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Segment Information (Tables)
 6 Months Ended
Sep. 28, 2019
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 28,

2019

 

 

September 29,

2018

 

 

September 28,

2019

 

 

September 29,

2018

 

 

 

 

 

 

 

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Factory-built Housing

 

$

312,830

 

 

$

306,615

 

 

$

644,435

 

 

$

572,739

 

Canadian Factory-built Housing

 

 

26,407

 

 

 

25,401

 

 

 

50,107

 

 

 

52,755

 

Corporate/Other

 

 

15,221

 

 

 

23,420

 

 

 

31,804

 

 

 

52,203

 

Consolidated net sales

 

$

354,458

 

 

$

355,436

 

 

$

726,346

 

 

$

677,697

 

Operating income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Factory-built Housing EBITDA

 

$

35,314

 

 

$

26,687

 

 

$

71,459

 

 

$

49,603

 

Canadian Factory-built Housing EBITDA

 

 

4,244

 

 

 

3,035

 

 

 

7,299

 

 

 

6,555

 

Corporate/Other EBITDA

 

 

(8,998

)

 

 

(94,744

)

 

 

(19,406

)

 

 

(108,197

)

Depreciation

 

 

(3,545

)

 

 

(2,845

)

 

 

(6,655

)

 

 

(5,275

)

Amortization

 

 

(1,362

)

 

 

(1,202

)

 

 

(2,724

)

 

 

(1,683

)

Consolidated operating income

 

$

25,653

 

 

$

(69,069

)

 

$

49,973

 

 

$

(58,997

)

Depreciation:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Factory-built Housing

 

$

3,068

 

 

$

2,415

 

 

$

5,706

 

 

$

4,460

 

Canadian Factory-built Housing

 

 

247

 

 

 

227

 

 

 

489

 

 

 

458

 

Corporate/Other

 

 

230

 

 

 

203

 

 

 

460

 

 

 

357

 

Consolidated depreciation

 

$

3,545

 

 

$

2,845

 

 

$

6,655

 

 

$

5,275

 

Amortization of intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Factory-built Housing

 

$

1,362

 

 

$

1,142

 

 

$

2,724

 

 

$

1,562

 

Canadian Factory-built Housing

 

 

—

 

 

 

60

 

 

 

—

 

 

 

121

 

Corporate/Other

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Consolidated amortization of intangible assets

 

$

1,362

 

 

$

1,202

 

 

$

2,724

 

 

$

1,683

 

Capital expenditures:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Factory-built Housing

 

$

4,144

 

 

$

2,176

 

 

$

7,502

 

 

$

3,456

 

Canadian Factory-built Housing

 

 

317

 

 

 

204

 

 

 

428

 

 

 

414

 

Corporate/Other

 

 

422

 

 

 

285

 

 

 

1,479

 

 

 

814

 

Consolidated capital expenditures

 

$

4,883

 

 

$

2,665

 

 

$

9,409

 

 

$

4,684

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

September 28,

2019

 

 

March 30,

2019

 

Total Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Factory-built Housing (1)

 

 

 

 

 

 

 

 

 

$

491,699

 

 

$

488,878

 

Canadian Factory-built Housing (1)

 

 

 

 

 

 

 

 

 

 

62,879

 

 

 

59,260

 

Corporate/Other (1)

 

 

 

 

 

 

 

 

 

 

176,972

 

 

 

151,816

 

Consolidated total assets

 

 

 

 

 

 

 

 

 

$

731,550

 

 

$

699,954

 

 

(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.