$NVR
NVR INC Stock $nvr

$nvr Overview Financials Valuation SEC Filings Company Website

2014 Q2 Form 10-Q Financial Statement

#000119312514291128 Filed on August 01, 2014

Income Statement

Concept	2014 Q2	2013 Q2
Revenue	$1.102B	$1.010B
YoY Change	9.13%	31.19%
Cost Of Revenue	$882.8M	$834.3M
YoY Change	5.81%	33.49%
Gross Profit	$220.7M	$177.9M
YoY Change	24.06%	21.6%
Gross Profit Margin	20.03%	17.62%
Selling, General & Admin	$106.2M	$92.40M
YoY Change	14.94%	12.55%
% of Gross Profit	48.12%	51.94%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$4.200M	$3.000M
YoY Change	40.0%	57.89%
% of Gross Profit	1.9%	1.69%
Operating Expenses	$106.2M	$92.40M
YoY Change	14.94%	12.55%
Operating Profit	$114.5M	$85.50M
YoY Change	33.92%	33.18%
Interest Expense	$5.723M	$5.374M
YoY Change	6.49%	-1891.33%
% of Operating Profit	5.0%	6.29%
Other Income/Expense, Net
YoY Change
Pretax Income	$108.8M	$80.18M
YoY Change	35.72%	25.28%
Income Tax	$40.65M	$29.49M
% Of Pretax Income	37.35%	36.78%
Net Earnings	$68.18M	$50.69M
YoY Change	34.5%	8.22%
Net Earnings / Revenue	6.19%	5.02%
Basic Earnings Per Share	$15.68	$10.37
Diluted Earnings Per Share	$15.17	$10.11
COMMON SHARES
Basic Shares Outstanding	4.349M shares	4.889M shares
Diluted Shares Outstanding	4.495M shares	5.013M shares

Balance Sheet

Concept	2014 Q2	2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$551.9M	$777.3M
YoY Change	-29.0%	31.15%
Cash & Equivalents	$553.7M	$778.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$959.3M	$950.5M
Prepaid Expenses
Receivables	$15.20M	$14.80M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.526B	$1.743B
YoY Change	-12.41%	32.01%
LONG-TERM ASSETS
Property, Plant & Equipment	$50.70M	$32.70M
YoY Change	55.05%	20.66%
Goodwill	$441.0K
YoY Change
Intangibles
YoY Change
Long-Term Investments	$82.20M
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$855.7M	$788.6M
YoY Change	8.51%	17.54%
TOTAL ASSETS
Total Short-Term Assets	$1.526B	$1.743B
Total Long-Term Assets	$855.7M	$788.6M
Total Assets	$2.382B	$2.531B
YoY Change	-5.89%	27.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$255.8M	$222.2M
YoY Change	15.12%	19.66%
Accrued Expenses	$296.0M	$248.0M
YoY Change	19.35%	30.25%
Deferred Revenue
YoY Change
Short-Term Debt	$1.300M	$1.600M
YoY Change	-18.75%	45.45%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$681.4M	$609.6M
YoY Change	11.78%	30.4%
LONG-TERM LIABILITIES
Long-Term Debt	$599.1M	$599.0M
YoY Change	0.02%
Other Long-Term Liabilities	$2.300M	$2.300M
YoY Change	0.0%	35.29%
Total Long-Term Liabilities	$601.4M	$601.3M
YoY Change	0.02%	35270.59%
TOTAL LIABILITIES
Total Short-Term Liabilities	$681.4M	$609.6M
Total Long-Term Liabilities	$601.4M	$601.3M
Total Liabilities	$1.283B	$1.211B
YoY Change	5.94%	158.13%
SHAREHOLDERS EQUITY
Retained Earnings	$4.698B	$4.425B
YoY Change	6.16%
Common Stock	$1.278B	$1.197B
YoY Change	6.8%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$4.876B	$4.301B
YoY Change	13.37%
Treasury Stock Shares	16.34M shares	15.86M shares
Shareholders Equity	$1.099B	$1.320B
YoY Change
Total Liabilities & Shareholders Equity	$2.382B	$2.531B
YoY Change	-5.89%	27.13%

