Camping World (CWH) 10-K 13 Mar 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Mar. 13, 2017	Jun. 30, 2016
Entity Registrant Name	Camping World Holdings, Inc.
Entity Central Index Key	1,669,779
Document Type	10-K
Document Period End Date	Dec. 31, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Public Float			$ 0
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Class A common stock
Entity Common Stock, Shares Outstanding		18,946,000
Class B common stock
Entity Common Stock, Shares Outstanding		62,002,729
Class C common stock
Entity Common Stock, Shares Outstanding		1

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 114,196	$ 92,025
Contracts in transit	29,012	21,892
Accounts receivable, less allowance for doubtful accounts of $2,920 and $2,929 in 2016 and 2015, respectively	58,488	56,356
Inventories, net	909,254	861,847
Prepaid expenses and other assets	21,755	18,861
Total current assets	1,132,705	1,050,981
Property and equipment, net	130,760	149,725
Deferred tax assets, net	125,878	6,234
Intangibles assets, net	3,386	1,652
Goodwill	153,105	112,940
Other assets	17,931	16,573
Total assets	1,563,765	1,338,105
Current liabilities:
Accounts payable	68,655	56,789
Accrued liabilities	78,044	77,552
Deferred revenues and gains	68,643	63,616
Current portion of capital lease obligations	1,224	771
Current portion of tax receivable agreement liability	991
Current portion of long-term debt	6,450	52,089
Notes payable - floor plan, net	625,185	598,420
Other current liabilities	16,745	13,861
Total current liabilities	865,937	863,098
Capital lease obligations, net of current portion	841	751
Right to use liability	10,343	30,599
Tax receivable agreement liability, net of current portion	18,190
Long-term debt, net of current portion	620,303	673,304
Deferred revenues and gains	52,210	52,151
Other long-term liabilities	24,156	13,062
Total liabilities	1,591,980	1,632,965
Commitments and contingencies
Stockholders'/members' equity (deficit):
Members' deficit		(294,860)
Preferred stock, par value $0.01 per share - 20,000,000 shares authorized; none issued and outstanding as of December 31, 2016
Additional paid-in capital	74,239
Retained earnings	544
Total stockholders' equity attributable to Camping World Holdings, Inc. / members' deficit	74,978	(294,860)
Non-controlling interests	(103,193)
Total stockholders' / members' equity (deficit)	(28,215)	(294,860)
Total liabilities and stockholders' / members' equity (deficit)	1,563,765	1,338,105
Class A common stock
Stockholders'/members' equity (deficit):
Common stock	189
Total stockholders' / members' equity (deficit)	189
Class B common stock
Stockholders'/members' equity (deficit):
Common stock	6
Total stockholders' / members' equity (deficit)	6
Class C common stock
Stockholders'/members' equity (deficit):
Common stock

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Stockholders' equity
Allowance for doubtful accounts	$ 2,920	$ 2,929
Preferred stock par value	$ 0.01
Preferred stock authorized	20,000,000
Preferred stock, issued	0
Preferred stock, outstanding	0
Class A common stock
Stockholders' equity
Common stock, par value	$ 0.01
Common stock, authorized	250,000,000
Common stock, issued	18,935,916
Common stock, outstanding	18,935,916
Class B common stock
Stockholders' equity
Common stock, par value	$ 0.0001
Common stock, authorized	75,000,000
Common stock, issued	69,066,445
Common stock, outstanding	62,002,729
Class C common stock
Stockholders' equity
Common stock, par value	$ 0.0001
Common stock, authorized	1
Common stock, issued	1
Common stock, outstanding	1

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenue:
Total Revenue		$ 3,526,706	$ 3,286,094	$ 2,634,998
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		2,528,105	2,382,830	1,888,803
Operating expenses:
Selling, general, and administrative		691,884	634,890	536,485
Debt restructure expense		1,218
Depreciation and amortization		24,695	24,101	24,601
(Gain) loss on sale of assets		(564)	(237)	33
Total operating expenses		717,233	658,754	561,119
Income from operations		281,368	244,510	185,076
Other income (expense):
Floor plan interest expense		(18,854)	(11,248)	(10,675)
Other interest expense, net		(48,318)	(53,377)	(46,769)
Loss on debt restructure		(5,052)		(1,831)
Other income (expense), net			1	(35)
Total other (income) expense		(72,224)	(64,624)	(59,310)
Income before income taxes		209,144	179,886	125,766
Income tax expense		(5,907)	(1,356)	(2,140)
Net income		203,237	178,530	123,626
Less: net income attributable to non-controlling interests		(11,576)
Net income attributable to Camping World Holdings, Inc.		191,661	178,530	123,626
Class A common stock
Other income (expense):
Net income		13,635
Less: net income attributable to non-controlling interests		(11,576)
Net income attributable to Camping World Holdings, Inc.		$ 2,059
Earnings per share of Class A common stock (1):
Basic	[1]	$ 0.11
Diluted	[1]	$ 0.09
Weighted average shares of Class A common stock outstanding (1):
Basic	[1]	18,766
Diluted	[1]	83,602
Pro forma earnings per share of Class A common stock (2):
Basic	[2]	$ 1.54
Diluted	[2]	$ 1.52
Consumer services and plans
Revenue:
Total Revenue		$ 184,773	174,600	162,598
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		79,272	81,749	74,065
Retail
Revenue:
Total Revenue		3,341,933	3,111,494	2,472,400
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		2,448,833	2,301,081	1,814,738
Retail | New vehicles
Revenue:
Total Revenue		1,866,182	1,606,465	1,174,816
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		1,604,534	1,379,156	1,006,389
Retail | Used vehicles
Revenue:
Total Revenue		705,893	806,399	680,190
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		555,113	646,936	546,622
Retail | Parts, services and other
Revenue:
Total Revenue		540,019	507,810	482,254
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		289,186	274,989	261,727
Retail | Finance and insurance, net
Revenue:
Total Revenue		$ 229,839	$ 190,820	$ 135,140
[1]	Basic and diluted earnings per Class A common stock is applicable only for periods after the Company’s IPO. See Note 21 — Earnings Per Share.
[2]	The pro forma financial information presented has been computed to reflect income attributable to non-controlling interests and income tax expense assuming the Company’s initial public offering and related reorganization transactions occurred on January 1, 2016. See Note 21 — Earnings Per Share.

Condensed Consolidated Stateme5

Condensed Consolidated Statement Stockholders' and Members' Equity (Deficit) - USD ($) $ in Thousands	Member Unit	Members' Deficit	Additional Paid-in Capital	Retained Earnings	Non-controlling Interest	Class A common stock	Class B common stock	Class C common stock	Total
Balance at Dec. 31, 2013		$ (379,521)							$ (379,521)
Balance (in shares) at Dec. 31, 2013	154,414
Increase (Decrease) in Members' Equity (Deficit)
Net income		123,626							123,626
Conversion of Series B note to equity		73,383							73,383
Members' distributions		(60,101)							(60,101)
Balance at Dec. 31, 2014		(242,613)							(242,613)
Balance (in shares) at Dec. 31, 2014	154,401
Increase (Decrease) in Members' Equity (Deficit)
Membership unit forfeited (in units)	(13)
Net income		178,530							178,530
Members' distributions		(230,777)							(230,777)
Balance at Dec. 31, 2015		(294,860)							(294,860)
Balance (in shares) at Dec. 31, 2015	155,559
Increase (Decrease) in Members' Equity (Deficit)
Membership units, issued (in shares)	1,158
Net income						$ 13,635			203,237
Net income prior to the Reorganization Transactions		189,602							189,602
Membership units redeemed prior to the Reorganization Transactions		(17,000)							(17,000)
Membership units redeemed prior to the Reorganization Transactions (in shares)	(1,763)
Members' distributions prior to the Reorganization Transactions		(197,922)							(197,922)
Non-cash distributions prior to the Reorganization Transactions		(38,838)							(38,838)
Equity-based compensation recognized prior to the Reorganization Transactions		949							949
Effect of the Reorganization Transactions		$ 358,069	$ (7,306)		$ (322,892)	$ 71	$ 6		27,948
Effect of the Reorganization Transactions (in shares)	(153,796)					7,064,000	62,003,000
Issuance of Class A common stock sold in initial public offering, net of underwriting discounts, commissions and offering costs			233,958			$ 118			234,076
Issuance of Class A common stock sold in initial public offering, net of underwriting discounts, commissions and offering costs (in shares)						11,872,000
Non-controlling interest adjustment for purchase of common units from CWGS, LLC with proceeds from initial public offering			(144,178)		234,486				90,308
Equity-based compensation recognized subsequent to Reorganization Transactions			648						648
Distributions to holders of LLC Units					(21,223)				(21,223)
Dividends subsequent to the Reorganization Transactions				$ (1,515)					(1,515)
Deferred tax adjustments related to Tax Receivable Agreement			(11,794)						(11,794)
Non-controlling interest adjustment			2,911		(5,140)				(2,229)
Net income subsequent to the Reorganization Transactions				2,059	11,576				13,635
Balance at Dec. 31, 2016			$ 74,239	$ 544	$ (103,193)	$ 189	$ 6		$ (28,215)
Balance (in shares) at Dec. 31, 2016						18,935,916	69,066,445	1

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operating activities
Net income	$ 203,237	$ 178,530	$ 123,626
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	24,695	24,101	24,601
Equity-based compensation	1,597
Loss on debt restructure	5,052		1,831
(Gain) loss on sale of assets	(564)	(237)	33
Provision for losses on accounts receivable	1,332	2,180	1,192
Accretion of original issue discount	1,127	1,010	848
Non-cash interest	4,543	5,897	1,345
Deferred tax expense (benefit)	3,765	(181)	1,175
Change in assets and liabilities, net of acquisitions:
Cash - restricted		25
Receivables and contracts in transit	(10,932)	(8,840)	(7,716)
Inventories	(31,987)	(111,586)	(115,304)
Prepaid expenses and other assets	(4,625)	(6,969)	(7,358)
Checks in excess of bank balance	(7,478)	6,192	(954)
Accounts payable and other accrued expenses	20,329	17,686	10,715
Accrued rent for cease-use locations	945	420	(117)
Deferred revenue and gains	4,988	3,847	9,410
Other, net	7,686	68	737
Net cash provided by operating activities	223,710	112,143	44,064
Investing activities
Purchases of property and equipment	(39,782)	(41,437)	(34,984)
Purchase of real property	(17,077)	(30,272)	(6,395)
Proceeds from the sale of real property	15,892	19,425	1,197
Purchases of businesses, net of cash acquired	(78,606)	(125,189)	(10,615)
Proceeds from sale of property and equipment	3,870	1,273	606
Purchase of intangible assets			(34)
Net cash used in investing activities	(115,703)	(176,200)	(50,225)
Financing activities
Proceeds from long-term debt	188,137	148,938	116,415
Payments on long-term debt	(288,520)	(36,647)	(13,870)
Net borrowings on notes payable - floor plan, net	26,765	167,387	47,926
Borrowings on revolver	12,000
Payments on revolver	(12,000)
Payments of principal on capital lease obligations	(1,465)	(737)	(688)
Payments of principal on right to use liability	(200)	(1,351)	(1,395)
Payments on credit facilities			(5,000)
Payment of debt issuance costs	(7,084)	(3,324)	(2,921)
Proceeds from issuance of Class A common stock sold in an initial pubic offering net of underwriter discounts and commissions	234,185
Proceeds from issuance of Class B common stock	7
Dividends on Class A common stock	(1,515)
Members' distributions	(236,146)	(228,894)	(60,101)
Net cash (used in) provided by financing activities	(85,836)	45,372	80,366
Increase (decrease) in cash	22,171	(18,685)	74,205
Cash at beginning of year	92,025	110,710	36,505
Cash at end of year	$ 114,196	$ 92,025	$ 110,710

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Summary of Significant Accounting Policies
Summary of Significant Accounting Policies	1. Summary of Significant Accounting Policies Principles of Consolidation and Basis of Presentation The consolidated financial statements include the accounts of Camping World Holdings, Inc. (“CWH”) and its subsidiaries (collectively, the “Company”), and are presented in accordance with accounting principles generally accepted in the United States (“GAAP”). CWH was formed on March 8, 2016 as a Delaware corporation for the purpose of facilitating an initial public offering (the “IPO”) and other related transactions in order to carry on the business of CWGS Enterprises, LLC (“CWGS, LLC”). CWGS, LLC was formed in March 2011 when it received, through contribution from its then parent company, all of the membership interests of Affinity Group Holding, LLC and FreedomRoads Holding Company, LLC (“FreedomRoads”). The IPO and related reorganization transactions (the “Reorganization Transactions”) that occurred on October 6, 2016 (see Note 18 — Stockholders’ Equity for a discussion of these transactions) resulted in CWH as the sole managing member of CWGS, LLC, with CWH having sole voting power in and control of the management of CWGS, LLC. Despite its position as sole managing member of CWGS, LLC, CWH has a minority economic interest in CWGS, LLC. As of December 31, 2016, CWH owned 22.6% of CWGS, LLC. According, the Company consolidates the financial results of CWGS, LLC and reports a non-controlling interest in its consolidated financial statements. As the Reorganization Transactions, discussed in Note 18 — Stockholders’ Equity, are considered transactions between entities under common control, the financial statements for the periods prior to the IPO and related Reorganization Transactions have been adjusted to combine the previously separate entities for presentation purposes. All significant intercompany accounts and transactions of the Company and its subsidiaries have been eliminated in consolidation. Certain prior-period amounts have been reclassified to conform to the current period presentation. The Company does not have any components of other comprehensive income recorded within its consolidated financial statements, and, therefore, does not separately present a statement of comprehensive income in its consolidated financial statements. Description of the Business CWH is a holding company and operates through its subsidiaries. The operations of the Company consist of two primary businesses: (i) Consumer Services and Plans, and (ii) Retail. The Company provides consumer services and plans offerings through its Good Sam brand and the Company provides its retail offerings through its Camping World brand. Within the Consumer Services and Plans segment, the Company primarily derives revenue from the sale of the following offerings: emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co‑branded credit cards; vehicle financing and refinancing; club memberships; and publications and directories. Within the Retail segment, the Company primarily derives revenues from the sale of the following products: new vehicles; used vehicles; parts and service, including recreational vehicle (“RV”) accessories and supplies; and finance and insurance. The Company primarily operates in various regions throughout the United States and markets its products and services to RV owners and camping enthusiasts. At December 31, 2016, the Company operated 122 Camping World retail locations, of which 105 locations sell new and used RV’s, and offer financing, and other ancillary services, protection plans, and products for the RV purchaser. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates. In preparing these financial statements, management has made its best estimates and judgments of certain amounts included in the financial statements, giving due consideration to materiality. The Company bases its estimates and judgments on historical experience and other assumptions that management believes are reasonable. However, application of these accounting policies involves the exercise of judgment and use of assumptions as to future uncertainties and, as a result, actual results could differ materially from these estimates. The Company periodically evaluate estimates and assumptions used in the preparation of the financial statements and make changes on a prospective basis when adjustments are necessary. Significant estimates made in the accompanying Consolidated Financial Statements include certain assumptions related to accounts receivable, inventory, goodwill, intangible assets, long‑lived assets, assets held for sale, program cancellation reserves, and accruals related to self‑insurance programs, estimated tax liabilities and other liabilities. Cash and Cash Equivalents The Company considers all short‑term, highly liquid investments purchased with a maturity date of three months or less to be cash equivalents. The carrying amount approximates fair value because of the short‑term maturity of these instruments. Outstanding checks that are in excess of the cash balances at certain banks are included in accrued liabilities in the Consolidated Balance Sheets, and changes in the amounts are reflected in operating cash flows in the accompanying Consolidated Statement of Cash Flows. Restricted Cash Restricted cash balances are pledged primarily in lieu of letters of credit. Restricted cash is expected to become available to the Company when the letters of credit are issued. Contracts in Transit Contracts in transit consist of amounts due from non-affiliated financing institutions on retail finance contracts from vehicle sales for the portion of the vehicle sales price financed by the Company’s customers. Concentration of Credit Risk The Company’s most significant industry concentration of credit risk is with financial institutions from which the Company has recorded receivables and contracts in transit. These financial institutions provide financing to Camping World’s customers for the purchase of a vehicle in the normal course of business. These receivables are short‑term in nature and are from various financial institutions located throughout the United States. The Company has cash deposited in various financial institutions that is in excess of the insurance limits provided by the Federal Deposit Insurance Corporation. The amount in excess of FDIC limits at December 31, 2016 and 2015 was approximately $119.0 million and $90.8 million, respectively. The Company is potentially subject to concentrations of credit risk in accounts receivable. Concentrations of credit risk with respect to accounts receivable are limited due to the large number of customers and their geographic dispersion. Inventories, net Retail inventories consist primarily of new and used recreational vehicles and pre-owned cars held for sale valued using the specific‑identification method and valued at the lower of cost or net realizable value. Cost includes purchase costs, reconditioning costs, dealer‑installed accessories, and freight. For vehicles accepted in trades, the cost is the fair value of such used vehicles at the time of the trade‑in. Parts and accessories are valued at the lower of cost or net realizable value. Retail parts, accessories, and other inventories primarily consist of retail travel and leisure specialty merchandise and are stated at lower of first‑in, first‑out cost or net realizable value. Property and Equipment, net Property and equipment is recorded at historical cost, net of accumulated depreciation and amortization, and, if applicable, impairment charges. Depreciation of property and equipment is provided using the straight‑line method over the following estimated useful lives of the assets: Years Building and improvements Leasehold improvements 3 - 40 Furniture, fixtures and equipment 3-12 Rental vehicles Software 3-5 Leasehold improvements are amortized over the useful lives of the assets or the remaining term of the respective lease, whichever is shorter. Goodwill and Other Intangible Assets Goodwill is reviewed at least annually for impairment, and more often when impairment indicators are present (see Note 5 — Goodwill and Intangible Assets). Finite‑lived intangibles are recorded at cost, net of accumulated amortization and, if applicable, impairment charges. Finite‑lived intangible assets consist of membership customer lists with weighted‑average useful lives of approximately five years. Long‑Lived Assets Long‑lived assets included in property and equipment, net, including capitalized software costs to be held and used, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Impairment is recognized to the extent the sum of the discounted estimated future cash flows from the use of the asset is less than the carrying value. For the Company’s major software systems, such as its accounting and membership systems, the Company’s capitalized costs may include some internal or external costs to configure, install and test the software during the application development stage. The Company does not capitalize preliminary project costs, nor does it capitalize training, data conversion costs, maintenance or post‑development stage costs. Self‑Insurance Program Self‑insurance reserves represent amounts established as a result of insurance programs under which the Company self‑insures portions of the business risks. The Company carries substantial premium‑paid, traditional risk transfer insurance for various business risks. The Company self‑insures and establishes reserves for the retention on workers’ compensation insurance, general liability, automobile liability, professional errors and omission liability, and employee health claims. The self‑insured claims liability was approximately $11.3 million and $7.8 million at December 31, 2016 and 2015, respectively. The determination of such claims and expenses and the appropriateness of the related liability are continually reviewed and updated. The self‑insurance accruals are calculated by actuaries and are based on claims filed and include estimates for claims incurred but not yet reported. Projections of future losses, including incurred but not reported losses, are inherently uncertain because of the random nature of insurance claims and could be substantially affected if occurrences and claims differ significantly from these assumptions and historical trends. In addition, the Company has obtained letters of credit as required by insurance carriers. As of December 31, 2016 and 2015, these letters of credit were approximately $10.8 million and $10.4 million, respectively. This includes $7.6 million and $6.8 million as of December 31, 2016 and 2015, respectively, issued under the FreedomRoads, LLC Floor Plan Facility (see Note 3 — Inventories and Notes Payable — Floor Plan, net), and the balance issued under the Company’s Senior Secured Credit Facilities (see Note 7 — Long ‑ Term Debt). Long‑Term Debt The fair value of the Company’s long‑term debt is estimated based on the quoted market prices for the same or similar issues or on the current rates offered for debt of the same or similar remaining maturities. Revenue Recognition Revenue is recognized when persuasive evidence of an arrangement exists, services or products have been provided to the customers, fees are fixed or determinable, and collectability is reasonably assured. Consumer Services and Plans revenue consists of revenue from membership clubs, publications, consumer shows, and marketing and royalty fees from various consumer services and plans. Certain Consumer Services and Plans revenue is generated from annual, multiyear and lifetime memberships. The revenue and expenses associated with these memberships are deferred and amortized over the membership period. Unearned revenue and profit are subject to revisions as the membership progresses to completion. Revisions to membership period estimates would change the amount of income and expense amortized in future accounting periods. For lifetime memberships, an 18‑year period is used, which is the actuarially determined estimated fulfillment period. Roadside Assistance (“RA”) revenues are deferred and recognized over the life of the membership. RA claim expenses are recognized when incurred. Royalty revenue is earned under the terms of an arrangement with a third‑party credit card provider based on a percentage of the Company’s co‑branded credit card portfolio retail spend with such third‑party credit card provider. Marketing fees for finance, insurance, extended service and other similar products are recognized, net of a reserve for estimated cancellations, if applicable, when a product contract payment has been received or financing has been arranged. Promotional expenses, consisting primarily of direct‑mail advertising, are deferred and expensed over the period of expected future benefit, typically three months based on historical actual response rates. Renewal expenses are expensed at the time related materials are mailed. Newsstand sales of publications and related expenses are recorded at the time of delivery, net of an estimated provision for returns. Subscription sales of publications are reflected in income over the lives of the subscriptions. The related selling expenses are expensed as incurred. Advertising revenues and related expenses are recorded at the time of delivery. Subscription and newsstand revenues and expenses related to annual publications are deferred until the publications are distributed. Revenue and related expenses for consumer shows are recognized when the show occurs. Retail revenue consists of sales of new and used recreational vehicles and pre-owned cars, commissions on related finance and insurance contracts, and sales of parts, services and other products. Revenue from the sale of recreational vehicles and pre-owned cars is recognized upon completion of the sale to the customer. Conditions to completing a sale include having an agreement with the customer, including pricing, and the sales price must be reasonably expected to be collected and delivery has occurred. Revenue from parts, services and other products sales is recognized on the delivery of the part or completion of the service. Finance and insurance revenue is recognized when a finance and insurance product contract payment has been received or financing has been arranged. The proceeds the Company receives for arranging financing contracts, and selling insurance and service contracts, are subject to chargebacks if the customer terminates the respective contract earlier than a stated period. A reserve for chargebacks is recorded as a reduction of revenues in the period in which the related revenue is recognized. Parts and Service Internal Profit The Company’s parts and service departments recondition the majority of used vehicles acquired by the Company’s used vehicle departments and perform minor preparatory work on new vehicles acquired by the Company’s new vehicle departments. The parts and service departments charge the new and used vehicle departments as if they were third parties in order to account for total activity performed by that department. The revenue and costs applicable to revenue associated with the internal work performed by the Company’s parts and service departments are eliminated in consolidation. Also in consolidation, the Company eliminates the internal profit on vehicles and parts inventory that have not been sold. Advertising Expense At December 31, 2016 and 2015, $6.9 million and $6.6 million, respectively, of advertising expenses were capitalized as direct‑response advertising, of which $5.5 million and $5.0 million, respectively, were reported as assets and $1.4 million and $1.6 million, respectively, were reported net of related deferred revenue. Other advertising expenses are expensed as incurred. Advertising expenses for the years ended December 31, 2016, 2015, and 2014 were $76. 0 million, $76.2 million, and $65.0 million, respectively. Vendor Allowances As a component of the Company’s consolidated procurement program, the Company frequently enters into contracts with vendors that provide for payments of rebates or other allowances. These vendor payments are reflected in the carrying value of the inventory when earned or as progress is made toward earning the rebate or allowance and as a component of cost of sales as the inventory is sold. Certain of these vendor contracts provide for rebates and other allowances that are contingent upon the Company meeting specified performance measures such as a cumulative level of purchases over a specified period of time. Such contingent rebates and other allowances are given accounting recognition at the point at which achievement of the specified performance measures are deemed to be probable and reasonably estimable. Shipping and Handling Fees and Costs The Company reports shipping and handling costs billed to customers as a component of revenues, and related costs are reported as a component of costs applicable to revenues. For the years ended December 31, 2016, 2015, and 2014, $2.3 million, $5.6 million, and $10.7 million of shipping and handling fees, respectively, were included in the Retail segment as revenue. Income Taxes The Company recognizes deferred tax assets and liabilities based on the liability method, which requires an adjustment to the deferred tax asset or liability to reflect income tax rates currently in effect. When income tax rates increase or decrease, a corresponding adjustment to income tax expense is recorded by applying the rate change to the cumulative temporary differences. The Company recognizes the tax benefit from an uncertain tax position in accordance with accounting guidance on accounting for uncertainty in income taxes. The Company classifies interest and penalties relating to income taxes as income tax expense. See Note 10 — Income Taxes. Revisions to Prior Periods Certain revisions have been recorded in prior periods to correct for immaterial errors on previously-reported consolidated financial statements. In connection with the preparation of the financial statements for the year ended December 31, 2016, errors were identified within the elimination of intercompany revenue, costs, operating expenses, and profit in ending inventory relating to a portion of parts, supplies, freight and labor used in upgrades and repairs to new and used RVs. To quantify this error management performed an analysis of internal work orders within the parts and service departments. The Company evaluated the materiality of this error both qualitatively and quantitatively in accordance with Staff Accounting Bulletin (“SAB”) No. 99, Materiality, and SAB No. 108 and concluded that the impact of this error on the Company's previously-issued consolidated financial statements was not material. However, while not material and in order to enhance comparability and transparency, the Company has determined to revise, in this report, its previously-reported consolidated financial statements for the years ended and as of December 31, 2015 and 2014, to correct for this and other immaterial errors. As a result of these immaterial errors, revenue, costs applicable to revenue, selling, general and administrative expenses, and floor plan interest expense within the retail segment were each corrected as presented in the table below. There was no effect on any per share amounts as the periods corrected were before the Company’s IPO, see Note 21 — Earnings Per Share: Year Ended December 31, 2015 Year Ended December 31, 2014 ($ in thousands) As Reported Adjustment As Corrected As Reported Adjustment As Corrected Revenues: New vehicles $ $ $ $ $ $ Used vehicles Parts, service and other Finance and insurance, net Retail segment revenues Total revenues Costs applicable to revenues: New vehicles Used vehicles Parts, service and other Retail segment costs applicable to revenues Total costs applicable to revenues Selling, general and administrative expenses Income from operations Floor plan interest expense — Net income — Net income attributable to Camping World Holdings, Inc. — Additionally, as a result of these immaterial errors, the cumulative effect of the change on members’ deficit as of January 1, 2014, the earliest date presented in these consolidated financial statements, was $4.4 million from an as reported amount of $375.1 million to an as corrected amount of $379.5 million. Prior year inventories, other assets, and members’ deficit on the consolidated balance sheets were each corrected as follows: At December 31, 2015 At December 31, 2014 ($ in thousands) As Reported Adjustment As Corrected As Reported Adjustment As Corrected Inventories, net $ $ $ $ $ $ Other assets — Total assets Members' deficit Total liabilities and stockholders' / members' equity (deficit) While the immaterial error corrections did not have an impact on cash provided by or used in operating, investing, or financing activities, the applicable line items on the above tables within cash provided by operating activities on the consolidated statements of cash flows have been appropriately revised for the periods presented. The impact of these immaterial error corrections to relevant segment and quarterly financial information is presented in Notes 22 and 23 to these consolidated financial statements, respectively. Recently Adopted Accounting Pronouncements In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2015-05, Customers’ Accounting for Fees Paid in a Cloud Computing Arrangement (“ASU 2015-05”). ASU 2015-05 provides guidance in evaluating whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the software license element of the arrangement should be accounted for as an acquisition of a software license. If the arrangement does not contain a software license, it should be accounted for as a service contract. ASU 2015-05 is effective for reporting periods beginning after December 15, 2015 and may be adopted either retrospectively or prospectively. The Company adopted ASU 2015-16 under the prospective transition method as of January 1, 2016. The adoption of this amendment did not materially impact the Company’s financial statements. In September 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805) Simplifying the Accounting for Measurement-Period Adjustments (“ASU 2015-16”). The amendments in the accounting standard eliminate the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. The amendments also require that the acquirer must recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amount is determined, including the effect on earnings of any amounts they would have recorded in previous periods if the accounting had been completed at the acquisition date. The amendments in this ASU were to be applied prospectively to adjustments to provisional amounts that occur after the effective date and are effective for interim and annual periods beginning after December 15, 2015. The Company adopted ASU 2015-16 as of January 1, 2016. The adoption of this amendment did not materially impact the Company’s financial statements. In November 2015, the FASB issued ASU No. 2015-17, Income Taxes (Topic 740) Balance Sheet Classification of Deferred Taxes (“ASU 2015-17”). This update requires an entity to classify deferred tax liabilities and assets as non-current within a classified statement of financial position. The Company elected to early adopt ASU 2015-17 as of October 1, 2016, with retrospective application. Accordingly, deferred tax assets in the amount of $123,000, which were previously classified as current assets at December 31, 2015, were reclassified to non-current deferred income tax assets on the Company's Consolidated Balance Sheets to conform to current year presentation. In March 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”). The amendment addresses several aspects of the accounting for share-based payment award transactions, including: allowing the accounting policy election to record forfeitures as they occur for employee share-based payments; income tax consequences; classification of awards as either equity or liabilities; and classification on the statement of cash flows. This standard will be effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years, with early adoption permitted. The Company early adopted ASU 2015-16 as of October 1, 2016 and made the accounting policy election to record forfeitures on employee share-based payment awards as they occur. The adoption of this amendment did not materially impact the Company’s financial statements. Recently Issued Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”). The FASB has subsequently issued several related ASUs that clarified the implementation guidance for certain aspects of ASU 2014-09, which are effective upon the adoption of ASU 2014-09. This ASU sets forth a five-step model for determining when and how revenue is recognized. Under the model, an entity will be required to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration it expects to receive in exchange for those goods or services. The amendments in this accounting standard update are effective for interim and annual reporting periods beginning after December 15, 2017. The standard can be adopted either retrospectively to each reporting period presented or as a cumulative effect adjustment as of the date of adoption. To assess the impact of the ASU, the Company established an internal implementation team to review its current accounting policies and practices, identify all material revenue streams, assess the impact of the ASU on its material revenue streams and identify potential differences with current policies and practices. The Company’s internal implementation team is in the process of performing its initial review of the likely impacts that the application of the amendments in this ASU will have on its consolidated financial statements. The team has identified the Company’s material revenue streams to be the sale of new and used vehicles; the sale of parts, RV accessories, and supplies; the performance of vehicle maintenance and repair services; the arrangement of associated vehicle financing; the sale of insurance and emergency roadside assistance contracts; and the sale of club memberships. Currently, the team has not completed its assessment of the changes, if any, to its current revenue recognition policies and practices. The Company’s implementation team is in the preliminary stages of evaluating the additional disclosure requirements of the ASU, as well as the change, if any, to the Company’s underlying accounting and financial reporting systems and processes necessary to support the recognition and disclosure requirements. The Company expects to identify and implement the necessary changes, if any, during 2017. The Company expects to be able to evaluate the impact of this update on its consolidated financial statements during the quarter ending June 30, 2017. The Company currently expects to adopt the amendments of this ASU as of January 1, 2018, as a cumulative effect adjustment as of the date of adoption, but will not make a final decision on the adoption method until later in 2017. In July 2015, the FASB issued ASU No. 2015-11, Inventory (Topic 330) Simplifying the Measurement of Inventory (“ASU 2015-11”). The amendments in the accounting standard replace the lower of cost or market test with a lower of cost and net realizable value test. The amendments in this ASU should be applied prospectively and are effective for interim and annual periods beginning after December 15, 2016. Earlier application is permitted as of the beginning of an interim or annual reporting period. The Company expects to adopt the amendments of this ASU as of January 1, 2017 and does not expect the adoption to materially impact its consolidated financial statements or results of operations. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-02”). The amendments in this ASU relate to the accounting for leasing transactions. This standard requires a lessee to record on the balance sheet the assets and liabilities for the rights and obligations created by leases with lease terms of more than 12 months. In addition, this standard requires both lessees and lessors to disclose certain key information about lease transactions. This standard will be effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is in the process of evaluating the impact that adoption will have on its consolidated balance sheet and statement of income. However, the Company expects that the adoption of the provisions of the ASU will have a significant impact on its consolidated balance sheet, as currently most of its real estate is leased via operating leases. Adoption of this ASU is required to be done using a modified retrospective approach. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”). The amendment addresses several specific cash flow issues with the objective of reducing the diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The standard will be effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company is currently evaluating the impact that the adoption of the provisions of the ASU will have on its consolidated financial statements. In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash, a consensus of the FASB Emerging Issues Task Force (“ASU 2016-18”). The amendments require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments in this ASU do not provide a definition of restricted cash or restricted cash equivalents. The standard will be effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company is currently evaluating the impact that the adoption of the provisions of the ASU will have on its consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805) – Clarifying the Definition of a Business (“ASU 2017-01”). This ASU clarifies the definition of a business to exclude gross assets acquired (or disposed of) that have substantially all of their fair value concentrated in a single identifiable asset or group of similar identifiable assets. The ASU also updates the definition of the term “output” to be consistent with Accounting Standards Codification (“ASC”) Topic No. 606. The ASU is effective for annual reporting periods beginning after December 15, 2017 and interim periods within those annual periods. Early adoption is permitted and the Company expects to early adopt ASU 2017-01 as of January 1, 2017. The Company does not expect the adoption of this ASU to materially impact its consolidated financial statements or results of operations. In January 2017, the FASB issued ASU No. 2017-04, Intangibles - Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill I

