Cavco Industries (CVCO) 10-Q 30 Oct 19 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Sep. 28, 2019	Oct. 25, 2019
Document and Entity Information [Abstract]
Entity Central Index Key	0000278166
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 28, 2019
Amendment Flag	false
Document Transition Report	false
Entity File Number	000-08822
Entity Registrant Name	CAVCO INDUSTRIES INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	56-2405642
Entity Address, Address Line One	3636 North Central Ave, Ste 1200
Entity Address, City or Town	Phoenix
Entity Address, State or Province	AZ
Entity Address, Postal Zip Code	85012
City Area Code	602
Local Phone Number	256-6263
Title of 12(b) Security	Common Stock, par value $0.01
Trading Symbol	CVCO
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		9,133,716
Current Fiscal Year End Date	--03-28
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 28, 2019	Mar. 30, 2019
Current assets:
Cash and cash equivalents	$ 190,478	$ 187,370
Restricted cash, current	14,981	12,148
Accounts receivable, net	44,908	40,701
Short-term investments	13,375	12,620
Current portion of consumer loans receivable, net	35,482	30,058
Current portion of commercial loans receivable, net	17,694	15,234
Inventories	115,205	116,203
Assets held for sale	0	3,061
Prepaid expenses and other current assets	54,509	44,654
Total current assets	486,632	462,049
Restricted cash	350	351
Investments	32,381	32,137
Consumer loans receivable, net	53,470	56,727
Commercial loans receivable, net	28,565	27,772
Property, plant and equipment, net	70,199	63,484
Goodwill and other intangibles, net	90,509	82,696
Operating lease right-of-use assets	11,732	0
Total assets	773,838	725,216
Current liabilities:
Accounts payable	29,886	29,305
Accrued liabilities	137,936	125,181
Current portion of securitized financings and other	1,875	19,522
Total current liabilities	169,697	174,008
Operating lease liabilities	8,735	0
Deferred income taxes	8,043	7,002
Securitized financings and other	14,359	14,618
Stockholders' equity:
Preferred stock, $0.01 par value; 1,000,000 shares authorized; No shares issued or outstanding	0	0
Common stock, $0.01 par value; 40,000,000 shares authorized; Outstanding 9,127,466 and 9,098,320 shares, respectively	91	91
Additional paid-in capital	250,584	249,447
Retained earnings	322,245	280,078
Accumulated other comprehensive income (loss)	84	(28)
Total stockholders' equity	573,004	529,588
Total liabilities and stockholders' equity	$ 773,838	$ 725,216

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 28, 2019	Mar. 30, 2019
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares outstanding	9,127,466	9,098,320

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Income Statement [Abstract]
Net revenue	$ 268,675	$ 241,530	$ 532,717	$ 487,933
Cost of sales	210,208	192,114	413,952	387,041
Gross profit	58,467	49,416	118,765	100,892
Selling, general and administrative expenses	36,083	30,035	71,347	59,248
Income from operations	22,384	19,381	47,418	41,644
Interest expense	(302)	(941)	(788)	(1,913)
Other income, net	5,173	1,077	7,987	3,922
Income before income taxes	27,255	19,517	54,617	43,653
Income tax expense	(6,370)	(3,941)	(12,450)	(8,386)
Net income	20,885	15,576	42,167	35,267
Comprehensive income:
Net income	20,885	15,576	42,167	35,267
Reclassification adjustment for securities sold or matured	0	24	2	24
Applicable income taxes	0	(5)	(1)	(5)
Net change in unrealized position of investments held	29	(57)	140	(51)
Applicable income taxes	(6)	12	(29)	11
Comprehensive income	$ 20,908	$ 15,550	$ 42,279	$ 35,246
Net income per share attributable to Cavco common stockholders:
Basic (usd per share)	$ 2.29	$ 1.72	$ 4.63	$ 3.89
Diluted (usd per share)	$ 2.25	$ 1.67	$ 4.56	$ 3.80
Weighted average shares outstanding:
Basic (in shares)	9,119,835	9,079,679	9,111,260	9,064,007
Diluted (in shares)	9,266,085	9,304,188	9,241,834	9,287,730

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
OPERATING ACTIVITIES
Net income	$ 42,167	$ 35,267
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	2,648	2,274
Provision for credit losses	30	459
Deferred income taxes	1,011	863
Stock-based compensation expense	1,448	2,115
Non-cash interest income, net	(694)	(409)
Gain on sale of property, plant and equipment, net	(3,370)	(51)
Gain on investments and sale of loans, net	(7,683)	(5,457)
Changes in operating assets and liabilities:
Accounts receivable	(3,300)	(3,057)
Consumer loans receivable originated	(80,259)	(64,479)
Proceeds from sales of consumer loans	77,182	62,245
Principal payments on consumer loans receivable	4,759	6,522
Inventories	6,506	(2,350)
Prepaid expenses and other current assets	322	(4,703)
Commercial loans receivable	(1,409)	(17,321)
Accounts payable and accrued liabilities	4,235	5,890
Net cash provided by operating activities	43,593	17,808
INVESTING ACTIVITIES
Purchases of property, plant and equipment	(3,944)	(3,876)
Payments to Acquire Businesses, Gross	15,937	0
Proceeds from sale of property, plant and equipment and assets held for sale	64	64
Purchases of investments	(2,751)	(4,042)
Proceeds from sale of investments	4,260	4,684
Net cash used in investing activities	(18,308)	(3,170)
FINANCING ACTIVITIES
Payments from exercise of stock options	(311)	(173)
Proceeds from secured financings and other	75	226
Payments on securitized financings and other	(19,109)	(4,254)
Net cash used in financing activities	(19,345)	(4,201)
Net increase in cash, cash equivalents and restricted cash	5,940	10,437
Cash, cash equivalents and restricted cash at beginning of the fiscal year	199,869	199,258
Cash, cash equivalents and restricted cash at end of the period	205,809	209,695
Supplemental disclosures of cash flow information:
Cash paid for income taxes	13,073	12,381
Cash paid for interest	473	1,300
Supplemental disclosures of noncash activity:
Right-of-use assets recognized	13,464	0
Operating lease obligations incurred	$ 13,489	$ 0

Basis of Presentation

Basis of Presentation	6 Months Ended
	Sep. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited Consolidated Financial Statements of Cavco Industries, Inc. and its subsidiaries (collectively, the "Company" or "Cavco") have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC") for Quarterly Reports on Form 10-Q and Article 10 of SEC Regulation S-X. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles ("GAAP") have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, these financial statements include all adjustments, including normal recurring adjustments, that Cavco believes are necessary to fairly state the results for the periods presented. Certain prior period amounts have been reclassified to conform to current period classification. The Company has evaluated subsequent events after the balance sheet date through the date of the filing of this report with the SEC, and there were no disclosable subsequent events. These Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and the Notes to the Consolidated Financial Statements included in the Company's 2019 Annual Report on Form 10-K for the year ended March 30, 2019 , filed with the SEC on May 28, 2019 ("Form 10-K"). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and the accompanying Notes to the Consolidated Financial Statements ("Notes"). Actual results could differ from those estimates. The Consolidated Statements of Comprehensive Income and Consolidated Statements of Cash Flows for the interim periods are not necessarily indicative of the results or cash flows for the full year. The Company operates on a 52-53 week fiscal year ending on the Saturday nearest to March 31 st of each year. Each fiscal quarter consists of 13 weeks, with an occasional fourth quarter extending to 14 weeks, if necessary, for the fiscal year to end on the Saturday nearest to March 31 st . The Company's current fiscal year will end on March 28, 2020 . The Company operates principally in two segments: (1) factory-built housing, which includes wholesale and retail systems-built housing operations, and (2) financial services, which includes manufactured housing consumer finance and insurance. The Company designs and builds a wide variety of affordable manufactured homes, modular homes and park model RVs in 20 factories located throughout the United States, which are sold to a network of independent distributors, through the Company's 39 Company-owned retail stores and to community owners and developers. Our financial services group is comprised of a finance subsidiary, CountryPlace Acceptance Corp. ("CountryPlace"), and an insurance subsidiary, Standard Casualty Co. ("Standard Casualty"). CountryPlace is an approved Federal National Mortgage Association and Federal Home Loan Mortgage Corporation seller/servicer and a Government National Mortgage Association mortgage-backed securities issuer that offers conforming mortgages, non-conforming mortgages and home-only loans to purchasers of factory-built homes. Standard Casualty provides property and casualty insurance primarily to owners of manufactured homes. Adoption of New Accounting Standards. In February 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2016-02, Leases ("Topic 842"). This guidance amends previous accounting considerations and treatments for leases to increase transparency and comparability among organizations by requiring the recognition of right-of-use ("ROU") assets and lease liabilities on the balance sheet for both finance leases and operating leases. For finance leases, the lessee recognizes interest expense and amortization of the ROU asset and for operating leases, the lessee recognizes straight-line lease expense. Effective March 31, 2019, the Company adopted Topic 842 using the modified retrospective transition approach. This approach provides a method for recording existing leases at adoption, without restating comparative periods. The Company also elected to adopt the package of practical expedients provided in the guidance, which allowed the Company to retain the historical classification for each lease, and provided relief from reviewing existing or expired contracts to determine if they contain leases under the new guidance. In addition, an accounting policy election was made to account for non-lease and lease components as a single lease component for all asset classes. The Company also made an accounting policy election to exclude ROU assets and lease liabilities for leases with an initial term of twelve months or less from the Consolidated Balance Sheet. Adoption of the new standard resulted in an addition of net operating lease ROU assets and lease liabilities of $13.0 million and $13.5 million , respectively, to the Company’s Consolidated Balance Sheet as of March 31, 2019. The difference between the additional lease assets and lease liabilities reflects existing accrued rent balances that were reclassified to the operating lease ROU asset as of March 31, 2019. The standard did not materially impact our consolidated Net income and had no impact on cash flows. See Note 9 for additional information. Accounting Standards Issued But Not Yet Adopted. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments ("ASU 2016-13"). ASU 2016-13 changes the impairment model for most financial assets and certain other instruments, which will now require a forward-looking impairment model based on expected losses rather than incurred losses. The guidance also requires increased disclosures. ASU 2016-13 will be effective beginning with the first quarter of the Company's fiscal year 2021 and will be applied using a modified retrospective transition method. While early adoption is permitted, the Company does not plan to early adopt the guidance. The Company is currently evaluating the effect ASU 2016-13 will have on the Company's Consolidated Financial Statements and disclosures. From time to time, new accounting pronouncements are issued by the FASB and other regulatory bodies that are adopted by the Company as of the specified effective dates. Unless otherwise discussed, management believes that the impact of recently issued standards, which are not yet effective, will not have a material impact on the Company's Consolidated Financial Statements upon adoption. For a description of other significant accounting policies used by the Company in the preparation of its Consolidated Financial Statements, please refer to Note 1 of the Notes to Consolidated Financial Statements included in the Form 10-K.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	6 Months Ended
	Sep. 28, 2019
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers The following table summarizes customer contract revenues disaggregated by reportable segment and the source of revenue for the three and six months ended September 28, 2019 and September 29, 2018 (in thousands): Three Months Ended Six Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 Factory-built housing U.S. Housing and Urban Development code homes $ 207,556 $ 184,687 $ 410,035 $ 371,003 Modular homes 19,412 23,901 38,819 46,348 Park model RVs 11,751 5,979 24,612 17,706 Other (1) 13,971 12,527 27,992 24,799 Net revenue from factory-built housing 252,690 227,094 501,458 459,856 Financial services Insurance agency commissions received from third-party insurance companies 274 643 1,429 1,275 Other (2) 15,711 13,793 29,830 26,802 Net revenue from financial services 15,985 14,436 31,259 28,077 Total Net revenue $ 268,675 $ 241,530 $ 532,717 $ 487,933 (1) Other factory-built housing revenue from ancillary products and services including freight, used homes and other services. (2) Other financial services revenue relates to consumer finance and insurance revenue that is not within the scope of ASU 2014-09, Revenue from Contracts with Customers ("Topic 606") .

Restricted Cash

Restricted Cash	6 Months Ended
	Sep. 28, 2019
Cash and Cash Equivalents [Abstract]
Restricted Cash	Restricted Cash Restricted cash consisted of the following (in thousands): September 28, March 30, Cash related to CountryPlace customer payments to be remitted to third parties $ 13,948 $ 10,426 Cash related to CountryPlace customer payments on securitized loans to be remitted to bondholders — 634 Other restricted cash 1,383 1,439 $ 15,331 $ 12,499 Corresponding amounts were recorded in accounts payable and accrued liabilities for customer payments and deposits, respectively. The following table provides a reconciliation of Cash and cash equivalents and Restricted cash reported within the accompanying Consolidated Balance Sheets to the combined amounts shown on the Consolidated Statements of Cash Flows (in thousands): September 28, March 30, September 29, March 31, Cash and cash equivalents $ 190,478 $ 187,370 $ 195,488 $ 186,766 Restricted cash, current 14,981 12,148 13,754 11,228 Restricted cash 350 351 453 1,264 Cash, cash equivalents and restricted cash per statement of cash flows $ 205,809 $ 199,869 $ 209,695 $ 199,258

Investments

Investments	6 Months Ended
	Sep. 28, 2019
Investments, Debt and Equity Securities [Abstract]
Investments	Investments Investments consisted of the following (in thousands): September 28, March 30, Available-for-sale debt securities $ 12,181 $ 13,408 Marketable equity securities 12,649 11,073 Non-marketable equity investments 20,926 20,276 $ 45,756 $ 44,757 The Company's investments in marketable equity securities consist of investments in the common stock of industrial and other companies. As of September 28, 2019 and March 30, 2019 , non-marketable equity investments included contributions of $15.0 million to equity-method investments in community-based initiatives that buy and sell our homes and provide home-only financing to residents of certain manufactured home communities. Other non-marketable equity investments included investments in other distribution operations. The Company records investments in fixed maturity securities classified as available-for-sale at fair value and records the difference between fair value and cost in Accumulated other comprehensive income (loss). The following tables summarize the Company's available-for-sale debt securities, gross unrealized gains and losses and fair value, aggregated by investment category (in thousands): September 28, 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Residential mortgage-backed securities $ 6,168 $ 22 $ (48 ) $ 6,142 State and political subdivision debt securities 3,706 139 (3 ) 3,842 Corporate debt securities 1,901 4 (8 ) 1,897 U.S. Treasury and government debt securities 300 — — 300 $ 12,075 $ 165 $ (59 ) $ 12,181 March 30, 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Residential mortgage-backed securities $ 6,625 $ 3 $ (119 ) $ 6,509 State and political subdivision debt securities 4,883 117 (17 ) 4,983 Corporate debt securities 1,635 3 (19 ) 1,619 U.S. Treasury and government debt securities 300 — (3 ) 297 $ 13,443 $ 123 $ (158 ) $ 13,408 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): September 28, 2019 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 $ 669 $ — $ 3,197 $ (48 ) $ 3,866 $ (48 ) State and political subdivision debt securities 302 (1 ) 103 (2 ) 405 (3 ) Corporate debt securities — — 1,096 (8 ) 1,096 (8 ) $ 971 $ (1 ) $ 4,396 $ (58 ) $ 5,367 $ (59 ) March 30, 2019 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 $ 1,066 $ (9 ) $ 5,206 $ (110 ) $ 6,272 $ (119 ) State and political subdivision debt securities 353 — 2,319 (17 ) 2,672 (17 ) Corporate debt securities 243 (8 ) 1,073 (11 ) 1,316 (19 ) U.S. Treasury and government debt securities — — 297 (3 ) 297 (3 ) $ 1,662 $ (17 ) $ 8,895 $ (141 ) $ 10,557 $ (158 ) Based on the Company's ability and intent to hold the investments for a reasonable period of time sufficient for a forecasted recovery of fair value, the Company does not consider any investments to be other-than-temporarily impaired as of September 28, 2019 . The amortized cost and fair value of the Company's 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. September 28, 2019 Amortized Cost Fair Value Due in less than one year $ 507 $ 507 Due after one year through five years 3,215 3,218 Due after five years through ten years 263 283 Due after ten years 1,922 2,031 Mortgage-backed securities 6,168 6,142 $ 12,075 $ 12,181 The Company recognizes investment gains and losses on available-for-sale debt securities when it sells or otherwise disposes of securities using the specific identification method. There were no gross gains or losses realized on the sale of available-for-sale debt securities during the three and six months ended September 28, 2019 or September 29, 2018 . The Company recognizes unrealized gains and losses on marketable equity securities from changes in market prices during the period as a component of earnings in the Consolidated Statements of Comprehensive Income. Net investment gains and losses on marketable equity securities for the three and six months ended September 28, 2019 and September 29, 2018 were as follows (in thousands): Three Months Ended Six Months Ended September 28, September 29, September 28, September 29, Marketable equity securities: Net gains (losses) on securities held $ 350 $ (312 ) $ 1,302 $ 1,298 Net losses on securities sold (1 ) (13 ) (2 ) (53 ) Total net gain (loss) on marketable equity securities $ 349 $ (325 ) $ 1,300 $ 1,245

Inventories

Inventories	6 Months Ended
	Sep. 28, 2019
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consisted of the following (in thousands): September 28, March 30, Raw materials $ 35,330 $ 33,701 Work in process 12,655 12,212 Finished goods 67,220 70,290 $ 115,205 $ 116,203

Consumer Loans Receivable

Consumer Loans Receivable	6 Months Ended
	Sep. 28, 2019
Receivables [Abstract]
Consumer Loans Receivable	Consumer Loans Receivable The following table summarizes consumer loans receivable (in thousands): September 28, March 30, Loans held for investment (at Acquisition Date, defined below) $ 40,983 $ 44,375 Loans held for investment (originated after Acquisition Date) 19,530 20,580 Loans held for sale 16,801 11,288 Construction advances 14,261 12,883 Consumer loans receivable 91,575 89,126 Deferred financing fees and other, net (2,208 ) (1,926 ) Allowance for loan losses (415 ) (415 ) $ 88,952 $ 86,785 The allowance for loan losses is developed at the loan level and allocated to specific individual loans or to impaired loans. A range of probable losses is calculated after giving consideration to, among other things, the loan characteristics and historical loss experience. The Company then makes a determination of the best estimate within the range of loan losses. The allowance for loan losses reflects the Company's judgment of the probable loss exposure on its loans held for investment portfolio. The Company acquired consumer loans receivable as part of its acquisition of Palm Harbor Homes, Inc. ("Palm Harbor") in April 2011 ("Acquisition Date"). As of the Acquisition Date, the Company determined the excess of the loan pool's scheduled contractual principal and interest payments over all cash flows expected as an amount that consists of interest that cannot be accreted into interest income (the non-accretable difference). The cash flow expected to be collected in excess of the carrying value of the acquired loans consists of interest that is accreted into interest income over the remaining life of the loans (accretable yield). Interest income on consumer loans receivable is recognized as Net revenue. September 28, March 30, (in thousands) Consumer loans receivable held for investment – contractual amount $ 91,723 $ 100,595 Purchase discount Accretable (34,108 ) (36,672 ) Non-accretable (16,540 ) (19,502 ) Less consumer loans receivable reclassified as other assets (92 ) (46 ) Total acquired consumer loans receivable held for investment, net $ 40,983 $ 44,375 Over the life of the acquired loans, the Company estimates cash flows expected to be collected to determine if an allowance for loan loss subsequent to the Acquisition Date is required. The weighted averages of assumptions used in the calculation of expected cash flows to be collected were as follows: September 28, March 30, Prepayment rate 16.4 % 17.1 % Default rate 1.1 % 1.1 % Assuming there was a 1% (100 basis point) unfavorable variation from the expected level, for each key assumption, the expected cash flows for the life of the portfolio, as of September 28, 2019 , would decrease by approximately $881,000 and $2.5 million for the expected prepayment rate and expected default rate, respectively. The changes in accretable yield on acquired consumer loans receivable held for investment were as follows (in thousands): Three Months Ended Six Months Ended September 28, September 29, September 28, September 29, Balance at the beginning of the period $ 34,881 $ 42,873 $ 36,672 $ 44,481 Accretion (1,713 ) (1,968 ) (3,480 ) (3,867 ) Reclassifications to non-accretable discount 940 32 916 323 Balance at the end of the period $ 34,108 $ 40,937 $ 34,108 $ 40,937 The consumer loans held for investment had the following characteristics: September 28, March 30, Weighted average contractual interest rate 8.49 % 8.49 % Weighted average effective interest rate 9.20 % 9.11 % Weighted average months to maturity 159 163 The following table disaggregates CountryPlace's gross consumer loans receivable for each class by portfolio segment and credit quality indicator as of the time of origination (in thousands): September 28, 2019 Consumer Loans Held for Investment Securitized 2005 Securitized 2007 Unsecuritized Construction Advances Consumer Loans Held For Sale Total Asset Class Credit Quality Indicator (FICO® score) Home-only loans 0-619 $ 374 $ 228 $ 253 $ — $ — $ 855 620-719 7,615 5,629 10,275 — 87 23,606 720+ 8,344 4,895 7,748 — 162 21,149 Other 46 — 382 — — 428 Subtotal 16,379 10,752 18,658 — 249 46,038 Conforming mortgages 0-619 — — 83 — — 83 620-719 — — 1,550 9,616 8,489 19,655 720+ — — 818 4,645 7,760 13,223 Other — — — — 303 303 Subtotal — — 2,451 14,261 16,552 33,264 Non-conforming mortgages 0-619 76 327 950 — — 1,353 620-719 811 3,915 2,614 — — 7,340 720+ 1,124 2,012 230 — — 3,366 Other — — 182 — — 182 Subtotal 2,011 6,254 3,976 — — 12,241 Other loans — — 32 — — 32 $ 18,390 $ 17,006 $ 25,117 $ 14,261 $ 16,801 $ 91,575 March 30, 2019 Consumer Loans Held for Investment Securitized 2005 Securitized 2007 Unsecuritized Construction Advances Consumer Loans Held For Sale Total Asset Class Credit Quality Indicator (FICO® score) Home-only loans 0-619 $ 401 $ 245 $ 266 $ — $ — $ 912 620-719 8,448 5,996 10,266 — — 24,710 720+ 9,090 5,419 8,436 — 617 23,562 Other 47 — 390 — — 437 Subtotal 17,986 11,660 19,358 — 617 49,621 Conforming mortgages 0-619 — — 83 — 460 543 620-719 — — 2,202 8,061 6,885 17,148 720+ — — 684 4,822 3,326 8,832 Subtotal — — 2,969 12,883 10,671 26,523 Non-conforming mortgages 0-619 78 344 991 — — 1,413 620-719 994 4,008 2,687 — — 7,689 720+ 1,238 2,053 369 — — 3,660 Other — — 214 — — 214 Subtotal 2,310 6,405 4,261 — — 12,976 Other loans — — 6 — — 6 $ 20,296 $ 18,065 $ 26,594 $ 12,883 $ 11,288 $ 89,126 Loan contracts secured by collateral that is geographically concentrated could experience higher rates of delinquencies, default and foreclosure losses than loan contracts secured by collateral that is more geographically dispersed. As of September 28, 2019 , 42% of the outstanding principal balance of the consumer loans receivable portfolio was concentrated in Texas and 12% was concentrated in Florida . As of March 30, 2019 , 44% of the outstanding principal balance of the consumer loans receivable portfolio was concentrated in Texas and 12% was concentrated in Florida. Other than Texas and Florida , no other state had concentrations in excess of 10% of the principal balance of the consumer loans receivable as of September 28, 2019 or March 30, 2019 . Collateral for repossessed loans is acquired through foreclosure or similar proceedings and is recorded at the estimated fair value of the home, less the costs to sell. At repossession, the fair value of the collateral is determined based on the historical recovery rates of previously charged-off loans; the loan is charged off and the loss is recorded to the allowance for loan losses. On a monthly basis, the fair value of the collateral is adjusted to the lower of the amount recorded at repossession or the estimated sales price less estimated costs to sell, based on current information. Repossessed homes totaled approximately $1.0 million and $1.5 million as of September 28, 2019 and March 30, 2019 , respectively, and were included in Prepaid expenses and other current assets in the Consolidated Balance Sheets. Foreclosure or similar proceedings in progress totaled approximately $1.2 million and $1.5 million as of September 28, 2019 and March 30, 2019 , respectively.

Commercial Loans Receivables an

Commercial Loans Receivables and Allowance for Loan Loss	6 Months Ended
	Sep. 28, 2019
Receivables [Abstract]
Commercial Loans Receivables and Allowance for Loan Loss	Commercial Loans Receivable and Allowance for Loan Losses The Company's commercial loans receivable balance consists of two classes: (i) direct financing arrangements for the home product needs of the Company's independent distributors, communities and developers; and (ii) amounts loaned by the Company under participation financing programs. Under the terms of the direct programs, the Company provides funds for financed home purchases by independent distributors, communities and developers. The notes are secured by the homes as collateral and, in some instances, other security. The other terms of direct arrangements vary depending on the needs of the borrower and the opportunity for the Company. Under the terms of the participation programs, the Company provides loans to independent floor plan lenders, representing a significant portion of the funds that such financiers then lend to distributors to finance their inventory purchases. The participation commercial loan receivables are unsecured general obligations of the independent floor plan lenders. Commercial loans receivable, net consisted of the following, by class of financing notes receivable (in thousands): September 28, March 30, Direct loans receivable $ 46,399 $ 42,899 Participation loans receivable 262 495 Allowance for loan losses (163 ) (180 ) Deferred financing fees, net (239 ) (208 ) $ 46,259 $ 43,006 The commercial loans receivable balance had the following characteristics: September 28, March 30, Weighted average contractual interest rate 5.5 % 5.7 % Weighted average months to maturity 9 7 The Company evaluates the potential for loss from its participation loan programs based on the independent lender's overall financial stability, as well as historical experience, and has determined that an applicable allowance for loan losses was not needed at September 28, 2019 or March 30, 2019 . With respect to direct programs with communities and developers, borrower activity is monitored on a regular basis and contractual arrangements are in place to provide adequate loss mitigation in the event of a default. For direct programs with independent distributors, the risk of loss is spread over numerous borrowers. Borrower activity is monitored in conjunction with third-party service providers, where applicable, to estimate the potential for loss on the related notes receivable, considering potential exposures, including repossession costs, remarketing expenses, impairment of value and the risk of collateral loss. The Company has historically been able to sell repossessed homes, thereby mitigating loss exposure. If a default occurs and collateral is lost, the Company is exposed to loss of the full value of the home loan. If the Company determines that it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement, a specific reserve is determined and recorded within the estimated allowance for loan losses. The Company recorded an allowance for loan losses of $163,000 and $135,000 at September 28, 2019 and September 29, 2018 , respectively. The following table represents changes in the estimated allowance for loan losses, including related additions and deductions to the allowance for loan losses applicable to the direct programs (in thousands): Three Months Ended Six Months Ended September 28, September 29, September 28, September 29, Balance at beginning of period $ 191 $ 113 $ 180 $ 42 Change in estimated loan losses, net (28 ) 22 (17 ) 93 Loans charged off, net of recoveries — — — — Balance at end of period $ 163 $ 135 $ 163 $ 135 The following table disaggregates commercial loans receivable and the estimated allowance for loan losses for each class of financing receivable by evaluation methodology (in thousands): Direct Commercial Loans Participation Commercial Loans September 28, March 30, September 28, March 30, Commercial loans receivable: Collectively evaluated for impairment $ 16,276 $ 18,018 $ — $ — Individually evaluated for impairment 30,123 24,881 262 495 $ 46,399 $ 42,899 $ 262 $ 495 Allowance for loan losses: Collectively evaluated for impairment $ (163 ) $ (180 ) $ — $ — Individually evaluated for impairment — — — — $ (163 ) $ (180 ) $ — $ — Loans are subject to regular review and are given management's attention whenever a problem situation appears to be developing. Loans with indicators of potential performance problems are placed on watch list status and are subject to additional monitoring and scrutiny. Nonperforming status includes loans accounted for on a non-accrual basis and accruing loans with principal payments 90 days or more past due. The Company's policy is to place loans on non-accrual status when interest is past due and remains unpaid 90 days or more or when there is a clear indication that the borrower is unstable or unwilling to make payments as they become due. The Company will resume accrual of interest once these factors have been remedied. At September 28, 2019 , there were no commercial loans 90 days or more past due that were still accruing interest. Payments received on non-accrual loans are recorded on a cash basis, first to interest and then to principal. At September 28, 2019 , the Company was not aware of any potential problem loans that would have a material effect on the commercial loans receivable balance. Charge-offs occur when it becomes probable that outstanding amounts will not be recovered. The following table disaggregates the Company's commercial loans receivable by class and credit quality indicator (in thousands): Direct Commercial Loans Participation Commercial Loans September 28, March 30, September 28, March 30, Risk profile based on payment activity: Performing $ 46,399 $ 42,899 $ 262 $ 495 Watch list — — — — Nonperforming — — — — $ 46,399 $ 42,899 $ 262 $ 495 The Company had concentrations of commercial loans receivables related to factory-built homes in excess of 10% of the commercial loans receivables principal balance located in the following states: September 28, March 30, California 15.7 % 21.1 % Arizona 14.9 % 16.3 % Additionally, at March 30, 2019 , 10.4% of the commercial loans receivables principal balance was concentrated in Oregon. The risks created by these concentrations have been considered in the determination of the adequacy of the allowance for loan losses. As of September 28, 2019 and March 30, 2019 , the Company had concentrations with one independent third-party and its affiliates that equaled 24.4% and 22.0% of the commercial loans receivable principal balance outstanding, respectively, all of which was secured.

Property, Plant and Equipment

Property, Plant and Equipment	6 Months Ended
	Sep. 28, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, Plant and Equipment, net Property, plant and equipment, net, consisted of the following (in thousands): September 28, March 30, Property, plant and equipment, at cost: Land $ 21,723 $ 21,359 Buildings and improvements 49,972 42,976 Machinery and equipment 28,756 27,053 100,451 91,388 Accumulated depreciation (30,252 ) (27,904 ) $ 70,199 $ 63,484 Depreciation expense was $1.3 million and $1.1 million for the three months ended September 28, 2019 and September 29, 2018 , respectively. For the six months ended September 28, 2019 and September 29, 2018 , depreciation expense was $2.4 million and $2.1 million , respectively. Included in the amounts above are certain assets under finance leases. See Note 9 for additional information.

Leases

Leases	6 Months Ended
	Sep. 28, 2019
Leases [Abstract]
Operating Leases	Leases The Company leases certain production and retail locations, office space and equipment. The Company determines if a contract or arrangement is, or contains, a lease at inception. Lease agreements with an initial term of 12 months or less are not recorded on the Consolidated Balance Sheet. Certain lease agreements include one or more options to renew, with renewal terms that can extend the lease term by one to three years or more. Generally, the exercise of lease renewal options is at the Company’s discretion. Some agreements also include options to purchase the leased property. The estimated life of assets and leasehold improvements is limited by the expected lease term, unless there is a transfer of title or purchase option that the Company is reasonably certain to exercise. Certain of the Company's lease agreements include rental payments adjusted periodically for inflation. These lease agreements do not contain any material residual value guarantees or material restrictive covenants. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the Company's obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. Since the Company’s leases do not provide a readily determinable implicit interest rate, the Company must estimate an incremental borrowing rate. In determining the estimated incremental borrowing rate, the Company considers the lease period and comparable market interest rates, as well as any other information available at the lease commencement date. The lease term includes options to extend or terminate the lease when it is reasonably certain that the Company will exercise such options. The following table provides information about the financial statement classification of the Company's lease balances reported within the Consolidated Balance Sheets as of September 28, 2019 (in thousands): Classification September 28, ROU assets Operating lease assets Operating lease right-of-use assets $ 11,732 Finance lease assets Property, plant and equipment, net (1) 1,685 Total lease assets $ 13,417 Lease Liabilities Current Operating lease liabilities Accrued liabilities $ 3,786 Finance lease liabilities Current portion of secured financings and other 726 Non-current Operating lease liabilities Operating lease liabilities 8,735 Finance lease liabilities Securitized financings and other 317 Total lease liabilities $ 13,564 (1) Recorded net of accumulated amortization of $89,000 as of September 28, 2019 . The following table provides information about the financial statement classification of the Company's lease expenses reported within the Consolidated Statements of Comprehensive Income for the three and six months ended September 28, 2019 (in thousands): September 28, 2019 Lease Expense Category Classification Three Months Ended Six Months Ended Operating lease expense (1) Cost of sales $ 208 $ 417 Selling, general and administrative expenses 776 1,529 Finance lease expense Amortization of leased assets Cost of sales 10 19 Interest on lease liabilities Interest expense 14 27 Total lease expense $ 1,008 $ 1,992 (1) Excludes short-term and variable lease expenses, which are immaterial. Cash payments for operating leases for the three and six months ended September 28, 2019 were $832,000 and $1.6 million , respectively. Cash payments for finance leases for the three and six months ended September 28, 2019 were $36,000 and $70,000 , respectively. The present value of the minimum payments for future fiscal years under non-cancelable leases as of September 28, 2019 were as follows (in thousands): Operating Leases Finance Leases Total Remainder of 2020 $ 1,746 $ 703 $ 2,449 2021 3,797 79 3,876 2022 2,882 73 2,955 2023 1,875 73 1,948 2024 1,445 73 1,518 Thereafter 2,611 122 2,733 Total lease payments 14,356 1,123 15,479 Less: Amount representing interest (1,835 ) (80 ) (1,915 ) Present value of lease liabilities $ 12,521 $ 1,043 $ 13,564 The following table provides information about the weighted average remaining lease terms and weighted average discount rates as of September 28, 2019 : Remaining Lease Term (Years) Discount Rate Operating leases 4.8 4.5 % Finance leases 2.5 5.0 % Operating Leases pre-Topic 842 adoption : The Company has non-cancelable operating leases with third parties, primarily for administrative and distribution center space and computer equipment. The Company's facilities leases generally provide for periodic rent increases and many contain escalation clauses and renewal options. Rent expense for these third-party operating leases was $5.2 million for the fiscal year ended March 30, 2019 and $5.3 million for each of the fiscal years ended March 31, 2018 and April 1, 2017, and is included in Cost of sales and Selling, general and administrative expenses in the accompanying Consolidated Statements of Comprehensive Income. Future minimum lease commitments for future fiscal years under all non-cancelable operating leases having a remaining term in excess of one year as of March 30, 2019 were as follows (in thousands): 2020 $ 2,292 2021 2,197 2022 1,389 2023 1,072 Thereafter 1,372 Total remaining lease payments $ 8,322
Finance Leases	Leases The Company leases certain production and retail locations, office space and equipment. The Company determines if a contract or arrangement is, or contains, a lease at inception. Lease agreements with an initial term of 12 months or less are not recorded on the Consolidated Balance Sheet. Certain lease agreements include one or more options to renew, with renewal terms that can extend the lease term by one to three years or more. Generally, the exercise of lease renewal options is at the Company’s discretion. Some agreements also include options to purchase the leased property. The estimated life of assets and leasehold improvements is limited by the expected lease term, unless there is a transfer of title or purchase option that the Company is reasonably certain to exercise. Certain of the Company's lease agreements include rental payments adjusted periodically for inflation. These lease agreements do not contain any material residual value guarantees or material restrictive covenants. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the Company's obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. Since the Company’s leases do not provide a readily determinable implicit interest rate, the Company must estimate an incremental borrowing rate. In determining the estimated incremental borrowing rate, the Company considers the lease period and comparable market interest rates, as well as any other information available at the lease commencement date. The lease term includes options to extend or terminate the lease when it is reasonably certain that the Company will exercise such options. The following table provides information about the financial statement classification of the Company's lease balances reported within the Consolidated Balance Sheets as of September 28, 2019 (in thousands): Classification September 28, ROU assets Operating lease assets Operating lease right-of-use assets $ 11,732 Finance lease assets Property, plant and equipment, net (1) 1,685 Total lease assets $ 13,417 Lease Liabilities Current Operating lease liabilities Accrued liabilities $ 3,786 Finance lease liabilities Current portion of secured financings and other 726 Non-current Operating lease liabilities Operating lease liabilities 8,735 Finance lease liabilities Securitized financings and other 317 Total lease liabilities $ 13,564 (1) Recorded net of accumulated amortization of $89,000 as of September 28, 2019 . The following table provides information about the financial statement classification of the Company's lease expenses reported within the Consolidated Statements of Comprehensive Income for the three and six months ended September 28, 2019 (in thousands): September 28, 2019 Lease Expense Category Classification Three Months Ended Six Months Ended Operating lease expense (1) Cost of sales $ 208 $ 417 Selling, general and administrative expenses 776 1,529 Finance lease expense Amortization of leased assets Cost of sales 10 19 Interest on lease liabilities Interest expense 14 27 Total lease expense $ 1,008 $ 1,992 (1) Excludes short-term and variable lease expenses, which are immaterial. Cash payments for operating leases for the three and six months ended September 28, 2019 were $832,000 and $1.6 million , respectively. Cash payments for finance leases for the three and six months ended September 28, 2019 were $36,000 and $70,000 , respectively. The present value of the minimum payments for future fiscal years under non-cancelable leases as of September 28, 2019 were as follows (in thousands): Operating Leases Finance Leases Total Remainder of 2020 $ 1,746 $ 703 $ 2,449 2021 3,797 79 3,876 2022 2,882 73 2,955 2023 1,875 73 1,948 2024 1,445 73 1,518 Thereafter 2,611 122 2,733 Total lease payments 14,356 1,123 15,479 Less: Amount representing interest (1,835 ) (80 ) (1,915 ) Present value of lease liabilities $ 12,521 $ 1,043 $ 13,564 The following table provides information about the weighted average remaining lease terms and weighted average discount rates as of September 28, 2019 : Remaining Lease Term (Years) Discount Rate Operating leases 4.8 4.5 % Finance leases 2.5 5.0 % Operating Leases pre-Topic 842 adoption : The Company has non-cancelable operating leases with third parties, primarily for administrative and distribution center space and computer equipment. The Company's facilities leases generally provide for periodic rent increases and many contain escalation clauses and renewal options. Rent expense for these third-party operating leases was $5.2 million for the fiscal year ended March 30, 2019 and $5.3 million for each of the fiscal years ended March 31, 2018 and April 1, 2017, and is included in Cost of sales and Selling, general and administrative expenses in the accompanying Consolidated Statements of Comprehensive Income. Future minimum lease commitments for future fiscal years under all non-cancelable operating leases having a remaining term in excess of one year as of March 30, 2019 were as follows (in thousands): 2020 $ 2,292 2021 2,197 2022 1,389 2023 1,072 Thereafter 1,372 Total remaining lease payments $ 8,322

Goodwill and Other Intangibles

Goodwill and Other Intangibles	6 Months Ended
	Sep. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangibles	Goodwill and Other Intangibles Goodwill and other intangibles, net, consisted of the following (in thousands): September 28, 2019 March 30, 2019 Gross Accumulated Net Gross Accumulated Net Indefinite-lived: Goodwill $ 75,024 $ — $ 75,024 $ 72,920 $ — $ 72,920 Trademarks and trade names 8,900 — 8,900 7,200 — 7,200 State insurance licenses 1,100 — 1,100 1,100 — 1,100 Total indefinite-lived intangible assets 85,024 — 85,024 81,220 — 81,220 Finite-lived: Customer relationships 11,300 (6,146 ) 5,154 7,100 (5,970 ) 1,130 Other 1,424 (1,093 ) 331 1,384 (1,038 ) 346 $ 97,748 $ (7,239 ) $ 90,509 $ 89,704 $ (7,008 ) $ 82,696 Amortization expense recognized on intangible assets was $151,000 and $80,000 for the three months ending September 28, 2019 and September 29, 2018 , respectively. Amortization expense recognized on intangible assets for the six months ended September 28, 2019 and September 29, 2018 was $231,000 and $164,000 , respectively.

Accrued Liabilities

Accrued Liabilities	6 Months Ended
	Sep. 28, 2019
Payables and Accruals [Abstract]
Accrued Liabilities	Accrued Liabilities Accrued liabilities consisted of the following (in thousands): September 28, March 30, Salaries, wages and benefits $ 25,910 $ 25,257 Customer deposits 22,385 17,804 Unearned insurance premiums 19,375 18,305 Estimated warranties 18,563 17,069 Accrued volume rebates 12,240 10,412 Insurance loss reserves 5,659 6,686 Accrued self-insurance 5,485 5,171 Company repurchase options on certain loans sold 4,512 3,810 Operating lease liabilities 3,786 — Reserve for repurchase commitments 3,011 2,362 Accrued taxes 2,547 1,767 Capital lease obligation — 1,075 Other 14,463 15,463 $ 137,936 $ 125,181

Warranties

Warranties	6 Months Ended
	Sep. 28, 2019
Product Warranties Disclosures [Abstract]
Warranties	Warranties Activity in the liability for estimated warranties was as follows (in thousands): Three Months Ended Six Months Ended September 28, September 29, September 28, September 29, Balance at beginning of period $ 17,760 $ 16,670 $ 17,069 $ 16,638 Purchase accounting additions 1,192 — 1,192 — Charged to costs and expenses 6,765 6,713 14,586 12,942 Payments and deductions (7,154 ) (6,478 ) (14,284 ) (12,675 ) Balance at end of period $ 18,563 $ 16,905 $ 18,563 $ 16,905

Debt and Finance Lease Obligati

Debt and Finance Lease Obligations	6 Months Ended
	Sep. 28, 2019
Debt Disclosure [Abstract]
Debt and Finance Lease Obligations	Debt and Finance Lease Obligations Debt and finance lease obligations primarily consisted of amounts related to loans sold that did not qualify for loan sale accounting treatment and lease obligations in which it is expected that the Company will obtain ownership of a leased asset at the end of the lease term. The following table summarizes debt and finance lease obligations (in thousands): September 28, March 30, 2007-1 securitized financings (acquired as part of the Palm Harbor transaction) $ — $ 18,364 Secured credit facilities 10,974 11,289 Other secured financings 4,217 4,487 Finance lease liabilities 1,043 — $ 16,234 $ 34,140 Prior to the Company's acquisition of Palm Harbor and CountryPlace, CountryPlace completed an initial securitization (2005-1) and a second securitized borrowing (2007-1). The Company repurchased these loan portfolios in January 2019 and August 2019, respectively, eliminating the related securitized financings. Acquired securitized financings were recorded at fair value at the time of acquisition, which resulted in a discount, and subsequently are accounted for in a manner similar to FASB Accounting Standards Codification ("ASC") 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality to accrete the discount. Prior to the repurchase, over the life of the loans, the Company estimated cash flows expected to be paid on the securitized financings. The Company evaluated at the balance sheet date whether the present value of its securitized financings, determined using the effective interest rate, had increased or decreased. The amount of accretable yield recognized on a prospective basis over the securitized financing's remaining life was adjusted by the present value of any subsequent change in cash flows expected to be paid. The changes in accretable yield on securitized financings were as follows (in thousands): Three Months Ended Six Months Ended September 28, September 29, September 28, September 29, Balance at the beginning of the period $ 206 $ 2,697 $ 491 $ 3,515 Accretion (206 ) (774 ) (577 ) (1,577 ) Adjustment to cash flows — (89 ) 86 (104 ) Balance at the end of the period $ — $ 1,834 $ — $ 1,834 The Company has entered into secured credit facilities with independent third party banks with draw periods from one to fifteen months and maturity dates of ten years after the expiration of the draw periods. This draw down period expired in September 2019. The proceeds are used by the Company to originate and hold consumer home-only loans secured by manufactured homes, which are pledged as collateral to the facilities. Upon completion of the draw down period, the facilities are converted into an amortizing loan based on a 20 or 25 year amortization period with a balloon payment due upon maturity . The maximum advance for loans under this program is 80% of the outstanding collateral principal balance, with the Company providing the remaining funds. As of September 28, 2019 , the outstanding balance of the converted loans was $11.0 million at a weighted average interest rate of 4.91% . See Note 9 for further discussion of the finance lease obligations.

