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EXHIBIT 11
BRUSH WELLMAN INC. AND SUBSIDIARIES
COMPUTATION OF PER SHARE EARNINGS
SECOND QUARTER ENDED SIX MONTHS ENDED
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JULY 2, JULY 3, JULY 2, JULY 3,
1999 1998 1999 1998
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Basic:
Average shares outstanding........... 16,197,328 16,372,170 16,195,533 16,344,844
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Net income........................... $ 3,233,000 $(13,084,000) $ 5,719,000 $(6,922,000)
Per share amount..................... $ 0.20 $ (0.80) $ 0.35 $ (0.42)
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Diluted:
Average shares outstanding........... 16,197,328 16,372,170 16,195,533 16,344,844
Dilutive stock options based on the
treasury stock method using
average market price.............. 71,764 -- 57,026 --
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Totals....................... 16,269,092 16,372,170 16,252,559 16,344,844
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Net income........................... $ 3,233,000 $(13,084,000) $ 5,719,000 $(6,922,000)
Per share amount..................... $ 0.20 $ (0.80) $ 0.35 $ (0.42)
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