v3.24.1.1.u2
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Mar. 25, 2022
Net sales $ 1,049,367 $ 973,653 $ 768,674
Cost of goods sold 471,894 348,390 286,855
Cost of goods sold to related party 2,944 79,184 74,359
Gross profit 574,529 546,079 407,460
Operating expenses:      
Research and development 176,638 150,850 121,873
Selling, general and administrative 188,429 191,922 148,937
Impairment of long-lived assets 13,218 0 0
Total operating expenses 378,285 342,772 270,810
Operating income 196,244 203,307 136,650
Other income (expense):      
Interest expense (10,763) (2,336) (2,499)
Interest income 3,144 1,724 1,442
Foreign currency transaction gain (loss) 5,064 980 (568)
(Loss) income in earnings of equity investment (538) (406) 1,007
Other income, net 1,646 8,077 4,714
Income before income taxes 194,797 211,346 140,746
Income tax provision 41,909 23,852 21,191
Net income 152,888 187,494 119,555
Net income attributable to non-controlling interests 191 137 148
Net income attributable to Allegro MicroSystems, Inc. $ 152,697 $ 187,357 $ 119,407
Net income per common share attributable to Allegro MicroSystems, Inc.:      
Basic (in dollars per share) $ 0.79 $ 0.98 $ 0.63
Diluted (in dollars per share) $ 0.78 $ 0.97 $ 0.62
Weighted average shares outstanding:      
Basic (in shares) 192,573,169 191,197,452 189,748,427
Diluted (in shares) 194,674,352 193,688,102 191,811,205
Non-Related Party Revenue      
Net sales $ 1,043,206 $ 812,890 $ 619,861
Related Party Revenue      
Net sales $ 6,161 $ 160,763 $ 148,813