XML 91 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Mar. 29, 2014
Mar. 30, 2013
Mar. 31, 2012
Income Statement [Abstract]      
Net revenue $ 533,339 $ 452,300 $ 443,066
Cost of sales 413,856 351,945 347,121
Gross profit 119,483 100,355 95,945
Selling, general and administrative expenses 87,938 79,313 79,800
Income from operations 31,545 21,042 16,145
Interest expense (4,845) (5,973) (7,265)
Other income 1,105 1,579 1,338
Gain on bargain purchase 0 0 22,009
Income before income taxes 27,805 16,648 32,227
Income tax expense (9,099) (6,351) (2,499)
Net income 18,706 10,297 29,728
Less: net income attributable to redeemable noncontrolling interest 2,468 5,334 14,491
Net income attributable to Cavco common stockholders 16,238 4,963 15,237
Comprehensive income:      
Net income 18,706 10,297 29,728
Unrealized gain on available-for-sale securities, net of tax 82 238 116
Comprehensive income 18,788 10,535 29,844
Comprehensive income attributable to redeemable noncontrolling interest 2,392 5,453 14,549
Comprehensive income attributable to Cavco common stockholders $ 16,396 $ 5,082 $ 15,295
Net income per share attributable to Cavco common stockholders:      
Basic (usd per share) $ 1.97 $ 0.71 $ 2.22
Diluted (usd per share) $ 1.94 $ 0.71 $ 2.19
Weighted average shares outstanding:      
Basic (in shares) 8,262,688 6,956,706 6,877,437
Diluted (in shares) 8,379,024 7,027,204 6,949,077