Camping World (CWH) 10-Q 3 Nov 20 2020 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2020	Oct. 30, 2020
Document and Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2020
Entity File Number	001-37908
Entity Registrant Name	CAMPING WORLD HOLDINGS, INC.
Entity Central Index Key	0001669779
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	81-1737145
Entity Address, Address Line One	250 Parkway Drive, Suite 270
Entity Address, City or Town	Lincolnshire
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60069
City Area Code	847
Local Phone Number	808-3000
Title of 12(b) Security	Class A Common Stock
Trading Symbol	CWH
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Amendment Flag	false
Common Class A
Document and Entity Information
Entity Common Stock, Shares Outstanding		42,757,321
Common Class B
Document and Entity Information
Entity Common Stock, Shares Outstanding		45,999,132
Common Class C
Document and Entity Information
Entity Common Stock, Shares Outstanding		1

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 482,640	$ 147,521
Contracts in transit	85,004	44,947
Accounts receivable, less allowance for doubtful accounts of $3,358 and $3,537 in 2020 and 2019, respectively	82,135	81,847
Inventories	927,722	1,358,539
Prepaid expenses and other assets	42,893	57,827
Total current assets	1,620,394	1,690,681
Property and equipment, net	313,496	314,374
Operating lease assets	781,615	807,537
Deferred tax assets, net	159,853	129,710
Intangible assets, net	27,741	29,707
Goodwill	387,066	386,941
Other assets	16,675	17,290
Total assets	3,306,840	3,376,240
Current liabilities:
Accounts payable	203,311	106,959
Accrued liabilities	159,289	130,316
Deferred revenues	94,129	87,093
Current portion of operating lease liabilities	60,933	58,613
Current portion of Tax Receivable Agreement liability	8,187	6,563
Current portion of long-term debt	14,355	14,085
Notes payable - floor plan, net	430,514	848,027
Other current liabilities	61,614	44,298
Total current liabilities	1,032,332	1,295,954
Operating lease liabilities, net of current portion	818,452	843,312
Tax Receivable Agreement liability, net of current portion	131,802	108,228
Revolving line of credit	20,885	40,885
Long-term debt, net of current portion	1,150,513	1,153,551
Deferred revenues	62,449	58,079
Other long-term liabilities	58,189	35,467
Total liabilities	3,274,622	3,535,476
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 September 30, 2020 and December 31, 2019
Additional paid-in capital	55,733	50,152
Retained earnings (deficit)	6,033	(83,134)
Total stockholders' equity (deficit) attributable to Camping World Holdings, Inc.	62,198	(32,602)
Non-controlling interests	(29,980)	(126,634)
Total stockholders' equity (deficit)	32,218	(159,236)
Total liabilities and stockholders' equity (deficit)	3,306,840	3,376,240
Common Class A
Stockholders' equity (deficit):
Common stock	427	375
Total stockholders' equity (deficit)	427	375
Common Class B
Stockholders' equity (deficit):
Common stock	5	5
Total stockholders' equity (deficit)	5	5
Common Class C
Stockholders' equity (deficit):
Common stock

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Stockholders' equity (deficit)
Allowance for doubtful accounts	$ 3,358	$ 3,537
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
Common Class A
Stockholders' equity (deficit)
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized	250,000,000	250,000,000
Common stock, issued	43,001,308	37,701,584
Common stock, outstanding	42,724,586	37,488,989
Common Class B
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	45,999,132	50,706,629
Common Class C
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

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Revenue:
Total revenue	$ 1,678,753	$ 1,387,972	$ 4,312,771	$ 3,927,088
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue	1,145,604	1,049,499	2,988,321	2,880,298
Operating expenses:
Selling, general, and administrative	322,990	299,564	862,237	870,995
Depreciation and amortization	12,304	14,104	38,949	41,644
Long-lived asset impairment	4,378	50,025	10,947	50,025
Lease termination	505		1,957
(Gain) loss on disposal of assets	(121)	7,087	662	9,247
Total operating expenses	340,056	370,780	914,752	971,911
Income (loss) from operations	193,093	(32,307)	409,698	74,879
Other income (expense):
Floor plan interest expense	(3,015)	(9,005)	(16,717)	(31,884)
Other interest expense, net	(12,896)	(17,568)	(42,101)	(53,422)
Tax Receivable Agreement liability adjustment				8,477
Total other expense	(15,911)	(26,573)	(58,818)	(76,829)
Income before income taxes	177,182	(58,880)	350,880	(1,950)
Income tax expense	(22,398)	(6,383)	(47,003)	(37,497)
Net income (loss)	154,784	(65,263)	303,877	(39,447)
Less: net (income) loss attributable to non-controlling interests	(96,734)	34,571	(195,910)	7,377
Net income (loss) attributable to Camping World Holdings, Inc.	$ 58,050	$ (30,692)	$ 107,967	$ (32,070)
Earnings (loss) per share of Class A common stock:
Basic	$ 1.46	$ (0.82)	$ 2.81	$ (0.86)
Diluted	$ 1.44	$ (0.82)	$ 2.77	$ (0.86)
Weighted average shares of Class A common stock outstanding:
Basic	39,880	37,361	38,356	37,266
Diluted	40,872	37,361	89,882	37,266
Common Class A
Earnings (loss) per share of Class A common stock:
Basic	$ 1.46	$ (0.82)	$ 2.81	$ (0.86)
Diluted	$ 1.44	$ (0.82)	$ 2.77	$ (0.86)
Weighted average shares of Class A common stock outstanding:
Basic	39,880	37,361	38,356	37,266
Diluted	40,872	37,361	89,882	37,266
New vehicles
Revenue:
Total revenue	$ 907,588	$ 680,716	$ 2,303,080	$ 1,989,163
Used vehicles
Revenue:
Total revenue	298,651	247,151	780,226	672,908
Products, service and other
Revenue:
Total revenue	276,622	290,771	680,417	760,073
Finance and insurance, net
Revenue:
Total revenue	138,779	114,466	378,553	334,582
Good Sam Club
Revenue:
Total revenue	11,172	12,633	32,827	36,467
Good Sam Club services and plans
Revenue:
Total revenue	45,941	42,235	137,668	133,895
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue	18,600	19,401	55,693	58,878
RV and Outdoor Retail
Revenue:
Total revenue	1,632,812	1,345,737	4,175,103	3,793,193
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue	1,127,004	1,030,098	2,932,628	2,821,420
RV and Outdoor Retail | New vehicles
Revenue:
Total revenue	907,588	680,716	2,303,080	1,989,163
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue	730,175	598,718	1,909,187	1,743,161
RV and Outdoor Retail | Used vehicles
Revenue:
Total revenue	298,651	247,151	780,226	672,908
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue	223,033	194,947	595,655	530,474
RV and Outdoor Retail | Products, service and other
Revenue:
Total revenue	276,622	290,771	680,417	760,073
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue	171,666	233,174	421,276	537,885
RV and Outdoor Retail | Finance and insurance, net
Revenue:
Total revenue	138,779	114,466	378,553	334,582
RV and Outdoor Retail | Good Sam Club
Revenue:
Total revenue	11,172	12,633	32,827	36,467
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue	$ 2,130	$ 3,259	$ 6,510	$ 9,900

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Equity (Deficit) - USD ($) $ in Thousands	Additional Paid-in Capital	Retained Earnings (Deficit)Cumulative Effect Adjustment	Retained Earnings (Deficit)	Non-controlling InterestCumulative Effect Adjustment	Non-controlling Interest	Cumulative Effect Adjustment	Common Class A	Common Class B	Common Class C	Total
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of accounting standard	$ 47,531		$ (3,370)		$ (11,621)		$ 372	$ 5		$ 32,917
Balance at Dec. 31, 2018	47,531		(3,370)		(11,621)		$ 372	$ 5		32,917
Balance (in shares) at Dec. 31, 2018							37,192,000	50,707,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of accounting standard	48,573	$ 3,705	(24,759)	$ 6,332	(16,557)	$ 10,037	$ 372	$ 5		7,634
Equity-based compensation	2,716									2,716
Vesting of restricted stock units (in shares)							1,000
Redemption of LLC common units for Class A common stock	12									12
Redemption of LLC common units for Class A common stock (in shares)							6,000
Distributions to holders of LLC common units					(5,534)					(5,534)
Dividends			(5,699)							(5,699)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability	(8)									(8)
Non-controlling interest adjustment	(1,678)				1,678
Net income (loss)			(19,395)		(7,412)					(26,807)
Balance at Mar. 31, 2019	48,573	3,705	(24,759)	6,332	(16,557)	10,037	$ 372	$ 5		7,634
Balance (in shares) at Mar. 31, 2019							37,199,000	50,707,000
Balance at Dec. 31, 2018	47,531		(3,370)		(11,621)		$ 372	$ 5		32,917
Balance (in shares) at Dec. 31, 2018							37,192,000	50,707,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of accounting standard	51,625		(48,872)		(68,737)		$ 374	$ 5		(65,605)
Net income (loss)										(39,447)
Balance at Sep. 30, 2019	51,625		(48,872)		(68,737)		$ 374	$ 5		(65,605)
Balance (in shares) at Sep. 30, 2019							37,377,000	50,707,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of accounting standard	48,573	3,705	(24,759)	6,332	(16,557)	10,037	$ 372	$ 5		7,634
Balance at Mar. 31, 2019	48,573	3,705	(24,759)	6,332	(16,557)	10,037	$ 372	$ 5		7,634
Balance (in shares) at Mar. 31, 2019							37,199,000	50,707,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of accounting standard	50,604	$ 3,705	(12,453)	$ 6,332	(12,916)	$ 10,037	$ 373	$ 5		25,613
Equity-based compensation	3,863									3,863
Vesting of restricted stock units	143				(144)		$ 1
Vesting of restricted stock units (in shares)							96,000
Repurchases of Class A common stock for withholding taxes on vested RSUs	(273)									(273)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares)							(22,000)
Distributions to holders of LLC common units					(32,523)					(32,523)
Dividends			(5,711)							(5,711)
Non-controlling interest adjustment	(1,702)				1,702
Net income (loss)			18,017		34,606					52,623
Balance at Jun. 30, 2019	50,604		(12,453)		(12,916)		$ 373	$ 5		25,613
Balance (in shares) at Jun. 30, 2019							37,273,000	50,707,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of accounting standard	50,604		(12,453)		(12,916)		$ 373	$ 5		25,613
Adoption of accounting standard	51,625		(48,872)		(68,737)		374	5		(65,605)
Equity-based compensation	2,934									2,934
Vesting of restricted stock units	300				(301)		$ 1
Vesting of restricted stock units (in shares)							152,000
Repurchases of Class A common stock for withholding taxes on vested RSUs	(547)									(547)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares)							(48,000)
Distributions to holders of LLC common units					(22,615)					(22,615)
Dividends			(5,727)							(5,727)
Non-controlling interest adjustment	(1,666)				1,666
Net income (loss)			(30,692)		(34,571)					(65,263)
Balance at Sep. 30, 2019	51,625		(48,872)		(68,737)		$ 374	$ 5		(65,605)
Balance (in shares) at Sep. 30, 2019							37,377,000	50,707,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of accounting standard	51,625		(48,872)		(68,737)		$ 374	$ 5		(65,605)
Adoption of accounting standard	50,152		(83,134)		(126,634)		375	5		(159,236)
Balance at Dec. 31, 2019	50,152		(83,134)		(126,634)		$ 375	$ 5		(159,236)
Balance (in shares) at Dec. 31, 2019							37,488,989	50,706,629	1
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of accounting standard	51,596		(97,046)		(139,348)		$ 375	$ 5		(184,418)
Equity-based compensation	3,312									3,312
Vesting of restricted stock units	82				(82)
Vesting of restricted stock units (in shares)							47,000
Repurchases of Class A common stock for withholding taxes on vested RSUs	(212)									(212)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares)							(16,000)
Redemption of LLC common units for Class A common stock	4				49					53
Redemption of LLC common units for Class A common stock (in shares)							20,000
Distributions to holders of LLC common units					(8,410)					(8,410)
Dividends			(5,752)							(5,752)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability	(44)									(44)
Non-controlling interest adjustment	(1,698)				1,698
Net income (loss)			(8,160)		(5,969)					(14,129)
Balance at Mar. 31, 2020	51,596		(97,046)		(139,348)		$ 375	$ 5		(184,418)
Balance (in shares) at Mar. 31, 2020							37,540,000	50,707,000
Balance at Dec. 31, 2019	50,152		(83,134)		(126,634)		$ 375	$ 5		(159,236)
Balance (in shares) at Dec. 31, 2019							37,488,989	50,706,629	1
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of accounting standard	55,733		6,033		(29,980)		$ 427	$ 5		(159,236)
Net income (loss)										303,877
Balance at Sep. 30, 2020	55,733		6,033		(29,980)		$ 427	$ 5		32,218
Balance (in shares) at Sep. 30, 2020							42,724,586	45,999,132	1
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of accounting standard	51,596		(97,046)		(139,348)		$ 375	$ 5		(184,418)
Balance at Mar. 31, 2020	51,596		(97,046)		(139,348)		$ 375	$ 5		(184,418)
Balance (in shares) at Mar. 31, 2020							37,540,000	50,707,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of accounting standard	52,747		(44,754)		(78,315)		$ 378	$ 5		(69,939)
Equity-based compensation	4,182									4,182
Exercise of stock options	159									159
Exercise of stock options (in shares)							7,000
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options	(105)				105
Vesting of restricted stock units	(10)				8		$ 2
Vesting of restricted stock units (in shares)							153,000
Repurchases of Class A common stock for withholding taxes on vested RSUs	(347)									(347)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares)							(17,000)
Redemption of LLC common units for Class A common stock	58				245		$ 1			304
Redemption of LLC common units for Class A common stock (in shares)							90,000
Distributions to holders of LLC common units					(47,015)					(47,015)
Dividends			(5,785)							(5,785)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability	(241)									(241)
Non-controlling interest adjustment	(2,545)				2,545
Net income (loss)			58,077		105,145					163,222
Balance at Jun. 30, 2020	52,747		(44,754)		(78,315)		$ 378	$ 5		(69,939)
Balance (in shares) at Jun. 30, 2020							37,773,000	50,707,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of accounting standard	52,747		(44,754)		(78,315)		$ 378	$ 5		(69,939)
Adoption of accounting standard	55,733		6,033		(29,980)		427	$ 5		(69,939)
Equity-based compensation	6,201									6,201
Exercise of stock options	3,155						$ 1			3,156
Exercise of stock options (in shares)							146,000
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options	(1,767)				1,767
Vesting of restricted stock units	481				(482)		$ 1
Vesting of restricted stock units (in shares)							115,000
Repurchases of Class A common stock for withholding taxes on vested RSUs	(958)									(958)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares)							(31,000)
Redemption of LLC common units for Class A common stock	21,801				7,217		$ 47			29,065
Redemption of LLC common units for Class A common stock (in shares)							4,722,000	(4,708,000)
Distributions to holders of LLC common units					(59,298)					(59,298)
Dividends			(7,263)							(7,263)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability	(23,530)									(23,530)
Non-controlling interest adjustment	(2,397)				2,397
Net income (loss)			58,050		96,734					154,784
Balance at Sep. 30, 2020	55,733		6,033		(29,980)		$ 427	$ 5		32,218
Balance (in shares) at Sep. 30, 2020							42,724,586	45,999,132	1
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of accounting standard	$ 55,733		$ 6,033		$ (29,980)		$ 427	$ 5		$ 32,218

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity (Deficit) (Parenthetical) - $ / shares	3 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019
Common Class A
Dividends declared per share	$ 0.17	$ 0.15	$ 0.15	$ 0.15	$ 0.15	$ 0.15

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Operating activities
Net income (loss)	$ 303,877	$ (39,447)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	38,949	41,644
Equity-based compensation	13,695	9,513
Loss on lease termination	1,957
Long-lived asset impairment	10,947	50,025
Loss on disposal of assets	662	9,247
Provision for losses on accounts receivable	550	562
Non-cash lease expense	43,020	40,739
Accretion of original debt issuance discount	804	776
Non-cash interest	3,296	3,362
Deferred income taxes	7,225	18,620
Tax Receivable Agreement liability adjustment		(8,477)
Change in assets and liabilities, net of acquisitions:
Receivables and contracts in transit	(40,886)	(37,121)
Inventories	430,622	195,137
Prepaid expenses and other assets	1,475	12,634
Accounts payable and other accrued expenses	133,084	59,220
Payment pursuant to Tax Receivable Agreement	(6,563)	(9,425)
Deferred revenue	11,406	9,060
Operating lease liabilities	(50,286)	(40,405)
CARES Act deferral of payroll taxes	19,718
Other, net	4,966	7,477
Net cash provided by operating activities	928,518	323,141
Investing activities
Purchases of property and equipment	(20,303)	(45,039)
Purchase of real property	(1,224)	(27,821)
Proceeds from the sale of real property	6,384	24,622
Purchases of businesses, net of cash acquired		(48,408)
Proceeds from sale of property and equipment	1,929	4,955
Purchases of intangible assets	(656)
Net cash used in investing activities	(13,870)	(91,691)
Financing activities
Proceeds from long-term debt		11,663
Payments on long-term debt	(35,690)	(10,145)
Net payments on notes payable - floor plan, net	(392,105)	(170,215)
Borrowings on revolving line of credit		14,029
Payments on revolving line of credit	(20,000)	(6,428)
Payment of debt issuance costs		(47)
Dividends on Class A common stock	(18,800)	(17,137)
Proceeds from exercise of stock options	3,306
RSU shares withheld for tax	(1,517)	(821)
Members' distributions	(114,723)	(60,672)
Net cash used in financing activities	(579,529)	(239,773)
Increase (decrease) in cash and cash equivalents	335,119	(8,323)
Cash and cash equivalents at beginning of the period	147,521	138,557
Cash and cash equivalents at end of the period	$ 482,640	$ 130,234

