Annual report pursuant to Section 13 and 15(d)

Net Income (Loss) Per Share (Tables)

v3.20.4
Net Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
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,
  2020 2019 2018
Basic income (loss) per share calculation:      
Net income (loss) attributable to Envestnet, Inc. $ (3,110) $ (16,782) $ 5,755 
Basic number of weighted-average shares outstanding 53,589,232  50,937,919  45,268,002 
Basic net income (loss) per share $ (0.06) $ (0.33) $ 0.13 
Diluted income (loss) per share calculation:
Net income (loss) attributable to Envestnet, Inc. $ (3,110) $ (16,782) $ 5,755 
Basic number of weighted-average shares outstanding 53,589,232  50,937,919  45,268,002 
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 53,589,232  50,937,919  47,384,085 
Diluted net income (loss) per share $ (0.06) $ (0.33) $ 0.12 
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,
  2020 2019 2018
Options to purchase common stock 438,040  1,150,586  — 
Unvested RSU's and PSU's 1,648,144  1,572,988  — 
Convertible Notes (1)
9,898,549  5,050,505  7,793,826 
Warrants 470,000  470,000  470,000 
Total anti-dilutive securities 12,454,733  8,244,079  8,263,826 
(1)For 2020, this amount includes 4,848,044 of additional potential common shares related to the Convertible Notes due 2025 which were issued in August 2020 (See “Note 10—Debt”). 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.