| 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.:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three Months Ended |
|
Six Months Ended |
| |
|
June 30, |
|
June 30, |
| |
|
2021 |
|
2020 |
|
2021 |
|
2020 |
|
|
|
|
|
|
|
|
|
|
|
(in thousands, except share and per share data) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) attributable to Envestnet, Inc. (a)
|
|
$ |
(8,281) |
|
|
$ |
(4,924) |
|
|
$ |
6,665 |
|
|
$ |
(12,260) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted-average common shares outstanding: |
|
|
|
|
|
|
|
|
Basic (b)
|
|
54,440,388 |
|
|
53,562,850 |
|
|
54,325,353 |
|
|
53,288,741 |
|
| Effect of dilutive shares: |
|
|
|
|
|
|
|
|
| Options to purchase common stock |
|
— |
|
|
— |
|
|
210,381 |
|
|
— |
|
| Unvested restricted stock units |
|
— |
|
|
— |
|
|
536,186 |
|
|
— |
|
|
|
|
|
|
|
|
|
|
| Warrants |
|
— |
|
|
— |
|
|
65,026 |
|
|
— |
|
Diluted (c)
|
|
54,440,388 |
|
|
53,562,850 |
|
|
55,136,946 |
|
|
53,288,741 |
|
|
|
|
|
|
|
|
|
|
| Net income (loss) per share attributable to Envestnet, Inc common stock: |
|
|
|
|
|
|
|
|
Basic (a/b)
|
|
$ |
(0.15) |
|
|
$ |
(0.09) |
|
|
$ |
0.12 |
|
|
$ |
(0.23) |
|
Diluted (a/c)
|
|
$ |
(0.15) |
|
|
$ |
(0.09) |
|
|
$ |
0.12 |
|
|
$ |
(0.23) |
|
|
| 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:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
Six Months Ended |
| |
|
June 30, |
|
June 30, |
| |
|
2021 |
|
2020 |
|
2021 |
|
2020 |
| Options to purchase common stock |
|
405,638 |
|
|
600,924 |
|
|
— |
|
|
600,924 |
|
| Unvested RSUs and PSUs |
|
2,161,056 |
|
|
1,922,978 |
|
|
39,652 |
|
|
1,922,978 |
|
| Warrants |
|
470,000 |
|
|
470,000 |
|
|
— |
|
|
470,000 |
|
| Convertible Notes |
|
9,898,549 |
|
|
5,050,505 |
|
|
9,898,549 |
|
|
5,050,505 |
|
| Total anti-dilutive securities |
|
12,935,243 |
|
|
8,044,407 |
|
|
9,938,201 |
|
|
8,044,407 |
|
|