XML 60 R35.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Debt Obligations (Tables) | 3 Months Ended
--- | ---
Jun. 28, 2014
Debt Disclosure [Abstract] |
Debt Obligations | Debt obligations consist of amounts related to loans sold that did not qualify for loan sale accounting treatment. The following table summarizes debt obligations (in thousands):
| June 28, 2014 |  | March 29, 2014
Acquired securitized financings |  |  |
Securitized financing 2005-1 | $ | 31,849 |  |  | $ | 33,291 |
Securitized financing 2007-1 | 35,563 |  |  | 36,761 |
Other secured financings | 1,518 |  |  | — |
Total securitized financings and other, net | $ | 68,930 |  |  | $ | 70,052 |
Acquired Securitized Financings | The following table summarizes acquired securitized financings (in thousands):
| June 28, 2014 |  | March 29, 2014
Securitized financings – contractual amount | $ | 81,680 |  |  | $ | 85,251 |
Purchase discount |  |  |
Accretable | (14,268 | ) |  | (15,199 | )
Non-accretable (1) | — |  |  | — |
Total acquired securitized financings, net | $ | 67,412 |  |  | $ | 70,052 |
(1) There is no non-accretable purchase discount, as the contractual payments on acquired securitized financing are determined by the cash collections from the underlying loans.
Accretable Yield Movement on Acquired Securitized Financings | The changes in accretable yield on securitized financings were as follows (in thousands):
| Three Months Ended
| June 28, 2014 |  | June 29, 2013
Balance at the beginning of the period | $ | 15,199 |  |  | $ | 19,916 |
Accretion | (1,061 | ) |  | (1,150 | )
Adjustment to cash flows | 130 |  |  | 113 |
Balance at the end of the period | $ | 14,268 |  |  | $ | 18,879 |

X
- Definition Accretable yield movement on acquired securitized financings. + References No definition available. + Details
Name: | cvco_AccretableYieldMovementOnAcquiredSecuritizedFinancingsTableTextBlock
Namespace Prefix: | cvco_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securitized financings, which were acquired in a business combination, including contractual amount, purchase discount consisting of accretable and non-accretable differences. + References No definition available. + Details
Name: | cvco_AcquiredSecuritizedFinancingsTableTextBlock
Namespace Prefix: | cvco_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration