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Share-Based Compensation | 6 Months Ended
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Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Share-Based Compensation | Share-Based Compensation The following table presents the details of the Company's share-based compensation expense (in millions):
| Three Months Ended |  | Six Months Ended
| September 30, |  | September 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Cost of sales (1) | $ | 3.9 |  |  | $ | 3.7 |  |  | $ | 7.5 |  |  | $ | 7.1 |
Research and development | 19.7 |  |  | 10.6 |  |  | 33.8 |  |  | 20.9 |
Selling, general and administrative | 17.8 |  |  | 9.3 |  |  | 29.5 |  |  | 18.0 |
Special charges and other, net | 1.2 |  |  | — |  |  | 17.1 |  |  | — |
Pre-tax effect of share-based compensation | 42.6 |  |  | 23.6 |  |  | 87.9 |  |  | 46.0 |
Income tax benefit (2) | 9.0 |  |  | 7.8 |  |  | 19.1 |  |  | 15.3 |
Net income effect of share-based compensation | $ | 33.6 |  |  | $ | 15.8 |  |  | $ | 68.8 |  |  | $ | 30.7 |
(1) During the three and six months ended September 30, 2018, $4.4 million and $7.9 million, respectively, of share-based compensation expense was capitalized to inventory and $3.9 million and $7.5 million, respectively, of previously capitalized share-based compensation expense in inventory was sold. During the three and six months ended September 30, 2017, $3.1 million and $5.8 million, respectively, of share-based compensation expense was capitalized to inventory and $3.7 million and $7.1 million of previously capitalized share-based compensation expense in inventory was sold. (2) Amounts exclude excess tax benefits related to share-based compensation of $4.0 million and $9.0 million, respectively, for the three and six months ended September 30, 2018 and $8.2 million and $14.1 million, respectively, for the three and six months ended September 30, 2017. Microsemi Acquisition-related Equity Awards In connection with its acquisition of Microsemi, the Company assumed certain restricted stock units (RSUs), stock appreciation rights (SARs), and stock options granted by Microsemi. The assumed awards were measured at the acquisition date based on the estimated fair value, which was a total of $175.4 million. A portion of that fair value, $53.9 million, which represented the pre-acquisition vested service provided by employees to Microsemi, was included in the total consideration transferred as part of the acquisition. As of the acquisition date, the remaining portion of the fair value of those awards was $121.5 million, representing post-acquisition share-based compensation expense that will be recognized as these employees provide service over the remaining vesting periods. During the six months ended September 30, 2018, the Company recognized $40.2 million of share-based compensation expense in connection with the acquisition of Microsemi, of which $1.6 million was capitalized into inventory and $17.1 million was due to the accelerated vesting of outstanding equity awards upon termination of certain Microsemi employees.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -URI http://asc.fasb.org/subtopic&trid=2208855 + Details
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