Camping World (CWH) 10-K 15 Mar 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Mar. 07, 2019	Jun. 30, 2018
Entity Registrant Name	Camping World Holdings, Inc.
Entity Central Index Key	0001669779
Document Type	10-K
Document Period End Date	Dec. 31, 2018
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	Large Accelerated Filer
Entity Public Float			$ 814,841,000
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Class A common stock
Entity Common Stock, Shares Outstanding		37,193,195
Class B common stock
Entity Common Stock, Shares Outstanding		50,706,629
Class C common stock
Entity Common Stock, Shares Outstanding		1

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 138,557	$ 224,163
Contracts in transit	53,214	46,227
Accounts receivable, less allowance for doubtful accounts of $4,398 and $2,700 in 2018 and 2017, respectively	85,711	79,881
Inventories	1,558,970	1,415,915
Prepaid expenses and other assets	51,710	41,138
Total current assets	1,888,162	1,807,324
Property and equipment, net	359,855	198,022
Deferred tax assets, net	145,943	152,683
Intangible assets, net	35,284	38,707
Goodwill	359,117	348,387
Other assets	18,326	21,903
Total assets	2,806,687	2,567,026
Current liabilities:
Accounts payable	144,808	125,616
Accrued liabilities	124,619	101,929
Deferred revenues and gains	88,054	77,669
Current portion of capital lease obligations	23	844
Current portion of Tax Receivable Agreement liability	9,446	8,906
Current portion of long-term debt	12,977	9,465
Notes payable - floor plan, net	885,980	974,043
Other current liabilities	39,211	32,662
Total current liabilities	1,305,118	1,331,134
Capital lease obligations, net of current portion		23
Right to use liability	5,147	10,193
Tax Receivable Agreement liability, net of current portion	124,763	130,826
Revolving line of credit	38,739
Long-term debt, net of current portion	1,152,888	907,437
Deferred revenues and gains	67,157	64,061
Other long-term liabilities	79,958	51,589
Total liabilities	2,773,770	2,495,263
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, 2018 and December 31, 2017
Additional paid-in capital		42,520
Retained (deficit) earnings	(3,370)	7,619
Total stockholders' equity attributable to Camping World Holdings, Inc.	44,538	50,511
Non-controlling interests	(11,621)	21,252
Total stockholders' equity	32,917	71,763
Total liabilities and stockholders' equity	2,806,687	2,567,026
Class A common stock
Stockholders' equity:
Common stock	372	367
Total stockholders' equity	372	367
Class B common stock
Stockholders' equity:
Common stock	5	5
Total stockholders' equity	5	5
Class C common stock
Stockholders' equity:
Common stock
Additional paid-in capital	$ 47,531	$ 42,520

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Stockholders' equity (deficit)
Allowance for doubtful accounts	$ 4,398	$ 2,700
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, authorized	20,000,000	20,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Class A common stock
Stockholders' equity (deficit)
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized	250,000,000	250,000,000
Common stock, issued	37,278,690	36,758,233
Common stock, outstanding	37,192,364	36,749,072
Class B common stock
Stockholders' equity (deficit)
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, authorized	75,000,000	75,000,000
Common stock, issued	69,066,445	69,066,445
Common stock, outstanding	50,706,629	50,836,629
Class C common stock
Stockholders' equity (deficit)
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, authorized	1	1
Common stock, issued	1	1
Common stock, outstanding	1	1

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenue:
Total revenue		$ 4,792,017	$ 4,279,830	$ 3,516,307
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		3,429,085	3,038,916	2,522,574
Operating expenses:
Selling, general, and administrative		1,069,359	853,160	691,884
Debt restructure expense		380	387	1,218
Depreciation and amortization		49,322	31,545	24,695
Goodwill impairment		40,046
Loss (gain) on sale of assets		2,810	(133)	(564)
Total operating expenses		1,161,917	884,959	717,233
Income from operations		201,015	355,955	276,500
Other income (expense):
Floor plan interest expense		(38,315)	(27,690)	(18,854)
Other interest expense, net		(63,329)	(42,959)	(48,318)
Loss on debt restructure		(1,676)	(462)	(5,052)
Tax Receivable Agreement liability adjustment		(1,324)	100,758
Total other income (expense)		(104,644)	29,647	(72,224)
Income before income taxes		96,371	385,602	204,276
Income tax expense		(30,790)	(154,910)	(5,800)
Net income		65,581	230,692	198,476
Less: net income attributable to non-controlling interests		(55,183)	(200,839)	(9,591)
Net income attributable to Camping World Holdings, Inc.		10,398	$ 29,853	$ 188,885
Earnings per share of Class A common stock:
Basic			$ 1.12	$ 0.08
Diluted			$ 1.12	$ 0.07
Class A common stock
Other income (expense):
Net income		65,581	$ 230,692	$ 11,113
Less: net income attributable to non-controlling interests		$ (55,183)	$ (200,839)	$ (9,591)
Earnings per share of Class A common stock:
Basic	[1]	$ 0.28	$ 1.12	$ 0.08
Diluted	[1]	$ 0.28	$ 1.12	$ 0.07
Weighted average shares of Class A common stock outstanding:
Basic		36,985	26,622	18,766
Diluted		88,878	26,622	83,602
New vehicles
Revenue:
Total revenue		$ 2,512,854	$ 2,435,928	$ 1,862,195
Used vehicles
Revenue:
Total revenue		732,017	668,860	703,326
Dealership parts, services and other
Revenue:
Total revenue		279,438	246,898	220,422
Finance and insurance, net
Revenue:
Total revenue		383,711	326,609	225,994
Consumer services and plans
Revenue:
Total revenue		214,052	195,614	184,773
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		86,687	81,822	79,272
Dealership
Revenue:
Total revenue			3,694,928	3,024,358
Other income (expense):
Income before income taxes			290,607	198,840
Dealership | New vehicles
Revenue:
Total revenue		2,512,854	2,435,928	1,862,195
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		2,188,735	2,086,229	1,596,863
Dealership | Used vehicles
Revenue:
Total revenue		732,017	668,860	703,326
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		568,400	506,093	557,253
Dealership | Dealership parts, services and other
Revenue:
Total revenue		279,438	246,898	220,422
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		140,076	128,851	112,513
Dealership | Finance and insurance, net
Revenue:
Total revenue		383,711	326,609	225,994
Retail
Revenue:
Total revenue		669,945	405,921	319,597
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue		445,187	$ 235,921	$ 176,673
Operating expenses:
Goodwill impairment		$ 40,046
[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.

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' and Members' Equity (Deficit) - USD ($) $ in Thousands		Member Unit	Members' Deficit	Additional Paid-in Capital	Retained Earnings (Deficit)	Non-controlling Interest	Class A common stock	Class B common stock	Class C common stock	Total
Increase (Decrease) in Members' Equity (Deficit)
Membership units, issued (in shares)		155,559,000
Balance at Dec. 31, 2015			$ (321,445)							$ (321,445)
Increase (Decrease) in Members' Equity (Deficit)
Net income prior to the Reorganization Transactions (Restated)			187,363							187,363
Membership units redeemed prior to the Reorganization Transactions			(17,000)							(17,000)
Membership units redeemed prior to the Reorganization Transactions (in shares)		(1,763,000)
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 (Restated)			$ 386,893	$ (23,504)		$ (348,885)	$ 71	$ 6		14,581
Effect of the Reorganization Transactions (Restated) (in shares)		(153,796,000)					7,064,000	62,003,000
Issuance of Class A common stock sold in a public offering, net of underwriting discounts, commissions and offering costs				233,958			$ 118			234,076
Issuance of Class A common stock sold in a 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 a public offering				(234,486)		234,486
Equity-based compensation recognized subsequent to Reorganization Transactions				648						648
Distributions to holders of LLC common units						(21,223)				(21,223)
Dividends subsequent to the Reorganization Transactions	[1]				$ (1,515)					(1,515)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability				(11,794)						(11,794)
Non-controlling interest adjustment				1,452		(1,452)
Net income subsequent to the Reorganization Transactions					1,522	9,591				11,113
Net income							$ 11,113			198,476
Balance at Dec. 31, 2016				(33,726)	7	(127,483)	$ 189	$ 6		(161,007)
Balance (in shares) at Dec. 31, 2016							18,936,000	62,003,000
Increase (Decrease) in Members' Equity (Deficit)
Issuance of Class A common stock sold in a public offering, net of underwriting discounts, commissions and offering costs				121,203			$ 46			121,249
Issuance of Class A common stock sold in a public offering, net of underwriting discounts, commissions and offering costs (in shares)							4,600,000
Non-controlling interest adjustment for purchase of common units from CWGS, LLC with proceeds from a public offering				(87,203)		87,203
Non-controlling interest adjustment for capital contribution of Class A common stock for an acquisition by a subsidiary				(3,678)		3,678
Issuance of Class A common stock for an acquisition by a subsidiary				5,719			$ 1			5,720
Issuance of Class A common stock for an acquisition by a subsidiary (in shares)							164,000
Equity-based compensation				5,109						5,109
Exercise of stock options				1,731			$ 1			1,732
Exercise of stock options (in shares)							80,000
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options				(970)		970
Vesting of restricted stock units				257		(257)
Vesting of restricted stock units (in shares)							33,000
Repurchases of Class A common stock for withholding taxes on vested RSUs				(368)						(368)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares)							(9,000)
Redemption of LLC common units for Class A common stock				177,747		(881)	$ 130	$ (1)		176,995
Redemption of LLC common units for Class A common stock (in shares)							12,945,000	(11,166,000)
Distributions to holders of LLC common units						(149,633)				(149,633)
Dividends	[1]				(22,241)					(22,241)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability				(136,485)						(136,485)
Non-controlling interest adjustment				(6,816)		6,816
Net income					29,853	200,839	$ 230,692			230,692
Balance at Dec. 31, 2017				42,520	7,619	21,252	$ 367	$ 5		71,763
Balance (in shares) at Dec. 31, 2017							36,749,072	50,836,629	1
Increase (Decrease) in Members' Equity (Deficit)
Equity-based compensation				14,088						14,088
Exercise of stock options				149						149
Exercise of stock options (in shares)							7,000
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options				(86)		86
Vesting of restricted stock units				881		(884)	$ 3
Vesting of restricted stock units (in shares)							298,000
Repurchases of Class A common stock for withholding taxes on vested RSUs				(1,364)			$ (1)			(1,365)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares)							(77,000)
Disgorgement of short-swing profits by Section 16 officer				557						557
Redemption of LLC common units for Class A common stock				4,536		(153)	$ 3			4,386
Redemption of LLC common units for Class A common stock (in shares)							215,000	(130,000)
Distributions to holders of LLC common units						(101,755)				(101,755)
Dividends	[1]				(22,697)					(22,697)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability				(1,576)						(1,576)
Non-controlling interest adjustment				(12,174)		12,174
Net income					10,398	55,183	$ 65,581			65,581
Balance at Dec. 31, 2018				$ 47,531	(3,370)	(11,621)	$ 372	$ 5		32,917
Balance (in shares) at Dec. 31, 2018							37,192,364	50,706,629	1
Increase (Decrease) in Members' Equity (Deficit)
Adoption of accounting standard (see Note 1 - Summary of Significant Accounting Policies) | ASU 2014-09					$ 1,310	$ 2,476				$ 3,786
[1]	The Company declared dividends per share of Class A common stock of $0.61, $0.74, and $0.08 per share in 2018, 2017, and 2016, respectively.

Consolidated Statements of St_2

Consolidated Statements of Stockholders' and Members' Equity (Deficit) (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Class A common stock
Dividends declared per share	$ 0.61	$ 0.74	$ 0.08

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Operating activities
Net income	$ 65,581	$ 230,692	$ 198,476
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	49,322	31,545	24,695
Equity-based compensation	14,088	5,109	1,597
Loss on debt restructure	1,676	462	5,052
Goodwill impairment	40,046
Loss (gain) on sale of assets	2,810	(133)	(564)
Provision for losses on accounts receivable	2,444	839	1,332
Accretion of original debt issuance discount	1,034	942	1,127
Non-cash interest	5,068	4,360	4,543
Deferred income taxes	11,364	130,966	3,658
Tax Receivable Agreement liability adjustment	1,324	(100,758)
Change in assets and liabilities, net of acquisitions:
Receivables and contracts in transit	(16,550)	(38,019)	(10,932)
Inventories	(99,610)	(342,780)	(30,964)
Prepaid expenses and other assets	(8,290)	(20,244)	(4,625)
Checks in excess of bank balance	3,942	6,585	(7,478)
Accounts payable and other accrued expenses	45,230	52,155	13,915
Payment pursuant to Tax Receivable Agreement	(8,914)	(203)
Accrued rent for cease-use locations	(488)	(91)	945
Deferred revenue and gains	12,448	12,943	6,143
Other, net	13,767	9,315	8,855
Net cash provided by (used in) operating activities	136,292	(16,315)	215,775
Investing activities
Purchases of property and equipment	(133,557)	(59,559)	(39,866)
Purchase of real property	(120,802)	(21,212)	(17,077)
Proceeds from the sale of real property	56,932	6,000	15,892
Purchases of businesses, net of cash acquired	(99,240)	(392,956)	(78,606)
Proceeds from sale of property and equipment	3,978	795	3,870
Purchase of intangible assets		(1,523)
Net cash used in investing activities	(292,689)	(468,455)	(115,787)
Financing activities
Proceeds from long-term debt	329,775	299,246	188,137
Payments on long-term debt	(82,820)	(7,916)	(288,520)
Net (payments) borrowings on notes payable - floor plan, net	(85,446)	358,478	34,785
Borrowings on revolving line of credit	45,164		12,000
Payments on revolver	(6,425)		(12,000)
Payments of principal on capital lease obligations	(844)	(1,198)	(1,465)
Payments of principal on right to use liability	(161)	(150)	(200)
Payment of debt issuance costs	(3,345)	(4,604)	(7,085)
Dividends on Class A common stock	(22,697)	(22,241)	(1,515)
Proceeds from exercise of stock options	153	1,728
RSU shares withheld for tax	(1,365)	(368)
Disgorgement of short-swing profits by Section 16 officer	557
Members' distributions	(101,755)	(149,633)	(236,145)
Net cash (used in) provided by financing activities	70,791	594,737	(77,817)
Increase (decrease) in cash and cash equivalents	(85,606)	109,967	22,171
Cash and cash equivalents at beginning of the period	224,163	114,196	92,025
Cash and cash equivalents at end of period	138,557	224,163	114,196
Class A common stock
Operating activities
Net income	$ 65,581	230,692	11,113
Financing activities
Proceeds from issuance of Class A common stock sold in an initial public offering net of underwriter discounts and commissions			234,185
Proceeds from issuance of Class A common stock sold in a public offering net of underwriter discounts, commissions and offering expenses		$ 121,395	$ 6

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
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”). All intercompany accounts and transactions of the Company and its subsidiaries have been eliminated in consolidation. 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, 2018, 2017 and 2016, CWH owned 41.9%, 41.5% and 22.6%, respectively, of CWGS, LLC. Accordingly, the Company consolidates the financial results of CWGS, LLC and reports 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 the periods prior to the IPO and related Reorganization Transactions have been adjusted to combine the previously separate entities for presentation purposes. 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 CWGS, LLC is a holding company and operates through its subsidiaries. The Company realigned the structure of its internal organization during the three months ended September 30, 2018 in a manner that caused the composition of its reportable segments to change to the following three segments: (i) Consumer Services and Plans, (ii) Dealership, and (iii) Retail. The Company’s reportable segment financial information has been recast to reflect the updated reportable segment structure for all periods presented. See Note 22 to Consolidated Financial Statements for further information about the Company’s segments. The Company primarily provides Consumer Services and Plans offerings under its Good Sam brand, its Dealership offerings under its Camping World brand, and its Retail products primarily under the Camping World and Gander Outdoors brands. 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 Dealership segment, the Company primarily derives revenue from the sale of new and used recreational vehicles (“RVs”), sale of RV parts, services and other, and commissions on the related finance and insurance contracts. Within the Retail segment, the Company primarily derives revenue from the sale of the following: products, parts, accessories, supplies and service for RVs, and equipment, gear and supplies for camping, hunting, fishing, skiing, snowboarding, bicycling, skateboarding, marine and watersport and other outdoor activities. As noted above, both the Dealership and Retail segments derive revenue from the sale of parts, services and other revenues since certain retail locations without associated dealerships have the capability to perform RV repair and maintenance services. Additionally, certain RV parts and accessories can be sold to customers at a dealership or retail location. The revenues and related costs of revenues for these parts and services are recorded in the segment that enters into the transaction with the customer, either Dealership or Retail. The Company primarily operates in various regions throughout the United States and markets its products and services to RV owners and outdoor enthusiasts. Through dealership acquisitions, retail expansions and the opening of new greenfield locations, we have expanded our number of retail locations to 227 on December 31, 2018 from 153 on December 31, 2017. The table below summarizes our store locations as of December 31, 2018, 2017 and 2016: 2018 2017 2016 Co-habited Dealership and Retail locations 126 116 104 Stand-alone Dealership locations 15 8 1 Stand-alone Retail locations 86 29 17 Total locations 227 153 122 Revisions for Correction of Immaterial Errors The Company corrected for errors that were immaterial to previously-reported consolidated financial statements. These errors were identified in connection with the preparation of the financial statements for the year ended December 31, 2018, and related primarily to i) the cancellation reserve for certain of its finance and insurance offerings within the Dealership segment in other current liabilities and other long-term liabilities, ii) the calculation of the Tax Receivable Agreement liability that arose from transactions in 2017, iii) the classification in the consolidated statements of cash flows of non-cash capital expenditures included in accounts payable and non-cash leasehold improvements paid by lessor in other, net, iv) the adoption of Accounting Standards Codification (“ASC”) No. 606, Revenue from Contracts with Customers (“ASC 606”) on January 1, 2018, and v) certain disclosures described in Note 5 — Property and Equipment, net and Note 6 — Goodwill and Intangible Assets. The Company evaluated the materiality of these errors both qualitatively and quantitatively in accordance with Staff Accounting Bulletin (“SAB”) No. 99, Materiality, and SAB No. 108, Considering the Effects of Prior Year Misstatements When Quantifying Misstatements in Current Year Financial Statements, and determined the effect of these corrections was not material to the previously issued financial statements. However, correcting the cumulative error during the year ended December 31, 2018 would have been material to the current period. Therefore, the amounts in the previous periods have been revised to reflect the correction of these errors. Additionally, the Company revised members’ equity (deficit) as of January 1, 2016, to correct these errors as of the beginning of the earliest year presented in these consolidated financial statements, resulting in an increase of $14.2 million from the previously reported amount of $307.2 million to the corrected amount of $321.4 million. The consolidated Statements of Stockholders’ and Members’ Equity for the years ended December 31, 2017 and 2016 have also been revised to include the changes to net income and additional paid-in capital as noted below. The following table presents the effect of the error correction on the Company’s consolidated balance sheet for the period indicated: As of December 31, 2017 ($ in thousands) As Reported Adjustment As Corrected Prepaid expenses and other assets $ 32,721 $ 8,417 $ 41,138 Total current assets 1,798,907 8,417 1,807,324 Deferred tax assets, net 155,551 (2,868) 152,683 Total assets 2,561,477 5,549 2,567,026 Current portion of Tax Receivable Agreement liability 8,093 813 8,906 Other current liabilities 22,510 10,152 32,662 Total current liabilities 1,320,169 10,965 1,331,134 Tax Receivable Agreement liability, net of current portion 129,596 1,230 130,826 Other long-term liabilities 39,161 12,428 51,589 Total liabilities 2,470,640 24,623 2,495,263 Additional paid-in capital 49,941 (7,421) 42,520 Retained earnings 6,192 1,427 7,619 Total stockholders' equity attributable to Camping World Holdings, Inc. 56,505 (5,994) 50,511 Non-controlling interests 34,332 (13,080) 21,252 Stockholders' equity (deficit) 90,837 (19,074) 71,763 Total liabilities and stockholders' equity 2,561,477 5,549 2,567,026 The following table presents the effect of the error corrections on the consolidated statements of income for the periods indicated: Year Ended December 31, 2017 Year Ended December 31, 2016 ($ in thousands except per share amounts) As Reported Adjustment As Corrected As Reported Adjustment As Corrected Revenue: Finance and insurance, net $ 332,034 $ (5,425) $ 326,609 $ 228,684 $ (2,690) $ 225,994 Total revenue 4,285,255 (5,425) 4,279,830 3,518,997 (2,690) 3,516,307 Income from operations 361,380 (5,425) 355,955 279,190 (2,690) 276,500 Tax Receivable Agreement liability adjustment 99,687 1,071 100,758 — — — Income before income taxes 389,956 (4,354) 385,602 206,966 (2,690) 204,276 Income tax expense (156,982) 2,072 (154,910) (5,907) 107 (5,800) Net income 232,974 (2,282) 230,692 201,059 (2,583) 198,476 Net income attributable to non-controlling interests (204,612) 3,773 (200,839) (9,942) 351 (9,591) Net income attributable to Camping World Holdings, Inc. 28,362 1,491 29,853 191,117 (2,232) 188,885 Earnings per share of Class A common stock: Basic $ 1.07 $ 0.05 $ 1.12 $ 0.08 $ — $ 0.08 Diluted $ 1.07 $ 0.05 $ 1.12 $ 0.07 $ — $ 0.07 The following table presents the effect of the error corrections on the consolidated statements of cash flows for the periods indicated: Year Ended December 31, 2017 Year Ended December 31, 2016 ($ in thousands except per share amounts) As Reported Adjustment As Corrected As Reported Adjustment As Corrected Net income $ 232,974 $ (2,282) $ 230,692 $ 201,059 $ (2,583) $ 198,476 Adjustments to reconcile net income to net cash used in operating activities: Deferred income taxes 124,622 6,344 130,966 3,765 (107) 3,658 Tax Receivable Agreement liability adjustment (99,687) (1,071) (100,758) — — — Prepaid expenses and other assets (11,827) (8,417) (20,244) (4,625) — (4,625) Accounts payable and other accrued expenses 53,646 (1,491) 52,155 12,310 1,605 13,915 Other, net 9,619 (304) 9,315 7,686 1,169 8,855 Net cash provided by (used in) operating activities (9,094) (7,221) (16,315) 215,691 84 215,775 Cash flows from investing activities: Purchases of property and equipment (66,780) 7,221 (59,559) (39,782) (84) (39,866) Net cash used in investing activities (475,676) 7,221 (468,455) (115,703) (84) (115,787) The impact of these error corrections to relevant segment and quarterly financial information is presented in Notes 22 and 23 to these consolidated financial statements, respectively. 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 the reported amounts of revenue and expenses during the reporting period. Actual results may differ from those 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 evaluates estimates and assumptions used in the preparation of the financial statements and makes 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, 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. 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. These retail installment sales contracts are typically funded within ten days of the initial approval of the retail installment sales contract by the third-party lender. 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, 2018 and 2017 was approximately $142.2 million and $227.9 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 Dealership inventories consist primarily of new and used recreational vehicles 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. Dealership 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 cost or net realizable value. The cost of Retail inventory consists of the direct cost of the merchandise including freight. 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 40 Leasehold improvements 3 - 40 Furniture, fixtures and equipment 3-12 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 6 – Goodwill and Intangible Assets). Finite‑lived intangibles are recorded at cost, net of accumulated amortization and, if applicable, impairment charges. As of December 31, 2018, the approximate weighted average useful lives of our Consumer Services and Plans finite‑lived intangible assets are as follows: membership and customer lists – 5.3 years. The approximate weighted average useful lives of our Retail finite‑lived intangible assets are as follows: customer lists and domain names – 4.6 years, trademarks and trade names – 15.0 years, and websites – 8.4 years. The weighted-average useful life of all our finite-lived intangible assets is approximately 12.3 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 $15.7 million and $16.1 million at December 31, 2018 and 2017, 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, 2018 and 2017, these letters of credit were approximately $14.0 million and $12.2 million, respectively. This includes $10.4 million and $8.9 million as of December 31, 2018 and 2017, respectively, issued under the FreedomRoads, LLC Floor Plan Facility (see Note 4 — Inventories and Notes Payable — Floor Plan, net), and the balance issued under the Company’s Senior Secured Credit Facilities (see Note 8 — 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 For periods after the adoption of ASC 606 on January 1, 2018 (see Note 2 — Revenue): Revenues are recognized by the Company when control of the promised goods or services is transferred to its customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. Sales and other taxes collected from the customer concurrent with revenue-producing activities are excluded from revenue. Incidental items that are immaterial in the context of the contract are recognized as expense. The Company’s contracts with customers may include multiple performance obligations. For such arrangements, the Company allocates revenue to each performance obligation based on its relative stand-alone selling price. The Company generally determines stand-alone selling prices based on the prices charged to customers or using the adjusted market assessment approach. The Company presents disaggregated revenue on its consolidated statements of operations. Consumer Services and Plans revenue consists of revenue from club memberships, 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 contractual 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 spending with such third-party credit card provider and for acquiring new cardholders. Marketing fees for finance, insurance, extended service and other similar products are recognized as variable consideration, net of estimated cancellations, if applicable, when a product contract payment has been received or financing has been arranged. These marketing fees are recorded net as the Company acts as an agent in the transaction. The related estimate for cancellations on the marketing fees for multi-year finance and insurance products utilize actuarial analysis to estimate the exposure. Promotional expenses consist primarily of direct mail advertising expenses and renewal expenses and are expensed at the time related materials are mailed. Newsstand sales of publications and related expenses are recorded as variable consideration at the time of delivery, net of estimated 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. Revenue and related expenses for consumer shows are recognized when the show occurs. Dealership revenue consists of sales of new and used recreational vehicles, sales of RV parts and services, and commissions on the related finance and insurance contracts. Revenue from the sale of recreational vehicles is recognized upon completion of the sale to the customer. Conditions to completing a sale include having an agreement with the customer, including pricing, whereby the sales price must be reasonably expected to be collected and having control transferred to the customer. Revenue from Dealership parts, services and other products sales is recognized over time as work is completed, and when parts are delivered to our customers. For service and parts revenues recorded over time, the Company utilizes a method that considers total costs incurred to date and the applicable margin in relation to total expected efforts to complete our performance obligation in order to determine the appropriate amount of revenue to recognize over time. Finance and insurance revenue is recorded net, since the Company is acting as an agent in the transaction, and 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. These proceeds are recorded as variable consideration, net of estimated chargebacks. Retail revenue consists of sales of products, parts and services and other products, including RV accessories and supplies, and camping, hunting, fishing, skiing, snowboarding, bicycling, skateboarding, marine and watersport equipment and supplies. Revenue from products, parts, and services sales is recognized over time as work is completed, and when parts are delivered to our customers. For service and parts revenues recorded over time, the Company utilizes a method that considers total costs incurred to date and the applicable margin in relation to total expected efforts to complete our performance obligation in order to determine the appropriate amount of revenue to recognize over time. E-commerce sales are recognized when the product is shipped and recorded as variable consideration, net of anticipated merchandise returns which reduce revenue and cost of sales in the period that the related sales are recorded. For periods prior to the adoption of ASC 606 on January 1, 2018 (see Note 2 — Revenue): 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. Sales and other taxes collected from the customer concurrent with revenue-producing activities are excluded from revenue. Consumer Services and Plans revenue consists of 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. RA revenues are deferred and recognized over the life of the membership. RA claim expenses are recognized when incurred. Certain Consumer Services and Plans memberships may be sold bundled with a merchandise certificate to a Camping World retail location. The selling price of the membership is typically determined based on vendor specific objective evidence (“VSOE”) or, in the absence of VSOE, the selling price is determined by management's best estimate of selling price, which considers market and economic conditions, internal costs, pricing, and discounting practices. The selling price of the merchandise certificate is determined based management’s best estimated selling price, which considers the face value of the discount provided by the merchandise certificate and adjusts for the likelihood that the merchandise certificate will be redeemed. The bundled price is then allocated between the membership and merchandise certificate based on their relative selling prices. Royalty revenue is earned under the terms of an arrangement with a third party credit card provider based on a percentage of our 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. These marketing fees are recorded net as the Company acts as an agent in the transaction. The related estimate for cancellations on the marketing fees for multi-year finance and insurance products utilize actuarial analysis to estimate the exposure. 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 vehicles, commissions on related finance and insurance contracts, and sales of parts, services and other products. Revenue from the sale of vehicles 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 when products are sold in the retail stores, shipped for mail and internet orders, or upon 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 we receive 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, 2017, $6.5 million of advertising expenses were capitalized as direct response advertising, of which $5.2 million was reported as assets and $1.2 million was reported net of related deferred revenue. As of January 1, 2018, the Company implemented ASC 606, which removed the guidance for capitalization of direct response advertising that is now expensed as incurred. Other advertising expenses were expensed as incurred. Advertising expenses for the years ended December 31, 2018, 2017 and 2016 were $112.4 million, $86.6 million and $76.0 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, 2018, 2017, and 2016, $4.9 million, $4.1 million, and $2.3 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 asset and 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 adjust

Revenue

Revenue	12 Months Ended
	Dec. 31, 2018
Revenue
Revenue	2. Revenue Adoption of ASC 606, Revenue from Contracts with Customers On January 1, 2018, the Company adopted ASC 606 using the modified retrospective method applied to those contracts that were not completed as of January 1, 2018. Results for reporting periods beginning after January 1, 2018 are presented under ASC 606, while prior period amounts are not adjusted and continue to be reported in accordance with the Company’s historical accounting under ASC 605. The following table details the cumulative effect of the changes made to the consolidated January 1, 2018 balance sheet for the adoption of ASC 606 (in thousands): Balance at Adjustments Balance at December 31, Due to January 1, 2017 ASU 2014-09 2018 Assets Accounts receivable, net $ 79,881 $ (1,489) $ 78,392 Inventories 1,415,915 (5,142) 1,410,773 Prepaid expenses and other assets 41,138 4,508 45,646 Deferred tax assets, net 152,683 (303) 152,380 Other assets 21,903 (4,051) 17,852 Liabilities Accrued liabilities 101,929 (6,598) 95,331 Deferred revenues and gains, current 77,669 857 78,526 Deferred revenues and gains, non-current 64,061 (471) 63,590 Other long-term liabilities 51,589 (4,051) 47,538 Equity Retained earnings 7,619 1,310 8,929 Non-controlling interests 21,252 2,476 23,728 The adjustments above related primarily to i) the deferral of sales commissions expenses relating to multiyear consumer services and plans and the recording of such expenses over the same period as the recognition of the related revenues, ii) adjustment of recognition period of RV service revenue from point-in-time to over time, iii) adjustment of capitalized direct-response advertising to expense when the advertising is mailed instead of over the expected benefit period, iv) reclassification of estimated product returns from inventory to prepaid expenses and other assets, v) reclassification of expected refunds previously included in deferred revenues and gains to accrued liabilities, and vi) reclassification and adjustment of the point obligation for the Coast to Coast service from accrued liabilities to deferred revenues and gains. The following table details the impact of the adoption of ASC 606 on the consolidated balance sheet as of December 31, 2018 (in thousands): December 31, 2018 As Balances Without Effect of Change Reported Adoption of ASC 606 Higher/(Lower) Assets Accounts receivable, net $ 85,711 $ 88,966 $ (3,255) Inventories 1,558,970 1,567,409 (8,439) Prepaid expenses and other assets 51,710 42,823 8,887 Deferred tax assets, net 145,943 146,246 (303) Other assets 18,326 23,515 (5,189) Liabilities Accrued liabilities 124,619 131,671 (7,052) Deferred revenues and gains, current 88,054 87,806 248 Deferred revenues and gains, non-current 67,157 68,312 (1,155) Other long-term liabilities 79,958 85,147 (5,189) Equity Retained earnings (3,370) (5,051) 1,681 Non-controlling interests (11,621) (14,789) 3,168 The following table details the impact of the adoption of ASC 606 on the consolidated statement of operations for the year ended December 31, 2018 (in thousands): Year Ended December 31, 2018 Balances Without Effect of Change As Reported Adoption of ASC 606 Higher/(Lower) Revenue Consumer services and plans $ 214,052 $ 214,112 $ (60) Dealership parts, services and other 279,438 279,493 (55) Retail 669,945 669,896 49 Costs applicable to revenue Consumer services and plans 86,687 87,268 (581) Dealership parts, services and other 140,076 140,083 (7) Retail 445,187 445,158 29 Operating and income tax expenses Selling, general, and administrative 1,069,359 1,070,053 (694) Income tax expense 30,790 30,666 124 Net income Net income 65,581 64,518 1,063 Less: net income attributable to non-controlling interests (55,183) (54,491) (692) Net income attributable to Camping World Holdings, Inc. 10,398 10,027 371 For the year ended December 31, 2018, basic and diluted earnings per share of Class A common stock would have been $0.27 per share without the adoption of ASC 606 compared to the as-reported amount of $0.28 per share. Contract Assets As of December 31, 2018 and January 1, 2018, a contract asset of $6.3 million relating to RV service revenues was included in accounts receivable in the accompanying consolidated balance sheet. As of December 31, 2018 and January 1, 2018, the Company had capitalized costs to acquire a contract consisting of $6.0 million and $4.4 million, respectively, from the deferral of sales commissions expenses relating to multiyear consumer services and plans and the recording of such expenses over the same period as the recognition of the related revenues. Deferred Revenues The Company records deferred revenues when cash payments are received or due in advance of the Company’s performance, net of estimated refunds that are presented separately as a component of accrued liabilities. The increase in the deferred revenue balance for the year ended December 31, 2018 was primarily driven by cash payments received or due in advance of satisfying the Company’s performance obligations, partially offset by $76.3 million of revenues recognized that were included in the deferred revenue balance at the beginning of the period. As of December 31, 2018, the Company has unsatisfied performance obligations relating to multiyear plans for its Good Sam Club, RA, Coast to Coast memberships, and magazine publication revenue streams. The total unsatisfied performance obligation for these revenue streams at December 31, 2018 and the periods during which the Company expects to recognize the amounts as revenue are presented as follows (in thousands): As of December 31, 2018 2018 $ 86,876 2019 27,608 2020 13,376 2021 6,759 2022 3,405 Thereafter 6,637 Total $ 144,661 The Company’s payment terms vary by the type and location of its customer and the products or services offered. The term between invoicing and when payment is due is not significant. For certain products or services and customer types, the Company requires payment before the products or services are delivered to the customer. Practical Expedients and Exemptions The Company does not adjust the promised amount of consideration for the effects of a significant financing component if the Company expects, at contract inception, that the period of time between payment and transfer of the promised goods or services will be one year or less. The Company expenses sales commissions when incurred in cases where the amortization period of those otherwise capitalized sales commissions would have been one year or less. The Company does not disclose the value of unsatisfied performance obligations for revenue streams for (i) contracts with an original expected length of one year or less and (ii) contracts for which the Company recognizes revenue at the amount to which it has the right to invoice for services performed. The Company accounts for shipping and handling as activities to fulfill the promise to transfer the good to the customer and does not evaluate whether shipping and handling is a separate performance obligation.

Receivables

Receivables	12 Months Ended
	Dec. 31, 2018
Receivables
Receivables	3. Receivables Receivables consisted of the following at December 31, (in thousands): 2018 2017 Consumer Services and Plans $ 19,586 $ 28,178 Dealership New and used vehicles 3,129 3,168 Parts, service and other 15,761 7,616 Trade accounts receivable 13,907 13,881 Due from manufacturers 20,645 18,746 Other 8,822 7,332 Retail 8,259 3,656 Other — 4 90,109 82,581 Allowance for doubtful accounts (4,398) (2,700) $ 85,711 $ 79,881

Inventories, net and Notes Paya

Inventories, net and Notes Payable - Floor Plan, net	12 Months Ended
	Dec. 31, 2018
Inventories, net and Notes Payable - Floor Plan, net
Inventories, net and Notes Payable - Floor Plan, net	4. Inventories, net and Notes Payable — Floor Plan, net Inventories consisted of the following at December 31, (in thousands): December 31, December 31, 2018 2017 Consumer services and plans $ 459 $ 387 Dealership: New RVs 1,017,910 1,113,178 Used RVs 124,527 106,210 Dealership parts, accessories and miscellaneous 6,591 7,802 Retail 409,483 188,338 $ 1,558,970 $ 1,415,915 New and used RVs included in Dealership inventories are primarily financed by floor plan arrangements through a syndication of banks. The arrangements 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 bore interest at one-month London Interbank Offered Rate (“LIBOR”) plus 2.15%, 2.15%, and 2.05%, for the years ended December 31, 2018, 2017 and 2016, respectively. LIBOR was 2.35%, 1.36% and 0.62% as of December 31, 2018, 2017, and 2016, respectively. Borrowings are tied to specific vehicles and principal is due upon the sale of the related vehicle. In August 2015, FR entered into a Sixth Amended and Restated Credit Agreement for floor plan financing (as further amended, “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. On December 12, 2017, FR entered into a Seventh Amended and Restated Credit Agreement (the “Floor Plan Facility Amendment”), which amended the previous credit agreement governing the Floor Plan Facility and allows FR to borrow (a) up to $1.415 billion under a floor plan facility, (b) up to $15.0 million under a letter of credit facility and (c) up to a maximum amount outstanding of $35.0 million under the revolving line of credit. In addition, the maturity of the Floor Plan Facility was extended to December 12, 2020. On December 4, 2018, the Floor Plan Borrower entered into a First Amendment to the Floor Plan Facility Amendment which increases the maximum amount outstanding under the revolving line of credit to $60.0 million from $35.0 million. The maximum amount outstanding will decrease by $3.0 million on the last day of each fiscal quarter, commencing with the quarter ending March 31, 2020. 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, 2018. In 2018, FreedomRoads acquired the assets of various RV dealership groups comprised of 10 locations for an aggregate purchase price of approximately $92.1 million plus real property of $46.0 million (see Note 15 — Acquisitions). The purchases were partially funded through $38.7 million of borrowings under the Floor Plan Facility revolving line of credit. The following table details the outstanding amounts and available borrowings under the Floor Plan Facility as of December 31, (in thousands): December 31, December 31, 2018 2017 Floor Plan Facility: Notes payable — floor plan: Total commitment $ 1,415,000 $ 1,415,000 Less: borrowings, net (885,980) (974,043) Less: flooring line aggregate interest reduction account (97,757) (106,055) Additional borrowing capacity 431,263 334,902 Less: accounts payable for sold inventory (33,928) (31,311) Less: purchase commitments (22,530) (77,144) Unencumbered borrowing capacity $ 374,805 $ 226,447 Revolving line of credit $ 60,000 $ 35,000 Less borrowings (38,739) — Additional borrowing capacity $ 21,261 $ 35,000 Letters of credit: Total commitment $ 15,000 $ 15,000 Less: outstanding letters of credit (10,380) (9,369) Additional letters of credit capacity $ 4,620 $ 5,631

Property and Equipment, net

Property and Equipment, net	12 Months Ended
	Dec. 31, 2018
Property and Equipment, net
Property and Equipment, net	5. Property and Equipment, net Property and equipment consisted of the following at December 31, (in thousands): December 31, December 31, 2018 2017 Land $ 36,997 $ 12,243 Buildings and improvements 54,967 17,791 Leasehold improvements - inclusive of right to use assets 155,975 107,354 Furniture and equipment 199,536 130,204 Software 80,769 68,087 Software systems development and construction in progress 32,165 34,384 560,409 370,063 Less: accumulated depreciation and amortization (200,554) (172,041) Property and equipment, net $ 359,855 $ 198,022 The Company made corrections to certain cost categories within property and equipment, net, and accumulated depreciation and amortization, resulting in an increase in total cost and accumulated depreciation and amortization of approximately $10.2 million as of December 31, 2017. These changes had no impact on total property and equipment, net. In 2018 and 2017, 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 shorter of the life of the lease or the estimated life of the leasehold improvement and the lease incentives are amortized, as an offset to rent expense, over the life of the lease. Lease incentives for 2018 and 2017 were $48.5 million and $24.7 million, respectively, of which $3.1 million and $0.5 million, respectively, were amortized as an offset to rent. Depreciation expense for the years ended December 31, 2018, 2017, and 2016 was $44.8 million, $29.0 million and $23.7 million, respectively .

