%PDF-1.5 1 0 obj <> endobj 3 0 obj <> endobj 4 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 306.00 749.10 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 35.5 735.6 m 575.5 735.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 35.5 733.6 m 575.5 733.6 l s BT /F1 10.00 Tf ET BT /F2 15.00 Tf ET q 0 0 0 rg BT 84.35 699.10 Td (UNITED ST) Tj ET Q q 0 0 0 rg BT 163.68 699.10 Td (A) Tj ET Q q 0 0 0 rg BT 173.40 699.10 Td (TES SECURITIES) Tj ET Q q 0 0 0 rg BT 299.29 699.10 Td (AND EXCHANGE COMMISSION) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.45 687.10 Td (W) Tj ET Q q 0 0 0 rg BT 263.90 687.10 Td (ashington, D.C. 20549) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 672.6 m 400.5 672.6 l s BT /F1 10.00 Tf ET BT /F2 15.00 Tf ET q 0 0 0 rg BT 265.35 658.10 Td (FORM 10-Q) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 649.10 Td (\(Mark One\)) Tj ET Q /GS0 gs q 9.81 0 0 10.74 39.00 625.36 cm /I1 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 64.00 628.65 Td (QUAR) Tj ET Q q 0 0 0 rg BT 96.00 628.65 Td (TERL) Tj ET Q q 0 0 0 rg BT 124.95 628.65 Td (Y) Tj ET Q q 0 0 0 rg BT 132.48 628.65 Td ( REPOR) Tj ET Q q 0 0 0 rg BT 173.34 628.65 Td (T) Tj ET Q q 0 0 0 rg BT 180.48 628.65 Td ( PURSUANT) Tj ET Q q 0 0 0 rg BT 242.93 628.65 Td ( ) Tj ET Q q 0 0 0 rg BT 245.48 628.65 Td (T) Tj ET Q q 0 0 0 rg BT 252.62 628.65 Td (O SECTION 13 OR 15\(d\) OF) Tj ET Q q 0 0 0 rg BT 391.25 628.65 Td ( ) Tj ET Q q 0 0 0 rg BT 393.80 628.65 Td (THE SECURITIES) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 64.00 617.70 Td (EXCHANGE ) Tj ET Q q 0 0 0 rg BT 129.70 617.70 Td (ACT) Tj ET Q q 0 0 0 rg BT 152.73 617.70 Td ( OF) Tj ET Q q 0 0 0 rg BT 170.35 617.70 Td ( 1934) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.70 604.10 Td (For) Tj ET Q q 0 0 0 rg BT 212.07 604.10 Td ( the quarterly period ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 331.78 604.10 Td (September) Tj ET Q q 0 0 0 rg BT 377.70 604.10 Td ( 29, 2018) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 298.50 592.10 Td (OR) Tj ET Q /GS0 gs q 9.80 0 0 10.74 39.00 568.36 cm /I2 Do Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 64.00 571.65 Td (TRANSITION REPOR) Tj ET Q q 0 0 0 rg BT 174.55 571.65 Td (T) Tj ET Q q 0 0 0 rg BT 181.69 571.65 Td ( PURSUANT) Tj ET Q q 0 0 0 rg BT 244.13 571.65 Td ( ) Tj ET Q q 0 0 0 rg BT 246.68 571.65 Td (T) Tj ET Q q 0 0 0 rg BT 253.82 571.65 Td (O SECTION 13 OR 15\(d\) OF) Tj ET Q q 0 0 0 rg BT 392.45 571.65 Td ( ) Tj ET Q q 0 0 0 rg BT 395.00 571.65 Td (THE SECURITIES) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 64.00 560.70 Td (EXCHANGE ) Tj ET Q q 0 0 0 rg BT 129.70 560.70 Td (ACT) Tj ET Q q 0 0 0 rg BT 152.73 560.70 Td ( OF) Tj ET Q q 0 0 0 rg BT 170.35 560.70 Td ( 1934) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 212.30 549.10 Td (For) Tj ET Q q 0 0 0 rg BT 227.67 549.10 Td ( the transition period fr) Tj ET Q q 0 0 0 rg BT 328.03 549.10 Td (omto) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 228.45 529.10 Td (Commission File Number) Tj ET Q q 0 0 0 rg BT 337.71 529.10 Td ( 000-08822) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 514.6 m 400.5 514.6 l s BT /F1 10.00 Tf ET BT /F2 21.00 Tf ET q 0 0 0 rg BT 207.40 494.10 Td (Cavco Industries, Inc.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 206.60 485.10 Td (\(Exact name of r) Tj ET Q q 0 0 0 rg BT 270.67 485.10 Td (egistrant as specified in its charter\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 153.80 466.00 Td (Delawar) Tj ET Q q 0 0 0 rg BT 186.21 466.00 Td (e) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 420.25 466.00 Td (56-2405642) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 115.90 451.05 Td (\(State or) Tj ET Q q 0 0 0 rg BT 148.97 451.05 Td ( other) Tj ET Q q 0 0 0 rg BT 171.55 451.05 Td ( jurisdiction of) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 113.30 442.05 Td (incorporation or) Tj ET Q q 0 0 0 rg BT 176.88 442.05 Td ( organization\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.55 451.05 Td (\(I.R.S. Employer) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.75 442.05 Td (Identification No.\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 231.30 423.05 Td (3636 North Central ) Tj ET Q q 0 0 0 rg BT 308.04 423.05 Td (A) Tj ET Q q 0 0 0 rg BT 313.87 423.05 Td (venue, Suite 1200) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 260.60 414.05 Td (Phoenix, ) Tj ET Q q 0 0 0 rg BT 295.61 414.05 Td (Arizona 85012) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 194.55 401.00 Td (\(Addr) Tj ET Q q 0 0 0 rg BT 217.89 401.00 Td (ess of principal executive offices, including zip code\)) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 280.50 387.10 Td (602-256-6263) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 204.45 378.10 Td (\(Registrant's telephone number) Tj ET Q q 0 0 0 rg BT 325.12 378.10 Td (, including ar) Tj ET Q q 0 0 0 rg BT 376.21 378.10 Td (ea code\)) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 363.6 m 400.5 363.6 l s BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 36.00 340.10 Td (Indicate by check mark whether the registrant \(1\)has filed all reports required to be filed by Section13 or 15\(d\) of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 539.57 340.10 Td (Act of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 36.00 331.10 Td (1934 during the preceding 12 months \(or for such shorter period that the registrant was required to file such reports\), and \(2\)has been subject to such ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 36.00 322.10 Td (filing requirements for the past 90 days.) Tj ET Q q 0 0 0 rg BT 188.38 322.10 Td (Y) Tj ET Q q 0 0 0 rg BT 193.98 322.10 Td (es) Tj ET Q /GS0 gs q 8.02 0 0 9.18 205.98 320.16 cm /I3 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 214.00 322.10 Td (No) Tj ET Q /GS0 gs q 8.02 0 0 9.18 238.50 320.16 cm /I4 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 36.00 310.10 Td (Indicate by check mark whether the registrant has submitted electronically and posted on its corporate ) Tj ET Q q 0 0 0 rg BT 405.46 310.10 Td (W) Tj ET Q q 0 0 0 rg BT 413.23 310.10 Td (eb site, if any) Tj ET Q q 0 0 0 rg BT 461.13 310.10 Td (, every Interactive Data File ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 36.00 301.10 Td (required to be submitted and posted pursuant to Rule 405 of Regulation S-T) Tj ET Q q 0 0 0 rg BT 309.29 301.10 Td ( \( 232.405 of this chapter\) during the preceding 12 months \(or for such ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 36.00 292.10 Td (shorter period that the registrant was required to submit and post such files\).) Tj ET Q q 0 0 0 rg BT 318.85 292.10 Td (Y) Tj ET Q q 0 0 0 rg BT 324.45 292.10 Td (es) Tj ET Q /GS0 gs q 8.02 0 0 9.18 336.45 290.16 cm /I5 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 344.47 292.10 Td (No) Tj ET Q /GS0 gs q 8.02 0 0 9.18 368.97 290.16 cm /I6 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 36.00 280.10 Td (Indicate by check mark whether the registrant is a lar) Tj ET Q q 0 0 0 rg BT 227.00 280.10 Td (ge accelerated filer) Tj ET Q q 0 0 0 rg BT 295.09 280.10 Td (, an accelerated filer) Tj ET Q q 0 0 0 rg BT 367.67 280.10 Td (, a non-accelerated filer) Tj ET Q q 0 0 0 rg BT 452.25 280.10 Td (, or a small reporting company) Tj ET Q q 0 0 0 rg BT 562.14 280.10 Td (. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 36.00 271.10 Td (See definitions of "lar) Tj ET Q q 0 0 0 rg BT 114.74 271.10 Td (ge accelerated filer) Tj ET Q q 0 0 0 rg BT 182.83 271.10 Td (," "accelerated filer) Tj ET Q q 0 0 0 rg BT 252.01 271.10 Td (," and "smaller reporting company" in Rule 12b-2 of the Exchange ) Tj ET Q q 0 0 0 rg BT 493.97 271.10 Td (Act. \(Check one\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.50 251.91 Td (Lar) Tj ET Q q 0 0 0 rg BT 98.91 251.91 Td (ge accelerated filer) Tj ET Q /GS0 gs q 8.02 0 0 8.78 208.50 249.37 cm /I7 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.50 251.91 Td (Accelerated filer) Tj ET Q /GS0 gs q 8.02 0 0 8.78 512.50 249.37 cm /I8 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.50 240.91 Td (Non-accelerated filer) Tj ET Q /GS0 gs q 8.02 0 0 9.78 208.50 238.37 cm /I9 Do Q /GS0 gs q 9.00 0 0 9.78 216.52 238.37 cm /I10 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 225.52 240.21 Td (\(Do not check if a smaller reporting company\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.50 240.91 Td (Smaller reporting company) Tj ET Q /GS0 gs q 8.02 0 0 8.78 512.50 238.37 cm /I11 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.50 229.86 Td (Emer) Tj ET Q q 0 0 0 rg BT 105.83 229.86 Td (ging Growth Company) Tj ET Q /GS0 gs q 8.02 0 0 8.78 208.50 227.32 cm /I12 Do Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 36.00 215.10 Td (If an emer) Tj ET Q q 0 0 0 rg BT 72.81 215.10 Td (ging growth company) Tj ET Q q 0 0 0 rg BT 151.22 215.10 Td (, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 36.00 206.10 Td (new or revised financial accounting standards provided pursuant to Section 13\(a\) of the Exchange ) Tj ET Q q 0 0 0 rg BT 390.39 206.10 Td (Act. ) Tj ET Q /GS0 gs q 8.02 0 0 9.18 414.63 204.16 cm /I13 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 36.00 194.10 Td (Indicate by check mark whether the Registrant is a shell company \(as defined in Rule 12b-2 of the Exchange ) Tj ET Q q 0 0 0 rg BT 429.12 194.10 Td (Act\).) Tj ET Q q 0 0 0 rg BT 456.03 194.10 Td (Y) Tj ET Q q 0 0 0 rg BT 461.63 194.10 Td (es) Tj ET Q /GS0 gs q 8.02 0 0 9.18 473.63 192.16 cm /I14 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.65 194.10 Td (No) Tj ET Q /GS0 gs q 8.02 0 0 9.18 506.14 192.16 cm /I15 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 36.00 182.10 Td (As of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.00 182.10 Td (November2, 2018) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 125.24 182.10 Td (, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 129.74 182.10 Td (9,098,159) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 165.74 182.10 Td ( shares of Registrant's Common Stock, $.01 par value, were outstanding.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 35.5 168.60000000000002 m 575.5 168.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 35.5 166.60000000000002 m 575.5 166.60000000000002 l s BT /F1 10.00 Tf ET endstream endobj 5 0 obj <><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>] /Rotate 0 /Contents 6 0 R>> endobj 6 0 obj <> stream BT /F2 11.00 Tf ET q 0 0 0 rg BT 237.30 741.60 Td (CA) Tj ET Q q 0 0 0 rg BT 251.77 741.60 Td (VCO INDUSTRIES, INC.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 276.20 728.40 Td (FORM 10-Q) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 260.10 715.20 Td (September) Tj ET Q q 0 0 0 rg BT 310.61 715.20 Td ( 29, 2018) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 351.86 715.20 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 247.30 693.00 Td (T) Tj ET Q q 0 0 0 rg BT 253.82 693.00 Td (ABLE OF) Tj ET Q q 0 0 0 rg BT 301.39 693.00 Td ( CONTENTS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 653.3 m 562.5 653.3 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 536.30 658.22 Td (Page) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 53 641.628857421875 m 239.6240234375 641.628857421875 l s q 0 0 1 rg BT 53.00 643.35 Td (P) Tj ET Q q 0 0 1 rg BT 58.90 643.35 Td (AR) Tj ET Q q 0 0 1 rg BT 74.40 643.35 Td (T) Tj ET Q q 0 0 1 rg BT 81.54 643.35 Td ( I. FINANCIAL) Tj ET Q q 0 0 1 rg BT 155.80 643.35 Td ( INFORMA) Tj ET Q q 0 0 1 rg BT 211.51 643.35 Td (TION) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 77 625.628857421875 m 211.427734375 625.628857421875 l s q 0 0 1 rg BT 77.00 627.35 Td (Item 1. Financial Statements) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 101 609.70673828125 m 488.3525390625 609.70673828125 l s q 0 0 1 rg BT 101.00 611.17 Td (Consolidated Balance Sheets as of September 29, 2018 \(unaudited\) and March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 101 591.70673828125 m 511.57177734375 591.70673828125 l s q 0 0 1 rg BT 101.00 593.17 Td (Consolidated Statements of Comprehensive Income \(unaudited\) for the three and six months ) Tj ET Q BT /F1 11.00 Tf ET 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 101 580.70673828125 m 327.97705078125 580.70673828125 l s q 0 0 1 rg BT 101.00 582.17 Td (ended September 29, 2018 and September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 101 561.70673828125 m 510.384765625 561.70673828125 l s q 0 0 1 rg BT 101.00 563.17 Td (Consolidated Statements of Cash Flows \(unaudited\) for the six months ended September 29, ) Tj ET Q BT /F1 11.00 Tf ET 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 101 550.70673828125 m 232.67236328125 550.70673828125 l s q 0 0 1 rg BT 101.00 552.17 Td (2018 and September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 101 532.70673828125 m 293.47314453125 532.70673828125 l s q 0 0 1 rg BT 101.00 534.17 Td (Notes to Consolidated Financial Statements) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 77 516.628857421875 m 477.0283203125 516.628857421875 l s q 0 0 1 rg BT 77.00 518.35 Td (Item 2. Management's Discussion and ) Tj ET Q q 0 0 1 rg BT 256.68 518.35 Td (Analysis of Financial Condition and Results of ) Tj ET Q BT /F2 11.00 Tf ET 0 0 1 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 77 505.628857421875 m 129.55615234375 505.628857421875 l s q 0 0 1 rg BT 77.00 507.35 Td (Operations) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 77 486.628857421875 m 397.32666015625 486.628857421875 l s q 0 0 1 rg BT 77.00 488.35 Td (Item 3. Quantitative and Qualitative Disclosur) Tj ET Q q 0 0 1 rg BT 294.35 488.35 Td (es ) Tj ET Q q 0 0 1 rg BT 305.66 488.35 Td (About Market Risk) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 77 468.628857421875 m 229.46923828125 468.628857421875 l s q 0 0 1 rg BT 77.00 470.35 Td (Item 4. Contr) Tj ET Q q 0 0 1 rg BT 140.65 470.35 Td (ols and Pr) Tj ET Q q 0 0 1 rg BT 188.12 470.35 Td (ocedur) Tj ET Q q 0 0 1 rg BT 220.31 470.35 Td (es) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 53 450.628857421875 m 221.90478515625 450.628857421875 l s q 0 0 1 rg BT 53.00 452.35 Td (P) Tj ET Q q 0 0 1 rg BT 58.90 452.35 Td (AR) Tj ET Q q 0 0 1 rg BT 74.40 452.35 Td (T) Tj ET Q q 0 0 1 rg BT 81.54 452.35 Td ( II. OTHER INFORMA) Tj ET Q q 0 0 1 rg BT 193.79 452.35 Td (TION) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 77 434.628857421875 m 198.38671875 434.628857421875 l s q 0 0 1 rg BT 77.00 436.35 Td (Item 1. Legal Pr) Tj ET Q q 0 0 1 rg BT 153.17 436.35 Td (oceedings) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 77 416.628857421875 m 180.25927734375 416.628857421875 l s q 0 0 1 rg BT 77.00 418.35 Td (Item 1A. Risk Factors) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 77 399.628857421875 m 200.8359375 399.628857421875 l s q 0 0 1 rg BT 77.00 401.35 Td (Item 5. Other) Tj ET Q q 0 0 1 rg BT 140.64 401.35 Td ( Information) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 77 381.628857421875 m 151.86767578125 381.628857421875 l s q 0 0 1 rg BT 77.00 383.35 Td (Item 6. Exhibits) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 53 363.628857421875 m 123.705078125 363.628857421875 l s q 0 0 1 rg BT 53.00 365.35 Td (SIGNA) Tj ET Q q 0 0 1 rg BT 87.03 365.35 Td (TURES) Tj ET Q BT /F2 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 553.5 609.70673828125 m 559 609.70673828125 l s q 0 0 1 rg BT 553.50 611.17 Td (1) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 553.5 591.70673828125 m 559 591.70673828125 l s q 0 0 1 rg BT 553.50 593.17 Td (2) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 553.5 561.70673828125 m 559 561.70673828125 l s q 0 0 1 rg BT 553.50 563.17 Td (3) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 553.5 532.70673828125 m 559 532.70673828125 l s q 0 0 1 rg BT 553.50 534.17 Td (4) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 548 516.70673828125 m 559 516.70673828125 l s q 0 0 1 rg BT 548.00 518.17 Td (32) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 548 486.70673828125 m 559 486.70673828125 l s q 0 0 1 rg BT 548.00 488.17 Td (42) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 548 468.70673828125 m 559 468.70673828125 l s q 0 0 1 rg BT 548.00 470.17 Td (42) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 548 434.70673828125 m 559 434.70673828125 l s q 0 0 1 rg BT 548.00 436.17 Td (42) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 548 416.70673828125 m 559 416.70673828125 l s q 0 0 1 rg BT 548.00 418.17 Td (43) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 548 399.70673828125 m 559 399.70673828125 l s q 0 0 1 rg BT 548.00 401.17 Td (44) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 548 381.70673828125 m 559 381.70673828125 l s q 0 0 1 rg BT 548.00 383.17 Td (46) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 548 363.70673828125 m 559 363.70673828125 l s q 0 0 1 rg BT 548.00 365.17 Td (47) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 7 0 obj <>] /Rotate 0 /Contents 8 0 R>> endobj 8 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 212.05 741.60 Td (P) Tj ET Q q 0 0 0 rg BT 217.95 741.60 Td (AR) Tj ET Q q 0 0 0 rg BT 233.45 741.60 Td (T) Tj ET Q q 0 0 0 rg BT 240.59 741.60 Td ( 1. FINANCIAL) Tj ET Q q 0 0 0 rg BT 316.07 741.60 Td ( INFORMA) Tj ET Q q 0 0 0 rg BT 371.78 741.60 Td (TION) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 728.35 Td (Item 1. Financial Statements) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 237.30 715.15 Td (CA) Tj ET Q q 0 0 0 rg BT 251.77 715.15 Td (VCO INDUSTRIES, INC.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 210.70 701.95 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 276.51 701.95 Td (TED BALANCE SHEETS) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 191.45 688.75 Td (\(Dollars in thousands, except per) Tj ET Q q 0 0 0 rg BT 345.56 688.75 Td ( shar) Tj ET Q q 0 0 0 rg BT 368.89 688.75 Td (e amounts\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 635.25 358.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 635.25 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 635.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 635.25 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 606.25 358.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 606.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 606.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 606.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 578.25 358.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 578.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 578.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 578.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 550.25 358.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 550.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 550.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 550.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 522.25 358.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 522.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 522.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 522.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 494.25 358.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 494.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 494.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 494.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 466.25 358.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 466.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 466.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 466.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 438.25 358.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 438.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 438.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 438.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 410.25 358.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 410.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 410.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 410.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 382.25 358.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 382.25 75.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 382.25 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 382.25 75.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 346.25 358.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 346.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 346.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 346.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 318.25 358.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 318.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 318.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 318.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 290.25 358.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 290.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 290.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 290.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 262.25 358.00 -9.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 262.25 75.00 -9.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 262.25 4.00 -9.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 262.25 75.00 -9.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 237.25 358.00 -26.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 237.25 75.00 -26.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 237.25 4.00 -26.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 237.25 75.00 -26.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 184.25 358.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 184.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 184.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 184.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 156.25 358.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 156.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 156.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 156.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 128.25 358.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 128.25 75.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 128.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 128.25 75.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 651.25 m 483.5 651.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 651.25 m 562.5 651.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 494.25 m 483.5 494.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 494.25 m 562.5 494.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 480.25 m 483.5 480.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 480.25 m 562.5 480.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 396.25 m 483.5 396.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 383.25 m 483.5 383.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 381.25 m 483.5 381.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 396.25 m 562.5 396.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 383.25 m 562.5 383.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 381.25 m 562.5 381.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 304.25 m 483.5 304.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 290.25 m 483.5 290.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 304.25 m 562.5 304.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 290.25 m 562.5 290.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 142.25 m 483.5 142.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 142.25 m 562.5 142.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 128.25 m 483.5 128.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 128.25 m 562.5 128.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 115.25 m 483.5 115.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 113.25 m 483.5 113.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 115.25 m 562.5 115.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 113.25 m 562.5 113.25 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 667.17 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 656.17 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 667.17 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 656.17 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 418.90 640.17 Td (\(Unaudited\)) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 53.00 625.15 Td (ASSETS) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 610.12 Td (Current assets:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 596.12 Td (Cash and cash equivalents) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 596.12 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 596.12 Td (195,488) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 596.12 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 596.12 Td (186,766) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 582.12 Td (Restricted cash, current) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 582.12 Td (13,754) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 582.12 Td (1) Tj ET Q q 0 0 0 rg BT 533.55 582.12 Td (1,228) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 568.12 Td (Accounts receivable, net) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 568.12 Td (38,097) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 568.12 Td (35,043) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 554.12 Td (Short-term investments) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 554.12 Td (13,462) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 554.12 Td (1) Tj ET Q q 0 0 0 rg BT 533.55 554.12 Td (1,866) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 540.12 Td (Current portion of consumer loans receivable, net) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 540.12 Td (31,327) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 540.12 Td (31,096) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 526.12 Td (Current portion of commercial loans receivable, net) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 526.12 Td (10,909) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 526.12 Td (5,481) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 512.12 Td (Inventories) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 512.12 Td (1) Tj ET Q q 0 0 0 rg BT 449.05 512.12 Td (1) Tj ET Q q 0 0 0 rg BT 454.55 512.12 Td (1,502) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 512.12 Td (109,152) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 498.12 Td (Prepaid expenses and other current assets) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 498.12 Td (34,169) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 498.12 Td (27,961) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 484.12 Td (T) Tj ET Q q 0 0 0 rg BT 59.33 484.12 Td (otal current assets) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 484.12 Td (448,708) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 484.12 Td (418,593) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 470.12 Td (Restricted cash) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.80 470.12 Td (453) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 470.12 Td (1,264) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 456.12 Td (Investments) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 456.12 Td (33,149) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 456.12 Td (33,573) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 442.12 Td (Consumer loans receivable, net) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 442.12 Td (62,021) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 442.12 Td (63,855) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 428.12 Td (Commercial loans receivable, net) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 428.12 Td (22,920) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 428.12 Td (1) Tj ET Q q 0 0 0 rg BT 533.55 428.12 Td (1,120) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 414.12 Td (Property) Tj ET Q q 0 0 0 rg BT 90.52 414.12 Td (, plant and equipment, net) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 414.12 Td (65,108) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 414.12 Td (63,355) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 400.12 Td (Goodwill and other intangibles, net) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 400.12 Td (82,856) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 400.12 Td (83,020) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 386.12 Td (T) Tj ET Q q 0 0 0 rg BT 59.33 386.12 Td (otal assets) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 386.12 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 386.12 Td (715,215) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 386.12 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 386.12 Td (674,780) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 53.00 367.15 Td (LIABILITIES ) Tj ET Q q 0 0 0 rg BT 123.01 367.15 Td (AND ST) Tj ET Q q 0 0 0 rg BT 162.85 367.15 Td (OCKHOLDERS' EQUITY) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 351.17 Td (Current liabilities:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 336.12 Td (Accounts payable) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 336.12 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 336.12 Td (25,676) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 336.12 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 336.12 Td (23,785) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 322.12 Td (Accrued liabilities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 322.12 Td (130,083) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 322.12 Td (126,500) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 308.12 Td (Current portion of securitized financings and other) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 308.12 Td (40,969) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 308.12 Td (26,044) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 294.12 Td (T) Tj ET Q q 0 0 0 rg BT 59.33 294.12 Td (otal current liabilities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 294.12 Td (196,728) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 294.12 Td (176,329) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 280.12 Td (Securitized financings and other) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 280.12 Td (15,159) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 280.12 Td (33,768) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 266.12 Td (Deferred income taxes) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 266.12 Td (8,580) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 266.12 Td (7,577) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 242.17 Td (Stockholders' equity:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 227.12 Td (Preferred stock, $.01 par value; 1,000,000 shares authorized; No shares) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 80.00 216.12 Td (issued or outstanding) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 216.17 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 216.17 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 200.17 Td (Common stock, $.01 par value; 40,000,000 shares authorized; Outstanding) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 80.00 189.17 Td (9,097,359 and 9,044,858 shares, respectively) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 189.17 Td (91) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 189.17 Td (90) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 174.12 Td (Additional paid-in capital) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 174.12 Td (248,138) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 174.12 Td (246,197) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 160.12 Td (Retained earnings) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 160.12 Td (246,723) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 160.12 Td (209,381) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 146.12 Td (Accumulated other comprehensive income \(loss\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 459.10 146.12 Td (\(204) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 146.12 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 146.12 Td (1,438) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 132.12 Td (T) Tj ET Q q 0 0 0 rg BT 59.33 132.12 Td (otal stockholders' equity) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 132.12 Td (494,748) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 132.12 Td (457,106) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 118.12 Td (T) Tj ET Q q 0 0 0 rg BT 58.95 118.12 Td (otal liabilities and stockholders' equity) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 118.12 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 118.12 Td (715,215) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 118.12 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 118.12 Td (674,780) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 167.00 95.55 Td (See accompanying Notes to Consolidated Financial Statements) Tj ET Q endstream endobj 9 0 obj <>] /Rotate 0 /Contents 10 0 R>> endobj 10 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (2) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 237.30 741.60 Td (CA) Tj ET Q q 0 0 0 rg BT 251.77 741.60 Td (VCO INDUSTRIES, INC.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 139.65 728.40 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 205.46 728.40 Td (TED ST) Tj ET Q q 0 0 0 rg BT 243.46 728.40 Td (A) Tj ET Q q 0 0 0 rg BT 250.59 728.40 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 322.00 728.40 Td ( COMPREHENSIVE INCOME) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 191.45 715.20 Td (\(Dollars in thousands, except per) Tj ET Q q 0 0 0 rg BT 345.56 715.20 Td ( shar) Tj ET Q q 0 0 0 rg BT 368.89 715.20 Td (e amounts\)) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 277.55 702.00 Td (\(Unaudited\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 634.30 216.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 634.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 634.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 634.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 634.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 634.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 634.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 634.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 602.30 216.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 602.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 602.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 602.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 602.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 602.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 602.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 602.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 570.30 216.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 570.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 570.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 570.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 570.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 570.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 570.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 570.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 538.30 216.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 538.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 538.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 538.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 538.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 538.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 538.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 538.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 506.30 216.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 506.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 506.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 506.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 506.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 506.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 506.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 506.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 474.30 216.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 474.30 71.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 474.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 474.30 71.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 474.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 474.30 71.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 474.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 474.30 71.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 444.30 216.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 444.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 444.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 444.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 444.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 444.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 444.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 444.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 402.30 216.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 402.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 402.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 402.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 402.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 402.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 402.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 402.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 362.30 216.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 362.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 362.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 362.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 362.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 362.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 362.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 362.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 330.30 216.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 330.30 71.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 330.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 330.30 71.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 330.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 330.30 71.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 330.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 330.30 71.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 300.30 216.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 300.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 300.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 300.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 300.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 300.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 300.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 300.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 268.30 216.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 268.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 268.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 268.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 268.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 268.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 268.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 268.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 236.30 216.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 236.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 236.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 236.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 236.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 236.30 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 236.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 236.30 71.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 662.3 m 337.5 662.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 662.3 m 341.5 662.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 662.3 m 412.5 662.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 662.3 m 487.5 662.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 662.3 m 491.5 662.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 662.3 m 562.5 662.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 634.3 m 337.5 634.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 634.3 m 412.5 634.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 634.3 m 487.5 634.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 634.3 m 562.5 634.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 602.3 m 337.5 602.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 602.3 m 412.5 602.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 602.3 m 487.5 602.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 602.3 m 562.5 602.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 570.3 m 337.5 570.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 570.3 m 412.5 570.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 570.3 m 487.5 570.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 570.3 m 562.5 570.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 522.3 m 337.5 522.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 522.3 m 412.5 522.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 522.3 m 487.5 522.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 522.3 m 562.5 522.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 490.29999999999995 m 337.5 490.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 475.29999999999995 m 337.5 475.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 473.29999999999995 m 337.5 473.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 490.29999999999995 m 412.5 490.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 475.29999999999995 m 412.5 475.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 473.29999999999995 m 412.5 473.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 490.29999999999995 m 487.5 490.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 475.29999999999995 m 487.5 475.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 473.29999999999995 m 487.5 473.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 490.29999999999995 m 562.5 490.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 475.29999999999995 m 562.5 475.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 473.29999999999995 m 562.5 473.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 346.29999999999995 m 337.5 346.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 331.29999999999995 m 337.5 331.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 329.29999999999995 m 337.5 329.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 346.29999999999995 m 412.5 346.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 331.29999999999995 m 412.5 331.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 329.29999999999995 m 412.5 329.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 346.29999999999995 m 487.5 346.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 331.29999999999995 m 487.5 331.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 329.29999999999995 m 487.5 329.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 346.29999999999995 m 562.5 346.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 331.29999999999995 m 562.5 331.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 329.29999999999995 m 562.5 329.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 285.29999999999995 m 337.5 285.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 283.29999999999995 m 337.5 283.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 285.29999999999995 m 412.5 285.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 283.29999999999995 m 412.5 283.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 285.29999999999995 m 487.5 285.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 283.29999999999995 m 487.5 283.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 285.29999999999995 m 562.5 285.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 283.29999999999995 m 562.5 283.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 269.29999999999995 m 337.5 269.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 267.29999999999995 m 337.5 267.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 269.29999999999995 m 412.5 269.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 267.29999999999995 m 412.5 267.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 269.29999999999995 m 487.5 269.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 267.29999999999995 m 487.5 267.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 269.29999999999995 m 562.5 269.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 267.29999999999995 m 562.5 267.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 237.29999999999995 m 337.5 237.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 235.29999999999995 m 337.5 235.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 237.29999999999995 m 412.5 237.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 235.29999999999995 m 412.5 235.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 237.29999999999995 m 487.5 237.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 235.29999999999995 m 487.5 235.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 237.29999999999995 m 562.5 237.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 235.29999999999995 m 562.5 235.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 221.29999999999995 m 337.5 221.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 219.29999999999995 m 337.5 219.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 221.29999999999995 m 412.5 221.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 219.29999999999995 m 412.5 219.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 221.29999999999995 m 487.5 221.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 219.29999999999995 m 487.5 219.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 221.29999999999995 m 562.5 221.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 219.29999999999995 m 562.5 219.29999999999995 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 292.55 667.22 Td (Three Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 448.05 667.22 Td (Six Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.70 650.22 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 290.50 639.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 344.70 650.22 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 365.50 639.22 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 419.70 650.22 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 440.50 639.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 494.70 650.22 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 515.50 639.22 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 623.22 Td (Net revenue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.00 623.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 297.55 623.22 Td (241,530) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 344.00 623.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 372.55 623.22 Td (200,507) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 419.00 623.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 447.55 623.22 Td (487,933) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 494.00 623.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 623.22 Td (407,323) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 607.22 Td (Cost of sales) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 297.55 607.22 Td (192,1) Tj ET Q q 0 0 0 rg BT 322.30 607.22 Td (14) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 372.55 607.22 Td (165,953) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 447.55 607.22 Td (387,041) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 607.22 Td (330,803) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 591.22 Td (Gross profit) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.05 591.22 Td (49,416) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 378.05 591.22 Td (34,554) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 447.55 591.22 Td (100,892) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 591.22 Td (76,520) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 575.22 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.05 575.22 Td (30,035) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 378.05 575.22 Td (26,153) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 453.05 575.22 Td (59,248) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 575.22 Td (52,458) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 559.22 Td (Income from operations) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.05 559.22 Td (19,381) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 383.55 559.22 Td (8,401) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 453.05 559.22 Td (41,644) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 559.22 Td (24,062) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 543.22 Td (Interest expense) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 313.10 543.22 Td (\(941) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 333.30 543.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 379.85 543.22 Td (\(1,021) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 408.30 543.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.85 543.22 Td (\(1,913) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 483.30 543.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 529.85 543.22 Td (\(2,069) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 543.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 527.22 Td (Other income, net) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 308.55 527.22 Td (1,077) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 383.55 527.22 Td (1,1) Tj ET Q q 0 0 0 rg BT 397.30 527.22 Td (19) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 458.55 527.22 Td (3,922) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 527.22 Td (2,157) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 511.22 Td (Income before income taxes) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.05 511.22 Td (19,517) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 383.55 511.22 Td (8,499) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 453.05 511.22 Td (43,653) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 511.22 Td (24,150) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 495.22 Td (Income tax expense) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 304.85 495.22 Td (\(3,941) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 333.30 495.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 379.85 495.22 Td (\(2,317) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 408.30 495.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.85 495.22 Td (\(8,386) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 483.30 495.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 529.85 495.22 Td (\(6,215) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 495.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 479.22 Td (Net income) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.00 479.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.05 479.22 Td (15,576) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 344.00 479.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 383.55 479.22 Td (6,182) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 419.00 479.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 453.05 479.22 Td (35,267) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 494.00 479.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 479.22 Td (17,935) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 449.22 Td (Comprehensive income:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 433.22 Td (Net income) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.00 433.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.05 433.22 Td (15,576) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 344.00 433.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 383.55 433.22 Td (6,182) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 419.00 433.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 453.05 433.22 Td (35,267) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 494.00 433.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 433.22 Td (17,935) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 418.17 Td (Reclassification adjustment for net losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 80.00 407.17 Td (\(gains\) realized in income) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 322.30 407.22 Td (24) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 388.10 407.22 Td (\(383) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 408.30 407.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 472.30 407.22 Td (24) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 538.10 407.22 Td (\(459) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 407.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 391.22 Td (Applicable income taxes) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 324.10 391.22 Td (\(5) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 333.30 391.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 391.80 391.22 Td (134) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 474.10 391.22 Td (\(5) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 483.30 391.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 391.22 Td (161) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 376.17 Td (Net change in unrealized position of) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 80.00 365.22 Td (investments) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.60 367.22 Td (\(57) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 333.30 367.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 383.55 367.22 Td (2,275) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.60 367.22 Td (\(51) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 483.30 367.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 367.22 Td (1,442) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 351.22 Td (Applicable income taxes) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 322.30 351.22 Td (12) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 388.10 351.22 Td (\(867) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 408.30 351.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 472.30 351.22 Td (1) Tj ET Q q 0 0 0 rg BT 477.80 351.22 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 538.10 351.22 Td (\(540) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 351.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 335.22 Td (Comprehensive income) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.00 335.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.05 335.22 Td (15,550) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 344.00 335.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 383.55 335.22 Td (7,341) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 419.00 335.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 453.05 335.22 Td (35,246) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 494.00 335.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 335.22 Td (18,539) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 305.22 Td (Net income per share:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 289.22 Td (Basic) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.00 289.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 314.05 289.22 Td (1.72) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 344.00 289.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.05 289.22 Td (0.69) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 419.00 289.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 464.05 289.22 Td (3.89) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 494.00 289.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 539.05 289.22 Td (1.99) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 273.22 Td (Diluted) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.00 273.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 314.05 273.22 Td (1.67) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 344.00 273.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.05 273.22 Td (0.67) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 419.00 273.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 464.05 273.22 Td (3.80) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 494.00 273.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 539.05 273.22 Td (1.96) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 257.22 Td (W) Tj ET Q q 0 0 0 rg BT 62.50 257.22 Td (eighted average shares outstanding:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 241.22 Td (Basic) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 289.25 241.22 Td (9,079,679) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 364.25 241.22 Td (9,020,834) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 439.25 241.22 Td (9,064,007) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 514.25 241.22 Td (9,013,917) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 225.22 Td (Diluted) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 289.25 225.22 Td (9,304,188) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 364.25 225.22 Td (9,181,899) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 439.25 225.22 Td (9,287,730) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 514.25 225.22 Td (9,171,515) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 167.00 185.40 Td (See accompanying Notes to Consolidated Financial Statements) Tj ET Q endstream endobj 11 0 obj <>] /Rotate 0 /Contents 12 0 R>> endobj 12 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 29.60 Td (3) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 240.45 743.90 Td (CA) Tj ET Q q 0 0 0 rg BT 254.26 743.90 Td (VCO INDUSTRIES, INC.) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 182.75 731.30 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 245.57 731.30 Td (TED ST) Tj ET Q q 0 0 0 rg BT 281.85 731.30 Td (A) Tj ET Q q 0 0 0 rg BT 288.65 731.30 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 356.81 731.30 Td ( CASH FLOWS) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 256.40 718.70 Td (\(Dollars in thousands\)) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 278.85 706.10 Td (\(Unaudited\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 657.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 657.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 657.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 657.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 629.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 629.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 629.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 629.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 601.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 601.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 601.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 601.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 573.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 573.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 573.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 573.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 545.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 545.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 545.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 545.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 517.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 517.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 517.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 517.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 489.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 489.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 489.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 489.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 461.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 461.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 461.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 461.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 433.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 433.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 433.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 433.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 405.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 405.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 405.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 405.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 377.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 377.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 377.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 377.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 349.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 349.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 349.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 349.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 321.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 321.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 321.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 321.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 293.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 293.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 293.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 293.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 265.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 265.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 265.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 265.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 237.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 237.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 237.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 237.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 209.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 209.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 209.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 209.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 181.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 181.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 181.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 181.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 153.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 153.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 153.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 153.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 40.50 125.60 390.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 125.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 125.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 125.60 68.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 681.6 m 498.5 681.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 681.6 m 502.5 681.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 681.6 m 570.5 681.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 681.6 m 498.5 681.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 657.6 m 498.5 657.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 681.6 m 502.5 681.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 681.6 m 570.5 681.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 657.6 m 570.5 657.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 391.6 m 498.5 391.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 391.6 m 570.5 391.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 377.6 m 498.5 377.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 377.6 m 570.5 377.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 293.6 m 498.5 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 279.6 m 498.5 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 293.6 m 570.5 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 279.6 m 570.5 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 223.60000000000002 m 498.5 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 209.60000000000002 m 498.5 209.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 223.60000000000002 m 570.5 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 209.60000000000002 m 570.5 209.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 181.60000000000002 m 498.5 181.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 181.60000000000002 m 570.5 181.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 168.60000000000002 m 498.5 168.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 166.60000000000002 m 498.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 168.60000000000002 m 570.5 168.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 166.60000000000002 m 570.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 140.60000000000002 m 498.5 140.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 138.60000000000002 m 498.5 138.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 140.60000000000002 m 570.5 140.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 138.60000000000002 m 570.5 138.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 126.60000000000002 m 498.5 126.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 124.60000000000002 m 498.5 124.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 126.60000000000002 m 570.5 126.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 124.60000000000002 m 570.5 124.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 124.60000000000002 m 498.5 124.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 126.60000000000002 m 498.5 126.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 112.60000000000002 m 498.5 112.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 110.60000000000002 m 498.5 110.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 124.60000000000002 m 570.5 124.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 126.60000000000002 m 570.5 126.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 112.60000000000002 m 570.5 112.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 110.60000000000002 m 570.5 110.60000000000002 l s BT /F1 9.50 Tf ET q 0 0 0 rg BT 464.60 686.16 Td (Six Months Ended) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 436.55 671.66 Td (September 29,) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 454.50 662.16 Td (2018) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 508.55 671.66 Td (September 30,) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 526.50 662.16 Td (2017) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 43.00 648.16 Td (OPERA) Tj ET Q q 0 0 0 rg BT 73.62 648.16 Td (TING ) Tj ET Q q 0 0 0 rg BT 97.89 648.16 Td (ACTIVITIES) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 55.00 634.16 Td (Net income) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 433.00 634.16 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 468.65 634.16 Td (35,267) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 505.00 634.16 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 540.65 634.16 Td (17,935) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 55.00 620.16 Td (Adjustments to reconcile net income to net cash provided by operating activities:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 73.00 606.16 Td (Depreciation and amortization) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 473.40 606.16 Td (2,274) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 545.40 606.16 Td (1,950) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 73.00 592.16 Td (Provision for credit losses) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 480.55 592.16 Td (459) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 552.55 592.16 Td (676) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 73.00 578.16 Td (Deferred income taxes) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 480.55 578.16 Td (863) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 542.25 578.16 Td (\(1,267) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 566.80 578.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 73.00 564.16 Td (Stock-based compensation expense) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 473.40 564.16 Td (2,1) Tj ET Q q 0 0 0 rg BT 485.27 564.16 Td (15) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 545.40 564.16 Td (1,535) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 73.00 550.16 Td (Non-cash interest income, net) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 477.35 550.16 Td (\(409) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 494.80 550.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.35 550.21 Td (\(526) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 566.80 550.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 73.00 536.16 Td (Gain on sale of property) Tj ET Q q 0 0 0 rg BT 165.03 536.16 Td (, plant and equipment, net) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 482.10 536.16 Td (\(51) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 494.80 536.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 554.10 536.21 Td (\(88) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 566.80 536.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 73.00 522.16 Td (Gain on investments and sale of loans, net) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 470.25 522.16 Td (\(5,457) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 494.80 522.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 542.25 522.16 Td (\(5,047) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 566.80 522.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 73.00 508.16 Td (Changes in operating assets and liabilities:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 97.00 494.16 Td (Accounts receivable) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 470.25 494.16 Td (\(3,057) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 494.80 494.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 542.25 494.16 Td (\(5,512) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 566.80 494.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 97.00 480.16 Td (Consumer loans receivable originated) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 465.50 480.16 Td (\(64,479) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 494.80 480.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 537.50 480.16 Td (\(66,273) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 566.80 480.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 97.00 466.16 Td (Proceeds from sales of consumer loans) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 468.65 466.16 Td (62,245) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 540.65 466.16 Td (59,243) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 97.00 452.16 Td (Principal payments on consumer loans receivable) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 473.40 452.16 Td (6,522) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 545.40 452.16 Td (7,540) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 97.00 438.16 Td (Inventories) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 470.25 438.16 Td (\(2,350) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 494.80 438.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 542.25 438.16 Td (\(5,733) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 566.80 438.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 97.00 424.16 Td (Prepaid expenses and other current assets) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 470.25 424.16 Td (\(4,703) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 494.80 424.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 537.50 424.16 Td (\(12,448) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 566.80 424.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 97.00 410.16 Td (Commercial loans receivable) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 465.50 410.16 Td (\(17,321) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 494.80 410.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 542.25 410.16 Td (\(5,355) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 566.80 410.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 97.00 396.16 Td (Accounts payable and accrued liabilities) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 473.40 396.16 Td (5,890) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 540.65 396.16 Td (22,055) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 55.00 382.16 Td (Net cash provided by operating activities) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 468.65 382.16 Td (17,808) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 545.40 382.16 Td (8,685) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 43.00 368.16 Td (INVESTING ) Tj ET Q q 0 0 0 rg BT 95.77 368.16 Td (ACTIVITIES) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 73.00 354.16 Td (Purchases of property) Tj ET Q q 0 0 0 rg BT 155.53 354.16 Td (, plant and equipment) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 470.25 354.16 Td (\(3,876) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 494.80 354.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 542.25 354.16 Td (\(1,779) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 566.80 354.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 73.00 340.16 Td (Payments for Lexington Homes, net) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 485.30 340.16 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.35 340.21 Td (\(564) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 566.80 340.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 73.00 326.16 Td (Proceeds from sale of property) Tj ET Q q 0 0 0 rg BT 189.82 326.16 Td (, plant and equipment) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 485.30 326.16 Td (64) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 552.55 326.16 Td (41) Tj ET Q q 0 0 0 rg BT 562.05 326.16 Td (1) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 73.00 312.16 Td (Purchases of investments) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 470.25 312.16 Td (\(4,042) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 494.80 312.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 542.25 312.16 Td (\(5,162) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 566.80 312.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 73.00 298.16 Td (Proceeds from sale of investments) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 473.40 298.16 Td (4,684) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 545.40 298.16 Td (4,925) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 55.00 284.16 Td (Net cash used in investing activities) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 470.25 284.16 Td (\(3,170) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 494.80 284.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 542.25 284.16 Td (\(2,169) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 566.80 284.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 43.00 270.16 Td (FINANCING ) Tj ET Q q 0 0 0 rg BT 97.36 270.16 Td (ACTIVITIES) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 73.00 256.16 Td (Payments from exercise of stock options) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 477.35 256.16 Td (\(173) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 494.80 256.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 542.25 256.16 Td (\(1,583) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 566.80 256.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 73.00 242.16 Td (Proceeds from secured financings and other) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 480.55 242.16 Td (226) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 545.40 242.16 Td (4,963) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 73.00 228.16 Td (Payments on securitized financings) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 470.25 228.16 Td (\(4,254) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 494.80 228.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 542.25 228.16 Td (\(4,322) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 566.80 228.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 55.00 214.16 Td (Net cash used in financing activities) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 470.25 214.16 Td (\(4,201) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 494.80 214.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.35 214.21 Td (\(942) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 566.80 214.16 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 43.00 200.16 Td (Net increase in cash, cash equivalents and restricted cash) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 468.65 200.16 Td (10,437) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 545.40 200.16 Td (5,574) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 43.00 186.16 Td (Cash, cash equivalents and restricted cash at beginning of the period) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 463.90 186.16 Td (199,258) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 535.90 186.16 Td (144,839) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 43.00 172.16 Td (Cash, cash equivalents and restricted cash at end of the period) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 433.00 172.16 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 463.90 172.16 Td (209,695) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 505.00 172.16 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 535.90 172.16 Td (150,413) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 43.00 158.16 Td (Supplemental disclosures of cash flow information:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 55.00 144.16 Td (Cash paid for income taxes) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 433.00 144.16 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 468.65 144.16 Td (12,381) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 505.00 144.16 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 545.40 144.16 Td (7,861) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 55.00 130.16 Td (Cash paid for interest) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 433.00 130.16 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 473.40 130.16 Td (1,300) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 505.00 130.16 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 545.40 130.16 Td (1,508) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 55.00 116.16 Td (Assets acquired under capital lease) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 433.00 116.16 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 485.30 116.16 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 505.00 116.16 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 545.40 116.16 Td (1,749) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.50 Tf ET q 0 0 0 rg BT 173.30 99.50 Td (See accompanying Notes to Consolidated Financial Statements) Tj ET Q endstream endobj 13 0 obj <>] /Rotate 0 /Contents 14 0 R>> endobj 14 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (4) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 237.30 741.60 Td (CA) Tj ET Q q 0 0 0 rg BT 251.77 741.60 Td (VCO INDUSTRIES, INC.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 162.25 728.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 202.09 728.40 Td (T) Tj ET Q q 0 0 0 rg BT 209.23 728.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 286.34 728.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 373.44 728.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 388.83 728.40 Td (A) Tj ET Q q 0 0 0 rg BT 395.96 728.40 Td (TEMENTS) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 710.15 Td (1. Basis of Pr) Tj ET Q q 0 0 0 rg BT 111.52 710.15 Td (esentation) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 687.95 Td (The accompanying unaudited Consolidated Financial Statements of Cavco Industries, Inc., and its subsidiaries ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 674.75 Td (\(collectively) Tj ET Q q 0 0 0 rg BT 104.26 674.75 Td (, the "Company" or "Cavco"\), have been prepared pursuant to the rules and regulations of the Securities ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 661.55 Td (and Exchange Commission \("SEC"\) for Quarterly Reports on Form 10-Q and ) Tj ET Q q 0 0 0 rg BT 393.51 661.55 Td (Article 10 of SEC Regulation S-X. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 648.35 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 104.27 648.35 Td (, certain information and footnote disclosures normally included in financial statements prepared in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 635.15 Td (accordance with U.S. generally accepted accounting principles \("GAAP"\) have been condensed or omitted pursuant ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 621.95 Td (to such rules and regulations.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 599.75 Td (In the opinion of management, these statements include all of the normal recurring adjustments necessary to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 586.55 Td (fairly state the Company's Consolidated Financial Statements. Certain prior period amounts have been reclassified ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 573.35 Td (to conform to current period classification. ) Tj ET Q q 0 0 0 rg BT 240.71 573.35 Td (The Company has evaluated subsequent events after the balance sheet ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 560.20 Td (date through the date of the filing of this report with the SEC; and except for the events set forth in the Notes to the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 547.00 Td (Consolidated Financial Statements \("Notes"\) 16 and 22 and Part II, Item 5, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 382.19 547.00 Td (Other Information) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 463.16 547.00 Td (,) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 465.91 547.00 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.66 547.00 Td (of the Company's ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 533.80 Td (Quarterly Report on Form 10-Q for the period ended September 29, 2018 \("Form 10-Q"\), there were no disclosable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 520.60 Td (subsequent events. ) Tj ET Q q 0 0 0 rg BT 135.04 520.60 Td (These Consolidated Financial Statements should be read in conjunction with the audited ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 507.40 Td (Consolidated Financial Statements and the Notes included in the Company's ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 388.65 507.40 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 410.65 507.40 Td ( ) Tj ET Q q 0 0 0 rg BT 412.79 507.40 Td (Annual Report on Form 10-K for ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 494.20 Td (the year ended ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 116.88 494.20 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 186.84 494.20 Td (, filed with the SEC on ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 290.42 494.20 Td (May30, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 351.83 494.20 Td ( \("Form 10-K"\).) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 472.00 Td (The preparation of financial statements in conformity with GAAP) Tj ET Q q 0 0 0 rg BT 357.79 472.00 Td ( requires management to make estimates and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 458.80 Td (assumptions that af) Tj ET Q q 0 0 0 rg BT 134.73 458.80 Td (fect the amounts reported in the Consolidated Financial Statements and the accompanying ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 445.60 Td (Notes. ) Tj ET Q q 0 0 0 rg BT 80.56 445.60 Td (Actual results could dif) Tj ET Q q 0 0 0 rg BT 183.31 445.60 Td (fer from those estimates. ) Tj ET Q q 0 0 0 rg BT 294.60 445.60 Td (The Consolidated Statements of Comprehensive Income and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 432.40 Td (Consolidated Statements of Cash Flows for the interim periods are not necessarily indicative of the results or cash ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 419.20 Td (flows for the full year) Tj ET Q q 0 0 0 rg BT 145.30 419.20 Td (. ) Tj ET Q q 0 0 0 rg BT 150.61 419.20 Td (The Company operates on a 52-53 week fiscal year ending on the Saturday nearest to March ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 406.00 Td (31 of each year) Tj ET Q q 0 0 0 rg BT 116.88 406.00 Td (. Each fiscal quarter consists of 13 weeks, with an occasional fourth quarter extending to 14 weeks, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 392.80 Td (if necessary) Tj ET Q q 0 0 0 rg BT 101.51 392.80 Td (, for the fiscal year to end on the Saturday nearest to March 31. ) Tj ET Q q 0 0 0 rg BT 381.71 392.80 Td (The Company's current fiscal year will ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 379.60 Td (end on ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 82.38 379.60 Td (March30, 2019) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 152.34 379.60 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 357.40 Td (The Company operates principally in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.48 357.40 Td (two) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 250.98 357.40 Td ( segments: \(1\) factory-built housing, which includes wholesale and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 344.20 Td (retail systems-built housing operations, and \(2\) financial services, which includes manufactured housing consumer ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 331.00 Td (finance and insurance. ) Tj ET Q q 0 0 0 rg BT 151.20 331.00 Td (The Company designs and builds a wide variety of af) Tj ET Q q 0 0 0 rg BT 385.91 331.00 Td (fordable manufactured homes, modular ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 317.80 Td (homes and park model R) Tj ET Q q 0 0 0 rg BT 159.10 317.80 Td (Vs in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 185.38 317.80 Td (20) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 196.38 317.80 Td ( factories located throughout the United States, which are sold to a network of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 304.60 Td (independent retailers, through the Company's ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 252.38 304.60 Td (38) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 263.38 304.60 Td ( Company-owned retail stores and to community owners and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 291.40 Td (developers. Our financial services group is comprised of a mortgage subsidiary) Tj ET Q q 0 0 0 rg BT 397.82 291.40 Td (, CountryPlace ) Tj ET Q q 0 0 0 rg BT 465.34 291.40 Td (Acceptance Corp. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 278.20 Td (\("CountryPlace"\), and an insurance subsidiary) Tj ET Q q 0 0 0 rg BT 252.85 278.20 Td (, Standard Casualty Co. \("Standard Casualty"\). CountryPlace is an ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 265.00 Td (approved Federal National Mortgage ) Tj ET Q q 0 0 0 rg BT 214.95 265.00 Td (Association \("FNMA" or "Fannie Mae"\) and Federal Home Loan Mortgage ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 251.80 Td (Corporation \("FHLMC" or "Freddie Mac"\) seller/servicer) Tj ET Q q 0 0 0 rg BT 303.65 251.80 Td (, and a Government National Mortgage ) Tj ET Q q 0 0 0 rg BT 478.68 251.80 Td (Association ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 238.60 Td (\("GNMA" or "Ginnie Mae"\) mortgage-backed securities issuer which of) Tj ET Q q 0 0 0 rg BT 368.95 238.60 Td (fers conforming mortgages, non-) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 225.40 Td (conforming mortgages and home-only loans to purchasers of factory-built homes. Standard Casualty provides ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 212.20 Td (property and casualty insurance to owners of manufactured homes.) Tj ET Q endstream endobj 15 0 obj <> endobj 16 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (5) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 741.40 Td (Adoption of New ) Tj ET Q q 0 0 0 rg BT 126.50 741.40 Td (Accounting Standar) Tj ET Q q 0 0 0 rg BT 213.77 741.40 Td (ds.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 719.20 Td (In May 2014, the Financial ) Tj ET Q q 0 0 0 rg BT 189.59 719.20 Td (Accounting Standards Board \("F) Tj ET Q q 0 0 0 rg BT 332.88 719.20 Td (ASB"\) issued ) Tj ET Q q 0 0 0 rg BT 394.83 719.20 Td (Accounting Standards Update ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 706.00 Td (\("ASU"\) No. 2014-09, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 152.17 706.00 Td (Revenue fr) Tj ET Q q 0 0 0 rg BT 199.10 706.00 Td (om Contracts with Customers \(T) Tj ET Q q 0 0 0 rg BT 341.71 706.00 Td (opic 606\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 383.57 706.00 Td ( \("ASC 606"\), which requires entities to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 692.80 Td (recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 679.60 Td (consideration to which the entity expects to be entitled in exchange for those goods or services. ) Tj ET Q q 0 0 0 rg BT 471.65 679.60 Td (W) Tj ET Q q 0 0 0 rg BT 481.15 679.60 Td (e adopted ) Tj ET Q q 0 0 0 rg BT 525.75 679.60 Td (ASC ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 666.40 Td (606 using the modified retrospective method for contracts that were not completed as of ) Tj ET Q q 0 0 0 rg BT 439.77 666.40 Td (April 1, 2018, and recorded ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 653.20 Td (a reduction of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 113.84 653.20 Td ($600,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 155.09 653.20 Td ( to accrued liabilities and a corresponding increase to retained earnings related to gross ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 640.00 Td (mar) Tj ET Q q 0 0 0 rg BT 66.90 640.00 Td (gin on home sales that were previously deferred for the cumulative ef) Tj ET Q q 0 0 0 rg BT 372.45 640.00 Td (fect of the adoption. Prior periods were not ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 626.80 Td (restated. ) Tj ET Q q 0 0 0 rg BT 89.50 626.80 Td (There were no significant changes to processes or internal controls as a result of the adoption of ) Tj ET Q q 0 0 0 rg BT 513.18 626.80 Td (ASC 606. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 613.60 Td (See Note ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 92.76 613.60 Td (2) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 98.26 613.60 Td ( for additional information.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 591.40 Td (In January 2016, the F) Tj ET Q q 0 0 0 rg BT 165.86 591.40 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 219.65 591.40 Td (ASU 2016-01, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 286.57 591.40 Td (Financial Instruments \(Subtopic 825-10\): Recognition and ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 578.20 Td (Measur) Tj ET Q q 0 0 0 rg BT 83.20 578.20 Td (ement of Financial ) Tj ET Q q 0 0 0 rg BT 168.84 578.20 Td (Assets and Financial Liabilities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 308.48 578.20 Td ( \("ASU 2016-01"\). ) Tj ET Q q 0 0 0 rg BT 394.25 578.20 Td (The Company adopted ) Tj ET Q q 0 0 0 rg BT 496.60 578.20 Td (ASU 2016-01 ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 565.00 Td (on ) Tj ET Q q 0 0 0 rg BT 63.14 565.00 Td (April 1, 2018 using the modified retrospective transition method. Upon adoption, we reclassified ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 492.05 565.00 Td ($1.6 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 545.83 565.00 Td ( in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 551.80 Td (gains, net of tax, related to available-for) Tj ET Q q 0 0 0 rg BT 225.70 551.80 Td (-sale equity investment securities from accumulated other comprehensive ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 538.60 Td (income to retained earnings as a cumulative-ef) Tj ET Q q 0 0 0 rg BT 255.05 538.60 Td (fect adjustment. Under the new guidance, these securities will ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 525.40 Td (continue to be measured at fair value; however) Tj ET Q q 0 0 0 rg BT 255.72 525.40 Td (, the changes in unrealized net holding gains and losses will be ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 512.20 Td (reported in earnings. Comparative information continues to be reported under the accounting standards in ef) Tj ET Q q 0 0 0 rg BT 525.40 512.20 Td (fect for ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 499.00 Td (the period. ) Tj ET Q q 0 0 0 rg BT 99.59 499.00 Td (The ef) Tj ET Q q 0 0 0 rg BT 127.79 499.00 Td (fect of the change for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 240.79 499.00 Td (three and six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 452.19 499.00 Td ( was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 474.79 499.00 Td (a decrease) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 520.28 499.00 Td ( of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 485.80 Td ($276,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 91.25 485.80 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 112.63 485.80 Td (an increase) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 161.79 485.80 Td ( of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 176.46 485.80 Td ($1.4 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 230.24 485.80 Td ( to income before income taxes, respectively) Tj ET Q q 0 0 0 rg BT 425.92 485.80 Td (, which is either included in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 472.60 Td (Net revenue or Other income, net on the Consolidated Statements of Comprehensive Income, depending on the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 459.40 Td (nature of the investment.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 437.20 Td (In November 2016, the F) Tj ET Q q 0 0 0 rg BT 178.08 437.20 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 231.87 437.20 Td (ASU 2016-18, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 298.79 437.20 Td (Statement of Cash Flows \(T) Tj ET Q q 0 0 0 rg BT 420.01 437.20 Td (opic 230\): Restricted Cash \(a ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 424.00 Td (consensus of the F) Tj ET Q q 0 0 0 rg BT 130.15 424.00 Td (ASB Emer) Tj ET Q q 0 0 0 rg BT 175.26 424.00 Td (ging Issues T) Tj ET Q q 0 0 0 rg BT 232.31 424.00 Td (ask For) Tj ET Q q 0 0 0 rg BT 265.82 424.00 Td (ce\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 279.24 424.00 Td ( \("ASU 2016-18"\), which requires restricted cash to be included ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 410.80 Td (with cash and cash equivalents when reconciling beginning and ending cash on the statement of cash flows. ) Tj ET Q q 0 0 0 rg BT 526.34 410.80 Td (W) Tj ET Q q 0 0 0 rg BT 535.84 410.80 Td (e ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 397.60 Td (adopted ) Tj ET Q q 0 0 0 rg BT 86.96 397.60 Td (ASU 2016-18 on ) Tj ET Q q 0 0 0 rg BT 164.28 397.60 Td (April 1, 2018 using the retrospective transition method. ) Tj ET Q q 0 0 0 rg BT 410.92 397.60 Td (The comparative information in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 384.40 Td (our Consolidated Statements of Cash Flows has been adjusted accordingly) Tj ET Q q 0 0 0 rg BT 377.09 384.40 Td (. ) Tj ET Q q 0 0 0 rg BT 382.39 384.40 Td (The impact from adoption of this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 371.20 Td (guidance was not material to our Consolidated Statements of Cash Flows. ) Tj ET Q q 0 0 0 rg BT 377.30 371.20 Td (The following table provides a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 358.00 Td (reconciliation of cash, cash equivalents and restricted cash reported within the accompanying Consolidated Balance ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 344.80 Td (Sheets to the combined amounts shown on the Consolidated Statements of Cash Flows \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 307.30 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 307.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 307.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 307.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 275.30 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 275.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 275.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 275.30 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 307.29999999999995 m 483.5 307.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 307.29999999999995 m 562.5 307.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 307.29999999999995 m 483.5 307.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 259.29999999999995 m 483.5 259.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 259.29999999999995 m 562.5 259.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 244.29999999999995 m 483.5 244.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 242.29999999999995 m 483.5 242.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 244.29999999999995 m 562.5 244.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 242.29999999999995 m 562.5 242.29999999999995 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 323.22 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 312.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 492.70 323.22 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 312.22 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 297.17 Td (Cash and cash equivalents) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 296.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 296.22 Td (195,488) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 296.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 296.22 Td (136,788) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 281.17 Td (Restricted cash, current) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 280.22 Td (13,754) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 280.22 Td (12,899) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 265.17 Td (Restricted cash) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.80 264.22 Td (453) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 264.22 Td (726) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 248.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 248.22 Td (209,695) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 248.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 248.22 Td (150,413) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 221.60 Td ( ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 52.75 221.60 Td (Accounting Standar) Tj ET Q q 0 0 0 rg BT 140.02 221.60 Td (ds Issued But Not Y) Tj ET Q q 0 0 0 rg BT 225.19 221.60 Td (et ) Tj ET Q q 0 0 0 rg BT 235.68 221.60 Td (Adopted. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 199.40 Td (In February 2016, the F) Tj ET Q q 0 0 0 rg BT 171.36 199.40 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 225.15 199.40 Td (ASU 2016-02, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 292.07 199.40 Td (Leases) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 322.02 199.40 Td ( ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 324.77 199.40 Td (\(T) Tj ET Q q 0 0 0 rg BT 333.54 199.40 Td (opic 842\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.39 199.40 Td ( \("ASU 2016-02"\). ) Tj ET Q q 0 0 0 rg BT 460.76 199.40 Td (ASU 2016-02 will be ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 186.20 Td (ef) Tj ET Q q 0 0 0 rg BT 58.35 186.20 Td (fective beginning with the first quarter of the Company's fiscal year 2020, with early adoption permitted. ) Tj ET Q q 0 0 0 rg BT 522.00 186.20 Td (The ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 173.00 Td (amendments require balance sheet recognition of leased assets and lease liabilities for most leases, and recognition ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 159.80 Td (of expenses in the income statement in a manner similar to current accounting treatment. In addition, disclosures of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 146.60 Td (key information about leasing arrangements are required. Upon adoption, leases will be recognized and measured at ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 133.40 Td (the beginning of the earliest period presented using a modified retrospective approach. ) Tj ET Q q 0 0 0 rg BT 433.14 133.40 Td (The Company does not plan ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 120.20 Td (to early adopt the guidance and is currently evaluating the ef) Tj ET Q q 0 0 0 rg BT 316.14 120.20 Td (fect ) Tj ET Q q 0 0 0 rg BT 334.77 120.20 Td (ASU 2016-02 will have on the Company's ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 107.00 Td (Consolidated Financial Statements and disclosures.) Tj ET Q endstream endobj 17 0 obj <> endobj 18 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (6) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (In June 2016, the F) Tj ET Q q 0 0 0 rg BT 151.82 741.40 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 205.61 741.40 Td (ASU 2016-13, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 272.53 741.40 Td (Financial Instruments - Cr) Tj ET Q q 0 0 0 rg BT 390.36 741.40 Td (edit Losses \(T) Tj ET Q q 0 0 0 rg BT 450.47 741.40 Td (opic 326\): Measur) Tj ET Q q 0 0 0 rg BT 531.93 741.40 Td (ement ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (of Cr) Tj ET Q q 0 0 0 rg BT 72.52 728.20 Td (edit Losses on Financial Instruments) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 235.07 728.20 Td ( \("ASU 2016-13"\). ) Tj ET Q q 0 0 0 rg BT 320.43 728.20 Td (ASU 2016-13 changes the impairment model for most ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 715.00 Td (financial assets and certain other instruments to base measurement on expected losses through a forward-looking ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 701.80 Td (model rather than a model based on incurred losses. ) Tj ET Q q 0 0 0 rg BT 280.73 701.80 Td (The guidance also requires increased disclosures. ) Tj ET Q q 0 0 0 rg BT 499.74 701.80 Td (ASU 2016-13 ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 688.60 Td (will be ef) Tj ET Q q 0 0 0 rg BT 91.34 688.60 Td (fective beginning with the first quarter of the Company's fiscal year 2021 and is to be applied using a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 675.40 Td (modified retrospective transition method with early adoption permitted. ) Tj ET Q q 0 0 0 rg BT 367.80 675.40 Td (The Company does not plan to early adopt ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 662.20 Td (the guidance and is currently evaluating the ef) Tj ET Q q 0 0 0 rg BT 252.91 662.20 Td (fect ) Tj ET Q q 0 0 0 rg BT 271.54 662.20 Td (ASU 2016-13 will have on the Company's Consolidated ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 649.00 Td (Financial Statements and disclosures.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 626.80 Td (In March 2017, the F) Tj ET Q q 0 0 0 rg BT 160.36 626.80 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 214.15 626.80 Td (ASU 2017-08, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 281.07 626.80 Td (Receivables Nonr) Tj ET Q q 0 0 0 rg BT 371.09 626.80 Td (efundable Fees and Other Costs \(Subtopic ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 613.60 Td (310-20\), Pr) Tj ET Q q 0 0 0 rg BT 100.92 613.60 Td (emium ) Tj ET Q q 0 0 0 rg BT 132.80 613.60 Td (Amortization on Pur) Tj ET Q q 0 0 0 rg BT 222.84 613.60 Td (chased Callable Debt Securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 364.28 613.60 Td ( \("ASU 2017-08"\), which requires the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 600.40 Td (premium on callable debt securities to be amortized to the earliest call date as opposed to the contractual life of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 587.20 Td (security) Tj ET Q q 0 0 0 rg BT 84.11 587.20 Td (. ) Tj ET Q q 0 0 0 rg BT 89.00 587.20 Td (ASU 2017-08 will be ef) Tj ET Q q 0 0 0 rg BT 194.51 587.20 Td (fective beginning with the first quarter of the Company's fiscal year 2020. ) Tj ET Q q 0 0 0 rg BT 522.23 587.20 Td (The ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 574.00 Td (Company is currently evaluating the ef) Tj ET Q q 0 0 0 rg BT 221.17 574.00 Td (fect ) Tj ET Q q 0 0 0 rg BT 239.79 574.00 Td (ASU 2017-08 will have on the Company's Consolidated Financial ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 560.80 Td (Statements and disclosures.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 538.60 Td (From time to time, new accounting pronouncements are issued by the F) Tj ET Q q 0 0 0 rg BT 382.45 538.60 Td (ASB and other regulatory bodies that ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 525.40 Td (are adopted by the Company as of the specified ef) Tj ET Q q 0 0 0 rg BT 270.03 525.40 Td (fective dates. Unless otherwise discussed, management believes ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 512.20 Td (that the impact of recently issued standards, which are not yet ef) Tj ET Q q 0 0 0 rg BT 332.65 512.20 Td (fective, will not have a material impact on the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 499.00 Td (Company's Consolidated Financial Statements upon adoption.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 476.80 Td (For a description of other significant accounting policies used by the Company in the preparation of its ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 463.60 Td (Consolidated Financial Statements, please refer to Note 1 of the Notes to Consolidated Financial Statements on ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 450.40 Td (Form 10-K.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 423.20 Td (2. Revenue fr) Tj ET Q q 0 0 0 rg BT 112.42 423.20 Td (om Contracts with Customers) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 401.00 Td (As discussed in Note 1, we adopted ) Tj ET Q q 0 0 0 rg BT 226.87 401.00 Td (ASC 606 on ) Tj ET Q q 0 0 0 rg BT 283.41 401.00 Td (April 1, 2018. Our revenue recognition practices under ) Tj ET Q q 0 0 0 rg BT 527.16 401.00 Td (ASC ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 387.80 Td (606 do not dif) Tj ET Q q 0 0 0 rg BT 111.83 387.80 Td (fer materially from prior practices. Under ) Tj ET Q q 0 0 0 rg BT 296.61 387.80 Td (ASC 606, revenues are recognized when a good or service ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 374.60 Td (is transferred to a customer) Tj ET Q q 0 0 0 rg BT 169.13 374.60 Td (. ) Tj ET Q q 0 0 0 rg BT 174.02 374.60 Td (A) Tj ET Q q 0 0 0 rg BT 181.36 374.60 Td ( good or service is transferred when, or as, the customer obtains control of that good ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 361.40 Td (or service. Revenues are based on the consideration we expect to receive in connection with our promises to deliver ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 348.20 Td (goods and services to our customers. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 68.00 326.00 Td (Factory-Built Housing Revenue Recognition - Wholesale) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.79 326.00 Td (. Revenue from homes sold to independent retailers is ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 312.80 Td (generally recognized when the home is shipped, at which time title passes to the independent retailer and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 299.60 Td (collectability is reasonably assured. Homes sold to independent retailers are generally either paid upon shipment or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 286.40 Td (floor plan financed by the independent retailer through standard industry financing arrangements, which can include ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 273.20 Td (repurchase agreements. Manufacturing sales financed under repurchase agreements are reduced by a provision for ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 260.00 Td (estimated repurchase obligations \(see Note ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 241.52 260.00 Td (16) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 252.52 260.00 Td (\).) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 237.80 Td (Prior to the adoption of ) Tj ET Q q 0 0 0 rg BT 172.80 237.80 Td (ASC 606, revenue from homes sold under commercial loan programs involving funds ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 224.60 Td (provided by the Company were either deferred until such time that payment for the related commercial loan was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 211.40 Td (received by the Company or recognized when the home was shipped and title transferred, depending on the nature ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 198.20 Td (of the program and borrower) Tj ET Q q 0 0 0 rg BT 176.46 198.20 Td (. Upon adoption of ) Tj ET Q q 0 0 0 rg BT 261.70 198.20 Td (ASC 606, we generally recognize home sales revenue upon ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 185.00 Td (shipment and transfer of title, as it is probable that substantially all of the consideration in exchange for the goods or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 171.80 Td (services transferred to the customer will be collected. One consideration under the guidance requires the evaluation ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 158.60 Td (of the financing component of the related loan program. If it is determined that the interest rate char) Tj ET Q q 0 0 0 rg BT 489.02 158.60 Td (ged under the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 145.40 Td (loan program is less than the market rate, the Company will reduce the transaction price by an amount for deferred ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 132.20 Td (interest. In these cases, interest income will be accrued and recognized over the life of the loan using the ef) Tj ET Q q 0 0 0 rg BT 520.48 132.20 Td (fective ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 119.00 Td (interest method. ) Tj ET Q q 0 0 0 rg BT 123.01 119.00 Td (A) Tj ET Q q 0 0 0 rg BT 130.35 119.00 Td ( significant amount of the Company's loan programs are of) Tj ET Q q 0 0 0 rg BT 389.04 119.00 Td (fered at market rates.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 68.00 96.80 Td (Factory-Built Housing Revenue Recognition - Retail) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 299.24 96.80 Td (. Sales by Company-owned retail locations are generally ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 83.60 Td (recognized when the customer has entered into a legally binding sales contract, the home is delivered and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 70.40 Td (permanently located at the customer's site, accepted by the customer) Tj ET Q q 0 0 0 rg BT 350.26 70.40 Td (, title has transferred and funding is probable. ) Tj ET Q endstream endobj 19 0 obj <> endobj 20 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (7) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (Site Impr) Tj ET Q q 0 0 0 rg BT 108.22 741.40 Td (ovements on Retail Sales. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 223.39 741.40 Td (Under previous guidance, the Company recorded the sales of subcontracted ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (ancillary services, such as preparation of the home site or other exterior enhancements, net of associated costs. Such ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 715.00 Td (services are provided as a convenience to the customer) Tj ET Q q 0 0 0 rg BT 290.68 715.00 Td (. ) Tj ET Q q 0 0 0 rg BT 295.57 715.00 Td (As the Company is involved in the selection of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 701.80 Td (subcontractors, under ) Tj ET Q q 0 0 0 rg BT 146.84 701.80 Td (ASC 606, we have concluded that it is appropriate to recognize the sale of these ancillary ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 688.60 Td (services on a gross basis. ) Tj ET Q q 0 0 0 rg BT 162.84 688.60 Td (The revenues associated with these programs for the three months ended ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 485.09 688.60 Td (September 29, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 675.40 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 675.40 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 93.38 675.40 Td (September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 181.67 675.40 Td ( were ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 208.54 675.40 Td ($6.2 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 262.32 675.40 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 283.71 675.40 Td ($5.0 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 337.49 675.40 Td (, respectively) Tj ET Q q 0 0 0 rg BT 395.42 675.40 Td (. ) Tj ET Q q 0 0 0 rg BT 400.72 675.40 Td (The revenues associated with these ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 662.20 Td (programs for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 126.06 662.20 Td (six months ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 203.05 662.20 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 205.80 662.20 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 294.09 662.20 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 315.48 662.20 Td (September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.77 662.20 Td ( were ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 430.64 662.20 Td ($12.8 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 489.92 662.20 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 511.30 662.20 Td ($10.1 ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 649.00 Td (million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 81.78 649.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 139.71 649.00 Td (.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 68.00 626.80 Td (Additional Items) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 141.02 626.80 Td (. Expected consideration, and therefore revenue, reflects reductions for returns, allowances, and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 613.60 Td (other incentives, some of which may be contingent on future events. ) Tj ET Q q 0 0 0 rg BT 352.73 613.60 Td (Additionally) Tj ET Q q 0 0 0 rg BT 407.62 613.60 Td (, we have a volume rebate ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 600.40 Td (program under which certain sales to retailers, builders and developers can qualify for cash rebates generally based ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 587.20 Td (on the level of sales attained during a twelve-month period. ) Tj ET Q q 0 0 0 rg BT 314.03 587.20 Td (V) Tj ET Q q 0 0 0 rg BT 320.55 587.20 Td (olume rebates are accrued at the time of sale and are ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 574.00 Td (recorded as a reduction of revenue.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 551.80 Td (In customer contracts for retail sales of manufactured homes, consideration includes certain state and local ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 538.60 Td (excise taxes billed to customers when those taxes are levied directly upon us by the taxing authorities. Expected ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 525.40 Td (consideration excludes sales and other taxes collected on behalf of taxing authorities. ) Tj ET Q q 0 0 0 rg BT 427.03 525.40 Td (W) Tj ET Q q 0 0 0 rg BT 436.54 525.40 Td (e elect to treat consideration ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 512.20 Td (for shipping performed as a fulfillment activity) Tj ET Q q 0 0 0 rg BT 256.40 512.20 Td (. ) Tj ET Q q 0 0 0 rg BT 261.70 512.20 Td (Therefore, revenue includes consideration for shipping and other ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 499.00 Td (fulfillment activities performed prior to the customer obtaining control of the goods. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 68.00 476.80 Td (Practical Expedients and Exemptions) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 233.26 476.80 Td (. ) Tj ET Q q 0 0 0 rg BT 238.56 476.80 Td (W) Tj ET Q q 0 0 0 rg BT 248.07 476.80 Td (e generally expense sales commissions when incurred because the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 463.60 Td (amortization period would be one year or less. ) Tj ET Q q 0 0 0 rg BT 256.60 463.60 Td (These costs are recorded within selling, general and administrative ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 450.40 Td (expenses. In addition, we do not disclose the value of unsatisfied performance obligations for contracts with an ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 437.20 Td (expected length of one year or less.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 68.00 415.00 Td (Financial Services Revenue Recognition) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 246.07 415.00 Td (. Financial services revenue is generally not within the scope of ) Tj ET Q q 0 0 0 rg BT 527.71 415.00 Td (ASC ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 401.80 Td (606, with the exception of insurance agency commissions received from third-party insurance companies. ) Tj ET Q q 0 0 0 rg BT 518.07 401.80 Td (The ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 388.60 Td (Company recognizes such revenue upon execution of the insurance policy) Tj ET Q q 0 0 0 rg BT 375.82 388.60 Td (, where the Company has no future or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 375.40 Td (ongoing obligation.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 68.00 353.20 Td (Disaggr) Tj ET Q q 0 0 0 rg BT 103.65 353.20 Td (egation of Revenue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.95 353.20 Td (. ) Tj ET Q q 0 0 0 rg BT 193.25 353.20 Td (The following table summarizes customer contract revenues disaggregated by ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 340.00 Td (reportable segment and the source of the revenue for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 300.45 340.00 Td (three and six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 511.85 340.00 Td ( \(in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 326.80 Td (thousands\). ) Tj ET Q q 0 0 0 rg BT 102.56 326.80 Td (All revenue from customers is recognized at a point in time, either when the customer takes delivery or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 313.60 Td (when a third-party insurance contract is executed, as more fully discussed above. Other items included in our ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 300.40 Td (consolidated revenues are primarily related to financial services, including manufactured housing consumer finance ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 287.20 Td (and insurance, which are not within the scope of ) Tj ET Q q 0 0 0 rg BT 265.05 287.20 Td (ASC 606. See Form 10-K for revenue recognition policies related ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 274.00 Td (to these items.) Tj ET Q endstream endobj 21 0 obj <> endobj 22 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (8) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 706.50 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 706.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 706.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 706.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 674.50 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 674.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 674.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 674.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 642.50 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 642.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 642.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 642.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 610.50 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 610.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 610.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 610.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 569.50 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 569.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 569.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 569.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 537.50 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 537.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 537.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 537.50 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 733.5 m 483.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 733.5 m 487.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 733.5 m 562.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 706.5 m 483.5 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 706.5 m 562.5 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 626.5 m 483.5 626.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 626.5 m 483.5 626.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 610.5 m 483.5 610.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 626.5 m 562.5 626.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 610.5 m 562.5 610.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 553.5 m 483.5 553.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 553.5 m 483.5 553.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 537.5 m 483.5 537.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 553.5 m 562.5 553.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 537.5 m 483.5 537.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 522.5 m 483.5 522.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 520.5 m 483.5 520.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 537.5 m 562.5 537.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 522.5 m 562.5 522.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 520.5 m 562.5 520.5 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 440.85 738.37 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 711.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 414.45 722.42 Td (Three Months) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 431.40 711.42 Td (Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 498.95 722.42 Td (Six Months) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 510.40 711.42 Td (Ended) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 53.00 696.36 Td (Factory-built housing) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 680.37 Td ( U.S. Housing and Urban Development code homes) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 679.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 679.42 Td (184,687) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 679.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 679.42 Td (371,003) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 664.37 Td ( Modular homes) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 663.42 Td (23,901) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 663.42 Td (46,348) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 648.37 Td ( Park model R) Tj ET Q q 0 0 0 rg BT 126.80 648.37 Td (Vs) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 647.42 Td (5,979) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 647.42 Td (17,706) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 632.37 Td ( Other \(1\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 631.42 Td (12,527) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 631.42 Td (24,799) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 53.00 616.36 Td ( Net r) Tj ET Q q 0 0 0 rg BT 94.35 616.36 Td (evenue fr) Tj ET Q q 0 0 0 rg BT 134.56 616.36 Td (om factory-built housing) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 615.42 Td (227,094) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 615.42 Td (459,856) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 53.00 600.36 Td (Financial services) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 584.37 Td ( Insurance agency commissions received from third-party insurance) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 573.37 Td (companies) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.80 574.42 Td (643) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 574.42 Td (1,275) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 559.37 Td ( Other) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 558.42 Td (13,793) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 558.42 Td (26,802) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 53.00 543.36 Td ( Net r) Tj ET Q q 0 0 0 rg BT 94.15 543.36 Td (evenue fr) Tj ET Q q 0 0 0 rg BT 134.36 543.36 Td (om financial services) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 542.42 Td (14,436) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 542.42 Td (28,077) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 527.37 Td (T) Tj ET Q q 0 0 0 rg BT 58.95 527.37 Td (otal Net revenue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 526.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 526.42 Td (241,530) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 526.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 526.42 Td (487,933) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 499.80 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 90.50 499.80 Td (Other factory-built housing revenue from ancillary products and services including used homes, freight ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.50 486.60 Td (and other services.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 68.00 464.45 Td (Impacts on Consolidated Financial Statements) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 273.92 464.45 Td (. ) Tj ET Q q 0 0 0 rg BT 279.22 464.45 Td (The impact to our consolidated financial statements as a result ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 451.25 Td (of ) Tj ET Q q 0 0 0 rg BT 61.31 451.25 Td (ASC 606 implementation are as follows \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 386.70 276.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 386.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 386.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 386.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 386.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 386.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 354.70 276.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 354.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 354.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 354.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 354.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 354.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 322.70 276.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 322.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 322.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 322.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 322.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 322.70 76.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 424.7 m 401.5 424.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 424.7 m 405.5 424.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 424.7 m 481.5 424.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 424.7 m 485.5 424.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 424.7 m 561.5 424.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 424.7 m 401.5 424.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 386.7 m 401.5 386.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 424.7 m 405.5 424.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 424.7 m 481.5 424.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 386.7 m 481.5 386.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 424.7 m 485.5 424.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 424.7 m 561.5 424.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 386.7 m 561.5 386.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 386.7 m 401.5 386.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 386.7 m 481.5 386.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 386.7 m 561.5 386.7 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 398.85 429.62 Td (September 29, 2018) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 52.00 391.60 Td (Consolidated Balance Sheet) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 335.35 391.62 Td (As Reported) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 415.15 391.62 Td (Adjustments) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 505.25 413.62 Td (Balance) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 494.40 402.62 Td (without ) Tj ET Q q 0 0 0 rg BT 530.16 402.62 Td (ASC) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 492.90 391.62 Td (606 ) Tj ET Q q 0 0 0 rg BT 511.54 391.62 Td (Adoption) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.00 376.57 Td (Accrued liabilities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 328.00 375.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 361.55 375.62 Td (130,083) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 408.00 375.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 452.55 375.62 Td (2,007) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 488.00 375.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 521.55 375.62 Td (132,090) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.00 360.57 Td (T) Tj ET Q q 0 0 0 rg BT 58.33 360.57 Td (otal current liabilities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 361.55 359.62 Td (196,728) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 452.55 359.62 Td (2,007) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 521.55 359.62 Td (198,735) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.00 344.57 Td (Deferred income taxes) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 372.55 343.62 Td (8,580) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 457.10 343.62 Td (\(549) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 477.30 343.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 532.55 343.62 Td (8,031) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.00 328.57 Td (Retained earnings) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 361.55 327.62 Td (246,723) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 448.85 327.62 Td (\(1,458) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 477.30 327.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 521.55 327.62 Td (245,265) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.00 312.57 Td (T) Tj ET Q q 0 0 0 rg BT 57.95 312.57 Td (otal stockholders' equity) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 361.55 311.62 Td (494,748) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 448.85 311.62 Td (\(1,458) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 477.30 311.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 521.55 311.62 Td (493,290) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 232.70 276.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 232.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 232.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 232.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 232.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 232.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 200.70 276.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 200.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 200.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 200.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 200.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 200.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 168.70 276.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 168.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 168.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 168.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 168.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 168.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 136.70 276.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 136.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 136.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 136.70 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 136.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 136.70 76.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 268.70000000000005 m 402.5 268.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 268.70000000000005 m 406.5 268.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 268.70000000000005 m 482.5 268.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 268.70000000000005 m 486.5 268.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 268.70000000000005 m 562.5 268.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 232.70000000000005 m 402.5 232.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 232.70000000000005 m 482.5 232.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 232.70000000000005 m 562.5 232.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 232.70000000000005 m 402.5 232.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 232.70000000000005 m 482.5 232.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 232.70000000000005 m 562.5 232.70000000000005 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 273.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 352.00 273.62 Td (Three Months Ended September 29, 2018) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 53.00 237.60 Td (Consolidated Statement of Compr) Tj ET Q q 0 0 0 rg BT 213.21 237.60 Td (ehensive Income) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 336.35 237.62 Td (As Reported) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 416.15 237.62 Td (Adjustments) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 506.25 258.57 Td (Balance) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 495.40 247.57 Td (without ) Tj ET Q q 0 0 0 rg BT 531.16 247.57 Td (ASC) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 493.90 236.57 Td (606 ) Tj ET Q q 0 0 0 rg BT 512.54 236.57 Td (Adoption) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 222.57 Td (Net revenue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 329.00 221.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 362.55 221.62 Td (241,530) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 409.00 221.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.85 221.62 Td (\(9,160) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.30 221.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 489.00 221.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 221.62 Td (232,370) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 206.57 Td (Cost of sales) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 362.55 205.62 Td (192,1) Tj ET Q q 0 0 0 rg BT 387.30 205.62 Td (14) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.85 205.62 Td (\(8,691) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.30 205.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 205.62 Td (183,423) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 190.57 Td (Gross profit) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 368.05 189.62 Td (49,416) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 458.10 189.62 Td (\(469) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.30 189.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 189.62 Td (48,947) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 174.57 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 368.05 173.62 Td (30,035) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 458.10 173.62 Td (\(136) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.30 173.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 173.62 Td (29,899) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 158.57 Td (Income from operations) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 368.05 157.62 Td (19,381) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 458.10 157.62 Td (\(333) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.30 157.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 157.62 Td (19,048) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 142.57 Td (Income before income taxes) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 368.05 141.62 Td (19,517) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 458.10 141.62 Td (\(333) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.30 141.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 141.62 Td (19,184) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 126.57 Td (Income tax expense) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 369.85 125.62 Td (\(3,941) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 398.30 125.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 467.30 125.62 Td (76) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 529.85 125.62 Td (\(3,865) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 125.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 110.57 Td (Net income) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 368.05 109.62 Td (15,576) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 458.10 109.62 Td (\(257) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.30 109.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 109.62 Td (15,319) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 23 0 obj <> endobj 24 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (9) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 696.50 276.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 696.50 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 696.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 696.50 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 696.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 696.50 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 664.50 276.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 664.50 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 664.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 664.50 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 664.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 664.50 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 632.50 276.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 632.50 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 632.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 632.50 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 632.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 632.50 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 600.50 276.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 600.50 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 600.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 600.50 76.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 600.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 600.50 76.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 732.5 m 402.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 732.5 m 406.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 732.5 m 482.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 732.5 m 486.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 732.5 m 562.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 696.5 m 402.5 696.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 696.5 m 482.5 696.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 696.5 m 562.5 696.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 696.5 m 402.5 696.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 696.5 m 482.5 696.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 696.5 m 562.5 696.5 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 737.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 357.50 737.42 Td (Six Months Ended September 29, 2018) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 53.00 701.40 Td (Consolidated Statement of Compr) Tj ET Q q 0 0 0 rg BT 213.21 701.40 Td (ehensive Income) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 336.35 701.42 Td (As Reported) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 416.15 701.42 Td (Adjustments) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 506.25 722.37 Td (Balance) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 495.40 711.37 Td (without ) Tj ET Q q 0 0 0 rg BT 531.16 711.37 Td (ASC) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 493.90 700.37 Td (606 ) Tj ET Q q 0 0 0 rg BT 512.54 700.37 Td (Adoption) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 686.37 Td (Net revenue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 329.00 685.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 362.55 685.42 Td (487,933) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 409.00 685.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 444.35 685.42 Td (\(22,829) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.30 685.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 489.00 685.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 685.42 Td (465,104) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 670.37 Td (Cost of sales) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 362.55 669.42 Td (387,041) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 444.35 669.42 Td (\(21,080) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.30 669.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 669.42 Td (365,961) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 654.37 Td (Gross profit) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 362.55 653.42 Td (100,892) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.85 653.42 Td (\(1,749) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.30 653.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 653.42 Td (99,143) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 638.37 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 368.05 637.42 Td (59,248) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 458.10 637.42 Td (\(444) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.30 637.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 637.42 Td (58,804) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 622.37 Td (Income from operations) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 368.05 621.42 Td (41,644) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.85 621.42 Td (\(1,305) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.30 621.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 621.42 Td (40,339) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 606.37 Td (Income before income taxes) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 368.05 605.42 Td (43,653) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.85 605.42 Td (\(1,305) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.30 605.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 605.42 Td (42,348) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 590.37 Td (Income tax expense) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 369.85 589.42 Td (\(8,386) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 398.30 589.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 461.80 589.42 Td (301) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 529.85 589.42 Td (\(8,085) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 589.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 574.37 Td (Net income) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 368.05 573.42 Td (35,267) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.85 573.42 Td (\(1,004) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.30 573.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 573.42 Td (34,263) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 541.80 Td (3. Restricted Cash) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 519.60 Td (Restricted cash consists of the following \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 482.10 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 482.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 482.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 482.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 439.10 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 439.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 439.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 439.10 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 482.1 m 483.5 482.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 482.1 m 562.5 482.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 423.1 m 483.5 423.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 423.1 m 562.5 423.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 408.1 m 483.5 408.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 406.1 m 483.5 406.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 408.1 m 562.5 408.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 406.1 m 562.5 406.1 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 498.02 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 487.02 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 498.02 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 487.02 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 471.97 Td (Cash related to CountryPlace customer payments to be remitted to third parties) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 471.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 471.02 Td (1) Tj ET Q q 0 0 0 rg BT 454.55 471.02 Td (1,838) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 471.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 471.02 Td (9,180) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 455.97 Td (Cash related to CountryPlace customer payments on securitized loans to be) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 444.97 Td (remitted to bondholders) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.80 444.02 Td (979) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 444.02 Td (1,31) Tj ET Q q 0 0 0 rg BT 552.80 444.02 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 428.97 Td (Other restricted cash) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 428.02 Td (1,390) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 428.02 Td (2,001) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 412.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 412.02 Td (14,207) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 412.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 412.02 Td (12,492) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 385.45 Td (Corresponding amounts are recorded in accounts payable and accrued liabilities for customer payments, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 372.20 Td (deposits and other restricted cash.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 345.00 Td (4. Investments) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 322.80 Td (Investments consist of the following \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 285.30 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 285.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 285.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 285.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 253.30 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 253.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 253.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 253.30 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 285.29999999999995 m 483.5 285.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 285.29999999999995 m 562.5 285.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 237.29999999999995 m 483.5 237.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 237.29999999999995 m 562.5 237.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 237.29999999999995 m 483.5 237.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 222.29999999999995 m 483.5 222.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 220.29999999999995 m 483.5 220.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 237.29999999999995 m 562.5 237.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 222.29999999999995 m 562.5 222.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 220.29999999999995 m 562.5 220.29999999999995 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 301.22 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 290.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 301.22 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 290.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 275.17 Td (A) Tj ET Q q 0 0 0 rg BT 60.13 275.17 Td (vailable-for) Tj ET Q q 0 0 0 rg BT 111.21 275.17 Td (-sale debt securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 274.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 274.22 Td (14,900) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 274.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 274.22 Td (16,181) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 259.17 Td (Marketable equity securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 258.22 Td (12,409) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 258.22 Td (10,405) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 243.17 Td (Non-marketable equity investments) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 242.22 Td (19,302) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 242.22 Td (18,853) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 226.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 226.22 Td (46,61) Tj ET Q q 0 0 0 rg BT 473.80 226.22 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 226.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 226.22 Td (45,439) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 199.60 Td (The Company's investments in marketable equity securities consist of common stock holdings of industrial and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 186.40 Td (other companies.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 164.20 Td (Non-marketable equity investments includes ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 267.17 164.20 Td ($15.0 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 326.45 164.20 Td ( as of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.03 164.20 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 441.32 164.20 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.70 164.20 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 532.66 164.20 Td (, of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 151.00 Td (contributions to equity-method investments in community-based initiatives that buy and sell our homes and provide ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 137.80 Td (home-only financing to residents of certain manufactured home communities. Other non-marketable investments ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 124.60 Td (include investments in other distribution operations.) Tj ET Q endstream endobj 25 0 obj <>] /Rotate 0 /Contents 26 0 R>> endobj 26 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (10) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (The following tables summarize the Company's available-for) Tj ET Q q 0 0 0 rg BT 336.74 741.40 Td (-sale debt securities, gross unrealized gains and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (losses and fair value, aggregated by investment category \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 663.70 200.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 663.70 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 663.70 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 663.70 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 663.70 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 663.70 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 663.70 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 663.70 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 620.70 200.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 620.70 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 620.70 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 620.70 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 620.70 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 620.70 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 620.70 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 620.70 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 577.70 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 577.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 577.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 577.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 577.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 577.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 577.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 577.70 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 701.7 m 325.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 701.7 m 329.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 701.7 m 404.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 701.7 m 408.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 701.7 m 483.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 701.7 m 487.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 701.7 m 562.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 663.7 m 325.5 663.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 663.7 m 404.5 663.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 663.7 m 483.5 663.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 663.7 m 562.5 663.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 577.7 m 325.5 577.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 577.7 m 404.5 577.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 577.7 m 483.5 577.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 577.7 m 562.5 577.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 562.7 m 325.5 562.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 560.7 m 325.5 560.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 562.7 m 404.5 562.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 560.7 m 404.5 560.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 562.7 m 483.5 562.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 560.7 m 483.5 560.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 562.7 m 562.5 562.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 560.7 m 562.5 560.7 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 361.85 706.62 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 263.95 679.62 Td (Amortized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 277.40 668.62 Td (Cost) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.65 690.62 Td (Gross) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 342.35 679.62 Td (Unrealized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.65 668.62 Td (Gains) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 432.65 690.62 Td (Gross) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 421.35 679.62 Td (Unrealized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 430.50 668.62 Td (Losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 515.60 679.62 Td (Fair) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 511.95 668.62 Td (V) Tj ET Q q 0 0 0 rg BT 518.67 668.62 Td (alue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 653.57 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 75.21 653.57 Td (T) Tj ET Q q 0 0 0 rg BT 81.64 653.57 Td (reasury and government debt) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 642.57 Td (securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 641.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 304.80 641.62 Td (300) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 641.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 641.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 641.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 464.60 641.62 Td (\(10) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 641.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 641.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 641.62 Td (290) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 626.57 Td (Residential mortgage-backed securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.55 625.62 Td (7,714) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 625.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 459.10 625.62 Td (\(207) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 625.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 625.62 Td (7,507) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 610.57 Td (State and political subdivision debt) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 599.57 Td (securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.55 598.62 Td (5,499) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 598.62 Td (90) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 459.10 598.62 Td (\(108) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 598.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 598.62 Td (5,481) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 583.57 Td (Corporate debt securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.55 582.62 Td (1,646) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 394.80 582.62 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 464.60 582.62 Td (\(25) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 582.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 582.62 Td (1,622) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 566.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 566.62 Td (15,159) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 566.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 566.62 Td (91) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 566.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 459.10 566.62 Td (\(350) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 566.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 566.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 566.62 Td (14,900) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 484.50 200.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 484.50 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 484.50 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 484.50 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 484.50 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 484.50 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 484.50 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 484.50 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 441.50 200.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 441.50 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 441.50 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 441.50 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 441.50 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 441.50 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 441.50 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 441.50 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 398.50 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 398.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 398.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 398.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 398.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 398.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 398.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 398.50 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 522.5 m 325.5 522.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 522.5 m 329.5 522.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 522.5 m 404.5 522.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 522.5 m 408.5 522.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 522.5 m 483.5 522.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 522.5 m 487.5 522.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 522.5 m 562.5 522.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 484.5 m 325.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 484.5 m 404.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 484.5 m 483.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 484.5 m 562.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 398.5 m 325.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 398.5 m 404.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 398.5 m 483.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 398.5 m 562.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 383.5 m 325.5 383.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 381.5 m 325.5 381.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 383.5 m 404.5 383.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 381.5 m 404.5 381.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 383.5 m 483.5 383.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 381.5 m 483.5 381.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 383.5 m 562.5 383.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 381.5 m 562.5 381.5 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 371.00 527.42 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 263.95 500.42 Td (Amortized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 277.40 489.42 Td (Cost) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.65 511.42 Td (Gross) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 342.35 500.42 Td (Unrealized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.65 489.42 Td (Gains) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 432.65 511.42 Td (Gross) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 421.35 500.42 Td (Unrealized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 430.50 489.42 Td (Losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 515.60 500.42 Td (Fair) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 511.95 489.42 Td (V) Tj ET Q q 0 0 0 rg BT 518.67 489.42 Td (alue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 474.37 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 75.21 474.37 Td (T) Tj ET Q q 0 0 0 rg BT 81.64 474.37 Td (reasury and government debt) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 463.37 Td (securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 462.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 304.80 462.42 Td (300) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 462.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 462.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 462.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 470.10 462.42 Td (\(7) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 462.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 462.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 462.42 Td (293) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 447.37 Td (Residential mortgage-backed securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.55 446.42 Td (7,654) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 446.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 459.10 446.42 Td (\(155) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 446.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 446.42 Td (7,499) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 431.37 Td (State and political subdivision debt) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 420.37 Td (securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.55 419.42 Td (6,377) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 383.80 419.42 Td (109) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 459.10 419.42 Td (\(149) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 419.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 419.42 Td (6,337) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 404.37 Td (Corporate debt securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.55 403.42 Td (2,081) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 394.80 403.42 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 464.60 403.42 Td (\(30) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 403.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 403.42 Td (2,052) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 387.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 387.42 Td (16,412) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 387.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 383.80 387.42 Td (1) Tj ET Q q 0 0 0 rg BT 389.30 387.42 Td (10) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 387.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 459.10 387.42 Td (\(341) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 387.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 387.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 387.42 Td (16,181) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 27 0 obj <>] /Rotate 0 /Contents 28 0 R>> endobj 28 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 305.78 31.60 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (The following tables show the gross unrealized losses and fair value, aggregated by investment category and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (length of time that individual securities have been in a continuous unrealized loss position \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 658.70 156.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 658.70 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 658.70 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 658.70 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 658.70 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 658.70 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 658.70 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 658.70 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 658.70 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 658.70 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 658.70 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 658.70 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 604.70 156.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 604.70 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 604.70 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 604.70 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 604.70 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 604.70 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 604.70 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 604.70 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 604.70 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 604.70 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 604.70 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 604.70 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 561.70 156.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 561.70 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 561.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 561.70 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 561.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 561.70 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 561.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 561.70 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 561.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 561.70 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 561.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 561.70 56.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 701.7 m 262.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 685.7 m 262.5 685.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 701.7 m 266.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 685.7 m 266.5 685.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 701.7 m 322.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 685.7 m 322.5 685.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 701.7 m 326.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 701.7 m 382.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 685.7 m 382.5 685.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 701.7 m 386.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 685.7 m 386.5 685.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 701.7 m 442.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 685.7 m 442.5 685.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 701.7 m 446.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 701.7 m 502.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 685.7 m 502.5 685.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 701.7 m 506.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 685.7 m 506.5 685.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 701.7 m 562.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 685.7 m 562.5 685.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 658.7 m 262.5 658.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 658.7 m 322.5 658.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 658.7 m 382.5 658.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 658.7 m 442.5 658.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 658.7 m 502.5 658.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 658.7 m 562.5 658.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 561.7 m 262.5 561.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 561.7 m 322.5 561.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 561.7 m 382.5 561.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 561.7 m 442.5 561.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 561.7 m 502.5 561.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 561.7 m 562.5 561.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 546.7 m 262.5 546.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 544.7 m 262.5 544.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 546.7 m 322.5 546.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 544.7 m 322.5 544.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 546.7 m 382.5 546.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 544.7 m 382.5 544.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 546.7 m 442.5 546.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 544.7 m 442.5 544.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 546.7 m 502.5 546.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 544.7 m 502.5 544.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 546.7 m 562.5 546.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 544.7 m 562.5 544.7 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 339.85 706.62 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 218.00 690.62 Td (Less than 12 Months) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 337.10 690.62 Td (12MonthsorLonger) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 492.75 690.62 Td (T) Tj ET Q q 0 0 0 rg BT 498.70 690.62 Td (otal) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 225.10 674.62 Td (Fair) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 221.45 663.62 Td (V) Tj ET Q q 0 0 0 rg BT 228.17 663.62 Td (alue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.85 674.62 Td (Unrealized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 279.00 663.62 Td (Losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 345.10 674.62 Td (Fair) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 341.45 663.62 Td (V) Tj ET Q q 0 0 0 rg BT 348.17 663.62 Td (alue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.85 674.62 Td (Unrealized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 399.00 663.62 Td (Losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 465.10 674.62 Td (Fair) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 461.45 663.62 Td (V) Tj ET Q q 0 0 0 rg BT 468.17 663.62 Td (alue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 509.85 674.62 Td (Unrealized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 519.00 663.62 Td (Losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 648.57 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 75.21 648.57 Td (T) Tj ET Q q 0 0 0 rg BT 81.64 648.57 Td (reasury and government) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 637.57 Td (debt securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 209.00 636.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 241.80 636.62 Td (290) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.00 636.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.60 636.62 Td (\(10) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.30 636.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 329.00 636.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 367.30 636.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.00 636.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 427.30 636.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.00 636.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 481.80 636.62 Td (290) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 509.00 636.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 543.60 636.62 Td (\(10) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 636.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 621.57 Td (Residential mortgage-backed) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 610.57 Td (securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 233.50 609.62 Td (2,738) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.60 609.62 Td (\(51) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.30 609.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.50 609.62 Td (4,764) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 418.10 609.62 Td (\(156) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 438.30 609.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 473.50 609.62 Td (7,502) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 538.10 609.62 Td (\(207) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 609.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 594.57 Td (State and political subdivision) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 583.57 Td (debt securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 233.50 582.62 Td (1,097) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.60 582.62 Td (\(18) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.30 582.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.50 582.62 Td (2,478) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 423.60 582.62 Td (\(90) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 438.30 582.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 473.50 582.62 Td (3,575) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 538.10 582.62 Td (\(108) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 582.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 567.57 Td (Corporate debt securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 241.80 566.62 Td (515) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 309.10 566.62 Td (\(6) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.30 566.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 361.80 566.62 Td (855) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 423.60 566.62 Td (\(19) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 438.30 566.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 473.50 566.62 Td (1,370) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 543.60 566.62 Td (\(25) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 566.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 209.00 550.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 233.50 550.62 Td (4,640) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.00 550.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.60 550.62 Td (\(85) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.30 550.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 329.00 550.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.50 550.62 Td (8,097) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.00 550.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 418.10 550.62 Td (\(265) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 438.30 550.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.00 550.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.00 550.62 Td (12,737) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 509.00 550.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 538.10 550.62 Td (\(350) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 550.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 463.50 156.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 463.50 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 463.50 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 463.50 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 463.50 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 463.50 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 463.50 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 463.50 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 463.50 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 463.50 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 463.50 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 463.50 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 409.50 156.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 409.50 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 409.50 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 409.50 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 409.50 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 409.50 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 409.50 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 409.50 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 409.50 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 409.50 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 409.50 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 409.50 56.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 366.50 156.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 366.50 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 366.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 366.50 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 366.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 366.50 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 366.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 366.50 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 366.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 366.50 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 366.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 366.50 56.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 506.5 m 262.5 506.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 506.5 m 266.5 506.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 506.5 m 322.5 506.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 506.5 m 326.5 506.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 506.5 m 382.5 506.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 506.5 m 386.5 506.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 506.5 m 442.5 506.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 506.5 m 446.5 506.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 506.5 m 502.5 506.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 506.5 m 506.5 506.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 506.5 m 562.5 506.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 490.5 m 262.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 490.5 m 266.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 490.5 m 322.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 490.5 m 382.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 490.5 m 386.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 490.5 m 442.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 490.5 m 502.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 490.5 m 506.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 490.5 m 562.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 463.5 m 262.5 463.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 463.5 m 322.5 463.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 463.5 m 382.5 463.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 463.5 m 442.5 463.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 463.5 m 502.5 463.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 463.5 m 562.5 463.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 366.5 m 262.5 366.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 366.5 m 322.5 366.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 366.5 m 382.5 366.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 366.5 m 442.5 366.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 366.5 m 502.5 366.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 366.5 m 562.5 366.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 351.5 m 262.5 351.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 349.5 m 262.5 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 351.5 m 322.5 351.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 349.5 m 322.5 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 351.5 m 382.5 351.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 349.5 m 382.5 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 351.5 m 442.5 351.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 349.5 m 442.5 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 351.5 m 502.5 351.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 349.5 m 502.5 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 351.5 m 562.5 351.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 349.5 m 562.5 349.5 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 349.00 511.42 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 218.00 495.42 Td (Less than 12 Months) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 337.10 495.42 Td (12MonthsorLonger) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 492.75 495.42 Td (T) Tj ET Q q 0 0 0 rg BT 498.70 495.42 Td (otal) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 225.10 479.42 Td (Fair) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 221.45 468.42 Td (V) Tj ET Q q 0 0 0 rg BT 228.17 468.42 Td (alue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.85 479.42 Td (Unrealized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 279.00 468.42 Td (Losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 345.10 479.42 Td (Fair) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 341.45 468.42 Td (V) Tj ET Q q 0 0 0 rg BT 348.17 468.42 Td (alue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.85 479.42 Td (Unrealized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 399.00 468.42 Td (Losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 465.10 479.42 Td (Fair) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 461.45 468.42 Td (V) Tj ET Q q 0 0 0 rg BT 468.17 468.42 Td (alue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 509.85 479.42 Td (Unrealized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 519.00 468.42 Td (Losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 453.37 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 75.21 453.37 Td (T) Tj ET Q q 0 0 0 rg BT 81.64 453.37 Td (reasury and government) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 442.37 Td (debt securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 209.00 441.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 241.80 441.42 Td (293) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.00 441.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 309.10 441.42 Td (\(7) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.30 441.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 329.00 441.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 367.30 441.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.00 441.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 427.30 441.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.00 441.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 481.80 441.42 Td (293) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 509.00 441.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 549.10 441.42 Td (\(7) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 441.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 426.37 Td (Residential mortgage-backed) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 415.37 Td (securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 233.50 414.42 Td (3,185) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.60 414.42 Td (\(52) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.30 414.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.50 414.42 Td (3,909) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 418.10 414.42 Td (\(103) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 438.30 414.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 473.50 414.42 Td (7,094) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 538.10 414.42 Td (\(155) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 414.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 399.37 Td (State and political subdivision) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 388.37 Td (debt securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 233.50 387.42 Td (2,224) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.60 387.42 Td (\(40) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.30 387.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.50 387.42 Td (2,180) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 418.10 387.42 Td (\(109) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 438.30 387.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 473.50 387.42 Td (4,404) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 538.10 387.42 Td (\(149) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 387.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 372.37 Td (Corporate debt securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 233.50 371.42 Td (1,384) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.60 371.42 Td (\(12) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.30 371.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 361.80 371.42 Td (367) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 423.60 371.42 Td (\(18) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 438.30 371.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 473.50 371.42 Td (1,751) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 543.60 371.42 Td (\(30) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 371.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 209.00 355.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 233.50 355.42 Td (7,086) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.00 355.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 298.10 355.42 Td (\(1) Tj ET Q q 0 0 0 rg BT 307.26 355.42 Td (1) Tj ET Q q 0 0 0 rg BT 312.76 355.42 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.30 355.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 329.00 355.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.50 355.42 Td (6,456) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.00 355.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 418.10 355.42 Td (\(230) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 438.30 355.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.00 355.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.00 355.42 Td (13,542) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 509.00 355.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 538.10 355.42 Td (\(341) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 355.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 328.80 Td (Based on the Company's ability and intent to hold the investments for a reasonable period of time suf) Tj ET Q q 0 0 0 rg BT 513.05 328.80 Td (ficient for ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 315.60 Td (a forecasted recovery of fair value, the Company does not consider any investments to be other) Tj ET Q q 0 0 0 rg BT 468.25 315.60 Td (-than-temporarily ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 302.40 Td (impaired at ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 102.53 302.40 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 190.82 302.40 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 280.20 Td (The amortized cost and fair value of the Company's investments in debt securities, by contractual maturity) Tj ET Q q 0 0 0 rg BT 535.41 280.20 Td (, are ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 267.00 Td (shown in the table below \(in thousands\). Expected maturities dif) Tj ET Q q 0 0 0 rg BT 333.29 267.00 Td (fer from contractual maturities as borrowers may ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 253.80 Td (have the right to call or prepay obligations with or without call or prepayment penalties.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 200.30 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 200.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 200.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 200.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 168.30 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 168.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 168.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 168.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 136.30 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 136.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 136.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 136.30 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 227.29999999999995 m 483.5 227.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 227.29999999999995 m 487.5 227.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 227.29999999999995 m 562.5 227.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 200.29999999999995 m 483.5 200.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 200.29999999999995 m 562.5 200.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 120.29999999999995 m 483.5 120.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 120.29999999999995 m 562.5 120.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 120.29999999999995 m 483.5 120.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 105.29999999999995 m 483.5 105.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 103.29999999999995 m 483.5 103.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 120.29999999999995 m 562.5 120.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 105.29999999999995 m 562.5 105.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 103.29999999999995 m 562.5 103.29999999999995 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 440.85 232.22 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 421.95 216.22 Td (Amortized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 435.40 205.22 Td (Cost) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 515.60 216.22 Td (Fair) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 511.95 205.22 Td (V) Tj ET Q q 0 0 0 rg BT 518.67 205.22 Td (alue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 190.17 Td (Due in less than one year) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 189.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.80 189.22 Td (698) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 189.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 189.22 Td (680) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 174.17 Td (Due after one year through five years) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 173.22 Td (3,557) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 173.22 Td (3,465) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 158.17 Td (Due after five years through ten years) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.80 157.22 Td (375) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 157.22 Td (361) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 142.17 Td (Due after ten years) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 141.22 Td (2,815) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 141.22 Td (2,887) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 126.17 Td (Mortgage-backed securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 125.22 Td (7,714) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 125.22 Td (7,507) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 109.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 109.22 Td (15,159) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 109.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 109.22 Td (14,900) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 29 0 obj <>] /Rotate 0 /Contents 30 0 R>> endobj 30 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (12) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (W) Tj ET Q q 0 0 0 rg BT 77.50 741.40 Td (e recognize investment gains and losses on debt securities when we sell or otherwise dispose of securities on ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (a specific identification method. ) Tj ET Q q 0 0 0 rg BT 194.28 728.20 Td (There were no gross gains or losses realized during the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 438.65 728.20 Td (three and six months ended ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 715.00 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 138.29 715.00 Td (. ) Tj ET Q q 0 0 0 rg BT 143.59 715.00 Td (There were no gross gains or losses realized for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 372.07 715.00 Td (three months ended September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 549.25 715.00 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 701.80 Td (During the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 100.10 701.80 Td (six months ended September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 268.14 701.80 Td (, there were no gross gains realized and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 444.37 701.80 Td ($10,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 480.12 701.80 Td ( in gross losses ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 688.60 Td (realized.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 666.40 Td (Beginning in fiscal year 2019, we have recognized unrealized gains and losses on marketable equity securities ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 653.20 Td (from changes in market prices during the period as a component of earnings in the Consolidated Statements of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 640.00 Td (Comprehensive Income. ) Tj ET Q q 0 0 0 rg BT 160.08 640.00 Td (The net investment gains and losses for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 352.53 640.00 Td (three and six months ended September 29, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 626.80 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 626.80 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 93.38 626.80 Td (September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 181.67 626.80 Td ( are as follows \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 564.30 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 564.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 564.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 564.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 564.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 564.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 564.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 564.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 532.30 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 532.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 532.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 532.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 532.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 532.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 532.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 532.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 500.30 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 500.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 500.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 500.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 500.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 500.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 500.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 500.30 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 591.3 m 325.5 591.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 591.3 m 329.5 591.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 591.3 m 404.5 591.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 591.3 m 483.5 591.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 591.3 m 487.5 591.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 591.3 m 562.5 591.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 591.3 m 325.5 591.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 564.3 m 325.5 564.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 591.3 m 329.5 591.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 591.3 m 404.5 591.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 564.3 m 404.5 564.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 564.3 m 483.5 564.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 564.3 m 562.5 564.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 484.3 m 325.5 484.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 484.3 m 404.5 484.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 484.3 m 483.5 484.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 484.3 m 562.5 484.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 484.3 m 325.5 484.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 460.3 m 325.5 460.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 458.3 m 325.5 458.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 484.3 m 404.5 484.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 460.3 m 404.5 460.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 458.3 m 404.5 458.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 484.3 m 483.5 484.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 460.3 m 483.5 460.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 458.3 m 483.5 458.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 484.3 m 562.5 484.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 460.3 m 562.5 460.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 458.3 m 562.5 458.3 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 280.55 596.22 Td (Three Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 444.05 596.22 Td (Six Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 255.70 580.22 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 276.50 569.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 334.70 580.22 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 355.50 569.22 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 580.22 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 569.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 492.70 580.22 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 569.22 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 554.17 Td (Marketable equity securities:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 538.17 Td ( Net \(losses\) gains on securities held) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 537.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 301.10 537.22 Td (\(312) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 321.30 537.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 537.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 537.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 537.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 537.22 Td (1,298) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 537.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 537.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 522.17 Td ( Net losses on securities sold) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 306.60 521.22 Td (\(13) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 321.30 521.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 521.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 464.60 521.22 Td (\(53) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 521.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 521.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 506.17 Td ( Gross realized gains) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 310.30 505.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 383.80 505.22 Td (570) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 505.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 505.22 Td (735) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 490.17 Td ( Gross realized losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 310.30 489.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 385.60 489.22 Td (\(51) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.30 489.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 489.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 538.10 489.22 Td (\(1) Tj ET Q q 0 0 0 rg BT 547.26 489.22 Td (12) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 489.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 474.17 Td ( ) Tj ET Q q 0 0 0 rg BT 69.30 474.17 Td (T) Tj ET Q q 0 0 0 rg BT 75.25 474.17 Td (otal net \(loss\) gain on marketable) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 463.17 Td (equity securities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 464.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 301.10 464.22 Td (\(325) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 321.30 464.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 464.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 383.80 464.22 Td (519) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 464.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 464.22 Td (1,245) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 464.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 464.22 Td (623) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 432.60 Td (5. Inventories) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 410.40 Td (Inventories consist of the following \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 372.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 372.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 372.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 372.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 340.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 340.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 340.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 340.90 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 372.9 m 483.5 372.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 372.9 m 562.5 372.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 324.9 m 483.5 324.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 324.9 m 562.5 324.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 309.9 m 483.5 309.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 307.9 m 483.5 307.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 309.9 m 562.5 309.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 307.9 m 562.5 307.9 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 388.82 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 377.82 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 388.82 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 377.82 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 362.77 Td (Raw materials) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 361.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 361.82 Td (36,560) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 361.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 361.82 Td (36,124) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 346.77 Td (W) Tj ET Q q 0 0 0 rg BT 62.94 346.77 Td (ork in process) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 345.82 Td (14,143) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 345.82 Td (13,670) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 330.77 Td (Finished goods and other) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 329.82 Td (60,799) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 329.82 Td (59,358) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 313.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 313.82 Td (1) Tj ET Q q 0 0 0 rg BT 449.05 313.82 Td (1) Tj ET Q q 0 0 0 rg BT 454.55 313.82 Td (1,502) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 313.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 313.82 Td (109,152) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 282.20 Td (6. Consumer) Tj ET Q q 0 0 0 rg BT 109.69 282.20 Td ( Loans Receivable) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 260.00 Td (The following table summarizes consumer loans receivable \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 222.50 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 222.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 222.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 222.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 190.50 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 190.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 190.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 190.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 158.50 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 158.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 158.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 158.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 126.50 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 126.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 126.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 126.50 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 222.5 m 483.5 222.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 222.5 m 562.5 222.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 158.5 m 483.5 158.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 158.5 m 562.5 158.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 110.5 m 483.5 110.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 110.5 m 562.5 110.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 95.5 m 483.5 95.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 93.5 m 483.5 93.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 95.5 m 562.5 95.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 93.5 m 562.5 93.5 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 238.42 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 227.42 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 238.42 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 227.42 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 212.37 Td (Loans held for investment \(at ) Tj ET Q q 0 0 0 rg BT 184.96 212.37 Td (Acquisition Date\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 211.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 211.42 Td (47,948) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 211.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 211.42 Td (51,798) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 196.37 Td (Loans held for investment \(originated after ) Tj ET Q q 0 0 0 rg BT 244.52 196.37 Td (Acquisition Date\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 195.42 Td (23,469) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 195.42 Td (21,183) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 180.37 Td (Loans held for sale) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 179.42 Td (13,258) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 179.42 Td (12,830) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 164.37 Td (Construction advances) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 163.42 Td (1) Tj ET Q q 0 0 0 rg BT 454.55 163.42 Td (1,001) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 163.42 Td (1) Tj ET Q q 0 0 0 rg BT 533.55 163.42 Td (1,088) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 148.37 Td (Consumer loans receivable) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 147.42 Td (95,676) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 147.42 Td (96,899) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 132.37 Td (Deferred financing fees and other) Tj ET Q q 0 0 0 rg BT 200.59 132.37 Td (, net) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 450.85 131.42 Td (\(1,917) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 131.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 529.85 131.42 Td (\(1,551) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 131.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 116.37 Td (Allowance for loan losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 459.10 115.42 Td (\(41) Tj ET Q q 0 0 0 rg BT 473.76 115.42 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 115.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 538.10 115.42 Td (\(397) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 115.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 99.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 99.42 Td (93,348) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 99.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 99.42 Td (94,951) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 31 0 obj <>] /Rotate 0 /Contents 32 0 R>> endobj 32 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (13) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (The allowance for loan losses is developed at the loan level and allocated to specific individual loans or to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (impaired loans. ) Tj ET Q q 0 0 0 rg BT 119.96 728.20 Td (A) Tj ET Q q 0 0 0 rg BT 127.30 728.20 Td ( range of probable losses is calculated after giving consideration to, among other things, the loan ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 715.00 Td (characteristics, and historical loss experience. ) Tj ET Q q 0 0 0 rg BT 253.52 715.00 Td (The Company then makes a determination of the best estimate within ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 701.80 Td (the range of loan losses. ) Tj ET Q q 0 0 0 rg BT 158.55 701.80 Td (The allowance for loan losses reflects the Company's judgment of the probable loss ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 688.60 Td (exposure on its loans held for investment portfolio.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 666.40 Td (As of the date of the Palm Harbor acquisition \("Acquisition Date"\), the Company determined the excess of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 653.20 Td (loan pool's scheduled contractual principal and interest payments over all cash flows expected as an amount that ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 640.00 Td (includes interest that cannot be accreted into interest income \(the non-accretable dif) Tj ET Q q 0 0 0 rg BT 417.83 640.00 Td (ference\). ) Tj ET Q q 0 0 0 rg BT 459.15 640.00 Td (The cash flow ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 626.80 Td (expected to be collected in excess of the carrying value of the acquired loans includes interest that is accreted into ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 613.60 Td (interest income over the remaining life of the loans \(referred to as accretable yield\). Interest income on consumer ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 600.40 Td (loans receivable is recognized as Net revenue.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 546.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 546.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 546.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 546.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 514.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 514.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 514.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 514.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 482.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 482.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 482.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 482.90 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 562.9 m 483.5 562.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 562.9 m 562.5 562.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 466.9 m 483.5 466.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 466.9 m 562.5 466.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 451.9 m 483.5 451.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 449.9 m 483.5 449.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 451.9 m 562.5 451.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 449.9 m 562.5 449.9 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 578.82 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 567.82 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 578.82 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 567.82 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 453.65 551.82 Td (\(in thousands\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 536.77 Td (Consumer loans receivable held for investment contractual amount) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 535.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 535.82 Td (1) Tj ET Q q 0 0 0 rg BT 449.05 535.82 Td (10,136) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 535.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 535.82 Td (120,096) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 520.77 Td (Purchase discount) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 504.77 Td (Accretable) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 445.35 503.82 Td (\(40,937) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 503.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 524.35 503.82 Td (\(44,481) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 503.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 488.77 Td (Non-accretable) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 445.35 487.82 Td (\(21,138) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 487.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 524.35 487.82 Td (\(23,71) Tj ET Q q 0 0 0 rg BT 552.76 487.82 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 487.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 472.77 Td (Less consumer loans receivable reclassified as other assets) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 459.10 471.82 Td (\(1) Tj ET Q q 0 0 0 rg BT 468.26 471.82 Td (13) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 471.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 538.10 471.82 Td (\(106) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 471.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 456.77 Td (T) Tj ET Q q 0 0 0 rg BT 58.95 456.77 Td (otal acquired consumer loans receivable held for investment, net) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 455.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 455.82 Td (47,948) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 455.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 455.82 Td (51,798) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 433.20 Td (Over the life of the acquired loans, the Company estimates cash flows expected to be collected to determine if ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 420.00 Td (an allowance for loan loss related to loans acquired subsequent to the ) Tj ET Q q 0 0 0 rg BT 356.68 420.00 Td (Acquisition Date is required. ) Tj ET Q q 0 0 0 rg BT 486.32 420.00 Td (The weighted ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 406.80 Td (averages of assumptions used in the calculation of expected cash flows to be collected were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 48.50 364.30 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 364.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 364.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 364.30 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 364.3 m 481.5 364.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 364.3 m 560.5 364.3 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.70 380.22 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 432.50 369.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 499.85 380.22 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 511.50 369.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 51.00 354.17 Td (Prepayment rate) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 452.55 353.22 Td (16.2) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 471.80 353.22 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.55 353.22 Td (16.0) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 353.22 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 51.00 338.17 Td (Default rate) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 458.05 337.22 Td (1.2) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 471.80 337.22 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 537.05 337.22 Td (1.2) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 337.22 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 314.60 Td (Assuming there was a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 167.59 314.60 Td (1%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 182.25 314.60 Td ( unfavorable variation from the expected level, for each key assumption, the expected ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 301.40 Td (cash flows for the life of the portfolio, as of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 244.58 301.40 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.87 301.40 Td (, would decrease by approximately ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 489.26 301.40 Td ($1.1 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 543.04 301.40 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 288.20 Td ($3.2 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 103.78 288.20 Td ( for the expected prepayment rate and expected default rate, respectively) Tj ET Q q 0 0 0 rg BT 422.21 288.20 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 266.00 Td (The changes in accretable yield on acquired consumer loans receivable held for investment were as follows ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 252.80 Td (\(inthousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 199.30 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 199.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 199.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 199.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 199.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 199.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 199.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 199.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 167.30 200.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 167.30 75.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 167.30 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 167.30 75.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 167.30 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 167.30 75.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 167.30 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 167.30 75.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 226.29999999999995 m 325.5 226.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 226.29999999999995 m 329.5 226.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 226.29999999999995 m 404.5 226.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 226.29999999999995 m 483.5 226.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 226.29999999999995 m 487.5 226.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 226.29999999999995 m 562.5 226.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 199.29999999999995 m 325.5 199.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 199.29999999999995 m 404.5 199.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 199.29999999999995 m 483.5 199.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 199.29999999999995 m 562.5 199.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 142.29999999999995 m 325.5 142.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 127.29999999999995 m 325.5 127.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 125.29999999999995 m 325.5 125.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 142.29999999999995 m 404.5 142.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 127.29999999999995 m 404.5 127.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 125.29999999999995 m 404.5 125.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 142.29999999999995 m 483.5 142.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 127.29999999999995 m 483.5 127.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 125.29999999999995 m 483.5 125.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 142.29999999999995 m 562.5 142.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 127.29999999999995 m 562.5 127.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 125.29999999999995 m 562.5 125.29999999999995 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 280.55 231.22 Td (Three Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 444.05 231.22 Td (Six Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 255.70 215.22 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 276.50 204.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 334.70 215.22 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 355.50 204.22 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 215.22 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 204.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 492.70 215.22 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 204.22 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 188.22 Td (Balance at the beginning of the period) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 188.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 188.22 Td (42,873) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 188.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 370.05 188.22 Td (54,912) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 188.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 188.22 Td (44,481) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 188.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 188.22 Td (56,686) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 172.22 Td (Accretion) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 292.85 172.22 Td (\(1,968) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 321.30 172.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 371.85 172.22 Td (\(2,163) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.30 172.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 450.85 172.22 Td (\(3,867) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 172.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 529.85 172.22 Td (\(4,373) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 172.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 157.17 Td (Reclassifications from \(to\) non-accretable) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 146.17 Td (discount) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 310.30 147.22 Td (32) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 371.85 147.22 Td (\(1,569) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.30 147.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.80 147.22 Td (323) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 529.85 147.22 Td (\(1,133) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 147.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 131.22 Td (Balance at the end of the period) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 131.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 131.22 Td (40,937) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 131.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 370.05 131.22 Td (51,180) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 131.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 131.22 Td (40,937) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 131.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 131.22 Td (51,180) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 33 0 obj <>] /Rotate 0 /Contents 34 0 R>> endobj 34 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (14) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (Consumer loans held for investment had the following characteristics:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 702.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 702.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 702.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 702.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 670.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 670.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 670.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 670.90 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 702.9 m 483.5 702.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 702.9 m 562.5 702.9 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 718.82 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 707.82 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 718.82 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 707.82 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 691.82 Td (W) Tj ET Q q 0 0 0 rg BT 62.94 691.82 Td (eighted average contractual interest rate) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 691.82 Td (8.49) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 473.80 691.82 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 691.82 Td (8.57) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 552.80 691.82 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 675.82 Td (W) Tj ET Q q 0 0 0 rg BT 62.94 675.82 Td (eighted average ef) Tj ET Q q 0 0 0 rg BT 143.02 675.82 Td (fective interest rate) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 675.82 Td (9.03) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 473.80 675.82 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 675.82 Td (9.34) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 552.80 675.82 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 659.82 Td (W) Tj ET Q q 0 0 0 rg BT 62.50 659.82 Td (eighted average months to maturity) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 463.50 659.82 Td (167) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 542.50 659.82 Td (168) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 633.20 Td (The following table disaggregates the Company's gross consumer loans receivable for each class by portfolio ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 620.00 Td (segment and credit quality indicator as of the time of origination \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 523.50 224.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 523.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 523.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 523.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 523.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 523.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 523.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 523.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 523.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 491.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 491.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 491.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 491.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 491.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 491.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 491.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 491.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 491.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 491.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 491.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 491.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 459.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 459.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 459.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 459.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 459.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 459.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 459.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 459.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 459.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 459.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 459.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 459.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 427.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 427.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 427.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 427.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 427.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 427.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 427.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 427.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 427.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 427.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 427.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 427.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 395.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 395.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 395.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 395.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 395.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 395.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 395.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 395.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 395.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 395.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 395.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 395.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 363.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 363.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 363.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 363.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 363.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 363.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 363.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 363.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 363.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 363.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 363.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 363.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 331.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 331.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 331.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 331.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 331.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 331.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 331.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 331.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 331.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 331.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 331.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 331.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 299.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 299.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 299.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 299.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 299.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 299.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 299.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 299.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 299.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 299.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 299.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 299.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 267.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 267.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 267.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 267.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 267.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 267.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 267.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 267.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 267.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 267.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 267.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 267.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 235.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 235.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 235.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 235.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 235.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 235.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 235.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 235.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 235.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 235.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 235.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 235.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 203.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 203.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 203.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 203.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 203.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 203.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 203.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 203.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 203.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 203.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 203.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 203.50 68.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 593.5 m 202.5 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 593.5 m 206.5 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 593.5 m 274.5 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 274.5 593.5 m 278.5 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 593.5 m 346.5 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 593.5 m 350.5 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 593.5 m 418.5 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 593.5 m 422.5 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 593.5 m 490.5 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 593.5 m 494.5 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 593.5 m 562.5 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 577.5 m 202.5 577.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 577.5 m 206.5 577.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 577.5 m 274.5 577.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 274.5 577.5 m 278.5 577.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 577.5 m 346.5 577.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 539.5 m 202.5 539.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 539.5 m 274.5 539.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 539.5 m 346.5 539.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 539.5 m 418.5 539.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 539.5 m 490.5 539.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 539.5 m 562.5 539.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 427.5 m 202.5 427.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 427.5 m 274.5 427.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 427.5 m 346.5 427.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 427.5 m 418.5 427.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 427.5 m 490.5 427.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 427.5 m 562.5 427.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 331.5 m 202.5 331.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 331.5 m 274.5 331.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 331.5 m 346.5 331.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 331.5 m 418.5 331.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 331.5 m 490.5 331.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 331.5 m 562.5 331.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 235.5 m 202.5 235.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 235.5 m 274.5 235.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 235.5 m 346.5 235.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 235.5 m 418.5 235.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 235.5 m 490.5 235.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 235.5 m 562.5 235.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 203.5 m 202.5 203.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 203.5 m 274.5 203.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 203.5 m 346.5 203.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 203.5 m 418.5 203.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 203.5 m 490.5 203.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 203.5 m 562.5 203.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 188.5 m 202.5 188.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 186.5 m 202.5 186.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 188.5 m 274.5 188.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 186.5 m 274.5 186.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 188.5 m 346.5 188.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 186.5 m 346.5 186.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 188.5 m 418.5 188.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 186.5 m 418.5 186.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 188.5 m 490.5 188.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 186.5 m 490.5 186.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 188.5 m 562.5 188.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 186.5 m 562.5 186.5 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.85 598.42 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 156.90 582.42 Td (Consumer Loans Held for Investment) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.00 582.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 497.00 582.