Camping World (CWH) 10-Q 2 Aug 23 2023 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2023	Jul. 28, 2023
Document and Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2023
Entity File Number	001-37908
Entity Registrant Name	CAMPING WORLD HOLDINGS, INC.
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	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001669779
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Amendment Flag	false
Class A common stock
Document and Entity Information
Entity Common Stock, Shares Outstanding		44,550,260
Class B common stock
Document and Entity Information
Entity Common Stock, Shares Outstanding		39,466,964
Class C common stock
Document and Entity Information
Entity Common Stock, Shares Outstanding		1

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Current assets:
Cash and cash equivalents	$ 54,458	$ 130,131	$ 133,957
Contracts in transit	132,466	50,349	150,929
Accounts receivable, net	119,247	112,411	125,957
Inventories	2,077,024	2,123,858	1,995,796
Prepaid expenses and other assets	56,063	66,913	61,308
Assets held for sale	4,635	0	0
Total current assets	2,443,893	2,483,662	2,467,947
Property and equipment, net	785,003	758,281	688,297
Operating lease assets	730,460	742,306	711,589
Deferred tax assets, net	141,233	143,226	182,212
Intangible assets, net	15,028	20,945	22,943
Goodwill	655,744	622,423	507,284
Other assets	31,732	29,304	30,029
Total assets	4,803,093	4,800,147	4,610,301
Current liabilities:
Accounts payable	200,516	127,691	249,218
Accrued liabilities	192,639	147,833	238,941
Deferred revenues	96,850	95,695	95,730
Current portion of operating lease liabilities	61,808	61,745	60,816
Current portion of finance lease liabilities	5,337	10,244	10,563
Current portion of Tax Receivable Agreement liability	13,999	10,873	11,686
Current portion of long-term debt	26,766	25,229	15,826
Notes payable - floor plan, net	1,155,356	1,319,941	1,000,808
Other current liabilities	84,552	73,076	86,975
Liabilities related to assets held for sale	4,125	0	0
Total current liabilities	1,841,948	1,872,327	1,770,563
Operating lease liabilities, net of current portion	753,999	764,835	735,267
Finance lease liabilities, net of current portion	99,341	94,216	96,604
Tax Receivable Agreement liability, net of current portion	151,053	159,743	159,790
Revolving line of credit	20,885	20,885	20,885
Long-term debt, net of current portion	1,521,629	1,484,416	1,371,444
Deferred revenues	69,809	70,247	73,076
Other long-term liabilities	86,186	85,792	82,741
Total liabilities	4,544,850	4,552,461	4,310,370
Commitments and contingencies
Stockholders' equity:
Preferred stock, par value $0.01 per share - 20,000 shares authorized; none issued and outstanding	0	0	0
Additional paid-in capital	115,844	106,051	127,508
Treasury stock, at cost; 5,046, 5,130, and 5,782 shares, respectively	(176,783)	(179,732)	(202,561)
Retained earnings	197,293	221,031	265,974
Total stockholders' equity attributable to Camping World Holdings, Inc.	136,854	147,830	191,401
Non-controlling interests	121,389	99,856	108,530
Total stockholders' equity	258,243	247,686	299,931
Total liabilities and stockholders' equity	4,803,093	4,800,147	4,610,301
Class A common stock
Stockholders' equity:
Common stock	496	476	476
Class B common stock
Stockholders' equity:
Common stock	4	4	4
Class C common stock
Stockholders' equity:
Common stock	$ 0	$ 0	$ 0

Unaudited Condensed Consolida_2

Unaudited Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Stockholders' equity:
Preferred stock, par value	$ 0.01	$ 0.01	$ 0.01
Preferred stock, authorized	20,000,000	20,000,000	20,000,000
Preferred stock, issued	0	0	0
Preferred stock, outstanding	0	0	0
Treasury Stock, (In shares)	5,046,000	5,130,000	5,782,000
Class A common stock
Stockholders' equity:
Common stock, par value	$ 0.01	$ 0.01	$ 0.01
Common stock, authorized	250,000,000	250,000,000	250,000,000
Common stock, issued	49,571,000	47,571,000	47,855,000
Common stock, outstanding	44,525,000	42,441,000	41,789,000
Class B common stock
Stockholders' equity:
Common stock, par value	$ 0.0001	$ 0.0001	$ 0.0001
Common stock, authorized	75,000,000	75,000,000	75,000,000
Common stock, issued	39,466,000	41,466,000	69,066,000
Common stock, outstanding	39,466,000	41,466,000	41,466,000
Class C common stock
Stockholders' equity:
Common stock, par value	$ 0.0001	$ 0.0001	$ 0.0001
Common stock, authorized	1	1	1
Common stock, issued	1	1	1
Common stock, outstanding	1	1	1

Unaudited Condensed Consolida_3

Unaudited Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenue:
Total revenue	$ 1,900,721	$ 2,168,632	$ 3,387,601	$ 3,831,028
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue	1,329,619	1,451,839	2,375,479	2,554,033
Operating expenses:
Selling, general, and administrative	420,887	441,123	786,613	826,438
Depreciation and amortization	17,206	17,627	31,843	43,162
Long-lived asset impairment	477	2,618	7,522	2,618
Lease termination	0	944	0	1,122
(Gain) loss on sale or disposal of assets	(145)	381	(5,132)	430
Total operating expenses	438,425	462,693	820,846	873,770
Income from operations	132,677	254,100	191,276	403,225
Other expense:
Floor plan interest expense	(20,672)	(8,733)	(41,482)	(14,999)
Other interest expense, net	(33,518)	(14,935)	(64,631)	(29,236)
Other expense, net	(183)	(72)	(1,683)	(295)
Total other expense	(54,373)	(23,740)	(107,796)	(44,530)
Income before income taxes	78,304	230,360	83,480	358,695
Income tax expense	(13,581)	(32,375)	(13,854)	(53,411)
Net income	64,723	197,985	69,626	305,284
Less: net income attributable to non-controlling interests	(36,020)	(113,674)	(37,754)	(176,243)
Net income attributable to Camping World Holdings, Inc.	$ 28,703	$ 84,311	$ 31,872	$ 129,041
Class A common stock
Earnings per share of Class A common stock:
Basic	$ 0.65	$ 2.02	$ 0.72	$ 3.03
Diluted	$ 0.64	$ 2.01	$ 0.71	$ 3.01
Weighted average shares of Class A common stock outstanding:
Basic	44,490	41,737	44,473	42,640
Diluted	44,804	42,139	84,783	43,171
Good Sam Services and Plans
Revenue:
Total revenue	$ 51,038	$ 49,593	$ 97,405	$ 94,152
New vehicles
Revenue:
Total revenue	800,903	1,077,252	1,447,655	1,912,211
Used vehicles
Revenue:
Total revenue	622,962	555,958	1,067,708	958,990
Products, service and other
Revenue:
Total revenue	247,760	278,001	455,421	492,974
Finance and insurance, net
Revenue:
Total revenue	166,934	195,407	296,706	348,785
Good Sam Club
Revenue:
Total revenue	11,124	12,421	22,706	23,916
Good Sam Services and Plans
Revenue:
Total revenue	51,038	49,593	97,405	94,152
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue	17,671	18,958	33,823	35,661
RV and Outdoor Retail
Revenue:
Total revenue	1,849,683	2,119,039	3,290,196	3,736,876
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue	1,311,948	1,432,881	2,341,656	2,518,372
RV and Outdoor Retail | New vehicles
Revenue:
Total revenue	800,903	1,077,252	1,447,655	1,912,211
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue	677,376	852,171	1,234,918	1,496,541
RV and Outdoor Retail | Used vehicles
Revenue:
Total revenue	622,962	555,958	1,067,708	958,990
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue	480,419	414,169	822,366	716,994
RV and Outdoor Retail | Products, service and other
Revenue:
Total revenue	247,760	278,001	455,421	492,974
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue	153,043	164,222	282,061	300,382
RV and Outdoor Retail | Finance and insurance, net
Revenue:
Total revenue	166,934	195,407	296,706	348,785
RV and Outdoor Retail | Good Sam Club
Revenue:
Total revenue	11,124	12,421	22,706	23,916
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):
Total costs applicable to revenue	$ 1,110	$ 2,319	$ 2,311	$ 4,455

Unaudited Condensed Consolida_4

Unaudited Condensed Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Common Stock Class A common stock	Common Stock Class B common stock	Common Stock Class C common stock	Additional Paid-in Capital	Treasury Stock	Retained Earnings	Non-controlling Interest	Total
Balance at Dec. 31, 2021	$ 475	$ 4	$ 0	$ 98,113	$ (130,006)	$ 189,471	$ 75,837	$ 233,894
Balance (in shares) at Dec. 31, 2021	47,521	41,466	0
Balance (in shares) at Dec. 31, 2021					(3,390)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity-based compensation	$ 0	$ 0	$ 0	4,572	$ 0	0	5,735	10,307
Exercise of stock options	$ 0	0	0	(166)	$ 397	0	0	231
Exercise of stock options (in shares)	0				11
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options	$ 0	0	0	(111)	$ 0	0	111	0
Vesting of restricted stock units	$ 0	$ 0	$ 0	(4,067)	$ 4,749	0	(682)	0
Vesting of restricted stock units (in shares)	0	0	0		130
Repurchases of Class A common stock for withholding taxes on vested RSUs	$ 0	$ 0	$ 0	243	$ (1,481)	0	0	(1,238)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares)	0	0	0		(41)
Repurchases of Class A common stock to treasury stock				28,398	$ (79,757)		(37,774)	(89,133)
Repurchases of Class A common stock to treasury stock (Shares)					(2,593)
Redemption of LLC common units for Class A common stock	$ 1	$ 0	$ 0	416	$ 0	0	(45)	372
Redemption of LLC common units for Class A common stock (in shares)	50	0	0		0
Distributions to holders of LLC common units	$ 0	$ 0	$ 0	0	$ 0	0	(24,836)	(24,836)
Dividends	0	0	0	0	0	(26,427)	0	(26,427)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability	0	0	0	(299)	0	0	0	(299)
Non-controlling interest adjustment	0	0	0	(1,028)	0	0	1,028	0
Net income	0	0	0	0	0	44,730	62,569	107,299
Balance at Mar. 31, 2022	$ 476	$ 4	$ 0	126,071	$ (206,098)	207,774	81,943	210,170
Balance (in shares) at Mar. 31, 2022	47,571	41,466	0
Balance (in shares) at Mar. 31, 2022					(5,883)
Balance at Dec. 31, 2021	$ 475	$ 4	$ 0	98,113	$ (130,006)	189,471	75,837	233,894
Balance (in shares) at Dec. 31, 2021	47,521	41,466	0
Balance (in shares) at Dec. 31, 2021					(3,390)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income								305,284
Balance at Jun. 30, 2022	$ 476	$ 4	$ 0	127,508	$ (202,561)	265,974	108,530	$ 299,931
Balance (in shares) at Jun. 30, 2022	47,571	41,466	0
Balance (in shares) at Jun. 30, 2022					(5,782)			5,782
Balance at Dec. 31, 2021	$ 475	$ 4	$ 0	98,113	$ (130,006)	189,471	75,837	$ 233,894
Balance (in shares) at Dec. 31, 2021	47,521	41,466	0
Balance (in shares) at Dec. 31, 2021					(3,390)
Balance at Dec. 31, 2022	$ 476	$ 4	$ 0	106,051	$ (179,732)	221,031	99,856	$ 247,686
Balance (in shares) at Dec. 31, 2022	47,571	41,466	0
Balance (in shares) at Dec. 31, 2022					(5,130)			5,130
Balance at Mar. 31, 2022	$ 476	$ 4	$ 0	126,071	$ (206,098)	207,774	81,943	$ 210,170
Balance (in shares) at Mar. 31, 2022	47,571	41,466	0
Balance (in shares) at Mar. 31, 2022					(5,883)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity-based compensation	$ 0	$ 0	$ 0	4,467	$ 0	0	4,500	8,967
Exercise of stock options	0	0	0	(25)	$ 66	0	0	41
Exercise of stock options (in shares)					2
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options	0	0	0	(18)	$ 0	0	18	0
Vesting of restricted stock units	0	0	0	(3,562)	$ 3,798	0	(236)	0
Vesting of restricted stock units (in shares)					108
Repurchases of Class A common stock for withholding taxes on vested RSUs	0	0	0	48	$ (327)	0	0	(279)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares)					(9)
Distributions to holders of LLC common units	0	0	0	0	$ 0	0	(90,842)	(90,842)
Dividends	0	0	0	0	0	(26,111)	0	(26,111)
Non-controlling interest adjustment	0	0	0	527	0	0	(527)	0
Net income	0	0	0	0	0	84,311	113,674	197,985
Balance at Jun. 30, 2022	$ 476	$ 4	$ 0	127,508	$ (202,561)	265,974	108,530	$ 299,931
Balance (in shares) at Jun. 30, 2022	47,571	41,466	0
Balance (in shares) at Jun. 30, 2022					(5,782)			5,782
Balance at Dec. 31, 2022	$ 476	$ 4	$ 0	106,051	$ (179,732)	221,031	99,856	$ 247,686
Balance (in shares) at Dec. 31, 2022	47,571	41,466	0
Balance (in shares) at Dec. 31, 2022					(5,130)			5,130
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity-based compensation	$ 0	$ 0	$ 0	3,345	$ 0	0	3,013	$ 6,358
Exercise of stock options	0	0	0	(25)	$ 66	0	0	41
Exercise of stock options (in shares)					2
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options	0	0	0	(17)	$ 0	0	17	0
Vesting of restricted stock units	0	0	0	(1,104)	$ 1,300	0	(196)	0
Vesting of restricted stock units (in shares)					37
Repurchases of Class A common stock for withholding taxes on vested RSUs	0	0	0	128	$ (466)	0	0	(338)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares)					(13)
Redemption of LLC common units for Class A common stock	$ 20	$ 0	0	9,673	$ 0	0	(4,739)	4,954
Redemption of LLC common units for Class A common stock (in shares)	2,000	(2,000)
Distributions to holders of LLC common units	$ 0	$ 0	0	0	0	0	(6,046)	(6,046)
Dividends	0	0	0	0	0	(27,791)	0	(27,791)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability	0	0	0	(4,014)	0	0	0	(4,014)
Non-controlling interest adjustment	0	0	0	(20)	0	0	20	0
Net income	0	0	0	0	0	3,169	1,734	4,903
Balance at Mar. 31, 2023	$ 496	$ 4	$ 0	114,017	$ (178,832)	196,409	93,659	225,753
Balance (in shares) at Mar. 31, 2023	49,571	39,466	0
Balance (in shares) at Mar. 31, 2023					(5,104)
Balance at Dec. 31, 2022	$ 476	$ 4	$ 0	106,051	$ (179,732)	221,031	99,856	$ 247,686
Balance (in shares) at Dec. 31, 2022	47,571	41,466	0
Balance (in shares) at Dec. 31, 2022					(5,130)			5,130
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income								$ 69,626
Balance at Jun. 30, 2023	$ 496	$ 4	$ 0	115,844	$ (176,783)	197,293	121,389	$ 258,243
Balance (in shares) at Jun. 30, 2023	49,571	39,466	0
Balance (in shares) at Jun. 30, 2023					(5,046)			5,046
Balance at Mar. 31, 2023	$ 496	$ 4	$ 0	114,017	$ (178,832)	196,409	93,659	$ 225,753
Balance (in shares) at Mar. 31, 2023	49,571	39,466	0
Balance (in shares) at Mar. 31, 2023					(5,104)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity-based compensation	$ 0	$ 0	$ 0	3,418	$ 0	0	3,074	6,492
Exercise of stock options	$ 0	$ 0	$ 0	(101)	$ 266	0	0	165
Exercise of stock options (in shares)	0	0	0		8
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options	$ 0	$ 0	$ 0	(70)	$ 0	0	70	0
Vesting of restricted stock units	$ 0	$ 0	$ 0	(1,965)	$ 2,157	0	(192)	0
Vesting of restricted stock units (in shares)	0	0	0		62
Repurchases of Class A common stock for withholding taxes on vested RSUs	$ 0	$ 0	$ 0	87	$ (374)	0	0	(287)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares)	0	0	0		(12)
Distributions to holders of LLC common units	$ 0	$ 0	$ 0	0	$ 0	0	(10,784)	(10,784)
Dividends	0	0	0	0	0	(27,819)	0	(27,819)
Non-controlling interest adjustment	0	0	0	458	0	0	(458)	0
Net income	0	0	0	0	0	28,703	36,020	64,723
Balance at Jun. 30, 2023	$ 496	$ 4	$ 0	$ 115,844	$ (176,783)	$ 197,293	$ 121,389	$ 258,243
Balance (in shares) at Jun. 30, 2023	49,571	39,466	0
Balance (in shares) at Jun. 30, 2023					(5,046)			5,046

Unaudited Condensed Consolida_5

Unaudited Condensed Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022
Class A common stock
Dividends declared per share	$ 0.625	$ 0.625	$ 0.625	$ 0.625

Unaudited Condensed Consolida_6

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Operating activities
Net income	$ 69,626	$ 305,284
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	31,843	43,162
Equity-based compensation	12,850	20,642
Loss on lease termination	0	1,122
Long-lived asset impairment	7,522	2,618
(Gain) loss on sale or disposal of assets	(5,132)	430
Provision for losses on accounts receivable	605	(37)
Non-cash lease expense	30,237	30,315
Accretion of original debt issuance discount	1,057	1,041
Non-cash interest	1,421	986
Deferred income taxes	8,306	6,841
Change in assets and liabilities, net of acquisitions:
Receivables and contracts in transit	(89,495)	(117,531)
Inventories	87,259	(192,093)
Prepaid expenses and other assets	9,152	2,594
Accounts payable and other accrued expenses	98,781	118,045
Payment pursuant to Tax Receivable Agreement	(10,937)	(11,322)
Deferred revenue	717	4,314
Operating lease liabilities	(29,885)	(32,772)
Other, net	4,037	355
Net cash provided by operating activities	227,964	183,994
Investing activities
Purchases of property and equipment	(53,053)	(69,004)
Proceeds from sale of property and equipment	2,034	654
Purchases of real property	(36,981)	(28,033)
Proceeds from the sale of real property	35,603	6,809
Purchases of businesses, net of cash acquired	(74,414)	(38,188)
Purchases of and loans to other investments	(3,444)	(3,000)
Purchases of intangible assets	(1,652)	(743)
Net cash used in investing activities	(131,907)	(131,505)
Financing activities
Proceeds from long-term debt	59,227	0
Payments on long-term debt	(22,776)	(7,913)
Net (payments) proceeds on notes payable - floor plan, net	(131,462)	40,372
Proceeds from landlord funded construction on finance leases	0	6,028
Payments on finance leases	(2,847)	(3,042)
Proceeds from sale-leaseback arrangement	0	27,951
Payments on sale-leaseback arrangement	(92)	(42)
Payment of debt issuance costs	(858)	0
Dividends on Class A common stock	(55,610)	(52,538)
Proceeds from exercise of stock options	143	272
RSU shares withheld for tax	(625)	(1,517)
Repurchases of Class A common stock to treasury stock	0	(79,757)
Distributions to holders of LLC common units	(16,830)	(115,678)
Net cash used in financing activities	(171,730)	(185,864)
Decrease in cash and cash equivalents	(75,673)	(133,375)
Cash and cash equivalents at beginning of the period	130,131	267,332
Cash and cash equivalents at end of the period	$ 54,458	$ 133,957

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2023
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 a fair statement 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 six months ended June 30, 2023 and 2022 are unaudited. The condensed consolidated balance sheet as of December 31, 2022 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, 2022 filed with the SEC on February 23, 2023. Operating results for interim periods are not necessarily indicative of the results that may be expected for the full year. CWH has sole voting power in and control of the management of CWGS, LLC (see Note 15 — Stockholders’ Equity). CWH’s position as sole managing member of CWGS, LLC includes periods where CWH held a minority economic interest in CWGS, LLC. As of June 30, 2023, December 31, 2022, and June 30, 2022, CWH owned 52.6%, 50.2%, and 49.8%, 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. Cybersecurity Incident The Company relies on the integrity, security and successful functioning of its information technology systems and network infrastructure (collectively, “IT Systems”) across its operations. In February 2022, the Company announced the occurrence of a cybersecurity incident that resulted in the encryption of certain IT Systems and theft of certain data and information (the “Cybersecurity Incident”). The Cybersecurity Incident resulted in the Company’s temporary inability to access certain of its IT Systems, caused by the disabling of some of its IT Systems by the threat actor and the Company temporarily taking certain other IT Systems offline as a precautionary measure. The Company engaged leading outside forensics and cybersecurity experts, launched containment and remediation efforts and a forensic investigation, which was completed as of September 30, 2022. The Company is continuing to take measures to enhance its IT Systems. Through its investigation, the Company identified that personal information of approximately 30,000 individuals was acquired without authorization, including, depending on the individual, dates of birth, Social Security numbers, and driver’s license numbers. The Company complied with notification obligations in accordance with relevant law and is continuing to cooperate with law enforcement. The Company has incurred costs related to investigation, containment, and remediation and expects to continue to incur incremental costs for the remediation of the Cybersecurity Incident, including legal and other professional fees, and investments to enhance the security of its IT Systems. Other actual and potential consequences include, but are not limited to, negative publicity, reputational damage, lost trust with customers, and regulatory enforcement action. In December 2022, three putative class action complaints were filed against the Company and certain of its subsidiaries arising out of the Cybersecurity Incident. On March 30, 2023, the Company and plaintiffs reached an agreement in principle to resolve the putative class action complaints for an immaterial amount subject to the execution of a settlement agreement and court approval. On April 11, 2023, for purposes of effectuating the settlement reached with Company, the original complaints were dismissed and refiled as a combined state court complaint. On June 15, 2023, the parties executed the settlement agreement. On June 28, 2023, the plaintiffs’ attorneys in the combined state court case filed a motion for preliminary approval of the settlement agreement. On July 6, 2023, the judge in the combined state court case set a hearing date of August 10, 2023 for the plaintiffs’ motion for preliminary approval of the settlement agreement. The Company does not expect that the Cybersecurity Incident will cause future disruptions to its business or that the Cybersecurity Incident, including anticipated costs associated with pending litigation, will have a future material impact on its business, results of operations or financial condition. Seasonality The Company has experienced, and expects to continue to experience, variability in revenue, net income, and cash flows as a result of annual seasonality in its business. Because RVs are used primarily by vacationers and campers, demand for services, protection plans, products, and resources generally declines during the winter season, while sales and profits are generally highest during the spring and summer months. In addition, unusually severe weather conditions in some geographic areas may impact demand. The Company generates a disproportionately higher amount of its annual revenue in its second and third fiscal quarters, which include the spring and summer months. The Company incurs additional expenses in the second and third fiscal quarters due to higher sale volumes, increased staffing in its RV dealership locations and program costs. If, for any reason, the Company miscalculates the demand for its products or its product mix during the second and third fiscal quarters, its sales in these quarters could decline, resulting in higher labor costs as a percentage of gross profit, lower margins and excess inventory, which could cause the Company’s annual results of operations to suffer and its stock price to decline. Additionally, selling, general, and administrative (“SG&A”) expenses as a percentage of gross profit tend to be higher in the first and fourth quarters due to the timing of acquisitions and the seasonality of the Company’s business. The Company prefers to acquire new RV dealership locations in the first and fourth quarters of each year in order to provide time for the location to be remodeled and to ramp up operations ahead of the spring and summer months, but that does not preclude the Company from acquiring new RV dealership locations during the second and third quarters of a year. The timing of the Company’s acquisitions in the first and fourth quarters, coupled with generally lower revenue in these quarters has historically resulted in SG&A expenses as a percentage of gross profit being higher in these quarters. Due to the Company’s seasonality, the possible adverse impact from other risks associated with its business, including atypical weather, consumer spending levels and general business conditions, is potentially greater if any such risks occur during the Company’s peak sales seasons. Recently Adopted Accounting Pronouncements In June 2022, the FASB issued ASU 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions. This standard clarifies the guidance in ASC 820 on the fair value measurement of an equity security that is subject to a contractual sale restriction that prohibits the sale of an equity security, and requires specific disclosures related to such an equity security. The standard should be applied prospectively. The standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2023, with early adoption permitted. The Company early adopted ASU 2021-08 as of January 1, 2023 and the adoption did not materially impact its condensed consolidated financial statements. In September 2022, the FASB issued ASU 2022-04, Liabilities―Supplier Finance Programs (Subtopic 405-50): Disclosure of Supplier Finance Program Obligations. This standard requires a buyer in a supplier finance program to disclose qualitative and quantitative information about the program to allow users to understand the program’s nature, activity during the period, changes from period to period and potential magnitude. Most of the disclosures are required only in annual reporting periods, except for the amount of obligation outstanding to be disclosed at each interim reporting period. The standard should be applied retrospectively to each period in which a balance sheet is presented, except for the amendment on rollforward information, which should be applied prospectively. The standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022, except for the disclosure of rollforward information, which is effective for fiscal years beginning after December 15, 2023, with early adoption permitted. As the Company already included many of the required disclosures in the financial statement footnotes prior to issuance, the adoption of the required provisions of this ASU as of January 1, 2023 did not materially impact the Company’s condensed consolidated financial statements. Recently Issued Accounting Pronouncements In March 2023, the FASB issued ASU 2023-01, Leases (Topic 842): Common Control Arrangements. For public companies, this standard requires the amortization of leasehold improvements associated with common control leases over the useful life to the common control group. The standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2023, with early adoption permitted. The Company does not expect that the adoption of the provisions of this ASU will have a material impact on its condensed consolidated financial statements.

