Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.21.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2021
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
  March 31,
  2021 2020
(in thousands)
Envestnet Wealth Solutions $ 34,197  $ 11,340 
Envestnet Data & Analytics 1,289  (4,585)
Nonsegment operating expenses (18,671) (14,372)
Income (loss) from operations 16,815  (7,617)
Other expense, net (7,468) (1,537)
Consolidated income (loss) before income tax benefit 9,347  (9,154)
Income tax benefit (5,588) (1,964)
Consolidated net income (loss) 14,935  (7,190)
Add: Net (income) loss attributable to non-controlling interest 11  (146)
Consolidated net income (loss) attributable to Envestnet, Inc. $ 14,946  $ (7,336)