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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2013	Jul. 26, 2013
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2013
Document Fiscal Year Focus	2013
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		63,293,001

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Net revenue	$ 2,266,687	$ 2,185,444	$ 4,542,395	$ 4,403,326
Cost of goods sold	1,993,256	1,974,015	3,989,913	3,977,569
Gross margin	273,431	211,429	552,482	425,757
Selling, general and administrative expenses	212,548	150,288	430,269	305,860
Acquisition-related and exit and realignment charges	638	617	2,648	617
Depreciation and amortization	12,276	8,515	24,905	17,093
Other operating income, net	(2,081)	(1,168)	(3,274)	(2,862)
Operating earnings (loss)	50,050	53,177	97,934	105,049
Interest expense, net	3,248	3,487	6,446	6,909
Income before income taxes	46,802	49,690	91,488	98,140
Income tax provision	17,930	19,577	36,518	38,667
Net income (loss)	$ 28,872	$ 30,113	$ 54,970	$ 59,473
Net income per common share:
Basic	$ 0.46	$ 0.48	$ 0.87	$ 0.94
Diluted	0.46	0.48	0.87	0.94
Cash dividends per common share	$ 0.24	$ 0.22	$ 0.48	$ 0.44

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Net income	$ 28,872	$ 30,113	$ 54,970	$ 59,473
Other comprehensive income, net of tax:
Currency translation adjustments (net of income tax expense of $56 and benefit of $539 in 2013)	1,683		(6,144)
Change in unrecognized net periodic pension costs (net of income tax benefit - $132 and $266 in 2013 and $92 and $317 in 2012)	209	145	417	496
Amounts recognized in interest expense (net of income tax benefit - $8 and $16 for 2013 and $8 and $16 for 2012)	(12)	(11)	(25)	(24)
Other comprehensive income (loss)	1,880	134	(5,752)	472
Comprehensive income	$ 30,752	$ 30,247	$ 49,218	$ 59,945

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Currency translation adjustments, income tax benefit	$ 56		$ 539
Change in unrecognized net periodic pension costs, income tax expense	132	$ 92	266	$ 317
Amounts recognized in interest expense, income tax benefit	$ 8	$ 8	$ 16	$ 16

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2013	Dec. 31, 2012
Current assets
Cash and cash equivalents	$ 207,826	$ 97,888
Accounts and notes receivable, net of allowances of $15,304 and $14,722	550,642	553,502
Merchandise inventories	794,020	763,756
Other current assets	248,219	213,748
Total current assets	1,800,707	1,628,894
Property and equipment, net of accumulated depreciation of $132,893 and $121,873	187,512	191,841
Goodwill, net	272,597	274,884
Intangible assets, net	40,050	42,313
Other assets, net	78,628	69,769
Total assets	2,379,494	2,207,701
Current liabilities
Accounts payable	791,004	603,137
Accrued payroll and related liabilities	27,106	25,468
Deferred income taxes	46,646	40,758
Other accrued liabilities	225,428	254,924
Total current liabilities	1,090,184	924,287
Long-term debt, excluding current portion	214,682	215,383
Deferred income taxes	29,501	30,921
Other liabilities	55,306	63,454
Total liabilities	1,389,673	1,234,045
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 - 63,333 shares and 63,271 shares	126,665	126,544
Paid - in capital	192,326	187,394
Retained earnings	675,858	658,994
Accumulated other comprehensive loss	(6,158)	(406)
Total Owens & Minor, Inc. shareholders' equity	988,691	972,526
Noncontrolling interest	1,130	1,130
Total equity	989,821	973,656
Total liabilities and equity	$ 2,379,494	$ 2,207,701

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Jun. 30, 2013	Dec. 31, 2012
Accounts and notes receivable, allowances	$ 15,304	$ 14,722
Property and equipment, accumulated depreciation	$ 132,893	$ 121,873
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	63,333	63,271
Common stock, outstanding	63,333	63,271

