Lazydays (GORV) 10-Q 10 Aug 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Aug. 09, 2018
Document And Entity Information
Entity Registrant Name	Lazydays Holdings, Inc.
Entity Central Index Key	1,721,741
Document Type	10-Q
Document Period End Date	Jun. 30, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		8,471,608
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,018

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Stockholders' Equity
Total stockholders' equity	$ 78,534
Successor [Member]
Current assets
Cash	35,569
Receivables, net of allowance for doubtful accounts of $152 and $1,013 at June 30, 2018 and December 31, 2017, respectively	22,586
Inventories	115,267
Income tax receivable	3,188
Prepaid expenses and other	2,656
Total current assets	179,266
Property and equipment, net	71,952
Goodwill	28,513
Intangible assets, net	67,274
Deferred tax asset
Other assets	275
Total assets	347,280
Current liabilities
Accounts payable, accrued expenses and other current liabilities	21,438
Income tax payable
Dividends payable	1,425
Contingent liability, current portion
Financing liability, current portion	631
Floor plan notes payable, net of debt discount	95,270
Long-term debt, current portion	2,905
Total current liabilities	121,669
Long term liabilities
Long term debt, non-current portion, net of debt discount	16,324
Financing liability, non-current portion, net of debt discount	55,400
Deferred tax liability	20,370
Total liabilities	213,763
Commitments and Contingencies
Series A Convertible Preferred Stock; 600,000 shares, designated, issued, and outstanding as of June 30, 2018; liquidation preference of $61,425 as of June 30, 2018	54,983
Stockholders' Equity
Preferred stock value
Common stock value
Additional paid-in capital	78,534
Treasury stock, 165 shares, at cost
Retained earnings
Total stockholders' equity	78,534
Total liabilities and stockholders' equity	$ 347,280
Predecessor [Member]
Current assets
Cash		$ 13,292
Receivables, net of allowance for doubtful accounts of $152 and $1,013 at June 30, 2018 and December 31, 2017, respectively		19,911
Inventories		114,170
Income tax receivable
Prepaid expenses and other		2,062
Total current assets		149,435
Property and equipment, net		45,669
Goodwill		25,216
Intangible assets, net		25,862
Deferred tax asset		144
Other assets		219
Total assets		246,545
Current liabilities
Accounts payable, accrued expenses and other current liabilities		25,181
Income tax payable		1,536
Dividends payable
Contingent liability, current portion		667
Financing liability, current portion		595
Floor plan notes payable, net of debt discount		104,976
Long-term debt, current portion		1,870
Total current liabilities		134,825
Long term liabilities
Long term debt, non-current portion, net of debt discount		7,207
Financing liability, non-current portion, net of debt discount		53,680
Deferred tax liability
Total liabilities		195,712
Commitments and Contingencies
Series A Convertible Preferred Stock; 600,000 shares, designated, issued, and outstanding as of June 30, 2018; liquidation preference of $61,425 as of June 30, 2018
Stockholders' Equity
Preferred stock value
Common stock value		3
Additional paid-in capital		49,756
Treasury stock, 165 shares, at cost		(11)
Retained earnings		1,085
Total stockholders' equity		50,833
Total liabilities and stockholders' equity		$ 246,545

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Jun. 30, 2018
Preferred stock, par value		$ 0.0001
Preferred stock, shares authorized		5,000,000
Common stock, par value		$ 0.0001
Common stock, shares authorized		100,000,000
Successor [Member]
Allowance for doubtful accounts		$ 152
Series A convertible preferred stock, shares designated		600,000
Series A convertible preferred stock, shares issued		600,000
Series A convertible preferred stock, shares outstanding		600,000
Series A convertible preferred stock, liquidation preference, value		$ 61,425
Preferred stock, par value		$ 0.0001
Preferred stock, shares authorized		5,000,000
Common stock, par value		$ 0.0001
Common stock, shares authorized		100,000,000
Common stock, shares issued		8,471,608
Common stock, shares outstanding		8,471,608
Predecessor [Member]
Allowance for doubtful accounts	$ 1,013
Preferred stock, par value	$ 0.001
Preferred stock, shares authorized	150,000
Preferred stock cumulative dividend	8.00%
Preferred stock, shares designated	10,000
Preferred stock, shares issued	0
Preferred stock, shares outstanding	0
Preferred stock, liquidation preference, value	$ 0
Common stock, par value	$ 0.001
Common stock, shares authorized	4,500,000
Common stock, shares issued	3,333,331
Common stock, shares outstanding	3,333,166
Treasury stock, shares	165

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		4 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2017
Other income/expenses
Net income			$ 2,533
Successor [Member]
Revenues
New and pre-owned vehicles	$ 144,361		183,528
Other	17,753		22,491
Total revenue	162,114		206,019
Cost of revenues
New and pre-owned vehicles	122,329		156,012
Other	4,039		4,577
Total cost of revenues	126,368		160,589
Gross profit	35,746		45,430
Transaction costs	252		3,058
Selling, general, and administrative expenses	30,253		35,306
Income from operations	5,241		7,066
Other income/expenses
Gain on sale of property and equipment	10		10
Interest expense	(2,233)		(2,918)
Total other expense	(2,223)		(2,908)
Income before income tax expense	3,018		4,158
Income tax expense	(1,176)		(1,625)
Net income	1,842		2,533
Dividends on Series A Convertible Preferred Stock	(1,215)		(1,425)
Deemed dividend on Series A Convertible Preferred Stock			(3,392)
Net income (loss) attributable to common stock and participating securities	$ 627		$ (2,284)
Succesor EPS:
Basic and diluted earnings per share	$ 0.04		$ (0.24)
Weighted average shares outstanding - basic and diluted	9,668,250		9,668,250
Predecessor [Member]
Revenues
New and pre-owned vehicles		$ 146,742		$ 119,111	$ 297,573
Other		18,019		14,828	37,153
Total revenue		164,761		133,939	334,726
Cost of revenues
New and pre-owned vehicles		126,662		101,830	257,507
Other		4,294		3,047	7,753
Total cost of revenues		130,956		104,877	265,260
Gross profit		33,805		29,062	69,466
Transaction costs		68		438	114
Selling, general, and administrative expenses		25,609		23,552	52,642
Income from operations		8,128		5,072	16,710
Other income/expenses
Gain on sale of property and equipment		25		1	25
Interest expense		(2,293)		(2,019)	(4,455)
Total other expense		(2,268)		(2,018)	(4,430)
Income before income tax expense		5,860		3,054	12,280
Income tax expense		(2,232)		(718)	(4,677)
Net income		$ 3,628		$ 2,336	$ 7,603

Condensed Consolidated Stateme5

Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Total
Balance (Successor [Member]) at Jun. 30, 2018		$ 78,534		$ 78,534
Balance at Jun. 30, 2018				78,534
Balance, shares (Successor [Member]) at Jun. 30, 2018	8,471,608
Balance (Successor [Member]) at Mar. 12, 2018		6,139	(1,536)
Balance at Mar. 12, 2018				4,603
Balance, shares (Successor [Member]) at Mar. 12, 2018	1,872,428
Conversion of Andina rights into shares of Lazydays Holdings, Inc. | Successor [Member]
Conversion of Andina rights into shares of Lazydays Holdings, Inc.
Conversion of Andina rights into shares of Lazydays Holdings, Inc., shares | Successor [Member]	615,436
Reclassification shares of Andina common stock subject to redemption | Successor [Member]		4,910
Reclassification shares of Andina common stock subject to redemption				4,910
Reclassification shares of Andina common stock subject to redemption, shares | Successor [Member]	472,571
Issuance of common stock and warrants in PIPE transaction, net | Successor [Member]		32,718
Issuance of common stock and warrants in PIPE transaction, net				32,718
Issuance of common stock and warrants in PIPE transaction, net, shares | Successor [Member]	2,653,984
Issuance of shares in acquisition of Lazy Days' R.V. Center, Inc. | Successor [Member]		29,400
Issuance of shares in acquisition of Lazy Days' R.V. Center, Inc.				29,400
Issuance of shares in acquisition of Lazy Days' R.V. Center, Inc., shares | Successor [Member]	2,857,189
Beneficial conversion feature of Series A convertible preferred stock | Successor [Member]		3,392
Beneficial conversion feature of Series A convertible preferred stock				3,392
Deemed dividend related to immediate accretion of benificial conversion | Successor [Member]		(3,392)
Deemed dividend related to immediate accretion of benificial conversion				(3,392)
Issuance of warrants issued to Series A preferred stockholders and placement agent | Successor [Member]		2,666
Issuance of warrants issued to Series A preferred stockholders and placement agent				2,666
Stock-based compensation | Successor [Member]		3,129		3,100
Stock-based compensation				3,129
Accrued dividends on Series A preferred stock | Successor [Member]		(428)	(997)	1,425
Accrued dividends on Series A preferred stock				(1,425)
Net income | Successor [Member]			2,533	2,533
Net income				2,533
Balance (Successor [Member]) at Jun. 30, 2018		$ 78,534		78,534
Balance at Jun. 30, 2018				$ 78,534
Balance, shares (Successor [Member]) at Jun. 30, 2018	8,471,608

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	Jul. 02, 2018	Mar. 14, 2018	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2017
Cash Flows From Operating Activities
Net income					$ 2,533
Adjustments to reconcile net income to net cash provided by operating activities:
Stock based compensation					3,129
Cash Flows From Financing Activities
Dividend payments	$ (1,425)
Non-Cash Investing and Financing Activities
Accrued dividends on Series A Preferred Stock					(1,425)
Successor [Member]
Cash Flows From Operating Activities
Net income			$ 1,842		2,533
Adjustments to reconcile net income to net cash provided by operating activities:
Stock based compensation			2,621		3,100
Bad debt expense					152
Depreciation and amortization of property and equipment			1,897		2,166
Amortization of intangible assets			794		926
Amortization of debt discount and paid-in-kind interest					449
Gain on sale of property and equipment			(10)		(10)
Deferred income taxes
Changes in operating assets and liabilities:
Receivables					(7,970)
Inventories					9,154
Prepaid expenses and other					(638)
Income tax receivable/payable					(1,151)
Other assets					(74)
Accounts payable, accrued expenses and other liabilities					(5,490)
Total Adjustments					643
Net Cash Provided By Operating Activities					3,176
Cash Flows From Investing Activities
Cash paid for purchase of Lazy Days' R.V. Center, Inc.					(86,178)
Cash acquired in the purchase of Lazy Days' R.V. Center, Inc.					9,188
Proceeds from sales of property and equipment					35
Purchases of property and equipment					(568)
Net Cash Used In Investing Activities					(77,523)
Cash Flows From Financing Activities
Net borrowings under M&T bank floor plan					96,677
Repayment of Bank of America floor plan					(96,740)
Net (repayments)/borrowings under floor plan
Repayments of line of credit
Repayments under long term debt with Bank of America					(8,820)
Borrowings under long term debt with M&T bank					20,000
Repayment of long term debt with M&T bank					(725)
Net proceeds from the issuance of Series A preferred stock and warrants					57,650
Net proceeds from the issuance of common stock and warrants					32,719
Repayments of financing liability					(140)
Dividend payments
Repayments of notes payable to Andina related parties					(761)
Payment of contingent liability - RV America acquisition
Loan issuance costs					(615)
Net Cash Provided by (Used In) Financing Activities					99,245
Net Increase (Decrease) In Cash					24,898
Cash - Beginning	$ 35,569
Cash - Ending			$ 35,569		35,569	$ 35,569
Supplemental Disclosures of Cash Flow Information:
Cash paid during the year for interest					2,484
Cash paid during the year for income taxes net of refunds received					2,776
Non-Cash Investing and Financing Activities
Rental vehicles transferred to inventory, net					67
Conversion of Andina redeemable common stock to common stock of Lazydays Holdings, Inc.					4,910
Rental equipment purchased under floor plan
Accrued dividends on Series A Preferred Stock					1,425
Beneficial conversion feature on Series A Preferred Stock					3,392
Warrants issued to Series A Preferred stockholders and investment bank					2,660
Common stock issued to former stock holders of Lazy Days' R.V. Center, Inc.					29,400
Net assets acquired in the acquisition of Lazy Days' R.V. Center, Inc.					$ 106,391
Predecessor [Member]
Cash Flows From Operating Activities
Net income		$ 2,336		$ 3,628		2,336	$ 7,603
Adjustments to reconcile net income to net cash provided by operating activities:
Stock based compensation		140					241
Bad debt expense							171
Depreciation and amortization of property and equipment		1,058		1,349			2,696
Amortization of intangible assets		154		185			372
Amortization of debt discount and paid-in-kind interest		136					286
Gain on sale of property and equipment		(1)		(25)		(1)	(25)
Deferred income taxes		630
Changes in operating assets and liabilities:
Receivables		5,143					(9,828)
Inventories		1,435					28,224
Prepaid expenses and other		44					752
Income tax receivable/payable		(3,573)					1,722
Other assets		18					39
Accounts payable, accrued expenses and other liabilities		2,463					(1,954)
Total Adjustments		7,647					22,696
Net Cash Provided By Operating Activities		9,983					30,299
Cash Flows From Investing Activities
Cash paid for purchase of Lazy Days' R.V. Center, Inc.
Cash acquired in the purchase of Lazy Days' R.V. Center, Inc.
Proceeds from sales of property and equipment							122
Purchases of property and equipment		(694)					(1,396)
Net Cash Used In Investing Activities		(694)					(1,274)
Cash Flows From Financing Activities
Net borrowings under M&T bank floor plan
Repayment of Bank of America floor plan
Net (repayments)/borrowings under floor plan		(12,272)					(7,681)
Repayments of line of credit							(3,000)
Repayments under long term debt with Bank of America		(310)					(929)
Borrowings under long term debt with M&T bank
Repayment of long term debt with M&T bank
Net proceeds from the issuance of Series A preferred stock and warrants
Net proceeds from the issuance of common stock and warrants
Repayments of financing liability		(144)					(228)
Dividend payments							(15,000)
Repayments of notes payable to Andina related parties
Payment of contingent liability - RV America acquisition		(667)					(1,333)
Loan issuance costs							(139)
Net Cash Provided by (Used In) Financing Activities		(13,393)					(28,310)
Net Increase (Decrease) In Cash		(4,104)					715
Cash - Beginning		13,292				$ 13,292	4,158
Cash - Ending		9,188		$ 4,873			4,873
Supplemental Disclosures of Cash Flow Information:
Cash paid during the year for interest		2,182					4,372
Cash paid during the year for income taxes net of refunds received		3,587					3,059
Non-Cash Investing and Financing Activities
Rental vehicles transferred to inventory, net		89
Conversion of Andina redeemable common stock to common stock of Lazydays Holdings, Inc.
Rental equipment purchased under floor plan		2,911
Accrued dividends on Series A Preferred Stock
Beneficial conversion feature on Series A Preferred Stock
Warrants issued to Series A Preferred stockholders and investment bank
Common stock issued to former stock holders of Lazy Days' R.V. Center, Inc.
Net assets acquired in the acquisition of Lazy Days' R.V. Center, Inc.

Business Organization and Natur

Business Organization and Nature of Operations	6 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business Organization and Nature of Operations	NOTE 1 – BUSINESS ORGANIZATION AND NATURE OF OPERATIONS Lazydays Holdings, Inc. (“Holdings”), a Delaware corporation, which was originally formed on October 24, 2017, as a wholly owned subsidiary of Andina Acquisition Corp. II (“Andina”), an exempted company incorporated in the Cayman Islands on July 1, 2015 for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more business targets. On October 27, 2017, a merger agreement was entered into by and among Andina, Andina II Holdco Corp., a Delaware corporation and wholly-owned subsidiary of Andina (“Holdco”), Andina II Merger Sub Inc., a Delaware corporation, and a wholly-owned subsidiary of Holdco (“Merger Sub”), Lazy Days’ R.V. Center, Inc. (and its subsidiaries), a Delaware corporation (“Lazydays RV”), and solely for certain purposes set forth in the merger agreement, A. Lorne Weil (the “Merger Agreement”). The Merger Agreement provided for a business combination transaction by means of (i) the merger of Andina with and into Holdco, with Holdco surviving, changing its name to Lazydays Holdings, Inc. and becoming a new public company (the “Redomestication Merger”) and (ii) the merger of Lazydays RV with and into Merger Sub with Lazydays RV surviving and becoming a direct wholly-owned subsidiary of Holdings (the “Transaction Merger” and together with the Redomestication Merger, the “Mergers”). On March 15, 2018, the Mergers were consummated. Through its subsidiaries, Lazydays RV sells and services new and pre-owned recreational vehicles, sells related parts and accessories, and rents recreational vehicles from five locations, one in the state of Florida, one in the state of Arizona and three in the state of Colorado. It also offers to its customers such ancillary services as extended service contracts, overnight campground and restaurant facilities. The Company also arranges financing for vehicle sales through third-party financing sources.

