Net (Loss) Income Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Income (loss) Per Share

The following is a calculation of the basic and diluted net income (loss) per share (in thousands, except share and per share data):

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Net (loss) income attributable to Vir	$	(194,775)	$	(76,493)	$	(335,675)	$	442,128
Weighted-average shares outstanding, basic	134,059,079		132,450,018		133,807,357		132,326,244
Weighted-average effect of dilutive securities:
Options to purchase common stock	—		—		—		2,270,834
Restricted shares subject to future vesting	—		—		—		44,028
Shares to purchase under Employee Stock Purchase Plan	—		—		—		2,734
Weighted-average shares outstanding, diluted	134,059,079		132,450,018		133,807,357		134,643,840
Net (loss) income attributable to Vir per share, basic	$	(1.45)	$	(0.58)	$	(2.51)	$	3.34
Net (loss) income attributable to Vir per share, diluted	$	(1.45)	$	(0.58)	$	(2.51)	$	3.28

Schedule of Potentially Dilutive Securities Not Included in the Diluted Per Share Calculations

Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:

	Three Months Ended June 30,		Six Months Ended June 30,
	2023	2022	2023	2022
Options issued and outstanding	10,223,201	11,595,683	10,419,357	8,607,499
Restricted shares subject to future vesting	3,622,091	2,787,894	3,066,323	2,695,168
Total	13,845,292	14,383,577	13,485,680	11,302,667