Envestnet, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

Property and Equipment (Tables)

6 Months Ended

Jun. 30, 2013

Schedule of components of property and equipment

		June 30,			December 31,
	Estimated Useful Life	2013			2012

Cost:
Office furniture and fixtures	5-7 years	$	3,763		$	3,613
Computer equipment and software	3 years	23,530			22,098
Other office equipment	5 years	598			598
Leasehold improvements	Shorter of the term of the lease or useful life of the asset	7,694			7,638
		35,585			33,947
Less accumulated depreciation and amortization		(24,374		)	(22,156		)
Property and equipment, net		$	11,211		$	11,791

Schedule of depreciation and amortization expense

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2013		2012		2013		2012

Depreciation and amortization expense	$	1,095	$	1,223	$	2,218	$	2,260

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References + Details