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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Jun. 28, 2024
Jun. 30, 2023
Net sales $ 166,919 $ 278,293
Cost of goods sold 92,148 120,343
Gross profit 74,771 157,950
Operating expenses:    
Research and development 45,204 42,975
Selling, general and administrative 40,197 44,229
Total operating expenses 85,401 87,204
Operating (loss) income (10,630) 70,746
Other income (expense):    
Interest expense (5,377) (769)
Interest income 494 843
Other income (expense), net (1,060) (2,716)
(Loss) income before income taxes (16,573) 68,104
Income tax provision 1,040 7,215
Net (loss) income (17,613) 60,889
Net income attributable to non-controlling interests 62 39
Net (loss) income attributable to Allegro MicroSystems, Inc. $ (17,675) $ 60,850
Net (loss) income per common share attributable to Allegro MicroSystems, Inc.:    
Basic (in dollars per share) $ (0.09) $ 0.32
Diluted (in dollars per share) $ (0.09) $ 0.31
Weighted average shares outstanding:    
Basic (in shares) 193,465,708 191,997,330
Diluted (in shares) 193,465,708 194,991,906