| Three Months Ended September 30, | Six Months Ended September 30, | ||||||||||||||||||
| 2021 | 2020 | 2021 | 2020 | ||||||||||||||||
| Selling, general and administrative expenses, as reported | $ | 179.9 | $ | 144.7 | $ | 354.2 | $ | 291.0 | |||||||||||
| Share-based compensation expense | (20.5 | ) | (19.2 | ) | (41.7 | ) | (34.7 | ) | |||||||||||
| Acquisition-related | (0.9 | ) | 0.9 | (2.2 | ) | (0.6 | ) | ||||||||||||
| Professional services associated with certain legal matters | (1.7 | ) | (1.3 | ) | (3.8 | ) | (4.8 | ) | |||||||||||
| IT security remediation | — | (0.3 | ) | — | (1.3 | ) | |||||||||||||
| Non-GAAP selling, general and administrative expenses | $ | 156.8 | $ | 124.8 | $ | 306.5 | $ | 249.6 | |||||||||||
| Non-GAAP selling, general and administrative expenses as a percentage of net sales | 9.5 | % | 9.5 | % | 9.5 | % | 9.5 | % | |||||||||||
Microchip Technology Announces Record Financial Results for Second Quarter of Fiscal Year 2022
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RECONCILIATION OF GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES TO NON-GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
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Change in payment schedule for Vendors !!!