Note 15 - Share-based Compensation (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

	2022			2021
Assumptions:
Risk-free interest rate		0.82	%		0.32	%
Expected dividend yield		2.15	%		1.18	%
Expected volatility of Rocky's common stock		54.70	%		51.87	%
Expected option term (years)		5.1			5.6
Weighted-average grant date fair value per share	$	12.85		$	12.16

Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award [Table Text Block]

($ in thousands)	2023		2022		2021
Share-based compensation expense	$	1,244	$	1,230	$	1,265
Tax benefit		302		221		192

Share-Based Payment Arrangement, Option, Activity [Table Text Block]

						Weighted
				Weighted		Average
				Average		Remaining		Aggregate
($ amounts are per share)	Shares			Exercise Price		Actual Term		Intrinsic Value
Options outstanding at January 1, 2023		341,436		$	28.87
Issued		-			-
Exercised		(38,400	)		25.44
Forfeited or expired		(37,950	)		32.05
Options outstanding at December 31, 2023		265,086		$	38.92		4.3	$	909,038
Expected to vest		61,550		$	32.79		7.1	$	74,333
Exercisable at December 31, 2023		203,536		$	27.75		3.5	$	834,705

Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]

	Restricted Stock Units
				Weighted-Average Grant Date
($ amounts are per share)	Quantity			Fair Value Per Share
Nonvested at January 1, 2023		1,954		$	12.79
Granted		40,812			23.89
Vested		(651	)		12.79
Forfeited		(9,703	)		23.70
Nonvested at December 31, 2023		32,412		$	23.49