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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Sep. 30, 2023
Oct. 01, 2022
Income Statement [Abstract]        
Net revenue $ 452,030 $ 577,392 $ 927,905 $ 1,165,730
Cost of sales 345,073 419,793 703,069 863,407
Gross profit 106,957 157,599 224,836 302,323
Selling, general and administrative expenses 61,506 66,894 123,186 133,030
Income from operations 45,451 90,705 101,650 169,293
Interest income 5,812 1,851 10,430 3,165
Interest expense (257) (233) (523) (394)
Other income, net 655 488 781 57
Income before income taxes 51,661 92,811 112,338 172,121
Income tax expense (10,088) (18,613) (24,354) (38,229)
Net income 41,573 74,198 87,984 133,892
Less: net income attributable to redeemable noncontrolling interest 34 82 88 174
Net income attributable to Cavco common stockholders 41,539 74,116 87,896 133,718
Comprehensive income:        
Net income 41,573 74,198 87,984 133,892
Reclassification adjustment for securities sold 3 (6) 6 (6)
Applicable income taxes 0 1 (1) 1
Net change in unrealized position of investments held 65 (377) 9 (519)
Applicable income taxes (14) 79 (2) 109
Comprehensive income 41,627 73,895 87,996 133,477
Less: comprehensive income attributable to redeemable noncontrolling interest 34 82 88 174
Comprehensive income attributable to Cavco common stockholders $ 41,593 $ 73,813 $ 87,908 $ 133,303
Net income per share attributable to Cavco common stockholders:        
Basic (usd per share) $ 4.80 $ 8.32 $ 10.15 $ 15.01
Diluted (usd per share) $ 4.76 $ 8.25 $ 10.05 $ 14.88
Weighted average shares outstanding:        
Basic 8,656,537 8,903,703 8,663,430 8,910,933
Diluted 8,731,419 8,978,997 8,742,734 8,983,425