Company: CVCO
Filing Date: 2025-01-31
Form Type: 10-Q
Source: 0000278166-25-000007
Chunk: 28

Company: CAVCO INDUSTRIES, INC.
Filing Date: 2025-01-31
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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146 4,093 $21,968 $21,783 Net investment gains and losses on marketable equity securities were as follows (in thousands):Three Months EndedNine Months EndedDecember 28,2024December 30,2023December 28,2024December 30,2023Marketable equity securitiesNet gain (loss) recognized during the period$(954)$776 $(440)$1,051 Less: Net (gain) recognized on securities sold during the period(1,649)(235)(1,561)(365)Unrealized gain (loss) recognized during the period on securities still held$(2,603)$541 $(2,001)$686 

5. Inventories

Inventories consisted of the following (in thousands):December 28,2024March 30,2024Raw materials$78,631 $78,241 Work in process30,027 27,977 Finished goods134,641 135,121 $243,299 $241,339 

6

6. Consumer Loans Receivable

The following table summarizes consumer loans receivable (in thousands):December 28,2024March 30,2024Loans held for investment, previously securitized$14,476 $16,968 Loans held for investment11,898 12,826 Loans held for sale23,233 15,140 Construction advances6,042 722 55,649 45,656 Deferred financing fees and other, net(1,088)(523)Allowance for loan losses(925)(1,066)53,636 44,067 Less current portion(33,242)(20,713)$20,394 $23,354 The consumer loans held for investment had the following characteristics:December 28,2024March 30,2024Weighted average contractual interest rate8.1 %8.1 %Weighted average effective interest rate8.1 %10.4 %Weighted average months to maturity210196The following table is a consolidated summary of the delinquency status of the outstanding principal balance of consumer loans receivable (in thousands):December 28,2024March 30,2024Current$53,709 $43,810 31 to 60 days996 1,063 61 to 90 days373 131 91+ days571 652 $55,649 $