2018 Q3 Form 10-Q Financial Statement

#000169082018000109 Filed on November 07, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2017 Q3
Revenue $534.9M $225.4M
YoY Change 137.34% 128.01%
Cost Of Revenue $477.6M $205.0M
YoY Change 133.02% 122.6%
Gross Profit $57.31M $20.42M
YoY Change 180.69% 201.74%
Gross Profit Margin 10.71% 9.06%
Selling, General & Admin $115.8M $58.68M
YoY Change 97.3% 109.59%
% of Gross Profit 202.02% 287.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.440M $3.100M
YoY Change 107.74% 44.19%
% of Gross Profit 11.24% 15.18%
Operating Expenses $115.8M $58.68M
YoY Change 97.3% 109.59%
Operating Profit -$58.46M -$38.26M
YoY Change 52.8% 80.23%
Interest Expense $5.649M $838.0K
YoY Change 574.11% 15.59%
% of Operating Profit
Other Income/Expense, Net -$308.0K -$671.0K
YoY Change -54.1% 2064.52%
Pretax Income -$64.40M -$39.80M
YoY Change 61.81%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$16.04M -$4.380M
YoY Change 266.26% -80.08%
Net Earnings / Revenue -3.0% -1.94%
Basic Earnings Per Share
Diluted Earnings Per Share -$461.1K -$293.3K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $527.9M $141.0M
YoY Change 274.4% 56.67%
Cash & Equivalents $439.8M $103.5M
Short-Term Investments $88.20M $37.50M
Other Short-Term Assets $26.45M $9.598M
YoY Change 175.54% -12.75%
Inventory $339.0M $192.2M
Prepaid Expenses
Receivables $23.50M $11.64M
Other Receivables $0.00 $0.00
Total Short-Term Assets $935.4M $366.2M
YoY Change 155.42% 54.0%
LONG-TERM ASSETS
Property, Plant & Equipment $251.9M $126.0M
YoY Change 99.96% 211.87%
Goodwill $9.353M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.200M $2.969M
YoY Change 108.82%
Total Long-Term Assets $276.7M $129.0M
YoY Change 114.58% 219.22%
TOTAL ASSETS
Total Short-Term Assets $935.4M $366.2M
Total Long-Term Assets $276.7M $129.0M
Total Assets $1.212B $495.2M
YoY Change 144.78% 77.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $28.97M $11.54M
YoY Change 150.99% -41.99%
Accrued Expenses $55.90M $32.30M
YoY Change 73.07%
Deferred Revenue
YoY Change
Short-Term Debt $349.4M $195.1M
YoY Change 79.09% 120.95%
Long-Term Debt Due $7.800M $3.400M
YoY Change 129.41% 750.0%
Total Short-Term Liabilities $457.6M $244.4M
YoY Change 87.23% 125.06%
LONG-TERM LIABILITIES
Long-Term Debt $438.7M $16.36M
YoY Change 2581.05% 809.06%
Other Long-Term Liabilities $9.072M $6.920M
YoY Change 31.1%
Total Long-Term Liabilities $9.072M $23.28M
YoY Change -61.04% 1193.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $457.6M $244.4M
Total Long-Term Liabilities $9.072M $23.28M
Total Liabilities $905.3M $267.7M
YoY Change 238.2% 142.48%
SHAREHOLDERS EQUITY
Retained Earnings -$45.95M -$7.419M
YoY Change 519.34%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $109.1M $28.16M
YoY Change
Total Liabilities & Shareholders Equity $1.212B $495.2M
YoY Change 144.78% 77.99%

Cashflow Statement

Concept 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income -$16.04M -$4.380M
YoY Change 266.26% -80.08%
Depreciation, Depletion And Amortization $6.440M $3.100M
YoY Change 107.74% 44.19%
Cash From Operating Activities -$84.39M -$54.72M
YoY Change 54.22% -36.67%
INVESTING ACTIVITIES
Capital Expenditures -$33.80M -$16.83M
YoY Change 100.83% 18.52%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$1.420M
YoY Change -100.0% 202.13%
Cash From Investing Activities -$33.80M -$18.25M
YoY Change 85.21% 24.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 358.9M 31.99M
YoY Change 1021.94% -81.08%
NET CHANGE
Cash From Operating Activities -84.39M -54.72M
Cash From Investing Activities -33.80M -18.25M
Cash From Financing Activities 358.9M 31.99M
Net Change In Cash 240.7M -40.98M
YoY Change -687.41% -160.27%
FREE CASH FLOW
Cash From Operating Activities -$84.39M -$54.72M
Capital Expenditures -$33.80M -$16.83M
Free Cash Flow -$50.59M -$37.89M
YoY Change 33.52% -47.53%

