$NVR
NVR INC Stock $nvr

$nvr Overview Financials Valuation SEC Filings Company Website

2014 Q4 Form 10-Q Financial Statement

#000119312514389808 Filed on October 30, 2014

Income Statement

Concept	2014 Q4	2014 Q3	2013 Q3
Revenue	$1.330B	$1.203B	$1.189B
YoY Change	6.89%	1.19%	36.56%
Cost Of Revenue	$1.071B	$960.1M	$964.4M
YoY Change	6.91%	-0.45%	37.3%
Gross Profit	$259.8M	$245.6M	$227.2M
YoY Change	6.78%	8.1%	33.65%
Gross Profit Margin	19.53%	20.41%	19.11%
Selling, General & Admin	$102.7M	$96.10M	$89.90M
YoY Change	19.84%	6.9%	6.64%
% of Gross Profit	39.53%	39.13%	39.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$5.000M	$4.700M	$3.600M
YoY Change	25.0%	30.56%	71.43%
% of Gross Profit	1.92%	1.91%	1.58%
Operating Expenses	$102.7M	$96.00M	$89.90M
YoY Change	19.84%	6.79%	6.52%
Operating Profit	$157.1M	$149.6M	$137.3M
YoY Change	-0.32%	8.96%	60.4%
Interest Expense	-$5.800M	$5.775M	$5.682M
YoY Change	0.0%	1.64%	276.04%
% of Operating Profit	-3.69%	3.86%	4.14%
Other Income/Expense, Net
YoY Change
Pretax Income	$151.2M	$143.8M	$131.6M
YoY Change	-0.4%	9.27%	56.41%
Income Tax	$51.80M	$53.64M	$48.66M
% Of Pretax Income	34.26%	37.3%	36.97%
Net Earnings	$99.45M	$90.15M	$82.94M
YoY Change	1.68%	8.7%	56.48%
Net Earnings / Revenue	7.48%	7.49%	6.98%
Basic Earnings Per Share		$21.49	$18.08
Diluted Earnings Per Share	$23.24	$20.70	$17.67
COMMON SHARES
Basic Shares Outstanding	4.096M shares	4.196M	4.588M shares
Diluted Shares Outstanding		4.354M	4.695M shares

Balance Sheet

Concept	2014 Q4	2014 Q3	2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$544.9M	$463.7M	$811.6M
YoY Change	-37.05%	-42.87%	-24.68%
Cash & Equivalents	$545.4M	$466.3M	$814.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$873.1M	$1.020B	$926.9M
Prepaid Expenses
Receivables	$10.00M	$11.50M	$13.10M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.428B	$1.495B	$1.752B
YoY Change	-11.9%	-14.64%	-2.9%
LONG-TERM ASSETS
Property, Plant & Equipment	$52.40M	$52.80M	$35.80M
YoY Change	40.48%	47.49%	22.18%
Goodwill		$441.0K
YoY Change
Intangibles
YoY Change
Long-Term Investments	$80.10M	$83.80M	$78.60M
YoY Change	-11.49%	6.62%
Other Assets	$165.2M
YoY Change	1.72%
Total Long-Term Assets	$923.3M	$917.9M	$767.3M
YoY Change	6.71%	19.62%	13.37%
TOTAL ASSETS
Total Short-Term Assets	$1.428B	$1.495B	$1.752B
Total Long-Term Assets	$923.3M	$917.9M	$767.3M
Total Assets	$2.351B	$2.413B	$2.519B
YoY Change	-5.42%	-4.2%	1.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$230.4M	$250.4M	$248.7M
YoY Change	13.22%	0.68%	39.33%
Accrued Expenses	$289.1M	$289.7M	$270.8M
YoY Change	-8.57%	6.98%	19.4%
Deferred Revenue
YoY Change
Short-Term Debt	$100.0K	$700.0K	$600.0K
YoY Change	-97.06%	16.67%	-33.33%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$626.4M	$660.2M	$642.3M
YoY Change	0.37%	2.79%	28.18%
LONG-TERM LIABILITIES
Long-Term Debt	$599.2M	$599.1M	$599.1M
YoY Change	0.02%	0.0%	0.02%
Other Long-Term Liabilities	$1.600M	$2.300M	$2.500M
YoY Change	0.0%	-8.0%	78.57%
Total Long-Term Liabilities	$600.8M	$601.4M	$601.6M
YoY Change	0.02%	-0.03%	0.2%
TOTAL LIABILITIES
Total Short-Term Liabilities	$626.4M	$660.2M	$642.3M
Total Long-Term Liabilities	$600.8M	$601.4M	$601.6M
Total Liabilities	$1.227B	$1.262B	$1.244B
YoY Change	0.19%	1.44%	12.93%
SHAREHOLDERS EQUITY
Retained Earnings	$4.887B	$4.788B	$4.508B
YoY Change	6.12%	6.21%	5.36%
Common Stock	$1.326B	$1.300B	$1.209B
YoY Change	9.36%	7.52%	6.55%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$5.089B	$4.936B	$4.442B
YoY Change	11.68%	11.14%	10.11%
Treasury Stock Shares	$16.51M	16.39M shares	16.01M shares
Shareholders Equity	$1.124B	$1.151B	$1.275B
YoY Change
Total Liabilities & Shareholders Equity	$2.351B	$2.413B	$2.519B
YoY Change	-5.42%	-4.2%	1.54%