Receivables

Receivables	12 Months Ended
	Dec. 31, 2016
Receivables
Receivables	2. Receivables Receivables consisted of the following at December 31, (in thousands): 2016 2015 Consumer Services and Plans $ $ New and used vehicles Parts, service and other Other Allowance for doubtful accounts $ $

Inventories, net and Notes Paya

Inventories, net and Notes Payable - Floor Plan, net	12 Months Ended
	Dec. 31, 2016
Inventory, net and Notes Payable - Floor Plan, net
Inventories, net and Notes Payable - Floor Plan, net	3. Inventories, net and Notes Payable — Floor Plan, net Inventories consisted of the following at December 31, (in thousands): 2016 2015 New RV vehicles $ $ Used RV vehicles Parts, accessories and miscellaneous $ $ The RVs included in retail inventories are financed by floor plan arrangements through a syndication of banks. The floor plan notes are collateralized by substantially all of the assets of FreedomRoads, LLC (“FR”), a wholly owned subsidiary of FreedomRoads, which operates the Camping World dealerships, and bear interest at one month London Interbank Offered Rate (“LIBOR”) plus 2.05%, 2.40%, and 2.10%, for the years ended December 31, 2016, 2015, and 2014, respectively. LIBOR was 0.62%, 0.36%, and 0.16% as of December 31, 2016, 2015, and 2014, respectively. Principal is due upon the sale of the related vehicle. In February 2012, FR entered into a Fifth Amended and Restated Credit Agreement for floor plan financing (“Floor Plan Facility”). In 2013, the Fifth Amended and Restated Credit Agreement was amended to extend the maturity date to October 2016. In 2014, the Fifth Amended and Restated Credit Agreement was amended to extend the maturity date to October 2017. In August 2015, FR entered into a Sixth Amended and Restated Credit Agreement for the Floor Plan Facility to extend the maturity date to August 2018. On July 1, 2016, FR entered into Amendment No. 1 to the Sixth Amended and Restated Credit Agreement for the Floor Plan Facility to, among other things, increase the available amount under the Floor Plan Facility from $880.0 million to $1.18 billion, amend the applicable borrowing rate margin on LIBOR and base rate loans ranging from 2.05% to 2.50% and 0.55% and 1.00%, respectively, based on the consolidated current ratio at FR, and extend the maturity date to June 30, 2019. The letter of credit commitment within the Floor Plan Facility remained at $15.0 million. The Floor Plan Facility includes an offset account that allows the Company to transfer cash as an offset to the payable under the Floor Plan Facility. These transfers reduce the amount of liability outstanding under the floor plan notes payable that would otherwise accrue interest, while retaining the ability to transfer amounts from the offset account into the Company’s operating cash accounts. As a result of using the floor plan offset account, the Company experiences a reduction in floor plan interest expense in its consolidated statements of income. The credit agreement governing the Floor Plan Facility contains certain financial covenants. FR was in compliance with all debt covenants at December 31, 2016. At December 31, 2016 and 2015, the principal amount outstanding under the Floor Plan Facility was $625.2 million and $598.4 million, respectively, which was net of the floor plan offset account of $68.5 million and $13.6 million, respectively.

Property and Equipment, net

Property and Equipment, net	12 Months Ended
	Dec. 31, 2016
Property and Equipment, net
Property and Equipment, net	4. Property and Equipment, net Property and equipment consisted of the following at December 31, (in thousands): 2016 2015 Land $ $ Buildings and improvements Leasehold improvements - inclusive of right to use assets Furniture and equipment Rental vehicles — Software Systems development and construction in progress $ Less: accumulated depreciation and amortization Property and equipment, net $ $ In 2016, unrelated landlords reimbursed the Company for tenant improvements constructed by the Company at various locations. In accordance with ASC 840 — Leases, the Company capitalized the tenant improvements as leasehold improvements and recorded a lease incentive in a like amount. The leasehold improvements are depreciated over the life of the lease and the lease incentives are amortized, as an offset to rent expense, over the life of the lease. Lease incentives for 2016 were $10.4 million of which $0.1 million was amortized as an offset to rent. Included in the lease incentives received was a non-cash lease incentive of $0.7 million. Depreciation expense for the years ended December 31, 2016, 2015, and 2014 was $23.7 million, $23.3 million, and $23.8 million, respectively.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets
Goodwill and Intangible Assets	5. Goodwill and Intangible Assets The following is a summary of changes in the Company’s goodwill by business line for the years ended December 31, 2016 and 2015 (in thousands): Consumer Services and Plans Retail Consolidated Balance as of January 1, 2015 $ $ $ Acquisitions — Balance as of December 31, 2015 Acquisitions — Balance as of December 31, 2016 $ $ $ Finite‑lived intangible assets and related accumulated amortization consisted of the following at December 31, (in thousands): 2016 2015 Gross membership and customer lists $ $ Less: accumulated amortization Intangible assets, net $ $ Amortization expense of finite-lived intangibles for the years ended December 31, 2016, 2015, and 2014 was $1.0 million, $0.8 million, and $0.8 million, respectively. The aggregate future five‑year amortization of finite‑lived intangibles at December 31, 2016, was as follows (in thousands:) 2017 $ 2018 2019 2020 2021 Thereafter $ The Company evaluates goodwill and indefinite‑lived intangible assets for impairment on an annual basis as of the beginning of the fourth quarter, or more frequently if events or changes in circumstances indicate that the Company’s goodwill or indefinite‑lived intangible assets might be impaired. The Company assesses qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the Company determines it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then it is required to perform the first step of a two‑step impairment test by calculating the fair value of the reporting unit and comparing the fair value with the carrying amount of the reporting unit. If the carrying amount of a reporting unit exceeds its fair value, then the Company is required to perform the second step of the two‑step goodwill impairment test to measure the amount of the impairment loss based on qualitative assessments. The Company determined that the fair value of its reporting units was greater than its carrying value.

Accrued Liabilities

Accrued Liabilities	12 Months Ended
	Dec. 31, 2016
Accrued Liabilities
Accrued Liabilities	6. Accrued Liabilities Accrued liabilities consisted of the following at December 31, (in thousands): 2016 2015 Compensation and benefits $ $ Other accruals $ $

Long-Term Debt

Long-Term Debt	12 Months Ended
	Dec. 31, 2016
Long-Term Debt.
Long-Term Debt	7. Long‑Term Debt The following reflects outstanding long‑term debt as of December 31 (in thousands): 2016 2015 Term Loan Facility (a) $ $ Less: current portion $ $ (a) Net of $6.3 million and $4.9 million original issue discount at December 31, 2016 and 2015, respectively, and $11.9 million and $11.1 million of finance costs at December 2016 and 2015, respectively. The aggregate future maturities of long‑term debt at December 31, 2016, were as follows (in thousands): 2017 $ 2018 2019 2020 2021 Thereafter Total $ New Senior Secured Credit Facilities On November 8, 2016, CWGS Group, LLC, a wholly owned subsidiary of CWGS, LLC, entered into a new $680.0 million senior secured credit facility with Goldman Sachs Bank USA (“New Senior Secured Credit Facilities”) and used the proceeds to repay its previous senior secured credit facilities (“Previous Senior Secured Credit Facilities”). The New Senior Secured Credit Facilities consists of a seven-year $645.0 million Term Loan Facility (“New Term Loan Facility”) and a five-year $35.0 million revolving credit facility (“New Revolving Credit Facility”). The New Term Loan Facility includes mandatory amortization at 1% per annum in equal quarterly installments. Interest on the New Term Loan Facility floated at the Company’s option at a) LIBOR multiplied by the statutory reserve rate (such product, the “Adjusted LIBOR Rate”), subject to a 0.75% floor, plus an applicable margin of 3.75%, or b) an Alternate Base Rate (“ABR”) equal to 2.75% per annum plus the greater of: (i) the prime rate published by The Wall Street Journal (the “WSJ Prime Rate”), (ii) federal funds effective rate plus 0.50%, or (iii) on-month Adjusted LIBOR Rate plus 1.00%, subject to a 1.75% floor. Interest on borrowings under the New Revolving Credit Facility is at the Company’s option of a) 3.25% to 3.50% per annum subject to a 0.75% floor in the case of a Eurocurrency loan, or b) 2.25% to 2.50% per annum plus the greater of the WSJ Prime Rate, federal funds effective rate plus 0.50%, or one-month Adjusted LIBOR Rate plus 1.00% in the case of an ABR loan, based on the Company’s total leverage ratio as defined in the New Senior Secured Credit Facilities. The Company also pays a commitment fee of 0.5% per annum on the unused amount of the New Senior Secured Credit Facility. Reborrowings under the New Term Loan Facility are not permitted. Following the end of each fiscal year, commencing with the fiscal year ending December 31, 2017, the Company is required to prepay the term loan borrowings in an aggregate amount equal to 50% of excess cash flow, as defined in the New Senior Secured Credit Facilities, for such fiscal year. The required percentage prepayment of excess cash flow is reduced to 25% if the total leverage ratio, as defined, is 1.50 to 1.00 or greater but less than 2.00 to 1.00. If the total leverage ratio is less than 1.50 to 1.00, no prepayment of excess cash flow is required. The New Revolving Credit Facility matures on November 8, 2021, and the New Term Loan Facility matures on November 8, 2023. The funds available under the New Revolving Credit Facility may be utilized for borrowings or letters of credit; however, a maximum of $15.0 million may be allocated to such letters of credit. As of December 31, 2016, the interest rate on the term debt was 4.50%. As of December 31, 2016, the Company had available borrowings of $31.8 million and letters of credit in the aggregate amount of $3.2 million outstanding under the New Revolving Credit Facility. As of December 31, 2016, the principal balance of $645 million was outstanding under the New Term Loan Facility and no amounts were outstanding on the New Revolving Credit Facility. CWGS, LLC and CWGS Group, LLC have no revenue-generating operations of their own. Their ability to meet the financial obligations associated with the New Senior Secured Credit Facilities is dependent on the earnings and cash flows of its operating subsidiaries, primarily Good Sam Enterprises, LLC and FR, and their ability to upstream dividends. The New Senior Secured Credit Facilities are fully and unconditionally guaranteed, jointly and severally, on a senior secured basis by each of the Company’s existing and future domestic restricted subsidiaries with the exception of FR and its subsidiaries. The New Senior Secured Credit Facilities contain certain restrictive covenants including, but not limited to, mergers, changes in the nature of the business, acquisitions, additional indebtedness, sales of assets, investments, and the prepayment of dividends subject to certain limitations and minimum operating covenants. The Company was in compliance with all debt covenants at December 31, 2016. Previous Senior Secured Credit Facilities On November 20, 2013, CWGS Group, LLC entered into the $545.0 million Previous Senior Secured Credit Facilities consisting of a $525.0 million term loan facility (the “Previous Term Loan Facility”), at an original issue discount of $5.3 million or 1.00%, and a $20.0 million revolving credit facility (the “Previous Revolving Credit Facility”). In December 2014 and December 2015, CWGS Group, LLC secured an additional $117.0 million and $55.0 million, respectively, of term loan borrowings under the Previous Senior Secured Credit Facilities for which the proceeds were primarily used to purchase dealerships within FreedomRoads. In June 2015, CWGS Group, LLC secured an additional $95.0 million of term loan borrowings under the Previous Senior Secured Credit Facilities for which the proceeds were primarily used to pay distributions to the CWGS, LLC members. On September 21, 2016, the Company amended the Previous Senior Secured Credit Facilities to, among other things, amend the change of control definition and other technical changes to facilitate its transition to a public company, provide additional borrowings of $135.0 million under the Previous Term Loan Facility, increasing the Previous Term Loan Facility to $828.2 million, net of original issue discount and finance costs totaling $16.5 million, and to permit a distribution of a portion of the proceeds to the members of CWGS, LLC. The net proceeds were used to fund a $100.0 million special cash distribution to the members of CWGS, LLC on September 21, 2016, and the remainder of the proceeds were to be used for general corporate purposes, including the potential acquisition of dealerships. Interest on the Previous Term Loan Facility floated at the Company’s option at a) LIBOR, subject to a 1.00% floor, plus an applicable margin of 4.75%, or b) an ABR equal to 3.75% per annum plus the greater of the WSJ Prime Rate, federal funds effective rate plus 0.50%, LIBOR, or 2.00%. Interest on borrowings under the Previous Revolving Credit Facility was at the Company’s option of a) 4.25% to 4.50% per annum subject to a 1.00% floor in the case of a Eurocurrency loan, or b) 3.25% to 3.50% per annum plus the greater of the WSJ Prime Rate, federal funds effective rate plus 0.50%, LIBOR, or 2.00% in the case of an ABR loan, based on the Company’s ratio of net debt to consolidated earnings as defined in the Previous Senior Secured Credit Facilities. The Company also paid a commitment fee of 0.5% per annum on the unused amount of the Previous Revolving Credit Facility. Reborrowings under the Previous Term Loan Facility were not permitted. The quarterly scheduled principal prepayments on the term loan borrowings were $8.9 million. CWGS Group, LLC was required to prepay the term loan borrowings in an aggregate amount equal to 50% of excess cash flow, as defined in the Previous Senior Secured Credit Facilities, for such fiscal year. The required percentage prepayment of excess cash flow was reduced to 25% if the total leverage ratio, as defined, was 2.00 to 1.00 or greater but less than 2.50 to 1.00. If the total leverage ratio was less than 2.00 to 1.00, no prepayment of excess cash flow was required. As of December 31, 2015, CWGS Group, LLC’s excess cash flow offer, as defined, was $16.1 million and was presented to the term loan holders. The holders accepted $12.0 million of the prepayment offer and a principal payment in that amount was made on May 9, 2016. On October 13, 2016, CWGS Group, LLC repaid $200.4 million of the then outstanding borrowings on the Previous Term Loan Facility from the proceeds of the capital contribution made by CWH with the proceeds from the Company’s IPO, see Note 18 — Stockholders’ Equity. On November, 8, 2016, CWGS Group, LLC used the proceeds from the New Senior Secured Credit Facilities to repay and terminate the Previous Senior Secured Credit Facilities. Enterprise Notes On February 15, 2011, the Company entered into a securities purchase agreement under which CWGS, LLC issued $80.0 million of Series A Notes and a $70.0 million Series B Note due 2018 (the Enterprise Notes) to CVRV Acquisition, LLC, a Delaware limited liability company (“CVRV”) on March 2, 2011. Interest on the Enterprise Notes was due each March 31, June 30, September 30 and December 31 commencing June 30, 2011. On March 2, 2011, CVRV, the holder of the Series B Note, received an option from CWGS Holding, LLC, the direct parent of the Company, to purchase 70,000 preferred units of CWGS, LLC, which represented 44.999% of the Company’s equity interests, at an aggregate price of $70.0 million through the delivery to the Company of the Series B Note. The option could be exercised from and after the earlier of: (i) the fourth anniversary of the date of the agreement; (ii) the date on which the Company provides written notice that CVRV can exercise the option; or (iii) the tenth anniversary of the date of the agreement. The Series A Notes and the Series B Note were the two freestanding instruments issued in the securities purchase agreement entered into with CVRV. The option was not separately exercisable from the Series B Note and therefore has been included as an embedded feature in the Series B Note. The Company calculated the fair value of the respective Enterprise Notes on the issuance date and used the determined relative fair values to allocate the $150 million in proceeds between the Series A Notes and the Series B Note. The Enterprise Notes were subsequently measured at amortized cost using the effective interest method. The Company valued and recorded the Series A Notes at $68.1 million, a discount of $11.9 million, and the Series B Note at $81.9 million, a premium of $11.9 million. Interest on the Series A Notes was 3.00% per quarter provided that upon the occurrence and continuance of an event of default, the outstanding principal together with any overdue and unpaid interest would bear interest at a rate equal to 3.75% per quarter until the event of default is cured or waived. Interest on the Series B Note was 3.00% per quarter provided that the Company was entitled to elect to not pay the accrued interest on the Series B Note for up to twelve quarters in the aggregate. If the Company elected or otherwise failed to pay all accrued interest on the Series B Note in cash for any quarter, then the outstanding principal amount together with all accrued and unpaid interest shall bear interest at a rate equal to 3.25%, (i) if the Company shall so elect or shall otherwise fail to pay all accrued interest on the Series B Note in cash for any quarter in excess of six quarters in the aggregate (whether or not consecutive), or (ii) provided that upon the occurrence and continuance of an event of default, the outstanding principal together with any overdue and unpaid interest shall bear interest at a rate equal to 3.75% per quarter until the event of default is cured or waived. The Company used the net proceeds of $150.0 million from the issuance of the Enterprise Notes to: (i) permanently repay all of the outstanding indebtedness under FreedomRoads related party debt of $27.0 million, a term loan note payable of $27.0 million, a swap term loan of $4.6 million, and interest on debt of $0.3 million; (ii) make an $85.0 million distribution to its member, and (iii) pay related fees and expenses in connection with the foregoing transactions. The Company elected not to pay the accrued interest on the Series B Note for the period from June 2011 to September 2013. In November 2013, the Company used the proceeds of the Previous Senior Secured Credit Facilities to pay the $31.4 million of outstanding accrued interest on the Series B Note. The Company elected to pay the quarterly interest each quarter beginning December 31, 2013. The Company repaid the $80.0 million Series A Notes in full on November 20, 2013 from the proceeds of the Previous Senior Secured Credit Facilities and the remaining unamortized discount of $5.4 million on the Series A Notes was written off and recorded to Loss on Debt Repayment. On September 30, 2014, CVRV exercised their option and delivered the Series B Note to the Company for cancellation in exchange for the equity interest. Upon surrender and cancellation of the $70.0 million Series B Note, the remaining unamortized premium of $3.4 million was written off to Members’ Deficit. Since the exchange of the Series B Note for the preferred equity interest in CWGS, LLC and continuing through October 6, 2016, CVRV, as the holder of the preferred equity interest, received a preferred return equal to 3.00% of CVRV’s unrecovered capital contribution in CWGS, LLC, which has been paid quarterly. Preferred return payments of $6.4 million, $8.4 million, and $2.1 million were paid for the years ended December 31, 2016, 2015, and 2014, respectively.

Capital Lease Obligations

Capital Lease Obligations	12 Months Ended
	Dec. 31, 2016
Capital Lease Obligations.
Capital Lease Obligations	8. Capital Lease Obligations The Company leases various fixed assets under capital lease arrangements requiring payments through May 2019. For the years ended December 31, 2016, 2015, and 2014, $2.0 million $0, and $0.2 million were funded by capital leases, respectively. The depreciation of the capital lease assets is included in depreciation. The Company has included these leases in property and equipment, net at December 31, as follows (in thousands): 2016 2015 Furniture and equipment $ $ Accumulated depreciation $ $ The following is a schedule by year of future minimum lease payments (in thousands) under the capitalized leases, together with the present value of net minimum lease payments at December 31, 2016 (including current portion of $1.2 million): 2017 $ 2018 2019 Interest $

Right to Use Liability

Right to Use Liability	12 Months Ended
	Dec. 31, 2016
Right to Use Liability
Right to Use Liability	9. Right to Use Liability The Company leases operating facilities throughout the United States. The Company analyzes all leases in accordance with Accounting Standards Codification (“ASC”) 840 — Leases. In the first quarter of 2016, two leases were accounted for as operating leases after completion of construction as they qualified for asset derecognition under the sales-leaseback accounting rules. In the third quarter of 2016, one lease was derecognized and accounted for as an operating lease after a reduction in the lease deposit to less than two months’ rent, as it qualifies for asset derecognition. The derecognitions in 2016 resulted in the removal of $20.1 million of right to use assets, and $20.0 million of right to use liabilities, and $0.1 million of deferred gain which will be recognized ratably as an offset to rent expense over the term of the leases. In 2015, twenty-five of the leases had construction projects for which the Company was deemed to be the owner. Eighteen leases were accounted for as finance leases after completion of the construction as they did not qualify for sale accounting under the sale‑leaseback accounting rules. Seven leases were accounted for as operating leases after completion of construction as they qualified for asset derecognition under the sale‑leaseback accounting rules. An additional eighteen leases were accounted for as capital leases based on capital lease accounting rules. For both the financing and capital leases, the value of the real property, other than land was capitalized as a right to use asset with a corresponding right to use liability. To the extent land was less than twenty‑five percent of the value of the total real property, land was capitalized as a right to use asset with a corresponding right to use liability. In the fourth quarter of 2015, the Company modified the terms of certain leases. As a result of the modifications, thirty leases met the requirements to be reported as operating leases and therefore the right to use assets and corresponding right to use liabilities were derecognized in the fourth quarter of 2015. This derecognition resulted in the removal of $122.4 million of right to use assets, and $127.0 million of right to use liabilities and $4.6 million of deferred gain, which will be recognized ratably as an offset to rent expense over the term of the leases. The Company has included the right to use assets in property and equipment, net at December 31, as follows (in thousands): 2016 2015 Right to use assets $ $ Accumulated depreciation $ $ The following is a schedule by year of the future changes in the right to use liability (in thousands): 2017 $ 2018 2019 2020 2021 Thereafter (1) Total minimum lease payments Amounts representing interest Present value of net minimum right to use liability payments $ (1) Includes $5.0 million of scheduled derecognition of right to use liability due to reductions in the lease deposit to less than two months’ rent.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Taxes.
Income Taxes	10. Income Taxes The components of the Company’s income tax expense from operations for the year ended December 31, consisted of (in thousands): 2016 2015 2014 Current: Federal $ $ $ State Deferred: Federal State Income tax expense $ $ $ A reconciliation of income tax expense from operations to the federal statutory rate for the year ended December 31, is as follows (in thousands): 2016 2015 2014 Income taxes computed at federal statutory rate $ $ $ State income taxes – net of federal benefit Other differences: Income taxes computed at the effective federal and state statutory rate for pass-through entities not subject to tax Increase (decrease) of valuation allowance Other — Income tax expense $ $ $ Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes and operating loss and tax credit carryforwards. Significant items comprising the net deferred tax assets at December 31, were (in thousands): 2016 2015 Deferred tax liabilities Accelerated depreciation $ $ Prepaid expenses Other Deferred tax assets Investment impairment Gift cards Deferred revenues Accrual for employee benefits and severance Stock option expense — Investment in partnership — Tax Receivable Agreement — AMT credit Net operating loss carryforward Claims reserves Intangible assets Goodwill Deferred book gain Other reserves Valuation allowance Net deferred tax assets $ $ CWH is organized as a Subchapter C corporation and, on October 6, 2016, as part of the Company’s IPO, became a 22.6% owner of CWGS, LLC (see Note 18 — Stockholders’ Equity). CWGS, LLC is organized as a limited liability company and treated as a partnership for federal tax purposes, with the exception of Americas Road and Travel Club, Inc., CW, and FreedomRoads RV, Inc. (“FRRV”) and their wholly-owned subsidiaries, which are Subchapter C corporations. At December 31, 2016, the Subchapter C corporations had net operating loss carryforwards of approximately $21.8 million, which will be able to offset future taxable income. If not used, the net operating loss carryforwards will expire between 2024 through 2036. The increase in the amount of income tax expense in 2016 is due the increased profitability at the FRRV level and also due to the Company’s IPO in which the Company is also subject to U.S. federal, state and local taxes on its allocable share of taxable income or loss generated by CWGS, LLC subsequent to the Company’s IPO. The large increase in the net deferred tax assets in 2016 is primarily due to the Company’s acquisition of 18,935,916 LLC common units (see Note 18 — Stockholders’ Equity) on or after the IPO date in which it recognized a $115.1 million deferred tax asset for the outside basis difference in the company’s investment in CWGS, LLC. The Company also recognized a $7.4 million deferred tax asset related to the $19.2 million payments due under the tax receivable agreement discussed below. The Company evaluates its deferred tax assets on a quarterly basis to determine if they can be realized and establishes valuation allowances when it is more likely than not that all or a portion of the deferred tax assets may not be realized. At December 31, 2016, the Company determined that all of its deferred tax assets (except those of CW discussed below) are more likely than not to be realized. The valuation allowance for CW and its subsidiaries increased by $1.0 million and $0.7 million for the years ended December 31, 2016 and 2015, respectively, as its net deferred tax assets increased during those years and it continues to maintain a full valuation allowance, since it was determined that it would have insufficient taxable income in the current or carryforward periods under the tax laws to realize the future tax benefits of its deferred tax assets. During 2014, the 2012 federal tax return for CW was examined by the Internal Revenue Service (the “IRS”) and was closed on October 30, 2014, with no adjustments. On February 6, 2017, CW was notified by the IRS that it intends to audit the 2014 federal tax return. The Company and its subsidiaries file U.S. federal income tax returns and tax returns in various states. With few exceptions, the Company is no longer subject to U.S. federal, state, and local income tax examinations by tax authorities for years before 2012. The provision for income tax for the entities subject to federal income tax has been included in the consolidated financial statements. The income tax is based on the amount of taxes due on their tax returns plus deferred taxes computed based on the expected future tax consequences of temporary differences between the carrying amounts and tax basis of assets and liabilities, using expected tax rates. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. The tax benefits recognized in the consolidated financial statements on a particular tax position are measured based on the largest benefit that has a greater than a 50% likelihood of being realized upon settlement. The amount of unrecognized tax benefits is adjusted as appropriate for changes in facts and circumstances, such as significant amendments to existing tax law, new regulations or interpretations by the taxing authorities, new information obtained during a tax examination, or resolution of an examination. As of December 31, 2016 and 2015, the Company had no uncertain tax positions. The Company did not recognize any interest or penalties relating to income taxes for the years ended December 31, 2016, 2015, and 2014. On October 6, 2016, the Company entered into a tax receivable agreement (the “Tax Receivable Agreement”) that provides for the payment by the Company to the Continuing Equity Owners and Crestview Partners II GP, L.P. of 85% of the amount of tax benefits, if any, the Company actually realizes, or in some circumstances is deemed to realize, as a result of (i) increases in the tax basis from the purchase of common units from Crestview Partners II GP, L.P. in exchange for Class A common stock in connection with the consummation of the IPO and the related transactions and any future redemptions that are funded by the Company and any future redemptions or exchanges of common units by Continuing Equity Owners as described above and (ii) certain other tax benefits attributable to payments made under the Tax Receivable Agreement. CWGS intends to make a Section 754 of the Internal Revenue Code effective for each tax year in which a redemption or exchange (including a deemed exchange) of common units for cash or stock occur. These tax benefit payments are not conditioned upon one or more of the Continuing Equity Owners or Crestview Partners II GP, L.P. maintaining a continued ownership interest in CWGS, LLC. In general, the Continuing Equity Owners’ or Crestview Partners II GP, L.P.’s rights under the Tax Receivable Agreement are assignable, including to transferees of its common units in CWGS, LLC (other than the Company as transferee pursuant to a redemption or exchange of common units in CWGS, LLC). The Company expects to benefit from the remaining 15% of the tax benefits, if any, which may be realized. As part of the IPO 1,698,763 common units were exchanged for CWGS for Class A common stock by Crestview Partners II GP, L.P. subject to the provisions of the Tax Receivable Agreement. The Company recognized a liability for the Tax Receivable Agreement payments due to Crestview Partners II GP, L.P., representing 85% of the aggregate tax benefits the company expects to realize from the tax basis increases related to the exchange, after concluding it was probable that the Tax Receivable Agreement payments would be paid based on estimates of future taxable income. As of December 31, 2016, the amount of Tax Receivable payments due Crestview Partners II GP, L.P. under the Tax Receivable Agreement was $19.2 million, of which $1.0 million was included in current portion of the tax receivable agreement liability in the Consolidated Balance Sheets.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2016
Fair Value Measurements
Fair Value Measurements	11. Fair Value Measurements Accounting guidance for fair value measurements establishes a three‑tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers include Level 1, defined as observable inputs such as quoted prices in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. For cash and cash equivalents; accounts receivable; other current assets; accounts payable; notes payable — floor plan, net; and other current liabilities the amounts reported in the accompanying Consolidated Balance Sheets approximate fair value due to their short-term nature or the existence of variable interest rates that approximate prevailing market rates There have been no transfers of assets or liabilities between the fair value measurement levels and there were no material re‑measurements to fair value during 2016 and 2015 of assets and liabilities that are not measured at fair value on a recurring basis. The following table presents the reported carrying value and fair value information for the Company’s debt instruments. The fair values shown below for the New Term Loan Facility and Previous Term Loan Facility, as applicable, are based on quoted prices in the inactive market for identical assets (Level 2). Fair Value 12/31/2016 12/31/2015 ($ in thousands) Measurement Carrying Value Fair Value Carrying Value Fair Value Term Loan Facility Level 2 $ $ $ $

