EX-11.1 2 coffee111.htm EXHIBIT 11

EXHIBIT 11.1



COFFEE HOLDING CO., INC.

COMPUTATION OF PER SHARE EARNINGS

 

  

 

Years Ended October 31,

  

 

2008

 

 

2007

Net Income (Loss)

 

$

(2,597,294

)

 

$

937,316

 

  

 

 

 

 

 

 

 

 

BASIC EARNINGS:

 

 

 

 

 

 

 

 

Weighted average number of common

 

 

 

 

 

 

 

 

  Shares outstanding

 

 

5,476,173

 

 

 

5,525,408

 

  

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share

 

$

(.47

)

 

$

.17

 

  

 

 

 

 

 

 

 

 

DILUTED EARNINGS:

 

 

 

 

 

 

 

 

Weighted average number of common

 

 

 

 

 

 

 

 

  Shares outstanding

 

 

5,476,173

 

 

 

5,525,408

 

Warrants – common stock equivalents

 

 

––

 

 

 

70,000

 

  

 

 

 

 

 

 

 

 

Weighted average number of common

 

 

 

 

 

 

 

 

  Shares outstanding – as adjusted

 

 

5,476,173

 

 

 

5,595,408

 

  

 

 

 

 

 

 

 

 

Diluted earnings (loss) per common share

 

$

(.47

)

 

$

.17