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets
Goodwill and Intangible Assets	6. Goodwill and Intangible Assets Goodwill The following is a summary of changes in the Company’s goodwill by business line for the years ended December 31, 2018 and 2017 (in thousands): Consumer Services and Plans Dealership Retail Consolidated Balance as of January 1, 2017 (excluding impairment charges) $ 96,828 $ 246,929 $ 11,109 $ 354,866 Accumulated impairment charges (46,884) (143,798) (11,109) (201,791) Balance as of January 1, 2017 49,944 103,131 — 153,075 Acquisitions — 158,845 36,467 195,312 Balance as of December 31, 2017 49,944 261,976 36,467 348,387 Acquisitions 376 46,821 3,579 50,776 Impairment charge — — (40,046) (40,046) Balance as of December 31, 2018 $ 50,320 $ 308,797 $ — $ 359,117 The Company evaluates goodwill 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 records an impairment of goodwill equal to the amount that the carrying amount of a reporting unit exceeds its fair value. In the fourth quarter of 2018, the Company performed its annual goodwill impairment test, which resulted in the determination that the carrying value of the Retail reporting unit, which is comprised of the entire Retail segment, exceeded its estimated fair value by an amount that exceeded the reporting unit’s goodwill balance. The Company estimated the fair value of the Retail reporting unit using a combination of the guideline public company method under the market approach and the discounted cash flow analysis method under the income approach. The Company weighted the income approach at 70% and the market approach at 30% since the income approach was deemed to better reflect the discrete earnings potential of the reporting unit and the observed guideline companies operate in the same industry, but do not specifically offer the same products and services as the reporting unit. The assumptions in the income approach included the Company’s internal projections for the reporting unit, a 2.5% growth rate to calculate the terminal value and a discount rate of 10.5%. The excess of the carrying value over the estimated fair value of this reporting unit was primarily due to a decline in segment income leading to lower expected future cash flows for this reporting unit. The Company recorded an impairment charge of $40.0 million in the fourth quarter of 2018 related to this reporting unit. The Retail reporting unit goodwill was reduced to zero. Additionally in the fourth quarter of 2018, the Company performed its annual goodwill impairment test of the Dealership reporting unit, which resulted in the determination that the estimated fair value of the Dealership reporting unit, which is comprised of the entire Dealership segment, exceeded its carrying value. Therefore, no impairment charge was recorded for the Dealership reporting unit during the year ended December 31, 2018. The Company estimated the fair value of the Dealership reporting unit using a combination of the guideline public company method under the market approach and the discounted cash flow analysis method under the income approach. The Company weighted the income approach at 70% and the market approach at 30% since the income approach was deemed to better reflect the discrete earnings potential of the reporting unit and the observed guideline companies operate in the same industry, but do not specifically offer the same products and services as the reporting unit. The assumptions in the income approach included the Company’s internal projections for the reporting unit, a 2.3% growth rate to calculate the terminal value and a discount rate of 8.7%. The Company’s GSS Enterprises, LLC (“GSS”) reporting unit, which is comprised of a portion of the Consumer Services and Plans segment and holds all of that segment’s goodwill, had negative carrying value, including goodwill of $50.3 million, at the annual goodwill impairment testing date and at December 31, 2018. Therefore, a goodwill impairment test was not necessary for the GSS reporting unit during the fourth quarter of 2018. The Company did not record any impairments of goodwill during the years ended December 31, 2017 and 2016. Intangible Assets Finite‑lived intangible assets and related accumulated amortization consisted of the following at December 31, (in thousands): December 31, 2018 Cost or Accumulated Fair Value Amortization Net Consumer Services and Plans: Membership and customer lists $ 9,140 $ (7,174) $ 1,966 Retail: Customer lists and domain names 3,415 (1,559) 1,856 Trademarks and trade names 29,304 (2,853) 26,451 Websites 6,074 (1,063) 5,011 $ 47,933 $ (12,649) $ 35,284 December 31, 2017 Cost or Accumulated Fair Value Amortization Net Consumer Services and Plans: Membership and customer lists $ 8,375 $ (6,431) $ 1,944 Retail: Customer lists and domain names 3,914 (1,048) 2,866 Trademarks and trade names 28,987 (901) 28,086 Websites 6,073 (262) 5,811 $ 47,349 $ (8,642) $ 38,707 Amortization expense of finite-lived intangibles for the years ended December 31, 2018, 2017, and 2016 was $4.5 million, $2.6 million and $1.0 million, respectively. The Company reclassified the amounts by operating segment and made immaterial correcting adjustments to the previously recorded balances for the categories of intangible assets as of December 31, 2017 by approximately $15 million. These changes had no impact on total intangible assets. The aggregate future five‑year amortization of finite‑lived intangibles at December 31, 2018, was as follows (in thousands): 2019 $ 4,509 2020 3,640 2021 3,218 2022 3,023 2023 2,489 Thereafter 18,405 $ 35,284

Accrued Liabilities

Accrued Liabilities	12 Months Ended
	Dec. 31, 2018
Accrued Liabilities
Accrued Liabilities	7. Accrued Liabilities Accrued liabilities consisted of the following at December 31, (in thousands): 2018 2017 Compensation and benefits $ 34,745 $ Other accruals 89,874 $ 124,619 $

Long-Term Debt

Long-Term Debt	12 Months Ended
	Dec. 31, 2018
Long-Term Debt.
Long-Term Debt	8. Long‑Term Debt The following reflects outstanding long‑term debt as of December 31 (in thousands): December 31, December 31, 2018 2017 Term Loan Facility (1) $ 1,156,345 $ 916,902 Real Estate Facility (2) 9,520 — Subtotal 1,165,865 916,902 Less: current portion (12,977) (9,465) Total $ 1,152,888 $ 907,437 (1) Net of $5.4 million and $6.0 million original issue discount at December 31, 2018 and 2017, respectively, and $13.4 million and $14.2 million of finance costs at December 31, 2018 and 2017, respectively. (2) Net of $0.2 million of finance costs at December 31, 2018. The aggregate future maturities of long‑term debt at December 31, 2018, were as follows (in thousands): 2019 $ 12,977 2020 12,917 2021 12,483 2022 12,483 2023 1,133,977 Total $ 1,184,837 Senior Secured Credit Facilities On November 8, 2016, CWGS Group, LLC (the “Borrower”), a wholly owned subsidiary of CWGS, LLC, entered into a credit agreement (as amended from time to time, the “Credit Agreement”) for a new $680.0 million senior secured credit facility (the “Senior Secured Credit Facilities”) and used the proceeds to repay its previous senior secured credit facilities. The Senior Secured Credit Facilities, prior to the amendments described below, consisted of a seven-year $645.0 million Term Loan Facility (the “Term Loan Facility”) and a five-year $35.0 million revolving credit facility (the “Revolving Credit Facility”). On March 17, 2017, the Borrower entered into a First Amendment to the Credit Agreement to increase the Term Loan Facility by $95.0 million to $740.0 million. The Term Loan Facility included mandatory amortization of 1.00% per annum in equal quarterly installments. On October 6, 2017, the Borrower entered into a Second Amendment (the “Second Amendment”) to the Credit Agreement. The Second Amendment, among other things, (i) increased the Borrower’s Term Loan Facility by $205.0 million to an outstanding principal amount of $939.5 million, (ii) amended the applicable margin to 2.00% from 2.75% per annum, in the case of base rate loans, and to 3.00% from 3.75% per annum, in the case of LIBOR loans, and (iii) increased the quarterly amortization payment to $2.4 million. On March 28, 2018, the Borrower entered into a Third Amendment (the “Third Amendment”) to the Credit Agreement. The Third Amendment, among other things, (i) reduced the applicable interest margin by 25 basis points to 1.75% from 2.00% per annum, in the case of base rate loans, and to 2.75% from 3.00% per annum, in the case of LIBOR loans, effective on April 6, 2018, (ii) increased the Borrower’s term loan facility by $250 million to a principal amount of $1.19 billion outstanding as of March 28, 2018, and (iii) increased the quarterly amortization payment to $3.0 million. The Credit Agreement requires the Borrower and its subsidiaries to comply on a quarterly basis with a maximum Total Leverage Ratio (as defined in the Credit Agreement), which covenant is only for the benefit of the revolving credit facility, during certain periods in which the aggregate amount of borrowings under the revolving credit facility (including swingline loans), letters of credit and unreimbursed letter of credit disbursements outstanding at such time (minus the lesser of (a) $5.0 million and (b) letters of credit outstanding) is greater than 30% of the aggregate amount of the Revolving Lenders’ Revolving Commitments, as defined in the Credit Agreement. On September 27, 2018, the Borrower entered into a Fourth Amendment (the “Fourth Amendment”) to the Credit Agreement. The Fourth Amendment increases the quarterly Total Leverage Ratio, from “3.00 to 1” to “3.75 to 1” for the period from December 31, 2016 to December 31, 2019 and from “2.75 to 1” to “3.50 to 1” for the period beginning March 31, 2020 and on the last day of each fiscal quarter ending thereafter. The Term Loan Facility includes mandatory amortization at 1.01% per annum in equal quarterly installments. Interest on the Term Loan Facility effective April 6, 2018 floats 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 2.75%, or b) an Alternate Base Rate (“ABR”) equal to 1.75% 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) one-month Adjusted LIBOR Rate plus 1.00%, subject to a 1.75% floor. Interest on borrowings under the 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. The Company also pays a commitment fee of 0.5% per annum on the unused amount of the Senior Secured Credit Facility. Reborrowings under the Term Loan Facility are not permitted. The Term Loan Facility requires mandatory principal payments in equal quarterly installments of $1.9 million, starting March 31, 2017 through September 30, 2017, $2.4 million on December 31, 2017 and $3.0 million thereafter. 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 Credit Agreement, for such fiscal year. The required percentage prepayment of excess cash flow is reduced to 25% if the Total Leverage Ratio 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. As of December 31, 2018, CWGS Group, LLC had no excess cash flows as defined. The Revolving Credit Facility matures on November 8, 2021, and the Term Loan Facility matures on November 8, 2023. The funds available under the 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, 2018, the average interest rate on the term loan debt was 5.13%. As of December 31, 2018, the Company had available borrowings of $31.3 million and letters of credit in the aggregate amount of $3.7 million outstanding under the Revolving Credit Facility. As of December 31, 2018, the principal balance of $1,175.1 million was outstanding under the Term Loan Facility and no amounts were outstanding on the 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 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 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 FreedomRoads Intermediate Holdco, LLC, the direct parent of FR, and FR and its subsidiaries. The Credit Agreement contains 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. Additionally, management has determined that the Senior Secured Credit Facilities include subjective acceleration clauses which could impact debt classification. Management has determined that no events have occurred at December 31, 2018, including the internal control material weaknesses, that would trigger a subjective acceleration clause. The Company was in compliance with all debt covenants at December 31, 2018. Real Estate Facility On November 2, 2018, Camping World Property, Inc. (the ‘‘Real Estate Borrower’’), an indirect wholly-owned subsidiary of CWGS, LLC, and CIBC Bank USA (“Lender”), entered into a loan and security agreement for a real estate credit facility with an aggregate maximum principal amount of $21.5 million (“Real Estate Facility”). Borrowings under the Real Estate Facility are guaranteed by CWGS Group, LLC, a wholly-owned subsidiary of CWGS, LLC. The Real Estate Facility may be used to finance the acquisition of real estate assets. In the fourth quarter of 2018, the Real Estate Borrower borrowed $9.9 million to acquire a distribution facility and an office, both of which were leased prior to the acquisition thereof. The Real Estate Facility will be secured by first priority security interest on the real estate assets acquired with the proceeds of the Real Estate Facility (“Real Estate Facility Properties”). The Real Estate Facility matures on October 31, 2023. The borrowings under the Real Estate Facility bear interest at a rate per annum equal to, at our option, either: (a) a floating rate tied to the London Interbank Eurodollar market (the ‘‘Floating LIBO Rate’’), plus 2.75%, in the case of Floating LIBO Rate loans or (b) a base rate determined by reference to the greater of: (i) the federal funds rate plus 0.50%, and (ii) the prime rate published by Lender, plus 0.75%, in the case of base rate loans. The Real Estate Borrower was required to pay a commitment fee equal to the product of: (i) 0.50%, and (ii) the aggregate principal amount of the Real Estate Facility. The Real Estate Facility includes cross default provisions including a) a default under the terms applicable to any debt of any loan party in an aggregate amount exceeding $100,000, and such default shall i) consist of the failure to pay such Debt when due, whether by acceleration or otherwise, or ii) accelerate the maturity of such Debt or permit the holder or holders thereof to cause such Debt to become due and payable, or b) the occurrence of any event of default under the Senior Secured Credit Agreement, in each case after the expiration of any applicable grace or cure period. In addition to other customary covenants, the loan and security agreement governing the Real Estate Facility requires the Real Estate Borrower to comply on a quarterly basis, with respect to each of the individual Real Estate Facility Properties, with a debt service coverage ratio of 1.250 to 1.000. The Company was in compliance with all debt covenants at December 31, 2018. 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 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. 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 On September 30, 2014, CVRV exercised their option and delivered the Series B Note to the Company for cancellation in exchange for the preferred equity interest. 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 were paid for the year ended December 31, 2016.

Capital Lease Obligations

Capital Lease Obligations	12 Months Ended
	Dec. 31, 2018
Capital Lease Obligations.
Capital Lease Obligations	9. Capital Lease Obligations The Company leases various fixed assets under capital lease arrangements requiring payments through May 2019. For the year ended December 31, 2016, $2.0 million was funded by capital leases. For the years ended December 31, 2018 and 2017, there were no new third-party capital lease arrangements. The depreciation of the capital lease assets is included in depreciation. The capital leases are scheduled to be repaid in 2019. The Company has included these leases in property and equipment, net at December 31, as follows (in thousands): 2018 2017 Furniture and equipment $ 5,741 $ Accumulated depreciation (4,917) (4,379) $ 824 $ 1,362

Right to Use Liability

Right to Use Liability	12 Months Ended
	Dec. 31, 2018
Right to Use Liability
Right to Use Liability	10. Right to Use Liability The Company leases operating facilities throughout the United States. The Company analyzes all leases in accordance with 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 the fourth quarter of 2018, 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 derecognition in 2018 resulted in the removal of $4.6 million of right to use assets, $4.9 million of right to use liabilities, and $0.2 million of deferred rent resulting in a $0.5 million deferred gain which will be recognized ratably as an offset to rent expense over the term of the lease. The Company has included the right to use assets in property and equipment, net at December 31, as follows (in thousands): December 31, December 31, 2018 2017 Right to use assets $ 5,400 $ 10,673 Accumulated depreciation (540) (926) $ 4,860 $ 9,747 The following is a schedule by year of the future changes in the right to use liability (in thousands): 2019 $ 486 2020 486 2021 486 2022 486 2023 486 Thereafter (1) 7,889 Total minimum lease payments 10,319 Amounts representing interest (5,172) Present value of net minimum right to use liability payments $ 5,147 (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, 2018
Income Taxes.
Income Taxes	11. Income Taxes The Company has adjusted certain prior period amounts relating to income taxes for the immaterial correction of errors. See Note 1 — Summary of Significant Accounting Policies — Revisions for Correction of Immaterial Errors The components of the Company’s income tax expense from operations for the year ended December 31, consisted of (in thousands): 2018 2017 2016 Current: Federal $ 13,828 $ 19,496 $ 845 State 5,598 4,448 1,297 Deferred: Federal 11,970 97,792 3,571 State (606) 33,174 87 Income tax expense $ 30,790 $ 154,910 $ 5,800 A reconciliation of income tax expense from operations to the federal statutory rate for the year ended December 31, is as follows (in thousands): 2018 2017 2016 Income taxes computed at federal statutory rate (1) $ 20,238 $ 134,961 $ State income taxes – net of federal benefit (1) 4,313 13,570 Other differences: Federal alternative minimum tax and state and local taxes on pass-through entities 1,076 1,072 1,013 Income taxes computed at the effective federal and state statutory rate for pass-through entities not subject to tax for the Company (2) (41,367) (84,747) (75,774) Increase in valuation allowance 43,175 11,194 Impact of 2017 Tax Act (3) — 78,222 — Impact of other state tax rate changes (2,020) — — Goodwill impairment 6,158 — — Other (783) 638 — Income tax expense $ 30,790 $ $ (1) Federal and state tax for 2018 and 2017 include the tax effect of $0.3 million of income tax expense and $38.8 million of income tax benefit, respectively, relating to the reduction in the Tax Receivable Agreement liability. (2) The related income is taxable to the noncontrolling interest for periods after the Company’s IPO and taxable to the holders of membership units prior to the Company’s IPO. (3) Excludes the tax effect of $0.3 million of income tax expense and $38.8 million of income tax benefit for 2018 and 2017, respectively, relating to the reduction in the Tax Receivable Agreement liability, which is included in federal and state tax. 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): 2018 2017 Deferred tax liabilities Accelerated depreciation $ (6,468) $ (5,147) Prepaid expenses (1,238) (302) Intangible assets (3,474) (3,501) Other — (305) (11,180) (9,255) Deferred tax assets Investment impairment 21,974 21,647 Inventory related 6,479 170 Gift cards 1,478 744 Deferred revenues 322 304 Accrual for employee benefits and severance 1,401 1,221 Stock option expense 440 218 Investment in partnership 208,749 208,559 Tax Receivable Agreement liability 34,184 35,319 AMT credit — 609 Net operating loss carryforward 51,654 17,518 Claims reserves 126 440 Intangible assets 547 113 Goodwill 3,836 996 Deferred book gain 770 851 Other reserves 6,146 5,697 338,106 294,406 Valuation allowance (180,983) (132,468) Net deferred tax assets $ 145,943 $ 152,683 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). At December 31, 2018, CWH owned 41.9% of CWGS, LLC. 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. and their wholly-owned subsidiaries, which are Subchapter C corporations. At December 31, 2018, the Subchapter C corporations had federal and state net operating loss carryforwards of approximately $188.6 million and $96.5 million, respectively, which will be able to offset future taxable income. If not used, $57.9 million of federal and $96.5 million of state net operating losses will expire between 2029 and 2037, and $128.7 million will be carried forward indefinitely. On December 22, 2017, the U.S. enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act (“2017 Tax Act”). The 2017 Tax Act significantly revised the U.S. corporate income tax by, among other things, lowering the statutory corporate tax rate from 35% to 21% and eliminating certain deductions. Shortly after the 2017 Tax Act was enacted, the SEC staff issued Staff Accounting Bulletin No. 118 (“SAB 118”) to address the application of GAAP in situations when a registrant does not have the necessary information available, prepared, or analyzed (including computations) in reasonable detail to complete the accounting for certain income tax effects of the 2017 Tax Act. In accordance with SAB 118, the Company had determined that the $117.0 million of the deferred tax expense recorded in connection with the remeasurement of certain deferred tax assets and liabilities during the three months ended December 31, 2017 was a provisional amount and a reasonable estimate at December 31, 2017. The Company's measurement period for implementing the accounting changes required by the 2017 Tax Act closed on December 22, 2018, and the Company completed the accounting under ASC Topic 740, Income Taxes, within the measurement period provided under SAB 118. We have determined that there were no additional material adjustments to record during the measurement period for the year ended December 31, 2018. 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, 2018, the Company determined that all of its deferred tax assets (except those of Camping World Inc. (“CW”) and the Outside Basis Deferred Tax Asset discussed below) are more likely than not to be realized. The valuation allowance for CW increased by $43.2 million in the year ended December 31, 2018, compared to a decrease of $4.6 million in the year ended December 31, 2017 primarily the result of remeasurement under the 2017 Tax Act. Since it was determined that CW would not have sufficient taxable income in the current or carryforward periods under the tax laws to realize the future tax benefits of its deferred tax assets, it continues to maintain a full valuation allowance. The Company maintains a partial valuation allowance against the Outside Basis Deferred Tax Asset pertaining to the portion that is not amortizable for tax purposes, since the Company would likely only realize the non-amortizable portion of the Outside Basis Deferred Tax Asset if the investment in CWGS, LLC was divested. The partial valuation allowance for the Outside Basis Deferred Tax Asset increased $5.4 million in the year ended December 31, 2018, compared to a decrease of $9.2 million in the year ended December 31, 2017. The decrease in the year ended December 31, 2017 was primarily the result of the remeasurement under the 2017 Tax Act of $43.0 million, which was partially offset by an increase in the valuation allowance for additional outside basis in CWGS, LLC for the public offering in May 2017 (see Note 18 — Stockholders’ Equity) that was not amortizable for tax purposes. During the year ended December 31, 2017, CW was notified by the Internal Revenue Service of their intention to audit the 2014 income tax returns. The 2014 audit concluded with no adjustments. Also during the year ended December 31, 2017, CWGS, LLC was notified by a state revenue department of their intention to audit the 2014 and 2015 state income tax returns, which is still pending. The Company does not expect to receive any material tax adjustments as a result of this pending audit. 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 2015. 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 related to 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, 2018, the Company recorded an immaterial amount related to uncertain tax positions and none at December 31, 2017. 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. The above payments are predicated on CWGS, LLC making an election under 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. During the twelve months ended December 31, 2018 and 2017, 215,486 and 12,945,419 common units in CWGS, LLC, respectively, were exchanged for Class A common stock subject to the provisions of the Tax Receivable Agreement. The Company recognized a liability for the Tax Receivable Agreement payments due to those parties that redeemed common units, 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, 2018, and December 31, 2017, the amount of Tax Receivable Agreement payments due under the Tax Receivable Agreement was $134.2 million and $139.7 million, respectively, of which $9.4 million and $8.9 million, respectively, were included in current portion of the Tax Receivable Agreement liability in the Consolidated Balance Sheets. The 2017 Tax Act had a significant impact on the future tax rates incorporated in the estimated values of the Tax Receivable Agreement liability and the Company’s deferred tax assets. For the year ended December 31, 2018, there was no incremental impact on estimated values of the Tax Receivable Agreement liability and the Company’s deferred tax assets as a result of the 2017 Tax Act. For the year ended December 31, 2017, these changes in estimate had no impact on income from operations, decreased net income to a net loss by $117.0 million, and decreased basic and diluted earnings per share by $0.62. The Company consolidated CWGS, LLC, which, as a limited liability company, is not subject to U.S. federal income taxes. Rather, the LLC’s taxable income flows through to the owners, who are responsible for paying the applicable income taxes on the income allocated to them. For tax years beginning on or after January 1, 2018, CWGS, LLC is subject to partnership audit rules enacted as part of the Bipartisan Budget Act of 2015 (the “Centralized Partnership Audit Regime”). Under the Centralized Partnership Audit Regime, any IRS audit of CWGS, LLC would be conducted at the CWGS, LLC level, and if the IRS determines an adjustment, the default rule is that CWGS, LLC would pay an “imputed underpayment” including interest and penalties, if applicable. CWGS, LLC may instead elect to make a “push-out” election, in which case the partners for the year that is under audit would be required to take into account the adjustments on their own personal income tax returns. If CWGS, LLC does not elect to make a “push-out” election, CWGS, LLC has agreements in place requiring former partners to indemnify CWGS, LLC for their share of the imputed underpayment. The partnership agreement does not stipulate how CWGS, LLC will address imputed underpayments. If CWGS, LLC receives an imputed underpayment, a determination will be made based on the relevant facts and circumstances that exist at that time. Any payments that CWGS, LLC ultimately makes on behalf of its current partners will be reflected as a distribution, rather than tax expense, at the time such distribution is declared.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2018
Fair Value Measurements
Fair Value Measurements	12. 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. 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 2018 and 2017 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 Term Loan Facility, as applicable, are based on quoted prices in the inactive market for identical assets (Level 2) and the fair values shown below for the Floor Plan Facility Revolving Line of Credit and the Real Estate Facility is estimated by discounting the future contractual cash flows at the current market interest rate that is available based on similar financial instruments. Fair Value 12/31/2018 12/31/2017 ($ in thousands) Measurement Carrying Value Fair Value Carrying Value Fair Value Term Loan Facility Level 2 $ 1,156,345 $ 1,116,338 $ 916,902 $ 953,269 Floor Plan Facility Revolving Line of Credit Level 2 38,739 40,139 — — Real Estate Facility Level 2 9,520 10,850 — —

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies.
Commitments and Contingencies	13. 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, 2018, were as follows (in thousands): Third Party Related Party Total 2019 $ 116,131 $ 2,248 $ 118,379 2020 111,008 2,248 113,256 2021 106,740 2,248 108,988 2022 102,496 2,145 104,641 2023 99,594 1,930 101,524 Thereafter 811,228 18,951 830,179 Total $ 1,347,197 $ 29,770 $ 1,376,967 For the years ended December 31, 2018, 2017, and 2016, $110.8 million, $86.5 million and $74.5 million, of rent expense, respectively, was charged to costs and expenses. 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 agent bank for the senior secured credit facilities outstanding at the time. 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. 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, 2018 and 2017, $4.1 million and $4.6 million, respectively, of the 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, 2018, 2017 and 2016. In 2018, 2017 and 2016, a subsidiary of FreedomRoads entered into sale leaseback arrangements resulting in gains of less than $0.1 million in 2018, a loss of less than $0.1 million in 2017, and gains of $0.1 million 2016. The real properties were originally purchased by FreedomRoads from third parties. In 2018, the Company sold real property of $45.8 million that were originally purchased in 2018 and 2017 for $46.1 million. In 2017, the Company sold real property of $6.0 million that were originally purchased in 2017 for $6.0 million. In 2016, the Company sold real property of $13.2 million that was originally purchased in 2016 for $11.9 million, in 2015 for $1.2 million and in 2014 for $0.1 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. In 2018, Camping World, Inc. entered into sales leaseback arrangements resulting in losses of $0.1 million. The real properties were purchased by Camping World, Inc. from third parties. In 2018 the Company sold real property of $15.0 million that was originally purchased for $15.1 million under the sales leaseback arrangements. The real properties were lease back under operating leases for 13 to 20 years. The properties are being used as part of the Company’s ongoing operations. Sponsorship and Other Agreements The Company enters into sponsorship agreements from time to time. Current sponsorship agreements run through 2024. The agreements consist of annual fees payable in aggregate of $10.2 million in 2019, $9.2 million in 2020, $9.5 million in 2021, $9.9 million in 2022, $1.5 million in 2023, and $1.5 million in 2024, which are recognized to expense over the expected benefit period. The Company entered into a subscription agreement for a customer relationship management software application 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: $4.0 million in 2017, $4.3 million in 2018, $4.5 million in 2019, $4.8 million in 2020, and $5.0 million in 2021, which are recognized to expense over the expected benefit period. Litigation On October 19, 2018, a purported stockholder of the Company filed a putative class action lawsuit, captioned Ronge v. Camping World Holdings, Inc. et al. , in the United States District Court for the Northern District of Illinois against the Company, certain of its officers and directors, and Crestview Partners II GP, L.P. and Crestview Advisors, L.L.C. (the “Ronge Complaint”). On October 25, 2018, a different purported stockholder of the Company filed a putative class action lawsuit, captioned Strougo v. Camping World Holdings, Inc. et al. , in the United States District Court for the Northern District of Illinois against the Company, certain of its officers and directors, and Crestview Partners II GP, L.P. and Crestview Advisors, L.L.C. (the “Strougo Complaint”). The Ronge and Strougo Complaints were consolidated and lead plaintiffs appointed by the court. On February 27, 2019, lead plaintiffs filed a consolidated complaint against the Company, certain of its officers, directors, Crestview Partners II GP, L.P. and Crestview Advisors, L.L.C., and the underwriters of the May and October 2017 secondary offerings of the Company’s Class A common stock. The consolidated complaint alleges violations of Sections 11 and 12(a)(2) of the Securities Act of 1933, as well as Section 10(b) of the Securities Exchange Act of 1934, as amended, and rule 10b-5 thereunder, based on allegedly materially misleading statements or omissions of material facts necessary to make certain statements not misleading related to the business, operations, and management of the Company. Additionally, it alleges that certain of the Company’s officers and directors, Crestview Partners II GP, L.P., and Crestview Advisors, L.L.C. violated Section 15 of the Securities Act of 1933 and Section 20(a) of the Securities Exchange Act of 1934, as amended, by allegedly acting as controlling persons of the Company. The lawsuit brings claims on behalf of a putative class of purchasers of the Company’s Class A common stock between March 8, 2017 and August 7, 2018, and seeks compensatory damages, rescission, attorneys’ fees and costs, and any equitable or injunctive relief the court deems just and proper. The Company believes it has meritorious defenses to the claims of the plaintiffs and members of the putative class, and any liability for the alleged claims is not currently probable or reasonably estimable. On December 12, 2018, a putative class action complaint styled International Union of Operating Engineers Benefit Funds of Eastern Pennsylvania and Delaware v. Camping World Holdings Inc., et al. was filed in the Supreme Court of the State of New York, New York County, on behalf of all purchasers of Camping World Class A common stock issued pursuant and/or traceable to a secondary offering of such securities in October 2017 (“IUOE Complaint”). The IUOE Complaint names as defendants Camping World, and certain of its officers and directors, among others, and alleges violations of Sections 11, 12(a), and 15 of the Securities Act of 1933 based on allegedly materially misleading statements or omissions of material facts necessary to make certain statements not misleading. On February 28, 2019. the Company, along with the other defendants, moved to dismiss this action. The Company believes it has meritorious defenses to the claims of the plaintiffs and members of the putative class, and any liability for the alleged claims is not currently probable or reasonably estimable. On February 22, 2019, a putative class action complaint styled Daniel Geis v. Camping World Holdings, Inc., et al. was filed in the Circuit Court of Cook County, Illinois, Chancery Division, on behalf of all purchasers of Camping World Class A common stock in and/or traceable to the Company’s initial public offering on October 6, 2016 (“Geis Complaint”). The Geis Complaint names as defendants Camping World, certain of our officers and directors, and the underwriters of the offering, and alleges violations of Sections 11, 12(a)(2), and 15 of the Securities Act of 1933 based on allegedly materially misleading statements or omissions of material facts necessary to make certain statements not misleading. The Company believes it has meritorious defenses to the claims of the plaintiff and members of the putative class, and any liability for the alleged claims is not currently probable or reasonably estimable. On March 5, 2019, a shareholder derivative suit captioned Hunnewell v. Camping World Holdings, Inc., et al. , was filed in the Court of Chancery of the State of Delaware, alleging two counts of breach of fiduciary duty (the “Hunnewell Complaint”). The Hunnewell Complaint names Camping World as nominal defendant, and names certain of the Company’s officers and directors, among others, as defendants. The Company believes it has meritorious defenses to the claims of the plaintiffs, and any liability for the alleged claims is not currently probable or reasonably estimable. From time to time, the Company is involved in other litigation arising in the normal course of business operations. 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, 2018
Related Party Transactions
Related Party Transactions	14. 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 in the year ended December 31, 2016. In addition, the Company recorded an expense for the Managers’ reimbursable expenses, totaling $0.2 million for the year ended December 31, 2016. Transactions with Directors, Equity Holders and Executive Officers FreedomRoads leases various retail locations from managers and officers. During 2018, 2017 and 2016, the related party lease expense for these locations was $1.9 million, $2.0 million and $1.2 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 Plans). 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. 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. 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, was the beneficial owner of Cumulus Media’s Class A common stock until approximately June 6, 2018, 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, 2018, 2017 and 2016, the Company incurred Cumulus Media expenses of $0.3 million, $0.4 million and $0, respectfully, for the aforementioned advertising services. 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 had a 51% economic interest with eNET IT Group as of December 31, 2016, and has subsequently dissolved his relationship with them. The Company paid eNET IT Group approximately $0.1 million for the year ended December 31, 2016, 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 incurred expenses from Precise Graphix of $5.6 million, $2.7 million and $3.3 million for the years ended December 31, 2018, 2017 and 2016, respectively. The Company purchased point of purchase and visual merchandise displays from JD Custom Design (“JD Custom”) for use in Camping World’s retail store operations. Mr. Lemonis is a holder of 52% of the combined voting power in JD Custom and the Company paid JD Custom $0.4 million and $0 for the years ended December 31, 2018 and 2017, respectively. The Company does business with certain companies in which Stephen Adams, a member of the Company’s board of directors, has a direct or indirect material interest. The Company from time to time purchases advertising services from Adams Radio of Fort Wayne LLC (“Adams Radio”), in which Mr. Adams has an indirect 90% interest. The Company paid Adams Radio $0.2 million and $0 for the years ended December 31, 2018 and 2017, respectively. The Company paid Kaplan, Strangis and Kaplan, P.A., of which Andris A. Baltins is a member, and a member of the Company’s board of directors, $0.3 million and $0.3 million for the years ended December 31, 2018 and 2017, respectively, for legal services.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2018
Acquisitions
Acquisitions	15. Acquisitions Dealerships and Consumer Shows In 2018 and 2017, subsidiaries of the Company acquired the assets or stock of multiple dealership and retail locations and consumer shows that constituted businesses under accounting rules. The Company used a combination of cash, floor plan financing, proceeds from the May 2017 Public Offering (defined and described in Note 18 — Stockholders’ Equity), and additional borrowing on the Term Loan Facility in March 2018 and 2017 (see Note 8 — Long-term Debt) to complete the acquisitions. The Company considers acquisitions of independent dealerships to be a fast and capital efficient alternative to opening new retail locations to expand its business and grow its customer base. The Company acquires consumer shows as another channel for increasing its customer base. Additionally, the Company believes that its experience and scale allow it to operate these acquired dealerships and consumer shows more efficiently. The acquired businesses were recorded at their estimated fair values under the acquisition method of accounting. The balance of the purchase prices in excess of the fair values of net assets acquired were recorded as goodwill. For the years ended December 31, 2018 and 2017, the Company purchased real property of $21.6 million and $17.1 million, respectively, from parties related to the sellers of the dealership businesses. The estimated fair values of the assets acquired and liabilities assumed for the acquisitions of dealerships and consumer shows consist of the following: Year Ended December 31, Estimated ($ in thousands) 2018 2017 Life Tangible assets (liabilities) acquired (assumed): Cash and cash equivalents $ 2,648 $ — Contracts in transit 104 — Accounts receivable, net 100 1,250 Inventory, net 43,067 121,808 Prepaid expenses and other assets 124 — Property and equipment, net 532 1,450 Deferred tax asset, net 48 — Other assets — 164 Accounts payable (64) (569) Accrued liabilities (1,096) (2,480) Deferred revenues and gains (168) — Total tangible net assets acquired 45,295 121,623 Intangible assets acquired: Membership and customer lists 766 793 4-7 years Total intangible assets acquired 766 793 Goodwill 47,197 158,815 Purchase price 93,258 281,231 Cash and cash equivalents acquired (2,648) — Cash paid for acquisition, net of cash acquired 90,610 281,231 Inventory purchases financed via floor plan (34,313) (99,451) Cash payment net of floor plan financing $ 56,297 $ 181,780 The fair values above are preliminary relating to the year ended December 31, 2018 as they are subject to measurement period adjustments for up to one year from the date of acquisition as new information is obtained about facts and circumstances that existed as of the acquisition date relating to the valuation of the acquired assets. The primary items that generated the goodwill are the value of the expected synergies between the acquired businesses and the Company and the acquired assembled workforce, neither of which qualify for recognition as a separately identified intangible asset. For the years ended December 31, 2018 and 2017, acquired goodwill of $30.8 million and $158.8 million is expected to be deductible for tax purposes. Included in the years ended December 31, 2018 and 2017 consolidated financial results were $91.1 million and $300.8 million of revenue, respectively, and $4.2 million and $14.2 million of pre-tax income, respectively, of the acquired dealerships from the applicable acquisition dates. Pro forma information on these acquisitions has not been included, because the Company has deemed them to not be individually or cumulatively material. Retail Acquisitions On May 26, 2017, CWI, Inc. (“CWI”), an indirect subsidiary of the Company, completed the acquisition of certain assets of the Gander Mountain Company (“Gander Mountain”) and its Overton’s, Inc. (“Overton’s”) boating business through a bankruptcy auction that took place in April 2017 for $35.4 million in cash and $1.1 million of contingent consideration related to Gander Mountain. Prior to the acquisition, Gander Mountain operated 160 retail locations and an e-commerce business that serviced the hunting, camping, fishing, shooting sports, and outdoor markets. Overton’s operated two retail locations and an e-commerce business that services the marine and watersports markets. The assets acquired included the right to designate any real estate leases for assignment to CWI or other third parties (the “Designation Rights”), other agreements CWI could elect to assume, intellectual property rights, operating systems and platforms, certain distribution center equipment, Overton’s inventory, the Gander Mountain and Overton’s e-commerce businesses, and fixtures and equipment for Overton’s two retail locations and corporate operations. Furthermore, CWI had committed to exercise Designation Rights and take an assignment of no fewer than 15 Gander Mountain retail leases on or before October 6, 2017, in addition to the two Overton’s retail leases assumed at the closing of the acquisition. The Designation Rights expired on October 6, 2017, which was immediately after CWI assumed the minimum 15 additional Gander Mountain retail leases. CWI also assumed certain liabilities, such as cure costs for leases and other agreements it elected to assume, accrued time off for employees retained by CWI and retention bonuses payable to certain key Gander Mountain employees retained by CWI. The cure costs for the minimum 15 Gander Mountain leases assumed under the Designation Rights were $1.1 million, which was recorded as contingent consideration and paid during the year ended December 31, 2017. As of December 31, 2018, the Company has opened a net of 60 Gander Mountain locations under the rebranded “Gander Outdoors” name. With the large quantity of stores opened in a relatively short period of time relating to the initial rollout of Gander Outdoors, the Company deemed it necessary to staff the appropriate levels of labor for functions such as management, merchandise procurement, and distribution center to open these retail locations in the compressed timeframe of the initial rollout plan. Many of these expenses were expensed as incurred before retail locations were opened and began to generate revenues. On August 17, 2017, CW an indirect subsidiary of the Company, completed the acquisition of all of the outstanding capital stock and outstanding debt of Active Sports, Inc. (“TheHouse.com”), which specialized in bikes, sailboards, skateboards, wakeboards, snowboards, and outdoor gear. The purchase price consisted of $30.0 million in cash, $5.7 million in restricted shares of Class A common stock of the Company, and the purchase or extinguishment of $35.3 million of TheHouse.com’s debt, including accrued interest. On September 22, 2017, W82, LLC, an indirect subsidiary of the Company, completed the acquisition of substantially all of the assets of EIGHTEEN0THREE LLC, dba W82 (“W82”), which specializes in snowboarding, skateboarding, longboarding, swimwear, footwear, apparel and accessories. The purchase price consisted of $0.6 million in cash and the extinguishment of $1.5 million of W82’s debt, including accrued interest. On October 19, 2017, CW, an indirect subsidiary of the Company, completed the acquisition of all of the outstanding capital stock and outstanding debt of Uncle Dan’s LTD. (“Uncle Dan’s”), which specializes in outdoor apparel. The Company believes this business is complementary to its existing businesses and enhances the product offerings from its earlier acquisition of Gander Mountain. The purchase price consisted of $7.5 million in cash, the extinguishment of $0.7 million of Uncle Dan’s debt, and $0.1 to replace the collateral on Uncle Dan’s letter of credit. On January 30, 2018 and April 19, 2018, indirect subsidiaries of the Company acquired substantially all of the assets of Earth Sports LLC, dba Erehwon Mountain Outfitters (“Erehwon”) and Rock Creek Outfitters, Inc. (“Rock Creek”), respectively, for $3.5 million and $5.2 million in cash, respectively. These businesses are specialty retailers of outdoor gear and apparel. The Company believes these businesses are complementary to its existing businesses and will allow for cross marketing of the Company’s consumer services and plans to a wider customer base. The estimated fair values of the assets acquired and liabilities assumed for the acquisition of outdoor lifestyle retail businesses consist of the following: Year Ended December 31, Estimated ($ in thousands) 2018 2017 Life Tangible assets (liabilities) acquired (assumed): Cash and cash equivalents $ — $ 591 Accounts receivable — 174 Inventory 4,599 50,171 Prepaid expenses and other assets 77 1,262 Property and equipment 416 10,311 Accounts payable — (9,965) Accrued and other liabilities (359) (2,438) Other liabilities — (4,098) Total tangible net assets acquired 4,733 46,008 Intangible assets acquired: Trademarks and trade names 318 28,987 15 years Membership and customer lists — 500 6 years Websites — 6,074 10 years Total intangible assets acquired 318 35,561 Goodwill 3,579 36,467 Purchase price 8,630 118,036 Cash and cash equivalents acquired — (591) Non-cash consideration - Class A shares issued — (5,720) Cash paid for acquisition, net of cash acquired $ 8,630 $ 111,725 The fair values above are preliminary relating to the year ended December 31, 2018 as they are subject to measurement period adjustments for up to one year from the date of acquisition as new information is obtained about facts and circumstances that existed as of the acquisition date relating to the valuation of the acquired assets. The primary items that generated the goodwill are the value of the expected synergies between the acquired businesses and the Company and the acquired assembled workforce, neither of which qualify for recognition as a separately identified intangible asset. For the years ended December 31, 2018 and 2017, acquired goodwill of $3.6 million and $36.5 million, respectively, is expected to be deductible for tax purposes. Included in the years ended December 31, 2018 and 2017 consolidated financial results were $14.7 million and $64.5 million, respectively, of revenue and less than $0.1 million and $28.8 million, respectively, of pre-tax loss of the acquired outdoor lifestyle retail locations from the applicable acquisition dates. Pro forma information on these acquisitions has not been included, because the Company has deemed them to not be individually or cumulatively material.