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies.
Commitments and Contingencies	12. Commitments and Contingencies Leases The Company holds certain property and equipment under rental agreements and operating leases that have varying expiration dates. A majority of its operating facilities are leased from unrelated parties throughout the United States. Future minimum annual fixed rentals under operating leases having an original term of more than one year as of December 31, 2016, were as follows (in thousands): Third Party Related Party Total 2017 $ $ $ 2018 2019 2020 2021 Thereafter Total $ $ $ For the years ended December 31, 2016, 2015, and 2014, $74.5 million, $61.5 million, and $59.5 million, of rent expense, respectively, was charged to costs and expenses. A subsidiary of FreedomRoads has letters of credit of $0.4 million, which were required by certain leases. The letters of credit expire in August 2017. These letters of credit are issued under the Floor Plan Facility. On December 5, 2001, GSE sold 11 real estate properties to 11 separate wholly owned subsidiaries of AGRP Holding Corp., a wholly owned subsidiary of the Company’s ultimate parent, AGI Holding Corp., for $52.3 million in cash and a note receivable. The properties were leased back to the Company on a triple‑net basis. Both the sales price and lease rates were based on market rates determined by third‑party independent appraisers engaged by the mortgage lender and approved by the Senior Secured Credit Facilities agent bank. These leases had an initial term of 25 to 27 years with two 5‑year renewal options at the then‑current market rent. The leases were classified as operating leases in accordance with accounting guidance for accounting for leases. Land and buildings with a net book value totaling $45.8 million were removed from the balance sheet. The transaction resulted in a net gain of $6.1 million consisting of a $12.1 million gain on certain properties and a $6.0 million loss on other properties. In accordance with accounting principles generally accepted in the United States, the $6.0 million loss was recognized upon the date of sale in 2001 and the $12.1 million gain was deferred and will be credited to income as rent expense adjustments over the lease terms. The average net annual lease payments over the lives of the leases were $3.4 million. On December 29, 2011, AGRP Holding Corp. sold 6 of the 11 real estate properties to a third party. In 2012, AGRP Holding Corp. sold two real estate properties to a third party (one on January 9, 2012, and one on December 28, 2012). The leases on the real estate properties sold in 2012 were terminated. In June 2013, AGRP Holding Corp. sold an additional real estate property to a third party. In February 2014, AGRP Holding Corp. sold the remaining two real estate properties to a third party. As of December 31, 2016, a $5.1 million deferred gain remains and will be recognized over the remaining lease terms. In 2006, a subsidiary of FreedomRoads entered into sale ‑ leaseback arrangements. Under these arrangements, FreedomRoads sold real property and leased it back for a period of 20 years. The leasebacks have been accounted for as operating leases. The gain of $6.4 million is being recognized ratably over the term of the leases. The income recognition (offset to rent expense) of the deferred credits totaled $0.3 million for each of the years ended December 31, 2016, 2015, and 2014. In 2016, 2015 and 2014, a subsidiary of FreedomRoads entered into sale leaseback arrangements resulting in gains of $0.1 million and $0.4 million in 2016 and 2015, respectively, and no gain or loss in 2014. The real properties were originally purchased by FreedomRoads from third parties. In 2016, the Company sold real property of $13.2 million that were originally purchased in 2016 for $11.9 million, in 2015 for $1.2 million and in 2014 for $0.1 million. In 2015, the Company sold real property of $19.0 million that was originally purchased in 2015 for $18.1 million, and in 2014 for $0.9 million. In 2014, the Company sold real properties of $1.2 million that were originally purchased in 2014 for $0.3 million, and in 2013 for $0.9 million. Under the sale‑leaseback arrangements, the real properties were leased back under operating leases for a period of 20 years. The properties are being used as part of the Company’s ongoing operations. Sponsorship and Other Agreements On April 25, 2016 and May 1, 2016, Camping World entered into sponsorship agreements. The sponsorship agreements expire on January 1, 2025 and October 1, 2019, respectively. The agreement consists of annual fees payable in aggregate as follows: $1.0 million in 2016, $1.2 million in 2017, $2.5 million in 2018, $2.6 million in 2019, $1.3 million in 2020, $1.4 million in 2021, and $4.5 million thereafter. The Company modified a sponsorship agreement in 2014. The sponsorship agreement consists of an annual base fee of $3.5 million in 2014, $3.3 million in 2015, $3.4 million in 2016, $3.5 million in 2017, $3.6 million in 2018, $3.7 million in 2019, $3.8 million in 2020, $3.9 million in 2021, and $4.0 million in 2022. The expense is recognized ratably over the term of the agreement. In 2015, CWI entered into a broad market sponsorship agreement. The sponsorship agreement expires on December 31, 2018 and consists of sponsor rights fees of $3.6 million payable as follows: $0.7 million in 2015, $0.9 million in 2016, $1.0 million in 2017, and $1.0 million in 2018. The agreement includes an opt‑out provision after 2016. The Company entered into a subscription agreement in 2014. The subscription agreement consisted of total fees of $9.4 million payable as follows: $1.7 million in 2014, $1.6 million in 2015, $1.8 million in 2016, $2.1 million in 2017, and $2.2 million in 2018. The agreement was amended on October 28, 2016. The amended subscription agreement consists of annual fees payable as follows: $2.3 million in 2017, $2.4 million in 2018, $2.4 million in 2019, $2.4 million in 2020, and $2.6 million in 2021. Litigation From time to time, the Company is involved in litigation arising in the normal course of business operations. The Company does not believe it is involved in any litigation that will have a material adverse effect on its results of operations or financial position. Employment Agreements The Company has employment agreements with certain officers. The agreements include, among other things, an annual bonus based on earnings before interest, taxes, depreciation and amortization, and up to one year’s severance pay beyond termination date.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2016
Related Party Transactions
Related Party Transactions	13. Related Party Transactions Monitoring Agreement Crestview Advisors, L.L.C. and Stephen Adams (together, the “Managers” and each, a “Manager”) and the Company are parties to a monitoring agreement relating to each Manager’s monitoring of its (or its affiliate’s) investment in the Company. Pursuant to the monitoring agreement, the Company agreed to pay each of the Managers an aggregate per annum monitoring fee equal to $1.0 million, payable in quarterly installments of $250,000. In addition, the Company agreed to reimburse each Manager and its affiliates, employees and agents for up to an aggregate per annum amount of $250,000 for all reasonable fees and expenses incurred in connection with such Manager’s monitoring of its (or its affiliate’s) investment in the Company. The Company also agreed to indemnify each Manager and its respective affiliates from and against all losses, claims, damages and liabilities arising out of the performance by such Managers’ monitoring of its (or its affiliate’s) investment in the Company. The monitoring agreement was terminated in connection with the Company’s IPO on October 6, 2016. Pursuant to the monitoring agreement, the Company incurred monitoring fees of $1.7 million. $2.0 million and $2.0 million in the years ended December 31, 2016, 2015 and 2014, respectively. In addition, the Company recorded an expense for the Managers’ reimbursable expenses, totaling $0.2 million, $0.5 million and $0.5 million for the years ended December 31, 2016, 2015 and 2014, respectively. Transactions with Directors, Equity Holders and Executive Officers Over the period from 2007 to 2011, various subsidiaries of FreedomRoads and certain entities owned by Stephen Adams conveyed real properties between each other resulting in a net receivable of $0.9 million due to FreedomRoads. In 2015, this receivable was distributed to CWGS Holding, LLC in the form of a non‑cash distribution. FreedomRoads leases various retail locations from managers and officers. During 2016, 2015 and 2014, the related party lease expense for these locations was $1.2 million, $2.0 million, and $3.8 million, respectively. In January 2012, FreedomRoads entered into a lease (the “Original Lease”) with respect to the Company’s Lincolnshire, Illinois offices, which has since been amended as of March 2013 in connection with the Company’s leasing of additional premises within the same office building (the “Expansion Lease”). The Original Lease is payable in 132 monthly payments of base rent equal to approximately $29,000, commencing April 2013, subject to annual increases. The Expansion Lease is payable in 132 monthly payments of base rent equal to approximately $2,500, commencing May 2013, subject to annual increases. Marcus Lemonis, the Company’s Chairman and Chief Executive Officer, has personally guaranteed both leases. In September 2014, Marcus Lemonis, individually and as trustee of the Marcus Lemonis Revocable Trust (“MLRT”), entered into a revolving loan with The Privatebank and Trust Company (“Privatebank”). In connection with the revolving loan, Mr. Lemonis and MLRT entered into a profits unit pledge agreement (the Pledge Agreement) with Privatebank under which Mr. Lemonis pledged 4,667 Profits Units in the Company to secure the revolving loan (See Note 20 — Equity-based Compensation). The Company also entered into a purchase, sale and put agreement (the “Put Agreement”) with Privatebank that granted Privatebank the right to put the loan to the Company upon the occurrence of an event of default pursuant to the Pledge Agreement. Prior to exercising any rights under the Put Agreement, Privatebank was required to provide notice to the Company and the Company had the right to purchase the pledged Profits Units for an amount equal to the lesser of (a) $12.0 million or (b) the outstanding principal amount of the revolving loan. On April 4, 2016, the Pledge Agreement and the Put Agreement were terminated. Until December 31, 2015, the Company had use of an aircraft owned by Adams Offices, LLC, an entity owned by AGI Holding Corp., an entity controlled by Stephen Adams, in which he has a 100% economic interest, for the purpose of operating flights incidental to the Company’s business. The Company incurred expenses for the aircraft of $1.0 million and $1.0 million for the years ended December 31, 2015 and 2014, respectively. On June 13, 2016, the board of directors of CWGS, LLC declared a $42.7 million distribution comprising of (i) the assignment of its equity interest in AutoMatch USA, LLC (‘‘AutoMatch’’), an indirect wholly-owned subsidiary of CWGS, LLC, to CWGS Holding, LLC and CVRV Acquisition LLC, each a member of CWGS, LLC, in the form of a $38.8 million non-cash distribution, and (ii) a $3.8 million cash distribution to the Profits Units of which $3.6 million was paid on June 17, 2016 and $0.2 million was paid on September 7, 2016. In connection with the AutoMatch distribution, AutoMatch and FreedomRoads, LLC, an indirect wholly-owned subsidiary of CWGS, LLC, entered into a Transition Services Agreement (the "Transition Services Agreement") whereby, for a period of up to one hundred twenty days following the distribution of AutoMatch, FreedomRoads, LLC will continue to provide administrative, employee and operational support to AutoMatch in the same manner as provided prior to such distribution and AutoMatch will be operated and managed by employees of FreedomRoads, LLC, in exchange for reimbursement by AutoMatch of all expenses incurred by FreedomRoads, LLC in connection therewith. On September 7, 2016, the board of directors of CWGS, LLC declared a $1.6 million distribution, representing the final net settlement amount under the Transition Services Agreement, which was paid on the same day. See also Note 7 — Long‑Term Debt for private placement of securities (Enterprise Notes). Other Transactions Cumulus Media Inc. (“Cumulus Media”) has provided radio advertising for the Company through Cumulus Media’s subsidiary, Westwood One, Inc. Crestview Partners II GP, L.P., an affiliate of CVRV, is the beneficial owner of Cumulus Media’s Class A common stock, according to Crestview Partners II GP, L.P.’s most recently filed Schedule 13D amendment with respect to the company. For the years ended December 31, 2015 and 2014, the Company paid Cumulus Media $0.6 million and $1.3 million, respectively, for the aforementioned advertising services. The Company did not use the advertising services in 2016. On July 1, 2010, Camping World and Adams Outdoor Advertising Marketing Company (Adams Outdoor), an entity controlled by Stephen Adams, entered into an agreement pursuant to which Camping World has the right to use Adams Outdoors’ outdoor advertising space at cost on billboards that become available because the billboards would otherwise be vacant. Camping World made a deposit of $1.0 million with Adams Outdoor in an account controlled by Adams Outdoor on July 1, 2010 and as vacant billboards are utilized by Camping World, the usage cost is applied against the deposit. No vacant billboard space was used by Camping World. In December 2015, the agreement was assigned to AGI Holding Corp., an entity controlled by Stephen Adams, in which he has a 100% economic interest, and the Company distributed the $1.0 million deposit in the form of a non‑cash distribution. The Company does business with certain companies in which Mr. Lemonis has a direct or indirect material interest. From time to time the Company has arranged for temporary staffing and consulting services from eNET IT Group, LLC (“eNET IT Group”). Mr. Lemonis has a 51% economic interest in eNET IT Group. The Company paid eNET IT Group approximately $0.1 million, $0.6 million, and $0.3 million for the years ended December 31, 2016, 2015, and 2014, respectively, primarily for third party temporary staffing arranged by eNET IT Group. eNET IT Group, in turn, paid the third party temporary staffing directly. Additionally, the Company purchased fixtures for interior store sets at the Company’s retail locations from Precise Graphix. Mr. Lemonis has a 33% economic interest in Precise Graphix and the Company paid Precise Graphix $3.3 million and $1.7 million for the years ended December 31, 2016 and 2015, respectively.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2016
Acquisitions
Acquisitions	14. Acquisitions In 2016, 2015 and 2014, a subsidiary of the Company acquired the assets or stock of multiple dealership locations that constituted business under accounting rules. The Company used its working capital, a combination of cash and floor plan financing and members’ capital contributions to complete the acquisitions. The acquired businesses were recorded at their estimated fair values under the purchase method of accounting. The balance of the purchase prices in excess of fair value of assets acquired was recorded as goodwill. In 2016, concurrent with the acquisition of dealership businesses, the Company purchased real properties for $15.3 million from related parties of the sellers. The Company sold a portion of the real properties to a third party in sale‑leaseback transactions. In 2015, concurrent with the acquisition of dealership businesses, the Company purchased real properties for $17.0 million from related parties of the sellers. The Company sold a portion of the real properties to a third party in sale‑leaseback transactions. In 2014, the Company purchased real property of $3.8 million related to the acquisition of dealership assets. The real property was not sold by the Company. In 2013, concurrent with the acquisition of dealership assets, the Company purchased real properties for $13.6 million from related parties of the sellers. The Company immediately sold the real properties to a third party in sale‑leaseback transactions, as further described in Note 12 — Commitments and Contingencies. A summary of the purchase price allocations for the acquisitions consists of the following: ($ in thousands) 2016 2015 2014 Assets (liabilities) acquired (assumed) at fair value: Accounts receivable $ $ — $ — Inventory Property and equipment Intangibles — — Goodwill Security deposits — — Other assets — Customer deposits — Accounts payable — Accrued expenses — Purchase price Purchase price holdback included in other long-term liabilities — — Inventory purchases financed via floor plan Cash payment net of holdback and floor plan financing $ $ $ The basis for tax purposes of acquired goodwill for the years ended December 31, 2016, 2015, and 2014 was $40.6 million, $22.7 million, and $4.4 million, respectively. Included in the 2016 Consolidated Financial results is $75.1 million of revenue and $2.7 million of pre‑tax income of these dealership businesses purchased in 2016 from the applicable acquisition dates.

Exit Activities

Exit Activities	12 Months Ended
	Dec. 31, 2016
Exit Activities
Exit Activities	15. Exit Activities The Company closed certain retail locations. The Company remains obligated under the terms of these leases for rent and other costs associated with these leases, and has no plan to occupy them in the future. In accordance with ASC 420, Accounting for Costs Associated with Exit or Disposal Activities , the Company recorded a charge to rent expense to recognize the costs of exiting the space. The liability was equal to the fair value of rent less the fair value of the amount of rent received by the Company from a tenant under a sublease over the remainder of the lease terms, which expire on various dates through 2032. The change in the estimated fair value of these amounts was recognized in income as part of income from operations. The current portion of the liability was $0.3 million, and $0.4 million as of December 31, 2016 and 2015, respectively, and is included in other current liabilities. The liability outstanding was $2.8 million and $2.0 million as of December 31, 2016 and 2015, respectively. The total of minimum rental payments to be received in the future under noncancelable subleases was $7.4 million as of December 31, 2016.

Statement of Cash Flows

Statement of Cash Flows	12 Months Ended
	Dec. 31, 2016
Statement of Cash Flows
Statement of Cash Flows	16. Statements of Cash Flows Supplemental disclosures of cash flow information for the years ended December 31, are as follows (in thousands): 2016 2015 2014 Cash paid during the year for: Interest $ $ $ Income taxes The Company entered into the following non‑cash investing and financing transactions: 2016: The Company established $19.2 million of liabilities under the Tax Receivable Agreement. The Company assumed $0.2 million of customer deposits and paid $1.4 million in connection with the acquisition of five consumer shows from M & P Productions, Inc. Landlords paid for tenant improvements of $0.7 million on behalf of the Company. The Company assigned its equity interest in AutoMatch USA, LLC, an indirect wholly-owned subsidiary of the Company, in the form of a $38.8 million non-cash distribution (See Note 13 — Related Party Transactions). Included in the non-cash distribution were contracts in transit of $1.0 million, accounts receivable of $0.3 million, inventories of $20.3 million, property and equipment of $17.1 million, and prepaid expenses and other assets of $0.1 million. The Company acquired equipment through third party capital lease arrangements totaling $2.0 million. In the first quarter of 2016, the Company derecognized $15.4 million of fixed assets and right to use liabilities for two leases that qualified as operating leases after completion of construction in 2016. In the third quarter of 2016, the Company derecognized $4.6 million of fixed assets and $4.7 million of right to use liabilities for the Company’s lease that qualified as an operating lease after the reduction in lease deposits to less than two month’s rent. FreedomRoads acquired the assets of RV dealership groups comprised of six locations for an aggregate purchase price of approximately $75.8 million plus real property of $15.3 million (see Note 14 — Acquisitions). The purchase was funded through $28.9 million of borrowings under the Floor Plan Facility and the balance through a capital contribution provided by the net proceeds of the incremental debt issuance in December 2015 under the Company’s Previous Senior Secured Credit Facilities. The Company acquired the assets of a wholesale parts dealer for $1.4 million, comprised of inventory of $1.2 million, intangible assets of $1.3 million, receivables of $1.0 million, prepaid expenses of $0.1 million, and accrued liabilities of $2.2 million. 2015 The Company distributed a prepaid marketing deposit with Adams Outdoor Advertising Marketing Company in the form of a non‑cash $1.0 million distribution. The Company distributed a receivable due to CWGS Holding, LLC in the form of a non‑cash $0.9 million distribution. Certain real estate lease agreements were capitalized in accordance with ASC 840 — Leases. The value of the real property, other than land of $50.6 million, was capitalized as a right to use asset with a corresponding $50.6 million included as a right to use liability. The Company derecognized $5.4 million of fixed assets and right to use lease liabilities for two leases that qualified as operating leases after completion of construction in 2015. The Company modified the terms of certain leases in the fourth quarter of 2015. As a result of the modifications, thirty of these leases met the requirements to be reported as operating leases and therefore the right to use assets and corresponding liabilities were derecognized. This derecognition resulted in the removal of $122.4 million of right to use assets, and $127.0 million of right to use liabilities, resulting in a $4.6 million deferred gain. 2014 FreedomRoads entered into capital lease arrangements totaling $0.2 million. On September 30, 2014, CVRV exercised its option and delivered the Series B Note to the Company for cancellation in exchange for the equity interest. Upon surrender and cancellation of the $70.0 million Series B Note, the remaining unamortized premium of $3.4 million was written off to Members’ Deficit. Certain real estate lease agreements were capitalized in accordance with ASC 840 — Leases. The value of the real property, other than land of $35.9 million, was capitalized as a right to use asset with a corresponding $35.9 million included as a right to use liability. The Company derecognized $8.2 million of right to use assets and right to use liabilities for five leases that qualified as operating leases after completion of construction in 2014.

Benefit Plan

Benefit Plan	12 Months Ended
	Dec. 31, 2016
Benefit Plan
Benefit Plan	17. Benefit Plan The Freedom Roads 401(k) Defined Contribution Plan (“FreedomRewards 401(k) Plan”) is qualified under Sections 401(a) and 401(k) of the Internal Revenue Service Code of 1986, as amended. Effective January 1, 2012, the GSE 401(k) Plan was merged with the FreedomRewards 401(k) Plan. Effective January 1, 2007, Camping World elected to begin participating in the FreedomRewards 401(k) Plan. All employees over age 18, including the executive officers, are eligible to participate in the Freedom Rewards 401(k) Plan. Any favorable vesting was grandfathered for any affected participants pursuant to FreedomRewards 401(k) Plan Amendment No. 3 signed December 15, 2011, and effective January 1, 2012. Non‑highly compensated employees may defer up to 75% of their eligible compensation up to the Internal Revenue Service limits. Highly compensated employees may defer up to 15% of their eligible compensation up to the Internal Revenue Service limits. In 2016, 2015 and 2014 the Company expensed $0.9 million, $1.0 million, and $0.9 million, respectively, for its contribution to the FreedomRewards 401(k) Plan, which were paid in the following year.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2016
Stockholders' Equity
Stockholders' Equity	18. Stockholders’ Equity Reorganization Transactions In connection with the IPO on October 6, 2016, the Company completed the following Reorganization Transactions: · The Company amended and restated its certificate of incorporation (see “Amendment and Restatement of Certificate of Incorporation” below); · CWGS, LLC amended and restated the limited liability company agreement of CWGS, LLC (the “LLC Agreement”) (see “CWGS, LLC Recapitalization” below); and · The Company acquired, by merger, an entity that was owned by former indirect members of CWGS, LLC (the “Former Equity Owners”), for which the Company issued 7,063,716 shares of Class A common stock as merger consideration (the “CWH BR Merger”). The only significant asset held by the merged entity prior to the CWH BR Merger was 7,063,716 common units of CWGS, LLC and a corresponding number of shares of CWH Class B common stock. Upon consummation of the CWH BR Merger, the Company canceled the 7,063,716 shares of Class B common stock and recognized the 7,063,716 of common units of CWGS, LLC at carrying value, as the CWH BR Merger was considered to be a transaction between entities under common control. Following the completion of the Reorganization Transactions and IPO, CWH owned 22.6% of CWGS, LLC. The remaining 77.4% of CWGS, LLC was held by the “Continuing Equity Owners,” whom the Company defines as collectively, ML Acquisition Company, a Delaware limited liability company, indirectly owned by each of Stephen Adams and the Company’s Chairman and Chief Executive Officer, Marcus Lemonis ("ML Acquisition”), funds controlled by Crestview Partners II GP, L.P. and, collectively, the Company’s named executive officers (excluding Marcus Lemonis), Andris A. Baltins and K. Dillon Schickli, who are members of the Company’s board of directors, and certain other current and former non-executive employees and former directors, in each case, who held profit units in CWGS, LLC pursuant to CWGS, LLC’s equity incentive plan that was in existence prior to the Company’s IPO and who received common units of CWGS, LLC in exchange for their profit units in connection with the Reorganization Transactions (collectively, the “Former Profit Unit Holders”) and each of their permitted transferees that own common units in CWGS, LLC and who may redeem at each of their options their common units for, at the Company’s election (determined solely by the Company’s independent directors (within the meaning of the rules of the New York Stock Exchange) who are disinterested), cash or shares of the Company’s Class A common stock. As a result of the Reorganization Transactions, CWH became the sole managing member of CWGS, LLC and, although CWH had a minority economic interest in CWGS, LLC, CWH had the sole voting power in, and controlled the management of, CWGS, LLC. Accordingly, the Company consolidated the financial results of CWGS, LLC and reported a non-controlling interest in its consolidated financial statements. As the Reorganization Transactions are considered transactions between entities under common control, the financial statements for periods prior to the IPO and Reorganization Transactions have been adjusted to combine the previously separate entities for presentation purposes. Amendment and Restatement of Certificate of Incorporation On October 6, 2016, the Company amended and restated its certificate of incorporation to, among other things, provide for the (i) authorization of 250,000,000 shares of Class A common stock with a par value of $0.01 per share; (ii) authorization of 75,000,000 shares of Class B common stock with a par value of $0.0001 per share; (iii) authorization of one share of Class C common stock with a par value of $0.0001 per share; (iv) authorization of 20,000,000 shares of undesignated preferred stock that may be issued from time to time by the Company’s Board of Directors in one or more series; and (v) establishment of a classified board of directors, divided into three classes, each of whose members will serve for staggered three -year terms. Each share of the Company’s Class A common stock and Class B common stock entitles its holders to one vote per share on all matters presented to the Company’s stockholders generally; provided that, for as long as ML Acquisition Company, LLC, a Delaware limited liability company, indirectly owned by each of Stephen Adams and the Company’s Chairman and Chief Executive Officer, Marcus Lemonis, and its permitted transferees of common units (collectively, the “ML Related Parties”), directly or indirectly, beneficially own in the aggregate 27.5% or more of all of the outstanding common units of CWGS, LLC, the shares of Class B common stock held by the ML Related Parties will entitle the ML Related Parties to the number of votes necessary such that the ML Related Parties, in the aggregate, cast 47% of the total votes eligible to be cast by all of the Company’s stockholders on all matters presented to a vote of the Company’s stockholders generally. Additionally, the one share of Class C common stock entitles its holder to the number of votes necessary such that the holder casts 5% of the total votes eligible to be cast by all of the Company’s stockholders on all matters presented to a vote of the Company’s stockholders generally. The one share of Class C common stock is owned by ML RV Group, LLC, a Delaware limited liability company, wholly owned by the Company’s Chairman and Chief Executive Officer, Marcus Lemonis. Holders of the Company’s Class B and Class C common stock are not entitled to receive dividends and will not be entitled to receive any distributions upon the liquidation, dissolution or winding up of the Company. Shares of Class B common stock may only be issued to the extent necessary to maintain the one-to-one ratio between the number of common units of CWGS, LLC held by funds controlled by Crestview Partners II GP, L.P. and the ML Related Parties (the “Class B Common Owners”) and the number of shares of Class B common stock held by the Class B Common Owners. Shares of Class B common stock are transferable only together with an equal number of common units of CWGS, LLC. Only permitted transferees of common units held by the Class B Common Owners will be permitted transferees of Class B common stock. Shares of Class B common stock will be canceled on a one-for-one basis upon the redemption or exchange any of the outstanding common units of CWGS, LLC held by the Class B Common Owners. Upon the occurrence of certain change in control events, the Class C common stock shall no longer have any voting rights, such share of the Company’s Class C common stock will be cancelled for no consideration and will be retired, and the Company will not reissue such share of Class C common stock. The Company must, at all times, maintain a one-to-one ratio between the number of outstanding shares of Class A common stock and the number of common units of CWGS, LLC owned by CWH (subject to certain exceptions for treasury shares and shares underlying certain convertible or exchangeable securities). Initial Public Offering On October 13, 2016, the Company completed an IPO of 11,363,636 shares of the Company’s Class A common stock at a public offering price of $22.00 per share. The Company received $233.4 million in proceeds, net of underwriting discounts and commissions, which were used to purchase 11,363,636 newly-issued common units from CWGS, LLC at a price per unit equal to the initial public offering price per share of Class A common stock in the IPO less underwriting discounts and commissions. In addition, on November 4, 2016, the underwriters exercised their option, in part, to purchase an additional 508,564 shares of Class A common stock. On November 9, 2016, the Company closed on the purchase of the additional 508,564 shares of Class A common stock and received $10.4 million in additional proceeds, net of underwriting discounts and commissions, which were used to purchase 508,564 newly-issued common units from CWGS, LLC at a price per unit equal to the initial public offering price per share of Class A common stock in the IPO less underwriting discounts and commissions. Immediately following the completion of the IPO and the underwriters’ exercise of their option to purchase additional shares of Class A common stock, there were 62,002,729 shares of Class B common stock outstanding, one share of Class C common stock outstanding, and 18,935,916 shares of Class A common stock outstanding, comprised of 11,872,200 shares issued as part of the IPO and the underwriters’ exercise of their option to purchase additional shares of Class A common stock and 7,063,716 shares issued in connection with the CWH BR Merger described above. CWGS, LLC Recapitalization On October 6, 2016, CWGS, LLC amended and restated the LLC Agreement (the “Recapitalization”) to, among other things, (i) provide for a new single class of common membership interests in CWGS, LLC, the common units, and (ii) exchange all of the then-existing membership interests of ML Acquisition, funds controlled by Crestview Partners II GP, L.P. and the Former Profit Unit Holders (collectively, the “Original Equity Owners”) for common units of CWGS, LLC. The LLC Agreement also provides that the Continuing Equity Owners may from time to time at each of their options require CWGS, LLC to redeem all or a portion of their common units in exchange for, at the Company’s election (determined solely by the Company’s independent directors (within the meaning of the rules of the New York Stock Exchange (the “NYSE”) who are disinterested), shares of the Company’s Class A common stock on a one-for-one basis or a cash payment equal to a volume weighted average market price of one share of Class A common stock for each common unit redeemed, in each case in accordance with the terms of the CWGS LLC Agreement; provided that, at the Company’s election (determined solely by the Company’s independent directors (within the meaning of the rules of the NYSE) who are disinterested), the Company may effect a direct exchange of such Class A common stock or such cash, as applicable, for such common units. The Continuing Equity Owners may exercise such redemption right for as long as their common units remain outstanding. Simultaneously with the payment of cash or shares of Class A common stock, as applicable, in connection with a redemption or exchange of common units pursuant to the terms of the CWGS LLC Agreement, a number of shares of the Company’s Class B common stock registered in the name of the redeeming or exchanging Class B Common Owners will be cancelled for no consideration on a one-for-one basis with the number of common units so redeemed or exchanged. The amendment also requires that CWGS, LLC, at all times, maintain (i) a one-to-one ratio between the number of outstanding shares of Class A common stock and the number of common units of CWGS, LLC owned by CWH and (ii) a one-to-one ratio between the number of shares of Class B common stock owned by the Class B Common Owners and the number of common units of CWGS, LLC owned by the Class B Common Owners.

