2018 Q4 Form 10-Q Financial Statement

#000090616318000123 Filed on October 31, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $2.003B $1.852B $1.668B
YoY Change 9.96% 11.06% 8.48%
Cost Of Revenue $1.591B $1.473B $1.308B
YoY Change 10.6% 12.58% 5.29%
Gross Profit $412.6M $386.6M $364.2M
YoY Change 7.56% 6.15% 22.01%
Gross Profit Margin 20.59% 20.87% 21.84%
Selling, General & Admin $128.9M $130.7M $113.6M
YoY Change 11.12% 15.05% 5.38%
% of Gross Profit 31.24% 33.81% 31.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.100M $5.100M $5.600M
YoY Change -8.93% -8.93% -1.75%
% of Gross Profit 1.24% 1.32% 1.54%
Operating Expenses $128.9M $130.8M $113.6M
YoY Change 11.12% 15.14% 5.38%
Operating Profit $283.7M $255.8M $250.6M
YoY Change 6.02% 2.08% 31.41%
Interest Expense -$6.300M $6.197M $6.120M
YoY Change 0.0% 1.26% 8.82%
% of Operating Profit -2.22% 2.42% 2.44%
Other Income/Expense, Net
YoY Change
Pretax Income $277.4M $249.7M $244.5M
YoY Change 6.16% 2.15% 32.14%
Income Tax $45.80M $53.89M $82.36M
% Of Pretax Income 16.51% 21.58% 33.69%
Net Earnings $232.2M $195.8M $162.1M
YoY Change 86.29% 20.8% 38.09%
Net Earnings / Revenue 11.59% 10.57% 9.72%
Basic Earnings Per Share $54.21 $43.26
Diluted Earnings Per Share $58.57 $48.28 $38.02
COMMON SHARES
Basic Shares Outstanding 3.615M shares 3.612M shares 3.747M shares
Diluted Shares Outstanding 4.056M shares 4.263M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $711.9M $609.9M $626.9M
YoY Change 6.76% -2.71% 140.01%
Cash & Equivalents $732.2M $632.6M $628.1M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $1.253B $1.421B $1.378B
Prepaid Expenses
Receivables $18.60M $26.40M $20.40M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.984B $2.057B $2.025B
YoY Change 2.62% 1.59% 27.12%
LONG-TERM ASSETS
Property, Plant & Equipment $48.70M $49.20M $50.10M
YoY Change -1.62% -1.8% -0.6%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $29.40M $31.80M $41.90M
YoY Change -34.96% -24.11% -18.0%
Other Assets $132.4M $22.30M $15.90M
YoY Change -0.9% 40.25%
Total Long-Term Assets $1.182B $1.032B $1.024B
YoY Change 11.93% 0.78% -4.27%
TOTAL ASSETS
Total Short-Term Assets $1.984B $2.057B $2.025B
Total Long-Term Assets $1.182B $1.032B $1.024B
Total Assets $3.166B $3.090B $3.050B
YoY Change 5.91% 1.32% 14.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $288.6M $319.7M $300.9M
YoY Change -2.1% 6.25% -3.65%
Accrued Expenses $332.9M $322.6M $337.9M
YoY Change -2.63% -4.53% 9.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $759.7M $810.0M $801.1M
YoY Change -3.43% 1.11% 4.46%
LONG-TERM LIABILITIES
Long-Term Debt $597.7M $597.5M $596.9M
YoY Change 0.1% 0.1% 0.1%
Other Long-Term Liabilities $900.0K
YoY Change 0.0%
Total Long-Term Liabilities $597.7M $597.5M $597.8M
YoY Change 0.1% -0.05% 0.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $759.7M $810.0M $801.1M
Total Long-Term Liabilities $597.7M $597.5M $597.8M
Total Liabilities $1.357B $1.408B $1.399B
YoY Change -1.91% 0.62% 2.55%
SHAREHOLDERS EQUITY
Retained Earnings $7.031B $6.799B $6.107B
YoY Change 12.83% 11.33%
Common Stock $1.820B $1.763B $1.626B
YoY Change 10.7% 8.38%
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.043B $6.879B $6.083B
YoY Change 12.32% 13.09%
Treasury Stock Shares 16.98M shares 16.93M shares 16.82M shares
Shareholders Equity $1.809B $1.682B $1.651B
YoY Change
Total Liabilities & Shareholders Equity $3.166B $3.090B $3.050B
YoY Change 5.91% 1.32% 14.51%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $232.2M $195.8M $162.1M
YoY Change 86.29% 20.8% 38.09%
Depreciation, Depletion And Amortization $5.100M $5.100M $5.600M
YoY Change -8.93% -8.93% -1.75%
Cash From Operating Activities $231.3M $322.3M $157.4M
YoY Change -1.49% 104.76% 75.28%
INVESTING ACTIVITIES
Capital Expenditures -$4.900M -$5.500M -$5.900M
YoY Change 6.52% -6.78% 25.53%
Acquisitions
YoY Change
Other Investing Activities $3.200M $2.100M $2.600M
YoY Change -214.29% -19.23% 23.81%
Cash From Investing Activities -$1.700M -$3.400M -$3.300M
YoY Change -77.03% 3.03% 22.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -130.0M -144.9M -58.50M
YoY Change -28.41% 147.69% -69.1%
NET CHANGE
Cash From Operating Activities 231.3M 322.3M 157.4M
Cash From Investing Activities -1.700M -3.400M -3.300M
Cash From Financing Activities -130.0M -144.9M -58.50M
Net Change In Cash 99.60M 174.0M 95.60M
YoY Change 117.47% 82.01% -193.54%
FREE CASH FLOW
Cash From Operating Activities $231.3M $322.3M $157.4M
Capital Expenditures -$4.900M -$5.500M -$5.900M
Free Cash Flow $236.2M $327.8M $163.3M
YoY Change -1.34% 100.73% 72.8%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2018-09-30
CY2018Q3 nvr Contract Land Deposits
ContractLandDeposits
402318000 USD
dei Entity Central Index Key
EntityCentralIndexKey
0000906163
CY2018Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
3614947 shares
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
NVR INC
dei Entity Small Business
EntitySmallBusiness
false
dei Trading Symbol
TradingSymbol
NVR
CY2017Q3 nvr Adjustment To Income Tax Expense Income Tax Effect From Share Based Compensation Net
AdjustmentToIncomeTaxExpenseIncomeTaxEffectFromShareBasedCompensationNet
8357000 USD
nvr Adjustment To Income Tax Expense Income Tax Effect From Share Based Compensation Net