Reinsurance

Reinsurance	6 Months Ended
	Sep. 28, 2019
Insurance [Abstract]
Reinsurance	Reinsurance Standard Casualty is primarily a specialty writer of manufactured home physical damage insurance. Certain of Standard Casualty's premiums and benefits are assumed from and ceded to other insurance companies under various reinsurance agreements. The ceded reinsurance agreements provide Standard Casualty with increased capacity to write larger risks and maintain its exposure to loss within its capital resources. Standard Casualty remains obligated for amounts ceded in the event that the reinsurers do not meet their obligations. Substantially all of Standard Casualty's assumed reinsurance is with one entity. The effects of reinsurance on premiums written and earned were as follows (in thousands): Three Months Ended September 28, 2019 September 29, 2018 Written Earned Written Earned Direct premiums $ 4,179 $ 4,653 $ 3,820 $ 4,249 Assumed premiums—nonaffiliate 6,760 6,592 6,280 6,350 Ceded premiums—nonaffiliate (3,029 ) (3,029 ) (3,135 ) (3,135 ) Net premiums $ 7,910 $ 8,216 $ 6,965 $ 7,464 Six Months Ended September 28, 2019 September 29, 2018 Written Earned Written Earned Direct premiums $ 9,212 $ 9,223 $ 8,361 $ 8,460 Assumed premiums—nonaffiliate 14,273 13,027 13,214 12,584 Ceded premiums—nonaffiliate (6,016 ) (6,016 ) (5,982 ) (5,982 ) Net premiums $ 17,469 $ 16,234 $ 15,593 $ 15,062 Typical insurance policies written or assumed by Standard Casualty have a maximum coverage of $300,000 per claim, of which Standard Casualty cedes $175,000 of the risk of loss per reinsurance. Therefore, Standard Casualty's risk of loss is limited to $125,000 per claim on typical policies, subject to the reinsurers meeting their obligations. After this limit, amounts are recoverable by Standard Casualty through reinsurance for catastrophic losses in excess of $1.5 million per occurrence, up to a maximum of $43.5 million in the aggregate. Purchasing reinsurance contracts protects Standard Casualty from frequency and/or severity of losses incurred on insurance policies issued, such as in the case of a catastrophe that generates a large number of serious claims on multiple policies at the same time. Under these agreements, the Company may be required to repurchase and reestablish its reinsurance contracts for the remainder of the year to the extent that they have been utilized. The Company has reinsurance reinstatement premium protection coverage, which will assist in reducing premium repurchase expense in the event of a catastrophic weather claim.

Income Taxes

Income Taxes	6 Months Ended
	Sep. 28, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company's deferred tax assets primarily result from financial statement accruals not currently deductible for tax purposes and differences in the acquired basis of certain assets, and its deferred tax liabilities primarily result from tax amortization of goodwill and other intangible assets. The Company complies with the provisions of ASC 740, Income Taxes ("ASC 740"), which clarifies the accounting for income taxes by prescribing a minimum recognition threshold a tax position is required to meet before recognition in the financial statements. ASC 740 also provides guidance on derecognizing, measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition. The amount of unrecognized tax benefits recorded by the Company is insignificant and the impact on the effective tax rate if all unrecognized tax benefits were recognized would also be insignificant. The Company classifies interest and penalties related to unrecognized tax benefits in tax expense. Income tax returns are filed in the U.S. federal jurisdiction and in several state jurisdictions. In general, the Company is no longer subject to examination by the Internal Revenue Service for years before fiscal year 2017 or state and local income tax examinations by tax authorities for years before fiscal year 2015. The Company believes that its income tax filing positions and deductions will be sustained on audit and does not anticipate any adjustments that will result in a material change to the Company's financial position. The total amount of unrecognized tax benefit related to any particular tax position is not anticipated to change significantly within the next 12 months. The provision for income taxes generally represents income taxes paid or payable for the current year plus the change in deferred taxes during the year.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Sep. 28, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Repurchase Contingencies . The Company is contingently liable under terms of repurchase agreements with financial institutions providing inventory financing for independent distributors of its products. These arrangements, which are customary in the industry, provide for the repurchase of products sold to distributors in the event of default by the distributor. The risk of loss under these agreements is spread over numerous distributors. The price the Company is obligated to pay generally declines over the period of the agreement ( generally 18 to 36 months, calculated from the date of sale to the distributor ) and the risk of loss is further reduced by the resale value of the repurchased homes. The maximum amount for which the Company was contingently liable under such agreements approximated $ 93.8 million at September 28, 2019 , without reduction for the resale value of the homes. The Company applies ASC 460, Guarantees ("ASC 460"), and ASC 450-20, Loss Contingencies ("ASC 450-20"), to account for its liability for repurchase commitments. Under the provisions of ASC 460, the Company records the greater of the estimated value of the non-contingent obligation (accounted for pursuant to ASC 460) or a contingent liability for each repurchase arrangement (accounted for under the provisions of ASC 450-20). The Company recorded an estimated liability of $3.0 million and $2.4 million at September 28, 2019 and March 30, 2019 , respectively, related to the commitments pertaining to these agreements. Letters of Credit. To secure certain reinsurance contracts, Standard Casualty maintains an irrevocable letter of credit of $11.0 million to provide assurance that Standard Casualty will fulfill its reinsurance obligations. This letter of credit is secured by certain of the Company's investments. There were no amounts outstanding at either September 28, 2019 or March 30, 2019 . Construction-Period Mortgages. CountryPlace funds construction-period mortgages through periodic advances during home construction. At the time of initial funding, CountryPlace commits to fully fund the loan contract in accordance with a predetermined schedule. Subsequent advances are contingent upon the performance of contractual obligations by the seller of the home and the borrower. Cumulative advances on construction-period mortgages are carried on the Consolidated Balance Sheets at the amount advanced less a valuation allowance, and are included in Consumer loans receivable, net. The total loan contract amount, less cumulative advances, represents an off-balance sheet contingent commitment of CountryPlace to fund future advances. Loan contracts with off-balance sheet commitments are summarized below (in thousands): September 28, March 30, Construction loan contract amount $ 32,822 $ 28,230 Cumulative advances (14,261 ) (12,883 ) Remaining construction contingent commitment $ 18,561 $ 15,347 Representations and Warranties of Mortgages Sold . CountryPlace sells loans to Government-Sponsored Enterprises ("GSEs") and whole-loan purchasers and finances certain loans with long-term credit facilities secured by the respective loans. In connection with these activities, CountryPlace provides to the GSEs, whole-loan purchasers and lenders, representations and warranties related to the loans sold or financed. These representations and warranties generally relate to the ownership of the loan, the validity of the lien securing the loan, the loan's compliance with the criteria for inclusion in the sale transactions, including compliance with underwriting standards or loan criteria established by the buyer, and CountryPlace's ability to deliver documentation in compliance with applicable laws. Generally, representations and warranties may be enforced at any time over the life of the loan. Upon a breach of a representation, CountryPlace may be required to repurchase the loan or to indemnify a party for incurred losses. Repurchase demands and claims for indemnification payments are reviewed on a loan-by-loan basis to validate if there has been a breach requiring repurchase. CountryPlace manages the risk of repurchase through underwriting and quality assurance practices and by servicing the mortgage loans to investor standards. CountryPlace maintains a reserve for these contingent repurchase and indemnification obligations. This reserve of $1.0 million as of September 28, 2019 and March 30, 2019 , included in Accrued liabilities, reflects management's estimate of probable loss. CountryPlace considers a variety of assumptions, including borrower performance (both actual and estimated future defaults), historical repurchase demands and loan default rates to estimate the liability for loan repurchases and indemnifications. During the six months ended September 28, 2019 , no claim request resulted in the execution of an indemnification agreement or in the repurchase of a loan. Interest Rate Lock Commitments . In originating loans for sale, CountryPlace issues interest rate lock commitments ("IRLCs") to prospective borrowers. These IRLCs represent an agreement to extend credit to a loan applicant, whereby the interest rate on the loan is set prior to loan closing or sale. These IRLCs bind CountryPlace to fund the approved loan at the specified rate regardless of whether interest rates or market prices for similar loans have changed between the commitment date and the closing date. As such, outstanding IRLCs are subject to interest rate risk and related loan sale price risk during the period from the date of the IRLC through the earlier of the loan sale date or IRLC expiration date. The loan commitments generally range between 30 and 180 days; however, borrowers are not obligated to close the related loans. As a result, CountryPlace is subject to fallout risk related to IRLCs, which is realized if approved borrowers choose not to close on the loans within the terms of the IRLCs unless the commitment is successfully paired with another loan that may mitigate losses from fallout. As of September 28, 2019 , CountryPlace had outstanding IRLCs with a notional amount of $ 18.6 million , which are recorded at fair value in accordance with ASC 815, Derivatives and Hedging ("ASC 815"). ASC 815 clarifies that the expected net future cash flows related to the associated servicing of a loan should be included in the measurement of all written loan commitments that are accounted for at fair value through earnings. The estimated fair value of IRLCs is recorded in Prepaid expenses and other current assets in the Consolidated Balance Sheets. The fair value of IRLCs is based on the value of the underlying loan adjusted for: (1) estimated cost to complete and originate the loan and (2) the estimated percentage of IRLCs that will result in closed loans. The initial and subsequent changes in the value of IRLCs are a component of gain (loss) on loans held for sale. During the three and six months ended September 28, 2019 , CountryPlace recognized losses of $2,000 and $3,000 respectively, on outstanding IRLCs. During the three and six months ended September 29, 2018 , CountryPlace recognized losses of $8,000 and gains of $12,000 , respectively, on outstanding IRLCs. Forward Sales Commitments . CountryPlace manages the risk profiles of a portion of its outstanding IRLCs and mortgage loans held for sale by entering into forward sales of mortgage-backed securities ("MBS") and whole loan sale commitments. As of September 28, 2019 , CountryPlace had $53.9 million in outstanding notional forward sales of MBSs and forward sales commitments. Commitments for forward sales of whole loans are typically in an amount proportionate with the amount of IRLCs expected to close in particular time frames, assuming no change in mortgage interest rates, for the respective loan products intended for whole loan sale. The estimated fair values of forward sales of MBS and forward sale commitments are based on quoted market values and are recorded within Prepaid expenses and other current assets in the Consolidated Balance Sheets. During the three and six months ended September 28, 2019 , CountryPlace recognized gains of $49,000 and $84,000 on forward sales and whole loan sale commitments, respectively. CountryPlace recognized gains of $237,000 and $62,000 on forward sales and whole loan sale commitments during the three and six months ended September 29, 2018 , respectively. Legal Matters. Since August 2018, the Company has been cooperating with an investigation by the SEC's enforcement staff in Los Angeles regarding trading in another public company’s securities by the Company, its former Chief Executive Officer and others outside the Company. The Audit Committee of the Board of Directors conducted and completed an internal investigation led by independent legal counsel and other advisers to assess the Company's trading. The results of the Audit Committee’s work have been shared with the Company’s auditors, listing exchange and with the SEC staff. The Company intends to continue cooperating with the SEC in this matter. The Company is party to certain other legal proceedings that arise in the ordinary course and are incidental to its business. Certain of the claims pending against the Company in these proceedings allege, among other things, breach of contract, product liability and warranty, personal injury and employment. Although litigation is inherently uncertain, based on past experience and the information currently available, management does not believe that the currently pending and threatened litigation or claims will have a material adverse effect on the Company's consolidated financial position, liquidity or results of operations. However, future events or circumstances that may currently be unknown to management will determine whether the resolution of pending or threatened litigation or claims will ultimately have a material effect on the Company's consolidated financial position, liquidity or results of operations in any future reporting periods.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Sep. 28, 2019
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Stockholders' Equity The following table represents changes in stockholders' equity for each quarterly period during the six months ended September 28, 2019 (dollars in thousands): Additional paid-in capital Retained earnings Accumulated other comprehensive income (loss) Total Common Stock Shares Amount Balance, March 30, 2019 9,098,320 $ 91 $ 249,447 $ 280,078 $ (28 ) $ 529,588 Net income — — — 21,282 — 21,282 Issuance of common stock under stock incentive plans 13,304 — (1,252 ) — — (1,252 ) Stock-based compensation — — 630 — — 630 Other comprehensive income, net — — — — 89 89 Balance, June 29, 2019 9,111,624 $ 91 $ 248,825 $ 301,360 $ 61 $ 550,337 Net income — — — 20,885 — 20,885 Issuance of common stock under stock incentive plans 15,842 — 941 — — 941 Stock-based compensation — — 818 — — 818 Other comprehensive income, net — — — — 23 23 Balance, September 28, 2019 9,127,466 $ 91 $ 250,584 $ 322,245 $ 84 $ 573,004 The following table represents changes in stockholders' equity for each quarterly period during the six months ended September 29, 2018 (dollars in thousands): Additional paid-in capital Retained earnings Accumulated other comprehensive income (loss) Total Common Stock Shares Amount Balance, March 31, 2018 9,044,858 $ 90 $ 246,197 $ 209,381 $ 1,438 $ 457,106 Cumulative effect of implementing ASU 2016-01, net — — — 1,621 (1,621 ) — Cumulative effect of implementing ASC 606, net — — — 454 — 454 Net income — — — 19,691 — 19,691 Issuance of common stock under stock incentive plans 16,448 1 (2,169 ) — — (2,168 ) Stock-based compensation — — 599 — — 599 Other comprehensive income, net — — — — 5 5 Balance, June 30, 2018 9,061,306 $ 91 $ 244,627 $ 231,147 $ (178 ) $ 475,687 Net income — — — 15,576 — 15,576 Issuance of common stock under stock incentive plans 36,053 — 1,995 — — 1,995 Stock-based compensation — — 1,516 — — 1,516 Other comprehensive loss, net — — — — (26 ) (26 ) Balance, September 29, 2018 9,097,359 $ 91 $ 248,138 $ 246,723 $ (204 ) $ 494,748

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Sep. 28, 2019
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company maintains stock incentive plans whereby stock option grants or awards of restricted stock may be made to certain officers, directors and key employees. The plans, which are shareholder approved, permit the award of up to 1,650,000 shares of the Company's common stock, of which 229,347 shares were still available for grant as of September 28, 2019 . When options are exercised or restricted stock vests, new shares of the Company's common stock are issued, or the restricted stock shares are no longer restricted. Awards may not be granted below 100% of the fair market value of the Company's common stock at the date of grant and generally expire seven years from the date of grant. Stock options and awards of restricted stock vest over a defined period or based on certain performance criteria, as determined by the plan administrator (the Compensation Committee of the Board of Directors, which consists of independent directors), but typically is no more than five years . The stock incentive plans provide for accelerated vesting of stock options and removal of restrictions on restricted stock awards upon a change in control (as defined in the plans). Stock-based compensation cost charged against income for the three and six months ended September 28, 2019 was $818,000 and $1.4 million , respectively. The Company recorded stock-based compensation expense of $1.5 million and $2.1 million for the three and six months ended September 29, 2018 , respectively. As of September 28, 2019 , total unrecognized compensation cost related to stock options was approximately $6.6 million and the related weighted-average period over which it is expected to be recognized is approximately 3.06 years . Stock Options. The fair value of each stock option award is estimated on the date of the grant using the Black-Scholes-Merton option pricing model, which requires the input of assumptions. The Company estimates the risk-free interest rate based on the U.S. Treasury security rate in effect at the time of the grant. The expected life of the options, volatility and dividend rates are estimated based on historical data. The following table summarizes stock option activity for the six months ended September 28, 2019 : Number of Options Outstanding at March 30, 2019 411,111 Granted 74,450 Exercised (47,724 ) Canceled or expired — Outstanding at September 28, 2019 437,837 Exercisable at September 28, 2019 219,838 Restricted Stock Awards. The fair value of restricted stock awards is estimated as the closing price of the Company's common stock on the date of grant. A summary of restricted stock award activity is as follows: Number of Shares Performance-Based Awards Service-Based Awards Total Outstanding at March 30, 2019 — — — Awarded 7,200 4,650 11,850 Released — (400 ) (400 ) Canceled or expired — — — Outstanding at September 28, 2019 7,200 4,250 11,450 Unvested target stock awards that vest based upon performance conditions through fiscal year 2022 7,200

