RECONCILIATION OF GAAP OTHER EXPENSE, NET TO NON-GAAP OTHER EXPENSE, NET | |||||||||||||||
Three Months Ended September 30, | Six Months Ended September 30, | ||||||||||||||
2022 | 2021 | 2022 | 2021 | ||||||||||||
Other expense, net, as reported | $ | (56.0 | ) | $ | (151.5 | ) | $ | (110.7 | ) | $ | (223.3 | ) | |||
Loss on settlement of debt | 2.1 | 85.2 | 8.3 | 85.5 | |||||||||||
Non-cash other expense, net | — | 10.1 | 0.1 | 21.0 | |||||||||||
Non-GAAP other expense, net | $ | (53.9 | ) | $ | (56.2 | ) | $ | (102.3 | ) | $ | (116.8 | ) | |||
Non-GAAP other expense, net, as a percentage of net sales | (2.6 | )% | (3.4 | )% | (2.5 | )% | (3.6 | )% |
Microchip Technology Announces Record Financial Results for Second Quarter of Fiscal Year 2023
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