Culp (CULP) 10-Q 9 Dec 22 2023 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Oct. 30, 2022	Dec. 07, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Oct. 30, 2022
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Entity Registrant Name	CULP INC
Entity Central Index Key	0000723603
Current Fiscal Year End Date	--04-30
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Trading Symbol	CULP
Entity Common Stock, Shares Outstanding		12,293,762
Entity File Number	1-12597
Entity Tax Identification Number	56-1001967
Entity Address, Address Line One	1823 Eastchester Drive
Entity Address, City or Town	High Point
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	27265-1402
City Area Code	336
Local Phone Number	889-5161
Entity Incorporation State Country Code	NC
Title of 12(b) Security	Common Stock, par value $.05/ Share
Security Exchange Name	NYSE
Document Quarterly Report	true
Document Transition Report	false

CONSOLIDATED STATEMENTS OF NET

CONSOLIDATED STATEMENTS OF NET (LOSS) INCOME - USD ($) shares in Thousands	3 Months Ended		6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Income Statement [Abstract]
Net sales	$ 58,381,000	$ 74,561,000	$ 120,985,000	$ 157,608,000
Cost of sales	(60,594,000)	(63,834,000)	(119,071,000)	(134,382,000)
Gross (loss) profit	(2,213,000)	10,727,000	1,914,000	23,226,000
Selling, general and administrative expenses	(9,103,000)	(9,087,000)	(17,968,000)	(18,268,000)
Restructuring expense	(615,000)		(615,000)
(Loss) income from operations	(11,931,000)	1,640,000	(16,669,000)	4,958,000
Interest income	79,000	59,000	96,000	132,000
Other income (expense)	829,000	(404,000)	747,000	(640,000)
(Loss) income before income taxes	(11,023,000)	1,295,000	(15,826,000)	4,450,000
Income tax expense	(1,150,000)	(444,000)	(2,046,000)	(1,349,000)
Net (loss) income	$ (12,173,000)	$ 851,000	$ (17,872,000)	$ 3,101,000
Net (loss) income per share - basic	$ (0.99)	$ 0.07	$ (1.46)	$ 0.25
Net (loss) income per share - diluted	$ (0.99)	$ 0.07	$ (1.46)	$ 0.25
Average shares outstanding, basic	12,280	12,223	12,259	12,268
Average shares outstanding, diluted	12,280	12,316	12,259	12,369

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Consolidated Statements of Comprehensive (Loss) Income
Net (loss) income	$ (12,173)	$ 851	$ (17,872)	$ 3,101
Unrealized holding (loss) gain on investments, net of tax	(46)	(5)	(53)	143
Reclassification adjustment for realized gain on sale of investments		(4)		(4)
Comprehensive (loss) income	$ (12,219)	$ 842	$ (17,925)	$ 3,240

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Oct. 30, 2022	May 01, 2022		Oct. 31, 2021
Current assets:
Cash and cash equivalents	$ 19,137,000	$ 14,550,000	[1]	$ 16,956,000
Short-term investments - held-to-maturity				1,564,000
Short-term investments - available for sale				9,709,000
Short-term investments - rabbi trust	2,237,000
Accounts receivable, net	22,443,000	22,226,000	[1]	32,316,000
Inventories	52,224,000	66,557,000	[1]	63,781,000
Current income taxes receivable	510,000	857,000	[1]	613,000
Other current assets	3,462,000	2,986,000	[1]	3,811,000
Total current assets	100,013,000	107,176,000	[1]	128,750,000
Property, plant and equipment, net	38,832,000	41,702,000	[1]	43,265,000
Right of use assets	11,609,000	15,577,000	[1]	13,649,000
Intangible assets	2,440,000	2,628,000	[1]	2,816,000
Long-term investments - rabbi trust	7,526,000	9,357,000	[1]	9,036,000
Long-term investments - held-to-maturity				8,353,000
Deferred income taxes	493,000	528,000	[1]	452,000
Other assets	717,000	595,000	[1]	3,004,000
Total assets	161,630,000	177,563,000	[1]	209,325,000
Current liabilities:
Accounts payable - trade	24,298,000	20,099,000	[1]	40,525,000
Accounts payable - capital expenditures	200,000	473,000	[1]	176,000
Operating lease liability - current	2,655,000	3,219,000	[1]	2,878,000
Deferred compensation	2,237,000
Deferred revenue	1,527,000	520,000	[1]	679,000
Accrued expenses	7,594,000	7,832,000	[1]	11,019,000
Accrued restructuring	33,000
Income taxes payable - current	969,000	413,000	[1]	646,000
Total current liabilities	39,513,000	32,556,000	[1]	55,923,000
Operating lease liability - noncurrent	4,194,000	7,062,000	[1]	7,914,000
Income taxes payable - long-term	2,629,000	3,097,000	[1]	3,099,000
Deferred income taxes	5,700,000	6,004,000	[1]	4,918,000
Deferred compensation	7,486,000	9,343,000	[1]	9,017,000
Total liabilities	59,522,000	58,062,000	[1]	80,871,000
Commitments and Contingencies -Notes 9, 15, and 16)
Shareholders' equity
Preferred stock, $0.05 par value, authorized 10,000,000
Common stock, $0.05 par value, authorized 40,000,000 shares, issued and outstanding 12,293,762 at October 30, 2022; 12,209,710 at October 31, 2021; and 12,228,629 at May 1, 2022	615,000	611,000	[1]	611,000
Capital contributed in excess of par value	43,671,000	43,143,000	[1]	42,719,000
Accumulated earnings	57,843,000	75,715,000	[1]	84,839,000
Accumulated other comprehensive (loss) income	(21,000)	32,000	[1]	285,000
Total shareholders' equity	102,108,000	119,501,000	[1]	128,454,000
Total liabilities and shareholders' equity	$ 161,630,000	$ 177,563,000	[1]	$ 209,325,000
[1] Derived from audited financial statements.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Oct. 30, 2022	May 01, 2022	[1]	Oct. 31, 2021
Statement Of Financial Position [Abstract]
Preferred stock, par value	$ 0.05	$ 0.05		$ 0.05
Preferred stock, authorized shares	10,000,000	10,000,000		10,000,000
Common stock, par value	$ 0.05	$ 0.05		$ 0.05
Common stock, authorized shares	40,000,000	40,000,000		40,000,000
Common stock, issued	12,293,762	12,228,629		12,209,710
Common stock, outstanding	12,293,762	12,228,629		12,209,710
[1] Derived from audited financial statements.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021
Cash flows from operating activities:
Net (loss) income	$ (17,872,000)	$ 3,101,000
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:
Depreciation	3,489,000	3,471,000
Non-cash inventory charges	6,439,000	579,000
Amortization	214,000	267,000
Stock-based compensation	565,000	709,000
Deferred income taxes	(269,000)	(319,000)
Realized gain from the sale of short-term investments available for sale		(4,000)
Gain sale of equipment	(232,000)
Foreign currency exchange (gain) loss	(1,168,000)	170,000
Changes in assets and liabilities:
Accounts receivable	(443,000)	5,441,000
Inventories	7,192,000	(8,329,000)
Other current assets	(728,000)	39,000
Other assets	58,000	(987,000)
Accounts payable – trade	6,027,000	(2,269,000)
Deferred revenue	1,007,000	139,000
Accrued expenses and deferred compensation	1,254,000	(2,908,000)
Accrued restructuring	33,000
Income taxes	601,000	(428,000)
Net cash provided by (used in) operating activities	6,167,000	(1,328,000)
Cash flows from investing activities:
Capital expenditures	(1,051,000)	(3,901,000)
Proceeds from the sale of equipment	465,000
Proceeds from the maturity of short-term investments (Held to Maturity)		3,200,000
Purchase of short-term and long-term investments (Held to Maturity)		(8,876,000)
Purchase of short-term investments (Available for Sale)		(4,371,000)
Proceeds from the sale of long-term investments (rabbi trust)	46,000
Proceeds from the sale of short-term investments (Available for Sale)		306,000
Purchase of long-term investments (rabbi trust)	(505,000)	(580,000)
Net cash used in investing activities	(1,045,000)	(14,222,000)
Cash flows from financing activities:
Dividends paid		(2,699,000)
Common stock repurchased		(1,752,000)
Common stock surrendered for withholding taxes payable	(33,000)	(50,000)
Payments of debt issuance costs	(206,000)
Net cash used in financing activities	(239,000)	(4,501,000)
Effect of exchange rate changes on cash and cash equivalents	(296,000)	(2,000)
Increase (decrease) in cash and cash equivalents	4,587,000	(20,053,000)
Cash and cash equivalents at beginning of period	14,550,000	37,009,000
Cash and cash equivalents at end of period	$ 19,137,000	$ 16,956,000

CONSOLIDATED STATEMENTS OF SHAR

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
Balance at May. 02, 2021	[1]	$ 129,006		$ 616		$ 43,807		$ 84,437		$ 146
Balance (in shares) at May. 02, 2021	[1]			12,312,822
Net income (loss)		2,250						2,250
Stock-based compensation		274				274
Unrealized gain (loss) on investments		148								148
Common stock issued in connection with vesting of performance based restricted stock units (in shares)				10,863
Common stock surrendered in connection with payroll withholding taxes		(50)				(50)
Common stock surrendered in connection with payroll withholding taxes (in shares)				(3,025)
Fully vested common stock award, (in shares)				4,312
Common stock repurchased		(723)		$ (2)		(721)
Common stock repurchased (in shares)				(48,686)
Dividends paid		(1,356)						(1,356)
Balance at Aug. 01, 2021		129,549		$ 614		43,310		85,331		294
Balance (in shares) at Aug. 01, 2021				12,276,286
Balance at May. 02, 2021	[1]	129,006		$ 616		43,807		84,437		146
Balance (in shares) at May. 02, 2021	[1]			12,312,822
Net income (loss)		3,101
Common stock repurchased		(1,800)
Common stock repurchased (in shares)				(121,688)
Balance at Oct. 31, 2021		128,454		$ 611		42,719		84,839		285
Balance (in shares) at Oct. 31, 2021				12,209,710
Balance at Aug. 01, 2021		129,549		$ 614		43,310		85,331		294
Balance (in shares) at Aug. 01, 2021				12,276,286
Net income (loss)		851						851
Stock-based compensation		435				435
Unrealized gain (loss) on investments		(9)								(9)
Fully vested common stock award, (in shares)				6,426
Common stock repurchased		(1,029)		$ (3)		(1,026)
Common stock repurchased (in shares)				(73,002)
Dividends paid		(1,343)						(1,343)
Balance at Oct. 31, 2021		128,454		$ 611		42,719		84,839		285
Balance (in shares) at Oct. 31, 2021				12,209,710
Balance at May. 01, 2022		119,501	[2]	$ 611	[1]	43,143	[1]	75,715	[1]	32	[1]
Balance (in shares) at May. 01, 2022	[1]			12,228,629
Net income (loss)		(5,699)						(5,699)
Stock-based compensation		252				252
Unrealized gain (loss) on investments		(7)								(7)
Common stock issued in connection with vesting of performance based restricted stock units (in shares)				913
Common stock issued in connection with the vesting of time-based restricted stock units				$ 2		(2)
Common stock issued in connection with the vesting of time-based restricted stock units (in shares)				32,199
Common stock surrendered in connection with payroll withholding taxes		(52)				(52)
Common stock surrendered in connection with payroll withholding taxes (in shares)				(6,708)
Fully vested common stock award				$ 1		(1)
Fully vested common stock award, (in shares)				19,753
Balance at Jul. 31, 2022		113,995		$ 614		43,340		70,016		25
Balance (in shares) at Jul. 31, 2022				12,274,786
Balance at May. 01, 2022		119,501	[2]	$ 611	[1]	43,143	[1]	75,715	[1]	32	[1]
Balance (in shares) at May. 01, 2022	[1]			12,228,629
Net income (loss)		(17,872)
Common stock repurchased (in shares)				0
Balance at Oct. 30, 2022		102,108		$ 615		43,671		57,843		(21)
Balance (in shares) at Oct. 30, 2022				12,293,762
Balance at Jul. 31, 2022		113,995		$ 614		43,340		70,016		25
Balance (in shares) at Jul. 31, 2022				12,274,786
Net income (loss)		(12,173)						(12,173)
Stock-based compensation		313				313
Unrealized gain (loss) on investments		(46)								(46)
Common stock issued in connection with vesting of performance based restricted stock units (in shares)				669
Common stock surrendered in connection with payroll withholding taxes		19				19
Common stock surrendered in connection with payroll withholding taxes (in shares)				(20)
Fully vested common stock award				$ 1		(1)
Fully vested common stock award, (in shares)				18,327
Balance at Oct. 30, 2022		$ 102,108		$ 615		$ 43,671		$ 57,843		$ (21)
Balance (in shares) at Oct. 30, 2022				12,293,762
[1] Derived from audited financial statements. Derived from audited financial statements.

