EXHIBIT 99.2

ROCKY SHOES & BOOTS, INC. AND SUBSIDIARIES

                                   SCHEDULE II

CONSOLIDATED VALUATION AND QUALIFYING ACCOUNTS FOR THE YEARS DECEMBER 31, 2004,
2003 AND 2002

<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, 2004        $    620,000     $   76,189     $   18,811  (1)    $  715,000

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
</TABLE>

(1) Amount charged off, net of recoveries