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Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2013	Feb. 18, 2014	Jun. 30, 2013
Document Document and Entity Information [Abstract]
Entity Registrant Name	OWENS & MINOR INC/VA/
Entity Central Index Key	0000075252
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-K
Document Period End Date	Dec. 31, 2013
Document Fiscal Year Focus	2013
Trading Symbol	OMI
Document Fiscal Period Focus (Q1,Q2,Q3,FY)	FY
Amendment Flag	false
Entity Common Stock, Shares Outstanding		63,097,861
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 2,142,554,205

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Income Statement [Abstract]
Net revenue	$ 9,071,532	$ 8,868,324	$ 8,627,912
Cost of goods sold	7,954,457	7,943,670	7,770,375
Gross margin	1,117,075	924,654	857,537
Selling, general, and administrative expenses	863,656	682,595	610,657
Acquisition-related and exit and realignment charges	12,444	10,164	13,168
Depreciation and amortization	50,586	39,604	34,135
Other operating income, net	(7,694)	(4,462)	(3,938)
Operating earnings	198,083	196,753	203,515
Interest expense, net	13,098	13,397	13,682
Income before income taxes	184,985	183,356	189,833
Income tax provision	74,103	74,353	74,635
Net income	$ 110,882	$ 109,003	$ 115,198
Net income attributable to Owens & Minor, Inc. per common share:
Basic (in usd per share)	$ 1.76	$ 1.72	$ 1.82
Diluted (in usd per share)	1.76	1.72	1.81
Cash dividends per common share	$ 0.96	$ 0.880	$ 0.800

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Statement of Comprehensive Income [Abstract]
Net income	$ 110,882	$ 109,003	$ 115,198
Other comprehensive income, net of tax:
Currency translation adjustments (net of income tax expense of $111 in 2013 and $210 in 2012)	6,143	9,749	0
Change in unrecognized net periodic pension costs (net of income tax expense of $2,429 in 2013 and income tax benefit of $1,671 in 2012 and $1,488 in 2011)	3,839	(2,611)	(2,328)
Other (net of income tax expense of $32 in 2013, 2012 and 2011)	(8)	(50)	(50)
Other comprehensive income (loss)	9,974	7,088	(2,378)
Comprehensive income	$ 120,856	$ 116,091	$ 112,820

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Statement of Comprehensive Income [Abstract]
Currency translation adjustment, income tax expense	$ 111	$ 210
Change in unrecognized net periodic pension costs, income tax benefit	(2,429)	1,671	$ 1,488
Other, income tax benefits	$ 32	$ 32	$ 32

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Current assets
Cash and cash equivalents	$ 101,905	$ 97,888
Accounts and notes receivable, net	572,854	537,335
Merchandise inventories	771,663	763,756
Other current assets	279,510	231,264
Total current assets	1,725,932	1,630,243
Property and equipment, net	191,961	191,841
Goodwill, net	275,439	274,884
Intangible assets, net	40,406	42,313
Other assets, net	90,304	75,117
Total assets	2,324,042	2,214,398
Current liabilities
Accounts payable	643,872	603,137
Accrued payroll and related liabilities	23,296	25,468
Deferred income taxes	41,613	42,107
Other current liabilities	280,398	254,924
Total current liabilities	989,179	925,636
Long-term debt, excluding current portion	213,815	215,383
Deferred income taxes	43,727	36,269
Other liabilities	52,278	63,454
Total liabilities	1,298,999	1,240,742
Commitments and contingencies
Equity
Preferred stock, par value $100 per share, authorized—10,000 shares, Series A Participating Cumulative Preferred Stock; none issued	0	0
Common stock, par value $2 per share; authorized—200,000 shares; issued and outstanding—63,096 shares and 63,271 shares	126,193	126,544
Paid-in capital	196,605	187,394
Retained earnings	691,547	658,994
Accumulated other comprehensive loss	9,568	(406)
Total Owens & Minor, Inc. shareholders’ equity	1,023,913	972,526
Noncontrolling interest	1,130	1,130
Total equity	1,025,043	973,656
Total liabilities and equity	$ 2,324,042	$ 2,214,398

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2013	Dec. 31, 2012
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 100	$ 100
Preferred stock, authorized	10,000,000	10,000,000
Preferred stock, issued	0
Common stock, par value	$ 2	$ 2
Common stock, authorized	200,000,000	200,000,000
Common stock, issued	63,096,000	63,271,000
Commons stock, outstanding	63,096,000	63,271,000

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Operating activities:
Net income	$ 110,882	$ 109,003	$ 115,198
Adjustments to reconcile net income to cash provided by operating activities of continuing operations:
Depreciation and amortization	50,586	39,604	34,135
Share-based compensation expense	6,381	5,697	5,674
Deferred income tax expense	3,713	1,060	14,520
Provision for losses on accounts and notes receivable	787	1,004	2,176
Pension contributions	0	0	(409)
Changes in operating assets and liabilities:
Accounts and notes receivable	(38,645)	27,161	(37,273)
Merchandise inventories	(7,064)	58,734	(86,250)
Accounts payable	47,374	(18,694)	44,058
Net change in other assets and liabilities	(32,337)	(4,490)	(24,654)
Other, net	(1,123)	(573)	1,244
Cash provided by operating activities of continuing operations	140,554	218,506	68,419
Investing activities:
Acquisition, net of cash acquired	0	(155,210)	0
Additions to computer software and intangible assets	(32,010)	(29,131)	(11,334)
Additions to property and equipment	(28,119)	(9,832)	(24,981)
Proceeds from sale of property and equipment	3,051	3,298	2,430
Cash used for investing activities of continuing operations	(57,078)	(190,875)	(33,885)
Financing activities:
Cash dividends paid	(60,731)	(55,681)	(50,909)
Repurchases of common stock	(18,876)	(15,000)	(16,124)
Financing costs paid	0	(1,303)	0
Proceeds from exercise of stock options	5,352	4,986	9,179
Excess tax benefits related to share-based compensation	898	1,293	2,154
Proceeds from termination of interest rate swaps	0	0	4,005
Other, net	(8,623)	(2,710)	(5,836)
Cash used for financing activities of continuing operations	(81,980)	(68,415)	(57,531)
Discontinued operations:
Operating cash flows	0	0	(278)
Net cash used for discontinued operations	0	0	(278)
Effect of exchange rate changes on cash and cash equivalents	2,521	2,734	0
Net increase (decrease) in cash and cash equivalents	4,017	(38,050)	(23,275)
Cash and cash equivalents at beginning of year	97,888	135,938	159,213
Cash and cash equivalents at end of year	$ 101,905	$ 97,888	$ 135,938

