10-Q Filing

CULP INC CIK: 723603 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001157523-18-001918`
Period End Date	20180731
Filing Date	20180907
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	culp-20180729.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 126 Income Statement 36 Cash Flow Statement 73 Stockholders Equity 25 Comprehensive Income 21

Balance Sheet 126 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.05	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.05	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.05	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.59M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.32M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.23M	USD	Point-in-time
Short-term investments-Available for Sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$2.47M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.05	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.05	USD	Point-in-time
Short-term investments-Available for Sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$2.45M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.05	USD	Point-in-time
Short-term investments-Held-To-Maturity	`HeldToMaturitySecuritiesCurrent`	$30.76M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Short-term investments-Held-To-Maturity	`HeldToMaturitySecuritiesCurrent`	$25.76M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$23.23M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	12.52M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	12.45M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$22.14M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$27.45M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	12.44M	shares	Point-in-time
Inventories	`InventoryNet`	$55.23M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	12.45M	shares	Point-in-time
Inventories	`InventoryNet`	$53.45M	USD	Point-in-time
Inventories	`InventoryNet`	$54.99M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	12.52M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	12.44M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.90M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.85M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.44M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$121.42M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$132.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$101.60M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$52.91M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$51.79M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$53.18M	USD	Point-in-time
Goodwill	`Goodwill`	$11.46M	USD	Point-in-time
Goodwill	`Goodwill`	$11.46M	USD	Point-in-time
Goodwill	`Goodwill`	$27.22M	USD	Point-in-time
Goodwill	`Goodwill`	$13.57M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$436.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$1.46M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$3.72M	USD	Point-in-time
Long-term investments-Held-To-Maturity	`HeldToMaturitySecuritiesNoncurrent`	$5.04M	USD	Point-in-time
Long-term investments-Held-To-Maturity	`HeldToMaturitySecuritiesNoncurrent`	$30.91M	USD	Point-in-time
Long-term investments-Rabbi Trust	`AvailableForSaleSecuritiesNoncurrent`	$7.33M	USD	Point-in-time
Long-term investments-Rabbi Trust	`AvailableForSaleSecuritiesNoncurrent`	$6.71M	USD	Point-in-time
Long-term investments-Rabbi Trust	`AvailableForSaleSecuritiesNoncurrent`	$7.67M	USD	Point-in-time
Investment in unconsolidated joint venture	`EquityMethodInvestments`	$1.48M	USD	Point-in-time
Investment in unconsolidated joint venture	`EquityMethodInvestments`	$1.50M	USD	Point-in-time
Investment in unconsolidated joint venture	`EquityMethodInvestments`	$1.52M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.64M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.23M	USD	Point-in-time
Total assets	`Assets`	$207.90M	USD	Point-in-time
Total assets	`Assets`	$217.98M	USD	Point-in-time
Total assets	`Assets`	$226.37M	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$29.11M	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$25.07M	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$27.24M	USD	Point-in-time
Accounts payable-capital expenditures	`AccountsPayableCapitalExpendituresCurrent`	$862.00K	USD	Point-in-time
Accounts payable-capital expenditures	`AccountsPayableCapitalExpendituresCurrent`	$1.78M	USD	Point-in-time
Accounts payable-capital expenditures	`AccountsPayableCapitalExpendituresCurrent`	$5.65M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$634.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$809.00K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$6.08M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$8.18M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$10.50M	USD	Point-in-time
Accrued restructuring costs	`RestructuringReserveCurrent`	$451.00K	USD	Point-in-time
Accrued restructuring costs	`RestructuringReserveCurrent`	$445.00K	USD	Point-in-time
Income taxes payable-current	`AccruedIncomeTaxesCurrent`	$1.24M	USD	Point-in-time
Income taxes payable-current	`AccruedIncomeTaxesCurrent`	$1.44M	USD	Point-in-time
Income taxes payable-current	`AccruedIncomeTaxesCurrent`	$884.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$36.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$40.58M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$41.72M	USD	Point-in-time
Line of credit	`LongTermLineOfCredit`	$5.00M	USD	Point-in-time
Line of credit	`LongTermLineOfCredit`	$4.00M	USD	Point-in-time
Accrued expenses-long-term	`AccruedLiabilitiesNoncurrent`	$763.00K	USD	Point-in-time
Accrued expenses-long-term	`AccruedLiabilitiesNoncurrent`	$749.00K	USD	Point-in-time
Contingent consideration-earn-out obligation	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$5.60M	USD	Point-in-time
Income taxes payable-long-term	`AccruedIncomeTaxesNoncurrent`	$3.76M	USD	Point-in-time
Income taxes payable-long-term	`AccruedIncomeTaxesNoncurrent`	$487.00K	USD	Point-in-time
Income taxes payable-long-term	`AccruedIncomeTaxesNoncurrent`	$3.73M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$4.25M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$2.15M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$2.15M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$6.77M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$7.35M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$7.68M	USD	Point-in-time
Total liabilities	`Liabilities`	$58.23M	USD	Point-in-time
Total liabilities	`Liabilities`	$60.34M	USD	Point-in-time
Total liabilities	`Liabilities`	$54.61M	USD	Point-in-time
Commitments and Contingencies (Notes 12 and 21)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Notes 12 and 21)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Notes 12 and 21)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.05 par value, authorized 10,000,000	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.05 par value, authorized 10,000,000	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.05 par value, authorized 10,000,000	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.05 par value, authorized 40,000,000 shares, issued and outstanding 12,522,246 at July 29, 2018; 12,441,161 at July 30, 2017; and 12,450,276 at April 29, 2018	`CommonStockValue`	$623.00K	USD	Point-in-time