Statements of Cash Flows

Statements of Cash Flows	12 Months Ended
	Dec. 31, 2018
Statements of Cash Flows
Statements 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): Year Ended December 31, December 31, December 31, 2018 2017 2016 Cash paid during the period for: Interest $ 94,591 $ 65,202 $ 61,889 Income taxes 17,683 35,432 1,622 Non-cash investing activities: Derecognized property and equipment for leases that qualified as operating leases after completion of construction (4,628) — (19,958) Property and equipment acquired through third-party capital lease arrangements — — 2,007 Leasehold improvements paid by lessor 27,022 4,908 — Vehicles transferred to property and equipment from inventory 919 1,555 530 Portion of acquisition purchase price paid through issuance of Class A common stock — 5,720 — Derecognition of non-tenant improvements 8,134 — — Capital expenditures in accounts payable and accrued liabilities 8,441 6,721 2,803 Non-cash financing activities: Derecognized right to use liabilities for leases that qualified as operating leases after completion of construction — — (20,056) Third-party capital lease arrangements to acquire property and equipment — — 2,007 Non-cash distribution of equity interest in AutoMatch USA, LLC, an indirect wholly-owned subsidiary of the Company — — (38,838) Par value of Class A common stock issued in exchange for common units in CWGS, LLC 3 130 — Par value of Class A common stock issued for vested restricted stock units 3 — — Par value of Class A common stock repurchased for withholding taxes on vested RSUs (1) — — Par value of Class A common stock issued for acquisition — 1 —

Benefit Plan

Benefit Plan	12 Months Ended
	Dec. 31, 2018
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 the Company expensed $0.9 million for its contribution to the FreedomRewards 401(k) Plan, which was paid in the following year. There were no contributions to the FreedomRewards 401(k) Plan in 2018 or 2017.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2018
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 newly issued 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 would 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. May 2017 Public Offering On May 31, 2017, the Company completed a public offering (the “May 2017 Public Offering”) in which the Company sold 4,000,000 shares of the Company’s Class A common stock at a public offering price of $27.75 per share. The Company received $106.6 million in proceeds, net of underwriting discounts and commissions, which were used to purchase 4,000,000 newly-issued common units from CWGS, LLC at a price per unit equal to the public offering price per share of Class A common stock in the May 2017 Public Offering, less underwriting discounts and commissions. In addition, on June 5, 2017, the underwriters exercised their option to purchase an additional 600,000 shares of Class A common stock. On June 9, 2017, the Company closed on the purchase of the additional 600,000 shares of Class A common stock and received $16.0 million in additional proceeds, net of underwriting discounts and commissions, which were used to purchase 600,000 newly-issued common units from CWGS, LLC at a price per unit equal to the public offering price per share of Class A common stock in the May 2017 Public Offering, less underwriting discounts and commissions. In connection with the May 2017 Public Offering, CVRV Acquisition LLC and CVRV Acquisition II LLC (the “May 2017 Selling Stockholders”), each affiliates of Crestview, sold 5,500,000 shares of the Company’s Class A common stock at the same public offering price of $27.75 per share. CVRV Acquisition LLC redeemed 4,323,083 common units of CWGS, LLC for 4,323,083 newly-issued shares of Class A common stock, which it sold in the May 2017 Public Offering along with 1,176,917 shares of Class A shares that CVRV Acquisition II LLC already held as a result of the Reorganization Transactions. Pursuant to the terms of the LLC Agreement, 4,323,083 shares of the Company’s Class B common stock registered in the name of CVRV Acquisition LLC were cancelled for no consideration on a one-for-one basis with the number of common units redeemed. In addition, on June 5, 2017, the underwriters exercised their option to purchase an additional 825,000 shares of Class A common stock from the May 2017 Selling Stockholders, in conjunction with their exercise of their option to purchase the additional 600,000 shares from the Company as described above. On June 9, 2017, the May 2017 Selling Stockholders closed on the sale of the additional 825,000 shares of Class A common stock. CVRV Acquisition LLC redeemed 648,462 common units of CWGS, LLC for 648,462 shares of Class A common stock, which it sold in the May 2017 Public Offering along with 176,538 newly-issued shares of Class A shares that CVRV Acquisition II LLC already held as a result of the Reorganization Transactions. Pursuant to the terms of the LLC Agreement, 648,462 shares of the Company’s Class B common stock registered in the name of CVRV Acquisition LLC were cancelled for no consideration on a one-for-one basis with the number of common units redeemed. The Company did not receive any proceeds relating to the sale of the May 2017 Selling Stockholders’ shares. October 2017 Public Offering On October 30, 2017, the Company completed a public offering (the “October 2017 Public Offering”) in which, CVRV Acquisition LLC, CVRV Acquisition II LLC and Crestview Advisors, LLC, each affiliates of Crestview, and CWGS Holding, LLC, a wholly owned subsidiary of ML Acquisition Company, LLC, which is indirectly owned by each of Stephen Adams, a member of Camping World’s board of directors, and Marcus Lemonis, Camping World’s Chairman and Chief Executive Officer (“October 2017 Selling Stockholders”) sold 6,700,000 shares of the Company’s Class A common stock at a public offering price of $40.50 per share. CVRV Acquisition LLC redeemed 4,715,529 common units of CWGS, LLC for 4,715,529 newly-issued shares of Class A common stock, which it sold in the October 2017 Public Offering along with 1,283,756 and 715 shares of Class A shares that CVRV Acquisition II LLC and Crestview Advisors, LLC, respectively, already held as a result of the Reorganization Transactions. Additionally, CWGS Holding, LLC redeemed 700,000 common units of CWGS, LLC for 700,000 shares of Class A common stock, which it sold in the October 2017 Public Offering. Pursuant to the terms of the LLC Agreement, 4,715,529 and 700,000 shares of the Company’s Class B common stock registered in the names of CVRV Acquisition LLC and CWGS Holding, LLC, respectively, were cancelled for no consideration on a one-for-one basis with the number of common units redeemed. In addition, the underwriters exercised their option to purchase an additional 963,799 shares of Class A common stock from the October 2017 Selling Stockholders, in conjunction with their exercise of their option to purchase up to an additional 1,005,000 shares from the October 2017 Selling Stockholders. On November 1, 2017, the October 2017 Selling Stockholders closed on the sale of the additional 963,799 shares of Class A common stock. CVRV Acquisition LLC and CWGS Holding, LLC redeemed 678,331 and 100,695 common units of CWGS, LLC, for 678,331 and 100,695 newly issued shares of Class A common stock, respectively, which they sold in the October 2017 Public Offering along with 184,669 and 104 shares of Class A shares that CVRV Acquisition II LLC and Crestview Advisors, LLC, respectively, already held as a result of the Reorganization Transactions. Pursuant to the terms of the LLC Agreement, 678,331 and 100,695 shares of the Company’s Class B common stock registered in the names of CVRV Acquisition LLC and CWGS Holding, LLC, respectively, were cancelled for no consideration on a one-for-one basis with the number of common units redeemed. The Company did not receive any proceeds relating to the October 2017 Public Offering. Short-Swing Profit Disgorgement In May 2018, the Company received an aggregate of $557,000 from short-swing profit disgorgement remitted by ML Acquisition Company, LLC, of which Marcus A. Lemonis, Chairman and Chief Executive Officer of the Company, is the sole director, which is included as an increase to additional paid-in capital in the consolidated statement of stockholders’ equity and as a financing activity in the consolidated statement of cash flows. 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), newly-issued 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, 2018
Non-Controlling Interests
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, consolidates 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 has positive or negative net assets, respectively. At December 31, 2018 and 2017, CWGS, LLC had negative and positive net assets, respectively, which resulted in negative and positive non-controlling interest amounts, respectively, on the Consolidated Balance Sheets. At the end of each period, the Company will record a non-controlling interest adjustment to additional paid-in capital such that the non-controlling interest on the Consolidated Balance Sheet is equal to the non-controlling interest’s ownership share of the underlying CWGS, LLC net assets (see the Consolidated Statement of Stockholders’ and Members’ Equity (Deficit)). As of December 31, 2018 and December 31, 2017, there were 88,867,373 and 88,639,567 common units of CWGS, LLC interests outstanding, respectively, of which CWH owned 37,192,364 and 36,749,072 common units of CWGS, LLC, respectively, representing 41.9% and 41.5% ownership interest in CWGS, LLC., respectively, and the Continuing Equity Owners owned 51,675,009 and 51,890,495 common units of CWGS, LLC, respectively, representing 58.1% and 58.5% ownership interests in CWGS, LLC, respectively. The following table summarizes the effects of changes in ownership in CWGS, LLC on the Company’s equity: Year Ended December 31, ($ in thousands) 2018 2017 2016 Net income attributable to Camping World Holdings, Inc. $ 10,398 $ 29,853 $ 188,885 Transfers to non-controlling interests: Decrease in additional paid-in capital as a result of the Reorganization Transactions — — (23,504) Decrease in additional paid-in capital as a result of the purchase of common units from CWGS, LLC with proceeds from a public offering — (87,203) (234,486) Decrease in additional paid-in capital as a result of the contribution of Class A common stock to CWGS, LLC for an acquisition by a subsidiary — (3,678) — Decrease in additional paid-in capital as a result of the purchase of common units from CWGS, LLC with proceeds from the exercise of stock options (86) (970) — Increase in additional paid-in capital as a result of the vesting of restricted stock units 881 257 — Decrease in additional paid-in capital as a result of repurchases of Class A common stock for withholding taxes on vested RSUs (1,364) Increase in additional paid-in capital as a result of the redemption of common units of CWGS, LLC 4,536 177,747 — Change from net income attributable to Camping World Holdings, Inc. and transfers to non-controlling interests $ 14,365 $ 116,006 $ (69,105)

Equity-based Compensation Plans

Equity-based Compensation Plans	12 Months Ended
	Dec. 31, 2018
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) 2018 2017 2016 Equity-based compensation expense: Costs applicable to revenue $ 820 $ 386 $ 90 Selling, general, and administrative 13,268 4,723 1,507 Total equity-based compensation expense $ 14,088 $ 5,109 $ 1,597 Total income tax benefit recognized related to equity-based compensation $ 1,350 $ 619 $ 125 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 January 1, 2016, there were 15,556 Profits Units authorized, issued and outstanding pursuant to the CWGS LLC Plan. 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 were 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 $0.9 million relating to this conversion during the year ended December 31, 2016 based on the grant date fair value. No Profits Units were granted during the year ended December 31, 2016. 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 three to five- 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 prior to the grant. The Company did not grant any stock options during the years ended December 31, 2018 or 2017. 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, 2018 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, 2017 953 $ 21.86 Exercised (7) $ 22.00 Forfeited (61) $ 22.00 Outstanding at December 31, 2018 885 $ 21.85 $ — 7.7 Options exercisable at December 31, 2018 409 $ 21.86 $ — 7.6 The weighted-average grant date fair value of stock options granted during the year ended December 31, 2016 was $7.24. At December 31, 2018, total unrecognized compensation cost related to unvested stock options was $3.0 million and is expected to be recognized over a weighted-average period of 1.8 years. The intrinsic value of stock options exercised was $0.1 million and $1.7 million for the years ended December 31, 2018 and 2017, respectively. The actual tax benefit for the tax deductions from the exercise of stock options was not significant and $0.3 million for the years ended December 31, 2018 and 2017, respectively. There were no exercises of stock options during the year ended December 31, 2016. A summary of restricted stock unit activity for the year ended December 31, 2018 is as follows: Restricted Weighted Average Stock Units Grant Date (in thousands) Fair Value Outstanding at December 31, 2017 1,247 $ 37.65 Granted 725 $ 25.73 Vested (298) $ 36.15 Forfeited (248) $ 34.70 Outstanding at December 31, 2018 1,426 $ 32.42 The weighted-average grant date fair value of restricted stock units granted during the years ended December 31, 2018, 2017 and 2016 were $25.73, $39.10, and $21.37, respectively. At December 31, 2018, the intrinsic value of unvested restricted stock units was $16.4 million. At December 31, 2018, total unrecognized compensation cost related to unvested restricted stock units was $42.0 million and is expected to be recognized over a weighted-average period of 3.3 years. The fair value of restricted stock units that vested during the years ended December 31, 2018 and 2017 was $5.6 million and $1.3 million, respectively. The actual tax benefit for the tax deductions from the vesting of restricted stock units was $0.7 million and $0.3 million for the years ended December 31, 2018 and 2017, respectively. There were no restricted stock units that vested during the year ended December 31, 2016. The restricted stock units that vested were net share settled such that the Company withheld shares with value equivalent to the employees’ minimum statutory obligation for the applicable income and other employment taxes, and remitted the cash to the appropriate taxing authorities. The total shares withheld were based on the value of the restricted stock units on their respective vesting dates as determined by the Company’s closing stock price. Total payments for the employees’ tax obligations to taxing authorities are reflected as a financing activity within the Consolidated Statements of Cash Flows. These net share settlements had the effect of share repurchases by the Company as they reduced the number of shares that would have otherwise been issued as a result of the vesting and did not represent an expense to the Company.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2018
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 (loss) 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 (loss) 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, (In thousands except per share amounts) 2018 2017 2016 Numerator: Net income $ 65,581 $ 230,692 $ 11,113 Less: net income attributable to non-controlling interests (55,183) (200,839) (9,591) Net income attributable to Camping World Holdings, Inc. — basic 10,398 29,853 1,522 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 14,240 — 3,942 Net income attributable to Camping World Holdings, Inc. — diluted $ 24,638 $ 29,853 $ 5,464 Denominator: Weighted-average shares of Class A common stock outstanding — basic 36,985 26,622 18,766 Dilutive options to purchase Class A common stock 78 — — Dilutive restricted stock units 83 — — Dilutive common units of CWGS, LLC that are convertible into Class A common stock 51,732 — 64,836 Weighted-average shares of Class A common stock outstanding — diluted 88,878 26,622 83,602 Earnings per share of Class A common stock — basic $ 0.28 $ 1.12 $ 0.08 Earnings per share of Class A common stock — diluted $ 0.28 $ 1.12 $ 0.07 Weighted-average anti-dilutive securities excluded from the computation of diluted earnings per share of Class A common stock: Stock options to purchase Class A common stock 681 1,063 1,099 Restricted stock units 1,037 393 133 Common units of CWGS, LLC that are convertible into Class A common stock — 59,995 — Shares of the Company’s Class B common stock 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 common stock or Class C common stock under the two-class method has not been presented.

Segments Information

Segments Information	12 Months Ended
	Dec. 31, 2018
Segments Information
Segments Information	22. Segment Information During the quarter ended September 30, 2018, the Company’s board of directors appointed Brent Moody, formerly the Chief Operating and Legal Officer, as President of the Company. In this new role, the Company determined that Mr. Moody now performs the role of chief operating decision maker together with the Chief Executive Officer. Additionally, responsibilities of certain members of senior management of the Company were realigned to maximize the contributions of the Company’s recent acquisitions of Retail businesses. As a result of these changes, the Company has determined that its reportable segments have changed. The Company’s new reportable segments have been identified based on various commonalities amongst the Company’s individual product lines, which is consistent with the Company’s operating structure and associated management structure and management evaluates the performance of and allocates resources to these segments based on segment revenues and segment profit. The Company did not aggregate operating segments in the determination of its reportable segments. The segment reporting for prior comparative periods have been recast to conform to the current period presentation. The Company previously had two reportable segments: (i) Consumer Services and Plans; and (ii) Retail. Following the realignment, the Company now has three reportable segments: (i) Consumer Services and Plans, (ii) Dealership, and (iii) Retail. The Company’s Consumer Services and Plans segment remains the same as prior periods and primarily derives revenue from the sale of 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. The Company has separated the prior Retail segment into two distinct segments: Dealership and Retail. The Company’s Dealership segment primarily derives revenue from the sale of new and used RVs, parts, service and other, and finance and insurance products. The Company’s Retail segment primarily derives revenue from the sale of the following: products, parts, service and other, including RV accessories and supplies; and camping, hunting, fishing, skiing, snowboarding, bicycling, skateboarding, marine and watersport equipment and supplies. As noted above, both the Dealership and Retail segments derive revenue from the sale of parts, services and other revenues since certain retail locations without associated dealerships have the capability to perform RV repair and maintenance services. Additionally, certain RV parts and accessories can be sold to customers at a dealership or retail location. The revenues and related costs of revenues for these parts and services are recorded in the segment that enters into the transaction with the customer, either Dealership or Retail. 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 a group comprised of the Chief Executive Officer and the President. Segment income, defined as income from operations before depreciation and amortization plus floor plan interest expense, is the measure of segment profit reviewed by the Company’s chief operating decision maker. Segment revenue includes intersegment revenue. Segment income includes intersegment allocations for shared resources, which includes lease expenses for Dealership and Retail locations that share space under a common property lease arrangement. 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, 2018 Consumer Services Intersegment ($ in thousands) and Plans Dealership Retail Eliminations Total Revenue: Consumer services and plans $ 216,033 $ — $ — $ (1,981) $ 214,052 New vehicles — 2,520,015 — (7,161) 2,512,854 Used vehicles — 734,938 — (2,921) 732,017 Dealership parts, services and other — 279,438 — — 279,438 Finance and insurance, net — 394,214 — (10,503) 383,711 Retail — — 791,970 (122,025) 669,945 Total consolidated revenue $ 216,033 $ 3,928,605 $ 791,970 $ (144,591) $ 4,792,017 Year Ended December 31, 2017 Consumer Services Dealership Intersegment ($ in thousands) and Plans (1) (1) (2) Retail (1)(2) Eliminations Total Revenue: Consumer services and plans $ 197,100 $ — $ — $ (1,486) $ 195,614 New vehicles — 2,442,157 — (6,229) 2,435,928 Used vehicles — 671,885 — (3,025) 668,860 Dealership parts, services and other — 246,898 — — 246,898 Finance and insurance, net — 333,988 — (7,379) 326,609 Retail — — 517,200 (111,279) 405,921 Total consolidated revenue $ 197,100 $ 3,694,928 $ 517,200 $ (129,398) $ 4,279,830 Year Ended December 31, 2016 Consumer Services Dealership Intersegment ($ in thousands) and Plans (1) (1) (2) Retail (1)(2 ) Eliminations Total Revenue: Consumer services and plans $ 186,868 $ — $ — $ (2,095) $ 184,773 New vehicles — 1,866,182 — (3,987) 1,862,195 Used vehicles — 705,893 — (2,567) 703,326 Dealership parts, services and other — 220,422 — — 220,422 Finance and insurance, net — 231,861 — (5,867) 225,994 Retail — — 429,816 (110,219) 319,597 Total consolidated revenue $ 186,868 $ 3,024,358 $ 429,816 $ (124,735) $ 3,516,307 (1) The Company has adjusted certain prior period amounts for the immaterial correction of errors. See Note 1 — Summary of Significant Accounting Policies — Revisions for Correction of Immaterial Errors. (2) The Company has adjusted certain prior period amounts for the immaterial correction of errors. For the years ended December 31, 2017 and 2016, segment revenue for the Company’s Retail segment, which was previously presented with combined Dealership and Retail segments, was originally reported as $4.1 billion and $3.3 billion, respectively. After correction of the errors totaling $5.4 million and $2.7 million for the years ended December 31, 2017 and 2016, segment revenue for the Company’s combined Dealership and Retail segments remained at $4.1 billion and $3.3 billion, respectively. See Note 1 — Summary of Significant Accounting Policies — Revisions for Correction of Immaterial Errors. Year Ended December 31, ($ in thousands) 2018 2017 2016 Segment income: (1) Consumer services and plans $ 110,517 $ 98,371 $ 89,046 Dealership (2) 265,824 290,607 198,840 Retail (2) (157,118) (23,408) 55 Total segment income 219,223 365,570 287,941 Corporate & other (6,821) (5,373) (4,382) Depreciation and amortization (49,322) (31,545) (24,695) Other interest expense, net (63,329) (42,959) (48,318) Tax Receivable Agreement liability adjustment (1,324) 100,758 — Loss and expense on debt restructure (2,056) (849) (6,270) Income before income taxes $ 96,371 $ 385,602 $ 204,276 (1) Segment income is defined as income from operations before depreciation and amortization plus floor plan interest expense. The Company has recast certain prior period amounts to conform to the three segments presented in 2018. (2) The Company has adjusted certain prior period amounts for the immaterial correction of errors. For the years ended December 31, 2017 and 2016, segment income for the Company’s Retail segment, which was previously presented with combined Dealership and Retail segments, was originally reported as $272.6 million and $201.6 million, respectively. After correction of the errors totaling $5.4 million and $2.7 million for the years ended December 31, 2017 and 2016, segment income for the Company’s combined Dealership and Retail segments was $267.2 million and $198.9 million, respectively. See Note 1 — Summary of Significant Accounting Policies — Revisions for Correction of Immaterial Errors. Year Ended December 31, ($ in thousands) 2018 2017 2016 Depreciation and amortization: Consumer services and plans $ 3,435 $ 3,688 $ 3,780 Dealership 17,124 13,792 11,679 Retail 28,175 14,065 9,236 Subtotal 48,734 31,545 24,695 Corporate & other 588 — — Total depreciation and amortization $ 49,322 $ 31,545 $ 24,695 Years ended December 31, ($ in thousands) 2018 2017 2016 Other interest expense, net: Consumer services and plans $ 4 $ (2) $ 19 Dealership 4,858 3,775 3,562 Retail 3,215 2,108 1,833 Subtotal 8,077 5,881 5,414 Corporate & other 55,252 37,078 42,904 Total interest expense $ 63,329 $ 42,959 $ 48,318 As of December 31, ($ in thousands) 2018 2017 2016 Assets: Consumer services and plans $ 174,623 $ $ Dealership 1,736,525 Retail 702,383 Subtotal 2,613,531 2,259,069 1,381,645 Corporate & other 193,156 Total assets $ 2,806,687 $ $ (1) The Company has adjusted certain prior period amounts for the immaterial correction of errors. Retail segment assets increased $0.2 million and $0.2 million as of December 31, 2017 and 2016, respectively, and Corporate & other assets increased $5.3 million and $0 million as of December 31, 2017 and 2016, respectively. See Note 1 — Summary of Significant Accounting Policies — Revisions for Correction of Immaterial Errors. Year Ended December 31, ($ in thousands) 2018 2017 2016 Capital expenditures: Consumer Services and Plans $ 2,741 $ 3,358 $ Dealership 91,961 43,588 Retail 159,657 33,825 Total capital expenditures $ 254,359 $ $ The following table presents the effect of the error corrections on the statements of reportable segment revenue and segment income for the periods indicated: Year Ended December 31, 2017 Year Ended December 31, 2016 ($ in thousands except per share amounts) As Reported Adjustment As Corrected As Reported Adjustment As Corrected Revenue: Dealership segment $ 3,700,353 $ (5,425) $ 3,694,928 $ 3,027,048 $ (2,690) $ 3,024,358 Total consolidated revenue 4,285,255 (5,425) 4,279,830 3,518,997 (2,690) 3,516,307 Segment income: Dealership 296,032 (5,425) 290,607 201,530 (2,690) 198,840 Total segment income 370,995 (5,425) 365,570 290,631 (2,690) 287,941 Income from operations before income taxes 389,956 (4,354) 385,602 206,966 (2,690) 204,276

Quarterly Financial Information

Quarterly Financial Information (Unaudited)	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)	23. Quarterly Financial Information (Unaudited) The quarterly financial information provided below for each of the quarters in the year ended December 31, 2018 reflect the adoption of ASC 606 as described in Note 2 — Revenue, which also removed the guidance for capitalization of direct response advertising that is now expensed as incurred. The three months ended December 31, 2017 reflect the provisional impact of the U.S. Tax Cuts and Jobs Act of 2017 as described in Note 11 — Income Taxes. The three months ended December 31, 2018 reflect the impairment of goodwill of $40.0 million relating to the Retail reporting unit as described in Note 6 — Goodwill and Intangible Assets. Three Months Ended December 31, September 30, June 30, March 31, December 31, September 30, June 30, March 31, ($ in thousands) 2018 2018 2018 2018 2017 2017 2017 2017 Revenue (1) $ 982,393 $ 1,309,486 $ 1,441,477 $ 1,058,661 $ 887,986 $ 1,233,933 $ 1,277,337 $ 880,574 Income from operations (1) (43,023) 80,663 117,704 45,671 43,285 108,995 134,832 68,843 Net income (loss) (1) (71,254) 46,155 77,132 13,548 (3,911) 82,323 103,606 48,674 Net income (loss) attributable to Camping World Holdings, Inc. (1) (30,328) 14,123 24,782 1,821 (15,830) 19,246 19,064 7,373 Earnings (loss) per share of Class A common stock (1): Basic $ (0.82) $ 0.38 $ 0.67 $ 0.05 $ (0.45) $ 0.65 $ 0.83 $ 0.39 Diluted $ (0.83) $ 0.38 $ 0.67 $ 0.05 $ (0.45) $ 0.65 $ 0.83 $ 0.37 (1) The Company has adjusted certain prior period amounts for the immaterial correction of errors. See Note 1 — Summary of Significant Accounting Policies — Revisions for Correction of Immaterial Errors. As a result of the immaterial errors discussed in Note 1 – Summary of Significant Accounting Policies – Revisions for Correction of Immaterial Errors, revenue, income tax expense, income attributable to non-controlling interests, were each corrected from those amounts reported in the respective Form 10-Q as follows: Three Months Ended September 30, June 30, March 31, December 31, September 30, June 30, March 31, ($ in thousands) 2018 2018 2018 2017 2017 2017 2017 Revenue - Retail - as originally reported (1) $ 184,543 $ 176,003 $ 100,091 $ 51,096 $ 46,169 $ 48,103 $ 50,246 Revenue - Retail - adjustment (1) — (112) 112 — — — — Revenue - Retail- as corrected (1) 184,543 175,891 100,203 51,096 46,169 48,103 50,246 Revenue - Dealership service, parts and other - as originally reported (1) 71,607 74,200 64,217 61,312 66,847 65,554 53,185 Revenue - Dealership service, parts and other - adjustment (1) — 268 (268) — — — — Revenue - Dealership service, parts and other - as corrected (1) 71,607 74,468 63,949 61,312 66,847 65,554 53,185 Revenue - finance and insurance, net - as originally reported (1) 109,459 124,060 91,849 64,827 100,858 100,306 66,043 Revenue - Finance and insurance, net - adjustment (1) (3,241) (3,855) (2,749) (1,006) (1,669) (1,689) (1,061) Revenue - Finance and insurance, net - as corrected (1) 106,218 120,205 89,100 63,821 99,189 98,617 64,982 Total Revenue - as originally reported (1) 1,312,727 1,445,176 1,061,566 888,992 1,235,602 1,279,026 881,635 Total Revenue - adjustment (1) (3,241) (3,699) (2,905) (1,006) (1,669) (1,689) (1,061) Total Revenue - as corrected (1) 1,309,486 1,441,477 1,058,661 887,986 1,233,933 1,277,337 880,574 Costs applicable to revenue: Consumer services and plans - as originally reported (1) 21,499 20,832 22,725 20,030 20,085 20,560 21,147 Costs applicable to revenue: Consumer services and plans - adjustment (1) — (64) 64 — — — — Costs applicable to revenue: Consumer services and plans - as corrected (1) 21,499 20,768 22,789 20,030 20,085 20,560 21,147 Costs applicable to revenue: Dealership service, parts and other - as originally reported (1) 36,503 36,102 31,766 32,614 34,923 33,920 27,394 Costs applicable to revenue: Dealership service, parts and other - adjustment (1) — 131 (131) — — — — Costs applicable to revenue: Dealership service, parts and other - as corrected (1) 36,503 36,233 31,635 32,614 34,923 33,920 27,394 Costs applicable to revenue: Retail - as originally reported (1) 116,664 111,878 64,122 66,782 73,907 61,031 34,201 Costs applicable to revenue: Retail - adjustment (1) — (45) 45 — — — — Costs applicable to revenue: Retail - as corrected (1) 116,664 111,833 64,167 66,782 73,907 61,031 34,201 Total costs applicable to revenue - as originally reported (1) 936,472 1,029,012 756,790 622,377 880,387 906,446 629,706 Total costs applicable to revenue - adjustment (1) — 22 (22) — — — — Total costs applicable to revenue - as corrected (1) 936,472 1,029,034 756,768 622,377 880,387 906,446 629,706 Selling, general and administrative expenses - as originally reported (1) 278,329 284,295 245,114 213,052 236,174 228,444 175,490 Selling, general and administrative expenses - adjustment (1) — (1,199) 1,199 — — — — Selling, general and administrative expenses - as corrected (1) 278,329 283,096 246,313 213,052 236,174 228,444 175,490 Income from operations - as originally reported (1) 83,904 120,226 49,753 44,291 110,664 136,521 69,904 Income from operations - adjustment (1) (3,241) (2,522) (4,082) (1,006) (1,669) (1,689) (1,061) Income from operations - as corrected (1) 80,663 117,704 45,671 43,285 108,995 134,832 68,843 Tax Receivable Agreement liability adjustment - as originally reported (1) — — — 99,766 (96) — 17 Tax Receivable Agreement liability adjustment - adjustment (1) — — — 1,071 — — — Tax Receivable Agreement liability adjustment - as corrected (1) — — — 100,837 (96) — 17 Other income (expense), net - as originally reported (1) 1 (1) — — — — — Other income (expense), net - adjustment (1) (1) 1 — — 1 (1) — Other income (expense), net - as corrected (1) — — — — 1 (1) — Income before taxes - as originally reported (1) 59,295 93,917 24,495 123,222 92,142 119,377 55,215 Income before taxes - adjustment (1) (3,240) (2,523) (4,082) 65 (1,668) (1,690) (1,061) Income before taxes - as corrected (1) 56,055 91,394 20,413 123,287 90,474 117,687 54,154 Income tax (expense) benefit - as originally reported (1) (11,385) (12,102) (7,219) (128,716) (8,390) (14,284) (5,592) Income tax (expense) benefit - adjustment (1) 1,485 (2,160) 354 1,518 239 203 112 Income tax (expense) benefit - as corrected (1) (9,900) (14,262) (6,865) (127,198) (8,151) (14,081) (5,480) Net income - as originally reported (1) 47,910 81,815 17,276 (5,494) 83,752 105,093 49,623 Net income - adjustment (1) (1,755) (4,683) (3,728) 1,583 (1,429) (1,487) (949) Net income - as corrected (1) 46,155 77,132 13,548 (3,911) 82,323 103,606 48,674 Income attributable to non-controlling interests - as originally reported (1) (33,893) (53,784) (14,095) (12,599) (64,163) (85,749) (42,101) Income attributable to non-controlling interests - adjustment (1) 1,861 1,434 2,368 680 1,086 1,207 800 Income attributable to non-controlling interests - as corrected (1) (32,032) (52,350) (11,727) (11,919) (63,077) (84,542) (41,301) Net income attributable to Camping World Holdings, Inc. - as originally reported (1) 14,017 28,031 3,181 (18,093) 19,589 19,344 7,522 Net income attributable to Camping World Holdings, Inc. - adjustment (1) 106 (3,249) (1,360) 2,263 (343) (280) (149) Net income attributable to Camping World Holdings, Inc. - as corrected (1) 14,123 24,782 1,821 (15,830) 19,246 19,064 7,373 Earnings per share of Class A common stock - basic - as originally reported (1) $ 0.38 $ 0.76 $ 0.09 $ (0.52) $ 0.66 $ 0.84 $ 0.40 Earnings per share of Class A common stock - basic - adjustment (1) - (0.09) (0.04) 0.07 (0.01) (0.01) (0.01) Earnings per share of Class A common stock - basic - as corrected (1) 0.38 0.67 0.05 (0.45) 0.65 0.83 0.39 Earnings per share of Class A common stock - diluted - as originally reported (1) $ 0.38 $ 0.72 $ 0.08 $ (0.52) $ 0.66 $ 0.84 $ 0.38 Earnings per share of Class A common stock - diluted- adjustment (1) - (0.05) (0.03) 0.07 (0.01) (0.01) (0.01) Earnings per share of Class A common stock - diluted - as corrected (1) 0.38 0.67 0.05 (0.45) 0.65 0.83 0.37 (1) The Company has adjusted certain prior period amounts for the immaterial correction of errors. See Note 1 — Summary of Significant Accounting Policies — Revisions for Correction of Immaterial Errors.

