10-Q Filing

CULP INC CIK: 723603 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-056795`
Period End Date	20201031
Filing Date	20201211
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	culp-10q_20201101_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 147 Income Statement 88 Cash Flow Statement 81 Stockholders Equity 35 Comprehensive Income 22

Balance Sheet 147 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`	$46.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$69.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$45.29M	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
Short-term investments - held-to-maturity	`HeldToMaturitySecuritiesCurrent`	$4.27M	USD	Point-in-time
Short-term investments - held-to-maturity	`HeldToMaturitySecuritiesCurrent`	$5.00M	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
Common stock, authorized shares	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Short-term investments - available for sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$5.46M	USD	Point-in-time
Short-term investments - available for sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$923.00K	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`	$32.96M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$25.09M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	12.30M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	12.41M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	12.28M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$23.89M	USD	Point-in-time
Inventories	`InventoryNet`	$47.91M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	12.41M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	12.28M	shares	Point-in-time
Inventories	`InventoryNet`	$47.73M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	12.30M	shares	Point-in-time
Inventories	`InventoryNet`	$51.44M	USD	Point-in-time
Current income taxes receivable	`IncomeTaxesReceivable`	$1.58M	USD	Point-in-time
Current income taxes receivable	`IncomeTaxesReceivable`	$776.00K	USD	Point-in-time
Current assets - discontinued operation	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$4.76M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.12M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.75M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.51M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$151.69M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$139.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$130.57M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$41.60M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$43.15M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$45.22M	USD	Point-in-time
Goodwill	`Goodwill`	$13.57M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$3.19M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$3.71M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$3.38M	USD	Point-in-time
Long-term investments - rabbi trust	`AvailableForSaleSecuritiesNoncurrent`	$7.58M	USD	Point-in-time
Long-term investments - rabbi trust	`AvailableForSaleSecuritiesNoncurrent`	$7.83M	USD	Point-in-time
Long-term investments - rabbi trust	`AvailableForSaleSecuritiesNoncurrent`	$8.06M	USD	Point-in-time
Long-term investments - held-to-maturity	`HeldToMaturitySecuritiesNoncurrent`	$2.08M	USD	Point-in-time
Long-term investments - held-to-maturity	`HeldToMaturitySecuritiesNoncurrent`	$759.00K	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$4.88M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$6.17M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$3.90M	USD	Point-in-time
Noncurrent income taxes receivable	`IncomeTaxesReceivableNoncurrent`	$733.00K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$793.00K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$511.00K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$645.00K	USD	Point-in-time
Investment in unconsolidated joint venture	`EquityMethodInvestments`	$1.86M	USD	Point-in-time
Investment in unconsolidated joint venture	`EquityMethodInvestments`	$1.60M	USD	Point-in-time
Investment in unconsolidated joint venture	`EquityMethodInvestments`	$1.50M	USD	Point-in-time
Long-term note receivable affiliated with discontinued operation	`LongTermNoteReceivableAffiliatedWithDiscontinuedOperation`	$1.80M	USD	Point-in-time
Noncurrent assets - discontinued operation	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	$22.95M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$664.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$496.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$547.00K	USD	Point-in-time
Total assets	`Assets`	$215.08M	USD	Point-in-time
Total assets	`Assets`	$202.78M	USD	Point-in-time
Total assets	`Assets`	$233.52M	USD	Point-in-time
Line of credit - China operations	`LinesOfCreditCurrent`	$1.01M	USD	Point-in-time
Paycheck Protection Program Loan	`ShortTermBorrowings`	$7.61M	USD	Point-in-time
Accounts payable - trade	`AccountsPayableTradeCurrent`	$23.00M	USD	Point-in-time
Accounts payable - trade	`AccountsPayableTradeCurrent`	$26.34M	USD	Point-in-time
Accounts payable - trade	`AccountsPayableTradeCurrent`	$38.25M	USD	Point-in-time
Accounts payable - capital expenditures	`AccountsPayableCapitalExpendituresCurrent`	$107.00K	USD	Point-in-time
Accounts payable - capital expenditures	`AccountsPayableCapitalExpendituresCurrent`	$68.00K	USD	Point-in-time
Accounts payable - capital expenditures	`AccountsPayableCapitalExpendituresCurrent`	$398.00K	USD	Point-in-time
Operating lease liability - current	`OperatingLeaseLiabilityCurrent`	$1.80M	USD	Point-in-time
Operating lease liability - current	`OperatingLeaseLiabilityCurrent`	$2.09M	USD	Point-in-time
