\documentclass{article}
\usepackage{amsmath} % pkg required by EasyLatex
\usepackage{amsfonts} % pkg required by EasyLatex
\usepackage{amssymb} % pkg required by EasyLatex
\usepackage{psfrag} % pkg required by EasyLatex
\usepackage[dvips]{graphicx} % pkg required by EasyLatex
\begin{document}
\begin{align*}
X_{IN} &= & \textrm{ (sum of all edges with X on one end and a node inside the circle on the other end)}
\\X_{OUT} &= & \textrm{ (sum of all edges with X on one end and a node outside the circle on the other end)}
\end{align*}