XML 24 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Jan. 31, 2015
Jan. 31, 2014
OPERATING ACTIVITIES:    
Net income $ 88,489us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $ 1,405,601us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 145,673us-gaap_DepreciationDepletionAndAmortization 148,248us-gaap_DepreciationDepletionAndAmortization
Unrealized loss (gain) on commodities 1,361,809us-gaap_UnrealizedGainLossOnCommodityContracts (1,179,594)us-gaap_UnrealizedGainLossOnCommodityContracts
(Gain) loss on equity method investments (715)JVA_LossOnEquityMethodInvestments 182JVA_LossOnEquityMethodInvestments
Deferred rent 3,104us-gaap_RecognitionOfDeferredRevenue 4,877us-gaap_RecognitionOfDeferredRevenue
Deferred income taxes (490,500)us-gaap_DeferredIncomeTaxExpenseBenefit 414,100us-gaap_DeferredIncomeTaxExpenseBenefit
Changes in operating assets and liabilities:    
Accounts receivable (5,875,323)us-gaap_IncreaseDecreaseInAccountsReceivable 2,325,651us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories 1,647,264us-gaap_IncreaseDecreaseInInventories 406,461us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other current assets (8,558)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 102,965us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Prepaid green coffee 248,704us-gaap_IncreaseDecreaseInOtherOperatingAssets (181,670)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Prepaid and refundable income taxes (135,187)us-gaap_IncreaseDecreaseInIncomeTaxesReceivable 407,704us-gaap_IncreaseDecreaseInIncomeTaxesReceivable
Accounts payable and accrued expenses (272,203)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (2,004,402)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Income taxes payable 143,258us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 200us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Net cash (used in) provided by operating activities (3,144,185)us-gaap_NetCashProvidedByUsedInOperatingActivities 1,850,323us-gaap_NetCashProvidedByUsedInOperatingActivities
INVESTING ACTIVITIES:    
Purchases of machinery and equipment (38,473)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (123,874)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash used in investing activities (38,473)us-gaap_NetCashProvidedByUsedInInvestingActivities (123,874)us-gaap_NetCashProvidedByUsedInInvestingActivities
FINANCING ACTIVITIES:    
Advances under bank line of credit 5,000,000us-gaap_ProceedsFromLinesOfCredit 40,202us-gaap_ProceedsFromLinesOfCredit
Principal payments under bank line of credit (2,000,000)us-gaap_RepaymentsOfLinesOfCredit (1,269,384)us-gaap_RepaymentsOfLinesOfCredit
Payment of dividend (80,000)us-gaap_PaymentsOfDividends 0us-gaap_PaymentsOfDividends
Net cash provided by financing activities 2,920,000us-gaap_NetCashProvidedByUsedInFinancingActivities (1,229,182)us-gaap_NetCashProvidedByUsedInFinancingActivities
NET (DECREASE) INCREASE IN CASH (262,658)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 497,267us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
CASH, BEGINNING OF PERIOD 3,782,639us-gaap_CashAndCashEquivalentsAtCarryingValue 4,035,669us-gaap_CashAndCashEquivalentsAtCarryingValue
CASH, END OF PERIOD 3,519,981us-gaap_CashAndCashEquivalentsAtCarryingValue 4,532,936us-gaap_CashAndCashEquivalentsAtCarryingValue
SUPPLEMENTAL DISCLOSURE OF CASH FLOW DATA:    
Interest paid 46,479us-gaap_InterestPaid 21,225us-gaap_InterestPaid
Income taxes paid $ 453,205us-gaap_IncomeTaxesPaid $ 5,089us-gaap_IncomeTaxesPaid