Non-Controlling Interests

Non-Controlling Interests	12 Months Ended
	Dec. 31, 2016
Non-controlling Interest
Non-Controlling Interests	19. Non-Controlling Interests In connection with the Reorganization Transactions described in Note 18 — Stockholders’ Equity, CWH became the sole managing member of CWGS, LLC and, as a result, consolidate the financial results of CWGS, LLC. The Company reports a non-controlling interest representing the common units of CWGS, LLC held by Continuing Equity Owners. Changes in the CWH’s ownership interest in CWGS, LLC while CWH retains its controlling interest in CWGS, LLC will be accounted for as equity transactions. As such, future redemptions or direct exchanges of common units of CWGS, LLC by the Continuing Equity Owners will result in a change in ownership and reduce or increase the amount recorded as non-controlling interest and increase or decrease additional paid-in capital when CWGS, LLC as positive or negative net assets, respectively. At December, 31, 2016, CWGS, LLC had negative net assets which resulted in a negative non-controlling interest amount on the Consolidated Balance Sheet. The Company used the net proceeds from its IPO to purchase 11,872,200 newly-issued common units of CWGS, LLC. Additionally, in connection with the Reorganization Transactions, the Company acquired 7,063,716 common units of CWGS, LLC. As of December 31, 2016, there were 83,771,830 LLC Interests outstanding, of which CWH owned 18,935,916 common units of CWGS, LLC, representing a 22.6% ownership interest in CWGS, LLC. The following table summarizes the effects of changes in ownership in CWGS, LLC on the Company’s equity: Year Ended December 31, ($ in thousands) 2016 2015 2014 Net income attributable to Camping World Holdings, Inc. $ $ $ Transfers to non-controlling interests: Decrease in additional paid-in capital as a result of the Reorganization Transactions — — Decrease in additional paid-in capital as a result of the purchase of common units from CWGS, LLC (1) — — Change from net income attributable to Camping World Holdings, Inc. and transfers to non-controlling interests $ $ $

Equity-based Compensation Plans

Equity-based Compensation Plans	12 Months Ended
	Dec. 31, 2016
Equity-based Compensation Plans
Equity-based Compensation Plans	20. Equity-based Compensation Plans The following table summarizes the equity-based compensation that has been included in the following line items within the consolidated statements of operations during: Year Ended December 31, ($ in thousands) 2016 2015 2014 Equity-based compensation expense: Costs applicable to revenue $ $ — $ — Selling, general, and administrative — — Total equity-based compensation expense $ $ — $ — Total income tax benefit recognized related to equity-based compensation $ — $ — $ — CWGS Enterprises, LLC Equity Incentive Plan In 2012, CWGS, LLC entered into the CWGS Enterprises, LLC Equity Incentive Plan (the “CWGS LLC Plan”), as defined in CWGS, LLC’s Limited Liability Agreement, with certain employees and directors of the Company, who, in the judgment of the Company, had played a meaningful role in enhancing the value of CWGS, LLC. Such employees and directors had been granted awards (“Profits Units”) under the CWGS LLC Plan which entitled them to receive, in aggregate, up to 10% of the increase in the value of the Company above certain thresholds, if any, realized in such sale of CWGS, LLC or other liquidity event. CWGS, LLC began making grants of these Profits Units pursuant to the CWGS LLC Plan effective for the year ended December 31, 2012. Generally, so long as the Unit holder is employed or remains a member of the board of managers of the Company, these Profits Units vest over time (generally a four‑year period), but do not become exercisable or fully vested until a liquidity event occurs. All unvested Profits Units become exercisable and fully vested upon a liquidity event. Any unvested Profits Units are forfeited if the Unit holder ceases to be an employee of the Company or remain on the board of managers of the Company. As of December 31, 2015, there were 15,556 Profits Units authorized, issued and outstanding pursuant to the CWGS LLC Plan. During the years ended December 31, 2015 and 2014, no equity-based compensation expense was recorded relating to the Profits Units because the Company determined, as of each period end, it was not probable that a sale of CWGS, LLC or other liquidity event would occur. On April 4, 2016, CWGS, LLC's board of directors approved a Profits Units redemption by Mr. Lemonis in the amount of 1,763 Profits Units for $17.0 million. CWGS, LLC remitted the proceeds to Mr. Lemonis through a cash distribution in the amount of $13.0 million and a $4.0 million note. The note bore interest at 3.00% per annum and had scheduled principal amortization of (i) $1.5 million, plus all accrued and unpaid interest on May 1, 2016, (ii) $1.5 million, plus all accrued and unpaid interest on June 1, 2016 and (iii) all outstanding principal, plus all accrued and unpaid interest on July 1, 2016. The largest aggregate amount of principal outstanding since the note was issued on April 4, 2016 was $4.0 million and the Company paid $6,250 of interest on the note prior to its repayment in full in April 2016. The Company recorded an equity-based compensation charge of $60,000 relating to this redemption during the year ended December 31, 2016 based on the grant date fair value. On October 6, 2016, in connection with the Company’s IPO, the remaining 13,793 outstanding Profits Units fully vested and converted to 5,877,513 common units of CWGS, LLC. These common units are exchangeable for shares of the Company’s Class A common stock on a one-to-one basis. The Company recorded an equity-based compensation charge of $889,000 relating to this conversion during the year ended December 31, 2016 based on the grant date fair value. The weighted-average grant date fair value of Profits Units granted during the year ended December 31, 2015 was $317 per unit. No Profits Units were granted during the years ended December 31, 2016 and 2014. As of December 31, 2016, there were no Profits Units outstanding and no further Profits Units were available for grant under the CWGS LLC Plan. 2016 Incentive Award Plan In October 2016, the Company adopted the 2016 Incentive Award Plan (the “2016 Plan”) under which the Company may grant up to 14,693,518 stock options, restricted stock units, and other types of equity-based awards to employees, consultants or non-employee directors of the Company. The Company does not intend to use cash to settle any of its equity-based awards. Upon the exercise of a stock option award, the vesting of a restricted stock unit or the award of common stock or restricted stock, shares of Class A common stock are issued from authorized but unissued shares. Stock options and restricted stock units granted to employees vest in equal annual installments over a four-year period and are canceled upon termination of employment. Stock options are granted with an exercise price equal to the fair market value of the Company’s Class A common stock on the date of grant. Stock option grants expire after ten years unless canceled earlier due to termination of employment. Restricted stock units granted to non-employee directors vest in equal annual installments over a three-year period subject to voluntary deferral elections made at the time of grant. The fair value of the stock option awards was determined on the grant date using the Black-Scholes valuation model based on the following weighted-average assumptions for the year ended December, 31: 2016 Expected term (years) (1) Expected volatility (2) % Risk-free interest rate (3) % Dividend yield (4) % (1) Expected term represents the estimated period of time until an award is exercised and was determined using the simplified method. (2) Expected volatility is based on the historical volatility of a selected peer group over a period equivalent to the expected term. (3) The risk-free rate is an interpolation of yields on U.S. Treasury securities with maturities equivalent to the expected term. (4) The dividend yield was based on the Company’s expectation at the time of grant to declare quarterly dividends of $0.06 per share. A summary of stock option activity for the year ended December 31, 2016 is as follows: Weighted Average Aggregate Remaining Stock Options Weighted Average Intrinsic Value Contractual Life (in thousands) Exercise Price (in thousands) (years) Outstanding at December 31, 2015 — Granted $ Exercised — Forfeited $ Cancelled — Outstanding at December 31, 2016 $ $ Options exercisable at December 31, 2016 — The weighted-average grant date fair value of stock options granted during the year ended December 31, 2016 was $7.24. The Company did not grant any stock options during the years ended December 31, 2015 and 2014. There were no exercises of stock options during the years ended December 31, 2016, 2015, and 2014. At December 31, 2016, total unrecognized compensation cost related to unvested stock options was $7.6 million and is expected to be recognized over a weighted-average period of 3.8 years. A summary of restricted stock unit activity for the year ended December 31, 2016 is as follows: Restricted Weighted Average Stock Units Grant Date (in thousands) Fair Value Outstanding at December 31, 2015 — Granted $ Exercised — Forfeited $ Cancelled — Outstanding at December 31, 2016 $ The weighted-average grant date fair value of restricted stock units granted during the year ended December 31, 2016 was $21.37. The Company did not grant any restricted stock units during the years ended December 31, 2015 and 2014. There were no restricted stock units that vested during the years ended December 31, 2016, 2015, and 2014. At December 31, 2016, the intrinsic value of unvested restricted stock units was $4.7 million. At December 31, 2016, total unrecognized compensation cost related to unvested restricted stock units was $2.9 million and is expected to be recognized over a weighted-average period of 3.6 years.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2016
Earnings Per Share
Earnings Per Share	21. Earnings Per Share Basic and Diluted Earnings Per Share Basic earnings per share of Class A common stock is computed by dividing net income available to Camping World Holdings, Inc. by the weighted-average number of shares of Class A common stock outstanding during the period. Diluted earnings per share of Class A common stock is computed by dividing net income available to Camping World Holdings, Inc. by the weighted-average number of shares of Class A common stock outstanding adjusted to give effect to potentially dilutive securities. As described in Note 18 — Stockholders’ Equity, on October 6, 2016, the LLC Agreement was amended and restated to, among other things, (i) provide for a new single class of common membership interests, the common units of CWGS, LLC, and (ii) exchange all of the then-existing membership interests of the Original Equity Owners for common units of CWGS, LLC. This Recapitalization changed the relative membership rights of the Original Equity Owners such that retroactive application of the Recapitalization to periods prior to the IPO for the purposes of calculating earnings per share would not be appropriate. Prior to the IPO, the CWGS, LLC membership structure included membership units, preferred units, and Profits Units. During the period of September 30, 2014 to October 6, 2016, there were 70,000 preferred units outstanding that received a total preferred return of $2.1 million per quarter in addition to their proportionate share of distributions made to all members of CWGS, LLC. The Company analyzed the calculation of earnings per unit for periods prior to the IPO using the two-class method and determined that it resulted in values that would not be meaningful to the users of these consolidated financial statements. Therefore, earnings per share information has not been presented for periods prior to the IPO on October 6, 2016. The basic and diluted earnings per share period for the year ended December 31, 2016 represents only the period of October 6, 2016 to December 31, 2016. The following table sets forth reconciliations of the numerators and denominators used to compute basic and diluted earnings per share of Class A common stock: Year Ended December 31, 2016 Numerator: Net income $ Less: net income attributable to non-controlling interests Net income attributable to Camping World Holdings, Inc. — basic Add: Reallocation of net income attributable to non-controlling interests from the assumed exchange of common units of CWGS, LLC for Class A common stock Net income attributable to Camping World Holdings, Inc. — diluted $ Denominator: Weighted-average shares of Class A common stock outstanding — basic Dilutive common units of CWGS, LLC that are convertible into Class A common stock Weighted-average shares of Class A common stock outstanding — diluted Earnings per share of Class A common stock — basic $ Earnings per share of Class A common stock — diluted $ For the year ended December 31, 2016, 1.1 million stock options and 0.1 million restricted stock units were excluded from the weighted-average in the computation of diluted earnings per share of Class A common stock because the effect would have been anti-dilutive. Shares of the Company’s Class B and Class C common stock do not share in the earnings or losses of the Company and are therefore not participating securities. As such, separate presentation of basic and diluted earnings per share of Class B or Class C common stock under the two-class method has not been presented. Basic and Diluted Pro Forma Earnings Per Share The pro forma financial information presented has been computed to reflect income attributable to non-controlling interests and income tax expense assuming the Company’s IPO and the Recapitalization occurred on January 1, 2016. To calculate the income tax expense, an effective tax rate of 38.5% was applied to the taxable income of the pass-through entities that would have been attributed to the CWH if the IPO and Recapitalization had occurred on January 1, 2016. The following table sets forth reconciliations of the numerators and denominators used to compute pro forma basic and diluted earnings per share of Class A common stock: Year Ended December 31, 2016 Numerator: Net income $ Less: pro forma net income attributable to non-controlling interests Less: pro forma income tax expense Pro forma net income attributable to Camping World Holdings, Inc. — basic Add: Reallocation of pro forma net income attributable to non-controlling interests from the assumed exchange of common units of CWGS, LLC for Class A common stock Pro forma net income attributable to Camping World Holdings, Inc. — diluted $ Denominator: Weighted-average shares of Class A common stock outstanding — basic Dilutive restricted stock units Dilutive common units of CWGS, LLC that are convertible into Class A common stock Weighted-average shares of Class A common stock outstanding — diluted Earnings per share of Class A common stock — basic $ Earnings per share of Class A common stock — diluted $ For the year ended December 31, 2016, 0.3 million stock options were excluded from the weighted-average in the computation of pro forma diluted earnings per share of Class A common stock because the effect would have been anti-dilutive.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2016
Segment Information
Segment Information	22. Segment Information At December 31, 2016, 2015, and 2014, the Company had two reportable segments: (1) Consumer Services and Plans, and (2) Retail. The Company’s Consumer Services and Plans segment is comprised of emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co‑branded credit cards; vehicle financing and refinancing; membership clubs; and publications and directories. The Company’s Retail segment is comprised of new vehicles; used vehicles; parts and service; and finance and insurance. Corporate and other is comprised of the corporate operations of the Company. The reportable segments identified above are the business activities of the Company for which discrete financial information is available and for which operating results are regularly reviewed by the Company’s chief operating decision maker to allocate resources and assess performance. The Company’s chief operating decision maker is its Chief Executive Officer. Reportable segment revenue, segment income, floor plan interest expense, depreciation and amortization, other interest expense, net, total assets, and capital expenditures are as follows: Year Ended December 31, ($ in thousands) 2016 2015 2014 Revenue: Consumer Services and Plans $ $ $ Retail (1) Total consolidated revenue $ $ $ (1) The Company has adjusted certain prior period amounts for the correction of an immaterial error. See Note 1 — Summary of Significant Accounting Policies — Revisions to Prior Periods. Year Ended December 31, ($ in thousands) 2016 2015 2014 Segment income (1): Consumer Services and Plans $ $ $ Retail (2) Total segment income Corporate & other Depreciation and amortization Other interest expense, net Loss and expense on debt restructure — Other income (expense), net — Income from operations before income taxes $ $ $ (1) Segment income is defined as income from operations before depreciation and amortization plus floor plan interest expense. (2) The Company has adjusted certain prior period amounts for the correction of an immaterial error. For the year ended December 31, 2014, segment income for the Company’s Retail segment was originally reported as $129.6 million. After the correction of the immaterial error of $1.5 million, segment income for the Company’s Retail segment was $128.1 million for the year ended December 31, 2014. See Note 1 — Summary of Significant Accounting Policies — Revisions to Prior Periods. Year Ended December 31, ($ in thousands) 2016 2015 2014 Depreciation and amortization: Consumer Services and Plans $ $ $ Retail Total Corporate & other — Total depreciation and amortization $ $ $ Years ended December 31, 2016 2015 2014 Interest expense, net: Consumer Services and Plans $ $ $ Retail Total Corporate & other Total interest expense $ $ $ As of December 31, 2016 2015 2014 Assets: Consumer Services and Plans $ $ $ Retail (1) Total Corporate & other Total assets $ $ $ (1) The Company has adjusted certain prior period amounts for the correction of an immaterial error. Retail segment assets decreased $5.9 million as of December 31, 2015 and 2014. See Note 1 — Summary of Significant Accounting Policies — Revisions to Prior Periods. Year Ended December 31, 2016 2015 2014 Capital expenditures: Consumer Services and Plans $ $ $ Retail Total capital expenditures $ $ $

Quarterly Financial Information

Quarterly Financial Information (Unaudited)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)	23. Quarterly Financial Information (Unaudited) Three Months Ended December 31, September 30, June 30, March 31, December 31, September 30, June 30, March 31, ($ in thousands) 2016 2016 2016 2016 2015 2015 2015 2015 Revenue (1) Income from operations (1) Net income (1) Net income attributable to Camping World Holdings, Inc. (1) Earnings per share of Class A common stock (2): Basic $ Diluted $ (1) The Company has adjusted certain prior period amounts for the correction of an immaterial error. See reconciliation below and Note 1 — Summary of Significant Accounting Policies — Revisions to Prior Periods. (2) Basic and diluted earnings per Class A common stock is applicable only for periods after the Company’s IPO. See Note 21 — Earnings Per Share. As a result of the immaterial error discussed in Note 1 — Summary of Significant Accounting Policies — Revisions to Prior Periods, revenue, costs applicable to revenue, selling, general and administrative expenses, and floor plan interest expense within the retail segment were each corrected as follows: Three Months Ended September 30, June 30, March 31, December 31, September 30, June 30, March 31, ($ in thousands) 2016 2016 2016 2015 2015 2015 2015 Revenue - new vehicles - as originally reported (1) $ $ $ $ $ $ $ Revenue - new vehicles - adjustment (1) Revenue - new vehicles - as corrected (1) Revenue - used vehicles - as originally reported (1) Revenue - used vehicles - adjustment (1) Revenue - used vehicles - as corrected (1) Revenue - parts, service and other - as originally reported (1) Revenue - parts, service and other - adjustment (1) Revenue - parts, service and other - as corrected (1) Revenue - finance and insurance, net - as originally reported (1) Revenue - finance and insurance, net - adjustment (1) Revenue - finance and insurance, net - as corrected (1) Total revenue - as originally reported (1) Total revenue - adjustment (1) Total revenue - as corrected (1) Costs applicable to revenues - new vehicles - as originally reported (1) Costs applicable to revenues - new vehicles - adjustment (1) Costs applicable to revenues - new vehicles - as corrected (1) Costs applicable to revenues - used vehicles - as originally reported (1) Costs applicable to revenues - used vehicles - adjustment (1) Costs applicable to revenues - used vehicles - as corrected (1) Costs applicable to revenues - parts, service and other - as originally reported (1) Costs applicable to revenues - parts, service and other - adjustment (1) Costs applicable to revenues - parts, service and other - as corrected (1) Selling, general and administrative expenses - as originally reported (1) Selling, general and administrative expenses - adjustment (1) Selling, general and administrative expenses - as corrected (1) Income from operations - as originally reported (1) Income from operations - adjustment (1) Income from operations - as corrected (1) Floor plan interest expense - as originally reported (1) Floor plan interest expense - adjustment (1) — — — — — — Floor plan interest expense - as corrected (1) Net income and net income attributable to Camping World Holdings, Inc. - as originally reported (1) Net income and net income attributable to Camping World Holdings, Inc. - adjustment (1) Net income and net income attributable to Camping World Holdings, Inc. - as corrected (1) (1) The Company has adjusted certain prior period amounts for the correction of an immaterial error. See Note 1 — Summary of Significant Accounting Policies — Revisions to Prior Periods. Additionally, as a result of these immaterial errors, inventories and members’ deficit on the consolidated balance sheets were each corrected as follows: As of September 30, June 30, March 31, December 31, September 30, June 30, March 31, ($ in thousands) 2016 2016 2016 2015 2015 2015 2015 Inventories - as originally reported (1) $ $ $ $ $ $ $ Inventories - adjustment (1) Inventories - as corrected (1) Other assets - as originally reported (1) Other assets - adjustment (1) — — — Other assets - as corrected (1) Members' deficit - as originally reported (1) Members' deficit - adjustment (1) Members' deficit - as corrected (1) (1) The Company has adjusted certain prior period amounts for the correction of an immaterial error. See Note 1 — Summary of Significant Accounting Policies — Revisions to Prior Periods.

Schedule I - Condensed Financia

Schedule I - Condensed Financial Information of Registrant	12 Months Ended
	Dec. 31, 2016
Schedule I - Condensed Financial Information of Registrant
Condensed Financial Information of Registrant	Schedule I: Condensed Financial Information of Registrant Camping World Holdings, Inc. Condensed Balance Sheet (Parent Company Only) (In Thousands Except Share Amounts) December 31, 2016 Assets Current assets: Cash and cash equivalents $ Total current assets Deferred tax asset Investment in subsidiaries Total assets $ Liabilities and stockholders' equity Current liabilities: Accrued liabilities $ Income tax payable Current portion of liabilities under tax receivable agreement Total current liabilities Liabilities under tax receivable agreement, net of current portion Total liabilities Commitments and contingencies — Stockholders' equity: Preferred stock, par value $0.01 per share – 20,000,000 shares authorized; none issued and outstanding as of December 31, 2016 — Class A common stock, par value $0.01 per share – 250,000,000 shares authorized; 18,935,916 issued and outstanding as of December 31, 2016 Class B common stock, par value $0.0001 per share – 75,000,000 shares authorized; 69,066,445 issued; and 62,002,729 outstanding as of December 31, 2016 Class C common stock, par value $0.0001 per share – one share authorized; one issued and outstanding as of December 31, 2016 — Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ See accompanying Notes to Condensed Financial Statements Schedule I: Condensed Financial Information of Registrant (continued) Camping World Holdings, Inc. Condensed Statement of Income (Parent Company Only) (In Thousands) Year Ended December 31, 2016 Revenue: Intercompany revenue $ Total revenue Operating expenses: Selling, general, and administrative Total operating expenses Income from operations — Equity in net income of subsidiaries Income before income taxes Income tax expense Net income $ See accompanying Notes to Condensed Financial Statements Schedule I: Condensed Financial Information of Registrant (continued) Camping World Holdings, Inc. Condensed Statement of Cash Flows (Parent Company Only) (In Thousands) Year Ended December 31, 2016 Operating activities Net income $ Adjustments to reconcile net income to net cash used in operating activities: Equity in net income of subsidiaries Deferred tax expense Change in assets and liabilities, net of acquisitions: Accrued expenses Income taxes payable Net cash used in operating activities Investing activities Purchases of LLC Interest from CWGS, LLC Distributions received from CWGS, LLC Net cash used in investing activities Financing activities Proceeds from issuance of Class A common stock sold in an initial public offering net of underwriter discounts and commissions Proceeds from issuance of Class B common stock Dividends paid to Class A common stockholders Net cash provided by financing activities Increase in cash Cash at beginning of year — Cash at end of the year $ See accompanying Notes to Condensed Financial Statements Schedule I: Condensed Financial Information of Registrant (continued) Camping World Holdings, Inc. Notes to Condensed Financial Statements (Parent Company Only) December 31, 2016 1. Organization Camping World Holdings, Inc. (the “Parent Company”) was formed on March 8, 2016 as a Delaware corporation and is a holding company with no direct operations. The Parent Company's assets consist primarily of cash and cash equivalents, its equity interest in CWGS Enterprises, LLC ("CWGS, LLC”), and certain deferred tax assets On October 13, 2016, the Parent Company completed an initial public offering ("IPO") of 11,872,200 shares of its Class A common stock at a public offering price of $22.00 per share, which includes 508,564 shares issued pursuant to the underwriters' over-allotment option on November 4, 2016. The Parent Company received $243.8 million in proceeds, net of underwriting discounts and commissions, which it used to purchase newly-issued common units from CWGS, LLC at a price per interest equal to the IPO price of its Class A common stock. The Parent Company's cash inflows are primarily from cash dividends or distributions and other transfers from CWGS, LLC. The amounts available to the Parent Company to fulfill cash commitments and pay cash dividends on its common stock are subject to certain restrictions in CWGS, LLC’s Senior Secured Credit Facilities. See Note 7 to the consolidated financial statements. 2. Basis of Presentation These condensed parent company financial statements should be read in conjunction with the consolidated financial statements of Camping World Holdings, Inc. and the accompanying notes thereto, included in this Annual Report on Form 10-K. For purposes of these condensed financial statements, the Parent Company's interest in CWGS, LLC is recorded based upon its proportionate share of CWGS, LLC's net assets (similar to presenting them on the equity method). The Parent Company is the sole managing member of CWGS, LLC, and pursuant to the Amended and Restated LLC Agreement of CWGS, LLC (the “LLC Agreement”), receives compensation in the form of reimbursements for all costs associated with being a public company. Intercompany revenue consists of these reimbursement payments and is recognized when the corresponding expense to which it relates is recognized. Certain intercompany balances presented in these condensed Parent Company financial statements are eliminated in the consolidated financial statements. $1.6 million and $3.4 million of intercompany revenue and equity in net income of subsidiaries, respectively, was eliminated in consolidation for the year ended December 31, 2016. Related party amounts that were not eliminated in the consolidated financial statements include the Parent Company's liabilities under the tax receivable agreement, which totaled $19.2 million as of December 31, 2016. 3. Commitments and Contingencies On October 6, 2016, the Parent Company entered into a tax receivable agreement with certain holders of common units in CWGS, LLC (the "Continuing Equity Owners") that provides for the payment by the Parent Company to the Continuing Equity Owners of 85% of the amount of any tax benefits that the Parent Company actually realizes, or in some cases are deemed to realize, as a result of certain transactions. See Note 10 to the consolidated financial statements for more information regarding the Parent Company's tax receivable agreement. As described in Note 10 to the consolidated financial statements, amounts payable under the tax receivable agreement are contingent upon, among other things, (i) generation of future taxable income of Camping World Holdings, Inc. over the term of the tax receivable agreement and (ii) future changes in tax laws. As of December 31, 2016, liabilities under the tax receivable agreement totaled $19.2 million.

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2016
Valuation and Qualifying Accounts
Valuation and Qualifying Accounts	Schedule II: Valuation and Qualifying Accounts Balance at Additions Charged Charges Balance Beginning Charged to to Other Utilized at End (In Thousands) of Period Expense (1) Accounts (2) (Write-offs) of Period Accounts receivable allowance (3): Year ended December 31, 2016 $ $ $ $ $ Year ended December 31, 2015 $ $ $ $ $ Year ended December 31, 2014 $ $ $ $ $ (1) Additions to allowance for doubtful accounts are charged to expense. (2) Additions to cancellations/returns allowances are credited against revenue. (3) Accounts receivable allowance includes the allowance for doubtful accounts and the allowance for cancellations/returns. Balance at Additions Charged Charges Balance Beginning Charged to to Other Utilized at End (In Thousands) of Period Expense Accounts (1) (Write-offs) of Period Noncurrent other assets allowance: Year ended December 31, 2016 $ $ — $ $ $ Year ended December 31, 2015 $ $ — $ $ $ Year ended December 31, 2014 $ — $ — $ $ $ (1) Additions to cancellations/returns allowances are credited against revenue. Tax Valuation Tax Valuation Allowance Allowance Balance at Charged to Credited to Balance Beginning Income Tax Income Tax at End (In Thousands) of Period Provision Provision of Period Valuation allowance for deferred tax assets: Year ended December 31, 2016 $ $ $ — $ Year ended December 31, 2015 $ $ $ — $ Year ended December 31, 2014 $ $ — $ $

