Company: ACIW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000935036-25-000019
Chunk: 65

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 65
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%, during the six months ended June 30, 2025, as compared to the same period in 2024. 

•General and administrative expenses for the six months ended June 30, 2025, included $5.1 million for cost reduction strategies and $0.4 million of other significant transaction-related expenses, compared to $3.0 million for cost reduction strategies and $0.7 million of other significant transaction-related expenses during the same period in 2024. 

•The impact of foreign currencies weakening against the U.S. dollar resulted in a $0.3 million decrease in general and administrative expense during the six months ended June 30, 2025, as compared to the same period in 2024.

•Adjusted for the impact of significant transaction-related expenses and foreign currency, general and administrative expense increased $12.8 million, or 27%, for the six months ended June 30, 2025, as compared to the same period in 2024. 

•The increase was primarily due to higher personnel and related expenses of $10.1 million, including a $6.1 million increase in stock-based compensation expense, as well as an increase in professional and other legal fees of $2.7 million.

Depreciation and Amortization

Depreciation and amortization decreased $7.1 million, or 13%, during the six months ended June 30, 2025, as compared to the same period in 2024.

•The decrease was primarily due to a decrease in amortization for fully amortized intangibles acquired through acquisitions.

Other Income and Expense

Interest expense for the six months ended June 30, 2025, decreased $8.3 million, or 22%, as compared to the same period in 2024, primarily due to lower comparative debt balances during 2025 as well as a decrease in interest rates. 

Interest income for the six months ended June 30, 2025, remained flat as compared to the same period in 2024.

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Other, net is primarily comprised of foreign currency transaction gains and losses. During the six months ended June 30, 2025, other, net also included the $25.9 million gain on the sale of the Company's equity method investment and the $1.1 million loss on extinguishment of debt. Other, net was $17.3 million income and $0.9 million of expense for the six months ended June 30,