10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000950123-11-043785 |
| Period End Date | 20110331 |
| Filing Date | 20110503 |
| Fiscal Year | 2011 |
| Fiscal Period | Q1 |
| XBRL Instance | nvr-20110331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
34 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 |
DeferredCompensationTrustShares
|
158,894.00 | shares | Point-in-time |
| Deferred compensation trust, shares |
DeferredCompensationTrustShares
|
152,964.00 | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
14.89M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
14.69M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.19B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.25B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.22B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.34B | USD | Point-in-time |
| Total assets |
Assets
|
$2.26B | USD | Point-in-time |
| Total assets |
Assets
|
$2.28B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$519.69M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$457.53M | USD | Point-in-time |
| Common stock, $0.01 par value; 60,000,000 shares authorized; 20,556,198 and 20,557,913 shares issued as of March 31, 2011 and December 31, 2010, respectively |
CommonStockValue
|
$206.00K | USD | Point-in-time |
| Common stock, $0.01 par value; 60,000,000 shares authorized; 20,556,198 and 20,557,913 shares issued as of March 31, 2011 and December 31, 2010, respectively |
CommonStockValue
|
$206.00K | USD | Point-in-time |
| Additional paid-in-capital |
AdditionalPaidInCapitalCommonStock
|
$951.23M | USD | Point-in-time |
| Additional paid-in-capital |
AdditionalPaidInCapitalCommonStock
|
$1.01B | USD | Point-in-time |
| Deferred compensation trust - 152,964 and 158,894 shares of NVR, Inc. common stock as of March 31, 2011 and December 31, 2010, respectively |
CommonStockSharesHeldInEmployeeTrust
|
$27.58M | USD | Point-in-time |
| Deferred compensation trust - 152,964 and 158,894 shares of NVR, Inc. common stock as of March 31, 2011 and December 31, 2010, respectively |
CommonStockSharesHeldInEmployeeTrust
|
$25.58M | USD | Point-in-time |
| Deferred compensation liability |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$27.58M | USD | Point-in-time |
| Deferred compensation liability |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$25.58M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$4.03B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$4.04B | USD | Point-in-time |
| Less treasury stock at cost - 14,688,939 and 14,894,357 shares at March 31, 2011 and December 31, 2010, respectively |
TreasuryStockValue
|
$3.24B | USD | Point-in-time |
| Less treasury stock at cost - 14,688,939 and 14,894,357 shares at March 31, 2011 and December 31, 2010, respectively |
TreasuryStockValue
|
$3.24B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.74B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.82B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$2.28B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$2.26B | USD | Point-in-time |
Income Statement
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
|
$52.73M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
|
$24.84M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$9.66M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$20.64M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$32.09M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$15.17M | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$5.29 | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$2.61 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$5.01 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$2.52 | USD | 1 Quarter |
| Basic average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
5.82M | shares | 1 Quarter |
| Basic average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
6.07M | shares | 1 Quarter |
| Diluted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
6.40M | shares | 1 Quarter |
| Diluted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
6.02M | shares | 1 Quarter |
Cash Flow Statement
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$32.09M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$15.17M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.60M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.88M | USD | 1 Quarter |
| Excess income tax benefit from exercise of stock options |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$17.81M | USD | 1 Quarter |
| Excess income tax benefit from exercise of stock options |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$31.91M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$5.68M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$15.58M | USD | 1 Quarter |
| Contract land deposit impairments (recoveries) |
ContractLandDepositImpairmentsRecoveries
|
$1.35M | USD | 1 Quarter |
| Contract land deposit impairments (recoveries) |
ContractLandDepositImpairmentsRecoveries
|
$-1.92M | USD | 1 Quarter |
| Gain on sales of loans |
GainLossOnSaleOfMortgageLoans
|
$9.93M | USD | 1 Quarter |
| Gain on sales of loans |
GainLossOnSaleOfMortgageLoans
|
$9.13M | USD | 1 Quarter |
| Mortgage loans closed |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$335.95M | USD | 1 Quarter |
