Net Income per Share (Tables)

12 Months Ended

Mar. 29, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Net Income per Share and Unaudited Pro Forma Net Income per Share

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


		Fiscal Year Ended
		March 29, 2024				March 31, 2023				March 25, 2022
Net income attributable to Allegro MicroSystems, Inc.		$	152,697			$	187,357			$	119,407

Basic weighted average common shares			192,573,169				191,197,452				189,748,427
Dilutive effect of common stock equivalents			2,101,183				2,490,650				2,062,778
Diluted weighted average common shares			194,674,352				193,688,102				191,811,205

Basic net income per common share attributable to Allegro MicroSystems, Inc. stockholders		$	0.79			$	0.98			$	0.63

Diluted net income per common share attributable to Allegro MicroSystems, Inc. stockholders		$	0.78			$	0.97			$	0.62

Schedule of Anti Dilutive Securities Excluded

The computed net income per share for the fiscal years ended March 29, 2024, March 31, 2023 and March 25, 2022 does not assume conversion of securities that would have an antidilutive effect on income per share. The following represents contingently issuable shares excluded from the computation of net income per share, as such shares would have an antidilutive effect:


		Fiscal Year Ended
		March 29, 2024				March 31, 2023				March 25, 2022
RSUs			40,257				17,586				—
PSUs			129,837				—				—
ESPP			—				—				3,622
Total			170,094				17,586				3,622

Schedule of Issuable Weighted Average Share Information

The following represents issued and issuable weighted average share information underlying our outstanding RSUs, PSUs and participation in the ESPP for the respective periods:


		Fiscal Year Ended
		March 29, 2024				March 31, 2023				March 25, 2022
RSUs			888,811				1,039,547				1,066,406
PSUs			1,210,124				1,435,883				996,372
ESPP			2,248				15,220				—
Total			2,101,183				2,490,650				2,062,778