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 143.25 555.42 Td (Securitized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 157.00 544.42 Td (2005) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 215.25 555.42 Td (Securitized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 229.00 544.42 Td (2007) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 281.45 544.42 Td (Unsecuritized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 355.55 555.42 Td (Construction) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 362.30 544.42 Td (Advances) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 433.35 566.42 Td (Consumer ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 430.45 555.42 Td (LoansHeld) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 437.50 544.42 Td (For Sale) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 516.75 544.42 Td (T) Tj ET Q q 0 0 0 rg BT 522.70 544.42 Td (otal) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 529.37 Td (Asset Class) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 513.37 Td (Credit Quality Indicator \(FICO score\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 497.37 Td (Chattel loans) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 481.37 Td (0-619) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 137.00 480.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 181.80 480.42 Td (427) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 209.00 480.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.80 480.42 Td (263) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 281.00 480.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 325.80 480.42 Td (317) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.00 480.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 480.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 425.00 480.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 480.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 497.00 480.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 480.42 Td (1,007) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 465.37 Td (620-719) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 173.55 464.42 Td (9,202) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.55 464.42 Td (6,584) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 312.05 464.42 Td (10,228) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 464.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 464.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 464.42 Td (26,014) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 449.37 Td (720+) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 173.55 448.42 Td (9,850) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.55 448.42 Td (5,872) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 312.05 448.42 Td (1) Tj ET Q q 0 0 0 rg BT 317.55 448.42 Td (1,305) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 448.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 469.80 448.42 Td (133) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 448.42 Td (27,160) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 433.37 Td (Other) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 432.42 Td (48) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 259.30 432.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 325.80 432.42 Td (479) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 432.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 432.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 432.42 Td (527) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 417.37 Td (Subtotal) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 168.05 416.42 Td (19,527) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 240.05 416.42 Td (12,719) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 312.05 416.42 Td (22,329) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 416.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 469.80 416.42 Td (133) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 416.42 Td (54,708) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 401.37 Td (Conforming mortgages) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 385.37 Td (0-619) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 384.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 259.30 384.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 325.80 384.42 Td (154) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 384.42 Td (26) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 384.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 384.42 Td (180) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 369.37 Td (620-719) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 368.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 259.30 368.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 317.55 368.42 Td (2,244) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.55 368.42 Td (6,291) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 461.55 368.42 Td (8,527) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 368.42 Td (17,062) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 353.37 Td (720+) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 352.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 259.30 352.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 325.80 352.42 Td (464) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.55 352.42 Td (4,684) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 461.55 352.42 Td (4,598) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 352.42 Td (9,746) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 337.37 Td (Other) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 336.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 259.30 336.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 325.80 336.42 Td (1) Tj ET Q q 0 0 0 rg BT 331.30 336.42 Td (16) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 336.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 336.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 336.42 Td (1) Tj ET Q q 0 0 0 rg BT 547.30 336.42 Td (16) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 321.37 Td (Subtotal) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 320.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 259.30 320.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 317.55 320.42 Td (2,978) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 384.05 320.42 Td (1) Tj ET Q q 0 0 0 rg BT 389.55 320.42 Td (1,001) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 456.05 320.42 Td (13,125) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 320.42 Td (27,104) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 305.37 Td (Non-conforming mortgages) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 289.37 Td (0-619) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 288.42 Td (80) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.80 288.42 Td (356) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 317.55 288.42 Td (1,020) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 288.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 288.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 288.42 Td (1,456) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 273.37 Td (620-719) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 173.55 272.42 Td (1,050) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.55 272.42 Td (4,1) Tj ET Q q 0 0 0 rg BT 259.30 272.42 Td (1) Tj ET Q q 0 0 0 rg BT 264.80 272.42 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 317.55 272.42 Td (2,981) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 272.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 272.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 272.42 Td (8,142) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 257.37 Td (720+) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 173.55 256.42 Td (1,266) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.55 256.42 Td (2,394) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 325.80 256.42 Td (375) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 256.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 256.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 256.42 Td (4,035) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 241.37 Td (Other) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 240.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 259.30 240.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 325.80 240.42 Td (221) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 240.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 240.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 240.42 Td (221) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 225.37 Td (Subtotal) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 173.55 224.42 Td (2,396) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.55 224.42 Td (6,861) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 317.55 224.42 Td (4,597) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 224.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 224.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 224.42 Td (13,854) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 209.37 Td (Other loans) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 208.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 259.30 208.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 331.30 208.42 Td (10) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 208.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 208.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 208.42 Td (10) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 137.00 192.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 168.05 192.42 Td (21,923) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 209.00 192.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 240.05 192.42 Td (19,580) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 281.00 192.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 312.05 192.42 Td (29,914) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.00 192.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 384.05 192.42 Td (1) Tj ET Q q 0 0 0 rg BT 389.55 192.42 Td (1,001) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 425.00 192.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 456.05 192.42 Td (13,258) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 497.00 192.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 192.42 Td (95,676) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 35 0 obj <>] /Rotate 0 /Contents 36 0 R>> endobj 36 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (15) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 662.50 224.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 662.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 662.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 662.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 662.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 662.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 662.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 662.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 662.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 630.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 630.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 630.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 630.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 630.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 630.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 630.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 630.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 630.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 630.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 630.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 630.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 598.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 598.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 598.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 598.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 598.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 598.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 598.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 598.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 598.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 598.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 598.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 598.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 566.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 566.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 566.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 566.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 566.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 566.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 566.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 566.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 566.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 566.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 566.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 566.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 534.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 534.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 534.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 534.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 534.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 534.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 534.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 534.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 534.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 534.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 534.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 534.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 502.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 502.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 502.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 502.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 502.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 502.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 502.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 502.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 502.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 502.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 502.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 502.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 470.50 152.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 470.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 470.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 470.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 470.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 470.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 470.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 470.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 470.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 470.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 470.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 438.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 438.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 438.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 438.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 438.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 438.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 438.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 438.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 438.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 438.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 438.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 438.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 406.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 406.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 406.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 406.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 406.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 406.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 406.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 406.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 406.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 406.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 406.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 406.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 374.50 84.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 134.50 374.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.50 374.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 374.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 374.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 374.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 374.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 374.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 374.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 374.50 68.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 374.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 374.50 68.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 732.5 m 202.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 732.5 m 206.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 732.5 m 274.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 274.5 732.5 m 278.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 732.5 m 346.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 732.5 m 350.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 732.5 m 418.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 732.5 m 422.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 732.5 m 490.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 732.5 m 494.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 732.5 m 562.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 716.5 m 202.5 716.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 716.5 m 206.5 716.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 716.5 m 274.5 716.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 274.5 716.5 m 278.5 716.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 716.5 m 346.5 716.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 678.5 m 202.5 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 678.5 m 274.5 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 678.5 m 346.5 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 678.5 m 418.5 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 678.5 m 490.5 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 678.5 m 562.5 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 566.5 m 202.5 566.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 566.5 m 274.5 566.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 566.5 m 346.5 566.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 566.5 m 418.5 566.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 566.5 m 490.5 566.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 566.5 m 562.5 566.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 486.5 m 202.5 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 486.5 m 274.5 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 486.5 m 346.5 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 486.5 m 418.5 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 486.5 m 490.5 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 486.5 m 562.5 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 390.5 m 202.5 390.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 390.5 m 274.5 390.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 390.5 m 346.5 390.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 390.5 m 418.5 390.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 390.5 m 490.5 390.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 390.5 m 562.5 390.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 358.5 m 202.5 358.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 358.5 m 274.5 358.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 358.5 m 346.5 358.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 358.5 m 418.5 358.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 358.5 m 490.5 358.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 358.5 m 562.5 358.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 343.5 m 202.5 343.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 134.5 341.5 m 202.5 341.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 343.5 m 274.5 343.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 341.5 m 274.5 341.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 343.5 m 346.5 343.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 341.5 m 346.5 341.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 343.5 m 418.5 343.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 341.5 m 418.5 341.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 343.5 m 490.5 343.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 341.5 m 490.5 341.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 343.5 m 562.5 343.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 341.5 m 562.5 341.5 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 313.00 737.42 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 721.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 156.90 721.42 Td (Consumer Loans Held for Investment) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.00 721.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 497.00 721.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 143.25 694.42 Td (Securitized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 157.00 683.42 Td (2005) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 215.25 694.42 Td (Securitized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 229.00 683.42 Td (2007) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 281.45 683.42 Td (Unsecuritized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 355.55 694.42 Td (Construction) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 362.30 683.42 Td (Advances) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 433.35 705.42 Td (Consumer ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 430.45 694.42 Td (LoansHeld) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 437.50 683.42 Td (For Sale) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 516.75 683.42 Td (T) Tj ET Q q 0 0 0 rg BT 522.70 683.42 Td (otal) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 668.37 Td (Asset Class) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 652.37 Td (Credit Quality Indicator \(FICO score\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 636.37 Td (Chattel loans) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 620.37 Td (0-619) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 137.00 619.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 181.80 619.42 Td (465) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 209.00 619.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.80 619.42 Td (354) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 281.00 619.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 325.80 619.42 Td (330) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.00 619.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 619.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 425.00 619.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 619.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 497.00 619.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 619.42 Td (1,149) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 604.37 Td (620-719) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 168.05 603.42 Td (10,102) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.55 603.42 Td (7,107) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 317.55 603.42 Td (8,587) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 603.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 469.80 603.42 Td (245) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 603.42 Td (26,041) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 588.37 Td (720+) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 168.05 587.42 Td (10,594) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.55 587.42 Td (6,410) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 312.05 587.42 Td (1) Tj ET Q q 0 0 0 rg BT 317.55 587.42 Td (1,285) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 587.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 469.80 587.42 Td (155) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 587.42 Td (28,444) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 572.37 Td (Other) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 571.42 Td (49) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 259.30 571.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 325.80 571.42 Td (403) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 571.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 571.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 571.42 Td (452) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 556.37 Td (Subtotal) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 168.05 555.42 Td (21,210) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 240.05 555.42 Td (13,871) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 312.05 555.42 Td (20,605) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 555.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 469.80 555.42 Td (400) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 555.42 Td (56,086) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 540.37 Td (Conforming mortgages) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 524.37 Td (0-619) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 523.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 259.30 523.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 325.80 523.42 Td (156) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 397.80 523.42 Td (141) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 469.80 523.42 Td (179) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 523.42 Td (476) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 508.37 Td (620-719) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 507.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 259.30 507.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 317.55 507.42 Td (2,137) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.55 507.42 Td (6,428) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 461.55 507.42 Td (6,479) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 507.42 Td (15,044) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 492.37 Td (720+) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 491.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 259.30 491.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 325.80 491.42 Td (199) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.55 491.42 Td (4,519) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 461.55 491.42 Td (5,663) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 491.42 Td (10,381) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 476.37 Td (Subtotal) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 475.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 259.30 475.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 317.55 475.42 Td (2,608) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 384.05 475.42 Td (1) Tj ET Q q 0 0 0 rg BT 389.55 475.42 Td (1,088) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 456.05 475.42 Td (12,430) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 475.42 Td (26,126) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 460.37 Td (Non-conforming mortgages) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 444.37 Td (0-619) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 443.42 Td (82) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.80 443.42 Td (405) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 317.55 443.42 Td (1,047) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 443.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 443.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 443.42 Td (1,534) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 428.37 Td (620-719) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 173.55 427.42 Td (1,120) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.55 427.42 Td (4,378) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 317.55 427.42 Td (3,093) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 427.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 427.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 427.42 Td (8,591) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 412.37 Td (720+) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 173.55 411.42 Td (1,348) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.55 411.42 Td (2,526) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 325.80 411.42 Td (395) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 411.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 411.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 411.42 Td (4,269) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 396.37 Td (Other) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 395.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 259.30 395.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 325.80 395.42 Td (282) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 395.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 395.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 395.42 Td (282) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 380.37 Td (Subtotal) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 173.55 379.42 Td (2,550) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.55 379.42 Td (7,309) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 317.55 379.42 Td (4,817) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 379.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 379.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 379.42 Td (14,676) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 364.37 Td (Other loans) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.30 363.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 259.30 363.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 331.30 363.42 Td (1) Tj ET Q q 0 0 0 rg BT 336.80 363.42 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.30 363.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.30 363.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 363.42 Td (1) Tj ET Q q 0 0 0 rg BT 552.80 363.42 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 137.00 347.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 168.05 347.42 Td (23,760) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 209.00 347.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 240.05 347.42 Td (21,180) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 281.00 347.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 312.05 347.42 Td (28,041) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.00 347.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 384.05 347.42 Td (1) Tj ET Q q 0 0 0 rg BT 389.55 347.42 Td (1,088) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 425.00 347.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 456.05 347.42 Td (12,830) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 497.00 347.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 347.42 Td (96,899) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 308.80 Td (Loan contracts secured by collateral that is geographically concentrated could experience higher rates of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 295.60 Td (delinquencies, default and foreclosure losses than loan contracts secured by collateral that is more geographically ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 282.40 Td (dispersed. ) Tj ET Q q 0 0 0 rg BT 96.44 282.40 Td (As of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.33 282.40 Td (September 29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.62 282.40 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 216.62 282.40 Td (44.7%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.03 282.40 Td ( of the outstanding principal balance of the consumer loans receivable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 269.20 Td (portfolio is concentrated in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 171.38 269.20 Td (T) Tj ET Q q 0 0 0 rg BT 177.33 269.20 Td (exas) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 196.87 269.20 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 218.25 269.20 Td (10.6%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 246.67 269.20 Td ( is concentrated in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 329.75 269.20 Td (Florida) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 361.52 269.20 Td (. ) Tj ET Q q 0 0 0 rg BT 366.42 269.20 Td (As of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 393.30 269.20 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 463.26 269.20 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.76 269.20 Td (44.2%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 497.18 269.20 Td ( of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 256.00 Td (outstanding principal balance of the consumer loans receivable portfolio was concentrated in ) Tj ET Q q 0 0 0 rg BT 460.93 256.00 Td (T) Tj ET Q q 0 0 0 rg BT 466.88 256.00 Td (exas and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 507.81 256.00 Td (1) Tj ET Q q 0 0 0 rg BT 512.90 256.00 Td (1.0%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 535.82 256.00 Td ( was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 242.80 Td (concentrated in Florida. Other than ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 206.80 242.80 Td (T) Tj ET Q q 0 0 0 rg BT 212.75 242.80 Td (exas) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 232.30 242.80 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.68 242.80 Td (Florida) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 285.46 242.80 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 290.96 242.80 Td (no) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 301.96 242.80 Td ( other state had concentrations in excess of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 493.17 242.80 Td (10%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.33 242.80 Td ( of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 229.60 Td (principal balance of the consumer loans receivable as of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 299.53 229.60 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 387.82 229.60 Td ( or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 402.48 229.60 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 472.44 229.60 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 207.40 Td (Collateral for repossessed loans is acquired through foreclosure or similar proceedings and is recorded at the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 194.20 Td (estimated fair value of the home, less the costs to sell. ) Tj ET Q q 0 0 0 rg BT 289.19 194.20 Td (At repossession, the fair value of the collateral is computed ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 181.00 Td (based on the historical recovery rates of previously char) Tj ET Q q 0 0 0 rg BT 295.99 181.00 Td (ged-of) Tj ET Q q 0 0 0 rg BT 324.50 181.00 Td (f loans; the loan is char) Tj ET Q q 0 0 0 rg BT 426.63 181.00 Td (ged of) Tj ET Q q 0 0 0 rg BT 454.22 181.00 Td (f and the loss is ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 167.80 Td (recorded to allowance for loan losses. On a monthly basis, the fair value of the collateral is adjusted to the lower of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 154.60 Td (the amount recorded at repossession or the estimated sales price less estimated costs to sell, based on current ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 141.40 Td (information. Repossessed homes totaled approximately ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.23 141.40 Td ($1.9 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 350.01 141.40 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 371.39 141.40 Td ($1.5 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 425.17 141.40 Td ( as of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 451.75 141.40 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 540.04 141.40 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 128.20 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 119.96 128.20 Td (, respectively) Tj ET Q q 0 0 0 rg BT 177.89 128.20 Td (, and are included in Prepaid expenses and other current assets in the Consolidated ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 115.00 Td (Balance Sheet. Foreclosure or similar proceedings in progress totaled approximately ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 424.19 115.00 Td ($1.4 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 477.97 115.00 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 499.36 115.00 Td ($1.1 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 553.14 115.00 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 101.80 Td (as of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 73.83 101.80 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 162.12 101.80 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 183.50 101.80 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.46 101.80 Td (, respectively) Tj ET Q q 0 0 0 rg BT 311.38 101.80 Td (.) Tj ET Q endstream endobj 37 0 obj <>] /Rotate 0 /Contents 38 0 R>> endobj 38 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (16) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 741.60 Td (7. Commer) Tj ET Q q 0 0 0 rg BT 102.34 741.60 Td (cial Loans Receivable and ) Tj ET Q q 0 0 0 rg BT 226.40 741.60 Td (Allowance for) Tj ET Q q 0 0 0 rg BT 291.88 741.60 Td ( Loan Losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 719.40 Td (The Company's commercial loans receivable balance consists of two classes: \(i\)direct financing arrangements ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 706.20 Td (for the home product needs of our independent retailers, communities and developers; and \(ii\) amounts loaned by ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 693.00 Td (the Company under participation financing programs.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 670.80 Td (Under the terms of the direct programs, the Company provides funds for independent retailers, communities ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 657.60 Td (and developers' financed home purchases. Notes are secured by the homes as collateral and, in some instances, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 644.40 Td (other security depending on the circumstances. ) Tj ET Q q 0 0 0 rg BT 259.04 644.40 Td (The other terms of direct arrangements vary depending on the needs ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 631.20 Td (of the borrower and the opportunity for the Company) Tj ET Q q 0 0 0 rg BT 283.90 631.20 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 609.00 Td (Under the terms of the participation programs, the Company provides loans to independent floor plan lenders, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 595.80 Td (representing a significant portion of the funds that such financiers then lend to retailers to finance their inventory ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 582.60 Td (purchases. ) Tj ET Q q 0 0 0 rg BT 98.67 582.60 Td (The participation commercial loan receivables are unsecured general obligations of the independent floor ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 569.40 Td (plan lenders.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 547.20 Td (Commercial loans receivable, net, consisted of the following by class of financing notes receivable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 534.00 Td (\(inthousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 496.50 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 496.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 496.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 496.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 464.50 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 464.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 464.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 464.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 432.50 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 432.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 432.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 432.50 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 496.5 m 483.5 496.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 496.5 m 562.5 496.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 432.5 m 483.5 432.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 432.5 m 562.5 432.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 417.5 m 483.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 415.5 m 483.5 415.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 417.5 m 562.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 415.5 m 562.5 415.5 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 512.42 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 501.42 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 512.42 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 501.42 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 486.37 Td (Direct loans receivable) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 485.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 485.42 Td (33,606) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 485.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 485.42 Td (16,368) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 470.37 Td (Participation loans receivable) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.80 469.42 Td (513) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 469.42 Td (275) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 454.37 Td (Allowance for loan losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 459.10 453.42 Td (\(135) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 453.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 543.60 453.42 Td (\(42) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 453.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 438.37 Td (Deferred financing fees, net) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 459.10 437.42 Td (\(155) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 437.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.30 437.17 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 421.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 421.42 Td (33,829) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 421.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 421.42 Td (16,601) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 394.80 Td (The commercial loans receivable balance had the following characteristics:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 357.30 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 357.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 357.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 357.30 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 357.3 m 483.5 357.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 357.3 m 562.5 357.3 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 373.22 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 362.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 373.22 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 362.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 346.22 Td (W) Tj ET Q q 0 0 0 rg BT 62.94 346.22 Td (eighted average contractual interest rate) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 460.05 346.22 Td (5.9) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 473.80 346.22 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 539.05 346.22 Td (4.6) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 552.80 346.22 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 330.22 Td (W) Tj ET Q q 0 0 0 rg BT 62.50 330.22 Td (eighted average months to maturity) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 474.50 330.22 Td (5) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 553.50 330.22 Td (6) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 303.60 Td (The Company evaluates the potential for loss from its participation loan programs based on each independent ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 290.40 Td (lender's overall financial stability) Tj ET Q q 0 0 0 rg BT 195.74 290.40 Td (, as well as historical experience, and has determined that an allowance for loan ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 277.20 Td (losses was not needed at ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 160.28 277.20 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 248.57 277.20 Td ( or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 263.23 277.20 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 333.19 277.20 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 255.00 Td (W) Tj ET Q q 0 0 0 rg BT 77.94 255.00 Td (ith respect to direct programs with communities and developers, borrower activity is monitored on a regular ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 241.80 Td (basis and contractual arrangements are in place to provide adequate loss mitigation in the event of a default. For ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 228.60 Td (direct programs with independent retailers, the risk of loss is spread over numerous borrowers. Borrower activity is ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 215.40 Td (monitored in conjunction with third-party service providers, where applicable, to estimate the potential for loss on ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 202.20 Td (the related notes receivable, considering potential exposures, including repossession costs, remarketing expenses, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 189.00 Td (impairment of value and the risk of collateral loss. ) Tj ET Q q 0 0 0 rg BT 274.01 189.00 Td (The Company has historically been able to resell repossessed ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 175.80 Td (unused homes, thereby mitigating loss experience. If a default occurs and collateral is lost, the Company is exposed ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 162.60 Td (to loss of the full value of the home loan. If the Company determines that it is probable that a borrower will default, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 149.40 Td (a specific reserve is determined and recorded within the estimated allowance for loan losses. ) Tj ET Q q 0 0 0 rg BT 459.40 149.40 Td (The Company ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 136.20 Td (recorded an allowance for loan losses of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 229.90 136.20 Td ($135,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 271.15 136.20 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 292.53 136.20 Td ($242,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 333.78 136.20 Td ( at ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 347.22 136.20 Td (September29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 435.51 136.20 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 456.89 136.20 Td (September30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 545.18 136.20 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 123.00 Td (respectively) Tj ET Q q 0 0 0 rg BT 102.43 123.00 Td (. ) Tj ET Q endstream endobj 39 0 obj <>] /Rotate 0 /Contents 40 0 R>> endobj 40 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (17) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (The following table represents changes in the estimated allowance for loan losses, including related additions ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (and deductions to the allowance for loan losses applicable to the direct programs \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 674.70 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 674.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 674.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 674.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 674.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 674.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 674.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 674.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 633.70 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 633.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 633.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 633.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 633.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 633.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 633.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 633.70 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 701.7 m 325.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 701.7 m 404.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 701.7 m 483.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 701.7 m 562.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 674.7 m 325.5 674.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 701.7 m 329.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 674.7 m 404.5 674.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 674.7 m 483.5 674.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 701.7 m 487.5 701.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 674.7 m 562.5 674.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 674.7 m 325.5 674.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 674.7 m 404.5 674.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 674.7 m 483.5 674.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 674.7 m 562.5 674.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 617.7 m 325.5 617.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 617.7 m 404.5 617.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 617.7 m 483.5 617.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 617.7 m 562.5 617.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 617.7 m 325.5 617.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 602.7 m 325.5 602.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 600.7 m 325.5 600.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 617.7 m 404.5 617.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 602.7 m 404.5 602.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 600.7 m 404.5 600.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 617.7 m 483.5 617.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 602.7 m 483.5 602.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 600.7 m 483.5 600.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 617.7 m 562.5 617.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 602.7 m 562.5 602.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 600.7 m 562.5 600.7 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 280.55 706.62 Td (Three Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 444.05 706.62 Td (Six Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 255.70 690.62 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 276.50 679.62 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 334.70 690.62 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 355.50 679.62 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 690.62 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 679.62 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 492.70 690.62 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 679.62 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 664.57 Td (Balance at beginning of period) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 663.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 304.80 663.62 Td (1) Tj ET Q q 0 0 0 rg BT 310.30 663.62 Td (13) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 663.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 383.80 663.62 Td (222) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 663.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 663.62 Td (42) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 663.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 663.62 Td (210) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 648.57 Td (Provision for inventory finance credit) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 637.57 Td (losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 310.30 638.62 Td (22) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 638.62 Td (20) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 638.62 Td (93) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 638.62 Td (32) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 623.57 Td (Loans char) Tj ET Q q 0 0 0 rg BT 101.46 623.57 Td (ged of) Tj ET Q q 0 0 0 rg BT 129.06 623.57 Td (f, net of recoveries) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 310.30 622.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 622.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 622.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 622.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 607.57 Td (Balance at end of period) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 606.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 304.80 606.62 Td (135) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 606.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 383.80 606.62 Td (242) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 606.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.80 606.62 Td (135) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 606.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 606.62 Td (242) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 580.00 Td (The following table disaggregates commercial loans receivable and the estimated allowance for loan losses for ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 566.80 Td (each class of financing receivable by evaluation methodology \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 513.30 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 513.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 513.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 513.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 513.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 513.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 513.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 513.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 481.30 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 481.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 481.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 481.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 481.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 481.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 481.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 481.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 449.30 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 449.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 449.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 449.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 449.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 449.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 449.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 449.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 417.30 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 417.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 417.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 417.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 417.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 417.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 417.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 417.30 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 540.3 m 325.5 540.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 540.3 m 329.5 540.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 540.3 m 404.5 540.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 540.3 m 483.5 540.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 540.3 m 487.5 540.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 540.3 m 562.5 540.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 540.3 m 325.5 540.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 513.3 m 325.5 513.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 540.3 m 329.5 540.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 540.3 m 404.5 540.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 513.3 m 404.5 513.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 540.3 m 483.5 540.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 513.3 m 483.5 513.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 540.3 m 487.5 540.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 540.3 m 562.5 540.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 513.3 m 562.5 513.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 465.3 m 325.5 465.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 465.3 m 404.5 465.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 465.3 m 483.5 465.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 465.3 m 562.5 465.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 450.3 m 325.5 450.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 448.3 m 325.5 448.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 450.3 m 404.5 450.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 448.3 m 404.5 448.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 450.3 m 483.5 450.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 448.3 m 483.5 448.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 450.3 m 562.5 450.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 448.3 m 562.5 448.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 401.3 m 325.5 401.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 401.3 m 404.5 401.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 401.3 m 483.5 401.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 401.3 m 562.5 401.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 386.3 m 325.5 386.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 384.3 m 325.5 384.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 386.3 m 404.5 386.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 384.3 m 404.5 384.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 386.3 m 483.5 386.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 384.3 m 483.5 384.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 386.3 m 562.5 386.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 384.3 m 562.5 384.3 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.85 545.22 Td (DirectCommercial Loans) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.50 545.22 Td (ParticipationCommercial Loans) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 255.70 529.22 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 276.50 518.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 343.85 529.22 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 355.50 518.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 529.22 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 518.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 529.22 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 518.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 503.17 Td (Inventory finance notes receivable:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 487.17 Td (Collectively evaluated for impairment) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 486.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 486.22 Td (13,415) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 486.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.55 486.22 Td (4,193) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 486.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 486.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 486.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 486.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 471.17 Td (Individually evaluated for impairment) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 470.22 Td (20,191) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 370.05 470.22 Td (12,175) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.80 470.22 Td (513) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 470.22 Td (275) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 454.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 454.22 Td (33,606) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 454.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 370.05 454.22 Td (16,368) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 454.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.80 454.22 Td (513) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 454.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 454.22 Td (275) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 439.17 Td (Allowance for loan losses:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 423.17 Td (Collectively evaluated for impairment) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 422.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 301.10 422.22 Td (\(135) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 321.30 422.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 422.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 385.60 422.22 Td (\(42) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.30 422.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 422.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 422.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 422.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 422.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 407.17 Td (Individually evaluated for impairment) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 310.30 406.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 406.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 406.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 406.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 390.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 301.10 390.22 Td (\(135) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 321.30 390.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 390.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 385.60 390.22 Td (\(42) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.30 390.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 390.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 390.22 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 390.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 390.22 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 363.60 Td (Loans are subject to regular review and are given management's attention whenever a problem situation appears ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 350.40 Td (to be developing. Loans with indicators of potential performance problems are placed on watch list status and are ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 337.20 Td (subject to additional monitoring and scrutiny) Tj ET Q q 0 0 0 rg BT 246.95 337.20 Td (. Nonperforming status includes loans accounted for on a non-accrual ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 324.00 Td (basis and accruing loans with principal payments past due ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 308.13 324.00 Td (90 days or more) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 379.31 324.00 Td (. ) Tj ET Q q 0 0 0 rg BT 384.61 324.00 Td (The Company's policy is to place loans ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 310.80 Td (on nonaccrual status when interest is past due and remains unpaid ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 342.34 310.80 Td (90 days or more) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.52 310.80 Td ( or when there is a clear ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 297.60 Td (indication that the borrower has the inability or unwillingness to meet payments as they become due. ) Tj ET Q q 0 0 0 rg BT 496.11 297.60 Td (The Company ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 284.40 Td (will resume accrual of interest once these factors have been remedied. ) Tj ET Q q 0 0 0 rg BT 360.30 284.40 Td (At ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 374.05 284.40 Td (September29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.34 284.40 Td (, there are no ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 271.20 Td (commercial loans that are ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 166.06 271.20 Td (90 days or more) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 237.24 271.20 Td ( past due that are still accruing interest. Payments received on nonaccrual ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 258.00 Td (loans are recorded on a cash basis, first to interest and then to principal. ) Tj ET Q q 0 0 0 rg BT 367.07 258.00 Td (At ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 380.82 258.00 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 469.11 258.00 Td (, the Company was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 244.80 Td (not aware of any potential problem loans that would have a material ef) Tj ET Q q 0 0 0 rg BT 360.74 244.80 Td (fect on the commercial loans receivable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 231.60 Td (balance. Char) Tj ET Q q 0 0 0 rg BT 110.27 231.60 Td (ge-of) Tj ET Q q 0 0 0 rg BT 133.28 231.60 Td (fs occur when it becomes probable that outstanding amounts will not be recovered.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 209.40 Td (The following table disaggregates the Company's inventory finance receivables by class and credit quality ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 196.20 Td (indicator \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 142.70 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 142.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 142.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 142.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 142.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 142.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 142.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 142.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 110.70 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 110.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 110.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 110.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 110.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 110.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 110.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 110.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 78.70 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 78.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 78.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 78.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 78.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 78.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 78.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 78.70 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 169.70000000000005 m 325.5 169.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 169.70000000000005 m 329.5 169.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 169.70000000000005 m 404.5 169.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 169.70000000000005 m 483.5 169.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 169.70000000000005 m 487.5 169.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 169.70000000000005 m 562.5 169.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 169.70000000000005 m 325.5 169.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 142.70000000000005 m 325.5 142.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 169.70000000000005 m 329.5 169.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 169.70000000000005 m 404.5 169.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 142.70000000000005 m 404.5 142.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 169.70000000000005 m 483.5 169.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 142.70000000000005 m 483.5 142.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 169.70000000000005 m 487.5 169.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 169.70000000000005 m 562.5 169.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 142.70000000000005 m 562.5 142.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 78.70000000000005 m 325.5 78.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 78.70000000000005 m 404.5 78.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 78.70000000000005 m 483.5 78.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 78.70000000000005 m 562.5 78.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 63.700000000000045 m 325.5 63.700000000000045 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 61.700000000000045 m 325.5 61.700000000000045 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 63.700000000000045 m 404.5 63.700000000000045 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 61.700000000000045 m 404.5 61.700000000000045 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 63.700000000000045 m 483.5 63.700000000000045 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 61.700000000000045 m 483.5 61.700000000000045 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 63.700000000000045 m 562.5 63.700000000000045 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 61.700000000000045 m 562.5 61.700000000000045 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.85 174.62 Td (DirectCommercial Loans) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.50 174.62 Td (ParticipationCommercial Loans) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 255.70 158.62 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 276.50 147.62 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 343.85 158.62 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 355.50 147.62 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 158.62 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 147.62 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 158.62 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 147.62 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 132.57 Td (Risk profile based on payment activity:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 116.57 Td (Performing) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 115.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 115.62 Td (33,606) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 115.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 370.05 115.62 Td (16,368) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 115.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.80 115.62 Td (513) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 115.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 115.62 Td (275) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 100.57 Td (W) Tj ET Q q 0 0 0 rg BT 62.94 100.57 Td (atch list) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 310.30 99.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 99.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 99.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 99.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 84.57 Td (Nonperforming) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 310.30 83.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 83.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 83.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 83.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 67.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 67.62 Td (33,606) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 67.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 370.05 67.62 Td (16,368) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 67.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.80 67.62 Td (513) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 67.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 67.62 Td (275) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 41 0 obj <>] /Rotate 0 /Contents 42 0 R>> endobj 42 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (18) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (The Company has concentrations of commercial loans receivable related to factory-built homes in excess of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (10% located in the following states, measured as a percentage of commercial loans receivables principal balance ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 715.00 Td (outstanding:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 677.50 345.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 677.50 72.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 677.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 677.50 73.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 645.50 345.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 645.50 72.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 645.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 645.50 73.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 677.5 m 467.5 677.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 677.5 m 544.5 677.5 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 399.20 693.42 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 420.00 682.42 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 484.85 693.42 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 496.50 682.42 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 666.42 Td (California) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 438.55 666.42 Td (22.1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 457.80 666.42 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 515.55 666.42 Td (14.4) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 534.80 666.42 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 651.37 Td (Arizona) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 438.55 650.42 Td (13.0) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 457.80 650.42 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 515.55 650.42 Td (16.7) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 534.80 650.42 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 635.37 Td (T) Tj ET Q q 0 0 0 rg BT 58.95 635.37 Td (exas) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 438.55 634.42 Td (10.7) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 457.80 634.42 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 521.05 634.42 Td (9.0) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 534.80 634.42 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 618.42 Td (Oregon) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 438.55 618.42 Td (10.0) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 457.80 618.42 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 515.55 618.42 Td (14.7) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 534.80 618.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 591.80 Td (The risks created by these concentrations have been considered in the determination of the adequacy of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 578.60 Td (allowance for loan losses. ) Tj ET Q q 0 0 0 rg BT 166.18 578.60 Td (The Company did not have concentrations in excess of 10% of the principal balance of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 565.40 Td (the commercial loans receivables in any other states as of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 305.35 565.40 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 393.64 565.40 Td ( or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 408.30 565.40 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.26 565.40 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 543.20 Td (As of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 94.89 543.20 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 183.18 543.20 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 204.56 543.20 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 274.52 543.20 Td (, the Company had concentrations with one independent third-) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 530.00 Td (party that equaled ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 131.55 530.00 Td (18.4%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 159.96 530.00 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 181.34 530.00 Td (37.4%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 209.76 530.00 Td ( of the principal balance outstanding, respectively) Tj ET Q q 0 0 0 rg BT 428.05 530.00 Td (, all of which was secured.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 502.80 Td (8. Pr) Tj ET Q q 0 0 0 rg BT 72.40 502.80 Td (operty) Tj ET Q q 0 0 0 rg BT 102.34 502.80 Td (, Plant and Equipment) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 480.60 Td (Property) Tj ET Q q 0 0 0 rg BT 105.17 480.60 Td (, plant and equipment, net, consisted of the following \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 443.10 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 443.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 443.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 443.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 411.10 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 411.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 411.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 411.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 379.10 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 379.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 379.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 379.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 347.10 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 347.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 347.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 347.10 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 443.1 m 483.5 443.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 443.1 m 562.5 443.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 379.1 m 483.5 379.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 379.1 m 562.5 379.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 347.1 m 483.5 347.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 347.1 m 562.5 347.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 332.1 m 483.5 332.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 330.1 m 483.5 330.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 332.1 m 562.5 332.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 330.1 m 562.5 330.1 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 459.02 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 448.02 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 459.02 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 448.02 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 432.97 Td (Property) Tj ET Q q 0 0 0 rg BT 90.52 432.97 Td (, plant and equipment, at cost:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 416.97 Td (Land) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 416.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 416.02 Td (24,131) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 416.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 416.02 Td (24,001) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 400.97 Td (Buildings and improvements) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 400.02 Td (41,058) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 400.02 Td (39,613) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 384.97 Td (Machinery and equipment) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 384.02 Td (25,713) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 384.02 Td (24,154) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 368.02 Td (90,902) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 368.02 Td (87,768) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 352.97 Td (Accumulated depreciation) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 445.35 352.02 Td (\(25,794) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 352.02 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 524.35 352.02 Td (\(24,413) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 352.02 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 336.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 336.02 Td (65,108) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 336.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 336.02 Td (63,355) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 309.40 Td (Depreciation expense was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 185.59 309.40 Td ($1.1 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 239.37 309.40 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 260.75 309.40 Td ($2.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.53 309.40 Td ( f) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 320.36 309.40 Td (or the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 348.46 309.40 Td (three and six months ended September 29, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 296.20 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 296.20 Td (, respectively) Tj ET Q q 0 0 0 rg BT 129.93 296.20 Td (. Depreciation expense of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.07 296.20 Td ($884,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 286.32 296.20 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 307.71 296.20 Td ($1.8 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 361.49 296.20 Td ( was recognized during the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 482.75 296.20 Td (three and six ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 283.00 Td (months ended September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 202.45 283.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 260.38 283.00 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 260.80 Td (Included in the amounts above are certain assets under capital leases. See Note ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 417.42 260.80 Td (9) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 422.92 260.80 Td ( for additional information.) Tj ET Q endstream endobj 43 0 obj <>] /Rotate 0 /Contents 44 0 R>> endobj 44 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (19) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 741.60 Td (9. Capital Leases) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 719.40 Td (On ) Tj ET Q q 0 0 0 rg BT 83.59 719.40 Td (April 3, 2017, in connection with the purchase of Lexington Homes, the Company recorded capital leases ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 706.20 Td (on manufacturing facilities and land in Lexington, Mississippi. ) Tj ET Q q 0 0 0 rg BT 329.03 706.20 Td (The following amounts were recorded for the leased ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 693.00 Td (assets as of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 102.24 693.00 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 190.53 693.00 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 211.91 693.00 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 281.87 693.00 Td ( \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 655.50 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 655.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 655.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 655.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 623.50 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 623.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 623.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 623.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 591.50 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 591.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 591.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 591.50 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 655.5 m 483.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 655.5 m 562.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 655.5 m 483.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 655.5 m 562.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 623.5 m 483.5 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 623.5 m 562.5 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 591.5 m 483.5 591.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 591.5 m 562.5 591.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 576.5 m 483.5 576.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 574.5 m 483.5 574.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 576.5 m 562.5 576.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 574.5 m 562.5 574.5 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 671.42 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 660.42 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 671.42 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 660.42 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 645.37 Td (Land) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 644.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.80 644.42 Td (699) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 644.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 644.42 Td (699) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 629.37 Td (Buildings and improvements) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 628.42 Td (1,050) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 628.42 Td (1,050) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 612.42 Td (1,749) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 612.42 Td (1,749) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 597.37 Td (Accumulated amortization) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 464.60 596.42 Td (\(53) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 596.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 543.60 596.42 Td (\(35) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 596.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 581.37 Td (Leased assets, net) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 580.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 580.42 Td (1,696) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 580.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 580.42 Td (1,714) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 553.80 Td (Future minimum payments under the leases as of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 286.73 553.80 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.02 553.80 Td ( were as follows \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 543.30 439.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 543.30 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 513.30 439.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 513.30 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 483.30 439.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 483.30 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 453.30 439.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 453.30 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 423.30 439.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 423.30 73.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 453.3 m 562.5 453.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 423.3 m 562.5 423.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 409.3 m 562.5 409.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 407.3 m 562.5 407.3 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 533.17 Td (FY) Tj ET Q q 0 0 0 rg BT 66.86 533.17 Td ( 2019) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 492.00 533.17 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 533.17 Td (68) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 518.17 Td (FY) Tj ET Q q 0 0 0 rg BT 66.86 518.17 Td ( 2020) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 518.17 Td (766) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 503.17 Td (FY) Tj ET Q q 0 0 0 rg BT 66.86 503.17 Td ( 2021) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 503.17 Td (73) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 488.17 Td (FY) Tj ET Q q 0 0 0 rg BT 66.86 488.17 Td ( 2022) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 488.17 Td (73) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 473.17 Td (FY) Tj ET Q q 0 0 0 rg BT 66.86 473.17 Td ( 2023) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 473.17 Td (73) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 458.17 Td (Thereafter) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 458.17 Td (195) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 443.17 Td (T) Tj ET Q q 0 0 0 rg BT 59.33 443.17 Td (otal remaining lease payments) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 443.17 Td (1,248) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 428.17 Td (Less: ) Tj ET Q q 0 0 0 rg BT 78.67 428.17 Td (Amount representing interest) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 538.10 428.17 Td (\(134) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 428.17 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 413.17 Td (Present value of future minimum lease payments) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 492.00 413.17 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 413.17 Td (1,1) Tj ET Q q 0 0 0 rg BT 547.30 413.17 Td (14) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 381.55 Td (10. Goodwill and Other) Tj ET Q q 0 0 0 rg BT 160.42 381.55 Td ( Intangibles) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 359.35 Td (Goodwill and other intangibles, net, consisted of the following \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 294.85 126.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.50 294.85 59.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 294.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 294.85 65.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 294.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 294.85 59.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 294.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 294.85 59.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 294.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 294.85 65.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 294.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 294.85 59.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 262.85 126.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.50 262.85 59.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 262.85 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 262.85 65.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 262.85 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 262.85 59.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 262.85 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 262.85 59.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 262.85 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 262.85 65.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 262.85 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 262.85 59.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 208.85 126.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.50 208.85 59.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 208.85 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 208.85 65.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 208.85 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 208.85 59.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 208.85 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 208.85 59.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 208.85 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 208.85 65.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 208.85 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 208.85 59.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 165.85 126.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.50 165.85 59.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 165.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 165.85 65.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 165.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 165.85 59.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 165.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 165.85 59.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 165.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 165.85 65.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 165.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 165.85 59.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 133.85 126.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.50 133.85 59.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 133.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 133.85 65.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 133.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 133.85 59.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 133.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 133.85 59.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 133.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 133.85 65.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 133.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 133.85 59.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.5 332.85 m 235.5 332.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235.5 332.85 m 239.5 332.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 332.85 m 304.5 332.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 332.85 m 308.5 332.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 332.85 m 367.5 332.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 332.85 m 430.5 332.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 332.85 m 434.5 332.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 332.85 m 499.5 332.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 332.85 m 503.5 332.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 332.85 m 562.5 332.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.5 294.85 m 235.5 294.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 294.85 m 304.5 294.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 294.85 m 367.5 294.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 294.85 m 430.5 294.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 294.85 m 499.5 294.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 294.85 m 562.5 294.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.5 208.85000000000002 m 235.5 208.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 208.85000000000002 m 304.5 208.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 208.85000000000002 m 367.5 208.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 208.85000000000002 m 430.5 208.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 208.85000000000002 m 499.5 208.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 208.85000000000002 m 562.5 208.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.5 133.85000000000002 m 235.5 133.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 133.85000000000002 m 304.5 133.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 133.85000000000002 m 367.5 133.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 133.85000000000002 m 430.5 133.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 133.85000000000002 m 499.5 133.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 133.85000000000002 m 562.5 133.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.5 118.85000000000002 m 235.5 118.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.5 116.85000000000002 m 235.5 116.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 118.85000000000002 m 304.5 118.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 116.85000000000002 m 304.5 116.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 118.85000000000002 m 367.5 118.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 116.85000000000002 m 367.5 116.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 118.85000000000002 m 430.5 118.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 116.85000000000002 m 430.5 116.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 118.85000000000002 m 499.5 118.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 116.85000000000002 m 499.5 116.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 118.85000000000002 m 562.5 118.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 116.85000000000002 m 562.5 116.85000000000002 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 227.35 337.77 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 431.50 337.77 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 192.65 321.77 Td (Gross) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 185.90 310.77 Td (Carrying) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 187.45 299.77 Td (Amount) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 242.15 310.77 Td (Accumulated) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 242.15 299.77 Td (Amortization) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 329.55 321.77 Td (Net) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 317.90 310.77 Td (Carrying) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 319.45 299.77 Td (Amount) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 387.65 321.77 Td (Gross) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 380.90 310.77 Td (Carrying) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 382.45 299.77 Td (Amount) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 437.15 310.77 Td (Accumulated) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 437.15 299.77 Td (Amortization) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 524.55 321.77 Td (Net) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 512.90 310.77 Td (Carrying) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 514.45 299.77 Td (Amount) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 284.72 Td (Indefinite-lived:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 268.72 Td (Goodwill) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 179.00 267.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 201.00 267.77 Td (72,920) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 242.00 267.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 289.30 267.77 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 311.00 267.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 333.00 267.77 Td (72,920) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 374.00 267.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 396.00 267.77 Td (72,920) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 437.00 267.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 484.30 267.77 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 506.00 267.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.00 267.77 Td (72,920) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 252.72 Td (T) Tj ET Q q 0 0 0 rg BT 77.53 252.72 Td (rademarks and trade) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 80.00 241.72 Td (names) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 206.50 240.77 Td (7,200) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 289.30 240.77 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 338.50 240.77 Td (7,200) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 401.50 240.77 Td (7,200) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 484.30 240.77 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.50 240.77 Td (7,200) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 225.72 Td (State insurance) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 80.00 214.72 Td (licenses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 206.50 213.77 Td (1,100) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 289.30 213.77 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 338.50 213.77 Td (1,100) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 401.50 213.77 Td (1,100) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 484.30 213.77 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.50 213.77 Td (1,100) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 198.72 Td (T) Tj ET Q q 0 0 0 rg BT 77.33 198.72 Td (otal indefinite-lived) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 80.00 187.72 Td (intangible assets) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 201.00 186.77 Td (81,220) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 289.30 186.77 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 333.00 186.77 Td (81,220) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 396.00 186.77 Td (81,220) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 484.30 186.77 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.00 186.77 Td (81,220) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 171.72 Td (Finite lived:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 155.72 Td (Customer relationships) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 206.50 154.77 Td (7,100) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 271.85 154.77 Td (\(5,863) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 300.30 154.77 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 338.50 154.77 Td (1,237) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 401.50 154.77 Td (7,100) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 466.85 154.77 Td (\(5,756) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 495.30 154.77 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.50 154.77 Td (1,344) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 139.72 Td (Other) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 206.50 138.77 Td (1,384) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 280.10 138.77 Td (\(985) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 300.30 138.77 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 346.80 138.77 Td (399) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 401.50 138.77 Td (1,384) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.10 138.77 Td (\(928) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 495.30 138.77 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 138.77 Td (456) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 179.00 122.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 201.00 122.77 Td (89,704) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 242.00 122.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 271.85 122.77 Td (\(6,848) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 300.30 122.77 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 311.00 122.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 333.00 122.77 Td (82,856) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 374.00 122.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 396.00 122.77 Td (89,704) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 437.00 122.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 466.85 122.77 Td (\(6,684) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 495.30 122.77 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 506.00 122.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.00 122.77 Td (83,020) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 100.15 Td (Amortization expense recognized on intangible assets was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 327.34 100.15 Td ($80,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 363.09 100.15 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 384.47 100.15 Td ($164,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 425.72 100.15 Td ( during the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 476.13 100.15 Td (three and six ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 86.95 Td (months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 202.45 86.95 Td (, respectively) Tj ET Q q 0 0 0 rg BT 260.38 86.95 Td (. ) Tj ET Q q 0 0 0 rg BT 265.27 86.95 Td (Amortization expense recognized on intangible assets was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 524.61 86.95 Td ($92,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 560.36 86.95 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 73.75 Td (and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.63 73.75 Td ($184,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 109.88 73.75 Td ( during the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 160.29 73.75 Td (three and six months ended September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 371.69 73.75 Td (, respectively) Tj ET Q q 0 0 0 rg BT 429.62 73.75 Td (.) Tj ET Q endstream endobj 45 0 obj <>] /Rotate 0 /Contents 46 0 R>> endobj 46 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (20) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 741.60 Td (1) Tj ET Q q 0 0 0 rg BT 54.89 741.60 Td (1. ) Tj ET Q q 0 0 0 rg BT 65.29 741.60 Td (Accrued Liabilities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 719.40 Td (Accrued liabilities consisted of the following \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 681.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 681.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 681.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 681.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 649.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 649.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 649.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 649.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 617.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 617.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 617.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 617.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 585.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 585.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 585.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 585.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 553.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 553.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 553.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 553.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 521.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 521.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 521.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 521.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 489.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 489.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 489.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 489.90 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 681.9 m 483.5 681.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 681.9 m 562.5 681.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 681.9 m 562.5 681.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 489.9 m 483.5 489.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 489.9 m 562.5 489.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 474.9 m 483.5 474.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 472.9 m 483.5 472.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 489.9 m 562.5 489.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 474.9 m 562.5 474.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 472.9 m 562.5 472.9 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 697.82 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 686.82 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 697.82 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 686.82 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 670.82 Td (Salaries, wages and benefits) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 670.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 670.82 Td (23,916) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 670.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 670.82 Td (24,416) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 654.82 Td (Customer deposits) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 654.82 Td (22,277) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 654.82 Td (21,294) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 638.82 Td (Unearned insurance premiums) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 638.82 Td (17,804) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 638.82 Td (17,432) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 622.82 Td (Estimated warranties) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 622.82 Td (16,905) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 622.82 Td (16,638) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 606.82 Td (Accrued volume rebates) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 606.82 Td (10,090) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 606.82 Td (7,778) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 590.82 Td (Insurance loss reserves) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 590.82 Td (6,452) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 590.82 Td (6,157) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 574.82 Td (Company repurchase option on certain loans sold) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 574.82 Td (5,749) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 574.82 Td (5,637) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 558.82 Td (Accrued insurance) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 558.82 Td (5,204) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 558.82 Td (5,320) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 542.82 Td (Accrued taxes) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 542.82 Td (2,629) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 542.82 Td (1,986) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 526.82 Td (Reserve for repurchase commitments) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 526.82 Td (2,303) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 526.82 Td (2,207) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 510.82 Td (Capital lease obligation) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 510.82 Td (1,1) Tj ET Q q 0 0 0 rg BT 468.30 510.82 Td (14) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 510.82 Td (1,155) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 494.82 Td (Other) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 494.82 Td (15,640) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 494.82 Td (16,480) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 478.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 478.82 Td (130,083) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 478.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 478.82 Td (126,500) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 447.20 Td (12. ) Tj ET Q q 0 0 0 rg BT 66.30 447.20 Td (W) Tj ET Q q 0 0 0 rg BT 76.69 447.20 Td (arranties) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 425.00 Td (Activity in the liability for estimated warranties was as follows \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 371.45 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 371.45 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 371.45 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 371.45 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 371.45 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 371.45 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 371.45 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 371.45 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 339.45 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 339.45 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 339.45 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 339.45 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 339.45 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 339.45 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 339.45 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 339.45 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 307.45 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 307.45 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 307.45 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 307.45 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 307.45 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 307.45 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 307.45 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 307.45 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 398.45 m 325.5 398.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 398.45 m 404.5 398.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 398.45 m 483.5 398.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 398.45 m 487.5 398.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 398.45 m 562.5 398.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 371.45 m 325.5 371.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 398.45 m 329.5 398.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 371.45 m 404.5 371.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 371.45 m 483.5 371.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 371.45 m 562.5 371.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 307.45 m 325.5 307.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 307.45 m 404.5 307.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 307.45 m 483.5 307.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 307.45 m 562.5 307.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 292.45 m 325.5 292.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 290.45 m 325.5 290.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 292.45 m 404.5 292.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 290.45 m 404.5 290.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 292.45 m 483.5 292.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 290.45 m 483.5 290.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 292.45 m 562.5 292.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 290.45 m 562.5 290.45 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 280.55 403.37 Td (Three Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 444.05 403.37 Td (Six Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 255.70 387.37 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 276.50 376.37 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 334.70 387.37 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 355.50 376.37 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 387.37 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 376.37 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 492.70 387.37 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 376.37 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 361.32 Td (Balance at beginning of period) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 360.37 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 360.37 Td (16,670) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 360.37 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 370.05 360.37 Td (16,316) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 360.37 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 360.37 Td (16,638) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 360.37 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 360.37 Td (15,479) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 345.32 Td (Purchase accounting additions) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 310.30 344.37 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 344.37 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 344.37 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.80 344.37 Td (838) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 329.32 Td (Char) Tj ET Q q 0 0 0 rg BT 74.28 329.32 Td (ged to costs and expenses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.55 328.37 Td (6,713) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.55 328.37 Td (7,399) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 329.32 Td (12,942) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 329.32 Td (12,622) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 313.32 Td (Payments and deductions) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 292.85 312.37 Td (\(6,478) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 321.30 312.37 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 371.85 312.37 Td (\(7,245) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.30 312.37 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 445.35 312.37 Td (\(12,675) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 312.37 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 524.35 312.37 Td (\(12,469) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 312.37 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 297.32 Td (Balance at end of period) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 296.37 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 296.37 Td (16,905) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 296.37 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 370.05 296.37 Td (16,470) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 296.37 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 296.37 Td (16,905) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 296.37 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 296.37 Td (16,470) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 264.75 Td (13. Debt Obligations) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 242.55 Td (Debt obligations primarily consist of amounts related to loans sold that did not qualify for loan sale accounting ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 229.35 Td (treatment. ) Tj ET Q q 0 0 0 rg BT 96.84 229.35 Td (The following table summarizes debt obligations \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 191.85 358.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 191.85 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 191.85 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 191.85 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 148.85 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 148.85 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 148.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 148.85 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 116.85 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 116.85 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 116.85 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 116.85 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 191.85000000000002 m 483.5 191.