Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Goodwill Activity

The following table presents goodwill by reportable segment (in thousands):

	Wealth Management		Tax Preparation			Total
Balance as of December 31, 2013	$	—	$	188,541		$	188,541
Additions	—		—			—
Foreign currency translation adjustment	—		—			—
Balance as of December 31, 2014	—		188,541			188,541
Additions	356,386		4,473			360,859
Foreign currency translation adjustment	—		(441		)	(441		)
Balance as of December 31, 2015	$	356,386	$	192,573		$	548,959

Intangible Assets Other than Goodwill

Intangible assets other than goodwill consisted of the following (in thousands):

	December 31, 2015							December 31, 2014
	Gross carrying amount		Accumulated amortization			Net		Gross carrying amount		Accumulated amortization			Net
Definite-lived intangible assets:
Customer relationships	$	101,681	$	(49,664	)	$	52,017	$	101,600	$	(37,052	)	$	64,548
Advisor relationships	240,300		—			240,300		—		—			—
Sponsor relationships	16,500		—			16,500		—		—			—
Curriculum	800		—			800		—		—			—
Technology	43,948		(29,270		)	14,678		29,800		(21,729		)	8,071
Total definite-lived intangible assets	403,229		(78,934		)	324,295		131,400		(58,781		)	72,619
Indefinite-lived intangible assets:
Trade names	72,000		—			72,000		19,500		—			19,500
Total	$	475,229	$	(78,934	)	$	396,295	$	150,900	$	(58,781	)	$	92,119

Summary of Amortization Expense

Amortization expense was as follows (in thousands):

	Years ended December 31.
	2015		2014		2013
Statement of comprehensive income line item:
Cost of revenue	$	7,546	$	7,450	$	7,450
Amortization of other acquired intangible assets	12,757		12,742		12,692
Total	$	20,303	$	20,192	$	20,142

Information About Expected Amortization of Definite-Lived Intangible Assets

Expected amortization of definite-lived intangible assets held as of December 31, 2015 is as follows (in thousands):

	2016		2017		2018		2019		2020		Thereafter		Total
Statement of comprehensive income line item:
Cost of revenue	$	804	$	183	$	91	$	—	$	—	$	—	$	1,078
Amortization of other acquired intangible assets	33,262		33,263		33,263		33,263		21,444		168,722		323,217
Total	$	34,066	$	33,446	$	33,354	$	33,263	$	21,444	$	168,722	$	324,295