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MICROCHIP TECHNOLOGY INCORPORATED AND SUBSIDIARIES
RECONCILIATION OF GAAP TO NON-GAAP MEASURES (in millions, except per share amounts and percentages; unaudited) | |||||||||||||||
| RECONCILIATION OF GAAP GROSS PROFIT TO NON-GAAP GROSS PROFIT | |||||||||||||||
| Three Months Ended September 30, | Six Months Ended September 30, | ||||||||||||||
| 2022 | 2021 | 2022 | 2021 | ||||||||||||
| Gross profit, as reported | $ | 1,397.9 | $ | 1,068.3 | $ | 2,707.8 | $ | 2,075.9 | |||||||
| Share-based compensation expense | 6.5 | 9.1 | 14.2 | 17.9 | |||||||||||
| Non-GAAP gross profit | $ | 1,404.4 | $ | 1,077.4 | $ | 2,722.0 | $ | 2,093.8 | |||||||
| Non-GAAP gross profit percentage | 67.7 | % | 65.3 | % | 67.4 | % | 65.0 | % | |||||||
Microchip Technology Announces Record Financial Results for Second Quarter of Fiscal Year 2023
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