ROCKY BRANDS, INC.

RCKY ·Consumer Cyclical, Footwear & Accessories, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $253.2M $260.3M $269.3M $286.2M $244.9M $228.5M $240.0M $252.8M
Cost of Revenue $172.4M $183.5M $180.4M $189.9M $161.3M $148.0M $151.7M $163.4M
Gross Profit $80.8M $76.7M $88.9M $96.4M $83.5M $80.5M $88.3M $89.4M
Gross Margin 31.9% 29.5% 33.0% 33.7% 34.1% 35.2% 36.8% 35.4%
Operating Expenses
Research & Development
SG&A Expense $68.9M $75.6M $78.4M $80.6M $71.4M $66.7M $69.9M $72.3M
Operating Income $11.8M $-3.1M $10.5M $15.8M $11.0M $13.8M $13.2M $17.1M
Operating Margin 4.7% -1.2% 3.9% 5.5% 4.5% 6.0% 5.5% 6.8%
Interest Expense $389.6K $616.6K $696.8K $943.2K $688.5K $650.9K $979.5K $6.5M
Pretax Income $9.4M $-3.6M $9.7M $14.7M $10.8M $13.1M $12.0M $11.3M
Income Tax Expense $-225.0K $-1.5M $3.1M $4.9M $3.4M $4.2M $3.7M $3.6M
Net Income $9.6M $-2.1M $6.6M $9.8M $7.4M $8.9M $8.3M $7.7M
Net Margin 3.8% -0.8% 2.5% 3.4% 3.0% 3.9% 3.5% 3.0%
EPS (Basic) $1.29 $-0.29 $0.87 $1.30 $0.98 $1.18 $1.11 $1.14
EPS (Diluted) $1.29 $-0.29 $0.87 $1.30 $0.98 $1.18 $1.11 $1.14
Shares Outstanding (Basic) 7.4M 7.5M 7.6M 7.5M 7.5M 7.5M 7.5M 6.7M
Shares Outstanding (Diluted) 7.5M 7.5M 7.6M 7.5M 7.5M 7.5M 7.5M 6.8M
Dividends Per Share $0.11
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