| Three Months ended | |||||||
| June 30, | |||||||
| 2017 | 2016 | ||||||
| Operating income (loss), as reported | $ | 221,598 | $ | (59,104 | ) | ||
| Distributor revenue recognition adjustment | — | 23,416 | |||||
| Share-based compensation expense | 22,408 | 59,579 | |||||
| Manufacturing excursion | (660 | ) | 800 | ||||
| Acquisition-related restructuring, acquired inventory valuation and other costs | 2,860 | 104,233 | |||||
| Amortization of acquired intangible assets | 120,845 | 80,171 | |||||
| Special (income) charges and other, net | (2,756 | ) | 22,035 | ||||
| Non-GAAP operating income | $ | 364,295 | $ | 231,130 | |||
| Non-GAAP operating income as a percentage of net sales | 37.5 | % | 27.4 | % | |||
RECONCILIATION OF GAAP OTHER EXPENSE, NET TO NON-GAAP OTHER EXPENSE, NET
| Three Months ended | |||||||
| June 30, | |||||||
| 2017 | 2016 | ||||||
| Other expense, net, as reported | $ | (55,338 | ) | $ | (31,587 | ) | |
| Loss on settlement of convertible debt | 13,826 | — | |||||
| Non-cash other expense, net | 26,836 | 12,537 | |||||
| Gain on equity method investment | — | (468 | ) | ||||
| Non-GAAP other expense, net | $ | (14,676 | ) | $ | (19,518 | ) | |
| Non-GAAP other expense, net, as a percentage of net sales | (1.5 | )% | (2.3 | )% | |||
RECONCILIATION OF GAAP INCOME TAX (BENEFIT) PROVISION TO NON-GAAP INCOME TAX PROVISION
| Three Months ended | |||||||
| June 30, | |||||||
| 2017 | 2016 | ||||||
| Income tax (benefit) provision, as reported | $ | (4,382 | ) | $ | 18,478 | ||
| Income tax rate, as reported | (2.6 | )% | (20.4 | )% | |||
| Distributor revenue recognition adjustment | — | 3,566 | |||||
| Share-based compensation expense | 7,428 | 20,888 | |||||
| Manufacturing excursion | (241 | ) | 295 | ||||
| Acquisition-related restructuring, acquired inventory valuation costs, intangible asset amortization and other costs | 10,894 | 11,769 | |||||
| Special (income) charges and other, net | (1,207 | ) | 6,470 | ||||
| Loss on settlement of convertible debt | 5,053 | — | |||||
| Non-cash other expense, net | 9,809 | 4,620 | |||||
| Gain on equity method investment | — | (172 | ) | ||||
| Non-recurring tax events | 5,633 | 6,877 | |||||
| Tax adjustment in accordance with ASC 740-270
| (2,476 | ) | (55,215 | ) | |||
| Non-GAAP income tax provision | $ | 30,511 | $ | 17,576 | |||
| Non-GAAP income tax rate | 8.7 | % | 8.3 | % | |||
RECONCILIATION OF GAAP NET INCOME (LOSS) FROM CONTINUING OPERATIONS AND GAAP DILUTED NET INCOME (LOSS) PER COMMON SHARE FROM CONTINUING OPERATIONS TO NON-GAAP NET INCOME FROM CONTINUING OPERATIONS AND NON-GAAP DILUTED NET INCOME PER COMMON SHARE FROM CONTINUING OPERATIONS
