2020 Q2 Form 10-K Financial Statement

#000156459020032587 Filed on July 17, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2020 Q1 2019 Q4
Revenue $47.38M $68.52M $69.55M
YoY Change -29.31% -6.3% -3.77%
Cost Of Revenue $44.33M $57.00M $56.02M
YoY Change -20.59% -5.09% -7.65%
Gross Profit $3.045M $11.52M $13.53M
YoY Change -72.8% -11.88% 16.51%
Gross Profit Margin 6.43% 16.81% 19.45%
Selling, General & Admin $7.327M $8.831M $9.117M
YoY Change -16.34% 1.77% 8.42%
% of Gross Profit 240.62% 76.66% 67.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.946M $1.987M $1.988M
YoY Change -4.14% -2.17% -2.6%
% of Gross Profit 63.91% 17.25% 14.7%
Operating Expenses $7.327M $8.831M $9.117M
YoY Change -16.34% 1.77% 8.42%
Operating Profit -$17.99M $2.724M $4.409M
YoY Change -838.37% -40.91% 3.47%
Interest Expense $84.00K $8.000K $21.00K
YoY Change 2000.0% 50.0%
% of Operating Profit 0.29% 0.48%
Other Income/Expense, Net -$426.0K -$282.0K -$99.00K
YoY Change -36.42% -4.08% -39.63%
Pretax Income -$18.38M $2.700M $4.547M
YoY Change -1024.7% -40.98% 7.29%
Income Tax $704.0K -$973.0K $1.930M
% Of Pretax Income -36.04% 42.45%
Net Earnings -$27.83M -$4.207M $2.192M
YoY Change 1741.5% -237.48% -25.54%
Net Earnings / Revenue -58.73% -6.14% 3.15%
Basic Earnings Per Share -$2.26 -$0.34 $0.18
Diluted Earnings Per Share -$2.26 -$0.34 $0.18
COMMON SHARES
Basic Shares Outstanding 12.30M 12.41M 12.41M
Diluted Shares Outstanding 12.30M 12.42M 12.41M

Balance Sheet

Concept 2020 Q2 2020 Q1 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $70.71M $32.60M $47.20M
YoY Change 76.75% 23.4% 13.73%
Cash & Equivalents $69.79M $21.90M $46.96M
Short-Term Investments $923.0K $10.80M $0.00
Other Short-Term Assets $2.116M $3.300M $2.745M
YoY Change -24.86% 11.71% 11.54%
Inventory $47.91M $57.60M $51.44M
Prepaid Expenses
Receivables $25.09M $26.60M $23.89M
Other Receivables $1.600M $800.0K $800.0K
Total Short-Term Assets $151.7M $120.9M $130.6M
YoY Change 23.08% -2.87% 9.59%
LONG-TERM ASSETS
Property, Plant & Equipment $43.15M $44.65M $45.22M
YoY Change -7.17% -7.25% -8.17%
Goodwill $0.00 $13.57M
YoY Change -100.0% -50.15%
Intangibles $3.380M $3.711M
YoY Change -13.31% -65.11%
Long-Term Investments $1.600M $1.668M $1.504M
YoY Change 6.1% 10.32% 2.31%
Other Assets $664.0K $464.0K $496.0K
YoY Change 3.27% -52.26% -47.51%
Total Long-Term Assets $63.40M $91.24M $103.0M
YoY Change -34.85% -9.9% -0.9%
TOTAL ASSETS
Total Short-Term Assets $151.7M $120.9M $130.6M
Total Long-Term Assets $63.40M $91.24M $103.0M
Total Assets $215.1M $212.1M $233.5M
YoY Change -2.48% -6.02% 4.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $23.10M $22.00M $27.80M
YoY Change 1.32% -22.81% 15.35%
Accrued Expenses $5.700M $7.300M $8.300M
YoY Change -33.97% -25.05% -4.27%
Deferred Revenue $502.0K $398.0K $375.0K
YoY Change 25.81% -19.11% -42.22%
Short-Term Debt $7.606M $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $40.12M $32.83M $40.94M
YoY Change 14.0% -17.07% 12.3%
LONG-TERM LIABILITIES
Long-Term Debt $29.80M $900.0K $900.0K
YoY Change
Other Long-Term Liabilities $13.70M $14.50M $20.60M
YoY Change -23.46% -8.81% 27.95%
Total Long-Term Liabilities $43.50M $15.40M $21.50M
YoY Change 143.02% -3.14% 33.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $40.12M $32.83M $40.94M
Total Long-Term Liabilities $43.50M $15.40M $21.50M
Total Liabilities $85.39M $50.24M $67.60M
YoY Change 51.64% -12.89% 23.49%
SHAREHOLDERS EQUITY
Retained Earnings $86.51M $115.4M $116.7M
YoY Change -25.15% -2.38% 0.4%
Common Stock $43.20M $44.37M $44.73M
YoY Change -2.52% -0.48% -3.98%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $129.7M $159.8M $161.5M
YoY Change
Total Liabilities & Shareholders Equity $215.1M $210.3M $233.5M
YoY Change -2.48% -6.48% 5.09%

Cashflow Statement

Concept 2020 Q2 2020 Q1 2019 Q4
OPERATING ACTIVITIES
Net Income -$27.83M -$4.207M $2.192M
YoY Change 1741.5% -237.48% -25.54%
Depreciation, Depletion And Amortization $1.946M $1.987M $1.988M
YoY Change -4.14% -2.17% -2.6%
Cash From Operating Activities $5.490M -$8.770M $6.230M
YoY Change -5.02% -688.59% -27.05%
INVESTING ACTIVITIES
Capital Expenditures -$520.0K -$1.660M -$1.470M
YoY Change 67.74% 95.29% 9.7%
Acquisitions
YoY Change
Other Investing Activities $6.830M -$12.84M -$70.00K
YoY Change -21.58% -187.35% -101.42%
Cash From Investing Activities $6.330M -$14.51M -$1.550M
YoY Change -24.64% -204.77% -143.18%
FINANCING ACTIVITIES
Cash Dividend Paid $1.289M $1.304M $1.241M
YoY Change 4.04% 5.16% 10.21%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 36.13M -2.030M -1.700M
YoY Change -6223.73% -46.15% -71.19%
NET CHANGE
Cash From Operating Activities 5.490M -8.770M 6.230M
Cash From Investing Activities 6.330M -14.51M -1.550M
Cash From Financing Activities 36.13M -2.030M -1.700M
Net Change In Cash 47.95M -25.31M 2.980M
YoY Change 252.83% -318.76% -52.17%
FREE CASH FLOW
Cash From Operating Activities $5.490M -$8.770M $6.230M
Capital Expenditures -$520.0K -$1.660M -$1.470M
Free Cash Flow $6.010M -$7.110M $7.700M
YoY Change -1.31% -403.85% -22.06%

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OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-55000
CY2020 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-60000
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-24000
CY2018 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-26000
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-10000
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-94000
CY2020 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-50000
CY2019 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
70000
CY2018 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-26000
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-50000
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
125000
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-81000
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-28717000
CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
5583000
CY2018 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
20796000
CY2020 culp Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Associated With Discontinued Operation
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestAssociatedWithDiscontinuedOperation
-4674000
CY2019 culp Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interest Associated With Discontinued Operation
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingInterestAssociatedWithDiscontinuedOperation
-218000
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-24043000
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5801000
CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
20796000
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
148630000
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2212000
CY2018 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
111000
CY2018 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1530000
CY2018 us-gaap Dividends Cash
DividendsCash
6843000
CY2019 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
4532000
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
130000
CY2019 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1319000
CY2020 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
360000
CY2020 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
1680000
CY2020 us-gaap Dividends Cash
DividendsCash
5075000
CY2020 us-gaap Depreciation
Depreciation
7827000
CY2019 us-gaap Depreciation
Depreciation
8117000
CY2018 us-gaap Depreciation
Depreciation
7672000
CY2018 us-gaap Adjustment For Amortization
AdjustmentForAmortization
351000
CY2020 culp Asset Impairment Charges From Continuing And Discontinued Operation
AssetImpairmentChargesFromContinuingAndDiscontinuedOperation
33914000
CY2020 culp Reversal Of Contingent Consideration Associated With Discontinued Operation
ReversalOfContingentConsiderationAssociatedWithDiscontinuedOperation
-6081000
CY2020 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-1606000
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
2212000
CY2018 culp Deferred Income Tax Expense Benefit From Continuing And Discontinued Operations
DeferredIncomeTaxExpenseBenefitFromContinuingAndDiscontinuedOperations
-2482000
CY2020 us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
-10000
CY2019 us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
-94000
CY2020 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-109000
CY2019 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
17000
CY2018 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-66000
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1994000
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2339000
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
299000
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
837000
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3841000
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
24000
CY2020 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-342000
CY2019 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-41000
CY2018 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-226000
CY2020 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
48000
CY2019 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
65000
CY2018 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
81000