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 191.85000000000002 m 562.5 191.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 100.85000000000002 m 483.5 100.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 100.85000000000002 m 562.5 100.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 85.85000000000002 m 483.5 85.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 83.85000000000002 m 483.5 83.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 85.85000000000002 m 562.5 85.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 83.85000000000002 m 562.5 83.85000000000002 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 207.77 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 196.77 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 207.77 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 196.77 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 181.72 Td (Acquired securitized financings \(acquired as part of the Palm Harbor) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 170.72 Td (transaction\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 65.00 154.72 Td (Securitized financing 2005-1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 153.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 153.77 Td (19,1) Tj ET Q q 0 0 0 rg BT 468.30 153.77 Td (15) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 153.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 153.77 Td (20,524) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 65.00 138.72 Td (Securitized financing 2007-1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 137.77 Td (20,722) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 137.77 Td (22,552) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 122.72 Td (Other secured financings) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 121.77 Td (4,825) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 121.77 Td (4,966) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 106.72 Td (Secured credit facilities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 105.77 Td (1) Tj ET Q q 0 0 0 rg BT 454.55 105.77 Td (1,466) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 105.77 Td (1) Tj ET Q q 0 0 0 rg BT 533.55 105.77 Td (1,770) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 89.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 89.77 Td (56,128) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 89.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 89.77 Td (59,812) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 67.15 Td (Acquired securitized financings were recorded at fair value at the time of acquisition, which resulted in a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 53.95 Td (discount, and subsequently are accounted for in a manner similar to ) Tj ET Q q 0 0 0 rg BT 349.36 53.95 Td (ASC 310-30 to accrete the discount.) Tj ET Q endstream endobj 47 0 obj <>] /Rotate 0 /Contents 48 0 R>> endobj 48 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (21) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (The following table summarizes acquired securitized financings \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 703.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 703.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 703.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 703.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 671.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 671.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 671.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 671.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 639.90 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 639.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 639.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 639.90 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 703.9 m 483.5 703.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 703.9 m 562.5 703.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 639.9 m 483.5 639.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 639.9 m 562.5 639.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 624.9 m 483.5 624.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 622.9 m 483.5 622.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 624.9 m 562.5 624.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 622.9 m 562.5 622.9 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 719.82 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 708.82 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 719.82 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 708.82 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 693.77 Td (Securitized financings contractual amount) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 692.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 692.82 Td (41,671) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 692.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 692.82 Td (46,591) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 677.77 Td (Purchase discount) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 661.77 Td (Accretable) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 450.85 660.82 Td (\(1,834) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 660.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 529.85 660.82 Td (\(3,515) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 660.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 645.77 Td (Non-accretable \(1\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 644.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 644.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 629.77 Td (T) Tj ET Q q 0 0 0 rg BT 58.95 629.77 Td (otal acquired securitized financings, net) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 628.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 628.82 Td (39,837) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 628.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 628.82 Td (43,076) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 602.20 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 83.38 602.20 Td (There is no non-accretable dif) Tj ET Q q 0 0 0 rg BT 215.11 602.20 Td (ference, as the contractual payments on acquired securitized financing are ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 589.00 Td (determined by the cash collections from the underlying loans.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 566.80 Td (Over the life of the loans, the Company continues to estimate cash flows expected to be paid on securitized ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 553.60 Td (financings. ) Tj ET Q q 0 0 0 rg BT 101.12 553.60 Td (The Company evaluates at the balance sheet date whether the present value of its securitized financings, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 540.40 Td (determined using the ef) Tj ET Q q 0 0 0 rg BT 153.35 540.40 Td (fective interest rate, has increased or decreased. ) Tj ET Q q 0 0 0 rg BT 365.40 540.40 Td (The present value of any subsequent change ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 527.20 Td (in cash flows expected to be paid adjusts the amount of accretable yield recognized on a prospective basis over the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 514.00 Td (securitized financing's remaining life.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 491.80 Td (The changes in accretable yield on securitized financings were as follows \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 438.30 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 438.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 438.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 438.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 438.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 438.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 438.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 438.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 406.30 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 406.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 406.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 406.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 406.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 406.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 406.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 406.30 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 465.3 m 325.5 465.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 465.3 m 404.5 465.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 465.3 m 483.5 465.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 465.3 m 487.5 465.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 465.3 m 562.5 465.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 438.3 m 325.5 438.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 465.3 m 329.5 465.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 438.3 m 404.5 438.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 465.3 m 483.5 465.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 438.3 m 483.5 438.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 465.3 m 562.5 465.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 438.3 m 562.5 438.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 438.3 m 483.5 438.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 438.3 m 562.5 438.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 390.3 m 325.5 390.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 375.3 m 325.5 375.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 373.3 m 325.5 373.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 390.3 m 404.5 390.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 375.3 m 404.5 375.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 373.3 m 404.5 373.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 390.3 m 483.5 390.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 375.3 m 483.5 375.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 373.3 m 483.5 373.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 390.3 m 562.5 390.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 375.3 m 562.5 375.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 373.3 m 562.5 373.3 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 280.55 470.22 Td (Three Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 444.05 470.22 Td (Six Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 255.70 454.22 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 276.50 443.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 334.70 454.22 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 355.50 443.22 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 454.22 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 443.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 492.70 454.22 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 443.22 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 428.17 Td (Balance at the beginning of the period) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 427.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.55 427.22 Td (2,697) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 427.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.55 427.22 Td (6,666) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 427.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 427.22 Td (3,515) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 427.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 427.22 Td (7,636) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 412.17 Td (Accretion) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 301.10 411.22 Td (\(774) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 321.30 411.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 380.10 411.22 Td (\(846) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.30 411.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 450.85 411.22 Td (\(1,577) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 411.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 529.85 411.22 Td (\(1,716) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 411.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 396.17 Td (Adjustment to cash flows) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 306.60 395.22 Td (\(89) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 321.30 395.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 380.10 395.22 Td (\(1) Tj ET Q q 0 0 0 rg BT 389.26 395.22 Td (1) Tj ET Q q 0 0 0 rg BT 394.76 395.22 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.30 395.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 459.10 395.22 Td (\(104) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 395.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 538.10 395.22 Td (\(21) Tj ET Q q 0 0 0 rg BT 552.76 395.22 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 395.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 380.17 Td (Balance at the end of the period) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 379.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.55 379.22 Td (1,834) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 379.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.55 379.22 Td (5,709) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 379.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 379.22 Td (1,834) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 379.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 379.22 Td (5,709) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 352.60 Td (Prior to the ) Tj ET Q q 0 0 0 rg BT 119.64 352.60 Td (Acquisition Date, CountryPlace completed its initial securitization \(2005-1\), which was structured ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 339.40 Td (as a securitized borrowing. ) Tj ET Q q 0 0 0 rg BT 170.66 339.40 Td (At the balance sheet dates of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 299.55 339.40 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 387.84 339.40 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 409.22 339.40 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.18 339.40 Td (, only Class) Tj ET Q q 0 0 0 rg BT 532.96 339.40 Td (A-4, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 326.20 Td (originally totaling ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 131.88 326.20 Td ($27.4 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 191.16 326.20 Td ( with a coupon rate of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 290.13 326.20 Td (5.20%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.54 326.20 Td (, remained outstanding, with a call date in January ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 313.00 Td (2019. ) Tj ET Q q 0 0 0 rg BT 76.89 313.00 Td (Additionally) Tj ET Q q 0 0 0 rg BT 131.79 313.00 Td (, CountryPlace completed its second securitized borrowing \(2007-1\), of which only Class) Tj ET Q q 0 0 0 rg BT 527.71 313.00 Td (A-4 ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 299.80 Td (originally totaling ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 131.88 299.80 Td ($25.1 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 191.16 299.80 Td ( with a coupon rate of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 290.13 299.80 Td (5.846%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 324.04 299.80 Td ( remained outstanding at ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 435.23 299.80 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 523.52 299.80 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 286.60 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 119.96 286.60 Td (, with a call date in July 2019. It is anticipated that the Company will purchase or refinance these ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 273.40 Td (outstanding facilities at or prior to their call dates.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 251.20 Td (CountryPlace's securitized debt is subject to provisions that require certain levels of overcollateralization. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 238.00 Td (Overcollateralization is equal to CountryPlace's equity in the bonds. Failure to satisfy these provisions could cause ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 224.80 Td (cash, which would normally be distributed to CountryPlace, to be used for repayment of the principal of the related ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 211.60 Td (Class ) Tj ET Q q 0 0 0 rg BT 75.98 211.60 Td (A) Tj ET Q q 0 0 0 rg BT 83.32 211.60 Td ( bonds until the required overcollateralization level is reached. During periods when the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 198.40 Td (overcollateralization is below the specified level, cash collections from the securitized loans in excess of servicing ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 185.20 Td (fees payable to CountryPlace and amounts owed to the Class ) Tj ET Q q 0 0 0 rg BT 320.05 185.20 Td (A) Tj ET Q q 0 0 0 rg BT 327.39 185.20 Td ( bondholders, trustee and surety) Tj ET Q q 0 0 0 rg BT 466.89 185.20 Td (, are applied to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 172.00 Td (reduce the Class ) Tj ET Q q 0 0 0 rg BT 124.23 172.00 Td (A) Tj ET Q q 0 0 0 rg BT 131.57 172.00 Td ( debt until such time overcollateralization reaches the specified level. ) Tj ET Q q 0 0 0 rg BT 438.32 172.00 Td (Therefore, failure to meet ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 158.80 Td (the overcollateralization requirement could adversely af) Tj ET Q q 0 0 0 rg BT 295.66 158.80 Td (fect the timing of cash flows received by CountryPlace. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 145.60 Td (However) Tj ET Q q 0 0 0 rg BT 89.88 145.60 Td (, principal payments of the securitized debt, including accelerated amounts, is payable only from cash ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 132.40 Td (collections from the securitized loans and no additional sources of repayment are required or permitted. ) Tj ET Q q 0 0 0 rg BT 507.56 132.40 Td (As of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 119.20 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 138.29 119.20 Td (, the 2005-1 and 2007-1 securitized portfolios were within the required overcollateralization ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 106.00 Td (level.) Tj ET Q endstream endobj 49 0 obj <>] /Rotate 0 /Contents 50 0 R>> endobj 50 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (22) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (The Company has entered into secured credit facilities with independent third party banks with draw periods ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (from one to fifteen months and maturity dates of ten years after the expiration of the draw periods. ) Tj ET Q q 0 0 0 rg BT 485.69 728.20 Td (The proceeds are ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 715.00 Td (used by the Company to originate and hold consumer home-only loans secured by manufactured homes, which are ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 701.80 Td (pledged as collateral to the facilities. Upon completion of the draw down period, the facilities are converted into an ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 688.60 Td (amortizing loan based on a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 171.27 688.60 Td (20 or 25 year amortization period with a balloon payment due upon maturity) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 507.80 688.60 Td (. ) Tj ET Q q 0 0 0 rg BT 513.10 688.60 Td (The ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 675.40 Td (maximum advance for loans under this program is ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 274.22 675.40 Td (80%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 294.38 675.40 Td ( of the outstanding collateral principal balance, with the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 662.20 Td (Company providing the remaining funds. ) Tj ET Q q 0 0 0 rg BT 233.92 662.20 Td (As of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 260.81 662.20 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 349.10 662.20 Td (, the outstanding balance of the converted loans ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 649.00 Td (was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 69.86 649.00 Td ($1) Tj ET Q q 0 0 0 rg BT 80.45 649.00 Td (1.5 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 128.73 649.00 Td ( at a weighted average interest rate of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.09 649.00 Td (4.9%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 319.00 649.00 Td (, with ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 346.81 649.00 Td ($5.0 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.59 649.00 Td ( available to draw) Tj ET Q q 0 0 0 rg BT 478.37 649.00 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 483.26 649.00 Td (Amounts drawn ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 635.80 Td (bear interest at 5.15%. Once converted, the initial annual interest rate of 5.15% will adjust every 5 years beginning ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 622.60 Td (in 2024 to Prime plus 0.40%. ) Tj ET Q q 0 0 0 rg BT 181.19 622.60 Td (The per annum interest rate will never be less than 5.00% or greater than 6.00%.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 535.20 622.60 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 595.40 Td (14. Reinsurance) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 573.20 Td (Standard Casualty is primarily a specialty writer of manufactured home physical damage insurance. Certain of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 560.00 Td (Standard Casualty's premiums and benefits are assumed from and ceded to other insurance companies under various ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 546.80 Td (reinsurance agreements. ) Tj ET Q q 0 0 0 rg BT 158.83 546.80 Td (The ceded reinsurance agreements provide Standard Casualty with increased capacity to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 533.60 Td (write lar) Tj ET Q q 0 0 0 rg BT 86.75 533.60 Td (ger risks and maintain its exposure to loss within its capital resources. Standard Casualty remains obligated ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 520.40 Td (for amounts ceded in the event that the reinsurers do not meet their obligations. Substantially all of Standard ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 507.20 Td (Casualty's assumed reinsurance is with one entity) Tj ET Q q 0 0 0 rg BT 266.94 507.20 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 485.00 Td (The ef) Tj ET Q q 0 0 0 rg BT 96.20 485.00 Td (fects of reinsurance on premiums written and earned are as follows \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 417.50 199.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 417.50 74.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 417.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 417.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 417.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 417.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 417.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 417.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 385.50 199.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 385.50 74.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 385.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 385.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 385.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 385.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 385.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 385.50 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 449.5 m 323.5 449.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 449.5 m 327.5 449.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 449.5 m 402.5 449.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 449.5 m 406.5 449.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 449.5 m 481.5 449.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 449.5 m 485.5 449.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 449.5 m 560.5 449.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 449.5 m 323.5 449.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 433.5 m 323.5 433.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 449.5 m 327.5 449.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 433.5 m 327.5 433.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 449.5 m 402.5 449.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 433.5 m 402.5 433.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 449.5 m 406.5 449.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 449.5 m 481.5 449.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 433.5 m 481.5 433.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 449.5 m 485.5 449.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 433.5 m 485.5 433.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 449.5 m 560.5 449.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 433.5 m 560.5 433.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 417.5 m 323.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 417.5 m 402.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 417.5 m 481.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 417.5 m 560.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 417.5 m 481.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 417.5 m 560.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 369.5 m 323.5 369.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 369.5 m 402.5 369.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 369.5 m 481.5 369.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 369.5 m 560.5 369.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 354.5 m 323.5 354.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 352.5 m 323.5 352.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 354.5 m 402.5 354.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 352.5 m 402.5 352.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 354.5 m 481.5 354.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 352.5 m 481.5 352.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 354.5 m 560.5 354.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 352.5 m 560.5 352.5 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 358.05 454.42 Td (Three Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 281.35 438.42 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 438.85 438.42 Td (September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.40 422.42 Td (W) Tj ET Q q 0 0 0 rg BT 279.56 422.42 Td (ritten) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 348.90 422.42 Td (Earned) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 426.90 422.42 Td (W) Tj ET Q q 0 0 0 rg BT 437.06 422.42 Td (ritten) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 506.90 422.42 Td (Earned) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 407.37 Td (Direct premiums) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 252.00 406.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 294.55 406.42 Td (3,820) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 330.00 406.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 373.55 406.42 Td (4,249) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 409.00 406.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 452.55 406.42 Td (3,628) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 488.00 406.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.55 406.42 Td (4,137) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 391.37 Td (Assumed premiumsnonaf) Tj ET Q q 0 0 0 rg BT 176.63 391.37 Td (filiate) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 294.55 390.42 Td (6,280) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 373.55 390.42 Td (6,350) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 452.55 390.42 Td (6,210) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.55 390.42 Td (6,326) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 375.37 Td (Ceded premiumsnonaf) Tj ET Q q 0 0 0 rg BT 163.79 375.37 Td (filiate) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 290.85 374.42 Td (\(3,135) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 319.30 374.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 369.85 374.42 Td (\(3,135) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 398.30 374.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 448.85 374.42 Td (\(4,309) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 477.30 374.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 527.85 374.42 Td (\(4,309) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 556.30 374.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 359.37 Td (Net premiums) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 252.00 358.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 294.55 358.42 Td (6,965) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 330.00 358.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 373.55 358.42 Td (7,464) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 409.00 358.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 452.55 358.42 Td (5,529) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 488.00 358.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.55 358.42 Td (6,154) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 286.50 199.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 286.50 74.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 286.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 286.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 286.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 286.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 286.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 286.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 254.50 199.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 254.50 74.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 254.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 254.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 254.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 254.50 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 254.50 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 254.50 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 318.5 m 323.5 318.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 318.5 m 327.5 318.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 318.5 m 402.5 318.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 318.5 m 406.5 318.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 318.5 m 481.5 318.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 318.5 m 485.5 318.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 318.5 m 560.5 318.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 302.5 m 323.5 302.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 302.5 m 327.5 302.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 302.5 m 402.5 302.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 302.5 m 481.5 302.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 302.5 m 485.5 302.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 302.5 m 560.5 302.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 286.5 m 323.5 286.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 286.5 m 402.5 286.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 286.5 m 481.5 286.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 286.5 m 560.5 286.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 286.5 m 481.5 286.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 286.5 m 560.5 286.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 238.5 m 323.5 238.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 238.5 m 402.5 238.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 238.5 m 481.5 238.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 238.5 m 560.5 238.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 223.5 m 323.5 223.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 221.5 m 323.5 221.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 223.5 m 402.5 223.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 221.5 m 402.5 221.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 223.5 m 481.5 223.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 221.5 m 481.5 221.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 223.5 m 560.5 223.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 221.5 m 560.5 221.5 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 363.55 323.42 Td (Six Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 281.35 307.42 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 438.85 307.42 Td (September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.40 291.42 Td (W) Tj ET Q q 0 0 0 rg BT 279.56 291.42 Td (ritten) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 348.90 291.42 Td (Earned) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 426.90 291.42 Td (W) Tj ET Q q 0 0 0 rg BT 437.06 291.42 Td (ritten) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 506.90 291.42 Td (Earned) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 276.37 Td (Direct premiums) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 252.00 275.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 294.55 275.42 Td (8,361) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 330.00 275.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 373.55 275.42 Td (8,460) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 409.00 275.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 452.55 275.42 Td (7,994) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 488.00 275.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.55 275.42 Td (8,287) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 260.37 Td (Assumed premiumsnonaf) Tj ET Q q 0 0 0 rg BT 176.63 260.37 Td (filiate) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 289.05 259.42 Td (13,214) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 368.05 259.42 Td (12,584) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 447.05 259.42 Td (12,470) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 526.05 259.42 Td (12,593) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 244.37 Td (Ceded premiumsnonaf) Tj ET Q q 0 0 0 rg BT 163.79 244.37 Td (filiate) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 290.85 243.42 Td (\(5,982) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 319.30 243.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 369.85 243.42 Td (\(5,982) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 398.30 243.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 448.85 243.42 Td (\(7,257) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 477.30 243.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 527.85 243.42 Td (\(7,257) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 556.30 243.42 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 228.37 Td (Net premiums) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 252.00 227.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 289.05 227.42 Td (15,593) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 330.00 227.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 368.05 227.42 Td (15,062) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 409.00 227.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 447.05 227.42 Td (13,207) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 488.00 227.42 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 526.05 227.42 Td (13,623) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 200.80 Td (T) Tj ET Q q 0 0 0 rg BT 73.95 200.80 Td (ypical insurance policies written or assumed by Standard Casualty have a maximum coverage of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.60 200.80 Td ($300,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 542.85 200.80 Td ( per ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 187.60 Td (claim, of which Standard Casualty cedes ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 231.75 187.60 Td ($175,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 273.00 187.60 Td ( of the risk of loss per reinsurance. ) Tj ET Q q 0 0 0 rg BT 427.67 187.60 Td (Therefore, Standard ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 174.40 Td (Casualty's risk of loss is limited to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 203.84 174.40 Td ($125,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.09 174.40 Td ( per claim on typical policies. ) Tj ET Q q 0 0 0 rg BT 377.36 174.40 Td (After this limit, amounts are recoverable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 161.20 Td (by Standard Casualty through reinsurance for catastrophic losses in excess of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 392.43 161.20 Td ($1.5 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 446.21 161.20 Td ( per occurrence, up to a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 148.00 Td (maximum of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 109.27 148.00 Td ($43.5 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 168.55 148.00 Td ( in the aggregate.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 125.80 Td (Purchasing reinsurance contracts protects Standard Casualty from frequency and/or severity of losses incurred ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 112.60 Td (on insurance policies issued, such as in the case of a catastrophe that generates a lar) Tj ET Q q 0 0 0 rg BT 417.55 112.60 Td (ge numberof serious claims on ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 99.40 Td (multiple policies at the same time. Under these agreements, the Company is required to repurchase and reestablish ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 86.20 Td (its reinsurance contracts for the remainder of the year to the extent they are utilized.) Tj ET Q endstream endobj 51 0 obj <>] /Rotate 0 /Contents 52 0 R>> endobj 52 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (23) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 741.60 Td (15. Income ) Tj ET Q q 0 0 0 rg BT 103.88 741.60 Td (T) Tj ET Q q 0 0 0 rg BT 110.20 741.60 Td (axes) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 719.40 Td (The Company's deferred tax assets primarily result from financial statement accruals not currently deductible ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 706.20 Td (for tax purposes and dif) Tj ET Q q 0 0 0 rg BT 154.27 706.20 Td (ferences in the acquired basis of certain assets, and its deferred tax liabilities primarily result ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 693.00 Td (from tax amortization of goodwill and other intangible assets.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 670.80 Td (The Company complies with the provisions of ) Tj ET Q q 0 0 0 rg BT 274.23 670.80 Td (ASC 740, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 320.38 670.80 Td (Income T) Tj ET Q q 0 0 0 rg BT 360.61 670.80 Td (axes) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 380.15 670.80 Td ( \("ASC 740"\), which clarifies the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 657.60 Td (accounting for income taxes by prescribing a minimum recognition threshold a tax position is required to meet ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 644.40 Td (before being recognized in the financial statements. ) Tj ET Q q 0 0 0 rg BT 279.08 644.40 Td (ASC 740 also provides guidance on derecognizing, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 631.20 Td (measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition. ) Tj ET Q q 0 0 0 rg BT 523.59 631.20 Td (The ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 618.00 Td (amount of unrecognized tax benefits recorded by the Company and the impact on the ef) Tj ET Q q 0 0 0 rg BT 435.89 618.00 Td (fective tax rate if all ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 604.80 Td (unrecognized tax benefits were recognized would be insignificant. ) Tj ET Q q 0 0 0 rg BT 344.55 604.80 Td (The Company classifies interest and penalties ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 591.60 Td (related to unrecognized tax benefits in tax expense.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 573.40 Td (Income tax returns are filed in the U.S. federal jurisdiction and in several state jurisdictions. In ) Tj ET Q q 0 0 0 rg BT 486.18 573.40 Td (August 2017, the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 560.20 Td (Company received a notice of examination from the Internal Revenue Service \(the "IRS"\) for the Company's ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 547.00 Td (federal income tax return for the fiscal year ended ) Tj ET Q q 0 0 0 rg BT 272.03 547.00 Td (April 2, 2016. In July 2018, the Company received notice from ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 533.80 Td (the IRS that its examination was complete and resulted in no changes. In general, the Company is no longer subject ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 520.60 Td (to examination by the IRS for years before fiscal year 2015 or state and local income tax examinations by tax ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 507.40 Td (authorities for years before fiscal year 2013. ) Tj ET Q q 0 0 0 rg BT 247.11 507.40 Td (The Company believes that its income tax filing positions and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 494.20 Td (deductions will be sustained on audit and does not anticipate any adjustments that will result in a material change to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 481.00 Td (the Company's financial position. ) Tj ET Q q 0 0 0 rg BT 199.96 481.00 Td (The total amount of unrecognized tax benefit related to any particular tax position ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 467.80 Td (is not anticipated to change significantly within the next 12 months. ) Tj ET Q q 0 0 0 rg BT 351.02 467.80 Td (The provision for income taxes generally ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 454.60 Td (represents income taxes paid or payable for the current year plus the change in deferred taxes during the year) Tj ET Q q 0 0 0 rg BT 528.91 454.60 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 436.40 Td (On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 423.20 Td (the ) Tj ET Q q 0 0 0 rg BT 65.99 423.20 Td (T) Tj ET Q q 0 0 0 rg BT 71.94 423.20 Td (ax Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 148.33 423.20 Td (Act \(the "T) Tj ET Q q 0 0 0 rg BT 197.26 423.20 Td (ax ) Tj ET Q q 0 0 0 rg BT 209.78 423.20 Td (Act"\). ) Tj ET Q q 0 0 0 rg BT 239.12 423.20 Td (The ) Tj ET Q q 0 0 0 rg BT 258.77 423.20 Td (T) Tj ET Q q 0 0 0 rg BT 264.73 423.20 Td (ax ) Tj ET Q q 0 0 0 rg BT 277.25 423.20 Td (Act makes broad and complex changes to the U.S. tax code that ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 410.00 Td (af) Tj ET Q q 0 0 0 rg BT 58.35 410.00 Td (fect the Company and include, but are not limited to: \(1\) reducing the U.S. federal corporate tax rate, \(2\) allowing ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 396.80 Td (bonus depreciation for full expensing of qualified property) Tj ET Q q 0 0 0 rg BT 307.40 396.80 Td (, \(3\) eliminating the manufacturing deduction and \(4\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 383.60 Td (limiting the Company's ability to deduct certain executive compensation. ) Tj ET Q q 0 0 0 rg BT 373.76 383.60 Td (The ) Tj ET Q q 0 0 0 rg BT 393.41 383.60 Td (T) Tj ET Q q 0 0 0 rg BT 399.36 383.60 Td (ax ) Tj ET Q q 0 0 0 rg BT 411.89 383.60 Td (Act reduces the federal corporate ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 370.40 Td (tax rate to 21% for our fiscal year ending March 30, 2019.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 348.20 Td (In addition, on December 22, 2017, the SEC staf) Tj ET Q q 0 0 0 rg BT 281.95 348.20 Td (f issued Staf) Tj ET Q q 0 0 0 rg BT 336.14 348.20 Td (f ) Tj ET Q q 0 0 0 rg BT 341.94 348.20 Td (Accounting Bulletin No. 1) Tj ET Q q 0 0 0 rg BT 458.24 348.20 Td (18 \("SAB 1) Tj ET Q q 0 0 0 rg BT 509.39 348.20 Td (18"\) that ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 335.00 Td (allows the Company to record provisional amounts during a measurement period not to extend beyond one year of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 321.80 Td (the enactment date. ) Tj ET Q q 0 0 0 rg BT 137.76 321.80 Td (The Company is currently analyzing the impact of the various provisions of the ) Tj ET Q q 0 0 0 rg BT 489.78 321.80 Td (T) Tj ET Q q 0 0 0 rg BT 495.73 321.80 Td (ax ) Tj ET Q q 0 0 0 rg BT 508.26 321.80 Td (Act. ) Tj ET Q q 0 0 0 rg BT 529.44 321.80 Td (The ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 308.60 Td (ultimate impact may dif) Tj ET Q q 0 0 0 rg BT 155.19 308.60 Td (fer from the provisional amounts recorded. ) Tj ET Q q 0 0 0 rg BT 346.51 308.60 Td (The Company expects to complete our analysis ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 295.40 Td (within the measurement period in accordance with SAB 1) Tj ET Q q 0 0 0 rg BT 304.35 295.40 Td (18.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 268.15 Td (16. Commitments and Contingencies) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 68.00 245.95 Td (Repur) Tj ET Q q 0 0 0 rg BT 94.47 245.95 Td (chase Contingencies) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 185.20 245.95 Td (. ) Tj ET Q q 0 0 0 rg BT 190.50 245.95 Td (The Company is contingently liable under terms of repurchase agreements with ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 232.75 Td (financial institutions providing inventory financing for independent retailers of its products. ) Tj ET Q q 0 0 0 rg BT 456.10 232.75 Td (These arrangements, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 219.55 Td (which are customary in the industry) Tj ET Q q 0 0 0 rg BT 207.22 219.55 Td (, provide for the repurchase of products sold to retailers in the event of default ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 206.35 Td (by the retailer) Tj ET Q q 0 0 0 rg BT 110.47 206.35 Td (. ) Tj ET Q q 0 0 0 rg BT 115.77 206.35 Td (The risk of loss under these agreements is spread over numerous retailers. ) Tj ET Q q 0 0 0 rg BT 443.34 206.35 Td (The price the Company is ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 193.15 Td (obligated to pay generally declines over the period of the agreement \(generally ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 399.41 193.15 Td (18) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 410.41 193.15 Td ( to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 424.47 193.15 Td (36 months) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 470.61 193.15 Td (, calculated from the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 179.95 Td (date of sale to the retailer\) and the risk of loss is further reduced by the resale value of the repurchased homes. ) Tj ET Q q 0 0 0 rg BT 536.98 179.95 Td (The ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 166.75 Td (maximum amount for which the Company was contingently liable under such agreements approximated ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 153.55 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 55.50 153.55 Td (71.4million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 109.28 153.55 Td ( at ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 122.72 153.55 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 211.01 153.55 Td (, without reduction for the resale value of the homes. ) Tj ET Q q 0 0 0 rg BT 446.02 153.55 Td (The Company applies ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 140.35 Td (ASC 460, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 96.15 140.35 Td (Guarantees) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 147.47 140.35 Td ( \("ASC 460"\), and ) Tj ET Q q 0 0 0 rg BT 230.71 140.35 Td (ASC 450-20, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 291.52 140.35 Td (Loss Contingencies) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 377.38 140.35 Td ( \("ASC 450-20"\), to account for its ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 127.15 Td (liability for repurchase commitments. Under the provisions of ) Tj ET Q q 0 0 0 rg BT 324.63 127.15 Td (ASC 460, the Company records the greater of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 113.95 Td (estimated value of the non-contingent obligation or a contingent liability for each repurchase arrangement under the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 100.75 Td (provisions of ) Tj ET Q q 0 0 0 rg BT 109.89 100.75 Td (ASC 450-20. ) Tj ET Q q 0 0 0 rg BT 170.51 100.75 Td (The Company recorded an estimated liability of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 384.02 100.75 Td ($2.3 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 437.80 100.75 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 459.19 100.75 Td ($2.2 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 512.97 100.75 Td ( at ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 87.55 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 138.29 87.55 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 159.67 87.55 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 229.63 87.55 Td (, respectively) Tj ET Q q 0 0 0 rg BT 287.56 87.55 Td (, related to the commitments pertaining to these agreements.) Tj ET Q endstream endobj 53 0 obj <>] /Rotate 0 /Contents 54 0 R>> endobj 54 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (24) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (Letters of Cr) Tj ET Q q 0 0 0 rg BT 123.82 741.40 Td (edit.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 143.07 741.40 Td ( ) Tj ET Q q 0 0 0 rg BT 145.62 741.40 Td (T) Tj ET Q q 0 0 0 rg BT 151.57 741.40 Td (o secure certain reinsurance contracts, Standard Casualty maintains an irrevocable letter of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (credit of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 89.70 728.20 Td ($1) Tj ET Q q 0 0 0 rg BT 100.29 728.20 Td (1.0 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 148.58 728.20 Td ( to provide assurance that Standard Casualty will fulfill its reinsurance obligations. ) Tj ET Q q 0 0 0 rg BT 515.27 728.20 Td (This letter ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 715.00 Td (of credit is secured by certain of the Company's investments. ) Tj ET Q q 0 0 0 rg BT 320.29 715.00 Td (There were no amounts outstanding at either ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 701.80 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 138.29 701.80 Td ( or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 152.95 701.80 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 222.91 701.80 Td (.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 68.00 679.60 Td (Construction-Period Mortgages.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 212.21 679.60 Td ( CountryPlace funds construction-period mortgages through periodic advances ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 666.40 Td (during the period of home construction. ) Tj ET Q q 0 0 0 rg BT 226.88 666.40 Td (At the time of initial funding, CountryPlace commits to fully fund the loan ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 653.20 Td (contract in accordance with a predetermined schedule. Subsequent advances are contingent upon the performance ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 640.00 Td (of contractual obligations by the seller of the home and the borrower) Tj ET Q q 0 0 0 rg BT 351.49 640.00 Td (. Cumulative advances on construction-period ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 626.80 Td (mortgages are carried in the Consolidated Balance Sheets at the amount advanced less a valuation allowance, and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 613.60 Td (are included in consumer loans receivable. ) Tj ET Q q 0 0 0 rg BT 240.08 613.60 Td (The total loan contract amount, less cumulative advances, represents an ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 600.40 Td (of) Tj ET Q q 0 0 0 rg BT 58.96 600.40 Td (f-balance sheet contingent commitment of CountryPlace to fund future advances.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 578.20 Td (Loan contracts with of) Tj ET Q q 0 0 0 rg BT 167.08 578.20 Td (f-balance sheet commitments are summarized below \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 540.70 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 540.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 540.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 540.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 508.70 358.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 508.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 508.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 508.70 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 540.7 m 483.5 540.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 540.7 m 562.5 540.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 540.7 m 483.5 540.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 540.7 m 562.5 540.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 508.7 m 483.5 508.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 508.7 m 483.5 508.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 493.7 m 483.5 493.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 491.7 m 483.5 491.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 508.7 m 562.5 508.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 493.7 m 562.5 493.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 491.7 m 562.5 491.7 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 556.62 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 545.62 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.85 556.62 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 545.62 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 530.57 Td (Construction loan contract amount) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 529.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 529.62 Td (29,273) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 529.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 529.62 Td (27,093) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 514.57 Td (Cumulative advances) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 445.35 513.62 Td (\(1) Tj ET Q q 0 0 0 rg BT 454.51 513.62 Td (1,001) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 513.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 524.35 513.62 Td (\(1) Tj ET Q q 0 0 0 rg BT 533.51 513.62 Td (1,088) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 513.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 498.57 Td (Remaining construction contingent commitment) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 497.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 497.62 Td (18,272) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 497.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 497.62 Td (16,005) Tj ET Q BT /F1 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 68.00 471.00 Td (Repr) Tj ET Q q 0 0 0 rg BT 88.97 471.00 Td (esentations and W) Tj ET Q q 0 0 0 rg BT 168.62 471.00 Td (arranties of Mortgages Sold) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 292.98 471.00 Td (. CountryPlace sells loans to Government-Sponsored ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 457.80 Td (Enterprises \("GSEs"\) and whole-loan purchasers and finances certain loans with long-term credit facilities secured ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 444.60 Td (by the respective loans. In connection with these activities, CountryPlace provides to the GSEs, whole-loan ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 431.40 Td (purchasers and lenders, representations and warranties related to the loans sold or financed. ) Tj ET Q q 0 0 0 rg BT 454.51 431.40 Td (These representations ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 418.20 Td (and warranties generally relate to the ownership of the loan, the validity of the lien securing the loan, the loan's ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 405.00 Td (compliance with the criteria for inclusion in the sale transactions, including compliance with underwriting standards ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 391.80 Td (or loan criteria established by the buyer) Tj ET Q q 0 0 0 rg BT 223.66 391.80 Td (, and CountryPlace's ability to deliver documentation in compliance with ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 378.60 Td (applicable laws. Generally) Tj ET Q q 0 0 0 rg BT 166.26 378.60 Td (, representations and warranties may be enforced at any time over the life of the loan. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 365.40 Td (Upon a breach of a representation, CountryPlace may be required to repurchase the loan or to indemnify a party for ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 352.20 Td (incurred losses. Repurchase demands and claims for indemnification payments are reviewed on a loan-by-loan basis ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 339.00 Td (to validate if there has been a breach requiring repurchase. CountryPlace manages the risk of repurchase through ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 325.80 Td (underwriting and quality assurance practices and by servicing the mortgage loans to investor standards. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 312.60 Td (CountryPlace maintains a reserve for these contingent repurchase and indemnification obligations. ) Tj ET Q q 0 0 0 rg BT 486.00 312.60 Td (This reserve of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 299.40 Td ($1.1 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 103.78 299.40 Td ( as of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 130.36 299.40 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 218.65 299.40 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 240.03 299.40 Td ($1.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.81 299.40 Td ( as of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 317.97 299.40 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 387.93 299.40 Td (, included in accrued liabilities, reflects ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 286.20 Td (management's estimate of probable loss. CountryPlace considers a variety of assumptions, including borrower ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 273.00 Td (performance \(both actual and estimated future defaults\), historical repurchase demands and loan defect rates to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 259.80 Td (estimate the liability for loan repurchases and indemnifications. During the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 382.65 259.80 Td (six months ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 459.65 259.80 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.40 259.80 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.69 259.80 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 246.60 Td (no claim request resulted in execution of an indemnification agreement.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 68.00 224.40 Td (Inter) Tj ET Q q 0 0 0 rg BT 88.97 224.40 Td (est Rate Lock Commitments) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 211.48 224.40 Td (. In originating loans for sale, CountryPlace issues interest rate lock ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 211.20 Td (commitments \("IRLCs"\) to prospective borrowers and third-party originators. ) Tj ET Q q 0 0 0 rg BT 394.51 211.20 Td (These IRLCs represent an agreement ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 198.00 Td (to extend credit to a loan applicant, or an agreement to purchase a loan from a third-party originator) Tj ET Q q 0 0 0 rg BT 488.17 198.00 Td (, whereby the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 184.80 Td (interest rate on the loan is set prior to loan closing or sale. ) Tj ET Q q 0 0 0 rg BT 307.01 184.80 Td (These IRLCs bind CountryPlace to fund the approved ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 171.60 Td (loan at the specified rate regardless of whether interest rates or market prices for similar loans have changed ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 158.40 Td (between the commitment date and the closing date. ) Tj ET Q q 0 0 0 rg BT 277.57 158.40 Td (As such, outstanding IRLCs are subject to interest rate risk and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 145.20 Td (related loan sale price risk during the period from the date of the IRLC through the earlier of the loan sale date or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 132.00 Td (IRLC expiration date. ) Tj ET Q q 0 0 0 rg BT 148.77 132.00 Td (The loan commitments generally range between ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 363.19 132.00 Td (30) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 374.19 132.00 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 395.58 132.00 Td (270) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 412.08 132.00 Td ( days; however) Tj ET Q q 0 0 0 rg BT 478.23 132.00 Td (, borrowers are not ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 118.80 Td (obligated to close the related loans. ) Tj ET Q q 0 0 0 rg BT 207.31 118.80 Td (As a result, CountryPlace is subject to fallout risk related to IRLCs, which is ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 105.60 Td (realized if approved borrowers choose not to close on the loans within the terms of the IRLCs unless the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 92.40 Td (commitment is successfully paired with another loan that may mitigate losses from fallout.) Tj ET Q endstream endobj 55 0 obj <>] /Rotate 0 /Contents 56 0 R>> endobj 56 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (25) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (As of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 94.89 741.40 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 183.18 741.40 Td (, CountryPlace had outstanding IRLCs with a notional amount of $) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.00 741.40 Td (18.6 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.78 741.40 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (are recorded at fair value in accordance with ) Tj ET Q q 0 0 0 rg BT 247.89 728.20 Td (ASC 815, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 294.04 728.20 Td (Derivatives and Hedging) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 404.62 728.20 Td ( \("ASC 815"\). ) Tj ET Q q 0 0 0 rg BT 469.22 728.20 Td (ASC 815 clarifies ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 715.00 Td (that the expected net future cash flows related to the associated servicing of a loan should be included in the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 701.80 Td (measurement of all written loan commitments that are accounted for at fair value through earnings. ) Tj ET Q q 0 0 0 rg BT 488.42 701.80 Td (The estimated ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 688.60 Td (fair values of IRLCs are recorded in Prepaid expenses and other assets in the Consolidated Balance Sheets. ) Tj ET Q q 0 0 0 rg BT 523.27 688.60 Td (The fair ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 675.40 Td (value of IRLCs is based on the value of the underlying mortgage loan adjusted for: \(i\) estimated cost to complete ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 662.20 Td (and originate the loan and \(ii\) the estimated percentage of IRLCs that will result in closed mortgage loans. ) Tj ET Q q 0 0 0 rg BT 519.91 662.20 Td (The ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 649.00 Td (initial and subsequent changes in the value of IRLCs are a component of gain \(loss\) on mortgage loans held for ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 635.80 Td (sale. During the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 122.70 635.80 Td (three and six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 334.10 635.80 Td (, CountryPlace recognized ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 453.23 635.80 Td (losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.51 635.80 Td ( of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 494.17 635.80 Td ($8,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 524.42 635.80 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 622.60 Td (gains) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 73.22 622.60 Td ( of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.88 622.60 Td ($12,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.63 622.60 Td ( on outstanding IRLCs, respectively) Tj ET Q q 0 0 0 rg BT 281.48 622.60 Td (. During the) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 337.08 622.60 Td (three and six months ended September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 548.48 622.60 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 609.40 Td (CountryPlace recognized) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 163.63 609.40 Td (gains) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 186.84 609.40 Td (of) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 201.51 609.40 Td ($10,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 237.26 609.40 Td (and) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 258.64 609.40 Td (losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 284.92 609.40 Td ( of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 299.58 609.40 Td ($15,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 335.33 609.40 Td (, respectively) Tj ET Q q 0 0 0 rg BT 393.26 609.40 Td (, on outstanding IRLCs.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 68.00 587.20 Td (Forwar) Tj ET Q q 0 0 0 rg BT 101.21 587.20 Td (d Sales Commitments) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 195.93 587.20 Td (. CountryPlace manages the risk profiles of a portion of its outstanding IRLCs and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 574.00 Td (mortgage loans held for sale by entering into forward sales of mortgage-backed securities \("MBS"\) and whole loan ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 560.80 Td (sale commitments. ) Tj ET Q q 0 0 0 rg BT 134.63 560.80 Td (As of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 161.51 560.80 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 249.80 560.80 Td (, CountryPlace had ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 336.56 560.80 Td ($44.2 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 395.84 560.80 Td ( in outstanding notional forward sales ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 547.60 Td (of MBSs and forward sales commitments. Commitments to forward sales of whole loans are typically in an amount ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 534.40 Td (proportionate with the amount of IRLCs expected to close in particular time frames, assuming no change in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 521.20 Td (mortgage interest rates, for the respective loan products intended for whole loan sale.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 499.00 Td (The estimated fair values of forward sales of MBS and forward sale commitments are based on quoted market ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 485.80 Td (values and are recorded within Prepaid expenses and other current assets in the Consolidated Balance Sheets. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 472.60 Td (During the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 100.10 472.60 Td (three and six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 311.50 472.60 Td (, CountryPlace recognized ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 430.63 472.60 Td (gains) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 453.85 472.60 Td ( of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.51 472.60 Td ($237,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 509.76 472.60 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 459.40 Td ($62,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 85.75 459.40 Td (, respectively) Tj ET Q q 0 0 0 rg BT 143.68 459.40 Td (, on forward sales and whole loan sale commitments. CountryPlace recognized ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 493.44 459.40 Td (losses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 519.72 459.40 Td ( of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 446.20 Td ($227,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 91.25 446.20 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 112.63 446.20 Td ($72,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 148.38 446.20 Td ( on forward sales and whole loan sale commitments during the) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 426.67 446.20 Td (three and six months ended ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 433.00 Td (September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 138.29 433.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 196.22 433.00 Td (.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 68.00 410.80 Td (Legal Matters.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 132.78 410.80 Td ( On ) Tj ET Q q 0 0 0 rg BT 151.11 410.80 Td (August 20, 2018, the Company received a subpoena from the SEC's Division of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 397.60 Td (Enforcement requesting certain documents relating to, among other items, trading in the stock of another public ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 384.40 Td (company) Tj ET Q q 0 0 0 rg BT 89.61 384.40 Td (. On October 1, 2018, the SEC sent a subpoena for documents and testimony to Joseph Stegmayer) Tj ET Q q 0 0 0 rg BT 520.84 384.40 Td (, the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 371.20 Td (Company's former Chairman, President and Chief Executive Of) Tj ET Q q 0 0 0 rg BT 330.99 371.20 Td (ficer) Tj ET Q q 0 0 0 rg BT 350.70 371.20 Td (, regarding similar issues. ) Tj ET Q q 0 0 0 rg BT 465.57 371.20 Td (At this time, the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 358.00 Td (Company believes that Mr) Tj ET Q q 0 0 0 rg BT 166.40 358.00 Td (. Stegmayer traded in certain publicly traded stock in his personal accounts as well as in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 344.80 Td (accounts held by the Company at a time when the Company had agreed to refrain from such trading. ) Tj ET Q q 0 0 0 rg BT 494.86 344.80 Td (The Company ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 331.60 Td (has initiated an independent investigation and intends to cooperate fully with the SEC's investigation.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 309.40 Td (The Company is party to certain legal proceedings that arise in the ordinary course and are incidental to its ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 296.20 Td (business. Certain of the claims pending against the Company in these proceedings allege, among other things, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 283.00 Td (breach of contract and warranty) Tj ET Q q 0 0 0 rg BT 189.15 283.00 Td (, product liability and personal injury) Tj ET Q q 0 0 0 rg BT 352.18 283.00 Td (. ) Tj ET Q q 0 0 0 rg BT 357.08 283.00 Td (Although litigation is inherently uncertain, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 269.80 Td (based on past experience and the information currently available, management does not believe that the currently ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 256.60 Td (pending and threatened litigation or claims will have a material adverse ef) Tj ET Q q 0 0 0 rg BT 375.70 256.60 Td (fect on the Company's consolidated ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 243.40 Td (financial position, liquidity or results of operations. However) Tj ET Q q 0 0 0 rg BT 318.70 243.40 Td (, future events or circumstances currently unknown to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 230.20 Td (management will determine whether the resolution of pending or threatened litigation or claims will ultimately have ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 217.00 Td (a material ef) Tj ET Q q 0 0 0 rg BT 104.76 217.00 Td (fect on the Company's consolidated financial position, liquidity or results of operations in any future ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 203.80 Td (reporting periods.) Tj ET Q endstream endobj 57 0 obj <>] /Rotate 0 /Contents 58 0 R>> endobj 58 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (26) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 741.60 Td (17. Stockholders' Equity) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 719.40 Td (The following table represents changes in stockholders' equity for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 376.67 719.40 Td (six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 544.71 719.40 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 706.20 Td (\(dollars in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 643.70 99.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 149.50 643.70 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.50 643.70 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 218.50 643.70 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 643.70 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 643.70 64.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 643.70 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 643.70 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 643.70 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 643.70 67.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 643.70 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 643.70 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 603.70 99.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 149.50 603.70 65.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.50 603.70 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 218.50 603.70 65.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 603.70 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 603.70 64.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 603.70 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 603.70 65.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 603.70 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 603.70 67.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 603.70 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 603.70 65.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 533.70 99.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 149.50 533.70 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.50 533.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 218.50 533.70 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 533.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 533.70 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 533.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 533.70 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 533.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 533.70 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 533.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 533.70 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 493.70 99.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 149.50 493.70 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.50 493.70 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 218.50 493.70 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 493.70 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 493.70 64.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 493.70 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 493.70 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 493.70 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 493.70 67.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 493.70 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 493.70 65.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 149.5 658.7 m 214.5 658.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.5 658.7 m 218.5 658.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 658.7 m 283.5 658.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 149.5 643.7 m 214.5 643.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 643.7 m 283.5 643.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 287.5 643.7 m 351.5 643.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 643.7 m 420.5 643.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 643.7 m 491.5 643.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 643.7 m 560.5 643.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 149.5 643.7 m 214.5 643.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 643.7 m 283.5 643.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 287.5 643.7 m 351.5 643.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 643.7 m 420.5 643.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 643.7 m 491.5 643.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 643.7 m 560.5 643.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 149.5 468.7 m 214.5 468.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 149.5 468.7 m 214.5 468.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 149.5 444.7 m 214.5 444.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 149.5 442.7 m 214.5 442.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 468.7 m 283.5 468.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 444.7 m 283.5 444.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 442.7 m 283.5 442.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 287.5 468.7 m 351.5 468.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 287.5 444.7 m 351.5 444.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 287.5 442.7 m 351.5 442.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 468.7 m 420.5 468.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 444.7 m 420.5 444.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 442.7 m 420.5 442.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 468.7 m 491.5 468.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 444.7 m 491.5 444.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 442.7 m 491.5 442.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 468.7 m 560.5 468.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 444.7 m 560.5 444.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 442.7 m 560.5 442.7 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.60 658.37 Td (Additional) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.25 648.37 Td (paid-in capital) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.70 658.37 Td (Retained) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.55 648.37 Td (earnings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.80 677.27 Td (Accumulated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.20 667.27 Td (other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.20 657.27 Td (comprehensive) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.40 647.27 Td (income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.25 648.37 Td (T) Tj ET Q q 0 0 0 rg BT 523.01 648.37 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.70 663.37 Td (Common Stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.15 648.37 Td (Shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.10 648.37 Td (Amount) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 633.37 Td (Balance, March 31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 623.37 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.65 623.37 Td (9,044,858) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.00 623.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.65 623.37 Td (90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.00 623.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.15 623.37 Td (246,197) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 623.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 623.37 Td (209,381) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 623.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 623.37 Td (1,438) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 623.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 623.37 Td (457,106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 609.27 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.65 608.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.65 608.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 608.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.15 608.37 Td (35,267) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 608.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 608.37 Td (35,267) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 594.27 Td (Cumulative ef) Tj ET Q q 0 0 0 rg BT 109.84 594.27 Td (fect of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 584.27 Td (implementing ) Tj ET Q q 0 0 0 rg BT 110.77 584.27 Td (ASU) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 574.27 Td (2016-01, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.65 573.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.65 573.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 573.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.15 573.37 Td (1,621) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.80 573.42 Td (\(1,621) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 573.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 573.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 559.27 Td (Cumulative ef) Tj ET Q q 0 0 0 rg BT 109.84 559.27 Td (fect of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 549.27 Td (implementing ) Tj ET Q q 0 0 0 rg BT 110.77 549.27 Td (ASC) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 539.27 Td (606, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.65 538.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.65 538.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 538.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.65 538.37 Td (454) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 538.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 538.37 Td (454) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 524.27 Td (Stock option exercises) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.15 523.37 Td (52,501) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.65 523.37 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 523.42 Td (\(174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 523.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 523.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 523.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 523.42 Td (\(173) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 523.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 509.27 Td (Stock-based) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 499.27 Td (compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.65 498.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.65 498.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.15 498.37 Td (2,1) Tj ET Q q 0 0 0 rg BT 337.65 498.37 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 498.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 498.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 498.37 Td (2,1) Tj ET Q q 0 0 0 rg BT 546.65 498.37 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 484.27 Td (Other comprehensive) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 474.27 Td (income, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.65 473.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.65 473.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 473.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 473.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.30 473.42 Td (\(21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 473.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.30 473.42 Td (\(21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 473.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 458.37 Td (Balance, September) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 448.37 Td (29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.65 448.37 Td (9,097,359) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.00 448.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.65 448.37 Td (91) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.00 448.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.15 448.37 Td (248,138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 448.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 448.37 Td (246,723) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 448.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.30 448.42 Td (\(204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 448.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 448.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 448.37 Td (494,748) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 416.95 Td (18. Stock-Based Compensation) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 394.75 Td (The Company maintains stock incentive plans whereby stock option grants or awards of restricted stock may be ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 381.55 Td (made to certain of) Tj ET Q q 0 0 0 rg BT 129.51 381.55 Td (ficers, directors and key employees. ) Tj ET Q q 0 0 0 rg BT 289.87 381.55 Td (As of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 316.76 381.55 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 405.05 381.55 Td (, the plans, which are shareholder ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 368.35 Td (approved, permit the award of up to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 210.67 368.35 Td (1,650,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 254.67 368.35 Td ( shares of the Company's common stock, of which ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.06 368.35 Td (314,330) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 514.81 368.35 Td ( shares ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 355.15 Td (were still available for grant. ) Tj ET Q q 0 0 0 rg BT 179.30 355.15 Td (When options are exercised, new shares of the Company's common stock are issued. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 341.95 Td (Stock options may not be granted below ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 229.94 341.95 Td (100%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 255.61 341.95 Td ( of the fair market value of the Company's common stock at the date ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 328.75 Td (of grant and generally expire ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 179.80 328.75 Td (seven years) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 230.81 328.75 Td ( from the date of grant. Stock options and awards of restricted stock ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 315.55 Td (typically vest over a one to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 171.57 315.55 Td (five) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 188.68 315.55 Td ( year period as determined by the plan administrator \(the Compensation Committee ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 302.35 Td (of the Board of Directors, which consists of independent directors\). ) Tj ET Q q 0 0 0 rg BT 349.16 302.35 Td (The stock incentive plans provide for ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 289.15 Td (accelerated vesting of stock options upon a change in control \(as defined in the plans\).) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 266.95 Td (Stock-based compensation cost char) Tj ET Q q 0 0 0 rg BT 227.56 266.95 Td (ged against income for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 346.99 266.95 Td (three and six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.39 266.95 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 253.75 Td (was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 69.86 253.75 Td ($1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.64 253.75 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 143.08 253.75 Td ($2.1 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 196.86 253.75 Td (, respectively) Tj ET Q q 0 0 0 rg BT 254.78 253.75 Td (. ) Tj ET Q q 0 0 0 rg BT 260.09 253.75 Td (The Company recorded stock-based compensation expense of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 535.30 253.75 Td ($1.0 ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 240.55 Td (million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 81.78 240.55 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 103.16 240.55 Td ($1.5 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 156.94 240.55 Td ( for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 191.46 240.55 Td (three and six months ended September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 402.86 240.55 Td (, respectively) Tj ET Q q 0 0 0 rg BT 460.79 240.55 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 218.35 Td (As of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 94.89 218.35 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 183.18 218.35 Td (, total unrecognized compensation cost related to stock options was approximately ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 205.15 Td ($4.5 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 103.78 205.15 Td ( and the related weighted-average period over which the expense is expected to be recognized is ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 191.95 Td (approximately ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 116.28 191.95 Td (3.62 years) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 161.49 191.95 Td (. ) Tj ET Q endstream endobj 59 0 obj <>] /Rotate 0 /Contents 60 0 R>> endobj 60 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (27) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (The following table summarizes the option activity within the Company's stock-based compensation plans for ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 66.19 728.20 Td (six months) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 114.17 728.20 Td ( ended ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 145.93 728.20 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.22 728.20 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 690.70 437.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 690.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 658.70 437.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 658.70 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 626.70 437.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 626.70 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 690.7 m 562.5 690.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 690.7 m 562.5 690.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 626.7 m 562.5 626.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 611.7 m 562.5 611.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 609.7 m 562.5 609.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 609.7 m 562.5 609.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 611.7 m 562.5 611.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 595.7 m 562.5 595.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 593.7 m 562.5 593.7 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 506.45 706.62 Td (Number) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.10 695.62 Td (of Options) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 680.57 Td (Outstanding at March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 679.62 Td (418,205) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 664.57 Td (Granted) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 663.62 Td (48,750) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 648.57 Td (Exercised) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 524.35 647.62 Td (\(72,544) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 647.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 632.57 Td (Canceled or expired) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 631.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 616.57 Td (Outstanding at September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 615.62 Td (394,41) Tj ET Q q 0 0 0 rg BT 552.80 615.62 Td (1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 600.57 Td (Exercisable at September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 599.62 Td (189,563) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 568.00 Td (19. Earnings Per) Tj ET Q q 0 0 0 rg BT 128.33 568.00 Td ( Shar) Tj ET Q q 0 0 0 rg BT 153.50 568.00 Td (e) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 545.80 Td (Basic earnings per common share is computed based on the weighted-average number of common shares ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 532.60 Td (outstanding during the reporting period. Diluted earnings per common share is computed based on the combination ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 519.40 Td (of dilutive common share equivalents, comprised of shares issuable under the Company's stock-based compensation ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 506.20 Td (plans and the weighted-average number of common shares outstanding during the reporting period. Dilutive ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 493.00 Td (common share equivalents include the dilutive ef) Tj ET Q q 0 0 0 rg BT 266.07 493.00 Td (fect of in-the-money options to purchase shares, which is ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 479.80 Td (calculated based on the average share price for each period using the treasury stock method. ) Tj ET Q q 0 0 0 rg BT 457.24 479.80 Td (The following table ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 466.60 Td (sets forth the computation of basic and diluted earnings per share \(dollars in thousands, except per share amounts\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 413.10 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 413.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 413.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 413.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 413.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 413.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 413.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 413.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 381.10 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 381.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 381.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 381.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 381.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 381.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 381.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 381.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 338.10 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 338.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 338.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 338.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 338.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 338.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 338.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 338.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 306.10 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 306.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 306.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 306.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 306.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 306.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 306.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 306.10 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 440.1 m 325.5 440.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 440.1 m 404.5 440.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 440.1 m 483.5 440.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 440.1 m 487.5 440.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 440.1 m 562.5 440.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 413.1 m 325.5 413.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 440.1 m 329.5 440.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 413.1 m 404.5 413.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 413.1 m 483.5 413.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 413.1 m 562.5 413.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 413.1 m 325.5 413.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 398.1 m 325.5 398.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 396.1 m 325.5 396.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 413.1 m 404.5 413.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 398.1 m 404.5 398.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 396.1 m 404.5 396.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 398.1 m 483.5 398.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 396.1 m 483.5 396.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 398.1 m 562.5 398.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 396.1 m 562.5 396.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 338.1 m 325.5 338.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 338.1 m 404.5 338.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 338.1 m 483.5 338.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 338.1 m 562.5 338.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 323.1 m 325.5 323.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 321.1 m 325.5 321.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 323.1 m 404.5 323.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 321.1 m 404.5 321.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 323.1 m 483.5 323.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 321.1 m 483.5 321.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 323.1 m 562.5 323.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 321.1 m 562.5 321.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 291.1 m 325.5 291.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 289.1 m 325.5 289.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 291.1 m 404.5 291.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 289.1 m 404.5 289.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 291.1 m 483.5 291.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 289.1 m 483.5 289.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 291.1 m 562.5 291.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 289.1 m 562.5 289.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 275.1 m 325.5 275.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 273.1 m 325.5 273.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 275.1 m 404.5 275.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 273.1 m 404.5 273.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 275.1 m 483.5 275.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 273.1 m 483.5 273.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 275.1 m 562.5 275.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 273.1 m 562.5 273.1 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 280.55 445.02 Td (Three Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 444.05 445.02 Td (Six Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 255.70 429.02 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 276.50 418.02 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 334.70 429.02 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 355.50 418.02 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 429.02 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 418.02 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 492.70 429.02 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 418.02 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 402.97 Td (Net income) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 402.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 402.02 Td (15,576) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 402.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.55 402.02 Td (6,182) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 402.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 402.02 Td (35,267) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 402.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 402.02 Td (17,935) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 386.97 Td (W) Tj ET Q q 0 0 0 rg BT 62.94 386.97 Td (eighted average shares outstanding:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 370.97 Td (Basic) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 277.25 370.02 Td (9,079,679) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 356.25 370.02 Td (9,020,834) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 435.25 370.02 Td (9,064,007) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 514.25 370.02 Td (9,013,917) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 354.97 Td (Common stock equivalentstreasury) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 80.00 343.97 Td (stock method) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 285.55 343.02 Td (224,509) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 364.55 343.02 Td (161,065) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 343.02 Td (223,723) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 343.02 Td (157,598) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 327.97 Td (Diluted) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 277.25 327.02 Td (9,304,188) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 356.25 327.02 Td (9,181,899) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 435.25 327.02 Td (9,287,730) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 514.25 327.02 Td (9,171,515) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 311.97 Td (Net income per share:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 295.97 Td (Basic) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 295.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 302.05 295.02 Td (1.72) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 295.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 381.05 295.02 Td (0.69) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 295.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 460.05 295.02 Td (3.89) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 295.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 539.05 295.02 Td (1.99) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 279.97 Td (Diluted) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 279.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 302.05 279.02 Td (1.67) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 279.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 381.05 279.02 Td (0.67) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 279.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 460.05 279.02 Td (3.80) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 279.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 539.05 279.02 Td (1.96) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 252.40 Td (Anti-dilutive common stock equivalents excluded from the computation of diluted earnings per share for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 239.20 Td (three and six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 261.40 239.20 Td ( were ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 288.27 239.20 Td (3,751) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 313.02 239.20 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 334.40 239.20 Td (6,682) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 359.15 239.20 Td (, respectively) Tj ET Q q 0 0 0 rg BT 417.08 239.20 Td (. ) Tj ET Q q 0 0 0 rg BT 422.38 239.20 Td (There were ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 474.90 239.20 Td (4,867) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 499.65 239.20 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 521.03 239.20 Td (8,432) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 545.78 239.20 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 226.00 Td (anti-dilutive common stock equivalents excluded for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 300.79 226.00 Td (three and six months ended September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 512.19 226.00 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 212.80 Td (respectively) Tj ET Q q 0 0 0 rg BT 102.43 212.80 Td (.) Tj ET Q endstream endobj 61 0 obj <>] /Rotate 0 /Contents 62 0 R>> endobj 62 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (28) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 741.60 Td (20. Fair) Tj ET Q q 0 0 0 rg BT 86.46 741.60 Td ( ) Tj ET Q q 0 0 0 rg BT 89.01 741.60 Td (V) Tj ET Q q 0 0 0 rg BT 95.94 741.60 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 154.10 741.60 Td (ements) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 719.40 Td (The book value and estimated fair value of the Company's financial instruments are as follows \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 665.90 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 665.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 665.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 665.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 665.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 665.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 665.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 665.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 633.90 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 633.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 633.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 633.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 633.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 633.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 633.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 633.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 601.90 200.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 601.90 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 601.90 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 601.90 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 601.90 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 601.90 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 601.90 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 601.90 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 547.90 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 547.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 547.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 547.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 547.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 547.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 547.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 547.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 515.90 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 515.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 515.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 515.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 515.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 515.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 515.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 515.90 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 692.9 m 325.5 692.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 692.9 m 329.5 692.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 692.9 m 404.5 692.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 692.9 m 483.5 692.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 692.9 m 487.5 692.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 692.9 m 562.5 692.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 665.9 m 325.5 665.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 665.9 m 404.5 665.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 665.9 m 483.5 665.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 665.9 m 562.5 665.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 665.9 m 325.5 665.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 665.9 m 404.5 665.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 665.9 m 483.5 665.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 665.9 m 562.5 665.9 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 282.85 697.82 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 450.00 697.82 Td (March 31, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 275.55 681.82 Td (Book) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 274.95 670.82 Td (V) Tj ET Q q 0 0 0 rg BT 281.67 670.82 Td (alue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 344.50 681.82 Td (Estimated) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 343.80 670.82 Td (Fair ) Tj ET Q q 0 0 0 rg BT 364.07 670.82 Td (V) Tj ET Q q 0 0 0 rg BT 370.80 670.82 Td (alue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 433.55 681.82 Td (Book) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 432.95 670.82 Td (V) Tj ET Q q 0 0 0 rg BT 439.67 670.82 Td (alue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 502.50 681.82 Td (Estimated) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 501.80 670.82 Td (Fair) Tj ET Q q 0 0 0 rg BT 522.07 670.82 Td (V) Tj ET Q q 0 0 0 rg BT 528.80 670.82 Td (alue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 655.77 Td (A) Tj ET Q q 0 0 0 rg BT 60.54 655.77 Td (vailable-for) Tj ET Q q 0 0 0 rg BT 111.32 655.77 Td (-sale debt securities\(1\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 654.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 654.82 Td (14,900) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 654.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 370.05 654.82 Td (14,900) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 654.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 654.82 Td (16,181) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 654.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 654.82 Td (16,181) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 639.77 Td (Marketable equity securities \(1\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 638.82 Td (12,409) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 370.05 638.82 Td (12,409) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 638.82 Td (10,405) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 638.82 Td (10,405) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 623.77 Td (Non-marketable equity investments \(2\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 622.82 Td (19,302) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 370.05 622.82 Td (19,302) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 622.82 Td (18,853) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 622.82 Td (18,853) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 607.77 Td (Consumer loans receivable\(3\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 606.82 Td (93,348) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 364.55 606.82 Td (107,833) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 606.82 Td (94,951) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 606.82 Td (1) Tj ET Q q 0 0 0 rg BT 528.05 606.82 Td (13,277) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 591.77 Td (Interest rate lock commitment) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 580.77 Td (derivatives\(4\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 312.10 579.82 Td (\(1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 321.30 579.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 391.10 579.82 Td (\(1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.30 579.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 464.60 579.82 Td (\(12) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 579.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 543.60 579.82 Td (\(12) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 579.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 564.77 Td (Forward loan sale commitment) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 553.77 Td (derivatives\(4\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 306.60 552.82 Td (\(88) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 321.30 552.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 385.60 552.82 Td (\(88) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.30 552.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 552.82 Td (26) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 552.82 Td (26) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 537.77 Td (Commercial loans receivable\(5\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 536.82 Td (33,829) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 370.05 536.82 Td (31,047) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 536.82 Td (16,601) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 536.82 Td (16,972) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 521.77 Td (Securitized financings and other\(6\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 287.35 520.82 Td (\(56,128) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 321.30 520.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 366.35 520.82 Td (\(60,159) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.30 520.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 445.35 520.82 Td (\(59,812) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 520.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 524.35 520.82 Td (\(64,509) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 520.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 505.77 Td (Mortgage servicing rights\(7\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.55 504.82 Td (1,519) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.55 504.82 Td (1,519) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 504.82 Td (1,410) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 504.82 Td (1,410) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 478.20 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 90.50 478.20 Td (For Level 1 classified securities, the fair value is based on quoted market prices. ) Tj ET Q q 0 0 0 rg BT 445.85 478.20 Td (The fair value of Level 2 ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.50 465.00 Td (securities is based on other inputs, as further described below) Tj ET Q q 0 0 0 rg BT 359.82 465.00 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 451.80 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 90.50 451.80 Td (The fair value approximates book value based on the non-marketable nature of the investments.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 438.60 Td (\(3\) ) Tj ET Q q 0 0 0 rg BT 90.50 438.60 Td (Includes consumer loans receivable held for investment, held for sale and construction advances. ) Tj ET Q q 0 0 0 rg BT 519.46 438.60 Td (The fair ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.50 425.40 Td (value of the loans held for investment is based on the discounted value of the remaining principal and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.50 412.20 Td (interest cash flows. ) Tj ET Q q 0 0 0 rg BT 177.67 412.20 Td (The fair value of the loans held for sale are estimated based on recent GSE mortgage-) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.50 399.00 Td (backed bond prices. ) Tj ET Q q 0 0 0 rg BT 180.71 399.00 Td (The fair value of the construction advances approximates book value and the sales ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.50 385.80 Td (price of these loans.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 372.60 Td (\(4\) ) Tj ET Q q 0 0 0 rg BT 90.50 372.60 Td (The fair values are based on changes in GSE mortgage-backed bond prices and, additionally for IRLCs, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.50 359.40 Td (pull through rates.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 346.20 Td (\(5\) ) Tj ET Q q 0 0 0 rg BT 90.50 346.20 Td (The fair value is estimated using market interest rates of comparable loans.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 333.00 Td (\(6\) ) Tj ET Q q 0 0 0 rg BT 90.50 333.00 Td (The fair value is estimated using recent public transactions of similar asset-backed securities.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 319.80 Td (\(7\) ) Tj ET Q q 0 0 0 rg BT 90.50 319.80 Td (The fair value of the mortgage servicing rights is based on the present value of expected net cash flows ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.50 306.60 Td (related to servicing these loans.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 284.40 Td (In accordance with ) Tj ET Q q 0 0 0 rg BT 153.82 284.40 Td (ASC 820, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 199.97 284.40 Td (Fair V) Tj ET Q q 0 0 0 rg BT 227.77 284.40 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 282.66 284.40 Td (ements and Disclosur) Tj ET Q q 0 0 0 rg BT 377.58 284.40 Td (es) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 386.74 284.40 Td ( \("ASC 820"\), fair value is defined as ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 271.20 Td (the exchange price that would be received for an asset or paid to transfer a liability \(an exit price\) in the principal or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 258.00 Td (most advantageous market for the asset or liability in an orderly transaction between market participants on the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 244.80 Td (measurement date. ) Tj ET Q q 0 0 0 rg BT 134.61 244.80 Td (ASC 820 also establishes a fair value hierarchy which requires an entity to maximize the use of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 231.60 Td (observable inputs and minimize the use of unobservable inputs when measuring fair value. ) Tj ET Q q 0 0 0 rg BT 451.81 231.60 Td (The standard describes ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 218.40 Td (three levels of inputs that may be used to measure fair value:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 197.77 Td (Level1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 103.00 197.77 Td (Quoted prices in active markets for identical assets or liabilities.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 182.77 Td (Level2) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 103.00 182.77 Td (Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities;) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 103.00 171.77 Td (quoted prices in markets that are not active; or other inputs that are observable or can be corroborated) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 103.00 160.77 Td (by observable market data for substantially the full term of the assets or liabilities.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 146.77 Td (Level3) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 103.00 146.77 Td (Unobservable inputs that are supported by little or no market activity and that are significant to the fair) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 103.00 135.77 Td (value of the assets or liabilities.