| Three Months Ended September 30, | Six Months Ended September 30, | ||||||||||||||
| 2023 | 2022 | 2023 | 2022 | ||||||||||||
| Selling, general and administrative expenses, as reported | $ | 196.6 | $ | 202.4 | $ | 400.2 | $ | 391.3 | |||||||
| Share-based compensation expense | (14.3 | ) | (15.0 | ) | (29.1 | ) | (28.4 | ) | |||||||
| Other adjustments | (0.6 | ) | (0.7 | ) | 0.5 | (1.3 | ) | ||||||||
| Professional services associated with certain legal matters | (0.3 | ) | (2.3 | ) | (0.8 | ) | (3.2 | ) | |||||||
| Non-GAAP selling, general and administrative expenses | $ | 181.4 | $ | 184.4 | $ | 370.8 | $ | 358.4 | |||||||
| GAAP selling, general and administrative expenses as a percentage of net sales | 8.7 | % | 9.8 | % | 8.8 | % | 9.7 | % | |||||||
| Non-GAAP selling, general and administrative expenses as a percentage of net sales | 8.0 | % | 8.9 | % | 8.2 | % | 8.9 | % | |||||||
Microchip Technology Announces Financial Results For Second Quarter of Fiscal Year 2024
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RECONCILIATION OF GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES TO NON-GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
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Change in payment schedule for Vendors !!!