XML 17 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue:        
Total revenue $ 1,900,721 $ 2,168,632 $ 3,387,601 $ 3,831,028
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):        
Total costs applicable to revenue 1,329,619 1,451,839 2,375,479 2,554,033
Operating expenses:        
Selling, general, and administrative 420,887 441,123 786,613 826,438
Depreciation and amortization 17,206 17,627 31,843 43,162
Long-lived asset impairment 477 2,618 7,522 2,618
Lease termination 0 944 0 1,122
(Gain) loss on sale or disposal of assets (145) 381 (5,132) 430
Total operating expenses 438,425 462,693 820,846 873,770
Income from operations 132,677 254,100 191,276 403,225
Other expense:        
Floor plan interest expense (20,672) (8,733) (41,482) (14,999)
Other interest expense, net (33,518) (14,935) (64,631) (29,236)
Other expense, net (183) (72) (1,683) (295)
Total other expense (54,373) (23,740) (107,796) (44,530)
Income before income taxes 78,304 230,360 83,480 358,695
Income tax expense (13,581) (32,375) (13,854) (53,411)
Net income 64,723 197,985 69,626 305,284
Less: net income attributable to non-controlling interests (36,020) (113,674) (37,754) (176,243)
Net income attributable to Camping World Holdings, Inc. $ 28,703 $ 84,311 $ 31,872 $ 129,041
Class A common stock        
Earnings per share of Class A common stock:        
Basic $ 0.65 $ 2.02 $ 0.72 $ 3.03
Diluted $ 0.64 $ 2.01 $ 0.71 $ 3.01
Weighted average shares of Class A common stock outstanding:        
Basic 44,490 41,737 44,473 42,640
Diluted 44,804 42,139 84,783 43,171
Good Sam Services and Plans        
Revenue:        
Total revenue $ 51,038 $ 49,593 $ 97,405 $ 94,152
New vehicles        
Revenue:        
Total revenue 800,903 1,077,252 1,447,655 1,912,211
Used vehicles        
Revenue:        
Total revenue 622,962 555,958 1,067,708 958,990
Products, service and other        
Revenue:        
Total revenue 247,760 278,001 455,421 492,974
Finance and insurance, net        
Revenue:        
Total revenue 166,934 195,407 296,706 348,785
Good Sam Club        
Revenue:        
Total revenue 11,124 12,421 22,706 23,916
Good Sam Services and Plans        
Revenue:        
Total revenue 51,038 49,593 97,405 94,152
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):        
Total costs applicable to revenue 17,671 18,958 33,823 35,661
RV and Outdoor Retail        
Revenue:        
Total revenue 1,849,683 2,119,039 3,290,196 3,736,876
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):        
Total costs applicable to revenue 1,311,948 1,432,881 2,341,656 2,518,372
RV and Outdoor Retail | New vehicles        
Revenue:        
Total revenue 800,903 1,077,252 1,447,655 1,912,211
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):        
Total costs applicable to revenue 677,376 852,171 1,234,918 1,496,541
RV and Outdoor Retail | Used vehicles        
Revenue:        
Total revenue 622,962 555,958 1,067,708 958,990
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):        
Total costs applicable to revenue 480,419 414,169 822,366 716,994
RV and Outdoor Retail | Products, service and other        
Revenue:        
Total revenue 247,760 278,001 455,421 492,974
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):        
Total costs applicable to revenue 153,043 164,222 282,061 300,382
RV and Outdoor Retail | Finance and insurance, net        
Revenue:        
Total revenue 166,934 195,407 296,706 348,785
RV and Outdoor Retail | Good Sam Club        
Revenue:        
Total revenue 11,124 12,421 22,706 23,916
Costs applicable to revenue (exclusive of depreciation and amortization shown separately below):        
Total costs applicable to revenue $ 1,110 $ 2,319 $ 2,311 $ 4,455