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Net Income per Share | 3 Months Ended
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Jun. 24, 2022
Earnings Per Share [Abstract] |
Net Income per Share | Net Income per Share The following table sets forth the basic and diluted net income attributable to Allegro MicroSystems, Inc. per share.
| Three-Month Period Ended |  |
| June 24, 2022 |  | June 25, 2021 |  |  |  |
Net income attributable to Allegro MicroSystems, Inc. | $ | 10,247 |  |  | $ | 27,669 |  |  |  |  |
Net income attributable to common stockholders | 10,283 |  |  | 27,707 |  |  |  |  |
Basic weighted average shares of common stock | 190,638,135 |  |  | 189,585,381 |  |  |  |  |
Dilutive effect of common stock equivalents | 1,768,141 |  |  | 1,577,693 |  |  |  |  |
Diluted weighted average shares of common stock | 192,406,276 |  |  | 191,163,074 |  |  |  |  |
Basic net income attributable to Allegro MicroSystems, Inc. per share | $ | 0.05 |  |  | $ | 0.15 |  |  |  |  |
Basic net income attributable to common stockholders per share | $ | 0.05 |  |  | $ | 0.15 |  |  |  |  |
Diluted net income attributable to Allegro MicroSystems, Inc. per share | $ | 0.05 |  |  | $ | 0.14 |  |  |  |  |
Diluted net income attributable to common stockholders per share | $ | 0.05 |  |  | $ | 0.14 |  |  |  |  |
The computed net income per share for the three months ended June 24, 2022 and June 25, 2021 does not assume conversion of securities that would have an antidilutive effect on income per share. For the three months ended June 24, 2022 and June 25, 2021, there were 19,272 and 1,988 restricted share units (“RSUs”), respectively, excluded as conversion of such securities would have an antidilutive effect on income per share. For the three months ended June 24, 2022 and June 25, 2021, there were 46,991 and no performance share units (“PSUs”), respectively, excluded as conversion of such securities would have an antidilutive effect on income per share. The following table represents issuable weighted average share information for the respective periods:
| Three-Month Period Ended |  |
| June 24, 2022 |  | June 25, 2021 |  |  |  |
Restricted stock units | 668,259 |  |  | 820,221 |  |  |  |  |
Performance stock units | 1,080,201 |  |  | 752,235 |  |  |  |  |
Employee stock purchase plan | 19,681 |  |  | 5,237 |  |  |  |  |
Total | 1,768,141 |  |  | 1,577,693 |  |  |  |  |

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