v3.26.1
Acquisitions (Tables)
12 Months Ended
Mar. 28, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Acquisitions
The following table presents the fair values of the assets that we acquired and the liabilities that we assumed as of the Acquisition Date (in thousands). The purchase accounting is provisional and certain estimated fair values for Accounts payable and accrued expenses and Deferred income taxes are not yet finalized and are subject to change, which could be significant. We 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. During the three months ended March 28, 2026, we made certain adjustments to the assets and liabilities based on information that became available.
September 29,
2025
AdjustmentsSeptember 29, 2025
(as Adjusted at March 28, 2026)
Cash$8,484 $— $8,484 
Accounts receivable5,310 — 5,310 
Other current assets2,574 238 2,812 
Inventories47,855 — 47,855 
Property, plant and equipment37,160 (49)37,111 
Consumer loans receivable1,870 — 1,870 
Operating lease right-of-use asset2,952 (459)2,493 
Intangible assets(1)
13,300 — 13,300 
Total identifiable assets acquired119,505 (270)119,235 
Accounts payable and accrued liabilities16,757 (1,225)15,532 
Operating lease liability2,952 (459)2,493 
Deferred tax liability5,700 1,114 6,814 
Net identifiable assets acquired94,096 300 94,396 
Goodwill(2)(3)
85,834 1,038 86,872 
Net assets acquired$179,930 $1,338 $181,268 
(1) Consists of $13.3 million assigned to customer-related intangibles, subject to a useful life of 14 years amortized on a straight-line basis. Fair value was derived from an income approach, specifically a multi-period excess earnings method, which incorporates assumptions including customer attrition rates, projected revenues, and discount rates.
(2) Attributable to the Factory-built housing segment and not deductible for income tax purposes.
(3) Change in Goodwill due to Adjustments to Net identifiable assets acquired and an increase in purchase     price of $1.3 million due to finalization of closing adjustments.
Schedule of Pro Forma Impact of Acquisitions
Pro Forma Impact of American Homestar Acquisition (Unaudited). The following table presents supplemental pro forma information as if the American Homestar acquisition had occurred on March 31, 2024 (in thousands, except per share data):
Year Ended
March 28, 2026March 29, 2025
Net revenue$2,344,778 $2,197,427 
Net income196,834 183,713 
Diluted net income per share24.77 22.24