Skyline Champion (SKY) 10-Q 9 Aug 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Jun. 30, 2018	Aug. 07, 2018
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Trading Symbol	SKY
Entity Registrant Name	SKYLINE CHAMPION CORP
Entity Central Index Key	90,896
Current Fiscal Year End Date	--03-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		56,475,352

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Mar. 31, 2018
Current assets:
Cash and cash equivalents	$ 80,891	$ 113,731
Trade accounts receivable, net	56,006	41,984
Inventories	114,105	98,022
Other current assets	12,530	9,367
Total current assets	263,532	263,104
Property, plant and equipment, net	111,948	67,960
Restricted cash		22,885
Goodwill	178,041	3,179
Amortizable intangible assets, net	44,357	1,542
Deferred tax assets	38,538	30,290
Other noncurrent assets	12,942	6,438
Total assets	649,358	395,398
Current liabilities:
Floor plan payable	29,501	29,825
Short-term portion of debt		404
Accounts payable	43,262	36,773
Other current liabilities	113,842	100,112
Total current liabilities	186,605	167,114
Long-term liabilities:
Long-term debt	59,330	58,927
Deferred tax liabilities	3,321	3,294
Other long-term liabilities	20,533	12,766
Total long-term liabilities	83,184	74,987
Contingent liabilities (Note 17)
Equity:
Common stock, $0.0277 par value, 115,000 shares authorized, 56,188 shares issued as of June 30, 2018 (including 3,006 shares subject to stock restriction agreements)	1,556
Additional paid-in capital	388,854
Members' contributed capital		140,076
Retained earnings (accumulated deficit)	(853)	22,514
Accumulated other comprehensive loss	(9,988)	(9,293)
Total equity	379,569	153,297
Total liabilities and equity	$ 649,358	$ 395,398

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2018	Mar. 31, 2018
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.0277	$ 0.0277
Common stock, shares authorized	115,000,000	115,000,000
Common stock, shares issued	56,188,000
Shares subject to stock restriction agreements	3,006,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2018	Jul. 01, 2017
Income Statement [Abstract]
Net Sales	$ 322,261	$ 244,103
Cost of sales	267,101	208,071
Gross profit	55,160	36,032
Selling, general, and administrative expenses	45,088	26,798
Operating income	10,072	9,234
Interest expense, net	1,072	1,101
Other expense	6,413	81
Income before income taxes	2,587	8,052
Income tax expense	3,440	2,789
Net (loss) income	(853)	5,263
Comprehensive (loss) income:
Net (loss) income	(853)	5,263
Foreign currency translation (loss) gain	(695)	817
Comprehensive (loss) income	$ (1,548)	$ 6,080
Net (loss) income per share:
Basic	$ (0.02)	$ 0.11
Diluted	$ (0.02)	$ 0.11

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2018	Jul. 01, 2017
Cash flows from operating activities
Net (loss) income	$ (853)	$ 5,263
Adjustments to reconcile net (loss) income to net cash provided by operating activities
Depreciation	2,430	1,842
Amortization of intangible assets	481	126
Amortization of deferred financing fees	159	15
Equity-based compensation	8,088	150
Deferred income taxes	1,251	1,168
(Gain) loss on disposal of property, plant and equipment	(1)	12
Foreign currency transaction loss (gain)	67	(479)
(Increase) decrease in assets net of business acquired
Accounts receivable	(178)	(4,656)
Inventories	2,648	(6,664)
Prepaid expenses	(2,093)	(2,288)
Other assets	478	1,158
Increase (decrease) in liabilities net of business acquired
Accounts payable	(3,306)	3,681
Accrued expenses	(5,832)	(7,372)
Other liabilities	926	6,147
Net cash provided by (used in) operating activities	4,265	(1,897)
Cash flows from investing activities
Additions to property, plant, and equipment	(2,020)	(3,958)
Cash assumed in business acquisition	9,722
Proceeds from disposal of property, plant and equipment	1	388
Decrease in note receivable	35	22
Net cash provided by (used in) investing activities	7,738	(3,548)
Cash flows from financing activities
Borrowings on revolving credit facility	46,900
Changes in floor plan financing, net	(325)	2,012
Payments on term loans and capital leases	(46,899)	(109)
Payments for deferred financing fees	(1,901)
Members' capital distributions	(65,277)
Net cash (used in) provided by financing activities	(67,502)	1,903
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(226)	687
Net decrease in cash, cash equivalents and restricted cash during the period	(55,725)	(2,855)
Cash, cash equivalents and restricted cash at beginning of period	136,616	102,692
Cash, cash equivalents and restricted cash at end of period	80,891	99,837
Supplemental disclosures of cash flow information
Cash paid for income taxes, net of refunds	1,292	1,594
Cash paid for interest	$ 1,456	$ 1,398

Condensed Consolidated Stateme6

Condensed Consolidated Statement of Stockholder's' Equity - 3 months ended Jun. 30, 2018 - USD ($) shares in Thousands, $ in Thousands	Total	Members' Contributed Capital [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings (Accumulated Deficit) [Member]	Accumulated Other Comprehensive Loss [Member]
Beginning balance at Mar. 31, 2018	$ 153,297	$ 140,076			$ 22,514	$ (9,293)
Members' capital distributions	(65,277)	(42,763)			(22,514)
Exchange of membership interest for shares of Skyline Champion Corporation	285,165	$ (97,313)	$ 1,555	$ 380,923
Exchange of membership interest for shares of Skyline Champion Corporation , shares			56,143
Foreign currency translation adjustments	(695)					(695)
Equity-based compensation	7,932		$ 1	7,931
Equity-based compensation, shares			45
Net loss	(853)				(853)
Ending balance at Jun. 30, 2018	$ 379,569		$ 1,556	$ 388,854	$ (853)	$ (9,988)
Ending balance, shares at Jun. 30, 2018			56,188

Condensed Consolidated Stateme7

Condensed Consolidated Statement of Stockholder's' Equity (Parenthetical) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018
Statement of Stockholders' Equity [Abstract]
Foreign currency translation adjustments	$ (9,988)	$ (9,293)

Basis of Presentation and Busin

Basis of Presentation and Business	3 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Basis of Presentation and Business	1. Basis of Presentation and Business The accompanying unaudited consolidated financial statements of Skyline Champion Corporation (the “Company”), have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) for Quarterly Reports on Form 10-Q S-X. The consolidated financial statements include the accounts of the Company and its majority-owned subsidiaries after elimination of intercompany balances and transactions. In the opinion of management, these statements include all of the normal recurring adjustments necessary to fairly state the Company’s consolidated results of operations, cash flows and financial position. These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the notes to the audited consolidated financial statements included as an exhibit to the Company’s Current Report on Form 8-K/A, The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and the accompanying notes thereto. Actual results could differ from those estimates. The condensed consolidated statements of comprehensive income (loss) and condensed consolidated statements of cash flows for the interim periods are not necessarily indicative of the results of operations or cash flows for the full year. The Company’s fiscal year is a 52- 53-week The Company is a leading producer of factory-built housing in the United States (“U.S.”) and Canada and serves as a complete solutions provider across complementary and vertically integrated businesses including manufactured construction, company-owned retail locations, and transportation logistics services. The Company is the second largest factory-built solutions provider in North America based on revenue and markets its homes under several nationally recognized brand names including Skyline Homes, Champion Homes, Redman Homes, Dutch Housing, Excel Homes, Silvercrest, Titan Homes, Moduline, and SRI Homes. As of June 30, 2018, the Company operates 31 manufacturing facilities throughout the U.S. and five manufacturing facilities in western Canada that primarily construct factory-built, timber-framed manufactured and modular houses that are sold primarily to independent retailers and builders/developers, including manufactured home community operators. The Company’s retail operations consist of 21 sales centers that sell manufactured homes to consumers primarily in the southern U.S. The Company’s transportation business primarily engages independent owners/drivers to transport manufactured homes and recreational vehicles throughout the U.S. and Canada. Recently Issued Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842) In January 2017, the FASB issued ASU No. 2017-04, Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment There were no other accounting standards recently issued that are expected to have a material impact on our financial position or results of operations.