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Operating activities:
Net income	$ 54,970	$ 59,473
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	24,905	17,093
Share-based compensation expense	3,449	4,126
Provision for losses on accounts and notes receivable	315	270
Deferred income tax expense (benefit)	5,777	(1,146)
Changes in operating assets and liabilities:
Accounts and notes receivable	1,789	21,239
Merchandise inventories	(31,176)	57,519
Accounts payable	191,406	(16,075)
Net change in other assets and liabilities	(69,462)	684
Other, net	(2,794)	(404)
Cash provided by operating activities	179,179	142,779
Investing activities:
Additions to property and equipment	(16,221)	(5,460)
Additions to computer software and intangible assets	(14,826)	(12,697)
Proceeds from sale of property and equipment	68	115
Cash used for investing activities	(30,979)	(18,042)
Financing activities:
Cash dividends paid	(30,411)	(27,956)
Repurchases of common stock	(8,297)	(7,500)
Financing costs paid		(1,303)
Excess tax benefits related to share-based compensation	550	1,160
Proceeds from exercise of stock options	4,195	3,761
Other, net	(5,167)	(3,900)
Cash used for financing activities	(39,130)	(35,738)
Effect of exchange rate changes on cash and cash equivalents	868
Net increase (decrease) in cash and cash equivalents	109,938	88,999
Cash and cash equivalents at beginning of period	97,888	135,938
Cash and cash equivalents at end of period	207,826	224,937
Supplemental disclosure of cash flow information:
Income taxes paid, net	40,364	38,113
Interest paid	$ 7,691	$ 7,372

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 (in shares) at Dec. 31, 2011		63,449
Beginning Balance at Dec. 31, 2011	$ 919,217	$ 126,900	$ 179,052	$ 619,629	$ (7,494)	$ 1,130
Net income	59,473			59,473
Other comprehensive income	472				472
Dividends declared ($0.48 per share in 2013 and $0.44 per share in 2012)	(27,895)			(27,895)
Shares repurchased and retired (in shares)		(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 (in shares) at Jun. 30, 2012		63,504
Ending Balance at Jun. 30, 2012	$ 949,963	$ 127,008	184,627	644,220	(7,022)	1,130
Beginning Balance (in shares) at Dec. 31, 2012	63,271	63,271
Beginning Balance at Dec. 31, 2012	$ 973,656	$ 126,544	187,394	658,994	(406)	1,130
Net income	54,970			54,970
Other comprehensive income	(5,752)				(5,752)
Dividends declared ($0.48 per share in 2013 and $0.44 per share in 2012)	$ (30,324)			(30,324)
Shares repurchased and retired (in shares)	(257)	(257)
Shares repurchased and retired	$ (8,297)	$ (515)		(7,782)
Share-based compensation expense, exercises and other (in shares)		319
Share-based compensation expense, exercises and other	$ 5,568	$ 636	4,932
Ending Balance (in shares) at Jun. 30, 2013	63,333	63,333
Ending Balance at Jun. 30, 2013	$ 989,821	$ 126,665	$ 192,326	$ 675,858	$ (6,158)	$ 1,130

- Definition

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

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+ Details

Consolidated Statements of Changes in Equity (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Dividends declared, per share	$ 0.24	$ 0.22	$ 0.48	$ 0.44

Basis of Presentation and Use of Estimates

6 Months Ended

Jun. 30, 2013

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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+ Details

Fair Value

6 Months Ended

Jun. 30, 2013

Fair Value

2. Fair Value

The carrying amounts of cash and cash equivalents, accounts receivable, financing receivables, accounts payable and financing payables 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 8 for the fair value of long-term debt.

- 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 + Details

Acquisition

6 Months Ended

Jun. 30, 2013

Acquisition

3. Acquisition

On August 31, 2012, we acquired from Celesio AG (Celesio) all of the voting interests of certain subsidiaries comprising the majority of Celesio’s healthcare third-party logistics business known as the Movianto Group (the acquired portion is referred to herein as Movianto) for consideration of approximately $157 million (€125 million), net of cash acquired and including debt assumed of $2.1 million (primarily capitalized lease obligations). As a result of the acquisition of Movianto, we have entered into third-party logistics for the pharmaceutical and medical device industries in the European market with an existing platform that also expands our ability to serve our U.S.-based manufacturer customers globally.

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 purchase price exceeded the preliminary estimated fair value of the net tangible and identifiable intangible assets by approximately $25 million, which was allocated to goodwill. The following table presents the preliminary estimated fair value of the assets acquired and liabilities assumed recognized as of the acquisition date, pending completion of our valuation.


