Segments Information

6 Months Ended

Jun. 30, 2023

Segments Information

Segments Information

19. Segments Information

Reportable segment revenue; segment income; floor plan interest expense; depreciation and amortization; other interest expense, net; and total assets are as follows:

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

	Three Months Ended June 30,				Six Months Ended June 30,
($ in thousands)	2023		2022		2023		2022
Segment income:(1)
Good Sam Services and Plans	$	26,840	$	22,124	$	50,459	$	43,296
RV and Outdoor Retail		106,156		243,485		138,740		394,984
Total segment income		132,996		265,609		189,199		438,280
Corporate & other		(3,785)		(2,615)		(7,562)		(6,892)
Depreciation and amortization		(17,206)		(17,627)		(31,843)		(43,162)
Other interest expense, net		(33,518)		(14,935)		(64,631)		(29,236)
Other expense, net		(183)		(72)		(1,683)		(295)
Income before income taxes	$	78,304	$	230,360	$	83,480	$	358,695

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

	Three Months Ended June 30,				Six Months Ended June 30,
($ in thousands)	2023		2022		2023		2022
Depreciation and amortization:
Good Sam Services and Plans	$	774	$	709	$	1,726	$	1,499
RV and Outdoor Retail		16,432		16,918		30,117		41,663
Total depreciation and amortization	$	17,206	$	17,627	$	31,843	$	43,162

	Three Months Ended June 30,				Six Months Ended June 30,
($ in thousands)	2023		2022		2023		2022
Other interest expense, net:
Good Sam Services and Plans	$	(54)	$	2	$	(109)	$	2
RV and Outdoor Retail		6,985		3,175		12,782		5,926
Subtotal		6,931		3,177		12,673		5,928
Corporate & other		26,587		11,758		51,958		23,308
Total other interest expense, net	$	33,518	$	14,935	$	64,631	$	29,236

	June 30,		December 31,		June 30,
($ in thousands)	2023		2022		2022
Assets:
Good Sam Services and Plans	$	92,453	$	130,841	$	82,734
RV and Outdoor Retail		4,538,440		4,448,354		4,261,031
Subtotal		4,630,893		4,579,195		4,343,765
Corporate & other		172,200		220,952		266,536
Total assets	$	4,803,093	$	4,800,147	$	4,610,301