INTRENET, INC. STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS Three Months Ended June 30, Six Months Ended June 30, 1996 1995 1996 1995 Weighted average shares outstanding 13,227,338 13,197,728 13,221,481 11,409,687 during period Assumed exercise of options and 165,148 488,701 184,479 546,536 warrants Shares assumed for fully diluted earnings 13,392,486 13,686,429 13,405,960 11,956,223 per share Earnings for the period: ($ in Thousands) Net earnings $ 155 $ 669 $ (1,319) $ 931 Earnings per common and common equivalent share: Primary: $ 0.01 $ 0.05 $ (0.10) $ 0.08 Fully diluted: $ N/A $ N/A $ N/A $ N/A Exhibit 11