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EXHIBIT 11
BRUSH WELLMAN INC. AND SUBSIDIARIES
COMPUTATION OF PER SHARE EARNINGS
1996 1995 1994
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Primary:
Average shares outstanding 15,975,337 16,198,575 16,102,350
Dillutive stock options based
on the treasury stock method
using the higher of average
or closing market price 172,357 206,360 80,484
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TOTALS 16,147,694 16,404,935 16,182,834
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Net Income $24,491,000 $20,689,000 $18,550,000
Per share amount $ 1.52 $ 1.26 $ 1.15
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Fully diluted:
Average shares outstanding 15,975,337 16,198,575 16,102,350
Dillutive stock options based
on the treasury stock method
using the highest of average
or closing market price 172,894 209,978 140,983
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TOTALS 16,148,231 16,408,553 16,243,333
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Net Income $24,491,000 $20,689,000 $18,550,000
Per share amount $ 1.52 $ 1.26 $ 1.14
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