10-Q Filing

CULP INC CIK: 723603 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001157523-19-001969`
Period End Date	20190731
Filing Date	20190913
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	culp-20190804.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 145 Income Statement 38 Cash Flow Statement 74 Stockholders Equity 22 Comprehensive Income 18

Balance Sheet 145 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.24M	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
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.01M	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 - Held-To-Maturity	`HeldToMaturitySecuritiesCurrent`	$5.00M	USD	Point-in-time
Short-term investments - Held-To-Maturity	`HeldToMaturitySecuritiesCurrent`	$30.76M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.05	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$23.75M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$24.09M	USD	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, authorized shares	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Inventories	`InventoryNet`	$50.66M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	12.39M	shares	Point-in-time
Inventories	`InventoryNet`	$54.99M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	12.41M	shares	Point-in-time
Inventories	`InventoryNet`	$50.86M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	12.52M	shares	Point-in-time
Current income taxes receivable	`IncomeTaxesReceivable`	$776.00K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	12.41M	shares	Point-in-time
Current income taxes receivable	`IncomeTaxesReceivable`	$776.00K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	12.52M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	12.39M	shares	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$100.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.85M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.85M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.58M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$122.44M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$121.42M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$123.25M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$47.29M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$48.39M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$53.18M	USD	Point-in-time
Goodwill	`Goodwill`	$27.22M	USD	Point-in-time
Goodwill	`Goodwill`	$27.22M	USD	Point-in-time
Goodwill	`Goodwill`	$27.22M	USD	Point-in-time
Goodwill	`Goodwill`	$13.57M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$10.45M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$10.73M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$10.35M	USD	Point-in-time
Long-term investments - Rabbi Trust	`AvailableForSaleSecuritiesNoncurrent`	$7.08M	USD	Point-in-time
Long-term investments - Rabbi Trust	`AvailableForSaleSecuritiesNoncurrent`	$7.35M	USD	Point-in-time
Long-term investments - Rabbi Trust	`AvailableForSaleSecuritiesNoncurrent`	$7.67M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$6.53M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$7.19M	USD	Point-in-time
Noncurrent income taxes receivable	`IncomeTaxesReceivableNoncurrent`	$733.00K	USD	Point-in-time
Noncurrent income taxes receivable	`IncomeTaxesReceivableNoncurrent`	$733.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$457.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$3.72M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$486.00K	USD	Point-in-time
Investment in unconsolidated joint venture	`EquityMethodInvestments`	$1.51M	USD	Point-in-time
Investment in unconsolidated joint venture	`EquityMethodInvestments`	$1.52M	USD	Point-in-time
Investment in unconsolidated joint venture	`EquityMethodInvestments`	$1.52M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$643.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$910.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$526.00K	USD	Point-in-time
Total assets	`Assets`	$226.37M	USD	Point-in-time
Total assets	`Assets`	$224.45M	USD	Point-in-time
Total assets	`Assets`	$219.73M	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$24.38M	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$22.63M	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$25.07M	USD	Point-in-time
Accounts payable - capital expenditures	`AccountsPayableCapitalExpendituresCurrent`	$78.00K	USD	Point-in-time
Accounts payable - capital expenditures	`AccountsPayableCapitalExpendituresCurrent`	$862.00K	USD	Point-in-time
Accounts payable - capital expenditures	`AccountsPayableCapitalExpendituresCurrent`	$60.00K	USD	Point-in-time
Operating lease liability - current	`OperatingLeaseLiabilityCurrent`	$2.46M	USD	Point-in-time
Operating lease liability - current	`OperatingLeaseLiabilityCurrent`	$2.63M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$684.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$809.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$399.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$634.00K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$8.57M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$9.19M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$8.18M	USD	Point-in-time
Accrued restructuring costs	`RestructuringReserveCurrent`	$445.00K	USD	Point-in-time
Accrued restructuring costs	`RestructuringReserveCurrent`	$42.00K	USD	Point-in-time
Accrued restructuring costs	`RestructuringReserveCurrent`	$124.00K	USD	Point-in-time
Income taxes payable - current	`AccruedIncomeTaxesCurrent`	$1.02M	USD	Point-in-time
Income taxes payable - current	`AccruedIncomeTaxesCurrent`	$1.12M	USD	Point-in-time
Income taxes payable - current	`AccruedIncomeTaxesCurrent`	$1.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$36.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$35.19M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$35.55M	USD	Point-in-time
Line of credit	`LongTermLineOfCredit`	$4.00M	USD	Point-in-time
Accrued expenses - long-term	`AccruedLiabilitiesNoncurrent`	$749.00K	USD	Point-in-time
Accrued expenses - long-term	`AccruedLiabilitiesNoncurrent`	$333.00K	USD	Point-in-time
Accrued expenses - long-term	`AccruedLiabilitiesNoncurrent`	$333.00K	USD	Point-in-time
Subordinated loan payable	`SubordinatedLongTermDebt`	$675.00K	USD	Point-in-time
Subordinated loan payable	`SubordinatedLongTermDebt`	$925.00K	USD	Point-in-time
Operating lease liability - noncurrent	`OperatingLeaseLiabilityNoncurrent`	$3.96M	USD	Point-in-time
Operating lease liability - noncurrent	`OperatingLeaseLiabilityNoncurrent`	$4.47M	USD	Point-in-time
Contingent consideration - earn-out obligation	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$5.93M	USD	Point-in-time
Contingent consideration - earn-out obligation	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$5.86M	USD	Point-in-time
Contingent consideration - earn-out obligation	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$5.60M	USD	Point-in-time