Basis of Presentation

Basis of Presentation	6 Months Ended
	Oct. 30, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Presentation	1. Basis of Presentation The accompanying unaudited condensed consolidated financial statements of Culp, Inc. and its majority-owned subsidiaries (the “company”) include all adjustments that are, in the opinion of management, necessary for fair presentation of the results of operations and financial position. All 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 that are included in the company’s annual report on Form 10-K filed with the Securities and Exchange Commission on July 15, 2022, for the fiscal year ended May 1, 2022. Certain amounts presented in the prior period have been reclassified to conform to the current period financial statement presentation. A non-cash charge totaling $ 579,000 for markdowns of inventory estimated based on our policy for aged inventory was reclassified from the line item "Inventories" to the line item "Non-cash inventory charges" in the Consolidated Statement of Cash Flows for the six-months ended October 31, 2021. This reclassification did not have an effect on previously reported net cash used in operating activities and decrease in cash and cash equivalents. The company’s six-months ended October 30, 2022, and October 31, 2021, each represent 26-week periods.

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Oct. 30, 2022
Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies As of October 30, 2022, there were no changes in the nature of our significant accounting policies or the application of those policies from those reported in our annual report on Form 10-K for the year then ended May 1, 2022. Recently Adopted Accounting Pronouncements There were not any recently adopted accounting pronouncements during the first half of fiscal 2023. Recently Issued Accounting Pronouncements Currently, there are no new recent accounting pronouncements that are expected to have a material effect on our consolidated financial statements.

Allowance for Doubtful Accounts

Allowance for Doubtful Accounts	6 Months Ended
	Oct. 30, 2022
Receivables [Abstract]
Allowance for Doubtful Accounts	3. Allowance for Doubtful Accounts A summary of the activity in the allowance for doubtful accounts follows: Six Months Ended (dollars in thousands) October 30, 2022 October 31, 2021 Beginning balance $ 292 $ 591 Provision for bad debts 49 ( 23 ) Write-offs, net of recoveries ( 53 ) ( 34 ) Ending balance $ 288 $ 534 During the six-month periods ended October 30, 2022, and October 31, 2021, we assessed the credit risk of our customers within our accounts receivable portfolio. Our risk assessment includes the respective customer’s (i) financial position; (ii) past payment history; (iii) management’s general ability; and (iv) historical loss experience; as well as (v) any other ongoing economic conditions. After our risk assessment was completed, we assigned credit grades to our customers, which in turn, were used to determine our allowance for doubtful accounts totaling $ 288,000 and $ 534,000 as of October 30, 2022, and October 31, 2021, respectively. On June 25, 2022, a customer and its affiliates associated with our mattress fabrics segment announced that they filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code. Subject to court approval, our customer and its affiliates entered into an asset purchase agreement for the sale of substantially all of their assets. The proposed buyer under the asset purchase agreement has also provided a commitment for debtor-in-possession financing to allow our customer and its affiliates to conduct normal business operations pending the anticipated closing of the sale. A credit loss associated with accounts receivable outstanding as of May 1, 2022, for this customer and its affiliates was not recorded as we received payment in full regarding these invoices, and based on information available to us at this time, we do not believe there is a risk of material loss on these accounts. In addition, based on the information available to us at this time, we currently do not expect to record a material credit loss associated with accounts receivable for this customer and its affiliates for outstanding invoices after May 1, 2022 relating to products sold prior to the bankruptcy filing. During the second quarter of fiscal 2023, we received payments on a portion of the outstanding invoices after May 1, 2022, and we currently expect to receive payments on the remaining outstanding invoices after May 1, 2022, during the third quarter of fiscal 2023.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	6 Months Ended
	Oct. 30, 2022
Revenue From Contract With Customer [Abstract]
Revenue from Contracts with Customers	4 . Revenue from Contracts with Customers Nature of Performance Obligations Our operations are classified into two business segments: mattress fabrics and upholstery fabrics. The mattress fabrics segment manufactures, sources, and sells fabrics and mattress covers primarily to bedding manufacturers. The upholstery fabrics segment develops, manufactures, sources, and sells fabrics primarily to residential and commercial furniture manufacturers. In addition, the upholstery fabrics segment includes Read Window Products LLC (“Read”), which provides window treatments and sourcing of upholstery fabrics and other products, as well as measuring and installation services for Read’s products, to customers in the hospitality and commercial industries. Read also supplies soft goods such as decorative top sheets, coverlets, duvet covers, bed skirts, bolsters, and pillows. Our primary performance obligations include the sale of mattress fabrics and upholstery fabrics, as well as the performance of customized fabrication and installation services for Read’s products associated with window treatments. Contract Assets & Liabilities Certain contracts, primarily those for customized fabrication and installation services associated with Read, require upfront customer deposits that result in a contract liability which is recorded in the Consolidated Balance Sheets as deferred revenue. Our terms are customary within the industries in which we operate and are not considered financing arrangements. There were no contract assets recognized as of October 30, 2022, October 31, 2021, and May 1, 2022. A summary of the activity associated with deferred revenue follows: Six months ended (dollars in thousands) October 30, 2022 October 31, 2021 Beginning balance $ 520 $ 540 Revenue recognized on contract liabilities ( 1,747 ) ( 1,445 ) Payments received for services not yet rendered 2,754 1,584 Ending balance $ 1,527 $ 679 Disaggregation of Revenue The following table presents our disaggregated revenue by segment, timing of revenue recognition, and product sales versus services rendered for the three-month period ending October 30, 2022: Mattress Upholstery (dollars in thousands) Fabrics Fabrics Total Products transferred at a point in time $ 26,230 $ 29,883 $ 56,113 Services transferred over time — 2,268 2,268 Total Net Sales $ 26,230 $ 32,151 $ 58,381 The following table presents our disaggregated revenue by segment, timing of revenue recognition, and product sales versus services rendered for the six-month period ending October 30, 2022: Mattress Upholstery (dollars in thousands) Fabrics Fabrics Total Products transferred at a point in time $ 55,602 $ 61,406 $ 117,008 Services transferred over time — 3,977 3,977 Total Net Sales $ 55,602 $ 65,383 $ 120,985 The following table presents our disaggregated revenue by segment, timing of revenue recognition, and product sales versus services rendered for the three-month period ending October 31, 2021: Mattress Upholstery (dollars in thousands) Fabrics Fabrics Total Products transferred at a point in time $ 40,883 $ 31,415 $ 72,298 Services transferred over time — 2,263 2,263 Total Net Sales $ 40,883 $ 33,678 $ 74,561 The following table presents our disaggregated revenue by segment, timing of revenue recognition, and product sales versus services rendered for the six-month period ending October 31, 2021: Mattress Upholstery (dollars in thousands) Fabrics Fabrics Total Products transferred at a point in time $ 83,941 $ 69,705 $ 153,646 Services transferred over time — 3,962 3,962 Total Net Sales $ 83,941 $ 73,667 $ 157,608

Inventories

Inventories	6 Months Ended
	Oct. 30, 2022
Inventory Disclosure [Abstract]
Inventories	5. Inventories Inventories are carried at the lower of cost or net realizable value. Cost is determined using the FIFO (first-in, first-out) method. A summary of inventories follows: (dollars in thousands) October 30, October 31, May 1, Raw materials $ 9,859 $ 10,626 $ 13,477 Work-in-process 3,724 4,480 4,237 Finished goods 38,641 48,675 48,843 $ 52,224 $ 63,781 $ 66,557 Substantial and Unusual Losses Resulting from Subsequent Measurement of Inventory Overall Second Quarter of Fiscal 2023 and 2022 For the second quarter of fiscal 2023, we incurred a non-cash inventory charge totaling $ 5.3 million. This charge represents a $ 2.9 million write down of inventory to its net realizable value associated with our mattress fabrics segment, $ 2.3 million related to markdowns of inventory estimated based on our policy for aged inventory in both our mattress and upholstery fabrics segments, and $ 98,000 for the loss on disposal and markdowns of inventory related to the exit of our cut and sew upholstery fabrics operation located in Shanghai, China (see Note 8 to the consolidated financial statements). Of the $ 5.3 million non-cash inventory charge for the second quarter of fiscal 2023, $ 3.8 million and $ 1.5 million pertained to our mattress fabrics and upholstery fabrics segments, respectively. For the second quarter of fiscal 2022, we incurred a non-cash inventory charge totaling $ 226,000 that related to markdowns of inventory estimated based on our policy for aged inventory for both mattress and upholstery fabrics segments. Year to Date Through Second Quarter of Fiscal 2023 and 2022 For the six-month period of fiscal 2023, we incurred a non-cash inventory charge totaling $ 6.4 million. This charge represents a $ 2.9 million write down of inventory to its net realizable value associated with our mattress fabrics segment, $ 3.4 million related to markdowns of inventory estimated based on our policy for aged inventory in both our mattress and upholstery fabrics segments, and $ 98,000 for the loss on disposal and markdowns of inventory related to the exit of our cut and sew upholstery fabrics operation located in Shanghai, China (see Note 8 to the consolidated financial statements). Of the $ 6.4 million non-cash inventory charge for the six-month period of fiscal 2023, $ 4.2 million and $ 2.2 million pertained to our mattress fabrics and upholstery fabrics segments, respectively. The non-cash inventory charge of $ 579,000 for the six-month period of fiscal 2022 represents markdowns of inventory estimated based on our policy for aged inventory in both mattress and upholstery fabrics segments. Mattress Fabrics Segment - Net Realizable Value During the second quarter of fiscal 2023, our mattress fabrics segment experienced a 35.8 % decline in net sales compared with the second quarter of fiscal 2022. This decline in net sales led to a significant decrease in gross margin to ( 8.7 %), excluding the non-cash charge of $ 3.8 million disclosed above, during the second quarter of fiscal 2023, as compared with gross margin of 15.0 % during the second quarter of fiscal 2022. The significant decline in net sales and profitability during the second quarter of fiscal 2023 stemmed from a greater than anticipated decline in consumer discretionary spending, which we believe was due to the following factors: (i) inflationary effects of commodities such as gas, food, and other necessities; (ii) a significant increase in interest rates; (iii) the pulling forward of demand for home goods products during the early years of the COVID-19 pandemic, which demand has now shifted to travel, leisure, and other services; and (iv) excess inventory held by customers due to the decline in consumer demand. Based on this evidence, management conducted a thorough review of its mattress fabrics inventory, and as result, recorded a charge of $ 2.9 million within cost of sales to write down inventory to its net realizable value. This $ 2.9 million charge was based on management's best estimates of product sales prices, customer demand trends, and its plans to transition to new products. Based on the current unfavorable macroeconomic conditions, it is possible that the estimates used by management to determine the write down of inventory to its net realizable value could be materially different from the actual amounts or its results. These differences could result in higher than expected inventory provisions, which could adversely affect the company's results of operations and financial condition in the near term.

Intangible Assets

Intangible Assets	6 Months Ended
	Oct. 30, 2022
Goodwill And Intangible Assets Disclosure [Abstract]
Intangible Assets	6. Intangible Assets A summary of intangible assets follows: (dollars in thousands) October 30, October 31, May 1, Tradename $ 540 $ 540 $ 540 Customer relationships, net 1,486 1,787 1,636 Non-compete agreement, net 414 489 452 $ 2,440 $ 2,816 $ 2,628 Tradename Our tradename as of October 30, 2022, October 31, 2021, and May 1, 2022, pertained to Read, a separate reporting unit within the upholstery fabrics segment. This tradename was determined to have an indefinite useful life at the time of its acquisition, and therefore is not being amortized. However, we are required to assess this tradename annually or between annual tests if we believe indicators of impairment exist. Based on our assessment as of October 30, 2022, no indicators of impairment existed, and therefore we did no t record any asset impairment charges associated with our tradename through the second quarter of fiscal 2023. Customer Relationships A summary of the change in the carrying amount of our customer relationships follows: Six months ended (dollars in thousands) October 30, 2022 October 31, 2021 Beginning balance $ 1,636 $ 1,937 Amortization expense ( 150 ) ( 150 ) Ending balance $ 1,486 $ 1,787 Our customer relationships are amortized on a straight-line basis over useful lives ranging from nine to seventeen years . The gross carrying amount of our customer relationships was $ 3.1 million as of October 30, 2022, October 31, 2021, and May 1, 2022, respectively. Accumulated amortization for these customer relationships was $ 1.6 million, $ 1.3 million, and $ 1.5 million as of October 30, 2022, October 31, 2021, and May 1, 2022, respectively. The remaining amortization expense for the next five fiscal years and thereafter follows: FY 2023 - $ 151,000 ; FY 2024 - $ 301,000 ; FY 2025 - $ 301,000 ; FY 2026 - $ 301,000 ; FY 2027 - $ 279,000 ; and thereafter - $ 153,000 . The weighted average amortization period for our customer relationships was 5.2 years as of October 30, 2022. Non-Compete Agreement A summary of the change in the carrying amount of our non-compete agreement follows: Six months ended (dollars in thousands) October 30, 2022 October 31, 2021 Beginning balance $ 452 $ 527 Amortization expense ( 38 ) ( 38 ) Ending balance $ 414 $ 489 Our non-compete agreement is associated with a prior acquisition by our mattress fabrics segment and is amortized on a straight-line basis over the fifteen-year life of the agreement. The gross carrying amount of our non-compete agreement was $ 2.0 million as of October 30, 2022, October 31, 2021, and May 1, 2022, respectively. Accumulated amortization for our non-compete agreement was $ 1.6 million, $ 1.5 million, and $ 1.6 million as of October 30, 2022, October 31, 2022, and May 1, 2022, respectively. The remaining amortization expense for the next five years and thereafter follows: FY 2023 - $ 37,000 ; FY 2024 - $ 76,000 ; FY 2025 - $ 76,000 ; FY 2026 - $ 76,000 ; FY 2027 - $ 76,000 , and thereafter - $ 73,000 . The weighted average amortization period for the non-compete agreement was 5.5 years as of October 30, 2022. Impairment As of October 30, 2022, management reviewed the long-lived assets associated with our mattress fabrics segment, which consisted of property, plant, and equipment, right of use assets, and finite-lived intangible assets (collectively known as the "Asset Group"), for impairment, as events and changes in circumstances occurred that indicated the carrying amount of the Asset Group may not be recoverable. During the second quarter of fiscal 2023, our mattress fabrics segment experienced a 35.8 % decline in net sales compared with the second quarter of fiscal 2022. This decline in net sales led to a significant decrease in gross margin to ( 23.1 %) during the second quarter of fiscal 2023, as compared with gross margin of 15.0 % during the second quarter of fiscal 2022. The significant decline in net sales and profitability during the second quarter of fiscal 2023 stemmed from a greater than anticipated decline in consumer discretionary spending, which we believe was due to the following factors: (i) inflationary effects of commodities such as gas, food, and other necessities; (ii) a significant increase in interest rates; (iii) the pulling forward of demand for home goods products during the early years of the COVID-19 pandemic, which demand has now shifted to travel, leisure, and other services; and (iv) excess inventory held by customers due to the decline in consumer demand. Based on the above evidence, we were required to determine the recoverability of the Asset Group, which is classified as held and used, by comparing the carrying amount of the Asset Group to the sum of the future undiscounted cash flows expected to result from its use and eventual disposition. If the carrying amount of an asset group exceeds its estimated future cash flows, an impairment charge is recognized for the excess of the carrying amount over the fair value (i.e., the sum of undiscounted future cash flows) of the asset. The carrying amount of the Asset Group totaled $ 38.8 million, which relates to property, plant, and equipment of $ 35.9 million, right of use assets of $ 2.1 million, a non-compete agreement of $ 414,000 , and customer relationships of $ 383,000 . Based on the comparison of the carrying amount of the Asset Group to the sum of its future undiscounted cash flows from its use and eventual disposition, we determined no impairment existed as of October 30, 2022, as the carrying amount of the Asset Group totaling $ 38.8 million did not exceed the sum of its future undiscounted cash flows.