Business Combination

Business Combination	3 Months Ended
	Jun. 30, 2018
Business Combinations [Abstract]
Business Combination	2. Business Combination On January 5, 2018, Champion Holdings and the Company entered into the Exchange Agreement pursuant to which the two companies agreed to combine their operations. The Exchange was completed on June 1, 2018 and was accounted for as a reverse acquisition under the acquisition method of accounting as provided by the FASB Accounting Standards Codification 805, Business Combinations The purchase price of the acquisition was determined with reference to the value of equity (common stock) of the Company based on the closing price on June 1, 2018 of $33.39 per share. The purchase price has been allocated to the assets acquired and liabilities assumed using their estimated fair values at June 1, 2018, the closing of the Exchange. The purchase price and its allocation are preliminary and have been used to prepare the accompanying condensed consolidated financial statements. The final purchase price and its allocation will be determined when the Company has completed the necessary valuations and calculations. The final allocation could differ materially from the preliminary allocation used in the accompanying condensed consolidated financial statements. The final allocation may include (i) changes in fair values of property, plant and equipment, (ii) changes in allocations to intangible assets, and (iii) other changes to the fair value assigned to the assets and liabilities. The preliminary estimated purchase price was allocated as follows: (Dollars in thousands) Allocation Cash $ 9,722 Trade accounts receivable 13,876 Inventory 19,028 Property, plant and equipment 44,642 Deferred tax assets, net 9,733 Other assets 6,349 Accounts payable and accrued liabilities (36,319 ) Intangibles 43,300 Goodwill 174,834 Total preliminary estimated purchase price allocation $ 285,165 The preliminary estimated goodwill is primarily attributable to expected synergies from the combination of the companies, including, but not limited to, expected cost synergies through procurement activities and operational improvements through sharing of best practices. Goodwill, which is not deductible for income tax purposes, was allocated to the U.S. Factory-built Housing reporting unit. Cash, trade receivables, other assets, accounts payable, accrued and other liabilities were generally stated at historical carrying values given the short-term nature of these assets and liabilities. Intangible assets consist primarily of provisional amounts recognized for the fair value of customer relationships and trade names and were based on an independent appraisal. Customer-based assets include the Company’s established relationships with its customers and the ability of those customers to generate future economic profits for the Company. The Company estimates that these intangible assets have a weighted average useful life of ten years. Fair value estimates of property, plant and equipment were based on independent appraisals, giving consideration to the highest and best use of the assets. Key assumptions used in the appraisals were based on a combination of market and cost approaches, as appropriate. For further information on acquired assets measured at fair value, see Note 6, Goodwill and Intangible Assets. The Company allocated a portion of the preliminary estimated purchase price to certain realizable deferred tax assets totaling $28.4 million. Deferred tax assets are primarily federal and state net operating loss carryforwards and credits offset by a valuation allowance for certain state net operating loss carryforwards that are not expected to be realized. The deferred tax assets are offset by deferred tax liabilities of $18.7 million resulting from the purchase price allocation step-up Included in the Company’s results of operations for the three months ended June 30, 2018, are results from the business acquired as follows: (Dollars in thousands) Three Months Ended June 30, 2018 Net sales $ 22,061 A summary of the results of operations for the Company, on an as reported and on a pro forma basis, are as follows: Three Months Ended Three Months Ended (Dollars in thousands, except per share amounts) Reported Pro forma Reported Pro forma Net sales $ 322,261 $ 368,065 $ 244,103 $ 303,565 Net (loss) income (853 ) 14,256 5,263 6,189 The pro forma results are based on adding the historical results of operations of Champion Holdings and the Company and adjusting primarily for the amortization of intangibles created in the Exchange; the increase in depreciation as a result of the step-up one-time The Exchange Agreement provided that Champion Holdings was permitted to pay a capital distribution prior to completion of the Exchange to the extent it had cash in excess of debt and other debt-like items and unpaid Exchange fees and expenses. Prior to the completion of the Exchange, Champion Holdings made a capital distribution to its members equal to an aggregate of $65.3 million (of which $22.5 million was reflected as a reduction to retained earnings (accumulated deficit) and $42.8 million was reflected as a reduction to members’ contributed capital).

Cash, Cash Equivalents and Rest

Cash, Cash Equivalents and Restricted Cash	3 Months Ended
	Jun. 30, 2018
Text Block [Abstract]
Cash, Cash Equivalents and Restricted Cash	3. Cash, Cash Equivalents and Restricted Cash On April 1, 2018, the Company adopted ASU 2016-18, Restricted Cash A reconciliation of cash, cash equivalents and restricted cash was as follows: (Dollars in thousands) June 30, March 31, Balance sheet – cash and cash equivalents $ 80,891 $ 113,731 Balance sheet – restricted cash — 22,885 Statement of cash flows – cash, cash equivalents and restricted cash $ 80,891 $ 136,616

Inventories

Inventories	3 Months Ended
	Jun. 30, 2018
Inventory Disclosure [Abstract]
Inventories	4. Inventories The components of inventories, including inventories for the Company’s manufacturing and retail operations, were as follows: (Dollars in thousands) June 30, March 31, Raw materials $ 47,746 $ 37,852 Work in process 13,600 10,004 Finished goods and other 52,759 50,166 Total inventories $ 114,105 $ 98,022 At June 30, 2018 and March 31, 2018, reserves for obsolete inventory were $3.9 million and $3.5 million, respectively.

Property, Plant, and Equipment

Property, Plant, and Equipment	3 Months Ended
	Jun. 30, 2018
Property, Plant and Equipment [Abstract]
Property, Plant, and Equipment	5. Property, Plant, and Equipment Property, plant and equipment are stated at cost. Depreciation is calculated primarily on the straight-line method, generally over the following estimated useful lives: land improvements – 3 to 10 years; buildings and improvements – 8 to 25 years; and vehicles and machinery and equipment – 3 to 8 years. Depreciation expense, including amortization of assets under capital lease, for the three months ended June 30, 2018 and July 1, 2017 was $2.4 million and $1.8 million, respectively. The components of property, plant, and equipment were as follows: (Dollars in thousands) June 30, March 31, Land and improvements $ 34,545 $ 22,071 Buildings and improvements 84,974 58,179 Machinery and equipment 37,279 31,924 Construction in progress 2,572 919 Property, plant and equipment, at cost 159,370 113,093 Less accumulated depreciation 47,422 45,133 Property, plant, and equipment, net $ 111,948 $ 67,960

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	6. Goodwill and Intangible Assets Goodwill Goodwill represents the excess of the cost of an acquired business over the fair value of the identifiable tangible and intangible assets acquired and liabilities assumed in a business combination. At June 30, 2018 and March 31, 2018, the Company had goodwill of $178.0 million and $3.2 million, respectively. The increase during the three months ended June 30, 2018 is a result of goodwill recognized in the Exchange. Intangible Assets The components of amortizable intangible assets were as follows: June 30, 2018 March 31, 2018 (Dollars in thousands) Customer Trade Total Customer Trade Total Gross carrying amount $ 40,025 $ 13,121 $ 53,146 $ 5,739 $ 4,268 $ 10,007 Accumulated amortization (5,789 ) (3,000 ) (8,789 ) (5,610 ) (2,855 ) (8,465 ) Amortizable intangibles, net $ 34,236 $ 10,121 $ 44,357 $ 129 $ 1,413 $ 1,542 Weighted average amortization period, in years 9.9 9.3 9.8 4.3 5.5 5.4 During the three months ended June 30, 2018, the Company recognized finite-lived intangibles for customer relationships of $34.4 million and trade names of $8.9 million as a result of the allocaton of the preliminary estimated purchase price from the Exchange. The fair value of the customer relationship intangible asset was estimated using the multi-period excess earnings method of the income approach. The final determination of the customer relationship intangible asset will depend on changes to the assumptions used for projected cash flows attributable to the acquired customer relationships, the annual attrition rate of existing customer relationships, the contributory asset charges attributable to the assets that support the customer relationships, such as net working capital, property, plant and equipment, trade name, and workforce, the economic life and the discount rate as determined at the time of the final valuation. The fair value of the trade name intangible asset was estimated using the relief-from-royalty method of the income approach. The final determination of the trade names intangible asset will depend on changes to assumptions used for the expected life of the intangible asset, the royalty rate and the discount rate that reflects the level of risk associated with the future cash flows as determined at the time of the final valuation. During the three months ended June 30, 2018 and July 1, 2017, amortization of intangible assets was $0.5 million and $0.1 million, respectively.