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cvna Increase Decrease In Accounts Payable And Accrued Liabilities Excluding Related Party
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesExcludingRelatedParty
8694000 USD
us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
1710000 USD
us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
258000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-506000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
6920000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-263875000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-116014000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
107228000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
59408000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
6670000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-113898000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-59408000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1297419000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
674411000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1196819000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
644641000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
350000000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
35000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
35000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
46179000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
7596000 USD
us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-8817000 USD
us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-1137000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6309000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1000000 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
172287000 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
206323000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
642000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
28000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1376000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
399000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
4279000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
648915000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
241181000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
271142000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
65759000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
187123000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
49450000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
458265000 USD
CY2017Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
115209000 USD
CY2017Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000.0 shares
CY2017Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
us-gaap Use Of Estimates
UseOfEstimates
Use of EstimatesThe preparation of these accompanying unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions. Certain accounting estimates involve significant judgments, assumptions and estimates by management that have a material impact on the carrying value of certain assets and liabilities, disclosures of contingent assets and liabilities and the reported amounts of revenues and expenses during the reporting period, which management considers to be critical accounting estimates. The judgments, assumptions and estimates used by management are based on historical experience, management’s experience and other factors, which are believed to be reasonable under the circumstances. Because of the nature of the judgments and assumptions made by management, actual results could differ materially from these judgments and estimates, which could have a material impact on the carrying values of the Company’s assets and liabilities and the results of operations.
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
CY2017Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2600000 USD
CY2018Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
4600000 USD
CY2018Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
36836000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
20453000 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
251942000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
148681000 USD
CY2018Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
400000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
700000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
374000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1494000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1494000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1494000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1494000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2893000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9243000 USD
CY2018Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
28972000 USD
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
10546000 USD
CY2018Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
22604000 USD
CY2017Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
9034000 USD
CY2018Q3 cvna Reserve For Returns And Cancellations
ReserveForReturnsAndCancellations
9501000 USD
CY2017Q4 cvna Reserve For Returns And Cancellations
ReserveForReturnsAndCancellations
4545000 USD
CY2018Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7991000 USD
CY2018Q3 us-gaap Interest Payable Current
InterestPayableCurrent
2506000 USD
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5054000 USD
CY2018Q3 cvna Accrued Property Plant And Equipment Current
AccruedPropertyPlantAndEquipmentCurrent
7138000 USD
CY2017Q4 cvna Accrued Property Plant And Equipment Current
AccruedPropertyPlantAndEquipmentCurrent
8325000 USD
CY2018Q3 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
3835000 USD
CY2017Q4 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
4265000 USD
CY2017Q4 us-gaap Interest Payable Current
InterestPayableCurrent
774000 USD
CY2018Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
14314000 USD
CY2017Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
7763000 USD
CY2018Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
96861000 USD
CY2017Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
50306000 USD
CY2018Q3 us-gaap Sale Leaseback Transaction Amount Due Under Financing Arrangement
SaleLeasebackTransactionAmountDueUnderFinancingArrangement
65900000 USD
CY2018Q3 us-gaap Capital Lease Obligations
CapitalLeaseObligations
3400000 USD
CY2017Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000.0 shares
CY2017Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
cvna Common Stock Conversion Ratio
CommonStockConversionRatio
1.25
cvna Noncontrolling Interest Increase As A Result Of Exchanges Of Llc Units
NoncontrollingInterestIncreaseAsAResultOfExchangesOfLLCUnits
13203000 USD
cvna Noncontrolling Interest Increase As A Result Of Exchanges Of Llc Units
NoncontrollingInterestIncreaseAsAResultOfExchangesOfLLCUnits
0 USD
