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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 27, 2024
Mar. 29, 2024
Current assets:    
Cash and cash equivalents $ 188,751 $ 212,143
Restricted cash 10,287 10,018
Trade accounts receivable, net 76,985 118,508
Inventories 176,648 162,302
Prepaid income taxes 38,636 31,908
Prepaid expenses and other current assets 32,253 33,584
Total current assets 523,560 572,213
Property, plant and equipment, net 325,051 321,175
Operating lease right-of-use assets, net 22,343 20,374
Deferred income tax assets 61,839 54,496
Goodwill 203,151 202,425
Intangible assets, net 266,753 276,854
Equity investment in related party 30,186 26,727
Other assets 59,234 51,651
Total assets 1,492,117 1,530,603
Current liabilities:    
Trade accounts payable 50,245 35,964
Accrued expenses and other current liabilities 57,203 71,126
Current portion of operating lease liabilities 5,539 5,263
Current portion of long-term debt 5,475 3,929
Total current liabilities 124,008 117,908
Long-term debt 396,056 249,611
Operating lease liabilities, less current portion 17,674 16,404
Other long-term liabilities 15,671 14,964
Total liabilities 553,409 398,887
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, 183,983,240 shares issued and outstanding at September 27, 2024; 1,000,000,000 shares authorized, 193,164,609 issued and outstanding at March 29, 2024 1,840 1,932
Additional paid-in capital 993,988 694,332
(Accumulated deficit) retained earnings (31,931) 463,012
Accumulated other comprehensive loss (26,583) (28,841)
Equity attributable to Allegro MicroSystems, Inc. 937,314 1,130,435
Non-controlling interests 1,394 1,281
Total stockholders’ equity 938,708 1,131,716
Total liabilities, non-controlling interests and stockholders’ equity 1,492,117 1,530,603
Related Party    
Current assets:    
Current portion of related party notes receivable 0 3,750
Related party notes receivable, less current portion 0 4,688
Current liabilities:    
Amounts due to related party $ 5,546 $ 1,626