Segment Information (Tables)

6 Months Ended

Jun. 30, 2022

Segment Information

Reportable segment revenue

	Three Months Ended June 30, 2022								Three Months Ended June 30, 2021
	Good Sam		RV and						Good Sam		RV and
	Services		Outdoor		Intersegment				Services		Outdoor		Intersegment
($ in thousands)	and Plans		Retail		Eliminations		Total		and Plans		Retail		Eliminations		Total
Revenue:
Good Sam services and plans	$	49,672	$	—	$	(79)	$	49,593	$	46,955	$	—	$	(53)	$	46,902
New vehicles		—		1,079,223		(1,971)		1,077,252		—		1,060,982		(2,204)		1,058,778
Used vehicles		—		557,182		(1,224)		555,958		—		461,217		(1,080)		460,137
Products, service and other		—		278,329		(328)		278,001		—		306,127		(573)		305,554
Finance and insurance, net		—		201,190		(5,783)		195,407		—		182,305		(4,620)		177,685
Good Sam Club		—		12,421		—		12,421		—		12,751		—		12,751
Total consolidated revenue	$	49,672	$	2,128,345	$	(9,385)	$	2,168,632	$	46,955	$	2,023,382	$	(8,530)	$	2,061,807
	Six Months Ended June 30, 2022								Six Months Ended June 30, 2021
	Good Sam		RV and						Good Sam		RV and
	Services		Outdoor		Intersegment				Services		Outdoor		Intersegment
($ in thousands)	and Plans		Retail		Eliminations		Total		and Plans		Retail		Eliminations		Total
Revenue:
Good Sam services and plans	$	94,501	$	—	$	(349)	$	94,152	$	87,867	$	—	$	(94)	$	87,773
New vehicles		—		1,915,795		(3,584)		1,912,211		—		1,884,757		(4,003)		1,880,754
Used vehicles		—		961,000		(2,010)		958,990		—		756,246		(1,852)		754,394
Products, service and other		—		493,547		(573)		492,974		—		557,717		(893)		556,824
Finance and insurance, net		—		358,973		(10,188)		348,785		—		323,925		(7,986)		315,939
Good Sam Club		—		23,916		—		23,916		—		23,904		—		23,904
Total consolidated revenue	$	94,501	$	3,753,231	$	(16,704)	$	3,831,028	$	87,867	$	3,546,549	$	(14,828)	$	3,619,588

Reportable segment income

	Three Months Ended June 30,				Six Months Ended June 30,
($ in thousands)	2022		2021		2022		2021
Segment income:(1)
Good Sam Services and Plans	$	22,124	$	23,202	$	43,296	$	44,385
RV and Outdoor Retail		243,485		302,613		394,984		461,649
Total segment income		265,609		325,815		438,280		506,034
Corporate & other		(2,615)		(2,138)		(6,892)		(4,490)
Depreciation and amortization		(17,627)		(13,044)		(43,162)		(25,745)
Other interest expense, net		(14,935)		(11,789)		(29,236)		(24,012)
Tax Receivable Agreement liability adjustment		—		—		—		(3,520)
Loss and expense on debt restructure		—		(10,421)		—		(10,421)
Other income, net		(72)		—		(295)		45
Income before income taxes	$	230,360	$	288,423	$	358,695	$	437,891

(1) Segment income is defined as income from operations before depreciation and amortization plus floor plan interest expense.

Reportable depreciation and amortization and other interest expense, net

	Three Months Ended June 30,				Six Months Ended June 30,
($ in thousands)	2022		2021		2022		2021
Depreciation and amortization:
Good Sam Services and Plans	$	709	$	760	$	1,499	$	1,569
RV and Outdoor Retail		16,918		12,284		41,663		24,176
Total depreciation and amortization	$	17,627	$	13,044	$	43,162	$	25,745

	Three Months Ended June 30,				Six Months Ended June 30,
($ in thousands)	2022		2021		2022		2021
Other interest expense, net:
Good Sam Services and Plans	$	2	$	—	$	2	$	—
RV and Outdoor Retail		3,175		1,907		5,926		3,709
Subtotal		3,177		1,907		5,928		3,709
Corporate & other		11,758		9,882		23,308		20,303
Total other interest expense, net	$	14,935	$	11,789	$	29,236	$	24,012

Reportable segment assets

	June 30,		December 31,
($ in thousands)	2022		2021
Assets:
Good Sam Services and Plans	$	82,734	$	158,988
RV and Outdoor Retail		4,261,031		3,849,217
Subtotal		4,343,765		4,008,205
Corporate & other		266,536		364,724
Total assets	$	4,610,301	$	4,372,929