10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

________________________________________________ 

FORM 10-Q

________________________________________________ 

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

For the quarterly period ended September 30, 2014

OR

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

For the transition period from  to

Commission file number 1-9810

_______________________________________________________

Owens & Minor, Inc.

(Exact name of Registrant as specified in its charter)

_______________________________________________________

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

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

 __________________________________________________________

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

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

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

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

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

The number of shares of Owens & Minor, Inc.’s common stock outstanding as of October 24, 2014, was 63,079,623 shares.

Owens & Minor, Inc. and Subsidiaries

Index

Part I. Financial Information		Page
Item 1.	Financial Statements	3
	Consolidated Statements of Income—Three and Nine Months Ended September 30, 2014 and 2013	3
	Consolidated Statements of Comprehensive Income—Three and Nine Months Ended September 30, 2014 and 2013	4
	Consolidated Balance Sheets—September 30, 2014 and December 31, 2013	5
	Consolidated Statements of Cash Flows—Nine Months Ended September 30, 2014 and 2013	6
	Consolidated Statements of Changes in Equity—Nine Months Ended September 30, 2014 and 2013	7
	Notes to Consolidated Financial Statements	8
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	23
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	30
Item 4.	Controls and Procedures	30
Part II. Other Information
Item 1.	Legal Proceedings	31
Item 1A.	Risk Factors	31
Item 2.	Unregistered Sales of Equity Securities, Use of Proceeds and Issuer Purchases of Equity Securities	31
Item 6.	Exhibits	33

2

Part I. Financial Information

Item 1. Financial Statements

Owens & Minor, Inc. and Subsidiaries

Consolidated Statements of Income

(unaudited)

	Three Months Ended   September 30,						Nine Months Ended   September 30,
(in thousands, except per share data)	2014			2013			2014			2013
Net revenue	$	2,386,126		$	2,270,547		$	6,948,365		$	6,753,008
Cost of goods sold	2,093,643			1,997,218			6,092,413			5,927,196
Gross margin	292,483			273,329			855,952			825,812
Selling, general and administrative expenses	231,377			211,344			682,825			641,613
Acquisition-related and exit and realignment charges	13,957			2,747			24,813			5,395
Depreciation and amortization	13,841			12,441			41,597			37,347
Other operating income, net	(2,069		)	(2,418		)	(12,046		)	(5,693		)
Operating earnings	35,377			49,215			118,763			147,150
Interest expense, net	4,304			3,389			10,893			9,835
Loss on early retirement of debt	14,890			—			14,890			—
Income before income taxes	16,183			45,826			92,980			137,315
Income tax provision	9,028			17,856			40,464			54,374
Net income	$	7,155		$	27,970		$	52,516		$	82,941
Net income per common share:
Basic	$	0.11		$	0.44		$	0.84		$	1.31
Diluted	$	0.11		$	0.44		$	0.84		$	1.31
Cash dividends per common share	$	0.25		$	0.24		$	0.75		$	0.72

See accompanying notes to consolidated financial statements.

3

Owens & Minor, Inc. and Subsidiaries

Consolidated Statements of Comprehensive Income

(unaudited)

	Three Months Ended   September 30,					Nine Months Ended   September 30,
(in thousands)	2014			2013		2014			2013
Net income	$	7,155		$	27,970	$	52,516		$	82,941
Other comprehensive income (loss), net of tax:
Currency translation adjustments (net of income tax of $0 in 2014 and $1,072 and $533 in 2013)	(16,796		)	8,340		(16,899		)	2,196
Change in unrecognized net periodic pension costs (net of income tax of $57 and $245 in 2014 and $134 and $400 in 2013)	132			208		351			625
Other (net of income tax of $56 and $72 in 2014 and $8 and $24 in 2013)	(133		)	1		(127		)	(24		)
Total other comprehensive income (loss), net of tax	(16,797		)	8,549		(16,675		)	2,797
Comprehensive income (loss)	$	(9,642	)	$	36,519	$	35,841		$	85,738

See accompanying notes to consolidated financial statements.

4

Owens & Minor, Inc. and Subsidiaries

Consolidated Balance Sheets

(unaudited)

	September 30,			December 31,
(in thousands, except per share data)	2014			2013
Assets
Current assets
Cash and cash equivalents	$	610,147		$	101,905
Accounts and notes receivable, net of allowances of $15,067 and $15,030	590,140			572,854
Merchandise inventories	834,476			771,663
Other current assets	295,441			279,510
Total current assets	2,330,204			1,725,932
Property and equipment, net of accumulated depreciation of $157,331 and $137,526	203,955			191,961
Goodwill	274,533			275,439
Intangible assets, net	36,457			40,406
Other assets, net	98,749			90,304
Total assets	$	2,943,898		$	2,324,042
Liabilities and equity
Current liabilities
Current portion of long-term debt	$	202,401		$	2,428
Accounts payable	692,616			643,872
Accrued payroll and related liabilities	28,709			23,296
Deferred income taxes	39,406			41,613
Other accrued liabilities	315,581			277,970
Total current liabilities	1,278,713			989,179
Long-term debt, excluding current portion	563,882			213,815
Deferred income taxes	41,725			43,727
Other liabilities	52,054			52,278
Total liabilities	1,936,374			1,298,999
Commitments and contingencies
Equity
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 - 63,080 shares and 63,096 shares	126,159			126,193
Paid-in capital	200,961			196,605
Retained earnings	687,511			691,547
Accumulated other comprehensive income (loss)	(7,107		)	9,568
Total Owens & Minor, Inc. shareholders’ equity	1,007,524			1,023,913
Noncontrolling interest	—			1,130
Total equity	1,007,524			1,025,043
Total liabilities and equity	$	2,943,898		$	2,324,042

See accompanying notes to consolidated financial statements.

5

Owens & Minor, Inc. and Subsidiaries

Consolidated Statements of Cash Flows

(unaudited)

	Nine Months Ended   September 30,
(in thousands)	2014			2013
Operating activities:
Net income	$	52,516		$	82,941
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	41,597			37,347
Loss on early retirement of debt	14,890			—
Share-based compensation expense	6,136			5,162
Provision for losses on accounts and notes receivable	(356		)	179
Deferred income tax (benefit) expense	(7,387		)	8,424
Changes in operating assets and liabilities:
Accounts and notes receivable	(21,456		)	(20,703		)
Merchandise inventories	(63,883		)	(23,690		)
Accounts payable	54,634			93,950
Net change in other assets and liabilities	3,131			(21,285		)
Other, net	1,322			(1,159		)
Cash provided by operating activities	81,144			161,166
Investing activities:
Additions to property and equipment	(36,169		)	(25,144		)
Additions to computer software and intangible assets	(17,988		)	(20,361		)
Proceeds from sale of investment	1,937			—
Proceeds from sale of property and equipment	151			2,020
Cash used for investing activities	(52,069		)	(43,485		)
Financing activities:
Long-term debt borrowings	547,693			—
Cash dividends paid	(47,335		)	(45,587		)
Repurchases of common stock	(9,934		)	(15,701		)
Excess tax benefits related to share-based compensation	514			733
Proceeds from exercise of stock options	1,180			4,821
Purchase of noncontrolling interest	(1,500		)	—
Debt issuance costs	(4,178		)	—
Other, net	(5,671		)	(6,769		)
Cash provided by (used for) financing activities	480,769			(62,503		)
Effect of exchange rate changes on cash and cash equivalents	(1,602		)	723
Net increase in cash and cash equivalents	508,242			55,901
Cash and cash equivalents at beginning of period	101,905			97,888
Cash and cash equivalents at end of period	$	610,147		$	153,789
Supplemental disclosure of cash flow information:
Income taxes paid, net	$	65,140		$	51,567
Interest paid	$	8,417		$	7,926

See accompanying notes to consolidated financial statements.

6

Owens & Minor, Inc. and Subsidiaries

Consolidated Statements of Changes in Equity

(unaudited)

	Owens & Minor, Inc. Shareholders’ Equity
(in thousands, except per share data)	Common Shares Outstanding		Common  Stock ($ 2 par value )			Paid-In Capital			Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Noncontrolling Interest			Total Equity
Balance December 31, 2012	63,271		$	126,544		$	187,394		$	658,994		$	(406	)	$	1,130		$	973,656
Net income									82,941									82,941
Other comprehensive income												2,797						2,797
Dividends declared ($0.72 per share)									(45,466		)							(45,466		)
Shares repurchased and retired	(471	)	(942		)				(14,758		)							(15,700		)
Share-based compensation expense, exercises and other	362		724			7,368												8,092
Balance September 30, 2013	63,162		$	126,326		$	194,762		$	681,711		$	2,391		$	1,130		$	1,006,320
Balance December 31, 2013	63,096		$	126,193		$	196,605		$	691,547		$	9,568		$	1,130		$	1,025,043
Net income									52,516									52,516
Other comprehensive loss												(16,675		)				(16,675		)
Dividends declared ($0.75 per share)									(47,201		)							(47,201		)
Shares repurchased and retired	(291	)	(583		)				(9,351		)							(9,934		)
Share-based compensation expense, exercises and other	275		549			5,051												5,600
Purchase of noncontrolling interest						(695		)							(1,130		)	(1,825		)
Balance September 30, 2014	63,080		$	126,159		$	200,961		$	687,511		$	(7,107	)	$	—		$	1,007,524

See accompanying notes to consolidated financial statements.

7

Owens & Minor, Inc. and Subsidiaries

Notes to Consolidated Financial Statements

(unaudited)

(in thousands, unless otherwise indicated)

Note 1—Basis of Presentation and Use of Estimates

Basis of Presentation

The accompanying unaudited consolidated financial statements include the accounts of Owens & Minor, Inc. and the subsidiaries it controls (we, us, or our) and contain all adjustments (which are comprised only of normal recurring accruals and use of estimates) necessary to conform with U.S. generally accepted accounting principles (GAAP). During the second quarter of 2014, we purchased the remaining outside stockholder's interest in a consolidated subsidiary that was partially owned. Therefore we do not present a noncontrolling interest as a component of equity as of September 30, 2014. 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.

Reclassification 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 in the fourth quarter of 2013, we determined a net presentation of revenues for certain contracts is more representative of the customer arrangement. Certain amounts in the prior period statement of income were revised to reflect this net presentation of revenues. As a result, prior year net revenue and cost of goods sold each decreased by $34.1 million for the three month period and $94.0 million for the nine month period ended September 30, 2013. The change did not affect cash flows, gross margin, operating earnings or net income in 2013.

Use of Estimates

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

Note 2—Fair Value

The carrying amounts of cash and cash equivalents, accounts receivable, financing receivables, accounts payable and financing payables included in the consolidated balance sheets approximate fair value due to the short-term nature of these instruments. The fair value of long-term debt is estimated based on quoted market prices or dealer quotes for the identical liability when traded as an asset in an active market (Level 1) or, if quoted market prices or dealer quotes are not available, on the borrowing rates currently available for loans with similar terms, credit ratings and average remaining maturities (Level 2). See Note 7 for the fair value of long-term debt.

Note 3—Financing Receivables and Payables

At September 30, 2014 and December 31, 2013, we had financing receivables of $186.8 million and $198.5 million and related payables of $163.4 million and $165.3 million outstanding under our order-to-cash program and product financing arrangements, which were included in other current assets and other current liabilities, respectively, in the consolidated balance sheets.

Note 4—Goodwill and Intangible Assets

The following table summarizes the changes in the carrying amount of goodwill through September 30, 2014:

	Domestic Segment		International Segment			Total
Carrying amount of goodwill, December 31, 2013	$	248,498	$	26,941		$	275,439
Currency translation adjustments	—		(906		)	(906		)
Carrying amount of goodwill, September 30, 2014	$	248,498	$	26,035		$	274,533

8

Intangible assets at September 30, 2014, and December 31, 2013, were as follows:

	September 30, 2014						December 31, 2013
	Customer Relationships			Other Intangibles			Customer Relationships			Other Intangibles
Gross intangible assets	$	50,995		$	3,805		$	51,544		$	3,933
Accumulated amortization	(17,706		)	(636		)	(14,281		)	(790		)
Net intangible assets	$	33,289		$	3,169		$	37,263		$	3,143

At September 30, 2014, $16.3 million in net intangible assets were held in the Domestic segment and $20.1 million were held in the International segment. Amortization expense for intangible assets was $1.1 million and $0.7 million for the three months ended September 30, 2014 and 2013 and $3.4 million and $2.7 million for the nine months ended September 30, 2014 and 2013.

Based on the current carrying value of intangible assets subject to amortization, estimated amortization expense is $1.1 million for the remainder of 2014, $4.9 million for 2015, $5.0 million for 2016, $4.8 million for 2017, $4.1 million for 2018 and $3.9 million for 2019.

Note 5—Exit and Realignment Costs

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

Exit and realignment charges by segment for the three and nine month periods ended September 30, 2014 and 2013 were as follows:

	Three Months Ended   September 30,				Nine Months Ended   September 30,
	2014		2013		2014		2013
Domestic segment	$	4,654	$	1,856	$	8,250	$	3,162
International segment	4,738		235		7,869		685
Total exit and realignment charges	$	9,392	$	2,091	$	16,119	$	3,847

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The following table summarizes the activity related to exit and realignment cost accruals through September 30, 2014 and 2013:

	Lease Obligations			Severance			Total
Accrued exit and realignment costs, December 31, 2013	$	2,434		$	475		$	2,909
Provision for exit and realignment activities	532			807			1,339
Cash payments, net of sublease income	(411		)	(327		)	(738		)
Accrued exit and realignment costs, March 31, 2014	2,555			955			3,510
Provision for exit and realignment activities	6			2,236			2,242
Cash payments, net of sublease income	(383		)	(1,095		)	(1,478		)
Accrued exit and realignment costs, June 30, 2014	2,178			2,096			4,274
Provision for exit and realignment activities	912			2,215			3,127
Cash payments, net of sublease income	(867		)	(460		)	(1,327		)
Accrued exit and realignment costs, September 30, 2014	$	2,223		$	3,851		$	6,074
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	(4,844		)	(147		)	(4,991		)
Accrued exit and realignment costs, March 31, 2013	792			972			1,764
Cash payments, net of sublease income	(118		)	(137		)	(255		)
Accrued exit and realignment costs, June 30, 2013	674			835			1,509
Provision for exit and realignment activities	648			76			724
Change in estimate	—			(79		)	(79		)
Cash payments, net of sublease income	(463		)	(105		)	(568		)
Accrued exit and realignment costs, September 30, 2013	$	859		$	727		$	1,586

In addition to the exit and realignment accruals in the preceding table, we also incurred $6.3 million and $9.4 million of costs that were expensed as incurred for the three and nine months ended September 30, 2014, including $3.1 million and $4.3 million in other facility costs and asset write-downs, $0.6 million and $1.4 million in labor costs, $1.2 million and $1.3 million in professional fees, $0.7 million and $0.9 million in information systems costs and $0.7 million and $1.5 million in other costs.

We incurred $1.4 million and $2.5 million of costs that were expensed as incurred for the three and nine months ended September 30, 2013, including $0.7 million and $1.4 million in staff and labor costs and $0.7 million and $1.1 million in other facility costs and asset write-downs.

We expect additional charges of approximately $12.0 million over the remainder of 2014 for activities initiated in the Domestic and International segments through September 30, 2014.

Note 6—Retirement Plan

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

The components of net periodic benefit cost, which are included in selling, general and administrative expenses, for the three and nine months ended September 30, 2014 and 2013, were as follows:

10

	Three Months Ended   September 30,				Nine Months Ended   September 30,
	2014		2013		2014		2013
Service cost	$	60	$	24	$	136	$	89
Interest cost	482		414		1,446		1,241
Recognized net actuarial loss	204		341		612		1,024
Net periodic benefit cost	$	746	$	779	$	2,194	$	2,354

Certain of our foreign subsidiaries have health and welfare plans covering substantially all of their respective employees. Our expense for these plans totaled $0.5 million and $0.2 million for the three months ended September 30, 2014 and 2013 and $1.4 million and $0.7 million for the nine months ended September 30, 2014 and 2013.

Note 7—Debt

Debt consists of the following:

	September 30, 2014						December 31, 2013
	Carrying Amount			Estimated Fair Value			Carrying Amount			Estimated Fair Value
6.35% Senior Notes, $200 million par value, maturing April 2016	$	200,000		$	217,352		$	204,028		$	218,750
3.875% Senior Notes, $275 million par value, maturing September 2021	273,732			274,973			—			—
4.375% Senior Notes, $275 million par value, maturing December 2024	273,961			276,430			—			—
Capital leases	18,590			18,590			12,215			12,215
Total debt	766,283			787,345			216,243			230,965
Less current maturities	(202,401		)	(219,753		)	(2,428		)	(2,428		)
Long-term debt	$	563,882		$	567,592		$	213,815		$	228,537

On September 16, 2014, we issued $275 million of 3.875% senior notes due September 2021 (the “2021 Notes”) and $275 million of 4.375% senior notes due December 2024 (the “2024 Notes”). The 2021 Notes were sold at 99.5% of the principal amount with an effective yield of 3.951%. The 2024 Notes were sold at 99.6% of the principal with an effective yield of 4.422%. Interest on the 2021 Notes and 2024 Notes is payable semiannually in arrears, commencing on March 15, 2015 and December 15, 2014, respectively. We have the option to redeem the 2021 Notes and 2024 Notes in part or in whole prior to maturity at a redemption price equal to the greater of 100% of the principal amount or the present value of the remaining scheduled payments discounted at the Treasury Rate plus 25-30 basis points. We are deferring and amortizing over the respective terms $4.2 million in costs incurred through September 30, 2014 in connection with the issuance of the 2021 Notes and the 2024 Notes.

On October 16, 2014, we used a portion of the net proceeds from the 2021 Notes and the 2024 Notes to fund the early retirement of all of our $200 million of 6.35% senior notes due in 2016 (2016 Notes), which included the payment of a $17.4 million redemption premium. We recorded a net loss on the early retirement of our 2016 Notes of $14.9 million, which includes the redemption premium offset by the recognition of a gain on previously settled interest rate swaps. The 2016 Notes are reflected in current portion of long-term debt at September 30, 2014.

On September 17, 2014, we amended our existing Credit Agreement, increasing our borrowing capacity from $350 million to $450 million and extending the term through September 2019 (the Amended Credit Agreement). Under the Amended Credit Agreement, we have the ability to request twoone-year extensions and to request an increase in aggregate commitments by up to $200 million. The interest rate on the Amended Credit Agreement, which is subject to adjustment quarterly, is based on the London Interbank Offered Rate (LIBOR), the Federal Funds Rate or the Prime Rate, plus an adjustment based on the better of our debt ratings or leverage ratio (Credit Spread) as defined by the Amended Credit Agreement. We are charged a commitment fee of between 12.5 and 25.0 basis points on the unused portion of the facility. The terms of the Amended Credit Agreement limit the amount of indebtedness that we may incur and require us to maintain ratios for leverage and interest coverage, including on a pro forma basis in the event of an acquisition. At September 30, 2014, we had no borrowings and letters of credit of approximately $5.0 million outstanding under the Amended Credit Agreement, leaving $445.0 million available for

11

borrowing. We also have a $1.3 million and $1.5 million letter of credit outstanding as of September 30, 2014 and December 31, 2013, which supports our facilities leased in Europe.

Note 8—Income Taxes

The effective tax rate was 55.8% and 43.5% for the three and nine months ended September 30, 2014, compared to 39.0% and 39.6% in the same periods of 2013. The change in rate is mainly due to the impact of foreign taxes and the effect of certain acquisition-related costs which are not deductible for tax purposes. The liability for unrecognized tax benefits was $5.0 million at September 30, 2014, and $4.6 million at December 31, 2013. Included in the liability at September 30, 2014 were $3.8 million of tax positions for which ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility.

Note 9—Net Income per Common Share

The following summarizes the calculation of net income per common share attributable to common shareholders for the three and nine months ended September 30, 2014 and 2013.

	Three Months Ended   September 30,						Nine Months Ended   September 30,
(in thousands, except per share data)	2014			2013			2014			2013
Numerator:
Net income	$	7,155		$	27,970		$	52,516		$	82,941
Less: income allocated to unvested restricted shares	(150		)	(186		)	(453		)	(541		)
Net income attributable to common shareholders - basic	7,005			27,784			52,063			82,400
Add: undistributed income attributable to unvested restricted shares - basic	—			59			26			185
Less: undistributed income attributable to unvested restricted shares - diluted	—			(59		)	(26		)	(185		)
Net income attributable to common shareholders - diluted	$	7,005		$	27,784		$	52,063		$	82,400
Denominator:
Weighted average shares outstanding - basic	62,175			62,605			62,238			62,678
Dilutive shares - stock options	4			26			7			41
Weighted average shares outstanding - diluted	62,179			62,631			62,245			62,719
Net income per share attributable to common shareholders:
Basic	$	0.11		$	0.44		$	0.84		$	1.31
Diluted	$	0.11		$	0.44		$	0.84		$	1.31

Note 10—Shareholders’ Equity

In February 2014, our Board of Directors authorized a share repurchase program of up to $100 million of our outstanding common stock to be executed at the discretion of management over a three-year period, expiring in February 2017. The program is intended, in part, to offset shares issued in conjunction with our stock incentive plans and return capital to shareholders. The program may be suspended or discontinued at any time. During the nine months ended September 30, 2014, we repurchased in open-market transactions and retired approximately 0.3 million shares of our common stock for an aggregate of $9.9 million, or an average price per share of $34.31. As of September 30, 2014, we have approximately $90.1 million remaining under the repurchase program. We have elected to allocate any excess of share repurchase price over par value to retained earnings.

