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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Apr. 24, 2018
Oct. 31, 2019
Oct. 31, 2018
OPERATING ACTIVITIES:      
Net income   $ 264,006 $ 1,527,406
Adjustments to reconcile net income to net cash (used in) provided by operating activities:      
Depreciation and amortization   742,637 740,454
Stock-based compensation   476,899
Unrealized gain on commodities   (123,077) (188,816)
Loss on equity method investments   3,769 4,867
Deferred rent   (48,682) 1,764
Deferred income taxes   (49,938) 151,765
Changes in operating assets and liabilities:      
Accounts receivable   492,870 3,613,947
Inventories   (3,570,119) 2,155,487
Prepaid expenses and other current assets   (8,765) 43,877
Prepaid green coffee   171,350
Prepaid and refundable income taxes   (2,728) 89,608
Accounts payable and accrued expenses   (489,533) 392,713
Deposits and other assets   165,451 (11,178)
Income taxes payable   (1,405) 159
Net cash (used in) provided by operating activities   (2,148,616) 8,693,403
INVESTING ACTIVITIES:      
Purchase of business net of cash acquired   (2,677,335)
Distribution of funds from deferred compensation plan   (154,273)
Purchases of machinery and equipment   (743,410) (383,516)
Net cash used in investing activities   (897,683) (3,060,851)
FINANCING ACTIVITIES:      
Advances under bank line of credit   1,407,726 3,810,400
Purchase of treasury stock   (1,129,050)
Principal payment on note payable   (70,255)
Principal payments under bank line of credit   (500,000) (6,028,168)
Net cash provided by (used in) financing activities   837,471 (3,346,818)
NET (DECREASE) INCREASE IN CASH   (2,208,828) 2,285,734
CASH, BEGINNING OF YEAR   4,611,384 2,325,650
CASH, END OF YEAR   2,402,556 4,611,384
SUPPLEMENTAL DISCLOSURE OF CASH FLOW DATA:      
Interest paid   254,603 372,228
Income taxes paid   $ 83,279 $ 270,000
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Accounts receivable $ 86,442    
Inventory 1,116,021    
Equipment 221,283    
Prepaid expenses 28,913    
Non-compete 99,000    
Customer lists 245,000    
Tradename 668,000    
Goodwill 363,396    
Less:Note Payable 140,510    
Less: Liability assumed 10,210    
Net cash paid $ 2,677,335