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Stockholders' Equity and Redeemable Noncontrolling Interest | 6 Months Ended
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Sep. 28, 2024
Stockholders' Equity Note [Abstract] |
Stockholders' Equity and Redeemable Noncontrolling Interest | 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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