Microchip Technology Announces Financial Results for Third Quarter of Fiscal Year 2020




RECONCILIATION OF GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES TO NON-GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

 Three Months Ended Nine Months Ended
 December 31, December 31,
 2019 2018 2019 2018
Selling, general and administrative expenses, as reported$170.7  $174.8  $510.9  $515.5 
Share-based compensation expense(16.6) (16.6) (50.7) (46.1)
Acquisition-related costs(10.2) (5.1) (24.8) (37.6)
IT security remediation(0.7)   (5.7)  
Non-GAAP selling, general and administrative expenses$143.2  $153.1  $429.7  $431.8 
Non-GAAP selling, general and administrative expenses as a percentage of net sales11.1% 11.1% 10.9% 10.7%
              



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