v3.24.1.1.u2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 29, 2024
Mar. 31, 2023
Current assets:    
Cash and cash equivalents $ 212,143 $ 351,576
Restricted cash 10,018 7,129
Trade accounts receivable, net of provision for expected credit losses of $145 and $102 at March 29, 2024 and March 31, 2023, respectively 118,508 111,290
Accounts receivable - other 2,703 1,943
Inventories 162,302 151,301
Prepaid income taxes 31,908 2,090
Prepaid expenses and other current assets 30,674 23,256
Total current assets 572,213 665,829
Property, plant and equipment, net 321,175 263,099
Operating lease right-of-use assets, net 20,374 16,866
Deferred income tax assets 54,496 50,359
Goodwill 202,425 27,691
Intangible assets, net 276,854 52,378
Related party notes receivable, less current portion 4,688 8,438
Equity investment in related party 26,727 27,265
Other assets 51,651 69,230
Total assets 1,530,603 1,181,155
Current liabilities:    
Trade accounts payable 35,964 56,256
Accrued expenses and other current liabilities 71,126 94,894
Current portion of operating lease liabilities 5,263 4,493
Current portion of long-term debt 3,929  
Total current liabilities 117,908 165,325
Long-term debt 249,611 25,000
Operating lease liabilities, less current portion 16,404 13,048
Other long-term liabilities 14,964 10,967
Total liabilities 398,887 214,340
Commitments and contingencies (Note 16)  
Stockholders' Equity:    
Preferred Stock, $0.01 par value; 20,000,000 shares authorized, no shares issued or outstanding at March 29, 2024 and March 31, 2023
Common stock, $0.01 par value; 1,000,000,000 shares authorized, 193,164,609 shares issued and outstanding at March 29, 2024; 1,000,000,000 shares authorized, 191,754,292 issued and outstanding at March 31, 2023 1,932 1,918
Additional paid-in capital 694,332 674,179
Retained earnings 463,012 310,315
Accumulated other comprehensive loss (28,841) (20,784)
Equity attributable to Allegro MicroSystems, Inc. 1,130,435 965,628
Non-controlling interests 1,281 1,187
Total stockholders' equity 1,131,716 966,815
Total liabilities, non-controlling interests and stockholders' equity 1,530,603 1,181,155
Related Party    
Current assets:    
Trade and other accounts receivable due from related party 207 13,494
Current portion of related party notes receivable 3,750 3,750
Current liabilities:    
Amounts due to related party $ 1,626 $ 9,682