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Stock Award Plans (Tables)
12 Months Ended
Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock-Based Compensation Expense

Total recognized stock-based compensation expense was as follows:

 

 

 

Year Ended December 31,

 

(In thousands)

 

2016

 

 

2015

 

 

2014

 

Cost of revenue:

 

 

 

 

 

 

 

 

 

 

 

 

Software delivery, support and maintenance

 

$

4,228

 

 

$

4,224

 

 

$

1,492

 

Client services

 

 

4,493

 

 

 

4,508

 

 

 

4,422

 

Total cost of revenue

 

 

8,721

 

 

 

8,732

 

 

 

5,914

 

Selling, general and administrative expenses

 

 

27,256

 

 

 

20,069

 

 

 

25,376

 

Research and development

 

 

8,175

 

 

 

7,826

 

 

 

7,964

 

Total stock-based compensation expense

 

$

44,152

 

 

$

36,627

 

 

$

39,254

 

 

Activity for Restricted Stock Awards

The following table summarizes the activity for restricted stock units during the periods presented:

 

 

 

 

 

 

Weighted-Average

 

(In thousands, except per share amounts)

 

Shares

 

 

Grant Date Fair Value

 

Unvested restricted stock units as of December 31, 2013

 

 

5,734

 

 

$

13.94

 

Awarded

 

 

2,199

 

 

 

18.09

 

Vested

 

 

(2,044

)

 

 

13.90

 

Forfeited

 

 

(793

)

 

 

14.28

 

Unvested restricted stock units as of December 31, 2014

 

 

5,096

 

 

 

15.69

 

Awarded

 

 

2,937

 

 

 

12.07

 

Vested

 

 

(1,612

)

 

 

14.84

 

Forfeited

 

 

(1,042

)

 

 

14.74

 

Unvested restricted stock units as of December 31, 2015

 

 

5,379

 

 

 

14.15

 

Awarded

 

 

3,480

 

 

 

12.88

 

Vested

 

 

(2,095

)

 

 

13.84

 

Forfeited

 

 

(517

)

 

 

14.30

 

Unvested restricted stock units as of December 31, 2016

 

 

6,247

 

 

$

13.54

 

 

Stock Options Outstanding

The following table summarizes the status of stock options outstanding and the changes during the periods presented:

 

 

 

Options

 

 

Weighted-Average

 

 

Options

 

 

Weighted-Average

 

(In thousands, except per share amounts)

 

Outstanding

 

 

Exercise Price

 

 

Exercisable

 

 

Exercise Price

 

Balance as of December 31, 2013

 

 

4,322

 

 

$

14.28

 

 

 

1,025

 

 

$

15.52

 

Options granted

 

 

0

 

 

 

0.00

 

 

 

 

 

 

 

 

 

Options exercised

 

 

(289

)

 

 

11.88

 

 

 

 

 

 

 

 

 

Options forfeited

 

 

(606

)

 

 

15.03

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2014

 

 

3,427

 

 

 

14.35

 

 

 

1,393

 

 

 

14.97

 

Options granted

 

 

0

 

 

 

0.00

 

 

 

 

 

 

 

 

 

Options exercised

 

 

(317

)

 

 

11.44

 

 

 

 

 

 

 

 

 

Options forfeited

 

 

(767

)

 

 

15.89

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2015

 

 

2,343

 

 

 

14.24

 

 

 

1,282

 

 

 

14.52

 

Options granted

 

 

0

 

 

 

0.00

 

 

 

 

 

 

 

 

 

Options exercised

 

 

(6

)

 

 

14.01

 

 

 

 

 

 

 

 

 

Options forfeited

 

 

(434

)

 

 

15.51

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2016

 

 

1,903

 

 

$

13.95

 

 

 

1,431

 

 

$

13.98

 

 

Stock Option Activity

The following activity occurred under the Plan:

 

 

Year Ended December 31,

 

(In thousands)

 

2016

 

 

2015

 

 

2014

 

Total intrinsic value of stock options exercised

 

$

1

 

 

$

972

 

 

$

1,535

 

Total fair value of share awards vested

 

$

26,892

 

 

$

21,673

 

 

$

31,672

 

 

Stock Option Awards

The following table summarizes information about stock options outstanding under the Plan as of December 31, 2016:

 

 

Number of

 

 

 

 

 

 

Number of

 

 

 

 

 

 

 

Options

 

 

Weighted-Average

 

 

Options

 

 

Weighted-Average

 

Range of Exercise Prices

 

Outstanding

 

 

Exercise Price

 

 

Exercisable

 

 

Exercise Price

 

$12.50 to $14.78

 

 

1,727,810

 

 

$

13.77

 

 

 

1,289,044

 

 

$

13.76

 

$14.94 to $16.80

 

 

158,517

 

 

$

15.51

 

 

 

126,304

 

 

$

15.58

 

$18.45 to $18.74

 

 

15,940

 

 

$

18.70

 

 

 

15,940

 

 

$

18.70

 

 

 

 

1,902,267

 

 

 

 

 

 

 

1,431,288

 

 

 

 

 

 

Netsmart [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock-Based Compensation Expense

The stock-based compensation expense was included in the following categories in our consolidated statement of operations for the year ended December 31, 2016:

(In thousands)

 

 

 

 

Cost of revenue:

 

 

 

 

System sales

 

$

103

 

Professional services

 

 

130

 

Total cost of revenue

 

 

233

 

Selling, general and administrative expenses

 

 

5,427

 

Research and development

 

 

146

 

Total stock-based compensation expense

 

$

5,806

 

 

Netsmart [Member] | Class B Non Voting Common Units  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock Options Outstanding

Option Units outstanding at December 31, 2016 are as follows:

(Option Units in thousands, except per unit amounts)

 

 

Outstanding

 

 

Exercisable

 

Exercise price

 

 

Option Units

 

 

Weighted

Average

Fair

Value

 

 

Weighted

Average

Remaining

Life

 

 

Option Units

 

 

Average

Fair

Value

 

 

Weighted

Average

Remaining

Life

 

$

1.00

 

 

 

87,573

 

 

$

0.54

 

 

 

9.31

 

 

 

0

 

 

$

0.00

 

 

 

0

 

 

Schedule of Fair Value of Option Units Weighted Average Assumptions

The fair value of Option Units outstanding as of December 31, 2016 was estimated using the Black‑Scholes‑Merton option pricing model using the following weighted-average assumptions:

Average expected term in years

 

 

6.31

 

Risk free rate (weighted average)

 

 

2.3

%

Expected dividends

 

 

0.0

%

Average volatility

 

 

53.7

%

 

Netsmart [Member] | Nathan Holding LLC 2016 Unit Option Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock Options Outstanding

A summary of the activity under the Netsmart Plan during the 2016 Period is as follows:

(Option Units in thousands, except per unit amounts)

 

Option Units

 

 

Weighted Average

Exercise Price

 

Granted

 

 

89,889

 

 

$

1.00

 

Called

 

 

0

 

 

 

0.00

 

Exercised

 

 

0

 

 

 

0.00

 

Forfeited

 

 

(2,316

)

 

 

1.00

 

Outstanding – December 31, 2016

 

 

87,573

 

 

 

1.00

 

Exercisable – December 31, 2016

 

 

0

 

 

$

0.00