ROCKY BRANDS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 2,665,148	$ 4,480,505	$ 2,470,576
Trade receivables – net	39,952,038	40,844,583	42,188,601
Other receivables	687,851	688,251	587,779
Inventories – net	76,314,721	69,168,442	87,555,956
Income tax receivable		1,243,678	2,179,525
Prepaid expenses	2,085,839	2,354,107	2,886,973
Total current assets	121,705,597	118,779,566	137,869,410
FIXED ASSETS – net	25,610,927	26,511,493	27,896,273
IDENTIFIED INTANGIBLES	33,351,030	33,415,694	36,481,414
OTHER ASSETS	227,720	232,509	245,934
TOTAL ASSETS	180,895,274	178,939,262	202,493,031
CURRENT LIABILITIES:
Accounts payable	17,475,226	11,589,040	21,892,208
Accrued expenses:
Salaries and wages	1,737,799	949,894	1,486,161
Taxes - other	543,453	842,325	622,414
Accrued freight	508,234	534,070	517,887
Commissions	386,020	446,703	420,631
Accrued duty	2,562,432	1,980,598	2,606,976
Income tax payable	617,249
Other	1,229,769	1,377,281	1,726,498
Total current liabilities	25,060,182	17,719,911	29,272,775
LONG TERM DEBT	8,618,697	14,584,008	23,503,226
DEFERRED INCOME TAXES	10,464,435	11,365,800	11,968,791
DEFERRED LIABILITIES	181,737	176,219	227,345
TOTAL LIABILITIES	44,325,051	43,845,938	64,972,137
SHAREHOLDERS' EQUITY:
Common stock, no par value; 25,000,000 shares authorized; issued and outstanding June 30, 2017 - 7,441,851 and December 31, 2016 - 7,421,455 and June 30, 2016 - 7,481,022	69,449,917	69,291,637	69,890,665
Retained earnings	67,120,306	65,801,687	67,630,229
Total shareholders' equity	136,570,223	135,093,324	137,520,894
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 180,895,274	$ 178,939,262	$ 202,493,031