10-K Filing

CULP INC CIK: 723603 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001564590-21-036807`
Period End Date	20210430
Filing Date	20210716
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	culp-10k_20210502_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 65 Cash Flow Statement 132 Stockholders Equity 28 Comprehensive Income 26

Balance Sheet 91 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, 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`	$69.79M	USD	Point-in-time
cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.01M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.05	USD	Point-in-time
short-term investments - available for sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$923.00K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.05	USD	Point-in-time
short-term investments - available for sale	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$5.54M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
short-term investments - held to maturity	`HeldToMaturitySecuritiesCurrent`	$3.16M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
short-term investments - held to maturity	`HeldToMaturitySecuritiesCurrent`	$4.27M	USD	Point-in-time
accounts receivable, net	`AccountsReceivableNetCurrent`	$37.73M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	12.28M	shares	Point-in-time
accounts receivable, net	`AccountsReceivableNetCurrent`	$25.09M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	12.31M	shares	Point-in-time
inventories	`InventoryNet`	$47.91M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	12.31M	shares	Point-in-time
inventories	`InventoryNet`	$55.92M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	12.28M	shares	Point-in-time
current income taxes receivable	`IncomeTaxesReceivable`	$1.58M	USD	Point-in-time
other current assets	`OtherAssetsCurrent`	$3.85M	USD	Point-in-time
other current assets	`OtherAssetsCurrent`	$2.12M	USD	Point-in-time
total current assets	`AssetsCurrent`	$151.69M	USD	Point-in-time
total current assets	`AssetsCurrent`	$143.21M	USD	Point-in-time
property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$44.00M	USD	Point-in-time
property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$43.15M	USD	Point-in-time
intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$3.00M	USD	Point-in-time
intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$3.38M	USD	Point-in-time
long-term investments - rabbi trust	`AvailableForSaleSecuritiesNoncurrent`	$7.83M	USD	Point-in-time
long-term investments - rabbi trust	`AvailableForSaleSecuritiesNoncurrent`	$8.41M	USD	Point-in-time
long-term investments - held-to-maturity	`HeldToMaturitySecuritiesNoncurrent`	$2.08M	USD	Point-in-time
long-term investments - held-to-maturity	`HeldToMaturitySecuritiesNoncurrent`	$1.14M	USD	Point-in-time
right of use asset	`OperatingLeaseRightOfUseAsset`	$11.73M	USD	Point-in-time
right of use asset	`OperatingLeaseRightOfUseAsset`	$3.90M	USD	Point-in-time
investment in unconsolidated joint venture	`EquityMethodInvestments`	$1.60M	USD	Point-in-time
deferred income taxes	`DeferredIncomeTaxAssetsNet`	$545.00K	USD	Point-in-time
deferred income taxes	`DeferredIncomeTaxAssetsNet`	$793.00K	USD	Point-in-time
other assets	`OtherAssetsNoncurrent`	$664.00K	USD	Point-in-time
other assets	`OtherAssetsNoncurrent`	$2.04M	USD	Point-in-time
total assets	`Assets`	$215.08M	USD	Point-in-time
total assets	`Assets`	$214.08M	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`	$42.54M	USD	Point-in-time
accounts payable - trade	`AccountsPayableTradeCurrent`	$23.00M	USD	Point-in-time
accounts payable - capital expenditures	`AccountsPayableCapitalExpendituresCurrent`	$107.00K	USD	Point-in-time
accounts payable - capital expenditures	`AccountsPayableCapitalExpendituresCurrent`	$348.00K	USD	Point-in-time
operating lease liability - current	`OperatingLeaseLiabilityCurrent`	$1.80M	USD	Point-in-time
operating lease liability - current	`OperatingLeaseLiabilityCurrent`	$2.74M	USD	Point-in-time
deferred revenue	`ContractWithCustomerLiabilityCurrent`	$399.00K	USD	Point-in-time
deferred revenue	`ContractWithCustomerLiabilityCurrent`	$540.00K	USD	Point-in-time
deferred revenue	`ContractWithCustomerLiabilityCurrent`	$502.00K	USD	Point-in-time
accrued expenses	`AccruedLiabilitiesCurrent`	$14.84M	USD	Point-in-time
accrued expenses	`AccruedLiabilitiesCurrent`	$5.69M	USD	Point-in-time
income taxes payable - current	`AccruedIncomeTaxesCurrent`	$395.00K	USD	Point-in-time
income taxes payable - current	`AccruedIncomeTaxesCurrent`	$229.00K	USD	Point-in-time
total current liabilities	`LiabilitiesCurrent`	$61.23M	USD	Point-in-time
total current liabilities	`LiabilitiesCurrent`	$40.12M	USD	Point-in-time
line of credit - U.S. operations	`LongTermLineOfCredit`	$29.75M	USD	Point-in-time
accrued expense - long-term	`AccruedLiabilitiesNoncurrent`	$167.00K	USD	Point-in-time
operating lease liability - long-term	`OperatingLeaseLiabilityNoncurrent`	$2.02M	USD	Point-in-time
operating lease liability - long-term	`OperatingLeaseLiabilityNoncurrent`	$6.82M	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
deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.82M	USD	Point-in-time
deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$5.33M	USD	Point-in-time
deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$7.72M	USD	Point-in-time
deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$8.37M	USD	Point-in-time
total liabilities	`Liabilities`	$85.39M	USD	Point-in-time
total liabilities	`Liabilities`	$85.07M	USD	Point-in-time
commitments and contingencies (notes 11 and 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
commitments and contingencies (notes 11 and 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
preferred stock, $.05 par value, authorized 10,000,000 shares	`PreferredStockValue`	-	USD	Point-in-time
preferred stock, $.05 par value, authorized 10,000,000 shares	`PreferredStockValue`	-	USD	Point-in-time
common stock, $.05 par value, authorized 40,000,000 shares, issued and outstanding 12,312,822 at May 2, 2021 and 12,284,946 at May 3, 2020	`CommonStockValue`	$616.00K	USD	Point-in-time
common stock, $.05 par value, authorized 40,000,000 shares, issued and outstanding 12,312,822 at May 2, 2021 and 12,284,946 at May 3, 2020	`CommonStockValue`	$615.00K	USD	Point-in-time
capital contributed in excess of par value	`AdditionalPaidInCapitalCommonStock`	$42.58M	USD	Point-in-time
capital contributed in excess of par value	`AdditionalPaidInCapitalCommonStock`	$43.81M	USD	Point-in-time
accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$84.44M	USD	Point-in-time
accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$86.51M	USD	Point-in-time
accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$146.00K	USD	Point-in-time
accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.00K	USD	Point-in-time
total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.25M	USD	Point-in-time
total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$129.01M	USD	Point-in-time
total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$163.38M	USD	Point-in-time
total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$129.70M	USD	Point-in-time
total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$215.08M	USD	Point-in-time
total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$214.08M	USD	Point-in-time

Income Statement 65 line items

Line Item	Tag	Value	Unit	Period
net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$299.72M	USD	Annual
net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$281.32M	USD	Annual
net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$256.17M	USD	Annual
cost of sales	`CostOfGoodsAndServicesSold`	$249.89M	USD	Annual
cost of sales	`CostOfGoodsAndServicesSold`	$215.67M	USD	Annual
cost of sales	`CostOfGoodsAndServicesSold`	$235.56M	USD	Annual
gross profit from continuing operations	`GrossProfit`	$49.83M	USD	Annual
gross profit from continuing operations	`GrossProfit`	$40.50M	USD	Annual
gross profit from continuing operations	`GrossProfit`	$45.77M	USD	Annual
selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$34.42M	USD	Annual
selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$37.76M	USD	Annual
selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$33.24M	USD	Annual
asset impairments	`AssetImpairmentCharges`	$13.71M	USD	Annual
restructuring credit	`RestructuringCreditExpense`	$825.00K	USD	Annual
restructuring credit	`RestructuringCreditExpense`	$70.00K	USD	Annual
income (loss) from continuing operations	`OperatingIncomeLoss`	$-7.57M	USD	Annual
income (loss) from continuing operations	`OperatingIncomeLoss`	$12.08M	USD	Annual
income (loss) from continuing operations	`OperatingIncomeLoss`	$13.35M	USD	Annual
interest expense	`InterestExpense`	$51.00K	USD	Annual
interest expense	`InterestExpense`	$106.00K	USD	Annual
interest expense	`InterestExpense`	$35.00K	USD	Annual
interest income	`InvestmentIncomeInterest`	$789.00K	USD	Annual
interest income	`InvestmentIncomeInterest`	$244.00K	USD	Annual
interest income	`InvestmentIncomeInterest`	$897.00K	USD	Annual
gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$819.00K	USD	Annual
other expense	`OtherNonoperatingIncomeExpense`	$-902.00K	USD	Annual
other expense	`OtherNonoperatingIncomeExpense`	$-1.38M	USD	Annual
other expense	`OtherNonoperatingIncomeExpense`	$-2.21M	USD	Annual
income (loss) before income taxes from continuing operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-7.68M	USD	Annual
income (loss) before income taxes from continuing operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$10.88M	USD	Annual
income (loss) before income taxes from continuing operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$12.72M	USD	Annual
income tax expense	`IncomeTaxExpenseBenefit`	$7.69M	USD	Annual
income tax expense	`IncomeTaxExpenseBenefit`	$3.35M	USD	Annual
income tax expense	`IncomeTaxExpenseBenefit`	$6.54M	USD	Annual
income (loss) from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$31.00K	USD	Annual
income (loss) from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-125.00K	USD	Annual
