Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.8.0.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Assets under management or administration $ 106,147 $ 90,042 $ 299,268 $ 258,969
Subscription and licensing 62,963 51,959 180,675 142,303
Professional services and other 6,504 7,154 20,874 21,412
Total revenues 175,614 149,155 500,817 422,684
Operating expenses:        
Cost of revenues 56,070 47,259 161,031 132,319
Compensation and benefits 68,551 60,345 199,079 180,625
General and administration 31,153 26,150 90,178 80,249
Depreciation and amortization 15,492 16,692 46,792 49,872
Total operating expenses 171,266 150,446 497,080 443,065
Income (loss) from operations 4,348 (1,291) 3,737 (20,381)
Other expense, net (3,986) (4,434) (13,838) (13,214)
Income (loss) before income tax provision (benefit) 362 (5,725) (10,101) (33,595)
Income tax provision (benefit) 1,682 (1,668) 10,824 (10,602)
Net loss (1,320) (4,057) (20,925) (22,993)
Net loss attributable to Envestnet, Inc. $ (1,320) $ (4,057) $ (20,925) $ (22,993)
Net loss per share attributable to Envestnet, Inc.:        
Basic (in dollars per share) $ (0.03) $ (0.09) $ (0.48) $ (0.54)
Diluted (in dollars per share) $ (0.03) $ (0.09) $ (0.48) $ (0.54)
Weighted average common shares outstanding:        
Basic (in shares) 44,044,527 42,843,103 43,604,869 42,704,383
Diluted (in shares) 44,044,527 42,843,103 43,604,869 42,704,383