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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 23, 2022
Mar. 25, 2022
Current assets:    
Cash and cash equivalents $ 293,588 $ 282,383
Restricted cash 9,694 7,416
Trade accounts receivable, net of provision for expected credit losses of $189 and $105 at September 23, 2022 and March 25, 2022, respectively 86,669 87,359
Trade and other accounts receivable due from related party 32,528 27,360
Accounts receivable – other 1,598 4,144
Inventories 98,426 86,160
Prepaid expenses and other current assets 19,232 14,995
Current portion of related party note receivable 3,750 1,875
Total current assets 545,485 511,692
Property, plant and equipment, net 219,240 210,028
Operating lease right-of-use assets 14,002 16,049
Deferred income tax assets 33,786 17,967
Goodwill 28,037 20,009
Intangible assets, net 52,268 35,970
Related party note receivable, less current portion 10,313 5,625
Equity investment in related party 25,778 27,671
Other assets 50,893 47,609
Total assets 979,802 892,620
Current liabilities:    
Trade accounts payable 40,620 29,836
Amounts due to related party 4,709 5,222
Accrued expenses and other current liabilities 63,941 65,459
Current portion of operating lease liabilities 3,484 3,706
Total current liabilities 112,754 104,223
Obligations due under Senior Secured Credit Facilities 25,000 25,000
Operating lease liabilities, less current portion 10,870 12,748
Deferred income tax liabilities 4,140 0
Other long-term liabilities 11,163 15,286
Total liabilities 163,927 157,257
Commitments and contingencies (Note 14)
Stockholders' Equity:    
Preferred Stock, $0.01 par value; 20,000,000 shares authorized, no shares issued or outstanding at September 23, 2022 and March 25, 2022 0 0
Common stock, $0.01 par value; 1,000,000,000 shares authorized, 191,308,141 shares issued and outstanding at September 23, 2022; 1,000,000,000 shares authorized, 190,473,595 issued and outstanding at March 25, 2022 1,913 1,905
Additional paid-in capital 662,082 627,792
Retained earnings 183,819 122,958
Accumulated other comprehensive loss (33,028) (18,448)
Equity attributable to Allegro MicroSystems, Inc. 814,786 734,207
Non-controlling interests 1,089 1,156
Total stockholders’ equity 815,875 735,363
Total liabilities, non-controlling interest and stockholders' equity $ 979,802 $ 892,620