<TABLE>
Exhibit 11
CERNER CORPORATION AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER COMMON SHARE
<CAPTION>
Three Months Ended Six Months Ended
July 1, July 3, July 1, July 3,
2000 1999 2000 1999
---------------------------- ----------------------------
<S> <C> <C> <C> <C>
Net Earnings (Loss) before Extraordinary Item: $ (2,613,000) $ 260,000 $ (221,000) $ 3,077,000
============ =========== ============ ===========
Weighted average number of common and
common stock equivalent shares:
Basic weighted average number of
outstanding common shares 33,830,000 33,615,000 33,804,000 33,587,000
------------ ----------- ------------ -----------
Basic earnings (loss) per common shares: $ (0.08) $ 0.01 $ (0.01) $ 0.09
------------ ----------- ------------ -----------
Dilutive effect (excess of number of shares
Issuable over number of shares
assumed to be repurchased with the
proceeds of exercised options based on
the average market price during the
period) - 296,000 - 331,000
------------ ----------- ----------- -----------
33,830,000 33,911,000 33,804,000 33,918,000
------------ ----------- ----------- -----------
Diluted earnings (loss)per common and common
stock equivalent shares: $ (0.08) $ 0.01 $ (0.01) $ 0.09
------------ ----------- ------------ -----------
Net Earnings (Loss) after Extraordinary Item: $ (2,613,000) $ (1,135,000) $ (221,000) $ 1,682,000
============ ============ ============ ===========
Weighted average number of common and
common stock equivalent shares:
Basic weighted average number of
Outstanding common shares 33,830,000 33,615,000 33,804,000 33,587,000
------------ ----------- ------------ -----------
Basic earnings (loss) per common shares: $ (0.08) $ (0.03) $ (0.01) $ 0.05
------------ ----------- ------------ -----------
Dilutive effect (excess of number of shares
issuable over number of shares
assumed to be repurchased with the
proceeds of exercised options based on
the average market price during the
period) - 296,000 - 331,000
------------ ----------- ----------- -----------
33,830,000 33,911,000 33,804,000 33,918,000
------------ ----------- ------------ -----------
Diluted earnings (loss) per common and common
stock equivalent shares: $ (0.08) $ (0.03) $ (0.01) $ 0.05
============ =========== ============ ===========
</TABLE>
