ROCKY BRANDS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014
CURRENT ASSETS:
Cash and cash equivalents	$ 3,978,553	$ 4,616,694	$ 4,327,710
Trade receivables – net	62,389,224	55,807,103	61,650,439
Other receivables	509,026	476,480	503,371
Inventories	87,996,325	85,237,042	90,115,460
Income tax receivable	215,736
Deferred income taxes	1,291,287	1,291,907	1,137,429
Prepaid expenses	2,969,005	2,553,442	2,577,125
Total current assets	159,349,156	149,982,668	160,311,534
FIXED ASSETS – net	26,808,704	26,264,641	27,266,880
IDENTIFIED INTANGIBLES	36,581,475	36,681,644	36,707,473
OTHER ASSETS	261,766	299,490	267,041
TOTAL ASSETS	223,001,101	213,228,443	224,552,928
CURRENT LIABILITIES:
Accounts payable	15,623,738	15,116,131	18,829,425
Accrued expenses:
Salaries and wages	1,614,437	1,773,061	1,572,232
Taxes - other	389,712	532,470	443,172
Accrued freight	661,484	683,482	495,319
Commissions	557,750	681,185	592,185
Accrued duty	2,756,236	2,693,223	2,674,224
Income taxes payable		2,687,535	882,770
Other	1,574,000	1,042,653	1,119,849
Total current liabilities	23,177,357	25,209,740	26,609,176
LONG TERM DEBT	45,030,998	36,270,373	50,687,596
DEFERRED INCOME TAXES	12,998,424	12,928,048	12,448,842
DEFERRED LIABILITIES	343,791	472,364	255,906
TOTAL LIABILITIES	81,550,570	74,880,525	90,001,520
Common stock, no par value;
25,000,000 shares authorized; issued and outstanding September 30, 2015 - 7,564,313; December 31, 2014 - 7,550,126 and September 30, 2014 - 7,546,654	70,762,851	70,460,672	70,380,692
Retained earnings	70,687,680	67,887,246	64,170,716
Total shareholders' equity	141,450,531	138,347,918	134,551,408
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 223,001,101	$ 213,228,443	$ 224,552,928