Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.22.2
Net Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2022
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,
  2022 2021 2022 2021
(in thousands, except share and per share data)
Net income (loss) attributable to Envestnet, Inc. (a)
$ (23,285) $ (8,281) $ (37,144) $ 6,665 
Weighted-average common shares outstanding:
Basic (b)
55,203,120  54,440,388  55,054,272  54,325,353 
Effect of dilutive shares:
Options to purchase common stock —  —  —  210,381 
Unvested restricted stock units —  —  —  536,186 
Warrants —  —  —  65,026 
Diluted (c)
55,203,120  54,440,388  55,054,272  55,136,946 
Net income (loss) per share attributable to Envestnet, Inc common stock:
Basic (a/b)
$ (0.42) $ (0.15) $ (0.67) $ 0.12 
Diluted (a/c)
$ (0.42) $ (0.15) $ (0.67) $ 0.12 
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,
  2022 2021 2022 2021
(in thousands)
Options to purchase common stock 319,585  405,638  319,585  — 
Unvested RSUs and PSUs 2,299,589  2,161,056  2,299,589  39,652 
Warrants 470,000  470,000  470,000  — 
Convertible Notes 9,898,549  9,898,549  9,898,549  9,898,549 
Total anti-dilutive securities 12,987,723  12,935,243  12,987,723  9,938,201