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, | | | 2022 | | 2021 | | 2022 | | 2021 | | | | | | | | | | | | (in thousands, except share and per share data) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net income (loss) attributable to Envestnet, Inc. (a) | | $ | (7,290) | | | $ | 11,740 | | | $ | (44,434) | | | $ | 18,405 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Weighted-average common shares outstanding: | | | | | | | | | Basic (b) | | 55,226,777 | | | 54,547,858 | | | 55,109,387 | | | 54,400,247 | | Effect of dilutive shares: | | | | | | | | | Options to purchase common stock | | — | | | 201,103 | | | — | | | 207,281 | | Unvested restricted stock units | | — | | | 570,515 | | | — | | | 614,005 | | | | | | | | | | | Warrants | | — | | | 69,151 | | | — | | | 66,439 | | Diluted (c) | | 55,226,777 | | | 55,388,627 | | | 55,109,387 | | | 55,287,972 | | | | | | | | | | | Net income (loss) per share attributable to Envestnet, Inc common stock: | | | | | | | | | Basic (a/b) | | $ | (0.13) | | | $ | 0.22 | | | $ | (0.81) | | | $ | 0.34 | | Diluted (a/c) | | $ | (0.13) | | | $ | 0.21 | | | $ | (0.81) | | | $ | 0.33 | |
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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, | | | 2022 | | 2021 | | 2022 | | 2021 | | | | | | (in thousands) | Options to purchase common stock | | 281,535 | | | — | | | 281,535 | | | — | | Unvested RSUs and PSUs | | 2,136,483 | | | — | | | 2,136,483 | | | — | | Warrants | | 470,000 | | | — | | | 470,000 | | | — | | Convertible Notes | | 9,898,549 | | | 9,898,549 | | | 9,898,549 | | | 9,898,549 | | Total anti-dilutive securities | | 12,786,567 | | | 9,898,549 | | | 12,786,567 | | | 9,898,549 | |
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