RECONCILIATION OF GAAP NET INCOME AND GAAP DILUTED NET INCOME PER COMMON SHARE TO NON-GAAP NET INCOME AND NON-GAAP DILUTED NET INCOME PER COMMON SHARE
| Three Months Ended | Nine Months Ended | ||||||||||||||
| December 31, | December 31, | ||||||||||||||
| 2019 | 2018 | 2019 | 2018 | ||||||||||||
| Net income, as reported | $ | 311.1 | $ | 49.2 | $ | 470.7 | $ | 181.2 | |||||||
| Share-based compensation expense | 43.5 | 39.4 | 129.5 | 110.2 | |||||||||||
| Acquisition-related costs | 10.2 | 5.4 | 24.9 | 39.1 | |||||||||||
| IT security remediation | 0.7 | — | 5.7 | — | |||||||||||
| Excess capacity charges to normalize acquired inventory levels | — | — | — | 2.3 | |||||||||||
| Acquired inventory valuation costs | — | 74.3 | — | 363.9 | |||||||||||
| Amortization of acquired intangible assets | 248.7 | 193.7 | 745.4 | 497.2 | |||||||||||
| Special charges (income) and other, net | 17.8 | (1.3 | ) | 29.5 | 57.0 | ||||||||||
| Loss on settlement of debt | — | 0.2 | 2.0 | 4.3 | |||||||||||
| Non-cash other expense, net | 31.1 | 29.2 | 91.6 | 94.6 | |||||||||||
| Losses (gains) on available-for-sale investments | — | 0.6 | (1.1 | ) | 6.7 | ||||||||||
| Other non-GAAP tax adjustment | (322.3 | ) | (8.9 | ) | (434.1 | ) | (173.9 | ) | |||||||
| Non-GAAP net income | $ | 340.8 | $ | 381.8 | $ | 1,064.1 | $ | 1,182.6 | |||||||
| Non-GAAP net income as a percentage of net sales | 26.5 | % | 27.8 | % | 27.0 | % | 29.4 | % | |||||||
| GAAP net income as a percentage of net sales | 24.2 | % | 3.6 | % | 11.9 | % | 4.5 | % | |||||||
| Diluted net income per common share, as reported | $ | 1.20 | $ | 0.20 | $ | 1.84 | $ | 0.73 | |||||||
| Non-GAAP diluted net income per common share | $ | 1.32 | $ | 1.56 | $ | 4.16 | $ | 4.74 | |||||||
| Diluted common shares outstanding, as reported | 258.3 | 244.6 | 255.8 | 249.5 | |||||||||||
| Diluted common shares outstanding non-GAAP | 258.3 | 244.6 | 255.8 | 249.5 | |||||||||||
