Company: ACIW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000935036-25-000006
Chunk: 48

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 15
Chunk 48
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266 2,663 2,771 Sublease income(359)— — Total lease cost$11,960 $15,737 $15,277 Supplemental cash flow information related to leases is as follows (in thousands):Years Ended December 31,202420232022Cash paid for amounts included in the measurement of lease liabilities:Operating cash flows from operating leases$10,678 $14,039 $14,020 Right-of-use assets obtained in exchange for new lease obligations:Operating leases$4,875 $6,359 $7,693 Non-cash sublease paymentsOperating leases$602 $— $— Supplemental balance sheet information related to leases is as follows (in thousands, except lease term and discount rate): 

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December 31,20242023Assets:Operating lease right-of-use assets$28,864 $34,338 Liabilities:Other current liabilities$9,265 $9,348 Operating lease liabilities22,592 29,074 Total operating lease liabilities$31,857 $38,422 Weighted average remaining operating lease term (years)4.715.31Weighted average operating lease discount rate3.76 %3.47 %The Company uses its incremental borrowing rate as the discount rate. As the Company enters into operating leases in multiple jurisdictions and denominated in currencies other than the U.S. dollar, judgment is used to determine the Company’s incremental borrowing rate including (1) conversion of its subordinated borrowing rate (using published yield curves) to an unsubordinated and collateralized rate, (2) adjusting the rate to align with the term of each lease, and (3) adjusting the rate to incorporate the effects of the currency in which the lease is denominated.Maturities on lease liabilities as of December 31, 2024, are as follows (in thousands): Fiscal Year Ending December 31,2025$10,213 20266,974 20275,662 20284,889 20292,547 Thereafter3,885 Total lease payments34,170 Less: imputed interest2,313 Total lease liability$31,857 

13. Commitments and Contingencies 

In accordance with ASC 460, Guarantees, the Company recognizes the fair value for guarantee and indemnification arrangements it issues or modifies if these arrangements are within the