XML 14 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Inventory:    
Land under development $ 37,781  
Contract land deposits, net 389,332 $ 396,177
Total assets 3,362,771 3,165,933
LIABILITIES AND SHAREHOLDERS' EQUITY    
Operating Lease, Liability 86,199  
Total liabilities 1,463,995 1,357,371
Commitments and contingencies
Shareholders' equity:    
Common stock, $0.01 par value; 60,000,000 shares authorized; 20,555,330 shares issued as of both September 30, 2018 and December 31, 2017 206 206
Additional paid-in capital 1,899,100 1,820,223
Deferred compensation trust – 107,336 and 108,640 shares of NVR, Inc. common stock as of September 30, 2018 and December 31, 2017, respectively (16,912) (16,937)
Deferred compensation liability 16,912 16,937
Retained earnings 7,219,739 7,031,333
Less treasury stock at cost – 16,960,261 and 16,864,324 shares as of September 30, 2018 and December 31, 2017, respectively (7,220,269) (7,043,200)
Total shareholders' equity 1,898,776 1,808,562
Total liabilities and shareholders' equity 3,362,771 3,165,933
Home Building [Member]    
ASSETS    
Cash and cash equivalents 805,195 688,783
Restricted cash 19,609 16,982
Receivables 30,488 18,641
Inventory:    
Lots and housing units, covered under sales agreements with customers 1,101,147 1,076,904
Unsold lots and housing units 122,966 115,631
Land under development 37,781 38,857
Building materials and other 19,275 21,718
Total Inventory 1,281,169 1,253,110
Contract land deposits, net 389,332 396,177
Property, plant and equipment, net 43,269 42,234
Operating Lease, Right-of-Use Asset 65,519 0
Reorganization value in excess of amounts allocable to identifiable assets, net 41,580 41,580
Other assets 192,115 184,004
Total assets 2,868,276 2,641,511
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 283,119 244,496
Accrued expenses and other liabilities 310,880 332,871
Customer deposits 142,634 138,246
Operating Lease, Liability 72,965 0
Senior notes 597,836 597,681
Total liabilities 1,407,434 1,313,294
Mortgage Banking [Member]    
ASSETS    
Cash and cash equivalents 11,258 23,092
Restricted cash 4,337 3,071
Trade and Loans Receivables Held-for-sale, Net, Not Part of Disposal Group 422,557 458,324
Inventory:    
Property, plant and equipment, net 6,274 6,510
Operating Lease, Right-of-Use Asset 12,370 0
Reorganization value in excess of amounts allocable to identifiable assets, net 7,347 7,347
Other assets 30,352 26,078
Total assets 494,495 524,422
LIABILITIES AND SHAREHOLDERS' EQUITY    
Operating Lease, Liability 13,234 0
Accounts payable and other liabilities 43,327 44,077
Total liabilities $ 56,561 $ 44,077