Operating lease liability - current	`OperatingLeaseLiabilityCurrent`	$2.32M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$502.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$399.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$375.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$375.00K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$8.26M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$11.68M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$5.69M	USD	Point-in-time
Accrued restructuring costs	`RestructuringReserveCurrent`	$35.00K	USD	Point-in-time
Current liabilities - Discontinued operation	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$1.91M	USD	Point-in-time
Income taxes payable - current	`AccruedIncomeTaxesCurrent`	$395.00K	USD	Point-in-time
Income taxes payable - current	`AccruedIncomeTaxesCurrent`	$1.54M	USD	Point-in-time
Income taxes payable - current	`AccruedIncomeTaxesCurrent`	$1.41M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$40.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$54.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$40.94M	USD	Point-in-time
Line of credit - U.S. operations	`LongTermLineOfCredit`	$29.75M	USD	Point-in-time
Accrued expenses - long-term	`AccruedLiabilitiesNoncurrent`	$333.00K	USD	Point-in-time
Accrued expenses - long-term	`AccruedLiabilitiesNoncurrent`	$167.00K	USD	Point-in-time
Operating lease liability - noncurrent	`OperatingLeaseLiabilityNoncurrent`	$2.61M	USD	Point-in-time
Operating lease liability - noncurrent	`OperatingLeaseLiabilityNoncurrent`	$2.02M	USD	Point-in-time
Operating lease liability - noncurrent	`OperatingLeaseLiabilityNoncurrent`	$4.01M	USD	Point-in-time
Income taxes payable - long-term	`AccruedIncomeTaxesNoncurrent`	$3.80M	USD	Point-in-time
Income taxes payable - long-term	`AccruedIncomeTaxesNoncurrent`	$3.33M	USD	Point-in-time
Income taxes payable - long-term	`AccruedIncomeTaxesNoncurrent`	$3.44M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$3.28M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.82M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$6.09M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$8.00M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$7.43M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$7.72M	USD	Point-in-time
Contingent consideration affiliated with discontinued operation	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$6.01M	USD	Point-in-time
Noncurrent liabilities - discontinued operation	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$3.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$75.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$85.39M	USD	Point-in-time
Total liabilities	`Liabilities`	$67.60M	USD	Point-in-time
Commitments and Contingencies (Notes 10, 17 and 18)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Notes 10, 17 and 18)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Notes 10, 17 and 18)	`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 12,303,023 at November 1, 2020; 12,411,957 at November 3, 2019; and 12,284,946 at May 3, 2020	`CommonStockValue`	$621.00K	USD	Point-in-time
Common stock, $0.05 par value, authorized 40,000,000 shares, issued and outstanding 12,303,023 at November 1, 2020; 12,411,957 at November 3, 2019; and 12,284,946 at May 3, 2020	`CommonStockValue`	$615.00K	USD	Point-in-time
Common stock, $0.05 par value, authorized 40,000,000 shares, issued and outstanding 12,303,023 at November 1, 2020; 12,411,957 at November 3, 2019; and 12,284,946 at May 3, 2020	`CommonStockValue`	$615.00K	USD	Point-in-time
Capital contributed in excess of par value	`AdditionalPaidInCapitalCommonStock`	$44.11M	USD	Point-in-time
Capital contributed in excess of par value	`AdditionalPaidInCapitalCommonStock`	$43.03M	USD	Point-in-time
Capital contributed in excess of par value	`AdditionalPaidInCapitalCommonStock`	$42.58M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$116.73M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$86.51M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$83.58M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$55.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$26.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.00K	USD	Point-in-time
Total shareholders' equity attributable to Culp, Inc.	`StockholdersEquity`	$129.70M	USD	Point-in-time
Total shareholders' equity attributable to Culp, Inc.	`StockholdersEquity`	$127.25M	USD	Point-in-time
Total shareholders' equity attributable to Culp, Inc.	`StockholdersEquity`	$161.52M	USD	Point-in-time
Noncontrolling interest - discontinued operation	`MinorityInterest`	$4.40M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$127.25M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.25M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$165.92M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$129.70M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$125.87M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.34M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$202.78M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$233.52M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$215.08M	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$76.85M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$140.27M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$141.31M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$69.55M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$117.15M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$114.33M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$56.02M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$62.59M	USD	1 Quarter
Gross profit from continuing operations	`GrossProfit`	$24.16M	USD	2 Qtrs
Gross profit from continuing operations	`GrossProfit`	$13.53M	USD	1 Quarter
Gross profit from continuing operations	`GrossProfit`	$14.26M	USD	1 Quarter
Gross profit from continuing operations	`GrossProfit`	$25.94M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$9.12M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$18.27M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$9.74M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$17.76M	USD	2 Qtrs
