EXHIBIT 11 Intermet Corporation Computation of Earnings Per Common Share 1995 1994 1993 ------------------------------------------ Net Income (loss) $25,395,000 $(10,985,000) $(20,504,000) ----------------------------------------- Weighted average number of shares outstanding 24,768,578 24,590,873 24,563,849 Add dilutive effect of outstanding warrants and options 124,472 -- -- --------------------------------------- Weighted average number of shares and equivalent shares outstanding 24,893,050 24,590,873 24,563,849 --------------------------------------- Net income (loss) per share $1.02 $(.45) $(.83) --------------------------------- The fully diluted earnings per share calculation has not been presented as the - ------------------------------------------------------------------------------ resulting income (loss) per share does not differ from the above. - ----------------------------------------------------------------