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Revenue from Contracts with Customers (Tables)
9 Months Ended
Dec. 29, 2018
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue [Table Text Block]
Disaggregation of Revenue. The following table summarizes customer contract revenues disaggregated by reportable segment and the source of the revenue for the three and nine months ended December 29, 2018 (in thousands). All revenue from customers is recognized at a point in time, either when the customer takes delivery or when a third-party insurance contract is executed, as more fully discussed above. Other items included in our consolidated revenues are primarily related to financial services, including manufactured housing consumer finance and insurance, which are not within the scope of ASC 606. See Form 10-K for revenue recognition policies related to these items.
 
December 29, 2018
 
Three Months Ended
 
Nine Months Ended
Factory-built housing
 
 
 
     U.S. Housing and Urban Development code homes
$
174,068

 
$
545,071

     Modular homes
25,698

 
72,046

     Park model RVs
10,037

 
27,743

     Other (1)
10,539

 
35,338

       Net revenue from factory-built housing
220,342

 
680,198

Financial services
 
 
 
     Insurance agency commissions received from third-party insurance companies
704

 
1,979

     Other
12,654

 
39,456

       Net revenue from financial services
13,358

 
41,435

Total Net revenue
$
233,700

 
$
721,633

(1)
Other factory-built housing revenue from ancillary products and services including used homes, freight and other services.
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]
Impacts on Consolidated Financial Statements. The impact to our Consolidated Financial Statements as a result of ASC 606 implementation are as follows (in thousands):
 
December 29, 2018
Consolidated Balance Sheet
As Reported
 
Adjustments
 
Balance without ASC 606 Adoption
Accrued liabilities
$
126,228

 
$
2,488

 
$
128,716

Total current liabilities
186,108

 
2,488

 
188,596

Deferred income taxes
7,001

 
(668
)
 
6,333

Retained earnings
260,107

 
(1,820
)
 
258,287

Total stockholders' equity
509,072

 
(1,820
)
 
507,252


 
Three Months Ended December 29, 2018
Consolidated Statement of Comprehensive Income
As Reported
 
Adjustments
 
Balance without ASC 606 Adoption
Net revenue
$
233,700

 
$
(8,149
)
 
$
225,551

Cost of sales
184,679

 
(7,647
)
 
177,032

Gross profit
49,021

 
(502
)
 
48,519

Selling, general and administrative expenses
30,833

 
(28
)
 
30,805

Income from operations
18,188

 
(474
)
 
17,714

Income before income taxes
16,947

 
(474
)
 
16,473

Income tax expense
(3,563
)
 
112

 
(3,451
)
Net income
13,384

 
(362
)
 
13,022


 
Nine Months Ended December 29, 2018
Consolidated Statement of Comprehensive Income
As Reported
 
Adjustments
 
Balance without ASC 606 Adoption
Net revenue
$
721,633

 
$
(30,978
)
 
$
690,655

Cost of sales
571,720

 
(28,727
)
 
542,993

Gross profit
149,913

 
(2,251
)
 
147,662

Selling, general and administrative expenses
90,081

 
(472
)
 
89,609

Income from operations
59,832

 
(1,779
)
 
58,053

Income before income taxes
60,600

 
(1,779
)
 
58,821

Income tax expense
(11,949
)
 
413

 
(11,536
)
Net income
48,651

 
(1,366
)
 
47,285