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 All Star Acquisition LLC, a Delaware limited liability company			100	%
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 Europe BV, 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	%
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:
Earth Products, 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	%
Subsidiaries of Stearns Inc:
SATV, LLC, a Delaware limited liability company			100	%
Sospenders LLC, a Delaware limited liability company			100	%
Ride, Inc., a Washington corporation	100	%
Subsidiaries of Ride, Inc.:
K2 Corporation of Canada, a Canadian corporation			100	%
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 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	%

	Percentage of Voting Securities Owned or Subject to Voting Control By
	Company		Other
Rawlings Sporting Goods Company, a Delaware corporation	100	%
Subsidiaries of Rawlings Sporting Goods Company:
Rawlings Canada Inc., a Canadian corporation			100	%
Rawlings de Costa Rica, S.A., a Costa Rican corporation			100	%
Miken Sports, LLC a Delaware limited liability company			100	%
Worth, LLC, a Delaware limited liability company
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:
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	%
WGP, LLC, a Delaware limited liability company	100	%
Ex Officio LLC, a Delaware limited liability company	100	%
Subsidiary of Ex Officio LLC:
Ex Officio Internet Company, LLC, a Delaware limited liability company	100	%
Marmot Mountain, LLC, a Delaware limited liability company	100	%
Subsidiaries of Marmot Mountain, LLC:
Marmot Mountain Canada Ltd., a Canadian company			100	%
Marmot Mountain Europe GmbH, a German company			100	%
Marmot Mountain Overseas Ltd., a Hong Kong company			100	%
Sports Recreation Company Ltd., a Nevada corporation			100	%
Cavoma Ltd., a Cayman Island corporation	100	%
Subsidiary of Cavoma Ltd.:
Cavoma LP, a Cayman Island limited partnership			100	%
Subsidiaries of Cavoma LP:
Clarance S.a.r.l., a Luxembourg corporation			100	%
Marker Völkl Sports Holding GmbH, a Swiss stock corporation			100	%
Subsidiaries of Marker Völkl Sports Holding GmbH:
Marker—  Völkl—  Austria GmbH, an Austrian company			100	%
Rad Air AG Switzerland, a Swiss stock corporation			100	%
Völkl (International) GmbH, a Swiss company			100	%
Subsidiary of Völkl (International) GmbH:
Völkl Purchase & Service GmbH, a German company			100	%

	Percentage of Voting Securities Owned or Subject to Voting Control By
	Company		Other
Zero Degree, a Swiss stock corporation			100	%
Völkl GmbH, a German company			100	%
Völkl Sports GmbH & Co. KG, a German company			100	%
Subsidiaries of Völkl Sports GmbH & Co. KG:
Völkl Vertriebs GmbH, a German company			100	%
BIL Grundstucksverwaltungs-GmbH & Co. WEDA KG, a German company			100	%
Marker International GmbH Switzerland, a Swiss company			100	%
Subsidiaries of Marker International GmbH:
Marker Japan, a Japanese corporation			100	%
Marker Deutschland GmbH, a German company			100	%
Subsidiary of Marker Deutschland GmbH:
Marker CZ s.r.o., a Czech company			**95	%
Völkl Sport America Corp., a New Hampshire corporation	100	%
Marker USA, Inc., a Utah corporation	100	%

* Less than 1%.

** Only 1/3 voting rights