Envestnet, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Data (Unaudited) (Tables)

Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2013

Quarterly Financial Data (Unaudited)

	2013
	First		Second		Third		Fourth
Total revenues	$	46,625	$	51,632	$	69,880	$	74,398
Income from operations (1)	588		1,757		1,737		1,430
Net income	541		1,118		1,306		695
Net income per share
Basic	0.02		0.03		0.04		0.02
Diluted	0.02		0.03		0.04		0.01

	2012
	First		Second			Third		Fourth
Total revenues	$	32,642	$	37,962		$	42,283	$	44,379
Income (loss) from operations (2) (3)	1,232		(1,132		)	920		2,022
Net income (loss) (4)	740		(668		)	551		(158		)
Net income (loss) per share
Basic	0.02		(0.02		)	0.02		(0.01		)
Diluted	0.02		(0.02		)	0.02		(0.01		)

(1) Included in income from operations for the first quarter, second quarter, third quarter and fourth quarter of 2013 is $350, $705, $1,118 and $1,124, respectively, of restructuring and transaction related costs.

(2) During the fourth quarter, the Company recorded a post closing adjustment that resulted in an increase of $305 to income (loss) from operations to adjust the vacation accrual.

(3) Included in income (loss) from operations for the first quarter, second quarter, third quarter and fourth quarter of 2012 is $644, $1,353, $215 and $506, respectively, of restructuring and transaction related costs.

(4) During the fourth quarter, the Company recorded certain post closing adjustments to income taxes including $848 related to additional India income taxes and $392 in additional income taxes primarily to correct deferred tax assets related to net operating loss carryforwards.