	Preliminary Fair Value Orginally Estimated as of Acquisition Date ⁽¹⁾		Measurement Period Adjustments Recorded in 2013			Preliminary Fair Value Currently Estimated as of Acquisition Date
Assets acquired:
Current assets	$	211,052	$	295		$	211,347
Property and equipment		90,729		(2,385	)		88,344
Goodwill		25,042		(528	)		24,514
Intangible assets		21,543		1,335			22,878
Other noncurrent assets		11,664		512			12,176

Total assets		360,030		(771	)		359,259

Liabilities assumed:
Current liabilities		190,485		(534	)		189,951
Noncurrent liabilities		12,237		(237	)		12,000

Total liabilities		202,722		(771	)		201,951

Fair value of net assets acquired, net of cash	$	157,308	$	—		$	157,308

⁽¹⁾

As previously reported in our 2012 Form 10-K

Measurement period adjustments primarily relate to additional market information obtained regarding acquired assets.

We are amortizing the fair value of acquired intangible assets, primarily customer relationships, over their remaining weighted average useful lives of 9 years.

Goodwill of $24,514 thousand arising from the acquisition consists largely of expected opportunities to provide additional services to existing manufacturer customers and to expand our third-party logistics services globally. All of the goodwill was assigned to our International segment. None of the goodwill recognized is expected to be deductible for income tax purposes.

The fair value of financial assets and financial liabilities acquired includes financing receivables with a fair value of $106.8 million and financing payables with a fair value of $130.4 million.

Acquisition-related costs consist primarily of transaction costs incurred to perform due diligence and to analyze, negotiate and consummate an acquisition, costs to perform post-closing activities to establish a tax-efficient organizational structure, and costs to transition the acquired company’s information technology and other operations and administrative functions from the former owner. We incurred $0.9 million in pre-tax acquisition-related costs in the first six months of 2013.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

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+ Details

Financing receivables	6 Months Ended
Financing receivables	Jun. 30, 2013
Financing receivables	4. Financing receivables At June 30, 2013 and December 31, 2012, we had financing receivables of $150.8 million and $124.5 million and related payables of $107.1 million and $130.1 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.

Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2013

Goodwill and Intangible Assets

5. Goodwill and Intangible Assets

The following table summarizes the changes in the carrying amount of goodwill through June 30, 2013:


	Domestic		International
	Segment		Segment			Total
Carrying amount of goodwill, December 31, 2012	$	248,498	$	26,386		$	274,884
Currency translation adjustments		—		(1,759	)		(1,759	)
Fair value adjustments (See Note 3)		—		(528	)		(528	)

Carrying amount of goodwill, June 30, 2013	$	248,498	$	24,099		$	272,597

Intangible assets at June 30, 2013, and December 31, 2012, were as follows:


	Customer Relationships			Other Intangibles			Total
At June 30, 2013
Gross intangible assets	$	50,136		$	3,612		$	53,748
Accumulated amortization		(12,833	)		(865	)		(13,698	)

Net intangible assets, June 30, 2013	$	37,303		$	2,747		$	40,050

At December 31, 2012
Gross intangible assets	$	51,603		$	2,848		$	54,451
Accumulated amortization		(11,717	)		(421	)		(12,138	)

Net intangible assets, December 31, 2012	$	39,886		$	2,427		$	42,313

Amortization expense for intangible assets was $1.0 million and $0.5 million for the three months ended June 30, 2013 and 2012, and $1.9 million and $1.1 million for the six months ended June 30, 2013 and 2012.

Based on the current carrying value of intangible assets subject to amortization, estimated amortization expense is $1.4 million for the remainder of 2013, $4.4 million for 2014, $5.0 million for 2015, $5.1 million for 2016, $4.9 million for 2017 and $4.1 million for 2018.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Exit and Realignment Costs

6 Months Ended

Jun. 30, 2013

Exit and Realignment Costs

6. Exit and Realignment Costs

We periodically incur exit and realignment and other charges associated with optimizing our operations, which includes the consolidation of distribution centers and closure of offsite warehouses. During the first six months of 2013, we recognized total charges of $1.3 million in the Domestic segment and $0.5 million in the International segment associated with these activities. These charges include $0.5 million in loss accruals for operating leases and the remainder was due to losses on property and equipment and other expenses. We expect additional exit and realignment charges of approximately $2.7 million over the remainder of 2013 for activities initiated in the Domestic segment through June 30, 2013.

The following table summarizes the activity related to exit and realignment cost accruals through June 30, 2013:


	Lease Obligations			Severance and Other			Total
Accrued exit and realignment costs, December 31, 2012	$	5,098		$	1,116		$	6,214
Provision for exit and realignment activities		538			3			541
Cash payments, net of sublease income		(4,962	)		(284	)		(5,246	)

Accrued exit and realignment costs, June 30, 2013	$	674		$	835		$	1,509

Retirement Plan

6 Months Ended

Jun. 30, 2013

Retirement Plan

7. Retirement Plan

We have a noncontributory, unfunded retirement plan for certain officers and other key employees in the United States (Domestic Retirement Plan). In February 2012, our Board of Directors amended the Domestic Retirement Plan to freeze benefit levels and modify vesting provisions under the plan effective as of March 31, 2012.