Accrued Expenses

Accrued Expenses	6 Months Ended
	Oct. 30, 2022
Text Block [Abstract]
Accrued Expenses	7. Accrued Expenses A summary of accrued expenses follows: (dollars in thousands) October 30, October 31, May 1, Compensation, commissions and related benefits $ 4,489 $ 5,986 $ 4,248 Other accrued expenses 3,105 5,033 3,584 $ 7,594 $ 11,019 $ 7,832

Exit and Disposal Activity

Exit and Disposal Activity	6 Months Ended
	Oct. 30, 2022
Restructuring and Related Activities [Abstract]
Exit and Disposal Activity	8. Exit and Disposal Activity During the second quarter of fiscal 2023, we closed our cut and sew upholstery fabrics operation located in Shanghai, China, which included the termination of an agreement to lease a building. This strategic action, along with the further use of our Asian supply chain, was our response to adjust our operating costs to better align with the declining consumer demand for cut and sewn products. The following summarizes our restructuring expense and restructuring related charges that were associated with the above exit and disposal activity: Six Months Ended (dollars in thousands) October 30, 2022 Employee termination benefits $ 468 Loss on disposal and markdowns of inventory 98 Loss on disposal of equipment 80 Lease termination costs 47 Other associated costs 20 Restructuring expense and restructuring related charges (1) $ 713 (1) Of the total $ 713,000 , $ 615,000 and $ 98,000 were recorded to restructuring expense and cost of sales, respectively, in the Consolidated Statement of Net Loss for the six-month period ending October 30, 2022. The following summarizes the activity in accrued restructuring for the six-month period ending October 30, 2022: Employee Lease Other Termination Termination Associated (dollars in thousands) Benefits Costs Costs Total Beginning balance $ — $ — $ — $ — Accrual established in fiscal 2023 468 47 — 515 Expenses incurred — — 20 20 Payments ( 468 ) ( 16 ) ( 18 ) ( 502 ) Ending balance $ — $ 31 $ 2 $ 33

Lines of Credit

Lines of Credit	6 Months Ended
	Oct. 30, 2022
Debt Disclosure [Abstract]
Lines of Credit	9. Lines of Credit Revolving Credit Agreement – United States Existing Credit Agreement As of May 1, 2022, we had a Credit Agreement (the “Existing Credit Agreement”) with Wells Fargo Bank, N.A. (“Wells Fargo”) that provided a revolving loan commitment of $ 30 million, was set to expire on August 15, 2022 , and allowed us to issue letters of credit not to exceed $ 1 million. Amended Agreement Effective June 24, 2022, we entered into an Amended and Restated Credit Agreement (“the Amended Agreement”) with Wells Fargo. The Amended Agreement amends, restates, supersedes, and serves as a replacement for the Existing Credit Agreement. The Amended Agreement provides a revolving credit facility of up to $ 40 million, is secured by a lien on the company’s assets, and expires in June 2025 . The proceeds of borrowings under the Amended Agreement are to be used for working capital and other general corporate purposes. The company’s available borrowings under the Amended Agreement are based on a borrowing base calculation using certain accounts receivable and inventory of the company, subject to certain sub-limits as defined in the Amended Agreement, to be calculated on a monthly basis. As of October 30, 2022, our available borrowings based on the borrowing base calculation under the Amended Agreement was $ 26.8 million. Similar to the Existing Credit Agreement, the Amended Agreement contains a sub-facility that allows the company to issue letters of credit in an aggregate amount not to exceed $ 1 million. Borrowings under the Amended Agreement bear interest at a rate calculated using a margin (the “Applicable Margin”) over the Federal Reserve Bank of New York’s secured overnight funding rate (SOFR). The Applicable Margin is set initially at 1.35 % and may vary under the terms of the Amended Agreement from 1.35 % to 2.50 %, depending on the ratio of the company’s consolidated debt to consolidated EBITDA, as defined in the Amended Agreement, determined on a quarterly basis. The Amended Agreement contains customary affirmative and negative covenants and requires compliance by the company with certain financial covenants, including minimum tangible net worth of $ 100 million plus 50 % of annual net income, and a minimum ratio of consolidated EBITDA to consolidated net interest expense of 3.0 to 1.0 as defined in the Amended Agreement. The EBITDA to interest expense covenant does not apply under the Amended Agreement during the first three quarters of the company’s fiscal 2023, but during that period, the company must maintain “access to liquidity” of $ 15 million, which is defined as unencumbered liquid assets plus available and unused credit under the revolving credit facility as calculated using the borrowing base, as defined in the Amended Agreement. First Amendment On August 19, 2022, we entered into a First Amendment to the Amended Agreement (“the First Amendment”) with Wells Fargo. The terms of the First Amendment amend the time period in which the financial covenant for the minimum ratio of consolidated EBITDA to consolidated net interest expense applies, such that this EBITDA to interest expense covenant does not apply during any of the four quarters of the Company’s fiscal 2023. During that time period, we are still required to maintain minimum “access to liquidity” of $ 15 million as mentioned in the above Amended Agreement section. Subsequent Event We executed a non-binding term sheet during the second quarter of fiscal 2023 with Wells Fargo for a new revolving credit facility (the "Credit Facility") of up to $ 40 million, secured by the company's assets. This proposed Credit Facility will replace our Amended Agreement and, based on information available at this time, is expected to provide greater borrowing availability and better flexibility with minimal financial covenants. The company's borrowing availability under the Credit Facility will be based on a calculation using certain of the company's accounts receivable and inventory, determined on a monthly basis. The completion of the Credit Facility is subject to the parties entering into applicable definitive agreements, which may contain additional or different terms from those described herein. Overall Effective June 24, 2022, interest was charged under the Amended Agreement at a rate (applicable interest rate of 4.38 % as of October 30, 2022) calculated using the Applicable Margin over SOFR based on the ratio of the company’s consolidated debt to consolidated EBITDA, as defined in the Amended Agreement. Under the Existing Credit Agreement interest was charged at a rate (applicable interest rate of 1.74 % and 2.40 % as of October 31, 2021, and May 1, 2022, respectively) as a variable spread over LIBOR based on a ratio of debt to EBITDA, as defined in the Existing Credit Agreement. There were $ 275,000 of outstanding letters of credit provided by the Amended Agreement and Existing Credit Agreement as of October 30 2022, October 31, 2021, and May 1, 2022. As of October 30, 2022, we had $ 725,000 remaining for the issuance of additional letters of credit. There were no borrowings outstanding under either the Amended Agreement or e Existing Credit Agreement, as applicable, as of October 30, 2022, October 31, 2021, and May 1, 2022, respectively. Revolving Credit Agreements – China Operations Denominated in Chinese Yuan Renminbi (“RMB”) We have an unsecured credit agreement denominated in RMB with a bank located in China that provides for a line of credit of up to 40 million RMB ($ 5.5 million USD as of October 30, 2022). Interest charged under this agreement is based on an interest rate determined by the Chinese government at the time of borrowing and was set to expire on November 15, 2022 . On November 24, 2022, we renewed this agreement, which renewal maintains our borrowing capacity of 40 million RMB and extends the expiration date to November 24, 2023 . There were no borrowings outstanding under this agreement as of October 30, 2022, October 31, 2021, and May 1, 2022, respectively. Denominated in United States Dollar (“USD”) We had an unsecured credit agreement denominated in USD with another bank located in China that provided for a line of credit of up to $ 2 million USD, which expired on August 30, 2022 . Currently, the company does not plan to renew or replace this agreement. Overall Our loan agreements require, among other things, that we maintain compliance with certain financial covenants. As of October 30, 2022, we complied with our financial covenants. Interest paid during the first half of fiscal 2023 totaled $ 8,000 . No interest payments were made during the first half of fiscal 2022.

Fair Value

Fair Value	6 Months Ended
	Oct. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value	10. Fair Value ASC Topic 820 establishes a fair value hierarchy that distinguishes between assumptions based on market data (observable inputs) and the company’s assumptions (unobservable inputs). Determining where an asset or liability falls within that hierarchy depends on the lowest level input that is significant to the fair value measurement as a whole. An adjustment to the pricing method used within either level 1 or level 2 inputs could generate a fair value measurement that effectively falls in a lower level in the hierarchy. The hierarchy consists of three broad levels as follows: Level 1 – Quoted market prices in active markets for identical assets or liabilities. Level 2 – Inputs other than level 1 inputs that are either directly or indirectly observable, and Level 3 – Unobservable inputs developed using the company’s estimates and assumptions, which reflect those that market participants would use. The determination of where an asset or liability falls in the hierarchy requires significant judgment. We evaluate our hierarchy disclosures each quarter based on various factors, and it is possible that an asset or liability may be classified differently from quarter to quarter. However, we expect that changes in classifications between different levels will be rare. Recurring Basis The following tables present information about assets measured at fair value on a recurring basis: Fair value measurements as of October 30, 2022, using: Quoted prices Significant in active other Significant markets for observable unobservable identical assets inputs inputs (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: U.S. Government Money Market Fund $ 9,089 N/A N/A $ 9,089 Growth Allocation Mutual Funds 438 N/A N/A 438 Moderate Allocation Mutual Fund 77 N/A N/A 77 Other 159 N/A N/A 159 Fair value measurements as of October 31, 2021, using: Quoted prices Significant in active other Significant markets for observable unobservable identical assets inputs inputs (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: U.S. Government Money Market Fund $ 8,351 N/A N/A $ 8,351 Bond Mutual Funds 4,384 N/A N/A 4,384 Inflation Protected Bond Mutual Funds 2,975 N/A N/A 2,975 Mortgage Securities Mutual Funds 1,118 N/A N/A 1,118 Large Cap Equity Mutual Funds 694 N/A N/A 694 Growth Allocation Mutual Funds 449 N/A N/A 449 Preferred Securities Mutual Fund 282 N/A N/A 282 U.S. Event Driven Equity Mutual Fund 203 N/A N/A 203 Moderate Allocation Mutual Fund 88 N/A N/A 88 Other 201 N/A N/A 201 Fair value measurements as of May 1, 2022, using: Quoted prices Significant in active other Significant markets for observable unobservable identical assets inputs inputs (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: U.S. Government Money Market Fund $ 8,683 N/A N/A $ 8,683 Growth Allocation Mutual Funds 435 N/A N/A 435 Moderate Allocation Mutual Fund 81 N/A N/A 81 Other 158 N/A N/A 158 Short-Term Investments – Available for Sale During the fourth quarter of fiscal 2022, we sold all of our remaining short-term investments classified as available-for-sale, and therefore we did not report short-term investments classified as available-for-sale in the accompanying Consolidated Balance Sheets as of October 30, 2022, and May 1, 2022. As of October 31, 2021, our short-term investments classified as available-for-sale (i) consisted of various types of bond and equity mutual funds, (ii) were recorded at their fair value totaling $ 9.7 million, (iii) had an unrealized gain of $ 116,000 , (iv) approximated their cost basis, and (v) resided with our U.S. operations. Short-Term and Long-Term Investments - Held-To-Maturity During the fourth quarter of fiscal 2022, we sold all of our remaining investments classified as held-to-maturity, and therefore we did not report short-term or long-term investments classified as held-to-maturity in the accompanying Consolidated Balance Sheets as of October 30, 2022, and May 1, 2022. As of October 31, 2021, our investments classified as held-to-maturity consisted of investment grade U.S. corporate bonds, foreign bonds, and government bonds. These investments were classified as held-to-maturity as we had the positive intent and ability to hold these investments until maturity. Our held-to-maturity investments were recorded as either current or noncurrent in our Consolidated Balance Sheets, based on the maturity date in relation to the respective reporting period and were recorded at amortized cost. As of October 31, 2021, our held-to-maturity investments had an amortized cost and fair value totaling $ 9.9 million and resided with our U.S. operations. Our held-to-maturity investments were classified as level 2 within the fair value hierarchy as they were traded over the counter within a broker network and not on an active market. The fair values of our held-to-maturity investments were determined based on a published source that provided an average bid price. The average bid price was based on various broker prices that were determined based on market conditions, interest rates, and the rating of the respective bond investment. Investments - Rabbi Trust We have a rabbi trust for the participants of our deferred compensation plan (the “Plan”), that enables participants to credit their contributions to various investment options under the Plan. The investments associated with the rabbi trust consist of a U.S. Government money market fund and various equity related mutual funds that are classified as available-for-sale. As of October 30, 2022, our investments associated with our rabbi trust totaled $ 9.8 million, of which $ 2.2 million and $ 7.6 million were classified as short-term and long-term, respectively. As of October 31, 2021, our investments associated with our rabbi trust totaled $ 9.0 million, all of which were classified as long-term. As of May 1, 2022, our investments associated with our rabbi trust totaled $ 9.4 million, all of which were classified as long-term. The investments associated with our rabbi trust had an accumulated unrealized loss of $ 21,000 as of October 30, 2022, an accumulated unrealized gain of $ 169,000 , and $ 32,000 , as of October 31, 2021, and May 1, 2022, respectively. The fair value of our long-term investments associated with our rabbi trust approximates their cost basis. Other The carrying amount of our cash and cash equivalents, accounts receivable, other current assets, accounts payable, and accrued expenses approximated their fair value because of the short maturity of these financial instruments.

Net (Loss) Income Per Share

Net (Loss) Income Per Share	6 Months Ended
	Oct. 30, 2022
Earnings Per Share [Abstract]
Net (Loss) Income Per Share	11. Net (Loss) Income Per Share Basic net (loss) income per share is computed using the weighted-average number of shares outstanding during the period. Diluted net (loss) income per share uses the weighted-average number of shares outstanding during the period plus the dilutive effect of stock-based compensation calculated using the treasury stock method. Weighted average shares used in the computation of basic and diluted net (loss) income per share are as follows: Three months ended (amounts in thousands) October 30, 2022 October 31, 2021 Weighted average common shares outstanding, basic 12,280 12,223 Dilutive effect of stock-based compensation — 93 Weighted average common shares outstanding, diluted 12,280 12,316 During the second quarter of fiscal 2023, 42,127 shares of unvested common stock were not included in the computation of diluted net loss per share as their effect would be antidilutive due to the decrease in the price per share of our common stock during the reporting period compared with the price per share of our common stock as of the respective grant dates of the related stock-based compensation awards. In addition, during the second quarter of fiscal 2023, 35,077 shares of unvested common stock were not included in the computation of diluted net loss per share as we incurred a net loss during the reporting period. During the second quarter of fiscal 2022, 13,484 shares of unvested common stock were not included in the computation of diluted net income per share as their effect would be antidilutive due to the decrease in the price per share of our common stock during the reporting period compared with the price per share of our common stock as of the respective grant dates of the related stock-based compensation awards. Six months ended (amounts in thousands) October 30, 2022 October 31, 2021 Weighted average common shares outstanding, basic 12,259 12,268 Dilutive effect of stock-based compensation — 101 Weighted average common shares outstanding, diluted 12,259 12,369 During the first half of fiscal 2023, 37,852 shares of unvested common stock were not included in the computation of diluted net loss per share as their effect would be antidilutive due to the decrease in the price per share of our common stock during the reporting period compared with the price per share of our common stock as of the respective grant dates of the related stock-based compensation awards. In addition, during the first half of fiscal 2023, 47,249 shares of unvested common stock were not included in the computation of diluted net loss per share as we incurred a net loss during the reporting period. During the first half of fiscal 2022, 1,561 shares of unvested common stock were not included in the computation of diluted net income per share as their effect would be antidilutive due to the decrease in the price per share of our common stock during the reporting period compared with the price per share of our common stock as of the respective grant dates of the related stock-based compensation awards.

Segment Information

Segment Information	6 Months Ended
	Oct. 30, 2022
Segment Reporting [Abstract]
Segment Information	12. Segment Information Overall Our operations are classified into two business segments: mattress fabrics and upholstery fabrics. The mattress fabrics segment manufactures, sources, and sells fabrics and mattress covers primarily to bedding manufacturers. The upholstery fabrics segment develops, manufactures, sources, and sells fabrics primarily to residential and commercial furniture manufacturers. In addition, this segment includes Read, which provides window treatments and sourcing of upholstery fabrics and other products, as well as measuring and installation services for Read’s products, to customers in the hospitality and commercial industries. Read also supplies soft goods such as decorative top sheets, coverlets, duvet covers, bed skirts, bolsters, and pillows. Financial Information We evaluate the operating performance of our business segments based upon (loss) income from operations before certain unallocated corporate expenses and other items that are not expected to occur on a regular basis. Cost of sales for each segment includes costs to develop, manufacture, or source our products, including costs such as raw material and finished goods purchases, direct and indirect labor, overhead, and incoming freight charges. Unallocated corporate expenses primarily represent compensation and benefits for certain executives and their support staff, all costs associated with being a public company, amortization of intangible assets, and other miscellaneous expenses. Segment assets include assets used in the operations of each segment and consist of accounts receivable, inventories, property, plant, and equipment, and right of use assets. 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. Statements of operations for our operating segments are as follows: Three months ended October 30, 2022 October 31, 2021 net sales by segment: mattress fabrics $ 26,230 $ 40,883 upholstery fabrics 32,151 33,678 net sales $ 58,381 $ 74,561 gross (loss) profit: mattress fabrics $ ( 6,057 ) $ 6,146 upholstery fabrics 3,942 4,581 total segment gross (loss) profit $ ( 2,115 ) $ 10,727 restructuring related charge (1) ( 98 ) — gross (loss) profit $ ( 2,213 ) $ 10,727 selling, general, and administrative expenses by segment: mattress fabrics $ 2,945 $ 3,007 upholstery fabrics 3,680 3,553 unallocated corporate expenses 2,478 2,527 selling, general, and administrative expenses $ 9,103 $ 9,087 (loss) income from operations by segment: mattress fabrics $ ( 9,002 ) $ 3,139 upholstery fabrics 262 1,028 unallocated corporate expenses ( 2,478 ) ( 2,527 ) total segment (loss) income from operations $ ( 11,218 ) $ 1,640 restructuring expense (2) ( 615 ) — restructuring related charge (1) ( 98 ) — (loss) income from operations $ ( 11,931 ) $ 1,640 interest income 79 59 other income (expense) 829 ( 404 ) (loss) income before income taxes $ ( 11,023 ) $ 1,295 (1) Restructuring related charge for the three-months ended October 30, 2022, represents $ 98,000 of losses on disposal and markdowns of inventory associated with the exit of our cut and sew upholstery fabrics operation located in Shanghai, China. This $ 98,000 restructuring related charge was recorded to cost of sales in the Consolidated Statements of Net Loss for the three-months ending October 30, 2022. (2) Restructuring expense for the three-months ended October 30, 2022, represents $ 468,000 for employee termination benefits, $ 80,000 that relates to a loss on disposal of equipment, $ 47,000 for lease termination costs, and $ 20,000 of other associated costs related to the exit of our cut and sew upholstery fabrics operation located in Shanghai, China. Six months ended October 30, 2022 October 31, 2021 net sales by segment: mattress fabrics $ 55,602 $ 83,941 upholstery fabrics 65,383 73,667 net sales $ 120,985 $ 157,608 gross (loss) profit: mattress fabrics $ ( 6,093 ) $ 12,941 upholstery fabrics 8,105 10,285 total segment gross profit $ 2,012 $ 23,226 restructuring related charge (1) ( 98 ) — gross profit $ 1,914 $ 23,226 selling, general, and administrative expenses by segment: mattress fabrics $ 5,829 $ 6,191 upholstery fabrics 7,302 6,990 unallocated corporate expenses 4,837 5,087 selling, general, and administrative expenses $ 17,968 $ 18,268 (loss) income from operations by segment: mattress fabrics $ ( 11,922 ) $ 6,750 upholstery fabrics 803 3,295 unallocated corporate expenses ( 4,837 ) ( 5,087 ) total segment (loss) income from operations $ ( 15,956 ) $ 4,958 restructuring expense (2) ( 615 ) — restructuring related charge (1) ( 98 ) — (loss) income from operations $ ( 16,669 ) $ 4,958 interest income 96 132 other income (expense) 747 ( 640 ) (loss) income before income taxes $ ( 15,826 ) $ 4,450 (1) Restructuring related charge for the six-months ended October 30, 2022, represents $ 98,000 of losses on disposal and markdowns of inventory associated with the exit of our cut and sew upholstery fabrics operation located in Shanghai, China. This $ 98,000 restructuring related charge was recorded to cost of sales in the Consolidated Statements of Net Loss for the six-months ending October 30, 2022. (2) Restructuring expense for the six-months ended October 30, 2022, represents $ 468,000 for employee termination benefits, $ 80,000 that relates to a loss on disposal of equipment, $ 47,000 for lease termination costs, and $ 20,000 of other associated costs related to the exit of our cut and sew upholstery fabrics operation located in Shanghai, China. Balance sheet information for our operating segments follows: (dollars in thousands) October 30, 2022 October 31, 2021 May 1, 2022 Segment assets: Mattress Fabrics: Accounts receivable $ 8,700 $ 16,639 $ 9,865 Inventory 30,300 34,498 39,028 Property, plant and equipment (1) 35,853 40,673 38,731 Right of use assets (2) 2,087 3,838 3,469 Total mattress fabrics assets 76,940 95,648 91,093 Upholstery Fabrics: Accounts receivable 13,743 15,677 12,361 Inventory 21,924 29,283 27,529 Property, plant and equipment (3) 2,150 1,680 2,030 Right of use assets (4) 5,898 5,472 8,124 Total upholstery fabrics assets 43,715 52,112 50,044 Total segment assets 120,655 147,760 141,137 Non-segment assets: Cash and cash equivalents 19,137 16,956 14,550 Short-term investments - available for sale — 9,709 — Short-term investments - held-to-maturity — 1,564 — Short-term investments - rabbi trust 2,237 — — Current income taxes receivable 510 613 857 Other current assets 3,462 3,811 2,986 Deferred income taxes 493 452 528 Property, plant and equipment (5) 829 912 941 Right of use assets (6) 3,624 4,339 3,984 Intangible assets 2,440 2,816 2,628 Long-term investments - rabbi trust 7,526 9,036 9,357 Long-term investments - held-to-maturity — 8,353 — Other assets 717 3,004 595 Total assets $ 161,630 $ 209,325 $ 177,563 Six months ended (dollars in thousands) October 30, 2022 October 31, 2021 Capital expenditures (7): Mattress Fabrics $ 267 $ 2,030 Upholstery Fabrics 447 397 Unallocated Corporate 60 1,302 Total capital expenditures $ 774 $ 3,729 Depreciation expense: Mattress Fabrics $ 3,088 $ 3,071 Upholstery Fabrics 401 400 Total depreciation expense $ 3,489 $ 3,471 (1) The $ 35.9 million as of October 30, 2022, represents property, plant, and equipment of $ 23.8 million, $ 11.4 million, and $ 679,000 located in the U.S., Canada, and Haiti, respectively. The $ 40.7 million as of October 31, 2021, represents property, plant, and equipment of $ 27.3 million, $ 12.6 million, and $ 836,000 located in the U.S., Canada, and Haiti, respectively. The $ 38.7 million as of May 1, 2022, represents property, plant, and equipment of $ 25.6 million, $ 12.4 million, and $ 757,000 located in the U.S., Canada, and Haiti, respectively. (2) The $ 2.1 million as of October 30, 2022, represents right of use assets of $ 1.8 million, $ 167,000 , and $ 164,000 located in Haiti, Canada, and the U.S., respectively. The $ 3.8 million as of October 31, 2021, represents right of use assets of $ 2.2 million, $ 1.3 million, and $ 309,000 located in Haiti, the U.S., and Canada, respectively. The $ 3.5 million as of May 1, 2022, represents right of use assets of $ 2.0 million, $ 1.2 million, and $ 291,000 located in Haiti, the U.S., and Canada, respectively. (3) The $ 2.2 million as of October 30, 2022, represents property, plant, and equipment of $ 1.0 million, $ 1.0 million, and $ 137,000 located in the U.S., Haiti, and China, respectively. The $ 1.7 million as of October 31, 2021, represents property, plant, and equipment of $ 1.1 million, $ 368,000 , and $ 242,000 located in the U.S., China, and Haiti, respectively. The $ 2.0 million as of May 1, 2022, represents property, plant, and equipment of $ 1.0 million, $ 756,000 , and $ 255,000 located in the U.S., Haiti, and China, respectively. (4) The $ 5.9 million as of October 30, 2022, represents right of use assets of $ 2.5 million, $ 2.0 million and $ 1.4 million located in Haiti, China, and the U.S., respectively. The $ 5.5 million as of October 31, 2021, represents right of use assets of $ 4.3 million and $ 1.2 million located in China and the U.S., respectively. The $ 8.1 million as of May 1, 2022, represents right of use assets of $ 3.7 million, $ 2.6 million, and $ 1.8 million located in China, Haiti, and the U.S., respectively. (5) The $ 829,000 , $ 912,000 , and $ 941,000 as of October 30, 2022, October 31, 2021, and May 1, 2022, respectively, represent property, plant, and equipment associated with unallocated corporate departments and corporate departments shared by our mattress fabrics and upholstery fabrics segments. Property, plant, and equipment associated with our corporate departments reside in the U.S. (6) The $ 3.6 million, $ 4.3 million, and $ 4.0 million as of October 30, 2022, October 31, 2021, and May 1, 2022, respectively, represent right of use assets located in the U.S. (7) Capital expenditure amounts are stated on the accrual basis. See Consolidated Statements of Cash Flows for capital expenditure amounts on a cash basis.

