10-Q Filing

CULP INC CIK: 723603 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001157523-18-002543`
Period End Date	20181031
Filing Date	20181207
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	culp-20181028.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 129 Income Statement 73 Cash Flow Statement 81 Stockholders Equity 30 Comprehensive Income 36

Balance Sheet 129 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
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.77M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.23M	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
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`	$2.48M	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
Short-term investments - Held-To-Maturity	`HeldToMaturitySecuritiesCurrent`	$4.01M	USD	Point-in-time
Short-term investments - Held-To-Maturity	`HeldToMaturitySecuritiesCurrent`	$26.72M	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`	$24.36M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$24.22M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	12.45M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	12.49M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$27.45M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	12.44M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	12.45M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	12.44M	shares	Point-in-time
Inventories	`InventoryNet`	$50.21M	USD	Point-in-time
Inventories	`InventoryNet`	$53.45M	USD	Point-in-time
Inventories	`InventoryNet`	$50.60M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	12.49M	shares	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$237.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.46M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.26M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$98.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$132.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$119.15M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$51.33M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$51.79M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$52.53M	USD	Point-in-time
Goodwill	`Goodwill`	$13.57M	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
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$1.43M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$10.64M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$4.28M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$1.46M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$491.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$3.61M	USD	Point-in-time
Long-term investments - Held-To-Maturity	`HeldToMaturitySecuritiesNoncurrent`	$5.04M	USD	Point-in-time
Long-term investments - Held-To-Maturity	`HeldToMaturitySecuritiesNoncurrent`	$26.85M	USD	Point-in-time
Long-term investments - Rabbi Trust	`AvailableForSaleSecuritiesNoncurrent`	$7.85M	USD	Point-in-time
Long-term investments - Rabbi Trust	`AvailableForSaleSecuritiesNoncurrent`	$6.92M	USD	Point-in-time
Long-term investments - Rabbi Trust	`AvailableForSaleSecuritiesNoncurrent`	$7.33M	USD	Point-in-time
Investment in unconsolidated joint venture	`EquityMethodInvestments`	$1.52M	USD	Point-in-time
Investment in unconsolidated joint venture	`EquityMethodInvestments`	$1.50M	USD	Point-in-time
Investment in unconsolidated joint venture	`EquityMethodInvestments`	$1.47M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$912.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$945.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$957.00K	USD	Point-in-time
Total assets	`Assets`	$217.98M	USD	Point-in-time
Total assets	`Assets`	$201.04M	USD	Point-in-time
Total assets	`Assets`	$222.21M	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$24.01M	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$27.24M	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$24.60M	USD	Point-in-time
Accounts payable - capital expenditures	`AccountsPayableCapitalExpendituresCurrent`	$3.21M	USD	Point-in-time
Accounts payable - capital expenditures	`AccountsPayableCapitalExpendituresCurrent`	$114.00K	USD	Point-in-time
Accounts payable - capital expenditures	`AccountsPayableCapitalExpendituresCurrent`	$1.78M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$809.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$634.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$649.00K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$8.67M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$7.36M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$10.50M	USD	Point-in-time
Accrued restructuring costs	`RestructuringReserveCurrent`	$260.00K	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityCurrent`	$714.00K	USD	Point-in-time
Income taxes payable - current	`AccruedIncomeTaxesCurrent`	$2.04M	USD	Point-in-time
Income taxes payable - current	`AccruedIncomeTaxesCurrent`	$692.00K	USD	Point-in-time
Income taxes payable - current	`AccruedIncomeTaxesCurrent`	$1.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$40.58M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$35.87M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$36.46M	USD	Point-in-time
Accrued expenses - long-term	`AccruedLiabilitiesNoncurrent`	$763.00K	USD	Point-in-time
Contingent consideration - earn-out obligation	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$5.71M	USD	Point-in-time
Income taxes payable - long-term	`AccruedIncomeTaxesNoncurrent`	$487.00K	USD	Point-in-time
Income taxes payable - long-term	`AccruedIncomeTaxesNoncurrent`	$3.76M	USD	Point-in-time
Income taxes payable - long-term	`AccruedIncomeTaxesNoncurrent`	$3.23M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$2.23M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$4.64M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$2.15M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$6.97M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$7.35M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$7.12M	USD	Point-in-time
Total liabilities	`Liabilities`	$54.74M	USD	Point-in-time
Total liabilities	`Liabilities`	$54.61M	USD	Point-in-time
