95 Firebird Coolant leak/Overheat issue

Over the weekend my 95 Firebird 3.4 liter overheated. Was driving on the highway, my temp gauge jumped up, i drove my car maybe 2 miles to home. once i parked it and turned it off, alittle smoke came from the hood. But coolant flushed out of the bottom of the car. Any ideas on what is could be or fix?

(that is the hole the coolant is flushing out of. Behind the oil pan and in front of the transmisson(auto). Flywheel?