10-Q Filing

ROCKY BRANDS, INC. CIK: 895456 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001144204-13-023789`
Period End Date	20130331
Filing Date	20130425
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	rcky-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 30 Cash Flow Statement 46

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Shares authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Shares authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Shares authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	7.50M	shares	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	7.50M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.87M	USD	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	7.52M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.42M	USD	Point-in-time
Trade receivables net	`AccountsReceivableNetCurrent`	$44.56M	USD	Point-in-time
Trade receivables net	`AccountsReceivableNetCurrent`	$42.33M	USD	Point-in-time
Trade receivables net	`AccountsReceivableNetCurrent`	$38.59M	USD	Point-in-time
Other receivables	`OtherReceivables`	$575.98K	USD	Point-in-time
Other receivables	`OtherReceivables`	$461.30K	USD	Point-in-time
Other receivables	`OtherReceivables`	$783.35K	USD	Point-in-time
Inventories	`InventoryNet`	$68.26M	USD	Point-in-time
Inventories	`InventoryNet`	$67.20M	USD	Point-in-time
Inventories	`InventoryNet`	$64.11M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$947.58K	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.08M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$1.15M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$1.25M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$1.25M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.90M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.13M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.84M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$119.73M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$118.15M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$110.85M	USD	Point-in-time
FIXED ASSETS net	`PropertyPlantAndEquipmentNet`	$24.47M	USD	Point-in-time
FIXED ASSETS net	`PropertyPlantAndEquipmentNet`	$24.25M	USD	Point-in-time
FIXED ASSETS net	`PropertyPlantAndEquipmentNet`	$24.57M	USD	Point-in-time
IDENTIFIED INTANGIBLES	`IntangibleAssetsNetExcludingGoodwill`	$30.50M	USD	Point-in-time
IDENTIFIED INTANGIBLES	`IntangibleAssetsNetExcludingGoodwill`	$30.50M	USD	Point-in-time
IDENTIFIED INTANGIBLES	`IntangibleAssetsNetExcludingGoodwill`	$30.49M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$468.69K	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$328.24K	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$363.53K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$166.39M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$174.84M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$173.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.93M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.64M	USD	Point-in-time
Salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$765.14K	USD	Point-in-time
Salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$771.50K	USD	Point-in-time
Salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$592.57K	USD	Point-in-time
Taxes - other	`TaxesPayableCurrent`	$633.20K	USD	Point-in-time
Taxes - other	`TaxesPayableCurrent`	$704.06K	USD	Point-in-time
Taxes - other	`TaxesPayableCurrent`	$481.85K	USD	Point-in-time
Accrued freight	`OtherAccruedLiabilitiesCurrent`	$699.07K	USD	Point-in-time
Accrued freight	`OtherAccruedLiabilitiesCurrent`	$463.32K	USD	Point-in-time
Accrued freight	`OtherAccruedLiabilitiesCurrent`	$857.99K	USD	Point-in-time
Commissions	`AccruedLiabilitiesForCommissionsExpenseAndTaxes`	$490.33K	USD	Point-in-time
Commissions	`AccruedLiabilitiesForCommissionsExpenseAndTaxes`	$325.06K	USD	Point-in-time
Commissions	`AccruedLiabilitiesForCommissionsExpenseAndTaxes`	$711.46K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$335.21K	USD	Point-in-time
Other	`AccruedLiabilitiesCurrent`	$1.22M	USD	Point-in-time
Other	`AccruedLiabilitiesCurrent`	$1.16M	USD	Point-in-time
Other	`AccruedLiabilitiesCurrent`	$1.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$14.29M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.08M	USD	Point-in-time
LONG TERM DEBT	`LongTermDebtNoncurrent`	$23.46M	USD	Point-in-time
LONG TERM DEBT	`LongTermDebtNoncurrent`	$21.51M	USD	Point-in-time
LONG TERM DEBT	`LongTermDebtNoncurrent`	$20.25M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredTaxLiabilitiesNoncurrent`	$11.15M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredTaxLiabilitiesNoncurrent`	$11.15M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredTaxLiabilitiesNoncurrent`	$10.99M	USD	Point-in-time
DEFERRED LIABILITIES	`DeferredCompensationLiabilityClassifiedNoncurrent`	$488.44K	USD	Point-in-time
DEFERRED LIABILITIES	`DeferredCompensationLiabilityClassifiedNoncurrent`	$303.41K	USD	Point-in-time
DEFERRED LIABILITIES	`DeferredCompensationLiabilityClassifiedNoncurrent`	$255.91K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$46.73M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$48.89M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$49.21M	USD	Point-in-time
25,000,000 shares authorized; issued and outstanding March 31, 2013 - 7,516,448; December 31, 2012 - 7,503,568 and March 31, 2012 - 7,503,568	`CommonStockValue`	$69.86M	USD	Point-in-time
25,000,000 shares authorized; issued and outstanding March 31, 2013 - 7,516,448; December 31, 2012 - 7,503,568 and March 31, 2012 - 7,503,568	`CommonStockValue`	$69.69M	USD	Point-in-time
25,000,000 shares authorized; issued and outstanding March 31, 2013 - 7,516,448; December 31, 2012 - 7,503,568 and March 31, 2012 - 7,503,568	`CommonStockValue`	$69.69M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$47.81M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$56.83M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$55.94M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$117.50M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$126.70M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$125.64M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$174.84M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$173.43M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$166.39M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
NET SALES	`SalesRevenueNet`	$53.72M	USD	1 Quarter
NET SALES	`SalesRevenueNet`	$53.33M	USD	1 Quarter
COST OF GOODS SOLD	`CostOfGoodsSold`	$35.30M	USD	1 Quarter
COST OF GOODS SOLD	`CostOfGoodsSold`	$35.04M	USD	1 Quarter
GROSS MARGIN	`GrossProfit`	$18.67M	USD	1 Quarter
GROSS MARGIN	`GrossProfit`	$18.02M	USD	1 Quarter
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$16.74M	USD	1 Quarter
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$17.16M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$1.28M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$1.51M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$-144.35K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$-129.56K	USD	1 Quarter
Other net	`OtherNonoperatingIncomeExpense`	$-8.99K	USD	1 Quarter
Other net	`OtherNonoperatingIncomeExpense`	$-4.93K	USD	1 Quarter
Total other - net	`OtherNonoperatingExpense`	$153.34K	USD	1 Quarter
Total other - net	`OtherNonoperatingExpense`	$134.49K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.13M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.37M	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$480.00K	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$406.00K	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$892.10K	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$720.69K	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.50M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.52M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.52M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.50M	shares	1 Quarter

