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

Leases (Tables)

12 Months Ended

Dec. 31, 2021

The following table illustrates information for the Company's leases as of and for the year ended December 2021 and 2020:


	December 31,
	2021			2020
	(in thousands)
Total operating lease cost	$	18,600		$	17,241
Short-term lease cost	4,940			5,049
Weighted average remaining lease term (in years)	9.8			10.2
Weighted average discount rate	5.1		%	5.1		%
Cash paid for amounts included in the measurement of the operating lease liability	18,052			21,467

Future minimum lease payments under non-cancellable leases, as of December 31, 2021, were as follows:


	Operating
	Leases
Years Ending December 31,	(in thousands)
2022	$	14,781
2023	15,518
2024	14,628
2025	13,728
2026	14,684
Thereafter	76,273
Total future minimum lease payments	149,612
Less imputed interest	(32,693)
Total operating lease liabilities	$	116,919