Segment Information

9 Months Ended

Dec. 31, 2019

The Company's reportable segments are semiconductor products and technology licensing. The Company does not allocate operating expenses, interest income, interest expense, other income or expense, or provision for or benefit from income taxes to these segments for internal reporting purposes, as the Company does not believe that allocating these expenses is beneficial in evaluating segment performance. Additionally, the Company does not allocate assets to segments for internal reporting purposes as it does not manage its segments by such metrics.

The following table represents net sales and gross profit for each segment for the three and nine months ended December 31, 2019 (in millions):



	Three Months Ended				Nine Months Ended
	December 31, 2019				December 31, 2019
	Net Sales		Gross Profit		Net Sales		Gross Profit
Semiconductor products	$	1,257.0	$	755.1	$	3,875.6	$	2,356.0
Technology licensing	30.4		30.4		72.2		72.2
Total	$	1,287.4	$	785.5	$	3,947.8	$	2,428.2

The following table represents net sales and gross profit for each segment for the three and nine months ended December 31, 2018 (in millions):



	Three Months Ended				Nine Months Ended
	December 31, 2018				December 31, 2018
	Net Sales		Gross Profit		Net Sales		Gross Profit
Semiconductor products	$	1,331.3	$	736.2	$	3,911.4	$	2,002.6
Technology licensing	43.4		43.4		108.3		108.3
Total	$	1,374.7	$	779.6	$	4,019.7	$	2,110.9