Goodwill and Intangible Assets (Tables)
|
12 Months Ended |
Dec. 31, 2015 |
|---|
| Goodwill and Intangible Assets |
|
| Schedule of changes in the carrying amount of the Company's goodwill |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Envestnet
|
|
Envestnet | Yodlee
|
|
Total
|
|
Balance at December 31, 2013
|
|
$
|
74,335
|
|
$
|
—
|
|
$
|
74,335
|
|
Klein acquisition
|
|
|
3,031
|
|
|
—
|
|
|
3,031
|
|
Placemark acquisition
|
|
|
27,077
|
|
|
—
|
|
|
27,077
|
|
Other
|
|
|
533
|
|
|
—
|
|
|
533
|
|
Balance at December 31, 2014
|
|
$
|
104,976
|
|
$
|
—
|
|
$
|
104,976
|
|
Upside acquisition
|
|
|
1,507
|
|
|
—
|
|
|
1,507
|
|
Finance Logix acquisition
|
|
|
23,492
|
|
|
—
|
|
|
23,492
|
|
Castle Rock acquisition
|
|
|
4,969
|
|
|
—
|
|
|
4,969
|
|
Yodlee acquisition
|
|
|
—
|
|
|
286,049
|
|
|
286,049
|
|
Purchase accounting adjustment - Placemark
|
|
|
280
|
|
|
—
|
|
|
280
|
|
Balance at December 31, 2015
|
|
$
|
135,224
|
|
$
|
286,049
|
|
$
|
421,273
|
|
| Schedule of components of intangible assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2015
|
|
December 31, 2014
|
|
|
|
|
|
|
|
|
|
Gross
|
|
|
|
|
Net
|
|
Gross
|
|
|
|
|
Net
|
|
|
|
|
|
|
|
|
|
Carrying
|
|
Accumulated
|
|
Carrying
|
|
Carrying
|
|
Accumulated
|
|
Carrying
|
|
|
|
|
Useful Life
|
|
Amount
|
|
Amortization
|
|
Amount
|
|
Amount
|
|
Amortization
|
|
Amount
|
|
|
Customer lists
|
|
4
|
-
|
12
|
years
|
|
$
|
257,410
|
|
$
|
(33,668)
|
|
$
|
223,742
|
|
$
|
68,603
|
|
$
|
(21,699)
|
|
$
|
46,904
|
|
|
Backlog
|
|
|
|
4
|
years
|
|
|
11,000
|
|
|
(703)
|
|
|
10,297
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Proprietary technologies
|
|
2.5
|
-
|
8
|
years
|
|
|
53,928
|
|
|
(9,833)
|
|
|
44,095
|
|
|
15,678
|
|
|
(5,808)
|
|
|
9,870
|
|
|
Trade names
|
|
2
|
-
|
6
|
years
|
|
|
16,690
|
|
|
(2,149)
|
|
|
14,541
|
|
|
3,090
|
|
|
(1,210)
|
|
|
1,880
|
|
|
Total intangible assets
|
|
|
|
|
|
|
$
|
339,028
|
|
$
|
(46,353)
|
|
$
|
292,675
|
|
$
|
87,371
|
|
$
|
(28,717)
|
|
$
|
58,654
|
|
|
| Schedule of amortization expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31,
|
|
|
|
|
2015
|
|
2014
|
|
2013
|
|
|
Amortization expense
|
|
$
|
17,636
|
|
$
|
10,642
|
|
$
|
8,452
|
|
|
| Schedule of Future amortization expense of the intangible assets |
|
|
|
|
|
|
Years ending December 31:
|
|
|
|
|
2016
|
|
$
|
46,894
|
|
2017
|
|
|
42,287
|
|
2018
|
|
|
36,204
|
|
2019
|
|
|
32,519
|
|
2020
|
|
|
28,694
|
|
Thereafter
|
|
|
106,077
|
|
|
|
$
|
292,675
|
|