Company: CVCO
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001628280-25-047849
Chunk: 50

Company: CAVCO INDUSTRIES, INC.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 8
Chunk 50
---
150 5,069 41,206 37,909 Less short-term investments(16,865)(19,842)$24,341 $18,067 The amortized cost and fair value of our investments in available-for-sale debt securities, by security type, are shown in the table below (in thousands):September 27, 2025March 29, 2025AmortizedCostFairValueAmortized CostFairValueResidential mortgage-backed securities$8,753 $8,836 $4,122 $4,120 State and political subdivision debt securities6,193 6,314 6,955 6,976 Corporate debt securities7,974 8,047 10,326 10,319 $22,920 $23,197 $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.September 27, 2025AmortizedCostFairValueDue in less than one year$3,649 $3,640 Due after one year through five years6,355 6,471 Due after five years through ten years1,541 1,567 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)

6

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