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EXHIBIT 11
BRUSH WELLMAN INC. AND SUBSIDIARIES
COMPUTATION OF PER SHARE EARNINGS
THIRD QUARTER ENDED NINE MONTHS ENDED
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OCT. 2, SEPT. 26, OCT. 2, SEPT. 26,
1998 1997 1998 1997
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Basic:
Average shares outstanding.......... 16,197,162 16,238,666 16,295,836 16,191,303
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Net Income.......................... $ 98,000 $ 3,989,000 $(6,824,000) $17,968,000
Per share amount.................... $ 0.01 $ 0.25 $ (0.42) $ 1.11
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Diluted:
Average shares outstanding.......... 16,197,162 16,238,666 16,295,836 16,191,303
Dilutive stock options based on the
treasury stock method using
average market price............. 55,481 290,693 -- 195,068
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TOTALS...................... 16,252,643 16,529,359 16,295,836 16,386,371
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Net Income.......................... $ 98,000 $ 3,989,000 $(6,824,000) $17,968,000
Per share amount.................... $ 0.01 $ 0.24 $ (0.42) $ 1.10
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