Exhibit 99.2
Fleetwood Enterprises, Inc.
SUPPLEMENTAL OPERATING DATA
Quarter Ended January 27, 2008
(Unaudited)
(Dollars in thousands, except price per unit)
|
| Recreational Vehicle Group |
|
|
|
|
|
|
|
|
| ||||||||||||||||||||
|
| Motor |
| Travel |
| Folding |
|
|
| Housing |
| Supply |
|
|
| Company |
| ||||||||||||||
|
| Homes |
| Trailers |
| Trailers |
| Total |
| Group |
| Group |
| Other |
| Total |
| ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
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|
| ||||||||||||||
Operating revenues |
| $ | 192,259 |
| $ | 46,007 |
| $ | 15,890 |
| $ | 254,156 |
| $ | 96,467 |
| $ | 4,875 | (A) | $ | — |
| $ | 355,498 |
| ||||||
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|
|
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|
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|
|
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|
|
|
| ||||||||||||||
Units sold |
| 1,530 |
| 2,170 |
| 1,872 |
| 5,572 |
| 2,527 |
|
|
|
|
|
|
| ||||||||||||||
Single-sections |
|
|
|
|
|
|
|
|
| 671 |
|
|
|
|
|
|
| ||||||||||||||
Multi-sections |
|
|
|
|
|
|
|
|
| 1,851 |
|
|
|
|
|
|
| ||||||||||||||
Modulars |
|
|
|
|
|
|
|
|
| 5 |
|
|
|
|
|
|
| ||||||||||||||
Class As |
| 1,189 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Class Cs |
| 341 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Conventional trailers |
|
|
| 1,619 |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Fifth-wheel trailers |
|
|
| 551 |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Average selling price per unit |
| $ | 125,659 |
| $ | 21,201 |
| $ | 8,488 |
| NM |
| $ | 38,175 |
|
|
|
|
|
|
| ||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Gross profit percent |
| 12.5 | % | 4.1 | % | 12.0 | % | 11.0 | % | 21.5 | % | 1.0 | % | NM |
| 13.8 | % | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Operating loss |
| $ | (1,164 | ) | $ | (1,861 | ) | $ | (1,206 | ) | $ | (4,231 | ) | $ | (2,588 | ) | $ | (1,943 | ) | $ | (2,412 | ) | $ | (11,174 | ) | ||||||
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
| ||||||||||||||
Operating margin |
| (0.6 | )% | (4.0 | )% | (7.6 | )% | (1.7 | )% | (2.7 | )% | (39.9 | )% | NM |
| (3.1 | )% | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Depreciation |
| $ | 1,304 |
| $ | 290 |
| $ | 221 |
| $ | 1,815 |
| $ | 1,270 |
| $ | 316 |
| $ | 1,273 |
| $ | 4,674 |
| ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Capital expenditures (est.) |
| $ | 437 |
| $ | 85 |
| $ | — |
| $ | 522 |
| $ | 436 |
| $ | 85 |
| $ | 428 |
| $ | 1,471 |
| ||||||
(A) Excludes $16.9 million of intercompany sales.
NM Not meaningful.
Fleetwood Enterprises, Inc.
SUPPLEMENTAL OPERATING DATA
Quarter Ended January 28, 2007
(Unaudited)
(Dollars in thousands, except price per unit)
|
| Recreational Vehicle Group |
|
|
|
|
|
|
|
|
| ||||||||||||||||||||
|
| Motor |
| Travel |
| Folding |
|
|
| Housing |
| Supply |
|
|
| Company |
| ||||||||||||||
|
| Homes |
| Trailers |
| Trailers |
| Total |
| Group |
| Group |
| Other |
| Total |
| ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Operating revenues |
| $ | 227,851 |
| $ | 81,786 |
| $ | 14,339 |
| $ | 323,976 |
| $ | 108,687 |
| $ | 10,509 | (A) | $ | — |
| $ | 443,172 |
| ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Units sold |
| 1,838 |
| 4,350 |
| 1,868 |
| 8,056 |
| 2,827 |
|
|
|
|
|
|
| ||||||||||||||
Single-sections |
|
|
|
|
|
|
|
|
| 673 |
|
|
|
|
|
|
| ||||||||||||||
Multi-sections |
|
|
|
|
|
|
|
|
| 2,154 |
|
|
|
|
|
|
| ||||||||||||||
Pre-owned |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Class As |
| 1,506 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Class Cs |
| 332 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Conventional trailers |
|
|
| 3,349 |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Fifth-wheel trailers |
|
|
| 1,001 |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Average selling price per unit |
| $ | 123,967 |
| $ | 18,801 |
| $ | 7,676 |
| NM |
| $ | 38,446 |
|
|
|
|
|
|
| ||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Gross profit percent |
| 14.6 | % | 0.3 | % | 4.9 | % | 10.5 | % | 20.9 | % | 12.9 | % | NM |
| 13.2 | % | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Operating income (loss) |
| $ | 5,252 |
| $ | (17,543 | ) | $ | (3,532 | ) | $ | (15,823 | ) | $ | (7,770 | ) | $ | (727 | ) | $ | (607 | ) | $ | (24,927 | ) | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Operating margin |
| 2.3 | % | (21.4 | )% | (24.6 | )% | (4.9 | )% | (7.1 | )% | (6.9 | )% | NM |
| (5.6 | )% | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Depreciation |
| $ | 1,427 |
| $ | 424 |
| $ | 259 |
| $ | 2,110 |
| $ | 1,736 |
| $ | 333 |
| $ | 1,487 |
| $ | 5,666 |
| ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||
Capital expenditures (est.) |
| $ | 247 |
| $ | 192 |
| $ | 270 |
| $ | 709 |
| $ | 750 |
| $ | 186 |
| $ | 70 |
| $ | 1,715 |
| ||||||
(A) Excludes $23.5 million of intercompany sales.
