10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000906163-19-000153 |
| Period End Date | 20190930 |
| Filing Date | 20191101 |
| Fiscal Year | 2019 |
| Fiscal Period | Q3 |
| XBRL Instance | q3201910-q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value |
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
|
107,295.00 | shares | Point-in-time |
| Deferred compensation trust, shares |
CommonStockSharesHeldInEmployeeTrustShares
|
107,340.00 | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
16.86M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
16.98M | shares | Point-in-time |
| Land under development |
InventoryRealEstateLandAndLandDevelopmentCosts
|
$80.19M | USD | Point-in-time |
| Contract land deposits, net |
DepositsAssets
|
$404.85M | USD | Point-in-time |
| Contract land deposits, net |
DepositsAssets
|
$396.18M | USD | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$79.34M | USD | Point-in-time |
| Total assets |
Assets
|
$3.17B | USD | Point-in-time |
| Total assets |
Assets
|
$3.84B | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiability
|
$85.52M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiability
|
$85.67M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.36B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.47B | 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, 2019 and December 31, 2018 |
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, 2019 and December 31, 2018 |
CommonStockValue
|
$206.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.82B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$2.02B | USD | Point-in-time |
| Deferred compensation trust 107,295 and 107,340 shares of NVR, Inc. common stock as of September 30, 2019 and December 31, 2018, respectively |
CommonStockSharesHeldInEmployeeTrust
|
$16.94M | USD | Point-in-time |
| Deferred compensation trust 107,295 and 107,340 shares of NVR, Inc. common stock as of September 30, 2019 and December 31, 2018, respectively |
CommonStockSharesHeldInEmployeeTrust
|
$16.91M | 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
|
$7.65B | USD | Point-in-time |
| Less treasury stock at cost 16,857,145 and 16,977,499 shares as of September 30, 2019 and December 31, 2018, respectively |
TreasuryStockValue
|
$7.30B | USD | Point-in-time |
| Less treasury stock at cost 16,857,145 and 16,977,499 shares as of September 30, 2019 and December 31, 2018, respectively |
TreasuryStockValue
|
$7.04B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$2.37B | 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 shareholders' equity |
StockholdersEquity
|
$2.12B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.68B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.61B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.84B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.17B | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenues |
Revenues
|
$5.17B | USD | 3 Qtrs |
| Revenues |
Revenues
|
$5.40B | USD | 3 Qtrs |
| Revenues |
Revenues
|
$1.85B | USD | 1 Quarter |
| Revenues |
Revenues
|
$1.91B | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$6.29M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$18.81M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$18.81M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$6.20M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$682.29M | USD | 3 Qtrs |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$249.71M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$730.49M | USD | 3 Qtrs |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$267.17M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$43.39M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$117.25M | USD | 3 Qtrs |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$53.89M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$108.09M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$622.40M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$565.04M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$195.82M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$223.79M | USD | 1 Quarter |
| Basic earnings per share (USD per share) |
EarningsPerShareBasic
|
$60.94 | USD | 1 Quarter |
| Basic earnings per share (USD per share) |
EarningsPerShareBasic
|
$171.43 | USD | 3 Qtrs |
| Basic earnings per share (USD per share) |
EarningsPerShareBasic
|
$54.21 | USD | 1 Quarter |
| Basic earnings per share (USD per share) |
EarningsPerShareBasic
|
$155.22 | USD | 3 Qtrs |
| Diluted earnings per share (USD per share) |
EarningsPerShareDiluted
|
$56.11 | USD | 1 Quarter |
| Diluted earnings per share (USD per share) |
EarningsPerShareDiluted
|
$136.53 | USD | 3 Qtrs |
| Diluted earnings per share (USD per share) |
EarningsPerShareDiluted
|
$48.28 | USD | 1 Quarter |
| Diluted earnings per share (USD per share) |
EarningsPerShareDiluted
|
$156.61 | USD | 3 Qtrs |
| 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 |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.63M | shares | 3 Qtrs |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.64M | shares | 3 Qtrs |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
3.97M | shares | 3 Qtrs |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
3.99M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
4.06M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
4.14M | shares | 3 Qtrs |
Cash Flow Statement
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Finance Lease, Principal Payments |
FinanceLeasePrincipalPayments
|
- | USD | 3 Qtrs |
| Finance Lease, Principal Payments |
FinanceLeasePrincipalPayments
|
$116.00K | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$622.40M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$565.04M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$195.82M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$223.79M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$15.05M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$15.37M | USD | 3 Qtrs |