Income Taxes

Income Taxes	6 Months Ended
	Oct. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	13. Income Taxes Effective Income Tax Rate We recorded income tax expense of $ 2.0 million, or ( 12.9 %) of loss before income taxes, for the six-month period ending October 30, 2022, compared with income tax expense of $ 1.3 million, or 30.3 % of income before income taxes, for the six-month period ending October 31, 2021. Our effective income tax rates for the six-month periods ended October 30, 2022, and October 31, 2021, were based upon the estimated effective income tax rate applicable for the full year after giving effect to any significant items related specifically to interim periods. When calculating the annual estimated effective income tax rates for the six-month periods ended October 30, 2022, and October 31, 2021, we were subject to loss limitation rules. These loss limitation rules require any taxable loss associated with our U.S. or foreign operations to be excluded from the annual estimated effective income tax rate calculation if it was determined that no income tax benefit could be recognized during the current fiscal year. The effective income tax rate can be affected over the fiscal year by the mix and timing of actual earnings from our U.S. operations and foreign subsidiaries located in China, Canada, and Haiti versus annual projections, as well as changes in foreign currency exchange rates in relation to the U.S. dollar. The following schedule summarizes the principal differences between income tax expense at the U.S. federal income tax rate and the effective income tax rate reflected in the consolidated financial statements for the six-month periods ending October 30, 2022, and October 30, 2021: October 30, October 31, 2022 2021 U.S. federal income tax rate 21.0 % 21.0 % U.S. valuation allowance ( 36.7 ) ( 4.5 ) Withholding taxes associated with foreign jurisdictions ( 3.3 ) 6.1 Foreign income tax rate differential 3.2 3.9 Tax effects of local currency foreign exchange gains (losses) 4.7 ( 0.4 ) Stock-based compensation ( 0.6 ) 0.2 Global Intangible Low Taxed Income Tax ("GILTI") — 3.3 Other ( 1.2 ) 0.7 ( 12.9 ) 30.3 % Our consolidated effective income tax rate during the first half of fiscal 2023 was much more negatively affected by the mix of earnings between our U.S. operations and our foreign subsidiaries, as compared to the first half of fiscal 2022. During the first half of 2023, we incurred a significant pre-tax loss from our U.S. operations, and therefore, a significant income tax benefit was not recognized due to a full valuation allowance being applied against our U.S. net deferred income tax assets. In addition, all of our taxable income in the first half of fiscal 2023 was earned by our foreign operations located in China and Canada, which have higher income tax rates than the U.S. In comparison, as of the end of the second quarter of fiscal 2022, our U.S. operations were projected to earn a level of pre-tax income that did not have a significant effect on our full valuation allowance or our consolidated effective income tax rate. U.S. Valuation Allowance We evaluate the realizability of our U.S. net deferred income tax assets to determine if a valuation allowance is required. We assess whether a valuation allowance should be established based on the consideration of all available evidence using a “more-likely-than-not” standard, with significant weight being given to evidence that can be objectively verified. Since the company operates in multiple jurisdictions, we assess the need for a valuation allowance on a jurisdiction-by-jurisdiction basis, considering the effects of local tax law. As of October 30, 2022, we evaluated the realizability of our U.S. net deferred income tax assets to determine if a full valuation allowance was required. Based on our assessment, we determined we still have a recent history of significant cumulative U.S. taxable losses, in that we experienced U.S. taxable losses during each of the last three fiscal years from 2020 through 2022, and we are currently expecting significant U.S. pre-tax losses to continue during fiscal 2023. As a result of the significant weight of this negative evidence, we believe it is more likely than not that our U.S. deferred income tax assets will not be fully realizable, and therefore we provided for a full valuation allowance against our U.S. net deferred income tax assets. Based on our assessments as of October 30, 2022, October 31, 2021, and May 1, 2022, valuation allowances against our net deferred income tax assets pertain to the following: (dollars in thousands) October 30, 2022 October 31, 2021 May 1, 2022 U.S. federal and state net deferred income tax assets $ 13,958 9,155 9,527 U.S. capital loss carryforward 2,330 2,330 2,330 $ 16,288 11,485 11,857 Undistributed Earnings We assess whether the undistributed earnings from our foreign subsidiaries will be reinvested indefinitely or eventually distributed to our U.S. parent company and whether we are required to record a deferred income tax liability for those undistributed earnings from foreign subsidiaries that will not be reinvested indefinitely. As of October 30, 2022, we assessed the liquidity requirements of our U.S. parent company and determined that our undistributed earnings and profits from our foreign subsidiaries would not be reinvested indefinitely and would eventually be distributed to our U.S. parent company. The conclusion reached from this assessment was consistent with prior reporting periods. As a result of the 2017 Tax Cuts and Jobs Act, a U.S. corporation is allowed a 100 % dividend received deduction for earnings and profits received from a 10 % owned foreign corporation. Therefore, a deferred income tax liability will be required only for unremitted withholding taxes associated with earnings and profits generated by our foreign subsidiaries that will ultimately be repatriated to the U.S. parent company. As a result, as of October 30, 2022, October 31, 2021, and May 1, 2022, we recorded a deferred income tax liability of $ 4.0 million, $ 3.4 million, and $ 3.5 million, respectively. Uncertain Income Tax Positions An unrecognized income tax benefit for an uncertain income tax position can be recognized in the first interim period if the more-likely-than-not recognition threshold is met by the end of the reporting period, or is effectively settled through examination, or negotiation, or litigation, or the statute of limitations for the relevant taxing authority to examine and challenge the tax position has expired. If it is determined that any of the above conditions occur regarding our uncertain income tax positions, an adjustment to our unrecognized income tax benefit will be recorded at that time. As of October 30, 2022, and May 1, 2022, we had a $ 1.1 million total gross unrecognized income tax benefit, of which the entire amount was classified as income taxes payable – long-term in the accompanying Consolidated Balance Sheets. As of October 31, 2021, we had a $ 1.4 million total gross unrecognized income tax benefit, of which $ 1.1 million and $ 380,000 were recorded to income taxes payable – long-term and noncurrent deferred income taxes, respectively, in the accompanying Consolidated Balance Sheets. As of October 30, 2022, and May 1, 2022, we had a $ 1.1 million total gross unrecognized income tax benefit, of which the entire $ 1.1 million would favorably affect the income tax rate in future periods. As of October 31, 2021, we had a $ 1.4 million total gross unrecognized income tax benefit, of which $ 1.1 million would favorably affect the income tax rate in future periods. Our gross unrecognized income tax benefit of $ 1.1 million as of October 30, 2022, relates to income tax positions for which significant change is currently not expected within the next year. This amount primarily relates to double taxation under applicable income tax treaties with foreign tax jurisdictions. Income Taxes Paid The following table sets forth taxes paid by jurisdiction: Six Months Six Months Ended Ended October 30, October 31, (dollars in thousands) 2022 2021 United States Transition Tax Payment $ 265 $ 266 China Income Taxes 1,286 921 China - Withholding Taxes Associated With — 487 Canada - Income Taxes 161 427 $ 1,712 $ 2,101

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Oct. 30, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Compensation	14. Stock-Based Compensation Equity Incentive Plan Description On September 16, 2015, our shareholders approved an equity incentive plan titled the Culp, Inc. 2015 Equity Incentive Plan (the “2015 Plan”). The 2015 Plan authorizes the grant of stock options intended to qualify as incentive stock options, nonqualified stock options, stock appreciation rights, restricted stock, restricted stock units, performance-based units, and other equity and cash related awards as determined by the Compensation Committee of our board of directors. An aggregate of 1,200,000 shares of common stock were authorized for issuance under the 2015 Plan, with certain sub-limits that would apply with respect to specific types of awards that may be issued as defined in the 2015 Plan. As of October 30, 2022, there were 242,188 shares available for future equity-based grants under the 2015 Plan. Performance-Based Restricted Stock Units Senior Executives We grant performance-based restricted stock units to senior executives which could earn up to a certain number of shares of common stock if certain performance targets are met over a three-fiscal year performance period as defined in the related restricted stock unit award agreements. The number of shares of common stock that are earned based on performance targets that have been achieved may be adjusted based on a market-based total shareholder return component as defined in the related restricted stock unit award agreements. Our performance-based restricted stock units granted to senior executives were measured based on their fair market value on the date of grant. The fair market value per share was determined using the Monte Carlo simulation model for the market-based total shareholder return component and the closing price of our common stock for the performance-based component. The following table provides assumptions used to determine the fair market value of the market-based total shareholder return component using the Monte Carlo simulation model on our outstanding performance-based restricted stock units granted to senior executives on August 10, 2022 and July 22, 2021: August 10, July 22, 2022 2021 Closing price of our common stock $ 5.06 $ 14.75 Expected volatility of our common stock 48.2 % 54.2 % Expected volatility of peer companies (1) 41.6 % - 105.1 % 45.7 % - 101.5 % Risk-free interest rate 3.13 % 0.33 % Dividend yield 0.00 % 3.00 % Correlation coefficient of peer companies (1) 0.05 - 0.23 0.03 - 0.35 (1) The expected volatility and correlation coefficient of our peer companies for the August 10, 2022 and July 22, 2021, grant dates were based on peer companies that were approved by the Compensation Committee of our board of directors as an aggregate benchmark for determining the market-based total shareholder return component. Therefore, we disclosed ranges of the expected volatility and correlation coefficient for the companies that represented this peer group. Key Employees We grant performance-based restricted stock units to key employees which could earn up to a certain number of shares of common stock if certain performance targets are met over a three-fiscal year performance period as defined in the related restricted stock unit award agreements. Our performance-based restricted stock units granted to key employees were measured based on the fair market value (the closing price of our common stock) on the date of grant. No market-based total shareholder return component was included in these awards. Overall The following table summarizes information related to our grants of performance-based restricted stock units associated with senior executives and key employees that were unvested as of October 30, 2022: (3) (4) Performance-Based Restricted Stock Restricted Stock Units Expected Date of Grant Units Awarded to Vest Price Per Share Vesting Period August 10, 2022 (1) 178,714 — $ 5.77 (5) 3 years July 22, 2021 (1) 122,476 — $ 15.93 (6) 3 years July 22, 2021 (2) 20,500 — $ 14.75 (7) 3 years (1) Performance-based restricted stock units awarded to senior executives. (2) Performance-based restricted stock units awarded to key employees. (3) Amounts represent the maximum number of common stock shares that could be earned if certain performance targets are met as defined in the related restricted stock unit agreements. (4) Compensation cost is based on an assessment each reporting period to determine the probability of whether or not certain performance goals will be met and how many shares are expected to be earned as of the end of the vesting period. These amounts represent the number of shares that were expected to vest as of October 30, 2022. (5) Price per share represents the fair market value per share ($ 1.14 per $1 , or an increase of $ 0.71 to the closing price of our common stock on the date of grant) determined using the Monte Carlo simulation model for the market-based total shareholder return component and the closing price of our common stock ($ 5.06 ) for the performance-based component of the performance-based restricted stock units granted to senior executives on August 10, 2022. (6) Price per share represents the fair market value per share ($ 1.08 per $1 , or an increase of $ 1.18 to the closing price of our common stock on the date of grant) determined using the Monte Carlo simulation model for the market-based total shareholder return component and the closing price of our common stock ($ 14.75 ) for the performance-based component of the performance-based restricted stock units granted to senior executives on July 22, 2021. (7) Price per share represents the closing price of our common stock on the date of grant. The following table summarizes information related to our performance-based restricted stock units that vested during the six-month periods ending October 30, 2022, and October 31, 2021: Performance-Based (4) Restricted Stock (3) Price Fiscal Year Units Vested Fair Value Per Share Fiscal 2023 (1) 545 $ 3 $ 5.10 Fiscal 2023 (2) 437 $ 2 $ 5.10 Fiscal 2022 (1) 5,051 $ 87 $ 17.14 Fiscal 2022 (2) 5,812 $ 100 $ 17.14 (1) Performance-based restricted stock units vested by senior executives. (2) Performance-based restricted stock units vested by key employees. (3) Dollar amounts are in thousands. (4) Price per share is derived from the closing price of our common stock on the date the respective performance-based restricted stock units vested. We recorded compensation expense of $ 2,000 and $ 109,000 within selling, general, and administrative expenses for the six-month periods ending October 30, 2022, and October 31, 2021, respectively. Compensation expense is recorded based on an assessment each reporting period to determine the probability of whether or not certain performance targets will be met and how many shares are expected to be earned as of the end of the vesting period. If certain performance goals are not expected to be achieved, compensation expense would not be recorded, and any previously recognized compensation expense would be reversed. Time-Based Restricted Stock Units The following table summarizes information related to our grants of time-based restricted stock unit awards associated with senior executives and key members of management that were unvested as of October 30, 2022: Time-Based Restricted Stock (1) Date of Grant Units Awarded Price Per Share Vesting Period September 6, 2022 37,671 $ 4.58 1 to 3 years August 10, 2022 82,016 $ 5.06 3 years July 22, 2021 37,591 $ 14.75 3 years August 6, 2020 129,095 $ 11.01 3 years August 2, 2018 10,000 $ 24.35 5 years (1) Price per share represents closing price of common stock on the date the respective award was granted. The following table summarizes information related to our time-based restricted stock units that vested during the six-month periods ending October 30, 2022: Time-Based (4) Restricted Stock (3) Price Fiscal Year Units Vested Fair Value Per Share Fiscal 2023 (1) 19,786 $ 101 $ 5.10 Fiscal 2023 (2) 13,013 $ 66 $ 5.10 (1) Time-based restricted stock units vested by senior executives. (2) Time-based restricted stock units vested by key employees. (3) Dollar amounts are in thousands. (4) Price per share is derived from the closing price of our common stock on the date the respective time-based restricted stock units vested. Overall We recorded compensation expense of $ 396,000 and $ 446,000 within selling, general, and administrative expenses associated with our time-based restricted stock unit awards for the six-month periods ending October 30, 2022, and October 31, 2021, respectively. As of October 30, 2022, the remaining unrecognized compensation expense related to our time-based restricted stock units was $ 1.3 million, which is expected to be recognized over a weighted average vesting period of 1.9 years. As of October 30, 2022, the time-based restricted stock units that are expected to vest had a fair value totaling $ 1.5 million. Common Stock Awards We granted a total of 18,326 and 19,753 shares of common stock to our outside directors on October 3, 2022 and July 1, 2022, respectively. These shares of common stock vested immediately and were measured at their fair value on the date of grant. The fair value of these awards was $ 4.57 and $ 4.24 per share on October 3, 2022 and July 1, 2022, respectively, which represents the closing price of our common stock on the date of grant. We granted a total of 6,426 and 4,312 shares of common stock to our outside directors on October 1, 2021 and July 1, 2021, respectively. These shares of common stock vested immediately and were measured at their fair value on the date of grant. The fair value of these awards was $ 13.03 and $ 16.24 per share on October 1, 2021 and July 1, 2021, respectively, which represents the closing price of our common stock on the date of grant. We recorded $ 167,000 and $ 154,000 of compensation expense within selling, general, and administrative expenses for common stock awards to our outside directors for the six-month periods ending October 30, 2022, and October 31, 2021, respectively.