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, 2013 and 2012, were as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
Service cost	$	33	$	—	$	66	$	130
Interest cost		413		404		827		808
Recognized net actuarial loss		341		237		683		495
Curtailment loss		—		—		—		234

Net periodic benefit cost	$	787	$	641	$	1,576	$	1,667

Certain of our foreign subsidiaries have defined benefit and health and welfare plans covering substantially all of their respective employees. Our expense for these plans totaled $0.6 million for the six months ended June 30, 2013.

Debt

6 Months Ended

Jun. 30, 2013

Debt

8. 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, 2013 and December 31, 2012, the estimated fair value of the Senior Notes was $216.8 million and $219.5 million, and the related carrying amount was $204.9 million and $205.8 million. The estimated fair value interest rate used to compute the fair value of the Senior Notes at June 30, 2013 and December 31, 2012 was 3.180% and 3.194%.

We have 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. Under this 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 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, 2013, we had no borrowings and letters of credit of approximately $5.0 million outstanding on the revolving credit facility, leaving $345.0 million available for borrowing. We also have a $1.4 million letter of credit outstanding as of June 30, 2013, which supports our facilities leased in Europe.

Income Taxes

6 Months Ended

Jun. 30, 2013

Income Taxes

9. Income Taxes

The provision for income taxes was $17.9 million and $36.5 million for the three and six months ended June 30, 2013, compared to $19.6 million and $38.7 million for the same periods in 2012. The effective tax rate was 38.3% and 39.9% for the three and six months ended June 30, 2013, compared to 39.4% for the same periods in 2012. The decrease in the effective tax rate for the second quarter of 2013 is primarily the result of benefits recognized upon the conclusion of examinations of our 2009 and 2010 federal income tax returns and certain state income tax returns. These benefits were partially offset by the impact of foreign taxes. As a result of the conclusion of the examinations, we reduced the liability for unrecognized tax benefits to $4.7 million at June 30, 2013, from $12.3 million at December 31, 2012. Included in the liability at June 30, 2013 were $3.3 million of tax positions for which ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. The increase in the effective tax rate for the six months ended June 30, 2013 over the same period in 2012 was largely due to the impact of foreign taxes.

Net Income per Common Share

6 Months Ended

Jun. 30, 2013

Net Income per Common Share

10. 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, 2013 and 2012.


	Three Months Ended June 30,						Six Months Ended June 30,
*(in thousands, except per share data)*	2013			2012			2013			2012
Numerator:
Net income	$	28,872		$	30,113		$	54,970		$	59,473
Less: income allocated to unvested restricted shares		(156	)		(194	)		(351	)		(421	)

Net income attributable to common shareholders—basic		28,716			29,919			54,619			59,052
Add: undistributed income attributable to unvested restricted shares—basic		64			87			122			176
Less: undistributed income attributable to unvested restricted shares—diluted		(64	)		(87	)		(122	)		(175	)

Net income attributable to common shareholders—diluted	$	28,716		$	29,919		$	54,619		$	59,053

Denominator:
Weighted average shares outstanding—basic		62,707			62,815			62,695			62,825
Dilutive shares—stock options		45			80			51			89

Weighted average shares outstanding—diluted		62,752			62,895			62,746			62,914

Net income per share attributable to common shareholders:
Basic	$	0.46		$	0.48		$	0.87		$	0.94
Diluted	$	0.46		$	0.48		$	0.87		$	0.94

Shareholders' Equity

6 Months Ended

Jun. 30, 2013

Shareholders' Equity

11. 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, 2013, we repurchased in open-market transactions and retired approximately 257 thousand shares of our common stock for an aggregate of $8.3 million, or an average price per share of $32.22. As of June 30, 2013, we have approximately $10.6 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, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

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+ Details

Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2013

Accumulated Other Comprehensive Income

12. 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, 2013 and 2012:


	Defined Benefit Pension Plans			Currency Translation Adjustments			Other			Total
Accumulated other comprehensive income (loss), March 31, 2013	$	(10,110	)	$	1,922		$	150		$	(8,038	)
Other comprehensive income (loss) before reclassifications		—			1,739			—			1,739
Income tax		—			(56	)		—			(56	)

