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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 24, 2021
Sep. 25, 2020
Sep. 24, 2021
Sep. 25, 2020
Net sales $ 193,610 $ 136,649 $ 381,752 $ 251,650
Cost of goods sold 91,078 74,879 185,060 134,179
Gross profit 102,532 61,770 196,692 117,471
Operating expenses:        
Research and development 29,590 25,130 59,144 49,510
Selling, general and administrative 34,088 24,238 66,152 51,027
Change in fair value of contingent consideration 300 0 600 0
Total operating expenses 63,978 49,368 125,896 100,537
Operating income 38,554 12,402 70,796 16,934
Other (expense) income:        
Interest (expense) income, net (1,150) 350 (1,495) 663
Foreign currency transaction gain (loss) 202 (1,318) (52) (1,186)
Income in earnings of equity investment 226 246 505 458
Other, net 1,534 20 1,582 213
Income before income tax provision 39,366 11,700 71,336 17,082
Income tax provision 6,143 2,082 10,406 2,610
Net income 33,223 9,618 60,930 14,472
Net income attributable to non-controlling interests 37 34 75 68
Net income attributable to Allegro MicroSystems, Inc. $ 33,186 $ 9,584 $ 60,855 $ 14,404
Net income attributable to Allegro MicroSystems, Inc. per share (Note 17):        
Basic (in dollars per share) $ 0.17 $ 0.96 $ 0.32 $ 1.44
Diluted (in dollars per share) $ 0.17 $ 0.96 $ 0.32 $ 1.44
Weighted average shares outstanding:        
Basic (in shares) 189,673,788 10,000,000 189,629,535 10,000,000
Diluted (in shares) 191,676,422 10,000,000 191,416,250 10,000,000
Non-Related Party Revenue        
Net sales $ 156,445 $ 114,138 $ 309,134 $ 205,519
Related Party Revenue        
Net sales $ 37,165 $ 22,511 $ 72,618 $ 46,131