Schedule of Business Segment Information |
The following tables provide selected financial data by segment (dollars in thousands): | | | | | | | | | | | | | | | | | | | Three Months Ended June 28, 2025 | | Factory-built housing | | Financial services | | Consolidated | Net revenue | $ | 535,694 | | | $ | 21,163 | | | $ | 556,857 | | Cost of sales | 414,850 | | | 12,501 | | | 427,351 | | Gross profit | 120,844 | | | 8,662 | | | 129,506 | | Selling, general and administrative expenses | 63,154 | | | 5,994 | | | 69,148 | | Income from operations | 57,690 | | | 2,668 | | | 60,358 | | Interest income | 5,103 | | | — | | | 5,103 | | Interest expense | (164) | | | — | | | (164) | | | | | | | | Income before income taxes | 62,629 | | | 2,668 | | | 65,297 | | Income tax expense | (13,128) | | | (527) | | | (13,655) | | Net Income | $ | 49,501 | | | $ | 2,141 | | | $ | 51,642 | |
| | | | | | | | | | | | | | | | | | | Three Months Ended June 28, 2025 | | Factory-built housing | | Financial services | | Consolidated | Depreciation | $ | 4,735 | | | $ | 62 | | | $ | 4,797 | | Amortization | $ | 366 | | | $ | 6 | | | $ | 372 | | Capital expenditures | $ | 9,009 | | | $ | — | | | $ | 9,009 | |
| | | | | | | | | | | | | | | | | | | Three Months Ended June 29, 2024 | | Factory-built housing | | Financial services | | Consolidated | Net revenue | $ | 458,048 | | | $ | 19,551 | | | $ | 477,599 | | Cost of sales | 354,537 | | | 19,660 | | | 374,197 | | Gross profit | 103,511 | | | (109) | | | 103,402 | | Selling, general and administrative expenses | 59,720 | | | 5,131 | | | 64,851 | | Income from operations | 43,791 | | | (5,240) | | | 38,551 | | Interest income | 5,511 | | | — | | | 5,511 | | Interest expense | (90) | | | — | | | (90) | | Other expense, net | (111) | | | — | | | (111) | | Income before income taxes | 49,101 | | | (5,240) | | | 43,861 | | Income tax expense | (10,656) | | | 1,224 | | | (9,432) | | Net Income | $ | 38,445 | | | $ | (4,016) | | | $ | 34,429 | |
| | | | | | | | | | | | | | | | | | | Three Months Ended June 29, 2024 | | Factory-built housing | | Financial services | | Consolidated | Depreciation | $ | 4,304 | | | $ | 65 | | | $ | 4,369 | | Amortization | $ | 386 | | | $ | 6 | | | $ | 392 | | Capital expenditures | $ | 4,852 | | | $ | 62 | | | $ | 4,914 | |
| | | | | | | | | | | | | June 28, 2025 | | March 29, 2025 | Total assets: | | | | Factory-built housing | $ | 1,186,689 | | | $ | 1,191,216 | | Financial services | 232,928 | | | 215,429 | | Consolidated | $ | 1,419,617 | | | $ | 1,406,645 | |
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