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









RECONCILIATION OF GAAP INCOME TAX BENEFIT TO NON-GAAP INCOME TAX PROVISION

 Three Months Ended Nine Months Ended
 December 31, December 31,
 2019 2018 2019 2018
Income tax (benefit) provision, as reported$(300.5) $5.8  $(366.1) $(127.9)
Income tax rate, as reported(2,834.9)% 10.5% (350.0)% (240.0)%
Other non-GAAP tax adjustment322.3  8.9  434.1  173.9 
Non-GAAP income tax provision$21.8  $14.7  $68.0  $46.0 
Non-GAAP income tax rate6.0% 3.7% 6.0% 3.7%
            







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