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Condensed Consolidated Balance Sheets (USD $)
Apr. 30, 2012
Oct. 31, 2011
ASSETS:    
Cash $ 2,432,001 $ 4,244,335
Accounts receivable, net of allowances of $269,611 for 2012 and 2011 9,634,929 16,021,581
Inventories 11,993,084 13,475,855
Prepaid green coffee 50,283 388,754
Prepaid expenses and other current assets 207,145 275,679
Prepaid and refundable income taxes 501,191 377,972
Deferred income tax asset 365,978 896,400
TOTAL CURRENT ASSETS 25,184,611 35,680,576
Machinery and equipment, at cost, net of accumulated depreciation of $2,411,214 and $2,191,566 for 2012 and 2011, respectively 1,630,751 1,661,759
Customer list and relationships, net of accumulated amortization of $15,000 and $11,250 for 2012 and 2011, respectively 135,000 138,750
Trademarks 180,000 180,000
Goodwill 440,000 440,000
Equity investment 1,968,902 0
Deferred income tax asset 1,522 0
Deposits and other assets 683,643 677,606
TOTAL ASSETS 30,224,429 38,778,691
LIABILITIES AND STOCKHOLDERS' EQUITY:    
Accounts payable and accrued expenses 5,950,502 12,379,414
Line of credit 137,500 1,820,109
Due to broker 570,945 1,867,558
Income taxes payable 0 100
TOTAL CURRENT LIABILITIES 6,658,947 16,067,181
Deferred income tax liabilities 0 35,900
Deferred rent payable 156,795 146,921
Deferred compensation payable 554,490 538,707
TOTAL LIABILITIES 7,370,232 16,788,709
STOCKHOLDERS' EQUITY:    
Preferred stock, par value $.001 per share; 10,000,000 shares authorized; 0 issued 0 0
Common stock, par value $.001 per share; 30,000,000 shares authorized, 6,456,316 shares issued; 6,372,309 shares outstanding for 2012 and 2011 6,456 6,456
Additional paid-in capital 15,884,609 15,884,609
Contingent consideration 19,500 19,500
Retained earnings 7,089,046 6,268,326
Less: Treasury stock, 84,007 common shares, at cost for 2012 and 2011 (272,133) (272,133)
Total Coffee Holding Co., Inc. Stockholders’ Equity 22,727,478 21,906,758
Noncontrolling interest 126,719 83,224
TOTAL EQUITY 22,854,197 21,989,982
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 30,224,429 $ 38,778,691