Cavco industries inc. (CVCO)
Income statement / Yearly
Mar'19Mar'18Apr'17Mar'16Mar'15Mar'14Mar'13Mar'12Mar'11Mar'10
Revenues

962,746

871,235

773,797

712,352

566,659

533,339

452,300

443,066

171,827

115,612

Cost of sales

757,040

690,555

615,760

567,907

440,523

413,856

351,945

347,121

147,549

104,915

Gross profit

205,706

180,680

158,037

144,445

126,136

119,483

100,355

95,945

24,278

10,697

Selling, general and administrative expenses

121,568

106,907

101,231

98,103

87,659

87,938

79,313

79,800

21,345

16,718

Income from operations

84,138

73,773

56,806

46,342

38,477

31,545

21,042

16,145

2,933

-6,021

Interest expense

3,444

4,397

4,443

4,363

4,587

4,845

5,973

7,265

0

-

Other income, net

5,982

9,147

2,918

2,049

3,437

1,105

1,579

1,338

2,028

222

Gain on bargain purchase

-

-

-

-

-

-

-

22,009

0

-

Income before income taxes

86,676

78,523

55,281

44,028

37,327

27,805

16,648

32,227

4,961

-5,799

Income tax expense

18,054

17,021

17,326

15,487

13,510

9,099

6,351

2,499

889

-2,006

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

68,622

61,502

37,955

28,541

23,817

18,706

10,297

29,728

4,072

-3,793

Less: net income attributable to redeemable noncontrolling interest

-

-

-

-

-

2,468

5,334

14,491

1,241

-422

Net income attributable to Cavco common stockholders

-

-

-

28,541

23,817

16,238

4,963

15,237

2,831

-3,371

Comprehensive income:
Net income

68,622

61,502

37,955

28,541

23,817

18,706

10,297

29,728

4,072

-

Reclassification adjustment for net loss (gains) realized in income

-74

1,538

372

283

-

-

-

-

-

-

Applicable income taxes

-15

574

149

99

-

-

-

-

-

-

Net change in unrealized position of investments held

122

1,249

493

1,607

-

-

-

-

-

-

Applicable income taxes

26

233

173

638

-

-

-

-

-

-

Unrealized gain on available-for-sale securities, net of tax

-

-

-

-

68

82

238

116

0

-

Net income

68,622

61,502

37,955

28,541

-

-

-

-

-

-3,793

Comprehensive income

68,777

61,554

38,052

29,326

23,885

18,788

10,535

29,844

4,072

-

Comprehensive income attributable to redeemable noncontrolling interest

-

-

-

-

-

2,392

5,453

14,549

1,241

-

Comprehensive income attributable to Cavco common stockholders

-

-

-

-

-

16,396

5,082

15,295

2,831

-

Earnings Per Share [Abstract]
Basic (usd per share)

7.56

6.82

4.23

3.21

2.69

1.97

0.71

2.22

0.43

-0.52

Diluted (usd per share)

7.40

6.68

4.17

3.15

2.64

1.94

0.71

2.19

0.41

-0.52

Weighted average shares outstanding:
Basic (in shares)

9,080

9,024

8,976

8,889

8,854

8,262

6,956

6,877

6,637

6,516

Diluted (in shares)

9,268

9,201

9,105

9,046

9,015

8,379

7,027

6,949

6,859

6,516