12

Note 11—Accumulated Other Comprehensive Income

The following table shows the changes in accumulated other comprehensive income (loss) by component for the three and nine months ended September 30, 2014 and 2013:

	Defined Benefit Pension Plans			Currency Translation Adjustments			Other			Total
Accumulated other comprehensive income (loss), June 30, 2014	$	(6,260	)	$	15,789		$	161		$	9,690
Other comprehensive income (loss) before reclassifications	—			(16,796		)	(44		)	(16,840		)
Income tax	—			—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—			(16,796		)	(44		)	(16,840		)
Amounts reclassified from accumulated other comprehensive income (loss)	189			—			(145		)	44
Income tax	(57		)	—			56			(1		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	132			—			(89		)	43
Other comprehensive income (loss)	132			(16,796		)	(133		)	(16,797		)
Accumulated other comprehensive income (loss), September 30, 2014	$	(6,128	)	$	(1,007	)	$	28		$	(7,107	)
Accumulated other comprehensive income (loss), June 30, 2013	$	(9,901	)	$	3,605		$	138		$	(6,158	)
Other comprehensive income (loss) before reclassifications	—			9,412			14			9,426
Income tax	—			(1,072		)	—			(1,072		)
Other comprehensive income (loss) before reclassifications, net of tax	—			8,340			14			8,354
Amounts reclassified from accumulated other comprehensive income (loss)	342			—			(21		)	321
Income tax	(134		)	—			8			(126		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	208			—			(13		)	195
Other comprehensive income (loss)	208			8,340			1			8,549
Accumulated other comprehensive income (loss), September 30, 2013	$	(9,693	)	$	11,945		$	139		$	2,391

13

	Defined Benefit Pension Plans			Currency Translation Adjustments			Other			Total
Accumulated other comprehensive income (loss), December 31, 2013	$	(6,479	)	$	15,892		$	155		$	9,568
Other comprehensive income (loss) before reclassifications	—			(16,899		)	(14		)	(16,913		)
Income tax	—			—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—			(16,899		)	(14		)	(16,913		)
Amounts reclassified from accumulated other comprehensive income (loss)	596			—			(185		)	411
Income tax	(245		)	—			72			(173		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	351			—			(113		)	238
Other comprehensive income (loss)	351			(16,899		)	(127		)	(16,675		)
Accumulated other comprehensive income (loss), September 30, 2014	$	(6,128	)	$	(1,007	)	$	28		$	(7,107	)
Accumulated other comprehensive income (loss), December 31, 2012	$	(10,318	)	$	9,749		$	163		$	(406	)
Other comprehensive income (loss) before reclassifications	—			2,729			14			2,743
Income tax	—			(533		)	—			(533		)
Other comprehensive income (loss) before reclassifications, net of tax	—			2,196			14			2,210
Amounts reclassified from accumulated other comprehensive income (loss)	1,025			—			(62		)	963
Income tax	(400		)	—			24			(376		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	625			—			(38		)	587
Other comprehensive income (loss)	625			2,196			(24		)	2,797
Accumulated other comprehensive income (loss), September 30, 2013	$	(9,693	)	$	11,945		$	139		$	2,391

We include amounts reclassified out of accumulated other comprehensive income related to defined benefit pension plans as a component of net periodic pension cost recorded in selling, general & administrative expenses. For the three and nine months ended September 30, 2014, we reclassified $0.2 million and $0.6 million of actuarial net losses. For the three and nine months ended September 30, 2013, we reclassified $0.3 million and $1.0 million of actuarial net losses.

Note 12—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 $0.9 million as of September 30, 2014. If none of the performance targets are met as of the specified dates, and customers have met their contractual commitments, payment will be due as follows: 2014 - $0.7 million; 2015 - $0.1 million; 2016 -$0.1 million. None of these contingent obligations were accrued at September 30, 2014, as we do not consider any of them probable. We deferred the recognition of fees that are contingent upon our future performance under the terms of these contracts. As of September 30, 2014, $0.9 million of deferred revenue related to outstanding contractual performance targets was included in other current liabilities.

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.

Various issues and claims related to the acquisition and transition of Movianto remain outstanding and under review and discussion with the former owner. The ultimate outcomes of these issues and claims, including their impact on future financial results, cannot be ascertained or estimated at this time.

14

We are in discussions with a customer in our International Segment to resolve a dispute related to services provided.  In the event we are unable to resolve this dispute, we may choose to terminate this relationship in which case we could potentially incur costs including but not limited to facility closures, personnel, transportation and/or other contract termination costs. We have outstanding accounts receivable totaling approximately $14.7 million at September 30, 2014 related to services provided to this customer.  The outcome of these discussions or the impact on financial results is not known at this time; however, we do not believe that loss with respect to this issue is probable.

During September 2014, we entered into a definitive agreement to acquire ArcRoyal, a privately held surgical kitting company based in Ireland. The transaction is expected to close in the fourth quarter of 2014.

Note 13—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   September 30,						Nine Months Ended   September 30,
	2014			2013			2014			2013
Net revenue:
Domestic	$	2,262,081		$	2,175,663		$	6,598,531		$	6,474,069
International	124,045			94,884			349,834			278,939
Consolidated net revenue	$	2,386,126		$	2,270,547		$	6,948,365		$	6,753,008
Operating earnings (loss):
Domestic	$	50,797		$	51,213		$	151,849		$	155,364
International	(1,463		)	749			(8,273		)	(2,819		)
Acquisition-related and exit and realignment charges	(13,957		)	(2,747		)	(24,813		)	(5,395		)
Consolidated operating earnings	$	35,377		$	49,215		$	118,763		$	147,150
Depreciation and amortization:
Domestic	$	8,986		$	8,805		$	26,772		$	26,775
International	4,855			3,636			14,825			10,572
Consolidated depreciation and amortization	$	13,841		$	12,441		$	41,597		$	37,347
Capital expenditures:
Domestic	$	11,077		$	10,032		$	40,110		$	34,506
International	4,257			4,426			14,047			10,999
Consolidated capital expenditures	$	15,334		$	14,458		$	54,157		$	45,505

	September 30, 2014		December 31, 2013
Total assets:
Domestic	$	1,834,169	$	1,747,572
International	499,582		474,565
Segment assets	2,333,751		2,222,137
Cash and cash equivalents	610,147		101,905
Consolidated total assets	$	2,943,898	$	2,324,042

15

Note 14—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 September 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	2,261,448		$	141,086		$	(16,408	)	$	2,386,126
Cost of goods sold	—			2,047,328			62,850			(16,535		)	2,093,643
Gross margin	—			214,120			78,236			127			292,483
Selling, general and administrative expenses	25			155,950			75,402			—			231,377
Acquisition-related and exit and realignment charges	—			7,893			6,064			—			13,957
Depreciation and amortization	—			8,966			4,875			—			13,841
Other operating income, net	—			(1,167		)	(1,235		)	333			(2,069		)
Operating earnings (loss)	(25		)	42,478			(6,870		)	(206		)	35,377
Interest expense (income), net	3,925			1,002			(623		)	—			4,304
Loss on early retirement of debt	14,890			—			—			—			14,890
Income (loss) before income taxes	(18,840		)	41,476			(6,247		)	(206		)	16,183
Income tax (benefit) provision	(7,144		)	16,463			(291		)	—			9,028
Equity in earnings of subsidiaries	18,851			—			—			(18,851		)	—
Net income (loss)	7,155			25,013			(5,956		)	(19,057		)	7,155
Other comprehensive income (loss)	(16,797		)	131			(16,795		)	16,664			(16,797		)
Comprehensive income (loss)	$	(9,642	)	$	25,144		$	(22,751	)	$	(2,393	)	$	(9,642	)

16

Three Months Ended September 30, 2013	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	2,175,663		$	106,784		$	(11,900	)	$	2,270,547
Cost of goods sold	—			1,965,696			43,238			(11,716		)	1,997,218
Gross margin	—			209,967			63,546			(184		)	273,329
Selling, general and administrative expenses	264			151,107			59,973			—			211,344
Acquisition-related and exit and realignment charges	—			1,856			891			—			2,747
Depreciation and amortization	3			8,780			3,658			—			12,441
Other operating income, net	—			(1,454		)	(964		)	—			(2,418		)
Operating earnings (loss)	(267		)	49,678			(12		)	(184		)	49,215
Interest expense (income), net	5,791			(2,364		)	(38		)	—			3,389
Income (loss) before income taxes	(6,058		)	52,042			26			(184		)	45,826
Income tax (benefit) provision	(2,319		)	20,694			(519		)	—			17,856
Equity in earnings of subsidiaries	31,709			—			—			(31,709		)	—
Net income (loss)	27,970			31,348			545			(31,893		)	27,970
Other comprehensive income (loss)	8,549			207			8,341			(8,548		)	8,549
Comprehensive income (loss)	$	36,519		$	31,555		$	8,886		$	(40,441	)	$	36,519

Nine Months Ended September 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	6,596,941		$	398,646		$	(47,222	)	$	6,948,365
Cost of goods sold	—			5,965,607			173,747			(46,941		)	6,092,413
Gross margin	—			631,334			224,899			(281		)	855,952
Selling, general and administrative expenses	36			462,325			220,464			—			682,825
Acquisition-related and exit and realignment charges	—			13,074			11,739			—			24,813
Depreciation and amortization	2			26,703			14,892			—			41,597
Other operating income, net	—			(9,043		)	(3,336		)	333			(12,046		)
Operating earnings (loss)	(38		)	138,275			(18,860		)	(614		)	118,763
Interest expense (income), net	9,328			3,502			(1,937		)	—			10,893
Loss on early retirement of debt	14,890			—			—			—			14,890
Income (loss) before income taxes	(24,256		)	134,773			(16,923		)	(614		)	92,980
Income tax (benefit) provision	(9,299		)	53,989			(4,226		)	—			40,464
Equity in earnings of subsidiaries	67,473			—			—			(67,473		)	—
Net income (loss)	52,516			80,784			(12,697		)	(68,087		)	52,516
Other comprehensive income (loss)	(16,675		)	350			(16,898		)	16,548			(16,675		)
Comprehensive income (loss)	$	35,841		$	81,134		$	(29,595	)	$	(51,539	)	$	35,841

17

Nine Months Ended September 30, 2013	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	6,473,954		$	313,023		$	(33,969	)	$	6,753,008
Cost of goods sold	—			5,833,900			126,720			(33,424		)	5,927,196
Gross margin	—			640,054			186,303			(545		)	825,812
Selling, general and administrative expenses	1,138			459,780			180,695			—			641,613
Acquisition-related and exit and realignment charges	—			3,116			2,279			—			5,395
Depreciation and amortization	10			26,705			10,632			—			37,347
Other operating income, net	—			(3,597		)	(2,096		)	—			(5,693		)
Operating earnings (loss)	(1,148		)	154,050			(5,207		)	(545		)	147,150
Interest expense (income), net	15,340			(5,096		)	(409		)	—			9,835
Income (loss) before income taxes	(16,488		)	159,146			(4,798		)	(545		)	137,315
Income tax (benefit) provision	(6,327		)	62,758			(2,057		)	—			54,374
Equity in earnings of subsidiaries	93,102			—			—			(93,102		)	—
Net income (loss)	82,941			96,388			(2,741		)	(93,647		)	82,941
Other comprehensive income (loss)	2,797			623			2,195			(2,818		)	2,797
Comprehensive income (loss)	$	85,738		$	97,011		$	(546	)	$	(96,465	)	$	85,738

18

September 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non- guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	563,559		$	32,924		$	13,664		$	—		$	610,147
Accounts and notes receivable, net	—			496,444			97,325			(3,629		)	590,140
Merchandise inventories	—			804,409			31,811			(1,744		)	834,476
Other current assets	253			91,582			204,901			(1,295		)	295,441
Total current assets	563,812			1,425,359			347,701			(6,668		)	2,330,204
Property and equipment, net	—			105,689			98,266			—			203,955
Goodwill	—			247,271			27,262			—			274,533
Intangible assets, net	—			16,323			20,134			—			36,457
Due from O&M and subsidiaries	—			409,280			—			(409,280		)	—
Advances to and investment in consolidated subsidiaries	1,587,331			—			—			(1,587,331		)	—
Other assets, net	4,178			68,606			25,965			—			98,749
Total assets	$	2,155,321		$	2,272,528		$	519,328		$	(2,003,279	)	$	2,943,898
Liabilities and equity
Current liabilities
Current portion of long-term debt	$	200,000		$	2,401		$	—		$	—		$	202,401
Accounts payable	6			649,274			46,965			(3,629		)	692,616
Accrued payroll and related liabilities	—			17,033			11,676			—			28,709
Deferred income taxes	—			39,277			129			—			39,406
Other accrued liabilities	26,776			98,147			192,150			(1,492		)	315,581
Total current liabilities	226,782			806,132			250,920			(5,121		)	1,278,713
Long-term debt, excluding current portion	547,765			6,517			9,600			—			563,882
Due to O&M and subsidiaries	373,250			—			36,002			(409,252		)	—
Intercompany debt	—			138,890			—			(138,890		)	—
Deferred income taxes	—			31,158			10,567			—			41,725
Other liabilities	—			48,179			3,875			—			52,054
Total liabilities	1,147,797			1,030,876			310,964			(553,263		)	1,936,374
Equity
Common stock	126,159			—			1,500			(1,500		)	126,159
Paid-in capital	200,961			241,878			261,519			(503,397		)	200,961
Retained earnings (deficit)	687,511			1,006,001			(53,775		)	(952,226		)	687,511
Accumulated other comprehensive income (loss)	(7,107		)	(6,227		)	(880		)	7,107			(7,107		)
Total equity	1,007,524			1,241,652			208,364			(1,450,016		)	1,007,524
Total liabilities and equity	$	2,155,321		$	2,272,528		$	519,328		$	(2,003,279	)	$	2,943,898

19

December 31, 2013	Owens & Minor, Inc.		Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	74,391	$	2,012		$	25,502		$	—		$	101,905
Accounts and notes receivable, net	—		496,310			79,722			(3,178		)	572,854
Merchandise inventories	—		750,999			22,128			(1,464		)	771,663
Other current assets	201		72,049			207,058			202			279,510
Total current assets	74,592		1,321,370			334,410			(4,440		)	1,725,932
Property and equipment, net	2		96,500			95,459			—			191,961
Goodwill	—		247,271			28,168			—			275,439
Intangible assets, net	—		17,881			22,525			—			40,406
Due from O&M and subsidiaries	—		377,786			—			(377,786		)	—
Advances to and investments in consolidated subsidiaries	1,533,294		—			—			(1,533,294		)	—
Other assets, net	408		63,848			26,048			—			90,304
Total assets	$	1,608,296	$	2,124,656		$	506,610		$	(1,915,520	)	$	2,324,042
Liabilities and equity
Current liabilities
Current portion of long-term debt	$	—	$	2,428		$	—		$	—		$	2,428
Accounts payable	—		595,865			51,185			(3,178		)	643,872
Accrued payroll and related liabilities	—		12,792			10,504			—			23,296
Deferred income taxes	—		41,464			149			—			41,613
Other accrued liabilities	6,811		85,367			185,792			—			277,970
Total current liabilities	6,811		737,916			247,630			(3,178		)	989,179
Long-term debt, excluding current portion	204,028		7,228			2,559			—			213,815
Due to O&M and subsidiaries	373,544		—			2,910			(376,454		)	—
Intercompany debt	—		138,890			—			(138,890		)	—
Deferred income taxes	—		32,173			11,554			—			43,727
Other liabilities	—		47,816			4,462			—			52,278
Total liabilities	584,383		964,023			269,115			(518,522		)	1,298,999
Equity												—
Common stock	126,193		—			1,500			(1,500		)	126,193
Paid-in capital	196,605		242,024			259,864			(501,888		)	196,605
Retained earnings (deficit)	691,547		925,184			(41,029		)	(884,155		)	691,547
Accumulated other comprehensive income (loss)	9,568		(6,575		)	16,030			(9,455		)	9,568
Total Owens & Minor, Inc. shareholders’ equity	1,023,913		1,160,633			236,365			(1,396,998		)	1,023,913
Noncontrolling interest	—		—			1,130			—			1,130
Total equity	1,023,913		1,160,633			237,495			(1,396,998		)	1,025,043
Total liabilities and equity	$	1,608,296	$	2,124,656		$	506,610		$	(1,915,520	)	$	2,324,042

20

Nine Months Ended September 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Cash Flows
Operating activities:
Net income (loss)	$	52,516		$	80,784		$	(12,697	)	$	(68,087	)	$	52,516
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	(67,473		)	—			—			67,473			—
Depreciation and amortization	2			26,703			14,892			—			41,597
Loss on early retirement of debt	14,890			—			—			—			14,890
Share-based compensation expense	—			6,136			—			—			6,136
Provision for losses on accounts and notes receivable	—			146			(502		)	—			(356		)
Deferred income tax expense (benefit)	—			(3,470		)	(3,917		)	—			(7,387		)
Changes in operating assets and liabilities:
Accounts and notes receivable	—			(280		)	(21,628		)	452			(21,456		)
Merchandise inventories	—			(53,410		)	(10,752		)	279			(63,883		)
Accounts payable	6			53,409			174			1,045			54,634
Net change in other assets and liabilities	2,562			(1,907		)	3,638			(1,162		)	3,131
Other, net	(1,162		)	(98		)	2,582			—			1,322
Cash provided by (used for) operating activities	1,341			108,013			(28,210		)	—			81,144
Investing activities:
Additions to property and equipment	—			(24,662		)	(11,507		)	—			(36,169		)
Additions to computer software and intangible assets	—			(15,448		)	(2,540		)	—			(17,988		)
Proceeds from the sale of investment	—			1,937			—			—			1,937
Proceeds from the sale of property and equipment	—			137			14			—			151
Cash used for investing activities	—			(38,036		)	(14,033		)	—			(52,069		)
Financing activities:
Long-term borrowings	547,693			—			—			—			547,693
Change in intercompany advances	2,024			(36,874		)	34,850			—			—
Cash dividends paid	(47,335		)	—			—			—			(47,335		)
Repurchases of common stock	(9,934		)	—			—			—			(9,934		)
Excess tax benefits related to share-based compensation	514			—			—			—			514
Proceeds from exercise of stock options	1,180			—			—			—			1,180
Purchase of noncontrolling interest	—			—			(1,500		)	—			(1,500		)
Debt issuance costs	(4,178		)	—			—			—			(4,178		)
Other, net	(2,137		)	(2,191		)	(1,343		)	—			(5,671		)
Cash provided by (used for) financing activities	487,827			(39,065		)	32,007			—			480,769
Effect of exchange rate changes on cash and cashequivalents	—			—			(1,602		)	—			(1,602		)
Net increase (decrease) in cash and cash equivalents	489,168			30,912			(11,838		)	—			508,242
Cash and cash equivalents at beginning of period	74,391			2,012			25,502			—			101,905
Cash and cash equivalents at end of period	$	563,559		$	32,924		$	13,664		$	—		$	610,147

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Nine Months Ended September 30, 2013	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Cash Flows
Operating activities:
Net income (loss)	$	82,941		$	96,388		$	(2,741	)	$	(93,647	)	$	82,941
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	(93,102		)	—			—			93,102			—
Depreciation and amortization	10			26,705			10,632			—			37,347
Share-based compensation expense	—			5,162			—			—			5,162
Provision for losses on accounts and notes receivable	—			110			69			—			179
Deferred income tax expense	—			11,649			(3,225		)	—			8,424
Changes in operating assets and liabilities:													—
Accounts and notes receivable	—			449			(18,493		)	(2,659		)	(20,703		)
Merchandise inventories	—			(15,068		)	(9,166		)	544			(23,690		)
Accounts payable	—			79,994			11,296			2,660			93,950
Net change in other assets and liabilities	5,264			(21,493		)	(5,056		)	—			(21,285		)
Other, net	972			466			(2,597		)	—			(1,159		)
Cash provided by (used for) operating activities	(3,915		)	184,362			(19,281		)	—			161,166
Investing activities:
Additions to property and equipment	—			(18,972		)	(6,172		)	—			(25,144		)
Additions to computer software and intangible assets	—			(15,534		)	(4,827		)	—			(20,361		)
Proceeds from the sale of property and equipment	—			1,829			191			—			2,020
Cash used for investing activities	—			(32,677		)	(10,808		)	—			(43,485		)
Financing activities:
Change in intercompany advances	114,145			(148,109		)	33,964			—			—
Cash dividends paid	(45,587		)	—			—			—			(45,587		)
Repurchases of common stock	(15,701		)	—			—			—			(15,701		)
Excess tax benefits related to share-based compensation	733			—			—			—			733
Proceeds from exercise of stock options	4,821			—			—			—			4,821
Other, net	(2,526		)	(1,999		)	(2,244		)	—			(6,769		)
Cash provided by (used for) financing activities	55,885			(150,108		)	31,720			—			(62,503		)
Effect of exchange rate changes on cash and cash equivalents	—			—			723			—			723
Net (decrease) increase in cash and cash equivalents	51,970			1,577			2,354			—			55,901
Cash and cash equivalents at beginning of period	58,190			13,641			26,057			—			97,888
Cash and cash equivalents at end of period	$	110,160		$	15,218		$	28,411		$	—		$	153,789

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Note 15—Recent Accounting Pronouncements

There has been no change in our significant accounting policies from those contained in our Annual Report on Form 10-K for the year ended December 31, 2013.

We adopted an Accounting Standard Update (ASU) issued by the Financial Accounting Standards Board (FASB) for presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The adoption of this guidance did not have an impact on our financial position or results of operations.

On May 28, 2014, the FASB issued an ASU, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective on January 1, 2017. Early application is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. We are evaluating the effect that the ASU will have on our consolidated financial statements and related disclosures. We have not yet selected a transition method nor have we determined the effect of the standard on our ongoing financial reporting.

Note 16—Subsequent Events

On October 1, 2014, we completed the acquisition of Medical Action Industries Inc., (Medical Action or MAI), under the definitive agreement signed June 24, 2014. MAI is a leading producer of surgical kits and procedure trays, which will enable an expansion of our capabilities in the assembly of kits, packs and trays for the healthcare market. Under terms of the definitive agreement, we acquired all outstanding shares of MAI for $13.80 per share in cash, representing a total transaction value of approximately $207 million, including assumed debt, net of cash acquired. The initial allocation of purchase price to assets and liabilities acquired is not yet complete. We do not expect the acquisition to have a material effect on operational results for 2014.

On October 16, 2014 we redeemed in full our 2016 Senior Notes for $217 million in cash. See Note 7-Debt for more information.

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

The following discussion and analysis describes results of operations and material changes in the financial condition of Owens & Minor, Inc. and its subsidiaries since December 31, 2013. Trends of a material nature are discussed to the extent known and considered relevant. This discussion should be read in conjunction with the consolidated financial statements, related notes thereto, and management’s discussion and analysis of financial condition and results of operations included in our Annual Report on Form 10-K for the year ended December 31, 2013.

Overview

Owens & Minor, Inc., along with its subsidiaries, (we, us, or our) is a leading national distributor of name-brand medical and surgical supplies and a healthcare logistics company. We report our business under two segments: Domestic and International. The Domestic segment includes all services in the United States relating to our role as a medical supply logistics company serving healthcare providers and manufacturers. The International segment provides third-party logistics for the pharmaceutical and medical device industries in the European market. Segment financial information is provided in Note 13 of Notes to Consolidated Financial Statements included in this quarterly report.

