Net (Loss) Income per Share (Tables)

3 Months Ended

Jun. 28, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Net (Loss) Income per Share and Unaudited Pro Forma Net Income per Share

The following table sets forth the basic and diluted net (loss) income attributable to Allegro MicroSystems, Inc. per share:

	Three-Month Period Ended
	June 28, 2024			June 30, 2023
Net (loss) income attributable to Allegro MicroSystems, Inc.	$	(17,675	)	$	60,850
Basic weighted average shares of common stock		193,465,708			191,997,330
Dilutive effect of common stock equivalents		—			2,994,576
Diluted weighted average shares of common stock		193,465,708			194,991,906
Basic net (loss) income per common share attributable to Allegro MicroSystems, Inc. stockholders	$	(0.09	)	$	0.32
Diluted net (loss) income per common share attributable to Allegro MicroSystems, Inc. stockholders	$	(0.09	)	$	0.31

Schedule Of Anti Dilutive Securities Excluded

The computed net (loss) income per share for the three-month periods ended June 28, 2024 and June 30, 2023 does not assume conversion of securities that would have an antidilutive effect on (loss) income per share. The following represents contingently issuable shares under the restricted stock units (“RSUs”) and performance-based restricted stock units (“PSUs”) excluded from the computation of net (loss) income per share, as such securities would have an antidilutive effect on net (loss) income per share:

	Three-Month Period Ended
	June 28, 2024		June 30, 2023
RSUs		754,975		—
PSUs		214,527		65,943

Schedule of Issuable Weighted Average Dilutive Share Information

The following table represents issued and issuable weighted average dilutive share information underlying our outstanding RSUs, PSUs and participation in our employee stock purchase plan (“ESPP”) for the respective periods:

	Three-Month Period Ended
	June 28, 2024		June 30, 2023
RSUs		—		1,163,894
PSUs		—		1,809,200
ESPP		—		21,482
Total		—		2,994,576