Company: ACIW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000935036-25-000019
Chunk: 38

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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 30, 2025, estimated amortization expense amounts in future fiscal years are as follows (in thousands):Fiscal Year Ending December 31,Software AmortizationOther Intangible Assets AmortizationRemainder of 2025$29,685 $10,596 202636,636 21,193 202716,929 20,922 20285,030 18,522 2029286 17,904 Thereafter8 67,401 Total$88,574 $156,538 

5. Stock-Based Compensation Plans 

Employee Stock Purchase PlanShares issued under the 2017 Employee Stock Purchase Plan during the six months ended June 30, 2025 and 2024, totaled 35,586 and 51,397, respectively.Stock OptionsA summary of stock option activity is as follows:Number ofSharesWeighted AverageExercise Price ($)Weighted AverageRemaining ContractualTerm (Years)Aggregate Intrinsic Valueof In-the-MoneyOptions ($)Outstanding as of December 31, 2024539,270 $18.65 Exercised(44,516)17.89 Outstanding as of June 30, 2025494,754 $18.71 1.01$13,455,559 Exercisable as of June 30, 2025494,754 $18.71 1.01$13,455,559 The total intrinsic value of stock options exercised during the six months ended June 30, 2025 and 2024, was $1.5 million and $0.6 million, respectively. There were no stock options granted during the six months ended June 30, 2025 or 2024.

16

Performance Share AwardsDuring the six months ended June 30, 2025, pursuant to the Company's 2020 Equity and Incentive Compensation Plan, the Company granted performance share awards with a total shareholder return component ("TSRs"). These performance share awards are earned, if at all, based upon achievement, over a specified period that must not be less than one year and is typically a three-year performance period. The awards have operating performance goals that include (i) adjusted EBITDA metrics and (ii) revenue growth rates as determined by the Company with a TSR multiplier up to plus or minus 20%. Up to 200% of the performance shares could be earned upon achievement of the performance goals, including the