Financial highlights. The following table provides a reconciliation of reported operating earnings, net income and net income per diluted common share to non-GAAP measures used by management. GAAP and non-GAAP results discussed below for the nine months ended September 30, 2014 include a recovery of $5.3 million recorded in other operating income, net related to the settlement of a direct purchaser anti-trust class action lawsuit.

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	Three Months Ended   September 30,						Nine Months Ended   September 30,
(Dollars in thousands except per share data)	2014			2013			2014			2013
Operating earnings, as reported (GAAP)	$	35,377		$	49,215		$	118,763		$	147,150
Acquisition-related and exit and realignment charges	13,957			2,747			24,813			5,395
Operating earnings, adjusted (non-GAAP) (Adjusted Operating Earnings)	$	49,334		$	51,962		$	143,576		$	152,545
Adjusted Operating Earnings as a percent of revenue (non-GAAP)	2.07		%	2.29		%	2.07		%	2.26		%
Net income, as reported (GAAP)	$	7,155		$	27,970		$	52,516		$	82,941
Acquisition-related and exit and realignment charges, net of tax	10,297			1,899			17,614			3,832
Loss on early retirement of debt, net of tax	9,092			—			9,092			—
Net income, adjusted (non-GAAP) (Adjusted Net Income)	$	26,544		$	29,869		$	79,222		$	86,773
Net income per diluted common share, as reported (GAAP)	$	0.11		$	0.44		$	0.84		$	1.31
Acquisition-related and exit and realignment charges and loss on early retirement of debt, per diluted common share	0.31			0.03			0.42			0.06
Net income per diluted common share, adjusted (non-GAAP)(Adjusted EPS)	$	0.42		$	0.47		$	1.26		$	1.37

Adjusted EPS (non-GAAP) was $0.42 and $1.26 for the third quarter and first nine months of 2014, compared to $0.47 and $1.37 for the same periods in 2013. For the third quarter, Domestic segment operating earnings declined by $0.4 million and International segment operating earnings declined by $2.2 million compared to the prior year. On a year to date basis, operating earnings in the Domestic segment were $152 million while the International segment incurred a loss of $8.3 million, which reflected declines from prior year of $3.5 million and $5.4 million, respectively.

Use of Non-GAAP Measures

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

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

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

Acquisition-related charges were $4.6 million and $8.7 million for the three and nine months ended September 30, 2014 compared to $0.7 million and $1.5 million for the same periods of 2013. Current year charges consist primarily of transaction costs incurred to perform due diligence and analysis related to acquisitions described below, as well as costs in Movianto to resolve certain issues and claims with the former owner and to transition certain information technology functions.

Exit and realignment charges of $9.3 million and $16.1 million for the three and nine months ended September 30, 2014 were associated with optimizing our operations and include the closure and consolidation of certain distribution and logistics centers, administrative offices and warehouses in the United States and Europe. These charges also include other costs associated with our strategic organizational realignment which include management changes, certain professional fees, and costs to streamline administrative functions and processes. Similar charges in 2013 totaled $2.1 million and $3.8 million in the comparable periods.

In September 2014, we issued an irrevocable election to redeem our 2016 Senior Notes. As a result, we accrued a $14.9 million loss (pretax) on early retirement of debt which includes the redemption premium on the notes of $17.4 million offset by the unamortized gain on previously settled interest rate swaps. The repayment occurred on October 16, 2014.

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

Acquisition Update. On October 1, 2014, we completed the acquisition of Medical Action under the definitive agreement signed June 24, 2014. MAI is a leading producer of surgical kits and procedure trays, which will enable an expansion of our capabilities in the assembly of kits, packs and trays for the healthcare market. Under terms of the definitive agreement, we acquired all outstanding shares of MAI for $13.80 per share in cash, representing a total transaction value of approximately $207 million, including assumed debt, net of cash acquired.

In September 2014, we entered into a definitive agreement to acquire ArcRoyal, a privately held surgical kitting company based in Ireland. The transaction will expand our capabilities in the assembly of kits, packs and trays in the European healthcare market and is highly complementary to the capabilities acquired with MAI. The transaction is expected to close in fourth quarter of 2014.

Results of Operations

Net revenue.

	Three Months Ended September 30,				Change
(Dollars in thousands)	2014		2013		$		%
Domestic	$	2,262,081	$	2,175,663	$	86,418	4.0	%
International	124,045		94,884		29,161		30.7	%
Net revenue	$	2,386,126	$	2,270,547	$	115,579	5.1	%

	Nine Months Ended September 30,				Change
(Dollars in thousands)	2014		2013		$		%
Domestic	$	6,598,531	$	6,474,069	$	124,462	1.9	%
International	349,834		278,939		70,895		25.4	%
Net revenue	$	6,948,365	$	6,753,008	$	195,357	2.9	%

Consolidated net revenue improved in our two segments for both the three and nine months ended September 30, 2014. In the Domestic segment, the continued trend of growth in our existing large healthcare provider customer accounts and new business exceeded declines from smaller customers in both periods when compared to prior year. Domestic segment growth rates are impacted by ongoing market trends including healthcare utilization rates. The increases in the International segment were a result of new buy/sell contracts and growth in fee-for-service business as well as positive impacts from foreign exchange. Fee-for-service business generally represents approximately two-thirds of net revenue in the International segment.

Gross margin.

	Three Months Ended September 30,						Change
(Dollars in thousands)	2014			2013			$		%
Gross margin	$	292,483		$	273,329		$	19,154	7.0	%
As a % of net revenue	12.26		%	12.04		%

	Nine Months Ended September 30,						Change
(Dollars in thousands)	2014			2013			$		%
Gross margin	$	855,952		$	825,812		$	30,140	3.6	%
As a % of net revenue	12.32		%	12.23		%

The growth in fee-for-service activity drove the overall improvement in gross margin as the International segment showed $14.5 million and $37.9 million in increases over the comparable prior year quarter and nine month periods. Domestic segment gross margin for the quarter benefitted from manufacturer product price changes and higher customer margin from increased sales volume. On a year to date basis, however, this improvement did not offset the decline in margins on new and

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renewed customer contracts and the unfavorable impact of product price changes for the nine month period when compared to 2013.

Operating expenses.

	Three Months Ended September 30,						Change
(Dollars in thousands)	2014			2013			$		%
SG&A expenses	$	231,377		$	211,344		$	20,033	9.5	%
As a % of net revenue	9.70		%	9.31		%
Depreciation and amortization	$	13,841		$	12,441		$	1,400	11.3	%
Other operating income, net	$	(2,069	)	$	(2,418	)	$	349	(14.4	)%

	Nine Months Ended September 30,						Change
(Dollars in thousands)	2014			2013			$			%
SG&A expenses	$	682,825		$	641,613		$	41,212		6.4	%
As a % of net revenue	9.83		%	9.50		%
Depreciation and amortization	$	41,597		$	37,347		$	4,250		11.4	%
Other operating income, net	$	(12,046	)	$	(5,693	)	$	(6,353	)	111.6	%

Selling, general and administrative (SG&A) expenses include labor, warehousing, handling and delivery costs associated with our distribution and logistics services and all costs associated with our fee-for-service arrangements. The costs to convert new customers to our information systems are generally incurred prior to the recognition of revenues from the new customers.

International segment SG&A increased over the prior year for the three and nine month periods ended September 30, 2014 by $15.4 million and $40.0 million, respectively, due mainly to increased salaries and delivery costs associated with higher fee-for-service activity as well as increased costs associated with integrating a significant new customer in the United Kingdom earlier in the year. The Domestic segment also experienced an increase in the quarter and year to date period as a result of higher accrued incentive compensation, warehouse expense from increased sales activity and higher legal fees compared to prior year.

Depreciation and amortization expense increased for both periods primarily in the International segment due to increases in computer software amortization for assets placed in service and amortization from purchase price accounting adjustments.

Other operating income, net for the third quarter is comparable to the prior year. The increase in other operating income, net for the nine month period ended September 30, 2014 is attributed primarily to the recovery of $5.3 million from the settlement of a direct purchaser anti-trust class action lawsuit relating to the recovery of costs from purchases of medical devices over a multi-year period, as well as a gain on the sale of an investment.

Interest expense, net

	Three Months Ended September 30,						Change
(Dollars in thousands)	2014			2013			$		%
Interest expense, net	$	4,304		$	3,389		$	915	27.0	%
Effective interest rate	5.57		%	6.21		%

	Nine Months Ended September 30,						Change
(Dollars in thousands)	2014			2013			$		%
Interest expense, net	$	10,893		$	9,835		$	1,058	10.8	%
Effective interest rate	6.00		%	6.07		%

The increase in interest expense of approximately $0.9 million from prior year for both periods is attributed to the new Senior Notes issued on September 16, 2014 which are more fully described in the Capital resources section and in Note 7 of Notes to Consolidated Financial Statements.

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Income taxes.

	Three Months Ended September 30,						Change
(Dollars in thousands)	2014			2013			$			%
Income tax provision	$	9,028		$	17,856		$	(8,828	)	(49.4	)%
Effective tax rate	55.8		%	39.0		%

	Nine Months Ended September 30,						Change
(Dollars in thousands)	2014			2013			$			%
Income tax provision	$	40,464		$	54,374		$	(13,910	)	(25.6	)%
Effective tax rate	43.5		%	39.6		%

The increase in the effective tax rate, including income taxes on acquisition-related and exit and realignment charges as well as the loss on early retirement of debt, increased from the prior year periods largely due to the impact of foreign taxes and the effect of certain acquisition-related costs which are not deductible for tax purposes.

Financial Condition, Liquidity and Capital Resources

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

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

	September 30, 2014		December 31, 2013		Change
(Dollars in thousands)					$		%
Cash and cash equivalents	$	610,147	$	101,905	$	508,242	498.7	%
Accounts and notes receivable, net of allowances	$	590,140	$	572,854	$	17,286	3.0	%
Consolidated DSO (1)	21.8		22.1
Merchandise inventories	$	834,476	$	771,663	$	62,813	8.1	%
Consolidated inventory turnover (2)	10.0		10.4
Accounts payable	$	692,616	$	643,872	$	48,744	7.6	%

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

(2) Based on average annual inventory and annualized cost of goods sold based on the quarter ended September 30, 2014 and December 31, 2013

Liquidity and capital expenditures. The following table summarizes our consolidated statements of cash flows for the nine months endedSeptember 30, 2014 and 2013:

(Dollars in thousands)	2014			2013
Net cash provided by (used for):
Operating activities	$	81,144		$	161,166
Investing activities	(52,069		)	(43,485		)
Financing activities	480,769			(62,503		)
Effect of exchange rate changes	(1,602		)	723
Increase in cash and cash equivalents	$	508,242		$	55,901

Cash provided by operating activities was $81.1 million in the first nine months of 2014, compared to $161million in the same period of 2013. The decrease in cash from operating activities for the first nine months of 2014 compared to the same period in 2013 was primarily due to routine changes in working capital including timing of payments.

Cash used for investing activities was $52.1 million in the first nine months of 2014, compared to $43.5 million in the same period of 2013. Investing activities in 2014 and 2013 relate to capital expenditures for our strategic and operational

27

efficiency initiatives, particularly initiatives relating to information technology enhancements and optimizing our distribution network.

Cash provided by financing activities in the first nine months of 2014 was $481 million, compared to a use of $62.5 million in the same period of 2013. During the first nine months of 2014, we received $548 million in proceeds from the issuance of debt which drove the difference on a year over year basis. Other sources and uses of cash are similar in nature to the prior year with the exception of our purchase of the noncontrolling interest in a subsidiary for $1.5 million in 2014.

Capital resources. Our sources of liquidity include cash and cash equivalents and a revolving credit facility. On September 17, 2014, we amended our existing Credit Agreement with Wells Fargo Bank, N.A., JPMorgan Chase Bank, N.A. and a syndicate of financial institutions (the Amended Credit Agreement) increasing our borrowing capacity from $350 million to $450 million and extending the term through 2019. Under the Amended Credit Agreement, we have the ability to request twoone-year extensions and to request an increase in aggregate commitments by up to $200 million. The interest rate on the Amended Credit Agreement, which is subject to adjustment quarterly, is based on the London Interbank Offered Rate (LIBOR), the Federal Funds Rate or the Prime Rate, plus an adjustment based on the better of our debt ratings or leverage ratio (Credit Spread) as defined by the Amended Credit Agreement. We are charged a commitment fee of between 12.5 and 25.0 basis points on the unused portion of the facility. The terms of the Amended Credit Agreement limit the amount of indebtedness that we may incur and require us to maintain ratios for leverage and interest coverage, including on a pro forma basis in the event of an acquisition. At September 30, 2014, we had no borrowings and letters of credit of approximately $5.0 million outstanding under the Amended Credit Agreement, leaving $445 million available for borrowing. We also have a $1.3 million and $1.5 million letter of credit outstanding as of September 30, 2014 and December 31, 2013, which supports our facilities leased in Europe.

We may utilize the revolving credit facility for long-term strategic growth, capital expenditures, working capital and general corporate purposes. If we were unable to access the revolving credit facility, it could impact our ability to fund these needs. Based on our leverage ratio at September 30, 2014, the interest rate under the credit facility is LIBOR plus 1.375%.

On September 16, 2014, we issued $275 million of 3.875% senior notes due 2021 (the “2021 Notes”) and $275 million of 4.375% senior notes due 2024 (the “2024 Notes”). The 2021 Notes were sold at 99.5% of the principal amount with an effective yield of 3.951%. The 2024 Notes were sold at 99.6% of the principal with an effective yield of 4.422%. Interest on the 2021 Notes and 2024 Notes is payable semiannually in arrears, commencing on March 15, 2015 and December 15, 2014, respectively. We have the option to redeem the 2021 Notes and 2024 Notes in part or in whole prior to maturity at a redemption price equal to the greater of 100% of the principal amount or the present value of the remaining scheduled payments discounted at the Treasury Rate plus 30 basis points. We are deferring and amortizing over the respective terms $4.2 million in costs incurred in connection with the issuance of the 2021 Notes and the 2024 Notes.

We used a portion of the proceeds from the 2021 Notes and the 2024 Notes to complete the Medical Action acquisition on October 1, 2014 for $207 million, including assumed debt, net of cash acquired. We also used a portion of the proceeds to fund the early retirement of all of our 2016 Notes, which include the payment of a $17.4 million redemption premium. We recorded a net loss on the early retirement of our 2016 Notes of $14.9 million, which includes the redemption premium offset by the recognition of a gain on previously settled interest rate swaps. The 2016 Notes are reflected as current portion of long-term debt in our Consolidated Balance Sheet at September 30, 2014 and were repaid on October 16, 2014.

In the third quarter of 2014, we paid cash dividends of $0.25 per share, which represents a 4% increase over the rate of $0.24 per share paid in the third quarter of 2013. We anticipate continuing to pay quarterly cash dividends in the future. However, the payment of future dividends remains within the discretion of the Board of Directors and will depend upon our results of operations, financial condition, capital requirements and other factors.

In February 2014, the Board of Directors authorized a share repurchase program of up to $100 million of our outstanding common stock to be executed at the discretion of management over a three-year period, expiring in February 2017. The timing of purchases and the 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 to offset shares issued in conjunction with our stock incentive plan and return capital to shareholders. The program may be suspended or discontinued at any time. During the first nine months of 2014, we repurchased approximately 0.3 million shares for $9.9 million under this program. The remaining amount authorized for repurchases under this program is $90.1 million at September 30, 2014.

We earn a portion of our operating earnings in foreign jurisdictions outside the U.S., which we consider to be indefinitely reinvested. Accordingly, no U.S. federal and state income taxes and withholding taxes have been provided on these earnings. Our cash, cash-equivalents, short-term investments, and marketable securities held by our foreign subsidiaries totaled $13.7 million and $22.2 million as of September 30, 2014 and December 31, 2013. 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.

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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.

The IRS on January 10, 2014 released final regulations relating to the adjustment of inventory costs for certain sales based vendor charge-backs and the allowable treatment of these charge-backs in tax LIFO calculations. Based upon a 2013 accounting method change filed with the IRS and current regulatory guidance and case law we do not believe that these regulations will have a material impact on our financial statements or cash flow.

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

Recent Accounting Pronouncements

For a discussion of recent accounting pronouncements, see Note 15 in the Notes to Consolidated Financial Statements, included in this Quarterly Report on Form 10-Q for the quarterly period ended on September 30, 2014.

Forward-looking Statements

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

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

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

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

• our dependence on relationships with certain manufacturers of distributed products;

• our ability to successfully identify, manage or integrate acquisitions, including the management and integration of our acquisitions of Movianto, Medical Action and the pending acquisition of ArcRoyal;

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

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

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

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

• our ability to successfully implement our strategic initiatives;

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

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

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

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

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

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

29

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

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

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

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

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

• the risk that information systems are interrupted or damaged or fail for any extended period of time or that there is a data security breach;

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

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

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

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

• other factors described in “Item 1A. Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2013.

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

Item 3. Quantitative and Qualitative Disclosures About Market Risk

We are exposed to market risk from changes in interest rates related to our revolving credit facility. We had no outstanding borrowings and approximately $5 million in letters of credit under the revolving credit facility at September 30, 2014. A hypothetical increase in interest rates of 100 basis points would result in a potential reduction in future pre-tax earnings of approximately $0.1 million per year for every $10 million of outstanding borrowings under the revolving credit facility.

Due to the nature and pricing of our Domestic segment distribution services, we are exposed to potential volatility in fuel prices. Our strategies for helping to mitigate our exposure to changing domestic fuel prices have included entering into leases for trucks with improved fuel efficiency and entering into fixed–price agreements for diesel fuel. We benchmark our domestic diesel fuel purchase prices against the U.S. Weekly Retail On-Highway Diesel Prices (benchmark) as quoted by the U.S. Energy Information Administration. The benchmark averaged $3.83 per gallon in the first nine months of 2014, a decrease of $0.11 per gallon from the first nine months of 2013. Based on our fuel consumption in the first nine months of 2014, we estimate that every 10 cents per gallon increase in the benchmark would reduce our Domestic segment operating earnings by approximately $0.5 million on an annualized basis.

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

Item 4. Controls and Procedures

We carried out an evaluation, with the participation of management, including our principal executive officer and principal financial officer, of the effectiveness of our disclosure controls and procedures (pursuant to Rule 13a-15(e) under the Securities Exchange Act of 1934, as amended) as of the end of the period covered by this report. Based upon that evaluation, the principal executive officer and principal financial officer concluded that our disclosure controls and procedures were effective as of September 30, 2014. There has been no change in our internal control over financial reporting during the quarter ended September 30, 2014, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

Part II. Other Information

30

Item 1. Legal Proceedings

Certain legal proceedings pending against us are described in our Annual Report on Form 10-K for the year ended December 31, 2013. Through September 30, 2014, there have been no material developments in any legal proceedings reported in such Annual Report.

Item 1A. Risk Factors

Certain risk factors that we believe could affect our business and prospects are described in our Annual Report on Form 10-K for the year ended December 31, 2013. Through September 30, 2014, there have been no material changes in the risk factors described in such Annual Report.

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

In February 2014, our Board of Directors authorized a share repurchase program of up to $100 million of our outstanding common stock to be executed at the discretion of management over a three-year period, expiring in February 2017. The program is intended to offset shares issued in conjunction with our stock incentive plan and return capital to shareholders. The program may be suspended or discontinued at any time. For the three months ended September 30, 2014, we repurchased in open-market transactions and retired shares of our common stock for an aggregate of $0.5 million, or an average price per share of $34.44. The following table summarizes share repurchase activity by month during the three months ended September 30, 2014.

Period	Total number of shares purchased	Average price paid per share		Total number of shares purchased as part of a publicly announced program	Maximum dollar value of shares that may yet be purchased under the program
July 2014	14,151	$	34.44	14,151	$	90,066
August 2014	—			—	$	90,066
September 2014	—			—	$	90,066
Total	14,151			14,151

31

SIGNATURES

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

		Owens & Minor, Inc.
		(Registrant)
Date:	October 28, 2014	/s/ James L. Bierman
		James L. Bierman
		President & Chief Executive Officer
Date:	October 28, 2014	/s/ Richard A. Meier
		Richard A. Meier
		Executive Vice President & Chief Financial Officer

32

Item 6. Exhibits

(a) Exhibits

1.1	Underwriting Agreement, dated September 11, 2014, by and among Owens & Minor, Inc., Owens and Minor Distribution, Inc., Owens & Minor Medical, Inc. and J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein (incorporated herein by reference to the Company’s Current Report on Form 8-K, Exhibit 1.1, dated September 17, 2014)
3.1	Amended and Restated Bylaws of Owens & Minor, Inc. (incorporated herein by reference to the Company’s Current Report on Form 8-K, Exhibit 3.1, dated July 29, 2014)
4.1	Indenture, dated September 16, 2014, by and among Owens & Minor, Inc., Owens and Minor Distribution, Inc., Owens & Minor Medical, Inc. and U.S. Bank National Association, as trustee (incorporated herein by reference to the Company’s Current Report on Form 8-K, Exhibit 4.1, dated September 17, 2014)
4.2	First Supplemental Indenture, dated September 16, 2014, by and among Owens & Minor, Inc., Owens and Minor Distribution, Inc., Owens & Minor Medical, Inc. and U.S. Bank National Association, as trustee (incorporated herein by reference to the Company’s Current Report on Form 8-K, Exhibit 4.2, dated September 17, 2014)
10.1	First Amendment, dated as of September 17, 2014, by and among Owens & Minor Distribution, Inc. and Owens & Minor Medical, Inc. (the “Borrowers”), Owens & Minor, Inc. and certain of its domestic subsidiaries (together, the “Guarantors) and Wells Fargo Bank, N.A. (the “Administrative Agent”), to the Credit Agreement dated as of June 5, 2012 by and among the Borrowers, the Guarantors, a syndicate of financial institutions party thereto, the Administrative Agent, and the other agents party thereto (incorporated herein by reference to the Company’s Current Report on Form 8-K, Exhibit 10.1, dated September 18, 2014)
31.1	Certification of Chief Executive Officer pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2	Certification of Chief Financial Officer pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1	Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2	Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	XBRL Taxonomy Definition Linkbase Document
101.LAB	XBRL Taxonomy Extension Label Linkbase Document
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document

33

EX-31.1

Exhibit 31.1

CERTIFICATION PURSUANT TO

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

AS ADOPTED PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, James L. Bierman, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q for the quarter ended September 30, 2014, of Owens & Minor, Inc.;

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

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

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

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

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

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

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

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

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

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

Date:	October 28, 2014
/s/ James L. Bierman
James L. Bierman
President & Chief Executive Officer

EX-31.2

Exhibit 31.2

CERTIFICATION PURSUANT TO

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

AS ADOPTED PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Richard A. Meier, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q for the quarter ended September 30, 2014, of Owens & Minor, Inc.;

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

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

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

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

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

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

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

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

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

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

Date:	October 28, 2014
/s/ Richard A. Meier
Richard A. Meier
Executive Vice President & Chief Financial Officer

EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Owens & Minor, Inc. (the “Company”) on Form 10-Q for the period ended September 30, 2014, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, James L. Bierman, President & Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:

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

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

/s/ James L. Bierman

James L. Bierman

President & Chief Executive Officer

Owens & Minor, Inc.

October 28, 2014

EX-32.2

Exhibit 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Owens & Minor, Inc. (the “Company”) on Form 10-Q for the period ended September 30, 2014, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Richard A. Meier, Executive Vice President & Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:

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

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

/s/ Richard A. Meier

Richard A. Meier

Executive Vice President & Chief Financial Officer

Owens & Minor, Inc.

October 28, 2014

XML

Goodwill and Intangible Assets - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net	$ 36,457,000		$ 36,457,000		$ 40,406,000
Amortization expense for intangible assets	1,100,000	700,000	3,400,000	2,700,000
Estimated amortization expense for the remainder of 2014	1,100,000		1,100,000
Estimated amortization expense for 2015	4,900,000		4,900,000
Estimated amortization expense for 2016	5,000,000		5,000,000
Estimated amortization expense for 2017	4,800,000		4,800,000
Estimated amortization expense for 2018	4,100,000		4,100,000
Estimated amortization expense for 2019	3,900,000		3,900,000
Domestic Segment
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net	16,300,000		16,300,000
International Segment
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net	$ 20,100,000		$ 20,100,000

XML

Consolidated Total Assets (Detail) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2012
Segment Reporting, Asset Reconciling Item [Line Items]
Cash and cash equivalents	$ 610,147	$ 101,905	$ 153,789	$ 97,888
Assets	2,943,898	2,324,042
Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	2,333,751	2,222,137
Operating Segments | Domestic
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	1,834,169	1,747,572
Operating Segments | International
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	$ 499,582	$ 474,565

XML

Summary of Calculation of Net Income Per Common Share (Detail) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Numerator:
Net income	$ 7,155	$ 27,970	$ 52,516	$ 82,941
Less: income allocated to unvested restricted shares	(150)	(186)	(453)	(541)
Net income attributable to common shareholders - basic	7,005	27,784	52,063	82,400
Add: undistributed income attributable to unvested restricted shares - basic	0	59	26	185
Less: undistributed income attributable to unvested restricted shares - diluted	0	(59)	(26)	(185)
Net income attributable to common shareholders - diluted	$ 7,005	$ 27,784	$ 52,063	$ 82,400
Denominator:
Weighted average shares outstanding - basic (in shares)	62,175	62,605	62,238	62,678
Dilutive shares - stock options (in shares)	4	26	7	41
Weighted average shares outstanding - diluted (in shares)	62,179	62,631	62,245	62,719
Net income per share attributable to common shareholders:
Basic (in usd per share)	$ 0.11	$ 0.44	$ 0.84	$ 1.31
Diluted (in usd per share)	$ 0.11	$ 0.44	$ 0.84	$ 1.31

XML

Condensed Consolidating Financial Information (Details)	3 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Percentage of ownership	100.00%

XML

Debt - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended		0 Months Ended			9 Months Ended			0 Months Ended		0 Months Ended		9 Months Ended					0 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 17, 2014 Revolving Credit Facility extension	Sep. 17, 2014 Revolving Credit Facility	Sep. 16, 2014 Revolving Credit Facility	Sep. 30, 2014 Revolving Credit Facility Minimum	Sep. 30, 2014 Revolving Credit Facility Maximum	Sep. 30, 2014 Revolving Credit Facility, Additional Borrowing Capacity	Sep. 16, 2014 3.875% Senior Notes [Member] Senior Notes [Member]	Sep. 16, 2014 3.875% Senior Notes [Member] Senior Notes [Member]	Sep. 16, 2014 4.375% Senior Notes [Member] Senior Notes [Member]	Sep. 16, 2014 4.375% Senior Notes [Member] Senior Notes [Member]	Sep. 30, 2014 Senior Notes [Member]	Sep. 30, 2014 2021 and 2024 Notes [Member] Senior Notes [Member]	Sep. 30, 2014 Letter of Credit	Sep. 30, 2014 European Lease Agreement Replaced Line of Credit	Dec. 31, 2013 European Lease Agreement Replaced Line of Credit	Oct. 16, 2014 Subsequent Event [Member] 6.35% Senior Notes [Member] Senior Notes [Member]	Oct. 16, 2014 Subsequent Event [Member] 6.35% Senior Notes [Member] Senior Notes [Member]	Sep. 30, 2014 Treasury Rate [Member] 2021 and 2024 Notes [Member] Senior Notes [Member] Minimum	Sep. 30, 2014 Treasury Rate [Member] 2021 and 2024 Notes [Member] Senior Notes [Member] Maximum
Debt Instrument [Line Items]
Par value of debt												$ 275,000,000		$ 275,000,000
Interest rate of debt												3.875%		4.375%							6.35%
Debt Instrument, Maturity Date											Sep. 30, 2021		Dec. 15, 2024
Debt issued, percent of par											99.50%		99.60%
Effective yield percentage												3.951%		4.422%
Debt redemption price, percentage																100.00%
Debt redemption price discount rate, basis spread on Treasury Rate																						0.25%	0.30%
Deferred finance costs																4,200,000
Debt retired																					200,000,000
Redemption premium																				17,400,000
Loss on early retirement of debt	14,890,000	0	14,890,000	0																14,900,000
Senior Notes redemption price description															We may redeem the Senior Notes, in whole or in part, at a redemption price of the greater of 100% of the principal amount of the Senior Notes or the present value of remaining scheduled payments of principal and interest discounted at the applicable Treasury Rate plus 0.25%.
Expiration date					Sep. 17, 2019
Maximum borrowing capacity						450,000,000	350,000,000			200,000,000
Number of extension					2
Term of each extension (in years)					1 year
Commitment fee charged on unused portion of facility								0.125%	0.25%
Borrowings outstanding	0		0														5,000,000	1,300,000	1,500,000
Amount available for borrowing	$ 445,000,000		$ 445,000,000

XML

Segment Information (Tables)

9 Months Ended

Sep. 30, 2014

Segment Reporting [Abstract]

Financial Information by Segment

The following tables present financial information by segment:

	Three Months Ended   September 30,						Nine Months Ended   September 30,
	2014			2013			2014			2013
Net revenue:
Domestic	$	2,262,081		$	2,175,663		$	6,598,531		$	6,474,069
International	124,045			94,884			349,834			278,939
Consolidated net revenue	$	2,386,126		$	2,270,547		$	6,948,365		$	6,753,008
Operating earnings (loss):
Domestic	$	50,797		$	51,213		$	151,849		$	155,364
International	(1,463		)	749			(8,273		)	(2,819		)
Acquisition-related and exit and realignment charges	(13,957		)	(2,747		)	(24,813		)	(5,395		)
Consolidated operating earnings	$	35,377		$	49,215		$	118,763		$	147,150
Depreciation and amortization:
Domestic	$	8,986		$	8,805		$	26,772		$	26,775
International	4,855			3,636			14,825			10,572
Consolidated depreciation and amortization	$	13,841		$	12,441		$	41,597		$	37,347
Capital expenditures:
Domestic	$	11,077		$	10,032		$	40,110		$	34,506
International	4,257			4,426			14,047			10,999
Consolidated capital expenditures	$	15,334		$	14,458		$	54,157		$	45,505

Consolidated Total Assets

	September 30, 2014		December 31, 2013
Total assets:
Domestic	$	1,834,169	$	1,747,572
International	499,582		474,565
Segment assets	2,333,751		2,222,137
Cash and cash equivalents	610,147		101,905
Consolidated total assets	$	2,943,898	$	2,324,042

XML

Condensed Consolidating Financial Information (Condensed Consolidating Balance Sheet) (Detail) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Dec. 31, 2012
Current assets
Cash and cash equivalents	$ 610,147		$ 101,905	$ 153,789		$ 97,888
Accounts and notes receivable, net	590,140		572,854
Merchandise inventories	834,476		771,663
Other current assets	295,441		279,510
Total current assets	2,330,204		1,725,932
Property and equipment, net	203,955		191,961
Goodwill	274,533		275,439
Intangible assets, net	36,457		40,406
Due from O&M and subsidiaries	0		0
Advances to and investment in consolidated subsidiaries	0		0
Other assets, net	98,749		90,304
Total assets	2,943,898		2,324,042
Current liabilities
Current portion of long-term debt	202,401		2,428
Accounts payable	692,616		643,872
Accrued payroll and related liabilities	28,709		23,296
Deferred income taxes	39,406		41,613
Other accrued liabilities	315,581		277,970
Total current liabilities	1,278,713		989,179
Long-term debt, excluding current portion	563,882		213,815
Due to O&M and subsidiaries	0		0
Intercompany debt	0		0
Deferred income taxes	41,725		43,727
Other liabilities	52,054		52,278
Total liabilities	1,936,374		1,298,999
Equity
Common stock	126,159		126,193
Paid-in capital	200,961		196,605
Retained earnings (deficit)	687,511		691,547
Accumulated other comprehensive income (loss)	(7,107)	9,690	9,568	2,391	(6,158)	(406)
Total Owens & Minor, Inc. shareholders’ equity	1,007,524		1,023,913
Noncontrolling interest	0		1,130
Total equity	1,007,524		1,025,043	1,006,320		973,656
Total liabilities and equity	2,943,898		2,324,042
Owens & Minor, Inc.
Current assets
Cash and cash equivalents	563,559		74,391	110,160		58,190
Accounts and notes receivable, net	0		0
Merchandise inventories	0		0
Other current assets	253		201
Total current assets	563,812		74,592
Property and equipment, net	0		2
Goodwill	0		0
Intangible assets, net	0		0
Due from O&M and subsidiaries	0		0
Advances to and investment in consolidated subsidiaries	1,587,331		1,533,294
Other assets, net	4,178		408
Total assets	2,155,321		1,608,296
Current liabilities
Current portion of long-term debt	200,000		0
Accounts payable	6		0
Accrued payroll and related liabilities	0		0
Deferred income taxes	0		0
Other accrued liabilities	26,776		6,811
Total current liabilities	226,782		6,811
Long-term debt, excluding current portion	547,765		204,028
Due to O&M and subsidiaries	373,250		373,544
Intercompany debt	0		0
Deferred income taxes	0		0
Other liabilities	0		0
Total liabilities	1,147,797		584,383
Equity
Common stock	126,159		126,193
Paid-in capital	200,961		196,605
Retained earnings (deficit)	687,511		691,547
Accumulated other comprehensive income (loss)	(7,107)		9,568
Total Owens & Minor, Inc. shareholders’ equity			1,023,913
Noncontrolling interest			0
Total equity	1,007,524		1,023,913
Total liabilities and equity	2,155,321		1,608,296
Guarantor Subsidiaries
Current assets
Cash and cash equivalents	32,924		2,012	15,218		13,641
Accounts and notes receivable, net	496,444		496,310
Merchandise inventories	804,409		750,999
Other current assets	91,582		72,049
Total current assets	1,425,359		1,321,370
Property and equipment, net	105,689		96,500
Goodwill	247,271		247,271
Intangible assets, net	16,323		17,881
Due from O&M and subsidiaries	409,280		377,786
Advances to and investment in consolidated subsidiaries	0		0
Other assets, net	68,606		63,848
Total assets	2,272,528		2,124,656
Current liabilities
Current portion of long-term debt	2,401		2,428
Accounts payable	649,274		595,865
Accrued payroll and related liabilities	17,033		12,792
Deferred income taxes	39,277		41,464
Other accrued liabilities	98,147		85,367
Total current liabilities	806,132		737,916
Long-term debt, excluding current portion	6,517		7,228
Due to O&M and subsidiaries	0		0
Intercompany debt	138,890		138,890
Deferred income taxes	31,158		32,173
Other liabilities	48,179		47,816
Total liabilities	1,030,876		964,023
Equity
Common stock	0		0
Paid-in capital	241,878		242,024
Retained earnings (deficit)	1,006,001		925,184
Accumulated other comprehensive income (loss)	(6,227)		(6,575)
Total Owens & Minor, Inc. shareholders’ equity			1,160,633
Noncontrolling interest			0
Total equity	1,241,652		1,160,633
Total liabilities and equity	2,272,528		2,124,656
Non-guarantor Subsidiaries
Current assets
Cash and cash equivalents	13,664		25,502	28,411		26,057
Accounts and notes receivable, net	97,325		79,722
Merchandise inventories	31,811		22,128
Other current assets	204,901		207,058
Total current assets	347,701		334,410
Property and equipment, net	98,266		95,459
Goodwill	27,262		28,168
Intangible assets, net	20,134		22,525
Due from O&M and subsidiaries	0		0
Advances to and investment in consolidated subsidiaries	0		0
Other assets, net	25,965		26,048
Total assets	519,328		506,610
Current liabilities
Current portion of long-term debt	0		0
Accounts payable	46,965		51,185
Accrued payroll and related liabilities	11,676		10,504
Deferred income taxes	129		149
Other accrued liabilities	192,150		185,792
Total current liabilities	250,920		247,630
Long-term debt, excluding current portion	9,600		2,559
Due to O&M and subsidiaries	36,002		2,910
Intercompany debt	0		0
Deferred income taxes	10,567		11,554
Other liabilities	3,875		4,462
Total liabilities	310,964		269,115
Equity
Common stock	1,500		1,500
Paid-in capital	261,519		259,864
Retained earnings (deficit)	(53,775)		(41,029)
Accumulated other comprehensive income (loss)	(880)		16,030
Total Owens & Minor, Inc. shareholders’ equity			236,365
Noncontrolling interest			1,130
Total equity	208,364		237,495
Total liabilities and equity	519,328		506,610
Eliminations
Current assets
Cash and cash equivalents	0		0	0		0
Accounts and notes receivable, net	(3,629)		(3,178)
Merchandise inventories	(1,744)		(1,464)
Other current assets	(1,295)		202
Total current assets	(6,668)		(4,440)
Property and equipment, net	0		0
Goodwill	0		0
Intangible assets, net	0		0
Due from O&M and subsidiaries	(409,280)		(377,786)
Advances to and investment in consolidated subsidiaries	(1,587,331)		(1,533,294)
Other assets, net	0		0
Total assets	(2,003,279)		(1,915,520)
Current liabilities
Current portion of long-term debt	0		0
Accounts payable	(3,629)		(3,178)
Accrued payroll and related liabilities	0		0
Deferred income taxes	0		0
Other accrued liabilities	(1,492)		0
Total current liabilities	(5,121)		(3,178)
Long-term debt, excluding current portion	0		0
Due to O&M and subsidiaries	(409,252)		(376,454)
Intercompany debt	(138,890)		(138,890)
Deferred income taxes	0		0
Other liabilities	0		0
Total liabilities	(553,263)		(518,522)
Equity
Common stock	(1,500)		(1,500)
Paid-in capital	(503,397)		(501,888)
Retained earnings (deficit)	(952,226)		(884,155)
Accumulated other comprehensive income (loss)	7,107		(9,455)
Total Owens & Minor, Inc. shareholders’ equity			(1,396,998)
Noncontrolling interest			0
Total equity	(1,450,016)		(1,396,998)
Total liabilities and equity	$ (2,003,279)		$ (1,915,520)

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Subsequent Events

9 Months Ended

Sep. 30, 2014

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

On October 1, 2014, we completed the acquisition of Medical Action Industries Inc., (Medical Action or MAI), under the definitive agreement signed June 24, 2014. MAI is a leading producer of surgical kits and procedure trays, which will enable an expansion of our capabilities in the assembly of kits, packs and trays for the healthcare market. Under terms of the definitive agreement, we acquired all outstanding shares of MAI for $13.80 per share in cash, representing a total transaction value of approximately $207 million, including assumed debt, net of cash acquired. The initial allocation of purchase price to assets and liabilities acquired is not yet complete. We do not expect the acquisition to have a material effect on operational results for 2014.

On October 16, 2014 we redeemed in full our 2016 Senior Notes for $217 million in cash. See Note 7-Debt for more information.

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Changes in Accumulated Income Loss by Component (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss),Beginning Balance	$ 9,690	$ (6,158)	$ 9,568	$ (406)
Other comprehensive income (loss) before reclassifications	(16,840)	9,426	(16,913)	2,743
Income tax	0	(1,072)	0	(533)
Other comprehensive income (loss) before reclassifications, net of tax	(16,840)	8,354	(16,913)	2,210
Amounts reclassified from accumulated other comprehensive income (loss)	44	321	411	963
Income tax	(1)	(126)	(173)	(376)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	43	195	238	587
Total other comprehensive income (loss), net of tax	(16,797)	8,549	(16,675)	2,797
Accumulated other comprehensive income (loss),Ending Balance	(7,107)	2,391	(7,107)	2,391
Defined Benefit Pension Plans
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss),Beginning Balance	(6,260)	(9,901)	(6,479)	(10,318)
Amounts reclassified from accumulated other comprehensive income (loss)	189	342	596	1,025
Income tax	(57)	(134)	(245)	(400)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	132	208	351	625
Total other comprehensive income (loss), net of tax	132	208	351	625
Accumulated other comprehensive income (loss),Ending Balance	(6,128)	(9,693)	(6,128)	(9,693)
Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss),Beginning Balance	15,789	3,605	15,892	9,749
Other comprehensive income (loss) before reclassifications	(16,796)	9,412	(16,899)	2,729
Income tax	0	(1,072)	0	(533)
Other comprehensive income (loss) before reclassifications, net of tax	(16,796)	8,340	(16,899)	2,196
Total other comprehensive income (loss), net of tax	(16,796)	8,340	(16,899)	2,196
Accumulated other comprehensive income (loss),Ending Balance	(1,007)	11,945	(1,007)	11,945
Other
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss),Beginning Balance	161	138	155	163
Other comprehensive income (loss) before reclassifications	(44)	14	(14)	14
Other comprehensive income (loss) before reclassifications, net of tax	(44)	14	(14)	14
Amounts reclassified from accumulated other comprehensive income (loss)	(145)	(21)	(185)	(62)
Income tax	56	8	72	24
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	(89)	(13)	(113)	(38)
Total other comprehensive income (loss), net of tax	(133)	1	(127)	(24)
Accumulated other comprehensive income (loss),Ending Balance	$ 28	$ 139	$ 28	$ 139

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Exit and Realignment Costs - Narrative (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Restructuring Cost and Reserve [Line Items]
Exit and realignment costs incurred	$ 6.3	$ 1.4	$ 9.4	$ 2.5
Expected cost remaining	12.0		12.0
Other facility costs and asset write-downs
Restructuring Cost and Reserve [Line Items]
Exit and realignment costs incurred	3.1	0.7	4.3	1.1
Staff and labor costs
Restructuring Cost and Reserve [Line Items]
Exit and realignment costs incurred	0.6	0.7	1.4	1.4
Professional fees
Restructuring Cost and Reserve [Line Items]
Exit and realignment costs incurred	1.2		1.3
Information systems related costs
Restructuring Cost and Reserve [Line Items]
Exit and realignment costs incurred	0.7		0.9
Other
Restructuring Cost and Reserve [Line Items]
Exit and realignment costs incurred	$ 0.7		$ 1.5

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Changes in Carrying Amount of Goodwill (Detail) (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 30, 2014
Goodwill [Roll Forward]
Carrying amount of goodwill, December 31, 2013	$ 275,439
Currency translation adjustments	(906)
Carrying amount of goodwill, September 30, 2014	274,533
Domestic Segment
Goodwill [Roll Forward]
Carrying amount of goodwill, December 31, 2013	248,498
Currency translation adjustments	0
Carrying amount of goodwill, September 30, 2014	248,498
International Segment
Goodwill [Roll Forward]
Carrying amount of goodwill, December 31, 2013	26,941
Currency translation adjustments	(906)
Carrying amount of goodwill, September 30, 2014	$ 26,035

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Commitments and Contingencies - Additional Information (Detail) (USD $)	9 Months Ended
	Sep. 30, 2014	Dec. 31, 2013
Loss Contingencies [Line Items]
Contractual obligations, repayment term	36 months
Total contingent obligations due if contractual performance targets are not achieved	$ 900,000
Total contingent obligations due in 2014 if contractual performance targets are not achieved	700,000
Total contingent obligations due in 2015 if contractual performance targets are not achieved	100,000
Total contingent obligations due in 2016 if contractual performance targets are not achieved	100,000
Deferred revenue related to outstanding contractual performance targets	900,000
Audit reimbursement period (in years), maximum	7 years
Accounts receivable	590,140,000	572,854,000
Collectibility of Receivables
Loss Contingencies [Line Items]
Accounts receivable	$ 14,700,000

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Income Taxes - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Effective income tax rate	55.80%	39.00%	43.50%	39.60%
Liability for unrecognized tax benefit	$ 5.0		$ 5.0		$ 4.6
Unrecognized tax benefit highly certain	$ 3.8		$ 3.8

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Consolidated Statements of Changes in Equity (Parenthetical) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement of Stockholders' Equity [Abstract]
Dividends declared (in USD per share)	$ 0.25	$ 0.24	$ 0.75	$ 0.72

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Retirement Plan - Additional Information (Detail) (Health and Welfare Plans of Foreign Subsidiaries, USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Health and Welfare Plans of Foreign Subsidiaries
Defined Benefit Plan Disclosure [Line Items]
Health and welfare plans expense	$ 0.5	$ 0.2	$ 1.4	$ 0.7

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Retirement Plan (Tables) (Domestic Retirement Plans)

9 Months Ended

Sep. 30, 2014

Domestic Retirement Plans

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

Components of Net Periodic Benefit Cost for Domestic Retirement Plan

The components of net periodic benefit cost, which are included in selling, general and administrative expenses, for the three and nine months ended September 30, 2014 and 2013, were as follows:

