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, 2012

Property and equipment consist of the following:


	Estimated Useful Life	June 30, 2012			December 31, 2011

Cost:
Office furniture and fixtures	5-7 years	$	3,338		$	2,713
Computer equipment and software	3 years		20,831			18,942
Other office equipment	5 years		598			598
Leasehold improvements	Shorter of the term of the lease or useful life of the asset		7,340			5,833

			32,107			28,086
Less accumulated depreciation and amortization			(19,730	)		(16,995	)

Property and equipment, net		$	12,377		$	11,091

Depreciation and amortization expense for property and equipment

Depreciation and amortization expense for property and equipment was as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011

Depreciation and amortization expense	$	1,223	$	950	$	2,260	$	1,814

- 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.

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