Revenue

Revenue	6 Months Ended
	Jun. 30, 2023
Revenue
Revenue	2. Revenue Contract Assets As of June 30, 2023, December 31, 2022, and June 30, 2022 a contract asset of $17.3 million, $18.4 million and $18.3 million, respectively, relating to RV service revenues, was included in accounts receivable in the accompanying condensed consolidated balance sheets. Deferred Revenues The Company records deferred revenues when cash payments are received or due in advance of the Company’s performance, net of estimated refunds that are presented separately as a component of accrued liabilities. For the six months ended June 30, 2023, $64.1 million of revenues recognized were included in the deferred revenue balance at the beginning of the period. ​ As of June 30, 2023, the Company has unsatisfied performance obligations primarily relating to plans for its roadside assistance, Good Sam Club memberships, Coast to Coast memberships, the annual campground guide, and magazine publication revenue streams. The total unsatisfied performance obligations for these revenue streams at June 30, 2023 and the periods during which the Company expects to recognize the amounts as revenue are presented as follows (in thousands): ​ ​ ​ ​ ​ ​ As of ​ June 30, 2023 2023 $ 60,761 2024 ​ ​ 54,981 2025 ​ ​ 25,580 2026 ​ ​ 13,284 2027 ​ ​ 7,231 Thereafter ​ ​ 4,822 Total ​ $ 166,659 ​ ​ ​ ​ ​

Inventories and Floor Plan Paya

Inventories and Floor Plan Payables	6 Months Ended
	Jun. 30, 2023
Inventories and Floor Plan Payables
Inventories and Floor Plan Payables	3. Inventories and Floor Plan Payables Inventories consisted of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ June 30, ​ 2023 2022 2022 Good Sam services and plans ​ $ 565 ​ $ 625 ​ $ 343 New RVs ​ ​ 1,206,493 ​ ​ 1,411,016 ​ ​ 1,329,604 Used RVs ​ ​ 651,396 ​ ​ 464,310 ​ ​ 358,060 Products, parts, accessories and other ​ ​ 218,570 ​ ​ 247,907 ​ ​ 307,789 ​ ​ $ 2,077,024 ​ $ 2,123,858 ​ $ 1,995,796 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Substantially all of the Company’s new RV inventory and certain of its used RV inventory, included in the RV and Outdoor Retail segment, is financed by a floor plan credit agreement with a syndication of banks (“Floor Plan Lenders”). 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. 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 June 30, 2023, December 31, 2022, and June 30, 2022, FR maintained floor plan financing through the Eighth Amended and Restated Credit Agreement (“Floor Plan Facility”). The Floor Plan Facility at June 30, 2023 allowed FR to borrow (a) up to $1.70 billion under a floor plan facility, (b) up to $30.0 million under a letter of credit facility and (c) up to a maximum amount outstanding of $70.0 million under the revolving line of credit. The maturity date of the Floor Plan Facility is September 30, 2026. The Floor Plan Facility also includes an accordion feature allowing FR, at its option, to request to increase the aggregate amount of the floor plan notes payable in $50.0 million increments up to a maximum amount of $200.0 million. In July 2023, FR and the Floor Plan Lenders entered into a first amendment to the Floor Plan Facility (“Floor Plan Amendment”) to exercise FR’s existing option under the accordion feature to increase the aggregate amount of the committed floor plan notes payable by $150.0 million to $1.85 billion and reset the accordion feature to allow FR, at its option, to request to increase the aggregate amount of the floor plan notes payable in $50.0 million increments up to a maximum amount of $300.0 million. The Floor Plan Lenders are not under any obligation to provide commitments in respect of any future increase under the accordion feature. Additionally, the Floor Plan Amendment increased the percentage of the aggregate amount of the floor plan notes payable that may be used to finance used RV inventory to 30% from 20%. No incremental funds were drawn at the time of closing of the Floor Plan Amendment. As of June 30, 2023, December 31, 2022, and June 30, 2022, the applicable interest rate for the floor plan notes payable under the Floor Plan Facility was 7.00%, 6.01%, and 2.93%, respectively. Under the Floor Plan Facility, at the Company’s option, the floor plan notes payable, and borrowings for letters of credit, in each case, bear interest at a rate per annum equal to (a) the floating Bloomberg Short-Term Bank Yield Index rate (“BSBY”) plus the applicable rate of 1.90% to 2.50% determined based on FR’s consolidated current ratio, or, (b) the base rate (as described below) plus the applicable rate of 0.40% to 1.00% determined based on FR’s consolidated current ratio. As of June 30, 2023, December 31, 2022, and June 30, 2022, the applicable interest rate for revolving line of credit borrowings under the Floor Plan Facility was 7.35%, 6.21%, and 3.13%, respectively. Under the Floor Plan Facility, revolving line of credit borrowings bear interest at a rate per annum equal to, at the Company’s option, either: (a) a floating BSBY rate, plus 2.25%, in the case of floating BSBY rate loans, or (b) a base rate determined by reference to the greatest of: (i) the federal funds rate plus 0.50%, (ii) the prime rate published by Bank of America, N.A. and (iii) the floating BSBY rate plus 1.75%, plus 0.75%, in the case of base rate loans. Additionally, under the Floor Plan Facility, the revolving line of credit borrowings are limited by a borrowing base calculation, which did not limit the borrowing capacity at June 30, 2023, December 31, 2022, and June 30, 2022. The Floor Plan Facility includes a flooring line aggregate interest reduction (“FLAIR”) offset account that allows the Company to transfer cash to the Floor Plan Lenders as an offset to the payables under the Floor Plan Facility. These transfers reduce the amount of liability outstanding under the floor plan borrowings that would otherwise accrue interest, while retaining the ability to withdraw amounts from the FLAIR offset account subject to the financial covenants under the Floor Plan Facility. As a result of using the FLAIR offset account, the Company experiences a reduction in floor plan interest expense in its condensed consolidated statements of operations. As of June 30, 2023, December 31, 2022, and June 30, 2022, FR had $133.5 million, $217.7 million, and $277.9 million, respectively, in the FLAIR offset account. The maximum FLAIR percentage of outstanding floor plan borrowings is 35% under the Floor Plan Facility. The FLAIR offset account does not reduce the outstanding amount of loans under the Floor Plan Facility for purposes of determining the unencumbered borrowing capacity under the Floor Plan Facility. Management has determined that the credit agreement governing the Floor Plan Facility includes subjective acceleration clauses, which could impact debt classification. Management believes that no events have occurred at June 30, 2023 that would trigger a subjective acceleration clause. Additionally, the credit agreement governing the Floor Plan Facility contain certain financial covenants. FR was in compliance with all debt covenants at June 30, 2023, December 31, 2022, and June 30, 2022. The following table details the outstanding amounts and available borrowings under the Floor Plan Facility as of June 30, 2023 and December 31, 2022, and June 30, 2022 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ June 30, ​ 2023 2022 2022 Floor Plan Facility ​ ​ ​ ​ ​ ​ ​ ​ ​ Notes payable - floor plan: ​ ​ ​ ​ ​ ​ ​ ​ ​ Total commitment ​ $ 1,700,000 ​ $ 1,700,000 ​ $ 1,700,000 Less: borrowings, net of FLAIR offset account ​ ​ (1,155,356) ​ ​ (1,319,941) ​ ​ (1,000,808) Less: FLAIR offset account ​ ​ (133,483) ​ ​ (217,669) ​ ​ (277,867) Additional borrowing capacity ​ ​ 411,161 ​ ​ 162,390 ​ ​ 421,325 Less: short-term payable for sold inventory (1) ​ ​ (66,624) ​ ​ (33,501) ​ ​ (78,945) Less: purchase commitments (2) ​ ​ (22,039) ​ ​ (43,807) ​ ​ (31,491) Unencumbered borrowing capacity ​ $ 322,498 ​ $ 85,082 ​ $ 310,889 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving line of credit: ​ $ 70,000 ​ $ 70,000 ​ $ 70,000 Less: borrowings ​ ​ (20,885) ​ ​ (20,885) ​ ​ (20,885) Additional borrowing capacity ​ $ 49,115 ​ $ 49,115 ​ $ 49,115 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Letters of credit: ​ ​ ​ ​ ​ ​ ​ ​ ​ Total commitment ​ $ 30,000 ​ $ 30,000 ​ $ 30,000 Less: outstanding letters of credit ​ ​ (11,371) ​ ​ (11,371) ​ ​ (11,500) Additional letters of credit capacity ​ $ 18,629 ​ $ 18,629 ​ $ 18,500 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) The short-term payable represents the amount due for sold inventory. A payment for any floor plan units sold is due within three to ten business days of sale. Due to the short-term nature of these payables, the Company reclassifies the amounts from notes payable‒floor plan, net to accounts payable in the condensed consolidated balance sheets. Changes in the vehicle floor plan payable are reported as cash flows from financing activities in the condensed consolidated statements of cash flows. (2) Purchase commitments represent vehicles approved for floor plan financing where the inventory has not yet been received by the Company from the supplier and no floor plan borrowing is outstanding.

Restructuring and Long-Lived As

Restructuring and Long-Lived Asset Impairment	6 Months Ended
	Jun. 30, 2023
Restructuring and Long-Lived Asset Impairment
Restructuring and Long-Lived Asset Impairment	4. Restructuring and Long-Lived Asset Impairment Restructuring – 2019 Strategic Shift On September 3, 2019, the Board of Directors of CWH approved a plan (the “2019 Strategic Shift”) 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, two distribution centers, and 20 specialty retail locations relating to the 2019 Strategic Shift. As of December 31, 2020, the Company had completed the store closures and divestitures relating to the 2019 Strategic Shift. During the year ended December 31, 2021, the Company completed its analysis of its retail product offerings that are not RV related. As of December 31, 2021, the activities under the 2019 Strategic Shift were completed with the exception of certain lease termination costs and other associated costs relating to the leases of previously closed locations under the 2019 Strategic Shift. The process of identifying subtenants and negotiating lease terminations has been delayed, which initially was in part due to the COVID-19 pandemic, and these delays are expected to continue. The timing of these negotiations will vary as both subleases and terminations are contingent on landlord approvals. The Company expects that most of the remaining leases under the 2019 Strategic Shift will be subleased or terminated by December 31, 2023. The Company currently estimates the total restructuring costs associated with the 2019 Strategic Shift to be in the range of $121.0 million to $129.7 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 were incurred through December 31, 2020; ● lease termination costs of $20.0 million to $27.0 million, of which $19.4 million has been incurred through June 30, 2023; ● incremental inventory reserve charges of $57.4 million, all of which were incurred through December 31, 2021; and ● other associated costs of $42.4 million to $44.1 million, of which $41.0 million has been incurred through June 30, 2023. Through June 30, 2023, the Company has incurred $41.0 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 $1.4 million to $3.1 million represents similar costs that may be incurred through the year ending December 31, 2023 for locations that continue in a wind-down period, primarily comprised of lease costs accounted for under ASC 842, Leases The following table details the costs incurred during the three and six months ended June 30, 2023 and 2022 associated with the 2019 Strategic Shift (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ ​ 2023 2022 2023 2022 2019 Strategic Shift restructuring costs: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Lease termination costs (1) ​ $ — ​ $ 944 ​ $ — ​ $ 1,122 Other associated costs (2) ​ ​ 1,063 ​ ​ 1,854 ​ ​ 2,147 ​ ​ 3,877 Total 2019 Strategic Shift restructuring costs ​ $ 1,063 ​ $ 2,798 ​ $ 2,147 ​ $ 4,999 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) 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. (2) Other associated costs primarily represent lease and other operating expenses incurred during the post-close wind-down period for the locations related to the 2019 Strategic Shift for the periods presented and were included in selling, general, and administrative expenses 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 (2) Total Balance at June 30, 2019 ​ $ — ​ $ — ​ $ — ​ $ — Charged to expense ​ ​ 1,239 ​ ​ 13,532 ​ ​ 31,840 ​ ​ 46,611 Paid or otherwise settled ​ ​ (1,239) ​ ​ (13,532) ​ ​ (30,914) ​ ​ (45,685) Balance at December 31, 2021 ​ ​ — ​ ​ — ​ ​ 926 ​ ​ 926 Charged to expense ​ ​ — ​ ​ 2,023 ​ ​ 3,877 ​ ​ 5,900 Paid or otherwise settled ​ ​ — ​ ​ (2,023) ​ ​ (4,060) ​ ​ (6,083) Balance at June 30, 2022 ​ ​ — ​ ​ — ​ ​ 743 ​ ​ 743 Charged to expense ​ ​ — ​ ​ 4,074 ​ ​ 3,149 ​ ​ 7,223 Paid or otherwise settled ​ ​ — ​ ​ (4,074) ​ ​ (3,023) ​ ​ (7,097) Balance at December 31, 2022 ​ ​ — ​ ​ — ​ ​ 869 ​ ​ 869 Charged to expense ​ ​ — ​ ​ — ​ ​ 2,147 ​ ​ 2,147 Paid or otherwise settled ​ ​ — ​ ​ — ​ ​ (2,007) ​ ​ (2,007) Balance at June 30, 2023 ​ $ — ​ $ — ​ $ 1,009 ​ $ 1,009 (1) Lease termination costs exclude the $7.6 million, $0.9 million and $3.9 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 2.5 years ended December 31, 2021, for the six months ended June 30, 2022, and for the six months ended December 31, 2022, respectively. (2) 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. The Company evaluated the requirements of ASC No. 205-20, Presentation of Financial Statements – Discontinued Operations Restructuring – Active Sports On March 1, 2023, management of the Company determined to implement plans (the “Active Sports Restructuring”) to exit and restructure operations of its indirect subsidiary, Active Sports, LLC, a specialty products retail business (“Active Sports”) as part of its review of underperforming assets and business lines. Upon liquidating a significant amount of inventory and exiting the related distribution centers, the Company reevaluated its exit plan and concluded instead that it would integrate the remaining operations into its existing distribution and fulfillment infrastructure while maintaining lower inventory levels and a smaller fixed cost structure. These plans have resulted in a much smaller operation and included the closure of the specialty retail location. The activities under the Active Sports Restructuring are expected to be substantially completed by December 31, 2023. The total restructuring costs associated with the Active Sports Restructuring are estimated to be in the range of $3.8 million to $4.1 million. The breakdown of the estimated restructuring costs are as follows: ● one-time employee termination benefits relating to the specialty retail store and distribution center closures of $0.2 million, all of which were incurred through June 30, 2023. ● incremental inventory reserve charges of $2.6 million, all of which has been incurred through June 30, 2023; and ● other associated costs of $1.0 million to $1.3 million, of which $0.4 million has been incurred through June 30, 2023. The incremental inventory reserve charges are based, in part, on the Company’s estimates of the discounting necessary to liquidate the Active Sports inventory. However, additional incremental inventory reserve charges may be recorded in future periods if discounting in excess of those estimates is necessary. The following table details the costs incurred during the three and six months ended June 30, 2023 and 2022 associated with the Active Sports Restructuring (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ ​ 2023 2022 2023 2022 Active Sports Restructuring costs: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ One-time termination benefits (1) ​ $ 193 ​ $ — ​ $ 193 ​ $ — Incremental inventory reserve charges (1) ​ ​ 2,646 ​ ​ — ​ ​ 2,646 ​ ​ — Other associated costs (2) ​ ​ 420 ​ ​ — ​ ​ 420 ​ ​ — Total Active Sports Restructuring costs ​ $ 3,259 ​ $ — ​ $ 3,259 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) These costs were included in costs applicable to revenues – products, service and other in the condensed consolidated statements of operations. (2) Other associated costs primarily represent labor, lease and other operating expenses incurred during the post-close wind-down period for the Active Sports Restructuring for the periods presented and were included primarily in selling, general, and administrative expenses in the condensed consolidated statements of operations. ​ The following table details changes in the restructuring accrual associated with the Active Sports Restructuring (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ One-time Other ​ ​ Termination Associated ​ ​ Benefits Costs (1) Total Balance at March 31, 2023 ​ $ — ​ $ — ​ $ — Charged to expense ​ ​ 193 ​ ​ 420 ​ ​ 613 Paid or otherwise settled ​ ​ (193) ​ ​ (420) ​ ​ (613) Balance at June 30, 2023 ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) Other associated costs primarily represent labor, lease and other operating expenses incurred during the post-close wind-down period for the specialty retail location and distribution centers related to the Active Sports Restructuring. ​ Long-Lived Asset Impairment During the three months ended March 31, 2023, the Company recorded an impairment charge totaling $6.6 million related to the Active Sports Restructuring, of which $4.5 million related to intangible assets, and $2.1 million related to other long-lived asset categories. During the three and six months ended June 30, 2023 and the six months ended June 30, 2022, the Company had indicators of impairment of the long-lived assets for certain locations based on the Company’s review of location performance in the normal course of business. As a result of updating certain assumptions in the long-lived asset impairment analysis for these locations, the Company determined that the fair value of certain long-lived assets were below their carrying value and were impaired. The long-lived asset impairment charges were calculated as the amount that the carrying value of these locations exceeded the estimated fair value, except that individual assets cannot be impaired below their individual fair values when that fair value can be determined without undue cost and effort. Estimated fair value is typically based on estimated discounted future cash flows, while property appraisals or market rent analyses are utilized for determining the fair value of certain assets related to properties and leases. The following table details long-lived asset impairment charges by type of long-lived asset and by restructuring activity, all of which relate to the RV and Outdoor Retail segment (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ ​ 2023 2022 2023 2022 Long-lived asset impairment charges by type of long-lived asset: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Leasehold improvements ​ $ — ​ $ 2,557 ​ $ 740 ​ $ 2,557 Operating lease right of use assets ​ ​ 476 ​ ​ — ​ ​ 476 ​ ​ — Furniture and equipment ​ ​ — ​ ​ 61 ​ ​ 329 ​ ​ 61 Software ​ ​ — ​ ​ — ​ ​ 1,362 ​ ​ — Construction in progress and software in development ​ ​ — ​ ​ — ​ ​ 113 ​ ​ — Intangible assets ​ ​ — ​ ​ — ​ ​ 4,501 ​ ​ — Total long-lived asset impairment charges ​ $ 476 ​ $ 2,618 ​ $ 7,521 ​ $ 2,618 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Long-lived asset impairment charges by restructuring activity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2019 Strategic Shift ​ $ — ​ $ — ​ $ — ​ $ — Active Sports Restructuring ​ ​ — ​ ​ — ​ ​ 6,648 ​ ​ — Unrelated to restructuring activities ​ ​ 476 ​ ​ 2,618 ​ ​ 873 ​ ​ 2,618 Total long-lived asset impairment charges ​ $ 476 ​ $ 2,618 ​ $ 7,521 ​ $ 2,618 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Assets Held for Sale

