Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

Summary of Significant Accounting Policies

Schedule of effect of the error corrections

	As of December 31, 2023
($ in thousands)	As Previously Reported		Adjustment		As Revised
Deferred tax assets, net	$	157,326	$	43,768	$	201,094
Total assets		4,845,684		43,768		4,889,452
Additional paid-in capital		98,280		33,385		131,665
Retained earnings		185,244		10,383		195,627
Total stockholders' equity attributable to Camping World Holdings, Inc.		124,584		43,768		168,352
Total stockholders' equity		214,207		43,768		257,975
Total liabilities and stockholders' equity		4,845,684		43,768		4,889,452

	Year Ended December 31, 2023						Year Ended December 31, 2022
($ in thousands except per share amounts)	As Previously Reported		Adjustment		As Revised		As Previously Reported		Adjustment		As Revised
Income tax benefit (expense)	$	1,199	$	2,328	$	3,527	$	(99,084)	$	(13,199)	$	(112,283)
Net income		50,601		2,328		52,929		351,031		(13,199)		337,832
Net income attributable to Camping World Holdings, Inc.		31,044		2,328		33,372		136,947		(13,199)		123,748
Earnings per share of Class A common stock:
Basic	$	0.70	$	0.05	$	0.75	$	3.23	$	(0.31)	$	2.92
Diluted	$	0.55	$	0.02	$	0.57	$	3.22	$	(0.31)	$	2.91

	Additional Paid-In Capital						Retained Earnings						Total Stockholders' Equity
($ in thousands)	As Previously Reported		Adjustment		As Revised		As Previously Reported		Adjustment		As Revised		As Previously Reported		Adjustment		As Revised
Balance at January 1, 2022	$	98,113	$	(551)	$	97,562	$	189,471	$	21,254	$	210,725	$	233,894	$	20,703	$	254,597
Stock-based compensation		13,897		—		13,897		—		—		—		30,727		—		30,727
Exercise of stock options		(349)		—		(349)		—		—		—		541		—		541
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options		(245)		—		(245)		—		—		—		—		—		—
Vesting of restricted stock units		(35,831)		—		(35,831)		—		—		—		209		—		209
Repurchases of Class A common stock for withholding taxes on vested RSUs		2,371		—		2,371		—		—		—		(11,128)		—		(11,128)
Repurchases of Class A common stock to treasury stock		27,561		—		27,561		—		—		—		(89,970)		—		(89,970)
Redemption of LLC common units for Class A common stock		424		41,420		41,844		—		—		—		380		41,420		41,800
Disgorgement of short-swing profits by Section 16 officer		58		—		58		—		—		—		58		—		58
Distributions to holders of LLC common units		—		—		—		—		—		—		(162,963)		—		(162,963)
Dividends		—		—		—		(105,387)		—		(105,387)		(105,387)		—		(105,387)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability		294		—		294		—		—		—		294		—		294
Non-controlling interest adjustment		(242)		—		(242)		—		—		—		—		—		—
Net income		—		—		—		136,947		(13,199)		123,748		351,031		(13,199)		337,832
Balance at December 31, 2022	$	106,051	$	40,869	$	146,920	$	221,031	$	8,055	$	229,086	$	247,686	$	48,924	$	296,610
Stock-based compensation		9,458		—		9,458		—		—		—		20,849		—		20,849
Exercise of stock options		(238)		—		(238)		—		—		—		389		—		389
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options		(485)		—		(485)		—		—		—		(324)		—		(324)
Vesting of restricted stock units		(25,080)		—		(25,080)		—		—		—		438		—		438
Repurchases of Class A common stock for withholding taxes on vested RSUs		3,016		—		3,016		—		—		—		(6,861)		—		(6,861)
Redemption of LLC common units for Class A common stock		8,653		(7,484)		1,169		—		—		—		3,934		(7,484)		(3,550)
Distributions to holders of LLC common units		—		—		—		—		—		—		(31,510)		—		(31,510)
Dividends		—		—		—		(66,831)		—		(66,831)		(66,831)		—		(66,831)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability		(4,164)		—		(4,164)		—		—		—		(4,164)		—		(4,164)
Non-controlling interest adjustment		1,069		—		1,069		—		—		—		—		—		—
Net income		—		—		—		31,044		2,328		33,372		50,601		2,328		52,929
Balance at December 31, 2023	$	98,280	$	33,385	$	131,665	$	185,244	$	10,383	$	195,627	$	214,207	$	43,768	$	257,975

	Year Ended December 31, 2023						Year Ended December 31, 2022
($ in thousands)	As Previously Reported		Adjustment		As Revised		As Previously Reported		Adjustment		As Revised
Net income	$	50,601	$	2,328	$	52,929	$	351,031	$	(13,199)	$	337,832
Deferred income taxes		(11,880)		(2,328)		(14,208)		43,301		13,199		56,500

Schedule of allowance for credit losses

The following table details the changes in the allowance for credit losses relating to current receivables (in thousands):

	Year Ended December 31,
	2024		2023
Allowance for credit losses:
Balance, beginning of period	$	2,978	$	4,222
Charged to bad debt expense		754		(954)
Deductions (1)		(984)		(290)
Balance, end of period	$	2,748	$	2,978

(1) These amounts primarily relate to the write off of uncollectable accounts after collection efforts have been exhausted.

Schedule of Property and Equipment, estimated useful lives of the assets

	Years
Building and improvements	40
Leasehold improvements	3-40
Furniture, fixtures and equipment	3-12
Software	3-5