10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-16-017128 |
| Period End Date | 20160331 |
| Filing Date | 20160429 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | nvr-20160331.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
|
108,621.00 | shares | Point-in-time |
| Deferred compensation trust, shares |
CommonStockSharesHeldInEmployeeTrustShares
|
108,614.00 | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
16.66M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
16.66M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$318.98M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$532.51M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$545.42M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$425.32M | USD | Point-in-time |
| Land under development |
InventoryRealEstateLandAndLandDevelopmentCosts
|
$163.83M | USD | Point-in-time |
| Contract land deposits, net |
DepositsAssets
|
$343.30M | USD | Point-in-time |
| Contract land deposits, net |
DepositsAssets
|
$346.95M | USD | Point-in-time |
| Total assets |
Assets
|
$2.54B | USD | Point-in-time |
| Total assets |
Assets
|
$2.51B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.29B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.27B | 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, 2016 and December 31, 2015 |
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, 2016 and December 31, 2015 |
CommonStockValue
|
$206.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.47B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.45B | USD | Point-in-time |
| Deferred compensation trust 108,621 and 108,614 shares of NVR, Inc. common stock as of March 31, 2016 and December 31, 2015 |
CommonStockSharesHeldInEmployeeTrust
|
$17.33M | USD | Point-in-time |
| Deferred compensation trust 108,621 and 108,614 shares of NVR, Inc. common stock as of March 31, 2016 and December 31, 2015 |
CommonStockSharesHeldInEmployeeTrust
|
$17.34M | USD | Point-in-time |
| Deferred compensation liability |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$17.33M | USD | Point-in-time |
| Deferred compensation liability |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$17.34M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$5.34B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$5.27B | USD | Point-in-time |
| Less treasury stock at cost 16,660,526 and 16,664,342 shares as of March 31, 2016 and December 31, 2015, respectively |
TreasuryStockValue
|
$5.48B | USD | Point-in-time |
| Less treasury stock at cost 16,660,526 and 16,664,342 shares as of March 31, 2016 and December 31, 2015, respectively |
TreasuryStockValue
|
$5.55B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.26B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.24B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$2.54B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$2.51B | USD | Point-in-time |
Income Statement
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest expense |
InterestExpense
|
$5.92M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$5.09M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$103.31M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$62.36M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$38.01M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$23.30M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$39.06M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$65.30M | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$9.63 | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$16.81 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$15.79 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$9.22 | USD | 1 Quarter |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
4.06M | shares | 1 Quarter |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.88M | shares | 1 Quarter |
| Diluted weighted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
4.24M | shares | 1 Quarter |
| Diluted weighted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
4.13M | shares | 1 Quarter |
Cash Flow Statement
67 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$39.06M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$65.30M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$5.45M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$5.28M | USD | 1 Quarter |
| Excess income tax benefit from equity-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$6.28M | USD | 1 Quarter |
| Excess income tax benefit from equity-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$8.00M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$13.40M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$10.55M | USD | 1 Quarter |
| Contract land deposit (recoveries) impairments, net |
ContractLandDepositImpairmentRecoveries
|
$33.00K | USD | 1 Quarter |
| Contract land deposit (recoveries) impairments, net |
ContractLandDepositImpairmentRecoveries
|
$-1.30M | USD | 1 Quarter |
| Gain on sale of loans, net |
GainLossOnSaleOfMortgageLoans
|
$11.24M | USD | 1 Quarter |
| Gain on sale of loans, net |
GainLossOnSaleOfMortgageLoans
|
$17.02M | USD | 1 Quarter |
| Mortgage loans closed |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$545.33M | USD | 1 Quarter |
| Mortgage loans closed |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$688.36M | USD | 1 Quarter |
