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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 493,761 $ 396,619
Inventory:    
Land under development 63,684  
Contract land deposits, net 369,703 379,844
Total assets 2,742,299 2,643,943
LIABILITIES AND SHAREHOLDERS' EQUITY    
Total liabilities 1,334,019 1,339,502
Commitments and contingencies
Shareholders' equity:    
Common stock, $0.01 par value; 60,000,000 shares authorized; 20,555,330 shares issued as of both March 31, 2017 and December 31, 2016 206 206
Additional paid-in capital 1,570,270 1,515,828
Deferred compensation trust – 108,644 and 108,640 shares of NVR, Inc. common stock as of March 31, 2017 and December 31, 2016, respectively (17,383) (17,375)
Deferred compensation liability 17,383 17,375
Retained earnings 5,797,342 5,695,376
Less treasury stock at cost – 16,819,692 and 16,862,327 shares as of March 31, 2017 and December 31, 2016, respectively (5,959,538) (5,906,969)
Total shareholders' equity 1,408,280 1,304,441
Total liabilities and shareholders' equity 2,742,299 2,643,943
Homebuilding [Member]    
ASSETS    
Cash and cash equivalents 482,689 375,748
Restricted cash 14,857 17,561
Receivables 19,876 18,937
Inventory:    
Lots and housing units, covered under sales agreements with customers 1,025,071 883,868
Unsold lots and housing units 129,931 145,065
Land under development 63,684 46,999
Building materials and other 13,748 16,168
Total Inventory 1,232,434 1,092,100
Assets related to consolidated variable interest entity 1,248 1,251
Contract land deposits, net 369,703 379,844
Property, plant and equipment, net 45,116 45,915
Reorganization value in excess of amounts allocable to identifiable assets, net 41,580 41,580
Goodwill and finite-lived intangible assets, net 2,254 2,599
Other assets 277,489 257,811
Total assets 2,487,246 2,233,346
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 237,700 251,212
Accrued expenses and other liabilities 317,828 336,318
Liabilities related to consolidated variable interest entity 879 882
Customer deposits 148,353 122,236
Senior notes 596,607 596,455
Total liabilities 1,301,367 1,307,103
Mortgage Banking [Member]    
ASSETS    
Cash and cash equivalents 9,862 19,657
Restricted cash 2,122 1,857
Mortgage loans held for sale, net 213,433 351,958
Inventory:    
Property, plant and equipment, net 5,434 4,903
Reorganization value in excess of amounts allocable to identifiable assets, net 7,347 7,347
Other assets 16,855 24,875
Total assets 255,053 410,597
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable and other liabilities 32,652 32,399
Total liabilities $ 32,652 $ 32,399