Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.8.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues:      
Assets under management or administration $ 410,016 $ 352,498 $ 333,684
Subscription and licensing 245,867 198,125 75,280
Professional services and other 27,796 27,541 11,955
Total revenues 683,679 578,164 420,919
Operating expenses:      
Cost of revenues 219,037 180,590 161,309
Compensation and benefits 264,392 241,584 139,756
General and administration 121,010 115,435 72,900
Depreciation and amortization 62,820 63,999 27,962
Total operating expenses 667,259 601,608 401,927
Income (loss) from operations 16,420 (23,444) 18,992
Other income (expense):      
Interest income 201 37 338
Interest expense (16,347) (16,600) (10,271)
Other expense, net (1,963) (483) (71)
Total other expense, net (18,109) (17,046) (10,004)
Income (loss) before income tax provision (1,689) (40,490) 8,988
Income tax provision 1,591 15,077 4,552
Net income (loss) (3,280) (55,567) 4,436
Net income (loss) attributable to Envestnet, Inc $ (3,280) $ (55,567) $ 4,436
Net income (loss) per share attributable to Envestnet, Inc.:      
Basic (in dollars per share) $ (0.08) $ (1.30) $ 0.12
Diluted (in dollars per share) $ (0.08) $ (1.30) $ 0.12
Weighted average common shares outstanding:      
Basic (in shares) 43,732,148 42,814,222 36,500,843
Diluted (in shares) 43,732,148 42,814,222 38,386,873