RECONCILIATION OF GAAP OPERATING INCOME TO NON-GAAP OPERATING INCOME
Three Months Ended | Nine Months Ended | ||||||||||||||
December 31, | December 31, | ||||||||||||||
2019 | 2018 | 2019 | 2018 | ||||||||||||
Operating income, as reported | $ | 131.2 | $ | 194.7 | $ | 486.4 | $ | 429.6 | |||||||
Share-based compensation expense | 43.5 | 39.4 | 129.5 | 110.2 | |||||||||||
Acquisition-related costs | 10.2 | 5.4 | 24.9 | 39.1 | |||||||||||
IT security remediation | 0.7 | — | 5.7 | — | |||||||||||
Excess capacity charges to normalize acquired inventory levels | — | — | — | 2.3 | |||||||||||
Acquired inventory valuation costs | — | 74.3 | — | 363.9 | |||||||||||
Amortization of acquired intangible assets | 248.7 | 193.7 | 745.4 | 497.2 | |||||||||||
Special charges (income) and other, net | 17.8 | (1.3 | ) | 29.5 | 57.0 | ||||||||||
Non-GAAP operating income | $ | 452.1 | $ | 506.2 | $ | 1,421.4 | $ | 1,499.3 | |||||||
Non-GAAP operating income as a percentage of net sales | 35.1 | % | 36.8 | % | 36.0 | % | 37.3 | % | |||||||