Assets Held for Sale	6 Months Ended
	Jun. 30, 2023
Assets Held for Sale
Assets Held for Sale	5. Assets Held for Sale The Company continually evaluates its portfolio for non-strategic assets and classifies assets and liabilities to be sold (“Disposal Group”) as held for sale in the period in which all specified GAAP criteria are met. Upon determining that a Disposal Group meets the criteria to be classified as held for sale, but does not meet the criteria for discontinued operations, the Company reports the assets and liabilities of the Disposal Group, if material, as separate line items on the condensed consolidated balance sheets and ceases to record depreciation and amortization relating to the Disposal Group. The Company initially measures a Disposal Group that is classified as held for sale at the lower of its carrying value or fair value less any costs to sell. Any loss resulting from this measurement is recognized in the period in which the held for sale criteria are met. Conversely, gains are not recognized on the sale of a Disposal Group until the date of sale. The estimated fair value for Disposal Groups comprised of properties are typically based on appraisals and/or offers from prospective buyers. As of June 30, 2023, two properties from the RV and Outdoor Retail segment, relating to a closed RV dealership and real estate, met the criteria to be classified as held for sale. Additionally, as of June 30, 2023, one of these properties had associated secured borrowings under the Company’s Real Estate Facilities (see Note 7 Long-Term Debt for definition and further details), which will require payment of the associated balance upon sale of the property. The following table presents the components of assets held for sale and liabilities related to assets held for sale at June 30, 2023, December 31, 2022, and June 30, 2022 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ June 30, ​ 2023 2022 2022 Assets held for sale: ​ ​ ​ ​ ​ ​ ​ ​ ​ Property and equipment, net ​ $ 4,635 ​ $ — ​ $ — ​ ​ $ 4,635 ​ $ — ​ $ — Liabilities related to assets held for sale: ​ ​ ​ ​ ​ ​ ​ ​ ​ Current portion of long-term debt ​ $ 206 ​ $ — ​ $ — Long-term debt, net of current portion ​ ​ 3,919 ​ ​ — ​ ​ — ​ ​ $ 4,125 ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2023
Goodwill and Intangible Assets
Goodwill and Intangible Assets	6. Goodwill and Intangible Assets Goodwill The following is a summary of changes in the Company’s goodwill by segment for the six months ended June 30, 2023 and 2022 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam ​ ​ ​ ​ ​ ​ Services and ​ RV and ​ ​ ​ Plans Outdoor Retail Consolidated Balance at December 31, 2021 (excluding impairment charges) ​ $ 70,713 ​ $ 654,758 ​ $ 725,471 Accumulated impairment charges ​ ​ (46,884) ​ ​ (194,953) ​ ​ (241,837) Balance at December 31, 2021 ​ ​ 23,829 ​ ​ 459,805 ​ ​ 483,634 Acquisitions ​ ​ 405 ​ ​ 23,245 ​ ​ 23,650 Balance at June 30, 2022 ​ ​ 24,234 ​ ​ 483,050 ​ ​ 507,284 Acquisitions ​ ​ — ​ ​ 115,139 ​ ​ 115,139 Balance at December 31, 2022 ​ ​ 24,234 ​ ​ 598,189 ​ ​ 622,423 Acquisitions ​ ​ — ​ ​ 33,321 ​ ​ 33,321 Balance at June 30, 2023 ​ $ 24,234 ​ $ 631,510 ​ $ 655,744 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Intangible Assets Finite-lived intangible assets and related accumulated amortization consisted of the following at June 30, 2023, December 31, 2022 and June 30, 2022 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2023 ​ ​ Cost or ​ Accumulated ​ ​ ​ ​ Fair Value Amortization Net Good Sam Services and Plans: ​ ​ ​ ​ ​ ​ ​ ​ ​ Membership, customer lists and other ​ $ 9,640 ​ ​ (9,110) ​ $ 530 Trademarks and trade names ​ ​ 2,132 ​ ​ (166) ​ ​ 1,966 Websites ​ ​ 3,050 ​ ​ (900) ​ ​ 2,150 RV and Outdoor Retail: ​ ​ ​ ​ ​ ​ ​ ​ ​ Customer lists, domain names and other ​ ​ 5,268 ​ ​ (2,936) ​ ​ 2,332 Supplier lists ​ ​ 1,696 ​ ​ (933) ​ ​ 763 Trademarks and trade names ​ ​ 27,251 ​ ​ (20,494) ​ ​ 6,757 Websites ​ ​ 6,032 ​ ​ (5,502) ​ ​ 530 ​ ​ $ 55,069 ​ $ (40,041) ​ $ 15,028 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ Cost or ​ Accumulated ​ ​ ​ ​ Fair Value Amortization Net Good Sam Services and Plans: ​ ​ ​ ​ ​ ​ ​ ​ ​ Membership, customer lists and other ​ $ 9,640 ​ $ (8,971) ​ $ 669 Trademarks and trade names ​ ​ 2,132 ​ ​ (95) ​ ​ 2,037 Websites ​ ​ 3,050 ​ ​ (682) ​ ​ 2,368 RV and Outdoor Retail: ​ ​ ​ ​ ​ ​ ​ ​ ​ Customer lists and domain names ​ ​ 5,626 ​ ​ (2,880) ​ ​ 2,746 Supplier lists ​ ​ 1,696 ​ ​ (763) ​ ​ 933 Trademarks and trade names ​ ​ 29,564 ​ ​ (19,691) ​ ​ 9,873 Websites ​ ​ 7,519 ​ ​ (5,200) ​ ​ 2,319 ​ ​ $ 59,227 ​ $ (38,282) ​ $ 20,945 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ ​ Cost or ​ Accumulated ​ ​ ​ ​ Fair Value Amortization Net Good Sam Services and Plans: ​ ​ ​ ​ ​ ​ ​ ​ ​ Membership, customer lists and other ​ $ 9,640 ​ $ (8,817) ​ $ 823 Trademarks and trade names ​ ​ 2,132 ​ ​ (24) ​ ​ 2,108 Websites ​ ​ 3,050 ​ ​ (441) ​ ​ 2,609 RV and Outdoor Retail: ​ ​ ​ ​ ​ ​ ​ ​ ​ Customer lists and domain names ​ ​ 5,626 ​ ​ (2,590) ​ ​ 3,036 Supplier lists ​ ​ 1,696 ​ ​ (594) ​ ​ 1,102 Trademarks and trade names ​ ​ 29,564 ​ ​ (19,013) ​ ​ 10,551 Websites ​ ​ 7,378 ​ ​ (4,664) ​ ​ 2,714 ​ ​ $ 59,086 ​ $ (36,143) ​ $ 22,943 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ During the first quarter of 2022, the Company recorded $8.8 million of incremental accelerated amortization from the adjustment of the useful lives of certain trademark and trade name intangible assets relating to brands not traditionally associated with RVs that the Company phased out.

Long-Term Debt

Long-Term Debt	6 Months Ended
	Jun. 30, 2023
Long-Term Debt.
Long-Term Debt	7. Long-Term Debt Outstanding long-term debt consisted of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ June 30, ​ 2023 2022 2022 Term Loan Facility (1) ​ $ 1,351,543 ​ $ 1,360,454 ​ $ 1,361,853 Real Estate Facilities (2) ​ ​ 188,449 ​ ​ 145,911 ​ ​ 22,076 Other Long-Term Debt ​ ​ 8,403 ​ ​ 3,280 ​ ​ 3,341 Subtotal ​ ​ 1,548,395 ​ ​ 1,509,645 ​ ​ 1,387,270 Less: current portion ​ ​ (26,766) ​ ​ (25,229) ​ ​ (15,826) Total ​ $ 1,521,629 ​ $ 1,484,416 ​ $ 1,371,444 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) Net of $13.2 million, $14.2 million, and $16.0 million of original issue discount at June 30, 2023, December 31, 2022, and June 30, 2022, respectively, and $5.3 million, $5.8 million, and $6.4 million of finance costs at June 30, 2023, December 31, 2022, and June 30, 2022, respectively. (2) Net of $3.6 million, $3.4 million, and $0.2 million of finance costs at June 30, 2023, December 31, 2022, and June 30, 2022, respectively. ​ Senior Secured Credit Facilities As of June 30, 2023, December 31, 2022, and June 30, 2022, CWGS Group, LLC (the “Borrower”), a wholly-owned subsidiary of CWGS, LLC, was party to a credit agreement (the “Credit Agreement”) for senior secured credit facilities (the “Senior Secured Credit Facilities”). The Senior Secured Credit Facilities consist of a $1.4 billion term loan facility (the “Term Loan Facility”) and a $65.0 million revolving credit facility (the “Revolving Credit Facility”). Under the Senior Secured Credit Facilities, the Company has the ability to request to increase the amount of term loans or revolving loans in an aggregate amount not to exceed the greater of (a) a “fixed” amount set at $725.0 million and (b) 100% of consolidated EBITDA for the most recent four consecutive fiscal quarters on a pro forma basis (as defined in the Credit Agreement). The lenders under the Senior Secured Credit Facilities are not under any obligation to provide commitments in respect of any such increase. The Term Loan Facility requires mandatory principal payments in equal quarterly installments of $3.5 million. The December 31, 2022 principal payment was due in January 2023, since December 31, 2022 was on a Saturday. 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 (as defined by the Credit Agreement) beginning with the year ended December 31, 2022. The Company does not expect that an additional excess cash flow payment will be required relating to 2023. The funds available under the Revolving Credit Facility may be utilized for borrowings or letters of credit; however, a maximum of $25.0 million may be allocated to such letters of credit. The Revolving Credit Facility matures in June 2026 and the Term Loan Facility matures in June 2028. The following table details the outstanding amounts and available borrowings under the Senior Secured Credit Facilities as of (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ June 30, ​ 2023 2022 2022 Senior Secured Credit Facilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ Term Loan Facility: ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal amount of borrowings ​ $ 1,400,000 ​ $ 1,400,000 ​ $ 1,400,000 Less: cumulative principal payments ​ ​ (30,026) ​ ​ (19,515) ​ ​ (16,011) Less: unamortized original issue discount ​ ​ (13,167) ​ ​ (14,224) ​ ​ (15,786) Less: unamortized finance costs ​ ​ (5,264) ​ ​ (5,807) ​ ​ (6,350) ​ ​ ​ 1,351,543 ​ ​ 1,360,454 ​ ​ 1,361,853 Less: current portion ​ ​ (14,015) ​ ​ (14,015) ​ ​ (14,015) Long-term debt, net of current portion ​ $ 1,337,528 ​ $ 1,346,439 ​ $ 1,347,838 Revolving Credit Facility: ​ ​ ​ ​ ​ ​ ​ ​ ​ Total commitment ​ $ 65,000 ​ $ 65,000 ​ $ 65,000 Less: outstanding letters of credit ​ ​ (4,930) ​ ​ (4,930) ​ ​ (4,930) Less: total net leverage ratio borrowing limitation ​ ​ (37,320) ​ ​ — ​ ​ — Additional borrowing capacity ​ $ 22,750 ​ $ 60,070 ​ $ 60,070 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2023, December 31, 2022, and June 30, 2022, the average interest rate on the Term Loan Facility was 7.66%, 6.80%, and 3.82%, respectively, and the effective interest rate was 7.90%, 7.03%, and 4.04%, respectively. 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 payment 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 believes that no events have occurred at June 30, 2023 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 Net 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 is greater than 35% of the total commitment on the Revolving Credit Facility (excluding (i) up to $15.0 million attributable to any outstanding undrawn letters of credit and (ii) any cash collateralized or backstopped letters of credit), as defined in the Credit Agreement. As of June 30, 2023, the Company was not subject to this covenant as borrowings under the Revolving Credit Facility did not exceed the 35% threshold, however the Company’s borrowing capacity was reduced by $37.3 million in light of this covenant. The Company was in compliance with all applicable debt covenants at June 30, 2023, December 31, 2022, and June 30, 2022. Real Estate Facilities On October 27, 2022, subsidiaries of FRHP Lincolnshire, LLC (“FRHP”), an indirect wholly-owned subsidiary of CWGS, LLC, entered into a credit agreement with a syndication of banks for a real estate credit facility (the “M&T Real Estate Facility”) with aggregate maximum principal capacity of $250.0 million with an option that allows FRHP to request an additional $100.0 million of principal capacity. The lenders under the M&T Real Estate Facility are not under any obligation to provide commitments in respect of any such increase. The M&T Real Estate Facility bears interest at FRHP’s option of either (as defined in the credit agreement for the M&T Real Estate Facility): (a) the Secured Overnight Financing Rate (“SOFR”) plus the applicable rate of 2.30% or (b) the highest of (i) the Federal Funds Rate plus 1.80%, (ii) the Prime Rate plus 1.30%, or (iii) SOFR plus 2.30%. The M&T Real Estate Facility has an unused commitment fee of 0.20% of the aggregate unused principal amount and it matures in October 2027. Additionally, the M&T Real Estate Facility is subject to a debt service coverage ratio covenant (as defined in the credit agreement for the M&T Real Estate Facility). All obligations under the M&T Real Estate Facility and the guarantees of those obligations, are secured, subject to certain exceptions, by the mortgaged real property assets. During the six months ended June 30, 2023, FRHP borrowed an additional $59.2 million under the M&T Real Estate Facility. In November 2018, September 2021 and December 2021, Camping World Property, Inc. (the ‘‘Real Estate Borrower’’), an indirect wholly-owned subsidiary of CWGS, LLC, and CIBC Bank USA (“Lender”), entered into loan and security agreements for real estate credit facilities (as amended from time to time, the “First CIBC Real Estate Facility”, the “Second CIBC Real Estate Facility”, and the “Third CIBC Real Estate Facility”, respectively, and collectively the “CIBC Real Estate Facilities”) with aggregate maximum principal capacities of $21.5 million, $9.0 million, and $10.1 million for the First CIBC Real Estate Facility, Second CIBC Real Estate Facility, and Third CIBC Real Estate Facility, respectively. Borrowings under the CIBC Real Estate Facilities are guaranteed by CWGS Group, LLC, a wholly-owned subsidiary of CWGS, LLC. The CIBC Real Estate Facilities may be used to finance the acquisition of real estate assets. The CIBC Real Estate Facilities are secured by a first priority security interest on the real estate assets acquired with the proceeds of the CIBC Real Estate Facilities (“CIBC Real Estate Facility Properties”). In June 2023, the Real Estate Borrower sold one of the CIBC Real Estate Facility Properties located in Franklin, Kentucky, which was secured by the Second CIBC Real Estate Facility. As part of the settlement of the property sale, the outstanding balance of the Second CIBC Real Estate Facility of $7.4 million was repaid by the Real Estate Borrower. The First CIBC Real Estate Facility and Third CIBC Real Estate Facility mature in October 2023 and December 2026, respectively. The following table shows a summary of the outstanding balances, remaining available borrowings, and weighted average interest rate under the M&T Real Estate Facility and the CIBC Real Estate Facilities (collectively the “Real Estate Facilities”) at June 30, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2023 ​ ​ Principal ​ Remaining ​ Wtd. Average (In thousands) Outstanding (1) Available (2) Interest Rate Real Estate Facilities ​ ​ ​ ​ ​ ​ ​ ​ ​ M&T Real Estate Facility ​ $ 179,479 (4) $ 68,394 (3) ​ 7.10% First CIBC Real Estate Facility ​ ​ 3,795 ​ ​ — ​ ​ 7.83% Third CIBC Real Estate Facility ​ ​ 9,300 ​ ​ — ​ ​ 7.58% Less: Amount reclassified to liabilities related to assets held for sale ​ ​ (4,125) ​ ​ — ​ ​ ​ ​ ​ $ 188,449 ​ $ 68,394 ​ ​ ​ (1) Outstanding principal amounts are net of unamortized finance costs. (2) Amounts cannot be reborrowed. (3) Additional borrowings on the M&T Real Estate Facility are subject to a debt service coverage ratio covenant and to the property collateral requirements under the M&T Real Estate Facility. (4) $4.1 million of this amount is classified as liabilities related to assets held for sale (see Note 5 ― Assets Held for Sale). ​ Management has determined that the credit agreements governing the Real Estate Facilities include subjective acceleration clauses, which could impact debt classification. Management believes that no events have occurred at June 30, 2023 that would trigger a subjective acceleration clause. Additionally, the Real Estate Facilities are 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 June 30, 2023, December 31, 2022, and June 30, 2022. Other Long-Term Debt In December 2021, FRHP assumed a mortgage as part of a real estate purchase. This mortgage is secured by the acquired property, is guaranteed by CWGS Group, LLC, a wholly-owned subsidiary of CWGS, LLC and matures in December 2026. In June 2023, FRHP assumed a promissory note as part of a real estate purchase. This note is secured by the acquired property and matures in April 2041. As of June 30, 2023, the outstanding principal balance of these debt instruments was $8.4 million with a weighted average interest rate of 4.27%.

Lease Obligations

Lease Obligations	6 Months Ended
	Jun. 30, 2023
Lease Obligations
Lease Obligations	8. Lease Obligations The following presents certain information related to the costs for leases where the Company is the lessee (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ 2023 2022 2023 2022 Operating lease cost $ 29,376 ​ $ 28,081 ​ $ 58,581 ​ $ 56,577 Finance lease cost: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortization of finance lease assets ​ 2,068 ​ ​ 2,974 ​ ​ (745) ​ ​ 5,665 Interest on finance lease liabilities ​ 1,540 ​ ​ 1,152 ​ ​ 2,939 ​ ​ 2,139 Short-term lease cost ​ 550 ​ ​ 555 ​ ​ 1,064 ​ ​ 1,018 Variable lease cost ​ 6,128 ​ ​ 5,602 ​ ​ 12,417 ​ ​ 11,796 Sublease income ​ (675) ​ ​ (306) ​ ​ (1,332) ​ ​ (699) Net lease costs $ 38,987 ​ $ 38,058 ​ $ 72,924 ​ $ 76,496 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2023, December 31, 2022, and June 30, 2022, finance lease assets of $91.6 million, $88.1 million, and $94.1 million, respectively, were included in property and equipment, net in the accompanying condensed consolidated balance sheets. The following presents supplemental cash flow information related to leases (in thousands): ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, ​ 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: ​ ​ ​ ​ ​ Operating cash flows for operating leases $ 58,227 ​ $ 57,181 Operating cash flows for finance leases ​ 2,934 ​ ​ 2,072 Financing cash flows for finance leases ​ 2,847 ​ ​ 3,042 Lease assets obtained in exchange for lease liabilities: ​ ​ ​ ​ ​ New, remeasured and terminated operating leases ​ 18,872 ​ ​ (8,967) New, remeasured and terminated finance leases ​ 7,700 ​ ​ 24,224 ​ Sale-Leaseback Arrangement Recorded as Financing Transaction On February 8, 2022, FRHP sold three properties for a total sale price of $28.0 million. Concurrent with the sale of these properties, the Company entered into three separate twenty-year lease agreements, whereby the Company will lease back the properties from the acquiring company. Under each lease agreement, FR has four consecutive options to extend the lease term for additional periods of five years for each option. This transaction is accounted for as a financing transaction. The Company recorded a liability for the amount received, will continue to depreciate the non-land portion of the assets, and has imputed an interest rate so that the net carrying amount of the financial liability and remaining non-land assets will be zero at the end of the initial lease terms. The financial liability is included in other long-term liabilities in the condensed consolidated balance sheets.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2023
Fair Value Measurements
Fair Value Measurements	9. Fair Value Measurements Accounting guidance for fair value measurements establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers include Level 1, defined as observable inputs such as quoted prices in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. For floor plan notes payable under the Floor Plan Facility, the amounts reported in the accompanying condensed consolidated balance sheets approximate the fair value due to their short-term nature or the existence of variable interest rates that approximate prevailing market rates. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value ​ June 30, 2023 ​ December 31, 2022 ​ June 30, 2022 ($ in thousands) Measurement Carrying Value Fair Value Carrying Value Fair Value ​ Carrying Value Fair Value Term Loan Facility ​ Level 2 ​ $ 1,351,543 ​ $ 1,383,674 ​ $ 1,360,454 ​ $ 1,394,290 ​ $ 1,361,853 ​ $ 1,397,829 Floor Plan Facility Revolving Line of Credit ​ Level 2 ​ ​ 20,885 ​ ​ 21,327 ​ ​ 20,885 ​ ​ 19,823 ​ ​ 20,885 ​ ​ 17,535 Real Estate Facilities (1) ​ Level 2 ​ ​ 192,574 ​ ​ 200,797 ​ ​ 145,911 ​ ​ 145,664 ​ ​ 22,076 ​ ​ 19,812 Other Long-Term Debt ​ Level 2 ​ ​ 8,403 ​ ​ 6,947 ​ ​ 3,280 ​ ​ 2,944 ​ ​ 3,341 ​ ​ 3,055 ​ (1) The carrying value of Real Estate Facilities at June 30, 2023 includes the $4.1 million reported as liabilities related to assets held for sale in the condensed consolidated balance sheets.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2023
Commitments and Contingencies.
Commitments and Contingencies	10. Commitments and Contingencies Litigation Weissmann Complaint On June 22, 2021, FreedomRoads Holding Company, LLC (“FR Holdco”), an indirect wholly-owned subsidiary of CWGS, LLC, filed a one-count complaint captioned FreedomRoads Holding Company, LLC v. Steve Weissmann in the Circuit Court of Cook County, Illinois against Steve Weissmann (“Weissmann”) for breach of contractual obligation under note guarantee (the “Note”) (the “Weissmann Complaint”). On October 8, 2021, Weissmann brought a counterclaim against FR Holdco and third-party defendants Marcus Lemonis, NBCUniversal Media, LLC, the Consumer National Broadcasting Company, Camping World, Inc. (“CW”), and Machete Productions (“Machete”) (the “Weissmann Counterclaim”), in which he alleges claims in connection with the Note and his appearance on the reality television show The Profit. Weissmann alleges the following causes of action against FR Holdco and all third-party defendants, including CW: (i) fraud; (ii) fraud in the inducement; (iii) fraudulent concealment; (iv) breach of fiduciary duty; (v) defamation; (vi) defamation per se; (vii) false light; (viii) intentional infliction of emotional distress; (ix) negligence; (x) unjust enrichment; and (xi) RICO § 1962. Weissmann seeks costs and damages in an amount to be proven at trial but no less than the amount in the Note (approximately $2.5 million); in connection with his RICO claim, Weissmann asserts he is entitled to damages in the amount of three times the Note. On February 18, 2022, NBCUniversal, CNBC, and Machete filed a motion to compel arbitration (the “NBC Arbitration Motion”). On May 5, 2022, an agreed order was filed staying the litigation in favor of arbitration. On May 31, 2022, FR Holdco filed an arbitration demand against Weissmann for collection on the Note. Weissmann filed his response and counterclaims, and third-party claims against FR Holdco, CW, Marcus Lemonis, NBCUniversal, and Machete on July 7, 2022. On or about July 21, 2022, FR Holdco and the other respondents filed their responses and affirmative defenses. The arbitration hearing has not yet been scheduled. Tumbleweed Complaint On November 10, 2021, Tumbleweed Tiny House Company, Inc. (“Tumbleweed”) filed a complaint against FR Holdco, CW, Marcus Lemonis, NBCUniversal Media, LLC, and Machete Productions in which Tumbleweed alleges claims in connection with the Note and its appearance on the reality television show The Profit (the “Tumbleweed Complaint”), seeking primarily monetary damages. Tumbleweed alleges the following claims against the defendants, including FR Holdco and CW: (i) fraud; (ii) false promise; (iii) breach of fiduciary duty (and aiding and abetting the same); (iv) breach of contract; (v) breach of oral contract; (vi) tortious interference with prospective economic advantage; (vii) fraud in the inducement; (viii) negligent misrepresentation; (ix) fraudulent concealment; (x) conspiracy; (xi) unlawful business practices; (xii) defamation; and (xiii) declaratory judgment. On April 21, 2022, the Court granted a motion to compel arbitration filed by NBCUniversal and joined by all defendants, including FR Holdco, CW, and Marcus Lemonis, compelling Tumbleweed’s claims to arbitration. Tumbleweed served its arbitration demand on FR Holdco, CW, and Marcus Lemonis on May 17, 2022. FR Holdco, CW, and Marcus Lemonis filed responses and affirmative defenses on May 31, 2022. On July 20, 2022, pursuant to the JAMS streamlined arbitration rules, the Tumbleweed Complaint was consolidated together with the Weissmann Complaint. The parties have exchanged initial discovery, but the arbitration hearing has not yet been scheduled. Precise Complaint On May 3, 2022, Lynn E. Feldman, Esquire, in her capacity as the Chapter 7 Trustee (the “Trustee”) for the Estate of Precise Graphix, LLC (the “Precise Estate”) filed a complaint against NBCUniversal Media, LLC, Machete Corporation, and CW in which the Trustee alleges claims on behalf of the Precise Estate in connection with its appearance on The Profit and subsequent commercial relationship with CW (the “Precise Complaint”), seeking primarily monetary damages from CW. The Trustee alleges the following claims against defendants, including CW: (i) fraud; (ii) false promise; (iii) breach of fiduciary duty; (iv) breach of contract; (v) breach of oral contract; (vi) fraud in the inducement; (vii) negligent misrepresentation; (viii) fraudulent concealment; (ix) conspiracy; (x) unlawful business practices in violation of California Business and Professions Code §17200; (xi) aiding and abetting; (xii) breach of fiduciary duty; and (xiii) declaratory judgment. The Trustee did not serve the Precise Complaint on CW. On July 3, 2022, the Precise Estate filed its arbitration demand against CW, NBCUniversal, and Machete alleging substantially similar claims as the Precise Complaint. On April 4, 2023, the Precise Estate’s arbitration demand was tried before a single arbitrator pursuant to the JAMS streamlined arbitration rules in a confidential arbitration hearing. On May 31, 2023, the Arbitration was concluded and an award was entered by the Arbitrator against the Precise Estate in the amount of $7.1 million (the “Final Award”), of which CW would be entitled to $3.7 million. On June 13, 2023, the Trustee filed a notice of appeal of the Final Award with JAMS. On June 29, 2023, CW advanced the Trustee’s portion of the fee required by JAMS to advance the appeal. On July 5, 2023, CW filed an application in the United States Bankruptcy Court for the Eastern District of Pennsylvania (the “USBC”) seeking an order, inter alia, allowing the JAMS fee as an administrative expense of the Precise Estate. On July 14, 2023, the Trustee and respondents, including CW, filed a stipulation and agreed order (the “Stipulation”) as follows: (1) upon approval and entry of the Stipulation, CW’s claim for $3,500 shall be allowed and reimbursed; (2) the Trustee will notify JAMS that she is irrevocably withdrawing and ending her pending appeal of the Final Award; and (3) the Trustee will not dispute the amount of the Final Award. On July 17, 2023, the USBC entered the Stipulation as an order, which became final upon the expiration of the ten (10) day appeal period. General While the outcome of litigation cannot be predicted with certainty, and some of these lawsuits, claims or proceedings may be determined adversely to the Company, management does not believe that the disposition of any such pending matters is likely to have a material adverse effect on the Company’s financial statements. The Company does not have sufficient information to estimate a possible loss or range of possible loss for the matters discussed above. 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. Financial Assurances In the normal course of business, the Company obtains standby letters of credit and surety bonds from financial institutions and other third parties. These instruments guarantee the Company’s future performance and provide third parties with financial and performance assurance in the event that the Company does not perform. These instruments support a wide variety of the Company’s business activities. As of June 30, 2023, December 31, 2022, and June 30, 2022, outstanding standby letters of credit issued through our Floor Plan Facility were $11.4 million, $11.4 million, and $11.5 million, respectively, and outstanding standby letters of credit issued through the Senior Secured Credit Facilities were $4.9 million, $4.9 million, and $4.9 million, respectively (see Note 3 — Inventories and Floor Plan Payables and Note 7 — Long-Term Debt). As of June 30, 2023, December 31, 2022, and June 30, 2022, outstanding surety bonds were $23.4 million, $22.0 million, and $20.5 million, respectively. The underlying liabilities to which these instruments relate are reflected on the Company’s condensed consolidated balance sheets, where applicable. Therefore, no additional liability is reflected for the letters of credit and surety bonds themselves. ​

