Table of Contents I 96

CPSI 2017 Annual Report

To Our Shareholders III
Form 10-K VII
Table of Contents VIII
Special Note Regarding Forward-Looking Statements IX
Part I 1
Business 1
Overview 1
Industry Dynamics 1
Our Solutions 3
Strategy 4
Our Products and Services 5
Product Development and Enhancement 11
System Implementation and Training 12
Customers, Sales and Marketing 13
Backlog 14
Competition 14
Health Information Security and Privacy Practices 16
Intellectual Property 16
Employees 17
Executive Officers 17
Company Web Site 18
Item 1A. Risk Factors 19
Item 1B. Unresolved Staff Comments 34
Item 2. Properties 34
Item 3. Legal Proceedings 34
Item 4. Mine Safety Disclosures 34
Part II 35
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 35
Item 6. Selected Financial Data 36
Item 7. Management’s Discussion and Analysis of Financial Condition and Results ofOperations 37
Item 7A. Quantitative and Qualitative Disclosures about Market Risk 53
Item 8. Financial Statements and Supplementary Data 54
Item 9. Changes in and Disagreements with Accountants on Accounting and FinancialDisclosure 89
Item 9A. Controls and Procedures 89
Item 9B. Other Information 90
Part III 91
Item 10. Directors, Executive Officers and Corporate Governance 91
Item 11. Executive Compensation 91
Item 12. Security Ownership of Certain Beneficial Owners and Management and RelatedStockholder Matters 91
Item 13. Certain Relationships and Related Transactions, and Director Independence 91
Item 14. Principal Accountant Fees and Services 91
Part IV 92
Item 15. Exhibits and Financial Statement Schedules 92
Signatures 92

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