10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-14-180134 |
| Period End Date | 20140331 |
| Filing Date | 20140502 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | nvr-20140331.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 |
CommonStockSharesHeldInEmployeeTrustShares
|
109,256.00 | shares | Point-in-time |
| Deferred compensation trust, shares |
CommonStockSharesHeldInEmployeeTrustShares
|
109,256.00 | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
16.06M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
16.12M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.09B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$866.25M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.15B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$879.32M | USD | Point-in-time |
| Mortgage loans held for sale, net |
LoansHeldForSaleMortgages
|
$123.83M | USD | Point-in-time |
| Land under development |
InventoryRealEstateLandAndLandDevelopmentCosts
|
$46.08M | USD | Point-in-time |
| Assets related to consolidated variable interest entity |
VariableInterestEntityConsolidatedCarryingAmountAssets
|
$7.27M | USD | Point-in-time |
| Assets related to consolidated variable interest entity |
VariableInterestEntityConsolidatedCarryingAmountAssets
|
$6.59M | USD | Point-in-time |
| Contract land deposits, net |
DepositsAssets
|
$236.88M | USD | Point-in-time |
| Contract land deposits, net |
DepositsAssets
|
$246.20M | USD | Point-in-time |
| Total assets |
Assets
|
$2.52B | USD | Point-in-time |
| Total assets |
Assets
|
$2.49B | USD | Point-in-time |
| Non-recourse debt related to consolidated variable interest entity |
NonRecourseDebt
|
$3.37M | USD | Point-in-time |
| Non-recourse debt related to consolidated variable interest entity |
NonRecourseDebt
|
$2.15M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.20B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.22B | 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 March 31, 2014 and December 31, 2013 |
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 March 31, 2014 and December 31, 2013 |
CommonStockValue
|
$206.00K | USD | Point-in-time |
| Additional paid-in-capital |
AdditionalPaidInCapitalCommonStock
|
$1.26B | USD | Point-in-time |
| Additional paid-in-capital |
AdditionalPaidInCapitalCommonStock
|
$1.21B | USD | Point-in-time |
| Deferred compensation trust - 109,256 shares of NVR, Inc. common stock as of both March 31, 2014 and December 31, 2013 |
CommonStockSharesHeldInEmployeeTrust
|
$17.74M | USD | Point-in-time |
| Deferred compensation trust - 109,256 shares of NVR, Inc. common stock as of both March 31, 2014 and December 31, 2013 |
CommonStockSharesHeldInEmployeeTrust
|
$17.74M | USD | Point-in-time |
| Deferred compensation liability |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$17.74M | USD | Point-in-time |
| Deferred compensation liability |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$17.74M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$4.61B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$4.63B | USD | Point-in-time |
| Less treasury stock at cost - 16,061,912 and 16,121,605 shares at March 31, 2014 and December 31, 2013, respectively |
TreasuryStockValue
|
$4.56B | USD | Point-in-time |
| Less treasury stock at cost - 16,061,912 and 16,121,605 shares at March 31, 2014 and December 31, 2013, respectively |
TreasuryStockValue
|
$4.56B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.26B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.33B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$2.52B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$2.49B | USD | Point-in-time |
Income Statement
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest expense |
InterestExpense
|
$5.57M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$5.79M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$55.10M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$49.71M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$25.86M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$20.06M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$35.04M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$23.85M | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$7.04 | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$5.34 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$5.16 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$6.84 | USD | 1 Quarter |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
4.47M | shares | 1 Quarter |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
4.98M | shares | 1 Quarter |
| Diluted weighted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
4.62M | shares | 1 Quarter |
| Diluted weighted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
5.12M | shares | 1 Quarter |
Cash Flow Statement
61 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$35.04M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$23.85M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$2.77M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$3.71M | USD | 1 Quarter |
| Excess income tax benefit from equity-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$23.10M | USD | 1 Quarter |
| Excess income tax benefit from equity-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$5.70M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$10.70M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$8.06M | USD | 1 Quarter |
| Contract land deposit recoveries, net |
AssetImpairmentCharges
|
$-1.01M | USD | 1 Quarter |
| Contract land deposit recoveries, net |
AssetImpairmentCharges
|
$-1.98M | USD | 1 Quarter |
| Gain on sale of loans |
GainLossOnSaleOfMortgageLoans
|
$15.57M | USD | 1 Quarter |
| Gain on sale of loans |
GainLossOnSaleOfMortgageLoans
|
$8.00M | USD | 1 Quarter |
| Mortgage loans closed |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$434.75M | USD | 1 Quarter |
| Mortgage loans closed |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$416.80M | USD | 1 Quarter |
| Mortgage loans sold and principal payments on mortgage loans held for sale |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$509.92M | USD | 1 Quarter |
| Mortgage loans sold and principal payments on mortgage loans held for sale |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$514.16M | USD | 1 Quarter |
| Distribution of earnings from unconsolidated joint ventures |
EquityMethodInvestmentDividendsOrDistributions
|
$3.70M | USD | 1 Quarter |
| Increase in inventory |
IncreaseDecreaseInInventories
|
$102.73M | USD | 1 Quarter |
| Increase in inventory |
IncreaseDecreaseInInventories
|
$159.85M | USD | 1 Quarter |
| Increase in contract land deposits |
IncreaseDecreaseInDepositsOutstanding
|
$7.34M | USD | 1 Quarter |
| Increase in contract land deposits |
IncreaseDecreaseInDepositsOutstanding
|
$666.00K | USD | 1 Quarter |
| Increase in receivables |
IncreaseDecreaseInReceivables
|
$281.00K | USD | 1 Quarter |
| Increase in receivables |
IncreaseDecreaseInReceivables
|
$5.21M | USD | 1 Quarter |
| (Decrease) increase in accounts payable, accrued expenses and customer deposits |
IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses
|
$-19.15M | USD | 1 Quarter |
| (Decrease) increase in accounts payable, accrued expenses and customer deposits |
IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses
|
$13.16M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$6.88M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$9.94M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-78.09M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-15.79M | 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
|
$5.30M | USD | 1 Quarter |
| Distribution of capital from unconsolidated joint ventures |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$333.00K | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$5.43M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.46M | USD | 1 Quarter |
| Proceeds from sale of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$142.00K | USD | 1 Quarter |
| Proceeds from sale of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$116.00K | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-14.01M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$5.00K | USD | 1 Quarter |
| Purchases of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$32.58M | USD | 1 Quarter |
| Repayments under non-recourse debt related to consolidated variable interest entity and note payable |
RepaymentsOfOtherDebt
|
$2.19M | USD | 1 Quarter |
| Repayments under non-recourse debt related to consolidated variable interest entity and note payable |
RepaymentsOfOtherDebt
|
$1.33M | USD | 1 Quarter |
| Excess income tax benefit from equity-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$5.70M | 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
|
$57.06M | USD | 1 Quarter |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$5.41M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$28.85M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$26.32M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$13.07M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-65.78M | 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
|
$866.25M | 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
|
$879.32M | 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
|
$866.25M | 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
|
$879.32M | USD | Point-in-time |
| Interest paid during the period, net of interest capitalized |
InterestPaidNet
|
$12.39M | USD | 1 Quarter |
| Interest paid during the period, net of interest capitalized |
InterestPaidNet
|
$12.03M | USD | 1 Quarter |
| Income taxes paid during the period, net of refunds |
IncomeTaxesPaidNet
|
$28.66M | 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.