INTRENET, INC. STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS Three Months Ended June 30, Six Months Ended June 30, 1997 1996 1997 1996 Weighted average shares outstanding during period 13,450,303 13,227,338 13,444,088 13,221,481 Assumed exercise of options and warrants 228,456 165,148 185,906 184,479 Shares assumed for fully diluted earnings per share 13,678,759 13,392,486 13,629,994 13,405,960 Earnings for the period: ($ in Thousands) Net earnings $ 714 $ 155 $ 462 $ (1,319) Earnings per common and common equivalent share: Primary: $ 0.05 $ 0.01 $ 0.03 $ (0.10) Fully diluted: $ N/A $ N/A $ N/A $ N/A Exhibit 11