Consolidated Statements of Changes in Shareholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Noncontrolling Interest
Beginning Balance (in shares) at Dec. 31, 2010		63,433
Beginning Balance at Dec. 31, 2010	$ 857,518	$ 126,867	$ 165,447	$ 570,320	$ (5,116)	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	115,198			115,198
Other comprehensive loss	(2,378)				(2,378)
Non-cash contribution from noncontrolling interest	1,130					1,130
Dividends declared ($0.800 per share for 2011 and $0.880 per share for 2012, $0.96 per share for 2013)	(50,813)			(50,813)
Shares repurchased and retired (in shares)		(524)
Shares repurchased and retired	(16,124)	$ (1,048)		(15,076)
Stockholders' Equity, Other Shares		540
Stockholders' Equity, Other	14,686	$ 1,081	13,605
Ending Balance (in shares) at Dec. 31, 2011		63,449
Ending Balance at Dec. 31, 2011	919,217	$ 126,900	179,052	619,629	(7,494)	1,130
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	109,003			109,003
Other comprehensive loss	7,088				7,088
Dividends declared ($0.800 per share for 2011 and $0.880 per share for 2012, $0.96 per share for 2013)	(55,681)			(55,681)
Shares repurchased and retired (in shares)		(522)
Shares repurchased and retired	(15,000)	$ (1,043)		(13,957)
Stockholders' Equity, Other Shares		344
Stockholders' Equity, Other	$ 9,029	$ 687	8,342
Ending Balance (in shares) at Dec. 31, 2012	63,271	63,271
Ending Balance at Dec. 31, 2012	$ 973,656	$ 126,544	187,394	658,994	(406)	1,130
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	110,882			110,882
Other comprehensive loss	9,974				9,974
Dividends declared ($0.800 per share for 2011 and $0.880 per share for 2012, $0.96 per share for 2013)	$ (60,573)			(60,573)
Shares repurchased and retired (in shares)	(600)	(560)
Shares repurchased and retired	$ (18,876)	$ (1,120)		(17,756)
Stockholders' Equity, Other Shares		385
Stockholders' Equity, Other	$ 9,980	$ 769	9,211
Ending Balance (in shares) at Dec. 31, 2013	63,096	63,096
Ending Balance at Dec. 31, 2013	$ 1,025,043	$ 126,193	$ 196,605	$ 691,547	$ 9,568	$ 1,130

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Statement of Stockholders' Equity [Abstract]
Dividends declared, per share	$ 0.96	$ 0.880	$ 0.800

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Dec. 31, 2013
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Owens & Minor, Inc. and subsidiaries (we, us or our), a Fortune 500 company headquartered in Richmond, Virginia. We are a leading healthcare services company that connects the world of medical products to the point of care by providing vital supply chain assistance to the providers of healthcare services and the manufacturers of healthcare products, supplies, and devices in the United States and Europe. We serve our customers with a service portfolio that covers procurement, inventory management, delivery and sourcing for the healthcare market. With fully developed networks in the United States and Europe, we are equipped to serve a customer base ranging from hospitals, integrated healthcare systems, group purchasing organizations, and the U.S. federal government, to manufacturers of life-science and medical devices and supplies, including pharmaceuticals in Europe. Our Domestic segment includes all functions in the United States relating to our role as a healthcare services company providing distribution and logistics services to healthcare providers and manufacturers. The International segment consists of Movianto, our European third-party logistics service. Basis of Presentation. The consolidated financial statements include the accounts of Owens & Minor, Inc. and the subsidiaries it controls, in conformity 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. Reclassifications and Correction. Certain prior year amounts have been reclassified to conform to current year presentation. In addition, after completing a review of customer contracts in the International segment, we have determined a net presentation of revenues for certain contracts is more representative of the customer arrangement. Certain 2012 amounts have been revised to reflect this net presentation of revenues. Net revenue and cost of goods sold each decreased by $39.8 million, accounts and notes receivable, net decreased by $16.2 million and other current assets increased by $16.2 million. The change did not affect cash flows, gross margin, operating earnings or net income in 2012. Use of Estimates. The preparation of the consolidated financial statements in conformity with GAAP requires us to make assumptions and estimates that affect reported amounts and related disclosures. Estimates are used for, but are not limited to, the allowances for losses on accounts and notes receivable, inventory valuation allowances, supplier incentives, depreciation and amortization, goodwill valuation, valuation of intangible assets and other long-lived assets, valuation of property held for sale, self-insurance liabilities, tax liabilities, defined benefit obligations, share-based compensation and other contingencies. Actual results may differ from these estimates. Cash and Cash Equivalents. Cash and cash equivalents includes cash and marketable securities with an original maturity or maturity at acquisition of three months or less. Cash and cash equivalents are stated at cost. Nearly all of our cash and cash equivalents are held in cash depository accounts in major banks in the United States and Europe. Book overdrafts represent the amount of outstanding checks issued in excess of related bank balances and are included in accounts payable in our consolidated balance sheets, as they are similar to trade payables and are not subject to finance charges or interest. Changes in book overdrafts are classified as operating activities in our consolidated statements of cash flows. Accounts and Notes Receivable, Net. Accounts receivable from customers are recorded at the invoiced amount. We assess finance charges on overdue accounts receivable that are recognized as other operating income based on their estimated ultimate collectability. We have arrangements with certain customers under which they make deposits on account. Customer deposits in excess of outstanding receivable balances are classified as other current liabilities. We maintain valuation allowances based upon the expected collectability of accounts and notes receivable. Our allowances include specific amounts for accounts that are likely to be uncollectible, such as customer bankruptcies and disputed amounts and general allowances for accounts that may become uncollectible. Allowances are estimated based on a number of factors, including industry trends, current economic conditions, creditworthiness of customers, age of the receivables, changes in customer payment patterns, and historical experience. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. Financing Receivables and Payables. We have an order-to-cash program in our International segment under which we invoice manufacturers’ customers and remit collected amounts to the manufacturers. We retain credit risk for uncollected receivables under this program. We continually monitor the expected collectability in this program and maintain valuation allowances when it is likely that an amount may be or may become uncollectible. Allowances are estimated based on a number of factors including creditworthiness of customers, age of the receivables and historical experience. We write off uncollected receivables under this program when collection is no longer being pursued. At December 31, 2013 the allowance for uncollectible accounts as part of this program was $0.1 million and there was no allowance for uncollectible accounts as part of this program in 2012. Fees charged for this program are included in net revenue. Product pricing and related product risks are retained by the manufacturer. Balances receivable and related amounts payable under this program are classified in other current assets and other current liabilities in the consolidated balance sheet. Merchandise Inventories. Merchandise inventories are valued at the lower of cost or market, with cost determined by the last-in, first-out (LIFO) method for Domestic segment inventories. Cost of International segment inventories is determined using the first-in, first out (FIFO) method. Property and Equipment. Property and equipment are stated at cost less accumulated depreciation or, if acquired under capital leases, at the lower of the present value of minimum lease payments or fair market value at the inception of the lease less accumulated amortization. Depreciation and amortization expense for financial reporting purposes is computed on a straight-line method over the estimated useful lives of the assets or, for capital leases and leasehold improvements, over the term of the lease, if shorter. In general, the estimated useful lives for computing depreciation and amortization are four to 15 years for warehouse equipment, five to 40 years for buildings and building improvements, and three to eight years for computers, furniture and fixtures, and office and other equipment. Straight-line and accelerated methods of depreciation are used for income tax purposes. Normal maintenance and repairs are expensed as incurred, and renovations and betterments are capitalized. Leases. We have entered into non-cancelable agreements to lease most of our office and warehouse facilities with remaining terms generally ranging from one to ten years. We also lease most of our transportation and material handling equipment for terms generally ranging from three to ten years. Certain information technology assets embedded in an outsourcing agreement are accounted for as capital leases. Leases are classified as operating leases or capital leases at their inception. Rent expense for leases with rent holidays or pre-determined rent increases are recognized on a straight-line basis over the lease term. Incentives and allowances for leasehold improvements are deferred and recognized as a reduction of rent expense over the lease term. Goodwill. We evaluate goodwill for impairment annually, as of April 30, and whenever events occur or changes in circumstance indicate that the carrying amount of goodwill may not be recoverable. We review goodwill first by performing a qualitative assessment to determine if it is more likely than not that the fair value of a reporting unit exceeds its carrying value. If not, we then perform a quantitative assessment by first comparing the carrying amount to the fair value of the reporting unit. If the fair value of the reporting unit is determined to be less than its carrying value, a second step is performed to measure the goodwill impairment loss as the excess of the carrying value of the reporting unit’s goodwill over the estimated fair value of its goodwill. We estimate the fair value of the reporting unit using valuation techniques which can include comparable multiples of the unit’s earnings before interest, taxes, depreciation and amortization (EBITDA) and present value of expected cash flows. The EBITDA multiples are based on an analysis of current enterprise values and recent acquisition prices of similar companies, if available. Intangible Assets. Intangible assets acquired through purchases or business combinations are stated at fair value at the acquisition date and net of accumulated amortization in the consolidated balance sheets. Intangible assets, consisting primarily of customer relationships, customer contracts, non-competition agreements, trademarks, and tradenames are amortized over their estimated useful lives. In determining the useful life of an intangible asset, we consider our historical experience in renewing or extending similar arrangements. Customer relationships are generally amortized over 10 to 15 years and other intangible assets are amortized generally for periods between one and 15 years, based on their pattern of economic benefit or on a straight-line basis. Computer Software. We develop and purchase software for internal use. Software development costs incurred during the application development stage are capitalized. Once the software has been installed and tested, and is ready for use, additional costs incurred in connection with the software are expensed as incurred. Capitalized computer software costs are amortized over the estimated useful life of the software, usually between three and ten years. Computer software costs are included in other assets, net, in the consolidated balance sheets. Unamortized software at December 31, 2013 and 2012 was $74.4 million and $59.7 million. Depreciation and amortization expense includes $14.2 million, $11.0 million and $9.9 million of software amortization for the years ended December 31, 2013, 2012 and 2011. Long-Lived Assets. Long-lived assets, which include property and equipment, finite-lived intangible assets, and unamortized software costs, are evaluated for impairment whenever events or changes in circumstances indicate that the carrying amount of long-lived assets may not be recoverable. We assess long-lived assets for potential impairment by comparing the carrying value of an asset, or group of related assets, to their estimated undiscounted future cash flows. Self-Insurance Liabilities. We are self-insured for most employee healthcare, workers’ compensation and automobile liability costs; however, we maintain insurance for individual losses exceeding certain limits. Liabilities are estimated for healthcare costs using current and historical claims data. Liabilities for workers’ compensation and automobile liability claims are estimated using historical claims data and loss development factors. If the underlying facts and circumstances of existing claims change or historical trends are not indicative of future trends, then we may be required to record additional expense or reductions to expense. Self-insurance liabilities are included in other accrued liabilities on the consolidated balance sheets. Revenue Recognition. Revenue is recognized when persuasive evidence of an arrangement exists, delivery has occurred or services have been rendered, the price or fee is fixed or determinable, and collectability is reasonably assured. Under most of our distribution contracts, title passes to the customer when the product is received by the customer. We record product revenue at the time that shipment is completed. Distribution fee revenue, when calculated as a mark-up of the product cost, is also recognized at the time that shipment is completed. Revenue for activity-based fees and other services is recognized as work is performed and as amounts are earned. Depending on the specific contractual provisions and nature of the deliverable, revenue from services may be recognized on a straight-line basis over the term of the service, on a proportional performance model, based on level of effort, or when final deliverables have been provided. Additionally, we generate fees from arrangements that include performance targets related to cost-saving initiatives for customers that result from our supply-chain management services. Achievement against performance targets, measured in accordance with contractual terms, may result in additional fees paid to us or, if performance targets are not achieved, we may be obligated to refund or reduce a portion of our fees to provide credits toward future purchases by the customer. For these arrangements, all contingent revenue is deferred and recognized as the performance target is achieved and the applicable contingency is released. When we determine that a loss is probable under a contract, the estimated loss is accrued. We allocate revenue for arrangements with multiple deliverables meeting the criteria for a separate unit of accounting using the relative selling price method and recognize revenue for each deliverable in accordance with applicable revenue recognition criteria. In most cases, we record revenue gross, as we are the primary obligor in our sales arrangements, bear the risk of general and physical inventory loss and carry all credit risk associated with sales. When we act as an agent in a sales arrangement and do not bear a significant portion of these risks, primarily for our third-party logistics business, we record revenue net of product cost. Sales taxes collected from customers and remitted to governmental authorities are excluded from revenues. Selling, General and Administrative (SG&A) Expenses. SG&A expenses include labor and warehousing costs associated with our distribution and third-party logistics services, as well as labor costs for our supply-chain consulting services. Shipping and handling costs are included in SG&A expenses on the consolidated statements of income and include costs to store, move and prepare products for shipment, as well as costs to deliver products to customers. Shipping and handling costs billed to customers are included in net revenues. Freight costs incurred for shipments of products from manufacturers to our distribution centers are included in cost of goods sold. Supplier Incentives. We have contractual arrangements with certain suppliers that provide incentives, including cash discounts for prompt payment, operational efficiency and performance-based incentives. These incentives are recognized as a reduction in cost of goods sold as targets become probable of achievement. Share-Based Compensation. We account for share-based payments to employees at fair value and recognize the related expense in selling, general and administrative expenses over the service period for awards expected to vest. Derivative Financial Instruments. We periodically enter into interest rate swaps as part of our interest rate risk management strategy. The purpose of these swaps is to maintain a mix of fixed to floating rate financing in order to manage interest rate risk. Generally, the interest rate swaps are designated as fair value hedges of specified portions of long-term debt using the shortcut method, when both the swaps and the long-term debt meet all of the conditions for the use of this method. Accordingly, no net gains or losses are typically recorded in the consolidated statements of income related to changes in the fair value of the underlying debt and interest rate swaps. These swaps are recognized on the balance sheet at their fair value, which is determined by using observable market inputs (Level 2). There were no outstanding derivative instruments at December 31, 2013 or 2012. Income Taxes. We account for income taxes under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income from continuing operations in the period that includes the enactment date. Valuation allowances are provided if it is more likely than not that a deferred tax asset will not be realized. When we have claimed tax benefits that may be challenged by a tax authority, an estimate of the effect of these uncertain tax positions is recorded. It is our policy to provide for uncertain tax positions and the related interest and penalties based upon an assessment of whether a tax benefit is more likely than not to be sustained upon examination by tax authorities. To the extent that the tax outcome of these uncertain tax positions changes, based on our assessment, such changes in estimate may impact the income tax provision in the period in which such determination is made. We earn a portion of our operating earnings in foreign jurisdictions outside the United States, which we consider to be indefinitely reinvested. Accordingly, no United States federal and state income taxes and withholding taxes have been provided on these earnings. Our cash, cash-equivalents, short-term investments, and marketable securities held by our foreign subsidiaries totaled $22.2 million and $24.9 million as of December 31, 2013 and 2012. We do not intend, nor do we foresee a need, to repatriate these funds or other assets held outside the U.S. In the future, should we require more capital to fund discretionary activities in the U.S. than is generated by our domestic operations and is available through our borrowings, we could elect to repatriate cash or other assets from foreign jurisdictions that have previously been considered to be indefinitely reinvested. Upon distribution of these assets, we could be subject to additional U.S. federal and state income taxes and withholding taxes payable to foreign jurisdictions, where applicable. Fair Value Measurements. Fair value is determined based on assumptions that a market participant would use in pricing an asset or liability. The assumptions used are in accordance with a three-tier hierarchy, defined by GAAP, that draws a distinction between market participant assumptions based on (i) observable inputs such as quoted prices in active markets (Level 1), (ii) inputs other than quoted prices in active markets that are observable either directly or indirectly (Level 2) and (iii) unobservable inputs that require the use of present value and other valuation techniques in the determination of fair value (Level 3). 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. 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). 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 Notes 7, 10 and 11 for the fair value of property held for sale, debt instruments and interest rate swaps. Acquisition-Related and Exit and Realignment Costs. We present costs incurred in connection with acquisitions in acquisition-related and exit and realignment charges in our consolidated statements of income. Acquisition-related charges 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. Costs associated with exit and realignment activities are recorded at their fair value when incurred. Liabilities are established at the cease-use date for remaining operating lease and other contractual obligations, net of estimated sub-lease income. The net lease termination cost is discounted using a credit-adjusted risk-free rate of interest. We evaluate these assumptions quarterly and adjust the liability accordingly. The current portion of accrued lease and other contractual termination costs is included in other accrued liabilities on the consolidated balance sheets, and the non-current portion is included in other liabilities. Severance benefits are recorded when payment is considered probable and reasonably estimable. Income Per Share. Basic and diluted income per share are calculated pursuant to the two-class method, under which unvested share-based payment awards containing nonforfeitable rights to dividends are participating securities. Foreign Currency Translation. Our foreign subsidiaries generally consider their local currency to be their functional currency. Assets and liabilities of these foreign subsidiaries are translated into U.S. dollars at period-end exchange rates and revenues and expenses are translated at average exchange rates during the period. Cumulative currency translation adjustments are included in accumulated other comprehensive income (loss) in shareholders’ equity. Gains and losses on intercompany foreign currency transactions that are long-term in nature and which we do not intend to settle in the foreseeable future are also recognized in other comprehensive income (loss) in shareholders’ equity. Realized gains and losses from foreign currency transactions are recorded in other operating income, net in the consolidated statements of income and were not material to our consolidated results of operations in 2013, 2012, and 2011. Business Combinations. We account for acquired businesses using the acquisition method of accounting, which requires that the assets acquired and liabilities assumed be recorded at the date of acquisition at their respective fair values. Any excess of the purchase price over the estimated fair values of the net assets acquired is recorded as goodwill. Recent Accounting Pronouncements. During 2013, we adopted Accounting Standard Updates (ASU’s) issued by the Financial Accounting Standards Board (FASB). We adopted an ASU issued by the Financial Accounting Standards Board (FASB) for clarifying disclosures of offsetting assets and liabilities. This clarifies the scope and treatment of derivatives that are offset or subject to an enforceable master netting arrangement. The adoption of this guidance did not have an impact on our financial position or results of operations. We adopted an ASU for reporting amounts reclassified out of accumulated other comprehensive income. This update requires entities to disclose the amounts reclassified out of accumulated other comprehensive income by component. The adoption of this guidance did not have an impact on our financial position or results of operations. We have adopted an ASU for reporting cumulative translation adjustment upon derecognition of foreign subsidiaries, assets or investments. This update requires the release of related cumulative translation adjustment when the parent ceases to have a controlling financial interest. The adoption of this guidance did not have an impact on our financial position or results of operations.

Significant Risks and Uncertainties	12 Months Ended
Significant Risks and Uncertainties	Dec. 31, 2013
Risks and Uncertainties [Abstract]
Significant Risks and Uncertainties	Significant Risks and Uncertainties Many of our hospital customers in the U.S. are represented by group purchasing organizations (GPOs) that contract with us for services on behalf of the GPO members. GPOs representing a significant portion of our business are Novation, LLC (Novation), MedAssets Inc. (MedAssets) and Premier, Inc. (Premier). Members of these GPOs have incentives to purchase from their primary selected distributor; however, they operate independently and are free to negotiate directly with distributors and manufacturers. For 2013, 2012 and 2011, net revenue from hospitals under contract with these GPOs represented the following percentages of our net revenue annually: Novation—32% to 35%; MedAssets (including Broadlane in 2012 and 2011)—24%; and Premier—20% to 22%. Net revenue from sales of product supplied by subsidiaries of Covidien Ltd. and Johnson & Johnson Healthcare Systems, Inc. represented approximately 13% and 10% of our net revenue annually for 2013, 2012 and 2011, respectively.

Acquisition

12 Months Ended

Dec. 31, 2013

Business Combinations [Abstract]

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 $157.3 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 estimate of their fair values at the date of acquisition, with certain exceptions permitted under GAAP. The purchase price exceeded the estimated fair value of the net tangible and identifiable intangible assets by $25.4 million, which was allocated to goodwill. The following table presents the estimated fair value of the assets acquired and liabilities assumed recognized as of the acquisition date.



	Preliminary Fair Value Estimated as of Acquisition Date(1)		Measurement Period Adjustments Recorded in 2013			Fair Value 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		387			25,429
Intangible assets	21,543		1,335			22,878
Other noncurrent assets	11,664		512			12,176
Total assets	360,030		144			360,174
Liabilities assumed:
Current liabilities	190,485		414			190,899
Noncurrent liabilities	12,237		(270		)	11,967
Total liabilities	202,722		144			202,866
Fair value of net assets acquired, net of cash	$	157,308	$	—		$	157,308


⁽¹⁾	As previously reported in our 2012 Form 10-K.

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 $25.4 million 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 included 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 the 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 operating and administrative functions from the former owner. We recognized pre-tax acquisition-related expenses of $3.5 million and $10.5 million for the years ended December 31, 2013 and 2012.

- 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).

+ References

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+ Details

Accounts and Notes Receivable, Net	12 Months Ended
Accounts and Notes Receivable, Net	Dec. 31, 2013
Receivables [Abstract]
Accounts and Notes Receivable, Net	Accounts and Notes Receivable, Net Allowances for losses on accounts and notes receivable of $15.0 million, $14.7 million and $15.6 million have been applied as reductions of accounts receivable at December 31, 2013, 2012, and 2011. Write-offs of accounts and notes receivable were $1.1 million, $1.9 million and $2.0 million for 2013, 2012 and 2011.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

Merchandise Inventories	12 Months Ended
Merchandise Inventories	Dec. 31, 2013
Inventory Disclosure [Abstract]
Merchandise Inventories	Merchandise Inventories At December 31, 2013 and 2012, we had inventory of $771.7 million and $763.8 million, of which $749.5 million and $749.4 million were valued under LIFO. If LIFO inventories had been valued on a current cost or first-in, first-out (FIFO) basis, they would have been greater by $108.6 million and $110.9 million as of December 31, 2013 and 2012.

Financing Receivables	12 Months Ended
Financing Receivables	Dec. 31, 2013
Receivables [Abstract]
Financing Receivables and Payables	Financing Receivables and Payables At December 31, 2013 and 2012, we had financing receivables of $198.5 million and $140.7 million and related payables of $165.3 million and $130.1 million outstanding under our order-to-cash program, which were included in other current assets and other current liabilities, respectively, in the consolidated balance sheet.

Property and Equipment

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and equipment consists of the following:



December 31,	2013			2012
Warehouse equipment	$	160,379		$	148,037
Computer equipment	31,784			36,007
Building and improvements	50,225			52,881
Leasehold improvements	49,879			43,378
Land and improvements	17,489			16,269
Furniture and fixtures	11,491			11,132
Office equipment and other	8,240			6,010
	329,487			313,714
Accumulated depreciation and amortization	(137,526		)	(121,873		)
Property and equipment, net	$	191,961		$	191,841

Depreciation and amortization expense for property and equipment was $33.1 million, $26.1 million, and $21.2 million for the years ended December 31, 2013, 2012, and 2011.

Property held for sale of $1.1 million at December 31, 2012 is included in other assets, net, in the consolidated balance sheets. We have no property classified as held for sale at December 31, 2013.

Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

The following table summarizes the changes in the carrying amount of goodwill through December 31, 2013:



	Domestic Segment		International Segment		Consolidated Total
Carrying amount of goodwill, December 31, 2012	$	248,498	$	26,386	$	274,884
Currency translation adjustments	—		168		168
Fair value adjustments (See Note 3)	—		387		387
Carrying amount of goodwill, December 31, 2013	$	248,498	$	26,941	$	275,439

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



	2013						2012
	Customer Relationships			Other Intangibles			Customer Relationships			Other Intangibles
Gross intangible assets	$	51,544		$	3,933		$	51,603		$	2,848
Accumulated amortization	(14,281		)	(790		)	(11,717		)	(421		)
Net intangible assets	$	37,263		$	3,143		$	39,886		$	2,427
Weighted average useful life	13 years			6 years			13 years			6 years

Gross intangible assets increased $1.3 million in 2013 as a result of finalizing the Movianto purchase price allocation (see Note 3), partially offset by the write-off of a fully amortized intangible for $0.3 million. Amortization expense for intangible assets was $3.3 million for 2013, $2.5 million for 2012, and $3.1 million for 2011.

Based on the current carrying value of intangible assets subject to amortization, estimated amortization expense is $4.5 million for 2014, $5.0 million for 2015, $5.1 million for 2016, $5.0 million for 2017 and $4.2 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

12 Months Ended

Dec. 31, 2013

Restructuring and Related Activities [Abstract]

Exit and Realignment Costs

We periodically incur exit and realignment and other charges associated with optimizing our operations, which include the consolidation of distribution centers, the realignment of our distribution network, and the closure of offsite warehouses.

In 2013, we expensed $8.9 million associated with these activities, of which $8.2 million was in the Domestic segment and $0.7 million was in the International segment. The charges include $3.1 million in loss accruals associated with our operating leases and estimated severance. The remaining charges of $5.8 million were comprised of costs that are expensed as incurred and not reflected in the table below, including $3.7 million in product move costs and the remainder in losses on property and equipment and other expenses. We expect additional exit and realignment charges of approximately $2.5 million over 2014 for activities initiated in the Domestic segment through December 31, 2013.

During the fourth quarter of 2012, we expensed total charges in our Domestic segment of $2.2 million associated with exit and realignment activities. These charges include $1.1 million in employee severance. The remaining charges of $1.1 million are comprised of costs that were expensed as incurred and not reflected in the table below, including $0.8 million related to impairment losses associated with property and equipment and $0.3 million in other expenses.

During 2011, we expensed 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 and employee severance costs of $3.0 million. The remaining charges of $1.3 million are comprised of costs that were expensed as incurred and not reflected in the table below, including losses associated with property and equipment and other expenses. In the fourth quarter of 2012, we recorded income of $2.6 million related to a favorable lease settlement associated with the 2011 activities.

The following table summarizes the activity related to exit and realignment cost accruals through December 31, 2013:



	Lease obligations			Severance and Other			Total
Accrued exit and realignment charges, January 1, 2011	$	—		$	—		$	—
Provision for exit and realignment activities	8,362			3,002			11,364
Cash payments, net of sublease income	(98		)	(1,171		)	(1,269		)
Accrued exit and realignment charges, December 31, 2011	8,264			1,831			10,095
Provision for exit and realignment activities	95			1,088			1,183
Change in estimate	(2,183		)	—			(2,183		)
Interest accretion	267			—			267
Cash payments, net of sublease income	(1,345		)	(1,803		)	(3,148		)
Accrued exit and realignment charges, December 31, 2012	5,098			1,116			6,214
Provision for exit and realignment activities	2,932			128			3,060
Cash payments, net of sublease income	(5,596		)	(769		)	(6,365		)
Accrued exit and realignment charges, December 31, 2013	$	2,434		$	475		$	2,909

Debt

12 Months Ended

Dec. 31, 2013

Debt Disclosure [Abstract]

Debt

Debt consists of the following:



	2013						2012
December 31,	Carrying Amount			Estimated Fair Value			Carrying Amount			Estimated Fair Value
6.35% Senior Notes, $ 200 million par value, maturing April 2016	$	204,028		$	218,750		$	205,754		$	219,500
Capital leases	12,215			12,215			11,837			11,837
Total debt	216,243			230,965			217,591			231,337
Less current maturities	(2,428		)	(2,428		)	(2,208		)	(2,208		)
Long-term debt	$	213,815		$	228,537		$	215,383		$	229,129

At December 31, 2013 and 2012, we had $200 million of 6.35% Senior Notes outstanding, which mature on April 15, 2016 (Senior Notes). Interest on the Senior Notes is payable semi-annually on April 15 and October 15. 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%. The observed yield of the senior notes at December 31, 2013 was 2.12%.

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 that expired 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 December 31, 2013 and 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. We also had a $1.5 million and $1.4 million letter of credit supporting our European leased facilities outstanding as of December 31, 2013 and 2012 not issued under our Credit Agreement.

The Revolving Credit Facility and Senior Notes contain cross-default provisions which could result in the acceleration of payments due in the event of default of either agreement. We believe we were in compliance with our debt covenants at December 31, 2013.

We assumed debt (primarily capitalized lease obligations) of approximately $2.1 million with the acquisition of Movianto.

Cash payments for interest during 2013, 2012 and 2011 were $14.7 million, $14.7 million and $14.1 million.

Based on lease commitments outstanding at December 31, 2013, minimum capital lease payments, excluding interest, are $3.5 million in 2014, $2.9 million in 2015, $2.4 million in 2016, $1.6 million in 2017 and $1.0 million in 2018.

Derivative Financial Instruments	12 Months Ended
Derivative Financial Instruments	Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments In April 2011, we entered into interest rate swap agreements for an aggregate $175 million in notional amounts, under which we paid counterparties a variable rate based on the six-month LIBOR plus a spread of approximately 393 basis points, and the counterparties paid us a fixed rate of 6.35%. These agreements effectively converted 87.5% of our Senior Notes to variable-rate debt. The swaps were designated as fair value hedges of specified portions of the Senior Notes using the shortcut method, as both the swaps and the Senior Notes met all of the conditions for the use of this method. Accordingly, no net gains or losses were recorded in the consolidated statements of income related to changes in the fair value of the underlying debt and interest rate swap agreements. We terminated these swaps in July 2011 and received proceeds of $4.0 million, plus accrued interest of $0.8 million. The fair value adjustment of $4.0 million to the carrying value of the related debt, plus the remaining balance of a fair value adjustment related to interest rate swaps terminated in 2008, are being recognized as an offset to interest expense using the interest method over the remaining life of the debt. We did not hold any derivative financial instruments during 2012 or 2013.

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Share-Based Compensation

12 Months Ended

Dec. 31, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Share-Based Compensation

We maintain a share-based compensation plan (the Plan) that is administered by the Compensation and Benefits Committee of the Board of Directors. The Plan allows us to award or grant to officers, directors and employees incentive, non-qualified and deferred compensation stock options, stock appreciation rights (SARs), performance shares, and restricted and unrestricted stock. We use authorized and unissued common shares for grants of restricted stock or for stock option exercises. At December 31, 2013, approximately 2.0 million common shares were available for issuance under the Plan.

Restricted stock awarded under the Plan generally vests over one, three or five years. Certain restricted stock grants contain accelerated vesting provisions, based on the satisfaction of certain performance criteria related to the achievement of certain financial and operational results. Performance shares awarded under the Plan are issuable as restricted stock upon meeting performance goals and vest over three years. Stock options awarded under the Plan are generally subject to graded vesting over three years and expire seven to ten years from the date of grant. The options are granted at a price equal to fair market value at the date of grant. We did not grant any stock options in 2013, 2012, or 2011.

We have a Management Equity Ownership Program that requires each of our officers to own common stock at specified levels, which gradually increase over five years. Officers and certain other employees who meet specified ownership goals in a given year are awarded restricted stock or performance shares under the provisions of the program. We recognize the fair value of stock-based compensation awards, which is based upon the market price of the underlying common stock at the grant date, on a straight-line basis over the estimated requisite service period, which may be based on a service condition, a performance condition, or a combination of both. The fair value of performance shares as of the date of grant is estimated assuming that performance goals will be achieved at target levels. If such goals are not probable of being met, or are probable of being met at different levels, recognized compensation cost is adjusted to reflect the change in estimated fair value of restricted stock to be issued at the end of the performance period.

Total share-based compensation expense for December 31, 2013, 2012 and 2011, was $6.4 million, $5.7 million and $5.7 million, with recognized tax benefits of $2.5 million, $2.2 million and $2.2 million. Unrecognized compensation cost related to nonvested restricted stock awards, net of estimated forfeitures, was $10.2 million at December 31, 2013. This amount is expected to be recognized over a weighted-average period of 2.3 years, based on the maximum remaining vesting period required under the awards, and the amount that would be recognized over a shorter period based on accelerated vesting provisions, is approximately $0.5 million. Unrecognized compensation cost related to nonvested performance share awards as of December 31, 2013 was $1.7 million and will be recognized primarily in 2014 if the related performance targets are met.

The following table summarizes the activity and value of nonvested restricted stock and performance share awards for the years ended December 31, 2013, 2012 and 2011:



	2013				2012				2011
	Number of Shares (000’s)		Weighted Average Grant-date Value (per share)		Number of Shares (000’s)		Weighted Average Grant-date Value (per share)		Number of Shares (000’s)		Weighted Average Grant-date Value (per share)
Nonvested awards at beginning of year	720		$	30.14	826		$	27.97	1,027		$	27.61
Granted	339		31.65		298		29.86		318		31.45
Vested	(206	)	30.22		(300	)	23.69		(369	)	26.17
Forfeited	(115	)	30.51		(104	)	30.35		(150	)	28.43
Nonvested awards at end of year	738		30.81		720		30.14		826		27.97

The total value of restricted stock vesting during the years ended December 31, 2013, 2012 and 2011, was $6.2 million, $7.1 million and $9.7 million. There were no SARs outstanding at December 31, 2013 and 2012.

The following table summarizes the activity and terms of outstanding options at December 31, 2013, and for each of the years in the three-year period then ended:



	Number of Options (000’s)		Weighted Average Exercise Price (per share)		Weighted Average Remaining Contractual Life (years)	Aggregate Intrinsic Value (millions)
Options outstanding at December 31, 2010	993		$	21.30
Exercised	(432	)	20.74
Forfeited	(5	)	23.50
Options outstanding at December 31, 2011	556		21.72
Exercised	(237	)	21.04
Forfeited	(7	)	21.07
Options outstanding at December 31, 2012	312		22.25
Exercised	(244	)	21.97
Forfeited	(4	)	21.72
Options outstanding at December 31, 2013	64		23.33		0.7	$	0.8

At December 31, 2013, the following stock option groups were outstanding:



	Number of Options (000’s)	Weighted Average Exercise Price (per share)		Weighted Average Remaining Contractual Life (years)
Range of Exercise Prices (per share)
$17.01—22.00	15	$	20.49	1.8
$22.01—27.00	49	24.21		0.4
Options outstanding at December 31, 2013	64	23.33		0.7

The total intrinsic value of stock options exercised during the years ended December 31, 2013, 2012 and 2011, was $0.8 million, $1.9 million, and $4.9 million. No options were granted in 2013, 2012 or 2011. All options outstanding at December 31, 2013, were vested and exercisable.

Retirement Plans

12 Months Ended

Dec. 31, 2013

Domestic Retirement Plans

Retirement Plans

Savings and Retirement Plans. We maintain a voluntary 401(k) savings and retirement plan covering substantially all full-time and certain part-time employees in the United States who have completed one month of service and have attained age 18. We match a certain percentage of each employee’s contribution. The plan also provides for a minimum contribution by us to the plan for all eligible employees of 1% of their salary, subject to certain limits, and discretionary profit-sharing contributions. We may increase or decrease our matching contributions at our discretion, on a prospective basis. We incurred $10.1 million, $9.8 million, and $9.8 million of expense related to this plan in 2013, 2012 and 2011. We also maintain defined contribution plans in some of the European countries in which we operate. Expenses related to these plans were not material in 2013 and 2012.