Income taxes payable - long-term	`AccruedIncomeTaxesNoncurrent`	$3.73M	USD	Point-in-time
Income taxes payable - long-term	`AccruedIncomeTaxesNoncurrent`	$3.25M	USD	Point-in-time
Income taxes payable - long-term	`AccruedIncomeTaxesNoncurrent`	$3.64M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$3.18M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$2.15M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$2.54M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$7.23M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$7.00M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$7.68M	USD	Point-in-time
Total liabilities	`Liabilities`	$55.48M	USD	Point-in-time
Total liabilities	`Liabilities`	$60.11M	USD	Point-in-time
Total liabilities	`Liabilities`	$60.34M	USD	Point-in-time
Commitments and Contingencies (Notes 13, 19 and 20)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Notes 13, 19 and 20)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Notes 13, 19 and 20)	`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 12,405,014 at August 4, 2019; 12,522,246 at July 29, 2018; and 12,391,160 at April 28, 2019	`CommonStockValue`	$627.00K	USD	Point-in-time
Common stock, $0.05 par value, authorized 40,000,000 shares, issued and outstanding 12,405,014 at August 4, 2019; 12,522,246 at July 29, 2018; and 12,391,160 at April 28, 2019	`CommonStockValue`	$621.00K	USD	Point-in-time
Common stock, $0.05 par value, authorized 40,000,000 shares, issued and outstanding 12,405,014 at August 4, 2019; 12,522,246 at July 29, 2018; and 12,391,160 at April 28, 2019	`CommonStockValue`	$620.00K	USD	Point-in-time
Capital contributed in excess of par value	`AdditionalPaidInCapitalCommonStock`	$43.69M	USD	Point-in-time
Capital contributed in excess of par value	`AdditionalPaidInCapitalCommonStock`	$43.80M	USD	Point-in-time
Capital contributed in excess of par value	`AdditionalPaidInCapitalCommonStock`	$46.33M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$114.47M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$115.58M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$115.68M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$64.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$40.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$46.00K	USD	Point-in-time
Total shareholders' equity attributable to Culp Inc.	`StockholdersEquity`	$159.93M	USD	Point-in-time
Total shareholders' equity attributable to Culp Inc.	`StockholdersEquity`	$160.15M	USD	Point-in-time
Total shareholders' equity attributable to Culp Inc.	`StockholdersEquity`	$161.49M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$4.31M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$4.54M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$4.19M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$163.38M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.25M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.34M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.03M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$226.37M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$224.45M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$219.73M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$74.85M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$71.47M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$61.48M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$60.91M	USD	1 Quarter
Gross profit	`GrossProfit`	$13.37M	USD	1 Quarter
Gross profit	`GrossProfit`	$10.56M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$8.03M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$10.71M	USD	1 Quarter
Restructuring (credit) expense	`RestructuringCredit`	$35.00K	USD	1 Quarter
Restructuring (credit) expense	`RestructuringCredit`	$-451.00K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.08M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.69M	USD	1 Quarter
Interest expense	`InterestExpense`	$20.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$9.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$249.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$150.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-87.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-257.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.84M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.95M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$1.68M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$906.00K	USD	1 Quarter
(Income) loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-77.00K	USD	1 Quarter
(Income) loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$13.00K	USD	1 Quarter
Net income	`ProfitLoss`	$965.00K	USD	1 Quarter
Net income	`ProfitLoss`	$1.17M	USD	1 Quarter
Net loss (income) attributable to non-controlling interest	`IncomeLossAttributableToNoncontrollingInterest`	$-164.00K	USD	1 Quarter
Net loss (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`	$1.34M	USD	1 Quarter
Net income attributable to Culp Inc. common shareholders per share - basic	`EarningsPerShareBasic`	$0.11	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 - diluted	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Net income attributable to Culp Inc. common shareholders per share - diluted	`EarningsPerShareDiluted`	$0.11	USD	1 Quarter
Average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.51M	shares	1 Quarter
Average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.40M	shares	1 Quarter
Average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.41M	shares	1 Quarter
Average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.60M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$965.00K	USD	1 Quarter
Net income	`ProfitLoss`	$1.17M	USD	1 Quarter
Depreciation	`Depreciation`	$2.02M	USD	1 Quarter
Depreciation	`Depreciation`	$1.91M	USD	1 Quarter
Amortization of assets	`AdjustmentForAmortization`	$176.00K	USD	1 Quarter
Amortization of assets	`AdjustmentForAmortization`	$145.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$154.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$-501.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-662.00K	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
(Gain) loss on disposal of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-35.00K	USD	1 Quarter
(Gain) loss on disposal of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$17.00K	USD	1 Quarter
(Income) loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-77.00K	USD	1 Quarter
(Income) loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$13.00K	USD	1 Quarter
Foreign currency exchange gain	`ForeignCurrencyTransactionGainLossUnrealized`	$47.00K	USD	1 Quarter