Cashflow Statement

Concept	2014 Q4	2014 Q3	2013 Q3
OPERATING ACTIVITIES
Net Income	$99.45M	$90.15M	$82.94M
YoY Change	1.68%	8.7%	56.48%
Depreciation, Depletion And Amortization	$5.000M	$4.700M	$3.600M
YoY Change	25.0%	30.56%	71.43%
Cash From Operating Activities	$226.4M	-$24.80M	$178.7M
YoY Change	24.4%	-113.88%	68.43%
INVESTING ACTIVITIES
Capital Expenditures	-$4.400M	-$6.500M	-$6.000M
YoY Change	-10.2%	8.33%	36.36%
Acquisitions
YoY Change
Other Investing Activities	$3.300M	$700.0K	$4.100M
YoY Change	-130.0%	-82.93%	192.86%
Cash From Investing Activities	-$1.100M	-$5.800M	-$1.900M
YoY Change	-93.08%	205.26%	-36.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-146.2M	-56.80M	-141.0M
YoY Change	28.13%	-59.72%	-136.89%
NET CHANGE
Cash From Operating Activities	226.4M	-24.80M	178.7M
Cash From Investing Activities	-1.100M	-5.800M	-1.900M
Cash From Financing Activities	-146.2M	-56.80M	-141.0M
Net Change In Cash	79.10M	-87.40M	35.80M
YoY Change	52.12%	-344.13%	-92.62%
FREE CASH FLOW
Cash From Operating Activities	$226.4M	-$24.80M	$178.7M
Capital Expenditures	-$4.400M	-$6.500M	-$6.000M
Free Cash Flow	$230.8M	-$18.30M	$184.7M
YoY Change	23.49%	-109.91%	67.15%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	77341000
CY2013Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	2454000
CY2013Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	81736000
CY2013Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	814197000
CY2013Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	3021000
CY2014Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	97190000
CY2014Q2	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	3810000
CY2014Q2	nvr	Number Of Finished Lots Intended To Be Developed From Current Year Raw Land Acquisition NumberOfFinishedLotsIntendedToBeDevelopedFromCurrentYearRawLandAcquisition	440	Lot
CY2014Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20555330	shares
CY2014Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	60000000	shares
CY2014Q3	us-gaap	Debt Instrument Interest Rate Stated Percentage DebtInstrumentInterestRateStatedPercentage	0.0395	pure
CY2014Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	941.31
CY2014Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	177000	shares
CY2014Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	627.80
CY2014Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	16388669	shares
CY2014Q3	invest	Derivative Notional Amount DerivativeNotionalAmount
CY2014Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q3	us-gaap	Debt Instrument Interest Rate Effective Percentage DebtInstrumentInterestRateEffectivePercentage	0.0397	pure
CY2014Q3	us-gaap	Common Stock Shares Held In Employee Trust Shares CommonStockSharesHeldInEmployeeTrustShares	108614	shares
CY2014Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	1225000	shares
CY2014Q3	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	25000000
CY2014Q3	us-gaap	Common Stock Value CommonStockValue	206000
CY2014Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2014Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	4787736000
CY2014Q3	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	600000000
CY2014Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1299533000
CY2014Q3	us-gaap	Stockholders Equity StockholdersEquity	1151394000
CY2014Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2413076000
CY2014Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	94312000
CY2014Q3	us-gaap	Non Recourse Debt NonRecourseDebt	661000
CY2014Q3	us-gaap	Warehouse Agreement Borrowings WarehouseAgreementBorrowings	0
CY2014Q3	us-gaap	Liabilities Liabilities	1261682000
CY2014Q3	us-gaap	Deposits Assets DepositsAssets	283579000
CY2014Q3	nvr	Average Basis Points Of Servicing Loan Amount AverageBasisPointsOfServicingLoanAmount	0.0107	pure
CY2014Q3	nvr	Cash Related To Consolidated Joint Venture CashRelatedToConsolidatedJointVenture	2598000
CY2014Q3	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	17333000
CY2014Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	466293000
CY2014Q3	us-gaap	Goodwill Goodwill	441000
CY2014Q3	us-gaap	Loans Held For Sale Mortgages LoansHeldForSaleMortgages	198597000
CY2014Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5269000
CY2014Q3	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	6232000
CY2014Q3	us-gaap	Assets Assets	2413076000
CY2014Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	212200000
CY2014Q3	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	87100000
CY2014Q3	us-gaap	Common Stock Shares Held In Employee Trust CommonStockSharesHeldInEmployeeTrust	17333000
