Microchip Technology Announces Record Financial Results for First Quarter of Fiscal Year 2022

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

 Three Months Ended
 June 30,
 2021 2020
Selling, general and administrative expenses, as reported$174.3  $146.3 
Share-based compensation expense(21.2) (15.5)
Acquisition-related(1.3) (1.5)
Professional services associated with certain legal matters(2.1) (3.5)
IT security remediation  (1.0)
Non-GAAP selling, general and administrative expenses$149.7  $124.8 
Non-GAAP selling, general and administrative expenses as a percentage of net sales9.5% 9.5%
      

RECONCILIATION OF GAAP OPERATING EXPENSES TO NON-GAAP OPERATING EXPENSES

 Three Months Ended
 June 30,
 2021 2020
Operating expenses, as reported$638.8  $580.0 
Share-based compensation expense(47.8) (36.0)
Acquisition-related(1.5) (1.5)
Professional services associated with certain legal matters(2.1 )   (3.5 )
IT security remediation     (1.0 )
Amortization of acquired intangible assets (215.6 )   (235.4 )
Special charges and other, net (10.5 )   (0.3 )
Non-GAAP operating expenses $ 361.3     $ 302.3  
Non-GAAP operating expenses as a percentage of net sales 23.1 %   23.1 %
           

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9  Next Page »
Featured Video
Editorial
Jobs
Mechanical Engineer for PTEC Solutions at Fremont, California
Upcoming Events
RAPID + TCT 2024 at Anaheim Convention Center Anaheim CA - Jun 25 - 27, 2024
IMTS 2024 – The International Manufacturing Technology Show at McCormick Place 2301 S Lake Shore Dr Chicago IL - Sep 9 - 14, 2024
FABTECH Orlando 2024 at Orange County Convention Center Orlando FL - Oct 15 - 17, 2024
TIMTOS 2025 at Nangang Exhibition Center Hall 1 & 2 (TaiNEX 1 & 2) TWTC Hall Taipei Taiwan - Mar 3 - 8, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise