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Consumer Loans Receivable (Tables) | 3 Months Ended
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Jun. 28, 2014
Receivables [Abstract] |
Consumer Loans Receivable | The following table summarizes consumer loans receivable (in thousands):
| June 28, 2014 |  | March 29, 2014
Loans held for investment (acquired as part of the Palm Harbor transaction) | $ | 85,341 |  |  | $ | 87,596 |
Loans held for investment (originated after the Palm Harbor transaction) | 3,376 |  |  | 1,885 |
Loans held for sale | 6,433 |  |  | 6,741 |
Construction advances | 3,523 |  |  | 2,403 |
Consumer loans receivable | 98,673 |  |  | 98,625 |
Deferred financing fees and other, net | (471 | ) |  | (341 | )
Consumer loans receivable, net | $ | 98,202 |  |  | $ | 98,284 |
Acquired Consumer Loans Receivable Held for Investment |
| June 28, 2014 |  | March 29, 2014
| (in thousands)
Consumer loans receivable held for investment – contractual amount | $ | 215,277 |  |  | $ | 223,388 |
Purchase discount |  |  |
Accretable | (74,794 | ) |  | (77,737 | )
Non-accretable | (55,058 | ) |  | (57,672 | )
Less consumer loans receivable reclassified as other assets | (84 | ) |  | (383 | )
Total acquired consumer loans receivable held for investment, net | $ | 85,341 |  |  | $ | 87,596 |
Accretable Yield Movement on Acquired Consumer Loans Receivable | The changes in accretable yield on acquired consumer loans receivable held for investment were as follows (in thousands):
| Three Months Ended
| June 28, 2014 |  | June 29, 2013
Balance at the beginning of the period | $ | 77,737 |  |  | $ | 91,291 |
Accretion | (2,895 | ) |  | (3,116 | )
Reclassifications (to) from non-accretable discount | (48 | ) |  | (1,708 | )
Balance at the end of the period | $ | 74,794 |  |  | $ | 86,467 |
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score | The following table disaggregates gross consumer loans receivable as of June 28, 2014, for each class by portfolio segment and credit quality indicator as of the time of origination (in thousands):
| Consumer Loans Held for Investment |  |  |  |  |  |
| Securitized 2005 |  | Securitized 2007 |  | Unsecuritized |  | Construction Advances |  | Consumer Loans Held For Sale |  | Total
Asset Class |  |  |  |  |  |  |  |  |  |  |
Credit Quality Indicator |  |  |  |  |  |  |  |  |  |
Chattel loans |  |  |  |  |  |  |  |  |  |  |
0-619 | $ | 1,099 |  |  | $ | 627 |  |  | $ | 848 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,574 |
620-719 | 16,532 |  |  | 11,134 |  |  | 1,851 |  |  | — |  |  | — |  |  | 29,517 |
720+ | 18,341 |  |  | 12,059 |  |  | 1,195 |  |  | — |  |  | — |  |  | 31,595 |
Subtotal | 35,972 |  |  | 23,820 |  |  | 3,894 |  |  | — |  |  | — |  |  | 63,686 |
Conforming mortgages |  |  |  |  |  |  |  |  |  |
0-619 | — |  |  | — |  |  | 270 |  |  | — |  |  | — |  |  | 270 |
620-719 | — |  |  | — |  |  | 2,555 |  |  | 2,308 |  |  | 4,073 |  |  | 8,936 |
720+ | — |  |  | — |  |  | 10 |  |  | 1,215 |  |  | 2,360 |  |  | 3,585 |
Subtotal | — |  |  | — |  |  | 2,835 |  |  | 3,523 |  |  | 6,433 |  |  | 12,791 |
Non-conforming mortgages |  |  |  |  |  |  |  |  |  |
0-619 | 93 |  |  | 733 |  |  | 1,948 |  |  | — |  |  | — |  |  | 2,774 |
620-719 | 1,548 |  |  | 6,247 |  |  | 4,060 |  |  | — |  |  | — |  |  | 11,855 |
720+ | 1,891 |  |  | 4,251 |  |  | 1,409 |  |  | — |  |  | — |  |  | 7,551 |
Subtotal | 3,532 |  |  | 11,231 |  |  | 7,417 |  |  | — |  |  | — |  |  | 22,180 |
Other loans |  |  |  |  |  |  |  |  |  |
Subtotal | — |  |  | — |  |  | 16 |  |  | — |  |  | — |  |  | 16 |
| $ | 39,504 |  |  | $ | 35,051 |  |  | $ | 14,162 |  |  | $ | 3,523 |  |  | $ | 6,433 |  |  | $ | 98,673 |

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