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Debt Obligations (Tables) | 6 Months Ended
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Oct. 01, 2016
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):
| October 1, 2016 |  | April 2, 2016
Acquired securitized financings (acquired as part of the Palm Harbor transaction) |  |  |
Securitized financing 2005-1 | $ | 25,641 |  |  | $ | 27,481 |
Securitized financing 2007-1 | 27,273 |  |  | 28,859 |
Other secured financings | 5,092 |  |  | 4,831 |
Total securitized financings and other, net | $ | 58,006 |  |  | $ | 61,171 |
Acquired Securitized Financings | The following table summarizes acquired securitized financings (in thousands):
| October 1, 2016 |  | April 2, 2016
Securitized financings – contractual amount | $ | 62,704 |  |  | $ | 68,673 |
Purchase discount |  |  |
Accretable | (9,790 | ) |  | (12,333 | )
Non-accretable (1) | — |  |  | — |
Total acquired securitized financings, net | $ | 52,914 |  |  | $ | 56,340 |
(1) There is no non-accretable difference, 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 |  | Six Months Ended
| October 1, 2016 |  | September 26, 2015 |  | October 1, 2016 |  | September 26, 2015
Balance at the beginning of the period | $ | 11,459 |  |  | $ | 10,741 |  |  | $ | 12,333 |  |  | $ | 12,128 |
Accretion | (938 | ) |  | (741 | ) |  | (1,906 | ) |  | (1,553 | )
Adjustment to cash flows | (731 | ) |  | 3,993 |  |  | (637 | ) |  | 3,418 |
Balance at the end of the period | $ | 9,790 |  |  | $ | 13,993 |  |  | $ | 9,790 |  |  | $ | 13,993 |

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- 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
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- 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
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