INTRENET, INC. STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS Three Months Ended Six Months Ended June 30, June 30, 1995 1994 1995 1994 Weighted average shares outstanding during period 13,197,728 9,078,720 11,409,687 9,072,942 Assumed exercise of options and warrants 488,701 914,080 546,536 907,530 Shares assumed for primary earnings per share 13,686,429 9,992,800 11,956,223 9,980,472 Assumed conversion of 7% Convertible Subordinated Debentures - 3,636,364 - 3,636,364 Shares assumed for fully diluted earnings per share N/A 13,629,164 N/A 13,616,836 Earnings for the period: ($ in Thousands) Net earnings $ 669 $ 1,935 $ 931 $ 2,967 Earnings per common and common equivalent share: Primary $ 0.05 $ 0.19 $ 0.08 $ 0.30 Fully diluted $ 0.05 $ 0.15 $ 0.08 $ 0.23 EXHIBIT 11