Exhibit 11.1
Coffee Holding Co., Inc.
Computation of Per Share Earnings (Loss)
(Unaudited)
Six Months Ended April 30, | Three Months Ended April, 30 | ||||||||||||
2007 | 2006 | 2006 | 2006 | ||||||||||
Net Income (Loss) | $ | 648,592 | $ | 235,404 | $ | 338,888 | $ | (284,234 | ) | ||||
BASIC EARNINGS: | |||||||||||||
Weighted average number of common | |||||||||||||
Shares outstanding | 5,529,830 | 5,529,830 | 5,529,830 | 5,529,830 | |||||||||
Basic earnings (loss) per common share | $ | .12 | $ | .04 | $ | .06 | $ | (.05 | ) | ||||
DILUTED EARNINGS: | |||||||||||||
Weighted average number of common | |||||||||||||
Shares outstanding | 5,529,830 | 5,529,830 | 5,529,830 | 5,529,830 | |||||||||
Warrants - common stock equivalents | 70,000 | 65,030 | 0 | 0 | |||||||||
Weighted average number of common | |||||||||||||
Shares outstanding - as adjusted | 5,599,830 | 5,594,860 | 5,529,830 | 5,529,830 | |||||||||
Diluted earnings (loss) per common share | $ | .12 | $ | .04 | $ | .06 | $ | (.05 | ) | ||||