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

Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net (Tables)

Property and Equipment, Net (Tables)

3 Months Ended

Mar. 31, 2020

Property, Plant and Equipment [Abstract]

Schedule of components of property and equipment, net

Depreciation and amortization expense was as follows:



		Three Months Ended
		March 31,
		2020				2019
Depreciation and amortization expense		$	5,317			$	4,366

Property and equipment, net consists of the following:



				March 31,				December 31,
		Estimated Useful Life		2020				2019
Cost:
Computer equipment and software		3 years		$	72,700			$	72,190
Leasehold improvements		Shorter of the lease term or useful life of the asset		36,180				34,645
Office furniture and fixtures		3-7 years		10,846				10,832
Office equipment and other		3-5 years		6,898				6,850
Building and building improvements		7-39 years		2,647				2,647
Land		Not applicable		940				940
				130,211				128,104
Less: accumulated depreciation and amortization				(77,021		)		(74,348		)
Total property and equipment, net				$	53,190			$	53,756