2024 Q2 Form 10-Q Financial Statement
#000090616324000071 Filed on May 06, 2024
Income Statement
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q4 |
|---|---|---|---|
| Revenue | $2.655B | $2.380B | $2.479B |
| YoY Change | 11.66% | 9.24% | -9.46% |
| Cost Of Revenue | $1.948B | $1.726B | $1.813B |
| YoY Change | 12.7% | 7.36% | -9.07% |
| Gross Profit | $707.0M | $653.4M | $666.5M |
| YoY Change | 8.88% | 7.58% | -10.53% |
| Gross Profit Margin | 26.63% | 27.46% | 26.88% |
| Selling, General & Admin | $166.6M | $175.9M | $175.6M |
| YoY Change | -2.82% | 5.78% | 7.55% |
| % of Gross Profit | 23.56% | 26.92% | 26.35% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $4.356M | $4.381M | $4.316M |
| YoY Change | 3.3% | 4.61% | 3.77% |
| % of Gross Profit | 0.62% | 0.67% | 0.65% |
| Operating Expenses | $166.6M | $175.9M | $175.6M |
| YoY Change | -2.82% | 5.78% | 7.55% |
| Operating Profit | $540.5M | $477.5M | $490.8M |
| YoY Change | 13.08% | 8.26% | -15.61% |
| Interest Expense | -$6.898M | -$6.826M | -$6.791M |
| YoY Change | 1.52% | -194.05% | -1.57% |
| % of Operating Profit | -1.28% | -1.43% | -1.38% |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $533.6M | $470.7M | $484.0M |
| YoY Change | 13.24% | 8.5% | -15.78% |
| Income Tax | $132.7M | $76.42M | $73.97M |
| % Of Pretax Income | 24.86% | 16.24% | 15.28% |
| Net Earnings | $400.9M | $394.3M | $410.1M |
| YoY Change | -0.77% | 14.5% | -9.83% |
| Net Earnings / Revenue | 15.1% | 16.57% | 16.54% |
| Basic Earnings Per Share | $128.20 | $123.80 | |
| Diluted Earnings Per Share | $120.70 | $116.40 | $121.60 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 3.132M shares | 3.186M shares | 3.179M shares |
| Diluted Shares Outstanding | 3.322M shares | 3.387M shares |
Balance Sheet
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $2.470B | $2.869B | $3.163B |
| YoY Change | -8.28% | 2.44% | 25.37% |
| Cash & Equivalents | $2.470B | $2.869B | $3.163B |
| Short-Term Investments | |||
| Other Short-Term Assets | |||
| YoY Change | |||
| Inventory | $2.244B | $2.117B | $1.950B |
| Prepaid Expenses | |||
| Receivables | $35.49M | $36.31M | $29.00M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $4.750B | $5.022B | $5.142B |
| YoY Change | 0.21% | 7.1% | 18.7% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $180.2M | $159.3M | $164.0M |
| YoY Change | 13.57% | 3.96% | 10.36% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $27.10M | $29.20M | $29.20M |
| YoY Change | -1.81% | 7.35% | 7.35% |
| Other Assets | $59.35M | $55.64M | $200.6M |
| YoY Change | -9.35% | -3.8% | 2.84% |
| Total Long-Term Assets | $1.658B | $1.516B | $1.460B |
| YoY Change | 8.54% | 9.33% | 9.83% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $4.750B | $5.022B | $5.142B |
| Total Long-Term Assets | $1.658B | $1.516B | $1.460B |
| Total Assets | $6.407B | $6.538B | $6.602B |
| YoY Change | 2.24% | 7.61% | 16.62% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $485.4M | $449.0M | $475.2M |
| YoY Change | 11.28% | 6.37% | 20.19% |
| Accrued Expenses | $506.6M | $476.9M | $514.3M |
| YoY Change | 28.4% | -14.66% | -2.96% |
| 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 | $1.361B | $1.281B | $1.324B |
| YoY Change | 13.48% | -2.65% | 6.84% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $912.1M | $912.6M | $913.0M |
| YoY Change | -0.21% | -0.2% | -0.2% |
| Other Long-Term Liabilities | |||
| YoY Change | |||
| Total Long-Term Liabilities | $912.1M | $912.6M | $913.0M |
| YoY Change | -0.21% | -0.2% | -0.2% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $1.361B | $1.281B | $1.324B |
| Total Long-Term Liabilities | $912.1M | $912.6M | $913.0M |
| Total Liabilities | $2.273B | $2.194B | $2.237B |
| YoY Change | 7.56% | -1.65% | 3.85% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $14.16B | $13.76B | $13.37B |
| YoY Change | 13.08% | 13.55% | 13.52% |
| Common Stock | $2.935B | $2.906B | $2.849B |
| YoY Change | 6.82% | 8.56% | 9.56% |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $12.32B | $11.85B | |
| YoY Change | 12.53% | 9.04% | |
| Treasury Stock Shares | |||
| Shareholders Equity | $4.134B | $4.344B | $4.365B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $6.407B | $6.538B | $6.602B |
| YoY Change | 2.24% | 7.61% | 16.62% |
Cashflow Statement
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $400.9M | $394.3M | $410.1M |
| YoY Change | -0.77% | 14.5% | -9.83% |
| Depreciation, Depletion And Amortization | $4.356M | $4.381M | $4.316M |
| YoY Change | 3.3% | 4.61% | 3.77% |
| Cash From Operating Activities | $232.7M | $146.5M | $495.7M |
| YoY Change | 711.28% | -53.58% | -39.34% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $6.432M | $8.979M | $6.377M |
| YoY Change | -26.36% | 230.84% | -1.22% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $2.020M | $2.246M | -$423.0K |
| YoY Change | 68.9% | -1217.41% | 26.65% |
| Cash From Investing Activities | -$4.412M | -$6.733M | -$6.700M |
| YoY Change | -41.47% | 130.98% | -1.33% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -624.1M | -$430.4M | -243.5M |
| YoY Change | 412.92% | 1408.4% | 325.33% |
| NET CHANGE | |||
| Cash From Operating Activities | 232.7M | $146.5M | 495.7M |
| Cash From Investing Activities | -4.412M | -$6.733M | -6.700M |
| Cash From Financing Activities | -624.1M | -$430.4M | -243.5M |
| Net Change In Cash | -395.8M | -$290.7M | 245.5M |
