Company: CVCO
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000278166-25-000128
Chunk: 20

Company: CAVCO INDUSTRIES, INC.
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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Item 1. Financial Statements

 CAVCO INDUSTRIES, INC.

CONSOLIDATED BALANCE SHEETS 

(Dollars in thousands, except per share amounts)June 28,2025March 29,2025ASSETS(Unaudited)Current assetsCash and cash equivalents$344,626 $356,225 Restricted cash, current23,213 18,535 Accounts receivable, net116,261 105,849 Short-term investments17,821 19,842 Current portion of consumer loans receivable, net37,795 35,852 Current portion of commercial loans receivable, net47,102 43,492 Current portion of commercial loans receivable from affiliates, net1,850 2,881 Inventories258,068 252,695 Prepaid expenses and other current assets68,536 74,815 Total current assets915,272 910,186 Restricted cash585 585 Investments19,362 18,067 Consumer loans receivable, net20,152 20,685 Commercial loans receivable, net53,403 48,605 Commercial loans receivable from affiliates, net5,247 4,768 Property, plant and equipment, net231,880 227,620 Goodwill121,969 121,969 Other intangibles, net16,359 16,731 Operating lease right-of-use assets34,118 35,576 Deferred income taxes1,270 1,853 Total assets$1,419,617 $1,406,645 LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilitiesAccounts payable$42,077 $37,195 Accrued expenses and other current liabilities275,203 265,971 Total current liabilities317,280 303,166 Operating lease liabilities30,188 31,538 Other liabilities7,316 7,359 Total liabilities354,784 342,063 Stockholders' equityPreferred stock, $0.01 par value; 1,000,000 shares authorized; No shares issued or outstanding— — Common stock, $0.01 par value; 40,000,000 shares authorized; Issued 9,453,363 and 9,436,732 shares, respectively; Outstanding 7,916,350 and 8,008,012 shares, respectively95 94 Treasury