Leases

Leases	6 Months Ended
	Oct. 30, 2022
Assets And Liabilities Lessee [Abstract]
Leases	15. Leases Overview We lease manufacturing facilities, showroom and office space, distribution centers, and equipment under operating lease arrangements. Our operating leases have remaining lease terms of one to nine years , with renewal options for additional periods ranging up to twelve years . Balance Sheet The right of use assets and lease liabilities associated with our operating leases as of October 30, 2022, October 31, 2021, and May 1, 2022, are as follows: (dollars in thousands) October 30, October 31, May 1, Right of use assets $ 11,609 $ 13,649 $ 15,577 Operating lease liability - current 2,655 2,878 3,219 Operating lease liability – noncurrent 4,194 7,914 7,062 Supplemental Cash Flow Information Six Months Six Months (dollars in thousands) October 30, 2022 October 31, 2021 Operating lease liability payments $ 1,068 $ 1,436 Right of use assets exchanged for lease liabilities — 2,614 Operating lease expense for the three-month periods ended October 30, 2022, and October 31, 2021, was $ 959,000 and $ 905,000 , respectively. Operating lease expense for the six-month periods ended October 30, 2022, and October 31, 2021, was $ 2.0 million and $ 1.8 million, respectively. Short-term lease and variable lease expenses were immaterial for the three-month and six-month periods ended October 30, 2022, and October 31, 2021. Other Information Maturity of our operating lease liabilities for the remainder of fiscal 2023, the subsequent next four fiscal years, and thereafter follows: (dollars in thousands) 2023 $ 1,377 2024 2,575 2025 1,578 2026 334 2027 298 Thereafter 1,028 $ 7,190 Less: interest ( 341 ) Present value of lease liabilities $ 6,849 As of October 30, 2022, the weighted average remaining lease term and discount rate for our operating leases follows: October 30, 2022 Weighted average lease term 4.0 years Weighted average discount rate 3.39 % Impairment See section titled "Impairment" located at Note 6 to the notes to the consolidated financial statements for further details of our assessment and conclusions reached regarding impairment of long-lived assets associated with our mattress fabrics segment that included property, plant, and equipment, right of use assets, and finite-lived intangible assets (i.e., customer relationships and non-compete agreement) that are classified as held and used.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Oct. 30, 2022
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	16. Commitments and Contingencies Litigation The company is involved in legal proceedings and claims which have arisen in the ordinary course of business. Management has determined that it is not reasonably possible that these actions, when ultimately concluded and settled, will have a material adverse effect upon the financial position, results of operations, or cash flows of the company. Accounts Payable – Capital Expenditures As of October 30, 2022, October 31, 2021, and May 1, 2022, we had total amounts due regarding capital expenditures totaling $ 200,000 , $ 176,000 , and $ 473,000 , respectively, which pertained to outstanding vendor invoices, none of which were financed. Purchase Commitments – Capital Expenditures As of October 30, 2022, we had open purchase commitments to acquire equipment for our mattress fabrics segment totaling $ 444,000 .

Statutory Reserves

Statutory Reserves	6 Months Ended
	Oct. 30, 2022
Text Block [Abstract]
Statutory Reserves	17. Statutory Reserves Our subsidiary located in China was required to transfer 10 % of its net income, as determined in accordance with the People’s Republic of China (PRC) accounting rules and regulations, to a statutory surplus reserve fund until such reserve balance reached 50 % of the company’s registered capital. As of October 30, 2022, the statutory surplus reserve fund represents the 50 % registered capital requirement, and therefore, our subsidiary located in China is no longer required to transfer 10% of its net income in accordance with PRC accounting rules and regulations. The transfer to this reserve must be made before distributions of any dividend to shareholders. As of October 30, 2022, the company’s statutory surplus reserve was $ 4.0 million. The statutory surplus reserve fund is non-distributable other than during liquidation and can be used to fund previous years’ losses, if any. The statutory surplus reserve fund may be utilized for business expansion or converted into share capital by issuing new shares to existing shareholders in proportion to their shareholding or by increasing the par value of the shares currently held by them provided that the remaining reserve balance after such issue is not less than 25 % of the registered capital. The company’s subsidiary located in China can transfer funds to the parent company, except for the statutory surplus reserve of $ 4.0 million, to assist with debt repayment, capital expenditures, and other expenses of the company’s business.

Common Stock Repurchase Program

Common Stock Repurchase Program	6 Months Ended
	Oct. 30, 2022
Text Block [Abstract]
Common Stock Repurchase Program	18. Common Stock Repurchase Program In March 2020, our board of directors approved an authorization for us to acquire up to $ 5.0 million of our common stock. Under the common stock repurchase program, shares may be purchased from time to time in open market transactions, block trades, through plans established under the Securities Exchange Act Rule 10b5-1, or otherwise. The number of shares purchased and the timing of such purchases will be based on working capital requirements, market and general business conditions, and other factors, including alternative investment opportunities. During the first half of fiscal 2023, we did no t repurchase any shares of our common stock. During the first half of fiscal 2022, we repurchased 121,688 shares of our common stock at a cost of $ 1.8 million. As of October 30, 2022, we had $ 3.2 million available for additional repurchases of our common stock.

Dividend Program

Dividend Program	6 Months Ended
	Oct. 30, 2022
Text Block [Abstract]
Dividend Program	19. Dividend Program On June 29, 2022, our board of directors announced the decision to suspend the company’s quarterly cash dividend. Considering the current and expected macroeconomic conditions, we believe that preserving capital and managing our liquidity is in the company’s best interest to support future growth and the long-term interests of our shareholders. Accordingly, we did no t make any dividend payments during first half of fiscal 2023. During the first half of fiscal 2022, dividend payments totaled $ 2.7 million, which represented a quarterly dividend payment of $ 0.11 per share.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	6 Months Ended
	Oct. 30, 2022
Accounting Policies [Abstract]
Recently Adopted and Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements There were not any recently adopted accounting pronouncements during the first half of fiscal 2023. Recently Issued Accounting Pronouncements Currently, there are no new recent accounting pronouncements that are expected to have a material effect on our consolidated financial statements.

Allowance for Doubtful Accoun_2

Allowance for Doubtful Accounts (Tables)	6 Months Ended
	Oct. 30, 2022
Receivables [Abstract]
Summary of the Activity in the Allowance for Doubtful Accounts	A summary of the activity in the allowance for doubtful accounts follows: Six Months Ended (dollars in thousands) October 30, 2022 October 31, 2021 Beginning balance $ 292 $ 591 Provision for bad debts 49 ( 23 ) Write-offs, net of recoveries ( 53 ) ( 34 ) Ending balance $ 288 $ 534

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	6 Months Ended
	Oct. 30, 2022
Revenue From Contract With Customer [Abstract]
Summary of Activity Associated with Deferred Revenue	A summary of the activity associated with deferred revenue follows: Six months ended (dollars in thousands) October 30, 2022 October 31, 2021 Beginning balance $ 520 $ 540 Revenue recognized on contract liabilities ( 1,747 ) ( 1,445 ) Payments received for services not yet rendered 2,754 1,584 Ending balance $ 1,527 $ 679
Summary of Disaggregation of Revenue	The following table presents our disaggregated revenue by segment, timing of revenue recognition, and product sales versus services rendered for the three-month period ending October 30, 2022: Mattress Upholstery (dollars in thousands) Fabrics Fabrics Total Products transferred at a point in time $ 26,230 $ 29,883 $ 56,113 Services transferred over time — 2,268 2,268 Total Net Sales $ 26,230 $ 32,151 $ 58,381 The following table presents our disaggregated revenue by segment, timing of revenue recognition, and product sales versus services rendered for the six-month period ending October 30, 2022: Mattress Upholstery (dollars in thousands) Fabrics Fabrics Total Products transferred at a point in time $ 55,602 $ 61,406 $ 117,008 Services transferred over time — 3,977 3,977 Total Net Sales $ 55,602 $ 65,383 $ 120,985 The following table presents our disaggregated revenue by segment, timing of revenue recognition, and product sales versus services rendered for the three-month period ending October 31, 2021: Mattress Upholstery (dollars in thousands) Fabrics Fabrics Total Products transferred at a point in time $ 40,883 $ 31,415 $ 72,298 Services transferred over time — 2,263 2,263 Total Net Sales $ 40,883 $ 33,678 $ 74,561 The following table presents our disaggregated revenue by segment, timing of revenue recognition, and product sales versus services rendered for the six-month period ending October 31, 2021: Mattress Upholstery (dollars in thousands) Fabrics Fabrics Total Products transferred at a point in time $ 83,941 $ 69,705 $ 153,646 Services transferred over time — 3,962 3,962 Total Net Sales $ 83,941 $ 73,667 $ 157,608

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Oct. 30, 2022
Inventory Disclosure [Abstract]
Summary of Inventories	A summary of inventories follows: (dollars in thousands) October 30, October 31, May 1, Raw materials $ 9,859 $ 10,626 $ 13,477 Work-in-process 3,724 4,480 4,237 Finished goods 38,641 48,675 48,843 $ 52,224 $ 63,781 $ 66,557

