Business Segment Information (Tables)

9 Months Ended

Dec. 27, 2025

The following tables provide selected financial data by segment (dollars in thousands):


	Three Months Ended December 27, 2025
	Factory-built housing		Financial services		Consolidated
Net revenue	$	558,497	$	22,497	$	580,994
Cost of sales	437,242		7,831		445,073
Gross profit	121,255		14,666		135,921
Selling, general and administrative expenses	74,162		7,199		81,361
Income from operations	47,093		7,467		54,560
Interest income	2,956		—		2,956
Interest expense	(131)		—		(131)
Other income, net	213		—		213
Income before income taxes	50,131		7,467		57,598
Income tax expense	(11,981)		(1,550)		(13,531)
Net income	$	38,150	$	5,917	$	44,067

	Nine Months Ended December 27, 2025
	Factory-built housing		Financial services		Consolidated
Net revenue	$	1,629,308	$	65,070	$	1,694,378
Cost of sales	1,264,715		29,829		1,294,544
Gross profit	364,593		35,241		399,834
Selling, general and administrative expenses	203,073		19,665		222,738
Income from operations	161,520		15,576		177,096
Interest income	13,105		—		13,105
Interest expense	(407)		—		(407)
Other income, net	355		—		355
Income before income taxes	174,573		15,576		190,149
Income tax expense	(38,770)		(3,289)		(42,059)
Net income	$	135,803	$	12,287	$	148,090


	Three Months Ended December 28, 2024
	Factory-built housing		Financial services		Consolidated
Net revenue	$	500,860	$	21,180	$	522,040
Cost of sales	382,667		9,423		392,090
Gross profit	118,193		11,757		129,950
Selling, general and administrative expenses	60,408		5,572		65,980
Income from operations	57,785		6,185		63,970
Interest income	5,353		—		5,353
Interest expense	(155)		—		(155)
Other income, net	168		—		168
Income before income taxes	63,151		6,185		69,336
Income tax expense	(11,715)		(1,159)		(12,874)
Net income	$	51,436	$	5,026	$	56,462

	Nine Months Ended December 28, 2024
	Factory-built housing		Financial services		Consolidated
Net revenue	$	1,445,251	$	61,849	$	1,507,100
Cost of sales	1,112,029		45,597		1,157,626
Gross profit	333,222		16,252		349,474
Selling, general and administrative expenses	181,569		16,259		197,828
Income (loss) from operations	151,653		(7)		151,646
Interest income	16,556		—		16,556
Interest expense	(370)		—		(370)
Other income, net	315		—		315
Income (loss) before income taxes	168,154		(7)		168,147
Income tax (expense) benefit	(33,470)		29		(33,441)
Net income	$	134,684	$	22	$	134,706