ROCKY BRANDS, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $4.5m $3.7m $10.2m $15.5m $28.4m $5.9m $5.7m $4.5m $3.7m $2.9m
Inventory, Net $69.2m $65.6m $72.8m $76.7m $77.6m $232.5m $235.4m $169.2m $166.7m $181.1m
Assets, Current $120.4m $119.2m $131.2m $146.1m $163.2m $375.3m $341.0m $258.2m $246.4m $270.7m
Property, Plant and Equipment, Net $26.5m $23.8m $23.1m $27.4m $33.8m $60.0m $57.4m $52.0m $49.7m $49.9m
Goodwill $0 $50.6m $50.2m $47.8m $47.8m $47.8m
Intangible Assets, Net (Excluding Goodwill) $33.4m $30.3m $30.3m $30.2m $30.2m $126.3m $121.8m $112.6m $105.8m $103.0m
Operating Lease, Right-of-Use Asset $1.7m $1.6m $11.4m $11.0m $7.8m $6.0m $4.2m
Other Assets, Noncurrent $233k $198k $148k $294k $374k $917k $942k $965k $1.5m $1.8m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $40.8m $45.0m $43.3m $45.6m $48.0m $126.8m $95.0m $77.0m $72.0m $77.1m
Accrued Liabilities, Current $1.4m $1.3m $1.4m $1.7m
Assets $180.6m $173.5m $184.7m $205.8m $229.1m $624.6m $582.4m $479.4m $457.3m $477.5m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $586k $2.8m $2.7m
Accounts Payable, Current $11.6m $13.0m $13.5m $15.8m $20.1m $114.6m $69.7m $49.8m $58.1m $53.0m
Operating Lease, Liability, Noncurrent $1.2m $944k $8.8m $8.2m $5.5m $3.5m $1.7m
Long-term Debt, Current Maturities $0 $3.2m $3.2m $2.6m $8.4m $8.4m
Long-term Debt, Excluding Current Maturities $14.6m $2.2m $0 $266.8m $253.6m $170.5m $120.4m $114.3m
Liabilities, Current $17.7m $20.0m $25.0m $31.5m $40.0m $140.1m $96.3m $71.5m $90.4m $96.1m
Deferred Income Tax Liabilities, Net $8.3m $10.3m $8.0m $7.5m $10.0m $12.4m
Other Liabilities, Noncurrent $176k $148k $121k $201k $219k $519k $586k $716k $712k $879k
Deferred Tax Liabilities, Net ($11.4m) $7.7m $7.8m $8.1m $8.3m $10.3m $8.0m $7.5m $10.0m $12.4m
Liabilities $45.5m $32.4m $33.1m $41.2m $49.6m $426.7m $366.9m $255.8m $225.1m $225.4m
Stockholders’ equity:
Common Stock, Value, Issued $69.3m $69.0m $68.4m $68.0m $66.0m $68.1m $69.8m $72.0m $73.9m $0
Additional Paid in Capital $73.9m $76.1m
Retained Earnings (Accumulated Deficit) $65.8m $72.1m $83.2m $96.7m $113.5m $129.8m $145.7m $151.6m $158.4m $176.0m
Stockholders' Equity Attributable to Parent $135.1m $141.1m $151.6m $164.7m $179.5m $197.9m $215.5m $223.6m $232.2m $252.1m
Liabilities and Equity $180.6m $173.5m $184.7m $205.8m $229.1m $624.6m $582.4m $479.4m $457.3m $477.5m