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Stockholders' Equity and Redeemable Noncontrolling Interest (Tables) | 6 Months Ended
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Sep. 28, 2024
Stockholders' Equity Note [Abstract] |
Schedule of Stockholders' Equity and Redeemable Noncontrolling Interest | The following tables represent changes in stockholders' equity attributable to Cavco's stockholders and redeemable noncontrolling interest during the six months ended September 28, 2024 and September 30, 2023, respectively (dollars in thousands):
| Equity Attributable to Cavco Stockholders
|  |  |  |  | Treasury stock |  | Additional paid-in capital |  | Retained earnings |  | Accumulated other comprehensive (loss) income |  | Total
| Common Stock |  |  |  |  |
| Shares |  | Amount |  |  |  |  |
Balance, March 30, 2024 | 9,389,953 |  |  | $ | 94 |  |  | $ | (274,693) |  |  | $ | 281,216 |  |  | $ | 1,027,127 |  |  | $ | (333) |  |  | $ | 1,033,411 |
Net income | — |  |  | — |  |  | — |  |  | — |  |  | 34,429 |  |  | — |  |  | 34,429 |
Other comprehensive income, net | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 58 |  |  | 58 |
Net issuance of common stock under stock incentive plans | 11,104 |  |  | — |  |  | — |  |  | (2,348) |  |  | — |  |  | — |  |  | (2,348) |
Stock-based compensation | — |  |  | — |  |  | — |  |  | 2,194 |  |  | — |  |  | — |  |  | 2,194 |
Common stock repurchases |  |  |  |  | (29,204) |  |  |  |  |  |  |  |  | (29,204) |
Balance, June 29, 2024 | 9,401,057 |  |  | $ | 94 |  |  | $ | (303,897) |  |  | $ | 281,062 |  |  | $ | 1,061,556 |  |  | $ | (275) |  |  | $ | 1,038,540 |
Net income | — |  |  | — |  |  | — |  |  | — |  |  | 43,815 |  |  | — |  |  | 43,815 |
Other comprehensive income, net | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 198 |  |  | 198 |
Net issuance of common stock under stock incentive plans | 16,275 |  |  |  |  | — |  |  | 1,220 |  |  | — |  |  | — |  |  | 1,220 |
Stock-based compensation | — |  |  | — |  |  | — |  |  | 2,713 |  |  | — |  |  | — |  |  | 2,713 |
Common stock repurchases | — |  |  | — |  |  | (44,509) |  |  | — |  |  | — |  |  | — |  |  | (44,509) |
Balance, September 28, 2024 | 9,417,332 |  |  | $ | 94 |  |  | $ | (348,406) |  |  | $ | 284,995 |  |  | $ | 1,105,371 |  |  | $ | (77) |  |  | $ | 1,041,977 |
| Equity Attributable to Cavco Stockholders |  |  |  |  |
|  |  |  |  | Treasury stock |  | Additional paid-in capital |  | Retained earnings |  | Accumulated other comprehensive (loss) income |  | Total |  | Redeemable noncontrolling interest |  |  |
| Common Stock |  |  |  |  |  |  |  |
| Shares |  | Amount |  |  |  |  |  |  |  |
Balance, April 1, 2023 | 9,337,125 |  |  | $ | 93 |  |  | $ | (164,452) |  |  | $ | 271,950 |  |  | $ | 869,310 |  |  | $ | (615) |  |  | $ | 976,286 |  |  | $ | 1,219 |  |  |  |
Net income | — |  |  | — |  |  | — |  |  | — |  |  | 46,357 |  |  | — |  |  | 46,357 |  |  | 54 |  |  |  |
Other comprehensive loss, net | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (42) |  |  | (42) |  |  | — |  |  |  |
Net issuance of common stock under stock incentive plans | 10,095 |  |  | — |  |  | — |  |  | (1,213) |  |  | — |  |  | — |  |  | (1,213) |  |  | — |  |  |  |
Stock-based compensation | — |  |  | — |  |  | — |  |  | 1,438 |  |  | — |  |  | — |  |  | 1,438 |  |  | — |  |  |  |
Distributions | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (120) |  |  |  |
Valuation adjustment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (33) |  |  |  |
Balance, July 1, 2023 | 9,347,220 |  |  | $ | 93 |  |  | $ | (164,452) |  |  | $ | 272,175 |  |  | $ | 915,667 |  |  | $ | (657) |  |  | $ | 1,022,826 |  |  | $ | 1,120 |  |  |  |
Net income | — |  |  | — |  |  | — |  |  | — |  |  | 41,539 |  |  | — |  |  | 41,539 |  |  | 34 |  |  |  |
Other comprehensive income, net | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 54 |  |  | 54 |  |  | — |  |  |  |
Net issuance of common stock under stock incentive plans | 9,201 |  |  | 1 |  |  | — |  |  | 478 |  |  | — |  |  | — |  |  | 479 |  |  | — |  |  |  |
Stock-based compensation | — |  |  | — |  |  | — |  |  | 1,551 |  |  | — |  |  | — |  |  | 1,551 |  |  | — |  |  |  |
Common stock repurchases | — |  |  | — |  |  | (47,194) |  |  | — |  |  | — |  |  | — |  |  | (47,194) |  |  | — |  |  |  |
Distributions | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (180) |  |  |  |
Conversion to mandatorily redeemable noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (974) |  |  |  |
Balance, September 30, 2023 | 9,356,421 |  |  | $ | 94 |  |  | $ | (211,646) |  |  | $ | 274,204 |  |  | $ | 957,206 |  |  | $ | (603) |  |  | $ | 1,019,255 |  |  | $ | — |  |  |  |

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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2 + Details
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