|
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 December 31, | Nine Months Ended December 31, | ||||||||||||||
| 2023 | 2022 | 2023 | 2022 | ||||||||||||
| Gross profit, as reported | $ | 1,120.0 | $ | 1,470.8 | $ | 4,205.8 | $ | 4,178.6 | |||||||
| Share-based compensation expense | 6.0 | 6.9 | 20.2 | 21.1 | |||||||||||
| Non-GAAP gross profit | $ | 1,126.0 | $ | 1,477.7 | $ | 4,226.0 | $ | 4,199.7 | |||||||
| GAAP gross profit percentage | 63.4 | % | 67.8 | % | 66.7 | % | 67.3 | % | |||||||
| Non-GAAP gross profit percentage | 63.8 | % | 68.1 | % | 67.0 | % | 67.7 | % | |||||||