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2020
Summary of Significant Accounting Policies
Summary of Significant Accounting Policies	1. Summary of Significant Accounting Policies Principles of Consolidation and Basis of Presentation The condensed consolidated financial statements include the accounts of Camping World Holdings, Inc. and its subsidiaries, and are presented in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and pursuant to the rules and regulations of the SEC. Accordingly, these interim financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for fair presentation of the results of operations, financial position and cash flows for the periods presented have been reflected. All intercompany accounts and transactions of the Company and its subsidiaries have been eliminated in consolidation. The condensed consolidated financial statements as of and for the three and nine months ended September 30, 2020 are unaudited. The condensed consolidated balance sheet as of December 31, 2019 has been derived from the audited financial statements at that date but does not include all of the disclosures required by GAAP. These interim condensed consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 (the “Annual Report”) filed with the SEC on February 28, 2020. Operating results for interim periods are not necessarily indicative of the results that may be expected for the full year. CWH was formed on March 8, 2016 as a Delaware corporation for the purpose of facilitating an IPO and other related transactions in order to carry on the business of 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 that occurred on October 6, 2016 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 (see Note 14 — Stockholders’ Equity). Despite its position as sole managing member of CWGS, LLC, CWH has a minority economic interest in CWGS, LLC. As of September 30, 2020 and December 31, 2019, CWH owned 47.7% and 42.0%, respectively, of CWGS, LLC. Accordingly, the Company consolidates the financial results of CWGS, LLC and reports a non-controlling interest in its condensed consolidated financial statements. The Company does not have any components of other comprehensive income recorded within its condensed consolidated financial statements, and, therefore, does not separately present a statement of comprehensive income in its condensed consolidated financial statements. COVID-19 A novel strain of coronavirus was declared a pandemic by the World Health Organization in March 2020. To date, COVID-19 has surfaced in nearly all regions of the world and resulted in travel restrictions and business slowdowns or shutdowns in affected areas. Many affected areas have begun the process of easing restrictions and reopening certain businesses often under new operating guidelines, although new waves of infection may lead to an increase in such restrictions or closures. In conjunction with the stay-at-home and shelter-in-place restrictions enacted in many areas, the Company saw significant sequential declines in its overall customer traffic levels and its overall revenues from the mid-March to mid-to-late April 2020 timeframe. In the latter part of April, the Company began to see a significant improvement in its online web traffic levels and number of electronic leads, and in early May, the Company began to see improvements in its overall revenue levels. As the stay-at-home restrictions began to ease across certain areas of the country, the Company experienced significant acceleration in its in-store and online traffic, lead generation, and revenue trends in May, and continuing through at least October 2020. In order to offset the initially expected adverse impact of COVID-19 and better align expenses with reduced sales in the middle of March 2020 and early April 2020, the Company temporarily reduced salaries and hours throughout the business, including for its executive officers, and implemented headcount and other cost reductions. Most of these temporary salary reductions ended in May 2020 as the adverse impacts of the pandemic began to decline and the Company increased hours for certain employees and reinstated many positions from the initial headcount reductions as the demand for the Company’s products increased. The Company also negotiated lease payment deferrals with numerous landlords amounting to approximately $14.0 million from 2020 into 2021. As demand for all products accelerated and the Company’s cash position improved, the Company repaid these rent deferrals in full prior to June 30, 2020. The Company has also taken steps to add new private label lines, expand its relationships with smaller recreational vehicle (“RV”) manufacturers, and acquire used inventory from distressed sellers to help manage risks in its supply chain. Throughout the pandemic, the majority of the Company’s RV and Outdoor Retail locations have continued to operate as essential businesses and the Company has continued to operate its e-commerce business. Since March 2020, the Company has implemented preparedness plans to keep its employees and customers safe, which include social distancing, providing employees with face coverings and/or other protective clothing as required, implementing additional cleaning and sanitization routines, and work-from-home directives for a significant portion of the Company’s workforce. Description of the Business Camping World Holdings, Inc., together with its subsidiaries, is America’s largest retailer of RVs and related products and services. As noted above, CWGS, LLC is a holding company and operates through its subsidiaries. The Company has the following two reportable segments: (i) Good Sam Services and Plans and (ii) RV and Outdoor Retail. See Note 18 – Segments Information to the condensed consolidated financial statements for further information about the Company’s segments. Within the Good Sam Services and Plans segment, the Company primarily derives revenue from the sale of the following offerings: emergency roadside assistance plans; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; vehicle financing and refinancing assistance; consumer shows and events; and consumer publications and directories. Within the RV and Outdoor Retail segment, the Company primarily derives revenue from the sale of new and used RVs; commissions on the finance and insurance contracts related to the sale of RVs; the sale of RV services and maintenance work; the sale of RV parts, accessories, and supplies; the sale of outdoor products, equipment, gear and supplies and the sale of Good Sam Club memberships and co-branded credit cards. The Company operates a national network of RV dealerships and service centers as well as a comprehensive e-commerce platform primarily under the Camping World and Gander RV & Outdoors brands, and markets its products and services primarily to RV and outdoor enthusiasts. In 2019, the Company made a strategic decision to refocus its business around its core RV competencies, and on September 3, 2019, the board of directors approved a strategic plan to shift the business away from locations that did not have the ability or where it was not feasible to sell and/or service RVs (the “2019 Strategic Shift”) (see Note 4 – Restructuring and Long-lived Asset Impairment). This resulted in the sale, closure or divestiture of 34 non-RV retail stores and the liquidation of approximately $108 million of non-RV related inventory in 2019. In connection with the 2019 Strategic Shift, the Company has reduced its number of retail store locations to 163 as of September 30, 2020 from 209 as of September 30, 2019. A summary of the retail store openings, closings, divestitures, conversions and number of locations from September 30, 2019 to September 30, 2020, are in the table below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ RV ​ RV Service & ​ Other ​ ​ ​ ​ ​ Dealerships ​ Retail Centers ​ Retail Stores ​ Total Number of store locations as of September 30, 2019 ​ ​ 153 ​ ​ 13 ​ ​ 43 ​ ​ 209 Opened ​ ​ 2 ​ ​ — ​ ​ — ​ ​ 2 Closed / divested ​ ​ (3) ​ ​ (2) ​ ​ (40) ​ ​ (45) Temporarily closed (1) ​ ​ (3) ​ ​ — ​ ​ — ​ ​ (3) Converted ​ ​ 3 ​ ​ (1) ​ ​ (2) ​ ​ — Number of store locations as of September 30, 2020 ​ ​ 152 ​ ​ 10 ​ ​ 1 ​ ​ 163 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) These locations are temporarily closed in response to the COVID-19 pandemic. Use of Estimates The preparation of these condensed consolidated 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, including those uncertainties arising from COVID-19, 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 condensed consolidated financial statements include certain assumptions related to accounts receivable, inventory, goodwill, intangible assets, long lived assets, long-lived asset impairments, program cancellation reserves, chargebacks, and accruals related to estimated tax liabilities, product return reserves, and other liabilities. Contracts in Transit, Accounts Receivable and Current Expected Credit Losses 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. Due to increased demand, the Company saw a substantial increase in contracts in transit volume during the three months ended June 30, 2020. While the Company experienced significant funding backlogs with its lenders in the three months ended June 30, 2020, the lenders have since adjusted to the increase in contract volume and the total contracts in transit balance has reverted back to normal, seasonal levels as of September 30, 2020. The Company has not observed any material changes in collectability trends during the period on these contracts. Accounts receivable are stated at realizable value, net of an allowance for doubtful accounts, which includes a reserve for expected credit losses. Accounts receivable balances due in excess of one year was $8.7 million at September 30, 2020 and $8.6 million at December 31, 2019 which are included in other assets in the condensed consolidated balance sheets. The allowance for doubtful accounts is based on management’s assessment of the collectability of its customer accounts. The Company regularly reviews the composition of the accounts receivable aging, historical bad debts, changes in payment patterns, customer creditworthiness, current economic trends, and reasonable and supportable forecasts about the future. Relevant risk characteristics include customer size and historical loss patterns. Management has evaluated the expected credit losses related to contracts in transit and determined that no allowance for doubtful accounts was required at September 30, 2020. No allowance for doubtful accounts related to contracts in transit was required at December 31, 2019. Management additionally has evaluated the expected credit losses related to accounts receivable and determined that allowances of approximately $3.4 million as of September 30, 2020 and $3.5 million as of December 31, 2019 for uncollectible accounts were required. The following table details the changes in the allowance for doubtful accounts (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ 2020 2019 Allowance for doubtful accounts: ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 3,537 ​ $ 4,398 Charged to bad debt expense ​ ​ 550 ​ ​ 562 Deductions (1) ​ ​ (729) ​ ​ (545) Balance, end of period ​ $ 3,358 ​ $ 4,415 ​ (1) These amounts primarily relate to the write off of uncollectable accounts after collection efforts have been exhausted. ​ Recently Adopted Accounting Pronouncements In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326) (“ASU 2016-13”). This standard requires the use of a forward-looking expected loss impairment model for trade and other receivables, held-to-maturity debt securities, loans and other instruments. This standard also requires impairments and recoveries for available-for-sale debt securities to be recorded through an allowance account and revises certain disclosure requirements. In April 2019, the FASB issued ASU 2019-04, Codification Improvements, which provides guidance on accounting for credit losses on accrued interest receivable balances and guidance on including recoveries when estimating the allowance. In May 2019, the FASB issued ASU 2019-05, Targeted Transition Relief, which allows entities with an option to elect fair value for certain instruments upon adoption of Topic 326. The standard is effective for public companies for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The Company adopted ASU 2016-13 on January 1, 2020 and the adoption did not materially impact its condensed consolidated financial statements. 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, and interim periods within those fiscal years, beginning after December 15, 2019. The Company adopted ASU 2018-15 on January 1, 2020 using the prospective transition approach and the adoption did not materially impact its condensed consolidated financial statements. In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848) (“ASU 2020-04”). This standard, effective for reporting periods through December 31, 2022, provides accounting relief for contract modifications that replace an interest rate impacted by reference rate reform (e.g., London Interbank Offered Rate (“LIBOR”)) with a new alternative reference rate. The guidance is applicable to investment securities, receivables, loans, debt, leases, derivatives and hedge accounting elections and other contractual arrangements. The Company adopted ASU 2020-04 as of January 1, 2020 and the adoption did not materially impact its condensed consolidated financial statements. Recently Issued Accounting Pronouncements In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (“ASU 2019-12”). This standard reduces complexity by removing specific exceptions to general principles related to intraperiod tax allocations, ownership changes in foreign investments, and interim period income tax accounting for year-to-date losses that exceed anticipated losses. This standard also simplifies accounting for franchise taxes that are partially based on income, transactions with a government that result in a step up in the tax basis of goodwill, separate financial statements of legal entities that are not subject to tax, and enacted changes in tax laws in interim periods. The standard is effective for public companies for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. The ASU permits either a retrospective basis or a modified retrospective transition approach. The Company does not expect that the adoption of the provisions of this ASU will have a material impact on its consolidated financial statements.

Revenue

Revenue	9 Months Ended
	Sep. 30, 2020
Revenue
Revenue	2. Revenue Contract Assets As of September 30, 2020 and December 31, 2019, a contract asset of $7.2 million and $6.1 million, respectively, relating to RV service revenues was included in accounts receivable in the accompanying condensed consolidated balance sheets. Deferred Revenues As of September 30, 2020, the Company has unsatisfied performance obligations primarily relating to multi-year plans for its Good Sam Club, roadside assistance, Coast to Coast memberships, the annual guide, and magazine publication revenue streams. The total unsatisfied performance obligation for these revenue streams at September 30, 2020 for the periods during which the Company expects to recognize the amounts as revenue are presented as follows (in thousands): ​ ​ ​ ​ ​ As of ​ September 30, 2020 2020 $ 40,929 2021 ​ ​ 63,294 2022 ​ ​ 25,334 2023 ​ ​ 13,252 2024 ​ ​ 6,573 Thereafter ​ ​ 7,196 Total ​ $ 156,578 ​ ​ ​ ​ ​

Inventories, net and Notes Paya

Inventories, net and Notes Payable - Floor Plan, net	9 Months Ended
	Sep. 30, 2020
Inventories, net and Notes Payable - Floor Plan, net
Inventories, net and Notes Payable - Floor Plan, net	3. Inventories and Floor Plan Payable Inventories consisted of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ December 31, ​ 2020 2019 Good Sam services and plans ​ $ — ​ $ 590 New RVs ​ ​ 557,070 ​ ​ 966,134 Used RVs ​ ​ 124,167 ​ ​ 165,927 Products, parts, accessories and other ​ ​ 246,485 ​ ​ 225,888 ​ ​ $ 927,722 ​ $ 1,358,539 ​ New RV inventory, included in the RV and Outdoor Retail segment, is primarily financed by a floor plan credit agreement with a syndication of banks. The borrowings under the floor plan credit agreement are collateralized by substantially all of the assets of FreedomRoads, LLC (“FR”), a wholly owned subsidiary of FreedomRoads, which operates the RV dealerships, and bear interest at one-month LIBOR plus 2.05% as of September 30, 2020 and 2.15% as of December 31, 2019. LIBOR was 0.16% at September 30, 2020 and 1.71% as of December 31, 2019. The floor plan borrowings are tied to specific vehicles and principal is due upon the sale of the related vehicle or upon reaching certain aging criteria. As of September 30, 2020 and December 31, 2019, FR maintained floor plan financing through the Seventh Amended and Restated Credit Agreement (“Floor Plan Facility”). On October 8, 2019, FR entered into a Second Amendment to the Seventh Amended and Restated Credit Agreement (the “Second Amendment”). The applicable borrowing rate margin on LIBOR and base rate loans ranges from 2.05% to 2.50% and 0.55% and 1.00%, respectively, based on the consolidated current ratio at FR. The Floor Plan Facility at September 30, 2020 allowed FR to borrow (a) up to $1.38 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 $51.0 million under the revolving line of credit, which maximum amount outstanding further decreases by $3.0 million on the last day of each fiscal quarter. The maturity date of the Floor Plan Facility is March 15, 2023. On May 12, 2020, FR entered into a Third Amendment to the Seventh Amended and Restated Credit Agreement (“Third Amendment”) that provides FR with a one-time option to request a temporary four-month reduction (“Current Ratio Reduction Period”) of the minimum consolidated current ratio at any time during 2020 and the first seven days of 2021. FR has not yet exercised that option. During the Current Ratio Reduction Period, the applicable borrowing rate margin on LIBOR and base rate loans ranges from 2.05% to 3.00% and 0.55% and 1.50%, respectively, based on the consolidated current ratio at FR. Effective May 12, 2020 through July 31, 2020, FR was not allowed to draw further Revolving Credit Loans (as defined in the Floor Plan Facility). The Floor Plan Facility includes a flooring line aggregate interest reduction (“FLAIR”) 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 FLAIR offset account into the Company’s operating cash accounts. As a result of using the FLAIR offset account, the Company experiences a reduction in floor plan interest expense in its consolidated statements of operations. As of September 30, 2020 and December 31, 2019, FR had $104.3 million and $87.0 million, respectively, in the FLAIR offset account. The Third Amendment raised the maximum FLAIR percentage of outstanding floor plan borrowings from 20% to 30% for the period of May 12, 2020 through August 31, 2020 before returning to 20%. Management has determined that the credit agreement governing the Floor Plan Facility includes subjective acceleration clauses, which could impact debt classification. Management has determined that no events have occurred at September 30, 2020 that would trigger a subjective acceleration clause. Additionally, the credit agreement governing the Floor Plan Facility contains certain financial covenants. FR was in compliance with all debt covenants at September 30, 2020 and December 31, 2019. On June 29, 2020, FR made a voluntary $20.0 million principal payment on the revolving line of credit. The following table details the outstanding amounts and available borrowings under the Floor Plan Facility as of September 30, 2020 and December 31, 2019 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ December 31, ​ 2020 2019 Floor Plan Facility ​ ​ ​ ​ ​ ​ Notes payable - floor plan: ​ ​ ​ ​ ​ ​ Total commitment ​ $ 1,379,750 ​ $ 1,379,750 Less: borrowings, net ​ ​ (430,514) ​ ​ (848,027) Less: flooring line aggregate interest reduction account ​ ​ (104,295) ​ ​ (87,016) Additional borrowing capacity ​ ​ 844,941 ​ ​ 444,707 Less: accounts payable for sold inventory ​ ​ (53,300) ​ ​ (27,892) Less: purchase commitments ​ ​ (60,174) ​ ​ (8,006) Unencumbered borrowing capacity ​ $ 731,467 ​ $ 408,809 ​ ​ ​ ​ ​ ​ ​ Revolving line of credit: ​ $ 51,000 ​ $ 60,000 Less: borrowings ​ ​ (20,885) ​ ​ (40,885) Additional borrowing capacity ​ $ 30,115 ​ $ 19,115 ​ ​ ​ ​ ​ ​ ​ Letters of credit: ​ ​ ​ ​ ​ ​ Total commitment ​ $ 15,000 ​ $ 15,000 Less: outstanding letters of credit ​ ​ (11,175) ​ ​ (11,175) Additional letters of credit capacity ​ $ 3,825 ​ $ 3,825 ​ ​ ​ ​ ​ ​ ​ ​

Restructuring and Long-lived As

Restructuring and Long-lived Asset Impairment	9 Months Ended
	Sep. 30, 2020
Restructuring and Long-lived Asset Impairment
Restructuring and Long-lived Asset Impairment	4 . Restructuring and Long-lived Asset Impairment Restructuring On September 3, 2019, the board of directors of CWH approved a plan to strategically shift its business away from locations where the Company does not have the ability or where it is not feasible to sell and/or service RVs at a sufficient capacity (the “Outdoor Lifestyle Locations”). Of the Outdoor Lifestyle Locations in the RV and Outdoor Retail segment operating at September 3, 2019, the Company has closed or divested 39 Outdoor Lifestyle Locations, three distribution centers, and 20 specialty retail locations through September 30, 2020. One of the aforementioned closed distribution centers was reopened during the three months ended June 2020 and repurposed for online order fulfillment. As of September 30, 2020, the Company has completed the store closures and divestitures relating to the 2019 Strategic Shift. As part of the 2019 Strategic Shift, the Company evaluated the impact on its supporting infrastructure and operations, which included rationalizing inventory levels and composition, closing certain distribution centers, and realigning other resources. The Company had a reduction of headcount and labor costs for those locations that were closed or divested and the Company incurred material charges associated with the activities contemplated under the 2019 Strategic Shift. The Company currently estimates the total restructuring costs associated with the 2019 Strategic Shift to be in the range of $87.6 million to $110.6 million. The breakdown of the estimated restructuring costs are as follows: ● one-time employee termination benefits relating to retail store or distribution center closures/divestitures of $1.2 million, all of which has been incurred through September 30, 2020; ● lease termination costs of $17.0 million to $32.0 million, of which $8.3 million has been incurred through September 30, 2020; ● incremental inventory reserve charges of $42.4 million, all of which has been incurred through September 30, 2020; and ● other associated costs of $27.0 million to $35.0 million, of which $18.1 million has been incurred through September 30, 2020. Through September 30, 2020, the Company has incurred $18.1 million of such other associated costs primarily representing labor, lease, and other operating expenses incurred during the post-close wind-down period for the locations related to the 2019 Strategic Shift. The additional amount of $8.9 million to $16.9 million represents similar costs that may be incurred during the fifteen month period from October 2020 to December 31, 2021 for locations that continue in a wind-down period, primarily comprised of lease costs accounted for under ASC 842, Leases prior to lease termination. The Company intends to negotiate terminations of these leases where prudent and pursue sublease arrangements for the remaining leases. Lease costs may continue to be incurred after December 31, 2021 on these leases if the Company is unable to terminate the leases under acceptable terms or offset the lease costs through sublease arrangements. The foregoing lease termination cost estimate represents the expected cash payments to terminate certain leases, but does not include the gain or loss from derecognition of the related operating lease assets and liabilities, which is dependent on the particular leases that will be terminated. The following table details the costs incurred during the three and nine months ended September 30, 2020 associated with the 2019 Strategic Shift (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, 2020 September 30, 2019 September 30, 2020 September 30, 2019 Restructuring costs: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ One-time termination benefits (1) ​ $ — ​ $ 182 ​ $ 231 ​ $ 182 Lease termination costs (2) ​ ​ 706 ​ ​ — ​ ​ 1,951 ​ ​ — Incremental inventory reserve charges (3) ​ ​ — ​ ​ 27,306 ​ ​ 543 ​ ​ 27,306 Other associated costs (4) ​ ​ 3,689 ​ ​ 236 ​ ​ 13,788 ​ ​ 236 Total restructuring costs ​ $ 4,395 ​ $ 27,724 ​ $ 16,513 ​ $ 27,724 ​ (1) These costs incurred in 2020 were primarily included in costs applicable to revenues – products, service and other in the condensed consolidated statements of operations. These costs incurred in 2019 were primarily included in selling, general and administrative expenses in the condensed consolidated statements of operations. (2) These costs were included in lease termination charges in the condensed consolidated statements of operations. This reflects termination fees paid, net of any gain from derecognition of the related operating lease assets and liabilities. (3) These costs were included in costs applicable to revenue – products, service and other in the condensed consolidated statements of operations. (4) Other associated costs primarily represent labor, lease, and other operating expenses incurred during the post-close wind-down period for the locations related to the 2019 Strategic Shift. For the three and nine months ended September 30, 2020, costs of approximately $0.0 million and $0.4 million were included in costs applicable to revenue – products, service and other and $3.7 million and $13.4 million were included in selling, general, and administrative expenses, respectively, in the condensed consolidated statements of operations. The following table details changes in the restructuring accrual associated with the 2019 Strategic Shift (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ One-time Lease Other ​ ​ Termination Termination Associated ​ ​ Benefits Costs (1) Costs Total Balance at June 30, 2019 ​ $ — ​ $ — ​ $ — ​ $ — Charged to expense ​ ​ 1,008 ​ ​ 1,350 ​ ​ 4,321 ​ ​ 6,679 Paid or otherwise settled ​ ​ (286) ​ ​ (1,350) ​ ​ (4,036) ​ ​ (5,672) Balance at December 31, 2019 ​ ​ 722 ​ ​ — ​ ​ 285 ​ ​ 1,007 Charged to expense ​ ​ 231 ​ ​ 6,932 ​ ​ 13,788 ​ ​ 20,951 Paid or otherwise settled ​ ​ (953) ​ ​ (6,932) ​ ​ (12,417) ​ ​ (20,302) Balance at September 30, 2020 ​ $ — ​ $ — ​ $ 1,656 ​ $ 1,656 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) Lease termination costs exclude the $1.3 million and the $5.0 million of gains from the derecognition of the operating lease assets and liabilities relating to the terminated leases as part of the 2019 Strategic Shift for the six months ended December 31, 2019 and for the nine months ended September 30, 2020, respectively. The Company evaluated the requirements of ASC No. 205-20, Presentation of Financial Statements – Discontinued Operations relative to the 2019 Strategic Shift and determined that discontinued operations treatment is not applicable. Accordingly, the results of operations of the locations impacted by the 2019 Strategic Shift are reported as part of continuing operations in the accompanying condensed consolidated financial statements. Long-lived Asset Impairment During the three months ended March 31, 2020, the Company had indicators of impairment of the long-lived assets for certain of its locations. For locations that failed the recoverability test based on an analysis of undiscounted cash flows, the Company estimated the fair value of the locations based on a discounted cash flow analysis. After performing the long-lived asset impairment test for these locations, the Company determined that ten locations within the RV and Outdoor Retail segment had long-lived assets that were impaired. The long-lived asset impairment charge, subject to limitations described below, was calculated as the amount that the carrying value of the locations exceeded the estimated fair value. The calculated long-lived asset impairment charge was allocated to each of the categories of long-lived assets at each location pro rata based on the long-lived assets’ carrying values, except that individual assets cannot be impaired below their individual fair values when that fair value can be determined without undue cost and effort. For most of these locations, the operating lease right-of-use assets and furniture and equipment were written down to their individual fair values and the remaining impairment charge was allocated to the remaining long-lived assets up to the fair value estimated on these assets based on liquidation value estimates. During the three months ended September 30, 2020, the Company identified indicators of impairment at previously closed stores in certain markets. After performing the long-lived asset impairment test using updated assumptions for these locations, the Company determined that 7 locations within the RV and Outdoor Retail segment had long-lived assets that were impaired. The charges were calculated under the same methodology applied in the first quarter, and we recorded charges as follows: $3.2 million related to operating lease right-of-use assets and $1.2 million related to buildings, all of which was related to the 2019 Strategic Shift discussed above. For the nine months ended September 30, 2020, the Company recorded the following long-lived asset impairment charges: $2.4 million related to leasehold improvements, $2.6 million related to furniture and equipment, $1.2 million related to buildings, and $4.7 million operating lease right-of-use assets. Of the $10.9 million long-lived asset impairment charge during the nine months ended September 30, 2020, $10.8 million related to the 2019 Strategic Shift discussed above.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2020
Goodwill and Intangible Assets
Goodwill and Intangible Assets	5. Goodwill and Intangible Assets Goodwill The following is a summary of changes in the Company’s goodwill by segment for the nine months ended September 30, 2020 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam ​ ​ ​ ​ ​ ​ ​ Services and ​ RV and ​ ​ ​ ​ Plans Outdoor Retail Consolidated Balance as of December 31, 2019 (excluding impairment charges) ​ $ 70,713 ​ $ 558,065 ​ $ 628,778 Accumulated impairment charges ​ ​ (46,884) ​ ​ (194,953) ​ ​ (241,837) Balance as of December 31, 2019 ​ ​ 23,829 ​ ​ 363,112 ​ ​ 386,941 Acquisitions (1) ​ ​ — ​ ​ 125 ​ ​ 125 Balance as of September 30, 2020 ​ $ 23,829 ​ $ 363,237 ​ $ 387,066 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) Represents measurement period adjustments relating to prior period acquisitions (see Note 11 — Acquisitions). ​ 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. During the three months ended March 31, 2020, the Company determined that a triggering event for an interim goodwill impairment test of its RV and Outdoor Retail reporting unit had occurred as a result of the decline in the market price of the Company’s Class A common stock and the potential impact of COVID-19 on the Company’s business. As a result of the interim goodwill impairment test, the Company determined that the fair value of the RV and Outdoor Retail reporting unit was substantially above its respective carrying amount, therefore, no goodwill impairment was recorded. For the three months ended September 30, 2020, the Company determined that there were no triggering events for an interim goodwill impairment test of its reporting units. Intangible Assets Finite-lived intangible assets and related accumulated amortization consisted of the following at September 30, 2020 and December 31, 2019 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 ​ ​ Cost or ​ Accumulated ​ ​ ​ ​ Fair Value Amortization Net Good Sam Services and Plans: ​ ​ ​ ​ ​ ​ ​ ​ ​ Membership and customer lists ​ $ 9,140 ​ $ (8,491) ​ $ 649 RV and Outdoor Retail: ​ ​ ​ ​ ​ ​ ​ ​ ​ Customer lists and domain names ​ ​ 2,065 ​ ​ (1,838) ​ ​ 227 Trademarks and trade names ​ ​ 28,839 ​ ​ (6,188) ​ ​ 22,651 Websites ​ ​ 6,647 ​ ​ (2,433) ​ ​ 4,214 ​ ​ $ 46,691 ​ $ (18,950) ​ $ 27,741 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2019 ​ ​ Cost or ​ Accumulated ​ ​ ​ ​ Fair Value Amortization Net Good Sam Services and Plans: ​ ​ ​ ​ ​ ​ ​ ​ ​ Membership and customer lists ​ $ 9,140 ​ $ (7,972) ​ $ 1,168 RV and Outdoor Retail: ​ ​ ​ ​ ​ ​ ​ ​ ​ Customer lists and domain names ​ ​ 2,065 ​ ​ (1,768) ​ ​ 297 Trademarks and trade names ​ ​ 28,955 ​ ​ (4,862) ​ ​ 24,093 Websites ​ ​ 5,990 ​ ​ (1,841) ​ ​ 4,149 ​ ​ $ 46,150 ​ $ (16,443) ​ $ 29,707 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Long-Term Debt

Long-Term Debt	9 Months Ended
	Sep. 30, 2020
Long-Term Debt
Long-Term Debt	6. Long-Term Debt Outstanding long-term debt consisted of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ December 31, ​ 2020 2019 Term Loan Facility (1) ​ $ 1,132,348 ​ $ 1,148,115 Finance Lease Liabilities (2) ​ ​ 27,910 ​ ​ — Real Estate Facility (3) ​ ​ 4,610 ​ ​ 19,521 Subtotal ​ ​ 1,164,868 ​ ​ 1,167,636 Less: current portion ​ ​ (14,355) ​ ​ (14,085) Total ​ $ 1,150,513 ​ $ 1,153,551 ​ ​ ​ ​ ​ ​ ​ (1) Net of $3.5 million and $4.3 million of original issue discount at September 30, 2020 and December 31, 2019, respectively, and $8.6 million and $10.7 million of finance costs at September 30, 2020 and December 31, 2019, respectively. (2) Consists of two real estate parcels with long-term leases and IT equipment contracts, which contain lease components that extend through the majority of the useful life of the asset. Certain IT equipment contracts also contain purchase options at the end of the term, which are likely to be exercised (see Note 7 – Lease Obligations). (3) Net of $14,000 and $0.2 million of finance costs at September 30, 2020 and December 31, 2019, respectively. Senior Secured Credit Facilities As of September 30, 2020 and December 31, 2019, CWGS Group, LLC (the “Borrower”), a wholly-owned subsidiary of CWGS, LLC, was party to a credit agreement (as amended from time to time, the “Credit Agreement”) for a senior secured credit facility (the “Senior Secured Credit Facilities”). The Senior Secured Credit Facilities consist of a $1.19 billion term loan facility (the “Term Loan Facility”) and a $35.0 million revolving credit facility (the “Revolving Credit Facility”). 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. The Revolving Credit Facility matures on November 8, 2021, and the Term Loan Facility matures on November 8, 2023. The Term Loan Facility requires mandatory principal payments in equal quarterly installments of $3.0 million. Additionally, the Company is required to prepay the term loan borrowings in an aggregate amount up to 50% of excess cash flow, as defined in the Credit Agreement, for such fiscal year depending on the Total Leverage Ratio. On June 30, 2020, the Borrower made a $9.6 million voluntary principal payment on the Term Loan Facility. As of September 30, 2020, the average interest rate on the Term Loan Facility was 3.50%. The following table details the outstanding amounts and available borrowings under the Senior Secured Credit Facilities as of (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ December 31, ​ 2020 2019 Senior Secured Credit Facilities: ​ ​ ​ ​ ​ ​ Term Loan Facility: ​ ​ ​ ​ ​ ​ Principal amount of borrowings ​ $ 1,195,000 ​ $ 1,195,000 Less: cumulative principal payments ​ ​ (50,511) ​ ​ (31,898) Less: unamortized original issue discount ​ ​ (3,516) ​ ​ (4,320) Less: finance costs ​ ​ (8,625) ​ ​ (10,667) ​ ​ ​ 1,132,348 ​ ​ 1,148,115 Less: current portion ​ ​ (11,991) ​ ​ (11,991) Long-term debt, net of current portion ​ $ 1,120,357 ​ $ 1,136,124 Revolving Credit Facility: ​ ​ ​ ​ ​ ​ Total commitment ​ $ 35,000 ​ $ 35,000 Less: outstanding letters of credit ​ ​ (5,560) ​ ​ (4,112) Less: availability reduction due to Total Leverage Ratio ​ ​ — ​ ​ (21,622) Additional borrowing capacity ​ $ 29,440 ​ $ 9,266 ​ ​ ​ ​ ​ ​ ​ ​ 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 pertaining to, 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 September 30, 2020 that would trigger a subjective acceleration clause. 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 in effect only if, as of the end of each calendar quarter, 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 (minus the lesser of (a) $5.0 million and (b) letters of credit outstanding), as defined in the Credit Agreement. As of September 30, 2020, the Company was not subject to this covenant as borrowings under the Revolving Credit Facility did not exceed the 30% threshold. At September 30, 2020, the Company would have met this covenant if the Company had exceeded the 30% threshold. The Company was in compliance with all applicable debt covenants at September 30, 2020 and December 31, 2019. Real Estate Facility As of September 30, 2020 and December 31, 2019, Camping World Property, Inc. (the ‘‘Real Estate Borrower’’), an indirect wholly-owned subsidiary of CWGS, LLC, and CIBC Bank USA (“Lender”), were party to a loan and security agreement for a real estate credit facility with an aggregate maximum principal capacity 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. The Real Estate Facility is 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. As of September 30, 2020, a principal balance of $4.6 million was outstanding under the Real Estate Facility, and the interest rate was 3.08% with a commitment fee of 0.50% of the aggregate unused principal amount of the Real Estate Facility. As of September 30, 2020, the Company had no available capacity under the Real Estate Facility. In August 2020, the Company entered into an agreement to lease an owned property for a former distribution center in Greenville, North Carolina to a third party. By entering into this lease, the Company was required to pay down $10.3 million of the Real Estate Facility in August 2020. Additionally, in September 2020, the Company sold an owned property relating to the other former distribution center in Greenville, North Carolina to a third party. By selling this property, the Company was required to pay down $3.4 million of the Real Estate Facility in September 2020. Management has determined that the credit agreement governing the Real Estate Facility includes subjective acceleration clauses which could impact debt classification. Management has determined that no events have occurred at September 30, 2020 that would trigger a subjective acceleration clause. Additionally, the Real Estate Facility is subject to certain cross default provisions, a debt service coverage ratio, and other customary covenants. The Company was in compliance with all debt covenants at September 30, 2020 and December 31, 2019.

Lease Obligations

Lease Obligations	9 Months Ended
	Sep. 30, 2020
Lease Obligations
Lease Obligations	7. Lease Obligations The following presents certain information related to the costs for leases ($ in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, ​ Nine Months Ended September 30, ​ 2020 2019 2020 2019 Operating lease cost $ 30,117 ​ $ 30,469 ​ $ 91,134 ​ $ 91,287 Finance lease cost: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortization of finance lease assets ​ 804 ​ ​ — ​ ​ 1,852 ​ ​ — Interest on finance lease liabilities ​ 422 ​ ​ — ​ ​ 829 ​ ​ — Short-term lease cost ​ 349 ​ ​ 851 ​ ​ 1,228 ​ ​ 2,437 Variable lease cost ​ 7,205 ​ ​ 550 ​ ​ 18,260 ​ ​ 1,652 Sublease income ​ (476) ​ ​ (480) ​ ​ (1,343) ​ ​ (996) Net lease costs $ 38,421 ​ $ 31,390 ​ $ 111,960 ​ $ 94,380 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The following presents components of lease assets and lease liabilities, and the associated financial statement line items ($ in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, December 31, Lease Assets and Liabilities ​ Financial Statement Line Items ​ 2020 ​ 2019 Operating lease assets ​ Operating lease assets ​ $ 781,615 ​ $ 807,537 Finance lease assets ​ Property and equipment, net ​ ​ 28,210 ​ ​ — Total lease assets, net ​ ​ ​ $ 809,825 ​ $ 807,537 ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating lease liabilities - current ​ Current portion of operating lease liabilities ​ $ 60,933 ​ $ 58,613 Finance lease liabilities - current ​ Current portion of long-term debt ​ ​ 2,035 ​ ​ — Operating lease liabilities - non-current ​ Operating lease liabilities, net of current portion ​ ​ 818,452 ​ ​ 843,312 Finance lease liabilities - non-current ​ Long-term debt, net of current portion ​ ​ 25,877 ​ ​ — Total lease liabilities ​ ​ ​ $ 907,297 ​ $ 901,925 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The following presents supplemental cash flow information related to leases ($ in thousands): ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, ​ 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: ​ ​ ​ ​ ​ Operating cash flows for operating leases $ 91,459 ​ $ 90,835 Operating cash flows for finance leases ​ 666 ​ ​ — Financing cash flows for finance leases ​ 2,030 ​ ​ — Lease assets obtained in exchange for lease liabilities: ​ ​ ​ ​ ​ New, remeasured, and terminated operating leases $ 21,730 ​ $ 86,349 New finance leases ​ 29,522 ​ ​ — ​

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2020
Fair Value Measurements
Fair Value Measurements	8. 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 2020 and 2019 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, the Revolving Line of Credit, and the Real Estate Facility are estimated by discounting the future contractual cash flows at the current market interest rate that is available based on similar financial instruments. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value ​ September 30, 2020 ​ December 31, 2019 ($ in thousands) Measurement Carrying Value Fair Value Carrying Value Fair Value Term Loan Facility ​ Level 2 ​ $ 1,132,348 ​ $ 1,113,016 ​ $ 1,148,115 ​ $ 1,104,947 Floor Plan Facility Revolving Line of Credit ​ Level 2 ​ ​ 20,885 ​ ​ 20,869 ​ ​ 40,885 ​ ​ 41,299 Real Estate Facility ​ Level 2 ​ ​ 4,610 ​ ​ 4,610 ​ ​ 19,521 ​ ​ 21,030 ​

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2020
Commitments and Contingencies.
Commitments and Contingencies	9. Commitments and Contingencies 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. Strougo v. Camping World Holdings, Inc. et al. The Ronge and Strougo Complaints were consolidated and lead plaintiffs (the “ Ronge Ronge and the underwriters of the May and October 2017 secondary offerings of the Company’s Class A common stock (the “Consolidated Complaint”). 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. On May 17, 2019, the Company, along with the other defendants, moved to dismiss the Consolidated Complaint. On March 12, 2020, Ronge Ronge 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. Ronge Ronge On February 22, 2019, a putative class action complaint styled Daniel Geis v. Camping World Holdings, Inc., et al. Geis Ronge Geis Ronge Ronge On March 5, 2019, a shareholder derivative suit styled Hunnewell v. Camping World Holdings, Inc., et al. oversee certain acquisitions and for alleged insider trading (the “Hunnewell Complaint”). The Hunnewell Complaint names the Company as nominal defendant, and names certain of the Company’s officers and directors, among others, as defendants and seeks restitutionary and/or compensatory damages, disgorgement of all management fees, advisory fees, expenses and other fees paid by the Company during the period in question, disgorgement of profits pursuant to the alleged insider trading, attorneys’ fees and costs, and any other and further relief the court deems just and proper. On April 17, 2019, a shareholder derivative suit styled Lincolnshire Police Pension Fund v. Camping World Holdings, Inc., et al. Ronge On August 6, 2019, two shareholder derivative suits, styled Janssen v. Camping World Holdings, Inc., et al., Sandler v. Camping World Holdings, Inc. et al., Ronge No assurance can be made that these or similar suits will not result in a material financial exposure in excess of insurance coverage, which could have a material adverse effect upon the Company’s financial condition and results of operations. From time to time, the Company is involved in other litigation arising in the normal course of business operations. ​

Statement of Cash Flows

Statement of Cash Flows	9 Months Ended
	Sep. 30, 2020
Statement of Cash Flows
Statements of Cash Flows	10 . Statement of Cash Flows Supplemental disclosures of cash flow information for the following periods (in thousands) were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ 2020 2019 Cash paid during the period for: ​ ​ ​ ​ ​ ​ Interest ​ $ 58,632 ​ $ 81,647 Income taxes ​ ​ 25,244 ​ ​ 6,046 Non-cash investing activities: ​ ​ ​ ​ ​ ​ Leasehold improvements paid by lessor ​ ​ 74 ​ ​ 20,121 Vehicles transferred to property and equipment from inventory ​ ​ (70) ​ ​ 575 Capital expenditures in accounts payable and accrued liabilities ​ ​ 1,554 ​ ​ 4,530 Non-cash financing activities: ​ ​ ​ ​ ​ ​ Par value of Class A common stock issued in exchange for common units in CWGS, LLC ​ ​ 48 ​ ​ — Par value of Class A common stock issued for vested restricted stock units ​ ​ 3 ​ ​ 2 ​

