Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - MATERION Corp | mtrn_201573q210q.htm |
| EX-32 - EXHIBIT 32 - MATERION Corp | mtrn-ex32_201573q210q.htm |
| EX-95 - EXHIBIT 95 - MATERION Corp | mtrn-ex95_201573q210q.htm |
| EX-31.2 - EXHIBIT 31.2 - MATERION Corp | mtrn-ex312_201573q210q.htm |
| EX-31.1 - EXHIBIT 31.1 - MATERION Corp | mtrn-ex311_201573q210q.htm |
Exhibit 11
MATERION CORPORATION AND SUBSIDIARIES
COMPUTATION OF PER SHARE EARNINGS
Second Quarter Ended | Six Months Ended | |||||||||||||||
Jul. 3, | Jun. 27, | Jul. 3, | Jun. 27, | |||||||||||||
(Thousands, except per share amounts) | 2015 | 2014 | 2015 | 2014 | ||||||||||||
Basic: | ||||||||||||||||
Average shares outstanding | 20,153 | 20,642 | 20,149 | 20,625 | ||||||||||||
Net Income | $ | 8,878 | $ | 9,974 | $ | 18,507 | $ | 17,305 | ||||||||
Per share amount | $ | 0.44 | $ | 0.48 | $ | 0.92 | $ | 0.84 | ||||||||
Diluted: | ||||||||||||||||
Average shares outstanding | 20,153 | 20,642 | 20,149 | 20,625 | ||||||||||||
Dilutive stock securities based on the treasury stock method using average market price | 308 | 359 | 305 | 358 | ||||||||||||
Total | 20,461 | 21,001 | 20,454 | 20,983 | ||||||||||||
Net Income | $ | 8,878 | $ | 9,974 | $ | 18,507 | $ | 17,305 | ||||||||
Per share amount | $ | 0.43 | $ | 0.47 | $ | 0.90 | $ | 0.82 | ||||||||
Stock appreciation rights with exercise prices in excess of the average market price of common shares totaling 478,000 for the quarter ended July 3, 2015 and 409,000 for the quarter ended June 27, 2014 and 428,000 for the first half ended July 3, 2015 and 562,000 for the first half ended June 27, 2014 were excluded from the dilution calculation as their effect would have been anti-dilutive.