Other Current Liabilities

Other Current Liabilities	3 Months Ended
	Jun. 30, 2018
Other Liabilities Disclosure [Abstract]
Other Current Liabilities	7. Other Current Liabilities The components of other current liabilities were as follows: (Dollars in thousands) June 30, March 31, Customer deposits and receipts in excess of revenues $ 29,373 $ 24,557 Accrued volume rebates 16,362 17,037 Accrued warranty obligations 17,048 12,530 Accrued compensation and payroll taxes 24,380 24,100 Accrued insurance 14,409 11,112 Other 12,270 10,776 Total other current liabilities $ 113,842 $ 100,112

Accrued Warranty Obligations

Accrued Warranty Obligations	3 Months Ended
	Jun. 30, 2018
Guarantees and Product Warranties [Abstract]
Accrued Warranty Obligations	8. Accrued Warranty Obligations Changes in the accrued warranty obligations were as follows: Three Months Ended (Dollars in thousands) June 30, July 1, Balance at beginning of period $ 15,430 $ 14,534 Warranty assumed in the Exchange 7,109 — Warranty expense 7,219 6,273 Cash warranty payments (7,010 ) (5,498 ) Balance at end of period 22,748 15,309 Less noncurrent portion in other long-term liabilities 5,700 2,600 Total current portion $ 17,048 $ 12,709

Debt and Floor Plan Payable

Debt and Floor Plan Payable	3 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Debt and Floor Plan Payable	9. Debt and Floor Plan Payable Long-term debt consisted of the following: (Dollars in thousands) June 30, March 31, Revolving credit facility $ 46,900 $ — Obligations under industrial revenue bonds due 2029 12,430 12,430 Capital lease obligations and other debt 2 4 Term Loans due March 2020 — 46,897 Total debt 59,332 59,331 Less current portion 2 404 Total long-term debt $ 59,330 $ 58,927 On June 5, 2018, the Company entered into a credit agreement (the “New Credit Agreement”) with a syndicate of banks. The New Credit Agreement provides for a revolving credit facility of up to $100.0 million, including a letter of credit sub-facility The New Credit Agreement matures on June 5, 2023 and has no scheduled amortization. The interest rate under the New Credit Agreement adjusts based on the first lien net leverage of the Company. For the fiscal quarters ending September 2018 and December 2018, the annual interest rate is the London Interbank Offered Rate (“LIBOR”) plus 1.75% or an alternative base rate described in the New Credit Agreement (“ABR”) plus 0.75%, at the election of the Company. Thereafter, the interest rate adjusts based on the first lien net leverage from a high of LIBOR plus 2.25% and ABR plus 1.25% when first lien net leverage is equal to or greater than 2.00:1.00, to a low of LIBOR plus 1.50% and ABR plus 0.50% when first lien net leverage is below 0.50:1.00. In addition, the Company is obligated to pay a commitment fee ranging between 0.40% and 0.25% (depending on first lien net leverage) in respect of unused commitments under the New Credit Agreement. At June 30, 2018, and for the period between June 5, 2018 and June 30, 2018, the interest rate on borrowings under the New Credit Agreement was 4.1%. Prior to entering into the New Credit Agreement, the Company had outstanding Term Loans of $46.9 million under a prior credit agreement with lenders that primarily included the Company’s equity holders and certain of their affiliates. The weighted average interest rate on the Term Loans, priced using LIBOR plus an applicable margin, was approximately 7.4% and 6.5% for the period outstanding during the three months ended June 5, 2018 and July 1, 2017, respectively. Also, prior to entering into the New Credit Agreement, the Company provided letters of credit issued by a commercial bank under a separate stand-alone facility collateralized with restricted cash of 101% of the issued letters of credit. At June 30, 2018, letters of credit issued under the stand-alone facility totaled $22.6 million. Subsequent to entering into the New Credit Agreement, the Company is no longer required to back those letters of credit with restricted cash, rather they are supported by a sub-facility Obligations under industrial revenue bonds are supported by letters of credit and bear interest based on a municipal bond index rate. The interest rate at June 30, 2018, including related costs and fees, was approximately 5.0%. The weighted average interest rate, including related costs and fees, for the three months ended June 30, 2018 and July 1, 2017 was approximately 3.7% and 2.4%, respectively. The industrial revenue bonds require lump-sum The New Credit Agreement contains covenants that restrict the amount of additional debt, liens and certain payments, including equity buybacks, investments, dispositions, mergers and consolidations, among other restrictions as defined. The Company was in compliance with all covenants of the New Credit Agreement as of June 30, 2018. Floor Plan Payable The Company’s retail operations utilize floor plan financing to fund the acquisition of manufactured homes for display or resale. At June 30, 2018 and March 31, 2018, the Company had outstanding borrowings on floor plan financing agreements of $29.5 million and $29.8 million, respectively. Total available borrowings under the agreements as of June 30, 2018 were $43.0 million. Borrowings are secured by the homes and are required to be repaid when the Company sells the home to a customer. The weighted average interest rate on floor plan payables was 5.9% and 6.0% at June 30, 2018 and March 31, 2018, respectively.

Revenue Recognition

Revenue Recognition	3 Months Ended
	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Revenue Recognition	10. Revenue Recognition In May 2014, the FASB issued an amendment on revenue recognition. The amendment created Topic 606, Revenue from Contracts with Customers, Revenue Recognition 605-35, Revenue Recognition - Construction-Type and Production-Type Contracts 340-40, Other Assets and Deferred Costs - Contracts with Customers On April 1, 2018, the Company adopted ASC 606 using the modified retrospective method as applied to customer contracts that were not completed as of March 31, 2018. As a result, financial information for reporting periods beginning after March 31, 2018, are presented in accordance with ASC 606 while prior reporting periods are not adjusted and continue to be reported in accordance with the Company’s revenue recognition policies prior to the adoption of ASC 606. There was not a material impact to revenues as a result of applying ASC 606 for the three months ended June 30, 2018 and the effects of adoption to our business processes, systems or internal controls were not significant. The Company’s revenue is recognized when performance obligations under the terms of a contract are satisfied which generally occurs with the transfer of control of our products. The Company enters into contracts with its customers to provide manufactured homes, modular homes, park models, commercial structures and transportation services. Generally, the Company’s contracts do not provide for a specified quantity of products and may be terminated by the Company’s customers at any time. Historically, terminations of these contracts have been minimal. The Company receives signed sales quotes from its customers, which provide the terms for a specific home, including price. The Company also has agreements with certain customers that provide for certain variable considerations such as volume discounts that are deducted from the contract price and accrued at the time of sale. In certain situations, the Company may receive payment in advance of completion of its contractual obligations. In these situations, the arising contract liability is classified within customer deposits and receipts in excess of revenues. Following the receipt of the customer deposit, the Company’s performance obligation is completed within a twelve-month period. For sales to independent retailers and builders/developers, revenue is recognized at a point in time when wholesale floor plan financing or retailer credit approval has been received, the home is shipped, and title is transferred which occurs when the Company has satisfied its contractual obligations and the control of its products has been transferred. The Company does not have an enforceable right to payment prior to shipment. The amount of revenue recognized reflects the consideration that the Company expects to be entitled to in exchange for those products. The Company’s customers pay for products received in accordance with payment terms that are customary within the industry. As is customary in the factory-built housing industry, a significant portion of the Company’s sales to independent retailers are financed under floor plan financing programs with certain third-party lenders. Floor plan financing arrangements are generally identified prior to shipment of products and payment for sales financed under floor plan programs is generally received 5 to 10 business days from the date of invoice. For retail sales to consumers from Company-owned retail sales centers, for which substantially all sales are of Company manufactured products, revenue is recognized when the home has been delivered, set up and accepted by the consumer, title has transferred and either funds have been received from the finance company or directly from the home buyer, depending on the nature of the transaction. The Company recognizes commercial revenue and related cost of sales for long-term construction contracts (“Commercial”) over time as performance obligations are satisfied using the percentage-of-completion Revenue for the Company’s transportation operations is recognized when a shipment has been delivered to its final destination. Amounts billed to customers related to shipping and handling costs are included in net sales in the condensed consolidated statements of comprehensive income (loss). Shipping and handling costs are accounted for as fulfillment costs and are included in cost of sales. Taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue producing transaction that are collected by the Company from a customer are excluded from net sales. The Company expenses sales commissions when incurred. Sales commissions are recorded in selling, general, and administrative expenses. The following table disaggregates the Company’s revenue by sales category for the three months ended June 30, 2018: Three Months Ended June 30, 2018 (Dollars in thousands) U.S. Factory-Built Canadian Factory-built Corporate/ Other Total Manufacturing and retail $ 260,786 $ 27,354 $ — $ 288,140 Commercial 5,338 — — 5,338 Transportation — — 28,783 28,783 Total $ 266,124 $ 27,354 $ 28,783 $ 322,261

