EX-11.1 2 exhibit111.htm EARNINGS PER SHARE CALCULATION United States Securities and Exchange Commission EDGAR Filing

EXHIBIT 11.1

Coffee Holding Co., Inc.

Computation of Per Share Earnings

(Unaudited)

 

 

2008

 

2007

 

2008

 

2007

 

Net Income (Loss)

     

$

(1,861,913

)

$

648,592

 

$

(2,044,178

)

$

338,888

 

 

     

 

 

      

 

 

     

 

 

      

 

 

 

BASIC EARNINGS:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common
shares outstanding

 

 

5,497,254

 

 

5,529,830

 

 

5,497,254

 

 

5,529,830

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share

 

$

(.34

)

$

.12

 

$

(.37

)

$

.06

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DILUTED EARNINGS:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common
shares outstanding

 

 

5,497,254

 

 

5,529,830

 

 

5,497,254

 

 

5,529,830

 

Warrants – common stock equivalents

 

 

0

 

 

70,000

 

 

0

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common
shares outstanding – as adjusted

 

 

5,497,254

 

 

5,599,830

 

 

5,497,254

 

 

5,529,830

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per common
share

 

$

(.34

)

$

.12

 

$

(.37

)

$

.06