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 collision work; the sale of RV parts, accessories, and supplies; the sale of outdoor products, equipment, gear and supplies; business to business distribution of RV furniture; 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 June 30, 2021 Three Months Ended June 30, 2020 Good Sam RV and Good Sam RV and Services Outdoor Intersegment Services Outdoor Intersegment ($ in thousands) and Plans Retail Eliminations Total and Plans Retail Eliminations Total Revenue: Good Sam services and plans $ 46,955 $ — $ (53) $ 46,902 $ 44,692 $ — $ (173) $ 44,519 New vehicles — 1,060,982 (2,204) 1,058,778 — 900,245 (2,070) 898,175 Used vehicles — 461,217 (1,080) 460,137 — 275,699 (789) 274,910 Products, service and other — 306,127 (573) 305,554 — 231,512 (340) 231,172 Finance and insurance, net — 182,305 (4,620) 177,685 — 150,194 (2,876) 147,318 Good Sam Club — 12,751 — 12,751 — 10,651 — 10,651 Total consolidated revenue $ 46,955 $ 2,023,382 $ (8,530) $ 2,061,807 $ 44,692 $ 1,568,301 $ (6,248) $ 1,606,745 Six Months Ended June 30, 2021 Six Months Ended June 30, 2020 Good Sam RV and Good Sam RV and Services Outdoor Intersegment Services Outdoor Intersegment ($ in thousands) and Plans Retail Eliminations Total and Plans Retail Eliminations Total Revenue: Good Sam services and plans $ 87,867 $ — $ (94) $ 87,773 $ 93,384 $ — $ (1,657) $ 91,727 New vehicles — 1,884,757 (4,003) 1,880,754 — 1,398,641 (3,149) 1,395,492 Used vehicles — 756,246 (1,852) 754,394 — 482,932 (1,357) 481,575 Products, service and other — 557,717 (893) 556,824 — 404,524 (729) 403,795 Finance and insurance, net — 323,925 (7,986) 315,939 — 244,642 (4,868) 239,774 Good Sam Club — 23,904 — 23,904 — 21,655 — 21,655 Total consolidated revenue $ 87,867 $ 3,546,549 $ (14,828) $ 3,619,588 $ 93,384 $ 2,552,394 $ (11,760) $ 2,634,018 Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, ($ in thousands) 2021 2020 2021 2020 Segment income: (1) Good Sam Services and Plans $ 23,202 $ 24,591 $ 44,385 $ 45,931 RV and Outdoor Retail 302,613 188,383 461,649 188,511 Total segment income 325,815 212,974 506,034 234,442 Corporate & other (2,138) (2,165) (4,490) (4,894) Depreciation and amortization (13,044) (12,567) (25,745) (26,645) Other interest expense, net (11,789) (14,547) (24,012) (29,205) Tax Receivable Agreement liability adjustment — — (3,520) — Loss and expense on debt restructure (10,421) — (10,421) — Other income, net — — 45 — Income before income taxes $ 288,423 $ 183,695 $ 437,891 $ 173,698 (1) Segment income is defined as income from operations before depreciation and amortization plus floor plan interest expense. Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, ($ in thousands) 2021 2020 2021 2020 Depreciation and amortization: Good Sam Services and Plans $ 760 $ 768 $ 1,569 1,524 RV and Outdoor Retail 12,284 11,799 24,176 25,121 Total depreciation and amortization $ 13,044 $ 12,567 $ 25,745 $ 26,645 Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, ($ in thousands) 2021 2020 2021 2020 Other interest expense, net: Good Sam Services and Plans $ — $ — $ — $ — RV and Outdoor Retail 1,907 2,082 3,709 3,974 Subtotal 1,907 2,082 3,709 3,974 Corporate & other 9,882 12,465 20,303 25,231 Total other interest expense, net $ 11,789 $ 14,547 $ 24,012 $ 29,205 June 30, December 31, ($ in thousands) 2021 2020 Assets: Good Sam Services and Plans $ 88,092 $ 140,825 RV and Outdoor Retail 3,310,560 2,881,637 Subtotal 3,398,652 3,022,462 Corporate & other 298,170 233,969 Total assets $ 3,696,822 $ 3,256,431 |