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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 29, 2023
Mar. 31, 2023
Current assets:    
Cash and cash equivalents $ 370,013 $ 351,576
Restricted cash 8,418 7,129
Trade accounts receivable, net 118,947 111,290
Inventories 173,089 151,301
Prepaid expenses and other current assets 39,938 27,289
Total current assets 714,896 665,829
Property, plant and equipment, net 312,047 263,099
Operating lease right-of-use assets 20,804 16,866
Deferred income tax assets 68,385 50,359
Goodwill 27,707 27,691
Intangible assets, net 51,677 52,378
Equity investment in related party 25,474 27,265
Other assets 57,384 69,230
Total assets 1,284,937 1,181,155
Current liabilities:    
Trade accounts payable 62,603 56,256
Accrued expenses and other current liabilities 63,394 94,894
Current portion of operating lease liabilities 5,203 4,493
Total current liabilities 134,241 165,325
Obligations due under Senior Secured Credit Facilities 25,000 25,000
Operating lease liabilities, less current portion 16,004 13,048
Other long-term liabilities 11,404 10,967
Total liabilities 186,649 214,340
Commitments and contingencies (Note 10)
Stockholders' Equity:    
Preferred stock, $0.01 par value; 20,000,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.01 par value; 1,000,000,000 shares authorized, 192,469,731 shares issued and outstanding at September 29, 2023; 1,000,000,000 shares authorized, 191,754,292 issued and outstanding at March 31, 2023 1,925 1,918
Additional paid-in capital 683,891 674,179
Retained earnings 436,782 310,315
Accumulated other comprehensive loss (25,509) (20,784)
Equity attributable to Allegro MicroSystems, Inc. 1,097,089 965,628
Non-controlling interests 1,199 1,187
Total stockholders’ equity 1,098,288 966,815
Total liabilities, non-controlling interests and stockholders’ equity 1,284,937 1,181,155
Related Party    
Current assets:    
Trade and other accounts receivable due from related party 741 13,494
Current portion of related party note receivable 3,750 3,750
Related party note receivable, less current portion 6,563 8,438
Current liabilities:    
Amounts due to related party $ 3,041 $ 9,682