Three Months Ended | Six Months Ended | ||||||||||||||
September 30, | September 30, | ||||||||||||||
2020 | 2019 | 2020 | 2019 | ||||||||||||
Selling, general and administrative expenses, as reported | $ | 144.7 | $ | 172.3 | $ | 291.0 | $ | 340.2 | |||||||
Share-based compensation expense | (19.2 | ) | (17.8 | ) | (34.7 | ) | (34.1 | ) | |||||||
Acquisition-related | 0.9 | (8.1 | ) | (0.6 | ) | (14.6 | ) | ||||||||
Professional services associated with certain legal matters | (1.3 | ) | — | (4.8 | ) | — | |||||||||
IT security remediation | (0.3 | ) | (2.0 | ) | (1.3 | ) | (5.0 | ) | |||||||
Non-GAAP selling, general and administrative expenses | $ | 124.8 | $ | 144.4 | $ | 249.6 | $ | 286.5 | |||||||
Non-GAAP selling, general and administrative expenses as a percentage of net sales | 9.5 | % | 10.8 | % | 9.5 | % | 10.8 | % |
Microchip Technology Announces Financial Results for Second Quarter of Fiscal Year 2021
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RECONCILIATION OF GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES TO NON-GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
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