Total liabilities	`Liabilities`	$47.96M	USD	Point-in-time
Commitments and Contingencies (Notes 13 and 22)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Notes 13 and 22)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Notes 13 and 22)	`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 12,491,956 at October 28, 2018; 12,435,276 at October 29, 2017; and 12,450,276 at April 29, 2018	`CommonStockValue`	$625.00K	USD	Point-in-time
Common stock, $0.05 par value, authorized 40,000,000 shares, issued and outstanding 12,491,956 at October 28, 2018; 12,435,276 at October 29, 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 12,491,956 at October 28, 2018; 12,435,276 at October 29, 2017; and 12,450,276 at April 29, 2018	`CommonStockValue`	$623.00K	USD	Point-in-time
Capital contributed in excess of par value	`AdditionalPaidInCapitalCommonStock`	$47.44M	USD	Point-in-time
Capital contributed in excess of par value	`AdditionalPaidInCapitalCommonStock`	$48.20M	USD	Point-in-time
Capital contributed in excess of par value	`AdditionalPaidInCapitalCommonStock`	$45.96M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$116.27M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$114.64M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$104.96M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$60.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-85.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$62.00K	USD	Point-in-time
Total shareholders' equity attributable to Culp Inc.	`StockholdersEquity`	$162.92M	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`	$153.08M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$4.55M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$153.08M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$167.47M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$163.38M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$148.63M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$201.04M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$222.21M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$217.98M	USD	Point-in-time

Income Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$148.48M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$80.70M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$77.01M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$160.23M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$127.96M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$124.59M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$64.89M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$63.68M	USD	1 Quarter
Gross profit	`GrossProfit`	$23.89M	USD	2 Qtrs
Gross profit	`GrossProfit`	$15.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$32.27M	USD	2 Qtrs
Gross profit	`GrossProfit`	$13.33M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$9.41M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$18.92M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$18.14M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$10.10M	USD	1 Quarter
Restructuring credit	`RestructuringCredit`	$1.06M	USD	1 Quarter
Restructuring credit	`RestructuringCredit`	$610.00K	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$6.39M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$13.35M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$4.28M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$6.36M	USD	2 Qtrs
Interest expense	`InterestExpense`	$37.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$38.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$37.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$18.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$259.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$128.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$151.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$301.00K	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-399.00K	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-674.00K	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-142.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-321.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$6.16M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.28M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$12.90M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$6.22M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$3.75M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$1.28M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$2.18M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$2.11M	USD	1 Quarter
Loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-193.00K	USD	2 Qtrs
Loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-55.00K	USD	1 Quarter
Loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-132.00K	USD	2 Qtrs
Loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-75.00K	USD	1 Quarter
Net income	`ProfitLoss`	$3.91M	USD	2 Qtrs
Net income	`ProfitLoss`	$3.98M	USD	1 Quarter
Net income	`ProfitLoss`	$20.88M	USD	Annual
Net income	`ProfitLoss`	$2.94M	USD	1 Quarter
Net income	`ProfitLoss`	$8.96M	USD	2 Qtrs
Less: Net income attributable to non-controlling interest	`IncomeLossAttributableToNoncontrollingInterest`	$11.00K	USD	1 Quarter
Less: Net income attributable to non-controlling interest	`IncomeLossAttributableToNoncontrollingInterest`	$19.00K	USD	2 Qtrs
Net income attributable to Culp, Inc. common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.93M	USD	1 Quarter
Net income attributable to Culp, Inc. common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.98M	USD	1 Quarter
Net income attributable to Culp, Inc. common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.96M	USD	2 Qtrs
Net income attributable to Culp, Inc. common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.89M	USD	2 Qtrs
Net income attributable to Culp Inc. common shareholders per share - basic	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Net income attributable to Culp Inc. common shareholders per share - basic	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Net income attributable to Culp Inc. common shareholders per share - basic	`EarningsPerShareBasic`	$0.31	USD	2 Qtrs
