EX-11.1 3 jva_ex111.htm EXHIBIT 11.1 jva_ex111.htm
 
Exhibit 11.1
 
 
Coffee Holding Co., Inc. and Subsidiaries
Computation of Per Share Earnings (Loss)






       
   
Years Ended October 31,
   
2011
    
2010
           
Net Income
   $ 811,930     $ 2,389,361  
                 
BASIC EARNINGS:
                
Weighted average number of common
                
   Shares outstanding
     5,563,802       5,463,837  
                 
Basic earnings per common share
   $ 0.15     $ 0.44  
                 
DILUTED EARNINGS:
                
Weighted average number of common
                
   Shares outstanding
     5,563,802       5,463,837  
Warrants
     267,000          
Contingent shares – common stock equivalents
     5,000       4,602  
                 
Weighted average number of common
                
   Shares outstanding – as adjusted
     5,835,802       5,468,439  
                 
Diluted earnings (loss) per common share
   $ 0.14     $ 0.44