CY2020 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
499000
CY2019 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-3427000
CY2018 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-4028000
CY2020 culp Increase Decrease In Accrued Liabilities And Deferred Compensation
IncreaseDecreaseInAccruedLiabilitiesAndDeferredCompensation
-1017000
CY2019 culp Increase Decrease In Accrued Liabilities And Deferred Compensation
IncreaseDecreaseInAccruedLiabilitiesAndDeferredCompensation
-1492000
CY2018 culp Increase Decrease In Accrued Liabilities And Deferred Compensation
IncreaseDecreaseInAccruedLiabilitiesAndDeferredCompensation
-1562000
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
103000
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-410000
CY2018 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-94000
CY2020 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-124000
CY2019 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
124000
CY2020 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-126000
CY2019 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-2329000
CY2018 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
4373000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4970000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
13873000
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
27473000
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
12096000
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4541000
CY2020 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
4585000
CY2019 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3261000
CY2018 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
8005000
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
672000
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1894000
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6000
CY2020 culp Proceeds From Long Term Note Receivable Associated With Discontinued Operation
ProceedsFromLongTermNoteReceivableAssociatedWithDiscontinuedOperation
1523000
CY2020 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
220000
CY2019 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
120000
CY2018 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
661000
CY2020 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
6606000
CY2019 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
2458000
CY2018 us-gaap Repayments Of Longterm Loans From Vendors
RepaymentsOfLongtermLoansFromVendors
3750000
CY2020 culp Proceeds From Subordinated Loan Payable Associated With The Noncontrolling Interest Of Discontinued Operation
ProceedsFromSubordinatedLoanPayableAssociatedWithTheNoncontrollingInterestOfDiscontinuedOperation
250000
CY2019 culp Proceeds From Subordinated Loan Payable Associated With The Noncontrolling Interest Of Discontinued Operation
ProceedsFromSubordinatedLoanPayableAssociatedWithTheNoncontrollingInterestOfDiscontinuedOperation
675000
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-119000
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-93000
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
85000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
29782000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
18780000
CY2020 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
6100000
CY2019 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
25680000
CY2020 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
7555000
CY2019 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
10000
CY2018 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
49000
CY2020 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
7465000
CY2019 us-gaap Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
1233000
CY2018 us-gaap Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
57000
CY2020 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
788000
CY2019 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
1011000
CY2018 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
1902000
CY2019 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
394000
CY2018 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
18000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5712000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
15161000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15113000
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
30765000
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
12000000
CY2018 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
19000000
CY2019 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
12000000
CY2018 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
19000000
