Microchip Technology Announces Financial Results for Third Quarter of Fiscal Year 2020











RECONCILIATION OF GAAP OTHER EXPENSE, NET TO NON-GAAP OTHER EXPENSE, NET

 Three Months Ended Nine Months Ended
 December 31, December 31,
 2019 2018 2019 2018
Other expense, net, as reported$(120.6) $(139.6) $(381.8) $(376.1)
Loss on settlement of debt  0.2  2.0  4.3 
Non-cash other expense, net31.1  29.2  91.6  94.6 
Losses (gains) on available-for-sale investments  0.6  (1.1) 6.7 
Non-GAAP other expense, net$(89.5) $(109.6) $(289.3) $(270.5)
Non-GAAP other expense, net, as a percentage of net sales(7.0)% (8.0)% (7.3)% (6.7)%
                      



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