Envestnet, Inc. Quarterly report pursuant to Section 13 or 15(d)

Income Taxes (Tables)

9 Months Ended

Sep. 30, 2012


	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Income (loss) before income taxes	$	923		$	3,031		$	1,043		$	9,471
Income tax provision		372			1,106			420			3,695
Effective tax rate		40.3	%		36.5	%		40.3	%		39.0	%


	September 30, 2012			December 31, 2011
Current:
Deferred revenue	$	176		$	30
Prepaid expenses and accruals		435			162

Net current deferred tax assets		611			192

Non-Current:
Deferred rent	$	644		$	535
Net operating loss and tax credit carry-forwards		17,535			9,910
Loss on investments		2,157			2,157
Amortization and depreciation		(12,236	)		(4,516	)
Other		2,531			2,050

Net long-term deferred tax assets		10,631			10,136


Net deferred tax assets		11,242			10,328
Less valuation allowance		(3,444	)		(3,444	)

	$	7,798		$	6,884