Three Months Ended June 30, | |||||||
2023 | 2022 | ||||||
Operating income, as reported | $ | 903.1 | $ | 701.3 | |||
Share-based compensation expense | 44.5 | 41.2 | |||||
Other adjustments | (0.9 | ) | 0.8 | ||||
Professional services associated with certain legal matters | 0.5 | 0.9 | |||||
Amortization of acquired intangible assets | 151.5 | 167.6 | |||||
Special charges (income) and other, net | 1.7 | (16.9 | ) | ||||
Non-GAAP operating income | $ | 1,100.4 | $ | 894.9 | |||
GAAP operating income as a percentage of net sales | 39.5 | % | 35.7 | % | |||
Non-GAAP operating income as a percentage of net sales | 48.1 | % | 45.6 | % | |||
Microchip Technology Announces Record Financial Results For First Quarter of Fiscal Year 2024
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RECONCILIATION OF GAAP OPERATING INCOME TO NON-GAAP OPERATING INCOME
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