Annual report pursuant to Section 13 and 15(d)

Net Income (Loss) Per Share (Tables)

v3.19.3.a.u2
Net Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2019
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,
 
 
2019
 
2018
 
2017
Basic income (loss) per share calculation:
 
 

 
 

 
 

Net income (loss) attributable to Envestnet, Inc.
 
$
(16,782
)
 
$
5,755

 
$
(3,280
)
 
 
 
 
 
 
 
Basic number of weighted-average shares outstanding
 
50,937,919

 
45,268,002

 
43,732,148

Basic net income (loss) per share
 
$
(0.33
)
 
$
0.13

 
$
(0.08
)
 
 
 
 
 
 
 
Diluted income (loss) per share calculation:
 
 
 
 
 
 
Net income (loss) attributable to Envestnet, Inc.
 
$
(16,782
)
 
$
5,755

 
$
(3,280
)
 
 
 
 
 
 
 
Basic number of weighted-average shares outstanding
 
50,937,919

 
45,268,002

 
43,732,148

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
 
50,937,919

 
47,384,085

 
43,732,148

Diluted net income (loss) per share
 
$
(0.33
)
 
$
0.12

 
$
(0.08
)

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,
 
 
2019
 
2018
 
2017
Options to purchase common stock
 
1,150,586

 

 
2,254,565

Unvested restricted stock units and awards
 
1,572,988

 

 
1,766,639

Convertible Notes (1)
 
5,050,505

 
7,793,826

 
2,743,321

Warrants
 
470,000

 
470,000

 

Total anti-dilutive securities
 
8,244,079

 
8,263,826

 
6,764,525

(1)
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.