Share-Based Compensation (Notes)

3 Months Ended

Jun. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

The following table presents the details of the Company's share-based compensation expense (amounts in thousands):



	Three Months Ended
	June 30,
	2017		2016
Cost of sales ⁽¹⁾	$	3,394	$	7,897
Research and development	10,289		17,517
Selling, general and administrative	8,725		34,165
Pre-tax effect of share-based compensation	22,408		59,579
Income tax benefit ⁽²⁾	7,428		20,888
Net income effect of share-based compensation	$	14,980	$	38,691

⁽¹⁾ During the three months ended June 30, 2017, $2.7 million of share-based compensation expense was capitalized to inventory and $3.4 million of previously capitalized share-based compensation expense in inventory was sold. During the three months ended June 30, 2016, $2.8 million of share-based compensation expense was capitalized to inventory. The amount of share-based compensation included in cost of sales during the three months ended June 30, 2016 included $3.7 million of previously capitalized share-based compensation expense in inventory that was sold and $4.2 million of share-based compensation expense related to the Company's acquisition of Atmel that was not previously capitalized to inventory.

⁽²⁾ Amounts exclude excess tax benefits related to share-based compensation of $5.9 million for the three months ended June 30, 2017 and $6.7 million for the three months ended June 30, 2016.

Atmel Acquisition-related Equity Awards

During the three months ended June 30, 2016, the Company recognized $43.2 million of share-based compensation expense in connection with awards assumed in the acquisition of Atmel, of which $37.1 million was due to the accelerated vesting of outstanding equity awards upon termination of certain Atmel employees.