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Earnings Per Share (Tables)
9 Months Ended
Dec. 29, 2012
Earnings Per Share [Abstract]  
Earnings Per Share Computation

The following table sets forth the computation of basic and diluted earnings per share (dollars in thousands, except per share amounts):

 

                                 
    Three Months Ended     Nine Months Ended  
    December 29,     December 31,     December 29,     December 31,  
    2012     2011     2012     2011  

Net income attributable to Cavco common stockholders

  $ 1,457     $ 1,677     $ 3,571     $ 13,584  
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares outstanding:

                               

Basic

    6,967,954       6,890,517       6,953,037       6,873,078  

Common stock equivalents—treasury stock method

    69,379       61,441       65,243       62,976  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

    7,037,333       6,951,958       7,018,280       6,936,054  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net income per share attributable to Cavco common stockholders:

                               

Basic

  $ 0.21     $ 0.24     $ 0.51     $ 1.98  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

  $ 0.21     $ 0.24     $ 0.51     $ 1.96