v3.25.2
Unaudited condensed consolidated balance sheets - USD ($)
$ in Thousands
Jun. 27, 2025
Mar. 31, 2025
Current assets:    
Cash and cash equivalents $ 743,402 $ 766,103
Accounts receivable, net of allowance of $1,433 and $1,472, respectively 553,578 472,462
Contract assets 384,683 405,890
Inventories 227,133 209,432
Section 45X credit receivable 221,245 215,616
Other current assets 102,903 88,483
Total current assets 2,232,944 2,157,986
Property and equipment, net 72,422 60,395
Goodwill 444,923 371,018
Other intangible assets, net 68,949 53,241
Deferred tax assets 511,255 498,778
Other assets 59,446 51,098
Total assets 3,389,939 3,192,516
Current liabilities:    
Accounts payable 581,454 585,299
Accrued expenses 85,990 97,000
Deferred revenue 261,688 247,127
Other current liabilities 102,859 104,086
Total current liabilities 1,031,991 1,033,512
Tax receivable agreement (TRA) liability 391,939 394,879
Long-term deferred revenue 101,452 96,635
Other liabilities 57,413 39,360
Total liabilities 1,582,795 1,564,386
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Additional paid-in-capital 4,208,133 4,185,823
Accumulated deficit (2,400,227) (2,557,410)
Accumulated other comprehensive loss (777) (298)
Total stockholders’ equity 1,807,144 1,628,130
Total liabilities and stockholders’ equity 3,389,939 3,192,516
Common Class A    
Stockholders’ equity:    
Class of common stock, price par value, shares authorized, issued and outstanding $ 15 $ 15