| Three Months Ended | Nine Months Ended | ||||||||||||||||||
| December 31, | December 31, | ||||||||||||||||||
| 2020 | 2019 | 2020 | 2019 | ||||||||||||||||
| Selling, general and administrative expenses, as reported | $ | 154.2 | $ | 170.7 | $ | 445.2 | $ | 510.9 | |||||||||||
| Share-based compensation expense | (19.8 | ) | (16.6 | ) | (54.5 | ) | (50.7 | ) | |||||||||||
| Acquisition-related | (0.8 | ) | (10.2 | ) | (1.4 | ) | (24.8 | ) | |||||||||||
| Professional services associated with certain legal matters | (4.3 | ) | — | (9.1 | ) | — | |||||||||||||
| IT security remediation | (0.1 | ) | (0.7 | ) | (1.4 | ) | (5.7 | ) | |||||||||||
| Non-GAAP selling, general and administrative expenses | $ | 129.2 | $ | 143.2 | $ | 378.8 | $ | 429.7 | |||||||||||
| Non-GAAP selling, general and administrative expenses as a percentage of net sales | 9.6 | % | 11.1 | % | 9.5 | % | 10.9 | % | |||||||||||
Microchip Technology Announces Financial Results for Third 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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