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$892.10K	USD	1 Quarter
Net income	`NetIncomeLoss`	$720.69K	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$1.34M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$1.53M	USD	1 Quarter
Gain on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-10.05K	USD	1 Quarter
Gain on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-16.84K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$122.50K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$168.00K	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$6.59M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$2.34M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-1.06M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$905.70K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-63.08K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.85M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$41.60K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$35.51K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.63M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.71M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.98M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-759.73K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.99M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$14.29M	USD	1 Quarter
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.04M	USD	1 Quarter
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.95M	USD	1 Quarter
Investment in trademarks and patents	`PaymentsToAcquireIntangibleAssets`	$4.90K	USD	1 Quarter
Investment in trademarks and patents	`PaymentsToAcquireIntangibleAssets`	$17.78K	USD	1 Quarter
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$13.70K	USD	1 Quarter
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$23.14K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.94M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.03M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromBankDebt`	$9.98M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromBankDebt`	$12.54M	USD	1 Quarter
Repayments of revolving credit facility	`RepaymentsOfLongTermDebt`	$15.74M	USD	1 Quarter
Repayments of revolving credit facility	`RepaymentsOfLongTermDebt`	$23.46M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.49M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.21M	USD	1 Quarter
DECREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.23M	USD	1 Quarter
DECREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.16M	USD	1 Quarter
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$4.02M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.87M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$3.65M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.42M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$4.02M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.87M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$3.65M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.42M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.