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 110.20 Td (The Company utilizes the market approach to measure fair value for its financial assets and liabilities. ) Tj ET Q q 0 0 0 rg BT 518.96 110.20 Td (The ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 97.00 Td (market approach uses prices and other relevant information generated by market transactions involving identical or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 83.80 Td (comparable assets or liabilities.) Tj ET Q endstream endobj 63 0 obj <>] /Rotate 0 /Contents 64 0 R>> endobj 64 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (29) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (When the Company uses observable market prices for identical securities that are traded in less active markets, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (it classifies such securities as Level 2. ) Tj ET Q q 0 0 0 rg BT 219.64 728.20 Td (When observable market prices for identical securities are not available, the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 715.00 Td (Company prices its marketable debt instruments using non-binding market consensus prices that are corroborated ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 701.80 Td (with observable market data; quoted market prices for similar instruments; or pricing models, such as a discounted ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 688.60 Td (cash flow model, with all significant inputs derived from or corroborated with observable market data. Non-binding ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 675.40 Td (market consensus prices are based on the proprietary valuation models of pricing providers or brokers. ) Tj ET Q q 0 0 0 rg BT 503.72 675.40 Td (These ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 662.20 Td (valuation models incorporate a number of inputs, including non-binding and binding broker quotes; observable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 649.00 Td (market prices for identical or similar securities; and the internal assumptions of pricing providers or brokers that use ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 635.80 Td (observable market inputs and, to a lesser degree, unobservable market inputs.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 613.60 Td (Financial instruments measured at fair value on a recurring basis are summarized below \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 571.10 200.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 571.10 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 571.10 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 571.10 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 571.10 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 571.10 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 571.10 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 571.10 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 528.10 200.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 528.10 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 528.10 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 528.10 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 528.10 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 528.10 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 528.10 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 528.10 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 485.10 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 485.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 485.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 485.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 485.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 485.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 485.10 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 485.10 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 442.10 200.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 442.10 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 442.10 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 442.10 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 442.10 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 442.10 75.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 442.10 4.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 442.10 75.00 -27.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 587.1 m 325.5 587.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 587.1 m 329.5 587.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 587.1 m 404.5 587.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 587.1 m 408.5 587.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 587.1 m 483.5 587.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 587.1 m 487.5 587.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 587.1 m 562.5 587.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 571.1 m 325.5 571.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 571.1 m 404.5 571.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 571.1 m 483.5 571.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 571.1 m 562.5 571.1 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 361.85 592.02 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 276.25 576.02 Td (T) Tj ET Q q 0 0 0 rg BT 282.58 576.02 Td (otal) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 349.85 576.02 Td (Level 1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 428.85 576.02 Td (Level 2) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 507.85 576.02 Td (Level3) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 560.97 Td (Securities issued by the U.S ) Tj ET Q q 0 0 0 rg BT 178.78 560.97 Td (T) Tj ET Q q 0 0 0 rg BT 185.20 560.97 Td (reasury and) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 549.97 Td (Government\(1\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 549.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 304.80 549.02 Td (290) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 549.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 549.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 549.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.80 549.02 Td (290) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 549.02 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 549.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 533.97 Td (Mortgage-backed securities\(1\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.55 533.02 Td (7,507) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 533.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 533.02 Td (7,507) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 533.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 517.97 Td (Securities issued by states and political) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 506.97 Td (subdivisions\(1\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.55 506.02 Td (5,481) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 506.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 506.02 Td (5,481) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 506.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 490.97 Td (Corporate debt securities\(1\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.55 490.02 Td (1,622) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 490.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 490.02 Td (1,622) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 490.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 474.97 Td (Marketable equity securities\(2\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 474.02 Td (12,409) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 370.05 474.02 Td (12,409) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 474.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 474.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 458.97 Td (Interest rate lock commitment) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 447.97 Td (derivatives\(3\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 312.10 447.02 Td (\(1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 321.30 447.02 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 447.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 447.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 549.10 447.02 Td (\(1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 447.02 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 431.97 Td (Forward loan sale commitment) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 62.00 420.97 Td (derivatives\(3\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 306.60 420.02 Td (\(88) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 321.30 420.02 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 420.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 420.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 543.60 420.02 Td (\(88) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.30 420.02 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 404.97 Td (Mortgage servicing rights\(4\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.55 404.02 Td (1,519) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 404.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 404.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 404.02 Td (1,519) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 377.40 Td (\(1\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.50 377.40 Td (Unrealized gains or losses on investments are recorded in accumulated other comprehensive income \(loss\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.50 364.20 Td (at each measurement date.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 351.00 Td (\(2\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.50 351.00 Td (Unrealized gains or losses on investments are recorded in earnings at each measurement date.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 337.80 Td (\(3\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.50 337.80 Td (Gains or losses on derivatives are recognized in current period earnings through cost of sales.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 324.60 Td (\(4\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.50 324.60 Td (Changes in the fair value of mortgage servicing rights are recognized in the current period earnings ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.50 311.40 Td (through Net revenue.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 289.20 Td (No) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 81.44 289.20 Td ( transfers between Level 1, Level 2 or Level 3 occurred during the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.88 289.20 Td (six months) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 423.86 289.20 Td ( ended ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 455.62 289.20 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 543.91 289.20 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 276.00 Td (The Company's policy regarding the recording of transfers between levels is to record any such transfers at the end ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 262.80 Td (of the reporting period.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 240.60 Td (Financial instruments for which fair value is disclosed but not required to be recognized in the balance sheet on ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 227.40 Td (a recurring basis are summarized below \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 184.90 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 184.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 184.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 184.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 184.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 184.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 184.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 184.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 152.90 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 152.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 152.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 152.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 152.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 152.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 152.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 152.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 120.90 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 120.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 120.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 120.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 120.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 120.90 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 120.90 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 120.90 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 200.89999999999998 m 325.5 200.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 200.89999999999998 m 329.5 200.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 200.89999999999998 m 404.5 200.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 200.89999999999998 m 408.5 200.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 200.89999999999998 m 483.5 200.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 200.89999999999998 m 487.5 200.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 200.89999999999998 m 562.5 200.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 184.89999999999998 m 325.5 184.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 184.89999999999998 m 404.5 184.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 184.89999999999998 m 483.5 184.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 184.89999999999998 m 562.5 184.89999999999998 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 361.85 205.82 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 276.25 189.82 Td (T) Tj ET Q q 0 0 0 rg BT 282.58 189.82 Td (otal) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 349.85 189.82 Td (Level 1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 428.85 189.82 Td (Level 2) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 507.85 189.82 Td (Level 3) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 174.77 Td (Loans held for investment) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 173.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 173.82 Td (83,139) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 173.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 173.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 173.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 173.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 173.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 173.82 Td (83,139) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 158.77 Td (Loans held for sale) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 157.82 Td (13,693) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 157.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 157.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 157.82 Td (13,693) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 142.77 Td (Loans heldconstruction advances) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 141.82 Td (1) Tj ET Q q 0 0 0 rg BT 296.55 141.82 Td (1,001) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 141.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 141.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 141.82 Td (1) Tj ET Q q 0 0 0 rg BT 533.55 141.82 Td (1,001) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 126.77 Td (Commercial loans receivable) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 125.82 Td (31,047) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 125.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 125.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 125.82 Td (31,047) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 110.77 Td (Securitized financings and other) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 287.35 109.82 Td (\(60,159) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 321.30 109.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 109.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 445.35 109.82 Td (\(60,159) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 109.82 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.30 109.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 94.77 Td (Non-marketable equity investments) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 93.82 Td (19,302) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 389.30 93.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 468.30 93.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 93.82 Td (19,302) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 65 0 obj <>] /Rotate 0 /Contents 66 0 R>> endobj 66 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (30) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (No recent sales have been executed in an orderly market of manufactured home loan portfolios with ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (comparable product features, credit characteristics or performance. ) Tj ET Q q 0 0 0 rg BT 346.95 728.20 Td (Therefore, loans held for investment are ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 715.00 Td (measured using Level 3 inputs that are calculated using estimated discounted future cash flows from the evaluation ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 701.80 Td (of loan credit quality and performance history to determine expected prepayments and defaults on the portfolio, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 688.60 Td (discounted with rates considered to reflect current market conditions. Loans held for sale are measured at the lower ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 675.40 Td (of cost or fair value using inputs that consist of quoted market prices for mortgage-backed securities or investor ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 662.20 Td (purchase commitments for similar types of loan commitments on hand from investors. ) Tj ET Q q 0 0 0 rg BT 432.59 662.20 Td (These loans are held for ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 649.00 Td (relatively short periods, typically no more than ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 258.95 649.00 Td (45 days) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 292.86 649.00 Td (. ) Tj ET Q q 0 0 0 rg BT 297.75 649.00 Td (As a result, changes in loan-specific credit risk are not a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 635.80 Td (significant component of the change in fair value and changes are lar) Tj ET Q q 0 0 0 rg BT 353.09 635.80 Td (gely driven by changes in interest rates or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 622.60 Td (investor yield requirements. ) Tj ET Q q 0 0 0 rg BT 175.66 622.60 Td (The cost of loans held for sale is lower than the fair value as of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 455.15 622.60 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 543.44 622.60 Td (. ) Tj ET Q q 0 0 0 rg BT 548.33 622.60 Td (As ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 609.40 Td (noted above, activity in the manufactured housing asset-backed securities market is infrequent with no reliable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 596.20 Td (market price information. ) Tj ET Q q 0 0 0 rg BT 164.85 596.20 Td (As such, to determine the fair value of securitized financings, management evaluates the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 583.00 Td (credit quality and performance history of the underlying loan assets to estimate the expected prepayment of the debt ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 569.80 Td (and credit spreads, based on market activity for similar rated bonds from other asset classes with similar durations.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 547.60 Td (The Company records impairment losses on long-lived assets held for sale when the fair value of such long-) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 534.40 Td (lived assets is below their carrying values. ) Tj ET Q q 0 0 0 rg BT 238.58 534.40 Td (The Company records impairment char) Tj ET Q q 0 0 0 rg BT 411.27 534.40 Td (ges on long-lived assets used in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 521.20 Td (operations when events and circumstances indicate that long-lived assets might be impaired and the undiscounted ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 508.00 Td (cash flows estimated to be generated by those assets are less than their carrying amounts. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 444.66 508.00 Td (No) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 458.10 508.00 Td ( impairment char) Tj ET Q q 0 0 0 rg BT 533.04 508.00 Td (ges ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 494.80 Td (were recorded during the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 163.00 494.80 Td (six months) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 210.98 494.80 Td ( ended ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 242.75 494.80 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 331.04 494.80 Td (.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 68.00 472.60 Td (Mortgage Servicing) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 155.67 472.60 Td (. Mortgage Servicing Rights \("MSRs"\) are the rights to receive a portion of the interest ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 459.40 Td (coupon and fees collected from the mortgagors for performing specified mortgage servicing activities, which ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 446.20 Td (consist of collecting loan payments, remitting principal and interest payments to investors, managing escrow ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 433.00 Td (accounts, performing loss mitigation activities on behalf of investors and otherwise administering the loan servicing ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 419.80 Td (portfolio. MSRs are initially recorded at fair value. Changes in fair value subsequent to the initial capitalization are ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 406.60 Td (recorded in the Company's results of operations. ) Tj ET Q q 0 0 0 rg BT 265.01 406.60 Td (The Company recognizes MSRs on all loans sold to investors that ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 393.40 Td (meet the requirements for sale accounting and for which servicing rights are retained.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 371.20 Td (The Company applies fair value accounting to MSRs, with all changes in fair value recorded to Net revenue in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 358.00 Td (accordance with ) Tj ET Q q 0 0 0 rg BT 123.91 358.00 Td (ASC 860-50, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 184.72 358.00 Td (Servicing ) Tj ET Q q 0 0 0 rg BT 228.81 358.00 Td (Assets and Liabilities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 322.93 358.00 Td (. ) Tj ET Q q 0 0 0 rg BT 328.23 358.00 Td (The fair value of MSRs is based on the present value ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 344.80 Td (of the expected future cash flows related to servicing these loans. ) Tj ET Q q 0 0 0 rg BT 339.36 344.80 Td (The revenue components of the cash flows are ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 331.60 Td (servicing fees, interest earned on custodial accounts and other ancillary income. ) Tj ET Q q 0 0 0 rg BT 403.80 331.60 Td (The expense components include ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 318.40 Td (operating costs related to servicing the loans \(including delinquency and foreclosure costs\) and interest expenses on ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 305.20 Td (servicer advances that the Company believes are consistent with the assumptions major market participants use in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 292.00 Td (valuing MSRs. ) Tj ET Q q 0 0 0 rg BT 118.56 292.00 Td (The expected cash flows are primarily impacted by prepayment estimates, delinquencies and market ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 278.80 Td (discounts. Generally) Tj ET Q q 0 0 0 rg BT 139.71 278.80 Td (, the value of MSRs is expected to increase when interest rates rise and decrease when interest ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 265.60 Td (rates decline, due to the ef) Tj ET Q q 0 0 0 rg BT 165.25 265.60 Td (fect those changes in interest rates have on prepayment estimates. Other factors noted ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 252.40 Td (above as well as the overall market demand for MSRs may also af) Tj ET Q q 0 0 0 rg BT 341.22 252.40 Td (fect the valuation.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 216.90 358.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 216.90 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 216.90 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 216.90 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 186.90 358.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 186.90 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 186.90 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 186.90 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 156.90 358.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 156.90 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 156.90 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 156.90 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 216.89999999999998 m 482.5 216.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 216.89999999999998 m 561.5 216.89999999999998 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 412.70 231.77 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 433.50 220.77 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 500.85 231.77 Td (March 31,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 512.50 220.77 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.00 206.77 Td (Number of loans serviced with MSRs) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 448.05 206.77 Td (4,456) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 527.05 206.77 Td (4,346) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.00 191.77 Td (W) Tj ET Q q 0 0 0 rg BT 61.94 191.77 Td (eighted average servicing fee \(basis points\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 448.05 191.77 Td (31.96) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 527.05 191.77 Td (32.03) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.00 176.77 Td (Capitalized servicing multiple) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 448.05 176.77 Td (88.17) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 472.80 176.77 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 527.05 176.77 Td (84.76) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 551.80 176.77 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.00 161.77 Td (Capitalized servicing rate \(basis points\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 448.05 161.77 Td (28.18) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 527.05 161.77 Td (27.15) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.00 146.77 Td (Serviced portfolio with MSRs \(in thousands\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 410.00 146.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 437.00 146.77 Td (538,920) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 489.00 146.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 516.00 146.77 Td (519,167) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.00 131.77 Td (Mortgage servicing rights \(in thousands\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 410.00 131.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 448.05 131.77 Td (1,519) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 489.00 131.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 527.05 131.77 Td (1,410) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 67 0 obj <>] /Rotate 0 /Contents 68 0 R>> endobj 68 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (31) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 741.60 Td (21. Business Segment Information) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 719.40 Td (The Company operates principally in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.48 719.40 Td (two) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 250.98 719.40 Td ( segments: \(1\)factory-built housing, which includes wholesale and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 706.20 Td (retail systems-built housing operations and \(2\)financial services, which includes manufactured housing consumer ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 693.00 Td (finance and insurance. ) Tj ET Q q 0 0 0 rg BT 151.20 693.00 Td (The following table details Net revenue and income before income taxes by segment \(in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 679.80 Td (thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 626.30 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 626.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 626.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 626.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 626.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 626.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 626.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 626.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 594.30 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 594.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 594.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 594.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 594.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 594.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 594.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 594.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 562.30 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 562.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 562.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 562.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 562.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 562.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 562.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 562.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 530.30 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 530.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 530.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 530.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 530.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 530.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 530.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 530.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 498.30 200.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 498.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 498.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 498.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 498.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 498.30 75.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 498.30 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 498.30 75.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 653.3 m 325.5 653.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 653.3 m 329.5 653.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 653.3 m 404.5 653.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 653.3 m 483.5 653.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 653.3 m 487.5 653.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 653.3 m 562.5 653.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 626.3 m 325.5 626.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 626.3 m 404.5 626.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 626.3 m 483.5 626.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 626.3 m 562.5 626.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 578.3 m 325.5 578.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 578.3 m 404.5 578.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 578.3 m 483.5 578.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 578.3 m 562.5 578.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 563.3 m 325.5 563.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 561.3 m 325.5 561.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 563.3 m 404.5 563.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 561.3 m 404.5 561.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 563.3 m 483.5 563.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 561.3 m 483.5 561.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 563.3 m 562.5 563.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 561.3 m 562.5 561.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 498.3 m 325.5 498.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 483.3 m 325.5 483.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 481.3 m 325.5 481.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 498.3 m 404.5 498.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 483.3 m 404.5 483.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 481.3 m 404.5 481.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 498.3 m 483.5 498.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 483.3 m 483.5 483.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 481.3 m 483.5 481.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 498.3 m 562.5 498.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 483.3 m 562.5 483.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 481.3 m 562.5 481.3 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 280.55 658.22 Td (Three Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 444.05 658.22 Td (Six Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 255.70 642.22 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 276.50 631.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 334.70 642.22 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 355.50 631.22 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.70 642.22 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.50 631.22 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 492.70 642.22 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.50 631.22 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 616.17 Td (Net revenue:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 600.17 Td (Factory-built housing) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 599.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 285.55 599.22 Td (227,094) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 599.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 364.55 599.22 Td (187,380) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 599.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 599.22 Td (459,856) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 599.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 599.22 Td (380,262) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 584.17 Td (Financial services) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 583.22 Td (14,436) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 370.05 583.22 Td (13,127) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 583.22 Td (28,077) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 583.22 Td (27,061) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 567.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 285.55 567.22 Td (241,530) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 567.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 364.55 567.22 Td (200,507) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 567.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.55 567.22 Td (487,933) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 567.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.55 567.22 Td (407,323) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 536.17 Td (Income before income taxes:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 520.17 Td (Factory-built housing) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 519.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 519.22 Td (16,880) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 519.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.55 519.22 Td (8,584) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 519.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 519.22 Td (38,488) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 519.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 519.22 Td (21,754) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 504.17 Td (Financial services) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.55 503.22 Td (2,637) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 385.60 503.22 Td (\(85) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.30 503.22 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 454.55 503.22 Td (5,165) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.55 503.22 Td (2,396) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 253.00 487.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 291.05 487.22 Td (19,517) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 332.00 487.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.55 487.22 Td (8,499) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.00 487.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 449.05 487.22 Td (43,653) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.00 487.22 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.05 487.22 Td (24,150) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 455.55 Td (22. Subsequent Events) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 433.35 Td (See Part II, Item 5, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 153.84 433.35 Td (Other Information) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.80 433.35 Td (,) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 237.55 433.35 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 240.30 433.35 Td (on the Form 10-Q for a disclosure of applicable subsequent events of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 420.20 Td (Company) Tj ET Q q 0 0 0 rg BT 92.06 420.20 Td (.) Tj ET Q endstream endobj 69 0 obj <>] /Rotate 0 /Contents 70 0 R>> endobj 70 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (32) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 741.60 Td (Item 2. Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 229.18 741.60 Td (Analysis of Financial Condition and Results of Operations) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 719.40 Td (Forward-Looking Statements) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 697.20 Td (Statements in this Report on Form 10-Q includes "forward-looking statements," within the meaning of Section ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 684.00 Td (27A) Tj ET Q q 0 0 0 rg BT 67.84 684.00 Td ( of the Securities ) Tj ET Q q 0 0 0 rg BT 144.21 684.00 Td (Act of 1933, Section 21E of the Securities and Exchange ) Tj ET Q q 0 0 0 rg BT 396.84 684.00 Td (Act of 1934 and the Private ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 670.80 Td (Securities Litigation Reform ) Tj ET Q q 0 0 0 rg BT 177.50 670.80 Td (Act of 1995. Forward-looking statements are often characterized by the use of words ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 657.60 Td (such as "believes," "estimates," "expects," "projects," "may) Tj ET Q q 0 0 0 rg BT 309.74 657.60 Td (," "will," "intends," "plans," or "anticipates," or by ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 644.40 Td (discussions of strategy) Tj ET Q q 0 0 0 rg BT 148.39 644.40 Td (, plans or intentions. Forward-looking statements contained in this Report on Form 10-Q ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 631.20 Td (speak only as of the date of this report or) Tj ET Q q 0 0 0 rg BT 228.98 631.20 Td (, in the case of any document incorporated by reference, the date of that ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 618.00 Td (document. ) Tj ET Q q 0 0 0 rg BT 98.18 618.00 Td (W) Tj ET Q q 0 0 0 rg BT 107.68 618.00 Td (e do not intend to publicly update or revise any forward-looking statement contained in this Report on ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 604.80 Td (Form 10-Q or in any document incorporated herein by reference to reflect changed assumptions, the occurrence of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 591.60 Td (unanticipated events or changes to future operating results over time.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 569.40 Td (Forward-looking statements involve risks, uncertainties and other factors, which may cause our actual results, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 556.20 Td (performance or achievements to be materially dif) Tj ET Q q 0 0 0 rg BT 266.15 556.20 Td (ferent from those expressed or implied by such forward-looking ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 543.00 Td (statements. ) Tj ET Q q 0 0 0 rg BT 101.23 543.00 Td (T) Tj ET Q q 0 0 0 rg BT 107.19 543.00 Td (o the extent that our assumptions dif) Tj ET Q q 0 0 0 rg BT 267.07 543.00 Td (fer from actual results, our ability to meet such forward-looking ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 529.80 Td (statements, including our ability to generate positive cash flow from operations, may be significantly hindered. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 516.60 Td (Factors that could af) Tj ET Q q 0 0 0 rg BT 139.41 516.60 Td (fect our results and cause them to materially dif) Tj ET Q q 0 0 0 rg BT 348.75 516.60 Td (fer from those contained in the forward-looking ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 503.40 Td (statements include, without limitation, those discussed in Risk Factors described in Part I, Item 1A. Risk Factors in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 490.20 Td (our ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 66.91 490.20 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 88.91 490.20 Td ( ) Tj ET Q q 0 0 0 rg BT 91.06 490.20 Td (Annual Report on Form 10-K \("Form 10-K"\), which is incorporated herein. ) Tj ET Q q 0 0 0 rg BT 426.00 490.20 Td (Additional factors include ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 477.00 Td (potential financial impact on the Company from the subpoena we received from the Securities and Exchange ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 463.80 Td (Commission's Division of Enforcement \(the "SEC"\); the risk of potential litigation or regulatory action arising from ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 450.60 Td (the SEC investigation and its findings; and potential reputational damage that the Company may suf) Tj ET Q q 0 0 0 rg BT 489.83 450.60 Td (fer as a result of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 437.40 Td (the matters under investigation, as well as the results of the ) Tj ET Q q 0 0 0 rg BT 311.60 437.40 Td (Audit Committee of the Board of Directors ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 424.20 Td (investigation.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 402.00 Td (Intr) Tj ET Q q 0 0 0 rg BT 68.25 402.00 Td (oduction) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 379.80 Td (The following should be read in conjunction with Cavco Industries, Inc. and its subsidiaries' \(collectively) Tj ET Q q 0 0 0 rg BT 530.05 379.80 Td (, the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 366.60 Td ("Company" or "Cavco"\) Consolidated Financial Statements and the related Notes that appear in Item 1 of this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 353.40 Td (Report. References to "Note" or "Notes" pertain to the Notes to the Company's Consolidated Financial Statements.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 331.20 Td (Overview) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 309.00 Td (Headquartered in Phoenix, ) Tj ET Q q 0 0 0 rg BT 187.24 309.00 Td (Arizona, the Company designs and produces factory-built homes primarily ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 295.80 Td (distributed through a network of independent and Company-owned retailers. ) Tj ET Q q 0 0 0 rg BT 388.99 295.80 Td (W) Tj ET Q q 0 0 0 rg BT 398.49 295.80 Td (e are one of the lar) Tj ET Q q 0 0 0 rg BT 480.44 295.80 Td (gest producers of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 282.60 Td (manufactured homes in the United States, based on reported wholesale shipments, marketed under a variety of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 269.40 Td (brand names, including Cavco Homes, Fleetwood Homes, Palm Harbor Homes, Fairmont Homes, Friendship ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 256.20 Td (Homes, Chariot Eagle and Lexington Homes. ) Tj ET Q q 0 0 0 rg BT 252.76 256.20 Td (The Company is also a leading builder of park model R) Tj ET Q q 0 0 0 rg BT 496.27 256.20 Td (Vs, vacation ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 243.00 Td (cabins and systems-built commercial structures, as well as modular homes built primarily under the Nationwide ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 229.80 Td (Homes brand. Cavco's mortgage subsidiary) Tj ET Q q 0 0 0 rg BT 239.87 229.80 Td (, CountryPlace ) Tj ET Q q 0 0 0 rg BT 307.39 229.80 Td (Acceptance Corp. \("CountryPlace"\), is an approved ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 216.60 Td (Federal National Mortgage ) Tj ET Q q 0 0 0 rg BT 170.77 216.60 Td (Association \("FNMA" or "Fannie Mae"\) and Federal Home Loan Mortgage Corporation ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 203.40 Td (\("FHLMC" or "Freddie Mac"\) seller/servicer) Tj ET Q q 0 0 0 rg BT 247.24 203.40 Td (, and a Government National Mortgage ) Tj ET Q q 0 0 0 rg BT 422.28 203.40 Td (Association \("GNMA" or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 190.20 Td ("Ginnie Mae"\) mortgage-backed securities issuer that of) Tj ET Q q 0 0 0 rg BT 297.14 190.20 Td (fers conforming mortgages, non-conforming mortgages and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 177.00 Td (home-only loans to purchasers of factory-built homes. Our insurance subsidiary) Tj ET Q q 0 0 0 rg BT 400.09 177.00 Td (, Standard Casualty Co. \("Standard ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 163.80 Td (Casualty"\), provides property and casualty insurance primarily to owners of manufactured homes.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 141.60 Td (Company Gr) Tj ET Q q 0 0 0 rg BT 111.33 141.60 Td (owth) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 119.40 Td (From its inception in 1965, Cavco traditionally served af) Tj ET Q q 0 0 0 rg BT 316.89 119.40 Td (fordable housing markets in the southwestern United ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 106.20 Td (States principally through manufactured home production. During the period from 1997 to 2000, Cavco was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 93.00 Td (purchased by and became a wholly-owned subsidiary of Centex Corporation, which operated the Company until ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 79.80 Td (2003, when Cavco became a stand-alone publicly-held Company traded on the NASDAQ Global Select Market ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 66.60 Td (under the ticker symbol CVCO. ) Tj ET Q endstream endobj 71 0 obj <>] /Rotate 0 /Contents 72 0 R>> endobj 72 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (33) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 741.40 Td (Beginning in 2007, the overall housing industry experienced a multi-year decline, which included the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 728.20 Td (manufactured housing industry) Tj ET Q q 0 0 0 rg BT 185.65 728.20 Td (. Since this downturn, Cavco strategically expanded its factory operations and related ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 715.00 Td (business initiatives primarily through the acquisition of industry competitor operations. ) Tj ET Q q 0 0 0 rg BT 435.77 715.00 Td (This development has ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 701.80 Td (enabled the Company to more broadly participate in the overall housing industry recovery) Tj ET Q q 0 0 0 rg BT 445.28 701.80 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 679.60 Td (In 2009, the Company acquired certain manufactured housing assets and liabilities of Fleetwood Enterprises, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 666.40 Td (Inc. \("Fleetwood"\). ) Tj ET Q q 0 0 0 rg BT 137.09 666.40 Td (The assets purchased included seven operating production facilities as well as idle factories. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 653.20 Td (During fiscal year 201) Tj ET Q q 0 0 0 rg BT 147.75 653.20 Td (1, the Company acquired certain manufactured housing assets and liabilities of Palm Harbor ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 640.00 Td (Homes, Inc., a Florida corporation. ) Tj ET Q q 0 0 0 rg BT 206.62 640.00 Td (The assets purchased included five operating production facilities as well as idle ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 626.80 Td (factories, 49 operating retail locations, a manufactured housing finance company and a homeowners insurance ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 613.60 Td (company) Tj ET Q q 0 0 0 rg BT 89.11 613.60 Td (. ) Tj ET Q q 0 0 0 rg BT 94.41 613.60 Td (These acquisitions expanded the Company's presence across the United States.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 591.40 Td (In 2015, the Company purchased the business and operating assets of Chariot Eagle, a Florida-based ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 578.20 Td (manufacturer of park model R) Tj ET Q q 0 0 0 rg BT 181.79 578.20 Td (Vs and manufactured homes, as well as certain assets and liabilities of Fairmont ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 565.00 Td (Homes. ) Tj ET Q q 0 0 0 rg BT 85.96 565.00 Td (These transactions provided additional home production capabilities, grew the Company's of) Tj ET Q q 0 0 0 rg BT 493.73 565.00 Td (fering of park ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 551.80 Td (model R) Tj ET Q q 0 0 0 rg BT 86.20 551.80 Td (V) Tj ET Q q 0 0 0 rg BT 93.95 551.80 Td ( product lines and further strengthened our market position in the Southeast, Midwest, the western Great ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 538.60 Td (Plains states and several provinces in Canada.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 516.40 Td (On ) Tj ET Q q 0 0 0 rg BT 83.09 516.40 Td (April 3, 2017, the Company purchased Lexington Homes, which operates one manufacturing facility in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 503.20 Td (Lexington, Mississippi. ) Tj ET Q q 0 0 0 rg BT 155.64 503.20 Td (This transaction was accounted for as a business combination and provides additional home ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 490.00 Td (production capabilities and increased distribution into new markets in the Southeast.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 467.80 Td (The Company operates ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 172.27 467.80 Td (20) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 183.27 467.80 Td ( homebuilding facilities located in Millersbur) Tj ET Q q 0 0 0 rg BT 382.56 467.80 Td (g and ) Tj ET Q q 0 0 0 rg BT 409.24 467.80 Td (W) Tj ET Q q 0 0 0 rg BT 418.74 467.80 Td (oodburn, Oregon; Nampa, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 454.60 Td (Idaho; Riverside, California; Phoenix and Goodyear) Tj ET Q q 0 0 0 rg BT 278.78 454.60 Td (, ) Tj ET Q q 0 0 0 rg BT 283.67 454.60 Td (Arizona; ) Tj ET Q q 0 0 0 rg BT 324.30 454.60 Td (Austin, Fort ) Tj ET Q q 0 0 0 rg BT 380.03 454.60 Td (W) Tj ET Q q 0 0 0 rg BT 389.53 454.60 Td (orth, Seguin and ) Tj ET Q q 0 0 0 rg BT 464.49 454.60 Td (W) Tj ET Q q 0 0 0 rg BT 473.99 454.60 Td (aco, ) Tj ET Q q 0 0 0 rg BT 494.55 454.60 Td (T) Tj ET Q q 0 0 0 rg BT 500.51 454.60 Td (exas; ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 441.40 Td (Montevideo, Minnesota; Nappanee, Indiana; Lafayette, ) Tj ET Q q 0 0 0 rg BT 295.49 441.40 Td (T) Tj ET Q q 0 0 0 rg BT 301.44 441.40 Td (ennessee; Lexington, Mississippi; Martinsville and Rocky ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 428.20 Td (Mount, ) Tj ET Q q 0 0 0 rg BT 84.14 428.20 Td (V) Tj ET Q q 0 0 0 rg BT 91.42 428.20 Td (ir) Tj ET Q q 0 0 0 rg BT 97.94 428.20 Td (ginia; Douglas, Geor) Tj ET Q q 0 0 0 rg BT 189.70 428.20 Td (gia; and Ocala and Plant City) Tj ET Q q 0 0 0 rg BT 318.20 428.20 Td (, Florida. ) Tj ET Q q 0 0 0 rg BT 360.78 428.20 Td (The majority of the homes produced are sold ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 415.00 Td (to and distributed by independently owned retailers located primarily throughout the United States and Canada. In ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 401.80 Td (addition, our homes are sold through ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 214.17 401.80 Td (38) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 225.17 401.80 Td ( Company-owned U.S. retail locations.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 379.60 Td (Company Outlook) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 357.40 Td (W) Tj ET Q q 0 0 0 rg BT 77.00 357.40 Td (e maintain a conservative cost structure in an ef) Tj ET Q q 0 0 0 rg BT 286.33 357.40 Td (fort to build added value into our homes. In addition, the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 344.20 Td (Company has worked diligently to maintain a solid financial position. Our balance sheet strength and position in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 331.00 Td (cash and cash equivalents should help us avoid liquidity problems and enable us to act ef) Tj ET Q q 0 0 0 rg BT 440.62 331.00 Td (fectively as market ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 317.80 Td (opportunities present themselves.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 295.60 Td (W) Tj ET Q q 0 0 0 rg BT 77.44 295.60 Td (ith manufacturing facilities strategically positioned across the United States, we utilize local market research ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 282.40 Td (to design homes to meet the demands of our customers. ) Tj ET Q q 0 0 0 rg BT 296.45 282.40 Td (W) Tj ET Q q 0 0 0 rg BT 305.95 282.40 Td (e have the ability to customize floor plans and designs to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 269.20 Td (fulfill specific needs and interests. By of) Tj ET Q q 0 0 0 rg BT 227.39 269.20 Td (fering a full range of homes from entry-level models to lar) Tj ET Q q 0 0 0 rg BT 484.38 269.20 Td (ge custom homes ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 256.00 Td (with the ability to engineer designs in-house, we can accommodate virtually any customer request. In addition to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 242.80 Td (homes built in accordance with the National Manufacturing Home Construction and Safety Standards \("HUD ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 229.60 Td (code"\) promulgated by the U.S. Department of Housing and Urban Development \("HUD"\), we construct modular ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 216.40 Td (homes that conform to state and local codes, park model R) Tj ET Q q 0 0 0 rg BT 306.74 216.40 Td (Vs and cabins and light commercial buildings at many of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 203.20 Td (our manufacturing facilities.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 181.00 Td (W) Tj ET Q q 0 0 0 rg BT 77.00 181.00 Td (e employ a concerted ef) Tj ET Q q 0 0 0 rg BT 181.86 181.00 Td (fort to identify niche market opportunities where our diverse product lines and custom ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 167.80 Td (building capabilities provide us with a competitive advantage. Our green building initiatives involve the creation of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 154.60 Td (an ener) Tj ET Q q 0 0 0 rg BT 81.36 154.60 Td (gy ef) Tj ET Q q 0 0 0 rg BT 103.46 154.60 Td (ficient envelope and higher utilization of renewable materials. ) Tj ET Q q 0 0 0 rg BT 379.06 154.60 Td (These homes provide environmentally-) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 141.40 Td (friendly maintenance requirements, typically lower utility costs, specially designed ventilation systems and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 128.20 Td (sustainability) Tj ET Q q 0 0 0 rg BT 107.45 128.20 Td (. Cavco also builds homes designed to use alternative ener) Tj ET Q q 0 0 0 rg BT 363.85 128.20 Td (gy sources, such as solar and wind. From ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 115.00 Td (bamboo flooring and tankless water heaters to solar) Tj ET Q q 0 0 0 rg BT 276.24 115.00 Td (-powered homes, our products are diverse and tailored to a wide ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 101.80 Td (range of consumer interests. Innovation in housing design is a forte of the Company and we continue to introduce ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 88.60 Td (new models at competitive price points with expressive interiors and exteriors that complement home styles in the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 75.40 Td (areas in which they are located.) Tj ET Q endstream endobj 73 0 obj <>] /Rotate 0 /Contents 74 0 R>> endobj 74 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (34) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 741.40 Td (Based on the relatively low cost associated with manufactured home ownership, our products have traditionally ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 728.20 Td (competed with rental housing's monthly payment af) Tj ET Q q 0 0 0 rg BT 277.35 728.20 Td (fordability) Tj ET Q q 0 0 0 rg BT 323.07 728.20 Td (. Rental housing activity is reported to have continued ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 715.00 Td (to increase in recent years. ) Tj ET Q q 0 0 0 rg BT 168.61 715.00 Td (As a result, tenant housing vacancy rates appear to have declined, causing a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 701.80 Td (corresponding rise in associated rental rates. ) Tj ET Q q 0 0 0 rg BT 246.93 701.80 Td (These rental market factors may cause some renters to become ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 688.60 Td (interested buyers of af) Tj ET Q q 0 0 0 rg BT 147.35 688.60 Td (fordable-housing alternatives, including manufactured homes.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 666.40 Td (Further) Tj ET Q q 0 0 0 rg BT 99.44 666.40 Td (, with respect to the general rise in demand for rental housing, we have realized a lar) Tj ET Q q 0 0 0 rg BT 470.65 666.40 Td (ger proportion of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 653.20 Td (orders from developers and community owners for new manufactured homes intended for use as rental housing. ) Tj ET Q q 0 0 0 rg BT 545.07 653.20 Td (The ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 640.00 Td (Company is responsive to the unique product and related requirements of these home buyers and values the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 626.80 Td (opportunity to provide homes that are well suited for these purposes.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 604.60 Td (The backlog of sales orders at ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 201.90 604.60 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 290.19 604.60 Td ( varied among our ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 373.27 604.60 Td (20) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 384.27 604.60 Td ( factories and in total was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 591.40 Td (approximately ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 115.78 591.40 Td ($204 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 172.32 591.40 Td ( compared to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 232.49 591.40 Td ($199 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 289.02 591.40 Td ( at ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 302.46 591.40 Td (September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 390.75 591.40 Td (. Retailers may cancel orders prior to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 578.20 Td (production without penalty) Tj ET Q q 0 0 0 rg BT 167.93 578.20 Td (. ) Tj ET Q q 0 0 0 rg BT 172.83 578.20 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 227.10 578.20 Td (, until the production of a particular home has commenced, we do not ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 565.00 Td (consider our backlog to be firm orders. In response to this accelerating demand, we have raised production levels by ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 551.80 Td (increasing our workforce size and capabilities. However) Tj ET Q q 0 0 0 rg BT 296.76 551.80 Td (, the constrained labor market is a key challenge to further ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 538.60 Td (increasing production to keep pace with order rates. In addition, we have implemented higher product pricing to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 525.40 Td (of) Tj ET Q q 0 0 0 rg BT 58.46 525.40 Td (fset rising input costs, including labor and material price increases, although lar) Tj ET Q q 0 0 0 rg BT 408.03 525.40 Td (ge backlogs may cause deferred ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 512.20 Td (realization of the full benefits.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 490.00 Td (The Company participates in certain commercial loan programs with members of the Company's independent ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 476.80 Td (wholesale distribution chain. Under these programs, the Company provides a significant amount of the funds that ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 463.60 Td (independent financiers then lend to distributors to finance retail inventories of our products. In addition, the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 450.40 Td (Company has entered into direct commercial loan arrangements with distributors, communities and developers ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 437.20 Td (under which the Company provides funds for financing homes \(see Note ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 372.39 437.20 Td (7) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 377.89 437.20 Td ( to the Consolidated Financial ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 424.00 Td (Statements\). ) Tj ET Q q 0 0 0 rg BT 106.73 424.00 Td (The Company's involvement in commercial loans has increased the availability of manufactured home ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 410.80 Td (financing to distributors and users of our products. ) Tj ET Q q 0 0 0 rg BT 274.46 410.80 Td (W) Tj ET Q q 0 0 0 rg BT 283.96 410.80 Td (e believe that our participation in wholesale financing is ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 397.60 Td (helpful to retailers, communities and developers and allows our homes additional opportunities for exposure to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 384.40 Td (potential home buyers. ) Tj ET Q q 0 0 0 rg BT 152.56 384.40 Td (These initiatives support the Company's ongoing ef) Tj ET Q q 0 0 0 rg BT 378.58 384.40 Td (forts to expand our distribution base in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 371.20 Td (all of our markets with existing and new customers. However) Tj ET Q q 0 0 0 rg BT 319.71 371.20 Td (, the initiatives expose the Company to risks ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 358.00 Td (associated with the creditworthiness of certain customers and business partners, including independent retailers, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 344.80 Td (developers, communities and inventory financing partners.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 322.60 Td (Restrictive underwriting guidelines, irregular appraisal processes, higher interest rates compared to site-built ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 309.40 Td (homes, regulatory burdens, a limited number of institutions lending to manufactured home buyers and limited ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 296.20 Td (secondary market availability for manufactured home loans have been significant constraints to industry growth. ) Tj ET Q q 0 0 0 rg BT 547.51 296.20 Td (W) Tj ET Q q 0 0 0 rg BT 557.01 296.20 Td (e ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 283.00 Td (are working directly with other industry participants to develop manufactured home consumer financing loan ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 269.80 Td (portfolios to attract industry financiers interested in furthering or expanding lending opportunities in the industry) Tj ET Q q 0 0 0 rg BT 544.90 269.80 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 256.60 Td (Additionally) Tj ET Q q 0 0 0 rg BT 104.39 256.60 Td (, we continue to invest in community-based lending initiatives that provide home-only financing to new ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 243.40 Td (residents of certain manufactured home communities. Our mortgage subsidiary also develops and invests in home-) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 230.20 Td (only lending programs to grow sales of homes through traditional distribution points. ) Tj ET Q q 0 0 0 rg BT 426.62 230.20 Td (W) Tj ET Q q 0 0 0 rg BT 436.12 230.20 Td (e believe that growing our ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 217.00 Td (participation in home-only lending may provide additional sales growth opportunities for our factory-built housing ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 203.80 Td (operations.) Tj ET Q endstream endobj 75 0 obj <>] /Rotate 0 /Contents 76 0 R>> endobj 76 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (35) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 741.40 Td (W) Tj ET Q q 0 0 0 rg BT 77.00 741.40 Td (e are also working through industry trade associations to encourage favorable legislative and Government-) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 728.20 Td (Sponsored Enterprise \("GSE"\) action to address the mortgage financing needs of potential buyers of af) Tj ET Q q 0 0 0 rg BT 501.21 728.20 Td (fordable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 715.00 Td (homes. Federal law requires the GSEs to issue a regulation to implement the "Duty to Serve" requirements specified ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 701.80 Td (in the Federal Housing Enterprises Financial Safety and Soundness ) Tj ET Q q 0 0 0 rg BT 347.36 701.80 Td (Act of 1992, as amended by the Housing and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 688.60 Td (Economic Recovery ) Tj ET Q q 0 0 0 rg BT 141.14 688.60 Td (Act of 2008.In December 2017, FNMA) Tj ET Q q 0 0 0 rg BT 317.72 688.60 Td ( and FHLMC released their final Underserved Markets ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 675.40 Td (Plan that describes, with specificity) Tj ET Q q 0 0 0 rg BT 204.89 675.40 Td (, the actions they will take over a three-year period to fulfill the "Duty to Serve" ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 662.20 Td (obligation.) Tj ET Q q 0 0 0 rg BT 99.41 662.20 Td (These plans became ef) Tj ET Q q 0 0 0 rg BT 199.07 662.20 Td (fective on January 1, 2018. Each of the three-year plans of) Tj ET Q q 0 0 0 rg BT 456.05 662.20 Td (fers an enhanced ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 649.00 Td (mortgage loan product through their "MH ) Tj ET Q q 0 0 0 rg BT 236.06 649.00 Td (Advantage" and "MH ChoiceHome" programs, as well as establishes a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 635.80 Td (pilot program to purchase home-only loans. Expansion of the secondary market for lending through the GSEs could ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 622.60 Td (provide further demand for housing, as lending options would likely become more available to home buyers. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 609.40 Td (Although some limited progress has been made in the area, meaningful positive impact in the form of increased ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 596.20 Td (home orders has yet to be realized.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 574.00 Td (On January 25, 2018, HUD announced a top-to-bottom review of its manufactured housing rules as part of a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 560.80 Td (broader ef) Tj ET Q q 0 0 0 rg BT 94.19 560.80 Td (fort to identify regulations that may be inef) Tj ET Q q 0 0 0 rg BT 283.69 560.80 Td (fective, overly burdensome, or excessively costly given the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 547.60 Td (critical need for af) Tj ET Q q 0 0 0 rg BT 130.22 547.60 Td (fordable housing. If certain changes are made, the Company may be able to more ef) Tj ET Q q 0 0 0 rg BT 498.99 547.60 Td (fectively ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 534.40 Td (serve buyers of af) Tj ET Q q 0 0 0 rg BT 127.79 534.40 Td (fordable homes.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 512.20 Td (The insurance subsidiary is subject to adverse ef) Tj ET Q q 0 0 0 rg BT 280.21 512.20 Td (fects from excessive policy claims that may occur during ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 499.00 Td (periods of inclement weather) Tj ET Q q 0 0 0 rg BT 177.04 499.00 Td (, including seasonal spring storms or fall hurricane activity in ) Tj ET Q q 0 0 0 rg BT 449.64 499.00 Td (T) Tj ET Q q 0 0 0 rg BT 455.59 499.00 Td (exas where most of its ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 485.80 Td (policies are underwritten. ) Tj ET Q q 0 0 0 rg BT 164.15 485.80 Td (Where applicable, losses from catastrophic events are somewhat limited by reinsurance ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 472.60 Td (contracts in place as part of the Company's loss mitigation structure.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 450.40 Td (During the second quarter of fiscal 2018, Hurricane Harvey produced the lar) Tj ET Q q 0 0 0 rg BT 403.89 450.40 Td (gest recorded rain volume for a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 437.20 Td (single weather event in U.S. history) Tj ET Q q 0 0 0 rg BT 206.12 437.20 Td (, resulting in historic flooding and widespread property damage, primarily in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 424.00 Td (southeast ) Tj ET Q q 0 0 0 rg BT 92.99 424.00 Td (T) Tj ET Q q 0 0 0 rg BT 98.94 424.00 Td (exas, causing high homeowners' insurance claim volume. ) Tj ET Q q 0 0 0 rg BT 353.96 424.00 Td (While not as severe, during the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 493.56 424.00 Td (second quarter) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.00 424.00 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 410.80 Td (of fiscal year ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 109.66 410.80 Td (2019) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 131.66 410.80 Td (, the insurance subsidiary's results were impacted by a windstorm in ) Tj ET Q q 0 0 0 rg BT 433.02 410.80 Td (Arizona, which resulted in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 397.60 Td (increased homeowners' insurance claims for the period. ) Tj ET Q q 0 0 0 rg BT 295.84 397.60 Td (Also, Hurricanes Florence and Michael caused widespread ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 384.40 Td (damage across several regions of the country) Tj ET Q q 0 0 0 rg BT 246.71 384.40 Td (. ) Tj ET Q q 0 0 0 rg BT 252.01 384.40 Td (While our operations were not impacted by these storms, increased ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 371.20 Td (consumer demand for replacement of homes lost as a result of these events may occur) Tj ET Q q 0 0 0 rg BT 427.04 371.20 Td (. In addition, there may be a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 358.00 Td (need for disaster) Tj ET Q q 0 0 0 rg BT 121.97 358.00 Td (-relief homes for the Federal Emer) Tj ET Q q 0 0 0 rg BT 274.18 358.00 Td (gency Management ) Tj ET Q q 0 0 0 rg BT 362.76 358.00 Td (Agency) Tj ET Q q 0 0 0 rg BT 396.25 358.00 Td (. ) Tj ET Q q 0 0 0 rg BT 401.55 358.00 Td (The Company produced a limited ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 344.80 Td (number of these homes during the third and fourth quarters of fiscal year 2018 as a result of Hurricane Harvey) Tj ET Q q 0 0 0 rg BT 534.15 344.80 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 322.60 Td (As disclosed in Part I, Item 3, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 201.01 322.60 Td (Legal Pr) Tj ET Q q 0 0 0 rg BT 239.41 322.60 Td (oceedings) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 283.39 322.60 Td (, the Company and Joseph Stegmayer received subpoenas from ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 309.40 Td (the SEC's Division of Enforcement seeking documents related to trading in stock of another public company \(the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 296.20 Td ("Public Company"\). ) Tj ET Q q 0 0 0 rg BT 141.08 296.20 Td (The Company expects to incur expenses related to this matter that may materially impact ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 283.00 Td (earnings over the next several quarters. ) Tj ET Q q 0 0 0 rg BT 224.31 283.00 Td (Those costs will include, among other items, advancement of expenses for ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 269.80 Td (Mr) Tj ET Q q 0 0 0 rg BT 62.34 269.80 Td (. Stegmayer pursuant to his indemnity arrangements with the Company) Tj ET Q q 0 0 0 rg BT 375.06 269.80 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 247.60 Td (Industry Overview) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 225.40 Td (According to data reported by the Manufactured Housing Institute \("MHI"\), industry home shipments continue ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 212.20 Td (to improve, increasing ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 150.92 212.20 Td (9.7%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 173.83 212.20 Td ( for the first 8 months of calendar year 2018 compared to the same period in the prior ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 199.00 Td (year) Tj ET Q q 0 0 0 rg BT 67.82 199.00 Td (. During calendar year ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 168.91 199.00 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 190.91 199.00 Td ( our industry shipped approximately ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.13 199.00 Td (93,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 383.38 199.00 Td ( HUD code manufactured homes, an ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 185.80 Td (increase of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 100.19 185.80 Td (14.8%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 128.61 185.80 Td ( over the approximately ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 236.12 185.80 Td (81,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 266.37 185.80 Td ( units shipped in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 341.54 185.80 Td (2016) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 363.54 185.80 Td (. ) Tj ET Q q 0 0 0 rg BT 368.84 185.80 Td (This was preceded by ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 467.20 185.80 Td (71,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 497.45 185.80 Td ( homes ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 172.60 Td (shipped in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 97.78 172.60 Td (2015) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 119.78 172.60 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 125.28 172.60 Td (64,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 155.53 172.60 Td ( in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 169.58 172.60 Td (2014) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 191.58 172.60 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 197.08 172.60 Td (60,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 227.33 172.60 Td ( in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 241.39 172.60 Td (2013) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 263.39 172.60 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 284.77 172.60 Td (55,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 315.02 172.60 Td ( in calendar year ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 390.75 172.60 Td (2012) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 412.75 172.60 Td (, which was among the lowest ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 159.40 Td (levels since industry shipment statistics began to be recorded in 1959. ) Tj ET Q q 0 0 0 rg BT 358.66 159.40 Td (Annual home shipments from 2009 to 2016 ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 146.20 Td (were less than the annual home shipments for each of the 40 years from 1969 to 2008. ) Tj ET Q q 0 0 0 rg BT 431.14 146.20 Td (While industry HUD code ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 133.00 Td (manufactured home shipments have improved in recent years, the manufactured housing industry continues to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 119.80 Td (operate at relatively low levels compared to historical shipment statistics.) Tj ET Q endstream endobj 77 0 obj <>] /Rotate 0 /Contents 78 0 R>> endobj 78 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (36) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 741.40 Td (W) Tj ET Q q 0 0 0 rg BT 77.00 741.40 Td (e believe that employment rates and underemployment among potential home buyers who favor af) Tj ET Q q 0 0 0 rg BT 510.25 741.40 Td (fordable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 728.20 Td (housing as well as consumer confidence levels are improving. "First-time" and "move-up" buyers of af) Tj ET Q q 0 0 0 rg BT 501.95 728.20 Td (fordable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 715.00 Td (homes are historically among the lar) Tj ET Q q 0 0 0 rg BT 209.67 715.00 Td (gest segments of new manufactured home purchasers. Included in this group ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 701.80 Td (are lower) Tj ET Q q 0 0 0 rg BT 90.50 701.80 Td (-income households that were particularly af) Tj ET Q q 0 0 0 rg BT 286.70 701.80 Td (fected by an extended period of persistently low employment ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 688.60 Td (rates and underemployment. ) Tj ET Q q 0 0 0 rg BT 176.98 688.60 Td (The process of repairing damaged credit among consumers and ef) Tj ET Q q 0 0 0 rg BT 466.65 688.60 Td (forts to save for a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 675.40 Td (home loan down-payment often require substantial time; however) Tj ET Q q 0 0 0 rg BT 338.95 675.40 Td (, improving consumer confidence in the U.S. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 662.20 Td (economy is evident among manufactured home buyers interested in our products for seasonal or retirement living. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 649.00 Td (Home buyers, who previously have been concerned about financial stability) Tj ET Q q 0 0 0 rg BT 382.96 649.00 Td (, now appear to be less hesitant to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 635.80 Td (commit to a new home purchase. ) Tj ET Q q 0 0 0 rg BT 197.45 635.80 Td (W) Tj ET Q q 0 0 0 rg BT 206.95 635.80 Td (e believe sales of our products may continue to increase as employment and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 622.60 Td (consumer confidence levels continue to rise.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 600.40 Td (The two lar) Tj ET Q q 0 0 0 rg BT 118.00 600.40 Td (gest manufactured housing consumer demographics, young adults and those who are 55+ years old, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 587.20 Td (are both growing. ) Tj ET Q q 0 0 0 rg BT 129.95 587.20 Td (The U.S. adult population is estimated to expand by approximately ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 427.50 587.20 Td (12.1 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 481.28 587.20 Td ( between ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 523.43 587.20 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 545.43 587.20 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 574.00 Td (and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.13 574.00 Td (2023) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.13 574.00 Td (. ) Tj ET Q q 0 0 0 rg BT 95.22 574.00 Td (Y) Tj ET Q q 0 0 0 rg BT 102.07 574.00 Td (oung adults born from 1976 to 1995, sometimes referred to as Gen ) Tj ET Q q 0 0 0 rg BT 397.68 574.00 Td (Y) Tj ET Q q 0 0 0 rg BT 404.21 574.00 Td (, represent a lar) Tj ET Q q 0 0 0 rg BT 471.80 574.00 Td (ge segment of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 560.80 Td (population. Late-stage Gen ) Tj ET Q q 0 0 0 rg BT 171.27 560.80 Td (Y) Tj ET Q q 0 0 0 rg BT 178.81 560.80 Td ( is approximately 2.2million people lar) Tj ET Q q 0 0 0 rg BT 352.44 560.80 Td (ger than the next age category born from 1966 ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 547.60 Td (to 1975, Gen X, and is considered to be in the peak home-buying years. Gen ) Tj ET Q q 0 0 0 rg BT 388.17 547.60 Td (Y) Tj ET Q q 0 0 0 rg BT 395.71 547.60 Td ( represents prime first-time home ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 534.40 Td (buyers who may be attracted by the af) Tj ET Q q 0 0 0 rg BT 216.99 534.40 Td (fordability) Tj ET Q q 0 0 0 rg BT 262.71 534.40 Td (, diversity of style choices and location flexibility of factory-built ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 521.20 Td (homes. ) Tj ET Q q 0 0 0 rg BT 83.52 521.20 Td (The age 55 and older category is reported to be the fastest growing segment of the U.S. population. ) Tj ET Q q 0 0 0 rg BT 522.29 521.20 Td (This ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 508.00 Td (group is similarly interested in the value proposition; however) Tj ET Q q 0 0 0 rg BT 322.78 508.00 Td (, they are also motivated by the ener) Tj ET Q q 0 0 0 rg BT 482.02 508.00 Td (gy ef) Tj ET Q q 0 0 0 rg BT 504.12 508.00 Td (ficiency and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 494.80 Td (low maintenance requirements of systems-built homes, and by the lifestyle of) Tj ET Q q 0 0 0 rg BT 390.52 494.80 Td (fered by planned communities ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 481.60 Td (specifically designed for homeowners in this age group.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 459.40 Td (Results of Operations) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 49.50 437.20 Td (Three and six months ended September 29, 2018) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 269.51 437.20 Td ( compared to ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 330.91 437.20 Td (September 30, 2017) Tj ET Q BT /F4 11.00 Tf ET BT /F4 11.00 Tf ET q 0 0 0 rg BT 67.50 415.00 Td (Net Revenue.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 392.80 Td (Net revenue consisted of the following for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 272.77 392.80 Td (three and six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 484.17 392.80 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 505.56 392.80 Td (September ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 379.60 Td (30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 88.00 379.60 Td (, respectively \(dollars in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 305.10 239.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 305.10 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 305.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 305.10 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 305.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 305.10 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.50 305.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 305.10 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 275.10 239.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 275.10 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 275.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 275.10 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 275.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 275.10 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.50 275.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 275.10 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 253.10 239.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 253.10 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 253.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 253.10 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 253.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 253.10 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.50 253.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 253.10 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 231.10 239.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 231.10 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 231.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 231.10 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 231.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 231.10 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.50 231.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 231.10 52.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 345.1 m 367.5 345.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 345.1 m 371.5 345.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 345.1 m 448.5 345.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 345.1 m 367.5 345.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 320.1 m 367.5 320.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 345.1 m 371.5 345.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 345.1 m 448.5 345.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 320.1 m 448.5 320.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 320.1 m 504.5 320.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 320.1 m 560.5 320.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 275.1 m 367.5 275.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 275.1 m 448.5 275.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 275.1 m 504.5 275.1 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 349.97 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 322.05 349.97 Td (Three Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 325.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.20 334.97 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 317.00 323.97 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 377.70 334.97 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 398.50 323.97 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 461.15 325.02 Td (Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 511.20 325.02 Td (% Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 309.97 Td (Net revenue:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 294.97 Td (Factory-built housing) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 292.00 294.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 327.55 294.97 Td (227,094) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 374.00 294.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 408.55 294.97 Td (187,380) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 455.00 294.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 470.00 294.97 Td (39,714) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.50 294.97 Td (21.2) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 294.97 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 279.97 Td (Financial services) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 333.05 279.97 Td (14,436) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 414.05 279.97 Td (13,127) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.50 279.97 Td (1,309) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.50 279.97 Td (10.0) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 279.97 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 292.00 264.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 327.55 264.97 Td (241,530) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 374.00 264.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 408.55 264.97 Td (200,507) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 455.00 264.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 470.00 264.97 Td (41,023) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.50 264.97 Td (20.5) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 264.97 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 242.97 Td (T) Tj ET Q q 0 0 0 rg BT 59.33 242.97 Td (otal homes sold) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 338.55 242.97 Td (3,536) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 419.55 242.97 Td (3,298) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 484.50 242.97 Td (238) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 537.00 242.97 Td (7.2) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 242.97 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 220.97 Td (Net factory-built housing revenue per home sold) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 292.00 220.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 333.05 220.97 Td (64,223) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 374.00 220.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 414.05 220.97 Td (56,816) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 455.00 220.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 475.50 220.97 Td (7,407) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.50 220.97 Td (13.0) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 220.97 Td (%) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 142.10 241.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.00 142.10 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.00 142.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 142.10 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.00 142.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.00 142.10 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 142.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 142.10 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 112.10 241.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.00 112.10 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.00 112.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 112.10 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.00 112.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.00 112.10 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 112.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 112.10 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 90.10 241.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.00 90.10 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.00 90.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 90.10 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.00 90.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.00 90.10 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 90.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 90.10 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 68.10 241.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.00 68.10 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.00 68.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 68.10 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.00 68.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.00 68.10 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 68.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 68.10 52.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291 182.10000000000002 m 369 182.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369 182.10000000000002 m 373 182.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 182.10000000000002 m 451 182.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291 182.10000000000002 m 369 182.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291 157.10000000000002 m 369 157.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369 182.10000000000002 m 373 182.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 182.10000000000002 m 451 182.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 157.10000000000002 m 451 157.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455 157.10000000000002 m 507 157.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 157.10000000000002 m 563 157.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291 112.10000000000002 m 369 112.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 112.10000000000002 m 451 112.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455 112.10000000000002 m 507 112.10000000000002 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.50 186.97 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 329.55 186.97 Td (Six Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.50 162.02 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 297.70 171.97 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.50 160.97 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 379.70 171.97 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.50 160.97 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 463.65 162.02 Td (Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 513.70 162.02 Td (% Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.50 146.97 Td (Net revenue:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 70.50 131.97 Td (Factory-built housing) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 293.50 131.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 329.05 131.97 Td (459,856) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.50 131.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.05 131.97 Td (380,262) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 457.50 131.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 472.50 131.97 Td (79,594) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 534.00 131.97 Td (20.9) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 553.30 131.97 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 70.50 116.97 Td (Financial services) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 334.55 116.97 Td (28,077) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 416.55 116.97 Td (27,061) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.00 116.97 Td (1,016) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 539.50 116.97 Td (3.8) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 553.30 116.97 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 293.50 101.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 329.05 101.97 Td (487,933) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.50 101.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.05 101.97 Td (407,323) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 457.50 101.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 472.50 101.97 Td (80,610) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 534.00 101.97 Td (19.8) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 553.30 101.97 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.50 79.97 Td (T) Tj ET Q q 0 0 0 rg BT 58.83 79.97 Td (otal homes sold) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 340.05 79.97 Td (7,423) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 422.05 79.97 Td (6,773) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 487.00 79.97 Td (650) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 539.50 79.97 Td (9.6) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 553.30 79.97 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.50 57.97 Td (Net factory-built housing revenue per home sold) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 293.50 57.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 334.55 57.97 Td (61,950) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.50 57.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 416.55 57.97 Td (56,144) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 457.50 57.97 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.00 57.97 Td (5,806) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 534.00 57.97 Td (10.3) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 553.30 57.97 Td (%) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 79 0 obj <>] /Rotate 0 /Contents 80 0 R>> endobj 80 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (37) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 741.40 Td (The ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.35 741.40 Td (increase) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.38 741.40 Td ( in Net revenue from the factory-built housing segmentfor the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.44 741.40 Td (three and six months ended ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 728.20 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 137.79 728.20 Td ( compared to the same period last year was from higher home selling prices from input cost ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 715.00 Td (inflation, modestly lar) Tj ET Q q 0 0 0 rg BT 146.75 715.00 Td (ger home sizes and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 233.50 715.00 Td (improved) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 275.66 715.00 Td ( home sales volume. Net revenue for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 456.18 715.00 Td (three and six months ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 701.80 Td (ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 166.80 701.80 Td ( includes subcontracted pass-through services of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 382.46 701.80 Td ($6.2 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 436.25 701.80 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 457.63 701.80 Td ($12.8 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 516.91 701.80 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 688.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 101.93 688.60 Td (, from this fiscal year's required implementation of accounting standards) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 420.37 688.60 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 423.12 688.60 Td (wherebysubcontracted pass-) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 675.40 Td (through services, such as the preparation of a home site or other home enhancements, are now recognized on a gross ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 662.20 Td (basis rather than net of associated costs.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 640.00 Td (Net factory-built housing revenue per home sold is a volatile metric dependent upon several factors. ) Tj ET Q q 0 0 0 rg BT 509.80 640.00 Td (A) Tj ET Q q 0 0 0 rg BT 517.14 640.00 Td ( primary ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 626.80 Td (factor is the price disparity between sales of homes to independent retailers, builders, communities and developers ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 613.60 Td (\("Wholesale"\) and sales of homes to consumers by Company-owned retail centers \("Retail"\). ) Tj ET Q q 0 0 0 rg BT 461.61 613.60 Td (Wholesale sales prices ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 600.40 Td (are primarily comprised of the home and the cost to ship the home from a homebuilding facility to the home-site. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 587.20 Td (Retail home prices include these items and retail markup, as well as items that are lar) Tj ET Q q 0 0 0 rg BT 423.78 587.20 Td (gely subject to home buyer ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 574.00 Td (discretion, including, but not limited to, installation, utility connections, site improvements, landscaping and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 560.80 Td (additional services. Changes to the proportion of home sales among these distribution channels between reporting ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 547.60 Td (periods impacts the overall Net revenue per home sold. For the) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 329.31 547.60 Td (six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 497.34 547.60 Td (, the Company ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 534.40 Td (sold) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 70.59 534.40 Td (6,036) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 95.34 534.40 Td (homes ) Tj ET Q q 0 0 0 rg BT 129.36 534.40 Td (Wholesale and) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 197.16 534.40 Td (1,387) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 221.91 534.40 Td (Retail versus) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 284.54 534.40 Td (5,541) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 309.29 534.40 Td (homes ) Tj ET Q q 0 0 0 rg BT 343.31 534.40 Td (Wholesale and) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 411.11 534.40 Td (1,232) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 435.86 534.40 Td (homes Retail in the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 521.20 Td (comparable prior year period. Further) Tj ET Q q 0 0 0 rg BT 214.91 521.20 Td (, fluctuations in net factory-built housing revenue per home sold are the result ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 508.00 Td (of changes in product mix, which results from home buyer tastes and preferences as they select home types/models, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 494.80 Td (as well as optional home upgrades when purchasing the home. ) Tj ET Q q 0 0 0 rg BT 326.98 494.80 Td (These selections vary regularly based on consumer ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 481.60 Td (interests, local housing preferences and economic circumstances. Our product prices are also periodically adjusted ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 468.40 Td (for the cost and availability of raw materials included in, and labor used to produce, each home. For these reasons, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 455.20 Td (we have experienced, and expect to continue to experience, volatility in overall net factory-built housing revenue ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 442.00 Td (per home sold.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 419.80 Td (Financial services segment revenue ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 226.33 419.80 Td (increased) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 267.86 419.80 Td (, resulting from ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 338.73 419.80 Td (5.1%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 361.65 419.80 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 364.40 419.80 Td (more) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 387.00 419.80 Td (home loan sales period over period ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 406.60 Td (and more insurance policies in force in the current year compared to the prior year) Tj ET Q q 0 0 0 rg BT 411.13 406.60 Td (. In addition, the prior year period ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 393.40 Td (revenue containsa reduction in net sales of $1.4 million for additional premiums that were paid to reinstate ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 380.20 Td (reinsurance coverage that was utilized to mitigate losses incident to Hurricane Harvey activity) Tj ET Q q 0 0 0 rg BT 462.97 380.20 Td (. ) Tj ET Q q 0 0 0 rg BT 468.27 380.20 Td (The overall ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 521.41 380.20 Td (increase) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 557.44 380.20 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 367.00 Td (is partially of) Tj ET Q q 0 0 0 rg BT 107.95 367.00 Td (fset by lower interest income earned on securitized loan portfolios that continue to amortize.) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 67.50 344.80 Td (Gross ) Tj ET Q q 0 0 0 rg BT 96.54 344.80 Td (Profit.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 322.60 Td (Gross ) Tj ET Q q 0 0 0 rg BT 95.59 322.60 Td (profit ) Tj ET Q q 0 0 0 rg BT 122.44 322.60 Td (consisted ) Tj ET Q q 0 0 0 rg BT 165.80 322.60 Td (of ) Tj ET Q q 0 0 0 rg BT 177.38 322.60 Td (the ) Tj ET Q q 0 0 0 rg BT 193.23 322.60 Td (following ) Tj ET Q q 0 0 0 rg BT 238.42 322.60 Td (for ) Tj ET Q q 0 0 0 rg BT 253.67 322.60 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.52 322.60 Td (three ) Tj ET Q q 0 0 0 rg BT 293.92 322.60 Td (and ) Tj ET Q q 0 0 0 rg BT 312.22 322.60 Td (six ) Tj ET Q q 0 0 0 rg BT 327.48 322.60 Td (months ) Tj ET Q q 0 0 0 rg BT 362.29 322.60 Td (ended ) Tj ET Q q 0 0 0 rg BT 390.97 322.60 Td (September ) Tj ET Q q 0 0 0 rg BT 440.43 322.60 Td (29, ) Tj ET Q q 0 0 0 rg BT 456.59 322.60 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 478.59 322.60 Td ( ) Tj ET Q q 0 0 0 rg BT 481.01 322.60 Td (and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 499.31 322.60 Td (September ) Tj ET Q q 0 0 0 rg BT 548.77 322.60 Td (30, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 309.40 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.50 309.40 Td (, ) Tj ET Q q 0 0 0 rg BT 77.00 309.40 Td (respectively ) Tj ET Q q 0 0 0 rg BT 132.89 309.40 Td (\(in ) Tj ET Q q 0 0 0 rg BT 147.86 309.40 Td (thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 219.90 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 219.90 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 219.90 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 219.90 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 219.90 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 219.90 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 219.90 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 219.90 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 189.90 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 189.90 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 189.90 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 189.90 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 189.90 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 189.90 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 189.90 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 189.90 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 167.90 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 167.90 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 167.90 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 167.90 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 167.90 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 167.90 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 167.90 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 167.90 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 259.9 m 347.5 259.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 259.9 m 351.5 259.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 259.9 m 422.5 259.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 259.9 m 347.5 259.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 234.89999999999998 m 347.5 234.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 259.9 m 351.5 259.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 259.9 m 422.5 259.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 234.89999999999998 m 422.5 234.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 234.89999999999998 m 491.5 234.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 234.89999999999998 m 560.5 234.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 189.89999999999998 m 347.5 189.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 189.89999999999998 m 422.5 189.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 189.89999999999998 m 491.5 189.89999999999998 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 264.77 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 302.05 264.77 Td (Three Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 239.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 279.20 249.77 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 300.00 238.77 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.70 249.77 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.50 238.77 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 437.55 239.82 Td ($ Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 504.70 239.82 Td (% Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 224.77 Td (Gross profit:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 209.77 Td (Factory-built housing) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 278.00 209.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 307.55 209.77 Td (41,798) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.00 209.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 382.55 209.77 Td (29,919) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 429.00 209.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 457.00 209.77 Td (1) Tj ET Q q 0 0 0 rg BT 462.50 209.77 Td (1,879) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.55 209.77 Td (39.7) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 209.77 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 194.77 Td (Financial services) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 313.05 194.77 Td (7,618) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 388.05 194.77 Td (4,635) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.55 194.77 Td (2,983) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.55 194.77 Td (64.4) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 194.77 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 278.00 179.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 307.55 179.77 Td (49,416) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.00 179.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 382.55 179.77 Td (34,554) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 429.00 179.77 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 457.00 179.77 Td (14,862) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.55 179.77 Td (43.0) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 179.77 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 157.77 Td (Gross profit as % of Net revenue:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.55 157.77 Td (20.5) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 337.80 157.77 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 393.55 157.77 Td (17.2) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 412.80 157.77 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 469.65 157.77 Td (N/A) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 537.05 157.77 Td (3.3) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 157.77 Td (%) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 81 0 obj <>] /Rotate 0 /Contents 82 0 R>> endobj 82 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (38) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 693.50 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 693.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 693.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 693.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 693.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 693.50 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 693.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 693.50 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 663.50 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 663.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 663.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 663.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 663.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 663.50 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 663.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 663.50 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 641.50 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 641.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 641.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 641.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 641.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 641.50 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 641.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 641.50 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 733.5 m 347.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 733.5 m 351.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 733.5 m 422.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 733.5 m 347.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 708.5 m 347.5 708.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 733.5 m 351.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 733.5 m 422.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 708.5 m 422.5 708.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 708.5 m 491.5 708.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 708.5 m 560.5 708.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 663.5 m 347.5 663.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 663.5 m 422.5 663.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 663.5 m 491.5 663.5 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 738.37 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 307.55 738.37 Td (Six Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 713.42 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 279.20 723.37 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 300.00 712.37 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.70 723.37 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.50 712.37 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 437.55 713.42 Td ($ Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 504.70 713.42 Td (% Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 698.37 Td (Gross profit:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 683.37 Td (Factory-built housing) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 278.00 683.37 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 307.55 683.37 Td (85,684) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.00 683.37 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 382.55 683.37 Td (64,419) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 429.00 683.37 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 457.00 683.37 Td (21,265) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.55 683.37 Td (33.0) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 683.37 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 668.37 Td (Financial services) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 307.55 668.37 Td (15,208) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 382.55 668.37 Td (12,101) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.55 668.37 Td (3,107) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.55 668.37 Td (25.7) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 668.37 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 278.00 653.37 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 302.00 653.37 Td (100,892) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.00 653.37 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 382.55 653.37 Td (76,520) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 429.00 653.37 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 457.00 653.37 Td (24,372) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.55 653.37 Td (31.9) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 653.37 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 631.37 Td (Gross profit as % of Net revenue:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.55 631.37 Td (20.7) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 337.80 631.37 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 393.55 631.37 Td (18.8) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 412.80 631.37 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 469.65 631.37 Td (N/A) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 537.05 631.37 Td (1.9) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 631.37 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 604.80 Td (Factory-built housing gross profit for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 250.20 604.80 Td (three and six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 461.60 604.80 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 464.35 604.80 Td (increased) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 505.88 604.80 Td ( from higher ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 591.65 Td (home sales and average home selling prices from input cost inflation, as well as factory ef) Tj ET Q q 0 0 0 rg BT 445.17 591.65 Td (ficiencies from improved ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 578.45 Td (utilization. In addition, the prior year's second quarter was impacted by Hurricane Harvey) Tj ET Q q 0 0 0 rg BT 443.57 578.45 Td (, which caused delays in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 565.25 Td (manufacturing and retail sales, as well as new home inventory damage at certain Company-owned retail centers.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 543.05 Td (Financial services gross profit for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.29 543.05 Td (three and six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 445.69 543.05 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 448.44 543.05 Td (increased) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 489.97 543.05 Td ( as the prior ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 529.85 Td (year's second quarter was impacted by Hurricane Harvey) Tj ET Q q 0 0 0 rg BT 299.69 529.85 Td (, resulting in significant homeowners' insurance claims. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 516.65 Td (While not as significant, during the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 207.44 516.65 Td (second quarter) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 271.88 516.65 Td ( of fiscal year ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 334.79 516.65 Td (2019) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 356.79 516.65 Td (, there were high homeowners' insurance ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 503.45 Td (claims related to a windstorm in ) Tj ET Q q 0 0 0 rg BT 193.08 503.45 Td (Arizona. ) Tj ET Q q 0 0 0 rg BT 233.81 503.45 Td (The Company maintains reinsurance for catastrophic losses in excess of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 490.25 Td ($1.5 million. In addition, the overall increase was partially of) Tj ET Q q 0 0 0 rg BT 318.73 490.25 Td (fset by lower interest income earned on securitized ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 477.05 Td (loan portfolios that continue to amortize.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 454.85 Td ( ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 70.25 454.85 Td (Selling, General and ) Tj ET Q q 0 0 0 rg BT 166.41 454.85 Td (Administrative Expenses.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 432.65 Td (Selling, general and administrative expenses consisted of the following for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 415.13 432.65 Td (three and six months ended ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 419.45 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 137.79 419.45 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 159.17 419.45 Td (September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 247.46 419.45 Td (, respectively \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 340.95 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 340.95 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 340.