| RECONCILIATION OF GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES TO NON-GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES | |||||||||||||||
| Three Months Ended September 30, | Six Months Ended September 30, | ||||||||||||||
| 2024
| 2023
| 2024
| 2023
| ||||||||||||
| Selling, general and administrative expenses, as reported | $ | 157.0 | $ | 196.6 | $ | 307.5 | $ | 400.2 | |||||||
| Share-based compensation expense | (15.1 | ) | (14.3 | ) | (29.2 | ) | (29.1 | ) | |||||||
| Cybersecurity incident expenses | (1.3 | ) | — | (1.3 | ) | — | |||||||||
| Other adjustments | (2.1 | ) | (0.6 | ) | (3.4 | ) | 0.5 | ||||||||
| Professional services associated with certain legal matters | (0.2 | ) | (0.3 | ) | (0.7 | ) | (0.8 | ) | |||||||
| Non-GAAP selling, general and administrative expenses | $ | 138.3 | $ | 181.4 | $ | 272.9 | $ | 370.8 | |||||||
| GAAP selling, general and administrative expenses as a percentage of net sales | 13.5 | % | 8.7 | % | 12.8 | % | 8.8 | % | |||||||
| Non-GAAP selling, general and administrative expenses as a percentage of net sales | 11.9 | % | 8.0 | % | 11.3 | % | 8.2 | % | |||||||
Microchip Technology Announces Financial Results for Second Quarter of Fiscal Year 2025
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