Company profile

Mark Jason Yost
Incorporated in
Fiscal year end
Industry (SEC)
Former names
Skyline Corp
IRS number

SKY stock data



1 Aug 19
21 Oct 19
28 Mar 20


Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 371.89M 327.68M 354.67M 355.44M
Net income 17.38M 9.16M 10.51M -77.03M
Diluted EPS 0.31 0.16 0.19 -1.42
Net profit margin 4.67% 2.79% 2.96% -21.67%
Operating income 24.32M 13.37M 15.89M -69.07M
Net change in cash 17.01M -2.35M 26.11M 21.98M
Cash on hand 143.65M 126.63M 128.99M 102.87M
Cost of revenue 295.85M 261.21M 289.94M 296.44M

Financial data from company earnings reports

Financial report summary

  • The factory-built housing industry is cyclical, is affected by seasonality and is sensitive to changes in general economic or other business conditions.
  • The Company is subject to demand fluctuations in the housing industry. Reductions in demand could adversely affect the Company’s business, results of operations, and financial condition.
  • Future increases in interest rates, more stringent credit standards, tightening of financing terms, or other increases in the effective costs of owning a factory-built home (including those related to regulation or other government actions) could limit the purchasing power of the Company’s potential customers and could adversely affect the Company’s business and financial results.
  • The availability of wholesale financing for retailers is limited due to a limited number of floor plan lenders and reduced lending limits.
  • The Company has contingent repurchase obligations related to wholesale financing provided to industry retailers.
  • If the Company is unable to establish or maintain relationships with independent distributors who sell its homes, the Company’s sales could decline and its operating results and cash flows could suffer.
  • Prices of certain materials can fluctuate and availability of certain materials may be limited at times.
  • For some of the components used in production, the Company depends on a small group of suppliers and the loss of any of these suppliers could affect the Company’s ability to obtain components in a timely manner or at competitive prices, which would decrease its sales and profit margins. Some components are sourced from foreign sources and delays in obtaining these components or the imposition of new or additional tariffs could result in increased costs and decreased sales and profit margins.
  • The Company’s results of operations can be adversely affected by labor shortages and turnover.
  • Industry conditions and future operating results could limit the Company’s sources of capital. If the Company is unable to locate suitable sources of capital when needed, it may be unable to maintain or expand its business.
  • Factory-built housing operates in the highly competitive housing industry, and, if other home builders are more successful or offer better value to the Company’s customers, the Company’s business could decline.
  • When the Company introduces new products into the marketplace, it may incur expenses that it did not anticipate, which, in turn, can result in reduced earnings.
  • The Company’s products and services may experience quality problems from time to time that can result in decreased sales and gross margin and could harm the Company’s reputation.
  • If the factory-built housing industry is not able to secure favorable local zoning ordinances, the Company’s sales could decline and its operating results and cash flows could suffer.
  • The Company may not be able to manage its business effectively if it cannot retain current management team members or if it is unable to attract and motivate key personnel.
  • Product liability claims and litigation and warranty claims that arise in the ordinary course of business may be costly, which could adversely affect the Company’s business.
  • Security breaches and other disruptions could compromise the Company’s information and expose it to liability, which would cause its business and reputation to suffer.
  • The Company is subject to extensive regulation affecting the production and sale of factory-built housing, which could adversely affect its profitability.
  • The cost of operations could be adversely impacted by increased costs of healthcare benefits provided to employees.
  • A prolonged delay by Congress and the President to approve budgets or continuing appropriation resolutions to facilitate the operations of the federal government could delay the completion of home sales or cause cancellations, and thereby negatively impact the Company’s deliveries and revenues.
  • Increases in the after-tax costs of owning a factory-built home could prevent potential customers from buying the Company’s products and adversely affect its business or financial results.
  • The transportation industry is subject to government regulation, and regulatory changes could have a material adverse effect on the Company’s operating results or financial condition.
  • Natural disasters and severe weather conditions could delay deliveries, increase costs, and decrease demand for new factory-built homes in affected areas.
  • Changes in foreign exchange rates could adversely affect the value of the Company’s investments in Canada and cause foreign exchange losses.
  • Anti-takeover provisions in the Company’s Amended and Restated Certificate of Incorporation and Amended and Restated By-Laws could prohibit a change of control that the Company’s shareholders may favor and could negatively affect the Company’s stock price.
  • The integration of Skyline and Champion Holdings may not be successful or the anticipated benefits from their combination may not be realized in their entirety.
  • The Company incurs substantial costs as a result of operating as a public company, and the Company’s management is required to devote substantial time to compliance initiatives.
  • The Company’s failure to establish and maintain effective internal control over financial reporting could harm its business and financial results.
  • The Company does not anticipate paying any cash dividends for the foreseeable future.