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2020
Acquisitions
Acquisitions	11. Acquisitions During the nine months ended September 30, 2020, the Company did not acquire any businesses. During the nine months ended September 30, 2019, subsidiaries of the Company acquired the assets of five RV dealerships that constituted businesses under accounting rules. The Company used a combination of cash and floor plan financing to complete the acquisitions. The Company considers acquisitions of independent dealerships to be a fast and capital efficient alternative to opening new RV and Outdoor Retail locations to expand its business and grow its customer base. 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. During the nine months ended September 30, 2019, the RV and Outdoor Retail segment acquired the assets of RV dealerships for an aggregate purchase price of approximately $48.4 million. The purchases were partially funded through $13.9 million of borrowings under the Floor Plan Facility. For the nine months ended September 30, 2019, the Company purchased real property of $27.8 million of which $2.9 million was from parties related to the sellers of the businesses. The estimated fair values of the assets acquired and liabilities assumed for the acquisitions of dealerships, retail and consumer shows consist of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, ($ in thousands) 2020 2019 Tangible assets (liabilities) acquired (assumed): ​ ​ ​ ​ ​ ​ Inventories, net ​ $ (125) ​ $ 19,871 Prepaid expenses and other assets ​ ​ — ​ ​ 95 Property and equipment, net ​ ​ — ​ ​ 360 Accounts payable ​ ​ — ​ ​ (2) Accrued liabilities ​ ​ — ​ ​ (113) Total tangible net assets acquired ​ ​ (125) ​ ​ 20,211 Goodwill ​ ​ 125 ​ ​ 28,198 Purchase price ​ ​ — ​ ​ 48,409 Cash paid for acquisitions, net of cash acquired ​ ​ — ​ ​ 48,409 Inventory purchases financed via floor plan ​ ​ — ​ ​ (13,854) Cash payment net of floor plan financing ​ $ — ​ $ 34,555 ​ ​ ​ ​ ​ ​ ​ ​ For the nine months ended September 30, 2020, the fair values above represent measurement period adjustments for valuation of acquired inventories relating to dealership acquisitions during the year ended December 31, 2019. 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 nine months ended September 30, 2020 and 2019, acquired goodwill of $0.1 million and $28.2 million, respectively, is expected to be deductible for tax purposes. Included in the nine months ended September 30, 2019 consolidated financial results were $34.2 million of revenue and $1.3 million of pre-tax loss 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.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2020
Income Taxes
Income Taxes	12. Income Taxes CWH is organized as a Subchapter C corporation and, as of September 30, 2020, is a 47.7% owner of CWGS, LLC (see Note 14 — Stockholders’ Equity and Note 15 — Non-Controlling Interests). 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., Camping World, Inc. (“CW”), and FreedomRoads RV, Inc. and their wholly-owned subsidiaries, which are Subchapter C corporations. On January 1, 2019, the Company transferred certain assets relating to its Good Sam Club and co-branded credit card from its indirect wholly-owned subsidiary, GSS Enterprises LLC (“GSS”), to its indirect wholly-owned subsidiary, CW, a corporation. As a result of this transfer, the Company recorded an estimated $14.4 million of net income tax expense during the nine months ended September 30, 2019 due to the revaluation of certain deferred tax assets and related changes in valuation allowance. As a result of transferring certain assets relating to its Good Sam Club and co-branded credit card from GSS to CW, as described above, the Company also re-evaluated the impact on its Tax Receivable Agreement liability related to the reduction of future expected tax amortization. The reduction in future expected tax amortization reduced the Tax Receivable Agreement liability by an estimated $7.2 million. Unrelated to the transfer described above, the Tax Receivable Agreement liability was reduced by an additional $1.1 million during the nine months ended September 30, 2019 for changes in estimated state income tax rates applicable to CWH. As a result of these adjustments to the Tax Receivable Agreement liability, the Company recorded an estimated $8.5 million of other income in the condensed consolidated statement of operations for the nine months ended September 30, 2019. As further described in Note 1 — Summary of Significant Accounting Policies — COVID-19, in response to the COVID-19 pandemic, many governments have enacted or are contemplating measures to provide aid and economic stimulus. These measures may include deferring the due dates of income tax and payroll tax payments or other changes to their income and non-income-based tax laws. The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), which was enacted on March 27, 2020 in the U.S., includes measures to assist companies, including temporary changes to income and non-income-based tax laws. For the three and nine months ended September 30, 2020, there were no material tax impacts to the Company’s condensed consolidated financial statements as it relates to COVID-19 measures other than the deferral of non-income-based payroll taxes under the CARES Act of $19.8 million as of September 30, 2020, which were included in other long-term liabilities in the condensed consolidated balance sheets. The Company will continue to monitor additional guidance issued by the U.S. Treasury Department, the Internal Revenue Service and others. For the three and nine months ended September 30, 2020, the Company’s effective income tax rate was 12.6% and 13.4%, respectively. For the three and nine months ended September 30, 2019, the Company’s effective income tax rate was negative as a result of incurring income tax expense on a loss before income taxes for both periods. The increase is primarily a result of higher income incurred at CWGS, LLC for which the Company is subject to U.S. federal and state taxes on its allocable share, partially offset by operating losses recorded by CW for which no tax benefit can be recognized and absent the transfer of certain assets between subsidiaries in the prior period, which had resulted in the $14.4 million of net income tax expense described above. The Company's effective income tax rate for the nine months ended September 30, 2020 was 13.4%, which differed from the federal statutory rate of 21.0% primarily due to a portion of the Company’s earnings being attributable to non-controlling interests in limited liability companies which are not subject to corporate level taxes and losses at certain subsidiaries for which an income tax benefit was not recorded, since there was a full valuation allowance against the related deferred tax assets of those subsidiaries. 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 September 30, 2020 and December 31, 2019, the Company determined that all of its deferred tax assets (except those of CW and the Outside Basis Deferred Tax Asset discussed below) are more likely than not to be realized. The Company maintains a full valuation allowance against the deferred tax assets of CW, since it was determined that it is more likely than not, based on available objective evidence, that CW would have insufficient taxable income in the current or carryforward periods under the tax laws to realize the future tax benefits of its deferred tax assets. 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 Company is party to 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. During the nine months ended September 30, 2020 and 2019, 4,832,497 and 5,725 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 September 30, 2020 and December 31, 2019, the amount of Tax Receivable Agreement payments due under the Tax Receivable Agreement was $140.0 million and $114.8 million, respectively, of which $8.2 million and $6.6 million, respectively, was included in the current portion of the Tax Receivable Agreement liability in the condensed consolidated balance sheets. The Deferred Tax Asset in the investment in CWGS, LLC increased $37.0 million as a result of Crestview Partners II GP, L.P.’s redemption of 4.7 million common units in CWGS, LLC for 4.7 million shares of the Company’s Class A common stock during the three months ended September 30, 2020.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2020
Related Party Transactions
Related Party Transactions	13. Related Party Transactions Transactions with Directors, Equity Holders and Executive Officers FreedomRoads leases various RV and Outdoor Retail locations from managers and officers. During the three months ended September 30, 2020 and 2019, the related party lease expense for these locations was $0.5 million and $0.5 million, respectively. During the nine months ended September 30, 2020 and 2019, the related party lease expense for these locations was $1.5 million and $1.5 million, respectively. In January 2012, FreedomRoads entered into a lease (the “Original Lease”) for the offices in Lincolnshire, Illinois, which was amended as of March 2013 (the “First Amendment”). The Original Lease base rent of $29,000 per month was increased to $31,500 per month in March 2013 by virtue of the First Amendment and is subject to annual increases. As of November 1, 2019, by way of the Second Amendment to the Office Lease, (together with the Original Lease and the First Amendment, collectively, the “Office Lease”), the Company began leasing additional space for an additional monthly base rent of $5,200. The Company’s Chairman and Chief Executive Officer has personally guaranteed the Office Lease. Other Transactions The Company does business with certain companies in which Mr. Lemonis has a direct or indirect material interest. The Company purchased fixtures for interior store sets at the Company’s retail locations from Precise Graphix. Mr. Lemonis has a 67% economic interest in Precise Graphix. The Company paid Precise Graphix $0 million and $0.4 million for the three months ended September 30, 2020 and 2019, respectively, and $0.3 million and $1.3 million for the nine months ended September 30, 2020 and 2019, 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 for both the three months ended September 30, 2020 and 2019, and $0 and $0.2 million for the nine months ended September 30, 2020 and 2019, 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, $0.1 million and $0.1 million during the nine months ended September 30, 2020 and 2019, respectively, for legal services. ​

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2020
Stockholders' Equity
Stockholders' Equity	14. Stockholders’ Equity CWH has authorized preferred stock and three classes of common stock. The Class A common stock entitles the holders to receive dividends; distributions upon the liquidation, dissolution, or winding up of the Company; and have voting rights. The Class B common stock and Class C common stock entitles the holders to voting rights, which in certain cases are disproportionate to the voting rights of the Class A common stock; however, the holders of Class B common stock and Class C common stock are not entitled to receive dividends or distributions upon the liquidation, dissolution, or winding up of the Company. CWH is the sole managing member of CWGS, LLC and, although CWH has a minority economic interest in CWGS, LLC, CWH has the sole voting power in, and controls 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. In accordance with the amended and restated limited liability company agreement of CWGS, LLC (the “LLC Agreement”), the Continuing Equity Owners with common units in CWGS, LLC may elect to exchange or redeem the common units for newly-issued shares of the Company’s Class A common stock or cash at the Company’s election, subject to certain restrictions. If the redeeming or exchanging party also holds Class B common stock, then simultaneously with the payment of cash or newly-issued shares of Class A common stock, as applicable, in connection with a redemption or exchange of common units, a number of shares of the Company’s Class B common stock will be cancelled for no consideration on a one-for-one basis with the number of common units so redeemed or exchanged. As required by the LLC Agreement, 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).

Non-Controlling Interests

Non-Controlling Interests	9 Months Ended
	Sep. 30, 2020
Non-Controlling Interests
Non-Controlling Interests	15. Non-Controlling Interests As described in Note 14 — Stockholders’ Equity, CWH is 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 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 September 30, 2020 and December 31, 2019, CWGS, LLC had negative net assets, which resulted in negative non-controlling interest amounts on the condensed 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 condensed consolidated balance sheet is equal to the non-controlling interest’s ownership share of the underlying CWGS, LLC net assets (see the condensed consolidated statement of stockholders’ equity (deficit)). As of September 30, 2020 and December 31, 2019, there were 89,561,373 and 89,158,273 common units of CWGS, LLC outstanding, respectively, of which CWH owned 42,724,586 and 37,488,989 common units of CWGS, LLC, respectively, representing 47.7% and 42.0% ownership interests in CWGS, LLC, respectively, and the Continuing Equity Owners owned 46,836,787 and 51,669,284 common units of CWGS, LLC, respectively, representing 52.3% and 58.0% ownership interests in CWGS, LLC, respectively. During the three months ended September 30, 2020, Crestview redeemed 4.7 million common units of CWGS, LLC in exchange for 4.7 million shares of the Company’s Class A common stock, which also resulted in the cancellation of 4.7 million shares of the Company’s Class B common stock that was previously held by Crestview. The following table summarizes the effects of changes in ownership in CWGS, LLC on the Company’s equity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ($ in thousands) 2020 2019 2020 2019 Net income (loss) attributable to Camping World Holdings, Inc. ​ $ 58,050 ​ $ (30,692) ​ $ 107,967 ​ $ (32,070) Transfers to non-controlling interests: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ ​ (1,767) ​ ​ — ​ ​ (1,872) ​ ​ — Increase in additional paid-in capital as a result of the vesting of restricted stock units ​ ​ 481 ​ ​ 300 ​ ​ 553 ​ ​ 443 Decrease in additional paid-in capital as a result of repurchases of Class A common stock for withholding taxes on vested RSUs ​ ​ (958) ​ ​ (547) ​ ​ (1,517) ​ ​ (820) Increase in additional paid-in capital as a result of the redemption of common units of CWGS, LLC ​ ​ 21,801 ​ ​ — ​ ​ 21,863 ​ ​ 12 Change from net income (loss) attributable to Camping World Holdings, Inc. and transfers to non-controlling interests ​ $ 77,607 ​ $ (30,939) ​ $ 126,994 ​ $ (32,435) ​

Equity-based Compensation Plans

Equity-based Compensation Plans	9 Months Ended
	Sep. 30, 2020
Equity-based Compensation Plans
Equity-based Compensation Plans	16. 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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ September 30, ​ September 30, ($ in thousands) 2020 2019 2020 2019 Equity-based compensation expense: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Costs applicable to revenue ​ $ 292 ​ $ 231 ​ $ 639 ​ $ 646 Selling, general, and administrative ​ ​ 5,909 ​ ​ 2,703 ​ ​ 13,056 ​ ​ 8,867 Total equity-based compensation expense ​ $ 6,201 ​ $ 2,934 ​ $ 13,695 ​ $ 9,513 ​ The following table summarizes stock option activity for the nine months ended September 30, 2020: ​ ​ ​ ​ ​ ​ ​ Stock Options ​ (in thousands) Outstanding at December 31, 2019 ​ ​ 745 Exercised ​ ​ (153) Forfeited ​ ​ (55) Outstanding at September 30, 2020 ​ ​ 537 Options exercisable at September 30, 2020 ​ ​ 354 ​ The following table summarizes restricted stock unit activity for the nine months ended September 30, 2020: ​ ​ ​ ​ ​ ​ ​ Restricted ​ ​ Stock Units ​ (in thousands) Outstanding at December 31, 2019 ​ ​ 1,806 Granted ​ ​ 2,516 Vested ​ ​ (315) Forfeited ​ ​ (205) Outstanding at September 30, 2020 ​ ​ 3,802 ​ ​ ​ In June 2020, the Company entered into a consulting agreement with Melvin Flanigan that became effective after his resignation as the Company’s Chief Financial Officer and Secretary on June 30, 2020. Prior to Mr. Flanigan’s resignation from his employment with the Company, he was previously granted awards of (a) 62,500 restricted stock units (“RSUs”) on January 21, 2019 (the “First Award”), and (b) 60,000 RSUs on November 12, 2019 (the “Second Award”) pursuant to the Company’s 2016 Incentive Award Plan. The consulting agreement provides, among other things, that: (i) the remaining unvested 41,667 RSUs held by Mr. Flanigan pursuant to the First Award will vest on January 1, 2021, provided that the consulting agreement has not been terminated prior to December 31, 2020, and (ii) 20,000 unvested RSUs held by Mr. Flanigan pursuant to the Second Award that are scheduled to vest on November 15, 2020 will vest on such date, provided that the Consulting Agreement has not been terminated prior to such date. This modification resulted in an incremental equity-based compensation charge of $1.3 million relating to the modified RSUs which will be recorded, net of forfeitures, between June 2020 and December 31, 2020. During the three months ended September 30, 2020, the Company granted 2.5 million RSUs to employees with an aggregate grant date fair value of $81.0 million and weighted-average grant date fair value of $32.97, which will be recognized, net of forfeitures, through August 2025.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2020
Earnings Per Share
Earnings Per Share	17. Earnings Per Share Basic earnings per share of Class A common stock is computed by dividing net income available to Camping World Holdings, Inc. by the weighted-average number of shares of Class A common stock outstanding during the period. Diluted earnings per share of Class A common stock is computed by dividing net income available to Camping World Holdings, Inc. by the weighted-average number of shares of Class A common stock outstanding adjusted to give effect to potentially dilutive securities. 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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (In thousands except per share amounts) ​ 2020 2019 2020 2019 Numerator: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) ​ $ 154,784 ​ $ (65,263) ​ $ 303,877 ​ $ (39,447) Less: net (income) loss attributable to non-controlling interests ​ ​ (96,734) ​ ​ 34,571 ​ ​ (195,910) ​ ​ 7,377 Net income (loss) attributable to Camping World Holdings, Inc. — ​ $ 58,050 ​ $ (30,692) ​ ​ 107,967 ​ ​ (32,070) Add: reallocation of net income attributable to non-controlling interests from the assumed dilutive effect of stock options and RSUs ​ ​ 794 ​ ​ — ​ ​ — ​ ​ — 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 ​ ​ — ​ ​ — ​ ​ 140,811 ​ ​ — Net income (loss) attributable to Camping World Holdings, Inc. — ​ $ 58,844 ​ $ (30,692) ​ $ 248,778 ​ $ (32,070) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (In thousands except per share amounts) ​ 2020 2019 2020 2019 Denominator: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted-average shares of Class A common stock outstanding — basic and diluted ​ ​ 39,880 ​ ​ 37,361 ​ ​ 38,356 ​ ​ 37,266 Dilutive options to purchase Class A common stock ​ ​ 191 ​ ​ — ​ ​ 64 ​ ​ — Dilutive restricted stock units ​ ​ 801 ​ ​ — ​ ​ 508 ​ ​ — Dilutive common units of CWGS, LLC that are convertible into Class A common stock ​ ​ — ​ ​ — ​ ​ 50,954 ​ ​ — Weighted-average shares of Class A common stock outstanding — diluted ​ ​ 40,872 ​ ​ 37,361 ​ ​ 89,882 ​ ​ 37,266 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings (loss) per share of Class A common stock — basic ​ $ 1.46 ​ $ (0.82) ​ $ 2.81 ​ $ (0.86) Earnings (loss) per share of Class A common stock — diluted ​ $ 1.44 ​ $ (0.82) ​ $ 2.77 ​ $ (0.86) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ ​ — ​ ​ 767 ​ ​ 483 ​ ​ 809 Restricted stock units ​ ​ 1,761 ​ ​ 1,266 ​ ​ 1,028 ​ ​ 1,373 Common units of CWGS, LLC that are convertible into Class A common stock ​ ​ 49,609 ​ ​ 51,669 ​ ​ — ​ ​ 51,671 ​ 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.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2020
Segment Information
Segments Information	18. Segments Information The Company has the following two reportable segments: (i) Good Sam Services and Plans, and (ii) RV and Outdoor Retail. Within the Good Sam Services and Plans segment, the Company primarily derives revenue from the sale of the following offerings: emergency roadside assistance plans; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; vehicle refinancing and refinancing assistance; consumer shows and events; and consumer publications and directories. Within the RV and Outdoor Retail segment, the Company primarily derives revenue from the sale of new and used RVs; commissions on the finance and insurance contracts related to the sale of RVs; the sale of RV service and maintenance work; the sale of RV parts, accessories, and supplies; the sale of outdoor products, equipment, gear and supplies and the sale of Good Sam Club memberships and co-branded credit cards. 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 revenue includes intersegment revenue. Segment income includes intersegment allocations for subsidiaries and shared resources. Reportable segment revenue; segment income; floor plan interest expense; depreciation and amortization; other interest expense, net; and total assets are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2020 ​ Three Months Ended September 30, 2019 ​ ​ Good Sam ​ RV and ​ ​ ​ ​ ​ ​ Good Sam ​ RV and ​ ​ ​ ​ ​ ​ ​ Services ​ Outdoor ​ Intersegment ​ ​ ​ ​ Services and ​ Outdoor ​ Intersegment ​ ​ ​ ($ in thousands) and Plans Retail Eliminations Total Plans Retail Eliminations Total Revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam services and plans ​ $ 46,013 ​ $ — ​ $ (72) ​ $ 45,941 ​ $ 42,461 ​ $ — ​ $ (226) ​ $ 42,235 New vehicles ​ ​ — ​ ​ 909,401 ​ ​ (1,813) ​ ​ 907,588 ​ ​ — ​ ​ 682,131 ​ ​ (1,415) ​ ​ 680,716 Used vehicles ​ ​ — ​ ​ 299,360 ​ ​ (709) ​ ​ 298,651 ​ ​ — ​ ​ 247,707 ​ ​ (556) ​ ​ 247,151 Products, service and other ​ ​ — ​ ​ 277,022 ​ ​ (400) ​ ​ 276,622 ​ ​ — ​ ​ 296,906 ​ ​ (6,135) ​ ​ 290,771 Finance and insurance, net ​ ​ — ​ ​ 142,091 ​ ​ (3,312) ​ ​ 138,779 ​ ​ — ​ ​ 117,158 ​ ​ (2,692) ​ ​ 114,466 Good Sam Club ​ ​ — ​ ​ 11,172 ​ ​ — ​ ​ 11,172 ​ ​ — ​ ​ 12,633 ​ ​ — ​ ​ 12,633 Total consolidated revenue ​ $ 46,013 ​ $ 1,639,046 ​ $ (6,306) ​ $ 1,678,753 ​ $ 42,461 ​ $ 1,356,535 ​ $ (11,024) ​ $ 1,387,972 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2020 ​ Nine Months Ended September 30, 2019 ​ ​ Good Sam ​ RV and ​ ​ ​ ​ ​ ​ Good Sam ​ RV and ​ ​ ​ ​ ​ ​ ​ Services ​ Outdoor ​ Intersegment ​ ​ ​ ​ Services and ​ Outdoor ​ Intersegment ​ ​ ​ ($ in thousands) and Plans Retail Eliminations Total Plans Retail Eliminations Total Revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam services and plans ​ $ 139,397 ​ $ — ​ $ (1,729) ​ $ 137,668 ​ $ 135,750 ​ $ — ​ $ (1,855) ​ $ 133,895 New vehicles ​ ​ — ​ ​ 2,308,042 ​ ​ (4,962) ​ ​ 2,303,080 ​ ​ — ​ ​ 1,993,576 ​ ​ (4,413) ​ ​ 1,989,163 Used vehicles ​ ​ — ​ ​ 782,292 ​ ​ (2,066) ​ ​ 780,226 ​ ​ — ​ ​ 674,843 ​ ​ (1,935) ​ ​ 672,908 Products, service and other ​ ​ — ​ ​ 681,546 ​ ​ (1,129) ​ ​ 680,417 ​ ​ — ​ ​ 778,575 ​ ​ (18,502) ​ ​ 760,073 Finance and insurance, net ​ ​ — ​ ​ 386,733 ​ ​ (8,180) ​ ​ 378,553 ​ ​ — ​ ​ 342,936 ​ ​ (8,354) ​ ​ 334,582 Good Sam Club ​ ​ — ​ ​ 32,827 ​ ​ — ​ ​ 32,827 ​ ​ — ​ ​ 36,467 ​ ​ — ​ ​ 36,467 Total consolidated revenue ​ $ 139,397 ​ $ 4,191,440 ​ $ (18,066) ​ $ 4,312,771 ​ $ 135,750 ​ $ 3,826,397 ​ $ (35,059) ​ $ 3,927,088 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ September 30, ​ September 30, ​ September 30, ​ September 30, ($ in thousands) 2020 2019 2020 2019 Segment income: (1) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam Services and Plans $ 22,390 ​ $ 18,247 ​ $ 68,321 ​ $ 61,869 RV and Outdoor Retail ​ 182,275 ​ ​ (42,800) ​ ​ 370,786 ​ ​ 32,512 Total segment income ​ 204,665 ​ ​ (24,553) ​ ​ 439,107 ​ ​ 94,381 Corporate & other ​ (2,283) ​ ​ (2,655) ​ ​ (7,177) ​ ​ (9,742) Depreciation and amortization ​ (12,304) ​ ​ (14,104) ​ ​ (38,949) ​ ​ (41,644) Other interest expense, net ​ (12,896) ​ ​ (17,568) ​ ​ (42,101) ​ ​ (53,422) Tax Receivable Agreement liability adjustment ​ — ​ ​ — ​ ​ — ​ ​ 8,477 Income before income taxes $ 177,182 ​ $ (58,880) ​ $ 350,880 ​ $ (1,950) ​ (1) Segment income is defined as income from operations before depreciation and amortization plus floor plan interest expense. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ September 30, ​ September 30, ($ in thousands) 2020 2019 2020 2019 Depreciation and amortization: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam Services and Plans ​ $ 868 ​ $ 810 ​ $ 2,392 ​ ​ 2,498 RV and Outdoor Retail ​ ​ 11,436 ​ ​ 13,294 ​ ​ 36,557 ​ ​ 39,146 Total depreciation and amortization ​ $ 12,304 ​ $ 14,104 ​ $ 38,949 ​ $ 41,644 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ September 30, ​ September 30, ($ in thousands) 2020 2019 2020 2019 Other interest expense, net: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam Services and Plans ​ $ 2 ​ $ — ​ $ 2 ​ $ (1) RV and Outdoor Retail ​ ​ 2,145 ​ ​ 2,450 ​ ​ 6,119 ​ ​ 6,863 Subtotal ​ ​ 2,147 ​ ​ 2,450 ​ ​ 6,121 ​ ​ 6,862 Corporate & other ​ ​ 10,749 ​ ​ 15,118 ​ ​ 35,980 ​ ​ 46,560 Total other interest expense, net ​ $ 12,896 ​ $ 17,568 ​ $ 42,101 ​ $ 53,422 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ December 31, ($ in thousands) 2020 2019 Assets: ​ ​ ​ ​ ​ ​ Good Sam Services and Plans ​ $ 152,312 ​ $ 138,360 RV and Outdoor Retail ​ ​ 2,913,045 ​ ​ 3,047,652 Subtotal ​ ​ 3,065,357 ​ ​ 3,186,012 Corporate & other ​ ​ 241,483 ​ ​ 190,228 Total assets ​ $ 3,306,840 ​ $ 3,376,240 ​ ​ ​ ​ ​ ​ ​ ​

