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Commitments and Contingencies (Tables) | 3 Months Ended
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Jul. 03, 2021
Repurchase Contingencies [Roll Forward] |
Loan Contracts with Off-Balance Sheet Commitments | Construction-Period Mortgages. We fund construction-period mortgages through periodic advances during home construction. At the time of initial funding, we commit to fully fund the loan contract in accordance with a predetermined schedule. The total loan contract amount, less cumulative advances, represents an off-balance sheet contingent commitment to fund future advances. Loan contracts with off-balance sheet commitments are summarized below (in thousands):
| July 3, 2021 |  | April 3, 2021
Construction loan contract amount | $ | 28,204 |  |  | $ | 37,628 |
Cumulative advances | (10,479) |  |  | (13,801) |
| $ | 17,725 |  |  | $ | 23,827 |

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- Definition Repurchase Contingencies [Roll Forward] + References No definition available. + Details
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- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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