Exhibit 99

 

ROCKY BRANDS, INC. AND SUBSIDIARIES

 

SCHEDULE II

 

CONSOLIDATED VALUATION AND QUALIFYING ACCOUNTS FOR THE YEARS ENDED

DECEMBER 31, 2011, 2010 AND 2009

 

DESCRIPTION  Balance at
Beginning of
Period		   Additions
Charged to
Costs and
Expenses		   Deductions   Balance at
End of Period		 
                 
ALLOWANCE FOR DOUBTFUL ACCOUNTS                     
Year ended December 31, 2011  $868,000   $437,708   $(749,708)(1)  $556,000 
Year ended December 31, 2010  $1,178,220   $730,197   $(1,040,417)(1)  $868,000 
Year ended December 31, 2009  $2,026,000   $1,729,688   $(2,577,468)(1)  $1,178,220 
                     
VALUATION ALLOWANCE FOR DEFERRRED TAX ASSETS                     
Year ended December 31, 2011  $530,343   $-   $(23,132)  $507,211 
Year ended December 31, 2010  $582,343   $-   $(52,000)  $530,343 
Year ended December 31, 2009  $640,068   $-   $(57,725)  $582,343 
                     
ALLOWANCE FOR DISCOUNTS AND RETURNS                     
                     
Year ended December 31, 2011  $2,474,974   $16,943,679   $(16,992,842)  $2,425,811 
Year ended December 31, 2010  $1,152,187   $16,024,392   $(14,701,605)  $2,474,974 
Year ended December 31, 2009  $1,606,882   $14,087,641   $(14,542,336)  $1,152,187 

 

(1) Amount charged off, net of recoveries