2018 Q4 Form 10-K Financial Statement

#000169082019000024 Filed on February 27, 2019

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2018 Q2
Revenue $584.8M $534.9M $475.3M
YoY Change 120.65% 137.34% 127.01%
Cost Of Revenue $528.7M $477.6M $426.3M
YoY Change 117.39% 133.02% 120.48%
Gross Profit $56.13M $57.31M $49.04M
YoY Change 156.44% 180.69% 205.72%
Gross Profit Margin 9.6% 10.71% 10.32%
Selling, General & Admin $130.7M $115.8M $95.65M
YoY Change 95.66% 97.3% 83.91%
% of Gross Profit 232.84% 202.02% 195.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.240M $6.440M $5.250M
YoY Change 89.53% 107.74% 102.7%
% of Gross Profit 12.9% 11.24% 10.71%
Operating Expenses $130.8M $115.8M $95.65M
YoY Change 95.81% 97.3% 83.91%
Operating Profit -$74.67M -$58.46M -$46.62M
YoY Change 66.26% 52.8% 29.59%
Interest Expense -$11.70M $5.649M $4.165M
YoY Change 408.7% 574.11% 66.13%
% of Operating Profit
Other Income/Expense, Net -$308.0K -$468.0K
YoY Change -54.1% 19.69%
Pretax Income -$86.40M -$64.40M -$51.30M
YoY Change 83.05% 61.81% 31.88%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$22.43M -$16.04M -$9.965M
YoY Change 309.23% 266.26% -31.47%
Net Earnings / Revenue -3.83% -3.0% -2.1%
Basic Earnings Per Share
Diluted Earnings Per Share -$568.5K -$461.1K -$359.7K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q4 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $184.1M $527.9M $276.3M
YoY Change -15.63% 274.4% 63.98%
Cash & Equivalents $78.86M $439.8M $199.2M
Short-Term Investments $105.2M $88.20M $77.10M
Other Short-Term Assets $23.58M $26.45M $22.26M
YoY Change 52.34% 175.54% 124.48%
Inventory $412.2M $339.0M $303.0M
Prepaid Expenses
Receivables $33.12M $23.50M $23.57M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $662.9M $935.4M $643.5M
YoY Change 35.35% 155.42% 70.75%
LONG-TERM ASSETS
Property, Plant & Equipment $296.8M $251.9M $217.4M
YoY Change 99.65% 99.96% 104.86%
Goodwill $9.353M $9.353M $6.868M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $13.10M $6.200M $4.372M
YoY Change 378.38% 108.82% 130.96%
Total Long-Term Assets $328.2M $276.7M $238.3M
YoY Change 116.72% 114.58% 120.58%
TOTAL ASSETS
Total Short-Term Assets $662.9M $935.4M $643.5M
Total Long-Term Assets $328.2M $276.7M $238.3M
Total Assets $991.0M $1.212B $881.8M
YoY Change 54.57% 144.78% 81.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $33.03M $28.97M $24.00M
YoY Change 213.22% 150.99% 239.36%
Accrued Expenses $77.10M $55.90M $57.90M
YoY Change 93.72% 73.07% 123.55%
Deferred Revenue $2.890M
YoY Change
Short-Term Debt $197.0M $349.4M $347.1M
YoY Change -20.82% 79.09% 108.09%
Long-Term Debt Due $208.1M $7.800M $6.700M
YoY Change 3980.31% 129.41% 252.63%
Total Short-Term Liabilities $329.5M $457.6M $438.8M
YoY Change 7.67% 87.23% 115.28%
LONG-TERM LIABILITIES
Long-Term Debt $425.3M $438.7M $76.90M
YoY Change 777.01% 2581.05% 648.13%
Other Long-Term Liabilities $8.725M $9.072M $6.957M
YoY Change 23.01% 31.1% 30.35%
Total Long-Term Liabilities $434.1M $9.072M $6.957M
YoY Change 6019.75% -61.04% -55.45%
TOTAL LIABILITIES
Total Short-Term Liabilities $329.5M $457.6M $438.8M
Total Long-Term Liabilities $434.1M $9.072M $6.957M
Total Liabilities $763.6M $905.3M $522.7M
YoY Change 111.17% 238.2% 138.16%
SHAREHOLDERS EQUITY
Retained Earnings -$68.38M -$45.95M -$29.91M
YoY Change 430.08% 519.34% 884.11%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $79.69M $109.1M $163.7M
YoY Change
Total Liabilities & Shareholders Equity $991.0M $1.212B $881.8M
YoY Change 54.57% 144.78% 81.85%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income -$22.43M -$16.04M -$9.965M
YoY Change 309.23% 266.26% -31.47%
Depreciation, Depletion And Amortization $7.240M $6.440M $5.250M
YoY Change 89.53% 107.74% 102.7%
Cash From Operating Activities -$150.5M -$84.39M -$48.04M
YoY Change 79.31% 54.22% 471.9%
INVESTING ACTIVITIES
Capital Expenditures -$36.44M -$33.80M -$45.42M
YoY Change 90.99% 100.83% 89.09%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 -$6.670M
YoY Change -100.0% 9428.57%
Cash From Investing Activities -$36.44M -$33.80M -$52.09M
YoY Change 107.16% 85.21% 116.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -182.7M 358.9M 177.8M
YoY Change -204.43% 1021.94% 6.18%
NET CHANGE
Cash From Operating Activities -150.5M -84.39M -48.04M
Cash From Investing Activities -36.44M -33.80M -52.09M
Cash From Financing Activities -182.7M 358.9M 177.8M
Net Change In Cash -369.6M 240.7M 77.62M
YoY Change -603.42% -687.41% -42.47%
FREE CASH FLOW
Cash From Operating Activities -$150.5M -$84.39M -$48.04M
Capital Expenditures -$36.44M -$33.80M -$45.42M
Free Cash Flow -$114.0M -$50.59M -$2.620M
YoY Change 75.88% 33.52% -116.77%

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CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
24095000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
5611000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
555000 USD
CY2018 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2305000 USD
CY2017 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1646000 USD
CY2016 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 USD
CY2018 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
1259539000 USD
CY2017 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
529153000 USD
CY2016 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
224169000 USD
CY2018 us-gaap Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
1633519000 USD
CY2017 us-gaap Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
527265000 USD
CY2016 us-gaap Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
269262000 USD
CY2018 us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
387445000 USD
CY2017 us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
0 USD
CY2016 us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
0 USD
CY2018 cvna Proceedsfrom Saleof Loans Heldforsale Related Party
ProceedsfromSaleofLoansHeldforsaleRelatedParty
0 USD
CY2017 cvna Proceedsfrom Saleof Loans Heldforsale Related Party
ProceedsfromSaleofLoansHeldforsaleRelatedParty
0 USD
CY2016 cvna Proceedsfrom Saleof Loans Heldforsale Related Party
ProceedsfromSaleofLoansHeldforsaleRelatedParty
13015000 USD
CY2018 cvna Paymentsto Acquire Loans Heldforsale Related Party
PaymentstoAcquireLoansHeldforsaleRelatedParty
0 USD
CY2017 cvna Paymentsto Acquire Loans Heldforsale Related Party
PaymentstoAcquireLoansHeldforsaleRelatedParty
0 USD
CY2016 cvna Paymentsto Acquire Loans Heldforsale Related Party
PaymentstoAcquireLoansHeldforsaleRelatedParty
74589000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
19212000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8715000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3492000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
183068000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
40839000 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
117468000 USD
CY2018 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
7291000 USD
CY2017 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
6605000 USD
CY2016 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
7157000 USD
CY2018 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
4958000 USD
CY2017 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
1019000 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
0 USD
CY2018 cvna Increase Decreasein Accounts Payableand Accrued Liabilities Excluding Related Party
IncreaseDecreaseinAccountsPayableandAccruedLiabilitiesExcludingRelatedParty
66461000 USD
CY2017 cvna Increase Decreasein Accounts Payableand Accrued Liabilities Excluding Related Party
IncreaseDecreaseinAccountsPayableandAccruedLiabilitiesExcludingRelatedParty
16986000 USD
CY2016 cvna Increase Decreasein Accounts Payableand Accrued Liabilities Excluding Related Party
IncreaseDecreaseinAccountsPayableandAccruedLiabilitiesExcludingRelatedParty
17922000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
2089000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
-82000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
-19552000 USD
CY2018 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-853000 USD
CY2017 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
7093000 USD
CY2016 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
0 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-414340000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-199924000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-240225000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
143668000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
78490000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
39539000 USD
CY2018 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
6670000 USD
CY2017 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
CY2016 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-150338000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-78490000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-39539000 USD
CY2018 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1848051000 USD
CY2017 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
949144000 USD
CY2016 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
410562000 USD
CY2018 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1899880000 USD
CY2017 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
865665000 USD
CY2016 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
287551000 USD
CY2018 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
350000000 USD
CY2017 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 USD
CY2016 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 USD
CY2018 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
CY2017 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
35000000 USD
CY2016 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
CY2018 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
CY2017 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
35000000 USD
CY2016 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
49063000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
32698000 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2018 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-35522000 USD
CY2017 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-2259000 USD
CY2016 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-284000 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
11390000 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2055000 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
728000 USD
CY2018 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
172287000 USD
