(in millions except per share amounts and percentages)
(unaudited)
RECONCILIATION OF GAAP GROSS PROFIT TO NON-GAAP GROSS PROFIT
Three Months Ended | Nine Months Ended | ||||||||||||||
December 31, | December 31, | ||||||||||||||
2020 | 2019 | 2020 | 2019 | ||||||||||||
Gross profit, as reported | $ | 845.8 | $ | 785.5 | $ | 2,452.0 | $ | 2,428.2 | |||||||
Share-based compensation expense | 6.4 | 5.7 | 18.8 | 15.8 | |||||||||||
COVID-19 shelter-in-place restrictions on manufacturing activities | — | — | 2.8 | — | |||||||||||
Non-GAAP gross profit | $ | 852.2 | $ | 791.2 | $ | 2,473.6 | $ | 2,444.0 | |||||||
Non-GAAP gross profit percentage | 63.0 | % | 61.5 | % | 62.3 | % | 61.9 | % | |||||||