10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000906163-19-000070 |
| Period End Date | 20190331 |
| Filing Date | 20190501 |
| Fiscal Year | 2019 |
| Fiscal Period | Q1 |
| XBRL Instance | nvr-20190331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value (USD per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value (USD per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
60.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
60.00M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
20.56M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
20.56M | shares | Point-in-time |
| Deferred compensation trust, shares |
CommonStockSharesHeldInEmployeeTrustShares
|
107,340.00 | shares | Point-in-time |
| Deferred compensation trust, shares |
CommonStockSharesHeldInEmployeeTrustShares
|
107,295.00 | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
16.98M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
16.96M | shares | Point-in-time |
| Land under development |
InventoryRealEstateLandAndLandDevelopmentCosts
|
$37.78M | USD | Point-in-time |
| Contract land deposits, net |
DepositsAssets
|
$389.33M | USD | Point-in-time |
| Contract land deposits, net |
DepositsAssets
|
$396.18M | USD | Point-in-time |
| Operating Lease, Right-of-Use Asset |
OperatingLeaseRightOfUseAsset
|
$79.00K | USD | Point-in-time |
| Total assets |
Assets
|
$3.36B | USD | Point-in-time |
| Total assets |
Assets
|
$3.17B | USD | Point-in-time |
| Operating Lease, Liability |
OperatingLeaseLiability
|
$86.00K | USD | Point-in-time |
| Operating Lease, Liability |
OperatingLeaseLiability
|
$86.20M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.46B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.36B | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, $0.01 par value; 60,000,000 shares authorized; 20,555,330 shares issued as of both September 30, 2018 and December 31, 2017 |
CommonStockValue
|
$206.00K | USD | Point-in-time |
| Common stock, $0.01 par value; 60,000,000 shares authorized; 20,555,330 shares issued as of both September 30, 2018 and December 31, 2017 |
CommonStockValue
|
$206.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.90B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.82B | USD | Point-in-time |
| Deferred compensation trust 107,336 and 108,640 shares of NVR, Inc. common stock as of September 30, 2018 and December 31, 2017, respectively |
CommonStockSharesHeldInEmployeeTrust
|
$16.91M | USD | Point-in-time |
| Deferred compensation trust 107,336 and 108,640 shares of NVR, Inc. common stock as of September 30, 2018 and December 31, 2017, respectively |
CommonStockSharesHeldInEmployeeTrust
|
$16.94M | USD | Point-in-time |
| Deferred compensation liability |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$16.94M | USD | Point-in-time |
| Deferred compensation liability |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$16.91M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$7.03B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$7.22B | USD | Point-in-time |
| Less treasury stock at cost 16,960,261 and 16,864,324 shares as of September 30, 2018 and December 31, 2017, respectively |
TreasuryStockValue
|
$7.22B | USD | Point-in-time |
| Less treasury stock at cost 16,960,261 and 16,864,324 shares as of September 30, 2018 and December 31, 2017, respectively |
TreasuryStockValue
|
$7.04B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.90B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.47B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.81B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.61B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.36B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.17B | USD | Point-in-time |
Income Statement
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenues |
Revenues
|
$1.69B | USD | 1 Quarter |
| Revenues |
Revenues
|
$1.53B | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$6.28M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$6.21M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$218.61M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$191.00M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$30.20M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$24.95M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$166.05M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$188.41M | USD | 1 Quarter |
| Basic earnings per share (USD per share) |
EarningsPerShareBasic
|
$52.23 | USD | 1 Quarter |
| Basic earnings per share (USD per share) |
EarningsPerShareBasic
|
$45.19 | USD | 1 Quarter |
| Diluted earnings per share (USD per share) |
EarningsPerShareDiluted
|
$39.34 | USD | 1 Quarter |
| Diluted earnings per share (USD per share) |
EarningsPerShareDiluted
|
$47.64 | USD | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.61M | shares | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.67M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
3.96M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
4.22M | shares | 1 Quarter |
Cash Flow Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$166.05M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$188.41M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$5.06M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$5.04M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$19.33M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$9.51M | USD | 1 Quarter |
| Contract land deposit and other impairments, net |
ContractLandDepositImpairmentRecoveries
|
$542.00K | USD | 1 Quarter |