income (loss) from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-114.00K	USD	Annual
net income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$6.07M	USD	Annual
net income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$3.22M	USD	Annual
net income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-11.16M	USD	Annual
loss before income taxes from discontinued operation	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-17.58M	USD	Annual
loss before income taxes from discontinued operation	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-726.00K	USD	Annual
income tax benefit	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$-68.00K	USD	Annual
income tax benefit	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$-113.00K	USD	Annual
net loss from discontinued operation	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-613.00K	USD	Annual
net loss from discontinued operation	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-17.51M	USD	Annual
net income (loss)	`ProfitLoss`	$5.46M	USD	Annual
net income (loss)	`ProfitLoss`	$3.22M	USD	Annual
net income (loss)	`ProfitLoss`	$-28.67M	USD	Annual
net income (loss) from continuing operations per share-basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.26	USD	Annual
net income (loss) from continuing operations per share-basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.49	USD	Annual
net income (loss) from continuing operations per share-basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.90	USD	Annual
net income (loss) from continuing operations per share-diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.26	USD	Annual
net income (loss) from continuing operations per share-diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.48	USD	Annual
net income (loss) from continuing operations per share-diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.90	USD	Annual
net loss from discontinued operation per share-basic	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-1.41	USD	Annual
net loss from discontinued operation per share-basic	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.05	USD	Annual
net loss from discontinued operation per share-diluted	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.05	USD	Annual
net loss from discontinued operation per share-diluted	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-1.41	USD	Annual
net income (loss) from per share-basic	`EarningsPerShareBasic`	$0.26	USD	Annual
net income (loss) from per share-basic	`EarningsPerShareBasic`	$-2.32	USD	Annual
net income (loss) from per share-basic	`EarningsPerShareBasic`	$0.44	USD	Annual
net income (loss) per share-diluted	`EarningsPerShareDiluted`	$0.43	USD	Annual
net income (loss) per share-diluted	`EarningsPerShareDiluted`	$-2.32	USD	Annual
net income (loss) per share-diluted	`EarningsPerShareDiluted`	$0.26	USD	Annual

Cash Flow Statement 132 line items

Line Item	Tag	Value	Unit	Period
net income (loss)	`ProfitLoss`	$5.46M	USD	Annual
net income (loss)	`ProfitLoss`	$3.22M	USD	Annual
net income (loss)	`ProfitLoss`	$-28.67M	USD	Annual
depreciation	`Depreciation`	$7.83M	USD	Annual
depreciation	`Depreciation`	$8.12M	USD	Annual
depreciation	`Depreciation`	$6.85M	USD	Annual
amortization	`AdjustmentForAmortization`	$466.00K	USD	Annual
amortization	`AdjustmentForAmortization`	$780.00K	USD	Annual
amortization	`AdjustmentForAmortization`	$647.00K	USD	Annual
asset impairments	`AssetImpairmentChargesFromContinuingAndDiscontinuedOperation`	-	USD	Annual
asset impairments	`AssetImpairmentChargesFromContinuingAndDiscontinuedOperation`	$33.91M	USD	Annual
asset impairments	`AssetImpairmentChargesFromContinuingAndDiscontinuedOperation`	-	USD	Annual
reversal of contingent consideration associated with discontinued operation	`ReversalOfContingentConsiderationAssociatedWithDiscontinuedOperation`	$-6.08M	USD	Annual
loss on disposal of discontinued operation	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$-1.61M	USD	Annual
stock-based compensation	`ShareBasedCompensation`	$614.00K	USD	Annual
stock-based compensation	`ShareBasedCompensation`	$130.00K	USD	Annual
stock-based compensation	`ShareBasedCompensation`	$1.25M	USD	Annual
deferred income taxes	`DeferredIncomeTaxExpenseBenefitFromContinuingAndDiscontinuedOperations`	$3.76M	USD	Annual
deferred income taxes	`DeferredIncomeTaxExpenseBenefitFromContinuingAndDiscontinuedOperations`	$2.03M	USD	Annual
deferred income taxes	`DeferredIncomeTaxExpenseBenefitFromContinuingAndDiscontinuedOperations`	$-1.69M	USD	Annual
gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$819.00K	USD	Annual
gain on sale of property, plant, and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$238.00K	USD	Annual
gain on sale of property, plant, and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$57.00K	USD	Annual
gain on sale of property, plant, and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.45M	USD	Annual
(income) loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$31.00K	USD	Annual
(income) loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-125.00K	USD	Annual
