10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000906163-20-000090 |
| Period End Date | 20200930 |
| Filing Date | 20201104 |
| Fiscal Year | 2020 |
| Fiscal Period | Q3 |
| XBRL Instance | nvr-20200930_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
39 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
|
106,697.00 | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
16.92M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
16.84M | shares | Point-in-time |
| Land under development |
InventoryRealEstateLandAndLandDevelopmentCosts
|
$63.61M | USD | Point-in-time |
| Contract land deposits, net |
DepositsAssets
|
$413.85M | USD | Point-in-time |
| Contract land deposits, net |
DepositsAssets
|
$377.11M | USD | Point-in-time |
| Total assets |
Assets
|
$3.81B | USD | Point-in-time |
| Total assets |
Assets
|
$5.50B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.47B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.58B | 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, 2020 and December 31, 2019 |
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, 2020 and December 31, 2019 |
CommonStockValue
|
$206.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$2.19B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$2.06B | USD | Point-in-time |
| Deferred compensation trust 106,697 and 107,295 shares of NVR, Inc. common stock as of September 30, 2020 and December 31, 2019, respectively |
CommonStockSharesHeldInEmployeeTrust
|
$16.91M | USD | Point-in-time |
| Deferred compensation trust 106,697 and 107,295 shares of NVR, Inc. common stock as of September 30, 2020 and December 31, 2019, respectively |
CommonStockSharesHeldInEmployeeTrust
|
$16.71M | USD | Point-in-time |
| Deferred compensation liability |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$16.91M | USD | Point-in-time |
| Deferred compensation liability |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$16.71M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$8.51B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$7.91B | USD | Point-in-time |
| Less treasury stock at cost 16,836,943 and 16,922,558 shares as of September 30, 2020 and December 31, 2019, respectively |
TreasuryStockValue
|
$7.62B | USD | Point-in-time |
| Less treasury stock at cost 16,836,943 and 16,922,558 shares as of September 30, 2020 and December 31, 2019, respectively |
TreasuryStockValue
|
$7.78B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.81B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$2.61B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$2.92B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$2.34B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$2.37B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$2.12B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.81B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$5.50B | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenues |
Revenues
|
$1.91B | USD | 1 Quarter |
| Revenues |
Revenues
|
$1.99B | USD | 1 Quarter |
| Revenues |
Revenues
|
$5.40B | USD | 3 Qtrs |
| Revenues |
Revenues
|
$5.19B | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$6.29M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$27.70M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$11.69M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$18.81M | USD | 3 Qtrs |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$321.46M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$267.17M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$692.66M | USD | 3 Qtrs |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$730.49M | USD | 3 Qtrs |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$96.42M | USD | 3 Qtrs |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$43.39M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$64.99M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$108.09M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$256.47M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$622.40M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$223.79M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$596.24M | USD | 3 Qtrs |
| Basic earnings per share (USD per share) |
EarningsPerShareBasic
|
$171.43 | USD | 3 Qtrs |
| Basic earnings per share (USD per share) |
EarningsPerShareBasic
|
$69.19 | USD | 1 Quarter |
| Basic earnings per share (USD per share) |
EarningsPerShareBasic
|
$60.94 | USD | 1 Quarter |
| Basic earnings per share (USD per share) |
EarningsPerShareBasic
|
$161.85 | USD | 3 Qtrs |
| Diluted earnings per share (USD per share) |
EarningsPerShareDiluted
|
$56.11 | USD | 1 Quarter |
| Diluted earnings per share (USD per share) |
EarningsPerShareDiluted
|
$153.03 | USD | 3 Qtrs |
| Diluted earnings per share (USD per share) |
EarningsPerShareDiluted
|
$65.11 | USD | 1 Quarter |
| Diluted earnings per share (USD per share) |
EarningsPerShareDiluted
|
$156.61 | USD | 3 Qtrs |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.63M | shares | 3 Qtrs |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.68M | shares | 3 Qtrs |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.67M | shares | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.71M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
3.94M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
3.90M | 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 |
Cash Flow Statement
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Finance Lease, Principal Payments |
FinanceLeasePrincipalPayments
|
$253.00K | USD | 1 Quarter |
| Finance Lease, Principal Payments |
FinanceLeasePrincipalPayments
|
$116.00K | USD | 3 Qtrs |
| Finance Lease, Principal Payments |
FinanceLeasePrincipalPayments
|
$190.00K | USD | 1 Quarter |
| Finance Lease, Principal Payments |
FinanceLeasePrincipalPayments
|