CY2014Q3	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	55668000
CY2014Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	4027000
CY2014Q3	us-gaap	Treasury Stock Value TreasuryStockValue	4936081000
CY2014Q3	nvr	Letters Of Credit Related To Lots LettersOfCreditRelatedToLots	5719000
CY2014Q3	nvr	Number Of Raw Parcels Of Land Acquired NumberOfRawParcelsOfLandAcquired	5	Parcels
CY2014Q3	nvr	Contract Land Deposits Risk Of Loss ContractLandDepositsRiskOfLoss	290803000
CY2014Q3	nvr	Fall Out Rate Of Measuring Fair Value Of Rate Lock Commitments FallOutRateOfMeasuringFairValueOfRateLockCommitments	0.11	pure
CY2014Q3	nvr	Equity Related To Consolidated Joint Venture EquityRelatedToConsolidatedJointVenture	4197000
CY2014Q3	nvr	Joint Venture Lots Not Under Contract With Company JointVentureLotsNotUnderContractWithCompany	3300	Lot
CY2014Q3	nvr	Accrued Expenses Related To Consolidated Joint Venture AccruedExpensesRelatedToConsolidatedJointVenture	1374000
CY2014Q3	nvr	Land Under Development Related To Consolidated Joint Venture LandUnderDevelopmentRelatedToConsolidatedJointVenture	3099000
CY2014Q3	nvr	Loss Reserve On Contract Land Deposits LossReserveOnContractLandDeposits	54375000
CY2014Q3	nvr	Variable Interest Entity Consolidated Carrying Amount Liabilities And Equity VariableInterestEntityConsolidatedCarryingAmountLiabilitiesAndEquity	6232000
CY2014Q3	nvr	Expected Production Of Finished Lots From Joint Ventures ExpectedProductionOfFinishedLotsFromJointVentures	8800	Lot
CY2014Q3	nvr	Power Of Developers Equity Holders To Direct Operating Activities Of Development Entity PowerOfDevelopersEquityHoldersToDirectOperatingActivitiesOfDevelopmentEntity	1.00	pure
CY2014Q3	nvr	Number Of Joint Ventures NumberOfJointVentures	4	JointVenture
CY2014Q3	nvr	Restricted Cash Related To Consolidated Joint Venture RestrictedCashRelatedToConsolidatedJointVenture	169000
CY2014Q3	nvr	Finished Lots Committed To Purchase FinishedLotsCommittedToPurchase	10	Lot
CY2014Q3	nvr	Contract Land Deposits ContractLandDeposits	337954000
CY2014Q3	nvr	Debt Instrument Borrowing Base Limitation Amount DebtInstrumentBorrowingBaseLimitationAmount	0
CY2014Q3	nvr	Other Assets Related To Consolidated Joint Venture OtherAssetsRelatedToConsolidatedJointVenture	366000
CY2014Q3	nvr	Lots Controlled By Company LotsControlledByCompany	62500	Lot
CY2014Q3	nvr	Number Of Finished Lots Intended To Be Developed From Raw Parcels Of Land NumberOfFinishedLotsIntendedToBeDevelopedFromRawParcelsOfLand	660	Lot
CY2014Q3	nvr	Contingent Specific Performance Obligations ContingentSpecificPerformanceObligations	1505000
CY2014Q3	nvr	Maximum Percentage Of Deposits Required Under Purchase Agreements MaximumPercentageOfDepositsRequiredUnderPurchaseAgreements	0.10	pure
CY2014Q3	nvr	Contract Land Deposits On Fixed Price Purchase Agreements ContractLandDepositsOnFixedPricePurchaseAgreements	335100000
CY2014Q3	nvr	Letter Of Credit On Fixed Price Purchase Agreements LetterOfCreditOnFixedPricePurchaseAgreements	1700000
CY2014Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	4096322	shares
CY2012Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	62742000
	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	49701000
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	435809000
	us-gaap	Interest Paid Net InterestPaidNet	24673000
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	60000000	shares
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	740.18
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	Treasury Stock Shares TreasuryStockShares	16121605	shares
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
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 Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	667000	shares
CY2013Q4	us-gaap	Treasury Stock Value TreasuryStockValue	4556461000
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	206000
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	4605557000
CY2013Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1212050000
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	1261352000
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2486148000
CY2013Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	101507000
CY2013Q4	us-gaap	Non Recourse Debt NonRecourseDebt	3365000
CY2013Q4	us-gaap	Liabilities Liabilities	1224796000
CY2013Q4	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	17741000
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	866253000
CY2013Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	7268000
