Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Assets under management or administration $ 70,727 $ 41,234 $ 137,808 $ 77,570
Licensing and professional services 14,102 10,398 25,560 20,687
Total revenues 84,829 51,632 163,368 98,257
Operating expenses:        
Cost of revenues 37,955 19,638 72,392 36,446
Compensation and benefits 25,157 17,194 48,616 34,412
General and administration 12,936 9,962 25,086 18,855
Depreciation and amortization 4,615 3,081 9,037 6,199
Total operating expenses 80,663 49,875 155,131 95,912
Other income:        
Total other income 1,839 186 1,920 191
Income from operations 4,166 1,757 8,237 2,345
Income before income tax provision 6,005 1,943 10,157 2,536
Income tax provision 2,355 825 3,639 877
Net income 3,650 1,118 6,518 1,659
Add: Net loss attributable to non-controlling interest 69   195  
Net income attributable to Envestnet, Inc. $ 3,719 $ 1,118 $ 6,713 $ 1,659
Net income per share attributable to Envestnet, Inc.:        
Basic (in dollars per share) $ 0.11 $ 0.03 $ 0.20 $ 0.05
Diluted (in dollars per share) $ 0.10 $ 0.03 $ 0.18 $ 0.05
Weighted average common shares outstanding:        
Basic (in shares) 34,547,277 32,661,196 34,332,759 32,518,943
Diluted (in shares) 36,805,758 35,164,106 36,726,121 34,760,568