Earnings Per Share

9 Months Ended

Jan. 01, 2022

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


	Three Months Ended				Nine Months Ended
	January 1, 2022		December 26, 2020		January 1, 2022		December 26, 2020
Net income attributable to Cavco common stockholders	$	79,419	$	19,701	$	144,075	$	51,424
Weighted average shares outstanding
Basic	9,174,224		9,190,254		9,187,828		9,182,491
Effect of dilutive securities	96,214		105,299		83,027		102,747
Diluted	9,270,438		9,295,553		9,270,855		9,285,238
Net income per share attributable to Cavco common stockholders
Basic	$	8.66	$	2.14	$	15.68	$	5.60
Diluted	$	8.57	$	2.12	$	15.54	$	5.54

Anti-dilutive common stock equivalents excluded from the computation of diluted earnings per share for the three months ended January 1, 2022 and December 26, 2020 were 1,640 and 26,601, respectively. Anti-dilutive common stock equivalents excluded from the computation of diluted earnings per share for the nine months ended January 1, 2022 and December 26, 2020 were 2,449 and 26,357