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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share  
Schedule of reconciliations of the numerators and denominators used to compute basic and diluted earnings

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Three Months Ended June 30,

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Six Months Ended June 30,

(In thousands except per share amounts)

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2023

    

2022

    

2023

    

2022

Numerator:

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Net income

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$

64,723

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$

197,985

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$

69,626

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$

305,284

Less: net income attributable to non-controlling interests

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(36,020)

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(113,674)

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(37,754)

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(176,243)

Net income attributable to Camping World Holdings, Inc. — basic

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$

28,703

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$

84,311

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31,872

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129,041

Add: reallocation of net income attributable to non-controlling interests from the assumed dilutive effect of stock options and RSUs

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101

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405

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—

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738

Add: reallocation of net income attributable to non-controlling interests from the assumed redemption of common units of CWGS, LLC for Class A common stock

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28,569

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Net income attributable to Camping World Holdings, Inc. — diluted

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$

28,804

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$

84,716

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$

60,441

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$

129,779

Denominator:

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Weighted-average shares of Class A common stock outstanding — basic

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44,490

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41,737

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44,473

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42,640

Dilutive options to purchase Class A common stock

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29

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44

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22

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66

Dilutive restricted stock units

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285

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358

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243

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465

Dilutive common units of CWGS, LLC that are convertible into Class A common stock

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—

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—

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40,045

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Weighted-average shares of Class A common stock outstanding — diluted

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44,804

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42,139

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84,783

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43,171

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Earnings per share of Class A common stock — basic

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$

0.65

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$

2.02

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$

0.72

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$

3.03

Earnings per share of Class A common stock — diluted

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$

0.64

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$

2.01

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$

0.71

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$

3.01

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Weighted-average anti-dilutive securities excluded from the computation of diluted earnings per share of Class A common stock:

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Restricted stock units

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1,099

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3,256

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1,608

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2,448

Common units of CWGS, LLC that are convertible into Class A common stock

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40,045

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42,045

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—

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42,045