CY2020 culp Proceeds From Paycheck Protection Program Loan
ProceedsFromPaycheckProtectionProgramLoan
7606000
CY2019 us-gaap Repayments Of Longterm Loans From Vendors
RepaymentsOfLongtermLoansFromVendors
1412000
CY2020 culp Payments To Acquire Businesses Financing Activities
PaymentsToAcquireBusinessesFinancingActivities
1532000
CY2020 us-gaap Payments Of Dividends
PaymentsOfDividends
5075000
CY2019 us-gaap Payments Of Dividends
PaymentsOfDividends
4732000
CY2018 us-gaap Payments Of Dividends
PaymentsOfDividends
6843000
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1680000
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3323000
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
51000
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1319000
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1530000
CY2020 culp Proceeds From Capital Contribution Associated With The Noncontrolling Interest Of Discontinued Operation
ProceedsFromCapitalContributionAssociatedWithTheNoncontrollingInterestOfDiscontinuedOperation
360000
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
50000
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
111000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
30643000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-10161000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-12012000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
433000
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
40008000
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21228000
CY2017Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20795000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
69790000
CY2020 us-gaap Fiscal Period
FiscalPeriod
<p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Fiscal Year</p> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our fiscal year is the 52 or 53-week period ending on the Sunday closest to April&#160;30.&#160;Fiscal 2020 included 53 weeks and fiscal 2019 and 2018 each included 52 weeks.</p>
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.&#160; Actual results could differ from those estimates.</p>
CY2020 culp Business Acquisitions Pro Forma Income Loss From Discontinuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromDiscontinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
-17509000
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2020Q2 us-gaap Short Term Investments
ShortTermInvestments
923000
CY2020Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
6300000
CY2019Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
5000000
CY2020Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
6400000
CY2019Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
5000000
CY2020 culp Advertising Costs Discontinued Operations
AdvertisingCostsDiscontinuedOperations
1700000
CY2019 culp Advertising Costs Discontinued Operations
AdvertisingCostsDiscontinuedOperations
2200000
CY2018 culp Advertising Costs Discontinued Operations
AdvertisingCostsDiscontinuedOperations
0
CY2020 culp Advertising Costs Continuing Operations
AdvertisingCostsContinuingOperations
0
CY2019 culp Advertising Costs Continuing Operations
AdvertisingCostsContinuingOperations
0
CY2018 culp Advertising Costs Continuing Operations
AdvertisingCostsContinuingOperations
0
CY2020 us-gaap Interest Costs Incurred
InterestCostsIncurred
190000
CY2019 us-gaap Interest Costs Incurred
InterestCostsIncurred
65000
CY2018 us-gaap Interest Costs Incurred
InterestCostsIncurred
194000
CY2020 culp Interest Costs Incurred Discontinued Operations
InterestCostsIncurredDiscontinuedOperations
84000
CY2019 culp Interest Costs Incurred Discontinued Operations
InterestCostsIncurredDiscontinuedOperations
30000
CY2020 culp Interest Costs Incurred Continuing Operations
InterestCostsIncurredContinuingOperations
106000
CY2019 culp Interest Costs Incurred Continuing Operations
InterestCostsIncurredContinuingOperations
35000
CY2018 culp Interest Costs Incurred Continuing Operations
InterestCostsIncurredContinuingOperations
194000
CY2020 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0
CY2019 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0
CY2018 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
100000
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-96000
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-62000
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-306000
CY2020 culp Asset Impairment Charges From Discontinued Operations
AssetImpairmentChargesFromDiscontinuedOperations
20200000
CY2020Q2 us-gaap Goodwill
Goodwill
0
CY2019 culp Asset Impairment Charges From Continuing And Discontinued Operation