Other Expense

Other Expense	3 Months Ended
	Jun. 30, 2018
Other Income and Expenses [Abstract]
Other Expense	11. Other Expense During the three months ended June 30, 2018, the Company incurred $6.4 million of legal, accounting and advisory services related to the Exchange. During the three months ended July 1, 2017, the Company incurred $0.1 million of expenses related to a prior acquisition and the disposition of the Company’s former business unit in the United Kingdom.

Income Taxes

Income Taxes	3 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	12. Income Taxes For the three months ended June 30, 2018 and July 1, 2017, the Company recorded $3.4 million and $2.8 million of income tax expense and had an effective tax rate of 133.0% and 34.6%, respectively. The increase in the effective tax rate for the three months ended June 30, 2018, compared with the same period of 2017, was primarily due to costs related to the Exchange for which no tax benefit can be recognized. The Company’s effective tax rate for the three months ended June 30, 2018 differs from the federal statutory income tax rate of 21.0%, due primarily to the effect of non-deductible one-time non-taxable non-deductible non-taxable The Company has not completed its accounting for the income tax effects of the Tax Cuts and Jobs Act (the “Act”) which was enacted on December 22, 2017. The Act reduces the U.S. federal corporate tax rate from 35% to 21%, requires companies to pay a one-time transition tax on all offshore earnings that were previously tax deferred and creates new taxes on certain foreign sourced earnings. As discussed in SEC Staff Accounting Bulletin No. 118, the accounting for the Tax Act should be completed within one year from the Tax Act enactment. During the three months ended June 30, 2018, the Company made no material adjustments to the provisional amounts recorded at March 31, 2018. Adjustments to the provisional amounts recorded at March 31, 2018 will be reflected upon the completion of the accounting for the Tax Act. During the three months ended June 30, 2018, the Company’s uncertain tax positions decreased by $0.4 million due to expiration of certain statutes of limitations. The Company estimates that the expected change to the total amount of uncertain tax benefits in the next twelve months will be a decrease of $0.2 million due to expiration of certain statutes of limitations. The Company records interest and penalties related to uncertain tax positions as a component of income tax expense. Net interest expense for the periods presented herein is not significant.

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	13. Share-Based Compensation Champion Holdings granted awards to its officers, management employees and certain members of the Board of Managers under an equity-classified management incentive plan (the “MIP”). In accordance with the provisions of the MIP, as modified on June 1, 2018, the unvested units of Champion Holdings granted under the MIP were exchanged for unregistered, time-vesting restricted shares and performance-vesting restricted shares of the Company subject to stock restriction agreements (the “SRAs”). The time-vesting restricted shares generally vest 20% per year over a five-year period, upon a change of control, or upon the occurrence of a follow-on follow-on follow-on A summary of time-vesting restricted shares and performance-vesting restricted shares at June 30, 2018 is as follows: (Shares in thousands) Time- Weighted Performance- Weighted Issued 1,376 $ 4.55 2,600 $ 31.74 Vested 970 $ 4.55 — — Expected to vest at June 30, 2018 406 $ 4.55 — — Compensation expense of $1.9 million was recognized for time-vesting restricted shares during the three months ended June 30, 2018, including $1.7 million of expense recognized upon modification. Compensation expense of $0.2 million was recognized for time-vesting restricted shares during the three months ended July 1, 2017. All expenses related to restricted shares were included in selling, general and administrative expenses in the accompanying condensed consolidated statements of comprehensive income (loss). The Company also maintains the Skyline Corporation 2015 Stock Incentive Plan (“Plan”), which allows the grant of stock options and other equity awards to directors, officers, employees, and eligible independent contractors of the Company and is used to retain and reward key employees’ performance and efforts as they relate to the Company’s long-term objectives and strategic plan. A total of 700,000 shares of Common Stock have been reserved for issuance under the Plan. Stock option awards are granted with an exercise price equal to, or greater than, the market price of the Company’s stock at the date of grant and vest over a period of time as determined by the Company at the date of grant up to the contractual ten-year

Earnings Per Share

Earnings Per Share	3 Months Ended
	Jun. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Share	14. Earnings Per Share Basic net income (loss) per share attributable to Skyline Champion was computed using the two-class method by dividing net income (loss) attributable to Skyline Champion, after deducting undistributed earnings allocated to participating securities, by the average number of common shares outstanding during the period. The Company’s time-vesting and performance-vesting restricted shares are considered participating securities. Diluted earnings per common share is computed based on the more dilutive of; (i) the two-class method, assuming the participating securities are not exercised or converted; or (ii) the summation of average common shares outstanding and additional common shares that would have been outstanding if the dilutive potential common shares had been issued. During the three months ended June 30, 2018 and July 1, 2017, diluted earnings per share was more dilutive under the two-class method. Securities that could potentially dilute basic EPS in the future that were antidilutive are described Note 13. The number of shares used to calculate earnings per share prior to the Exchange was determined based on the exchange ratio, as defined in the Exchange. The following table sets forth the computation of basic and diluted earnings per common share: Three Months Ended (Dollars in thousands, except share and per share data) June 30, July 1, Numerator: Net (loss) income: $ (853 ) $ 5,263 Less: Undistributed earnings allocated to participating securities — (355 ) Net (loss) income attributable to Skyline Champion common shareholders $ (853 ) $ 4,908 Denominator: Average common shares outstanding 47,462 44,424 Basic net (loss) income per share $ (0.02 ) $ 0.11 Diluted net (loss) income per share $ (0.02 ) $ 0.11

Transactions with Related Parti

Transactions with Related Parties	3 Months Ended
	Jun. 30, 2018
Related Party Transactions [Abstract]
Transactions with Related Parties	15. Transactions with Related Parties Prior to the Exchange, the Company was party to a Management Advisory Services Agreement (“Services Agreement”) with Centerbridge Advisors, LLC; MAK Management L.P.; and Sankaty Advisors, LLC (collectively, the “Managers”), affiliates of which collectively owned a majority of the units of Champion Holdings and the Company’s common stock (the “Principal Shareholders”), whereby the Principal Shareholders provided management, consulting, financial and other advisory services to Champion Holdings in exchange for an annual management fee totaling $1.5 million plus reimbursable expenses. The management fee expense of $0.3 million and $0.4 million was recognized by the Company for the three months ended June 30, 2018 and July 1, 2017, respectively, is included in selling, general and administrative expenses in the accompanying condensed consolidated statements of comprehensive income (loss). The Services Agreement was terminated in connection with the Exchange.

