INTRENET, INC. STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS 1996 1995 1994 Weighted average shares outstanding during period 13,427,338 13,197,728 9,080,131 Assumed exercise of options and warrants 136,493 605,209 884,370 Shares assumed for primary earnings per share 13,563,831 13,802,937 9,964,501 Effect on number of shares of using yearend share price for fully diluted calculation - - 83,198 Assumed conversion of 7% Convertible Subordinated Debentures - - 3,636,363 Shares assumed for fully diluted earnings per share 13,563,831 13,802,937 13,684,062 Earnings (loss) for the period: ($ in Thousands) Net earnings $ (3,475) $ (212) $ 5,165 Earnings (loss) per common and common equivalent share: Primary $ ($0.26) $ ($0.02) $ $0.52 Fully Diluted $ ($0.26) $ ($0.02) $ $0.40 EXHIBIT 11