RECONCILIATION OF GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES TO NON-GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
Three Months Ended | Six Months Ended | ||||||||||||||
September 30, | September 30, | ||||||||||||||
2018 | 2017 | 2018 | 2017 | ||||||||||||
Selling, general and administrative expenses, as reported | $ | 176.6 | $ | 114.3 | $ | 340.7 | $ | 228.6 | |||||||
Share-based compensation expense | (17.8 | ) | (9.3 | ) | (29.5 | ) | (18.0 | ) | |||||||
Acquisition-related costs | (5.9 | ) | (0.7 | ) | (32.5 | ) | (3.6 | ) | |||||||
Non-GAAP selling, general and administrative expenses | $ | 152.9 | $ | 104.3 | $ | 278.7 | $ | 207.0 | |||||||
Non-GAAP selling, general and administrative expenses as a percentage of net sales | 10.1 | % | 10.3 | % | 10.2 | % | 10.4 | % | |||||||
RECONCILIATION OF GAAP OPERATING EXPENSES TO NON-GAAP OPERATING EXPENSES
Three Months Ended | Six Months Ended | ||||||||||||||
September 30, | September 30, | ||||||||||||||
2018 | 2017 | 2018 | 2017 | ||||||||||||
Operating expenses, as reported | $ | 586.6 | $ | 388.7 | $ | 1,096.4 | $ | 751.5 | |||||||
Share-based compensation expense | (37.5 | ) | (19.9 | ) | (63.3 | ) | (38.9 | ) | |||||||
Acquisition-related costs | (6.6 | ) | (0.7 | ) | (33.5 | ) | (3.6 | ) | |||||||
Amortization of acquired intangible assets | (169.9 | ) | (120.9 | ) | (303.6 | ) | (241.8 | ) | |||||||
Special charges and other, net | (18.2 | ) | (19.9 | ) | (58.3 | ) | (17.1 | ) | |||||||
Non-GAAP operating expenses | $ | 354.4 | $ | 227.3 | $ | 637.7 | $ | 450.1 | |||||||
Non-GAAP operating expenses as a percentage of net sales | 23.4 | % | 22.5 | % | 23.4 | % | 22.7 | % | |||||||