Company: ACIW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000935036-25-000006
Chunk: 7

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 15
Chunk 7
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 recognition conclusions for these key judgment areas.

•Tested the mathematical accuracy of management’s calculations of revenue and the associated timing of revenue recognized in the financial statements.

•We evaluated management’s determination that software license pricing is highly variable by obtaining management’s highly variable analysis and performing the following:

•Testing the completeness of management’s analysis by tracing a selection of known data points from contracts into the highly variable analysis.

•Testing the accuracy of management’s analysis by selecting a sample of contracts from the highly variable analysis, obtaining the contract and price detail, and evaluating whether discounts were appropriately included in the analysis.

•Testing the mathematical accuracy of management’s calculation.

/s/ Deloitte & Touche LLP

Omaha, Nebraska

February 27, 2025 

We have served as the Company’s auditor since 2009.

50

ACI WORLDWIDE, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(in thousands, except share and per share amounts)

December 31,20242023ASSETSCurrent assetsCash and cash equivalents$216,394 $164,239 Receivables, net of allowances of $1,758 and $4,295, respectively414,399 452,337 Settlement assets318,871 723,039 Prepaid expenses29,218 31,479 Other current assets11,940 35,551 Total current assets990,822 1,406,645 Noncurrent assetsAccrued receivables, net360,079 313,983 Property and equipment, net35,069 37,856 Operating lease right-of-use assets28,864 34,338 Software, net92,893 108,418 Goodwill1,226,026 1,226,026 Intangible assets, net165,377 195,646 Deferred income taxes, net72,713 58,499 Other noncurrent assets53,450 63,328 TOTAL ASSETS$3,025,293 $3,444,739 LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent liabilitiesAccounts payable$45,422 $45,964 Settlement liabilities317,484 721,164 Employee compensation55,567 53,892 Current portion of long-term debt34,928 74,405 Deferred revenue75,419 59,580 Other current liabilities73,808 82,244 Total current liabilities602