Envestnet, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share

Net Income (Loss) Per Share

3 Months Ended

Mar. 31, 2024

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


	Three Months Ended
	March 31,
		2024		2023

		(in thousands, except share and per share data)
Net income (loss) attributable to Envestnet, Inc.		$	2,513	$	(41,228)
Weighted average common shares outstanding:
Basic		54,884,074		54,143,259
Effect of dilutive shares:

Non-vested RSUs and PSUs		473,738		—
Options to purchase common stock		27,254		—

Diluted		55,385,066		54,143,259
Net income (loss) attributable to Envestnet, Inc., per share:
Basic		$	0.05	$	(0.76)
Diluted		$	0.05	$	(0.76)

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


	Three Months Ended
	March 31,
		2024	2023

Convertible Notes		10,811,884	11,470,645
Non-vested RSUs and PSUs		830,315	2,431,316
Options to purchase common stock		133,410	240,081

Total anti-dilutive securities		11,775,609	14,142,042