AssetImpairmentChargesFromContinuingAndDiscontinuedOperation
0
CY2018 culp Asset Impairment Charges From Continuing And Discontinued Operation
AssetImpairmentChargesFromContinuingAndDiscontinuedOperation
0
CY2020 culp Dividends Received Deduction Percentage For Earnings And Profits Received From Foreign Corporation
DividendsReceivedDeductionPercentageForEarningsAndProfitsReceivedFromForeignCorporation
1.00
CY2020 culp Dividends Received Deduction Foreign Corporation Ownership Percentage
DividendsReceivedDeductionForeignCorporationOwnershipPercentage
0.10
CY2020 us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
renewal options for additional periods ranging up to 10 years
CY2019 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
281325000
CY2018 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
334953000
CY2020 culp Business Acquisitions Pro Forma Operating Income Loss From Continuing Operations
BusinessAcquisitionsProFormaOperatingIncomeLossFromContinuingOperations
-7568000
CY2019 culp Business Acquisitions Pro Forma Operating Income Loss From Continuing Operations
BusinessAcquisitionsProFormaOperatingIncomeLossFromContinuingOperations
13351000
CY2018 culp Business Acquisitions Pro Forma Operating Income Loss From Continuing Operations
BusinessAcquisitionsProFormaOperatingIncomeLossFromContinuingOperations
26799000
CY2020 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
-11158000
CY2019 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
6071000
CY2018 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
20455000
CY2019 culp Business Acquisitions Pro Forma Income Loss From Discontinuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromDiscontinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
-613000
CY2020 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-28667000
CY2019 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
5458000
CY2018 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
20455000
CY2020 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
-0.90
CY2019 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
0.49
CY2018 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
1.65
CY2020 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted
-0.90
CY2019 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted
0.48
CY2018 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted
1.62
CY2020 culp Business Acquisition Pro Forma Income Loss From Discontinuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromDiscontinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
-1.41
CY2019 culp Business Acquisition Pro Forma Income Loss From Discontinuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromDiscontinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
-0.05
CY2020 culp Business Acquisition Pro Forma Income Loss From Discontinuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
BusinessAcquisitionProFormaIncomeLossFromDiscontinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted
-1.41
CY2019 culp Business Acquisition Pro Forma Income Loss From Discontinuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
BusinessAcquisitionProFormaIncomeLossFromDiscontinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted
-0.05
CY2020 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-2.32
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CY2020 us-gaap Concentration Risk Labor Subject To Collective Bargaining Arrangements
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The hourly employees at our manufacturing facility in Canada (approximately 12% of our workforce) are represented by a local, unaffiliated union. The collective bargaining agreement for these employees expired on February 1, 2020. However, the provisions of this collective bargaining agreement remained in effect as negotiations for a new collective bargaining agreement were delayed due to government mandated shutdowns in response to the COVID-19 pandemic. A new collective bargaining agreement is expected to be executed during the first half of fiscal 2021. We are not aware of any efforts to organize any more of our employees, and we believe our relations with our employees are good.
CY2020 us-gaap Description Of Effect On Previously Reported Segment Information For Change In Composition Of Reportable Segments
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During fiscal 2019, we elected to no longer include goodwill and intangible assets in segment assets, as these assets are not used by the Chief Operating Decision Maker to evaluate the respective segment’s operating performance, to allocate resources to the individual segments, or determine executive compensation.
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us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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CY2019Q1 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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us-gaap Depreciation
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CY2019Q2 us-gaap Depreciation
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2019Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2018Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2019Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2019Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2019Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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CY2018Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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CY2018Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2019Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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-0.02
CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2019Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
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CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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EarningsPerShareBasic
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EarningsPerShareBasic
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CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2020Q2 us-gaap Earnings Per Share Diluted
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WorkingCapitalNet
49389000
CY2020Q1 culp Book Value Per Share
BookValuePerShare
12.93
CY2020Q1 culp Working Capital Net
WorkingCapitalNet
58862000
CY2019Q4 culp Book Value Per Share
BookValuePerShare
13.01
CY2020Q2 culp Capital Employed
CapitalEmployed
94526000
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.34
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.12
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
culp Book Value Per Share
BookValuePerShare
12.91
CY2019Q4 culp Working Capital Net
WorkingCapitalNet
48220000
CY2020Q1 culp Capital Employed
CapitalEmployed
116181000
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2020Q2 culp Book Value Per Share
BookValuePerShare
10.56
CY2019Q2 culp Book Value Per Share
BookValuePerShare
12.91
CY2019Q1 culp Book Value Per Share
BookValuePerShare
13.16
CY2018Q4 culp Book Value Per Share
BookValuePerShare
13.04
CY2018Q3 culp Book Value Per Share
BookValuePerShare
12.90
CY2019Q3 culp Working Capital Net
WorkingCapitalNet
48662000
CY2019Q2 culp Working Capital Net
WorkingCapitalNet
47736000
CY2019Q1 culp Working Capital Net
WorkingCapitalNet
50997000
CY2018Q4 culp Working Capital Net
WorkingCapitalNet
48776000
CY2018Q3 culp Working Capital Net
WorkingCapitalNet
50884000
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
44652000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
45221000
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
45475000
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
48144000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
49243000
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
51037000
CY2020Q1 us-gaap Assets
Assets
212140000
CY2019Q4 us-gaap Assets
Assets
233522000
CY2019Q3 us-gaap Assets
Assets
226247000
CY2019Q1 us-gaap Assets
Assets
225738000
CY2018Q4 us-gaap Assets
Assets
223041000
CY2018Q3 us-gaap Assets
Assets
227122000
CY2020Q2 culp Capital Expenditures
CapitalExpenditures
462000
CY2020Q1 culp Capital Expenditures
CapitalExpenditures
1431000
CY2019Q4 culp Capital Expenditures
CapitalExpenditures
1831000
culp Capital Expenditures
CapitalExpenditures
909000
CY2019Q2 culp Capital Expenditures
CapitalExpenditures
295000
CY2019Q1 culp Capital Expenditures
CapitalExpenditures
835000
CY2018Q4 culp Capital Expenditures
CapitalExpenditures
590000
