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)

3 Months Ended

Mar. 31, 2016

Business acquisitions

Schedule of pro forma financial information


	Three Months Ended
	March 31, 2015
Revenues	$	122,338
Net loss		(7,801)
Net loss per share:
Basic		(0.19)
Diluted		(0.19)

FinaConnect, Inc.

Business acquisitions

Summary of consideration in the acquisition


Cash consideration		$	6,425
Contingent consideration liability			1,929
Working capital adjustment			269
Cash acquired			(1)
Total		$	8,622

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


Total tangible assets acquired		$	136
Total liabilities assumed			(556)
Identifiable intangible assets			5,425
Goodwill			3,617
Total net assets acquired		$	8,622

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


					Weighted Average		Amortization
		Amount			Useful Life in Years		Method
Customer list		$	4,300		12		Accelerated
Proprietary technology			800		5		Straight-line
Trade names and domains			325		2		Straight-line
Total		$	5,425

Castle Rock Innovations, Inc.

Business acquisitions

Summary of consideration in the acquisition


Cash consideration		$	6,190
Contingent consideration liability			1,500
Cash acquired			(320)
Total		$	7,370

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


Total tangible assets acquired		$	255
Total liabilities assumed			(1,305)
Identifiable intangible assets			3,400
Goodwill			5,020
Total net assets acquired		$	7,370

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


					Weighted Average		Amortization
		Amount			Useful Life in Years		Method
Customer list		$	2,500		12		Accelerated
Proprietary technology			800		5		Straight-line
Trade names and domains			100		4		Straight-line
Total		$	3,400

Business acquisitions

Summary of consideration in the acquisition


Cash consideration		$	375,658
Stock consideration			186,522
Attribution of the fair market value of replacement awards			4,318
Cash acquired			(63,234)
		$	503,264

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


Total tangible assets acquired		$	33,815
Total liabilities assumed			(55,240)
Identifiable intangible assets			237,000
Goodwill			287,689
Total net assets acquired		$	503,264

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


					Weighted Average		Amortization
		Amount			Useful Life in Years		Method
Customer list		$	178,000		12		Accelerated
Backlog			11,000		4		Accelerated
Proprietary technology			35,000		5		Straight-line
Trade names			13,000		6		Straight-line
Total		$	237,000