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	%
K2 (Hong Kong) Ltd., a Hong Kong corporation	100	%
Shakespeare Company, LLC a Delaware limited liability company	100	%
Subsidiaries of Shakespeare Company, LLC:
Shakespeare (Hong Kong) Ltd., a Hong Kong corporation			100	%
Pacific Rim Metallic Products Ltd., a Hong Kong corporation			100	%
Shakespeare Industries, Inc., a Delaware 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	%
Shakespeare Monofilament U.K. Ltd., a British corporation	*	%	99	%
Shakespeare International Ltd., a British corporation	*	%	99	%
Subsidiaries of Shakespeare International Ltd.:
Shakespeare Company (UK) Ltd., a British corporation			100	%
Shakespeare Monofilament U.K. Ltd., a British corporation			*	%
K2 Worldwide Company, a Cayman Island corporation	100	%
K2 Bike, Inc., a Delaware 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	%
Katin, Inc., a Delaware corporation			100	%
Morrow Snowboards, a Delaware 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	%
K2 Corporation of Canada, a Canadian 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 Funding, Inc., a Delaware corporation	100	%
K2 Finance Company, LLC, a Delaware limited liability company			100	%
K2 Receivables Corporation, a Delaware corporation	100	%
Hilton Corporate Casuals, LLC a Delaware limited liability company	100	%
Rawlings Sporting Goods Company, a Delaware corporation	100	%
Subsidiaries of Rawlings Sporting Goods Company:
Rawlings Canada, a Canadian corporation			100	%
Rawlings Costa Rica, a Costa Rican corporation			100	%

Worth, LLC, a Delaware limited liability company

	Percentage of Voting Securities Owned or Subject to Voting Control By
	Company		Other
Subsidiaries of Worth, LLC:	100	%
Worth Bat Company, Inc., a Tennessee corporation			100	%
Worth Accessories, Inc., a Tennessee corporation			100	%
J. de Beer & Son, Inc., a Tennessee corporation			100	%
K2 Eyewear, LLC, a Delaware limited liability company	100	%
K2 Snowshoes, Inc., a Delaware corporation	100	%
K2 Licensing & Promotions, Inc. a Delaware corporation	100	%
K2 Merchandising, Inc. a Delaware corporation	100	%
Brass Eagle, LLC, a Delaware limited liability company	100	%
Subsidiaries of Brass Eagle, LLC
Brass Eagle Mississippi, LLC, a Delaware limited liability company			100	%
JT USA LLC, a Delaware limited liability company			100	%
Subsidiary of JT USA LLC
JT Protective Gear LLC, a Delaware limited liability company			100	%
Brass Eagle Challenge Park Inc., a Delaware corporation			100	%
Subsidiary of Brass Eagle Challenge Park Inc.
Challenge Park Xtreme LLC, an Arkansas limited liability company			87	%
Subsidiary of Challenge Park Xtreme LLC
Challenge Park Entertainment Services LLC, a Delaware limited liability company			100	%

* Less than 1%.