Segment Information

Segment Information	3 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Segment Information	16. Segment Information The Company operates in two reportable segments: (i) U.S. Factory-built Housing, which includes wholesale and retail housing operations and (ii) Canadian Factory-built Housing. Corporate/Other includes the Company’s transportation operations, corporate costs directly incurred for all segments and intersegment eliminations. Segments are generally determined by geography. Segment data includes intersegment revenues and corporate office costs that are directly and exclusively incurred for each segment. The Company evaluates the performance of its segments and allocates resources to them primarily based on earnings before interest, taxes, depreciation and amortization (“EBITDA”). Total assets for Corporate/Other primarily include cash and certain deferred tax items not specifically allocated to another segment. Selected financial information by reportable segment was as follows: Three Months Ended (Dollars in thousands) June 30, July 1, Net Sales: U.S. Factory-built Housing $ 266,124 $ 193,176 Canadian Factory-built Housing 27,354 22,403 Corporate/Other 28,783 28,524 Consolidated net sales $ 322,261 $ 244,103 Operating income: U.S. Factory-built Housing EBITDA $ 22,916 $ 10,987 Canadian Factory-built Housing EBITDA 3,521 2,657 Corporate/Other EBITDA (13,454 ) (2,442 ) Depreciation (2,430 ) (1,842 ) Amortization (481 ) (126 ) Consolidated operating income $ 10,072 $ 9,234 Depreciation: U.S. Factory-built Housing $ 2,045 $ 1,502 Canadian Factory-built Housing 231 209 Corporate/Other 154 131 Consolidated depreciation $ 2,430 $ 1,842 Amortization: U.S. Factory-built Housing $ 420 $ 68 Canadian Factory-built Housing 61 58 Corporate/Other — — Consolidated amortization $ 481 $ 126 Capital Expenditure: U.S. Factory-built Housing $ 1,281 $ 3,557 Canadian Factory-built Housing 210 343 Corporate/Other 529 58 Consolidated capital expenditure: $ 2,020 $ 3,958 June 30, March 31, Total Assets: U.S Factory-built Housing (1) $ 474,569 $ 190,323 Canadian Factory-built Housing (1) 53,226 54,449 Corporate/Other (1) 121,563 150,626 Consolidated assets $ 649,358 $ 395,398 (1) Deferred tax assets for the Canadian operations are reflected in the Canadian Factory-built Housing segment. U.S. deferred tax assets are presented in Corporate/Other because an allocation between segments is not practicable.

Commitments, Contingencies and

Commitments, Contingencies and Legal Proceedings	3 Months Ended
	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments, Contingencies and Legal Proceedings	17. Commitments, Contingencies and Legal Proceedings Repurchase Contingencies and Guarantees As is customary in the manufactured housing industry, a significant portion of the Company’s sales to independent retailers are made pursuant to repurchase agreements with lending institutions that provide wholesale floor plan financing to retailers. The Company enters into two types of repurchase agreements, (i) those that allow repurchase up to 24 months after the sale of a home to the retailer, and (ii) those that allow for repurchase until the home is sold by the retailer. For those homes sold to retailers with an unlimited repurchase period, the Company’s risk of loss upon repurchase declines due to required monthly principal payments by the retailer. After 24 or 30 months from the date of the Company’s sale of the home, the risk of loss on these homes is low, and by the 46 th. The Company guarantees a portion of its customers’ floor plan obligations beyond the customary repurchase arrangements discussed above. The Company has agreed to guarantee from 3% to 50% of certain retailers’ outstanding loans to a floor plan lender. At June 30, 2018, those guarantees totaled $1.0 million of which $1.0 million was outstanding. At June 30, 2018, the Company was contingently obligated for approximately $22.6 million under letters of credit, primarily consisting of $12.6 million to support long-term debt, $7.9 million to support the casualty insurance program, $1.8 million to support repurchase obligations, and $0.3 million to support bonding agreements. The letters of credit are backed by a sub-facility In the normal course of business, the Company’s former subsidiaries that operated in the United Kingdom historically provided certain guarantees to two customers. Those guarantees provide contractual liability for proven construction defects up to 12 years from the date of delivery of certain products. The guarantees remain a contingent liability of the Company which declines over time through October 2027. As of the date of this report, no claims have been reported under the terms of the guarantees. Legal Proceedings The Company has agreed to indemnify counterparties in the ordinary course of its business in agreements to acquire and sell business assets and in financing arrangements. The Company is subject to various legal proceedings and claims that arise in the ordinary course of its business. As of the date of this filing, the Company believes the ultimate liability with respect to these contingent obligations will not have, either individually or in the aggregate, a material adverse effect on the Company’s financial condition, results of operations, or cash flows.

Subsequent Event

Subsequent Event	3 Months Ended
	Jun. 30, 2018
Subsequent Events [Abstract]
Subsequent Event	18. Subsequent Event On August 7, 2018, the Principal Shareholders completed a public offering of the Company’s common stock (the “Offering”). As a result of the completion of the Offering, the performance-vesting restricted shares described in Note 13, Share-Based Compensation, are probable of vesting. Compensation cost attributable to the performance-vesting shares will be recognized over the derived service period of eight months from the date of the Exchange. The completion of the Offering also caused the accelerated vesting of the remaining restricted shares subject to time-vesting conditions.

Basis of Presentation and Bus26

Basis of Presentation and Business (Policies)	3 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842) In January 2017, the FASB issued ASU No. 2017-04, Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment There were no other accounting standards recently issued that are expected to have a material impact on our financial position or results of operations.

Business Combination (Tables)

Business Combination (Tables)	3 Months Ended
	Jun. 30, 2018
Business Combinations [Abstract]
Schedule of Purchase Price Allocation on Assets and Liabilities	The preliminary estimated purchase price was allocated as follows: (Dollars in thousands) Allocation Cash $ 9,722 Trade accounts receivable 13,876 Inventory 19,028 Property, plant and equipment 44,642 Deferred tax assets, net 9,733 Other assets 6,349 Accounts payable and accrued liabilities (36,319 ) Intangibles 43,300 Goodwill 174,834 Total preliminary estimated purchase price allocation $ 285,165
Summary of Company's Results of Operations from Business Acquired	Included in the Company’s results of operations for the three months ended June 30, 2018, are results from the business acquired as follows: (Dollars in thousands) Three Months Ended June 30, 2018 Net sales $ 22,061
Summary of Results of Operation As Reported and Proforma Basis	A summary of the results of operations for the Company, on an as reported and on a pro forma basis, are as follows: Three Months Ended Three Months Ended (Dollars in thousands, except per share amounts) Reported Pro forma Reported Pro forma Net sales $ 322,261 $ 368,065 $ 244,103 $ 303,565 Net (loss) income (853 ) 14,256 5,263 6,189

Cash, Cash Equivalents and Re28

Cash, Cash Equivalents and Restricted Cash (Tables)	3 Months Ended
	Jun. 30, 2018
Text Block [Abstract]
Summary of Reconciliation of cash, cash equivalents and restricted cash	A reconciliation of cash, cash equivalents and restricted cash was as follows: (Dollars in thousands) June 30, March 31, Balance sheet – cash and cash equivalents $ 80,891 $ 113,731 Balance sheet – restricted cash — 22,885 Statement of cash flows – cash, cash equivalents and restricted cash $ 80,891 $ 136,616

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Jun. 30, 2018
Inventory Disclosure [Abstract]
Summary of Components of Inventories for Company's Manufacturing and Retail Operations	The components of inventories, including inventories for the Company’s manufacturing and retail operations, were as follows: (Dollars in thousands) June 30, March 31, Raw materials $ 47,746 $ 37,852 Work in process 13,600 10,004 Finished goods and other 52,759 50,166 Total inventories $ 114,105 $ 98,022

Property, Plant, and Equipment

Property, Plant, and Equipment (Tables)	3 Months Ended
	Jun. 30, 2018
Property, Plant and Equipment [Abstract]
Summary of Components of Property, Plant, and Equipment	The components of property, plant, and equipment were as follows: (Dollars in thousands) June 30, March 31, Land and improvements $ 34,545 $ 22,071 Buildings and improvements 84,974 58,179 Machinery and equipment 37,279 31,924 Construction in progress 2,572 919 Property, plant and equipment, at cost 159,370 113,093 Less accumulated depreciation 47,422 45,133 Property, plant, and equipment, net $ 111,948 $ 67,960