Statement of Cash Flows

Statement of Cash Flows	6 Months Ended
	Jun. 30, 2023
Statement of Cash Flows
Statement of Cash Flows	11 . Statement of Cash Flows Supplemental disclosures of cash flow information for the following periods (in thousands) were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, ​ 2023 2022 Cash paid during the period for: ​ ​ ​ ​ ​ Interest $ 82,200 ​ $ 41,271 Income taxes ​ 2,323 ​ ​ 28,572 Non-cash investing and financing activities: ​ ​ ​ ​ ​ Vehicles transferred to property and equipment from inventory ​ 161 ​ ​ 927 Capital expenditures in accounts payable and accrued liabilities ​ 7,447 ​ ​ 19,189 Purchase of real property through assumption of other long-term debt ​ 5,185 ​ ​ — Note receivable exchanged for amounts owed by other investment ​ 2,153 ​ ​ — Par value of Class A common stock issued for redemption of common units in CWGS, LLC ​ 20 ​ ​ 1 Cost of treasury stock issued for vested restricted stock units ​ 3,457 ​ ​ 8,547 ​

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2023
Acquisitions
Acquisitions	12. Acquisitions During the six months ended June 30, 2023 and 2022, subsidiaries of the Company acquired the assets of multiple RV dealerships, as well as an outdoor publication during the three months ended June 30, 2022, that constituted businesses under GAAP. The Company used cash and borrowings under its Floor Plan Facility to complete the acquisitions. The Company considers acquisitions of independent dealerships to be a fast and capital efficient alternative to opening new RV dealership locations to expand its business and grow its customer base. Additionally, the Company considered the 2022 acquisition of the outdoor publication as a furtherance of its strategy to target a younger demographic of RV enthusiasts. 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 six months ended June 30, 2023, the RV and Outdoor Retail segment acquired the assets of various RV dealerships comprised of eight locations for an aggregate purchase price of approximately $74.4 million. Separate from these acquisitions, during the six months ended June 30, 2023, the Company purchased real property of $42.2 million, of which $5.2 million was paid through the assumption of the related promissory note (see Note 7 — Long-Term Debt — Other Long-Term Debt). During the six months ended June 30, 2022, the RV and Outdoor Retail segment acquired the assets of various RV dealerships comprised of two locations for an aggregate purchase price of approximately $34.8 million. Also, during the six months ended June 30, 2022, the Good Sam Services and Plans segment acquired the assets of the outdoor publication for $3.4 million. Separate from these acquisitions, during the six months ended June 30, 2022, the Company purchased real property for $28.0 million. The estimated fair values of the assets acquired and liabilities assumed for the acquisitions discussed above consist of the following, net of insignificant measurement period adjustments relating to acquisitions from the respective previous year: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, ($ in thousands) 2023 2022 Tangible assets (liabilities) acquired (assumed): ​ ​ ​ ​ ​ ​ Accounts receivable, net ​ $ — ​ $ (68) Inventories, net ​ ​ 40,391 ​ ​ 11,775 Prepaid expenses and other assets ​ ​ 144 ​ ​ 13 Property and equipment, net ​ ​ 746 ​ ​ 70 Operating lease assets ​ ​ 916 ​ ​ — Accrued liabilities ​ ​ — ​ ​ 67 Current portion of operating lease liabilities ​ ​ (208) ​ ​ — Other current liabilities ​ ​ (188) ​ ​ 49 Operating lease liabilities, net of current portion ​ ​ (708) ​ ​ — Total tangible net assets acquired ​ ​ 41,093 ​ ​ 11,906 Total intangible assets acquired ​ ​ — ​ ​ 2,632 Goodwill ​ ​ 33,321 ​ ​ 23,650 Cash paid for acquisitions, net of cash acquired ​ ​ 74,414 ​ ​ 38,188 Inventory purchases financed via floor plan ​ ​ (31,188) ​ ​ (5,876) Cash payment net of floor plan financing ​ $ 43,226 ​ $ 32,312 ​ ​ ​ ​ ​ ​ ​ ​ For the six months ended June 30, 2023, the fair values above include measurement period adjustments for valuation of acquired inventories relating to dealership acquisitions during the year ended December 31, 2022. The measurement period relating to dealership acquisitions is typically open for twelve months from the acquisition date, primarily for refining the estimate of the fair value of acquired vehicle inventories. 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 six months ended June 30, 2023 and 2022, acquired goodwill of $33.3 million and $23.7 million, respectively, was expected to be deductible for tax purposes. For the six months ended June 30, 2022, the Good Sam Services and Plans segment acquisition of the outdoor publication resulted in the recognition of intangible assets for trademarks and trade names of $2.1 million and other intangible assets of $0.5 million with estimated useful lives of 15 years and 3 years, respectively. Included in the condensed consolidated financial statements for the six months ended June 30, 2023 and 2022 were revenue of $12.8 million and $21.7 million, respectively, and pre-tax loss of $1.1 million and pre-tax income of $1.4 million, respectively, from 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	6 Months Ended
	Jun. 30, 2023
Income Taxes
Income Taxes	13. Income Taxes CWH is organized as a Subchapter C corporation and, as of June 30, 2023, is a 52.6% owner of CWGS, LLC (see Note 16 — Non-Controlling Interests). CWGS, LLC is organized as a limited liability company and treated as a partnership for U.S. federal and most applicable state and local income tax purposes and as such, is generally not subject to any U.S. federal entity-level income taxes. However, certain CWGS, LLC subsidiaries, including Americas Road and Travel Club, Inc. and FreedomRoads RV, Inc. and their wholly-owned subsidiaries, are subject to entity-level taxes as they are Subchapter C corporations (“C-Corps”). LLC Conversion CW, including certain of its subsidiaries, were previously taxable as C-Corps and subject to entity-level taxes. CW had historically generated operating losses for tax purposes. Only losses subject to taxes in certain state jurisdictions were available to offset taxable income generated by the Company’s other businesses. The Company completed the steps necessary to convert CW and certain of its subsidiaries from C-Corps to LLCs with an effective date of January 2, 2023 (the “LLC Conversion”). All required filings for the conversion to LLCs were made by December 31, 2022. Accordingly, the effect of the LLC Conversion was recorded during the year ended December 31, 2022, pursuant to the rules prescribed under ASC 740, Income Taxes During the six months ended June 30, 2023, there was no significant income tax expense recorded relating to the LLC Conversion. Effective Income Tax Rate For the six months ended June 30, 2023, the Company's effective income tax rate was 16.6%, which differed from the federal statutory rate of 21.0% primarily due to state taxes and a portion of the Company’s earnings being attributable to non-controlling interests in limited liability companies, which are not subject to entity level taxes. For the six months ended June 30, 2022, the Company's effective income tax rate was 14.9%, 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 entity level taxes, net of income tax benefits of $0.7 million related to current state combined unitary losses. Additionally, for the six months ended June 30, 2022, the Company reduced its deferred tax asset by $9.4 million relating to CWH’s investment in CWGS, LLC for the change in ownership of CWGS, LLC from the treasury stock repurchase of 2.6 million shares of Class A common stock (see Note 15 — Stockholders’ Equity). These treasury stock repurchases result in a commensurate reduction in common units in CWGS, LLC held by CWH. Tax Receivable Agreement 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 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. On January 1, 2023, giftees of common units that had been gifted by CWGS Holding, LLC, a wholly-owned subsidiary of ML Acquisition Company, LLC, which is indirectly owned by Marcus Lemonis, the Company’s Chairman and Chief Executive Officer, redeemed 2.0 million common units in CWGS, LLC for 2.0 million shares of the Company’s Class A common stock (see Note 16 — Non-Controlling Interests). The increase in deferred tax assets, the non-current portion of the Tax Receivable Agreement liability, and additional paid-in capital resulting from these redemptions was $6.3 million, $5.4 million, and $0.9 million, respectively. Payments pursuant to the Tax Receivable Agreement relating to these redemptions will begin during the year ending December 31, 2024. During the six months ended June 30, 2022, the Tax Receivable Agreement liability and the related Deferred Tax Assets for the Tax Receivable Agreement liability and the investment in CWGS, LLC increased $0.4 million and $0.5 million, respectively, as a result of a Continuing Equity Owner’s redemption of 50,000 common units in CWGS, LLC for 50,000 shares of the Company’s Class A common stock and were recorded to additional paid-in capital (see the condensed consolidated statements of stockholders’ equity). Payments pursuant to the Tax Receivable Agreement relating to this redemption began during the year ending December 31, 2023.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2023
Related Party Transactions
Related Party Transactions	14. Related Party Transactions Transactions with Directors, Equity Holders and Executive Officers FreedomRoads leases various RV dealership locations from managers and officers. During the six months ended June 30, 2023 and 2022, the related party lease expense for these locations was $3.0 million and $1.3 million, respectively, which were included in selling, general, and administrative expenses in the condensed consolidated statements of operations. In January 2012, FreedomRoads entered into a lease for the offices in Lincolnshire, Illinois, which was amended in March 2013, November 2019, October 2020, and October 2021 (the “Lincolnshire Lease”). For the three months ended June 30, 2023 and 2022, rental payments for the Lincolnshire Lease, including common area maintenance charges, were each $0.2 million. For the six months ended June 30, 2023 and 2022, rental payments for the Lincolnshire Lease, including common area maintenance charges, were $0.5 million and $0.4 million, respectively. These rental payments were included in selling, general, and administrative expenses in the condensed consolidated statements of operations. The Company’s Chairman and Chief Executive Officer has personally guaranteed the Lincolnshire Lease. Other Transactions 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 during the six months ended June 30, 2022 for legal services, which were included in selling, general, and administrative expenses in the condensed consolidated statements of operations. ​

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2023
Stockholders' Equity
Stockholders' Equity	15. Stockholders’ Equity Stock Repurchase Program During the six months ended June 30, 2023 and three months ended June 30, 2022, the Company did not repurchase Class A common stock under the stock repurchase program. During the six months ended June 30, 2022, the Company repurchased 2,592,524 shares of Class A common stock under this program for approximately $79.8 million, including commissions paid, at a weighted average price per share of $30.76, which was recorded as treasury stock on the condensed consolidated balance sheets. Class A common stock held as treasury stock is not considered outstanding. During the six months ended June 30, 2023 and 2022, the Company reissued 84,168 and 200,891 shares of Class A common stock from treasury stock, respectively, to settle the exercises of stock options and vesting of restricted stock units. Repurchases under the stock repurchase program are subject to any applicable limitations on the availability of funds to be distributed to the Company by CWGS, LLC to fund repurchases and 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. As of June 30, 2023, the remaining approved amount for repurchases of Class A common stock under the share repurchase program was approximately $120.2 million and the program expires on December 31, 2025.

Non-Controlling Interests

Non-Controlling Interests	6 Months Ended
	Jun. 30, 2023
Non-Controlling Interests
Non-Controlling Interests	16. Non-Controlling Interests 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 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 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). The following table summarizes the CWGS, LLC common unit ownership by CWH and the Continuing Equity Owners: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2023 ​ As of December 31, 2022 ​ As of June 30, 2022 ​ ​ Common Units Ownership % Common Units Ownership % Common Units Ownership % CWH ​ ​ 44,525,108 ​ ​ 52.6% ​ ​ 42,440,940 ​ ​ 50.2% ​ ​ 41,789,323 ​ ​ 49.8% Continuing Equity Owners ​ ​ 40,044,536 ​ ​ 47.4% ​ ​ 42,044,536 ​ ​ 49.8% ​ ​ 42,044,536 ​ ​ 50.2% Total ​ ​ 84,569,644 ​ ​ 100.0% ​ ​ 84,485,476 ​ ​ 100.0% ​ ​ 83,833,859 ​ ​ 100.0% ​ During December 2022, CWGS Holding, LLC, a wholly-owned subsidiary of ML Acquisition Company, LLC, which is indirectly owned by each of Stephen Adams, a former member of the Company’s Board of Directors, and Marcus Lemonis, the Company’s Chairman and Chief Executive Officer gifted 2,000,000 common units of CWGS, LLC in total to a college and hospital (“2022 Common Unit Giftees”), which resulted in the corresponding 2,000,000 shares of Class B common stock being transferred to the 2022 Common Unit Giftees. On January 1, 2023, the 2022 Common Unit Giftees redeemed the 2,000,000 common units of CWGS, LLC for 2,000,000 shares of the Company’s Class A common stock, which also resulted in the cancellation of 2,000,000 shares of the Company’s Class B common stock that had been transferred to the 2022 Common Unit Giftees with no additional consideration provided. The following table summarizes the effects of changes in ownership in CWGS, LLC on the Company’s equity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ($ in thousands) 2023 2022 2023 2022 Net income attributable to Camping World Holdings, Inc. ​ $ 28,703 ​ $ 84,311 ​ $ 31,872 ​ $ 129,041 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 ​ ​ (70) ​ ​ (18) ​ ​ (87) ​ ​ (129) Decrease in additional paid-in capital as a result of the vesting of restricted stock units ​ ​ (1,965) ​ ​ (3,562) ​ ​ (3,069) ​ ​ (7,629) Increase in additional paid-in capital as a result of repurchases of Class A common stock for withholding taxes on vested RSUs ​ ​ 87 ​ ​ 48 ​ ​ 215 ​ ​ 291 Increase in additional paid-in capital as a result of repurchases of Class A common stock for treasury stock ​ ​ — ​ ​ — ​ ​ — ​ ​ 28,398 Increase in additional paid-in capital as a result of the redemption of common units of CWGS, LLC ​ ​ — ​ ​ — ​ ​ 9,673 ​ ​ 416 Change from net income attributable to Camping World Holdings, Inc. and transfers to non-controlling interests ​ $ 26,755 ​ $ 80,779 ​ $ 38,604 ​ $ 150,388 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Equity-Based Compensation Plans

Equity-Based Compensation Plans	6 Months Ended
	Jun. 30, 2023
Equity-Based Compensation Plans
Equity-Based Compensation Plans	17. Equity-Based Compensation Plans The following table summarizes the equity-based compensation that has been included in the following line items within the condensed consolidated statements of operations during: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ($ in thousands) 2023 2022 2023 2022 Equity-based compensation expense: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Costs applicable to revenue ​ $ 222 ​ $ 222 ​ $ 354 ​ $ 363 Selling, general, and administrative ​ ​ 6,270 ​ ​ 8,746 ​ ​ 12,497 ​ ​ 20,279 Total equity-based compensation expense ​ $ 6,492 ​ $ 8,968 ​ $ 12,850 ​ $ 20,642 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The following table summarizes stock option activity for the six months ended June 30, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Stock Options ​ (in thousands) Outstanding at December 31, 2022 ​ ​ 238 Exercised ​ ​ (10) Forfeited ​ ​ (11) Outstanding and exercisable at June 30, 2023 ​ ​ 217 ​ ​ ​ ​ ​ The following table summarizes restricted stock unit activity for the six months ended June 30, 2023: ​ ​ ​ ​ ​ ​ ​ Restricted ​ ​ Stock Units ​ (in thousands) Outstanding at December 31, 2022 ​ ​ 2,549 Granted ​ ​ 303 Vested ​ ​ (99) Forfeited ​ ​ (188) Outstanding at June 30, 2023 ​ ​ 2,565 ​ ​ ​ ​ ​ During the six months ended June 30, 2023, the Company granted 271,922 RSUs to employees with an aggregate grant date fair value of $4.9 million and weighted-average grant date fair value of $18.14 per RSU, which will be recognized, net of forfeitures, over a vesting period of five years. In accordance with the Company’s non-employee director compensation policy, five members of the Company’s Board of Directors each received grants of 6,240 RSUs on the date of the Company’s annual stockholders’ meeting in May 2023 with a grant date fair value of $24.04 per RSU, which will be recognized, net of forfeitures, over a vesting period of one year.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2023
Earnings Per Share
Earnings Per Share	18. Earnings Per Share Basic earnings per share of Class A common stock is computed by dividing net income attributable 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 attributable 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 June 30, ​ Six Months Ended June 30, (In thousands except per share amounts) ​ 2023 2022 2023 2022 Numerator: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 64,723 ​ $ 197,985 ​ $ 69,626 ​ $ 305,284 Less: net income attributable to non-controlling interests ​ ​ (36,020) ​ ​ (113,674) ​ ​ (37,754) ​ ​ (176,243) Net income attributable to Camping World Holdings, Inc. — ​ $ 28,703 ​ $ 84,311 ​ ​ 31,872 ​ ​ 129,041 Add: reallocation of net income attributable to non-controlling interests from the assumed dilutive effect of stock options and RSUs ​ ​ 101 ​ ​ 405 ​ ​ — ​ ​ 738 Add: reallocation of net income attributable to non-controlling interests from the assumed redemption of common units of CWGS, LLC for Class A common stock ​ ​ — ​ ​ — ​ ​ 28,569 ​ ​ — Net income attributable to Camping World Holdings, Inc. — ​ $ 28,804 ​ $ 84,716 ​ $ 60,441 ​ $ 129,779 Denominator: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted-average shares of Class A common stock outstanding — basic ​ ​ 44,490 ​ ​ 41,737 ​ ​ 44,473 ​ ​ 42,640 Dilutive options to purchase Class A common stock ​ ​ 29 ​ ​ 44 ​ ​ 22 ​ ​ 66 Dilutive restricted stock units ​ ​ 285 ​ ​ 358 ​ ​ 243 ​ ​ 465 Dilutive common units of CWGS, LLC that are convertible into Class A common stock ​ ​ — ​ ​ — ​ ​ 40,045 ​ ​ — Weighted-average shares of Class A common stock outstanding — diluted ​ ​ 44,804 ​ ​ 42,139 ​ ​ 84,783 ​ ​ 43,171 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings per share of Class A common stock — basic ​ $ 0.65 ​ $ 2.02 ​ $ 0.72 ​ $ 3.03 Earnings per share of Class A common stock — diluted ​ $ 0.64 ​ $ 2.01 ​ $ 0.71 ​ $ 3.01 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted-average anti-dilutive securities excluded from the computation of diluted earnings per share of Class A common stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Restricted stock units ​ ​ 1,099 ​ ​ 3,256 ​ ​ 1,608 ​ ​ 2,448 Common units of CWGS, LLC that are convertible into Class A common stock ​ ​ 40,045 ​ ​ 42,045 ​ ​ — ​ ​ 42,045 ​ 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 basic and diluted earnings per share of Class B common stock or Class C common stock under the two-class method has not been presented.

