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Other Comprehensive Income
12 Months Ended
Mar. 31, 2012
Other Comprehensive Income [Abstract]  
Other Comprehensive Income

15. Other Comprehensive Income

The difference between net income and total comprehensive income is as follows (in thousands):

 

                         
    Year Ended March 31,  
    2012     2011     2010  

Net income (loss)

  $ 29,728     $ 4,072     $ (3,793

Unrealized gain on available-for-sale investments, net of tax of $60 (1)

    116       —         —    
   

 

 

   

 

 

   

 

 

 

Total comprehensive income (loss)

    29,844       4,072       (3,793

Less: total comprehensive income (loss) attributable to redeemable noncontrolling interest

    14,549       1,241       (422
   

 

 

   

 

 

   

 

 

 

Total comprehensive income (loss) attributable to Cavco common stockholders

  $ 15,295     $ 2,831     $ (3,371
   

 

 

   

 

 

   

 

 

 

 

  (1) Pre-tax unrealized gain on available-for-sale investments for the year ended March 31, 2012 was $176,000.

 

Fifty-percent of the unrealized gain on available-for-sale investments, net of tax, or $58,000, is attributable to the redeemable noncontrolling interest, while the remaining fifty-percent, or $58,000, is attributable to Cavco stockholders, consistent with Cavco’s ownership of Fleetwood Homes.