Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Assets under management or administration $ 67,081 $ 36,336
Licensing and professional services 11,458 10,289
Total revenues 78,539 46,625
Operating expenses:    
Cost of revenues 34,437 16,808
Compensation and benefits 23,459 17,218
General and administration 12,150 8,893
Depreciation and amortization 4,422 3,118
Total operating expenses 74,468 46,037
Income from operations 4,071 588
Other income 81 5
Income before income tax provision 4,152 593
Income tax provision 1,284 52
Net income 2,868 541
Add: Net loss attributable to non-controlling interest 126  
Net income attributable to Envestnet, Inc. $ 2,994 $ 541
Net income per share attributable to Envestnet, Inc.:    
Basic (in dollars per share) $ 0.09 $ 0.02
Diluted (in dollars per share) $ 0.08 $ 0.02
Weighted average common shares outstanding:    
Basic (in shares) 34,115,444 32,374,976
Diluted (in shares) 36,558,983 34,269,939