| Contract land deposit and other impairments, net |
ContractLandDepositImpairmentRecoveries
|
$-215.00K | USD | 1 Quarter |
| Gain on sale of loans, net |
GainLossOnSaleOfMortgageLoans
|
$34.96M | USD | 1 Quarter |
| Gain on sale of loans, net |
GainLossOnSaleOfMortgageLoans
|
$31.32M | USD | 1 Quarter |
| Mortgage loans closed |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$1.14B | USD | 1 Quarter |
| Mortgage loans closed |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$1.01B | USD | 1 Quarter |
| Mortgage loans sold and principal payments on mortgage loans held for sale |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$1.20B | USD | 1 Quarter |
| Mortgage loans sold and principal payments on mortgage loans held for sale |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$1.05B | USD | 1 Quarter |
| Distribution of earnings from unconsolidated joint ventures |
EquityMethodInvestmentDividendsOrDistributions
|
$1.38M | USD | 1 Quarter |
| Distribution of earnings from unconsolidated joint ventures |
EquityMethodInvestmentDividendsOrDistributions
|
$608.00K | USD | 1 Quarter |
| Increase in inventory |
IncreaseDecreaseInInventories
|
$28.06M | USD | 1 Quarter |
| Increase in inventory |
IncreaseDecreaseInInventories
|
$98.19M | USD | 1 Quarter |
| (Increase) decrease in contract land deposits |
IncreaseDecreaseInDepositsOutstanding
|
$-6.30M | USD | 1 Quarter |
| (Increase) decrease in contract land deposits |
IncreaseDecreaseInDepositsOutstanding
|
$-8.75M | USD | 1 Quarter |
| (Increase) decrease in receivables |
IncreaseDecreaseInReceivables
|
$12.01M | USD | 1 Quarter |
| (Increase) decrease in receivables |
IncreaseDecreaseInReceivables
|
$4.58M | USD | 1 Quarter |
| Increase in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$21.15M | USD | 1 Quarter |
| Increase in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-25.04M | USD | 1 Quarter |
| Increase in customer deposits |
IncreaseDecreaseInCustomerDeposits
|
$17.45M | USD | 1 Quarter |
| Increase in customer deposits |
IncreaseDecreaseInCustomerDeposits
|
$4.39M | USD | 1 Quarter |
| Other, net |
OtherOperatingActivitiesCashFlowStatement
|
$-6.67M | USD | 1 Quarter |
| Other, net |
OtherOperatingActivitiesCashFlowStatement
|
$-6.10M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$78.03M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$227.85M | USD | 1 Quarter |
| Investments in and advances to unconsolidated joint ventures |
PaymentsToAcquireInterestInJointVenture
|
$335.00K | USD | 1 Quarter |
| Investments in and advances to unconsolidated joint ventures |
PaymentsToAcquireInterestInJointVenture
|
- | USD | 1 Quarter |
| Distribution of capital from unconsolidated joint ventures |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$2.48M | USD | 1 Quarter |
| Distribution of capital from unconsolidated joint ventures |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$3.26M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.11M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$5.29M | USD | 1 Quarter |
| Proceeds from the sale of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$195.00K | USD | 1 Quarter |
| Proceeds from the sale of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$484.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-436.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-1.88M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$357.24M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$216.50M | USD | 1 Quarter |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$40.80M | USD | 1 Quarter |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$98.97M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-117.53M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-316.44M | USD | 1 Quarter |
| Net (decrease) increase in cash, restricted cash, and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-238.85M | USD | 1 Quarter |
| Net (decrease) increase in cash, restricted cash, and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$108.45M | USD | 1 Quarter |
| Cash, restricted cash, and cash equivalents, beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$840.70M | USD | Point-in-time |
| Cash, restricted cash, and cash equivalents, beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$689.56M | USD | Point-in-time |
| Cash, restricted cash, and cash equivalents, beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$450.71M | USD | Point-in-time |
| Cash, restricted cash, and cash equivalents, beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$732.25M | USD | Point-in-time |
| Cash, restricted cash, and cash equivalents, end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$840.70M | USD | Point-in-time |
| Cash, restricted cash, and cash equivalents, end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$689.56M | USD | Point-in-time |
| Cash, restricted cash, and cash equivalents, end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$450.71M | USD | Point-in-time |
| Cash, restricted cash, and cash equivalents, end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$732.25M | USD | Point-in-time |
| Interest paid during the period, net of interest capitalized |
InterestPaidNet
|
$11.91M | USD | 1 Quarter |
| Interest paid during the period, net of interest capitalized |
InterestPaidNet
|
$11.98M | USD | 1 Quarter |
| Income taxes paid during the period, net of refunds |
IncomeTaxesPaidNet
|
$2.32M | USD | 1 Quarter |
| Income taxes paid during the period, net of refunds |
IncomeTaxesPaidNet
|
$3.33M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.