Coffee Holding Co., Inc.
Computation of Per Share Earnings
Exhibit 11.1
Years Ended October 31, | ||||||||||
2007 | 2006 | 2005 | ||||||||
Net Income (Loss) | $ | 937,316 | $ | 700,082 | $ | 1,185,135 | ||||
BASIC EARNINGS: | ||||||||||
Weighted average number of common | ||||||||||
Shares outstanding | 5,525,408 | 5,529,830 | 4,721,327 | |||||||
Basic earnings (loss) per common share | $ | .17 | $ | .13 | $ | .25 | ||||
DILUTED EARNINGS: | ||||||||||
Weighted average number of common | ||||||||||
Shares outstanding | 5,525,408 | 5,529,830 | 4,721,327 | |||||||
Warrants - common stock equivalents | 70,000 | 70,000 | 55,430 | |||||||
Weighted average number of common | ||||||||||
Shares outstanding - as adjusted | 5,595,408 | 5,599,830 | 4,776,757 | |||||||
Diluted earnings (loss) per common share | $ | .17 | $ | .13 | $ | .25 |