Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.6.0.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Assets under management or administration $ 352,498 $ 333,684 $ 294,223
Subscription and licensing 198,125 75,280 48,787
Professional services and other 27,541 11,955 5,738
Total revenues 578,164 420,919 348,748
Operating expenses:      
Cost of revenues 180,590 161,309 150,067
Compensation and benefits 241,584 139,756 104,457
General and administration 115,435 72,900 54,321
Depreciation and amortization 63,999 27,962 18,651
Total operating expenses 601,608 401,927 327,496
Income (loss) from operations (23,444) 18,992 21,252
Other income:      
Interest income 37 338 139
Interest expense (16,600) (10,271) (626)
Other income (expense), net (483) (71) 1,742
Total other income (expense) (17,046) (10,004) 1,255
Income (loss) before income tax provision (40,490) 8,988 22,507
Income tax provision 15,077 4,552 8,528
Net income (loss) (55,567) 4,436 13,979
Add: Net loss attributable to non-controlling interest     195
Net income (loss) attributable to Envestnet, Inc. $ (55,567) $ 4,436 $ 14,174
Net income (loss) per share attributable to Envestnet, Inc.:      
Basic (in dollars per share) $ (1.30) $ 0.12 $ 0.41
Diluted (in dollars per share) $ (1.30) $ 0.12 $ 0.38
Weighted average common shares outstanding:      
Basic (in shares) 42,814,222 36,500,843 34,559,558
Diluted (in shares) 42,814,222 38,386,873 36,877,599