Foreign currency exchange gain	`ForeignCurrencyTransactionGainLossUnrealized`	$91.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.84M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$375.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$25.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$429.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$989.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-161.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-111.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-34.00K	USD	1 Quarter
Accounts payable - trade	`IncreaseDecreaseInAccountsPayableTrade`	$-2.49M	USD	1 Quarter
Accounts payable - trade	`IncreaseDecreaseInAccountsPayableTrade`	$-1.47M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-175.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$285.00K	USD	1 Quarter
Accrued expenses and deferred compensation	`IncreaseDecreaseInAccruedLiabilitiesAndDeferredCompensation`	$222.00K	USD	1 Quarter
Accrued expenses and deferred compensation	`IncreaseDecreaseInAccruedLiabilitiesAndDeferredCompensation`	$-1.57M	USD	1 Quarter
Accrued restructuring costs	`IncreaseDecreaseInRestructuringReserve`	$-82.00K	USD	1 Quarter
Accrued restructuring costs	`IncreaseDecreaseInRestructuringReserve`	$445.00K	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$524.00K	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$-75.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.02M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.94M	USD	1 Quarter
Net cash paid for acquisition of businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$11.97M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$757.00K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$935.00K	USD	1 Quarter
Proceeds from the sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$209.00K	USD	1 Quarter
Investment in unconsolidated joint venture	`PaymentsToAcquireInterestInJointVenture`	$100.00K	USD	1 Quarter
Proceeds from the sale of short-term investments (Held to Maturity)	`ProceedsFromSaleOfHeldToMaturitySecurities`	$5.00M	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`	$10.00K	USD	1 Quarter
Purchase of long-term investments (Rabbi Trust)	`PaymentsToAcquireLongtermInvestments`	$259.00K	USD	1 Quarter
Purchase of long-term investments (Rabbi Trust)	`PaymentsToAcquireLongtermInvestments`	$302.00K	USD	1 Quarter
Net cash used provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$4.01M	USD	1 Quarter
Net cash used provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.68M	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`	$1.41M	USD	1 Quarter
Proceeds from subordinated loan payable	`ProceedsFromIssuanceOfSubordinatedLongTermDebt`	$250.00K	USD	1 Quarter
Cash paid for acquisition of business	`PaymentsToAcquireBusinessesFinancingActivities`	$763.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$1.24M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$1.13M	USD	1 Quarter
Common stock surrendered for withholding taxes payable	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.29M	USD	1 Quarter
Common stock surrendered for withholding taxes payable	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$44.00K	USD	1 Quarter
Capital contribution from non-controlling interest	`ProceedsFromMinorityShareholders`	$40.00K	USD	1 Quarter
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$72.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.76M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$97.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-52.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-114.00K	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-12.63M	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.23M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$40.01M	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`	$44.24M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.23M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$40.01M	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`	$44.24M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.23M	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$163.38M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.25M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.34M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.03M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$965.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.17M	USD	1 Quarter
Acquisition of subsidiary with non-controlling interest	`NoncontrollingInterestIncreaseFromBusinessCombination`	$4.53M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$154.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$-501.00K	USD	1 Quarter
Unrealized gain on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$15.00K	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$134.00K	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$6.00K	USD	1 Quarter
Common stock surrendered for withholding taxes payable	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$44.00K	USD	1 Quarter
Common stock surrendered for withholding taxes payable	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.29M	USD	1 Quarter
Common stock repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$72.00K	USD	1 Quarter
Dividends paid	`DividendsCash`	$1.13M	USD	1 Quarter
Dividends paid	`DividendsCash`	$1.24M	USD	1 Quarter
Capital contribution from non-controlling interest	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$40.00K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$163.38M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.25M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.34M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.03M	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$965.00K	USD	1 Quarter
Net income	`ProfitLoss`	$1.17M	USD	1 Quarter
Unrealized holding gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$6.00K	USD	1 Quarter
Unrealized holding gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$40.00K	USD	1 Quarter
Reclassification adjustment for realized loss on investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-94.00K	USD	1 Quarter
Total unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$134.00K	USD	1 Quarter
Total unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$6.00K	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`	$15.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$149.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$6.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.18M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.11M	USD	1 Quarter
Comprehensive loss (income) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-164.00K	USD	1 Quarter
Comprehensive loss (income) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$8.00K	USD	1 Quarter
Comprehensive income attributable to Culp, Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$1.11M	USD	1 Quarter
Comprehensive income attributable to Culp, Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$1.34M	USD	1 Quarter

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