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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended 6 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Apr. 30, 2016
Apr. 30, 2015
Consolidated Statements Of Income        
NET SALES $ 21,406,939 $ 30,263,054 $ 44,212,334 $ 68,669,033
COST OF SALES (including $5.6 and $14.9 million of related party costs for the six months ended April 30, 2016 and 2015, respectively. Including $2.0 and $5.1 million for the three months ended April 30, 2016 and 2015, respectively.) 18,097,486 31,340,321 38,251,840 67,824,859
GROSS PROFIT 3,309,453 (1,077,267) 5,960,494 844,174
OPERATING EXPENSES:        
Selling and administrative 1,789,489 1,897,480 3,466,440 3,563,835
Officers' salaries 163,850 172,850 327,700 325,585
TOTAL 1,953,339 2,070,330 3,794,140 3,889,420
INCOME (LOSS) FROM OPERATIONS 1,356,114 (3,147,597) 2,166,354 (3,045,246)
OTHER INCOME (EXPENSE):        
Interest income 10,988 4,930 21,000 13,228
(Loss) gain from equity method investments 212 (267) (244) 448
Interest expense (33,670) (64,633) (73,473) (118,612)
TOTAL (22,470) (59,970) (52,717) (104,936)
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES AND NON-CONTROLLING INTEREST IN SUBSIDIARY 1,333,644 (3,207,567) 2,113,637 (3,150,182)
Provision (Benefit) for income taxes 485,356 (1,158,721) 787,920 (1,189,825)
NET INCOME (LOSS) BEFORE NON-CONTROLLING INTEREST IN SUBSIDIARY 848,288 (2,048,846) 1,325,717 (1,960,357)
Less: Net (income) attributable to the non-controlling interest in subsidiary (17,487) (3,714) (55,347) (20,402)
NET INCOME (LOSS) ATTRIBUTABLE TO COFFEE HOLDING CO., INC. $ 830,801 $ (2,052,560) $ 1,270,370 $ (1,980,759)
Basic and diluted earnings (loss) per share $ 0.14 $ (.33) $ 0.21 $ (.32)
Weighted average common shares outstanding:        
Basic and diluted 6,133,557 6,215,894 6,148,039 6,215,894