Restructuring credit	`RestructuringCreditExpense`	$-35.00K	USD	2 Qtrs
Income from continuing operations	`OperatingIncomeLoss`	$4.52M	USD	1 Quarter
Income from continuing operations	`OperatingIncomeLoss`	$4.41M	USD	1 Quarter
Income from continuing operations	`OperatingIncomeLoss`	$6.40M	USD	2 Qtrs
Income from continuing operations	`OperatingIncomeLoss`	$7.71M	USD	2 Qtrs
Interest expense	`InterestExpense`	$51.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$21.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$21.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$518.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$258.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$117.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$59.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-99.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-1.05M	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-194.00K	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-680.00K	USD	1 Quarter
Income before income taxes from continuing operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.55M	USD	1 Quarter
Income before income taxes from continuing operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$8.01M	USD	2 Qtrs
Income before income taxes from continuing operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.90M	USD	1 Quarter
Income before income taxes from continuing operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.42M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$5.94M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$2.28M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.61M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.97M	USD	2 Qtrs
Income (loss) from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-3.00K	USD	2 Qtrs
Income (loss) from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$100.00K	USD	1 Quarter
Income (loss) from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-16.00K	USD	1 Quarter
Income (loss) from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$167.00K	USD	2 Qtrs
Net (loss) income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-349.00K	USD	2 Qtrs
Net (loss) income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$4.04M	USD	2 Qtrs
Net (loss) income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.38M	USD	1 Quarter
Net (loss) income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.25M	USD	1 Quarter
Loss before income taxes from discontinued operation	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-441.00K	USD	1 Quarter
Loss before income taxes from discontinued operation	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-1.06M	USD	2 Qtrs
Income tax benefit	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$-392.00K	USD	2 Qtrs
Income tax benefit	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$-381.00K	USD	1 Quarter
Net loss from discontinued operation	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-60.00K	USD	1 Quarter
Net loss from discontinued operation	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-670.00K	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$2.38M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-349.00K	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$3.37M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$2.19M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$1.17M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-2.73M	USD	1 Quarter
Net (loss) income from continuing operations per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.18	USD	1 Quarter
Net (loss) income from continuing operations per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.03	USD	2 Qtrs
Net (loss) income from continuing operations per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.33	USD	2 Qtrs
Net (loss) income from continuing operations per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.19	USD	1 Quarter
Net (loss) income from continuing operations per share - diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.03	USD	2 Qtrs
Net (loss) income from continuing operations per share - diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.33	USD	2 Qtrs
Net (loss) income from continuing operations per share - diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.18	USD	1 Quarter
Net (loss) income from continuing operations per share - diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.19	USD	1 Quarter
Net loss from discontinued operation per share - basic	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.05	USD	2 Qtrs
Net loss from discontinued operation per share - basic	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Net loss from discontinued operation per share - diluted	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Net loss from discontinued operation per share - diluted	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.05	USD	2 Qtrs
Net (loss) income per share - basic	`EarningsPerShareBasic`	$-0.03	USD	2 Qtrs
Net (loss) income per share - basic	`EarningsPerShareBasic`	$0.27	USD	2 Qtrs
Net (loss) income per share - basic	`EarningsPerShareBasic`	$0.18	USD	1 Quarter
Net (loss) income per share - basic	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Net (loss) income per share - diluted	`EarningsPerShareDiluted`	$0.27	USD	2 Qtrs
Net (loss) income per share - diluted	`EarningsPerShareDiluted`	$0.18	USD	1 Quarter
Net (loss) income per share - diluted	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Net (loss) income per share - diluted	`EarningsPerShareDiluted`	$-0.03	USD	2 Qtrs
Average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.29M	shares	2 Qtrs
Average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.30M	shares	1 Quarter
Average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.40M	shares	2 Qtrs