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Significant Accounting Policies	NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. For additional information, these condensed consolidated financial statements should be read in conjunction with Lazydays R.V, Center Inc.’s consolidated financial statements and notes as of December 31, 2017 and 2016 and for the years then ended, included in the Report on Form 8-K filed with the SEC on March 21, 2018. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Principles of Consolidation Successor The condensed consolidated financial statements in the period from March 15, 2018 to June 30, 2018 include the accounts of Holdings, Lazydays RV and its wholly owned subsidiary LDRV Holdings Corp. LDRV Holdings Corp is the sole owner of Lazydays Land Holdings, LLC, Lazydays Tampa Land Holdings, LLC, Lazydays RV America, LLC, Lazydays RV Discount, LLC, and Lazydays Mile Hi RV, LLC (collectively, the “Company”, “Lazydays” or “Successor”). All significant inter-company accounts and transactions have been eliminated in consolidation. Predecessor The condensed consolidated financial statements in the periods from January 1, 2018 to March 14, 2018 and January 1, 2017 through June 30, 2017 include the accounts of Lazydays RV and its wholly owned subsidiary LDRV Holdings Corp. LDRV Holdings Corp is the sole owner of Lazydays Arizona, LLC, Lazydays Land Holdings, LLC, Lazydays Tampa Land Holdings, LLC, Lazydays RV America, LLC, Lazydays RV Discount, LLC, and Lazydays Mile Hi RV, LLC (collectively, the “Predecessor”). All significant inter-company accounts and transactions have been eliminated in consolidation. Predecessor and Successor Periods As a result of the Mergers, Holdings is the acquirer for accounting purposes and Lazydays R.V. Center, Inc. is the acquiree and the accounting predecessor. The financial statement presentation distinguishes the results into two distinct periods, the period up to March 15, 2018 (the “Acquisition Date”) (“Predecessor Periods”) and the period including and after that date (the “Successor Period”). The Mergers were accounted for as a business combination using the acquisition method of accounting and the Successor financial statements reflect a new basis of accounting that is based on the fair value of the net assets acquired. As a result of the application of the acquisition method of accounting as of the effective time of the Transaction Merger, the accompanying condensed consolidated financial statements include a black line division which indicates that the Predecessor and Successor reporting entities shown are presented on a different basis and are, therefore, not directly comparable. The historical financial information of Andina, (which was a special purpose acquisition company) prior to the business combination has not been reflected in the Predecessor financial statements as these historical amounts have been considered immaterial. Accordingly, no other activity in the Company was reported in the Predecessor Period other than the activity of Lazydays RV. Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include the assumptions used in the valuation of the net assets acquired in business combinations, goodwill and other intangible assets, provision for charge-backs, inventory write-downs, the allowance for doubtful accounts and stock-based compensation. Revenue Recognition The Company recognizes revenue when the following four criteria are met: (1) delivery has occurred or services rendered; (2) persuasive evidence of an arrangement exists; (3) fees are fixed or determinable, and (4) the collection of related accounts receivable is probable. Revenue from the sale of vehicles is recognized on delivery, transfer of title and completion of financing arrangements. Revenue from parts, sales, and service is recognized on delivery of the service or product. Revenue from parts, sales, and service is recognized in other revenue in the accompanying condensed consolidated statements of income. Revenue from the rental of vehicles is recognized pro rata over the period of the rental agreement. The rental agreements are generally short-term in nature. Revenue from rentals is included in other revenue in the accompanying condensed consolidated statements of income. The Company receives commissions from the sale of insurance and vehicle service contracts to customers. In addition, the Company arranges financing for customers through various financial institutions and receives commissions. The Company may be charged back (“charge-backs”) for financing fees, insurance or vehicle service contract commissions in the event of early termination of the contracts by the customers. The revenues from financing fees and commissions are recorded at the time of the sale of the vehicles and an allowance for future charge-backs is established based on historical operating results and the termination provision of the applicable contracts. The Company recognized finance and insurance revenues, net of chargebacks, which is included in other revenue as follows (unaudited): Three Months Six Months Successor Predecessor Successor Predecessor April 1, 2018 to June 30, 2018 April 1, 2017 to June 30, 2017 March 15, 2018 to June 30, 2018 January 1, 2018 to March 14, 2018 January 1, 2017 to June 30, 2017 Gross finance and insurance revenues $ 9,060 $ 8,292 $ 11,576 $ 7,483 $ 17,243 Chargebacks (841 ) (699 ) (921 ) (622 ) (1,126 ) Net Finance Revenue $ 8,219 $ 7,593 $ 10,655 $ 6,861 $ 16,117 The Company has an accrual for charge-backs which totaled $2,745 and $2,373 at June 30, 2018 and December 31, 2017, respectively, and is included in accounts payable, accrued expenses, and other current liabilities in the accompanying condensed consolidated balance sheets. Deposits on vehicles received in advance are accounted for as a liability and recognized into revenue upon completion of each respective transaction. Occupancy Costs As a retail merchandising organization, the Company has elected to classify occupancy costs as selling, general and administrative expense in the condensed consolidated statements of income. Inventories Vehicle and parts inventories are recorded at the lower of cost or net realizable value, with cost determined by the last-in, first-out (“LIFO”) method. Cost includes purchase costs, reconditioning costs, dealer-installed accessories, and freight. For vehicles accepted in trades, the cost is the fair value of such used vehicles at the time of the trade-in. Retail parts, accessories, and other inventories primarily consist of retail travel and leisure specialty merchandise. The current replacement costs of LIFO inventories exceeded their recorded values by $0 and $11,930 as of June 30, 2018 and December 31, 2017, respectively. The amount by which current replacement costs of LIFO inventories exceeded their recorded values as of June 30, 2018 was considered to be immaterial. Property and Equipment Property and equipment are stated at cost less accumulated depreciation and amortization. Expenditures for maintenance and repairs are charged to expense in the period incurred. Improvements and additions are capitalized. Depreciation of property and equipment is provided using the straight-line method over the estimated useful lives of the assets. Leasehold improvements are amortized using the straight-line method over the lesser of the useful life of the asset or the term of the lease. Successor Useful lives range from 2 to 26 years for buildings and improvements and from 2 to 12 years for vehicles and equipment. Predecessor Useful lives range from 15 to 20 years for buildings and improvements and from 2 to 7 years for vehicles and equipment. Goodwill and Intangible Assets The Company’s goodwill, trade names and trademarks are deemed to have indefinite lives, and accordingly are not amortized, but are evaluated at least annually for impairment and more often whenever changes in facts and circumstances may indicate that the carrying value may not be recoverable. The Company’s manufacturer and customer relationships are amortized over their estimated useful lives on a straight-line basis. Successor The estimated useful lives are 12 years for both the manufacturer and customer relationships. Predecessor The estimated useful lives were 13 to 18 years for the manufacturer relationships. The customer relationships were fully amortized and had a net carrying value of $0 at December 31, 2017. Cumulative Redeemable Convertible Preferred Stock The Company’s Series A Preferred Stock (See Note 13 – Preferred Stock) is cumulative redeemable convertible preferred stock. Accordingly, it is classified as temporary equity and is shown net of issuance costs and the relative fair value of warrants issued in conjunction with the issuance of the Series A Preferred Stock. Unpaid preferred dividends are accumulated, compounded at each quarterly dividend date and presented within the carrying value of the Series A Preferred Stock until a dividend is declared by the Board of Directors. Stock Based Compensation The Company accounts for stock-based compensation for employees and directors in accordance with Accounting Standards Codification (“ASC”) 718, Compensation (“ASC 718”). ASC 718 requires all share-based payments to employees, including grants of employee stock options, to be recognized in the statement of operations based on their fair values. Under the provisions of ASC 718, stock-based compensation costs are measured at the grant date, based on the fair value of the award, and are recognized as expense over the employee’s requisite or derived service period. In accordance with ASC 718, excess tax benefits realized from the exercise of stock-based awards are classified as cash flows from operating activities. All excess tax benefits and tax deficiencies (including tax benefits of dividends on share-based payment awards) are recognized as income tax expense or benefit in the condensed consolidated statements of income. Earnings Per Share The Company computes basic and diluted earnings/(loss) per share (“EPS”) by dividing net earnings/(loss) by the weighted average number of shares of common stock outstanding during the period. The Company is required, in periods in which it has net income, to calculate EPS using the two-class method. The two-class method is required because the Company’s Series A Preferred Stock have the right to receive dividends or dividend equivalents should the Company declare dividends on its common stock. Under the two-class method, earnings for the period are allocated on a pro-rata basis to the common and preferred stockholders. The weighted-average number of common and preferred shares outstanding during the period is then used to calculate basic EPS for each class of shares. In periods in which the Company has a net loss, basic loss per share is calculated by dividing the loss attributable to common stockholders by the weighted-average number of common shares outstanding during the period. The two-class method is not used, because the preferred stock does not participate in losses. During the Successor Period from March 15, 2018 to June 30, 2018, basic and diluted net loss per common share are the same since the inclusion of common stock issuable pursuant to the exercise of the Company’s Series A Convertible Preferred Stock (utilizing the if converted method), plus unit purchase options, stock options and warrants on the calculation of diluted net loss per common share would have been anti-dilutive. The following table summarizes net income (loss) attributable to common stockholders used in the calculation of basic and diluted loss per common share: Successor Three Months Ended June 30, 2018 Period From March 15, 2018 to June 30, 2018 (Dollars in thousands - except per share amounts) Distributed earnings allocated to common stock $ - $ - Undistributed earnings (loss) allocated to common stock 388 (2,284 ) Net earnings (loss) allocated to common stock 388 (2,284 ) Net earnings allocated to participating securities 239 - Net income (loss) allocated to common stock and participating securities $ 627 $ (2,284 ) Weighted average shares outstanding for basic earnings per common share 9,668,250 9,668,250 Dilutive effect of warrants and options 0 0 Weighted average shares outstanding for diluted earnings per common share 9,668,250 9,668,250 Basic earnings (loss) per common share $ 0.04 $ (0.24 ) Diluted earnings (loss) per common share $ 0.04 $ (0.24 ) During the Successor Periods from April 1, 2018 to June 30, 2018 and March 15, 2018 to June 30, 2018, the denominator of the basic and dilutive EPS was calculated as follows: April 1, 2018 to June 30, 2018 March 15, 2018 to June 30, 2018 Basic Earnings/(Loss) per Share Weighted average outstanding common shares 8,471,608 8,471,608 Weighted average shares held in escrow (142,857 ) (142,857 ) Weighted average prefunded warrants 1,339,499 1,339,499 Weighted shares outstanding - basic 9,668,250 9,668,250 For the Successor period, the following common stock equivalent shares were excluded from the computation of the diluted loss per share, since their inclusion would have been anti-dilutive: April 1, 2018 to June 30, 2018 March 15, 2018 to June 30, 2018 Shares underlying Series A Convertible Preferred Stock - 5,962,733 Shares underlying warrants 4,677,458 4,677,458 Stock options 3,658,421 3,658,421 Shares underlying unit purchase options 657,142 657,142 Share equivalents excluded from EPS 8,993,021 14,955,754 Advertising Costs Advertising and promotion costs are charged to operations in the period incurred and totaled approximately $2,996 and $2,521 for the three months ended June 30, 2018 and 2017, respectively. Advertising and promotion costs totaled approximately $3,353 for the period from March 15, 2018 to June 30, 2018 (Successor Period). Advertising and promotion charges were $2,624 and $5,776 for the Predecessor periods from January 1, 2018 to March 14, 2018 and January 1, 2017 to June 30, 2017, respectively. Income Taxes The Company recognizes deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Deferred tax assets and liabilities are determined based on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The Company estimates the degree to which tax assets and credit carry forwards will result in a benefit based on expected profitability by tax jurisdiction. In its interim financial statements, the Company follows the guidance in ASC 270, “Interim Reporting” and ASC 740 “Income Taxes”, whereby the Company utilizes the expected annual effective tax rate in determining its income tax provisions for the interim periods. Seasonality The Company’s operations generally experience modestly higher vehicle sales in the first half of each year due in part to consumer buying trends and the hospitable warm climate during the winter months at the Company’s largest location (Tampa). Vendor Concentrations The Company purchases its new recreational vehicles and replacement parts from various manufacturers. From April 1, 2018 to June 30, 2018, four major manufacturers accounted for 33.2%, 26.8%, 16.7%, and 15.9% of RV purchases. During the Successor period from March 15, 2018 to June 30, 2018, four major manufacturers accounted for 32.7%, 29.3%, 16.0% and 13.8% of RV purchases. During the Predecessor Period from January 1, 2018 to March 14, 2018, four major manufacturers accounted for 36.1%, 21.4%, 18.2%, and 16.1% of RV purchases. During the Predecessor period from April 1, 2017 to June 30, 2017, four major manufacturers accounted for 29.3%, 28.6%, 20.1%, and 13.0% of RV purchases. During the Predecessor period from January 1, 2017 to June 30, 2017, four major manufacturers accounted for 30.9%, 25.7%, 20.8%, and 15.1% of RV purchases. The Company is subject to dealer agreements with each manufacturer. The manufacturer is entitled to terminate the dealer agreement if the Company is in material breach of the agreement terms. Geographic Concentrations Revenues generated by customers of the Florida location and the Colorado locations were as follows (unaudited): Three Months Six Months Successor Predecessor Successor Predecessor April 1, 2018 to June 30, 2018 April 1, 2017 to June 30, 2017 March 15, 2018 to June 30, 2018 January 1, 2018 to March 14, 2018 January 1, 2017 to June 30, 2017 Florida 74 % 76 % 75 % 81 % 79 % Colorado 19 % 17 % 18 % 11 % 14 % These geographic concentrations increase the exposure to adverse developments related to competition, as well as economic, demographic, weather and other changes in these regions. Subsequent Events Management of the Company has analyzed the activities and transactions subsequent to June 30, 2018 through the date these condensed consolidated financial statements were issued to determine the need for any adjustments to or disclosures within the financial statements. Except as disclosed in Note 15 – Subsequent Events, the Company did not identify any recognized or non-recognized subsequent events that would require disclosure in the condensed consolidated financial statements. Recently Issued Accounting Standards The Company qualifies as an emerging growth company pursuant to the provision of the Jumpstart Our Business Startups (“JOBS”) Act. Section 107 of the JOBS Act provides that an emerging growth company can delay the adoption of certain new accounting standards until those standards would otherwise apply to private companies. The Company has elected to take advantage of the extended transition period Act for complying with new or revised accounting standards

Business Combination

Business Combination	6 Months Ended
	Jun. 30, 2018
Business Combinations [Abstract]
Business Combination	NOTE 3 – BUSINESS COMBINATION On March 15, 2018, the Company consummated the Mergers. Under the Merger Agreement, upon consummation of the Redomestication Merger, (i) each ordinary share of Andina was exchanged for one share of common stock of Holdings (“Holdings Shares”), except that holders of ordinary shares of Andina sold in its initial public offering (“public shares”) were entitled to elect instead to receive a pro rata portion of Andina’s trust account, as provided in Andina’s charter documents, (ii) each Andina right entitled the holder to receive one-seventh of a Holdings Share and (iii) each Andina warrant entitled the holder to purchase one-half of one Holdings Share at a price of $11.50 per whole share. Upon consummation of the Transaction Merger, the Lazydays RV’s stockholders received their pro rata portion of: (i) 2,857,189 Holdings Shares; and (ii) $86,741 in cash, subject to adjustments based on the Predecessor’s finalization of working capital and debt as of closing and also subject to any such Holdings Shares and cash that was issued and paid to the Predecessor’s option holders and participants under the transaction incentive plan (the “Transaction Incentive Plan”). During the three months ended June 30, 2018, the Company received $563 as a result of the settlement of the working capital adjustment and the amount was reflected as an adjustment to goodwill. The Company accounted for the Mergers as a business combination using the purchase method of accounting. As a result, the Company determined its preliminary allocation of the fair value of the assets acquired and the liabilities assumed of the Predecessor as follows: Cash $ 9,188 Receivables 14,768 Inventories 124,354 Prepaid expenses and other 4,054 Property and equipment 73,642 Intangible assets 68,200 Other assets 200 Total assets acquired 294,406 Accounts payable, accrued expenses and other current liabilities 26,527 Floor plan notes payable 95,663 Financing liability 56,000 Deferred tax liability 20,370 Long-term debt 8,781 Total liabilities assumed 207,341 Net assets acquired $ 87,065 The fair value of the consideration paid was as follows: Purchase Price: Cash consideration paid $ 86,178 Common stock issued to former stockholders, option holders, and bonus receipients of Lazy Days’ R.V. Center, Inc. 29,400 $ 115,578 The common stock was valued at $10.29 per share, the closing price of Andina’s common stock on the date of the Mergers. Goodwill represents the excess of the purchase price over the estimated fair value assigned to tangible and identifiable intangible assets acquired and liabilities assumed from the Predecessor. Goodwill associated with the Mergers is detailed below: As of March 15, 2018 Total consideration $ 115,578 Less net assets acquired $ 87,065 Goodwill $ 28,513 The following table summarizes the Company’s preliminary allocation of the purchase price to the identifiable intangible assets acquired as of the date of the closing of the Mergers. Gross Asset Amount at Acquisition Date Weighted Average Amortization Period in Years Trade Names, Service Marks and Domain Names $ 30,100 N/A Customer Lists 9,100 12 years Dealer Agreements 29,000 12 Years Total intangible assets $ 68,200 Trade names and trademarks are indefinite-lived assets and are not subject to amortization. The value of trade names, trademarks, and customer relationships was determined utilizing the relief from royalty method. The Company determined the fair value of the manufacturer relationships utilizing a discounted cash flow model. Direct transaction related costs consist of costs incurred in connection with the Merger Agreement. These costs totaled $2,730 for the period from March 15, 2018 to June 30, 2018 which primarily consisted of the business combination expenses of Andina that were contingent upon the completion of the Mergers. These costs total $381 for the period from January 1, 2018 to March 14, 2018. The following unaudited pro forma financial information summarizes the combined results of operations for the Company as though the Mergers had been consummated on January 1, 2017. Pro Forma Combined Statements of Income For the three months ended June 30, For the six months ended June 30, 2018 2017 2018 2017 Revenue $ 162,114 $ 164,761 $ 339,958 $ 334,726 Income before income taxes $ 3,018 $ 4,967 $ 9,129 $ 10,378 Net income $ 1,842 $ 3,075 $ 6,038 $ 6,424 The Company adjusted the combined income of Lazydays RV with Andina and adjusted net income to add back business combination expenses as well as the incremental depreciation and amortization associated with the preliminary purchase price allocation to determine pro forma net income. Goodwill that is deductible for tax purposes was determined to be $6,089.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2018
Inventory Disclosure [Abstract]
Inventories	NOTE 4 – INVENTORIES Inventories consist of the following: Successor Predecessor As of As of June 30, 2018 December 31, 2017 (Unaudited) New recreational vehicles $ 81,956 $ 89,668 Pre-owned recreational vehicles 29,209 31,378 Parts, accessories and other 4,102 5,054 115,267 126,100 Less: excess of current cost over LIFO - (11,930 ) $ 115,267 $ 114,170

