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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended 9 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Jul. 31, 2016
Jul. 31, 2015
Consolidated Statements Of Income        
NET SALES $ 17,354,533 $ 27,039,857 $ 61,566,868 $ 95,708,890
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.) 14,203,343 24,991,366 52,455,081 92,816,224
GROSS PROFIT 3,151,190 2,048,491 9,111,787 2,892,666
OPERATING EXPENSES:        
Selling and administrative 1,704,373 1,723,158 5,170,915 5,286,993
Officers' salaries 163,850 163,850 491,550 489,435
TOTAL 1,868,223 1,887,008 5,662,465 5,776,428
INCOME (LOSS) FROM OPERATIONS 1,282,967 161,483 3,449,322 (2,883,762)
OTHER INCOME (EXPENSE):        
Interest income 9,890 13,074 30,889 26,302
Loss from equity method investments (805) (610) (1,049) (162)
Interest expense (42,671) (35,156) (116,144) (153,768)
TOTAL (33,586) (22,692) (86,304) (127,628)
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES AND NON-CONTROLLING INTEREST IN SUBSIDIARY 1,249,381 138,791 3,363,018 (3,011,390)
Provision (Benefit) for income taxes 448,399 40 1,236,319 (1,189,785)
NET INCOME (LOSS) BEFORE NON-CONTROLLING INTEREST IN SUBSIDIARY 800,982 138,751 2,126,699 (1,821,605)
Less: Net (income) attributable to the non-controlling interest in subsidiary (45,464) 411 (100,811) (19,992)
NET INCOME (LOSS) ATTRIBUTABLE TO COFFEE HOLDING CO., INC. $ 755,518 $ 139,162 $ 2,025,888 $ (1,841,597)
Basic and diluted earnings (loss) per share $ 0.12 $ 0.02 $ 0.33 $ (.30)
Weighted average common shares outstanding:        
Basic and diluted 6,056,420 6,215,894 6,117,610 6,215,894