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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended
Jan. 31, 2016
Jan. 31, 2015
Consolidated Statements Of Income    
NET SALES $ 22,805,397 $ 38,405,979
COST OF SALES (which include purchases of approximately $3.5 million and $9.8 million for the three months ended January 31, 2016 and 2015, respectively, from a related party) 20,154,348 36,484,535
GROSS PROFIT 2,651,049 1,921,444
OPERATING EXPENSES:    
Selling and administrative 1,676,960 1,666,357
Officers' salaries 163,850 152,735
TOTALS 1,840,810 1,819,092
INCOME FROM OPERATIONS 810,239 102,352
OTHER INCOME (EXPENSE):    
Interest income 10,012 8,297
(Loss) Gain from equity method investments (456) 715
Interest expense (39,803) (53,979)
TOTAL (30,247) (44,967)
INCOME BEFORE PROVISION FOR INCOME TAXES AND NON-CONTROLLING INTEREST IN SUBSIDIARY 779,992 57,385
Provision (Benefit) for income taxes 302,564 (31,104)
NET INCOME BEFORE NON-CONTROLLING INTEREST IN SUBSIDIARY 477,428 88,489
Less: net income attributable to the non-controlling interest in subsidiary (37,859) (16,688)
NET INCOME ATTRIBUTABLE TO COFFEE HOLDING CO., INC. $ 439,569 $ 71,801
Basic and diluted earnings per share $ 0.07 $ 0.01
Weighted average common shares outstanding:    
Basic and diluted 6,162,207 6,215,894