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 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues:        
Assets under management or administration $ 74,899 $ 59,580 $ 212,707 $ 137,150
Licensing and professional services 13,678 10,300 39,238 30,987
Total revenues 88,577 69,880 251,945 168,137
Operating expenses:        
Cost of revenues 39,111 30,154 111,503 66,600
Compensation and benefits 25,833 21,063 74,449 55,475
General and administration 13,428 11,985 38,514 30,840
Depreciation and amortization 4,253 4,467 13,290 10,666
Restructuring charges   474   474
Total operating expenses 82,625 68,143 237,756 164,055
Income from operations 5,952 1,737 14,189 4,082
Other income (expense) (11) 4 1,909 195
Income before income tax provision 5,941 1,741 16,098 4,277
Income tax provision 2,173 435 5,812 1,312
Net income 3,768 1,306 10,286 2,965
Add: Net loss attributable to non-controlling interest     195  
Net income attributable to Envestnet, Inc. $ 3,768 $ 1,306 $ 10,481 $ 2,965
Net income per share attributable to Envestnet, Inc.:        
Basic net income per share (in dollars per share) $ 0.11 $ 0.04 $ 0.30 $ 0.09
Diluted net income per share (in dollars per share) $ 0.10 $ 0.04 $ 0.28 $ 0.08
Weighted average common shares outstanding:        
Basic (in shares) 34,674,245 33,686,112 34,447,619 32,912,084
Diluted (in shares) 37,006,796 35,871,975 36,832,154 35,260,044