RECONCILIATION OF GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES TO NON-GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
Three Months Ended December 31, | Nine Months Ended December 31, | ||||||||||||||
2022 | 2021 | 2022 | 2021 | ||||||||||||
Selling, general and administrative expenses, as reported | $ | 202.9 | $ | 177.5 | $ | 594.2 | $ | 531.7 | |||||||
Share-based compensation expense | (15.9 | ) | (19.1 | ) | (44.3 | ) | (60.8 | ) | |||||||
Acquisition-related | (0.1 | ) | (1.0 | ) | (1.4 | ) | (3.3 | ) | |||||||
Professional services associated with certain legal matters | — | (1.8 | ) | (3.2 | ) | (5.6 | ) | ||||||||
IT security remediation | — | (0.2 | ) | — | (0.2 | ) | |||||||||
Non-GAAP selling, general and administrative expenses | $ | 186.9 | $ | 155.4 | $ | 545.3 | $ | 461.8 | |||||||
GAAP selling, general and administrative expenses as a percentage of net sales | 9.4 | % | 10.1 | % | 9.6 | % | 10.7 | % | |||||||
Non-GAAP selling, general and administrative expenses as a percentage of net sales | 8.6 | % | 8.8 | % | 8.8 | % | 9.3 | % |