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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - 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.
Noncontrolling Interest Discontinued Operation
Balance at Apr. 28, 2019 [1] $ 164,247 $ 620 $ 43,694 $ 115,579 $ 40 $ 159,933 $ 4,314
Balance (in shares) at Apr. 28, 2019 [1]   12,391,160          
Net income (loss) 1,174     1,338   1,338 (164)
Stock-based compensation 154   154     154  
Unrealized gain (loss) on investments 6       6 6  
Fully vested common stock award, (in shares)   3,659          
Common stock issued in connection with vesting of performance based restricted stock units   $ 1 (1)        
Common stock issued in connection with vesting of performance based restricted stock units (in shares)   12,776          
Common stock surrendered for withholding taxes payable (44)   (44)     (44)  
Common stock surrendered for withholding taxes payable (in shares)   (2,581)          
Dividends paid (1,241)     (1,241)   (1,241)  
Capital contribution from non-controlling interest associated with discontinued operation 40           40
Balance at Aug. 04, 2019 164,336 $ 621 43,803 115,676 46 160,146 4,190
Balance (in shares) at Aug. 04, 2019   12,405,014          
Balance at Apr. 28, 2019 [1] 164,247 $ 620 43,694 115,579 40 159,933 4,314
Balance (in shares) at Apr. 28, 2019 [1]   12,391,160          
Net income (loss) (841)            
Balance at Feb. 02, 2020 160,096 $ 618 43,748 115,373 104 159,843 253
Balance (in shares) at Feb. 02, 2020   12,361,180          
Balance at Aug. 04, 2019 164,336 $ 621 43,803 115,676 46 160,146 4,190
Balance (in shares) at Aug. 04, 2019   12,405,014          
Net income (loss) 2,192     2,300   2,300 (108)
Stock-based compensation 313   313     313  
Unrealized gain (loss) on investments 9       9 9  
Fully vested common stock award, (in shares)   4,520          
Common stock issued in connection with vesting of performance based restricted stock units (in shares)   2,862          
Common stock surrendered for withholding taxes payable (7)   (7)     (7)  
Common stock surrendered for withholding taxes payable (in shares)   (439)          
Dividends paid (1,241)     (1,241)   (1,241)  
Capital contribution from non-controlling interest associated with discontinued operation 320           320
Balance at Nov. 03, 2019 165,922 $ 621 44,109 116,735 55 161,520 4,402
Balance (in shares) at Nov. 03, 2019   12,411,957          
Net income (loss) (4,207)     (58)   (58) (4,149)
Stock-based compensation 364   364     364  
Unrealized gain (loss) on investments 49       49 49  
Fully vested common stock award, (in shares)   4,973          
Common stock repurchased (728) $ (3) (725)     (728)  
Common stock repurchased (in shares)   (55,750)          
Dividends paid (1,304)     (1,304)   (1,304)  
Balance at Feb. 02, 2020 160,096 $ 618 43,748 115,373 104 $ 159,843 $ 253
Balance (in shares) at Feb. 02, 2020   12,361,180          
Balance at May. 03, 2020 [1] 129,698 $ 615 42,582 86,511 (10)    
Balance (in shares) at May. 03, 2020 [1]   12,284,946          
Net income (loss) (2,733)     (2,733)      
Stock-based compensation 126   126        
Unrealized gain (loss) on investments 69       69    
Fully vested common stock award, (in shares)   7,000          
Dividends paid (1,291)     (1,291)      
Balance at Aug. 02, 2020 125,869 $ 615 42,708 82,487 59    
Balance (in shares) at Aug. 02, 2020   12,291,946          
Balance at May. 03, 2020 [1] 129,698 $ 615 42,582 86,511 (10)    
Balance (in shares) at May. 03, 2020 [1]   12,284,946          
Net income (loss) 1,733            
Common stock repurchased (in shares)   0          
Balance at Jan. 31, 2021 128,362 $ 615 43,323 84,307 117    
Balance (in shares) at Jan. 31, 2021   12,308,357          
Balance at Aug. 02, 2020 125,869 $ 615 42,708 82,487 59    
Balance (in shares) at Aug. 02, 2020   12,291,946          
Net income (loss) 2,384     2,384      
Stock-based compensation 348   348        
Unrealized gain (loss) on investments (33)       (33)    
Fully vested common stock award, (in shares)   5,193          
Common stock issued in connection with vesting of performance based restricted stock units (in shares)   8,019          
Common stock surrendered for withholding taxes payable (25)   (25)        
Common stock surrendered for withholding taxes payable (in shares)   (2,135)          
Dividends paid (1,292)     (1,292)      
Balance at Nov. 01, 2020 127,251 $ 615 43,031 83,579 26    
Balance (in shares) at Nov. 01, 2020   12,303,023          
Net income (loss) 2,082     2,082      
Stock-based compensation 292   292        
Unrealized gain (loss) on investments 91       91    
Fully vested common stock award, (in shares)   4,562          
Common stock issued in connection with vesting of performance based restricted stock units (in shares)   824          
Common stock surrendered for withholding taxes payable (in shares)   (52)          
Dividends paid (1,354)     (1,354)      
Balance at Jan. 31, 2021 $ 128,362 $ 615 $ 43,323 $ 84,307 $ 117    
Balance (in shares) at Jan. 31, 2021   12,308,357          
[1] Derived from audited financial statements.