(Mark One)


☒			QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


☐			TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

___________________________

Delaware

47-0772104

(State or other jurisdiction of incorporation or organization)

(I.R.S. Employer Identification No.)

2811 Ponce de Leon Blvd

PH 1

Coral Gables,

Florida

33134

(Address of principal executive offices)

(Zip code)

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of the Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):


Large accelerated filer	☒	Accelerated filer	☐
Non-accelerated filer	☐	Smaller reporting company	☐
		Emerging growth company	☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

As of ~~May 2,~~October 31, 2022, there were ~~114,786,563~~112,374,133 shares of the registrant’s common stock outstanding.

Securities registered or to be registered pursuant to Section 12(b) of the Act.

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.005 par value

ACIW

Nasdaq Global Select Market

ITEM 1. FINANCIAL STATEMENTS

ACI WORLDWIDE, INC. AND SUBSIDIARIES

(unaudited and in thousands, except share and per share amounts)


		March 31, 2022		December 31, 2021			September 30, 2022		December 31, 2021
ASSETS	ASSETS					ASSETS
Current assets	Current assets					Current assets
Cash and cash equivalents	Cash and cash equivalents	$	114,754	$	122,059	Cash and cash equivalents	$	134,799	$	122,059
Receivables, net of allowances of $2,980 and $2,861, respectively		310,778		320,405
Receivables, net of allowances of $3,851 and $2,861, respectively						Receivables, net of allowances of $3,851 and $2,861, respectively	302,301		320,405
Settlement assets	Settlement assets	531,804		452,396		Settlement assets	727,754		452,396
Prepaid expenses	Prepaid expenses	33,465		24,698		Prepaid expenses	29,766		24,698
Other current assets	Other current assets	18,926		17,876		Other current assets	16,342		17,876
Total current assets	Total current assets	1,009,727		937,434		Total current assets	1,210,962		937,434
Noncurrent assets	Noncurrent assets					Noncurrent assets
Accrued receivables, net	Accrued receivables, net	276,731		276,164		Accrued receivables, net	248,285		276,164
Property and equipment, net	Property and equipment, net	60,770		63,050		Property and equipment, net	54,328		63,050
Operating lease right-of-use assets	Operating lease right-of-use assets	47,161		47,825		Operating lease right-of-use assets	37,916		47,825
Software, net	Software, net	146,952		157,782		Software, net	134,942		157,782
Goodwill	Goodwill	1,280,226		1,280,226		Goodwill	1,226,026		1,280,226
Intangible assets, net	Intangible assets, net	273,527		283,004		Intangible assets, net	235,053		283,004
Deferred income taxes, net	Deferred income taxes, net	51,243		50,778		Deferred income taxes, net	55,454		50,778
Other noncurrent assets	Other noncurrent assets	64,108		62,478		Other noncurrent assets	60,174		62,478
TOTAL ASSETS	TOTAL ASSETS	$	3,210,445	$	3,158,741	TOTAL ASSETS	$	3,263,140	$	3,158,741
LIABILITIES AND STOCKHOLDERS’ EQUITY	LIABILITIES AND STOCKHOLDERS’ EQUITY					LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities	Current liabilities					Current liabilities
Accounts payable	Accounts payable	$	38,929	$	41,312	Accounts payable	$	38,227	$	41,312
Settlement liabilities	Settlement liabilities	531,148		451,575		Settlement liabilities	727,237		451,575
Employee compensation	Employee compensation	32,316		51,379		Employee compensation	43,637		51,379
Current portion of long-term debt	Current portion of long-term debt	50,778		45,870		Current portion of long-term debt	60,603		45,870
Deferred revenue	Deferred revenue	92,518		84,425		Deferred revenue	53,163		84,425
Other current liabilities	Other current liabilities	67,923		79,594		Other current liabilities	75,107		79,594
Total current liabilities	Total current liabilities	813,612		754,155		Total current liabilities	997,974		754,155
Noncurrent liabilities	Noncurrent liabilities					Noncurrent liabilities
Deferred revenue	Deferred revenue	27,790		25,925		Deferred revenue	22,440		25,925
Long-term debt	Long-term debt	1,036,380		1,019,872		Long-term debt	947,750		1,019,872
Deferred income taxes, net	Deferred income taxes, net	32,519		36,122		Deferred income taxes, net	30,465		36,122
Operating lease liabilities	Operating lease liabilities	41,718		43,346		Operating lease liabilities	32,235		43,346
Other noncurrent liabilities	Other noncurrent liabilities	33,759		34,544		Other noncurrent liabilities	34,060		34,544
Total liabilities	Total liabilities	1,985,778		1,913,964		Total liabilities	2,064,924		1,913,964
Commitments and contingencies	Commitments and contingencies	0		0		Commitments and contingencies
Stockholders’ equity	Stockholders’ equity					Stockholders’ equity
Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at March 31, 2022, and December 31, 2021		—		—
Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at March 31, 2022, and December 31, 2021		702		702
Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at September 30, 2022, and December 31, 2021						Preferred stock; $0.01 par value; 5,000,000 shares authorized; no shares issued at September 30, 2022, and December 31, 2021	—		—
Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at September 30, 2022, and December 31, 2021						Common stock; $0.005 par value; 280,000,000 shares authorized; 140,525,055 shares issued at September 30, 2022, and December 31, 2021	702		702
Additional paid-in capital	Additional paid-in capital	685,354		688,313		Additional paid-in capital	697,763		688,313
Retained earnings	Retained earnings	1,146,771		1,131,281		Retained earnings	1,183,230		1,131,281
Treasury stock, at cost, 25,439,428 and 24,795,009 shares at March 31, 2022, and December 31, 2021, respectively		(506,513)		(475,972)
Treasury stock, at cost, 27,323,712 and 24,795,009 shares at September 30, 2022, and December 31, 2021, respectively						Treasury stock, at cost, 27,323,712 and 24,795,009 shares at September 30, 2022, and December 31, 2021, respectively	(555,753)		(475,972)
Accumulated other comprehensive loss	Accumulated other comprehensive loss	(101,647)		(99,547)		Accumulated other comprehensive loss	(127,726)		(99,547)
Total stockholders’ equity	Total stockholders’ equity	1,224,667		1,244,777		Total stockholders’ equity	1,198,216		1,244,777
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	3,210,445	$	3,158,741	TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	3,263,140	$	3,158,741