| Schedule of reconciliation of the numerators and denominators used in computing basic and diluted net 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, |
|
|
| |
|
2020 |
|
2019 |
|
2020 |
|
2019 |
| Basic net income (loss) per share calculation: |
|
|
|
|
|
|
|
|
| Net income (loss) attributable to Envestnet, Inc. |
|
$ |
(4,924) |
|
|
$ |
893 |
|
|
$ |
(12,260) |
|
|
$ |
(17,292) |
|
|
|
|
|
|
|
|
|
|
| Basic number of weighted-average shares outstanding |
|
53,562,850 |
|
|
50,870,296 |
|
|
53,288,741 |
|
|
49,526,774 |
|
| Basic net income (loss) per share |
|
$ |
(0.09) |
|
|
$ |
0.02 |
|
|
$ |
(0.23) |
|
|
$ |
(0.35) |
|
|
|
|
|
|
|
|
|
|
| Diluted net income (loss) per share calculation: |
|
|
|
|
|
|
|
|
| Net income (loss) attributable to Envestnet, Inc. |
|
$ |
(4,924) |
|
|
$ |
893 |
|
|
$ |
(12,260) |
|
|
$ |
(17,292) |
|
|
|
|
|
|
|
|
|
|
| Basic number of weighted-average shares outstanding |
|
53,562,850 |
|
|
50,870,296 |
|
|
53,288,741 |
|
|
49,526,774 |
|
| Effect of dilutive shares: |
|
|
|
|
|
|
|
|
| Options to purchase common stock |
|
— |
|
|
1,164,246 |
|
|
— |
|
|
— |
|
| Unvested restricted stock units |
|
— |
|
|
662,853 |
|
|
— |
|
|
— |
|
| Convertible notes |
|
— |
|
|
261,075 |
|
|
— |
|
|
— |
|
| Warrants |
|
— |
|
|
24,218 |
|
|
— |
|
|
— |
|
| Diluted number of weighted-average shares outstanding |
|
53,562,850 |
|
|
52,982,688 |
|
|
53,288,741 |
|
|
49,526,774 |
|
Diluted net income (loss) per share
|
|
$ |
(0.09) |
|
|
$ |
0.02 |
|
|
$ |
(0.23) |
|
|
$ |
(0.35) |
|
|
| 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 loss per share were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
|
Six Months Ended |
|
|
| |
|
June 30, |
|
|
|
June 30, |
|
|
| |
|
2020 |
|
2019 |
|
2020 |
|
2019 |
| Options to purchase common stock |
|
600,924 |
|
|
— |
|
|
600,924 |
|
|
1,654,241 |
|
| Unvested restricted stock awards and units |
|
1,922,978 |
|
|
— |
|
|
1,922,978 |
|
|
1,989,437 |
|
| Warrants |
|
470,000 |
|
|
— |
|
|
470,000 |
|
|
470,000 |
|
| Convertible Notes |
|
5,050,505 |
|
|
— |
|
|
5,050,505 |
|
|
7,793,826 |
|
| Total anti-dilutive securities |
|
8,044,407 |
|
|
— |
|
|
8,044,407 |
|
|
11,907,504 |
|
|