EXHIBIT 99.2
ROCKY SHOES & BOOTS, INC. AND SUBSIDIARIES

                                   SCHEDULE II

CONSOLIDATED VALUATION AND QUALIFYING ACCOUNTS FOR THE YEARS DECEMBER 31, 2002,
2001 AND 2000


<TABLE>
<CAPTION>

                                                      Additions
                                        Balance at    Charged To
                                       Beginning of   Costs and                         Balance at
         DESCRIPTION                      Period       Expenses     Deductions        End of Period
<S>                                    <C>           <C>           <C>                <C>
ALLOWANCE FOR DOUBTFUL
ACCOUNTS
Year ended December 31, 2002           $ 345,000     $ 243,680     $(223,680)  (1)     $   365,000

Year ended December 31, 2001           $ 503,429     $ 224,253     $(382,682)  (1)     $   345,000

Year ended December 31, 2000           $ 714,517     $ 727,716     $(938,804)  (1)     $   503,429

RESERVE FOR OBSOLETE
INVENTORY
Year ended December 31, 2002           $ 161,000     $ 172,000     $(161,000)  (2)     $   172,000

Year ended December 31, 2001           $ 340,553     $ 161,000     $(340,553)  (2)     $   161,000

Year ended December 31, 2000           $ 445,000     $ 340,553     $(445,000)  (2)     $   340,553
</TABLE>

(1) Amount charged off, net of recoveries
(2) Represents adjustment upon disposal of related inventories


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