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CONSOLIDATED STATEMENTS OF INCOME (USD $)
3 Months Ended 6 Months Ended
Apr. 30, 2014
Apr. 30, 2013
Apr. 30, 2014
Apr. 30, 2013
Consolidated Statements Of Income        
NET SALES $ 25,398,751 $ 36,686,047 $ 52,745,098 $ 68,004,850
COST OF SALES (including $9.1 and $18.4 million of related party costs for the six months ended April 30, 2014 and 2013, respectively. Including $4.1 and $8.7 million for the three months ended April 30, 2014 and 2013, respectively.) 21,439,484 35,301,868 44,667,209 62,936,854
GROSS PROFIT 3,959,267 1,384,179 8,077,889 5,067,996
OPERATING EXPENSES:        
Selling and administrative 1,723,641 1,753,155 3,434,249 3,519,614
Officers' salaries 141,100 141,100 300,200 271,037
TOTALS 1,864,741 1,894,255 3,734,449 3,790,651
INCOME (LOSS) FROM OPERATIONS 2,094,526 (510,076) 4,343,440 1,277,345
OTHER INCOME (EXPENSE):        
Interest income 15,913 10,226 16,796 17,805
Gain (Loss) from equity method investment 93 (609) (89) (105,046)
Interest expense (7,981) (22,379) (26,069) (60,779)
TOTAL 8,025 (12,762) (9,362) (148,020)
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES AND NON-CONTROLLING INTEREST IN SUBSIDIARY 2,102,551 (522,838) 4,334,078 1,129,325
Provision (benefit) for income taxes 838,028 (127,974) 1,663,953 507,510
NET INCOME (LOSS) BEFORE NON-CONTROLLING INTEREST IN SUBSIDIARY 1,264,523 (394,864) 2,670,125 621,815
Less: Net (income) attributable to the non-controlling interest (3,303) (648) (37,165) (79,790)
NET INCOME (LOSS) ATTRIBUTABLE TO COFFEE HOLDING CO., INC. $ 1,261,220 $ (395,512) $ 2,632,960 $ 542,025
Basic earnings (loss) per share $ 0.20 $ (0.06) $ 0.41 $ 0.09
Diluted earnings (loss) per share $ 0.19 $ (0.06) $ 0.40 $ 0.08
Dividends declared per share $ 0 $ 0 $ 0 $ 0.06
Weighted average common shares outstanding:        
Basic 6,372,309 6,372,309 6,372,309 6,372,309
Diluted 6,639,309 6,372,309 6,639,309 6,639,309