| Reconciliation of Non-GAAP Operating Income | ||||||||||||
| Three-Month Period Ended | ||||||||||||
| June 28, 2024 | March 29, 2024 | June 30, 2023 | ||||||||||
| (Dollars in thousands) | ||||||||||||
| GAAP Operating (Loss) Income | $ | (10,630 | ) | $ | 15,897 | $ | 70,746 | |||||
| GAAP Operating Margin (% of net sales) | (6.4 | )% | 6.6 | % | 25.4 | % | ||||||
| Transaction-related costs | 1,842 | 7,144 | 3,079 | |||||||||
| Impairment of long-lived assets | — | 13,218 | — | |||||||||
| Purchased intangible amortization | 5,410 | 5,501 | 760 | |||||||||
| Restructuring costs | 2,414 | 2,441 | — | |||||||||
| Stock-based compensation | 10,118 | 9,618 | 11,042 | |||||||||
| Other costs (1) | 811 | 3,514 | — | |||||||||
| Total Non-GAAP Adjustments | $ | 20,595 | $ | 41,436 | $ | 14,881 | ||||||
| Non-GAAP Operating Income | $ | 9,965 | $ | 57,333 | $ | 85,627 | ||||||
| Non-GAAP Operating Margin (% of net sales) | 6.0 | % | 23.8 | % | 30.8 | % | ||||||
| (1) Included in non-GAAP other costs are non-recurring charges that are individually immaterial for separate disclosure such as project evaluation costs, which consist of costs incurred in connection with debt and equity financings or other non-recurring transactions. | ||||||||||||
Allegro MicroSystems Reports First Quarter 2025 Results
 |  | More IC News
|
|
RELATED NEWS
Latest Blog Posts
Team ShareCG
by Team ShareCG
Change in payment schedule for Vendors !!!