XML 48 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1

Intangible Assets (Tables)

6 Months Ended

Oct. 28, 2018

Summary of Intangible Assets

A summary of intangible assets follows:

(dollars in thousands)		October 28, 2018				October 29, 2017				April 29, 2018
Tradenames		$	7,232			$	—			$	683
Customer relationships, net			2,688				638				2,839
Non-compete agreement, net			716				790				753
		$	10,636			$	1,428			$	4,275

Summary of Acquired Tradenames

A summary of the carrying amount of our tradenames from our recent acquisitions (see Note 3) follow:

(dollars in thousands)		October 28, 2018				October 29, 2017				April 29, 2018
Read		$	683			$	—			$	683
ELUX			6,549				—				—
		$	7,232			$	—			$	683

Customer Relationships [Member]

Summary of Change in Carrying Amount of Finite-Lived Intangible Assets

A summary of the change in the carrying amount of our customer relationships follows:

		Six months ended
(dollars in thousands)		October 28, 2018				October 29, 2017
Beginning balance		$	2,839			$	664
Acquisition of assets			—				—
Amortization expense			(151	)			(26	)
Loss on impairment			—				—
Ending balance		$	2,688			$	638

Non-Compete Agreement [Member]

Summary of Change in Carrying Amount of Finite-Lived Intangible Assets

A summary of the change in the carrying amount of our non-compete agreement follows:

		Six months ended
(dollars in thousands)		October 28, 2018				October 29, 2017
Beginning balance		$	753			$	828
Amortization expense			(37	)			(38	)
Loss on impairment			—				—
Ending balance		$	716			$	790

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance, by either major class or business segment.

+ References

No definition available.

+ Details

Name:	culp_ScheduleOfIntangibleAssetsTableTextBlock
Namespace Prefix:	culp_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of characteristics and cost, by total and major class, of indefinite-lived intangible assets acquired as part of a business combination. Indefinite-lived intangible assets are assets that have no physical form, but have expected future economic benefit. The future benefit is not expected to diminish over a stated period of time. Acquired indefinite-lived intangible assets are disclosed by major class (assets that can be grouped together because they are similar, either by their nature or by their use in operations of the entity) and in total.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4922-128472

+ Details

Name:	us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap_CustomerRelationshipsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap_NoncompeteAgreementsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: