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

Annual report pursuant to Section 13 and 15(d)

Business Acquisitions (Details)

Business Acquisitions (Details) $ / shares in Units, $ in Thousands									12 Months Ended
	Oct. 03, 2016 USD ($)	Feb. 01, 2016 USD ($)	Nov. 19, 2015 USD ($) shares	Nov. 17, 2015 USD ($) $ / shares shares	Sep. 01, 2015 USD ($) $ / shares	Aug. 30, 2015 USD ($)	May 06, 2015 USD ($) $ / shares shares	Feb. 24, 2015 USD ($)	Dec. 31, 2017 USD ($)	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)	Jan. 31, 2018 USD ($)	Jan. 31, 2017 USD ($)	Oct. 31, 2016 USD ($)	Feb. 01, 2014
Consideration transferred in acquisition
Cash consideration									$ 445
Acquisition of businesses, net of cash acquired										$ 31,613	$ 328,305
Payments of contingent consideration									$ 2,286	3,729	7,219
Attribution of the fair market value of replacement awards											4,318
Fair market value adjustment to contingent consideration										1,588	(4,153)
Issuance of redeemable units in ERS											900
Ownership interest (as a percent)									50.00%
Acquisitions
Share-based compensation									$ 31,331	33,276	15,161
Estimated fair values of the assets acquired and liabilities assumed
Total tangible assets acquired						$ 255
Identifiable intangible assets						3,900
Goodwill						4,581			432,955	431,936	421,273
Total liabilities assumed						(1,366)
Total net assets acquired						7,370
Intangible assets
Intangible assets acquired, Amount							$ 9,800
Contingent consideration issued in a business acquisitions										4,868	1,500
Pro forma financial information
Acquired intangible asset amortization									42,127	45,515	17,636
Accretion on contingent consideration and purchase liability									512	150	888
Customer lists
Intangible assets
Intangible assets acquired, Amount							$ 8,300
Intangible assets acquired, Useful Life In Years							12 years
Proprietary technologies
Intangible assets
Intangible assets acquired, Amount							$ 1,000
Intangible assets acquired, Useful Life In Years							4 years
Trade names
Intangible assets
Intangible assets acquired, Amount							$ 500
Intangible assets acquired, Useful Life In Years							5 years
FinaConnect, Inc.
Consideration transferred in acquisition
Cash consideration		$ 6,425
Cash acquired		(1)
Contingent consideration liability		1,929								2,286
Total		8,622
Working capital adjustment		269
Fair market value adjustment to contingent consideration										357
Contingent Consideration first year									2,286
Contingent Consideration second year									0
Acquisitions
Upfront cash consideration paid		$ 6,425
Multiplier for contingent consideration based on acquiree's incremental revenue		4
Estimated fair values of the assets acquired and liabilities assumed
Total tangible assets acquired		$ 430
Identifiable intangible assets		3,800
Goodwill		4,792
Total liabilities assumed		(400)
Total net assets acquired		8,622
Intangible assets
Intangible assets acquired, Amount		$ 3,800
Contingent consideration period		2 years
Contingent consideration, maximum		$ 3,500
Pro forma financial information
Business acquisition costs									135	116
FinaConnect, Inc. \| Customer lists
Intangible assets
Intangible assets acquired, Amount		$ 2,800
Intangible assets acquired, Useful Life In Years		12 years
FinaConnect, Inc. \| Proprietary technologies
Intangible assets
Intangible assets acquired, Amount		$ 900
Intangible assets acquired, Useful Life In Years		5 years
FinaConnect, Inc. \| Trade names
Intangible assets
Intangible assets acquired, Amount		$ 100
Intangible assets acquired, Useful Life In Years		2 years
Castle Rock Innovations, Inc.
Consideration transferred in acquisition
Cash consideration						6,190
Cash acquired						(320)
Contingent consideration liability						1,500
Total						7,370
Intangible assets
Intangible assets acquired, Amount						3,900
Pro forma financial information
Revenue since acquisition											1,011
Net income (loss) since acquisition											109
Acquired intangible asset amortization											178
Castle Rock Innovations, Inc. \| Customer lists
Intangible assets
Intangible assets acquired, Amount						$ 3,000
Intangible assets acquired, Useful Life In Years						12 years
Castle Rock Innovations, Inc. \| Proprietary technologies
Intangible assets
Intangible assets acquired, Amount						$ 800
Intangible assets acquired, Useful Life In Years						5 years
Castle Rock Innovations, Inc. \| Trade names
Intangible assets
Intangible assets acquired, Amount						$ 100
Intangible assets acquired, Useful Life In Years						4 years
Castle Rock Innovations, Inc. \| ERS
Intangible assets
Annual contingent consideration payment amount												$ 1,250	$ 445	$ 805
Yodlee, Inc
Consideration transferred in acquisition
Cash consideration			$ 375,658
Acquisition of businesses, net of cash acquired				$ 375,658
Cash acquired			(63,234)
Contingent consideration liability										10,061
Total			503,264
Stock consideration			186,522
Attribution of the fair market value of replacement awards			$ 4,318
Equity value issued (in dollars per share) \| $ / shares				$ 17.49
Cash value issued (in dollars per share) \| $ / shares				$ 11.51
Exercised statutory appraisal rights (in shares) \| shares				577,829