Other comprehensive income (loss) before reclassifications, net of tax		—			1,683			—			1,683
Amounts reclassified from accumulated other comprehensive income (loss)		341			—			(20	)		321
Income tax		(132	)		—			8			(124	)

Amounts reclassified from accumulated other comprehensive income (loss), net of tax		209			—			(12	)		197
Other comprehensive income (loss)		209			1,683			(12	)		1,880

Accumulated other comprehensive income (loss), June 30, 2013	$	(9,901	)	$	3,605		$	138		$	(6,158	)


Accumulated other comprehensive income (loss), March 31, 2012	$	(7,356	)	$	—		$	200		$	(7,156	)
Other comprehensive income (loss) before reclassifications		—			—			—			—
Income tax		—			—			—			—

Other comprehensive income (loss) before reclassifications, net of tax		—			—			—			—
Amounts reclassified from accumulated other comprehensive income (loss)		237			—			(19	)		218
Income tax		(92	)		—			8			(84	)

Amounts reclassified from accumulated other comprehensive income (loss), net of tax		145			—			(11	)		134
Other comprehensive income (loss)		145			—			(11	)		134

Accumulated other comprehensive income (loss), June 30, 2012	$	(7,211	)	$	—		$	189		$	(7,022	)


	Defined Benefit Pension Plans			Currency Translation Adjustments			Other			Total
Accumulated other comprehensive income (loss), December 31, 2012	$	(10,318	)	$	9,749		$	163		$	(406	)
Other comprehensive income (loss) before reclassifications		—			(6,683	)		—			(6,683	)
Income tax		—			539			—			539

Other comprehensive income (loss) before reclassifications, net of tax		—			(6,144	)		—			(6,144	)
Amounts reclassified from accumulated other comprehensive income (loss)		683			—			(41	)		642
Income tax		(266	)		—			16			(250	)

Amounts reclassified from accumulated other comprehensive income (loss), net of tax		417			—			(25	)		392
Other comprehensive income (loss)		417			(6,144	)		(25	)		(5,752	)

Accumulated other comprehensive income (loss), June 30, 2013	$	(9,901	)	$	3,605		$	138		$	(6,158	)


Accumulated other comprehensive income (loss), December 31, 2011	$	(7,707	)	$	—		$	213		$	(7,494	)
Other comprehensive income (loss) before reclassifications		85			—			—			85
Income tax		(33	)		—			—			(33	)

Other comprehensive income (loss) before reclassifications, net of tax		52			—			—			52
Amounts reclassified from accumulated other comprehensive income (loss)		728			—			(40	)		688
Income tax		(284	)		—			16			(268	)

Amounts reclassified from accumulated other comprehensive income (loss), net of tax		444			—			(24	)		420
Other comprehensive income (loss)		496			—			(24	)		472

Accumulated other comprehensive income (loss), June 30, 2012	$	(7,211	)	$	—		$	189		$	(7,022	)

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 months ended June 30, 2012 we reclassified $0.2 million of prior service costs. For the three months ended June 30, 2013 and 2012, we reclassified $0.3 million and $0.2 million of actuarial net losses. For the six months ended June 30, 2013 and 2012, we reclassified $0.7 million and $0.5 million of actuarial net losses.

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

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+ Details

Commitments and Contingencies

6 Months Ended

Jun. 30, 2013

Commitments and Contingencies

13. 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 $1.9 million as of June 30, 2013. 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 2013 – $0.5 million; 2014 – $0.6 million; 2015 – $0.7 million; and 2016 – $0.1 million. None of these contingent obligations were accrued at June 30, 2013, 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, 2013, $1.2 million of deferred revenue related to outstanding contractual performance targets was included in other accrued liabilities.

During the second quarter of 2013, we reached a settlement in the administrative proceedings pending before the California Board of Equalization related to certain municipal sales tax incentives. Under the terms of the settlement, we expect to receive approximately $4.3 million for the period January 1, 2009 through June 30, 2013, of which $0.8 million was recognized prior to 2013. In subsequent quarters, the company will receive an ongoing tax incentive that will vary with eligible revenues generated by sales to California-based customers.

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 connection with the Movianto acquisition, we entered into transition services agreements with the former owner under which it provides certain information technology and support services. The contract terms range from six to 24 months and are cancellable without penalty with thirty days notice. Since the acquisition we have terminated certain of these agreements and the maximum aggregate fees payable in 2013 under these agreements is approximately $4.0 million.