NM Not meaningful.
Fleetwood Enterprises, Inc.
SUPPLEMENTAL OPERATING DATA
Fiscal Year-To-Date January 27, 2008
(Unaudited)
(Dollars in thousands, except price per unit)
|
| Recreational Vehicle Group |
|
|
|
|
|
|
|
|
| |||||||||||||||||||||
|
| Motor |
| Travel |
| Folding |
|
|
| Housing |
| Supply |
|
|
| Company |
| |||||||||||||||
|
| Homes |
| Trailers |
| Trailers |
| Total |
| Group |
| Group |
| Other |
| Total |
| |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Operating revenues |
| $ | 729,716 |
| $ | 157,631 |
| $ | 59,442 |
| $ | 946,789 |
| $ | 390,371 |
| $ | 18,715 | (A) | $ | — |
| $ | 1,355,875 |
| |||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Units sold |
| 6,088 |
| 7,781 |
| 6,476 |
| 20,345 |
| 10,266 |
|
|
|
|
|
|
| |||||||||||||||
Single-sections |
|
|
|
|
|
|
|
|
| 2,548 |
|
|
|
|
|
|
| |||||||||||||||
Multi-sections |
|
|
|
|
|
|
|
|
| 7,158 |
|
|
|
|
|
|
| |||||||||||||||
Modulars |
|
|
|
|
|
|
|
|
| 560 |
|
|
|
|
|
|
| |||||||||||||||
Class As |
| 4,540 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Class Cs |
| 1,548 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Conventional trailers |
|
|
| 6,067 |
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Fifth-wheel trailers |
|
|
| 1,714 |
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Average selling price per unit |
| $ | 119,861 |
| $ | 20,258 |
| $ | 9,179 |
| NM |
| $ | 38,026 |
|
|
|
|
|
|
| |||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Gross profit percent |
| 14.0 | % | 2.7 | % | 16.6 | % | 12.3 | % | 22.3 | % | 10.0 | % | NM |
| 15.5 | % | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Operating income (loss) |
| $ | 16,943 |
| $ | (17,620 | ) | $ | (606 | ) | $ | (1,283 | ) | $ | 7,126 |
| $ | (923 | ) | $ | (5,672 | ) | $ | (752 | ) | |||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Operating margin |
| 2.3 | % | (11.2 | )% | (1.0 | )% | (0.1 | )% | 1.8 | % | (4.9 | )% | NM |
| (0.1 | )% | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Depreciation |
| $ | 4,004 |
| $ | 980 |
| $ | 703 |
| $ | 5,687 |
| $ | 4,024 |
| $ | 1,018 |
| $ | 3,945 |
| $ | 14,674 |
| |||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Capital expenditures (est.) |
| $ | 927 |
| $ | 855 |
| $ | 30 |
| $ | 1,812 |
| $ | 1,892 |
| $ | 771 |
| $ | 781 |
| $ | 5,256 |
| |||||||
(A) |
| Excludes $68.3 million of intercompany sales. |
NM |
| Not meaningful. |
Fleetwood Enterprises, Inc.
