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v2.4.1.9

Condensed Consolidated Statements of Income (USD $) In Thousands, except Per Share data, unless otherwise specified | 3 Months Ended
--- | ---
Mar. 31, 2015 | Mar. 31, 2014
Interest expense | $ (5,918)us-gaap_InterestExpense | $ (5,794)us-gaap_InterestExpense
Income before taxes | 62,363 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic | 49,707 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
Income tax expense | (23,305)us-gaap_IncomeTaxExpenseBenefit | (25,858)us-gaap_IncomeTaxExpenseBenefit
Net income | 39,058 us-gaap_NetIncomeLoss | 23,849 us-gaap_NetIncomeLoss
Basic earnings per share | $ 9.63 us-gaap_EarningsPerShareBasic | $ 5.34 us-gaap_EarningsPerShareBasic
Diluted earnings per share | $ 9.22 us-gaap_EarningsPerShareDiluted | $ 5.16 us-gaap_EarningsPerShareDiluted
Basic weighted average shares outstanding | 4,057 us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 4,467 us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted weighted average shares outstanding | 4,235 us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 4,620 us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Homebuilding [Member] |  |
Revenues | 941,538 us-gaap_HomeBuildingRevenue / us-gaap_StatementBusinessSegmentsAxis = nvr_HomebuildingMember | 799,187 us-gaap_HomeBuildingRevenue / us-gaap_StatementBusinessSegmentsAxis = nvr_HomebuildingMember
Other income | 725 us-gaap_OtherIncome / us-gaap_StatementBusinessSegmentsAxis = nvr_HomebuildingMember | 997 us-gaap_OtherIncome / us-gaap_StatementBusinessSegmentsAxis = nvr_HomebuildingMember
Cost of sales | (781,668)us-gaap_HomeBuildingCosts / us-gaap_StatementBusinessSegmentsAxis = nvr_HomebuildingMember | (655,152)us-gaap_HomeBuildingCosts / us-gaap_StatementBusinessSegmentsAxis = nvr_HomebuildingMember
Selling, general and administrative | (98,229)us-gaap_SellingGeneralAndAdministrativeExpense / us-gaap_StatementBusinessSegmentsAxis = nvr_HomebuildingMember | (90,632)us-gaap_SellingGeneralAndAdministrativeExpense / us-gaap_StatementBusinessSegmentsAxis = nvr_HomebuildingMember
Operating income | 62,366 us-gaap_OperatingIncomeLoss / us-gaap_StatementBusinessSegmentsAxis = nvr_HomebuildingMember | 54,400 us-gaap_OperatingIncomeLoss / us-gaap_StatementBusinessSegmentsAxis = nvr_HomebuildingMember
Interest expense | (5,782)us-gaap_InterestExpense / us-gaap_StatementBusinessSegmentsAxis = nvr_HomebuildingMember | (5,684)us-gaap_InterestExpense / us-gaap_StatementBusinessSegmentsAxis = nvr_HomebuildingMember
Income before taxes | 56,584 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic / us-gaap_StatementBusinessSegmentsAxis = nvr_HomebuildingMember | 48,716 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic / us-gaap_StatementBusinessSegmentsAxis = nvr_HomebuildingMember
Mortgage Banking [Member] |  |
Mortgage banking fees | 16,211 us-gaap_FeesAndCommissionsMortgageBanking / us-gaap_StatementBusinessSegmentsAxis = nvr_MortgageBankingMember | 12,123 us-gaap_FeesAndCommissionsMortgageBanking / us-gaap_StatementBusinessSegmentsAxis = nvr_MortgageBankingMember
Interest income | 1,078 us-gaap_InterestAndFeeIncomeLoansHeldForSaleMortgages / us-gaap_StatementBusinessSegmentsAxis = nvr_MortgageBankingMember | 1,184 us-gaap_InterestAndFeeIncomeLoansHeldForSaleMortgages / us-gaap_StatementBusinessSegmentsAxis = nvr_MortgageBankingMember
Other income | 105 us-gaap_OtherIncome / us-gaap_StatementBusinessSegmentsAxis = nvr_MortgageBankingMember | 59 us-gaap_OtherIncome / us-gaap_StatementBusinessSegmentsAxis = nvr_MortgageBankingMember
General and administrative | (11,479)us-gaap_GeneralAndAdministrativeExpense / us-gaap_StatementBusinessSegmentsAxis = nvr_MortgageBankingMember | (12,265)us-gaap_GeneralAndAdministrativeExpense / us-gaap_StatementBusinessSegmentsAxis = nvr_MortgageBankingMember
Interest expense | (136)us-gaap_InterestExpense / us-gaap_StatementBusinessSegmentsAxis = nvr_MortgageBankingMember | (110)us-gaap_InterestExpense / us-gaap_StatementBusinessSegmentsAxis = nvr_MortgageBankingMember
Income before taxes | $ 5,779 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic / us-gaap_StatementBusinessSegmentsAxis = nvr_MortgageBankingMember | $ 991 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic / us-gaap_StatementBusinessSegmentsAxis = nvr_MortgageBankingMember

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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.19) -URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.23) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 18 -Article 7 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 20 -Article 5 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 21 -Article 9 + Details
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 18 -Article 7 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 20 -Article 5 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 21 -Article 9 + Details
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- Definition The noninterest income derived from mortgage banking activities (fees and commissions), excluding fees earned from servicing third-party assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 13 -Article 9 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.13 (d)) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 + Details
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.4) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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- Definition The aggregate costs related to design, development, general contracting, remodeling, and renovation services for residential buildings, including single-family houses, multifamily housing, townhomes, apartments, and modular housing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.2) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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- Definition Revenue related to the sale of homes and home building activities including design, development, general contracting, and renovation services for residential buildings, including single-family houses, multifamily housing, townhouses, apartments, and modular housing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1(e)) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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- Definition The portion of earnings or loss from continuing operations before income taxes that is attributable to domestic operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)(1)(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Income Tax Expense (or Benefit) -URI http://asc.fasb.org/extlink&oid=6515339 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
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- Definition Interest and fee income from mortgage loans considered to be held-for-sale. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.1) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 1 -Article 9 + Details
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.9) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 9 -Article 9 + Details
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