RECONCILIATION OF GAAP OPERATING INCOME TO NON-GAAP OPERATING INCOME
| Three Months Ended June 30, | |||||||
| 2024 | 2023 | ||||||
| Operating income, as reported | $ | 219.1 | $ | 903.1 | |||
| Share-based compensation expense | 44.0 | 44.5 | |||||
| Other adjustments | 1.3 | (0.9 | ) | ||||
| Professional services associated with certain legal matters | 0.5 | 0.5 | |||||
| Amortization of acquired intangible assets (1) | 123.0 | 151.5 | |||||
| Special charges and other, net | 2.6 | 1.7 | |||||
| Non-GAAP operating income | $ | 390.5 | $ | 1,100.4 | |||
| GAAP operating income as a percentage of net sales | 17.7 | % | 39.5 | % | |||
| Non-GAAP operating income as a percentage of net sales | 31.5 | % | 48.1 | % | |||
| (1) Amortization of acquired intangible assets consists of core and developed technology and customer-related acquired intangible assets in connection with business combinations. Such charges are excluded for purposes of calculating certain non-GAAP measures. The use of acquired intangible assets contributed to our revenues earned during the periods presented. | |||||||
RECONCILIATION OF GAAP OTHER EXPENSE, NET TO NON-GAAP OTHER EXPENSE, NET
