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)

6 Months Ended

Jun. 30, 2015

Upside Holdings, Inc.

Business acquisitions

Summary of consideration in the acquisition

Upfront consideration		$	2,425
Purchase liabilities		615
Working capital settlement		(385		)
Cash acquired		(14		)

		$	2,641

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

Total tangible assets acquired		$	6
Total liabilities assumed		(404		)
Identifiable intangible assets		1,450
Goodwill		1,589

Total net assets acquired		$	2,641

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

		Amount			Weighted Average Useful Life in Years		Amortization Method
Proprietary technology		$	1,450		4		Straight-line

Finance Logix's

Business acquisitions

Summary of consideration in the acquisition

Cash consideration		$	20,595
Stock and stock option consideration		8,930
Purchase liabilities		2,905
Cash acquired		(909		)

		$	31,521

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

Total tangible assets acquired		$	99
Total liabilities assumed		(2,880		)
Identifiable intangible assets		14,500
Goodwill		19,802

Total net assets acquired		$	31,521

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

		Amount			Weighted Average Useful Life in Years		Amortization Method
Customer list		$	12,500		12		Accelerated
Proprietary technology		2,000			4		Straight-line

Total		$	14,500

Placemark Holdings, Inc And Finance Logix's

Business acquisitions

Schedule of pro forma financial information

		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2015		2014		2015		2014

Revenues		102,932		90,982		200,137		175,103
Net income		2,300		2,575		4,565		4,350
Net income per share:
Basic		0.06		0.07		0.13		0.13
Diluted		0.06		0.07		0.12		0.12