Quarterly Results (Unaudited) (Tables)

12 Months Ended

Mar. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

The following table presents the Company's selected unaudited quarterly operating results for the eight quarters ended March 31, 2015. The Company believes that all adjustments of a normal recurring nature have been made to present fairly the related quarterly results (in thousands, except per share amounts):



Fiscal 2015	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Total
Net sales	$	528,876	$	546,243	$	528,710	$	543,207	$	2,147,036
Gross profit	306,519		307,454		301,959		313,632		1,229,564
Operating income	115,946		101,318		98,009		110,347		425,620
Net income	89,909		92,038		84,798		98,580		365,325
Less: Net loss attributable to noncontrolling interests	—		1,603		1,259		822		3,684
Net income attributable to Microchip Technology	89,909		93,641		86,057		99,402		369,009
Diluted net income per common share attributable to Microchip Technology stockholders	0.40		0.42		0.39		0.45		1.65

Fiscal 2014	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Total
Net sales	$	462,792	$	492,669	$	482,372	$	493,384	$	1,931,217
Gross profit	266,574		288,863		282,720		290,586		1,128,743
Operating income	98,401		117,508		116,918		126,037		458,864
Net income	78,579		99,806		105,401		111,495		395,281
Diluted net income per common share	0.37		0.46		0.48		0.50		1.82

Refer to Note 3, Special Charges, for an explanation of the special charges included in operating income in fiscal 2015 and fiscal 2014. Refer to Note 15, 2.125% Junior Subordinated Convertible Debentures, for an explanation of the loss on retirement of convertible debentures of approximately $50.6 million included in net income (loss) during the fourth quarter of fiscal 2015. Refer to Note 4, Investments, for an explanation of the $18.5 million net realized gain from sales of available-for-sale marketable equity securities included in net income (loss) during the fourth quarter of fiscal 2015.