Property and Equipment, Net

Property and Equipment, Net	6 Months Ended
	Jun. 30, 2018
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	NOTE 5 – PROPERTY AND EQUIPMENT, NET Property and equipment consist of the following: Successor Predecessor As of As of June 30, 2018 December 31, 2017 (Unaudited) Land $ 13,775 $ 10,366 Building and improvments including leasehold improvements 51,331 41,890 Furniture and equipment 3,677 14,753 Company vehicles and rental units 4,725 3,612 Construction in progress 610 396 74,118 71,017 Less: Accumulated depreciation and amortization (2,166 ) (25,348 ) $ 71,952 $ 45,669 Depreciation and amortization expense amounted to the amounts set forth in the table below (unaudited): Three months Six Months Successor Predecessor Successor Predecessor April 1, 2018 to June 30, 2018 April 1, 2017 to June 30, 2017 March 15, 2018 to June 30, 2018 January 1, 2018 to March 14, 2018 January 1, 2017 to June 30, 2017 Depreciation and amortization $ 1,897 $ 1,349 $ 2,166 $ 1,058 $ 2,696

Intangible Assets

Intangible Assets	6 Months Ended
	Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	NOTE 6 – INTANGIBLE ASSETS Intangible assets and the related accumulated amortization are summarized as follows: Successor Predecessor As of June 30, 2018 (Unaudited) As of December 31, 2017 Gross Carrying Amount Accumulated Amortization Net Asset Value Gross Carrying Amount Accumulated Amortization Net Asset Value Amortizable intangible assets: Manufacturer relationships $ 29,000 $ 705 $ 28,295 $ 11,100 $ 3,238 $ 7,862 Customer relationships 9,100 221 8,879 1,300 1,300 - 38,100 926 37,174 12,400 4,538 7,862 Non-amortizable intangible assets: Trade names and trademarks 30,100 - 30,100 18,000 - 18,000 $ 68,200 $ 926 $ 67,274 $ 30,400 $ 4,538 $ 25,862 Amortization expense amounted to the amounts set forth in the table below (unaudited): Three Months Six Months Successor Predecessor Successor Predecessor April 1, 2018 to June 30, 2018 April 1, 2017 to June 30, 2017 March 15, 2018 to June 30, 2018 January 1, 2018 to March 14, 2018 January 1, 2017 to June 30, 2017 Amortization $ 794 $ 185 $ 926 $ 154 $ 372 Estimated future amortization expense is as follows: Years ending 2018 (6 months) $ 1,588 2019 3,175 2020 3,175 2021 3,175 2022 3,175 Thereafter 22,886 $ 37,174 As of June 30, 2018, the weighted average remaining amortization period was 11.7 years.

Financing Liability

Financing Liability	6 Months Ended
	Jun. 30, 2018
Leases [Abstract]
Financing Liability	NOTE 7 – FINANCING LIABILITY On December 23, 2015, the Predecessor sold certain land, building and improvements for $56,000 and is leasing back the property from the purchaser over a non-cancellable period of 20 years. The lease contains renewal options at lease termination, with three options to renew for 10 additional years each and contains a right of first offer in the event the property owner intends to sell any portion or all of the property to a third party. These rights and obligations constitute continuing involvement, which resulted in failed sale-leaseback (financing) accounting. The financing liability, net of debt discount, is summarized as follows: Successor Predecessor As of As of June 30, December 31, 2018 2017 (Unaudited) Financing liability $ 56,000 $ 55,158 Interest added to principal amount 31 Debt discount - (883 ) Financing liability, net of debt discount 56,031 54,275 Less: current portion 631 595 Financing liability, non-current portion $ 55,400 $ 53,680 The future minimum payments required by the arrangement are as follows: Years ending December 31, Principal Interest Payment 2018 (6 months) $ 286 $ 2,043 $ 2,329 2019 702 4,052 4,754 2020 853 3,995 4,848 2021 1,018 3,927 4,945 2022 1,198 3,847 5,045 Thereafter 40,974 34,574 75,548 $ 45,031 $ 52,438 $ 97,469 The financing liability has an implied interest rate of 7.3%. At the conclusion of the 20-year lease period, the financing liability residual will be $11,000, which will correspond to the carrying value of the land.

Accounts Payable, Accrued Expen

Accounts Payable, Accrued Expenses and Other Current Liabilities	6 Months Ended
	Jun. 30, 2018
Payables and Accruals [Abstract]
Accounts Payable, Accrued Expenses and Other Current Liabilities	NOTE 8 – ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Accounts payable, accrued expenses and other current liabilities consist of the following: Successor Predecessor As of As of June 30, December 31, 2018 2017 (Unaudited) Accounts payable $ 9,476 $ 12,394 Other accrued expenses 2,506 2,893 Customer deposits 3,179 3,999 Accrued compensation 3,218 3,211 Accrued charge-backs 2,745 2,373 Accrued interest 314 311 Total $ 21,438 $ 25,181

Debt

Debt	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Debt	NOTE 9 – DEBT M&T Financing Agreement On March 15, 2018, the Company terminated and replaced the Bank of America (“BOA”) credit facility with a $200,000 Senior Secured Credit Facility with M&T Bank (the “M&T Facility”). The M&T Facility includes a Floor Plan Facility (the “M&T Floor Plan Line of Credit”), a Term Loan (the “M&T Term Loan”), and a Revolving Credit Facility (the “M&T Revolver”). The M&T Facility will mature on March 15, 2021. The M&T Facility requires the Company to meet certain financial and other covenants and is secured by substantially all the assets of the Company. The costs of the M&T Facility were recorded as a debt discount. On March 15, 2018, the Company repaid $96,740 outstanding under the BOA floor plan notes payable and $8,820 outstanding under the BOA term loan. As of June 30, 2018, the payment of dividends by the Company (other than from proceeds of revolving loans) was permitted under the M&T Facility, so long as at the time of payment of any such dividend, no event of default existed under the M&T Facility, or would result from the payment of such dividend, and so long as any such dividend was permitted under the M&T Facility. As of June 30, 2018, the maximum amount of cash dividends that the Company could make from legally available funds to its stockholders was limited to an aggregate of $9,982 pursuant to a trailing twelve month calculation as defined in the M&T Facility. Floor Plan Line of Credit The $175,000 M&T Floor Plan Line of Credit may be used to finance new vehicle inventory, but only $45,000 may be used to finance pre-owned vehicle inventory and $4,500 may be used to finance rental units. Principal becomes due upon the sale of the related vehicle. The M&T Floor Plan Line of Credit shall accrue interest at either (a) the fluctuating 30-day LIBOR rate plus an applicable margin which ranges from 2.00% to 2.30% based upon the Company’s total leverage ratio (as defined in the M&T Facility) or (b) the Base Rate plus an applicable margin ranging from 1.00% to 1.30% based upon the Company’s total leverage ratio (as defined in the M&T Facility). The Base Rate is defined in the M&T Facility as the highest of M&T’s prime rate, the Federal Funds rate plus 0.50% or one-month LIBOR plus 1.00%. In addition, the Company will be charged for unused commitments at a rate of 0.15%. The M&T Floor Plan Line of Credit consists of the following as of June 30, 2018: Successor As of June 30, 2018 (unaudited) Floor plan notes payable, gross $ 95,781 Debt discount (511 ) Floor plan notes payable, net of debt discount $ 95,270 Term Loan The $20,000 M&T Term Loan will be repaid in equal monthly principal installments of $242 plus accrued interest through the maturity date of March 15, 2021. At the maturity date, the Company will pay a principal balloon payment of $11,300 plus any accrued interest. The M&T Term Loan shall bear interest at (a) LIBOR plus an applicable margin of 2.25% to 3.00% based on the total leverage ratio (as defined in the M&T Facility) or (b) the Base Rate plus a margin of 1.25%-2.00% based on the total leverage ratio (as defined in the M&T Facility). Long-term debt consists of the following as of June 30, 2018: Successor As of June 30, 2018 (Unaudited) Gross Principal Amount Debt Discount Total Debt, Net of Debt Discount Term loan $ 19,275 $ (51 ) $ 19,224 Capital lease obligation-equipment 5 - 5 Total long-term debt 19,280 (51 ) 19,229 Less: current portion 2,905 - 2,905 Long term debt, non-current $ 16,375 $ (51 ) $ 16,324 Revolver The $5,000 M&T Revolver allows the Company to draw up to $5,000. The M&T Revolver shall bear interest at (a) 30-day LIBOR plus an applicable margin of 2.25% to 3.00% based on the total leverage ratio (as defined in the M&T Facility) or (b) the Base Rate plus a margin of 1.25%-2.00% based on the total leverage ratio (as defined in the M&T Facility). The M&T Revolver is also subject to unused commitment fees at rates varying from 0.25% to 0.50% based on the total leverage ratio (as defined in the M&T Facility). During the Successor period ended June 30, 2018, there were no outstanding borrowings under the M&T Revolver.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 10 – INCOME TAXES The Company recorded a provision for federal and state income taxes of $1,176 and $2,232 for the three months ended June 30, 2018 and June 30, 2017, respectively which represents effective tax rates of approximately 39% and 38%, respectively. The Company recorded a provision for federal and state income taxes of $1,625 for the Successor Period from March 15 for the Predecessor periods from January 1, 2018 to March 14, 2018 and 4,677 for the six months months ended June 30, 2017, respectively, which represent effective tax rates of approximately 39%, 24%, and 38%, respectively. The Company’s 2018 effective tax rates differ from the federal statutory rate of 21% primarily due to local and state income tax rates, net of the federal tax effect as well as the non-deductibility of certain transaction costs and stock-based compensation expense. The Company’s 2017 effective tax rates differ from the federal statutory rate of 35% primarily due to local and state income tax rates, net of the federal tax effect. Due to the Tax Cuts and Jobs Act, the Company’s federal income tax rate decreased from 35% in 2017 to 21% in 2018. Deferred tax assets and liabilities were as follows: Successor Predecessor As of As of June 30, December 31, 2018 2017 (Unaudited) Deferred tax assets: Accounts receivable $ 253 $ 253 Accrued charge-backs 634 594 Other accrued liabilities 527 424 Goodwill - 274 Financing liability 14,005 13,574 Transaction costs - 579 Stock based compensation - 165 Other, net (65 ) 215 15,354 16,078 Deferred tax liabilities: Prepaid expenses (118 ) (202 ) Inventories (4,605 ) (1,531 ) Property and equipment (15,349 ) (9,178 ) Intangible assets (15,652 ) (5,023 ) (35,724 ) (15,934 ) Net deferred tax assets/ (liabilities) $ (20,370 ) $ 144

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2018
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 11 – RELATED PARTY TRANSACTIONS On March 15, 2018, the non-executive Chairman of the Board of Andina was repaid aggregate outstanding notes payable totaling $661. In addition, $100 was repaid to other employees of Andina. On March 15, 2018, in connection with the Mergers, the Company paid Hydra Management, LLC, an affiliate of A. Lorne Weil, an initial shareholder of Andina and the father of B. Luke Weil, a member of the Company’s Board of Directors, $500 as compensation for advisory services in connection with the Mergers.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 12 - COMMITMENTS AND CONTINGENCIES Employment Agreements The Company entered into employment agreements with the Chief Executive Officer (“CEO”) and the Chief Financial Officer (“CFO”) of the Company effective as of the consummation of the Mergers. The employment agreements with the CEO and the CFO provide for initial base salaries of $540 and $325, respectively, subject to annual discretionary increases. In addition, each executive is eligible to participate in any employee benefit plans adopted by the Company from time to time and is eligible to receive an annual cash bonus based on the achievement of performance objectives. The CEO’s target bonus is 100% of his base salary and the CFO’s target bonus is 75% of her base salary. The employment agreements also provide that each executive is to be granted an option to purchase shares of common stock of the Company (See Note 14 – Stockholders’ Equity). The employment agreements provide that if the executive is terminated for any reason, he or she is entitled to receive any accrued benefits, including any earned but unpaid portion of base salary through the date of termination, subject to withholding and other appropriate deductions. In addition, in the event the executive resigns for good reason or is terminated without cause (all as defined in the employment agreement) prior to January 1, 2022, subject to entering into a release, the Company will pay the executive severance equal to (i) two times base salary and average bonus for the CEO and (ii) one times base salary and average bonus for the CFO. On April 30, 2018, the former CFO announced her voluntary resignation from the Company, effective May 11, 2018. Subsequent to March 31, 2018, the Company entered into an offer letter with the new Chief Financial Officer (the “new CFO”) of the Company. The offer letter provides for an initial base salary of $325 per year subject to annual discretionary increases. In addition, the executive is eligible to participate in any employee benefit plans adopted by the Company from time to time and is eligible to receive an annual cash bonus based on the achievement of performance objectives. The new CFO’s target bonus is 75% of his annual base salary (with a potential to earn a maximum of up to 150% of his target bonus). The offer letter also provides that the executive is to be granted an option to purchase shares of common stock of the Company. He is also being provided with a relocation allowance of $100 which the new CFO will be required to repay if he resigns from the Company or is terminated by the Company for cause within two years of his start date. If he is terminated without cause, he will receive twelve months of his base salary as severance. If he is terminated following a change in control, he is also eligible to receive a pro-rated bonus, if the board of directors determines that the performance objectives have been met. He also was granted an option to purchase shares of common stock of the Company (See Note 14- Stockholders’ Equity). Director Compensation The Company’s non-employee members of the board of directors will receive annual cash compensation of $50 for serving on the board of directors, $5 for serving on a committee of the board of directors (other than the Chairman of each of the committees) and $10 for serving as the Chairman of any of the committees of the board of directors. Legal Proceedings The Company is a party to numerous legal proceedings that arise in the ordinary course of business. The Company has certain insurance coverage and rights of indemnification. The Company does not believe that the ultimate resolution of these matters will have a material adverse effect on the Company’s business, results of operations, financial condition, or cash flows. However, the results of these matters cannot be predicted with certainty and an unfavorable resolution of one or more of these matters could have a material adverse effect on the Company’s business, results of operations, financial condition, and/or cash flows. Operating Leases The Company leases various land, office and dealership equipment under non-cancellable operating leases. These leases have terms ranging from 36 months to 4 years and expire through 2022. Rent expense associated with operating leases was as follows (unaudited): Three Months Six Months Successor Predecessor Successor Predecessor April 1, 2018 to June 30, 2018 April 1, 2017 to June 30, 2017 March 15, 2018 to June 30, 2018 January 1, 2018 to March 14, 2018 January 1, 2017 to June 30, 2017 Rent expense $ 507 $ 509 $ 586 $ 394 $ 963 Transaction Incentive Plan On January 30, 2017, the Company’s Board of Directors approved the Company’s Transaction Incentive Plan, which provided incentives to eight directors and employees of the Company upon the consummation of a qualifying sale transaction. The Transaction Incentive Plan expires on October 31, 2020. To the extent the proceeds received in a qualifying sale transaction exceed certain specified thresholds (the “Excess Amount”), participants in the Transaction Incentive Plan who met the specified service requirements were entitled to a cash and stock award on the closing date of the qualifying sale transaction equal to their awarded percentage of the Excess Amount. The cash and stock awards were paid from the consideration of the qualifying sale transaction. The Mergers (see Note 3 – Business Combination) represented a qualifying sale transaction that resulted in the payment to plan participants of an aggregate of $1,510 of cash (including amounts held in escrow) and 51,896 shares of Holdings’ common stock with a value of $534 based on the March 15, 2018 closing price of $10.29 per Andina share. As of the date of the Mergers, an additional $250 will be paid in cash and stock upon the release of amounts held in escrow under the Merger Agreement. On May 15, 2018, $40 was released from escrow pursuant to the working capital adjustment.

Preferred Stock

Preferred Stock	6 Months Ended
	Jun. 30, 2018
Equity [Abstract]
Preferred Stock	NOTE 13 – PREFERRED STOCK Simultaneous with the closing of the Mergers, the Company consummated a private placement with institutional investors for the sale of convertible preferred stock, common stock, and warrants for an aggregate purchase price of $94,800 (the “PIPE Investment”). At the closing, the Company issued an aggregate of 600,000 shares of Series A Preferred Stock for gross proceeds of $60,000. The investors in the PIPE Investment were granted certain registration rights as set forth in the securities purchase agreements. The holders of the Series A Preferred Stock include 500,000 shares owned by funds managed by a member of the Company’s Board of Directors. The Series A Preferred Stock ranks senior to all outstanding stock of the Company. Holders of the Series A Preferred Stock are entitled to vote on an as-converted basis together with the holders of the Common Stock, and not as a separate class, at any annual or special meeting of stockholders. Each share of Series A Preferred Stock is convertible at the holder’s election at any time, at an initial conversion price of $10.0625 per share, subject to adjustment (as applicable, the “Conversion Price”). Upon any conversion of the Series A Preferred Stock, the Company will be required to pay each holder converting shares of Series A Preferred Stock all accrued and unpaid dividends, in either cash or shares of common stock, at the Company’s option. The Conversion Price will be subject to adjustment for stock dividends, forward and reverse splits, combinations and similar events, as well as for certain dilutive issuances. Dividends on the Series A Preferred Stock accrue at an initial rate of 8% per annum (the “Dividend Rate”), compounded quarterly, on each $100 of Series A Preferred Stock (the “Issue Price”) and are payable quarterly in arrears. Accrued and unpaid dividends, until paid in full in cash, will accrue at the then applicable Dividend Rate plus 2%. The Dividend Rate will be increased to 11% per annum, compounded quarterly, in the event that the Company’s senior indebtedness less unrestricted cash during any trailing twelve-month period ending at the end of any fiscal quarter is greater than 2.25 times earnings before interest, taxes, depreciation and amortization (“EBITDA”). The Dividend Rate will be reset to 8% at the end of the first fiscal quarter when the Company’s senior indebtedness less unrestricted cash during the trailing twelve-month period ending at the end of such quarter is less than 2.25 times EBITDA. If, at any time following the second anniversary of the issuance of the Series A Preferred Stock, the volume weighted average price of the Company’s common stock equals or exceeds $25.00 per share (as adjusted for stock dividends, splits, combinations and similar events) for a period of thirty consecutive trading days, the Company may elect to force the conversion of any or all of the outstanding Series A Preferred Stock at the Conversion Price then in effect. From and after the eighth anniversary of the issuance of the Series A Preferred Stock, the Company may elect to redeem all, but not less than all, of the outstanding Series A Preferred Stock in cash at the Issue Price plus all accrued and unpaid dividends. From and after the ninth anniversary of the issuance of the Series A Preferred Stock, each holder of Series A Preferred Stock has the right to require the Company to redeem all of the holder’s outstanding shares of Series A Preferred Stock in cash at the Issue Price plus all accrued and unpaid dividends. In the event of any liquidation, merger, sale, dissolution or winding up of the Company, holders of the Series A Preferred Stock will have the right to (i) payment in cash of the Issue Price plus all accrued and unpaid dividends, or (ii) convert the shares of Series A Preferred Stock into common stock and participate on an as-converted basis with the holders of common stock. So long as the Series A Preferred Stock is outstanding, the holders thereof, by the vote or written consent of the holders of a majority in voting power of the outstanding Series A Preferred Stock, shall have the right to designate two members to the board of directors. In addition, five-year warrants to purchase 596,273 shares of common stock at an exercise price of $11.50 per share were issued in conjunction with the issuance of the Series A Preferred Stock. The warrants may be exercised for cash or, at the option of the holder, on a “cashless basis” pursuant to the exemption provided by Section 3(a)(9) of the Securities Act. The warrants may be called for redemption in whole and not in part, at a price of $0.01 per share of common stock, if the last reported sales price of the Company’s common stock equals or exceeds $24.00 per share for any 20 trading days within a 30-day trading period ending on the third business day prior to the notice of redemption to warrant holders, if there is a current registration statement in effect with respect to the shares underlying the warrants. The Series A Preferred Stock, while convertible into common stock, is also redeemable at the holder’s option and, as a result, is classified as temporary equity in the condensed consolidated balance sheets. An analysis of its features determined that the Series A Preferred Stock was more akin to equity. While the embedded conversion option (“ECO”) was subject to an anti-dilution price adjustment, since the ECO was clearly and closely related to the equity host, it was not required to be bifurcated and it was not accounted for as a derivative liability under ASC 815. After factoring in the relative fair value of the warrants issued in conjunction with the Series A Preferred Stock, the effective conversion price is $9.72 per share, compared to the market price of $10.29 per share on the date of issuance. As a result, a $3,392 beneficial conversion feature was recorded as a deemed dividend in the condensed consolidated statement of income because the Series A Preferred Stock is immediately convertible, with a credit to additional paid-in capital. The relative fair value of the warrants issued with the Series A Preferred Stock of $2,035 was recorded as a reduction to the carrying amount of the preferred stock in the condensed consolidated balance sheet. In addition, aggregate offering costs of $2,981 consisting of cash and the value of five-year warrants to purchase 178,882 shares of common stock at an exercise price of $11.50 per share issued to the placement agent were recorded as a reduction to the carrying amount of the preferred stock. The $632 value of the warrants was determined utilizing the Black-Scholes option pricing model using a term of 5 years, a volatility of 39%, a risk-free interest rate of 2.61%, and a 0% rate of dividends. The discount associated with the Series A Preferred Stock wasn’t accreted during the Successor period because redemption was not currently deemed to be probable. On June 19, 2018, the Company’s Board of Directors declared a dividend payment on the Series A Preferred Stock of $1,425 for the period from March 15, 2018 to March 31, 2018 and for the period from April 1, 2018 to June 30, 2018. The dividend was paid on July 2, 2018 to the holders.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2018
Equity [Abstract]
Stockholders' Equity	NOTE 14 – STOCKHOLDERS’ EQUITY Successor Authorized Capital The Company is authorized to issue 100,000,000 shares of common stock, $0.0001 par value, and 5,000,000 shares of preferred stock, $0.0001 par value. The holders of the Company’s common stock are entitled to one vote per share. The holders of Series A Preferred Stock are entitled to the number of votes equal to the number of shares of common stock into which the holder’s shares are convertible. These holders of Series A Preferred Stock also participate in dividends if they are declared by the Board. See Note 13 – Preferred Stock for additional information associated with the Series A Preferred Stock. 2018 Plan On March 15, 2018, the Company adopted the 2018 Long-Term Incentive Equity Plan (the “2018 Plan”). The 2018 Plan reserves up to 13% of the shares outstanding on a fully diluted basis. The 2018 Plan is administered by the Compensation Committee of the board of directors, and provides for awards of options, stock appreciation rights, restricted stock, restricted stock units, warrants or other securities which may be convertible, exercisable or exchangeable for or into common stock. Due to the fact that the fair market value per share immediately following the closing of the Mergers was greater than $8.75 per share, the number of shares authorized for awards under the 2018 Plan was increased by a formula (as defined in the 2018 Plan) not to exceed 18% of shares then outstanding on a fully diluted basis. As of June 30, 2018 there were 166,145 shares available to be issued under the 2018 Plan. Common Stock On March 15, 2018, the Company had 1,872,428 shares of common stock outstanding prior to the consummation of the Mergers. On March 15, 2018, Andina rights holders converted their existing rights at a ratio of one share of common stock for seven Andina rights. As a result, 615,436 shares of common stock of the Company were issued to former Andina rights holders. On March 15, 2018, holders of 472,571 shares of Andina common stock, which had been subject to redemption prior to the Mergers, were reclassified from temporary equity to stockholders’ equity at their carrying value of $4,910. On March 15, 2018, 2,857,189 shares of common stock at a price per share of $10.29 were issued to the former stockholders of Lazydays RV in conjunction with the Mergers for a total value of $29,400. Simultaneous with the Mergers, in addition to the Series A Preferred Stock and warrants issued in the PIPE investment, the Company sold 2,653,984 shares of common stock, perpetual non-redeemable pre-funded warrants to purchase 1,339,499 shares of common stock at an exercise price of $0.01 per share, and five-year warrants to purchase 1,630,927 shares of common stock at an exercise price of $11.50 per share for gross proceeds of $34,783. The Company incurred offering costs of $2,065 which was recorded as a reduction to additional paid-in capital in the condensed consolidated balance sheet. The five-year warrants may be exercised for cash or, at the option of the holder, on a “cashless basis” pursuant to the exemption provided by Section 3(a)(9) of the Securities Act by surrendering the warrants for that number of shares of common stock as determined under the warrants. These warrants may be called for redemption in whole and not in part, at a price of $0.01 per share if the last reported sales price of the Company’s common stock equals or exceeds $24.00 per share for any 20 trading days within a 30-day trading period ending on the third business day prior to the notice of redemption to warrant holders, if there is a current registration statement in effect with respect to the common stock underlying the warrants. In addition, five-year warrants to purchase 116,376 shares of common stock at an exercise price of $11.50 per share were issued to the placement agent. Unit Purchase Options On November 24, 2015, Andina sold options to purchase an aggregate of 400,000 units (collectively, the “Unit Purchase Options”) to an investment bank and its designees for $100. The Unit Purchase Options are exercisable at $10.00 per unit, as a result of the Merger described in Note 3 – Business Combination and they expire on November 24, 2020. The Unit Purchase Options represent the right to purchase an aggregate of 457,142 shares of common stock (which includes 57,142 shares of common stock issuable for the rights included in the units, as well as warrants to purchase 200,000 shares of common stock for $11.50 per share). The Unit Purchase Options grant to the holders “demand” and “piggy back” registration rights for periods of five and seven years, respectively, with respect to the securities directly and indirectly issuable upon exercise of the Unit Purchase Options. The Unit Purchase Options may be exercised for cash or on a “cashless” basis, at the holder’s option, such that the holder may use the appreciated value of the Unit Purchase Options (the difference between the exercise price of the Unit Purchase Option and the market price of the Unit Purchase Options and the underlying shares of common stock) to exercise the Unit Purchase Options without the payment of any cash. The Company will have no obligation to net cash settle the exercise of the Unit Purchase Options or the underlying rights or warrants. Warrants As of March 15, 2018, holders of Andina warrants exchanged their existing warrants to purchase 2,155,000 shares of common stock for warrants to purchase 2,155,000 shares of Company common stock at an exercise price of $11.50 per share and a contractual life of five years from the date of the Mergers. If a registration statement covering the 2,000,000 of the shares issuable upon exercise of the public warrants is not effective, warrant holders may, until such time as there is an effective registration statement and during any period when the Company shall have failed to maintain an effective registration statement, exercise warrants on a cashless basis. The warrants may be called for redemption in whole and not in part, at a price of $0.01 per warrant, if the last reported sales price of the Company’s common stock equals or exceeds $24.00 per share for any 20 trading days within a 30-day trading period ending on the third business day prior to the notice of redemption to warrant holders, if there is a current registration statement in effect with respect to the shares underlying the warrants. Of the warrants to purchase 2,155,000 shares of common stock originally issued by Andina, 155,000 are not redeemable and are exercisable on a cashless basis at the holder’s option. Additionally, warrants to purchase 2,522,458 shares of common stock were issued with the PIPE Investment, including warrants issued to the investment bank but excluding prefunded warrants. The Company had the following activity related to shares underlying warrants: Shares Underlying Warrants Weighted Average Exercise Price Warrants outstanding March 15, 2018 - $ - Granted 4,677,458 $ 11.50 Cancelled or Expired - $ - Exercised - $ - Warrants outstanding June 30, 2018 4,677,458 $ 11.50 The table above excludes perpetual non-redeemable prefunded warrants to purchase 1,339,499 shares of common stock with an exercise price of $0.01 per share. The table also excludes warrants to purchase 200,000 shares of common stock which are issuable upon exercise of the Unit Purchase Options. Stock Options Stock option activity is summarized below: Shares Underlying Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Value Options outstanding at March 15, 2018 - $ - Granted 4,271,128 $ 11.10 Cancelled or terminated (612,707 ) $ 11.08 Exercised - $ - Options outstanding at June 30, 2018 3,658,421 $ 11.10 4.74 $ - Options vested at June 30, 2018 - $ - - $ - Awards with Market Conditions On March 16, 2018, the Company granted five-year incentive stock options to purchase 3,573,113 shares of common stock at an exercise price of $11.10 per share to employees pursuant to the 2018 Plan, including 1,458,414 shares underlying the CEO’s stock options and 583,366 shares underlying the former CFO’s stock options. A set percentage of the stock options shall vest upon the volume weighted average price (“VWAP”) of the common stock, as defined in the option agreements, being equal to or greater than a specified price per share for at least thirty (30) out of thirty-five (35) consecutive trading days, as follows and are exercisable only to the extent that they are vested: 30% of the options shall vest upon exceeding $13.125 per share; an additional 30% of the options shall vest upon exceeding $17.50 per share; an additional 30% of the options shall vest upon exceeding $21.875 per share; and an additional 10% of the options shall vest upon exceeding $35.00 per share; provided that the option holder remains continuously employed by the Company (and/or any of its subsidiaries) from the grant date through (and including) the relevant date of vesting. On May 7, 2018, the Company hired a new CFO who received 583,366 shares underlying options under the same terms as the former CFO. On June 15, 2018, the former CFO forfeited her existing 583,366 options. The fair value of the awards issued on March 16, 2018 of $15,004 was determined using a Monte Carlo simulation based on a 5-year term, a risk-free rate of 2.62%, an annual dividend yield of 0%, and an annual volatility of 42.8%. The expense is being recognized over the derived service period of each vesting tranche which was determined to be 0.74 years, 1.64 years, 2.24 years, and 3.13 years. The fair value of the awards issued on May 7, 2018 of $2,357 was determined using a Monte Carlo simulation based on a 5- year term, a risk-free rate of 2.74%, an annual volatility of 54.70%, and an annual dividend yield of 0%. The expense is being recognized over the derived service period of each vesting tranche which was determined to be 0.97 years, 1.75 years, 2.15 years, and 2.96 years. The expense recorded for awards with market conditions was $2,621 during the three months ended June 30, 2018 and $3,100 during the Successor period from March 15, 2018 to June 30, 2018, which is included in operating expenses in the condensed consolidated statements of income. Awards with Service Conditions On March 16, 2018, the Company granted five-year stock options to purchase an aggregate of 99,526 shares at an exercise price of $11.10 per share to the non-employee directors of the Company, pursuant to the 2018 Plan. These options vest over three years with one-third vesting on each of the respective anniversary dates. On March 23, 2018, stock options to purchase 14,218 shares of common stock that had been issued to one non-employee director were canceled, while new five-year options to purchase 15,123 shares of common stock at an exercise price of $10.40 per share were issued to certain investment funds pursuant to an arrangement between the same non-employee director and the investment adviser to the funds. The new options vest over three years with one-third vesting on each of the respective anniversary dates. On May 31, 2018, a non-employee director resigned and options to purchase 15,123 shares of common stock were forfeited. The $350 fair value of these awards was determined using the Black-Scholes option pricing model based on a 3.5 year expected life, a risk-free rate of 2.42%, an annual dividend yield of 0%, and an annual volatility of 39%. The expense is being recognized over the three-year vesting period. The expense recorded for these awards was $25 during the three months ended June 30, 2018 and $29 during the Successor period from March 15, 2018 to June 30, 2018, which is included in operating expenses in the condensed consolidated statements of income. The expected life was determined using the simplified method as the awards were determined to be plain-vanilla options. As of June 30, 2018, total unrecorded compensation cost related to non-vested awards was $12,078 which is expected to be amortized over a weighted average service period of approximately 1.44 years. The weighted average grant date fair value of awards issued during the Successor period was $4.16 per share. Predecessor Stock Options The Company recognized stock-based compensation expense of $140 and $122 related to the 2017 Stock Option Plan for the period from January 1, 2018 to March 14, 2018 and the period from April 1, 2017 to June 30, 2017, respectively, which is included within operating expenses on the condensed consolidated statements of income. The Company recorded $241 related to the 2017 Stock Option Plan for the six months ended June 30, 2017 which is included within operating expenses on the condensed consolidated statements of operations. On March 15, 2018, as a result of the consummation of the Mergers (see Note 3 – Business Combination), the vesting of the existing options accelerated and the option holders of the Predecessor became entitled to receive an aggregate of $2,636, of which $1,500 was distributable in cash and $530 was distributable in the form of 51,529 shares of common stock. An additional amount will be paid to the option holders in cash and stock upon the release of the amounts held in escrow under the Merger Agreement. These payments were allocated from the purchase consideration due to the sellers being associated with the Business Combination. On May 15, 2018, $109 was released from escrow as part of the working capital adjustment.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	NOTE 15 – SUBSEQUENT EVENTS On August 7, 2018, the Company consummated its asset purchase agreement with Shorewood RV Center, a Minnesota business corporation. Simultaneous with execution of the asset purchase agreement, the Company executed a real estate purchase agreement with the owner of Shorewood RV Center. The purchase price consists of cash and a note payable to the seller of Shorewood RV Center. In addition, the Company has acquired the inventory of Shorewood RV Center and has added the inventory to the M&T Floor Plan Line of Credit. The Company entered into a sales arrangement with a third party for the assets purchased in the real estate purchase agreement and simultaneously leased the property back from the third party. The Company is evaluating the accounting effect of the transaction.

Significant Accounting Polici22

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. For additional information, these condensed consolidated financial statements should be read in conjunction with Lazydays R.V, Center Inc.’s consolidated financial statements and notes as of December 31, 2017 and 2016 and for the years then ended, included in the Report on Form 8-K filed with the SEC on March 21, 2018. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.
Principles of Consolidation	Principles of Consolidation Successor The condensed consolidated financial statements in the period from March 15, 2018 to June 30, 2018 include the accounts of Holdings, Lazydays RV and its wholly owned subsidiary LDRV Holdings Corp. LDRV Holdings Corp is the sole owner of Lazydays Land Holdings, LLC, Lazydays Tampa Land Holdings, LLC, Lazydays RV America, LLC, Lazydays RV Discount, LLC, and Lazydays Mile Hi RV, LLC (collectively, the “Company”, “Lazydays” or “Successor”). All significant inter-company accounts and transactions have been eliminated in consolidation. Predecessor The condensed consolidated financial statements in the periods from January 1, 2018 to March 14, 2018 and January 1, 2017 through June 30, 2017 include the accounts of Lazydays RV and its wholly owned subsidiary LDRV Holdings Corp. LDRV Holdings Corp is the sole owner of Lazydays Arizona, LLC, Lazydays Land Holdings, LLC, Lazydays Tampa Land Holdings, LLC, Lazydays RV America, LLC, Lazydays RV Discount, LLC, and Lazydays Mile Hi RV, LLC (collectively, the “Predecessor”). All significant inter-company accounts and transactions have been eliminated in consolidation. Predecessor and Successor Periods As a result of the Mergers, Holdings is the acquirer for accounting purposes and Lazydays R.V. Center, Inc. is the acquiree and the accounting predecessor. The financial statement presentation distinguishes the results into two distinct periods, the period up to March 15, 2018 (the “Acquisition Date”) (“Predecessor Periods”) and the period including and after that date (the “Successor Period”). The Mergers were accounted for as a business combination using the acquisition method of accounting and the Successor financial statements reflect a new basis of accounting that is based on the fair value of the net assets acquired. As a result of the application of the acquisition method of accounting as of the effective time of the Transaction Merger, the accompanying condensed consolidated financial statements include a black line division which indicates that the Predecessor and Successor reporting entities shown are presented on a different basis and are, therefore, not directly comparable. The historical financial information of Andina, (which was a special purpose acquisition company) prior to the business combination has not been reflected in the Predecessor financial statements as these historical amounts have been considered immaterial. Accordingly, no other activity in the Company was reported in the Predecessor Period other than the activity of Lazydays RV.
Use of Estimates in the Preparation of Financial Statements	Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include the assumptions used in the valuation of the net assets acquired in business combinations, goodwill and other intangible assets, provision for charge-backs, inventory write-downs, the allowance for doubtful accounts and stock-based compensation.
Revenue Recognition	Revenue Recognition The Company recognizes revenue when the following four criteria are met: (1) delivery has occurred or services rendered; (2) persuasive evidence of an arrangement exists; (3) fees are fixed or determinable, and (4) the collection of related accounts receivable is probable. Revenue from the sale of vehicles is recognized on delivery, transfer of title and completion of financing arrangements. Revenue from parts, sales, and service is recognized on delivery of the service or product. Revenue from parts, sales, and service is recognized in other revenue in the accompanying condensed consolidated statements of income. Revenue from the rental of vehicles is recognized pro rata over the period of the rental agreement. The rental agreements are generally short-term in nature. Revenue from rentals is included in other revenue in the accompanying condensed consolidated statements of income. The Company receives commissions from the sale of insurance and vehicle service contracts to customers. In addition, the Company arranges financing for customers through various financial institutions and receives commissions. The Company may be charged back (“charge-backs”) for financing fees, insurance or vehicle service contract commissions in the event of early termination of the contracts by the customers. The revenues from financing fees and commissions are recorded at the time of the sale of the vehicles and an allowance for future charge-backs is established based on historical operating results and the termination provision of the applicable contracts. The Company recognized finance and insurance revenues, net of chargebacks, which is included in other revenue as follows (unaudited): Three Months Six Months Successor Predecessor Successor Predecessor April 1, 2018 to June 30, 2018 April 1, 2017 to June 30, 2017 March 15, 2018 to June 30, 2018 January 1, 2018 to March 14, 2018 January 1, 2017 to June 30, 2017 Gross finance and insurance revenues $ 9,060 $ 8,292 $ 11,576 $ 7,483 $ 17,243 Chargebacks (841 ) (699 ) (921 ) (622 ) (1,126 ) Net Finance Revenue $ 8,219 $ 7,593 $ 10,655 $ 6,861 $ 16,117 The Company has an accrual for charge-backs which totaled $2,745 and $2,373 at June 30, 2018 and December 31, 2017, respectively, and is included in accounts payable, accrued expenses, and other current liabilities in the accompanying condensed consolidated balance sheets. Deposits on vehicles received in advance are accounted for as a liability and recognized into revenue upon completion of each respective transaction.
Occupancy Costs	Occupancy Costs As a retail merchandising organization, the Company has elected to classify occupancy costs as selling, general and administrative expense in the condensed consolidated statements of income.
Inventories	Inventories Vehicle and parts inventories are recorded at the lower of cost or net realizable value, with cost determined by the last-in, first-out (“LIFO”) method. Cost includes purchase costs, reconditioning costs, dealer-installed accessories, and freight. For vehicles accepted in trades, the cost is the fair value of such used vehicles at the time of the trade-in. Retail parts, accessories, and other inventories primarily consist of retail travel and leisure specialty merchandise. The current replacement costs of LIFO inventories exceeded their recorded values by $0 and $11,930 as of June 30, 2018 and December 31, 2017, respectively. The amount by which current replacement costs of LIFO inventories exceeded their recorded values as of June 30, 2018 was considered to be immaterial.
Property and Equipment	Property and Equipment Property and equipment are stated at cost less accumulated depreciation and amortization. Expenditures for maintenance and repairs are charged to expense in the period incurred. Improvements and additions are capitalized. Depreciation of property and equipment is provided using the straight-line method over the estimated useful lives of the assets. Leasehold improvements are amortized using the straight-line method over the lesser of the useful life of the asset or the term of the lease. Successor Useful lives range from 2 to 26 years for buildings and improvements and from 2 to 12 years for vehicles and equipment. Predecessor Useful lives range from 15 to 20 years for buildings and improvements and from 2 to 7 years for vehicles and equipment.
Goodwill and Intangible Assets	Goodwill and Intangible Assets The Company’s goodwill, trade names and trademarks are deemed to have indefinite lives, and accordingly are not amortized, but are evaluated at least annually for impairment and more often whenever changes in facts and circumstances may indicate that the carrying value may not be recoverable. The Company’s manufacturer and customer relationships are amortized over their estimated useful lives on a straight-line basis. Successor The estimated useful lives are 12 years for both the manufacturer and customer relationships. Predecessor The estimated useful lives were 13 to 18 years for the manufacturer relationships. The customer relationships were fully amortized and had a net carrying value of $0 at December 31, 2017.
Cumulative Redeemable Convertible Preferred Stock	Cumulative Redeemable Convertible Preferred Stock The Company’s Series A Preferred Stock (See Note 13 – Preferred Stock) is cumulative redeemable convertible preferred stock. Accordingly, it is classified as temporary equity and is shown net of issuance costs and the relative fair value of warrants issued in conjunction with the issuance of the Series A Preferred Stock. Unpaid preferred dividends are accumulated, compounded at each quarterly dividend date and presented within the carrying value of the Series A Preferred Stock until a dividend is declared by the Board of Directors.
Stock Based Compensation	Stock Based Compensation The Company accounts for stock-based compensation for employees and directors in accordance with Accounting Standards Codification (“ASC”) 718, Compensation (“ASC 718”). ASC 718 requires all share-based payments to employees, including grants of employee stock options, to be recognized in the statement of operations based on their fair values. Under the provisions of ASC 718, stock-based compensation costs are measured at the grant date, based on the fair value of the award, and are recognized as expense over the employee’s requisite or derived service period. In accordance with ASC 718, excess tax benefits realized from the exercise of stock-based awards are classified as cash flows from operating activities. All excess tax benefits and tax deficiencies (including tax benefits of dividends on share-based payment awards) are recognized as income tax expense or benefit in the condensed consolidated statements of income.
Earnings Per Share	Earnings Per Share The Company computes basic and diluted earnings/(loss) per share (“EPS”) by dividing net earnings/(loss) by the weighted average number of shares of common stock outstanding during the period. The Company is required, in periods in which it has net income, to calculate EPS using the two-class method. The two-class method is required because the Company’s Series A Preferred Stock have the right to receive dividends or dividend equivalents should the Company declare dividends on its common stock. Under the two-class method, earnings for the period are allocated on a pro-rata basis to the common and preferred stockholders. The weighted-average number of common and preferred shares outstanding during the period is then used to calculate basic EPS for each class of shares. In periods in which the Company has a net loss, basic loss per share is calculated by dividing the loss attributable to common stockholders by the weighted-average number of common shares outstanding during the period. The two-class method is not used, because the preferred stock does not participate in losses. During the Successor Period from March 15, 2018 to June 30, 2018, basic and diluted net loss per common share are the same since the inclusion of common stock issuable pursuant to the exercise of the Company’s Series A Convertible Preferred Stock (utilizing the if converted method), plus unit purchase options, stock options and warrants on the calculation of diluted net loss per common share would have been anti-dilutive. The following table summarizes net income (loss) attributable to common stockholders used in the calculation of basic and diluted loss per common share: Successor Three Months Ended June 30, 2018 Period From March 15, 2018 to June 30, 2018 (Dollars in thousands - except per share amounts) Distributed earnings allocated to common stock $ - $ - Undistributed earnings (loss) allocated to common stock 388 (2,284 ) Net earnings (loss) allocated to common stock 388 (2,284 ) Net earnings allocated to participating securities 239 - Net income (loss) allocated to common stock and participating securities $ 627 $ (2,284 ) Weighted average shares outstanding for basic earnings per common share 9,668,250 9,668,250 Dilutive effect of warrants and options 0 0 Weighted average shares outstanding for diluted earnings per common share 9,668,250 9,668,250 Basic earnings (loss) per common share $ 0.04 $ (0.24 ) Diluted earnings (loss) per common share $ 0.04 $ (0.24 ) During the Successor Periods from April 1, 2018 to June 30, 2018 and March 15, 2018 to June 30, 2018, the denominator of the basic and dilutive EPS was calculated as follows: April 1, 2018 to June 30, 2018 March 15, 2018 to June 30, 2018 Basic Earnings/(Loss) per Share Weighted average outstanding common shares 8,471,608 8,471,608 Weighted average shares held in escrow (142,857 ) (142,857 ) Weighted average prefunded warrants 1,339,499 1,339,499 Weighted shares outstanding - basic 9,668,250 9,668,250 For the Successor period, the following common stock equivalent shares were excluded from the computation of the diluted loss per share, since their inclusion would have been anti-dilutive: April 1, 2018 to June 30, 2018 March 15, 2018 to June 30, 2018 Shares underlying Series A Convertible Preferred Stock - 5,962,733 Shares underlying warrants 4,677,458 4,677,458 Stock options 3,658,421 3,658,421 Shares underlying unit purchase options 657,142 657,142 Share equivalents excluded from EPS 8,993,021 14,955,754
Advertising Costs	Advertising Costs Advertising and promotion costs are charged to operations in the period incurred and totaled approximately $2,996 and $2,521 for the three months ended June 30, 2018 and 2017, respectively. Advertising and promotion costs totaled approximately $3,353 for the period from March 15, 2018 to June 30, 2018 (Successor Period). Advertising and promotion charges were $2,624 and $5,776 for the Predecessor periods from January 1, 2018 to March 14, 2018 and January 1, 2017 to June 30, 2017, respectively.
Income Taxes	Income Taxes The Company recognizes deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Deferred tax assets and liabilities are determined based on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The Company estimates the degree to which tax assets and credit carry forwards will result in a benefit based on expected profitability by tax jurisdiction. In its interim financial statements, the Company follows the guidance in ASC 270, “Interim Reporting” and ASC 740 “Income Taxes”, whereby the Company utilizes the expected annual effective tax rate in determining its income tax provisions for the interim periods.
Seasonality	Seasonality The Company’s operations generally experience modestly higher vehicle sales in the first half of each year due in part to consumer buying trends and the hospitable warm climate during the winter months at the Company’s largest location (Tampa).
Vendor Concentrations	Vendor Concentrations The Company purchases its new recreational vehicles and replacement parts from various manufacturers. From April 1, 2018 to June 30, 2018, four major manufacturers accounted for 33.2%, 26.8%, 16.7%, and 15.9% of RV purchases. During the Successor period from March 15, 2018 to June 30, 2018, four major manufacturers accounted for 32.7%, 29.3%, 16.0% and 13.8% of RV purchases. During the Predecessor Period from January 1, 2018 to March 14, 2018, four major manufacturers accounted for 36.1%, 21.4%, 18.2%, and 16.1% of RV purchases. During the Predecessor period from April 1, 2017 to June 30, 2017, four major manufacturers accounted for 29.3%, 28.6%, 20.1%, and 13.0% of RV purchases. During the Predecessor period from January 1, 2017 to June 30, 2017, four major manufacturers accounted for 30.9%, 25.7%, 20.8%, and 15.1% of RV purchases. The Company is subject to dealer agreements with each manufacturer. The manufacturer is entitled to terminate the dealer agreement if the Company is in material breach of the agreement terms.
Geographic Concentrations	Geographic Concentrations Revenues generated by customers of the Florida location and the Colorado locations were as follows (unaudited): Three Months Six Months Successor Predecessor Successor Predecessor April 1, 2018 to June 30, 2018 April 1, 2017 to June 30, 2017 March 15, 2018 to June 30, 2018 January 1, 2018 to March 14, 2018 January 1, 2017 to June 30, 2017 Florida 74 % 76 % 75 % 81 % 79 % Colorado 19 % 17 % 18 % 11 % 14 % These geographic concentrations increase the exposure to adverse developments related to competition, as well as economic, demographic, weather and other changes in these regions.
Subsequent Events	Subsequent Events Management of the Company has analyzed the activities and transactions subsequent to June 30, 2018 through the date these condensed consolidated financial statements were issued to determine the need for any adjustments to or disclosures within the financial statements. Except as disclosed in Note 15 – Subsequent Events, the Company did not identify any recognized or non-recognized subsequent events that would require disclosure in the condensed consolidated financial statements.
Recently Issued Accounting Standards	Recently Issued Accounting Standards The Company qualifies as an emerging growth company pursuant to the provision of the Jumpstart Our Business Startups (“JOBS”) Act. Section 107 of the JOBS Act provides that an emerging growth company can delay the adoption of certain new accounting standards until those standards would otherwise apply to private companies. The Company has elected to take advantage of the extended transition period Act for complying with new or revised accounting standards

Significant Accounting Polici23

Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Schedule of Revenue Recognized of Finance and Insurance Revenues	The Company recognized finance and insurance revenues, net of chargebacks, which is included in other revenue as follows (unaudited): Three Months Six Months Successor Predecessor Successor Predecessor April 1, 2018 to June 30, 2018 April 1, 2017 to June 30, 2017 March 15, 2018 to June 30, 2018 January 1, 2018 to March 14, 2018 January 1, 2017 to June 30, 2017 Gross finance and insurance revenues $ 9,060 $ 8,292 $ 11,576 $ 7,483 $ 17,243 Chargebacks (841 ) (699 ) (921 ) (622 ) (1,126 ) Net Finance Revenue $ 8,219 $ 7,593 $ 10,655 $ 6,861 $ 16,117
Summary of Net Income (Loss) Attribute to Common Stockholders	The following table summarizes net income (loss) attributable to common stockholders used in the calculation of basic and diluted loss per common share: Successor Three Months Ended June 30, 2018 Period From March 15, 2018 to June 30, 2018 (Dollars in thousands - except per share amounts) Distributed earnings allocated to common stock $ - $ - Undistributed earnings (loss) allocated to common stock 388 (2,284 ) Net earnings (loss) allocated to common stock 388 (2,284 ) Net earnings allocated to participating securities 239 - Net income (loss) allocated to common stock and participating securities $ 627 $ (2,284 ) Weighted average shares outstanding for basic earnings per common share 9,668,250 9,668,250 Dilutive effect of warrants and options 0 0 Weighted average shares outstanding for diluted earnings per common share 9,668,250 9,668,250 Basic earnings (loss) per common share $ 0.04 $ (0.24 ) Diluted earnings (loss) per common share $ 0.04 $ (0.24 )
Schedule of Denominator of Basic and Dilutive Earnings Per Share	During the Successor Periods from April 1, 2018 to June 30, 2018 and March 15, 2018 to June 30, 2018, the denominator of the basic and dilutive EPS was calculated as follows: April 1, 2018 to June 30, 2018 March 15, 2018 to June 30, 2018 Basic Earnings/(Loss) per Share Weighted average outstanding common shares 8,471,608 8,471,608 Weighted average shares held in escrow (142,857 ) (142,857 ) Weighted average prefunded warrants 1,339,499 1,339,499 Weighted shares outstanding - basic 9,668,250 9,668,250
Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share	For the Successor period, the following common stock equivalent shares were excluded from the computation of the diluted loss per share, since their inclusion would have been anti-dilutive: April 1, 2018 to June 30, 2018 March 15, 2018 to June 30, 2018 Shares underlying Series A Convertible Preferred Stock - 5,962,733 Shares underlying warrants 4,677,458 4,677,458 Stock options 3,658,421 3,658,421 Shares underlying unit purchase options 657,142 657,142 Share equivalents excluded from EPS 8,993,021 14,955,754
Schedule of Geographic Concentration Risk Percentage	Revenues generated by customers of the Florida location and the Colorado locations were as follows (unaudited): Three Months Six Months Successor Predecessor Successor Predecessor April 1, 2018 to June 30, 2018 April 1, 2017 to June 30, 2017 March 15, 2018 to June 30, 2018 January 1, 2018 to March 14, 2018 January 1, 2017 to June 30, 2017 Florida 74 % 76 % 75 % 81 % 79 % Colorado 19 % 17 % 18 % 11 % 14 %

Business Combination (Tables)

Business Combination (Tables)	6 Months Ended
	Jun. 30, 2018
Business Combinations [Abstract]
Schedule of Fair Value of Assets Acquired and Liabilities Assumed	The Company accounted for the Mergers as a business combination using the purchase method of accounting. As a result, the Company determined its preliminary allocation of the fair value of the assets acquired and the liabilities assumed of the Predecessor as follows: Cash $ 9,188 Receivables 14,768 Inventories 124,354 Prepaid expenses and other 4,054 Property and equipment 73,642 Intangible assets 68,200 Other assets 200 Total assets acquired 294,406 Accounts payable, accrued expenses and other current liabilities 26,527 Floor plan notes payable 95,663 Financing liability 56,000 Deferred tax liability 20,370 Long-term debt 8,781 Total liabilities assumed 207,341 Net assets acquired $ 87,065
Schedule of Fair Value of Consideration Paid	The fair value of the consideration paid was as follows: Purchase Price: Cash consideration paid $ 86,178 Common stock issued to former stockholders, option holders, and bonus receipients of Lazy Days’ R.V. Center, Inc. 29,400 $ 115,578
Schedule of Goodwill Associated with Merger	Goodwill associated with the Mergers is detailed below: As of March 15, 2018 Total consideration $ 115,578 Less net assets acquired $ 87,065 Goodwill $ 28,513
Schedule of Identifiable Intangible Assets Acquired	The following table summarizes the Company’s preliminary allocation of the purchase price to the identifiable intangible assets acquired as of the date of the closing of the Mergers. Gross Asset Amount at Acquisition Date Weighted Average Amortization Period in Years Trade Names, Service Marks and Domain Names $ 30,100 N/A Customer Lists 9,100 12 years Dealer Agreements 29,000 12 Years Total intangible assets $ 68,200
Schedule of Pro Forma Financial Information	The following unaudited pro forma financial information summarizes the combined results of operations for the Company as though the Mergers had been consummated on January 1, 2017. Pro Forma Combined Statements of Income For the three months ended June 30, For the six months ended June 30, 2018 2017 2018 2017 Revenue $ 162,114 $ 164,761 $ 339,958 $ 334,726 Income before income taxes $ 3,018 $ 4,967 $ 9,129 $ 10,378 Net income $ 1,842 $ 3,075 $ 6,038 $ 6,424

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2018
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories consist of the following: Successor Predecessor As of As of June 30, 2018 December 31, 2017 (Unaudited) New recreational vehicles $ 81,956 $ 89,668 Pre-owned recreational vehicles 29,209 31,378 Parts, accessories and other 4,102 5,054 115,267 126,100 Less: excess of current cost over LIFO - (11,930 ) $ 115,267 $ 114,170

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	6 Months Ended
	Jun. 30, 2018
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment consist of the following: Successor Predecessor As of As of June 30, 2018 December 31, 2017 (Unaudited) Land $ 13,775 $ 10,366 Building and improvments including leasehold improvements 51,331 41,890 Furniture and equipment 3,677 14,753 Company vehicles and rental units 4,725 3,612 Construction in progress 610 396 74,118 71,017 Less: Accumulated depreciation and amortization (2,166 ) (25,348 ) $ 71,952 $ 45,669
Schedule of Depreciation and Amortization	Depreciation and amortization expense amounted to the amounts set forth in the table below (unaudited): Three months Six Months Successor Predecessor Successor Predecessor April 1, 2018 to June 30, 2018 April 1, 2017 to June 30, 2017 March 15, 2018 to June 30, 2018 January 1, 2018 to March 14, 2018 January 1, 2017 to June 30, 2017 Depreciation and amortization $ 1,897 $ 1,349 $ 2,166 $ 1,058 $ 2,696

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Accumulated Amortization	Intangible assets and the related accumulated amortization are summarized as follows: Successor Predecessor As of June 30, 2018 (Unaudited) As of December 31, 2017 Gross Carrying Amount Accumulated Amortization Net Asset Value Gross Carrying Amount Accumulated Amortization Net Asset Value Amortizable intangible assets: Manufacturer relationships $ 29,000 $ 705 $ 28,295 $ 11,100 $ 3,238 $ 7,862 Customer relationships 9,100 221 8,879 1,300 1,300 - 38,100 926 37,174 12,400 4,538 7,862 Non-amortizable intangible assets: Trade names and trademarks 30,100 - 30,100 18,000 - 18,000 $ 68,200 $ 926 $ 67,274 $ 30,400 $ 4,538 $ 25,862
Schedule of Amortization Expense	Amortization expense amounted to the amounts set forth in the table below (unaudited): Three Months Six Months Successor Predecessor Successor Predecessor April 1, 2018 to June 30, 2018 April 1, 2017 to June 30, 2017 March 15, 2018 to June 30, 2018 January 1, 2018 to March 14, 2018 January 1, 2017 to June 30, 2017 Amortization $ 794 $ 185 $ 926 $ 154 $ 372
Schedule of Estimated Future Amortization	Estimated future amortization expense is as follows: Years ending 2018 (6 months) $ 1,588 2019 3,175 2020 3,175 2021 3,175 2022 3,175 Thereafter 22,886 $ 37,174

Financing Liability (Tables)

Financing Liability (Tables)	6 Months Ended
	Jun. 30, 2018
Leases [Abstract]
Schedule of Financing Liability	The financing liability, net of debt discount, is summarized as follows: Successor Predecessor As of As of June 30, December 31, 2018 2017 (Unaudited) Financing liability $ 56,000 $ 55,158 Interest added to principal amount 31 Debt discount - (883 ) Financing liability, net of debt discount 56,031 54,275 Less: current portion 631 595 Financing liability, non-current portion $ 55,400 $ 53,680
Schedule of Future Minimum Payments of Sale Leaseback Transactions	The future minimum payments required by the arrangement are as follows: Years ending December 31, Principal Interest Payment 2018 (6 months) $ 286 $ 2,043 $ 2,329 2019 702 4,052 4,754 2020 853 3,995 4,848 2021 1,018 3,927 4,945 2022 1,198 3,847 5,045 Thereafter 40,974 34,574 75,548 $ 45,031 $ 52,438 $ 97,469

Accounts Payable, Accrued Exp29

Accounts Payable, Accrued Expenses and Other Current Liabilities (Tables)	6 Months Ended
	Jun. 30, 2018
Payables and Accruals [Abstract]
Schedule of Accounts Payable, Accrued Expenses and Other Current Liabilities	Accounts payable, accrued expenses and other current liabilities consist of the following: Successor Predecessor As of As of June 30, December 31, 2018 2017 (Unaudited) Accounts payable $ 9,476 $ 12,394 Other accrued expenses 2,506 2,893 Customer deposits 3,179 3,999 Accrued compensation 3,218 3,211 Accrued charge-backs 2,745 2,373 Accrued interest 314 311 Total $ 21,438 $ 25,181

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Schedule of Floor Plan Notes Payable	The M&T Floor Plan Line of Credit consists of the following as of June 30, 2018: Successor As of June 30, 2018 (unaudited) Floor plan notes payable, gross $ 95,781 Debt discount (511 ) Floor plan notes payable, net of debt discount $ 95,270
Schedule of Long Term Debt	Long-term debt consists of the following as of June 30, 2018: Successor As of June 30, 2018 (Unaudited) Gross Principal Amount Debt Discount Total Debt, Net of Debt Discount Term loan $ 19,275 $ (51 ) $ 19,224 Capital lease obligation-equipment 5 - 5 Total long-term debt 19,280 (51 ) 19,229 Less: current portion 2,905 - 2,905 Long term debt, non-current $ 16,375 $ (51 ) $ 16,324

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities	Deferred tax assets and liabilities were as follows: Successor Predecessor As of As of June 30, December 31, 2018 2017 (Unaudited) Deferred tax assets: Accounts receivable $ 253 $ 253 Accrued charge-backs 634 594 Other accrued liabilities 527 424 Goodwill - 274 Financing liability 14,005 13,574 Transaction costs - 579 Stock based compensation - 165 Other, net (65 ) 215 15,354 16,078 Deferred tax liabilities: Prepaid expenses (118 ) (202 ) Inventories (4,605 ) (1,531 ) Property and equipment (15,349 ) (9,178 ) Intangible assets (15,652 ) (5,023 ) (35,724 ) (15,934 ) Net deferred tax assets/ (liabilities) $ (20,370 ) $ 144

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Schedule of Rent Expense	Rent expense associated with operating leases was as follows (unaudited): Three Months Six Months Successor Predecessor Successor Predecessor April 1, 2018 to June 30, 2018 April 1, 2017 to June 30, 2017 March 15, 2018 to June 30, 2018 January 1, 2018 to March 14, 2018 January 1, 2017 to June 30, 2017 Rent expense $ 507 $ 509 $ 586 $ 394 $ 963

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2018
Equity [Abstract]
Schedule of Warrants Activity	The Company had the following activity related to shares underlying warrants: Shares Underlying Warrants Weighted Average Exercise Price Warrants outstanding March 15, 2018 - $ - Granted 4,677,458 $ 11.50 Cancelled or Expired - $ - Exercised - $ - Warrants outstanding June 30, 2018 4,677,458 $ 11.50
Schedule of Stock Option Activity	Stock option activity is summarized below: Shares Underlying Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Value Options outstanding at March 15, 2018 - $ - Granted 4,271,128 $ 11.10 Cancelled or terminated (612,707 ) $ 11.08 Exercised - $ - Options outstanding at June 30, 2018 3,658,421 $ 11.10 4.74 $ - Options vested at June 30, 2018 - $ - - $ -

Significant Accounting Polici34

Significant Accounting Policies (Details Narrative) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended		4 Months Ended	6 Months Ended		12 Months Ended
	Mar. 14, 2018	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Accrued charge-backs		$ 2,745		$ 2,745	$ 2,745		$ 2,373
LIFO inventory value exceeds		0		0	$ 0		11,930
Amortization period					11 years 8 months 12 days
Advertising and promotion costs		$ 2,996	$ 2,521
Vendor 1 [Member]
Concentration risk, percentage		33.20%
Vendor 2 [Member]
Concentration risk, percentage		26.80%
Vendor 3 [Member]
Concentration risk, percentage		16.70%
Vendor 4 [Member]
Concentration risk, percentage		15.90%
Successor [Member]
Accrued charge-backs		$ 2,745		2,745	$ 2,745
Advertising and promotion costs				$ 3,353
Successor [Member] | Vendor 1 [Member]
Concentration risk, percentage				32.70%
Successor [Member] | Vendor 2 [Member]
Concentration risk, percentage				29.30%
Successor [Member] | Vendor 3 [Member]
Concentration risk, percentage				16.00%
Successor [Member] | Vendor 4 [Member]
Concentration risk, percentage				13.80%
Successor [Member] | Manufacturer and Customer Relationships [Member]
Amortization period					12 years
Predecessor [Member]
Accrued charge-backs							2,373
Advertising and promotion costs	$ 2,624					$ 5,776
Predecessor [Member] | Vendor 1 [Member]
Concentration risk, percentage	36.10%		29.30%			30.90%
Predecessor [Member] | Vendor 2 [Member]
Concentration risk, percentage	21.40%		28.60%			25.70%
Predecessor [Member] | Vendor 3 [Member]
Concentration risk, percentage	18.20%		20.10%			20.80%
Predecessor [Member] | Vendor 4 [Member]
Concentration risk, percentage	16.10%		13.00%			15.10%
Predecessor [Member] | Customer Relationships [Member]
Impairment of intangible assets							$ 0
Minimum [Member] | Predecessor [Member] | Manufacturer Relationships [Member]
Amortization period					13 years
Maximum [Member] | Predecessor [Member] | Manufacturer Relationships [Member]
Amortization period					18 years
Building Improvements [Member] | Minimum [Member] | Successor [Member]
Property, plant and equipment, useful life					2 years
Building Improvements [Member] | Minimum [Member] | Predecessor [Member]
Property, plant and equipment, useful life					15 years
Building Improvements [Member] | Maximum [Member] | Successor [Member]
Property, plant and equipment, useful life					26 years
Building Improvements [Member] | Maximum [Member] | Predecessor [Member]
Property, plant and equipment, useful life					20 years
Vehicles and Equipment [Member] | Minimum [Member] | Successor [Member]
Property, plant and equipment, useful life					2 years
Vehicles and Equipment [Member] | Minimum [Member] | Predecessor [Member]
Property, plant and equipment, useful life					2 years
Vehicles and Equipment [Member] | Maximum [Member] | Successor [Member]
Property, plant and equipment, useful life					12 years
Vehicles and Equipment [Member] | Maximum [Member] | Predecessor [Member]
Property, plant and equipment, useful life					7 years

Significant Accounting Polici35

Significant Accounting Policies - Schedule of Revenue Recognized of Finance and Insurance Revenues (Details) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended		4 Months Ended	6 Months Ended
	Mar. 14, 2018	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Successor [Member]
Gross finance and insurance revenues		$ 9,060		$ 11,576
Chargebacks		(841)		(921)
Net Finance Revenue		$ 8,219		$ 10,655
Predecessor [Member]
Gross finance and insurance revenues	$ 7,483		$ 8,292		$ 17,243
Chargebacks	(622)		(699)		(1,126)
Net Finance Revenue	$ 6,861		$ 7,593		$ 16,117

Significant Accounting Polici36

Significant Accounting Policies - Summary of Net Income (Loss) Attribute to Common Stockholders(Details) - Successor [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	4 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
Distributed earnings allocated to common stock
Undistributed earnings (loss) allocated to common stock	388	(2,284)
Net earnings (loss) allocated to common stock	388	(2,284)
Net earnings allocated to participating securities	239
Net income (loss) allocated to common stock and participating securities	$ 627	$ (2,284)
Weighted average shares outstanding for basic earnings per common share	9,668,250	9,668,250
Dilutive effect of warrants and options	0	0
Weighted average shares outstanding for diluted earnings per common share	9,668,250	9,668,250
Basic earnings (loss) per common share	$ 0.04	$ (0.24)
Diluted earnings (loss) per common share	$ 0.04	$ (0.24)

Significant Accounting Polici37

Significant Accounting Policies - Schedule of Denominator of Basic and Dilutive Earnings Per Share (Details) - Successor [Member] - shares	3 Months Ended	4 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
Weighted average outstanding common shares	8,471,608	8,471,608
Weighted average shares held in escrow	(142,857)	(142,857)
Weighted average prefunded warrants	1,339,499	1,339,499
Weighted shares outstanding - basic	9,668,250	9,668,250

