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

Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

Earnings Per Share

3 Months Ended

Mar. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share

13.

Earnings Per Share

Basic earnings per share is computed by dividing net earnings available to common stockholders by the weighted average number of shares of common stock outstanding for the period. Diluted earnings per share reflects the weighted average number of shares outstanding after the assumed conversion of all dilutive securities.

The following is a reconciliation of net earnings to basic earnings per share and diluted earnings per share:


	Three Months Ended
	March 31,
	2012		2011
Net income	$	740	$	1,404


Basic number of weighted-average shares outstanding		31,857,598		31,433,964
Effect of dilutive shares:
Options to purchase common stock		897,225		1,137,492
Common warrants		143,042		301,144
Unvested restricted stock		4,104		—

Diluted number of weighted-average shares outstanding		32,901,969		32,872,600

Net income per share:
Basic	$	0.02	$	0.04

Diluted	$	0.02	$	0.04

Common share equivalents for securities that were anti-dilutive and therefore excluded from the computation of diluted earnings per share was as follows:


	Three Months Ended
	March 31,
	2012		2011
Options to purchase common stock		637,985		—
Unvested restricted stock		196,800		—

- Definition

The entire disclosure for earnings per share.

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