Annual report pursuant to Section 13 and 15(d)

Segment information (Tables)

v3.20.4
Segment information (Tables)
 12 Months Ended
Dec. 31, 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.:
  Year Ended December 31,
  2020 2019 2018
Envestnet Wealth Solutions $ 91,501  $ 67,713  $ 75,491 
Envestnet Data & Analytics (9,943) (25,262) (10,013)
Nonsegment operating expenses (62,117) (58,524) (51,313)
Income (loss) from operations 19,441  (16,073) 14,165 
Interest expense, net (30,392) (29,173) (22,840)
Other income (expense), net 2,906  (2,849) (487)
Consolidated loss before income tax benefit (8,045) (48,095) (9,162)
Income tax benefit (5,401) (30,893) (13,172)
Consolidated net income (loss) (2,644) (17,202) 4,010 
Add: Net (income) loss attributable to non-controlling interest (466) 420  1,745 
Consolidated net income (loss) attributable to Envestnet, Inc. $ (3,110) $ (16,782) $ 5,755 
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,
  2020 2019
Segment assets:    
Envestnet Wealth Solutions $ 1,634,153  $ 1,297,891 
Envestnet Data & Analytics 510,137  503,993 
Consolidated total assets $ 2,144,290  $ 1,801,884 

  Year Ended December 31,
  2020 2019 2018
Segment depreciation and amortization:      
Envestnet Wealth Solutions $ 80,714  $ 65,746  $ 45,139 
Envestnet Data & Analytics 32,947  35,525  32,487 
Consolidated depreciation and amortization $ 113,661  $ 101,271  $ 77,626 

  Year Ended December 31,
  2020 2019 2018
Segment capital expenditures:      
Envestnet Wealth Solutions $ 46,891  $ 42,395  $ 36,406 
Envestnet Data & Analytics 20,105  11,548  8,186 
Consolidated capital expenditures $ 66,996  $ 53,943  $ 44,592