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EXHIBIT 11
BRUSH WELLMAN INC. AND SUBSIDIARIES
COMPUTATION OF PER SHARE EARNINGS
FIRST QUARTER ENDED
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March 28, March 29,
1997 1996
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Primary:
Average shares outstanding 16,287,458 16,114,128
Dillutive stock options based
on the treasury stock method
using average market price 141,099 20,353
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TOTALS 16,428,557 16,134,481
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Net Income $ 6,490,000 $ 5,115,000
Per share amount $ 0.39 $ 0.32
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Fully diluted:
Average shares outstanding 16,287,458 16,114,128
Dillutive stock options based
on the treasury stock method
using average market price 204,037 21,013
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TOTALS 16,491,495 16,135,141
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Net Income $ 6,490,000 $ 5,115,000
Per share amount $ 0.39 $ 0.32
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