Financial information for the company’s operating segments follows:


	Three months ended
(dollars in thousands)	November 2, 2014			October 27, 2013
Net sales:
Mattress Fabrics	$	43,038		$	40,331
Upholstery Fabrics		30,953			30,258
	$	73,991		$	70,589


Gross profit:
Mattress Fabrics	$	7,324		$	7,322
Upholstery Fabrics		4,954			4,913

	$	12,278		$	12,235


Selling, general, and administrative expenses:
Mattress Fabrics	$	2,592		$	2,620
Upholstery Fabrics		3,285			3,170
Total segment selling, general, and
administrative expenses		5,877			5,790
Unallocated corporate expenses		1,502			1,410
	$	7,379		$	7,200

Income from operations:
Mattress Fabrics	$	4,733		$	4,702
Upholstery Fabrics		1,668			1,743
Total segment income from operations		6,401			6,445
Unallocated corporate expenses		(1,502	)		(1,410	)
Total income from operations		4,899			5,035
Interest expense		-			(99	)
Interest income		153			102
Other expense		(162	)		(224	)
Income before income taxes	$	4,890		$	4,814


	Six months ended
(dollars in thousands)	November 2, 2014			October 27, 2013
Net sales:
Mattress Fabrics	$	85,860		$	78,494
Upholstery Fabrics		64,191			62,236
	$	150,051		$	140,730


Gross profit:
Mattress Fabrics	$	14,527		$	14,713
Upholstery Fabrics		10,466			10,595

	$	24,993		$	25,308


Selling, general, and administrative expenses:
Mattress Fabrics	$	5,166		$	4,994
Upholstery Fabrics		6,737			6,436
Total segment selling, general, and
administrative expenses		11,903			11,430
Unallocated corporate expenses		2,895			2,869
	$	14,798		$	14,299

Income from operations:
Mattress Fabrics	$	9,361		$	9,719
Upholstery Fabrics		3,729			4,159
Total segment income from operations		13,090			13,878
Unallocated corporate expenses		(2,895	)		(2,869	)
Total income from operations		10,195			11,009
Interest expense		(67	)		(239	)
Interest income		294			195
Other expense		(73	)		(616	)
Income before income taxes	$	10,349		$	10,349

Balance sheet information for the company’s operating segments follow:


(dollars in thousands)	November 2, 2014		October 27, 2013		April 27, 2014
Segment assets:
Mattress Fabrics
Current assets (1)	$	35,406	$	37,373	$	36,229
Non-compete agreement		1,017		1,054		1,041
Customer relationships		791		842		817
Goodwill		11,462		11,462		11,462
Property, plant and equipment (2)		30,938		28,307		29,040
Total mattress fabrics assets		79,614		79,038		78,589
Upholstery Fabrics
Current assets (1)		27,867		32,447		31,854
Property, plant and equipment (3)		1,578		1,612		1,573
Total upholstery fabrics assets		29,445		34,059		33,427
Total segment assets		109,059		113,097		112,016
Non-segment assets:
Cash and cash equivalents		28,953		24,267		29,303
Short-term investments		6,318		6,220		6,294
Deferred income taxes		6,699		8,406		8,270
Income taxes receivable		-		-		121
Other current assets		2,303		2,550		2,344
Property, plant and equipment (4)		688		640		763
Long-term investments		1,911		-		765
Other assets		731		1,062		1,059
Total assets	$	156,662	$	156,242	$	160,935


			Six months ended
(dollars in thousands)			November 2, 2014		October 27, 2013
Capital expenditures (5):
Mattress Fabrics			$	4,692	$	1,199
Upholstery Fabrics				258		521
Unallocated Corporate				38		20
Total capital expenditures			$	4,988	$	1,740
Depreciation expense:
Mattress Fabrics			$	2,448	$	2,331
Upholstery Fabrics				364		305
Total depreciation expense			$	2,812	$	2,636

(1)	Current assets represent accounts receivable and inventory for the respective segment.

(2)

The $30.9 million at November 2, 2014, represents property, plant, and equipment of $22.2 million and $8.7 million located in the U.S. and Canada, respectively. The $28.3 million at October 27, 2013, represents property, plant, and equipment of $20.5 million and $7.8 million located in the U.S. and Canada, respectively. The $29.0 million at April 27, 2014, represents property, plant, and equipment of $20.6 million and $8.4 million located in the U.S. and Canada, respectively.

(3)

The $1.6 million at November 2, 2014, represents property, plant, and equipment of $977 and $601 located in the U.S. and China, respectively. The $1.6 million at October 27, 2013, represents property, plant, and equipment located in the U.S. of $1.1 million, located in China of $464, and located in Poland of $49. The $1.6 million at April 27, 2014, represents property, plant, and equipment located in the U.S. of $957, located in China of $572, and located in Poland of $44.

(4)

The $688, $640, and $763 at November 2, 2014, October 27, 2013 and April 27, 2014, respectively, represent property, plant, and equipment associated with unallocated corporate departments and corporate departments shared by both the mattress and upholstery fabric segments. Property, plant, and equipment associated with corporate are located in the U.S.

(5)	Capital expenditure amounts are stated on the accrual basis. See Consolidated Statements of Cash Flows for capital expenditure amounts on a cash basis.