XML 56 R39.htm IDEA: XBRL DOCUMENT
v3.25.1

Investments (Tables) | 12 Months Ended
--- | ---
Mar. 29, 2025
Investments, Debt and Equity Securities [Abstract] |
Schedule of Investments | Investments consisted of the following (in thousands):
| March 29, 2025 |  | March 30, 2024
Available-for-sale debt securities | $ | 21,415 |  |  | $ | 18,669 |
Marketable equity securities | 11,425 |  |  | 11,961 |
Non-marketable equity investments | 5,069 |  |  | 4,956 |
| 37,909 |  |  | 35,586 |
Less short-term investments | (19,842) |  |  | (18,270) |
| $ | 18,067 |  |  | $ | 17,316 |
Schedule of Debt Securities, Available-for-Sale | The amortized cost and fair value of our investments in available-for-sale debt securities, by security type are shown in the table below (in thousands):
| March 29, 2025
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
Residential mortgage-backed securities | $ | 4,122 |  |  | $ | 19 |  |  | $ | (21) |  |  | $ | 4,120 |
State and political subdivision debt securities | 6,955 |  |  | 39 |  |  | (18) |  |  | 6,976 |
Corporate debt securities | 10,326 |  |  | 38 |  |  | (45) |  |  | 10,319 |
| $ | 21,403 |  |  | $ | 96 |  |  | $ | (84) |  |  | $ | 21,415 |
| March 30, 2024
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
Residential mortgage-backed securities | $ | 2,933 |  |  | $ | — |  |  | $ | (68) |  |  | $ | 2,865 |
State and political subdivision debt securities | 5,041 |  |  | 7 |  |  | (118) |  |  | 4,930 |
Corporate debt securities | 11,117 |  |  | 4 |  |  | (247) |  |  | 10,874 |
| $ | 19,091 |  |  | $ | 11 |  |  | $ | (433) |  |  | $ | 18,669 |
Schedule of Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value | The following tables show gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities had been in a continuous unrealized loss position (in thousands):
| March 29, 2025
| Less than 12 Months |  | 12 Months or Longer |  | Total
| Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
Residential mortgage-backed securities | $ | 473 |  |  | $ | (2) |  |  | $ | 1,036 |  |  | $ | (19) |  |  | $ | 1,509 |  |  | $ | (21) |
State and political subdivision debt securities | — |  |  | — |  |  | 1,633 |  |  | (18) |  |  | 1,633 |  |  | (18) |
Corporate debt securities | — |  |  | — |  |  | 4,431 |  |  | (45) |  |  | 4,431 |  |  | (45) |
| $ | 473 |  |  | $ | (2) |  |  | $ | 7,100 |  |  | $ | (82) |  |  | $ | 7,573 |  |  | $ | (84) |
| March 30, 2024
| Less than 12 Months |  | 12 Months or Longer |  | Total
| Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
Residential mortgage-backed securities | $ | 2,014 |  |  | $ | (24) |  |  | $ | 833 |  |  | $ | (44) |  |  | $ | 2,847 |  |  | $ | (68) |
State and political subdivision debt securities | 493 |  |  | (1) |  |  | 3,442 |  |  | (117) |  |  | 3,935 |  |  | (118) |
Corporate debt securities | 397 |  |  | (3) |  |  | 8,501 |  |  | (244) |  |  | 8,898 |  |  | (247) |
| $ | 2,904 |  |  | $ | (28) |  |  | $ | 12,776 |  |  | $ | (405) |  |  | $ | 15,680 |  |  | $ | (433) |
Schedule of Contractual Maturity of Investment Securities | The amortized cost and fair value of our investments in available-for-sale debt securities, by contractual maturity, are shown in the table below (in thousands). Expected maturities differ from contractual maturities as borrowers may have the right to call or prepay obligations, with or without penalties.
| March 29, 2025
| Amortized Cost |  | Fair Value
Due in less than one year | $ | 8,162 |  |  | $ | 8,118 |
Due after one year through five years | 7,189 |  |  | 7,235 |
Due after five years through ten years | 1,930 |  |  | 1,942 |
Mortgage-backed securities | 4,122 |  |  | 4,120 |
| $ | 21,403 |  |  | $ | 21,415 |
Schedule of Gain (Loss) on Securities | Net investment gains and losses on marketable equity securities for fiscal years 2025, 2024 and 2023 were as follows (in thousands):
| Year Ended
| March 29, 2025 |  | March 30, 2024 |  | April 1, 2023
Marketable equity securities: |  |  |  |  |
Net (losses) gains recognized during the period | $ | (1,000) |  |  | $ | 1,869 |  |  | $ | 561 |
Less: Net (gains) recognized on securities sold during the period | (1,175) |  |  | (348) |  |  | (958) |
Unrealized (losses) gains recognized during the period on securities still held | $ | (2,175) |  |  | $ | 1,521 |  |  | $ | (397) |

X
- Definition Schedule of Investments [Table Text Block] + References No definition available. + Details
Name: | cvco_ScheduleOfInvestmentsTableTextBlock
Namespace Prefix: | cvco_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-9 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (aa) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (aaa) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479081/326-30-55-8 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-6 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479106/326-30-50-4 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of realized and unrealized gain (loss) on investment in security. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(9)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(7)(c)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 + Details
Name: | us-gaap_GainLossOnInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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