Segments Information

Segments Information	6 Months Ended
	Jun. 30, 2023
Segments Information
Segments Information	19. Segments Information 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, 2023 ​ Three Months Ended June 30, 2022 ​ ​ 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 ​ $ 51,132 ​ $ — ​ $ (94) ​ $ 51,038 ​ $ 49,672 ​ $ — ​ $ (79) ​ $ 49,593 New vehicles ​ ​ — ​ ​ 802,503 ​ ​ (1,600) ​ ​ 800,903 ​ ​ — ​ ​ 1,079,223 ​ ​ (1,971) ​ ​ 1,077,252 Used vehicles ​ ​ — ​ ​ 624,291 ​ ​ (1,329) ​ ​ 622,962 ​ ​ — ​ ​ 557,182 ​ ​ (1,224) ​ ​ 555,958 Products, service and other ​ ​ — ​ ​ 247,958 ​ ​ (198) ​ ​ 247,760 ​ ​ — ​ ​ 278,329 ​ ​ (328) ​ ​ 278,001 Finance and insurance, net ​ ​ — ​ ​ 168,021 ​ ​ (1,087) ​ ​ 166,934 ​ ​ — ​ ​ 201,190 ​ ​ (5,783) ​ ​ 195,407 Good Sam Club ​ ​ — ​ ​ 11,124 ​ ​ — ​ ​ 11,124 ​ ​ — ​ ​ 12,421 ​ ​ — ​ ​ 12,421 Total consolidated revenue ​ $ 51,132 ​ $ 1,853,897 ​ $ (4,308) ​ $ 1,900,721 ​ $ 49,672 ​ $ 2,128,345 ​ $ (9,385) ​ $ 2,168,632 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2023 ​ Six Months Ended June 30, 2022 ​ ​ 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 ​ $ 98,095 ​ $ — ​ $ (690) ​ $ 97,405 ​ $ 94,501 ​ $ — ​ $ (349) ​ $ 94,152 New vehicles ​ ​ — ​ ​ 1,450,433 ​ ​ (2,778) ​ ​ 1,447,655 ​ ​ — ​ ​ 1,915,795 ​ ​ (3,584) ​ ​ 1,912,211 Used vehicles ​ ​ — ​ ​ 1,069,978 ​ ​ (2,270) ​ ​ 1,067,708 ​ ​ — ​ ​ 961,000 ​ ​ (2,010) ​ ​ 958,990 Products, service and other ​ ​ — ​ ​ 455,793 ​ ​ (372) ​ ​ 455,421 ​ ​ — ​ ​ 493,547 ​ ​ (573) ​ ​ 492,974 Finance and insurance, net ​ ​ — ​ ​ 298,326 ​ ​ (1,620) ​ ​ 296,706 ​ ​ — ​ ​ 358,973 ​ ​ (10,188) ​ ​ 348,785 Good Sam Club ​ ​ — ​ ​ 22,706 ​ ​ — ​ ​ 22,706 ​ ​ — ​ ​ 23,916 ​ ​ — ​ ​ 23,916 Total consolidated revenue ​ $ 98,095 ​ $ 3,297,236 ​ $ (7,730) ​ $ 3,387,601 ​ $ 94,501 ​ $ 3,753,231 ​ $ (16,704) ​ $ 3,831,028 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ($ in thousands) 2023 2022 2023 2022 Segment income: (1) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam Services and Plans ​ $ 26,840 ​ $ 22,124 ​ $ 50,459 ​ $ 43,296 RV and Outdoor Retail ​ ​ 106,156 ​ ​ 243,485 ​ ​ 138,740 ​ ​ 394,984 Total segment income ​ ​ 132,996 ​ ​ 265,609 ​ ​ 189,199 ​ ​ 438,280 Corporate & other ​ ​ (3,785) ​ ​ (2,615) ​ ​ (7,562) ​ ​ (6,892) Depreciation and amortization ​ ​ (17,206) ​ ​ (17,627) ​ ​ (31,843) ​ ​ (43,162) Other interest expense, net ​ ​ (33,518) ​ ​ (14,935) ​ ​ (64,631) ​ ​ (29,236) Other expense, net ​ ​ (183) ​ ​ (72) ​ ​ (1,683) ​ ​ (295) Income before income taxes ​ $ 78,304 ​ $ 230,360 ​ $ 83,480 ​ $ 358,695 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) Segment income is defined as income from operations before depreciation and amortization plus floor plan interest expense. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ($ in thousands) 2023 2022 2023 2022 Depreciation and amortization: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam Services and Plans ​ $ 774 ​ $ 709 ​ $ 1,726 ​ $ 1,499 RV and Outdoor Retail ​ ​ 16,432 ​ ​ 16,918 ​ ​ 30,117 ​ ​ 41,663 Total depreciation and amortization ​ $ 17,206 ​ $ 17,627 ​ $ 31,843 ​ $ 43,162 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ($ in thousands) 2023 2022 2023 2022 Other interest expense, net: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam Services and Plans ​ $ (54) ​ $ 2 ​ $ (109) ​ $ 2 RV and Outdoor Retail ​ ​ 6,985 ​ ​ 3,175 ​ ​ 12,782 ​ ​ 5,926 Subtotal ​ ​ 6,931 ​ ​ 3,177 ​ ​ 12,673 ​ ​ 5,928 Corporate & other ​ ​ 26,587 ​ ​ 11,758 ​ ​ 51,958 ​ ​ 23,308 Total other interest expense, net ​ $ 33,518 ​ $ 14,935 ​ $ 64,631 ​ $ 29,236 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ June 30, ($ in thousands) 2023 2022 2022 Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam Services and Plans ​ $ 92,453 ​ $ 130,841 ​ $ 82,734 RV and Outdoor Retail ​ ​ 4,538,440 ​ ​ 4,448,354 ​ ​ 4,261,031 Subtotal ​ ​ 4,630,893 ​ ​ 4,579,195 ​ ​ 4,343,765 Corporate & other ​ ​ 172,200 ​ ​ 220,952 ​ ​ 266,536 Total assets ​ $ 4,803,093 ​ $ 4,800,147 ​ $ 4,610,301 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2023
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 a fair statement 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 six months ended June 30, 2023 and 2022 are unaudited. The condensed consolidated balance sheet as of December 31, 2022 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, 2022 filed with the SEC on February 23, 2023. Operating results for interim periods are not necessarily indicative of the results that may be expected for the full year. CWH has sole voting power in and control of the management of CWGS, LLC (see Note 15 — Stockholders’ Equity). CWH’s position as sole managing member of CWGS, LLC includes periods where CWH held a minority economic interest in CWGS, LLC. As of June 30, 2023, December 31, 2022, and June 30, 2022, CWH owned 52.6%, 50.2%, and 49.8%, 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.
Cybersecurity Incident	Cybersecurity Incident The Company relies on the integrity, security and successful functioning of its information technology systems and network infrastructure (collectively, “IT Systems”) across its operations. In February 2022, the Company announced the occurrence of a cybersecurity incident that resulted in the encryption of certain IT Systems and theft of certain data and information (the “Cybersecurity Incident”). The Cybersecurity Incident resulted in the Company’s temporary inability to access certain of its IT Systems, caused by the disabling of some of its IT Systems by the threat actor and the Company temporarily taking certain other IT Systems offline as a precautionary measure. The Company engaged leading outside forensics and cybersecurity experts, launched containment and remediation efforts and a forensic investigation, which was completed as of September 30, 2022. The Company is continuing to take measures to enhance its IT Systems. Through its investigation, the Company identified that personal information of approximately 30,000 individuals was acquired without authorization, including, depending on the individual, dates of birth, Social Security numbers, and driver’s license numbers. The Company complied with notification obligations in accordance with relevant law and is continuing to cooperate with law enforcement. The Company has incurred costs related to investigation, containment, and remediation and expects to continue to incur incremental costs for the remediation of the Cybersecurity Incident, including legal and other professional fees, and investments to enhance the security of its IT Systems. Other actual and potential consequences include, but are not limited to, negative publicity, reputational damage, lost trust with customers, and regulatory enforcement action. In December 2022, three putative class action complaints were filed against the Company and certain of its subsidiaries arising out of the Cybersecurity Incident. On March 30, 2023, the Company and plaintiffs reached an agreement in principle to resolve the putative class action complaints for an immaterial amount subject to the execution of a settlement agreement and court approval. On April 11, 2023, for purposes of effectuating the settlement reached with Company, the original complaints were dismissed and refiled as a combined state court complaint. On June 15, 2023, the parties executed the settlement agreement. On June 28, 2023, the plaintiffs’ attorneys in the combined state court case filed a motion for preliminary approval of the settlement agreement. On July 6, 2023, the judge in the combined state court case set a hearing date of August 10, 2023 for the plaintiffs’ motion for preliminary approval of the settlement agreement. The Company does not expect that the Cybersecurity Incident will cause future disruptions to its business or that the Cybersecurity Incident, including anticipated costs associated with pending litigation, will have a future material impact on its business, results of operations or financial condition.
Seasonality	Seasonality The Company has experienced, and expects to continue to experience, variability in revenue, net income, and cash flows as a result of annual seasonality in its business. Because RVs are used primarily by vacationers and campers, demand for services, protection plans, products, and resources generally declines during the winter season, while sales and profits are generally highest during the spring and summer months. In addition, unusually severe weather conditions in some geographic areas may impact demand. The Company generates a disproportionately higher amount of its annual revenue in its second and third fiscal quarters, which include the spring and summer months. The Company incurs additional expenses in the second and third fiscal quarters due to higher sale volumes, increased staffing in its RV dealership locations and program costs. If, for any reason, the Company miscalculates the demand for its products or its product mix during the second and third fiscal quarters, its sales in these quarters could decline, resulting in higher labor costs as a percentage of gross profit, lower margins and excess inventory, which could cause the Company’s annual results of operations to suffer and its stock price to decline. Additionally, selling, general, and administrative (“SG&A”) expenses as a percentage of gross profit tend to be higher in the first and fourth quarters due to the timing of acquisitions and the seasonality of the Company’s business. The Company prefers to acquire new RV dealership locations in the first and fourth quarters of each year in order to provide time for the location to be remodeled and to ramp up operations ahead of the spring and summer months, but that does not preclude the Company from acquiring new RV dealership locations during the second and third quarters of a year. The timing of the Company’s acquisitions in the first and fourth quarters, coupled with generally lower revenue in these quarters has historically resulted in SG&A expenses as a percentage of gross profit being higher in these quarters. Due to the Company’s seasonality, the possible adverse impact from other risks associated with its business, including atypical weather, consumer spending levels and general business conditions, is potentially greater if any such risks occur during the Company’s peak sales seasons.
Recently Adopted Accounting Pronouncements and Recently Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements In June 2022, the FASB issued ASU 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions. This standard clarifies the guidance in ASC 820 on the fair value measurement of an equity security that is subject to a contractual sale restriction that prohibits the sale of an equity security, and requires specific disclosures related to such an equity security. The standard should be applied prospectively. The standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2023, with early adoption permitted. The Company early adopted ASU 2021-08 as of January 1, 2023 and the adoption did not materially impact its condensed consolidated financial statements. In September 2022, the FASB issued ASU 2022-04, Liabilities―Supplier Finance Programs (Subtopic 405-50): Disclosure of Supplier Finance Program Obligations. This standard requires a buyer in a supplier finance program to disclose qualitative and quantitative information about the program to allow users to understand the program’s nature, activity during the period, changes from period to period and potential magnitude. Most of the disclosures are required only in annual reporting periods, except for the amount of obligation outstanding to be disclosed at each interim reporting period. The standard should be applied retrospectively to each period in which a balance sheet is presented, except for the amendment on rollforward information, which should be applied prospectively. The standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022, except for the disclosure of rollforward information, which is effective for fiscal years beginning after December 15, 2023, with early adoption permitted. As the Company already included many of the required disclosures in the financial statement footnotes prior to issuance, the adoption of the required provisions of this ASU as of January 1, 2023 did not materially impact the Company’s condensed consolidated financial statements. Recently Issued Accounting Pronouncements In March 2023, the FASB issued ASU 2023-01, Leases (Topic 842): Common Control Arrangements. For public companies, this standard requires the amortization of leasehold improvements associated with common control leases over the useful life to the common control group. The standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2023, with early adoption permitted. The Company does not expect that the adoption of the provisions of this ASU will have a material impact on its condensed consolidated financial statements.

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2023
Revenue
Summary of total unsatisfied performance obligation for these revenue streams, that the Company expects to recognize the amounts as revenue	The total unsatisfied performance obligations for these revenue streams at June 30, 2023 and the periods during which the Company expects to recognize the amounts as revenue are presented as follows (in thousands): ​ ​ ​ ​ ​ ​ As of ​ June 30, 2023 2023 $ 60,761 2024 ​ ​ 54,981 2025 ​ ​ 25,580 2026 ​ ​ 13,284 2027 ​ ​ 7,231 Thereafter ​ ​ 4,822 Total ​ $ 166,659 ​ ​ ​ ​

Inventories and Floor Plan Pa_2

Inventories and Floor Plan Payables (Tables)	6 Months Ended
	Jun. 30, 2023
Inventory
Schedule of inventories	Inventories consisted of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ June 30, ​ 2023 2022 2022 Good Sam services and plans ​ $ 565 ​ $ 625 ​ $ 343 New RVs ​ ​ 1,206,493 ​ ​ 1,411,016 ​ ​ 1,329,604 Used RVs ​ ​ 651,396 ​ ​ 464,310 ​ ​ 358,060 Products, parts, accessories and other ​ ​ 218,570 ​ ​ 247,907 ​ ​ 307,789 ​ ​ $ 2,077,024 ​ $ 2,123,858 ​ $ 1,995,796 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
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 June 30, 2023 and December 31, 2022, and June 30, 2022 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ June 30, ​ 2023 2022 2022 Floor Plan Facility ​ ​ ​ ​ ​ ​ ​ ​ ​ Notes payable - floor plan: ​ ​ ​ ​ ​ ​ ​ ​ ​ Total commitment ​ $ 1,700,000 ​ $ 1,700,000 ​ $ 1,700,000 Less: borrowings, net of FLAIR offset account ​ ​ (1,155,356) ​ ​ (1,319,941) ​ ​ (1,000,808) Less: FLAIR offset account ​ ​ (133,483) ​ ​ (217,669) ​ ​ (277,867) Additional borrowing capacity ​ ​ 411,161 ​ ​ 162,390 ​ ​ 421,325 Less: short-term payable for sold inventory (1) ​ ​ (66,624) ​ ​ (33,501) ​ ​ (78,945) Less: purchase commitments (2) ​ ​ (22,039) ​ ​ (43,807) ​ ​ (31,491) Unencumbered borrowing capacity ​ $ 322,498 ​ $ 85,082 ​ $ 310,889 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving line of credit: ​ $ 70,000 ​ $ 70,000 ​ $ 70,000 Less: borrowings ​ ​ (20,885) ​ ​ (20,885) ​ ​ (20,885) Additional borrowing capacity ​ $ 49,115 ​ $ 49,115 ​ $ 49,115 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Letters of credit: ​ ​ ​ ​ ​ ​ ​ ​ ​ Total commitment ​ $ 30,000 ​ $ 30,000 ​ $ 30,000 Less: outstanding letters of credit ​ ​ (11,371) ​ ​ (11,371) ​ ​ (11,500) Additional letters of credit capacity ​ $ 18,629 ​ $ 18,629 ​ $ 18,500 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) The short-term payable represents the amount due for sold inventory. A payment for any floor plan units sold is due within three to ten business days of sale. Due to the short-term nature of these payables, the Company reclassifies the amounts from notes payable‒floor plan, net to accounts payable in the condensed consolidated balance sheets. Changes in the vehicle floor plan payable are reported as cash flows from financing activities in the condensed consolidated statements of cash flows. (2) Purchase commitments represent vehicles approved for floor plan financing where the inventory has not yet been received by the Company from the supplier and no floor plan borrowing is outstanding.

Restructuring and Long-Lived _2

Restructuring and Long-Lived Asset Impairment (Tables)	6 Months Ended
	Jun. 30, 2023
Schedule of long-lived asset impairment charges by type of long-lived asset	The following table details long-lived asset impairment charges by type of long-lived asset and by restructuring activity, all of which relate to the RV and Outdoor Retail segment (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ ​ 2023 2022 2023 2022 Long-lived asset impairment charges by type of long-lived asset: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Leasehold improvements ​ $ — ​ $ 2,557 ​ $ 740 ​ $ 2,557 Operating lease right of use assets ​ ​ 476 ​ ​ — ​ ​ 476 ​ ​ — Furniture and equipment ​ ​ — ​ ​ 61 ​ ​ 329 ​ ​ 61 Software ​ ​ — ​ ​ — ​ ​ 1,362 ​ ​ — Construction in progress and software in development ​ ​ — ​ ​ — ​ ​ 113 ​ ​ — Intangible assets ​ ​ — ​ ​ — ​ ​ 4,501 ​ ​ — Total long-lived asset impairment charges ​ $ 476 ​ $ 2,618 ​ $ 7,521 ​ $ 2,618 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Long-lived asset impairment charges by restructuring activity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2019 Strategic Shift ​ $ — ​ $ — ​ $ — ​ $ — Active Sports Restructuring ​ ​ — ​ ​ — ​ ​ 6,648 ​ ​ — Unrelated to restructuring activities ​ ​ 476 ​ ​ 2,618 ​ ​ 873 ​ ​ 2,618 Total long-lived asset impairment charges ​ $ 476 ​ $ 2,618 ​ $ 7,521 ​ $ 2,618 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
2019 Strategic Shift
Schedule of restructuring expenses incurred	The following table details the costs incurred during the three and six months ended June 30, 2023 and 2022 associated with the 2019 Strategic Shift (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ ​ 2023 2022 2023 2022 2019 Strategic Shift restructuring costs: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Lease termination costs (1) ​ $ — ​ $ 944 ​ $ — ​ $ 1,122 Other associated costs (2) ​ ​ 1,063 ​ ​ 1,854 ​ ​ 2,147 ​ ​ 3,877 Total 2019 Strategic Shift restructuring costs ​ $ 1,063 ​ $ 2,798 ​ $ 2,147 ​ $ 4,999 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) 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. (2) Other associated costs primarily represent lease and other operating expenses incurred during the post-close wind-down period for the locations related to the 2019 Strategic Shift for the periods presented and were included in selling, general, and administrative expenses in the condensed consolidated statements of operations.
Schedule of changes in the restructuring accrual	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 (2) Total Balance at June 30, 2019 ​ $ — ​ $ — ​ $ — ​ $ — Charged to expense ​ ​ 1,239 ​ ​ 13,532 ​ ​ 31,840 ​ ​ 46,611 Paid or otherwise settled ​ ​ (1,239) ​ ​ (13,532) ​ ​ (30,914) ​ ​ (45,685) Balance at December 31, 2021 ​ ​ — ​ ​ — ​ ​ 926 ​ ​ 926 Charged to expense ​ ​ — ​ ​ 2,023 ​ ​ 3,877 ​ ​ 5,900 Paid or otherwise settled ​ ​ — ​ ​ (2,023) ​ ​ (4,060) ​ ​ (6,083) Balance at June 30, 2022 ​ ​ — ​ ​ — ​ ​ 743 ​ ​ 743 Charged to expense ​ ​ — ​ ​ 4,074 ​ ​ 3,149 ​ ​ 7,223 Paid or otherwise settled ​ ​ — ​ ​ (4,074) ​ ​ (3,023) ​ ​ (7,097) Balance at December 31, 2022 ​ ​ — ​ ​ — ​ ​ 869 ​ ​ 869 Charged to expense ​ ​ — ​ ​ — ​ ​ 2,147 ​ ​ 2,147 Paid or otherwise settled ​ ​ — ​ ​ — ​ ​ (2,007) ​ ​ (2,007) Balance at June 30, 2023 ​ $ — ​ $ — ​ $ 1,009 ​ $ 1,009 (1) Lease termination costs exclude the $7.6 million, $0.9 million and $3.9 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 2.5 years ended December 31, 2021, for the six months ended June 30, 2022, and for the six months ended December 31, 2022, respectively. (2) 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.
Active Sports
Schedule of restructuring expenses incurred	The following table details the costs incurred during the three and six months ended June 30, 2023 and 2022 associated with the Active Sports Restructuring (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ ​ 2023 2022 2023 2022 Active Sports Restructuring costs: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ One-time termination benefits (1) ​ $ 193 ​ $ — ​ $ 193 ​ $ — Incremental inventory reserve charges (1) ​ ​ 2,646 ​ ​ — ​ ​ 2,646 ​ ​ — Other associated costs (2) ​ ​ 420 ​ ​ — ​ ​ 420 ​ ​ — Total Active Sports Restructuring costs ​ $ 3,259 ​ $ — ​ $ 3,259 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) These costs were included in costs applicable to revenues – products, service and other in the condensed consolidated statements of operations. (2) Other associated costs primarily represent labor, lease and other operating expenses incurred during the post-close wind-down period for the Active Sports Restructuring for the periods presented and were included primarily in selling, general, and administrative expenses in the condensed consolidated statements of operations.
Schedule of changes in the restructuring accrual	The following table details changes in the restructuring accrual associated with the Active Sports Restructuring (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ One-time Other ​ ​ Termination Associated ​ ​ Benefits Costs (1) Total Balance at March 31, 2023 ​ $ — ​ $ — ​ $ — Charged to expense ​ ​ 193 ​ ​ 420 ​ ​ 613 Paid or otherwise settled ​ ​ (193) ​ ​ (420) ​ ​ (613) Balance at June 30, 2023 ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) Other associated costs primarily represent labor, lease and other operating expenses incurred during the post-close wind-down period for the specialty retail location and distribution centers related to the Active Sports Restructuring.

