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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]        
Net sales $ 834,366 $ 540,344 $ 2,505,141 $ 1,615,687
Cost of sales (1) [1] 369,107 247,626 1,280,771 713,002
Gross profit 465,259 292,718 1,224,370 902,685
Research and development (1) [1] 132,433 97,022 418,111 276,958
Selling, general and administrative (1) [1] 111,017 76,270 388,651 223,377
Amortization of acquired intangible assets 82,791 48,312 243,356 126,764
Special charges (income) and other, net 20,944 (5,018) 52,522 3,187
Operating expenses 347,185 216,586 1,102,640 630,286
Operating income 118,074 76,132 121,730 272,399
Losses on equity method investments (55) (56) (167) (289)
Other income (expense):        
Interest income 501 6,677 1,765 18,610
Interest expense (35,143) (27,507) (104,685) (77,203)
Other income (loss), net 121 (5,088) (658) 10,163
Income before income taxes 83,498 50,158 17,985 223,680
Income tax benefit (23,837) (11,053) (15,699) (32,890)
Net income from continuing operations 107,335 61,211 33,684 256,570
Loss from discontinued operations (191) 0 (7,514) 0
Income tax benefit (31) 0 (1,561) 0
Net loss from discontinued operations (160) 0 (5,953) 0
Net income 107,175 61,211 27,731 256,570
Less: Net loss attributable to noncontrolling interests 0 0 0 207
Net income attributable to Microchip Technology $ 107,175 $ 61,211 $ 27,731 $ 256,777
Basic net income from continuing operations, per common share (in USD per share) $ 0.50 $ 0.30 $ 0.16 $ 1.26
Basic net loss from discontinued operations, per common share (in USD per share) 0.00 0.00 (0.03) 0.00
Basic net income attributable to Microchip Technology, per common share (in USD per share) 0.50 0.30 0.13 1.26
Diluted net income from continuing operations, per common share (in USD per share) 0.46 0.28 0.14 1.18
Diluted net loss from discontinued operations, per common share (in USD per share) 0.00 0.00 (0.02) 0.00
Diluted net income attributable to Microchip Technology, per common share (in USD per share) 0.46 0.28 0.12 1.18
Dividends declared per common share (in USD per share) $ 0.3605 $ 0.3585 $ 1.0800 $ 1.0740
Basic common shares outstanding 216,210 203,294 215,360 203,267
Diluted common shares outstanding 235,424 217,975 233,351 217,280
[1] Includes share-based compensation expense as follows:Cost of sales 4,100 2,398 11,997 4,055 Research and development 10,171 8,670 27,688 15,768 Selling, general and administrative 10,119 11,958 44,284 17,315