Summary of Significant Accoun32

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Summary of Significant Accounting Policies
Principles of Consolidation and Basis of Presentation	Principles of Consolidation and Basis of Presentation The consolidated financial statements include the accounts of Camping World Holdings, Inc. (“CWH”) and its subsidiaries (collectively, the “Company”), and are presented in accordance with accounting principles generally accepted in the United States (“GAAP”). CWH was formed on March 8, 2016 as a Delaware corporation for the purpose of facilitating an initial public offering (the “IPO”) and other related transactions in order to carry on the business of CWGS Enterprises, LLC (“CWGS, LLC”). CWGS, LLC was formed in March 2011 when it received, through contribution from its then parent company, all of the membership interests of Affinity Group Holding, LLC and FreedomRoads Holding Company, LLC (“FreedomRoads”). The IPO and related reorganization transactions (the “Reorganization Transactions”) that occurred on October 6, 2016 (see Note 18 — Stockholders’ Equity for a discussion of these transactions) resulted in CWH as the sole managing member of CWGS, LLC, with CWH having sole voting power in and control of the management of CWGS, LLC. Despite its position as sole managing member of CWGS, LLC, CWH has a minority economic interest in CWGS, LLC. As of December 31, 2016, CWH owned 22.6% of CWGS, LLC. According, the Company consolidates the financial results of CWGS, LLC and reports a non-controlling interest in its consolidated financial statements. As the Reorganization Transactions, discussed in Note 18 — Stockholders’ Equity, are considered transactions between entities under common control, the financial statements for the periods prior to the IPO and related Reorganization Transactions have been adjusted to combine the previously separate entities for presentation purposes. All significant intercompany accounts and transactions of the Company and its subsidiaries have been eliminated in consolidation. Certain prior-period amounts have been reclassified to conform to the current period presentation. The Company does not have any components of other comprehensive income recorded within its consolidated financial statements, and, therefore, does not separately present a statement of comprehensive income in its consolidated financial statements.
Description of the Business	Description of the Business CWH is a holding company and operates through its subsidiaries. The operations of the Company consist of two primary businesses: (i) Consumer Services and Plans, and (ii) Retail. The Company provides consumer services and plans offerings through its Good Sam brand and the Company provides its retail offerings through its Camping World brand. Within the Consumer Services and Plans segment, the Company primarily derives revenue from the sale of the following offerings: emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co‑branded credit cards; vehicle financing and refinancing; club memberships; and publications and directories. Within the Retail segment, the Company primarily derives revenues from the sale of the following products: new vehicles; used vehicles; parts and service, including recreational vehicle (“RV”) accessories and supplies; and finance and insurance. The Company primarily operates in various regions throughout the United States and markets its products and services to RV owners and camping enthusiasts. At December 31, 2016, the Company operated 122 Camping World retail locations, of which 105 locations sell new and used RV’s, and offer financing, and other ancillary services, protection plans, and products for the RV purchaser.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates. In preparing these financial statements, management has made its best estimates and judgments of certain amounts included in the financial statements, giving due consideration to materiality. The Company bases its estimates and judgments on historical experience and other assumptions that management believes are reasonable. However, application of these accounting policies involves the exercise of judgment and use of assumptions as to future uncertainties and, as a result, actual results could differ materially from these estimates. The Company periodically evaluate estimates and assumptions used in the preparation of the financial statements and make changes on a prospective basis when adjustments are necessary. Significant estimates made in the accompanying Consolidated Financial Statements include certain assumptions related to accounts receivable, inventory, goodwill, intangible assets, long‑lived assets, assets held for sale, program cancellation reserves, and accruals related to self‑insurance programs, estimated tax liabilities and other liabilities.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all short‑term, highly liquid investments purchased with a maturity date of three months or less to be cash equivalents. The carrying amount approximates fair value because of the short‑term maturity of these instruments. Outstanding checks that are in excess of the cash balances at certain banks are included in accrued liabilities in the Consolidated Balance Sheets, and changes in the amounts are reflected in operating cash flows in the accompanying Consolidated Statement of Cash Flows.
Restricted Cash	Restricted Cash Restricted cash balances are pledged primarily in lieu of letters of credit. Restricted cash is expected to become available to the Company when the letters of credit are issued.
Contracts in Transit	Contracts in Transit Contracts in transit consist of amounts due from non-affiliated financing institutions on retail finance contracts from vehicle sales for the portion of the vehicle sales price financed by the Company’s customers
Concentration of Credit Risk	Concentration of Credit Risk The Company’s most significant industry concentration of credit risk is with financial institutions from which the Company has recorded receivables and contracts in transit. These financial institutions provide financing to Camping World’s customers for the purchase of a vehicle in the normal course of business. These receivables are short‑term in nature and are from various financial institutions located throughout the United States. The Company has cash deposited in various financial institutions that is in excess of the insurance limits provided by the Federal Deposit Insurance Corporation. The amount in excess of FDIC limits at December 31, 2016 and 2015 was approximately $119.0 million and $90.8 million, respectively. The Company is potentially subject to concentrations of credit risk in accounts receivable. Concentrations of credit risk with respect to accounts receivable are limited due to the large number of customers and their geographic dispersion.
Inventories, net	Inventories, net Retail inventories consist primarily of new and used recreational vehicles and pre-owned cars held for sale valued using the specific‑identification method and valued at the lower of cost or net realizable value. Cost includes purchase costs, reconditioning costs, dealer‑installed accessories, and freight. For vehicles accepted in trades, the cost is the fair value of such used vehicles at the time of the trade‑in. Parts and accessories are valued at the lower of cost or net realizable value. Retail parts, accessories, and other inventories primarily consist of retail travel and leisure specialty merchandise and are stated at lower of first‑in, first‑out cost or net realizable value.
Property and Equipment, net	Property and Equipment, net Property and equipment is recorded at historical cost, net of accumulated depreciation and amortization, and, if applicable, impairment charges. Depreciation of property and equipment is provided using the straight‑line method over the following estimated useful lives of the assets: Years Building and improvements Leasehold improvements 3 - 40 Furniture, fixtures and equipment 3-12 Rental vehicles Software 3-5 Leasehold improvements are amortized over the useful lives of the assets or the remaining term of the respective lease, whichever is shorter.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill is reviewed at least annually for impairment, and more often when impairment indicators are present (see Note 5 — Goodwill and Intangible Assets). Finite‑lived intangibles are recorded at cost, net of accumulated amortization and, if applicable, impairment charges. Finite‑lived intangible assets consist of membership customer lists with weighted‑average useful lives of approximately five years.
Long Lived Assets	Long‑Lived Assets Long‑lived assets included in property and equipment, net, including capitalized software costs to be held and used, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Impairment is recognized to the extent the sum of the discounted estimated future cash flows from the use of the asset is less than the carrying value. For the Company’s major software systems, such as its accounting and membership systems, the Company’s capitalized costs may include some internal or external costs to configure, install and test the software during the application development stage. The Company does not capitalize preliminary project costs, nor does it capitalize training, data conversion costs, maintenance or post‑development stage costs.
Self Insurance Program	Self‑Insurance Program Self‑insurance reserves represent amounts established as a result of insurance programs under which the Company self‑insures portions of the business risks. The Company carries substantial premium‑paid, traditional risk transfer insurance for various business risks. The Company self‑insures and establishes reserves for the retention on workers’ compensation insurance, general liability, automobile liability, professional errors and omission liability, and employee health claims. The self‑insured claims liability was approximately $11.3 million and $7.8 million at December 31, 2016 and 2015, respectively. The determination of such claims and expenses and the appropriateness of the related liability are continually reviewed and updated. The self‑insurance accruals are calculated by actuaries and are based on claims filed and include estimates for claims incurred but not yet reported. Projections of future losses, including incurred but not reported losses, are inherently uncertain because of the random nature of insurance claims and could be substantially affected if occurrences and claims differ significantly from these assumptions and historical trends. In addition, the Company has obtained letters of credit as required by insurance carriers. As of December 31, 2016 and 2015, these letters of credit were approximately $10.8 million and $10.4 million, respectively. This includes $7.6 million and $6.8 million as of December 31, 2016 and 2015, respectively, issued under the FreedomRoads, LLC Floor Plan Facility (see Note 3 — Inventories and Notes Payable — Floor Plan, net), and the balance issued under the Company’s Senior Secured Credit Facilities (see Note 7 — Long ‑ Term Debt).
Long Term Debt	Long‑Term Debt The fair value of the Company’s long‑term debt is estimated based on the quoted market prices for the same or similar issues or on the current rates offered for debt of the same or similar remaining maturities.
Revenue Recognition	Revenue Recognition Revenue is recognized when persuasive evidence of an arrangement exists, services or products have been provided to the customers, fees are fixed or determinable, and collectability is reasonably assured. Consumer Services and Plans revenue consists of revenue from membership clubs, publications, consumer shows, and marketing and royalty fees from various consumer services and plans. Certain Consumer Services and Plans revenue is generated from annual, multiyear and lifetime memberships. The revenue and expenses associated with these memberships are deferred and amortized over the membership period. Unearned revenue and profit are subject to revisions as the membership progresses to completion. Revisions to membership period estimates would change the amount of income and expense amortized in future accounting periods. For lifetime memberships, an 18‑year period is used, which is the actuarially determined estimated fulfillment period. Roadside Assistance (“RA”) revenues are deferred and recognized over the life of the membership. RA claim expenses are recognized when incurred. Royalty revenue is earned under the terms of an arrangement with a third‑party credit card provider based on a percentage of the Company’s co‑branded credit card portfolio retail spend with such third‑party credit card provider. Marketing fees for finance, insurance, extended service and other similar products are recognized, net of a reserve for estimated cancellations, if applicable, when a product contract payment has been received or financing has been arranged. Promotional expenses, consisting primarily of direct‑mail advertising, are deferred and expensed over the period of expected future benefit, typically three months based on historical actual response rates. Renewal expenses are expensed at the time related materials are mailed. Newsstand sales of publications and related expenses are recorded at the time of delivery, net of an estimated provision for returns. Subscription sales of publications are reflected in income over the lives of the subscriptions. The related selling expenses are expensed as incurred. Advertising revenues and related expenses are recorded at the time of delivery. Subscription and newsstand revenues and expenses related to annual publications are deferred until the publications are distributed. Revenue and related expenses for consumer shows are recognized when the show occurs. Retail revenue consists of sales of new and used recreational vehicles and pre-owned cars, commissions on related finance and insurance contracts, and sales of parts, services and other products. Revenue from the sale of recreational vehicles and pre-owned cars is recognized upon completion of the sale to the customer. Conditions to completing a sale include having an agreement with the customer, including pricing, and the sales price must be reasonably expected to be collected and delivery has occurred. Revenue from parts, services and other products sales is recognized on the delivery of the part or completion of the service. Finance and insurance revenue is recognized when a finance and insurance product contract payment has been received or financing has been arranged. The proceeds the Company receives for arranging financing contracts, and selling insurance and service contracts, are subject to chargebacks if the customer terminates the respective contract earlier than a stated period. A reserve for chargebacks is recorded as a reduction of revenues in the period in which the related revenue is recognized.
Parts and Service Internal Profit	Parts and Service Internal Profit The Company’s parts and service departments recondition the majority of used vehicles acquired by the Company’s used vehicle departments and perform minor preparatory work on new vehicles acquired by the Company’s new vehicle departments. The parts and service departments charge the new and used vehicle departments as if they were third parties in order to account for total activity performed by that department. The revenue and costs applicable to revenue associated with the internal work performed by the Company’s parts and service departments are eliminated in consolidation. Also in consolidation, the Company eliminates the internal profit on vehicles and parts inventory that have not been sold.
Advertising Expense	Advertising Expense At December 31, 2016 and 2015, $6.9 million and $6.6 million, respectively, of advertising expenses were capitalized as direct‑response advertising, of which $5.5 million and $5.0 million, respectively, were reported as assets and $1.4 million and $1.6 million, respectively, were reported net of related deferred revenue. Other advertising expenses are expensed as incurred. Advertising expenses for the years ended December 31, 2016, 2015, and 2014 were $76. 0 million, $76.2 million, and $65.0 million, respectively.
Vendor Allowances	Vendor Allowances As a component of the Company’s consolidated procurement program, the Company frequently enters into contracts with vendors that provide for payments of rebates or other allowances. These vendor payments are reflected in the carrying value of the inventory when earned or as progress is made toward earning the rebate or allowance and as a component of cost of sales as the inventory is sold. Certain of these vendor contracts provide for rebates and other allowances that are contingent upon the Company meeting specified performance measures such as a cumulative level of purchases over a specified period of time. Such contingent rebates and other allowances are given accounting recognition at the point at which achievement of the specified performance measures are deemed to be probable and reasonably estimable.
Shipping and Handling Fees and Costs	Shipping and Handling Fees and Costs The Company reports shipping and handling costs billed to customers as a component of revenues, and related costs are reported as a component of costs applicable to revenues. For the years ended December 31, 2016, 2015, and 2014, $2.3 million, $5.6 million, and $10.7 million of shipping and handling fees, respectively, were included in the Retail segment as revenue.
Income Taxes	Income Taxes The Company recognizes deferred tax assets and liabilities based on the liability method, which requires an adjustment to the deferred tax asset or liability to reflect income tax rates currently in effect. When income tax rates increase or decrease, a corresponding adjustment to income tax expense is recorded by applying the rate change to the cumulative temporary differences. The Company recognizes the tax benefit from an uncertain tax position in accordance with accounting guidance on accounting for uncertainty in income taxes. The Company classifies interest and penalties relating to income taxes as income tax expense. See Note 10 — Income Taxes.
Revisions to Prior Periods	Revisions to Prior Periods Certain revisions have been recorded in prior periods to correct for immaterial errors on previously-reported consolidated financial statements. In connection with the preparation of the financial statements for the year ended December 31, 2016, errors were identified within the elimination of intercompany revenue, costs, operating expenses, and profit in ending inventory relating to a portion of parts, supplies, freight and labor used in upgrades and repairs to new and used RVs. To quantify this error management performed an analysis of internal work orders within the parts and service departments. The Company evaluated the materiality of this error both qualitatively and quantitatively in accordance with Staff Accounting Bulletin (“SAB”) No. 99, Materiality, and SAB No. 108 and concluded that the impact of this error on the Company's previously-issued consolidated financial statements was not material. However, while not material and in order to enhance comparability and transparency, the Company has determined to revise, in this report, its previously-reported consolidated financial statements for the years ended and as of December 31, 2015 and 2014, to correct for this and other immaterial errors. As a result of these immaterial errors, revenue, costs applicable to revenue, selling, general and administrative expenses, and floor plan interest expense within the retail segment were each corrected as presented in the table below. There was no effect on any per share amounts as the periods corrected were before the Company’s IPO, see Note 21 — Earnings Per Share: Year Ended December 31, 2015 Year Ended December 31, 2014 ($ in thousands) As Reported Adjustment As Corrected As Reported Adjustment As Corrected Revenues: New vehicles $ $ $ $ $ $ Used vehicles Parts, service and other Finance and insurance, net Retail segment revenues Total revenues Costs applicable to revenues: New vehicles Used vehicles Parts, service and other Retail segment costs applicable to revenues Total costs applicable to revenues Selling, general and administrative expenses Income from operations Floor plan interest expense — Net income — Net income attributable to Camping World Holdings, Inc. — Additionally, as a result of these immaterial errors, the cumulative effect of the change on members’ deficit as of January 1, 2014, the earliest date presented in these consolidated financial statements, was $4.4 million from an as reported amount of $375.1 million to an as corrected amount of $379.5 million. Prior year inventories, other assets, and members’ deficit on the consolidated balance sheets were each corrected as follows: At December 31, 2015 At December 31, 2014 ($ in thousands) As Reported Adjustment As Corrected As Reported Adjustment As Corrected Inventories, net $ $ $ $ $ $ Other assets — Total assets Members' deficit Total liabilities and stockholders' / members' equity (deficit) While the immaterial error corrections did not have an impact on cash provided by or used in operating, investing, or financing activities, the applicable line items on the above tables within cash provided by operating activities on the consolidated statements of cash flows have been appropriately revised for the periods presented. The impact of these immaterial error corrections to relevant segment and quarterly financial information is presented in Notes 22 and 23 to these consolidated financial statements, respectively.
Recent Adopted Accounting Pronouncements and Recently Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2015-05, Customers’ Accounting for Fees Paid in a Cloud Computing Arrangement (“ASU 2015-05”). ASU 2015-05 provides guidance in evaluating whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the software license element of the arrangement should be accounted for as an acquisition of a software license. If the arrangement does not contain a software license, it should be accounted for as a service contract. ASU 2015-05 is effective for reporting periods beginning after December 15, 2015 and may be adopted either retrospectively or prospectively. The Company adopted ASU 2015-16 under the prospective transition method as of January 1, 2016. The adoption of this amendment did not materially impact the Company’s financial statements. In September 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805) Simplifying the Accounting for Measurement-Period Adjustments (“ASU 2015-16”). The amendments in the accounting standard eliminate the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. The amendments also require that the acquirer must recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amount is determined, including the effect on earnings of any amounts they would have recorded in previous periods if the accounting had been completed at the acquisition date. The amendments in this ASU were to be applied prospectively to adjustments to provisional amounts that occur after the effective date and are effective for interim and annual periods beginning after December 15, 2015. The Company adopted ASU 2015-16 as of January 1, 2016. The adoption of this amendment did not materially impact the Company’s financial statements. In November 2015, the FASB issued ASU No. 2015-17, Income Taxes (Topic 740) Balance Sheet Classification of Deferred Taxes (“ASU 2015-17”). This update requires an entity to classify deferred tax liabilities and assets as non-current within a classified statement of financial position. The Company elected to early adopt ASU 2015-17 as of October 1, 2016, with retrospective application. Accordingly, deferred tax assets in the amount of $123,000, which were previously classified as current assets at December 31, 2015, were reclassified to non-current deferred income tax assets on the Company's Consolidated Balance Sheets to conform to current year presentation. In March 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”). The amendment addresses several aspects of the accounting for share-based payment award transactions, including: allowing the accounting policy election to record forfeitures as they occur for employee share-based payments; income tax consequences; classification of awards as either equity or liabilities; and classification on the statement of cash flows. This standard will be effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years, with early adoption permitted. The Company early adopted ASU 2015-16 as of October 1, 2016 and made the accounting policy election to record forfeitures on employee share-based payment awards as they occur. The adoption of this amendment did not materially impact the Company’s financial statements. Recently Issued Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”). The FASB has subsequently issued several related ASUs that clarified the implementation guidance for certain aspects of ASU 2014-09, which are effective upon the adoption of ASU 2014-09. This ASU sets forth a five-step model for determining when and how revenue is recognized. Under the model, an entity will be required to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration it expects to receive in exchange for those goods or services. The amendments in this accounting standard update are effective for interim and annual reporting periods beginning after December 15, 2017. The standard can be adopted either retrospectively to each reporting period presented or as a cumulative effect adjustment as of the date of adoption. To assess the impact of the ASU, the Company established an internal implementation team to review its current accounting policies and practices, identify all material revenue streams, assess the impact of the ASU on its material revenue streams and identify potential differences with current policies and practices. The Company’s internal implementation team is in the process of performing its initial review of the likely impacts that the application of the amendments in this ASU will have on its consolidated financial statements. The team has identified the Company’s material revenue streams to be the sale of new and used vehicles; the sale of parts, RV accessories, and supplies; the performance of vehicle maintenance and repair services; the arrangement of associated vehicle financing; the sale of insurance and emergency roadside assistance contracts; and the sale of club memberships. Currently, the team has not completed its assessment of the changes, if any, to its current revenue recognition policies and practices. The Company’s implementation team is in the preliminary stages of evaluating the additional disclosure requirements of the ASU, as well as the change, if any, to the Company’s underlying accounting and financial reporting systems and processes necessary to support the recognition and disclosure requirements. The Company expects to identify and implement the necessary changes, if any, during 2017. The Company expects to be able to evaluate the impact of this update on its consolidated financial statements during the quarter ending June 30, 2017. The Company currently expects to adopt the amendments of this ASU as of January 1, 2018, as a cumulative effect adjustment as of the date of adoption, but will not make a final decision on the adoption method until later in 2017. In July 2015, the FASB issued ASU No. 2015-11, Inventory (Topic 330) Simplifying the Measurement of Inventory (“ASU 2015-11”). The amendments in the accounting standard replace the lower of cost or market test with a lower of cost and net realizable value test. The amendments in this ASU should be applied prospectively and are effective for interim and annual periods beginning after December 15, 2016. Earlier application is permitted as of the beginning of an interim or annual reporting period. The Company expects to adopt the amendments of this ASU as of January 1, 2017 and does not expect the adoption to materially impact its consolidated financial statements or results of operations. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-02”). The amendments in this ASU relate to the accounting for leasing transactions. This standard requires a lessee to record on the balance sheet the assets and liabilities for the rights and obligations created by leases with lease terms of more than 12 months. In addition, this standard requires both lessees and lessors to disclose certain key information about lease transactions. This standard will be effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is in the process of evaluating the impact that adoption will have on its consolidated balance sheet and statement of income. However, the Company expects that the adoption of the provisions of the ASU will have a significant impact on its consolidated balance sheet, as currently most of its real estate is leased via operating leases. Adoption of this ASU is required to be done using a modified retrospective approach. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”). The amendment addresses several specific cash flow issues with the objective of reducing the diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The standard will be effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company is currently evaluating the impact that the adoption of the provisions of the ASU will have on its consolidated financial statements. In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash, a consensus of the FASB Emerging Issues Task Force (“ASU 2016-18”). The amendments require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments in this ASU do not provide a definition of restricted cash or restricted cash equivalents. The standard will be effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company is currently evaluating the impact that the adoption of the provisions of the ASU will have on its consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805) – Clarifying the Definition of a Business (“ASU 2017-01”). This ASU clarifies the definition of a business to exclude gross assets acquired (or disposed of) that have substantially all of their fair value concentrated in a single identifiable asset or group of similar identifiable assets. The ASU also updates the definition of the term “output” to be consistent with Accounting Standards Codification (“ASC”) Topic No. 606. The ASU is effective for annual reporting periods beginning after December 15, 2017 and interim periods within those annual periods. Early adoption is permitted and the Company expects to early adopt ASU 2017-01 as of January 1, 2017. The Company does not expect the adoption of this ASU to materially impact its consolidated financial statements or results of operations. In January 2017, the FASB issued ASU No. 2017-04, Intangibles - Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment (“ASU 2017-04”). This ASU eliminates Step 2 of the goodwill impairment test and requires a goodwill impairment to be measured as the amount by which a reporting unit’s carrying amount exceeds its fair value, not to exceed the carrying amount of its goodwill. The ASU is effective for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019 and must be applied prospectively. Early adoption is permitted and the Company expects to early adopt ASU 2017-04 as of January 1, 2017. The Company does not expect the adoption of this ASU to materially impact its consolidated financial statements or results of operations.

Summary of Significant Accoun33

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2016
Summary of Significant Accounting Policies
Schedule of Property and Equipment, estimated useful lives of the assets	Years Building and improvements Leasehold improvements 3 - 40 Furniture, fixtures and equipment 3-12 Rental vehicles Software 3-5
Schedule of revisions	Year Ended December 31, 2015 Year Ended December 31, 2014 ($ in thousands) As Reported Adjustment As Corrected As Reported Adjustment As Corrected Revenues: New vehicles $ $ $ $ $ $ Used vehicles Parts, service and other Finance and insurance, net Retail segment revenues Total revenues Costs applicable to revenues: New vehicles Used vehicles Parts, service and other Retail segment costs applicable to revenues Total costs applicable to revenues Selling, general and administrative expenses Income from operations Floor plan interest expense — Net income — Net income attributable to Camping World Holdings, Inc. — At December 31, 2015 At December 31, 2014 ($ in thousands) As Reported Adjustment As Corrected As Reported Adjustment As Corrected Inventories, net $ $ $ $ $ $ Other assets — Total assets Members' deficit Total liabilities and stockholders' / members' equity (deficit)

Receivables (Tables)

Receivables (Tables)	12 Months Ended
	Dec. 31, 2016
Receivables
Summary of receivables	Receivables consisted of the following at December 31, (in thousands): 2016 2015 Consumer Services and Plans $ $ New and used vehicles Parts, service and other Other Allowance for doubtful accounts $ $

Inventories, net and Notes Pa35

Inventories, net and Notes Payable - Floor Plan, net (Tables)	12 Months Ended
	Dec. 31, 2016
Inventories, Net and Floor Plan Payable
Inventories, net and Notes Payable - Floor Plan	Inventories consisted of the following at December 31, (in thousands): 2016 2015 New RV vehicles $ $ Used RV vehicles Parts, accessories and miscellaneous $ $

Property and Equipment, net (Ta

Property and Equipment, net (Tables)	12 Months Ended
	Dec. 31, 2016
Property and Equipment, net
Property and Equipment, net	Property and equipment consisted of the following at December 31, (in thousands): 2016 2015 Land $ $ Buildings and improvements Leasehold improvements - inclusive of right to use assets Furniture and equipment Rental vehicles — Software Systems development and construction in progress $ Less: accumulated depreciation and amortization Property and equipment, net $ $

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets
Changes in goodwill by business line	The following is a summary of changes in the Company’s goodwill by business line for the years ended December 31, 2016 and 2015 (in thousands): Consumer Services and Plans Retail Consolidated Balance as of January 1, 2015 $ $ $ Acquisitions — Balance as of December 31, 2015 Acquisitions — Balance as of December 31, 2016 $ $ $
Finite-lived intangible assets and related accumulated amortization	Finite‑lived intangible assets and related accumulated amortization consisted of the following at December 31, (in thousands): 2016 2015 Gross membership and customer lists $ $ Less: accumulated amortization Intangible assets, net $ $
Schedule of amortization of finite lived intangibles assets	Amortization expense of finite-lived intangibles for the years ended December 31, 2016, 2015, and 2014 was $1.0 million, $0.8 million, and $0.8 million, respectively. The aggregate future five‑year amortization of finite‑lived intangibles at December 31, 2016, was as follows (in thousands:) 2017 $ 2018 2019 2020 2021 Thereafter $

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	12 Months Ended
	Dec. 31, 2016
Accrued Liabilities
Schedule Of Accrued liabilities	Accrued liabilities consisted of the following at December 31, (in thousands): 2016 2015 Compensation and benefits $ $ Other accruals $ $

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
	Dec. 31, 2016
Long-Term Debt.
Long-Term debt	The following reflects outstanding long‑term debt as of December 31 (in thousands): 2016 2015 Term Loan Facility (a) $ $ Less: current portion $ $ (a) Net of $6.3 million and $4.9 million original issue discount at December 31, 2016 and 2015, respectively, and $11.9 million and $11.1 million of finance costs at December 2016 and 2015, respectively.
Schedule of Aggregate Maturities of Long-term Debt	The aggregate future maturities of long‑term debt at December 31, 2016, were as follows (in thousands): 2017 $ 2018 2019 2020 2021 Thereafter Total $

Capital Lease Obligations (Tabl

Capital Lease Obligations (Tables)	12 Months Ended
	Dec. 31, 2016
Capital Lease Obligations.
Schedule of leases in property and equipment	The Company has included these leases in property and equipment, net at December 31, as follows (in thousands): 2016 2015 Furniture and equipment $ $ Accumulated depreciation $ $
Schedule future minimum lease payments	The following is a schedule by year of future minimum lease payments (in thousands) under the capitalized leases, together with the present value of net minimum lease payments at December 31, 2016 (including current portion of $1.2 million): 2017 $ 2018 2019 Interest $

Right to Use Liability (Tables)

Right to Use Liability (Tables)	12 Months Ended
	Dec. 31, 2016
Right to Use Liability
Schedule of right to use assets	The Company has included the right to use assets in property and equipment, net at December 31, as follows (in thousands): 2016 2015 Right to use assets $ $ Accumulated depreciation $ $
Schedule of future changes in the right to use liability	The following is a schedule by year of the future changes in the right to use liability (in thousands): 2017 $ 2018 2019 2020 2021 Thereafter (1) Total minimum lease payments Amounts representing interest Present value of net minimum right to use liability payments $ Includes $5.0 million of scheduled derecognition of right to use liability due to reductions in the lease deposit to less than two months’ rent.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Income Taxes.
Schedule of components of the Company's income tax expense	The components of the Company’s income tax expense from operations for the year ended December 31, consisted of (in thousands): 2016 2015 2014 Current: Federal $ $ $ State Deferred: Federal State Income tax expense $ $ $
Schedule of reconciliation of income tax expense from operations to the federal statutory rate	A reconciliation of income tax expense from operations to the federal statutory rate for the year ended December 31, is as follows (in thousands): 2016 2015 2014 Income taxes computed at federal statutory rate $ $ $ State income taxes – net of federal benefit Other differences: Income taxes computed at the effective federal and state statutory rate for pass-through entities not subject to tax Increase (decrease) of valuation allowance Other — Income tax expense $ $ $
Summary of significant items comprising the net deferred tax asset	Significant items comprising the net deferred tax assets at December 31, were (in thousands): 2016 2015 Deferred tax liabilities Accelerated depreciation $ $ Prepaid expenses Other Deferred tax assets Investment impairment Gift cards Deferred revenues Accrual for employee benefits and severance Stock option expense — Investment in partnership — Tax Receivable Agreement — AMT credit Net operating loss carryforward Claims reserves Intangible assets Goodwill Deferred book gain Other reserves Valuation allowance Net deferred tax assets $ $

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2016
Fair Value Measurements
Summary of aggregate carrying value and fair value of fixed rate debt	Fair Value 12/31/2016 12/31/2015 ($ in thousands) Measurement Carrying Value Fair Value Carrying Value Fair Value Term Loan Facility Level 2 $ $ $ $

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies.
Schedule of Future minimum annual fixed rentals under operating leases	Future minimum annual fixed rentals under operating leases having an original term of more than one year as of December 31, 2016, were as follows (in thousands): Third Party Related Party Total 2017 $ $ $ 2018 2019 2020 2021 Thereafter Total $ $ $

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2016
Acquisitions
Summary of the purchase price allocations	($ in thousands) 2016 2015 2014 Assets (liabilities) acquired (assumed) at fair value: Accounts receivable $ $ — $ — Inventory Property and equipment Intangibles — — Goodwill Security deposits — — Other assets — Customer deposits — Accounts payable — Accrued expenses — Purchase price Purchase price holdback included in other long-term liabilities — — Inventory purchases financed via floor plan Cash payment net of holdback and floor plan financing $ $ $

Statement of Cash Flows (Tables

Statement of Cash Flows (Tables)	12 Months Ended
	Dec. 31, 2016
Statement of Cash Flows
Supplemental disclosures of cash flow information	Supplemental disclosures of cash flow information for the years ended December 31, are as follows (in thousands): 2016 2015 2014 Cash paid during the year for: Interest $ $ $ Income taxes

Non-Controlling Interest (Table

Non-Controlling Interest (Tables)	12 Months Ended
	Dec. 31, 2016
Non-controlling Interest
Schedule of effects of change in ownership	Year Ended December 31, ($ in thousands) 2016 2015 2014 Net income attributable to Camping World Holdings, Inc. $ $ $ Transfers to non-controlling interests: Decrease in additional paid-in capital as a result of the Reorganization Transactions — — Decrease in additional paid-in capital as a result of the purchase of common units from CWGS, LLC (1) — — Change from net income attributable to Camping World Holdings, Inc. and transfers to non-controlling interests $ $ $

Equity-based Compensation Pla48

Equity-based Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2016
Equity-based Compensation Plans
Schedule of equity-based compensation expense classified with the consolidated statements of operations	Year Ended December 31, ($ in thousands) 2016 2015 2014 Equity-based compensation expense: Costs applicable to revenue $ $ — $ — Selling, general, and administrative — — Total equity-based compensation expense $ $ — $ — Total income tax benefit recognized related to equity-based compensation $ — $ — $ —
Schedule of valuation assumptions used	2016 Expected term (years) (1) Expected volatility (2) % Risk-free interest rate (3) % Dividend yield (4) % (1) Expected term represents the estimated period of time until an award is exercised and was determined using the simplified method. (2) Expected volatility is based on the historical volatility of a selected peer group over a period equivalent to the expected term. (3) The risk-free rate is an interpolation of yields on U.S. Treasury securities with maturities equivalent to the expected term. (4) The dividend yield was based on the Company’s expectation at the time of grant to declare quarterly dividends of $0.06 per share.
Summary of stock option activity	Weighted Average Aggregate Remaining Stock Options Weighted Average Intrinsic Value Contractual Life (in thousands) Exercise Price (in thousands) (years) Outstanding at December 31, 2015 — Granted $ Exercised — Forfeited $ Cancelled — Outstanding at December 31, 2016 $ $ Options exercisable at December 31, 2016 —
Summary of restricted stock unit activity	Restricted Weighted Average Stock Units Grant Date (in thousands) Fair Value Outstanding at December 31, 2015 — Granted $ Exercised — Forfeited $ Cancelled — Outstanding at December 31, 2016 $

Earnings Per Share (Tables)

Earnings Per Share (Tables) - Class A common stock	12 Months Ended
	Dec. 31, 2016
Schedule of reconciliations of the numerators and denominators used to compute basic and diluted earnings	Year Ended December 31, 2016 Numerator: Net income $ Less: net income attributable to non-controlling interests Net income attributable to Camping World Holdings, Inc. — basic Add: Reallocation of net income attributable to non-controlling interests from the assumed exchange of common units of CWGS, LLC for Class A common stock Net income attributable to Camping World Holdings, Inc. — diluted $ Denominator: Weighted-average shares of Class A common stock outstanding — basic Dilutive common units of CWGS, LLC that are convertible into Class A common stock Weighted-average shares of Class A common stock outstanding — diluted Earnings per share of Class A common stock — basic $ Earnings per share of Class A common stock — diluted $
Schedule of reconciliations of the numerators and denominators used to compute pro forma basic and diluted earnings	Year Ended December 31, 2016 Numerator: Net income $ Less: pro forma net income attributable to non-controlling interests Less: pro forma income tax expense Pro forma net income attributable to Camping World Holdings, Inc. — basic Add: Reallocation of pro forma net income attributable to non-controlling interests from the assumed exchange of common units of CWGS, LLC for Class A common stock Pro forma net income attributable to Camping World Holdings, Inc. — diluted $ Denominator: Weighted-average shares of Class A common stock outstanding — basic Dilutive restricted stock units Dilutive common units of CWGS, LLC that are convertible into Class A common stock Weighted-average shares of Class A common stock outstanding — diluted Earnings per share of Class A common stock — basic $ Earnings per share of Class A common stock — diluted $

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2016
Segment Information
Reportable segment revenue	Year Ended December 31, ($ in thousands) 2016 2015 2014 Revenue: Consumer Services and Plans $ $ $ Retail (1) Total consolidated revenue $ $ $ (1) The Company has adjusted certain prior period amounts for the correction of an immaterial error. See Note 1 — Summary of Significant Accounting Policies — Revisions to Prior Periods.
Reportable segment income	Year Ended December 31, ($ in thousands) 2016 2015 2014 Segment income (1): Consumer Services and Plans $ $ $ Retail (2) Total segment income Corporate & other Depreciation and amortization Other interest expense, net Loss and expense on debt restructure — Other income (expense), net — Income from operations before income taxes $ $ $ (1) Segment income is defined as income from operations before depreciation and amortization plus floor plan interest expense. (2) The Company has adjusted certain prior period amounts for the correction of an immaterial error. For the year ended December 31, 2014, segment income for the Company’s Retail segment was originally reported as $129.6 million. After the correction of the immaterial error of $1.5 million, segment income for the Company’s Retail segment was $128.1 million for the year ended December 31, 2014. See Note 1 — Summary of Significant Accounting Policies — Revisions to Prior Periods.
Reportable depreciation and amortization and other interest expense, net	Year Ended December 31, ($ in thousands) 2016 2015 2014 Depreciation and amortization: Consumer Services and Plans $ $ $ Retail Total Corporate & other — Total depreciation and amortization $ $ $ Years ended December 31, 2016 2015 2014 Interest expense, net: Consumer Services and Plans $ $ $ Retail Total Corporate & other Total interest expense $ $ $
Reportable segment assets and capital expenditures	As of December 31, 2016 2015 2014 Assets: Consumer Services and Plans $ $ $ Retail (1) Total Corporate & other Total assets $ $ $ (1) The Company has adjusted certain prior period amounts for the correction of an immaterial error. Retail segment assets decreased $5.9 million as of December 31, 2015 and 2014. See Note 1 — Summary of Significant Accounting Policies — Revisions to Prior Periods. Year Ended December 31, 2016 2015 2014 Capital expenditures: Consumer Services and Plans $ $ $ Retail Total capital expenditures $ $ $

Quarterly Financial Informati51

Quarterly Financial Information (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information (Unaudited)
Schedule of quarterly financial information	Three Months Ended December 31, September 30, June 30, March 31, December 31, September 30, June 30, March 31, ($ in thousands) 2016 2016 2016 2016 2015 2015 2015 2015 Revenue (1) Income from operations (1) Net income (1) Net income attributable to Camping World Holdings, Inc. (1) Earnings per share of Class A common stock (2): Basic $ Diluted $ (1) The Company has adjusted certain prior period amounts for the correction of an immaterial error. See reconciliation below and Note 1 — Summary of Significant Accounting Policies — Revisions to Prior Periods. (2) Basic and diluted earnings per Class A common stock is applicable only for periods after the Company’s IPO. See Note 21 — Earnings Per Share. Three Months Ended September 30, June 30, March 31, December 31, September 30, June 30, March 31, ($ in thousands) 2016 2016 2016 2015 2015 2015 2015 Revenue - new vehicles - as originally reported (1) $ $ $ $ $ $ $ Revenue - new vehicles - adjustment (1) Revenue - new vehicles - as corrected (1) Revenue - used vehicles - as originally reported (1) Revenue - used vehicles - adjustment (1) Revenue - used vehicles - as corrected (1) Revenue - parts, service and other - as originally reported (1) Revenue - parts, service and other - adjustment (1) Revenue - parts, service and other - as corrected (1) Revenue - finance and insurance, net - as originally reported (1) Revenue - finance and insurance, net - adjustment (1) Revenue - finance and insurance, net - as corrected (1) Total revenue - as originally reported (1) Total revenue - adjustment (1) Total revenue - as corrected (1) Costs applicable to revenues - new vehicles - as originally reported (1) Costs applicable to revenues - new vehicles - adjustment (1) Costs applicable to revenues - new vehicles - as corrected (1) Costs applicable to revenues - used vehicles - as originally reported (1) Costs applicable to revenues - used vehicles - adjustment (1) Costs applicable to revenues - used vehicles - as corrected (1) Costs applicable to revenues - parts, service and other - as originally reported (1) Costs applicable to revenues - parts, service and other - adjustment (1) Costs applicable to revenues - parts, service and other - as corrected (1) Selling, general and administrative expenses - as originally reported (1) Selling, general and administrative expenses - adjustment (1) Selling, general and administrative expenses - as corrected (1) Income from operations - as originally reported (1) Income from operations - adjustment (1) Income from operations - as corrected (1) Floor plan interest expense - as originally reported (1) Floor plan interest expense - adjustment (1) — — — — — — Floor plan interest expense - as corrected (1) Net income and net income attributable to Camping World Holdings, Inc. - as originally reported (1) Net income and net income attributable to Camping World Holdings, Inc. - adjustment (1) Net income and net income attributable to Camping World Holdings, Inc. - as corrected (1) (1) The Company has adjusted certain prior period amounts for the correction of an immaterial error. See Note 1 — Summary of Significant Accounting Policies — Revisions to Prior Periods. As of September 30, June 30, March 31, December 31, September 30, June 30, March 31, ($ in thousands) 2016 2016 2016 2015 2015 2015 2015 Inventories - as originally reported (1) $ $ $ $ $ $ $ Inventories - adjustment (1) Inventories - as corrected (1) Other assets - as originally reported (1) Other assets - adjustment (1) — — — Other assets - as corrected (1) Members' deficit - as originally reported (1) Members' deficit - adjustment (1) Members' deficit - as corrected (1) (1) The Company has adjusted certain prior period amounts for the correction of an immaterial error. See Note 1 — Summary of Significant Accounting Policies — Revisions to Prior Periods.

