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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended 9 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Jul. 31, 2015
Jul. 31, 2014
Consolidated Statements Of Income        
NET SALES $ 27,039,857 $ 26,628,571 $ 95,708,890 $ 79,373,667
COST OF SALES (Including $17.9 and $13.2 million of related party costs for the nine months ended July 31, 2015 and 2014, respectively. Including $3.0 and $4.1 million for the three months ended July 31, 2015 and 2014, respectively.) 24,991,366 23,574,095 92,816,224 68,239,903
GROSS PROFIT (LOSS) 2,048,491 3,054,476 2,892,666 11,133,764
OPERATING EXPENSES:        
Selling and administrative 1,723,158 1,656,789 5,286,993 5,094,939
Officers' salaries 163,850 159,100 489,435 459,300
TOTALS 1,887,008 1,815,889 5,776,428 5,554,239
(LOSS) INCOME FROM OPERATIONS 161,483 1,238,587 (2,883,762) 5,579,525
OTHER INCOME (EXPENSE):        
Interest income 13,074 12,769 26,302 32,064
Gain (Loss) from equity method investments (610) (759) (162) (847)
Interest expense (35,156) (16,271) (153,768) (42,340)
TOTAL (22,692) (4,261) (127,628) (11,123)
INCOME BEFORE PROVISION FOR INCOME TAXES AND NON-CONTROLLING INTEREST IN SUBSIDIARY 138,791 1,234,326 (3,011,390) 5,568,402
(Benefit) provision for income taxes 40 450,952 (1,189,785) 2,114,905
NET INCOME BEFORE NON-CONTROLLING INTEREST IN SUBSIDIARY 138,751 783,374 (1,821,605) 3,453,497
Less: net income attributable to the non-controlling interest in subsidiary 411 (24,427) (19,992) (61,590)
NET INCOME ATTRIBUTABLE TO COFFEE HOLDING CO., INC. $ 139,162 $ 758,947 $ (1,841,597) $ 3,391,907
Basic earnings per share $ 0.02 $ 0.12 $ (.30) $ 0.53
Diluted earnings per share $ 0.02 $ 0.11 $ (.30) $ 0.51
Weighted average common shares outstanding:        
Basic 6,215,894 6,344,487 6,215,894 6,362,933
Diluted 6,215,894 6,611,487 6,215,894 6,629,933