AdjustmentToIncomeTaxExpenseIncomeTaxEffectFromShareBasedCompensationNet
44720000 USD
CY2018Q3 nvr Adjustment To Income Tax Expense Income Tax Effect From Share Based Compensation Net
AdjustmentToIncomeTaxExpenseIncomeTaxEffectFromShareBasedCompensationNet
12585000 USD
nvr Adjustment To Income Tax Expense Income Tax Effect From Share Based Compensation Net
AdjustmentToIncomeTaxExpenseIncomeTaxEffectFromShareBasedCompensationNet
58607000 USD
CY2018Q3 nvr Aggregate Additional Funding Commitments
AggregateAdditionalFundingCommitments
5000000 USD
CY2018Q3 nvr Aggregate Additional Funding Commitments Related To Raw Land Property Development
AggregateAdditionalFundingCommitmentsRelatedToRawLandPropertyDevelopment
7900000 USD
nvr Contract Land Deposit Impairment Recoveries
ContractLandDepositImpairmentRecoveries
3396000 USD
nvr Contract Land Deposit Impairment Recoveries
ContractLandDepositImpairmentRecoveries
9311000 USD
CY2017Q4 nvr Contract Land Deposits
ContractLandDeposits
400428000 USD
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
466000 shares
nvr Costs Accrued For New Warranty Contracts And Changes In Estimates For Pre Existing Warranties
CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties
43644000 USD
CY2017Q3 nvr Costs Accrued For New Warranty Contracts And Changes In Estimates For Pre Existing Warranties
CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties
12940000 USD
nvr Costs Accrued For New Warranty Contracts And Changes In Estimates For Pre Existing Warranties
CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties
35107000 USD
CY2018Q3 nvr Costs Accrued For New Warranty Contracts And Changes In Estimates For Pre Existing Warranties
CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties
15900000 USD
CY2018Q3 nvr Expected Development Credit
ExpectedDevelopmentCredit
4700000 USD
CY2018Q3 nvr Expected Production Of Finished Lots From Joint Ventures
ExpectedProductionOfFinishedLotsFromJointVentures
6900 lot
nvr Fair Value Measurement Assumed Gain Loss From Loan Sale
FairValueMeasurementAssumedGainLossFromLoanSale
2153000 USD
nvr Fair Value Measurements Changes In Servicing Rights Value
FairValueMeasurementsChangesInServicingRightsValue
14314000 USD
nvr Fair Value Measurements Interest Rate Movement Effect
FairValueMeasurementsInterestRateMovementEffect
-4310000 USD
nvr Fair Value Measurements Security Price Change Gain Loss Included In Earnings
FairValueMeasurementsSecurityPriceChangeGainLossIncludedInEarnings
1280000 USD
CY2017Q4 nvr Finished Lots Committed To Purchase
FinishedLotsCommittedToPurchase
10 lot
CY2018Q3 nvr Finished Lots Committed To Purchase
FinishedLotsCommittedToPurchase
10 lot
CY2018Q3 nvr Joint Venture Lots Controlled By Company
JointVentureLotsControlledByCompany
3550 lot
CY2018Q3 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
CY2018Q3 nvr Letters Of Credit Related To Lots
LettersOfCreditRelatedToLots
3870000 USD
CY2017Q4 nvr Loss Reserve On Contract Land Deposits
LossReserveOnContractLandDeposits
29999000 USD
CY2018Q3 nvr Loss Reserve On Contract Land Deposits
LossReserveOnContractLandDeposits
27968000 USD
CY2018Q3 nvr Number Joint Ventures With Additional Funding Commitment
NumberJointVenturesWithAdditionalFundingCommitment
3 joint_venture
CY2018Q3 nvr Number Of Finished Lots Expected To Be Developed From Raw Parcels Of Land
NumberOfFinishedLotsExpectedToBeDevelopedFromRawParcelsOfLand
500 lot
CY2018Q3 nvr Number Of Joint Ventures
NumberOfJointVentures
6 joint_venture
CY2018Q3 nvr Number Of Joint Ventures Company Is Not Primary Beneficiary
NumberOfJointVenturesCompanyIsNotPrimaryBeneficiary
5 joint_venture
CY2018Q3 nvr Number Of Raw Parcels Of Land Owned
NumberOfRawParcelsOfLandOwned
3 parcel
CY2017Q4 nvr Specific Performance Obligations
SpecificPerformanceObligations
1505000 USD
CY2018Q3 nvr Specific Performance Obligations
SpecificPerformanceObligations
1505000 USD
nvr Stock Issued During Period Shares Treasury Stock Reissued Upon Exercise Of Stock Option And Other
StockIssuedDuringPeriodSharesTreasuryStockReissuedUponExerciseOfStockOptionAndOther
126000 shares
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1644197000 USD
CY2018Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1762323000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
115268000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
51690000 USD
CY2017Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11211000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
32678000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
23586000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
51690000 USD
CY2017Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17000 shares
CY2018Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
371000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
353000 shares
CY2017Q4 us-gaap Assets
Assets
2989279000 USD
CY2018Q3 us-gaap Assets
Assets
3089823000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
227896000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-57007000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
416037000 USD
CY2017Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
