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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Jul. 31, 2012
Jul. 31, 2011
Jul. 31, 2012
Jul. 31, 2011
Condensed Consolidated Statements Of Income        
NET SALES $ 44,484,453 $ 35,764,866 $ 138,171,695 $ 98,737,976
COST OF SALES (including $23.4 and $18.5 million of related party costs for the nine months ended July 31, 2012 and 2011, respectively. Including $5.9 and $6.8 million for the three months ended July 31, 2012 and 2011, respectively.) 40,606,840 33,670,406 128,472,249 89,963,400
GROSS PROFIT 3,877,613 2,094,460 9,699,446 8,774,576
OPERATING EXPENSES:        
Selling and administrative 1,717,472 1,604,175 5,149,653 4,749,540
Officers salaries 141,200 149,849 429,458 479,549
TOTALS 1,858,672 1,754,024 5,579,111 5,229,089
INCOME FROM OPERATIONS 2,018,941 340,436 4,120,335 3,545,487
OTHER INCOME (EXPENSE):        
Interest income 9,268 20,297 27,909 131,628
(Loss) income from equity investment 3,627 0 (27,471) 0
Interest expense (46,762) (76,817) (153,294) (195,477)
TOTALS (33,867) (56,520) (152,856) (63,849)
INCOME BEFORE PROVISION FOR INCOME TAXES AND NONCONTROLLING INTEREST IN SUBSIDIARIES 1,985,074 283,916 3,967,479 3,481,638
Provision for income taxes 729,979 106,161 1,460,792 1,064,817
NET INCOME 1,255,095 177,755 2,506,687 2,416,821
Less: net income attributable to the noncontrolling interest (23,899) (9,519) (67,394) (19,556)
NET INCOME ATTRIBUTABLE TO COFFEE HOLDING CO., INC. $ 1,231,196 $ 168,236 $ 2,439,293 $ 2,397,265
Basic earnings per share $ 0.19 $ 0.03 $ 0.38 $ 0.44
Diluted earnings per share $ 0.19 $ 0.03 $ 0.37 $ 0.44
Dividends declared per share $ 0.03 $ 0.03 $ 0.09 $ 0.09
Weighted average common shares outstanding:        
Basic 6,372,309 5,490,823 6,372,309 5,490,823
Diluted 6,639,309 5,500,823 6,639,309 5,500,823