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v3.23.1

Business Segment Information (Tables) | 12 Months Ended
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Apr. 01, 2023
Segment Reporting [Abstract] |
Business Segment Information | The following tables provide selected financial data by segment (dollars in thousands):
| Fiscal Year Ended
| April 1, 2023 |  | April 2, 2022 |  | April 3, 2021
Net revenue: |  |  |  |  |
Factory-built housing | $ | 2,069,450 |  |  | $ | 1,556,283 |  |  | $ | 1,037,889 |
Financial services | 73,263 |  |  | 70,875 |  |  | 70,162 |
| $ | 2,142,713 |  |  | $ | 1,627,158 |  |  | $ | 1,108,051 |
Net revenue for financial services consists of: |  |  |  |  |
Finance | $ | 21,952 |  |  | $ | 23,004 |  |  | $ | 24,195 |
Insurance | 51,311 |  |  | 47,871 |  |  | 45,967 |
| $ | 73,263 |  |  | $ | 70,875 |  |  | $ | 70,162 |
Income before income taxes: |  |  |  |  |
Factory-built housing | $ | 296,415 |  |  | $ | 197,282 |  |  | $ | 78,937 |
Financial services | 10,348 |  |  | 14,707 |  |  | 17,975 |
| $ | 306,763 |  |  | $ | 211,989 |  |  | $ | 96,912 |
Depreciation: |  |  |  |  |
Factory-built housing | $ | 14,651 |  |  | $ | 9,451 |  |  | $ | 5,450 |
Financial services | 182 |  |  | 182 |  |  | 127 |
| $ | 14,833 |  |  | $ | 9,633 |  |  | $ | 5,577 |
Amortization: |  |  |  |  |
Factory-built housing | $ | 2,038 |  |  | $ | 1,270 |  |  | $ | 560 |
Financial services | 32 |  |  | 114 |  |  | 187 |
| $ | 2,070 |  |  | $ | 1,384 |  |  | $ | 747 |
Income tax expense: |  |  |  |  |
Factory-built housing | $ | 63,433 |  |  | $ | 10,853 |  |  | $ | 16,204 |
Financial services | 2,489 |  |  | 3,394 |  |  | 4,062 |
| $ | 65,922 |  |  | $ | 14,247 |  |  | $ | 20,266 |
Capital expenditures: |  |  |  |  |
Factory-built housing | $ | 44,085 |  |  | $ | 18,574 |  |  | $ | 25,465 |
Financial services | 21 |  |  | 79 |  |  | 72 |
| $ | 44,106 |  |  | $ | 18,653 |  |  | $ | 25,537 |
| April 1, 2023 |  | April 2, 2022
Total assets: |  |  |
Factory-built housing | $ | 1,107,555 |  |  | $ | 929,535 |
Financial services | 200,420 |  |  | 225,437 |
| $ | 1,307,975 |  |  | $ | 1,154,972 |
| April 1, 2023 |  | April 2, 2022 |  | April 3, 2021
Gross margin %: |  |  |  |  |
Consolidated | 25.9 | % |  | 25.1 | % |  | 21.6 | %
Factory-built housing | 25.3 | % |  | 23.9 | % |  | 19.2 | %
Financial services | 42.9 | % |  | 51.5 | % |  | 56.1 | %

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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