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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 24, 2021
Mar. 26, 2021
Current assets:    
Cash and cash equivalents $ 259,208 $ 197,214
Restricted cash 7,497 6,661
Trade accounts receivable, net of provision for expected credit losses of $70 at December 24, 2021 and allowance for doubtful accounts of $138 at March 26, 2021 76,235 69,500
Trade and other accounts receivable due from related party 28,305 23,832
Accounts receivable – other 1,485 1,516
Inventories 78,858 87,498
Prepaid expenses and other current assets 16,198 18,374
Current portion of related party note receivable 1,406 0
Assets held for sale 0 25,969
Total current assets 469,192 430,564
Property, plant and equipment, net 207,705 192,393
Operating lease right-of-use assets 15,922 0
Deferred income tax assets 20,942 26,972
Goodwill 20,043 20,106
Intangible assets, net 35,985 36,366
Related party note receivable, less current portion 6,094 0
Equity investment in related party 27,456 26,664
Other assets, net 48,078 14,613
Total assets 851,417 747,678
Current liabilities:    
Trade accounts payable 34,189 35,389
Amounts due to related party 4,051 2,353
Accrued expenses and other current liabilities 59,262 78,932
Current portion of operating lease liabilities 3,339 0
Total current liabilities 100,841 116,674
Obligations due under Senior Secured Credit Facilities 25,000 25,000
Operating lease liabilities, less current portion 12,907 0
Other long-term liabilities 16,830 19,133
Total liabilities 155,578 160,807
Commitments and contingencies (Note 16)
Stockholders’ Equity:    
Preferred Stock, $0.01 par value; 20,000,000 shares authorized, no shares issued or outstanding at December 24, 2021 and March 26, 2021 0 0
Common stock, $0.01 par value; 1,000,000,000 shares authorized, 189,797,145 shares issued and outstanding at December 24, 2021; 1,000,000,000 shares authorized, 189,588,161 issued and outstanding at March 26, 2021 1,898 1,896
Additional paid-in capital 612,106 592,170
Retained earnings 97,342 3,551
Accumulated other comprehensive loss (16,677) (11,865)
Equity attributable to Allegro MicroSystems, Inc. 694,669 585,752
Non-controlling interests 1,170 1,119
Total stockholders’ equity 695,839 586,871
Total liabilities, non-controlling interest and stockholders’ equity $ 851,417 $ 747,678