Company: ACIW
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000935036-25-000031
Chunk: 81

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 81
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)37.65 Nonvested as of September 30, 20251,942,680 $42.88 During the nine months ended September 30, 2025, a total of 903,561 RSUs vested. The Company withheld 293,044 of those shares to pay the employees’ portion of the minimum payroll withholding taxes.As of September 30, 2025, there was unrecognized compensation expense of $76.4 million related to RSUs and $21.9 million related to TSRs, which the Company expects to recognize over a weighted average period of 2.2 years and 1.6 years, respectively.

The Company recorded stock-based compensation expense recognized under ASC 718 for the three months ended September 30, 2025 and 2024, of $17.4 million and $11.3 million, respectively, with corresponding tax benefits of $2.5 million and $1.9 million, respectively. The Company recorded stock-based compensation expense recognized under ASC 718 for the nine months ended September 30, 2025 and 2024, of $45.4 million and $30.2 million, respectively, with corresponding tax benefits of $6.9 million and $5.0 million, respectively. 

6. Common Stock and Treasury Stock 

In 2005, the board approved a stock repurchase program authorizing the Company, as market and business conditions warrant, to acquire its common stock and periodically authorize additional funds for the program. In June 2024, the board approved the repurchase of the Company's common stock of up to $400.0 million, in place of the remaining purchase amounts previously authorized.The Company repurchased 3,073,321 shares for $151.0 million during the nine months ended September 30, 2025. Under the program to date, the Company has repurchased 65,941,158 shares for approximately $1.2 billion. As of September 30, 2025, the maximum remaining amount authorized for purchase under the stock repurchase program was $207.1 million.Subsequent to September 30, 2025, the Company has repurchased additional shares under the repurchase program.On October 31, 2025, the Board of Directors approved $500.0 million for the stock repurchase program in place of the remaining purchase amounts previously authorized.

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7. Earnings Per Share 

Basic earnings per share is computed in accordance with ASC 260, E