Segment information (Tables)
|
12 Months Ended |
Dec. 31, 2015 |
|---|
| Segment Information |
|
| Schedule of revenue by segment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31,
|
|
|
|
2015
|
|
2014
|
|
2013
|
|
Revenue:
|
|
|
|
|
|
|
|
|
|
|
Envestnet
|
|
$
|
406,838
|
|
$
|
348,748
|
|
$
|
242,535
|
|
Envestnet | Yodlee
|
|
|
14,081
|
|
|
—
|
|
|
—
|
|
Consolidated revenue
|
|
$
|
420,919
|
|
$
|
348,748
|
|
$
|
242,535
|
|
|
|
|
|
|
|
|
|
|
|
|
Fidelity revenue as a percentage of Envestnet revenue:
|
|
|
18%
|
|
|
19%
|
|
|
20%
|
|
| Schedule of income from operations by segment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31,
|
|
|
|
2015
|
|
2014
|
|
2013
|
|
Envestnet
|
|
$
|
43,278
|
|
$
|
32,854
|
|
$
|
18,312
|
|
Envestnet | Yodlee
|
|
|
(2,984)
|
|
|
—
|
|
|
—
|
|
Total segment income from operations
|
|
|
40,294
|
|
|
32,854
|
|
|
18,312
|
|
Nonsegment operating expenses
|
|
|
(21,302)
|
|
|
(11,602)
|
|
|
(12,800)
|
|
Interest income (expense), net
|
|
|
(9,933)
|
|
|
(487)
|
|
|
18
|
|
Other income (expense), net
|
|
|
(71)
|
|
|
1,742
|
|
|
182
|
|
Consolidated income before income taxes
|
|
|
8,988
|
|
|
22,507
|
|
|
5,712
|
|
Income tax provision
|
|
|
4,552
|
|
|
8,528
|
|
|
2,052
|
|
Consolidated net income
|
|
|
4,436
|
|
|
13,979
|
|
|
3,660
|
|
Add: Net loss attributable to non-controlling interest
|
|
|
—
|
|
|
195
|
|
|
—
|
|
Consolidated net income attributable to Envestnet, Inc.
|
|
$
|
4,436
|
|
$
|
14,174
|
|
$
|
3,660
|
|
| Summary of consolidated total assets, consolidated depreciation and amortization and consolidated capital expeditures |
|
|
|
|
|
|
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|
|
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|
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December 31,
|
|
|
|
2015
|
|
2014
|
|
2013
|
|
Segment assets:
|
|
|
|
|
|
|
|
|
|
|
Envestnet
|
|
$
|
332,608
|
|
$
|
439,358
|
|
$
|
221,242
|
|
Envestnet | Yodlee
|
|
|
552,957
|
|
|
—
|
|
|
—
|
|
Consolidated total assets
|
|
$
|
885,565
|
|
$
|
439,358
|
|
$
|
221,242
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31,
|
|
|
|
2015
|
|
2014
|
|
2013
|
|
Segment depreciation and amortization:
|
|
|
|
|
|
|
|
|
|
|
Envestnet
|
|
$
|
23,369
|
|
$
|
18,651
|
|
$
|
15,329
|
|
Envestnet | Yodlee
|
|
|
4,593
|
|
|
—
|
|
|
—
|
|
Consolidated depreciation and amortization
|
|
$
|
27,962
|
|
$
|
18,651
|
|
$
|
15,329
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31,
|
|
|
|
2015
|
|
2014
|
|
2013
|
|
Segment capital expenditures:
|
|
|
|
|
|
|
|
|
|
|
Envestnet
|
|
$
|
13,682
|
|
$
|
9,559
|
|
$
|
9,268
|
|
Envestnet | Yodlee
|
|
|
1,034
|
|
|
—
|
|
|
—
|
|
Consolidated capital expenditures
|
|
$
|
14,716
|
|
$
|
9,559
|
|
$
|
9,268
|
|