XML 15 R6.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Apr. 30, 2016
Apr. 30, 2015
OPERATING ACTIVITIES:    
Net income (loss) $ 1,325,717 $ (1,960,357)
Adjustments to reconcile net income to net cash provided (used in) by operating activities:    
Depreciation and amortization 278,987 274,022
Unrealized gain on commodities (689,088) (489,696)
Loss (Gain) on equity method investments 244 (448)
Deferred rent 4,581 6,206
Deferred income taxes 872,750 (1,143,650)
Changes in operating assets and liabilities:    
Accounts receivable (349,772) 2,263,522
Inventories 1,529,369 2,536,227
Prepaid expenses and other current assets (17,193) 82,747
Prepaid green coffee 276,013 346,043
Prepaid and refundable income taxes 502,850 (1,387,393)
Deposits and other assets 15,833 0
Accounts payable and accrued expenses (749,970) (3,215,641)
Income taxes payable 500 (331,051)
Net cash provided by (used in) operating activities 3,000,821 (3,019,469)
INVESTING ACTIVITIES:    
Purchases of machinery and equipment (270,221) (341,337)
Net cash used in investing activities (270,221) (341,337)
FINANCING ACTIVITIES:    
Advances under bank line of credit 600,000 9,272,578
Principal payments under bank line of credit (3,500,000) (6,000,000)
Purchase of treasury stock (386,319) 0
Payment of dividend (100,000) (80,000)
Net cash (used in) provided by financing activities (3,386,319) 3,192,578
NET DECREASE IN CASH (655,719) (168,228)
CASH, BEGINNING OF PERIOD 3,853,816 3,782,639
CASH, END OF PERIOD 3,198,097 3,614,411
SUPPLEMENTAL DISCLOSURE OF CASH FLOW DATA:    
Interest paid 81,276 112,585
Income taxes paid $ 25,008 $ 1,641,197