EX-11 2 mtrn-ex11_2013628xq2.htm EX-11 MTRN-EX11_2013.6.28-Q2

Exhibit 11

MATERION CORPORATION AND SUBSIDIARIES
COMPUTATION OF PER SHARE EARNINGS

 
 
Second Quarter Ended
 
First Half Ended
 
 
Jun. 28,
 
Jun. 29,
 
Jun. 28,
 
Jun. 29,
 
 
2013
 
2012
 
2013
 
2012
Basic:
 
 
 
 
 
 
 
 
Average shares outstanding
 
20,566,000

 
20,430,000

 
20,524,000

 
20,400,000

Net Income
 
$
8,909,000

 
$
7,929,000

 
$
15,694,000

 
$
14,047,000

Per share amount
 
$
0.43

 
$
0.39

 
0.76

 
0.69

 
 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
 
Average shares outstanding
 
20,566,000

 
20,430,000

 
20,524,000

 
20,400,000

Dilutive stock securities based on the treasury stock method using average market price
 
303,000

 
236,000

 
321,000

 
287,000

      Totals
 
20,869,000

 
20,666,000

 
20,845,000

 
20,687,000

Net Income
 
$
8,909,000

 
$
7,929,000

 
$
15,694,000

 
$
14,047,000

Per share amount
 
$
0.43

 
$
0.38

 
0.75

 
0.68