Earnings Per Share

Earnings Per Share	6 Months Ended
	Sep. 28, 2019
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic earnings per common share is computed based on the weighted-average number of common shares outstanding during the reporting period. Diluted earnings per common share is computed based on the combination of dilutive common share equivalents, comprised of shares issuable under the Company's stock-based compensation plans and the weighted-average number of common shares outstanding during the reporting period. Dilutive common share equivalents include the dilutive effect of in-the-money options to purchase shares, which is calculated based on the average share price for each period using the treasury stock method. The following table sets forth the computation of basic and diluted earnings per share (dollars in thousands, except share and per share amounts): Three Months Ended Six Months Ended September 28, September 29, September 28, September 29, Net income $ 20,885 $ 15,576 $ 42,167 $ 35,267 Weighted average shares outstanding: Basic 9,119,835 9,079,679 9,111,260 9,064,007 Effect of dilutive securities 146,250 224,509 130,574 223,723 Diluted 9,266,085 9,304,188 9,241,834 9,287,730 Net income per share: Basic $ 2.29 $ 1.72 $ 4.63 $ 3.89 Diluted $ 2.25 $ 1.67 $ 4.56 $ 3.80 Anti-dilutive common stock equivalents excluded from the computation of diluted earnings per share for the three and six months ended September 28, 2019 were 22,536 and 42,401 , respectively. In addition, 11,450 outstanding restricted share awards were excluded from the calculation of diluted earnings per share for the six months ended September 28, 2019 because the underlying vesting criteria had not yet been met. For the three and six months ended September 29, 2018 , anti-dilutive common stock equivalents excluded from the computation of diluted earnings per share were 3,751 and 6,682 , respectively.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Sep. 28, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The book value and estimated fair value of the Company's financial instruments were as follows (in thousands): September 28, 2019 March 30, 2019 Book Value Estimated Fair Value Book Value Estimated Fair Value Available-for-sale debt securities (1) $ 12,181 $ 12,181 $ 13,408 $ 13,408 Marketable equity securities (1) 12,649 12,649 11,073 11,073 Non-marketable equity investments (2) 20,926 20,926 20,276 20,276 Consumer loans receivable (3) 88,952 104,294 86,785 101,001 Interest rate lock commitment derivatives (4) 8 8 11 11 Forward loan sale commitment derivatives (4) 25 25 (59 ) (59 ) Commercial loans receivable (5) 46,259 46,801 43,006 43,582 Securitized financings and other (6) (16,234 ) (19,755 ) (34,140 ) (38,101 ) (1) For Level 1 classified securities, the fair value is based on quoted market prices. The fair value of Level 2 securities is based on other inputs, as further described below. (2) The fair value approximates book value based on the non-marketable nature of the investments. (3) Includes consumer loans receivable held for investment, held for sale and construction advances. The fair value of the loans held for investment is based on the discounted value of the remaining principal and interest cash flows. The fair value of the loans held for sale is estimated based on recent GSE mortgage-backed bond prices. The fair value of the construction advances approximates book value and the sales price of these loans. (4) The fair values are based on changes in GSE mortgage-backed bond prices and, additionally for IRLCs, pull through rates. (5) The fair value is estimated using market interest rates of comparable loans. (6) The fair value is estimated using recent public transactions of similar asset-backed securities. In accordance with ASC 820, Fair Value Measurements and Disclosures ("ASC 820"), fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level 1 – Quoted prices in active markets for identical assets or liabilities. Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The Company utilizes the market approach to measure fair value for its financial assets and liabilities. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. When the Company uses observable market prices for identical securities that are traded in less active markets, it classifies such securities as Level 2. When observable market prices for identical securities are not available, the Company prices its marketable debt instruments using non-binding market consensus prices that are corroborated with observable market data; quoted market prices for similar instruments; or pricing models, such as a discounted cash flow model, with all significant inputs derived from or corroborated with observable market data. Non-binding market consensus prices are based on the proprietary valuation models of pricing providers or brokers. These valuation models incorporate a number of inputs, including non-binding and binding broker quotes; observable market prices for identical or similar securities; and the internal assumptions of pricing providers or brokers that use observable market inputs and, to a lesser degree, unobservable market inputs. Assets and liabilities measured at fair value on a recurring basis are summarized below (in thousands): September 28, 2019 Total Level 1 Level 2 Level 3 Securities issued by the U.S Treasury and Government (1) $ 300 $ — $ 300 $ — Mortgage-backed securities (1) 6,142 — 6,142 — Securities issued by states and political subdivisions (1) 3,842 — 3,842 — Corporate debt securities (1) 1,897 — 1,897 — Marketable equity securities (2) 12,649 12,649 — — Interest rate lock commitment derivatives (3) 8 — — 8 Forward loan sale commitment derivatives (3) 25 — — 25 Mortgage servicing rights (4) 1,278 — — 1,278 March 30, 2019 Total Level 1 Level 2 Level 3 Securities issued by the U.S Treasury and Government (1) $ 297 $ — $ 297 $ — Mortgage-backed securities (1) 6,509 — 6,509 — Securities issued by states and political subdivisions (1) 4,983 — 4,983 — Corporate debt securities (1) 1,619 — 1,619 — Marketable equity securities (2) 11,073 11,073 — — Interest rate lock commitment derivatives (3) 11 — — 11 Forward loan sale commitment derivatives (3) (59 ) — — (59 ) Mortgage servicing rights (4) 1,372 — — 1,372 (1) Unrealized gains or losses on investments are recorded in Accumulated other comprehensive income (loss) at each measurement date. (2) Unrealized gains or losses on investments are recorded in earnings at each measurement date. (3) Gains or losses on derivatives are recognized in current period earnings through Cost of sales. (4) Changes in the fair value of mortgage servicing rights are recognized in the current period earnings through Net revenue. No transfers between Level 1, Level 2 or Level 3 occurred during the six months ended September 28, 2019 . The Company's policy regarding the recording of transfers between levels is to record any such transfers at the end of the reporting period. Financial instruments for which fair value is disclosed but not required to be recognized in the balance sheet on a recurring basis are summarized below (in thousands): September 28, 2019 Total Level 1 Level 2 Level 3 Loans held for investment $ 72,546 $ — $ — $ 72,546 Loans held for sale 17,487 — — 17,487 Loans held—construction advances 14,261 — — 14,261 Commercial loans receivable 46,801 — — 46,801 Securitized financings and other (19,755 ) — (19,755 ) — Non-marketable equity investments 20,926 — — 20,926 March 30, 2019 Total Level 1 Level 2 Level 3 Loans held for investment $ 76,319 $ — $ — $ 76,319 Loans held for sale 11,799 — — 11,799 Loans held—construction advances 12,883 — — 12,883 Commercial loans receivable 43,582 — — 43,582 Securitized financings and other (38,101 ) — (38,101 ) — Non-marketable equity investments 20,276 — — 20,276 No recent sales have been executed in an orderly market of manufactured home loan portfolios with comparable product features, credit characteristics or performance. Therefore, loans held for investment are measured using Level 3 inputs that are calculated using estimated discounted future cash flows from the evaluation of loan credit quality and performance history to determine expected prepayments and defaults on the portfolio, discounted with rates considered to reflect current market conditions. Loans held for sale are measured at the lower of cost or fair value using inputs that consist of quoted market prices for mortgage-backed securities or investor purchase commitments for similar types of loan commitments on hand from investors. These loans are held for relatively short periods, typically no more than 45 days . As a result, changes in loan-specific credit risk are not a significant component of the change in fair value and changes are largely driven by changes in interest rates or investor yield requirements. The cost of loans held for sale was lower than the fair value as of September 28, 2019 . As noted above, activity in the manufactured housing asset-backed securities market is infrequent with no reliable market price information. As such, to determine the fair value of securitized financings, management evaluates the credit quality and performance history of the underlying loan assets to estimate the expected prepayment of the debt and credit spreads, based on market activity for similar rated bonds from other asset classes with similar durations. The Company records impairment losses on long-lived assets held for sale when the fair value of such long-lived assets is below their carrying values. The Company records impairment charges on long-lived assets used in operations when events and circumstances indicate that long-lived assets might be impaired and the undiscounted cash flows estimated to be generated by those assets are less than their carrying amounts. No impairment charges were recorded during the six months ended September 28, 2019 . Mortgage Servicing . Mortgage Servicing Rights ("MSRs") are the rights to receive a portion of the interest coupon and fees collected from the mortgagors for performing specified mortgage servicing activities, which consist of collecting loan payments, remitting principal and interest payments to investors, managing escrow accounts, performing loss mitigation activities on behalf of investors and otherwise administering the loan servicing portfolio. MSRs are initially recorded at fair value. Changes in fair value subsequent to the initial capitalization are recorded in the Company's results of operations. The Company recognizes MSRs on all loans sold to investors that meet the requirements for sale accounting and for which servicing rights are retained. The Company applies fair value accounting to MSRs, with all changes in fair value recorded to Net revenue in accordance with ASC 860-50, Servicing Assets and Liabilities . The fair value of MSRs is based on the present value of the expected future cash flows related to servicing these loans. The revenue components of the cash flows are servicing fees, interest earned on custodial accounts and other ancillary income. The expense components include operating costs related to servicing the loans (including delinquency and foreclosure costs) and interest expenses on servicer advances that are consistent with the assumptions major market participants use in valuing MSRs. The expected cash flows are primarily impacted by prepayment estimates, delinquencies and market discounts. Generally, the value of MSRs is expected to increase when interest rates rise and decrease when interest rates decline, due to the effect those changes in interest rates have on prepayment estimates. Other factors noted above as well as the overall market demand for MSRs may also affect the valuation. September 28, March 30, Number of loans serviced with MSRs 4,596 4,557 Weighted average servicing fee (basis points) 31.12 31.59 Capitalized servicing multiple 72.30 % 77.97 % Capitalized servicing rate (basis points) 22.50 24.63 Serviced portfolio with MSRs (in thousands) $ 567,886 $ 556,934 Mortgage servicing rights (in thousands) $ 1,278 $ 1,372

Related Party Transactions

Related Party Transactions	6 Months Ended
	Sep. 28, 2019
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions The Company has non-marketable equity investments in other distribution operations outside of Company-owned retail locations. In the ordinary course of business, the Company sells homes and lends to certain of these operations through its commercial lending programs. For the three and six months ended September 28, 2019 , the total sales to related parties were $10.4 million and $23.8 million , respectively. Total sales to related parties for the three and six months ended September 29, 2018 were $9.5 million and $21.2 million , respectively. As of September 28, 2019 and March 30, 2019 , there were a total of $8.1 million and $6.2 million of commercial loans outstanding with certain related parties, respectively.

Acquisition of Destiny Homes

Acquisition of Destiny Homes	6 Months Ended
	Sep. 28, 2019
Business Combinations [Abstract]
Acquisition of Destiny Homes	Acquisition of Destiny Homes On August 2, 2019, the Company purchased certain manufactured housing assets and assumed certain liabilities of Destiny Homes, which operates one manufacturing facility located in Moultrie, Georgia and produces and distributes manufactured and modular homes through a network of independent retailers in the Southeastern United States, further expanding the Company’s reach. The transaction was accounted for as business combination and the results of operations have been included in the accompanying consolidated financial statements since the date of acquisition. The acquisition-date fair value of the total consideration was $16.5 million , which is subject to future adjustments. Neither Destiny Homes nor the Company incurred debt in connection with the purchase or subsequent operations. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the acquisition date (in thousands). Certain estimated values are not yet finalized and are subject to change, which could be significant. The allocation of the purchase price is still preliminary due to the short duration since the acquisition date and will be finalized upon completion of the analysis of the fair values of Destiny Home’s assets and specified liabilities. The Company will finalize the amounts recognized as we obtain the information necessary to complete the analysis. We expect to finalize these amounts as soon as possible but no later than one year from the acquisition date. August 2, Accounts receivable $ 908 Inventories 5,508 Property, plant and equipment, net 5,244 Other current assets 3,290 Intangible assets (1) 5,940 Total identifiable assets acquired $ 20,890 Accounts payable and accrued liabilities $ (6,527 ) Net identifiable assets acquired 14,363 Goodwill 2,104 Net assets acquired $ 16,467 (1) Includes $1.7 million assigned to trademarks and trade names, which are considered indefinite lived intangible assets and are not subject to amortization and $4.2 million assigned to customer-related intangible subject to a useful life of 10 years amortized on a straight-line basis. Since the acquisition date, Destiny Homes contributed net revenue of $6.4 million and reduced consolidated net income on the Company's Consolidated Statements of Comprehensive Income for the three months ended September 28, 2019 by $136,000 . Net income from the Destiny Homes acquisition included required purchase accounting adjustments whereby home product inventory is recorded at fair value upon acquisition. This had the effect of eliminating profits from the related home sales after the acquisition date. These purchase accounting adjustments are expected to continue into subsequent periods. Pro Forma Impact of Acquisition . The following table presents supplemental pro forma information as if the acquisition of Destiny Homes had occurred on April 1, 2018 (in thousands, except per share data): Three Months Ended Six Months Ended September 28, September 29, September 28, September 29, Net revenue $ 270,239 $ 252,925 $ 543,951 $ 511,369 Net income 21,165 16,250 43,807 37,464 Diluted net income per share 2.28 1.75 4.74 4.03

Business Segment Information

Business Segment Information	6 Months Ended
	Sep. 28, 2019
Segment Reporting [Abstract]
Business Segment Information	Business Segment Information The Company operates principally in two segments: (1) factory-built housing, which includes wholesale and retail systems-built housing operations and (2) financial services, which includes manufactured housing consumer finance and insurance. The following table details Net revenue and Income before income taxes by segment (in thousands): Three Months Ended Six Months Ended September 28, September 29, September 28, September 29, Net revenue: Factory-built housing $ 252,690 $ 227,094 $ 501,458 $ 459,856 Financial services 15,985 14,436 31,259 28,077 $ 268,675 $ 241,530 $ 532,717 $ 487,933 Income before income taxes: Factory-built housing $ 22,463 $ 16,880 $ 46,776 $ 38,488 Financial services 4,792 2,637 7,841 5,165 $ 27,255 $ 19,517 $ 54,617 $ 43,653

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Sep. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles of Consolidation	The accompanying unaudited Consolidated Financial Statements of Cavco Industries, Inc. and its subsidiaries (collectively, the "Company" or "Cavco") have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC") for Quarterly Reports on Form 10-Q and Article 10 of SEC Regulation S-X. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles ("GAAP") have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, these financial statements include all adjustments, including normal recurring adjustments, that Cavco believes are necessary to fairly state the results for the periods presented. Certain prior period amounts have been reclassified to conform to current period classification. The Company has evaluated subsequent events after the balance sheet date through the date of the filing of this report with the SEC, and there were no disclosable subsequent events. These Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and the Notes to the Consolidated Financial Statements included in the Company's 2019 Annual Report on Form 10-K for the year ended March 30, 2019 , filed with the SEC on May 28, 2019 ("Form 10-K"). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and the accompanying Notes to the Consolidated Financial Statements ("Notes"). Actual results could differ from those estimates. The Consolidated Statements of Comprehensive Income and Consolidated Statements of Cash Flows for the interim periods are not necessarily indicative of the results or cash flows for the full year. The Company operates on a 52-53 week fiscal year ending on the Saturday nearest to March 31 st of each year. Each fiscal quarter consists of 13 weeks, with an occasional fourth quarter extending to 14 weeks, if necessary, for the fiscal year to end on the Saturday nearest to March 31 st . The Company's current fiscal year will end on March 28, 2020 . The Company operates principally in two segments: (1) factory-built housing, which includes wholesale and retail systems-built housing operations, and (2) financial services, which includes manufactured housing consumer finance and insurance. The Company designs and builds a wide variety of affordable manufactured homes, modular homes and park model RVs in 20 factories located throughout the United States, which are sold to a network of independent distributors, through the Company's 39 Company-owned retail stores and to community owners and developers. Our financial services group is comprised of a finance subsidiary, CountryPlace Acceptance Corp. ("CountryPlace"), and an insurance subsidiary, Standard Casualty Co. ("Standard Casualty"). CountryPlace is an approved Federal National Mortgage Association and Federal Home Loan Mortgage Corporation seller/servicer and a Government National Mortgage Association mortgage-backed securities issuer that offers conforming mortgages, non-conforming mortgages and home-only loans to purchasers of factory-built homes. Standard Casualty provides property and casualty insurance primarily to owners of manufactured homes.
Adoption of New Accounting Standards	Adoption of New Accounting Standards. In February 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2016-02, Leases ("Topic 842"). This guidance amends previous accounting considerations and treatments for leases to increase transparency and comparability among organizations by requiring the recognition of right-of-use ("ROU") assets and lease liabilities on the balance sheet for both finance leases and operating leases. For finance leases, the lessee recognizes interest expense and amortization of the ROU asset and for operating leases, the lessee recognizes straight-line lease expense. Effective March 31, 2019, the Company adopted Topic 842 using the modified retrospective transition approach. This approach provides a method for recording existing leases at adoption, without restating comparative periods. The Company also elected to adopt the package of practical expedients provided in the guidance, which allowed the Company to retain the historical classification for each lease, and provided relief from reviewing existing or expired contracts to determine if they contain leases under the new guidance. In addition, an accounting policy election was made to account for non-lease and lease components as a single lease component for all asset classes. The Company also made an accounting policy election to exclude ROU assets and lease liabilities for leases with an initial term of twelve months or less from the Consolidated Balance Sheet. Adoption of the new standard resulted in an addition of net operating lease ROU assets and lease liabilities of $13.0 million and $13.5 million , respectively, to the Company’s Consolidated Balance Sheet as of March 31, 2019. The difference between the additional lease assets and lease liabilities reflects existing accrued rent balances that were reclassified to the operating lease ROU asset as of March 31, 2019. The standard did not materially impact our consolidated Net income and had no impact on cash flows. See Note 9 for additional information.
Accounting Standards Issued But Not Yet Adopted	Accounting Standards Issued But Not Yet Adopted. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments ("ASU 2016-13"). ASU 2016-13 changes the impairment model for most financial assets and certain other instruments, which will now require a forward-looking impairment model based on expected losses rather than incurred losses. The guidance also requires increased disclosures. ASU 2016-13 will be effective beginning with the first quarter of the Company's fiscal year 2021 and will be applied using a modified retrospective transition method. While early adoption is permitted, the Company does not plan to early adopt the guidance. The Company is currently evaluating the effect ASU 2016-13 will have on the Company's Consolidated Financial Statements and disclosures. From time to time, new accounting pronouncements are issued by the FASB and other regulatory bodies that are adopted by the Company as of the specified effective dates. Unless otherwise discussed, management believes that the impact of recently issued standards, which are not yet effective, will not have a material impact on the Company's Consolidated Financial Statements upon adoption.
Significant Accounting Policies	For a description of other significant accounting policies used by the Company in the preparation of its Consolidated Financial Statements, please refer to Note 1 of the Notes to Consolidated Financial Statements included in the Form 10-K.

Debt and Finance Lease Obliga_2

Debt and Finance Lease Obligations Debt Obligations (Policies)	6 Months Ended
	Sep. 28, 2019
Debt Disclosure [Abstract]
Accounting policy for debt	Acquired securitized financings were recorded at fair value at the time of acquisition, which resulted in a discount, and subsequently are accounted for in a manner similar to FASB Accounting Standards Codification ("ASC") 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality to accrete the discount.

Commitments and Contingencies (

Commitments and Contingencies (Policies)	6 Months Ended
	Sep. 28, 2019
Commitments and Contingencies Disclosure [Abstract]
Repurchase Contingencies	Repurchase Contingencies . The Company is contingently liable under terms of repurchase agreements with financial institutions providing inventory financing for independent distributors of its products. These arrangements, which are customary in the industry, provide for the repurchase of products sold to distributors in the event of default by the distributor. The risk of loss under these agreements is spread over numerous distributors. The price the Company is obligated to pay generally declines over the period of the agreement ( generally 18 to 36 months, calculated from the date of sale to the distributor ) and the risk of loss is further reduced by the resale value of the repurchased homes. The maximum amount for which the Company was contingently liable under such agreements approximated $ 93.8 million at September 28, 2019 , without reduction for the resale value of the homes. The Company applies ASC 460, Guarantees ("ASC 460"), and ASC 450-20, Loss Contingencies ("ASC 450-20"), to account for its liability for repurchase commitments. Under the provisions of ASC 460, the Company records the greater of the estimated value of the non-contingent obligation (accounted for pursuant to ASC 460) or a contingent liability for each repurchase arrangement (accounted for under the provisions of ASC 450-20). The Company recorded an estimated liability of $3.0 million and $2.4 million at September 28, 2019 and March 30, 2019 , respectively, related to the commitments pertaining to these agreements.
Representations and Warranties of Mortgages Sold	Representations and Warranties of Mortgages Sold . CountryPlace sells loans to Government-Sponsored Enterprises ("GSEs") and whole-loan purchasers and finances certain loans with long-term credit facilities secured by the respective loans. In connection with these activities, CountryPlace provides to the GSEs, whole-loan purchasers and lenders, representations and warranties related to the loans sold or financed. These representations and warranties generally relate to the ownership of the loan, the validity of the lien securing the loan, the loan's compliance with the criteria for inclusion in the sale transactions, including compliance with underwriting standards or loan criteria established by the buyer, and CountryPlace's ability to deliver documentation in compliance with applicable laws. Generally, representations and warranties may be enforced at any time over the life of the loan. Upon a breach of a representation, CountryPlace may be required to repurchase the loan or to indemnify a party for incurred losses. Repurchase demands and claims for indemnification payments are reviewed on a loan-by-loan basis to validate if there has been a breach requiring repurchase. CountryPlace manages the risk of repurchase through underwriting and quality assurance practices and by servicing the mortgage loans to investor standards. CountryPlace maintains a reserve for these contingent repurchase and indemnification obligations. This reserve of $1.0 million as of September 28, 2019 and March 30, 2019 , included in Accrued liabilities, reflects management's estimate of probable loss. CountryPlace considers a variety of assumptions, including borrower performance (both actual and estimated future defaults), historical repurchase demands and loan default rates to estimate the liability for loan repurchases and indemnifications. During the six months ended September 28, 2019
Derivatives	Interest Rate Lock Commitments . In originating loans for sale, CountryPlace issues interest rate lock commitments ("IRLCs") to prospective borrowers. These IRLCs represent an agreement to extend credit to a loan applicant, whereby the interest rate on the loan is set prior to loan closing or sale. These IRLCs bind CountryPlace to fund the approved loan at the specified rate regardless of whether interest rates or market prices for similar loans have changed between the commitment date and the closing date. As such, outstanding IRLCs are subject to interest rate risk and related loan sale price risk during the period from the date of the IRLC through the earlier of the loan sale date or IRLC expiration date. The loan commitments generally range between 30 and 180 days; however, borrowers are not obligated to close the related loans. As a result, CountryPlace is subject to fallout risk related to IRLCs, which is realized if approved borrowers choose not to close on the loans within the terms of the IRLCs unless the commitment is successfully paired with another loan that may mitigate losses from fallout. As of September 28, 2019 , CountryPlace had outstanding IRLCs with a notional amount of $ 18.6 million , which are recorded at fair value in accordance with ASC 815, Derivatives and Hedging ("ASC 815"). ASC 815 clarifies that the expected net future cash flows related to the associated servicing of a loan should be included in the measurement of all written loan commitments that are accounted for at fair value through earnings. The estimated fair value of IRLCs is recorded in Prepaid expenses and other current assets in the Consolidated Balance Sheets. The fair value of IRLCs is based on the value of the underlying loan adjusted for: (1) estimated cost to complete and originate the loan and (2) the estimated percentage of IRLCs that will result in closed loans. The initial and subsequent changes in the value of IRLCs are a component of gain (loss) on loans held for sale. During the three and six months ended September 28, 2019 , CountryPlace recognized losses of $2,000 and $3,000 respectively, on outstanding IRLCs. During the three and six months ended September 29, 2018 , CountryPlace recognized losses of $8,000 and gains of $12,000 , respectively, on outstanding IRLCs. Forward Sales Commitments . CountryPlace manages the risk profiles of a portion of its outstanding IRLCs and mortgage loans held for sale by entering into forward sales of mortgage-backed securities ("MBS") and whole loan sale commitments. As of September 28, 2019 , CountryPlace had $53.9 million in outstanding notional forward sales of MBSs and forward sales commitments. Commitments for forward sales of whole loans are typically in an amount proportionate with the amount of IRLCs expected to close in particular time frames, assuming no change in mortgage interest rates, for the respective loan products intended for whole loan sale. The estimated fair values of forward sales of MBS and forward sale commitments are based on quoted market values and are recorded within Prepaid expenses and other current assets in the Consolidated Balance Sheets. During the three and six months ended September 28, 2019

Stock-Based Compensation Stock-

Stock-Based Compensation Stock-Based Compensation (Policies)	6 Months Ended
	Sep. 28, 2019
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	The Company maintains stock incentive plans whereby stock option grants or awards of restricted stock may be made to certain officers, directors and key employees. The plans, which are shareholder approved, permit the award of up to 1,650,000 shares of the Company's common stock, of which 229,347 shares were still available for grant as of September 28, 2019 . When options are exercised or restricted stock vests, new shares of the Company's common stock are issued, or the restricted stock shares are no longer restricted. Awards may not be granted below 100% of the fair market value of the Company's common stock at the date of grant and generally expire seven years from the date of grant. Stock options and awards of restricted stock vest over a defined period or based on certain performance criteria, as determined by the plan administrator (the Compensation Committee of the Board of Directors, which consists of independent directors), but typically is no more than five years . The stock incentive plans provide for accelerated vesting of stock options and removal of restrictions on restricted stock awards upon a change in control (as defined in the plans).

