Company: CVCO
Filing Date: 2025-01-31
Form Type: 10-Q
Source: 0000278166-25-000007
Chunk: 53

Company: CAVCO INDUSTRIES, INC.
Filing Date: 2025-01-31
Form: 10-Q
Item: Part I, Item 8
Chunk 53
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,257 11,175 11,117 10,874 $21,968 $21,783 $19,091 $18,669 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.December 28, 2024AmortizedCostFairValueDue in less than one year$8,402 $8,332 Due after one year through five years7,088 7,047 Due after five years through ten years2,332 2,311 Mortgage-backed securities4,146 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 

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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