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Segment Information (Tables)
 6 Months Ended
Sep. 29, 2018
Segment Reporting [Abstract]  
Schedule of Financial Information by Reportable Segments

Selected financial information by reportable segment was as follows:

 

 

Three Months Ended

 

 

Six Months Ended

 

(Dollars in thousands)

 

September 29,

2018

 

 

September 30,

2017

 

 

September 29,

2018

 

 

September 30,

2017

 

 

 

(unaudited)

 

 

(unaudited)

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Factory-built Housing

 

$

306,615

 

 

$

205,963

 

 

$

572,739

 

 

$

399,139

 

Canadian Factory-built Housing

 

 

25,401

 

 

 

26,653

 

 

 

52,755

 

 

 

49,056

 

Corporate/Other

 

 

23,420

 

 

 

27,347

 

 

 

52,203

 

 

 

55,870

 

Consolidated net sales

 

$

355,436

 

 

$

259,963

 

 

$

677,697

 

 

$

504,065

 

Operating income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Factory-built Housing EBITDA

 

$

26,687

 

 

$

14,817

 

 

$

49,603

 

 

$

25,804

 

Canadian Factory-built Housing EBITDA

 

 

3,035

 

 

 

3,781

 

 

 

6,555

 

 

 

6,639

 

Corporate/Other EBITDA

 

 

(94,744

)

 

 

(2,904

)

 

 

(108,197

)

 

 

(5,548

)

Depreciation

 

 

(2,845

)

 

 

(2,018

)

 

 

(5,275

)

 

 

(3,860

)

Amortization

 

 

(1,202

)

 

 

(112

)

 

 

(1,683

)

 

 

(238

)

Consolidated operating (loss) income

 

$

(69,069

)

 

$

13,564

 

 

$

(58,997

)

 

$

22,797

 

Depreciation:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Factory-built Housing

 

$

2,415

 

 

$

1,651

 

 

$

4,460

 

 

$

3,153

 

Canadian Factory-built Housing

 

 

227

 

 

 

235

 

 

 

458

 

 

 

444

 

Corporate/Other

 

 

203

 

 

 

132

 

 

 

357

 

 

 

263

 

Consolidated depreciation

 

$

2,845

 

 

$

2,018

 

 

$

5,275

 

 

$

3,860

 

Amortization of intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Factory-built Housing

 

$

1,142

 

 

$

49

 

 

$

1,562

 

 

$

117

 

Canadian Factory-built Housing

 

 

60

 

 

 

63

 

 

 

121

 

 

 

121

 

Corporate/Other

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Consolidated amortization of intangible assets

 

$

1,202

 

 

$

112

 

 

$

1,683

 

 

$

238

 

Capital expenditures:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Factory-built Housing

 

$

2,176

 

 

$

1,464

 

 

$

3,456

 

 

$

5,020

 

Canadian Factory-built Housing

 

 

204

 

 

 

57

 

 

 

414

 

 

 

400

 

Corporate/Other

 

 

285

 

 

 

375

 

 

 

814

 

 

 

433

 

Consolidated capital expenditures

 

$

2,665

 

 

$

1,896

 

 

$

4,684

 

 

$

5,853

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

September 29,

2018

 

 

March 31,

2018

 

 

 

 

 

 

 

 

 

 

 

(unaudited)

 

 

 

 

 

Total Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S Factory-built Housing (1)

 

 

 

 

 

 

 

 

 

$

471,833

 

 

$

190,323

 

Canadian Factory-built Housing (1)

 

 

 

 

 

 

 

 

 

 

56,484

 

 

 

54,449

 

Corporate/Other (1)

 

 

 

 

 

 

 

 

 

 

137,095

 

 

 

150,626

 

Consolidated total assets

 

 

 

 

 

 

 

 

 

$

665,412

 

 

$

395,398

 

 

 

(1)

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.