Earnings Per Share Earnings Per

Earnings Per Share Earnings Per Share (Policies)	6 Months Ended
	Sep. 28, 2019
Earnings Per Share [Abstract]
Earnings Per Share	Basic earnings per common share is computed based on the weighted-average number of common shares outstanding during the reporting period. Diluted earnings per common share is computed based on the combination of dilutive common share equivalents, comprised of shares issuable under the Company's stock-based compensation plans and the weighted-average number of common shares outstanding during the reporting period. Dilutive common share equivalents include the dilutive effect of in-the-money options to purchase shares, which is calculated based on the average share price for each period using the treasury stock method.

Fair Value Measurements (Polici

Fair Value Measurements (Policies)	6 Months Ended
	Sep. 28, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurement and Disclosures	In accordance with ASC 820, Fair Value Measurements and Disclosures ("ASC 820"), fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level 1 – Quoted prices in active markets for identical assets or liabilities. Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The Company utilizes the market approach to measure fair value for its financial assets and liabilities. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. When the Company uses observable market prices for identical securities that are traded in less active markets, it classifies such securities as Level 2. When observable market prices for identical securities are not available, the Company prices its marketable debt instruments using non-binding market consensus prices that are corroborated with observable market data; quoted market prices for similar instruments; or pricing models, such as a discounted cash flow model, with all significant inputs derived from or corroborated with observable market data. Non-binding market consensus prices are based on the proprietary valuation models of pricing providers or brokers. These valuation models incorporate a number of inputs, including non-binding and binding broker quotes; observable market prices for identical or similar securities; and the internal assumptions of pricing providers or brokers that use observable market inputs and, to a lesser degree, unobservable market inputs.
Fair Value Transfers	The Company's policy regarding the recording of transfers between levels is to record any such transfers at the end of the reporting period.
Impairment or Disposal of Long-Lived Assets	The Company records impairment losses on long-lived assets held for sale when the fair value of such long-lived assets is below their carrying values. The Company records impairment charges on long-lived assets used in operations when events and circumstances indicate that long-lived assets might be impaired and the undiscounted cash flows estimated to be generated by those assets are less than their carrying amounts. No impairment charges were recorded during the six months ended September 28, 2019 .
Transfers and Servicing of Financial Assets	Mortgage Servicing . Mortgage Servicing Rights ("MSRs") are the rights to receive a portion of the interest coupon and fees collected from the mortgagors for performing specified mortgage servicing activities, which consist of collecting loan payments, remitting principal and interest payments to investors, managing escrow accounts, performing loss mitigation activities on behalf of investors and otherwise administering the loan servicing portfolio. MSRs are initially recorded at fair value. Changes in fair value subsequent to the initial capitalization are recorded in the Company's results of operations. The Company recognizes MSRs on all loans sold to investors that meet the requirements for sale accounting and for which servicing rights are retained. The Company applies fair value accounting to MSRs, with all changes in fair value recorded to Net revenue in accordance with ASC 860-50, Servicing Assets and Liabilities

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	6 Months Ended
	Sep. 28, 2019
Disaggregation of Revenue [Line Items]
Disaggregation of Revenue	The following table summarizes customer contract revenues disaggregated by reportable segment and the source of revenue for the three and six months ended September 28, 2019 and September 29, 2018 (in thousands): Three Months Ended Six Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 Factory-built housing U.S. Housing and Urban Development code homes $ 207,556 $ 184,687 $ 410,035 $ 371,003 Modular homes 19,412 23,901 38,819 46,348 Park model RVs 11,751 5,979 24,612 17,706 Other (1) 13,971 12,527 27,992 24,799 Net revenue from factory-built housing 252,690 227,094 501,458 459,856 Financial services Insurance agency commissions received from third-party insurance companies 274 643 1,429 1,275 Other (2) 15,711 13,793 29,830 26,802 Net revenue from financial services 15,985 14,436 31,259 28,077 Total Net revenue $ 268,675 $ 241,530 $ 532,717 $ 487,933 (1) Other factory-built housing revenue from ancillary products and services including freight, used homes and other services.

Restricted Cash (Tables)

Restricted Cash (Tables)	6 Months Ended
	Sep. 28, 2019
Cash and Cash Equivalents [Abstract]
Summary of restricted cash	Restricted cash consisted of the following (in thousands): September 28, March 30, Cash related to CountryPlace customer payments to be remitted to third parties $ 13,948 $ 10,426 Cash related to CountryPlace customer payments on securitized loans to be remitted to bondholders — 634 Other restricted cash 1,383 1,439 $ 15,331 $ 12,499

Investments (Tables)

Investments (Tables)	6 Months Ended
	Sep. 28, 2019
Investments, Debt and Equity Securities [Abstract]
Investments	Investments Investments consisted of the following (in thousands): September 28, March 30, Available-for-sale debt securities $ 12,181 $ 13,408 Marketable equity securities 12,649 11,073 Non-marketable equity investments 20,926 20,276 $ 45,756 $ 44,757 The Company's investments in marketable equity securities consist of investments in the common stock of industrial and other companies. As of September 28, 2019 and March 30, 2019 , non-marketable equity investments included contributions of $15.0 million to equity-method investments in community-based initiatives that buy and sell our homes and provide home-only financing to residents of certain manufactured home communities. Other non-marketable equity investments included investments in other distribution operations. The Company records investments in fixed maturity securities classified as available-for-sale at fair value and records the difference between fair value and cost in Accumulated other comprehensive income (loss). The following tables summarize the Company's available-for-sale debt securities, gross unrealized gains and losses and fair value, aggregated by investment category (in thousands): September 28, 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Residential mortgage-backed securities $ 6,168 $ 22 $ (48 ) $ 6,142 State and political subdivision debt securities 3,706 139 (3 ) 3,842 Corporate debt securities 1,901 4 (8 ) 1,897 U.S. Treasury and government debt securities 300 — — 300 $ 12,075 $ 165 $ (59 ) $ 12,181 March 30, 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Residential mortgage-backed securities $ 6,625 $ 3 $ (119 ) $ 6,509 State and political subdivision debt securities 4,883 117 (17 ) 4,983 Corporate debt securities 1,635 3 (19 ) 1,619 U.S. Treasury and government debt securities 300 — (3 ) 297 $ 13,443 $ 123 $ (158 ) $ 13,408 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): September 28, 2019 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 $ 669 $ — $ 3,197 $ (48 ) $ 3,866 $ (48 ) State and political subdivision debt securities 302 (1 ) 103 (2 ) 405 (3 ) Corporate debt securities — — 1,096 (8 ) 1,096 (8 ) $ 971 $ (1 ) $ 4,396 $ (58 ) $ 5,367 $ (59 ) March 30, 2019 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 $ 1,066 $ (9 ) $ 5,206 $ (110 ) $ 6,272 $ (119 ) State and political subdivision debt securities 353 — 2,319 (17 ) 2,672 (17 ) Corporate debt securities 243 (8 ) 1,073 (11 ) 1,316 (19 ) U.S. Treasury and government debt securities — — 297 (3 ) 297 (3 ) $ 1,662 $ (17 ) $ 8,895 $ (141 ) $ 10,557 $ (158 ) Based on the Company's ability and intent to hold the investments for a reasonable period of time sufficient for a forecasted recovery of fair value, the Company does not consider any investments to be other-than-temporarily impaired as of September 28, 2019 . The amortized cost and fair value of the Company's 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. September 28, 2019 Amortized Cost Fair Value Due in less than one year $ 507 $ 507 Due after one year through five years 3,215 3,218 Due after five years through ten years 263 283 Due after ten years 1,922 2,031 Mortgage-backed securities 6,168 6,142 $ 12,075 $ 12,181 The Company recognizes investment gains and losses on available-for-sale debt securities when it sells or otherwise disposes of securities using the specific identification method. There were no gross gains or losses realized on the sale of available-for-sale debt securities during the three and six months ended September 28, 2019 or September 29, 2018 . The Company recognizes unrealized gains and losses on marketable equity securities from changes in market prices during the period as a component of earnings in the Consolidated Statements of Comprehensive Income. Net investment gains and losses on marketable equity securities for the three and six months ended September 28, 2019 and September 29, 2018 were as follows (in thousands): Three Months Ended Six Months Ended September 28, September 29, September 28, September 29, Marketable equity securities: Net gains (losses) on securities held $ 350 $ (312 ) $ 1,302 $ 1,298 Net losses on securities sold (1 ) (13 ) (2 ) (53 ) Total net gain (loss) on marketable equity securities $ 349 $ (325 ) $ 1,300 $ 1,245
Schedule of Investments	Investments consisted of the following (in thousands): September 28, March 30, Available-for-sale debt securities $ 12,181 $ 13,408 Marketable equity securities 12,649 11,073 Non-marketable equity investments 20,926 20,276 $ 45,756 $ 44,757
Available-for-Sale Securities by Investment Category	The following tables summarize the Company's available-for-sale debt securities, gross unrealized gains and losses and fair value, aggregated by investment category (in thousands): September 28, 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Residential mortgage-backed securities $ 6,168 $ 22 $ (48 ) $ 6,142 State and political subdivision debt securities 3,706 139 (3 ) 3,842 Corporate debt securities 1,901 4 (8 ) 1,897 U.S. Treasury and government debt securities 300 — — 300 $ 12,075 $ 165 $ (59 ) $ 12,181 March 30, 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Residential mortgage-backed securities $ 6,625 $ 3 $ (119 ) $ 6,509 State and political subdivision debt securities 4,883 117 (17 ) 4,983 Corporate debt securities 1,635 3 (19 ) 1,619 U.S. Treasury and government debt securities 300 — (3 ) 297 $ 13,443 $ 123 $ (158 ) $ 13,408
Investment Securities in a Continuous Unrealized Loss Position	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): September 28, 2019 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 $ 669 $ — $ 3,197 $ (48 ) $ 3,866 $ (48 ) State and political subdivision debt securities 302 (1 ) 103 (2 ) 405 (3 ) Corporate debt securities — — 1,096 (8 ) 1,096 (8 ) $ 971 $ (1 ) $ 4,396 $ (58 ) $ 5,367 $ (59 ) March 30, 2019 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 $ 1,066 $ (9 ) $ 5,206 $ (110 ) $ 6,272 $ (119 ) State and political subdivision debt securities 353 — 2,319 (17 ) 2,672 (17 ) Corporate debt securities 243 (8 ) 1,073 (11 ) 1,316 (19 ) U.S. Treasury and government debt securities — — 297 (3 ) 297 (3 ) $ 1,662 $ (17 ) $ 8,895 $ (141 ) $ 10,557 $ (158 )
Contractual Maturity of Investment Securities	The amortized cost and fair value of the Company's 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. September 28, 2019 Amortized Cost Fair Value Due in less than one year $ 507 $ 507 Due after one year through five years 3,215 3,218 Due after five years through ten years 263 283 Due after ten years 1,922 2,031 Mortgage-backed securities 6,168 6,142 $ 12,075 $ 12,181
Gain (Loss) on Securities	The Company recognizes investment gains and losses on available-for-sale debt securities when it sells or otherwise disposes of securities using the specific identification method. There were no gross gains or losses realized on the sale of available-for-sale debt securities during the three and six months ended September 28, 2019 or September 29, 2018 . The Company recognizes unrealized gains and losses on marketable equity securities from changes in market prices during the period as a component of earnings in the Consolidated Statements of Comprehensive Income. Net investment gains and losses on marketable equity securities for the three and six months ended September 28, 2019 and September 29, 2018 were as follows (in thousands): Three Months Ended Six Months Ended September 28, September 29, September 28, September 29, Marketable equity securities: Net gains (losses) on securities held $ 350 $ (312 ) $ 1,302 $ 1,298 Net losses on securities sold (1 ) (13 ) (2 ) (53 ) Total net gain (loss) on marketable equity securities $ 349 $ (325 ) $ 1,300 $ 1,245

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Sep. 28, 2019
Inventory Disclosure [Abstract]
Summary of inventories	Inventories consisted of the following (in thousands): September 28, March 30, Raw materials $ 35,330 $ 33,701 Work in process 12,655 12,212 Finished goods 67,220 70,290 $ 115,205 $ 116,203

Consumer Loans Receivable (Tabl

Consumer Loans Receivable (Tables)	6 Months Ended
	Sep. 28, 2019
Receivables [Abstract]
Consumer Loans Receivable	The following table summarizes consumer loans receivable (in thousands): September 28, March 30, Loans held for investment (at Acquisition Date, defined below) $ 40,983 $ 44,375 Loans held for investment (originated after Acquisition Date) 19,530 20,580 Loans held for sale 16,801 11,288 Construction advances 14,261 12,883 Consumer loans receivable 91,575 89,126 Deferred financing fees and other, net (2,208 ) (1,926 ) Allowance for loan losses (415 ) (415 ) $ 88,952 $ 86,785
Acquired Consumer Loans Receivable Held for Investment	September 28, March 30, (in thousands) Consumer loans receivable held for investment – contractual amount $ 91,723 $ 100,595 Purchase discount Accretable (34,108 ) (36,672 ) Non-accretable (16,540 ) (19,502 ) Less consumer loans receivable reclassified as other assets (92 ) (46 ) Total acquired consumer loans receivable held for investment, net $ 40,983 $ 44,375
Weighted average assumptions	The weighted averages of assumptions used in the calculation of expected cash flows to be collected were as follows: September 28, March 30, Prepayment rate 16.4 % 17.1 % Default rate 1.1 % 1.1 % Assuming there was a 1% (100 basis point) unfavorable variation from the expected level, for each key assumption, the expected cash flows for the life of the portfolio, as of September 28, 2019 , would decrease by approximately $881,000 and $2.5 million for the expected prepayment rate and expected default rate, respectively.
Accretable Yield Movement on Acquired Consumer Loans Receivable	The changes in accretable yield on acquired consumer loans receivable held for investment were as follows (in thousands): Three Months Ended Six Months Ended September 28, September 29, September 28, September 29, Balance at the beginning of the period $ 34,881 $ 42,873 $ 36,672 $ 44,481 Accretion (1,713 ) (1,968 ) (3,480 ) (3,867 ) Reclassifications to non-accretable discount 940 32 916 323 Balance at the end of the period $ 34,108 $ 40,937 $ 34,108 $ 40,937
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score	March 30, 2019 Consumer Loans Held for Investment Securitized 2005 Securitized 2007 Unsecuritized Construction Advances Consumer Loans Held For Sale Total Asset Class Credit Quality Indicator (FICO® score) Home-only loans 0-619 $ 401 $ 245 $ 266 $ — $ — $ 912 620-719 8,448 5,996 10,266 — — 24,710 720+ 9,090 5,419 8,436 — 617 23,562 Other 47 — 390 — — 437 Subtotal 17,986 11,660 19,358 — 617 49,621 Conforming mortgages 0-619 — — 83 — 460 543 620-719 — — 2,202 8,061 6,885 17,148 720+ — — 684 4,822 3,326 8,832 Subtotal — — 2,969 12,883 10,671 26,523 Non-conforming mortgages 0-619 78 344 991 — — 1,413 620-719 994 4,008 2,687 — — 7,689 720+ 1,238 2,053 369 — — 3,660 Other — — 214 — — 214 Subtotal 2,310 6,405 4,261 — — 12,976 Other loans — — 6 — — 6 $ 20,296 $ 18,065 $ 26,594 $ 12,883 $ 11,288 $ 89,126 The following table disaggregates CountryPlace's gross consumer loans receivable for each class by portfolio segment and credit quality indicator as of the time of origination (in thousands): September 28, 2019 Consumer Loans Held for Investment Securitized 2005 Securitized 2007 Unsecuritized Construction Advances Consumer Loans Held For Sale Total Asset Class Credit Quality Indicator (FICO® score) Home-only loans 0-619 $ 374 $ 228 $ 253 $ — $ — $ 855 620-719 7,615 5,629 10,275 — 87 23,606 720+ 8,344 4,895 7,748 — 162 21,149 Other 46 — 382 — — 428 Subtotal 16,379 10,752 18,658 — 249 46,038 Conforming mortgages 0-619 — — 83 — — 83 620-719 — — 1,550 9,616 8,489 19,655 720+ — — 818 4,645 7,760 13,223 Other — — — — 303 303 Subtotal — — 2,451 14,261 16,552 33,264 Non-conforming mortgages 0-619 76 327 950 — — 1,353 620-719 811 3,915 2,614 — — 7,340 720+ 1,124 2,012 230 — — 3,366 Other — — 182 — — 182 Subtotal 2,011 6,254 3,976 — — 12,241 Other loans — — 32 — — 32 $ 18,390 $ 17,006 $ 25,117 $ 14,261 $ 16,801 $ 91,575

Commercial Loans Receivables _2

Commercial Loans Receivables and Allowance for Loan Loss (Tables)	6 Months Ended
	Sep. 28, 2019
Receivables [Abstract]
Commercial Loans Receivables	Commercial loans receivable, net consisted of the following, by class of financing notes receivable (in thousands): September 28, March 30, Direct loans receivable $ 46,399 $ 42,899 Participation loans receivable 262 495 Allowance for loan losses (163 ) (180 ) Deferred financing fees, net (239 ) (208 ) $ 46,259 $ 43,006
Changes in the Allowance for Loan Losses on Commercial Loans Receivables	The following table represents changes in the estimated allowance for loan losses, including related additions and deductions to the allowance for loan losses applicable to the direct programs (in thousands): Three Months Ended Six Months Ended September 28, September 29, September 28, September 29, Balance at beginning of period $ 191 $ 113 $ 180 $ 42 Change in estimated loan losses, net (28 ) 22 (17 ) 93 Loans charged off, net of recoveries — — — — Balance at end of period $ 163 $ 135 $ 163 $ 135
Allowance for Loan Losses and Commercial Loans Receivables By Class Individually and Collectively Evaluated for Impairment	The following table disaggregates commercial loans receivable and the estimated allowance for loan losses for each class of financing receivable by evaluation methodology (in thousands): Direct Commercial Loans Participation Commercial Loans September 28, March 30, September 28, March 30, Commercial loans receivable: Collectively evaluated for impairment $ 16,276 $ 18,018 $ — $ — Individually evaluated for impairment 30,123 24,881 262 495 $ 46,399 $ 42,899 $ 262 $ 495 Allowance for loan losses: Collectively evaluated for impairment $ (163 ) $ (180 ) $ — $ — Individually evaluated for impairment — — — — $ (163 ) $ (180 ) $ — $ —
Commercial Loans Receivables by Class and Internal Credit Quality Indicator	The following table disaggregates the Company's commercial loans receivable by class and credit quality indicator (in thousands): Direct Commercial Loans Participation Commercial Loans September 28, March 30, September 28, March 30, Risk profile based on payment activity: Performing $ 46,399 $ 42,899 $ 262 $ 495 Watch list — — — — Nonperforming — — — — $ 46,399 $ 42,899 $ 262 $ 495
Geographic Concentration of Commercial Loans Receivables in Key States	The Company had concentrations of commercial loans receivables related to factory-built homes in excess of 10% of the commercial loans receivables principal balance located in the following states: September 28, March 30, California 15.7 % 21.1 % Arizona 14.9 % 16.3 %

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	6 Months Ended
	Sep. 28, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, plant and equipment, net, consisted of the following (in thousands): September 28, March 30, Property, plant and equipment, at cost: Land $ 21,723 $ 21,359 Buildings and improvements 49,972 42,976 Machinery and equipment 28,756 27,053 100,451 91,388 Accumulated depreciation (30,252 ) (27,904 ) $ 70,199 $ 63,484

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	6 Months Ended
	Sep. 28, 2019
Payables and Accruals [Abstract]
Accrued Liabilities	Accrued liabilities consisted of the following (in thousands): September 28, March 30, Salaries, wages and benefits $ 25,910 $ 25,257 Customer deposits 22,385 17,804 Unearned insurance premiums 19,375 18,305 Estimated warranties 18,563 17,069 Accrued volume rebates 12,240 10,412 Insurance loss reserves 5,659 6,686 Accrued self-insurance 5,485 5,171 Company repurchase options on certain loans sold 4,512 3,810 Operating lease liabilities 3,786 — Reserve for repurchase commitments 3,011 2,362 Accrued taxes 2,547 1,767 Capital lease obligation — 1,075 Other 14,463 15,463 $ 137,936 $ 125,181

Warranties (Tables)