Cashflow Statement

Concept	2014 Q2	2013 Q2
OPERATING ACTIVITIES
Net Income	$68.18M	$50.69M
YoY Change	34.5%	8.22%
Depreciation, Depletion And Amortization	$4.200M	$3.000M
YoY Change	40.0%	57.89%
Cash From Operating Activities	-$1.300M	-$12.40M
YoY Change	-89.52%	-32.61%
INVESTING ACTIVITIES
Capital Expenditures	-$15.40M	-$4.600M
YoY Change	234.78%	48.39%
Acquisitions
YoY Change
Other Investing Activities	$3.200M	$2.000M
YoY Change	60.0%	81.82%
Cash From Investing Activities	-$12.20M	-$2.700M
YoY Change	351.85%	35.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-312.2M	-294.2M
YoY Change	6.12%	-862.18%
NET CHANGE
Cash From Operating Activities	-1.300M	-12.40M
Cash From Investing Activities	-12.20M	-2.700M
Cash From Financing Activities	-312.2M	-294.2M
Net Change In Cash	-325.7M	-309.3M
YoY Change	5.3%	-1799.45%
FREE CASH FLOW
Cash From Operating Activities	-$1.300M	-$12.40M
Capital Expenditures	-$15.40M	-$4.600M
Free Cash Flow	$14.10M	-$7.800M
YoY Change	-280.77%	-49.02%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	63057000
CY2013Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	1577000
CY2014Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	4194709	shares
CY2013Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	77341000
CY2013Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	778424000
CY2013Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	2454000
CY2014Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	98765000
CY2014Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	3618000
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	183983	shares
CY2014Q2	us-gaap	Debt Instrument Interest Rate Stated Percentage DebtInstrumentInterestRateStatedPercentage	0.0395	pure
CY2014Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20555330	shares
CY2014Q2	us-gaap	Common Stock Shares Held In Employee Trust Shares CommonStockSharesHeldInEmployeeTrustShares	109256	shares
CY2014Q2	us-gaap	Debt Instrument Interest Rate Effective Percentage DebtInstrumentInterestRateEffectivePercentage	0.0397	pure
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	938.45
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	1228796	shares
CY2014Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q2	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	17741000
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	629.72
CY2014Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	60000000	shares
CY2014Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	16342156	shares
CY2014Q2	us-gaap	Assets Assets	2382063000
CY2014Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	553705000
CY2014Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2382063000
CY2014Q2	us-gaap	Liabilities Liabilities	1282848000
CY2014Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2014Q2	us-gaap	Goodwill Goodwill	441000
CY2014Q2	us-gaap	Common Stock Shares Held In Employee Trust CommonStockSharesHeldInEmployeeTrust	17741000
CY2014Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	97190000
CY2014Q2	us-gaap	Stockholders Equity StockholdersEquity	1099215000
CY2014Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1277755000
CY2014Q2	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	25000000
CY2014Q2	us-gaap	Non Recourse Debt NonRecourseDebt	1258000
CY2014Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	4697584000
CY2014Q2	us-gaap	Warehouse Agreement Borrowings WarehouseAgreementBorrowings	0
CY2014Q2	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	600000000
CY2014Q2	us-gaap	Common Stock Value CommonStockValue	206000
CY2014Q2	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	63789000
CY2014Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5614000
CY2014Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	3810000
CY2014Q2	us-gaap	Deposits Assets DepositsAssets	253808000
CY2014Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	229300000
CY2014Q2	us-gaap	Loans Held For Sale Mortgages LoansHeldForSaleMortgages	170470000
CY2014Q2	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	6802000
CY2014Q2	us-gaap	Treasury Stock Value TreasuryStockValue	4876330000
CY2014Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	85500000
CY2014Q2	nvr	Land Under Development Related To Consolidated Joint Venture LandUnderDevelopmentRelatedToConsolidatedJointVenture	4371000
CY2014Q2	nvr	Power Of Developers Equity Holders To Direct Operating Activities Of Development Entity PowerOfDevelopersEquityHoldersToDirectOperatingActivitiesOfDevelopmentEntity	1.00	pure
CY2014Q2	nvr	Finished Lots Committed To Purchase FinishedLotsCommittedToPurchase	10	Lot
CY2014Q2	nvr	Loss Reserve On Contract Land Deposits LossReserveOnContractLandDeposits	55869000
CY2014Q2	nvr	Contingent Specific Performance Obligations ContingentSpecificPerformanceObligations	1505000
