ROCKY BRANDS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 2,238,862	$ 4,480,505	$ 3,942,209
Trade receivables – net	45,106,205	40,844,583	51,292,323
Other receivables	800,322	688,251	579,976
Inventories – net	76,885,153	69,168,442	79,922,305
Income tax receivable		1,243,678	1,190,702
Prepaid expenses	2,431,996	2,354,107	2,644,102
Total current assets	127,462,538	118,779,566	139,571,617
FIXED ASSETS – net	24,742,833	26,511,493	27,450,150
IDENTIFIED INTANGIBLES	33,319,334	33,415,694	36,448,490
OTHER ASSETS	225,310	232,509	238,251
TOTAL ASSETS	185,750,015	178,939,262	203,708,508
CURRENT LIABILITIES:
Accounts payable	16,861,274	11,589,040	15,042,805
Accrued expenses:
Salaries and wages	2,298,042	949,894	2,670,000
Taxes - other	502,252	842,325	678,280
Accrued freight	483,859	534,070	542,491
Commissions	401,261	446,703	446,906
Accrued duty	2,534,286	1,980,598	2,522,086
Income tax payable	1,275,893
Other	1,601,591	1,377,281	1,744,848
Total current liabilities	25,958,458	17,719,911	23,647,416
LONG TERM DEBT	11,630,000	14,584,008	30,972,398
DEFERRED INCOME TAXES	10,464,435	11,365,800	12,120,693
DEFERRED LIABILITIES	181,737	176,219	208,387
TOTAL LIABILITIES	48,234,630	43,845,938	66,948,894
SHAREHOLDERS' EQUITY:
Common stock, no par value; 25,000,000 shares authorized; issued and outstanding September 30, 2017 - 7,403,195 and December 31, 2016 - 7,421,455 and September 30, 2016 - 7,447,331	68,979,376	69,291,637	69,507,320
Retained earnings	68,536,009	65,801,687	67,252,294
Total shareholders' equity	137,515,385	135,093,324	136,759,614
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 185,750,015	$ 178,939,262	$ 203,708,508