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CONSOLIDATED BALANCE SHEETS (USD $)
Oct. 31, 2012
Oct. 31, 2011
CURRENT ASSETS:    
Cash $ 7,568,583 $ 4,244,335
Accounts receivable, net of allowances of $213,674 and $269,611 for 2012 and 2011, respectively 12,633,128 16,021,581
Inventories 11,303,581 13,475,855
Prepaid green coffee 150,000 388,754
Prepaid expenses and other current assets 704,013 275,679
Prepaid and refundable income taxes 62,763 377,972
Deferred income tax asset 702,655 896,400
TOTAL CURRENT ASSETS 33,124,723 35,680,576
Machinery and equipment, at cost, net of accumulated depreciation of $2,631,468 and $2,191,566 for 2012 and 2011, respectively 1,791,754 1,661,759
Customer list and relationships, net of accumulated amortization of $18,750 and $11,250 for 2012 and 2011, respectively 131,250 138,750
Trademarks 180,000 180,000
Goodwill 440,000 440,000
Equity investments 1,931,931 0
Deposits and other assets 648,094 677,606
TOTAL ASSETS 38,247,752 38,778,691
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 11,769,107 12,379,414
Line of credit 562,500 1,820,109
Due to broker 1,367,389 1,867,558
Income taxes payable 21,122 100
TOTAL CURRENT LIABILITIES 13,720,118 16,067,181
Deferred income tax liabilities 32,655 35,900
Deferred rent payable 166,668 146,921
Deferred compensation payable 528,687 538,707
TOTAL LIABILITIES 14,448,128 16,788,709
STOCKHOLDERS EQUITY:    
Preferred stock, par value $.001 per share; 10,000,000 shares authorized; none issued 0 0
Common stock, par value $.001 per share; 30,000,000 shares authorized, 6,456,316 shares issued; 6,372,309 shares outstanding for 2012 and 2011 6,456 6,456
Additional paid-in capital 15,904,109 15,884,609
Contingent consideration    19,500
Retained earnings 7,979,247 6,268,326
Less: Treasury stock, 84,007 common shares, at cost for 2012 and 2011 (272,133) (272,133)
Total Coffee Holding Co., Inc. Stockholders Equity 23,617,679 21,906,758
Noncontrolling interest 181,945 83,224
TOTAL EQUITY 23,799,624 21,989,982
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY $ 38,247,752 $ 38,778,691