Net income attributable to Culp Inc. common shareholders per share - basic	`EarningsPerShareBasic`	$0.72	USD	2 Qtrs
Net income attributable to Culp Inc. common shareholders per share - diluted	`EarningsPerShareDiluted`	$0.71	USD	2 Qtrs
Net income attributable to Culp Inc. common shareholders per share - diluted	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Net income attributable to Culp Inc. common shareholders per share - diluted	`EarningsPerShareDiluted`	$0.32	USD	1 Quarter
Net income attributable to Culp Inc. common shareholders per share - diluted	`EarningsPerShareDiluted`	$0.31	USD	2 Qtrs
Average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.51M	shares	2 Qtrs
Average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.42M	shares	2 Qtrs
Average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.44M	shares	1 Quarter
Average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.52M	shares	1 Quarter
Average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.58M	shares	1 Quarter
Average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.61M	shares	2 Qtrs
Average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.61M	shares	2 Qtrs
Average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.55M	shares	1 Quarter

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$3.91M	USD	2 Qtrs
Net income	`ProfitLoss`	$3.98M	USD	1 Quarter
Net income	`ProfitLoss`	$20.88M	USD	Annual
Net income	`ProfitLoss`	$2.94M	USD	1 Quarter
Net income	`ProfitLoss`	$8.96M	USD	2 Qtrs
Depreciation	`Depreciation`	$3.71M	USD	2 Qtrs
Depreciation	`Depreciation`	$4.06M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$391.00K	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$166.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.56M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$-106.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$976.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.08M	USD	2 Qtrs
Realized loss on sale of short-term investments (Available for Sale)	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$-94.00K	USD	2 Qtrs
Gain on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.08M	USD	2 Qtrs
Loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-193.00K	USD	2 Qtrs
Loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-55.00K	USD	1 Quarter
Loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-132.00K	USD	2 Qtrs
Loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-75.00K	USD	1 Quarter
Foreign currency exchange (gain) loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-42.00K	USD	2 Qtrs
Foreign currency exchange (gain) loss	`ForeignCurrencyTransactionGainLossUnrealized`	$102.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-561.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.64M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.77M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.60M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-723.00K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-379.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$35.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$10.00K	USD	2 Qtrs
Accounts payable - trade	`IncreaseDecreaseInAccountsPayableTrade`	$-3.26M	USD	2 Qtrs
Accounts payable - trade	`IncreaseDecreaseInAccountsPayableTrade`	$-5.07M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-160.00K	USD	2 Qtrs
Accrued expenses and deferred compensation	`IncreaseDecreaseInAccruedLiabilitiesAndDeferredCompensation`	$-3.61M	USD	2 Qtrs
Accrued expenses and deferred compensation	`IncreaseDecreaseInAccruedLiabilitiesAndDeferredCompensation`	$-1.47M	USD	2 Qtrs
Accrued restructuring costs	`IncreaseDecreaseInRestructuringReserve`	$260.00K	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$247.00K	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$406.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.18M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.60M	USD	2 Qtrs
Net cash paid for acquisition of businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.10M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$2.10M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$4.98M	USD	2 Qtrs
Proceeds from the sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.28M	USD	2 Qtrs
Proceeds from the sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.00K	USD	2 Qtrs
Investment in unconsolidated joint venture	`PaymentsToAcquireInterestInJointVenture`	$609.00K	USD	2 Qtrs
Investment in unconsolidated joint venture	`PaymentsToAcquireInterestInJointVenture`	$100.00K	USD	2 Qtrs
Proceeds from the sale of short-term investments (Held to Maturity)	`ProceedsFromSaleOfHeldToMaturitySecurities`	$4.00M	USD	2 Qtrs
Proceeds from the sale of short-term investments (Available for Sale)	`ProceedsFromSaleOfShortTermInvestments`	$2.46M	USD	2 Qtrs
Purchase of short-term investments (Available for Sale)	`PaymentsToAcquireShortTermInvestments`	$24.00K	USD	2 Qtrs
Purchase of short-term investments (Available for Sale)	`PaymentsToAcquireShortTermInvestments`	$10.00K	USD	2 Qtrs
Proceeds from the sale of long-term investments (Rabbi Trust)	`ProceedsFromSaleOfLongtermInvestments`	$54.00K	USD	2 Qtrs
Purchase of long-term investments (Rabbi Trust)	`PaymentsToAcquireLongtermInvestments`	$1.46M	USD	2 Qtrs
Purchase of long-term investments (Rabbi Trust)	`PaymentsToAcquireLongtermInvestments`	$526.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.09M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.01M	USD	2 Qtrs
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$12.00M	USD	2 Qtrs
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$10.00M	USD	2 Qtrs
Payments on line of credit	`RepaymentsOfLinesOfCredit`	$10.00M	USD	2 Qtrs
Payments on line of credit	`RepaymentsOfLinesOfCredit`	$12.00M	USD	2 Qtrs
Payments on vendor-financed capital expenditures	`RepaymentsOfLongtermLoansFromVendors`	$1.41M	USD	2 Qtrs
Payments on vendor-financed capital expenditures	`RepaymentsOfLongtermLoansFromVendors`	$2.50M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$2.25M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$4.60M	USD	2 Qtrs
