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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 24, 2022
Mar. 25, 2022
Current assets:    
Cash and cash equivalents $ 286,557 $ 282,383
Restricted cash 9,715 7,416
Trade accounts receivable, net of provision for expected credit losses of $149 and $105 at June 24, 2022 and March 25, 2022, respectively 91,552 87,359
Trade and other accounts receivable due from related party 30,109 27,360
Accounts receivable – other 1,430 4,144
Inventories 88,933 86,160
Prepaid expenses and other current assets 18,863 14,995
Current portion of related party note receivable 1,875 1,875
Total current assets 529,034 511,692
Property, plant and equipment, net 214,808 210,028
Operating lease right-of-use assets 15,158 16,049
Deferred income tax assets 25,505 17,967
Goodwill 19,953 20,009
Intangible assets, net 36,142 35,970
Related party note receivable, less current portion 5,156 5,625
Equity investment in related party 26,807 27,671
Other assets, net 53,550 47,609
Total assets 926,113 892,620
Current liabilities:    
Trade accounts payable 34,492 29,836
Amounts due to related party 4,704 5,222
Accrued expenses and other current liabilities 68,952 65,459
Current portion of operating lease liabilities 3,656 3,706
Total current liabilities 111,804 104,223
Obligations due under Senior Secured Credit Facilities 25,000 25,000
Operating lease liabilities, less current portion 11,893 12,748
Other long-term liabilities 14,056 15,286
Total liabilities 162,753 157,257
Commitments and contingencies (Note 13)
Stockholders' Equity:    
Preferred Stock, $0.01 par value; 20,000,000 shares authorized, no shares issued or outstanding at June 24, 2022 and March 25, 2022 0 0
Common stock, $0.01 par value; 1,000,000,000 shares authorized, 191,180,179 shares issued and outstanding at June 24, 2022; 1,000,000,000 shares authorized, 190,473,595 issued and outstanding at March 25, 2022 1,912 1,905
Additional paid-in capital 652,317 627,792
Retained earnings 133,205 122,958
Accumulated other comprehensive loss (25,198) (18,448)
Equity attributable to Allegro MicroSystems, Inc. 762,236 734,207
Non-controlling interests 1,124 1,156
Total stockholders' equity 763,360 735,363
Total liabilities, non-controlling interest and stockholders' equity $ 926,113 $ 892,620