Item 2.02 Results of Operations and Financial Condition.
On October 25, 2012, Cerner Corporation ("Cerner") issued a press release
announcing, among other things, its financial results for the three and nine
month periods ended September 29, 2012. The press release is furnished as
Exhibit 99.1 and is attached hereto.
To supplement Cerner's consolidated financial statements presented in accordance
with U.S. Generally Accepted Accounting Principles ("GAAP"), Cerner uses
non-GAAP financial measures of adjusted net earnings and adjusted diluted
earnings per share. Both adjusted net earnings and adjusted diluted earnings per
share are adjusted from results based on GAAP to exclude certain share-based
compensation expenses. Cerner also discloses certain non-GAAP measures, such as
bookings and backlog (which includes contract backlog and support and
maintenance backlog), and the non-GAAP financial measure free cash flow (which
is defined as GAAP cash flows from operating activities less capital purchases
and capitalized software development costs). These non-GAAP measures are
provided to enhance the user's overall understanding of our financial
performance, and as required, are also reconciled to GAAP. These measurements
are not recognized in accordance with GAAP and should not be viewed as an
alternative to GAAP measures of performance.
The information contained in this Form 8-K (including Exhibit 99.1) is being
furnished and shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, or otherwise be subject to the
liabilities of that section. The information in this Item 2.02 shall not be
incorporated by reference into any registration statement or other document
pursuant to the Securities Act of 1933 or the Securities Exchange Act of 1934,
except as otherwise expressly stated in such filing.
Item 9.01 Financial Statements and Exhibits.
d) Exhibits
99.1 Press Release of Cerner Corporation dated October 25, 2012.