NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Fleetwood is a manufacturer of recreational vehicles and manufactured housing. In addition, Fleetwood operates three supply companies that provide components for the recreational vehicle and housing operations, while also generating third-party sales.

Fleetwood’s business began in 1950 through the formation of a California corporation. The present company was incorporated in Delaware in 1977, and succeeded by merger to all the assets and liabilities of the predecessor company. Fleetwood conducts manufacturing activities in 15 states within the U.S., and to a much lesser extent in Mexico. Fleetwood also operated a manufactured housing retail business, Fleetwood Retail Corp. (FRC), and a financial services subsidiary, HomeOne Credit Corp. (HomeOne). These businesses were designated as discontinued operations in March 2005 and the majority of their assets were sold by August 2005.

  (1) Summary of Significant Accounting Policies
  (2) Supplemental Financial Information
  (3) Industry Segment Information
  (4) Other Operating Expenses, net
  (5) Marketable Investments
  (6) Income Taxes
  (7) Property, Plant, and Equipment, net
  (8) Goodwill
  (9) Retirement and Deferred Compensation Plans
(10) Postretirement Healthcare Benefits
(11) Discontinued Operations
(12) Other Short-Term Borrowings
(13) Convertible Senior Subordinated Debentures
(14) Convertible Subordinated Debentures
(15) Other Long-Term Debt
(16) Fair Value of Financial Instruments
(17) Commitments and Contingencies
(18) Leases
(19) Stock-Based Incentive Compensation Plans
(20) Stockholder Rights Plan
(21) Results by Quarter (Unaudited)