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Weighted Average Remaining Useful Life, Gross Carrying Amount, and Accumulated Amortization of Intangible Assets	The components of amortizable intangible assets were as follows: June 30, 2018 March 31, 2018 (Dollars in thousands) Customer Trade Total Customer Trade Total Gross carrying amount $ 40,025 $ 13,121 $ 53,146 $ 5,739 $ 4,268 $ 10,007 Accumulated amortization (5,789 ) (3,000 ) (8,789 ) (5,610 ) (2,855 ) (8,465 ) Amortizable intangibles, net $ 34,236 $ 10,121 $ 44,357 $ 129 $ 1,413 $ 1,542 Weighted average amortization period, in years 9.9 9.3 9.8 4.3 5.5 5.4

Other Current Liabilities (Tabl

Other Current Liabilities (Tables)	3 Months Ended
	Jun. 30, 2018
Other Liabilities Disclosure [Abstract]
Schedule of Other Current Liabilities	The components of other current liabilities were as follows: (Dollars in thousands) June 30, March 31, Customer deposits and receipts in excess of revenues $ 29,373 $ 24,557 Accrued volume rebates 16,362 17,037 Accrued warranty obligations 17,048 12,530 Accrued compensation and payroll taxes 24,380 24,100 Accrued insurance 14,409 11,112 Other 12,270 10,776 Total other current liabilities $ 113,842 $ 100,112

Accrued Warranty Obligations (T

Accrued Warranty Obligations (Tables)	3 Months Ended
	Jun. 30, 2018
Guarantees and Product Warranties [Abstract]
Summary of Changes in Accrued Warranty Obligations	Changes in the accrued warranty obligations were as follows: Three Months Ended (Dollars in thousands) June 30, July 1, Balance at beginning of period $ 15,430 $ 14,534 Warranty assumed in the Exchange 7,109 — Warranty expense 7,219 6,273 Cash warranty payments (7,010 ) (5,498 ) Balance at end of period 22,748 15,309 Less noncurrent portion in other long-term liabilities 5,700 2,600 Total current portion $ 17,048 $ 12,709

Debt and Floor Plan Payable (Ta

Debt and Floor Plan Payable (Tables)	3 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Summary of Long Term Debt	Long-term debt consisted of the following: (Dollars in thousands) June 30, March 31, Revolving credit facility $ 46,900 $ — Obligations under industrial revenue bonds due 2029 12,430 12,430 Capital lease obligations and other debt 2 4 Term Loans due March 2020 — 46,897 Total debt 59,332 59,331 Less current portion 2 404 Total long-term debt $ 59,330 $ 58,927

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Summary of Corporate Net Sales	The following table disaggregates the Company’s revenue by sales category for the three months ended June 30, 2018: Three Months Ended June 30, 2018 (Dollars in thousands) U.S. Factory-Built Canadian Factory-built Corporate/ Other Total Manufacturing and retail $ 260,786 $ 27,354 $ — $ 288,140 Commercial 5,338 — — 5,338 Transportation — — 28,783 28,783 Total $ 266,124 $ 27,354 $ 28,783 $ 322,261

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Time-vesting Restricted Shares and Performance-vesting Restricted Shares	A summary of time-vesting restricted shares and performance-vesting restricted shares at June 30, 2018 is as follows: (Shares in thousands) Time- Weighted Performance- Weighted Issued 1,376 $ 4.55 2,600 $ 31.74 Vested 970 $ 4.55 — — Expected to vest at June 30, 2018 406 $ 4.55 — —

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Jun. 30, 2018
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings per Common Share	The following table sets forth the computation of basic and diluted earnings per common share: Three Months Ended (Dollars in thousands, except share and per share data) June 30, July 1, Numerator: Net (loss) income: $ (853 ) $ 5,263 Less: Undistributed earnings allocated to participating securities — (355 ) Net (loss) income attributable to Skyline Champion common shareholders $ (853 ) $ 4,908 Denominator: Average common shares outstanding 47,462 44,424 Basic net (loss) income per share $ (0.02 ) $ 0.11 Diluted net (loss) income per share $ (0.02 ) $ 0.11

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Number of reportable segments	Selected financial information by reportable segment was as follows: Three Months Ended (Dollars in thousands) June 30, July 1, Net Sales: U.S. Factory-built Housing $ 266,124 $ 193,176 Canadian Factory-built Housing 27,354 22,403 Corporate/Other 28,783 28,524 Consolidated net sales $ 322,261 $ 244,103 Operating income: U.S. Factory-built Housing EBITDA $ 22,916 $ 10,987 Canadian Factory-built Housing EBITDA 3,521 2,657 Corporate/Other EBITDA (13,454 ) (2,442 ) Depreciation (2,430 ) (1,842 ) Amortization (481 ) (126 ) Consolidated operating income $ 10,072 $ 9,234 Depreciation: U.S. Factory-built Housing $ 2,045 $ 1,502 Canadian Factory-built Housing 231 209 Corporate/Other 154 131 Consolidated depreciation $ 2,430 $ 1,842 Amortization: U.S. Factory-built Housing $ 420 $ 68 Canadian Factory-built Housing 61 58 Corporate/Other — — Consolidated amortization $ 481 $ 126 Capital Expenditure: U.S. Factory-built Housing $ 1,281 $ 3,557 Canadian Factory-built Housing 210 343 Corporate/Other 529 58 Consolidated capital expenditure: $ 2,020 $ 3,958 June 30, March 31, Total Assets: U.S Factory-built Housing (1) $ 474,569 $ 190,323 Canadian Factory-built Housing (1) 53,226 54,449 Corporate/Other (1) 121,563 150,626 Consolidated assets $ 649,358 $ 395,398 (1) Deferred tax assets for the Canadian operations are reflected in the Canadian Factory-built Housing segment. U.S. deferred tax assets are presented in Corporate/Other because an allocation between segments is not practicable.

Basis of Presentation and Bus39

Basis of Presentation and Business - Additional information (Detail)	3 Months Ended
	Jun. 30, 2018CenterFacilities
U.S [Member]
Organization And Business Operations [Line Items]
Number of manufacturing facilities	31
Number of sales centers | Center	21
Canada [Member]
Organization And Business Operations [Line Items]
Number of manufacturing facilities	5

Business Combination - Addition

Business Combination - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Jun. 30, 2018	Jun. 01, 2018
Business Acquisition [Line Items]
Common stock closing price		$ 33.39
Estimated weighted average useful lives	10 years
Preliminary estimated purchase price allocation to deferred tax assets	$ 28.4
Deferred tax liabilities	18.7
Capital distribution to members	65.3
Retained Earnings (Accumulated Deficit) [Member]
Business Acquisition [Line Items]
Capital distribution to members	22.5
Members' Contributed Capital [Member]
Business Acquisition [Line Items]
Capital distribution to members	$ 42.8

Business Combination - Schedule

Business Combination - Schedule of Purchase Price Allocation on Assets and Liabilities (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Mar. 31, 2018
Business Acquisition [Line Items]
Deferred tax assets, net	$ 28,400
Goodwill	178,041	$ 3,179
Skyline [Member]
Business Acquisition [Line Items]
Cash	9,722
Trade accounts receivable	13,876
Inventory	19,028
Property, plant and equipment	44,642
Deferred tax assets, net	9,733
Other assets	6,349
Accounts payable and accrued liabilities	(36,319)
Intangibles	43,300
Goodwill	174,834
Total preliminary estimated purchase price allocation	$ 285,165

Business Combination - Summary

Business Combination - Summary of Company's Results of Operations from Business Acquired (Detail) $ in Thousands	3 Months Ended
	Jun. 30, 2018USD ($)
Skyline [Member]
Business Acquisition [Line Items]
Net sales	$ 22,061

Business Combination - Summar43

Business Combination - Summary of Results of Operation as Reported and Proforma Basis (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2018	Jul. 01, 2017
Business Acquisition [Line Items]
Net sale, Reported	$ 322,261	$ 244,103
Skyline [Member]
Business Acquisition [Line Items]
Net sale, Reported	322,261	244,103
Net (loss) income, Reported	(853)	5,263
Net sale, Proforma	368,065	303,565
Net (loss) income, Proforma	$ 14,256	$ 6,189

