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Business Segment Information
12 Months Ended
Mar. 30, 2013
Segment Reporting [Abstract]  
Business Segment Information
Business Segment Information
The Company operates principally in two segments: (1) factory-built housing, which includes wholesale and retail systems-built housing operations and (2) financial services, which includes manufactured housing consumer finance and insurance. The following table details net revenue and income (loss) before income taxes by segment (in thousands):
 
 
Fiscal Year Ended
 
March 30,
2013
 
March 31,
2012
 
March 31,
2011
Net revenue:
 
 
 
 
 
Factory-built housing
$
408,094

 
$
406,833

 
$
171,827

Financial services
44,206

 
36,233

 

 
$
452,300

 
$
443,066

 
$
171,827

Net revenue for financial services consists of:
 
 
 
 
 
Consumer finance
$
23,177

 
$
22,194

 
$

Insurance
21,029

 
14,039

 

 
$
44,206

 
$
36,233

 
$

Income before income taxes:
 
 
 
 
 
Factory-built housing
$
14,335

 
$
8,809

 
$
9,425

Financial services
10,305

 
8,340

 

General corporate charges
(7,992
)
 
(6,931
)
 
(4,464
)
Gain on bargain purchase

 
22,009

 

 
$
16,648

 
$
32,227

 
$
4,961

Depreciation:
 
 
 
 
 
Factory-built housing
$
2,396

 
$
2,199

 
$
1,264

Financial services
60

 
85

 

General corporate
74

 
34

 
40

 
$
2,530

 
$
2,318

 
$
1,304

Amortization:
 
 
 
 
 
Factory-built housing
$
1,178

 
$
1,085

 
$
53

Financial services
302

 
2,153

 

 
$
1,480

 
$
3,238

 
$
53

Income tax expense:
 
 
 
 
 
Factory-built housing
$
2,495

 
$
525

 
$
889

Financial services
3,856

 
1,974

 

 
$
6,351

 
$
2,499

 
$
889

Capital expenditures:
 
 
 
 
 
Factory-built housing
$
510

 
$
2,381

 
$
940

Financial services
104

 
39

 

General corporate
141

 
7

 
19

 
$
755

 
$
2,427

 
$
959

 
 
March 30,
2013
 
March 31,
2012
Total assets:
 
 
 
Factory-built housing
$
239,224

 
$
235,174

Financial services
174,369

 
178,214

Corporate
30,906

 
23,946

 
$
444,499

 
$
437,334