| Mortgage loans closed |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$398.32M | USD | 1 Quarter |
| Proceeds from sales of mortgage loans |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$363.56M | USD | 1 Quarter |
| Proceeds from sales of mortgage loans |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$419.89M | USD | 1 Quarter |
| Principal payments on mortgage loans held for sale |
ProceedsFromCollectionOfMortgageLoansHeldForSale
|
$169.00K | USD | 1 Quarter |
| Principal payments on mortgage loans held for sale |
ProceedsFromCollectionOfMortgageLoansHeldForSale
|
$1.32M | USD | 1 Quarter |
| Distribution of earnings from unconsolidated joint ventures |
DistributionOfEarningsFromUnconsolidatedJointVentures
|
$1.12M | USD | 1 Quarter |
| Increase in inventories |
IncreaseDecreaseInInventories
|
$61.42M | USD | 1 Quarter |
| Increase in inventories |
IncreaseDecreaseInInventories
|
$81.19M | USD | 1 Quarter |
| Increase in contract land deposits |
IncreaseDecreaseInDepositsOutstanding
|
$17.32M | USD | 1 Quarter |
| Increase in contract land deposits |
IncreaseDecreaseInDepositsOutstanding
|
$10.52M | USD | 1 Quarter |
| Decrease in receivables |
IncreaseDecreaseInReceivables
|
$-101.00K | USD | 1 Quarter |
| Decrease in receivables |
IncreaseDecreaseInReceivables
|
$-249.00K | USD | 1 Quarter |
| (Decrease) increase in accounts payable, accrued expenses and customer deposits |
IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses
|
$-27.04M | USD | 1 Quarter |
| (Decrease) increase in accounts payable, accrued expenses and customer deposits |
IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses
|
$23.40M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$11.39M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-3.50M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-118.16M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-9.03M | USD | 1 Quarter |
| Purchase of marketable securities |
PaymentsToAcquireHeldToMaturitySecurities
|
$100.00M | USD | 1 Quarter |
| Redemption of marketable securities at maturity |
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
$194.53M | USD | 1 Quarter |
| Investments in unconsolidated joint ventures |
PaymentsToAcquireInterestInJointVenture
|
$1.00M | USD | 1 Quarter |
| Distribution of capital from unconsolidated joint ventures |
EquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$4.38M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$881.00K | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.01M | USD | 1 Quarter |
| Proceeds from the sale of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$170.00K | USD | 1 Quarter |
| Proceeds from the sale of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$115.00K | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$92.77M | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$3.54M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$63.41M | USD | 1 Quarter |
| Net (repayments) borrowings under notes payable and credit lines |
NetBorrowingsUnderNotesPayableAndCreditLines
|
$-15.03M | USD | 1 Quarter |
| Net (repayments) borrowings under notes payable and credit lines |
NetBorrowingsUnderNotesPayableAndCreditLines
|
$43.84M | USD | 1 Quarter |
| Net repayments under non-recourse debt related to consolidated variable interest entity |
NetBorrowingsUnderNonRecourseDebtRelatedToConsolidatedVariableInterestEntities
|
$5.00K | USD | 1 Quarter |
| Excess income tax benefit from equity based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$17.81M | USD | 1 Quarter |
| Excess income tax benefit from equity based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$31.91M | USD | 1 Quarter |
| Exercise of stock options |
ProceedsFromStockOptionsExercised
|
$41.79M | USD | 1 Quarter |
| Exercise of stock options |
ProceedsFromStockOptionsExercised
|
$92.67M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$32.04M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$117.54M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$92.14M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$26.55M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$1.19B | USD | Point-in-time |
| Cash and cash equivalents, beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$1.25B | USD | Point-in-time |
| Cash and cash equivalents, beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$1.22B | USD | Point-in-time |
| Cash and cash equivalents, beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$1.34B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.19B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.25B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.22B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.34B | USD | Point-in-time |
| Interest paid during the period |
InterestPaidNet
|
$587.00K | USD | 1 Quarter |
| Interest paid during the period |
InterestPaidNet
|
$513.00K | USD | 1 Quarter |
| Income taxes paid, net of refunds |
IncomeTaxesPaidNet
|
$10.63M | USD | 1 Quarter |
| Income taxes paid, net of refunds |
IncomeTaxesPaidNet
|
$8.69M | USD | 1 Quarter |
| Investment in consolidated joint venture |
InvestmentInNewlyFormedConsolidatedJointVenture
|
$-23.78M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.