Inventories and Floor Plan Payables (Tables)

12 Months Ended

Dec. 31, 2021

Inventory

Schedule of inventories

Inventories consisted of the following at December 31, 2021 and 2020 (in thousands):

	December 31,		December 31,
	2021		2020
Good Sam services and plans	$	—	$	109
New RVs		1,108,836		691,114
Used RVs		406,398		178,336
Products, parts, accessories and other		277,631		266,786
	$	1,792,865	$	1,136,345

Floor Plan Facility

Inventory

Schedule of outstanding amounts and available borrowing

The following table details the outstanding amounts and available borrowings under the Floor Plan Facility as of December 31, 2021 and December 31, 2020 (in thousands):

	December 31,		December 31,
	2021		2020
Floor Plan Facility:
Notes payable — floor plan:
Total commitment	$	1,700,000	$	1,379,750
Less: borrowings, net		(1,011,345)		(522,455)
Less: flooring line aggregate interest reduction account		(92,108)		(133,639)
Additional borrowing capacity		596,547		723,656
Less: accounts payable for sold inventory		(28,036)		(28,980)
Less: purchase commitments		(34,612)		(39,121)
Unencumbered borrowing capacity	$	533,899	$	655,555
Revolving line of credit	$	70,000	$	48,000
Less: borrowings		(20,885)		(20,885)
Additional borrowing capacity	$	49,115	$	27,115
Letters of credit:
Total commitment	$	30,000	$	15,000
Less: outstanding letters of credit		(11,500)		(11,732)
Additional letters of credit capacity	$	18,500	$	3,268