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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2016
Summary of Significant Accounting Policies  
Schedule of Property and Equipment, estimated useful lives of the assets

 

 

 

 

    

Years

Building and improvements

 
40

Leasehold improvements

 

3 - 40

Furniture, fixtures and equipment

 

3-12

Rental vehicles

 
8

Software

 

3-5

 

Schedule of revisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2015

 

Year Ended December 31, 2014

($ in thousands)

    

As Reported

    

Adjustment

    

As Corrected

    

As Reported

    

Adjustment

    

As Corrected

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New vehicles

 

$
1,607,790

 

$
(1,325)

 

$
1,606,465

 

$
1,176,838

 

$
(2,022)

 

$
1,174,816

Used vehicles

 

 
806,759

 

 
(360)

 

 
806,399

 

 
680,786

 

 
(596)

 

 
680,190

Parts, service and other

 

 
553,834

 

 
(46,024)

 

 
507,810

 

 
518,905

 

 
(36,651)

 

 
482,254

Finance and insurance, net

 

 
190,278

 

 
542

 

 
190,820

 

 
134,826

 

 
314

 

 
135,140

Retail segment revenues

 

 
3,158,661

 

 
(47,167)

 

 
3,111,494

 

 
2,511,355

 

 
(38,955)

 

 
2,472,400

Total revenues

 

 
3,333,261

 

 
(47,167)

 

 
3,286,094

 

 
2,673,953

 

 
(38,955)

 

 
2,634,998

Costs applicable to revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New vehicles

 

 
1,387,358

 

 
(8,202)

 

 
1,379,156

 

 
1,012,494

 

 
(6,105)

 

 
1,006,389

Used vehicles

 

 
652,235

 

 
(5,299)

 

 
646,936

 

 
551,702

 

 
(5,080)

 

 
546,622

Parts, service and other

 

 
297,957

 

 
(22,968)

 

 
274,989

 

 
280,345

 

 
(18,618)

 

 
261,727

Retail segment costs applicable to revenues

 

 
2,337,550

 

 
(36,469)

 

 
2,301,081

 

 
1,844,541

 

 
(29,803)

 

 
1,814,738

Total costs applicable to revenues

 

 
2,419,299

 

 
(36,469)

 

 
2,382,830

 

 
1,918,606

 

 
(29,803)

 

 
1,888,803

Selling, general and administrative expenses

 

 
644,409

 

 
(9,519)

 

 
634,890

 

 
544,107

 

 
(7,622)

 

 
536,485

Income from operations

 

 
245,689

 

 
(1,179)

 

 
244,510

 

 
186,606

 

 
(1,530)

 

 
185,076

Floor plan interest expense

 

 
(12,427)

 

 
1,179

 

 
(11,248)

 

 
(10,675)

 

 

 —

 

 
(10,675)

Net income

 

 
178,530

 

 

 —

 

 
178,530

 

 
125,156

 

 
(1,530)

 

 
123,626

Net income attributable to Camping World Holdings, Inc.

 

 
178,530

 

 

 —

 

 
178,530

 

 
125,156

 

 
(1,530)

 

 
123,626

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2015

 

At December 31, 2014

($ in thousands)

    

As Reported

    

Adjustment

    

As Corrected

    

As Reported

    

Adjustment

    

As Corrected

Inventories, net

 

$
868,939

 

$
(7,092)

 

$
861,847

 

$
676,806

 

$
(5,913)

 

$
670,893

Other assets

 

 
15,394

 

 
1,179

 

 
16,573

 

 
15,124

 

 

 —

 

 
15,124

Total assets

 

 
1,344,018

 

 
(5,913)

 

 
1,338,105

 

 
1,163,168

 

 
(5,913)

 

 
1,157,255

Members' deficit

 

 
(288,947)

 

 
(5,913)

 

 
(294,860)

 

 
(236,700)

 

 
(5,913)

 

 
(242,613)

Total liabilities and stockholders' / members' equity (deficit)

 

 
1,344,018

 

 
(5,913)

 

 
1,338,105

 

 
1,163,168

 

 
(5,913)

 

 
1,157,255