SUPPLEMENTAL OPERATING DATA
Fiscal Year-To-Date January 28, 2007
(Unaudited)
(Dollars in thousands, except price per unit)
|
| Recreational Vehicle Group |
|
|
|
|
|
|
|
|
| ||||||||||||||
|
| Motor |
| Travel |
| Folding |
|
|
| Housing |
| Supply |
|
|
| Company |
| ||||||||
|
| Homes |
| Trailers |
| Trailers |
| Total |
| Group |
| Group |
| Other |
| Total |
| ||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
Operating revenues |
| $ | 683,724 |
| $ | 307,585 |
| $ | 68,484 |
| $ | 1,059,793 |
| $ | 401,332 |
| $ | 38,391 | (A) | $ | — |
| $ | 1,499,516 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
Units sold |
| 6,110 |
| 17,469 |
| 7,899 |
| 31,478 |
| 10,200 |
|
|
|
|
|
|
| ||||||||
Single-sections |
|
|
|
|
|
|
|
|
| 2,316 |
|
|
|
|
|
|
| ||||||||
Multi-sections |
|
|
|
|
|
|
|
|
| 7,884 |
|
|
|
|
|
|
| ||||||||
Pre-owned |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
Class As |
| 4,738 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
Class Cs |
| 1,372 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
Conventional trailers |
|
|
| 14,042 |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
Fifth-wheel trailers |
|
|
| 3,427 |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
Average selling price per unit |
| $ | 111,902 |
| $ | 17,607 |
| $ | 8,670 |
| NM |
| $ | 39,346 |
|
|
|
|
|
|
| ||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
Gross profit percent |
| 13.1 | % | 3.8 | % | 15.4 | % | 10.6 | % | 21.2 | % | 15.5 | % | NM |
| 13.7 | % | ||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
Operating income (loss) |
| $ | 633 |
| $ | (41,881 | ) | $ | (2,726 | ) | $ | (43,974 | ) | $ | (4,319 | ) | $ | 1,392 |
| $ | (1,486 | ) | $ | (48,387 | ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
Operating margin |
| 0.1 | % | (13.6 | )% | (4.0 | )% | (4.1 | )% | (1.1 | )% | 3.6 | % | NM |
| (3.2 | )% | ||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
Depreciation |
| $ | 4,008 |
| $ | 1,525 |
| $ | 796 |
| $ | 6,329 |
| $ | 5,246 |
| $ | 1,002 |
| $ | 4,711 |
| $ | 17,288 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
Capital expenditures (est.) |
| $ | 1,608 |
| $ | 425 |
| $ | 499 |
| $ | 2,532 |
| $ | 1,825 |
| $ | 997 |
| $ | 814 |
| $ | 6,168 |
|
(A) | Excludes $88.1 million of intercompany sales. |
NM | Not meaningful. |
Fleetwood Enterprises, Inc.
SUPPLEMENTAL OPERATIONAL DATA
Quarter Ended January 27, 2008
(Unaudited)
(Dollars in thousands)
|
| Recreational Vehicle Group |
|
|
|
|
| |||||||||||
|
| Motor |
| Travel |
| Folding |
|
|
| Housing |
| Supply |
| |||||
|
| Homes |
| Trailers |
| Trailers |
| Total |
| Group |
| Group |
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Number of facilities (A) |
| 3 |
| 5 |
| 1 |
| 9 |
| 19 |
| 3 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Capacity utilization |
| 41 | % | 49 | % | 59 | % | NM |
| 30 | % | NM |
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Number of independent distribution points (B) |
| 283 |
| 560 |
| 266 |
| NM |
| 1,397 |
| NM |
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Backlog - units |
| 821 |
| 1,841 |
| 278 |
| 2,940 |
| 543 |
| NM |
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Backlog - sales value (C) |
| $ | 103,166 |
| $ | 39,032 |
| $ | 2,360 |
| $ | 144,558 |
| $ | 40,904 | (D) | NM |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Dealer inventories (units) |
| 4,457 |
| 11,036 |
| 6,894 |
| NM |
| 5,604 |
| NM |
| |||||
(A) Number of active facilities at the end of the quarter.
(B) Distribution points may represent multiple product types causing some duplication.
(C) The number of units in the backlog multiplied by the average selling price.
(D) Includes backlog for modular military orders (production of which is expected to run into the second quarter of fiscal 2009).
NM Not meaningful.
Fleetwood Enterprises, Inc.
SUPPLEMENTAL OPERATIONAL DATA
Quarter Ended January 28, 2007
(Unaudited)
(Dollars in thousands)
|
| Recreational Vehicle Group |
|
|
|
|
| |||||||||||
|
| Motor |
| Travel |
| Folding |
|
|
| Housing |
| Supply |
| |||||
|
| Homes |
| Trailers |
| Trailers |
| Total |
| Group |
| Group |
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Number of facilities (A) |
| 3 |
| 9 |
| 1 |
| 13 |
| 22 |
| 3 |
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Capacity utilization |
| 46 | % | 48 | % | 59 | % | NM |
| 35 | % | NM |
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Number of independent distribution points (B) |
| 253 |
| 607 |
| 324 |
| NM |
| 1,083 |
| NM |
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Backlog - units |
| 1,505 |
| 3,359 |
| 118 |
| 4,982 |
| 393 |
| NM |
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Backlog - sales value (C) |
| $ | 186,570 |
| $ | 63,153 |
| $ | 905 |
| $ | 250,628 |
| $ | 15,074 |
| NM |
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Dealer inventories (units) |
| 4,189 |
| 18,254 |
| 7,436 |
| NM |
| 6,561 |
| NM |
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(A) Number of active facilities at the end of the quarter.
(B) Distribution points may represent multiple product types causing some duplication.
(C) The number of units in the backlog multiplied by the average selling price.
NM Not meaningful.