CY2018Q3 culp Capital Expenditures
CapitalExpenditures
1255000
CY2020Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
1289000
CY2020Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
1304000
CY2019Q4 us-gaap Payments Of Dividends
PaymentsOfDividends
1241000
us-gaap Payments Of Dividends
PaymentsOfDividends
1241000
CY2019Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
1239000
CY2019Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
1240000
CY2018Q4 us-gaap Payments Of Dividends
PaymentsOfDividends
1126000
CY2018Q3 us-gaap Payments Of Dividends
PaymentsOfDividends
1127000
CY2020Q2 us-gaap Line Of Credit
LineOfCredit
38371000
CY2018Q3 us-gaap Line Of Credit
LineOfCredit
4000000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
159843000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
161520000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
160146000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
162775000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
162918000
CY2018Q3 culp Capital Employed
CapitalEmployed
116743000
CY2019Q4 culp Capital Employed
CapitalEmployed
107018000
CY2019Q3 culp Capital Employed
CapitalEmployed
107832000
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
161490000
culp Days Sales In Receivables
DaysSalesInReceivables
30
CY2019Q2 culp Days Sales In Receivables
DaysSalesInReceivables
33
CY2019Q1 culp Days Sales In Receivables
DaysSalesInReceivables
30
CY2018Q4 culp Days Sales In Receivables
DaysSalesInReceivables
29
CY2020Q2 culp Gross Margin
GrossMargin
0.064
CY2019Q2 culp Capital Employed
CapitalEmployed
107561000
CY2019Q1 culp Capital Employed
CapitalEmployed
112599000
CY2018Q4 culp Capital Employed
CapitalEmployed
112403000
CY2020Q1 culp Gross Margin
GrossMargin
0.168
CY2019Q4 culp Gross Margin
GrossMargin
0.194
culp Gross Margin
GrossMargin
0.176
CY2019Q2 culp Gross Margin
GrossMargin
0.167
CY2019Q1 culp Gross Margin
GrossMargin
0.179
CY2018Q4 culp Gross Margin
GrossMargin
0.161
CY2018Q3 culp Gross Margin
GrossMargin
0.144
CY2018Q3 culp Days Sales In Receivables
DaysSalesInReceivables
32
CY2020Q2 culp Operating Margin Percent
OperatingMarginPercent
-0.380
CY2020Q1 culp Operating Margin Percent
OperatingMarginPercent
0.040
CY2019Q4 culp Operating Margin Percent
OperatingMarginPercent
0.063
culp Operating Margin Percent
OperatingMarginPercent
0.047
CY2019Q2 culp Operating Margin Percent
OperatingMarginPercent
0.036
CY2019Q1 culp Operating Margin Percent
OperatingMarginPercent
0.063
CY2018Q4 culp Operating Margin Percent
OperatingMarginPercent
0.059
CY2018Q3 culp Operating Margin Percent
OperatingMarginPercent
0.030
CY2020Q2 culp Net Income Margin
NetIncomeMargin
-0.404
CY2020Q1 culp Net Income Margin
NetIncomeMargin
0.053
CY2019Q4 culp Net Income Margin
NetIncomeMargin
0.037
culp Net Income Margin
NetIncomeMargin
0.025
CY2019Q2 culp Net Income Margin
NetIncomeMargin
-0.017
CY2019Q1 culp Net Income Margin
NetIncomeMargin
0.045
CY2018Q4 culp Net Income Margin
NetIncomeMargin
0.040
CY2018Q3 culp Net Income Margin
NetIncomeMargin
0.014
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.038
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.360
CY2019Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.424
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.489
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
1.555
CY2019Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.278
CY2018Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.300
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.469
CY2020Q2 culp Debt To Capital Employed Ratio
DebtToCapitalEmployedRatio
0.406
CY2020Q1 culp Debt To Capital Employed Ratio
DebtToCapitalEmployedRatio
0.00
CY2019Q4 culp Debt To Capital Employed Ratio
DebtToCapitalEmployedRatio
0.00
CY2019Q3 culp Debt To Capital Employed Ratio
DebtToCapitalEmployedRatio
0.00
CY2019Q2 culp Debt To Capital Employed Ratio
DebtToCapitalEmployedRatio
0.00
CY2019Q1 culp Debt To Capital Employed Ratio
