XML 54 R44.htm IDEA: XBRL DOCUMENT
v3.21.2

Fair Value Measurements (Tables) | 3 Months Ended
--- | ---
Jul. 03, 2021
Fair Value Disclosures [Abstract] |
Summary of the Fair Value and Carrying Value of Financial Instruments | The book value and estimated fair value of our financial instruments were as follows (in thousands):
| July 3, 2021 |  | April 3, 2021
| Book Value |  | Estimated Fair Value |  | Book Value |  | Estimated Fair Value
Available-for-sale debt securities | $ | 17,962 |  |  | $ | 17,962 |  |  | $ | 14,946 |  |  | $ | 14,946 |
Marketable equity securities | 17,550 |  |  | 17,550 |  |  | 17,600 |  |  | 17,600 |
Non-marketable equity investments | 22,429 |  |  | 22,429 |  |  | 21,960 |  |  | 21,960 |
Consumer loans receivable | 67,524 |  |  | 76,466 |  |  | 74,798 |  |  | 86,209 |
Commercial loans receivable | 44,588 |  |  | 42,586 |  |  | 44,314 |  |  | 42,379 |
Secured financings other | (11,749) |  |  | (11,810) |  |  | (12,186) |  |  | (12,340) |
Assumptions for Mortgage Servicing Rights |
| July 3, 2021 |  | April 3, 2021
Number of loans serviced with MSRs | 4,614 |  |  | 4,647 |
Weighted average servicing fee (basis points) | 33.86 |  |  | 33.57 |
Capitalized servicing multiple | 67.3 | % |  | 45.9 | %
Capitalized servicing rate (basis points) | 22.78 |  |  | 15.42 |
Serviced portfolio with MSRs (in thousands) | $ | 594,373 |  |  | $ | 593,939 |
MSRs (in thousands) | $ | 1,354 |  |  | $ | 916 |

X
- Definition Fair Value Assumptions for Servicing Assets [Table Text Block] + References No definition available. + Details
Name: | cvco_FairValueAssumptionsForServicingAssetsTableTextBlock
Namespace Prefix: | cvco_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=123594938&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration