Company: ACIW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000935036-25-000019
Chunk: 27

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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114,082)$1,236,756 

The accompanying notes are an integral part of the condensed consolidated financial statements.

7

ACI WORLDWIDE, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(unaudited and in thousands)Six Months Ended June 30,20252024Cash flows from operating activities:Net income$71,072 $23,136 Adjustments to reconcile net income to net cash flows from operating activities:Depreciation6,345 7,195 Amortization41,741 48,000 Amortization of operating lease right-of-use assets4,842 4,999 Amortization of deferred debt issuance costs1,270 1,598 Deferred income taxes(4,208)1,516 Stock-based compensation expense28,038 18,819 Gain on sale of equity investment(25,927)— Other873 (2,067)Changes in operating assets and liabilities:Receivables48,691 99,598 Accounts payable12,411 4,849 Accrued employee compensation(16,202)(19,884)Deferred revenue(7,841)8,317 Other current and noncurrent assets and liabilities(33,087)(17,818)Net cash flows from operating activities128,018 178,258 Cash flows from investing activities:Purchases of property and equipment(4,326)(4,954)Purchases of software and distribution rights(12,142)(19,024)Proceeds from sale of equity investment46,021 — Net cash flows from investing activities29,553 (23,978)Cash flows from financing activities:Proceeds from issuance of common stock1,632 1,397 Proceeds from exercises of stock options796 752 Repurchase of stock-based compensation awards for tax withholdings(20,226)(6,339)Repurchases of common stock(133,770)(119,674)Redemption of 2026 Notes(400,000)— Proceeds from revolving credit facility290,000 164,000 Repayment of revolving credit facility(100,000)(152,000)Proceeds from term portion of credit agreement200,000 500,000 Repayment of term portion of credit agreement(18,750)(538,448)Payments on or proceeds from other debt, net(10,664)(8,669)