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Stockholders' Equity
9 Months Ended
Dec. 28, 2013
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
Stockholders’ Equity
The following table represents changes in stockholders’ equity attributable to Cavco’s stockholders and redeemable non-controlling interest for the nine months ended December 28, 2013 (dollars in thousands):
 
Equity Attributable to Cavco Stockholders
 
 
 
 
 
 
 
 
Additional paid-in capital
 
Retained earnings
 
Accumulated other comprehensive income
 
Total
 
 
Redeemable noncontrolling interest
 
Common Stock
 
 
 
 
 
 
 
Shares
 
Amount
 
 
 
 
 
 
Balance, March 30, 2013
6,967,954

 
$
70

 
$
135,053

 
$
41,590

 
$
177

 
$
176,890

 
 
$
91,994

Stock option exercises
4,500

 

 
162

 

 

 
162

 
 

Share-based compensation

 

 
2,163

 

 

 
2,163

 
 

Net income

 

 

 
12,028

 

 
12,028

 
 
2,468

Other comprehensive loss (1)

 

 

 

 
(114
)
 
(114
)
 
 
(76
)
Acquisition of noncontrolling interest
1,867,370

 
18

 
94,267

 

 
101

 
94,386

 
 
(94,386
)
Balance, December 28, 2013
8,839,824

 
$
88

 
$
231,645

 
$
53,618

 
$
164

 
$
285,515

 
 
$

(1)
Other comprehensive income is comprised of unrealized gains and losses on available-for-sale investments. Unrealized losses before tax on available-for-sale investments was $292,000 for the nine months ended December 28, 2013.