Company: TEAM
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001650372-25-000068
Chunk: 253

Company: Atlassian Corp
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 8
Chunk 253
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. The timing, manner, price, and amount of any repurchases will be determined by the Company at its discretion and will depend on a variety of factors, including business, economic, and market conditions, prevailing stock prices, corporate and regulatory requirements, and other considerations.During the three months ended September 30, 2025, the Company repurchased and subsequently retired approximately 1.4 million shares of its Class A Common Stock for approximately $249.9 million at an average price per share of $180.74. All repurchases were made in open market transactions. As of September 30, 2025, $921.3 million of the Company’s Class A Common Stock remained available for repurchase under the 2024 Repurchase Program.

16. Net Loss Per ShareThe Company computes net loss per share of Class A and Class B Common Stock using the two-class method. As the liquidation and dividend rights for both Class A and Class B Common Stock are identical, the net loss is allocated on a proportionate basis to the weighted-average number of shares of common stock outstanding for the period. Basic net loss per share attributable to Class A and Class B stockholders is computed by dividing the net loss by the weighted-average number of Class A and Class B Common Stock outstanding during the period.

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For the calculation of diluted net loss per share, net loss for basic earnings per share is adjusted by the effect of dilutive securities, including awards under the Company’s equity compensation plans. The dilutive potential shares of common stock are computed using the treasury stock method or the as-if converted method, as applicable. Since the Company is in a loss position for all periods reported, basic and diluted net loss per share are the same for all periods as the inclusion of potential dilutive shares would have been anti-dilutive.The following tables present the calculation of basic and diluted net loss per share attributable to common stockholders (in thousands, except per share data): Three Months Ended September 30, 20252024Class AClass BClass AClass BNumerator:Net loss$(32,539)$(19,331)$(76,255)$(47,514)Denominator:Weighted-average shares outstanding, basic and diluted164,97998,012160,48299,995Net loss per share, basic and diluted$(0.20)$(0.20)$(0.48)$(0.48)The potential weighted average dilutive securities that were not included in the dilutive earnings per share calculation