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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Thousands | Total | Common Stock | Capital Contributed in Excess of Par Value | Accumulated Earnings | Accumulated Other Comprehensive (Loss) Income | Shareholders' equity attributable to Culp Inc. | Non-Controlling Interest
--- | --- | --- | --- | --- | --- | --- | ---
Balance at Apr. 30, 2017 | [1] | $ 148,630 | $ 618 | $ 47,415 | $ 100,601 | $ (4) | $ 148,630 |
Balance (in shares) at Apr. 30, 2017 | [1] |  | 12,356,631 |  |  |  |  |
Net income |  | 8,959 |  |  |  |  |  |
Unrealized gain on investments |  | 64 |  |  |  |  |  |
Balance at Oct. 29, 2017 |  | 153,080 |  |  |  |  |  |
Balance at Apr. 30, 2017 | [1] | 148,630 | $ 618 | 47,415 | 100,601 | (4) | 148,630 |
Balance (in shares) at Apr. 30, 2017 | [1] |  | 12,356,631 |  |  |  |  |
Net income |  | 20,877 |  |  | 20,877 |  | 20,877 |
Stock-based compensation |  | 2,212 |  | 2,212 |  |  | 2,212 |
Unrealized gain on foreign currency cash flow hedge |  | (55) |  |  |  | (55) | (55) |
Unrealized gain on investments |  | (26) |  |  |  | (26) | (26) |
Common stock issued in connection with vesting of performance based restricted stock units |  |  | $ 6 | (6) |  |  |  |
Common stock issued in connection with vesting of performance based restricted stock units (in shares) |  |  | 118,845 |  |  |  |  |
Fully vested common stock award |  |  | 4,800 |  |  |  |  |
Common stock issued in connection with vesting of time-based restricted stock units (in shares) |  |  | 1,200 |  |  |  |  |
Common stock issued in connection with exercise of stock options |  | 111 | $ 1 | 110 |  |  | 111 |
Common stock issued in connection with exercise of stock options (in shares) |  |  | 15,600 |  |  |  |  |
Common stock surrendered for the cost of stock option exercises and withholding taxes payable |  | (1,530) | $ (2) | (1,528) |  |  | (1,530) |
Common stock surrendered for the cost of stock option exercises and withholding taxes payable (in shares) |  |  | (46,800) |  |  |  |  |
Dividends paid |  | (6,843) |  |  | (6,843) |  | (6,843) |
Balance at Apr. 29, 2018 | [1] | 163,376 | $ 623 | 48,203 | 114,635 | (85) | 163,376 |
Balance (in shares) at Apr. 29, 2018 | [1] |  | 12,450,276 |  |  |  |  |
Net income |  | 3,909 |  |  | 3,890 |  | 3,890 | $ 19
Acquisition of subsidiary with non-controlling interest |  | 4,532 |  |  |  |  |  | 4,532
Stock-based compensation |  | (106) |  | (106) |  |  | (106) |
Unrealized gain on foreign currency cash flow hedge |  | 56 |  |  |  | 56 | 56 |
Unrealized gain on investments |  | 91 |  |  |  | 91 | 91 |
Common stock issued in connection with vesting of performance based restricted stock units |  |  | $ 6 | (6) |  |  |  |
Common stock issued in connection with vesting of performance based restricted stock units (in shares) |  |  | 115,917 |  |  |  |  |
Fully vested common stock award |  |  | 3,600 |  |  |  |  |
Common stock issued in connection with vesting of time-based restricted stock units (in shares) |  |  | 1,200 |  |  |  |  |
Common stock surrendered for the cost of stock option exercises and withholding taxes payable |  | (1,292) | $ (2) | (1,290) |  |  | (1,292) |
Common stock surrendered for the cost of stock option exercises and withholding taxes payable (in shares) |  |  | (42,157) |  |  |  |  |
Common stock repurchased |  | (844) | $ (2) | (842) |  |  | (844) |
Common stock repurchased (in shares) |  |  | (36,880) |  |  |  |  |
Dividends paid |  | (2,253) |  |  | (2,253) |  | (2,253) |
Balance at Oct. 28, 2018 |  | $ 167,469 | $ 625 | $ 45,959 | $ 116,272 | $ 62 | $ 162,918 | $ 4,551
Balance (in shares) at Oct. 28, 2018 |  |  | 12,491,956 |  |  |  |  |
[1] | Derived from audited financial statements.

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