Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.20.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2020
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.:
  Three Months Ended Six Months Ended
  June 30, June 30,
  2020 2019 2020 2019
Envestnet Wealth Solutions $ 19,867    $ 12,379    $ 31,207    $ 29,223   
Envestnet Data & Analytics (941)   (8,960)   (5,526)   (16,888)  
Nonsegment operating expenses (14,918)   (23,676)   (29,290)   (41,329)  
Income (loss) from operations 4,008    (20,257)   (3,609)   (28,994)  
Other expense, net (8,173)   (7,512)   (9,710)   (13,275)  
Consolidated loss before income tax provision (benefit) (4,165)   (27,769)   (13,319)   (42,269)  
Income tax provision (benefit) 1,306    (28,382)   (658)   (24,614)  
Consolidated net income (loss) (5,471)   613    (12,661)   (17,655)  
Add: Net loss attributable to non-controlling interest 547    280    401    363   
Consolidated net income (loss) attributable to Envestnet, Inc. $ (4,924)   $ 893    $ (12,260)   $ (17,292)  
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 follows:
June 30, December 31,
  2020 2019
Segment assets:    
Envestnet Wealth Solutions $ 1,323,409    $ 1,297,891   
Envestnet Data & Analytics 507,996    503,993   
Consolidated assets $ 1,831,405    $ 1,801,884   

  Three Months Ended Six Months Ended
  June 30, June 30,
  2020 2019 2020 2019
Segment depreciation and amortization:        
Envestnet Wealth Solutions $ 20,081    $ 16,376    $ 39,501    $ 27,643   
Envestnet Data & Analytics 8,362    10,539    16,625    18,789   
Consolidated depreciation and amortization $ 28,443    $ 26,915    $ 56,126    $ 46,432   
 
Three Months Ended Six Months Ended
  June 30, June 30,
  2020 2019 2020 2019
Segment capital expenditures:        
Envestnet Wealth Solutions $ 11,200    $ 10,027    $ 21,390    $ 20,865   
Envestnet Data & Analytics 5,100    1,939    8,642    3,533   
Consolidated capital expenditures $ 16,300    $ 11,966    $ 30,032    $ 24,398