Annual report pursuant to Section 13 and 15(d)

Business Acquisitions (2015) (Details)

v3.3.1.900
Business Acquisitions (2015) (Details) - USD ($)
$ / shares in Units, $ in Thousands
 4 Months Ended 8 Months Ended 12 Months Ended
Sep. 01, 2015
Aug. 30, 2015
May. 06, 2015
Feb. 24, 2015
Dec. 31, 2015
Dec. 31, 2015
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Feb. 01, 2014
Business acquisitions                    
Share-based compensation             $ 15,161 $ 11,423 $ 8,738  
Consideration transferred in acquisition                    
Issuance of redeemable units in ERS             900 1,500    
Estimated fair values of the assets acquired and liabilities assumed                    
Goodwill         $ 421,273 $ 421,273 421,273 104,976 74,335  
Intangible assets                    
Intangible assets acquired, Amount     $ 9,800              
Pro forma financial information                    
Acquired intangible asset amortization             17,636 10,642 8,452  
Business acquisition costs         9,792 9,792 9,792      
Accretion on contingent consideration             888 $ 1,472 $ 787  
Customer lists                    
Intangible assets                    
Intangible assets acquired, Amount     $ 8,300              
Intangible assets acquired, Weighted Average Useful Life In Years     12 years              
Proprietary technology                    
Intangible assets                    
Intangible assets acquired, Amount     $ 1,000              
Intangible assets acquired, Weighted Average Useful Life In Years     4 years              
Trade names                    
Intangible assets                    
Intangible assets acquired, Amount     $ 500              
Intangible assets acquired, Weighted Average Useful Life In Years     5 years              
Upside Holdings, Inc.                    
Consideration transferred in acquisition                    
Cash consideration       $ 2,040            
Purchase consideration liabilities       615            
Cash acquired       (14)            
Total       2,641            
Estimated fair values of the assets acquired and liabilities assumed                    
Total tangible assets acquired       88            
Total liabilities assumed       (404)            
Identifiable intangible assets       1,450            
Goodwill       1,507            
Total net assets acquired       $ 2,641            
Pro forma financial information                    
Business acquisition costs         230 230 230      
Upside Holdings, Inc. | Restricted stock with performance and subsequent service conditions                    
Business acquisitions                    
Unvested restricted stock, service condition period       2 years            
Annual revenue target for contingent consideration (as a percent)       100.00%            
Share-based compensation             0      
Upside Holdings, Inc. | Proprietary technology                    
Intangible assets                    
Intangible assets acquired, Amount       $ 1,450            
Intangible assets acquired, Weighted Average Useful Life In Years       4 years            
Finance Logix                    
Business acquisitions                    
Contingent consideration period     3 years              
Consideration transferred in acquisition                    
Cash consideration     $ 20,595              
Stock and stock option consideration     8,930              
Purchase consideration liabilities     3,000              
Cash acquired     (909)              
Total     31,616              
Estimated fair values of the assets acquired and liabilities assumed                    
Total tangible assets acquired     952              
Total liabilities assumed     (2,628)              
Identifiable intangible assets     9,800              
Goodwill     23,492              
Total net assets acquired     $ 31,616              
Pro forma financial information                    
Revenue since acquisition           1,892        
Net income (loss) since acquisition           (999)        
Acquired intangible asset amortization           974        
Business acquisition costs         465 465 465      
Finance Logix | Stock Options                    
Business acquisitions                    
Consideration issued (in shares)     123,410              
Equity value issued (in dollars per share)     $ 52.67              
Consideration transferred in acquisition                    
Stock and stock option consideration     $ 2,542              
Finance Logix | Common Stock                    
Business acquisitions                    
Consideration issued (in shares)     123,410              
Consideration transferred in acquisition                    
Stock and stock option consideration     $ 6,388              
Castle Rock                    
Consideration transferred in acquisition                    
Cash consideration   $ 6,190                
Contingent consideration   1,500                
Cash acquired   (320)                
Total   7,370                
Contingent consideration undiscounted   1,600                
Estimated fair values of the assets acquired and liabilities assumed                    
Total tangible assets acquired   255                
Total liabilities assumed   (1,254)                
Identifiable intangible assets   3,400                
Goodwill   4,969                
Total net assets acquired   7,370                
Intangible assets                    
Intangible assets acquired, Amount   3,400                
Pro forma financial information                    
Revenue since acquisition         1,011          
Net income (loss) since acquisition         109          
Acquired intangible asset amortization         178          
Business acquisition costs         $ 170 $ 170 $ 170      
Castle Rock | Customer lists                    
Intangible assets                    
Intangible assets acquired, Amount   $ 2,500                
Intangible assets acquired, Weighted Average Useful Life In Years   12 years                
Castle Rock | Proprietary technology                    
Intangible assets                    
Intangible assets acquired, Amount   $ 800                
Intangible assets acquired, Weighted Average Useful Life In Years   5 years                
Castle Rock | Trade names                    
Intangible assets                    
Intangible assets acquired, Amount   $ 100                
Intangible assets acquired, Weighted Average Useful Life In Years   4 years                
One | Upside Holdings, Inc. | Maximum | Restricted stock with performance and subsequent service conditions                    
Business acquisitions                    
Stock options to acquire Envestnet common stock       22,064            
One | Finance Logix                    
Business acquisitions                    
Annual revenue target for contingent consideration     5,000              
One | Castle Rock                    
Business acquisitions                    
Annual revenue target for contingent consideration (as a percent)   40.00%                
Consideration transferred in acquisition                    
Revenue target for contingent consideration adjustment   $ 100                
Discount rate (as a percent)   2.70%                
Annual contingent consideration payment amount   $ 714                
Two | Upside Holdings, Inc. | Maximum | Restricted stock with performance and subsequent service conditions                    
Business acquisitions                    
Stock options to acquire Envestnet common stock       44,128            
Two | Finance Logix                    
Business acquisitions                    
Annual revenue target for contingent consideration     10,000              
Two | Castle Rock                    
Business acquisitions                    
Annual revenue target for contingent consideration (as a percent)   35.00%                
Consideration transferred in acquisition                    
Revenue target for contingent consideration adjustment   $ 100                
Discount rate (as a percent)   3.00%                
Annual contingent consideration payment amount   $ 603                
Three | Upside Holdings, Inc. | Maximum | Restricted stock with performance and subsequent service conditions                    
Business acquisitions                    
Stock options to acquire Envestnet common stock       66,192            
Three | Finance Logix                    
Business acquisitions                    
Annual revenue target for contingent consideration     $ 16,000              
Three | Castle Rock                    
Business acquisitions                    
Annual revenue target for contingent consideration (as a percent)   30.00%                
Consideration transferred in acquisition                    
Revenue target for contingent consideration adjustment   $ 100                
Discount rate (as a percent)   3.30%                
Annual contingent consideration payment amount   $ 275                
ERS                    
Consideration transferred in acquisition                    
Ownership interest (as a percent) 54.80%                 64.50%
ERS | Castle Rock                    
Business acquisitions                    
Equity value issued (in dollars per share) $ 6.5                  
Consideration transferred in acquisition                    
Issuance of redeemable units in ERS $ 900                  
Period to repurchase issued units in the subscription agreement 36 months                  
Level 3 | Castle Rock                    
Consideration transferred in acquisition                    
Contingent consideration   $ 1,500