Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.21.2
Net Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2021
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.:
  Three Months Ended Six Months Ended
  June 30, June 30,
  2021 2020 2021 2020
(in thousands, except share and per share data)
Net income (loss) attributable to Envestnet, Inc. (a)
$ (8,281) $ (4,924) $ 6,665  $ (12,260)
Weighted-average common shares outstanding:
Basic (b)
54,440,388  53,562,850  54,325,353  53,288,741 
Effect of dilutive shares:
Options to purchase common stock —  —  210,381  — 
Unvested restricted stock units —  —  536,186  — 
Warrants —  —  65,026  — 
Diluted (c)
54,440,388  53,562,850  55,136,946  53,288,741 
Net income (loss) per share attributable to Envestnet, Inc common stock:
Basic (a/b)
$ (0.15) $ (0.09) $ 0.12  $ (0.23)
Diluted (a/c)
$ (0.15) $ (0.09) $ 0.12  $ (0.23)
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:
Three Months Ended Six Months Ended
  June 30, June 30,
  2021 2020 2021 2020
Options to purchase common stock 405,638  600,924  —  600,924 
Unvested RSUs and PSUs 2,161,056  1,922,978  39,652  1,922,978 
Warrants 470,000  470,000  —  470,000 
Convertible Notes 9,898,549  5,050,505  9,898,549  5,050,505 
Total anti-dilutive securities 12,935,243  8,044,407  9,938,201  8,044,407