Attached files
| file | filename |
|---|---|
| EX-95 - EXHIBIT 95 - MATERION Corp | mtrn-ex95_2015102q310q.htm |
| EX-32 - EXHIBIT 32 - MATERION Corp | mtrn-ex32_2015102q310q.htm |
| EX-31.1 - EXHIBIT 31.1 - MATERION Corp | mtrn-ex311_2015102q310q.htm |
| EX-31.2 - EXHIBIT 31.2 - MATERION Corp | mtrn-ex312_2015102q310q.htm |
| 10-Q - 10-Q - MATERION Corp | mtrn_2015102q310q.htm |
Exhibit 11
MATERION CORPORATION AND SUBSIDIARIES
COMPUTATION OF PER SHARE EARNINGS
Third Quarter Ended | Nine Months Ended | |||||||||||||||
Oct. 2, | Sept. 26, | Oct. 2, | Sept. 26, | |||||||||||||
(Thousands, except per share amounts) | 2015 | 2014 | 2015 | 2014 | ||||||||||||
Basic: | ||||||||||||||||
Average shares outstanding | 20,087 | 20,490 | 20,128 | 20,579 | ||||||||||||
Net Income | $ | 6,936 | $ | 12,644 | $ | 25,443 | $ | 29,865 | ||||||||
Per share amount | $ | 0.35 | $ | 0.62 | $ | 1.26 | $ | 1.45 | ||||||||
Diluted: | ||||||||||||||||
Average shares outstanding | 20,087 | 20,490 | 20,128 | 20,579 | ||||||||||||
Dilutive stock securities based on the treasury stock method using average market price | 296 | 380 | 330 | 392 | ||||||||||||
Total | 20,383 | 20,870 | 20,458 | 20,971 | ||||||||||||
Net Income | $ | 6,936 | $ | 12,644 | $ | 25,443 | $ | 29,865 | ||||||||
Per share amount | $ | 0.34 | $ | 0.61 | $ | 1.24 | $ | 1.42 | ||||||||
Stock appreciation rights with exercise prices in excess of the average market price of common shares totaling 160,000 for the quarter ended October 2, 2015 and 237,000 for the quarter ended September 26, 2014 and 125,000 for the first nine months ended October 2, 2015 and 296,000 for the first nine months ended September 26, 2014, were excluded from the dilution calculation as their effect would have been anti-dilutive.