Envestnet, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of components of property and equipment


			At December 31,
	Estimated Useful Life		2015		2014
Cost:
Computer equipment and software	3	years	$	44,470	$	18,540
Office furniture and fixtures	7	years		5,785		4,993
Leasehold improvements	Shorter of the lease term or useful life of the asset			15,123		10,805
Other office equipment	5	years		683		144
				66,061		34,482
Less accumulated depreciation and amortization				(37,380)		(17,853)
Property and equipment, net			$	28,681	$	16,629

Schedule of cost amount and related accumulated depreciation written off by category during the period

During 2015, the Company retired fully depreciated property and equipment that were no longer in service in the amount of $5,944. See below for the cost amounts and related accumulated depreciation written off by category:


			Accumulated
	Cost		Depreciation
Computer equipment and software	$	5,749	$	(5,749)
Office furniture and fixtures		106		(106)
Other office equipment		68		(68)
Leasehold improvements		21		(21)
Total property and equipment retirements	$	5,944	$	(5,944)

During 2014, the Company retired fully depreciated property and equipment that were no longer in service in the amount of $18,207. See below for the cost amounts and related accumulated depreciation written off by category:


			Accumulated
	Cost		Depreciation
Computer equipment and software	$	15,455	$	(15,455)
Leasehold improvements		1,435		(1,435)
Office furniture and fixtures		721		(721)
Other office equipment		596		(596)
Total property and equipment retirements	$	18,207	$	(18,207)

Schedule of depreciation and amortization expense


	Year Ended December 31,
	2015		2014		2013
Depreciation and amortization expense	$	7,668	$	5,910	$	5,151