Envestnet, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Business Acquisitions (Tables)

Business Acquisitions (Tables)

12 Months Ended

Dec. 31, 2017

Summary of consideration transferred in the acquisition


Cash consideration	$	2,040
Purchase consideration liability		615
Cash acquired		(14)
Total	$	2,641

Summary of the 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

Summary of intangible assets acquired, estimated useful lives and amortization method

Estimated

Amortization

Amount

Useful Life in Years

Method

Proprietary technology

1,450

Straight-line

Castle Rock Innovations, Inc.

Business acquisitions

Summary of consideration transferred in the acquisition


Cash consideration	$	6,190
Contingent consideration liability		1,500
Cash acquired		(320)
Total	$	7,370

Summary of the estimated fair values of the assets acquired and liabilities assumed


Total tangible assets acquired	$	255
Total liabilities assumed		(1,366)
Identifiable intangible assets		3,900
Goodwill		4,581
Total net assets acquired	$	7,370

Summary of intangible assets acquired, estimated useful lives and amortization method


			Estimated	Amortization
	Amount		Useful Life in Years	Method
Customer list	$	3,000	12	Accelerated
Proprietary technology		800	5	Straight-line
Trade names and domains		100	4	Straight-line
Total	$	3,900

Yodlee, Inc

Business acquisitions

Summary of consideration transferred in the acquisition


Cash consideration	$	375,658
Stock consideration		186,522
Attribution of the fair market value of replacement awards		4,318
Cash acquired		(63,234)
Total	$	503,264

Summary of the estimated fair values of the assets acquired and liabilities assumed


Accounts receivable	$	16,882
Prepaid expenses and other current assets		3,507
Property and equipment, net		13,800
Other non-current assets		1,959
Identifiable intangible assets		244,000
Goodwill		282,429
Total assets acquired		562,577
Accounts payable		(2,424)
Accrued expenses		(28,173)
Capital lease obligations		(1,527)
FIN 48 liability		(5,450)
Deferred tax liability		(16,693)
Deferred revenue		(4,100)
Other long term liabilities		(946)
Total liabilities assumed		(59,313)
Total net assets acquired	$	503,264

Summary of intangible assets acquired, estimated useful lives and amortization method


			Estimated	Amortization
	Amount		Useful Life in Years	Method
Customer list	$	177,000	15	Accelerated
Backlog		11,000	4	Accelerated
Proprietary technology		35,000	5	Straight-line
Trade names		21,000	7	Straight-line
Total	$	244,000

Finance Logix

Business acquisitions

Summary of consideration transferred in the acquisition


Cash consideration	$	20,595
Stock and stock option consideration		8,930
Purchase consideration liability		3,000
Cash acquired		(909)
Total	$	31,616

Summary of the 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

Summary of intangible assets acquired, estimated useful lives and amortization method


			Estimated	Amortization
	Amount		Useful Life in Years	Method
Customer list	$	8,300	12	Accelerated
Proprietary technology		1,000	4	Straight-line
Trade names and domains		500	5	Straight-line
Total	$	9,800

FinaConnect, Inc.

Business acquisitions

Summary of consideration transferred in the acquisition


Cash consideration	$	6,425
Contingent consideration liability		1,929
Working capital adjustment		269
Cash acquired		(1)
Total	$	8,622

Summary of the estimated fair values of the assets acquired and liabilities assumed


Total tangible assets acquired	$	430
Total liabilities assumed		(400)
Identifiable intangible assets		3,800
Goodwill		4,792
Total net assets acquired	$	8,622

Summary of intangible assets acquired, estimated useful lives and amortization method


			Estimated	Amortization
	Amount		Useful Life in Years	Method
Customer list	$	2,800	12	Accelerated
Proprietary technology		900	5	Straight-line
Trade names and domains		100	2	Straight-line
Total	$	3,800

Wheelhouse Analytics, LLC

Business acquisitions

Summary of consideration transferred in the acquisition


Cash consideration	$	13,299
Contingent consideration liability		2,364
Purchase consideration liability		887
Working capital adjustment		110
Cash acquired		(80)
Total	$	16,580

Summary of the estimated fair values of the assets acquired and liabilities assumed


Total tangible assets acquired	$	385
Total liabilities assumed		(1,420)
Identifiable intangible assets		6,600
Goodwill		11,015
Total net assets acquired	$	16,580

Summary of intangible assets acquired, estimated useful lives and amortization method


			Estimated	Amortization
	Amount		Useful Life in Years	Method
Customer list	$	4,000	15	Accelerated
Proprietary technology		2,500	6	Straight-line
Trade names and domains		100	2	Straight-line
Total	$	6,600