Company: CVCO
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000278166-25-000128
Chunk: 48

Company: CAVCO INDUSTRIES, INC.
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 8
Chunk 48
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izedCostFairValueAmortized CostFairValueResidential mortgage-backed securities$5,175 $5,226 $4,122 $4,120 State and political subdivision debt securities6,483 6,531 6,955 6,976 Corporate debt securities8,568 8,602 10,326 10,319 $20,226 $20,359 $21,403 $21,415 The amortized cost and fair value of our investments in available-for-sale debt securities, by contractual maturity, are shown in the table below (in thousands). Expected maturities may differ from contractual maturities as borrowers at times have the right to call or prepay obligations, with or without penalties.June 28, 2025AmortizedCostFairValueDue in less than one year$5,697 $5,674 Due after one year through five years7,100 7,180 Due after five years through ten years1,931 1,949 Due after ten years323 330 Mortgage-backed securities5,175 5,226 $20,226 $20,359 Net investment gains and losses on marketable equity securities were as follows (in thousands):Three Months EndedJune 28,2025June 29,2024Marketable equity securitiesNet gain (loss) recognized during the period$599 $(454)Less: Net loss (gain) recognized on securities sold during the period 56 (552)Unrealized gain (loss) recognized during the period on securities still held$655 $(1,006)

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6. Inventories

Inventories consisted of the following (in thousands):June 28,2025March 29,2025Raw materials$78,964 $79,098 Work in process32,368 29,808 Finished goods146,736 143,789 $258,068 $252,695 

7. Consumer Loans Receivable

The following table summarizes consumer loans receivable (in thousands):June 28,2025March 29,2025Loans held for investment, previously securitized$13,030 $13,775 Loans held for investment12,122 12,196 Loans held for sale30,155 27,981 Construction advances4,257 4,210 59,564 58,162 Deferred financing