Annual report pursuant to Section 13 and 15(d)

Segment information (Tables)

v3.19.3.a.u2
Segment information (Tables)
 12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of income (loss) from operations by segment
The following table presents a reconciliation from income (loss) from operations by segment to consolidated net income (loss) attributable to Envestnet, Inc.:
 
 
Year Ended December 31,
 
 
2019
 
2018
 
2017
Envestnet Wealth Solutions
 
$
67,713

 
$
75,491

 
$
75,449

Envestnet Data & Analytics
 
(25,262
)
 
(10,013
)
 
(19,456
)
Nonsegment operating expenses
 
(58,524
)
 
(51,313
)
 
(39,573
)
Income (loss) from operations
 
(16,073
)
 
14,165

 
16,420

Interest expense, net
 
(29,173
)
 
(22,840
)
 
(16,146
)
Other expense, net
 
(2,849
)
 
(487
)
 
(1,963
)
Consolidated loss before income tax provision (benefit)
 
(48,095
)
 
(9,162
)
 
(1,689
)
Income tax provision (benefit)
 
(30,893
)
 
(13,172
)
 
1,591

Consolidated net income (loss)
 
(17,202
)
 
4,010

 
(3,280
)
Add: Net loss attributable to non-controlling interest
 
420

 
1,745

 
—

Consolidated net income (loss) attributable to Envestnet, Inc.
 
$
(16,782
)
 
$
5,755

 
$
(3,280
)

Summary of consolidated total assets, consolidated depreciation and amortization and consolidated capital expenditures
A summary of consolidated total assets, consolidated depreciation and amortization and consolidated capital expenditures by segment follows:
 
 
December 31,
 
 
2019
 
2018
Segment assets:
 
 
 
 
Envestnet Wealth Solutions
 
$
1,297,891

 
$
810,971

Envestnet Data & Analytics
 
503,993

 
502,776

Consolidated total assets
 
$
1,801,884

 
$
1,313,747


 
 
Year Ended December 31,
 
 
2019
 
2018
 
2017
Segment depreciation and amortization:
 
 
 
 
 
 
Envestnet Wealth Solutions
 
$
65,746

 
$
45,139

 
$
26,223

Envestnet Data & Analytics
 
35,525

 
32,487

 
36,597

Consolidated depreciation and amortization
 
$
101,271

 
$
77,626

 
$
62,820


 
 
Year Ended December 31,
 
 
2019
 
2018
 
2017
Segment capital expenditures:
 
 
 
 
 
 
Envestnet Wealth Solutions
 
$
42,395

 
$
36,406

 
$
22,434

Envestnet Data & Analytics
 
11,548

 
8,186

 
5,135

Consolidated capital expenditures
 
$
53,943

 
$
44,592

 
$
27,569