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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 24, 2021
Dec. 25, 2020
Dec. 24, 2021
Dec. 25, 2020
Net sales $ 186,629 $ 164,449 $ 568,381 $ 416,099
Cost of goods sold 85,464 90,024 270,524 224,203
Gross profit 101,165 74,425 297,857 191,896
Operating expenses:        
Research and development 30,297 30,999 89,441 80,509
Selling, general and administrative 37,963 67,650 104,115 118,677
Change in fair value of contingent consideration (2,700) 0 (2,100) 0
Total operating expenses 65,560 98,649 191,456 199,186
Operating income (loss) 35,605 (24,224) 106,401 (7,290)
Other income (expense):        
Loss on debt extinguishment 0 (9,055) 0 (9,055)
Interest expense, net (269) (2,598) (1,764) (1,935)
Foreign currency transaction loss (3) (145) (55) (1,331)
Income in earnings of equity investment 287 949 792 1,407
Other, net 3,634 (510) 5,216 (297)
Income (loss) before income tax provision (benefit) 39,254 (35,583) 110,590 (18,501)
Income tax provision (benefit) 6,281 (30,523) 16,687 (27,913)
Net income (loss) 32,973 (5,060) 93,903 9,412
Net income attributable to non-controlling interests 37 35 112 103
Net income (loss) attributable to Allegro MicroSystems, Inc. $ 32,936 $ (5,095) $ 93,791 $ 9,309
Net income (loss) attributable to Allegro MicroSystems, Inc. per share (Note 17):        
Basic (in dollars per share) $ 0.17 $ (0.04) $ 0.49 $ 0.19
Diluted (in dollars per share) $ 0.17 $ (0.04) $ 0.49 $ 0.05
Weighted average shares outstanding:        
Basic (in shares) 189,736,901 124,363,078 189,665,324 48,121,026
Diluted (in shares) 192,068,222 124,363,078 191,678,951 171,638,787
Non-Related Party Revenue        
Net sales $ 147,168 $ 138,010 $ 456,302 $ 343,529
Related Party Revenue        
Net sales $ 39,461 $ 26,439 $ 112,079 $ 72,570