Subsequent Event

Subsequent Event	9 Months Ended
	Sep. 30, 2020
Subsequent Event
Subsequent Event	​ 19. Subsequent Event Stock Repurchase Program On October 30, 2020, the Company’s Board of Directors authorized a stock repurchase program for the repurchase of up to $100.0 million of the Company’s Class A common stock, expiring on October 31, 2022. Repurchases under the program may be made in the open market, in privately negotiated transactions or otherwise, with the amount and timing of repurchases to be determined at the Company’s discretion, depending on market conditions and corporate needs. Open market repurchases will be structured to occur in accordance with applicable federal securities laws, including within the pricing and volume requirements of Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization. This program does not obligate the Company to acquire any particular amount of Class A common stock and the program may be extended, modified, suspended or discontinued at any time at the Board’s discretion. The Company expects to fund the repurchases using cash on hand. ​ ​

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2020
Summary of Significant Accounting Policies
Principles of Consolidation and Basis of Presentation	Principles of Consolidation and Basis of Presentation The condensed consolidated financial statements include the accounts of Camping World Holdings, Inc. and its subsidiaries, and are presented in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and pursuant to the rules and regulations of the SEC. Accordingly, these interim financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for fair presentation of the results of operations, financial position and cash flows for the periods presented have been reflected. All intercompany accounts and transactions of the Company and its subsidiaries have been eliminated in consolidation. The condensed consolidated financial statements as of and for the three and nine months ended September 30, 2020 are unaudited. The condensed consolidated balance sheet as of December 31, 2019 has been derived from the audited financial statements at that date but does not include all of the disclosures required by GAAP. These interim condensed consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 (the “Annual Report”) filed with the SEC on February 28, 2020. Operating results for interim periods are not necessarily indicative of the results that may be expected for the full year. CWH was formed on March 8, 2016 as a Delaware corporation for the purpose of facilitating an IPO and other related transactions in order to carry on the business of 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 that occurred on October 6, 2016 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 (see Note 14 — Stockholders’ Equity). Despite its position as sole managing member of CWGS, LLC, CWH has a minority economic interest in CWGS, LLC. As of September 30, 2020 and December 31, 2019, CWH owned 47.7% and 42.0%, respectively, of CWGS, LLC. Accordingly, the Company consolidates the financial results of CWGS, LLC and reports a non-controlling interest in its condensed consolidated financial statements. The Company does not have any components of other comprehensive income recorded within its condensed consolidated financial statements, and, therefore, does not separately present a statement of comprehensive income in its condensed consolidated financial statements.
COVID-19	COVID-19 A novel strain of coronavirus was declared a pandemic by the World Health Organization in March 2020. To date, COVID-19 has surfaced in nearly all regions of the world and resulted in travel restrictions and business slowdowns or shutdowns in affected areas. Many affected areas have begun the process of easing restrictions and reopening certain businesses often under new operating guidelines, although new waves of infection may lead to an increase in such restrictions or closures. In conjunction with the stay-at-home and shelter-in-place restrictions enacted in many areas, the Company saw significant sequential declines in its overall customer traffic levels and its overall revenues from the mid-March to mid-to-late April 2020 timeframe. In the latter part of April, the Company began to see a significant improvement in its online web traffic levels and number of electronic leads, and in early May, the Company began to see improvements in its overall revenue levels. As the stay-at-home restrictions began to ease across certain areas of the country, the Company experienced significant acceleration in its in-store and online traffic, lead generation, and revenue trends in May, and continuing through at least October 2020. In order to offset the initially expected adverse impact of COVID-19 and better align expenses with reduced sales in the middle of March 2020 and early April 2020, the Company temporarily reduced salaries and hours throughout the business, including for its executive officers, and implemented headcount and other cost reductions. Most of these temporary salary reductions ended in May 2020 as the adverse impacts of the pandemic began to decline and the Company increased hours for certain employees and reinstated many positions from the initial headcount reductions as the demand for the Company’s products increased. The Company also negotiated lease payment deferrals with numerous landlords amounting to approximately $14.0 million from 2020 into 2021. As demand for all products accelerated and the Company’s cash position improved, the Company repaid these rent deferrals in full prior to June 30, 2020. The Company has also taken steps to add new private label lines, expand its relationships with smaller recreational vehicle (“RV”) manufacturers, and acquire used inventory from distressed sellers to help manage risks in its supply chain. Throughout the pandemic, the majority of the Company’s RV and Outdoor Retail locations have continued to operate as essential businesses and the Company has continued to operate its e-commerce business. Since March 2020, the Company has implemented preparedness plans to keep its employees and customers safe, which include social distancing, providing employees with face coverings and/or other protective clothing as required, implementing additional cleaning and sanitization routines, and work-from-home directives for a significant portion of the Company’s workforce.
Description of the Business	Description of the Business Camping World Holdings, Inc., together with its subsidiaries, is America’s largest retailer of RVs and related products and services. As noted above, CWGS, LLC is a holding company and operates through its subsidiaries. The Company has the following two reportable segments: (i) Good Sam Services and Plans and (ii) RV and Outdoor Retail. See Note 18 – Segments Information to the condensed consolidated financial statements for further information about the Company’s segments. Within the Good Sam Services and Plans segment, the Company primarily derives revenue from the sale of the following offerings: emergency roadside assistance plans; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; vehicle financing and refinancing assistance; consumer shows and events; and consumer publications and directories. Within the RV and Outdoor Retail segment, the Company primarily derives revenue from the sale of new and used RVs; commissions on the finance and insurance contracts related to the sale of RVs; the sale of RV services and maintenance work; the sale of RV parts, accessories, and supplies; the sale of outdoor products, equipment, gear and supplies and the sale of Good Sam Club memberships and co-branded credit cards. The Company operates a national network of RV dealerships and service centers as well as a comprehensive e-commerce platform primarily under the Camping World and Gander RV & Outdoors brands, and markets its products and services primarily to RV and outdoor enthusiasts. In 2019, the Company made a strategic decision to refocus its business around its core RV competencies, and on September 3, 2019, the board of directors approved a strategic plan to shift the business away from locations that did not have the ability or where it was not feasible to sell and/or service RVs (the “2019 Strategic Shift”) (see Note 4 – Restructuring and Long-lived Asset Impairment). This resulted in the sale, closure or divestiture of 34 non-RV retail stores and the liquidation of approximately $108 million of non-RV related inventory in 2019. In connection with the 2019 Strategic Shift, the Company has reduced its number of retail store locations to 163 as of September 30, 2020 from 209 as of September 30, 2019. A summary of the retail store openings, closings, divestitures, conversions and number of locations from September 30, 2019 to September 30, 2020, are in the table below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ RV ​ RV Service & ​ Other ​ ​ ​ ​ ​ Dealerships ​ Retail Centers ​ Retail Stores ​ Total Number of store locations as of September 30, 2019 ​ ​ 153 ​ ​ 13 ​ ​ 43 ​ ​ 209 Opened ​ ​ 2 ​ ​ — ​ ​ — ​ ​ 2 Closed / divested ​ ​ (3) ​ ​ (2) ​ ​ (40) ​ ​ (45) Temporarily closed (1) ​ ​ (3) ​ ​ — ​ ​ — ​ ​ (3) Converted ​ ​ 3 ​ ​ (1) ​ ​ (2) ​ ​ — Number of store locations as of September 30, 2020 ​ ​ 152 ​ ​ 10 ​ ​ 1 ​ ​ 163 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) These locations are temporarily closed in response to the COVID-19 pandemic.
Use of Estimates	Use of Estimates The preparation of these condensed consolidated 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, including those uncertainties arising from COVID-19, 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 condensed consolidated financial statements include certain assumptions related to accounts receivable, inventory, goodwill, intangible assets, long lived assets, long-lived asset impairments, program cancellation reserves, chargebacks, and accruals related to estimated tax liabilities, product return reserves, and other liabilities.
Contracts in Transit, Accounts Receivable and Current Expected Credit Losses	Contracts in Transit, Accounts Receivable and Current Expected Credit Losses 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. Due to increased demand, the Company saw a substantial increase in contracts in transit volume during the three months ended June 30, 2020. While the Company experienced significant funding backlogs with its lenders in the three months ended June 30, 2020, the lenders have since adjusted to the increase in contract volume and the total contracts in transit balance has reverted back to normal, seasonal levels as of September 30, 2020. The Company has not observed any material changes in collectability trends during the period on these contracts. Accounts receivable are stated at realizable value, net of an allowance for doubtful accounts, which includes a reserve for expected credit losses. Accounts receivable balances due in excess of one year was $8.7 million at September 30, 2020 and $8.6 million at December 31, 2019 which are included in other assets in the condensed consolidated balance sheets. The allowance for doubtful accounts is based on management’s assessment of the collectability of its customer accounts. The Company regularly reviews the composition of the accounts receivable aging, historical bad debts, changes in payment patterns, customer creditworthiness, current economic trends, and reasonable and supportable forecasts about the future. Relevant risk characteristics include customer size and historical loss patterns. Management has evaluated the expected credit losses related to contracts in transit and determined that no allowance for doubtful accounts was required at September 30, 2020. No allowance for doubtful accounts related to contracts in transit was required at December 31, 2019. Management additionally has evaluated the expected credit losses related to accounts receivable and determined that allowances of approximately $3.4 million as of September 30, 2020 and $3.5 million as of December 31, 2019 for uncollectible accounts were required. The following table details the changes in the allowance for doubtful accounts (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ 2020 2019 Allowance for doubtful accounts: ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 3,537 ​ $ 4,398 Charged to bad debt expense ​ ​ 550 ​ ​ 562 Deductions (1) ​ ​ (729) ​ ​ (545) Balance, end of period ​ $ 3,358 ​ $ 4,415 ​ (1) These amounts primarily relate to the write off of uncollectable accounts after collection efforts have been exhausted.
Recently Adopted and Issued Accounting Pronouncements and Recently Issued Accounting Pronouncements	​ Recently Adopted Accounting Pronouncements In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326) (“ASU 2016-13”). This standard requires the use of a forward-looking expected loss impairment model for trade and other receivables, held-to-maturity debt securities, loans and other instruments. This standard also requires impairments and recoveries for available-for-sale debt securities to be recorded through an allowance account and revises certain disclosure requirements. In April 2019, the FASB issued ASU 2019-04, Codification Improvements, which provides guidance on accounting for credit losses on accrued interest receivable balances and guidance on including recoveries when estimating the allowance. In May 2019, the FASB issued ASU 2019-05, Targeted Transition Relief, which allows entities with an option to elect fair value for certain instruments upon adoption of Topic 326. The standard is effective for public companies for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The Company adopted ASU 2016-13 on January 1, 2020 and the adoption did not materially impact its condensed consolidated financial statements. 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, and interim periods within those fiscal years, beginning after December 15, 2019. The Company adopted ASU 2018-15 on January 1, 2020 using the prospective transition approach and the adoption did not materially impact its condensed consolidated financial statements. In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848) (“ASU 2020-04”). This standard, effective for reporting periods through December 31, 2022, provides accounting relief for contract modifications that replace an interest rate impacted by reference rate reform (e.g., London Interbank Offered Rate (“LIBOR”)) with a new alternative reference rate. The guidance is applicable to investment securities, receivables, loans, debt, leases, derivatives and hedge accounting elections and other contractual arrangements. The Company adopted ASU 2020-04 as of January 1, 2020 and the adoption did not materially impact its condensed consolidated financial statements. Recently Issued Accounting Pronouncements In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (“ASU 2019-12”). This standard reduces complexity by removing specific exceptions to general principles related to intraperiod tax allocations, ownership changes in foreign investments, and interim period income tax accounting for year-to-date losses that exceed anticipated losses. This standard also simplifies accounting for franchise taxes that are partially based on income, transactions with a government that result in a step up in the tax basis of goodwill, separate financial statements of legal entities that are not subject to tax, and enacted changes in tax laws in interim periods. The standard is effective for public companies for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. The ASU permits either a retrospective basis or a modified retrospective transition approach. The Company does not expect that the adoption of the provisions of this ASU will have a material impact on its consolidated financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2020
Summary of Significant Accounting Policies
Schedule of store locations	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ RV ​ RV Service & ​ Other ​ ​ ​ ​ ​ Dealerships ​ Retail Centers ​ Retail Stores ​ Total Number of store locations as of September 30, 2019 ​ ​ 153 ​ ​ 13 ​ ​ 43 ​ ​ 209 Opened ​ ​ 2 ​ ​ — ​ ​ — ​ ​ 2 Closed / divested ​ ​ (3) ​ ​ (2) ​ ​ (40) ​ ​ (45) Temporarily closed (1) ​ ​ (3) ​ ​ — ​ ​ — ​ ​ (3) Converted ​ ​ 3 ​ ​ (1) ​ ​ (2) ​ ​ — Number of store locations as of September 30, 2020 ​ ​ 152 ​ ​ 10 ​ ​ 1 ​ ​ 163 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) These locations are temporarily closed in response to the COVID-19 pandemic.
Schedule of allowance for doubtful accounts	The following table details the changes in the allowance for doubtful accounts (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ 2020 2019 Allowance for doubtful accounts: ​ ​ ​ ​ ​ ​ Balance, beginning of period ​ $ 3,537 ​ $ 4,398 Charged to bad debt expense ​ ​ 550 ​ ​ 562 Deductions (1) ​ ​ (729) ​ ​ (545) Balance, end of period ​ $ 3,358 ​ $ 4,415 ​ (1) These amounts primarily relate to the write off of uncollectable accounts after collection efforts have been exhausted.

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2020
Revenue
Summary of total unsatisfied performance obligation for these revenue streams, that the Company expects to recognize the amounts as revenue	​ ​ ​ ​ ​ As of ​ September 30, 2020 2020 $ 40,929 2021 ​ ​ 63,294 2022 ​ ​ 25,334 2023 ​ ​ 13,252 2024 ​ ​ 6,573 Thereafter ​ ​ 7,196 Total ​ $ 156,578 ​ ​ ​ ​

Inventories, net and Notes Pa_2

Inventories, net and Notes Payable - Floor Plan, net (Tables)	9 Months Ended
	Sep. 30, 2020
Inventory
Schedule of inventories	Inventories consisted of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ December 31, ​ 2020 2019 Good Sam services and plans ​ $ — ​ $ 590 New RVs ​ ​ 557,070 ​ ​ 966,134 Used RVs ​ ​ 124,167 ​ ​ 165,927 Products, parts, accessories and other ​ ​ 246,485 ​ ​ 225,888 ​ ​ $ 927,722 ​ $ 1,358,539 ​
Floor Plan Facility
Inventory
Schedule of outstanding amounts and available borrowing	The following table details the outstanding amounts and available borrowings under the Floor Plan Facility as of September 30, 2020 and December 31, 2019 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ December 31, ​ 2020 2019 Floor Plan Facility ​ ​ ​ ​ ​ ​ Notes payable - floor plan: ​ ​ ​ ​ ​ ​ Total commitment ​ $ 1,379,750 ​ $ 1,379,750 Less: borrowings, net ​ ​ (430,514) ​ ​ (848,027) Less: flooring line aggregate interest reduction account ​ ​ (104,295) ​ ​ (87,016) Additional borrowing capacity ​ ​ 844,941 ​ ​ 444,707 Less: accounts payable for sold inventory ​ ​ (53,300) ​ ​ (27,892) Less: purchase commitments ​ ​ (60,174) ​ ​ (8,006) Unencumbered borrowing capacity ​ $ 731,467 ​ $ 408,809 ​ ​ ​ ​ ​ ​ ​ Revolving line of credit: ​ $ 51,000 ​ $ 60,000 Less: borrowings ​ ​ (20,885) ​ ​ (40,885) Additional borrowing capacity ​ $ 30,115 ​ $ 19,115 ​ ​ ​ ​ ​ ​ ​ Letters of credit: ​ ​ ​ ​ ​ ​ Total commitment ​ $ 15,000 ​ $ 15,000 Less: outstanding letters of credit ​ ​ (11,175) ​ ​ (11,175) Additional letters of credit capacity ​ $ 3,825 ​ $ 3,825 ​ ​ ​ ​ ​ ​ ​

Restructuring and Long-lived _2

Restructuring and Long-lived Asset Impairment (Tables)	9 Months Ended
	Sep. 30, 2020
Restructuring and Long-lived Asset Impairment
Schedule of expenses associated with the 2019 Strategic Shift	The following table details the costs incurred during the three and nine months ended September 30, 2020 associated with the 2019 Strategic Shift (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, 2020 September 30, 2019 September 30, 2020 September 30, 2019 Restructuring costs: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ One-time termination benefits (1) ​ $ — ​ $ 182 ​ $ 231 ​ $ 182 Lease termination costs (2) ​ ​ 706 ​ ​ — ​ ​ 1,951 ​ ​ — Incremental inventory reserve charges (3) ​ ​ — ​ ​ 27,306 ​ ​ 543 ​ ​ 27,306 Other associated costs (4) ​ ​ 3,689 ​ ​ 236 ​ ​ 13,788 ​ ​ 236 Total restructuring costs ​ $ 4,395 ​ $ 27,724 ​ $ 16,513 ​ $ 27,724 ​ (1) These costs incurred in 2020 were primarily included in costs applicable to revenues – products, service and other in the condensed consolidated statements of operations. These costs incurred in 2019 were primarily included in selling, general and administrative expenses in the condensed consolidated statements of operations. (2) These costs were included in lease termination charges in the condensed consolidated statements of operations. This reflects termination fees paid, net of any gain from derecognition of the related operating lease assets and liabilities. (3) These costs were included in costs applicable to revenue – products, service and other in the condensed consolidated statements of operations. (4) Other associated costs primarily represent labor, lease, and other operating expenses incurred during the post-close wind-down period for the locations related to the 2019 Strategic Shift. For the three and nine months ended September 30, 2020, costs of approximately $0.0 million and $0.4 million were included in costs applicable to revenue – products, service and other and $3.7 million and $13.4 million were included in selling, general, and administrative expenses, respectively, in the condensed consolidated statements of operations.
Schedule of changes in the restructuring accrual associated with the 2019 Strategic Shift	The following table details changes in the restructuring accrual associated with the 2019 Strategic Shift (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ One-time Lease Other ​ ​ Termination Termination Associated ​ ​ Benefits Costs (1) Costs Total Balance at June 30, 2019 ​ $ — ​ $ — ​ $ — ​ $ — Charged to expense ​ ​ 1,008 ​ ​ 1,350 ​ ​ 4,321 ​ ​ 6,679 Paid or otherwise settled ​ ​ (286) ​ ​ (1,350) ​ ​ (4,036) ​ ​ (5,672) Balance at December 31, 2019 ​ ​ 722 ​ ​ — ​ ​ 285 ​ ​ 1,007 Charged to expense ​ ​ 231 ​ ​ 6,932 ​ ​ 13,788 ​ ​ 20,951 Paid or otherwise settled ​ ​ (953) ​ ​ (6,932) ​ ​ (12,417) ​ ​ (20,302) Balance at September 30, 2020 ​ $ — ​ $ — ​ $ 1,656 ​ $ 1,656 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) Lease termination costs exclude the $1.3 million and the $5.0 million of gains from the derecognition of the operating lease assets and liabilities relating to the terminated leases as part of the 2019 Strategic Shift for the six months ended December 31, 2019 and for the nine months ended September 30, 2020, respectively.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2020
Goodwill and Intangible Assets
Changes in goodwill by business line	The following is a summary of changes in the Company’s goodwill by segment for the nine months ended September 30, 2020 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam ​ ​ ​ ​ ​ ​ ​ Services and ​ RV and ​ ​ ​ ​ Plans Outdoor Retail Consolidated Balance as of December 31, 2019 (excluding impairment charges) ​ $ 70,713 ​ $ 558,065 ​ $ 628,778 Accumulated impairment charges ​ ​ (46,884) ​ ​ (194,953) ​ ​ (241,837) Balance as of December 31, 2019 ​ ​ 23,829 ​ ​ 363,112 ​ ​ 386,941 Acquisitions (1) ​ ​ — ​ ​ 125 ​ ​ 125 Balance as of September 30, 2020 ​ $ 23,829 ​ $ 363,237 ​ $ 387,066 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) Represents measurement period adjustments relating to prior period acquisitions (see Note 11 — Acquisitions). ​
Finite-lived intangible assets and related accumulated amortization	Finite-lived intangible assets and related accumulated amortization consisted of the following at September 30, 2020 and December 31, 2019 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2020 ​ ​ Cost or ​ Accumulated ​ ​ ​ ​ Fair Value Amortization Net Good Sam Services and Plans: ​ ​ ​ ​ ​ ​ ​ ​ ​ Membership and customer lists ​ $ 9,140 ​ $ (8,491) ​ $ 649 RV and Outdoor Retail: ​ ​ ​ ​ ​ ​ ​ ​ ​ Customer lists and domain names ​ ​ 2,065 ​ ​ (1,838) ​ ​ 227 Trademarks and trade names ​ ​ 28,839 ​ ​ (6,188) ​ ​ 22,651 Websites ​ ​ 6,647 ​ ​ (2,433) ​ ​ 4,214 ​ ​ $ 46,691 ​ $ (18,950) ​ $ 27,741 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2019 ​ ​ Cost or ​ Accumulated ​ ​ ​ ​ Fair Value Amortization Net Good Sam Services and Plans: ​ ​ ​ ​ ​ ​ ​ ​ ​ Membership and customer lists ​ $ 9,140 ​ $ (7,972) ​ $ 1,168 RV and Outdoor Retail: ​ ​ ​ ​ ​ ​ ​ ​ ​ Customer lists and domain names ​ ​ 2,065 ​ ​ (1,768) ​ ​ 297 Trademarks and trade names ​ ​ 28,955 ​ ​ (4,862) ​ ​ 24,093 Websites ​ ​ 5,990 ​ ​ (1,841) ​ ​ 4,149 ​ ​ $ 46,150 ​ $ (16,443) ​ $ 29,707 ​ ​ ​ ​ ​ ​ ​ ​ ​

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2020
Long-Term Debt
Long-Term debt	Outstanding long-term debt consisted of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ December 31, ​ 2020 2019 Term Loan Facility (1) ​ $ 1,132,348 ​ $ 1,148,115 Finance Lease Liabilities (2) ​ ​ 27,910 ​ ​ — Real Estate Facility (3) ​ ​ 4,610 ​ ​ 19,521 Subtotal ​ ​ 1,164,868 ​ ​ 1,167,636 Less: current portion ​ ​ (14,355) ​ ​ (14,085) Total ​ $ 1,150,513 ​ $ 1,153,551 ​ ​ ​ ​ ​ ​ ​ (1) Net of $3.5 million and $4.3 million of original issue discount at September 30, 2020 and December 31, 2019, respectively, and $8.6 million and $10.7 million of finance costs at September 30, 2020 and December 31, 2019, respectively. (2) Consists of two real estate parcels with long-term leases and IT equipment contracts, which contain lease components that extend through the majority of the useful life of the asset. Certain IT equipment contracts also contain purchase options at the end of the term, which are likely to be exercised (see Note 7 – Lease Obligations). (3) Net of $14,000 and $0.2 million of finance costs at September 30, 2020 and December 31, 2019, respectively.
Schedule of outstanding amounts and available borrowings under the Senior Secured Credit Facilities	The following table details the outstanding amounts and available borrowings under the Senior Secured Credit Facilities as of (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ December 31, ​ 2020 2019 Senior Secured Credit Facilities: ​ ​ ​ ​ ​ ​ Term Loan Facility: ​ ​ ​ ​ ​ ​ Principal amount of borrowings ​ $ 1,195,000 ​ $ 1,195,000 Less: cumulative principal payments ​ ​ (50,511) ​ ​ (31,898) Less: unamortized original issue discount ​ ​ (3,516) ​ ​ (4,320) Less: finance costs ​ ​ (8,625) ​ ​ (10,667) ​ ​ ​ 1,132,348 ​ ​ 1,148,115 Less: current portion ​ ​ (11,991) ​ ​ (11,991) Long-term debt, net of current portion ​ $ 1,120,357 ​ $ 1,136,124 Revolving Credit Facility: ​ ​ ​ ​ ​ ​ Total commitment ​ $ 35,000 ​ $ 35,000 Less: outstanding letters of credit ​ ​ (5,560) ​ ​ (4,112) Less: availability reduction due to Total Leverage Ratio ​ ​ — ​ ​ (21,622) Additional borrowing capacity ​ $ 29,440 ​ $ 9,266 ​ ​ ​ ​ ​ ​ ​

Lease Obligations (Tables)

Lease Obligations (Tables)	9 Months Ended
	Sep. 30, 2020
Lease Obligations
Summary of lease cost	The following presents certain information related to the costs for leases ($ in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, ​ Nine Months Ended September 30, ​ 2020 2019 2020 2019 Operating lease cost $ 30,117 ​ $ 30,469 ​ $ 91,134 ​ $ 91,287 Finance lease cost: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortization of finance lease assets ​ 804 ​ ​ — ​ ​ 1,852 ​ ​ — Interest on finance lease liabilities ​ 422 ​ ​ — ​ ​ 829 ​ ​ — Short-term lease cost ​ 349 ​ ​ 851 ​ ​ 1,228 ​ ​ 2,437 Variable lease cost ​ 7,205 ​ ​ 550 ​ ​ 18,260 ​ ​ 1,652 Sublease income ​ (476) ​ ​ (480) ​ ​ (1,343) ​ ​ (996) Net lease costs $ 38,421 ​ $ 31,390 ​ $ 111,960 ​ $ 94,380 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule financial statement line items of lease assets and lease liabilities	​ The following presents components of lease assets and lease liabilities, and the associated financial statement line items ($ in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, December 31, Lease Assets and Liabilities ​ Financial Statement Line Items ​ 2020 ​ 2019 Operating lease assets ​ Operating lease assets ​ $ 781,615 ​ $ 807,537 Finance lease assets ​ Property and equipment, net ​ ​ 28,210 ​ ​ — Total lease assets, net ​ ​ ​ $ 809,825 ​ $ 807,537 ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating lease liabilities - current ​ Current portion of operating lease liabilities ​ $ 60,933 ​ $ 58,613 Finance lease liabilities - current ​ Current portion of long-term debt ​ ​ 2,035 ​ ​ — Operating lease liabilities - non-current ​ Operating lease liabilities, net of current portion ​ ​ 818,452 ​ ​ 843,312 Finance lease liabilities - non-current ​ Long-term debt, net of current portion ​ ​ 25,877 ​ ​ — Total lease liabilities ​ ​ ​ $ 907,297 ​ $ 901,925 ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of cash flow supplemental information	The following presents supplemental cash flow information related to leases ($ in thousands): ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, ​ 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: ​ ​ ​ ​ ​ Operating cash flows for operating leases $ 91,459 ​ $ 90,835 Operating cash flows for finance leases ​ 666 ​ ​ — Financing cash flows for finance leases ​ 2,030 ​ ​ — Lease assets obtained in exchange for lease liabilities: ​ ​ ​ ​ ​ New, remeasured, and terminated operating leases $ 21,730 ​ $ 86,349 New finance leases ​ 29,522 ​ ​ —

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2020
Fair Value Measurements
Summary of aggregate carrying value and fair value of fixed rate debt	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value ​ September 30, 2020 ​ December 31, 2019 ($ in thousands) Measurement Carrying Value Fair Value Carrying Value Fair Value Term Loan Facility ​ Level 2 ​ $ 1,132,348 ​ $ 1,113,016 ​ $ 1,148,115 ​ $ 1,104,947 Floor Plan Facility Revolving Line of Credit ​ Level 2 ​ ​ 20,885 ​ ​ 20,869 ​ ​ 40,885 ​ ​ 41,299 Real Estate Facility ​ Level 2 ​ ​ 4,610 ​ ​ 4,610 ​ ​ 19,521 ​ ​ 21,030

Statement of Cash Flows (Tables

Statement of Cash Flows (Tables)	9 Months Ended
	Sep. 30, 2020
Statement of Cash Flows
Supplemental disclosures of cash flow information	Supplemental disclosures of cash flow information for the following periods (in thousands) were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ 2020 2019 Cash paid during the period for: ​ ​ ​ ​ ​ ​ Interest ​ $ 58,632 ​ $ 81,647 Income taxes ​ ​ 25,244 ​ ​ 6,046 Non-cash investing activities: ​ ​ ​ ​ ​ ​ Leasehold improvements paid by lessor ​ ​ 74 ​ ​ 20,121 Vehicles transferred to property and equipment from inventory ​ ​ (70) ​ ​ 575 Capital expenditures in accounts payable and accrued liabilities ​ ​ 1,554 ​ ​ 4,530 Non-cash financing activities: ​ ​ ​ ​ ​ ​ Par value of Class A common stock issued in exchange for common units in CWGS, LLC ​ ​ 48 ​ ​ — Par value of Class A common stock issued for vested restricted stock units ​ ​ 3 ​ ​ 2

Acquisitions (Tables)

Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2020
Assets Or Stock Of Multiple Dealership Locations Acquired [Member]
Acquisitions
Summary of the purchase price allocations	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, ($ in thousands) 2020 2019 Tangible assets (liabilities) acquired (assumed): ​ ​ ​ ​ ​ ​ Inventories, net ​ $ (125) ​ $ 19,871 Prepaid expenses and other assets ​ ​ — ​ ​ 95 Property and equipment, net ​ ​ — ​ ​ 360 Accounts payable ​ ​ — ​ ​ (2) Accrued liabilities ​ ​ — ​ ​ (113) Total tangible net assets acquired ​ ​ (125) ​ ​ 20,211 Goodwill ​ ​ 125 ​ ​ 28,198 Purchase price ​ ​ — ​ ​ 48,409 Cash paid for acquisitions, net of cash acquired ​ ​ — ​ ​ 48,409 Inventory purchases financed via floor plan ​ ​ — ​ ​ (13,854) Cash payment net of floor plan financing ​ $ — ​ $ 34,555 ​ ​ ​ ​ ​ ​ ​

Non-Controlling Interests (Tabl

Non-Controlling Interests (Tables)	9 Months Ended
	Sep. 30, 2020
Non-Controlling Interests
Schedule of effects of change in ownership	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ($ in thousands) 2020 2019 2020 2019 Net income (loss) attributable to Camping World Holdings, Inc. ​ $ 58,050 ​ $ (30,692) ​ $ 107,967 ​ $ (32,070) Transfers to non-controlling interests: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ ​ (1,767) ​ ​ — ​ ​ (1,872) ​ ​ — Increase in additional paid-in capital as a result of the vesting of restricted stock units ​ ​ 481 ​ ​ 300 ​ ​ 553 ​ ​ 443 Decrease in additional paid-in capital as a result of repurchases of Class A common stock for withholding taxes on vested RSUs ​ ​ (958) ​ ​ (547) ​ ​ (1,517) ​ ​ (820) Increase in additional paid-in capital as a result of the redemption of common units of CWGS, LLC ​ ​ 21,801 ​ ​ — ​ ​ 21,863 ​ ​ 12 Change from net income (loss) attributable to Camping World Holdings, Inc. and transfers to non-controlling interests ​ $ 77,607 ​ $ (30,939) ​ $ 126,994 ​ $ (32,435)

Equity-based Compensation Pla_2

Equity-based Compensation Plans (Tables)	9 Months Ended
	Sep. 30, 2020
Equity-based Compensation Plans
Schedule of equity-based compensation expense classified with the consolidated statements of operations	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ September 30, ​ September 30, ($ in thousands) 2020 2019 2020 2019 Equity-based compensation expense: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Costs applicable to revenue ​ $ 292 ​ $ 231 ​ $ 639 ​ $ 646 Selling, general, and administrative ​ ​ 5,909 ​ ​ 2,703 ​ ​ 13,056 ​ ​ 8,867 Total equity-based compensation expense ​ $ 6,201 ​ $ 2,934 ​ $ 13,695 ​ $ 9,513
Summary of stock option activity	​ ​ ​ ​ ​ ​ ​ Stock Options ​ (in thousands) Outstanding at December 31, 2019 ​ ​ 745 Exercised ​ ​ (153) Forfeited ​ ​ (55) Outstanding at September 30, 2020 ​ ​ 537 Options exercisable at September 30, 2020 ​ ​ 354
Summary of restricted stock unit activity	​ ​ ​ ​ ​ ​ ​ Restricted ​ ​ Stock Units ​ (in thousands) Outstanding at December 31, 2019 ​ ​ 1,806 Granted ​ ​ 2,516 Vested ​ ​ (315) Forfeited ​ ​ (205) Outstanding at September 30, 2020 ​ ​ 3,802

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2020
Earnings Per Share
Schedule of reconciliations of the numerators and denominators used to compute basic and diluted earnings	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (In thousands except per share amounts) ​ 2020 2019 2020 2019 Numerator: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) ​ $ 154,784 ​ $ (65,263) ​ $ 303,877 ​ $ (39,447) Less: net (income) loss attributable to non-controlling interests ​ ​ (96,734) ​ ​ 34,571 ​ ​ (195,910) ​ ​ 7,377 Net income (loss) attributable to Camping World Holdings, Inc. — ​ $ 58,050 ​ $ (30,692) ​ ​ 107,967 ​ ​ (32,070) Add: reallocation of net income attributable to non-controlling interests from the assumed dilutive effect of stock options and RSUs ​ ​ 794 ​ ​ — ​ ​ — ​ ​ — 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 ​ ​ — ​ ​ — ​ ​ 140,811 ​ ​ — Net income (loss) attributable to Camping World Holdings, Inc. — ​ $ 58,844 ​ $ (30,692) ​ $ 248,778 ​ $ (32,070) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (In thousands except per share amounts) ​ 2020 2019 2020 2019 Denominator: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted-average shares of Class A common stock outstanding — basic and diluted ​ ​ 39,880 ​ ​ 37,361 ​ ​ 38,356 ​ ​ 37,266 Dilutive options to purchase Class A common stock ​ ​ 191 ​ ​ — ​ ​ 64 ​ ​ — Dilutive restricted stock units ​ ​ 801 ​ ​ — ​ ​ 508 ​ ​ — Dilutive common units of CWGS, LLC that are convertible into Class A common stock ​ ​ — ​ ​ — ​ ​ 50,954 ​ ​ — Weighted-average shares of Class A common stock outstanding — diluted ​ ​ 40,872 ​ ​ 37,361 ​ ​ 89,882 ​ ​ 37,266 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings (loss) per share of Class A common stock — basic ​ $ 1.46 ​ $ (0.82) ​ $ 2.81 ​ $ (0.86) Earnings (loss) per share of Class A common stock — diluted ​ $ 1.44 ​ $ (0.82) ​ $ 2.77 ​ $ (0.86) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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 ​ ​ — ​ ​ 767 ​ ​ 483 ​ ​ 809 Restricted stock units ​ ​ 1,761 ​ ​ 1,266 ​ ​ 1,028 ​ ​ 1,373 Common units of CWGS, LLC that are convertible into Class A common stock ​ ​ 49,609 ​ ​ 51,669 ​ ​ — ​ ​ 51,671

Segments Information (Tables)

Segments Information (Tables)	9 Months Ended
	Sep. 30, 2020
Segment Information
Reportable segment revenue	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2020 ​ Three Months Ended September 30, 2019 ​ ​ Good Sam ​ RV and ​ ​ ​ ​ ​ ​ Good Sam ​ RV and ​ ​ ​ ​ ​ ​ ​ Services ​ Outdoor ​ Intersegment ​ ​ ​ ​ Services and ​ Outdoor ​ Intersegment ​ ​ ​ ($ in thousands) and Plans Retail Eliminations Total Plans Retail Eliminations Total Revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam services and plans ​ $ 46,013 ​ $ — ​ $ (72) ​ $ 45,941 ​ $ 42,461 ​ $ — ​ $ (226) ​ $ 42,235 New vehicles ​ ​ — ​ ​ 909,401 ​ ​ (1,813) ​ ​ 907,588 ​ ​ — ​ ​ 682,131 ​ ​ (1,415) ​ ​ 680,716 Used vehicles ​ ​ — ​ ​ 299,360 ​ ​ (709) ​ ​ 298,651 ​ ​ — ​ ​ 247,707 ​ ​ (556) ​ ​ 247,151 Products, service and other ​ ​ — ​ ​ 277,022 ​ ​ (400) ​ ​ 276,622 ​ ​ — ​ ​ 296,906 ​ ​ (6,135) ​ ​ 290,771 Finance and insurance, net ​ ​ — ​ ​ 142,091 ​ ​ (3,312) ​ ​ 138,779 ​ ​ — ​ ​ 117,158 ​ ​ (2,692) ​ ​ 114,466 Good Sam Club ​ ​ — ​ ​ 11,172 ​ ​ — ​ ​ 11,172 ​ ​ — ​ ​ 12,633 ​ ​ — ​ ​ 12,633 Total consolidated revenue ​ $ 46,013 ​ $ 1,639,046 ​ $ (6,306) ​ $ 1,678,753 ​ $ 42,461 ​ $ 1,356,535 ​ $ (11,024) ​ $ 1,387,972 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2020 ​ Nine Months Ended September 30, 2019 ​ ​ Good Sam ​ RV and ​ ​ ​ ​ ​ ​ Good Sam ​ RV and ​ ​ ​ ​ ​ ​ ​ Services ​ Outdoor ​ Intersegment ​ ​ ​ ​ Services and ​ Outdoor ​ Intersegment ​ ​ ​ ($ in thousands) and Plans Retail Eliminations Total Plans Retail Eliminations Total Revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam services and plans ​ $ 139,397 ​ $ — ​ $ (1,729) ​ $ 137,668 ​ $ 135,750 ​ $ — ​ $ (1,855) ​ $ 133,895 New vehicles ​ ​ — ​ ​ 2,308,042 ​ ​ (4,962) ​ ​ 2,303,080 ​ ​ — ​ ​ 1,993,576 ​ ​ (4,413) ​ ​ 1,989,163 Used vehicles ​ ​ — ​ ​ 782,292 ​ ​ (2,066) ​ ​ 780,226 ​ ​ — ​ ​ 674,843 ​ ​ (1,935) ​ ​ 672,908 Products, service and other ​ ​ — ​ ​ 681,546 ​ ​ (1,129) ​ ​ 680,417 ​ ​ — ​ ​ 778,575 ​ ​ (18,502) ​ ​ 760,073 Finance and insurance, net ​ ​ — ​ ​ 386,733 ​ ​ (8,180) ​ ​ 378,553 ​ ​ — ​ ​ 342,936 ​ ​ (8,354) ​ ​ 334,582 Good Sam Club ​ ​ — ​ ​ 32,827 ​ ​ — ​ ​ 32,827 ​ ​ — ​ ​ 36,467 ​ ​ — ​ ​ 36,467 Total consolidated revenue ​ $ 139,397 ​ $ 4,191,440 ​ $ (18,066) ​ $ 4,312,771 ​ $ 135,750 ​ $ 3,826,397 ​ $ (35,059) ​ $ 3,927,088
Reportable segment income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ September 30, ​ September 30, ​ September 30, ​ September 30, ($ in thousands) 2020 2019 2020 2019 Segment income: (1) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam Services and Plans $ 22,390 ​ $ 18,247 ​ $ 68,321 ​ $ 61,869 RV and Outdoor Retail ​ 182,275 ​ ​ (42,800) ​ ​ 370,786 ​ ​ 32,512 Total segment income ​ 204,665 ​ ​ (24,553) ​ ​ 439,107 ​ ​ 94,381 Corporate & other ​ (2,283) ​ ​ (2,655) ​ ​ (7,177) ​ ​ (9,742) Depreciation and amortization ​ (12,304) ​ ​ (14,104) ​ ​ (38,949) ​ ​ (41,644) Other interest expense, net ​ (12,896) ​ ​ (17,568) ​ ​ (42,101) ​ ​ (53,422) Tax Receivable Agreement liability adjustment ​ — ​ ​ — ​ ​ — ​ ​ 8,477 Income before income taxes $ 177,182 ​ $ (58,880) ​ $ 350,880 ​ $ (1,950) ​ (1) Segment income is defined as income from operations before depreciation and amortization plus floor plan interest expense.
Reportable depreciation and amortization and other interest expense, net	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ September 30, ​ September 30, ($ in thousands) 2020 2019 2020 2019 Depreciation and amortization: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam Services and Plans ​ $ 868 ​ $ 810 ​ $ 2,392 ​ ​ 2,498 RV and Outdoor Retail ​ ​ 11,436 ​ ​ 13,294 ​ ​ 36,557 ​ ​ 39,146 Total depreciation and amortization ​ $ 12,304 ​ $ 14,104 ​ $ 38,949 ​ $ 41,644 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, ​ September 30, ​ September 30, ($ in thousands) 2020 2019 2020 2019 Other interest expense, net: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam Services and Plans ​ $ 2 ​ $ — ​ $ 2 ​ $ (1) RV and Outdoor Retail ​ ​ 2,145 ​ ​ 2,450 ​ ​ 6,119 ​ ​ 6,863 Subtotal ​ ​ 2,147 ​ ​ 2,450 ​ ​ 6,121 ​ ​ 6,862 Corporate & other ​ ​ 10,749 ​ ​ 15,118 ​ ​ 35,980 ​ ​ 46,560 Total other interest expense, net ​ $ 12,896 ​ $ 17,568 ​ $ 42,101 ​ $ 53,422 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Reportable segment assets	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ December 31, ($ in thousands) 2020 2019 Assets: ​ ​ ​ ​ ​ ​ Good Sam Services and Plans ​ $ 152,312 ​ $ 138,360 RV and Outdoor Retail ​ ​ 2,913,045 ​ ​ 3,047,652 Subtotal ​ ​ 3,065,357 ​ ​ 3,186,012 Corporate & other ​ ​ 241,483 ​ ​ 190,228 Total assets ​ $ 3,306,840 ​ $ 3,376,240 ​ ​ ​ ​ ​ ​ ​

