EXHIBIT 99.2

ROCKY SHOES & BOOTS, INC. AND SUBSIDIARIES

                                   SCHEDULE II

CONSOLIDATED VALUATION AND QUALIFYING ACCOUNTS FOR THE YEARS DECEMBER 31, 2003,
2002 AND 2001

<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, 2003           $ 365,000     $ 456,140     $(201,140)  (1)     $   620,000

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
</TABLE>

(1) Amount charged off, net of recoveries