2020 Q4 Form 10-Q Financial Statement

#000156459020056795 Filed on December 11, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q2 2019 Q4
Revenue $76.85M $47.38M $69.55M
YoY Change 10.5% -29.31% -3.77%
Cost Of Revenue $62.60M $44.33M $56.02M
YoY Change 11.74% -20.59% -7.65%
Gross Profit $14.26M $3.045M $13.53M
YoY Change 5.43% -72.8% 16.51%
Gross Profit Margin 18.56% 6.43% 19.45%
Selling, General & Admin $9.700M $7.327M $9.117M
YoY Change 6.39% -16.34% 8.42%
% of Gross Profit 68.02% 240.62% 67.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.840M $1.946M $1.988M
YoY Change -7.44% -4.14% -2.6%
% of Gross Profit 12.9% 63.91% 14.7%
Operating Expenses $9.700M $7.327M $9.117M
YoY Change 6.39% -16.34% 8.42%
Operating Profit $4.518M -$17.99M $4.409M
YoY Change 2.47% -838.37% 3.47%
Interest Expense $100.0K $84.00K $21.00K
YoY Change 376.19% 2000.0% 50.0%
% of Operating Profit 2.21% 0.48%
Other Income/Expense, Net -$680.0K -$426.0K -$99.00K
YoY Change 586.87% -36.42% -39.63%
Pretax Income $3.897M -$18.38M $4.547M
YoY Change -14.3% -1024.7% 7.29%
Income Tax $1.613M $704.0K $1.930M
% Of Pretax Income 41.39% 42.45%
Net Earnings $2.384M -$27.83M $2.192M
YoY Change 8.76% 1741.5% -25.54%
Net Earnings / Revenue 3.1% -58.73% 3.15%
Basic Earnings Per Share $0.19 -$2.26 $0.18
Diluted Earnings Per Share $0.19 -$2.26 $0.18
COMMON SHARES
Basic Shares Outstanding 12.30M 12.30M 12.41M
Diluted Shares Outstanding 12.32M 12.30M 12.41M

Balance Sheet

Concept 2020 Q4 2020 Q2 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $50.75M $70.71M $47.20M
YoY Change 7.52% 76.75% 13.73%
Cash & Equivalents $45.29M $69.79M $46.96M
Short-Term Investments $5.462M $923.0K $0.00
Other Short-Term Assets $3.509M $2.116M $2.745M
YoY Change 27.83% -24.86% 11.54%
Inventory $47.73M $47.91M $51.44M
Prepaid Expenses
Receivables $32.96M $25.09M $23.89M
Other Receivables $0.00 $1.600M $800.0K
Total Short-Term Assets $140.0M $151.7M $130.6M
YoY Change 7.18% 23.08% 9.59%
LONG-TERM ASSETS
Property, Plant & Equipment $41.60M $43.15M $45.22M
YoY Change -8.01% -7.17% -8.17%
Goodwill $0.00 $13.57M
YoY Change -100.0% -50.15%
Intangibles $3.192M $3.380M $3.711M
YoY Change -13.99% -13.31% -65.11%
Long-Term Investments $1.900M $1.600M $1.504M
YoY Change 26.33% 6.1% 2.31%
Other Assets $547.0K $664.0K $496.0K
YoY Change 10.28% 3.27% -47.51%
Total Long-Term Assets $62.83M $63.40M $103.0M
YoY Change -38.98% -34.85% -0.9%
TOTAL ASSETS
Total Short-Term Assets $140.0M $151.7M $130.6M
Total Long-Term Assets $62.83M $63.40M $103.0M
Total Assets $202.8M $215.1M $233.5M
YoY Change -13.17% -2.48% 4.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $38.30M $23.10M $27.80M
YoY Change 37.77% 1.32% 15.35%
Accrued Expenses $11.68M $5.700M $8.300M
YoY Change 40.77% -33.97% -4.27%
Deferred Revenue $375.0K $502.0K $375.0K
YoY Change 0.0% 25.81% -42.22%
Short-Term Debt $0.00 $7.606M $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $54.10M $40.12M $40.94M
YoY Change 32.14% 14.0% 12.3%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $29.80M $900.0K
YoY Change -100.0%
Other Long-Term Liabilities $15.30M $13.70M $20.60M
YoY Change -25.73% -23.46% 27.95%
Total Long-Term Liabilities $15.30M $43.50M $21.50M
YoY Change -28.84% 143.02% 33.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $54.10M $40.12M $40.94M
Total Long-Term Liabilities $15.30M $43.50M $21.50M
Total Liabilities $75.53M $85.39M $67.60M
YoY Change 11.72% 51.64% 23.49%
SHAREHOLDERS EQUITY
Retained Earnings $83.58M $86.51M $116.7M
YoY Change -28.4% -25.15% 0.4%
Common Stock $43.65M $43.20M $44.73M
YoY Change -2.42% -2.52% -3.98%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $127.3M $129.7M $161.5M
YoY Change
Total Liabilities & Shareholders Equity $202.8M $215.1M $233.5M
YoY Change -13.17% -2.48% 5.09%

