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Business Combinations (Tables) | 9 Months Ended
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Dec. 28, 2024
Business Combinations [Abstract] |
Schedule of Consideration Transferred and Purchase Price Preliminary Allocation on Assets and Liabilities | The following table presents the consideration transferred and the purchase price allocation:
Description |  | Amount |
Fair value of consideration transferred |  |  |
Fair value of Champion Homes, Inc. common stock issued as consideration (455,098 shares at $61.20) |  | $ | 27,852 |
Cash consideration, net of cash acquired |  |  | 279,545 |
Working capital adjustment |  |  | 3,644 |
Estimated earn out consideration |  |  | 5,904 |
Total consideration |  | $ | 316,945 |
Purchase price allocations: |  |  |
Trade accounts receivable |  |  | 16,300 |
Inventories |  |  | 138,933 |
Other current assets |  |  | 3,002 |
Property, plant, and equipment, net |  |  | 86,174 |
Amortizable intangible assets, net |  |  | 41,800 |
Other noncurrent assets |  |  | 10,640 |
Floor plan payable |  |  | (75,916 | )
Accounts payable |  |  | (14,427 | )
Other current liabilities |  |  | (35,662 | )
Long-term debt |  |  | (12,233 | )
Other liabilities |  |  | (3,065 | )
Identifiable net assets acquired |  |  | 155,546 |
Goodwill |  |  | 161,399 |
Total purchase price |  | $ | 316,945 |
Summary of Pro Forma Results of Operations | The following unaudited pro forma information presents a summary of the operating results for the three and nine months ended December 30, 2023, as if the acquisition of Regional Homes had been completed on April 3, 2022, which is the beginning of the comparable reporting period from the acquisition date:
|  | Three months ended |  |  | Nine months ended |
|  | December 30, 2023 |  |  | December 30, 2023 |
Pro forma net sales |  | $ | 568,045 |  |  | $ | 1,750,936 |
Pro forma net income |  | $ | 47,058 |  |  | $ | 159,351 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
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