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, 2014

12. Earnings Per Share

Basic net income per share attributable to Envestnet, Inc. is computed by dividing net income available to common stockholders by the weighted average number of shares of common stock outstanding for the period. For the calculation of diluted earnings per share attributable to Envestnet, Inc., the basic weighted average number of shares is increased by the dilutive effect of stock options, common warrants and restricted stock using the treasury-stock method.

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

	Three Months Ended
	March 31,
	2014		2013

Net income attributable to Envestnet, Inc.	$	2,994	$	541

Basic number of weighted-average shares outstanding	34,115,444		32,374,976
Effect of dilutive shares:
Options to purchase common stock	2,230,313		1,331,120
Common warrants	—		388,222
Unvested restricted stock	213,226		175,621
Diluted number of weighted-average shares outstanding	36,558,983		34,269,939

Net income per share attributable to Envestnet, Inc.:
Basic	$	0.09	$	0.02

Diluted	$	0.08	$	0.02

Common share equivalents for securities that were anti-dilutive and therefore excluded from the computation of diluted net income per share attributable to Envestnet, Inc. were as follows:

	Three Months Ended
	March 31,
	2014	2013

Options to purchase common stock	—	190,413
Unvested restricted stock	87,381	377,926

- Definition

The entire disclosure for earnings per share.

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