Significant Accounting Polici38

Significant Accounting Policies - Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share (Details) - Successor [Member] - shares	3 Months Ended	4 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
Share equivalents excluded from EPS	8,993,021	14,955,754
Series A Convertible Preferred Stock [Member]
Share equivalents excluded from EPS		5,962,733
Warrants [Member]
Share equivalents excluded from EPS	4,677,458	4,677,458
Stock Options [Member]
Share equivalents excluded from EPS	3,658,421	3,658,421
Shares Underlying Unit Purchase Options [Member]
Share equivalents excluded from EPS	657,142	657,142

Significant Accounting Polici39

Significant Accounting Policies - Schedule of Geographic Concentration Risk Percentage (Details)	2 Months Ended	3 Months Ended		4 Months Ended	6 Months Ended
	Mar. 14, 2018	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Successor [Member] | Florida [Member]
Concentration risk percentage		74.00%		75.00%
Successor [Member] | Colorado [Member]
Concentration risk percentage		19.00%		18.00%
Predecessor [Member] | Florida [Member]
Concentration risk percentage	81.00%		76.00%		79.00%
Predecessor [Member] | Colorado [Member]
Concentration risk percentage	11.00%		17.00%		14.00%

Business Combination (Details N

Business Combination (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Mar. 15, 2018	Mar. 14, 2018	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2017
Settlement of working capital			$ 563
Successor [Member]
Cash payment in an acquisition				$ 86,178
Direct transaction costs				2,730
Goodwill, deductible for tax purposes			$ 6,089	$ 6,089
Predecessor [Member]
Cash payment in an acquisition	$ 86,178
Direct transaction costs		$ 381
Andina Acquisition Corp II [Member]
Common stock, par value	$ 10.29
Merger Agreement [Member] | Lazydays R.V, Center Inc [Member]
Number of shares issued for part of the purchase price	2,857,189
Cash payment in an acquisition	$ 86,741
Merger Agreement [Member] | Andina Acquisition Corp II [Member]
Cash purchase price in business combination, description	(i) each ordinary share of Andina was exchanged for one share of common stock of Holdings (“Holdings Shares”), except that holders of ordinary shares of Andina sold in its initial public offering (“public shares”) were entitled to elect instead to receive a pro rata portion of Andina’s trust account, as provided in Andina’s charter documents, (ii) each Andina right entitled the holder to receive one-seventh of a Holdings Share and (iii) each Andina warrant entitled the holder to purchase one-half of one Holdings Share at a price of $11.50 per whole share.
Warrant exercise price	$ 11.50

Business Combination - Schedule

Business Combination - Schedule of Fair Value of Assets Acquired and Liabilities Assumed (Details) - Predecessor [Member] $ in Thousands	Mar. 15, 2018USD ($)
Cash	$ 9,188
Receivables	14,768
Inventories	124,354
Prepaid expenses and other	4,054
Property and equipment	73,642
Intangible assets	68,200
Other assets	200
Total assets acquired	294,406
Accounts payable, accrued expenses and other current liabilities	26,527
Floor plan notes payable	95,663
Financing liability	56,000
Deferred tax liability	20,370
Long-term debt	8,781
Total liabilities assumed	207,341
Net assets acquired	$ 87,065

Business Combination - Schedu42

Business Combination - Schedule of Fair Value of Consideration Paid (Details) - Predecessor [Member] - USD ($) $ in Thousands	Mar. 15, 2018	Mar. 14, 2018	Jun. 30, 2017
Cash consideration paid	$ 86,178
Common stock issued to former stockholders, option holders, and bonus recipients of Lazy Days' R.V. Center, Inc.	29,400
Total consideration	$ 115,578

Business Combination - Schedu43

Business Combination - Schedule of Goodwill Associated with Merger (Details) - Predecessor [Member] - USD ($) $ in Thousands	Mar. 15, 2018	Dec. 31, 2017
Total consideration	$ 115,578
Less net assets acquired	87,065
Goodwill	$ 28,513	$ 25,216

Business Combination - Schedu44

Business Combination - Schedule of Identifiable Intangible Assets Acquired (Details) - Predecessor [Member] $ in Thousands	Mar. 15, 2018USD ($)
Intangible Assets, Gross Asset Amount at Acquisition Date	$ 68,200
Trade Names, Service Marks and Domain Names [Member]
Intangible Assets, Gross Asset Amount at Acquisition Date	30,100
Customer Lists [Member]
Intangible Assets, Gross Asset Amount at Acquisition Date	$ 9,100
Intangible Assets, Weighted Average Amortization Period in Years	12 years
Dealer Agreements [Member]
Intangible Assets, Gross Asset Amount at Acquisition Date	$ 29,000
Intangible Assets, Weighted Average Amortization Period in Years	12 years

Business Combination - Schedu45

Business Combination - Schedule of Pro Forma Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Business Combinations [Abstract]
Revenue	$ 162,114	$ 164,761	$ 339,958	$ 334,726
Income before income taxes	3,018	4,967	9,129	10,378
Net income	$ 1,842	$ 3,075	$ 6,038	$ 6,424

Inventories - Schedule of Inven

Inventories - Schedule of Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Successor [Member]
Inventories, gross	$ 115,267
Less: excess of current cost over LIFO
Inventories, Net	115,267
Predecessor [Member]
Inventories, gross		$ 126,100
Less: excess of current cost over LIFO		(11,930)
Inventories, Net		114,170
New Recreational Vehicles [Member] | Successor [Member]
Inventories, gross	81,956
New Recreational Vehicles [Member] | Predecessor [Member]
Inventories, gross		89,668
Pre-owned Recreational Vehicles [Member] | Successor [Member]
Inventories, gross	29,209
Pre-owned Recreational Vehicles [Member] | Predecessor [Member]
Inventories, gross		31,378
Parts, Accessories and Other [Member] | Successor [Member]
Inventories, gross	$ 4,102
Parts, Accessories and Other [Member] | Predecessor [Member]
Inventories, gross		$ 5,054

Property and Equipment, Net - S

Property and Equipment, Net - Schedule of Property and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Successor [Member]
Property and equipment, gross	$ 74,118
Less: Accumulated depreciation and amortization	(2,166)
Property and equipment, net	71,952
Successor [Member] | Land [Member]
Property and equipment, gross	13,775
Successor [Member] | Building and Improvements Including Leasehold Improvements [Member]
Property and equipment, gross	51,331
Successor [Member] | Furniture and Equipment [Member]
Property and equipment, gross	3,677
Successor [Member] | Company Vehicles and Rental Units [Member]
Property and equipment, gross	4,725
Successor [Member] | Construction in Progress [Member]
Property and equipment, gross	$ 610
Predecessor [Member]
Property and equipment, gross		$ 71,017
Less: Accumulated depreciation and amortization		(25,348)
Property and equipment, net		45,669
Predecessor [Member] | Land [Member]
Property and equipment, gross		10,366
Predecessor [Member] | Building and Improvements Including Leasehold Improvements [Member]
Property and equipment, gross		41,890
Predecessor [Member] | Furniture and Equipment [Member]
Property and equipment, gross		14,753
Predecessor [Member] | Company Vehicles and Rental Units [Member]
Property and equipment, gross		3,612
Predecessor [Member] | Construction in Progress [Member]
Property and equipment, gross		$ 396

Property and Equipment, Net -48

Property and Equipment, Net - Schedule of Depreciation and Amortization (Details) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended		4 Months Ended	6 Months Ended
	Mar. 14, 2018	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Successor [Member]
Depreciation and amortization		$ 1,897		$ 2,166
Predecessor [Member]
Depreciation and amortization	$ 1,058		$ 1,349		$ 2,696

Intangible Assets (Details Narr

Intangible Assets (Details Narrative)	6 Months Ended
	Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Weighted average remaining amortization period	11 years 8 months 12 days

Intangible Assets - Schedule of

Intangible Assets - Schedule of Intangible Assets and Accumulated Amortization (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Successor [Member]
Net Asset Value	$ 67,274
Predecessor [Member]
Net Asset Value		$ 25,862
Manufacturer Relationships [Member] | Successor [Member]
Gross Carrying Amount	29,000
Accumulated Amortization	705
Net Asset Value	28,295
Manufacturer Relationships [Member] | Predecessor [Member]
Gross Carrying Amount		11,100
Accumulated Amortization		3,238
Net Asset Value		7,862
Customer Relationships [Member] | Successor [Member]
Gross Carrying Amount	9,100
Accumulated Amortization	221
Net Asset Value	8,879
Customer Relationships [Member] | Predecessor [Member]
Gross Carrying Amount		1,300
Accumulated Amortization		1,300
Net Asset Value
Amortizable Intangible Assets [Member] | Successor [Member]
Gross Carrying Amount	38,100
Accumulated Amortization	926
Net Asset Value	37,174
Amortizable Intangible Assets [Member] | Predecessor [Member]
Gross Carrying Amount		12,400
Accumulated Amortization		4,538
Net Asset Value		7,862
Trade Names and Trademarks [Member] | Successor [Member]
Gross Carrying Amount	30,100
Accumulated Amortization
Net Asset Value	30,100
Trade Names and Trademarks [Member] | Predecessor [Member]
Gross Carrying Amount		18,000
Accumulated Amortization
Net Asset Value		18,000
Non-amortizable Intangible Assets [Member] | Successor [Member]
Gross Carrying Amount	68,200
Accumulated Amortization	926
Net Asset Value	$ 67,274
Non-amortizable Intangible Assets [Member] | Predecessor [Member]
Gross Carrying Amount		30,400
Accumulated Amortization		4,538
Net Asset Value		$ 25,862

Intangible Assets - Schedule o

Intangible Assets - Schedule of Amortization Expense (Details) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended		4 Months Ended	6 Months Ended
	Mar. 14, 2018	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Successor [Member]
Amortization		$ 794		$ 926
Predecessor [Member]
Amortization	$ 154		$ 185		$ 372

Intangible Assets - Schedule 52

Intangible Assets - Schedule of Estimated Future Amortization (Details) - Successor [Member] $ in Thousands	Jun. 30, 2018USD ($)
2018 (6 months)	$ 1,588
2,019	3,175
2,020	3,175
2,021	3,175
2,022	3,175
Thereafter	22,886
Finite lived intangible assets, net	$ 37,174

Financing Liability (Details Na

Financing Liability (Details Narrative) $ in Thousands	Dec. 23, 2015USD ($)
Leases [Abstract]
Proceeds from sale of land, building and improvements	$ 56,000
Lease term	P20Y
Lease renewal term	10 years
Lease implied interest rate	7.30%
Financing liability residual	$ 11,000

Financing Liability - Schedule

Financing Liability - Schedule of Financing Liability (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Successor [Member]
Financing liability	$ 56,000
Interest added to principal amount	31
Debt discount
Financing liability, net of debt discount	56,031
Less: current portion	631
Financing liability, non-current portion	$ 55,400
Predecessor [Member]
Financing liability		$ 55,158
Interest added to principal amount
Debt discount		(883)
Financing liability, net of debt discount		54,275
Less: current portion		595
Financing liability, non-current portion		$ 53,680

Financing Liability - Schedul55

Financing Liability - Schedule of Future Minimum Payments of Sale Leaseback Transactions (Details) $ in Thousands	Jun. 30, 2018USD ($)
2018 (6 months)	$ 2,329
2,019	4,754
2,020	4,848
2,021	4,945
2,022	5,045
Thereafter	75,548
Future minimum payments due	97,469
Principal [Member]
2018 (6 months)	286
2,019	702
2,020	853
2,021	1,018
2,022	1,198
Thereafter	40,974
Future minimum payments due	45,031
Interest [Member]
2018 (6 months)	2,043
2,019	4,052
2,020	3,995
2,021	3,927
2,022	3,847
Thereafter	34,574
Future minimum payments due	$ 52,438

Accounts Payable, Accrued Exp56

Accounts Payable, Accrued Expenses and Other Current Liabilities - Schedule of Accounts Payable, Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Accrued charge-backs	$ 2,745	$ 2,373
Successor [Member]
Accounts payable	9,790
Other accrued expenses	2,506
Customer deposits	3,179
Accrued compensation	3,218
Accrued charge-backs	2,745
Accrued interest
Total	$ 21,438
Predecessor [Member]
Accounts payable		12,394
Other accrued expenses		2,893
Customer deposits		3,999
Accrued compensation		3,211
Accrued charge-backs		2,373
Accrued interest		311
Total		$ 25,181

Debt (Details Narrative)

Debt (Details Narrative) - USD ($) $ in Thousands	Mar. 15, 2018	Jun. 30, 2018
M&T Facility [Member]
Line of credit maximum borrowing capacity	$ 200,000
Line of credit facility, expiration date	Mar. 15, 2021
Maximum amount of cash dividends		$ 9,982
BOA Floor Plan [Member]
Repayments of lines of credit	$ 96,740
BOA Term Loan [Member]
Outstanding line of credit	8,820
M&T Floor Plan Line of Credit [Member]
Line of credit maximum borrowing capacity	175,000
Maximum draw down for rental units	$ 4,500
Line of credit rate description	The Base Rate is defined in the agreement as the highest of M&T’s prime rate, the Federal Funds rate plus 0.50% or one-month LIBOR plus 1.00%.
Line of credit commitments percentage	0.15%
M&T Floor Plan Line of Credit [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Percentage of leverage ratio	2.00%
M&T Floor Plan Line of Credit [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Percentage of leverage ratio	2.30%
M&T Floor Plan Line of Credit [Member] | Base Rate [Member] | Minimum [Member]
Percentage of leverage ratio	1.00%
M&T Floor Plan Line of Credit [Member] | Base Rate [Member] | Maximum [Member]
Percentage of leverage ratio	1.30%
M&T Term Loan [Member]
Term loan	$ 20,000
Repayments of loan monthly installments	$ 242
Debt instrument maturity date	Mar. 15, 2021
Principal balloon payment	$ 11,300
M&T Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Percentage of leverage ratio	2.25%
M&T Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Percentage of leverage ratio	3.00%
M&T Term Loan [Member] | Base Rate [Member] | Minimum [Member]
Percentage of leverage ratio	1.25%
M&T Term Loan [Member] | Base Rate [Member] | Maximum [Member]
Percentage of leverage ratio	2.00%
M&T Revolver [Member]
Line of credit maximum borrowing capacity	$ 5,000
M&T Revolver [Member] | Minimum [Member]
Line of credit commitments percentage	0.25%
M&T Revolver [Member] | Maximum [Member]
Line of credit commitments percentage	0.50%
M&T Revolver [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Percentage of leverage ratio	2.25%
M&T Revolver [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Percentage of leverage ratio	3.00%
M&T Revolver [Member] | Base Rate [Member] | Minimum [Member]
Percentage of leverage ratio	1.25%
M&T Revolver [Member] | Base Rate [Member] | Maximum [Member]
Percentage of leverage ratio	2.00%

Debt - Schedule of Floor Plan N

Debt - Schedule of Floor Plan Notes Payable (Details) - Successor [Member] $ in Thousands	Jun. 30, 2018USD ($)
Debt discount	$ (51)
Floor plan notes payable, net of debt discount	95,270
Floor Plan Notes Payable [Member]
Floor plan notes payable, gross	95,781
Debt discount	(511)
Floor plan notes payable, net of debt discount	$ 95,270

Debt - Schedule of Long Term De

Debt - Schedule of Long Term Debt (Details) - Successor [Member] $ in Thousands	Jun. 30, 2018USD ($)
Gross Principal Amount, Total long-term debt	$ 19,280
Debt Discount, Total long-term debt	(51)
Total Debt, Net of Debt Discount, Total long-term debt	19,229
Gross Principal Amount, current portion	2,905
Debt Discount, current portion
Total Debt, Net of Debt Discount, current portion	2,905
Gross Principal Amount, Long term debt, non-current	16,375
Debt Discount, Long term debt, non-current	(51)
Total Debt, Net of Debt Discount, Long term debt, non-current	16,324
Term Loan [Member]
Gross Principal Amount, Total long-term debt	19,275
Debt Discount, Total long-term debt	(51)
Total Debt, Net of Debt Discount, Total long-term debt	19,224
Capital Lease Obligation-Equipment [Member]
Gross Principal Amount, Total long-term debt	5
Debt Discount, Total long-term debt
Total Debt, Net of Debt Discount, Total long-term debt	$ 5

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended		4 Months Ended	6 Months Ended		12 Months Ended
	Mar. 14, 2018	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Income taxes at statutory federal rate percentage					21.00%		35.00%
Income tax reconciliation description					The Company's 2018 effective tax rates differ from the federal statutory rate of 21% primarily due to local and state income tax rates, net of the federal tax effect as well as the non-deductibility of certain transaction costs and stock-based compensation expense. The Company's 2017 effective tax rates differ from the federal statutory rate of 35% primarily due to local and state income tax rates, net of the federal tax effect.
Federal and State [Member]
Provision for federal and state income taxes		$ 1,176	$ 2,232			$ 4,677
Effective income tax rate reconciliation, percent		39.00%	38.00%			38.00%
Successor [Member]
Provision for federal and state income taxes		$ 1,176		$ 1,625
Successor [Member] | Federal and State [Member]
Provision for federal and state income taxes	$ 718			$ 1,625
Effective income tax rate reconciliation, percent	24.00%			39.00%

