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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 23, 2022
Mar. 25, 2022
Current assets:    
Cash and cash equivalents $ 334,306 $ 282,383
Restricted cash 9,822 7,416
Trade accounts receivable, net of provision for expected credit losses of $147 and $105 at December 23, 2022 and March 25, 2022, respectively 97,225 87,359
Trade and other accounts receivable due from related party 31,070 27,360
Accounts receivable – other 2,169 4,144
Inventories 119,580 86,160
Prepaid expenses and other current assets 22,030 14,995
Current portion of related party note receivable 3,750 1,875
Total current assets 619,952 511,692
Property, plant and equipment, net 232,076 210,028
Operating lease right-of-use assets 14,740 16,049
Deferred income tax assets 46,262 17,967
Goodwill 28,230 20,009
Intangible assets, net 53,130 35,970
Related party note receivable, less current portion 9,375 5,625
Equity investment in related party 27,968 27,671
Other assets 52,332 47,609
Total assets 1,084,065 892,620
Current liabilities:    
Trade accounts payable 49,945 29,836
Amounts due to related party 5,659 5,222
Accrued expenses and other current liabilities 77,796 65,459
Current portion of operating lease liabilities 3,828 3,706
Total current liabilities 137,228 104,223
Obligations due under Senior Secured Credit Facilities 25,000 25,000
Operating lease liabilities, less current portion 11,358 12,748
Deferred income tax liabilities 4,438 0
Other long-term liabilities 11,485 15,286
Total liabilities 189,509 157,257
Commitments and contingencies (Note 14)
Stockholders' Equity:    
Preferred Stock, $0.01 par value; 20,000,000 shares authorized, no shares issued or outstanding at December 23, 2022 and March 25, 2022 0 0
Common stock, $0.01 par value; 1,000,000,000 shares authorized, 191,435,869 shares issued and outstanding at December 23, 2022; 1,000,000,000 shares authorized, 190,473,595 issued and outstanding at March 25, 2022 1,914 1,905
Additional paid-in capital 667,908 627,792
Retained earnings 248,338 122,958
Accumulated other comprehensive loss (24,781) (18,448)
Equity attributable to Allegro MicroSystems, Inc. 893,379 734,207
Non-controlling interests 1,177 1,156
Total stockholders’ equity 894,556 735,363
Total liabilities, non-controlling interest and stockholders’ equity $ 1,084,065 $ 892,620