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Quarterly Results (Unaudited) (Tables)
12 Months Ended
Mar. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data
The following table presents the Company's selected unaudited quarterly operating results for the eight quarters ended March 31, 2017.  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 2017
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Net sales
 
$
799,411

 
$
871,364

 
$
834,366

 
$
902,666

 
$
3,407,807

Gross profit
 
348,490

 
410,621

 
465,259

 
532,826

 
1,757,196

Operating income
 
(59,104
)
 
62,760

 
118,074

 
154,087

 
275,817

Net income
 
(113,363
)
 
33,919

 
107,175

 
136,908

 
164,639

Diluted net income per common share attributable to Microchip stockholders
 
(0.53
)
 
0.14

 
0.46

 
0.57

 
0.71

 
 
 
 
 
 
 
 
 
 
 
Fiscal 2016
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Net sales
 
$
533,952

 
$
541,391

 
$
540,344

 
$
557,647

 
$
2,173,334

Gross profit
 
309,017

 
300,950

 
292,718

 
302,779

 
1,205,464

Operating income
 
121,319

 
74,948

 
76,132

 
79,946

 
352,345

Net income
 
130,460

 
64,899

 
61,211

 
67,355

 
323,925

Less: Net loss attributable to noncontrolling interests
 
207

 

 

 

 
207

Net income attributable to Microchip Technology
 
130,667

 
64,899

 
61,211

 
67,355

 
324,132

Diluted net income per common share attributable to Microchip stockholders
 
0.60

 
0.30

 
0.28

 
0.31

 
1.49