Stockholders' Equity

6 Months Ended

Sep. 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 noncontrolling interest for the six months ended September 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		77,158		1		2,198		—		—		2,199		—
Share-based compensation		—		—		636		—		—		636		—
Net income		—		—		—		2,114		—		2,114		2,185
Other comprehensive loss (1)		—		—		—		—		31		31		31
Balance, September 30, 2012		6,967,954	$	70	$	134,423	$	38,741	$	89	$	173,323	$	88,757

⁽¹⁾  Other comprehensive income is comprised of unrealized gains and losses on available-for-sale investments. Pre-tax unrealized gain on available-for-sale investments was $92,000 for the six months ended September 30, 2012.