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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 28, 2024
Mar. 29, 2024
Current assets:    
Cash and cash equivalents $ 173,136 $ 212,143
Restricted cash 11,041 10,018
Trade accounts receivable, net 63,358 118,508
Inventories 175,901 162,302
Prepaid income taxes 29,411 31,908
Prepaid expenses and other current assets 33,647 33,377
Total current assets 490,283 572,213
Property, plant and equipment, net 319,763 321,175
Operating lease right-of-use assets, net 20,423 20,374
Deferred income tax assets 59,589 54,496
Goodwill 202,292 202,425
Intangible assets, net 271,723 276,854
Equity investment in related party 26,270 26,727
Other assets 54,797 51,651
Total assets 1,448,890 1,530,603
Current liabilities:    
Trade accounts payable 35,346 35,964
Accrued expenses and other current liabilities 58,702 71,126
Current portion of operating lease liabilities 5,183 5,263
Current portion of long-term debt 1,411 3,929
Total current liabilities 105,537 117,908
Long-term debt 202,589 249,611
Operating lease liabilities, less current portion 16,045 16,404
Other long-term liabilities 14,877 14,964
Total liabilities 339,048 398,887
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, 193,836,578 shares issued and outstanding at June 28, 2024; 1,000,000,000 shares authorized, 193,164,609 issued and outstanding at March 29, 2024 1,938 1,932
Additional paid-in capital 693,253 694,332
Retained earnings 445,337 463,012
Accumulated other comprehensive loss (31,946) (28,841)
Equity attributable to Allegro MicroSystems, Inc. 1,108,582 1,130,435
Non-controlling interests 1,260 1,281
Total stockholders’ equity 1,109,842 1,131,716
Total liabilities, non-controlling interests and stockholders’ equity 1,448,890 1,530,603
Related Party    
Current assets:    
Accounts receivable due from related party 39 207
Current portion of related party notes receivable 3,750 3,750
Related party notes receivable, less current portion 3,750 4,688
Current liabilities:    
Amounts due to related party $ 4,895 $ 1,626