$665.00K | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$256.47M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$622.40M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$223.79M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$596.24M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$16.80M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$15.37M | USD | 3 Qtrs |
| Equity-based compensation expense |
ShareBasedCompensation
|
$35.56M | USD | 3 Qtrs |
| Equity-based compensation expense |
ShareBasedCompensation
|
$58.68M | USD | 3 Qtrs |
| Contract land deposit and other impairments (recoveries), net |
ContractLandDepositImpairmentRecovery
|
$-456.00K | USD | 3 Qtrs |
| Contract land deposit and other impairments (recoveries), net |
ContractLandDepositImpairmentRecovery
|
$32.75M | USD | 3 Qtrs |
| Gain on sale of loans, net |
GainLossOnSaleOfMortgageLoans
|
$100.35M | USD | 3 Qtrs |
| Gain on sale of loans, net |
GainLossOnSaleOfMortgageLoans
|
$95.69M | USD | 3 Qtrs |
| Mortgage loans closed |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$3.75B | USD | 3 Qtrs |
| Mortgage loans closed |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$3.66B | USD | 3 Qtrs |
| Mortgage loans sold and principal payments on mortgage loans held for sale |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$3.91B | USD | 3 Qtrs |
| Mortgage loans sold and principal payments on mortgage loans held for sale |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$3.89B | USD | 3 Qtrs |
| Distribution of earnings from unconsolidated joint ventures |
EquityMethodInvestmentDividendsOrDistributions
|
- | USD | 3 Qtrs |
| Distribution of earnings from unconsolidated joint ventures |
EquityMethodInvestmentDividendsOrDistributions
|
$3.38M | USD | 3 Qtrs |
| Increase in inventory |
IncreaseDecreaseInInventories
|
$243.34M | USD | 3 Qtrs |
| Increase in inventory |
IncreaseDecreaseInInventories
|
$416.49M | USD | 3 Qtrs |
| Decrease (increase) in contract land deposits |
IncreaseDecreaseInDepositsOutstanding
|
$-4.58M | USD | 3 Qtrs |
| Decrease (increase) in contract land deposits |
IncreaseDecreaseInDepositsOutstanding
|
$8.22M | USD | 3 Qtrs |
| Increase in receivables |
IncreaseDecreaseInReceivables
|
$3.06M | USD | 3 Qtrs |
| Increase in receivables |
IncreaseDecreaseInReceivables
|
$8.48M | USD | 3 Qtrs |
| Increase in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$109.92M | USD | 3 Qtrs |
| Increase in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$28.00M | USD | 3 Qtrs |
| Increase in customer deposits |
IncreaseDecreaseInContractWithCustomerLiability
|
$4.69M | USD | 3 Qtrs |
| Increase in customer deposits |
IncreaseDecreaseInContractWithCustomerLiability
|
$79.24M | USD | 3 Qtrs |
| Other, net |
OtherOperatingActivitiesCashFlowStatement
|
$-3.02M | USD | 3 Qtrs |
| Other, net |
OtherOperatingActivitiesCashFlowStatement
|
$-26.65M | USD | 3 Qtrs |
| Net Cash Provided by (Used in) Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$509.44M | USD | 3 Qtrs |
| Net Cash Provided by (Used in) Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$579.34M | USD | 3 Qtrs |
| Investments in and advances to unconsolidated joint ventures |
PaymentsToAcquireInterestInJointVenture
|
$435.00K | 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
|
- | USD | 3 Qtrs |
| Distribution of capital from unconsolidated joint ventures |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$8.24M | USD | 3 Qtrs |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$12.33M | 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
|
$665.00K | USD | 3 Qtrs |
| Proceeds from the sale of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$1.52M | USD | 3 Qtrs |
| Net Cash Provided by (Used in) Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-7.32M | USD | 3 Qtrs |
| Net Cash Provided by (Used in) Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-12.10M | USD | 3 Qtrs |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$365.54M | USD | 3 Qtrs |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$216.58M | USD | 3 Qtrs |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$247.35M | USD | 3 Qtrs |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$162.52M | USD | 3 Qtrs |
| Net Cash Provided by (Used in) Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$864.43M | USD | 3 Qtrs |
| Net Cash Provided by (Used in) Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$-118.30M | USD | 3 Qtrs |
| Net increase in cash, restricted cash, and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$1.43B | USD | 3 Qtrs |
| Net increase in cash, restricted cash, and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$383.81M | USD | 3 Qtrs |
| Cash, restricted cash, and cash equivalents, beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.16B | 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, beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.59B | USD | Point-in-time |
| Cash, restricted cash, and cash equivalents, end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.16B | 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 |
| Cash, restricted cash, and cash equivalents, end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.59B | 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
|
$24.96M | USD | 3 Qtrs |
| Income taxes paid during the period, net of refunds |
IncomeTaxesPaidNet
|
$109.12M | USD | 3 Qtrs |
| Income taxes paid during the period, net of refunds |
IncomeTaxesPaidNet
|
$86.21M | USD | 3 Qtrs |
| Proceeds from Issuance of Senior Long-term Debt |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
$923.90M | USD | 3 Qtrs |
| Proceeds from Issuance of Senior Long-term Debt |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
- | USD | 3 Qtrs |
| Payments of Debt Issuance Costs |
PaymentsOfDebtIssuanceCosts
|
$4.75M | USD | 3 Qtrs |
| Payments of Debt Issuance Costs |
PaymentsOfDebtIssuanceCosts
|
- | USD | 3 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.