Earnings Per Share

6 Months Ended

Oct. 02, 2021

The following table sets forth the computation of basic and diluted earnings per share (dollars in thousands, except per share amounts):


	Three Months Ended				Six Months Ended
	October 2, 2021		September 26, 2020		October 2, 2021		September 26, 2020
Net income attributable to Cavco common stockholders	$	37,610	$	15,049	$	64,656	$	31,723
Weighted average shares outstanding
Basic	9,190,866		9,182,945		9,194,577		9,178,609
Effect of dilutive securities	82,270		112,464		79,863		101,471
Diluted	9,273,136		9,295,409		9,274,440		9,280,080
Net income per share attributable to Cavco common stockholders
Basic	$	4.09	$	1.64	$	7.03	$	3.46
Diluted	$	4.06	$	1.62	$	6.97	$	3.42

Anti-dilutive common stock equivalents excluded from the computation of diluted earnings per share for the three months ended October 2, 2021 and September 26, 2020 were 2,808 and 20,582, respectively. Anti-dilutive common stock equivalents excluded from the computation of diluted earnings per share for the six months ended October 2, 2021 and September 26, 2020 were 5,417 and 30,182