Business Segment Information

12 Months Ended

Mar. 31, 2012

Business Segment Information [Abstract]

Business Segment Information

25. Business Segment Information

The Company operates principally in two segments: (1) factory-built housing, which includes manufactured housing, modular housing and retail operations and (2) financial services, which includes finance and insurance. The following table details net sales and income before income taxes by segment (in thousands):

	Year Ended March 31,
	2012			2011			2010
Net sales:
Factory-built housing	$	406,833		$	171,827		$	115,612
Financial services		36,233			—			—
	$	443,066		$	171,827		$	115,612
Net sales for financial services consists of:
Consumer finance	$	22,194		$	—		$	—
Insurance		14,039			—			—
	$	36,233		$	—		$	—
Income before income taxes:
Factory-built housing	$	8,809		$	9,425		$	(2,262	)
Financial services		8,340			—			—
General corporate charges		(6,931	)		(4,464	)		(3,537	)
Gain on bargain purchase		22,009			—			—
	$	32,227		$	4,961		$	(5,799	)
Depreciation:
Factory-built housing	$	2,199		$	1,264		$	1,124
Financial services		85			—			—
General corporate		34			40			46
	$	2,318		$	1,304		$	1,170
Amortization:
Factory-built housing	$	1,085		$	53		$	34
Financial services		2,153			—			—
	$	3,238		$	53		$	34
Income tax expense (benefit):
Factory-built housing	$	525		$	889		$	(2,006	)
Financial services		1,974			—			—
	$	2,499		$	889		$	(2,006	)
Capital expenditures:
Factory-built housing	$	2,381		$	940		$	391
Financial services		39			—			—
General corporate		7			19			—
	$	2,427		$	959		$	391

	As of March 31,
	2012		2011
Total assets:
Factory-built housing	$	246,833	$	193,143
Financial services		166,555		—
Corporate		23,946		76,576
	$	437,334	$	269,719