Company: ACIW
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000935036-25-000013
Chunk: 69

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 69
---
 amounts previously authorized.The Company repurchased 264,936 shares for $14.4 million during the three months ended March 31, 2025. Under the program to date, the Company has repurchased 63,132,773 shares for approximately $1.1 billion. As of March 31, 2025, the maximum remaining amount authorized for purchase under the stock repurchase program was $358.1 million.Subsequent to March 31, 2025, the Company has repurchased additional shares under the repurchase program.

7. Earnings (Loss) Per Share 

Basic earnings (loss) per share is computed in accordance with ASC 260, Earnings Per Share, based on weighted average outstanding common shares. Diluted earnings (loss) per share is computed based on basic weighted average outstanding common shares adjusted for the dilutive effect of stock options, RSUs, and certain contingently issuable shares for which performance targets have been achieved.The following table reconciles the weighted average share amounts used to compute both basic and diluted earnings (loss) per share (in thousands):Three Months Ended March 31,20252024Weighted average shares outstanding:Basic weighted average shares outstanding105,350 106,799 Add: Dilutive effect of stock options, RSUs, and contingently issuable shares1,477 — Diluted weighted average shares outstanding106,827 106,799 

15

The diluted earnings (loss) per share computation excludes 1.4 million and 4.4 million options to purchase shares, RSUs, and contingently issuable shares during the three months ended March 31, 2025 and 2024, respectively, as their effect would be anti-dilutive.Common stock outstanding as of March 31, 2025, and December 31, 2024, was 105,273,273 and 105,254,913, respectively.

8. Other, Net

Other, net is primarily comprised of foreign currency transaction gains and losses and, for the three months ended March 31, 2025, the $25.9 million gain on the sale of the Company's equity method investment. Other, net was $23.7 million of income and $2.0 million of expense for the three months ended March 31, 2025 and 2024, respectively. 

9. Segment Information 

In 2025, the Company made a change in organizational structure to align with its strategic direction