2018 Q2 Form 10-Q Financial Statement

#000090616318000106 Filed on July 30, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $1.787B $1.544B
YoY Change 15.72% 11.26%
Cost Of Revenue $1.417B $1.218B
YoY Change 16.31% 8.14%
Gross Profit $376.2M $329.9M
YoY Change 14.03% 24.77%
Gross Profit Margin 21.05% 21.36%
Selling, General & Admin $128.3M $115.0M
YoY Change 11.57% 0.09%
% of Gross Profit 34.1% 34.86%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.000M $5.800M
YoY Change -13.79% 5.45%
% of Gross Profit 1.33% 1.76%
Operating Expenses $128.3M $115.0M
YoY Change 11.57% 0.17%
Operating Profit $247.9M $214.9M
YoY Change 15.36% 43.65%
Interest Expense $6.329M $5.914M
YoY Change 7.02% -223.21%
% of Operating Profit 2.55% 2.75%
Other Income/Expense, Net
YoY Change
Pretax Income $241.6M $209.0M
YoY Change 15.61% 44.39%
Income Tax $38.41M $61.09M
% Of Pretax Income 15.9% 29.23%
Net Earnings $203.2M $147.9M
YoY Change 37.39% 61.3%
Net Earnings / Revenue 11.37% 9.57%
Basic Earnings Per Share $55.90 $39.46
Diluted Earnings Per Share $49.05 $35.19
COMMON SHARES
Basic Shares Outstanding 3.635M shares 3.748M shares
Diluted Shares Outstanding 4.142M shares 4.202M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $431.6M $528.1M
YoY Change -18.27% 45.4%
Cash & Equivalents $458.5M $529.3M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $1.434B $1.366B
Prepaid Expenses
Receivables $30.20M $22.10M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.895B $1.916B
YoY Change -1.1% 17.6%
LONG-TERM ASSETS
Property, Plant & Equipment $48.60M $49.50M
YoY Change -1.82% -3.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $39.70M $43.60M
YoY Change -8.94% -17.42%
Other Assets $25.80M $18.90M
YoY Change 36.51%
Total Long-Term Assets $1.114B $1.002B
YoY Change 11.21% -6.28%
TOTAL ASSETS
Total Short-Term Assets $1.895B $1.916B
Total Long-Term Assets $1.114B $1.002B
Total Assets $3.009B $2.918B
YoY Change 3.13% 8.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $326.0M $301.8M
YoY Change 8.02% -1.82%
Accrued Expenses $306.5M $317.2M
YoY Change -3.37% 7.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $804.5M $784.7M
YoY Change 2.52% 5.51%
LONG-TERM LIABILITIES
Long-Term Debt $597.4M $596.8M
YoY Change 0.1% 0.1%
Other Long-Term Liabilities $900.0K
YoY Change -10.0%
Total Long-Term Liabilities $597.4M $597.7M
YoY Change -0.05% 0.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $804.5M $784.7M
Total Long-Term Liabilities $597.4M $597.7M
Total Liabilities $1.402B $1.382B
YoY Change 1.41% 3.1%
SHAREHOLDERS EQUITY
Retained Earnings $6.603B $5.945B
YoY Change 11.07%
Common Stock $1.722B $1.608B
YoY Change 7.07%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.718B $6.018B
YoY Change 11.63%
Treasury Stock Shares 16.93M shares $16.81M
Shareholders Equity $1.608B $1.536B
YoY Change
Total Liabilities & Shareholders Equity $3.009B $2.918B
YoY Change 3.13% 8.14%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $203.2M $147.9M
YoY Change 37.39% 61.3%
Depreciation, Depletion And Amortization $5.000M $5.800M
YoY Change -13.79% 5.45%
Cash From Operating Activities $91.50M $69.90M
YoY Change 30.9% 32.89%
INVESTING ACTIVITIES
Capital Expenditures -$6.200M -$4.600M
YoY Change 34.78% -28.12%
Acquisitions
YoY Change
Other Investing Activities $3.500M $3.400M
YoY Change 2.94% 13.33%
Cash From Investing Activities -$2.700M -$1.200M
YoY Change 125.0% -62.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -81.00M -31.20M
YoY Change 159.62% 743.24%
NET CHANGE
Cash From Operating Activities 91.50M 69.90M
Cash From Investing Activities -2.700M -1.200M
Cash From Financing Activities -81.00M -31.20M
Net Change In Cash 7.800M 37.50M
YoY Change -79.2% -17.94%
FREE CASH FLOW
Cash From Operating Activities $91.50M $69.90M
Capital Expenditures -$6.200M -$4.600M
Free Cash Flow $97.70M $74.50M
YoY Change 31.14% 26.27%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Period End Date
DocumentPeriodEndDate
2018-06-30
dei Entity Central Index Key
EntityCentralIndexKey
0000906163
CY2018Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
3627049 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
NVR INC
dei Trading Symbol
TradingSymbol
NVR
CY2017Q2 nvr Adjustment To Income Tax Expense Income Tax Effect From Share Based Compensation Net
AdjustmentToIncomeTaxExpenseIncomeTaxEffectFromShareBasedCompensationNet
16464000 USD
nvr Adjustment To Income Tax Expense Income Tax Effect From Share Based Compensation Net
AdjustmentToIncomeTaxExpenseIncomeTaxEffectFromShareBasedCompensationNet
36364000 USD
CY2018Q2 nvr Adjustment To Income Tax Expense Income Tax Effect From Share Based Compensation Net
AdjustmentToIncomeTaxExpenseIncomeTaxEffectFromShareBasedCompensationNet
26456000 USD
nvr Adjustment To Income Tax Expense Income Tax Effect From Share Based Compensation Net
AdjustmentToIncomeTaxExpenseIncomeTaxEffectFromShareBasedCompensationNet
46022000 USD
CY2018Q2 nvr Aggregate Additional Funding Commitments
AggregateAdditionalFundingCommitments
5000000 USD
CY2018Q2 nvr Aggregate Additional Funding Commitments Related To Raw Land Property Development
AggregateAdditionalFundingCommitmentsRelatedToRawLandPropertyDevelopment
8300000 USD
nvr Contract Land Deposit Impairment Recoveries
