Cavco Industries, Inc. (CVCO) financial statements (2022 and earlier)

Company profile

Business Address 3636 N CENTRAL AVE
PHOENIX, AZ 85012
State of Incorp. DE
Fiscal Year End March 31
SIC 2451 - Mobile Homes (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments288342256200199144108
Cash and cash equivalents26732224218718713398
Short-term investments21191513121110
Restricted cash and investments16171312111210
Receivables90904441353129
Inventory, net of allowances, customer advances and progress billings2001311141161099495
Inventory2001311141161099495
Disposal group, including discontinued operation   3   
Deferred tax assets  99
Other undisclosed current assets109728990656748
Total current assets:704652516462419357299
Noncurrent Assets
Finance lease, right-of-use asset711
Operating lease, right-of-use asset161614
Property, plant and equipment158977763635755
Long-term investments and receivables68773932343029
Long-term investments35353232343029
Accounts and financing receivable, after allowance for credit loss3137     
Due from related parties257    
Intangible assets, net (including goodwill), including:131899083838080
Goodwill1027575    
Intangible assets, net (excluding goodwill)291415(7)(7)(6)(6)
Other undisclosed intangible assets, net (including goodwill)   90908686
Restricted cash and investments0000111
Deferred tax assets, net  21(21)
Other undisclosed noncurrent assets281973847561110
Total noncurrent assets:409300294263256251255
TOTAL ASSETS:1,112952810725675607554
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities272235170154150134119
Accounts payable34323029242419
Accrued liabilities238203140125127110100
Debt122202666
Total current liabilities:273237172174176140125
Noncurrent Liabilities
Long-term debt and lease obligation24242315345255
Long-term debt, excluding current maturities11101315345255
Operating lease, liability121311
Liabilities, other than long-term debt977782121
Deferred tax liabilities, net782121
Deferred income tax liabilities977
Total noncurrent liabilities:32313122417376
Total liabilities:305268203196218213201
Temporary equity, carrying amount2      
Stockholders' equity
Stockholders' equity attributable to parent806684608530457394353
Common stock0000000
Treasury stock, value(31)(1)     
Additional paid in capital262254252249246245242
Accumulated other comprehensive income (loss)(0)00(0)111
Retained earnings575431355280209148110
Stockholders' equity attributable to noncontrolling interest1      
Total stockholders' equity:807684608530457394353
Other undisclosed liabilities and equity(2)      
TOTAL LIABILITIES AND EQUITY:1,112952810725675607554

Income statement (P&L) ($ in millions)

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
Revenues1,4231,1081,062963871774712
Revenue, net871774712
Cost of revenue(1,084)(869)(831)(757)(691)(616)(568)
Gross profit:340239231206181158144
Operating expenses(188)(150)(146)(122)(107)(101)(98)
Operating income:151898584745746
Nonoperating income
(Other Nonoperating income)
109106932
Interest and debt expense(0)(1)(1)(3)(4)(4)(4)
Income from continuing operations before income taxes:161979387795544
Income tax expense(3)(20)(18)(18)(17)(17)(15)
Other undisclosed loss from continuing operations(9)      
Income before gain (loss) on sale of properties:149777569623829
Other undisclosed net income9      
Net income:158777569623829
Net loss attributable to noncontrolling interest(0)      
Net income available to common stockholders, diluted:158777569623829

Comprehensive Income ($ in millions)

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
Net income:158777569623829
Other comprehensive loss     (0)(1)
Other undisclosed comprehensive income (loss)(0)000001
Comprehensive income:158777569623829
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)      
Comprehensive income, net of tax, attributable to parent:157777569623829

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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