Three Months Ended September 30, | Six Months Ended September 30, | ||||||||||||||
2023 | 2022 | 2023 | 2022 | ||||||||||||
Other expense, net, as reported | $ | (51.4 | ) | $ | (56.0 | ) | $ | (106.2 | ) | $ | (110.7 | ) | |||
Loss on settlement of debt | 3.1 | 2.1 | 12.2 | 8.3 | |||||||||||
Non-cash other expense, net | — | — | — | 0.1 | |||||||||||
Non-GAAP other expense, net | $ | (48.3 | ) | $ | (53.9 | ) | $ | (94.0 | ) | $ | (102.3 | ) | |||
GAAP other expense, net, as a percentage of net sales | (2.3 | )% | (2.7 | )% | (2.3 | )% | (2.7 | )% | |||||||
Non-GAAP other expense, net, as a percentage of net sales | (2.1 | )% | (2.6 | )% | (2.1 | )% | (2.5 | )% | |||||||
Microchip Technology Announces Financial Results For Second Quarter of Fiscal Year 2024
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RECONCILIATION OF GAAP OTHER EXPENSE, NET TO NON-GAAP OTHER EXPENSE, NET
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