Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2016

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, 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
Purchase accounting adjustments	(345		)	—			(345		)
Foreign currency translation adjustment	—			127			127
Balance as of December 31, 2016	$	356,041		$	192,700		$	548,741

Intangible Assets Other than Goodwill

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

	December 31, 2016							December 31, 2015
	Gross carrying amount		Accumulated amortization			Net		Gross carrying amount		Accumulated amortization			Net
Definite-lived intangible assets:
Customer relationships	$	101,690	$	(62,381	)	$	39,309	$	101,681	$	(49,664	)	$	52,017
Advisor relationships	240,300		(17,138		)	223,162		240,300		—			240,300
Sponsor relationships	16,500		(917		)	15,583		16,500		—			16,500
Curriculum	800		(200		)	600		800		—			800
Technology	43,855		(32,331		)	11,524		43,948		(29,270		)	14,678
Total definite-lived intangible assets	403,145		(112,967		)	290,178		403,229		(78,934		)	324,295
Indefinite-lived intangible assets:
Trade names	72,000		—			72,000		72,000		—			72,000
Total	$	475,145	$	(112,967	)	$	362,178	$	475,229	$	(78,934	)	$	396,295

Summary of Amortization Expense

Amortization expense was as follows (in thousands):

	Years ended December 31,
	2016		2015		2014
Statement of comprehensive income line item:
Cost of revenue	$	812	$	7,546	$	7,450
Amortization of other acquired intangible assets	33,331		12,757		12,742
Total	$	34,143	$	20,303	$	20,192

Information About Expected Amortization of Definite-Lived Intangible Assets

Expected amortization of definite-lived intangible assets held as of December 31, 2016 is as follows (in thousands):

	2017		2018		2019		2020		2021		Thereafter		Total
Statement of comprehensive income line item:
Cost of revenue	$	188	$	94	$	—	$	—	$	—	$	—	$	282
Amortization of other acquired intangible assets	33,155		32,844		32,607		20,254		17,423		153,613		289,896
Total	$	33,343	$	32,938	$	32,607	$	20,254	$	17,423	$	153,613	$	290,178