10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-13-180722 |
| Period End Date | 20130331 |
| Filing Date | 20130429 |
| Fiscal Year | 2013 |
| Fiscal Period | Q1 |
| XBRL Instance | nvr-20130331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
46 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
|
152,223.00 | shares | Point-in-time |
| Deferred compensation trust, shares |
DeferredCompensationTrustShares
|
109,623.00 | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
15.64M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
15.56M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.09B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$480.79M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.15B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$575.16M | USD | Point-in-time |
| Mortgage loans held for sale, net |
LoansHeldForSaleMortgages
|
$128.05M | USD | Point-in-time |
| Land under development |
InventoryRealEstateLandAndLandDevelopmentCosts
|
$96.23M | USD | Point-in-time |
| Assets related to consolidated variable interest entity |
VariableInterestEntityConsolidatedCarryingAmountAssets
|
$11.44M | USD | Point-in-time |
| Assets related to consolidated variable interest entity |
VariableInterestEntityConsolidatedCarryingAmountAssets
|
$15.63M | USD | Point-in-time |
| Contract land deposits, net |
DepositsAssets
|
$191.54M | USD | Point-in-time |
| Contract land deposits, net |
DepositsAssets
|
$193.22M | USD | Point-in-time |
| Goodwill and finite-lived intangible assets, net |
IntangibleAssetsNetIncludingGoodwill
|
$57.75M | USD | Point-in-time |
| Goodwill and finite-lived intangible assets, net |
IntangibleAssetsNetIncludingGoodwill
|
$58.15M | USD | Point-in-time |
| Total assets |
Assets
|
$2.67B | USD | Point-in-time |
| Total assets |
Assets
|
$2.60B | USD | Point-in-time |
| Non-recourse debt related to consolidated variable interest entity |
NonRecourseDebt
|
$2.54M | USD | Point-in-time |
| Non-recourse debt related to consolidated variable interest entity |
NonRecourseDebt
|
$4.57M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.12B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.11B | 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, 2013 and December 31, 2012 |
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, 2013 and December 31, 2012 |
CommonStockValue
|
$206.00K | USD | Point-in-time |
| Additional paid-in-capital |
AdditionalPaidInCapitalCommonStock
|
$1.18B | USD | Point-in-time |
| Additional paid-in-capital |
AdditionalPaidInCapitalCommonStock
|
$1.17B | USD | Point-in-time |
| Deferred compensation trust - 109,623 and 152,223 shares of NVR, Inc. common stock as of March 31, 2013 and December 31, 2012, respectively |
CommonStockSharesHeldInEmployeeTrust
|
$17.86M | USD | Point-in-time |
| Deferred compensation trust - 109,623 and 152,223 shares of NVR, Inc. common stock as of March 31, 2013 and December 31, 2012, respectively |
CommonStockSharesHeldInEmployeeTrust
|
$25.33M | USD | Point-in-time |
| Deferred compensation liability |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$25.33M | USD | Point-in-time |
| Deferred compensation liability |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$17.86M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$4.37B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$4.34B | USD | Point-in-time |
| Less treasury stock at cost - 15,559,314 and 15,642,068 shares at March 31, 2013 and December 31, 2012, respectively |
TreasuryStockValue
|
$4.03B | USD | Point-in-time |
| Less treasury stock at cost - 15,559,314 and 15,642,068 shares at March 31, 2013 and December 31, 2012, respectively |
TreasuryStockValue
|
$4.01B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.48B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.55B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$2.67B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$2.60B | USD | Point-in-time |
Income Statement
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Mortgage banking fees |
FeesAndCommissionsMortgageBanking
|
$14.30M | USD | 1 Quarter |
| Mortgage banking fees |
FeesAndCommissionsMortgageBanking
|
$19.39M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
|
$55.10M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
|
$30.96M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$20.06M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$10.84M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$20.12M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$35.04M | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$7.04 | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$3.99 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$6.84 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$3.90 | USD | 1 Quarter |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
4.98M | shares | 1 Quarter |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
5.04M | shares | 1 Quarter |
| Diluted weighted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
5.12M | shares | 1 Quarter |
| Diluted weighted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
5.16M | shares | 1 Quarter |
Cash Flow Statement
65 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$20.12M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$35.04M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.80M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$2.77M | 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
|
$23.10M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$16.44M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$8.06M | USD | 1 Quarter |
| Contract land deposit recoveries |
AssetImpairmentCharges
|
$-1.01M | USD | 1 Quarter |
| Contract land deposit recoveries |
AssetImpairmentCharges
|
$-1.04M | USD | 1 Quarter |
| Gain on sale of loans |
GainLossOnSaleOfMortgageLoans
|
$15.57M | USD | 1 Quarter |
| Gain on sale of loans |
GainLossOnSaleOfMortgageLoans
|
$11.12M | USD | 1 Quarter |
| Mortgage loans closed |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$434.75M | USD | 1 Quarter |
| Mortgage loans closed |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$384.33M | USD | 1 Quarter |
| Proceeds from sales of mortgage loans |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$509.58M | USD | 1 Quarter |
| Proceeds from sales of mortgage loans |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$530.53M | USD | 1 Quarter |
| Principal payments on mortgage loans held for sale |
ProceedsFromCollectionOfMortgageLoansHeldForSale
|
$339.00K | USD | 1 Quarter |
| Principal payments on mortgage loans held for sale |
ProceedsFromCollectionOfMortgageLoansHeldForSale
|
$1.46M | USD | 1 Quarter |
| Distribution of earnings from unconsolidated joint ventures |
EquityMethodInvestmentDividendsOrDistributions
|
$651.00K | USD | 1 Quarter |
| Increase in inventory |
IncreaseDecreaseInInventories
|
$99.64M | USD | 1 Quarter |
| Increase in inventory |
IncreaseDecreaseInInventories
|
$159.85M | USD | 1 Quarter |
| Increase in contract land deposits |
IncreaseDecreaseInDepositsOutstanding
|
$7.36M | USD | 1 Quarter |
| Increase in contract land deposits |
IncreaseDecreaseInDepositsOutstanding
|
$666.00K | USD | 1 Quarter |
| (Increase) decrease in receivables |
IncreaseDecreaseInReceivables
|
$5.21M | USD | 1 Quarter |
| (Increase) decrease in receivables |
IncreaseDecreaseInReceivables
|
$-788.00K | USD | 1 Quarter |
| Increase in accounts payable, accrued expenses and customer deposits |
IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses
|
$32.02M | USD | 1 Quarter |
| Increase in accounts payable, accrued expenses and customer deposits |
IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses
|
$13.16M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$8.61M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$6.88M | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$90.84M | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-78.09M | USD | 1 Quarter |
| Investments in and advances to unconsolidated joint ventures |
PaymentsToAcquireInterestInJointVenture
|
$11.00M | USD | 1 Quarter |
| Distribution of capital from unconsolidated joint ventures |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$2.45M | USD | 1 Quarter |
| Distribution of capital from unconsolidated joint ventures |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$333.00K | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.90M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.46M | USD | 1 Quarter |
| Proceeds from the sale of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$116.00K | USD | 1 Quarter |
| Proceeds from the sale of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$155.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-291.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-14.01M | USD | 1 Quarter |
| Net repayments under note payable and credit lines |
NetBorrowingsRepaymentsUnderNotePayableAndCreditLines
|
$-153.00K | USD | 1 Quarter |
| Net repayments under note payable and credit lines |
NetBorrowingsRepaymentsUnderNotePayableAndCreditLines
|
$-426.00K | USD | 1 Quarter |
| Repayments under non-recourse debt related to consolidated variable interest entity |
RepaymentsOfOtherDebt
|
$2.84M | USD | 1 Quarter |
| Repayments under non-recourse debt related to consolidated variable interest entity |
RepaymentsOfOtherDebt
|
$2.04M | USD | 1 Quarter |
| Borrowings under non-recourse debt related to consolidated variable interest entity |
ProceedsFromOtherDebt
|
$206.00K | USD | 1 Quarter |
| Excess income tax benefit from equity-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$876.00K | USD | 1 Quarter |
| Excess income tax benefit from equity-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$23.10M | USD | 1 Quarter |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$5.41M | USD | 1 Quarter |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$6.00M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$3.82M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$26.32M | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-65.78M | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$94.36M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$1.09B | 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
|
$1.15B | USD | Point-in-time |
| Cash and cash equivalents, beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$575.16M | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$1.09B | 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
|
$1.15B | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$575.16M | USD | Point-in-time |
| Interest paid during the period, net of interest capitalized |
InterestPaidNet
|
$318.00K | USD | 1 Quarter |
| Interest paid during the period, net of interest capitalized |
InterestPaidNet
|
$12.39M | USD | 1 Quarter |
| Income taxes paid during the period, net of refunds |
IncomeTaxesPaidNet
|
$-376.00K | USD | 1 Quarter |
| Income taxes paid during the period, net of refunds |
IncomeTaxesPaidNet
|
$3.24M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.