Schedule I - Condensed Financia

Schedule I - Condensed Financial Information of Registrant	12 Months Ended
	Dec. 31, 2018
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, December 31, 2018 2017 Assets Current assets: Cash and cash equivalents $ 31,537 $ 14,503 Intercompany receivable 2,518 — Prepaid income taxes and other 9,049 10,661 Total current assets 43,104 25,164 Deferred tax asset 144,006 150,338 Investment in subsidiaries (8,363) 15,054 Total assets $ 178,747 $ 190,556 Liabilities and stockholders' equity Current liabilities: Accrued liabilities $ — $ 313 Current portion of liabilities under Tax Receivable Agreement 9,446 8,906 Total current liabilities 9,446 9,219 Liabilities under Tax Receivable Agreement, net of current portion 124,763 130,826 Total liabilities 134,209 140,045 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, 2018 and December 31, 2017 — — Class A common stock, par value $0.01 per share – 250,000,000 shares authorized; 37,278,690 issued and 37,192,364 outstanding as of December 31, 2018 and 36,758,233 issued and 36,749,072 outstanding as of December 31, 2017 372 367 Class B common stock, par value $0.0001 per share – 75,000,000 shares authorized; 69,066,445 issued; and 50,706,629 outstanding as of December 31, 2018 and 69,066,445 issued and 50,836,629 outstanding as of December 31, 2017 5 5 Class C common stock, par value $0.0001 per share – one share authorized, issued and outstanding as of December 31, 2018 and December 31, 2017 — — Additional paid-in capital 47,531 42,520 Retained earnings (3,370) 7,619 Total stockholders' equity 44,538 50,511 Total liabilities and stockholders' equity $ 178,747 $ 190,556 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, 2018 2017 2016 Revenue: Intercompany revenue $ 7,066 $ 4,768 $ 1,564 Total revenue 7,066 4,768 1,564 Operating expenses: Selling, general, and administrative 7,066 4,770 1,564 Total operating expenses 7,066 4,770 1,564 Loss from operations — (2) — Other interest expense, net (15) — — Tax Receivable Agreement liability adjustment (1,324) 100,758 — Equity in net income of subsidiaries 39,266 82,430 2,776 Income before income taxes 37,927 183,186 2,776 Income tax expense (27,529) (153,333) (1,254) Net income $ 10,398 $ 29,853 $ 1,522 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 Year Ended Year Ended December 31, December 31, December 31, 2018 2017 2016 Operating activities Net income $ 10,398 $ 29,853 $ 1,522 Adjustments to reconcile net income to net cash used in operating activities: Equity in net income of subsidiaries (39,266) (82,430) (2,776) Deferred tax expense 10,908 133,639 928 Tax receivable agreements liability adjustment 1,324 (100,758) — Change in assets and liabilities, net of acquisitions: Intercompany receivables (2,518) — — Prepaid income taxes and other assets 1,464 (10,656) — Accounts payable and other accrued liabilities (44) (1,147) 213 Payment pursuant to Tax Receivable Agreement (8,914) (203) — Net cash used in operating activities (26,648) (31,702) (113) Investing activities Purchases of LLC Interest from CWGS, LLC (271) (124,150) (243,845) Distributions received from CWGS, LLC 65,940 66,092 3,889 Net cash provided by (used in) investing activities 65,669 (58,058) (239,956) Financing activities Proceeds from issuance of Class A common stock sold in an initial public offering net of underwriter discounts and commissions — — 243,809 Proceeds from issuance of Class A common stock sold in a public offering net of underwriter discounts and commissions — 122,544 — Proceeds from issuance of Class B common stock — — 7 Dividends paid to Class A common stockholders (22,697) (22,241) (1,515) Proceeds from exercise of stock options 153 1,728 — Disgorgement of short-swing profits by Section 16 officer 557 — — Net cash provided by (used in) financing activities (21,987) 102,031 242,301 Increase in cash and cash equivalents 17,034 12,271 2,232 Cash and cash equivalents at beginning of year 14,503 2,232 — Cash and cash equivalents at end of the year $ 31,537 $ 14,503 $ 2,232 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, 2018 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 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. $7.1 million and $40.5 million of intercompany revenue and equity in net income of subsidiaries, respectively, was eliminated in consolidation for the year ended December 31, 2018. $4.8 million and $82.0 million of intercompany revenue and equity in net income of subsidiaries, respectively, was eliminated in consolidation for the year ended December 31, 2017. $1.6 million and $2.9 million of intercompany revenue and equity in net income of subsidiaries, respectively, was eliminated in consolidation for the year ended December 31, 2016. $2.5 million of an intercompany receivable was owed to the Parent Company by CWGS, LLC at December 31, 2018. $0.1 million of an intercompany payable to CWGS, LLC was included in accrued liabilities at December 31, 2017. 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 $134.2 million and $139.7 million as of December 31, 2018 and 2017, respectively. 3. Revisions for Correction of Immaterial Errors The Parent Company corrected for errors that were immaterial to previously-reported condensed financial statements. These errors were also identified in connection with the preparation of the financial statements for the year ended December 31, 2018, and related to i) the cancellation reserve for certain of its finance and insurance offerings within the Dealership segment and ii) the calculation of the Tax Receivable Agreement liability that arose from transactions in 2017. The Parent Company evaluated the materiality of these errors both qualitatively and quantitatively in accordance with Staff Accounting Bulletin (“SAB”) No. 99, Materiality, and SAB No. 108, Considering the Effects of Prior Year Misstatements When Quantifying Misstatements in Current Year Financial Statements, and determined the effect of these corrections was not material to the previously issued financial statements. However, correcting the cumulative error during the year ended December 31, 2018 would have been material to the current period. Therefore, the amounts in the previous periods have been revised to reflect the correction of these errors. The following table presents the effect of the error corrections on the Parent Company’s condensed balance sheet for the period indicated. At December 31, 2017 ($ in thousands) As Reported Adjustment As Corrected Prepaid income taxes and other $ 2,244 $ 8,417 $ 10,661 Deferred tax asset 153,445 (3,107) 150,338 Investment in subsidiaries 24,315 (9,261) 15,054 Total assets 194,507 (3,951) 190,556 Liabilities under Tax Receivable Agreement, net of current portion 129,596 1,230 130,826 Total liabilities 138,002 2,043 140,045 Additional paid-in capital 49,941 (7,421) 42,520 Retained earnings 6,192 1,427 7,619 Total stockholders' equity 56,505 (5,994) 50,511 Total liabilities and stockholders' equity 194,507 (3,951) 190,556 The following table presents the effect of the error corrections on the Parent Company’s condensed statement of income for the period indicated. Year Ended December 31, 2017 Year Ended December 31, 2016 ($ in thousands except per share amounts) As Reported Adjustment As Corrected As Reported Adjustment As Corrected Equity in net income of subsidiaries $ 84,092 $ (1,662) $ 82,430 $ 2,877 $ (101) $ 2,776 Income tax expense (155,415) 2,082 (153,333) (1,291) 37 (1,254) Net income 28,362 1,491 29,853 1,586 (64) 1,522 The following table presents the effect of the error corrections on the Parent Company’s condensed statement of cash flows for the period indicated. Year Ended December 31, 2017 Year Ended December 31, 2016 ($ in thousands) As Reported Adjustment As Corrected As Reported Adjustment As Corrected Net income $ 28,362 $ 1,491 $ 29,853 $ 1,586 $ (64) $ 1,522 Adjustments to reconcile net income to net cash used in operating activities: Equity in net income of subsidiaries (84,092) 1,662 (82,430) (2,877) 101 (2,776) Deferred tax expense 127,305 6,334 133,639 965 (37) 928 Tax receivable agreements liability adjustment (99,687) (1,071) (100,758) — — — Prepaid income taxes and other assets (2,240) (8,416) (10,656) — — — 4. 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 11 to the consolidated financial statements for more information regarding the Parent Company's tax receivable agreement. As described in Note 11 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, 2018 and 2017, liabilities under the tax receivable agreement totaled $134.2 million and $139.7 million, respectively. See Note 13 to the consolidated financial statements for information regarding pending and threatened litigation. P ursuant to the LLC Agreement, the Parent Company receives reimbursements for all costs associated with being a public company, which includes costs of litigation. 5. Statements of Cash Flows Supplemental disclosures of cash flow information for the years ended December 31, are as follows (in thousands): Year Ended Year Ended Year Ended December 31, December 31, December 31, 2018 2017 2016 Cash paid during the period for: Interest $ 15 $ — $ — Income taxes 14,421 31,543 58 Non-cash investing activities: Portion of subsidiary's acquisition purchase price paid through issuance of Class A common stock — 5,720 — Non-cash financing activities: Par value of Class A common stock issued in exchange for common units in CWGS, LLC 3 130 — Par value of Class A common stock issued for vested restricted stock units 3 — — Par value of Class A common stock repurchased for withholding taxes on vested RSUs (1) — — Par value of Class A common stock issued for acquisition — 1 —

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2018
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, 2018 (4) $ 8,659 $ 2,444 $ (5,278) $ (1,096) $ 4,729 Year ended December 31, 2017 $ 8,753 $ 838 $ 9,658 $ (10,590) $ 8,659 Year ended December 31, 2016 $ 8,370 $ 1,332 $ 12,960 $ (13,909) $ 8,753 (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. (4) As a result of the adoption of ASC 606 on January 1, 2018, certain of the Company’s revenue streams are recorded as variable consideration and would no longer be considered to have an allowance for cancellations/returns (see Note 2 — Revenue in Part II, Item 8 of this Form 10-K). This resulted in a charge to other accounts of $5.5 million for the year ended December 31, 2018. 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, 2018 (2) $ 7,187 $ — $ (7,187) $ — $ — Year ended December 31, 2017 $ 5,737 $ — $ 6,918 $ (5,468) $ 7,187 Year ended December 31, 2016 $ 4,554 $ — $ 3,209 $ (2,026) $ 5,737 (1) Additions to cancellations /returns allowances are credited against revenue. (2) As a result of the adoption of ASC 606 on January 1, 2018, certain of the Company’s revenue streams are recorded as variable consideration and would no longer be considered to have an allowance for cancellations/returns (see Note 2 — Revenue in Part II, Item 8 of this Form 10-K). This resulted in a charge to other accounts of $7.2 million for the year ended December 31, 2018. Tax Valuation Tax Valuation Allowance Allowance Balance at Charged to Credited to Charged Balance Beginning Income Tax Income Tax to Other at End (In Thousands) of Period Provision Provision Accounts (1) of Period Valuation allowance for deferred tax assets: Year ended December 31, 2018 $ 132,468 $ 43,175 $ — $ 5,340 $ 180,983 Year ended December 31, 2017 $ 152,021 $ 11,194 $ (64,535) $ 33,788 $ 132,468 Year ended December 31, 2016 $ 44,770 $ 1,049 $ — $ 106,202 $ 152,021 (1) Amounts charged to additional paid-in capital relating to the outside basis in the investment in CWGS, LLC.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
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”). All intercompany accounts and transactions of the Company and its subsidiaries have been eliminated in consolidation. 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, 2018, 2017 and 2016, CWH owned 41.9%, 41.5% and 22.6%, respectively, of CWGS, LLC. Accordingly, the Company consolidates the financial results of CWGS, LLC and reports 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 the periods prior to the IPO and related Reorganization Transactions have been adjusted to combine the previously separate entities for presentation purposes. 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 CWGS, LLC is a holding company and operates through its subsidiaries. The Company realigned the structure of its internal organization during the three months ended September 30, 2018 in a manner that caused the composition of its reportable segments to change to the following three segments: (i) Consumer Services and Plans, (ii) Dealership, and (iii) Retail. The Company’s reportable segment financial information has been recast to reflect the updated reportable segment structure for all periods presented. See Note 22 to Consolidated Financial Statements for further information about the Company’s segments. The Company primarily provides Consumer Services and Plans offerings under its Good Sam brand, its Dealership offerings under its Camping World brand, and its Retail products primarily under the Camping World and Gander Outdoors brands. 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 Dealership segment, the Company primarily derives revenue from the sale of new and used recreational vehicles (“RVs”), sale of RV parts, services and other, and commissions on the related finance and insurance contracts. Within the Retail segment, the Company primarily derives revenue from the sale of the following: products, parts, accessories, supplies and service for RVs, and equipment, gear and supplies for camping, hunting, fishing, skiing, snowboarding, bicycling, skateboarding, marine and watersport and other outdoor activities. As noted above, both the Dealership and Retail segments derive revenue from the sale of parts, services and other revenues since certain retail locations without associated dealerships have the capability to perform RV repair and maintenance services. Additionally, certain RV parts and accessories can be sold to customers at a dealership or retail location. The revenues and related costs of revenues for these parts and services are recorded in the segment that enters into the transaction with the customer, either Dealership or Retail. The Company primarily operates in various regions throughout the United States and markets its products and services to RV owners and outdoor enthusiasts. Through dealership acquisitions, retail expansions and the opening of new greenfield locations, we have expanded our number of retail locations to 227 on December 31, 2018 from 153 on December 31, 2017. The table below summarizes our store locations as of December 31, 2018, 2017 and 2016: 2018 2017 2016 Co-habited Dealership and Retail locations 126 116 104 Stand-alone Dealership locations 15 8 1 Stand-alone Retail locations 86 29 17 Total locations 227 153 122
Revisions for Correction of Immaterial Errors	Revisions for Correction of Immaterial Errors The Company corrected for errors that were immaterial to previously-reported consolidated financial statements. These errors were identified in connection with the preparation of the financial statements for the year ended December 31, 2018, and related primarily to i) the cancellation reserve for certain of its finance and insurance offerings within the Dealership segment in other current liabilities and other long-term liabilities, ii) the calculation of the Tax Receivable Agreement liability that arose from transactions in 2017, iii) the classification in the consolidated statements of cash flows of non-cash capital expenditures included in accounts payable and non-cash leasehold improvements paid by lessor in other, net, iv) the adoption of Accounting Standards Codification (“ASC”) No. 606, Revenue from Contracts with Customers (“ASC 606”) on January 1, 2018, and v) certain disclosures described in Note 5 — Property and Equipment, net and Note 6 — Goodwill and Intangible Assets. The Company evaluated the materiality of these errors both qualitatively and quantitatively in accordance with Staff Accounting Bulletin (“SAB”) No. 99, Materiality, and SAB No. 108, Considering the Effects of Prior Year Misstatements When Quantifying Misstatements in Current Year Financial Statements, and determined the effect of these corrections was not material to the previously issued financial statements. However, correcting the cumulative error during the year ended December 31, 2018 would have been material to the current period. Therefore, the amounts in the previous periods have been revised to reflect the correction of these errors. Additionally, the Company revised members’ equity (deficit) as of January 1, 2016, to correct these errors as of the beginning of the earliest year presented in these consolidated financial statements, resulting in an increase of $14.2 million from the previously reported amount of $307.2 million to the corrected amount of $321.4 million. The consolidated Statements of Stockholders’ and Members’ Equity for the years ended December 31, 2017 and 2016 have also been revised to include the changes to net income and additional paid-in capital as noted below. The following table presents the effect of the error correction on the Company’s consolidated balance sheet for the period indicated: As of December 31, 2017 ($ in thousands) As Reported Adjustment As Corrected Prepaid expenses and other assets $ 32,721 $ 8,417 $ 41,138 Total current assets 1,798,907 8,417 1,807,324 Deferred tax assets, net 155,551 (2,868) 152,683 Total assets 2,561,477 5,549 2,567,026 Current portion of Tax Receivable Agreement liability 8,093 813 8,906 Other current liabilities 22,510 10,152 32,662 Total current liabilities 1,320,169 10,965 1,331,134 Tax Receivable Agreement liability, net of current portion 129,596 1,230 130,826 Other long-term liabilities 39,161 12,428 51,589 Total liabilities 2,470,640 24,623 2,495,263 Additional paid-in capital 49,941 (7,421) 42,520 Retained earnings 6,192 1,427 7,619 Total stockholders' equity attributable to Camping World Holdings, Inc. 56,505 (5,994) 50,511 Non-controlling interests 34,332 (13,080) 21,252 Stockholders' equity (deficit) 90,837 (19,074) 71,763 Total liabilities and stockholders' equity 2,561,477 5,549 2,567,026 The following table presents the effect of the error corrections on the consolidated statements of income for the periods indicated: Year Ended December 31, 2017 Year Ended December 31, 2016 ($ in thousands except per share amounts) As Reported Adjustment As Corrected As Reported Adjustment As Corrected Revenue: Finance and insurance, net $ 332,034 $ (5,425) $ 326,609 $ 228,684 $ (2,690) $ 225,994 Total revenue 4,285,255 (5,425) 4,279,830 3,518,997 (2,690) 3,516,307 Income from operations 361,380 (5,425) 355,955 279,190 (2,690) 276,500 Tax Receivable Agreement liability adjustment 99,687 1,071 100,758 — — — Income before income taxes 389,956 (4,354) 385,602 206,966 (2,690) 204,276 Income tax expense (156,982) 2,072 (154,910) (5,907) 107 (5,800) Net income 232,974 (2,282) 230,692 201,059 (2,583) 198,476 Net income attributable to non-controlling interests (204,612) 3,773 (200,839) (9,942) 351 (9,591) Net income attributable to Camping World Holdings, Inc. 28,362 1,491 29,853 191,117 (2,232) 188,885 Earnings per share of Class A common stock: Basic $ 1.07 $ 0.05 $ 1.12 $ 0.08 $ — $ 0.08 Diluted $ 1.07 $ 0.05 $ 1.12 $ 0.07 $ — $ 0.07 The following table presents the effect of the error corrections on the consolidated statements of cash flows for the periods indicated: Year Ended December 31, 2017 Year Ended December 31, 2016 ($ in thousands except per share amounts) As Reported Adjustment As Corrected As Reported Adjustment As Corrected Net income $ 232,974 $ (2,282) $ 230,692 $ 201,059 $ (2,583) $ 198,476 Adjustments to reconcile net income to net cash used in operating activities: Deferred income taxes 124,622 6,344 130,966 3,765 (107) 3,658 Tax Receivable Agreement liability adjustment (99,687) (1,071) (100,758) — — — Prepaid expenses and other assets (11,827) (8,417) (20,244) (4,625) — (4,625) Accounts payable and other accrued expenses 53,646 (1,491) 52,155 12,310 1,605 13,915 Other, net 9,619 (304) 9,315 7,686 1,169 8,855 Net cash provided by (used in) operating activities (9,094) (7,221) (16,315) 215,691 84 215,775 Cash flows from investing activities: Purchases of property and equipment (66,780) 7,221 (59,559) (39,782) (84) (39,866) Net cash used in investing activities (475,676) 7,221 (468,455) (115,703) (84) (115,787) The impact of these error corrections to relevant segment and quarterly financial information is presented in Notes 22 and 23 to these consolidated financial statements, respectively.
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 the reported amounts of revenue and expenses during the reporting period. Actual results may differ from those 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 evaluates estimates and assumptions used in the preparation of the financial statements and makes 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, 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.
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. These retail installment sales contracts are typically funded within ten days of the initial approval of the retail installment sales contract by the third-party lender.
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, 2018 and 2017 was approximately $142.2 million and $227.9 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 Dealership inventories consist primarily of new and used recreational vehicles 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. Dealership 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 cost or net realizable value. The cost of Retail inventory consists of the direct cost of the merchandise including freight.
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 40 Leasehold improvements 3 - 40 Furniture, fixtures and equipment 3-12 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 6 – Goodwill and Intangible Assets). Finite‑lived intangibles are recorded at cost, net of accumulated amortization and, if applicable, impairment charges. As of December 31, 2018, the approximate weighted average useful lives of our Consumer Services and Plans finite‑lived intangible assets are as follows: membership and customer lists – 5.3 years. The approximate weighted average useful lives of our Retail finite‑lived intangible assets are as follows: customer lists and domain names – 4.6 years, trademarks and trade names – 15.0 years, and websites – 8.4 years. The weighted-average useful life of all our finite-lived intangible assets is approximately 12.3 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 $15.7 million and $16.1 million at December 31, 2018 and 2017, 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, 2018 and 2017, these letters of credit were approximately $14.0 million and $12.2 million, respectively. This includes $10.4 million and $8.9 million as of December 31, 2018 and 2017, respectively, issued under the FreedomRoads, LLC Floor Plan Facility (see Note 4 — Inventories and Notes Payable — Floor Plan, net), and the balance issued under the Company’s Senior Secured Credit Facilities (see Note 8 — 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 For periods after the adoption of ASC 606 on January 1, 2018 (see Note 2 — Revenue): Revenues are recognized by the Company when control of the promised goods or services is transferred to its customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. Sales and other taxes collected from the customer concurrent with revenue-producing activities are excluded from revenue. Incidental items that are immaterial in the context of the contract are recognized as expense. The Company’s contracts with customers may include multiple performance obligations. For such arrangements, the Company allocates revenue to each performance obligation based on its relative stand-alone selling price. The Company generally determines stand-alone selling prices based on the prices charged to customers or using the adjusted market assessment approach. The Company presents disaggregated revenue on its consolidated statements of operations. Consumer Services and Plans revenue consists of revenue from club memberships, 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 contractual 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 spending with such third-party credit card provider and for acquiring new cardholders. Marketing fees for finance, insurance, extended service and other similar products are recognized as variable consideration, net of estimated cancellations, if applicable, when a product contract payment has been received or financing has been arranged. These marketing fees are recorded net as the Company acts as an agent in the transaction. The related estimate for cancellations on the marketing fees for multi-year finance and insurance products utilize actuarial analysis to estimate the exposure. Promotional expenses consist primarily of direct mail advertising expenses and renewal expenses and are expensed at the time related materials are mailed. Newsstand sales of publications and related expenses are recorded as variable consideration at the time of delivery, net of estimated 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. Revenue and related expenses for consumer shows are recognized when the show occurs. Dealership revenue consists of sales of new and used recreational vehicles, sales of RV parts and services, and commissions on the related finance and insurance contracts. Revenue from the sale of recreational vehicles is recognized upon completion of the sale to the customer. Conditions to completing a sale include having an agreement with the customer, including pricing, whereby the sales price must be reasonably expected to be collected and having control transferred to the customer. Revenue from Dealership parts, services and other products sales is recognized over time as work is completed, and when parts are delivered to our customers. For service and parts revenues recorded over time, the Company utilizes a method that considers total costs incurred to date and the applicable margin in relation to total expected efforts to complete our performance obligation in order to determine the appropriate amount of revenue to recognize over time. Finance and insurance revenue is recorded net, since the Company is acting as an agent in the transaction, and 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. These proceeds are recorded as variable consideration, net of estimated chargebacks. Retail revenue consists of sales of products, parts and services and other products, including RV accessories and supplies, and camping, hunting, fishing, skiing, snowboarding, bicycling, skateboarding, marine and watersport equipment and supplies. Revenue from products, parts, and services sales is recognized over time as work is completed, and when parts are delivered to our customers. For service and parts revenues recorded over time, the Company utilizes a method that considers total costs incurred to date and the applicable margin in relation to total expected efforts to complete our performance obligation in order to determine the appropriate amount of revenue to recognize over time. E-commerce sales are recognized when the product is shipped and recorded as variable consideration, net of anticipated merchandise returns which reduce revenue and cost of sales in the period that the related sales are recorded. For periods prior to the adoption of ASC 606 on January 1, 2018 (see Note 2 — Revenue): 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. Sales and other taxes collected from the customer concurrent with revenue-producing activities are excluded from revenue. Consumer Services and Plans revenue consists of 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. RA revenues are deferred and recognized over the life of the membership. RA claim expenses are recognized when incurred. Certain Consumer Services and Plans memberships may be sold bundled with a merchandise certificate to a Camping World retail location. The selling price of the membership is typically determined based on vendor specific objective evidence (“VSOE”) or, in the absence of VSOE, the selling price is determined by management's best estimate of selling price, which considers market and economic conditions, internal costs, pricing, and discounting practices. The selling price of the merchandise certificate is determined based management’s best estimated selling price, which considers the face value of the discount provided by the merchandise certificate and adjusts for the likelihood that the merchandise certificate will be redeemed. The bundled price is then allocated between the membership and merchandise certificate based on their relative selling prices. Royalty revenue is earned under the terms of an arrangement with a third party credit card provider based on a percentage of our 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. These marketing fees are recorded net as the Company acts as an agent in the transaction. The related estimate for cancellations on the marketing fees for multi-year finance and insurance products utilize actuarial analysis to estimate the exposure. 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 vehicles, commissions on related finance and insurance contracts, and sales of parts, services and other products. Revenue from the sale of vehicles 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 when products are sold in the retail stores, shipped for mail and internet orders, or upon 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 we receive 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, 2017, $6.5 million of advertising expenses were capitalized as direct response advertising, of which $5.2 million was reported as assets and $1.2 million was reported net of related deferred revenue. As of January 1, 2018, the Company implemented ASC 606, which removed the guidance for capitalization of direct response advertising that is now expensed as incurred. Other advertising expenses were expensed as incurred. Advertising expenses for the years ended December 31, 2018, 2017 and 2016 were $112.4 million, $86.6 million and $76.0 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, 2018, 2017, and 2016, $4.9 million, $4.1 million, and $2.3 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 asset and 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 11 — Income Taxes.
Recently Adopted Accounting Pronouncements and Recently Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements In May 2014, the FASB issued Accounting Standards Update (“ASU”) No. 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 is 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 Company adopted the amendments of this ASU on January 1, 2018, and the adoption did not materially impact its consolidated financial statements or results of operations (see Note 2 — Revenue for further details). 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”). This ASU addresses several specific cash flow issues with the objective of reducing the diversity in practice of how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The Company adopted the amendments of this ASU on January 1, 2018, and the adoption did not materially impact its consolidated financial statements, results of operations, or statements of cash flows. In August 2018, the FASB issued ASU No. 2018-13, Changes to the Disclosure Requirements for Fair Value Measurement (Topic 820) (“ASU 2018-13”). This standard eliminates, amends, and adds disclosure requirements for fair value measurements. The amended and new disclosure requirements primarily relate to Level 3 fair value measurements. The standard will be effective for fiscal years beginning after December 15, 2019. The removal and amendment of certain disclosures may be early adopted with retrospective application while the new disclosure requirements are to be applied prospectively. The Company early adopted the amendments of this ASU on October 1, 2018, and the adoption did not materially impact its consolidated financial statements or results of operations. Recently Issued Accounting Pronouncements In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-02” or “ASC 842”). The FASB has subsequently issued several related ASUs that clarified the implementation guidance for certain aspects of ASU 2016-02, which are effective upon the adoption of ASU 2016-02. The amendments in this ASU relate to the accounting for leasing transactions. ASC 842 requires lessees to recognize a right-of-use asset and a lease liability on the balance sheet for all leases (with the exception of short-term leases) at the lease commencement date and recognize expenses on the income statement in a similar manner to the current guidance in ASC 840, Leases ("ASC 840"). The lease liability will be measured as the present value of the unpaid lease payments and the right-of-use asset will be derived from the calculation of the lease liability adjusted for initial direct costs, prepaid lease payments, and lease incentives. Lease payments will include fixed and in-substance fixed payments, variable payments based on an index or rate, reasonably certain purchase options, termination penalties where the lease term reflects the election of a termination option, fees paid by the lessee to the owners of a special-purpose entity for restructuring the transaction, and probable amounts the lessee will owe under a residual value guarantee. Lease payments will not include variable lease payments other than those that depend on an index or rate, any guarantee by the lessee of the lessor’s debt, or any amount allocated to non-lease components. The discount rate used to derive the present value of unpaid lease payments will be based on the rates implicit in the lease, or if not available, the incremental borrowing rate. The Company established a project team to evaluate and implement ASC 842, which is substantially complete with its implementation efforts. Based on analysis of the property leases and other contracts, the Company currently believes the most significant impact of ASC 842 on its accounting will be the balance sheet impact of its real estate operating leases, which will significantly increase assets and liabilities. In addition, ASC 842 eliminates the current build-to-suit lease accounting guidance and is expected to result in derecognition of build-to-suit assets and liabilities that remained on the balance sheet after the end of the construction period, including any related deferred taxes. Also, ASC 842 makes changes to sale-leaseback accounting to result in the recognition of the gain on the transaction at the time of the sale instead of recognizing over the leaseback period, when the transaction is deemed to be a sale instead of a financing arrangement. ASC 842 further changes the assessment of sale accounting from a transfer of risk and rewards assessment to a transfer of control assessment. The Company plans to elect the package of practical expedients available under the transition provisions of ASC 842, including (i) not reassessing whether expired or existing contracts contain leases, (ii) lease classification, and (iii) not revaluing initial direct costs for existing leases. Also, the Company plans to elect the practical expedient which will allow aggregation of non-lease components with the related lease components when evaluating accounting treatment for equipment and billboard leases. Lastly, the Company will apply the modified retrospective adoption method, utilizing the simplified transition option available in ASC 842, which allows entities to continue to apply the legacy guidance in ASC 840, including its disclosure requirements, in the comparative periods presented in the year of adoption. The Company will adopt ASC 842 on January 1, 2019. The expected impact of applying ASC 842 effective as of January 1, 2019, to the Company’s statements of income and cash flows is not expected to be significant. The expected major impacts to the balance sheet will be 1) the addition of between $785.0 million and $885.0 million in operating lease right-of-use assets, 2) the addition of between $835.0 million and $935.0 million of lease liabilities, 3) the removal of approximately $3.7 million, $8.2 million, and $54.2 million of property and equipment, net; deferred revenues and gains; and other liabilities, respectively, and 4) a cumulative-effect adjustment for the adoption of ASC 842 will be recorded to retained earnings and non-controlling interests for the net differences in assets and liabilities adjusted as a result of applying ASC 842, as described above. The Company does not expect the adoption of the ASC 842 to impact any of its existing debt covenants. In August 2018, the FASB issued ASU No. 2018-15, Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract (“ASU 2018-15”). This standard aligns the accounting for implementation costs incurred in a cloud computing arrangement that is a service arrangement (i.e., hosting arrangement) with the guidance on capitalizing costs in ASC 350-40, Internal-Use Software. The ASU permits either a prospective or retrospective transition approach. The standard will be effective for fiscal years beginning after December 15, 2019. The Company will adopt ASU 2018-15 on January 1, 2020. The Company is currently evaluating the impact that the adoption of the provisions of the ASU will have on its consolidated financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
Summary of Significant Accounting Policies
Schedule of retail locations	2018 2017 2016 Co-habited Dealership and Retail locations 126 116 104 Stand-alone Dealership locations 15 8 1 Stand-alone Retail locations 86 29 17 Total locations 227 153 122
Schedule of restatements	As of December 31, 2017 ($ in thousands) As Reported Adjustment As Corrected Prepaid expenses and other assets $ 32,721 $ 8,417 $ 41,138 Total current assets 1,798,907 8,417 1,807,324 Deferred tax assets, net 155,551 (2,868) 152,683 Total assets 2,561,477 5,549 2,567,026 Current portion of Tax Receivable Agreement liability 8,093 813 8,906 Other current liabilities 22,510 10,152 32,662 Total current liabilities 1,320,169 10,965 1,331,134 Tax Receivable Agreement liability, net of current portion 129,596 1,230 130,826 Other long-term liabilities 39,161 12,428 51,589 Total liabilities 2,470,640 24,623 2,495,263 Additional paid-in capital 49,941 (7,421) 42,520 Retained earnings 6,192 1,427 7,619 Total stockholders' equity attributable to Camping World Holdings, Inc. 56,505 (5,994) 50,511 Non-controlling interests 34,332 (13,080) 21,252 Stockholders' equity (deficit) 90,837 (19,074) 71,763 Total liabilities and stockholders' equity 2,561,477 5,549 2,567,026 Year Ended December 31, 2017 Year Ended December 31, 2016 ($ in thousands except per share amounts) As Reported Adjustment As Corrected As Reported Adjustment As Corrected Revenue: Finance and insurance, net $ 332,034 $ (5,425) $ 326,609 $ 228,684 $ (2,690) $ 225,994 Total revenue 4,285,255 (5,425) 4,279,830 3,518,997 (2,690) 3,516,307 Income from operations 361,380 (5,425) 355,955 279,190 (2,690) 276,500 Tax Receivable Agreement liability adjustment 99,687 1,071 100,758 — — — Income before income taxes 389,956 (4,354) 385,602 206,966 (2,690) 204,276 Income tax expense (156,982) 2,072 (154,910) (5,907) 107 (5,800) Net income 232,974 (2,282) 230,692 201,059 (2,583) 198,476 Net income attributable to non-controlling interests (204,612) 3,773 (200,839) (9,942) 351 (9,591) Net income attributable to Camping World Holdings, Inc. 28,362 1,491 29,853 191,117 (2,232) 188,885 Earnings per share of Class A common stock: Basic $ 1.07 $ 0.05 $ 1.12 $ 0.08 $ — $ 0.08 Diluted $ 1.07 $ 0.05 $ 1.12 $ 0.07 $ — $ 0.07 Year Ended December 31, 2017 Year Ended December 31, 2016 ($ in thousands except per share amounts) As Reported Adjustment As Corrected As Reported Adjustment As Corrected Net income $ 232,974 $ (2,282) $ 230,692 $ 201,059 $ (2,583) $ 198,476 Adjustments to reconcile net income to net cash used in operating activities: Deferred income taxes 124,622 6,344 130,966 3,765 (107) 3,658 Tax Receivable Agreement liability adjustment (99,687) (1,071) (100,758) — — — Prepaid expenses and other assets (11,827) (8,417) (20,244) (4,625) — (4,625) Accounts payable and other accrued expenses 53,646 (1,491) 52,155 12,310 1,605 13,915 Other, net 9,619 (304) 9,315 7,686 1,169 8,855 Net cash provided by (used in) operating activities (9,094) (7,221) (16,315) 215,691 84 215,775 Cash flows from investing activities: Purchases of property and equipment (66,780) 7,221 (59,559) (39,782) (84) (39,866) Net cash used in investing activities (475,676) 7,221 (468,455) (115,703) (84) (115,787)
Schedule of Property and Equipment, estimated useful lives of the assets	Years Building and improvements 40 Leasehold improvements 3 - 40 Furniture, fixtures and equipment 3-12 Software 3-5

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Dec. 31, 2018
Summary of total unsatisfied performance obligation for these revenue streams, that the Company expects to recognize the amounts as revenue	The total unsatisfied performance obligation for these revenue streams at December 31, 2018 and the periods during which the Company expects to recognize the amounts as revenue are presented as follows (in thousands): As of December 31, 2018 2018 $ 86,876 2019 27,608 2020 13,376 2021 6,759 2022 3,405 Thereafter 6,637 Total $ 144,661
ASU 2014-09
Summary of cumulative effect of the changes made to the consolidated January 1, 2018 balance sheet for the adoption of ASC 606 and impact of the adoption of ASC 606 on the consolidated balance sheet and statement of operations	The following table details the cumulative effect of the changes made to the consolidated January 1, 2018 balance sheet for the adoption of ASC 606 (in thousands): Balance at Adjustments Balance at December 31, Due to January 1, 2017 ASU 2014-09 2018 Assets Accounts receivable, net $ 79,881 $ (1,489) $ 78,392 Inventories 1,415,915 (5,142) 1,410,773 Prepaid expenses and other assets 41,138 4,508 45,646 Deferred tax assets, net 152,683 (303) 152,380 Other assets 21,903 (4,051) 17,852 Liabilities Accrued liabilities 101,929 (6,598) 95,331 Deferred revenues and gains, current 77,669 857 78,526 Deferred revenues and gains, non-current 64,061 (471) 63,590 Other long-term liabilities 51,589 (4,051) 47,538 Equity Retained earnings 7,619 1,310 8,929 Non-controlling interests 21,252 2,476 23,728 The adjustments above related primarily to i) the deferral of sales commissions expenses relating to multiyear consumer services and plans and the recording of such expenses over the same period as the recognition of the related revenues, ii) adjustment of recognition period of RV service revenue from point-in-time to over time, iii) adjustment of capitalized direct-response advertising to expense when the advertising is mailed instead of over the expected benefit period, iv) reclassification of estimated product returns from inventory to prepaid expenses and other assets, v) reclassification of expected refunds previously included in deferred revenues and gains to accrued liabilities, and vi) reclassification and adjustment of the point obligation for the Coast to Coast service from accrued liabilities to deferred revenues and gains. The following table details the impact of the adoption of ASC 606 on the consolidated balance sheet as of December 31, 2018 (in thousands): December 31, 2018 As Balances Without Effect of Change Reported Adoption of ASC 606 Higher/(Lower) Assets Accounts receivable, net $ 85,711 $ 88,966 $ (3,255) Inventories 1,558,970 1,567,409 (8,439) Prepaid expenses and other assets 51,710 42,823 8,887 Deferred tax assets, net 145,943 146,246 (303) Other assets 18,326 23,515 (5,189) Liabilities Accrued liabilities 124,619 131,671 (7,052) Deferred revenues and gains, current 88,054 87,806 248 Deferred revenues and gains, non-current 67,157 68,312 (1,155) Other long-term liabilities 79,958 85,147 (5,189) Equity Retained earnings (3,370) (5,051) 1,681 Non-controlling interests (11,621) (14,789) 3,168 The following table details the impact of the adoption of ASC 606 on the consolidated statement of operations for the year ended December 31, 2018 (in thousands): Year Ended December 31, 2018 Balances Without Effect of Change As Reported Adoption of ASC 606 Higher/(Lower) Revenue Consumer services and plans $ 214,052 $ 214,112 $ (60) Dealership parts, services and other 279,438 279,493 (55) Retail 669,945 669,896 49 Costs applicable to revenue Consumer services and plans 86,687 87,268 (581) Dealership parts, services and other 140,076 140,083 (7) Retail 445,187 445,158 29 Operating and income tax expenses Selling, general, and administrative 1,069,359 1,070,053 (694) Income tax expense 30,790 30,666 124 Net income Net income 65,581 64,518 1,063 Less: net income attributable to non-controlling interests (55,183) (54,491) (692) Net income attributable to Camping World Holdings, Inc. 10,398 10,027 371

Receivables (Tables)

Receivables (Tables)	12 Months Ended
	Dec. 31, 2018
Receivables
Summary of receivables	Receivables consisted of the following at December 31, (in thousands): 2018 2017 Consumer Services and Plans $ 19,586 $ 28,178 Dealership New and used vehicles 3,129 3,168 Parts, service and other 15,761 7,616 Trade accounts receivable 13,907 13,881 Due from manufacturers 20,645 18,746 Other 8,822 7,332 Retail 8,259 3,656 Other — 4 90,109 82,581 Allowance for doubtful accounts (4,398) (2,700) $ 85,711 $ 79,881

Inventories, net and Notes Pa_2

Inventories, net and Notes Payable - Floor Plan, net (Tables)	12 Months Ended
	Dec. 31, 2018
Inventories, net and Notes Payable - Floor Plan, net
Schedule of inventories	Inventories consisted of the following at December 31, (in thousands): December 31, December 31, 2018 2017 Consumer services and plans $ 459 $ 387 Dealership: New RVs 1,017,910 1,113,178 Used RVs 124,527 106,210 Dealership parts, accessories and miscellaneous 6,591 7,802 Retail 409,483 188,338 $ 1,558,970 $ 1,415,915
Schedule of outstanding amounts and available borrowing	The following table details the outstanding amounts and available borrowings under the Floor Plan Facility as of December 31, (in thousands): December 31, December 31, 2018 2017 Floor Plan Facility: Notes payable — floor plan: Total commitment $ 1,415,000 $ 1,415,000 Less: borrowings, net (885,980) (974,043) Less: flooring line aggregate interest reduction account (97,757) (106,055) Additional borrowing capacity 431,263 334,902 Less: accounts payable for sold inventory (33,928) (31,311) Less: purchase commitments (22,530) (77,144) Unencumbered borrowing capacity $ 374,805 $ 226,447 Revolving line of credit $ 60,000 $ 35,000 Less borrowings (38,739) — Additional borrowing capacity $ 21,261 $ 35,000 Letters of credit: Total commitment $ 15,000 $ 15,000 Less: outstanding letters of credit (10,380) (9,369) Additional letters of credit capacity $ 4,620 $ 5,631