Cash, Cash Equivalents and Re44

Cash, Cash Equivalents and Restricted Cash - Summary of Reconciliation of Cash, Cash Equivalents and Restricted Cash (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Mar. 31, 2018	Jul. 01, 2017	Mar. 31, 2017
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]
Balance sheet - cash and cash equivalents	$ 80,891	$ 113,731
Balance sheet - restricted cash		22,885
Statement of cash flows - cash, cash equivalents and restricted cash	$ 80,891	$ 136,616	$ 99,837	$ 102,692

Inventories - Summary of Compon

Inventories - Summary of Components of Inventories for Company's Manufacturing and Retail Operations (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Mar. 31, 2018
Inventory Disclosure [Abstract]
Raw materials	$ 47,746	$ 37,852
Work in process	13,600	10,004
Finished goods and other	52,759	50,166
Total inventories	$ 114,105	$ 98,022

Inventories - Additional Inform

Inventories - Additional Information (Detail) - USD ($) $ in Millions	Jun. 30, 2018	Mar. 31, 2018
Inventory Disclosure [Abstract]
Reserves for obsolete inventory	$ 3.9	$ 3.5

Property Plant, and Equipment -

Property Plant, and Equipment - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2018	Jul. 01, 2017
Property, Plant and Equipment [Line Items]
Depreciation expense, including amortization of assets under capital lease	$ 2.4	$ 1.8
Minimum [Member] | Land and Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	3 years
Minimum [Member] | Building and Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	8 years
Minimum [Member] | Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	3 years
Maximum [Member] | Land and Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	10 years
Maximum [Member] | Building and Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	25 years
Maximum [Member] | Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	8 years

Property Plant, and Equipment48

Property Plant, and Equipment - Summary of Components of Property, Plant, and Equipment (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Mar. 31, 2018
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	$ 159,370	$ 113,093
Less accumulated depreciation	47,422	45,133
Property, plant, and equipment, net	111,948	67,960
Land and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	34,545	22,071
Building and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	84,974	58,179
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	37,279	31,924
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	$ 2,572	$ 919

Goodwill and Intangible Asset49

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2018	Jul. 01, 2017	Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 178,041		$ 3,179
Finite-lived intangibles, customer relationships	34,400
Finite-lived intangibles, trade names	8,900
Amortization expense	$ 481	$ 126

Goodwill and Intangible Asset50

Goodwill and Intangible Assets - Schedule of Weighted Average Remaining Useful Life, Gross Carrying Amount, and Accumulated Amortization of Intangible Assets (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 53,146	$ 10,007
Accumulated amortization	(8,789)	(8,465)
Amortizable intangibles, net	$ 44,357	$ 1,542
Weighted average amortization period, in years	9 years 9 months 18 days	5 years 4 months 24 days
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 40,025	$ 5,739
Accumulated amortization	(5,789)	(5,610)
Amortizable intangibles, net	$ 34,236	$ 129
Weighted average amortization period, in years	9 years 10 months 25 days	4 years 3 months 19 days
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 13,121	$ 4,268
Accumulated amortization	(3,000)	(2,855)
Amortizable intangibles, net	$ 10,121	$ 1,413
Weighted average amortization period, in years	9 years 3 months 19 days	5 years 6 months

Other Current Liabilities - Sch

Other Current Liabilities - Schedule of Other Current Liabilities (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Mar. 31, 2018	Jul. 01, 2017
Other Liabilities Disclosure [Abstract]
Customer deposits and receipts in excess of revenues	$ 29,373	$ 24,557
Accrued volume rebates	16,362	17,037
Accrued warranty obligations	17,048	12,530	$ 12,709
Accrued compensation and payroll taxes	24,380	24,100
Accrued insurance	14,409	11,112
Other	12,270	10,776
Total other current liabilities	$ 113,842	$ 100,112

Accrued Warranty Obligations -

Accrued Warranty Obligations - Summary of Changes in Accrued Product Warranty Obligations (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2018	Jul. 01, 2017	Mar. 31, 2018
Guarantees and Product Warranties [Abstract]
Balance, at beginning of period	$ 15,430	$ 14,534
Warranty assumed in the Exchange	7,109
Warranty expense	7,219	6,273
Cash warranty payments	(7,010)	(5,498)
Balance, at end of period	22,748	15,309
Less noncurrent portion in other long-term liabilities	5,700	2,600
Total current portion	$ 17,048	$ 12,709	$ 12,530

Debt and Floor Plan Payable - S

Debt and Floor Plan Payable - Summary of Long Term Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Mar. 31, 2018
Debt Instrument [Line Items]
Long term debt	$ 59,332	$ 59,331
Long term debt	59,332	59,331
Less current portion	2	404
Total long-term debt	59,330	58,927
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Long term debt	46,900
Long term debt	46,900
Obligations Under Industrial Revenue Bonds Due 2029 [Member]
Debt Instrument [Line Items]
Long term debt	12,430	12,430
Long term debt	12,430	12,430
Capital Lease Obligations and Other Debt [Member]
Debt Instrument [Line Items]
Long term debt	2	4
Long term debt	$ 2	4
Term Loans Due March 2020 [Member]
Debt Instrument [Line Items]
Long term debt		46,897
Long term debt		$ 46,897

Debt and Floor Plan Payable - A

Debt and Floor Plan Payable - Additional Information (Detail)	1 Months Ended	3 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2018USD ($)	Jun. 05, 2018	Jul. 01, 2017	Mar. 31, 2018USD ($)
Floor Plan Financing Arrangements [Member]
Debt Instrument [Line Items]
Weighted average interest rate	5.90%	5.90%			6.00%
Outstanding borrowings	$ 29,500,000	$ 29,500,000			$ 29,800,000
Available borrowings	$ 43,000,000	$ 43,000,000
Line of Credit Facility, description		Borrowings are secured by the homes and are required to be repaid when the Company sells the home to a customer.
Stand Alone Facility [Member]
Debt Instrument [Line Items]
Percentage of restricted cash of issued letters of credit	101.00%	101.00%
Obligations Under Industrial Revenue Bonds Due 2029 [Member]
Debt Instrument [Line Items]
Weighted average interest rate	5.00%	5.00%
Industrial revenue bonds maturity		2,029
New Credit Agreement [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Revolving credit facility	$ 100,000,000	$ 100,000,000
First lien leverage ratio	2	2
Revolving credit facility maturity date		Jun. 5, 2023
Interest rate on borrowings	4.10%
New Credit Agreement [Member] | Revolving Credit Facility [Member] | Champion Enterprises Holdings, LLC [Member]
Debt Instrument [Line Items]
Repayment of Term Notes		$ 46,900,000
Weighted Average [Member] | Obligations Under Industrial Revenue Bonds Due 2029 [Member]
Debt Instrument [Line Items]
Weighted average interest rate	3.70%	3.70%		2.40%
Letter of Credit [Member] | Stand Alone Facility [Member]
Debt Instrument [Line Items]
Letters of credit issued	$ 22,600,000	$ 22,600,000
Letter of Credit [Member] | Minimum [Member] | New Credit Agreement [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Revolving credit facility	$ 45,000,000	$ 45,000,000
LIBOR [Member] | Term Notes [Member]
Debt Instrument [Line Items]
Margin rate			7.40%	6.50%
LIBOR [Member] | New Credit Agreement [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		1.75%
Base Rate [Member] | New Credit Agreement [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		0.75%
First Lien Net Leverage Equal to Or Greater Than 2.00:1.00 [Member] | LIBOR [Member] | New Credit Agreement [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		2.25%
First Lien Net Leverage Equal to Or Greater Than 2.00:1.00 [Member] | Base Rate [Member] | New Credit Agreement [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		1.25%
First Lien Net Leverage Below 0.50:1.00 [Member] | LIBOR [Member] | New Credit Agreement [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		1.50%
First Lien Net Leverage Below 0.50:1.00 [Member] | Base Rate [Member] | New Credit Agreement [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		0.50%
First Lien Net Leverage [Member] | Minimum [Member] | New Credit Agreement [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Commitment fee percentage		0.40%
First Lien Net Leverage [Member] | Maximum [Member] | New Credit Agreement [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Commitment fee percentage		0.25%