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Description of Business (Details) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2020USD ($)location	Sep. 30, 2019USD ($)location	Sep. 30, 2020USD ($)locationsegment	Sep. 30, 2019USD ($)location	Sep. 30, 2020location	Dec. 31, 2019USD ($)location	May 31, 2020USD ($)
Segments Information
Number of reportable segments | segment			2
Number of stores	163	209	163	209	163
Number of stores, beginning of period					209
Number of locations opened					2
Closed/divested					(45)
Temporarily closed					(3)
Number of stores, end of period	163	209	163	209	163
Liquidation of inventory | $		$ 27,724		$ 27,724
Lease payment deferrals | $							$ 14,000
RV Dealerships
Segments Information
Number of stores	152	153	152	153	152
Number of stores, beginning of period					153
Number of locations opened					2
Closed/divested					(3)
Temporarily closed					(3)
Number of locations converted					3
Number of stores, end of period	152	153	152	153	152
RV Service And Retail Centers
Segments Information
Number of stores	10	13	10	13	10
Number of stores, beginning of period					13
Closed/divested					(2)
Number of locations converted					(1)
Number of stores, end of period	10	13	10	13	10
Other Retail Stores
Segments Information
Number of stores	1	43	1	43	1
Number of stores, beginning of period					43
Closed/divested					(40)
Number of locations converted					(2)
Number of stores, end of period	1	43	1	43	1
CWH | CWGS, LLC
Segments Information
Ownership interest			47.70%			42.00%
2019 Strategic Shift
Segments Information
Liquidation of inventory | $	$ 4,395		$ 16,513
2019 Strategic Shift | Non RV Retail Stores
Segments Information
Closed/divested						34
2019 Strategic Shift | Incremental inventory reserve charges | Non RV Retail Stores
Segments Information
Liquidation of inventory | $						$ 108,000

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Contracts in Transit, Accounts Receivable and Current Expected Credit Losses (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
"Shipping, Handling and Transportation Costs [Abstract]"
Number of days for retail installment sales contracts funded after the initial approval of the retail installment sales contract by third party lender	10 days
Accounts receivable due in excess of one year	$ 8,700		$ 8,600
Allowance for doubtful accounts - contracts in transit	0		$ 0
Allowance for doubtful accounts
Balance, beginning of period	3,537	$ 4,398
Charged to bad debt expense	550	562
Deductions	(729)	(545)
Balance, end of period	$ 3,358	$ 4,415

Revenue - Contract Assets (Deta

Revenue - Contract Assets (Details) - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Accounts Receivable | RV Service
Revenue
Contract asset	$ 7.2	$ 6.1

Revenue - Performance Obligatio

Revenue - Performance Obligation (Details) $ in Thousands	Sep. 30, 2020USD ($)
Performance obligation
Revenue expected to be recognized	$ 156,578
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-10-01
Performance obligation
Revenue expected to be recognized	$ 40,929
Unsatisfied performance obligation, period	3 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01
Performance obligation
Revenue expected to be recognized	$ 63,294
Unsatisfied performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01
Performance obligation
Revenue expected to be recognized	$ 25,334
Unsatisfied performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Performance obligation
Revenue expected to be recognized	$ 13,252
Unsatisfied performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Performance obligation
Revenue expected to be recognized	$ 6,573
Unsatisfied performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Performance obligation
Revenue expected to be recognized	$ 7,196
Unsatisfied performance obligation, period

Inventories, net and Notes Pa_3

Inventories, net and Notes Payable - Floor Plan, net - Inventories (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Inventories
Inventories	$ 927,722	$ 1,358,539
Good Sam Club services and plans
Inventories
Inventories		590
New RV vehicles
Inventories
Inventories	557,070	966,134
Used RV vehicles
Inventories
Inventories	124,167	165,927
Products, service and other
Inventories
Inventories	$ 246,485	$ 225,888

Inventories, net and Notes Pa_4

Inventories, net and Notes Payable - Floor Plan, net - Floor Plan Payable (Details) $ in Thousands	Jun. 29, 2020USD ($)	May 12, 2020	Oct. 08, 2019	Sep. 30, 2020USD ($)	Dec. 31, 2019USD ($)	Sep. 01, 2020	May 11, 2020
Floor Plan Facility
Floor Plan Payable
Period for temporary reduction in consolidated current ratio		4 months
Number of days into 2021 the notice can be given		7 days
Maximum borrowing capacity				$ 1,379,750	$ 1,379,750
Quarterly reduction in maximum borrowing capacity				3,000
FLAIR offset account amount				104,300	87,000
FLAIR Maximum Percentage		30.00%				20.00%	20.00%
Voluntary principal payment	$ 20,000
Floor Plan Facility | London Interbank Offered Rate (LIBOR) | Minimum
Floor Plan Payable
Variable rate spread (as a percent)		2.05%
Floor Plan Facility | London Interbank Offered Rate (LIBOR) | Maximum
Floor Plan Payable
Variable rate spread (as a percent)		3.00%
Floor Plan Facility | Base Rate | Minimum
Floor Plan Payable
Variable rate spread (as a percent)		0.55%
Floor Plan Facility | Base Rate | Maximum
Floor Plan Payable
Variable rate spread (as a percent)		1.50%
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				$ 51,000	$ 60,000
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)				2.05%	2.15%
Variable rate basis (as a percent)				0.16	1.71
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%

Inventories, net and Notes Pa_5

Inventories, net and Notes Payable - Floor Plan, net - Floor Plan Outstanding (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Floor Plan Payable
Less: borrowings, net	$ (20,885)	$ (40,885)
Floor Plan Facility
Floor Plan Payable
Total commitment	1,379,750	1,379,750
Less: borrowings, net	(430,514)	(848,027)
Less: flooring line aggregate interest reduction account	104,295	87,016
Additional borrowing capacity	844,941	444,707
Less: accounts payable for sold inventory	(53,300)	(27,892)
Less: purchase commitments	60,174	8,006
Unencumbered borrowing capacity	731,467	408,809
Line of Credit | Floor Plan Facility
Floor Plan Payable
Total commitment	51,000	60,000
Less: borrowings, net	(20,885)	(40,885)
Additional borrowing capacity	30,115	19,115
Letters of credit | Floor Plan Facility
Floor Plan Payable
Total commitment	15,000	15,000
Less: outstanding letters of credit	(11,175)	(11,175)
Additional letters of credit capacity	$ 3,825	$ 3,825

Restructuring and Long-lived _3

Restructuring and Long-lived Asset Impairment (Details) $ in Thousands	3 Months Ended			6 Months Ended	9 Months Ended		12 Months Ended	13 Months Ended
	Sep. 30, 2020USD ($)location	Dec. 31, 2019USD ($)	Sep. 30, 2019USD ($)location	Dec. 31, 2019USD ($)	Sep. 30, 2020USD ($)location	Sep. 30, 2019USD ($)location	Sep. 30, 2020USD ($)location	Sep. 30, 2020USD ($)location	Jun. 30, 2020location	Mar. 31, 2020location	Sep. 03, 2019USD ($)
2019 Strategic Shift
Closed/divested | location							45
Temporarily closed | location							3
Number of stores | location	163		209		163	209	163	163
Restructuring Costs
Charged to expense			$ 27,724			$ 27,724
Long-lived Asset Impairment
Number of locations with impaired long-lived assets | location	7				7		7	7		10
Long-lived asset impairment	$ 4,378		50,025		$ 10,947	50,025
Leasehold improvements
Long-lived Asset Impairment
Long-lived asset impairment					2,400
Furniture and equipment
Long-lived Asset Impairment
Long-lived asset impairment					2,600
Operating lease right-of-use assets
Long-lived Asset Impairment
Long-lived asset impairment					4,700
Building [Member]
Long-lived Asset Impairment
Long-lived asset impairment					1,200
Other associated costs
Restructuring Costs
Charged to expense			236			236
Selling, general, and administrative | One-time termination benefits
Restructuring Costs
Charged to expense			182			182
Costs applicable to revenue | Incremental inventory reserve charges
Restructuring Costs
Charged to expense			$ 27,306			$ 27,306
2019 Strategic Shift
2019 Strategic Shift
Number of distribution centers closed | location								3
Number of distribution centers reopened and repurposed | location									1
Restructuring Costs
Charged to expense	4,395				16,513
Gain from derecognition of the operating lease assets and liabilities relating to the terminated leases				$ 1,300	5,000
Long-lived Asset Impairment
Long-lived asset impairment					10,800
2019 Strategic Shift | Operating lease right-of-use assets
Long-lived Asset Impairment
Long-lived asset impairment	3,200
2019 Strategic Shift | Building [Member]
Long-lived Asset Impairment
Long-lived asset impairment	1,200
2019 Strategic Shift | Minimum
2019 Strategic Shift
Expected incurred costs	87,600				87,600		$ 87,600	$ 87,600
Additional costs to be incurred	8,900				8,900		8,900	8,900
2019 Strategic Shift | Maximum
2019 Strategic Shift
Expected incurred costs	110,600				110,600		110,600	110,600
Additional costs to be incurred	16,900				16,900		16,900	16,900
2019 Strategic Shift | One-time termination benefits
Restructuring Costs
Beginning balance					722
Charged to expense		$ 1,008			231
Paid or otherwise settled		(286)			(953)
Ending balance		722		722
2019 Strategic Shift | One-time termination benefits | Minimum
2019 Strategic Shift
Expected incurred costs											$ 1,200
2019 Strategic Shift | Contract termination
Restructuring Costs
Charged to expense		1,350			6,932
Paid or otherwise settled		(1,350)			(6,932)
2019 Strategic Shift | Lease Termination Costs
Restructuring Costs
Charged to expense	706				1,951			8,300
2019 Strategic Shift | Lease Termination Costs | Minimum
2019 Strategic Shift
Expected incurred costs											17,000
2019 Strategic Shift | Lease Termination Costs | Maximum
2019 Strategic Shift
Expected incurred costs											32,000
2019 Strategic Shift | Incremental inventory reserve charges
2019 Strategic Shift
Expected incurred costs											42,400
2019 Strategic Shift | Other associated costs
2019 Strategic Shift
Incurred costs	18,100				18,100		18,100	18,100
Restructuring Costs
Beginning balance					285
Charged to expense	3,689	4,321			13,788			18,100
Paid or otherwise settled		(4,036)			(12,417)
Ending balance	1,656	285		285	1,656		1,656	1,656
2019 Strategic Shift | Other associated costs | Minimum
2019 Strategic Shift
Expected incurred costs											27,000
2019 Strategic Shift | Other associated costs | Maximum
2019 Strategic Shift
Expected incurred costs											$ 35,000
2019 Strategic Shift | Restructuring costs excluding incremental inventory reserve charges
Restructuring Costs
Beginning balance					1,007
Charged to expense		6,679			20,951
Paid or otherwise settled		(5,672)			(20,302)
Ending balance	1,656	$ 1,007		$ 1,007	1,656		$ 1,656	$ 1,656
2019 Strategic Shift | Selling, general, and administrative | One-time termination benefits
Restructuring Costs
Charged to expense					231
2019 Strategic Shift | Selling, general, and administrative | Other associated costs
Restructuring Costs
Charged to expense	3,700				13,400
2019 Strategic Shift | Costs applicable to revenue | Incremental inventory reserve charges
Restructuring Costs
Charged to expense					543
2019 Strategic Shift | Costs applicable to revenue | Other associated costs
Restructuring Costs
Charged to expense	$ 0				$ 400
2019 Strategic Shift | Outdoor Lifestyle Locations
2019 Strategic Shift
Closed/divested | location								39
2019 Strategic Shift | Specialty Retail locations
2019 Strategic Shift
Closed/divested | location								20

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Change in Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Mar. 31, 2020	Sep. 30, 2020	Dec. 31, 2019
Goodwill
Balance (excluding impairment charges)			$ 628,778
Accumulated impairment charges			(241,837)
Balance	$ 386,941	$ 386,941
Acquisitions		125
Impairment charge	0
Balance		387,066
Good Sam Services and Plans
Goodwill
Balance (excluding impairment charges)			70,713
Accumulated impairment charges			(46,884)
Balance	23,829	23,829
Balance		23,829
RV and Outdoor Retail
Goodwill
Balance (excluding impairment charges)			558,065
Accumulated impairment charges			$ (194,953)
Balance	$ 363,112	363,112
Acquisitions		125
Balance		$ 363,237

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Finite-lived Intangible Assets and Related Accumulated Amortization (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Intangible Assets
Cost or Fair Value	$ 46,691	$ 46,150
Accumulated Amortization	(18,950)	(16,443)
Net	27,741	29,707
Good Sam Club services and plans | Membership and customer lists
Intangible Assets
Cost or Fair Value	9,140	9,140
Accumulated Amortization	(8,491)	(7,972)
Net	649	1,168
RV and Outdoor Retail | Customer lists and domain names
Intangible Assets
Cost or Fair Value	2,065	2,065
Accumulated Amortization	(1,838)	(1,768)
Net	227	297
RV and Outdoor Retail | Trademarks and trade names
Intangible Assets
Cost or Fair Value	28,839	28,955
Accumulated Amortization	(6,188)	(4,862)
Net	22,651	24,093
RV and Outdoor Retail | Websites
Intangible Assets
Cost or Fair Value	6,647	5,990
Accumulated Amortization	(2,433)	(1,841)
Net	$ 4,214	$ 4,149

Long-Term Debt - Outstanding lo

Long-Term Debt - Outstanding long term debt (Details) $ in Thousands	Sep. 30, 2020USD ($)item	Dec. 31, 2019USD ($)
Long-Term Debt
Finance Lease Liabilities	$ 27,910
Subtotal	1,164,868	$ 1,167,636
Less: current portion	(14,355)	(14,085)
Total	$ 1,150,513	1,153,551
Number of real estate parcels under finance leases | item	2
Term Loan Facility
Long-Term Debt
Amount outstanding	$ 1,132,348	1,148,115
Unamortized discount	3,500	4,300
Finance costs	8,600	10,700
Real Estate Facility
Long-Term Debt
Amount outstanding	4,610	19,521
Finance costs	$ 14	$ 200

Long-Term Debt - Senior Secured

Long-Term Debt - Senior Secured Credit Facilities (Details) $ in Thousands	6 Months Ended	9 Months Ended	12 Months Ended
	Jun. 30, 2020USD ($)	Sep. 30, 2020USD ($)item	Dec. 31, 2019USD ($)
Finance lease liabilities
Number of real estate parcels under finance leases | item		2
Term Loan Facility
Long-Term Debt
Maximum borrowing capacity		$ 1,190,000	$ 1,190,000
Unamortized discount		3,500	4,300
Secured Debt | Term Loan Facility
Long-Term Debt
Unamortized discount		$ 3,516	$ 4,320
Secured Debt | Line of Credit | Term Loan Facility
Long-Term Debt
Debt Instrument, Prepayment Requirement, Percentage of Excess Cash Flow		50.00%
Principal payment frequency		quarterly	quarterly
Quarterly amortization payment		$ 3,000	$ 3,000
Voluntary principal payment	$ 9,600
Secured Debt | Revolving loans | New Senior Secured Credit Facility Revolving Credit Facility
Long-Term Debt
Maximum borrowing capacity		35,000	35,000
Secured Debt | Letters of credit | New Senior Secured Credit Facility Revolving Credit Facility
Long-Term Debt
Debt Instrument, Maximum Amount Allocated to Letters of Credit		$ 15,000	$ 15,000

Long-Term Debt - Real Estate Fa

Long-Term Debt - Real Estate Facility (Details) - USD ($) $ in Thousands	1 Months Ended		6 Months Ended	9 Months Ended
	Sep. 30, 2020	Aug. 31, 2020	Jun. 30, 2020	Sep. 30, 2020	Dec. 31, 2019
Real Estate Facility
Debt Instrument [Line Items]
Amount outstanding	$ 4,610			$ 4,610	$ 19,521
New Senior Secured Credit Facility | Secured Debt
Debt Instrument [Line Items]
Additional borrowing capacity	29,440			29,440	9,266
Term Loan Facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 1,190,000			$ 1,190,000	1,190,000
Interest rate (as a percent)	3.50%			3.50%
Amount outstanding	$ 1,132,348			$ 1,132,348	1,148,115
Term Loan Facility | Secured Debt
Debt Instrument [Line Items]
Amount outstanding	1,132,348			1,132,348	1,148,115
Maximum borrowing capacity	1,195,000			1,195,000	1,195,000
Line of Credit | Real Estate Facility | Secured Debt
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 21,500			$ 21,500	$ 21,500
Interest rate (as a percent)	3.08%			3.08%
Commitment fee (as a percent)				0.50%
Additional borrowing capacity	$ 0			$ 0
Amount outstanding	4,600			$ 4,600
Payment of debt	$ 3,400	$ 10,300
Line of Credit | Term Loan Facility | Secured Debt
Debt Instrument [Line Items]
Payment of debt			$ 9,600

Long-Term Debt - Outstanding am

Long-Term Debt - Outstanding amounts and available borrowings under Senior Secured Credit Facilities (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Less: current portion	$ (14,355)	$ (14,085)
Long-term debt, net of current portion	1,150,513	1,153,551
Term Loan Facility
Debt Instrument [Line Items]
Less: unamortized original issue discount	(3,500)	(4,300)
Less: finance costs	(8,600)	(10,700)
Total commitment	1,132,348	1,148,115
Secured Debt | New Senior Secured Credit Facility
Debt Instrument [Line Items]
Additional borrowing capacity	29,440	9,266
Secured Debt | Term Loan Facility
Debt Instrument [Line Items]
Maximum borrowing capacity	1,195,000	1,195,000
Less: cumulative principal payments	(50,511)	(31,898)
Less: unamortized original issue discount	(3,516)	(4,320)
Less: finance costs	(8,625)	(10,667)
Total commitment	1,132,348	1,148,115
Less: current portion	(11,991)	(11,991)
Long-term debt, net of current portion	1,120,357	1,136,124
Secured Debt | New Senior Secured Credit Facility Revolving Credit Facility
Debt Instrument [Line Items]
Total commitment	35,000	35,000
Less: outstanding letters of credit	$ (5,560)	(4,112)
Less: availability reduction due to Total Leverage Ratio		$ (21,622)

Long-Term Debt - General Inform

Long-Term Debt - General Information (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Term Loan Facility
Long-Term Debt
Maximum borrowing capacity	$ 1,190,000	$ 1,190,000
Interest rate (as a percent)	3.50%
Amount outstanding	$ 1,132,348	1,148,115
Secured Debt | New Senior Secured Credit Facility
Long-Term Debt
Additional borrowing capacity	29,440	9,266
Secured Debt | Term Loan Facility
Long-Term Debt
Amount outstanding	1,132,348	1,148,115
Secured Debt | New Senior Secured Credit Facility Revolving Credit Facility
Long-Term Debt
Amount outstanding	$ 35,000	$ 35,000
Secured Debt | Line of Credit | Term Loan Facility
Long-Term Debt
Principal payment frequency	quarterly	quarterly
Quarterly amortization payment	$ 3,000	$ 3,000
Prepayment requirement as a percentage of excess cash flow (as a percent)	50.00%
Secured Debt | Line of Credit | New Senior Secured Credit Facility Revolving Credit Facility
Long-Term Debt
Amount subtracted from aggregate borrowings in determining compliance with the total leverage ratio	$ 5,000
The minimum percentage of the aggregate amount of the revolving lenders revolving commitments	30.00%
Secured Debt | Revolving loans | New Senior Secured Credit Facility Revolving Credit Facility
Long-Term Debt
Maximum borrowing capacity	$ 35,000	35,000
Secured Debt | Letters of credit | New Senior Secured Credit Facility Revolving Credit Facility
Long-Term Debt
Maximum amount allocated to letters of credit	$ 15,000	$ 15,000