Assets Held for Sale (Tables)

Assets Held for Sale (Tables)	6 Months Ended
	Jun. 30, 2023
Assets Held for Sale
Components of assets held for sale and liabilities related to assets held for sale	The following table presents the components of assets held for sale and liabilities related to assets held for sale at June 30, 2023, December 31, 2022, and June 30, 2022 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ June 30, ​ 2023 2022 2022 Assets held for sale: ​ ​ ​ ​ ​ ​ ​ ​ ​ Property and equipment, net ​ $ 4,635 ​ $ — ​ $ — ​ ​ $ 4,635 ​ $ — ​ $ — Liabilities related to assets held for sale: ​ ​ ​ ​ ​ ​ ​ ​ ​ Current portion of long-term debt ​ $ 206 ​ $ — ​ $ — Long-term debt, net of current portion ​ ​ 3,919 ​ ​ — ​ ​ — ​ ​ $ 4,125 ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2023
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 six months ended June 30, 2023 and 2022 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam ​ ​ ​ ​ ​ ​ Services and ​ RV and ​ ​ ​ Plans Outdoor Retail Consolidated Balance at December 31, 2021 (excluding impairment charges) ​ $ 70,713 ​ $ 654,758 ​ $ 725,471 Accumulated impairment charges ​ ​ (46,884) ​ ​ (194,953) ​ ​ (241,837) Balance at December 31, 2021 ​ ​ 23,829 ​ ​ 459,805 ​ ​ 483,634 Acquisitions ​ ​ 405 ​ ​ 23,245 ​ ​ 23,650 Balance at June 30, 2022 ​ ​ 24,234 ​ ​ 483,050 ​ ​ 507,284 Acquisitions ​ ​ — ​ ​ 115,139 ​ ​ 115,139 Balance at December 31, 2022 ​ ​ 24,234 ​ ​ 598,189 ​ ​ 622,423 Acquisitions ​ ​ — ​ ​ 33,321 ​ ​ 33,321 Balance at June 30, 2023 ​ $ 24,234 ​ $ 631,510 ​ $ 655,744 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Finite-lived intangible assets and related accumulated amortization	Finite-lived intangible assets and related accumulated amortization consisted of the following at June 30, 2023, December 31, 2022 and June 30, 2022 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2023 ​ ​ Cost or ​ Accumulated ​ ​ ​ ​ Fair Value Amortization Net Good Sam Services and Plans: ​ ​ ​ ​ ​ ​ ​ ​ ​ Membership, customer lists and other ​ $ 9,640 ​ ​ (9,110) ​ $ 530 Trademarks and trade names ​ ​ 2,132 ​ ​ (166) ​ ​ 1,966 Websites ​ ​ 3,050 ​ ​ (900) ​ ​ 2,150 RV and Outdoor Retail: ​ ​ ​ ​ ​ ​ ​ ​ ​ Customer lists, domain names and other ​ ​ 5,268 ​ ​ (2,936) ​ ​ 2,332 Supplier lists ​ ​ 1,696 ​ ​ (933) ​ ​ 763 Trademarks and trade names ​ ​ 27,251 ​ ​ (20,494) ​ ​ 6,757 Websites ​ ​ 6,032 ​ ​ (5,502) ​ ​ 530 ​ ​ $ 55,069 ​ $ (40,041) ​ $ 15,028 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ Cost or ​ Accumulated ​ ​ ​ ​ Fair Value Amortization Net Good Sam Services and Plans: ​ ​ ​ ​ ​ ​ ​ ​ ​ Membership, customer lists and other ​ $ 9,640 ​ $ (8,971) ​ $ 669 Trademarks and trade names ​ ​ 2,132 ​ ​ (95) ​ ​ 2,037 Websites ​ ​ 3,050 ​ ​ (682) ​ ​ 2,368 RV and Outdoor Retail: ​ ​ ​ ​ ​ ​ ​ ​ ​ Customer lists and domain names ​ ​ 5,626 ​ ​ (2,880) ​ ​ 2,746 Supplier lists ​ ​ 1,696 ​ ​ (763) ​ ​ 933 Trademarks and trade names ​ ​ 29,564 ​ ​ (19,691) ​ ​ 9,873 Websites ​ ​ 7,519 ​ ​ (5,200) ​ ​ 2,319 ​ ​ $ 59,227 ​ $ (38,282) ​ $ 20,945 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ ​ Cost or ​ Accumulated ​ ​ ​ ​ Fair Value Amortization Net Good Sam Services and Plans: ​ ​ ​ ​ ​ ​ ​ ​ ​ Membership, customer lists and other ​ $ 9,640 ​ $ (8,817) ​ $ 823 Trademarks and trade names ​ ​ 2,132 ​ ​ (24) ​ ​ 2,108 Websites ​ ​ 3,050 ​ ​ (441) ​ ​ 2,609 RV and Outdoor Retail: ​ ​ ​ ​ ​ ​ ​ ​ ​ Customer lists and domain names ​ ​ 5,626 ​ ​ (2,590) ​ ​ 3,036 Supplier lists ​ ​ 1,696 ​ ​ (594) ​ ​ 1,102 Trademarks and trade names ​ ​ 29,564 ​ ​ (19,013) ​ ​ 10,551 Websites ​ ​ 7,378 ​ ​ (4,664) ​ ​ 2,714 ​ ​ $ 59,086 ​ $ (36,143) ​ $ 22,943 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Jun. 30, 2023
Debt Instrument [Line Items]
Long-Term debt	Outstanding long-term debt consisted of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ June 30, ​ 2023 2022 2022 Term Loan Facility (1) ​ $ 1,351,543 ​ $ 1,360,454 ​ $ 1,361,853 Real Estate Facilities (2) ​ ​ 188,449 ​ ​ 145,911 ​ ​ 22,076 Other Long-Term Debt ​ ​ 8,403 ​ ​ 3,280 ​ ​ 3,341 Subtotal ​ ​ 1,548,395 ​ ​ 1,509,645 ​ ​ 1,387,270 Less: current portion ​ ​ (26,766) ​ ​ (25,229) ​ ​ (15,826) Total ​ $ 1,521,629 ​ $ 1,484,416 ​ $ 1,371,444 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) Net of $13.2 million, $14.2 million, and $16.0 million of original issue discount at June 30, 2023, December 31, 2022, and June 30, 2022, respectively, and $5.3 million, $5.8 million, and $6.4 million of finance costs at June 30, 2023, December 31, 2022, and June 30, 2022, respectively. (2) Net of $3.6 million, $3.4 million, and $0.2 million of finance costs at June 30, 2023, December 31, 2022, and June 30, 2022, respectively. ​
Term Loan Facility
Debt Instrument [Line Items]
Schedule of outstanding amounts and available borrowings	The following table details the outstanding amounts and available borrowings under the Senior Secured Credit Facilities as of (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ June 30, ​ 2023 2022 2022 Senior Secured Credit Facilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ Term Loan Facility: ​ ​ ​ ​ ​ ​ ​ ​ ​ Principal amount of borrowings ​ $ 1,400,000 ​ $ 1,400,000 ​ $ 1,400,000 Less: cumulative principal payments ​ ​ (30,026) ​ ​ (19,515) ​ ​ (16,011) Less: unamortized original issue discount ​ ​ (13,167) ​ ​ (14,224) ​ ​ (15,786) Less: unamortized finance costs ​ ​ (5,264) ​ ​ (5,807) ​ ​ (6,350) ​ ​ ​ 1,351,543 ​ ​ 1,360,454 ​ ​ 1,361,853 Less: current portion ​ ​ (14,015) ​ ​ (14,015) ​ ​ (14,015) Long-term debt, net of current portion ​ $ 1,337,528 ​ $ 1,346,439 ​ $ 1,347,838 Revolving Credit Facility: ​ ​ ​ ​ ​ ​ ​ ​ ​ Total commitment ​ $ 65,000 ​ $ 65,000 ​ $ 65,000 Less: outstanding letters of credit ​ ​ (4,930) ​ ​ (4,930) ​ ​ (4,930) Less: total net leverage ratio borrowing limitation ​ ​ (37,320) ​ ​ — ​ ​ — Additional borrowing capacity ​ $ 22,750 ​ $ 60,070 ​ $ 60,070 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Real Estate Facilities
Debt Instrument [Line Items]
Schedule of outstanding amounts and available borrowings	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2023 ​ ​ Principal ​ Remaining ​ Wtd. Average (In thousands) Outstanding (1) Available (2) Interest Rate Real Estate Facilities ​ ​ ​ ​ ​ ​ ​ ​ ​ M&T Real Estate Facility ​ $ 179,479 (4) $ 68,394 (3) ​ 7.10% First CIBC Real Estate Facility ​ ​ 3,795 ​ ​ — ​ ​ 7.83% Third CIBC Real Estate Facility ​ ​ 9,300 ​ ​ — ​ ​ 7.58% Less: Amount reclassified to liabilities related to assets held for sale ​ ​ (4,125) ​ ​ — ​ ​ ​ ​ ​ $ 188,449 ​ $ 68,394 ​ ​ ​ (1) Outstanding principal amounts are net of unamortized finance costs. (2) Amounts cannot be reborrowed. (3) Additional borrowings on the M&T Real Estate Facility are subject to a debt service coverage ratio covenant and to the property collateral requirements under the M&T Real Estate Facility. (4) $4.1 million of this amount is classified as liabilities related to assets held for sale (see Note 5 ― Assets Held for Sale).

Lease Obligations (Tables)

Lease Obligations (Tables)	6 Months Ended
	Jun. 30, 2023
Lease Obligations
Summary of lease cost	The following presents certain information related to the costs for leases where the Company is the lessee (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ 2023 2022 2023 2022 Operating lease cost $ 29,376 ​ $ 28,081 ​ $ 58,581 ​ $ 56,577 Finance lease cost: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortization of finance lease assets ​ 2,068 ​ ​ 2,974 ​ ​ (745) ​ ​ 5,665 Interest on finance lease liabilities ​ 1,540 ​ ​ 1,152 ​ ​ 2,939 ​ ​ 2,139 Short-term lease cost ​ 550 ​ ​ 555 ​ ​ 1,064 ​ ​ 1,018 Variable lease cost ​ 6,128 ​ ​ 5,602 ​ ​ 12,417 ​ ​ 11,796 Sublease income ​ (675) ​ ​ (306) ​ ​ (1,332) ​ ​ (699) Net lease costs $ 38,987 ​ $ 38,058 ​ $ 72,924 ​ $ 76,496 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of cash flow supplemental information	The following presents supplemental cash flow information related to leases (in thousands): ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, ​ 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: ​ ​ ​ ​ ​ Operating cash flows for operating leases $ 58,227 ​ $ 57,181 Operating cash flows for finance leases ​ 2,934 ​ ​ 2,072 Financing cash flows for finance leases ​ 2,847 ​ ​ 3,042 Lease assets obtained in exchange for lease liabilities: ​ ​ ​ ​ ​ New, remeasured and terminated operating leases ​ 18,872 ​ ​ (8,967) New, remeasured and terminated finance leases ​ 7,700 ​ ​ 24,224

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2023
Fair Value Measurements
Summary of aggregate carrying value and fair value of fixed rate debt	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value ​ June 30, 2023 ​ December 31, 2022 ​ June 30, 2022 ($ in thousands) Measurement Carrying Value Fair Value Carrying Value Fair Value ​ Carrying Value Fair Value Term Loan Facility ​ Level 2 ​ $ 1,351,543 ​ $ 1,383,674 ​ $ 1,360,454 ​ $ 1,394,290 ​ $ 1,361,853 ​ $ 1,397,829 Floor Plan Facility Revolving Line of Credit ​ Level 2 ​ ​ 20,885 ​ ​ 21,327 ​ ​ 20,885 ​ ​ 19,823 ​ ​ 20,885 ​ ​ 17,535 Real Estate Facilities (1) ​ Level 2 ​ ​ 192,574 ​ ​ 200,797 ​ ​ 145,911 ​ ​ 145,664 ​ ​ 22,076 ​ ​ 19,812 Other Long-Term Debt ​ Level 2 ​ ​ 8,403 ​ ​ 6,947 ​ ​ 3,280 ​ ​ 2,944 ​ ​ 3,341 ​ ​ 3,055 ​ (1) The carrying value of Real Estate Facilities at June 30, 2023 includes the $4.1 million reported as liabilities related to assets held for sale in the condensed consolidated balance sheets.

Statement of Cash Flows (Tables

Statement of Cash Flows (Tables)	6 Months Ended
	Jun. 30, 2023
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: ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, ​ 2023 2022 Cash paid during the period for: ​ ​ ​ ​ ​ Interest $ 82,200 ​ $ 41,271 Income taxes ​ 2,323 ​ ​ 28,572 Non-cash investing and financing activities: ​ ​ ​ ​ ​ Vehicles transferred to property and equipment from inventory ​ 161 ​ ​ 927 Capital expenditures in accounts payable and accrued liabilities ​ 7,447 ​ ​ 19,189 Purchase of real property through assumption of other long-term debt ​ 5,185 ​ ​ — Note receivable exchanged for amounts owed by other investment ​ 2,153 ​ ​ — Par value of Class A common stock issued for redemption of common units in CWGS, LLC ​ 20 ​ ​ 1 Cost of treasury stock issued for vested restricted stock units ​ 3,457 ​ ​ 8,547

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2023
Assets Of Multiple Dealership Locations Acquired
Acquisitions
Summary of the purchase price allocations	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, ($ in thousands) 2023 2022 Tangible assets (liabilities) acquired (assumed): ​ ​ ​ ​ ​ ​ Accounts receivable, net ​ $ — ​ $ (68) Inventories, net ​ ​ 40,391 ​ ​ 11,775 Prepaid expenses and other assets ​ ​ 144 ​ ​ 13 Property and equipment, net ​ ​ 746 ​ ​ 70 Operating lease assets ​ ​ 916 ​ ​ — Accrued liabilities ​ ​ — ​ ​ 67 Current portion of operating lease liabilities ​ ​ (208) ​ ​ — Other current liabilities ​ ​ (188) ​ ​ 49 Operating lease liabilities, net of current portion ​ ​ (708) ​ ​ — Total tangible net assets acquired ​ ​ 41,093 ​ ​ 11,906 Total intangible assets acquired ​ ​ — ​ ​ 2,632 Goodwill ​ ​ 33,321 ​ ​ 23,650 Cash paid for acquisitions, net of cash acquired ​ ​ 74,414 ​ ​ 38,188 Inventory purchases financed via floor plan ​ ​ (31,188) ​ ​ (5,876) Cash payment net of floor plan financing ​ $ 43,226 ​ $ 32,312 ​ ​ ​ ​ ​ ​ ​

Non-Controlling Interests (Tabl

Non-Controlling Interests (Tables)	6 Months Ended
	Jun. 30, 2023
Non-Controlling Interests
Schedule of ownership in CWGS, LLC	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2023 ​ As of December 31, 2022 ​ As of June 30, 2022 ​ ​ Common Units Ownership % Common Units Ownership % Common Units Ownership % CWH ​ ​ 44,525,108 ​ ​ 52.6% ​ ​ 42,440,940 ​ ​ 50.2% ​ ​ 41,789,323 ​ ​ 49.8% Continuing Equity Owners ​ ​ 40,044,536 ​ ​ 47.4% ​ ​ 42,044,536 ​ ​ 49.8% ​ ​ 42,044,536 ​ ​ 50.2% Total ​ ​ 84,569,644 ​ ​ 100.0% ​ ​ 84,485,476 ​ ​ 100.0% ​ ​ 83,833,859 ​ ​ 100.0%
Schedule of effects of change in ownership	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ($ in thousands) 2023 2022 2023 2022 Net income attributable to Camping World Holdings, Inc. ​ $ 28,703 ​ $ 84,311 ​ $ 31,872 ​ $ 129,041 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 ​ ​ (70) ​ ​ (18) ​ ​ (87) ​ ​ (129) Decrease in additional paid-in capital as a result of the vesting of restricted stock units ​ ​ (1,965) ​ ​ (3,562) ​ ​ (3,069) ​ ​ (7,629) Increase in additional paid-in capital as a result of repurchases of Class A common stock for withholding taxes on vested RSUs ​ ​ 87 ​ ​ 48 ​ ​ 215 ​ ​ 291 Increase in additional paid-in capital as a result of repurchases of Class A common stock for treasury stock ​ ​ — ​ ​ — ​ ​ — ​ ​ 28,398 Increase in additional paid-in capital as a result of the redemption of common units of CWGS, LLC ​ ​ — ​ ​ — ​ ​ 9,673 ​ ​ 416 Change from net income attributable to Camping World Holdings, Inc. and transfers to non-controlling interests ​ $ 26,755 ​ $ 80,779 ​ $ 38,604 ​ $ 150,388 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Equity-Based Compensation Pla_2

Equity-Based Compensation Plans (Tables)	6 Months Ended
	Jun. 30, 2023
Equity-Based Compensation Plans
Schedule of equity-based compensation expense classified with the consolidated statements of operations	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ($ in thousands) 2023 2022 2023 2022 Equity-based compensation expense: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Costs applicable to revenue ​ $ 222 ​ $ 222 ​ $ 354 ​ $ 363 Selling, general, and administrative ​ ​ 6,270 ​ ​ 8,746 ​ ​ 12,497 ​ ​ 20,279 Total equity-based compensation expense ​ $ 6,492 ​ $ 8,968 ​ $ 12,850 ​ $ 20,642 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Summary of stock option activity	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Stock Options ​ (in thousands) Outstanding at December 31, 2022 ​ ​ 238 Exercised ​ ​ (10) Forfeited ​ ​ (11) Outstanding and exercisable at June 30, 2023 ​ ​ 217 ​ ​ ​ ​
Summary of restricted stock unit activity	​ ​ ​ ​ ​ ​ ​ Restricted ​ ​ Stock Units ​ (in thousands) Outstanding at December 31, 2022 ​ ​ 2,549 Granted ​ ​ 303 Vested ​ ​ (99) Forfeited ​ ​ (188) Outstanding at June 30, 2023 ​ ​ 2,565 ​ ​ ​ ​

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2023
Earnings Per Share
Schedule of reconciliations of the numerators and denominators used to compute basic and diluted earnings	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, (In thousands except per share amounts) ​ 2023 2022 2023 2022 Numerator: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income ​ $ 64,723 ​ $ 197,985 ​ $ 69,626 ​ $ 305,284 Less: net income attributable to non-controlling interests ​ ​ (36,020) ​ ​ (113,674) ​ ​ (37,754) ​ ​ (176,243) Net income attributable to Camping World Holdings, Inc. — ​ $ 28,703 ​ $ 84,311 ​ ​ 31,872 ​ ​ 129,041 Add: reallocation of net income attributable to non-controlling interests from the assumed dilutive effect of stock options and RSUs ​ ​ 101 ​ ​ 405 ​ ​ — ​ ​ 738 Add: reallocation of net income attributable to non-controlling interests from the assumed redemption of common units of CWGS, LLC for Class A common stock ​ ​ — ​ ​ — ​ ​ 28,569 ​ ​ — Net income attributable to Camping World Holdings, Inc. — ​ $ 28,804 ​ $ 84,716 ​ $ 60,441 ​ $ 129,779 Denominator: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted-average shares of Class A common stock outstanding — basic ​ ​ 44,490 ​ ​ 41,737 ​ ​ 44,473 ​ ​ 42,640 Dilutive options to purchase Class A common stock ​ ​ 29 ​ ​ 44 ​ ​ 22 ​ ​ 66 Dilutive restricted stock units ​ ​ 285 ​ ​ 358 ​ ​ 243 ​ ​ 465 Dilutive common units of CWGS, LLC that are convertible into Class A common stock ​ ​ — ​ ​ — ​ ​ 40,045 ​ ​ — Weighted-average shares of Class A common stock outstanding — diluted ​ ​ 44,804 ​ ​ 42,139 ​ ​ 84,783 ​ ​ 43,171 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings per share of Class A common stock — basic ​ $ 0.65 ​ $ 2.02 ​ $ 0.72 ​ $ 3.03 Earnings per share of Class A common stock — diluted ​ $ 0.64 ​ $ 2.01 ​ $ 0.71 ​ $ 3.01 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted-average anti-dilutive securities excluded from the computation of diluted earnings per share of Class A common stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Restricted stock units ​ ​ 1,099 ​ ​ 3,256 ​ ​ 1,608 ​ ​ 2,448 Common units of CWGS, LLC that are convertible into Class A common stock ​ ​ 40,045 ​ ​ 42,045 ​ ​ — ​ ​ 42,045

Segments Information (Tables)

Segments Information (Tables)	6 Months Ended
	Jun. 30, 2023
Segments Information
Reportable segment revenue	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, 2023 ​ Three Months Ended June 30, 2022 ​ ​ 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 ​ $ 51,132 ​ $ — ​ $ (94) ​ $ 51,038 ​ $ 49,672 ​ $ — ​ $ (79) ​ $ 49,593 New vehicles ​ ​ — ​ ​ 802,503 ​ ​ (1,600) ​ ​ 800,903 ​ ​ — ​ ​ 1,079,223 ​ ​ (1,971) ​ ​ 1,077,252 Used vehicles ​ ​ — ​ ​ 624,291 ​ ​ (1,329) ​ ​ 622,962 ​ ​ — ​ ​ 557,182 ​ ​ (1,224) ​ ​ 555,958 Products, service and other ​ ​ — ​ ​ 247,958 ​ ​ (198) ​ ​ 247,760 ​ ​ — ​ ​ 278,329 ​ ​ (328) ​ ​ 278,001 Finance and insurance, net ​ ​ — ​ ​ 168,021 ​ ​ (1,087) ​ ​ 166,934 ​ ​ — ​ ​ 201,190 ​ ​ (5,783) ​ ​ 195,407 Good Sam Club ​ ​ — ​ ​ 11,124 ​ ​ — ​ ​ 11,124 ​ ​ — ​ ​ 12,421 ​ ​ — ​ ​ 12,421 Total consolidated revenue ​ $ 51,132 ​ $ 1,853,897 ​ $ (4,308) ​ $ 1,900,721 ​ $ 49,672 ​ $ 2,128,345 ​ $ (9,385) ​ $ 2,168,632 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2023 ​ Six Months Ended June 30, 2022 ​ ​ 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 ​ $ 98,095 ​ $ — ​ $ (690) ​ $ 97,405 ​ $ 94,501 ​ $ — ​ $ (349) ​ $ 94,152 New vehicles ​ ​ — ​ ​ 1,450,433 ​ ​ (2,778) ​ ​ 1,447,655 ​ ​ — ​ ​ 1,915,795 ​ ​ (3,584) ​ ​ 1,912,211 Used vehicles ​ ​ — ​ ​ 1,069,978 ​ ​ (2,270) ​ ​ 1,067,708 ​ ​ — ​ ​ 961,000 ​ ​ (2,010) ​ ​ 958,990 Products, service and other ​ ​ — ​ ​ 455,793 ​ ​ (372) ​ ​ 455,421 ​ ​ — ​ ​ 493,547 ​ ​ (573) ​ ​ 492,974 Finance and insurance, net ​ ​ — ​ ​ 298,326 ​ ​ (1,620) ​ ​ 296,706 ​ ​ — ​ ​ 358,973 ​ ​ (10,188) ​ ​ 348,785 Good Sam Club ​ ​ — ​ ​ 22,706 ​ ​ — ​ ​ 22,706 ​ ​ — ​ ​ 23,916 ​ ​ — ​ ​ 23,916 Total consolidated revenue ​ $ 98,095 ​ $ 3,297,236 ​ $ (7,730) ​ $ 3,387,601 ​ $ 94,501 ​ $ 3,753,231 ​ $ (16,704) ​ $ 3,831,028 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Reportable segment income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ($ in thousands) 2023 2022 2023 2022 Segment income: (1) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam Services and Plans ​ $ 26,840 ​ $ 22,124 ​ $ 50,459 ​ $ 43,296 RV and Outdoor Retail ​ ​ 106,156 ​ ​ 243,485 ​ ​ 138,740 ​ ​ 394,984 Total segment income ​ ​ 132,996 ​ ​ 265,609 ​ ​ 189,199 ​ ​ 438,280 Corporate & other ​ ​ (3,785) ​ ​ (2,615) ​ ​ (7,562) ​ ​ (6,892) Depreciation and amortization ​ ​ (17,206) ​ ​ (17,627) ​ ​ (31,843) ​ ​ (43,162) Other interest expense, net ​ ​ (33,518) ​ ​ (14,935) ​ ​ (64,631) ​ ​ (29,236) Other expense, net ​ ​ (183) ​ ​ (72) ​ ​ (1,683) ​ ​ (295) Income before income taxes ​ $ 78,304 ​ $ 230,360 ​ $ 83,480 ​ $ 358,695 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (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 June 30, ​ Six Months Ended June 30, ($ in thousands) 2023 2022 2023 2022 Depreciation and amortization: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam Services and Plans ​ $ 774 ​ $ 709 ​ $ 1,726 ​ $ 1,499 RV and Outdoor Retail ​ ​ 16,432 ​ ​ 16,918 ​ ​ 30,117 ​ ​ 41,663 Total depreciation and amortization ​ $ 17,206 ​ $ 17,627 ​ $ 31,843 ​ $ 43,162 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ($ in thousands) 2023 2022 2023 2022 Other interest expense, net: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam Services and Plans ​ $ (54) ​ $ 2 ​ $ (109) ​ $ 2 RV and Outdoor Retail ​ ​ 6,985 ​ ​ 3,175 ​ ​ 12,782 ​ ​ 5,926 Subtotal ​ ​ 6,931 ​ ​ 3,177 ​ ​ 12,673 ​ ​ 5,928 Corporate & other ​ ​ 26,587 ​ ​ 11,758 ​ ​ 51,958 ​ ​ 23,308 Total other interest expense, net ​ $ 33,518 ​ $ 14,935 ​ $ 64,631 ​ $ 29,236
Reportable segment assets	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ June 30, ($ in thousands) 2023 2022 2022 Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ Good Sam Services and Plans ​ $ 92,453 ​ $ 130,841 ​ $ 82,734 RV and Outdoor Retail ​ ​ 4,538,440 ​ ​ 4,448,354 ​ ​ 4,261,031 Subtotal ​ ​ 4,630,893 ​ ​ 4,579,195 ​ ​ 4,343,765 Corporate & other ​ ​ 172,200 ​ ​ 220,952 ​ ​ 266,536 Total assets ​ $ 4,803,093 ​ $ 4,800,147 ​ $ 4,610,301 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Description of Business (Details)				1 Months Ended
	Jun. 30, 2023	Dec. 31, 2022 lawsuit	Jun. 30, 2022	Feb. 28, 2022 individual
Segments Information
Number of individuals whose personal information was acquired without authorization | individual				30,000
Cybersecurity Incident Complaints
Litigation
Number of lawsuits | lawsuit		3
CWGS, LLC
Segments Information
Ownership interest	100%	100%	100%
CWH | CWGS, LLC
Segments Information
Ownership interest	52.60%	50.20%	49.80%