Segment Information

6 Months Ended

Jun. 30, 2013

Segment Information

14. Segment Information

We evaluate the performance of our segments based on the operating earnings of the segments, excluding acquisition-related and exit and realignment charges.

The following tables present financial information by segment:


	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Net revenue:
Domestic	$	2,143,690		$	2,185,444		$	4,298,406		$	4,403,326
International		122,997			—			243,989			—

Consolidated net revenue	$	2,266,687		$	2,185,444		$	4,542,395		$	4,403,326

Operating earnings (loss):
Domestic	$	51,245		$	53,794		$	104,151		$	105,666
International		(557	)		—			(3,569	)		—
Acquisition-related and exit and realignment charges		(638	)		(617	)		(2,648	)		(617	)

Consolidated operating earnings	$	50,050		$	53,177		$	97,934		$	105,049

Depreciation and amortization:
Domestic	$	8,887		$	8,515		$	17,969		$	17,093
International		3,389			—			6,936			—

Consolidated depreciation and amortization	$	12,276		$	8,515		$	24,905		$	17,093

Capital expenditures:
Domestic	$	12,872		$	9,781		$	24,474		$	18,157
International		3,398			—			6,573			—

Consolidated capital expenditures	$	16,270		$	9,781		$	31,047		$	18,157


	June 30, 2013			December 31, 2012
Total assets:
Domestic	$	1,757,369		$	1,723,699
International		414,299			386,114

Segment assets		2,171,668			2,109,813
Cash and cash equivalents		207,826			97,888

Consolidated total assets	$	2,379,494		$	2,207,701

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

+ Details

Condensed Consolidating Financial Information

6 Months Ended

Jun. 30, 2013

Condensed Consolidating Financial Information

15. 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 Senior Notes, on a combined basis; and the non-guarantor subsidiaries of the Senior 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, 2013	Owens & Minor, Inc.			Guarantors			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	2,143,576		$	134,869		$	(11,758	)	$	2,266,687
Cost of goods sold		—			1,932,112			72,811			(11,667	)		1,993,256

Gross margin		—			211,464			62,058			(91	)		273,431
Selling, general and administrative expenses		221			152,387			59,940			—			212,548
Acquisition-related and exit and realignment charges		—			397			241			—			638
Depreciation and amortization		3			8,865			3,408			—			12,276
Other operating (income) expense, net		—			(1,498	)		(583	)		—			(2,081	)

Operating earnings (loss)		(224	)		51,313			(948	)		(91	)		50,050
Interest expense (income), net		5,154			(1,696	)		(210	)		—			3,248

Income (loss) before income taxes		(5,378	)		53,009			(738	)		(91	)		46,802
Income tax provision (benefit)		(2,045	)		20,594			(618	)		(1	)		17,930
Equity in earnings of subsidiaries		32,205			—			—			(32,205	)		—

Net income (loss)		28,872			32,415			(120	)		(32,295	)		28,872
Other comprehensive income (loss), net of tax		1,880			209			1,682			(1,891	)		1,880

Comprehensive income (loss)	$	30,752		$	32,624		$	1,562		$	(34,186	)	$	30,752


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
Acquisition-related and exit and realignment charges		—			397			220			—			617
Depreciation and amortization		—			8,494			21			—			8,515
Other operating income, net		—			(811	)		(357	)		—			(1,168	)

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

Income (loss) before income taxes		(4,980	)		55,042			(146	)		(226	)		49,690
Income tax provision (benefit)		(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 (loss), net of tax		134			145			—			(145	)		134

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

Condensed Consolidating Financial Information


Six months ended June 30, 2013	Owens & Minor, Inc.			Guarantors			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	4,298,290		$	266,174		$	(22,069	)	$	4,542,395
Cost of goods sold		—			3,868,204			143,417			(21,708	)		3,989,913

Gross margin		—			430,086			122,757			(361	)		552,482
Selling, general and administrative expenses		874			308,735			120,660			—			430,269
Acquisition-related and exit and realignment charges		—			1,259			1,389			—			2,648
Depreciation and amortization		7			17,924			6,974			—			24,905
Other operating (income) expense, net		—			(2,142	)		(1,132	)		—			(3,274	)

Operating earnings (loss)		(881	)		104,310			(5,134	)		(361	)		97,934
Interest expense (income), net		9,549			(2,585	)		(518	)		—			6,446

