Company: CVCO
Filing Date: 2025-01-31
Form Type: 10-Q
Source: 0000278166-25-000007
Chunk: 61

Company: CAVCO INDUSTRIES, INC.
Filing Date: 2025-01-31
Form: 10-Q
Item: Part I, Item 8
Chunk 61
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 on our consolidated financial position, liquidity or results of operations in any future reporting periods.

14. Stockholders' Equity and Redeemable Noncontrolling Interest

The following tables represent changes in stockholders' equity attributable to Cavco's stockholders and redeemable noncontrolling interest during the nine months ended December 28, 2024 and December 30, 2023, respectively (dollars in thousands):Equity Attributable to Cavco StockholdersTreasury stockAdditional paid-in capitalRetained earningsAccumulated other comprehensive (loss) income TotalCommon StockSharesAmountBalance, March 30, 20249,389,953 $94 $(274,693)$281,216 $1,027,127 $(333)$1,033,411 Net income— — — — 34,429 — 34,429 Other comprehensive income, net— — — — — 58 58 Net issuance of common stock under stock incentive plans11,104 — — (2,348)— — (2,348)Stock-based compensation— — — 2,194 — — 2,194 Common stock repurchases(29,204)(29,204)Balance, June 29, 20249,401,057 94 (303,897)281,062 1,061,556 (275)1,038,540 Net income— — — — 43,815 — 43,815 Other comprehensive income, net— — — — — 198 198 Net issuance of common stock under stock incentive plans16,275 — 1,220 — — 1,220 Stock-based compensation— — — 2,713 — — 2,713 Common stock repurchases— — (44,509)— — — (44,509)Balance, September 28, 20249,417,332 94 (348,406)284,995 1,105,371 (77)1,041,977 Net income— — — — 56,462 — 56,462 Other comprehensive income, net— — — — — (70)(70)Net issuance of common stock under stock incentive plans5,637 — — (168