Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.10.0.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Total revenues $ 201,116 $ 167,417 $ 399,127 $ 325,203
Operating expenses:        
Cost of revenues 67,627 55,735 130,561 104,961
Compensation and benefits 80,210 64,996 163,750 130,528
General and administration 34,089 28,478 66,818 59,025
Depreciation and amortization 19,185 15,465 38,731 31,300
Total operating expenses 201,111 164,674 399,860 325,814
Income (loss) from operations 5 2,743 (733) (611)
Other expense, net (5,430) (4,369) (10,684) (9,852)
Loss before income tax provision (benefit) (5,425) (1,626) (11,417) (10,463)
Income tax provision (benefit) 566 4,844 (13,428) 9,142
Net income (loss) (5,991) (6,470) 2,011 (19,605)
Add: Net loss attributable to non-controlling interest 465   567  
Net income (loss) attributable to Envestnet, Inc. $ (5,526) $ (6,470) $ 2,578 $ (19,605)
Net income (loss) per share attributable to Envestnet, Inc.:        
Basic (in dollars per share) $ (0.12) $ (0.15) $ 0.06 $ (0.45)
Diluted (in dollars per share) $ (0.12) $ (0.15) $ 0.05 $ (0.45)
Weighted average common shares outstanding:        
Basic (in shares) 45,247,331 43,855,479 44,963,735 43,513,074
Diluted (in shares) 45,247,331 43,855,479 47,156,205 43,513,074
Asset-based        
Revenues:        
Total revenues $ 118,111 $ 98,959 $ 239,264 $ 193,121
Subscription-based        
Revenues:        
Total revenues 71,779 59,802 141,474 117,712
Recurring        
Revenues:        
Total revenues 189,890 158,761 380,738 310,833
Professional services and other revenues        
Revenues:        
Total revenues $ 11,226 $ 8,656 $ 18,389 $ 14,370