643933000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
689557000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
632550000 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
60000000 shares
CY2018Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
60000000 shares
CY2017Q4 us-gaap Common Stock Shares Held In Employee Trust
CommonStockSharesHeldInEmployeeTrust
17383000 USD
CY2018Q3 us-gaap Common Stock Shares Held In Employee Trust
CommonStockSharesHeldInEmployeeTrust
16928000 USD
CY2017Q4 us-gaap Common Stock Shares Held In Employee Trust Shares
CommonStockSharesHeldInEmployeeTrustShares
108640 shares
CY2018Q3 us-gaap Common Stock Shares Held In Employee Trust Shares
CommonStockSharesHeldInEmployeeTrustShares
107904 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
20555330 shares
CY2018Q3 us-gaap Common Stock Value
CommonStockValue
206000 USD
CY2018Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
20555330 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
206000 USD
CY2018Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
91000000 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
CY2018Q3 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
16928000 USD
CY2017Q4 us-gaap Deposits Assets
DepositsAssets
370429000 USD
CY2018Q3 us-gaap Deposits Assets
DepositsAssets
374350000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
17087000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15053000 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
13437000 USD
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
43.26
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
110.60
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
54.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
155.22
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
38.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
98.33
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
48.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
136.53
CY2017Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.337
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.295
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.216
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.172
CY2018Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
322900000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y8M12D
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3536000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3863000 USD
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
73372000 USD
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
92609000 USD
CY2017Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
373930000 USD
CY2018Q3 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
379725000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
244464000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
585593000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
249710000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
682294000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
82362000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
172691000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
53894000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
117255000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
169949000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
125762000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
15109000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1201000 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
40049000 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
17643000 USD
us-gaap Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
-11306000 USD
us-gaap Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
6587000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
284459000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
174871000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-36000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
7028000 USD
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
516000 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
444000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
499000 shares
CY2017Q3 us-gaap Interest Costs Incurred
InterestCostsIncurred
6615000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
19754000 USD
CY2018Q3 us-gaap Interest Costs Incurred
InterestCostsIncurred
6517000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
19737000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
6120000 USD
us-gaap Interest Expense
InterestExpense
17870000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
6197000 USD
us-gaap Interest Expense
InterestExpense
18808000 USD
us-gaap Interest Paid Net
InterestPaidNet
23112000 USD
us-gaap Interest Paid Net
InterestPaidNet
24066000 USD
CY2018Q3 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
36064000 USD
CY2018Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
31750000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
1383787000 USD
CY2018Q3 us-gaap Liabilities
Liabilities
