Exhibit 11
CERNER CORPORATION AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER COMMON SHARE
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Three Months Ended Nine Months Ended
September 30, October 2, September 30, October 2,
---------------------------- ----------------------------
2000 1999 2000 1999
----------------------------- ----------------------------
<S> <C> <C> <C> <C>
Earnings before extraordinary item: $123,336,000 $ 680,000 $123,115,000 $ 3,758,000
---------------------------------- ============ =========== ============ ============
Weighted average number of common
and common stock equivalent
shares:
Basic weighted average number of
outstanding common shares 34,188,000 33,622,000 33,932,000 33,599,000
------------ ----------- ------------ ------------
Basic earnings per common shares: $ 3.61 $ 0.02 $ 3.63 $ 0.11
------------ ----------- ------------ ------------
Dilutive effect (excess of number
of shares issuable over number
of shares assumed to be repurchased
with the proceeds of exercised
options and converted warrants based
on the average market price during
the period) 1,569 240,000 1,093,000 331,000
------------ ----------- ------------ ------------
35,757,000 33,862,000 35,025,000 33,930,000
------------ ----------- ------------ ------------
-----------------------------------------------------------
Diluted earnings per common and
common stock equivalent shares: $ 3.45 $ 0.02 $ 3.52 $ 0.11
============ =========== ============ ============
Net earnings: $123,336,000 $ 680,000 $123,115,000 $ 2,363,000
------------ ============ =========== ============ ============
Weighted average number of common
and common stock equivalent shares:
Basic weighted average number of
outstanding common shares 34,188,000 33,622,000 33,932,000 33,599,000
------------ ---------- ----------- -----------
Basic earnings per common shares: $ 3.61 $ 0.02 $ 3.63 $ 0.07
------------ ---------- ----------- ------------
Dilutive effect (excess of number
of shares issuable over number
of shares assumed to be repurchased
with the proceeds of exercised options
and converted warrants based on the
average market price during the
period) 1,569 240,000 1,093,000 331,000
------------ ---------- ----------- ------------
35,757,000 33,862,000 35,025,000 33,930,000
------------ ---------- ----------- ------------
-----------------------------------------------------------
Diluted earnings per common and
common stock equivalent shares: $ 3.45 $ 0.02 $ 3.52 $ 0.07
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