3 unchanged sentences
A substantially greater number of shareholders hold our common stock in “street name”, or as beneficial holders whose shares are held in the name of banks, brokers, or other financial institutions.
+Added: For equity compensation plan information, please refer to Item12 in Part III of this Annual Report.
We have never declared nor paid cash dividends on our common stock.
18 unchanged sentences
2,000,000 $ 33.98 2,000,000
−Removed: (1) Pursuant to our 2016 Equity and Performance Incentive Plan (the “2016 Incentive Plan”), we granted RSUs.
−Removed: Under the RSU arrangement, shares are issued without direct cost to the employee.
−Removed: During the three months ended December 31, 2020, 27,639 shares of RSUs vested.
−Removed: We withheld 10,875 of these RSUs to pay the employees’ portion of the applicable minimum payroll withholding taxes.
−Removed: In 2005, our board approved a stock repurchase program authorizing us, as market and business conditions warrant, to acquire our common stock and periodically authorize additional funds for the program, with the intention of using existing cash and cash equivalents to fund these repurchases.
−Removed: In February 2018, the board approved the repurchase of the Company's common stock for up to $200.0 million, in place of the remaining purchase amounts previously authorized.
+Added: In 2005, our board approved a stock repurchase program authorizing us, as market and business conditions warrant, to acquire our common stock and periodically authorizes additional funds for the program, with the intention of using existing cash and cash equivalents to fund these repurchases.
+Added: On December 1, 2021, the board approved the repurchase of the Company's common stock for up to $250.0 million, in place of the remaining purchase amounts previously authorized.
As of December 31, 2021, the maximum remaining amount authorized for purchase under the stock repurchase program was approximately $216.3 million.
6 unchanged sentences
The following table shows a line-graph presentation comparing cumulative stockholder return on an indexed basis with a broad equity market index and either a nationally-recognized industry standard or an index of peer companies selected by us.
−Removed: We selected the S&P 500 Index and the NASDAQ Electronic Components Index for comparison.
−Removed: The graph above assumes a $100 investment was made in our common stock and each index on December 31, 2015, and all dividends were reinvested.
−Removed: Also included are respective investment returns based on the stock and index values as of the end of each year during the five-year period.
+Added: We selected the S&P 500 Index and the S&P MidCap 400 Index for comparison.
+Added: The S&P MidCap 400 Index replaces the NASDAQ Electronic Components Index in this analysis and going forward, as the CRSP Index data is no longer accessible.
+Added: The CRSP index has been included with data through 2020.
+Added: The graph above compares ACI Worldwide, Inc.’s annual percentage change in cumulative total return on common shares over the past five years with the cumulative total return of companies comprising the S&P 500 Index and the S&P MidCap 400 Index.
+Added: This presentation assumes that $100 was invested in shares of the relevant issuers on December 31, 2016, and that dividends received were immediately invested in additional shares.
+Added: The graph plots the value of the initial $100 investment at one-year intervals for the fiscal years shown.
This information was provided by Zacks Investment Research, Inc.
1 unchanged sentence
The stock performance graph disclosure above is not considered “filed” with the SEC under the Securities and Exchange Act of 1934, as amended, and is not incorporated by reference in any past or future filing by us under the Securities Exchange Act of 1934, as amended, or the Securities Act of 1933, as amended, unless specifically referenced.
−Removed: SELECTED FINANCIAL DATA
−Removed: The following selected financial data has been derived from our consolidated financial statements (in thousands, except per share data).
−Removed: This data should be read together with Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations”, and the consolidated financial statements and related notes included elsewhere in this annual report.
−Removed: The financial information below is not necessarily indicative of the results of future operations.
−Removed: Future results could differ materially from historical results due to many factors, including those discussed in Item 1A, Risk Factors .
−Removed: Years Ended December 31,
−Removed: 2020 2019 (1)(2) 2018 (3) 2017 (4) 2016 (5)
−Removed: Income Statement Data:
−Removed: Total revenues
−Removed: $ 1,294,322 $ 1,258,294 $ 1,009,780 $ 1,024,191 $ 1,005,701
−Removed: 72,660 67,062 68,921 5,135 129,535
−Removed: Earnings per share:
−Removed: $ 0.62 $ 0.58 $ 0.59 $ 0.04 $ 1.10
−Removed: $ 0.62 $ 0.57 $ 0.59 $ 0.04 $ 1.09
−Removed: Weighted average common shares outstanding:
−Removed: 116,397 116,175 116,057 118,059 117,533
−Removed: 118,079 118,571 117,632 119,444 118,847
−Removed: 2020 2019 (1)(2) 2018 (3) 2017 2016 (5)
−Removed: Balance Sheet Data:
−Removed: Working capital
−Removed: $ 249,309 $ 308,426 $ 269,857 $ 100,039 $ 31,625
−Removed: 3,386,903 3,257,534 2,122,455 1,861,639 1,902,295
−Removed: Current portion of debt (6) 34,265 34,148 20,767 17,786 90,323
−Removed: Debt (long-term portion) (6) 1,128,806 1,350,592 658,602 668,356 656,063
−Removed: Stockholders’ equity
−Removed: 1,206,597 1,129,968 1,048,231 764,597 754,917
−Removed: (1) The consolidated balance sheet and statement of operations for the year ended December 31, 2019, includes the acquisition of Speedpay, as discussed in Note 3, Acquisition , to our Notes to Consolidated Financial Statements in Part IV, Item 15 of this Form 10-K.
−Removed: (2) The consolidated balance sheet and statement of operations for the year ended December 31, 2019, reflects the application of Accounting Standards Update (“ASU”) 2016-02, Leases (codified as “ASC 842”), as discussed in Note 12, Leases , to our Notes to Consolidated Financial Statements.
−Removed: (3) The consolidated balance sheet and statement of operations for the year ended December 31, 2018, reflects the adoption of ASU 2014-09, Revenue from Contracts with Customers (codified as “ASC 606”), as discussed in Note 2, Revenue , to our Notes to Consolidated Financial Statements, including a cumulative adjustment of $244.0 million to retained earnings.
−Removed: (4) The consolidated statement of operations for the year ended December 31, 2017, reflects the Baldwin Hackett & Meeks, Inc.
−Removed: (“BHMI”) judgment.
−Removed: We recorded $46.7 million in general and administrative expense and $1.4 million in interest expense.
−Removed: (5) The consolidated balance sheet and statement of operations for the year ended December 31, 2016, reflects the sale of Community Financial Services assets and liabilities.
−Removed: (6) During the year ended December 31, 2019, we borrowed $500.0 million in the form of a new senior secured term loan and drew $250.0 million on the available Revolving Credit Facility to fund the acquisition of Speedpay.
−Removed: During the year ended December 31, 2018, we issued $400.0 million in senior notes due August 15, 2026.
−Removed: We used the net proceeds of these senior notes to redeem our outstanding $300.0 million senior notes due 2020, which we originally entered in to during the year ended December 31, 2013.
−Removed: See Note 4 , Debt , to our Notes to Consolidated Financial Statements for additional information .
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.