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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 480,794 $ 1,193,750
Inventory:    
Land under development 78,045  
Assets related to consolidated variable interest entity 20,182 22,371
Contract land deposits, net (131,930) (100,786)
Mortgage loans held for sale, net 252,352  
Reorganization value in excess of amounts allocable to identifiable assets, net 48,927 48,927
Deferred tax assets, net 155,881 184,930
Total assets 1,779,485 2,260,061
LIABILITIES AND SHAREHOLDERS' EQUITY    
Note payable 0 90,338
Total liabilities 404,686 519,687
Commitments and contingencies      
Shareholders' equity:    
Common stock, $0.01 par value; 60,000,000 shares authorized; 20,556,198 and 20,557,913 shares issued as of December 31, 2011 and 2010, respectively 206 206
Additional paid-in-capital 1,072,779 951,234
Deferred compensation trust - 152,964 and 158,894 shares of NVR, Inc. common stock as of December 31, 2011 and 2010, respectively (25,581) (27,582)
Deferred compensation liability 25,581 27,582
Retained earnings 4,158,492 4,029,072
Less treasury stock at cost - 15,578,565 and 14,894,357 shares as of December 31, 2011 and 2010, respectively (3,856,678) (3,240,138)
Total shareholders' equity 1,374,799 1,740,374
Total liabilities and shareholders' equity 1,779,485 2,260,061
Homebuilding:
   
ASSETS    
Cash and cash equivalents 475,566 1,190,731
Receivables 6,789 6,948
Inventory:    
Lots and housing units, covered under sales agreements with customers 363,833 275,272
Unsold lots and housing units 82,578 70,542
Land under development 78,045 78,058
Manufacturing materials and other 8,694 7,457
Total Inventory 533,150 431,329
Assets related to consolidated variable interest entity 20,182 22,371
Contract land deposits, net 131,930 100,786
Property, plant and equipment, net 23,243 19,523
Reorganization value in excess of amounts allocable to identifiable assets, net 41,580 41,580
Deferred tax assets, net 155,881 184,930
Other assets 112,997 58,075
Total assets 1,501,318 2,056,273
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 125,649 115,578
Accrued expenses and other liabilities 183,810 237,052
Liabilities related to consolidated variable interest entity 1,013 500
Non-recourse debt related to consolidated variable interest entity 4,983 7,592
Customer deposits 61,223 53,705
Other term debt 1,613 1,751
Total liabilities 378,291 416,178
Mortgage Banking:
   
ASSETS    
Cash and cash equivalents 4,766 2,661
Inventory:    
Mortgage loans held for sale, net 252,352 177,244
Property, plant and equipment, net 1,694 950
Reorganization value in excess of amounts allocable to identifiable assets, net 7,347 7,347
Other assets 12,008 15,586
Total assets 278,167 203,788
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable and other liabilities 26,395 13,171
Note payable 0 90,338
Total liabilities $ 26,395 $ 103,509