10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-12-190645 |
| Period End Date | 20120331 |
| Filing Date | 20120427 |
| Fiscal Year | 2012 |
| Fiscal Period | Q1 |
| XBRL Instance | nvr-20120331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
44 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
|
152,964.00 | shares | Point-in-time |
| Deferred compensation trust, shares |
DeferredCompensationTrustShares
|
152,223.00 | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
15.58M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
15.49M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.19B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$575.16M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$480.79M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.22B | USD | Point-in-time |
| Land under development |
InventoryRealEstateLandAndLandDevelopmentCosts
|
$70.22M | USD | Point-in-time |
| Assets related to consolidated variable interest entity |
VariableInterestEntityConsolidatedCarryingAmountAssets
|
$17.55M | USD | Point-in-time |
| Assets related to consolidated variable interest entity |
VariableInterestEntityConsolidatedCarryingAmountAssets
|
$20.18M | USD | Point-in-time |
| Contract land deposits, net |
DepositsAssets
|
$131.93M | USD | Point-in-time |
| Contract land deposits, net |
DepositsAssets
|
$140.33M | USD | Point-in-time |
| Mortgage loans held for sale, net |
LoansHeldForSaleMortgages
|
$113.72M | USD | Point-in-time |
| Reorganization value in excess of amounts allocable to identifiable assets, net |
PostconfirmationReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssets
|
$48.93M | USD | Point-in-time |
| Reorganization value in excess of amounts allocable to identifiable assets, net |
PostconfirmationReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssets
|
$48.93M | USD | Point-in-time |
| Total assets |
Assets
|
$1.78B | USD | Point-in-time |
| Total assets |
Assets
|
$1.85B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$404.69M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$432.67M | 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; 20,556,198 shares issued as of both March 31, 2012 and December 31, 2011 |
CommonStockValue
|
$206.00K | USD | Point-in-time |
| Common stock, $0.01 par value; 60,000,000 shares authorized; 20,556,198 shares issued as of both March 31, 2012 and December 31, 2011 |
CommonStockValue
|
$206.00K | USD | Point-in-time |
| Additional paid-in-capital |
AdditionalPaidInCapitalCommonStock
|
$1.07B | USD | Point-in-time |
| Additional paid-in-capital |
AdditionalPaidInCapitalCommonStock
|
$1.07B | USD | Point-in-time |
| Deferred compensation trust-152,223 and 152,964 shares of NVR, Inc. common stock as of March 31, 2012 and December 31, 2011, respectively |
CommonStockSharesHeldInEmployeeTrust
|
$25.33M | USD | Point-in-time |
| Deferred compensation trust-152,223 and 152,964 shares of NVR, Inc. common stock as of March 31, 2012 and December 31, 2011, respectively |
CommonStockSharesHeldInEmployeeTrust
|
$25.58M | USD | Point-in-time |
| Deferred compensation liability |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$25.58M | USD | Point-in-time |
| Deferred compensation liability |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$25.33M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$4.16B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$4.18B | USD | Point-in-time |
| Less treasury stock at cost-15,490,168 and 15,578,565 shares at March 31, 2012 and December 31, 2011, respectively |
TreasuryStockValue
|
$3.86B | USD | Point-in-time |
| Less treasury stock at cost-15,490,168 and 15,578,565 shares at March 31, 2012 and December 31, 2011, respectively |
TreasuryStockValue
|
$3.83B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.37B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.42B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.78B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.85B | USD | Point-in-time |
Income Statement
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Mortgage banking fees |
FeesAndCommissionsMortgageBanking
|
$11.76M | USD | 1 Quarter |
| Mortgage banking fees |
FeesAndCommissionsMortgageBanking
|
$14.30M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
|
$24.84M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
|
$30.96M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$10.84M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$9.66M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$15.17M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$20.12M | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$2.61 | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$3.99 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$3.90 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$2.52 | USD | 1 Quarter |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
5.04M | shares | 1 Quarter |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
5.82M | shares | 1 Quarter |
| Diluted weighted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
6.02M | shares | 1 Quarter |
| Diluted weighted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
5.16M | shares | 1 Quarter |
Cash Flow Statement
67 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$15.17M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$20.12M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.60M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.80M | USD | 1 Quarter |
| Excess income tax benefit from equity-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$876.00K | USD | 1 Quarter |
| Excess income tax benefit from equity-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$17.81M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$16.44M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$15.58M | USD | 1 Quarter |
| Contract land deposit (recoveries) impairments |
ContractLandDepositImpairmentsRecoveries
|
$1.35M | USD | 1 Quarter |
| Contract land deposit (recoveries) impairments |
ContractLandDepositImpairmentsRecoveries
|
$-1.04M | USD | 1 Quarter |
| Gain on sale of loans |
GainLossOnSaleOfMortgageLoans
|
$9.13M | USD | 1 Quarter |
| Gain on sale of loans |
GainLossOnSaleOfMortgageLoans
|
$11.12M | USD | 1 Quarter |
| Mortgage loans closed |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$335.95M | USD | 1 Quarter |
| Mortgage loans closed |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$384.33M | USD | 1 Quarter |
| Proceeds from sales of mortgage loans |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$530.53M | USD | 1 Quarter |
| Proceeds from sales of mortgage loans |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$419.89M | USD | 1 Quarter |
| Principal payments on mortgage loans held for sale |
ProceedsFromCollectionOfMortgageLoansHeldForSale
|
$1.32M | USD | 1 Quarter |
| Principal payments on mortgage loans held for sale |
ProceedsFromCollectionOfMortgageLoansHeldForSale
|
$1.46M | USD | 1 Quarter |
| Distribution of earnings from unconsolidated joint ventures |
DistributionOfEarningsFromUnconsolidatedJointVentures
|
$1.12M | USD | 1 Quarter |
| Distribution of earnings from unconsolidated joint ventures |
DistributionOfEarningsFromUnconsolidatedJointVentures
|
$651.00K | USD | 1 Quarter |
| Increase in inventory |
IncreaseDecreaseInInventories
|
$99.64M | USD | 1 Quarter |
| Increase in inventory |
IncreaseDecreaseInInventories
|
$61.42M | USD | 1 Quarter |
| Increase in contract land deposits |
IncreaseDecreaseInDepositsOutstanding
|
$7.36M | USD | 1 Quarter |
| Increase in contract land deposits |
IncreaseDecreaseInDepositsOutstanding
|
$17.32M | USD | 1 Quarter |
| Decrease in receivables |
IncreaseDecreaseInReceivables
|
$-788.00K | USD | 1 Quarter |
| Decrease in receivables |
IncreaseDecreaseInReceivables
|
$-101.00K | USD | 1 Quarter |
| Increase (decrease) in accounts payable, accrued expenses and customer deposits |
IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses
|
$-27.04M | USD | 1 Quarter |
| Increase (decrease) in accounts payable, accrued expenses and customer deposits |
IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses
|
$32.02M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-3.50M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$8.61M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$90.84M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-9.03M | USD | 1 Quarter |
| Distribution of capital from unconsolidated joint ventures |
EquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$2.45M | USD | 1 Quarter |
| Distribution of capital from unconsolidated joint ventures |
EquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$4.38M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.01M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.90M | 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
|
$155.00K | USD | 1 Quarter |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$3.54M | USD | 1 Quarter |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-291.00K | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$63.41M | USD | 1 Quarter |
| Net repayments under note payable and credit lines |
NetBorrowingsUnderNotesPayableAndCreditLines
|
$-15.03M | USD | 1 Quarter |
| Net repayments under note payable and credit lines |
NetBorrowingsUnderNotesPayableAndCreditLines
|
$-426.00K | USD | 1 Quarter |
| Repayments under non-recourse debt related to consolidated variable interest entity |
RepaymentsOfOtherDebt
|
$1.27M | USD | 1 Quarter |
| Repayments under non-recourse debt related to consolidated variable interest entity |
RepaymentsOfOtherDebt
|
$2.84M | USD | 1 Quarter |
| Borrowings under non-recourse debt related to consolidated variable interest entity |
ProceedsFromOtherDebt
|
$206.00K | USD | 1 Quarter |
| Borrowings under non-recourse debt related to consolidated variable interest entity |
ProceedsFromOtherDebt
|
$1.26M | 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
|
$876.00K | USD | 1 Quarter |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$92.67M | USD | 1 Quarter |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$6.00M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$32.04M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$3.82M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$94.36M | 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
|
$575.16M | USD | Point-in-time |
| Cash and cash equivalents, beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$480.79M | USD | Point-in-time |
| Cash and cash equivalents, beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$1.22B | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$1.19B | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$575.16M | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$480.79M | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$1.22B | USD | Point-in-time |
| Interest paid during the period, net of interest capitalized |
InterestPaidNet
|
$513.00K | USD | 1 Quarter |
| Interest paid during the period, net of interest capitalized |
InterestPaidNet
|
$318.00K | USD | 1 Quarter |
| Income taxes paid during the period, net of refunds |
IncomeTaxesPaidNet
|
$10.63M | USD | 1 Quarter |
| Income taxes paid during the period, net of refunds |
IncomeTaxesPaidNet
|
$-376.00K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.