Income Taxes- Schedule of Defer

Income Taxes- Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Successor [Member]
Deferred tax assets: Accounts receivable	$ 253
Deferred tax assets: Accrued charge-backs	634
Deferred tax assets: Other accrued liabilities	527
Deferred tax assets: Goodwill
Deferred tax assets: Financing liability	14,005
Deferred tax assets: Transaction costs
Deferred tax assets: Stock based compensation
Deferred tax assets: Other, net	(65)
Deferred tax assets, Total	15,354
Deferred tax liabilities: Prepaid expenses	(118)
Deferred tax liabilities: Inventories	(4,605)
Deferred tax liabilities: Property and equipment	(15,349)
Deferred tax liabilities: Intangible assets	(15,652)
Deferred tax liabilities, Total	(35,724)
Net deferred tax assets/ (liabilities)	$ (20,370)
Predecessor [Member]
Deferred tax assets: Accounts receivable		$ 253
Deferred tax assets: Accrued charge-backs		594
Deferred tax assets: Other accrued liabilities		424
Deferred tax assets: Goodwill		274
Deferred tax assets: Financing liability		13,574
Deferred tax assets: Transaction costs		579
Deferred tax assets: Stock based compensation		165
Deferred tax assets: Other, net		215
Deferred tax assets, Total		16,078
Deferred tax liabilities: Prepaid expenses		(202)
Deferred tax liabilities: Inventories		(1,531)
Deferred tax liabilities: Property and equipment		(9,178)
Deferred tax liabilities: Intangible assets		(5,023)
Deferred tax liabilities, Total		(15,934)
Net deferred tax assets/ (liabilities)		$ 144

Related Party Transactions (Det

Related Party Transactions (Details Narrative) $ in Thousands	Mar. 15, 2018USD ($)
Hydra Management, LLC [Member]
Compensation for advisory services	$ 500
Non-Executive Chairman of Board [Member] | Andina Acquisition Corp II [Member]
Repayments of related party debt	661
Other Employees [Member] | Andina Acquisition Corp II [Member]
Repayments of related party debt	$ 100

Commitments and Contingencies63

Commitments and Contingencies (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Jan. 30, 2017	Mar. 31, 2018	Jun. 30, 2018	May 15, 2018
Lease expiry date			Expire through 2022.
Closing price			$ 10.29
Cash and securities in escrow				$ 40
Maximum [Member]
Lease term			4 years
Minimum [Member]
Lease term			36 months
Chief Financial Officer [Member]
Initial base salary		$ 325
Percentage of target bonus on base salary		75.00%
Chief Financial Officer [Member] | Employee Relocation [Member]
Relocation allowance		$ 100
Chief Financial Officer [Member] | Maximum [Member]
Percentage of target bonus on base salary		150.00%
Non-Employee Members [Member]
Annual cash compensation			$ 50
Committee of Board of Directors [Member]
Annual cash compensation			5
Chairman of Any Committees [Member]
Annual cash compensation			10
Employment Agreement [Member] | Chief Executive Officer [Member]
Initial base salary			$ 540
Percentage of target bonus on base salary			100.00%
Employment Agreement [Member] | Chief Financial Officer [Member]
Initial base salary			$ 325
Percentage of target bonus on base salary			75.00%
Merger Agreement [Member]
Transaction incentive plan expire date	Oct. 31, 2020
Aggregate payment to plan participants of cash	$ 1,510
Merger Agreement [Member] | Holdings [Member]
Number of shares issued	51,896
Number of shares issued, value	$ 534
Closing price	$ 10.29
Cash and securities in escrow	$ 250

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Rent Expense (Details) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended		4 Months Ended	6 Months Ended
	Mar. 14, 2018	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Successor [Member]
Rent expense		$ 507		$ 586
Predecessor [Member]
Rent expense	$ 394		$ 509		$ 963

Preferred Stock (Details Narrat

Preferred Stock (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Jul. 02, 2018	Jun. 19, 2018	Jun. 30, 2018	Nov. 24, 2015
Preferred stock conversion price per share			$ 9.72
Market price per share on the date of issuance			$ 10.29
Beneficial conversion feature on series a convertible preferred stock			$ 3,392
Reduction in preferred stock			$ 2,035
Preferred stock, dividend payment terms		Board of Directors declared a dividend payment on the Series A Preferred Stock of $1,425 for the period from March 15, 2018 to March 31, 2018 and for the period from April 1, 2018 to June 30, 2018. The dividend was paid on July 2, 2018 to the holders.
Dividend payment on preferred stock	$ 1,425
Measurement Input, Price Volatility [Member]
Fair value assumptions, measurement input, percentages			39.00%
Measurement Input, Risk Free Interest Rate [Member]
Fair value assumptions, measurement input, percentages			2.61%
Measurement Input, Expected Dividend Rate [Member]
Fair value assumptions, measurement input, percentages			0.00%
Placement Agent [Member]
Warrant to purchase common shares			178,882
Warrant exercise price			$ 11.50
Aggregate offering costs			$ 2,981
Fair value of warrants			$ 632
Warrant term			5 years
Common Stock [Member]
Warrant to purchase common shares				200,000
Warrant exercise price				$ 11.50
Warrant redemption price per share			$ 0.01
Common Stock [Member] | Exceeds Price Point [Member]
Common stock market price per share			24
Series A Preferred Stock [Member]
Weighted average price trading price after second anniversary force conversion			$ 25
Warrant to purchase common shares			596,273
Warrant exercise price			$ 11.50
Private Placement [Member]
Sale of stock consideration			$ 94,800
Private Placement [Member] | Series A Preferred Stock [Member]
Number of shares issued			600,000
Number of shares issued, value			$ 60,000
Preferred stock conversion price per share			$ 10.0625
Preferred stock dividend rate percentage			8.00%
Issue price of preferred stock			$ 100
Dividend rate description			Accrued and unpaid dividends, until paid in full in cash, will accrue at the then applicable Dividend Rate plus 2%. The Dividend Rate will be increased to 11% per annum, compounded quarterly, in the event that the Company’s senior indebtedness less unrestricted cash during any trailing twelve-month period ending at the end of any fiscal quarter is greater than 2.25 times earnings before interest, taxes, depreciation and amortization (“EBITDA”). The Dividend Rate will be reset to 8% at the end of the first fiscal quarter when the Company’s senior indebtedness less unrestricted cash during the trailing twelve-month period ending at the end of such quarter is less than 2.25 times EBITDA.
Private Placement [Member] | Series A Preferred Stock [Member] | Board of Directors [Member]
Number of preferred stock owned			500,000
Private Placement [Member] | Series A Preferred Stock [Member] | Maximum [Member]
Preferred stock dividend rate percentage			11.00%

Stockholders' Equity (Details N

Stockholders' Equity (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Jun. 15, 2018	May 31, 2018	May 07, 2018	Mar. 23, 2018	Mar. 16, 2018	Mar. 15, 2018	Nov. 24, 2015	Mar. 14, 2018	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2017	May 15, 2018	Dec. 31, 2017
Common stock, shares authorized									100,000,000		100,000,000	100,000,000
Common stock, par value									$ 0.0001		$ 0.0001	$ 0.0001
Preferred stock, shares authorized									5,000,000		5,000,000	5,000,000
Preferred stock, par value									$ 0.0001		$ 0.0001	$ 0.0001
Issuance of shares in acquisition of lazydays											$ 29,400
Number of shares options granted											4,271,128
Stock-based compensation expense related to stock											$ 3,129
Amounts held in escrow														$ 109
PIPE Investment [Member]
Number of warrant to purchase shares of common stock						2,522,458
Warrants Holders [Member]
Number of warrant to purchase shares of common stock						2,000,000
Number of warrant exercisable on cashless basis						155,000
Non Employee Directors [Member]
Stock option issued to purchase units				14,218
Expected term				3 years 6 months
Expected risk-free rate				2.42%
Expected dividend yield				0.00%
Expected annual volatility				39.00%
Board of Directors [Member]
Fair value of the options issued											$ 350
Placement Agent [Member]
Number of warrant to purchase shares of common stock									178,882		178,882	178,882
Warrant exercise price									$ 11.50		$ 11.50	$ 11.50
Warrant term									5 years		5 years	5 years
Option Holders [Member]
Payments for merger related costs						$ 2,636
Share issued during period merger, value						$ 530
Number of shares issued during period merger						51,529
Common Stock [Member]
Common stock, shares outstanding						1,872,428
Number of shares issued for shares conversion						615,436
Reclassification of andina common stock previously subject to redemption, shares						472,571
Reclassification of andina common stock previously subject to redemption						$ 4,910
Issuance of shares in acquisition of lazydays, shares						2,857,189
Shares issued, price per share						$ 10.29
Issuance of shares in acquisition of lazydays						$ 29,400
Number of common stock shares sold						2,653,984
Number of warrant to purchase shares of common stock							200,000
Warrant exercise price							$ 11.50
Payments for offering costs						$ 2,065
Warrant redemption price per share									$ 0.01		$ 0.01	$ 0.01
Stock option issued to purchase units							57,142
Common Stock [Member] | Warrants Holders [Member]
Warrant redemption price per share						$ 0.01
Common Stock [Member] | Exceeds Price Point [Member]
Common stock market price per share									$ 24		$ 24	$ 24
Common Stock [Member] | Exceeds Price Point [Member] | Warrants Holders [Member]
Common stock market price per share						$ 24
Common Stock [Member] | Unit Purchase Options [Member]
Stock option issued to purchase units							457,142
Non-Redeemable Preferred Warrants [Member]
Number of warrant to purchase shares of common stock						2,155,000
Warrant exercise price						$ 11.50
Warrant term						5 years
Non-Redeemable Preferred Warrants [Member] | Placement Agent [Member]
Number of warrant to purchase shares of common stock						116,376
Warrant exercise price						$ 11.50
Warrant term						5 years
Non-Redeemable Preferred Warrants [Member] | Common Stock [Member]
Number of warrant to purchase shares of common stock						1,339,499
Warrant exercise price						$ 0.01
Warrant redemption price per share						0.01
Non-Redeemable Preferred Warrants [Member] | Common Stock [Member] | Exceeds Price Point [Member]
Common stock market price per share						$ 24
Warrant one [Member] | Common Stock [Member]
Number of warrant to purchase shares of common stock						1,630,927
Warrant exercise price						$ 11.50
Warrant term						5 years
Proceeds from issuance of warrants						$ 34,783
Unit Purchase Options [Member]
Stock option issued to purchase units							400,000
Stock option issued to purchase units price per share							$ 10
Unit Purchase Options [Member] | Designees [Member]
Purchased price of EBC units							$ 100
Non-Redeemable Preferred Warrants [Member]
Number of warrant to purchase shares of common stock									1,339,499		1,339,499	1,339,499
Warrant exercise price									$ 0.01		$ 0.01	$ 0.01
Five Year Incentive Stock Options [Member]
Granted stock options term					5 years
Number of shares options granted					3,573,113
Stock options exercise price per share					$ 11.10
Fair value of the options issued					$ 15,004
Expected term					5 years
Expected risk-free rate					2.62%
Expected dividend yield					0.00%
Expected annual volatility					42.80%
Five Year Incentive Stock Options [Member] | Share-based Compensation Award, Tranche One [Member]
Stock option vesting percentage					30.00%
Stock option vested price per share					$ 13.125
Stock options vesting term			11 months 19 days		8 months 26 days
Five Year Incentive Stock Options [Member] | Share-based Compensation Award, Tranche Two [Member]
Stock option vesting percentage					30.00%
Stock option vested price per share					$ 17.50
Stock options vesting term			1 year 9 months		1 year 7 months 21 days
Five Year Incentive Stock Options [Member] | Share-based Compensation Award, Tranche Three [Member]
Stock option vesting percentage					30.00%
Stock option vested price per share					$ 21.875
Stock options vesting term			2 years 1 month 24 days		2 years 2 months 27 days
Five Year Incentive Stock Options [Member] | Share-based Compensation Award, Tranche Four [Member]
Stock option vesting percentage					10.00%
Stock option vested price per share					$ 35
Stock options vesting term			2 years 11 months 15 days		3 years 1 month 16 days
Five Year Incentive Stock Options [Member] | Non Employee Directors [Member]
Stock option issued to purchase units				15,123	99,526
Stock option issued to purchase units price per share				$ 10.40
Granted stock options term					5 years
Stock options exercise price per share					$ 11.10
Number of options forfeited		15,123
Stock options vesting term					3 years
CEO Stock Options [Member]
Number of shares options granted					1,458,414
CFO Stock Options [Member]
Number of shares options granted			583,366		583,366
Number of options forfeited	583,366
Incentive Stock Options [Member]
Granted stock options term			5 years
Fair value of the options issued			$ 2,357
Expected term			5 years
Expected risk-free rate			2.74%
Expected dividend yield			0.00%
Expected annual volatility			54.70%
Successor [Member]
Common stock, shares authorized									100,000,000		100,000,000	100,000,000
Common stock, par value									$ 0.0001		$ 0.0001	$ 0.0001
Preferred stock, shares authorized									5,000,000		5,000,000	5,000,000
Preferred stock, par value									$ 0.0001		$ 0.0001	$ 0.0001
Common stock, shares outstanding									8,471,608		8,471,608	8,471,608
Stock-based compensation expense related to stock									$ 2,621		$ 3,100
Successor [Member] | Common Stock [Member]
Number of shares issued for shares conversion											615,436
Issuance of shares in acquisition of lazydays, shares											2,857,189
Issuance of shares in acquisition of lazydays
Stock-based compensation expense related to stock
Successor [Member] | Five Year Incentive Stock Options [Member]
Stock-based compensation expense related to stock									25		29
Successor [Member] | Stock Option Two [Member]
Compensation cost unrecognized									$ 12,078		$ 12,078	$ 12,078
Weighted average service period												1 year 5 months 9 days
Weighted average grant date fair value of awards issued												$ 4.16
Predecessor [Member]
Common stock, shares authorized															4,500,000
Common stock, par value															$ 0.001
Preferred stock, shares authorized															150,000
Preferred stock, par value															$ 0.001
Common stock, shares outstanding															3,333,166
Stock-based compensation expense related to stock								$ 140					$ 241
Predecessor [Member] | Stock Options [Member]
Stock-based compensation expense related to stock								$ 140		$ 122			$ 241
Distributable in Cash [Member]
Cash paid to settle the options						$ 1,500
2018 Long-Term Incentive Equity Plan [Member]
Maximum percentage on options may be issued						13.00%
Options issuable under stock price trigger						$ 8.75
Number of common shares reserved for future issuance									166,145		166,145	166,145
2018 Long-Term Incentive Equity Plan [Member] | Increased Plan By Formula [Member]
Maximum percentage on options may be issued						18.00%

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Warrants Activity (Details)	4 Months Ended
	Jun. 30, 2018$ / sharesshares
Equity [Abstract]
Shares Underlying Warrants outstanding beginning balance | shares
Shares Underlying Warrants Granted | shares	4,677,458
Shares Underlying Warrants Cancelled or Expired | shares
Shares Underlying Warrants Exercised | shares
Shares Underlying Warrants outstanding ending balance | shares	4,677,458
Weighted Average Exercise Price beginning balance | $ / shares
Weighted Average Exercise Price Granted | $ / shares	11.50
Weighted Average Exercise Price Cancelled or Expired | $ / shares
Weighted Average Exercise Price Exercised | $ / shares
Weighted Average Exercise Price ending balance | $ / shares	$ 11.50

Stockholders' Equity - Schedu68

Stockholders' Equity - Schedule of Stock Option Activity (Details)	4 Months Ended
	Jun. 30, 2018USD ($)$ / sharesshares
Equity [Abstract]
Shares Underlying Options, March 15, 2018 | shares
Shares Underlying Options, Granted | shares	4,271,128
Shares Underlying Options, Cancelled or terminated | shares	(612,707)
Shares Underlying Options, Exercised | shares
Shares Underlying Options, June 30, 2018 | shares	3,658,421
Shares Underlying Options, vested June 30, 2018 | shares
Weighted Average Exercise Price Outstanding, March 15, 2018 | $ / shares
Weighted Average Exercise Price, Granted | $ / shares	11.10
Weighted Average Exercise Price, Cancelled or terminated | $ / shares	11.08
Weighted Average Exercise Price, Exercised | $ / shares
Weighted Average Exercise Price June 30, 2018 | $ / shares	11.10
Weighted Average Exercise Price, vested June 30, 2018 | $ / shares
Weighted Average Remaining Life June 30, 2018	4 years 8 months 26 days
Weighted Average Remaining Life, vested June 30, 2018	0 years
Aggregate Intrinsic Value, Outstanding, June 30, 2018 | $
Aggregate Intrinsic Value, vested, June 30, 2018 | $