Company: CVCO
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001628280-25-047849
Chunk: 18

Company: CAVCO INDUSTRIES, INC.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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Item 1. Financial Statements

 CAVCO INDUSTRIES, INC.

CONSOLIDATED BALANCE SHEETS

 (Dollars in thousands, except per share amounts)September 27,2025March 29,2025ASSETS(Unaudited)Current assetsCash and cash equivalents$374,978 $356,225 Restricted cash, current24,391 18,535 Accounts receivable, net115,654 105,849 Short-term investments16,865 19,842 Current portion of consumer loans receivable, net33,493 35,852 Current portion of commercial loans receivable, net43,468 43,492 Current portion of commercial loans receivable from affiliates, net2,227 2,881 Inventories258,423 252,695 Prepaid expenses and other current assets65,048 74,815 Total current assets934,547 910,186 Restricted cash585 585 Investments24,341 18,067 Consumer loans receivable, net19,390 20,685 Commercial loans receivable, net56,458 48,605 Commercial loans receivable from affiliates, net5,292 4,768 Property, plant and equipment, net236,709 227,620 Goodwill121,969 121,969 Other intangibles, net15,987 16,731 Operating lease right-of-use assets33,791 35,576 Deferred income taxes— 1,853 Total assets$1,449,069 $1,406,645 LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilitiesAccounts payable$44,075 $37,195 Accrued expenses and other current liabilities273,975 265,971 Total current liabilities318,050 303,166 Operating lease liabilities30,360 31,538 Other liabilities7,258 7,359 Deferred income taxes7,264 — Total liabilities362,932 342,063 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 9,470,820 and 9,436,732 shares, respectively; Outstanding 7,866,737 and 8,008,012 shares