Property and Equipment, net (Ta

Property and Equipment, net (Tables)	12 Months Ended
	Dec. 31, 2018
Property and Equipment, net
Property and Equipment, net	Property and equipment consisted of the following at December 31, (in thousands): December 31, December 31, 2018 2017 Land $ 36,997 $ 12,243 Buildings and improvements 54,967 17,791 Leasehold improvements - inclusive of right to use assets 155,975 107,354 Furniture and equipment 199,536 130,204 Software 80,769 68,087 Software systems development and construction in progress 32,165 34,384 560,409 370,063 Less: accumulated depreciation and amortization (200,554) (172,041) Property and equipment, net $ 359,855 $ 198,022

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2018
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, 2018 and 2017 (in thousands): Consumer Services and Plans Dealership Retail Consolidated Balance as of January 1, 2017 (excluding impairment charges) $ 96,828 $ 246,929 $ 11,109 $ 354,866 Accumulated impairment charges (46,884) (143,798) (11,109) (201,791) Balance as of January 1, 2017 49,944 103,131 — 153,075 Acquisitions — 158,845 36,467 195,312 Balance as of December 31, 2017 49,944 261,976 36,467 348,387 Acquisitions 376 46,821 3,579 50,776 Impairment charge — — (40,046) (40,046) Balance as of December 31, 2018 $ 50,320 $ 308,797 $ — $ 359,117
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): December 31, 2018 Cost or Accumulated Fair Value Amortization Net Consumer Services and Plans: Membership and customer lists $ 9,140 $ (7,174) $ 1,966 Retail: Customer lists and domain names 3,415 (1,559) 1,856 Trademarks and trade names 29,304 (2,853) 26,451 Websites 6,074 (1,063) 5,011 $ 47,933 $ (12,649) $ 35,284 December 31, 2017 Cost or Accumulated Fair Value Amortization Net Consumer Services and Plans: Membership and customer lists $ 8,375 $ (6,431) $ 1,944 Retail: Customer lists and domain names 3,914 (1,048) 2,866 Trademarks and trade names 28,987 (901) 28,086 Websites 6,073 (262) 5,811 $ 47,349 $ (8,642) $ 38,707
Schedule of amortization of finite lived intangibles assets	The aggregate future five‑year amortization of finite‑lived intangibles at December 31, 2018, was as follows (in thousands): 2019 $ 4,509 2020 3,640 2021 3,218 2022 3,023 2023 2,489 Thereafter 18,405 $ 35,284

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	12 Months Ended
	Dec. 31, 2018
Accrued Liabilities
Schedule Of Accrued liabilities	Accrued liabilities consisted of the following at December 31, (in thousands): 2018 2017 Compensation and benefits $ 34,745 $ Other accruals 89,874 $ 124,619 $

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
	Dec. 31, 2018
Long-Term Debt.
Long-Term debt	The following reflects outstanding long‑term debt as of December 31 (in thousands): December 31, December 31, 2018 2017 Term Loan Facility (1) $ 1,156,345 $ 916,902 Real Estate Facility (2) 9,520 — Subtotal 1,165,865 916,902 Less: current portion (12,977) (9,465) Total $ 1,152,888 $ 907,437 (1) Net of $5.4 million and $6.0 million original issue discount at December 31, 2018 and 2017, respectively, and $13.4 million and $14.2 million of finance costs at December 31, 2018 and 2017, respectively. (2) Net of $0.2 million of finance costs at December 31, 2018.
Schedule of Aggregate Maturities of Long-term Debt	The aggregate future maturities of long‑term debt at December 31, 2018, were as follows (in thousands): 2019 $ 12,977 2020 12,917 2021 12,483 2022 12,483 2023 1,133,977 Total $ 1,184,837

Capital Lease Obligations (Tabl

Capital Lease Obligations (Tables)	12 Months Ended
	Dec. 31, 2018
Capital Lease Obligations.
Schedule of leases in property and equipment	The capital leases are scheduled to be repaid in 2019. The Company has included these leases in property and equipment, net at December 31, as follows (in thousands): 2018 2017 Furniture and equipment $ 5,741 $ Accumulated depreciation (4,917) (4,379) $ 824 $ 1,362

Right to Use Liability (Tables)

Right to Use Liability (Tables)	12 Months Ended
	Dec. 31, 2018
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): December 31, December 31, 2018 2017 Right to use assets $ 5,400 $ 10,673 Accumulated depreciation (540) (926) $ 4,860 $ 9,747
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): 2019 $ 486 2020 486 2021 486 2022 486 2023 486 Thereafter (1) 7,889 Total minimum lease payments 10,319 Amounts representing interest (5,172) Present value of net minimum right to use liability payments $ 5,147 (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 (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
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): 2018 2017 2016 Current: Federal $ 13,828 $ 19,496 $ 845 State 5,598 4,448 1,297 Deferred: Federal 11,970 97,792 3,571 State (606) 33,174 87 Income tax expense $ 30,790 $ 154,910 $ 5,800
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): 2018 2017 2016 Income taxes computed at federal statutory rate (1) $ 20,238 $ 134,961 $ State income taxes – net of federal benefit (1) 4,313 13,570 Other differences: Federal alternative minimum tax and state and local taxes on pass-through entities 1,076 1,072 1,013 Income taxes computed at the effective federal and state statutory rate for pass-through entities not subject to tax for the Company (2) (41,367) (84,747) (75,774) Increase in valuation allowance 43,175 11,194 Impact of 2017 Tax Act (3) — 78,222 — Impact of other state tax rate changes (2,020) — — Goodwill impairment 6,158 — — Other (783) 638 — Income tax expense $ 30,790 $ $ (1) Federal and state tax for 2018 and 2017 include the tax effect of $0.3 million of income tax expense and $38.8 million of income tax benefit, respectively, relating to the reduction in the Tax Receivable Agreement liability. (2) The related income is taxable to the noncontrolling interest for periods after the Company’s IPO and taxable to the holders of membership units prior to the Company’s IPO. (3) Excludes the tax effect of $0.3 million of income tax expense and $38.8 million of income tax benefit for 2018 and 2017, respectively, relating to the reduction in the Tax Receivable Agreement liability, which is included in federal and state tax.
Summary of significant items comprising the net deferred tax asset	Significant items comprising the net deferred tax assets at December 31, were (in thousands): 2018 2017 Deferred tax liabilities Accelerated depreciation $ (6,468) $ (5,147) Prepaid expenses (1,238) (302) Intangible assets (3,474) (3,501) Other — (305) (11,180) (9,255) Deferred tax assets Investment impairment 21,974 21,647 Inventory related 6,479 170 Gift cards 1,478 744 Deferred revenues 322 304 Accrual for employee benefits and severance 1,401 1,221 Stock option expense 440 218 Investment in partnership 208,749 208,559 Tax Receivable Agreement liability 34,184 35,319 AMT credit — 609 Net operating loss carryforward 51,654 17,518 Claims reserves 126 440 Intangible assets 547 113 Goodwill 3,836 996 Deferred book gain 770 851 Other reserves 6,146 5,697 338,106 294,406 Valuation allowance (180,983) (132,468) Net deferred tax assets $ 145,943 $ 152,683

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value Measurements
Summary of aggregate carrying value and fair value of fixed rate debt	Fair Value 12/31/2018 12/31/2017 ($ in thousands) Measurement Carrying Value Fair Value Carrying Value Fair Value Term Loan Facility Level 2 $ 1,156,345 $ 1,116,338 $ 916,902 $ 953,269 Floor Plan Facility Revolving Line of Credit Level 2 38,739 40,139 — — Real Estate Facility Level 2 9,520 10,850 — —

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2018
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, 2018, were as follows (in thousands): Third Party Related Party Total 2019 $ 116,131 $ 2,248 $ 118,379 2020 111,008 2,248 113,256 2021 106,740 2,248 108,988 2022 102,496 2,145 104,641 2023 99,594 1,930 101,524 Thereafter 811,228 18,951 830,179 Total $ 1,347,197 $ 29,770 $ 1,376,967

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2018
Assets Or Stock Of Multiple Dealership Locations Acquired
Acquisitions
Summary of the purchase price allocations	Year Ended December 31, Estimated ($ in thousands) 2018 2017 Life Tangible assets (liabilities) acquired (assumed): Cash and cash equivalents $ 2,648 $ — Contracts in transit 104 — Accounts receivable, net 100 1,250 Inventory, net 43,067 121,808 Prepaid expenses and other assets 124 — Property and equipment, net 532 1,450 Deferred tax asset, net 48 — Other assets — 164 Accounts payable (64) (569) Accrued liabilities (1,096) (2,480) Deferred revenues and gains (168) — Total tangible net assets acquired 45,295 121,623 Intangible assets acquired: Membership and customer lists 766 793 4-7 years Total intangible assets acquired 766 793 Goodwill 47,197 158,815 Purchase price 93,258 281,231 Cash and cash equivalents acquired (2,648) — Cash paid for acquisition, net of cash acquired 90,610 281,231 Inventory purchases financed via floor plan (34,313) (99,451) Cash payment net of floor plan financing $ 56,297 $ 181,780
Acquisitions Excluding Dealership Locations
Acquisitions
Summary of the purchase price allocations	Year Ended December 31, Estimated ($ in thousands) 2018 2017 Life Tangible assets (liabilities) acquired (assumed): Cash and cash equivalents $ — $ 591 Accounts receivable — 174 Inventory 4,599 50,171 Prepaid expenses and other assets 77 1,262 Property and equipment 416 10,311 Accounts payable — (9,965) Accrued and other liabilities (359) (2,438) Other liabilities — (4,098) Total tangible net assets acquired 4,733 46,008 Intangible assets acquired: Trademarks and trade names 318 28,987 15 years Membership and customer lists — 500 6 years Websites — 6,074 10 years Total intangible assets acquired 318 35,561 Goodwill 3,579 36,467 Purchase price 8,630 118,036 Cash and cash equivalents acquired — (591) Non-cash consideration - Class A shares issued — (5,720) Cash paid for acquisition, net of cash acquired $ 8,630 $ 111,725

Statements of Cash Flows (Table

Statements of Cash Flows (Tables)	12 Months Ended
	Dec. 31, 2018
Statements 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): Year Ended December 31, December 31, December 31, 2018 2017 2016 Cash paid during the period for: Interest $ 94,591 $ 65,202 $ 61,889 Income taxes 17,683 35,432 1,622 Non-cash investing activities: Derecognized property and equipment for leases that qualified as operating leases after completion of construction (4,628) — (19,958) Property and equipment acquired through third-party capital lease arrangements — — 2,007 Leasehold improvements paid by lessor 27,022 4,908 — Vehicles transferred to property and equipment from inventory 919 1,555 530 Portion of acquisition purchase price paid through issuance of Class A common stock — 5,720 — Derecognition of non-tenant improvements 8,134 — — Capital expenditures in accounts payable and accrued liabilities 8,441 6,721 2,803 Non-cash financing activities: Derecognized right to use liabilities for leases that qualified as operating leases after completion of construction — — (20,056) Third-party capital lease arrangements to acquire property and equipment — — 2,007 Non-cash distribution of equity interest in AutoMatch USA, LLC, an indirect wholly-owned subsidiary of the Company — — (38,838) Par value of Class A common stock issued in exchange for common units in CWGS, LLC 3 130 — Par value of Class A common stock issued for vested restricted stock units 3 — — Par value of Class A common stock repurchased for withholding taxes on vested RSUs (1) — — Par value of Class A common stock issued for acquisition — 1 —

Non-Controlling Interest (Table

Non-Controlling Interest (Tables)	12 Months Ended
	Dec. 31, 2018
Non-Controlling Interests
Schedule of effects of change in ownership	Year Ended December 31, ($ in thousands) 2018 2017 2016 Net income attributable to Camping World Holdings, Inc. $ 10,398 $ 29,853 $ 188,885 Transfers to non-controlling interests: Decrease in additional paid-in capital as a result of the Reorganization Transactions — — (23,504) Decrease in additional paid-in capital as a result of the purchase of common units from CWGS, LLC with proceeds from a public offering — (87,203) (234,486) Decrease in additional paid-in capital as a result of the contribution of Class A common stock to CWGS, LLC for an acquisition by a subsidiary — (3,678) — Decrease in additional paid-in capital as a result of the purchase of common units from CWGS, LLC with proceeds from the exercise of stock options (86) (970) — Increase in additional paid-in capital as a result of the vesting of restricted stock units 881 257 — Decrease in additional paid-in capital as a result of repurchases of Class A common stock for withholding taxes on vested RSUs (1,364) Increase in additional paid-in capital as a result of the redemption of common units of CWGS, LLC 4,536 177,747 — Change from net income attributable to Camping World Holdings, Inc. and transfers to non-controlling interests $ 14,365 $ 116,006 $ (69,105)

Equity-based Compensation Pla_2

Equity-based Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2018
Equity-based Compensation Plans
Schedule of equity-based compensation expense classified with the consolidated statements of operations	Year Ended December 31, ($ in thousands) 2018 2017 2016 Equity-based compensation expense: Costs applicable to revenue $ 820 $ 386 $ 90 Selling, general, and administrative 13,268 4,723 1,507 Total equity-based compensation expense $ 14,088 $ 5,109 $ 1,597 Total income tax benefit recognized related to equity-based compensation $ 1,350 $ 619 $ 125
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, 2017 953 $ 21.86 Exercised (7) $ 22.00 Forfeited (61) $ 22.00 Outstanding at December 31, 2018 885 $ 21.85 $ — 7.7 Options exercisable at December 31, 2018 409 $ 21.86 $ — 7.6
Summary of restricted stock unit activity	Restricted Weighted Average Stock Units Grant Date (in thousands) Fair Value Outstanding at December 31, 2017 1,247 $ 37.65 Granted 725 $ 25.73 Vested (298) $ 36.15 Forfeited (248) $ 34.70 Outstanding at December 31, 2018 1,426 $ 32.42

Earnings Per Unit (Tables)

Earnings Per Unit (Tables)	12 Months Ended
	Dec. 31, 2018
Class A common stock
Schedule of reconciliations of the numerators and denominators used to compute basic and diluted earnings	Year Ended December 31, (In thousands except per share amounts) 2018 2017 2016 Numerator: Net income $ 65,581 $ 230,692 $ 11,113 Less: net income attributable to non-controlling interests (55,183) (200,839) (9,591) Net income attributable to Camping World Holdings, Inc. — basic 10,398 29,853 1,522 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 14,240 — 3,942 Net income attributable to Camping World Holdings, Inc. — diluted $ 24,638 $ 29,853 $ 5,464 Denominator: Weighted-average shares of Class A common stock outstanding — basic 36,985 26,622 18,766 Dilutive options to purchase Class A common stock 78 — — Dilutive restricted stock units 83 — — Dilutive common units of CWGS, LLC that are convertible into Class A common stock 51,732 — 64,836 Weighted-average shares of Class A common stock outstanding — diluted 88,878 26,622 83,602 Earnings per share of Class A common stock — basic $ 0.28 $ 1.12 $ 0.08 Earnings per share of Class A common stock — diluted $ 0.28 $ 1.12 $ 0.07 Weighted-average anti-dilutive securities excluded from the computation of diluted earnings per share of Class A common stock: Stock options to purchase Class A common stock 681 1,063 1,099 Restricted stock units 1,037 393 133 Common units of CWGS, LLC that are convertible into Class A common stock — 59,995 —

Segments Information (Tables)

Segments Information (Tables)	12 Months Ended
	Dec. 31, 2018
Segments Information
Reportable segment revenue	Year Ended December 31, 2018 Consumer Services Intersegment ($ in thousands) and Plans Dealership Retail Eliminations Total Revenue: Consumer services and plans $ 216,033 $ — $ — $ (1,981) $ 214,052 New vehicles — 2,520,015 — (7,161) 2,512,854 Used vehicles — 734,938 — (2,921) 732,017 Dealership parts, services and other — 279,438 — — 279,438 Finance and insurance, net — 394,214 — (10,503) 383,711 Retail — — 791,970 (122,025) 669,945 Total consolidated revenue $ 216,033 $ 3,928,605 $ 791,970 $ (144,591) $ 4,792,017 Year Ended December 31, 2017 Consumer Services Dealership Intersegment ($ in thousands) and Plans (1) (1) (2) Retail (1)(2) Eliminations Total Revenue: Consumer services and plans $ 197,100 $ — $ — $ (1,486) $ 195,614 New vehicles — 2,442,157 — (6,229) 2,435,928 Used vehicles — 671,885 — (3,025) 668,860 Dealership parts, services and other — 246,898 — — 246,898 Finance and insurance, net — 333,988 — (7,379) 326,609 Retail — — 517,200 (111,279) 405,921 Total consolidated revenue $ 197,100 $ 3,694,928 $ 517,200 $ (129,398) $ 4,279,830 Year Ended December 31, 2016 Consumer Services Dealership Intersegment ($ in thousands) and Plans (1) (1) (2) Retail (1)(2 ) Eliminations Total Revenue: Consumer services and plans $ 186,868 $ — $ — $ (2,095) $ 184,773 New vehicles — 1,866,182 — (3,987) 1,862,195 Used vehicles — 705,893 — (2,567) 703,326 Dealership parts, services and other — 220,422 — — 220,422 Finance and insurance, net — 231,861 — (5,867) 225,994 Retail — — 429,816 (110,219) 319,597 Total consolidated revenue $ 186,868 $ 3,024,358 $ 429,816 $ (124,735) $ 3,516,307 (1) The Company has adjusted certain prior period amounts for the immaterial correction of errors. See Note 1 — Summary of Significant Accounting Policies — Revisions for Correction of Immaterial Errors. (2) The Company has adjusted certain prior period amounts for the immaterial correction of errors. For the years ended December 31, 2017 and 2016, segment revenue for the Company’s Retail segment, which was previously presented with combined Dealership and Retail segments, was originally reported as $4.1 billion and $3.3 billion, respectively. After correction of the errors totaling $5.4 million and $2.7 million for the years ended December 31, 2017 and 2016, segment revenue for the Company’s combined Dealership and Retail segments remained at $4.1 billion and $3.3 billion, respectively. See Note 1 — Summary of Significant Accounting Policies — Revisions for Correction of Immaterial Errors.
Reportable segment income	Year Ended December 31, ($ in thousands) 2018 2017 2016 Segment income: (1) Consumer services and plans $ 110,517 $ 98,371 $ 89,046 Dealership (2) 265,824 290,607 198,840 Retail (2) (157,118) (23,408) 55 Total segment income 219,223 365,570 287,941 Corporate & other (6,821) (5,373) (4,382) Depreciation and amortization (49,322) (31,545) (24,695) Other interest expense, net (63,329) (42,959) (48,318) Tax Receivable Agreement liability adjustment (1,324) 100,758 — Loss and expense on debt restructure (2,056) (849) (6,270) Income before income taxes $ 96,371 $ 385,602 $ 204,276 (1) Segment income is defined as income from operations before depreciation and amortization plus floor plan interest expense. The Company has recast certain prior period amounts to conform to the three segments presented in 2018. (2) The Company has adjusted certain prior period amounts for the immaterial correction of errors. For the years ended December 31, 2017 and 2016, segment income for the Company’s Retail segment, which was previously presented with combined Dealership and Retail segments, was originally reported as $272.6 million and $201.6 million, respectively. After correction of the errors totaling $5.4 million and $2.7 million for the years ended December 31, 2017 and 2016, segment income for the Company’s combined Dealership and Retail segments was $267.2 million and $198.9 million, respectively. See Note 1 — Summary of Significant Accounting Policies — Revisions for Correction of Immaterial Errors.
Reportable depreciation and amortization and other interest expense, net	Year Ended December 31, ($ in thousands) 2018 2017 2016 Depreciation and amortization: Consumer services and plans $ 3,435 $ 3,688 $ 3,780 Dealership 17,124 13,792 11,679 Retail 28,175 14,065 9,236 Subtotal 48,734 31,545 24,695 Corporate & other 588 — — Total depreciation and amortization $ 49,322 $ 31,545 $ 24,695 Years ended December 31, ($ in thousands) 2018 2017 2016 Other interest expense, net: Consumer services and plans $ 4 $ (2) $ 19 Dealership 4,858 3,775 3,562 Retail 3,215 2,108 1,833 Subtotal 8,077 5,881 5,414 Corporate & other 55,252 37,078 42,904 Total interest expense $ 63,329 $ 42,959 $ 48,318
Reportable segment assets	As of December 31, ($ in thousands) 2018 2017 2016 Assets: Consumer services and plans $ 174,623 $ $ Dealership 1,736,525 Retail 702,383 Subtotal 2,613,531 2,259,069 1,381,645 Corporate & other 193,156 Total assets $ 2,806,687 $ $ (1) The Company has adjusted certain prior period amounts for the immaterial correction of errors. Retail segment assets increased $0.2 million and $0.2 million as of December 31, 2017 and 2016, respectively, and Corporate & other assets increased $5.3 million and $0 million as of December 31, 2017 and 2016, respectively. See Note 1 — Summary of Significant Accounting Policies — Revisions for Correction of Immaterial Errors. Year Ended December 31, ($ in thousands) 2018 2017 2016 Capital expenditures: Consumer Services and Plans $ 2,741 $ 3,358 $ Dealership 91,961 43,588 Retail 159,657 33,825 Total capital expenditures $ 254,359 $ $
Schedule of the effect of the error corrections on the statements of reportable segment revenue and segment income	Year Ended December 31, 2017 Year Ended December 31, 2016 ($ in thousands except per share amounts) As Reported Adjustment As Corrected As Reported Adjustment As Corrected Revenue: Dealership segment $ 3,700,353 $ (5,425) $ 3,694,928 $ 3,027,048 $ (2,690) $ 3,024,358 Total consolidated revenue 4,285,255 (5,425) 4,279,830 3,518,997 (2,690) 3,516,307 Segment income: Dealership 296,032 (5,425) 290,607 201,530 (2,690) 198,840 Total segment income 370,995 (5,425) 365,570 290,631 (2,690) 287,941 Income from operations before income taxes 389,956 (4,354) 385,602 206,966 (2,690) 204,276

Quarterly Financial Informati_2

Quarterly Financial Information (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2018
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) 2018 2018 2018 2018 2017 2017 2017 2017 Revenue (1) $ 982,393 $ 1,309,486 $ 1,441,477 $ 1,058,661 $ 887,986 $ 1,233,933 $ 1,277,337 $ 880,574 Income from operations (1) (43,023) 80,663 117,704 45,671 43,285 108,995 134,832 68,843 Net income (loss) (1) (71,254) 46,155 77,132 13,548 (3,911) 82,323 103,606 48,674 Net income (loss) attributable to Camping World Holdings, Inc. (1) (30,328) 14,123 24,782 1,821 (15,830) 19,246 19,064 7,373 Earnings (loss) per share of Class A common stock (1): Basic $ (0.82) $ 0.38 $ 0.67 $ 0.05 $ (0.45) $ 0.65 $ 0.83 $ 0.39 Diluted $ (0.83) $ 0.38 $ 0.67 $ 0.05 $ (0.45) $ 0.65 $ 0.83 $ 0.37 (1) The Company has adjusted certain prior period amounts for the correction of an error. See reconciliation below and Note 1 — Summary of Significant Accounting Policies — Revisions for Correction of Immaterial Errors. Three Months Ended September 30, June 30, March 31, December 31, September 30, June 30, March 31, ($ in thousands) 2018 2018 2018 2017 2017 2017 2017 Revenue - Retail - as originally reported (1) $ 184,543 $ 176,003 $ 100,091 $ 51,096 $ 46,169 $ 48,103 $ 50,246 Revenue - Retail - adjustment (1) — (112) 112 — — — — Revenue - Retail- as corrected (1) 184,543 175,891 100,203 51,096 46,169 48,103 50,246 Revenue - Dealership service, parts and other - as originally reported (1) 71,607 74,200 64,217 61,312 66,847 65,554 53,185 Revenue - Dealership service, parts and other - adjustment (1) — 268 (268) — — — — Revenue - Dealership service, parts and other - as corrected (1) 71,607 74,468 63,949 61,312 66,847 65,554 53,185 Revenue - finance and insurance, net - as originally reported (1) 109,459 124,060 91,849 64,827 100,858 100,306 66,043 Revenue - Finance and insurance, net - adjustment (1) (3,241) (3,855) (2,749) (1,006) (1,669) (1,689) (1,061) Revenue - Finance and insurance, net - as corrected (1) 106,218 120,205 89,100 63,821 99,189 98,617 64,982 Total Revenue - as originally reported (1) 1,312,727 1,445,176 1,061,566 888,992 1,235,602 1,279,026 881,635 Total Revenue - adjustment (1) (3,241) (3,699) (2,905) (1,006) (1,669) (1,689) (1,061) Total Revenue - as corrected (1) 1,309,486 1,441,477 1,058,661 887,986 1,233,933 1,277,337 880,574 Costs applicable to revenue: Consumer services and plans - as originally reported (1) 21,499 20,832 22,725 20,030 20,085 20,560 21,147 Costs applicable to revenue: Consumer services and plans - adjustment (1) — (64) 64 — — — — Costs applicable to revenue: Consumer services and plans - as corrected (1) 21,499 20,768 22,789 20,030 20,085 20,560 21,147 Costs applicable to revenue: Dealership service, parts and other - as originally reported (1) 36,503 36,102 31,766 32,614 34,923 33,920 27,394 Costs applicable to revenue: Dealership service, parts and other - adjustment (1) — 131 (131) — — — — Costs applicable to revenue: Dealership service, parts and other - as corrected (1) 36,503 36,233 31,635 32,614 34,923 33,920 27,394 Costs applicable to revenue: Retail - as originally reported (1) 116,664 111,878 64,122 66,782 73,907 61,031 34,201 Costs applicable to revenue: Retail - adjustment (1) — (45) 45 — — — — Costs applicable to revenue: Retail - as corrected (1) 116,664 111,833 64,167 66,782 73,907 61,031 34,201 Total costs applicable to revenue - as originally reported (1) 936,472 1,029,012 756,790 622,377 880,387 906,446 629,706 Total costs applicable to revenue - adjustment (1) — 22 (22) — — — — Total costs applicable to revenue - as corrected (1) 936,472 1,029,034 756,768 622,377 880,387 906,446 629,706 Selling, general and administrative expenses - as originally reported (1) 278,329 284,295 245,114 213,052 236,174 228,444 175,490 Selling, general and administrative expenses - adjustment (1) — (1,199) 1,199 — — — — Selling, general and administrative expenses - as corrected (1) 278,329 283,096 246,313 213,052 236,174 228,444 175,490 Income from operations - as originally reported (1) 83,904 120,226 49,753 44,291 110,664 136,521 69,904 Income from operations - adjustment (1) (3,241) (2,522) (4,082) (1,006) (1,669) (1,689) (1,061) Income from operations - as corrected (1) 80,663 117,704 45,671 43,285 108,995 134,832 68,843 Tax Receivable Agreement liability adjustment - as originally reported (1) — — — 99,766 (96) — 17 Tax Receivable Agreement liability adjustment - adjustment (1) — — — 1,071 — — — Tax Receivable Agreement liability adjustment - as corrected (1) — — — 100,837 (96) — 17 Other income (expense), net - as originally reported (1) 1 (1) — — — — — Other income (expense), net - adjustment (1) (1) 1 — — 1 (1) — Other income (expense), net - as corrected (1) — — — — 1 (1) — Income before taxes - as originally reported (1) 59,295 93,917 24,495 123,222 92,142 119,377 55,215 Income before taxes - adjustment (1) (3,240) (2,523) (4,082) 65 (1,668) (1,690) (1,061) Income before taxes - as corrected (1) 56,055 91,394 20,413 123,287 90,474 117,687 54,154 Income tax (expense) benefit - as originally reported (1) (11,385) (12,102) (7,219) (128,716) (8,390) (14,284) (5,592) Income tax (expense) benefit - adjustment (1) 1,485 (2,160) 354 1,518 239 203 112 Income tax (expense) benefit - as corrected (1) (9,900) (14,262) (6,865) (127,198) (8,151) (14,081) (5,480) Net income - as originally reported (1) 47,910 81,815 17,276 (5,494) 83,752 105,093 49,623 Net income - adjustment (1) (1,755) (4,683) (3,728) 1,583 (1,429) (1,487) (949) Net income - as corrected (1) 46,155 77,132 13,548 (3,911) 82,323 103,606 48,674 Income attributable to non-controlling interests - as originally reported (1) (33,893) (53,784) (14,095) (12,599) (64,163) (85,749) (42,101) Income attributable to non-controlling interests - adjustment (1) 1,861 1,434 2,368 680 1,086 1,207 800 Income attributable to non-controlling interests - as corrected (1) (32,032) (52,350) (11,727) (11,919) (63,077) (84,542) (41,301) Net income attributable to Camping World Holdings, Inc. - as originally reported (1) 14,017 28,031 3,181 (18,093) 19,589 19,344 7,522 Net income attributable to Camping World Holdings, Inc. - adjustment (1) 106 (3,249) (1,360) 2,263 (343) (280) (149) Net income attributable to Camping World Holdings, Inc. - as corrected (1) 14,123 24,782 1,821 (15,830) 19,246 19,064 7,373 Earnings per share of Class A common stock - basic - as originally reported (1) $ 0.38 $ 0.76 $ 0.09 $ (0.52) $ 0.66 $ 0.84 $ 0.40 Earnings per share of Class A common stock - basic - adjustment (1) - (0.09) (0.04) 0.07 (0.01) (0.01) (0.01) Earnings per share of Class A common stock - basic - as corrected (1) 0.38 0.67 0.05 (0.45) 0.65 0.83 0.39 Earnings per share of Class A common stock - diluted - as originally reported (1) $ 0.38 $ 0.72 $ 0.08 $ (0.52) $ 0.66 $ 0.84 $ 0.38 Earnings per share of Class A common stock - diluted- adjustment (1) - (0.05) (0.03) 0.07 (0.01) (0.01) (0.01) Earnings per share of Class A common stock - diluted - as corrected (1) 0.38 0.67 0.05 (0.45) 0.65 0.83 0.37 (1) The Company has adjusted certain prior period amounts for the correction of an error. See Note 1 — Summary of Significant Accounting Policies — Revisions for Correction of Immaterial Errors.

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Description of Business (Details) $ in Thousands	Oct. 06, 2016	Dec. 31, 2018USD ($)segmentlocation	Dec. 31, 2017USD ($)segmentlocation	Dec. 31, 2016USD ($)location
Segments Information
Number of locations | location		227	153	122
Number of reportable segments | segment		3	2
Cash flow statements
Net cash provided by operating activities | $		$ 136,292	$ (16,315)	$ 215,775
Net cash used in investing activities | $		$ (292,689)	(468,455)	(115,787)
Adjustment
Cash flow statements
Net cash provided by operating activities | $			(7,221)	84
Net cash used in investing activities | $			$ 7,221	$ (84)
Co-habited Dealership and Retail locations
Segments Information
Number of locations | location		126	116	104
Stand-alone Dealership locations
Segments Information
Number of locations | location		15	8	1
Stand-alone Retail locations
Segments Information
Number of locations | location		86	29	17
CWH | CWGS, LLC
Segments Information
Ownership interest	22.60%	41.90%	41.50%	22.60%

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Reclassifications and Revisions (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016		Jan. 01, 2018	Dec. 31, 2015
Restatement
Decrease in deferred tax asset											$ 43,000
Assets
Prepaid expenses and other assets	$ 51,710				$ 41,138				$ 51,710		41,138				$ 45,646
Total current assets	1,888,162				1,807,324				1,888,162		1,807,324
Deferred tax assets, net	145,943				152,683				145,943		152,683				152,380
Total assets	2,806,687				2,567,026				2,806,687		2,567,026		$ 1,456,061
Liabilities and stockholders' equity
Current portion of Tax Receivable Agreement liability	9,446				8,906				9,446		8,906
Other current liabilities	39,211				32,662				39,211		32,662
Total current liabilities	1,305,118				1,331,134				1,305,118		1,331,134
Tax Receivable Agreement liability, net of current portion	124,763				130,826				124,763		130,826
Other long-term liabilities	79,958				51,589				79,958		51,589				47,538
Total liabilities	2,773,770				2,495,263				2,773,770		2,495,263
Additional paid-in capital					42,520						42,520
Retained earnings	(3,370)				7,619				(3,370)		7,619				8,929
Total stockholders' equity attributable to Camping World Holdings, Inc.	44,538				50,511				44,538		50,511
Non-controlling interests	(11,621)				21,252				(11,621)		21,252				$ 23,728
Stockholders'/members' equity (deficit) noncontrolling interest	32,917				71,763				32,917		71,763		(161,007)			$ (321,445)
Total liabilities and stockholders' / members' equity (deficit)	2,806,687				2,567,026				2,806,687		2,567,026
Members' equity (deficit)																321,400
Revenue:
Revenue	982,393	$ 1,309,486	$ 1,441,477	$ 1,058,661	887,986	$ 1,233,933	$ 1,277,337	$ 880,574	4,792,017		4,279,830		3,516,307
Costs applicable to revenue:
Costs applicable to revenue		936,472	1,029,034	756,768	622,377	880,387	906,446	629,706	3,429,085		3,038,916		2,522,574
Income from operations	(43,023)	80,663	117,704	45,671	43,285	108,995	134,832	68,843	201,015		355,955		276,500
Tax Receivable Agreement liability adjustment					100,837	(96)		17	(1,324)		100,758
Income before income taxes		56,055	91,394	20,413	123,287	90,474	117,687	54,154	96,371		385,602		204,276
Income tax expense		(9,900)	(14,262)	(6,865)	(127,198)	(8,151)	(14,081)	(5,480)	(30,790)		(154,910)		(5,800)
Net income	(71,254)	46,155	77,132	13,548	(3,911)	82,323	103,606	48,674	65,581		230,692		198,476
Net income attributable to non-controlling interests		(32,032)	(52,350)	(11,727)	(11,919)	(63,077)	(84,542)	(41,301)	(55,183)		(200,839)		(9,591)
Net income attributable to Camping World Holdings, Inc.	(30,328)	14,123	24,782	1,821	(15,830)	19,246	19,064	7,373	10,398		$ 29,853		$ 188,885
Earnings per share of Class A common stock:
Basic											$ 1.12		$ 0.08
Diluted											$ 1.12		$ 0.07
Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract]
Net income	(71,254)	$ 46,155	$ 77,132	$ 13,548	(3,911)	82,323	$ 103,606	48,674	65,581		$ 230,692		$ 198,476
Adjustments to reconcile net income to net cash used in operating activities:
Deferred income taxes									11,364		130,966		3,658
Tax Receivable Agreement liability adjustment					(100,837)	$ 96		$ (17)	1,324		(100,758)
Prepaid expenses and other assets									(8,290)		(20,244)		(4,625)
Accounts payable and other accrued expenses									45,230		52,155		13,915
Other, net									13,767		9,315		8,855
Net cash provided by (used in) operating activities									136,292		(16,315)		215,775
Cash flows from investing activities:
Purchases of property and equipment									(133,557)		(59,559)		(39,866)
Net cash used in investing activities									(292,689)		(468,455)		(115,787)
Class A common stock
Liabilities and stockholders' equity
Stockholders'/members' equity (deficit) noncontrolling interest	$ 372				$ 367				372		367		189
Costs applicable to revenue:
Net income									65,581		230,692		11,113
Net income attributable to non-controlling interests									$ (55,183)		$ (200,839)		$ (9,591)
Earnings per share of Class A common stock:
Basic	$ (0.82)	$ 0.38	$ 0.67	$ 0.05	$ (0.45)	$ 0.65	$ 0.83	$ 0.39	$ 0.28	[1]	$ 1.12	[1]	$ 0.08	[1]
Diluted	$ (0.83)	$ 0.38	$ 0.67	$ 0.05	$ (0.45)	$ 0.65	$ 0.83	$ 0.37	$ 0.28	[1]	$ 1.12	[1]	$ 0.07	[1]
Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract]
Net income									$ 65,581		$ 230,692		$ 11,113
New vehicles
Revenue:
Revenue									2,512,854		2,435,928		1,862,195
Used vehicles
Revenue:
Revenue									732,017		668,860		703,326
Finance and insurance, net
Revenue:
Revenue		$ 106,218	$ 120,205	$ 89,100	$ 63,821	$ 99,189	$ 98,617	$ 64,982	383,711		326,609		225,994
Operating Segments
Assets
Total assets	$ 2,613,531				2,259,069				2,613,531		2,259,069		1,381,645
Costs applicable to revenue:
Income from operations									219,223		365,570		287,941
Income before income taxes											365,570		287,941
Retail
Revenue:
Revenue									669,945		405,921		319,597
Costs applicable to revenue:
Costs applicable to revenue									445,187		235,921		176,673
Retail | Operating Segments
Assets
Total assets	$ 702,383				360,546				702,383		360,546		147,318
Revenue:
Revenue									791,970		517,200		429,816
Costs applicable to revenue:
Income from operations									$ (157,118)		(23,408)		55
As Reported
Assets
Prepaid expenses and other assets					32,721						32,721
Total current assets					1,798,907						1,798,907
Deferred tax assets, net					155,551						155,551
Total assets					2,561,477						2,561,477
Liabilities and stockholders' equity
Current portion of Tax Receivable Agreement liability					8,093						8,093
Other current liabilities					22,510						22,510
Total current liabilities					1,320,169						1,320,169
Tax Receivable Agreement liability, net of current portion					129,596						129,596
Other long-term liabilities					39,161						39,161
Total liabilities					2,470,640						2,470,640
Additional paid-in capital					49,941						49,941
Retained earnings					6,192						6,192
Total stockholders' equity attributable to Camping World Holdings, Inc.					56,505						56,505
Non-controlling interests					34,332						34,332
Stockholders'/members' equity (deficit) noncontrolling interest					90,837						90,837
Total liabilities and stockholders' / members' equity (deficit)					2,561,477						2,561,477
Members' equity (deficit)																(307,200)
Revenue:
Revenue		1,312,727	1,445,176	1,061,566	888,992	1,235,602	1,279,026	881,635			4,285,255		3,518,997
Costs applicable to revenue:
Costs applicable to revenue		936,472	1,029,012	756,790	622,377	880,387	906,446	629,706
Income from operations		83,904	120,226	49,753	44,291	110,664	136,521	69,904			361,380		279,190
Tax Receivable Agreement liability adjustment					99,766	(96)		17			99,687
Income before income taxes		59,295	93,917	24,495	123,222	92,142	119,377	55,215			389,956		206,966
Income tax expense		(11,385)	(12,102)	(7,219)	(128,716)	(8,390)	(14,284)	(5,592)			(156,982)		(5,907)
Net income		47,910	81,815	17,276	(5,494)	83,752	105,093	49,623			232,974		201,059
Net income attributable to non-controlling interests		(33,893)	(53,784)	(14,095)	(12,599)	(64,163)	(85,749)	(42,101)			(204,612)		(9,942)
Net income attributable to Camping World Holdings, Inc.		14,017	28,031	3,181	(18,093)	19,589	19,344	7,522			$ 28,362		$ 191,117
Earnings per share of Class A common stock:
Basic											$ 1.07		$ 0.08
Diluted											$ 1.07		$ 0.07
Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract]
Net income		$ 47,910	$ 81,815	$ 17,276	(5,494)	83,752	$ 105,093	49,623			$ 232,974		$ 201,059
Adjustments to reconcile net income to net cash used in operating activities:
Deferred income taxes											124,622		3,765
Tax Receivable Agreement liability adjustment					$ (99,766)	$ 96		$ (17)			(99,687)
Prepaid expenses and other assets											(11,827)		(4,625)
Accounts payable and other accrued expenses											53,646		12,310
Other, net											9,619		7,686
Net cash provided by (used in) operating activities											(9,094)		215,691
Cash flows from investing activities:
Purchases of property and equipment											(66,780)		(39,782)
Net cash used in investing activities											(475,676)		(115,703)
As Reported | Class A common stock
Earnings per share of Class A common stock:
Basic		$ 0.38	$ 0.76	$ 0.09	$ (0.52)	$ 0.66	$ 0.84	$ 0.40
Diluted		$ 0.38	$ 0.72	$ 0.08	$ (0.52)	$ 0.66	$ 0.84	$ 0.38
As Reported | Finance and insurance, net
Revenue:
Revenue		$ 109,459	$ 124,060	$ 91,849	$ 64,827	$ 100,858	$ 100,306	$ 66,043			332,034		228,684
As Reported | Operating Segments
Costs applicable to revenue:
Income before income taxes											370,995		290,631
Adjustment
Assets
Prepaid expenses and other assets					8,417						8,417
Total current assets					8,417						8,417
Deferred tax assets, net					(2,868)						(2,868)
Total assets					5,549						5,549
Liabilities and stockholders' equity
Current portion of Tax Receivable Agreement liability					813						813
Other current liabilities					10,152						10,152
Total current liabilities					10,965						10,965
Tax Receivable Agreement liability, net of current portion					1,230						1,230
Other long-term liabilities					12,428						12,428
Total liabilities					24,623						24,623
Additional paid-in capital					(7,421)						(7,421)
Retained earnings					1,427						1,427
Total stockholders' equity attributable to Camping World Holdings, Inc.					(5,994)						(5,994)
Non-controlling interests					(13,080)						(13,080)
Stockholders'/members' equity (deficit) noncontrolling interest					(19,074)						(19,074)
Total liabilities and stockholders' / members' equity (deficit)					5,549						5,549
Members' equity (deficit)																$ (14,200)
Revenue:
Revenue		(3,241)	(3,699)	(2,905)	(1,006)	(1,669)	(1,689)	(1,061)			(5,425)		(2,690)
Costs applicable to revenue:
Costs applicable to revenue			22	(22)
Income from operations		(3,241)	(2,522)	(4,082)	(1,006)	(1,669)	(1,689)	(1,061)			(5,425)		(2,690)
Tax Receivable Agreement liability adjustment					1,071						1,071
Income before income taxes		(3,240)	(2,523)	(4,082)	65	(1,668)	(1,690)	(1,061)			(4,354)		(2,690)
Income tax expense		1,485	(2,160)	354	1,518	239	203	112			2,072		107
Net income		(1,755)	(4,683)	(3,728)	1,583	(1,429)	(1,487)	(949)			(2,282)		(2,583)
Net income attributable to non-controlling interests		1,861	1,434	2,368	680	1,086	1,207	800			3,773		351
Net income attributable to Camping World Holdings, Inc.		106	(3,249)	(1,360)	2,263	(343)	(280)	(149)			$ 1,491		(2,232)
Earnings per share of Class A common stock:
Basic											$ 0.05
Diluted											$ 0.05
Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract]
Net income		(1,755)	$ (4,683)	$ (3,728)	1,583	$ (1,429)	$ (1,487)	$ (949)			$ (2,282)		(2,583)
Adjustments to reconcile net income to net cash used in operating activities:
Deferred income taxes											6,344		(107)
Tax Receivable Agreement liability adjustment					$ (1,071)						(1,071)
Prepaid expenses and other assets											(8,417)
Accounts payable and other accrued expenses											(1,491)		1,605
Other, net											(304)		1,169
Net cash provided by (used in) operating activities											(7,221)		84
Cash flows from investing activities:
Purchases of property and equipment											7,221		(84)
Net cash used in investing activities											7,221		(84)
Adjustment | Class A common stock
Earnings per share of Class A common stock:
Basic			$ (0.09)	$ (0.04)	$ 0.07	$ (0.01)	$ (0.01)	$ (0.01)
Diluted			$ (0.05)	$ (0.03)	$ 0.07	$ (0.01)	$ (0.01)	$ (0.01)
Adjustment | Finance and insurance, net
Revenue:
Revenue		$ (3,241)	$ (3,855)	$ (2,749)	$ (1,006)	$ (1,669)	$ (1,689)	$ (1,061)			(5,425)		(2,690)
Adjustment | Operating Segments
Costs applicable to revenue:
Income before income taxes											(5,425)		(2,690)
Adjustment | Retail | Operating Segments
Assets
Total assets					$ 200						200		$ 200
Costs applicable to revenue:
Income from operations											$ 5,400
[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.