CY2014Q2	nvr	Contract Land Deposits Risk Of Loss ContractLandDepositsRiskOfLoss	261740000
CY2014Q2	nvr	Other Assets Related To Consolidated Joint Venture OtherAssetsRelatedToConsolidatedJointVenture	400000
CY2014Q2	nvr	Number Of Finished Lots Intended To Be Developed From Raw Parcels Of Land NumberOfFinishedLotsIntendedToBeDevelopedFromRawParcelsOfLand	1150	Lot
CY2014Q2	nvr	Number Of Joint Ventures NumberOfJointVentures	4	JointVenture
CY2014Q2	nvr	Accrued Expenses Related To Consolidated Joint Venture AccruedExpensesRelatedToConsolidatedJointVenture	1475000
CY2014Q2	nvr	Number Of Raw Parcels Of Land Acquired NumberOfRawParcelsOfLandAcquired	6	Parcels
CY2014Q2	nvr	Variable Interest Entity Consolidated Carrying Amount Liabilities And Equity VariableInterestEntityConsolidatedCarryingAmountLiabilitiesAndEquity	6802000
CY2014Q2	nvr	Equity Related To Consolidated Joint Venture EquityRelatedToConsolidatedJointVenture	4069000
CY2014Q2	nvr	Cash Related To Consolidated Joint Venture CashRelatedToConsolidatedJointVenture	1846000
CY2014Q2	nvr	Expected Production Of Finished Lots From Joint Ventures ExpectedProductionOfFinishedLotsFromJointVentures	9000	Lot
CY2014Q2	nvr	Contract Land Deposits ContractLandDeposits	309677000
CY2014Q2	nvr	Lots Controlled By Company LotsControlledByCompany	60900	Lot
CY2014Q2	nvr	Fall Out Rate Of Measuring Fair Value Of Rate Lock Commitments FallOutRateOfMeasuringFairValueOfRateLockCommitments	0.11	pure
CY2014Q2	nvr	Restricted Cash Related To Consolidated Joint Venture RestrictedCashRelatedToConsolidatedJointVenture	185000
CY2014Q2	nvr	Maximum Percentage Of Deposits Required Under Purchase Agreements MaximumPercentageOfDepositsRequiredUnderPurchaseAgreements	0.10	pure
CY2014Q2	nvr	Average Basis Points Of Servicing Loan Amount AverageBasisPointsOfServicingLoanAmount	0.0111	pure
CY2014Q2	nvr	Letters Of Credit Related To Lots LettersOfCreditRelatedToLots	6427000
CY2014Q2	nvr	Joint Venture Lots Not Under Contract With Company JointVentureLotsNotUnderContractWithCompany	3400	Lot
CY2014Q2	nvr	Debt Instrument Borrowing Base Limitation Amount DebtInstrumentBorrowingBaseLimitationAmount	0
CY2014Q2	nvr	Contract Land Deposits On Fixed Price Purchase Agreements ContractLandDepositsOnFixedPricePurchaseAgreements	306200000
CY2014Q2	nvr	Letter Of Credit On Fixed Price Purchase Agreements LetterOfCreditOnFixedPricePurchaseAgreements	2400000
CY2014Q2	nvr	Number Of Finished Lots Intended To Be Developed From Current Period Raw Land Acquisition NumberOfFinishedLotsIntendedToBeDevelopedFromCurrentPeriodRawLandAcquisition	440	Lot
CY2012Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	62742000
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1153507000
CY2012Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	893000
CY2013Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20555330	shares
CY2013Q4	us-gaap	Common Stock Shares Held In Employee Trust Shares CommonStockSharesHeldInEmployeeTrustShares	109256	shares
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	740.18
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	667036	shares
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	60000000	shares
CY2013Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	16121605	shares
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2013Q4	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	17741000
CY2013Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	101507000
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	1261352000
CY2013Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1212050000
CY2013Q4	us-gaap	Non Recourse Debt NonRecourseDebt	3365000
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	4605557000
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	206000
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2486148000
CY2013Q4	us-gaap	Liabilities Liabilities	1224796000
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2013Q4	us-gaap	Common Stock Shares Held In Employee Trust CommonStockSharesHeldInEmployeeTrust	17741000
CY2013Q4	us-gaap	Assets Assets	2486148000
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	866253000
CY2013Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	3294000
CY2013Q4	us-gaap	Deposits Assets DepositsAssets	236885000
CY2013Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	7268000
CY2013Q4	us-gaap	Treasury Stock Value TreasuryStockValue	4556461000
CY2013Q4	nvr	Land Under Development Related To Consolidated Joint Venture LandUnderDevelopmentRelatedToConsolidatedJointVenture	5810000
CY2013Q4	nvr	Finished Lots Committed To Purchase FinishedLotsCommittedToPurchase	13	Lot
CY2013Q4	nvr	Loss Reserve On Contract Land Deposits LossReserveOnContractLandDeposits	59761000
CY2013Q4	nvr	Contingent Specific Performance Obligations ContingentSpecificPerformanceObligations	1707000
