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Business Acquisitions
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3 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2013
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| Business Acquisitions [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||
| Business Acquisitions |
Pro forma results for Envestnet, Inc. giving effect to the Prima Capital Holding, Inc. and Tamarac, Inc. acquisitions The following pro forma financial information presents the combined results of operations of Envestnet, Prima Capital Holding, Inc. (“Prima”) and Tamarac, Inc. (“Tamarac”) for the three months ended March 31, 2012. The pro forma financial information presents the results as if the acquisitions had occurred as of the beginning of 2012. The unaudited pro forma results presented include amortization charges for acquired intangible assets and stock-based compensation expense, the elimination of intercompany transactions, transaction-related expenses and the related tax effect of the aforementioned items. Pro forma financial information is presented for informational purposes and is not indicative of the results of operations that would have been achieved if the acquisitions had taken place at the beginning of the period presented.
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- Definition
The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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