  • An impairment of all or part of our goodwill could adversely affect our operating results and net worth.
Content analysis ?
H.S. freshman Avg
New words: add, Alberta, awarded, British, calendar, carefully, CEO, CFO, Columbia, constant, decision, destocking, detail, dollar, drawn, driven, drop, effort, Era, expedient, extend, heading, implicit, imputed, incremental, lag, liable, maker, Merit, met, minimum, newest, opting, oriented, OSB, processed, Qualitative, Quantitative, ramp, refinement, repayment, residual, Shore, shown, slower, softened, softening, spread, strand, summarized, upgrade, vi, weakened
Removed: Absent, absolute, accessed, accomplish, accuracy, accurate, accurately, achieve, achievement, active, adequately, adjust, Administration, advance, adversely, afforded, amending, amendment, antidilutive, applied, applying, approval, approve, approved, assessed, assigned, assure, attached, attempt, attempting, attention, attracting, attractive, August, authority, back, Bain, bank, base, beneficial, beneficially, Benton, billed, breach, breached, broadly, builder, Bureau, buyer, buying, cancel, captive, carbon, Care, cease, center, Certificate, CFPB, chain, chattel, CHB, choose, CIBV, claim, climate, collected, combined, commencing, compel, compete, competition, composed, comprise, compromise, concentration, concurrent, confidence, confidential, conflict, consent, conservatorship, consolidation, constituted, constrain, consummation, continuation, continue, continuing, contract, controlled, controlling, convening, coordination, core, costly, count, coupled, cover, covered, creating, criminal, curtail, cyclical, damage, damaging, deal, deducted, deducting, deem, defect, deficiency, degree, delay, delaying, delivered, delivering, demographic, denominated, Department, depend, deposit, derived, deriving, design, designated, desire, destination, detect, detected, determination, deterred, devote, difficult, difficulty, dilute, director, disaster, discontinuing, discounting, discourage, discouraging, discretion, discussed, disproportionately, disrupt, disruption, diversion, divert, downturn, driver, drywall, dwelling, earliest, earned, easy, effectively, efficient, electronic, eliminate, Elkhart, employee, employment, enacted, enforceable, engineering, enhance, enter, entering, entirety, entitled, entity, entry, environment, error, establish, establishing, establishment, estate, exchanged, excluded, exert, exhibit, exist, expand, expend, expensive, experienced, expertise, expose, exposed, extensive, external, facilitate, factory, failure, faulty, favor, FEMA, FHA, Finally, finance, financed, financially, Fleet, fluctuate, fluctuating, force, foreseeable, frame, fraud, frequent, frustrate, fuel, fulfillment, fully, funding, gauge, good, governance, government, governmental, grant, great, group, hand, handling, harm, harmed, headcount, headquartered, health, healthcare, heavily, heavy, hedge, highly, HOEPA, hold, honor, hour, idled, immigration, impede, implement, implementation, implemented, implementing, impose, imposition, inability, incompatible, Incorporation, indirectly, individual, influence, influencing, infrastructure, inherent, initiated, input, insufficient, insulation, insure, insuring, integrate, integrating, intellectual, Interbank, interrupted, interruption, introduced, introduction, investor, invoice, involvement, IRS, issue, job, judgment, July, Kentucky, lack, large, law, lead, leased, led, legislation, legislative, length, limit, listing, loan, locate, located, logging, London, lost, maintained, maintaining, maintenance, making, malfeasance, manage, managing, marketplace, measuring, meet, meeting, merger, Michigan, minimal, MIP, misstatement, mitigate, moderately, modify, momentum, monthly, mortgage, motivate, negatively, negotiation, nominating, notice, Notwithstanding, November, NYSE, obtain, obtaining, occur, occurred, occurrence, offer, Offered, offering, offsetting, opened, originate, output, outsourced, Oversight, oversupply, ownership, paid, panelized, par, participate, passage, passed, paying, payment, payroll, percentage, permit, permitting, personal, personally, physical, placement, Planned, planning, point, population, potentially, power, precision, predecessor, predict, preferred, preliminary, premium, President, prevent, prevented, preventing, priced, privacy, produce, producing, profitably, prohibit, project, prolonged, promised, promulgated, properly, proprietary, prospective, protect, protection, prove, provisional, pursue, qualified, qualify, quality, quantity, range, rationalization, readily, real, realization, realize, realizing, receipt, receivable, receive, received, reconciliation, recoverability, recovery, recruitment, rectify, regular, regulate, reimbursable, relating, relevant, reliability, relief, reluctant, rely, remedial, remediate, remediated, remediation, remove, rental, reopened, repossessed, repossession, represent, represented, reputation, requiring, residential, resisted, responsible, restart, Restated, restriction, retention, retired, retrospectively, return, reversal, reversed, review, road, robust, rule, safety, satisfied, seasonality, secure, security, select, senior, sensitive, September, settle, Settlement, shareholder, shipping, Similarly, size, skilled, slight, small, smaller, solvent, sophistication, source, sourced, specific, spending, staffing, stage, standardization, standardize, Star, steadily, stolen, stored, structure, subsequently, subsidiary, substantial, substantially, successful, successfully, suffer, sufficient, suitable, supplied, supply, susceptible, takeover, technology, tested, testing, tightening, title, Topeka, training, transfer, transferred, Troy, Trucking, Truth, turn, typically, unable, unbilled, uncertainty, unchanged, unclear, uncollected, understanding, underwriting, undistributed, unexpected, unfavorable, uniform, unlimited, unregistered, unvested, utility, variability, variable, variety, vehicle, vendor, verification, vest, vesting, vote, voting, vulnerable, wage, weight, wide, widespread, written, York, zoning