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EXCEL - IDEA: XBRL DOCUMENT - MATERION CorpFinancial_Report.xls
EX-31.2 - 31.2 - MATERION Corpmtrn-ex312_2014926xq3.htm
EX-32 - MATERION Corpmtrn-ex32_2014926xq3.htm
EX-10.3 - 10.3 - MATERION Corpmtrn-ex103_2014926xq3.htm
EX-31.1 - 31.1 - MATERION Corpmtrn-ex311_2014926xq3.htm
EX-10.2 - 10.2 - MATERION Corpmtrn-ex102_2014926xq3.htm
EX-95 - MATERION Corpmtrn-ex95_2014926xq3.htm
10-Q - 10-Q - MATERION Corpmtrn_201492610-q.htm
EX-10.1 - EXHIBIT - MATERION Corpmtrn-ex101_2014926xq3.htm

Exhibit 11

MATERION CORPORATION AND SUBSIDIARIES
COMPUTATION OF PER SHARE EARNINGS

 
 
Second Quarter Ended
 
First Half Ended
 
 
June 26,
 
June 28,
 
June 26,
 
June 28,
(Thousands, except per share amounts)
 
2014
 
2013
 
2014
 
2013
Basic:
 
 
 
 
 
 
 
 
Average shares outstanding
 
20,642

 
20,566

 
20,625

 
20,524

Net Income
 
$
9,974

 
$
4,155

 
$
17,305

 
$
10,940

Per share amount
 
$
0.48

 
$
0.20

 
$
0.84

 
$
0.53

 
 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
 
Average shares outstanding
 
20,642

 
20,566

 
20,625

 
20,524

Dilutive stock securities based on the treasury stock method using average market price
 
359

 
303

 
358

 
321

      Totals
 
21,001

 
20,869

 
20,983

 
20,845

Net Income
 
$
9,974

 
$
4,155

 
$
17,305

 
$
10,940

Per share amount
 
$
0.47

 
$
0.20

 
$
0.82

 
$
0.52


Stock appreciation rights with exercise prices in excess of the average market price of common shares totaling 409,000 for the quarter ended June 27, 2014 and 523,000 for the quarter ended June 28, 2013 and 562,000 for the first half ended June 27, 2014 and 470,000 for the first half ended June 28, 2013 were excluded from the dilution calculation as their effect would have been anti-dilutive.