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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 529,313 $ 396,619
Inventory:    
Land under development 46,685  
Contract land deposits, net 358,405 379,844
Total assets 2,918,087 2,643,943
LIABILITIES AND SHAREHOLDERS' EQUITY    
Total liabilities 1,382,310 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 June 30, 2017 and December 31, 2016 206 206
Additional paid-in capital 1,607,958 1,515,828
Deferred compensation trust – 108,636 and 108,640 shares of NVR, Inc. common stock as of June 30, 2017 and December 31, 2016, respectively (17,371) (17,375)
Deferred compensation liability 17,371 17,375
Retained earnings 5,945,219 5,695,376
Less treasury stock at cost – 16,807,724 and 16,862,327 shares as of June 30, 2017 and December 31, 2016, respectively (6,017,606) (5,906,969)
Total shareholders' equity 1,535,777 1,304,441
Total liabilities and shareholders' equity 2,918,087 2,643,943
Homebuilding [Member]    
ASSETS    
Cash and cash equivalents 518,482 375,748
Restricted cash 15,963 17,561
Receivables 22,110 18,937
Inventory:    
Lots and housing units, covered under sales agreements with customers 1,155,047 883,868
Unsold lots and housing units 147,195 145,065
Land under development 46,685 46,999
Building materials and other 16,024 16,168
Total Inventory 1,364,951 1,092,100
Assets related to consolidated variable interest entity 1,243 1,251
Contract land deposits, net 358,405 379,844
Property, plant and equipment, net 43,995 45,915
Reorganization value in excess of amounts allocable to identifiable assets, net 41,580 41,580
Goodwill and finite-lived intangible assets, net 1,908 2,599
Other assets 265,539 257,811
Total assets 2,634,176 2,233,346
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 271,899 251,212
Accrued expenses and other liabilities 317,168 336,318
Liabilities related to consolidated variable interest entity 874 882
Customer deposits 165,684 122,236
Senior notes 596,760 596,455
Total liabilities 1,352,385 1,307,103
Mortgage Banking [Member]    
ASSETS    
Cash and cash equivalents 9,632 19,657
Restricted cash 2,900 1,857
Mortgage loans held for sale, net 241,398 351,958
Inventory:    
Property, plant and equipment, net 5,530 4,903
Reorganization value in excess of amounts allocable to identifiable assets, net 7,347 7,347
Other assets 17,104 24,875
Total assets 283,911 410,597
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable and other liabilities 29,925 32,399
Total liabilities $ 29,925 $ 32,399