Acquisitions of Chariot Eagle and Fairmont (Notes)

12 Months Ended

Apr. 02, 2016

Business Acquisition, Pro Forma Information [Table Text Block]

Acquisitions of Chariot Eagle and Fairmont Homes

On March 30, 2015, the Company purchased certain manufactured housing assets and liabilities of Chariot Eagle, which produces park model RVs and manufactured homes distributed in the southeastern United States. On May 1, 2015, the Company purchased certain manufactured housing assets and liabilities of Fairmont Homes, a premier builder of manufactured and modular homes and park model RVs serving the Midwest, western Great Plains states, the Northeast and several provinces in Canada. These acquisitions were accounted for as business combinations and the results of operations have been included since the date of acquisition.

Chariot Eagle and Fairmont Homes contributed net revenue of $88.3 million and net income of $1.9 million to our consolidated financial statements for the fiscal year ended April 2, 2016.

Pro Forma Impact of Acquisition (unaudited). The following table presents supplemental pro forma information as if the acquisition of Fairmont Homes had occurred on March 30, 2014 (in thousands, except per share data):



	Unaudited Pro Forma Consolidated Results
	Year Ended
	April 2, 2016		March 28, 2015
Net revenue	$	721,676	$	672,178
Net income	29,924		25,716
Diluted net income per share	3.31		2.85