| YoY Change | 293.74% | -202.31% | -67.4% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $232.7M | $146.5M | $495.7M |
| Capital Expenditures | $6.432M | $8.979M | $6.377M |
| Free Cash Flow | $226.3M | $137.5M | $489.3M |
| YoY Change | 1034.25% | -56.05% | -39.65% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2024Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
12320826000 | usd |
| CY2023Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
11849034000 | usd |
| CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
470692000 | usd |
| CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
433810000 | usd |
| CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
76423000 | usd |
| CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
89458000 | usd |
| CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
394269000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
344352000 | usd |
| CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
123.76 | |
| CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
106.31 | |
| CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
116.41 | |
| CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
99.89 | |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3186000 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3239000 | shares |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3387000 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3447000 | shares |
| CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
394269000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
344352000 | usd |
| CY2024Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4381000 | usd |
| CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4188000 | usd |
| CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
17141000 | usd |
| CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
22277000 | usd |
| CY2024Q1 | nvr |
Contract Land Deposit Impairment Recoveries
ContractLandDepositImpairmentRecoveries
|
-7466000 | usd |
| CY2023Q1 | nvr |
Contract Land Deposit Impairment Recoveries
ContractLandDepositImpairmentRecoveries
|
-3072000 | usd |
| CY2024Q1 | us-gaap |
Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
|
37432000 | usd |
| CY2023Q1 | us-gaap |
Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
|
37268000 | usd |
| CY2024Q1 | us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
1378231000 | usd |
| CY2023Q1 | us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
1237589000 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
1313298000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
1238337000 | usd |
| CY2024Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
1500000 | usd |
| CY2023Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
1000000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
166884000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
77267000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
|
25390000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
|
2515000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-57637000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-9801000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-46915000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
50607000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
20890000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
21426000 | usd |
| CY2024Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-340000 | usd |
| CY2023Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-18755000 | usd |
| CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
146458000 | usd |
| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
315522000 | usd |
| CY2024Q1 | us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
0 | usd |
| CY2023Q1 | us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
565000 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
0 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
180000 | usd |
| CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
8979000 | usd |
| CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2714000 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
2246000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
184000 | usd |
| CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-6733000 | usd |
| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2915000 | usd |
| CY2024Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
496936000 | usd |
| CY2023Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
110048000 | usd |
| CY2024Q1 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
462000 | usd |
| CY2023Q1 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
400000 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
67022000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
81916000 | usd |
| CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-430376000 | usd |
| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-28532000 | usd |
| CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-290651000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
284075000 | usd |
| CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3215444000 | usd |
| CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2574518000 | usd |
| CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2924793000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2858593000 | usd |
| CY2024Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
421000 | usd |
| CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
859000 | usd |
| CY2024Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
6891000 | usd |
| CY2023Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
5423000 | usd |
| CY2024Q1 | nvr |
Net Contract Land Deposit Impairment Recoveries
NetContractLandDepositImpairmentRecoveries
|
7500000 | usd |
| CY2023Q1 | nvr |
Net Contract Land Deposit Impairment Recoveries
NetContractLandDepositImpairmentRecoveries
|
3100000 | usd |
| CY2024Q1 | nvr |
Loss Reserve On Contract Land Deposits
LossReserveOnContractLandDeposits
|
45932000 | usd |
| CY2023Q4 | nvr |
Loss Reserve On Contract Land Deposits
LossReserveOnContractLandDeposits
|
53397000 | usd |
| CY2024Q1 | nvr |
Contract Land Deposits
ContractLandDeposits
|
655339000 | usd |
| CY2023Q4 | nvr |
Contract Land Deposits
ContractLandDeposits
|
629948000 | usd |
| CY2024Q1 | nvr |
Loss Reserve On Contract Land Deposits
LossReserveOnContractLandDeposits
|
45932000 | usd |
| CY2023Q4 | nvr |
Loss Reserve On Contract Land Deposits
LossReserveOnContractLandDeposits
|
53397000 | usd |
| CY2024Q1 | us-gaap |
Deposits Assets
DepositsAssets
|
609407000 | usd |
| CY2023Q4 | us-gaap |
Deposits Assets
DepositsAssets
|
576551000 | usd |
| CY2024Q1 | nvr |
Letters Of Credit Related To Lots
LettersOfCreditRelatedToLots
|
9993000 | usd |
| CY2023Q4 | nvr |
Letters Of Credit Related To Lots
LettersOfCreditRelatedToLots
|
7769000 | usd |
| CY2024Q1 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
619400000 | usd |
| CY2023Q4 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
584320000 | usd |
| CY2024Q1 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
28100000 | usd |
| CY2024Q1 | nvr |
Number Of Joint Ventures
NumberOfJointVentures
|
4 | joint_venture |
| CY2024Q1 | nvr |
Expected Production Of Finished Lots From Joint Ventures
ExpectedProductionOfFinishedLotsFromJointVentures
|
5150 | lot |
| CY2024Q1 | nvr |
Joint Venture Lots Controlled By Company
JointVentureLotsControlledByCompany
|
4800 | lot |
| CY2024Q1 | nvr |
Joint Venture Lots Either Under Contract With Unrelated Parties Or Not Under Contract
JointVentureLotsEitherUnderContractWithUnrelatedPartiesOrNotUnderContract
|
350 | lot |
| CY2024Q1 | nvr |
Aggregate Additional Funding Commitments
AggregateAdditionalFundingCommitments
|
11500000 | usd |
| CY2024Q1 | nvr |
Inventory Real Estate Land Acquisition Costs
InventoryRealEstateLandAcquisitionCosts
|
20000000 | usd |
| CY2024Q1 | nvr |
Inventory Real Estate Land Acquisition Expected Lots
InventoryRealEstateLandAcquisitionExpectedLots
|
850 | numberoflots |
| CY2024Q1 | us-gaap |
Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
|
59050000 | usd |
| CY2024Q1 | nvr |
Number Of Finished Lots Expected To Be Developed From Raw Parcels Of Land
NumberOfFinishedLotsExpectedToBeDevelopedFromRawParcelsOfLand
|
2600 | lot |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3447474 | shares |
| CY2023Q4 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
151000 | usd |
| CY2022Q4 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
570000 | usd |
| CY2024Q1 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
6879000 | usd |
| CY2023Q1 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
7004000 | usd |
| CY2024Q1 | us-gaap |
Interest Expense
InterestExpense
|
6826000 | usd |
| CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
7258000 | usd |
| CY2024Q1 | us-gaap |
Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
|
22000 | usd |
| CY2023Q1 | us-gaap |
Real Estate Inventory Capitalized Interest Costs Cost Of Sales1
RealEstateInventoryCapitalizedInterestCostsCostOfSales1
|
111000 | usd |
| CY2024Q1 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
182000 | usd |
| CY2023Q1 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
205000 | usd |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3185664 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3239263 | shares |
| CY2024Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
201282 | shares |
| CY2023Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
208211 | shares |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3386946 | shares |
| CY2024Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4670 | shares |
| CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
184114 | shares |
| CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4364725000 | usd |
| CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
394269000 | usd |
| CY2024Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
498776000 | usd |
| CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
17141000 | usd |
| CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
|
67022000 | usd |
| CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4344381000 | usd |
| CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3506849000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
344352000 | usd |
| CY2023Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
110048000 | usd |
| CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
22277000 | usd |
| CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
|
81916000 | usd |
| CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3845346000 | usd |
| CY2024Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
66858 | shares |
| CY2023Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
21174 | shares |
| CY2024Q1 | nvr |
Stock Issued During Period Shares Treasury Stock Reissued Upon Exercise Of Stock Option And Other