Average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.41M	shares	1 Quarter
Average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.29M	shares	2 Qtrs
Average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.41M	shares	1 Quarter
Average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.32M	shares	1 Quarter
Average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.41M	shares	2 Qtrs

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$2.38M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-349.00K	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$3.37M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$2.19M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$1.17M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-2.73M	USD	1 Quarter
Depreciation	`Depreciation`	$3.89M	USD	2 Qtrs
Depreciation	`Depreciation`	$3.54M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$235.00K	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$353.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$474.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$467.00K	USD	2 Qtrs
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.20M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitFromContinuingAndDiscontinuedOperations`	$4.42M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitFromContinuingAndDiscontinuedOperations`	$53.00K	USD	2 Qtrs
Gain on disposal of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$93.00K	USD	2 Qtrs
Realized loss on short-term investments available for sale	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$-6.00K	USD	2 Qtrs
(Income) loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-3.00K	USD	2 Qtrs
(Income) loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$100.00K	USD	1 Quarter
(Income) loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-16.00K	USD	1 Quarter
(Income) loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$167.00K	USD	2 Qtrs
Foreign currency exchange loss (gain)	`ForeignCurrencyTransactionGainLossUnrealized`	$106.00K	USD	2 Qtrs
Foreign currency exchange loss (gain)	`ForeignCurrencyTransactionGainLossUnrealized`	$-723.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.66M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$835.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-602.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.80M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$31.00K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.18M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$40.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-133.00K	USD	2 Qtrs
Accounts payable trade	`IncreaseDecreaseInAccountsPayableTrade`	$14.16M	USD	2 Qtrs
Accounts payable trade	`IncreaseDecreaseInAccountsPayableTrade`	$3.56M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-127.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-24.00K	USD	2 Qtrs
Accrued expenses and deferred compensation	`IncreaseDecreaseInAccruedLiabilitiesAndDeferredCompensation`	$1.62M	USD	2 Qtrs
Accrued expenses and deferred compensation	`IncreaseDecreaseInAccruedLiabilitiesAndDeferredCompensation`	$6.02M	USD	2 Qtrs
Accrued restructuring costs	`IncreaseDecreaseInRestructuringReserve`	$-89.00K	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$2.05M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$770.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.25M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$22.70M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$2.41M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$2.04M	USD	2 Qtrs
Proceeds from the sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$363.00K	USD	2 Qtrs
Proceeds from the sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.00K	USD	2 Qtrs
Investment in unconsolidated joint venture	`PaymentsToAcquireInterestInJointVenture`	$90.00K	USD	2 Qtrs
Proceeds from the maturity of short-term investments (Held to Maturity)	`ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities`	$1.80M	USD	2 Qtrs
Proceeds from the maturity of short-term investments (Held to Maturity)	`ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities`	$5.00M	USD	2 Qtrs
Purchase of short-term and long-term investments (Held to Maturity)	`PaymentsToAcquireInvestments`	$1.25M	USD	2 Qtrs
Purchase of short-term investments (Available for Sale)	`PaymentsToAcquireShortTermInvestments`	$5.01M	USD	2 Qtrs
Proceeds from the sale of short-term investments (Available for Sale)	`ProceedsFromSaleOfShortTermInvestments`	$455.00K	USD	2 Qtrs
Proceeds from the sale of long-term investments (rabbi trust)	`ProceedsFromSaleOfLongtermInvestments`	$77.00K	USD	2 Qtrs
Purchase of long-term investments (rabbi trust)	`PaymentsToAcquireLongtermInvestments`	$479.00K	USD	2 Qtrs
Purchase of long-term investments (rabbi trust)	`PaymentsToAcquireLongtermInvestments`	$257.00K	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.47M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.30M	USD	2 Qtrs
Payments associated with lines of credit	`RepaymentsOfLinesOfCredit`	$30.77M	USD	2 Qtrs
Payments associated with Paycheck Protection Program Loan	`PaymentsAssociatedWithPaycheckProtectionProgramLoan`	$7.61M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$2.58M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$2.48M	USD	2 Qtrs
Cash paid for acquisition of business	`PaymentsToAcquireBusinessesFinancingActivities`	$1.53M	USD	2 Qtrs
Proceeds from subordinated loan payable associated with the noncontrolling interest of discontinued operation	`ProceedsFromSubordinatedLoanPayableAssociatedWithTheNoncontrollingInterestOfDiscontinuedOperation`	$250.00K	USD	2 Qtrs
Capital contribution from noncontrolling interest associated with discontinued operation	`ProceedsFromCapitalContributionAssociatedWithTheNoncontrollingInterestOfDiscontinuedOperation`	$360.00K	USD	2 Qtrs