Lease Obligations - Lease Costs

Lease Obligations - Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Lease costs
Operating lease cost	$ 30,117	$ 30,469	$ 91,134	$ 91,287
Amortization of finance lease assets	804		1,852
Interest on finance lease liabilities	422		829
Short-term lease cost	349	851	1,228	2,437
Variable lease cost	7,205	550	18,260	1,652
Sublease income	(476)	(480)	(1,343)	(996)
Net lease costs	$ 38,421	$ 31,390	$ 111,960	$ 94,380

Lease Obligations - Financial S

Lease Obligations - Financial Statement Line Items (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Lease Obligations
Operating lease assets	$ 781,615	$ 807,537
Finance lease assets	$ 28,210
Financial Statement Line Items	us-gaap:PropertyPlantAndEquipmentNet
Total lease assets, net	$ 809,825	807,537
Operating lease liabilities - current	60,933	58,613
Finance lease liabilities - current	$ 2,035
Financial Statement Line Items	us-gaap:LinesOfCreditCurrent
Operating lease liabilities - non-current	$ 818,452	843,312
Finance lease liabilities - non-current	$ 25,877
Financial Statement Line Items	us-gaap:LongTermLineOfCredit
Total lease liabilities	$ 907,297	$ 901,925

Lease Obligations - Supplementa

Lease Obligations - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Lease Obligations
Operating cash flows for operating leases	$ 91,459	$ 90,835
Operating cash flows for finance leases	666
Financing cash flows for finance leases	2,030
New, remeasured, and terminated operating leases	21,730	$ 86,349
New finance leases	$ 29,522

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
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	1,132,348	1,148,115
Level 2 | Carrying Value | Floor Plan Facility
Fair Value Measurements
Debt instrument	20,885	40,885
Level 2 | Carrying Value | Real Estate Facility
Fair Value Measurements
Debt instrument	4,610	19,521
Level 2 | Fair Value | Term Loan Facility
Fair Value Measurements
Debt instrument	1,113,016	1,104,947
Level 2 | Fair Value | Floor Plan Facility
Fair Value Measurements
Debt instrument	20,869	41,299
Level 2 | Fair Value | Real Estate Facility
Fair Value Measurements
Debt instrument	$ 4,610	$ 21,030

Commitments and Contingencies -

Commitments and Contingencies - Litigation (Details)	Aug. 06, 2019lawsuit
U S District Court of Delaware Cases
Commitments and Contingencies
Number of lawsuits	2

Statement of Cash Flows (Detail

Statement of Cash Flows (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash paid during the period for:
Interest	$ 58,632	$ 81,647
Income taxes	(25,244)	(6,046)
Non-cash investing activities:
Leasehold improvements paid by lessor	74	20,121
Vehicles transferred to property and equipment from inventory	(70)	575
Capital expenditures in accounts payable and accrued liabilities	1,554	4,530
Non-cash financing activities:
Par value of Class A common stock issued in exchange for common units in CWGS, LLC	48
Par value of Class A common stock issued for vested restricted stock units	$ 3	$ 2

Acquisitions - General Informat

Acquisitions - General Information (Details) $ in Millions	9 Months Ended
	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)location
Acquisitions
Real properties purchased	$ 27.8
Real properties purchased from parties related to the sellers of the dealership businesses		$ 2.9
Borrowing to purchase of business		$ 13.9
Assets or stock of multiple dealerships
Acquisitions
Number of locations acquired | location		5
Payments to acquire assets		$ 48.4

Acquisitions - Assets (Liabilit

Acquisitions - Assets (Liabilities) Acquired (Assumed) at Fair Value (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2020	Dec. 31, 2019
Tangible assets (liabilities) acquired (assumed):
Goodwill		$ 387,066	$ 386,941
Cash paid for acquisitions, net of cash acquired	$ 48,408
2019 Acquisitions
Tangible assets (liabilities) acquired (assumed):
Inventories, net	19,871
Prepaid expenses and other assets	95
Property and equipment, net	360
Accounts payable	(2)
Accrued liabilities	(113)
Total tangible net assets acquired	20,211
Goodwill	28,198
Purchase Price	48,409
Cash paid for acquisitions, net of cash acquired	48,409
Inventory purchases financed via floor plan	(13,854)
Cash payment net of floor plan financing	$ 34,555

Acquisitions - Goodwill, Revenu

Acquisitions - Goodwill, Revenue and Pre-Tax (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Acquisitions
Goodwill for tax purposes	$ 100	$ 28,200
Revenue		34,200
Pre-tax income (loss)		$ (1,300)
2019 Acquisitions
Acquisitions
Inventory measurement period adjustment	(125)
Tangible net assets measurement period adjustment	(125)
Goodwill measurement period adjustment	$ 125

Income Taxes - Federal Tax purp

Income Taxes - Federal Tax purpose (Details) - USD ($) $ in Thousands	Oct. 06, 2016	Sep. 30, 2020	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Deferred income taxes due to transfer of assets			$ 14,400	$ 14,400
Tax Receivable Agreement liability adjustment				8,477
Effective tax rate (as a percent)		12.60%	13.40%
U.S. Federal income tax rate (as a percent)			21.00%
Current portion of liabilities under tax receivable agreement		$ 8,187	$ 8,187		$ 6,563
CWGS, LLC
Deferred income taxes due to transfer of assets		$ 37,000
Shares issued		4,700,000	4,700,000
Crestview Partners II GP LP | CWGS, LLC
Common units redeemed		4,700,000
Tax receivable agreement
Reduction in tax receivable agreement liability due to reduction of future expected tax amortization				7,200
Reduction in tax receivable agreement liability due to change in state income tax rates				1,100
Tax Receivable Agreement liability adjustment				$ 8,500
Tax receivable agreement | CWGS, LLC
Units issued in exchange			4,832,497	5,725
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		$ 140,000	$ 140,000		114,800
Current portion of liabilities under tax receivable agreement		8,200	8,200		$ 6,600
COVID-19 | other long-term liabilities
Deferral of non-income-based payroll taxes		$ 19,800	$ 19,800
CWH | CWGS, LLC
Ownership interest			47.70%		42.00%

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	Nov. 01, 2019	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Mar. 31, 2013	Jan. 31, 2012
Stephen Adams
Related party transactions
Payments to related party for purchasing advertising services		$ 0	$ 0	$ 0	$ 200,000
Andris A. Baltins
Related party transactions
Related party expense				100,000	100,000
Related Party Agreement | Precise Graphix
Related party transactions
Related party expense		0	400,000	300,000	1,300,000
FreedomRoads | Mr. Lemonis
Related party transactions
Base rent						$ 31,500	$ 29,000
Additional monthly base rent	$ 5,200
FreedomRoads | Lease Agreement | Managers and Officers
Related party transactions
Related party expense		$ 500,000	$ 500,000	$ 1,500,000	$ 1,500,000
Mr. Lemonis | Precise Graphix
Related party transactions
Economic interest (as a percent)				67.00%
Stephen Adams | Adams Radio | Stephen Adams
Related party transactions
Indirect interest		90.00%		90.00%

Stockholder's Equity (Details)

Stockholder's Equity (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2020USD ($)class
Stockholders' Equity
Number of classes of common stock | class	3
Common Class B
Stockholders' Equity
Consideration for redemption of shares | $	$ 0

Non-Controlling Interests (Deta

Non-Controlling Interests (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Summarizes the effects of change in ownership:
Net income (loss) attributable to Camping World Holdings, Inc.	$ 58,050	$ (30,692)	$ 107,967	$ (32,070)
Transfers to non-controlling interests:
Change from net income (loss) attributable to Camping World Holdings, Inc. and transfers to non-controlling interests	$ 77,607	(30,939)	$ 126,994	(32,435)
Common Class A
Non-Controlling Interests
Common stock, issued	43,001,308		43,001,308		37,701,584
Common Class B
Non-Controlling Interests
Common stock, issued	69,066,445		69,066,445		69,066,445
Additional Paid-in Capital
Transfers to non-controlling interests:
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	$ (1,767)		$ (1,872)
Increase in additional paid-in capital as a result of the vesting of restricted stock units	481	300	553	443
Decrease in additional paid-in capital as a result of repurchases of Class A common stock for withholding taxes on vested RSUs	(958)	$ (547)	(1,517)	(820)
Increase in additional paid-in capital as a result of the redemption of common units of CWGS, LLC	$ 21,801		$ 21,863	$ 12
CWGS, LLC
Non-Controlling Interests
LLC outstanding	89,561,373		89,561,373		89,158,273
Common units redeemed	4,700,000
CWGS, LLC | Common Class A
Non-Controlling Interests
Common stock, issued	4,700,000		4,700,000
CWGS, LLC | Common Class B
Non-Controlling Interests
Common units cancelled	$ 4,700
CWH | CWGS, LLC
Non-Controlling Interests
Units held	42,724,586		42,724,586		37,488,989
Ownership interest			47.70%		42.00%
Continuing Equity Owners | CWGS, LLC
Non-Controlling Interests
Units held	46,836,787		46,836,787		51,669,284
Percentage of ownership	52.30%		52.30%		58.00%

Equity-based Compensation Pla_3

Equity-based Compensation Plans - Summary of Equity-Based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Equity-based compensation expense:
Equity based compensation expense	$ 6,201	$ 2,934	$ 13,695	$ 9,513
Costs applicable to revenue
Equity-based compensation expense:
Equity based compensation expense	292	231	639	646
Selling, general, and administrative
Equity-based compensation expense:
Equity based compensation expense	$ 5,909	$ 2,703	$ 13,056	$ 8,867

Equity-based Compensation Pla_4

Equity-based Compensation Plans - Stock Options (Details) shares in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2020$ / sharesshares	Sep. 30, 2020shares
Stock options
Stock Options
Outstanding at December 31, 2019 (in shares)		745
Exercised (in shares)		(153)
Forfeited (in shares)		(55)
Outstanding at September 30, 2020 (in shares)	537	537
Options exercisable at September 30, 2020 (in shares)	354	354
Restricted Stock Units (RSUs) | Employees
Share-based Compensation Plans
Weighted average grant date fair value (per share) | $ / shares	$ 32.97

Equity-based Compensation Pla_5

Equity-based Compensation Plans - Restricted Stock Units (Details) - Restricted Stock Units (RSUs) shares in Thousands	9 Months Ended
	Sep. 30, 2020shares
Restricted Stock Units
Outstanding at December 31, 2019 (in shares)	1,806
Granted (in shares)	2,516
Vested (in shares)	(315)
Forfeited (in shares)	(205)
Outstanding at September 30, 2020 (in shares)	3,802

Equity-based Compensation Pla_6

Equity-based Compensation Plans - Consulting Agreement (Details) - USD ($) $ / shares in Units, $ in Thousands	Nov. 12, 2019	Jan. 21, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2020	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation expense			$ 6,201	$ 2,934		$ 13,695	$ 9,513
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding (in units)			3,802,000			3,802,000		1,806,000
Restricted Stock Units (RSUs) | Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)			2,500,000
Aggregate grant date fair value			$ 81,000
Weighted average grant date fair value (per share)			$ 32.97
Mr. Flanigan | Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	60,000	62,500
Share based compensation expense					$ 1,300
Mr. Flanigan | Restricted Stock Units (RSUs) | Vest on January 1, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding (in units)			41,667			41,667
Mr. Flanigan | Restricted Stock Units (RSUs) | Vest on November 15, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding (in units)			20,000			20,000

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2020	Sep. 30, 2019
Numerator:
Net income (loss)	$ 154,784	$ 163,222	$ (14,129)	$ (65,263)	$ 52,623	$ (26,807)	$ 303,877	$ (39,447)
Less: net (income) loss attributable to non-controlling interests	(96,734)			34,571			(195,910)	7,377
Net income (loss) attributable to Camping World Holdings, Inc. - basic and diluted	58,050			(30,692)			107,967	(32,070)
Add: reallocation of net income attributable to non-controlling interests from the assumed dilutive effect of stock options and RSUs	794
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							140,811
Net income (loss) attributable to Camping World Holdings, Inc. - diluted	$ 58,844			$ (30,692)			$ 248,778	$ (32,070)
Denominator:
Weighted-average shares of Class A common stock outstanding - basic	39,880,000			37,361,000			38,356,000	37,266,000
Dilutive options to purchase Class A common stock	191,000						64,000
Dilutive restricted stock units	801,000						508,000
Dilutive common units of CWGS, LLC that are convertible into Class A common stock							50,954,000
Weighted-average shares of Class A common stock outstanding - diluted	40,872,000			37,361,000			89,882,000	37,266,000
Earnings (loss) per share of Class A common stock - basic	$ 1.46			$ (0.82)			$ 2.81	$ (0.86)
Earnings (loss) per share of Class A common stock - diluted	$ 1.44			$ (0.82)			$ 2.77	$ (0.86)
Stock Option
Denominator:
Antidilutive securities excluded from the computation of diluted earnings per share				767			483	809
Restricted Stock Units (RSUs)
Denominator:
Antidilutive securities excluded from the computation of diluted earnings per share	1,761			1,266			1,028	1,373
Common Class A
Denominator:
Weighted-average shares of Class A common stock outstanding - basic	39,880,000			37,361,000			38,356,000	37,266,000
Weighted-average shares of Class A common stock outstanding - diluted	40,872,000			37,361,000			89,882,000	37,266,000
Earnings (loss) per share of Class A common stock - basic	$ 1.46			$ (0.82)			$ 2.81	$ (0.86)
Earnings (loss) per share of Class A common stock - diluted	$ 1.44			$ (0.82)			$ 2.77	$ (0.86)
CWGS, LLC | Common Units
Denominator:
Antidilutive securities excluded from the computation of diluted earnings per share	49,609			51,669				51,671

Segments Information - General

Segments Information - General Information (Details)	9 Months Ended
	Sep. 30, 2020segment
Segments Information
Number of reportable segments	2

Segments Information - Revenue

Segments Information - Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Segments Information
Revenue	$ 1,678,753	$ 1,387,972	$ 4,312,771	$ 3,927,088
Intersegment Eliminations
Segments Information
Revenue	(6,306)	(11,024)	(18,066)	(35,059)
Good Sam Services and Plans
Segments Information
Revenue	45,941	42,235	137,668	133,895
Good Sam Services and Plans | Intersegment Eliminations
Segments Information
Revenue	(72)	(226)	(1,729)	(1,855)
New vehicles
Segments Information
Revenue	907,588	680,716	2,303,080	1,989,163
New vehicles | Intersegment Eliminations
Segments Information
Revenue	(1,813)	(1,415)	(4,962)	(4,413)
Used vehicles
Segments Information
Revenue	298,651	247,151	780,226	672,908
Used vehicles | Intersegment Eliminations
Segments Information
Revenue	(709)	(556)	(2,066)	(1,935)
Products, service and other
Segments Information
Revenue	276,622	290,771	680,417	760,073
Products, service and other | Intersegment Eliminations
Segments Information
Revenue	(400)	(6,135)	(1,129)	(18,502)
Finance and insurance, net
Segments Information
Revenue	138,779	114,466	378,553	334,582
Finance and insurance, net | Intersegment Eliminations
Segments Information
Revenue	(3,312)	(2,692)	(8,180)	(8,354)
Good Sam Club
Segments Information
Revenue	11,172	12,633	32,827	36,467
Good Sam Services and Plans | Operating Segments
Segments Information
Revenue	46,013	42,461	139,397
Good Sam Services and Plans | Good Sam Services and Plans | Operating Segments
Segments Information
Revenue	46,013	42,461	139,397
Good Sam Services and Plans | Consumer Services and Plans | Operating Segments
Segments Information
Revenue				135,750
RV and Outdoor Retail
Segments Information
Revenue	1,632,812	1,345,737	4,175,103	3,793,193
RV and Outdoor Retail | Operating Segments
Segments Information
Revenue	1,639,046	1,356,535	4,191,440	3,826,397
RV and Outdoor Retail | New vehicles
Segments Information
Revenue	907,588	680,716	2,303,080	1,989,163
RV and Outdoor Retail | New vehicles | Operating Segments
Segments Information
Revenue	909,401	682,131	2,308,042	1,993,576
RV and Outdoor Retail | Used vehicles
Segments Information
Revenue	298,651	247,151	780,226	672,908
RV and Outdoor Retail | Used vehicles | Operating Segments
Segments Information
Revenue	299,360	247,707	782,292	674,843
RV and Outdoor Retail | Products, service and other
Segments Information
Revenue	276,622	290,771	680,417	760,073
RV and Outdoor Retail | Products, service and other | Operating Segments
Segments Information
Revenue	277,022	296,906	681,546	778,575
RV and Outdoor Retail | Finance and insurance, net
Segments Information
Revenue	138,779	114,466	378,553	334,582
RV and Outdoor Retail | Finance and insurance, net | Operating Segments
Segments Information
Revenue	142,091	117,158	386,733	342,936
RV and Outdoor Retail | Good Sam Club
Segments Information
Revenue	11,172	12,633	32,827	36,467
RV and Outdoor Retail | Good Sam Club | Operating Segments
Segments Information
Revenue	$ 11,172	$ 12,633	$ 32,827	$ 36,467

Segments Information - Segment

Segments Information - Segment Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Segments Information
Total segment income	$ 193,093	$ (32,307)	$ 409,698	$ 74,879
Selling, general, and administrative expense	(322,990)	(299,564)	(862,237)	(870,995)
Depreciation and amortization	(12,304)	(14,104)	(38,949)	(41,644)
Other interest expense, net	(12,896)	(17,568)	(42,101)	(53,422)
Tax Receivable Agreement liability adjustment				8,477
Income before income taxes	177,182	(58,880)	350,880	(1,950)
Operating Segments
Segments Information
Total segment income	204,665	(24,553)	439,107	94,381
Other interest expense, net	(2,147)	(2,450)	(6,121)	(6,862)
Corporate, Non-Segment
Segments Information
Selling, general, and administrative expense	(2,283)	(2,655)	(7,177)	(9,742)
Other interest expense, net	(10,749)	(15,118)	(35,980)	(46,560)
Good Sam Services and Plans | Operating Segments
Segments Information
Total segment income	22,390	18,247	68,321	61,869
Depreciation and amortization	(868)	(810)	(2,392)	(2,498)
Other interest expense, net	(2)		(2)	1
RV and Outdoor Retail | Operating Segments
Segments Information
Total segment income	182,275	(42,800)	370,786	32,512
Depreciation and amortization	(11,436)	(13,294)	(36,557)	(39,146)
Other interest expense, net	$ (2,145)	$ (2,450)	$ (6,119)	$ (6,863)

Segments Information - Deprecia

Segments Information - Depreciation and Amortization (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Segments Information
Depreciation and amortization	$ 12,304	$ 14,104	$ 38,949	$ 41,644
Good Sam Services and Plans | Operating Segments
Segments Information
Depreciation and amortization	868	810	2,392	2,498
RV and Outdoor Retail | Operating Segments
Segments Information
Depreciation and amortization	$ 11,436	$ 13,294	$ 36,557	$ 39,146

Segments Information - Other In

Segments Information - Other Interest Expense, Net (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Segments Information
Other interest expense, net	$ 12,896	$ 17,568	$ 42,101	$ 53,422
Operating Segments
Segments Information
Other interest expense, net	2,147	2,450	6,121	6,862
Corporate, Non-Segment
Segments Information
Other interest expense, net	10,749	15,118	35,980	46,560
Good Sam Services and Plans | Operating Segments
Segments Information
Other interest expense, net	2		2	(1)
RV and Outdoor Retail | Operating Segments
Segments Information
Other interest expense, net	$ 2,145	$ 2,450	$ 6,119	$ 6,863

Segments Information - Assets (

Segments Information - Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Segments Information
Assets	$ 3,306,840	$ 3,376,240
Operating Segments
Segments Information
Assets	3,065,357	3,186,012
Corporate, Non-Segment
Segments Information
Assets	241,483	190,228
Good Sam Services and Plans | Operating Segments
Segments Information
Assets	152,312	138,360
RV and Outdoor Retail | Operating Segments
Segments Information
Assets	$ 2,913,045	$ 3,047,652

Subsequent Event (Details)

Subsequent Event (Details) $ in Millions	Oct. 30, 2020USD ($)
Subsequent Event
Subsequent event
Authorized amount for stock repurchase program	$ 100