Common stock surrendered for withholding taxes payable	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.15M	USD	2 Qtrs
Common stock surrendered for withholding taxes payable	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.29M	USD	2 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$844.00K	USD	2 Qtrs
Proceeds from common stock issued	`ProceedsFromIssuanceOfCommonStock`	$5.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.80M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.24M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-169.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.00K	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.06M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-6.46M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.80M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.77M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.23M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.74M	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`	$14.77M	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`	$15.74M	USD	Point-in-time

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$153.08M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$167.47M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$163.38M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$148.63M	USD	Point-in-time
Net income	`ProfitLoss`	$3.91M	USD	2 Qtrs
Net income	`ProfitLoss`	$3.98M	USD	1 Quarter
Net income	`ProfitLoss`	$20.88M	USD	Annual
Net income	`ProfitLoss`	$2.94M	USD	1 Quarter
Net income	`ProfitLoss`	$8.96M	USD	2 Qtrs
Acquisition of subsidiary with non-controlling interest	`NoncontrollingInterestIncreaseFromBusinessCombination`	$4.53M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.21M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$-106.00K	USD	2 Qtrs
Unrealized gain on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$41.00K	USD	1 Quarter
Unrealized gain on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$56.00K	USD	2 Qtrs
Unrealized gain on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-55.00K	USD	Annual
Unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-43.00K	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$64.00K	USD	2 Qtrs
Unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$91.00K	USD	2 Qtrs
Unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$20.00K	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-26.00K	USD	Annual
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	2 Qtrs
Common stock surrendered for the cost of stock option exercises and withholding taxes payable	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.53M	USD	Annual
Common stock repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$844.00K	USD	2 Qtrs
Dividends paid	`DividendsCash`	$2.25M	USD	2 Qtrs
Dividends paid	`DividendsCash`	$6.84M	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$153.08M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$167.47M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$163.38M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$148.63M	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$3.91M	USD	2 Qtrs
Net income	`ProfitLoss`	$3.98M	USD	1 Quarter
Net income	`ProfitLoss`	$20.88M	USD	Annual
Net income	`ProfitLoss`	$2.94M	USD	1 Quarter
Net income	`ProfitLoss`	$8.96M	USD	2 Qtrs
Unrealized holding (losses) gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.00K	USD	2 Qtrs
Unrealized holding (losses) gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$20.00K	USD	1 Quarter
Unrealized holding (losses) gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-43.00K	USD	1 Quarter
Unrealized holding (losses) gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$64.00K	USD	2 Qtrs
Reclassification adjustment for realized loss (gain) on investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-94.00K	USD	2 Qtrs
Total unrealized (loss) gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-43.00K	USD	1 Quarter
Total unrealized (loss) gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$64.00K	USD	2 Qtrs
Total unrealized (loss) gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$91.00K	USD	2 Qtrs
Total unrealized (loss) gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$20.00K	USD	1 Quarter
Total unrealized (loss) gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-26.00K	USD	Annual
Unrealized holding (loss) gain on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-8.00K	USD	2 Qtrs
Unrealized holding (loss) gain on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$17.00K	USD	1 Quarter
Reclassification adjustment for realized loss on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-64.00K	USD	2 Qtrs
Reclassification adjustment for realized loss on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-24.00K	USD	1 Quarter
Total unrealized gain on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$41.00K	USD	1 Quarter
Total unrealized gain on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$56.00K	USD	2 Qtrs
Total unrealized gain on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-55.00K	USD	Annual
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$147.00K	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$20.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$64.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$9.02M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.94M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.06M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.00M	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$19.00K	USD	2 Qtrs
Less: Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.00K	USD	1 Quarter
Comprehensive income attributable to Culp, Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$2.93M	USD	1 Quarter
Comprehensive income attributable to Culp, Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$4.00M	USD	1 Quarter
Comprehensive income attributable to Culp, Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$4.04M	USD	2 Qtrs
Comprehensive income attributable to Culp, Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$9.02M	USD	2 Qtrs

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