CY2013Q4	us-gaap	Assets Assets	2486148000
CY2013Q4	us-gaap	Common Stock Shares Held In Employee Trust CommonStockSharesHeldInEmployeeTrust	17741000
CY2013Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	3294000
CY2013Q4	us-gaap	Deposits Assets DepositsAssets	236885000
CY2013Q4	nvr	Cash Related To Consolidated Joint Venture CashRelatedToConsolidatedJointVenture	668000
CY2013Q4	nvr	Letters Of Credit Related To Lots LettersOfCreditRelatedToLots	2459000
CY2013Q4	nvr	Contract Land Deposits Risk Of Loss ContractLandDepositsRiskOfLoss	241051000
CY2013Q4	nvr	Equity Related To Consolidated Joint Venture EquityRelatedToConsolidatedJointVenture	3041000
CY2013Q4	nvr	Accrued Expenses Related To Consolidated Joint Venture AccruedExpensesRelatedToConsolidatedJointVenture	862000
CY2013Q4	nvr	Land Under Development Related To Consolidated Joint Venture LandUnderDevelopmentRelatedToConsolidatedJointVenture	5810000
CY2013Q4	nvr	Loss Reserve On Contract Land Deposits LossReserveOnContractLandDeposits	59761000
CY2013Q4	nvr	Variable Interest Entity Consolidated Carrying Amount Liabilities And Equity VariableInterestEntityConsolidatedCarryingAmountLiabilitiesAndEquity	7268000
CY2013Q4	nvr	Restricted Cash Related To Consolidated Joint Venture RestrictedCashRelatedToConsolidatedJointVenture	248000
CY2013Q4	nvr	Finished Lots Committed To Purchase FinishedLotsCommittedToPurchase	13	Lot
CY2013Q4	nvr	Contract Land Deposits ContractLandDeposits	296646000
CY2013Q4	nvr	Other Assets Related To Consolidated Joint Venture OtherAssetsRelatedToConsolidatedJointVenture	542000
CY2013Q4	nvr	Contingent Specific Performance Obligations ContingentSpecificPerformanceObligations	1707000
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	34.13
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	125000	shares
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	88165000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4942000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	35.01
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4817000	shares
	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	1673257000
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	10950000
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	55209000
	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	4488000
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	3909000
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	23811000
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	11000000
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	231676000
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	51000
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	22399000
	us-gaap	Revenues Revenues	2969115000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	14069000
	us-gaap	Net Income Loss NetIncomeLoss	168666000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	266876000
	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	43951000
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	9375000
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	22540000
	us-gaap	Interest Expense InterestExpense	16622000
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	6135000
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	4323000
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	23811000
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	30707000
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1699000
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-339310000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	98210000
	us-gaap	Interest Costs Incurred InterestCostsIncurred	18801000
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-408922000
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	381000
	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	30385000
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-18553000
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	7564000
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	114395000
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	1753024000
	us-gaap	Share Based Compensation ShareBasedCompensation	30385000
	nvr	Warranty Reserve Provision Single Completed Community WarrantyReserveProvisionSingleCompletedCommunity	15600000
	nvr	Contract Land Deposit Impairment Recoveries ContractLandDepositImpairmentRecoveries	4590000
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	40.59
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum	0.18585	pure
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	657.85
	dei	Document Type DocumentType	10-Q
