	)		—			—			(3,900	)

Cash provided by (used for) financing activities		213,169			(249,390	)		483			—			(35,738	)

Net increase in cash and cash equivalents		94,238			(5,447	)		208			—			88,999
Cash and cash equivalents at beginning of period		120,010			14,809			1,119			—			135,938

Cash and cash equivalents at end of period	$	214,248		$	9,362		$	1,327		$	—		$	224,937

Condensed Consolidating Financial Information


Six months ended June 30, 2011	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Cash Flows
Operating activities:
Net income (loss)	$	57,904		$	61,553		$	(148	)	$	(61,405	)	$	57,904
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries		(61,405	)		—			—			61,405			—
Depreciation and amortization		—			17,016			—			—			17,016
Provision for LIFO reserve		—			11,265			—			—			11,265
Share-based compensation expense		—			3,581			—			—			3,581
Provision for losses on accounts and notes receivable		—			758			—			—			758
Pension contributions		—			(543	)		—			—			(543	)
Deferred income tax benefit		—			(674	)		—			—			(674	)
Changes in operating assets and liabilities:
Accounts and notes receivable		313			(33,919	)		—			—			(33,606	)
Merchandise inventories		—			(42,762	)		—			—			(42,762	)
Accounts payable		74,300			(24,268	)		1			—			50,033
Net change in other assets and liabilities		412			(23,284	)		(449	)		—			(23,321	)
Other, net		122			(8	)		—			—			114

Cash provided by (used for) operating activities		71,646			(31,285	)		(596	)		—			39,765

Investing activities:
Additions to property and equipment		—			(8,175	)		—			—			(8,175	)
Additions to computer software and intangible assets		—			(5,573	)		—			—			(5,573	)
Proceeds from the sale of property and equipment		—			44			—			—			44

Cash used for investing activities		—			(13,704	)		—			—			(13,704	)

Financing activities:
Change in intercompany advances		(46,828	)		46,077			751			—			—
Cash dividends paid		(25,496	)		—			—			—			(25,496	)
Repurchases of common stock		(5,086	)		—			—			—			(5,086	)
Excess tax benefits related to share-based compensation		1,761			—			—			—			1,761
Proceeds from exercise of stock options		7,394			—			—			—			7,394
Other, net		(3,503	)		(1,011	)		—			—			(4,514	)

Cash (used for) provided by financing activities		(71,758	)		45,066			751			—			(25,941	)

Discontinued operations:
Operating cash flows		—			—			(139	)		—			(139	)

Net cash used for discontinued operations		—			—			(139	)		—			(139	)

Net (decrease) increase in cash and cash equivalents		(112	)		77			16			—			(19	)
Cash and cash equivalents at beginning of period		156,897			2,316			—			—			159,213

Cash and cash equivalents at end of period	$	156,785		$	2,393		$	16		$	—		$	159,194

Recent Accounting Pronouncements

6 Months Ended

Jun. 30, 2012

Recent Accounting Pronouncements

12.

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, 2011, except as discussed below.

We adopted an Accounting Standard Update (ASU) issued by the Financial Accounting Standards Board (FASB) for fair value measurement. This update amends and clarifies certain measurement principles and disclosure requirements for fair value measurement. The adoption of this guidance did not have an impact on our financial position or results of operations.

We adopted an ASU regarding the presentation of comprehensive income. This update requires entities to report comprehensive income in either a continuous statement of comprehensive income or two separate but consecutive statements. The adoption of this guidance did not have an impact on our financial position or result of operations.

We adopted an ASU for the testing of goodwill. This update allows entities the option to first assess qualitative factors as a basis for determining whether it is necessary to perform the two-step impairment test for goodwill. The adoption of this guidance did not have an impact on our financial position or results of operations.

Subsequent Events

6 Months Ended

Jun. 30, 2012

Subsequent Events

13.

Subsequent Events

On July 23, 2012, we entered into a binding offer to purchase from Celesio AG, a leading international trading company and provider of logistics and services in the pharmaceutical and healthcare sector (“Celesio”), the majority of Celesio’s healthcare third-party logistics business known as the Movianto Group (“Movianto”) for cash consideration of approximately €130 million ($158 million). Movianto, a leading third party logistics provider in Europe, currently services customers globally from 23 logistics centers located in 11 European countries with approximately 1,800 teammates. The offer and related share purchase agreement contain customary representations, warranties, covenants and conditions as well as indemnification rights and obligations. Completion of the transaction is subject to customary closing conditions, including satisfaction of certain legal provisions in Europe, and is expected to close in the third quarter of 2012.

Basis of Presentation and Use of Estimates (Policies)	6 Months Ended
Basis of Presentation and Use of Estimates (Policies)	Jun. 30, 2012
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). For the consolidated subsidiary in which our ownership is less than 100%, the outside stockholder’s interest is presented as a noncontrolling interest. 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. Certain prior period amounts have been reclassified to conform to the current period 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 and accounts payable reported 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). See Note 6 for the fair value of long-term debt. Property held for sale is reported at estimated fair value less selling costs with fair value determined based on recent sales prices for comparable properties in similar locations (Level 2). Property held for sale of $4.2 million at June 30, 2012, and December 31, 2011, is included in other assets, net, in the consolidated balance sheets. We are actively marketing the property for sale; however, the ultimate timing of sale is dependent on local market conditions.

Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Intangible Assets

Intangible assets at June 30, 2012, and December 31, 2011, are as follows:


	Customer Relationships			Other Intangibles			Total
At June 30, 2012:
Gross intangible assets	$	31,622		$	4,720		$	36,342
Accumulated amortization		(10,683	)		(4,641	)		(15,324	)

Net intangible assets	$	20,939		$	79		$	21,018

At December 31, 2011:
Gross intangible assets	$	31,622		$	4,720		$	36,342
Accumulated amortization		(9,569	)		(4,631	)		(14,200	)

Net intangible assets	$	22,053		$	89		$	22,142

Exit and Realignment Costs (Tables)

6 Months Ended

Jun. 30, 2012

Summary of Accrued Exit Costs

The following table summarizes the activity related to exit cost accruals for the six months ended June 30, 2012:


Six months ended June 30, 2012	Lease Obligations		Severance and Other		Total
Accrued exit costs, beginning of period	$	8,264	$	1,831	$	10,095