(income) loss from investment in unconsolidated joint venture	`IncomeLossFromEquityMethodInvestments`	$-114.00K	USD	Annual
realized (gain) loss on sale of short-term investments (available for sale)	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$-10.00K	USD	Annual
realized (gain) loss on sale of short-term investments (available for sale)	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$6.00K	USD	Annual
realized (gain) loss on sale of short-term investments (available for sale)	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$-94.00K	USD	Annual
foreign currency exchange loss (gain)	`ForeignCurrencyTransactionGainLossUnrealized`	$17.00K	USD	Annual
foreign currency exchange loss (gain)	`ForeignCurrencyTransactionGainLossUnrealized`	$-1.52M	USD	Annual
foreign currency exchange loss (gain)	`ForeignCurrencyTransactionGainLossUnrealized`	$-109.00K	USD	Annual
accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$12.12M	USD	Annual
accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.99M	USD	Annual
accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.34M	USD	Annual
inventories	`IncreaseDecreaseInInventories`	$-3.84M	USD	Annual
inventories	`IncreaseDecreaseInInventories`	$7.22M	USD	Annual
inventories	`IncreaseDecreaseInInventories`	$837.00K	USD	Annual
other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.44M	USD	Annual
other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-41.00K	USD	Annual
other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-342.00K	USD	Annual
other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$48.00K	USD	Annual
other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$1.45M	USD	Annual
other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$65.00K	USD	Annual
accounts payable-trade	`IncreaseDecreaseInAccountsPayableTrade`	$17.23M	USD	Annual
accounts payable-trade	`IncreaseDecreaseInAccountsPayableTrade`	$499.00K	USD	Annual
accounts payable-trade	`IncreaseDecreaseInAccountsPayableTrade`	$-3.43M	USD	Annual
accrued expenses and deferred compensation	`IncreaseDecreaseInAccruedLiabilitiesAndDeferredCompensation`	$-1.02M	USD	Annual
accrued expenses and deferred compensation	`IncreaseDecreaseInAccruedLiabilitiesAndDeferredCompensation`	$-1.49M	USD	Annual
accrued expenses and deferred compensation	`IncreaseDecreaseInAccruedLiabilitiesAndDeferredCompensation`	$9.46M	USD	Annual
deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$38.00K	USD	Annual
deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-410.00K	USD	Annual
deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$103.00K	USD	Annual
accrued restructuring costs	`IncreaseDecreaseInRestructuringReserve`	$-124.00K	USD	Annual
accrued restructuring costs	`IncreaseDecreaseInRestructuringReserve`	$124.00K	USD	Annual
income taxes	`IncreaseDecreaseInIncomeTaxes`	$-126.00K	USD	Annual
income taxes	`IncreaseDecreaseInIncomeTaxes`	$-2.33M	USD	Annual
income taxes	`IncreaseDecreaseInIncomeTaxes`	$843.00K	USD	Annual
net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$21.48M	USD	Annual
net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$13.87M	USD	Annual
net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.97M	USD	Annual
cash paid for acquisition of assets, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$892.00K	USD	Annual
cash paid for acquisition of assets, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.10M	USD	Annual
capital expenditures	`PaymentsToAcquireProductiveAssets`	$6.66M	USD	Annual
capital expenditures	`PaymentsToAcquireProductiveAssets`	$3.26M	USD	Annual
capital expenditures	`PaymentsToAcquireProductiveAssets`	$4.58M	USD	Annual
proceeds from the sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.00K	USD	Annual
proceeds from the sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.89M	USD	Annual
proceeds from the sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$672.00K	USD	Annual
proceeds from long-term note receivable associated with discontinued operation	`ProceedsFromLongTermNoteReceivableAssociatedWithDiscontinuedOperation`	$1.52M	USD	Annual
investment in unconsolidated joint venture	`PaymentsToAcquireInterestInJointVenture`	$220.00K	USD	Annual
investment in unconsolidated joint venture	`PaymentsToAcquireInterestInJointVenture`	$90.00K	USD	Annual
investment in unconsolidated joint venture	`PaymentsToAcquireInterestInJointVenture`	$120.00K	USD	Annual
proceeds from the sale of short-term investments (available for sale)	`ProceedsFromSaleOfShortTermInvestments`	$468.00K	USD	Annual
proceeds from the sale of short-term investments (available for sale)	`ProceedsFromSaleOfShortTermInvestments`	$6.61M	USD	Annual
proceeds from the sale of short-term investments (available for sale)	`ProceedsFromSaleOfShortTermInvestments`	$2.46M	USD	Annual
proceeds from the sale of short-term investments (held to maturity)	`ProceedsFromSaleOfHeldToMaturitySecurities`	$10.16M	USD	Annual
proceeds from the sale of short-term investments (held to maturity)	`ProceedsFromSaleOfHeldToMaturitySecurities`	$6.10M	USD	Annual
