Management’s Discussion and Analysis of Financial Condition and Results of Operations
Off-Balance Sheet Arrangements
We describe our aggregate contingent repurchase obligation in Note 17 to our financial statements and under Critical Accounting Policies in this Managements Discussion and Analysis of Financial Condition and Results of Operations.
Under the senior credit agreement, Fleetwood Enterprises, Inc. is a guarantor of the borrowings of Fleetwood Holdings, Inc., which includes most of our wholly owned manufacturing subsidiaries. The borrowings of Fleetwood Holdings, Inc. are included in our consolidated financial statements.
We describe our lease guarantees in Note 17 to our financial statements.