cvna Noncontrolling Interest Increase In Additional Paid In Capital As A Result Of Adjustments To The Noncontrolling Interests
NoncontrollingInterestIncreaseInAdditionalPaidInCapitalAsAResultOfAdjustmentsToTheNoncontrollingInterests
0 USD
cvna Noncontrolling Interest Increase In Additional Paid In Capital As A Result Of Adjustments To The Noncontrolling Interests
NoncontrollingInterestIncreaseInAdditionalPaidInCapitalAsAResultOfAdjustmentsToTheNoncontrollingInterests
333000 USD
cvna Noncontrolling Interest Increase Decrease In Additional Paid In Capital As A Result Of Adjustments To The Noncontrolling Interests And Organizational Transactions
NoncontrollingInterestIncreaseDecreaseInAdditionalPaidInCapitalAsAResultOfAdjustmentsToTheNoncontrollingInterestsAndOrganizationalTransactions
-169164000 USD
cvna Noncontrolling Interest Increase Decrease In Additional Paid In Capital As A Result Of Adjustments To The Noncontrolling Interests And Organizational Transactions
NoncontrollingInterestIncreaseDecreaseInAdditionalPaidInCapitalAsAResultOfAdjustmentsToTheNoncontrollingInterestsAndOrganizationalTransactions
-173922000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13888000 USD
CY2017Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1887000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17981000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4045000 USD
CY2018Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
34900000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y
CY2018Q3 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-64419000 USD
CY2017Q3 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-39769000 USD
us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-168341000 USD
us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-117078000 USD
CY2018Q3 cvna Net Income Loss Attributable To Noncontrolling Interest Prior To The Completion Of Organizational Transactions And Ipo
NetIncomeLossAttributableToNoncontrollingInterestPriorToTheCompletionOfOrganizationalTransactionsAndIPO
-48377000 USD
CY2017Q3 cvna Net Income Loss Attributable To Noncontrolling Interest Prior To The Completion Of Organizational Transactions And Ipo
NetIncomeLossAttributableToNoncontrollingInterestPriorToTheCompletionOfOrganizationalTransactionsAndIPO
-35389000 USD
cvna Net Income Loss Attributable To Noncontrolling Interest Prior To The Completion Of Organizational Transactions And Ipo
NetIncomeLossAttributableToNoncontrollingInterestPriorToTheCompletionOfOrganizationalTransactionsAndIPO
-135291000 USD
cvna Net Income Loss Attributable To Noncontrolling Interest Prior To The Completion Of Organizational Transactions And Ipo
NetIncomeLossAttributableToNoncontrollingInterestPriorToTheCompletionOfOrganizationalTransactionsAndIPO
-104232000 USD
CY2018Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1230000 USD
CY2017Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3950000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2018Q3 cvna Equity Instrument Convertible Beneficial Conversion Feature Accretion
EquityInstrumentConvertibleBeneficialConversionFeatureAccretion
0 USD
CY2017Q3 cvna Equity Instrument Convertible Beneficial Conversion Feature Accretion
EquityInstrumentConvertibleBeneficialConversionFeatureAccretion
0 USD
cvna Equity Instrument Convertible Beneficial Conversion Feature Accretion
EquityInstrumentConvertibleBeneficialConversionFeatureAccretion
1380000 USD
cvna Equity Instrument Convertible Beneficial Conversion Feature Accretion
EquityInstrumentConvertibleBeneficialConversionFeatureAccretion
0 USD
CY2018Q3 cvna Net Income Loss Available To Common Stockholders Including Prior To Completion Of Organizational Transactions And Ipo Adjustment Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersIncludingPriorToCompletionOfOrganizationalTransactionsAndIPOAdjustmentBasicAndDiluted
-17272000 USD
CY2017Q3 cvna Net Income Loss Available To Common Stockholders Including Prior To Completion Of Organizational Transactions And Ipo Adjustment Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersIncludingPriorToCompletionOfOrganizationalTransactionsAndIPOAdjustmentBasicAndDiluted
-4380000 USD
cvna Net Income Loss Available To Common Stockholders Including Prior To Completion Of Organizational Transactions And Ipo Adjustment Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersIncludingPriorToCompletionOfOrganizationalTransactionsAndIPOAdjustmentBasicAndDiluted
-38380000 USD
cvna Net Income Loss Available To Common Stockholders Including Prior To Completion Of Organizational Transactions And Ipo Adjustment Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersIncludingPriorToCompletionOfOrganizationalTransactionsAndIPOAdjustmentBasicAndDiluted
-12846000 USD
CY2018Q3 cvna Deferred Tax Liability Not Recognized Tax Receivable Agreement
DeferredTaxLiabilityNotRecognizedTaxReceivableAgreement
69000000.0 USD
CY2018Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
1500000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
4100000 USD
CY2017Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
1100000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2900000 USD
cvna Standard Product Warranty Number Of Miles
StandardProductWarrantyNumberOfMiles
4189 mi
CY2018Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1100000 USD
CY2017Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
800000 USD
us-gaap Interest Paid
InterestPaid
11976000 USD
us-gaap Interest Paid
InterestPaid
4668000 USD
cvna Interest Paid Related Party
InterestPaidRelatedParty
0 USD
cvna Interest Paid Related Party
InterestPaidRelatedParty
382000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
8538000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
11006000 USD
us-gaap Notes Issued1
NotesIssued1
10139000 USD
us-gaap Notes Issued1
NotesIssued1
7988000 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
1733000 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
3369000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0 USD
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
0 USD
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
9439000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
439794000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
172680000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
103454000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
39184000 USD
CY2018Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
18471000 USD
CY2017Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
14443000 USD
CY2017Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
11755000 USD
CY2016Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
10266000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
458265000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
187123000 USD
CY2017Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
115209000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
49450000 USD

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