Envestnet, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Revenue (Adoption) (Details)

Revenue (Adoption) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Revenue (Adoption) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Jan. 02, 2018	Jan. 01, 2018	Dec. 31, 2017
Revenues:
Total revenues	$ 201,116	$ 167,417	$ 399,127	$ 325,203
Operating expenses:
Cost of revenues	67,627	55,735	130,561	104,961
Compensation and benefits	80,210		163,750
Total operating expenses	201,111	164,674	399,860	325,814
Income (loss) from operations	5	2,743	(733)	(611)
Net income	(5,991)	(6,470)	2,011	(19,605)
Net income (loss) attributable to Envestnet, Inc.	(5,526)	(6,470)	2,578	(19,605)
Current assets:
Fees receivable, net	64,164		64,164				$ 51,522
Other non-current assets	23,907		23,907		$ 22,491		17,176
Liabilities:
Accounts payable	21,133		21,133				11,097
Deferred revenue, current	25,739		25,739		20,124	$ 20,124	21,246
Deferred revenue, non-current	7,929		7,929		9,267	$ 9,267	12,047
Equity:
Accumulated deficit	(62,059)		(62,059)		$ (64,637)		(73,854)
Asset-based
Revenues:
Total revenues	118,111	98,959	239,264	193,121
Operating expenses:
Cost of revenues	56,748	47,015	114,320	91,500
Subscription-based
Revenues:
Total revenues	71,779	59,802	141,474	117,712
Operating expenses:
Cost of revenues	6,213	5,142	11,439	9,756
Recurring
Revenues:
Total revenues	189,890	158,761	380,738	310,833
Professional services and other revenues
Revenues:
Total revenues	11,226	8,656	18,389	14,370
Operating expenses:
Cost of revenues	4,666	$ 3,578	4,802	$ 3,705
Without Adoption of ASC 606
Revenues:
Total revenues	204,810		406,458
Operating expenses:
Cost of revenues	71,162		137,696
Compensation and benefits	80,530		164,197
Total operating expenses	204,966		407,442
Income (loss) from operations	(156)		(984)
Net income	(6,152)		1,760
Net income (loss) attributable to Envestnet, Inc.	(5,687)		2,327
Current assets:
Fees receivable, net	63,218		63,218
Other non-current assets	18,145		18,145
Liabilities:
Accounts payable	20,187		20,187
Deferred revenue, current	26,720		26,720
Deferred revenue, non-current	10,654		10,654
Equity:
Accumulated deficit	(71,527)		(71,527)
Without Adoption of ASC 606 \| Asset-based
Revenues:
Total revenues	121,646		246,399
Without Adoption of ASC 606 \| Subscription-based
Revenues:
Total revenues	71,779		141,474
Without Adoption of ASC 606 \| Recurring
Revenues:
Total revenues	193,425		387,873
Without Adoption of ASC 606 \| Professional services and other revenues
Revenues:
Total revenues	11,385		18,585
Effect of Change Higher/(Lower)
Revenues:
Total revenues	(3,694)		(7,331)
Operating expenses:
Cost of revenues	3,535		(7,135)
Compensation and benefits	(320)		(447)
Total operating expenses	(3,855)		(7,582)
Income (loss) from operations	161		251
Net income	161		251
Net income (loss) attributable to Envestnet, Inc.	161		251
Current assets:
Fees receivable, net	946		946
Other non-current assets	5,762		5,762				5,315
Liabilities:
Accounts payable	946		946
Deferred revenue, current	981		981				(1,122)
Deferred revenue, non-current	2,725		2,725				(2,780)
Equity:
Accumulated deficit	9,468		9,468				$ 9,217
Effect of Change Higher/(Lower) \| Asset-based
Revenues:
Total revenues	(3,535)		(7,135)
Effect of Change Higher/(Lower) \| Recurring
Revenues:
Total revenues	(3,535)		(7,135)
Effect of Change Higher/(Lower) \| Professional services and other revenues
Revenues:
Total revenues	$ (159)		$ (196)