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Exhibit 11.1
Coffee Holding Co., Inc.
Computation of Per Share Earnings
(Unaudited)
Quarters Ended January 31, | |||||||
2008 | 2007 | ||||||
(unaudited) | (unaudited) | ||||||
Net Income | $ | 182,265 | $ | 309,684 | |||
BASIC EARNINGS: | |||||||
Weighted average number of common shares outstanding | 5,506,326 | 5,529,830 | |||||
Basic earnings per common share | $ | 0.03 | $ | 0.06 | |||
DILUTED EARNINGS: | |||||||
Weighted average number of common shares outstanding | 5,506,326 | 5,529,830 | |||||
Warrants - common stock equivalents | 70,000 | 70,000 | |||||
Weighted average number of common shares outstanding - as adjusted | 5,576,326 | 5,599,830 | |||||
Diluted earnings per common share | $ | 0.03 | $ | 0.06 |