StockIssuedDuringPeriodSharesTreasuryStockReissuedUponExerciseOfStockOptionAndOther
|
38977 | shares |
| CY2023Q1 | nvr |
Stock Issued During Period Shares Treasury Stock Reissued Upon Exercise Of Stock Option And Other
StockIssuedDuringPeriodSharesTreasuryStockReissuedUponExerciseOfStockOptionAndOther
|
43941 | shares |
| CY2023Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
146283000 | usd |
| CY2022Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
144006000 | usd |
| CY2024Q1 | nvr |
Costs Accrued For New Warranty Contracts And Changes In Estimates For Pre Existing Warranties
CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties
|
18948000 | usd |
| CY2023Q1 | nvr |
Costs Accrued For New Warranty Contracts And Changes In Estimates For Pre Existing Warranties
CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties
|
21270000 | usd |
| CY2024Q1 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
22102000 | usd |
| CY2023Q1 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
20845000 | usd |
| CY2024Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
143129000 | usd |
| CY2023Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
144431000 | usd |
| CY2024Q1 | us-gaap |
Revenues
Revenues
|
2333463000 | usd |
| CY2023Q1 | us-gaap |
Revenues
Revenues
|
2178277000 | usd |
| CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
470692000 | usd |
| CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
433810000 | usd |
| CY2024Q1 | nvr |
Adjustment To Income Tax Expense Income Tax Effect From Share Based Compensation Net
AdjustmentToIncomeTaxExpenseIncomeTaxEffectFromShareBasedCompensationNet
|
43793000 | usd |
| CY2023Q1 | nvr |
Adjustment To Income Tax Expense Income Tax Effect From Share Based Compensation Net
AdjustmentToIncomeTaxExpenseIncomeTaxEffectFromShareBasedCompensationNet
|
23245000 | usd |
| CY2024Q1 | us-gaap |
Assets
Assets
|
6538157000 | usd |
| CY2023Q4 | us-gaap |
Assets
Assets
|
6601757000 | usd |
| CY2024Q1 | nvr |
Fair Value Measurement Assumed Gain Loss From Loan Sale
FairValueMeasurementAssumedGainLossFromLoanSale
|
4902000 | usd |
| CY2024Q1 | nvr |
Fair Value Measurements Interest Rate Movement Effect
FairValueMeasurementsInterestRateMovementEffect
|
12458000 | usd |
| CY2024Q1 | nvr |
Fair Value Measurements Changes In Servicing Rights Value
FairValueMeasurementsChangesInServicingRightsValue
|
30591000 | usd |
| CY2024Q1 | nvr |
Fair Value Measurements Security Price Change Gain Loss Included In Earnings
FairValueMeasurementsSecurityPriceChangeGainLossIncludedInEarnings
|
-3088000 | usd |
| CY2024Q1 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
44863000 | usd |
| CY2023 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
49034000 | usd |
| CY2024Q1 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
14594000 | usd |
| CY2024Q1 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
16349000 | usd |
| CY2023Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
13310000 | usd |
| CY2023Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
14965000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P16Y4M24D | |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
|
20 | |
| CY2024Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
9347000 | usd |
| CY2023Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
9140000 | usd |
| CY2024Q1 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
562000 | usd |
| CY2023Q1 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
502000 | usd |
| CY2024Q1 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
113000 | usd |
| CY2023Q1 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
105000 | usd |
| CY2024Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
7900000 | usd |
| CY2023Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
7492000 | usd |
| CY2024Q1 | us-gaap |
Lease Cost
LeaseCost
|
17922000 | usd |
| CY2023Q1 | us-gaap |
Lease Cost
LeaseCost
|
17239000 | usd |
| CY2024Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
7511000 | usd |
| CY2023Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
7316000 | usd |
| CY2024Q1 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
113000 | usd |
| CY2023Q1 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
105000 | usd |
| CY2024Q1 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
462000 | usd |
| CY2023Q1 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
400000 | usd |
| CY2024Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1390000 | usd |
| CY2023Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
13247000 | usd |
| CY2024Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
1846000 | usd |
| CY2023Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
249000 | usd |
| CY2024Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P5Y9M18D | |
| CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P5Y9M18D | |
| CY2024Q1 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P9Y6M | |
| CY2023Q4 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P9Y10M24D | |
| CY2024Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.042 | |
| CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.042 | |
| CY2024Q1 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.034 | |
| CY2023Q4 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.031 | |
| CY2024Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.162 | |
| CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.206 |
