Materion (MTRN) 10-Q 2011 Q2 Quarterly report

Exhibit 11

MATERION CORPORATION AND SUBSIDIARIES
COMPUTATION OF PER SHARE EARNINGS

	Second Quarter Ended				Six Months Ended
	July 1,		July 2,		July 1,		July 2,
	2011		2010		2011		2010
Basic:
Average shares outstanding		20,421,000		20,323,000		20,388,000		20,290,000
Net income	$	13,872,000	$	13,719,000	$	25,690,000	$	20,440,000
Per share amount	$	0.68	$	0.68	$	1.26	$	1.01
Diluted:
Average shares outstanding		20,421,000		20,323,000		20,388,000		20,290,000
Dilutive stock securities based on the treasury stock method using average market price		411,000		277,000		424,000		244,000
Totals		20,832,000		20,600,000		20,812,000		20,534,000
Net income	$	13,872,000	$	13,719,000	$	25,690,000	$	20,440,000
Per share amount	$	0.67	$	0.67	$	1.23	$	1.00