| 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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2021 |
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2020 |
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2021 |
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2020 |
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(in thousands, except share and per share data) |
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Net income (loss) attributable to Envestnet, Inc. (a)
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$ |
11,740 |
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$ |
1,910 |
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$ |
18,405 |
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$ |
(10,350) |
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| Weighted-average common shares outstanding: |
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Basic (b)
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54,547,858 |
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53,800,048 |
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54,400,247 |
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53,464,101 |
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| Effect of dilutive shares: |
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| Options to purchase common stock |
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201,103 |
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331,728 |
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207,281 |
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— |
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| Unvested restricted stock units |
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570,515 |
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610,442 |
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614,005 |
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— |
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| Convertible Notes |
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— |
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730,267 |
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— |
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— |
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| Warrants |
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69,151 |
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86,498 |
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66,439 |
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— |
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Diluted (c)
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55,388,627 |
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55,558,983 |
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55,287,972 |
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53,464,101 |
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| Net income (loss) per share attributable to Envestnet, Inc common stock: |
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Basic (a/b)
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$ |
0.22 |
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$ |
0.04 |
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$ |
0.34 |
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$ |
(0.19) |
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Diluted (a/c)
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$ |
0.21 |
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$ |
0.03 |
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$ |
0.33 |
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$ |
(0.19) |
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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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2021 |
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2020 |
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2021 |
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2020 |
| Options to purchase common stock |
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— |
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— |
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— |
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556,252 |
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| Unvested RSUs and PSUs |
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— |
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— |
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— |
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1,766,715 |
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| Warrants |
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— |
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— |
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— |
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470,000 |
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| Convertible Notes |
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9,898,549 |
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4,848,044 |
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9,898,549 |
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9,898,549 |
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| Total anti-dilutive securities |
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9,898,549 |
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4,848,044 |
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9,898,549 |
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12,691,516 |
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