ContractLandDepositImpairmentRecoveries
3567000 USD
nvr Contract Land Deposit Impairment Recoveries
ContractLandDepositImpairmentRecoveries
44000 USD
CY2017Q4 nvr Contract Land Deposits
ContractLandDeposits
400428000 USD
CY2018Q2 nvr Contract Land Deposits
ContractLandDeposits
388331000 USD
CY2017Q2 nvr Costs Accrued For New Warranty Contracts And Changes In Estimates For Pre Existing Warranties
CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties
13206000 USD
nvr Costs Accrued For New Warranty Contracts And Changes In Estimates For Pre Existing Warranties
CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties
22167000 USD
CY2018Q2 nvr Costs Accrued For New Warranty Contracts And Changes In Estimates For Pre Existing Warranties
CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties
16217000 USD
nvr Costs Accrued For New Warranty Contracts And Changes In Estimates For Pre Existing Warranties
CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties
27744000 USD
CY2018Q2 nvr Expected Development Credit
ExpectedDevelopmentCredit
4800000 USD
CY2018Q2 nvr Expected Production Of Finished Lots From Joint Ventures
ExpectedProductionOfFinishedLotsFromJointVentures
7000 lot
nvr Fair Value Measurement Assumed Gain Loss From Loan Sale
FairValueMeasurementAssumedGainLossFromLoanSale
2283000 USD
nvr Fair Value Measurements Changes In Servicing Rights Value
FairValueMeasurementsChangesInServicingRightsValue
14980000 USD
nvr Fair Value Measurements Interest Rate Movement Effect
FairValueMeasurementsInterestRateMovementEffect
2059000 USD
nvr Fair Value Measurements Security Price Change Gain Loss Included In Earnings
FairValueMeasurementsSecurityPriceChangeGainLossIncludedInEarnings
-3899000 USD
CY2017Q4 nvr Finished Lots Committed To Purchase
FinishedLotsCommittedToPurchase
10 lot
CY2018Q2 nvr Finished Lots Committed To Purchase
FinishedLotsCommittedToPurchase
10 lot
CY2018Q2 nvr Joint Venture Lots Controlled By Company
JointVentureLotsControlledByCompany
3650 lot
CY2018Q2 nvr Joint Venture Lots Either Under Contract With Unrelated Parties Or Not Under Contract
JointVentureLotsEitherUnderContractWithUnrelatedPartiesOrNotUnderContract
3350 lot
CY2017Q4 nvr Letters Of Credit Related To Lots
LettersOfCreditRelatedToLots
1996000 USD
CY2018Q2 nvr Letters Of Credit Related To Lots
LettersOfCreditRelatedToLots
2798000 USD
CY2017Q4 nvr Loss Reserve On Contract Land Deposits
LossReserveOnContractLandDeposits
29999000 USD
CY2018Q2 nvr Loss Reserve On Contract Land Deposits
LossReserveOnContractLandDeposits
27279000 USD
CY2018Q2 nvr Number Joint Ventures With Additional Funding Commitment
NumberJointVenturesWithAdditionalFundingCommitment
3 joint_venture
CY2018Q2 nvr Number Of Finished Lots Expected To Be Developed From Raw Parcels Of Land
NumberOfFinishedLotsExpectedToBeDevelopedFromRawParcelsOfLand
450 lot
CY2018Q2 nvr Number Of Joint Ventures
NumberOfJointVentures
6 joint_venture
CY2018Q2 nvr Number Of Joint Ventures Company Is Not Primary Beneficiary
NumberOfJointVenturesCompanyIsNotPrimaryBeneficiary
5 joint_venture
CY2018Q2 nvr Number Of Raw Parcels Of Land Owned
NumberOfRawParcelsOfLandOwned
4 parcel
CY2017Q4 nvr Specific Performance Obligations
SpecificPerformanceObligations
1505000 USD
CY2018Q2 nvr Specific Performance Obligations
SpecificPerformanceObligations
1505000 USD
nvr Stock Issued During Period Shares Treasury Stock Reissued Upon Exercise Of Stock Option And Other
StockIssuedDuringPeriodSharesTreasuryStockReissuedUponExerciseOfStockOptionAndOther
96000 shares
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1644197000 USD
CY2018Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1721696000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
86094000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
28104000 USD
CY2017Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10878000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21467000 USD
CY2018Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18595000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
28104000 USD
CY2017Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
15000 shares
CY2018Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
349000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
349000 shares
CY2017Q4 us-gaap Assets
Assets
2989279000 USD
CY2018Q2 us-gaap Assets
Assets
3009395000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
132139000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-231077000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
416037000 USD
CY2017Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
548176000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
689557000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
458480000 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
60000000 shares
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
60000000 shares
CY2017Q4 us-gaap Common Stock Shares Held In Employee Trust
CommonStockSharesHeldInEmployeeTrust
17383000 USD
CY2018Q2 us-gaap Common Stock Shares Held In Employee Trust
CommonStockSharesHeldInEmployeeTrust
17148000 USD
CY2017Q4 us-gaap Common Stock Shares Held In Employee Trust Shares
CommonStockSharesHeldInEmployeeTrustShares
108640 shares