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Oct. 30, 2022
Summary of Intangible Assets	A summary of intangible assets follows: (dollars in thousands) October 30, October 31, May 1, Tradename $ 540 $ 540 $ 540 Customer relationships, net 1,486 1,787 1,636 Non-compete agreement, net 414 489 452 $ 2,440 $ 2,816 $ 2,628
Customer Relationships [Member]
Summary of Change in Carrying Amount of Finite-Lived Intangible Assets	A summary of the change in the carrying amount of our customer relationships follows: Six months ended (dollars in thousands) October 30, 2022 October 31, 2021 Beginning balance $ 1,636 $ 1,937 Amortization expense ( 150 ) ( 150 ) Ending balance $ 1,486 $ 1,787
Non-Compete Agreement [Member]
Summary of Change in Carrying Amount of Finite-Lived Intangible Assets	A summary of the change in the carrying amount of our non-compete agreement follows: Six months ended (dollars in thousands) October 30, 2022 October 31, 2021 Beginning balance $ 452 $ 527 Amortization expense ( 38 ) ( 38 ) Ending balance $ 414 $ 489

Accrued Expenses (Tables)

Accrued Expenses (Tables)	6 Months Ended
	Oct. 30, 2022
Text Block [Abstract]
Summary of Accrued Expenses	A summary of accrued expenses follows: (dollars in thousands) October 30, October 31, May 1, Compensation, commissions and related benefits $ 4,489 $ 5,986 $ 4,248 Other accrued expenses 3,105 5,033 3,584 $ 7,594 $ 11,019 $ 7,832

Exit and Disposal Activity (Tab

Exit and Disposal Activity (Tables)	6 Months Ended
	Oct. 30, 2022
Restructuring and Related Activities [Abstract]
Summary of Restructuring Expense and Restructuring Related Charges	The following summarizes our restructuring expense and restructuring related charges that were associated with the above exit and disposal activity: Six Months Ended (dollars in thousands) October 30, 2022 Employee termination benefits $ 468 Loss on disposal and markdowns of inventory 98 Loss on disposal of equipment 80 Lease termination costs 47 Other associated costs 20 Restructuring expense and restructuring related charges (1) $ 713 (1) Of the total $ 713,000 , $ 615,000 and $ 98,000 were recorded to restructuring expense and cost of sales, respectively, in the Consolidated Statement of Net Loss for the six-month period ending October 30, 2022.
Summary of Activity in Accrued Restructuring	The following summarizes the activity in accrued restructuring for the six-month period ending October 30, 2022: Employee Lease Other Termination Termination Associated (dollars in thousands) Benefits Costs Costs Total Beginning balance $ — $ — $ — $ — Accrual established in fiscal 2023 468 47 — 515 Expenses incurred — — 20 20 Payments ( 468 ) ( 16 ) ( 18 ) ( 502 ) Ending balance $ — $ 31 $ 2 $ 33

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Oct. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of Assets Measured at Fair Value on a Recurring Basis	The following tables present information about assets measured at fair value on a recurring basis: Fair value measurements as of October 30, 2022, using: Quoted prices Significant in active other Significant markets for observable unobservable identical assets inputs inputs (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: U.S. Government Money Market Fund $ 9,089 N/A N/A $ 9,089 Growth Allocation Mutual Funds 438 N/A N/A 438 Moderate Allocation Mutual Fund 77 N/A N/A 77 Other 159 N/A N/A 159 Fair value measurements as of October 31, 2021, using: Quoted prices Significant in active other Significant markets for observable unobservable identical assets inputs inputs (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: U.S. Government Money Market Fund $ 8,351 N/A N/A $ 8,351 Bond Mutual Funds 4,384 N/A N/A 4,384 Inflation Protected Bond Mutual Funds 2,975 N/A N/A 2,975 Mortgage Securities Mutual Funds 1,118 N/A N/A 1,118 Large Cap Equity Mutual Funds 694 N/A N/A 694 Growth Allocation Mutual Funds 449 N/A N/A 449 Preferred Securities Mutual Fund 282 N/A N/A 282 U.S. Event Driven Equity Mutual Fund 203 N/A N/A 203 Moderate Allocation Mutual Fund 88 N/A N/A 88 Other 201 N/A N/A 201 Fair value measurements as of May 1, 2022, using: Quoted prices Significant in active other Significant markets for observable unobservable identical assets inputs inputs (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: U.S. Government Money Market Fund $ 8,683 N/A N/A $ 8,683 Growth Allocation Mutual Funds 435 N/A N/A 435 Moderate Allocation Mutual Fund 81 N/A N/A 81 Other 158 N/A N/A 158

Net (Loss) Income Per Share (Ta

Net (Loss) Income Per Share (Tables)	6 Months Ended
	Oct. 30, 2022
Earnings Per Share [Abstract]
Schedule of Weighted Average Shares Used in the Computation of Basic and Diluted Net (Loss) Income Per Share	Weighted average shares used in the computation of basic and diluted net (loss) income per share are as follows: Three months ended (amounts in thousands) October 30, 2022 October 31, 2021 Weighted average common shares outstanding, basic 12,280 12,223 Dilutive effect of stock-based compensation — 93 Weighted average common shares outstanding, diluted 12,280 12,316 Six months ended (amounts in thousands) October 30, 2022 October 31, 2021 Weighted average common shares outstanding, basic 12,259 12,268 Dilutive effect of stock-based compensation — 101 Weighted average common shares outstanding, diluted 12,259 12,369

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Oct. 30, 2022
Segment Reporting [Abstract]
Schedule of Operating Segments Information	Statements of operations for our operating segments are as follows: Three months ended October 30, 2022 October 31, 2021 net sales by segment: mattress fabrics $ 26,230 $ 40,883 upholstery fabrics 32,151 33,678 net sales $ 58,381 $ 74,561 gross (loss) profit: mattress fabrics $ ( 6,057 ) $ 6,146 upholstery fabrics 3,942 4,581 total segment gross (loss) profit $ ( 2,115 ) $ 10,727 restructuring related charge (1) ( 98 ) — gross (loss) profit $ ( 2,213 ) $ 10,727 selling, general, and administrative expenses by segment: mattress fabrics $ 2,945 $ 3,007 upholstery fabrics 3,680 3,553 unallocated corporate expenses 2,478 2,527 selling, general, and administrative expenses $ 9,103 $ 9,087 (loss) income from operations by segment: mattress fabrics $ ( 9,002 ) $ 3,139 upholstery fabrics 262 1,028 unallocated corporate expenses ( 2,478 ) ( 2,527 ) total segment (loss) income from operations $ ( 11,218 ) $ 1,640 restructuring expense (2) ( 615 ) — restructuring related charge (1) ( 98 ) — (loss) income from operations $ ( 11,931 ) $ 1,640 interest income 79 59 other income (expense) 829 ( 404 ) (loss) income before income taxes $ ( 11,023 ) $ 1,295 (1) Restructuring related charge for the three-months ended October 30, 2022, represents $ 98,000 of losses on disposal and markdowns of inventory associated with the exit of our cut and sew upholstery fabrics operation located in Shanghai, China. This $ 98,000 restructuring related charge was recorded to cost of sales in the Consolidated Statements of Net Loss for the three-months ending October 30, 2022. (2) Restructuring expense for the three-months ended October 30, 2022, represents $ 468,000 for employee termination benefits, $ 80,000 that relates to a loss on disposal of equipment, $ 47,000 for lease termination costs, and $ 20,000 of other associated costs related to the exit of our cut and sew upholstery fabrics operation located in Shanghai, China. Six months ended October 30, 2022 October 31, 2021 net sales by segment: mattress fabrics $ 55,602 $ 83,941 upholstery fabrics 65,383 73,667 net sales $ 120,985 $ 157,608 gross (loss) profit: mattress fabrics $ ( 6,093 ) $ 12,941 upholstery fabrics 8,105 10,285 total segment gross profit $ 2,012 $ 23,226 restructuring related charge (1) ( 98 ) — gross profit $ 1,914 $ 23,226 selling, general, and administrative expenses by segment: mattress fabrics $ 5,829 $ 6,191 upholstery fabrics 7,302 6,990 unallocated corporate expenses 4,837 5,087 selling, general, and administrative expenses $ 17,968 $ 18,268 (loss) income from operations by segment: mattress fabrics $ ( 11,922 ) $ 6,750 upholstery fabrics 803 3,295 unallocated corporate expenses ( 4,837 ) ( 5,087 ) total segment (loss) income from operations $ ( 15,956 ) $ 4,958 restructuring expense (2) ( 615 ) — restructuring related charge (1) ( 98 ) — (loss) income from operations $ ( 16,669 ) $ 4,958 interest income 96 132 other income (expense) 747 ( 640 ) (loss) income before income taxes $ ( 15,826 ) $ 4,450 (1) Restructuring related charge for the six-months ended October 30, 2022, represents $ 98,000 of losses on disposal and markdowns of inventory associated with the exit of our cut and sew upholstery fabrics operation located in Shanghai, China. This $ 98,000 restructuring related charge was recorded to cost of sales in the Consolidated Statements of Net Loss for the six-months ending October 30, 2022. (2) Restructuring expense for the six-months ended October 30, 2022, represents $ 468,000 for employee termination benefits, $ 80,000 that relates to a loss on disposal of equipment, $ 47,000 for lease termination costs, and $ 20,000 of other associated costs related to the exit of our cut and sew upholstery fabrics operation located in Shanghai, China. Balance sheet information for our operating segments follows: (dollars in thousands) October 30, 2022 October 31, 2021 May 1, 2022 Segment assets: Mattress Fabrics: Accounts receivable $ 8,700 $ 16,639 $ 9,865 Inventory 30,300 34,498 39,028 Property, plant and equipment (1) 35,853 40,673 38,731 Right of use assets (2) 2,087 3,838 3,469 Total mattress fabrics assets 76,940 95,648 91,093 Upholstery Fabrics: Accounts receivable 13,743 15,677 12,361 Inventory 21,924 29,283 27,529 Property, plant and equipment (3) 2,150 1,680 2,030 Right of use assets (4) 5,898 5,472 8,124 Total upholstery fabrics assets 43,715 52,112 50,044 Total segment assets 120,655 147,760 141,137 Non-segment assets: Cash and cash equivalents 19,137 16,956 14,550 Short-term investments - available for sale — 9,709 — Short-term investments - held-to-maturity — 1,564 — Short-term investments - rabbi trust 2,237 — — Current income taxes receivable 510 613 857 Other current assets 3,462 3,811 2,986 Deferred income taxes 493 452 528 Property, plant and equipment (5) 829 912 941 Right of use assets (6) 3,624 4,339 3,984 Intangible assets 2,440 2,816 2,628 Long-term investments - rabbi trust 7,526 9,036 9,357 Long-term investments - held-to-maturity — 8,353 — Other assets 717 3,004 595 Total assets $ 161,630 $ 209,325 $ 177,563 Six months ended (dollars in thousands) October 30, 2022 October 31, 2021 Capital expenditures (7): Mattress Fabrics $ 267 $ 2,030 Upholstery Fabrics 447 397 Unallocated Corporate 60 1,302 Total capital expenditures $ 774 $ 3,729 Depreciation expense: Mattress Fabrics $ 3,088 $ 3,071 Upholstery Fabrics 401 400 Total depreciation expense $ 3,489 $ 3,471 (1) The $ 35.9 million as of October 30, 2022, represents property, plant, and equipment of $ 23.8 million, $ 11.4 million, and $ 679,000 located in the U.S., Canada, and Haiti, respectively. The $ 40.7 million as of October 31, 2021, represents property, plant, and equipment of $ 27.3 million, $ 12.6 million, and $ 836,000 located in the U.S., Canada, and Haiti, respectively. The $ 38.7 million as of May 1, 2022, represents property, plant, and equipment of $ 25.6 million, $ 12.4 million, and $ 757,000 located in the U.S., Canada, and Haiti, respectively. (2) The $ 2.1 million as of October 30, 2022, represents right of use assets of $ 1.8 million, $ 167,000 , and $ 164,000 located in Haiti, Canada, and the U.S., respectively. The $ 3.8 million as of October 31, 2021, represents right of use assets of $ 2.2 million, $ 1.3 million, and $ 309,000 located in Haiti, the U.S., and Canada, respectively. The $ 3.5 million as of May 1, 2022, represents right of use assets of $ 2.0 million, $ 1.2 million, and $ 291,000 located in Haiti, the U.S., and Canada, respectively. (3) The $ 2.2 million as of October 30, 2022, represents property, plant, and equipment of $ 1.0 million, $ 1.0 million, and $ 137,000 located in the U.S., Haiti, and China, respectively. The $ 1.7 million as of October 31, 2021, represents property, plant, and equipment of $ 1.1 million, $ 368,000 , and $ 242,000 located in the U.S., China, and Haiti, respectively. The $ 2.0 million as of May 1, 2022, represents property, plant, and equipment of $ 1.0 million, $ 756,000 , and $ 255,000 located in the U.S., Haiti, and China, respectively. (4) The $ 5.9 million as of October 30, 2022, represents right of use assets of $ 2.5 million, $ 2.0 million and $ 1.4 million located in Haiti, China, and the U.S., respectively. The $ 5.5 million as of October 31, 2021, represents right of use assets of $ 4.3 million and $ 1.2 million located in China and the U.S., respectively. The $ 8.1 million as of May 1, 2022, represents right of use assets of $ 3.7 million, $ 2.6 million, and $ 1.8 million located in China, Haiti, and the U.S., respectively. (5) The $ 829,000 , $ 912,000 , and $ 941,000 as of October 30, 2022, October 31, 2021, and May 1, 2022, respectively, represent property, plant, and equipment associated with unallocated corporate departments and corporate departments shared by our mattress fabrics and upholstery fabrics segments. Property, plant, and equipment associated with our corporate departments reside in the U.S. (6) The $ 3.6 million, $ 4.3 million, and $ 4.0 million as of October 30, 2022, October 31, 2021, and May 1, 2022, respectively, represent right of use assets located in the U.S. (7) Capital expenditure amounts are stated on the accrual basis. See Consolidated Statements of Cash Flows for capital expenditure amounts on a cash basis.

