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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Mar. 25, 2022
Mar. 26, 2021
Mar. 27, 2020
Net sales $ 768,674 $ 591,207 $ 650,089
Cost of goods sold 361,214 312,305 388,813
Gross profit 407,460 278,902 261,276
Operating expenses:      
Research and development 121,873 108,649 102,052
Selling, general and administrative 150,937 153,476 106,396
Impairment of long-lived assets 0 7,119 0
Change in fair value of contingent consideration (2,000) (2,500) 0
Total operating expenses 270,810 266,744 208,448
Operating income 136,650 12,158 52,828
Other income (expense):      
Loss on debt extinguishment 0 (9,055) 0
Interest expense, net (1,057) (2,603) (110)
Foreign currency transaction (loss) gain (568) (2,889) 1,391
Income in earnings of equity investment 1,007 1,413 0
Other, net 4,714 (475) (831)
Income (loss) before income taxes 140,746 (1,451) 53,278
Income tax provision (benefit) 21,191 (19,552) 16,173
Net income 119,555 18,101 37,105
Net income attributable to non-controlling interests 148 148 134
Net income attributable to Allegro MicroSystems, Inc. $ 119,407 $ 17,953 $ 36,971
Net income attributable to Allegro MicroSystems, Inc. per share:      
Basic (in dollars per share) $ 0.63 $ 0.22 $ 3.70
Diluted (in dollars per share) $ 0.62 $ 0.10 $ 3.70
Weighted average shares outstanding:      
Basic (in shares) 189,748,427 83,448,055 10,000,000
Diluted (in shares) 191,811,205 176,416,645 10,000,000
Non-Related Party Revenue      
Net sales $ 619,861 $ 486,546 $ 465,532
Related Party Revenue      
Net sales $ 148,813 $ 104,661 $ 184,557