Common stock, $0.05 par value, authorized 40,000,000 shares, issued and outstanding 12,522,246 at July 29, 2018; 12,441,161 at July 30, 2017; and 12,450,276 at April 29, 2018	`CommonStockValue`	$622.00K	USD	Point-in-time
Common stock, $0.05 par value, authorized 40,000,000 shares, issued and outstanding 12,522,246 at July 29, 2018; 12,441,161 at July 30, 2017; and 12,450,276 at April 29, 2018	`CommonStockValue`	$627.00K	USD	Point-in-time
Capital contributed in excess of par value	`AdditionalPaidInCapitalCommonStock`	$46.33M	USD	Point-in-time
Capital contributed in excess of par value	`AdditionalPaidInCapitalCommonStock`	$47.04M	USD	Point-in-time
Capital contributed in excess of par value	`AdditionalPaidInCapitalCommonStock`	$48.20M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$114.47M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$101.98M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$114.64M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$64.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-85.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$40.00K	USD	Point-in-time
Total shareholders' equity attributable to Culp Inc.	`StockholdersEquity`	$161.49M	USD	Point-in-time
Total shareholders' equity attributable to Culp Inc.	`StockholdersEquity`	$163.38M	USD	Point-in-time
Total shareholders' equity attributable to Culp Inc.	`StockholdersEquity`	$149.68M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$4.54M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$163.38M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.03M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$149.68M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$148.63M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$217.98M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$226.37M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$207.90M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$71.47M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$79.53M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$60.91M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$63.07M	USD	1 Quarter
Gross profit	`GrossProfit`	$16.46M	USD	1 Quarter
Gross profit	`GrossProfit`	$10.56M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$9.50M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$8.03M	USD	1 Quarter
Restructuring expense	`RestructuringCharges`	$451.00K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.08M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$6.96M	USD	1 Quarter
Interest expense	`InterestExpense`	$20.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$131.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$150.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-353.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-257.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$6.74M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.95M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$906.00K	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$1.64M	USD	1 Quarter
Loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-118.00K	USD	1 Quarter
Loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-77.00K	USD	1 Quarter
Net income	`ProfitLoss`	$4.98M	USD	1 Quarter
Net income	`ProfitLoss`	$20.88M	USD	Annual
Net income	`ProfitLoss`	$965.00K	USD	1 Quarter
Less: Net income attributable to non-controlling interest	`IncomeLossAttributableToNoncontrollingInterest`	$8.00K	USD	1 Quarter
Net income attributable to Culp, Inc. common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$957.00K	USD	1 Quarter
Net income attributable to Culp, Inc. common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.98M	USD	1 Quarter
Net income attributable to Culp Inc. common shareholders per share-basic	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Net income attributable to Culp Inc. common shareholders per share-basic	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Net income attributable to Culp Inc. common shareholders per share-diluted	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Net income attributable to Culp Inc. common shareholders per share-diluted	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.40M	shares	1 Quarter
Average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.51M	shares	1 Quarter
Average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.60M	shares	1 Quarter
Average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.59M	shares	1 Quarter

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$4.98M	USD	1 Quarter
Net income	`ProfitLoss`	$20.88M	USD	Annual
Net income	`ProfitLoss`	$965.00K	USD	1 Quarter
Depreciation	`Depreciation`	$2.02M	USD	1 Quarter
Depreciation	`Depreciation`	$1.81M	USD	1 Quarter
Amortization of assets	`AdjustmentForAmortization`	$145.00K	USD	1 Quarter
Amortization of assets	`AdjustmentForAmortization`	$82.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$757.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$-501.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$643.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.26M	USD	1 Quarter
Realized loss on sale of short-term investments (Available for Sale)	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$-94.00K	USD	1 Quarter
Loss on disposal of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-35.00K	USD	1 Quarter
Loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-118.00K	USD	1 Quarter
Loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-77.00K	USD	1 Quarter
Foreign currency exchange (gain) loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-35.00K	USD	1 Quarter
Foreign currency exchange (gain) loss	`ForeignCurrencyTransactionGainLossUnrealized`	$91.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.52M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.84M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$429.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$3.54M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$467.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$989.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-34.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$47.00K	USD	1 Quarter
Accounts payable-trade	`IncreaseDecreaseInAccountsPayableTrade`	$-2.49M	USD	1 Quarter
Accounts payable-trade	`IncreaseDecreaseInAccountsPayableTrade`	$-397.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-175.00K	USD	1 Quarter
Accrued expenses and deferred compensation	`IncreaseDecreaseInAccruedLiabilitiesAndDeferredCompensation`	$-4.70M	USD	1 Quarter
Accrued expenses and deferred compensation	`IncreaseDecreaseInAccruedLiabilitiesAndDeferredCompensation`	$-1.57M	USD	1 Quarter
