Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.7.0.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Assets under management or administration $ 94,162 $ 82,871
Subscription and licensing 57,910 43,620
Professional services and other 5,714 5,330
Total revenues 157,786 131,821
Operating expenses:    
Cost of revenues 49,226 40,158
Compensation and benefits 65,532 62,616
General and administration 30,547 25,727
Depreciation and amortization 15,835 16,080
Total operating expenses 161,140 144,581
Loss from operations (3,354) (12,760)
Other expense, net (5,483) (3,949)
Loss before income tax provision (8,837) (16,709)
Income tax provision (benefit) 4,298 (5,716)
Net loss (13,135) (10,993)
Net loss attributable to Envestnet, Inc. $ (13,135) $ (10,993)
Net loss per share attributable to Envestnet, Inc.:    
Basic (in dollars per share) $ (0.30) $ (0.26)
Diluted (in dollars per share) $ (0.30) $ (0.26)
Weighted average common shares outstanding:    
Basic (in shares) 43,362,037 42,506,557
Diluted (in shares) 43,362,037 42,506,557