proceeds from the sale of short-term investments (held to maturity)	`ProceedsFromSaleOfHeldToMaturitySecurities`	$25.68M	USD	Annual
purchase of short-term investments (available for sale)	`PaymentsToAcquireShortTermInvestments`	$5.04M	USD	Annual
purchase of short-term investments (available for sale)	`PaymentsToAcquireShortTermInvestments`	$7.55M	USD	Annual
purchase of short-term investments (available for sale)	`PaymentsToAcquireShortTermInvestments`	$10.00K	USD	Annual
purchase of short-term and long-term investments (held-to-maturity)	`PaymentsToAcquireInvestments`	$8.17M	USD	Annual
purchase of short-term and long-term investments (held-to-maturity)	`PaymentsToAcquireInvestments`	$7.46M	USD	Annual
proceeds from the sale of long-term investments (rabbi trust)	`ProceedsFromSaleOfLongtermInvestments`	$157.00K	USD	Annual
proceeds from the sale of long-term investments (rabbi trust)	`ProceedsFromSaleOfLongtermInvestments`	$1.23M	USD	Annual
purchase of long-term investments (rabbi trust)	`PaymentsToAcquireLongtermInvestments`	$619.00K	USD	Annual
purchase of long-term investments (rabbi trust)	`PaymentsToAcquireLongtermInvestments`	$788.00K	USD	Annual
purchase of long-term investments (rabbi trust)	`PaymentsToAcquireLongtermInvestments`	$1.01M	USD	Annual
proceeds from life insurance policy	`ProceedsFromLifeInsurancePolicies`	$394.00K	USD	Annual
net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.68M	USD	Annual
net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$15.16M	USD	Annual
net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.71M	USD	Annual
proceeds from lines of credit	`ProceedsFromLinesOfCredit`	$30.77M	USD	Annual
proceeds from lines of credit	`ProceedsFromLinesOfCredit`	$12.00M	USD	Annual
payments associated with lines of credit	`RepaymentsOfLinesOfCredit`	$12.00M	USD	Annual
payments associated with lines of credit	`RepaymentsOfLinesOfCredit`	$30.77M	USD	Annual
proceeds from Paycheck Protection Program loan	`ProceedsFromPaycheckProtectionProgramLoan`	$7.61M	USD	Annual
payments associated with Paycheck Protection Program loan	`PaymentsAssociatedWithPaycheckProtectionProgramLoan`	$7.61M	USD	Annual
payments on vendor-financed capital expenditures	`RepaymentsOfLongtermLoansFromVendors`	$1.41M	USD	Annual
proceeds from subordinated loan payable associated with the noncontrolling interest of discontinued operation	`ProceedsFromSubordinatedLoanPayableAssociatedWithTheNoncontrollingInterestOfDiscontinuedOperation`	$675.00K	USD	Annual
proceeds from subordinated loan payable associated with the noncontrolling interest of discontinued operation	`ProceedsFromSubordinatedLoanPayableAssociatedWithTheNoncontrollingInterestOfDiscontinuedOperation`	$250.00K	USD	Annual
cash paid for acquisition of businesses	`PaymentsToAcquireBusinessesFinancingActivities`	$1.53M	USD	Annual
dividends paid	`PaymentsOfDividends`	$5.08M	USD	Annual
dividends paid	`PaymentsOfDividends`	$5.29M	USD	Annual
dividends paid	`PaymentsOfDividends`	$4.73M	USD	Annual
repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$3.32M	USD	Annual
repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.68M	USD	Annual
common stock surrendered for payroll withholding taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$51.00K	USD	Annual
common stock surrendered for payroll withholding taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.32M	USD	Annual
common stock surrendered for payroll withholding taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.00K	USD	Annual
capital contribution associated with the noncontrolling interest of discontinued operation	`ProceedsFromCapitalContributionAssociatedWithTheNoncontrollingInterestOfDiscontinuedOperation`	$360.00K	USD	Annual
payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$50.00K	USD	Annual
payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$15.00K	USD	Annual
net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$30.64M	USD	Annual
net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.16M	USD	Annual
net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-43.71M	USD	Annual
effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$131.00K	USD	Annual
effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-93.00K	USD	Annual
effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-119.00K	USD	Annual
(decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-32.78M	USD	Annual
(decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$29.78M	USD	Annual
(decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$18.78M	USD	Annual
cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$40.01M	USD	Point-in-time
cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$69.79M	USD	Point-in-time
cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.01M	USD	Point-in-time
cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.23M	USD	Point-in-time
cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$40.01M	USD	Point-in-time
cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$69.79M	USD	Point-in-time
cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.01M	USD	Point-in-time
cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.23M	USD	Point-in-time

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.25M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$129.01M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$163.38M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$129.70M	USD	Point-in-time
net income (loss)	`ProfitLoss`	$5.46M	USD	Annual
net income (loss)	`ProfitLoss`	$3.22M	USD	Annual
net income (loss)	`ProfitLoss`	$-28.67M	USD	Annual
capital contribution from non-controlling interest - discontinued operation	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$360.00K	USD	Annual
acquisition of subsidiary with non-controlling interest - discontinued operation	`NoncontrollingInterestIncreaseFromBusinessCombination`	$4.53M	USD	Annual
stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$614.00K	USD	Annual
stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$130.00K	USD	Annual
stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.25M	USD	Annual
unrealized gain (loss) on foreign currency cash flow hedge instrument	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$55.00K	USD	Annual
unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$70.00K	USD	Annual
unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$156.00K	USD	Annual
unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-50.00K	USD	Annual
common stock surrendered in connection with payroll withholding taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$51.00K	USD	Annual
common stock surrendered in connection with payroll withholding taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.00K	USD	Annual
common stock surrendered in connection with payroll withholding taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.32M	USD	Annual
common stock repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.68M	USD	Annual
common stock repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$3.32M	USD	Annual
dividends paid	`DividendsCash`	$4.73M	USD	Annual
dividends paid	`DividendsCash`	$5.08M	USD	Annual
dividends paid	`DividendsCash`	$5.29M	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.25M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$129.01M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$163.38M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$129.70M	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
net income (loss)	`ProfitLoss`	$5.46M	USD	Annual
net income (loss)	`ProfitLoss`	$3.22M	USD	Annual
net income (loss)	`ProfitLoss`	$-28.67M	USD	Annual
unrealized holding loss on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-9.00K	USD	Annual
reclassification adjustment for realized loss on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-64.00K	USD	Annual
total unrealized gain on foreign currency cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$55.00K	USD	Annual
unrealized holding gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-24.00K	USD	Annual
unrealized holding gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-60.00K	USD	Annual
unrealized holding gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$162.00K	USD	Annual
reclassification adjustment for realized (gain) loss included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-94.00K	USD	Annual
reclassification adjustment for realized (gain) loss included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$6.00K	USD	Annual
reclassification adjustment for realized (gain) loss included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-10.00K	USD	Annual
total unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$70.00K	USD	Annual
total unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$156.00K	USD	Annual
total unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-50.00K	USD	Annual
total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$125.00K	USD	Annual
total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$156.00K	USD	Annual
total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-50.00K	USD	Annual
comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.58M	USD	Annual
comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-28.72M	USD	Annual
comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.37M	USD	Annual
Plus: comprehensive loss attributable to non-controlling interest associated with discontinued operation	`ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestAssociatedWithDiscontinuedOperation`	$-218.00K	USD	Annual
Plus: comprehensive loss attributable to non-controlling interest associated with discontinued operation	`ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestAssociatedWithDiscontinuedOperation`	$-4.67M	USD	Annual
comprehensive income (loss) attributable to Culp Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$3.37M	USD	Annual
comprehensive income (loss) attributable to Culp Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$5.80M	USD	Annual
comprehensive income (loss) attributable to Culp Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$-24.04M	USD	Annual

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