Net Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2020

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