1407507000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2989279000 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3089823000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-99954000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-542335000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-7796000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-6487000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
335646000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
491815000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
162102000 USD
us-gaap Net Income Loss
NetIncomeLoss
412902000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
195816000 USD
us-gaap Net Income Loss
NetIncomeLoss
565039000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-14958000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-6627000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
2860903000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
3472345000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
230199000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
657369000 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
15670000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
14818000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
234000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
7665000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
7873000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
3033239000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
3588082000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
664000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
742000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
130245000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
115268000 USD
CY2016Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
93895000 USD
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4056000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4139000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3747000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3733000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3612000 shares
CY2017Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
95394000 USD
CY2017Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
96657000 USD
CY2017Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
94513000 USD
CY2018Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
99702000 USD
CY2018Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
99831000 USD
CY2017Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
11677000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
32345000 USD
CY2018Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
15771000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
38326000 USD
CY2016Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
5106000 USD
CY2017Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
5952000 USD
CY2017Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
5669000 USD
CY2017Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
5583000 USD
CY2018Q2 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
5388000 USD
CY2018Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
4572000 USD
CY2017Q3 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
778000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
1321000 USD
CY2018Q3 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
1136000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
1940000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6231940000 USD
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6799175000 USD
CY2017Q3 us-gaap Revenues
Revenues
1667920000 USD
us-gaap Revenues
Revenues
4489504000 USD
CY2018Q3 us-gaap Revenues
Revenues
1852407000 USD
us-gaap Revenues
Revenues
5169126000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
32678000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
51690000 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
0.2000
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
689.09
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
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
1682316000 USD
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
16864324 shares
CY2018Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
16926815 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
222000 shares
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
6270851000 USD
CY2018Q3 us-gaap Treasury Stock Value
TreasuryStockValue
6879388000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
657369000 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4263000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4199000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3640000 shares

Files In Submission

Name View Source Status
0000906163-18-000123-index-headers.html Edgar Link pending
0000906163-18-000123-index.html Edgar Link pending
0000906163-18-000123.txt Edgar Link pending
0000906163-18-000123-xbrl.zip 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-20180930.xml Edgar Link completed
nvr-20180930.xsd Edgar Link pending
nvr-20180930_cal.xml Edgar Link unprocessable
nvr-20180930_def.xml Edgar Link unprocessable
nvr-20180930_lab.xml Edgar Link unprocessable
nvr-20180930_pre.xml Edgar Link unprocessable
q3201810-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