	Three Months Ended   September 30,				Nine Months Ended   September 30,
	2014		2013		2014		2013
Service cost	$	60	$	24	$	136	$	89
Interest cost	482		414		1,446		1,241
Recognized net actuarial loss	204		341		612		1,024
Net periodic benefit cost	$	746	$	779	$	2,194	$	2,354

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Exit and Realignment Costs (Tables)

9 Months Ended

Sep. 30, 2014

Restructuring and Related Activities [Abstract]

Schedule of Exit and Realignment Costs

Exit and realignment charges by segment for the three and nine month periods ended September 30, 2014 and 2013 were as follows:

	Three Months Ended   September 30,				Nine Months Ended   September 30,
	2014		2013		2014		2013
Domestic segment	$	4,654	$	1,856	$	8,250	$	3,162
International segment	4,738		235		7,869		685
Total exit and realignment charges	$	9,392	$	2,091	$	16,119	$	3,847

Summary of Accrued Exit Costs

The following table summarizes the activity related to exit and realignment cost accruals through September 30, 2014 and 2013:

	Lease Obligations			Severance			Total
Accrued exit and realignment costs, December 31, 2013	$	2,434		$	475		$	2,909
Provision for exit and realignment activities	532			807			1,339
Cash payments, net of sublease income	(411		)	(327		)	(738		)
Accrued exit and realignment costs, March 31, 2014	2,555			955			3,510
Provision for exit and realignment activities	6			2,236			2,242
Cash payments, net of sublease income	(383		)	(1,095		)	(1,478		)
Accrued exit and realignment costs, June 30, 2014	2,178			2,096			4,274
Provision for exit and realignment activities	912			2,215			3,127
Cash payments, net of sublease income	(867		)	(460		)	(1,327		)
Accrued exit and realignment costs, September 30, 2014	$	2,223		$	3,851		$	6,074
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	(4,844		)	(147		)	(4,991		)
Accrued exit and realignment costs, March 31, 2013	792			972			1,764
Cash payments, net of sublease income	(118		)	(137		)	(255		)
Accrued exit and realignment costs, June 30, 2013	674			835			1,509
Provision for exit and realignment activities	648			76			724
Change in estimate	—			(79		)	(79		)
Cash payments, net of sublease income	(463		)	(105		)	(568		)
Accrued exit and realignment costs, September 30, 2013	$	859		$	727		$	1,586

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Condensed Consolidating Financial Information (Condensed Consolidating Statements Of Income) (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Condensed Financial Statements, Captions [Line Items]
Net revenue	$ 2,386,126	$ 2,270,547	$ 6,948,365	$ 6,753,008
Cost of goods sold	2,093,643	1,997,218	6,092,413	5,927,196
Gross margin	292,483	273,329	855,952	825,812
Selling, general and administrative expenses	231,377	211,344	682,825	641,613
Acquisition-related and exit and realignment charges	13,957	2,747	24,813	5,395
Depreciation and amortization	13,841	12,441	41,597	37,347
Other operating income, net	(2,069)	(2,418)	(12,046)	(5,693)
Operating earnings	35,377	49,215	118,763	147,150
Interest expense (income), net	4,304	3,389	10,893	9,835
Loss on early retirement of debt	14,890	0	14,890	0
Income before income taxes	16,183	45,826	92,980	137,315
Income tax (benefit) provision	9,028	17,856	40,464	54,374
Equity in earnings of subsidiaries	0	0	0	0
Net income	7,155	27,970	52,516	82,941
Other comprehensive income (loss)	(16,797)	8,549	(16,675)	2,797
Comprehensive income (loss)	(9,642)	36,519	35,841	85,738
Owens & Minor, Inc.
Condensed Financial Statements, Captions [Line Items]
Net revenue	0	0	0	0
Cost of goods sold	0	0	0	0
Gross margin	0	0	0	0
Selling, general and administrative expenses	25	264	36	1,138
Acquisition-related and exit and realignment charges	0	0	0	0
Depreciation and amortization	0	3	2	10
Other operating income, net	0	0	0	0
Operating earnings	(25)	(267)	(38)	(1,148)
Interest expense (income), net	3,925	5,791	9,328	15,340
Loss on early retirement of debt	14,890		14,890
Income before income taxes	(18,840)	(6,058)	(24,256)	(16,488)
Income tax (benefit) provision	(7,144)	(2,319)	(9,299)	(6,327)
Equity in earnings of subsidiaries	18,851	31,709	67,473	93,102
Net income	7,155	27,970	52,516	82,941
Other comprehensive income (loss)	(16,797)	8,549	(16,675)	2,797
Comprehensive income (loss)	(9,642)	36,519	35,841	85,738
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net revenue	2,261,448	2,175,663	6,596,941	6,473,954
Cost of goods sold	2,047,328	1,965,696	5,965,607	5,833,900
Gross margin	214,120	209,967	631,334	640,054
Selling, general and administrative expenses	155,950	151,107	462,325	459,780
Acquisition-related and exit and realignment charges	7,893	1,856	13,074	3,116
Depreciation and amortization	8,966	8,780	26,703	26,705
Other operating income, net	(1,167)	(1,454)	(9,043)	(3,597)
Operating earnings	42,478	49,678	138,275	154,050
Interest expense (income), net	1,002	(2,364)	3,502	(5,096)
Loss on early retirement of debt	0		0
Income before income taxes	41,476	52,042	134,773	159,146
Income tax (benefit) provision	16,463	20,694	53,989	62,758
Equity in earnings of subsidiaries	0	0	0	0
Net income	25,013	31,348	80,784	96,388
Other comprehensive income (loss)	131	207	350	623
Comprehensive income (loss)	25,144	31,555	81,134	97,011
Non-guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net revenue	141,086	106,784	398,646	313,023
Cost of goods sold	62,850	43,238	173,747	126,720
Gross margin	78,236	63,546	224,899	186,303
Selling, general and administrative expenses	75,402	59,973	220,464	180,695
Acquisition-related and exit and realignment charges	6,064	891	11,739	2,279
Depreciation and amortization	4,875	3,658	14,892	10,632
Other operating income, net	(1,235)	(964)	(3,336)	(2,096)
Operating earnings	(6,870)	(12)	(18,860)	(5,207)
Interest expense (income), net	(623)	(38)	(1,937)	(409)
Loss on early retirement of debt	0		0
Income before income taxes	(6,247)	26	(16,923)	(4,798)
Income tax (benefit) provision	(291)	(519)	(4,226)	(2,057)
Equity in earnings of subsidiaries	0	0	0	0
Net income	(5,956)	545	(12,697)	(2,741)
Other comprehensive income (loss)	(16,795)	8,341	(16,898)	2,195
Comprehensive income (loss)	(22,751)	8,886	(29,595)	(546)
Eliminations
Condensed Financial Statements, Captions [Line Items]
Net revenue	(16,408)	(11,900)	(47,222)	(33,969)
Cost of goods sold	(16,535)	(11,716)	(46,941)	(33,424)
Gross margin	127	(184)	(281)	(545)
Selling, general and administrative expenses	0	0	0	0
Acquisition-related and exit and realignment charges	0	0	0	0
Depreciation and amortization	0	0	0	0
Other operating income, net	333	0	333	0
Operating earnings	(206)	(184)	(614)	(545)
Interest expense (income), net	0	0	0	0
Loss on early retirement of debt	0		0
Income before income taxes	(206)	(184)	(614)	(545)
Income tax (benefit) provision	0	0	0	0
Equity in earnings of subsidiaries	(18,851)	(31,709)	(67,473)	(93,102)
Net income	(19,057)	(31,893)	(68,087)	(93,647)
Other comprehensive income (loss)	16,664	(8,548)	16,548	(2,818)
Comprehensive income (loss)	$ (2,393)	$ (40,441)	$ (51,539)	$ (96,465)

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Components of Net Periodic Benefit Cost (Detail) (Domestic Retirement Plans, USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Domestic Retirement Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 60	$ 24	$ 136	$ 89
Interest cost	482	414	1,446	1,241
Recognized net actuarial loss	204	341	612	1,024
Net periodic benefit cost	$ 746	$ 779	$ 2,194	$ 2,354

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Debt (Tables)

9 Months Ended

Sep. 30, 2014

Debt Disclosure [Abstract]

Schedule of Debt

Debt consists of the following:

	September 30, 2014						December 31, 2013
	Carrying Amount			Estimated Fair Value			Carrying Amount			Estimated Fair Value
6.35% Senior Notes, $200 million par value, maturing April 2016	$	200,000		$	217,352		$	204,028		$	218,750
3.875% Senior Notes, $275 million par value, maturing September 2021	273,732			274,973			—			—
4.375% Senior Notes, $275 million par value, maturing December 2024	273,961			276,430			—			—
Capital leases	18,590			18,590			12,215			12,215
Total debt	766,283			787,345			216,243			230,965
Less current maturities	(202,401		)	(219,753		)	(2,428		)	(2,428		)
Long-term debt	$	563,882		$	567,592		$	213,815		$	228,537

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Net Income per Common Share (Tables)

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Summary of Calculation of Net Income Per Common Share

The following summarizes the calculation of net income per common share attributable to common shareholders for the three and nine months ended September 30, 2014 and 2013.

	Three Months Ended   September 30,						Nine Months Ended   September 30,
(in thousands, except per share data)	2014			2013			2014			2013
Numerator:
Net income	$	7,155		$	27,970		$	52,516		$	82,941
Less: income allocated to unvested restricted shares	(150		)	(186		)	(453		)	(541		)
Net income attributable to common shareholders - basic	7,005			27,784			52,063			82,400
Add: undistributed income attributable to unvested restricted shares - basic	—			59			26			185
Less: undistributed income attributable to unvested restricted shares - diluted	—			(59		)	(26		)	(185		)
Net income attributable to common shareholders - diluted	$	7,005		$	27,784		$	52,063		$	82,400
Denominator:
Weighted average shares outstanding - basic	62,175			62,605			62,238			62,678
Dilutive shares - stock options	4			26			7			41
Weighted average shares outstanding - diluted	62,179			62,631			62,245			62,719
Net income per share attributable to common shareholders:
Basic	$	0.11		$	0.44		$	0.84		$	1.31
Diluted	$	0.11		$	0.44		$	0.84		$	1.31

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Consolidated Statements of Changes in Equity (USD $) In Thousands, unless otherwise specified	Total	Common Stock	Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Noncontrolling Interest
Beginning Balance at Dec. 31, 2012	$ 973,656	$ 126,544	$ 187,394	$ 658,994	$ (406)	$ 1,130
Beginning Balance (in shares) at Dec. 31, 2012		63,271
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	82,941			82,941
Other comprehensive income	2,797				2,797
Dividends declared	(45,466)			(45,466)
Shares repurchased and retired (in shares)		(471)
Shares repurchased and retired	(15,700)	(942)		(14,758)
Share-based compensation expense, exercises and other (shares)		362
Share-based compensation expense, exercises and other	8,092	724	7,368
Ending Balance at Sep. 30, 2013	1,006,320	126,326	194,762	681,711	2,391	1,130
Ending Balance (in shares) at Sep. 30, 2013		63,162
Beginning Balance at Dec. 31, 2013	1,025,043	126,193	196,605	691,547	9,568	1,130
Beginning Balance (in shares) at Dec. 31, 2013	63,096	63,096
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	52,516			52,516
Other comprehensive income	(16,675)				(16,675)
Dividends declared	(47,201)			(47,201)
Shares repurchased and retired (in shares)	(300)	(291)
Shares repurchased and retired	(9,934)	(583)		(9,351)
Share-based compensation expense, exercises and other (shares)		275
Share-based compensation expense, exercises and other	5,600	549	5,051
Purchase of noncontrolling interest	(1,825)		(695)			(1,130)
Ending Balance at Sep. 30, 2014	$ 1,007,524	$ 126,159	$ 200,961	$ 687,511	$ (7,107)	$ 0
Ending Balance (in shares) at Sep. 30, 2014	63,080	63,080

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Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2014

Equity [Abstract]

Changes in Accumulated Other Comprehensive Income (Loss) by Component

The following table shows the changes in accumulated other comprehensive income (loss) by component for the three and nine months ended September 30, 2014 and 2013:

	Defined Benefit Pension Plans			Currency Translation Adjustments			Other			Total
Accumulated other comprehensive income (loss), June 30, 2014	$	(6,260	)	$	15,789		$	161		$	9,690
Other comprehensive income (loss) before reclassifications	—			(16,796		)	(44		)	(16,840		)
Income tax	—			—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—			(16,796		)	(44		)	(16,840		)
Amounts reclassified from accumulated other comprehensive income (loss)	189			—			(145		)	44
Income tax	(57		)	—			56			(1		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	132			—			(89		)	43
Other comprehensive income (loss)	132			(16,796		)	(133		)	(16,797		)
Accumulated other comprehensive income (loss), September 30, 2014	$	(6,128	)	$	(1,007	)	$	28		$	(7,107	)
Accumulated other comprehensive income (loss), June 30, 2013	$	(9,901	)	$	3,605		$	138		$	(6,158	)
Other comprehensive income (loss) before reclassifications	—			9,412			14			9,426
Income tax	—			(1,072		)	—			(1,072		)
Other comprehensive income (loss) before reclassifications, net of tax	—			8,340			14			8,354
Amounts reclassified from accumulated other comprehensive income (loss)	342			—			(21		)	321
Income tax	(134		)	—			8			(126		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	208			—			(13		)	195
Other comprehensive income (loss)	208			8,340			1			8,549
Accumulated other comprehensive income (loss), September 30, 2013	$	(9,693	)	$	11,945		$	139		$	2,391

	Defined Benefit Pension Plans			Currency Translation Adjustments			Other			Total
Accumulated other comprehensive income (loss), December 31, 2013	$	(6,479	)	$	15,892		$	155		$	9,568
Other comprehensive income (loss) before reclassifications	—			(16,899		)	(14		)	(16,913		)
Income tax	—			—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—			(16,899		)	(14		)	(16,913		)
Amounts reclassified from accumulated other comprehensive income (loss)	596			—			(185		)	411
Income tax	(245		)	—			72			(173		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	351			—			(113		)	238
Other comprehensive income (loss)	351			(16,899		)	(127		)	(16,675		)
Accumulated other comprehensive income (loss), September 30, 2014	$	(6,128	)	$	(1,007	)	$	28		$	(7,107	)
Accumulated other comprehensive income (loss), December 31, 2012	$	(10,318	)	$	9,749		$	163		$	(406	)
Other comprehensive income (loss) before reclassifications	—			2,729			14			2,743
Income tax	—			(533		)	—			(533		)
Other comprehensive income (loss) before reclassifications, net of tax	—			2,196			14			2,210
Amounts reclassified from accumulated other comprehensive income (loss)	1,025			—			(62		)	963
Income tax	(400		)	—			24			(376		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	625			—			(38		)	587
Other comprehensive income (loss)	625			2,196			(24		)	2,797
Accumulated other comprehensive income (loss), September 30, 2013	$	(9,693	)	$	11,945		$	139		$	2,391

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Exit and Realignment Costs - Additional Information (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Restructuring Cost and Reserve [Line Items]
Exit and realignment charges	$ 9,392	$ 2,091	$ 16,119	$ 3,847
Domestic Segment
Restructuring Cost and Reserve [Line Items]
Exit and realignment charges	4,654	1,856	8,250	3,162
International Segment
Restructuring Cost and Reserve [Line Items]
Exit and realignment charges	$ 4,738	$ 235	$ 7,869	$ 685

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Financial Information by Segment (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenue	$ 2,386,126	$ 2,270,547	$ 6,948,365	$ 6,753,008
Operating earnings (loss):	35,377	49,215	118,763	147,150
Acquisition-related and exit and realignment charges	(13,957)	(2,747)	(24,813)	(5,395)
Depreciation and amortization	13,841	12,441	41,597	37,347
Capital expenditures	15,334	14,458	54,157	45,505
Domestic
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenue	2,262,081	2,175,663	6,598,531	6,474,069
Operating earnings (loss):	50,797	51,213	151,849	155,364
Depreciation and amortization	8,986	8,805	26,772	26,775
Capital expenditures	11,077	10,032	40,110	34,506
International
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenue	124,045	94,884	349,834	278,939
Operating earnings (loss):	(1,463)	749	(8,273)	(2,819)
Depreciation and amortization	4,855	3,636	14,825	10,572
Capital expenditures	$ 4,257	$ 4,426	$ 14,047	$ 10,999

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Consolidated Statements of Income (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Income Statement [Abstract]
Net revenue	$ 2,386,126	$ 2,270,547	$ 6,948,365	$ 6,753,008
Cost of goods sold	2,093,643	1,997,218	6,092,413	5,927,196
Gross margin	292,483	273,329	855,952	825,812
Selling, general and administrative expenses	231,377	211,344	682,825	641,613
Acquisition-related and exit and realignment charges	13,957	2,747	24,813	5,395
Depreciation and amortization	13,841	12,441	41,597	37,347
Other operating income, net	(2,069)	(2,418)	(12,046)	(5,693)
Operating earnings	35,377	49,215	118,763	147,150
Interest expense, net	4,304	3,389	10,893	9,835
Loss on early retirement of debt	14,890	0	14,890	0
Income before income taxes	16,183	45,826	92,980	137,315
Income tax provision	9,028	17,856	40,464	54,374
Net income	$ 7,155	$ 27,970	$ 52,516	$ 82,941
Net income per common share:
Basic (in usd per share)	$ 0.11	$ 0.44	$ 0.84	$ 1.31
Diluted (in usd per share)	$ 0.11	$ 0.44	$ 0.84	$ 1.31
Cash dividends in USD per common share	$ 0.25	$ 0.24	$ 0.75	$ 0.72

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Debt (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Debt Instrument [Line Items]
Less current maturities	$ (202,401)	$ (2,428)
Carrying Amount [Member]
Debt Instrument [Line Items]
Total debt	766,283	216,243
Less current maturities	(202,401)	(2,428)
Long-term debt	563,882	213,815
Estimated Fair Value [Member]
Debt Instrument [Line Items]
Total debt	787,345	230,965
Less current maturities	(219,753)	(2,428)
Long-term debt	567,592	228,537
Senior Notes [Member] | Carrying Amount [Member] | 6.35% Senior Notes [Member]
Debt Instrument [Line Items]
Total debt	200,000	204,028
Senior Notes [Member] | Carrying Amount [Member] | 3.875% Senior Notes [Member]
Debt Instrument [Line Items]
Total debt	273,732	0
Senior Notes [Member] | Carrying Amount [Member] | 4.375% Senior Notes [Member]
Debt Instrument [Line Items]
Total debt	273,961	0
Senior Notes [Member] | Estimated Fair Value [Member] | 6.35% Senior Notes [Member]
Debt Instrument [Line Items]
Total debt	217,352	218,750
Senior Notes [Member] | Estimated Fair Value [Member] | 3.875% Senior Notes [Member]
Debt Instrument [Line Items]
Total debt	274,973	0
Senior Notes [Member] | Estimated Fair Value [Member] | 4.375% Senior Notes [Member]
Debt Instrument [Line Items]
Total debt	276,430	0
Capital Leases [Member] | Carrying Amount [Member]
Debt Instrument [Line Items]
Total debt	18,590	12,215
Capital Leases [Member] | Estimated Fair Value [Member]
Debt Instrument [Line Items]
Total debt	$ 18,590	$ 12,215

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Consolidated Balance Sheets (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]
Accounts and notes receivable, allowances	$ 15,067	$ 15,030
Property and equipment, accumulated depreciation	$ 157,331	$ 137,526
Preferred stock, par value (dollars per share)	$ 100	$ 100
Preferred stock, authorized	10,000,000	10,000,000
Preferred stock, issued	0	0
Common stock, par value (in dollars per share)	$ 2	$ 2
Common stock, authorized	200,000,000	200,000,000
Common stock, issued	63,080,000	63,096,000
Common stock, outstanding	63,080,000	63,096,000

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Subsequent Events (Details) (Subsequent Event [Member], USD $) In Millions, except Per Share data, unless otherwise specified	0 Months Ended
	Oct. 01, 2014 Medical Action Industries, Inc. [Member]	Oct. 01, 2014 Medical Action Industries, Inc. [Member]	Oct. 16, 2014 Senior Notes [Member] 6.35% Senior Notes [Member]
Business Acquisition [Line Items]
Acquisition price per share		$ 13.80
Total transaction value	$ 207
Notes redeemed			$ 217

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Basis of Presentation and Use of Estimates (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2013
Net Revenue
Summary Of Significant Accounting Policies [Line Items]
Prior Period Reclassification Adjustment	$ 34.1	$ 94.0
Cost of Goods Sold
Summary Of Significant Accounting Policies [Line Items]
Prior Period Reclassification Adjustment	$ 34.1	$ 94.0

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Segment Information

9 Months Ended

Sep. 30, 2014

Segment Reporting [Abstract]

Segment Information

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   September 30,						Nine Months Ended   September 30,
	2014			2013			2014			2013
Net revenue:
Domestic	$	2,262,081		$	2,175,663		$	6,598,531		$	6,474,069
International	124,045			94,884			349,834			278,939
Consolidated net revenue	$	2,386,126		$	2,270,547		$	6,948,365		$	6,753,008
Operating earnings (loss):
Domestic	$	50,797		$	51,213		$	151,849		$	155,364
International	(1,463		)	749			(8,273		)	(2,819		)
Acquisition-related and exit and realignment charges	(13,957		)	(2,747		)	(24,813		)	(5,395		)
Consolidated operating earnings	$	35,377		$	49,215		$	118,763		$	147,150
Depreciation and amortization:
Domestic	$	8,986		$	8,805		$	26,772		$	26,775
International	4,855			3,636			14,825			10,572
Consolidated depreciation and amortization	$	13,841		$	12,441		$	41,597		$	37,347
Capital expenditures:
Domestic	$	11,077		$	10,032		$	40,110		$	34,506
International	4,257			4,426			14,047			10,999
Consolidated capital expenditures	$	15,334		$	14,458		$	54,157		$	45,505

	September 30, 2014		December 31, 2013
Total assets:
Domestic	$	1,834,169	$	1,747,572
International	499,582		474,565
Segment assets	2,333,751		2,222,137
Cash and cash equivalents	610,147		101,905
Consolidated total assets	$	2,943,898	$	2,324,042

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Financing Receivables and Payables - Additional Information (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Financing Receivables [Line Items]
Other liabilities	$ 315,581,000	$ 277,970,000
Financing Receivable
Financing Receivables [Line Items]
Other current assets	186,800,000	198,500,000
Financing Payables
Financing Receivables [Line Items]
Other liabilities	$ 163,400,000	$ 165,300,000

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Recent Accounting Pronouncements

9 Months Ended

Sep. 30, 2014

Accounting Changes and Error Corrections [Abstract]

Recent Accounting Pronouncements

Recent Accounting Pronouncements

There has been no change in our significant accounting policies from those contained in our Annual Report on Form 10-K for the year ended December 31, 2013.