Income (loss) before income taxes		(10,430	)		106,895			(4,616	)		(361	)		91,488
Income tax provision (benefit)		(4,007	)		42,051			(1,526	)		—			36,518
Equity in earnings of subsidiaries		61,393			—			—			(61,393	)		—

Net income (loss)		54,970			64,844			(3,090	)		(61,754	)		54,970
Other comprehensive income (loss), net of tax		(5,752	)		416			(6,146	)		5,730			(5,752	)

Comprehensive income (loss)	$	49,218		$	65,260		$	(9,236	)	$	(56,024	)	$	49,218


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
Acquisition-related and exit and realignment charges		—			397			220			—			617
Depreciation and amortization		—			17,058			35			—			17,093
Other operating income, net		—			(2,508	)		(354	)		—			(2,862	)

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

Income (loss) before income taxes		(8,222	)		107,182			(543	)		(277	)		98,140
Income tax provision (benefit)		(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 (loss), net of tax		472			496			—			(496	)		472

Comprehensive income (loss)	$	59,945		$	65,664		$	(430	)	$	(65,234	)	$	59,945

Condensed Consolidating Financial Information


June 30, 2013	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	158,697		$	14,082		$	35,047		$	—		$	207,826
Accounts and notes receivable, net		—			471,174			81,017			(1,549	)		550,642
Merchandise inventories		—			773,197			21,866			(1,043	)		794,020
Other current assets		308			83,194			164,720			(3	)		248,219

Total current assets		159,005			1,341,647			302,650			(2,595	)		1,800,707
Property and equipment, net		9			97,559			89,944			—			187,512
Goodwill, net		—			247,271			25,326			—			272,597
Intangible assets, net		—			18,927			21,123			—			40,050
Due from O&M and subsidiaries		—			451,918			—			(451,918	)		—
Advances to and investment in consolidated subsidiaries		1,489,851			—			—			(1,489,851	)		—
Other assets, net		504			62,819			15,305			—			78,628

Total assets	$	1,649,369		$	2,220,141		$	454,348		$	(1,944,364	)	$	2,379,494

Liabilities and equity
Current liabilities
Accounts payable	$	—		$	715,053		$	77,503		$	(1,552	)	$	791,004
Accrued payroll and related liabilities		—			18,955			8,151			—			27,106
Deferred income taxes		—			47,473			(827	)		—			46,646
Other accrued liabilities		7,013			87,879			130,536			—			225,428

Total current liabilities		7,013			869,360			215,363			(1,552	)		1,090,184
Long-term debt, excluding current portion		204,891			7,054			2,737			—			214,682
Due to O&M and subsidiaries		448,774			—			2,014			(450,788	)		—
Intercompany debt		—			138,890			—			(138,890	)		—
Deferred income taxes		—			25,657			3,844			—			29,501
Other liabilities		—			50,885			4,421			—			55,306

Total liabilities		660,678			1,091,846			228,379			(591,230	)		1,389,673

Equity
Common stock		126,665			—			1,500			(1,500	)		126,665
Paid-in capital		192,326			242,025			259,864			(501,889	)		192,326
Retained earnings (deficit)		675,858			896,171			(40,129	)		(856,042	)		675,858
Accumulated other comprehensive income (loss)		(6,158	)		(9,901	)		3,604			6,297			(6,158	)

Total shareholders’ equity		988,691			1,128,295			224,839			(1,353,134	)		988,691

Noncontrolling Interest		—			—			1,130			—			1,130

Total equity		988,691			1,128,295			225,969			(1,353,134	)		989,821
Total liabilities and equity	$	1,649,369		$	2,220,141		$	454,348		$	(1,944,364	)	$	2,379,494

Condensed Consolidating Financial Information


December 31, 2012	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	58,190		$	13,641		$	26,057		$	—		$	97,888
Accounts and notes receivable, net		—			474,533			82,216			(3,247	)		553,502
Merchandise inventories		—			750,046			14,391			(681	)		763,756
Other current assets		1,627			76,036			137,593			(1,508	)		213,748

Total current assets		59,817			1,314,256			260,257			(5,436	)		1,628,894
Property and equipment, net		16			95,516			96,309			—			191,841
Goodwill, net		—			247,271			27,613			—			274,884
Intangible assets, net		—			19,972			22,341			—			42,313
Due from O&M and subsidiaries		—			236,612			34,248			(270,860	)		—
Advances to and investments in consolidated subsidiaries		1,434,186			—			—			(1,434,186	)		—
Other assets, net		6,885			55,781			14,238			(7,135	)		69,769

