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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 29, 2023
Mar. 31, 2023
Current assets:    
Cash and cash equivalents $ 214,308 $ 351,576
Restricted cash 9,427 7,129
Trade accounts receivable, net 114,324 111,290
Inventories 165,553 151,301
Prepaid expenses and other current assets 41,980 27,289
Total current assets 549,496 665,829
Property, plant and equipment, net 325,822 263,099
Operating lease right-of-use assets 21,620 16,866
Deferred income tax assets 79,420 50,359
Goodwill 214,709 27,691
Intangible assets, net 293,699 52,378
Equity investment in related party 25,974 27,265
Other assets 48,936 69,230
Total assets 1,565,301 1,181,155
Current liabilities:    
Trade accounts payable 37,633 56,256
Accrued expenses and other current liabilities 69,951 94,894
Current portion of operating lease liabilities 5,486 4,493
Current portion of long-term debt 3,959  
Total current liabilities 120,187 165,325
Long-term debt 250,464 25,000
Operating lease liabilities, less current portion 16,321 13,048
Deferred income tax liabilities 27,740  
Other long-term liabilities 15,103 10,967
Total liabilities 429,815 214,340
Commitments and contingencies (Note 11)
Stockholders' Equity:    
Preferred stock, $0.01 par value; 20,000,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.01 par value; 1,000,000,000 shares authorized, 193,047,658 shares issued and outstanding at December 29, 2023; 1,000,000,000 shares authorized, 191,754,292 issued and outstanding at March 31, 2023 1,931 1,918
Additional paid-in capital 684,063 674,179
Retained earnings 470,127 310,315
Accumulated other comprehensive loss (21,889) (20,784)
Equity attributable to Allegro MicroSystems, Inc. 1,134,232 965,628
Non-controlling interests 1,254 1,187
Total stockholders’ equity 1,135,486 966,815
Total liabilities, non-controlling interests and stockholders’ equity 1,565,301 1,181,155
Related Party    
Current assets:    
Trade and other accounts receivable due from related party 154 13,494
Current portion of related party note receivable 3,750 3,750
Related party note receivable, less current portion 5,625 8,438
Current liabilities:    
Amounts due to related party $ 3,158 $ 9,682