XML 86 R40.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2019

SHARE-BASED COMPENSATION [Abstract]

Achedule of Assumptions

The following table presents the weighted average assumptions used in the option-pricing model at the grant date for options granted during the years ended December 31:






		2019		2018
Assumptions:
Risk-free interest rate		2.84	%	1.94	%
Expected dividend yield		1.81	%	2.22	%
Expected volatility of Rocky's common stock		42.05	%	41.69	%
Expected option term (years)		6.3		6.5
Weighted-average grant date fair value per share	$	8.77	$	6.94



Schedule of Share Based Compensation Expense and Related Tax Benefit

For the years ended December 31, 2019 and 2018, we recognized share-based compensation expense and the corresponding tax benefit as follows:






($ in thousands)		2019		2018
Share-based compensation expense	$	662	$	588
Tax benefit		109		102



Summary of Stock Option Activity

The following summarizes stock option activity for the year ended December 31, 2019:






($ amounts are per share)		Shares		Weighted Average Exercise Price		Weighted Average Remaining Actual Term		Aggregate Intrinsic Value
Options outstanding at January 1, 2019		149,750	$	$15.50
Issued		75,000		26.00
Exercised		(28,550)		15.62
Forfeited or expired		(4,200)		21.23
Options outstanding at December 31, 2019		192,000	$	19.46		6.3	$	-
Expected to vest		136,800	$	20.99		7.1	$	-
Exercisable at December 31, 2019		55,200	$	15.67		4.3	$	-



Summary of Restricted Stock Units and Performance Share Units

The following table summarizes the status of the Company’s restricted stock units and performance share units and activity as of December 31, 2019:






		Restricted Stock Units
($ amounts are per share)		Quantity		Weighted-Average Grant Date Fair Value Per Share
Nonvested at January 1, 2019		6,750	$	11.93
Granted		-		-
Vested		(4,250)		12.28
Forfeited		-		-
Nonvested at December 31, 2019		2,500	$	11.35



X

- References

No definition available.

+ Details

Name:	rcky_Sharebasedcompensationexpenseandrelatedtaxbenefittabletextblock
Namespace Prefix:	rcky_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_EmployeeServiceShareBasedCompensationAggregateDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration