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CERN > SEC Filings for CERN > Form 8-K on 12-Dec-2013All Recent SEC Filings

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Form 8-K for CERNER CORP /MO/


12-Dec-2013

Other Events


Item 8.01 Other Events.
On December 10, 2013 Cerner Corporation ("Cerner") received an Interim Award ruling on a pending arbitration matter between Cerner and a client awarding the client damages and awarding Cerner part of its counterclaim to collect accounts receivable. This matter was previously disclosed in Cerner's Form 10-Q filed October 25, 2013, Part II, Item 1.

Cerner strongly disagrees with the award, but anticipates taking a charge to its earnings for the quarter ending December 28, 2013 of approximately $0.18 to $0.19 of diluted earnings per share.

Cerner takes pride in working closely with clients to achieve successful outcomes. Cerner believes this claim was based on unique circumstances, with the award representing the only material judgment against Cerner in its 34-year history.


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