XML 26 R16.htm IDEA: XBRL DOCUMENT v3.8.0.1
Warranties
 6 Months Ended
Sep. 30, 2017
Product Warranties Disclosures [Abstract]  
Extended Product Warranty, Policy [Policy Text Block]
Homes are generally warranted against manufacturing defects for a period of one year commencing at the time of sale to the retail customer. Estimated costs relating to home warranties are recorded at the date of sale. The Company has recorded a liability for estimated future warranty costs relating to homes sold based upon management's assessment of historical experience factors, an estimate of the amount of homes in the distribution channel and current industry trends.
Warranties
Warranties
Homes are generally warranted against manufacturing defects for a period of one year commencing at the time of sale to the retail customer. Estimated costs relating to home warranties are recorded at the date of sale. The Company has recorded a liability for estimated future warranty costs relating to homes sold based upon management's assessment of historical experience factors, an estimate of the amount of homes in the distribution channel and current industry trends. Activity in the liability for estimated warranties was as follows (in thousands):
 
Three Months Ended
 
Six Months Ended
 
September 30,
2017
 
October 1,
2016
 
September 30,
2017
 
October 1,
2016
Balance at beginning of period
$
16,316

 
$
13,718

 
$
15,479

 
$
13,371

Purchase accounting additions
—

 
—

 
838

 
—

Charged to costs and expenses
7,399

 
6,144

 
12,622

 
12,280

Payments and deductions
(7,245
)
 
(5,816
)
 
(12,469
)
 
(11,605
)
Balance at end of period
$
16,470

 
$
14,046

 
$
16,470

 
$
14,046