Acquisitions
Consideration issued (in shares) \| shares			5,974,000	5,974,000
Envestnet common stock per acquiree share (in shares) \| shares				0.1889
Number of full trading days prior to closing date of merger, on which weighted average of sales price per share is determined				10 days
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 net 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
Intangible assets
Intangible assets acquired, Amount			244,000
Pro forma financial information
Revenue since acquisition											14,081
Net income (loss) since acquisition											(5,963)
Acquired intangible asset amortization											3,953
Business acquisition costs									1,289	2,186	6,624
Yodlee, Inc \| Customer lists
Intangible assets
Intangible assets acquired, Amount			$ 177
Intangible assets acquired, Useful Life In Years			15 years
Yodlee, Inc \| Backlog
Intangible assets
Intangible assets acquired, Amount			$ 11
Intangible assets acquired, Useful Life In Years			4 years
Yodlee, Inc \| Proprietary technologies
Intangible assets
Intangible assets acquired, Amount			$ 35
Intangible assets acquired, Useful Life In Years			5 years
Yodlee, Inc \| Trade names
Intangible assets
Intangible assets acquired, Amount			$ 21
Intangible assets acquired, Useful Life In Years			7 years
Finance Logix
Consideration transferred in acquisition
Cash consideration							$ 20,595
Promissory note							3,000
Cash acquired							(909)
Purchase consideration liability							3,000
Total							31,616
Stock consideration							8,930
Estimated fair values of the assets acquired and liabilities assumed
Total tangible assets acquired							952
Identifiable intangible assets							9,800
Goodwill							23,492
Total liabilities assumed							(2,628)
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									145	548	$ 465
Finance Logix \| Stock Options
Consideration transferred in acquisition
Stock consideration							$ 2,542
Equity value issued (in dollars per share) \| $ / shares							$ 52.67
Acquisitions
Consideration issued (in shares) \| shares							123,410
Finance Logix \| Common Stock
Consideration transferred in acquisition
Stock consideration							$ 6,388
Acquisitions
Consideration issued (in shares) \| shares							123,410
Wheelhouse Analytics, LLC
Consideration transferred in acquisition
Cash consideration	$ 13,299
Promissory note	887
Cash acquired	(80)
Contingent consideration liability	2,364
Purchase consideration liability	887
Total	16,580
Working capital adjustment	110
Acquisitions
Acquisition related costs									874	$ 383
Estimated fair values of the assets acquired and liabilities assumed
Total tangible assets acquired	385
Identifiable intangible assets	6,600
Goodwill	11,015
Total net assets acquired	16,580
Total liabilities assumed	(1,420)
Intangible assets
Intangible assets acquired, Amount									6,600
Contingent consideration, maximum	$ 4,000
Wheelhouse Analytics, LLC \| Customer lists
Intangible assets
Intangible assets acquired, Amount									$ 4,000
Intangible assets acquired, Useful Life In Years									15 years
Wheelhouse Analytics, LLC \| Proprietary technologies
Intangible assets
Intangible assets acquired, Amount									$ 2,500
Intangible assets acquired, Useful Life In Years									6 years
Wheelhouse Analytics, LLC \| Trade names
Intangible assets
Intangible assets acquired, Amount									$ 100
Intangible assets acquired, Useful Life In Years									2 years
Upside Holdings, Inc.
Consideration transferred in acquisition
Cash consideration								$ 2,040
Promissory note								615
Cash acquired								(14)
Purchase consideration liability								615
Total								2,641
Estimated fair values of the assets acquired and liabilities assumed
Total tangible assets acquired								88
Identifiable intangible assets								1,450
Goodwill								1,507
Total liabilities assumed								(404)
Total net assets acquired								2,641
Upside Holdings, Inc. \| Proprietary technologies
Intangible assets
Intangible assets acquired, Amount								$ 1,450
Intangible assets acquired, Useful Life In Years								4 years
One \| Castle Rock Innovations, Inc.
Consideration transferred in acquisition
Annual revenue target for contingent consideration (as a percent)						40.00%
Revenue target for contingent consideration adjustment						$ 100
Two \| Castle Rock Innovations, Inc.
Consideration transferred in acquisition
Annual revenue target for contingent consideration (as a percent)						35.00%
Revenue target for contingent consideration adjustment						$ 100
Three \| Castle Rock Innovations, Inc.
Consideration transferred in acquisition
Annual revenue target for contingent consideration (as a percent)						30.00%
Revenue target for contingent consideration adjustment						$ 100
ERS
Consideration transferred in acquisition
Ownership interest (as a percent)															64.50%
ERS \| Castle Rock Innovations, Inc.
Consideration transferred in acquisition
Equity value issued (in dollars per share) \| $ / shares					$ 6.5
Issuance of redeemable units in ERS					$ 900
Period to repurchase issued units in the subscription agreement					36 months
ERS \| Klein
Consideration transferred in acquisition
Ownership interest (as a percent)									81.50%	80.80%