(in millions, except per share amounts and percentages; unaudited)
RECONCILIATION OF GAAP GROSS PROFIT TO NON-GAAP GROSS PROFIT
Three Months Ended March 31, | Twelve Months Ended March 31, | ||||||||||||||
2023 | 2022 | 2023 | 2022 | ||||||||||||
Gross profit, as reported | $ | 1,519.3 | $ | 1,220.4 | $ | 5,697.9 | $ | 4,449.6 | |||||||
Share-based compensation expense | 6.1 | 8.0 | 27.2 | 34.3 | |||||||||||
Non-GAAP gross profit | $ | 1,525.4 | $ | 1,228.4 | $ | 5,725.1 | $ | 4,483.9 | |||||||
GAAP gross profit percentage | 68.0 | % | 66.2 | % | 67.5 | % | 65.2 | % | |||||||
Non-GAAP gross profit percentage | 68.3 | % | 66.6 | % | 67.8 | % | 65.7 | % | |||||||