Annual report pursuant to Section 13 and 15(d)

Business Acquisitions (Yodlee) (Details)

v3.3.1.900
Business Acquisitions (Yodlee) (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 12 Months Ended
Nov. 19, 2015
USD ($)
item
$ / shares
shares
May. 06, 2015
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2015
USD ($)
$ / shares
Dec. 31, 2014
USD ($)
$ / shares
Dec. 31, 2013
USD ($)
Business acquisitions            
Acquisition of businesses, net of cash acquired       $ 328,305 $ 59,570 $ 8,992
Consideration transferred in acquisition            
Attribution of the fair market value of replacement award       4,318    
Estimated fair values of the assets acquired and liabilities assumed            
Goodwill     $ 421,273 421,273 104,976 74,335
Acquisition related costs       9,792 2,430 946
Intangible assets            
Intangible assets acquired, Amount   $ 9,800        
Pro forma financial information            
Acquired intangible asset amortization       17,636 10,642 8,452
Business acquisition costs     9,792 9,792    
Accretion on contingent consideration       888 1,472 $ 787
Revenues       517,891 457,972  
Net income (loss)       $ (48,973) $ (26,846)  
Basic (in dollars per share) | $ / shares       $ (1.15) $ (0.66)  
Diluted (in dollars per share) | $ / shares       $ (1.15) $ (0.66)  
Customer lists            
Intangible assets            
Intangible assets acquired, Amount   $ 8,300        
Intangible assets acquired, Weighted Average Useful Life In Years   12 years        
Proprietary technology            
Intangible assets            
Intangible assets acquired, Amount   $ 1,000        
Intangible assets acquired, Weighted Average Useful Life In Years   4 years        
Trade names            
Intangible assets            
Intangible assets acquired, Amount   $ 500        
Intangible assets acquired, Weighted Average Useful Life In Years   5 years        
Yodlee, Inc            
Business acquisitions            
Number of patents awarded | item 76          
Cash value issued (in dollars per share) | $ / shares $ 11.51          
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          
Equity value issued (in dollars per share) | $ / shares $ 17.49          
Acquisition of businesses, net of cash acquired $ 300,723          
Consideration issued (in shares) | shares 5,974,000          
Exercised statutory appraisal rights (in shares) | shares 577,829          
Interest rate used to compute interest payable (as a percent) 5.00%          
Consideration transferred in acquisition            
Cash consideration $ 363,957          
Stock consideration 186,522          
Purchase consideration liabilities 10,061          
Attribution of the fair market value of replacement award 4,318          
Cash acquired (63,234)          
Total $ 501,624          
Granted (in shares) | shares 1,052,000          
Unrecognized compensation expense related to unvested restricted stock $ 28,518          
Unrecognized compensation expense weighted-average recognition period 43 months          
Estimated fair values of the assets acquired and liabilities assumed            
Total tangible assets acquired $ 33,815          
Total liabilities assumed (55,240)          
Identifiable intangible assets 237,000          
Goodwill 286,049          
Total net assets acquired 501,624          
Intangible assets            
Intangible assets acquired, Amount 237,000          
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     $ 6,624 $ 6,624    
Yodlee, Inc | Replacement Awards            
Consideration transferred in acquisition            
Stock consideration 32,836          
Attribution of the fair market value of replacement award $ 4,318          
Granted (in shares) | shares 1,052,000          
Unrecognized compensation expense related to unvested restricted stock $ 28,518          
Unrecognized compensation expense weighted-average recognition period 43 months          
Yodlee, Inc | Customer lists            
Intangible assets            
Intangible assets acquired, Amount $ 178,000          
Intangible assets acquired, Weighted Average Useful Life In Years 12 years          
Yodlee, Inc | Backlog            
Intangible assets            
Intangible assets acquired, Amount $ 11,000          
Intangible assets acquired, Weighted Average Useful Life In Years 4 years          
Yodlee, Inc | Proprietary technology            
Intangible assets            
Intangible assets acquired, Amount $ 35,000          
Intangible assets acquired, Weighted Average Useful Life In Years 5 years          
Yodlee, Inc | Trade names            
Intangible assets            
Intangible assets acquired, Amount $ 13,000          
Intangible assets acquired, Weighted Average Useful Life In Years 6 years          
Yodlee, Inc | Minimum            
Business acquisitions            
Number of paid subscribers | item 20,000,000          
Number of serviced financial institutions | item 950          
Number of data sources | item 14,500