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Detail) - USD ($)	3 Months Ended
	Jun. 30, 2018	Mar. 31, 2018
Disaggregation of Revenue [Line Items]
Uncollected billings related to long-term construction contracts	$ 3,500,000	$ 5,000,000
Unbilled revenue for long-term contracts	$ 0	$ 300,000
Minimum [Member]
Disaggregation of Revenue [Line Items]
Number of business days for the receipt of floor plan payment	5 days
Maximum [Member]
Disaggregation of Revenue [Line Items]
Number of business days for the receipt of floor plan payment	10 days

Revenue - Summary of Corporate

Revenue - Summary of Corporate Net Sales (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2018	Jul. 01, 2017
Disaggregation of Revenue [Line Items]
Consolidated Net Sales	$ 322,261	$ 244,103
Manufacturing and Retail [Member]
Disaggregation of Revenue [Line Items]
Consolidated Net Sales	288,140
Commercial [Member]
Disaggregation of Revenue [Line Items]
Consolidated Net Sales	5,338
Transportation [Member]
Disaggregation of Revenue [Line Items]
Consolidated Net Sales	28,783
U.S Factory-built Housing [Member]
Disaggregation of Revenue [Line Items]
Consolidated Net Sales	266,124
U.S Factory-built Housing [Member] | Manufacturing and Retail [Member]
Disaggregation of Revenue [Line Items]
Consolidated Net Sales	260,786
U.S Factory-built Housing [Member] | Commercial [Member]
Disaggregation of Revenue [Line Items]
Consolidated Net Sales	5,338
Canadian Factory-built Housing [Member]
Disaggregation of Revenue [Line Items]
Consolidated Net Sales	27,354
Canadian Factory-built Housing [Member] | Manufacturing and Retail [Member]
Disaggregation of Revenue [Line Items]
Consolidated Net Sales	27,354
Corporate Other [Member]
Disaggregation of Revenue [Line Items]
Consolidated Net Sales	28,783
Corporate Other [Member] | Transportation [Member]
Disaggregation of Revenue [Line Items]
Consolidated Net Sales	$ 28,783

Other Income (Expense), Net - A

Other Income (Expense), Net - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2018	Jul. 01, 2017
Other Income and Expenses [Abstract]
Legal, accounting and advisory services	$ 6.4	$ 0.1

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018	Jul. 01, 2017
Income Tax Contingency [Line Items]
Income tax expense		$ 3,440	$ 2,789
Effective tax rate		133.00%	34.60%
Statutory federal income tax rate		21.00%	35.00%
Change in uncertain tax positions		$ (400)
Scenario Forecast [Member]
Income Tax Contingency [Line Items]
Change in uncertain tax positions	$ (200)

Share Based Compensation - Addi

Share Based Compensation - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2018	Jul. 01, 2017
2015 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted shares, vesting period	10 years
Compensation expense recognized	$ 6.2
Number of shares of common stock available under the 2015 plan	70,000
2015 Stock Incentive Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of restricted stock awards based on market price	100.00%
Time Vesting Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted shares, vesting percentage per annum	20.00%
Restricted shares, vesting period	5 years
Compensation expense recognized	$ 1.9	$ 0.2
Time Vesting Restricted Shares [Member] | Vesting Upon Modification [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense recognized	$ 1.7

Share-Based Compensation - Summ

Share-Based Compensation - Summary of Time-vesting Restricted Shares and Performance-vesting Restricted Shares (Detail) shares in Thousands	6 Months Ended
	Jun. 30, 2018$ / sharesshares
Time Vesting Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issued | shares	1,376
Vested | shares	970
Expected to vest at June 30, 2018 | shares	406
Issued | $ / shares	$ 4.55
Vested | $ / shares	4.55
Expected to vest at June 30, 2018 | $ / shares	$ 4.55
Performance Vesting Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issued | shares	2,600
Issued | $ / shares	$ 31.74

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Earnings Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Jun. 30, 2018	Jul. 01, 2017
Numerator:
Net (loss) income	$ (853)	$ 5,263
Less: Undistributed earnings allocated to participating securities		(355)
Net (loss) income attributable to Skyline Champion common shareholders	$ (853)	$ 4,908
Denominator:
Average common shares outstanding	47,462	44,424
Basic net (loss) income per share	$ (0.02)	$ 0.11
Diluted net (loss) income per share	$ (0.02)	$ 0.11

Transactions with Related Par62

Transactions with Related Parties - Additional Information (Detail) - Management Advisory [Member] - Services Agreement [Member] - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2018	Jul. 01, 2017
Related Party Transaction [Line Items]
Annual management fee	$ 1.5
General and Administrative Expense [Member]
Related Party Transaction [Line Items]
Annual management fee	$ 0.3	$ 0.4

Segment Information - Additiona

Segment Information - Additional Information (Detail)	3 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Number of reportable segments	2

Segment Information - Schedule

Segment Information - Schedule of Financial Information by Reportable Segments (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2018	Jul. 01, 2017	Mar. 31, 2018
Segment Reporting Information [Line Items]
Net Sales	$ 322,261	$ 244,103
Depreciation	2,430	1,842
Amortization	(481)	(126)
Operating income	10,072	9,234
Assets	649,358		$ 395,398
Operating Segments [Member] | U.S Factory-built Housing [Member]
Segment Reporting Information [Line Items]
Net Sales	266,124	193,176
Depreciation	2,045	1,502
Amortization	420	68
Operating income	22,916	10,987
Capital Expenditure	1,281	3,557
Assets	474,569		190,323
Operating Segments [Member] | Canadian Factory-built Housing [Member]
Segment Reporting Information [Line Items]
Net Sales	27,354	22,403
Depreciation	231	209
Amortization	61	58
Operating income	3,521	2,657
Capital Expenditure	210	343
Assets	53,226		54,449
Corporate, Non-Segment [Member]
Segment Reporting Information [Line Items]
Net Sales	28,783	28,524
Depreciation	154	131
Operating income	(13,454)	(2,442)
Capital Expenditure	529	58
Assets	121,563		150,626
Segment Reconciling Items [Member]
Segment Reporting Information [Line Items]
Net Sales	322,261	244,103
Depreciation	2,430	1,842
Amortization	481	126
Capital Expenditure	2,020	$ 3,958
Assets	$ 649,358		$ 395,398

Commitments, Contingencies an65

Commitments, Contingencies and Legal Proceedings - Additional Information (Detail) - USD ($)	3 Months Ended
	Jun. 30, 2018	Mar. 31, 2018
Commitment And Contingencies [Line Items]
Losses under repurchase obligations	$ 178,500,000
Reserve for estimated losses under repurchase agreements	700,000	$ 700,000
Guarantee outstanding	1,000,000
Guarantee total amount	$ 1,000,000
Guarantee obligations term	12 years
Letters of Credit [Member]
Commitment And Contingencies [Line Items]
Contingent obligation	$ 22,600,000
Long-term Debt [Member]
Commitment And Contingencies [Line Items]
Contingent obligation	12,600,000
Casualty Insurance Program [Member]
Commitment And Contingencies [Line Items]
Contingent obligation	7,900,000
Repurchase Obligations [Member]
Commitment And Contingencies [Line Items]
Contingent obligation	1,800,000
Bonding Agreements [Member]
Commitment And Contingencies [Line Items]
Contingent obligation	300,000
Surety Bond [Member]
Commitment And Contingencies [Line Items]
Contingent obligation	$ 40,600,000
Minimum [Member]
Commitment And Contingencies [Line Items]
Period to potentially repurchase units	24 months
Guarantee obligations percentage	3.00%
Maximum [Member]
Commitment And Contingencies [Line Items]
Period to potentially repurchase units	30 months
Guarantee obligations percentage	50.00%

Subsequent Event - Additional I

Subsequent Event - Additional Information (Detail) $ in Millions	Aug. 07, 2018USD ($)
Subsequent Event [Member]
Subsequent Event [Line Items]
Non-cash compensation expense upon vesting of the restricted stock	$ 10.4