| Schedule of changes in the carrying amount of goodwill by segment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Envestnet
|
|
Envestnet | Yodlee
|
|
Total
|
|
Balance at December 31, 2017
|
|
$
|
163,751
|
|
$
|
269,204
|
|
$
|
432,955
|
|
FolioDynamix acquisition
|
|
|
97,248
|
|
|
—
|
|
|
97,248
|
|
Foreign currency
|
|
|
—
|
|
|
(176)
|
|
|
(176)
|
|
Balance at March 31, 2018
|
|
$
|
260,999
|
|
$
|
269,028
|
|
$
|
530,027
|
|
| Schedule of components of intangible assets, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31, 2018
|
|
December 31, 2017
|
|
|
|
|
|
|
|
|
Gross
|
|
|
|
|
Net
|
|
Gross
|
|
|
|
|
Net
|
|
|
|
Estimated
|
|
Carrying
|
|
Accumulated
|
|
Carrying
|
|
Carrying
|
|
Accumulated
|
|
Carrying
|
|
|
|
Useful Life
|
|
Amount
|
|
Amortization
|
|
Amount
|
|
Amount
|
|
Amortization
|
|
Amount
|
|
Customer lists
|
|
7
|
-
|
15
|
years
|
|
$
|
354,350
|
|
$
|
(87,244)
|
|
$
|
267,106
|
|
$
|
259,350
|
|
$
|
(78,482)
|
|
$
|
180,868
|
|
Proprietary technologies
|
|
4
|
-
|
8
|
years
|
|
|
76,043
|
|
|
(34,984)
|
|
|
41,059
|
|
|
57,377
|
|
|
(31,067)
|
|
|
26,310
|
|
Trade names
|
|
1
|
-
|
7
|
years
|
|
|
29,540
|
|
|
(10,870)
|
|
|
18,670
|
|
|
24,840
|
|
|
(9,701)
|
|
|
15,139
|
|
Backlog
|
|
|
|
4
|
years
|
|
|
11,000
|
|
|
(10,673)
|
|
|
327
|
|
|
11,000
|
|
|
(10,586)
|
|
|
414
|
|
Total intangible assets
|
|
|
|
|
|
|
$
|
470,933
|
|
$
|
(143,771)
|
|
$
|
327,162
|
|
$
|
352,567
|
|
$
|
(129,836)
|
|
$
|
222,731
|
|
| Schedule of future amortization expense of the intangible assets |
Future amortization expense of the intangible assets as of March 31, 2018, is expected to be as follows:
|
|
|
|
|
Years ending December 31:
|
|
|
|
Remainder of 2018
|
$
|
39,500
|
|
2019
|
|
47,727
|
|
2020
|
|
43,591
|
|
2021
|
|
34,811
|
|
2022
|
|
32,223
|
|
Thereafter
|
|
129,310
|
|
|
$
|
327,162
|
|