Total assets	$	1,500,904		$	1,969,408		$	455,006		$	(1,717,617	)	$	2,207,701

Liabilities and equity
Current liabilities
Accounts payable	$	45,300		$	518,545		$	42,542		$	(3,250	)	$	603,137
Accrued payroll and related liabilities		—			18,201			7,267			—			25,468
Deferred income taxes		—			43,110			—			(2,352	)		40,758
Other current liabilities		6,464			92,318			156,142			—			254,924

Total current liabilities		51,764			672,174			205,951			(5,602	)		924,287
Long-term debt, excluding current portion		205,754			6,592			3,037			—			215,383
Due to O&M and subsidiaries		270,860			—			—			(270,860	)		—
Intercompany debt		—			138,890			—			(138,890	)		—
Deferred income taxes		—			30,141			7,069			(6,289	)		30,921
Other liabilities		—			58,578			4,876			—			63,454

Total liabilities		528,378			906,375			220,933			(421,641	)		1,234,045

Equity
Common stock		126,544			—			1,500			(1,500	)		126,544
Paid-in capital		187,394			242,024			258,635			(500,659	)		187,394
Retained earnings (deficit)		658,994			831,327			(36,941	)		(794,386	)		658,994
Accumulated other comprehensive income (loss)		(406	)		(10,318	)		9,749			569			(406	)

Total shareholders’ equity		972,526			1,063,033			232,943			(1,295,976	)		972,526

Noncontrolling interest		—			—			1,130			—			1,130

Total equity		972,526			1,063,033			234,073			(1,295,976	)		973,656

Total liabilities and equity	$	1,500,904		$	1,969,408		$	455,006		$	(1,717,617	)	$	2,207,701

Condensed Consolidating Financial Information


Six months ended June 30, 2013	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Cash Flows
Operating activities:
Net income (loss)	$	54,970		$	64,844		$	(3,090	)	$	(61,754	)	$	54,970
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries		(61,393	)		—			—			61,393			—
Depreciation and amortization		7			17,924			6,974			—			24,905
Share-based compensation expense		—			3,449			—			—			3,449
Provision for losses on accounts and notes receivable		—			297			18			—			315
Deferred income tax expense (benefit)		—			7,443			(1,666	)		—			5,777
Changes in operating assets and liabilities:
Accounts and notes receivable		—			3,061			426			(1,698	)		1,789
Merchandise inventories		—			(23,151	)		(8,386	)		361			(31,176	)
Accounts payable		—			151,208			38,500			1,698			191,406
Net change in other assets and liabilities		636			(24,934	)		(45,164	)		—			(69,462	)
Other, net		(809	)		331			(2,316	)		—			(2,794	)

Cash provided by (used for) operating activities		(6,589	)		200,472			(14,704	)		—			179,179

Investing activities:
Additions to property and equipment		—			(12,640	)		(3,581	)		—			(16,221	)
Additions to computer software and intangible assets		—			(11,816	)		(3,010	)		—			(14,826	)
Proceeds from the sale of property and equipment		—			59			9			—			68

Cash used for investing activities		—			(24,397	)		(6,582	)		—			(30,979	)

Financing activities:
Change in intercompany advances		143,569			(174,270	)		30,701			—			—
Cash dividends paid		(30,411	)		—			—			—			(30,411	)
Repurchases of common stock		(8,297	)		—			—			—			(8,297	)
Excess tax benefits related to share-based compensation		550			—			—			—			550
Proceeds from exercise of stock options		4,195			—			—			—			4,195
Other, net		(2,510	)		(1,364	)		(1,293	)		—			(5,167	)

Cash provided by (used for) financing activities		107,096			(175,634	)		29,408			—			(39,130	)
Effect of exchange rate changes on cash and cash equivalents		—			—			868			—			868

Net increase (decrease) in cash and cash equivalents		100,507			441			8,990			—			109,938
Cash and cash equivalents at beginning of period		58,190			13,641			26,057			—			97,888

Cash and cash equivalents at end of period	$	158,697		$	14,082		$	35,047		$	—		$	207,826

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
Share-based compensation expense		—			4,126			—			—			4,126
Provision for losses on accounts and notes receivable		—			270			—			—			270
Deferred income tax expense (benefit)		—			(1,146	)		—			—			(1,146	)
Changes in operating assets and liabilities:
Accounts and notes receivable		—			23,560			(2,218	)		(103	)		21,239
Merchandise inventories		—			57,158			85			276			57,519
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