Revenue - Contract Assets (Deta

Revenue - Contract Assets (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Accounts Receivable. | RV Service Center
Capitalized costs
Contract asset	$ 17.3	$ 18.4	$ 18.3

Revenue - Deferred Revenues (De

Revenue - Deferred Revenues (Details) $ in Millions	6 Months Ended
	Jun. 30, 2023 USD ($)
Deferred Revenues
Revenues recognized that were included in the deferred revenue balance	$ 64.1

Revenue - Performance Obligatio

Revenue - Performance Obligation (Details) $ in Thousands	Jun. 30, 2023 USD ($)
Performance obligation
Revenue expected to be recognized	$ 166,659
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-07-01
Performance obligation
Revenue expected to be recognized	$ 60,761
Unsatisfied performance obligation, period	6 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Performance obligation
Revenue expected to be recognized	$ 54,981
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	$ 25,580
Unsatisfied performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Performance obligation
Revenue expected to be recognized	$ 13,284
Unsatisfied performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Performance obligation
Revenue expected to be recognized	$ 7,231
Unsatisfied performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01
Performance obligation
Revenue expected to be recognized	$ 4,822
Unsatisfied performance obligation, period

Inventories and Floor Plan Pa_3

Inventories and Floor Plan Payables - Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Inventories
Inventories	$ 2,077,024	$ 2,123,858	$ 1,995,796
Good Sam Services and Plans
Inventories
Inventories	565	625	343
New RV vehicles
Inventories
Inventories	1,206,493	1,411,016	1,329,604
Used RV vehicles
Inventories
Inventories	651,396	464,310	358,060
Products, parts, accessories and other
Inventories
Inventories	$ 218,570	$ 247,907	$ 307,789

Inventories and Floor Plan Pa_4

Inventories and Floor Plan Payables - Floor Plan Payable (Details) - USD ($) $ in Thousands		6 Months Ended		12 Months Ended
	Jul. 31, 2023	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Maximum | Subsequent Event
Floor Plan Payable
Increase in aggregate amount, accordion	$ 300,000
Floor Plan Facility
Floor Plan Payable
Maximum borrowing capacity		$ 1,700,000	$ 1,700,000	$ 1,700,000
Increase in aggregate amount, accordion		$ 50,000	$ 50,000	$ 50,000
Applicable interest rate (as a percent)		7%	2.93%	6.01%
FLAIR offset account amount		$ 133,483	$ 277,867	$ 217,669
FLAIR Maximum Percentage		35%	35%	35%
Floor Plan Facility | Subsequent Event
Floor Plan Payable
Increase in aggregate amount, accordion	50,000
Floor Plan Facility | Minimum | Subsequent Event
Floor Plan Payable
Increase in aggregate amount, accordion	$ 150,000
Percentage available for used RV inventory	20%
Floor Plan Facility | Maximum
Floor Plan Payable
Increase in aggregate amount, accordion		$ 200,000	$ 200,000	$ 200,000
Floor Plan Facility | Maximum | Subsequent Event
Floor Plan Payable
Maximum borrowing capacity	$ 1,850,000
Percentage available for used RV inventory	30%
Floor Plan Facility | BSBY Rate | Minimum
Floor Plan Payable
Variable rate spread (as a percent)		1.90%	1.90%	1.90%
Floor Plan Facility | BSBY Rate | Maximum
Floor Plan Payable
Variable rate spread (as a percent)		2.50%	2.50%	2.50%
Floor Plan Facility | Base Rate | Minimum
Floor Plan Payable
Variable rate spread (as a percent)		0.40%	0.40%	0.40%
Floor Plan Facility | Base Rate | Maximum
Floor Plan Payable
Variable rate spread (as a percent)		1%	1%	1%
Letters of credit | Floor Plan Facility
Floor Plan Payable
Maximum borrowing capacity		$ 30,000	$ 30,000	$ 30,000
Line of Credit | Floor Plan Facility
Floor Plan Payable
Maximum borrowing capacity		$ 70,000	$ 70,000	$ 70,000
Applicable interest rate (as a percent)		7.35%	3.13%	6.21%
Line of Credit | Floor Plan Facility | BSBY Rate
Floor Plan Payable
Variable rate spread (as a percent)		2.25%	2.25%	2.25%
Line of Credit | Floor Plan Facility | BSBY Rate | In Case of BSBY Rate Loan
Floor Plan Payable
Variable rate spread (as a percent)		0.50%	0.50%	0.50%
Line of Credit | Floor Plan Facility | BSBY Rate | In Case of Base Rate Loan
Floor Plan Payable
Variable rate spread (as a percent)		1.75%	1.75%	1.75%
Line of Credit | Floor Plan Facility | Federal Funds Rate
Floor Plan Payable
Variable rate spread (as a percent)		0.75%	0.75%	0.75%

Inventories and Floor Plan Pa_5

Inventories and Floor Plan Payables - Floor Plan Outstanding (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Minimum
Floor Plan Payable
Floor plan payment due period	3 days	3 days	3 days
Maximum
Floor Plan Payable
Floor plan payment due period	10 days	10 days	10 days
Floor Plan Facility
Floor Plan Payable
Total commitment	$ 1,700,000	$ 1,700,000	$ 1,700,000
Less: borrowings	(1,155,356)	(1,000,808)	(1,319,941)
Less: FLAIR offset account	(133,483)	(277,867)	(217,669)
Additional borrowing capacity	411,161	421,325	162,390
Less: short-term payable for sold inventory	(66,624)	(78,945)	(33,501)
Less: purchase commitments	(22,039)	(31,491)	(43,807)
Unencumbered borrowing capacity	322,498	310,889	85,082
Line of Credit | Floor Plan Facility
Floor Plan Payable
Total commitment	70,000	70,000	70,000
Less: borrowings	(20,885)	(20,885)	(20,885)
Additional borrowing capacity	49,115	49,115	49,115
Letters of credit | Floor Plan Facility
Floor Plan Payable
Total commitment	30,000	30,000	30,000
Less: outstanding letters of credit	(11,371)	(11,500)	(11,371)
Additional letters of credit capacity	$ 18,629	$ 18,500	$ 18,629

Restructuring and Long-Lived _3

Restructuring and Long-Lived Asset Impairment - Narrative (Details) $ in Millions	6 Months Ended	16 Months Ended
	Jun. 30, 2023 USD ($)	Dec. 31, 2020 USD ($) location	Dec. 31, 2021 USD ($)
2019 Strategic Shift
Restructuring cost and accrual
Number of distribution centers closed | location		2
2019 Strategic Shift | Minimum
Restructuring cost and accrual
Expected incurred costs	$ 121
2019 Strategic Shift | Maximum
Restructuring cost and accrual
Expected incurred costs	129.7
2019 Strategic Shift | Labor, lease and other operating expenses
Restructuring cost and accrual
Incurred costs	41
2019 Strategic Shift | Labor, lease and other operating expenses | Minimum
Restructuring cost and accrual
Expected incurred costs	1.4
2019 Strategic Shift | Labor, lease and other operating expenses | Maximum
Restructuring cost and accrual
Expected incurred costs	3.1
2019 Strategic Shift | One-time termination benefits
Restructuring cost and accrual
Expected incurred costs		$ 1.2
2019 Strategic Shift | Lease termination costs
Restructuring cost and accrual
Incurred costs	19.4
2019 Strategic Shift | Lease termination costs | Minimum
Restructuring cost and accrual
Expected incurred costs	20
2019 Strategic Shift | Lease termination costs | Maximum
Restructuring cost and accrual
Expected incurred costs	27
2019 Strategic Shift | Incremental inventory reserve charges
Restructuring cost and accrual
Expected incurred costs			$ 57.4
2019 Strategic Shift | Other associated costs
Restructuring cost and accrual
Incurred costs	41
2019 Strategic Shift | Other associated costs | Minimum
Restructuring cost and accrual
Expected incurred costs	42.4
2019 Strategic Shift | Other associated costs | Maximum
Restructuring cost and accrual
Expected incurred costs	44.1
2019 Strategic Shift | Outdoor Lifestyle Locations
Restructuring cost and accrual
Closed/divested | location		39
2019 Strategic Shift | Specialty Retail locations
Restructuring cost and accrual
Closed/divested | location		20
Active Sports
Restructuring cost and accrual
Impairment charges	6.6
Impairment of Intangible Assets, Finite-Live	4.5
Other Asset Impairment Charges	2.1
Active Sports | Minimum
Restructuring cost and accrual
Expected incurred costs	3.8
Active Sports | Maximum
Restructuring cost and accrual
Expected incurred costs	4.1
Active Sports | One-time termination benefits
Restructuring cost and accrual
Expected incurred costs	0.2
Active Sports | Incremental inventory reserve charges
Restructuring cost and accrual
Expected incurred costs	2.6
Active Sports | Other associated costs
Restructuring cost and accrual
Incurred costs	0.4
Active Sports | Other associated costs | Minimum
Restructuring cost and accrual
Expected incurred costs	1
Active Sports | Other associated costs | Maximum
Restructuring cost and accrual
Expected incurred costs	$ 1.3

Restructuring and Long-Lived _4

Restructuring and Long-Lived Asset Impairment - 2019 Strategic Shift Costs (Details) - 2019 Strategic Shift - USD ($) $ in Thousands	3 Months Ended		6 Months Ended			30 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Restructuring Costs
Charged to expense	$ 1,063	$ 2,798	$ 2,147		$ 4,999
Gain from derecognition of the operating lease assets and liabilities relating to the terminated leases				$ 3,900	900	$ 7,600
One-time termination benefits
Restructuring Costs
Charged to expense						1,239
Paid or otherwise settled						(1,239)
Lease termination costs
Restructuring Costs
Charged to expense				4,074	2,023	13,532
Paid or otherwise settled				(4,074)	(2,023)	(13,532)
Other associated costs
Restructuring Costs
Beginning balance			869	743	926
Charged to expense	1,063	1,854	2,147	3,149	3,877	31,840
Paid or otherwise settled			(2,007)	(3,023)	(4,060)	(30,914)
Ending balance	1,009	743	1,009	869	743	926
Restructuring costs excluding incremental inventory reserve charges
Restructuring Costs
Beginning balance			869	743	926
Charged to expense			2,147	7,223	5,900	46,611
Paid or otherwise settled			(2,007)	(7,097)	(6,083)	(45,685)
Ending balance	$ 1,009	743	$ 1,009	$ 869	743	$ 926
Lease termination charges | Lease termination costs
Restructuring Costs
Charged to expense		$ 944			$ 1,122

Restructuring and Long-Lived _5

Restructuring and Long-Lived Asset Impairment - Active Sports Restructuring (Details) - Active Sports - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Restructuring Costs
Charged to expense	$ 3,259	$ 0	$ 3,259	$ 0
One-time termination benefits
Restructuring Costs
Beginning balance	0
Charged to expense	193	0	193	0
Paid or otherwise settled	(193)
Ending balance	0		0
Incremental inventory reserve charges
Restructuring Costs
Charged to expense	2,646	0	2,646	0
Other associated costs
Restructuring Costs
Beginning balance	0
Charged to expense	420	$ 0	420	$ 0
Paid or otherwise settled	(420)
Ending balance	0		0
Restructuring costs excluding incremental inventory reserve charges
Restructuring Costs
Beginning balance	0
Charged to expense	613
Paid or otherwise settled	(613)
Ending balance	$ 0		$ 0

Restructuring and Long-Lived _6

Restructuring and Long-Lived Asset Impairment - Long-lived Asset Impairment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Long-lived Asset Impairment
Long-lived asset impairment	$ 476	$ 2,618	$ 7,521	$ 2,618
Leasehold improvements
Long-lived Asset Impairment
Long-lived asset impairment		2,557	740	2,557
Operating lease right-of-use assets
Long-lived Asset Impairment
Long-lived asset impairment	476		476
Furniture and equipment
Long-lived Asset Impairment
Long-lived asset impairment		61	329	61
Software
Long-lived Asset Impairment
Long-lived asset impairment			1,362
Construction in progress and software in development
Long-lived Asset Impairment
Long-lived asset impairment			113
Intangible Assets
Long-lived Asset Impairment
Long-lived asset impairment			4,501
Active Sports
Long-lived Asset Impairment
Long-lived asset impairment			6,648
Unrelated to restructuring activities
Long-lived Asset Impairment
Long-lived asset impairment	$ 476	$ 2,618	$ 873	$ 2,618

Assets Held for Sale - Narrativ

Assets Held for Sale - Narrative (Details) - Disposal Group - Properties held for sale	Jun. 30, 2023 property location
Assets held for sale
Number of properties | property	2
Number of properties with associated secured borrowings | location	1

Assets Held for Sale - Assets a

Assets Held for Sale - Assets and Related Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Assets held for sale:
Assets held for sale	$ 4,635	$ 0	$ 0
Liabilities related to assets held for sale:
Liabilities related to assets held for sale	4,125	0	0
Disposal Group | Properties held for sale
Assets held for sale:
Property and equipment, net	4,635	0	0
Assets held for sale	4,635	0	0
Liabilities related to assets held for sale:
Current portion of long-term debt	206	0	0
Long-term debt, net of current portion	3,919	0	0
Liabilities related to assets held for sale	$ 4,125	$ 0	$ 0

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Change in Goodwill (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Goodwill
Balance (excluding impairment charges)				$ 725,471
Accumulated impairment charges				(241,837)
Balance	$ 622,423	$ 507,284	$ 483,634
Acquisitions	33,321	115,139	23,650
Balance	655,744	622,423	507,284
Good Sam Services and Plans
Goodwill
Balance (excluding impairment charges)				70,713
Accumulated impairment charges				(46,884)
Balance	24,234	24,234	23,829
Acquisitions			405
Balance	24,234	24,234	24,234
RV and Outdoor Retail
Goodwill
Balance (excluding impairment charges)				654,758
Accumulated impairment charges				$ (194,953)
Balance	598,189	483,050	459,805
Acquisitions	33,321	115,139	23,245
Balance	$ 631,510	$ 598,189	$ 483,050
Trademarks and trade names | Good Sam Services and Plans
Goodwill
Useful lives (in years)			15 years

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Finite-lived Intangible Assets and Related Accumulated Amortization (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Intangible Assets
Cost or Fair Value		$ 55,069	$ 59,227	$ 59,086
Accumulated Amortization		(40,041)	(38,282)	(36,143)
Net		15,028	20,945	22,943
Good Sam services and plans | Membership, customer lists and other
Intangible Assets
Cost or Fair Value		9,640	9,640	9,640
Accumulated Amortization		(9,110)	(8,971)	(8,817)
Net		530	669	823
Good Sam services and plans | Trademarks and trade names
Intangible Assets
Cost or Fair Value		2,132	2,132	2,132
Accumulated Amortization		(166)	(95)	(24)
Net		1,966	2,037	2,108
Good Sam services and plans | Websites
Intangible Assets
Cost or Fair Value		3,050	3,050	3,050
Accumulated Amortization		(900)	(682)	(441)
Net		2,150	2,368	2,609
RV and Outdoor Retail | Customer lists, domain names and other
Intangible Assets
Cost or Fair Value		5,268
Accumulated Amortization		(2,936)
Net		2,332
RV and Outdoor Retail | Customer lists and domain names
Intangible Assets
Cost or Fair Value			5,626	5,626
Accumulated Amortization			(2,880)	(2,590)
Net			2,746	3,036
RV and Outdoor Retail | Supplier Lists
Intangible Assets
Cost or Fair Value		1,696	1,696	1,696
Accumulated Amortization		(933)	(763)	(594)
Net		763	933	1,102
RV and Outdoor Retail | Trademarks and trade names
Intangible Assets
Cost or Fair Value		27,251	29,564	29,564
Accumulated Amortization		(20,494)	(19,691)	(19,013)
Net		6,757	9,873	10,551
Incremental accelerated amortization expense	$ 8,800
RV and Outdoor Retail | Websites
Intangible Assets
Cost or Fair Value		6,032	7,519	7,378
Accumulated Amortization		(5,502)	(5,200)	(4,664)
Net		$ 530	$ 2,319	$ 2,714

Long-Term Debt - Outstanding lo

Long-Term Debt - Outstanding long term debt (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Long-Term Debt
Long-term debt	$ 1,548,395	$ 1,509,645	$ 1,387,270
Less: current portion	(26,766)	(25,229)	(15,826)
Long-term debt, net of current portion	1,521,629	1,484,416	1,371,444
Term Loan Facility
Long-Term Debt
Long-term debt	1,351,543	1,360,454	1,361,853
Less: current portion	(14,015)	(14,015)	(14,015)
Long-term debt, net of current portion	1,337,528	1,346,439	1,347,838
Unamortized discount	13,167	14,224	15,786
Finance costs	5,264	5,807	6,350
Real Estate Facilities
Long-Term Debt
Long-term debt	188,449	145,911	22,076
Finance costs	3,600	3,400	200
Other Long-Term Debt
Long-Term Debt
Long-term debt	$ 8,403	$ 3,280	$ 3,341

Long-Term Debt - Senior Secured

Long-Term Debt - Senior Secured Credit Facilities (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Jun. 30, 2021
Senior Secured Credit Facilities
Long-Term Debt
Maximum borrowing capacity, increase in capacity		$ 725	$ 725	$ 725
Amount of EBITDA that can be used to increase credit facility (as a percent)	100%	100%	100%	100%
Term Loan Facility
Long-Term Debt
Maximum borrowing capacity	$ 1,400	$ 1,400	$ 1,400	$ 1,400
Effective interest rate (as a percent)	7.90%	7.90%	4.04%	7.03%
Principle payment on Term Loan Facility		$ 3.5	$ 3.5	$ 3.5
Revolving Credit Facility
Long-Term Debt
Maximum borrowing capacity	$ 65	$ 65	$ 65	$ 65
Line of Credit | Term Loan Facility
Long-Term Debt
Prepayment requirement as a percentage of excess cash flow (as a percent)	50%	50%	50%	50%
Letters of credit | Revolving Credit Facility
Long-Term Debt
Maximum borrowing capacity	$ 15	$ 15	$ 15	$ 15	$ 25
The minimum percentage of the aggregate amount of the revolving lenders revolving commitments	35%	35%	35%	35%
Secured Debt | Revolving Credit Facility
Long-Term Debt
Reduction in borrowing capacity	$ 37.3
Secured Debt | Letters of credit | Revolving Credit Facility
Long-Term Debt
The minimum percentage of the aggregate amount of the revolving lenders revolving commitments	35%	35%	35%	35%

Long-Term Debt - Outstanding am

Long-Term Debt - Outstanding amounts and available borrowings under Senior Secured Credit Facilities (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Long-term debt
Long-Term Debt	$ 1,548,395	$ 1,387,270	$ 1,509,645
Less: current portion	(26,766)	(15,826)	(25,229)
Long-term debt, net of current portion	1,521,629	1,371,444	1,484,416
Senior Secured Credit Facilities
Long-term debt
Less: outstanding letters of credit	(4,900)	(4,900)	(4,900)
Term Loan Facility
Long-term debt
Principal amount of borrowings	1,400,000	1,400,000	1,400,000
Less: cumulative principal payments	(30,026)	(16,011)	(19,515)
Less: unamortized original issue discount	(13,167)	(15,786)	(14,224)
Less: unamortized finance costs	(5,264)	(6,350)	(5,807)
Long-Term Debt	1,351,543	1,361,853	1,360,454
Less: current portion	(14,015)	(14,015)	(14,015)
Long-term debt, net of current portion	$ 1,337,528	$ 1,347,838	$ 1,346,439
Average interest rate (as a percent)	7.66%	3.82%	6.80%
Effective interest rate (as a percent)	7.90%	4.04%	7.03%
Revolving Credit Facility
Long-term debt
Principal amount of borrowings	$ 65,000	$ 65,000	$ 65,000
Less: outstanding letters of credit	(4,930)	(4,930)	(4,930)
Less: availability reduction due to Total Leverage Ratio	(37,320)
Additional letters of credit capacity	$ 22,750	$ 60,070	$ 60,070

Long-Term Debt - Real Estate Fa

Long-Term Debt - Real Estate Facilities (Details) - USD ($) $ in Thousands		6 Months Ended
	Oct. 27, 2022	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Nov. 30, 2018
Long-term debt
Revolving line of credit		$ 20,885	$ 20,885	$ 20,885
M & T Real Estate Facility
Long-term debt
Maximum borrowing capacity	$ 250,000
Maximum borrowing capacity, increase in capacity	$ 100,000
Commitment fee (as a percent)	0.20%
Debt instrument face amount		59,200
M & T Real Estate Facility | SOFR
Long-term debt
Variable rate spread (as a percent)	2.30%
M & T Real Estate Facility | Federal Funds Effective Rate
Long-term debt
Variable rate spread (as a percent)	1.80%
M & T Real Estate Facility | Prime Rate
Long-term debt
Variable rate spread (as a percent)	1.30%
First CIBC Real Estate Facility | Secured Debt
Long-term debt
Maximum borrowing capacity							$ 21,500
Second CIBC Real Estate Facility
Long-term debt
Payments of outstanding balance		$ 7,400
Second CIBC Real Estate Facility | Secured Debt
Long-term debt
Maximum borrowing capacity						$ 9,000
Third CIBC Real Estate Facility | Secured Debt
Long-term debt
Maximum borrowing capacity					$ 10,100

