Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.20.2
Segment Information (Tables)
9 Months Ended
Sep. 30, 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.:
  Three Months Ended Nine Months Ended
  September 30, September 30,
  2020 2019 2020 2019
Envestnet Wealth Solutions $ 29,683  $ 17,746  $ 60,890  $ 46,969 
Envestnet Data & Analytics (1,238) (7,112) (6,764) (24,000)
Nonsegment operating expenses (16,789) (10,762) (46,079) (52,091)
Income (loss) from operations 11,656  (128) 8,047  (29,122)
Other expense, net (8,836) (9,813) (18,546) (23,088)
Consolidated income (loss) before income tax provision (benefit) 2,820  (9,941) (10,499) (52,210)
Income tax provision (benefit) 497  (6,977) (161) (31,591)
Consolidated net income (loss) 2,323  (2,964) (10,338) (20,619)
Add: Net (income) loss attributable to non-controlling interest (413) (116) (12) 247 
Consolidated net income (loss) attributable to Envestnet, Inc. $ 1,910  $ (3,080) $ (10,350) $ (20,372)
Summary of consolidated total assets, consolidated depreciation and amortization and consolidated capital expenditures
A summary of consolidated assets, consolidated depreciation and amortization and consolidated capital expenditures follows:
September 30, December 31,
  2020 2019
Segment assets:    
Envestnet Wealth Solutions $ 1,599,797  $ 1,297,891 
Envestnet Data & Analytics 501,464  503,993 
Consolidated assets $ 2,101,261  $ 1,801,884 

  Three Months Ended Nine Months Ended
  September 30, September 30,
  2020 2019 2020 2019
Segment depreciation and amortization:        
Envestnet Wealth Solutions $ 20,406  $ 18,414  $ 59,907  $ 46,057 
Envestnet Data & Analytics 8,545  8,321  25,170  27,110 
Consolidated depreciation and amortization $ 28,951  $ 26,735  $ 85,077  $ 73,167 
 
Three Months Ended Nine Months Ended
  September 30, September 30,
  2020 2019 2020 2019
Segment capital expenditures:        
Envestnet Wealth Solutions $ 12,676  $ 12,926  $ 34,066  $ 33,791 
Envestnet Data & Analytics 6,373  2,423  15,015  5,956 
Consolidated capital expenditures $ 19,049  $ 15,349  $ 49,081  $ 39,747