CY2018Q2 us-gaap Common Stock Shares Held In Employee Trust Shares
CommonStockSharesHeldInEmployeeTrustShares
107904 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
20555330 shares
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
20555330 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
206000 USD
CY2018Q2 us-gaap Common Stock Value
CommonStockValue
206000 USD
CY2018Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
90000000 USD
CY2017Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
2196000 USD
CY2017Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
17383000 USD
CY2018Q2 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
17148000 USD
CY2017Q4 us-gaap Deposits Assets
DepositsAssets
370429000 USD
CY2018Q2 us-gaap Deposits Assets
DepositsAssets
361052000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11494000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10024000 USD
CY2017 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
5824000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
15423000 USD
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
39.46
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
67.30
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
55.90
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
101.03
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
35.19
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
60.36
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
49.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
88.31
CY2017Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.292
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.265
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.159
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.146
CY2018Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
347900000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y9M18D
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2643000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2849000 USD
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
47474000 USD
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
58891000 USD
CY2017Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
373930000 USD
CY2018Q2 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
365355000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
208968000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
341129000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
241586000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
432584000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
61091000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
90329000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38412000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
63361000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
99370000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
86269000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-3013000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-11332000 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
43448000 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
22000000 USD
us-gaap Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
-17872000 USD
us-gaap Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
-9333000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
272851000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
187416000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
1674000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
10417000 USD
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
454000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
429000 shares
CY2018Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
507000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
526000 shares
CY2017Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
6580000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
13139000 USD
CY2018Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
6624000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
13220000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
5914000 USD
us-gaap Interest Expense
InterestExpense
11750000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
6329000 USD
us-gaap Interest Expense
InterestExpense
12611000 USD
us-gaap Interest Paid Net
InterestPaidNet
11293000 USD
us-gaap Interest Paid Net
InterestPaidNet
12151000 USD
CY2018Q2 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
35292000 USD
CY2018Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
40000000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
1383787000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
1401824000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2989279000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3009395000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-41540000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-397444000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-4529000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-3083000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
178208000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
169450000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
147877000 USD