Long-Term Debt - Real Estate _2

Long-Term Debt - Real Estate Facilities - Summary (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Debt Instrument [Line Items]
Outstanding notes	$ 1,548,395	$ 1,509,645	$ 1,387,270
Less: Amount reclassified to liabilities related to assets held for sale	(4,125)
Real Estate Facilities
Debt Instrument [Line Items]
Outstanding notes	188,449	$ 145,911	$ 22,076
Remaining Available	68,394
M & T Real Estate Facility
Debt Instrument [Line Items]
Outstanding notes	179,479
Remaining Available	$ 68,394
Wtd. Average Interest Rate	7.10%
First CIBC Real Estate Facility
Debt Instrument [Line Items]
Outstanding notes	$ 3,795
Wtd. Average Interest Rate	7.83%
Third CIBC Real Estate Facility
Debt Instrument [Line Items]
Outstanding notes	$ 9,300
Wtd. Average Interest Rate	7.58%

Long-Term Debt - Other Long-Ter

Long-Term Debt - Other Long-Term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Long-Term Debt
Long-term debt	$ 1,548,395	$ 1,509,645	$ 1,387,270
Other Long-Term Debt
Long-Term Debt
Long-term debt	$ 8,403	$ 3,280	$ 3,341
Weighted average interest rate	4.27%

Lease Obligations - Lease Costs

Lease Obligations - Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Lease costs
Operating lease cost	$ 29,376	$ 28,081	$ 58,581	$ 56,577
Amortization of finance lease assets			(745)
Amortization of finance lease assets	2,068	2,974		5,665
Interest on finance lease liabilities	1,540	1,152	2,939	2,139
Short-term lease cost	550	555	1,064	1,018
Variable lease cost	6,128	5,602	12,417	11,796
Sublease income	(675)	(306)	(1,332)	(699)
Net lease costs	$ 38,987	$ 38,058	$ 72,924	$ 76,496

Lease Obligations - Financial S

Lease Obligations - Financial Statement Line Items (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Lease Obligations
Finance lease assets	$ 91.6	$ 88.1	$ 94.1

Lease Obligations - Supplementa

Lease Obligations - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Lease Obligations
Operating cash flows for operating leases	$ 58,227	$ 57,181
Operating cash flows for finance leases	2,934	2,072
Financing cash flows for finance leases	2,847	3,042
New, remeasured and terminated operating leases	18,872	(8,967)
New, remeasured and terminated finance leases	$ 7,700	$ 24,224

Lease Obligations - Sale-Leaseb

Lease Obligations - Sale-Leaseback Arrangement (Details) $ in Millions	Feb. 08, 2022 USD ($) agreement Options property
Lease Obligations
Number of properties associated in sale leaseback transaction | property	3
Sale price of properties	$ 28
Number of sale-leaseback agreements | agreement	3
Term of sale leaseback transaction	20 years
Number of options to extend sale-leaseback term | Options	4
Extension term of sale leaseback	5 years
Net carrying amount of the financial liability and remaining assets	$ 0

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Fair Value Measurements
Liabilities related to assets held for sale	$ 4,125	$ 0	$ 0
Level 2 | Carrying Value | Term Loan Facility
Fair Value Measurements
Debt instrument	1,351,543	1,360,454	1,361,853
Level 2 | Carrying Value | Floor Plan Facility
Fair Value Measurements
Debt instrument	20,885	20,885	20,885
Level 2 | Carrying Value | Real Estate Facilities
Fair Value Measurements
Debt instrument	192,574	145,911	22,076
Liabilities related to assets held for sale	4,100
Level 2 | Carrying Value | Other Long-Term Debt
Fair Value Measurements
Debt instrument	8,403	3,280	3,341
Level 2 | Fair Value | Term Loan Facility
Fair Value Measurements
Debt instrument	1,383,674	1,394,290	1,397,829
Level 2 | Fair Value | Floor Plan Facility
Fair Value Measurements
Debt instrument	21,327	19,823	17,535
Level 2 | Fair Value | Real Estate Facilities
Fair Value Measurements
Debt instrument	200,797	145,664	19,812
Level 2 | Fair Value | Other Long-Term Debt
Fair Value Measurements
Debt instrument	$ 6,947	$ 2,944	$ 3,055

Commitments and Contingencies -

Commitments and Contingencies - Litigation (Details)	Jul. 14, 2023 USD ($)	May 31, 2023 USD ($)	Oct. 08, 2021 USD ($)	Jul. 17, 2023 D	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)	Jun. 30, 2022 USD ($)	Jun. 22, 2021 lawsuit
Commitments and Contingencies
Surety bonds outstanding					$ 23,400,000	$ 22,000,000	$ 20,500,000
Senior Secured Credit Facilities
Commitments and Contingencies
Letters of Credit Outstanding, Amount					4,900,000	4,900,000	4,900,000
Letters of credit | Floor Plan Facility
Commitments and Contingencies
Letters of Credit Outstanding, Amount					$ 11,371,000	$ 11,371,000	$ 11,500,000
Weissmann
Commitments and Contingencies
Number of lawsuits | lawsuit								1
Precise Complaint
Commitments and Contingencies
Number of day for stipulation order to be become final upon expiration of appeal period | D				10
Damages sought by plaintiff		$ 7,100,000
Amount the Company is entitled to		$ 3,700,000
Litigation fee to be reimbursed	$ 3,500
Minimum | Weissmann
Commitments and Contingencies
Damages sought by plaintiff			$ 2,500,000

Statement of Cash Flows (Detail

Statement of Cash Flows (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash paid during the period for:
Interest	$ 82,200	$ 41,271
Income taxes	2,323	28,572
Non-cash investing and financing activities:
Vehicles transferred to property and equipment from inventory	161	927
Capital expenditures in accounts payable and accrued liabilities	7,447	19,189
Purchase of real property through assumption of other long-term debt	5,185	0
Note receivable exchanged for amounts owed by other investment	2,153	0
Par value of Class A common stock issued for redemption of common units in CWGS, LLC	20	1
Cost of treasury stock issued for vested restricted stock units	$ 3,457	$ 8,547

Acquisitions - General Informat

Acquisitions - General Information (Details) $ in Millions	6 Months Ended
	Jun. 30, 2023 USD ($) location	Jun. 30, 2022 USD ($) location
Acquisitions
Real properties purchased	$ 42.2	$ 28
Assumption of related promissory note	5.2
RV and Outdoor Retail | RV Dealership Groups
Acquisitions
Cash paid for acquisition	$ 74.4	$ 34.8
Number of locations acquired | location	8	2
Good Sam Services and Plans | Outdoor Publication
Acquisitions
Cash paid for acquisition		$ 3.4

Acquisitions - Assets (Liabilit

Acquisitions - Assets (Liabilities) Acquired (Assumed) at Fair Value (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021
Tangible assets (liabilities) acquired (assumed):
Goodwill	$ 655,744	$ 507,284	$ 622,423	$ 483,634
Cash paid for acquisitions, net of cash acquired	74,414	38,188
RV and Outdoor Retail
Tangible assets (liabilities) acquired (assumed):
Goodwill	631,510	483,050	598,189	459,805
RV and Outdoor Retail | 2023 Acquisitions
Tangible assets (liabilities) acquired (assumed):
Accounts receivable, net	0
Inventories, net	40,391
Prepaid expenses and other assets	144
Property and equipment, net	746
Operating lease assets	916
Accrued liabilities	0
Current portion of operating lease liabilities	(208)
Other current liabilities	(188)
Operating lease liabilities, net of current portion	(708)
Total tangible net assets acquired	41,093
Total intangible assets acquired	0
Goodwill	33,321
Cash paid for acquisitions, net of cash acquired	74,414
Inventory purchases financed via floor plan	(31,188)
Cash payment net of floor plan financing	43,226
RV and Outdoor Retail | 2022 Acquisitions
Tangible assets (liabilities) acquired (assumed):
Accounts receivable, net		(68)
Inventories, net		11,775
Prepaid expenses and other assets		13
Property and equipment, net		70
Operating lease assets		0
Accrued liabilities		67
Current portion of operating lease liabilities		0
Other current liabilities		49
Operating lease liabilities, net of current portion		0
Total tangible net assets acquired		11,906
Total intangible assets acquired		2,632
Goodwill		23,650
Cash paid for acquisitions, net of cash acquired		38,188
Inventory purchases financed via floor plan		(5,876)
Cash payment net of floor plan financing		32,312
Good Sam Services and Plans
Tangible assets (liabilities) acquired (assumed):
Goodwill	$ 24,234	$ 24,234	$ 24,234	$ 23,829

Acquisitions - Goodwill, Revenu

Acquisitions - Goodwill, Revenue and Pre-Tax (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Assets Or Stock Of Multiple Dealership Locations Acquired [Member]
Acquisitions
Goodwill for tax purposes	$ 33.3	$ 23.7
Revenue	12.8	21.7
Pre-tax income (loss)	$ (1.1)	1.4
Good Sam Services and Plans | Trademarks and trade names
Acquisitions
Intangible assets		$ 2.1
Useful lives (in years)		15 years
Good Sam Services and Plans | Other intangible assets
Acquisitions
Intangible assets		$ 0.5
Useful lives (in years)		3 years

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands					3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jan. 01, 2023	Dec. 31, 2022	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2023	Jun. 30, 2022
Total Tax Impact of LLC Conversion						$ 0
Effective tax rate (as a percent)						16.60%	14.90%
Valuation allowance on deferred tax assets							$ 700
Federal income tax rate (as a percent)						21%	21%
Payment, as percent of tax benefits (as a percent)						85%
Current portion of liabilities under tax receivable agreement	$ 13,999		$ 10,873	$ 11,686	$ 13,999	$ 13,999	$ 11,686
Common units redemption							50,000
Number of units redeemed				50,000			50,000
Increase in tax receivable agreement liability							$ 400
Increase Decrease In Deferred Tax Asset Due To Tax Receivable Agreement.							500
Increase in net deferred tax assets due to payments under tax receivable agreement		$ 6,300
Decrease in deferred tax assets							$ 9,400
Increase in non-current portion of Tax Receivable Agreement liability		5,400
Increase in additional paid-in capital		$ 900
Class A common stock
Shares repurchased (in shares)					0	0	2,592,524
CWGS, LLC | Class A common stock
Units redeemed		2,000,000
Tax receivable agreement | Chief Executive Officer | Related party | CWGS, LLC
Number of units redeemed		2,000,000
CWGS, LLC
Ownership interest	100%		100%	100%
CWH | CWGS, LLC
Ownership interest	52.60%		50.20%	49.80%

Related Party Transactions (Det

Related Party Transactions (Details) - Related Party [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Related Party Agreement | Andris A. Baltins
Related party transactions
Related party expense				$ 0.1
FreedomRoads | Lease Agreement | Mr. Lemonis
Related party transactions
Related party expense	$ 0.2	$ 0.2	$ 0.5	0.4
FreedomRoads | Lease Agreement | Managers and Officers
Related party transactions
Related party expense			$ 3	$ 1.3

Stockholders' Equity - Common S

Stockholders' Equity - Common Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2023	Jun. 30, 2022
Stock Repurchase Program
Authorized amount for stock repurchase program	$ 120,200	$ 120,200
Payment for share repurchased		$ 0	$ 79,757
Class A common stock
Stock Repurchase Program
Shares repurchased (in shares)	0	0	2,592,524
Payment for share repurchased			$ 79,800
Weighted average price (per share)			$ 30.76
Stock award to employee (In shares)		84,168	200,891

Non-Controlling Interests - Own

Non-Controlling Interests - Ownership In CWGS, LLC (Details) - CWGS, LLC - shares	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Non-Controlling Interests
Units held	84,569,644	84,485,476	83,833,859
Ownership interest	100%	100%	100%
CWH
Non-Controlling Interests
Units held	44,525,108	42,440,940	41,789,323
Ownership interest	52.60%	50.20%	49.80%
Continuing Equity Owners
Non-Controlling Interests
Units held	40,044,536	42,044,536	42,044,536
Ownership interest	47.40%	49.80%	50.20%

Non-Controlling Interests - Cha

Non-Controlling Interests - Changes in Ownership in CWGS, LLC (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended		12 Months Ended
	Jan. 01, 2023	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Non-Controlling Interests
Number of units redeemed			50,000		50,000
Summarizes the effects of change in ownership:
Net income attributable to Camping World Holdings, Inc.		$ 28,703	$ 84,311	$ 31,872	$ 129,041
Transfers to non-controlling interests:
Change from net income attributable to Camping World Holdings, Inc. and transfers to non-controlling interests		26,755	80,779	38,604	150,388
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		(70)	(18)	(87)	(129)
Decrease in additional paid-in capital as a result of the vesting of restricted stock units		(1,965)	(3,562)	(3,069)	(7,629)
Increase in additional paid-in capital as a result of repurchases of Class A common stock for withholding taxes on vested RSUs		87	$ 48	215	291
Increase in additional paid-in capital as a result of repurchases of Class A common stock for treasury stock		0			28,398
Increase in additional paid-in capital as a result of the redemption of common units of CWGS, LLC		$ 0		9,673	$ 416
Common Unit Giftees
Non-Controlling Interests
Number of shares gifted						2,000,000
Additional consideration				$ 0
Common Unit Giftees | Class A common stock
Non-Controlling Interests
Number of units redeemed	2,000,000
Class A common stock issued in exchange for common units in CWGS, LLC	2,000,000
Common Unit Giftees | Class B common stock
Non-Controlling Interests
Number of shares issued						2,000,000
Shares cancelled	2,000,000

Equity-Based Compensation Pla_3

Equity-Based Compensation Plans - Summary of Equity-Based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Equity-based compensation expense:
Equity based compensation expense	$ 6,492	$ 8,968	$ 12,850	$ 20,642
Costs applicable to revenue
Equity-based compensation expense:
Equity based compensation expense	222	222	354	363
Selling, general, and administrative
Equity-based compensation expense:
Equity based compensation expense	$ 6,270	$ 8,746	$ 12,497	$ 20,279

Equity-Based Compensation Pla_4

Equity-Based Compensation Plans - Stock Options (Details) - Employee Stock Option [Member] - shares shares in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Stock Options
Outstanding at December 31, 2022 (in shares)		238
Exercised (in shares)	(10)
Forfeited (in shares)	(11)
Outstanding and exercisable at March 31, 2023 (in shares)	217

Equity-Based Compensation Pla_5

Equity-Based Compensation Plans - Restricted Stock Units (Details) - Restricted Stock Units (RSUs) $ / shares in Units, $ in Millions	1 Months Ended	6 Months Ended
	May 31, 2023 director $ / shares shares	Jun. 30, 2023 USD ($) $ / shares shares
Restricted Stock Units
Outstanding at December 31, 2022 (in shares)		2,549,000
Granted (in shares)		303,000
Vested (in shares)		(99,000)
Forfeited (in shares)		(188,000)
Outstanding at March 31, 2023 (shares)		2,565,000
Employees
Restricted Stock Units
Granted (in shares)		271,922
Grant date fair value (in dollars) | $		$ 4.9
Weighted Average Grant Date Fair Value
Weighted average grant date fair value (per share) | $ / shares		$ 18.14
Employees | Maximum
Restricted Stock Units
Vesting period		5 years
Non-employee Directors
Share-based Compensation Plans
Number of non-employee directors | director	5
Grant date fair value (per unit) | $ / shares	$ 24.04
Restricted Stock Units
Granted (in shares)	6,240
Vesting period	1 year
Weighted Average Grant Date Fair Value
Granted (per share) | $ / shares	$ 24.04

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022
Numerator:
Net income	$ 64,723	$ 4,903	$ 197,985	$ 107,299	$ 69,626	$ 305,284
Less: net income attributable to non-controlling interests	(36,020)		(113,674)		(37,754)	(176,243)
Net income attributable to Camping World Holdings, Inc. - basic	28,703		84,311		31,872	129,041
Add: reallocation of net income attributable to non-controlling interests from the assumed dilutive effect of stock options and RSUs	101		405		0	738
Add: reallocation of net income attributable to non-controlling interests from the assumed redemption of common units of CWGS, LLC for Class A common stock	0		0		28,569	0
Net income attributable to Camping World Holdings, Inc. - diluted	$ 28,804		$ 84,716		$ 60,441	$ 129,779
Restricted Stock Units (RSUs)
Denominator:
Weighted-average antidilutive securities excluded from the computation of diluted earnings per share of Class A stock	1,099		3,256		1,608	2,448
Class A common stock
Denominator:
Weighted-average shares of Class A common stock outstanding - basic	44,490		41,737		44,473	42,640
Dilutive options to purchase Class A common stock	29		44		22	66
Dilutive restricted stock units	285		358		243	465
Dilutive common units of CWGS, LLC that are convertible into Class A common stock	0		0		40,045	0
Weighted-average shares of Class A common stock outstanding - diluted	44,804		42,139		84,783	43,171
Earnings per share of Class A common stock - basic	$ 0.65		$ 2.02		$ 0.72	$ 3.03
Earnings per share of Class A common stock - diluted	$ 0.64		$ 2.01		$ 0.71	$ 3.01
CWGS, LLC | Common Units
Denominator:
Weighted-average antidilutive securities excluded from the computation of diluted earnings per share of Class A stock	40,045		42,045		0	42,045

Segments Information - Revenue

Segments Information - Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segments Information
Revenue	$ 1,900,721	$ 2,168,632	$ 3,387,601	$ 3,831,028
Intersegment Eliminations
Segments Information
Revenue	(4,308)	(9,385)	(7,730)	(16,704)
Good Sam Services and Plans
Segments Information
Revenue	51,038	49,593	97,405	94,152
Good Sam Services and Plans | Intersegment Eliminations
Segments Information
Revenue	(94)	(79)	(690)	(349)
New vehicles
Segments Information
Revenue	800,903	1,077,252	1,447,655	1,912,211
New vehicles | Intersegment Eliminations
Segments Information
Revenue	(1,600)	(1,971)	(2,778)	(3,584)
Used vehicles
Segments Information
Revenue	622,962	555,958	1,067,708	958,990
Used vehicles | Intersegment Eliminations
Segments Information
Revenue	(1,329)	(1,224)	(2,270)	(2,010)
Products, service and other
Segments Information
Revenue	247,760	278,001	455,421	492,974
Products, service and other | Intersegment Eliminations
Segments Information
Revenue	(198)	(328)	(372)	(573)
Finance and insurance, net
Segments Information
Revenue	166,934	195,407	296,706	348,785
Finance and insurance, net | Intersegment Eliminations
Segments Information
Revenue	(1,087)	(5,783)	(1,620)	(10,188)
Good Sam Club
Segments Information
Revenue	11,124	12,421	22,706	23,916
Good Sam Services and Plans | Operating Segments
Segments Information
Revenue	51,132	49,672	98,095	94,501
Good Sam Services and Plans | Good Sam Services and Plans | Operating Segments
Segments Information
Revenue	51,132	49,672	98,095	94,501
RV and Outdoor Retail
Segments Information
Revenue	1,849,683	2,119,039	3,290,196	3,736,876
RV and Outdoor Retail | Operating Segments
Segments Information
Revenue	1,853,897	2,128,345	3,297,236	3,753,231
RV and Outdoor Retail | New vehicles
Segments Information
Revenue	800,903	1,077,252	1,447,655	1,912,211
RV and Outdoor Retail | New vehicles | Operating Segments
Segments Information
Revenue	802,503	1,079,223	1,450,433	1,915,795
RV and Outdoor Retail | Used vehicles
Segments Information
Revenue	622,962	555,958	1,067,708	958,990
RV and Outdoor Retail | Used vehicles | Operating Segments
Segments Information
Revenue	624,291	557,182	1,069,978	961,000
RV and Outdoor Retail | Products, service and other
Segments Information
Revenue	247,760	278,001	455,421	492,974
RV and Outdoor Retail | Products, service and other | Operating Segments
Segments Information
Revenue	247,958	278,329	455,793	493,547
RV and Outdoor Retail | Finance and insurance, net
Segments Information
Revenue	166,934	195,407	296,706	348,785
RV and Outdoor Retail | Finance and insurance, net | Operating Segments
Segments Information
Revenue	168,021	201,190	298,326	358,973
RV and Outdoor Retail | Good Sam Club
Segments Information
Revenue	11,124	12,421	22,706	23,916
RV and Outdoor Retail | Good Sam Club | Operating Segments
Segments Information
Revenue	$ 11,124	$ 12,421	$ 22,706	$ 23,916

Segments Information - Segment

Segments Information - Segment Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segments Information
Total segment income	$ 132,677	$ 254,100	$ 191,276	$ 403,225
Depreciation and amortization	(17,206)	(17,627)	(31,843)	(43,162)
Other interest expense, net	(33,518)	(14,935)	(64,631)	(29,236)
Other expense, net	(183)	(72)	(1,683)	(295)
Income before income taxes	78,304	230,360	83,480	358,695
Operating Segments
Segments Information
Total segment income	132,996	265,609	189,199	438,280
Other interest expense, net	(6,931)	(3,177)	(12,673)	(5,928)
Corporate, Non-Segment
Segments Information
Total segment income	(3,785)	(2,615)	(7,562)	(6,892)
Other interest expense, net	(26,587)	(11,758)	(51,958)	(23,308)
Good Sam Services and Plans | Operating Segments
Segments Information
Total segment income	26,840	22,124	50,459	43,296
Depreciation and amortization	(774)	(709)	(1,726)	(1,499)
Other interest expense, net	54	(2)	109	(2)
RV and Outdoor Retail | Operating Segments
Segments Information
Total segment income	106,156	243,485	138,740	394,984
Depreciation and amortization	(16,432)	(16,918)	(30,117)	(41,663)
Other interest expense, net	$ (6,985)	$ (3,175)	$ (12,782)	$ (5,926)

Segments Information - Deprecia

Segments Information - Depreciation and Amortization (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segments Information
Depreciation and amortization	$ 17,206	$ 17,627	$ 31,843	$ 43,162
Good Sam Services and Plans | Operating Segments
Segments Information
Depreciation and amortization	774	709	1,726	1,499
RV and Outdoor Retail | Operating Segments
Segments Information
Depreciation and amortization	$ 16,432	$ 16,918	$ 30,117	$ 41,663

Segments Information - Other In

Segments Information - Other Interest Expense, Net (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segments Information
Other interest expense, net	$ 33,518	$ 14,935	$ 64,631	$ 29,236
Operating Segments
Segments Information
Other interest expense, net	6,931	3,177	12,673	5,928
Corporate, Non-Segment
Segments Information
Other interest expense, net	26,587	11,758	51,958	23,308
Good Sam Services and Plans | Operating Segments
Segments Information
Other interest expense, net	(54)	2	(109)	2
RV and Outdoor Retail | Operating Segments
Segments Information
Other interest expense, net	$ 6,985	$ 3,175	$ 12,782	$ 5,926

Segments Information - Assets (

Segments Information - Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Segments Information
Assets	$ 4,803,093	$ 4,800,147	$ 4,610,301
Operating Segments
Segments Information
Assets	4,630,893	4,579,195	4,343,765
Corporate, Non-Segment
Segments Information
Assets	172,200	220,952	266,536
Good Sam Services and Plans | Operating Segments
Segments Information
Assets	92,453	130,841	82,734
RV and Outdoor Retail | Operating Segments
Segments Information
Assets	$ 4,538,440	$ 4,448,354	$ 4,261,031

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 28,703	$ 84,311	$ 31,872	$ 129,041

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false