Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.3.1.900
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Assets under management or administration $ 333,684 $ 294,223 $ 200,568
Subscription and licensing 75,280 48,787 36,876
Professional services and other 11,955 5,738 5,091
Total revenues 420,919 348,748 242,535
Operating expenses:      
Cost of revenues 161,309 150,067 98,970
Compensation and benefits 139,756 104,457 77,442
General and administration 72,227 54,321 44,808
Depreciation and amortization 27,962 18,651 15,329
Restructuring charges 673   474
Total operating expenses 401,927 327,496 237,023
Income from operations 18,992 21,252 5,512
Other income:      
Interest income 338 139 18
Interest expense (10,271) (626)  
Other income (expense), net (71) 1,742 182
Total other income (expense) (10,004) 1,255 200
Income before income tax provision 8,988 22,507 5,712
Income tax provision 4,552 8,528 2,052
Net income 4,436 13,979 3,660
Add: Net loss attributable to non-controlling interest   195  
Net income attributable to Envestnet, Inc. $ 4,436 $ 14,174 $ 3,660
Net income per share attributable to Envestnet, Inc.:      
Basic (in dollars per share) $ 0.12 $ 0.41 $ 0.11
Diluted (in dollars per share) $ 0.12 $ 0.38 $ 0.10
Weighted average common shares outstanding:      
Basic (in shares) 36,500,843 34,559,558 33,191,088
Diluted (in shares) 38,386,873 36,877,599 35,666,575