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Consumer Loans Receivable (Tables) | 3 Months Ended
--- | ---
Jul. 02, 2016 | Apr. 02, 2016
Receivables [Abstract] |  |
Consumer Loans Receivable | The following table summarizes consumer loans receivable (in thousands):
| July 2, 2016 |  | April 2, 2016
Loans held for investment (acquired on Palm Harbor Acquisition Date) | $ | 66,968 |  |  | $ | 68,951 |
Loans held for investment (originated after Palm Harbor Acquisition Date) | 6,236 |  |  | 6,120 |
Loans held for sale | 10,388 |  |  | 8,765 |
Construction advances | 5,685 |  |  | 6,566 |
Consumer loans receivable | 89,277 |  |  | 90,402 |
Deferred financing fees and other, net | (843 | ) |  | (844 | )
Consumer loans receivable, net | $ | 88,434 |  |  | $ | 89,558 |
Acquired Consumer Loans Receivable Held for Investment |
| July 2, 2016 |  | April 2, 2016
| (in thousands)
Consumer loans receivable held for investment – contractual amount | $ | 161,570 |  |  | $ | 166,793 |
Purchase discount |  |  |
Accretable | (66,284 | ) |  | (69,053 | )
Non-accretable | (27,987 | ) |  | (28,536 | )
Less consumer loans receivable reclassified as other assets | (331 | ) |  | (253 | )
Total acquired consumer loans receivable held for investment, net | $ | 66,968 |  |  | $ | 68,951 |
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
| July 2, 2016 |  | June 27, 2015
Balance at the beginning of the period | $ | 69,053 |  |  | $ | 73,202 |
Accretion | (2,515 | ) |  | (2,751 | )
Reclassifications from non-accretable discount | (254 | ) |  | (190 | )
Balance at the end of the period | $ | 66,284 |  |  | $ | 70,261 |
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score | The following table disaggregates CountryPlace's gross consumer loans receivable for each class by portfolio segment and credit quality indicator as of the time of origination (in thousands):
July 2, 2016
| Consumer Loans Held for Investment |  |  |  |  |  |
| Securitized 2005 |  | Securitized 2007 |  | Unsecuritized |  | Construction Advances |  | Consumer Loans Held For Sale |  | Total
Asset Class |  |  |  |  |  |  |  |  |  |  |
Credit Quality Indicator (FICO® score) |  |  |  |  |  |  |  |
Chattel loans |  |  |  |  |  |  |  |  |  |  |
0-619 | $ | 758 |  |  | $ | 515 |  |  | $ | 324 |  |  | $ | — |  |  | $ | 42 |  |  | $ | 1,639 |
620-719 | 12,844 |  |  | 8,811 |  |  | 3,795 |  |  | — |  |  | 46 |  |  | 25,496 |
720+ | 14,135 |  |  | 9,055 |  |  | 2,304 |  |  | — |  |  | 754 |  |  | 26,248 |
Other | 54 |  |  | — |  |  | 443 |  |  | — |  |  | — |  |  | 497 |
Subtotal | 27,791 |  |  | 18,381 |  |  | 6,866 |  |  | — |  |  | 842 |  |  | 53,880 |
Conforming mortgages |  |  |  |  |  |  |  |  |  |
0-619 | — |  |  | — |  |  | 163 |  |  | 135 |  |  | 294 |  |  | 592 |
620-719 | — |  |  | — |  |  | 1,530 |  |  | 3,781 |  |  | 6,438 |  |  | 11,749 |
720+ | — |  |  | — |  |  | 193 |  |  | 1,769 |  |  | 2,814 |  |  | 4,776 |
Subtotal | — |  |  | — |  |  | 1,886 |  |  | 5,685 |  |  | 9,546 |  |  | 17,117 |
Non-conforming mortgages |  |  |  |  |  |  |  |  |  |
0-619 | 87 |  |  | 578 |  |  | 1,373 |  |  | — |  |  | — |  |  | 2,038 |
620-719 | 1,350 |  |  | 5,242 |  |  | 3,635 |  |  | — |  |  | — |  |  | 10,227 |
720+ | 1,633 |  |  | 3,348 |  |  | 714 |  |  | — |  |  | — |  |  | 5,695 |
Other | — |  |  | — |  |  | 307 |  |  | — |  |  | — |  |  | 307 |
Subtotal | 3,070 |  |  | 9,168 |  |  | 6,029 |  |  | — |  |  | — |  |  | 18,267 |
Other loans |  |  |  |  |  |  |  |  |  |
Subtotal | — |  |  | — |  |  | 13 |  |  | — |  |  | — |  |  | 13 |
| $ | 30,861 |  |  | $ | 27,549 |  |  | $ | 14,794 |  |  | $ | 5,685 |  |  | $ | 10,388 |  |  | $ | 89,277 |
| April 2, 2016
| Consumer Loans Held for Investment |  |  |  |  |  |
| Securitized 2005 |  | Securitized 2007 |  | Unsecuritized |  | Construction Advances |  | Consumer Loans Held For Sale |  | Total
Asset Class |  |  |  |  |  |  |  |  |  |  |
Credit Quality Indicator (FICO® score) |  |  |  |  |  |  |  |
Chattel loans |  |  |  |  |  |  |  |  |  |  |
0-619 | $ | 776 |  |  | $ | 543 |  |  | $ | 336 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,655 |
620-719 | 13,139 |  |  | 9,100 |  |  | 3,683 |  |  | — |  |  | 96 |  |  | 26,018 |
720+ | 14,751 |  |  | 9,409 |  |  | 2,324 |  |  | — |  |  | 215 |  |  | 26,699 |
Other | 55 |  |  | — |  |  | 447 |  |  | — |  |  | — |  |  | 502 |
Subtotal | 28,721 |  |  | 19,052 |  |  | 6,790 |  |  | — |  |  | 311 |  |  | 54,874 |
Conforming mortgages |  |  |  |  |  |  |  |  |  |
0-619 | — |  |  | — |  |  | 164 |  |  | 95 |  |  | 171 |  |  | 430 |
620-719 | — |  |  | — |  |  | 1,428 |  |  | 3,355 |  |  | 5,847 |  |  | 10,630 |
720+ | — |  |  | — |  |  | 320 |  |  | 3,116 |  |  | 2,436 |  |  | 5,872 |
Subtotal | — |  |  | — |  |  | 1,912 |  |  | 6,566 |  |  | 8,454 |  |  | 16,932 |
Non-conforming mortgages |  |  |  |  |  |  |  |  |  |
0-619 | 88 |  |  | 585 |  |  | 1,392 |  |  | — |  |  | — |  |  | 2,065 |
620-719 | 1,365 |  |  | 5,290 |  |  | 3,664 |  |  | — |  |  | — |  |  | 10,319 |
720+ | 1,684 |  |  | 3,382 |  |  | 826 |  |  | — |  |  | — |  |  | 5,892 |
Other | — |  |  | — |  |  | 307 |  |  | — |  |  | — |  |  | 307 |
Subtotal | 3,137 |  |  | 9,257 |  |  | 6,189 |  |  | — |  |  | — |  |  | 18,583 |
Other loans |  |  |  |  |  |  |  |  |  |  |
Subtotal | — |  |  | — |  |  | 13 |  |  | — |  |  | — |  |  | 13 |
| $ | 31,858 |  |  | $ | 28,309 |  |  | $ | 14,904 |  |  | $ | 6,566 |  |  | $ | 8,765 |  |  | $ | 90,402 |

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- Definition Tabular disclosure of the reconciliation of contractual cash flows to the carrying amount relating to certain loans acquired in a transfer. + References No definition available. + Details
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