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EXHIBIT (21)

SUBSIDIARIES OF K2 INC.

			Percentage of voting securities owned or subject to voting control by
			Company		Other
Shakespeare Conductive Fibers, LLC a Delaware limited liability company			100	%
Shakespeare Company, LLC a Delaware limited liability company			100	%
Subsidiaries of Shakespeare Company, LLC:
	Shakespeare (Hong Kong) Ltd., a Hong Kong corporation				100	%
	Subsidiary of Shakespeare (Hong Kong) Ltd.:
		Pacific Rim Metallic Products Ltd., a Hong Kong corporation			100	%
	Shakespeare International Ltd., a British corporation				100	%
	Subsidiaries of Shakespeare International Ltd.:
		Shakespeare Company (UK) Ltd., a British corporation			100	%
		Shakespeare Monofilament U.K. Ltd., a British corporation			100	%
	Shakespeare Hengelsport, B.V., a Dutch corporation				100	%
	Shakespeare (Australia) Pty. Ltd., an Australian corporation				100	%
	K2 Ski Sport und Mode GmbH, a German corporation				100	%
Sitca Corporation, a Washington corporation			100	%
Subsidiaries of Sitca Corporation:
	K-2 Corporation, an Indiana corporation				100	%
	Subsidiaries of K-2 Corporation:
		Planet Earth Skateboards, Inc., a California corporation			100	%
		K-2 International, Inc., an Indiana corporation			100	%
		K2 Japan Corporation, a Japanese corporation			100	%
		Madshus A.S., a Norwegian corporation			100	%
SMCA, Inc., a Minnesota corporation			100	%
Subsidiary of SMCA, Inc.:
	Stearns Inc., a Minnesota corporation		100	%
Ride, Inc., a Washington corporation					100	%
Subsidiaries of Ride, Inc.:
	Ride Snowboard Company, a Washington corporation				100	%
	Ride Manufacturing, Inc, a California corporation				100	%
	SMP Clothing, Inc., a Washington corporation				100	%
	Smiley Hats, Inc., a Nevada corporation				100	%
	Carve, Inc., a Washington corporation				100	%
	Preston Binding Company, a Washington corporation				100	%
K2 Corporation of Canada, a Canadian corporation			100	%
K2 Funding, Inc., a Delaware corporation			100	%
K2 Worldwide Company, a Cayman Island limited company			100	%

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EXHIBIT (21)
SUBSIDIARIES OF K2 INC.