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Initial Public Offering (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Concentration of Credit Risk
Amount in excess of FDIC limits	$ 142.2	$ 227.9
Goodwill and Other Intangible Assets
Useful lives (in years)	12 years 3 months 18 days
Self-Insurance Program
Self insured claims liability	$ 15.7	16.1
Letters of credit	$ 14	12.2
Revenue
Lifetime memberships period	18 years
Advertising Expense
Capitalized advertising		6.5
Capitalized advertising costs reported as assets		5.2
Capitalized advertising costs net of deferred revenue		1.2
Advertising expenses	$ 112.4	86.6	$ 76
Shipping and Handling Fees and Costs
Cost of Goods and Services Sold	$ 4.9	$ 4.1	$ 2.3
Type of Cost, Good or Service [Extensible List]	us-gaap:ShippingAndHandlingMember	us-gaap:ShippingAndHandlingMember	us-gaap:ShippingAndHandlingMember
Building and improvements
Property and Equipment, net
Estimated useful lives	P40Y
Minimum | Leasehold improvements
Property and Equipment, net
Estimated useful lives	P3Y
Minimum | Furniture and equipment
Property and Equipment, net
Estimated useful lives	P3Y
Minimum | Software
Property and Equipment, net
Estimated useful lives	P3Y
Maximum | Leasehold improvements
Property and Equipment, net
Estimated useful lives	P40Y
Maximum | Furniture and equipment
Property and Equipment, net
Estimated useful lives	P12Y
Maximum | Software
Property and Equipment, net
Estimated useful lives	P5Y
Membership and customer lists
Goodwill and Other Intangible Assets
Useful lives (in years)	5 years 3 months 18 days
Customer lists and domain names
Goodwill and Other Intangible Assets
Useful lives (in years)	4 years 7 months 6 days
Trademarks and trade names
Goodwill and Other Intangible Assets
Useful lives (in years)	15 years
Websites
Goodwill and Other Intangible Assets
Useful lives (in years)	8 years 4 months 24 days

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Recently Issued Accounting Pronouncements (Details) - USD ($) $ in Thousands	Jan. 01, 2019	Dec. 31, 2018	Jan. 01, 2018	Dec. 31, 2017
New Accounting Pronouncements
Deferred tax asset, noncurrent		$ 145,943	$ 152,380	$ 152,683
Property and equipment, net		359,855		198,022
Deferred revenues and gains, current portion		88,054		77,669
Other long-term liabilities		$ 79,958	$ 47,538	51,589
Adjustment
New Accounting Pronouncements
Deferred tax asset, noncurrent				(2,868)
Other long-term liabilities				$ 12,428
ASU 2016-02 | Minimum
New Accounting Pronouncements
Right-to-use asset	$ 785,000
Operating lease liability	835,000
ASU 2016-02 | Maximum
New Accounting Pronouncements
Right-to-use asset	885,000
Operating lease liability	935,000
ASU 2016-02 | Adjustment
New Accounting Pronouncements
Property and equipment, net	(3,700)
Deferred revenues and gains, current portion	(8,200)
Other long-term liabilities	$ (54,200)

Revenue - ASC 606 - Cumulative

Revenue - ASC 606 - Cumulative effect and consolidated Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Jan. 01, 2018	Dec. 31, 2017
Assets
Accounts receivable, net	$ 85,711	$ 78,392	$ 79,881
Inventories	1,558,970	1,410,773	1,415,915
Prepaid expenses and other assets	51,710	45,646	41,138
Deferred tax assets, net	145,943	152,380	152,683
Other assets	18,326	17,852	21,903
Liabilities
Accrued liabilities	124,619	95,331	101,929
Deferred revenues and gains, current	88,054	78,526	77,669
Deferred revenues and gains, non-current	67,157	63,590	64,061
Other long-term liabilities	79,958	47,538	51,589
Stockholders' equity:
Retained earnings	(3,370)	8,929	7,619
Non-controlling interests	(11,621)	23,728	$ 21,252
Balances Without Adoption of ASC 606
Assets
Accounts receivable, net	88,966
Inventories	1,567,409
Prepaid expenses and other assets	42,823
Deferred tax assets, net	146,246
Other assets	23,515
Liabilities
Accrued liabilities	131,671
Deferred revenues and gains, current	87,806
Deferred revenues and gains, non-current	68,312
Other long-term liabilities	85,147
Stockholders' equity:
Retained earnings	(5,051)
Non-controlling interests	(14,789)
Effect of Change Higher/(Lower)
Assets
Accounts receivable, net	(3,255)	(1,489)
Inventories	(8,439)	(5,142)
Prepaid expenses and other assets	8,887	4,508
Deferred tax assets, net	(303)	(303)
Other assets	(5,189)	(4,051)
Liabilities
Accrued liabilities	(7,052)	(6,598)
Deferred revenues and gains, current	248	857
Deferred revenues and gains, non-current	(1,155)	(471)
Other long-term liabilities	(5,189)	(4,051)
Stockholders' equity:
Retained earnings	1,681	1,310
Non-controlling interests	$ 3,168	$ 2,476

Revenue - ASC 606 - Statement o

Revenue - ASC 606 - Statement of Operation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016		Jan. 01, 2018
Impact of the adoption of ASC 606 on the consolidated statement of operations
Costs applicable to revenue									$ 4,900		$ 4,100		$ 2,300
Capitalized costs	$ 6,000								6,000						$ 4,400
Operating and income tax expenses
Selling, general, and administrative		$ 278,329	$ 283,096	$ 246,313	$ 213,052	$ 236,174	$ 228,444	$ 175,490	1,069,359		853,160		691,884
Income tax expense		(9,900)	(14,262)	(6,865)	(127,198)	(8,151)	(14,081)	(5,480)	(30,790)		(154,910)		(5,800)
Net income
Net income	(71,254)	46,155	77,132	13,548	(3,911)	82,323	103,606	48,674	65,581		230,692		198,476
Less: net income attributable to non-controlling interests		(32,032)	(52,350)	(11,727)	(11,919)	(63,077)	(84,542)	(41,301)	(55,183)		(200,839)		(9,591)
Net income attributable to Camping World Holdings, Inc.	(30,328)	$ 14,123	$ 24,782	$ 1,821	$ (15,830)	$ 19,246	$ 19,064	$ 7,373	10,398		$ 29,853		$ 188,885
Basic											$ 1.12		$ 0.08
Diluted											$ 1.12		$ 0.07
RV Service | Accounts Receivable
Impact of the adoption of ASC 606 on the consolidated statement of operations
Contract asset	$ 6,300								6,300						$ 6,300
Class A common stock
Net income
Net income									65,581		$ 230,692		$ 11,113
Less: net income attributable to non-controlling interests									$ (55,183)		$ (200,839)		$ (9,591)
Basis and diluted earnings per share									$ 0.28
Basic	$ (0.82)	$ 0.38	$ 0.67	$ 0.05	$ (0.45)	$ 0.65	$ 0.83	$ 0.39	0.28	[1]	$ 1.12	[1]	$ 0.08	[1]
Diluted	$ (0.83)	$ 0.38	$ 0.67	$ 0.05	$ (0.45)	$ 0.65	$ 0.83	$ 0.37	$ 0.28	[1]	$ 1.12	[1]	$ 0.07	[1]
Consumer services and plans
Impact of the adoption of ASC 606 on the consolidated statement of operations
Revenue									$ 214,052
Costs applicable to revenue									86,687
Dealership | Dealership parts, services and other
Impact of the adoption of ASC 606 on the consolidated statement of operations
Revenue									279,438
Costs applicable to revenue									140,076
Retail
Impact of the adoption of ASC 606 on the consolidated statement of operations
Revenue									669,945
Costs applicable to revenue									445,187
Balances Without Adoption of ASC 606
Operating and income tax expenses
Selling, general, and administrative									1,070,053
Income tax expense									(30,666)
Net income
Net income									64,518
Less: net income attributable to non-controlling interests									(54,491)
Net income attributable to Camping World Holdings, Inc.									$ 10,027
Balances Without Adoption of ASC 606 | Class A common stock
Net income
Basis and diluted earnings per share									$ 0.27
Balances Without Adoption of ASC 606 | Consumer services and plans
Impact of the adoption of ASC 606 on the consolidated statement of operations
Revenue									$ 214,112
Costs applicable to revenue									87,268
Balances Without Adoption of ASC 606 | Dealership | Dealership parts, services and other
Impact of the adoption of ASC 606 on the consolidated statement of operations
Revenue									279,493
Costs applicable to revenue									140,083
Balances Without Adoption of ASC 606 | Retail
Impact of the adoption of ASC 606 on the consolidated statement of operations
Revenue									669,896
Costs applicable to revenue									445,158
Effect of Change Higher/(Lower)
Operating and income tax expenses
Selling, general, and administrative									(694)
Income tax expense									(124)
Net income
Net income									1,063
Less: net income attributable to non-controlling interests									(692)
Net income attributable to Camping World Holdings, Inc.									371
Effect of Change Higher/(Lower) | Consumer services and plans
Impact of the adoption of ASC 606 on the consolidated statement of operations
Revenue									(60)
Costs applicable to revenue									(581)
Effect of Change Higher/(Lower) | Dealership | Dealership parts, services and other
Impact of the adoption of ASC 606 on the consolidated statement of operations
Revenue									(55)
Costs applicable to revenue									(7)
Effect of Change Higher/(Lower) | Retail
Impact of the adoption of ASC 606 on the consolidated statement of operations
Revenue									49
Costs applicable to revenue									$ 29
[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.

Revenue - Contract Assets (Deta

Revenue - Contract Assets (Details) - USD ($) $ in Millions	Dec. 31, 2018	Jan. 01, 2018
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Capitalized costs	$ 6	$ 4.4
Accounts Receivable | RV Service
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Contract asset	$ 6.3	$ 6.3

Revenue - Deferred Revenues (De

Revenue - Deferred Revenues (Details) $ in Millions	12 Months Ended
	Dec. 31, 2018USD ($)
Deferred Revenues
Revenues recognized that were included in the deferred revenue balance	$ 76.3

Revenue - Performance Obligatio

Revenue - Performance Obligation (Details) $ in Thousands	Dec. 31, 2018USD ($)
Revenue
Revenue, Remaining Performance Obligation, Amount	$ 144,661
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01
Revenue
Revenue, Remaining Performance Obligation, Amount	$ 86,876
Performance obligation
Unsatisfied performance obligation, period	0 years
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01
Revenue
Revenue, Remaining Performance Obligation, Amount	$ 27,608
Performance obligation
Unsatisfied performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01
Revenue
Revenue, Remaining Performance Obligation, Amount	$ 13,376
Performance obligation
Unsatisfied performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01
Revenue
Revenue, Remaining Performance Obligation, Amount	$ 6,759
Performance obligation
Unsatisfied performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01
Revenue
Revenue, Remaining Performance Obligation, Amount	$ 3,405
Performance obligation
Unsatisfied performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue
Revenue, Remaining Performance Obligation, Amount	$ 6,637
Performance obligation
Unsatisfied performance obligation, period	0 years

Revenue - Practical Expedients

Revenue - Practical Expedients and Exemptions (Details)	12 Months Ended
	Dec. 31, 2018
Revenue
Period of time between payment and transfer of the promised goods or services, amount of consideration for the effects of a significant financing component if the Company expects, at contract inception.	true
Amortization period of those otherwise capitalized sales commissions when incurred	true
Unsatisfied performance obligations for revenue streams with an original expected length	true

Receivables (Details)

Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Receivables
Gross receivables	$ 90,109	$ 82,581
Allowance for doubtful accounts	(4,398)	(2,700)
Receivables, net	85,711	79,881
Consumer services and plans
Receivables
Gross receivables	19,586	28,178
Dealership | Trade accounts receivable
Receivables
Gross receivables	13,907	13,881
Dealership | Due from manufacturers
Receivables
Gross receivables	20,645	18,746
Dealership | New and used vehicles
Receivables
Gross receivables	3,129	3,168
Dealership | Parts, services and other
Receivables
Gross receivables	15,761	7,616
Dealership | Other
Receivables
Gross receivables	8,822	7,332
Retail
Receivables
Gross receivables	$ 8,259	3,656
Other
Receivables
Gross receivables		$ 4

Inventories, net and Notes Pa_3

Inventories, net and Notes Payable - Floor Plan, net - Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Jan. 01, 2018	Dec. 31, 2017
Inventories
Inventories	$ 1,558,970	$ 1,410,773	$ 1,415,915
Consumer services and plans
Inventories
Inventories	459		387
New RVs
Inventories
Inventories	1,017,910		1,113,178
Used RVs
Inventories
Inventories	124,527		106,210
Dealership parts, services and other
Inventories
Inventories	6,591		7,802
Retail | Retail
Inventories
Inventories	$ 409,483		$ 188,338

Inventories, net and Notes Pa_4

Inventories, net and Notes Payable - Floor Plan, net - Floor Plan Payable (Details) $ in Thousands	Jul. 01, 2016USD ($)	Dec. 31, 2018USD ($)location	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 04, 2018USD ($)	Dec. 03, 2018USD ($)	Dec. 12, 2017USD ($)	Jun. 30, 2016USD ($)
Floor Plan Payable
Payments to acquire assets		$ 254,359	$ 80,771	$ 56,943
Floor Plan Facility
Floor Plan Payable
Maximum borrowing capacity		1,415,000	1,415,000				$ 1,415,000
Quarterly reduction in maximum borrowing capacity					$ 3,000
Letters of credit | Floor Plan Facility
Floor Plan Payable
Maximum borrowing capacity							15,000
Line of Credit | Floor Plan Facility
Floor Plan Payable
Maximum borrowing capacity		$ 60,000	$ 35,000		$ 60,000	$ 35,000	$ 35,000
Line of Credit | Notes Payable to Banks | Floor Plan Facility
Floor Plan Payable
Maximum borrowing capacity	$ 1,180,000							$ 880,000
Line of Credit | Notes Payable to Banks | Floor Plan Facility, floor plan notes | London Interbank Offered Rate (LIBOR)
Floor Plan Payable
Variable rate spread (as a percent)		2.15%	2.15%	2.05%
Variable rate basis (as a percent)		2.35	1.36	0.62
Line of Credit | 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%
Line of Credit | 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%
Line of Credit | Notes Payable to Banks | Floor Plan Facility, floor plan notes | Base Rate | Minimum
Floor Plan Payable
Variable rate spread (as a percent)	0.55%
Line of Credit | Notes Payable to Banks | Floor Plan Facility, floor plan notes | Base Rate | Maximum
Floor Plan Payable
Variable rate spread (as a percent)	1.00%
RV Dealership Groups
Floor Plan Payable
Number of locations acquired | location		10
Payments to acquire assets		$ 92,100
Payments to Acquire Real Estate		46,000
RV Dealership Groups | FreedomRoads, LLC Floor Plan Facility
Floor Plan Payable
Borrowing to purchase of business		$ 38,700

Inventories, net and Notes Pa_5

Inventories, net and Notes Payable - Floor Plan, net - Floor Plan Outstanding (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 04, 2018	Dec. 03, 2018	Dec. 12, 2017
Floor Plan Payable
Less: borrowings	$ (38,739)
Less: outstanding letters of credit	(14,000)	$ (12,200)
Floor Plan Facility
Floor Plan Payable
Total commitment	1,415,000	1,415,000			$ 1,415,000
Less: borrowings, net	(885,980)	(974,043)
Less: flooring line aggregate interest reduction account	(97,757)	(106,055)
Additional borrowing capacity	431,263	334,902
Less: accounts payable for sold inventory	(33,928)	(31,311)
Less: purchase commitments	(22,530)	(77,144)
Unencumbered borrowing capacity	374,805	226,447
Line of Credit | Floor Plan Facility
Floor Plan Payable
Total commitment	60,000	35,000	$ 60,000	$ 35,000	$ 35,000
Less: borrowings	(38,739)
Additional borrowing capacity	21,261	35,000
Letters of credit | Floor Plan Facility
Floor Plan Payable
Total commitment	15,000	15,000
Less: outstanding letters of credit	(10,380)	(9,369)
Additional letters of credit capacity	$ 4,620	$ 5,631

Property and Equipment, net (De

Property and Equipment, net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Property and Equipment, net
Property and equipment, gross	$ 560,409	$ 370,063
Less: accumulated depreciation and amortization	(200,554)	(172,041)
Property and equipment, net	359,855	198,022
Lease incentives	48,500	24,700
Amortization of tenant improvements reimbursement	3,100	500
Depreciation expense	44,800	29,000	$ 23,700
Adjustment
Property and Equipment, net
Property and equipment, gross		10,200
Less: accumulated depreciation and amortization		(10,200)
Land
Property and Equipment, net
Property and equipment, gross	36,997	12,243
Buildings and improvements
Property and Equipment, net
Property and equipment, gross	54,967	17,791
Leasehold improvements - inclusive of right to use assets
Property and Equipment, net
Property and equipment, gross	155,975	107,354
Furniture and equipment
Property and Equipment, net
Property and equipment, gross	199,536	130,204
Software
Property and Equipment, net
Property and equipment, gross	80,769	68,087
Software systems development and construction in progress
Property and Equipment, net
Property and equipment, gross	$ 32,165	$ 34,384

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Change in Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Goodwill
Balance (excluding impairment charges)				$ 354,866
Accumulated impairment charges				(201,791)
Balance		$ 348,387	$ 153,075
Acquisitions		50,776	195,312
Impairment charge		(40,046)
Balance	$ 359,117	359,117	348,387
Retail
Goodwill
Impairment charge	(40,000)
Balance	$ 0	$ 0
Valuation information
Growth rate to calculate terminal value	2.50%	2.50%
Discount rate	10.50%	10.50%
Retail | Income Approach
Valuation information
Weighted approach of the full valuation (as a percent)	70.00%	70.00%
Retail | Market Approach
Valuation information
Weighted approach of the full valuation (as a percent)	30.00%	30.00%
Dealership
Goodwill
Impairment charge		$ 0
Valuation information
Growth rate to calculate terminal value	2.30%	2.30%
Discount rate	8.70%	8.70%
Dealership | Income Approach
Valuation information
Weighted approach of the full valuation (as a percent)	70.00%	70.00%
Dealership | Market Approach
Valuation information
Weighted approach of the full valuation (as a percent)	30.00%	30.00%
GSS
Goodwill
Balance	$ 50,300	$ 50,300
Consumer services and plans
Goodwill
Balance (excluding impairment charges)				96,828
Accumulated impairment charges				(46,884)
Balance		49,944	49,944
Acquisitions		376
Balance	50,320	50,320	49,944
Dealership
Goodwill
Balance (excluding impairment charges)				246,929
Accumulated impairment charges				(143,798)
Balance		261,976	103,131
Acquisitions		46,821	158,845
Balance	$ 308,797	308,797	261,976
Retail
Goodwill
Balance (excluding impairment charges)				11,109
Accumulated impairment charges				$ (11,109)
Balance		36,467
Acquisitions		3,579	36,467
Impairment charge		$ (40,046)
Balance			$ 36,467

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Finite-lived Intangible Assets and Related Accumulated Amortization (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Intangible Assets
Cost or Fair Value	$ 47,933	$ 47,349
Accumulated Amortization	(12,649)	(8,642)
Net	35,284	38,707
Amortization expense	$ 4,500	2,600	$ 1,000
Useful lives (in years)	12 years 3 months 18 days
Customer lists and domain names
Intangible Assets
Useful lives (in years)	4 years 7 months 6 days
Trademarks and trade names
Intangible Assets
Useful lives (in years)	15 years
Websites
Intangible Assets
Useful lives (in years)	8 years 4 months 24 days
Adjustment
Intangible Assets
Cost or Fair Value		15,000
Consumer services and plans | Membership and customer lists
Intangible Assets
Cost or Fair Value	$ 9,140	8,375
Accumulated Amortization	(7,174)	(6,431)
Net	1,966	1,944
Retail | Customer lists and domain names
Intangible Assets
Cost or Fair Value	3,415	3,914
Accumulated Amortization	(1,559)	(1,048)
Net	1,856	2,866
Retail | Trademarks and trade names
Intangible Assets
Cost or Fair Value	29,304	28,987
Accumulated Amortization	(2,853)	(901)
Net	26,451	28,086
Retail | Websites
Intangible Assets
Cost or Fair Value	6,074	6,073
Accumulated Amortization	(1,063)	(262)
Net	$ 5,011	$ 5,811

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Finite-lived Intangible Assets Weighted-average Useful Lives (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Finite-lived intangible assets
2019	$ 4,509
2020	3,640
2021	3,218
2022	3,023
2023	2,489
Thereafter	18,405
Net	$ 35,284	$ 38,707

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Jan. 01, 2018	Dec. 31, 2017
Accrued Liabilities
Compensation and benefits	$ 34,745		$ 45,875
Other accruals	89,874		56,054
Total	$ 124,619	$ 95,331	$ 101,929

Long-Term Debt - Tabular Disclo

Long-Term Debt - Tabular Disclosure (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Long-Term Debt
Long-term debt	$ 1,165,865	$ 916,902
Less: current portion	(12,977)	(9,465)
Long-term debt, net of current maturities	1,152,888	907,437
Term Loan Facility
Long-Term Debt
Long-term debt	1,156,345	916,902
Unamortized discount	5,400	6,000
Finance costs	13,400	$ 14,200
Real Estate Facility
Long-Term Debt
Long-term debt	9,520
Finance costs	$ 200

Long Term Debt - Future Maturit

Long Term Debt - Future Maturities (Details) $ in Thousands	Dec. 31, 2018USD ($)
Long-Term Debt.
2019	$ 12,977
2020	12,917
2021	12,483
2022	12,483
2023	1,133,977
Total	$ 1,184,837

Long-Term Debt - Borrowings (De

Long-Term Debt - Borrowings (Details) - USD ($) $ in Millions

Mar. 28, 2018

Oct. 06, 2017

Mar. 17, 2017

Nov. 08, 2016

Sep. 21, 2016

Jun. 30, 2015

Dec. 31, 2017

Sep. 30, 2017

Dec. 31, 2018

Dec. 31, 2015

Dec. 31, 2014

Nov. 20, 2013

Term Loan Facility

Long-Term Debt

Unamortized discount

$ 6

$ 5.4

Secured Debt | Line of Credit | Prior Senior Secured Credit Facility, Term Loan Facility

Long-Term Debt

Maximum borrowing capacity

$ 828.2

$ 525

Maximum borrowing capacity, increase in capacity

$ 135

$ 95

$ 55

$ 117

Unamortized discount

$ 5.3

Secured Debt | Line of Credit | Senior Secured Credit Facility

Long-Term Debt

Maximum borrowing capacity

$ 740

$ 680

Maximum borrowing capacity, increase in capacity

$ 95

Mandatory amortization of new credit facility (as a percent)

1.00%

Secured Debt | Line of Credit | Term Loan Facility

Long-Term Debt

Maximum borrowing capacity

$ 1,190

$ 939.5

$ 645

Term

7 years

Maximum borrowing capacity, increase in capacity

$ 250

205

Mandatory amortization of new credit facility (as a percent)

1.01%

Principal payment frequency

quarterly

Quarterly amortization payment

$ 3

$ 2.4

Secured Debt | Revolving Credit Facility

Long-Term Debt

Quarterly amortization payment

$ 2.4

$ 1.9

$ 3

Secured Debt | Revolving Credit Facility | Term Loan Facility

Long-Term Debt

Term

5 years

Secured Debt | Revolving Credit Facility | Revolving Credit Facility

Long-Term Debt

Maximum borrowing capacity

$ 35

Long-Term Debt - General Inform

Long-Term Debt - General Information (Details) - USD ($) $ in Thousands

Mar. 28, 2018

Oct. 06, 2017

Mar. 17, 2017

Oct. 13, 2016

Sep. 21, 2016

Jun. 30, 2015

Dec. 31, 2018

Dec. 31, 2017

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Nov. 08, 2016

Nov. 20, 2013

Long-Term Debt

Amount outstanding

$ 1,165,865

$ 916,902

Cash distribution to members

$ 100,000

101,755

149,633

$ 236,145

Prior Senior Secured Credit Facility, Term Loan Facility

Long-Term Debt

Repayments of debt

$ 200,400

Term Loan Facility

Long-Term Debt

Amount outstanding

1,156,345

916,902

Unamortized discount

$ 5,400

$ 6,000

Secured Debt | Line of Credit | Prior Senior Secured Credit Facility

Long-Term Debt

Line of Credit Facility, Maximum Borrowing Capacity

$ 545,000

Secured Debt | Line of Credit | Prior Senior Secured Credit Facility, Term Loan Facility

Long-Term Debt

Line of Credit Facility, Maximum Borrowing Capacity

828,200

$ 525,000

Maximum borrowing capacity, increase in capacity

135,000

$ 95,000

$ 55,000

$ 117,000

Original issue discount from increase in capacity

$ 16,500

Original issue discount (as a percentage)

1.00%

Unamortized discount

$ 5,300

Secured Debt | Line of Credit | Senior Secured Credit Facility

Long-Term Debt

Line of Credit Facility, Maximum Borrowing Capacity

$ 740,000

$ 680,000

Maximum borrowing capacity, increase in capacity

$ 95,000

Secured Debt | Line of Credit | Term Loan Facility

Long-Term Debt

Line of Credit Facility, Maximum Borrowing Capacity

$ 1,190,000

$ 939,500

645,000

Interest rate (as a percent)

5.13%

Amount outstanding

$ 1,175,100

Maximum borrowing capacity, increase in capacity

$ 250,000

$ 205,000

Secured Debt | Revolving Credit Facility | Prior Senior Secured Credit Facility, Revolving Credit Facility

Long-Term Debt

Line of Credit Facility, Maximum Borrowing Capacity

$ 20,000

Secured Debt | Revolving Credit Facility | Revolving Credit Facility

Long-Term Debt

Maximum amount allocated to letters of credit

15,000

Line of Credit Facility, Maximum Borrowing Capacity

$ 35,000

Available borrowings

31,300

Amount outstanding

0

Secured Debt | Letters of credit | Senior Secured Credit Facility, Letters of Credit

Long-Term Debt

Available borrowings

$ 3,700

Long-Term Debt - Interest, Fees

Long-Term Debt - Interest, Fees, and Principal Payments (Details) $ in Millions

Mar. 28, 2018USD ($)

Mar. 27, 2018

Oct. 06, 2017

Nov. 08, 2016

Oct. 13, 2016USD ($)

May 09, 2016USD ($)

Nov. 20, 2013USD ($)

Sep. 30, 2017

Dec. 31, 2018USD ($)

Sep. 27, 2018

Sep. 26, 2018

Dec. 31, 2015USD ($)

Prior Senior Secured Credit Facility, Term Loan Facility

Long-Term Debt

Repayments of debt

$ 200.4

Secured Debt | Line of Credit

Long-Term Debt

Reduction in variable rate spread (as a percent)

25.00%

Excess cash flow offer

$ 0

Secured Debt | Line of Credit | Interest on Debt Instrument, Option One

Long-Term Debt

Variable rate spread (as a percent)

1.75%

2.00%

Secured Debt | Line of Credit | Interest on Debt Instrument, Option One | London Interbank Offered Rate (LIBOR)

Long-Term Debt

Variable rate spread (as a percent)

3.00%

3.75%

Secured Debt | Line of Credit | Interest on Debt Instrument, Option Two

Long-Term Debt

Variable rate spread (as a percent)

2.00%

2.75%

Secured Debt | Line of Credit | Interest on Debt Instrument, Option Two | London Interbank Offered Rate (LIBOR)

Long-Term Debt

Variable rate spread (as a percent)

2.75%

3.00%

Secured Debt | Line of Credit | Prior Senior Secured Credit Facility, Term Loan Facility

Long-Term Debt

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 | Prior Senior Secured Credit Facility, Term Loan Facility | Minimum

Long-Term Debt

Leverage ratio

2

Secured Debt | Line of Credit | Prior Senior Secured Credit Facility, Term Loan Facility | Maximum

Long-Term Debt

Leverage ratio

2.50

Secured Debt | Line of Credit | Prior 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 | Prior 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 | Prior 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 | Senior Secured Credit Facility | Leverage Ratio, First Period of Time

Long-Term Debt

Leverage ratio

3.75

3

Secured Debt | Line of Credit | Senior Secured Credit Facility | Leverage Ratio, Second Period of Time

Long-Term Debt

Leverage ratio

3.50

2.75

Secured Debt | Line of Credit | Term Loan Facility

Long-Term Debt

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%

Secured Debt | Line of Credit | Term Loan Facility | Minimum

Long-Term Debt

Leverage ratio

1.50

Secured Debt | Line of Credit | Term Loan Facility | Maximum

Long-Term Debt

Leverage ratio

2

Secured Debt | Line of Credit | 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)

2.75%

Secured Debt | Line of Credit | Term Loan Facility | Interest on Debt Instrument, Option Two

Long-Term Debt

Alternate base rate (as a percent)

1.75%

Secured Debt | Line of Credit | 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 | 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 | Prior Senior Secured Credit Facility, Revolving Credit Facility

Long-Term Debt

Commitment fee (as a percent)

0.50%

Secured Debt | Revolving Credit Facility | Prior 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 | Prior 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 | Prior 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 | Prior Senior Secured Credit Facility, Revolving Credit Facility | Interest on Debt Instrument, Option Two

Long-Term Debt

Variable rate spread (as a percent)

2.00%

Secured Debt | Revolving Credit Facility | Prior 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 | Prior 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 | Prior Senior Secured Credit Facility, Revolving Credit Facility | Interest on Debt Instrument, Option Two | Federal Funds Effective Rate

Long-Term Debt

Base rate spread (as a percent)

0.50%

Secured Debt | Revolving Credit Facility | Revolving Credit Facility

Long-Term Debt

Amount subtracted from aggregate borrowings in determining compliance with the total leverage ratio

$ 5

The minimum percentage of the aggregate amount of the revolving lenders? revolving commitments

30.00%

Secured Debt | Revolving 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 | 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 | 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 | 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 | Revolving Credit Facility | Interest on Debt Instrument, Option Two | Federal Funds Effective Rate

Long-Term Debt

Variable rate spread (as a percent)

0.50%

Long-Term Debt - Real Estate Fa

Long-Term Debt - Real Estate Facility (Details) - Real Estate Facility - Secured Debt	Nov. 02, 2018USD ($)	Dec. 31, 2018USD ($)
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 21,500,000
Debt issued		$ 9,900,000
Commitment fee (as a percent)	0.50%
Debt service coverage ratio	1.250
London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable rate spread (as a percent)	2.75%
Federal Funds Effective Rate
Debt Instrument [Line Items]
Variable rate spread (as a percent)	0.50%
Prime Rate
Debt Instrument [Line Items]
Variable rate spread (as a percent)	0.75%
Line of Credit
Debt Instrument [Line Items]
Default provision maximum amount	$ 100,000

Long-Term Debt - Enterprise Not

Long-Term Debt - Enterprise Notes (Details) - Securities purchase agreement - USD ($) $ in Millions	Nov. 20, 2013	Dec. 31, 2017	Dec. 31, 2016	Feb. 15, 2011
Long-term debt
Percentage of preferred return		3.00%
Preferred return payments paid			$ 6.4
Series A Notes
Long-term debt
Debt issued				$ 80
Payment of debt	$ 80
Series B Notes
Long-term debt
Debt issued				$ 70

Capital Lease Obligations (Deta

Capital Lease Obligations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Capital Lease Obligations.
Capital lease obligation incurred	$ 0	$ 0	$ 2,000
Leases in property and equipment
Furniture and equipment	5,741	5,741
Accumulated depreciation	(4,917)	(4,379)
Total	$ 824	$ 1,362

Right to Use Liability - Genera

Right to Use Liability - General Information (Details) $ in Thousands	3 Months Ended			12 Months Ended
	Dec. 31, 2018USD ($)leaseitem	Sep. 30, 2016leaseitem	Mar. 31, 2016lease	Dec. 31, 2018USD ($)item	Dec. 31, 2016USD ($)
Right to Use Liabilities
Number of operating leases | lease	1	1	2
Right to use assets derecognized					$ 20,100
Derecognition resulted in the removal of right to use liabilities				$ 4,900	20,056
Deferred rent				200
Derecognition resulted in deferred gain	$ 500			$ 500	$ 100
Number of month's rent the lease deposit is less than | item	2	2		2

Right to Use Liability - Right

Right to Use Liability - Right to Use Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Right to Use Assets
Right to use assets	$ 5,741	$ 5,741
Accumulated depreciation	(4,917)	(4,379)
Total	824	1,362
Right To Use Assets
Right to Use Assets
Right to use assets	5,400	10,673
Accumulated depreciation	(540)	(926)
Total	$ 4,860	$ 9,747

Right to Use Liability - Future

Right to Use Liability - Future Changes in the Right to Use Liabilities (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)item	Sep. 30, 2016item
Right to Use Liabilities
Scheduled derecognition of right to use liability due to reductions in the lease deposit to less than two months rent	$ 5,000
Number of month's rent the lease deposit is less than | item	2	2
Right to Use Liabilities
Right to Use Liabilities
2019	$ 486
2020	486
2021	486
2022	486
2023	486
Thereafter	7,889
Total minimum lease payments	10,319
Amounts representing interest	(5,172)
Present value of net minimum right to use liability payments	$ 5,147

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended							12 Months Ended
	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Current:
Federal								$ 13,828	$ 19,496	$ 845
State								5,598	4,448	1,297
Deferred:
Federal								11,970	97,792	3,571
State								(606)	33,174	87
Income tax expense	$ 9,900	$ 14,262	$ 6,865	$ 127,198	$ 8,151	$ 14,081	$ 5,480	$ 30,790	$ 154,910	$ 5,800

