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

Property and Equipment, Net

6 Months Ended

Jun. 30, 2017

5. Property and Equipment, Net

Property and equipment, net consists of the following:


		June 30,		December 31,
	Estimated Useful Life	2017		2016
Cost:
Computer equipment and software	3 years	$	58,442	$	52,921
Leasehold improvements	Shorter of the lease term or useful life of the asset		20,524		17,286
Office furniture and fixtures	3-7 years		7,710		6,911
Other office equipment	3-5 years		1,764		1,367
			88,440		78,485
Less: accumulated depreciation and amortization			(53,653)		(45,485)
Property and equipment, net		$	34,787	$	33,000

Depreciation and amortization expense was as follows:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2017		2016		2017		2016
Depreciation and amortization expense	$	3,853	$	4,048	$	7,944	$	7,407