MATERION Corp Earnings Per Share Disclosure
| (Thousands except per share amounts) | 2025 | 2024 | 2023 | |||||||||||||||||
| Numerator for basic and diluted EPS: | ||||||||||||||||||||
| Net income | $ | 74,823 | $ | 5,888 | $ | 95,702 | ||||||||||||||
| Denominator: | ||||||||||||||||||||
| Denominator for basic EPS: | ||||||||||||||||||||
| Weighted-average shares outstanding | 20,755 | 20,732 | 20,619 | |||||||||||||||||
| Effect of dilutive securities: | ||||||||||||||||||||
| Stock appreciation rights | 47 | 78 | 85 | |||||||||||||||||
| Restricted stock units | 55 | 58 | 92 | |||||||||||||||||
| Performance-based restricted stock units | 55 | 60 | 115 | |||||||||||||||||
| Diluted potential common shares | 157 | 196 | 292 | |||||||||||||||||
| Denominator for diluted EPS: | ||||||||||||||||||||
| Adjusted weighted-average shares outstanding | 20,912 | 20,928 | 20,911 | |||||||||||||||||
| Basic EPS | $ | 3.61 | $ | 0.28 | $ | 4.64 | ||||||||||||||
| Diluted EPS | $ | 3.58 | $ | 0.28 | $ | 4.58 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 12, 2026 | Showing above |
| 2024 | Feb 19, 2025 | |
| 2023 | Feb 15, 2024 | |
| 2022 | Feb 16, 2023 | |
| 2021 | Feb 17, 2022 | |
| 2020 | Feb 18, 2021 | |
| 2019 | Feb 13, 2020 | |
| 2018 | Feb 14, 2019 | |
| 2017 | Feb 15, 2018 | |
| 2016 | Feb 17, 2017 | |
| 2015 | Feb 25, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.