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Business Combination (Tables)
12 Months Ended
Mar. 29, 2025
Business Combinations [Abstract]  
Schedule of Consideration Transferred and Purchase Price Preliminary Allocation on Assets and Liabilities

The following table presents the consideration transferred and the purchase price allocation:

Description

 

Amount

 

Fair value of consideration transferred

 

 

 

Fair value of Champion Homes, Inc common stock issued as consideration (455,098 shares at $61.20)

 

$

27,852

 

Cash consideration, net of cash acquired

 

 

279,545

 

Working capital adjustment

 

 

3,644

 

Estimated earn out consideration

 

 

5,904

 

Total consideration

 

$

316,945

 

Purchase price allocations:

 

 

 

Trade accounts receivable

 

 

16,300

 

Inventories

 

 

138,933

 

Other current assets

 

 

3,002

 

Property, plant, and equipment, net

 

 

86,174

 

Amortizable intangible assets, net

 

 

41,800

 

Other noncurrent assets

 

 

10,640

 

Floor plan payable

 

 

(75,916

)

Accounts payable

 

 

(14,427

)

Other current liabilities

 

 

(35,662

)

Long-term debt

 

 

(12,233

)

Other liabilities

 

 

(3,065

)

Identifiable net assets acquired

 

 

155,546

 

Goodwill

 

 

161,399

 

Total purchase price

 

$

316,945

 

Summary of Pro Forma Results of Operations The following unaudited pro forma information presents a summary of the operating results as if the acquisition of Regional Homes had been completed on April 3, 2022, which is the beginning of the comparable annual reporting period from the acquisition date:

 

 

Year Ended

 

(Dollars in thousands)

 

March 30,
2024
(unaudited)

 

 

April 1,
2023
(unaudited)

 

 

 

 

 

 

 

 

Pro forma net sales

 

$

2,290,619

 

 

$

3,130,426

 

Pro forma net income

 

$

162,986

 

 

$

465,925