Debt (Tables)

12 Months Ended

Dec. 31, 2016

Debt outstanding, excluding capital lease obligations, consisted of the following:

	December 31, 2016						December 31, 2015
(In thousands)	Principal Balance		Unamortized Discount and Debt Issuance Costs		Net Carrying Amount		Principal Balance		Unamortized Discount and Debt Issuance Costs		Net Carrying Amount
1.25% Cash Convertible Senior Notes	$	345,000	$	49,186	$	295,814	$	345,000	$	61,771	$	283,229
Senior Secured Credit Facility		441,875		4,691		437,184		346,875		5,704		341,171
Netsmart Non-Recourse Debt:
First Lien Term Loan		432,925		11,655		421,270		0		0		0
Second Lien Term Loan		167,000		8,901		158,099		0		0		0
Other debt		13		0		13		183		0		183
Total debt	$	1,386,813	$	74,433	$	1,312,380	$	692,058	$	67,475	$	624,583
Less debt payable within one year - excluding Netsmart		15,638		480		15,158		12,657		479		12,178
Less debt payable within one year - Netsmart		4,351		1,900		2,451		0		0		0
Total long-term debt, less current maturities	$	1,366,824	$	72,053	$	1,294,771	$	679,401	$	66,996	$	612,405

Interest expense consisted of the following:

	Year Ended December 31,
(In thousands)	2016		2015		2014
Interest expense	$	15,556	$	16,284	$	16,020
Amortization of discounts and debt issuance costs		13,922		13,679		13,277
Write off of unamortized deferred debt issuance costs		0		1,433		0
Netsmart:
Interest expense ⁽¹⁾		30,820		0		0
Amortization of discounts and debt issuance costs		2,619		0		0
Write off of unamortized deferred debt issuance costs		5,224		0		0
Total interest expense	$	68,141	$	31,396	$	29,297

⁽¹⁾	Includes interest expense related to capital leases.

The following table summarizes future debt payments as of December 31, 2016:

(In thousands)	Total		2017		2018		2019		2020		2021		Thereafter
1.25% Cash Convertible Senior Notes ⁽¹⁾	$	345,000	$	0	$	0	$	0	$	345,000	$	0	$	0
Term Loan ⁽²⁾		234,375		15,625		28,125		40,625		150,000		0		0
Revolving Facility ⁽²⁾		207,500		0		0		0		207,500		0		0
Netsmart Non-Recourse Debt ⁽²⁾
First Lien Term Loan		432,925		4,351		4,351		4,351		4,351		4,351		411,170
Second Lien Term Loan		167,000		0		0		0		0		0		167,000
Other debt		13		13		0		0		0		0		0
Total debt	$	1,386,813	$	19,989	$	32,476	$	44,976	$	706,851	$	4,351	$	578,170

⁽¹⁾

Assumes no cash conversions of the 1.25% Notes prior to their maturity on July 1, 2020.

⁽²⁾

Assumes no additional borrowings after December 31, 2016 and that all drawn amounts are repaid upon maturity.

Interest expense related to the 1.25% Cash Convertible Senior Notes was comprised of the following:

	Year Ended December 31,
(In thousands)	2016		2015		2014
Coupon interest at 1.25%	$	4,312	$	4,312	$	4,312
Amortization of discounts and debt issuance costs		12,585		11,994		11,433
Total interest expense related to the 1.25% Notes	$	16,897	$	16,306	$	15,745