2018 Q2 Form 10-Q Financial Statement
#000090616318000106 Filed on July 30, 2018
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 |
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Finished Lots Committed To Purchase
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|
10 | lot |
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Joint Venture Lots Controlled By Company
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|
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Joint Venture Lots Either Under Contract With Unrelated Parties Or Not Under Contract
JointVentureLotsEitherUnderContractWithUnrelatedPartiesOrNotUnderContract
|
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Letters Of Credit Related To Lots
LettersOfCreditRelatedToLots
|
1996000 | USD |
CY2018Q2 | nvr |
Letters Of Credit Related To Lots
LettersOfCreditRelatedToLots
|
2798000 | USD |
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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 |
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Number Of Raw Parcels Of Land Owned
NumberOfRawParcelsOfLandOwned
|
4 | parcel |
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Specific Performance Obligations
SpecificPerformanceObligations
|
1505000 | USD |
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Specific Performance Obligations
SpecificPerformanceObligations
|
1505000 | USD |
nvr |
Stock Issued During Period Shares Treasury Stock Reissued Upon Exercise Of Stock Option And Other
StockIssuedDuringPeriodSharesTreasuryStockReissuedUponExerciseOfStockOptionAndOther
|
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Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
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Additional Paid In Capital Common Stock
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|
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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 | |
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Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
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us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
21467000 | USD | |
CY2018Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
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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
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|
349000 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
349000 | shares | |
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Assets
Assets
|
2989279000 | USD |
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Assets
Assets
|
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us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
132139000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
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|
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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 |
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
689557000 | USD |
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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|
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Commitments And Contingencies
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|
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Commitments And Contingencies
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|
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
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Common Stock Shares Authorized
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|
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Common Stock Shares Authorized
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|
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Common Stock Shares Held In Employee Trust
CommonStockSharesHeldInEmployeeTrust
|
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Common Stock Shares Held In Employee Trust
CommonStockSharesHeldInEmployeeTrust
|
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CY2017Q4 | us-gaap |
Common Stock Shares Held In Employee Trust Shares
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|
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CY2018Q2 | us-gaap |
Common Stock Shares Held In Employee Trust Shares
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|
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CY2017Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
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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 |
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Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
|
2196000 | USD |
CY2017Q4 | us-gaap |
Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
|
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CY2018Q2 | us-gaap |
Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
|
17148000 | USD |
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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
|
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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 |