| Mortgage loans sold and principal payments on mortgage loans held for sale |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$606.93M | USD | 1 Quarter |
| Mortgage loans sold and principal payments on mortgage loans held for sale |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$839.30M | USD | 1 Quarter |
| Distribution of earnings from unconsolidated joint ventures |
EquityMethodInvestmentDividendsOrDistributions
|
$5.85M | USD | 1 Quarter |
| Distribution of earnings from unconsolidated joint ventures |
EquityMethodInvestmentDividendsOrDistributions
|
$3.52M | USD | 1 Quarter |
| Increase in inventory |
IncreaseDecreaseInInventories
|
$254.64M | USD | 1 Quarter |
| Increase in inventory |
IncreaseDecreaseInInventories
|
$84.21M | USD | 1 Quarter |
| Increase in contract land deposits |
IncreaseDecreaseInDepositsOutstanding
|
$2.35M | USD | 1 Quarter |
| Increase in contract land deposits |
IncreaseDecreaseInDepositsOutstanding
|
$478.00K | USD | 1 Quarter |
| (Increase) decrease in receivables |
IncreaseDecreaseInReceivables
|
$-223.00K | USD | 1 Quarter |
| (Increase) decrease in receivables |
IncreaseDecreaseInReceivables
|
$4.02M | USD | 1 Quarter |
| Decrease in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-31.98M | USD | 1 Quarter |
| Decrease in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-1.38M | USD | 1 Quarter |
| Increase in customer deposits |
IncreaseDecreaseInCustomerDeposits
|
$19.21M | USD | 1 Quarter |
| Increase in customer deposits |
IncreaseDecreaseInCustomerDeposits
|
$15.59M | USD | 1 Quarter |
| Other, net |
OtherOperatingActivitiesCashFlowStatement
|
$-10.35M | USD | 1 Quarter |
| Other, net |
OtherOperatingActivitiesCashFlowStatement
|
$-10.62M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-46.28M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-1.60M | USD | 1 Quarter |
| Investments in and advances to unconsolidated joint ventures |
PaymentsToAcquireInterestInJointVenture
|
$138.00K | USD | 1 Quarter |
| Investments in and advances to unconsolidated joint ventures |
PaymentsToAcquireInterestInJointVenture
|
$863.00K | USD | 1 Quarter |
| Distribution of capital from unconsolidated joint ventures |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$6.15M | USD | 1 Quarter |
| Distribution of capital from unconsolidated joint ventures |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$4.02M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$5.43M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$4.89M | USD | 1 Quarter |
| Proceeds from the sale of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$199.00K | USD | 1 Quarter |
| Proceeds from the sale of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$138.00K | USD | 1 Quarter |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-1.35M | USD | 1 Quarter |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$536.00K | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$87.10M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$63.10M | USD | 1 Quarter |
| Repayments under non-recourse debt related to consolidated variable interest entity and note payable |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$64.00K | USD | 1 Quarter |
| Distributions to partner in consolidated variable interest entity |
PaymentsToMinorityShareholders
|
$150.00K | USD | 1 Quarter |
| Distributions to partner in consolidated variable interest entity |
PaymentsToMinorityShareholders
|
$300.00K | USD | 1 Quarter |
| Excess income tax benefit from equity-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$8.00M | USD | 1 Quarter |
| Excess income tax benefit from equity-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$6.28M | USD | 1 Quarter |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$22.26M | USD | 1 Quarter |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$43.63M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-11.84M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-58.70M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-12.91M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-106.33M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$318.98M | USD | Point-in-time |
| Cash and cash equivalents, beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$532.51M | USD | Point-in-time |
| Cash and cash equivalents, beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$545.42M | USD | Point-in-time |
| Cash and cash equivalents, beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$425.32M | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$318.98M | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$532.51M | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$545.42M | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$425.32M | USD | Point-in-time |
| Interest paid during the period, net of interest capitalized |
InterestPaidNet
|
$10.84M | USD | 1 Quarter |
| Interest paid during the period, net of interest capitalized |
InterestPaidNet
|
$12.04M | USD | 1 Quarter |
| Income taxes paid during the period, net of refunds |
IncomeTaxesPaidNet
|
$16.52M | USD | 1 Quarter |
| Income taxes paid during the period, net of refunds |
IncomeTaxesPaidNet
|
$14.46M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.