Income Taxes - Reconciliation (

Income Taxes - Reconciliation (Details) - USD ($) $ in Thousands	3 Months Ended							12 Months Ended
	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Reconciliation of income tax expense from operations to the federal statutory rate
Income taxes computed at federal statutory rate								$ 20,238	$ 134,961	$ 72,259
State income taxes - net of federal benefit								4,313	13,570	7,253
Federal alternative minimum tax and state and local taxes on pass-through entities								1,076	1,072	1,013
Income taxes computed at the effective federal and state statutory rate for pass-through entities not subject to tax								(41,367)	(84,747)	(75,774)
Increase in valuation allowance								43,175	11,194	1,049
Impact of 2017 Tax Act									78,222
Goodwill impairment								6,158
Other								(783)	638
Income tax expense	$ 9,900	$ 14,262	$ 6,865	$ 127,198	$ 8,151	$ 14,081	$ 5,480	30,790	154,910	$ 5,800
Tax Receivable Agreement liability adjustment								300	$ (38,800)
State
Reconciliation of income tax expense from operations to the federal statutory rate
Impact of other state tax rate changes								$ (2,020)

Income Taxes - Carrying amounts

Income Taxes - Carrying amounts of assets and liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Deferred tax liabilities
Accelerated depreciation	$ (6,468)	$ (5,147)
Prepaid expenses	(1,238)	(302)
Intangible assets	(3,474)	(3,501)
Other		(305)
Total deferred tax liabilities	(11,180)	(9,255)
Deferred tax assets
Investment impairment	21,974	21,647
Inventory related	6,479	170
Gift cards	1,478	744
Deferred revenues	322	304
Accrual for employee benefits and severance	1,401	1,221
Stock option expense	440	218
Investment in partnership	208,749	208,559
Tax Receivable Agreement liability	34,184	35,319
AMT credit		609
Net operating loss carryforward	51,654	17,518
Claims reserves	126	440
Intangible assets	547	113
Goodwill	3,836	996
Deferred book gain	770	851
Other reserves	6,146	5,697
Gross deferred tax assets	338,106	294,406
Valuation allowance	(180,983)	(132,468)
Net deferred tax assets	$ 145,943	$ 152,683

Income Taxes - Federal Tax purp

Income Taxes - Federal Tax purpose (Details) - USD ($) $ / shares in Units, $ in Thousands	Oct. 06, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
U.S. Federal income tax rate (as a percent)		21.00%	35.00%
Deferred tax expense			$ 117,000
Decrease in deferred tax asset due to remeasurement under the 2017 Tax Act			(43,000)
Increase (decrease) in valuation allowance for the outside basis in CWGS, LLC		$ 5,400	(9,200)
Uncertain tax positions			0
Current portion of liabilities under tax receivable agreement		9,446	8,906
Decreased net income to a net loss			$ 117,000
Decreased basic and diluted earnings per share			$ 0.62
CWGS, LLC
Increase (decrease) in valuation allowance		43,200	$ (4,600)
Tax receivable agreement
Expected future tax benefits retained by the Company (as a percent)	15.00%
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		134,200	139,700
Current portion of liabilities under tax receivable agreement		$ 9,400	$ 8,900
CWGS, LLC
Interest (as a percent)		41.90%
CWGS, LLC | Tax receivable agreement
Units issued in exchange		215,486	12,945,419
CWH | CWGS, LLC
Ownership interest	22.60%	41.90%	41.50%	22.60%
Units held		37,192,364	36,749,072
Americas Road and Travel Club, Inc., CW, and FreedomRoads RV, Inc. and their wholly owned subsidiaries
Net operating loss carryforward indefinitely		$ 128,700
Americas Road and Travel Club, Inc., CW, and FreedomRoads RV, Inc. and their wholly owned subsidiaries | Federal
Net operating loss carryforwards		188,600
Net operating loss will expire if not used		57,900
Americas Road and Travel Club, Inc., CW, and FreedomRoads RV, Inc. and their wholly owned subsidiaries | State
Net operating loss carryforwards		96,500
Net operating loss will expire if not used		$ 96,500

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
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 | Term Loan Facility
Fair Value Measurements
Debt instrument	1,156,345	916,902
Level 2 | Carrying Value | Floor Plan Facility
Fair Value Measurements
Debt instrument	38,739
Level 2 | Carrying Value | Real Estate Facility
Fair Value Measurements
Debt instrument	9,520
Level 2 | Fair Value | Term Loan Facility
Fair Value Measurements
Debt instrument	1,116,338	$ 953,269
Level 2 | Fair Value | Floor Plan Facility
Fair Value Measurements
Debt instrument	40,139
Level 2 | Fair Value | Real Estate Facility
Fair Value Measurements
Debt instrument	$ 10,850

Commitments and Contingencies_2

Commitments and Contingencies (Details) $ in Thousands	Dec. 05, 2001USD ($)subsidiarypropertyitem	Dec. 31, 2018USD ($)location	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Feb. 28, 2014property	Dec. 31, 2012property	Dec. 28, 2012property	Jan. 09, 2012property	Dec. 29, 2011property	Dec. 31, 2006USD ($)
Future minimum annual fixed rentals under operating leases
2019		$ 118,379
2020		113,256
2021		108,988
2022		104,641
2023		101,524
Thereafter		830,179
Total		1,376,967
Rent expense		110,800	$ 86,500	$ 74,500
Letters of credit		14,000	12,200
Cost of real property purchased		$ 560,409	370,063
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		$ 500		100
Payments to acquire assets		254,359	80,771	56,943
FreedomRoads, LLC Floor Plan Facility
Future minimum annual fixed rentals under operating leases
Letters of credit		10,400	8,900
Property sold in 2018
Future minimum annual fixed rentals under operating leases
Gains (Losses) in sale leaseback arrangement		(100)
Cost of real property purchased		15,000
Payments to Acquire Real Estate		15,100
Original purchase price		$ 15,100
Property sold in 2017
Future minimum annual fixed rentals under operating leases
Cost of real property purchased			6,000
Payments to Acquire Real Estate			6,000
Original purchase price			6,000
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
Minimum
Future minimum annual fixed rentals under operating leases
Initial term of lease	25 years	13 years
Maximum
Future minimum annual fixed rentals under operating leases
Initial term of lease	27 years	20 years
Other agreements
Period for severance pay beyond termination date		1 year
Sponsorship agreements
Future minimum annual fixed rentals under operating leases
2019		$ 10,200
2020		9,200
2021		9,500
2022		9,900
2023		1,500
2024		1,500
Subscription agreement
Other agreements
2014		1,700
2015		1,600
2016		1,800
2017		2,100
2018		2,200
Total		9,400
Amended Subscription Agreement
Other agreements
2017		4,000
2018		4,300
2019		4,500
2020		4,800
2021		5,000
Third Party
Future minimum annual fixed rentals under operating leases
2019		116,131
2020		111,008
2021		106,740
2022		102,496
2023		99,594
Thereafter		811,228
Total		1,347,197
Related Party
Future minimum annual fixed rentals under operating leases
2019		2,248
2020		2,248
2021		2,248
2022		2,145
2023		1,930
Thereafter		18,951
Total		29,770
Subsidiary of FreedomRoads
Future minimum annual fixed rentals under operating leases
Gains (Losses) in sale leaseback arrangement				100
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 | Property sold in 2018
Future minimum annual fixed rentals under operating leases
Cost of real property purchased		45,800
Payments to Acquire Real Estate		46,100
Original purchase price		46,100
Subsidiary of FreedomRoads | Maximum
Future minimum annual fixed rentals under operating leases
Gains (Losses) in sale leaseback arrangement		(100)	(100)
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		4,100	$ 4,600
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
RV Dealership Groups
Future minimum annual fixed rentals under operating leases
Payments to Acquire Real Estate		46,000
Original purchase price		$ 46,000
Number of locations acquired | location		10
Payments to acquire assets		$ 92,100
RV Dealership Groups | FreedomRoads, LLC Floor Plan Facility
Future minimum annual fixed rentals under operating leases
Borrowing to purchase of business		$ 38,700

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	Sep. 21, 2016	Sep. 07, 2016	Jun. 17, 2016	Jun. 13, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Sep. 30, 2014
Related party transactions
Initial term of lease					20 years
Non-cash distribution declared							$ 38,838,000
Cash distribution to members	$ 100,000,000				$ 101,755,000	$ 149,633,000	236,145,000
AutoMatch Distribution
Related party transactions
Non-cash distribution declared				$ 38,800,000
Cash distribution to members		$ 200,000	$ 3,600,000
Membership units
Distribution declared				42,700,000
Cash distribution declared				$ 3,800,000
Stephen Adams
Related party transactions
Payments to related party for purchasing advertising services					200,000	0
FreedomRoads | AutoMatch Distribution
Related party transactions
Cash distribution to members		1,600,000
Membership units
Cash distribution declared		$ 1,600,000
JD Custom
Related party transactions
Related party expense					400,000	0
Monitoring Agreement | Crestview Advisors, L.L.C. and Stephen Adams
Related party transactions
Related party expense							1,700,000
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
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
Related Party Agreement | Andris A. Baltins
Related party transactions
Related party expense					300,000	300,000
Related Party Agreement | Precise Graphix
Related party transactions
Related party expense					5,600,000	2,700,000	3,300,000
Put Agreement | Mr. Lemonis
Related party transactions
Number of profits units								4,667
Pledged profit units								$ 12,000,000
Advertising Agreement | Cumulus Media
Related party transactions
Related party expense					300,000	400,000	0
FreedomRoads | Lease Agreement | Managers and Officers
Related party transactions
Related party expense					$ 1,900,000	$ 2,000,000	$ 1,200,000
FreedomRoads | Lease Agreement | Mr. Lemonis | Original Lease
Related party transactions
Initial term of lease					132 months
Base rent					$ 29,000
FreedomRoads | Lease Agreement | Mr. Lemonis | Expansion Lease
Related party transactions
Initial term of lease					132 months
Base rent					$ 2,500
Mr. Lemonis | eNET IT Group
Related party transactions
Economic interest (as a percent)							51.00%
Mr. Lemonis | Precise Graphix
Related party transactions
Economic interest (as a percent)					33.00%
Mr. Lemonis | JD Custom
Related party transactions
Indirect interest					52.00%
Stephen Adams | Adams Radio | Stephen Adams
Related party transactions
Indirect interest					0.90%
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, 2018	Dec. 31, 2017
Assets Or Stock Of Multiple Dealership Locations Acquired
Acquisitions
Real properties purchased	$ 21.6	$ 17.1

Acquisitions - Assets (Liabilit

Acquisitions - Assets (Liabilities) Acquired (Assumed) at Fair Value (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Assets (liabilities) acquired (assumed) at fair value:
Goodwill	$ 359,117	$ 348,387	$ 153,075
Cash paid for acquisition, net of cash acquired	$ 99,240	392,956	$ 78,606
Estimated life (in years)	12 years 3 months 18 days
Trademarks and trade names
Assets (liabilities) acquired (assumed) at fair value:
Estimated life (in years)	15 years
Websites
Assets (liabilities) acquired (assumed) at fair value:
Estimated life (in years)	8 years 4 months 24 days
Assets Or Stock Of Multiple Dealership Locations Acquired
Assets (liabilities) acquired (assumed) at fair value:
Cash and cash equivalents	$ 2,648
Contracts in Transit	104
Accounts receivable, net	100	1,250
Inventory, net	43,067	121,808
Prepaid expenses and other assets	124
Property and equipment, net	532	1,450
Deferred tax asset, net	48
Other assets		164
Accounts payable	(64)	(569)
Accrued liabilities	(1,096)	(2,480)
Deferred revenues and gains	(168)
Total tangible net assets acquired	45,295	121,623
Intangible assets acquired	766	793
Goodwill	47,197	158,815
Purchase Price	93,258	281,231
Cash and cash equivalents acquired	(2,648)
Cash paid for acquisition, net of cash acquired	90,610	281,231
Inventory purchases financed via floor plan	(34,313)	(99,451)
Cash payment net of floor plan financing	56,297	181,780
Assets Or Stock Of Multiple Dealership Locations Acquired | Membership and customer lists
Assets (liabilities) acquired (assumed) at fair value:
Intangible assets acquired	$ 766	$ 793
Assets Or Stock Of Multiple Dealership Locations Acquired | Membership and customer lists | Minimum
Assets (liabilities) acquired (assumed) at fair value:
Estimated life (in years)	4 years	4 years
Assets Or Stock Of Multiple Dealership Locations Acquired | Membership and customer lists | Maximum
Assets (liabilities) acquired (assumed) at fair value:
Estimated life (in years)	7 years	7 years
Outdoor Lifestyle Retail Businesses
Assets (liabilities) acquired (assumed) at fair value:
Cash and cash equivalents		$ 591
Accounts receivable, net		174
Inventory, net	$ 4,599	50,171
Prepaid expenses and other assets	77	1,262
Property and equipment, net	416	10,311
Accounts payable		(9,965)
Accrued liabilities	(359)	(2,438)
Other liabilities		(4,098)
Total tangible net assets acquired	4,733	46,008
Intangible assets acquired	318	35,561
Goodwill	3,579	36,467
Purchase price	8,630	118,036
Cash and cash equivalents acquired		(591)
Cash paid for acquisition, net of cash acquired	$ 8,630	111,725
Non-cash consideration		(5,720)
Outdoor Lifestyle Retail Businesses | Membership and customer lists
Assets (liabilities) acquired (assumed) at fair value:
Intangible assets acquired		500
Estimated life (in years)	6 years
Outdoor Lifestyle Retail Businesses | Trademarks and trade names
Assets (liabilities) acquired (assumed) at fair value:
Intangible assets acquired	$ 318	28,987
Estimated life (in years)	15 years
Outdoor Lifestyle Retail Businesses | Websites
Assets (liabilities) acquired (assumed) at fair value:
Intangible assets acquired		$ 6,074
Estimated life (in years)	10 years

Acquisitions - Goodwill, Revenu

Acquisitions - Goodwill, Revenue and Pre-Tax (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Assets Or Stock Of Multiple Dealership Locations Acquired
Acquisitions
Goodwill for tax purposes	$ 30.8	$ 158.8
Revenue	91.1	300.8
Pre-tax income (loss)	4.2	14.2
Outdoor Lifestyle Retail Businesses
Acquisitions
Goodwill for tax purposes	3.6	36.5
Revenue	14.7	64.5
Pre-tax income (loss)		$ 28.8
Outdoor Lifestyle Retail Businesses | Maximum
Acquisitions
Pre-tax income (loss)	$ 0.1

Acquisitions - Purchase Price (

Acquisitions - Purchase Price (Details) $ in Thousands	Apr. 19, 2018USD ($)	Jan. 30, 2018USD ($)	Oct. 19, 2017USD ($)	Sep. 22, 2017USD ($)	Aug. 17, 2017USD ($)	May 26, 2017USD ($)storelease	Dec. 31, 2018USD ($)storelocation	Dec. 31, 2017USD ($)location	May 25, 2017store	Dec. 31, 2016location
Acquisitions
Number of locations | location							227	153		122
Letters of credit							$ 14,000	$ 12,200
Assets Or Stock Of Multiple Dealership Locations Acquired
Acquisitions
Purchase Price							$ 93,258	$ 281,231
Gander Mountain and Overton's
Acquisitions
Purchase Price						$ 35,400
Liability incurred/extinguished with acquisition						1,100
Gander Mountain
Acquisitions
Liability incurred/extinguished with acquisition						$ 1,100
Number of stores rebranded as Gander Outdoors | store							60
Overton's
Acquisitions
Number of locations | store						2
Number of stores closed | store							2
TheHouse.com
Acquisitions
Liability incurred/extinguished with acquisition					$ 35,300
Cash paid for acquisition					30,000
Non-cash consideration - Class A shares issued					$ 5,700
Uncle Dan's
Acquisitions
Cash paid for acquisition			$ 7,500
Extinguishment of debt			700
Letters of credit			$ 100
W82
Acquisitions
Cash paid for acquisition				$ 600
Extinguishment of debt				$ 1,500
Erehwon
Acquisitions
Cash paid for acquisition		$ 3,500
Rock Creek
Acquisitions
Cash paid for acquisition	$ 5,200
Gander Mountain
Acquisitions
Number of locations | store									160
Overton's
Acquisitions
Number of locations | store									2
Minimum | Gander Mountain
Acquisitions
Number of retail leases | lease						15

Statements of Cash Flows (Detai

Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash paid during the period for:
Interest	$ 94,591	$ 65,202	$ 61,889
Income taxes	17,683	35,432	1,622
Non-cash investing activities:
Derecognized property and equipment for leases that qualified as operating leases after completion of construction	(4,628)		(19,958)
Property and equipment acquired through third party capital lease arrangements			2,007
Leasehold improvements paid by lessor	27,022	4,908
Vehicles transferred to property and equipment from inventory	919	1,555	530
Portion of acquisition purchase price paid through issuance of Class A common stock		5,720
Derecognition of non-tenant improvements	8,134
Capital expenditures in accounts payable and accrued liabilities	8,441	6,721	2,803
Non-cash financing activities:
Derecognized right to use liabilities for leases that qualified as operating leases after completion of construction	(4,900)		(20,056)
Third-party capital lease arrangements to acquire property and equipment			2,007
Non-cash distribution of equity interest in AutoMatch USA, LLC, an indirect wholly-owned subsidiary of the Company			$ (38,838)
Pa value of Class A common stock issued in exchange for common units in CWGS, LLC	3	130
Par value of Class A common stock issued for vested restricted stock units	3
Par value of Class A common stock repurchased for withholding taxes on vested RSUs	$ (1)
Par value of Class A common stock issued for acquisition		$ 1

Benefit Plans (Details)

Benefit Plans (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Minimum age to participate in 401(k) plan	18 years
Contribution expenses	$ 0	$ 0	$ 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 - Reorgani

Stockholder's Equity - Reorganization Transactions (Details) - shares	Oct. 06, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Nov. 10, 2016
Merged Entity | CWGS, LLC
Common Stock
Units held	7,063,716
CWH | CWGS, LLC
Common Stock
Units held		37,192,364	36,749,072
Ownership interest	22.60%	41.90%	41.50%	22.60%
Continuing Equity Owners | CWGS, LLC
Common Stock
Units held		51,675,009	51,890,495
Percentage of ownership	77.40%	58.10%	58.50%
Class A common stock
Common Stock
Common stock, outstanding		37,192,364	36,749,072	18,936,000	18,935,916
Class A common stock | CWH BR Merger
Common Stock
Shares issued in acquisition	7,063,716
Common stock, outstanding					7,063,716
Class B common stock
Common Stock
Common stock, outstanding		50,706,629	50,836,629	62,003,000	62,002,729
Class B common stock | Merged Entity | CWH
Common Stock
Common stock, outstanding	7,063,716
Class B common stock | CWH BR Merger
Common Stock
Shares cancelled	7,063,716

Stockholder's Equity - Amendmen

Stockholder's Equity - Amendment and Restatement of Certificate of Incorporation (Details)	Oct. 06, 2016Voteitem$ / sharesshares	Dec. 31, 2018$ / sharesshares	Dec. 31, 2017$ / sharesshares
Common Stock
Board of directors, number of classes | item	3
Board of directors, term (in years)	3 years
Preferred Stock
Common Stock
Common stock, authorized	20,000,000
Class A common stock
Common Stock
Common stock, authorized	250,000,000	250,000,000	250,000,000
Common stock, par value | $ / shares	$ 0.01	$ 0.01	$ 0.01
Votes per share | Vote	1
Class B common stock
Common Stock
Common stock, authorized	75,000,000	75,000,000	75,000,000
Common stock, par value | $ / shares	$ 0.0001	$ 0.0001	$ 0.0001
Votes per share | Vote	1
Class C common stock
Common Stock
Common stock, authorized	1	1	1
Common stock, par value | $ / shares	$ 0.0001	$ 0.0001	$ 0.0001
Voting power (as a percent)	5.00%
M L Related Parties | Class B common stock
Common Stock
Voting power (as a percent)	47.00%
M L Related Parties | Common Class A And Class B | CWGS, LLC | Minimum
Common Stock
Percentage of ownership	27.50%

Stockholder's Equity - Initial

Stockholder's Equity - Initial Public Offering (Details) - USD ($)

Nov. 01, 2017

Oct. 30, 2017

Jun. 09, 2017

Jun. 05, 2017

Nov. 09, 2016

Oct. 13, 2016

May 31, 2018

May 31, 2017

Dec. 31, 2018

Dec. 31, 2017

Dec. 31, 2016

Nov. 10, 2016

IPO

Proceeds from issuance of common stock

$ 16,000,000

Proceeds from short-swing profit disgorgement

$ 557,000

M L Acquisition Company LLC And M L Related Parties

IPO

Proceeds from short-swing profit disgorgement

$ 557,000

CWGS, LLC

IPO

Purchase of newly-issued common units

600,000

4,000,000

Class A common stock

IPO

Number of shares issued

4,000,000

4,600,000

11,872,000

Offering price (in dollars per share)

$ 27.75

Proceeds from IPO

$ 234,185,000

Common stock, outstanding

37,192,364

36,749,072

18,936,000

18,935,916

Proceeds from issuance of common stock

$ 106,600,000

Class A common stock | CWH BR Merger

IPO

Common stock, outstanding

7,063,716

Class A common stock | May 2017 Selling Stockholders

IPO

Offering price (in dollars per share)

$ 27.75

Shares issued by selling stockholders

825,000

5,500,000

Class A common stock | CVRV Acquisition LLC

IPO

Shares of common stock redeemed for shares of common stock

648,462

4,323,083

Redemption of common stock by selling shareholders

4,715,529

Shares sold that were previously held

176,538

Class A common stock | CVRV Acquisition II LLC

IPO

Shares sold that were previously held

184,669

1,283,756

1,176,917

Class A common stock | October 2017 Selling Stockholders

IPO

Number of shares issued

6,700,000

Offering price (in dollars per share)

$ 40.50

Shares issued by selling stockholders

963,799

Class A common stock | Crestview Advisors LLC

IPO

Shares sold that were previously held

104

715

Class A common stock | CWGS Holding, LLC and CVRV Acquisition LLC

IPO

Shares of common stock redeemed for shares of common stock

678,331

Redemption of common stock by selling shareholders

678,331

Class A common stock | CWGS, LLC | CVRV Acquisition LLC

IPO

Shares of common stock redeemed for shares of common stock

4,715,529

Redemption of common stock by selling shareholders

4,323,083

Class A common stock | CWGS, LLC | October 2017 Selling Stockholders

IPO

Redemption of common stock by selling shareholders

700,000

Class A common stock | CWGS, LLC | CWGS Holding, LLC and CVRV Acquisition LLC

IPO

Shares of common stock redeemed for shares of common stock

100,695

Redemption of common stock by selling shareholders

100,695

700,000

Class B common stock

IPO

Common stock, outstanding

50,706,629

50,836,629

62,003,000

62,002,729

Consideration for redemption of shares

$ 0

Class B common stock | May 2017 Selling Stockholders

IPO

Consideration for redemption of shares

$ 0

$ 0

Class B common stock | CVRV Acquisition LLC

IPO

Number of common stock cancelled

678,331

4,715,529

648,462

4,323,083

Class B common stock | CWGS Holding LLC

IPO

Number of common stock cancelled

100,695

700,000

Class B common stock | October 2017 Selling Stockholders

IPO

Consideration for redemption of shares

$ 0

Class B common stock | CWGS, LLC | CVRV Acquisition LLC

IPO

Redemption of common stock by selling shareholders

648,462

Class C common stock

IPO

Common stock, outstanding

1

1

1

IPO | Class A common stock

IPO

Number of shares issued

11,363,636

Offering price (in dollars per share)

$ 22

Proceeds from IPO

$ 233,400,000

Common stock, outstanding

11,872,200

IPO | Class A common stock | CWGS, LLC

IPO

Units issued in exchange

11,363,636

Over allotment | October 2017 Selling Stockholders

IPO

Shares issued by selling stockholders

1,005,000

Over allotment | Class A common stock

IPO

Number of shares issued

600,000

600,000

508,564

Proceeds from IPO

$ 10,400,000

Over allotment | Class A common stock | May 2017 Selling Stockholders

IPO

Shares issued by selling stockholders

825,000

Over allotment | Class A common stock | October 2017 Selling Stockholders

IPO

Shares issued by selling stockholders

963,799

Over allotment | Class A common stock | CWGS, LLC

IPO

Units issued in exchange

508,564

Non-Controlling Interests (Deta

Non-Controlling Interests (Details) - USD ($) $ in Thousands	Oct. 06, 2016	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Summarizes the effects of change in ownership:
Net income attributable to Camping World Holdings, Inc.		$ (30,328)	$ 14,123	$ 24,782	$ 1,821	$ (15,830)	$ 19,246	$ 19,064	$ 7,373	$ 10,398	$ 29,853	$ 188,885
Transfers to non-controlling interests:
Change from net income attributable to Camping World Holdings, Inc. and transfers to non-controlling interests										14,365	116,006	(69,105)
Class A common stock
Transfers to non-controlling interests:
Decrease in additional paid-in capital as a result of repurchases of Class A common stock for withholding taxes on vested RSUs										(1,364)
Additional Paid-in Capital
Transfers to non-controlling interests:
Decrease in additional paid-in capital as a result of the Reorganization Transactions												(23,504)
Decrease in additional paid-in capital as a result of the purchase of common units from CWGS, LLC											(87,203)	$ (234,486)
Decrease in additional paid-in capital as a result of the contribution of Class A common stock to CWGS, LLC for an acquisition by a subsidiary											3,678
Decrease in additional paid-in capital as a result of the purchase of common units from CWGS, LLC with proceeds from the exercise of stock options										(86)	(970)
Increase in additional paid-in capital as a result of the vesting of restricted stock units										881	257
Increase in additional paid-in capital as a result of the redemption of common units of CWGS, LLC										$ 4,536	$ 177,747
CWGS, LLC
Non-Controlling Interests
LLC outstanding	70,000	88,867,373				88,639,567				88,867,373	88,639,567
CWH | CWGS, LLC
Non-Controlling Interests
Units held		37,192,364				36,749,072				37,192,364	36,749,072
Ownership interest	22.60%									41.90%	41.50%	22.60%
Continuing Equity Owners | CWGS, LLC
Non-Controlling Interests
Units held		51,675,009				51,890,495				51,675,009	51,890,495
Percentage of ownership	77.40%	58.10%				58.50%				58.10%	58.50%

Equity-based Compensation Pla_3

Equity-based Compensation Plans - Summary of Equity-Based Compensation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Equity-based compensation expense:
Equity based compensation expense	$ 14,088	$ 5,109	$ 1,597
Total income tax benefit recognized related to equity-based compensation	1,350	619	125
Costs applicable to revenue
Equity-based compensation expense:
Equity based compensation expense	820	386	90
Selling, general, and administrative
Equity-based compensation expense:
Equity based compensation expense	$ 13,268	$ 4,723	$ 1,507

Equity-based Compensation Pla_4

Equity-based Compensation Plans - CWGS LLC Plan (Details)	Oct. 06, 2016shares	Apr. 04, 2016USD ($)shares	Jan. 01, 2016shares	Apr. 30, 2016USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)shares	Dec. 31, 2012
Share-based Compensation Plans
Share based compensation expense					$ 14,088,000	$ 5,109,000	$ 1,597,000
Profit Units redeemed							17,000,000
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
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
Authorized (in units) | shares			15,556
Granted/issued (in units) | shares			15,556				0
Outstanding (in units) | shares	13,793		15,556				0
Share based compensation expense							$ 900,000
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 Pla_5

Equity-based Compensation Plans - Stock Options (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	12 Months Ended
	Oct. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share-based Compensation Plans
Aggregate Intrinsic Value - Outstanding		$ 0.1	$ 1.7
Actual tax benefit for the tax deductions from the exercise of stock options			$ 0.3
2016 Plan
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
Outstanding at December 31, 2017 (in shares)		953,000
Exercised (in shares)		(7,000)		0
Forfeited (in shares)		(61,000)
Outstanding at December 31, 2018 (in shares)		885,000	953,000
Options exercisable at December 31, 2018 (in shares)		409,000
Weighted Average Exercise Price
Outstanding at December 31, 2016 (per share)		$ 21.86
Exercised (per share)		22
Forfeited (per share)		22
Outstanding at December 31, 2018 (per share)		21.85	$ 21.86
Options exercisable at December 31, 2018 (per share)		$ 21.86
Stock options additional information
Weighted Average Remaining Contractual Life - Outstanding (in years)		7 years 8 months 12 days
Weighted Average Remaining Contractual Life - Exercisable (in years)		7 years 7 months 6 days
2016 Plan | Employees | Maximum
Share-based Compensation Plans
Vesting period		5 years
2016 Plan | Employees | Minimum
Share-based Compensation Plans
Vesting period	3 years
2016 Plan | Stock options
Share-based Compensation Plans
Term of awards	10 years
Unrecognized compensation costs		$ 3
Unrecognized compensation costs recognition period (in years)		1 year 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
2016 Plan | Restricted Stock Units (RSUs)
Share-based Compensation Plans
Unrecognized compensation costs		$ 42
Unrecognized compensation costs recognition period (in years)		3 years 3 months 18 days
2016 Plan | Restricted Stock Units (RSUs) | Non-employee Directors
Share-based Compensation Plans
Vesting period	3 years

Equity-based Compensation Pla_6

Equity-based Compensation Plans - Restricted Stock Units (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Plans
Intrinsic value of unvested units				$ 5.6	$ 1.3
Actual tax benefit for the tax deductions from the vesting of restricted stock units	$ 0.7	$ 0.3
2016 Plan | Restricted Stock Units (RSUs)
Share-based Compensation Plans
Weighted average grant date fair value (per share)	$ 37.65	$ 37.65		$ 32.42	$ 37.65
Grant date fair value (per unit)	$ 25.73	$ 39.10	$ 21.37
Intrinsic value of unvested units				$ 16.4
Unrecognized compensation costs				$ 42
Unrecognized compensation costs recognition period (in years)	3 years 3 months 18 days
Exercised (in shares)			0
Restricted Stock Units
Outstanding at December 31, 2017 (in shares)	1,247,000
Granted (in shares)	725,000
Vested (in shares)	(298,000)
Forfeited (in shares)	(248,000)
Outstanding at June 30, 2018 (in shares)	1,426,000	1,247,000
Weighted Average Grant Date Fair Value
Outstanding at December 31, 2017 (per share)	$ 37.65
Granted (per share)	25.73	$ 39.10	$ 21.37
Vested (per share)	36.15
Forfeited (per share)	34.70
Outstanding at December 31, 2018 (per share)	$ 32.42	$ 37.65

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended						24 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016		Oct. 06, 2016
Numerator:
Net income	$ (71,254)	$ 46,155	$ 77,132	$ 13,548	$ (3,911)	$ 82,323	$ 103,606	$ 48,674	$ 65,581		$ 230,692		$ 198,476
Less: net income attributable to non-controlling interests		$ (32,032)	$ (52,350)	$ (11,727)	$ (11,919)	$ (63,077)	$ (84,542)	$ (41,301)	(55,183)		$ (200,839)		$ (9,591)
Denominator:
Earnings per share of Class A common stock - basic											$ 1.12		$ 0.08
Earnings per share of Class A common stock - diluted											$ 1.12		$ 0.07
Class A common stock
Numerator:
Net income									65,581		$ 230,692		$ 11,113
Less: net income attributable to non-controlling interests									(55,183)		(200,839)		(9,591)
Net income attributable to Camping World Holdings, Inc. - basic									10,398		29,853		1,522
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									14,240				3,942
Net income attributable to Camping World Holdings, Inc. - diluted									$ 24,638		$ 29,853		$ 5,464
Denominator:
Weighted-average shares of Class A common stock outstanding - basic									36,985,000		26,622,000		18,766,000
Dilutive opitons to purchase Class A common stock									78,000
Dilutive restricted stock units									83,000
Dilutive common units of CWGS, LLC that are convertible into Class A common stock									51,732,000				64,836,000
Weighted-average shares of Class A common stock outstanding - diluted									88,878,000		26,622,000		83,602,000
Earnings per share of Class A common stock - basic	$ (0.82)	$ 0.38	$ 0.67	$ 0.05	$ (0.45)	$ 0.65	$ 0.83	$ 0.39	$ 0.28	[1]	$ 1.12	[1]	$ 0.08	[1]
Earnings per share of Class A common stock - diluted	$ (0.83)	$ 0.38	$ 0.67	$ 0.05	$ (0.45)	$ 0.65	$ 0.83	$ 0.37	$ 0.28	[1]	$ 1.12	[1]	$ 0.07	[1]
Class A common stock | Stock Option
Denominator:
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount									681,000		1,063,000		1,099,000
Class A common stock | Restricted Stock Units (RSUs)
Denominator:
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount									1,037,000		393,000		133,000
CWGS, LLC
Preferred units outstanding (in units)	88,867,373				88,639,567				88,867,373		88,639,567				70,000
Quarterly preferred returns															$ 2,100
CWGS, LLC | Class A common stock | Common Units
Denominator:
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount											59,995,000
[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.