| Equity-based compensation expense |
ShareBasedCompensation
|
$58.68M | USD | 3 Qtrs |
| Equity-based compensation expense |
ShareBasedCompensation
|
$51.69M | USD | 3 Qtrs |
| Contract land deposit and other (recoveries) impairments, net |
ContractLandDepositImpairmentRecoveries
|
$-456.00K | USD | 3 Qtrs |
| Contract land deposit and other (recoveries) impairments, net |
ContractLandDepositImpairmentRecoveries
|
$9.31M | USD | 3 Qtrs |
| Gain on sale of loans, net |
GainLossOnSaleOfMortgageLoans
|
$95.69M | USD | 3 Qtrs |
| Gain on sale of loans, net |
GainLossOnSaleOfMortgageLoans
|
$92.61M | USD | 3 Qtrs |
| Mortgage loans closed |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$3.75B | USD | 3 Qtrs |
| Mortgage loans closed |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$3.47B | USD | 3 Qtrs |
| Mortgage loans sold and principal payments on mortgage loans held for sale |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$3.89B | USD | 3 Qtrs |
| Mortgage loans sold and principal payments on mortgage loans held for sale |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$3.59B | USD | 3 Qtrs |
| Distribution of earnings from unconsolidated joint ventures |
EquityMethodInvestmentDividendsOrDistributions
|
$3.86M | USD | 3 Qtrs |
| Distribution of earnings from unconsolidated joint ventures |
EquityMethodInvestmentDividendsOrDistributions
|
$3.38M | USD | 3 Qtrs |
| Increase in inventory |
IncreaseDecreaseInInventories
|
$174.87M | USD | 3 Qtrs |
| Increase in inventory |
IncreaseDecreaseInInventories
|
$243.34M | USD | 3 Qtrs |
| Increase in contract land deposits |
IncreaseDecreaseInDepositsOutstanding
|
$6.59M | USD | 3 Qtrs |
| Increase in contract land deposits |
IncreaseDecreaseInDepositsOutstanding
|
$8.22M | USD | 3 Qtrs |
| Increase in receivables |
IncreaseDecreaseInReceivables
|
$8.48M | USD | 3 Qtrs |
| Increase in receivables |
IncreaseDecreaseInReceivables
|
$7.03M | USD | 3 Qtrs |
| Increase in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$1.20M | USD | 3 Qtrs |
| Increase in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$28.00M | USD | 3 Qtrs |
| Increase in customer deposits |
IncreaseDecreaseInCustomerDeposits
|
$17.64M | USD | 3 Qtrs |
| Increase in customer deposits |
IncreaseDecreaseInCustomerDeposits
|
$4.69M | USD | 3 Qtrs |
| Other, net |
OtherOperatingActivitiesCashFlowStatement
|
$-6.63M | USD | 3 Qtrs |
| Other, net |
OtherOperatingActivitiesCashFlowStatement
|
$-3.02M | USD | 3 Qtrs |
| Net Cash Provided by (Used in) Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$491.81M | USD | 3 Qtrs |
| Net Cash Provided by (Used in) Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$509.44M | USD | 3 Qtrs |
| Investments in and advances to unconsolidated joint ventures |
PaymentsToAcquireInterestInJointVenture
|
$284.00K | USD | 3 Qtrs |
| Investments in and advances to unconsolidated joint ventures |
PaymentsToAcquireInterestInJointVenture
|
$335.00K | USD | 3 Qtrs |
| Distribution of capital from unconsolidated joint ventures |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$7.87M | USD | 3 Qtrs |
| Distribution of capital from unconsolidated joint ventures |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$8.24M | USD | 3 Qtrs |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$14.82M | USD | 3 Qtrs |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$16.74M | USD | 3 Qtrs |
| Proceeds from the sale of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$1.52M | USD | 3 Qtrs |
| Proceeds from the sale of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$742.00K | USD | 3 Qtrs |
| Net Cash Provided by (Used in) Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-6.49M | USD | 3 Qtrs |
| Net Cash Provided by (Used in) Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-7.32M | USD | 3 Qtrs |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$657.37M | USD | 3 Qtrs |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$365.54M | USD | 3 Qtrs |
| Payments to Noncontrolling Interests |
PaymentsToMinorityShareholders
|
$234.00K | USD | 3 Qtrs |
| Payments to Noncontrolling Interests |
PaymentsToMinorityShareholders
|
- | USD | 3 Qtrs |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$115.27M | USD | 3 Qtrs |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$247.35M | USD | 3 Qtrs |
| Net Cash Provided by (Used in) Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$-118.30M | USD | 3 Qtrs |
| Net Cash Provided by (Used in) Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$-542.34M | USD | 3 Qtrs |
| Net increase (decrease) in cash, restricted cash, and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-57.01M | USD | 3 Qtrs |
| Net increase (decrease) in cash, restricted cash, and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$383.81M | USD | 3 Qtrs |
| 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
|
$632.55M | USD | Point-in-time |
| Cash, restricted cash, and cash equivalents, beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.12B | 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
|
$689.56M | USD | Point-in-time |
| Cash, restricted cash, and cash equivalents, end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$632.55M | USD | Point-in-time |
| Cash, restricted cash, and cash equivalents, end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.12B | 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
|
$24.04M | USD | 3 Qtrs |
| Interest paid during the period, net of interest capitalized |
InterestPaidNet
|
$24.07M | USD | 3 Qtrs |
| Income taxes paid during the period, net of refunds |
IncomeTaxesPaidNet
|
$125.76M | USD | 3 Qtrs |
| Income taxes paid during the period, net of refunds |
IncomeTaxesPaidNet
|
$109.12M | USD | 3 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.