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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Jul. 31, 2013
Jul. 31, 2012
Jul. 31, 2013
Jul. 31, 2012
Consolidated Statements Of Income        
NET SALES $ 32,370,692 $ 44,484,453 $ 100,375,542 $ 138,171,695
COST OF SALES (including $24.7 and $23.4 million of related party costs for the nine months ended July 31, 2013 and 2012, respectively. Including $6.3 and $5.9 million for the three months ended July 31, 2013 and 2012, respectively.) 33,526,657 40,606,840 96,463,019 128,472,249
GROSS PROFIT (LOSS) (1,155,965) 3,877,613 3,912,523 9,699,446
OPERATING EXPENSES:        
Selling and administrative 1,713,051 1,717,472 5,233,157 5,149,653
Officers’ salaries 169,954 141,200 440,992 429,458
TOTALS 1,883,005 1,858,672 5,674,149 5,579,111
(LOSS) INCOME FROM OPERATIONS (3,038,970) 2,018,941 (1,761,626) 4,120,335
OTHER INCOME (EXPENSE):        
Interest income 12,370 9,268 30,176 27,909
(Loss) income from equity investment (158) 3,627 (105,204) (27,471)
Interest expense (10,542) (46,762) (71,320) (153,294)
TOTAL 1,670 (33,867) (146,348) (152,856)
(LOSS) INCOME BEFORE INCOME TAXES AND NON-CONTROLLING INTEREST IN SUBSIDIARIES (3,037,300) 1,985,074 (1,907,974) 3,967,479
(Benefit) provision for income taxes (997,618) 729,979 (490,108) 1,460,792
Net (Loss) Income Before Non-Controlling Interest in Subsidiary (2,039,682) 1,255,095 (1,417,866) 2,506,687
Less: net income attributable to the non-controlling interest (69,229) (23,899) (149,020) (67,394)
NET (LOSS) INCOME ATTRIBUTABLE TO COFFEE HOLDING CO., INC. $ (2,108,911) $ 1,231,196 $ (1,566,886) $ 2,439,293
Basic earnings per share $ (0.33) $ 0.19 $ (0.25) $ 0.38
Diluted earnings per share $ (0.33) $ 0.19 $ (0.25) $ 0.37
Dividends declared per share $ 0 $ 0.03 $ 0.06 $ 0.09
Weighted average common shares outstanding:        
Basic 6,372,309 6,372,309 6,372,309 6,372,309
Diluted 6,372,309 6,639,309 6,672,309 6,639,309