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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]        
Net sales $ 1,374.7 $ 994.2 $ 4,019.7 $ 2,978.5
Cost of sales [1] 595.1 387.1 1,908.8 1,172.9
Gross profit 779.6 607.1 2,110.9 1,805.6
Research and development [1] 217.7 131.6 611.6 395.7
Selling, general and administrative [1] 174.8 109.1 515.5 337.6
Amortization of acquired intangible assets 193.7 121.0 497.2 362.8
Special charges and other, net [1] (1.3) 0.2 57.0 17.3
Operating expenses 584.9 361.9 1,681.3 1,113.4
Operating income 194.7 245.2 429.6 692.2
Losses on equity method investment (0.1) (0.1) (0.2) (0.2)
Other income (expense):        
Interest income 0.7 6.3 7.3 14.4
Interest expense (137.6) (49.7) (366.7) (148.7)
Loss on settlement of debt (0.2) (2.1) (4.3) (16.0)
Other (loss) income, net (2.5) (2.9) (12.4) 7.4
Income before income taxes 55.0 196.7 53.3 549.1
Income tax (benefit) provision 5.8 447.8 (127.9) 440.4
Net income (loss) $ 49.2 $ (251.1) $ 181.2 $ 108.7
Basic net income attributable to Microchip Technology, per common share (in usd per share) $ 0.21 $ (1.07) $ 0.77 $ 0.47
Diluted net income attributable to Microchip Technology, per common share (in usd per share) 0.20 (1.07) 0.73 0.44
Dividends declared per common share (in usd per share) $ 0.3645 $ 0.3625 $ 1.092 $ 1.086
Basic common shares outstanding (in shares) 236.7 234.1 235.9 232.3
Diluted common shares outstanding (in shares) 244.6 234.1 249.5 248.0
[1] Includes share-based compensation expense as follows: Cost of sales$3.4 $3.5 $10.9 $10.6Research and development$19.4 $10.9 $53.2 $31.8Selling, general and administrative$16.6 $9.6 $46.1 $27.6Special (income) charges and other, net$0.2 $— $17.3 $—