	dei	Entity Registrant Name EntityRegistrantName	NVR INC
	dei	Trading Symbol TradingSymbol	NVR
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	267.62
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	372000	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	1094.82
	dei	Entity Central Index Key EntityCentralIndexKey	0000906163
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y8M12D
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	153000	shares
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-41861000
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.0000	pure
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P5Y1M28D
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	18000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	675000	shares
	dei	Document Period End Date DocumentPeriodEndDate	2014-09-30
	us-gaap	Debt Instrument Frequency Of Periodic Payment DebtInstrumentFrequencyOfPeriodicPayment	Semi-annually in arrears on March 15 and September 15.
	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	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	819.08
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4489000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	42.01
	us-gaap	Finite Lived Intangible Asset Useful Life FiniteLivedIntangibleAssetUsefulLife	P4Y6M
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum	0.30571	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum	0.02489	pure
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2022-09-15
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	99000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4336000	shares
	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	1714682000
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	13327000
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	121772000
	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	736000
	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	2819000
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	1755000
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	6786000
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	272457000
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	0
	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	691000
	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	35556000
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	281000
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	409436000
	us-gaap	Interest Paid Net InterestPaidNet	24252000
	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	42586000
	us-gaap	Revenues Revenues	3116530000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	27324000
	us-gaap	Net Income Loss NetIncomeLoss	182179000
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	44874000
	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	6786000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	302322000
	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	32621000
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	12583000
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	18401000
	us-gaap	Interest Expense InterestExpense	17292000
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	8710000
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	4790000
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	6786000
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	42751000
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	409436000
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1037000
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-399960000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	120143000
	us-gaap	Interest Costs Incurred InterestCostsIncurred	18716000
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-340111000
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	626000
	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	44874000
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-17988000
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	65639000
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	22224000
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	1761410000
	us-gaap	Share Based Compensation ShareBasedCompensation	44874000
	nvr	Deferred Compensation Activity DeferredCompensationActivity	0
	nvr	Fair Value Measurements Security Price Change Included In Earnings FairValueMeasurementsSecurityPriceChangeIncludedInEarnings	312000
	nvr	Expiration Date Of Repurchase Agreement ExpirationDateOfRepurchaseAgreement	2015-07-29
