EX-11 2 0002.txt Exhibit 11 CERNER CORPORATION AND SUBSIDIARIES COMPUTATION OF EARNINGS PER COMMON SHARE Three Months Ended Nine Months Ended September 30, October 2, September 30, October 2, ---------------------------- ---------------------------- 2000 1999 2000 1999 ----------------------------- ---------------------------- 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 ===========================================================