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Home Accessories Segment - Summary of Loss from Discontinued Operation on Consolidated Statements of Net (Loss) Income (Detail) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
May 03, 2020
Feb. 02, 2020
Nov. 03, 2019
Aug. 04, 2019
Apr. 28, 2019
Jan. 27, 2019
Oct. 28, 2018
Jul. 29, 2018
May 03, 2020
Apr. 28, 2019
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]                    
loss before income taxes from discontinued operation $ (8,698) $ (7,824) $ (441) $ (621) $ (477) $ (313) $ 37 $ 17 $ (17,577) $ (726)
income tax benefit 25   32 11 74 49 (6)   68 113
net (loss) income from discontinued operation $ (8,673) $ (7,824) $ (409) $ (610) $ (403) $ (264) $ 31 $ 17 (17,509) (613)
Discontinued Operations [Member] | eLuxury [Member]                    
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]                    
net sales                 13,763 15,956
cost of sales                 (10,953) (11,527)
gross profit                 2,810 4,429
selling, general and administrative expenses                 (4,100) (5,162)
asset impairments [1]                 (20,202)  
reversal of contingent consideration - earn-out obligation [2]                 5,856  
interest expense [3]                 (84) (30)
other income                 34 37
loss from discontinued operation related to major classes of loss before income taxes                 (15,686) (726)
loss on disposal of discontinued operation                 (1,891)  
loss before income taxes from discontinued operation [4]                 (17,577) (726)
income tax benefit                 68 113
net (loss) income from discontinued operation                 $ (17,509) $ (613)
[1] During fiscal 2020, we recorded asset impairment charges totaling $20.2 million, of which $13.6 million and $6.6 million pertained to the goodwill and tradename, respectively. Of the total asset impairment charge totaling $20.2 million, $13.6 million, and $6.6 million were recorded in the 3rd and 4th quarters, respectively. See notes 8, 9, and 17 located in the notes to the consolidated financial statements for further details of our assessments that resulted in the impairment of the goodwill and tradename associated with this discontinued operation.
[2] See separate section below titled “Contingent Consideration” for further details.
[3] Interest expense is directly attributable to our discontinued operations as it pertains to loans payable assumed by the buyer, (the noncontrolling interest) or required to be paid to Culp Inc. based on the terms of the sale agreement.
[4] See separate section below titled “Consolidation and Deconsolidation” for further details.