CY2013Q4	nvr	Contract Land Deposits Risk Of Loss ContractLandDepositsRiskOfLoss	241051000
CY2013Q4	nvr	Other Assets Related To Consolidated Joint Venture OtherAssetsRelatedToConsolidatedJointVenture	542000
CY2013Q4	nvr	Accrued Expenses Related To Consolidated Joint Venture AccruedExpensesRelatedToConsolidatedJointVenture	862000
CY2013Q4	nvr	Contract Land Deposits ContractLandDeposits	296646000
CY2013Q4	nvr	Restricted Cash Related To Consolidated Joint Venture RestrictedCashRelatedToConsolidatedJointVenture	248000
CY2013Q4	nvr	Variable Interest Entity Consolidated Carrying Amount Liabilities And Equity VariableInterestEntityConsolidatedCarryingAmountLiabilitiesAndEquity	7268000
CY2013Q4	nvr	Equity Related To Consolidated Joint Venture EquityRelatedToConsolidatedJointVenture	3041000
CY2013Q4	nvr	Cash Related To Consolidated Joint Venture CashRelatedToConsolidatedJointVenture	668000
CY2013Q4	nvr	Letters Of Credit Related To Lots LettersOfCreditRelatedToLots	2459000
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	16.92
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	5067000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	17.38
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	133000	shares
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-90514000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4934000	shares
	us-gaap	Interest Paid Net InterestPaidNet	12607000
	us-gaap	Revenues Revenues	1780148000
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	15041000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	135286000
	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	28159000
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	12204000
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	23727000
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	11000000
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	13000
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	9574000
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	5595000
	us-gaap	Net Income Loss NetIncomeLoss	85731000
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	256541000
	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	1032029000
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	294979000
	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	3281000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	8088000
	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	18652000
	us-gaap	Interest Costs Incurred InterestCostsIncurred	12514000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-267862000
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	2124000
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	1334000
	us-gaap	Share Based Compensation ShareBasedCompensation	18652000
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-375083000
	us-gaap	Interest Expense InterestExpense	10940000
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	257000
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	19304000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-16707000
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	6671000
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5848000
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	1063018000
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	23727000
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	925000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	49555000
	nvr	Increase Decrease In Accounts Payable Customer Deposits And Accrued Expenses IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses	106719000
	nvr	Corporate Capital Allocation Charge CorporateCapitalAllocationCharge	55291000
	nvr	Costs Accrued For New Warranty Contracts And Changes In Estimates For Pre Existing Warranties CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties	33903000
	nvr	Warranty Reserve Provision Single Completed Community WarrantyReserveProvisionSingleCompletedCommunity	15600000
	nvr	Contract Land Deposit Impairment Recoveries ContractLandDepositImpairmentRecoveries	3987000
	dei	Entity Registrant Name EntityRegistrantName	NVR INC
	dei	Amendment Flag AmendmentFlag	false
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
	dei	Document Type DocumentType	10-Q
	dei	Document Period End Date DocumentPeriodEndDate	2014-06-30
	dei	Entity Central Index Key EntityCentralIndexKey	0000906163
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	20.19
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum	0.18585	pure
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4557000	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	830.02
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	20.88
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.0000	pure
