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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Income Statement    
Net sales $ 799,411 $ 533,952
Cost of sales (1) [1] 450,921 224,935
Gross profit 348,490 309,017
Research and development (1) [1] 147,883 84,680
Selling, general and administrative (1) [1] 157,505 66,849
Amortization of acquired intangible assets 80,171 34,612
Special charges, net 22,035 1,557
Operating expenses 407,594 187,698
Operating (loss) income (59,104) 121,319
Losses on equity method investments (56) (177)
Other income (expense):    
Interest income 819 5,528
Interest expense (34,416) (24,052)
Other income, net 2,010 16,947
(Loss) income before income taxes (90,747) 119,565
Income tax provision (benefit) 18,478 (10,895)
Net (loss) income from continuing operations (109,225) 130,460
Loss from discontinued operations (5,473) 0
Income tax benefit (1,335) 0
Net loss from discontinued operations (4,138) 0
Net (loss) income (113,363) 130,460
Less: Net loss attributable to noncontrolling interests 0 207
Net (loss) income attributable to Microchip Technology $ (113,363) $ 130,667
Basic net (loss) income from continuing operations, per common share $ (0.51) $ 0.65
Basic net loss from discontinued operations, per common share (0.02) 0.00
Basic net (loss) income attributable to Microchip Technology, per common share (0.53) 0.65
Diluted net (loss) income from continuing operations, per common share (0.51) 0.60
Diluted net loss from discontinued operations, per common share (0.02) 0.00
Diluted net (loss) income attributable to Microchip Technology, per common share (0.53) 0.60
Dividends declared per common share $ 0.3595 $ 0.3575
Basic common shares outstanding 214,345 202,232
Diluted common shares outstanding 214,345 216,767
[1] Includes share-based compensation expense as follows:Cost of sales 7,897 1,657 Research and development 17,517 7,098 Selling, general and administrative 34,165 5,357