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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Apr. 24, 2018
Jul. 31, 2019
Jul. 31, 2018
OPERATING ACTIVITIES:      
Net income   $ 550,242 $ 1,310,407
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization   547,483 544,564
Stock-based compensation   228,868
Unrealized loss (gain) on commodities   74,658 317,176
Loss (gain) on equity method investments   2,691 4,359
Deferred rent   (36,151) 1,323
Deferred income taxes   (43,988) 3,750
Changes in operating assets and liabilities:      
Accounts receivable   1,421,655 4,917,860
Inventories   (2,431,050) 2,240,892
Prepaid expenses and other current assets   (107,498) (50,625)
Prepaid green coffee   171,350
Prepaid and refundable income taxes   94,567 178,848
Accounts payable and accrued expenses   (1,206,027) (1,698,518)
Deposits and other assets   90,854
Deferred compensation payable   (96,739)
Income taxes payable   (1,305) 5,889
Net cash (used in) provided by operating activities   (911,740) 7,947,275
INVESTING ACTIVITIES:      
Cash paid for business acquisition   (2,740,217)
Purchases of machinery and equipment   (568,235) (299,554)
Net cash used in investing activities   (568,235) (3,039,771)
FINANCING ACTIVITIES:      
Advances under bank line of credit   7,626 3,800,200
Purchase of treasury stock   (894,368)
Principal payment on note payable   (70,255)
Principal payments under bank line of credit   (500,000) (5,059,065)
Net cash used in financing activities   (562,629) (2,153,133)
NET (DECREASE) INCREASE IN CASH   (2,042,604) 2,754,371
CASH, BEGINNING OF PERIOD   4,611,384 2,325,650
CASH, END OF PERIOD   2,568,780 5,080,021
SUPPLEMENTAL DISCLOSURE OF CASH FLOW DATA:      
Interest paid   197,216 285,603
Income taxes paid   $ 66,269 $ 245,838
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Accounts receivable $ 86,442    
Inventory 1,140,893    
Equipment 450,000    
Prepaid expenses 62,882    
Non-compete 150,000    
Goodwill 1,000,000    
Less: Note payable 150,000    
Net cash paid $ 2,740,217