Microchip Technology : Three Months ended December 31 2019 GAAP to Non-GAAP Income Statement.020420

Net sales

Cost of sales

Gross profit

Gross profit percentage

Research and development Selling, general and administrative Amortization of acquired intangible assets Special charges (income) and other, net Operating expenses

Operating income

Operating income percentage

Other expense, net

Income before income taxes

Income tax (benefit) provision

Net income

Net income percentage

Diluted net income per common share

Diluted common shares outstanding

MICROCHIP TECHNOLOGY INCORPORATED AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

THREE MONTHS ENDED DECEMBER 31, 2019

				(in millions except per share amounts)
					(unaudited)
$	1,287.4
		Share-based	Acquisition-	IT security	Amortization of	Special charges	Non-cash other	Other non-GAAP
	GAAP	compensation	acquired	(income) and		Non-GAAP
	related costs	remediation	expense, net	tax adjustment
		expense	intangible assets	other, net
$	501.9	(5.7)	-	-	-	-	-	-	$	496.2
	785.5	5.7	-	-	-	-	-	-		791.2
	61.0%									61.5%
	217.1	(21.2)	-	-	-	-	-	-		195.9
	170.7	(16.6)	(10.2)	(0.7)	-	-	-	-		143.2
	248.7	-	-	-	(248.7)	-	-	-		-
	17.8	-	-	-	-	(17.8)	-	-		-
	654.3	(37.8)	(10.2)	(0.7)	(248.7)	(17.8)	-	-		339.1
	131.2	43.5	10.2	0.7	248.7	17.8	-	-		452.1
	10.2%									35.1%
	(120.6)	-	-	-	-	-	31.1	-		(89.5)
	10.6	43.5	10.2	0.7	248.7	17.8	31.1	-		362.6
	(300.5)	-	-	-	-	-	-	322.3		21.8
$	311.1	43.5	10.2	0.7	248.7	17.8	31.1	(322.3)	$	340.8
	24.2%									26.5%
$	1.20								$	1.32
	258.3									258.3