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 340.95 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 340.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 340.95 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 340.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 340.95 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 310.95 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 310.95 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 310.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 310.95 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 310.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 310.95 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 310.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 310.95 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 288.95 225.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 288.95 72.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 288.95 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 288.95 71.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 288.95 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 288.95 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 288.95 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 288.95 65.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 381.95000000000005 m 347.5 381.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 381.95000000000005 m 351.5 381.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 381.95000000000005 m 422.5 381.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 381.95000000000005 m 347.5 381.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 356.95000000000005 m 347.5 356.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 381.95000000000005 m 351.5 381.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 381.95000000000005 m 422.5 381.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 356.95000000000005 m 422.5 356.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 356.95000000000005 m 491.5 356.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 356.95000000000005 m 560.5 356.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 310.95000000000005 m 347.5 310.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 310.95000000000005 m 422.5 310.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 310.95000000000005 m 347.5 310.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 310.95000000000005 m 422.5 310.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 310.95000000000005 m 491.5 310.95000000000005 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 386.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 302.05 386.82 Td (Three Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 361.87 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 279.20 371.82 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 300.00 360.82 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.70 371.82 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.50 360.82 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 437.55 361.87 Td ($ Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 504.70 361.87 Td (% Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 346.82 Td (Selling, general and administrative expenses:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 330.82 Td (Factory-built housing) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 278.00 330.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 307.55 330.82 Td (25,921) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.00 330.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 382.55 330.82 Td (22,386) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 429.00 330.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.55 330.82 Td (3,535) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 527.90 330.82 Td (15.8) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 330.82 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 315.82 Td (Financial services) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 313.05 315.82 Td (4,1) Tj ET Q q 0 0 0 rg BT 326.80 315.82 Td (14) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 388.05 315.82 Td (3,767) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 470.80 315.82 Td (347) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.40 315.82 Td (9.2) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 315.82 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 278.00 300.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 307.55 300.82 Td (30,035) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.00 300.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 382.55 300.82 Td (26,153) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 429.00 300.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.55 300.82 Td (3,882) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 527.90 300.82 Td (14.8) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 300.82 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 278.82 Td (Selling, general and administrative expenses as) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 267.82 Td (% of Net revenue:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.55 268.87 Td (12.4) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 337.80 268.87 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 393.55 268.87 Td (13.0) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 412.80 268.87 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 469.65 268.87 Td (N/A) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 529.70 268.87 Td (\(0.6) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.15 268.87 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 185.95 227.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.00 185.95 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 185.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 185.95 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 185.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 185.95 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 185.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 185.95 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 155.95 227.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.00 155.95 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 155.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 155.95 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 155.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 155.95 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 155.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 155.95 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 133.95 227.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.00 133.95 72.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 133.95 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 133.95 72.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 133.95 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 133.95 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 133.95 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 133.95 65.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277 226.95000000000005 m 349 226.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 226.95000000000005 m 353 226.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353 226.95000000000005 m 425 226.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277 226.95000000000005 m 349 226.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277 201.95000000000005 m 349 201.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 226.95000000000005 m 353 226.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353 226.95000000000005 m 425 226.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353 201.95000000000005 m 425 201.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 201.95000000000005 m 494 201.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 201.95000000000005 m 563 201.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277 155.95000000000005 m 349 155.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353 155.95000000000005 m 425 155.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277 155.95000000000005 m 349 155.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353 155.95000000000005 m 425 155.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 155.95000000000005 m 494 155.95000000000005 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.50 231.82 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 309.55 231.82 Td (Six Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.50 206.87 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 280.70 216.82 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 301.50 205.82 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 356.70 216.82 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 377.50 205.82 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 440.05 206.87 Td ($ Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 507.20 206.87 Td (% Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.50 191.82 Td (Selling, general and administrative expenses:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 70.50 175.82 Td (Factory-built housing) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 279.50 175.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 309.05 175.82 Td (50,970) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 355.50 175.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 385.05 175.82 Td (44,683) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 431.50 175.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 465.05 175.82 Td (6,287) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 530.40 175.82 Td (14.1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 553.30 175.82 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 70.50 160.82 Td (Financial services) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 314.55 160.82 Td (8,278) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 390.55 160.82 Td (7,775) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 473.30 160.82 Td (503) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 535.90 160.82 Td (6.5) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 553.30 160.82 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 279.50 145.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 309.05 145.82 Td (59,248) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 355.50 145.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 385.05 145.82 Td (52,458) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 431.50 145.82 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 465.05 145.82 Td (6,790) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 530.40 145.82 Td (12.9) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 553.30 145.82 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.50 123.82 Td (Selling, general and administrative expenses as %) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.50 112.82 Td (of Net revenue:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 320.05 113.87 Td (12.1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 339.30 113.87 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 396.05 113.87 Td (12.9) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 415.30 113.87 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 472.15 113.87 Td (N/A) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 532.20 113.87 Td (\(0.8) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 549.65 113.87 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 87.20 Td (Selling, general and administrative expenses related to factory-built housing and financial services ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 503.39 87.20 Td (increased) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 544.92 87.20 Td ( for ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 74.00 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 65.69 74.00 Td (three and six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 277.09 74.00 Td ( primarily from higher salary and incentive compensation ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 60.80 Td (expense from improved results.) Tj ET Q endstream endobj 83 0 obj <>] /Rotate 0 /Contents 84 0 R>> endobj 84 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (39) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 741.40 Td (As a percentage of Net revenue, Selling, general and administrative expenses decreased modestly from fixed ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 728.20 Td (cost ef) Tj ET Q q 0 0 0 rg BT 78.32 728.20 Td (ficiencies gained from higher sales volume.) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 67.50 706.00 Td (Interest Expense.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 683.80 Td (Interest expense was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 161.27 683.80 Td ($941,000) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 202.52 683.80 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 223.90 683.80 Td ($1.0 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 277.68 683.80 Td ( for the three months ended ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 401.09 683.80 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 489.38 683.80 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 510.76 683.80 Td (September ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 670.60 Td (30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 88.00 670.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 145.93 670.60 Td (. For the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 185.65 670.60 Td (six months ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 262.64 670.60 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 265.39 670.60 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.68 670.60 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.06 670.60 Td (September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 463.35 670.60 Td (, Interest expense was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 657.40 Td ($1.9 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 103.28 657.40 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 124.66 657.40 Td ($2.1 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 178.44 657.40 Td (, respectively) Tj ET Q q 0 0 0 rg BT 236.37 657.40 Td (. ) Tj ET Q q 0 0 0 rg BT 241.67 657.40 Td (Thedecreasefor the) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 333.89 657.40 Td (three and six months ended September 29, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 644.20 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.50 644.20 Td (compared to the same periods in the prior year is attributable to lower interest expense on securitized ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 631.00 Td (portfolios that continue to amortize, partially of) Tj ET Q q 0 0 0 rg BT 258.55 631.00 Td (fset by interest related to secured credit facilities and capital leases ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 617.80 Td (of manufacturing facilities and land entered into as part of the Lexington Homes acquisition during fiscal year 2018.) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 67.50 595.60 Td (Other Income, net.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 63.00 573.40 Td (Other income, net was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 164.72 573.40 Td ($1.1 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 218.50 573.40 Td ( in each of the three months ended ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 372.44 573.40 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 460.73 573.40 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 482.12 573.40 Td (September 30, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 560.20 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.50 560.20 Td (. For the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 111.22 560.20 Td (six months ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 188.21 560.20 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 190.96 560.20 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 279.25 560.20 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 300.64 560.20 Td (September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 388.93 560.20 Td (, Other income, net was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 496.14 560.20 Td ($3.9 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 549.92 560.20 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 547.00 Td (and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.13 547.00 Td ($2.2 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 121.91 547.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 179.84 547.00 Td (. ) Tj ET Q q 0 0 0 rg BT 185.14 547.00 Td (The ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 204.99 547.00 Td (six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 373.03 547.00 Td ( includes $1.1 million in unrealized gains ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 533.80 Td (on corporate investments from this year's implementation of ) Tj ET Q q 0 0 0 rg BT 316.64 533.80 Td (ASU 2016-01, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 383.56 533.80 Td (Financial Instruments \(Subtopic ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 49.50 520.60 Td (825-10\): Recognition and Measur) Tj ET Q q 0 0 0 rg BT 199.09 520.60 Td (ement of Financial ) Tj ET Q q 0 0 0 rg BT 284.73 520.60 Td (Assets and Financial Liabilities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 424.37 520.60 Td (. Unrealized gains and losses ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 507.40 Td (are now required to be reported on the Consolidated Statement of Comprehensive Income instead of recording these ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 494.20 Td (amounts in accumulated other comprehensive income on the Consolidated Balance Sheets. In addition, interest ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 481.00 Td (income increased by $805,000 in the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 214.15 481.00 Td (six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 382.19 481.00 Td ( versus the comparable period from ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 467.80 Td (higher interest rates on lar) Tj ET Q q 0 0 0 rg BT 164.15 467.80 Td (ger cash balances.) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 67.50 445.60 Td (Income Before Income T) Tj ET Q q 0 0 0 rg BT 180.44 445.60 Td (axes.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 423.40 Td (Income before income taxes consisted of the following for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 343.63 423.40 Td (three and six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 555.03 423.40 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 410.20 Td (and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.13 410.20 Td (September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 156.42 410.20 Td (, respectively \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 344.70 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 344.70 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 344.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 344.70 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 344.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 344.70 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 344.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 344.70 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 314.70 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 314.70 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 314.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 314.70 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 314.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 314.70 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 314.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 314.70 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 384.7 m 347.5 384.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 384.7 m 351.5 384.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 384.7 m 422.5 384.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 359.7 m 347.5 359.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 359.7 m 422.5 359.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 359.7 m 491.5 359.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 359.7 m 560.5 359.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 314.7 m 347.5 314.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 314.7 m 422.5 314.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 314.7 m 491.5 314.7 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 389.57 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 302.05 389.57 Td (Three Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 364.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 279.20 374.57 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 300.00 363.57 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.70 374.57 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.50 363.57 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 437.55 364.62 Td ($ Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 504.70 364.62 Td (% Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 349.57 Td (Income before income taxes:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 334.57 Td (Factory-built housing) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 278.00 334.57 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 313.05 334.57 Td (16,880) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.00 334.57 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 393.55 334.57 Td (8,584) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 429.00 334.57 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.55 334.57 Td (8,296) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 527.90 334.57 Td (96.6) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 334.57 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 319.57 Td (Financial services) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.55 319.57 Td (2,637) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.60 319.57 Td (\(85) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 418.30 319.57 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.55 319.57 Td (2,722) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 510.45 319.57 Td (\(3,202.4) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 547.15 319.57 Td (\)%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 278.00 304.57 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 313.05 304.57 Td (19,517) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.00 304.57 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 393.55 304.57 Td (8,499) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 429.00 304.57 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 457.00 304.57 Td (1) Tj ET Q q 0 0 0 rg BT 462.50 304.57 Td (1,018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 522.40 304.57 Td (129.6) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 304.57 Td (%) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 222.70 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 222.70 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 222.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 222.70 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 222.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 222.70 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 222.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 222.70 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 192.70 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 192.70 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 192.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 192.70 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 192.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 192.70 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 192.70 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 192.70 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 262.70000000000005 m 347.5 262.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 262.70000000000005 m 351.5 262.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 262.70000000000005 m 422.5 262.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 237.70000000000005 m 347.5 237.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 237.70000000000005 m 422.5 237.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 237.70000000000005 m 491.5 237.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 237.70000000000005 m 560.5 237.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 192.70000000000005 m 347.5 192.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 192.70000000000005 m 422.5 192.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 192.70000000000005 m 491.5 192.70000000000005 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 267.57 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 307.55 267.57 Td (Six Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 242.62 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 279.20 252.57 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 300.00 241.57 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.70 252.57 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 375.50 241.57 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 437.55 242.62 Td ($ Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 504.70 242.62 Td (% Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 227.57 Td (Income before income taxes:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 212.57 Td (Factory-built housing) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 278.00 212.57 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 313.05 212.57 Td (38,488) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.00 212.57 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 388.05 212.57 Td (21,754) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 429.00 212.57 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 457.00 212.57 Td (16,734) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.55 212.57 Td (76.9) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 212.57 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.00 197.57 Td (Financial services) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 318.55 197.57 Td (5,165) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 393.55 197.57 Td (2,396) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 462.55 197.57 Td (2,769) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 526.00 197.57 Td (1) Tj ET Q q 0 0 0 rg BT 531.50 197.57 Td (15.6) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 197.57 Td (%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 278.00 182.57 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 313.05 182.57 Td (43,653) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.00 182.57 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 388.05 182.57 Td (24,150) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 429.00 182.57 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 457.00 182.57 Td (19,503) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 531.55 182.57 Td (80.8) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 550.80 182.57 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F4 11.00 Tf ET q 0 0 0 rg BT 67.50 156.00 Td (Income tax expense.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 133.80 Td (Income tax expense was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 177.46 133.80 Td ($3.9 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 231.24 133.80 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 252.62 133.80 Td ($2.3 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 306.40 133.80 Td ( for the three months ended ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 429.81 133.80 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 518.10 133.80 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 120.60 Td (September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 137.79 120.60 Td (. For the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 177.51 120.60 Td (six months ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 254.50 120.60 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 257.25 120.60 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 345.54 120.60 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 366.93 120.60 Td (September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 455.22 120.60 Td (, Income tax expense ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 107.40 Td (was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 69.36 107.40 Td ($8.4 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.14 107.40 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 144.52 107.40 Td ($6.2 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 198.30 107.40 Td (, respectively) Tj ET Q q 0 0 0 rg BT 256.23 107.40 Td (. ) Tj ET Q q 0 0 0 rg BT 261.53 107.40 Td (The ef) Tj ET Q q 0 0 0 rg BT 289.73 107.40 Td (fective income tax rate for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 424.71 107.40 Td (second fiscal quarter) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 515.73 107.40 Td ( was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 94.20 Td (20.2%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 77.91 94.20 Td ( compared to an ef) Tj ET Q q 0 0 0 rg BT 159.56 94.20 Td (fective tax rate of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 239.57 94.20 Td (27.3%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 267.99 94.20 Td ( for the same period last year) Tj ET Q q 0 0 0 rg BT 395.05 94.20 Td (. For the) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.77 94.20 Td (six months ended September ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 81.00 Td (29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 88.00 81.00 Td (and) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 109.38 81.00 Td (September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 197.67 81.00 Td (, the ef) Tj ET Q q 0 0 0 rg BT 227.71 81.00 Td (fective income tax rate was) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 350.79 81.00 Td (19.2%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 379.20 81.00 Td (and) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.58 81.00 Td (25.7%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 428.99 81.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 486.92 81.00 Td (.) Tj ET Q endstream endobj 85 0 obj <>] /Rotate 0 /Contents 86 0 R>> endobj 86 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (40) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 741.40 Td (The decease in our ef) Tj ET Q q 0 0 0 rg BT 161.36 741.40 Td (fective tax rate for the three and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 304.59 741.40 Td (six months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.58 741.40 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 384.08 741.40 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 472.37 741.40 Td ( is attributed to the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 728.20 Td (T) Tj ET Q q 0 0 0 rg BT 55.45 728.20 Td (ax Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 131.84 728.20 Td (Act \(the "T) Tj ET Q q 0 0 0 rg BT 180.77 728.20 Td (ax ) Tj ET Q q 0 0 0 rg BT 193.29 728.20 Td (Act"\), enacted on December 22, 2017, which reduced the federal corporate tax rate ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 715.00 Td (to21%for our fiscal year ending March 30, 2019. Income tax expense also includes a benefit of $1.1 million and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 701.80 Td ($2.3 million for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 137.80 701.80 Td (three and six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 349.20 701.80 Td (, respectively) Tj ET Q q 0 0 0 rg BT 407.12 701.80 Td (, related to excess tax benefits ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 688.60 Td (from exercises of stock options, compared to a benefit of $300,000 and $1.7 million in the comparable prior year ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 675.40 Td (periods, respectively) Tj ET Q q 0 0 0 rg BT 139.81 675.40 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 653.20 Td (Liquidity and Capital Resour) Tj ET Q q 0 0 0 rg BT 187.75 653.20 Td (ces) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 631.00 Td (W) Tj ET Q q 0 0 0 rg BT 77.00 631.00 Td (e believe that cash and cash equivalents at ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 265.15 631.00 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.44 631.00 Td (, together with cash flow from operations, will ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 617.80 Td (be suf) Tj ET Q q 0 0 0 rg BT 75.88 617.80 Td (ficient to fund our operations and provide for growth for the next 12 months and into the foreseeable future. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 604.60 Td (W) Tj ET Q q 0 0 0 rg BT 59.00 604.60 Td (e maintain cash in U.S. ) Tj ET Q q 0 0 0 rg BT 163.59 604.60 Td (T) Tj ET Q q 0 0 0 rg BT 169.92 604.60 Td (reasury money market funds and money market funds, some of which are in excess of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 591.40 Td (federally insured limits. ) Tj ET Q q 0 0 0 rg BT 156.83 591.40 Td (W) Tj ET Q q 0 0 0 rg BT 166.33 591.40 Td (e expect to continue to evaluate potential acquisitions of, or strategic investments in, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 578.20 Td (businesses that are complementary to our Company) Tj ET Q q 0 0 0 rg BT 276.06 578.20 Td (. Such transactions may require the use of cash and have other ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 565.00 Td (impacts on the Company's liquidity and capital resources in the event of such a transaction. Because of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 551.80 Td (Company's suf) Tj ET Q q 0 0 0 rg BT 114.53 551.80 Td (ficient cash position, we have not sought external sources of liquidity) Tj ET Q q 0 0 0 rg BT 419.00 551.80 Td (, with the exception of certain ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 538.60 Td (credit facilities for our home-only lending programs. However) Tj ET Q q 0 0 0 rg BT 323.97 538.60 Td (, depending on our operating results and strategic ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 525.40 Td (opportunities, we may need to seek additional or alternative sources of financing. ) Tj ET Q q 0 0 0 rg BT 409.74 525.40 Td (There can be no assurance that ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 512.20 Td (such financing would be available on satisfactory terms, if at all. If this financing were not available, it could be ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 499.00 Td (necessary for us to reevaluate our long-term operating plans to make more ef) Tj ET Q q 0 0 0 rg BT 387.73 499.00 Td (ficient use of our existing capital ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 485.80 Td (resources. ) Tj ET Q q 0 0 0 rg BT 96.34 485.80 Td (The exact nature of any changes to our plans that would be considered depends on various factors, such ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 472.60 Td (as conditions in the factory-built housing industry and general economic conditions outside of our control.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 450.40 Td (The following is a summary of our cash flows for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 304.86 450.40 Td (six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 472.90 450.40 Td ( and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 494.28 450.40 Td (September 30, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 437.20 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.50 437.20 Td (, respectively \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 347.70 292.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.00 347.70 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 347.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.00 347.70 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 347.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 347.70 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 315.70 292.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.00 315.70 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 315.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.00 315.70 71.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 315.70 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 315.70 71.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 401.7 m 413 401.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 401.7 m 417 401.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 401.7 m 488 401.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 374.7 m 413 374.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 374.7 m 488 374.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 374.7 m 563 374.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 374.7 m 563 374.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 299.7 m 488 299.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 299.7 m 563 299.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 299.7 m 413 299.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 284.7 m 413 284.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 282.7 m 413 282.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 299.7 m 488 299.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 284.7 m 488 284.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 282.7 m 488 282.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 299.7 m 563 299.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 284.7 m 563 284.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 282.7 m 563 282.7 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 373.55 406.62 Td (Six Months Ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 345.20 390.62 Td (September 29,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 366.00 379.62 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 420.20 390.62 Td (September 30,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 441.00 379.62 Td (2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 506.05 379.62 Td ($ Change) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.50 364.57 Td (Cash, cash equivalents and restricted cash at beginning of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.50 353.57 Td (period) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 344.50 352.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 373.05 352.62 Td (199,258) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 419.50 352.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 448.05 352.62 Td (144,839) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 494.50 352.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.55 352.62 Td (54,419) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 70.50 337.57 Td (Net cash provided by operating activities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 378.55 336.62 Td (17,808) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 459.05 336.62 Td (8,685) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 534.05 336.62 Td (9,123) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 70.50 321.57 Td (Net cash used in investing activities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 380.35 320.62 Td (\(3,170) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 408.80 320.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 455.35 320.62 Td (\(2,169) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 483.80 320.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 530.35 320.62 Td (\(1,001) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.80 320.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 70.50 305.57 Td (Net cash used in financing activities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 380.35 304.62 Td (\(4,201) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 408.80 304.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 463.60 304.62 Td (\(942) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 483.80 304.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 530.35 304.62 Td (\(3,259) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 558.80 304.62 Td (\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 52.50 289.57 Td (Cash, cash equivalents and restricted cash at end of the period) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 344.50 288.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 373.05 288.62 Td (209,695) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 419.50 288.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 448.05 288.62 Td (150,413) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 494.50 288.62 Td ($) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.55 288.62 Td (59,282) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 262.00 Td (Net cash provided by operating activities ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 250.78 262.00 Td (increased) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 292.31 262.00 Td ( during the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 342.71 262.00 Td (six months ended September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 510.75 262.00 Td (, compared ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 248.80 Td (to the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 76.99 248.80 Td (six months ended September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.03 248.80 Td (, primarily as a result of cash generated by operating income before ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 235.60 Td (non-cash char) Tj ET Q q 0 0 0 rg BT 110.69 235.60 Td (ges from increased home sales volume and profitability compared to the prior year) Tj ET Q q 0 0 0 rg BT 473.57 235.60 Td (. ) Tj ET Q q 0 0 0 rg BT 478.87 235.60 Td (This increase was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 222.40 Td (partially of) Tj ET Q q 0 0 0 rg BT 97.87 222.40 Td (fset by additional lending to expand the Company's commercial and home-only lending programs. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 209.20 Td (Additionally) Tj ET Q q 0 0 0 rg BT 104.39 209.20 Td (, loan origination activity in excess of proceeds from the sale of loans and increased accounts receivable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 196.00 Td (resulting from higher home sales of) Tj ET Q q 0 0 0 rg BT 206.01 196.00 Td (fset the cash generated from net income before non-cash char) Tj ET Q q 0 0 0 rg BT 476.10 196.00 Td (ges during the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 182.80 Td (period.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 160.60 Td (Consumer loan originations ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 192.46 160.60 Td (decreased) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 235.81 160.60 Td ( by ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 252.31 160.60 Td ($1.8 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 306.09 160.60 Td ( to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 320.15 160.60 Td ($64.5 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 379.43 160.60 Td ( for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 413.95 160.60 Td (six months ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 490.94 160.60 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 493.69 160.60 Td (September 29, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 147.40 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 71.50 147.40 Td ( from ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 98.38 147.40 Td ($66.3 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 157.66 147.40 Td ( for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 192.18 147.40 Td (six months ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 269.17 147.40 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 271.92 147.40 Td (September 30, 2017) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 360.21 147.40 Td (. ) Tj ET Q q 0 0 0 rg BT 365.51 147.40 Td (These decreases relate to longer factory ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 134.20 Td (backlogs extending the loan closing time frame. Proceeds from sales of consumer loans provided ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 479.30 134.20 Td ($62.2 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 538.58 134.20 Td ( in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 121.00 Td (cash, compared to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 131.97 121.00 Td ($59.2 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 191.25 121.00 Td ( in the previous year) Tj ET Q q 0 0 0 rg BT 280.45 121.00 Td (. ) Tj ET Q q 0 0 0 rg BT 285.75 121.00 Td (While loan originations were down during the period, there ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 107.80 Td (were additional sales from loans held for investment, which include home-only loans originated in prior periods. ) Tj ET Q endstream endobj 87 0 obj <>] /Rotate 0 /Contents 88 0 R>> endobj 88 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (41) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 741.40 Td (W) Tj ET Q q 0 0 0 rg BT 77.44 741.40 Td (ith respect to consumer lending for the purchase of manufactured housing, states may classify manufactured ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 728.20 Td (homes for both legal and tax purposes as personal property rather than real estate. ) Tj ET Q q 0 0 0 rg BT 410.85 728.20 Td (As a result, financing for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 715.00 Td (purchase of manufactured homes is characterized by shorter loan maturities and higher interest rates. Unfavorable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 701.80 Td (changes in these factors and the current lack of availability of financing in the industry may have material negative ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 688.60 Td (ef) Tj ET Q q 0 0 0 rg BT 57.85 688.60 Td (fects on liquidity) Tj ET Q q 0 0 0 rg BT 131.68 688.60 Td (. See Item IA, "Risk Factors" in our Form 10-K.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 666.40 Td (Cavco has entered into programs to provide some of the capital used by inventory lenders to finance wholesale ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 653.20 Td (home purchases by retailers. ) Tj ET Q q 0 0 0 rg BT 177.28 653.20 Td (The Company has also entered into direct commercial loan arrangements with ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 640.00 Td (distributors, communities and developers under which the Company provides funds for financing homes and has ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 626.80 Td (invested in community-based lending initiatives that provide home-only financing to new residents of certain ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 613.60 Td (manufactured home communities \(see Note) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 244.07 613.60 Td (7) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 249.57 613.60 Td ( to the Consolidated Financial Statements\). Further) Tj ET Q q 0 0 0 rg BT 473.68 613.60 Td (, the Company has ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 600.40 Td (invested in and developed home-only loan pools and lending programs to attract third party financier interest and to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 587.20 Td (grow sales of new homes through traditional distribution points as well.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 565.00 Td (Cash used for investing activities during the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 263.94 565.00 Td (six months) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 311.92 565.00 Td ( ended ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 343.68 565.00 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 431.97 565.00 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 434.72 565.00 Td (increased) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 476.25 565.00 Td ( compared to the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 551.80 Td (same period last year as the Company continues to focus on investing in production capacity and ef) Tj ET Q q 0 0 0 rg BT 486.74 551.80 Td (ficiency ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 538.60 Td (initiatives, which has led to increased purchases of property) Tj ET Q q 0 0 0 rg BT 311.79 538.60 Td (, plant and equipment during the current period ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 525.40 Td (compared to last year) Tj ET Q q 0 0 0 rg BT 143.27 525.40 Td (. ) Tj ET Q q 0 0 0 rg BT 148.57 525.40 Td (This increase is partially of) Tj ET Q q 0 0 0 rg BT 268.11 525.40 Td (fset by lower purchases of investments. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 503.20 Td (Financing activities used ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 179.62 503.20 Td ($3.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.40 503.20 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 235.90 503.20 Td (of additional cash during the current period compared to the same period ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 490.00 Td (last year) Tj ET Q q 0 0 0 rg BT 86.01 490.00 Td (, as there were lower proceeds from secured credit facilities, partially of) Tj ET Q q 0 0 0 rg BT 401.92 490.00 Td (fset by lower payments related to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 476.80 Td (stock option exercises.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 67.50 454.60 Td (Financings. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 122.49 454.60 Td (As of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 149.38 454.60 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 237.67 454.60 Td (, there were two classes of securitized bond debt outstanding: one ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 441.40 Td (totaling ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 85.86 441.40 Td ($19.1 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 145.14 441.40 Td ( with a coupon rate of 5.20% with a call date in January 2019, and one totaling ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 494.29 441.40 Td ($20.7 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 553.57 441.40 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 428.20 Td (with a coupon rate of 5.846% with a call date in July 2019. It is anticipated that we will purchase or refinance these ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 415.00 Td (facilities at or prior to their call dates.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 392.80 Td (CountryPlace's securitized debt is subject to provisions that require certain levels of overcollateralization. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 379.60 Td (Overcollateralization is equal to CountryPlace's equity in the bonds. Failure to satisfy these provisions could cause ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 366.40 Td (cash, which would normally be distributed to CountryPlace, to be used for repayment of the principal of the related ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 353.20 Td (Class ) Tj ET Q q 0 0 0 rg BT 75.48 353.20 Td (A) Tj ET Q q 0 0 0 rg BT 82.82 353.20 Td ( bonds until the required overcollateralization level is reached. During periods when the overcollateralization ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 340.00 Td (is below the specified level, cash collections from the securitized loans in excess of servicing fees payable to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 326.80 Td (CountryPlace and amounts owed to the Class ) Tj ET Q q 0 0 0 rg BT 250.84 326.80 Td (A) Tj ET Q q 0 0 0 rg BT 258.17 326.80 Td ( bondholders, trustee and surety) Tj ET Q q 0 0 0 rg BT 397.68 326.80 Td (, are applied to reduce the Class ) Tj ET Q q 0 0 0 rg BT 540.02 326.80 Td (A) Tj ET Q q 0 0 0 rg BT 547.35 326.80 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 313.60 Td (debt until such time overcollateralization reaches the specified level. ) Tj ET Q q 0 0 0 rg BT 353.51 313.60 Td (Therefore, failure to meet the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 300.40 Td (overcollateralization requirement could adversely af) Tj ET Q q 0 0 0 rg BT 278.97 300.40 Td (fect the timing of cash flows received by CountryPlace. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 287.20 Td (However) Tj ET Q q 0 0 0 rg BT 89.38 287.20 Td (, principal payments of the securitized debt, including accelerated amounts, is payable only from cash ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 274.00 Td (collections from the securitized loans and no additional sources of repayment are required or permitted. ) Tj ET Q q 0 0 0 rg BT 507.06 274.00 Td (As of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 260.80 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 137.79 260.80 Td (, the 2005-1 and 2007-1 securitized portfolios were within the required overcollateralization ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 247.60 Td (level.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 225.40 Td (The Company has entered into secured credit facilities with independent third party banks with draw periods ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 212.20 Td (from one to fifteen months and maturity dates of ten years after the expiration of the draw periods. ) Tj ET Q q 0 0 0 rg BT 485.19 212.20 Td (The proceeds are ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 199.00 Td (used by the Company to originate and hold consumer home-only loans secured by manufactured homes, which are ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 185.80 Td (pledged as collateral to the facilities. Upon completion of the draw down period, the facilities are converted into an ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 172.60 Td (amortizing loan based on a 20 or 25 year amortization period with a balloon payment due upon maturity) Tj ET Q q 0 0 0 rg BT 507.30 172.60 Td (. ) Tj ET Q q 0 0 0 rg BT 512.60 172.60 Td (The ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 159.40 Td (maximum advance for loans under this program is 80% of the outstanding collateral principal balance, with the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 146.20 Td (Company providing the remaining funds. ) Tj ET Q q 0 0 0 rg BT 233.42 146.20 Td (As of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 260.31 146.20 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 348.60 146.20 Td (, the outstanding balance of the converted loans ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 133.00 Td (was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 69.36 133.00 Td ($1) Tj ET Q q 0 0 0 rg BT 79.95 133.00 Td (1.5 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 128.23 133.00 Td ( at a weighted average interest rate of 4.9%, with ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 346.31 133.00 Td ($5.0 million) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 400.09 133.00 Td ( available to draw) Tj ET Q q 0 0 0 rg BT 477.87 133.00 Td (. ) Tj ET Q q 0 0 0 rg BT 482.76 133.00 Td (Amounts drawn ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 119.80 Td (bear interest at 5.15%. Once converted, the initial annual interest rate of 5.15% will adjust every 5 years beginning ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 106.60 Td (in 2024 to Prime plus 0.40%. ) Tj ET Q q 0 0 0 rg BT 180.69 106.60 Td (The per annum interest rate shall never be less than 5.00% or greater than 6.00%.) Tj ET Q endstream endobj 89 0 obj <>] /Rotate 0 /Contents 90 0 R>> endobj 90 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (42) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 741.60 Td (Critical ) Tj ET Q q 0 0 0 rg BT 87.68 741.60 Td (Accounting Policies) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 719.40 Td (In Part II, Item 7 of our Form 10-K, under the heading "Critical ) Tj ET Q q 0 0 0 rg BT 349.06 719.40 Td (Accounting Policies," we have provided a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 706.20 Td (discussion of the critical accounting policies that management believes af) Tj ET Q q 0 0 0 rg BT 372.78 706.20 Td (fect its more significant judgments and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 49.50 693.00 Td (estimates used in the preparation of our Consolidated Financial Statements.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 670.80 Td (Recent ) Tj ET Q q 0 0 0 rg BT 84.01 670.80 Td (Accounting Pr) Tj ET Q q 0 0 0 rg BT 151.95 670.80 Td (onouncements) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 648.60 Td (See Note 1 to the Consolidated Financial Statements ) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.1450980392156863 0.1450980392156863 0.1450980392156863 rg BT 301.51 648.60 Td (for a discussion of recently issued and adopted accounting ) Tj ET Q BT /F1 11.00 Tf ET q 0.1450980392156863 0.1450980392156863 0.1450980392156863 rg BT 49.50 635.40 Td (pronouncements) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 122.20 635.40 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 49.50 613.20 Td (Off Balance Sheet ) Tj ET Q q 0 0 0 rg BT 135.96 613.20 Td (Arrangements) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 67.50 591.00 Td (See Note ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 110.26 591.00 Td (16) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 121.26 591.00 Td ( to the Consolidated Financial Statements) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.1450980392156863 0.1450980392156863 0.1450980392156863 rg BT 304.26 591.00 Td ( for a discussion) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 376.06 591.00 Td ( of our of) Tj ET Q q 0 0 0 rg BT 417.10 591.00 Td (f-balance sheet commitments.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 568.75 Td (Item 3. Quantitative and Qualitative Disclosur) Tj ET Q q 0 0 0 rg BT 267.35 568.75 Td (es ) Tj ET Q q 0 0 0 rg BT 278.66 568.75 Td (About Market Risk) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 546.55 Td (There have been no material changes from the quantitative and qualitative disclosures about market risk ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 533.35 Td (previously disclosed in our ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 171.60 533.35 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 193.60 533.35 Td ( ) Tj ET Q q 0 0 0 rg BT 195.74 533.35 Td (Annual Report on Form 10-K.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 506.20 Td (Item 4. Contr) Tj ET Q q 0 0 0 rg BT 113.65 506.20 Td (ols and Pr) Tj ET Q q 0 0 0 rg BT 161.12 506.20 Td (ocedur) Tj ET Q q 0 0 0 rg BT 193.31 506.20 Td (es) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 484.00 Td (\(a\) Disclosure Controls and Procedures) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 461.80 Td (W) Tj ET Q q 0 0 0 rg BT 77.50 461.80 Td (e carried out an evaluation, under the supervision and with the participation of our management, including ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 448.55 Td (our President and ) Tj ET Q q 0 0 0 rg BT 129.13 448.55 Td (Acting Chief Executive Of) Tj ET Q q 0 0 0 rg BT 247.14 448.55 Td (ficer and Chief ) Tj ET Q q 0 0 0 rg BT 315.25 448.55 Td (Accounting Of) Tj ET Q q 0 0 0 rg BT 380.73 448.55 Td (ficer) Tj ET Q q 0 0 0 rg BT 400.44 448.55 Td (, of the ef) Tj ET Q q 0 0 0 rg BT 442.39 448.55 Td (fectiveness of the design ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 435.35 Td (and operation of our disclosure controls and procedures \(as defined in the Exchange ) Tj ET Q q 0 0 0 rg BT 421.74 435.35 Td (Act Rules 13a-15\(e\) and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 422.20 Td (15d-15\(e\)\). Based upon that evaluation, our President and ) Tj ET Q q 0 0 0 rg BT 306.60 422.20 Td (Acting Chief Executive Of) Tj ET Q q 0 0 0 rg BT 424.62 422.20 Td (ficer and Chief ) Tj ET Q q 0 0 0 rg BT 492.73 422.20 Td (Accounting ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 408.95 Td (Of) Tj ET Q q 0 0 0 rg BT 61.41 408.95 Td (ficer concluded that, as of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 178.08 408.95 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 266.37 408.95 Td (, our disclosure controls and procedures were ef) Tj ET Q q 0 0 0 rg BT 476.93 408.95 Td (fective.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 386.75 Td (\(b\) Changes in Internal Control over Financial Reporting) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 364.55 Td (There have been no changes in our internal controls over financial reporting \(as defined in Exchange ) Tj ET Q q 0 0 0 rg BT 513.33 364.55 Td (Act Rules ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 351.35 Td (13a-15\(f\) and 15d-15\(f\)\) that occurred during the fiscal quarter ended ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 359.09 351.35 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 447.38 351.35 Td (, which have materially ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 338.15 Td (af) Tj ET Q q 0 0 0 rg BT 58.35 338.15 Td (fected, or are reasonably likely to materially af) Tj ET Q q 0 0 0 rg BT 264.00 338.15 Td (fect, our internal control over financial reporting.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 221.50 310.95 Td (P) Tj ET Q q 0 0 0 rg BT 227.40 310.95 Td (AR) Tj ET Q q 0 0 0 rg BT 242.90 310.95 Td (T) Tj ET Q q 0 0 0 rg BT 250.04 310.95 Td ( II. OTHER INFORMA) Tj ET Q q 0 0 0 rg BT 362.29 310.95 Td (TION) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 283.75 Td (Item 1. Legal Pr) Tj ET Q q 0 0 0 rg BT 126.17 283.75 Td (oceedings ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 261.55 Td (Information regarding reportable legal proceedings is contained in Part I, Item 3, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 425.99 261.55 Td (Legal Pr) Tj ET Q q 0 0 0 rg BT 464.39 261.55 Td (oceedings) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 508.37 261.55 Td (, in our ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 248.35 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 248.35 Td ( ) Tj ET Q q 0 0 0 rg BT 74.14 248.35 Td (Annual Report on Form 10-K. ) Tj ET Q q 0 0 0 rg BT 210.21 248.35 Td (The following describes legal proceedings, if any) Tj ET Q q 0 0 0 rg BT 426.67 248.35 Td (, that became reportable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 235.15 Td (during the period ended ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 157.52 235.15 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.81 235.15 Td (, and, if applicable, amends and restates descriptions of previously ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 221.95 Td (reported legal proceedings in which there have been material developments during such quarter) Tj ET Q q 0 0 0 rg BT 469.68 221.95 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 199.75 Td (On ) Tj ET Q q 0 0 0 rg BT 83.59 199.75 Td (August 20, 2018, the Company received a subpoena from the SEC's Division of Enforcement requesting ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 186.55 Td (certain documents relating to, among other items, trading in the stock of Public Company) Tj ET Q q 0 0 0 rg BT 443.06 186.55 Td (. On October 1, 2018, the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 173.35 Td (SEC sent a subpoena for documents and testimony to Joseph Stegmayer) Tj ET Q q 0 0 0 rg BT 366.67 173.35 Td (, the Company's former Chairman, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 160.15 Td (President, and Chief Executive Of) Tj ET Q q 0 0 0 rg BT 200.40 160.15 Td (ficer) Tj ET Q q 0 0 0 rg BT 220.10 160.15 Td (, regarding similar issues. ) Tj ET Q q 0 0 0 rg BT 334.97 160.15 Td (At this time, the Company believes that Mr) Tj ET Q q 0 0 0 rg BT 525.00 160.15 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 146.95 Td (Stegmayer traded in certain publicly traded stock in his personal accounts as well as in accounts held by the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 133.75 Td (Company at a time when the Company had agreed to refrain from such trading. ) Tj ET Q q 0 0 0 rg BT 402.00 133.75 Td (The Company has initiated an ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 120.55 Td (independent investigation and intends to cooperate fully with the SEC's investigation.) Tj ET Q endstream endobj 91 0 obj <>] /Rotate 0 /Contents 92 0 R>> endobj 92 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (43) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (W) Tj ET Q q 0 0 0 rg BT 77.50 741.40 Td (e are party to certain legal proceedings that arise in the ordinary course and are incidental to our business. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (Certain of the claims pending against us in these proceedings allege, among other things, breach of contract, breach ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 715.00 Td (of express and implied warranties, construction defect, deceptive trade practices, unfair insurance practices, product ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 701.80 Td (liability and personal injury) Tj ET Q q 0 0 0 rg BT 171.18 701.80 Td (. ) Tj ET Q q 0 0 0 rg BT 176.07 701.80 Td (Although litigation is inherently uncertain, based on past experience and the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 688.60 Td (information currently available, management does not believe that the currently pending and threatened litigation or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 675.40 Td (claims will have a material adverse ef) Tj ET Q q 0 0 0 rg BT 215.95 675.40 Td (fect on the Company's consolidated financial position, liquidity or results of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 662.20 Td (operations. However) Tj ET Q q 0 0 0 rg BT 141.20 662.20 Td (, future events or circumstances currently unknown to management will determine whether the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 649.00 Td (resolution of pending or threatened litigation or claims will ultimately have a material ef) Tj ET Q q 0 0 0 rg BT 438.65 649.00 Td (fect on our consolidated ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 635.80 Td (financial position, liquidity or results of operations in any future reporting periods.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 608.60 Td (Item 1A. Risk Factors ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 586.40 Td (In addition to the other information set forth in this Report, you should carefully consider the factors discussed ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 573.20 Td (in Part I, Item 1A, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 132.79 573.20 Td (Risk Factors) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 188.70 573.20 Td (, in our ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 222.92 573.20 Td (2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 244.92 573.20 Td ( ) Tj ET Q q 0 0 0 rg BT 247.06 573.20 Td (Annual Report on Form 10-K, which could materially af) Tj ET Q q 0 0 0 rg BT 495.83 573.20 Td (fect our ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 560.00 Td (business, financial condition or future results. ) Tj ET Q q 0 0 0 rg BT 253.26 560.00 Td (The risks described in this Report and in our ) Tj ET Q q 0 0 0 rg BT 450.92 560.00 Td (Annual Report on Form ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 546.80 Td (10-K are not the only risks facing our Company) Tj ET Q q 0 0 0 rg BT 260.07 546.80 Td (. ) Tj ET Q q 0 0 0 rg BT 264.97 546.80 Td (Additional risks and uncertainties not currently known to us or that ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 533.60 Td (we currently deem to be immaterial also may materially adversely af) Tj ET Q q 0 0 0 rg BT 352.18 533.60 Td (fect our business, financial condition and/or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 520.40 Td (operating results. ) Tj ET Q q 0 0 0 rg BT 128.31 520.40 Td (These risk factors have not materially changed from the disclosures provided in our 2018 ) Tj ET Q q 0 0 0 rg BT 522.98 520.40 Td (Annual ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 507.20 Td (Report on Form 10-K, except for the following:) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 50.00 485.00 Td (W) Tj ET Q q 0 0 0 rg BT 58.96 485.00 Td (e may face risks related to the potential outcomes of the SEC subpoena, including potential penalties, expense, ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 50.00 471.80 Td (the use of significant management time and attention, potential litigation or regulatory action, and potential ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 50.00 458.60 Td (reputational damage that the Company may suf) Tj ET Q q 0 0 0 rg BT 265.54 458.60 Td (fer as a result of the matters under investigation.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 436.40 Td (As disclosed in the Legal Proceedings section on page 42, on ) Tj ET Q q 0 0 0 rg BT 339.28 436.40 Td (August 20, 2018 the Company received a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 423.20 Td (subpoena from the SEC requesting certain documents relating to, among other items, trading in the stock of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 410.00 Td (Public Company) Tj ET Q q 0 0 0 rg BT 122.92 410.00 Td (. On October 1, 2018, the SEC sent a subpoena for documents and testimony to former Chairman ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 396.80 Td (of the Board, President and Chief Executive Of) Tj ET Q q 0 0 0 rg BT 258.13 396.80 Td (ficer) Tj ET Q q 0 0 0 rg BT 277.84 396.80 Td (, Joseph Stegmayer) Tj ET Q q 0 0 0 rg BT 362.63 396.80 Td (, regarding similar issues. ) Tj ET Q q 0 0 0 rg BT 477.50 396.80 Td (At this time, the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 383.60 Td (Company believes that Mr) Tj ET Q q 0 0 0 rg BT 166.40 383.60 Td (. Stegmayer traded in certain publicly traded stock in his personal accounts as well as in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 370.40 Td (accounts held by Cavco at a time when the Company had agreed to refrain from such trading. ) Tj ET Q q 0 0 0 rg BT 464.00 370.40 Td (The Company intends ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 357.20 Td (to cooperate fully with the SEC's investigation.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 335.00 Td (Ef) Tj ET Q q 0 0 0 rg BT 78.18 335.00 Td (fective November 8, 2018, Mr) Tj ET Q q 0 0 0 rg BT 211.37 335.00 Td (. Stegmayer stepped down from his position as Chairman, President and Chief ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 321.80 Td (Executive Of) Tj ET Q q 0 0 0 rg BT 108.14 321.80 Td (ficer of the Company after an internal investigation, conducted by independent legal counsel to the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 308.60 Td (Audit Committee of the Board of Directors, identified certain violations of Company policy related to securities ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 295.40 Td (trading activities conducted by Mr) Tj ET Q q 0 0 0 rg BT 200.91 295.40 Td (. Stegmayer) Tj ET Q q 0 0 0 rg BT 252.84 295.40 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 273.20 Td (W) Tj ET Q q 0 0 0 rg BT 77.50 273.20 Td (e are unable to predict what consequences any investigation by any regulatory agency or by our ) Tj ET Q q 0 0 0 rg BT 500.24 273.20 Td (Audit ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 260.00 Td (Committee may have on us. Our cooperation with these investigations could result in significant legal and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 246.80 Td (accounting expenses, has diverted management's attention from other business concerns which could harm our ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 233.60 Td (business and could result in reputational damage. ) Tj ET Q q 0 0 0 rg BT 268.73 233.60 Td (Any proceedings commenced against us by a regulatory agency ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 220.40 Td (could result in administrative orders against us, the imposition of penalties and/or fines against us, and/or the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 207.20 Td (imposition of sanctions against certain of our current or former of) Tj ET Q q 0 0 0 rg BT 338.77 207.20 Td (ficers, directors and/or employees. ) Tj ET Q q 0 0 0 rg BT 493.13 207.20 Td (The ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 194.00 Td (investigations, results of the investigations, or remedial actions we have taken or may take as a result of such ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 180.80 Td (investigations may adversely af) Tj ET Q q 0 0 0 rg BT 188.79 180.80 Td (fect our business. If we are subject to adverse findings resulting from the SEC ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 167.60 Td (investigation, or from our own independent investigation, we could be required to pay damages and/or penalties or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 154.40 Td (have other remedies imposed on us.) Tj ET Q endstream endobj 93 0 obj <>] /Rotate 0 /Contents 94 0 R>> endobj 94 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (44) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 741.60 Td (Item 5. Other) Tj ET Q q 0 0 0 rg BT 113.64 741.60 Td ( Information ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 719.40 Td ( ) Tj ET Q q 0 0 0 rg BT 70.14 719.40 Td (As disclosed in the Legal Proceedings section on page 42, on ) Tj ET Q q 0 0 0 rg BT 341.42 719.40 Td (August 20, 2018, the Company received a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 706.20 Td (subpoena from the SEC's Division of Enforcement requesting certain documents relating to, among other items, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 693.00 Td (trading in the stock of Public Company) Tj ET Q q 0 0 0 rg BT 222.21 693.00 Td (. On October 1, 2018, the SEC sent a subpoena for documents and testimony ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 679.80 Td (to former Chairman, President and Chief Executive Of) Tj ET Q q 0 0 0 rg BT 290.51 679.80 Td (ficer) Tj ET Q q 0 0 0 rg BT 310.21 679.80 Td (, Joseph Stegmayer regarding similar issues. ) Tj ET Q q 0 0 0 rg BT 507.57 679.80 Td (At this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 666.60 Td (time, the Company believes that Mr) Tj ET Q q 0 0 0 rg BT 207.64 666.60 Td (. Stegmayer traded in certain publicly traded stock in his personal accounts as ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 653.40 Td (well as in accounts held by Cavco at a time when the Company had agreed to refrain from such trading. ) Tj ET Q q 0 0 0 rg BT 508.91 653.40 Td (The ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 640.20 Td (Company intends to cooperate fully with the SEC's investigation.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 618.00 Td (Ef) Tj ET Q q 0 0 0 rg BT 78.18 618.00 Td (fective November 8, 2018, Mr) Tj ET Q q 0 0 0 rg BT 211.37 618.00 Td (. Stegmayer stepped down as Chairman, President and Chief Executive Of) Tj ET Q q 0 0 0 rg BT 538.64 618.00 Td (ficer ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 604.80 Td (of the Company after an internal investigation, conducted by independent legal counsel to the ) Tj ET Q q 0 0 0 rg BT 463.91 604.80 Td (Audit Committee of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 591.60 Td (the Board of Directors, identified certain violations of Company policy related to securities trading activities ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 578.40 Td (conducted by Mr) Tj ET Q q 0 0 0 rg BT 124.54 578.40 Td (. Stegmayer) Tj ET Q q 0 0 0 rg BT 176.47 578.40 Td (. ) Tj ET Q q 0 0 0 rg BT 181.77 578.40 Td (The internal investigation remains ongoing. ) Tj ET Q q 0 0 0 rg BT 376.48 578.40 Td (The Board's decision to transition Mr) Tj ET Q q 0 0 0 rg BT 540.07 578.40 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 565.20 Td (Stegmayer to a non-executive role allows the Company to retain access to his deep industry and operational ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 552.00 Td (experience, while removing him from an executive role.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 529.80 Td (At the time of his resignation as a member of the Company's Board of Directors, Mr) Tj ET Q q 0 0 0 rg BT 438.40 529.80 Td (. Stegmayer had no ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 516.60 Td (disagreement with the Company on any matter related to the Company's operations, policies, or practices.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 494.40 Td (Also on November 8, 2018, the Board of Directors appointed Daniel L. Urness as President and ) Tj ET Q q 0 0 0 rg BT 491.71 494.40 Td (Acting Chief ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 481.20 Td (Executive Of) Tj ET Q q 0 0 0 rg BT 108.14 481.20 Td (ficer) Tj ET Q q 0 0 0 rg BT 127.68 481.20 Td (. Joshua J. Barsetti will assume the duties of principal financial of) Tj ET Q q 0 0 0 rg BT 416.78 481.20 Td (ficer) Tj ET Q q 0 0 0 rg BT 436.32 481.20 Td (. Long-time independent ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 468.00 Td (board member) Tj ET Q q 0 0 0 rg BT 113.40 468.00 Td (, ) Tj ET Q q 0 0 0 rg BT 118.70 468.00 Td (W) Tj ET Q q 0 0 0 rg BT 128.64 468.00 Td (illiam Boor) Tj ET Q q 0 0 0 rg BT 178.61 468.00 Td (, will serve as non-executive Chairman of the Board of Directors.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 445.80 Td (Mr) Tj ET Q q 0 0 0 rg BT 80.84 445.80 Td (. Urness, 50, was previously Cavco's Executive ) Tj ET Q q 0 0 0 rg BT 291.58 445.80 Td (V) Tj ET Q q 0 0 0 rg BT 298.86 445.80 Td (ice President, Chief Financial Of) Tj ET Q q 0 0 0 rg BT 443.15 445.80 Td (ficer and ) Tj ET Q q 0 0 0 rg BT 484.48 445.80 Td (T) Tj ET Q q 0 0 0 rg BT 490.81 445.80 Td (reasurer from ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 432.60 Td (April 2015 until ) Tj ET Q q 0 0 0 rg BT 123.03 432.60 Td (August 2018. Previously) Tj ET Q q 0 0 0 rg BT 231.40 432.60 Td (, Mr) Tj ET Q q 0 0 0 rg BT 249.74 432.60 Td (. Urness served as Cavco's ) Tj ET Q q 0 0 0 rg BT 368.83 432.60 Td (V) Tj ET Q q 0 0 0 rg BT 376.11 432.60 Td (ice President, Chief Financial Of) Tj ET Q q 0 0 0 rg BT 520.40 432.60 Td (ficer and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 419.40 Td (T) Tj ET Q q 0 0 0 rg BT 56.33 419.40 Td (reasurer from January 2006 to ) Tj ET Q q 0 0 0 rg BT 191.04 419.40 Td (April 2015 and as a director and/or of) Tj ET Q q 0 0 0 rg BT 356.71 419.40 Td (ficer of certain of Cavco's subsidiaries, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 406.20 Td (including Palm Harbor Homes, Inc., Fleetwood Homes, Inc., CountryPlace ) Tj ET Q q 0 0 0 rg BT 382.69 406.20 Td (Acceptance Corp. and Standard ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 393.00 Td (Casualty Company) Tj ET Q q 0 0 0 rg BT 133.31 393.00 Td (. Mr) Tj ET Q q 0 0 0 rg BT 151.64 393.00 Td (. Urness was also Cavco's Interim Chief Financial Of) Tj ET Q q 0 0 0 rg BT 385.29 393.00 Td (ficer from ) Tj ET Q q 0 0 0 rg BT 431.71 393.00 Td (August 2005 to January ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 379.80 Td (2006, Corporate Controller from May 2005 to ) Tj ET Q q 0 0 0 rg BT 254.69 379.80 Td (August 2005, financial consultant to the Company from June 2002 to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 366.60 Td (May 2005 and Controller from May 1999 to June 2002. Prior to joining Cavco, Mr) Tj ET Q q 0 0 0 rg BT 414.19 366.60 Td (. Urness served as manager and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 353.40 Td (staf) Tj ET Q q 0 0 0 rg BT 65.68 353.40 Td (f at Deloitte & ) Tj ET Q q 0 0 0 rg BT 132.08 353.40 Td (T) Tj ET Q q 0 0 0 rg BT 138.03 353.40 Td (ouche LLP) Tj ET Q q 0 0 0 rg BT 186.19 353.40 Td ( for approximately six years.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 331.20 Td (Ef) Tj ET Q q 0 0 0 rg BT 78.18 331.20 Td (fective November 8, 2018, Mr) Tj ET Q q 0 0 0 rg BT 211.37 331.20 Td (. Urness will receive a temporary compensation arrangement consisting of a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 318.00 Td (base annual salary of $255,000. Mr) Tj ET Q q 0 0 0 rg BT 204.88 318.00 Td (. Urness will be eligible for a bonus for fiscal year ending March 2019.) Tj ET Q q 0 0 0 rg BT 519.93 318.00 Td (This ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 304.80 Td (bonus will be determined based on what Mr) Tj ET Q q 0 0 0 rg BT 242.77 304.80 Td (. Urness would have earned as the Company) Tj ET Q q 0 0 0 rg BT 441.33 304.80 Td (s Chief Financial Of) Tj ET Q q 0 0 0 rg BT 530.64 304.80 Td (ficer) Tj ET Q q 0 0 0 rg BT 550.34 304.80 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 291.60 Td (prorated for the portion of the fiscal year that he served as the Chief Financial Of) Tj ET Q q 0 0 0 rg BT 406.25 291.60 Td (ficer of the Company) Tj ET Q q 0 0 0 rg BT 499.31 291.60 Td (, plus any ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 278.40 Td (other bonuses to be set forth in an employment agreement to be entered into by Mr) Tj ET Q q 0 0 0 rg BT 413.82 278.40 Td (. Urness and the Company) Tj ET Q q 0 0 0 rg BT 529.50 278.40 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 265.20 Td (While serving as the Company) Tj ET Q q 0 0 0 rg BT 188.69 265.20 Td (s Chief Financial Of) Tj ET Q q 0 0 0 rg BT 278.00 265.20 Td (ficer) Tj ET Q q 0 0 0 rg BT 297.71 265.20 Td (, Mr) Tj ET Q q 0 0 0 rg BT 316.05 265.20 Td (. Urness was eligible to receive incentive compensation ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 252.00 Td (based upon the Company) Tj ET Q q 0 0 0 rg BT 164.57 252.00 Td (s pre-tax income for the fiscal year ending March 30, 2019. Under the terms of his plan, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 238.80 Td (Mr) Tj ET Q q 0 0 0 rg BT 62.84 238.80 Td (. Urness was eligible to receive incentive compensation equal to \(i\) 0.4% of the first $70 million in pre-tax ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 225.60 Td (income of the Company; \(ii\) 1.2% of pre-tax income between $70 million and $80 million; \(iii\) 2.0% of pre-tax ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 212.40 Td (income between $80 million and $84 million; and \(iv\) a performance bonus of $100,000 determined at the sole ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 199.20 Td (discretion of the Compensation Committee of the Board of Directors. Mr) Tj ET Q q 0 0 0 rg BT 371.07 199.20 Td (. Urness will also be eligible for certain ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 186.00 Td (equity awards to be set forth in the employment agreement to be entered into by Mr) Tj ET Q q 0 0 0 rg BT 417.48 186.00 Td (. Urness and the Company) Tj ET Q q 0 0 0 rg BT 533.16 186.00 Td (.In ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 172.80 Td (the event Mr) Tj ET Q q 0 0 0 rg BT 105.60 172.80 Td (. Urness is terminated as the result of a termination without cause, and such termination constitutes a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 159.60 Td (separation from service, the Company will pay to Mr) Tj ET Q q 0 0 0 rg BT 283.08 159.60 Td (. Urness a lump sum termination payment equal to three \(3\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 146.40 Td (times his base salary) Tj ET Q q 0 0 0 rg BT 140.01 146.40 Td (. ) Tj ET Q q 0 0 0 rg BT 148.07 146.40 Td (This employment agreement is also expected to include certain customary non-competition ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 133.20 Td (and change of control provisions. ) Tj ET Q q 0 0 0 rg BT 199.49 133.20 Td (The Company expects to enter into the new employment agreement with Mr) Tj ET Q q 0 0 0 rg BT 535.20 133.20 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 120.00 Td (Urness within thirty \(30\) days of his appointment as President and ) Tj ET Q q 0 0 0 rg BT 343.60 120.00 Td (Acting Chief Executive Of) Tj ET Q q 0 0 0 rg BT 461.61 120.00 Td (ficer) Tj ET Q q 0 0 0 rg BT 481.32 120.00 Td (, but in no event ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 106.80 Td (later than December 31, 2018.) Tj ET Q endstream endobj 95 0 obj <>] /Rotate 0 /Contents 96 0 R>> endobj 96 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (45) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td (Mr) Tj ET Q q 0 0 0 rg BT 80.84 741.40 Td (. Barsetti, 38, has been Cavco's Chief ) Tj ET Q q 0 0 0 rg BT 247.17 741.40 Td (Accounting Of) Tj ET Q q 0 0 0 rg BT 312.65 741.40 Td (ficer since ) Tj ET Q q 0 0 0 rg BT 360.29 741.40 Td (August 31, 2018. Previously) Tj ET Q q 0 0 0 rg BT 485.17 741.40 Td (, Mr) Tj ET Q q 0 0 0 rg BT 503.50 741.40 Td (. Barsetti ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (served as the Company's Senior Director of Financial ) Tj ET Q q 0 0 0 rg BT 287.20 728.20 Td (Administration from ) Tj ET Q q 0 0 0 rg BT 380.09 728.20 Td (August 2017 to ) Tj ET Q q 0 0 0 rg BT 450.07 728.20 Td (August 2018 and as the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 715.00 Td (Company's Director of Internal ) Tj ET Q q 0 0 0 rg BT 189.44 715.00 Td (Audit from October 2014 to ) Tj ET Q q 0 0 0 rg BT 315.01 715.00 Td (August 2017. Prior to joining Cavco, he served as the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 701.80 Td (Director of Financial Reporting at Universal ) Tj ET Q q 0 0 0 rg BT 247.74 701.80 Td (T) Tj ET Q q 0 0 0 rg BT 253.69 701.80 Td (echnical Institute \("UTI"\) from November 2013 to October 2014 and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 688.60 Td (as UTI's ) Tj ET Q q 0 0 0 rg BT 88.65 688.60 Td (Audit Manager and Senior ) Tj ET Q q 0 0 0 rg BT 207.79 688.60 Td (Audit Manager from May 201) Tj ET Q q 0 0 0 rg BT 340.57 688.60 Td (1 to November 2013. He held various internal ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 675.40 Td (audit positions at ) Tj ET Q q 0 0 0 rg BT 127.71 675.40 Td (V) Tj ET Q q 0 0 0 rg BT 135.00 675.40 Td (iad Corp. from September 2005 to May 201) Tj ET Q q 0 0 0 rg BT 327.67 675.40 Td (1, most recently as an Internal ) Tj ET Q q 0 0 0 rg BT 462.38 675.40 Td (Audit Manager) Tj ET Q q 0 0 0 rg BT 528.67 675.40 Td (. Mr) Tj ET Q q 0 0 0 rg BT 547.00 675.40 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 662.20 Td (Barsetti holds a Bachelor's degree in ) Tj ET Q q 0 0 0 rg BT 212.66 662.20 Td (Accounting from Northern ) Tj ET Q q 0 0 0 rg BT 332.71 662.20 Td (Arizona University and is a registered Certified ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 649.00 Td (Public ) Tj ET Q q 0 0 0 rg BT 80.26 649.00 Td (Accountant.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 626.80 Td (Mr) Tj ET Q q 0 0 0 rg BT 80.84 626.80 Td (. Barsetti) Tj ET Q q 0 0 0 rg BT 123.61 626.80 Td (s compensation has not changed at this time.Mr) Tj ET Q q 0 0 0 rg BT 335.32 626.80 Td (. Barsetti earns a base annual salary of $155,000 ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 613.60 Td (and is eligible to receive a tar) Tj ET Q q 0 0 0 rg BT 179.30 613.60 Td (get bonus of $40,000 based on goals and objectives and additional incentive ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 600.40 Td (compensation based on the Company) Tj ET Q q 0 0 0 rg BT 217.41 600.40 Td (s pre-tax income for the fiscal year ending March 30, 2019 equal to: \(i\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 587.20 Td ($15,000 if pre-tax income falls between $60 million and $70 million; \(ii\) $5,000 if pre-tax income falls between ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 574.00 Td ($70 million and $80 million; \(iii\) $5,000 if pre-tax income falls between $80 million and $85 million; and \(iv\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 560.80 Td ($5,000 if pre-tax income is over $85 million.Mr) Tj ET Q q 0 0 0 rg BT 263.24 560.80 Td (. Barsetti is also eligible to participate in the Company) Tj ET Q q 0 0 0 rg BT 505.80 560.80 Td (s other ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 547.60 Td (benefits.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 525.40 Td (There are no family relationships between Messrs. Urness and Barsetti and any other director or executive ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 512.20 Td (of) Tj ET Q q 0 0 0 rg BT 58.96 512.20 Td (ficer of the Company) Tj ET Q q 0 0 0 rg BT 152.02 512.20 Td (. Furthermore, there are no related party transactions between Cavco and Messrs. Urness and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 499.00 Td (Barsetti that require disclosure pursuant to Item 404 of Regulation S-K.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 476.80 Td (In conjunction with his resignation, the Company's Employment ) Tj ET Q q 0 0 0 rg BT 353.81 476.80 Td (Agreement with Mr) Tj ET Q q 0 0 0 rg BT 440.57 476.80 Td (. Stegmayer was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 463.60 Td (terminated pursuant to a written transition agreement \(the T) Tj ET Q q 0 0 0 rg BT 317.19 463.60 Td (ransition ) Tj ET Q q 0 0 0 rg BT 357.82 463.60 Td (Agreement\). ) Tj ET Q q 0 0 0 rg BT 420.54 463.60 Td (That ) Tj ET Q q 0 0 0 rg BT 443.24 463.60 Td (T) Tj ET Q q 0 0 0 rg BT 449.58 463.60 Td (ransition ) Tj ET Q q 0 0 0 rg BT 490.21 463.60 Td (Agreement ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 450.40 Td (provides for: \(i\) Mr) Tj ET Q q 0 0 0 rg BT 135.23 450.40 Td (. Stegmayer's immediate resignation from all positions as an of) Tj ET Q q 0 0 0 rg BT 411.96 450.40 Td (ficer or director of the Company ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 437.20 Td (and any of its subsidiaries; \(ii\) waiver of any severance payments that may have otherwise been due under the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 424.00 Td (Employment ) Tj ET Q q 0 0 0 rg BT 108.97 424.00 Td (Agreement; \(iii\) payment of a pre-existing deferred bonus obligation due to Mr) Tj ET Q q 0 0 0 rg BT 456.90 424.00 Td (. Stegmayer in the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 410.80 Td (approximate amount of $1 million, plus interest in two equal annual installments; \(iv\) payment of a pro rata share of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 397.60 Td (any fiscal year 2019 incentive bonus that Mr) Tj ET Q q 0 0 0 rg BT 245.81 397.60 Td (. Stegmayer may be eligible to receive through November 7, 2018; \(v\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 384.40 Td (a complete release of any claims for other compensation or claims that Mr) Tj ET Q q 0 0 0 rg BT 376.22 384.40 Td (. Stegmayer may have against the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 371.20 Td (Company) Tj ET Q q 0 0 0 rg BT 92.06 371.20 Td (, except for rights under the ) Tj ET Q q 0 0 0 rg BT 216.18 371.20 Td (T) Tj ET Q q 0 0 0 rg BT 222.51 371.20 Td (ransition ) Tj ET Q q 0 0 0 rg BT 263.15 371.20 Td (Agreement and his pre-existing indemnity arrangements; \(v\) an at ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 358.00 Td (will employment relationship; \(vi\) an annual salary of $150,000 with no defined incentive bonus opportunity; and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 344.80 Td (\(vi\) no modification to the provisions of any incentive equity compensation arrangements, each of which shall ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 331.60 Td (remain subject to the terms of existing grant agreements and the plans pursuant to which they were granted.) Tj ET Q endstream endobj 97 0 obj <>] /Rotate 0 /Contents 98 0 R>> endobj 98 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (46) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 741.60 Td (Item 6. Exhibits) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 60.55 718.278857421875 m 95.39765625 718.278857421875 l s q 0 0 0 rg BT 60.55 720.00 Td (Exhibit) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 69.9 707.278857421875 m 86.09384765625 707.278857421875 l s q 0 0 0 rg BT 69.90 709.00 Td (No.) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 109 707.278857421875 m 143.84765625 707.278857421875 l s q 0 0 0 rg BT 109.00 709.00 Td (Exhibit) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 68.35 692.50673828125 m 87.6 692.50673828125 l s q 0 0 1 rg BT 68.35 693.97 Td (10.1) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 109 692.50673828125 m 538.10205078125 692.50673828125 l s q 0 0 1 rg BT 109.00 693.97 Td (T) Tj ET Q q 0 0 1 rg BT 115.33 693.97 Td (ransition ) Tj ET Q q 0 0 1 rg BT 155.97 693.97 Td (Agreement, dated as of November 8, 2018, by and between Cavco Industries, Inc. and ) Tj ET Q BT /F1 11.00 Tf ET 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 109 681.50673828125 m 190.876953125 681.50673828125 l s q 0 0 1 rg BT 109.00 682.97 Td (Joseph Stegmayer) Tj ET Q q 0 0 1 rg BT 188.13 682.97 Td (.) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 68.35 665.50673828125 m 87.6 665.50673828125 l s q 0 0 1 rg BT 68.35 666.97 Td (10.2) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 109 665.50673828125 m 547.51220703125 665.50673828125 l s q 0 0 1 rg BT 109.00 666.97 Td (Employment ) Tj ET Q q 0 0 1 rg BT 167.97 666.97 Td (Arrangement Letter) Tj ET Q q 0 0 1 rg BT 254.57 666.97 Td (, dated as of November 8, 2018, by and between Daniel L. Urness ) Tj ET Q BT /F1 11.00 Tf ET 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 109 654.50673828125 m 224.16162109375 654.50673828125 l s q 0 0 1 rg BT 109.00 655.97 Td (and Cavco Industries, Inc.) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 68.35 638.50673828125 m 87.6 638.50673828125 l s q 0 0 1 rg BT 68.35 639.97 Td (10.3) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 109 638.50673828125 m 541.84033203125 638.50673828125 l s q 0 0 1 rg BT 109.00 639.97 Td (Indemnification ) Tj ET Q q 0 0 1 rg BT 181.40 639.97 Td (Agreement, dated as of November 8, 2018, by and between Daniel L. Urness and ) Tj ET Q BT /F1 11.00 Tf ET 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 109 627.50673828125 m 205.529296875 627.50673828125 l s q 0 0 1 rg BT 109.00 628.97 Td (Cavco Industries, Inc.) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 68.35 611.50673828125 m 87.6 611.50673828125 l s q 0 0 1 rg BT 68.35 612.97 Td (31.1) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 109 611.50673828125 m 541.34619140625 611.50673828125 l s q 0 0 1 rg BT 109.00 612.97 Td (Certification of Principal Executive Of) Tj ET Q q 0 0 1 rg BT 279.85 612.97 Td (ficer Pursuant to Section 302 of the Sarbanes-Oxley ) Tj ET Q q 0 0 1 rg BT 510.80 612.97 Td (Act of ) Tj ET Q BT /F1 11.00 Tf ET 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 109 600.50673828125 m 252.8701171875 600.50673828125 l s q 0 0 1 rg BT 109.00 601.97 Td (2002 - Rule 13a-14\(a\)/15d-14\(a\)) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 68.35 584.50673828125 m 87.6 584.50673828125 l s q 0 0 1 rg BT 68.35 585.97 Td (31.2) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 109 583.5567382812501 m 538.30078125 583.5567382812501 l s q 0 0 1 rg BT 109.00 585.02 Td (Certification of Principal Financial Of) Tj ET Q q 0 0 1 rg BT 276.81 585.02 Td (ficer Pursuant to Section 302 of the Sarbanes-Oxley ) Tj ET Q q 0 0 1 rg BT 507.76 585.02 Td (Act of ) Tj ET Q BT /F1 11.00 Tf ET 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 109 572.5567382812501 m 252.8701171875 572.5567382812501 l s q 0 0 1 rg BT 109.00 574.02 Td (2002 - Rule 13a-14\(a\)/15d-14\(a\)) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 72.5 557.50673828125 m 83.5 557.50673828125 l s q 0 0 1 rg BT 72.50 558.97 Td (32) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 109 557.50673828125 m 556.5947265625 557.50673828125 l s q 0 0 1 rg BT 109.00 558.97 Td (Certification Pursuant to 18 U.S.C. 1350, ) Tj ET Q q 0 0 1 rg BT 292.94 558.97 Td (As ) Tj ET Q q 0 0 1 rg BT 307.31 558.97 Td (Adopted Pursuant to Section 906 of the Sarbanes-Oxley ) Tj ET Q BT /F1 11.00 Tf ET 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 109 546.50673828125 m 161.54541015625 546.50673828125 l s q 0 0 1 rg BT 109.00 547.97 Td (Act of 2002) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 68.35 530.50673828125 m 87.6 530.50673828125 l s q 0 0 1 rg BT 68.35 531.97 Td (99.1) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 109 530.50673828125 m 280.67626953125 530.50673828125 l s q 0 0 1 rg BT 109.00 531.97 Td (Press Release dated November 8, 2018) Tj ET Q BT /F1 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 11.00 Tf ET q 0 0 0 rg BT 69.75 515.97 Td (101) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 109.00 515.97 Td (The following materials contained in this Quarterly Report on Form 10-Q for the period ended) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 109.00 504.97 Td (September 29, 2018 were formatted in XBRL) Tj ET Q q 0 0 0 rg BT 309.91 504.97 Td ( \(eXtensible Business Reporting Language\): \(i\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 109.00 493.97 Td (Consolidated Balance Sheets, \(ii\) Consolidated Statements of Comprehensive Income, \(iii\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 109.00 482.97 Td (Consolidated Statements of Cash Flows and \(iv\) Notes to Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 452.40 Td (All other items required under Part II are omitted because they are not applicable.) Tj ET Q endstream endobj 99 0 obj <>] /Rotate 0 /Contents 100 0 R>> endobj 100 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (47) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 270.60 741.60 Td (SIGNA) Tj ET Q q 0 0 0 rg BT 304.63 741.60 Td (TURES) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 719.40 Td (Pursuant to the requirements of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 316.65 719.40 Td (Act of 1934, the registrant has duly caused this report ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 706.20 Td (to be signed on its behalf by the undersigned thereunto duly authorized.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 605.7 m 255.5 605.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 561.7 m 255.5 561.7 l s BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 53 684.028857421875 m 156.2861328125 684.028857421875 l s q 0 0 0 rg BT 53.00 685.75 Td (Cavco Industries, Inc.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 671.57 Td (Registrant) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 641.57 Td (Signature) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 268.00 641.57 Td (T) Tj ET Q q 0 0 0 rg BT 274.53 641.57 Td (itle) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 473.00 641.57 Td (Date) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 610.62 Td (/s/ Daniel L. Urness) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 268.00 621.62 Td (President and ) Tj ET Q q 0 0 0 rg BT 330.02 621.62 Td (Acting Chief Executive) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 268.00 610.62 Td (Of) Tj ET Q q 0 0 0 rg BT 279.51 610.62 Td (ficer) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 473.00 610.62 Td (November 8, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 595.57 Td (Daniel L. Urness) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 268.00 595.57 Td (\(Principal Executive Of) Tj ET Q q 0 0 0 rg BT 372.36 595.57 Td (ficer\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 566.57 Td (/s/ Joshua J. Barsetti) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 268.00 566.57 Td (Chief ) Tj ET Q q 0 0 0 rg BT 294.88 566.57 Td (Accounting Of) Tj ET Q q 0 0 0 rg BT 360.16 566.57 Td (ficer) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 473.00 566.57 Td (November 8, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 551.57 Td (Joshua J. Barsetti) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 268.00 551.57 Td (\(Principal Financial Of) Tj ET Q q 0 0 0 rg BT 369.22 551.57 Td (ficer\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 101 0 obj <> endobj 102 0 obj <> stream BT /F2 11.00 Tf ET q 0 0 0 rg BT 505.15 741.60 Td (Exhibit 10.1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 64.75 722.40 Td (T) Tj ET Q q 0 0 0 rg BT 71.27 722.40 Td (ransition ) Tj ET Q q 0 0 0 rg BT 115.59 722.40 Td (Agr) Tj ET Q q 0 0 0 rg BT 133.71 722.40 Td (eement, dated as of November) Tj ET Q q 0 0 0 rg BT 274.95 722.40 Td ( 8, 2018, by and between Cavco Industries, Inc. and Joseph ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 283.05 709.20 Td (Stegmayer) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 690.00 Td (November 8, 2018) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 676.80 Td (Personal and Confidential) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 650.40 Td (Joseph H. Stegmayer) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 637.20 Td ([Address]) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 624.00 Td ([City) Tj ET Q q 0 0 0 rg BT 75.90 624.00 Td (, State Zip]) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 585.60 Td (Dear Joseph:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 560.40 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 560.40 Td (This ) Tj ET Q q 0 0 0 rg BT 112.46 560.40 Td (letter ) Tj ET Q q 0 0 0 rg BT 137.96 560.40 Td (confirms ) Tj ET Q q 0 0 0 rg BT 179.97 560.40 Td (our ) Tj ET Q q 0 0 0 rg BT 197.53 560.40 Td (discussions ) Tj ET Q q 0 0 0 rg BT 250.56 560.40 Td (regarding ) Tj ET Q q 0 0 0 rg BT 295.61 560.40 Td (your ) Tj ET Q q 0 0 0 rg BT 318.67 560.40 Td (resignation ) Tj ET Q q 0 0 0 rg BT 370.46 560.40 Td (from ) Tj ET Q q 0 0 0 rg BT 394.74 560.40 Td (your ) Tj ET Q q 0 0 0 rg BT 417.81 560.40 Td (current ) Tj ET Q q 0 0 0 rg BT 451.86 560.40 Td (positions ) Tj ET Q q 0 0 0 rg BT 494.50 560.40 Td (as ) Tj ET Q q 0 0 0 rg BT 506.56 560.40 Td (Chairman ) Tj ET Q q 0 0 0 rg BT 552.84 560.40 Td (of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 547.20 Td (the ) Tj ET Q q 0 0 0 rg BT 69.63 547.20 Td (Board ) Tj ET Q q 0 0 0 rg BT 98.70 547.20 Td (and ) Tj ET Q q 0 0 0 rg BT 116.77 547.20 Td (President ) Tj ET Q q 0 0 0 rg BT 159.90 547.20 Td (and ) Tj ET Q q 0 0 0 rg BT 177.97 547.20 Td (Chief ) Tj ET Q q 0 0 0 rg BT 204.60 547.20 Td (Executive ) Tj ET Q q 0 0 0 rg BT 250.76 547.20 Td (Of) Tj ET Q q 0 0 0 rg BT 262.17 547.20 Td (ficer ) Tj ET Q q 0 0 0 rg BT 284.51 547.20 Td (of ) Tj ET Q q 0 0 0 rg BT 295.86 547.20 Td (Cavco ) Tj ET Q q 0 0 0 rg BT 326.15 547.20 Td (Industries, ) Tj ET Q q 0 0 0 rg BT 374.47 547.20 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 393.46 547.20 Td (\(Cavco ) Tj ET Q q 0 0 0 rg BT 437.17 547.20 Td (or ) Tj ET Q q 0 0 0 rg BT 448.53 547.20 Td (the ) Tj ET Q q 0 0 0 rg BT 464.15 547.20 Td (Company\) ) Tj ET Q q 0 0 0 rg BT 522.55 547.20 Td (and ) Tj ET Q q 0 0 0 rg BT 540.62 547.20 Td (from ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 534.00 Td (any ) Tj ET Q q 0 0 0 rg BT 72.68 534.00 Td (and ) Tj ET Q q 0 0 0 rg BT 91.36 534.00 Td (all ) Tj ET Q q 0 0 0 rg BT 105.15 534.00 Td (positions ) Tj ET Q q 0 0 0 rg BT 147.68 534.00 Td (you ) Tj ET Q q 0 0 0 rg BT 166.98 534.00 Td (may ) Tj ET Q q 0 0 0 rg BT 188.72 534.00 Td (hold ) Tj ET Q q 0 0 0 rg BT 211.07 534.00 Td (as ) Tj ET Q q 0 0 0 rg BT 223.03 534.00 Td (an ) Tj ET Q q 0 0 0 rg BT 236.21 534.00 Td (of) Tj ET Q q 0 0 0 rg BT 245.18 534.00 Td (ficer ) Tj ET Q q 0 0 0 rg BT 268.12 534.00 Td (or ) Tj ET Q q 0 0 0 rg BT 280.09 534.00 Td (director ) Tj ET Q q 0 0 0 rg BT 317.09 534.00 Td (of ) Tj ET Q q 0 0 0 rg BT 329.05 534.00 Td (any ) Tj ET Q q 0 0 0 rg BT 347.73 534.00 Td (of ) Tj ET Q q 0 0 0 rg BT 359.69 534.00 Td (its ) Tj ET Q q 0 0 0 rg BT 372.88 534.00 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 430.37 534.00 Td (and ) Tj ET Q q 0 0 0 rg BT 449.05 534.00 Td (to ) Tj ET Q q 0 0 0 rg BT 460.40 534.00 Td (transition ) Tj ET Q q 0 0 0 rg BT 504.75 534.00 Td (to ) Tj ET Q q 0 0 0 rg BT 516.11 534.00 Td (a ) Tj ET Q q 0 0 0 rg BT 523.79 534.00 Td (new ) Tj ET Q q 0 0 0 rg BT 544.91 534.00 Td (role ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 520.80 Td (with ) Tj ET Q q 0 0 0 rg BT 76.50 520.80 Td (the ) Tj ET Q q 0 0 0 rg BT 92.88 520.80 Td (Company) Tj ET Q q 0 0 0 rg BT 134.94 520.80 Td (. ) Tj ET Q q 0 0 0 rg BT 140.63 520.80 Td ( ) Tj ET Q q 0 0 0 rg BT 143.57 520.80 Td (Set ) Tj ET Q q 0 0 0 rg BT 160.57 520.80 Td (forth ) Tj ET Q q 0 0 0 rg BT 184.89 520.80 Td (below ) Tj ET Q q 0 0 0 rg BT 214.71 520.80 Td (is ) Tj ET Q q 0 0 0 rg BT 224.99 520.80 Td (information ) Tj ET Q q 0 0 0 rg BT 279.86 520.80 Td (about ) Tj ET Q q 0 0 0 rg BT 307.24 520.80 Td (your ) Tj ET Q q 0 0 0 rg BT 330.35 520.80 Td (new ) Tj ET Q q 0 0 0 rg BT 351.62 520.80 Td (position ) Tj ET Q q 0 0 0 rg BT 390.01 520.80 Td (and ) Tj ET Q q 0 0 0 rg BT 408.83 520.80 Td (other ) Tj ET Q q 0 0 0 rg BT 434.37 520.80 Td (administrative ) Tj ET Q q 0 0 0 rg BT 500.24 520.80 Td (matters, ) Tj ET Q q 0 0 0 rg BT 538.31 520.80 Td (and ) Tj ET Q q 0 0 0 rg BT 557.13 520.80 Td (a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 507.60 Td (transition ) Tj ET Q q 0 0 0 rg BT 98.30 507.60 Td (agreement ) Tj ET Q q 0 0 0 rg BT 146.86 507.60 Td (and ) Tj ET Q q 0 0 0 rg BT 165.49 507.60 Td (release ) Tj ET Q q 0 0 0 rg BT 198.77 507.60 Td (of ) Tj ET Q q 0 0 0 rg BT 210.68 507.60 Td (claims ) Tj ET Q q 0 0 0 rg BT 242.14 507.60 Td (for ) Tj ET Q q 0 0 0 rg BT 257.72 507.60 Td (your ) Tj ET Q q 0 0 0 rg BT 280.63 507.60 Td (consideration.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 481.20 Td (A. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 481.20 Td (Administrative Information.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 456.00 Td (1. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 454.278564453125 m 235.43359375 454.278564453125 l s q 0 0 0 rg BT 162.00 456.00 Td (T) Tj ET Q q 0 0 0 rg BT 168.52 456.00 Td (ransition Date) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 235.43 456.00 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 238.18 456.00 Td ( Ef) Tj ET Q q 0 0 0 rg BT 253.87 456.00 Td (fective November 8, 2018 \(the T) Tj ET Q q 0 0 0 rg BT 402.53 456.00 Td (ransition Date\), you will resign ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 442.80 Td (your positions as Chairman of the Board of Directors, and as President and Chief Executive Of) Tj ET Q q 0 0 0 rg BT 471.70 442.80 Td (ficer \(CEO\), of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 429.60 Td (Cavco and from any and all positions you may hold as an of) Tj ET Q q 0 0 0 rg BT 318.36 429.60 Td (ficer or director of any of its subsidiaries. Concomitant ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 416.40 Td (with your resignations, your ) Tj ET Q q 0 0 0 rg BT 180.18 416.40 Td (April 1, 201) Tj ET Q q 0 0 0 rg BT 233.24 416.40 Td (1 ) Tj ET Q q 0 0 0 rg BT 240.89 416.40 Td (Amended and Restated Employment ) Tj ET Q q 0 0 0 rg BT 404.63 416.40 Td (Agreement \(the Employment ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 403.20 Td (Agreement\) will terminate, provided, however) Tj ET Q q 0 0 0 rg BT 263.09 403.20 Td (, that certain provisions thereof shall remain in full force and ef) Tj ET Q q 0 0 0 rg BT 541.46 403.20 Td (fect ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 390.00 Td (pursuant to Sections \(B\)\(1\) and \(B\)\(4\) of this ) Tj ET Q q 0 0 0 rg BT 255.02 390.00 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 311.73 390.00 Td (Y) Tj ET Q q 0 0 0 rg BT 318.57 390.00 Td (our final paycheck for all services performed as CEO ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 376.80 Td (will include your base salary earned through the ) Tj ET Q q 0 0 0 rg BT 268.23 376.80 Td (T) Tj ET Q q 0 0 0 rg BT 274.56 376.80 Td (ransition Date, less required withholdings and deductions, and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 363.60 Td (will be paid in accordance with Cavco) Tj ET Q q 0 0 0 rg BT 225.66 363.60 Td (s payroll practices. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 338.40 Td (2. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 336.678564453125 m 297.93701171875 336.678564453125 l s q 0 0 0 rg BT 162.00 338.40 Td (Dir) Tj ET Q q 0 0 0 rg BT 177.68 338.40 Td (ector) Tj ET Q q 0 0 0 rg BT 200.48 338.40 Td (, Strategic Initiatives) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 297.94 338.40 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 300.69 338.40 Td ( On the ) Tj ET Q q 0 0 0 rg BT 338.37 338.40 Td (T) Tj ET Q q 0 0 0 rg BT 344.70 338.40 Td (ransition Date, you will assume a new position, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 325.20 Td (the Director) Tj ET Q q 0 0 0 rg BT 106.40 325.20 Td (, Strategic Initiatives. ) Tj ET Q q 0 0 0 rg BT 205.57 325.20 Td (Y) Tj ET Q q 0 0 0 rg BT 212.42 325.20 Td (ou will report directly to the Company) Tj ET Q q 0 0 0 rg BT 384.71 325.20 Td (s Chief Executive Of) Tj ET Q q 0 0 0 rg BT 477.07 325.20 Td (ficer and will ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 312.00 Td (perform such duties and responsibilities as may be assigned to you by the Chief Executive Of) Tj ET Q q 0 0 0 rg BT 465.29 312.00 Td (ficer) Tj ET Q q 0 0 0 rg BT 484.83 312.00 Td (. ) Tj ET Q q 0 0 0 rg BT 492.67 312.00 Td (Y) Tj ET Q q 0 0 0 rg BT 499.52 312.00 Td (our ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 298.80 Td (employment in this position will be at-will, meaning Cavco may terminate your employment at any time for any ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 285.60 Td (reason, and you may resign your employment at any time for any reason. From and after the ) Tj ET Q q 0 0 0 rg BT 462.21 285.60 Td (T) Tj ET Q q 0 0 0 rg BT 468.54 285.60 Td (ransition Date, you ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 272.40 Td (agree that you will not hold yourself out as an of) Tj ET Q q 0 0 0 rg BT 267.64 272.40 Td (ficer or director of Cavco and that you will not have authority to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 259.20 Td (bind the Company in its dealings with third parties, and will not hold yourself out as having such authority) Tj ET Q q 0 0 0 rg BT 522.25 259.20 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 234.00 Td (3. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 232.278564453125 m 290.9599609375 232.278564453125 l s q 0 0 0 rg BT 162.00 234.00 Td (Compensation and Benefits) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 290.96 234.00 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 293.71 234.00 Td ( Cavco shall pay you an annual salary of $150,000 for your ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 220.80 Td (services. ) Tj ET Q q 0 0 0 rg BT 97.27 220.80 Td (Y) Tj ET Q q 0 0 0 rg BT 104.11 220.80 Td (ou shall continue to be entitled to participate in such incentive savings and retirement plans established ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 207.60 Td (or adopted and maintained by Cavco from time to time, as Cavco may amend them, in accordance with the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 194.40 Td (Company) Tj ET Q q 0 0 0 rg BT 99.83 194.40 Td (s regular practices applicable to other similarly situated employees. ) Tj ET Q q 0 0 0 rg BT 400.90 194.40 Td (Y) Tj ET Q q 0 0 0 rg BT 407.75 194.40 Td (ou also shall continue to be ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 181.20 Td (entitled to participate in all group benefit plans \(including, but not limited to, disability) Tj ET Q q 0 0 0 rg BT 435.46 181.20 Td (, accident, medical, life ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 168.00 Td (insurance and hospitalization plans\) established or adopted and maintained by Cavco from time to time, as Cavco ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 154.80 Td (may amend them, in accordance with the Company) Tj ET Q q 0 0 0 rg BT 283.09 154.80 Td (s regular practices applicable to similarly situated employees.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 129.60 Td (4. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 127.87856445312502 m 234.31103515625 127.87856445312502 l s q 0 0 0 rg BT 162.00 129.60 Td (V) Tj ET Q q 0 0 0 rg BT 168.93 129.60 Td (acation/Leave) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 234.31 129.60 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 237.06 129.60 Td ( ) Tj ET Q q 0 0 0 rg BT 242.15 129.60 Td (Y) Tj ET Q q 0 0 0 rg BT 249.00 129.60 Td (ou will be entitled to such vacation, holidays and other paid or unpaid ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 116.40 Td (leaves of absence as are consistent with Cavco) Tj ET Q q 0 0 0 rg BT 262.01 116.40 Td (s policies.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 91.20 Td (5. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 89.47856445312505 m 191.35302734375 89.47856445312505 l s q 0 0 0 rg BT 162.00 91.20 Td (Bonus) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 191.35 91.20 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 194.10 91.20 Td ( ) Tj ET Q q 0 0 0 rg BT 199.19 91.20 Td (Y) Tj ET Q q 0 0 0 rg BT 206.04 91.20 Td (ou no longer will be eligible to receive the annual bonus or other bonus awards ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 78.00 Td (identified in the Employment ) Tj ET Q q 0 0 0 rg BT 185.37 78.00 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 242.07 78.00 Td (Y) Tj ET Q q 0 0 0 rg BT 248.92 78.00 Td (ou will be eligible to receive a discretionary performance bonus, in the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 64.80 Td (discretion of the Board, based upon the recommendation of the Chief Executive Of) Tj ET Q q 0 0 0 rg BT 419.44 64.80 Td (ficer) Tj ET Q q 0 0 0 rg BT 438.98 64.80 Td (. ) Tj ET Q endstream endobj 103 0 obj <> endobj 104 0 obj <> stream BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 741.60 Td (6. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 739.878564453125 m 193.48779296875 739.878564453125 l s q 0 0 0 rg BT 162.00 741.60 Td (Equity) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 193.18 741.60 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 198.68 741.60 Td ( ) Tj ET Q q 0 0 0 rg BT 200.83 741.60 Td (All equity awards previously granted to you may be exercised in accordance with ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 728.40 Td (the terms of the respective awards, agreements, and the terms of the plans that governed them. ) Tj ET Q q 0 0 0 rg BT 471.35 728.40 Td (W) Tj ET Q q 0 0 0 rg BT 481.29 728.40 Td (ithout limiting ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 715.20 Td (generality of foregoing, the accelerated vesting provided for in the 2005 Stock Incentive Plan will occur on the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 702.00 Td (date you resign as director of Company) Tj ET Q q 0 0 0 rg BT 226.79 702.00 Td (. ) Tj ET Q q 0 0 0 rg BT 234.64 702.00 Td (Y) Tj ET Q q 0 0 0 rg BT 241.48 702.00 Td (our transition to your new role will not be a termination or interruption ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 688.80 Td (of service for purposes of those grants and plans. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 663.60 Td (B. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 126 661.878564453125 m 334.8818359375 661.878564453125 l s q 0 0 0 rg BT 126.00 663.60 Td (T) Tj ET Q q 0 0 0 rg BT 132.52 663.60 Td (ransition ) Tj ET Q q 0 0 0 rg BT 176.84 663.60 Td (Agr) Tj ET Q q 0 0 0 rg BT 194.96 663.60 Td (eement and Release of Claims) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 638.40 Td (1. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 636.678564453125 m 526.1923828125 636.678564453125 l s q 0 0 0 rg BT 162.00 638.40 Td (T) Tj ET Q q 0 0 0 rg BT 168.52 638.40 Td (ransition Benefit - Special Bonus Continuation/Pr) Tj ET Q q 0 0 0 rg BT 401.49 638.40 Td (o Rata 2018 ) Tj ET Q q 0 0 0 rg BT 459.24 638.40 Td (Annual Bonus) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 526.19 638.40 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.94 638.40 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 625.20 Td (Although Cavco is not otherwise obligated to pay you an annual bonus, as good and valuable consideration for ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 612.00 Td (your execution and delivery of this ) Tj ET Q q 0 0 0 rg BT 210.20 612.00 Td (T) Tj ET Q q 0 0 0 rg BT 216.53 612.00 Td (ransition ) Tj ET Q q 0 0 0 rg BT 257.17 612.00 Td (Agreement \(including the Release of Claims\), Cavco will pay you \(i\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 598.80 Td (two payments of $500,000 \(together with simple interest at 5% per annum on the unpaid balance\) as set forth in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 585.60 Td (Sections 5\(b\)\(ii\)\(2\) and 5\(b\)\(v\), payable in accordance with past practice, less required withholdings and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 572.40 Td (deductions and \(ii\) the annual bonus you would have been eligible to receive pursuant to Section 5\(b\) of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 559.20 Td (Employment ) Tj ET Q q 0 0 0 rg BT 112.97 559.20 Td (Agreement, had you remained employed as CEO through the remainder of the current fiscal year) Tj ET Q q 0 0 0 rg BT 539.23 559.20 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 546.00 Td (pro-rated based on the number of days you served as CEO during the current fiscal year through the ) Tj ET Q q 0 0 0 rg BT 496.11 546.00 Td (T) Tj ET Q q 0 0 0 rg BT 502.44 546.00 Td (ransition ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 532.80 Td (Date. ) Tj ET Q q 0 0 0 rg BT 82.82 532.80 Td (The annual bonus will be paid the earlier to occur of 65 days following the termination of your employment ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 519.60 Td (or the date the bonus is otherwise paid in accordance with past practice, less required withholdings and deductions. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 506.40 Td (Y) Tj ET Q q 0 0 0 rg BT 60.84 506.40 Td (ou will not be eligible for any discretionary portion thereof. ) Tj ET Q q 0 0 0 rg BT 328.24 506.40 Td (The foregoing bonus payments are payable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 493.20 Td (regardless of whether you remain employed at the time of the bonus payout and shall be payable to your estate in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 480.00 Td (the event of your death. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 454.80 Td (2. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 453.078564453125 m 409.478515625 453.078564453125 l s q 0 0 0 rg BT 162.00 454.80 Td (No Futur) Tj ET Q q 0 0 0 rg BT 205.50 454.80 Td (e Payments Except ) Tj ET Q q 0 0 0 rg BT 296.64 454.80 Td (Those Described Her) Tj ET Q q 0 0 0 rg BT 395.42 454.80 Td (ein) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 409.48 454.80 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 414.98 454.80 Td ( ) Tj ET Q q 0 0 0 rg BT 417.32 454.80 Td (Y) Tj ET Q q 0 0 0 rg BT 424.16 454.80 Td (ou represent, warrant and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 441.60 Td (acknowledge that Cavco owes you no wages, bonuses, severance pay) Tj ET Q q 0 0 0 rg BT 358.44 441.60 Td (, or other compensation, benefits, payments ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 428.40 Td (or form of remuneration of any kind or nature, other than that specifically provided for in Section ) Tj ET Q q 0 0 0 rg BT 484.70 428.40 Td (A) Tj ET Q q 0 0 0 rg BT 492.04 428.40 Td ( above and in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 415.20 Td (this ) Tj ET Q q 0 0 0 rg BT 72.44 415.20 Td (T) Tj ET Q q 0 0 0 rg BT 78.78 415.20 Td (ransition ) Tj ET Q q 0 0 0 rg BT 119.41 415.20 Td (Agreement. Nothing in this ) Tj ET Q q 0 0 0 rg BT 245.09 415.20 Td (T) Tj ET Q q 0 0 0 rg BT 251.42 415.20 Td (ransition ) Tj ET Q q 0 0 0 rg BT 292.06 415.20 Td (Agreement is intended to diminish your entitlement to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 402.00 Td (indemnity under the terms of the Company) Tj ET Q q 0 0 0 rg BT 246.46 402.00 Td (s Bylaws, Delaware law and any Directors & Of) Tj ET Q q 0 0 0 rg BT 459.17 402.00 Td (ficers insurance policy ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 388.80 Td (maintained by the Company) Tj ET Q q 0 0 0 rg BT 177.62 388.80 Td (, subject to the terms of the ) Tj ET Q q 0 0 0 rg BT 299.21 388.80 Td (Af) Tj ET Q q 0 0 0 rg BT 310.61 388.80 Td (firmation and Undertaking for ) Tj ET Q q 0 0 0 rg BT 445.63 388.80 Td (Advancement of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 375.60 Td (Expenses executed by you on or about October 30, 2018.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 350.40 Td (3. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 348.678564453125 m 365.1884765625 348.678564453125 l s q 0 0 0 rg BT 162.00 350.40 Td (Release of Claims and Covenant Not to Sue) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 365.19 350.40 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 373.44 350.40 Td (FOR ) Tj ET Q q 0 0 0 rg BT 397.18 350.40 Td (YOURSELF ) Tj ET Q q 0 0 0 rg BT 456.16 350.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 482.34 350.40 Td (YOUR ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 337.20 Td (RESPECTIVE ) Tj ET Q q 0 0 0 rg BT 121.54 337.20 Td (ADMINISTRA) Tj ET Q q 0 0 0 rg BT 189.37 337.20 Td (T) Tj ET Q q 0 0 0 rg BT 195.89 337.20 Td (ORS, EXECUT) Tj ET Q q 0 0 0 rg BT 265.98 337.20 Td (ORS, ) Tj ET Q q 0 0 0 rg BT 292.27 337.20 Td (AGENTS, BENEFICIARIES ) Tj ET Q q 0 0 0 rg BT 424.58 337.20 Td (AND ) Tj ET Q q 0 0 0 rg BT 450.55 337.20 Td (ASSIGNS, ) Tj ET Q q 0 0 0 rg BT 501.49 337.20 Td (YOU ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 324.00 Td (AGREE ) Tj ET Q q 0 0 0 rg BT 93.21 324.00 Td (T) Tj ET Q q 0 0 0 rg BT 99.73 324.00 Td (O ) Tj ET Q q 0 0 0 rg BT 110.23 324.00 Td (W) Tj ET Q q 0 0 0 rg BT 119.39 324.00 Td (AIVE, RELEASE ) Tj ET Q q 0 0 0 rg BT 201.58 324.00 Td (AND FOREVER DISCHARGE ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 346.72998046875 322.278564453125 m 385.6435546875 322.278564453125 l s q 0 0 0 rg BT 346.73 324.00 Td (CA) Tj ET Q q 0 0 0 rg BT 361.20 324.00 Td (VCO) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 385.64 324.00 Td ( \(AS DEFINED BELOW\) OF ) Tj ET Q q 0 0 0 rg BT 520.39 324.00 Td (AND ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 310.80 Td (FROM ) Tj ET Q q 0 0 0 rg BT 87.32 310.80 Td (ANY) Tj ET Q q 0 0 0 rg BT 110.75 310.80 Td ( ) Tj ET Q q 0 0 0 rg BT 112.89 310.80 Td (AND ) Tj ET Q q 0 0 0 rg BT 138.86 310.80 Td (ALL) Tj ET Q q 0 0 0 rg BT 159.84 310.80 Td ( ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162.58740234375 309.078564453125 m 206.5927734375 309.078564453125 l s q 0 0 0 rg BT 162.59 310.80 Td (CLAIMS) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 206.59 310.80 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 209.34 310.80 Td (\(AS DEFINED BELOW\). ) Tj ET Q q 0 0 0 rg BT 330.22 310.80 Td (Y) Tj ET Q q 0 0 0 rg BT 337.07 310.80 Td (ou further agree that should any other person, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 297.60 Td (or) Tj ET Q q 0 0 0 rg BT 62.96 297.60 Td (ganization or entity file a lawsuit or arbitration to assert any such Claim, you will not seek any personal relief in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 284.40 Td (such an action. ) Tj ET Q q 0 0 0 rg BT 124.97 284.40 Td (This Release of Claims \(Release\) covers all Claims arising from the beginning of time up to and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 271.20 Td (including the date you execute this ) Tj ET Q q 0 0 0 rg BT 209.18 271.20 Td (Agreement. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 246.00 Td (Exclusions:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 107.79 246.00 Td ( Notwithstanding any other provision of this Release, the following are ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 425.81396484375 244.278564453125 m 441.0947265625 244.278564453125 l s q 0 0 0 rg BT 425.81 246.00 Td (not) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 441.09 246.00 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 443.84 246.00 Td (barred by the Release: \(a\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 232.80 Td (Claims relating to the validity of this ) Tj ET Q q 0 0 0 rg BT 218.47 232.80 Td (T) Tj ET Q q 0 0 0 rg BT 224.81 232.80 Td (ransition ) Tj ET Q q 0 0 0 rg BT 265.44 232.80 Td (Agreement; \(b\) Claims by either party to enforce this ) Tj ET Q q 0 0 0 rg BT 501.98 232.80 Td (T) Tj ET Q q 0 0 0 rg BT 508.31 232.80 Td (ransition ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 219.60 Td (Agreement; and \(c\) Claims that legally may not be waived. Further) Tj ET Q q 0 0 0 rg BT 351.69 219.60 Td (, it is understood and agreed that this ) Tj ET Q q 0 0 0 rg BT 516.16 219.60 Td (T) Tj ET Q q 0 0 0 rg BT 522.49 219.60 Td (ransition ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 206.40 Td (Agreement does not bar your right to file an administrative complaint or char) Tj ET Q q 0 0 0 rg BT 393.47 206.40 Td (ge with the Securities and Exchange ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 193.20 Td (Commission \(SEC\), the Equal Employment Opportunity Commission \(EEOC\), or any other federal, state or local ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 180.00 Td (agency; prevent you from reporting to any government agency any concerns you may have regarding Cavco) Tj ET Q q 0 0 0 rg BT 533.25 180.00 Td (s ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 166.80 Td (practices; or preclude your participation in an investigation by the SEC, EEOC, or any other federal, state or local ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 153.60 Td (agency) Tj ET Q q 0 0 0 rg BT 84.43 153.60 Td (, although the ) Tj ET Q q 0 0 0 rg BT 147.17 153.60 Td (T) Tj ET Q q 0 0 0 rg BT 153.50 153.60 Td (ransition ) Tj ET Q q 0 0 0 rg BT 194.14 153.60 Td (Agreement does bar your right to recover any personal relief \(including monetary ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 140.40 Td (relief\) if you or any person, or) Tj ET Q q 0 0 0 rg BT 186.67 140.40 Td (ganization, or entity asserts a char) Tj ET Q q 0 0 0 rg BT 336.14 140.40 Td (ge or complaint on your behalf, including in a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 127.20 Td (subsequent lawsuit or arbitration, except that you may receive an award from the SEC under the federal securities ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 114.00 Td (laws.) Tj ET Q endstream endobj 105 0 obj <> endobj 106 0 obj <> stream BT /F1 11.00 Tf ET q 0 0 0 rg BT 126.00 741.40 Td (The following provisions further explain this Release:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 162.00 716.20 Td (a. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 198.00 716.20 Td (Definition of Claims.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 306.47 716.20 Td ( Except as stated above, Claims includes without ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 703.00 Td (limitation all actions or demands of any kind that you now have or may have or claim to have in the future related ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 689.80 Td (to your employment with Cavco. More specifically) Tj ET Q q 0 0 0 rg BT 281.18 689.80 Td (, Claims include rights, causes of action, damages, penalties, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 676.60 Td (losses, attorneys) Tj ET Q q 0 0 0 rg BT 128.95 676.60 Td ( fees, costs, expenses, obligations, agreements, judgments and all other liabilities of any kind or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 663.40 Td (description whatsoever) Tj ET Q q 0 0 0 rg BT 155.28 663.40 Td (, either in law or in equity) Tj ET Q q 0 0 0 rg BT 268.51 663.40 Td (, whether known or unknown, suspected or unsuspected, related to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 650.20 Td (your employment with Cavco.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 162.00 625.00 Td (The nature of Claims covered by this Release includes without limitation all actions or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 611.80 Td (demands in any way based on your employment with Cavco, the terms and conditions of such employment or your ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 598.60 Td (transition to your new position. More specifically) Tj ET Q q 0 0 0 rg BT 273.85 598.60 Td (, all of the following are among the types of Claims which, to the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 585.40 Td (extent permitted by law) Tj ET Q q 0 0 0 rg BT 157.45 585.40 Td (, are waived and barred by this Release:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 198.00 560.20 Td (\(i\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 560.20 Td (Contract Claims \(whether express or implied\);) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 198.00 535.00 Td (\(ii\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 535.00 Td (T) Tj ET Q q 0 0 0 rg BT 239.95 535.00 Td (ort Claims, such as for defamation or emotional distress;) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 198.00 509.80 Td (\(iii\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 509.80 Td (Claims under federal, state and municipal laws, regulations, ordinance or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 496.60 Td (court decisions of any kind;) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 198.00 471.40 Td (\(iv\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 471.40 Td (Claims of discrimination, harassment or retaliation, whether based on ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 458.20 Td (race, color) Tj ET Q q 0 0 0 rg BT 279.97 458.20 Td (, religion, gender) Tj ET Q q 0 0 0 rg BT 354.67 458.20 Td (, sex, age, sexual orientation, handicap and/or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 445.00 Td (disability) Tj ET Q q 0 0 0 rg BT 274.23 445.00 Td (, national origin, whistleblowing or any other legally protected ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 431.80 Td (class;) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 198.00 406.60 Td (\(v\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 406.60 Td (Claims under the ) Tj ET Q q 0 0 0 rg BT 311.30 406.60 Td (AGE DISCRIMINA) Tj ET Q q 0 0 0 rg BT 400.83 406.60 Td (TION IN EMPLOYMENT) Tj ET Q q 0 0 0 rg BT 520.39 406.60 Td ( ) Tj ET Q q 0 0 0 rg BT 522.54 406.60 Td (ACT) Tj ET Q q 0 0 0 rg BT 543.72 406.60 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 393.40 Td (T) Tj ET Q q 0 0 0 rg BT 240.33 393.40 Td (itle ) Tj ET Q q 0 0 0 rg BT 256.93 393.40 Td (VII of the Civil Rights ) Tj ET Q q 0 0 0 rg BT 358.68 393.40 Td (Act of 1964, as amended, the Genetic ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 380.20 Td (Information Nondiscrimination ) Tj ET Q q 0 0 0 rg BT 373.92 380.20 Td (Act, the Family and Medical Leave ) Tj ET Q q 0 0 0 rg BT 531.84 380.20 Td (Act, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 367.00 Td (as amended, the ) Tj ET Q q 0 0 0 rg BT 306.70 367.00 Td (Americans with Disabilities ) Tj ET Q q 0 0 0 rg BT 431.65 367.00 Td (Act, as amended, and similar ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 353.80 Td (federal, state, and local laws, statutes, and ordinances;) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 198.00 328.60 Td (\(vi\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 328.60 Td (Claims under the Employee Retirement Income Security ) Tj ET Q q 0 0 0 rg BT 485.40 328.60 Td (Act, the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 315.40 Td (Occupational Safety and Health ) Tj ET Q q 0 0 0 rg BT 376.34 315.40 Td (Act and similar state and local laws; ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 198.00 290.20 Td (\(vii\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 290.20 Td (Claims for wages and benefits \(including without limitation, bonuses, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 277.00 Td (severance benefits, health and welfare benefits, vacation pay and other ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 263.80 Td (fringe-type benefits\); ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 198.00 238.60 Td (\(viii\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 238.60 Td (Claims for wrongful dischar) Tj ET Q q 0 0 0 rg BT 358.14 238.60 Td (ge; and) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 198.00 213.40 Td (\(ix\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 234.00 213.40 Td (Claims for attorney) Tj ET Q q 0 0 0 rg BT 322.59 213.40 Td (s fees, litigation expenses and/or costs.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 162.00 188.20 Td (The foregoing list is intended to be illustrative and not exhaustive. ) Tj ET Q q 0 0 0 rg BT 458.83 188.20 Td (Y) Tj ET Q q 0 0 0 rg BT 465.68 188.20 Td (ou agree that this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 175.00 Td (Release should be interpreted as broadly as possible to achieve your intention to waive all claims against Cavco ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 161.80 Td (related to your employment.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 162.00 136.60 Td (b. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 198.00 136.60 Td (Definition of Cavco. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 305.55 136.60 Td ( Cavco includes without limitation Cavco Industries, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 123.40 Td (Inc. and its respective past, present and future parents, af) Tj ET Q q 0 0 0 rg BT 303.65 123.40 Td (filiates, subsidiaries, divisions, predecessors, successors, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 110.20 Td (assigns, employee benefit plans and trusts. It also includes all past, present and future board members, managers, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 97.00 Td (directors, of) Tj ET Q q 0 0 0 rg BT 106.95 97.00 Td (ficers, partners, agents, employees, attorneys, representatives, consultants, associates, fiduciaries, plan ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 83.80 Td (sponsors, administrators and trustees of each of the foregoing.) Tj ET Q endstream endobj 107 0 obj <> endobj 108 0 obj <> stream BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 741.60 Td (4. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 739.878564453125 m 395.169921875 739.878564453125 l s q 0 0 0 rg BT 162.00 741.60 Td (Confidentiality and Non-Competition Obligations) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 395.17 741.60 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 397.92 741.60 Td ( ) Tj ET Q q 0 0 0 rg BT 403.01 741.60 Td (Y) Tj ET Q q 0 0 0 rg BT 409.85 741.60 Td (ou agree that you will remain ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 728.40 Td (bound by) Tj ET Q q 0 0 0 rg BT 94.54 728.40 Td (, and will adhere to, the confidentiality and non-competition covenants \(2- year duration following the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 715.20 Td (T) Tj ET Q q 0 0 0 rg BT 60.33 715.20 Td (ransition Date\) set forth in Sections 8 and 9 of the Employment ) Tj ET Q q 0 0 0 rg BT 341.39 715.20 Td (Agreement, which survive the termination of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 702.00 Td (your Employment ) Tj ET Q q 0 0 0 rg BT 135.88 702.00 Td (Agreement, for the remainder of your employment with Cavco and for the additional post-) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 688.80 Td (termination of employment periods set forth therein.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 663.60 Td (5. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 661.878564453125 m 256.7138671875 661.878564453125 l s q 0 0 0 rg BT 162.00 663.60 Td (Non-Disparagement) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 256.71 663.60 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 262.21 663.60 Td ( ) Tj ET Q q 0 0 0 rg BT 264.56 663.60 Td (Y) Tj ET Q q 0 0 0 rg BT 271.40 663.60 Td (ou agree that you will not engage in any activity or make any ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 650.40 Td (statement that may disparage or reflect negatively on Cavco, including those entities and individuals related to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 637.20 Td (Cavco as defined in the Release above. ) Tj ET Q q 0 0 0 rg BT 231.05 637.20 Td (Y) Tj ET Q q 0 0 0 rg BT 237.90 637.20 Td (ou understand, however) Tj ET Q q 0 0 0 rg BT 342.84 637.20 Td (, that nothing in this paragraph prevents you from ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 624.00 Td (cooperating with, or providing information to, any government investigation. ) Tj ET Q q 0 0 0 rg BT 401.25 624.00 Td (Y) Tj ET Q q 0 0 0 rg BT 408.09 624.00 Td (ou and the Company will work ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 610.80 Td (cooperatively to draft a mutually-acceptable press release announcing your transition, subject to the Company) Tj ET Q q 0 0 0 rg BT 540.90 610.80 Td (s ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 597.60 Td (final approval in sole absolute discretion. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 572.40 Td (6. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 570.678564453125 m 220.6630859375 570.678564453125 l s q 0 0 0 rg BT 162.00 572.40 Td (Cooperation) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 220.66 572.40 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 223.41 572.40 Td ( ) Tj ET Q q 0 0 0 rg BT 228.50 572.40 Td (Y) Tj ET Q q 0 0 0 rg BT 235.35 572.40 Td (ou agree to assist Cavco, upon its reasonable request, in participating in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 559.20 Td (the preparation for) Tj ET Q q 0 0 0 rg BT 135.41 559.20 Td (, response to, prosecution and/or defense of any litigation, investigation or other matter arising ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 546.00 Td (out of or related to your employment with or duties while employed with Cavco, including but not limited to the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 532.80 Td (current SEC investigation in which you have been subpoenaed. ) Tj ET Q q 0 0 0 rg BT 337.38 532.80 Td (Y) Tj ET Q q 0 0 0 rg BT 344.23 532.80 Td (ou agree this obligation will survive the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 519.60 Td (termination of your employment. If the cooperation is required after the termination of your employment, the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 506.40 Td (Company will schedule the cooperation to minimize disruption to your schedule and agrees to compensate you for ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 493.20 Td (your reasonable legal expenses associated with that cooperation.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 468.00 Td (7. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 466.278564453125 m 281.8046875 466.278564453125 l s q 0 0 0 rg BT 162.00 468.00 Td (No ) Tj ET Q q 0 0 0 rg BT 177.59 468.00 Td (Admission of Liability) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 281.50 468.00 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 284.25 468.00 Td ( Nothing contained in this ) Tj ET Q q 0 0 0 rg BT 403.41 468.00 Td (Agreement or payment of any ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 454.80 Td (consideration pursuant to this ) Tj ET Q q 0 0 0 rg BT 185.98 454.80 Td (Agreement is or shall in any event be construed as or deemed to be an admission of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 441.60 Td (liability) Tj ET Q q 0 0 0 rg BT 87.50 441.60 Td (, fault or noncompliance with any federal, state or local statute, public policy) Tj ET Q q 0 0 0 rg BT 424.93 441.60 Td (, tort law) Tj ET Q q 0 0 0 rg BT 463.62 441.60 Td (, contract law) Tj ET Q q 0 0 0 rg BT 522.46 441.60 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 428.40 Td (common law or wrongdoing on the part of Cavco or you.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 403.20 Td (8. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 401.478564453125 m 262.525390625 401.478564453125 l s q 0 0 0 rg BT 162.00 403.20 Td (Consideration Period) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 262.53 403.20 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 265.28 403.20 Td ( ) Tj ET Q q 0 0 0 rg BT 270.37 403.20 Td (Y) Tj ET Q q 0 0 0 rg BT 277.21 403.20 Td (ou acknowledge that you have been provided with a period of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 390.00 Td (twenty-one \(21\) days to consider the terms of this of) Tj ET Q q 0 0 0 rg BT 284.44 390.00 Td (fer from the date this ) Tj ET Q q 0 0 0 rg BT 379.24 390.00 Td (T) Tj ET Q q 0 0 0 rg BT 385.57 390.00 Td (ransition ) Tj ET Q q 0 0 0 rg BT 426.21 390.00 Td (Agreement first was presented ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 376.80 Td (to you. ) Tj ET Q q 0 0 0 rg BT 89.65 376.80 Td (Y) Tj ET Q q 0 0 0 rg BT 96.49 376.80 Td (ou agree that any changes to this of) Tj ET Q q 0 0 0 rg BT 251.77 376.80 Td (fer) Tj ET Q q 0 0 0 rg BT 263.54 376.80 Td (, whether material or immaterial, will not restart the running of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 363.60 Td (21-day period.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 126.00 338.40 Td (Y) Tj ET Q q 0 0 0 rg BT 132.84 338.40 Td (ou agree to notify Cavco) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 241.59 338.40 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 244.34 338.40 Td (of your acceptance of this ) Tj ET Q q 0 0 0 rg BT 360.50 338.40 Td (T) Tj ET Q q 0 0 0 rg BT 366.83 338.40 Td (ransition ) Tj ET Q q 0 0 0 rg BT 407.47 338.40 Td (Agreement by delivering a signed ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 325.20 Td (copy to Cavco, addressed to my attention, no later than November 29, 2018. ) Tj ET Q q 0 0 0 rg BT 394.51 325.20 Td (Y) Tj ET Q q 0 0 0 rg BT 401.35 325.20 Td (ou understand that you may take the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 312.00 Td (entire 21-day period to consider this ) Tj ET Q q 0 0 0 rg BT 215.70 312.00 Td (T) Tj ET Q q 0 0 0 rg BT 222.03 312.00 Td (ransition ) Tj ET Q q 0 0 0 rg BT 262.67 312.00 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 319.38 312.00 Td (Y) Tj ET Q q 0 0 0 rg BT 326.22 312.00 Td (ou may return this ) Tj ET Q q 0 0 0 rg BT 409.12 312.00 Td (T) Tj ET Q q 0 0 0 rg BT 415.45 312.00 Td (ransition ) Tj ET Q q 0 0 0 rg BT 456.09 312.00 Td (Agreement in less than ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 298.80 Td (the full 21-day period only if your decision to shorten the consideration period is knowing and voluntary and was ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 285.60 Td (not induced in any way by Cavco. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 126.00 260.40 Td (By signing and returning this ) Tj ET Q q 0 0 0 rg BT 256.88 260.40 Td (T) Tj ET Q q 0 0 0 rg BT 263.21 260.40 Td (ransition ) Tj ET Q q 0 0 0 rg BT 303.85 260.40 Td (Agreement, you acknowledge that the consideration ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 247.20 Td (period af) Tj ET Q q 0 0 0 rg BT 93.20 247.20 Td (forded you a reasonable period of time to consider fully each and every term of this ) Tj ET Q q 0 0 0 rg BT 463.20 247.20 Td (T) Tj ET Q q 0 0 0 rg BT 469.53 247.20 Td (ransition ) Tj ET Q q 0 0 0 rg BT 510.17 247.20 Td (Agreement, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 234.00 Td (including the Release, and that you have given the terms full and complete consideration.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 208.80 Td (9. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 207.07856445312495 m 248.453125 207.07856445312495 l s q 0 0 0 rg BT 162.00 208.80 Td (Revocation Period) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 248.45 208.80 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 256.70 208.80 Td (Y) Tj ET Q q 0 0 0 rg BT 263.55 208.80 Td (ou acknowledge that you have seven \(7\) days after signing this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 195.60 Td (T) Tj ET Q q 0 0 0 rg BT 60.33 195.60 Td (ransition ) Tj ET Q q 0 0 0 rg BT 100.97 195.60 Td (Agreement to revoke it if you choose to do so. If you elect to revoke this ) Tj ET Q q 0 0 0 rg BT 425.80 195.60 Td (T) Tj ET Q q 0 0 0 rg BT 432.13 195.60 Td (ransition ) Tj ET Q q 0 0 0 rg BT 472.77 195.60 Td (Agreement, you ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 182.40 Td (must give written notice of such revocation to Cavco by delivering it to me in such a manner that it is actually ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 169.20 Td (received within the seven-day period.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 144.00 Td (10. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 142.278564453125 m 228.2685546875 142.278564453125 l s q 0 0 0 rg BT 162.00 144.00 Td (Effective Date) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 228.27 144.00 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 236.52 144.00 Td (This ) Tj ET Q q 0 0 0 rg BT 258.63 144.00 Td (T) Tj ET Q q 0 0 0 rg BT 264.96 144.00 Td (ransition ) Tj ET Q q 0 0 0 rg BT 305.60 144.00 Td (Agreement will take ef) Tj ET Q q 0 0 0 rg BT 406.49 144.00 Td (fect on the first business day ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 130.80 Td (following the expiration of the Revocation Period, provided that you choose not to revoke it.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 105.60 Td (1) Tj ET Q q 0 0 0 rg BT 130.89 105.60 Td (1. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 103.87856445312502 m 347.55517578125 103.87856445312502 l s q 0 0 0 rg BT 162.00 105.60 Td (Advice to Consult Legal Repr) Tj ET Q q 0 0 0 rg BT 301.13 105.60 Td (esentative) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 347.56 105.60 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 355.81 105.60 Td (Cavco recommends that you consult with ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 92.40 Td (legal counsel of your choosing, at your own expense, regarding entering into this ) Tj ET Q q 0 0 0 rg BT 412.74 92.40 Td (T) Tj ET Q q 0 0 0 rg BT 419.07 92.40 Td (ransition ) Tj ET Q q 0 0 0 rg BT 459.71 92.40 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 516.42 92.40 Td (Y) Tj ET Q q 0 0 0 rg BT 523.26 92.40 Td (ou ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 79.20 Td (acknowledge that you have had an opportunity to review this ) Tj ET Q q 0 0 0 rg BT 325.06 79.20 Td (T) Tj ET Q q 0 0 0 rg BT 331.40 79.20 Td (ransition ) Tj ET Q q 0 0 0 rg BT 372.03 79.20 Td (Agreement with counsel.) Tj ET Q endstream endobj 109 0 obj <> endobj 110 0 obj <> stream BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 741.60 Td (12. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 739.878564453125 m 382.6767578125 739.878564453125 l s q 0 0 0 rg BT 162.00 741.60 Td (Employee Certification - ) Tj ET Q q 0 0 0 rg BT 280.02 741.60 Td (V) Tj ET Q q 0 0 0 rg BT 286.95 741.60 Td (alidity of ) Tj ET Q q 0 0 0 rg BT 330.96 741.60 Td (Agr) Tj ET Q q 0 0 0 rg BT 349.09 741.60 Td (eement) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 382.68 741.60 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 390.93 741.60 Td (Y) Tj ET Q q 0 0 0 rg BT 397.77 741.60 Td (ou, intending to be legally bound, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 728.40 Td (certify and acknowledge that you have read carefully this ) Tj ET Q q 0 0 0 rg BT 308.83 728.40 Td (T) Tj ET Q q 0 0 0 rg BT 315.16 728.40 Td (ransition ) Tj ET Q q 0 0 0 rg BT 355.80 728.40 Td (Agreement and have executed it voluntarily ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 715.20 Td (and with full knowledge and understanding of its significance, meaning and binding ef) Tj ET Q q 0 0 0 rg BT 435.35 715.20 Td (fect and with the advice of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 702.00 Td (counsel. ) Tj ET Q q 0 0 0 rg BT 95.44 702.00 Td (Y) Tj ET Q q 0 0 0 rg BT 102.29 702.00 Td (ou further declare you are competent to understand the content and ef) Tj ET Q q 0 0 0 rg BT 407.82 702.00 Td (fect of this ) Tj ET Q q 0 0 0 rg BT 457.41 702.00 Td (T) Tj ET Q q 0 0 0 rg BT 463.74 702.00 Td (ransition ) Tj ET Q q 0 0 0 rg BT 504.38 702.00 Td (Agreement ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 688.80 Td (and that your decision to enter into this ) Tj ET Q q 0 0 0 rg BT 228.54 688.80 Td (T) Tj ET Q q 0 0 0 rg BT 234.88 688.80 Td (ransition ) Tj ET Q q 0 0 0 rg BT 275.51 688.80 Td (Agreement has not been influenced in any way by fraud, duress, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 675.60 Td (coercion, mistake or misleading information. ) Tj ET Q q 0 0 0 rg BT 257.04 675.60 Td (Y) Tj ET Q q 0 0 0 rg BT 263.88 675.60 Td (ou further certify that you have not relied on any information ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 662.40 Td (except what is set forth in this ) Tj ET Q q 0 0 0 rg BT 188.52 662.40 Td (T) Tj ET Q q 0 0 0 rg BT 194.86 662.40 Td (ransition ) Tj ET Q q 0 0 0 rg BT 235.49 662.40 Td (Agreement.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 637.20 Td (13. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 635.478564453125 m 217.00537109375 635.478564453125 l s q 0 0 0 rg BT 162.00 637.20 Td (Assignment) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 217.01 637.20 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 219.76 637.20 Td ( ) Tj ET Q q 0 0 0 rg BT 224.85 637.20 Td (Y) Tj ET Q q 0 0 0 rg BT 231.69 637.20 Td (ou agree that you may not assign your rights or obligations under this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 624.00 Td (T) Tj ET Q q 0 0 0 rg BT 60.33 624.00 Td (ransition ) Tj ET Q q 0 0 0 rg BT 100.97 624.00 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 155.14 624.00 Td (This ) Tj ET Q q 0 0 0 rg BT 177.25 624.00 Td (T) Tj ET Q q 0 0 0 rg BT 183.58 624.00 Td (ransition ) Tj ET Q q 0 0 0 rg BT 224.22 624.00 Td (Agreement shall inure to the benefit of and be binding upon the Company) Tj ET Q q 0 0 0 rg BT 548.53 624.00 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 610.80 Td (its successors and assigns in connection with a mer) Tj ET Q q 0 0 0 rg BT 278.65 610.80 Td (ger) Tj ET Q q 0 0 0 rg BT 292.25 610.80 Td (, consolidation or sale or transfer of assets.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 585.60 Td (14. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 583.878564453125 m 206.0107421875 583.878564453125 l s q 0 0 0 rg BT 162.00 585.60 Td (Headings) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 206.01 585.60 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 214.26 585.60 Td (The headings contained in this ) Tj ET Q q 0 0 0 rg BT 351.22 585.60 Td (T) Tj ET Q q 0 0 0 rg BT 357.56 585.60 Td (ransition ) Tj ET Q q 0 0 0 rg BT 398.19 585.60 Td (Agreement are not a part of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 572.40 Td (T) Tj ET Q q 0 0 0 rg BT 60.33 572.40 Td (ransition ) Tj ET Q q 0 0 0 rg BT 100.97 572.40 Td (Agreement and are included solely for ease of reference.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 547.20 Td (15. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 545.478564453125 m 298.89306640625 545.478564453125 l s q 0 0 0 rg BT 162.00 547.20 Td (Integration and Modification) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 298.89 547.20 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 307.14 547.20 Td (Y) Tj ET Q q 0 0 0 rg BT 313.99 547.20 Td (ou declare and represent that no promise or agreement ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 534.00 Td (has been made to you other than those expressed herein. ) Tj ET Q q 0 0 0 rg BT 306.72 534.00 Td (This ) Tj ET Q q 0 0 0 rg BT 328.83 534.00 Td (T) Tj ET Q q 0 0 0 rg BT 335.16 534.00 Td (ransition ) Tj ET Q q 0 0 0 rg BT 375.80 534.00 Td (Agreement, together with Sections 8 and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 520.80 Td (9 of the Employment ) Tj ET Q q 0 0 0 rg BT 149.32 520.80 Td (Agreement, constitutes the entire agreement of the parties and supersedes all prior ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 507.60 Td (agreements and understandings, whether oral or written, between them.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 482.40 Td (16. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 480.678564453125 m 217.91015625 480.678564453125 l s q 0 0 0 rg BT 162.00 482.40 Td (Severability) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 217.61 482.40 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 225.86 482.40 Td (If any term of this ) Tj ET Q q 0 0 0 rg BT 307.83 482.40 Td (T) Tj ET Q q 0 0 0 rg BT 314.16 482.40 Td (ransition ) Tj ET Q q 0 0 0 rg BT 354.80 482.40 Td (Agreement is or shall be declared invalid or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 469.20 Td (unenforceable by a court of competent jurisdiction, the remaining terms shall not be af) Tj ET Q q 0 0 0 rg BT 434.40 469.20 Td (fected thereby and shall ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 456.00 Td (remain in full force and ef) Tj ET Q q 0 0 0 rg BT 168.94 456.00 Td (fect.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 430.80 Td (17. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 162 429.078564453125 m 235.33935546875 429.078564453125 l s q 0 0 0 rg BT 162.00 430.80 Td (Governing Law) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 235.04 430.80 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 243.29 430.80 Td (Except to the extent any such laws are preempted by Federal law) Tj ET Q q 0 0 0 rg BT 528.16 430.80 Td (, the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 417.60 Td (parties agree that the terms of this ) Tj ET Q q 0 0 0 rg BT 205.61 417.60 Td (T) Tj ET Q q 0 0 0 rg BT 211.94 417.60 Td (ransition ) Tj ET Q q 0 0 0 rg BT 252.58 417.60 Td (Agreement will be governed by the laws of the State of ) Tj ET Q q 0 0 0 rg BT 497.87 417.60 Td (Arizona ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 404.40 Td (without giving ef) Tj ET Q q 0 0 0 rg BT 129.57 404.40 Td (fect to the choice of laws principles of any state.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 379.20 Td (If the above is agreeable to you, please sign this ) Tj ET Q q 0 0 0 rg BT 267.32 379.20 Td (T) Tj ET Q q 0 0 0 rg BT 273.65 379.20 Td (ransition ) Tj ET Q q 0 0 0 rg BT 314.29 379.20 Td (Agreement below and return it to my attention. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 328.80 Td (Sincerely) Tj ET Q q 0 0 0 rg BT 94.83 328.80 Td (,) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 290.29999999999995 m 262.5 290.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 290.29999999999995 m 262.5 290.29999999999995 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 57.00 295.22 Td (/s/ David ) Tj ET Q q 0 0 0 rg BT 99.47 295.22 Td (A. Greenblatt) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 57.00 279.22 Td (David ) Tj ET Q q 0 0 0 rg BT 86.03 279.22 Td (A. Greenblatt) Tj ET Q BT /F1 10.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 235.20 Td (Agreed to and accepted by the undersigned this 8th day of November) Tj ET Q q 0 0 0 rg BT 358.71 235.20 Td (, 2018.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 54.00 222.00 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 195.5 m 262.5 195.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 195.5 m 262.5 195.5 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 57.00 200.42 Td (/s/ Joseph H. Stegmayer) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 57.00 184.42 Td (Joseph H. Stegmayer) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 111 0 obj <> endobj 112 0 obj <> stream BT /F2 11.00 Tf ET q 0 0 0 rg BT 505.15 741.60 Td (Exhibit 10.2) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 65.35 722.40 Td (Employment ) Tj ET Q q 0 0 0 rg BT 127.99 722.40 Td (Arrangement Letter) Tj ET Q q 0 0 0 rg BT 222.58 722.40 Td (, dated as of November) Tj ET Q q 0 0 0 rg BT 330.23 722.40 Td ( 8, 2018, by and between Daniel L. Urness and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 254.35 709.20 Td (Cavco Industries, Inc.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 676.80 Td (November 8, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 650.40 Td (Daniel L. Urness) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 637.20 Td ([Address]) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 624.00 Td ([City) Tj ET Q q 0 0 0 rg BT 71.90 624.00 Td (, State Zip]) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 597.60 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 597.60 Td (Re: Employment ) Tj ET Q q 0 0 0 rg BT 162.99 597.60 Td (Arrangement Letter \(the Letter\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 571.20 Td (Dear Dan:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 544.80 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 544.80 Td (Given ) Tj ET Q q 0 0 0 rg BT 116.14 544.80 Td (that ) Tj ET Q q 0 0 0 rg BT 135.88 544.80 Td (you ) Tj ET Q q 0 0 0 rg BT 155.64 544.80 Td (are ) Tj ET Q q 0 0 0 rg BT 172.32 544.80 Td (becoming ) Tj ET Q q 0 0 0 rg BT 218.95 544.80 Td (the ) Tj ET Q q 0 0 0 rg BT 235.64 544.80 Td (President ) Tj ET Q q 0 0 0 rg BT 279.83 544.80 Td (and ) Tj ET Q q 0 0 0 rg BT 298.25 544.80 Td (Acting ) Tj ET Q q 0 0 0 rg BT 331.44 544.80 Td (Chief ) Tj ET Q q 0 0 0 rg BT 359.13 544.80 Td (Executive ) Tj ET Q q 0 0 0 rg BT 406.37 544.80 Td (Of) Tj ET Q q 0 0 0 rg BT 417.77 544.80 Td (ficer ) Tj ET Q q 0 0 0 rg BT 441.17 544.80 Td (of ) Tj ET Q q 0 0 0 rg BT 453.59 544.80 Td (Cavco ) Tj ET Q q 0 0 0 rg BT 484.95 544.80 Td (Industries, ) Tj ET Q q 0 0 0 rg BT 534.33 544.80 Td (Inc., ) Tj ET Q q 0 0 0 rg BT 557.13 544.80 Td (a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 531.60 Td (Delaware ) Tj ET Q q 0 0 0 rg BT 94.78 531.60 Td (corporation ) Tj ET Q q 0 0 0 rg BT 148.14 531.60 Td (\(Cavco ) Tj ET Q q 0 0 0 rg BT 192.31 531.60 Td (or ) Tj ET Q q 0 0 0 rg BT 204.12 531.60 Td (the ) Tj ET Q q 0 0 0 rg BT 220.21 531.60 Td (Company\) ) Tj ET Q q 0 0 0 rg BT 279.06 531.60 Td (on ) Tj ET Q q 0 0 0 rg BT 292.71 531.60 Td (even ) Tj ET Q q 0 0 0 rg BT 316.12 531.60 Td (date ) Tj ET Q q 0 0 0 rg BT 337.09 531.60 Td (herewith, ) Tj ET Q q 0 0 0 rg BT 380.97 531.60 Td (I ) Tj ET Q q 0 0 0 rg BT 387.28 531.60 Td (wanted ) Tj ET Q q 0 0 0 rg BT 421.70 531.60 Td (to ) Tj ET Q q 0 0 0 rg BT 432.90 531.60 Td (set ) Tj ET Q q 0 0 0 rg BT 447.77 531.60 Td (forth ) Tj ET Q q 0 0 0 rg BT 471.80 531.60 Td (the ) Tj ET Q q 0 0 0 rg BT 487.88 531.60 Td (understanding ) Tj ET Q q 0 0 0 rg BT 552.85 531.60 Td (of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 518.40 Td (you ) Tj ET Q q 0 0 0 rg BT 68.27 518.40 Td (\(herein, ) Tj ET Q q 0 0 0 rg BT 103.93 518.40 Td (Executive\) ) Tj ET Q q 0 0 0 rg BT 163.10 518.40 Td (and ) Tj ET Q q 0 0 0 rg BT 180.75 518.40 Td (the ) Tj ET Q q 0 0 0 rg BT 195.95 518.40 Td (Company ) Tj ET Q q 0 0 0 rg BT 240.49 518.40 Td (\(through ) Tj ET Q q 0 0 0 rg BT 280.14 518.40 Td (the ) Tj ET Q q 0 0 0 rg BT 294.96 518.40 Td (Audit ) Tj ET Q q 0 0 0 rg BT 321.78 518.40 Td (Committee ) Tj ET Q q 0 0 0 rg BT 372.43 518.40 Td (\(the ) Tj ET Q q 0 0 0 rg BT 391.29 518.40 Td (Committee\) ) Tj ET Q q 0 0 0 rg BT 455.37 518.40 Td (of ) Tj ET Q q 0 0 0 rg BT 466.30 518.40 Td (the ) Tj ET Q q 0 0 0 rg BT 481.50 518.40 Td (Board ) Tj ET Q q 0 0 0 rg BT 510.15 518.40 Td (of ) Tj ET Q q 0 0 0 rg BT 521.08 518.40 Td (Directors ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 505.20 Td (\(the ) Tj ET Q q 0 0 0 rg BT 69.03 505.20 Td (Board\) ) Tj ET Q q 0 0 0 rg BT 111.26 505.20 Td (of ) Tj ET Q q 0 0 0 rg BT 122.35 505.20 Td (the ) Tj ET Q q 0 0 0 rg BT 137.72 505.20 Td (Company) Tj ET Q q 0 0 0 rg BT 179.78 505.20 Td (, ) Tj ET Q q 0 0 0 rg BT 184.45 505.20 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 224.26 505.20 Td (to ) Tj ET Q q 0 0 0 rg BT 234.74 505.20 Td (powers ) Tj ET Q q 0 0 0 rg BT 268.44 505.20 Td (and ) Tj ET Q q 0 0 0 rg BT 286.25 505.20 Td (authority ) Tj ET Q q 0 0 0 rg BT 327.89 505.20 Td (delegated ) Tj ET Q q 0 0 0 rg BT 371.95 505.20 Td (by ) Tj ET Q q 0 0 0 rg BT 384.88 505.20 Td (the ) Tj ET Q q 0 0 0 rg BT 400.24 505.20 Td (Board ) Tj ET Q q 0 0 0 rg BT 429.05 505.20 Td (to ) Tj ET Q q 0 0 0 rg BT 439.53 505.20 Td (the ) Tj ET Q q 0 0 0 rg BT 454.90 505.20 Td (Committee\) ) Tj ET Q q 0 0 0 rg BT 509.37 505.20 Td (with ) Tj ET Q q 0 0 0 rg BT 530.85 505.20 Td (respect ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 492.00 Td (to ) Tj ET Q q 0 0 0 rg BT 61.31 492.00 Td (your ) Tj ET Q q 0 0 0 rg BT 84.22 492.00 Td (compensation ) Tj ET Q q 0 0 0 rg BT 148.07 492.00 Td (going ) Tj ET Q q 0 0 0 rg BT 175.87 492.00 Td (forward.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 465.60 Td (1. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 86 463.878564453125 m 116.55615234375 463.878564453125 l s q 0 0 0 rg BT 86.00 465.60 Td (Salary) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 116.56 465.60 Td (: ) Tj ET Q q 0 0 0 rg BT 122.91 465.60 Td (Commencing ) Tj ET Q q 0 0 0 rg BT 185.48 465.60 Td (on ) Tj ET Q q 0 0 0 rg BT 199.78 465.60 Td (November ) Tj ET Q q 0 0 0 rg BT 249.50 465.60 Td (8, ) Tj ET Q q 0 0 0 rg BT 261.05 465.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 286.35 465.60 Td (\(the ) Tj ET Q q 0 0 0 rg BT 306.75 465.60 Td (Commencement ) Tj ET Q q 0 0 0 rg BT 387.02 465.60 Td (Date\), ) Tj ET Q q 0 0 0 rg BT 422.38 465.60 Td (your ) Tj ET Q q 0 0 0 rg BT 445.84 465.60 Td (salary ) Tj ET Q q 0 0 0 rg BT 475.40 465.60 Td (\(the ) Tj ET Q q 0 0 0 rg BT 495.80 465.60 Td (Base ) Tj ET Q q 0 0 0 rg BT 525.36 465.60 Td (Salary\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 452.40 Td (will ) Tj ET Q q 0 0 0 rg BT 107.24 452.40 Td (be ) Tj ET Q q 0 0 0 rg BT 121.75 452.40 Td ($255,000 ) Tj ET Q q 0 0 0 rg BT 167.13 452.40 Td (per ) Tj ET Q q 0 0 0 rg BT 185.30 452.40 Td (year) Tj ET Q q 0 0 0 rg BT 203.79 452.40 Td (, ) Tj ET Q q 0 0 0 rg BT 210.66 452.40 Td (subject ) Tj ET Q q 0 0 0 rg BT 245.95 452.40 Td (to ) Tj ET Q q 0 0 0 rg BT 258.63 452.40 Td (customary ) Tj ET Q q 0 0 0 rg BT 308.58 452.40 Td (deductions ) Tj ET Q q 0 0 0 rg BT 360.37 452.40 Td (for ) Tj ET Q q 0 0 0 rg BT 377.32 452.40 Td (taxes ) Tj ET Q q 0 0 0 rg BT 404.05 452.40 Td (and ) Tj ET Q q 0 0 0 rg BT 424.06 452.40 Td (other ) Tj ET Q q 0 0 0 rg BT 450.79 452.40 Td (withholdings, ) Tj ET Q q 0 0 0 rg BT 515.11 452.40 Td (payable ) Tj ET Q q 0 0 0 rg BT 553.45 452.40 Td (in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 439.20 Td (accordance ) Tj ET Q q 0 0 0 rg BT 138.21 439.20 Td (with ) Tj ET Q q 0 0 0 rg BT 160.51 439.20 Td (the ) Tj ET Q q 0 0 0 rg BT 176.70 439.20 Td (Company) Tj ET Q q 0 0 0 rg BT 222.53 439.20 Td (s ) Tj ET Q q 0 0 0 rg BT 229.56 439.20 Td (customary ) Tj ET Q q 0 0 0 rg BT 278.13 439.20 Td (payroll ) Tj ET Q q 0 0 0 rg BT 312.04 439.20 Td (practices.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 412.80 Td (2. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 86 411.078564453125 m 198.50537109375 411.078564453125 l s q 0 0 0 rg BT 86.00 412.80 Td (Annual ) Tj ET Q q 0 0 0 rg BT 123.31 412.80 Td (Incentive ) Tj ET Q q 0 0 0 rg BT 169.15 412.80 Td (Bonus) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 198.51 412.80 Td (: ) Tj ET Q q 0 0 0 rg BT 203.66 412.80 Td (Y) Tj ET Q q 0 0 0 rg BT 210.50 412.80 Td (our ) Tj ET Q q 0 0 0 rg BT 227.62 412.80 Td (bonus ) Tj ET Q q 0 0 0 rg BT 256.36 412.80 Td (for ) Tj ET Q q 0 0 0 rg BT 271.64 412.80 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 297.92 412.80 Td (year ) Tj ET Q q 0 0 0 rg BT 319.31 412.80 Td (ending ) Tj ET Q q 0 0 0 rg BT 351.71 412.80 Td (March ) Tj ET Q q 0 0 0 rg BT 382.87 412.80 Td (2019 ) Tj ET Q q 0 0 0 rg BT 407.33 412.80 Td (will ) Tj ET Q q 0 0 0 rg BT 426.90 412.80 Td (be ) Tj ET Q q 0 0 0 rg BT 439.74 412.80 Td (a ) Tj ET Q q 0 0 0 rg BT 447.08 412.80 Td (hybrid ) Tj ET Q q 0 0 0 rg BT 478.26 412.80 Td (bonus ) Tj ET Q q 0 0 0 rg BT 507.00 412.80 Td (computed ) Tj ET Q q 0 0 0 rg BT 552.84 412.80 Td (as ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 399.60 Td (the ) Tj ET Q q 0 0 0 rg BT 102.96 399.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 139.47 399.60 Td (you ) Tj ET Q q 0 0 0 rg BT 159.49 399.60 Td (would ) Tj ET Q q 0 0 0 rg BT 190.51 399.60 Td (have ) Tj ET Q q 0 0 0 rg BT 214.80 399.60 Td (earned ) Tj ET Q q 0 0 0 rg BT 247.63 399.60 Td (under ) Tj ET Q q 0 0 0 rg BT 276.19 399.60 Td (your ) Tj ET Q q 0 0 0 rg BT 299.87 399.60 Td (original ) Tj ET Q q 0 0 0 rg BT 337.61 399.60 Td (bonus ) Tj ET Q q 0 0 0 rg BT 367.41 399.60 Td (arrangement ) Tj ET Q q 0 0 0 rg BT 425.89 399.60 Td (for ) Tj ET Q q 0 0 0 rg BT 442.24 399.60 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 469.58 399.60 Td (year ) Tj ET Q q 0 0 0 rg BT 492.03 399.60 Td (2019 ) Tj ET Q q 0 0 0 rg BT 517.55 399.60 Td (while ) Tj ET Q q 0 0 0 rg BT 545.50 399.60 Td (you ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 386.40 Td (worked ) Tj ET Q q 0 0 0 rg BT 121.71 386.40 Td (as ) Tj ET Q q 0 0 0 rg BT 133.60 386.40 Td (the ) Tj ET Q q 0 0 0 rg BT 149.76 386.40 Td (Company) Tj ET Q q 0 0 0 rg BT 195.59 386.40 Td (s ) Tj ET Q q 0 0 0 rg BT 202.60 386.40 Td (Chief ) Tj ET Q q 0 0 0 rg BT 229.76 386.40 Td (Financial ) Tj ET Q q 0 0 0 rg BT 273.41 386.40 Td (Of) Tj ET Q q 0 0 0 rg BT 284.82 386.40 Td (ficer ) Tj ET Q q 0 0 0 rg BT 307.69 386.40 Td (\(which ) Tj ET Q q 0 0 0 rg BT 340.96 386.40 Td (was ) Tj ET Q q 0 0 0 rg BT 360.79 386.40 Td (previously ) Tj ET Q q 0 0 0 rg BT 409.95 386.40 Td (disclosed ) Tj ET Q q 0 0 0 rg BT 453.61 386.40 Td (in ) Tj ET Q q 0 0 0 rg BT 464.89 386.40 Td (the ) Tj ET Q q 0 0 0 rg BT 481.05 386.40 Td (Company) Tj ET Q q 0 0 0 rg BT 526.89 386.40 Td (s ) Tj ET Q q 0 0 0 rg BT 533.89 386.40 Td (filings ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 373.20 Td (with ) Tj ET Q q 0 0 0 rg BT 108.77 373.20 Td (the ) Tj ET Q q 0 0 0 rg BT 125.43 373.20 Td (SEC\), ) Tj ET Q q 0 0 0 rg BT 155.23 373.20 Td (prorated ) Tj ET Q q 0 0 0 rg BT 195.09 373.20 Td (for ) Tj ET Q q 0 0 0 rg BT 211.13 373.20 Td (the ) Tj ET Q q 0 0 0 rg BT 227.79 373.20 Td (portion ) Tj ET Q q 0 0 0 rg BT 262.78 373.20 Td (of ) Tj ET Q q 0 0 0 rg BT 275.16 373.20 Td (the ) Tj ET Q q 0 0 0 rg BT 291.81 373.20 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 318.85 373.20 Td (year ) Tj ET Q q 0 0 0 rg BT 340.99 373.20 Td (while ) Tj ET Q q 0 0 0 rg BT 368.65 373.20 Td (you ) Tj ET Q q 0 0 0 rg BT 388.36 373.20 Td (were ) Tj ET Q q 0 0 0 rg BT 412.95 373.20 Td (the ) Tj ET Q q 0 0 0 rg BT 429.60 373.20 Td (Chief ) Tj ET Q q 0 0 0 rg BT 457.26 373.20 Td (Financial ) Tj ET Q q 0 0 0 rg BT 501.41 373.20 Td (Of) Tj ET Q q 0 0 0 rg BT 512.82 373.20 Td (ficer ) Tj ET Q q 0 0 0 rg BT 536.18 373.20 Td (of ) Tj ET Q q 0 0 0 rg BT 548.56 373.20 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 360.00 Td (Company) Tj ET Q q 0 0 0 rg BT 128.06 360.00 Td (, ) Tj ET Q q 0 0 0 rg BT 134.21 360.00 Td (plus ) Tj ET Q q 0 0 0 rg BT 155.94 360.00 Td (a ) Tj ET Q q 0 0 0 rg BT 164.21 360.00 Td (bonus ) Tj ET Q q 0 0 0 rg BT 193.89 360.00 Td (to ) Tj ET Q q 0 0 0 rg BT 205.84 360.00 Td (be ) Tj ET Q q 0 0 0 rg BT 219.62 360.00 Td (determined ) Tj ET Q q 0 0 0 rg BT 272.49 360.00 Td (in ) Tj ET Q q 0 0 0 rg BT 284.44 360.00 Td (the ) Tj ET Q q 0 0 0 rg BT 301.27 360.00 Td (Employment ) Tj ET Q q 0 0 0 rg BT 360.75 360.00 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 413.01 360.00 Td (to ) Tj ET Q q 0 0 0 rg BT 424.96 360.00 Td (be ) Tj ET Q q 0 0 0 rg BT 438.73 360.00 Td (entered ) Tj ET Q q 0 0 0 rg BT 474.49 360.00 Td (into ) Tj ET Q q 0 0 0 rg BT 495.00 360.00 Td (by ) Tj ET Q q 0 0 0 rg BT 509.40 360.00 Td (you ) Tj ET Q q 0 0 0 rg BT 529.29 360.00 Td (and ) Tj ET Q q 0 0 0 rg BT 548.57 360.00 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 346.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 131.80 346.80 Td (at ) Tj ET Q q 0 0 0 rg BT 142.76 346.80 Td (a ) Tj ET Q q 0 0 0 rg BT 150.67 346.80 Td (later ) Tj ET Q q 0 0 0 rg BT 173.23 346.80 Td (date ) Tj ET Q q 0 0 0 rg BT 194.58 346.80 Td (\(the ) Tj ET Q q 0 0 0 rg BT 214.70 346.80 Td (Employment ) Tj ET Q q 0 0 0 rg BT 278.77 346.80 Td (Agreement\) ) Tj ET Q q 0 0 0 rg BT 339.20 346.80 Td (\(assuming ) Tj ET Q q 0 0 0 rg BT 387.45 346.80 Td (that ) Tj ET Q q 0 0 0 rg BT 406.96 346.80 Td (you ) Tj ET Q q 0 0 0 rg BT 426.49 346.80 Td (and ) Tj ET Q q 0 0 0 rg BT 445.39 346.80 Td (the ) Tj ET Q q 0 0 0 rg BT 461.86 346.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 507.66 346.80 Td (\(through ) Tj ET Q q 0 0 0 rg BT 548.56 346.80 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 333.60 Td (Committee\) ) Tj ET Q q 0 0 0 rg BT 141.73 333.60 Td (can ) Tj ET Q q 0 0 0 rg BT 160.19 333.60 Td (reach ) Tj ET Q q 0 0 0 rg BT 187.19 333.60 Td (a ) Tj ET Q q 0 0 0 rg BT 195.26 333.60 Td (mutually ) Tj ET Q q 0 0 0 rg BT 237.55 333.60 Td (acceptable ) Tj ET Q q 0 0 0 rg BT 287.15 333.60 Td (Employment ) Tj ET Q q 0 0 0 rg BT 346.46 333.60 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 401.27 333.60 Td (which ) Tj ET Q q 0 0 0 rg BT 431.34 333.60 Td (neither ) Tj ET Q q 0 0 0 rg BT 465.07 333.60 Td (you ) Tj ET Q q 0 0 0 rg BT 484.76 333.60 Td (nor ) Tj ET Q q 0 0 0 rg BT 502.61 333.60 Td (the ) Tj ET Q q 0 0 0 rg BT 519.23 333.60 Td (Company ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 320.40 Td (are ) Tj ET Q q 0 0 0 rg BT 102.64 320.40 Td (obligated ) Tj ET Q q 0 0 0 rg BT 146.78 320.40 Td (to ) Tj ET Q q 0 0 0 rg BT 158.55 320.40 Td (do\), ) Tj ET Q q 0 0 0 rg BT 179.17 320.40 Td (as ) Tj ET Q q 0 0 0 rg BT 191.55 320.40 Td (described ) Tj ET Q q 0 0 0 rg BT 236.90 320.40 Td (below) Tj ET Q q 0 0 0 rg BT 263.07 320.40 Td (, ) Tj ET Q q 0 0 0 rg BT 269.03 320.40 Td (for ) Tj ET Q q 0 0 0 rg BT 285.07 320.40 Td (the ) Tj ET Q q 0 0 0 rg BT 301.72 320.40 Td (period ) Tj ET Q q 0 0 0 rg BT 333.03 320.40 Td (of ) Tj ET Q q 0 0 0 rg BT 345.40 320.40 Td (time ) Tj ET Q q 0 0 0 rg BT 368.16 320.40 Td (from ) Tj ET Q q 0 0 0 rg BT 392.76 320.40 Td (the ) Tj ET Q q 0 0 0 rg BT 409.41 320.40 Td (Commencement ) Tj ET Q q 0 0 0 rg BT 484.71 320.40 Td (Date ) Tj ET Q q 0 0 0 rg BT 508.68 320.40 Td (through ) Tj ET Q q 0 0 0 rg BT 546.11 320.40 Td (and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 307.20 Td (including ) Tj ET Q q 0 0 0 rg BT 130.30 307.20 Td (the ) Tj ET Q q 0 0 0 rg BT 146.49 307.20 Td (last ) Tj ET Q q 0 0 0 rg BT 164.51 307.20 Td (day ) Tj ET Q q 0 0 0 rg BT 183.15 307.20 Td (of ) Tj ET Q q 0 0 0 rg BT 195.06 307.20 Td (the ) Tj ET Q q 0 0 0 rg BT 211.25 307.20 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 237.82 307.20 Td (year ) Tj ET Q q 0 0 0 rg BT 259.50 307.20 Td (ending ) Tj ET Q q 0 0 0 rg BT 292.19 307.20 Td (March ) Tj ET Q q 0 0 0 rg BT 323.64 307.20 Td (2019.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 280.80 Td (3. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 86 279.07856445312495 m 155.79931640625 279.07856445312495 l s q 0 0 0 rg BT 86.00 280.80 Td (Equity ) Tj ET Q q 0 0 0 rg BT 119.95 280.80 Td (A) Tj ET Q q 0 0 0 rg BT 127.07 280.80 Td (wards) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 155.80 280.80 Td (: ) Tj ET Q q 0 0 0 rg BT 161.21 280.80 Td (Y) Tj ET Q q 0 0 0 rg BT 168.05 280.80 Td (ou ) Tj ET Q q 0 0 0 rg BT 181.82 280.80 Td (will ) Tj ET Q q 0 0 0 rg BT 201.70 280.80 Td (be ) Tj ET Q q 0 0 0 rg BT 214.85 280.80 Td (eligible ) Tj ET Q q 0 0 0 rg BT 250.60 280.80 Td (to ) Tj ET Q q 0 0 0 rg BT 261.92 280.80 Td (receive ) Tj ET Q q 0 0 0 rg BT 296.44 280.80 Td (one ) Tj ET Q q 0 0 0 rg BT 315.09 280.80 Td (or ) Tj ET Q q 0 0 0 rg BT 327.02 280.80 Td (more ) Tj ET Q q 0 0 0 rg BT 352.38 280.80 Td (grants ) Tj ET Q q 0 0 0 rg BT 382.03 280.80 Td (of ) Tj ET Q q 0 0 0 rg BT 393.96 280.80 Td (equity ) Tj ET Q q 0 0 0 rg BT 424.22 280.80 Td (in ) Tj ET Q q 0 0 0 rg BT 435.54 280.80 Td (the ) Tj ET Q q 0 0 0 rg BT 451.75 280.80 Td (stock ) Tj ET Q q 0 0 0 rg BT 477.73 280.80 Td (of ) Tj ET Q q 0 0 0 rg BT 489.66 280.80 Td (the ) Tj ET Q q 0 0 0 rg BT 505.87 280.80 Td (Company) Tj ET Q q 0 0 0 rg BT 547.93 280.80 Td (, ) Tj ET Q q 0 0 0 rg BT 553.45 280.80 Td (in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 267.60 Td (amounts ) Tj ET Q q 0 0 0 rg BT 124.85 267.60 Td (and ) Tj ET Q q 0 0 0 rg BT 142.30 267.60 Td (upon ) Tj ET Q q 0 0 0 rg BT 165.87 267.60 Td (such ) Tj ET Q q 0 0 0 rg BT 187.61 267.60 Td (terms ) Tj ET Q q 0 0 0 rg BT 213.62 267.60 Td (and ) Tj ET Q q 0 0 0 rg BT 231.07 267.60 Td (conditions ) Tj ET Q q 0 0 0 rg BT 278.47 267.60 Td (as ) Tj ET Q q 0 0 0 rg BT 289.21 267.60 Td (the ) Tj ET Q q 0 0 0 rg BT 304.22 267.60 Td (Compensation ) Tj ET Q q 0 0 0 rg BT 369.34 267.60 Td (Committee ) Tj ET Q q 0 0 0 rg BT 419.79 267.60 Td (and/or ) Tj ET Q q 0 0 0 rg BT 449.46 267.60 Td (the ) Tj ET Q q 0 0 0 rg BT 464.47 267.60 Td (Board ) Tj ET Q q 0 0 0 rg BT 492.93 267.60 Td (shall ) Tj ET Q q 0 0 0 rg BT 515.27 267.60 Td (determine, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 254.40 Td (and ) Tj ET Q q 0 0 0 rg BT 104.98 254.40 Td (such ) Tj ET Q q 0 0 0 rg BT 128.24 254.40 Td (awards ) Tj ET Q q 0 0 0 rg BT 162.48 254.40 Td (to ) Tj ET Q q 0 0 0 rg BT 174.13 254.40 Td (be ) Tj ET Q q 0 0 0 rg BT 187.61 254.40 Td (made ) Tj ET Q q 0 0 0 rg BT 214.53 254.40 Td (during ) Tj ET Q q 0 0 0 rg BT 246.34 254.40 Td (the ) Tj ET Q q 0 0 0 rg BT 262.88 254.40 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 289.79 254.40 Td (year ) Tj ET Q q 0 0 0 rg BT 311.82 254.40 Td (ending ) Tj ET Q q 0 0 0 rg BT 344.85 254.40 Td (March ) Tj ET Q q 0 0 0 rg BT 376.65 254.40 Td (2019 ) Tj ET Q q 0 0 0 rg BT 401.75 254.40 Td (will ) Tj ET Q q 0 0 0 rg BT 421.96 254.40 Td (be ) Tj ET Q q 0 0 0 rg BT 435.43 254.40 Td (reflected ) Tj ET Q q 0 0 0 rg BT 477.00 254.40 Td (in ) Tj ET Q q 0 0 0 rg BT 488.65 254.40 Td (the ) Tj ET Q q 0 0 0 rg BT 505.18 254.40 Td (Employment ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 241.20 Td (Agreement.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 214.80 Td (4. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 86 213.07856445312495 m 220.33935546875 213.07856445312495 l s q 0 0 0 rg BT 86.00 214.80 Td (Non-Competition ) Tj ET Q q 0 0 0 rg BT 171.65 214.80 Td (Pr) Tj ET Q q 0 0 0 rg BT 183.05 214.80 Td (ovisions) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 220.34 214.80 Td (: ) Tj ET Q q 0 0 0 rg BT 226.59 214.80 Td (Y) Tj ET Q q 0 0 0 rg BT 233.44 214.80 Td (ou ) Tj ET Q q 0 0 0 rg BT 248.19 214.80 Td (and ) Tj ET Q q 0 0 0 rg BT 267.83 214.80 Td (the ) Tj ET Q q 0 0 0 rg BT 285.03 214.80 Td (Company ) Tj ET Q q 0 0 0 rg BT 331.56 214.80 Td (\(through ) Tj ET Q q 0 0 0 rg BT 373.20 214.80 Td (the ) Tj ET Q q 0 0 0 rg BT 390.40 214.80 Td (Committee\) ) Tj ET Q q 0 0 0 rg BT 446.70 214.80 Td (will ) Tj ET Q q 0 0 0 rg BT 467.57 214.80 Td (agree ) Tj ET Q q 0 0 0 rg BT 495.14 214.80 Td (to ) Tj ET Q q 0 0 0 rg BT 507.45 214.80 Td (the ) Tj ET Q q 0 0 0 rg BT 524.65 214.80 Td (terms ) Tj ET Q q 0 0 0 rg BT 552.84 214.80 Td (of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 201.60 Td (mutually ) Tj ET Q q 0 0 0 rg BT 128.05 201.60 Td (acceptable ) Tj ET Q q 0 0 0 rg BT 177.40 201.60 Td (non-competition ) Tj ET Q q 0 0 0 rg BT 253.06 201.60 Td (provisions ) Tj ET Q q 0 0 0 rg BT 301.84 201.60 Td (that ) Tj ET Q q 0 0 0 rg BT 321.28 201.60 Td (will ) Tj ET Q q 0 0 0 rg BT 341.33 201.60 Td (af) Tj ET Q q 0 0 0 rg BT 349.68 201.60 Td (fect ) Tj ET Q q 0 0 0 rg BT 369.11 201.60 Td (your ) Tj ET Q q 0 0 0 rg BT 392.22 201.60 Td (ability ) Tj ET Q q 0 0 0 rg BT 423.27 201.60 Td (to ) Tj ET Q q 0 0 0 rg BT 434.77 201.60 Td (work ) Tj ET Q q 0 0 0 rg BT 460.32 201.60 Td (for ) Tj ET Q q 0 0 0 rg BT 476.09 201.60 Td (or ) Tj ET Q q 0 0 0 rg BT 488.20 201.60 Td (perform ) Tj ET Q q 0 0 0 rg BT 526.57 201.60 Td (services ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 188.40 Td (for ) Tj ET Q q 0 0 0 rg BT 102.96 188.40 Td (other ) Tj ET Q q 0 0 0 rg BT 129.71 188.40 Td (persons ) Tj ET Q q 0 0 0 rg BT 167.45 188.40 Td (or ) Tj ET Q q 0 0 0 rg BT 180.75 188.40 Td (companies ) Tj ET Q q 0 0 0 rg BT 231.93 188.40 Td (in ) Tj ET Q q 0 0 0 rg BT 244.63 188.40 Td (the ) Tj ET Q q 0 0 0 rg BT 262.20 188.40 Td (event ) Tj ET Q q 0 0 0 rg BT 290.16 188.40 Td (you ) Tj ET Q q 0 0 0 rg BT 310.80 188.40 Td (are ) Tj ET Q q 0 0 0 rg BT 328.37 188.40 Td (no ) Tj ET Q q 0 0 0 rg BT 343.51 188.40 Td (longer ) Tj ET Q q 0 0 0 rg BT 375.75 188.40 Td (employed ) Tj ET Q q 0 0 0 rg BT 423.26 188.40 Td (by ) Tj ET Q q 0 0 0 rg BT 438.40 188.40 Td (the ) Tj ET Q q 0 0 0 rg BT 455.98 188.40 Td (Company ) Tj ET Q q 0 0 0 rg BT 502.89 188.40 Td (under ) Tj ET Q q 0 0 0 rg BT 532.08 188.40 Td (certain ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 175.20 Td (circumstances. ) Tj ET Q q 0 0 0 rg BT 153.80 175.20 Td ( ) Tj ET Q q 0 0 0 rg BT 156.36 175.20 Td (The ) Tj ET Q q 0 0 0 rg BT 176.21 175.20 Td (non-competition ) Tj ET Q q 0 0 0 rg BT 251.67 175.20 Td (provisions ) Tj ET Q q 0 0 0 rg BT 300.25 175.20 Td (will ) Tj ET Q q 0 0 0 rg BT 320.12 175.20 Td (be ) Tj ET Q q 0 0 0 rg BT 333.25 175.20 Td (set ) Tj ET Q q 0 0 0 rg BT 348.22 175.20 Td (forth ) Tj ET Q q 0 0 0 rg BT 372.35 175.20 Td (in ) Tj ET Q q 0 0 0 rg BT 383.66 175.20 Td (detail ) Tj ET Q q 0 0 0 rg BT 410.84 175.20 Td (in ) Tj ET Q q 0 0 0 rg BT 422.14 175.20 Td (the ) Tj ET Q q 0 0 0 rg BT 438.33 175.20 Td (Employment ) Tj ET Q q 0 0 0 rg BT 497.30 175.20 Td (Agreement.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 148.80 Td (5. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 86 147.07856445312495 m 171.59912109375 147.07856445312495 l s q 0 0 0 rg BT 86.00 148.80 Td (Change ) Tj ET Q q 0 0 0 rg BT 124.02 148.80 Td (of ) Tj ET Q q 0 0 0 rg BT 135.13 148.80 Td (Contr) Tj ET Q q 0 0 0 rg BT 163.04 148.80 Td (ol) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 171.60 148.80 Td (: ) Tj ET Q q 0 0 0 rg BT 176.47 148.80 Td (W) Tj ET Q q 0 0 0 rg BT 185.97 148.80 Td (e ) Tj ET Q q 0 0 0 rg BT 192.81 148.80 Td (want ) Tj ET Q q 0 0 0 rg BT 216.15 148.80 Td (to ) Tj ET Q q 0 0 0 rg BT 226.66 148.80 Td (provide ) Tj ET Q q 0 0 0 rg BT 262.21 148.80 Td (you ) Tj ET Q q 0 0 0 rg BT 280.67 148.80 Td (\(defined ) Tj ET Q q 0 0 0 rg BT 319.27 148.80 Td (as ) Tj ET Q q 0 0 0 rg BT 330.39 148.80 Td (the ) Tj ET Q q 0 0 0 rg BT 345.78 148.80 Td (Executive\) ) Tj ET Q q 0 0 0 rg BT 405.14 148.80 Td (with ) Tj ET Q q 0 0 0 rg BT 426.65 148.80 Td (certain ) Tj ET Q q 0 0 0 rg BT 458.53 148.80 Td (protection ) Tj ET Q q 0 0 0 rg BT 505.08 148.80 Td (under ) Tj ET Q q 0 0 0 rg BT 532.08 148.80 Td (certain ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 135.60 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 151.14 135.60 Td (in ) Tj ET Q q 0 0 0 rg BT 162.53 135.60 Td (the ) Tj ET Q q 0 0 0 rg BT 178.81 135.60 Td (event ) Tj ET Q q 0 0 0 rg BT 205.46 135.60 Td (of ) Tj ET Q q 0 0 0 rg BT 217.46 135.60 Td (a ) Tj ET Q q 0 0 0 rg BT 225.18 135.60 Td (change ) Tj ET Q q 0 0 0 rg BT 259.16 135.60 Td (in ) Tj ET Q q 0 0 0 rg BT 270.56 135.60 Td (control ) Tj ET Q q 0 0 0 rg BT 304.55 135.60 Td (of ) Tj ET Q q 0 0 0 rg BT 316.55 135.60 Td (the ) Tj ET Q q 0 0 0 rg BT 332.82 135.60 Td (Company) Tj ET Q q 0 0 0 rg BT 374.88 135.60 Td (. ) Tj ET Q q 0 0 0 rg BT 379.84 135.60 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 434.11 135.60 Td (, ) Tj ET Q q 0 0 0 rg BT 439.70 135.60 Td (if ) Tj ET Q q 0 0 0 rg BT 449.25 135.60 Td (within ) Tj ET Q q 0 0 0 rg BT 480.20 135.60 Td (two ) Tj ET Q q 0 0 0 rg BT 499.54 135.60 Td (years ) Tj ET Q q 0 0 0 rg BT 525.58 135.60 Td (after ) Tj ET Q q 0 0 0 rg BT 548.57 135.60 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 122.40 Td (occurrence ) Tj ET Q q 0 0 0 rg BT 136.45 122.40 Td (of ) Tj ET Q q 0 0 0 rg BT 147.82 122.40 Td (a ) Tj ET Q q 0 0 0 rg BT 154.92 122.40 Td (Change ) Tj ET Q q 0 0 0 rg BT 190.73 122.40 Td (in ) Tj ET Q q 0 0 0 rg BT 201.50 122.40 Td (Control ) Tj ET Q q 0 0 0 rg BT 237.32 122.40 Td (\(as ) Tj ET Q q 0 0 0 rg BT 252.36 122.40 Td (defined ) Tj ET Q q 0 0 0 rg BT 287.55 122.40 Td (in ) Tj ET Q q 0 0 0 rg BT 298.32 122.40 Td (that ) Tj ET Q q 0 0 0 rg BT 317.03 122.40 Td (certain ) Tj ET Q q 0 0 0 rg BT 348.67 122.40 Td (Amended ) Tj ET Q q 0 0 0 rg BT 393.65 122.40 Td (and ) Tj ET Q q 0 0 0 rg BT 411.74 122.40 Td (Restated ) Tj ET Q q 0 0 0 rg BT 451.83 122.40 Td (Employment ) Tj ET Q q 0 0 0 rg BT 510.38 122.40 Td (Agreement, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 109.20 Td (dated ) Tj ET Q q 0 0 0 rg BT 113.04 109.20 Td (as ) Tj ET Q q 0 0 0 rg BT 125.43 109.20 Td (of ) Tj ET Q q 0 0 0 rg BT 137.11 109.20 Td (April ) Tj ET Q q 0 0 0 rg BT 163.55 109.20 Td (1, ) Tj ET Q q 0 0 0 rg BT 175.03 109.20 Td (201) Tj ET Q q 0 0 0 rg BT 191.12 109.20 Td (1 ) Tj ET Q q 0 0 0 rg BT 199.84 109.20 Td (\(the ) Tj ET Q q 0 0 0 rg BT 220.17 109.20 Td (Former ) Tj ET Q q 0 0 0 rg BT 260.66 109.20 Td (CEO ) Tj ET Q q 0 0 0 rg BT 285.88 109.20 Td (Employment ) Tj ET Q q 0 0 0 rg BT 345.22 109.20 Td (Agreement\), ) Tj ET Q q 0 0 0 rg BT 408.60 109.20 Td (by ) Tj ET Q q 0 0 0 rg BT 422.83 109.20 Td (and ) Tj ET Q q 0 0 0 rg BT 441.94 109.20 Td (between ) Tj ET Q q 0 0 0 rg BT 481.81 109.20 Td (Joseph ) Tj ET Q q 0 0 0 rg BT 514.97 109.20 Td (Stegmayer ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 96.00 Td (and ) Tj ET Q q 0 0 0 rg BT 104.99 96.00 Td (the ) Tj ET Q q 0 0 0 rg BT 121.54 96.00 Td (Company\), ) Tj ET Q q 0 0 0 rg BT 173.84 96.00 Td (the ) Tj ET Q q 0 0 0 rg BT 190.39 96.00 Td (Executive) Tj ET Q q 0 0 0 rg BT 237.42 96.00 Td (s ) Tj ET Q q 0 0 0 rg BT 244.81 96.00 Td (employment ) Tj ET Q q 0 0 0 rg BT 302.91 96.00 Td (is ) Tj ET Q q 0 0 0 rg BT 313.36 96.00 Td (terminated ) Tj ET Q q 0 0 0 rg BT 363.50 96.00 Td (as ) Tj ET Q q 0 0 0 rg BT 375.78 96.00 Td (the ) Tj ET Q q 0 0 0 rg BT 392.32 96.00 Td (result ) Tj ET Q q 0 0 0 rg BT 419.87 96.00 Td (of ) Tj ET Q q 0 0 0 rg BT 432.15 96.00 Td (a ) Tj ET Q q 0 0 0 rg BT 439.91 96.00 Td (T) Tj ET Q q 0 0 0 rg BT 445.86 96.00 Td (ermination ) Tj ET Q q 0 0 0 rg BT 496.40 96.00 Td (W) Tj ET Q q 0 0 0 rg BT 506.34 96.00 Td (ithout ) Tj ET Q q 0 0 0 rg BT 535.12 96.00 Td (Cause ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 82.80 Td (\(as ) Tj ET Q q 0 0 0 rg BT 101.34 82.80 Td (defined ) Tj ET Q q 0 0 0 rg BT 136.83 82.80 Td (in ) Tj ET Q q 0 0 0 rg BT 147.90 82.80 Td (the ) Tj ET Q q 0 0 0 rg BT 163.85 82.80 Td (Former ) Tj ET Q q 0 0 0 rg BT 198.74 82.80 Td (CEO ) Tj ET Q q 0 0 0 rg BT 223.25 82.80 Td (Employment ) Tj ET Q q 0 0 0 rg BT 282.04 82.80 Td (Agreement\), ) Tj ET Q q 0 0 0 rg BT 339.83 82.80 Td (and ) Tj ET Q q 0 0 0 rg BT 358.22 82.80 Td (such ) Tj ET Q q 0 0 0 rg BT 380.90 82.80 Td (termination ) Tj ET Q q 0 0 0 rg BT 434.12 82.80 Td (constitutes ) Tj ET Q q 0 0 0 rg BT 483.68 82.80 Td (a ) Tj ET Q q 0 0 0 rg BT 491.07 82.80 Td (Separation ) Tj ET Q q 0 0 0 rg BT 540.62 82.80 Td (from ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 69.60 Td (Service ) Tj ET Q q 0 0 0 rg BT 121.63 69.60 Td (\(as ) Tj ET Q q 0 0 0 rg BT 137.10 69.60 Td (defined ) Tj ET Q q 0 0 0 rg BT 172.73 69.60 Td (in ) Tj ET Q q 0 0 0 rg BT 183.93 69.60 Td (Section ) Tj ET Q q 0 0 0 rg BT 219.56 69.60 Td (10 ) Tj ET Q q 0 0 0 rg BT 233.21 69.60 Td (of ) Tj ET Q q 0 0 0 rg BT 245.02 69.60 Td (the ) Tj ET Q q 0 0 0 rg BT 261.10 69.60 Td (Former ) Tj ET Q q 0 0 0 rg BT 296.13 69.60 Td (CEO ) Tj ET Q q 0 0 0 rg BT 320.77 69.60 Td (Employment ) Tj ET Q q 0 0 0 rg BT 379.66 69.60 Td (Agreement\), ) Tj ET Q q 0 0 0 rg BT 437.58 69.60 Td (the ) Tj ET Q q 0 0 0 rg BT 453.66 69.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 499.08 69.60 Td (will ) Tj ET Q q 0 0 0 rg BT 518.84 69.60 Td (pay ) Tj ET Q q 0 0 0 rg BT 537.36 69.60 Td (to ) Tj ET Q q 0 0 0 rg BT 548.56 69.60 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 56.40 Td (Executive ) Tj ET Q q 0 0 0 rg BT 131.77 56.40 Td (a ) Tj ET Q q 0 0 0 rg BT 138.44 56.40 Td (lump ) Tj ET Q q 0 0 0 rg BT 162.83 56.40 Td (sum ) Tj ET Q q 0 0 0 rg BT 182.96 56.40 Td (termination ) Tj ET Q q 0 0 0 rg BT 235.45 56.40 Td (payment ) Tj ET Q q 0 0 0 rg BT 275.12 56.40 Td (equal ) Tj ET Q q 0 0 0 rg BT 300.73 56.40 Td (to ) Tj ET Q q 0 0 0 rg BT 311.07 56.40 Td (three ) Tj ET Q q 0 0 0 rg BT 334.84 56.40 Td (times ) Tj ET Q q 0 0 0 rg BT 360.46 56.40 Td (the ) Tj ET Q q 0 0 0 rg BT 375.68 56.40 Td (Executive) Tj ET Q q 0 0 0 rg BT 422.72 56.40 Td (s ) Tj ET Q q 0 0 0 rg BT 428.79 56.40 Td (Base ) Tj ET Q q 0 0 0 rg BT 451.96 56.40 Td (Salary) Tj ET Q q 0 0 0 rg BT 479.34 56.40 Td (. ) Tj ET Q q 0 0 0 rg BT 483.88 56.40 Td (Subject ) Tj ET Q q 0 0 0 rg BT 518.66 56.40 Td (to ) Tj ET Q q 0 0 0 rg BT 529.01 56.40 Td (Section ) Tj ET Q endstream endobj 113 0 obj <> endobj 114 0 obj <> stream BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 741.40 Td (10 ) Tj ET Q q 0 0 0 rg BT 99.50 741.40 Td (of ) Tj ET Q q 0 0 0 rg BT 111.17 741.40 Td (the ) Tj ET Q q 0 0 0 rg BT 127.11 741.40 Td (Former ) Tj ET Q q 0 0 0 rg BT 162.00 741.40 Td (CEO ) Tj ET Q q 0 0 0 rg BT 186.51 741.40 Td (Employment ) Tj ET Q q 0 0 0 rg BT 245.28 741.40 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 299.40 741.40 Td (the ) Tj ET Q q 0 0 0 rg BT 315.35 741.40 Td (lump ) Tj ET Q q 0 0 0 rg BT 340.46 741.40 Td (sum ) Tj ET Q q 0 0 0 rg BT 361.31 741.40 Td (termination ) Tj ET Q q 0 0 0 rg BT 414.52 741.40 Td (payment ) Tj ET Q q 0 0 0 rg BT 454.90 741.40 Td (described ) Tj ET Q q 0 0 0 rg BT 499.55 741.40 Td (in ) Tj ET Q q 0 0 0 rg BT 510.61 741.40 Td (this ) Tj ET Q q 0 0 0 rg BT 529.01 741.40 Td (Section ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 728.20 Td (5 ) Tj ET Q q 0 0 0 rg BT 93.04 728.20 Td (will ) Tj ET Q q 0 0 0 rg BT 111.69 728.20 Td (be ) Tj ET Q q 0 0 0 rg BT 123.61 728.20 Td (paid ) Tj ET Q q 0 0 0 rg BT 144.09 728.20 Td (to ) Tj ET Q q 0 0 0 rg BT 154.18 728.20 Td (the ) Tj ET Q q 0 0 0 rg BT 169.16 728.20 Td (Executive ) Tj ET Q q 0 0 0 rg BT 214.68 728.20 Td (within ) Tj ET Q q 0 0 0 rg BT 244.33 728.20 Td (65 ) Tj ET Q q 0 0 0 rg BT 256.87 728.20 Td (days ) Tj ET Q q 0 0 0 rg BT 278.57 728.20 Td (following ) Tj ET Q q 0 0 0 rg BT 322.89 728.20 Td (the ) Tj ET Q q 0 0 0 rg BT 337.86 728.20 Td (Executive) Tj ET Q q 0 0 0 rg BT 384.90 728.20 Td (s ) Tj ET Q q 0 0 0 rg BT 390.72 728.20 Td (Separation ) Tj ET Q q 0 0 0 rg BT 439.30 728.20 Td (from ) Tj ET Q q 0 0 0 rg BT 462.22 728.20 Td (Service. ) Tj ET Q q 0 0 0 rg BT 499.38 728.20 Td (The ) Tj ET Q q 0 0 0 rg BT 518.02 728.20 Td (Executive ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 715.00 Td (may ) Tj ET Q q 0 0 0 rg BT 107.57 715.00 Td (not ) Tj ET Q q 0 0 0 rg BT 124.26 715.00 Td (select ) Tj ET Q q 0 0 0 rg BT 151.93 715.00 Td (the ) Tj ET Q q 0 0 0 rg BT 168.01 715.00 Td (calendar ) Tj ET Q q 0 0 0 rg BT 207.89 715.00 Td (year ) Tj ET Q q 0 0 0 rg BT 229.45 715.00 Td (of ) Tj ET Q q 0 0 0 rg BT 241.25 715.00 Td (payment. ) Tj ET Q q 0 0 0 rg BT 284.32 715.00 Td (The ) Tj ET Q q 0 0 0 rg BT 304.05 715.00 Td (defined ) Tj ET Q q 0 0 0 rg BT 339.67 715.00 Td (terms ) Tj ET Q q 0 0 0 rg BT 366.74 715.00 Td (of ) Tj ET Q q 0 0 0 rg BT 378.54 715.00 Td (the ) Tj ET Q q 0 0 0 rg BT 394.61 715.00 Td (Former ) Tj ET Q q 0 0 0 rg BT 429.62 715.00 Td (CEO ) Tj ET Q q 0 0 0 rg BT 454.26 715.00 Td (Employment ) Tj ET Q q 0 0 0 rg BT 513.13 715.00 Td (Agreement ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 701.80 Td (used ) Tj ET Q q 0 0 0 rg BT 108.66 701.80 Td (in ) Tj ET Q q 0 0 0 rg BT 119.72 701.80 Td (this ) Tj ET Q q 0 0 0 rg BT 138.11 701.80 Td (Letter ) Tj ET Q q 0 0 0 rg BT 166.87 701.80 Td (are ) Tj ET Q q 0 0 0 rg BT 182.80 701.80 Td (hereby ) Tj ET Q q 0 0 0 rg BT 215.23 701.80 Td (incorporated ) Tj ET Q q 0 0 0 rg BT 273.32 701.80 Td (into ) Tj ET Q q 0 0 0 rg BT 292.93 701.80 Td (this ) Tj ET Q q 0 0 0 rg BT 311.32 701.80 Td (Letter) Tj ET Q q 0 0 0 rg BT 337.14 701.80 Td (, ) Tj ET Q q 0 0 0 rg BT 342.39 701.80 Td (notwithstanding ) Tj ET Q q 0 0 0 rg BT 415.78 701.80 Td (any ) Tj ET Q q 0 0 0 rg BT 434.16 701.80 Td (termination ) Tj ET Q q 0 0 0 rg BT 487.37 701.80 Td (or ) Tj ET Q q 0 0 0 rg BT 499.04 701.80 Td (amendment ) Tj ET Q q 0 0 0 rg BT 552.85 701.80 Td (of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 688.60 Td (such ) Tj ET Q q 0 0 0 rg BT 108.40 688.60 Td (Former ) Tj ET Q q 0 0 0 rg BT 143.01 688.60 Td (CEO ) Tj ET Q q 0 0 0 rg BT 167.25 688.60 Td (Employment ) Tj ET Q q 0 0 0 rg BT 225.82 688.60 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 279.67 688.60 Td ( ) Tj ET Q q 0 0 0 rg BT 281.74 688.60 Td (T) Tj ET Q q 0 0 0 rg BT 287.69 688.60 Td (o ) Tj ET Q q 0 0 0 rg BT 295.42 688.60 Td (avoid ) Tj ET Q q 0 0 0 rg BT 322.10 688.60 Td (any ) Tj ET Q q 0 0 0 rg BT 340.21 688.60 Td (confusion, ) Tj ET Q q 0 0 0 rg BT 388.58 688.60 Td (we ) Tj ET Q q 0 0 0 rg BT 403.64 688.60 Td (both ) Tj ET Q q 0 0 0 rg BT 425.43 688.60 Td (agree ) Tj ET Q q 0 0 0 rg BT 451.48 688.60 Td (that ) Tj ET Q q 0 0 0 rg BT 470.21 688.60 Td (the ) Tj ET Q q 0 0 0 rg BT 485.88 688.60 Td (term ) Tj ET Q q 0 0 0 rg BT 508.27 688.60 Td (Executive ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 675.40 Td (as ) Tj ET Q q 0 0 0 rg BT 97.91 675.40 Td (used ) Tj ET Q q 0 0 0 rg BT 120.83 675.40 Td (in ) Tj ET Q q 0 0 0 rg BT 132.13 675.40 Td (this ) Tj ET Q q 0 0 0 rg BT 150.78 675.40 Td (Section ) Tj ET Q q 0 0 0 rg BT 186.52 675.40 Td (5 ) Tj ET Q q 0 0 0 rg BT 194.77 675.40 Td (refers ) Tj ET Q q 0 0 0 rg BT 222.55 675.40 Td (to ) Tj ET Q q 0 0 0 rg BT 233.86 675.40 Td (you, ) Tj ET Q q 0 0 0 rg BT 255.86 675.40 Td (Daniel ) Tj ET Q q 0 0 0 rg BT 287.93 675.40 Td (L. ) Tj ET Q q 0 0 0 rg BT 300.15 675.40 Td (Urness.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 649.00 Td (6. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 86 647.278564453125 m 199.85791015625 647.278564453125 l s q 0 0 0 rg BT 86.00 649.00 Td (Employment ) Tj ET Q q 0 0 0 rg BT 148.14 649.00 Td (Agr) Tj ET Q q 0 0 0 rg BT 166.27 649.00 Td (eement) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 199.86 649.00 Td (. ) Tj ET Q q 0 0 0 rg BT 204.71 649.00 Td (It ) Tj ET Q q 0 0 0 rg BT 213.54 649.00 Td (is ) Tj ET Q q 0 0 0 rg BT 222.98 649.00 Td (the ) Tj ET Q q 0 0 0 rg BT 238.52 649.00 Td (intention ) Tj ET Q q 0 0 0 rg BT 279.73 649.00 Td (of ) Tj ET Q q 0 0 0 rg BT 291.00 649.00 Td (the ) Tj ET Q q 0 0 0 rg BT 306.54 649.00 Td (Committee ) Tj ET Q q 0 0 0 rg BT 357.53 649.00 Td (\(or ) Tj ET Q q 0 0 0 rg BT 372.46 649.00 Td (the ) Tj ET Q q 0 0 0 rg BT 388.00 649.00 Td (Compensation ) Tj ET Q q 0 0 0 rg BT 453.65 649.00 Td (Committee ) Tj ET Q q 0 0 0 rg BT 504.64 649.00 Td (of ) Tj ET Q q 0 0 0 rg BT 515.91 649.00 Td (the ) Tj ET Q q 0 0 0 rg BT 531.45 649.00 Td (Board\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 635.80 Td (and ) Tj ET Q q 0 0 0 rg BT 106.02 635.80 Td (you ) Tj ET Q q 0 0 0 rg BT 126.67 635.80 Td (to ) Tj ET Q q 0 0 0 rg BT 139.36 635.80 Td (negotiate ) Tj ET Q q 0 0 0 rg BT 183.82 635.80 Td (and ) Tj ET Q q 0 0 0 rg BT 203.84 635.80 Td (enter ) Tj ET Q q 0 0 0 rg BT 229.97 635.80 Td (into ) Tj ET Q q 0 0 0 rg BT 251.22 635.80 Td (a ) Tj ET Q q 0 0 0 rg BT 260.25 635.80 Td (mutually ) Tj ET Q q 0 0 0 rg BT 303.50 635.80 Td (acceptable ) Tj ET Q q 0 0 0 rg BT 354.04 635.80 Td (Employment ) Tj ET Q q 0 0 0 rg BT 414.10 635.80 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 467.11 635.80 Td (between ) Tj ET Q q 0 0 0 rg BT 507.89 635.80 Td (you ) Tj ET Q q 0 0 0 rg BT 528.54 635.80 Td (and ) Tj ET Q q 0 0 0 rg BT 548.56 635.80 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 622.60 Td (Company) Tj ET Q q 0 0 0 rg BT 128.06 622.60 Td (, ) Tj ET Q q 0 0 0 rg BT 132.89 622.60 Td (which ) Tj ET Q q 0 0 0 rg BT 161.86 622.60 Td (agreement ) Tj ET Q q 0 0 0 rg BT 209.74 622.60 Td (will ) Tj ET Q q 0 0 0 rg BT 228.94 622.60 Td (contain ) Tj ET Q q 0 0 0 rg BT 263.40 622.60 Td (additional, ) Tj ET Q q 0 0 0 rg BT 312.22 622.60 Td (substantive ) Tj ET Q q 0 0 0 rg BT 363.79 622.60 Td (provisions ) Tj ET Q q 0 0 0 rg BT 411.71 622.60 Td (and ) Tj ET Q q 0 0 0 rg BT 429.67 622.60 Td (will ) Tj ET Q q 0 0 0 rg BT 448.87 622.60 Td (supersede ) Tj ET Q q 0 0 0 rg BT 494.32 622.60 Td (and ) Tj ET Q q 0 0 0 rg BT 512.29 622.60 Td (replace ) Tj ET Q q 0 0 0 rg BT 546.12 622.60 Td (this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 609.40 Td (Letter) Tj ET Q q 0 0 0 rg BT 111.65 609.40 Td (. ) Tj ET Q q 0 0 0 rg BT 117.45 609.40 Td (It ) Tj ET Q q 0 0 0 rg BT 127.21 609.40 Td (is ) Tj ET Q q 0 0 0 rg BT 137.59 609.40 Td (my ) Tj ET Q q 0 0 0 rg BT 154.70 609.40 Td (goal ) Tj ET Q q 0 0 0 rg BT 176.68 609.40 Td (that ) Tj ET Q q 0 0 0 rg BT 196.22 609.40 Td (such ) Tj ET Q q 0 0 0 rg BT 219.43 609.40 Td (Employment ) Tj ET Q q 0 0 0 rg BT 278.63 609.40 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 330.54 609.40 Td (would ) Tj ET Q q 0 0 0 rg BT 361.08 609.40 Td (be ) Tj ET Q q 0 0 0 rg BT 374.51 609.40 Td (negotiated ) Tj ET Q q 0 0 0 rg BT 423.37 609.40 Td (and ) Tj ET Q q 0 0 0 rg BT 442.30 609.40 Td (executed ) Tj ET Q q 0 0 0 rg BT 484.43 609.40 Td (within ) Tj ET Q q 0 0 0 rg BT 515.59 609.40 Td (30 ) Tj ET Q q 0 0 0 rg BT 529.64 609.40 Td (days ) Tj ET Q q 0 0 0 rg BT 552.84 609.40 Td (of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 596.20 Td (this ) Tj ET Q q 0 0 0 rg BT 104.51 596.20 Td (Letter) Tj ET Q q 0 0 0 rg BT 130.33 596.20 Td (, ) Tj ET Q q 0 0 0 rg BT 135.70 596.20 Td (but ) Tj ET Q q 0 0 0 rg BT 152.37 596.20 Td (in ) Tj ET Q q 0 0 0 rg BT 163.54 596.20 Td (no ) Tj ET Q q 0 0 0 rg BT 177.16 596.20 Td (event ) Tj ET Q q 0 0 0 rg BT 203.60 596.20 Td (later ) Tj ET Q q 0 0 0 rg BT 225.76 596.20 Td (than ) Tj ET Q q 0 0 0 rg BT 247.31 596.20 Td (December ) Tj ET Q q 0 0 0 rg BT 295.12 596.20 Td (31, ) Tj ET Q q 0 0 0 rg BT 311.49 596.20 Td (2018 ) Tj ET Q q 0 0 0 rg BT 336.10 596.20 Td (if ) Tj ET Q q 0 0 0 rg BT 345.44 596.20 Td (such ) Tj ET Q q 0 0 0 rg BT 368.22 596.20 Td (an ) Tj ET Q q 0 0 0 rg BT 381.22 596.20 Td (agreement ) Tj ET Q q 0 0 0 rg BT 429.64 596.20 Td (can ) Tj ET Q q 0 0 0 rg BT 447.52 596.20 Td (be ) Tj ET Q q 0 0 0 rg BT 460.52 596.20 Td (reached ) Tj ET Q q 0 0 0 rg BT 497.33 596.20 Td (by ) Tj ET Q q 0 0 0 rg BT 510.95 596.20 Td (you ) Tj ET Q q 0 0 0 rg BT 530.07 596.20 Td (and ) Tj ET Q q 0 0 0 rg BT 548.57 596.20 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 583.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 131.53 583.00 Td (\(through ) Tj ET Q q 0 0 0 rg BT 172.16 583.00 Td (the ) Tj ET Q q 0 0 0 rg BT 188.35 583.00 Td (Committee\).) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 556.60 Td (7. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 86 554.878564453125 m 180.5771484375 554.878564453125 l s q 0 0 0 rg BT 86.00 556.60 Td (Employment ) Tj ET Q q 0 0 0 rg BT 149.06 556.60 Td (at ) Tj ET Q q 0 0 0 rg BT 160.61 556.60 Td (W) Tj ET Q q 0 0 0 rg BT 171.41 556.60 Td (ill) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 180.58 556.60 Td (. ) Tj ET Q q 0 0 0 rg BT 185.51 556.60 Td (Y) Tj ET Q q 0 0 0 rg BT 192.35 556.60 Td (ou ) Tj ET Q q 0 0 0 rg BT 205.92 556.60 Td (acknowledge ) Tj ET Q q 0 0 0 rg BT 266.51 556.60 Td (that ) Tj ET Q q 0 0 0 rg BT 285.57 556.60 Td (you ) Tj ET Q q 0 0 0 rg BT 304.64 556.60 Td (are ) Tj ET Q q 0 0 0 rg BT 320.63 556.60 Td (and ) Tj ET Q q 0 0 0 rg BT 339.08 556.60 Td (remain ) Tj ET Q q 0 0 0 rg BT 372.18 556.60 Td (an ) Tj ET Q q 0 0 0 rg BT 385.13 556.60 Td (employee ) Tj ET Q q 0 0 0 rg BT 430.45 556.60 Td (at ) Tj ET Q q 0 0 0 rg BT 440.96 556.60 Td (will ) Tj ET Q q 0 0 0 rg BT 460.63 556.60 Td (with ) Tj ET Q q 0 0 0 rg BT 482.76 556.60 Td (the ) Tj ET Q q 0 0 0 rg BT 498.76 556.60 Td (Company) Tj ET Q q 0 0 0 rg BT 540.82 556.60 Td (, ) Tj ET Q q 0 0 0 rg BT 546.14 556.60 Td (and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 543.40 Td (this ) Tj ET Q q 0 0 0 rg BT 104.73 543.40 Td (Letter ) Tj ET Q q 0 0 0 rg BT 133.83 543.40 Td (does ) Tj ET Q q 0 0 0 rg BT 156.83 543.40 Td (not ) Tj ET Q q 0 0 0 rg BT 173.73 543.40 Td (confer ) Tj ET Q q 0 0 0 rg BT 204.66 543.40 Td (on ) Tj ET Q q 0 0 0 rg BT 218.50 543.40 Td (you ) Tj ET Q q 0 0 0 rg BT 237.83 543.40 Td (any ) Tj ET Q q 0 0 0 rg BT 256.56 543.40 Td (long-term ) Tj ET Q q 0 0 0 rg BT 302.77 543.40 Td (employment ) Tj ET Q q 0 0 0 rg BT 360.60 543.40 Td (arrangement ) Tj ET Q q 0 0 0 rg BT 418.41 543.40 Td (with ) Tj ET Q q 0 0 0 rg BT 440.80 543.40 Td (you. ) Tj ET Q q 0 0 0 rg BT 462.26 543.40 Td (Any ) Tj ET Q q 0 0 0 rg BT 484.05 543.40 Td (such ) Tj ET Q q 0 0 0 rg BT 507.05 543.40 Td (arrangement ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 530.20 Td (for ) Tj ET Q q 0 0 0 rg BT 101.80 530.20 Td (a ) Tj ET Q q 0 0 0 rg BT 109.66 530.20 Td (relationship ) Tj ET Q q 0 0 0 rg BT 164.56 530.20 Td (that ) Tj ET Q q 0 0 0 rg BT 184.03 530.20 Td (is ) Tj ET Q q 0 0 0 rg BT 194.34 530.20 Td (not ) Tj ET Q q 0 0 0 rg BT 211.37 530.20 Td (one ) Tj ET Q q 0 0 0 rg BT 230.23 530.20 Td (of ) Tj ET Q q 0 0 0 rg BT 242.37 530.20 Td (employment-at-will ) Tj ET Q q 0 0 0 rg BT 332.71 530.20 Td (would ) Tj ET Q q 0 0 0 rg BT 363.18 530.20 Td (be ) Tj ET Q q 0 0 0 rg BT 376.54 530.20 Td (contained, ) Tj ET Q q 0 0 0 rg BT 425.02 530.20 Td (if ) Tj ET Q q 0 0 0 rg BT 434.72 530.20 Td (such ) Tj ET Q q 0 0 0 rg BT 457.85 530.20 Td (is ) Tj ET Q q 0 0 0 rg BT 468.16 530.20 Td (the ) Tj ET Q q 0 0 0 rg BT 484.58 530.20 Td (agreement ) Tj ET Q q 0 0 0 rg BT 533.35 530.20 Td (of ) Tj ET Q q 0 0 0 rg BT 545.49 530.20 Td (you ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 517.00 Td (and ) Tj ET Q q 0 0 0 rg BT 104.63 517.00 Td (the ) Tj ET Q q 0 0 0 rg BT 120.82 517.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 166.35 517.00 Td (\(through ) Tj ET Q q 0 0 0 rg BT 206.98 517.00 Td (the ) Tj ET Q q 0 0 0 rg BT 223.17 517.00 Td (Committee\), ) Tj ET Q q 0 0 0 rg BT 281.21 517.00 Td (in ) Tj ET Q q 0 0 0 rg BT 292.52 517.00 Td (the ) Tj ET Q q 0 0 0 rg BT 308.71 517.00 Td (Employment ) Tj ET Q q 0 0 0 rg BT 367.68 517.00 Td (Agreement.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 490.60 Td (8. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 86 488.878564453125 m 221.615234375 488.878564453125 l s q 0 0 0 rg BT 86.00 490.60 Td (Reimbursement ) Tj ET Q q 0 0 0 rg BT 165.10 490.60 Td (of ) Tj ET Q q 0 0 0 rg BT 178.22 490.60 Td (Expenses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 221.62 490.60 Td (. ) Tj ET Q q 0 0 0 rg BT 228.03 490.60 Td (The ) Tj ET Q q 0 0 0 rg BT 249.08 490.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 295.81 490.60 Td (agrees ) Tj ET Q q 0 0 0 rg BT 327.85 490.60 Td (to ) Tj ET Q q 0 0 0 rg BT 340.36 490.60 Td (promptly ) Tj ET Q q 0 0 0 rg BT 384.64 490.60 Td (reimburse ) Tj ET Q q 0 0 0 rg BT 432.57 490.60 Td (you, ) Tj ET Q q 0 0 0 rg BT 455.77 490.60 Td (or ) Tj ET Q q 0 0 0 rg BT 468.89 490.60 Td (\(at ) Tj ET Q q 0 0 0 rg BT 484.44 490.60 Td (your ) Tj ET Q q 0 0 0 rg BT 508.55 490.60 Td (sole ) Tj ET Q q 0 0 0 rg BT 530.22 490.60 Td (option\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 477.40 Td (directly ) Tj ET Q q 0 0 0 rg BT 123.21 477.40 Td (pay ) Tj ET Q q 0 0 0 rg BT 142.70 477.40 Td (any ) Tj ET Q q 0 0 0 rg BT 162.19 477.40 Td (invoice ) Tj ET Q q 0 0 0 rg BT 198.18 477.40 Td (submitted ) Tj ET Q q 0 0 0 rg BT 245.18 477.40 Td (to ) Tj ET Q q 0 0 0 rg BT 257.35 477.40 Td (the ) Tj ET Q q 0 0 0 rg BT 274.40 477.40 Td (Company) Tj ET Q q 0 0 0 rg BT 316.46 477.40 Td (, ) Tj ET Q q 0 0 0 rg BT 322.82 477.40 Td (for ) Tj ET Q q 0 0 0 rg BT 339.25 477.40 Td (costs ) Tj ET Q q 0 0 0 rg BT 364.87 477.40 Td (and ) Tj ET Q q 0 0 0 rg BT 384.36 477.40 Td (expenses ) Tj ET Q q 0 0 0 rg BT 427.68 477.40 Td (\(including, ) Tj ET Q q 0 0 0 rg BT 479.25 477.40 Td (without ) Tj ET Q q 0 0 0 rg BT 516.48 477.40 Td (limitation, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 464.20 Td (attorneys) Tj ET Q q 0 0 0 rg BT 129.17 464.20 Td ( ) Tj ET Q q 0 0 0 rg BT 132.89 464.20 Td (fees ) Tj ET Q q 0 0 0 rg BT 154.32 464.20 Td (and ) Tj ET Q q 0 0 0 rg BT 173.93 464.20 Td (costs\) ) Tj ET Q q 0 0 0 rg BT 203.32 464.20 Td (that ) Tj ET Q q 0 0 0 rg BT 223.53 464.20 Td (you ) Tj ET Q q 0 0 0 rg BT 243.76 464.20 Td (incur ) Tj ET Q q 0 0 0 rg BT 270.08 464.20 Td (relating ) Tj ET Q q 0 0 0 rg BT 307.40 464.20 Td (to ) Tj ET Q q 0 0 0 rg BT 319.68 464.20 Td (your ) Tj ET Q q 0 0 0 rg BT 343.57 464.20 Td (acceptance ) Tj ET Q q 0 0 0 rg BT 395.53 464.20 Td (of ) Tj ET Q q 0 0 0 rg BT 408.41 464.20 Td (this ) Tj ET Q q 0 0 0 rg BT 428.03 464.20 Td (position; ) Tj ET Q q 0 0 0 rg BT 470.26 464.20 Td (review ) Tj ET Q q 0 0 0 rg BT 503.91 464.20 Td (of ) Tj ET Q q 0 0 0 rg BT 516.80 464.20 Td (associated ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 451.00 Td (agreements, ) Tj ET Q q 0 0 0 rg BT 142.08 451.00 Td (bylaws, ) Tj ET Q q 0 0 0 rg BT 179.23 451.00 Td (insurance ) Tj ET Q q 0 0 0 rg BT 224.62 451.00 Td (policies, ) Tj ET Q q 0 0 0 rg BT 264.83 451.00 Td (and ) Tj ET Q q 0 0 0 rg BT 283.95 451.00 Td (other ) Tj ET Q q 0 0 0 rg BT 309.79 451.00 Td (corporate ) Tj ET Q q 0 0 0 rg BT 354.56 451.00 Td (documents; ) Tj ET Q q 0 0 0 rg BT 408.52 451.00 Td (preparation ) Tj ET Q q 0 0 0 rg BT 461.85 451.00 Td (and ) Tj ET Q q 0 0 0 rg BT 480.97 451.00 Td (negotiation ) Tj ET Q q 0 0 0 rg BT 533.70 451.00 Td (of ) Tj ET Q q 0 0 0 rg BT 546.11 451.00 Td (this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 437.80 Td (Letter; ) Tj ET Q q 0 0 0 rg BT 117.93 437.80 Td (and ) Tj ET Q q 0 0 0 rg BT 136.42 437.80 Td (preparation ) Tj ET Q q 0 0 0 rg BT 189.12 437.80 Td (and ) Tj ET Q q 0 0 0 rg BT 207.62 437.80 Td (negotiation ) Tj ET Q q 0 0 0 rg BT 259.72 437.80 Td (of ) Tj ET Q q 0 0 0 rg BT 271.50 437.80 Td (the ) Tj ET Q q 0 0 0 rg BT 287.55 437.80 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 339.04 437.80 Td (Employment ) Tj ET Q q 0 0 0 rg BT 397.91 437.80 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 452.14 437.80 Td (provided ) Tj ET Q q 0 0 0 rg BT 493.85 437.80 Td (that ) Tj ET Q q 0 0 0 rg BT 512.96 437.80 Td (the ) Tj ET Q q 0 0 0 rg BT 529.01 437.80 Td (amount ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 424.60 Td (to ) Tj ET Q q 0 0 0 rg BT 97.31 424.60 Td (be ) Tj ET Q q 0 0 0 rg BT 110.44 424.60 Td (reimbursed ) Tj ET Q q 0 0 0 rg BT 162.67 424.60 Td (or ) Tj ET Q q 0 0 0 rg BT 174.59 424.60 Td (paid ) Tj ET Q q 0 0 0 rg BT 196.27 424.60 Td (by ) Tj ET Q q 0 0 0 rg BT 210.02 424.60 Td (the ) Tj ET Q q 0 0 0 rg BT 226.21 424.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 271.74 424.60 Td (under ) Tj ET Q q 0 0 0 rg BT 299.53 424.60 Td (this ) Tj ET Q q 0 0 0 rg BT 318.18 424.60 Td (Section ) Tj ET Q q 0 0 0 rg BT 353.92 424.60 Td (8 ) Tj ET Q q 0 0 0 rg BT 362.17 424.60 Td (shall ) Tj ET Q q 0 0 0 rg BT 385.70 424.60 Td (be ) Tj ET Q q 0 0 0 rg BT 398.83 424.60 Td (limited ) Tj ET Q q 0 0 0 rg BT 432.74 424.60 Td (to ) Tj ET Q q 0 0 0 rg BT 444.05 424.60 Td ($30,000.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 398.20 Td (9. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 86 396.478564453125 m 258.98388671875 396.478564453125 l s q 0 0 0 rg BT 86.00 398.20 Td (Governing ) Tj ET Q q 0 0 0 rg BT 139.39 398.20 Td (Law; ) Tj ET Q q 0 0 0 rg BT 167.11 398.20 Td (Jurisdiction; ) Tj ET Q q 0 0 0 rg BT 230.05 398.20 Td (V) Tj ET Q q 0 0 0 rg BT 236.98 398.20 Td (enue) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 258.98 398.20 Td (. ) Tj ET Q q 0 0 0 rg BT 265.01 398.20 Td ( ) Tj ET Q q 0 0 0 rg BT 268.06 398.20 Td (This ) Tj ET Q q 0 0 0 rg BT 290.89 398.20 Td (Letter ) Tj ET Q q 0 0 0 rg BT 320.43 398.20 Td (and ) Tj ET Q q 0 0 0 rg BT 339.59 398.20 Td (all ) Tj ET Q q 0 0 0 rg BT 353.86 398.20 Td (questions ) Tj ET Q q 0 0 0 rg BT 398.70 398.20 Td (relating ) Tj ET Q q 0 0 0 rg BT 435.58 398.20 Td (to ) Tj ET Q q 0 0 0 rg BT 447.41 398.20 Td (its ) Tj ET Q q 0 0 0 rg BT 461.08 398.20 Td (validity) Tj ET Q q 0 0 0 rg BT 493.98 398.20 Td (, ) Tj ET Q q 0 0 0 rg BT 500.01 398.20 Td (interpretation, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 385.00 Td (performance, ) Tj ET Q q 0 0 0 rg BT 146.93 385.00 Td (and ) Tj ET Q q 0 0 0 rg BT 165.42 385.00 Td (enforcement ) Tj ET Q q 0 0 0 rg BT 222.99 385.00 Td (shall ) Tj ET Q q 0 0 0 rg BT 246.38 385.00 Td (be ) Tj ET Q q 0 0 0 rg BT 259.36 385.00 Td (governed ) Tj ET Q q 0 0 0 rg BT 302.90 385.00 Td (by) Tj ET Q q 0 0 0 rg BT 313.18 385.00 Td (, ) Tj ET Q q 0 0 0 rg BT 318.54 385.00 Td (construed, ) Tj ET Q q 0 0 0 rg BT 366.66 385.00 Td (interpreted, ) Tj ET Q q 0 0 0 rg BT 419.66 385.00 Td (and ) Tj ET Q q 0 0 0 rg BT 438.15 385.00 Td (enforced ) Tj ET Q q 0 0 0 rg BT 479.23 385.00 Td (in ) Tj ET Q q 0 0 0 rg BT 490.39 385.00 Td (accordance ) Tj ET Q q 0 0 0 rg BT 542.45 385.00 Td (with ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 371.80 Td (the ) Tj ET Q q 0 0 0 rg BT 102.34 371.80 Td (substantive ) Tj ET Q q 0 0 0 rg BT 154.74 371.80 Td (laws ) Tj ET Q q 0 0 0 rg BT 177.80 371.80 Td (of ) Tj ET Q q 0 0 0 rg BT 189.87 371.80 Td (the ) Tj ET Q q 0 0 0 rg BT 206.21 371.80 Td (State ) Tj ET Q q 0 0 0 rg BT 231.10 371.80 Td (of ) Tj ET Q q 0 0 0 rg BT 242.53 371.80 Td (Arizona, ) Tj ET Q q 0 0 0 rg BT 283.61 371.80 Td (without ) Tj ET Q q 0 0 0 rg BT 320.12 371.80 Td (reference ) Tj ET Q q 0 0 0 rg BT 363.92 371.80 Td (to ) Tj ET Q q 0 0 0 rg BT 375.38 371.80 Td (any ) Tj ET Q q 0 0 0 rg BT 394.17 371.80 Td (conflict-of-law ) Tj ET Q q 0 0 0 rg BT 463.04 371.80 Td (rule, ) Tj ET Q q 0 0 0 rg BT 485.79 371.80 Td (principle, ) Tj ET Q q 0 0 0 rg BT 530.54 371.80 Td (statute, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 358.60 Td (or ) Tj ET Q q 0 0 0 rg BT 97.38 358.60 Td (regulation ) Tj ET Q q 0 0 0 rg BT 144.20 358.60 Td (that ) Tj ET Q q 0 0 0 rg BT 162.91 358.60 Td (would ) Tj ET Q q 0 0 0 rg BT 192.63 358.60 Td (result ) Tj ET Q q 0 0 0 rg BT 219.28 358.60 Td (in ) Tj ET Q q 0 0 0 rg BT 230.06 358.60 Td (the ) Tj ET Q q 0 0 0 rg BT 245.71 358.60 Td (application ) Tj ET Q q 0 0 0 rg BT 296.80 358.60 Td (of ) Tj ET Q q 0 0 0 rg BT 308.19 358.60 Td (any ) Tj ET Q q 0 0 0 rg BT 326.29 358.60 Td (other ) Tj ET Q q 0 0 0 rg BT 351.11 358.60 Td (laws. ) Tj ET Q q 0 0 0 rg BT 376.24 358.60 Td ( ) Tj ET Q q 0 0 0 rg BT 378.13 358.60 Td (Y) Tj ET Q q 0 0 0 rg BT 384.97 358.60 Td (ou ) Tj ET Q q 0 0 0 rg BT 398.19 358.60 Td (and ) Tj ET Q q 0 0 0 rg BT 416.29 358.60 Td (the ) Tj ET Q q 0 0 0 rg BT 431.95 358.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 476.94 358.60 Td (each ) Tj ET Q q 0 0 0 rg BT 499.30 358.60 Td (hereby ) Tj ET Q q 0 0 0 rg BT 531.45 358.60 Td (waives ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 345.40 Td (any ) Tj ET Q q 0 0 0 rg BT 103.78 345.40 Td (objection ) Tj ET Q q 0 0 0 rg BT 146.61 345.40 Td (that ) Tj ET Q q 0 0 0 rg BT 165.00 345.40 Td (either ) Tj ET Q q 0 0 0 rg BT 191.93 345.40 Td (may ) Tj ET Q q 0 0 0 rg BT 212.77 345.40 Td (have ) Tj ET Q q 0 0 0 rg BT 235.43 345.40 Td (to ) Tj ET Q q 0 0 0 rg BT 245.88 345.40 Td (the ) Tj ET Q q 0 0 0 rg BT 261.22 345.40 Td (jurisdiction ) Tj ET Q q 0 0 0 rg BT 313.22 345.40 Td (of ) Tj ET Q q 0 0 0 rg BT 324.28 345.40 Td (the ) Tj ET Q q 0 0 0 rg BT 339.61 345.40 Td (courts, ) Tj ET Q q 0 0 0 rg BT 371.14 345.40 Td (state ) Tj ET Q q 0 0 0 rg BT 393.19 345.40 Td (or ) Tj ET Q q 0 0 0 rg BT 404.25 345.40 Td (federal, ) Tj ET Q q 0 0 0 rg BT 439.43 345.40 Td (located ) Tj ET Q q 0 0 0 rg BT 473.08 345.40 Td (in ) Tj ET Q q 0 0 0 rg BT 483.54 345.40 Td (Maricopa ) Tj ET Q q 0 0 0 rg BT 527.58 345.40 Td (County) Tj ET Q q 0 0 0 rg BT 559.26 345.40 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 332.20 Td (Arizona. ) Tj ET Q q 0 0 0 rg BT 127.08 332.20 Td ( ) Tj ET Q q 0 0 0 rg BT 129.55 332.20 Td (Y) Tj ET Q q 0 0 0 rg BT 136.39 332.20 Td (ou ) Tj ET Q q 0 0 0 rg BT 150.29 332.20 Td (and ) Tj ET Q q 0 0 0 rg BT 169.07 332.20 Td (the ) Tj ET Q q 0 0 0 rg BT 185.41 332.20 Td (Company ) Tj ET Q q 0 0 0 rg BT 231.09 332.20 Td (each ) Tj ET Q q 0 0 0 rg BT 254.14 332.20 Td (agrees ) Tj ET Q q 0 0 0 rg BT 285.13 332.20 Td (that ) Tj ET Q q 0 0 0 rg BT 304.52 332.20 Td (the ) Tj ET Q q 0 0 0 rg BT 320.86 332.20 Td (sole ) Tj ET Q q 0 0 0 rg BT 341.48 332.20 Td (and ) Tj ET Q q 0 0 0 rg BT 360.26 332.20 Td (exclusive ) Tj ET Q q 0 0 0 rg BT 404.70 332.20 Td (venue ) Tj ET Q q 0 0 0 rg BT 433.87 332.20 Td (for ) Tj ET Q q 0 0 0 rg BT 449.60 332.20 Td (any ) Tj ET Q q 0 0 0 rg BT 468.38 332.20 Td (dispute ) Tj ET Q q 0 0 0 rg BT 503.05 332.20 Td (arising ) Tj ET Q q 0 0 0 rg BT 535.89 332.20 Td (out ) Tj ET Q q 0 0 0 rg BT 552.85 332.20 Td (of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 319.00 Td (or ) Tj ET Q q 0 0 0 rg BT 98.58 319.00 Td (relating ) Tj ET Q q 0 0 0 rg BT 135.60 319.00 Td (to ) Tj ET Q q 0 0 0 rg BT 147.58 319.00 Td (this ) Tj ET Q q 0 0 0 rg BT 166.89 319.00 Td (Letter ) Tj ET Q q 0 0 0 rg BT 196.57 319.00 Td (shall ) Tj ET Q q 0 0 0 rg BT 220.77 319.00 Td (be ) Tj ET Q q 0 0 0 rg BT 234.58 319.00 Td (the ) Tj ET Q q 0 0 0 rg BT 251.44 319.00 Td (courts, ) Tj ET Q q 0 0 0 rg BT 284.49 319.00 Td (state ) Tj ET Q q 0 0 0 rg BT 308.07 319.00 Td (or ) Tj ET Q q 0 0 0 rg BT 320.65 319.00 Td (federal, ) Tj ET Q q 0 0 0 rg BT 357.35 319.00 Td (of ) Tj ET Q q 0 0 0 rg BT 369.94 319.00 Td (competent ) Tj ET Q q 0 0 0 rg BT 419.17 319.00 Td (jurisdiction ) Tj ET Q q 0 0 0 rg BT 472.70 319.00 Td (located ) Tj ET Q q 0 0 0 rg BT 507.88 319.00 Td (in ) Tj ET Q q 0 0 0 rg BT 519.86 319.00 Td (Maricopa ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 305.80 Td (County) Tj ET Q q 0 0 0 rg BT 117.68 305.80 Td (, ) Tj ET Q q 0 0 0 rg BT 122.57 305.80 Td (Arizona. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 279.40 Td (If ) Tj ET Q q 0 0 0 rg BT 96.66 279.40 Td (the ) Tj ET Q q 0 0 0 rg BT 113.43 279.40 Td (foregoing ) Tj ET Q q 0 0 0 rg BT 159.53 279.40 Td (is ) Tj ET Q q 0 0 0 rg BT 170.20 279.40 Td (acceptable ) Tj ET Q q 0 0 0 rg BT 219.94 279.40 Td (to ) Tj ET Q q 0 0 0 rg BT 231.83 279.40 Td (you, ) Tj ET Q q 0 0 0 rg BT 254.42 279.40 Td (then ) Tj ET Q q 0 0 0 rg BT 276.69 279.40 Td (please ) Tj ET Q q 0 0 0 rg BT 307.51 279.40 Td (indicate ) Tj ET Q q 0 0 0 rg BT 345.66 279.40 Td (your ) Tj ET Q q 0 0 0 rg BT 369.15 279.40 Td (agreement ) Tj ET Q q 0 0 0 rg BT 418.29 279.40 Td (to ) Tj ET Q q 0 0 0 rg BT 430.18 279.40 Td (be ) Tj ET Q q 0 0 0 rg BT 443.90 279.40 Td (bound ) Tj ET Q q 0 0 0 rg BT 474.73 279.40 Td (by ) Tj ET Q q 0 0 0 rg BT 489.07 279.40 Td (the ) Tj ET Q q 0 0 0 rg BT 505.84 279.40 Td (terms ) Tj ET Q q 0 0 0 rg BT 533.61 279.40 Td (of ) Tj ET Q q 0 0 0 rg BT 546.11 279.40 Td (this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 266.20 Td (Letter ) Tj ET Q q 0 0 0 rg BT 96.58 266.20 Td (by ) Tj ET Q q 0 0 0 rg BT 109.91 266.20 Td (executing ) Tj ET Q q 0 0 0 rg BT 155.00 266.20 Td (this ) Tj ET Q q 0 0 0 rg BT 173.21 266.20 Td (Letter ) Tj ET Q q 0 0 0 rg BT 201.80 266.20 Td (in ) Tj ET Q q 0 0 0 rg BT 212.68 266.20 Td (the ) Tj ET Q q 0 0 0 rg BT 228.45 266.20 Td (space ) Tj ET Q q 0 0 0 rg BT 255.20 266.20 Td (provided ) Tj ET Q q 0 0 0 rg BT 296.63 266.20 Td (below ) Tj ET Q q 0 0 0 rg BT 325.83 266.20 Td (and ) Tj ET Q q 0 0 0 rg BT 344.04 266.20 Td (returning ) Tj ET Q q 0 0 0 rg BT 386.69 266.20 Td (a ) Tj ET Q q 0 0 0 rg BT 393.90 266.20 Td (copy ) Tj ET Q q 0 0 0 rg BT 417.60 266.20 Td (to ) Tj ET Q q 0 0 0 rg BT 428.49 266.20 Td (me. ) Tj ET Q q 0 0 0 rg BT 447.00 266.20 Td (Upon ) Tj ET Q q 0 0 0 rg BT 473.77 266.20 Td (the ) Tj ET Q q 0 0 0 rg BT 489.53 266.20 Td (execution ) Tj ET Q q 0 0 0 rg BT 534.62 266.20 Td (of ) Tj ET Q q 0 0 0 rg BT 546.11 266.20 Td (this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 253.00 Td (Letter ) Tj ET Q q 0 0 0 rg BT 98.05 253.00 Td (by ) Tj ET Q q 0 0 0 rg BT 112.85 253.00 Td (you ) Tj ET Q q 0 0 0 rg BT 133.14 253.00 Td (and ) Tj ET Q q 0 0 0 rg BT 152.82 253.00 Td (by ) Tj ET Q q 0 0 0 rg BT 167.62 253.00 Td (me ) Tj ET Q q 0 0 0 rg BT 184.85 253.00 Td (on ) Tj ET Q q 0 0 0 rg BT 199.64 253.00 Td (behalf ) Tj ET Q q 0 0 0 rg BT 230.92 253.00 Td (of ) Tj ET Q q 0 0 0 rg BT 243.88 253.00 Td (the ) Tj ET Q q 0 0 0 rg BT 260.28 253.00 Td (Audit ) Tj ET Q q 0 0 0 rg BT 289.13 253.00 Td (Committee, ) Tj ET Q q 0 0 0 rg BT 344.56 253.00 Td (this ) Tj ET Q q 0 0 0 rg BT 364.24 253.00 Td (Letter ) Tj ET Q q 0 0 0 rg BT 394.30 253.00 Td (shall ) Tj ET Q q 0 0 0 rg BT 418.87 253.00 Td (be ) Tj ET Q q 0 0 0 rg BT 433.04 253.00 Td (binding ) Tj ET Q q 0 0 0 rg BT 470.45 253.00 Td (on ) Tj ET Q q 0 0 0 rg BT 485.25 253.00 Td (both ) Tj ET Q q 0 0 0 rg BT 508.60 253.00 Td (you ) Tj ET Q q 0 0 0 rg BT 528.89 253.00 Td (and ) Tj ET Q q 0 0 0 rg BT 548.57 253.00 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 239.80 Td (Company) Tj ET Q q 0 0 0 rg BT 110.06 239.80 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 200.20 Td (V) Tj ET Q q 0 0 0 rg BT 56.72 200.20 Td (ery ) Tj ET Q q 0 0 0 rg BT 73.52 200.20 Td (truly ) Tj ET Q q 0 0 0 rg BT 97.05 200.20 Td (yours,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 173.80 Td (CA) Tj ET Q q 0 0 0 rg BT 63.86 173.80 Td (VCO ) Tj ET Q q 0 0 0 rg BT 89.84 173.80 Td (INDUSTRIES, ) Tj ET Q q 0 0 0 rg BT 159.51 173.80 Td (INC.,) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 160.60 Td (a ) Tj ET Q q 0 0 0 rg BT 57.63 160.60 Td (Delaware ) Tj ET Q q 0 0 0 rg BT 102.52 160.60 Td (corporation) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 120.89999999999998 m 258.5 120.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 120.89999999999998 m 258.5 120.89999999999998 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 125.82 Td (/s/ ) Tj ET Q q 0 0 0 rg BT 66.04 125.82 Td (W) Tj ET Q q 0 0 0 rg BT 76.11 125.82 Td (illiam C. Boor) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 109.82 Td (W) Tj ET Q q 0 0 0 rg BT 63.16 109.82 Td (illiam C. Boor) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 93.82 Td (Chairman, ) Tj ET Q q 0 0 0 rg BT 101.57 93.82 Td (Audit Committee) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 77.82 Td (Board of Directors) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 115 0 obj <> endobj 116 0 obj <> stream BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 741.40 Td (AGREED ) Tj ET Q q 0 0 0 rg BT 97.16 741.40 Td (T) Tj ET Q q 0 0 0 rg BT 103.68 741.40 Td (O ) Tj ET Q q 0 0 0 rg BT 113.77 741.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 139.74 741.40 Td (ACCEPTED ) Tj ET Q q 0 0 0 rg BT 198.72 741.40 Td (AS ) Tj ET Q q 0 0 0 rg BT 215.53 741.40 Td (OF) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (THIS ) Tj ET Q q 0 0 0 rg BT 77.19 728.20 Td (8TH ) Tj ET Q q 0 0 0 rg BT 100.11 728.20 Td (DA) Tj ET Q q 0 0 0 rg BT 114.98 728.20 Td (Y) Tj ET Q q 0 0 0 rg BT 122.52 728.20 Td ( ) Tj ET Q q 0 0 0 rg BT 125.27 728.20 Td (OF ) Tj ET Q q 0 0 0 rg BT 142.08 728.20 Td (NOVEMBER, ) Tj ET Q q 0 0 0 rg BT 209.31 728.20 Td (2018) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 688.5 m 258.5 688.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 688.5 m 258.5 688.5 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 693.42 Td (/s/ Daniel L. Urness) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 677.42 Td (Daniel L. Urness) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 117 0 obj <> endobj 118 0 obj <> stream BT /F2 11.00 Tf ET q 0 0 0 rg BT 505.15 741.60 Td (Exhibit 10.3) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 63.40 716.40 Td (Indemnification ) Tj ET Q q 0 0 0 rg BT 140.72 716.40 Td (Agr) Tj ET Q q 0 0 0 rg BT 158.84 716.40 Td (eement, dated as of November) Tj ET Q q 0 0 0 rg BT 300.08 716.40 Td ( 8, 2018, by and between Daniel L. Urness and Cavco ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 270.35 703.20 Td (Industries, Inc.) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 216.8 676.278564453125 m 395.26240234375 676.278564453125 l s q 0 0 0 rg BT 216.80 678.00 Td (INDEMNIFICA) Tj ET Q q 0 0 0 rg BT 292.98 678.00 Td (TION ) Tj ET Q q 0 0 0 rg BT 323.24 678.00 Td (AGREEMENT) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 652.80 Td (This INDEMNIFICA) Tj ET Q q 0 0 0 rg BT 180.81 652.80 Td (TION ) Tj ET Q q 0 0 0 rg BT 209.22 652.80 Td (AGREEMENT) Tj ET Q q 0 0 0 rg BT 276.85 652.80 Td ( \(the ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 304.33056640625 651.33369140625 m 353.19677734375 651.33369140625 l s q 0 0 0 rg BT 304.33 652.80 Td (Agreement) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 353.20 652.80 Td (\) is made and entered into as of the 8) Tj ET Q BT /F1 11.00 Tf ET BT /F1 7.15 Tf ET q 0 0 0 rg BT 520.28 657.78 Td (th) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 525.84 652.80 Td ( day of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 639.60 Td (November) Tj ET Q q 0 0 0 rg BT 95.99 639.60 Td (, 2018 by and between Cavco Industries, Inc., a Delaware corporation \(the ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 430.75146484375 638.13369140625 m 473.52685546875 638.13369140625 l s q 0 0 0 rg BT 430.75 639.60 Td (Company) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 473.53 639.60 Td (\), and Daniel L. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 626.40 Td (Urness, the Company) Tj ET Q q 0 0 0 rg BT 148.07 626.40 Td (s President and ) Tj ET Q q 0 0 0 rg BT 216.82 626.40 Td (Acting Chief Executive Of) Tj ET Q q 0 0 0 rg BT 334.83 626.40 Td (ficer \(the ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 382.4599609375 624.93369140625 m 414.01513671875 624.93369140625 l s q 0 0 0 rg BT 382.46 626.40 Td (Of) Tj ET Q q 0 0 0 rg BT 393.87 626.40 Td (ficer) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 414.02 626.40 Td (\).) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 278.25 599.478564453125 m 333.67431640625 599.478564453125 l s q 0 0 0 rg BT 278.25 601.20 Td (RECIT) Tj ET Q q 0 0 0 rg BT 312.28 601.20 Td (ALS) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 576.00 Td (A. ) Tj ET Q q 0 0 0 rg BT 122.00 576.00 Td (The Board of Directors of the Company has determined that it is in the best interests of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 562.80 Td (Company to retain the Of) Tj ET Q q 0 0 0 rg BT 162.22 562.80 Td (ficer) Tj ET Q q 0 0 0 rg BT 182.77 562.80 Td () Tj ET Q q 0 0 0 rg BT 185.83 562.80 Td (s services and to assure the Of) Tj ET Q q 0 0 0 rg BT 318.81 562.80 Td (ficer that there will be adequate protection from certain ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 549.60 Td (liabilities.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 524.40 Td (B. ) Tj ET Q q 0 0 0 rg BT 122.00 524.40 Td (This ) Tj ET Q q 0 0 0 rg BT 143.70 524.40 Td (Agreement is separate from and in addition to the Restated Certificate of Incorporation of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 511.20 Td (Company \(the ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 120.25927734375 509.73369140625 m 158.12548828125 509.73369140625 l s q 0 0 0 rg BT 120.26 511.20 Td (Charter) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 158.13 511.20 Td (\) and the ) Tj ET Q q 0 0 0 rg BT 198.75 511.20 Td (Amended and Restated Bylaws of the Company \(the ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 437.63720703125 509.73369140625 m 470.63720703125 509.73369140625 l s q 0 0 0 rg BT 437.64 511.20 Td (Bylaws) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 470.64 511.20 Td (\) and any ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 498.00 Td (resolutions adopted pursuant thereto, and shall not be deemed a substitute therefore, nor to diminish or abrogate any ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 484.80 Td (rights of the Of) Tj ET Q q 0 0 0 rg BT 117.32 484.80 Td (ficer thereunder) Tj ET Q q 0 0 0 rg BT 186.64 484.80 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 459.60 Td (C. ) Tj ET Q q 0 0 0 rg BT 122.00 459.60 Td (Each of Section 145 of the General Corporation Law of the State of Delaware \(the ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 491.8857421875 458.13369140625 m 521.82958984375 458.13369140625 l s q 0 0 0 rg BT 491.89 459.60 Td (DGCL) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 521.83 459.60 Td (\), the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 446.40 Td (Charter and the Bylaws is nonexclusive, and therefore contemplates that contracts may be entered into with respect ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 433.20 Td (to indemnification of directors, of) Tj ET Q q 0 0 0 rg BT 198.56 433.20 Td (ficers and employees.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 408.00 Td (D. ) Tj ET Q q 0 0 0 rg BT 122.00 408.00 Td (This ) Tj ET Q q 0 0 0 rg BT 143.70 408.00 Td (Agreement replaces and supersedes any prior agreement between the Company and the Of) Tj ET Q q 0 0 0 rg BT 541.79 408.00 Td (ficer ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 394.80 Td (relating to the indemnification of the Of) Tj ET Q q 0 0 0 rg BT 225.75 394.80 Td (ficer) Tj ET Q q 0 0 0 rg BT 245.29 394.80 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 369.60 Td (E. ) Tj ET Q q 0 0 0 rg BT 122.00 369.60 Td (In recognition of the Of) Tj ET Q q 0 0 0 rg BT 226.27 369.60 Td (ficer) Tj ET Q q 0 0 0 rg BT 246.82 369.60 Td () Tj ET Q q 0 0 0 rg BT 249.88 369.60 Td (s need for protection against personal liability) Tj ET Q q 0 0 0 rg BT 450.78 369.60 Td (, and in part to provide ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 356.40 Td (the Of) Tj ET Q q 0 0 0 rg BT 77.60 356.40 Td (ficer with specific contractual assurance that indemnification will be available to the Of) Tj ET Q q 0 0 0 rg BT 462.85 356.40 Td (ficer \(regardless of, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 343.20 Td (among other things, any amendment to or revocation of the Charter) Tj ET Q q 0 0 0 rg BT 346.17 343.20 Td (, the Bylaws, or acquisition transaction relating ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 330.00 Td (to the Company\), the Company wishes to provide in this ) Tj ET Q q 0 0 0 rg BT 300.84 330.00 Td (Agreement for the indemnification of, and the advancing ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 316.80 Td (of expenses to, the Of) Tj ET Q q 0 0 0 rg BT 146.02 316.80 Td (ficer as set forth in this ) Tj ET Q q 0 0 0 rg BT 249.28 316.80 Td (Agreement.) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 270 289.878564453125 m 342.01806640625 289.878564453125 l s q 0 0 0 rg BT 270.00 291.60 Td (AGREEMENT) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 85.00 266.40 Td (NOW) Tj ET Q q 0 0 0 rg BT 110.26 266.40 Td (, ) Tj ET Q q 0 0 0 rg BT 115.56 266.40 Td (THEREFORE, in consideration of the foregoing premises and the mutual agreements herein ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 253.20 Td (contained, the receipt and suf) Tj ET Q q 0 0 0 rg BT 179.00 253.20 Td (ficiency of which are hereby acknowledged, the Company and the Of) Tj ET Q q 0 0 0 rg BT 484.54 253.20 Td (ficer agree as ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 240.00 Td (follows:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 89.00 214.80 Td (1. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 122 213.33369140624995 m 171.49462890625 213.33369140624995 l s q 0 0 0 rg BT 122.00 214.80 Td (Definitions) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 171.49 214.80 Td (. ) Tj ET Q q 0 0 0 rg BT 176.39 214.80 Td (As used in this ) Tj ET Q q 0 0 0 rg BT 243.62 214.80 Td (Agreement:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 189.60 Td (\(a\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 158.00 189.60 Td (Af) Tj ET Q q 0 0 0 rg BT 174.29 189.60 Td (filiate means, with respect to any person or entity) Tj ET Q q 0 0 0 rg BT 395.64 189.60 Td (, any other person or entity that ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 176.40 Td (directly) Tj ET Q q 0 0 0 rg BT 119.88 176.40 Td (, or indirectly through one or more intermediaries, controls, or is controlled by) Tj ET Q q 0 0 0 rg BT 464.05 176.40 Td (, or is under common ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 163.20 Td (control with, such person.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 138.00 Td (\(b\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 158.00 138.00 Td (Change of Control means the occurrence after the date of this ) Tj ET Q q 0 0 0 rg BT 440.52 138.00 Td (Agreement any of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 124.80 Td (following events: \(a\) an event required to be reported in response to Item 6\(e\) of Schedule 14A) Tj ET Q q 0 0 0 rg BT 504.87 124.80 Td ( of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 111.60 Td (Regulation 14A) Tj ET Q q 0 0 0 rg BT 156.36 111.60 Td ( \(or in response to any similar item or any similar schedule or form\) promulgated under the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 98.40 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 132.51 98.40 Td (Act, whether or not the Company is then subject to such reporting requirement; \(b\) any ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 85.20 Td (person \(as such term is used in Sections 13\(d\) and 14\(d\) of the Exchange ) Tj ET Q q 0 0 0 rg BT 419.96 85.20 Td (Act\) shall become the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 72.00 Td (beneficial owner \(as defined in Rule 13d-3 under the Exchange ) Tj ET Q q 0 0 0 rg BT 377.16 72.00 Td (Act\), directly or indirectly) Tj ET Q q 0 0 0 rg BT 491.91 72.00 Td (, of securities ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 58.80 Td (of the Company representing 50% or more of the combined voting power of the then outstanding voting ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 45.60 Td (securities of the Company without prior approval of at least two-thirds of the members of the Board of ) Tj ET Q endstream endobj 119 0 obj <> endobj 120 0 obj <> stream BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 741.40 Td (Directors in of) Tj ET Q q 0 0 0 rg BT 150.95 741.40 Td (fice immediately prior to such person) Tj ET Q q 0 0 0 rg BT 318.65 741.40 Td (s attaining such percentage interest; \(c\) the Company ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 728.20 Td (is a party to a mer) Tj ET Q q 0 0 0 rg BT 165.91 728.20 Td (ger) Tj ET Q q 0 0 0 rg BT 179.52 728.20 Td (, consolidation, sale of assets or other reor) Tj ET Q q 0 0 0 rg BT 364.74 728.20 Td (ganization, or a proxy contest, as a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 715.00 Td (consequence of which members of the Board of Directors in of) Tj ET Q q 0 0 0 rg BT 364.15 715.00 Td (fice immediately prior to such transaction or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 701.80 Td (event constitute less than a majority of the Board of Directors thereafter; or \(d\) during any period of two ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 688.60 Td (consecutive years, individuals who at the beginning of such period constituted the Board of Directors ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 675.40 Td (\(including, for this purpose, any new director whose election or nomination for election by the Company) Tj ET Q q 0 0 0 rg BT 551.02 675.40 Td (s ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 662.20 Td (stockholders was approved by a vote of at least two-thirds of the directors then still in of) Tj ET Q q 0 0 0 rg BT 475.99 662.20 Td (fice who were ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 649.00 Td (directors at the beginning of such period\) cease for any reason to constitute at least a majority of the Board ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 635.80 Td (of Directors.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 610.60 Td (\(c\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 158.00 610.60 Td (Corporate Status describes the status of a person who is or was or has agreed to serve as ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 597.40 Td (a director) Tj ET Q q 0 0 0 rg BT 128.40 597.40 Td (, of) Tj ET Q q 0 0 0 rg BT 142.86 597.40 Td (ficer) Tj ET Q q 0 0 0 rg BT 162.57 597.40 Td (, employee, fiduciary or agent of the Company or of any other corporation, partnership, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 584.20 Td (limited liability company) Tj ET Q q 0 0 0 rg BT 197.49 584.20 Td (, joint venture, trust, employee benefit plan or other enterprise in which such ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 571.00 Td (person is or was serving in such capacity at the request of the Company) Tj ET Q q 0 0 0 rg BT 401.23 571.00 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 545.80 Td (\(d\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 158.00 545.80 Td (Expenses includes any reasonable costs incurred by an Of) Tj ET Q q 0 0 0 rg BT 422.32 545.80 Td (ficer) Tj ET Q q 0 0 0 rg BT 442.02 545.80 Td (, including attorneys) Tj ET Q q 0 0 0 rg BT 534.99 545.80 Td ( fees, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 532.60 Td (retainers, court costs, transcript costs, fees of experts, witness fees, travel expenses, duplicating costs, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 519.40 Td (printing and binding costs, telephone char) Tj ET Q q 0 0 0 rg BT 271.31 519.40 Td (ges, postage, delivery service fees and all other disbursements or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 506.20 Td (expenses of the type customarily incurred in connection with prosecuting, defending, preparing to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 493.00 Td (prosecute or defend, investigating or being or preparing to be a witness in a Proceeding.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 467.80 Td (\(e\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 158.00 467.80 Td (Independent Counsel means a law firm, or a member of a law firm, that is experienced in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 454.60 Td (matters of Delaware corporate law) Tj ET Q q 0 0 0 rg BT 238.37 454.60 Td (, and neither presently is, nor in the five years prior to his or her selection ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 441.40 Td (or appointment has been, retained to represent: \(a\) the Company or the Of) Tj ET Q q 0 0 0 rg BT 412.11 441.40 Td (ficer in any matter material to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 428.20 Td (either such party) Tj ET Q q 0 0 0 rg BT 159.59 428.20 Td (, \(b\) any other party to the Proceeding giving rise to a claim for indemnification hereunder) Tj ET Q q 0 0 0 rg BT 556.69 428.20 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 403.00 Td (\(f\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 158.00 403.00 Td (Proceeding includes any action, suit, arbitration, alternate dispute resolution mechanism, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 389.80 Td (investigation, administrative hearing or any other proceeding, whether civil, criminal, administrative or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 376.60 Td (investigative, except one initiated by the Of) Tj ET Q q 0 0 0 rg BT 278.94 376.60 Td (ficer pursuant to ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 353.771484375 375.13369140625 m 407.84228515625 375.13369140625 l s q 0 0 0 rg BT 353.77 376.60 Td (Section 4\(b\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 407.84 376.60 Td ( to enforce his rights under this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 363.40 Td (Agreement.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 338.20 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 338.20 Td (2. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 122 336.73369140625 m 223.20458984375 336.73369140625 l s q 0 0 0 rg BT 122.00 338.20 Td (Services by the Of) Tj ET Q q 0 0 0 rg BT 203.36 338.20 Td (ficer) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 222.90 338.20 Td (. ) Tj ET Q q 0 0 0 rg BT 228.20 338.20 Td (The Of) Tj ET Q q 0 0 0 rg BT 259.46 338.20 Td (ficer has agreed to serve as an of) Tj ET Q q 0 0 0 rg BT 403.11 338.20 Td (ficer of the Company) Tj ET Q q 0 0 0 rg BT 496.17 338.20 Td (, provided that ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 325.00 Td (the Of) Tj ET Q q 0 0 0 rg BT 77.60 325.00 Td (ficer may resign at any time and for any reason from such position by giving written notice of his resignation ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 311.80 Td (to the Board of Directors. ) Tj ET Q q 0 0 0 rg BT 168.02 311.80 Td (This ) Tj ET Q q 0 0 0 rg BT 189.72 311.80 Td (Agreement shall not be deemed an employment contract between the Company \(or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 298.60 Td (any of its ) Tj ET Q q 0 0 0 rg BT 93.08 298.60 Td (Af) Tj ET Q q 0 0 0 rg BT 104.49 298.60 Td (filiates\) and the Of) Tj ET Q q 0 0 0 rg BT 187.06 298.60 Td (ficer) Tj ET Q q 0 0 0 rg BT 206.60 298.60 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 273.40 Td (3. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 122 271.93369140625 m 279.61474609375 271.93369140625 l s q 0 0 0 rg BT 122.00 273.40 Td (Basic Indemnification ) Tj ET Q q 0 0 0 rg BT 221.59 273.40 Td (Arrangement) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 279.61 273.40 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 248.20 Td (\(a\) ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 158 246.73369140625005 m 202.8564453125 246.73369140625005 l s q 0 0 0 rg BT 158.00 248.20 Td (Indemnity) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 202.50 248.20 Td (. If the Of) Tj ET Q q 0 0 0 rg BT 248.42 248.20 Td (ficer was, is or becomes a party to or witness or other participant in, or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 235.00 Td (is threatened to be made a party to or witness or other participant in, any Proceeding \(defined above\) by ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 221.80 Td (reason of his Corporate Status \(defined above\), the Company shall indemnify the Of) Tj ET Q q 0 0 0 rg BT 457.96 221.80 Td (ficer \(i\) as provided in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 208.60 Td (this ) Tj ET Q q 0 0 0 rg BT 105.04 208.60 Td (Agreement and \(ii\) to the fullest extent permitted by applicable law in ef) Tj ET Q q 0 0 0 rg BT 423.72 208.60 Td (fect on the date hereof and to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 195.40 Td (such greater extent as applicable law may thereafter permit, as soon as practicable but in any event no later ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 182.20 Td (than thirty days after written demand is presented to the Company) Tj ET Q q 0 0 0 rg BT 377.10 182.20 Td (, against any and all Expenses \(defined ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 169.00 Td (above\), judgments, fines, penalties and amounts paid in settlement \(including all interest, assessments and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 155.80 Td (other char) Tj ET Q q 0 0 0 rg BT 131.08 155.80 Td (ges actually incurred and paid or payable in connection with or in respect of such Expenses, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 142.60 Td (judgments, fines, penalties or amounts paid in settlement\) of such Proceeding.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 117.40 Td (\(b\) ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 158 115.93369140624998 m 275.2939453125 115.93369140624998 l s q 0 0 0 rg BT 158.00 117.40 Td (Advancement of Expenses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 275.29 117.40 Td (. ) Tj ET Q q 0 0 0 rg BT 280.60 117.40 Td (T) Tj ET Q q 0 0 0 rg BT 286.55 117.40 Td (o the fullest extent permitted by 145\(e\) of the DGCL, the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 104.20 Td (Of) Tj ET Q q 0 0 0 rg BT 98.41 104.20 Td (ficer shall be entitled to payment of, and the Company shall pay) Tj ET Q q 0 0 0 rg BT 379.34 104.20 Td (, Expenses in advance of the final ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 91.00 Td (disposition of any Proceeding \(an ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 242.4931640625 89.53369140625 m 320.99169921875 89.53369140625 l s q 0 0 0 rg BT 242.49 91.00 Td (Expense ) Tj ET Q q 0 0 0 rg BT 281.90 91.00 Td (Advance) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 320.99 91.00 Td (\) within ten days after receipt by the Company of a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 77.80 Td (written notice requesting the advancement of such Expenses and satisfactory evidence as to the amount of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 64.60 Td (such Expenses, which notice shall contain an undertaking by or on behalf of the Of) Tj ET Q q 0 0 0 rg BT 452.45 64.60 Td (ficer to repay such ) Tj ET Q endstream endobj 121 0 obj <> endobj 122 0 obj <> stream BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 741.40 Td (amount if it shall ultimately be determined that the Of) Tj ET Q q 0 0 0 rg BT 324.16 741.40 Td (ficer is not entitled to be indemnified by the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 728.20 Td (Company as authorized by 145 of the DGCL.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 703.00 Td (\(c\) ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 158 701.53369140625 m 206.2861328125 701.53369140625 l s q 0 0 0 rg BT 158.00 703.00 Td (Conditions) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 206.29 703.00 Td (. Notwithstanding the foregoing, \(i\) the obligations of the Company under ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 87 688.33369140625 m 140.453125 688.33369140625 l s q 0 0 0 rg BT 87.00 689.80 Td (Section 3\(a\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 140.45 689.80 Td ( shall be subject to the condition that it shall not have been determined \(in a written opinion in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 676.60 Td (any case in which Independent Counsel is involved\) that the Of) Tj ET Q q 0 0 0 rg BT 366.01 676.60 Td (ficer would not be permitted to be ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 663.40 Td (indemnified under applicable law) Tj ET Q q 0 0 0 rg BT 233.81 663.40 Td (, and \(ii\) the obligation of the Company to make an Expense ) Tj ET Q q 0 0 0 rg BT 501.72 663.40 Td (Advance ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 650.20 Td (pursuant to ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 138.9384765625 648.73369140625 m 200.953125 648.73369140625 l s q 0 0 0 rg BT 138.94 650.20 Td (subsection \(b\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 200.95 650.20 Td ( hereof shall be subject to the condition that, if, when and to the extent that it is ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 637.00 Td (determined that the Of) Tj ET Q q 0 0 0 rg BT 186.07 637.00 Td (ficer would not be permitted to be so indemnified under applicable law) Tj ET Q q 0 0 0 rg BT 497.84 637.00 Td (, the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 623.80 Td (Company shall be entitled to be reimbursed by the Of) Tj ET Q q 0 0 0 rg BT 322.94 623.80 Td (ficer \(who hereby agrees to reimburse the Company\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 610.60 Td (for all such amounts theretofore paid. Further) Tj ET Q q 0 0 0 rg BT 286.64 610.60 Td (, and subject to the provisions of ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 432.6728515625 609.13369140625 m 486.1259765625 609.13369140625 l s q 0 0 0 rg BT 432.67 610.60 Td (Section 4\(e\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 486.13 610.60 Td (, the Of) Tj ET Q q 0 0 0 rg BT 519.22 610.60 Td (ficer ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 597.40 Td (shall not be entitled to indemnification or advancement of Expenses under this ) Tj ET Q q 0 0 0 rg BT 434.63 597.40 Td (Agreement \(i\) with respect ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 584.20 Td (to any Proceeding brought or made by such Of) Tj ET Q q 0 0 0 rg BT 292.70 584.20 Td (ficer against the Company; or \(ii\) on account of any suit in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 571.00 Td (which judgment is rendered against the Of) Tj ET Q q 0 0 0 rg BT 273.75 571.00 Td (ficer for an accounting of profits made from the purchase and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 557.80 Td (sale or sale and purchase by the Of) Tj ET Q q 0 0 0 rg BT 240.44 557.80 Td (ficer of securities of the Company pursuant to the provisions of Section ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 544.60 Td (16\(b\) of the Exchange ) Tj ET Q q 0 0 0 rg BT 187.19 544.60 Td (Act or similar provisions of any federal, state or local statutory law) Tj ET Q q 0 0 0 rg BT 481.56 544.60 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 519.40 Td (4. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113.5 517.93369140625 m 394.5263671875 517.93369140625 l s q 0 0 0 rg BT 113.50 519.40 Td (Procedures for Determination of Entitlement to Indemnification) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 394.53 519.40 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 494.20 Td (\(a\) ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 158 492.73369140625 m 317.92431640625 492.73369140625 l s q 0 0 0 rg BT 158.00 494.20 Td (W) Tj ET Q q 0 0 0 rg BT 167.94 494.20 Td (ritten Request for Indemnification) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 317.92 494.20 Td (. ) Tj ET Q q 0 0 0 rg BT 323.23 494.20 Td (T) Tj ET Q q 0 0 0 rg BT 329.18 494.20 Td (o obtain indemnification under this ) Tj ET Q q 0 0 0 rg BT 485.90 494.20 Td (Agreement, the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 481.00 Td (Of) Tj ET Q q 0 0 0 rg BT 98.41 481.00 Td (ficer shall submit to the Company a written request, including therein or therewith such documentation ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 467.80 Td (and information as is reasonably available to the Of) Tj ET Q q 0 0 0 rg BT 314.06 467.80 Td (ficer and is reasonably necessary to determine whether ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 454.60 Td (and to what extent the Of) Tj ET Q q 0 0 0 rg BT 198.29 454.60 Td (ficer is entitled to indemnification. ) Tj ET Q q 0 0 0 rg BT 353.27 454.60 Td (The Secretary of the Company shall, promptly ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 441.40 Td (upon receipt of such a request for indemnification, advise the Board of Directors of the Company in writing ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 428.20 Td (that the Of) Tj ET Q q 0 0 0 rg BT 133.84 428.20 Td (ficer has requested indemnification. ) Tj ET Q q 0 0 0 rg BT 296.75 428.20 Td (The Of) Tj ET Q q 0 0 0 rg BT 328.01 428.20 Td (ficer shall cooperate with the party reviewing the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 415.00 Td (Of) Tj ET Q q 0 0 0 rg BT 98.41 415.00 Td (ficer) Tj ET Q q 0 0 0 rg BT 118.96 415.00 Td () Tj ET Q q 0 0 0 rg BT 122.02 415.00 Td (s entitlement to indemnification, including providing to said party upon reasonable advance request ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 401.80 Td (any documentation or information that is not privileged or otherwise protected from disclosure and that is ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 388.60 Td (reasonably available to the Of) Tj ET Q q 0 0 0 rg BT 218.75 388.60 Td (ficer and reasonably necessary to such determination. ) Tj ET Q q 0 0 0 rg BT 459.54 388.60 Td (The Company shall ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 375.40 Td (pay any costs or expenses \(including attorneys) Tj ET Q q 0 0 0 rg BT 294.52 375.40 Td ( fees and disbursements\) incurred by the Of) Tj ET Q q 0 0 0 rg BT 486.45 375.40 Td (ficer in so ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 362.20 Td (cooperating \(irrespective of the determination as to the Of) Tj ET Q q 0 0 0 rg BT 342.15 362.20 Td (ficer) Tj ET Q q 0 0 0 rg BT 362.70 362.20 Td () Tj ET Q q 0 0 0 rg BT 365.76 362.20 Td (s entitlement to indemnification\) and the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 349.00 Td (Company hereby indemnifies and agrees to hold the Of) Tj ET Q q 0 0 0 rg BT 330.57 349.00 Td (ficer harmless therefrom.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 323.80 Td (\(b\) ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 158 322.33369140625 m 480.29248046875 322.33369140625 l s q 0 0 0 rg BT 158.00 323.80 Td (Determining Entitlement to Indemnification Prior to a Change of Control) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 480.29 323.80 Td (. If a Change of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 310.60 Td (Control has not occurred prior to or at the time a request for indemnification hereunder is submitted to the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 297.40 Td (Company) Tj ET Q q 0 0 0 rg BT 129.06 297.40 Td (, a Of) Tj ET Q q 0 0 0 rg BT 153.60 297.40 Td (ficer) Tj ET Q q 0 0 0 rg BT 174.16 297.40 Td () Tj ET Q q 0 0 0 rg BT 177.21 297.40 Td (s entitlement to indemnification shall be determined in accordance with 145\(d\) of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 284.20 Td (DGCL; provided, however) Tj ET Q q 0 0 0 rg BT 204.78 284.20 Td (, that the provision of said statute allowing the stockholders of the Company to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 271.00 Td (make such a determination shall not apply) Tj ET Q q 0 0 0 rg BT 272.01 271.00 Td (. If entitlement to indemnification is to be determined by ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 257.80 Td (Independent Counsel, the Company shall furnish notice to the Of) Tj ET Q q 0 0 0 rg BT 373.35 257.80 Td (ficer within ten days after receipt of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 244.60 Td (request for indemnification, specifying the identity and address of Independent Counsel. ) Tj ET Q q 0 0 0 rg BT 478.11 244.60 Td (The Of) Tj ET Q q 0 0 0 rg BT 509.37 244.60 Td (ficer may) Tj ET Q q 0 0 0 rg BT 550.49 244.60 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 231.40 Td (within 14 days after receipt of such written notice of selection, deliver to the Company a written objection ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 218.20 Td (to such selection. Such objection may be asserted only on the ground that the Independent Counsel so ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 205.00 Td (selected does not meet the requirements of Independent Counsel and the objection shall set forth with ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 191.80 Td (particularity the factual basis of such assertion. If there is an objection to the selection of Independent ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 178.60 Td (Counsel, either the Company or the Of) Tj ET Q q 0 0 0 rg BT 257.57 178.60 Td (ficer may petition the Court of Chancery of the State of Delaware or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 165.40 Td (any other court of competent jurisdiction for a determination that the objection is without a reasonable basis ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 152.20 Td (or for the appointment of Independent Counsel selected by the court.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 127.00 Td (\(c\) ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 158 125.53369140625 m 469.587890625 125.53369140625 l s q 0 0 0 rg BT 158.00 127.00 Td (Determining Entitlement to Indemnification ) Tj ET Q q 0 0 0 rg BT 354.12 127.00 Td (After a Change of Control) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 469.59 127.00 Td (. If a Change of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 113.80 Td (Control has occurred prior to or at the time a request for indemnification hereunder is submitted to the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 100.60 Td (Company) Tj ET Q q 0 0 0 rg BT 129.06 100.60 Td (, an Of) Tj ET Q q 0 0 0 rg BT 159.10 100.60 Td (ficer) Tj ET Q q 0 0 0 rg BT 179.66 100.60 Td () Tj ET Q q 0 0 0 rg BT 182.71 100.60 Td (s entitlement to indemnification shall be determined in a written opinion of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 87.40 Td (Independent Counsel selected by the Of) Tj ET Q q 0 0 0 rg BT 262.44 87.40 Td (ficer) Tj ET Q q 0 0 0 rg BT 281.98 87.40 Td (. ) Tj ET Q q 0 0 0 rg BT 290.03 87.40 Td (The Of) Tj ET Q q 0 0 0 rg BT 321.29 87.40 Td (ficer shall give the Company written notice advising ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 74.20 Td (of the identity and address of the Independent Counsel so selected. ) Tj ET Q q 0 0 0 rg BT 385.86 74.20 Td (The Company may) Tj ET Q q 0 0 0 rg BT 469.46 74.20 Td (, within seven days ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 61.00 Td (after receipt of such written notice of selection, deliver to the Of) Tj ET Q q 0 0 0 rg BT 369.63 61.00 Td (ficer a written objection to such selection. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 47.80 Td (The Of) Tj ET Q q 0 0 0 rg BT 118.26 47.80 Td (ficer may) Tj ET Q q 0 0 0 rg BT 159.38 47.80 Td (, within five days after the receipt of such objection from the Company) Tj ET Q q 0 0 0 rg BT 471.16 47.80 Td (, submit the name of ) Tj ET Q endstream endobj 123 0 obj <> endobj 124 0 obj <> stream BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 741.40 Td (another Independent Counsel and the Company may) Tj ET Q q 0 0 0 rg BT 317.23 741.40 Td (, within seven days after receipt of such written notice ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 728.20 Td (of selection, deliver to the Of) Tj ET Q q 0 0 0 rg BT 215.70 728.20 Td (ficer a written objection to such selection. ) Tj ET Q q 0 0 0 rg BT 402.03 728.20 Td (Any objections referred to in this ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 87 713.53369140625 m 140.453125 713.53369140625 l s q 0 0 0 rg BT 87.00 715.00 Td (Section 4\(c\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 140.45 715.00 Td ( may be asserted only on the ground that the Independent Counsel so selected does not meet the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 701.80 Td (requirements of Independent Counsel and the objection shall set forth with particularity the factual basis of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 688.60 Td (such assertion. ) Tj ET Q q 0 0 0 rg BT 157.07 688.60 Td (The Of) Tj ET Q q 0 0 0 rg BT 188.33 688.60 Td (ficer may petition the Court of Chancery of the State of Delaware or any other court ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 675.40 Td (second selection of Independent Counsel is without a reasonable basis or for the appointment as ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 662.20 Td (Independent Counsel of a person selected by the court.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 637.00 Td (\(d\) ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 158 635.53369140625 m 307.380859375 635.53369140625 l s q 0 0 0 rg BT 158.00 637.00 Td (Expenses of Independent Counsel) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 307.38 637.00 Td (. ) Tj ET Q q 0 0 0 rg BT 312.68 637.00 Td (The Company shall pay any and all reasonable fees and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 623.80 Td (expenses of Independent Counsel incurred acting pursuant to this ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 376.8994140625 622.33369140625 m 418.14404296875 622.33369140625 l s q 0 0 0 rg BT 376.90 623.80 Td (Section 4) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 418.14 623.80 Td ( and in any proceeding to which ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 610.60 Td (it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 597.40 Td (expenses incident to the procedures in which such Independent Counsel was selected or appointed. No ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 584.20 Td (Independent Counsel may serve if a timely objection has been made to his or her selection until the Court ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 571.00 Td (of Chancery of the State of Delaware or other court of competent jurisdiction has determined that such ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 557.80 Td (objection is without a reasonable basis.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 532.60 Td (\(e\) ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 158 531.13369140625 m 221.76025390625 531.13369140625 l s q 0 0 0 rg BT 158.00 532.60 Td (T) Tj ET Q q 0 0 0 rg BT 164.33 532.60 Td (rial De Novo) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 221.76 532.60 Td (. In the event that \(a\) a determination is made pursuant to ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 478.955078125 531.13369140625 m 533.02587890625 531.13369140625 l s q 0 0 0 rg BT 478.96 532.60 Td (Section 4\(b\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 533.03 532.60 Td ( or ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 87 517.93369140625 m 104.70849609375 517.93369140625 l s q 0 0 0 rg BT 87.00 519.40 Td (4\(c\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 104.71 519.40 Td ( that a Of) Tj ET Q q 0 0 0 rg BT 145.74 519.40 Td (ficer is not entitled to indemnification under this ) Tj ET Q q 0 0 0 rg BT 360.81 519.40 Td (Agreement, \(b\) advancement of Expenses is ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 506.20 Td (not timely made pursuant to ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 213.17236328125 504.73369140625 m 267.2431640625 504.73369140625 l s q 0 0 0 rg BT 213.17 506.20 Td (Section 3\(b\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 267.24 506.20 Td (, \(c\) Independent Counsel has not made and delivered a written ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 493.00 Td (opinion determining a request for indemnification \(i\) within 90 days after being appointed by the Court of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 479.80 Td (Chancery of the State of Delaware or other court of competent jurisdiction, \(ii\) within 90 days after ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 466.60 Td (objections to his or her selection have been overruled by the Court of Chancery of the State of Delaware or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 453.40 Td (other court of competent jurisdiction or \(iii\) within 90 days after the time for the Company or the Of) Tj ET Q q 0 0 0 rg BT 527.91 453.40 Td (ficer to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 440.20 Td (object to his or her selection or \(d\) payment of indemnification is not made within five days after a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 427.00 Td (determination of entitlement to indemnification has been made or deemed to have been made pursuant to ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 87 412.33369140625 m 141.07080078125 412.33369140625 l s q 0 0 0 rg BT 87.00 413.80 Td (Section 4\(b\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 141.07 413.80 Td ( or ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 155.73388671875 412.33369140625 m 173.4423828125 412.33369140625 l s q 0 0 0 rg BT 155.73 413.80 Td (4\(c\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 173.44 413.80 Td ( or ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 188.10546875 412.33369140625 m 229.35009765625 412.33369140625 l s q 0 0 0 rg BT 188.11 413.80 Td (Section 6) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 229.35 413.80 Td (, the Of) Tj ET Q q 0 0 0 rg BT 262.45 413.80 Td (ficer shall be entitled to an adjudication in an appropriate court in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 400.60 Td (the State of Delaware or in any other court of competent jurisdiction of his or her entitlement to such ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 387.40 Td (indemnification or advancement of Expenses. In the event that a determination shall have been made that ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 374.20 Td (the Of) Tj ET Q q 0 0 0 rg BT 114.60 374.20 Td (ficer is not entitled to indemnification, any judicial proceeding or arbitration commenced pursuant to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 361.00 Td (this ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 105.64306640625 359.53369140625 m 159.09619140625 359.53369140625 l s q 0 0 0 rg BT 105.64 361.00 Td (Section 4\(e\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 159.10 361.00 Td ( shall be conducted in all respects as a de novo trial on the merits, and the Of) Tj ET Q q 0 0 0 rg BT 496.74 361.00 Td (ficer shall not ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 347.80 Td (be prejudiced by reason of that adverse determination. If a Change of Control shall have occurred, in any ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 334.60 Td (judicial proceeding commenced pursuant to this ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 300.82861328125 333.13369140625 m 354.28173828125 333.13369140625 l s q 0 0 0 rg BT 300.83 334.60 Td (Section 4\(e\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.28 334.60 Td (, the Company shall have the burden of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 321.40 Td (proving that the Of) Tj ET Q q 0 0 0 rg BT 170.81 321.40 Td (ficer is not entitled to indemnification or advancement of Expenses, as the case may be. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 308.20 Td (If a determination shall have been made or deemed to have been made that the Of) Tj ET Q q 0 0 0 rg BT 446.29 308.20 Td (ficer is entitled to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 295.00 Td (indemnification, the Company shall be bound by such determination in any judicial proceeding commenced ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 281.80 Td (pursuant to this ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 157.58154296875 280.33369140624995 m 211.03466796875 280.33369140624995 l s q 0 0 0 rg BT 157.58 281.80 Td (Section 4\(e\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 211.03 281.80 Td (, or otherwise, unless the Of) Tj ET Q q 0 0 0 rg BT 334.56 281.80 Td (ficer knowingly misrepresented a material fact in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 268.60 Td (connection with the request for indemnification or such indemnification is prohibited by law) Tj ET Q q 0 0 0 rg BT 493.18 268.60 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 243.40 Td ( ) Tj ET Q q 0 0 0 rg BT 122.00 243.40 Td (The Company shall be precluded from asserting in any judicial proceeding commenced pursuant to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 230.20 Td (this ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 104.64306640625 228.73369140625005 m 158.09619140625 228.73369140625005 l s q 0 0 0 rg BT 104.64 230.20 Td (Section 4\(e\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 158.10 230.20 Td ( that the procedures and presumptions of this ) Tj ET Q q 0 0 0 rg BT 357.89 230.20 Td (Agreement are not valid, binding and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 217.00 Td (enforceable and shall stipulate in any such court that the Company is bound by all provisions of this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 203.80 Td (Agreement.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 178.60 Td (5. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 177.13369140625002 m 287.71630859375 177.13369140625002 l s q 0 0 0 rg BT 113.00 178.60 Td (Notification and Defense of Proceeding) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 287.72 178.60 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 153.40 Td (\(a\) ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 158 151.93369140624998 m 211.15234375 151.93369140624998 l s q 0 0 0 rg BT 158.00 153.40 Td (Notification) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 211.15 153.40 Td (. ) Tj ET Q q 0 0 0 rg BT 218.80 153.40 Td (After receipt by the Of) Tj ET Q q 0 0 0 rg BT 318.77 153.40 Td (ficer of notice of the commencement of any ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 140.20 Td (Proceeding, the Of) Tj ET Q q 0 0 0 rg BT 169.58 140.20 Td (ficer will, if a claim for indemnification in respect thereof is to be made against the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 127.00 Td (Company under this ) Tj ET Q q 0 0 0 rg BT 178.36 127.00 Td (Agreement, notify the Company of the commencement thereof; but the omission to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 113.80 Td (notify the Company will not relieve it from any liability which it may have to the Of) Tj ET Q q 0 0 0 rg BT 458.28 113.80 Td (ficer otherwise than ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 100.60 Td (under this ) Tj ET Q q 0 0 0 rg BT 132.83 100.60 Td (Agreement.) Tj ET Q endstream endobj 125 0 obj <> endobj 126 0 obj <> stream BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 741.40 Td (\(b\) ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 158 739.93369140625 m 194.03466796875 739.93369140625 l s q 0 0 0 rg BT 158.00 741.40 Td (Defense) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 194.03 741.40 Td (. ) Tj ET Q q 0 0 0 rg BT 199.34 741.40 Td (W) Tj ET Q q 0 0 0 rg BT 209.28 741.40 Td (ith respect to any Proceeding as to which the Of) Tj ET Q q 0 0 0 rg BT 420.16 741.40 Td (ficer notifies the Company of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 728.20 Td (the commencement thereof, the Company will be entitled to participate therein at its own expense. Except ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 715.00 Td (as otherwise provided below) Tj ET Q q 0 0 0 rg BT 212.45 715.00 Td (, to the extent that it may wish, the Company \(jointly with any other ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 701.80 Td (indemnifying party similarly notified\) will be entitled to assume the defense thereof, with counsel ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 688.60 Td (reasonably satisfactory to the Of) Tj ET Q q 0 0 0 rg BT 229.75 688.60 Td (ficer) Tj ET Q q 0 0 0 rg BT 249.29 688.60 Td (. ) Tj ET Q q 0 0 0 rg BT 256.94 688.60 Td (After receipt of notice from the Company to the Of) Tj ET Q q 0 0 0 rg BT 481.86 688.60 Td (ficer of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 675.40 Td (Company) Tj ET Q q 0 0 0 rg BT 132.83 675.40 Td (s election to assume the defense thereof, the Company will not be liable to the Of) Tj ET Q q 0 0 0 rg BT 490.64 675.40 Td (ficer under this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 662.20 Td (Agreement for any legal or other expenses subsequently incurred by the Of) Tj ET Q q 0 0 0 rg BT 417.61 662.20 Td (ficer in connection with the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 649.00 Td (defense thereof other than reasonable costs of investigation or as otherwise provided below) Tj ET Q q 0 0 0 rg BT 487.66 649.00 Td (. ) Tj ET Q q 0 0 0 rg BT 492.96 649.00 Td (The Of) Tj ET Q q 0 0 0 rg BT 524.22 649.00 Td (ficer ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 635.80 Td (shall have the right to employ its own counsel in such Proceeding, but the fees and expenses of such ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 622.60 Td (counsel incurred after notice from the Company of its assumption of the defense thereof shall be at the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 609.40 Td (expense of the Of) Tj ET Q q 0 0 0 rg BT 164.69 609.40 Td (ficer unless \(i\) the employment of counsel by the Of) Tj ET Q q 0 0 0 rg BT 394.51 609.40 Td (ficer has been authorized by the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 596.20 Td (Company) Tj ET Q q 0 0 0 rg BT 129.06 596.20 Td (, \(ii\) the Of) Tj ET Q q 0 0 0 rg BT 178.35 596.20 Td (ficer shall have reasonably concluded that there may be a conflict of interest between ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 583.00 Td (the Company and the Of) Tj ET Q q 0 0 0 rg BT 194.94 583.00 Td (ficer in the conduct of the defense of such Proceeding or \(iii\) the Company shall ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 569.80 Td (not in fact have employed counsel to assume the defense of such Proceeding, in each of which cases the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 556.60 Td (fees and expenses of counsel shall be subject to indemnification pursuant to the terms of this ) Tj ET Q q 0 0 0 rg BT 496.35 556.60 Td (Agreement. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 543.40 Td (The Company shall not be entitled to assume the defense of any Proceeding brought by or on behalf of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 530.20 Td (Company or as to which the Of) Tj ET Q q 0 0 0 rg BT 224.89 530.20 Td (ficer shall have reasonably made the conclusion provided for in \(ii\) above.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 505.00 Td (\(c\) ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 158 503.53369140625 m 209.326171875 503.53369140625 l s q 0 0 0 rg BT 158.00 505.00 Td (Settlements) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 209.33 505.00 Td (. ) Tj ET Q q 0 0 0 rg BT 214.63 505.00 Td (The Company shall not be liable to indemnify the Of) Tj ET Q q 0 0 0 rg BT 447.52 505.00 Td (ficer under this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 491.80 Td (Agreement for any amounts paid in settlement of any Proceeding made without its written consent, which ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 478.60 Td (consent shall not be unreasonably withheld, conditioned or delayed. ) Tj ET Q q 0 0 0 rg BT 391.06 478.60 Td (The Company shall not settle any ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 465.40 Td (Proceeding in any manner that would impose any unindemnified penalty or limitation on the Of) Tj ET Q q 0 0 0 rg BT 508.37 465.40 Td (ficer ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 452.20 Td (without the Of) Tj ET Q q 0 0 0 rg BT 150.96 452.20 Td (ficer) Tj ET Q q 0 0 0 rg BT 171.51 452.20 Td () Tj ET Q q 0 0 0 rg BT 174.57 452.20 Td (s written consent. Neither the Company nor the Of) Tj ET Q q 0 0 0 rg BT 397.07 452.20 Td (ficer will unreasonably ) Tj ET Q q 0 0 0 rg BT 518.00 452.20 Td (withhold, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 439.00 Td (condition or delay its consent to any proposed settlement.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 413.80 Td (6. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 412.33369140625 m 368.7822265625 412.33369140625 l s q 0 0 0 rg BT 113.00 413.80 Td (Presumptions; Reliance and Ef) Tj ET Q q 0 0 0 rg BT 248.74 413.80 Td (fect of Certain Proceedings) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 368.78 413.80 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 388.60 Td (\(a\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 158.00 388.60 Td (If a Change of Control has occurred prior to or at the time the request for ) Tj ET Q q 0 0 0 rg BT 482.00 388.60 Td (indemnification ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 375.40 Td (hereunder is submitted to the Company) Tj ET Q q 0 0 0 rg BT 259.50 375.40 Td (, an Of) Tj ET Q q 0 0 0 rg BT 289.54 375.40 Td (ficer shall be presumed \(except as otherwise expressly ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 362.20 Td (provided in this ) Tj ET Q q 0 0 0 rg BT 158.19 362.20 Td (Agreement\) to be entitled to indemnification upon submission of a request for ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 349.00 Td (indemnification in accordance with ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 245.21630859375 347.53369140625 m 298.66943359375 347.53369140625 l s q 0 0 0 rg BT 245.22 349.00 Td (Section 4\(a\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 298.67 349.00 Td (, and thereafter the Company shall have the burden of proof ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 335.80 Td (to overcome the presumption in reaching a determination contrary to the presumption. ) Tj ET Q q 0 0 0 rg BT 471.69 335.80 Td (The presumption ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 322.60 Td (shall be used as a basis for a determination of entitlement to indemnification unless the Company provides ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 309.40 Td (information suf) Tj ET Q q 0 0 0 rg BT 154.93 309.40 Td (ficient to overcome such presumption by clear and convincing evidence, or the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 296.20 Td (investigation, review and analysis of the determination of entitlement to indemnification reveals by clear ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 283.00 Td (and convincing evidence that the presumption should not apply) Tj ET Q q 0 0 0 rg BT 364.89 283.00 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 123.00 257.80 Td (\(b\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 158.00 257.80 Td (Except where the determination of entitlement to indemnification is to be made by ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 244.60 Td (Independent Counsel, if the person or persons empowered under ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 373.53173828125 243.13369140625002 m 423.939453125 243.13369140625002 l s q 0 0 0 rg BT 373.53 244.60 Td (Section 4\(b) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 423.94 244.60 Td (\) or ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 446 243.13369140625002 m 463.70849609375 243.13369140625002 l s q 0 0 0 rg BT 446.00 244.60 Td (4\(c\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 463.71 244.60 Td ( to determine ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 231.40 Td (entitlement to indemnification shall not have made and furnished to the Of) Tj ET Q q 0 0 0 rg BT 415.18 231.40 Td (ficer in writing a determination ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 218.20 Td (within 90 days after receipt by the Company of the request therefor) Tj ET Q q 0 0 0 rg BT 382.54 218.20 Td (, the requisite determination of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 205.00 Td (entitlement to indemnification shall be deemed to have been made and the Of) Tj ET Q q 0 0 0 rg BT 427.68 205.00 Td (ficer shall be entitled to such ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 191.80 Td (indemnification unless the Of) Tj ET Q q 0 0 0 rg BT 217.24 191.80 Td (ficer knowingly misrepresented a material fact in connection with the request ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 178.60 Td (for indemnification. ) Tj ET Q q 0 0 0 rg BT 177.52 178.60 Td (The termination of any Proceeding, by judgment, order) Tj ET Q q 0 0 0 rg BT 419.93 178.60 Td (, settlement or conviction, or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 165.40 Td (upon a plea of ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 152.37 165.40 Td (nolo contender) Tj ET Q q 0 0 0 rg BT 218.25 165.40 Td (e) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 223.13 165.40 Td ( or its equivalent, shall not \(except as otherwise expressly provided in this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 152.20 Td (Agreement\) in and of itself adversely af) Tj ET Q q 0 0 0 rg BT 262.12 152.20 Td (fect the right of the Of) Tj ET Q q 0 0 0 rg BT 360.58 152.20 Td (ficer to indemnification or create a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 139.00 Td (presumption that \(a\) the Of) Tj ET Q q 0 0 0 rg BT 206.54 139.00 Td (ficer did not act in good faith and in a manner that he or she reasonably believed ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 125.80 Td (to be in or not opposed to the best interests of the Company or) Tj ET Q q 0 0 0 rg BT 360.60 125.80 Td (, in all other cases, that at least ) Tj ET Q q 0 0 0 rg BT 518.00 125.80 Td (his or her ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 112.60 Td (conduct was not opposed to the best interests of the Company) Tj ET Q q 0 0 0 rg BT 358.18 112.60 Td (, or \(b\) with respect to any criminal ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 87.00 99.40 Td (Proceeding, the Of) Tj ET Q q 0 0 0 rg BT 169.58 99.40 Td (ficer had reasonable cause to believe that his ) Tj ET Q q 0 0 0 rg BT 374.00 99.40 Td (or her conduct was unlawful.) Tj ET Q endstream endobj 127 0 obj <> endobj 128 0 obj <> stream BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 741.40 Td (7. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 739.93369140625 m 292.3193359375 739.93369140625 l s q 0 0 0 rg BT 113.00 741.40 Td (Indemnification for ) Tj ET Q q 0 0 0 rg BT 200.97 741.40 Td (Additional Expenses) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 292.32 741.40 Td (. In the event that an Of) Tj ET Q q 0 0 0 rg BT 399.03 741.40 Td (ficer) Tj ET Q q 0 0 0 rg BT 418.73 741.40 Td (, pursuant to ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 476.171875 739.93369140625 m 534.5234375 739.93369140625 l s q 0 0 0 rg BT 476.17 741.40 Td (Sections 4\(b\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 534.52 741.40 Td (, ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 540.0234375 739.93369140625 m 560.48193359375 739.93369140625 l s q 0 0 0 rg BT 540.02 741.40 Td (4\(c\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (or ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 61.9130859375 726.73369140625 m 79.62158203125 726.73369140625 l s q 0 0 0 rg BT 61.91 728.20 Td (4\(e\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 79.62 728.20 Td (, seeks a judicial adjudication to enforce his or her rights under) Tj ET Q q 0 0 0 rg BT 355.93 728.20 Td (, or to recover damages for breach of, this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 715.00 Td (Agreement, the Of) Tj ET Q q 0 0 0 rg BT 131.96 715.00 Td (ficer shall be entitled to recover from the Company) Tj ET Q q 0 0 0 rg BT 356.67 715.00 Td (, and shall be indemnified by the Company ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 701.80 Td (against, any and all Expenses actually incurred by him or her in such judicial adjudication, but only if he or she ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 688.60 Td (prevails therein.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 663.40 Td (8. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 661.93369140625 m 209.12109375 661.93369140625 l s q 0 0 0 rg BT 113.00 663.40 Td (Partial Indemnity) Tj ET Q q 0 0 0 rg BT 188.96 663.40 Td (, Etc) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 209.12 663.40 Td (. If the Of) Tj ET Q q 0 0 0 rg BT 255.04 663.40 Td (ficer is entitled under any provision of this ) Tj ET Q q 0 0 0 rg BT 444.45 663.40 Td (Agreement to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 650.20 Td (indemnification by the Company for some or a portion of the Expenses, judgments, fines, penalties and amounts ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 637.00 Td (paid in settlement but not, however) Tj ET Q q 0 0 0 rg BT 204.75 637.00 Td (, for all of the total amount thereof the Company shall nevertheless indemnify ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 623.80 Td (the Of) Tj ET Q q 0 0 0 rg BT 77.60 623.80 Td (ficer for the portion thereof to which the Of) Tj ET Q q 0 0 0 rg BT 269.22 623.80 Td (ficer is entitled. Moreover) Tj ET Q q 0 0 0 rg BT 386.37 623.80 Td (, notwithstanding any other provision ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 610.60 Td (of this ) Tj ET Q q 0 0 0 rg BT 79.95 610.60 Td (Agreement, to the extent that the Of) Tj ET Q q 0 0 0 rg BT 238.28 610.60 Td (ficer has been successful on the merits or otherwise in defense of any ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 597.40 Td (issue or matter therein, including, without limitation, dismissal without prejudice, the Of) Tj ET Q q 0 0 0 rg BT 439.32 597.40 Td (ficer shall be indemnified ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 584.20 Td (against all Expenses incurred in connection therewith. In connection with any determination as to whether the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 571.00 Td (Of) Tj ET Q q 0 0 0 rg BT 61.41 571.00 Td (ficer is entitled to be indemnified hereunder) Tj ET Q q 0 0 0 rg BT 254.00 571.00 Td (, the burden of proof shall be on the Company to establish that the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 557.80 Td (Of) Tj ET Q q 0 0 0 rg BT 61.41 557.80 Td (ficer is not so entitled.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 532.60 Td (9. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 531.13369140625 m 184.80615234375 531.13369140625 l s q 0 0 0 rg BT 113.00 532.60 Td (No Presumption) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 184.81 532.60 Td (. For purposes of this ) Tj ET Q q 0 0 0 rg BT 282.89 532.60 Td (Agreement, the termination of any Proceeding, action, suit or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 519.40 Td (proceeding, by judgment, order) Tj ET Q q 0 0 0 rg BT 187.94 519.40 Td (, settlement \(whether with or without court approval\) or conviction, or upon a plea ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 506.20 Td (of ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 61.91 506.20 Td (nolo contender) Tj ET Q q 0 0 0 rg BT 127.79 506.20 Td (e) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 132.68 506.20 Td (, or its equivalent, shall not create a presumption that the Of) Tj ET Q q 0 0 0 rg BT 396.10 506.20 Td (ficer did not meet any particular ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 493.00 Td (standard of conduct or have any particular belief or that a court has determined that indemnification is not permitted ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 479.80 Td (by applicable law) Tj ET Q q 0 0 0 rg BT 126.87 479.80 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 454.60 Td (10. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 453.13369140625 m 345.78857421875 453.13369140625 l s q 0 0 0 rg BT 113.00 454.60 Td (Non-Exclusivity; ) Tj ET Q q 0 0 0 rg BT 190.91 454.60 Td (Amendment of Charter Documents) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 345.79 454.60 Td (. ) Tj ET Q q 0 0 0 rg BT 353.84 454.60 Td (The rights of the Of) Tj ET Q q 0 0 0 rg BT 441.01 454.60 Td (ficer hereunder shall be in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 441.40 Td (addition to any other rights the Of) Tj ET Q q 0 0 0 rg BT 199.49 441.40 Td (ficer may have under the Charter) Tj ET Q q 0 0 0 rg BT 344.12 441.40 Td (, the Bylaws, pursuant to resolutions or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 428.20 Td (determinations of the Company) Tj ET Q q 0 0 0 rg BT 192.05 428.20 Td (s Board of Directors or stockholders, under the DGCL) Tj ET Q q 0 0 0 rg BT 430.84 428.20 Td ( or otherwise. ) Tj ET Q q 0 0 0 rg BT 493.57 428.20 Td (The Company ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 415.00 Td (shall not adopt any amendment to the Charter or the Bylaws \(collectively) Tj ET Q q 0 0 0 rg BT 371.56 415.00 Td (, the Charter Documents\), the ef) Tj ET Q q 0 0 0 rg BT 522.54 415.00 Td (fect of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 401.80 Td (which would be to deny) Tj ET Q q 0 0 0 rg BT 154.99 401.80 Td (, diminish or encumber the Of) Tj ET Q q 0 0 0 rg BT 287.37 401.80 Td (ficer) Tj ET Q q 0 0 0 rg BT 307.93 401.80 Td () Tj ET Q q 0 0 0 rg BT 310.98 401.80 Td (s rights to indemnity under the Charter Documents, the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 388.60 Td (DGCL) Tj ET Q q 0 0 0 rg BT 79.54 388.60 Td ( or any other applicable law) Tj ET Q q 0 0 0 rg BT 201.30 388.60 Td (. ) Tj ET Q q 0 0 0 rg BT 209.35 388.60 Td (T) Tj ET Q q 0 0 0 rg BT 215.30 388.60 Td (o the extent that a change in the DGCL) Tj ET Q q 0 0 0 rg BT 387.17 388.60 Td ( \(whether by statute or judicial ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 375.40 Td (decision\) permits greater indemnification by agreement than would be af) Tj ET Q q 0 0 0 rg BT 370.21 375.40 Td (forded currently under the Charter ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 362.20 Td (Documents and this ) Tj ET Q q 0 0 0 rg BT 139.52 362.20 Td (Agreement, it is the intent of the parties hereto that the Of) Tj ET Q q 0 0 0 rg BT 394.07 362.20 Td (ficer shall ) Tj ET Q q 0 0 0 rg BT 446.00 362.20 Td (enjoy by this ) Tj ET Q q 0 0 0 rg BT 504.97 362.20 Td (Agreement ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 349.00 Td (the greater benefits so af) Tj ET Q q 0 0 0 rg BT 157.92 349.00 Td (forded by such change.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 323.80 Td (1) Tj ET Q q 0 0 0 rg BT 91.09 323.80 Td (1. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 322.33369140625 m 230.91162109375 322.33369140625 l s q 0 0 0 rg BT 113.00 323.80 Td (Insurance and Subrogation) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 230.91 323.80 Td (. ) Tj ET Q q 0 0 0 rg BT 238.96 323.80 Td (The Company may maintain, at its expense, an insurance policy or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 310.60 Td (policies providing liability insurance for directors or of) Tj ET Q q 0 0 0 rg BT 292.04 310.60 Td (ficers of the Company or of any other corporation, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 297.40 Td (partnership, joint venture, trust or other enterprise which such person serves at the request of the Company against ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 284.20 Td (any such expense, liability or loss, whether or not the Company would have the power to indemnify such person ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 271.00 Td (against such expense, liability or loss under applicable law) Tj ET Q q 0 0 0 rg BT 307.41 271.00 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 245.80 Td ( ) Tj ET Q q 0 0 0 rg BT 113.00 245.80 Td (In the event of any payment hereunder) Tj ET Q q 0 0 0 rg BT 282.38 245.80 Td (, the Company shall be subrogated to the extent of such ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 232.60 Td (payment to all the rights of recovery of the Of) Tj ET Q q 0 0 0 rg BT 252.32 232.60 Td (ficer) Tj ET Q q 0 0 0 rg BT 272.02 232.60 Td (, who shall execute all papers required and take all action ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 219.40 Td (necessary to secure such rights, including execution of such documents as are necessary to enable the Company to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 206.20 Td (bring suit to enforce such rights.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 181.00 Td ( ) Tj ET Q q 0 0 0 rg BT 113.00 181.00 Td (The Company shall not be liable under this ) Tj ET Q q 0 0 0 rg BT 304.86 181.00 Td (Agreement to make any payment of amounts otherwise ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 167.80 Td (indemnifiable hereunder if, but only to the extent that, the Of) Tj ET Q q 0 0 0 rg BT 318.61 167.80 Td (ficer has otherwise actually received such payment ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 154.60 Td (under any insurance policy) Tj ET Q q 0 0 0 rg BT 168.10 154.60 Td (, contract, agreement or otherwise.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 129.40 Td (12. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 127.93369140624998 m 169.82080078125 127.93369140624998 l s q 0 0 0 rg BT 113.00 129.40 Td (Counterparts) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 169.82 129.40 Td (. ) Tj ET Q q 0 0 0 rg BT 175.12 129.40 Td (This ) Tj ET Q q 0 0 0 rg BT 196.82 129.40 Td (Agreement may be executed in two or more counterparts, each of which shall be ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 116.20 Td (deemed to be an original but all of which together will constitute one and the same instrument.) Tj ET Q endstream endobj 129 0 obj <> endobj 130 0 obj <> stream BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 741.40 Td (13. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 739.93369140625 m 186.3046875 739.93369140625 l s q 0 0 0 rg BT 113.00 741.40 Td (Indulgences, Etc) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 186.30 741.40 Td (. Neither the failure nor any delay on the part of either party to exercise any right, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (remedy) Tj ET Q q 0 0 0 rg BT 82.27 728.20 Td (, power or privilege under this ) Tj ET Q q 0 0 0 rg BT 217.60 728.20 Td (Agreement shall operate as a waiver thereof, nor shall any single or partial ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 715.00 Td (exercise of any right, remedy) Tj ET Q q 0 0 0 rg BT 177.87 715.00 Td (, power or privilege preclude any other or further exercise of the same or of any right, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 701.80 Td (remedy) Tj ET Q q 0 0 0 rg BT 82.27 701.80 Td (, power or privilege, nor shall any waiver of any right, remedy) Tj ET Q q 0 0 0 rg BT 355.86 701.80 Td (, power) Tj ET Q q 0 0 0 rg BT 388.41 701.80 Td (, or privilege with respect to any ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 688.60 Td (occurrence be construed as a waiver of such right, remedy) Tj ET Q q 0 0 0 rg BT 305.23 688.60 Td (, power or privilege with respect to any other occurrence.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 663.40 Td (14. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 661.93369140625 m 146.6015625 661.93369140625 l s q 0 0 0 rg BT 113.00 663.40 Td (Notices) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 146.60 663.40 Td (. ) Tj ET Q q 0 0 0 rg BT 154.24 663.40 Td (Any notice or other communication required or permitted to be sent to the Company ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 650.20 Td (pursuant to this ) Tj ET Q q 0 0 0 rg BT 119.97 650.20 Td (Agreement shall be addressed to the Secretary of the Company and any such notice or other ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 637.00 Td (communication to an Of) Tj ET Q q 0 0 0 rg BT 157.02 637.00 Td (ficer shall be given in writing by depositing the same in the United States mail, with ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 623.80 Td (postage thereon prepaid, addressed to the person to whom such notice is directed at the address of such person on ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 610.60 Td (the records of the Company) Tj ET Q q 0 0 0 rg BT 171.47 610.60 Td (, and such notice shall be deemed given at the time when the same shall be so deposited ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 597.40 Td (in the United States mail.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 572.20 Td (15. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 570.73369140625 m 205.57080078125 570.73369140625 l s q 0 0 0 rg BT 113.00 572.20 Td (Provisions Separable) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 205.57 572.20 Td (. ) Tj ET Q q 0 0 0 rg BT 213.62 572.20 Td (The provisions of this ) Tj ET Q q 0 0 0 rg BT 312.01 572.20 Td (Agreement are independent of and separable from each ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 559.00 Td (other) Tj ET Q q 0 0 0 rg BT 72.16 559.00 Td (, and no provision shall be af) Tj ET Q q 0 0 0 rg BT 199.35 559.00 Td (fected or rendered invalid or unenforceable by virtue of the fact that for any ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 545.80 Td (reason any other or others of them may be invalid or unenforceable in whole or in part.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 520.60 Td (16. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 519.13369140625 m 190.88623046875 519.13369140625 l s q 0 0 0 rg BT 113.00 520.60 Td (Entire ) Tj ET Q q 0 0 0 rg BT 142.02 520.60 Td (Agreement) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 190.89 520.60 Td (. ) Tj ET Q q 0 0 0 rg BT 196.19 520.60 Td (This ) Tj ET Q q 0 0 0 rg BT 217.89 520.60 Td (Agreement contains the entire understanding between the parties hereto with ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 507.40 Td (respect to the subject matter hereof, and supersedes all prior written or oral and all contemporaneous agreements ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 494.20 Td (and understandings, inducements or conditions, express or implied, oral or written, except as herein contained, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 481.00 Td (which shall be deemed terminated ef) Tj ET Q q 0 0 0 rg BT 211.37 481.00 Td (fective immediately) Tj ET Q q 0 0 0 rg BT 298.32 481.00 Td (. ) Tj ET Q q 0 0 0 rg BT 306.37 481.00 Td (The express terms hereof control and supersede any ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 467.80 Td (course of performance and/or usage of the trade inconsistent with any of the terms hereof. ) Tj ET Q q 0 0 0 rg BT 448.10 467.80 Td (This ) Tj ET Q q 0 0 0 rg BT 469.80 467.80 Td (Agreement may not ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 454.60 Td (be modified or amended other than by an agreement in writing.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 429.40 Td (17. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 427.93369140625 m 185.39697265625 427.93369140625 l s q 0 0 0 rg BT 113.00 429.40 Td (Headings; Index) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 185.40 429.40 Td (. ) Tj ET Q q 0 0 0 rg BT 190.70 429.40 Td (The headings of paragraphs herein are included solely for convenience of reference ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 416.20 Td (and shall not control the meaning or interpretation of any of the provisions of this ) Tj ET Q q 0 0 0 rg BT 410.79 416.20 Td (Agreement.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 391.00 Td (18. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 389.53369140625 m 181.9833984375 389.53369140625 l s q 0 0 0 rg BT 113.00 391.00 Td (Governing Law) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 181.63 391.00 Td (. ) Tj ET Q q 0 0 0 rg BT 189.68 391.00 Td (This ) Tj ET Q q 0 0 0 rg BT 211.38 391.00 Td (Agreement shall be governed by) Tj ET Q q 0 0 0 rg BT 353.61 391.00 Td (, and construed, interpreted and enforced in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 377.80 Td (accordance with, the substantive laws in ef) Tj ET Q q 0 0 0 rg BT 238.26 377.80 Td (fect in the State of Delaware without giving ef) Tj ET Q q 0 0 0 rg BT 442.11 377.80 Td (fect to any conflicts-of-law ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 364.60 Td (rule, principle or statute that would result in the application of the laws of another jurisdiction.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 339.40 Td (19. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 337.93369140625 m 150.275390625 337.93369140625 l s q 0 0 0 rg BT 113.00 339.40 Td (Survival) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 150.28 339.40 Td (. ) Tj ET Q q 0 0 0 rg BT 158.33 339.40 Td (The covenants and agreements of the parties set forth in this ) Tj ET Q q 0 0 0 rg BT 425.00 339.40 Td (Agreement are of a continuing ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 326.20 Td (nature and shall survive the expiration, termination or cancellation of this ) Tj ET Q q 0 0 0 rg BT 375.02 326.20 Td (Agreement, regardless of the reason ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 313.00 Td (therefor) Tj ET Q q 0 0 0 rg BT 84.20 313.00 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 287.80 Td (20. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 286.33369140625 m 198.0244140625 286.33369140625 l s q 0 0 0 rg BT 113.00 287.80 Td (Binding Ef) Tj ET Q q 0 0 0 rg BT 161.38 287.80 Td (fect, Etc) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 198.02 287.80 Td (. ) Tj ET Q q 0 0 0 rg BT 203.33 287.80 Td (This ) Tj ET Q q 0 0 0 rg BT 225.02 287.80 Td (Agreement shall be binding upon and inure to the benefit of and be ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 274.60 Td (enforceable by the parties hereto and their respective successors, assigns, including any direct or indirect successor ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 261.40 Td (by purchase, mer) Tj ET Q q 0 0 0 rg BT 125.24 261.40 Td (ger) Tj ET Q q 0 0 0 rg BT 138.85 261.40 Td (, consolidation or otherwise to all or substantially all of the business or assets of the Company) Tj ET Q q 0 0 0 rg BT 551.48 261.40 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 248.20 Td (spouses, heirs, and personal and legal representatives. ) Tj ET Q q 0 0 0 rg BT 292.03 248.20 Td (The Company shall require and cause any successor ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 235.00 Td (\(whether direct or indirect by purchase, mer) Tj ET Q q 0 0 0 rg BT 243.13 235.00 Td (ger) Tj ET Q q 0 0 0 rg BT 256.74 235.00 Td (, consolidation or otherwise\) to all, substantially all, or a substantial ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 221.80 Td (part, of the business or assets of the Company) Tj ET Q q 0 0 0 rg BT 251.22 221.80 Td (, by written agreement in form and substance satisfactory to the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 208.60 Td (Of) Tj ET Q q 0 0 0 rg BT 61.41 208.60 Td (ficer) Tj ET Q q 0 0 0 rg BT 81.11 208.60 Td (, expressly to assume and agree to perform this ) Tj ET Q q 0 0 0 rg BT 290.06 208.60 Td (Agreement in the same manner and to the same extent that ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 195.40 Td (the Company would be required to perform if no such succession had taken place. ) Tj ET Q q 0 0 0 rg BT 416.36 195.40 Td (The indemnity provisions of this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 182.20 Td (Agreement shall continue in ef) Tj ET Q q 0 0 0 rg BT 185.42 182.20 Td (fect regardless of whether the Of) Tj ET Q q 0 0 0 rg BT 329.68 182.20 Td (ficer continues to serve as an employee of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 169.00 Td (Company) Tj ET Q q 0 0 0 rg BT 92.06 169.00 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 143.80 Td (21. ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 113 142.33369140624995 m 212.60693359375 142.33369140624995 l s q 0 0 0 rg BT 113.00 143.80 Td (No Strict Construction) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 212.61 143.80 Td (. ) Tj ET Q q 0 0 0 rg BT 220.66 143.80 Td (The parties hereto confirm that they have each participated in the negotiation ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 130.60 Td (and preparation of this ) Tj ET Q q 0 0 0 rg BT 151.42 130.60 Td (Agreement and that this ) Tj ET Q q 0 0 0 rg BT 258.95 130.60 Td (Agreement represents the joint agreement and understanding of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 117.40 Td (parties. ) Tj ET Q q 0 0 0 rg BT 87.37 117.40 Td (The parties hereto have mutually chosen the language used in this ) Tj ET Q q 0 0 0 rg BT 379.09 117.40 Td (Agreement, and no rule of strict ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 104.20 Td (construction construing ambiguities against any party hereto shall be applied.) Tj ET Q endstream endobj 131 0 obj <> endobj 132 0 obj <> stream BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 741.40 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 741.40 Td (IN ) Tj ET Q q 0 0 0 rg BT 100.16 741.40 Td (WITNESS ) Tj ET Q q 0 0 0 rg BT 150.37 741.40 Td (WHEREOF) Tj ET Q q 0 0 0 rg BT 202.65 741.40 Td (, the Company has caused this ) Tj ET Q q 0 0 0 rg BT 338.00 741.40 Td (Agreement to be executed and duly authorized, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (and Of) Tj ET Q q 0 0 0 rg BT 80.04 728.20 Td (ficer has signed this ) Tj ET Q q 0 0 0 rg BT 169.86 728.20 Td (Agreement, all as of the day and year first above written.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 703.00 Td (CA) Tj ET Q q 0 0 0 rg BT 63.86 703.00 Td (VCO INDUSTRIES, INC.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 676.60 Td (By:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 650.1 m 258.5 650.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 650.1 m 258.5 650.1 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 655.02 Td (/s/ ) Tj ET Q q 0 0 0 rg BT 66.04 655.02 Td (W) Tj ET Q q 0 0 0 rg BT 76.11 655.02 Td (illiam C. Boor) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 639.02 Td (W) Tj ET Q q 0 0 0 rg BT 63.16 639.02 Td (illiam C. Boor) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 623.02 Td (Chairman, ) Tj ET Q q 0 0 0 rg BT 101.27 623.02 Td (Audit Committee) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 565.7 m 258.5 565.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 565.7 m 258.5 565.7 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 570.62 Td (/s/ Daniel L. Urness) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 554.62 Td (Daniel L. Urness) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 133 0 obj <> endobj 134 0 obj <> stream BT /F2 11.00 Tf ET q 0 0 0 rg BT 505.15 741.60 Td (Exhibit 31.1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 66.55 722.40 Td (Certification of Principal Executive Officer) Tj ET Q q 0 0 0 rg BT 269.17 722.40 Td ( Pursuant to Section 302 of the Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 492.23 722.40 Td (Act of 2002) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 684.00 Td (I, Daniel L. Urness, certify that:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 664.80 Td (1. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 664.80 Td (I have reviewed this quarterly report on Form 10-Q of Cavco Industries, Inc.; ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 645.60 Td (2. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 645.60 Td (Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 632.40 Td (material fact necessary to make the statements made, in light of the circumstances under which such statements ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 619.20 Td (were made, not misleading with respect to the period covered by this report; ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 600.00 Td (3. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 600.00 Td (Based on my knowledge, the financial statements, and other financial information included in this report, fairly ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 586.80 Td (present in all material respects the financial condition, results of operations and cash flows of the registrant as ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 573.60 Td (of, and for) Tj ET Q q 0 0 0 rg BT 113.68 573.60 Td (, the periods presented in this report; ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 554.40 Td (4. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 554.40 Td (The registrant's other certifying of) Tj ET Q q 0 0 0 rg BT 218.23 554.40 Td (ficer and I are responsible for establishing and maintaining disclosure ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 541.20 Td (controls and procedures \(as defined in Exchange ) Tj ET Q q 0 0 0 rg BT 283.95 541.20 Td (Act Rules 13a-15\(e\) and 15d-15\(e\)\) and internal control over ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 528.00 Td (financial reporting \(as defined in Exchange ) Tj ET Q q 0 0 0 rg BT 260.42 528.00 Td (Act Rules 13a-15\(f\) and 15d-15\(f\)\) for the registrant and have:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 508.80 Td (a\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 508.80 Td (Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 495.60 Td (designed under our supervision, to ensure that material information relating to the registrant, including its ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 482.40 Td (consolidated subsidiaries, is made known to us by others within those entities, particularly during the period ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 469.20 Td (in which this report is being prepared; ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 450.00 Td (b\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 450.00 Td (Designed such internal control over financial reporting, or caused such internal control over financial ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 436.80 Td (reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 423.60 Td (financial reporting and the preparation of financial statements for external purposes in accordance with ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 410.40 Td (generally accepted accounting principles; ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 391.20 Td (c\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 391.20 Td (Evaluated the ef) Tj ET Q q 0 0 0 rg BT 157.26 391.20 Td (fectiveness of the registrant's disclosure controls and procedures and presented in this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 378.00 Td (report our conclusions about the ef) Tj ET Q q 0 0 0 rg BT 238.84 378.00 Td (fectiveness of the disclosure controls and procedures, as of the end of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 364.80 Td (period covered by this report based on such evaluation; and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 345.60 Td (d\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 345.60 Td (Disclosed in this report any change in the registrant's internal control over financial reporting that occurred ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 332.40 Td (during the registrant's most recent fiscal quarter \(the registrant's fourth fiscal quarter in the case of an ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 319.20 Td (annual report\) that has materially af) Tj ET Q q 0 0 0 rg BT 243.09 319.20 Td (fected, or is reasonably likely to materially af) Tj ET Q q 0 0 0 rg BT 442.65 319.20 Td (fect, the registrant's ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 306.00 Td (internal control over financial reporting; and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 286.80 Td (5. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 286.80 Td (The registrant's other certifying of) Tj ET Q q 0 0 0 rg BT 218.23 286.80 Td (ficer and I have disclosed, based on our most recent evaluation of internal ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 273.60 Td (control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 260.40 Td (directors \(or persons performing the equivalent functions\):) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 241.20 Td (a\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 241.20 Td (All significant deficiencies and material weaknesses in the design or operation of internal control over ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 228.00 Td (financial reporting which are reasonably likely to adversely af) Tj ET Q q 0 0 0 rg BT 358.86 228.00 Td (fect the registrant's ability to record, process, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 214.80 Td (summarize and report financial information; and) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 195.60 Td (b\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 195.60 Td (Any fraud, whether or not material, that involves management or other employees who have a significant ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 182.40 Td (role in the registrant's internal control over financial reporting.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 163.20 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 90.5 108.70000000000005 m 298.5 108.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 90.5 108.70000000000005 m 298.5 108.70000000000005 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 141.62 Td (Dated:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 93.00 141.62 Td (November 8, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 113.62 Td (By:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 93.00 113.62 Td (/s/ Daniel L. Urness) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 93.00 97.62 Td (Daniel L. Urness) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 93.00 81.62 Td (President and ) Tj ET Q q 0 0 0 rg BT 154.71 81.62 Td (Acting Chief Executive Of) Tj ET Q q 0 0 0 rg BT 272.73 81.62 Td (ficer) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 135 0 obj <> endobj 136 0 obj <> stream BT /F2 11.00 Tf ET q 0 0 0 rg BT 505.15 741.60 Td (Exhibit 31.2) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.45 722.40 Td (Certification of Principal Financial Officer) Tj ET Q q 0 0 0 rg BT 268.26 722.40 Td ( Pursuant to Section 302 of the Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 491.32 722.40 Td (Act of 2002) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 684.00 Td (I, Joshua J. Barsetti, certify that:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 664.80 Td (1. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 664.80 Td (I have reviewed this quarterly report on Form 10-Q of Cavco Industries, Inc.; ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 645.60 Td (2. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 645.60 Td (Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 632.40 Td (material fact necessary to make the statements made, in light of the circumstances under which such statements ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 619.20 Td (were made, not misleading with respect to the period covered by this report; ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 600.00 Td (3. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 600.00 Td (Based on my knowledge, the financial statements, and other financial information included in this report, fairly ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 586.80 Td (present in all material respects the financial condition, results of operations and cash flows of the registrant as ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 573.60 Td (of, and for) Tj ET Q q 0 0 0 rg BT 113.68 573.60 Td (, the periods presented in this report; ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 554.40 Td (4. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 554.40 Td (The registrant's other certifying of) Tj ET Q q 0 0 0 rg BT 218.23 554.40 Td (ficer and I are responsible for establishing and maintaining disclosure ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 541.20 Td (controls and procedures \(as defined in Exchange ) Tj ET Q q 0 0 0 rg BT 283.95 541.20 Td (Act Rules 13a-15\(e\) and 15d-15\(e\)\) and internal control over ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 528.00 Td (financial reporting \(as defined in Exchange ) Tj ET Q q 0 0 0 rg BT 260.42 528.00 Td (Act Rules 13a-15\(f\) and 15d-15\(f\)\) for the registrant and have:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 508.80 Td (a\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 508.80 Td (Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 495.60 Td (designed under our supervision, to ensure that material information relating to the registrant, including its ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 482.40 Td (consolidated subsidiaries, is made known to us by others within those entities, particularly during the period ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 469.20 Td (in which this report is being prepared; ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 450.00 Td (b\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 450.00 Td (Designed such internal control over financial reporting, or caused such internal control over financial ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 436.80 Td (reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 423.60 Td (financial reporting and the preparation of financial statements for external purposes in accordance with ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 410.40 Td (generally accepted accounting principles; ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 391.20 Td (c\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 391.20 Td (Evaluated the ef) Tj ET Q q 0 0 0 rg BT 157.26 391.20 Td (fectiveness of the registrant's disclosure controls and procedures and presented in this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 378.00 Td (report our conclusions about the ef) Tj ET Q q 0 0 0 rg BT 238.84 378.00 Td (fectiveness of the disclosure controls and procedures, as of the end of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 364.80 Td (period covered by this report based on such evaluation; and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 345.60 Td (d\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 345.60 Td (Disclosed in this report any change in the registrant's internal control over financial reporting that occurred ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 332.40 Td (during the registrant's most recent fiscal quarter \(the registrant's fourth fiscal quarter in the case of an ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 319.20 Td (annual report\) that has materially af) Tj ET Q q 0 0 0 rg BT 243.09 319.20 Td (fected, or is reasonably likely to materially af) Tj ET Q q 0 0 0 rg BT 442.65 319.20 Td (fect, the registrant's ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 306.00 Td (internal control over financial reporting; and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 286.80 Td (5. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 286.80 Td (The registrant's other certifying of) Tj ET Q q 0 0 0 rg BT 218.23 286.80 Td (ficer and I have disclosed, based on our most recent evaluation of internal ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 273.60 Td (control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 260.40 Td (directors \(or persons performing the equivalent functions\):) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 241.20 Td (a\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 241.20 Td (All significant deficiencies and material weaknesses in the design or operation of internal control over ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 228.00 Td (financial reporting which are reasonably likely to adversely af) Tj ET Q q 0 0 0 rg BT 358.86 228.00 Td (fect the registrant's ability to record, process, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 214.80 Td (summarize and report financial information; and) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 195.60 Td (b\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 195.60 Td (Any fraud, whether or not material, that involves management or other employees who have a significant ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 86.00 182.40 Td (role in the registrant's internal control over financial reporting.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 163.20 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 90.5 104.70000000000005 m 298.5 104.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 90.5 104.70000000000005 m 298.5 104.70000000000005 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 141.62 Td (Dated:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 93.00 141.62 Td (November 8, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 109.62 Td (By:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 93.00 109.62 Td (/s/ Joshua J. Barsetti) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 93.00 93.62 Td (Joshua J. Barsetti) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 93.00 77.62 Td (Chief ) Tj ET Q q 0 0 0 rg BT 119.58 77.62 Td (Accounting Of) Tj ET Q q 0 0 0 rg BT 185.06 77.62 Td (ficer) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 137 0 obj <> endobj 138 0 obj <> stream BT /F2 11.00 Tf ET q 0 0 0 rg BT 513.40 741.60 Td (Exhibit 32) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 55.75 722.40 Td (Certification Pursuant to 18 U.S.C. 1350, ) Tj ET Q q 0 0 0 rg BT 250.08 722.40 Td (As ) Tj ET Q q 0 0 0 rg BT 264.44 722.40 Td (Adopted Pursuant to Section 906 of the Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 527.84 722.40 Td (Act of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 295.00 709.20 Td (2002 ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 670.80 Td (In connection with the Quarterly Report of Cavco Industries, Inc. \(the Registrant\) on Form 10-Q for the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 657.60 Td (period ending ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 113.54 657.60 Td (September 29, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 201.83 657.60 Td ( as filed with the Securities and Exchange Commission on the date hereof \(the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 644.40 Td (Report\), we, Daniel L. Urness and Joshua J. Barsetti, President and ) Tj ET Q q 0 0 0 rg BT 357.32 644.40 Td (Acting Chief Executive Of) Tj ET Q q 0 0 0 rg BT 475.33 644.40 Td (ficer and Chief ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 631.20 Td (Accounting Of) Tj ET Q q 0 0 0 rg BT 115.48 631.20 Td (ficer) Tj ET Q q 0 0 0 rg BT 135.19 631.20 Td (, respectively) Tj ET Q q 0 0 0 rg BT 193.11 631.20 Td (, of the Registrant, certify) Tj ET Q q 0 0 0 rg BT 305.42 631.20 Td (, pursuant to 18U.S.C.1350, as adopted pursuant to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 618.00 Td (906 of the Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 175.25 618.00 Td (Act of 2002, that to my knowledge:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 595.80 Td (\(1\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 595.80 Td (The Report fully complies with the requirements of section 13\(a\) or 15\(d\) of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 515.20 595.80 Td (Act of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 582.60 Td (1934, as amended; and) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 560.40 Td (\(2\) ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 560.40 Td (The information contained in the Report fairly presents, in all material respects, the financial condition and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 547.20 Td (results of operations of the Registrant.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 525.00 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 469.5 m 275.5 469.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 469.5 m 275.5 469.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 407.5 m 275.5 407.5 l s BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 503.42 Td (November 8, 2018) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 474.42 Td (/s/ Daniel L. Urness) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 458.42 Td (Daniel L. Urness) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 442.42 Td (President and ) Tj ET Q q 0 0 0 rg BT 115.02 442.42 Td (Acting Chief Executive Of) Tj ET Q q 0 0 0 rg BT 232.83 442.42 Td (ficer) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 412.37 Td (/s/ Joshua J. Barsetti) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 397.37 Td (Joshua J. Barsetti) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 53.00 382.37 Td (Chief ) Tj ET Q q 0 0 0 rg BT 79.58 382.37 Td (Accounting Of) Tj ET Q q 0 0 0 rg BT 145.06 382.37 Td (ficer) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 139 0 obj <> endobj 140 0 obj <> stream 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 748.5 m 314.5 727.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 727.5 m 314.5 677.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 677.5 m 314.5 653.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 653.5 m 314.5 653.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 653.5 m 437.5 653.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 653.5 m 561.5 653.5 l s BT /F1 11.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 323.00 716.50 Td (Media Contact:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 323.00 705.50 Td (John Lovallo) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 323.00 694.50 Td (Phone:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 356.00 694.50 Td ( 917-612-8419) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 323.00 683.50 Td (Email:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 354.78 683.50 Td ( jlovallo@levick.com) Tj ET Q BT /F2 16.00 Tf ET q 0 0 0 rg BT 135.50 659.46 Td (News Release) Tj ET Q BT /F1 10.00 Tf ET BT /F4 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 420.15 639.078564453125 m 561.9791015625 639.078564453125 l s q 0 0 0 rg BT 420.15 640.80 Td (FOR IMMEDIA) Tj ET Q q 0 0 0 rg BT 495.65 640.80 Td (TE RELEASE) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 120.10 619.65 Td (CA) Tj ET Q q 0 0 0 rg BT 134.57 619.65 Td (VCO INDUSTRIES ) Tj ET Q q 0 0 0 rg BT 231.15 619.65 Td (ANNOUCES EXECUTIVE LEADERSHIP) Tj ET Q q 0 0 0 rg BT 434.70 619.65 Td ( CHANGES) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 99.40 593.25 Td (The Board of Directors names Daniel Urness President and ) Tj ET Q q 0 0 0 rg BT 372.48 593.25 Td (Acting Chief Executive Of) Tj ET Q q 0 0 0 rg BT 491.74 593.25 Td (ficer) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 160.25 580.05 Td (Joseph Stegmayer T) Tj ET Q q 0 0 0 rg BT 251.50 580.05 Td (ransitions to Director of Strategic Initiatives) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 553.65 Td (PHOENIX, ) Tj ET Q q 0 0 0 rg BT 122.68 553.65 Td (November8, ) Tj ET Q q 0 0 0 rg BT 183.75 553.65 Td (2018 ) Tj ET Q q 0 0 0 rg BT 209.41 553.65 Td ( ) Tj ET Q q 0 0 0 rg BT 218.29 553.65 Td (T) Tj ET Q q 0 0 0 rg BT 224.24 553.65 Td (oday) Tj ET Q q 0 0 0 rg BT 244.91 553.65 Td (, ) Tj ET Q q 0 0 0 rg BT 251.31 553.65 Td (Cavco ) Tj ET Q q 0 0 0 rg BT 283.07 553.65 Td (Industries, ) Tj ET Q q 0 0 0 rg BT 332.85 553.65 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 353.29 553.65 Td (\(Nasdaq: ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 396.654296875 552.18369140625 m 427.2158203125 552.18369140625 l s q 0 0 0 rg BT 396.65 553.65 Td (CVCO) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 427.22 553.65 Td (\) ) Tj ET Q q 0 0 0 rg BT 434.53 553.65 Td (\(the ) Tj ET Q q 0 0 0 rg BT 455.28 553.65 Td ("Company"\) ) Tj ET Q q 0 0 0 rg BT 514.35 553.65 Td (announced ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 540.45 Td (executive ) Tj ET Q q 0 0 0 rg BT 96.43 540.45 Td (leadership ) Tj ET Q q 0 0 0 rg BT 145.91 540.45 Td (changes. ) Tj ET Q q 0 0 0 rg BT 188.06 540.45 Td (The ) Tj ET Q q 0 0 0 rg BT 209.45 540.45 Td (Company's ) Tj ET Q q 0 0 0 rg BT 262.77 540.45 Td (Board ) Tj ET Q q 0 0 0 rg BT 293.94 540.45 Td (of ) Tj ET Q q 0 0 0 rg BT 307.38 540.45 Td (Directors ) Tj ET Q q 0 0 0 rg BT 352.60 540.45 Td (\(the ) Tj ET Q q 0 0 0 rg BT 373.98 540.45 Td ("Board"\) ) Tj ET Q q 0 0 0 rg BT 417.79 540.45 Td (has ) Tj ET Q q 0 0 0 rg BT 436.74 540.45 Td (appointed ) Tj ET Q q 0 0 0 rg BT 484.40 540.45 Td (Daniel ) Tj ET Q q 0 0 0 rg BT 518.00 540.45 Td (Urness ) Tj ET Q q 0 0 0 rg BT 552.84 540.45 Td (as ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 527.25 Td (President ) Tj ET Q q 0 0 0 rg BT 93.55 527.25 Td (and ) Tj ET Q q 0 0 0 rg BT 111.46 527.25 Td (Acting ) Tj ET Q q 0 0 0 rg BT 144.01 527.25 Td (Chief ) Tj ET Q q 0 0 0 rg BT 171.05 527.25 Td (Executive ) Tj ET Q q 0 0 0 rg BT 217.64 527.25 Td (Of) Tj ET Q q 0 0 0 rg BT 229.05 527.25 Td (ficer) Tj ET Q q 0 0 0 rg BT 248.75 527.25 Td (, ) Tj ET Q q 0 0 0 rg BT 254.11 527.25 Td (ef) Tj ET Q q 0 0 0 rg BT 262.46 527.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 294.99 527.25 Td (immediately) Tj ET Q q 0 0 0 rg BT 349.26 527.25 Td (. ) Tj ET Q q 0 0 0 rg BT 354.62 527.25 Td ( ) Tj ET Q q 0 0 0 rg BT 357.23 527.25 Td (In ) Tj ET Q q 0 0 0 rg BT 369.00 527.25 Td (his ) Tj ET Q q 0 0 0 rg BT 384.44 527.25 Td (new ) Tj ET Q q 0 0 0 rg BT 405.38 527.25 Td (role, ) Tj ET Q q 0 0 0 rg BT 427.83 527.25 Td (Mr) Tj ET Q q 0 0 0 rg BT 440.67 527.25 Td (. ) Tj ET Q q 0 0 0 rg BT 446.03 527.25 Td (Urness ) Tj ET Q q 0 0 0 rg BT 479.19 527.25 Td (will ) Tj ET Q q 0 0 0 rg BT 498.91 527.25 Td (be ) Tj ET Q q 0 0 0 rg BT 511.90 527.25 Td (responsible ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 514.05 Td (for ) Tj ET Q q 0 0 0 rg BT 65.73 514.05 Td (day-to-day ) Tj ET Q q 0 0 0 rg BT 116.28 514.05 Td (leadership ) Tj ET Q q 0 0 0 rg BT 164.39 514.05 Td (of ) Tj ET Q q 0 0 0 rg BT 176.46 514.05 Td (the ) Tj ET Q q 0 0 0 rg BT 192.80 514.05 Td (Company) Tj ET Q q 0 0 0 rg BT 234.86 514.05 Td (. ) Tj ET Q q 0 0 0 rg BT 240.30 514.05 Td (The ) Tj ET Q q 0 0 0 rg BT 260.31 514.05 Td (Company ) Tj ET Q q 0 0 0 rg BT 305.99 514.05 Td (also ) Tj ET Q q 0 0 0 rg BT 326.61 514.05 Td (announced ) Tj ET Q q 0 0 0 rg BT 377.17 514.05 Td (that ) Tj ET Q q 0 0 0 rg BT 396.56 514.05 Td (Joshua ) Tj ET Q q 0 0 0 rg BT 429.41 514.05 Td (Barsetti, ) Tj ET Q q 0 0 0 rg BT 469.28 514.05 Td (the ) Tj ET Q q 0 0 0 rg BT 485.62 514.05 Td (Company's ) Tj ET Q q 0 0 0 rg BT 537.57 514.05 Td (Chief ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 500.85 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 106.53 500.85 Td (Of) Tj ET Q q 0 0 0 rg BT 117.94 500.85 Td (ficer) Tj ET Q q 0 0 0 rg BT 137.65 500.85 Td (, ) Tj ET Q q 0 0 0 rg BT 145.61 500.85 Td (will ) Tj ET Q q 0 0 0 rg BT 167.94 500.85 Td (assume ) Tj ET Q q 0 0 0 rg BT 205.53 500.85 Td (the ) Tj ET Q q 0 0 0 rg BT 224.18 500.85 Td (duties ) Tj ET Q q 0 0 0 rg BT 255.67 500.85 Td (of ) Tj ET Q q 0 0 0 rg BT 270.04 500.85 Td (principal ) Tj ET Q q 0 0 0 rg BT 314.35 500.85 Td (financial ) Tj ET Q q 0 0 0 rg BT 358.04 500.85 Td (of) Tj ET Q q 0 0 0 rg BT 367.01 500.85 Td (ficer ) Tj ET Q q 0 0 0 rg BT 392.37 500.85 Td (for ) Tj ET Q q 0 0 0 rg BT 410.41 500.85 Td (purposes ) Tj ET Q q 0 0 0 rg BT 454.73 500.85 Td (of ) Tj ET Q q 0 0 0 rg BT 469.10 500.85 Td (financial ) Tj ET Q q 0 0 0 rg BT 512.79 500.85 Td (filings ) Tj ET Q q 0 0 0 rg BT 546.12 500.85 Td (and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 487.65 Td (certifications.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 463.45 Td (W) Tj ET Q q 0 0 0 rg BT 77.94 463.45 Td (illiam ) Tj ET Q q 0 0 0 rg BT 108.79 463.45 Td (Boor) Tj ET Q q 0 0 0 rg BT 130.35 463.45 Td (, ) Tj ET Q q 0 0 0 rg BT 138.29 463.45 Td (Chairman ) Tj ET Q q 0 0 0 rg BT 186.85 463.45 Td (of ) Tj ET Q q 0 0 0 rg BT 201.20 463.45 Td (the ) Tj ET Q q 0 0 0 rg BT 219.82 463.45 Td (Company's ) Tj ET Q q 0 0 0 rg BT 272.90 463.45 Td (Audit ) Tj ET Q q 0 0 0 rg BT 303.14 463.45 Td (Committee, ) Tj ET Q q 0 0 0 rg BT 359.96 463.45 Td (a ) Tj ET Q q 0 0 0 rg BT 370.03 463.45 Td (member ) Tj ET Q q 0 0 0 rg BT 411.25 463.45 Td (of ) Tj ET Q q 0 0 0 rg BT 425.60 463.45 Td (the ) Tj ET Q q 0 0 0 rg BT 444.23 463.45 Td (Company's ) Tj ET Q q 0 0 0 rg BT 498.45 463.45 Td (Compensation ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 450.25 Td (Committee ) Tj ET Q q 0 0 0 rg BT 100.52 450.25 Td (and ) Tj ET Q q 0 0 0 rg BT 118.04 450.25 Td (an ) Tj ET Q q 0 0 0 rg BT 130.06 450.25 Td (independent ) Tj ET Q q 0 0 0 rg BT 185.45 450.25 Td (member ) Tj ET Q q 0 0 0 rg BT 223.13 450.25 Td (of ) Tj ET Q q 0 0 0 rg BT 233.93 450.25 Td (the ) Tj ET Q q 0 0 0 rg BT 249.00 450.25 Td (Board ) Tj ET Q q 0 0 0 rg BT 277.52 450.25 Td (since ) Tj ET Q q 0 0 0 rg BT 301.76 450.25 Td (July ) Tj ET Q q 0 0 0 rg BT 321.74 450.25 Td (2008, ) Tj ET Q q 0 0 0 rg BT 348.12 450.25 Td (will ) Tj ET Q q 0 0 0 rg BT 366.87 450.25 Td (assume ) Tj ET Q q 0 0 0 rg BT 400.89 450.25 Td (the ) Tj ET Q q 0 0 0 rg BT 415.97 450.25 Td (duties ) Tj ET Q q 0 0 0 rg BT 443.88 450.25 Td (of ) Tj ET Q q 0 0 0 rg BT 454.68 450.25 Td (non-executive ) Tj ET Q q 0 0 0 rg BT 518.62 450.25 Td (Chairman ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 437.05 Td (of ) Tj ET Q q 0 0 0 rg BT 61.91 437.05 Td (the ) Tj ET Q q 0 0 0 rg BT 78.10 437.05 Td (Board. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 412.85 Td (Daniel ) Tj ET Q q 0 0 0 rg BT 99.68 412.85 Td (Urness ) Tj ET Q q 0 0 0 rg BT 132.60 412.85 Td (has ) Tj ET Q q 0 0 0 rg BT 149.62 412.85 Td (worked ) Tj ET Q q 0 0 0 rg BT 184.97 412.85 Td (for ) Tj ET Q q 0 0 0 rg BT 200.16 412.85 Td (and ) Tj ET Q q 0 0 0 rg BT 218.40 412.85 Td (on ) Tj ET Q q 0 0 0 rg BT 231.77 412.85 Td (behalf ) Tj ET Q q 0 0 0 rg BT 261.61 412.85 Td (of ) Tj ET Q q 0 0 0 rg BT 273.14 412.85 Td (the ) Tj ET Q q 0 0 0 rg BT 288.94 412.85 Td (Company ) Tj ET Q q 0 0 0 rg BT 334.07 412.85 Td (for ) Tj ET Q q 0 0 0 rg BT 349.26 412.85 Td (nearly ) Tj ET Q q 0 0 0 rg BT 379.11 412.85 Td (20 ) Tj ET Q q 0 0 0 rg BT 392.47 412.85 Td (years ) Tj ET Q q 0 0 0 rg BT 418.04 412.85 Td (in ) Tj ET Q q 0 0 0 rg BT 428.96 412.85 Td (numerous ) Tj ET Q q 0 0 0 rg BT 474.70 412.85 Td (leadership ) Tj ET Q q 0 0 0 rg BT 522.27 412.85 Td (positions ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 399.65 Td (and ) Tj ET Q q 0 0 0 rg BT 68.69 399.65 Td (has ) Tj ET Q q 0 0 0 rg BT 86.16 399.65 Td (long ) Tj ET Q q 0 0 0 rg BT 108.52 399.65 Td (been ) Tj ET Q q 0 0 0 rg BT 132.09 399.65 Td (part ) Tj ET Q q 0 0 0 rg BT 151.99 399.65 Td (of ) Tj ET Q q 0 0 0 rg BT 163.96 399.65 Td (the ) Tj ET Q q 0 0 0 rg BT 180.21 399.65 Td (Company) Tj ET Q q 0 0 0 rg BT 226.04 399.65 Td (s ) Tj ET Q q 0 0 0 rg BT 233.12 399.65 Td (Chief ) Tj ET Q q 0 0 0 rg BT 260.37 399.65 Td (Executive ) Tj ET Q q 0 0 0 rg BT 307.15 399.65 Td (Of) Tj ET Q q 0 0 0 rg BT 318.56 399.65 Td (ficer ) Tj ET Q q 0 0 0 rg BT 341.51 399.65 Td (succession ) Tj ET Q q 0 0 0 rg BT 391.36 399.65 Td (plan. ) Tj ET Q q 0 0 0 rg BT 415.85 399.65 Td (Most ) Tj ET Q q 0 0 0 rg BT 441.28 399.65 Td (recently) Tj ET Q q 0 0 0 rg BT 475.99 399.65 Td (, ) Tj ET Q q 0 0 0 rg BT 481.54 399.65 Td (Mr) Tj ET Q q 0 0 0 rg BT 494.38 399.65 Td (. ) Tj ET Q q 0 0 0 rg BT 499.93 399.65 Td (Urness ) Tj ET Q q 0 0 0 rg BT 533.29 399.65 Td (served ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 386.45 Td (as ) Tj ET Q q 0 0 0 rg BT 61.50 386.45 Td (Cavco's ) Tj ET Q q 0 0 0 rg BT 98.21 386.45 Td (Executive ) Tj ET Q q 0 0 0 rg BT 144.36 386.45 Td (V) Tj ET Q q 0 0 0 rg BT 151.64 386.45 Td (ice ) Tj ET Q q 0 0 0 rg BT 166.80 386.45 Td (President, ) Tj ET Q q 0 0 0 rg BT 212.83 386.45 Td (Chief ) Tj ET Q q 0 0 0 rg BT 239.61 386.45 Td (Financial ) Tj ET Q q 0 0 0 rg BT 282.88 386.45 Td (Of) Tj ET Q q 0 0 0 rg BT 294.29 386.45 Td (ficer ) Tj ET Q q 0 0 0 rg BT 316.78 386.45 Td (and ) Tj ET Q q 0 0 0 rg BT 334.83 386.45 Td (T) Tj ET Q q 0 0 0 rg BT 341.17 386.45 Td (reasurer ) Tj ET Q q 0 0 0 rg BT 378.92 386.45 Td (until ) Tj ET Q q 0 0 0 rg BT 400.91 386.45 Td (August ) Tj ET Q q 0 0 0 rg BT 435.04 386.45 Td (2018, ) Tj ET Q q 0 0 0 rg BT 462.13 386.45 Td (when ) Tj ET Q q 0 0 0 rg BT 488.29 386.45 Td (he ) Tj ET Q q 0 0 0 rg BT 501.02 386.45 Td (resigned ) Tj ET Q q 0 0 0 rg BT 540.62 386.45 Td (from ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 373.25 Td (that ) Tj ET Q q 0 0 0 rg BT 68.20 373.25 Td (position ) Tj ET Q q 0 0 0 rg BT 105.36 373.25 Td (to ) Tj ET Q q 0 0 0 rg BT 115.63 373.25 Td (work ) Tj ET Q q 0 0 0 rg BT 139.94 373.25 Td (more ) Tj ET Q q 0 0 0 rg BT 164.26 373.25 Td (closely ) Tj ET Q q 0 0 0 rg BT 197.12 373.25 Td (with ) Tj ET Q q 0 0 0 rg BT 218.39 373.25 Td (the ) Tj ET Q q 0 0 0 rg BT 233.54 373.25 Td (Company's ) Tj ET Q q 0 0 0 rg BT 284.28 373.25 Td (home ) Tj ET Q q 0 0 0 rg BT 310.43 373.25 Td (building ) Tj ET Q q 0 0 0 rg BT 348.81 373.25 Td (production ) Tj ET Q q 0 0 0 rg BT 398.18 373.25 Td (facilities ) Tj ET Q q 0 0 0 rg BT 437.76 373.25 Td (to ) Tj ET Q q 0 0 0 rg BT 448.02 373.25 Td (gain ) Tj ET Q q 0 0 0 rg BT 468.67 373.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 514.37 373.25 Td (experience ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 360.05 Td (as ) Tj ET Q q 0 0 0 rg BT 62.29 360.05 Td (part ) Tj ET Q q 0 0 0 rg BT 82.52 360.05 Td (of ) Tj ET Q q 0 0 0 rg BT 94.82 360.05 Td (the ) Tj ET Q q 0 0 0 rg BT 111.39 360.05 Td (Company's ) Tj ET Q q 0 0 0 rg BT 163.55 360.05 Td (succession ) Tj ET Q q 0 0 0 rg BT 213.73 360.05 Td (planning ) Tj ET Q q 0 0 0 rg BT 255.35 360.05 Td (ef) Tj ET Q q 0 0 0 rg BT 263.70 360.05 Td (forts. ) Tj ET Q q 0 0 0 rg BT 289.05 360.05 Td (As ) Tj ET Q q 0 0 0 rg BT 304.41 360.05 Td (Executive ) Tj ET Q q 0 0 0 rg BT 351.29 360.05 Td (V) Tj ET Q q 0 0 0 rg BT 358.57 360.05 Td (ice ) Tj ET Q q 0 0 0 rg BT 374.52 360.05 Td (President, ) Tj ET Q q 0 0 0 rg BT 421.34 360.05 Td (Mr) Tj ET Q q 0 0 0 rg BT 434.18 360.05 Td (. ) Tj ET Q q 0 0 0 rg BT 440.06 360.05 Td (Urness ) Tj ET Q q 0 0 0 rg BT 473.74 360.05 Td (played ) Tj ET Q q 0 0 0 rg BT 506.19 360.05 Td (a ) Tj ET Q q 0 0 0 rg BT 514.20 360.05 Td (key ) Tj ET Q q 0 0 0 rg BT 533.21 360.05 Td (role ) Tj ET Q q 0 0 0 rg BT 553.45 360.05 Td (in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 346.85 Td (advancing ) Tj ET Q q 0 0 0 rg BT 97.95 346.85 Td (Cavco's ) Tj ET Q q 0 0 0 rg BT 135.07 346.85 Td (operational ) Tj ET Q q 0 0 0 rg BT 187.30 346.85 Td (initiatives, ) Tj ET Q q 0 0 0 rg BT 236.18 346.85 Td (which ) Tj ET Q q 0 0 0 rg BT 265.81 346.85 Td (established ) Tj ET Q q 0 0 0 rg BT 317.44 346.85 Td (the ) Tj ET Q q 0 0 0 rg BT 333.63 346.85 Td (foundation ) Tj ET Q q 0 0 0 rg BT 384.03 346.85 Td (for ) Tj ET Q q 0 0 0 rg BT 399.61 346.85 Td (the ) Tj ET Q q 0 0 0 rg BT 415.80 346.85 Td (Company's ) Tj ET Q q 0 0 0 rg BT 467.59 346.85 Td (successes.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 322.65 Td ("The ) Tj ET Q q 0 0 0 rg BT 92.65 322.65 Td (Board ) Tj ET Q q 0 0 0 rg BT 122.58 322.65 Td (fully ) Tj ET Q q 0 0 0 rg BT 146.41 322.65 Td (supports ) Tj ET Q q 0 0 0 rg BT 186.75 322.65 Td (Cavco's ) Tj ET Q q 0 0 0 rg BT 224.16 322.65 Td (current ) Tj ET Q q 0 0 0 rg BT 258.36 322.65 Td (strategy ) Tj ET Q q 0 0 0 rg BT 296.24 322.65 Td (and ) Tj ET Q q 0 0 0 rg BT 315.17 322.65 Td (is ) Tj ET Q q 0 0 0 rg BT 325.56 322.65 Td (confident ) Tj ET Q q 0 0 0 rg BT 370.16 322.65 Td (that ) Tj ET Q q 0 0 0 rg BT 389.71 322.65 Td (Dan ) Tj ET Q q 0 0 0 rg BT 411.09 322.65 Td (Urness ) Tj ET Q q 0 0 0 rg BT 444.69 322.65 Td (is ) Tj ET Q q 0 0 0 rg BT 455.08 322.65 Td (the ) Tj ET Q q 0 0 0 rg BT 471.57 322.65 Td (right ) Tj ET Q q 0 0 0 rg BT 495.40 322.65 Td (person ) Tj ET Q q 0 0 0 rg BT 527.78 322.65 Td (to ) Tj ET Q q 0 0 0 rg BT 539.39 322.65 Td (build ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 309.45 Td (on ) Tj ET Q q 0 0 0 rg BT 63.92 309.45 Td (our ) Tj ET Q q 0 0 0 rg BT 81.49 309.45 Td (Company's ) Tj ET Q q 0 0 0 rg BT 133.45 309.45 Td (success," ) Tj ET Q q 0 0 0 rg BT 176.59 309.45 Td (commented ) Tj ET Q q 0 0 0 rg BT 230.82 309.45 Td (Mr) Tj ET Q q 0 0 0 rg BT 243.66 309.45 Td (. ) Tj ET Q q 0 0 0 rg BT 249.32 309.45 Td (Boor) Tj ET Q q 0 0 0 rg BT 270.72 309.45 Td (. ) Tj ET Q q 0 0 0 rg BT 276.38 309.45 Td ("W) Tj ET Q q 0 0 0 rg BT 290.37 309.45 Td (e ) Tj ET Q q 0 0 0 rg BT 298.17 309.45 Td (are ) Tj ET Q q 0 0 0 rg BT 314.51 309.45 Td (fortunate ) Tj ET Q q 0 0 0 rg BT 357.13 309.45 Td (to ) Tj ET Q q 0 0 0 rg BT 368.60 309.45 Td (have ) Tj ET Q q 0 0 0 rg BT 392.28 309.45 Td (Dan ) Tj ET Q q 0 0 0 rg BT 413.52 309.45 Td (return ) Tj ET Q q 0 0 0 rg BT 442.70 309.45 Td (to ) Tj ET Q q 0 0 0 rg BT 454.17 309.45 Td (our ) Tj ET Q q 0 0 0 rg BT 471.75 309.45 Td (executive ) Tj ET Q q 0 0 0 rg BT 516.81 309.45 Td (leadership ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 296.25 Td (team ) Tj ET Q q 0 0 0 rg BT 74.13 296.25 Td (as ) Tj ET Q q 0 0 0 rg BT 86.04 296.25 Td (our ) Tj ET Q q 0 0 0 rg BT 103.45 296.25 Td (new ) Tj ET Q q 0 0 0 rg BT 124.53 296.25 Td (President ) Tj ET Q q 0 0 0 rg BT 168.22 296.25 Td (and ) Tj ET Q q 0 0 0 rg BT 186.24 296.25 Td (Acting ) Tj ET Q q 0 0 0 rg BT 218.93 296.25 Td (Chief ) Tj ET Q q 0 0 0 rg BT 246.12 296.25 Td (Executive ) Tj ET Q q 0 0 0 rg BT 292.85 296.25 Td (Of) Tj ET Q q 0 0 0 rg BT 304.26 296.25 Td (ficer) Tj ET Q q 0 0 0 rg BT 323.96 296.25 Td (," ) Tj ET Q q 0 0 0 rg BT 333.95 296.25 Td (he ) Tj ET Q q 0 0 0 rg BT 347.09 296.25 Td (added.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 272.05 Td (Joseph ) Tj ET Q q 0 0 0 rg BT 101.24 272.05 Td (Stegmayer) Tj ET Q q 0 0 0 rg BT 147.84 272.05 Td (, ) Tj ET Q q 0 0 0 rg BT 153.89 272.05 Td (former ) Tj ET Q q 0 0 0 rg BT 187.11 272.05 Td (Chairman, ) Tj ET Q q 0 0 0 rg BT 236.53 272.05 Td (President ) Tj ET Q q 0 0 0 rg BT 280.77 272.05 Td (and ) Tj ET Q q 0 0 0 rg BT 299.95 272.05 Td (Chief ) Tj ET Q q 0 0 0 rg BT 327.68 272.05 Td (Executive ) Tj ET Q q 0 0 0 rg BT 374.96 272.05 Td (Of) Tj ET Q q 0 0 0 rg BT 386.37 272.05 Td (ficer) Tj ET Q q 0 0 0 rg BT 406.07 272.05 Td (, ) Tj ET Q q 0 0 0 rg BT 412.12 272.05 Td (commented ) Tj ET Q q 0 0 0 rg BT 466.73 272.05 Td (that ) Tj ET Q q 0 0 0 rg BT 486.52 272.05 Td ("Dan ) Tj ET Q q 0 0 0 rg BT 512.63 272.05 Td (Urness ) Tj ET Q q 0 0 0 rg BT 546.48 272.05 Td (is ) Tj ET Q q 0 0 0 rg BT 557.11 272.05 Td (a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 258.85 Td (great ) Tj ET Q q 0 0 0 rg BT 74.62 258.85 Td (choice ) Tj ET Q q 0 0 0 rg BT 105.95 258.85 Td (to ) Tj ET Q q 0 0 0 rg BT 117.14 258.85 Td (lead ) Tj ET Q q 0 0 0 rg BT 138.09 258.85 Td (Cavco. ) Tj ET Q q 0 0 0 rg BT 171.57 258.85 Td (He ) Tj ET Q q 0 0 0 rg BT 187.03 258.85 Td (is ) Tj ET Q q 0 0 0 rg BT 197.00 258.85 Td (a ) Tj ET Q q 0 0 0 rg BT 204.52 258.85 Td (strong ) Tj ET Q q 0 0 0 rg BT 234.65 258.85 Td (leader) Tj ET Q q 0 0 0 rg BT 261.07 258.85 Td (, ) Tj ET Q q 0 0 0 rg BT 266.46 258.85 Td (with ) Tj ET Q q 0 0 0 rg BT 288.64 258.85 Td (the ) Tj ET Q q 0 0 0 rg BT 304.71 258.85 Td (ability ) Tj ET Q q 0 0 0 rg BT 335.45 258.85 Td (to ) Tj ET Q q 0 0 0 rg BT 346.64 258.85 Td (connect ) Tj ET Q q 0 0 0 rg BT 383.48 258.85 Td (with ) Tj ET Q q 0 0 0 rg BT 405.66 258.85 Td (customers, ) Tj ET Q q 0 0 0 rg BT 455.65 258.85 Td (partners ) Tj ET Q q 0 0 0 rg BT 493.71 258.85 Td (and ) Tj ET Q q 0 0 0 rg BT 512.22 258.85 Td (teammates. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 245.65 Td (His ) Tj ET Q q 0 0 0 rg BT 69.21 245.65 Td (institutional ) Tj ET Q q 0 0 0 rg BT 125.70 245.65 Td (knowledge ) Tj ET Q q 0 0 0 rg BT 177.89 245.65 Td (of ) Tj ET Q q 0 0 0 rg BT 190.98 245.65 Td (our ) Tj ET Q q 0 0 0 rg BT 209.57 245.65 Td (Company ) Tj ET Q q 0 0 0 rg BT 256.28 245.65 Td (and ) Tj ET Q q 0 0 0 rg BT 276.09 245.65 Td (significant ) Tj ET Q q 0 0 0 rg BT 326.45 245.65 Td (industry ) Tj ET Q q 0 0 0 rg BT 366.44 245.65 Td (experience ) Tj ET Q q 0 0 0 rg BT 418.00 245.65 Td (will ) Tj ET Q q 0 0 0 rg BT 439.04 245.65 Td (ensure ) Tj ET Q q 0 0 0 rg BT 471.68 245.65 Td (a ) Tj ET Q q 0 0 0 rg BT 480.49 245.65 Td (smooth ) Tj ET Q q 0 0 0 rg BT 516.81 245.65 Td (leadership ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 232.45 Td (transition. ) Tj ET Q q 0 0 0 rg BT 97.05 232.45 Td (I ) Tj ET Q q 0 0 0 rg BT 103.46 232.45 Td (look ) Tj ET Q q 0 0 0 rg BT 125.77 232.45 Td (forward ) Tj ET Q q 0 0 0 rg BT 163.34 232.45 Td (to ) Tj ET Q q 0 0 0 rg BT 174.64 232.45 Td (continuing ) Tj ET Q q 0 0 0 rg BT 224.44 232.45 Td (to ) Tj ET Q q 0 0 0 rg BT 235.75 232.45 Td (serve ) Tj ET Q q 0 0 0 rg BT 261.71 232.45 Td (the ) Tj ET Q q 0 0 0 rg BT 277.90 232.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 323.42 232.45 Td (in ) Tj ET Q q 0 0 0 rg BT 334.73 232.45 Td (my ) Tj ET Q q 0 0 0 rg BT 351.53 232.45 Td (new ) Tj ET Q q 0 0 0 rg BT 372.61 232.45 Td (role.") Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 208.25 Td (The ) Tj ET Q q 0 0 0 rg BT 88.25 208.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 134.18 208.25 Td (also ) Tj ET Q q 0 0 0 rg BT 155.05 208.25 Td (announced ) Tj ET Q q 0 0 0 rg BT 205.85 208.25 Td (that ) Tj ET Q q 0 0 0 rg BT 225.49 208.25 Td (it ) Tj ET Q q 0 0 0 rg BT 234.76 208.25 Td (had ) Tj ET Q q 0 0 0 rg BT 253.79 208.25 Td (received ) Tj ET Q q 0 0 0 rg BT 294.19 208.25 Td (a ) Tj ET Q q 0 0 0 rg BT 302.23 208.25 Td (subpoena ) Tj ET Q q 0 0 0 rg BT 346.92 208.25 Td (from ) Tj ET Q q 0 0 0 rg BT 371.46 208.25 Td (the ) Tj ET Q q 0 0 0 rg BT 388.05 208.25 Td (Securities ) Tj ET Q q 0 0 0 rg BT 434.57 208.25 Td (and ) Tj ET Q q 0 0 0 rg BT 453.61 208.25 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 500.13 208.25 Td (Commission's ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 195.05 Td (Division ) Tj ET Q q 0 0 0 rg BT 90.27 195.05 Td (of ) Tj ET Q q 0 0 0 rg BT 101.82 195.05 Td (Enforcement ) Tj ET Q q 0 0 0 rg BT 161.00 195.05 Td (\("SEC"\) ) Tj ET Q q 0 0 0 rg BT 199.86 195.05 Td (requesting ) Tj ET Q q 0 0 0 rg BT 248.07 195.05 Td (certain ) Tj ET Q q 0 0 0 rg BT 280.37 195.05 Td (documents ) Tj ET Q q 0 0 0 rg BT 330.41 195.05 Td (relating ) Tj ET Q q 0 0 0 rg BT 366.39 195.05 Td (to, ) Tj ET Q q 0 0 0 rg BT 380.07 195.05 Td (among ) Tj ET Q q 0 0 0 rg BT 412.39 195.05 Td (other ) Tj ET Q q 0 0 0 rg BT 437.37 195.05 Td (items, ) Tj ET Q q 0 0 0 rg BT 466.34 195.05 Td (trading ) Tj ET Q q 0 0 0 rg BT 499.88 195.05 Td (of ) Tj ET Q q 0 0 0 rg BT 511.42 195.05 Td (the ) Tj ET Q q 0 0 0 rg BT 527.24 195.05 Td (stock ) Tj ET Q q 0 0 0 rg BT 552.84 195.05 Td (of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 181.85 Td (another ) Tj ET Q q 0 0 0 rg BT 86.24 181.85 Td (public ) Tj ET Q q 0 0 0 rg BT 116.98 181.85 Td (company) Tj ET Q q 0 0 0 rg BT 156.59 181.85 Td (. ) Tj ET Q q 0 0 0 rg BT 162.59 181.85 Td (Subsequent ) Tj ET Q q 0 0 0 rg BT 216.56 181.85 Td (to ) Tj ET Q q 0 0 0 rg BT 228.37 181.85 Td (sending ) Tj ET Q q 0 0 0 rg BT 265.84 181.85 Td (the ) Tj ET Q q 0 0 0 rg BT 282.54 181.85 Td (Company ) Tj ET Q q 0 0 0 rg BT 328.56 181.85 Td (a ) Tj ET Q q 0 0 0 rg BT 336.70 181.85 Td (subpoena, ) Tj ET Q q 0 0 0 rg BT 384.25 181.85 Td (the ) Tj ET Q q 0 0 0 rg BT 400.94 181.85 Td (SEC ) Tj ET Q q 0 0 0 rg BT 424.36 181.85 Td (sent ) Tj ET Q q 0 0 0 rg BT 445.33 181.85 Td (a ) Tj ET Q q 0 0 0 rg BT 453.47 181.85 Td (subpoena ) Tj ET Q q 0 0 0 rg BT 498.27 181.85 Td (for ) Tj ET Q q 0 0 0 rg BT 514.35 181.85 Td (documents ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 168.60 Td (and ) Tj ET Q q 0 0 0 rg BT 68.00 168.60 Td (testimony ) Tj ET Q q 0 0 0 rg BT 113.51 168.60 Td (to ) Tj ET Q q 0 0 0 rg BT 124.18 168.60 Td (Joseph ) Tj ET Q q 0 0 0 rg BT 156.24 168.60 Td (Stegmayer) Tj ET Q q 0 0 0 rg BT 202.84 168.60 Td (, ) Tj ET Q q 0 0 0 rg BT 207.71 168.60 Td (regarding ) Tj ET Q q 0 0 0 rg BT 251.97 168.60 Td (similar ) Tj ET Q q 0 0 0 rg BT 284.64 168.60 Td (issues. ) Tj ET Q q 0 0 0 rg BT 315.79 168.60 Td ( ) Tj ET Q q 0 0 0 rg BT 317.75 168.60 Td (The ) Tj ET Q q 0 0 0 rg BT 336.97 168.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 381.87 168.60 Td (has ) Tj ET Q q 0 0 0 rg BT 398.65 168.60 Td (initiated ) Tj ET Q q 0 0 0 rg BT 436.81 168.60 Td (an ) Tj ET Q q 0 0 0 rg BT 449.31 168.60 Td (independent ) Tj ET Q q 0 0 0 rg BT 505.19 168.60 Td (investigation ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 155.40 Td (and ) Tj ET Q q 0 0 0 rg BT 68.94 155.40 Td (intends ) Tj ET Q q 0 0 0 rg BT 103.77 155.40 Td (to ) Tj ET Q q 0 0 0 rg BT 115.38 155.40 Td (cooperate ) Tj ET Q q 0 0 0 rg BT 161.18 155.40 Td (fully ) Tj ET Q q 0 0 0 rg BT 185.01 155.40 Td (with ) Tj ET Q q 0 0 0 rg BT 207.62 155.40 Td (the ) Tj ET Q q 0 0 0 rg BT 224.11 155.40 Td (SEC's ) Tj ET Q q 0 0 0 rg BT 253.60 155.40 Td (investigation. ) Tj ET Q q 0 0 0 rg BT 316.23 155.40 Td (Please ) Tj ET Q q 0 0 0 rg BT 347.38 155.40 Td (see ) Tj ET Q q 0 0 0 rg BT 364.48 155.40 Td (Part ) Tj ET Q q 0 0 0 rg BT 385.26 155.40 Td (II, ) Tj ET Q q 0 0 0 rg BT 398.39 155.40 Td (Item ) Tj ET Q q 0 0 0 rg BT 421.60 155.40 Td (1, ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 432.90 155.40 Td (Legal ) Tj ET Q q 0 0 0 rg BT 461.01 155.40 Td (Pr) Tj ET Q q 0 0 0 rg BT 471.60 155.40 Td (oceedings) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 515.59 155.40 Td ( ) Tj ET Q q 0 0 0 rg BT 518.64 155.40 Td (section ) Tj ET Q q 0 0 0 rg BT 552.85 155.40 Td (of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 142.20 Td (the ) Tj ET Q q 0 0 0 rg BT 66.08 142.20 Td (Company's ) Tj ET Q q 0 0 0 rg BT 117.76 142.20 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 160.10 142.20 Td (report ) Tj ET Q q 0 0 0 rg BT 189.01 142.20 Td (on ) Tj ET Q q 0 0 0 rg BT 202.65 142.20 Td (Form ) Tj ET Q q 0 0 0 rg BT 229.13 142.20 Td (10-Q ) Tj ET Q q 0 0 0 rg BT 254.38 142.20 Td (for ) Tj ET Q q 0 0 0 rg BT 269.84 142.20 Td (the ) Tj ET Q q 0 0 0 rg BT 285.92 142.20 Td (period ) Tj ET Q q 0 0 0 rg BT 316.67 142.20 Td (ended ) Tj ET Q q 0 0 0 rg BT 345.57 142.20 Td (September ) Tj ET Q q 0 0 0 rg BT 395.25 142.20 Td (29, ) Tj ET Q q 0 0 0 rg BT 411.64 142.20 Td (2018, ) Tj ET Q q 0 0 0 rg BT 439.03 142.20 Td (filed ) Tj ET Q q 0 0 0 rg BT 461.83 142.20 Td (with ) Tj ET Q q 0 0 0 rg BT 484.03 142.20 Td (the ) Tj ET Q q 0 0 0 rg BT 500.11 142.20 Td (Securities ) Tj ET Q q 0 0 0 rg BT 546.13 142.20 Td (and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 129.00 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 95.27 129.00 Td (Commission ) Tj ET Q q 0 0 0 rg BT 152.80 129.00 Td (contemporaneously ) Tj ET Q q 0 0 0 rg BT 240.85 129.00 Td (with ) Tj ET Q q 0 0 0 rg BT 262.31 129.00 Td (the ) Tj ET Q q 0 0 0 rg BT 277.65 129.00 Td (issuance ) Tj ET Q q 0 0 0 rg BT 316.82 129.00 Td (of ) Tj ET Q q 0 0 0 rg BT 327.89 129.00 Td (this ) Tj ET Q q 0 0 0 rg BT 345.69 129.00 Td (press ) Tj ET Q q 0 0 0 rg BT 370.20 129.00 Td (release, ) Tj ET Q q 0 0 0 rg BT 405.39 129.00 Td (for ) Tj ET Q q 0 0 0 rg BT 420.12 129.00 Td (additional ) Tj ET Q q 0 0 0 rg BT 466.01 129.00 Td (information ) Tj ET Q q 0 0 0 rg BT 519.85 129.00 Td (regarding ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 115.80 Td (this ) Tj ET Q q 0 0 0 rg BT 68.64 115.80 Td (matter) Tj ET Q q 0 0 0 rg BT 96.13 115.80 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 91.60 Td (Mr) Tj ET Q q 0 0 0 rg BT 80.84 91.60 Td (. ) Tj ET Q q 0 0 0 rg BT 85.23 91.60 Td (Stegmayer ) Tj ET Q q 0 0 0 rg BT 133.90 91.60 Td (stepped ) Tj ET Q q 0 0 0 rg BT 169.14 91.60 Td (down ) Tj ET Q q 0 0 0 rg BT 195.23 91.60 Td (from ) Tj ET Q q 0 0 0 rg BT 218.25 91.60 Td (his ) Tj ET Q q 0 0 0 rg BT 232.72 91.60 Td (position ) Tj ET Q q 0 0 0 rg BT 269.81 91.60 Td (as ) Tj ET Q q 0 0 0 rg BT 280.61 91.60 Td (Chairman, ) Tj ET Q q 0 0 0 rg BT 328.37 91.60 Td (President ) Tj ET Q q 0 0 0 rg BT 370.95 91.60 Td (and ) Tj ET Q q 0 0 0 rg BT 388.47 91.60 Td (Chief ) Tj ET Q q 0 0 0 rg BT 414.55 91.60 Td (Executive ) Tj ET Q q 0 0 0 rg BT 460.17 91.60 Td (Of) Tj ET Q q 0 0 0 rg BT 471.57 91.60 Td (ficer ) Tj ET Q q 0 0 0 rg BT 493.36 91.60 Td (of ) Tj ET Q q 0 0 0 rg BT 504.16 91.60 Td (the ) Tj ET Q q 0 0 0 rg BT 519.24 91.60 Td (Company ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 78.40 Td (after ) Tj ET Q q 0 0 0 rg BT 71.98 78.40 Td (an ) Tj ET Q q 0 0 0 rg BT 84.20 78.40 Td (internal ) Tj ET Q q 0 0 0 rg BT 119.64 78.40 Td (investigation, ) Tj ET Q q 0 0 0 rg BT 181.05 78.40 Td (conducted ) Tj ET Q q 0 0 0 rg BT 228.09 78.40 Td (by ) Tj ET Q q 0 0 0 rg BT 240.93 78.40 Td (independent ) Tj ET Q q 0 0 0 rg BT 296.52 78.40 Td (legal ) Tj ET Q q 0 0 0 rg BT 319.74 78.40 Td (counsel, ) Tj ET Q q 0 0 0 rg BT 357.92 78.40 Td (identified ) Tj ET Q q 0 0 0 rg BT 401.91 78.40 Td (certain ) Tj ET Q q 0 0 0 rg BT 433.67 78.40 Td (violations ) Tj ET Q q 0 0 0 rg BT 478.90 78.40 Td (of ) Tj ET Q q 0 0 0 rg BT 489.90 78.40 Td (Company ) Tj ET Q q 0 0 0 rg BT 534.51 78.40 Td (policy ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 65.20 Td (related ) Tj ET Q q 0 0 0 rg BT 82.64 65.20 Td (to ) Tj ET Q q 0 0 0 rg BT 93.91 65.20 Td (securities ) Tj ET Q q 0 0 0 rg BT 138.16 65.20 Td (trading ) Tj ET Q q 0 0 0 rg BT 172.03 65.20 Td (activities ) Tj ET Q q 0 0 0 rg BT 214.45 65.20 Td (conducted ) Tj ET Q q 0 0 0 rg BT 262.37 65.20 Td (by ) Tj ET Q q 0 0 0 rg BT 276.08 65.20 Td (Mr) Tj ET Q q 0 0 0 rg BT 288.92 65.20 Td (. ) Tj ET Q q 0 0 0 rg BT 294.39 65.20 Td (Stegmayer) Tj ET Q q 0 0 0 rg BT 340.82 65.20 Td (. ) Tj ET Q q 0 0 0 rg BT 346.09 65.20 Td (The ) Tj ET Q q 0 0 0 rg BT 365.90 65.20 Td (Board's ) Tj ET Q q 0 0 0 rg BT 401.76 65.20 Td (decision ) Tj ET Q q 0 0 0 rg BT 441.13 65.20 Td (to ) Tj ET Q q 0 0 0 rg BT 452.40 65.20 Td (transition ) Tj ET Q q 0 0 0 rg BT 496.67 65.20 Td (Mr) Tj ET Q q 0 0 0 rg BT 509.50 65.20 Td (. ) Tj ET Q q 0 0 0 rg BT 514.97 65.20 Td (Stegmayer ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 52.00 Td (to ) Tj ET Q q 0 0 0 rg BT 61.31 52.00 Td (a ) Tj ET Q q 0 0 0 rg BT 68.94 52.00 Td (non-executive ) Tj ET Q q 0 0 0 rg BT 133.99 52.00 Td (role ) Tj ET Q q 0 0 0 rg BT 153.84 52.00 Td (allows ) Tj ET Q q 0 0 0 rg BT 185.31 52.00 Td (the ) Tj ET Q q 0 0 0 rg BT 201.50 52.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 247.03 52.00 Td (to ) Tj ET Q q 0 0 0 rg BT 258.33 52.00 Td (retain ) Tj ET Q q 0 0 0 rg BT 286.12 52.00 Td (his ) Tj ET Q q 0 0 0 rg BT 301.71 52.00 Td (deep ) Tj ET Q q 0 0 0 rg BT 325.23 52.00 Td (industry ) Tj ET Q q 0 0 0 rg BT 364.03 52.00 Td (and ) Tj ET Q q 0 0 0 rg BT 382.66 52.00 Td (operational ) Tj ET Q q 0 0 0 rg BT 434.89 52.00 Td (experience.) Tj ET Q /GS0 gs q 179.00 0 0 57.55 92.00 685.47 cm /I16 Do Q endstream endobj 141 0 obj <> endobj 142 0 obj <> stream BT /F1 11.00 Tf ET q 0 0 0 rg BT 68.00 741.40 Td ("The ) Tj ET Q q 0 0 0 rg BT 91.69 741.40 Td (Board ) Tj ET Q q 0 0 0 rg BT 120.68 741.40 Td (took ) Tj ET Q q 0 0 0 rg BT 142.34 741.40 Td (actions ) Tj ET Q q 0 0 0 rg BT 175.60 741.40 Td (that ) Tj ET Q q 0 0 0 rg BT 194.20 741.40 Td (it ) Tj ET Q q 0 0 0 rg BT 202.41 741.40 Td (believes ) Tj ET Q q 0 0 0 rg BT 240.56 741.40 Td (to ) Tj ET Q q 0 0 0 rg BT 251.22 741.40 Td (be ) Tj ET Q q 0 0 0 rg BT 263.70 741.40 Td (in ) Tj ET Q q 0 0 0 rg BT 274.36 741.40 Td (the ) Tj ET Q q 0 0 0 rg BT 289.90 741.40 Td (best ) Tj ET Q q 0 0 0 rg BT 309.72 741.40 Td (interest ) Tj ET Q q 0 0 0 rg BT 344.20 741.40 Td (of ) Tj ET Q q 0 0 0 rg BT 355.47 741.40 Td (the ) Tj ET Q q 0 0 0 rg BT 371.01 741.40 Td (Company ) Tj ET Q q 0 0 0 rg BT 415.89 741.40 Td (and ) Tj ET Q q 0 0 0 rg BT 433.88 741.40 Td (its ) Tj ET Q q 0 0 0 rg BT 446.37 741.40 Td (stakeholders," ) Tj ET Q q 0 0 0 rg BT 510.70 741.40 Td (commented ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 728.20 Td (Mr) Tj ET Q q 0 0 0 rg BT 62.84 728.20 Td (. ) Tj ET Q q 0 0 0 rg BT 68.34 728.20 Td (Boor) Tj ET Q q 0 0 0 rg BT 89.73 728.20 Td (. ) Tj ET Q q 0 0 0 rg BT 95.23 728.20 Td ("Cavco ) Tj ET Q q 0 0 0 rg BT 130.57 728.20 Td (remains ) Tj ET Q q 0 0 0 rg BT 168.14 728.20 Td (a ) Tj ET Q q 0 0 0 rg BT 175.77 728.20 Td (strong ) Tj ET Q q 0 0 0 rg BT 206.02 728.20 Td (Company ) Tj ET Q q 0 0 0 rg BT 251.55 728.20 Td (and ) Tj ET Q q 0 0 0 rg BT 270.18 728.20 Td (is ) Tj ET Q q 0 0 0 rg BT 280.27 728.20 Td (well ) Tj ET Q q 0 0 0 rg BT 301.96 728.20 Td (positioned ) Tj ET Q q 0 0 0 rg BT 350.54 728.20 Td (for ) Tj ET Q q 0 0 0 rg BT 366.12 728.20 Td (the ) Tj ET Q q 0 0 0 rg BT 382.30 728.20 Td (future ) Tj ET Q q 0 0 0 rg BT 411.32 728.20 Td (under ) Tj ET Q q 0 0 0 rg BT 439.11 728.20 Td (Dan's ) Tj ET Q q 0 0 0 rg BT 466.45 728.20 Td (leadership." ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 704.00 Td (Daniel Urness, Pr) Tj ET Q q 0 0 0 rg BT 132.60 704.00 Td (esident and ) Tj ET Q q 0 0 0 rg BT 188.23 704.00 Td (Acting Chief Executive Officer) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 678.80 Td (Mr) Tj ET Q q 0 0 0 rg BT 62.84 678.80 Td (. Urness, 50, was previously Cavco's Executive ) Tj ET Q q 0 0 0 rg BT 273.58 678.80 Td (V) Tj ET Q q 0 0 0 rg BT 280.86 678.80 Td (ice President, Chief Financial Of) Tj ET Q q 0 0 0 rg BT 425.15 678.80 Td (ficer and ) Tj ET Q q 0 0 0 rg BT 466.48 678.80 Td (T) Tj ET Q q 0 0 0 rg BT 472.81 678.80 Td (reasurer from ) Tj ET Q q 0 0 0 rg BT 534.50 678.80 Td (April ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 665.60 Td (2015 until ) Tj ET Q q 0 0 0 rg BT 97.06 665.60 Td (August 2018. Previously) Tj ET Q q 0 0 0 rg BT 205.43 665.60 Td (, Mr) Tj ET Q q 0 0 0 rg BT 223.77 665.60 Td (. Urness served as Cavco's ) Tj ET Q q 0 0 0 rg BT 342.86 665.60 Td (V) Tj ET Q q 0 0 0 rg BT 350.14 665.60 Td (ice President, Chief Financial Of) Tj ET Q q 0 0 0 rg BT 494.43 665.60 Td (ficer and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 652.40 Td (T) Tj ET Q q 0 0 0 rg BT 56.33 652.40 Td (reasurer from January 2006 to ) Tj ET Q q 0 0 0 rg BT 191.04 652.40 Td (April 2015 and as a director and/or of) Tj ET Q q 0 0 0 rg BT 356.71 652.40 Td (ficer of certain of Cavco's major subsidiaries, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 639.20 Td (including Palm Harbor Homes, Inc., Fleetwood Homes, Inc., CountryPlace ) Tj ET Q q 0 0 0 rg BT 382.69 639.20 Td (Acceptance Corp. and Standard ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 626.00 Td (Casualty Company) Tj ET Q q 0 0 0 rg BT 133.31 626.00 Td (. Mr) Tj ET Q q 0 0 0 rg BT 151.64 626.00 Td (. Urness was also Cavco's Interim Chief Financial Of) Tj ET Q q 0 0 0 rg BT 385.29 626.00 Td (ficer from ) Tj ET Q q 0 0 0 rg BT 431.71 626.00 Td (August 2005 to January ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 612.80 Td (2006, Corporate Controller from May 2005 to ) Tj ET Q q 0 0 0 rg BT 254.69 612.80 Td (August 2005, financial consultant to the Company from June 2002 to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 599.60 Td (May 2005 and Controller from May 1999 to June 2002. Prior to joining Cavco, Mr) Tj ET Q q 0 0 0 rg BT 414.19 599.60 Td (. Urness served as manager and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 586.40 Td (staf) Tj ET Q q 0 0 0 rg BT 65.68 586.40 Td (f at Deloitte & ) Tj ET Q q 0 0 0 rg BT 132.08 586.40 Td (T) Tj ET Q q 0 0 0 rg BT 138.03 586.40 Td (ouche LLP) Tj ET Q q 0 0 0 rg BT 186.19 586.40 Td ( for approximately six years. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 561.20 Td (Joshua Barsetti, Principal Financial Officer) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 536.00 Td (Mr) Tj ET Q q 0 0 0 rg BT 62.84 536.00 Td (. Barsetti, 38, has served as Cavco's Chief ) Tj ET Q q 0 0 0 rg BT 249.03 536.00 Td (Accounting Of) Tj ET Q q 0 0 0 rg BT 314.51 536.00 Td (ficer since ) Tj ET Q q 0 0 0 rg BT 362.15 536.00 Td (August 31, 2018. Previously) Tj ET Q q 0 0 0 rg BT 487.02 536.00 Td (, Mr) Tj ET Q q 0 0 0 rg BT 505.36 536.00 Td (. Barsetti ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 522.80 Td (served as the Company's Senior Director of Financial ) Tj ET Q q 0 0 0 rg BT 287.20 522.80 Td (Administration from ) Tj ET Q q 0 0 0 rg BT 380.09 522.80 Td (August 2017 to ) Tj ET Q q 0 0 0 rg BT 450.07 522.80 Td (August 2018 and as the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 509.60 Td (Company's Director of Internal ) Tj ET Q q 0 0 0 rg BT 189.44 509.60 Td (Audit from October 2014 to ) Tj ET Q q 0 0 0 rg BT 315.01 509.60 Td (August 2017. Prior to joining Cavco, he served as the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 496.40 Td (Director of Financial Reporting at Universal ) Tj ET Q q 0 0 0 rg BT 247.74 496.40 Td (T) Tj ET Q q 0 0 0 rg BT 253.69 496.40 Td (echnical Institute \("UTI"\) from November 2013 to October 2014 and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 483.20 Td (previously served as UTI's ) Tj ET Q q 0 0 0 rg BT 169.29 483.20 Td (Audit Manager and Senior ) Tj ET Q q 0 0 0 rg BT 288.43 483.20 Td (Audit Manager from May 201) Tj ET Q q 0 0 0 rg BT 421.22 483.20 Td (1 to November 2013. He held ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 470.00 Td (various internal audit positions at ) Tj ET Q q 0 0 0 rg BT 199.19 470.00 Td (V) Tj ET Q q 0 0 0 rg BT 206.48 470.00 Td (iad Corp. from September 2005 to May 201) Tj ET Q q 0 0 0 rg BT 399.15 470.00 Td (1, most recently as an Internal ) Tj ET Q q 0 0 0 rg BT 533.85 470.00 Td (Audit ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 456.80 Td (Manager) Tj ET Q q 0 0 0 rg BT 88.48 456.80 Td (. Mr) Tj ET Q q 0 0 0 rg BT 106.82 456.80 Td (. Barsetti holds a Bachelor's degree in ) Tj ET Q q 0 0 0 rg BT 274.98 456.80 Td (Accounting from Northern ) Tj ET Q q 0 0 0 rg BT 395.03 456.80 Td (Arizona University and is a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 443.60 Td (registered Certified Public ) Tj ET Q q 0 0 0 rg BT 168.22 443.60 Td (Accountant.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 418.40 Td (W) Tj ET Q q 0 0 0 rg BT 60.80 418.40 Td (illiam Boor) Tj ET Q q 0 0 0 rg BT 112.65 418.40 Td (, Chairman of the Board) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 393.20 Td (Mr) Tj ET Q q 0 0 0 rg BT 62.84 393.20 Td (. Boor is Chief Executive Of) Tj ET Q q 0 0 0 rg BT 188.50 393.20 Td (ficer of Great Lakes Brewing Company) Tj ET Q q 0 0 0 rg BT 362.19 393.20 Td (, a lar) Tj ET Q q 0 0 0 rg BT 386.73 393.20 Td (ge craft brewery in Cleveland, Ohio, a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 380.00 Td (position he has held since September 2015. From December 2014 to September 2015, Mr) Tj ET Q q 0 0 0 rg BT 443.79 380.00 Td (. Boor was principal of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 366.80 Td (MIB Holding Co LLC, a mining development company) Tj ET Q q 0 0 0 rg BT 294.92 366.80 Td (. From 2007 to 2014, Mr) Tj ET Q q 0 0 0 rg BT 403.40 366.80 Td (. Boor served in various executive ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 353.60 Td (positions with Clif) Tj ET Q q 0 0 0 rg BT 131.70 353.60 Td (fs Natural Resources, Inc. \("Clif) Tj ET Q q 0 0 0 rg BT 273.45 353.60 Td (fs"\), most recently serving as Executive ) Tj ET Q q 0 0 0 rg BT 450.94 353.60 Td (V) Tj ET Q q 0 0 0 rg BT 458.22 353.60 Td (ice President - ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 340.40 Td (Corporate Development and Chief Strategy/Risk Of) Tj ET Q q 0 0 0 rg BT 278.61 340.40 Td (ficer and President-Ferroalloys. ) Tj ET Q q 0 0 0 rg BT 422.49 340.40 Td (Among other roles prior to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 327.20 Td (Clif) Tj ET Q q 0 0 0 rg BT 66.91 327.20 Td (fs, Mr) Tj ET Q q 0 0 0 rg BT 93.19 327.20 Td (. Boor held the position of ) Tj ET Q q 0 0 0 rg BT 211.23 327.20 Td (V) Tj ET Q q 0 0 0 rg BT 218.52 327.20 Td (ice President, Corporate Development at Centex Corporation. During that ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 314.00 Td (tenure, Cavco was a subsidiary of Centex, and Mr) Tj ET Q q 0 0 0 rg BT 269.33 314.00 Td (. Boor worked on the Cavco strategy and its eventual spin-of) Tj ET Q q 0 0 0 rg BT 536.43 314.00 Td (f in ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 300.80 Td (2003. Mr) Tj ET Q q 0 0 0 rg BT 93.09 300.80 Td (. Boor earned a Master of Business ) Tj ET Q q 0 0 0 rg BT 249.50 300.80 Td (Administration degree from Harvard Business School and is a ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 287.60 Td (Chartered Financial ) Tj ET Q q 0 0 0 rg BT 139.19 287.60 Td (Analyst. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 262.40 Td (About Cavco Industries, Inc.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 237.20 Td (Cavco Industries, Inc., headquartered in Phoenix, ) Tj ET Q q 0 0 0 rg BT 269.33 237.20 Td (Arizona, designs and produces factory-built housing products ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 224.00 Td (primarily distributed through a network of independent and Company-owned retailers. ) Tj ET Q q 0 0 0 rg BT 433.17 224.00 Td (The Company is one of the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 210.80 Td (lar) Tj ET Q q 0 0 0 rg BT 61.40 210.80 Td (gest producers of manufactured homes in the United States, based on reported wholesale shipments, marketed ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 197.60 Td (under a variety of brand names including Cavco Homes, Fleetwood Homes, Palm Harbor Homes, Fairmont Homes, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 184.40 Td (Friendship Homes, Chariot Eagle and Lexington Homes. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 159.20 Td (The Company is also a leading producer of park model R) Tj ET Q q 0 0 0 rg BT 301.44 159.20 Td (Vs, vacation cabins, and systems-built commercial ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 146.00 Td (structures, as well as modular homes built primarily under the Nationwide Homes brand. Cavco's mortgage ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 132.80 Td (subsidiary) Tj ET Q q 0 0 0 rg BT 94.50 132.80 Td (, CountryPlace Mortgage, is an approved Fannie Mae and Freddie Mac seller/servicer) Tj ET Q q 0 0 0 rg BT 471.30 132.80 Td (, a Ginnie Mae ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 119.60 Td (mortgage-backed securities issuer that of) Tj ET Q q 0 0 0 rg BT 230.01 119.60 Td (fers conforming mortgages, non-conforming mortgages and home-only ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 106.40 Td (loans to purchasers of factory-built homes. Our insurance subsidiary) Tj ET Q q 0 0 0 rg BT 350.18 106.40 Td (, Standard Casualty) Tj ET Q q 0 0 0 rg BT 435.31 106.40 Td (, provides property and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 50.00 93.20 Td (casualty insurance to owners of manufactured homes.) Tj ET Q endstream endobj 143 0 obj <> endobj 144 0 obj <> stream BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 741.60 Td (Forward-Looking Statements ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 716.40 Td (Certain statements contained in this r) Tj ET Q q 0 0 0 rg BT 215.50 716.40 Td (elease ar) Tj ET Q q 0 0 0 rg BT 255.11 716.40 Td (e forwar) Tj ET Q q 0 0 0 rg BT 292.28 716.40 Td (d-looking statements within the meaning of Section 27A) Tj ET Q q 0 0 0 rg BT 537.41 716.40 Td ( of ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 703.20 Td (the Securities ) Tj ET Q q 0 0 0 rg BT 112.12 703.20 Td (Act of 1933, Section 21E of the Securities and Exchange ) Tj ET Q q 0 0 0 rg BT 362.72 703.20 Td (Act of 1934 and the Private Securities ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 690.00 Td (Litigation Reform ) Tj ET Q q 0 0 0 rg BT 131.08 690.00 Td (Act of 1995. In general, all statements that ar) Tj ET Q q 0 0 0 rg BT 331.10 690.00 Td (e not historical in natur) Tj ET Q q 0 0 0 rg BT 435.19 690.00 Td (e ar) Tj ET Q q 0 0 0 rg BT 452.19 690.00 Td (e forwar) Tj ET Q q 0 0 0 rg BT 489.37 690.00 Td (d-looking. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 676.80 Td (These include pr) Tj ET Q q 0 0 0 rg BT 122.91 676.80 Td (edictions concerning the success of the Company's futur) Tj ET Q q 0 0 0 rg BT 369.56 676.80 Td (e operations. ) Tj ET Q q 0 0 0 rg BT 432.30 676.80 Td (All forwar) Tj ET Q q 0 0 0 rg BT 477.43 676.80 Td (d-looking ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 663.60 Td (statements ar) Tj ET Q q 0 0 0 rg BT 108.56 663.60 Td (e subject to risks and uncertainties, many of which ar) Tj ET Q q 0 0 0 rg BT 343.40 663.60 Td (e beyond our contr) Tj ET Q q 0 0 0 rg BT 426.39 663.60 Td (ol. ) Tj ET Q q 0 0 0 rg BT 440.25 663.60 Td (Actual r) Tj ET Q q 0 0 0 rg BT 475.58 663.60 Td (esults could differ ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 650.40 Td (materially fr) Tj ET Q q 0 0 0 rg BT 104.89 650.40 Td (om those contemplated by the forwar) Tj ET Q q 0 0 0 rg BT 267.93 650.40 Td (d-looking statements as a r) Tj ET Q q 0 0 0 rg BT 386.68 650.40 Td (esult of certain factors, including, but ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 637.20 Td (not limited to, potential financial impact on the Company; the risk of potential litigation or r) Tj ET Q q 0 0 0 rg BT 457.17 637.20 Td (egulatory action ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 624.00 Td (arising fr) Tj ET Q q 0 0 0 rg BT 90.85 624.00 Td (om the internal investigation and its findings; and potential r) Tj ET Q q 0 0 0 rg BT 359.63 624.00 Td (eputational damage that the Company may ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 610.80 Td (suffer as a r) Tj ET Q q 0 0 0 rg BT 102.46 610.80 Td (esult of the matters under investigation. Readers ar) Tj ET Q q 0 0 0 rg BT 328.14 610.80 Td (e specifically r) Tj ET Q q 0 0 0 rg BT 392.48 610.80 Td (eferr) Tj ET Q q 0 0 0 rg BT 413.46 610.80 Td (ed to the Risk Factors described ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 597.60 Td (in Item 1A) Tj ET Q q 0 0 0 rg BT 95.62 597.60 Td ( of the 2018 Form 10-K, as may be amended fr) Tj ET Q q 0 0 0 rg BT 301.44 597.60 Td (om time to time, which identify important risks that could ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 584.40 Td (cause actual r) Tj ET Q q 0 0 0 rg BT 111.91 584.40 Td (esults to differ fr) Tj ET Q q 0 0 0 rg BT 184.54 584.40 Td (om those contained in the forwar) Tj ET Q q 0 0 0 rg BT 329.87 584.40 Td (d-looking statements. Cavco expr) Tj ET Q q 0 0 0 rg BT 476.70 584.40 Td (essly disclaims any ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 571.20 Td (obligation to update any forwar) Tj ET Q q 0 0 0 rg BT 190.15 571.20 Td (d-looking statements contained in this r) Tj ET Q q 0 0 0 rg BT 364.19 571.20 Td (elease, whether as a r) Tj ET Q q 0 0 0 rg BT 460.02 571.20 Td (esult of new ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 558.00 Td (information, futur) Tj ET Q q 0 0 0 rg BT 128.43 558.00 Td (e events or otherwise. Investors should not place any r) Tj ET Q q 0 0 0 rg BT 368.15 558.00 Td (eliance on any such forwar) Tj ET Q q 0 0 0 rg BT 487.50 558.00 Td (d-looking ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 50.00 544.80 Td (statements.) Tj ET Q endstream endobj 145 0 obj <> /View <>>>>> endobj 146 0 obj <> /View <>>>>> endobj 147 0 obj <> endobj 148 0 obj <> stream xy\E7~n{{w'd'52 HaGPPA!"" b-&h,+TLy?:uk?uΩoH""?W~.Xv3&rm 2\jMgwm'CڴzlycǏ\ rBjx\DsV@{twocmC{Iwl11z:1m!t-\q3D.:yz'Wɨp[_F=>E"ǢӦ/|K&_~=!wn-az3¦h$7,ؑ2Oo_eSFLlk}Fg[F>|;