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-17080000
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	670450	shares
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y9M18D
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum	0.30571	pure
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4408000	shares
	us-gaap	Debt Instrument Frequency Of Periodic Payment DebtInstrumentFrequencyOfPeriodicPayment	Semi-annually in arrears on March 15 and September 15
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	656.45
	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2022-09-15
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P5Y1M28D
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	1094.24
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	149000	shares
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	317739	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	267.71
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum	0.01064	pure
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	92303	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	16387	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum	0.02489	pure
	us-gaap	Finite Lived Intangible Asset Useful Life FiniteLivedIntangibleAssetUsefulLife	P5Y
	us-gaap	Interest Paid Net InterestPaidNet	12166000
	us-gaap	Revenues Revenues	1913364000
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	63128000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	158531000
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	0
	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	20505000
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	13268000
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	6050000
	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	2083000
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	390000
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	281000
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	10781000
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	5549000
	us-gaap	Net Income Loss NetIncomeLoss	92027000
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	212502000
	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	1010249000
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	26641000
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	347448000
	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	6050000
	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	2222000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	20805000
	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	26641000
	us-gaap	Interest Costs Incurred InterestCostsIncurred	12423000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-283308000
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	8282000
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	60593000
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7926000
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	347448000
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	4718000
	us-gaap	Share Based Compensation ShareBasedCompensation	26641000
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-312548000
	us-gaap	Interest Expense InterestExpense	11517000
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	363000
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	27770000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-12160000
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	1072897000
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	6050000
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	691000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	66504000
	nvr	Fair Value Measurements Interest Rate Movement Effect FairValueMeasurementsInterestRateMovementEffect	2151000
	nvr	Fair Value Measurement Assumed Gain Loss From Loan Sale FairValueMeasurementAssumedGainLossFromLoanSale	-1544000
	nvr	Fair Value Measurements Security Price Change Included In Earnings FairValueMeasurementsSecurityPriceChangeIncludedInEarnings	-1950000
	nvr	Expiration Date Of Repurchase Agreement ExpirationDateOfRepurchaseAgreement	2015-07-29
	nvr	Stock Issued During Period Shares Treasury Stock Reissued Upon Exercise Of Stock Option And Other StockIssuedDuringPeriodSharesTreasuryStockReissuedUponExerciseOfStockOptionAndOther	97000	shares
	nvr	Warranty Reserve Provision Single Completed Community WarrantyReserveProvisionSingleCompletedCommunity	3975000
	nvr	Aggregate Finished Lots Under Contract To Be Sold To Unrelated Party Under Agreement AggregateFinishedLotsUnderContractToBeSoldToUnrelatedPartyUnderAgreement	125	Lot
	nvr	Contract Land Deposit Impairment Recoveries ContractLandDepositImpairmentRecoveries	3655000
CY2014Q1	us-gaap	Tax Adjustments Settlements And Unusual Provisions TaxAdjustmentsSettlementsAndUnusualProvisions	6900000
