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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
3 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Condensed Consolidated Statements Of Income    
NET SALES $ 56,601,684 $ 25,641,093
COST OF SALES (which includes purchases of approximately $10.5 million and $4.8 million for the three months ended January 31, 2012 and 2011, respectively from a related party) 52,151,940 22,560,399
GROSS PROFIT 4,449,744 3,080,694
OPERATING EXPENSES:    
Selling and administrative 1,682,334 1,506,246
Officers' salaries 147,158 179,850
TOTAL 1,829,492 1,686,096
INCOME FROM OPERATIONS 2,620,252 1,394,598
OTHER INCOME (EXPENSE):    
Interest income 13,884 160,586
Loss from equity investment (20,137) 0
Interest expense (65,730) (112,636)
TOTALS (71,983) 47,950
INCOME BEFORE PROVISION FOR INCOME TAXES AND NONCONTROLLING INTEREST IN SUBSIDIARY 2,548,269 1,442,548
Provision for income taxes 962,900 391,417
NET INCOME BEFORE NONCONTROLLING INTEREST IN SUBSIDIARY 1,585,369 1,051,131
Less: Net income attributable to the noncontrolling interest in subsidiary (7,024) (10,059)
NET INCOME ATTRIBUTABLE TO COFFEE HOLDING CO., INC. $ 1,578,345 $ 1,041,072
Basic earnings per share $ 0.25 $ 0.19
Diluted earnings per share $ 0.24 $ 0.19
Dividends declared per share $ 0.03 $ 0.03
Weighted average common shares outstanding:    
Basic 6,372,309 5,490,823
Diluted 6,644,309 5,500,823