XML 39 R33.htm IDEA: XBRL DOCUMENT

Net Income per Share (Tables)

9 Months Ended

Dec. 29, 2023

Earnings Per Share [Abstract]

Schedule of Computation of Net (Loss) Income per Share and Unaudited Pro Forma Net Income per Share

The following table sets forth the basic and diluted net income per common share attributable to Allegro MicroSystems, Inc.


		Three-Month Period Ended								Nine-Month Period Ended
		December 29, 2023				December 23, 2022				December 29, 2023				December 23, 2022
Net income attributable to common stockholders		$	33,402			$	64,551			$	159,962			$	125,482

Basic weighted average shares of common stock			192,724,541				191,328,538				192,384,315				191,082,141
Dilutive effect of common stock equivalents			1,845,839				2,607,370				2,540,725				2,018,621
Diluted weighted average shares of common stock			194,570,380				193,935,908				194,925,040				193,100,762

Basic net income attributable to common stockholders per share		$	0.17			$	0.34			$	0.83			$	0.66
Diluted net income attributable to common stockholders per share		$	0.17			$	0.33			$	0.82			$	0.65

Schedule Of Anti Dilutive Securities Excluded

The computed net income per share for the three- and nine-month periods ended December 29, 2023 and December 23, 2022 does not assume conversion of securities that would have an antidilutive effect on income per share. The following represents contingently issuable shares under the restricted stock units (“RSUs”) and performance-based restricted stock units (“PSUs”) excluded from the computation of net income per share, as such securities would have an antidilutive effect on net income per share:


		Three-Month Period Ended								Nine-Month Period Ended
		December 29, 2023				December 23, 2022				December 29, 2023				December 23, 2022
Restricted stock units			882,656				12,620				18,811				24,273
Performance stock units			246,073				—				110,263				—

Schedule of Issuable Weighted Average Share Information

The following table represents issued and issuable weighted average share information underlying our outstanding RSUs, PSUs and participation in our employee stock purchase plan for the respective periods:


		Three-Month Period Ended								Nine-Month Period Ended
		December 29, 2023				December 23, 2022				December 29, 2023				December 23, 2022
Restricted stock units			557,405				973,417				917,491				752,637
Performance stock units			1,287,519				1,612,824				1,607,797				1,244,855
Employee stock purchase plan			915				21,129				15,437				21,129
Total			1,845,839				2,607,370				2,540,725				2,018,621