CY2014Q1	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	0
CY2013Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	10.11
CY2013Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	5013000	shares
CY2013Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	10.37
CY2013Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	124000	shares
	nvr	Derivative Instruments Fair Value Adjustment Gain Loss DerivativeInstrumentsFairValueAdjustmentGainLoss	4579000
	nvr	Increase Decrease In Accounts Payable Customer Deposits And Accrued Expenses IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses	61270000
	nvr	Corporate Capital Allocation Charge CorporateCapitalAllocationCharge	63477000
	nvr	Costs Accrued For New Warranty Contracts And Changes In Estimates For Pre Existing Warranties CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties	23453000
	nvr	Fair Value Measurements Changes In Servicing Rights Value FairValueMeasurementsChangesInServicingRightsValue	5922000
CY2013Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4889000	shares
CY2013Q2	us-gaap	Revenues Revenues	1009892000
CY2013Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	80181000
CY2013Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	13000
CY2013Q2	us-gaap	Net Income Loss NetIncomeLoss	50690000
CY2013Q2	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	10589000
CY2013Q2	us-gaap	Interest Costs Incurred InterestCostsIncurred	6264000
CY2013Q2	us-gaap	Interest Expense InterestExpense	5374000
CY2013Q2	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	11328000
CY2013Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	525000
CY2013Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	29491000
CY2013Q2	nvr	Corporate Capital Allocation Charge CorporateCapitalAllocationCharge	29673000
CY2013Q2	nvr	Costs Accrued For New Warranty Contracts And Changes In Estimates For Pre Existing Warranties CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties	25612000
CY2013Q2	nvr	Warranty Reserve Provision Single Completed Community WarrantyReserveProvisionSingleCompletedCommunity	15600000
CY2014Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	15.17
CY2014Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4495000	shares
CY2014Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	15.68
CY2014Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	146000	shares
CY2014Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4349000	shares
CY2014Q2	us-gaap	Revenues Revenues	1102054000
CY2014Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	108824000
CY2014Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	285000
CY2014Q2	us-gaap	Net Income Loss NetIncomeLoss	68178000
CY2014Q2	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	15938000
CY2014Q2	us-gaap	Interest Costs Incurred InterestCostsIncurred	6200000
CY2014Q2	us-gaap	Interest Expense InterestExpense	5723000
CY2014Q2	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	14768000
CY2014Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	346000
CY2014Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	40646000
CY2014Q2	nvr	Corporate Capital Allocation Charge CorporateCapitalAllocationCharge	34511000
CY2014Q2	nvr	Costs Accrued For New Warranty Contracts And Changes In Estimates For Pre Existing Warranties CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties	13193000
CY2014Q2	nvr	Inventory Real Estate Land Acquisition Costs InventoryRealEstateLandAcquisitionCosts	12000000
CY2014Q2	nvr	Warranty Reserve Provision Single Completed Community WarrantyReserveProvisionSingleCompletedCommunity	3000000
CY2014Q2	nvr	Aggregate Finished Lots Under Contract To Be Sold To Unrelated Party Under Agreement AggregateFinishedLotsUnderContractToBeSoldToUnrelatedPartyUnderAgreement	125	Lot

Files In Submission

Name	View Source	Status
0001193125-14-291128-index-headers.html	Edgar Link	pending
0001193125-14-291128-index.html	Edgar Link	pending
0001193125-14-291128.txt	Edgar Link	pending
0001193125-14-291128-xbrl.zip	Edgar Link	pending
d742944d10q.htm	Edgar Link	pending
d742944dex311.htm	Edgar Link	pending
d742944dex312.htm	Edgar Link	pending
d742944dex32.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
nvr-20140630.xml	Edgar Link	completed
nvr-20140630.xsd	Edgar Link	pending
nvr-20140630_cal.xml	Edgar Link	unprocessable
nvr-20140630_def.xml	Edgar Link	unprocessable
nvr-20140630_lab.xml	Edgar Link	unprocessable
nvr-20140630_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$NVR
NVR INC Stock $nvr

2014 Q2 Form 10-Q Financial Statement

#000119312514291128 Filed on August 01, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NVR NVR INC Stock $nvr

2014 Q2 Form 10-Q Financial Statement

#000119312514291128 Filed on August 01, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NVR
NVR INC Stock $nvr