We adopted an Accounting Standard Update (ASU) issued by the Financial Accounting Standards Board (FASB) for presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The adoption of this guidance did not have an impact on our financial position or results of operations.

On May 28, 2014, the FASB issued an ASU, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective on January 1, 2017. Early application is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. We are evaluating the effect that the ASU will have on our consolidated financial statements and related disclosures. We have not yet selected a transition method nor have we determined the effect of the standard on our ongoing financial reporting.

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Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Statement of Cash Flows [Abstract]
Net income	$ 52,516	$ 82,941
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	41,597	37,347
Loss on early retirement of debt	14,890	0
Share-based compensation expense	6,136	5,162
Provision for losses on accounts and notes receivable	(356)	179
Deferred income tax (benefit) expense	(7,387)	8,424
Changes in operating assets and liabilities:
Accounts and notes receivable	(21,456)	(20,703)
Merchandise inventories	(63,883)	(23,690)
Accounts payable	54,634	93,950
Net change in other assets and liabilities	3,131	(21,285)
Other, net	1,322	(1,159)
Cash provided by operating activities	81,144	161,166
Investing activities:
Additions to property and equipment	(36,169)	(25,144)
Additions to computer software and intangible assets	(17,988)	(20,361)
Proceeds from sale of investment	1,937	0
Proceeds from sale of property and equipment	151	2,020
Cash used for investing activities	(52,069)	(43,485)
Financing activities:
Long-term debt borrowings	547,693	0
Cash dividends paid	(47,335)	(45,587)
Repurchases of common stock	(9,934)	(15,701)
Excess tax benefits related to share-based compensation	514	733
Proceeds from exercise of stock options	1,180	4,821
Purchase of noncontrolling interest	(1,500)	0
Debt issuance costs	(4,178)	0
Other, net	(5,671)	(6,769)
Cash provided by (used for) financing activities	480,769	(62,503)
Effect of exchange rate changes on cash and cash equivalents	(1,602)	723
Net increase in cash and cash equivalents	508,242	55,901
Cash and cash equivalents at beginning of period	101,905	97,888
Cash and cash equivalents at end of period	610,147	153,789
Supplemental disclosure of cash flow information:
Income taxes paid, net	65,140	51,567
Interest paid	$ 8,417	$ 7,926

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Consolidated Statements of Comprehensive Income (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement of Comprehensive Income [Abstract]
Net income	$ 7,155	$ 27,970	$ 52,516	$ 82,941
Other comprehensive income (loss), net of tax:
Currency translation adjustments (net of income tax of $0 in 2014 and $1,072 and $533 in 2013)	(16,796)	8,340	(16,899)	2,196
Change in unrecognized net periodic pension costs (net of income tax of $57 and $245 in 2014 and $134 and $400 in 2013)	132	208	351	625
Other (net of income tax of $56 and $72 in 2014 and $8 and $24 in 2013)	(133)	1	(127)	(24)
Total other comprehensive income (loss), net of tax	(16,797)	8,549	(16,675)	2,797
Comprehensive income (loss)	$ (9,642)	$ 36,519	$ 35,841	$ 85,738

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Income Taxes

9 Months Ended

Sep. 30, 2014

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

The effective tax rate was 55.8% and 43.5% for the three and nine months ended September 30, 2014, compared to 39.0% and 39.6% in the same periods of 2013. The change in rate is mainly due to the impact of foreign taxes and the effect of certain acquisition-related costs which are not deductible for tax purposes. The liability for unrecognized tax benefits was $5.0 million at September 30, 2014, and $4.6 million at December 31, 2013. Included in the liability at September 30, 2014 were $3.8 million of tax positions for which ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility.

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Document and Entity Information	9 Months Ended
	Sep. 30, 2014	Oct. 24, 2014
Document And Entity Information [Abstract]
Entity Registrant Name	OWENS & MINOR INC/VA/
Entity Central Index Key	0000075252
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Sep. 30, 2014
Trading Symbol	OMI
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		63,079,623

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Net Income per Common Share

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Net Income per Common Share

Net Income per Common Share

The following summarizes the calculation of net income per common share attributable to common shareholders for the three and nine months ended September 30, 2014 and 2013.

	Three Months Ended   September 30,						Nine Months Ended   September 30,
(in thousands, except per share data)	2014			2013			2014			2013
Numerator:
Net income	$	7,155		$	27,970		$	52,516		$	82,941
Less: income allocated to unvested restricted shares	(150		)	(186		)	(453		)	(541		)
Net income attributable to common shareholders - basic	7,005			27,784			52,063			82,400
Add: undistributed income attributable to unvested restricted shares - basic	—			59			26			185
Less: undistributed income attributable to unvested restricted shares - diluted	—			(59		)	(26		)	(185		)
Net income attributable to common shareholders - diluted	$	7,005		$	27,784		$	52,063		$	82,400
Denominator:
Weighted average shares outstanding - basic	62,175			62,605			62,238			62,678
Dilutive shares - stock options	4			26			7			41
Weighted average shares outstanding - diluted	62,179			62,631			62,245			62,719
Net income per share attributable to common shareholders:
Basic	$	0.11		$	0.44		$	0.84		$	1.31
Diluted	$	0.11		$	0.44		$	0.84		$	1.31

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Consolidated Statements of Comprehensive Income (Parenthetical) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement of Comprehensive Income [Abstract]
Currency translation adjustments, income tax expense	$ 0	$ 1,072	$ 0	$ 533
Change in unrecognized net periodic pension costs, income tax benefit	57	134	245	400
Other, income tax expense	$ 56	$ 8	$ 72	$ 24

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Financing Receivables and Payables

9 Months Ended

Sep. 30, 2014

Receivables [Abstract]

Financing Receivables and Payables

Financing Receivables and Payables

At September 30, 2014 and December 31, 2013, we had financing receivables of $186.8 million and $198.5 million and related payables of $163.4 million and $165.3 million outstanding under our order-to-cash program and product financing arrangements, which were included in other current assets and other current liabilities, respectively, in the consolidated balance sheets.

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Fair Value

9 Months Ended

Sep. 30, 2014

Fair Value Disclosures [Abstract]

Fair Value

Fair Value

The carrying amounts of cash and cash equivalents, accounts receivable, financing receivables, accounts payable and financing payables included in the consolidated balance sheets approximate fair value due to the short-term nature of these instruments. The fair value of long-term debt is estimated based on quoted market prices or dealer quotes for the identical liability when traded as an asset in an active market (Level 1) or, if quoted market prices or dealer quotes are not available, on the borrowing rates currently available for loans with similar terms, credit ratings and average remaining maturities (Level 2). See Note 7 for the fair value of long-term debt.

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Condensed Consolidating Financial Information

9 Months Ended

Sep. 30, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Consolidating Financial Information

Condensed Consolidating Financial Information

The following tables present condensed consolidating financial information for: Owens & Minor, Inc. (O&M); the guarantors of Owens & Minor, Inc.’s 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 September 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	2,261,448		$	141,086		$	(16,408	)	$	2,386,126
Cost of goods sold	—			2,047,328			62,850			(16,535		)	2,093,643
Gross margin	—			214,120			78,236			127			292,483
Selling, general and administrative expenses	25			155,950			75,402			—			231,377
Acquisition-related and exit and realignment charges	—			7,893			6,064			—			13,957
Depreciation and amortization	—			8,966			4,875			—			13,841
Other operating income, net	—			(1,167		)	(1,235		)	333			(2,069		)
Operating earnings (loss)	(25		)	42,478			(6,870		)	(206		)	35,377
Interest expense (income), net	3,925			1,002			(623		)	—			4,304
Loss on early retirement of debt	14,890			—			—			—			14,890
Income (loss) before income taxes	(18,840		)	41,476			(6,247		)	(206		)	16,183
Income tax (benefit) provision	(7,144		)	16,463			(291		)	—			9,028
Equity in earnings of subsidiaries	18,851			—			—			(18,851		)	—
Net income (loss)	7,155			25,013			(5,956		)	(19,057		)	7,155
Other comprehensive income (loss)	(16,797		)	131			(16,795		)	16,664			(16,797		)
Comprehensive income (loss)	$	(9,642	)	$	25,144		$	(22,751	)	$	(2,393	)	$	(9,642	)

Three Months Ended September 30, 2013	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	2,175,663		$	106,784		$	(11,900	)	$	2,270,547
Cost of goods sold	—			1,965,696			43,238			(11,716		)	1,997,218
Gross margin	—			209,967			63,546			(184		)	273,329
Selling, general and administrative expenses	264			151,107			59,973			—			211,344
Acquisition-related and exit and realignment charges	—			1,856			891			—			2,747
Depreciation and amortization	3			8,780			3,658			—			12,441
Other operating income, net	—			(1,454		)	(964		)	—			(2,418		)
Operating earnings (loss)	(267		)	49,678			(12		)	(184		)	49,215
Interest expense (income), net	5,791			(2,364		)	(38		)	—			3,389
Income (loss) before income taxes	(6,058		)	52,042			26			(184		)	45,826
Income tax (benefit) provision	(2,319		)	20,694			(519		)	—			17,856
Equity in earnings of subsidiaries	31,709			—			—			(31,709		)	—
Net income (loss)	27,970			31,348			545			(31,893		)	27,970
Other comprehensive income (loss)	8,549			207			8,341			(8,548		)	8,549
Comprehensive income (loss)	$	36,519		$	31,555		$	8,886		$	(40,441	)	$	36,519

Nine Months Ended September 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	6,596,941		$	398,646		$	(47,222	)	$	6,948,365
Cost of goods sold	—			5,965,607			173,747			(46,941		)	6,092,413
Gross margin	—			631,334			224,899			(281		)	855,952
Selling, general and administrative expenses	36			462,325			220,464			—			682,825
Acquisition-related and exit and realignment charges	—			13,074			11,739			—			24,813
Depreciation and amortization	2			26,703			14,892			—			41,597
Other operating income, net	—			(9,043		)	(3,336		)	333			(12,046		)
Operating earnings (loss)	(38		)	138,275			(18,860		)	(614		)	118,763
Interest expense (income), net	9,328			3,502			(1,937		)	—			10,893
Loss on early retirement of debt	14,890			—			—			—			14,890
Income (loss) before income taxes	(24,256		)	134,773			(16,923		)	(614		)	92,980
Income tax (benefit) provision	(9,299		)	53,989			(4,226		)	—			40,464
Equity in earnings of subsidiaries	67,473			—			—			(67,473		)	—
Net income (loss)	52,516			80,784			(12,697		)	(68,087		)	52,516
Other comprehensive income (loss)	(16,675		)	350			(16,898		)	16,548			(16,675		)
Comprehensive income (loss)	$	35,841		$	81,134		$	(29,595	)	$	(51,539	)	$	35,841

Nine Months Ended September 30, 2013	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	6,473,954		$	313,023		$	(33,969	)	$	6,753,008
Cost of goods sold	—			5,833,900			126,720			(33,424		)	5,927,196
Gross margin	—			640,054			186,303			(545		)	825,812
Selling, general and administrative expenses	1,138			459,780			180,695			—			641,613
Acquisition-related and exit and realignment charges	—			3,116			2,279			—			5,395
Depreciation and amortization	10			26,705			10,632			—			37,347
Other operating income, net	—			(3,597		)	(2,096		)	—			(5,693		)
Operating earnings (loss)	(1,148		)	154,050			(5,207		)	(545		)	147,150
Interest expense (income), net	15,340			(5,096		)	(409		)	—			9,835
Income (loss) before income taxes	(16,488		)	159,146			(4,798		)	(545		)	137,315
Income tax (benefit) provision	(6,327		)	62,758			(2,057		)	—			54,374
Equity in earnings of subsidiaries	93,102			—			—			(93,102		)	—
Net income (loss)	82,941			96,388			(2,741		)	(93,647		)	82,941
Other comprehensive income (loss)	2,797			623			2,195			(2,818		)	2,797
Comprehensive income (loss)	$	85,738		$	97,011		$	(546	)	$	(96,465	)	$	85,738

September 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non- guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	563,559		$	32,924		$	13,664		$	—		$	610,147
Accounts and notes receivable, net	—			496,444			97,325			(3,629		)	590,140
Merchandise inventories	—			804,409			31,811			(1,744		)	834,476
Other current assets	253			91,582			204,901			(1,295		)	295,441
Total current assets	563,812			1,425,359			347,701			(6,668		)	2,330,204
Property and equipment, net	—			105,689			98,266			—			203,955
Goodwill	—			247,271			27,262			—			274,533
Intangible assets, net	—			16,323			20,134			—			36,457
Due from O&M and subsidiaries	—			409,280			—			(409,280		)	—
Advances to and investment in consolidated subsidiaries	1,587,331			—			—			(1,587,331		)	—
Other assets, net	4,178			68,606			25,965			—			98,749
Total assets	$	2,155,321		$	2,272,528		$	519,328		$	(2,003,279	)	$	2,943,898
Liabilities and equity
Current liabilities
Current portion of long-term debt	$	200,000		$	2,401		$	—		$	—		$	202,401
Accounts payable	6			649,274			46,965			(3,629		)	692,616
Accrued payroll and related liabilities	—			17,033			11,676			—			28,709
Deferred income taxes	—			39,277			129			—			39,406
Other accrued liabilities	26,776			98,147			192,150			(1,492		)	315,581
Total current liabilities	226,782			806,132			250,920			(5,121		)	1,278,713
Long-term debt, excluding current portion	547,765			6,517			9,600			—			563,882
Due to O&M and subsidiaries	373,250			—			36,002			(409,252		)	—
Intercompany debt	—			138,890			—			(138,890		)	—
Deferred income taxes	—			31,158			10,567			—			41,725
Other liabilities	—			48,179			3,875			—			52,054
Total liabilities	1,147,797			1,030,876			310,964			(553,263		)	1,936,374
Equity
Common stock	126,159			—			1,500			(1,500		)	126,159
Paid-in capital	200,961			241,878			261,519			(503,397		)	200,961
Retained earnings (deficit)	687,511			1,006,001			(53,775		)	(952,226		)	687,511
Accumulated other comprehensive income (loss)	(7,107		)	(6,227		)	(880		)	7,107			(7,107		)
Total equity	1,007,524			1,241,652			208,364			(1,450,016		)	1,007,524
Total liabilities and equity	$	2,155,321		$	2,272,528		$	519,328		$	(2,003,279	)	$	2,943,898

December 31, 2013	Owens & Minor, Inc.		Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	74,391	$	2,012		$	25,502		$	—		$	101,905
Accounts and notes receivable, net	—		496,310			79,722			(3,178		)	572,854
Merchandise inventories	—		750,999			22,128			(1,464		)	771,663
Other current assets	201		72,049			207,058			202			279,510
Total current assets	74,592		1,321,370			334,410			(4,440		)	1,725,932
Property and equipment, net	2		96,500			95,459			—			191,961
Goodwill	—		247,271			28,168			—			275,439
Intangible assets, net	—		17,881			22,525			—			40,406
Due from O&M and subsidiaries	—		377,786			—			(377,786		)	—
Advances to and investments in consolidated subsidiaries	1,533,294		—			—			(1,533,294		)	—
Other assets, net	408		63,848			26,048			—			90,304
Total assets	$	1,608,296	$	2,124,656		$	506,610		$	(1,915,520	)	$	2,324,042
Liabilities and equity
Current liabilities
Current portion of long-term debt	$	—	$	2,428		$	—		$	—		$	2,428
Accounts payable	—		595,865			51,185			(3,178		)	643,872
Accrued payroll and related liabilities	—		12,792			10,504			—			23,296
Deferred income taxes	—		41,464			149			—			41,613
Other accrued liabilities	6,811		85,367			185,792			—			277,970
Total current liabilities	6,811		737,916			247,630			(3,178		)	989,179
Long-term debt, excluding current portion	204,028		7,228			2,559			—			213,815
Due to O&M and subsidiaries	373,544		—			2,910			(376,454		)	—
Intercompany debt	—		138,890			—			(138,890		)	—
Deferred income taxes	—		32,173			11,554			—			43,727
Other liabilities	—		47,816			4,462			—			52,278
Total liabilities	584,383		964,023			269,115			(518,522		)	1,298,999
Equity												—
Common stock	126,193		—			1,500			(1,500		)	126,193
Paid-in capital	196,605		242,024			259,864			(501,888		)	196,605
Retained earnings (deficit)	691,547		925,184			(41,029		)	(884,155		)	691,547
Accumulated other comprehensive income (loss)	9,568		(6,575		)	16,030			(9,455		)	9,568
Total Owens & Minor, Inc. shareholders’ equity	1,023,913		1,160,633			236,365			(1,396,998		)	1,023,913
Noncontrolling interest	—		—			1,130			—			1,130
Total equity	1,023,913		1,160,633			237,495			(1,396,998		)	1,025,043
Total liabilities and equity	$	1,608,296	$	2,124,656		$	506,610		$	(1,915,520	)	$	2,324,042

Nine Months Ended September 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Cash Flows
Operating activities:
Net income (loss)	$	52,516		$	80,784		$	(12,697	)	$	(68,087	)	$	52,516
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	(67,473		)	—			—			67,473			—
Depreciation and amortization	2			26,703			14,892			—			41,597
Loss on early retirement of debt	14,890			—			—			—			14,890
Share-based compensation expense	—			6,136			—			—			6,136
Provision for losses on accounts and notes receivable	—			146			(502		)	—			(356		)
Deferred income tax expense (benefit)	—			(3,470		)	(3,917		)	—			(7,387		)
Changes in operating assets and liabilities:
Accounts and notes receivable	—			(280		)	(21,628		)	452			(21,456		)
Merchandise inventories	—			(53,410		)	(10,752		)	279			(63,883		)
Accounts payable	6			53,409			174			1,045			54,634
Net change in other assets and liabilities	2,562			(1,907		)	3,638			(1,162		)	3,131
Other, net	(1,162		)	(98		)	2,582			—			1,322
Cash provided by (used for) operating activities	1,341			108,013			(28,210		)	—			81,144
Investing activities:
Additions to property and equipment	—			(24,662		)	(11,507		)	—			(36,169		)
Additions to computer software and intangible assets	—			(15,448		)	(2,540		)	—			(17,988		)
Proceeds from the sale of investment	—			1,937			—			—			1,937
Proceeds from the sale of property and equipment	—			137			14			—			151
Cash used for investing activities	—			(38,036		)	(14,033		)	—			(52,069		)
Financing activities:
Long-term borrowings	547,693			—			—			—			547,693
Change in intercompany advances	2,024			(36,874		)	34,850			—			—
Cash dividends paid	(47,335		)	—			—			—			(47,335		)
Repurchases of common stock	(9,934		)	—			—			—			(9,934		)
Excess tax benefits related to share-based compensation	514			—			—			—			514
Proceeds from exercise of stock options	1,180			—			—			—			1,180
Purchase of noncontrolling interest	—			—			(1,500		)	—			(1,500		)
Debt issuance costs	(4,178		)	—			—			—			(4,178		)
Other, net	(2,137		)	(2,191		)	(1,343		)	—			(5,671		)
Cash provided by (used for) financing activities	487,827			(39,065		)	32,007			—			480,769
Effect of exchange rate changes on cash and cashequivalents	—			—			(1,602		)	—			(1,602		)
Net increase (decrease) in cash and cash equivalents	489,168			30,912			(11,838		)	—			508,242
Cash and cash equivalents at beginning of period	74,391			2,012			25,502			—			101,905
Cash and cash equivalents at end of period	$	563,559		$	32,924		$	13,664		$	—		$	610,147

Nine Months Ended September 30, 2013	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Cash Flows
Operating activities:
Net income (loss)	$	82,941		$	96,388		$	(2,741	)	$	(93,647	)	$	82,941
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	(93,102		)	—			—			93,102			—
Depreciation and amortization	10			26,705			10,632			—			37,347
Share-based compensation expense	—			5,162			—			—			5,162
Provision for losses on accounts and notes receivable	—			110			69			—			179
Deferred income tax expense	—			11,649			(3,225		)	—			8,424
Changes in operating assets and liabilities:													—
Accounts and notes receivable	—			449			(18,493		)	(2,659		)	(20,703		)
Merchandise inventories	—			(15,068		)	(9,166		)	544			(23,690		)
Accounts payable	—			79,994			11,296			2,660			93,950
Net change in other assets and liabilities	5,264			(21,493		)	(5,056		)	—			(21,285		)
Other, net	972			466			(2,597		)	—			(1,159		)
Cash provided by (used for) operating activities	(3,915		)	184,362			(19,281		)	—			161,166
Investing activities:
Additions to property and equipment	—			(18,972		)	(6,172		)	—			(25,144		)
Additions to computer software and intangible assets	—			(15,534		)	(4,827		)	—			(20,361		)
Proceeds from the sale of property and equipment	—			1,829			191			—			2,020
Cash used for investing activities	—			(32,677		)	(10,808		)	—			(43,485		)
Financing activities:
Change in intercompany advances	114,145			(148,109		)	33,964			—			—
Cash dividends paid	(45,587		)	—			—			—			(45,587		)
Repurchases of common stock	(15,701		)	—			—			—			(15,701		)
Excess tax benefits related to share-based compensation	733			—			—			—			733
Proceeds from exercise of stock options	4,821			—			—			—			4,821
Other, net	(2,526		)	(1,999		)	(2,244		)	—			(6,769		)
Cash provided by (used for) financing activities	55,885			(150,108		)	31,720			—			(62,503		)
Effect of exchange rate changes on cash and cash equivalents	—			—			723			—			723
Net (decrease) increase in cash and cash equivalents	51,970			1,577			2,354			—			55,901
Cash and cash equivalents at beginning of period	58,190			13,641			26,057			—			97,888
Cash and cash equivalents at end of period	$	110,160		$	15,218		$	28,411		$	—		$	153,789

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Shareholders' Equity

9 Months Ended

Sep. 30, 2014

Equity [Abstract]

Shareholders' Equity

Shareholders’ Equity

In February 2014, our Board of Directors authorized a share repurchase program of up to $100 million of our outstanding common stock to be executed at the discretion of management over a three-year period, expiring in February 2017. The program is intended, in part, to offset shares issued in conjunction with our stock incentive plans and return capital to shareholders. The program may be suspended or discontinued at any time. During the nine months ended September 30, 2014, we repurchased in open-market transactions and retired approximately 0.3 million shares of our common stock for an aggregate of $9.9 million, or an average price per share of $34.31. As of September 30, 2014, we have approximately $90.1 million remaining under the repurchase program. We have elected to allocate any excess of share repurchase price over par value to retained earnings.

