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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2010
OPERATING ACTIVITIES      
Net income (loss) $ 29,728 $ 4,072 $ (3,793)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 5,556 1,357 1,204
Provision for credit losses 98 129  
Deferred income taxes (2,488) (960) 1,442
Share-based compensation expense 916 671 372
Non-cash interest income (2,294) (996)  
Non-cash interest expense 700 119  
Tax benefits from option exercises     315
Incremental tax benefits from option exercises     (275)
Gain on sale of property, plant and equipment including assets held for sale (117) (92) (10)
Impairment of property, plant and equipment   327 288
Gain on bargain purchase (22,009)    
Gain on sale of loans (5,871)    
Gain on sale of investments (7)    
Changes in operating assets and liabilities:      
Restricted cash (424) (209) 17
Accounts receivable (5,217) 2,857 (1,097)
Consumer loans receivable originated (78,212)    
Principal payments on consumer loans receivable 12,511    
Proceeds from sales of consumer loans 81,240    
Inventories 1,019 (285) 1,388
Prepaid expenses and other current assets (2,971) 3,783 (2,594)
Inventory finance notes receivable (6,968) (4,959) (12,445)
Accounts payable and accrued liabilities 11,240 (2,673) 5,637
Net cash provided by (used in) operating activities 16,430 3,141 (9,551)
INVESTING ACTIVITIES      
Purchases of property, plant and equipment (2,427) (959) (391)
Proceeds from sales of property, plant and equipment including assets held for sale 5,312 1,016 13
Purchase of Fleetwood Homes assets and certain liabilities     (25,799)
Purchase of Palm Harbor assets and certain liabilities, net of cash acquired (67,639)    
Purchases of investments (3,484)   (1,488)
Proceeds from sales of investments 6,101   5,952
Investment in debtor-in-possession note receivable (6,238) (39,064)  
Proceeds from payoff of debtor-in-possession note receivable 45,301    
Net cash used in investing activities (23,074) (39,007) (21,713)
FINANCING ACTIVITIES      
Proceeds from exercise of stock options 1,463 1,391 420
Net proceeds from construction lending line 576    
Proceeds from issuance of note payable   36,000  
Payments on Virgo debt (19,456)    
Payments on securitized financings (11,358)    
Proceeds from issuance of Fleetwood Homes, Inc. stock     35,000
Incremental tax benefits from option exercises     275
Net cash (used in) provided by financing activities (28,775) 37,391 35,695
Net (decrease) increase in cash and cash equivalents (35,419) 1,525 4,431
Cash and cash equivalents at beginning of year 76,513 74,988 70,557
Cash and cash equivalents at end of year 41,094 76,513 74,988
Supplemental disclosures of cash flow information:      
Cash paid during the year for income taxes 3,751 1,589 18
Cash paid during the year for interest $ 6,873