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Consolidated Statements of Income (USD $)
12 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Consolidated Statements Of Income    
NET SALES $ 146,755,165 $ 83,491,967
COST OF SALES (which include purchases of approximately $25.3 million and $19.3 million in fiscal years 2011 and 2010, respectively, from a related party) 138,210,277 72,931,626
GROSS PROFIT 8,544,888 10,560,341
OPERATING EXPENSES:    
Selling and administrative 6,715,753 5,809,397
Officers' salaries 629,399 735,200
TOTAL 7,345,152 6,544,597
INCOME FROM OPERATIONS 1,199,736 4,015,744
OTHER INCOME (EXPENSE):    
Interest income 150,442 94,355
Other income and gains 14,848 0
Interest expense (289,521) (237,348)
TOTALS (124,231) (142,993)
INCOME BEFORE PROVISION FOR INCOME TAXES AND NONCONTROLLING INTEREST IN SUBSIDIARIES 1,075,505 3,872,751
Provision for income taxes 229,522 1,479,489
NET INCOME BEFORE NONCONTROLLING INTEREST IN SUBSIDIARY 845,983 2,393,262
Less: Net loss (income) attributable to the noncontrolling interest in subsidiary (34,053) (3,901)
NET INCOME ATTRIBUTABLE TO COFFEE HOLDING CO., INC. $ 811,930 $ 2,389,361
Basic earnings per share $ 0.15 $ 0.44
Diluted earnings per share $ 0.14 $ 0.44
Dividends declared per share $ 0.12 $ 0.06
Weighted average common shares outstanding:    
Basic 5,563,802 5,463,837
Diluted 5,835,802 5,468,439