CY2017 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
206198000 USD
CY2016 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
-398000 USD
CY2018 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
-12000 USD
CY2017 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
98682000 USD
CY2016 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
0 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
795000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
48000 USD
CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2509000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
704000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
CY2018 us-gaap Payments Of Dividends
PaymentsOfDividends
4619000 USD
CY2017 us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
CY2016 us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
466264000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
416087000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
283965000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-98414000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
137673000 USD
CY2016 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4201000 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
CY2015Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
45249000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
88709000 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
CY2018 cvna Common Ownership Number Of Classes
CommonOwnershipNumberOfClasses
2 class
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
CY2018 us-gaap Use Of Estimates
UseOfEstimates
Use of EstimatesThe preparation of these 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.
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
400000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
400000 USD
CY2018Q4 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
1800000 USD
CY2017Q4 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
900000 USD
CY2018 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2017 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2016 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2017 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2016 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2018 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2018 us-gaap Advertising Expense
AdvertisingExpense
111200000 USD
CY2017 us-gaap Advertising Expense
AdvertisingExpense
55700000 USD
CY2016 us-gaap Advertising Expense
AdvertisingExpense
27000000.0 USD
CY2018 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
35200000 USD
CY2017 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
14400000 USD
CY2016 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
8400000 USD
CY2018 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.40
CY2018 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.06
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1100000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
700000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
300000 USD
CY2018 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2017Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2600000 USD
CY2018Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
5300000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
44050000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
20453000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
296839000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
148681000 USD
CY2018Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
17400000 USD
CY2017Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
11500000 USD
CY2016Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
4400000 USD
CY2018 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
13600000 USD
CY2017 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
7900000 USD
CY2016 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
3700000 USD
CY2018 us-gaap Interest Costs Incurred
InterestCostsIncurred
26600000 USD
CY2017 us-gaap Interest Costs Incurred
InterestCostsIncurred
8600000 USD
CY2016 us-gaap Interest Costs Incurred
InterestCostsIncurred
3600000 USD
CY2018 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1600000 USD
CY2016 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0.0 USD
CY2017 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
900000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1100000 USD
CY2018 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P6Y
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1494000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1494000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1494000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1494000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1308000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1585000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8869000 USD
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
29141000 USD
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
10546000 USD
CY2018Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
27651000 USD
CY2017Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
9034000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
13477000 USD
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5054000 USD
