Three Months Ended March 31, | Twelve Months Ended March 31, | ||||||||||||||
2022 | 2021 | 2022 | 2021 | ||||||||||||
Operating expenses, as reported | $ | 670.9 | $ | 618.8 | $ | 2,600.0 | $ | 2,380.7 | |||||||
Share-based compensation expense | (39.0 | ) | (47.2 | ) | (175.9 | ) | (171.7 | ) | |||||||
Acquisition-related | (1.0 | ) | (2.4 | ) | (4.9 | ) | (4.1 | ) | |||||||
Professional services associated with certain legal matters | (2.8 | ) | (0.4 | ) | (8.4 | ) | (9.5 | ) | |||||||
IT security remediation | — | (0.1 | ) | (0.2 | ) | (1.5 | ) | ||||||||
Amortization of acquired intangible assets | (215.5 | ) | (232.4 | ) | (862.5 | ) | (932.3 | ) | |||||||
Special income (charges) and other, net | (9.1 | ) | 7.2 | (29.5 | ) | (1.7 | ) | ||||||||
Non-GAAP operating expenses | $ | 403.5 | $ | 343.5 | $ | 1,518.6 | $ | 1,259.9 | |||||||
Non-GAAP operating expenses as a percentage of net sales | 21.9 | % | 23.4 | % | 22.2 | % | 23.2 | % |
Microchip Technology Announces Record Financial Results for Fourth Quarter and Fiscal Year 2022
| | More IC News |
|
RECONCILIATION OF GAAP OPERATING EXPENSES TO NON-GAAP OPERATING EXPENSES
RELATED NEWS