Goodwill and Intangible Assets (Tables)
|
12 Months Ended |
Dec. 31, 2017 |
|---|
| Goodwill and Intangible Assets |
|
| Schedule of changes in the carrying amount of goodwill by segment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Envestnet
|
|
Envestnet | Yodlee
|
|
Total
|
|
Balance at December 31, 2015
|
|
$
|
135,224
|
|
$
|
286,049
|
|
$
|
421,273
|
|
FinaConnect acquisition
|
|
|
4,792
|
|
|
—
|
|
|
4,792
|
|
Wheelhouse acquisition
|
|
|
—
|
|
|
10,558
|
|
|
10,558
|
|
Purchase accounting adjustments - Yodlee
|
|
|
24,613
|
|
|
(28,233)
|
|
|
(3,620)
|
|
Purchase accounting adjustments - Castle Rock
|
|
|
(388)
|
|
|
—
|
|
|
(388)
|
|
Other
|
|
|
(490)
|
|
|
(189)
|
|
|
(679)
|
|
Balance at December 31, 2016
|
|
|
163,751
|
|
|
268,185
|
|
|
431,936
|
|
Purchase accounting adjustments - Wheelhouse
|
|
|
—
|
|
|
457
|
|
|
457
|
|
Foreign currency translation
|
|
|
—
|
|
|
562
|
|
|
562
|
|
Balance at December 31, 2017
|
|
$
|
163,751
|
|
$
|
269,204
|
|
$
|
432,955
|
|
| Schedule of components of intangible assets, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2017
|
|
December 31, 2016
|
|
|
|
|
|
|
|
|
Gross
|
|
|
|
|
Net
|
|
Gross
|
|
|
|
|
Net
|
|
|
|
Estimated
|
|
Carrying
|
|
Accumulated
|
|
Carrying
|
|
Carrying
|
|
Accumulated
|
|
Carrying
|
|
|
|
Useful Life
|
|
Amount
|
|
Amortization
|
|
Amount
|
|
Amount
|
|
Amortization
|
|
Amount
|
|
Customer lists
|
|
7
|
-
|
15
|
years
|
|
$
|
259,350
|
|
$
|
(78,482)
|
|
$
|
180,868
|
|
$
|
259,490
|
|
$
|
(54,861)
|
|
$
|
204,629
|
|
Proprietary technologies
|
|
4
|
-
|
8
|
years
|
|
|
57,377
|
|
|
(31,067)
|
|
|
26,310
|
|
|
57,770
|
|
|
(20,214)
|
|
|
37,556
|
|
Trade names
|
|
1
|
-
|
7
|
years
|
|
|
24,840
|
|
|
(9,701)
|
|
|
15,139
|
|
|
25,007
|
|
|
(6,178)
|
|
|
18,829
|
|
Backlog
|
|
|
|
4
|
years
|
|
|
11,000
|
|
|
(10,586)
|
|
|
414
|
|
|
11,000
|
|
|
(6,456)
|
|
|
4,544
|
|
Total intangible assets
|
|
|
|
|
|
|
$
|
352,567
|
|
$
|
(129,836)
|
|
$
|
222,731
|
|
$
|
353,267
|
|
$
|
(87,709)
|
|
$
|
265,558
|
|
| Schedule of amortization expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31,
|
|
|
|
2017
|
|
2016
|
|
2015
|
|
Amortization expense
|
|
$
|
42,127
|
|
$
|
45,515
|
|
$
|
17,636
|
|
| Schedule of future amortization expense of the intangible assets |
|
|
|
|
|
Years ending December 31:
|
|
|
|
2018
|
$
|
35,807
|
|
2019
|
|
31,288
|
|
2020
|
|
28,344
|
|
2021
|
|
20,638
|
|
2022
|
|
19,015
|
|
Thereafter
|
|
87,639
|
|
|
$
|
222,731
|
|