| Schedule of reconciliations of the numerators and denominators used to compute basic and diluted earnings per share |
| | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | (In thousands except per share amounts) | | 2026 | | 2025 | | 2026 | | 2025 | Numerator: | | | | | | | | | | | | | Net income | | $ | 43,713 | | $ | 57,523 | | $ | 17,052 | | $ | 32,841 | Less: net income attributable to non-controlling interests | | | (16,853) | | | (27,307) | | | (6,594) | | | (14,905) | Net income attributable to Camping World Holdings, Inc. — basic | | $ | 26,860 | | $ | 30,216 | | $ | 10,458 | | $ | 17,936 | Add: reallocation of net income attributable to non-controlling interests from the assumed dilutive effect of stock options, PSUs and RSUs | | | 82 | | | 27 | | | 15 | | | — | 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 | | | — | | | — | | | — | | | 11,049 | Net income attributable to Camping World Holdings, Inc. — diluted | | $ | 26,942 | | $ | 30,243 | | $ | 10,473 | | $ | 28,985 | Denominator: | | | | | | | | | | | | | Weighted-average shares of Class A common stock outstanding — basic | | | 63,668 | | | 62,610 | | | 63,573 | | | 62,571 | Dilutive liability-classified awards | | | 433 | | | — | | | 505 | | | — | Dilutive PSUs and RSUs | | | 74 | | | 137 | | | 88 | | | 195 | Dilutive common units of CWGS, LLC that are convertible into Class A common stock | | | — | | | — | | | — | | | 39,895 | Weighted-average shares of Class A common stock outstanding — diluted | | | 64,175 | | | 62,747 | | | 64,166 | | | 102,661 | | | | | | | | | | | | | | Earnings per share of Class A common stock — basic | | $ | 0.42 | | $ | 0.48 | | $ | 0.16 | | $ | 0.29 | Earnings per share of Class A common stock — diluted | | $ | 0.42 | | $ | 0.48 | | $ | 0.16 | | $ | 0.28 | | | | | | | | | | | | | | Weighted-average anti-dilutive securities excluded from the computation of diluted earnings per share of Class A common stock: | | | | | | | | | | | | | Stock options to purchase Class A common stock | | | 132 | | | 151 | | | 134 | | | 153 | PSUs and RSUs | | | 1,723 | | | 1,892 | | | 1,478 | | | 1,684 | Common units of CWGS, LLC that are convertible into Class A common stock | | | 39,895 | | | 39,895 | | | 39,895 | | | — | | | | | | | | | | | | | | Weighted-average contingently issuable shares excluded from the computation of diluted earnings per share of Class A common stock since all necessary conditions had not been satisfied: | | | | | | | | | | | | | PSUs(1) | | | 815 | | | 750 | | | 783 | | | 750 |
| (1) | See Note 17 – Stock-Based Compensation Plans for further details of PSUs. |
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