Company: CVCO
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001628280-25-047849
Chunk: 25

Company: CAVCO INDUSTRIES, INC.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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 Due after ten years2,622 2,683 Mortgage-backed securities8,753 8,836 $22,920 $23,197 Net investment gains and losses on marketable equity securities were as follows (in thousands):Three Months EndedSix Months EndedSeptember 27,2025September 28,2024September 27,2025September 28,2024Marketable equity securitiesNet gain recognized during the period$993 $514 $1,592 $60 Less: Net (gain) loss recognized on securities sold during the period (47)88 9 (464)Unrealized gain (loss) recognized during the period on securities still held$946 $602 $1,601 $(404)

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6. Inventories

Inventories consisted of the following (in thousands):September 27,2025March 29,2025Raw materials$77,535 $79,098 Work in process34,349 29,808 Finished goods146,539 143,789 $258,423 $252,695 

7. Consumer Loans Receivable

The following table summarizes consumer loans receivable (in thousands):September 27,2025March 29,2025Loans held for investment, previously securitized$12,168 $13,775 Loans held for investment12,048 12,196 Loans held for sale25,086 27,981 Construction advances5,126 4,210 54,428 58,162 Deferred financing fees and other, net(675)(686)Allowance for loan losses(870)(939)52,883 56,537 Less current portion(33,493)(35,852)$19,390 $20,685 The consumer loans held for investment had the following characteristics:September 27,2025March 29,2025Weighted average contractual interest rate7.8 %7.9 %Weighted average effective interest rate8.3 %10.3 %Weighted average months to maturity222221The following table is a consolidated summary of the delinquency status of the outstanding principal balance of consumer loans receivable (in thousands):September 27,2025March 29,2025Current$52,812 $56,401 31 to 60 days167 1,082 61 to 90 days190 4