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Acquisition of Destiny Homes | 9 Months Ended
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Dec. 26, 2020
Business Combinations [Abstract] |
Acquisition of Destiny Homes | Acquisition of Destiny HomesOn August 2, 2019, the Company purchased certain manufactured housing assets and assumed certain liabilities of Destiny Homes, which operates one manufacturing facility located in Moultrie, Georgia and produces and distributes manufactured and modular homes through a network of independent retailers in the Southeastern United States, further expanding our reach. We finalized the purchase price allocation and have not made any purchase accounting adjustments during fiscal year 2021. Pro Forma Impact of Acquisition. The following table presents supplemental pro forma information as if the acquisition of Destiny Homes had occurred on March 31, 2019 (in thousands, except per share data):
| Three Months Ended |  | Nine Months Ended
| December 26, 2020 |  | December 28, 2019 |  | December 26, 2020 |  | December 28, 2019
Net revenue | $ | 288,772 |  |  | $ | 273,722 |  |  | $ | 801,549 |  |  | $ | 817,674 |
Net income | 19,701 |  |  | 20,898 |  |  | 51,424 |  |  | 63,868 |
Diluted net income per share | 2.12 |  |  | 2.25 |  |  | 5.54 |  |  | 6.90 |

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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI http://asc.fasb.org/topic&trid=2303972 + Details
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- References No definition available. + Details
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