Domestic 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 following table sets forth the Domestic Retirement Plan’s financial status and the amounts recognized in our consolidated balance sheets:



December 31,	2013			2012
Change in benefit obligation
Benefit obligation, beginning of year	$	46,759		$	41,170
Service cost	—			130
Interest cost	1,608			1,616
Actuarial (gain) loss	(4,700		)	6,125
Benefits paid	(1,656		)	(1,644		)
Curtailment gain	—			(638		)
Benefit obligation, end of year	$	42,011		$	46,759
Change in plan assets
Fair value of plan assets, beginning of year	$	—		$	—
Employer contribution	1,656			1,644
Benefits paid	(1,656		)	(1,644		)
Fair value of plan assets, end of year	$	—		$	—
Funded status at December 31	$	(42,011	)	$	(46,759	)
Amounts recognized in the consolidated balance sheets
Other current liabilities	$	(1,831	)	$	(1,643	)
Other liabilities	(40,178		)	(45,115		)
Accumulated other comprehensive loss	10,849			16,915
Net amount recognized	$	(31,160	)	$	(29,843	)
Accumulated benefit obligation	$	42,011		$	46,759
Weighted average assumptions used to determine benefit obligation
Discount rate	4.50		%	3.50		%
Rate of increase in compensation levels	N/A			N/A

Plan benefit obligations of the Domestic Retirement Plan were measured as of December 31, 2013 and 2012 and as of March 31, 2012. Plan benefit obligations are determined using assumptions developed at the measurement date. The weighted average discount rate, which is used to calculate the present value of plan liabilities, is an estimate of the interest rate at which the plan liabilities could be effectively settled at the measurement date. When estimating the discount rate, we review yields available on high-quality, fixed-income debt instruments and use a yield curve model from which the discount rate is derived by applying the projected benefit payments under the plan to points on a published yield curve.

The components of net periodic benefit cost for the Domestic Retirement Plan, which is included in selling, general, and administrative expenses in the consolidated statements of income, are as follows:



Year ended December 31,	2013			2012			2011
Service cost	$	—		$	130		$	1,302
Interest cost	1,608			1,616			1,805
Amortization of prior service cost	—			—			293
Recognized net actuarial loss	1,366			971			582
Curtailment loss	—			234			—
Net periodic benefit cost	$	2,974		$	2,951		$	3,982
Weighted average assumptions used to determine net periodic benefit cost
Discount rate	3.50		%	4.00		%	5.20		%
Rate of increase in future compensation levels	N/A			3.00		%	3.00		%

Amounts recognized for the Domestic Retirement Plan as a component of accumulated other comprehensive loss as of the end of the year that have not been recognized as a component of the net periodic benefit cost are presented in the following table. We expect to recognize approximately $0.8 million of the net actuarial loss reported in the following table as of December 31, 2013, as a component of net periodic benefit cost during 2014.



Year ended December 31,	2013			2012
Net actuarial loss	$	(10,848	)	$	(16,915	)
Prior service cost	—			—
Deferred tax benefit	4,231			6,597
Amounts included in accumulated other comprehensive income (loss), net of tax	$	(6,617	)	$	(10,318	)

As of December 31, 2013, the expected benefit payments required for each of the next five years and the five-year period thereafter for the Domestic Retirement Plan are as follows:



Year
2014	$	1,872
2015	1,987
2016	2,097
2017	2,193
2018	2,295
2019-2023	13,308

International Retirement Plans. Certain of our foreign subsidiaries have defined benefit pension plans covering substantially all of their respective employees. As of December 31, 2013 and 2012, the accumulated benefit obligation under these plans was $2.4 million and $2.2 million. We recorded $0.2 million and $0.1 million in net periodic benefit cost in selling, general and administrative expenses for the years ended December 31, 2013 and 2012.

Income Taxes

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Income Taxes

The components of income (loss) before income taxes consist of the following:



Year ended December 31,	2013			2012			2011
Income (loss) before income taxes:
U.S.	$	192,239		$	192,978		$	189,833
Foreign	(7,254		)	(9,622		)	—
Income before income taxes	$	184,985		$	183,356		$	189,833

The income tax provision consists of the following:



Year ended December 31,	2013			2012			2011
Current tax provision (benefit):
Federal	$	58,487		$	62,859		$	50,780
State	10,455			10,537			9,335
Foreign	1,448			(103		)	—
Total current tax provision	70,390			73,293			60,115
Deferred tax provision (benefit):
Federal	5,455			2,529			12,983
State	394			438			1,537
Foreign	(2,136		)	(1,907		)	—
Total deferred tax provision	3,713			1,060			14,520
Total income tax provision	$	74,103		$	74,353		$	74,635

A reconciliation of the federal statutory rate to our effective income tax rate is shown below:



Year ended December 31,	2013		2012		2011
Federal statutory rate	35.0	%	35.0	%	35.0	%
Increases in the rate resulting from:
State income taxes, net of federal income tax impact	3.9	%	3.9	%	3.7	%
Foreign income taxes	0.4	%	0.7	%	—	%
Other	0.8	%	1.0	%	0.6	%
Effective income tax rate	40.1	%	40.6	%	39.3	%

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities are presented below:



December 31,	2013			2012
Deferred tax assets:
Employee benefit plans	$	28,995		$	30,138
Accrued liabilities not currently deductible	13,591			17,610
Finance charges	6,316			7,042
Intangible assets	2,171			2,749
Property and equipment	1,507			1,593
Allowance for losses on accounts and notes receivable	3,922			3,885
Net operating loss carryforwards	8,643			5,540
Other	2,083			1,901
Total deferred tax assets	67,228			70,458
Less: valuation allowances	(5,250		)	(3,683		)
Net deferred tax assets	61,978			66,775
Deferred tax liabilities:
Merchandise inventories	69,994			70,916
Goodwill	33,455			31,020
Property and equipment	18,026			18,110
Computer software	11,400			10,576
Insurance	1,070			1,030
Intangible assets	4,523			5,266
Employee benefit plans	103			188
Other	585			1,309
Total deferred tax liabilities	139,156			138,415
Net deferred tax liability	$	(77,178	)	$	(71,640	)

The valuation allowances relate to deferred tax assets in various state and non-U.S. jurisdictions. Based on management’s judgments using available evidence about historical and expected future taxable earnings, management believes it is more likely than not that we will realize the benefit of the existing deferred tax assets, net of valuation allowances, at December 31, 2013. The valuation allowances primarily relate to net operating loss carryforwards in non-U.S. jurisdictions which have various expiration dates ranging from five years to an unlimited carryforward period. There were no significant decreases in valuation allowances during 2013.

It is our intention to permanently reinvest the earnings of our non-U.S. subsidiaries in those operations. As of December 31, 2013, we have not made a provision for U.S. or additional foreign withholding taxes on investments in foreign subsidiaries that are permanently reinvested, and there are no deferred tax liabilities that have not been provided.

Cash payments for income taxes, including interest, for 2013, 2012, and 2011 were $65.4 million, $78.5 million, and $61.8 million.