	nvr	Fair Value Measurement Assumed Gain Loss From Loan Sale FairValueMeasurementAssumedGainLossFromLoanSale	-1508000
	nvr	Stock Issued During Period Shares Treasury Stock Reissued Upon Exercise Of Stock Option And Other StockIssuedDuringPeriodSharesTreasuryStockReissuedUponExerciseOfStockOptionAndOther	105000	shares
	nvr	Aggregate Finished Lots Under Contract To Be Sold To Unrelated Party Under Agreement AggregateFinishedLotsUnderContractToBeSoldToUnrelatedPartyUnderAgreement	126	Lot
	nvr	Derivative Instruments Fair Value Adjustment Gain Loss DerivativeInstrumentsFairValueAdjustmentGainLoss	3200000
	nvr	Fair Value Measurements Interest Rate Movement Effect FairValueMeasurementsInterestRateMovementEffect	-1085000
	nvr	Fair Value Measurements Changes In Servicing Rights Value FairValueMeasurementsChangesInServicingRightsValue	5481000
	nvr	Warranty Reserve Provision Single Completed Community WarrantyReserveProvisionSingleCompletedCommunity	4000000
	nvr	Contract Land Deposit Impairment Recoveries ContractLandDepositImpairmentRecoveries	4108000
CY2014Q1	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	0
CY2014Q1	us-gaap	Tax Adjustments Settlements And Unusual Provisions TaxAdjustmentsSettlementsAndUnusualProvisions	6900000
CY2014Q2	nvr	Inventory Real Estate Land Acquisition Costs InventoryRealEstateLandAcquisitionCosts	12000000
CY2013Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	17.67
CY2013Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	107000	shares
CY2013Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4695000	shares
CY2013Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	18.08
CY2013Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4588000	shares
CY2013Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	38000
CY2013Q3	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	15798000
CY2013Q3	us-gaap	Revenues Revenues	1188967000
CY2013Q3	us-gaap	Net Income Loss NetIncomeLoss	82935000
CY2013Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	131590000
CY2013Q3	us-gaap	Interest Expense InterestExpense	5682000
CY2013Q3	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	11403000
CY2013Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	774000
CY2013Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	48655000
CY2013Q3	us-gaap	Interest Costs Incurred InterestCostsIncurred	6287000
CY2013Q3	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	11733000
CY2014Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	20.70
CY2014Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	158000	shares
CY2014Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4354000	shares
CY2014Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	21.49
CY2014Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4196000	shares
CY2014Q3	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales RealEstateInventoryCapitalizedInterestCostsCostOfSales	301000
CY2014Q3	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	12103000
CY2014Q3	us-gaap	Revenues Revenues	1203166000
CY2014Q3	us-gaap	Net Income Loss NetIncomeLoss	90152000
CY2014Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	143791000
CY2014Q3	us-gaap	Interest Expense InterestExpense	5775000
CY2014Q3	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	14981000
CY2014Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	346000
CY2014Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	53639000
CY2014Q3	us-gaap	Interest Costs Incurred InterestCostsIncurred	6293000
CY2014Q3	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	18233000

Files In Submission

Name	View Source	Status
0001193125-14-389808-index-headers.html	Edgar Link	pending
0001193125-14-389808-index.html	Edgar Link	pending
0001193125-14-389808.txt	Edgar Link	pending
0001193125-14-389808-xbrl.zip	Edgar Link	pending
d787917d10q.htm	Edgar Link	pending
d787917dex311.htm	Edgar Link	pending
d787917dex312.htm	Edgar Link	pending
d787917dex32.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
nvr-20140930.xml	Edgar Link	completed
nvr-20140930.xsd	Edgar Link	pending
nvr-20140930_cal.xml	Edgar Link	unprocessable
nvr-20140930_def.xml	Edgar Link	unprocessable
nvr-20140930_lab.xml	Edgar Link	unprocessable
nvr-20140930_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$NVR
NVR INC Stock $nvr

2014 Q4 Form 10-Q Financial Statement

#000119312514389808 Filed on October 30, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NVR NVR INC Stock $nvr

2014 Q4 Form 10-Q Financial Statement

#000119312514389808 Filed on October 30, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NVR
NVR INC Stock $nvr