Net Income (Loss) Per Share (Tables)

9 Months Ended

Sep. 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				Nine Months Ended
	September 30,				September 30,
	2021		2020		2021		2020
	(in thousands, except share and per share data)
Net income (loss) attributable to Envestnet, Inc. (a)	$	11,740	$	1,910	$	18,405	$	(10,350)
Weighted-average common shares outstanding:
Basic (b)	54,547,858		53,800,048		54,400,247		53,464,101
Effect of dilutive shares:
Options to purchase common stock	201,103		331,728		207,281		—
Unvested restricted stock units	570,515		610,442		614,005		—
Convertible Notes	—		730,267		—		—
Warrants	69,151		86,498		66,439		—
Diluted (c)	55,388,627		55,558,983		55,287,972		53,464,101
Net income (loss) per share attributable to Envestnet, Inc common stock:
Basic (a/b)	$	0.22	$	0.04	$	0.34	$	(0.19)
Diluted (a/c)	$	0.21	$	0.03	$	0.33	$	(0.19)

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		Nine Months Ended
	September 30,		September 30,
	2021	2020	2021	2020
Options to purchase common stock	—	—	—	556,252
Unvested RSUs and PSUs	—	—	—	1,766,715
Warrants	—	—	—	470,000
Convertible Notes	9,898,549	4,848,044	9,898,549	9,898,549
Total anti-dilutive securities	9,898,549	4,848,044	9,898,549	12,691,516