Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.20.1
Segment Information (Tables)
 3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Schedule of income (loss) from operations by segment
The following table presents a reconciliation from loss from operations by segment to consolidated net loss attributable to Envestnet, Inc.:
 
 
Three Months Ended
 
 
March 31,
 
 
2020
 
2019
Envestnet Wealth Solutions
 
$
11,340

 
$
16,844

Envestnet Data & Analytics
 
(4,585
)
 
(7,928
)
Nonsegment operating expenses
 
(14,372
)
 
(17,653
)
Loss from operations
 
(7,617
)
 
(8,737
)
Other expense, net
 
(1,537
)
 
(5,763
)
Consolidated loss before income tax provision (benefit)

(9,154
)

(14,500
)
Income tax provision (benefit)
 
(1,964
)
 
3,768

Consolidated net loss
 
(7,190
)

(18,268
)
Add: Net (income) loss attributable to non-controlling interest
 
(146
)
 
83

Consolidated net loss attributable to Envestnet, Inc.

$
(7,336
)

$
(18,185
)

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:
 
 
March 31,
 
December 31,
 
 
2020
 
2019
Segment assets:
 
 
 
 
Envestnet Wealth Solutions
 
$
1,323,471

 
$
1,297,891

Envestnet Data & Analytics
 
506,987

 
503,993

Consolidated total assets
 
$
1,830,458

 
$
1,801,884


 
 
Three Months Ended
 
 
March 31,
 
 
2020
 
2019
Segment depreciation and amortization:
 
 
 
 
Envestnet Wealth Solutions
 
$
19,420

 
$
11,267

Envestnet Data & Analytics
 
8,263

 
8,250

Consolidated depreciation and amortization

$
27,683

 
$
19,517

 
 
 
Three Months Ended
 
 
March 31,
 
 
2020
 
2019
Segment capital expenditures:
 
 
 
 
Envestnet Wealth Solutions
 
$
10,190

 
$
10,838

Envestnet Data & Analytics
 
3,542

 
1,594

Consolidated capital expenditures

$
13,732

 
$
12,432