Summary of Significant Accoun52

Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2016USD ($)storesegment	Dec. 31, 2015USD ($)segment	Dec. 31, 2014USD ($)segment
Segments Information
Number of primary businesses | segment	2	2	2
Number of Camping World retail locations | store	122
Concentration of Credit Risk
Amount in excess of FDIC limits	$ 119,000,000	$ 90,800,000
Goodwill and Other Intangible Assets
Useful lives (in years)	5 years
Self-Insurance Program
Self insured claims liability	$ 11,300,000	7,800,000
Letters of credit	$ 10,800,000	10,400,000
Revenue Recognition
Lifetime memberships period	18 years
Advertising Expense
Advertising costs capitalized	$ 6,900,000	6,600,000
Advertising expenses	76,000,000	76,200,000	$ 65,000,000
Shipping and Handling Fees and Costs
Shipping, Handling and Transportation Costs	2,300,000	5,600,000	$ 10,700,000
New Accounting Pronouncements
Deferred tax asset, noncurrent	$ 125,878,000	6,234,000
Accounting Standards Update 2015-17 [Member] | Early adoption
New Accounting Pronouncements
Deferred tax asset, current		(123,000)
Deferred tax asset, noncurrent		123,000
New and used RVs, financing, and other ancillary services, protection plans, and products for the RV purchaser
Segments Information
Number of Camping World retail locations | store	105
FreedomRoads, LLC Floor Plan Facility
Self-Insurance Program
Letters of credit	$ 7,600,000	6,800,000
Building and improvements
Property and Equipment, net
Estimated useful lives	P40Y
Leasehold improvements | Minimum
Property and Equipment, net
Estimated useful lives	P3Y
Leasehold improvements | Maximum
Property and Equipment, net
Estimated useful lives	P40Y
Furniture and equipment | Minimum
Property and Equipment, net
Estimated useful lives	P3Y
Furniture and equipment | Maximum
Property and Equipment, net
Estimated useful lives	P12Y
Rental vehicles
Property and Equipment, net
Estimated useful lives	P8Y
Software | Minimum
Property and Equipment, net
Estimated useful lives	P3Y
Software | Maximum
Property and Equipment, net
Estimated useful lives	P5Y
Assets.
Advertising Expense
Advertising costs capitalized	$ 5,500,000	5,000,000
Deferred revenue
Advertising Expense
Advertising costs capitalized	$ 1,400,000	$ 1,600,000
CWGS, LLC
Segments Information
Ownership interest	22.60%

Summary of Significant Accoun53

Summary of Significant Accounting Policies - Reclassifications and Revisions (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenue:
Total Revenue	$ 670,032	$ 991,071	$ 1,067,855	$ 797,748	$ 647,311	$ 948,005	$ 993,446	$ 697,332	$ 3,526,706	$ 3,286,094	$ 2,634,998
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue									2,528,105	2,382,830	1,888,803
Selling, general, and administrative									691,884	634,890	536,485
Operating expenses:
Income from operations	34,235	87,741	103,351	56,041	24,457	76,221	93,891	49,941	281,368	244,510	185,076
Floor plan interest expense									(18,854)	(11,248)	(10,675)
Net income	13,635	68,416	83,406	37,780	11,999	57,650	75,212	33,669	203,237	178,530	123,626
Net income attributable to Camping World Holdings, Inc.	2,059	68,416	83,406	37,780	11,999	57,650	75,212	33,669	191,661	178,530	123,626
Assets
Inventories, net	909,254	802,379	908,705	1,001,633	861,847	774,059	821,204	829,331	909,254	861,847	670,893
Other assets	17,931	19,049	17,747	17,351	16,573	16,571	16,644	15,546	17,931	16,573	15,124
Total assets	1,563,765				1,338,105				1,563,765	1,338,105	1,157,255
Stockholders' equity
Members' Equity		(358,818)	(290,286)	(285,648)	(294,860)	(282,221)	(284,988)	(228,565)		(294,860)	(242,613)
Total liabilities and stockholders' / members' equity (deficit)	1,563,765				1,338,105				1,563,765	1,338,105	1,157,255
Operating Segments
Operating expenses:
Income from operations									292,809	260,052	201,599
Assets
Total assets	1,387,939				1,282,980				1,387,939	1,282,980	1,084,635
Retail
Revenue:
Total Revenue									3,341,933	3,111,494	2,472,400
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue									2,448,833	2,301,081	1,814,738
Retail | New vehicles
Revenue:
Total Revenue									1,866,182	1,606,465	1,174,816
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue									1,604,534	1,379,156	1,006,389
Retail | Used vehicles
Revenue:
Total Revenue									705,893	806,399	680,190
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue									555,113	646,936	546,622
Retail | Parts, services and other
Revenue:
Total Revenue									540,019	507,810	482,254
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue									289,186	274,989	261,727
Retail | Finance and insurance, net
Revenue:
Total Revenue									229,839	190,820	135,140
Retail | Operating Segments
Revenue:
Total Revenue		991,071	1,067,855	797,748	647,311	948,005	993,446	697,332		3,111,494	2,472,400
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue										2,301,081	1,814,738
Selling, general, and administrative		186,255	190,323	160,388	148,994	174,141	173,565	138,190		634,890	536,485
Operating expenses:
Income from operations		87,741	103,351	56,041	25,203	76,568	93,544	49,195	203,763	179,530	128,084
Floor plan interest expense		(4,322)	(5,387)	(5,142)	(1,854)	(3,013)	(3,436)	(2,945)
Net income attributable to Camping World Holdings, Inc.		68,416	83,406	37,780	11,999	57,650	75,212	33,669
Assets
Total assets	$ 1,235,250				1,143,916				$ 1,235,250	1,143,916	946,395
Retail | Operating Segments | New vehicles
Revenue:
Total Revenue		545,154	578,289	409,476	292,821	467,709	509,231	336,704		1,606,465	1,174,816
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		471,140	495,159	350,848	251,811	402,284	434,700	290,361		1,379,156	1,006,389
Retail | Operating Segments | Used vehicles
Revenue:
Total Revenue		181,675	216,526	178,763	160,559	237,916	235,160	172,764		806,399	680,190
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		138,637	170,934	145,088	130,123	190,525	188,231	138,057		646,936	546,622
Retail | Operating Segments | Parts, services and other
Revenue:
Total Revenue		151,090	157,742	113,484	114,064	143,569	147,113	103,064		507,810	482,254
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		81,105	83,041	59,635	63,870	78,802	78,134	54,183		274,989	261,727
Retail | Operating Segments | Finance and insurance, net
Revenue:
Total Revenue		67,710	69,870	51,027	33,014	57,909	59,325	40,572		190,820	135,140
As Reported
Revenue:
Total Revenue										3,333,261	2,673,953
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue										2,419,299	1,918,606
Operating expenses:
Income from operations										245,689	186,606
Floor plan interest expense										(12,427)	(10,675)
Net income										178,530	125,156
Net income attributable to Camping World Holdings, Inc.										178,530	125,156
Assets
Inventories, net		808,089	915,153	1,009,555	868,939	779,636	826,926	835,736		868,939	676,806
Other assets		17,870	16,568	16,172	15,394	16,571	16,644	15,546		15,394	15,124
Total assets					1,344,018					1,344,018	1,163,168
Stockholders' equity
Members' Equity		(354,287)	(285,017)	(278,905)	(288,947)	(276,644)	(279,266)	(222,160)		(288,947)	(236,700)	$ 375,100
Total liabilities and stockholders' / members' equity (deficit)					1,344,018					1,344,018	1,163,168
As Reported | Retail | Operating Segments
Revenue:
Total Revenue		1,005,987	1,084,431	809,676	656,408	961,966	1,007,066	707,821		3,158,661	2,511,355
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue										2,337,550	1,844,541
Selling, general, and administrative		188,858	192,947	163,149	152,064	176,466	175,686	140,193		644,409	544,107
Operating expenses:
Income from operations		87,003	101,877	56,871	26,718	76,423	92,861	49,687			129,600
Floor plan interest expense		(4,322)	(5,387)	(5,142)	(3,033)	(3,013)	(3,436)	(2,945)
Net income attributable to Camping World Holdings, Inc.		67,678	81,932	38,610	12,335	57,505	74,529	34,161
As Reported | Retail | Operating Segments | New vehicles
Revenue:
Total Revenue		545,231	578,728	409,504	293,048	468,084	509,641	337,017		1,607,790	1,176,838
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		474,944	499,385	351,588	252,284	405,448	438,065	291,561		1,387,358	1,012,494
As Reported | Retail | Operating Segments | Used vehicles
Revenue:
Total Revenue		181,820	217,358	178,816	160,621	238,018	235,271	172,849		806,759	680,786
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		140,516	174,325	146,909	130,120	192,119	190,241	139,755		652,235	551,702
As Reported | Retail | Operating Segments | Parts, services and other
Revenue:
Total Revenue		166,076	173,353	125,530	122,993	157,214	160,381	113,246		553,834	518,905
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		88,473	90,850	65,411	67,912	85,825	84,941	59,279		297,957	280,345
As Reported | Retail | Operating Segments | Finance and insurance, net
Revenue:
Total Revenue		67,418	69,564	50,828	32,893	57,748	59,156	40,481		190,278	134,826
Adjustment
Revenue:
Total Revenue										(47,167)	(38,955)
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue										(36,469)	(29,803)
Operating expenses:
Income from operations										(1,179)	(1,530)
Floor plan interest expense										1,179
Net income											(1,530)
Net income attributable to Camping World Holdings, Inc.											(1,530)
Assets
Inventories, net		(5,710)	(6,448)	(7,922)	(7,092)	(5,577)	(5,722)	(6,405)		(7,092)	(5,913)
Other assets		1,179	1,179	1,179	1,179					1,179
Total assets					(5,913)					(5,913)	(5,913)
Stockholders' equity
Members' Equity		(4,531)	(5,269)	(6,743)	(5,913)	(5,577)	(5,722)	(6,405)		(5,913)	(5,913)	$ (4,400)
Total liabilities and stockholders' / members' equity (deficit)					(5,913)					(5,913)	(5,913)
Adjustment | Retail | Operating Segments
Revenue:
Total Revenue		(14,916)	(16,576)	(11,928)	(9,097)	(13,961)	(13,620)	(10,489)		(47,167)	(38,955)
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue										(36,469)	(29,803)
Selling, general, and administrative		(2,603)	(2,624)	(2,761)	(3,070)	(2,325)	(2,121)	(2,003)		(9,519)	(7,622)
Operating expenses:
Income from operations		738	1,474	(830)	(1,515)	145	683	(492)			(1,500)
Floor plan interest expense					1,179
Net income attributable to Camping World Holdings, Inc.		738	1,474	(830)	(336)	145	683	(492)
Assets
Total assets					(5,900)					(5,900)	(5,900)
Adjustment | Retail | Operating Segments | New vehicles
Revenue:
Total Revenue		(77)	(439)	(28)	(227)	(375)	(410)	(313)		(1,325)	(2,022)
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		(3,804)	(4,226)	(740)	(473)	(3,164)	(3,365)	(1,200)		(8,202)	(6,105)
Adjustment | Retail | Operating Segments | Used vehicles
Revenue:
Total Revenue		(145)	(832)	(53)	(62)	(102)	(111)	(85)		(360)	(596)
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		(1,879)	(3,391)	(1,821)	3	(1,594)	(2,010)	(1,698)		(5,299)	(5,080)
Adjustment | Retail | Operating Segments | Parts, services and other
Revenue:
Total Revenue		(14,986)	(15,611)	(12,046)	(8,929)	(13,645)	(13,268)	(10,182)		(46,024)	(36,651)
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		(7,368)	(7,809)	(5,776)	(4,042)	(7,023)	(6,807)	(5,096)		(22,968)	(18,618)
Adjustment | Retail | Operating Segments | Finance and insurance, net
Revenue:
Total Revenue		$ 292	$ 306	$ 199	$ 121	$ 161	$ 169	$ 91		$ 542	$ 314

Receivables (Details)

Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Receivables
Gross receivables	$ 61,408	$ 59,285
Allowance for doubtful accounts	(2,920)	(2,929)
Receivables, net	58,488	56,356
New and used vehicles
Receivables
Gross receivables	1,791	2,195
Parts, services and other
Receivables
Gross receivables	12,912	13,357
Other
Receivables
Gross receivables	20,052	16,937
Consumer services and plans
Receivables
Gross receivables	$ 26,653	$ 26,796

Inventories, net and Notes Pa55

Inventories, net and Notes Payable - Floor Plan, net - Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Inventories
Inventories	$ 909,254	$ 802,379	$ 908,705	$ 1,001,633	$ 861,847	$ 774,059	$ 821,204	$ 829,331	$ 670,893
New RV vehicles
Inventories
Inventories	727,634				618,236
Used RV vehicles
Inventories
Inventories	78,787				159,552
Parts, accessories and miscellaneous
Inventories
Inventories	$ 102,833				$ 84,059

Inventories, net and Notes Pa56

Inventories, net and Notes Payable - Floor Plan, net - Floor Plan Payable (Details) - Line of Credit $ in Millions	Jul. 01, 2016USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014	Jun. 30, 2016USD ($)
Notes Payable to Banks | Floor Plan Facility
Floor Plan Payable
Maximum borrowing capacity	$ 1,180				$ 880
Amount outstanding		$ 625.2	$ 598.4
Offset account		$ 68.5	$ 13.6
Notes Payable to Banks | Floor Plan Facility, floor plan notes | London Interbank Offered Rate (LIBOR)
Floor Plan Payable
Variable rate spread (as a percent)		2.05%	2.40%	2.10%
Variable rate basis (as a percent)		0.62	0.36	0.16
Notes Payable to Banks | Floor Plan Facility, floor plan notes | London Interbank Offered Rate (LIBOR) | Minimum
Floor Plan Payable
Variable rate spread (as a percent)	2.05%
Notes Payable to Banks | Floor Plan Facility, floor plan notes | London Interbank Offered Rate (LIBOR) | Maximum
Floor Plan Payable
Variable rate spread (as a percent)	2.50%
Notes Payable to Banks | Floor Plan Facility, floor plan notes | Base Rate | Minimum
Floor Plan Payable
Variable rate spread (as a percent)	0.55%
Notes Payable to Banks | Floor Plan Facility, floor plan notes | Base Rate | Maximum
Floor Plan Payable
Variable rate spread (as a percent)	1.00%
Letters of credit
Floor Plan Payable
Maximum borrowing capacity		$ 15

Property and Equipment, net (De

Property and Equipment, net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property and Equipment, net
Property, Plant and Equipment, Gross	$ 273,541	$ 288,274
Less: accumulated depreciation and amortization	(142,781)	(138,549)
Property and equipment, net	130,760	149,725
Lease incentives	10,400
Amortization of tenant improvements reimbursement	100
Non-cash lease incentive	700
Depreciation expense	23,700	23,300	$ 23,800
Land
Property and Equipment, net
Property, Plant and Equipment, Gross	6,248	11,512
Buildings and improvements
Property and Equipment, net
Property, Plant and Equipment, Gross	7,669	11,032
Leasehold improvements - inclusive of right to use assets
Property and Equipment, net
Property, Plant and Equipment, Gross	92,168	102,867
Furniture and equipment
Property and Equipment, net
Property, Plant and Equipment, Gross	91,449	79,046
Rental vehicles
Property and Equipment, net
Property, Plant and Equipment, Gross		1,228
Software
Property and Equipment, net
Property, Plant and Equipment, Gross	71,509	75,248
Systems development and construction in progress
Property and Equipment, net
Property, Plant and Equipment, Gross	$ 4,498	$ 7,341

Goodwill and Intangible Asset58

Goodwill and Intangible Assets - Change in Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Goodwill
Balance	$ 112,940	$ 61,053
Acquisitions	40,165	51,887
Balance	153,105	112,940
Consumer services and plans
Goodwill
Balance	49,944	49,944
Acquisitions
Balance	49,944	49,944
Retail
Goodwill
Balance	62,996	11,109
Acquisitions	40,165	51,887
Balance	$ 103,161	$ 62,996

Goodwill and Intangible Asset59

Goodwill and Intangible Assets - Finite-lived Intangible Assets and Related Accumulated Amortization (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Intangible Assets
Gross membership and customer lists	$ 9,485	$ 6,712
Less: accumulated amortization	(6,099)	(5,060)
Total	3,386	1,652
Amortization expense	$ 1,000	$ 800	$ 800

Goodwill and Intangible Asset60

Goodwill and Intangible Assets - Finite-lived Intangible Assets Weighted-average Useful Lives (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,017	$ 1,084
2,018	709
2,019	689
2,020	486
2,021	194
Thereafter	224
Total	$ 3,386	$ 1,652

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Accrued Liabilities
Compensation and benefits	$ 24,036	$ 25,821
Other accruals	54,008	51,731
Total	$ 78,044	$ 77,552

Long-Term Debt - Tabular Disclo

Long-Term Debt - Tabular Disclosure (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Long-Term Debt
Term Loan Facility	$ 626,753	$ 725,393
Less: current portion	(6,450)	(52,089)
Long-term debt, net of current maturities	620,303	673,304
Unamortized discount	6,300	4,900
Finance costs	$ 11,900	$ 11,100

Long Term Debt - Future Maturit

Long Term Debt - Future Maturities (Details) $ in Thousands	Dec. 31, 2016USD ($)
Long-Term Debt.
2,017	$ 6,450
2,018	6,450
2,019	6,450
2,020	6,450
2,021	6,450
Thereafter	612,750
Total	$ 645,000

Long-Term Debt - Senior Secured

Long-Term Debt - Senior Secured Credit Facilities (Details) - USD ($) $ in Thousands	Nov. 08, 2016	Sep. 21, 2016	Jun. 30, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Nov. 20, 2013
Long-Term Debt
Unamortized discount				$ 6,300	$ 4,900
Cash distribution to members		$ 100,000		$ 236,146	228,894	$ 60,101
Secured Debt | Line of Credit | Previous Senior Secured Credit Facility
Long-Term Debt
Maximum borrowing capacity							$ 545,000
Secured Debt | Line of Credit | Previous Senior Secured Credit Facility, Term Loan Facility
Long-Term Debt
Maximum borrowing capacity		828,200					525,000
Unamortized discount							$ 5,300
Original issue discount (as a percentage)							1.00%
Maximum borrowing capacity, increase in capacity		135,000	$ 95,000		$ 55,000	$ 117,000
Original issue discount from increase in capacity		$ 16,500
Secured Debt | Line of Credit | New Senior Secured Credit Facility
Long-Term Debt
Maximum borrowing capacity	$ 680,000
Secured Debt | Line of Credit | New Senior Secured Credit Facility Term Loan Facility
Long-Term Debt
Maximum borrowing capacity	$ 645,000
Term	7 years
Secured Debt | Revolving Credit Facility | Previous Senior Secured Credit Facility, Revolving Credit Facility
Long-Term Debt
Maximum borrowing capacity							$ 20,000
Secured Debt | Revolving Credit Facility | New Senior Secured Credit Facility Revolving Credit Facility
Long-Term Debt
Maximum borrowing capacity	$ 35,000
Term	5 years

Long-Term Debt - Interest, Fees

Long-Term Debt - Interest, Fees, and Principal Payments (Details) - USD ($) $ in Millions	Nov. 08, 2016	Oct. 13, 2016	May 09, 2016	Nov. 20, 2013	Dec. 31, 2016	Dec. 31, 2015
Previous Senior Secured Credit Facility, Term Loan Facility
Long-Term Debt
Repayments of debt		$ 200.4
Secured Debt | Line of Credit | Previous Senior Secured Credit Facility, Term Loan Facility
Long-Term Debt
Principal payment frequency				quarterly
Quarterly scheduled principal payment				$ 8.9
Prepayment requirement as a percentage of excess cash flow (as a percent)				50.00%
Prepayment requirement as a percentage of excess cash flow, reduced amount (as a percent)				25.00%
Excess cash flow offer						$ 16.1
Principal prepayment offered and paid			$ 12
Secured Debt | Line of Credit | Previous Senior Secured Credit Facility, Term Loan Facility | Minimum
Long-Term Debt
Prepayment requirement as a percentage of excess cash flow, reduced amount, leverage ratio				2
Secured Debt | Line of Credit | Previous Senior Secured Credit Facility, Term Loan Facility | Maximum
Long-Term Debt
Prepayment requirement as a percentage of excess cash flow, reduced amount, leverage ratio				2.50
Secured Debt | Line of Credit | Previous Senior Secured Credit Facility, Term Loan Facility | Interest on Debt Instrument, Option One | London Interbank Offered Rate (LIBOR)
Long-Term Debt
Variable rate basis floor (as a percent)				1.00%
Variable rate spread (as a percent)				4.75%
Secured Debt | Line of Credit | Previous Senior Secured Credit Facility, Term Loan Facility | Interest on Debt Instrument, Option Two
Long-Term Debt
Alternate base rate (as a percent)				3.75%
Base rate spread (as a percent)				2.00%
Secured Debt | Line of Credit | Previous Senior Secured Credit Facility, Term Loan Facility | Interest on Debt Instrument, Option Two | Federal Funds Effective Rate
Long-Term Debt
Variable rate spread (as a percent)				0.50%
Secured Debt | Line of Credit | New Senior Secured Credit Facility Term Loan Facility
Long-Term Debt
Mandatory amortization of new credit facility (as a percent)	1.00%
Secured Debt | Line of Credit | New Senior Secured Credit Facility Term Loan Facility | Interest on Debt Instrument, Option One | London Interbank Offered Rate (LIBOR)
Long-Term Debt
Variable rate basis floor (as a percent)	0.75%
Variable rate spread (as a percent)	3.75%
Secured Debt | Line of Credit | New Senior Secured Credit Facility Term Loan Facility | Interest on Debt Instrument, Option Two
Long-Term Debt
Alternate base rate (as a percent)	2.75%
Secured Debt | Line of Credit | New Senior Secured Credit Facility Term Loan Facility | Interest on Debt Instrument, Option Two | One Month Adjusted London Interbank Offer Rate
Long-Term Debt
Variable rate basis floor (as a percent)	1.75%
Variable rate spread (as a percent)	1.00%
Secured Debt | Line of Credit | New Senior Secured Credit Facility Term Loan Facility | Interest on Debt Instrument, Option Two | Federal Funds Effective Rate
Long-Term Debt
Variable rate spread (as a percent)	0.50%
Secured Debt | Revolving Credit Facility
Long-Term Debt
Commitment fee (as a percent)	0.50%
Secured Debt | Revolving Credit Facility | Previous Senior Secured Credit Facility, Revolving Credit Facility
Long-Term Debt
Commitment fee (as a percent)				0.50%
Secured Debt | Revolving Credit Facility | Previous Senior Secured Credit Facility, Revolving Credit Facility | Interest on Debt Instrument, Option One
Long-Term Debt
Variable rate basis floor (as a percent)				1.00%
Secured Debt | Revolving Credit Facility | Previous Senior Secured Credit Facility, Revolving Credit Facility | Interest on Debt Instrument, Option One | Minimum
Long-Term Debt
Alternate base rate (as a percent)				4.25%
Secured Debt | Revolving Credit Facility | Previous Senior Secured Credit Facility, Revolving Credit Facility | Interest on Debt Instrument, Option One | Maximum
Long-Term Debt
Alternate base rate (as a percent)				4.50%
Secured Debt | Revolving Credit Facility | Previous Senior Secured Credit Facility, Revolving Credit Facility | Interest on Debt Instrument, Option Two
Long-Term Debt
Base rate spread (as a percent)				2.00%
Secured Debt | Revolving Credit Facility | Previous Senior Secured Credit Facility, Revolving Credit Facility | Interest on Debt Instrument, Option Two | Minimum
Long-Term Debt
Alternate base rate (as a percent)				3.25%
Secured Debt | Revolving Credit Facility | Previous Senior Secured Credit Facility, Revolving Credit Facility | Interest on Debt Instrument, Option Two | Maximum
Long-Term Debt
Alternate base rate (as a percent)				3.50%
Secured Debt | Revolving Credit Facility | Previous Senior Secured Credit Facility, Revolving Credit Facility | Interest on Debt Instrument, Option Two | Federal Funds Effective Rate
Long-Term Debt
Variable rate spread (as a percent)				0.50%
Secured Debt | Revolving Credit Facility | New Senior Secured Credit Facility Revolving Credit Facility | Interest on Debt Instrument, Option One
Long-Term Debt
Variable rate basis floor (as a percent)	0.75%
Secured Debt | Revolving Credit Facility | New Senior Secured Credit Facility Revolving Credit Facility | Interest on Debt Instrument, Option Two | Minimum
Long-Term Debt
Variable rate spread (as a percent)	2.25%
Alternate base rate (as a percent)	3.25%
Secured Debt | Revolving Credit Facility | New Senior Secured Credit Facility Revolving Credit Facility | Interest on Debt Instrument, Option Two | Maximum
Long-Term Debt
Variable rate spread (as a percent)	2.50%
Alternate base rate (as a percent)	3.50%
Secured Debt | Revolving Credit Facility | New Senior Secured Credit Facility Revolving Credit Facility | Interest on Debt Instrument, Option Two | One Month Adjusted London Interbank Offer Rate
Long-Term Debt
Variable rate spread (as a percent)	1.00%
Secured Debt | Revolving Credit Facility | New Senior Secured Credit Facility Revolving Credit Facility | Interest on Debt Instrument, Option Two | Federal Funds Effective Rate
Long-Term Debt
Variable rate spread (as a percent)	0.50%
CWGS Enterprises, LLC and Subsidiaries | Secured Debt | Line of Credit | New Senior Secured Credit Facility Term Loan Facility
Long-Term Debt
Principal payment frequency	quarterly
Prepayment requirement as a percentage of excess cash flow (as a percent)					50.00%
Prepayment requirement as a percentage of excess cash flow, reduced amount (as a percent)					25.00%
CWGS Enterprises, LLC and Subsidiaries | Secured Debt | Line of Credit | New Senior Secured Credit Facility Term Loan Facility | Minimum
Long-Term Debt
Prepayment requirement as a percentage of excess cash flow, reduced amount, leverage ratio					1.50
CWGS Enterprises, LLC and Subsidiaries | Secured Debt | Line of Credit | New Senior Secured Credit Facility Term Loan Facility | Maximum
Long-Term Debt
Prepayment requirement as a percentage of excess cash flow, reduced amount, leverage ratio					2

Long-Term Debt - General Inform

Long-Term Debt - General Information (Details) - USD ($) $ in Thousands	Oct. 13, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Nov. 08, 2016
Long-Term Debt
Amount outstanding		$ 626,753	$ 725,393
Interest Paid		$ 61,889	$ 57,717	$ 54,843
Previous Senior Secured Credit Facility, Term Loan Facility
Long-Term Debt
Repayments of debt	$ 200,400
Secured Debt | Line of Credit | New Senior Secured Credit Facility Term Loan Facility
Long-Term Debt
Interest rate (as a percent)		4.50%
Amount outstanding		$ 645,000
Secured Debt | Revolving Credit Facility | New Senior Secured Credit Facility Revolving Credit Facility
Long-Term Debt
Maximum amount allocated to letters of credit					$ 15,000
Available borrowings		31,800
Amount outstanding		0
Secured Debt | Letters of credit | Senior Secured Credit Facility, Letters of Credit
Long-Term Debt
Available borrowings		$ 3,200