At December 31, 2013 and 2012, the liability for unrecognized tax benefits was $4.6 million and $12.3 million. A reconciliation of the changes in unrecognized tax benefits from the beginning to the end of the reporting period is as follows:



	2013			2012
Unrecognized tax benefits at January 1,	$	12,303		$	13,152
Increases for positions taken during current period	758			574
Increases for positions taken during prior periods	333			191
Decreases for positions taken during prior periods	(4,939		)	(432		)
Lapse of statute of limitations	(3,580		)	(1,182		)
Settlements with taxing authorities	(227		)	—
Unrecognized tax benefits at December 31,	$	4,648		$	12,303

Included in the liability for unrecognized tax benefits at December 31, 2013 and 2012, were $3.4 million and $10.7 million of tax positions for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. These tax positions are temporary differences which do not impact the annual effective tax rate under deferred tax accounting. Any change in the deductibility period of these tax positions would impact the timing of cash payments to taxing jurisdictions. Unrecognized tax benefits of $1.0 million and $1.7 million at December 31, 2013 and 2012, would impact our effective tax rate if recognized.

We recognize accrued interest and penalties related to unrecognized tax benefits in income tax expense. Accrued interest at December 31, 2013 and 2012 was $0.1 million and $0.6 million. Interest income recognized during 2013 and 2012 was $0.4 million and $0.1 million. Interest expense recognized in 2011 was $0.2 million. There were no penalties accrued at December 31, 2013 or 2012 or recognized in 2013, 2012 and 2011.

We file income tax returns in the U.S. federal and various state and foreign jurisdictions. Our U.S. federal income tax returns for the years 2011 and 2012 are subject to examination. In 2013 we concluded examinations of the 2009 and 2010 Federal returns and certain state income tax returns. Our income tax returns for U.S. state and local jurisdictions are generally open for the years 2010 through 2012; however, certain returns may be subject to examination for differing periods. The seller is contractually obligated to indemnify us for all income tax liabilities incurred by the Movianto business prior to our acquisition on August 31, 2012.

Net Income per Common Share

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Net Income per Common Share

Note 15—Net Income per Common Share

The following table summarizes the calculation of net income per share attributable to common shareholders for the years ended December 31, 2013, 2012, and 2011.



Year ended December 31,	2013			2012			2011
Numerator:
Net income	$	110,882		$	109,003		$	115,198
Less: income allocated to unvested restricted shares	(738		)	(749		)	(1,059		)
Net income attributable to common shareholders—basic	110,144			108,254			114,139
Add: undistributed income attributable to unvested restricted shares—basic	257			292			480
Less: undistributed income attributable to unvested restricted shares—diluted	(257		)	(292		)	(479		)
Net income attributable to common shareholders—diluted	$	110,144		$	108,254		$	114,140
Denominator:
Weighted average shares outstanding—basic	62,625			62,765			62,756
Dilutive shares—stock options	36			79			168
Weighted average shares outstanding—diluted	62,661			62,844			62,924
Net income attributable to common shareholders:
Basic	$	1.76		$	1.72		$	1.82
Diluted	$	1.76		$	1.72		$	1.81

Shareholders' Equity	12 Months Ended
Shareholders' Equity	Dec. 31, 2013
Equity [Abstract]
Shareholders' Equity	Shareholders’ Equity We have a shareholder rights agreement under which one Right is attendant to each outstanding share of our common stock. Each Right entitles the registered holder to purchase from us one fifteen-hundredth of a share of a Series A Participating Cumulative Preferred Stock (Series A Preferred Stock) at an exercise price of $66.67 (Purchase Price). The Rights will become exercisable, if not earlier redeemed, only if a person or group acquires more than 15% of the outstanding shares of our common stock, or if the Board of Directors so determines following the commencement of a public announcement of a tender or exchange offer, the consummation of which would result in ownership by a person or group of more than 15% of such outstanding shares. Each holder of a Right, upon the occurrence of certain events, will become entitled to receive, upon exercise and payment of the Purchase Price, Series A Preferred Stock (or in certain circumstances, cash, property or other securities of ours or a potential acquirer) having a value equal to twice the amount of the Purchase Price. The agreement is subject to review every three years by our independent directors. The Rights will expire on April 30, 2014, if not earlier redeemed. 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 plan and may be suspended or discontinued at any time. During the year ended December 31, 2013, we repurchased in open-market transactions and retired approximately 0.6 million shares of our common stock for an aggregate of $18.9 million, or an average price per share of $33.72. As of December 31, 2013, we have no remaining shares available under the repurchase program. In February 2014, our Board of Directors renewed our share repurchase program authorizing the purchase of $100 million in common stock through 2017. The timing of repurchases and the exact number of shares of common stock to be repurchased will be determined by management based upon market conditions and other factors. The program is intended, in part, to offset shares issued in conjunction with our stock incentive plan and may be suspended or discontinued at any time. The noncontrolling interest in net income was not material in 2013, 2012 or 2011.

- 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.

+ References

Reference 1: 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.(d),(e))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 4.E)
-URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.29-31)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB TOPIC 4.C)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph d
-Article 4

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

+ Details

Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2013

Equity [Abstract]

Accumulated Other Comprehensive Income

The following tables show the changes in accumulated other comprehensive income (loss) by component for the years ended December 31, 2013, 2012 and 2011:



	Retirement 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	4,902			6,254			—			11,156
Income tax	(1,897		)	(111		)	—			(2,008		)
Other comprehensive income before reclassifications, net of tax	3,005			6,143			—			9,148
Amounts reclassified from accumulated other comprehensive income (loss)	1,366			—			(40		)	1,326
Income tax	(532		)	—			32			(500		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	834			—			(8		)	826
Other comprehensive income (loss)	3,839			6,143			(8		)	9,974
Accumulated other comprehensive income (loss), December 31, 2013	$	(6,479	)	$	15,892		$	155		$	9,568



	Retirement Plans			Currency Translation Adjustments			Other			Total
Accumulated other comprehensive income (loss), December 31, 2011	$	(7,707	)	$	—		$	213		$	(7,494	)
Other comprehensive income (loss) before reclassifications	(5,487		)	9,959			—			4,472
Income tax	2,141			(210		)	—			1,931
Other comprehensive income (loss) before reclassifications, net of tax	(3,346		)	9,749			—			6,403
Amounts reclassified from accumulated other comprehensive income (loss)	1,205			—			(82		)	1,123
Income tax	(470		)	—			32			(438		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	735			—			(50		)	685
Other comprehensive income (loss)	(2,611		)	9,749			(50		)	7,088
Accumulated other comprehensive income (loss), December 31, 2012	$	(10,318	)	$	9,749		$	163		$	(406	)



	Retirement Plans			Currency Translation Adjustments		Other			Total
Accumulated other comprehensive income (loss), December 31, 2010	$	(5,379	)	$	—	$	263		$	(5,116	)
Other comprehensive income (loss) before reclassifications	(4,690		)	—					(4,690		)
Income tax	1,829			—		—			1,829
Other comprehensive income (loss) before reclassifications, net of tax	(2,861		)	—		—			(2,861		)
Amounts reclassified from accumulated other comprehensive income (loss)	874			—		(82		)