Cashflow Statement

Concept 2020 Q4 2020 Q2 2019 Q4
OPERATING ACTIVITIES
Net Income $2.384M -$27.83M $2.192M
YoY Change 8.76% 1741.5% -25.54%
Depreciation, Depletion And Amortization $1.840M $1.946M $1.988M
YoY Change -7.44% -4.14% -2.6%
Cash From Operating Activities $12.12M $5.490M $6.230M
YoY Change 94.54% -5.02% -27.05%
INVESTING ACTIVITIES
Capital Expenditures -$1.540M -$520.0K -$1.470M
YoY Change 4.76% 67.74% 9.7%
Acquisitions
YoY Change
Other Investing Activities -$4.020M $6.830M -$70.00K
YoY Change 5642.86% -21.58% -101.42%
Cash From Investing Activities -$5.560M $6.330M -$1.550M
YoY Change 258.71% -24.64% -143.18%
FINANCING ACTIVITIES
Cash Dividend Paid $1.289M $1.241M
YoY Change 4.04% 10.21%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.320M 36.13M -1.700M
YoY Change -22.35% -6223.73% -71.19%
NET CHANGE
Cash From Operating Activities 12.12M 5.490M 6.230M
Cash From Investing Activities -5.560M 6.330M -1.550M
Cash From Financing Activities -1.320M 36.13M -1.700M
Net Change In Cash 5.240M 47.95M 2.980M
YoY Change 75.84% 252.83% -52.17%
FREE CASH FLOW
Cash From Operating Activities $12.12M $5.490M $6.230M
Capital Expenditures -$1.540M -$520.0K -$1.470M
Free Cash Flow $13.66M $6.010M $7.700M
YoY Change 77.4% -1.31% -22.06%

