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Stockholders' Equity
3 Months Ended
Jun. 30, 2012
Stockholders' Equity [Abstract]  
Stockholders' Equity

15. Stockholders’ Equity

The following table represents changes in stockholders’ equity attributable to Cavco’s stockholders and redeemable non-controlling interest for the three months ended June 30, 2012 (dollars in thousands):

 

                                                         
    Equity Attributable to Cavco Stockholders        
                Additional           Accumulated Other           Redeemable  
    Common Stock     Paid-in     Retained     Comprehensive           Noncontrolling  
    Shares     Amount     Capital     Earnings     Income     Total     Interest  

Balance, March 31, 2012

    6,890,796     $ 69     $ 131,589     $ 36,627     $ 58     $ 168,343     $ 86,541  

Stock option exercises

    75,658       1       2,160       —         —         2,161       —    

Share-based compensation

    —         —         270       —         —         270       —    

Net income

    —         —         —         860       —         860       758  

Other comprehensive loss (1)

    —         —         —         —         (13     (13     (13
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance, June 30, 2012

    6,966,454     $ 70     $ 134,019     $ 37,487     $ 45     $ 171,621     $ 87,286  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) Other comprehensive income is comprised of unrealized gains and losses on available-for-sale investments. Pre-tax unrealized loss on available-for-sale investments was $40,000 for the three months ended June 30, 2012.