CY2018Q4 cvna Reserve For Returns And Cancellations
ReserveForReturnsAndCancellations
11284000 USD
CY2017Q4 cvna Reserve For Returns And Cancellations
ReserveForReturnsAndCancellations
4545000 USD
CY2018Q4 us-gaap Interest Payable Current
InterestPayableCurrent
9206000 USD
CY2017Q4 us-gaap Interest Payable Current
InterestPayableCurrent
774000 USD
CY2018Q4 cvna Accrued Property Plantand Equipment Current
AccruedPropertyPlantandEquipmentCurrent
7414000 USD
CY2017Q4 cvna Accrued Property Plantand Equipment Current
AccruedPropertyPlantandEquipmentCurrent
8325000 USD
CY2018Q4 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
4398000 USD
CY2017Q4 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
4265000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
14953000 USD
CY2017Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
7763000 USD
CY2018Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
117524000 USD
CY2017Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
50306000 USD
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
641088000 USD
CY2017Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
302697000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
208096000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
253923000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7643000 USD
CY2017Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
305000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
425349000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
48469000 USD
CY2018Q4 us-gaap Sale Leaseback Transaction Amount Due Under Financing Arrangement
SaleLeasebackTransactionAmountDueUnderFinancingArrangement
44400000 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
CY2018 cvna Common Ownership Number Of Classes
CommonOwnershipNumberOfClasses
2 class
CY2017Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
4900000 USD
CY2016 cvna Stock Issuance Costs
StockIssuanceCosts
1300000 USD
CY2016 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
400000 USD
CY2018 cvna Common Stock Conversion Ratio
CommonStockConversionRatio
1.25
CY2018 cvna Noncontrolling Interest Increase As A Result Of Exchanges Of Llc Units
NoncontrollingInterestIncreaseAsAResultOfExchangesOfLLCUnits
15828000 USD
CY2017 cvna Noncontrolling Interest Increase As A Result Of Exchanges Of Llc Units
NoncontrollingInterestIncreaseAsAResultOfExchangesOfLLCUnits
3631000 USD
CY2018 cvna Noncontrolling Interest Increase In Additional Paid In Capital As A Result Of Adjustments To The Noncontrolling Interests
NoncontrollingInterestIncreaseInAdditionalPaidInCapitalAsAResultOfAdjustmentsToTheNoncontrollingInterests
0 USD
CY2017 cvna Noncontrolling Interest Increase In Additional Paid In Capital As A Result Of Adjustments To The Noncontrolling Interests
NoncontrollingInterestIncreaseInAdditionalPaidInCapitalAsAResultOfAdjustmentsToTheNoncontrollingInterests
340000 USD
CY2018 cvna Noncontrolling Interest Increase Decreasein Additional Paid In Capital Asa Resultof Adjustmentstothe Noncontrolling Interests And Organizational Transactions
NoncontrollingInterestIncreaseDecreaseinAdditionalPaidInCapitalAsaResultofAdjustmentstotheNoncontrollingInterestsAndOrganizationalTransactions
-183222000 USD
CY2017 cvna Noncontrolling Interest Increase Decreasein Additional Paid In Capital Asa Resultof Adjustmentstothe Noncontrolling Interests And Organizational Transactions
NoncontrollingInterestIncreaseDecreaseinAdditionalPaidInCapitalAsaResultofAdjustmentstotheNoncontrollingInterestsAndOrganizationalTransactions
-170173000 USD
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
25745000 USD
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
5611000 USD
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
555000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
20319000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5611000 USD
CY2016 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
555000 USD
CY2018Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
43781000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
-254745000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
-164316000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
-93112000 USD
CY2018 cvna Net Income Loss Attributableto Noncontrolling Interest Priortothe Completionof Organizational Transactionsand Ipo
NetIncomeLossAttributabletoNoncontrollingInterestPriortotheCompletionofOrganizationalTransactionsandIPO
192991000 USD
CY2017 cvna Net Income Loss Attributableto Noncontrolling Interest Priortothe Completionof Organizational Transactionsand Ipo
NetIncomeLossAttributabletoNoncontrollingInterestPriortotheCompletionofOrganizationalTransactionsandIPO
146003000 USD
CY2016 cvna Net Income Loss Attributableto Noncontrolling Interest Priortothe Completionof Organizational Transactionsand Ipo
NetIncomeLossAttributabletoNoncontrollingInterestPriortotheCompletionofOrganizationalTransactionsandIPO
82963000 USD
CY2018 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
4206000 USD
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1650000 USD
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EquityBasedCompensationCapitalizedToPropertyAndEquipment
0 USD
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536000 USD
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