Accrued restructuring costs	`IncreaseDecreaseInRestructuringReserve`	$445.00K	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$608.00K	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$-75.00K	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.94M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.40M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$2.26M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$757.00K	USD	1 Quarter
Net cash paid for acquisition of businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$11.97M	USD	1 Quarter
Investment in unconsolidated joint venture	`PaymentsToAcquireInterestInJointVenture`	$489.00K	USD	1 Quarter
Investment in unconsolidated joint venture	`PaymentsToAcquireInterestInJointVenture`	$100.00K	USD	1 Quarter
Proceeds from the sale of short-term investments (Available for Sale)	`ProceedsFromSaleOfShortTermInvestments`	$2.46M	USD	1 Quarter
Purchase of short-term investments (Available for Sale)	`PaymentsToAcquireShortTermInvestments`	$12.00K	USD	1 Quarter
Purchase of short-term investments (Available for Sale)	`PaymentsToAcquireShortTermInvestments`	$10.00K	USD	1 Quarter
Proceeds from the sale of long-term investments (Rabbi Trust)	`ProceedsFromSaleOfLongtermInvestments`	$49.00K	USD	1 Quarter
Purchase of long-term investments (Rabbi Trust)	`PaymentsToAcquireLongtermInvestments`	$302.00K	USD	1 Quarter
Purchase of long-term investments (Rabbi Trust)	`PaymentsToAcquireLongtermInvestments`	$1.27M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.98M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.68M	USD	1 Quarter
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$5.00M	USD	1 Quarter
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$11.00M	USD	1 Quarter
Payments on line of credit	`RepaymentsOfLinesOfCredit`	$7.00M	USD	1 Quarter
Payments on vendor-financed capital expenditures	`RepaymentsOfLongtermLoansFromVendors`	$1.25M	USD	1 Quarter
Payments on vendor-financed capital expenditures	`RepaymentsOfLongtermLoansFromVendors`	$1.41M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$3.61M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$1.13M	USD	1 Quarter
Common stock surrendered for withholding taxes payable	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.14M	USD	1 Quarter
Common stock surrendered for withholding taxes payable	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.29M	USD	1 Quarter
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$72.00K	USD	1 Quarter
Proceeds from common stock issued	`ProceedsFromIssuanceOfCommonStock`	$5.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$97.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-988.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-114.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$90.00K	USD	1 Quarter
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-12.63M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.47M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.23M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.80M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.59M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.32M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.23M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.80M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.59M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.32M	USD	Point-in-time

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$163.38M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.03M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$149.68M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$148.63M	USD	Point-in-time
Net income	`ProfitLoss`	$4.98M	USD	1 Quarter
Net income	`ProfitLoss`	$20.88M	USD	Annual
Net income	`ProfitLoss`	$965.00K	USD	1 Quarter
Acquisition of subsidiary with non-controlling interest	`NoncontrollingInterestIncreaseFromBusinessCombination`	$4.53M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$-501.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.21M	USD	Annual
Unrealized gain on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-55.00K	USD	Annual
Unrealized gain on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$15.00K	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$44.00K	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-26.00K	USD	Annual
Unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$134.00K	USD	1 Quarter
Common stock issued in connection with exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$111.00K	USD	Annual
Common stock surrendered for the cost of stock option exercises and withholding taxes payable	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.29M	USD	1 Quarter
Common stock surrendered for the cost of stock option exercises and withholding taxes payable	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.53M	USD	Annual
Common stock repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$72.00K	USD	1 Quarter
Dividends paid	`DividendsCash`	$1.13M	USD	1 Quarter
Dividends paid	`DividendsCash`	$6.84M	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$163.38M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.03M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$149.68M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$148.63M	USD	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$4.98M	USD	1 Quarter
Net income	`ProfitLoss`	$20.88M	USD	Annual
Net income	`ProfitLoss`	$965.00K	USD	1 Quarter
Unrealized holding gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$40.00K	USD	1 Quarter
Unrealized holding gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$44.00K	USD	1 Quarter
Reclassification adjustment for realized loss on investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-94.00K	USD	1 Quarter
Total unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$44.00K	USD	1 Quarter
Total unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-26.00K	USD	Annual
Total unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$134.00K	USD	1 Quarter
Unrealized holding loss on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-25.00K	USD	1 Quarter
Reclassification adjustment for realized loss on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-40.00K	USD	1 Quarter
Total unrealized gain on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-55.00K	USD	Annual
Total unrealized gain on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$15.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$44.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$149.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.03M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.11M	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive income attributable to Culp, Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$5.03M	USD	1 Quarter
Comprehensive income attributable to Culp, Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$1.11M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.