Long-Term Debt - Enterprise Not

Long-Term Debt - Enterprise Notes (Details) $ in Thousands	Sep. 21, 2016USD ($)	Sep. 30, 2014USD ($)	Nov. 20, 2013USD ($)	Mar. 02, 2011USD ($)shares	Feb. 15, 2011USD ($)item	Nov. 30, 2013USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Long-term debt
Interest							$ 61,889	$ 57,717	$ 54,843
Cash distribution to members	$ 100,000						236,146	228,894	60,101
Outstanding notes							645,000
Unamortized discount							$ 6,300	4,900
Securities purchase agreement
Long-term debt
Interest					$ 300
Repayments to related party					27,000
Cash distribution to members					$ 85,000
Number of preferred units available to purchase (in shares) | shares				70,000
Aggregate purchase price				$ 70,000
Number of freestanding instruments issued | item					2
Percentage of preferred return							3.00%
Preferred return payments paid							$ 6,400	$ 8,400	$ 2,100
Equity interest				44.999%
Enterprise Notes | Securities purchase agreement
Long-term debt
Net proceeds from issuance of debt					$ 150,000
Series A Notes | Securities purchase agreement
Long-term debt
Payment of debt			$ 80,000
Debt issued					80,000
Outstanding notes					68,100
Unamortized discount			$ 5,400		$ 11,900
Quarterly interest rate (as a percent)					3.00%
Quarterly default interest rate (as a percent)					3.75%
Series B Notes | Securities purchase agreement
Long-term debt
Interest						$ 31,400
Debt issued					$ 70,000
Outstanding notes					81,900
Unamortized premium		$ 3,400			$ 11,900
Quarterly interest rate (as a percent)					3.00%
Quarterly default interest rate (as a percent)					3.75%
Quarterly alternative interest rate (as a percent)					3.25%
Period for which company entitled to elect to not pay the accrued interest | item					12
Period for which company shall so elect or shall otherwise fail to pay all accrued interest | item					6
Amount of debt converted to equity		$ 70,000
Term Loan Note Payable | Securities purchase agreement
Long-term debt
Payment of debt					$ 27,000
Swap term loan | Securities purchase agreement
Long-term debt
Payment of debt					$ 4,600

Capital Lease Obligations (Deta

Capital Lease Obligations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Capital Lease Obligations.
Capital Lease Obligations Incurred	$ 2,000	$ 0	$ 200
Leases in property and equipment
Furniture and equipment	5,741	3,734
Accumulated depreciation	(3,449)	(2,301)
Total	$ 2,292	$ 1,433

Capital Lease Obligations - Lea

Capital Lease Obligations - Lease payment (Details) $ in Thousands	Dec. 31, 2016USD ($)
Capital Leases, Future Minimum Payments Due, Fiscal Year Maturity
2,017	$ 1,285
2,018	837
2,019	23
Total gross amount	2,145
Interest	(80)
Present value of net minimum right to use liability payments	2,065
Current portion of present value of net minimum lease payments	$ 1,200

Right to Use Liability - Genera

Right to Use Liability - General Information (Details) $ in Millions	3 Months Ended			12 Months Ended
	Sep. 30, 2016USD ($)leaseitem	Mar. 31, 2016USD ($)lease	Dec. 31, 2015USD ($)item	Dec. 31, 2016USD ($)item	Dec. 31, 2015USD ($)lease	Dec. 31, 2014USD ($)lease
Right to Use Liabilities
Number of operating leases	1	2		7	2	5
Number of leases, that had construction projects				25
Number of lease accounted for as finance leases				18
Number of leases accounted for as Capital leases				18
Percentage of land value of total real property value				25.00%
Number of leases met the requirements to be reported as operating leases			30
Right to use assets derecognized | $	$ 4.6	$ 15.4	$ 122.4	$ 20.1	$ 5.4	$ 8.2
Derecognition resulted in the removal of right to use liabilities | $	$ 4.7	$ 15.4	127	20	5.4	$ 8.2
Derecognition resulted in deferred gain | $			$ 4.6	$ 0.1	$ 4.6
Number of month's rent the lease deposit is less than	2

Right to Use Liability - Right

Right to Use Liability - Right to Use Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Right to Use Assets
Right to use assets	$ 5,741	$ 3,734
Accumulated depreciation	(3,449)	(2,301)
Total	2,292	1,433
Right To Use Assets
Right to Use Assets
Right to use assets	10,673	31,757
Accumulated depreciation	(667)	(1,457)
Total	$ 10,006	$ 30,300

Right to Use Liability - Future

Right to Use Liability - Future Changes in the Right to Use Liability (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Right to Use Liabilities
2,017	$ 1,285
2,018	837
2,019	23
Amounts representing interest	(80)
Present value of net minimum right to use liability payments	2,065
Scheduled derecognition of right to use liabilities upon the reduction in lease deposits to less than two months rent	5,000
Right to Use Liabilities
Right to Use Liabilities
2,017	872
2,018	583
2,019	486
2,020	486
2,021	486
Thereafter	13,813
Total minimum lease payments	16,726
Amounts representing interest	(6,383)
Present value of net minimum right to use liability payments	$ 10,343

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Current:
Federal	$ 468	$ 139	$ 105
State	1,259	1,398	860
Deferred:
Federal	4,045	(162)	1,045
State	135	(19)	130
Income tax expense	$ 5,907	$ 1,356	$ 2,140

Income Taxes - Reconciliation (

Income Taxes - Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of income tax expense from operations to the federal statutory rate
Income taxes computed at federal statutory rate	$ 73,200	$ 61,161	$ 43,280
State income taxes - net of federal benefit	7,347	7,196	5,114
Income taxes computed at the effective federal and state statutory rate for pass-through entities not subject to tax	(75,689)	(67,761)	(46,661)
Increase (decrease) of valuation allowance	1,049	735	(396)
Other		25	803
Income tax expense	$ 5,907	$ 1,356	$ 2,140

Income Taxes - Carrying amounts

Income Taxes - Carrying amounts of assets and liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Deferred tax liabilities
Accelerated depreciation	$ (4,655)	$ (3,389)
Prepaid expenses	(358)	(232)
Other	(57)	(93)
Total deferred tax liabilities	(5,070)	(3,714)
Deferred tax assets
Investment impairment	30,680	30,767
Gift cards	969	940
Deferred revenues	355	332
Accrual for employee benefits and severance	1,246	884
Stock option expense	55
Investment in partnership	115,057
Tax Receivable Agreement	7,387
AMT credit	1,049	549
Net operating loss carryforward	8,512	9,926
Claims reserves	547	444
Intangible assets	70	54
Goodwill	1,898	2,264
Deferred book gain	1,337	1,472
Other reserves	5,339	4,820
Gross deferred tax assets	174,501	52,452
Valuation allowance	(43,553)	(42,504)
Net deferred tax assets	$ 125,878	$ 6,234

Income Taxes - Federal Tax purp

Income Taxes - Federal Tax purpose (Details) - USD ($) $ in Thousands	Oct. 06, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Oct. 10, 2016
Uncertain tax positions		$ 0	$ 0
Interest or penalties relating to income taxes		0	0	$ 0
Current portion of liabilities under tax receivable agreement		991
Tax receivable agreement
Expected future tax benefits retained by the Company (as a percent)	15.00%
Liability under tax receivable agreement		19,200
Tax receivable agreement | Continuing Equity Owners and Crestview partners II GP LP
Payment, as percent of tax benefits (as a percent)	85.00%
Tax receivable agreement | Crestview Partners II GP LP
Liability under tax receivable agreement		19,200
Current portion of liabilities under tax receivable agreement		1,000
Camping World Holdings, Inc
Payment, as percent of tax benefits (as a percent)	85.00%
Current portion of liabilities under tax receivable agreement		$ 991
CWGS Enterprises, LLC and Subsidiaries
Ownership interest	22.60%	22.60%			22.60%
Units held		18,935,916
CWGS Enterprises, LLC and Subsidiaries | Tax receivable agreement | IPO
Units issued in exchange	1,698,763
Americas Road and Travel Club, Inc., CW, and FreedomRoads RV, Inc. and their wholly owned subsidiaries
Net operating loss carryforwards		$ 21,800
CWGS, LLC
Ownership interest		22.60%
Increase (decrease) in valuation allowance		$ 1,000	$ 700

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Fair Value Measurements
Transfers of assets between the fair value measurement levels 1 to level 2	$ 0	$ 0
Transfers of assets between the fair value measurement levels 2 to level 1	0	0
Transfers of liabilities between the fair value measurement levels 1 to level 2	0	0
Transfers of liabilities between the fair value measurement levels 2 to level 1	0	0
Transfers of assets or liabilities between the fair value measurement levels 3	0	0
Level 2 | Carrying Value
Fair Value Measurements
Term Loan Facility	626,753	725,393
Level 2 | Fair Value
Fair Value Measurements
Term Loan Facility	$ 649,838	$ 731,288

Commitments and Contingencies78

Commitments and Contingencies (Details) $ in Thousands	Dec. 05, 2001USD ($)subsidiarypropertyitem	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2006USD ($)	Feb. 28, 2014property	Dec. 31, 2012property	Dec. 28, 2012property	Jan. 09, 2012property	Dec. 29, 2011property
Future minimum annual fixed rentals under operating leases
2,017		$ 72,410
2,018		71,675
2,019		70,145
2,020		66,223
2,021		64,044
Thereafter		493,477
Total		837,974
Rent expense		74,500	$ 61,500	$ 59,500
Letters of credit		10,800	10,400
Cost of real property purchased		$ 273,541	288,274
Initial term of lease		20 years
Number of renewal options | item	2
Renewal term of lease	5 years
Net book value of Land and buildings removed from balance sheet	$ 45,800
Annual net average lease payments	$ 3,400
Derecognition resulted in deferred gain		$ 100	4,600
FreedomRoads, LLC Floor Plan Facility
Future minimum annual fixed rentals under operating leases
Letters of credit		7,600	6,800
Property sold in 2016
Future minimum annual fixed rentals under operating leases
Cost of real property purchased		13,200
Payments to Acquire Real Estate		11,900	1,200	100
Original purchase price		$ 11,900	1,200	100
Property sold in 2015
Future minimum annual fixed rentals under operating leases
Cost of real property purchased			19,000
Payments to Acquire Real Estate			18,100	900
Original purchase price			18,100	900
Property sold in 2014
Future minimum annual fixed rentals under operating leases
Cost of real property purchased				1,200
Payments to Acquire Real Estate				300	$ 900
Original purchase price				300	$ 900
Minimum
Future minimum annual fixed rentals under operating leases
Initial term of lease	25 years
Maximum
Future minimum annual fixed rentals under operating leases
Initial term of lease	27 years
Other agreements
Period for severance pay beyond termination date		1 year
Sponsorship agreements arranged in 2016
Other agreements
2,016		$ 1,000
2,017		1,200
2,018		2,500
2,019		2,600
2,020		1,300
2,021		1,400
Thereafter		4,500
Sponsorship agreement arranged in 2014
Other agreements
2,014		3,500
2,015		3,300
2,016		3,400
2,017		3,500
2,018		3,600
2,019		3,700
2,020		3,800
2,021		3,900
2,022		4,000
Broad market sponsorship agreement
Other agreements
2,015		700
2,016		900
2,017		1,000
2,018		1,000
Total		3,600
Subscription agreement
Other agreements
2,014		1,700
2,015		1,600
2,016		1,800
2,017		2,100
2,018		2,200
Total		9,400
Amended Subscription Agreement
Future minimum annual fixed rentals under operating leases
2,018		2,400
2,019		2,400
Other agreements
2,017		2,300
2,020		2,400
2,021		2,600
Third Party
Future minimum annual fixed rentals under operating leases
2,017		71,260
2,018		70,525
2,019		68,995
2,020		65,073
2,021		62,894
Thereafter		482,284
Total		821,031
Related Party
Future minimum annual fixed rentals under operating leases
2,017		1,150
2,018		1,150
2,019		1,150
2,020		1,150
2,021		1,150
Thereafter		11,193
Total		16,943
Subsidiary of FreedomRoads
Future minimum annual fixed rentals under operating leases
Sale Leaseback Transaction, Deferred Gain, Gross		100	400	0
Initial term of lease						20 years
Derecognition resulted in deferred gain						$ 6,400
Income recognition (offset to rent expense) of the deferred credits		300	$ 300	$ 300
Subsidiary of FreedomRoads | FreedomRoads, LLC Floor Plan Facility
Future minimum annual fixed rentals under operating leases
Letters of credit		400
AGRP Holding Corp
Future minimum annual fixed rentals under operating leases
Number of real estate properties sold | property							2	2	1	1	6
Number of real estate properties owned | property											11
Number of separate wholly owned subsidiaries of related party | subsidiary	11
Derecognition resulted in deferred gain		$ 5,100
GSE
Future minimum annual fixed rentals under operating leases
Number of real estate properties sold | property	11
Consideration received	$ 52,300
Gain from sale of land and building	6,100
Gain on certain properties	12,100
Loss on other properties	$ 6,000

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	Sep. 21, 2016	Sep. 07, 2016	Jun. 17, 2016	Jun. 13, 2016	Jul. 01, 2010	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2011
Related party transactions
Term of lease						20 years
Membership units
Non-cash distribution declared						$ 38,838,000
Cash distribution declared							$ 230,777,000	$ 60,101,000
Cash distribution to members	$ 100,000,000					236,146,000	228,894,000	60,101,000
AutoMatch Distribution
Membership units
Distribution declared				$ 42,700,000
Non-cash distribution declared				38,800,000		38,800,000
Cash distribution declared				$ 3,800,000
Cash distribution to members		$ 200,000	$ 3,600,000
FreedomRoads | AutoMatch Distribution
Membership units
Cash distribution declared		1,600,000
Cash distribution to members		$ 1,600,000
Monitoring Agreement | Crestview Advisors, L.L.C. and Stephen Adams
Related party transactions
Related party expense						1,700,000	2,000,000	2,000,000
Monitoring Agreement | Crestview Advisors, L.L.C
Related party transactions
Annual monitoring fee						1,000,000
Quarterly installments						250,000
Monitoring Agreement | Stephen Adams
Related party transactions
Annual monitoring fee						1,000,000
Quarterly installments						250,000
Reimbursable Fees | Crestview Advisors, L.L.C. and Stephen Adams
Related party transactions
Related party expense						200,000	500,000	500,000
Reimbursable Fees | Crestview Advisors, L.L.C
Related party transactions
Managers' reimbursable expenses per annum per related party						250,000
Reimbursable Fees | Stephen Adams
Related party transactions
Managers' reimbursable expenses per annum per related party						250,000
Related Party Agreement | eNET IT Group
Related party transactions
Related party expense						100,000	600,000	300,000
Related Party Agreement | Precise Graphix
Related party transactions
Related party expense						3,300,000	1,700,000
Aircraft Agreement | Stephen Adams
Related party transactions
Related party expense							1,000,000	1,000,000
Put Agreement | Mr. Lemonis
Related party transactions
Number of profits units									4,667
Pledged profit units									$ 12,000,000
Advertising Agreement | Stephen Adams
Related party transactions
Non-cash distribution							1,000,000
Deposit made					$ 1,000,000
Advertising Agreement | Cumulus Media
Related party transactions
Related party expense							600,000	1,300,000
FreedomRoads | Related Party Agreement | Stephen Adams
Related party transactions
Due to Related Parties										$ 900,000
FreedomRoads | Lease Agreement | Managers and Officers
Related party transactions
Related party expense						$ 1,200,000	$ 2,000,000	$ 3,800,000
FreedomRoads | Lease Agreement | Mr. Lemonis | Original Lease
Related party transactions
Term of lease						132 months
Base rent						$ 29,000
FreedomRoads | Lease Agreement | Mr. Lemonis | Expansion Lease
Related party transactions
Term of lease						132 months
Base rent						$ 2,500
AGI Holding Corp | Aircraft Agreement | Stephen Adams
Related party transactions
Economic interest (as a percent)							100.00%
eNET IT Group | Mr. Lemonis
Related party transactions
Economic interest (as a percent)						51.00%
Precise Graphix | Mr. Lemonis
Related party transactions
Economic interest (as a percent)						33.00%
AutoMatch | Transition Services Agreement | FreedomRoads
Related party transactions
Agreement period				120 days

Acquisitions - General Informat

Acquisitions - General Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Assets Or Stock Of Multiple Dealership Locations Acquired
Acquisitions
Real properties purchased	$ 15.3	$ 17	$ 3.8	$ 13.6

Acquisitions - Assets (Liabilit

Acquisitions - Assets (Liabilities) Acquired (Assumed) at Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Assets (liabilities) acquired (assumed) at fair value:
Goodwill	$ 153,105	$ 112,940	$ 61,053
Assets Or Stock Of Multiple Dealership Locations Acquired
Assets (liabilities) acquired (assumed) at fair value:
Accounts receivable	944
Inventory	36,285	75,664	6,228
Property and equipment	823	842	51
Intangibles	2,774
Goodwill	40,165	51,887	4,369
Security deposits		12
Other assets	175	19
Customer deposits		(1,111)	(33)
Accounts payable	(2,231)	(49)
Accrued expenses	(329)	(575)
Purchase price	$ 78,606	$ 126,689	$ 10,615

Acquisitions - Purchase Price (

Acquisitions - Purchase Price (Details) - Assets Or Stock Of Multiple Dealership Locations Acquired - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Acquisitions
Purchase Price	$ 78,606	$ 126,689	$ 10,615
Purchase price holdback included in other long-term liabilities		(1,500)
Inventory purchases financed via floor plan	(28,942)	(59,794)	(4,029)
Cash payment net of holdback and floor plan financing	49,664	65,395	6,586
Goodwill for tax purposes	$ 40,600	$ 22,700	$ 4,400

Acquisitions - Pro Forma Inform

Acquisitions - Pro Forma Information (Details) - Assets Or Stock Of Multiple Dealership Locations Acquired $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)
Acquisitions
Revenue	$ 75.1
Pre-tax income	$ 2.7

Exit Activities (Details)

Exit Activities (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Exit activities
Liability outstanding	$ 2.8	$ 2
Minimum sublease rental payments to be received	7.4
Other current liabilities | Facility closure
Exit activities
Current portion of the liability	$ 0.3	$ 0.4

Statement of Cash Flows - Suppl

Statement of Cash Flows - Supplemental Disclosure of Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash paid during the year for:
Interest	$ 61,889	$ 57,717	$ 54,843
Income taxes	$ 1,622	$ 1,166	$ 1,119

Statement of Cash Flows - Speci

Statement of Cash Flows - Special Distributions (Details) $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)item
Membership units
Non-cash lease incentive	$ 0.7
M & P Productions Inc
Membership units
Customer deposits	0.2
Cash paid for acquisition	$ 1.4
Number of consumer shows | item	5
Tax receivable agreement
Membership units
Liability under tax receivable agreement	$ 19.2

Statement of Cash Flows - AutoM

Statement of Cash Flows - AutoMatch Distribution (Details) - USD ($) $ in Thousands	Jun. 13, 2016	Dec. 31, 2016	Dec. 31, 2015
Membership units
Non-cash distribution declared		$ 38,838
AutoMatch Distribution
Membership units
Non-cash distribution declared	$ 38,800	38,800
Non-cash distribution declared, contracts in transit		1,000
Non-cash distribution declared, accounts receivable		300
Non-cash distribution declared, inventory		20,300
Non-cash distribution declared, property and equipment		17,100
Non-cash distribution declared, prepaid expenses and other assets		$ 100
CWGS Enterprises, LLC and Subsidiaries
Membership units
Non-cash distribution declared, accounts receivable			$ 900

Statement of Cash Flows - Equip

Statement of Cash Flows - Equipment Acquired through Capital Lease Arrangements (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2014
Capital lease arrangements
Equipment acquired through third party capital lease arrangements	$ 2
FreedomRoads
Capital lease arrangements
Value of capital lease arrangements		$ 0.2

Statement of Cash Flows - Derec

Statement of Cash Flows - Derecognition of Right to Use Assets and Right to Use Liabilities (Details) $ in Millions	3 Months Ended			12 Months Ended
	Sep. 30, 2016USD ($)leaseitem	Mar. 31, 2016USD ($)lease	Dec. 31, 2015USD ($)	Dec. 31, 2016USD ($)item	Dec. 31, 2015USD ($)lease	Dec. 31, 2014USD ($)lease
Right to Use Liabilities
Right to use assets derecognized	$ 4.6	$ 15.4	$ 122.4	$ 20.1	$ 5.4	$ 8.2
Right to use liabilities derecognized	$ 4.7	$ 15.4	$ 127	$ 20	$ 5.4	$ 8.2
Number of operating leases	1	2		7	2	5
Number of month's rent the lease deposit is less than | item	2

Statement of Cash Flows - Acqui

Statement of Cash Flows - Acquisitions - General Information (Details) - Assets and real property of an RV dealership group acquired in 2016 $ in Millions	1 Months Ended
	Jan. 31, 2016USD ($)item
Acquisitions
Number of locations | item	6
Purchase Price	$ 75.8
Real properties purchased	15.3
Purchase funded through floor plan	$ 28.9

Statement of Cash Flows - Acq91

Statement of Cash Flows - Acquisitions - Assets (Liabilities) Acquired (Assumed) at Fair Value (Details) - Assets Of wholesale parts dealer acquired in 2016 $ in Millions	1 Months Ended
	Jan. 31, 2016USD ($)
Acquisitions
Purchase Price	$ 1.4
Inventory	1.2
Intangible assets	1.3
Receivables	1
Prepaid expenses	0.1
Accrued liabilities	$ 2.2

Statement of Cash Flows - Real

Statement of Cash Flows - Real Property Capitalized (Details) $ in Millions	Sep. 30, 2014USD ($)	Sep. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)item	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Feb. 15, 2011USD ($)
Right to Use Assets and Liabilities
Distribution of prepaid marketing deposit						$ 1
Number of leases met the requirements to be reported as operating leases | item				30
Right to use assets derecognized		$ 4.6	$ 15.4	$ 122.4	$ 20.1	5.4	$ 8.2
Right to use assets capitalized						50.6	35.9
Right to use liabilities recorded						50.6	$ 35.9
Derecognition resulted in deferred gain				$ 4.6	$ 0.1	4.6
Series B Notes | Securities purchase agreement
Right to Use Assets and Liabilities
Amount of debt converted to equity	$ 70
Unamortized premium	$ 3.4							$ 11.9
CWGS Enterprises, LLC and Subsidiaries
Right to Use Assets and Liabilities
Non-cash distribution declared, accounts receivable						$ 0.9

Benefit Plans (Details)

Benefit Plans (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Minimum age to participate in 401(k) plan	18 years
Contribution expenses	$ 0.9	$ 1	$ 0.9
Non-highly Compensated Employees
Portion of eligible compensation that may be deferred (as a percent)	75.00%
Highly Compensated Employees
Portion of eligible compensation that may be deferred (as a percent)	15.00%

Stockholder's Equity - Restated

Stockholder's Equity - Restated Certificate of Incorporation (Details)	Oct. 06, 2016Voteitem$ / sharesshares	Dec. 31, 2016$ / sharesshares	Nov. 10, 2016shares	Oct. 10, 2016
Common Stock
Shares issued in acquisition	11,872,200
Preferred stock authorized		20,000,000
Preferred stock par value | $ / shares		$ 0.01
Board of directors, number of classes | item	3
Board of directors, term (in years)	3 years
Continuing Equity Owners
Common Stock
Percentage of ownership	77.40%
Preferred Stock
Common Stock
Shares authorized (in shares)	20,000,000
Class A common stock
Common Stock
Common stock, issued		18,935,916
Par value (in dollars per share) | $ / shares	$ 0.01	$ 0.01
Shares authorized (in shares)	250,000,000	250,000,000
Common stock, outstanding		18,935,916	18,935,916
Votes per share | Vote	1
Class B common stock
Common Stock
Common stock, issued		69,066,445
Par value (in dollars per share) | $ / shares	$ 0.0001	$ 0.0001
Shares authorized (in shares)	75,000,000	75,000,000
Common stock, outstanding		62,002,729	62,002,729
Votes per share | Vote	1
Class B common stock | M L Related Parties
Common Stock
Voting power (as a percent)	47.00%
Class C common stock
Common Stock
Common stock, issued		1
Par value (in dollars per share) | $ / shares	$ 0.0001	$ 0.0001
Shares authorized (in shares)	1	1
Common stock, outstanding		1	1
Voting power (as a percent)	5.00%
IPO | Class A common stock
Common Stock
Common stock, outstanding			11,872,200
CWH BR Merger
Common Stock
Units held	7,063,716
CWH BR Merger | Class A common stock
Common Stock
Shares issued in acquisition	7,063,716
Common stock, outstanding			7,063,716
CWH BR Merger | Class B common stock
Common Stock
Shares cancelled	7,063,716
Amended LLC Agreement | Class B common stock
Common Stock
Common stock, issued	7,064,000
Camping World Holdings, Inc
Common Stock
Preferred stock authorized		20,000,000
Preferred stock par value | $ / shares		$ 0.01
Camping World Holdings, Inc | Class A common stock
Common Stock
Common stock, issued		18,935,916
Par value (in dollars per share) | $ / shares		$ 0.01
Shares authorized (in shares)		250,000,000
Common stock, outstanding		18,935,916
Camping World Holdings, Inc | Class B common stock
Common Stock
Common stock, issued		69,066,445
Par value (in dollars per share) | $ / shares		$ 0.0001
Shares authorized (in shares)		75,000,000
Common stock, outstanding		62,002,729
Camping World Holdings, Inc | Class C common stock
Common Stock
Common stock, issued		1
Par value (in dollars per share) | $ / shares		$ 0.0001
Shares authorized (in shares)		1
Common stock, outstanding		1
CWGS Enterprises, LLC and Subsidiaries
Common Stock
Units held		18,935,916
Ownership interest	22.60%	22.60%		22.60%
CWGS Enterprises, LLC and Subsidiaries | Common Class A And Class B | M L Acquisition Company LLC And M L Related Parties | Minimum
Common Stock
Percentage of ownership	27.50%
CWGS Enterprises, LLC and Subsidiaries | CVP Merger
Common Stock
Shares issued in acquisition	7,063,716

Stockholder's Equity - Initial

Stockholder's Equity - Initial Public Offering (Details) - USD ($) $ / shares in Units, $ in Thousands	Nov. 09, 2016	Nov. 04, 2016	Oct. 13, 2016	Dec. 31, 2016	Nov. 10, 2016	Oct. 06, 2016
IPO
Proceeds from IPO				$ 234,185
Preferred Stock
IPO
Common stock, authorized						20,000,000
Class A common stock
IPO
Common stock, authorized				250,000,000		250,000,000
Common stock, par value				$ 0.01		$ 0.01
Common stock, issued				18,935,916
Common stock, outstanding				18,935,916	18,935,916
Shares issued (in shares)				11,872,000
Class B common stock
IPO
Common stock, authorized				75,000,000		75,000,000
Common stock, par value				$ 0.0001		$ 0.0001
Common stock, issued				69,066,445
Common stock, outstanding				62,002,729	62,002,729
IPO | Class A common stock
IPO
Common stock, outstanding					11,872,200
Shares issued (in shares)			11,363,636
Shares price (in dollars per share)			$ 22
Proceeds from IPO			$ 233,400
Over-Allotment Option | Class A common stock
IPO
Shares issued (in shares)	508,564
Proceeds from IPO	$ 10,400
Camping World Holdings, Inc
IPO
Proceeds from IPO				$ 243,809
Camping World Holdings, Inc | Class A common stock
IPO
Common stock, authorized				250,000,000
Common stock, par value				$ 0.01
Common stock, issued				18,935,916
Common stock, outstanding				18,935,916
Camping World Holdings, Inc | Class B common stock
IPO
Common stock, authorized				75,000,000
Common stock, par value				$ 0.0001
Common stock, issued				69,066,445
Common stock, outstanding				62,002,729
Camping World Holdings, Inc | IPO | Class A common stock
IPO
Shares issued (in shares)			11,872,200
Shares price (in dollars per share)			$ 22
Proceeds from IPO			$ 243,800
Camping World Holdings, Inc | Over-Allotment Option | Class A common stock
IPO
Shares issued (in shares)		508,564
CWGS Enterprises, LLC and Subsidiaries | IPO | Class A common stock
IPO
Units issued in exchange			11,363,636
CWGS Enterprises, LLC and Subsidiaries | Over-Allotment Option | Class A common stock
IPO
Units issued in exchange	508,564

Non-Controlling Interests (Deta

Non-Controlling Interests (Details) - USD ($) $ in Thousands	Oct. 06, 2016	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Oct. 10, 2016	Oct. 06, 2015
Non-Controlling Interests
Shares issued in acquisition	11,872,200
Summarizes the effects of change in ownership:
Net Income (Loss) Available to Common Stockholders, Basic		$ 2,059	$ 68,416	$ 83,406	$ 37,780	$ 11,999	$ 57,650	$ 75,212	$ 33,669	$ 191,661	$ 178,530	$ 123,626
Transfers to non-controlling interests:
Decrease in additional paid-in capital as a result of the Reorganization Transactions										7,306
Decrease in additional paid-in capital as a result of the purchase of common units from CWGS, LLC										(144,178)
Change from net income attributable to Camping World Holdings, Inc. and transfers to non-controlling interests										$ 40,177	$ 178,530	$ 123,626
CWGS Enterprises, LLC and Subsidiaries
Non-Controlling Interests
LLC interest outstanding		83,771,830								83,771,830				70,000
Units held		18,935,916								18,935,916
Ownership interest	22.60%	22.60%								22.60%			22.60%
CWGS Enterprises, LLC and Subsidiaries | CVP Merger
Non-Controlling Interests
Shares issued in acquisition	7,063,716

Equity-based Compensation Pla97

Equity-based Compensation Plans - Summary of Equity-Based Compensation (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Equity-based compensation expense:
Equity based compensation expense	$ 1,597
Cost of Sales
Equity-based compensation expense:
Equity based compensation expense	90
Selling, general, and administrative
Equity-based compensation expense:
Equity based compensation expense	$ 1,507

Equity-based Compensation Pla98

Equity-based Compensation Plans - CWGS LLC Plan (Details)	Oct. 06, 2016shares	Apr. 04, 2016USD ($)shares	Apr. 30, 2016USD ($)	Dec. 31, 2016USD ($)shares	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2014USD ($)shares	Dec. 31, 2012
Share-based Compensation Plans
Share based compensation expense				$ 1,597,000
Profit Units redeemed				17,000,000
Interest paid				61,889,000	$ 57,717,000	$ 54,843,000
CWGS LLC Plan
Share-based Compensation Plans
Percentage of increase in the value of the Company (as a percent)							10.00%
Vesting period							4 years
Share based compensation expense					$ 0	$ 0
CWGS LLC Plan | Class A common stock
Share-based Compensation Plans
Exchange ratio for converting common units	1
CWGS LLC Plan | Board of Directors Chairman
Share-based Compensation Plans
Share based compensation expense				$ 60,000
CWGS LLC Plan | Board of Directors Chairman | Notes Payable, Other Payables | Note Payable to Board of Directors Chairman and Chief Executive Officer
Share-based Compensation Plans
Profit Units redeemed, note payable portion		$ 4,000,000
Interest rate (as a percent)		3.00%
Principal payment		$ 1,500,000
Principal payment frequency		May 1, 2016 and June 1, 2016
Interest paid			$ 6,250
CWGS LLC Plan | Profits Units
Share-based Compensation Plans
Granted/issued (in units) | shares				0	15,556	0
Outstanding (in units) | shares	13,793			0	15,556
Authorized (in units) | shares					15,556
Grant date fair value (per unit) | $ / shares					$ 317
Share based compensation expense				$ 889,000
Units issued in exchange | shares	5,877,513
Profit units available for grant | shares				0
CWGS LLC Plan | Profits Units | Board of Directors Chairman
Share-based Compensation Plans
Profit Units redeemed (in shares) | shares		1,763
Profit Units redeemed		$ 17,000,000
Profit Units redeemed, cash portion		$ 13,000,000

