XML 55 R39.htm IDEA: XBRL DOCUMENT
v3.22.1

Segment Information (Tables) | 12 Months Ended
--- | ---
Apr. 02, 2022
Segment Reporting [Abstract] |
Schedule of Financial Information by Reportable Segments | Selected financial information by reportable segment was as follows:
|  | Year Ended |
(Dollars in thousands) |  | April 2, 2022 |  |  | April 3, 2021 |  |  | March 28, 2020 |
Net sales: |  |  |  |  |  |  |  |  |
U.S. Factory-built Housing |  | $ | 1,991,066 |  |  | $ | 1,266,308 |  |  | $ | 1,226,393 |
Canadian Factory-built Housing |  |  | 159,124 |  |  |  | 101,328 |  |  |  | 84,196 |
Corporate/Other |  |  | 57,039 |  |  |  | 53,245 |  |  |  | 59,141 |
Consolidated net sales |  | $ | 2,207,229 |  |  | $ | 1,420,881 |  |  | $ | 1,369,730 |
Operating income: |  |  |  |  |  |  |  |  |
U.S. Factory-built Housing EBITDA |  | $ | 360,978 |  |  | $ | 142,699 |  |  | $ | 131,339 |
Canadian Factory-built Housing EBITDA |  |  | 31,692 |  |  |  | 19,564 |  |  |  | 9,272 |
Corporate/Other EBITDA |  |  | (38,793 | ) |  |  | (29,911 | ) |  |  | (35,610 | )
Other income |  |  | (36 | ) |  |  | (5,889 | ) |  |  | — |
Depreciation |  |  | (13,384 | ) |  |  | (12,087 | ) |  |  | (13,116 | )
Amortization |  |  | (7,552 | ) |  |  | (5,617 | ) |  |  | (5,430 | )
Consolidated operating income |  | $ | 332,905 |  |  | $ | 108,759 |  |  | $ | 86,455 |
Depreciation: |  |  |  |  |  |  |  |  |
U.S. Factory-built Housing |  | $ | 10,823 |  |  | $ | 9,620 |  |  | $ | 11,015 |
Canadian Factory-built Housing |  |  | 1,111 |  |  |  | 860 |  |  |  | 1,073 |
Corporate/Other |  |  | 1,450 |  |  |  | 1,607 |  |  |  | 1,028 |
Consolidated depreciation |  | $ | 13,384 |  |  | $ | 12,087 |  |  | $ | 13,116 |
Amortization of U.S. Factory-built Housing intangible assets: |  | $ | 7,552 |  |  | $ | 5,617 |  |  | $ | 5,430 |
Capital expenditures: |  |  |  |  |  |  |  |  |
U.S. Factory-built Housing |  | $ | 29,133 |  |  | $ | 6,261 |  |  | $ | 11,753 |
Canadian Factory-built Housing |  |  | 1,419 |  |  |  | 1,034 |  |  |  | 1,566 |
Corporate/Other |  |  | 1,427 |  |  |  | 721 |  |  |  | 2,070 |
Consolidated capital expenditures |  | $ | 31,979 |  |  | $ | 8,016 |  |  | $ | 15,389 |
(Dollars in thousands) |  | April 2, 2022 |  |  | April 3, 2021 |  |  |  |
Total Assets: |  |  |  |  |  |  |  |  |
U.S. Factory-built Housing (1) |  | $ | 695,500 |  |  | $ | 578,897 |  |  |  |
Canadian Factory-built Housing (1) |  |  | 107,459 |  |  |  | 87,224 |  |  |  |
Corporate/Other (1) |  |  | 431,660 |  |  |  | 251,781 |  |  |  |
Consolidated total assets |  | $ | 1,234,619 |  |  | $ | 917,902 |  |  |  |
(1) Deferred tax assets for the Canadian operations are reflected in the Canadian Factory-built Housing segment. U.S. deferred tax assets are presented in Corporate/Other because an allocation between segments is not practicable.

X
- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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