Segments Information - General

Segments Information - General Information (Details) - segment	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Segments Information
Number of reportable segments	3	2
Retail
Segments Information
Number of segments separated into	2

Segments Information - Revenue

Segments Information - Revenue (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Segments Information
Revenue	$ 982,393	$ 1,309,486	$ 1,441,477	$ 1,058,661	$ 887,986	$ 1,233,933	$ 1,277,337	$ 880,574	$ 4,792,017	$ 4,279,830	$ 3,516,307
Intersegment Eliminations
Segments Information
Revenue									(144,591)	(129,398)	(124,735)
As Reported
Segments Information
Revenue		1,312,727	1,445,176	1,061,566	888,992	1,235,602	1,279,026	881,635		4,285,255	3,518,997
Adjustment
Segments Information
Revenue		(3,241)	(3,699)	(2,905)	(1,006)	(1,669)	(1,689)	(1,061)		(5,425)	(2,690)
Consumer services and plans
Segments Information
Revenue									214,052	195,614	184,773
Consumer services and plans | Intersegment Eliminations
Segments Information
Revenue									(1,981)	(1,486)	(2,095)
New vehicles
Segments Information
Revenue									2,512,854	2,435,928	1,862,195
New vehicles | Intersegment Eliminations
Segments Information
Revenue									(7,161)	(6,229)	(3,987)
Used vehicles
Segments Information
Revenue									732,017	668,860	703,326
Used vehicles | Intersegment Eliminations
Segments Information
Revenue									(2,921)	(3,025)	(2,567)
Dealership parts, services and other
Segments Information
Revenue		71,607	74,468	63,949	61,312	66,847	65,554	53,185	279,438	246,898	220,422
Dealership parts, services and other | As Reported
Segments Information
Revenue		71,607	74,200	64,217	61,312	66,847	65,554	53,185
Dealership parts, services and other | Adjustment
Segments Information
Revenue			268	(268)
Finance and insurance, net
Segments Information
Revenue		106,218	120,205	89,100	63,821	99,189	98,617	64,982	383,711	326,609	225,994
Finance and insurance, net | Intersegment Eliminations
Segments Information
Revenue									(10,503)	(7,379)	(5,867)
Finance and insurance, net | As Reported
Segments Information
Revenue		109,459	124,060	91,849	64,827	100,858	100,306	66,043		332,034	228,684
Finance and insurance, net | Adjustment
Segments Information
Revenue		(3,241)	(3,855)	(2,749)	(1,006)	(1,669)	(1,689)	(1,061)		(5,425)	(2,690)
Retail
Segments Information
Revenue		184,543	175,891	100,203	51,096	46,169	48,103	50,246
Retail | As Reported
Segments Information
Revenue		$ 184,543	176,003	100,091	$ 51,096	$ 46,169	$ 48,103	$ 50,246
Retail | Adjustment
Segments Information
Revenue			$ (112)	$ 112
Consumer services and plans
Segments Information
Revenue									214,052	195,614	184,773
Consumer services and plans | Operating Segments
Segments Information
Revenue									216,033	197,100	186,868
Consumer services and plans | Consumer services and plans | Operating Segments
Segments Information
Revenue									216,033	197,100	186,868
Dealership
Segments Information
Revenue										3,694,928	3,024,358
Dealership | Operating Segments
Segments Information
Revenue									3,928,605	3,694,928	3,024,358
Dealership | As Reported
Segments Information
Revenue										3,700,353	3,027,048
Dealership | Adjustment
Segments Information
Revenue										(5,425)	(2,690)
Dealership | New vehicles
Segments Information
Revenue									2,512,854	2,435,928	1,862,195
Dealership | New vehicles | Operating Segments
Segments Information
Revenue									2,520,015	2,442,157	1,866,182
Dealership | Used vehicles
Segments Information
Revenue									732,017	668,860	703,326
Dealership | Used vehicles | Operating Segments
Segments Information
Revenue									734,938	671,885	705,893
Dealership | Dealership parts, services and other
Segments Information
Revenue									279,438	246,898	220,422
Dealership | Dealership parts, services and other | Operating Segments
Segments Information
Revenue									279,438	246,898	220,422
Dealership | Finance and insurance, net
Segments Information
Revenue									383,711	326,609	225,994
Dealership | Finance and insurance, net | Operating Segments
Segments Information
Revenue									394,214	333,988	231,861
Retail
Segments Information
Revenue									669,945	405,921	319,597
Retail | Operating Segments
Segments Information
Revenue									791,970	517,200	429,816
Retail | Retail
Segments Information
Revenue									669,945	405,921	319,597
Retail | Retail | Operating Segments
Segments Information
Revenue									791,970	517,200	429,816
Retail | Retail | Intersegment Eliminations
Segments Information
Revenue									$ (122,025)	(111,279)	(110,219)
Dealership and Retail | Operating Segments
Segments Information
Revenue										4,100	3,300
Dealership and Retail | As Reported | Operating Segments
Segments Information
Revenue										4,100	3,300
Dealership and Retail | Adjustment | Operating Segments
Segments Information
Revenue										$ 5,400	$ 2,700

Segments Information - Segment

Segments Information - Segment Income (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Segments Information
Total segment income	$ (43,023)	$ 80,663	$ 117,704	$ 45,671	$ 43,285	$ 108,995	$ 134,832	$ 68,843	$ 201,015	$ 355,955	$ 276,500
Selling, general, and administrative expense		(278,329)	(283,096)	(246,313)	(213,052)	(236,174)	(228,444)	(175,490)	(1,069,359)	(853,160)	(691,884)
Depreciation and amortization									(49,322)	(31,545)	(24,695)
Other interest expense, net									(63,329)	(42,959)	(48,318)
Tax Receivable Agreement liability adjustment					100,837	(96)		17	(1,324)	100,758
Loss and expense on debt restructure									(2,056)	(849)	(6,270)
Income before income taxes		56,055	91,394	20,413	123,287	90,474	117,687	54,154	96,371	385,602	204,276
As Reported
Segments Information
Total segment income		83,904	120,226	49,753	44,291	110,664	136,521	69,904		361,380	279,190
Selling, general, and administrative expense		(278,329)	(284,295)	(245,114)	(213,052)	(236,174)	(228,444)	(175,490)
Tax Receivable Agreement liability adjustment					99,766	(96)		17		99,687
Income before income taxes		59,295	93,917	24,495	123,222	92,142	119,377	55,215		389,956	206,966
Adjustment
Segments Information
Total segment income		(3,241)	(2,522)	(4,082)	(1,006)	(1,669)	(1,689)	(1,061)		(5,425)	(2,690)
Selling, general, and administrative expense			1,199	(1,199)
Tax Receivable Agreement liability adjustment					1,071					1,071
Income before income taxes		$ (3,240)	$ (2,523)	$ (4,082)	$ 65	$ (1,668)	$ (1,690)	$ (1,061)		(4,354)	(2,690)
Operating Segments
Segments Information
Total segment income									219,223	365,570	287,941
Depreciation and amortization									(48,734)	(31,545)	(24,695)
Other interest expense, net									(8,077)	(5,881)	(5,414)
Income before income taxes										365,570	287,941
Operating Segments | As Reported
Segments Information
Income before income taxes										370,995	290,631
Operating Segments | Adjustment
Segments Information
Income before income taxes										(5,425)	(2,690)
Corporate & other
Segments Information
Selling, general, and administrative expense									(6,821)	(5,373)	(4,382)
Depreciation and amortization									(588)
Other interest expense, net									(55,252)	(37,078)	(42,904)
Consumer services and plans | Operating Segments
Segments Information
Total segment income									110,517	98,371	89,046
Depreciation and amortization									(3,435)	(3,688)	(3,780)
Other interest expense, net									(4)	2	(19)
Dealership
Segments Information
Income before income taxes										290,607	198,840
Dealership | As Reported
Segments Information
Income before income taxes										296,032	201,530
Dealership | Adjustment
Segments Information
Income before income taxes										(5,425)	(2,690)
Dealership | Operating Segments
Segments Information
Total segment income									265,824	290,607	198,840
Depreciation and amortization									(17,124)	(13,792)	(11,679)
Other interest expense, net									(4,858)	(3,775)	(3,562)
Retail | Operating Segments
Segments Information
Total segment income									(157,118)	(23,408)	55
Depreciation and amortization									28,175	14,065	9,236
Other interest expense, net									$ (3,215)	(2,108)	(1,833)
Retail | Operating Segments | Adjustment
Segments Information
Total segment income										5,400
Dealership and Retail | Operating Segments
Segments Information
Total segment income										267,200	198,900
Dealership and Retail | Operating Segments | As Reported
Segments Information
Total segment income										$ 272,600	201,600
Dealership and Retail | Operating Segments | Adjustment
Segments Information
Total segment income											$ 2,700

Segments Information - Deprecia

Segments Information - Depreciation and Amortization (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Segments Information
Depreciation and amortization	$ 49,322	$ 31,545	$ 24,695
Operating Segments
Segments Information
Depreciation and amortization	48,734	31,545	24,695
Corporate & other
Segments Information
Depreciation and amortization	588
Consumer services and plans | Operating Segments
Segments Information
Depreciation and amortization	3,435	3,688	3,780
Dealership | Operating Segments
Segments Information
Depreciation and amortization	17,124	13,792	11,679
Retail | Operating Segments
Segments Information
Depreciation and amortization	$ (28,175)	$ (14,065)	$ (9,236)

Segments Information - Other In

Segments Information - Other Interest Expense, Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Segments Information
Other interest expense, net	$ 63,329	$ 42,959	$ 48,318
Operating Segments
Segments Information
Other interest expense, net	8,077	5,881	5,414
Corporate & other
Segments Information
Other interest expense, net	55,252	37,078	42,904
Consumer services and plans | Operating Segments
Segments Information
Other interest expense, net	4	(2)	19
Dealership | Operating Segments
Segments Information
Other interest expense, net	4,858	3,775	3,562
Retail | Operating Segments
Segments Information
Other interest expense, net	$ 3,215	$ 2,108	$ 1,833

Segments Information - Assets (

Segments Information - Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Segments Information
Assets	$ 2,806,687	$ 2,567,026	$ 1,456,061
Adjustment
Segments Information
Assets		5,549
Operating Segments
Segments Information
Assets	2,613,531	2,259,069	1,381,645
Corporate & other
Segments Information
Assets	193,156	307,957	74,416
Consumer services and plans | Operating Segments
Segments Information
Assets	174,623	180,295	152,689
Dealership | Operating Segments
Segments Information
Assets	1,736,525	1,718,228	1,081,638
Retail | Operating Segments
Segments Information
Assets	$ 702,383	360,546	147,318
Retail | Operating Segments | Adjustment
Segments Information
Assets		200	200
Retail | Corporate & other | Adjustment
Segments Information
Assets		$ 5,300	$ 0

Segment Information - Capital E

Segment Information - Capital Expenditures (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Segments Information
Capital expenditures	$ 254,359	$ 80,771	$ 56,943
Consumer services and plans | Operating Segments
Segments Information
Capital expenditures	2,741	3,358	3,136
Dealership | Operating Segments
Segments Information
Capital expenditures	91,961	43,588	42,506
Retail | Operating Segments
Segments Information
Capital expenditures	$ 159,657	$ 33,825	$ 11,301

Segments Information - Restatem

Segments Information - Restatement (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Segments Information
Revenue	$ 982,393	$ 1,309,486	$ 1,441,477	$ 1,058,661	$ 887,986	$ 1,233,933	$ 1,277,337	$ 880,574	$ 4,792,017	$ 4,279,830	$ 3,516,307
Income before income taxes		56,055	91,394	20,413	123,287	90,474	117,687	54,154	96,371	385,602	204,276
Operating Segments
Segments Information
Income before income taxes										365,570	287,941
Intersegment Eliminations
Segments Information
Revenue									(144,591)	(129,398)	(124,735)
As Reported
Segments Information
Revenue		1,312,727	1,445,176	1,061,566	888,992	1,235,602	1,279,026	881,635		4,285,255	3,518,997
Income before income taxes		59,295	93,917	24,495	123,222	92,142	119,377	55,215		389,956	206,966
As Reported | Operating Segments
Segments Information
Income before income taxes										370,995	290,631
Adjustment
Segments Information
Revenue		(3,241)	(3,699)	(2,905)	(1,006)	(1,669)	(1,689)	(1,061)		(5,425)	(2,690)
Income before income taxes		(3,240)	(2,523)	(4,082)	65	(1,668)	(1,690)	(1,061)		(4,354)	(2,690)
Adjustment | Operating Segments
Segments Information
Income before income taxes										(5,425)	(2,690)
Dealership parts, services and other
Segments Information
Revenue		71,607	74,468	63,949	61,312	66,847	65,554	53,185	279,438	246,898	220,422
Dealership parts, services and other | As Reported
Segments Information
Revenue		$ 71,607	74,200	64,217	$ 61,312	$ 66,847	$ 65,554	$ 53,185
Dealership parts, services and other | Adjustment
Segments Information
Revenue			$ 268	$ (268)
Dealership
Segments Information
Revenue										3,694,928	3,024,358
Income before income taxes										290,607	198,840
Dealership | Operating Segments
Segments Information
Revenue									3,928,605	3,694,928	3,024,358
Dealership | As Reported
Segments Information
Revenue										3,700,353	3,027,048
Income before income taxes										296,032	201,530
Dealership | Adjustment
Segments Information
Revenue										(5,425)	(2,690)
Income before income taxes										(5,425)	(2,690)
Dealership | Dealership parts, services and other
Segments Information
Revenue									279,438	246,898	220,422
Dealership | Dealership parts, services and other | Operating Segments
Segments Information
Revenue									$ 279,438	$ 246,898	$ 220,422

Quarterly Financial Informati_3

Quarterly Financial Information (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016
Goodwill impairment									$ 40,046
Quarterly Financial Information
Revenue	$ 982,393	$ 1,309,486	$ 1,441,477	$ 1,058,661	$ 887,986	$ 1,233,933	$ 1,277,337	$ 880,574	4,792,017		$ 4,279,830		$ 3,516,307
Income from operations	(43,023)	80,663	117,704	45,671	43,285	108,995	134,832	68,843	201,015		355,955		276,500
Net income (loss)	(71,254)	46,155	77,132	13,548	(3,911)	82,323	103,606	48,674	65,581		230,692		198,476
Net income attributable to Camping World Holdings, Inc.	$ (30,328)	$ 14,123	$ 24,782	$ 1,821	$ (15,830)	$ 19,246	$ 19,064	$ 7,373	10,398		$ 29,853		$ 188,885
Earnings per share of Class A common stock:
Basic											$ 1.12		$ 0.08
Diluted											$ 1.12		$ 0.07
Class A common stock
Quarterly Financial Information
Net income (loss)									$ 65,581		$ 230,692		$ 11,113
Earnings per share of Class A common stock:
Basic	$ (0.82)	$ 0.38	$ 0.67	$ 0.05	$ (0.45)	$ 0.65	$ 0.83	$ 0.39	$ 0.28	[1]	$ 1.12	[1]	$ 0.08	[1]
Diluted	$ (0.83)	$ 0.38	$ 0.67	$ 0.05	$ (0.45)	$ 0.65	$ 0.83	$ 0.37	$ 0.28	[1]	$ 1.12	[1]	$ 0.07	[1]
Retail
Goodwill impairment	$ 40,000
[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.

Quarterly Financial Informati_4

Quarterly Financial Information (Unaudited) - Restatement (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016
Statement of income
Revenue	$ 982,393	$ 1,309,486	$ 1,441,477	$ 1,058,661	$ 887,986	$ 1,233,933	$ 1,277,337	$ 880,574	$ 4,792,017		$ 4,279,830		$ 3,516,307
Costs applicable to revenue		936,472	1,029,034	756,768	622,377	880,387	906,446	629,706	3,429,085		3,038,916		2,522,574
Selling, general, and administrative		278,329	283,096	246,313	213,052	236,174	228,444	175,490	1,069,359		853,160		691,884
Income from operations	(43,023)	80,663	117,704	45,671	43,285	108,995	134,832	68,843	201,015		355,955		276,500
Tax Receivable Agreement liability adjustment					100,837	(96)		17	(1,324)		100,758
Other income (expense), net						1	(1)		(104,644)		29,647		(72,224)
Income before income taxes		56,055	91,394	20,413	123,287	90,474	117,687	54,154	96,371		385,602		204,276
Income tax (expense) benefit		(9,900)	(14,262)	(6,865)	(127,198)	(8,151)	(14,081)	(5,480)	(30,790)		(154,910)		(5,800)
Net income	(71,254)	46,155	77,132	13,548	(3,911)	82,323	103,606	48,674	65,581		230,692		198,476
Net income attributable to non-controlling interests		(32,032)	(52,350)	(11,727)	(11,919)	(63,077)	(84,542)	(41,301)	(55,183)		(200,839)		(9,591)
Net income attributable to Camping World Holdings, Inc.	$ (30,328)	$ 14,123	$ 24,782	$ 1,821	$ (15,830)	$ 19,246	$ 19,064	$ 7,373	10,398		$ 29,853		$ 188,885
Earnings per share of Class A common stock:
Basic											$ 1.12		$ 0.08
Diluted											$ 1.12		$ 0.07
Class A common stock
Statement of income
Net income									65,581		$ 230,692		$ 11,113
Net income attributable to non-controlling interests									$ (55,183)		$ (200,839)		$ (9,591)
Earnings per share of Class A common stock:
Basic	$ (0.82)	$ 0.38	$ 0.67	$ 0.05	$ (0.45)	$ 0.65	$ 0.83	$ 0.39	$ 0.28	[1]	$ 1.12	[1]	$ 0.08	[1]
Diluted	$ (0.83)	$ 0.38	$ 0.67	$ 0.05	$ (0.45)	$ 0.65	$ 0.83	$ 0.37	$ 0.28	[1]	$ 1.12	[1]	$ 0.07	[1]
Retail
Statement of income
Revenue		$ 184,543	$ 175,891	$ 100,203	$ 51,096	$ 46,169	$ 48,103	$ 50,246
Costs applicable to revenue		116,664	111,833	64,167	66,782	73,907	61,031	34,201
Dealership parts, services and other
Statement of income
Revenue		71,607	74,468	63,949	61,312	66,847	65,554	53,185	$ 279,438		$ 246,898		$ 220,422
Costs applicable to revenue		36,503	36,233	31,635	32,614	34,923	33,920	27,394
Finance and insurance, net
Statement of income
Revenue		106,218	120,205	89,100	63,821	99,189	98,617	64,982	383,711		326,609		225,994
Consumer services and plans
Statement of income
Revenue									214,052		195,614		184,773
Costs applicable to revenue		21,499	20,768	22,789	20,030	20,085	20,560	21,147
Operating Segments
Statement of income
Income from operations									$ 219,223		365,570		287,941
Income before income taxes											365,570		287,941
As Reported
Statement of income
Revenue		1,312,727	1,445,176	1,061,566	888,992	1,235,602	1,279,026	881,635			4,285,255		3,518,997
Costs applicable to revenue		936,472	1,029,012	756,790	622,377	880,387	906,446	629,706
Selling, general, and administrative		278,329	284,295	245,114	213,052	236,174	228,444	175,490
Income from operations		83,904	120,226	49,753	44,291	110,664	136,521	69,904			361,380		279,190
Tax Receivable Agreement liability adjustment					99,766	(96)		17			99,687
Other income (expense), net		1	(1)
Income before income taxes		59,295	93,917	24,495	123,222	92,142	119,377	55,215			389,956		206,966
Income tax (expense) benefit		(11,385)	(12,102)	(7,219)	(128,716)	(8,390)	(14,284)	(5,592)			(156,982)		(5,907)
Net income		47,910	81,815	17,276	(5,494)	83,752	105,093	49,623			232,974		201,059
Net income attributable to non-controlling interests		(33,893)	(53,784)	(14,095)	(12,599)	(64,163)	(85,749)	(42,101)			(204,612)		(9,942)
Net income attributable to Camping World Holdings, Inc.		$ 14,017	$ 28,031	$ 3,181	$ (18,093)	$ 19,589	$ 19,344	$ 7,522			$ 28,362		$ 191,117
Earnings per share of Class A common stock:
Basic											$ 1.07		$ 0.08
Diluted											$ 1.07		$ 0.07
As Reported | Class A common stock
Earnings per share of Class A common stock:
Basic		$ 0.38	$ 0.76	$ 0.09	$ (0.52)	$ 0.66	$ 0.84	$ 0.40
Diluted		$ 0.38	$ 0.72	$ 0.08	$ (0.52)	$ 0.66	$ 0.84	$ 0.38
As Reported | Retail
Statement of income
Revenue		$ 184,543	$ 176,003	$ 100,091	$ 51,096	$ 46,169	$ 48,103	$ 50,246
Costs applicable to revenue		116,664	111,878	64,122	66,782	73,907	61,031	34,201
As Reported | Dealership parts, services and other
Statement of income
Revenue		71,607	74,200	64,217	61,312	66,847	65,554	53,185
Costs applicable to revenue		36,503	36,102	31,766	32,614	34,923	33,920	27,394
As Reported | Finance and insurance, net
Statement of income
Revenue		109,459	124,060	91,849	64,827	100,858	100,306	66,043			$ 332,034		$ 228,684
As Reported | Consumer services and plans
Statement of income
Costs applicable to revenue		21,499	20,832	22,725	20,030	20,085	20,560	21,147
As Reported | Operating Segments
Statement of income
Income before income taxes											370,995		290,631
Adjustment
Statement of income
Revenue		(3,241)	(3,699)	(2,905)	(1,006)	(1,669)	(1,689)	(1,061)			(5,425)		(2,690)
Costs applicable to revenue			22	(22)
Selling, general, and administrative			(1,199)	1,199
Income from operations		(3,241)	(2,522)	(4,082)	(1,006)	(1,669)	(1,689)	(1,061)			(5,425)		(2,690)
Tax Receivable Agreement liability adjustment					1,071						1,071
Other income (expense), net		(1)	1			1	(1)
Income before income taxes		(3,240)	(2,523)	(4,082)	65	(1,668)	(1,690)	(1,061)			(4,354)		(2,690)
Income tax (expense) benefit		1,485	(2,160)	354	1,518	239	203	112			2,072		107
Net income		(1,755)	(4,683)	(3,728)	1,583	(1,429)	(1,487)	(949)			(2,282)		(2,583)
Net income attributable to non-controlling interests		1,861	1,434	2,368	680	1,086	1,207	800			3,773		351
Net income attributable to Camping World Holdings, Inc.		106	$ (3,249)	$ (1,360)	$ 2,263	$ (343)	$ (280)	$ (149)			$ 1,491		(2,232)
Earnings per share of Class A common stock:
Basic											$ 0.05
Diluted											$ 0.05
Adjustment | Class A common stock
Earnings per share of Class A common stock:
Basic			$ (0.09)	$ (0.04)	$ 0.07	$ (0.01)	$ (0.01)	$ (0.01)
Diluted			$ (0.05)	$ (0.03)	$ 0.07	$ (0.01)	$ (0.01)	$ (0.01)
Adjustment | Retail
Statement of income
Revenue			$ (112)	$ 112
Costs applicable to revenue			(45)	45
Adjustment | Dealership parts, services and other
Statement of income
Revenue			268	(268)
Costs applicable to revenue			131	(131)
Adjustment | Finance and insurance, net
Statement of income
Revenue		$ (3,241)	(3,855)	(2,749)	$ (1,006)	$ (1,669)	$ (1,689)	$ (1,061)			$ (5,425)		(2,690)
Adjustment | Consumer services and plans
Statement of income
Costs applicable to revenue			$ (64)	$ 64
Adjustment | Operating Segments
Statement of income
Income before income taxes											$ (5,425)		$ (2,690)
[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.

Schedule I - Condensed Financ_2

Schedule I - Condensed Financial Information of Registrant - Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Jan. 01, 2018	Dec. 31, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 138,557		$ 224,163
Total current assets	1,888,162		1,807,324
Deferred tax assets, net	145,943	$ 152,380	152,683
Total assets	2,806,687		2,567,026	$ 1,456,061
Current liabilities:
Accrued liabilities	124,619	95,331	101,929
Current portion of Tax Receivable Agreement liability	9,446		8,906
Total current liabilities	1,305,118		1,331,134
Liabilities under Tax Receivable Agreement, net of current portion	124,763		130,826
Total liabilities	2,773,770		2,495,263
Commitments and contingencies
Stockholders' equity (deficit)
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			42,520
Retained earnings	(3,370)	$ 8,929	7,619
Total stockholders' equity attributable to Camping World Holdings, Inc.	44,538		50,511
Total liabilities and stockholders' equity	2,806,687		2,567,026
Class A common stock
Stockholders' equity (deficit)
Common stock	372		367
Class B common stock
Stockholders' equity (deficit)
Common stock	5		5
Class C common stock
Stockholders' equity (deficit)
Common stock
Additional paid-in capital	47,531		42,520
Parent Company | Reportable Legal Entities
Assets
Cash and cash equivalents	31,537		14,503
Intercompany receivable	2,518
Prepaid income taxes and other	9,049		10,661	10,661
Total current assets	43,104		25,164
Deferred tax assets, net	144,006		150,338	150,338
Investment in subsidiaries	(8,363)		15,054	15,054
Total assets	178,747		190,556	190,556
Current liabilities:
Accrued liabilities			313
Current portion of Tax Receivable Agreement liability	9,446		8,906
Total current liabilities	9,446		9,219
Liabilities under Tax Receivable Agreement, net of current portion	124,763		130,826	130,826
Total liabilities	134,209		140,045	140,045
Commitments and contingencies
Stockholders' equity (deficit)
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	47,531		42,520	42,520
Retained earnings	(3,370)		7,619	7,619
Total stockholders' equity attributable to Camping World Holdings, Inc.	44,538		50,511	50,511
Total liabilities and stockholders' equity	178,747		190,556	$ 190,556
Parent Company | Reportable Legal Entities | Class A common stock
Stockholders' equity (deficit)
Common stock	372		367
Parent Company | Reportable Legal Entities | Class B common stock
Stockholders' equity (deficit)
Common stock	5		5
Parent Company | Reportable Legal Entities | Class C common stock
Stockholders' equity (deficit)
Common stock

Schedule I - Condensed Financ_3

Schedule I - Condensed Financial Information of Registrant - Balance Sheet Additional (Details) - $ / shares	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Nov. 10, 2016	Oct. 06, 2016
Stockholders' equity (deficit)
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, authorized	20,000,000	20,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Class A common stock
Stockholders' equity (deficit)
Common stock, par value	$ 0.01	$ 0.01			$ 0.01
Common stock, authorized	250,000,000	250,000,000			250,000,000
Common stock, issued	37,278,690	36,758,233
Common stock, outstanding	37,192,364	36,749,072	18,936,000	18,935,916
Class B common stock
Stockholders' equity (deficit)
Common stock, par value	$ 0.0001	$ 0.0001			$ 0.0001
Common stock, authorized	75,000,000	75,000,000			75,000,000
Common stock, issued	69,066,445	69,066,445
Common stock, outstanding	50,706,629	50,836,629	62,003,000	62,002,729
Class C common stock
Stockholders' equity (deficit)
Common stock, par value	$ 0.0001	$ 0.0001			$ 0.0001
Common stock, authorized	1	1			1
Common stock, issued	1	1
Common stock, outstanding	1	1		1
Parent Company | Reportable Legal Entities
Stockholders' equity (deficit)
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, authorized	20,000,000	20,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Parent Company | Reportable Legal Entities | Class A common stock
Stockholders' equity (deficit)
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized	250,000,000	250,000,000
Common stock, issued	37,278,690	36,758,233
Common stock, outstanding	37,192,364	36,749,072
Parent Company | Reportable Legal Entities | Class B common stock
Stockholders' equity (deficit)
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, authorized	75,000,000	75,000,000
Common stock, issued	69,066,445	69,066,445
Common stock, outstanding	50,706,629	50,836,629
Parent Company | Reportable Legal Entities | Class C common stock
Stockholders' equity (deficit)
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, authorized	1	1
Common stock, issued	1	1
Common stock, outstanding	1	1

Schedule I - Condensed Financ_4

Schedule I - Condensed Financial Information of Registrant - Statement of Income (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenue:
Total Revenue	$ 982,393	$ 1,309,486	$ 1,441,477	$ 1,058,661	$ 887,986	$ 1,233,933	$ 1,277,337	$ 880,574	$ 4,792,017	$ 4,279,830	$ 3,516,307
Operating expenses:
Selling, general, and administrative		278,329	283,096	246,313	213,052	236,174	228,444	175,490	1,069,359	853,160	691,884
Total operating expenses									1,161,917	884,959	717,233
Income from operations	(43,023)	80,663	117,704	45,671	43,285	108,995	134,832	68,843	201,015	355,955	276,500
Other interest expense, net									63,329	42,959	48,318
Tax Receivable Agreement liability adjustment					100,837	(96)		17	(1,324)	100,758
Income before income taxes		56,055	91,394	20,413	123,287	90,474	117,687	54,154	96,371	385,602	204,276
Income tax expense		(9,900)	(14,262)	(6,865)	(127,198)	(8,151)	(14,081)	(5,480)	(30,790)	(154,910)	(5,800)
Net income attributable to Camping World Holdings, Inc.	$ (30,328)	$ 14,123	$ 24,782	$ 1,821	$ (15,830)	$ 19,246	$ 19,064	$ 7,373	10,398	29,853	188,885
Parent Company | Reportable Legal Entities
Revenue:
Intercompany revenue									7,066	4,768	1,564
Total Revenue									7,066	4,768	1,564
Operating expenses:
Selling, general, and administrative									7,066	4,770	1,564
Total operating expenses									7,066	4,770	1,564
Income from operations										(2)
Other interest expense, net									(15)
Tax Receivable Agreement liability adjustment									(1,324)	100,758
Equity in net income of subsidiaries									39,266	82,430	2,776
Income before income taxes									37,927	183,186	2,776
Income tax expense									(27,529)	(153,333)	(1,254)
Net income attributable to Camping World Holdings, Inc.									$ 10,398	$ 29,853	$ 1,522

Schedule I - Condensed Financ_5

Schedule I - Condensed Financial Information of Registrant - Cash Flows (Details) - USD ($) $ in Thousands	Jun. 09, 2017	May 31, 2017	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Operating activities
Net income attributable to Camping World Holdings, Inc.			$ (30,328)	$ 14,123	$ 24,782	$ 1,821	$ (15,830)	$ 19,246	$ 19,064	$ 7,373	$ 10,398	$ 29,853	$ 188,885
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Deferred tax expense											11,364	130,966	3,658
Tax Receivable Agreement liability adjustment							(100,837)	$ 96		(17)	1,324	(100,758)
Change in assets and liabilities, net of acquisitions:
Payment pursuant to Tax Receivable Agreement											(8,914)	(203)
Net cash provided by (used in) operating activities											136,292	(16,315)	215,775
Investing activities
Net cash used in investing activities											(292,689)	(468,455)	(115,787)
Financing activities
Proceeds from issuance of common stock	$ 16,000
Dividends on Class A common stock											(22,697)	(22,241)	(1,515)
Proceeds from exercise of stock options											153	1,728
Disgorgement of short-swing profits by Section 16 officer											557
Net cash (used in) provided by financing activities											70,791	594,737	(77,817)
Increase (decrease) in cash and cash equivalents											(85,606)	109,967	22,171
Cash and cash equivalents at beginning of the period						224,163				114,196	224,163	114,196	92,025
Cash and cash equivalents at end of period			138,557				224,163				138,557	224,163	114,196
Class A common stock
Financing activities
Proceeds from issuance of Class A common stock sold in an initial public offering net of underwriter discounts and commissions													234,185
Proceeds from issuance of common stock		$ 106,600
Parent Company | Reportable Legal Entities
Operating activities
Net income attributable to Camping World Holdings, Inc.											10,398	29,853	1,522
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Equity in net income of subsidiaries											(39,266)	(82,430)	(2,776)
Deferred tax expense											10,908	133,639	928
Tax Receivable Agreement liability adjustment											1,324	(100,758)
Change in assets and liabilities, net of acquisitions:
Intercompany receivables											(2,518)
Prepaid income taxes and other assets											1,464	(10,656)
Accounts payable and other accrued assets											(44)	(1,147)	213
Payment pursuant to Tax Receivable Agreement											(8,914)	(203)
Net cash provided by (used in) operating activities											(26,648)	(31,702)	(113)
Investing activities
Purchases of LLC Interest from CWGS, LLC											(271)	(124,150)	(243,845)
Distributions received from CWGS, LLC											65,940	66,092	3,889
Net cash used in investing activities											65,669	(58,058)	(239,956)
Financing activities
Proceeds from issuance of Class A common stock sold in an initial public offering net of underwriter discounts and commissions													243,809
Dividends on Class A common stock											(22,697)	(22,241)	(1,515)
Proceeds from exercise of stock options											153	1,728
Disgorgement of short-swing profits by Section 16 officer											557
Net cash (used in) provided by financing activities											(21,987)	102,031	242,301
Increase (decrease) in cash and cash equivalents											17,034	12,271	2,232
Cash and cash equivalents at beginning of the period						$ 14,503				$ 2,232	14,503	2,232
Cash and cash equivalents at end of period			$ 31,537				$ 14,503				$ 31,537	14,503	2,232
Parent Company | Reportable Legal Entities | Class A common stock
Financing activities
Proceeds from issuance of Class A common stock sold in an initial public offering net of underwriter discounts and commissions												$ 122,544
Parent Company | Reportable Legal Entities | Class B common stock
Financing activities
Proceeds from issuance of common stock													$ 7

Schedule I - Condensed Financ_6

Schedule I - Condensed Financial Information of Registrant - Notes to Condensed Financial Statements (Details) - USD ($) $ / shares in Units, $ in Thousands	Jun. 09, 2017	Jun. 05, 2017	Nov. 09, 2016	Nov. 04, 2016	Oct. 13, 2016	Oct. 06, 2016	May 31, 2017	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Jan. 01, 2018
Restatement
Decrease in deferred tax asset																	$ 43,000
Deferred tax asset								$ 145,943				$ 152,683				$ 145,943	152,683		$ 152,380
Total assets								2,806,687				2,567,026				2,806,687	2,567,026	$ 1,456,061
Accrued liabilities								124,619				101,929				124,619	101,929		95,331
Liabilities under Tax Receivable Agreement, net of current portion								124,763				130,826				124,763	130,826
Total liabilities								2,773,770				2,495,263				2,773,770	2,495,263
Additional paid-in capital												42,520					42,520
Retained earnings								(3,370)				7,619				(3,370)	7,619		$ 8,929
Total stockholders' equity								44,538				50,511				44,538	50,511
Total liabilities and stockholders' equity								2,806,687				2,567,026				2,806,687	2,567,026
Income tax expense									$ 9,900	$ 14,262	$ 6,865	127,198	$ 8,151	$ 14,081	$ 5,480	30,790	154,910	5,800
Net income attributable to Camping World Holdings, Inc.								(30,328)	14,123	24,782	1,821	(15,830)	19,246	19,064	7,373	10,398	29,853	188,885
Deferred tax expense																11,364	130,966	3,658
Tax receivable agreements liability adjustment												(100,837)	96		(17)	1,324	(100,758)
Cash paid during the period for:
Interest																94,591	65,202	61,889
Income taxes																(17,683)	(35,432)	(1,622)
Non-cash investing activities:
Portion of acquisition purchase price paid through issuance of Class A common stock																	5,720
Non-cash financing activities:
Pa value of Class A common stock issued in exchange for common units in CWGS, LLC																3	130
Par value of Class A common stock issued for vested restricted stock units																3
Par value of Class A common stock repurchased for withholding taxes on vested RSUs																(1)
Par value of Class A common stock issued for acquisition																	1
Parent Company | Reportable Legal Entities
IPO
Proceeds from IPO																		243,809
Basis of Presentation
Intercompany revenue																7,066	4,768	1,564
Intercompany payable												100					100
Equity in net income of subsidiaries																39,266	82,430	2,776
Amount due related to tax receivable agreement								134,200				139,700				134,200	139,700
Restatement
Prepaid income taxes and other								9,049				10,661				9,049	10,661	10,661
Deferred tax asset								144,006				150,338				144,006	150,338	150,338
Investment in subsidiaries								(8,363)				15,054				(8,363)	15,054	15,054
Total assets								178,747				190,556				178,747	190,556	190,556
Accrued liabilities												313					313
Liabilities under Tax Receivable Agreement, net of current portion								124,763				130,826				124,763	130,826	130,826
Total liabilities								134,209				140,045				134,209	140,045	140,045
Additional paid-in capital								47,531				42,520				47,531	42,520	42,520
Retained earnings								(3,370)				7,619				(3,370)	7,619	7,619
Total stockholders' equity								44,538				50,511				44,538	50,511	50,511
Total liabilities and stockholders' equity								$ 178,747				190,556				178,747	190,556	190,556
Equity in net income of subsidiaries																39,266	82,430	2,776
Income tax expense																27,529	153,333	1,254
Net income attributable to Camping World Holdings, Inc.																10,398	29,853	1,522
Equity in net income of subsidiaries																(39,266)	(82,430)	(2,776)
Deferred tax expense																10,908	133,639	928
Tax receivable agreements liability adjustment																1,324	(100,758)
Prepaid income taxes and other assets																1,464	(10,656)
Commitments and Contingencies
Expected future payment, as percent of tax benefits (as a percent)						85.00%
Cash paid during the period for:
Interest																15
Income taxes																14,421	31,543	58
Non-cash investing activities:
Portion of acquisition purchase price paid through issuance of Class A common stock																	5,720
Non-cash financing activities:
Pa value of Class A common stock issued in exchange for common units in CWGS, LLC																3	130
Par value of Class A common stock issued for vested restricted stock units																3
Par value of Class A common stock repurchased for withholding taxes on vested RSUs																(1)
Par value of Class A common stock issued for acquisition																	1
Parent Company | Consolidation elimination
Basis of Presentation
Intercompany revenue																7,100	4,800	1,600
Equity in net income of subsidiaries																40,500	82,000	2,900
Restatement
Equity in net income of subsidiaries																40,500	82,000	2,900
Equity in net income of subsidiaries																$ (40,500)	(82,000)	(2,900)
As Reported
Restatement
Deferred tax asset												155,551					155,551
Total assets												2,561,477					2,561,477
Liabilities under Tax Receivable Agreement, net of current portion												129,596					129,596
Total liabilities												2,470,640					2,470,640
Additional paid-in capital												49,941					49,941
Retained earnings												6,192					6,192
Total stockholders' equity												56,505					56,505
Total liabilities and stockholders' equity												2,561,477					2,561,477
Income tax expense									11,385	12,102	7,219	128,716	8,390	14,284	5,592		156,982	5,907
Net income attributable to Camping World Holdings, Inc.									14,017	28,031	3,181	(18,093)	19,589	19,344	7,522		28,362	191,117
Deferred tax expense																	124,622	3,765
Tax receivable agreements liability adjustment												(99,766)	96		(17)		(99,687)
As Reported | Parent Company | Reportable Legal Entities
Basis of Presentation
Equity in net income of subsidiaries																	84,092	2,877
Restatement
Prepaid income taxes and other																		2,244
Deferred tax asset																		153,445
Investment in subsidiaries																		24,315
Total assets																		194,507
Liabilities under Tax Receivable Agreement, net of current portion																		129,596
Total liabilities																		138,002
Additional paid-in capital																		49,941
Retained earnings																		6,192
Total stockholders' equity																		56,505
Total liabilities and stockholders' equity																		194,507
Equity in net income of subsidiaries																	84,092	2,877
Income tax expense																	155,415	1,291
Net income attributable to Camping World Holdings, Inc.																	28,362	1,586
Equity in net income of subsidiaries																	(84,092)	(2,877)
Deferred tax expense																	127,305	965
Tax receivable agreements liability adjustment																	(99,687)
Prepaid income taxes and other assets																	(2,240)
Adjustment
Restatement
Deferred tax asset												(2,868)					(2,868)
Total assets												5,549					5,549
Liabilities under Tax Receivable Agreement, net of current portion												1,230					1,230
Total liabilities												24,623					24,623
Additional paid-in capital												(7,421)					(7,421)
Retained earnings												1,427					1,427
Total stockholders' equity												(5,994)					(5,994)
Total liabilities and stockholders' equity												5,549					5,549
Income tax expense									(1,485)	2,160	(354)	(1,518)	(239)	(203)	(112)		(2,072)	(107)
Net income attributable to Camping World Holdings, Inc.									$ 106	$ (3,249)	$ (1,360)	2,263	$ (343)	$ (280)	$ (149)		1,491	(2,232)
Deferred tax expense																	6,344	(107)
Tax receivable agreements liability adjustment												$ (1,071)					(1,071)
Adjustment | Parent Company | Reportable Legal Entities
Basis of Presentation
Equity in net income of subsidiaries																	(1,662)	(101)
Restatement
Prepaid income taxes and other																		8,417
Deferred tax asset																		(3,107)
Investment in subsidiaries																		(9,261)
Total assets																		(3,951)
Liabilities under Tax Receivable Agreement, net of current portion																		1,230
Total liabilities																		2,043
Additional paid-in capital																		(7,421)
Retained earnings																		1,427
Total stockholders' equity																		(5,994)
Total liabilities and stockholders' equity																		(3,951)
Equity in net income of subsidiaries																	(1,662)	(101)
Income tax expense																	(2,082)	(37)
Net income attributable to Camping World Holdings, Inc.																	1,491	(64)
Equity in net income of subsidiaries																	1,662	101
Deferred tax expense																	6,334	$ (37)
Tax receivable agreements liability adjustment																	(1,071)
Prepaid income taxes and other assets																	$ (8,416)
Class A common stock
IPO
Number of shares issued							4,000,000										4,600,000	11,872,000
Offering price (in dollars per share)							$ 27.75
Proceeds from IPO																		$ 234,185
Class A common stock | IPO
IPO
Number of shares issued					11,363,636
Offering price (in dollars per share)					$ 22
Proceeds from IPO					$ 233,400
Class A common stock | Over allotment
IPO
Number of shares issued	600,000	600,000	508,564
Proceeds from IPO			$ 10,400
Class A common stock | Parent Company | Reportable Legal Entities
IPO
Proceeds from IPO																	$ 122,544
Class A common stock | Parent Company | Reportable Legal Entities | IPO
IPO
Number of shares issued					11,872,200
Offering price (in dollars per share)					$ 22
Proceeds from IPO					$ 243,800
Class A common stock | Parent Company | Reportable Legal Entities | Over allotment
IPO
Number of shares issued				508,564

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts - (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Accounts receivable allowance
Valuation allowance and reserves
Balance at Beginning of Period	$ 8,659	$ 8,753	$ 8,370
Additions Charged to Expense	2,444	838	1,332
Charged to Other Accounts	(5,278)	9,658	12,960
Charges Utilized (Write-off)	(1,096)	(10,590)	(13,909)
Balance at End of Period	4,729	8,659	8,753
Accounts receivable allowance | ASU 2014-09
Valuation allowance and reserves
Charged to Other Accounts	5,500
Noncurrent other assets allowance
Valuation allowance and reserves
Balance at Beginning of Period	7,187	5,737	4,554
Charged to Other Accounts	(7,187)	6,918	3,209
Charges Utilized (Write-off)		(5,468)	(2,026)
Balance at End of Period		$ 7,187	$ 5,737
Noncurrent other assets allowance | ASU 2014-09
Valuation allowance and reserves
Charged to Other Accounts	$ 7,200

Schedule II - Valuation and Q_3

Schedule II - Valuation and Qualifying Accounts Deferred Tax Assets - (Details) - Valuation allowance for deferred tax assets - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Valuation allowance and reserves
Balance at Beginning of Period	$ 132,468	$ 152,021	$ 44,770
Tax Valuation Allowance Charged to Income Tax Provision	43,175	11,194	1,049
Tax Valuation Allowance Credited to Income Tax Provision		(64,535)
Charged to Other Accounts	5,340	33,788	106,202
Balance at End of Period	$ 180,983	$ 132,468	$ 152,021