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.:
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Three Months Ended |
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Nine Months Ended |
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September 30, |
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September 30, |
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2020 |
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2019 |
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2020 |
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2019 |
Basic net income (loss) per share calculation: |
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Net income (loss) attributable to Envestnet, Inc. |
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$ |
1,910 |
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$ |
(3,080) |
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$ |
(10,350) |
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$ |
(20,372) |
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Basic number of weighted-average shares outstanding |
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53,800,048 |
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52,215,469 |
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53,464,101 |
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50,414,427 |
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Basic net income (loss) per share |
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$ |
0.04 |
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$ |
(0.06) |
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$ |
(0.19) |
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$ |
(0.40) |
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Diluted net income (loss) per share calculation: |
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Net income (loss) attributable to Envestnet, Inc. |
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$ |
1,910 |
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$ |
(3,080) |
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$ |
(10,350) |
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$ |
(20,372) |
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Basic number of weighted-average shares outstanding |
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53,800,048 |
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52,215,469 |
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53,464,101 |
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50,414,427 |
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Effect of dilutive shares: |
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Options to purchase common stock |
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331,728 |
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— |
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— |
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— |
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Unvested restricted stock units |
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610,442 |
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— |
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— |
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— |
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Convertible notes |
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730,267 |
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— |
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— |
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— |
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Warrants |
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86,498 |
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— |
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— |
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— |
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Diluted number of weighted-average shares outstanding |
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55,558,983 |
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52,215,469 |
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53,464,101 |
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50,414,427 |
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Diluted net income (loss) per share
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$ |
0.03 |
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$ |
(0.06) |
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$ |
(0.19) |
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$ |
(0.40) |
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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 were as follows:
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Three Months Ended |
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Nine Months Ended |
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September 30, |
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September 30, |
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2020 |
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2019 |
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2020 |
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2019 |
Options to purchase common stock |
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— |
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1,394,009 |
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556,252 |
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1,394,009 |
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Unvested RSUs and PSUs |
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— |
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1,787,608 |
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1,766,715 |
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1,787,608 |
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Warrants |
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— |
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470,000 |
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470,000 |
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470,000 |
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Convertible Notes |
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4,848,044 |
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7,793,826 |
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9,898,734 |
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7,793,826 |
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Total anti-dilutive securities |
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4,848,044 |
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11,445,443 |
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12,691,701 |
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11,445,443 |
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