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Retirement Plan

9 Months Ended

Sep. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Retirement Plan

Retirement Plan

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

The components of net periodic benefit cost, which are included in selling, general and administrative expenses, for the three and nine months ended September 30, 2014 and 2013, were as follows:

	Three Months Ended   September 30,				Nine Months Ended   September 30,
	2014		2013		2014		2013
Service cost	$	60	$	24	$	136	$	89
Interest cost	482		414		1,446		1,241
Recognized net actuarial loss	204		341		612		1,024
Net periodic benefit cost	$	746	$	779	$	2,194	$	2,354

Certain of our foreign subsidiaries have health and welfare plans covering substantially all of their respective employees. Our expense for these plans totaled $0.5 million and $0.2 million for the three months ended September 30, 2014 and 2013 and $1.4 million and $0.7 million for the nine months ended September 30, 2014 and 2013.

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Goodwill and Intangible Assets

9 Months Ended

Sep. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

The following table summarizes the changes in the carrying amount of goodwill through September 30, 2014:

	Domestic Segment		International Segment			Total
Carrying amount of goodwill, December 31, 2013	$	248,498	$	26,941		$	275,439
Currency translation adjustments	—		(906		)	(906		)
Carrying amount of goodwill, September 30, 2014	$	248,498	$	26,035		$	274,533

Intangible assets at September 30, 2014, and December 31, 2013, were as follows:

	September 30, 2014						December 31, 2013
	Customer Relationships			Other Intangibles			Customer Relationships			Other Intangibles
Gross intangible assets	$	50,995		$	3,805		$	51,544		$	3,933
Accumulated amortization	(17,706		)	(636		)	(14,281		)	(790		)
Net intangible assets	$	33,289		$	3,169		$	37,263		$	3,143

At September 30, 2014, $16.3 million in net intangible assets were held in the Domestic segment and $20.1 million were held in the International segment. Amortization expense for intangible assets was $1.1 million and $0.7 million for the three months ended September 30, 2014 and 2013 and $3.4 million and $2.7 million for the nine months ended September 30, 2014 and 2013.

Based on the current carrying value of intangible assets subject to amortization, estimated amortization expense is $1.1 million for the remainder of 2014, $4.9 million for 2015, $5.0 million for 2016, $4.8 million for 2017, $4.1 million for 2018 and $3.9 million for 2019.

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Exit and Realignment Costs

9 Months Ended

Sep. 30, 2014

Restructuring and Related Activities [Abstract]

Exit and Realignment Costs

Exit and Realignment Costs

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

Exit and realignment charges by segment for the three and nine month periods ended September 30, 2014 and 2013 were as follows:

	Three Months Ended   September 30,				Nine Months Ended   September 30,
	2014		2013		2014		2013
Domestic segment	$	4,654	$	1,856	$	8,250	$	3,162
International segment	4,738		235		7,869		685
Total exit and realignment charges	$	9,392	$	2,091	$	16,119	$	3,847

The following table summarizes the activity related to exit and realignment cost accruals through September 30, 2014 and 2013:

	Lease Obligations			Severance			Total
Accrued exit and realignment costs, December 31, 2013	$	2,434		$	475		$	2,909
Provision for exit and realignment activities	532			807			1,339
Cash payments, net of sublease income	(411		)	(327		)	(738		)
Accrued exit and realignment costs, March 31, 2014	2,555			955			3,510
Provision for exit and realignment activities	6			2,236			2,242
Cash payments, net of sublease income	(383		)	(1,095		)	(1,478		)
Accrued exit and realignment costs, June 30, 2014	2,178			2,096			4,274
Provision for exit and realignment activities	912			2,215			3,127
Cash payments, net of sublease income	(867		)	(460		)	(1,327		)
Accrued exit and realignment costs, September 30, 2014	$	2,223		$	3,851		$	6,074
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	(4,844		)	(147		)	(4,991		)
Accrued exit and realignment costs, March 31, 2013	792			972			1,764
Cash payments, net of sublease income	(118		)	(137		)	(255		)
Accrued exit and realignment costs, June 30, 2013	674			835			1,509
Provision for exit and realignment activities	648			76			724
Change in estimate	—			(79		)	(79		)
Cash payments, net of sublease income	(463		)	(105		)	(568		)
Accrued exit and realignment costs, September 30, 2013	$	859		$	727		$	1,586

In addition to the exit and realignment accruals in the preceding table, we also incurred $6.3 million and $9.4 million of costs that were expensed as incurred for the three and nine months ended September 30, 2014, including $3.1 million and $4.3 million in other facility costs and asset write-downs, $0.6 million and $1.4 million in labor costs, $1.2 million and $1.3 million in professional fees, $0.7 million and $0.9 million in information systems costs and $0.7 million and $1.5 million in other costs.

We incurred $1.4 million and $2.5 million of costs that were expensed as incurred for the three and nine months ended September 30, 2013, including $0.7 million and $1.4 million in staff and labor costs and $0.7 million and $1.1 million in other facility costs and asset write-downs.

We expect additional charges of approximately $12.0 million over the remainder of 2014 for activities initiated in the Domestic and International segments through September 30, 2014.

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Debt

9 Months Ended

Sep. 30, 2014

Debt Disclosure [Abstract]

Debt

Debt

Debt consists of the following:

	September 30, 2014						December 31, 2013
	Carrying Amount			Estimated Fair Value			Carrying Amount			Estimated Fair Value
6.35% Senior Notes, $200 million par value, maturing April 2016	$	200,000		$	217,352		$	204,028		$	218,750
3.875% Senior Notes, $275 million par value, maturing September 2021	273,732			274,973			—			—
4.375% Senior Notes, $275 million par value, maturing December 2024	273,961			276,430			—			—
Capital leases	18,590			18,590			12,215			12,215
Total debt	766,283			787,345			216,243			230,965
Less current maturities	(202,401		)	(219,753		)	(2,428		)	(2,428		)
Long-term debt	$	563,882		$	567,592		$	213,815		$	228,537

On September 16, 2014, we issued $275 million of 3.875% senior notes due September 2021 (the “2021 Notes”) and $275 million of 4.375% senior notes due December 2024 (the “2024 Notes”). The 2021 Notes were sold at 99.5% of the principal amount with an effective yield of 3.951%. The 2024 Notes were sold at 99.6% of the principal with an effective yield of 4.422%. Interest on the 2021 Notes and 2024 Notes is payable semiannually in arrears, commencing on March 15, 2015 and December 15, 2014, respectively. We have the option to redeem the 2021 Notes and 2024 Notes in part or in whole prior to maturity at a redemption price equal to the greater of 100% of the principal amount or the present value of the remaining scheduled payments discounted at the Treasury Rate plus 25-30 basis points. We are deferring and amortizing over the respective terms $4.2 million in costs incurred through September 30, 2014 in connection with the issuance of the 2021 Notes and the 2024 Notes.

On October 16, 2014, we used a portion of the net proceeds from the 2021 Notes and the 2024 Notes to fund the early retirement of all of our $200 million of 6.35% senior notes due in 2016 (2016 Notes), which included the payment of a $17.4 million redemption premium. We recorded a net loss on the early retirement of our 2016 Notes of $14.9 million, which includes the redemption premium offset by the recognition of a gain on previously settled interest rate swaps. The 2016 Notes are reflected in current portion of long-term debt at September 30, 2014.

On September 17, 2014, we amended our existing Credit Agreement, increasing our borrowing capacity from $350 million to $450 million and extending the term through September 2019 (the Amended Credit Agreement). Under the Amended Credit Agreement, we have the ability to request twoone-year extensions and to request an increase in aggregate commitments by up to $200 million. The interest rate on the Amended Credit Agreement, which is subject to adjustment quarterly, is based on the London Interbank Offered Rate (LIBOR), the Federal Funds Rate or the Prime Rate, plus an adjustment based on the better of our debt ratings or leverage ratio (Credit Spread) as defined by the Amended Credit Agreement. We are charged a commitment fee of between 12.5 and 25.0 basis points on the unused portion of the facility. The terms of the Amended Credit Agreement limit the amount of indebtedness that we may incur and require us to maintain ratios for leverage and interest coverage, including on a pro forma basis in the event of an acquisition. At September 30, 2014, we had no borrowings and letters of credit of approximately $5.0 million outstanding under the Amended Credit Agreement, leaving $445.0 million available for borrowing. We also have a $1.3 million and $1.5 million letter of credit outstanding as of September 30, 2014 and December 31, 2013, which supports our facilities leased in Europe.

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Condensed Consolidating Financial Information (Tables)

9 Months Ended

Sep. 30, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Consolidating Statement Of Income

Three Months Ended September 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	2,261,448		$	141,086		$	(16,408	)	$	2,386,126
Cost of goods sold	—			2,047,328			62,850			(16,535		)	2,093,643
Gross margin	—			214,120			78,236			127			292,483
Selling, general and administrative expenses	25			155,950			75,402			—			231,377
Acquisition-related and exit and realignment charges	—			7,893			6,064			—			13,957
Depreciation and amortization	—			8,966			4,875			—			13,841
Other operating income, net	—			(1,167		)	(1,235		)	333			(2,069		)
Operating earnings (loss)	(25		)	42,478			(6,870		)	(206		)	35,377
Interest expense (income), net	3,925			1,002			(623		)	—			4,304
Loss on early retirement of debt	14,890			—			—			—			14,890
Income (loss) before income taxes	(18,840		)	41,476			(6,247		)	(206		)	16,183
Income tax (benefit) provision	(7,144		)	16,463			(291		)	—			9,028
Equity in earnings of subsidiaries	18,851			—			—			(18,851		)	—
Net income (loss)	7,155			25,013			(5,956		)	(19,057		)	7,155
Other comprehensive income (loss)	(16,797		)	131			(16,795		)	16,664			(16,797		)
Comprehensive income (loss)	$	(9,642	)	$	25,144		$	(22,751	)	$	(2,393	)	$	(9,642	)

Three Months Ended September 30, 2013	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	2,175,663		$	106,784		$	(11,900	)	$	2,270,547
Cost of goods sold	—			1,965,696			43,238			(11,716		)	1,997,218
Gross margin	—			209,967			63,546			(184		)	273,329
Selling, general and administrative expenses	264			151,107			59,973			—			211,344
Acquisition-related and exit and realignment charges	—			1,856			891			—			2,747
Depreciation and amortization	3			8,780			3,658			—			12,441
Other operating income, net	—			(1,454		)	(964		)	—			(2,418		)
Operating earnings (loss)	(267		)	49,678			(12		)	(184		)	49,215
Interest expense (income), net	5,791			(2,364		)	(38		)	—			3,389
Income (loss) before income taxes	(6,058		)	52,042			26			(184		)	45,826
Income tax (benefit) provision	(2,319		)	20,694			(519		)	—			17,856
Equity in earnings of subsidiaries	31,709			—			—			(31,709		)	—
Net income (loss)	27,970			31,348			545			(31,893		)	27,970
Other comprehensive income (loss)	8,549			207			8,341			(8,548		)	8,549
Comprehensive income (loss)	$	36,519		$	31,555		$	8,886		$	(40,441	)	$	36,519

Nine Months Ended September 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	6,596,941		$	398,646		$	(47,222	)	$	6,948,365
Cost of goods sold	—			5,965,607			173,747			(46,941		)	6,092,413
Gross margin	—			631,334			224,899			(281		)	855,952
Selling, general and administrative expenses	36			462,325			220,464			—			682,825
Acquisition-related and exit and realignment charges	—			13,074			11,739			—			24,813
Depreciation and amortization	2			26,703			14,892			—			41,597
Other operating income, net	—			(9,043		)	(3,336		)	333			(12,046		)
Operating earnings (loss)	(38		)	138,275			(18,860		)	(614		)	118,763
Interest expense (income), net	9,328			3,502			(1,937		)	—			10,893
Loss on early retirement of debt	14,890			—			—			—			14,890
Income (loss) before income taxes	(24,256		)	134,773			(16,923		)	(614		)	92,980
Income tax (benefit) provision	(9,299		)	53,989			(4,226		)	—			40,464
Equity in earnings of subsidiaries	67,473			—			—			(67,473		)	—
Net income (loss)	52,516			80,784			(12,697		)	(68,087		)	52,516
Other comprehensive income (loss)	(16,675		)	350			(16,898		)	16,548			(16,675		)
Comprehensive income (loss)	$	35,841		$	81,134		$	(29,595	)	$	(51,539	)	$	35,841

Nine Months Ended September 30, 2013	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Income
Net revenue	$	—		$	6,473,954		$	313,023		$	(33,969	)	$	6,753,008
Cost of goods sold	—			5,833,900			126,720			(33,424		)	5,927,196
Gross margin	—			640,054			186,303			(545		)	825,812
Selling, general and administrative expenses	1,138			459,780			180,695			—			641,613
Acquisition-related and exit and realignment charges	—			3,116			2,279			—			5,395
Depreciation and amortization	10			26,705			10,632			—			37,347
Other operating income, net	—			(3,597		)	(2,096		)	—			(5,693		)
Operating earnings (loss)	(1,148		)	154,050			(5,207		)	(545		)	147,150
Interest expense (income), net	15,340			(5,096		)	(409		)	—			9,835
Income (loss) before income taxes	(16,488		)	159,146			(4,798		)	(545		)	137,315
Income tax (benefit) provision	(6,327		)	62,758			(2,057		)	—			54,374
Equity in earnings of subsidiaries	93,102			—			—			(93,102		)	—
Net income (loss)	82,941			96,388			(2,741		)	(93,647		)	82,941
Other comprehensive income (loss)	2,797			623			2,195			(2,818		)	2,797
Comprehensive income (loss)	$	85,738		$	97,011		$	(546	)	$	(96,465	)	$	85,738

Condensed Consolidating Balance Sheets

September 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non- guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	563,559		$	32,924		$	13,664		$	—		$	610,147
Accounts and notes receivable, net	—			496,444			97,325			(3,629		)	590,140
Merchandise inventories	—			804,409			31,811			(1,744		)	834,476
Other current assets	253			91,582			204,901			(1,295		)	295,441
Total current assets	563,812			1,425,359			347,701			(6,668		)	2,330,204
Property and equipment, net	—			105,689			98,266			—			203,955
Goodwill	—			247,271			27,262			—			274,533
Intangible assets, net	—			16,323			20,134			—			36,457
Due from O&M and subsidiaries	—			409,280			—			(409,280		)	—
Advances to and investment in consolidated subsidiaries	1,587,331			—			—			(1,587,331		)	—
Other assets, net	4,178			68,606			25,965			—			98,749
Total assets	$	2,155,321		$	2,272,528		$	519,328		$	(2,003,279	)	$	2,943,898
Liabilities and equity
Current liabilities
Current portion of long-term debt	$	200,000		$	2,401		$	—		$	—		$	202,401
Accounts payable	6			649,274			46,965			(3,629		)	692,616
Accrued payroll and related liabilities	—			17,033			11,676			—			28,709
Deferred income taxes	—			39,277			129			—			39,406
Other accrued liabilities	26,776			98,147			192,150			(1,492		)	315,581
Total current liabilities	226,782			806,132			250,920			(5,121		)	1,278,713
Long-term debt, excluding current portion	547,765			6,517			9,600			—			563,882
Due to O&M and subsidiaries	373,250			—			36,002			(409,252		)	—
Intercompany debt	—			138,890			—			(138,890		)	—
Deferred income taxes	—			31,158			10,567			—			41,725
Other liabilities	—			48,179			3,875			—			52,054
Total liabilities	1,147,797			1,030,876			310,964			(553,263		)	1,936,374
Equity
Common stock	126,159			—			1,500			(1,500		)	126,159
Paid-in capital	200,961			241,878			261,519			(503,397		)	200,961
Retained earnings (deficit)	687,511			1,006,001			(53,775		)	(952,226		)	687,511
Accumulated other comprehensive income (loss)	(7,107		)	(6,227		)	(880		)	7,107			(7,107		)
Total equity	1,007,524			1,241,652			208,364			(1,450,016		)	1,007,524
Total liabilities and equity	$	2,155,321		$	2,272,528		$	519,328		$	(2,003,279	)	$	2,943,898

December 31, 2013	Owens & Minor, Inc.		Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Balance Sheets
Assets
Current assets
Cash and cash equivalents	$	74,391	$	2,012		$	25,502		$	—		$	101,905
Accounts and notes receivable, net	—		496,310			79,722			(3,178		)	572,854
Merchandise inventories	—		750,999			22,128			(1,464		)	771,663
Other current assets	201		72,049			207,058			202			279,510
Total current assets	74,592		1,321,370			334,410			(4,440		)	1,725,932
Property and equipment, net	2		96,500			95,459			—			191,961
Goodwill	—		247,271			28,168			—			275,439
Intangible assets, net	—		17,881			22,525			—			40,406
Due from O&M and subsidiaries	—		377,786			—			(377,786		)	—
Advances to and investments in consolidated subsidiaries	1,533,294		—			—			(1,533,294		)	—
Other assets, net	408		63,848			26,048			—			90,304
Total assets	$	1,608,296	$	2,124,656		$	506,610		$	(1,915,520	)	$	2,324,042
Liabilities and equity
Current liabilities
Current portion of long-term debt	$	—	$	2,428		$	—		$	—		$	2,428
Accounts payable	—		595,865			51,185			(3,178		)	643,872
Accrued payroll and related liabilities	—		12,792			10,504			—			23,296
Deferred income taxes	—		41,464			149			—			41,613
Other accrued liabilities	6,811		85,367			185,792			—			277,970
Total current liabilities	6,811		737,916			247,630			(3,178		)	989,179
Long-term debt, excluding current portion	204,028		7,228			2,559			—			213,815
Due to O&M and subsidiaries	373,544		—			2,910			(376,454		)	—
Intercompany debt	—		138,890			—			(138,890		)	—
Deferred income taxes	—		32,173			11,554			—			43,727
Other liabilities	—		47,816			4,462			—			52,278
Total liabilities	584,383		964,023			269,115			(518,522		)	1,298,999
Equity												—
Common stock	126,193		—			1,500			(1,500		)	126,193
Paid-in capital	196,605		242,024			259,864			(501,888		)	196,605
Retained earnings (deficit)	691,547		925,184			(41,029		)	(884,155		)	691,547
Accumulated other comprehensive income (loss)	9,568		(6,575		)	16,030			(9,455		)	9,568
Total Owens & Minor, Inc. shareholders’ equity	1,023,913		1,160,633			236,365			(1,396,998		)	1,023,913
Noncontrolling interest	—		—			1,130			—			1,130
Total equity	1,023,913		1,160,633			237,495			(1,396,998		)	1,025,043
Total liabilities and equity	$	1,608,296	$	2,124,656		$	506,610		$	(1,915,520	)	$	2,324,042

Condensed Consolidating Statement Of Cash Flows

Nine Months Ended September 30, 2014	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Cash Flows
Operating activities:
Net income (loss)	$	52,516		$	80,784		$	(12,697	)	$	(68,087	)	$	52,516
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	(67,473		)	—			—			67,473			—
Depreciation and amortization	2			26,703			14,892			—			41,597
Loss on early retirement of debt	14,890			—			—			—			14,890
Share-based compensation expense	—			6,136			—			—			6,136
Provision for losses on accounts and notes receivable	—			146			(502		)	—			(356		)
Deferred income tax expense (benefit)	—			(3,470		)	(3,917		)	—			(7,387		)
Changes in operating assets and liabilities:
Accounts and notes receivable	—			(280		)	(21,628		)	452			(21,456		)
Merchandise inventories	—			(53,410		)	(10,752		)	279			(63,883		)
Accounts payable	6			53,409			174			1,045			54,634
Net change in other assets and liabilities	2,562			(1,907		)	3,638			(1,162		)	3,131
Other, net	(1,162		)	(98		)	2,582			—			1,322
Cash provided by (used for) operating activities	1,341			108,013			(28,210		)	—			81,144
Investing activities:
Additions to property and equipment	—			(24,662		)	(11,507		)	—			(36,169		)
Additions to computer software and intangible assets	—			(15,448		)	(2,540		)	—			(17,988		)
Proceeds from the sale of investment	—			1,937			—			—			1,937
Proceeds from the sale of property and equipment	—			137			14			—			151
Cash used for investing activities	—			(38,036		)	(14,033		)	—			(52,069		)
Financing activities:
Long-term borrowings	547,693			—			—			—			547,693
Change in intercompany advances	2,024			(36,874		)	34,850			—			—
Cash dividends paid	(47,335		)	—			—			—			(47,335		)
Repurchases of common stock	(9,934		)	—			—			—			(9,934		)
Excess tax benefits related to share-based compensation	514			—			—			—			514
Proceeds from exercise of stock options	1,180			—			—			—			1,180
Purchase of noncontrolling interest	—			—			(1,500		)	—			(1,500		)
Debt issuance costs	(4,178		)	—			—			—			(4,178		)
Other, net	(2,137		)	(2,191		)	(1,343		)	—			(5,671		)
Cash provided by (used for) financing activities	487,827			(39,065		)	32,007			—			480,769
Effect of exchange rate changes on cash and cashequivalents	—			—			(1,602		)	—			(1,602		)
Net increase (decrease) in cash and cash equivalents	489,168			30,912			(11,838		)	—			508,242
Cash and cash equivalents at beginning of period	74,391			2,012			25,502			—			101,905
Cash and cash equivalents at end of period	$	563,559		$	32,924		$	13,664		$	—		$	610,147

Nine Months Ended September 30, 2013	Owens & Minor, Inc.			Guarantor Subsidiaries			Non-guarantor Subsidiaries			Eliminations			Consolidated
Statements of Cash Flows
Operating activities:
Net income (loss)	$	82,941		$	96,388		$	(2,741	)	$	(93,647	)	$	82,941
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	(93,102		)	—			—			93,102			—
Depreciation and amortization	10			26,705			10,632			—			37,347
Share-based compensation expense	—			5,162			—			—			5,162
Provision for losses on accounts and notes receivable	—			110			69			—			179
Deferred income tax expense	—			11,649			(3,225		)	—			8,424
Changes in operating assets and liabilities:													—
Accounts and notes receivable	—			449			(18,493		)	(2,659		)	(20,703		)
Merchandise inventories	—			(15,068		)	(9,166		)	544			(23,690		)
Accounts payable	—			79,994			11,296			2,660			93,950
Net change in other assets and liabilities	5,264			(21,493		)	(5,056		)	—			(21,285		)
Other, net	972			466			(2,597		)	—			(1,159		)
Cash provided by (used for) operating activities	(3,915		)	184,362			(19,281		)	—			161,166
Investing activities:
Additions to property and equipment	—			(18,972		)	(6,172		)	—			(25,144		)
Additions to computer software and intangible assets	—			(15,534		)	(4,827		)	—			(20,361		)
Proceeds from the sale of property and equipment	—			1,829			191			—			2,020
Cash used for investing activities	—			(32,677		)	(10,808		)	—			(43,485		)
Financing activities:
Change in intercompany advances	114,145			(148,109		)	33,964			—			—
Cash dividends paid	(45,587		)	—			—			—			(45,587		)
Repurchases of common stock	(15,701		)	—			—			—			(15,701		)
Excess tax benefits related to share-based compensation	733			—			—			—			733
Proceeds from exercise of stock options	4,821			—			—			—			4,821
Other, net	(2,526		)	(1,999		)	(2,244		)	—			(6,769		)
Cash provided by (used for) financing activities	55,885			(150,108		)	31,720			—			(62,503		)
Effect of exchange rate changes on cash and cash equivalents	—			—			723			—			723
Net (decrease) increase in cash and cash equivalents	51,970			1,577			2,354			—			55,901
Cash and cash equivalents at beginning of period	58,190			13,641			26,057			—			97,888
Cash and cash equivalents at end of period	$	110,160		$	15,218		$	28,411		$	—		$	153,789

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Accumulated Other Comprehensive Income - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement of Comprehensive Income [Abstract]
Amounts reclassified out of accumulated other comprehensive income related to defined benefit pension plans as component of net periodic benefit cost, actuarial net loss	$ 0.2	$ 0.3	$ 0.6	$ 1.0

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Commitments and Contingencies

9 Months Ended

Sep. 30, 2014

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

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 $0.9 million as of September 30, 2014. If none of the performance targets are met as of the specified dates, and customers have met their contractual commitments, payment will be due as follows: 2014 - $0.7 million; 2015 - $0.1 million; 2016 -$0.1 million. None of these contingent obligations were accrued at September 30, 2014, as we do not consider any of them probable. We deferred the recognition of fees that are contingent upon our future performance under the terms of these contracts. As of September 30, 2014, $0.9 million of deferred revenue related to outstanding contractual performance targets was included in other current liabilities.