Common stock surrendered for withholding taxes payable	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$51.00K	USD	2 Qtrs
Common stock surrendered for withholding taxes payable	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.00K	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$15.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-41.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.46M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$95.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-91.00K	USD	2 Qtrs
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.17M	USD	2 Qtrs
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-24.50M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$40.01M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$45.29M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$47.18M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$69.79M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$40.01M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$45.29M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$47.18M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$69.79M	USD	Point-in-time

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$127.25M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.25M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$165.92M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$129.70M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$125.87M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.34M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$2.38M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-349.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$3.37M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$2.19M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.17M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.73M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$348.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$154.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$313.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$126.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$6.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$69.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-33.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$9.00K	USD	1 Quarter
Common stock surrendered for withholding taxes payable	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.00K	USD	1 Quarter
Common stock surrendered for withholding taxes payable	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$44.00K	USD	1 Quarter
Common stock surrendered for withholding taxes payable	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.00K	USD	1 Quarter
Dividends paid	`DividendsCash`	$1.24M	USD	1 Quarter
Dividends paid	`DividendsCash`	$1.29M	USD	1 Quarter
Dividends paid	`DividendsCash`	$1.29M	USD	1 Quarter
Dividends paid	`DividendsCash`	$1.24M	USD	1 Quarter
Capital contribution from non-controlling interest associated with discontinued operation	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$320.00K	USD	1 Quarter
Capital contribution from non-controlling interest associated with discontinued operation	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$40.00K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$127.25M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.25M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$165.92M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$129.70M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$125.87M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.34M	USD	Point-in-time

Comprehensive Income 22 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$2.38M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-349.00K	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$3.37M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$2.19M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$1.17M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-2.73M	USD	1 Quarter
Unrealized holding (losses) gains on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$15.00K	USD	2 Qtrs
Unrealized holding (losses) gains on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$30.00K	USD	2 Qtrs
Unrealized holding (losses) gains on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$9.00K	USD	1 Quarter
Unrealized holding (losses) gains on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-39.00K	USD	1 Quarter
Reclassification adjustment for realized loss on investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-6.00K	USD	1 Quarter
Reclassification adjustment for realized loss on investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-6.00K	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.38M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.35M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-313.00K	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.20M	USD	1 Quarter
Plus: Comprehensive loss attributable to noncontrolling interest associated with discontinued operation	`ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestAssociatedWithDiscontinuedOperation`	$-272.00K	USD	2 Qtrs
Plus: Comprehensive loss attributable to noncontrolling interest associated with discontinued operation	`ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestAssociatedWithDiscontinuedOperation`	$-108.00K	USD	1 Quarter
Comprehensive (loss) income attributable to Culp, Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$2.35M	USD	1 Quarter
Comprehensive (loss) income attributable to Culp, Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$3.65M	USD	2 Qtrs
Comprehensive (loss) income attributable to Culp, Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$-313.00K	USD	2 Qtrs
Comprehensive (loss) income attributable to Culp, Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$2.31M	USD	1 Quarter

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