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CONSOLIDATED BALANCE SHEETS (USD $)
Jul. 31, 2014
Oct. 31, 2013
CURRENT ASSETS:    
Cash $ 3,389,412 $ 4,035,669
Accounts receivable, net of allowances of $144,000 for 2014 and 2013 13,364,483 12,362,792
Inventories 12,961,287 9,373,018
Prepaid green coffee 524,334 439,290
Prepaid expenses and other current assets 685,813 336,494
Prepaid and refundable income taxes 798,517 1,000,317
Deferred income tax asset 19,364 1,330,666
TOTAL CURRENT ASSETS 31,743,210 28,878,246
Machinery and equipment, at cost, net of accumulated depreciation of $3,560,119 and $3,130,902 for 2014 and 2013, respectively 2,028,545 2,060,350
Customer list and relationships, net of accumulated amortization of $31,875 and $26,250 for 2014 and 2013, respectively 118,125 123,750
Trademarks 180,000 180,000
Goodwill 440,000 440,000
Equity method investments 97,331 98,178
Deposits and other assets 618,536 618,498
TOTAL ASSETS 35,225,747 32,399,022
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 5,988,156 7,244,822
Line of credit 3,500,000 1,229,182
Due to broker 44,374 984,040
Income taxes payable 700 0
TOTAL CURRENT LIABILITIES 9,533,230 9,458,044
Deferred income tax liabilities 145,364 145,666
Deferred rent payable 206,536 195,452
Deferred compensation payable 515,536 515,498
TOTAL LIABILITIES 10,400,666 10,314,660
STOCKHOLDERS EQUITY:    
Preferred stock, par value $.001 per share; 10,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, par value $.001 per share; 30,000,000 shares authorized, 6,456,316 shares issued; 6,272,494 and 6,372,309 6,456 6,456
Additional paid-in capital 15,904,109 15,904,109
Retained earnings 9,503,540 6,111,633
Less: Treasury stock, 183,822 and 84,007 common shares, at cost for 2014 and 2013 (932,911) (272,133)
Total Coffee Holding Co., Inc. Stockholders Equity 24,481,194 21,750,065
Noncontrolling interest 343,887 334,297
TOTAL EQUITY 24,825,081 22,084,362
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY $ 35,225,747 $ 32,399,022