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Segments Information (Tables)
6 Months Ended
Jun. 30, 2023
Segments Information  
Reportable segment revenue

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

Reportable segment income

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.
Reportable depreciation and amortization and other interest expense, net

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

Reportable segment assets

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