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CONSOLIDATED STATEMENTS OF NET INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jan. 27, 2019
Jan. 28, 2018
Jan. 27, 2019
Jan. 28, 2018
Income Statement [Abstract]        
Net Sales $ 77,226 $ 85,310 $ 225,705 $ 245,541
Cost of sales 63,103 67,707 187,697 195,668
Gross profit 14,123 17,603 38,008 49,873
Selling, general and administrative expenses 10,038 9,959 28,174 28,876
Restructuring credit (214)   (825)  
Income from operations 4,299 7,644 10,659 20,997
Interest expense 0 31 38 69
Interest income (251) (132) (552) (391)
Other expense 288 229 688 903
Income before income taxes 4,262 7,516 10,485 20,416
Income taxes 1,225 8,208 3,407 11,956
(Income) loss from investment in unconsolidated joint venture (23) 56 109 249
Net income (loss) 3,060 (748) 6,969 8,211
Plus: Net loss attributable to non-controlling interest 94   75  
Net income (loss) attributable to Culp, Inc. common shareholders $ 3,154 $ (748) $ 7,044 $ 8,211
Net income (loss) attributable to Culp Inc. common shareholders per share-basic $ 0.25 $ (0.06) $ 0.56 $ 0.66
Net income (loss) attributable to Culp Inc. common shareholders per share-diluted $ 0.25 $ (0.06) $ 0.56 $ 0.65
Average shares outstanding, basic 12,438 12,436 12,488 12,425
Average shares outstanding, diluted 12,465 12,436 12,593 12,626