Warranties (Tables)	6 Months Ended
	Sep. 28, 2019
Product Warranties Disclosures [Abstract]
Activity in the liability for estimated warranties	Activity in the liability for estimated warranties was as follows (in thousands): Three Months Ended Six Months Ended September 28, September 29, September 28, September 29, Balance at beginning of period $ 17,760 $ 16,670 $ 17,069 $ 16,638 Purchase accounting additions 1,192 — 1,192 — Charged to costs and expenses 6,765 6,713 14,586 12,942 Payments and deductions (7,154 ) (6,478 ) (14,284 ) (12,675 ) Balance at end of period $ 18,563 $ 16,905 $ 18,563 $ 16,905

Debt Obligations (Tables)

Debt Obligations (Tables)	6 Months Ended
	Sep. 28, 2019
Debt Disclosure [Abstract]
Debt Obligations	Debt and finance lease obligations primarily consisted of amounts related to loans sold that did not qualify for loan sale accounting treatment and lease obligations in which it is expected that the Company will obtain ownership of a leased asset at the end of the lease term. The following table summarizes debt and finance lease obligations (in thousands): September 28, March 30, 2007-1 securitized financings (acquired as part of the Palm Harbor transaction) $ — $ 18,364 Secured credit facilities 10,974 11,289 Other secured financings 4,217 4,487 Finance lease liabilities 1,043 — $ 16,234 $ 34,140
Accretable Yield Movement on Acquired Securitized Financings	The changes in accretable yield on securitized financings were as follows (in thousands): Three Months Ended Six Months Ended September 28, September 29, September 28, September 29, Balance at the beginning of the period $ 206 $ 2,697 $ 491 $ 3,515 Accretion (206 ) (774 ) (577 ) (1,577 ) Adjustment to cash flows — (89 ) 86 (104 ) Balance at the end of the period $ — $ 1,834 $ — $ 1,834

Reinsurance (Tables)

Reinsurance (Tables)	6 Months Ended
	Sep. 28, 2019
Insurance [Abstract]
Reinsurance Effect on Premiums Written and Earned	The effects of reinsurance on premiums written and earned were as follows (in thousands): Three Months Ended September 28, 2019 September 29, 2018 Written Earned Written Earned Direct premiums $ 4,179 $ 4,653 $ 3,820 $ 4,249 Assumed premiums—nonaffiliate 6,760 6,592 6,280 6,350 Ceded premiums—nonaffiliate (3,029 ) (3,029 ) (3,135 ) (3,135 ) Net premiums $ 7,910 $ 8,216 $ 6,965 $ 7,464 Six Months Ended September 28, 2019 September 29, 2018 Written Earned Written Earned Direct premiums $ 9,212 $ 9,223 $ 8,361 $ 8,460 Assumed premiums—nonaffiliate 14,273 13,027 13,214 12,584 Ceded premiums—nonaffiliate (6,016 ) (6,016 ) (5,982 ) (5,982 ) Net premiums $ 17,469 $ 16,234 $ 15,593 $ 15,062

Commitments and Contingencies_2

Commitments and Contingencies (Tables)	6 Months Ended
	Sep. 28, 2019
Repurchase Contingencies [Roll Forward]
Loan Contracts with Off-Balance Sheet Commitments	Letters of Credit. To secure certain reinsurance contracts, Standard Casualty maintains an irrevocable letter of credit of $11.0 million to provide assurance that Standard Casualty will fulfill its reinsurance obligations. This letter of credit is secured by certain of the Company's investments. There were no amounts outstanding at either September 28, 2019 or March 30, 2019 . Construction-Period Mortgages. CountryPlace funds construction-period mortgages through periodic advances during home construction. At the time of initial funding, CountryPlace commits to fully fund the loan contract in accordance with a predetermined schedule. Subsequent advances are contingent upon the performance of contractual obligations by the seller of the home and the borrower. Cumulative advances on construction-period mortgages are carried on the Consolidated Balance Sheets at the amount advanced less a valuation allowance, and are included in Consumer loans receivable, net. The total loan contract amount, less cumulative advances, represents an off-balance sheet contingent commitment of CountryPlace to fund future advances. Loan contracts with off-balance sheet commitments are summarized below (in thousands): September 28, March 30, Construction loan contract amount $ 32,822 $ 28,230 Cumulative advances (14,261 ) (12,883 ) Remaining construction contingent commitment $ 18,561 $ 15,347

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Sep. 28, 2019
Stockholders' Equity Note [Abstract]
Schedule of Stockholders Equity	The following table represents changes in stockholders' equity for each quarterly period during the six months ended September 28, 2019 (dollars in thousands): Additional paid-in capital Retained earnings Accumulated other comprehensive income (loss) Total Common Stock Shares Amount Balance, March 30, 2019 9,098,320 $ 91 $ 249,447 $ 280,078 $ (28 ) $ 529,588 Net income — — — 21,282 — 21,282 Issuance of common stock under stock incentive plans 13,304 — (1,252 ) — — (1,252 ) Stock-based compensation — — 630 — — 630 Other comprehensive income, net — — — — 89 89 Balance, June 29, 2019 9,111,624 $ 91 $ 248,825 $ 301,360 $ 61 $ 550,337 Net income — — — 20,885 — 20,885 Issuance of common stock under stock incentive plans 15,842 — 941 — — 941 Stock-based compensation — — 818 — — 818 Other comprehensive income, net — — — — 23 23 Balance, September 28, 2019 9,127,466 $ 91 $ 250,584 $ 322,245 $ 84 $ 573,004 The following table represents changes in stockholders' equity for each quarterly period during the six months ended September 29, 2018 (dollars in thousands): Additional paid-in capital Retained earnings Accumulated other comprehensive income (loss) Total Common Stock Shares Amount Balance, March 31, 2018 9,044,858 $ 90 $ 246,197 $ 209,381 $ 1,438 $ 457,106 Cumulative effect of implementing ASU 2016-01, net — — — 1,621 (1,621 ) — Cumulative effect of implementing ASC 606, net — — — 454 — 454 Net income — — — 19,691 — 19,691 Issuance of common stock under stock incentive plans 16,448 1 (2,169 ) — — (2,168 ) Stock-based compensation — — 599 — — 599 Other comprehensive income, net — — — — 5 5 Balance, June 30, 2018 9,061,306 $ 91 $ 244,627 $ 231,147 $ (178 ) $ 475,687 Net income — — — 15,576 — 15,576 Issuance of common stock under stock incentive plans 36,053 — 1,995 — — 1,995 Stock-based compensation — — 1,516 — — 1,516 Other comprehensive loss, net — — — — (26 ) (26 ) Balance, September 29, 2018 9,097,359 $ 91 $ 248,138 $ 246,723 $ (204 ) $ 494,748

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Sep. 28, 2019
Share-based Payment Arrangement [Abstract]
Stock Options Activity	The following table summarizes stock option activity for the six months ended September 28, 2019 : Number of Options Outstanding at March 30, 2019 411,111 Granted 74,450 Exercised (47,724 ) Canceled or expired — Outstanding at September 28, 2019 437,837 Exercisable at September 28, 2019 219,838

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Sep. 28, 2019
Earnings Per Share [Abstract]
Earnings Per Share Computation	The following table sets forth the computation of basic and diluted earnings per share (dollars in thousands, except share and per share amounts): Three Months Ended Six Months Ended September 28, September 29, September 28, September 29, Net income $ 20,885 $ 15,576 $ 42,167 $ 35,267 Weighted average shares outstanding: Basic 9,119,835 9,079,679 9,111,260 9,064,007 Effect of dilutive securities 146,250 224,509 130,574 223,723 Diluted 9,266,085 9,304,188 9,241,834 9,287,730 Net income per share: Basic $ 2.29 $ 1.72 $ 4.63 $ 3.89 Diluted $ 2.25 $ 1.67 $ 4.56 $ 3.80

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Sep. 28, 2019
Fair Value Disclosures [Abstract]
Summary of the Fair Value and Carrying Value of Financial Instruments	The book value and estimated fair value of the Company's financial instruments were as follows (in thousands): September 28, 2019 March 30, 2019 Book Value Estimated Fair Value Book Value Estimated Fair Value Available-for-sale debt securities (1) $ 12,181 $ 12,181 $ 13,408 $ 13,408 Marketable equity securities (1) 12,649 12,649 11,073 11,073 Non-marketable equity investments (2) 20,926 20,926 20,276 20,276 Consumer loans receivable (3) 88,952 104,294 86,785 101,001 Interest rate lock commitment derivatives (4) 8 8 11 11 Forward loan sale commitment derivatives (4) 25 25 (59 ) (59 ) Commercial loans receivable (5) 46,259 46,801 43,006 43,582 Securitized financings and other (6) (16,234 ) (19,755 ) (34,140 ) (38,101 ) (1) For Level 1 classified securities, the fair value is based on quoted market prices. The fair value of Level 2 securities is based on other inputs, as further described below. (2) The fair value approximates book value based on the non-marketable nature of the investments. (3) Includes consumer loans receivable held for investment, held for sale and construction advances. The fair value of the loans held for investment is based on the discounted value of the remaining principal and interest cash flows. The fair value of the loans held for sale is estimated based on recent GSE mortgage-backed bond prices. The fair value of the construction advances approximates book value and the sales price of these loans. (4) The fair values are based on changes in GSE mortgage-backed bond prices and, additionally for IRLCs, pull through rates. (5) The fair value is estimated using market interest rates of comparable loans. (6) The fair value is estimated using recent public transactions of similar asset-backed securities.
Summary of Assets Measured at Fair Value on a Recurring Basis	measured at fair value on a recurring basis are summarized below (in thousands): September 28, 2019 Total Level 1 Level 2 Level 3 Securities issued by the U.S Treasury and Government (1) $ 300 $ — $ 300 $ — Mortgage-backed securities (1) 6,142 — 6,142 — Securities issued by states and political subdivisions (1) 3,842 — 3,842 — Corporate debt securities (1) 1,897 — 1,897 — Marketable equity securities (2) 12,649 12,649 — — Interest rate lock commitment derivatives (3) 8 — — 8 Forward loan sale commitment derivatives (3) 25 — — 25 Mortgage servicing rights (4) 1,278 — — 1,278 March 30, 2019 Total Level 1 Level 2 Level 3 Securities issued by the U.S Treasury and Government (1) $ 297 $ — $ 297 $ — Mortgage-backed securities (1) 6,509 — 6,509 — Securities issued by states and political subdivisions (1) 4,983 — 4,983 — Corporate debt securities (1) 1,619 — 1,619 — Marketable equity securities (2) 11,073 11,073 — — Interest rate lock commitment derivatives (3) 11 — — 11 Forward loan sale commitment derivatives (3) (59 ) — — (59 ) Mortgage servicing rights (4) 1,372 — — 1,372 (1) Unrealized gains or losses on investments are recorded in Accumulated other comprehensive income (loss) at each measurement date. (2) Unrealized gains or losses on investments are recorded in earnings at each measurement date. (3) Gains or losses on derivatives are recognized in current period earnings through Cost of sales. (4) Changes in the fair value of mortgage servicing rights are recognized in the current period earnings through Net revenue.
Summary of Assets and Liabilities Measured at Fair Value for Disclosure	Financial instruments for which fair value is disclosed but not required to be recognized in the balance sheet on a recurring basis are summarized below (in thousands): September 28, 2019 Total Level 1 Level 2 Level 3 Loans held for investment $ 72,546 $ — $ — $ 72,546 Loans held for sale 17,487 — — 17,487 Loans held—construction advances 14,261 — — 14,261 Commercial loans receivable 46,801 — — 46,801 Securitized financings and other (19,755 ) — (19,755 ) — Non-marketable equity investments 20,926 — — 20,926
Assumptions for Mortgage Servicing Rights	September 28, March 30, Number of loans serviced with MSRs 4,596 4,557 Weighted average servicing fee (basis points) 31.12 31.59 Capitalized servicing multiple 72.30 % 77.97 % Capitalized servicing rate (basis points) 22.50 24.63 Serviced portfolio with MSRs (in thousands) $ 567,886 $ 556,934 Mortgage servicing rights (in thousands) $ 1,278 $ 1,372

Business Segment Information (T

Business Segment Information (Tables)	6 Months Ended
	Sep. 28, 2019
Segment Reporting [Abstract]
Business Segment Information	The following table details Net revenue and Income before income taxes by segment (in thousands): Three Months Ended Six Months Ended September 28, September 29, September 28, September 29, Net revenue: Factory-built housing $ 252,690 $ 227,094 $ 501,458 $ 459,856 Financial services 15,985 14,436 31,259 28,077 $ 268,675 $ 241,530 $ 532,717 $ 487,933 Income before income taxes: Factory-built housing $ 22,463 $ 16,880 $ 46,776 $ 38,488 Financial services 4,792 2,637 7,841 5,165 $ 27,255 $ 19,517 $ 54,617 $ 43,653

Basis of Presentation (Principl

Basis of Presentation (Principles of Consolidation) (Details)	6 Months Ended
	Sep. 28, 2019storefactoriesSegment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of operating segments | Segment	2
Number of operating manufacturing facilities | factories	20
Number of Stores | store	39

Basis of Presentation New Accou

Basis of Presentation New Accounting Pronouncements (Details) - Topic 842 Leases $ in Millions	Mar. 31, 2019USD ($)
Lease right-of-use assets
Topic 842
Effect of ASC 842	$ 13
Operating Lease Liabilities
Topic 842
Effect of ASC 842	$ 13.5

Revenue from Contracts with C_3

Revenue from Contracts with Customers (Disaggregation of Revenue) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Disaggregation of Revenue [Line Items]
Revenues		$ 268,675	$ 241,530	$ 532,717	$ 487,933
Factory-built housing
Disaggregation of Revenue [Line Items]
Revenues		252,690	227,094	501,458	459,856
Factory-built housing | HUD Code
Disaggregation of Revenue [Line Items]
Revenues		207,556	184,687	410,035	371,003
Factory-built housing | Modular
Disaggregation of Revenue [Line Items]
Revenues		19,412	23,901	38,819	46,348
Factory-built housing | Park Model RVs
Disaggregation of Revenue [Line Items]
Revenues		11,751	5,979	24,612	17,706
Factory-built housing | Product and Service, Other
Disaggregation of Revenue [Line Items]
Revenues	[1]	13,971	12,527	27,992	24,799
Financial Services
Disaggregation of Revenue [Line Items]
Revenues		15,985	14,436	31,259	28,077
Financial Services | Insurance Agency Commissions
Disaggregation of Revenue [Line Items]
Revenues		274	643	1,429	1,275
Financial Services | Financial Service, Other
Disaggregation of Revenue [Line Items]
Revenues	[2]	$ 15,711	$ 13,793	$ 29,830	$ 26,802
[1]	Other factory-built housing revenue from ancillary products and services including freight, used homes and other services.
[2]	Other financial services revenue relates to consumer finance and insurance revenue that is not within the scope of ASU 2014-09, Revenue from Contracts with Customers ("Topic 606") .

Restricted Cash (Details)

Restricted Cash (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Mar. 30, 2019	Sep. 29, 2018	Mar. 31, 2018
Summary of restricted cash
Restricted cash, current	$ 14,981	$ 12,148	$ 13,754	$ 11,228
Restricted cash	350	351	$ 453	$ 1,264
Total restricted cash	15,331	12,499
Cash related to CountryPlace customer payments to be remitted to third parties
Summary of restricted cash
Restricted cash, current	13,948	10,426
Cash related to CountryPlace customer payments on securitized loans to be remitted to bondholders
Summary of restricted cash
Restricted cash, current	0	634
Other restricted cash
Summary of restricted cash
Restricted cash	$ 1,383	$ 1,439

Restricted Cash Reconciliation

Restricted Cash Reconciliation of Cash and cash equivalents and Restricted cash to SOCF (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Mar. 30, 2019	Sep. 29, 2018	Mar. 31, 2018
Cash and Cash Equivalents [Abstract]
Cash and cash equivalents	$ 190,478	$ 187,370	$ 195,488	$ 186,766
Restricted cash, current	14,981	12,148	13,754	11,228
Restricted cash	350	351	453	1,264
Cash, cash equivalents and restricted cash	$ 205,809	$ 199,869	$ 209,695	$ 199,258

Investments (Details)

Investments (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Mar. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Available-for-sale debt securities	$ 12,181	$ 13,408
Marketable equity securities	12,649	11,073
Non-marketable equity investments	20,926	20,276
Investments	45,756	44,757
Payments to acquire interest in joint venture	$ 15,000	$ 15,000

Investments (Gross Unrealized G

Investments (Gross Unrealized Gains and Losses by Investment Category) (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Mar. 30, 2019
Available-for-Sale Securities by Investment Category
Amortized Cost	$ 12,075	$ 13,443
Gross Unrealized Gains	165	123
Gross Unrealized Losses	(59)	(158)
Available-for-sale debt securities	12,181	13,408
Residential mortgage-backed securities
Available-for-Sale Securities by Investment Category
Amortized Cost	6,168	6,625
Gross Unrealized Gains	22	3
Gross Unrealized Losses	(48)	(119)
Available-for-sale debt securities	6,142	6,509
State and political subdivision debt securities
Available-for-Sale Securities by Investment Category
Amortized Cost	3,706	4,883
Gross Unrealized Gains	139	117
Gross Unrealized Losses	(3)	(17)
Available-for-sale debt securities	3,842	4,983
Corporate debt securities
Available-for-Sale Securities by Investment Category
Amortized Cost	1,901	1,635
Gross Unrealized Gains	4	3
Gross Unrealized Losses	(8)	(19)
Available-for-sale debt securities	1,897	1,619
U.S. Treasury and government debt securities
Available-for-Sale Securities by Investment Category
Amortized Cost	300	300
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	(3)
Available-for-sale debt securities	$ 300	$ 297

Investments (Unrealized Losses

Investments (Unrealized Losses and Fair Value by Length of Time) (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Mar. 30, 2019
Debt Securities in a Continuous Unrealized Loss Position
Less than 12 Months, Fair Value	$ 971	$ 1,662
Less than 12 month, Unrealized Losses	(1)	(17)
12 Months or Longer, Fair Value	4,396	8,895
12 Months or Longer, Unrealized Losses	(58)	(141)
Debt Securities, Available-for-sale, Unrealized Loss Position	5,367	10,557
Gross Unrealized Losses	(59)	(158)
Residential mortgage-backed securities
Debt Securities in a Continuous Unrealized Loss Position
Less than 12 Months, Fair Value	669	1,066
Less than 12 month, Unrealized Losses	0	(9)
12 Months or Longer, Fair Value	3,197	5,206
12 Months or Longer, Unrealized Losses	(48)	(110)
Debt Securities, Available-for-sale, Unrealized Loss Position	3,866	6,272
Gross Unrealized Losses	(48)	(119)
State and political subdivision debt securities
Debt Securities in a Continuous Unrealized Loss Position
Less than 12 Months, Fair Value	302	353
Less than 12 month, Unrealized Losses	(1)	0
12 Months or Longer, Fair Value	103	2,319
12 Months or Longer, Unrealized Losses	(2)	(17)
Debt Securities, Available-for-sale, Unrealized Loss Position	405	2,672
Gross Unrealized Losses	(3)	(17)
Corporate Debt Securities
Debt Securities in a Continuous Unrealized Loss Position
Less than 12 Months, Fair Value	0	243
Less than 12 month, Unrealized Losses	0	(8)
12 Months or Longer, Fair Value	1,096	1,073
12 Months or Longer, Unrealized Losses	(8)	(11)
Debt Securities, Available-for-sale, Unrealized Loss Position	1,096	1,316
Gross Unrealized Losses	$ (8)	(19)
U.S. Treasury and government debt securities
Debt Securities in a Continuous Unrealized Loss Position
Less than 12 Months, Fair Value		0
Less than 12 month, Unrealized Losses		0
12 Months or Longer, Fair Value		297
12 Months or Longer, Unrealized Losses		(3)
Debt Securities, Available-for-sale, Unrealized Loss Position		297
Gross Unrealized Losses		$ (3)

Investments (Contractual Maturi

Investments (Contractual Maturities) (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Mar. 30, 2019
Amortized Cost
Due in less than one year	$ 507
Due after one year through five years	3,215
Due after five years through ten years	263
Due after ten years	1,922
Mortgage-backed securities	6,168
Amortized Cost	12,075	$ 13,443
Fair Value
Due in less than one year	507
Due after one year through five years	3,218
Due after five years through ten years	283
Due after ten years	2,031
Mortgage-backed securities	6,142
Fair Value	$ 12,181	$ 13,408

Investments (Recognized Gains a

Investments (Recognized Gains and Losses) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Gain (Loss) on Securities
Value of investments to be other-than-temporarily impaired			$ 0
Gross gains realized on debt securities	$ 0	$ 0	0	$ 0
Gross losses realized on debt securities	0	0	0	0
Equity Securities gain on investments held	350		1,302	1,298
Equity Securities loss on investments held		(312)
Equity Securities loss on investments sold	(1)	(13)	(2)	(53)
Gain (Loss) on Equity Securities	$ 349	$ (325)	$ 1,300	$ 1,245

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Mar. 30, 2019
Summary of inventories
Raw materials	$ 35,330	$ 33,701
Work in process	12,655	12,212
Finished goods and other	67,220	70,290
Total Inventories	$ 115,205	$ 116,203

Consumer Loans Receivable (Summ

Consumer Loans Receivable (Summary of Consumer Loans Receivable) (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Mar. 30, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment (acquired on Palm Harbor Acquisition Date)	$ 40,983	$ 44,375
Loans held for investment (originated after Palm Harbor Acquisition Date)	19,530	20,580
Loans held for sale	16,801	11,288
Deferred financing fees and other, net	(2,208)	(1,926)
Allowance for loan losses	(415)	(415)
Consumer loans receivable, net	88,952	86,785
Construction advances
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivables	14,261	12,883
Consumer loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivables	$ 91,575	$ 89,126

Consumer Loans Receivable (Su_2

Consumer Loans Receivable (Summary of Acquired Loans Receivable) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 28, 2019	Mar. 30, 2019	Jun. 29, 2019	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Consumer loans receivable held for investment - contractual amount	$ 91,723	$ 100,595
Purchase discount, accretable	(34,108)	(36,672)	$ (34,881)	$ (40,937)	$ (42,873)	$ (44,481)
Purchase discount, non-accretable	(16,540)	(19,502)
Less consumer loans receivable reclassified as other assets	(92)	(46)
Total acquired consumer loans receivable held for investment, net	$ 40,983	$ 44,375
Weighted average prepayment rate	16.40%	17.10%
Weighted average default rate	1.10%	1.10%
Sensitivity Analysis, Change in Prepayment Rate	$ 881
Sensitivity Analysis, Change in Default Rate	$ 2,500
Unfavorable Variation
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted average prepayment rate	1.00%
Weighted average default rate	1.00%

Consumer Loans Receivable (Chan

Consumer Loans Receivable (Changes in Accretable Yield on Acquired Loans Receivable) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Accretable Yield Movement on Acquired Consumer Loans Receivable
Balance at the beginning of the period	$ 34,881	$ 42,873	$ 36,672	$ 44,481
Accretion	(1,713)	(1,968)	(3,480)	(3,867)
Reclassification to non-accretable discount	940	32	916	323
Balance at the end of the period	$ 34,108	$ 40,937	$ 34,108	$ 40,937

Consumer Loans Receivable (Loan

Consumer Loans Receivable (Loans Held for investment) (Details)	3 Months Ended
	Sep. 28, 2019	Mar. 30, 2019
Receivables [Abstract]
Weighted average contractual interest rate	8.49%	8.49%
Weighted average effective interest rate	9.20%	9.11%
Weighted average months to maturity	159 months	163 months

Consumer Loans Receivable (Cons

Consumer Loans Receivable (Consumer Loan Receivables by Segment and Credit Quality Indicator) (Details) $ in Thousands	Sep. 28, 2019USD ($)Credit_Quality_Indicator	Mar. 30, 2019USD ($)
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	$ 91,575	$ 89,126
Home-only Loans
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	46,038	49,621
Home-only loans range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	$ 855	912
Home-only loans range one | Minimum
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Asset class credit quality indicator | Credit_Quality_Indicator	0
Home-only loans range one | Maximum
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Asset class credit quality indicator | Credit_Quality_Indicator	619
Home-only loans range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	$ 23,606	24,710
Home-only loans range two | Minimum
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Asset class credit quality indicator | Credit_Quality_Indicator	620
Home-only loans range two | Maximum
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Asset class credit quality indicator | Credit_Quality_Indicator	719
Home-only loans range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	$ 21,149	23,562
Home-only loans range three | Minimum
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Asset class credit quality indicator | Credit_Quality_Indicator	720
Home-only loans range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	$ 428	437
Conforming mortgages
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	33,264	26,523
Conforming mortgages range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	$ 83	543
Conforming mortgages range one | Minimum
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Asset class credit quality indicator | Credit_Quality_Indicator	0
Conforming mortgages range one | Maximum
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Asset class credit quality indicator | Credit_Quality_Indicator	619
Conforming mortgages range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	$ 19,655	17,148
Conforming mortgages range two | Minimum
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Asset class credit quality indicator | Credit_Quality_Indicator	620
Conforming mortgages range two | Maximum
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Asset class credit quality indicator | Credit_Quality_Indicator	719
Conforming mortgages range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	$ 13,223	8,832
Conforming mortgages range three | Minimum
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Asset class credit quality indicator | Credit_Quality_Indicator	720
Conforming mortgages range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	$ 303
Non-conforming mortgages
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	12,241	12,976
Non-conforming mortgages range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	$ 1,353	1,413
Non-conforming mortgages range one | Minimum
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Asset class credit quality indicator | Credit_Quality_Indicator	0
Non-conforming mortgages range one | Maximum
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Asset class credit quality indicator | Credit_Quality_Indicator	619
Non-conforming mortgages range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	$ 7,340	7,689
Non-conforming mortgages range two | Minimum
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Asset class credit quality indicator | Credit_Quality_Indicator	620
Non-conforming mortgages range two | Maximum
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Asset class credit quality indicator | Credit_Quality_Indicator	719
Non-conforming mortgages range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	$ 3,366	3,660
Non-conforming mortgages range three | Minimum
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Asset class credit quality indicator | Credit_Quality_Indicator	720
Non-conforming mortgages range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	$ 182	214
Other loans
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	32	6
Securitized 2005
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	18,390	20,296
Securitized 2005 | Home-only Loans
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	16,379	17,986
Securitized 2005 | Home-only loans range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	374	401
Securitized 2005 | Home-only loans range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	7,615	8,448
Securitized 2005 | Home-only loans range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	8,344	9,090
Securitized 2005 | Home-only loans range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	46	47
Securitized 2005 | Conforming mortgages
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Securitized 2005 | Conforming mortgages range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Securitized 2005 | Conforming mortgages range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Securitized 2005 | Conforming mortgages range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Securitized 2005 | Conforming mortgages range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0
Securitized 2005 | Non-conforming mortgages
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	2,011	2,310
Securitized 2005 | Non-conforming mortgages range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	76	78
Securitized 2005 | Non-conforming mortgages range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	811	994
Securitized 2005 | Non-conforming mortgages range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	1,124	1,238
Securitized 2005 | Non-conforming mortgages range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Securitized 2005 | Other loans
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Securitized 2007
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	17,006	18,065
Securitized 2007 | Home-only Loans
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	10,752	11,660
Securitized 2007 | Home-only loans range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	228	245
Securitized 2007 | Home-only loans range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	5,629	5,996
Securitized 2007 | Home-only loans range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	4,895	5,419
Securitized 2007 | Home-only loans range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Securitized 2007 | Conforming mortgages
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Securitized 2007 | Conforming mortgages range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Securitized 2007 | Conforming mortgages range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Securitized 2007 | Conforming mortgages range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Securitized 2007 | Conforming mortgages range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0
Securitized 2007 | Non-conforming mortgages
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	6,254	6,405
Securitized 2007 | Non-conforming mortgages range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	327	344
Securitized 2007 | Non-conforming mortgages range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	3,915	4,008
Securitized 2007 | Non-conforming mortgages range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	2,012	2,053
Securitized 2007 | Non-conforming mortgages range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Securitized 2007 | Other loans
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Unsecuritized
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	25,117	26,594
Unsecuritized | Home-only Loans
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	18,658	19,358
Unsecuritized | Home-only loans range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	253	266
Unsecuritized | Home-only loans range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	10,275	10,266
Unsecuritized | Home-only loans range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	7,748	8,436
Unsecuritized | Home-only loans range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	382	390
Unsecuritized | Conforming mortgages
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	2,451	2,969
Unsecuritized | Conforming mortgages range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	83	83
Unsecuritized | Conforming mortgages range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	1,550	2,202
Unsecuritized | Conforming mortgages range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	818	684
Unsecuritized | Conforming mortgages range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0
Unsecuritized | Non-conforming mortgages
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	3,976	4,261
Unsecuritized | Non-conforming mortgages range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	950	991
Unsecuritized | Non-conforming mortgages range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	2,614	2,687
Unsecuritized | Non-conforming mortgages range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	230	369
Unsecuritized | Non-conforming mortgages range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	182	214
Unsecuritized | Other loans
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	32	6
Construction Advances
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	14,261	12,883
Construction Advances | Home-only Loans
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Construction Advances | Home-only loans range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Construction Advances | Home-only loans range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Construction Advances | Home-only loans range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Construction Advances | Home-only loans range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Construction Advances | Conforming mortgages
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	14,261	12,883
Construction Advances | Conforming mortgages range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Construction Advances | Conforming mortgages range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	9,616	8,061
Construction Advances | Conforming mortgages range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	4,645	4,822
Construction Advances | Conforming mortgages range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0
Construction Advances | Non-conforming mortgages
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Construction Advances | Non-conforming mortgages range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Construction Advances | Non-conforming mortgages range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Construction Advances | Non-conforming mortgages range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Construction Advances | Non-conforming mortgages range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Construction Advances | Other loans
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Consumer Loans Held For Sale
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	16,801	11,288
Consumer Loans Held For Sale | Home-only Loans
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	249	617
Consumer Loans Held For Sale | Home-only loans range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Consumer Loans Held For Sale | Home-only loans range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	87	0
Consumer Loans Held For Sale | Home-only loans range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	162	617
Consumer Loans Held For Sale | Home-only loans range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Consumer Loans Held For Sale | Conforming mortgages
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	16,552	10,671
Consumer Loans Held For Sale | Conforming mortgages range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	460
Consumer Loans Held For Sale | Conforming mortgages range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	8,489	6,885
Consumer Loans Held For Sale | Conforming mortgages range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	7,760	3,326
Consumer Loans Held For Sale | Conforming mortgages range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	303
Consumer Loans Held For Sale | Non-conforming mortgages
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Consumer Loans Held For Sale | Non-conforming mortgages range one
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Consumer Loans Held For Sale | Non-conforming mortgages range two
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Consumer Loans Held For Sale | Non-conforming mortgages range three
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Consumer Loans Held For Sale | Non-conforming mortgages range four
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	0	0
Consumer Loans Held For Sale | Other loans
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score
Consumer loans receivable	$ 0	$ 0

Consumer Loans Receivable (Narr

Consumer Loans Receivable (Narrative) (Details) - USD ($) $ in Millions	6 Months Ended
	Sep. 28, 2019	Mar. 30, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage concentration of consumer loans receivable	10.00%
Repossessed Homes	$ 1	$ 1.5
Mortgage Loans in Process of Foreclosure, Amount	$ 1.2	$ 1.5
TEXAS
Accounts, Notes, Loans and Financing Receivable [Line Items]
Consumer Loans Receivable Geographical Concentration Percentage	42.00%	44.00%
FLORIDA
Accounts, Notes, Loans and Financing Receivable [Line Items]
Consumer Loans Receivable Geographical Concentration Percentage	12.00%	12.00%

Commercial Loans Receivables _3

Commercial Loans Receivables and Allowance for Loan Loss (Commercial Loans Receivables, Net) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 28, 2019	Mar. 30, 2019	Jun. 29, 2019	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018
Commercial Loans Receivable
Allowance for loan loss	$ (163)	$ (180)	$ (191)	$ (135)	$ (113)	$ (42)
Weighted average contractual interest rate, commercial	5.50%	5.70%
Weighted average months to maturity, commercial	9 months	7 months
Commercial loans receivable
Commercial Loans Receivable
Allowance for loan loss	$ (163)	$ (180)
Deferred Discounts, Finance Charges and Interest Included in Receivables	(239)	(208)
Financing Receivable, after Allowance for Credit Loss	46,259	43,006
Direct loans receivable
Commercial Loans Receivable
Financing Receivable, before Allowance for Credit Loss	46,399	42,899
Allowance for loan loss	(163)	(180)
Direct loans receivable | Commercial loans receivable
Commercial Loans Receivable
Financing Receivable, before Allowance for Credit Loss	46,399	42,899
Participation loans receivable
Commercial Loans Receivable
Financing Receivable, before Allowance for Credit Loss	262	495
Allowance for loan loss	0	0
Participation loans receivable | Commercial loans receivable
Commercial Loans Receivable
Financing Receivable, before Allowance for Credit Loss	$ 262	$ 495

Commercial Loans Receivables _4

Commercial Loans Receivables and Allowance for Loan Loss (Changes in the Estimated Allowance for Loan Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Changes in the Allowance for Loan Losses on Commercial Loans Receivables
Balance at beginning of period	$ 191	$ 113	$ 180	$ 42
Change in estimated loan losses, net	(28)	22	(17)	93
Loans charged off, net of recoveries	0	0	0	0
Balance at end of period	$ 163	$ 135	$ 163	$ 135

Commercial Loans Receivables _5

Commercial Loans Receivables and Allowance for Loan Loss (Finance Receivables by Evaluation Methodology) (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Jun. 29, 2019	Mar. 30, 2019	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018
Allowance for loan losses and commercial loans receivables by class individually and collectively evaluated for impairment
Allowance for loan loss	$ (163)	$ (191)	$ (180)	$ (135)	$ (113)	$ (42)
Direct loans receivable
Allowance for loan losses and commercial loans receivables by class individually and collectively evaluated for impairment
Financing Receivable, Collectively Evaluated for Impairment	16,276		18,018
Financing Receivable, Individually Evaluated for Impairment	30,123		24,881
Financing Receivable, before Allowance for Credit Loss	46,399		42,899
Allowance for loan loss: collectively evaluated for impairment	(163)		(180)
Allowance for loan loss: individually evaluated for impairment	0		0
Allowance for loan loss	(163)		(180)
Participation loans receivable
Allowance for loan losses and commercial loans receivables by class individually and collectively evaluated for impairment
Financing Receivable, Collectively Evaluated for Impairment	0		0
Financing Receivable, Individually Evaluated for Impairment	262		495
Financing Receivable, before Allowance for Credit Loss	262		495
Allowance for loan loss: collectively evaluated for impairment	0		0
Allowance for loan loss: individually evaluated for impairment	0		0
Allowance for loan loss	$ 0		$ 0

Commercial Loans Receivables _6

Commercial Loans Receivables and Allowance for Loan Loss (Commercial Loans Receivables by Class and Credit Quality Indicator) (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Mar. 30, 2019
Direct loans receivable
Risk profile based on payment activity
Financing Receivable, before Allowance for Credit Loss	$ 46,399	$ 42,899
Direct loans receivable | Performing
Risk profile based on payment activity
Financing Receivable, before Allowance for Credit Loss	46,399	42,899
Direct loans receivable | Watch list
Risk profile based on payment activity
Financing Receivable, before Allowance for Credit Loss	0	0
Direct loans receivable | Nonperforming
Risk profile based on payment activity
Financing Receivable, before Allowance for Credit Loss	0	0
Participation loans receivable
Risk profile based on payment activity
Financing Receivable, before Allowance for Credit Loss	262	495
Participation loans receivable | Performing
Risk profile based on payment activity
Financing Receivable, before Allowance for Credit Loss	262	495
Participation loans receivable | Watch list
Risk profile based on payment activity
Financing Receivable, before Allowance for Credit Loss	0	0
Participation loans receivable | Nonperforming
Risk profile based on payment activity
Financing Receivable, before Allowance for Credit Loss	$ 0	$ 0

Commercial Loans Receivables _7

Commercial Loans Receivables and Allowance for Loan Loss (Concentrations of Commercial Loans Receivables) (Details)	Sep. 28, 2019	Mar. 30, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration with one independent third-party and its affiliates	24.40%	22.00%
CALIFORNIA
Geographic Concentration of Commercial Loans Receivables in Key States
Commercial Loans Receivables Geographic Concentration Percentage	15.70%	21.10%
ARIZONA
Geographic Concentration of Commercial Loans Receivables in Key States
Commercial Loans Receivables Geographic Concentration Percentage	14.90%	16.30%
OREGON
Geographic Concentration of Commercial Loans Receivables in Key States
Commercial Loans Receivables Geographic Concentration Percentage		10.40%

Commercial Loans Receivables _8

Commercial Loans Receivables and Allowance for Loan Loss (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended
	Sep. 28, 2019	Jun. 29, 2019	Mar. 30, 2019	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018
Receivables [Abstract]
Allowance for loan loss	$ 163	$ 191	$ 180	$ 135	$ 113	$ 42
Due days for loans accounted for on a non-accrual basis and accruing loans with principal payments past	90 days or more
Due days for loans on nonaccrual status when interest is past due and remains unpaid	90 days or more
Percentage concentration of commercial loans receivables	10.00%		10.00%

Property, Plant and Equipment_2

Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Mar. 30, 2019
Property, plant and equipment
Property, plant and equipment, at cost	$ 100,451	$ 91,388
Accumulated depreciation	(30,252)	(27,904)
Property, plant and equipment, net	70,199	63,484
Land
Property, plant and equipment
Property, plant and equipment, at cost	21,723	21,359
Buildings and improvements
Property, plant and equipment
Property, plant and equipment, at cost	49,972	42,976
Machinery and equipment
Property, plant and equipment
Property, plant and equipment, at cost	$ 28,756	$ 27,053

Property, Plant and Equipment_3

Property, Plant and Equipment (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Property, Plant and Equipment [Line Items]
Depreciation	$ 1.3	$ 1.1	$ 2.4	$ 2.1

Leases (Lease Assets and Liabil

Leases (Lease Assets and Liabilities) (Details) - USD ($) $ in Thousands		Sep. 28, 2019	Mar. 30, 2019
Leases [Abstract]
Operating lease assets		$ 11,732	$ 0
Finance lease assets	[1]	1,685
Total lease assets		13,417
Accumulated Amortization		89
Operating lease liabilities, current		3,786	0
Finance lease liabilities, current		726
Operating lease liabilities, non-current		8,735	$ 0
Finance lease liabilities, non-current		317
Total lease liabilities		$ 13,564
[1]	Recorded net of accumulated amortization of $89,000 as of September 28, 2019 .

Leases (Lease Expense) (Details

Leases (Lease Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 28, 2019		Sep. 28, 2019
Amortization of leased assets	$ 10		$ 19
Interest on lease liabilities	14		27
Total lease expense	1,008		1,992
Operating lease payments	832		1,600
Finance lease payments	36		70
Cost of Sales
Operating lease expense	208	[1]	417
Selling, General and Administrative Expenses
Operating lease expense	$ 776	[1]	$ 1,529
[1]	Excludes short-term and variable lease expenses, which are immaterial.

Leases (Future Minimum Payments

Leases (Future Minimum Payments) (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Mar. 30, 2019
Future minimum lease payments
Remainder of 2020	$ 2,449
2021	3,876
2022	2,955
2023	1,948
2024	1,518
Thereafter	2,733
Total lease payments	15,479
Less: Amount representing interest	(1,915)
Present value of lease liabilities	13,564
Operating leases
Remainder of 2020	1,746
2021	3,797
2022	2,882
2023	1,875
2024	1,445
Thereafter	2,611
Total lease payments	14,356
Less: Amount representing interest	(1,835)
Present value of lease liabilities	12,521
Finance Leases
Remainder of 2020	703
2021	79
2022	73
2023	73
2024	73
Thereafter	122
Total lease payments	1,123
Less: Amount representing interest	(80)
Present value of lease liabilities	$ 1,043	$ 0

Leases (Weighted Average Disclo

Leases (Weighted Average Disclosure) (Details)	Sep. 28, 2019
Leases [Abstract]
Weighted average remaining lease term, operating leases	4 years 9 months 18 days
Weighted average remaining lease term, finance leases	2 years 6 months
Weighted average discount rate, operating leases	4.50%
Weighted average discount rate, finance leases	5.00%

Leases (Pre 842 adoption) (Deta

Leases (Pre 842 adoption) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Leases [Abstract]
Rent expense	$ 5,200	$ 5,300	$ 5,300
Future minimum lease payments
2020	2,292
2021	2,197
2022	1,389
2023	1,072
2024 and thereafter	1,372
Total remaining lease payments	$ 8,322

Goodwill and Other Intangibles

Goodwill and Other Intangibles (Summary of Goodwill and Other Intangibles) (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Aug. 02, 2019	Mar. 30, 2019
Acquired Finite and Indefinite Lived Intangible Assets [Line Items]
Goodwill		$ 2,104
Indefinite lived:
Gross Carrying Amount	$ 85,024		$ 81,220
Net Carrying Amount	85,024		81,220
Finite lived:
Intangible Assets Including Goodwill Gross	97,748		89,704
Accumulated Amortization	(7,239)		(7,008)
Intangible Assets, Net (Including Goodwill)	90,509		82,696
Customer relationships
Finite lived:
Gross Carrying Amount	11,300		7,100
Accumulated Amortization	(6,146)		(5,970)
Net Carrying Amount	5,154		1,130
Other Intangible Assets
Finite lived:
Gross Carrying Amount	1,424		1,384
Accumulated Amortization	(1,093)		(1,038)
Net Carrying Amount	331		346
Goodwill
Acquired Finite and Indefinite Lived Intangible Assets [Line Items]
Goodwill	75,024		72,920
Trademarks and trade names
Acquired Finite and Indefinite Lived Intangible Assets [Line Items]
Indefinite lived intangible assets including goodwill.	8,900		7,200
State insurance licenses
Acquired Finite and Indefinite Lived Intangible Assets [Line Items]
Indefinite lived intangible assets including goodwill.	$ 1,100		$ 1,100

Goodwill and Other Intangible_2

Goodwill and Other Intangibles (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Goodwill and Other Intangibles (Textual) [Abstract]
Amortization expense on intangible assets	$ 151,000	$ 80,000	$ 231,000	$ 164,000

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Mar. 30, 2019
Accrued liabilities
Salaries, wages and benefits	$ 25,910	$ 25,257
Customer deposits	22,385	17,804
Unearned insurance premiums	19,375	18,305
Estimated warranties	18,563	17,069
Accrued volume rebates	12,240	10,412
Insurance loss reserves	5,659	6,686
Accrued self-insurance	5,485	5,171
Company repurchase options on certain loans sold	4,512	3,810
Operating lease liability	3,786	0
Reserve for repurchase commitments	3,011	2,362
Accrued taxes	2,547	1,767
Capital lease obligation	0	1,075
Other	14,463	15,463
Total accrued liabilities	$ 137,936	$ 125,181

Warranties (Activity for Estima

Warranties (Activity for Estimated Warranty Liability) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Accrual for estimated warranties
Balance at beginning of period	$ 17,760	$ 16,670	$ 17,069	$ 16,638
Purchase accounting additions	1,192	0	1,192	0
Charged to costs and expenses	6,765	6,713	14,586	12,942
Payments and deductions	(7,154)	(6,478)	(14,284)	(12,675)
Balance at end of period	$ 18,563	$ 16,905	$ 18,563	$ 16,905

Debt and Finance Lease Obliga_3

Debt and Finance Lease Obligations (Summary of Debt Obligations) (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Mar. 30, 2019
Debt Obligations
Securitized financing 2007-1	$ 0	$ 18,364
Secured credit facilities	10,974	11,289
Other secured financings	4,217	4,487
Finance lease liability	1,043	0
Total debt obligations	$ 16,234	$ 34,140

Debt and Finance Lease Obliga_4

Debt and Finance Lease Obligations (Changes in Accretable Yield on Securitized Financings) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Accretable Yield Movement on Acquired Securitized Financings
Balance at the beginning of the period	$ 206	$ 2,697	$ 491	$ 3,515
Accretion	(206)	(774)	(577)	(1,577)
Adjustment to cash flows	0	89	86	(104)
Balance at the end of the period	$ 0	$ 1,834	$ 0	$ 1,834

Debt and Finance Lease Obliga_5

Debt and Finance Lease Obligations (Narrative) (Details) $ in Millions	6 Months Ended
	Sep. 28, 2019USD ($)
Debt Disclosure [Abstract]
Secured credit facility frequency of payments	20 or 25 year amortization period with a balloon payment due upon maturity
Maximum Advance under Secured Credit Facility	80.00%
Secured credit facilities	$ 11
Secured credit facility interest rate	4.91%

Reinsurance (Details)

Reinsurance (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Reinsurance Effect on Premiums Written and Earned
Direct premiums Written	$ 4,179	$ 3,820	$ 9,212	$ 8,361
Assumed premiums - nonaffiliate Written	6,760	6,280	14,273	13,214
Ceded premiums - nonaffiliate Written	(3,029)	(3,135)	(6,016)	(5,982)
Net premiums Written	7,910	6,965	17,469	15,593
Direct premiums Earned	4,653	4,249	9,223	8,460
Assumed premiums - nonaffiliate Earned	6,592	6,350	13,027	12,584
Ceded premiums - nonaffiliate Earned	(3,029)	(3,135)	(6,016)	(5,982)
Premiums Earned, Net	$ 8,216	$ 7,464	$ 16,234	$ 15,062

Reinsurance (Details Textual)

Reinsurance (Details Textual) $ in Thousands	6 Months Ended
	Sep. 28, 2019USD ($)
Insurance [Abstract]
Insurance policies maximum coverage per claim	$ 300
Insurance policies coverage per claim ceded to reinsurers	175
Insurance policy risk of loss maintained per claim	125
Catastrophic losses recoverable in excess of amount	1,500
Aggregate catastrophic losses recoverable in excess of amount	$ 43,500

Commitments and Contingencies_3

Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018	Mar. 30, 2019
Loss Contingencies
Reserves Related to Consumer Loans Sold	$ 1,000		$ 1,000		$ 1,000
IRLC Loan Commitment Range Minimum			30 days
IRLC Loan Commitment Range Maximum			180 days
Assets Sold under Agreements to Repurchase, Repurchase Liability	3,011		$ 3,011		2,362
Product repurchase
Loss Contingencies
Repurchase agreements period			generally 18 to 36 months, calculated from the date of sale to the distributor
Loss contingencies	3,000		$ 3,000		$ 2,400
Product repurchase | Maximum
Loss Contingencies
Loss contingencies	93,800		93,800
Letter of Credit
Loss Contingencies
Loss contingencies	11,000		11,000
CountryPlace
Loss Contingencies
IRLCs recorded at fair value	18,600		18,600
Recognized gain (loss) on outstanding IRLCs	(2)	$ (8)	(3)	$ 12
Forward Commitments Recorded at Fair Value	53,900		53,900
Recognized gain (loss) on the forward sales and whole loan commitments	$ 49	$ 237	$ 84	$ 62

Commitments and Contingencies_4

Commitments and Contingencies (Loan Contracts with Off-Balance Sheet Commitments) (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Mar. 30, 2019
Loan Contracts with Off-Balance Sheet Commitments
Construction loan contract amount	$ 32,822	$ 28,230
Remaining construction contingent commitment	18,561	15,347
Construction advances
Loan Contracts with Off-Balance Sheet Commitments
Financing Receivable, before Allowance for Credit Loss	$ (14,261)	$ (12,883)

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Sep. 28, 2019	Jun. 29, 2019	Sep. 29, 2018	Jun. 30, 2018	Sep. 28, 2019	Sep. 29, 2018
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance, common stock, shares		9,098,320			9,098,320
Ending balance, common stock, shares	9,127,466				9,127,466
Beginning balance	$ 550,337	$ 529,588	$ 475,687	$ 457,106	$ 529,588	$ 457,106
Net income	20,885	21,282	15,576	19,691	42,167	35,267
Issuance of common stock under stock incentive plans	941	(1,252)	1,995	(2,168)
Stock-based compensation	818	630	1,516	599
Other comprehensive income, net	23	89	(26)	5
Ending balance	$ 573,004	$ 550,337	$ 494,748	$ 475,687	$ 573,004	$ 494,748
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance, common stock, shares	9,111,624	9,098,320	9,061,306	9,044,858	9,098,320	9,044,858
Issuance of common stock under stock incentive plans, shares	15,842	13,304	36,053	16,448
Ending balance, common stock, shares	9,127,466	9,111,624	9,097,359	9,061,306	9,127,466	9,097,359
Beginning balance	$ 91	$ 91	$ 91	$ 90	$ 91	$ 90
Net income	0	0	0	0
Issuance of common stock under stock incentive plans	0	0	0	1
Stock-based compensation	0	0	0	0
Other comprehensive income, net	0	0	0	0
Ending balance	91	91	91	91	91	91
Additional paid-in capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	248,825	249,447	244,627	246,197	249,447	246,197
Net income	0	0	0	0
Issuance of common stock under stock incentive plans	941	(1,252)	1,995	(2,169)
Stock-based compensation	818	630	1,516	599
Other comprehensive income, net	0	0	0	0
Ending balance	250,584	248,825	248,138	244,627	250,584	248,138
Retained earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	301,360	280,078	231,147	209,381	280,078	209,381
Net income	20,885	21,282	15,576	19,691
Issuance of common stock under stock incentive plans	0	0	0	0
Stock-based compensation	0	0	0	0
Other comprehensive income, net	0	0	0	0
Ending balance	322,245	301,360	246,723	231,147	322,245	246,723
Accumulated other comprehensive income (loss)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	61	(28)	(178)	1,438	(28)	1,438
Net income	0	0	0	0
Issuance of common stock under stock incentive plans	0	0	0	0
Stock-based compensation	0	0	0	0
Other comprehensive income, net	23	89	(26)	5
Ending balance	$ 84	$ 61	$ (204)	(178)	$ 84	$ (204)
ASU 2016-01, net
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets				0
ASU 2016-01, net | Common Stock
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets				0
ASU 2016-01, net | Additional paid-in capital
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets				0
ASU 2016-01, net | Retained earnings
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets				1,621
ASU 2016-01, net | Accumulated other comprehensive income (loss)
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets				(1,621)
ASC 606, net
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets				454
ASC 606, net | Common Stock
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets				0
ASC 606, net | Additional paid-in capital
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets				0
ASC 606, net | Retained earnings
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets				454
ASC 606, net | Accumulated other comprehensive income (loss)
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets				$ 0

Stock-Based Compensation (Detai

Stock-Based Compensation (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares of Cavco common stock authorized for grant under stock incentive plans	1,650,000		1,650,000
Number of shares of Cavco common stock available for grant under stock incentive plans	229,347		229,347
Stock option exercise price as a percent of fair value of common stock			100.00%
Stock option expiration period			7 years
Stock-based compensation cost charged against income	$ 818	$ 1,500	$ 1,400	$ 2,100
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to stock options	$ 6,600		$ 6,600
Weighted-average period over stock options expected to be recognized			3 years 21 days
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Typical vesting period of stock options and restricted stock awards			5 years

Stock-Based Compensation (Stock

Stock-Based Compensation (Stock Option Activity) (Details)	6 Months Ended
	Sep. 28, 2019shares
Restricted Stock Activity, Number of Awards [Roll Forward]
Beginning balance, awards outstanding	0
Awarded	11,850
Released	(400)
Canceled or expired	0
Ending balance, awards outstanding	11,450
Stock Options
Stock Option Activity, Number of Shares [Roll Forward]
Beginning balance, shares outstanding	411,111
Granted	74,450
Exercised	(47,724)
Canceled or forfeited	0
Ending balance, shares outstanding	437,837
Shares exercisable	219,838
Performance-Based Awards
Restricted Stock Activity, Number of Awards [Roll Forward]
Beginning balance, awards outstanding	0
Awarded	7,200
Released	0
Canceled or expired	0
Ending balance, awards outstanding	7,200
Service-based awards
Restricted Stock Activity, Number of Awards [Roll Forward]
Beginning balance, awards outstanding	0
Awarded	4,650
Released	(400)
Canceled or expired	0
Ending balance, awards outstanding	4,250

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Sep. 28, 2019	Jun. 29, 2019	Sep. 29, 2018	Jun. 30, 2018	Sep. 28, 2019	Sep. 29, 2018
Earnings Per Share Computation
Net income attributable to Cavco common stockholders	$ 20,885	$ 21,282	$ 15,576	$ 19,691	$ 42,167	$ 35,267
Weighted average shares outstanding:
Basic (in shares)	9,119,835		9,079,679		9,111,260	9,064,007
Common stock equivalents - treasury stock method (in shares)	146,250		224,509		130,574	223,723
Diluted (in shares)	9,266,085		9,304,188		9,241,834	9,287,730
Net income per share attributable to Cavco common stockholders:
Basic (usd per share)	$ 2.29		$ 1.72		$ 4.63	$ 3.89
Diluted (usd per share)	$ 2.25		$ 1.67		$ 4.56	$ 3.80
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive stock equivalents excluded from computation	22,536		3,751		42,401	6,682
Restricted share awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive stock equivalents excluded from computation					11,450

Fair Value Measurements (Book V

Fair Value Measurements (Book Value and Estimated Fair Value) (Details) - USD ($) $ in Thousands		Sep. 28, 2019	Mar. 30, 2019
Book Value
Financial Instruments
Non-marketable equity investments	[1]	$ 20,926	$ 20,276
Consumer loans receivable	[2]	88,952	86,785
Interest rate lock commitment derivatives	[3]	8	11
Forward loan sale commitment derivatives	[3]	25	(59)
Commercial loans receivable	[4]	46,259	43,006
Securitized financings and other	[5]	16,234	34,140
Book Value | Available-for-sale debt securities
Financial Instruments
Investments	[6]	12,181	13,408
Book Value | Marketable equity securities
Financial Instruments
Investments	[6]	12,649	11,073
Estimated fair value
Financial Instruments
Non-marketable equity investments	[1]	20,926	20,276
Consumer loans receivable	[2]	104,294	101,001
Interest rate lock commitment derivatives	[3]	8	11
Forward loan sale commitment derivatives	[3]	25	(59)
Commercial loans receivable	[4]	46,801	43,582
Securitized financings and other	[5]	19,755	38,101
Estimated fair value | Available-for-sale debt securities
Financial Instruments
Investments	[6]	12,181	13,408
Estimated fair value | Marketable equity securities
Financial Instruments
Investments	[6]	$ 12,649	$ 11,073
[1]	The fair value approximates book value based on the non-marketable nature of the investments.
[2]	Includes consumer loans receivable held for investment, held for sale and construction advances. The fair value of the loans held for investment is based on the discounted value of the remaining principal and interest cash flows. The fair value of the loans held for sale is estimated based on recent GSE mortgage-backed bond prices. The fair value of the construction advances approximates book value and the sales price of these loans.
[3]	The fair values are based on changes in GSE mortgage-backed bond prices and, additionally for IRLCs, pull through rates.
[4]	The fair value is estimated using market interest rates of comparable loans.
[5]	The fair value is estimated using recent public transactions of similar asset-backed securities.
[6]	For Level 1 classified securities, the fair value is based on quoted market prices. The fair value of Level 2 securities is based on other inputs, as further described below.

Fair Value Measurements (Assets

Fair Value Measurements (Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Thousands		Sep. 28, 2019	Mar. 30, 2019
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Mortgage servicing rights		$ 1,278	$ 1,372
Recurring | U.S. Treasury and Government Agencies
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[1]	300	297
Recurring | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[1]	6,142	6,509
Recurring | Securities issued by states and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[1]	3,842	4,983
Recurring | Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[1]	1,897	1,619
Recurring | Marketable equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[2]	12,649	11,073
Recurring | Interest rate lock commitment derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Derivatives (asset)	[3]	8	11
Recurring | Forward loan sale commitment derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Derivatives (asset)	[3]	25
Derivatives (liability)	[3]		(59)
Recurring | Mortgage servicing rights
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Mortgage servicing rights	[4]	1,278	1,372
Level 1 | Recurring | U.S. Treasury and Government Agencies
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[1]	0	0
Level 1 | Recurring | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[1]	0	0
Level 1 | Recurring | Securities issued by states and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[1]	0	0
Level 1 | Recurring | Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[1]	0	0
Level 1 | Recurring | Marketable equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[2]	12,649	11,073
Level 1 | Recurring | Interest rate lock commitment derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Derivatives (asset)	[3]	0	0
Level 1 | Recurring | Forward loan sale commitment derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Derivatives (asset)	[3]	0
Derivatives (liability)	[3]		0
Level 1 | Recurring | Mortgage servicing rights
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Mortgage servicing rights	[4]	0	0
Level 2 | Recurring | U.S. Treasury and Government Agencies
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[1]	300	297
Level 2 | Recurring | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[1]	6,142	6,509
Level 2 | Recurring | Securities issued by states and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[1]	3,842	4,983
Level 2 | Recurring | Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[1]	1,897	1,619
Level 2 | Recurring | Marketable equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[2]	0	0
Level 2 | Recurring | Interest rate lock commitment derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Derivatives (asset)	[3]	0	0
Level 2 | Recurring | Forward loan sale commitment derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Derivatives (asset)	[3]	0
Derivatives (liability)	[3]		0
Level 2 | Recurring | Mortgage servicing rights
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Mortgage servicing rights	[4]	0	0
Level 3 | Recurring | U.S. Treasury and Government Agencies
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[1]	0	0
Level 3 | Recurring | Residential mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[1]	0	0
Level 3 | Recurring | Securities issued by states and political subdivisions
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[1]	0	0
Level 3 | Recurring | Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[1]	0	0
Level 3 | Recurring | Marketable equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Investments	[2]	0	0
Level 3 | Recurring | Interest rate lock commitment derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Derivatives (asset)	[3]	8	11
Level 3 | Recurring | Forward loan sale commitment derivatives
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Derivatives (asset)	[3]	25
Derivatives (liability)	[3]		(59)
Level 3 | Recurring | Mortgage servicing rights
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Mortgage servicing rights	[4]	$ 1,278	$ 1,372
[1]	Unrealized gains or losses on investments are recorded in Accumulated other comprehensive income (loss) at each measurement date
[2]	Unrealized gains or losses on investments are recorded in earnings at each measurement date.
[3]	Gains or losses on derivatives are recognized in current period earnings through Cost of sales.
[4]	Changes in the fair value of mortgage servicing rights are recognized in the current period earnings through Net revenue.

Fair Value Measurements (Asse_2

Fair Value Measurements (Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Mar. 30, 2019
Summary of Assets and Liabilities Measured at Fair Value for Disclosure
Non-marketable equity investments	$ 20,926	$ 20,276
Non Recurring
Summary of Assets and Liabilities Measured at Fair Value for Disclosure
Loans held for investment	72,546	76,319
Loans held for sale	17,487	11,799
Construction Loan	14,261	12,883
Commercial loans receivable	46,801	43,582
Securitized financings and other	(19,755)	(38,101)
Non-marketable equity investments	20,926	20,276
Level 1 | Non Recurring
Summary of Assets and Liabilities Measured at Fair Value for Disclosure
Loans held for investment	0	0
Loans held for sale	0	0
Construction Loan	0	0
Commercial loans receivable	0	0
Securitized financings and other	0	0
Non-marketable equity investments	0	0
Level 2 | Non Recurring
Summary of Assets and Liabilities Measured at Fair Value for Disclosure
Loans held for investment	0	0
Loans held for sale	0	0
Construction Loan	0	0
Commercial loans receivable	0	0
Securitized financings and other	(19,755)	(38,101)
Non-marketable equity investments	0	0
Level 3 | Non Recurring
Summary of Assets and Liabilities Measured at Fair Value for Disclosure
Loans held for investment	72,546	76,319
Loans held for sale	17,487	11,799
Construction Loan	14,261	12,883
Commercial loans receivable	46,801	43,582
Securitized financings and other	0	0
Non-marketable equity investments	$ 20,926	$ 20,276

Fair Value Measurements (Assump

Fair Value Measurements (Assumptions for Mortgage Servicing Rights) (Details) $ in Thousands	Sep. 28, 2019USD ($)Loans	Mar. 30, 2019USD ($)Loans
Fair Value Disclosures [Abstract]
Number of loans serviced with MSRs | Loans	4,596	4,557
Weighted average servicing fee	0.3112%	0.3159%
Capitalized servicing multiple	72.30%	77.97%
Capitalized servicing rate	0.225%	0.2463%
Serviced portfolio with MSRs	$ 567,886	$ 556,934
Mortgage servicing rights	$ 1,278	$ 1,372

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details)	6 Months Ended
	Sep. 28, 2019USD ($)
Fair Value Measurements (Textual) [Abstract]
Fair Value, Assets, Level 1, Level 2, or Level 3 Transfers, Amount	$ 0
Impairment charges on assets held for sale or held and used	$ 0
Typical period a loan is held for sale	45 days

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018	Mar. 30, 2019
Related Party Transactions [Abstract]
Net Revenue	$ 10.4	$ 9.5	$ 23.8	$ 21.2
Financing receivable, net	$ 8.1		$ 8.1		$ 6.2

Acquisition of Destiny Homes (D

Acquisition of Destiny Homes (Details) - USD ($) $ in Thousands		6 Months Ended
		Sep. 28, 2019	Aug. 02, 2019
Business Combinations [Abstract]
Consideration transferred		$ 16,500
Accounts receivable			$ 908
Inventories			5,508
Property, plant and equipment, net			5,244
Other current assets			3,290
Intangible assets	[1]		5,940
Total identifiable assets acquired			20,890
Accounts payable and accrued liabilities			(6,527)
Net identifiable assets acquired			14,363
Goodwill			2,104
Net assets acquired			16,467
Destiny Homes net revenue		6,400
Destiny Homes net income		$ 136
Trademarks and trade names			1,700
Customer-related intangible			$ 4,200
Customer-related intangible useful life		10 years
[1]	(1) Includes $1.7 million assigned to trademarks and trade names, which are considered indefinite lived intangible assets and are not subject to amortization and $4.2 million assigned to customer-related intangible subject to a useful life of 10 years amortized on a straight-line basis.

Acquisition of Destiny Homes Pr

Acquisition of Destiny Homes Pro-forma (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Business Combinations [Abstract]
Net revenue	$ 270,239	$ 252,925	$ 543,951	$ 511,369
Net income	$ 21,165	$ 16,250	$ 43,807	$ 37,464
Diluted net income per share	$ 2.28	$ 1.75	$ 4.74	$ 4.03

Business Segment Information (D

Business Segment Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 28, 2019USD ($)	Sep. 29, 2018USD ($)	Sep. 28, 2019USD ($)Segment	Sep. 29, 2018USD ($)
Business Segment Information
Number of operating segments | Segment			2
Net revenue	$ 268,675	$ 241,530	$ 532,717	$ 487,933
Income before income taxes	27,255	19,517	54,617	43,653
Factory-built housing
Business Segment Information
Net revenue	252,690	227,094	501,458	459,856
Income before income taxes	22,463	16,880	46,776	38,488
Financial services
Business Segment Information
Net revenue	15,985	14,436	31,259	28,077
Income before income taxes	$ 4,792	$ 2,637	$ 7,841	$ 5,165