|
Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Current assets |
|
|
| Cash and cash equivalents |
$ 387,241 |
$ 370,776 |
| Restricted cash |
32,220 |
52,422 |
| Accounts receivable, net of allowance for doubtful accounts of $5,860 (2012 - $7,899) |
959,586 |
725,809 |
| Rebates receivable |
305,955 |
302,461 |
| Other current assets |
152,673 |
101,311 |
| Total current assets |
1,837,675 |
1,552,779 |
| Property and equipment, net of accumulated depreciation of $103,858 (2012 - $64,048) |
197,007 |
105,201 |
| Goodwill |
4,720,275 |
4,478,038 |
| Other intangible assets, net of accumulated amortization of $363,546 (2012 - $178,188) |
1,181,419 |
1,198,991 |
| Other long-term assets |
59,387 |
50,118 |
| Total assets |
7,995,763 |
7,385,127 |
| Current liabilities |
|
|
| Accounts payable |
817,805 |
644,818 |
| Accrued expenses and other current liabilities |
254,100 |
254,811 |
| Pharmacy benefit management rebates payable |
356,265 |
302,065 |
| Current portion - long-term debt |
50,000 |
41,250 |
| Total current liabilities |
1,478,170 |
1,242,944 |
| Deferred income taxes |
301,341 |
344,232 |
| Long-term debt |
1,215,363 |
1,132,153 |
| Other long-term liabilities |
89,391 |
55,937 |
| Total liabilities |
3,084,265 |
2,775,266 |
| Commitments and contingencies (Note 16) |
|
|
| Shareholders’ equity |
|
|
| Common shares: no par value, unlimited shares authorized; 206,305,070 shares issued and outstanding at December 31, 2013 (2012 - 205,399,102) |
4,215,291 |
4,180,778 |
| Additional paid-in capital |
77,790 |
73,530 |
| Retained earnings |
617,161 |
354,991 |
| Accumulated other comprehensive loss |
(1,752) |
(2,191) |
| Total shareholders' equity |
4,908,490 |
4,607,108 |
| Non-controlling interest |
3,008 |
2,753 |
| Total equity |
4,911,498 |
4,609,861 |
| Total liabilities and equity |
$ 7,995,763 |
$ 7,385,127 |