XML 12 R3.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Income Statement [Abstract]    
Net revenue $ 475,875 $ 588,338
Cost of sales 357,996 443,614
Gross profit 117,879 144,724
Selling, general and administrative expenses 61,680 66,136
Income from operations 56,199 78,588
Interest income 4,618 1,314
Interest expense (266) (161)
Other income (expense), net 126 (431)
Income before income taxes 60,677 79,310
Income tax expense (14,266) (19,616)
Net income 46,411 59,694
Less: net income attributable to redeemable noncontrolling interest 54 92
Net income attributable to Cavco common stockholders 46,357 59,602
Comprehensive income:    
Net income 46,411 59,694
Reclassification adjustment for securities sold 3 0
Applicable income taxes (1) 0
Net change in unrealized position of investments held (56) (142)
Applicable income taxes 12 30
Comprehensive income 46,369 59,582
Less: comprehensive income attributable to redeemable noncontrolling interest 54 92
Comprehensive income attributable to Cavco common stockholders $ 46,315 $ 59,490
Net income per share attributable to Cavco common stockholders:    
Basic (usd per share) $ 5.35 $ 6.68
Diluted (usd per share) $ 5.29 $ 6.63
Weighted average shares outstanding:    
Basic 8,670,434 8,918,280
Diluted 8,758,080 8,988,929