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Consumer Loans Receivable (Tables) | 3 Months Ended
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Jun. 27, 2015
Receivables [Abstract] |
Consumer Loans Receivable | The following table summarizes consumer loans receivable (in thousands):
| June 27, 2015 |  | March 28, 2015
Loans held for investment (acquired on Palm Harbor Acquisition Date) | $ | 75,833 |  |  | $ | 77,670 |
Loans held for investment (originated after Palm Harbor Acquisition Date) | 5,428 |  |  | 5,005 |
Loans held for sale | 12,020 |  |  | 11,903 |
Construction advances | 5,133 |  |  | 4,076 |
Consumer loans receivable | 98,414 |  |  | 98,654 |
Deferred financing fees and other, net | (667 | ) |  | (496 | )
Consumer loans receivable, net | $ | 97,747 |  |  | $ | 98,158 |
Acquired Consumer Loans Receivable Held for Investment |
| June 27, 2015 |  | March 28, 2015
| (in thousands)
Consumer loans receivable held for investment – contractual amount | $ | 186,532 |  |  | $ | 192,523 |
Purchase discount |  |  |
Accretable | (70,261 | ) |  | (73,202 | )
Non-accretable | (40,308 | ) |  | (41,305 | )
Less consumer loans receivable reclassified as other assets | (130 | ) |  | (346 | )
Total acquired consumer loans receivable held for investment, net | $ | 75,833 |  |  | $ | 77,670 |
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 27, 2015 |  | June 28, 2014
Balance at the beginning of the period | $ | 73,202 |  |  | $ | 77,737 |
Accretion | (2,751 | ) |  | (2,895 | )
Reclassifications from (to) non-accretable discount | (190 | ) |  | (48 | )
Balance at the end of the period | $ | 70,261 |  |  | $ | 74,794 |
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score | The following table disaggregates CountryPlace's gross consumer loans receivable as of June 27, 2015, 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 | $ | 902 |  |  | $ | 580 |  |  | $ | 366 |  |  | $ | — |  |  | $ | 26 |  |  | $ | 1,874 |
620-719 | 14,475 |  |  | 9,898 |  |  | 3,291 |  |  | — |  |  | 287 |  |  | 27,951 |
720+ | 16,455 |  |  | 10,560 |  |  | 2,274 |  |  | — |  |  | 124 |  |  | 29,413 |
Other | 63 |  |  | — |  |  | 461 |  |  | — |  |  | — |  |  | 524 |
Subtotal | 31,895 |  |  | 21,038 |  |  | 6,392 |  |  | — |  |  | 437 |  |  | 59,762 |
Conforming mortgages |  |  |  |  |  |  |  |  |  |
0-619 | — |  |  | — |  |  | 167 |  |  | 84 |  |  | 81 |  |  | 332 |
620-719 | — |  |  | — |  |  | 1,628 |  |  | 3,267 |  |  | 5,738 |  |  | 10,633 |
720+ | — |  |  | — |  |  | 10 |  |  | 1,782 |  |  | 3,008 |  |  | 4,800 |
Other | — |  |  | — |  |  | — |  |  | — |  |  | 2,756 |  |  | 2,756 |
Subtotal | — |  |  | — |  |  | 1,805 |  |  | 5,133 |  |  | 11,583 |  |  | 18,521 |
Non-conforming mortgages |  |  |  |  |  |  |  |  |  |
0-619 | 90 |  |  | 668 |  |  | 1,560 |  |  | — |  |  | — |  |  | 2,318 |
620-719 | 1,457 |  |  | 5,704 |  |  | 3,936 |  |  | — |  |  | — |  |  | 11,097 |
720+ | 1,728 |  |  | 3,689 |  |  | 964 |  |  | — |  |  | — |  |  | 6,381 |
Other | — |  |  | — |  |  | 319 |  |  | — |  |  | — |  |  | 319 |
Subtotal | 3,275 |  |  | 10,061 |  |  | 6,779 |  |  | — |  |  | — |  |  | 20,115 |
Other loans |  |  |  |  |  |  |  |  |  |
Subtotal | — |  |  | — |  |  | 16 |  |  | — |  |  | — |  |  | 16 |
| $ | 35,170 |  |  | $ | 31,099 |  |  | $ | 14,992 |  |  | $ | 5,133 |  |  | $ | 12,020 |  |  | $ | 98,414 |

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