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Segment Information (Tables)
 9 Months Ended
Dec. 27, 2025
Segment Reporting [Abstract]  
Schedule of Financial Information by Reportable Segments Selected financial information by reportable segment was as follows:

 

 

 

Three months ended December 27, 2025

 

(Dollars in thousands)

 

U.S. Factory-built Housing

 

 

Canadian Factory-built Housing

 

 

Corporate/Other

 

 

Consolidated

 

Net sales

 

$

622,364

 

 

$

25,790

 

 

$

8,460

 

 

$

656,614

 

Cost of sales(1)

 

 

(457,549

)

 

 

(18,213

)

 

 

(1,259

)

 

 

 

Selling, general, and administrative expenses(2)

 

 

(78,084

)

 

 

(2,726

)

 

 

(24,052

)

 

 

 

Other items(3)

 

 

—

 

 

 

—

 

 

 

466

 

 

 

 

Segment EBITDA

 

$

86,731

 

 

$

4,851

 

 

$

(16,385

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Factory-built Housing EBITDA

 

 

 

 

 

 

 

 

 

 

$

86,731

 

Canadian Factory-built Housing EBITDA

 

 

 

 

 

 

 

 

 

 

 

4,851

 

Corporate/Other EBITDA

 

 

 

 

 

 

 

 

 

 

 

(16,385

)

Depreciation and amortization

 

 

 

 

 

 

 

 

 

 

 

(12,265

)

Interest income, net

 

 

 

 

 

 

 

 

 

 

 

3,779

 

Equity in net loss of affiliate

 

 

 

 

 

 

 

 

 

 

 

(913

)

Net income attributable to non-controlling interest

 

 

 

 

 

 

 

 

 

 

 

1,668

 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

$

67,466

 

Depreciation

 

$

8,407

 

 

$

749

 

 

$

156

 

 

$

9,312

 

Amortization

 

$

2,953

 

 

$

—

 

 

$

—

 

 

$

2,953

 

Expenditure for segment assets

 

$

6,706

 

 

$

346

 

 

$

45

 

 

$

7,097

 

Segment assets(4)

 

$

1,252,251

 

 

$

152,424

 

 

$

709,640

 

 

$

2,114,315

 

 

(1)
Cost of sales is presented net of depreciation expense.
(2)
Selling, general, and administrative expenses are presented net of depreciation and amortization expense.
(3)
Other items for Corporate/Other include dividend income, equity in net loss of affiliates and non-controlling interest.
(4)
Deferred tax assets for the Canadian operations are reflected in the Canadian Factory-built Housing segment. U.S. deferred tax assets are presented in Corporate/Other because an allocation between segments is not practicable.

 

 

 

Nine months ended December 27, 2025

 

(Dollars in thousands)

 

U.S. Factory-built Housing

 

 

Canadian Factory-built Housing

 

 

Corporate/Other

 

 

Consolidated

 

Net sales

 

$

1,933,351

 

 

$

82,028

 

 

$

26,982

 

 

$

2,042,361

 

Cost of sales(1)

 

 

(1,407,646

)

 

 

(57,882

)

 

 

(4,909

)

 

 

 

Selling, general, and administrative expenses(2)

 

 

(239,956

)

 

 

(13,547

)

 

 

(66,794

)

 

 

 

Other items(3)

 

 

—

 

 

 

—

 

 

 

(2,304

)

 

 

 

Segment EBITDA

 

$

285,749

 

 

$

10,599

 

 

$

(47,025

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Factory-built Housing EBITDA

 

 

 

 

 

 

 

 

 

 

$

285,749

 

Canadian Factory-built Housing EBITDA

 

 

 

 

 

 

 

 

 

 

 

10,599

 

Corporate/Other EBITDA

 

 

 

 

 

 

 

 

 

 

 

(47,025

)

Depreciation and amortization

 

 

 

 

 

 

 

 

 

 

 

(35,825

)

Interest income, net

 

 

 

 

 

 

 

 

 

 

 

12,349

 

Equity in net loss of affiliate

 

 

 

 

 

 

 

 

 

 

 

(203

)

Net income attributable to non-controlling interest

 

 

 

 

 

 

 

 

 

 

 

4,869

 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

$

230,513

 

Depreciation

 

$

24,819

 

 

$

1,678

 

 

$

478

 

 

$

26,975

 

Amortization

 

$

8,850

 

 

$

—

 

 

$

—

 

 

$

8,850

 

Expenditure for segment assets

 

$

23,141

 

 

$

839

 

 

$

934

 

 

$

24,914

 

Segment assets(4)

 

$

1,252,251

 

 

$

152,424

 

 

$

709,640

 

 

$

2,114,315

 

 

(1)
Cost of sales is presented net of depreciation expense.
(2)
Selling, general, and administrative expenses are presented net of depreciation and amortization expense.
(3)
Other items for Corporate/Other include dividend income, equity in net loss of affiliates, and non-controlling interest.
(4)
Deferred tax assets for the Canadian operations are reflected in the Canadian Factory-built Housing segment. U.S. deferred tax assets are presented in Corporate/Other because an allocation between segments is not practicable.