Equity-based Compensation Pla99

Equity-based Compensation Plans - Stock Options (Details) - 2016 Plan - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	12 Months Ended
	Oct. 31, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Plans
Number of awards available under the plan (in shares)	14,693,518
Weighted average grant date fair value (per share)		$ 7.24
Stock Options
Granted (in shares)		1,133,000
Exercised (in shares)		0	0	0
Forfeited (in shares)		(15,000)
Outstanding at December 31, 2016 (in shares)		1,118,000
Weighted Average Exercise Price
Granted (per share)		$ 21.86
Forfeited (per share)		22
Outstanding at December 31, 2016 (per share)		$ 21.86
Stock options additional information
Aggregate Instrinsic Value		$ 11,995
Weighted Average Remaining Contractual Life (in years)		9 years 9 months 18 days
Employees
Share-based Compensation Plans
Vesting period	4 years
Stock options
Share-based Compensation Plans
Term of awards	10 years
Unrecognized compensation costs		$ 7,600
Unrecognized compensation costs recognition period (in years)		3 years 9 months 18 days
Black-Scholes assumptions
Expected term (years)		6 years 3 months 18 days
Expected volatility		36.10%
Risk free interest rate		1.50%
Dividend yield		1.10%
Quarterly dividends expected to be declared (per share)	$ 0.06

Equity-based Compensation Pl100

Equity-based Compensation Plans - Restricted Stock Units (Details) - 2016 Plan - Restricted Stock Units (RSUs) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	12 Months Ended
	Oct. 31, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Plans
Intrinsic value of unvested units		$ 4.7
Unrecognized compensation costs		$ 2.9
Unrecognized compensation costs recognition period (in years)		3 years 7 months 6 days
Restricted Stock Units
Granted (in shares)		145,000
Exercised (in shares)		0	0	0
Forfeited (in shares)		(1,000)
Outstanding December 31, 2016 (in shares)		144,000
Weighted Average Grant Date Fair Value
Granted (per share)		$ 21.37
Forfeited (per share)		21.40
Outstanding at December 31, 2016 (per share)		$ 21.37
Non-employee Directors
Share-based Compensation Plans
Vesting period	3 years

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands		Oct. 06, 2015	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Numerator:
Net income			$ 13,635	$ 68,416	$ 83,406	$ 37,780	$ 11,999	$ 57,650	$ 75,212	$ 33,669	$ 203,237	$ 178,530	$ 123,626
Less: net income attributable to non-controlling interests											(11,576)
Net income attributable to Camping World Holdings, Inc.			$ 2,059	$ 68,416	$ 83,406	$ 37,780	$ 11,999	$ 57,650	$ 75,212	$ 33,669	$ 191,661	$ 178,530	$ 123,626
Weighted average shares of Class A common stock outstanding (1):
Earnings per share of Class A common stock - basic			$ 0.11
Earnings per share of Class A common stock - diluted			$ 0.09
Effective tax rate											38.50%
Class A common stock
Numerator:
Net income											$ 13,635
Less: net income attributable to non-controlling interests											(11,576)
Net income attributable to Camping World Holdings, Inc.											2,059
Add: Reallocation of net income attributable to non-controlling interests from the assumed exchange of common units of CWGS, LLC for Class A common stock											5,169
Net Income (Loss) Available to Common Stockholders, Diluted, Total											$ 7,228
Weighted average shares of Class A common stock outstanding (1):
Weighted-average shares of Class A common stock outstanding ? basic	[1]										18,766,000
Dilutive common units of CWGS, LLC that are convertible into Class A common stock											64,836,000
Weighted-average shares of Class A common stock outstanding - diluted	[1]										83,602,000
Earnings per share of Class A common stock - basic	[1]										$ 0.11
Earnings per share of Class A common stock - diluted	[1]										$ 0.09
Class A common stock | Stock Option
Antidilutive securities excluded from the computation of diluted earnings per share											1,100,000
Class A common stock | Restricted Stock Units (RSUs)
Antidilutive securities excluded from the computation of diluted earnings per share											100,000
Camping World Holdings, Inc
Numerator:
Net income attributable to Camping World Holdings, Inc.											$ 2,059
CWGS Enterprises, LLC and Subsidiaries
Preferred units outstanding (in units)		70,000	83,771,830								83,771,830
Quarterly preferred returns		$ 2,100
[1]	Basic and diluted earnings per Class A common stock is applicable only for periods after the Company’s IPO. See Note 21 — Earnings Per Share.

Earnings Per Share - Proforma (

Earnings Per Share - Proforma (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2016

Sep. 30, 2016

Jun. 30, 2016

Mar. 31, 2016

Dec. 31, 2015

Sep. 30, 2015

Jun. 30, 2015

Mar. 31, 2015

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Numerator:

Net income

$ 13,635

$ 68,416

$ 83,406

$ 37,780

$ 11,999

$ 57,650

$ 75,212

$ 33,669

$ 203,237

$ 178,530

$ 123,626

Class A common stock

Numerator:

Net income

13,635

Net Income pro forma

203,237

Less: pro forma net income attributable to non-controlling interests

(158,296)

Less: pro forma income tax expense

(15,692)

Pro forma net income attributable to Camping World Holdings, Inc. - basic

29,249

Add: Reallocation of pro forma net income attributable to non-controlling interests from the assumed exchange of common units of CWGS, LLC for Class A common stock

98,175

Pro forma net income attributable to Camping World Holdings, Inc. - diluted

$ 127,424

Denominator:

Weighted-average shares of Class A common stock outstanding - basic

18,936

Weighted-average shares of Class A common stock outstanding - diluted

83,778

Pro Forma Earnings per unit - basic

[1]

$ 1.54

Pro Forma Earnings per unit - diluted

[1]

$ 1.52

Stock Option | Class A common stock

Denominator:

Dilutive common units of CWGS, LLC that are convertible into Class A common stock

64,836

Excluded from the weighted-average shares pro forma (in shares)

300

Restricted Stock Units (RSUs) | Class A common stock

Denominator:

Dilutive restricted stock units

6

[1]

The pro forma financial information presented has been computed to reflect income attributable to non-controlling interests and income tax expense assuming the Company’s initial public offering and related reorganization transactions occurred on January 1, 2016. See Note 21 — Earnings Per Share.

Segment Information - General I

Segment Information - General Information (Details) - segment	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segments Information
Number of reportable segments	2	2	2

Segment Information - Revenue (

Segment Information - Revenue (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segments Information
Revenue	$ 670,032	$ 991,071	$ 1,067,855	$ 797,748	$ 647,311	$ 948,005	$ 993,446	$ 697,332	$ 3,526,706	$ 3,286,094	$ 2,634,998
Consumer services and plans
Segments Information
Revenue									184,773	174,600	162,598
Retail
Segments Information
Revenue									$ 3,341,933	$ 3,111,494	$ 2,472,400

Segment Information - Segment I

Segment Information - Segment Income (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segments Information
Total segment income	$ 34,235	$ 87,741	$ 103,351	$ 56,041	$ 24,457	$ 76,221	$ 93,891	$ 49,941	$ 281,368	$ 244,510	$ 185,076
Selling, general, and administrative expense									(691,884)	(634,890)	(536,485)
Depreciation and amortization									(24,695)	(24,101)	(24,601)
Other interest expense, net									(48,318)	(53,377)	(46,769)
Loss and expense on debt restructure									(6,270)		(1,831)
Debt restructure									(5,052)		(1,831)
Other income (expense)										1	(35)
Income before income taxes									209,144	179,886	125,766
As Reported
Segments Information
Total segment income										245,689	186,606
Adjustment
Segments Information
Total segment income										(1,179)	(1,530)
Operating Segments
Segments Information
Total segment income									292,809	260,052	201,599
Depreciation and amortization									(24,695)	(21,870)	(23,178)
Other interest expense, net									(5,414)	(16,047)	(12,122)
Corporate, Non-Segment
Segments Information
Selling, general, and administrative expense									(4,382)	(2,689)	(2,597)
Depreciation and amortization										(2,231)	(1,423)
Other interest expense, net									(42,904)	(37,330)	(34,647)
Consumer services and plans | Operating Segments
Segments Information
Total segment income									89,046	80,522	73,515
Depreciation and amortization									(3,780)	(3,627)	(3,283)
Other interest expense, net									(19)	(32)	(62)
Retail | Operating Segments
Segments Information
Total segment income		87,741	103,351	56,041	25,203	76,568	93,544	49,195	203,763	179,530	128,084
Selling, general, and administrative expense		(186,255)	(190,323)	(160,388)	(148,994)	(174,141)	(173,565)	(138,190)		(634,890)	(536,485)
Depreciation and amortization									(20,915)	(18,243)	(19,895)
Other interest expense, net									$ (5,395)	(16,015)	(12,060)
Retail | Operating Segments | As Reported
Segments Information
Total segment income		87,003	101,877	56,871	26,718	76,423	92,861	49,687			129,600
Selling, general, and administrative expense		(188,858)	(192,947)	(163,149)	(152,064)	(176,466)	(175,686)	(140,193)		(644,409)	(544,107)
Retail | Operating Segments | Adjustment
Segments Information
Total segment income		738	1,474	(830)	(1,515)	145	683	(492)			(1,500)
Selling, general, and administrative expense		$ 2,603	$ 2,624	$ 2,761	$ 3,070	$ 2,325	$ 2,121	$ 2,003		$ 9,519	$ 7,622

Segment Information - Depreciat

Segment Information - Depreciation and Amortization (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segments Information
Depreciation and amortization	$ 24,695	$ 24,101	$ 24,601
Operating Segments
Segments Information
Depreciation and amortization	24,695	21,870	23,178
Corporate, Non-Segment
Segments Information
Depreciation and amortization		2,231	1,423
Consumer services and plans | Operating Segments
Segments Information
Depreciation and amortization	3,780	3,627	3,283
Retail | Operating Segments
Segments Information
Depreciation and amortization	$ 20,915	$ 18,243	$ 19,895

Segment Information - Other Int

Segment Information - Other Interest Expense, Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segments Information
Other interest expense, net	$ 48,318	$ 53,377	$ 46,769
Operating Segments
Segments Information
Other interest expense, net	5,414	16,047	12,122
Corporate, Non-Segment
Segments Information
Other interest expense, net	42,904	37,330	34,647
Consumer services and plans | Operating Segments
Segments Information
Other interest expense, net	19	32	62
Retail | Operating Segments
Segments Information
Other interest expense, net	$ 5,395	$ 16,015	$ 12,060

Segment Information - Assets (D

Segment Information - Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segments Information
Assets	$ 1,563,765	$ 1,338,105	$ 1,157,255
Adjustment
Segments Information
Assets		(5,913)	(5,913)
Operating Segments
Segments Information
Assets	1,387,939	1,282,980	1,084,635
Corporate, Non-Segment
Segments Information
Assets	175,826	55,125	72,620
Consumer services and plans | Operating Segments
Segments Information
Assets	152,689	139,064	138,240
Retail | Operating Segments
Segments Information
Assets	$ 1,235,250	1,143,916	946,395
Retail | Operating Segments | Adjustment
Segments Information
Assets		$ (5,900)	$ (5,900)

Segment Information - Capital E

Segment Information - Capital Expenditures (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segments Information
Capital expenditures	$ 39,782	$ 41,437	$ 34,984
Consumer services and plans
Segments Information
Capital expenditures	2,951	2,870	2,721
Retail
Segments Information
Capital expenditures	$ 36,831	$ 38,567	$ 32,263

Quarterly Financial Informat110

Quarterly Financial Information (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Quarterly Financial Information
Revenue	$ 670,032	$ 991,071	$ 1,067,855	$ 797,748	$ 647,311	$ 948,005	$ 993,446	$ 697,332	$ 3,526,706	$ 3,286,094	$ 2,634,998
Income from operations	34,235	87,741	103,351	56,041	24,457	76,221	93,891	49,941	281,368	244,510	185,076
Net income	13,635	68,416	83,406	37,780	11,999	57,650	75,212	33,669	203,237	178,530	123,626
Net income attributable to Camping World Holdings, Inc.	$ 2,059	68,416	83,406	37,780	11,999	57,650	75,212	33,669	191,661	178,530	123,626
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue									2,528,105	2,382,830	1,888,803
Selling, general, and administrative									691,884	634,890	536,485
Floor plan interest expense									(18,854)	(11,248)	(10,675)
Earnings per share of Class A common stock (1):
Basic	$ 0.11
Diluted	$ 0.09
Assets
Inventories, net	$ 909,254	802,379	908,705	1,001,633	861,847	774,059	821,204	829,331	909,254	861,847	670,893
Other assets	$ 17,931	19,049	17,747	17,351	16,573	16,571	16,644	15,546	17,931	16,573	15,124
Stockholders' equity
Members' Equity		(358,818)	(290,286)	(285,648)	(294,860)	(282,221)	(284,988)	(228,565)		(294,860)	(242,613)
As Reported
Quarterly Financial Information
Revenue										3,333,261	2,673,953
Income from operations										245,689	186,606
Net income										178,530	125,156
Net income attributable to Camping World Holdings, Inc.										178,530	125,156
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue										2,419,299	1,918,606
Floor plan interest expense										(12,427)	(10,675)
Assets
Inventories, net		808,089	915,153	1,009,555	868,939	779,636	826,926	835,736		868,939	676,806
Other assets		17,870	16,568	16,172	15,394	16,571	16,644	15,546		15,394	15,124
Stockholders' equity
Members' Equity		(354,287)	(285,017)	(278,905)	(288,947)	(276,644)	(279,266)	(222,160)		(288,947)	(236,700)	$ 375,100
Adjustment
Quarterly Financial Information
Revenue										(47,167)	(38,955)
Income from operations										(1,179)	(1,530)
Net income											(1,530)
Net income attributable to Camping World Holdings, Inc.											(1,530)
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue										(36,469)	(29,803)
Floor plan interest expense										1,179
Assets
Inventories, net		(5,710)	(6,448)	(7,922)	(7,092)	(5,577)	(5,722)	(6,405)		(7,092)	(5,913)
Other assets		1,179	1,179	1,179	1,179					1,179
Stockholders' equity
Members' Equity		(4,531)	(5,269)	(6,743)	(5,913)	(5,577)	(5,722)	(6,405)		(5,913)	(5,913)	$ (4,400)
Operating Segments
Quarterly Financial Information
Income from operations									292,809	260,052	201,599
Retail
Quarterly Financial Information
Revenue									3,341,933	3,111,494	2,472,400
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue									2,448,833	2,301,081	1,814,738
Retail | New vehicles
Quarterly Financial Information
Revenue									1,866,182	1,606,465	1,174,816
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue									1,604,534	1,379,156	1,006,389
Retail | Used vehicles
Quarterly Financial Information
Revenue									705,893	806,399	680,190
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue									555,113	646,936	546,622
Retail | Parts, services and other
Quarterly Financial Information
Revenue									540,019	507,810	482,254
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue									289,186	274,989	261,727
Retail | Finance and insurance, net
Quarterly Financial Information
Revenue									229,839	190,820	135,140
Retail | Operating Segments
Quarterly Financial Information
Revenue		991,071	1,067,855	797,748	647,311	948,005	993,446	697,332		3,111,494	2,472,400
Income from operations		87,741	103,351	56,041	25,203	76,568	93,544	49,195	$ 203,763	179,530	128,084
Net income attributable to Camping World Holdings, Inc.		68,416	83,406	37,780	11,999	57,650	75,212	33,669
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue										2,301,081	1,814,738
Selling, general, and administrative		186,255	190,323	160,388	148,994	174,141	173,565	138,190		634,890	536,485
Floor plan interest expense		(4,322)	(5,387)	(5,142)	(1,854)	(3,013)	(3,436)	(2,945)
Retail | Operating Segments | As Reported
Quarterly Financial Information
Revenue		1,005,987	1,084,431	809,676	656,408	961,966	1,007,066	707,821		3,158,661	2,511,355
Income from operations		87,003	101,877	56,871	26,718	76,423	92,861	49,687			129,600
Net income attributable to Camping World Holdings, Inc.		67,678	81,932	38,610	12,335	57,505	74,529	34,161
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue										2,337,550	1,844,541
Selling, general, and administrative		188,858	192,947	163,149	152,064	176,466	175,686	140,193		644,409	544,107
Floor plan interest expense		(4,322)	(5,387)	(5,142)	(3,033)	(3,013)	(3,436)	(2,945)
Retail | Operating Segments | Adjustment
Quarterly Financial Information
Revenue		(14,916)	(16,576)	(11,928)	(9,097)	(13,961)	(13,620)	(10,489)		(47,167)	(38,955)
Income from operations		738	1,474	(830)	(1,515)	145	683	(492)			(1,500)
Net income attributable to Camping World Holdings, Inc.		738	1,474	(830)	(336)	145	683	(492)
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue										(36,469)	(29,803)
Selling, general, and administrative		(2,603)	(2,624)	(2,761)	(3,070)	(2,325)	(2,121)	(2,003)		(9,519)	(7,622)
Floor plan interest expense					1,179
Retail | Operating Segments | New vehicles
Quarterly Financial Information
Revenue		545,154	578,289	409,476	292,821	467,709	509,231	336,704		1,606,465	1,174,816
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		471,140	495,159	350,848	251,811	402,284	434,700	290,361		1,379,156	1,006,389
Retail | Operating Segments | New vehicles | As Reported
Quarterly Financial Information
Revenue		545,231	578,728	409,504	293,048	468,084	509,641	337,017		1,607,790	1,176,838
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		474,944	499,385	351,588	252,284	405,448	438,065	291,561		1,387,358	1,012,494
Retail | Operating Segments | New vehicles | Adjustment
Quarterly Financial Information
Revenue		(77)	(439)	(28)	(227)	(375)	(410)	(313)		(1,325)	(2,022)
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		(3,804)	(4,226)	(740)	(473)	(3,164)	(3,365)	(1,200)		(8,202)	(6,105)
Retail | Operating Segments | Used vehicles
Quarterly Financial Information
Revenue		181,675	216,526	178,763	160,559	237,916	235,160	172,764		806,399	680,190
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		138,637	170,934	145,088	130,123	190,525	188,231	138,057		646,936	546,622
Retail | Operating Segments | Used vehicles | As Reported
Quarterly Financial Information
Revenue		181,820	217,358	178,816	160,621	238,018	235,271	172,849		806,759	680,786
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		140,516	174,325	146,909	130,120	192,119	190,241	139,755		652,235	551,702
Retail | Operating Segments | Used vehicles | Adjustment
Quarterly Financial Information
Revenue		(145)	(832)	(53)	(62)	(102)	(111)	(85)		(360)	(596)
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		(1,879)	(3,391)	(1,821)	3	(1,594)	(2,010)	(1,698)		(5,299)	(5,080)
Retail | Operating Segments | Parts, services and other
Quarterly Financial Information
Revenue		151,090	157,742	113,484	114,064	143,569	147,113	103,064		507,810	482,254
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		81,105	83,041	59,635	63,870	78,802	78,134	54,183		274,989	261,727
Retail | Operating Segments | Parts, services and other | As Reported
Quarterly Financial Information
Revenue		166,076	173,353	125,530	122,993	157,214	160,381	113,246		553,834	518,905
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		88,473	90,850	65,411	67,912	85,825	84,941	59,279		297,957	280,345
Retail | Operating Segments | Parts, services and other | Adjustment
Quarterly Financial Information
Revenue		(14,986)	(15,611)	(12,046)	(8,929)	(13,645)	(13,268)	(10,182)		(46,024)	(36,651)
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		(7,368)	(7,809)	(5,776)	(4,042)	(7,023)	(6,807)	(5,096)		(22,968)	(18,618)
Retail | Operating Segments | Finance and insurance, net
Quarterly Financial Information
Revenue		67,710	69,870	51,027	33,014	57,909	59,325	40,572		190,820	135,140
Retail | Operating Segments | Finance and insurance, net | As Reported
Quarterly Financial Information
Revenue		67,418	69,564	50,828	32,893	57,748	59,156	40,481		190,278	134,826
Retail | Operating Segments | Finance and insurance, net | Adjustment
Quarterly Financial Information
Revenue		$ 292	$ 306	$ 199	$ 121	$ 161	$ 169	$ 91		$ 542	$ 314

Schedule I - Condensed Finan111

Schedule I - Condensed Financial Information of Registrant - Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Assets
Cash and cash equivalents	$ 114,196	$ 92,025	$ 110,710	$ 36,505
Total current assets	1,132,705	1,050,981
Deferred tax assets, net	125,878	6,234
Total assets	1,563,765	1,338,105	1,157,255
Current liabilities:
Accrued liabilities	78,044	77,552
Current portion of liabilities under tax receivable agreement	991
Total current liabilities	865,937	863,098
Liabilities under tax receivable agreement, net of current portion	18,190
Total liabilities	1,591,980	1,632,965
Commitments and contingencies
Stockholders' equity
Preferred stock, par value $0.01 per share - 20,000,000 shares authorized; none issued and outstanding as of December 31, 2016
Additional paid-in capital	74,239
Retained earnings	544
Total stockholders' equity attributable to Camping World Holdings, Inc. / members' deficit	74,978	(294,860)
Total liabilities and stockholders' / members' equity (deficit)	1,563,765	1,338,105	$ 1,157,255
Class A common stock
Stockholders' equity
Common Stock, Value, Issued	189
Class B common stock
Stockholders' equity
Common Stock, Value, Issued	6
Class C common stock
Stockholders' equity
Common Stock, Value, Issued
Camping World Holdings, Inc
Assets
Cash and cash equivalents	2,232
Total current assets	2,232
Deferred tax assets, net	122,444
Investment in subsidiaries	(30,139)
Total assets	94,537
Current liabilities:
Accrued liabilities	110
Income tax payable	268
Current portion of liabilities under tax receivable agreement	991
Total current liabilities	1,369
Liabilities under tax receivable agreement, net of current portion	18,190
Total liabilities	19,559
Commitments and contingencies
Stockholders' equity
Preferred stock, par value $0.01 per share - 20,000,000 shares authorized; none issued and outstanding as of December 31, 2016
Additional paid-in capital	74,239
Retained earnings	544
Total stockholders' equity attributable to Camping World Holdings, Inc. / members' deficit	74,978
Total liabilities and stockholders' / members' equity (deficit)	94,537
Camping World Holdings, Inc | Class A common stock
Stockholders' equity
Common Stock, Value, Issued	189
Camping World Holdings, Inc | Class B common stock
Stockholders' equity
Common Stock, Value, Issued	6
Camping World Holdings, Inc | Class C common stock
Stockholders' equity
Common Stock, Value, Issued

Schedule I - Condensed Finan112

Schedule I - Condensed Financial Information of Registrant - Balance Sheet Additional (Details) - $ / shares	Dec. 31, 2016	Nov. 10, 2016	Oct. 06, 2016
Stockholders' equity
Preferred stock par value	$ 0.01
Preferred stock authorized	20,000,000
Preferred stock, issued	0
Preferred stock, outstanding	0
Class A common stock
Stockholders' equity
Common stock, par value	$ 0.01		$ 0.01
Common stock, authorized	250,000,000		250,000,000
Common stock, issued	18,935,916
Common stock, outstanding	18,935,916	18,935,916
Class B common stock
Stockholders' equity
Common stock, par value	$ 0.0001		$ 0.0001
Common stock, authorized	75,000,000		75,000,000
Common stock, issued	69,066,445
Common stock, outstanding	62,002,729	62,002,729
Class C common stock
Stockholders' equity
Common stock, par value	$ 0.0001		$ 0.0001
Common stock, authorized	1		1
Common stock, issued	1
Common stock, outstanding	1	1
Camping World Holdings, Inc
Stockholders' equity
Preferred stock par value	$ 0.01
Preferred stock authorized	20,000,000
Preferred stock, issued	0
Preferred stock, outstanding	0
Camping World Holdings, Inc | Class A common stock
Stockholders' equity
Common stock, par value	$ 0.01
Common stock, authorized	250,000,000
Common stock, issued	18,935,916
Common stock, outstanding	18,935,916
Camping World Holdings, Inc | Class B common stock
Stockholders' equity
Common stock, par value	$ 0.0001
Common stock, authorized	75,000,000
Common stock, issued	69,066,445
Common stock, outstanding	62,002,729
Camping World Holdings, Inc | Class C common stock
Stockholders' equity
Common stock, par value	$ 0.0001
Common stock, authorized	1
Common stock, issued	1
Common stock, outstanding	1

Schedule I - Condensed Finan113

Schedule I - Condensed Financial Information of Registrant - Statement of Income (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenue:
Total Revenue	$ 670,032	$ 991,071	$ 1,067,855	$ 797,748	$ 647,311	$ 948,005	$ 993,446	$ 697,332	$ 3,526,706	$ 3,286,094	$ 2,634,998
Operating expenses:
Selling, general, and administrative									691,884	634,890	536,485
Total operating expenses									717,233	658,754	561,119
Income from operations	34,235	87,741	103,351	56,041	24,457	76,221	93,891	49,941	281,368	244,510	185,076
Income before income taxes									209,144	179,886	125,766
Income tax expense									(5,907)	(1,356)	(2,140)
Net income attributable to Camping World Holdings, Inc.	$ 2,059	$ 68,416	$ 83,406	$ 37,780	$ 11,999	$ 57,650	$ 75,212	$ 33,669	191,661	$ 178,530	$ 123,626
Camping World Holdings, Inc
Revenue:
Intercompany revenue									1,564
Total Revenue									1,564
Operating expenses:
Selling, general, and administrative									1,564
Total operating expenses									1,564
Equity in net income of subsidiaries									(3,350)
Income before income taxes									3,350
Income tax expense									(1,291)
Net income attributable to Camping World Holdings, Inc.									$ 2,059

Schedule I - Condensed Finan114

Schedule I - Condensed Financial Information of Registrant - Statement of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operating activities
Net income	$ 2,059	$ 68,416	$ 83,406	$ 37,780	$ 11,999	$ 57,650	$ 75,212	$ 33,669	$ 191,661	$ 178,530	$ 123,626
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred tax expense (benefit)									3,765	(181)	1,175
Change in assets and liabilities, net of acquisitions:
Net cash provided by operating activities									223,710	112,143	44,064
Investing activities
Net cash used in investing activities									(115,703)	(176,200)	(50,225)
Financing activities
Proceeds from issuance of Class A common stock sold in an initial pubic offering net of underwriter discounts and commissions									234,185
Proceeds from issuance of Class B common stock									7
Dividends on Class A common stock									(1,515)
Net cash (used in) provided by financing activities									(85,836)	45,372	80,366
Increase (decrease) in cash									22,171	(18,685)	74,205
Cash at beginning of year				$ 92,025				$ 110,710	92,025	110,710	36,505
Cash at end of year	114,196				$ 92,025				114,196	$ 92,025	$ 110,710
Camping World Holdings, Inc
Operating activities
Net income									2,059
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in net income of subsidiaries									3,350
Deferred tax expense (benefit)									965
Change in assets and liabilities, net of acquisitions:
Accrued expenses									(471)
Income taxes payable									684
Net cash provided by operating activities									(113)
Investing activities
Purchases of LLC Interest from CWGS, LLC									(243,845)
Distributions received from CWGS, LLC									3,889
Net cash used in investing activities									(239,956)
Financing activities
Proceeds from issuance of Class A common stock sold in an initial pubic offering net of underwriter discounts and commissions									243,809
Proceeds from issuance of Class B common stock									7
Dividends on Class A common stock									(1,515)
Net cash (used in) provided by financing activities									242,301
Increase (decrease) in cash									2,232
Cash at end of year	$ 2,232								$ 2,232

Schedule I - Condensed Finan115

Schedule I - Condensed Financial Information of Registrant - Notes to Condensed Financial Statements (Details) - USD ($) $ / shares in Units, $ in Thousands	Nov. 09, 2016	Nov. 04, 2016	Oct. 13, 2016	Oct. 06, 2016	Dec. 31, 2016
IPO
Proceeds from IPO					$ 234,185
Camping World Holdings, Inc
IPO
Proceeds from IPO					243,809
Basis of Presentation
Intercompany revenue					1,564
Equity in net income of subsidiaries					3,350
Amount due related to tax receivable agreement					$ 19,200
Commitments and Contingencies
Expected future payment, as percent of tax benefits (as a percent)				85.00%
Class A common stock
IPO
Shares issued (in shares)					11,872,000
Class A common stock | IPO
IPO
Shares issued (in shares)			11,363,636
Shares price (in dollars per share)			$ 22
Proceeds from IPO			$ 233,400
Class A common stock | IPO | Camping World Holdings, Inc
IPO
Shares issued (in shares)			11,872,200
Shares price (in dollars per share)			$ 22
Proceeds from IPO			$ 243,800
Class A common stock | Over-Allotment Option
IPO
Shares issued (in shares)	508,564
Proceeds from IPO	$ 10,400
Class A common stock | Over-Allotment Option | Camping World Holdings, Inc
IPO
Shares issued (in shares)		508,564

Schedule II - Valuation and 116

Schedule II - Valuation and Qualifying Accounts - (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accounts receivable allowance
Valuation allowance and reserves
Balance at Beginning of Period	$ 8,370	$ 5,748	$ 6,290
Additions Charged to Expense	1,332	2,180	1,192
Charged to Other Accounts	12,960	13,505	10,722
Charges Utilized (Write-off)	(13,909)	(13,063)	(12,456)
Balance at End of Period	8,753	8,370	5,748
Noncurrent other assets allowance
Valuation allowance and reserves
Balance at Beginning of Period	4,554	3,081
Charged to Other Accounts	3,209	2,826	3,914
Charges Utilized (Write-off)	(2,026)	(1,353)	(833)
Balance at End of Period	$ 5,737	$ 4,554	$ 3,081

Schedule II - Valuation and 117

Schedule II - Valuation and Qualifying Accounts Deferred Tax Assets - (Details) - Valuation allowance for deferred tax assets - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Valuation allowance and reserves
Balance at Beginning of Period	$ 42,504	$ 41,769	$ 42,165
Tax Valuation Allowance Charged to Income Tax Provision	1,049	735
Tax Valuation Allowance Credited to Income Tax Provision			(396)
Balance at End of Period	$ 43,553	$ 42,504	$ 41,769