Envestnet, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Net Income (Loss) Per Share (Tables)

Net Income (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of reconciliation of the numerators and denominators used in computing basic and diluted net income (loss) per share attributable to common stockholders

The following table provides the numerators and denominators used in computing basic and diluted net income (loss) per share attributable to Envestnet, Inc.:



	Year Ended December 31,
	2019			2018		2017
Basic income (loss) per share calculation:
Net income (loss) attributable to Envestnet, Inc.	$	(16,782	)	$	5,755	$	(3,280	)

Basic number of weighted-average shares outstanding	50,937,919			45,268,002		43,732,148
Basic net income (loss) per share	$	(0.33	)	$	0.13	$	(0.08	)

Diluted income (loss) per share calculation:
Net income (loss) attributable to Envestnet, Inc.	$	(16,782	)	$	5,755	$	(3,280	)

Basic number of weighted-average shares outstanding	50,937,919			45,268,002		43,732,148
Effect of dilutive shares:
Options to purchase common stock	—			1,304,493		—
Unvested restricted stock units	—			811,590		—
Convertible Notes	—			—		—
Warrants	—			—		—
Diluted number of weighted-average shares outstanding	50,937,919			47,384,085		43,732,148
Diluted net income (loss) per share	$	(0.33	)	$	0.12	$	(0.08	)

Schedule of anti-dilutive securities excluded from computation of diluted earnings per share

Securities that were anti-dilutive and therefore excluded from the computation of diluted net income (loss) per share are as follows:



	December 31,
	2019	2018	2017
Options to purchase common stock	1,150,586	—	2,254,565
Unvested restricted stock units and awards	1,572,988	—	1,766,639
Convertible Notes ⁽¹⁾	5,050,505	7,793,826	2,743,321
Warrants	470,000	470,000	—
Total anti-dilutive securities	8,244,079	8,263,826	6,764,525

(1)

For 2019, this amount does not include 2,743,321 of potential common shares related to the Convertible Notes due 2019 as they were settled in cash at maturity in December 2019.