us-gaap Net Income Loss
NetIncomeLoss
250800000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
203174000 USD
us-gaap Net Income Loss
NetIncomeLoss
369223000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-11757000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-10663000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
1772432000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
2223302000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
159506000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
483538000 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
455000 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
284000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9784000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9251000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
5238000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
6027000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
1936118000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
2229894000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
472000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
425000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
117966000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
86094000 USD
CY2016Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
93895000 USD
CY2017Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
93503000 USD
CY2017Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
95394000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
22555000 USD
CY2016Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
5106000 USD
CY2017Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
5564000 USD
CY2017Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
5952000 USD
CY2017Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
5583000 USD
CY2018Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
5545000 USD
CY2018Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
5388000 USD
CY2017Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
278000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
543000 USD
CY2018Q2 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
452000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
804000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6231940000 USD
CY2017Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
94513000 USD
CY2018Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
95606000 USD
CY2018Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
99702000 USD
CY2017Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
11315000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
20668000 USD
CY2018Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
12121000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6603359000 USD
CY2017Q2 us-gaap Revenues
Revenues
1544492000 USD
us-gaap Revenues
Revenues
2821584000 USD
CY2018Q2 us-gaap Revenues
Revenues
1787305000 USD
us-gaap Revenues
Revenues
3316719000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
21467000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
28104000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.1883
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.1657
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0299
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0219
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
689.47
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y0M22D
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1605492000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
1607571000 USD
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
16864324 shares
CY2018Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
16926815 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
158000 shares
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
6270851000 USD
CY2018Q2 us-gaap Treasury Stock Value
TreasuryStockValue
6717690000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
483538000 USD
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4202000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4155000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4142000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4181000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3748000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3726000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3635000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3655000 shares

Files In Submission

Name View Source Status
0000906163-18-000106-index-headers.html Edgar Link pending
0000906163-18-000106-index.html Edgar Link pending
0000906163-18-000106.txt Edgar Link pending
0000906163-18-000106-xbrl.zip Edgar Link pending
exhibit10_1mra.htm Edgar Link pending
exhibit31_1.htm Edgar Link pending
exhibit31_2.htm Edgar Link pending
exhibit32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
nvr-20180630.xml Edgar Link completed
nvr-20180630.xsd Edgar Link pending
nvr-20180630_cal.xml Edgar Link unprocessable
nvr-20180630_def.xml Edgar Link unprocessable
nvr-20180630_lab.xml Edgar Link unprocessable
nvr-20180630_pre.xml Edgar Link unprocessable
q2201810-q.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending