Envestnet, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Business Acquisitions (Tables)

Business Acquisitions (Tables)

9 Months Ended

Sep. 30, 2014

Klein Decisions, Inc.

Business acquisitions

Summary of consideration in the acquisition

Cash consideration		$	1,288
Promissory note		1,500
Contingent consideration		3,285
		$	6,073

Summary of the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition

Total tangible assets acquired		$	54
Total liabilities assumed		(132		)

Identifiable intangible assets:
Customer list		2,100
Proprietary technology		1,000
Goodwill		3,051
Total net assets acquired		$	6,073

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

					Weighted Average		Amortization
		Amount			Useful Life in Years		Method
Customer list		$	2,100		10		Accelerated
Proprietary technology		1,000			3		Straight-line
Total		$	3,100

WMS

Business acquisitions

Summary of consideration in the acquisition

Cash consideration		$	8,992
Contingent consideration		15,738
		$	24,730

Summary of the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition

Total tangible assets acquired		$	1,296
Total liabilities assumed		(2,257		)
Identifiable intangible assets:
Customer list		14,000
Proprietary technology		3,000
Goodwill		8,691
Total net assets acquired		$	24,730

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

		Amount			Weighted Average Useful Life in Years		Amortization Method
Customer list		$	14,000		12		Accelerated
Proprietary technology		3,000			1.5		Accelerated
Total		$	17,000

Schedule of pro forma financial information

		Nine Months Ended

Revenues		$	200,585
Net loss		(9,496		)
Net loss per share:
Basic		(0.29		)
Diluted		(0.29		)