Segment Information (Details) $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2016
USD ($)
|
Sep. 30, 2016
USD ($)
|
Jun. 30, 2016
USD ($)
|
Mar. 31, 2016
USD ($)
|
Dec. 31, 2015
USD ($)
|
Sep. 30, 2015
USD ($)
|
Jun. 30, 2015
USD ($)
|
Mar. 31, 2015
USD ($)
|
Dec. 31, 2016
USD ($)
customer
item
|
Dec. 31, 2015
USD ($)
customer
item
|
Dec. 31, 2014
USD ($)
customer
item
|
|
Segment Information | |||||||||||
Assets under management or administration | $ 352,498 | $ 333,684 | $ 294,223 | ||||||||
Subscription and licensing | 198,125 | 75,280 | 48,787 | ||||||||
Professional services and other | 27,541 | 11,955 | 5,738 | ||||||||
Revenues | $ 155,480 | $ 149,155 | $ 141,708 | $ 131,821 | $ 118,435 | $ 103,367 | $ 102,663 | $ 96,454 | 578,164 | 420,919 | 348,748 |
Income (loss) from operations | (3,063) | (1,291) | (6,330) | (12,760) | (2,484) | 8,328 | 6,466 | 6,682 | (23,444) | 18,992 | 21,252 |
Operating expenses | (601,608) | (401,927) | (327,496) | ||||||||
Interest (expense), net | (16,563) | (9,933) | (487) | ||||||||
Other income (expense), net | (483) | (71) | 1,742 | ||||||||
Income (loss) before income tax provision | (40,490) | 8,988 | 22,507 | ||||||||
Income tax provision | 15,077 | 4,552 | 8,528 | ||||||||
Net income (loss) | (55,567) | 4,436 | 13,979 | ||||||||
Add: Net loss attributable to non-controlling interest | 195 | ||||||||||
Net income (loss) attributable to Envestnet, Inc. | (32,574) | $ (4,057) | $ (7,943) | $ (10,993) | (3,913) | $ 3,302 | $ 2,536 | $ 2,511 | (55,567) | 4,436 | 14,174 |
Assets | 872,401 | 876,249 | 872,401 | 876,249 | |||||||
Depreciation and amortization | 63,999 | 27,962 | 18,651 | ||||||||
Capital expenditures | $ 22,576 | $ 14,716 | $ 9,559 | ||||||||
Operating Segments | |||||||||||
Segment Information | |||||||||||
Number of customers accounted for as major customer | item | 0 | 0 | 0 | ||||||||
Income (loss) from operations | $ 3,131 | $ 40,294 | $ 32,854 | ||||||||
Segment Reconciling | |||||||||||
Segment Information | |||||||||||
Operating expenses | (26,575) | (21,302) | (11,602) | ||||||||
Intersegment Eliminations | |||||||||||
Segment Information | |||||||||||
Revenues | 0 | ||||||||||
Envestnet | |||||||||||
Segment Information | |||||||||||
Assets under management or administration | 352,498 | 333,684 | 294,223 | ||||||||
Subscription and licensing | 84,340 | 63,719 | 48,787 | ||||||||
Professional services and other | 10,794 | 9,435 | 5,738 | ||||||||
Revenues | 447,632 | 406,838 | 348,748 | ||||||||
Assets | 341,602 | 323,292 | 341,602 | 323,292 | |||||||
Depreciation and amortization | 24,784 | 23,369 | 18,651 | ||||||||
Capital expenditures | 17,120 | 13,682 | 9,559 | ||||||||
Envestnet | Operating Segments | |||||||||||
Segment Information | |||||||||||
Income (loss) from operations | 41,678 | 43,278 | $ 32,854 | ||||||||
Envestnet | Yodlee | |||||||||||
Segment Information | |||||||||||
Subscription and licensing | 113,785 | 11,561 | |||||||||
Professional services and other | 16,747 | 2,520 | |||||||||
Revenues | 130,532 | 14,081 | |||||||||
Assets | $ 530,799 | $ 552,957 | 530,799 | 552,957 | |||||||
Depreciation and amortization | 39,215 | 4,593 | |||||||||
Capital expenditures | 5,456 | 1,034 | |||||||||
Envestnet | Yodlee | Operating Segments | |||||||||||
Segment Information | |||||||||||
Income (loss) from operations | $ 38,547 | $ 2,984 | |||||||||
Revenues | Customer concentration risk | Fidelity | |||||||||||
Segment Information | |||||||||||
Number of customers accounted for as major customer | customer | 1 | 1 | 1 |