Earnings Per Share (Tables)

12 Months Ended

Apr. 02, 2022

Earnings Per Share [Abstract]

Basic earnings per share

The following table sets forth the computation of basic and diluted earnings per share for fiscal years 2022, 2021 and 2020 (dollars in thousands, except per share amounts):

	Fiscal Year
	2022		2021		2020
Net income attributable to Cavco common stockholders	$	197,699	$	76,646	$	75,066
Weighted average shares outstanding:
Basic	9,178,593		9,189,052		9,129,639
Effect of dilutive securities	85,560		104,082		139,145
Diluted	9,264,153		9,293,134		9,268,784
Net income per share attributable to Cavco common stockholders
Basic	$	21.54	$	8.34	$	8.22
Diluted	$	21.34	$	8.25	$	8.10
Anti-dilutive common stock equivalents excluded	405		19,440		23,336
Outstanding RSUs excluded, as underlying performance criteria has not yet been met	20,054		12,939		7,305

Diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per share for fiscal years 2022, 2021 and 2020 (dollars in thousands, except per share amounts):

	Fiscal Year
	2022		2021		2020
Net income attributable to Cavco common stockholders	$	197,699	$	76,646	$	75,066
Weighted average shares outstanding:
Basic	9,178,593		9,189,052		9,129,639
Effect of dilutive securities	85,560		104,082		139,145
Diluted	9,264,153		9,293,134		9,268,784
Net income per share attributable to Cavco common stockholders
Basic	$	21.54	$	8.34	$	8.22
Diluted	$	21.34	$	8.25	$	8.10
Anti-dilutive common stock equivalents excluded	405		19,440		23,336
Outstanding RSUs excluded, as underlying performance criteria has not yet been met	20,054		12,939		7,305