DebtToCapitalEmployedRatio
0.00
CY2018Q4 culp Debt To Capital Employed Ratio
DebtToCapitalEmployedRatio
0.00
CY2018Q3 culp Debt To Capital Employed Ratio
DebtToCapitalEmployedRatio
0.034
CY2020Q2 culp Operating Working Capital Turnover
OperatingWorkingCapitalTurnover
5.1
CY2020Q1 culp Operating Working Capital Turnover
OperatingWorkingCapitalTurnover
5.4
CY2019Q4 culp Operating Working Capital Turnover
OperatingWorkingCapitalTurnover
5.7
culp Operating Working Capital Turnover
OperatingWorkingCapitalTurnover
5.7
CY2019Q2 culp Operating Working Capital Turnover
OperatingWorkingCapitalTurnover
5.7
CY2019Q1 culp Operating Working Capital Turnover
OperatingWorkingCapitalTurnover
5.9
CY2018Q4 culp Operating Working Capital Turnover
OperatingWorkingCapitalTurnover
6.2
CY2018Q3 culp Operating Working Capital Turnover
OperatingWorkingCapitalTurnover
6.6
CY2020Q2 culp Days Sales In Receivables
DaysSalesInReceivables
48
CY2020Q1 culp Days Sales In Receivables
DaysSalesInReceivables
33
CY2019Q4 culp Days Sales In Receivables
DaysSalesInReceivables
30
CY2018Q4 culp Inventory Turnover
InventoryTurnover
5.1
CY2019Q2 culp High Stock Price Per Share
HighStockPricePerShare
21.06
CY2019Q1 culp High Stock Price Per Share
HighStockPricePerShare
23.84
CY2020Q2 culp Inventory Turnover
InventoryTurnover
3.5
CY2018Q4 culp High Stock Price Per Share
HighStockPricePerShare
27.78
CY2020Q1 culp Inventory Turnover
InventoryTurnover
4.3
CY2019Q4 culp Inventory Turnover
InventoryTurnover
4.5
culp Inventory Turnover
InventoryTurnover
4.9
CY2019Q2 culp Inventory Turnover
InventoryTurnover
4.5
CY2019Q1 culp Inventory Turnover
InventoryTurnover
5.1
CY2018Q3 culp Inventory Turnover
InventoryTurnover
4.4
CY2020Q2 culp High Stock Price Per Share
HighStockPricePerShare
12.93
CY2020Q1 culp High Stock Price Per Share
HighStockPricePerShare
16.92
CY2019Q4 culp High Stock Price Per Share
HighStockPricePerShare
17.49
culp High Stock Price Per Share
HighStockPricePerShare
21.08
CY2018Q3 culp High Stock Price Per Share
HighStockPricePerShare
32.05
CY2020Q2 culp Low Stock Price Per Share
LowStockPricePerShare
5.87
CY2020Q1 culp Low Stock Price Per Share
LowStockPricePerShare
12.35
CY2019Q4 culp Low Stock Price Per Share
LowStockPricePerShare
13.09
culp Low Stock Price Per Share
LowStockPricePerShare
16.41
CY2019Q2 culp Low Stock Price Per Share
LowStockPricePerShare
17.05
CY2019Q1 culp Low Stock Price Per Share
LowStockPricePerShare
18.06
CY2018Q4 culp Low Stock Price Per Share
LowStockPricePerShare
21.04
CY2018Q3 culp Low Stock Price Per Share
LowStockPricePerShare
23.90
CY2020Q2 culp Closing Stock Price Per Share
ClosingStockPricePerShare
6.91
CY2020Q1 culp Closing Stock Price Per Share
ClosingStockPricePerShare
12.63
CY2019Q4 culp Closing Stock Price Per Share
ClosingStockPricePerShare
15.35
CY2019Q3 culp Closing Stock Price Per Share
ClosingStockPricePerShare
17.39
CY2019Q2 culp Closing Stock Price Per Share
ClosingStockPricePerShare
20.74
CY2019Q1 culp Closing Stock Price Per Share
ClosingStockPricePerShare
18.47
CY2018Q4 culp Closing Stock Price Per Share
ClosingStockPricePerShare
22.31
CY2018Q3 culp Closing Stock Price Per Share
ClosingStockPricePerShare
24.75
CY2020Q2 culp Daily Average Trading Volume Shares
DailyAverageTradingVolumeShares
75.9
CY2020Q1 culp Daily Average Trading Volume Shares
DailyAverageTradingVolumeShares
41.6
CY2019Q4 culp Daily Average Trading Volume Shares
DailyAverageTradingVolumeShares
31.4
culp Daily Average Trading Volume Shares
DailyAverageTradingVolumeShares
23.5
CY2019Q2 culp Daily Average Trading Volume Shares
DailyAverageTradingVolumeShares
35.6
CY2019Q1 culp Daily Average Trading Volume Shares
DailyAverageTradingVolumeShares
43.3
CY2018Q4 culp Daily Average Trading Volume Shares
DailyAverageTradingVolumeShares
29.8
CY2018Q3 culp Daily Average Trading Volume Shares
DailyAverageTradingVolumeShares
27.0

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