 

 

 

Three months ended December 28, 2024

 

(Dollars in thousands)

 

U.S. Factory-built Housing

 

 

Canadian Factory-built Housing

 

 

Corporate/Other

 

 

Consolidated

 

Net sales

 

$

610,757

 

 

$

25,692

 

 

$

8,476

 

 

$

644,925

 

Cost of sales(1)

 

 

(437,039

)

 

 

(18,482

)

 

 

(1,742

)

 

 

 

Selling, general, and administrative expenses(2)

 

 

(76,269

)

 

 

(2,637

)

 

 

(25,275

)

 

 

 

Other items(3)

 

 

—

 

 

 

—

 

 

 

1,436

 

 

 

 

Segment EBITDA

 

$

97,449

 

 

$

4,573

 

 

$

(17,105

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Factory-built Housing EBITDA

 

 

 

 

 

 

 

 

 

 

$

97,449

 

Canadian Factory-built Housing EBITDA

 

 

 

 

 

 

 

 

 

 

 

4,573

 

Corporate/Other EBITDA

 

 

 

 

 

 

 

 

 

 

 

(17,105

)

Depreciation and amortization

 

 

 

 

 

 

 

 

 

 

 

(10,673

)

Interest income, net

 

 

 

 

 

 

 

 

 

 

 

3,991

 

Equity in net loss of affiliate

 

 

 

 

 

 

 

 

 

 

 

(568

)

Net income attributable to non-controlling interest

 

 

 

 

 

 

 

 

 

 

 

1,290

 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

$

78,957

 

Depreciation

 

$

7,172

 

 

$

462

 

 

$

150

 

 

$

7,784

 

Amortization

 

$

2,889

 

 

$

—

 

 

$

—

 

 

$

2,889

 

Expenditure for segment assets

 

$

12,124

 

 

$

213

 

 

$

1,344

 

 

$

13,681

 

Segment assets(4)

 

$

1,235,694

 

 

$

131,779

 

 

$

669,996

 

 

$

2,037,469

 

 

(1)
Cost of sales is presented net of depreciation expense.
(2)
Selling, general, and administrative expenses are presented net of depreciation and amortization expense.
(3)
Other items for Corporate/Other include dividend income, equity in net loss of affiliate and non-controlling interest.
(4)
Deferred tax assets for the Canadian operations are reflected in the Canadian Factory-built Housing segment. U.S. deferred tax assets are presented in Corporate/Other because an allocation between segments is not practicable.

 

 

 

Nine months ended December 28, 2024

 

(Dollars in thousands)

 

U.S. Factory-built Housing

 

 

Canadian Factory-built Housing

 

 

Corporate/Other

 

 

Consolidated

 

Net sales

 

$

1,797,417

 

 

$

68,725

 

 

$

23,439

 

 

$

1,889,581

 

Cost of sales(1)

 

 

(1,301,549

)

 

 

(50,501

)

 

 

(7,006

)

 

 

 

Selling, general, and administrative expenses(2)

 

 

(230,950

)

 

 

(7,793

)

 

 

(69,044

)

 

 

 

Other items(3)

 

 

—

 

 

 

—

 

 

 

2,955

 

 

 

 

Segment EBITDA

 

$

264,918

 

 

$

10,431

 

 

$

(49,656

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Factory-built Housing EBITDA

 

 

 

 

 

 

 

 

 

 

$

264,918

 

Canadian Factory-built Housing EBITDA

 

 

 

 

 

 

 

 

 

 

 

10,431

 

Corporate/Other EBITDA

 

 

 

 

 

 

 

 

 

 

 

(49,656

)

Depreciation and amortization

 

 

 

 

 

 

 

 

 

 

 

(30,796

)

Interest income, net

 

 

 

 

 

 

 

 

 

 

 

12,977

 

Equity in net income of affiliate

 

 

 

 

 

 

 

 

 

 

 

1,466

 

Net income attributable to non-controlling interest

 

 

 

 

 

 

 

 

 

 

 

1,874

 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

$

211,214

 

Depreciation

 

$

20,220

 

 

$

1,347

 

 

$

462

 

 

$

22,029

 

Amortization

 

$

8,767

 

 

$

—

 

 

$

—

 

 

$

8,767

 

Expenditure for segment assets

 

$

34,116

 

 

$

1,087

 

 

$

2,768

 

 

$

37,971

 

Segment assets(4)

 

$

1,235,694

 

 

$

131,779

 

 

$

669,996

 

 

$

2,037,469

 

 

(1)
Cost of sales is presented net of depreciation expense.
(2)
Selling, general, and administrative expenses are presented net of depreciation and amortization expense.
(3)
Other items for Corporate/Other include dividend income, equity in net loss of affiliates, and non-controlling interest.
(4)
Deferred tax assets for the Canadian operations are reflected in the Canadian Factory-built Housing segment. U.S. deferred tax assets are presented in Corporate/Other because an allocation between segments is not practicable.