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.

Various issues and claims related to the acquisition and transition of Movianto remain outstanding and under review and discussion with the former owner. The ultimate outcomes of these issues and claims, including their impact on future financial results, cannot be ascertained or estimated at this time.

We are in discussions with a customer in our International Segment to resolve a dispute related to services provided.  In the event we are unable to resolve this dispute, we may choose to terminate this relationship in which case we could potentially incur costs including but not limited to facility closures, personnel, transportation and/or other contract termination costs. We have outstanding accounts receivable totaling approximately $14.7 million at September 30, 2014 related to services provided to this customer.  The outcome of these discussions or the impact on financial results is not known at this time; however, we do not believe that loss with respect to this issue is probable.

During September 2014, we entered into a definitive agreement to acquire ArcRoyal, a privately held surgical kitting company based in Ireland. The transaction is expected to close in the fourth quarter of 2014.

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Basis of Presentation and Use of Estimates (Policies)

9 Months Ended

Sep. 30, 2014

Accounting Policies [Abstract]

Basis of Presentation

Basis of Presentation

The accompanying unaudited consolidated financial statements include the accounts of Owens & Minor, Inc. and the subsidiaries it controls (we, us, or our) and contain all adjustments (which are comprised only of normal recurring accruals and use of estimates) necessary to conform with U.S. generally accepted accounting principles (GAAP). During the second quarter of 2014, we purchased the remaining outside stockholder's interest in a consolidated subsidiary that was partially owned. Therefore we do not present a noncontrolling interest as a component of equity as of September 30, 2014. 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.

Reclassification and Correction

Reclassification 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 in the fourth quarter of 2013, we determined a net presentation of revenues for certain contracts is more representative of the customer arrangement. Certain amounts in the prior period statement of income were revised to reflect this net presentation of revenues. As a result, prior year net revenue and cost of goods sold each decreased by $34.1 million for the three month period and $94.0 million for the nine month period ended September 30, 2013. The change did not affect cash flows, gross margin, operating earnings or net income in 2013.

Use of Estimates

Use of Estimates

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

Fair Value

The carrying amounts of cash and cash equivalents, accounts receivable, financing receivables, accounts payable and financing payables included in the consolidated balance sheets approximate fair value due to the short-term nature of these instruments. The fair value of long-term debt is estimated based on quoted market prices or dealer quotes for the identical liability when traded as an asset in an active market (Level 1) or, if quoted market prices or dealer quotes are not available, on the borrowing rates currently available for loans with similar terms, credit ratings and average remaining maturities (Level 2). See Note 7 for the fair value of long-term debt.

Share Repurchase

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

Segment Reporting

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

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Shareholders' Equity - Additional Information (Detail) (USD $) Share data in Millions, except Per Share data, unless otherwise specified	1 Months Ended	9 Months Ended
	Feb. 28, 2014	Sep. 30, 2014
Equity [Abstract]
Share repurchase program, authorized amount	$ 100,000,000
Stock repurchase program, term (in years)	3 years
Stock repurchase program expiring date		2017-02
Stock repurchased and retired, shares		0.3
Stock repurchased and retired, value		9,900,000
Stock repurchase program, average price in USD per share		$ 34.31
Stock repurchase program, remaining authorized repurchase amount		$ 90,100,000

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Accrual for Exit and Realignment Costs (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013
Restructuring Reserve [Roll Forward]
Accrued exit and realignment costs, beginning of period	$ 4,274	$ 3,510	$ 2,909	$ 1,509	$ 1,764	$ 6,214
Provision for exit and realignment activities	3,127	2,242	1,339	724		541
Change in estimate				(79)
Cash payments, net of sublease income	(1,327)	(1,478)	(738)	(568)	(255)	(4,991)
Accrued exit and realignment costs, end of period	6,074	4,274	3,510	1,586	1,509	1,764
Lease Obligations
Restructuring Reserve [Roll Forward]
Accrued exit and realignment costs, beginning of period	2,178	2,555	2,434	674	792	5,098
Provision for exit and realignment activities	912	6	532	648		538
Change in estimate				0
Cash payments, net of sublease income	(867)	(383)	(411)	(463)	(118)	(4,844)
Accrued exit and realignment costs, end of period	2,223	2,178	2,555	859	674	792
Severance
Restructuring Reserve [Roll Forward]
Accrued exit and realignment costs, beginning of period	2,096	955	475	835	972	1,116
Provision for exit and realignment activities	2,215	2,236	807	76		3
Change in estimate				(79)
Cash payments, net of sublease income	(460)	(1,095)	(327)	(105)	(137)	(147)
Accrued exit and realignment costs, end of period	$ 3,851	$ 2,096	$ 955	$ 727	$ 835	$ 972

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Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Current assets
Cash and cash equivalents	$ 610,147	$ 101,905
Accounts and notes receivable, net of allowances of $15,067 and $15,030	590,140	572,854
Merchandise inventories	834,476	771,663
Other current assets	295,441	279,510
Total current assets	2,330,204	1,725,932
Property and equipment, net of accumulated depreciation of $154,898 and $137,526	203,955	191,961
Goodwill	274,533	275,439
Intangible assets, net	36,457	40,406
Other assets, net	98,749	90,304
Total assets	2,943,898	2,324,042
Current liabilities
Current portion of long-term debt	202,401	2,428
Accounts payable	692,616	643,872
Accrued payroll and related liabilities	28,709	23,296
Deferred income taxes	39,406	41,613
Other accrued liabilities	315,581	277,970
Total current liabilities	1,278,713	989,179
Long-term debt, excluding current portion	563,882	213,815
Deferred income taxes	41,725	43,727
Other liabilities	52,054	52,278
Total liabilities	1,936,374	1,298,999
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 - 63,080 shares and 63,096 shares	126,159	126,193
Paid-in capital	200,961	196,605
Retained earnings	687,511	691,547
Accumulated other comprehensive income (loss)	(7,107)	9,568
Total Owens & Minor, Inc. shareholders’ equity	1,007,524	1,023,913
Noncontrolling interest	0	1,130
Total equity	1,007,524	1,025,043
Total liabilities and equity	$ 2,943,898	$ 2,324,042

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Basis of Presentation and Use of Estimates

9 Months Ended

Sep. 30, 2014

Accounting Policies [Abstract]

Basis of Presentation and Use of Estimates

Basis of Presentation and Use of Estimates

Basis of Presentation

The accompanying unaudited consolidated financial statements include the accounts of Owens & Minor, Inc. and the subsidiaries it controls (we, us, or our) and contain all adjustments (which are comprised only of normal recurring accruals and use of estimates) necessary to conform with U.S. generally accepted accounting principles (GAAP). During the second quarter of 2014, we purchased the remaining outside stockholder's interest in a consolidated subsidiary that was partially owned. Therefore we do not present a noncontrolling interest as a component of equity as of September 30, 2014. 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.

Reclassification 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 in the fourth quarter of 2013, we determined a net presentation of revenues for certain contracts is more representative of the customer arrangement. Certain amounts in the prior period statement of income were revised to reflect this net presentation of revenues. As a result, prior year net revenue and cost of goods sold each decreased by $34.1 million for the three month period and $94.0 million for the nine month period ended September 30, 2013. The change did not affect cash flows, gross margin, operating earnings or net income in 2013.

Use of Estimates

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

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Condensed Consolidating Financial Information (Condensed Consolidating Statements Of Cash Flows) (Detail) (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Condensed Financial Statements, Captions [Line Items]
Net income	$ 52,516	$ 82,941
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	0	0
Depreciation and amortization	41,597	37,347
Loss on early retirement of debt	14,890	0
Share-based compensation expense	6,136	5,162
Provision for losses on accounts and notes receivable	(356)	179
Deferred income tax (benefit) expense	(7,387)	8,424
Changes in operating assets and liabilities:
Accounts and notes receivable	(21,456)	(20,703)
Merchandise inventories	(63,883)	(23,690)
Accounts payable	54,634	93,950
Net change in other assets and liabilities	3,131	(21,285)
Other, net	1,322	(1,159)
Cash provided by (used for) operating activities	81,144	161,166
Investing activities:
Additions to property and equipment	(36,169)	(25,144)
Additions to computer software and intangible assets	(17,988)	(20,361)
Proceeds from the sale of investment	1,937	0
Proceeds from the sale of property and equipment	151	2,020
Cash used for investing activities	(52,069)	(43,485)
Financing activities:
Long-term debt borrowings	547,693	0
Change in intercompany advances	0	0
Cash dividends paid	(47,335)	(45,587)
Repurchases of common stock	(9,934)	(15,701)
Excess tax benefits related to share-based compensation	514	733
Proceeds from exercise of stock options	1,180	4,821
Purchase of noncontrolling interest	(1,500)	0
Debt issuance costs	(4,178)	0
Other, net	(5,671)	(6,769)
Cash provided by (used for) financing activities	480,769	(62,503)
Effect of exchange rate changes on cash and cash equivalents	(1,602)	723
Net increase in cash and cash equivalents	508,242	55,901
Cash and cash equivalents at beginning of period	101,905	97,888
Cash and cash equivalents at end of period	610,147	153,789
Owens & Minor, Inc.
Condensed Financial Statements, Captions [Line Items]
Net income	52,516	82,941
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	(67,473)	(93,102)
Depreciation and amortization	2	10
Loss on early retirement of debt	14,890
Share-based compensation expense	0	0
Provision for losses on accounts and notes receivable	0	0
Deferred income tax (benefit) expense	0	0
Changes in operating assets and liabilities:
Accounts and notes receivable	0	0
Merchandise inventories	0	0
Accounts payable	6	0
Net change in other assets and liabilities	2,562	5,264
Other, net	(1,162)	972
Cash provided by (used for) operating activities	1,341	(3,915)
Investing activities:
Additions to property and equipment	0	0
Additions to computer software and intangible assets	0	0
Proceeds from the sale of investment	0
Proceeds from the sale of property and equipment	0	0
Cash used for investing activities	0	0
Financing activities:
Long-term debt borrowings	547,693
Change in intercompany advances	2,024	114,145
Cash dividends paid	(47,335)	(45,587)
Repurchases of common stock	(9,934)	(15,701)
Excess tax benefits related to share-based compensation	514	733
Proceeds from exercise of stock options	1,180	4,821
Purchase of noncontrolling interest	0
Debt issuance costs	(4,178)
Other, net	(2,137)	(2,526)
Cash provided by (used for) financing activities	487,827	55,885
Effect of exchange rate changes on cash and cash equivalents	0	0
Net increase in cash and cash equivalents	489,168	51,970
Cash and cash equivalents at beginning of period	74,391	58,190
Cash and cash equivalents at end of period	563,559	110,160
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net income	80,784	96,388
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	0	0
Depreciation and amortization	26,703	26,705
Loss on early retirement of debt	0
Share-based compensation expense	6,136	5,162
Provision for losses on accounts and notes receivable	146	110
Deferred income tax (benefit) expense	(3,470)	11,649
Changes in operating assets and liabilities:
Accounts and notes receivable	(280)	449
Merchandise inventories	(53,410)	(15,068)
Accounts payable	53,409	79,994
Net change in other assets and liabilities	(1,907)	(21,493)
Other, net	(98)	466
Cash provided by (used for) operating activities	108,013	184,362
Investing activities:
Additions to property and equipment	(24,662)	(18,972)
Additions to computer software and intangible assets	(15,448)	(15,534)
Proceeds from the sale of investment	1,937
Proceeds from the sale of property and equipment	137	1,829
Cash used for investing activities	(38,036)	(32,677)
Financing activities:
Long-term debt borrowings	0
Change in intercompany advances	(36,874)	(148,109)
Cash dividends paid	0	0
Repurchases of common stock	0	0
Excess tax benefits related to share-based compensation	0	0
Proceeds from exercise of stock options	0	0
Purchase of noncontrolling interest	0
Debt issuance costs	0
Other, net	(2,191)	(1,999)
Cash provided by (used for) financing activities	(39,065)	(150,108)
Effect of exchange rate changes on cash and cash equivalents	0	0
Net increase in cash and cash equivalents	30,912	1,577
Cash and cash equivalents at beginning of period	2,012	13,641
Cash and cash equivalents at end of period	32,924	15,218
Non-guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net income	(12,697)	(2,741)
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	0	0
Depreciation and amortization	14,892	10,632
Loss on early retirement of debt	0
Share-based compensation expense	0	0
Provision for losses on accounts and notes receivable	(502)	69
Deferred income tax (benefit) expense	(3,917)	(3,225)
Changes in operating assets and liabilities:
Accounts and notes receivable	(21,628)	(18,493)
Merchandise inventories	(10,752)	(9,166)
Accounts payable	174	11,296
Net change in other assets and liabilities	3,638	(5,056)
Other, net	2,582	(2,597)
Cash provided by (used for) operating activities	(28,210)	(19,281)
Investing activities:
Additions to property and equipment	(11,507)	(6,172)
Additions to computer software and intangible assets	(2,540)	(4,827)
Proceeds from the sale of investment	0
Proceeds from the sale of property and equipment	14	191
Cash used for investing activities	(14,033)	(10,808)
Financing activities:
Long-term debt borrowings	0
Change in intercompany advances	34,850	33,964
Cash dividends paid	0	0
Repurchases of common stock	0	0
Excess tax benefits related to share-based compensation	0	0
Proceeds from exercise of stock options	0	0
Purchase of noncontrolling interest	(1,500)
Debt issuance costs	0
Other, net	(1,343)	(2,244)
Cash provided by (used for) financing activities	32,007	31,720
Effect of exchange rate changes on cash and cash equivalents	(1,602)	723
Net increase in cash and cash equivalents	(11,838)	2,354
Cash and cash equivalents at beginning of period	25,502	26,057
Cash and cash equivalents at end of period	13,664	28,411
Eliminations
Condensed Financial Statements, Captions [Line Items]
Net income	(68,087)	(93,647)
Adjustments to reconcile net income to cash provided by (used for) operating activities:
Equity in earnings of subsidiaries	67,473	93,102
Depreciation and amortization	0	0
Loss on early retirement of debt	0
Share-based compensation expense	0	0
Provision for losses on accounts and notes receivable	0	0
Deferred income tax (benefit) expense	0	0
Changes in operating assets and liabilities:
Accounts and notes receivable	452	(2,659)
Merchandise inventories	279	544
Accounts payable	1,045	2,660
Net change in other assets and liabilities	(1,162)	0
Other, net	0	0
Cash provided by (used for) operating activities	0	0
Investing activities:
Additions to property and equipment	0	0
Additions to computer software and intangible assets	0	0
Proceeds from the sale of investment	0
Proceeds from the sale of property and equipment	0	0
Cash used for investing activities	0	0
Financing activities:
Long-term debt borrowings	0
Change in intercompany advances	0	0
Cash dividends paid	0	0
Repurchases of common stock	0	0
Excess tax benefits related to share-based compensation	0	0
Proceeds from exercise of stock options	0	0
Purchase of noncontrolling interest	0
Debt issuance costs	0
Other, net	0	0
Cash provided by (used for) financing activities	0	0
Effect of exchange rate changes on cash and cash equivalents	0	0
Net increase in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	0	0
Cash and cash equivalents at end of period	$ 0	$ 0

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Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill

The following table summarizes the changes in the carrying amount of goodwill through September 30, 2014:

	Domestic Segment		International Segment			Total
Carrying amount of goodwill, December 31, 2013	$	248,498	$	26,941		$	275,439
Currency translation adjustments	—		(906		)	(906		)
Carrying amount of goodwill, September 30, 2014	$	248,498	$	26,035		$	274,533

Intangible Assets

Intangible assets at September 30, 2014, and December 31, 2013, were as follows:

	September 30, 2014						December 31, 2013
	Customer Relationships			Other Intangibles			Customer Relationships			Other Intangibles
Gross intangible assets	$	50,995		$	3,805		$	51,544		$	3,933
Accumulated amortization	(17,706		)	(636		)	(14,281		)	(790		)
Net intangible assets	$	33,289		$	3,169		$	37,263		$	3,143

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Intangible Assets (Detail) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]
Net intangible assets	$ 36,457	$ 40,406
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Gross intangible assets	50,995	51,544
Accumulated amortization	(17,706)	(14,281)
Net intangible assets	33,289	37,263
Other Intangibles
Finite-Lived Intangible Assets [Line Items]
Gross intangible assets	3,805	3,933
Accumulated amortization	(636)	(790)
Net intangible assets	$ 3,169	$ 3,143

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Accumulated Other Comprehensive Income

9 Months Ended

Sep. 30, 2014

Equity [Abstract]

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

The following table shows the changes in accumulated other comprehensive income (loss) by component for the three and nine months ended September 30, 2014 and 2013:

	Defined Benefit Pension Plans			Currency Translation Adjustments			Other			Total
Accumulated other comprehensive income (loss), June 30, 2014	$	(6,260	)	$	15,789		$	161		$	9,690
Other comprehensive income (loss) before reclassifications	—			(16,796		)	(44		)	(16,840		)
Income tax	—			—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—			(16,796		)	(44		)	(16,840		)
Amounts reclassified from accumulated other comprehensive income (loss)	189			—			(145		)	44
Income tax	(57		)	—			56			(1		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	132			—			(89		)	43
Other comprehensive income (loss)	132			(16,796		)	(133		)	(16,797		)
Accumulated other comprehensive income (loss), September 30, 2014	$	(6,128	)	$	(1,007	)	$	28		$	(7,107	)
Accumulated other comprehensive income (loss), June 30, 2013	$	(9,901	)	$	3,605		$	138		$	(6,158	)
Other comprehensive income (loss) before reclassifications	—			9,412			14			9,426
Income tax	—			(1,072		)	—			(1,072		)
Other comprehensive income (loss) before reclassifications, net of tax	—			8,340			14			8,354
Amounts reclassified from accumulated other comprehensive income (loss)	342			—			(21		)	321
Income tax	(134		)	—			8			(126		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	208			—			(13		)	195
Other comprehensive income (loss)	208			8,340			1			8,549
Accumulated other comprehensive income (loss), September 30, 2013	$	(9,693	)	$	11,945		$	139		$	2,391

	Defined Benefit Pension Plans			Currency Translation Adjustments			Other			Total
Accumulated other comprehensive income (loss), December 31, 2013	$	(6,479	)	$	15,892		$	155		$	9,568
Other comprehensive income (loss) before reclassifications	—			(16,899		)	(14		)	(16,913		)
Income tax	—			—			—			—
Other comprehensive income (loss) before reclassifications, net of tax	—			(16,899		)	(14		)	(16,913		)
Amounts reclassified from accumulated other comprehensive income (loss)	596			—			(185		)	411
Income tax	(245		)	—			72			(173		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	351			—			(113		)	238
Other comprehensive income (loss)	351			(16,899		)	(127		)	(16,675		)
Accumulated other comprehensive income (loss), September 30, 2014	$	(6,128	)	$	(1,007	)	$	28		$	(7,107	)
Accumulated other comprehensive income (loss), December 31, 2012	$	(10,318	)	$	9,749		$	163		$	(406	)
Other comprehensive income (loss) before reclassifications	—			2,729			14			2,743
Income tax	—			(533		)	—			(533		)
Other comprehensive income (loss) before reclassifications, net of tax	—			2,196			14			2,210
Amounts reclassified from accumulated other comprehensive income (loss)	1,025			—			(62		)	963
Income tax	(400		)	—			24			(376		)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	625			—			(38		)	587
Other comprehensive income (loss)	625			2,196			(24		)	2,797
Accumulated other comprehensive income (loss), September 30, 2013	$	(9,693	)	$	11,945		$	139		$	2,391

We include amounts reclassified out of accumulated other comprehensive income related to defined benefit pension plans as a component of net periodic pension cost recorded in selling, general & administrative expenses. For the three and nine months ended September 30, 2014, we reclassified $0.2 million and $0.6 million of actuarial net losses. For the three and nine months ended September 30, 2013, we reclassified $0.3 million and $1.0 million of actuarial net losses.