Facts In Submission

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us-gaap Basis Of Accounting
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<p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">1. Basis of Presentation</p> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The accompanying unaudited condensed consolidated financial statements of Culp, Inc. and its majority-owned subsidiaries (the “company”) include all adjustments, which are, in the opinion of management, necessary for fair presentation of the results of operations and financial position. All of these adjustments are of a normal recurring nature. Results of operations for interim periods may not be indicative of future results. The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements, which are included in the company’s annual report on Form 10-K filed with the Securities and Exchange Commission on July 17, 2020, for the fiscal year ended May 3, 2020.</p> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The company’s six-months ended November 1, 2020, and November 3, 2019, represent 26-week and 27-week periods, respectively.</p>
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CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12298000
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12408000
CY2020Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
26000
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12324000
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12408000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12293000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12403000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
10000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12293000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12413000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
us-gaap Description Of Effect On Previously Reported Segment Information For Change In Composition Of Reportable Segments
DescriptionOfEffectOnPreviouslyReportedSegmentInformationForChangeInCompositionOfReportableSegments
Goodwill and intangible assets are not included in segment assets as these assets are not used by the Chief Operating Decision Maker to evaluate the respective segment’s operating performance, allocate resources to individual segments, or determine executive compensation.
CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
4518000
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
4409000
CY2019Q4 us-gaap Interest Expense
InterestExpense
21000
CY2020Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
59000
CY2019Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
258000
CY2020Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-680000
CY2019Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-99000
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3897000
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4547000
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
35000
us-gaap Operating Income Loss
OperatingIncomeLoss
6401000
us-gaap Operating Income Loss
OperatingIncomeLoss
7707000
us-gaap Interest Expense
InterestExpense
51000
us-gaap Interest Expense
InterestExpense
21000
us-gaap Investment Income Interest
InvestmentIncomeInterest
117000
us-gaap Investment Income Interest
InvestmentIncomeInterest
518000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1046000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-194000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5421000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8010000
culp Capital Expenditures
CapitalExpenditures
2002000
culp Capital Expenditures
CapitalExpenditures
2740000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5937000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3971000
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-392000
us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
IncomeTaxExpenseBenefitIntraperiodTaxAllocation
5937000
us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
IncomeTaxExpenseBenefitIntraperiodTaxAllocation
3579000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5900000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
1.095
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4000000.0
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.496
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
1.416
culp Effective Income Tax Rate Reconciliation Change In Tax Law
EffectiveIncomeTaxRateReconciliationChangeInTaxLaw
-0.651
culp Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income Tax Percent
EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncomeTaxPercent
0.127
culp Effective Income Tax Rate Reconciliation Withholding Taxes Associated With Foreign Jurisdictions
EffectiveIncomeTaxRateReconciliationWithholdingTaxesAssociatedWithForeignJurisdictions
0.084
culp Effective Income Tax Rate Reconciliation Withholding Taxes Associated With Foreign Jurisdictions
EffectiveIncomeTaxRateReconciliationWithholdingTaxesAssociatedWithForeignJurisdictions
0.061
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.066
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.035
culp Effective Income Tax Rate Reconciliation Foreign Exchange Rate Losses Gains
EffectiveIncomeTaxRateReconciliationForeignExchangeRateLossesGains
-0.040
culp Effective Income Tax Rate Reconciliation Foreign Exchange Rate Losses Gains
EffectiveIncomeTaxRateReconciliationForeignExchangeRateLossesGains
0.023
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.010
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.040
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
1.095
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.496
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10824000
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
711000
CY2020Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3148000
culp Dividends Received Deduction Percentage For Earnings And Profits Received From Foreign Corporation
DividendsReceivedDeductionPercentageForEarningsAndProfitsReceivedFromForeignCorporation
1
CY2020 culp Dividends Received Deduction Percentage For Earnings And Profits Received From Foreign Corporation
DividendsReceivedDeductionPercentageForEarningsAndProfitsReceivedFromForeignCorporation
1
culp Dividends Received Deduction Percentage For Earnings And Profits Received From Foreign Corporation
DividendsReceivedDeductionPercentageForEarningsAndProfitsReceivedFromForeignCorporation
1
CY2020 culp Dividends Received Deduction Foreign Corporation Ownership Percentage
DividendsReceivedDeductionForeignCorporationOwnershipPercentage
0.10
culp Dividends Received Deduction Foreign Corporation Ownership Percentage
DividendsReceivedDeductionForeignCorporationOwnershipPercentage
0.10
culp Dividends Received Deduction Foreign Corporation Ownership Percentage
DividendsReceivedDeductionForeignCorporationOwnershipPercentage
0.10
CY2020Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
3900000
CY2019Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
3200000
CY2020Q2 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
3400000
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1400000
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1400000
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1100000
CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
914000
CY2020Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1300000
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1400000
us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
renewal options for additional periods ranging up to ten years
CY2020Q4 culp Operating Lease Right Of Use Assets Including Discontinued Operation
OperatingLeaseRightOfUseAssetsIncludingDiscontinuedOperation
6165000
CY2019Q4 culp Operating Lease Right Of Use Assets Including Discontinued Operation
OperatingLeaseRightOfUseAssetsIncludingDiscontinuedOperation
5879000
CY2020Q2 culp Operating Lease Right Of Use Assets Including Discontinued Operation
OperatingLeaseRightOfUseAssetsIncludingDiscontinuedOperation
3903000
CY2020Q4 culp Operating Lease Liability Including Discontinued Operation Current
OperatingLeaseLiabilityIncludingDiscontinuedOperationCurrent
2316000
CY2019Q4 culp Operating Lease Liability Including Discontinued Operation Current
OperatingLeaseLiabilityIncludingDiscontinuedOperationCurrent
2282000
CY2020Q2 culp Operating Lease Liability Including Discontinued Operation Current
OperatingLeaseLiabilityIncludingDiscontinuedOperationCurrent
1805000
CY2020Q4 culp Operating Lease Liability Including Discontinued Operation Noncurrent
OperatingLeaseLiabilityIncludingDiscontinuedOperationNoncurrent
4008000
CY2019Q4 culp Operating Lease Liability Including Discontinued Operation Noncurrent
OperatingLeaseLiabilityIncludingDiscontinuedOperationNoncurrent
3439000
CY2020Q2 culp Operating Lease Liability Including Discontinued Operation Noncurrent
OperatingLeaseLiabilityIncludingDiscontinuedOperationNoncurrent
2016000
CY2019Q4 culp Operating Lease Right Of Use Assets Including Discontinued Operation
OperatingLeaseRightOfUseAssetsIncludingDiscontinuedOperation
5900000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5700000
us-gaap Operating Lease Payments
OperatingLeasePayments
1232000
us-gaap Operating Lease Payments
OperatingLeasePayments
1408000
us-gaap Lease Cost
LeaseCost
1400000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3618000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
22000
CY2020Q4 us-gaap Lease Cost
LeaseCost
696000
CY2019Q4 us-gaap Lease Cost
LeaseCost
706000
us-gaap Lease Cost
LeaseCost
1400000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1244000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1955000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1536000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1172000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
679000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
6586000
CY2020Q4 culp Interest Payable On Operating Lease Liabilities
InterestPayableOnOperatingLeaseLiabilities
262000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
6324000
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M18D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0251
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y4M24D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0382
CY2020Q4 culp Accounts Payable Capital Expenditures Net Current
AccountsPayableCapitalExpendituresNetCurrent
68000
CY2019Q4 culp Accounts Payable Capital Expenditures Net Current
AccountsPayableCapitalExpendituresNetCurrent
402000
CY2020Q2 culp Accounts Payable Capital Expenditures Net Current
AccountsPayableCapitalExpendituresNetCurrent
107000
CY2019Q4 culp Accounts Payable Capital Expenditures Net Current
AccountsPayableCapitalExpendituresNetCurrent
402000

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