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Oct. 30, 2022
Income Tax Disclosure [Abstract]
Summary of Differences in Income Tax Expense at Federal Income Tax Rate and Effective Income Tax Rate	The following schedule summarizes the principal differences between income tax expense at the U.S. federal income tax rate and the effective income tax rate reflected in the consolidated financial statements for the six-month periods ending October 30, 2022, and October 30, 2021: October 30, October 31, 2022 2021 U.S. federal income tax rate 21.0 % 21.0 % U.S. valuation allowance ( 36.7 ) ( 4.5 ) Withholding taxes associated with foreign jurisdictions ( 3.3 ) 6.1 Foreign income tax rate differential 3.2 3.9 Tax effects of local currency foreign exchange gains (losses) 4.7 ( 0.4 ) Stock-based compensation ( 0.6 ) 0.2 Global Intangible Low Taxed Income Tax ("GILTI") — 3.3 Other ( 1.2 ) 0.7 ( 12.9 ) 30.3 %
Summary of Valuation Allowances Against Net Deferred Income Tax Assets	Based on our assessments as of October 30, 2022, October 31, 2021, and May 1, 2022, valuation allowances against our net deferred income tax assets pertain to the following: (dollars in thousands) October 30, 2022 October 31, 2021 May 1, 2022 U.S. federal and state net deferred income tax assets $ 13,958 9,155 9,527 U.S. capital loss carryforward 2,330 2,330 2,330 $ 16,288 11,485 11,857
Summary of Taxes Paid	The following table sets forth taxes paid by jurisdiction: Six Months Six Months Ended Ended October 30, October 31, (dollars in thousands) 2022 2021 United States Transition Tax Payment $ 265 $ 266 China Income Taxes 1,286 921 China - Withholding Taxes Associated With — 487 Canada - Income Taxes 161 427 $ 1,712 $ 2,101

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Oct. 30, 2022
Summary of Assumptions Used to Determine Fair Value of Performance Based Restricted Stock Units	The following table provides assumptions used to determine the fair market value of the market-based total shareholder return component using the Monte Carlo simulation model on our outstanding performance-based restricted stock units granted to senior executives on August 10, 2022 and July 22, 2021: August 10, July 22, 2022 2021 Closing price of our common stock $ 5.06 $ 14.75 Expected volatility of our common stock 48.2 % 54.2 % Expected volatility of peer companies (1) 41.6 % - 105.1 % 45.7 % - 101.5 % Risk-free interest rate 3.13 % 0.33 % Dividend yield 0.00 % 3.00 % Correlation coefficient of peer companies (1) 0.05 - 0.23 0.03 - 0.35 (1) The expected volatility and correlation coefficient of our peer companies for the August 10, 2022 and July 22, 2021, grant dates were based on peer companies that were approved by the Compensation Committee of our board of directors as an aggregate benchmark for determining the market-based total shareholder return component. Therefore, we disclosed ranges of the expected volatility and correlation coefficient for the companies that represented this peer group.
Performance Based Restricted Stock Units [Member]
Summary of Vested Restricted Stock Units	The following table summarizes information related to our performance-based restricted stock units that vested during the six-month periods ending October 30, 2022, and October 31, 2021: Performance-Based (4) Restricted Stock (3) Price Fiscal Year Units Vested Fair Value Per Share Fiscal 2023 (1) 545 $ 3 $ 5.10 Fiscal 2023 (2) 437 $ 2 $ 5.10 Fiscal 2022 (1) 5,051 $ 87 $ 17.14 Fiscal 2022 (2) 5,812 $ 100 $ 17.14 (1) Performance-based restricted stock units vested by senior executives. (2) Performance-based restricted stock units vested by key employees. (3) Dollar amounts are in thousands. (4) Price per share is derived from the closing price of our common stock on the date the respective performance-based restricted stock units vested.
Time-Based Restricted Stock Units [Member]
Summary of Vested Restricted Stock Units	The following table summarizes information related to our time-based restricted stock units that vested during the six-month periods ending October 30, 2022: Time-Based (4) Restricted Stock (3) Price Fiscal Year Units Vested Fair Value Per Share Fiscal 2023 (1) 19,786 $ 101 $ 5.10 Fiscal 2023 (2) 13,013 $ 66 $ 5.10 (1) Time-based restricted stock units vested by senior executives. (2) Time-based restricted stock units vested by key employees. (3) Dollar amounts are in thousands. (4) Price per share is derived from the closing price of our common stock on the date the respective time-based restricted stock units vested.
Executive officers and key employees [Member]
Summary of Grants of Performance Based Restricted Stock Units	The following table summarizes information related to our grants of performance-based restricted stock units associated with senior executives and key employees that were unvested as of October 30, 2022: (3) (4) Performance-Based Restricted Stock Restricted Stock Units Expected Date of Grant Units Awarded to Vest Price Per Share Vesting Period August 10, 2022 (1) 178,714 — $ 5.77 (5) 3 years July 22, 2021 (1) 122,476 — $ 15.93 (6) 3 years July 22, 2021 (2) 20,500 — $ 14.75 (7) 3 years (1) Performance-based restricted stock units awarded to senior executives. (2) Performance-based restricted stock units awarded to key employees. (3) Amounts represent the maximum number of common stock shares that could be earned if certain performance targets are met as defined in the related restricted stock unit agreements. (4) Compensation cost is based on an assessment each reporting period to determine the probability of whether or not certain performance goals will be met and how many shares are expected to be earned as of the end of the vesting period. These amounts represent the number of shares that were expected to vest as of October 30, 2022. (5) Price per share represents the fair market value per share ($ 1.14 per $1 , or an increase of $ 0.71 to the closing price of our common stock on the date of grant) determined using the Monte Carlo simulation model for the market-based total shareholder return component and the closing price of our common stock ($ 5.06 ) for the performance-based component of the performance-based restricted stock units granted to senior executives on August 10, 2022. (6) Price per share represents the fair market value per share ($ 1.08 per $1 , or an increase of $ 1.18 to the closing price of our common stock on the date of grant) determined using the Monte Carlo simulation model for the market-based total shareholder return component and the closing price of our common stock ($ 14.75 ) for the performance-based component of the performance-based restricted stock units granted to senior executives on July 22, 2021. (7) Price per share represents the closing price of our common stock on the date of grant.
Senior Executives and Management [Member] | Time-Based Restricted Stock Units [Member]
Summary of Grants of Time-Based Restricted Stock Unit Awards	The following table summarizes information related to our grants of time-based restricted stock unit awards associated with senior executives and key members of management that were unvested as of October 30, 2022: Time-Based Restricted Stock (1) Date of Grant Units Awarded Price Per Share Vesting Period September 6, 2022 37,671 $ 4.58 1 to 3 years August 10, 2022 82,016 $ 5.06 3 years July 22, 2021 37,591 $ 14.75 3 years August 6, 2020 129,095 $ 11.01 3 years August 2, 2018 10,000 $ 24.35 5 years (1) Price per share represents closing price of common stock on the date the respective award was granted.

Leases (Tables)

Leases (Tables)	6 Months Ended
	Oct. 30, 2022
Assets And Liabilities Lessee [Abstract]
Summary of right of use assets and lease liabilities	The right of use assets and lease liabilities associated with our operating leases as of October 30, 2022, October 31, 2021, and May 1, 2022, are as follows: (dollars in thousands) October 30, October 31, May 1, Right of use assets $ 11,609 $ 13,649 $ 15,577 Operating lease liability - current 2,655 2,878 3,219 Operating lease liability – noncurrent 4,194 7,914 7,062
Supplemental Cash Flow Information	Supplemental Cash Flow Information Six Months Six Months (dollars in thousands) October 30, 2022 October 31, 2021 Operating lease liability payments $ 1,068 $ 1,436 Right of use assets exchanged for lease liabilities — 2,614
Leases-Other Information	Other Information Maturity of our operating lease liabilities for the remainder of fiscal 2023, the subsequent next four fiscal years, and thereafter follows: (dollars in thousands) 2023 $ 1,377 2024 2,575 2025 1,578 2026 334 2027 298 Thereafter 1,028 $ 7,190 Less: interest ( 341 ) Present value of lease liabilities $ 6,849
Summary of weighted average remaining lease term and discount rate	As of October 30, 2022, the weighted average remaining lease term and discount rate for our operating leases follows: October 30, 2022 Weighted average lease term 4.0 years Weighted average discount rate 3.39 %

Basis of Presentation - Narrati

Basis of Presentation - Narrative (Detail) - USD ($)	6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Non-cash inventory charges	$ 6,439,000	$ 579,000

Allowance for Doubtful Accoun_3

Allowance for Doubtful Accounts - Summary of the Activity in the Allowance for Doubtful Accounts (Detail) - Allowance for doubtful accounts [Member] - USD ($)	6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021
Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning balance	$ 292,000	$ 591,000
Provision for bad debts	49,000	(23,000)
Write-offs, net of recoveries	(53,000)	(34,000)
Ending balance	$ 288,000	$ 534,000

Allowance for Doubtful Accoun_4

Allowance for Doubtful Accounts - Narrative (Detail) - USD ($)	Oct. 30, 2022	May 01, 2022	Oct. 31, 2021	May 02, 2021
Allowance for doubtful accounts [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Allowance for doubtful accounts	$ 288,000	$ 292,000	$ 534,000	$ 591,000

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Narrative (Detail)	6 Months Ended
	Oct. 30, 2022 USD ($) Segment	May 01, 2022 USD ($)	Oct. 31, 2021 USD ($)
Contract Assets and Liabilities [Line Items]
Number of operating segments | Segment	2
Contract assets recognized | $	$ 0	$ 0	$ 0

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Summary of the activity associated with deferred revenue (Detail) - USD ($) $ in Thousands	6 Months Ended
	Oct. 30, 2022		Oct. 31, 2021
Revenue From Contract With Customer [Abstract]
Beginning balance	$ 520	[1]	$ 540
Revenue recognized on contract liabilities	(1,747)		(1,445)
Payments received for services not yet rendered	2,754		1,584
Ending balance	$ 1,527		$ 679
[1] Derived from audited financial statements.

Revenue from Contracts with C_5

Revenue from Contracts with Customers - Disaggregation of Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Disaggregation of Revenue [Line Items]
Total Net Sales	$ 58,381	$ 74,561	$ 120,985	$ 157,608
Transferred at Point in Time [Member] | Product [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	56,113	72,298	117,008	153,646
Transferred over Time [Member] | Services [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	2,268	2,263	3,977	3,962
Mattress Fabrics [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	26,230	40,883	55,602	83,941
Mattress Fabrics [Member] | Transferred at Point in Time [Member] | Product [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	26,230	40,883	55,602	83,941
Upholstery Fabrics [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	32,151	33,678	65,383	73,667
Upholstery Fabrics [Member] | Transferred at Point in Time [Member] | Product [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	29,883	31,415	61,406	69,705
Upholstery Fabrics [Member] | Transferred over Time [Member] | Services [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	$ 2,268	$ 2,263	$ 3,977	$ 3,962

Inventories - Summary of Invent

Inventories - Summary of Inventories (Detail) - USD ($) $ in Thousands	Oct. 30, 2022	May 01, 2022		Oct. 31, 2021
Inventory Disclosure [Abstract]
Raw materials	$ 9,859	$ 13,477		$ 10,626
Work-in-process	3,724	4,237		4,480
Finished goods	38,641	48,843		48,675
Inventories	$ 52,224	$ 66,557	[1]	$ 63,781
[1] Derived from audited financial statements.

Inventories - Narrative (Detail

Inventories - Narrative (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Inventory [Line Items]
Non-cash inventory charge	$ 5,300,000		$ 6,400,000
Write down to net realizable value			6,439,000	$ 579,000
Exit of Cut and Sew Upholstery Fabrics Operation [Member] | Shanghai, China [Member]
Inventory [Line Items]
Loss on disposal	(98,000)		(98,000)
Mattress Fabrics [Member]
Inventory [Line Items]
Non-cash inventory charge	3,800,000		4,200,000
Write down to net realizable value	$ 2,900,000		2,900,000
Percentage of net sales	35.80%
Percentage of gross margin	(8.70%)	15%
Upholstery Fabrics [Member]
Inventory [Line Items]
Non-cash inventory charge	$ 1,500,000		2,200,000
Upholstery Fabrics [Member] | Shanghai, China [Member]
Inventory [Line Items]
Loss on disposal	(98,000)		(98,000)
Mattress and Upholstery Fabrics [Member]
Inventory [Line Items]
Non-cash inventory charge	$ 2,300,000	$ 226,000	$ 3,400,000	$ 579,000

Intangible Assets - Summary of

Intangible Assets - Summary of Intangible Assets (Detail) - USD ($) $ in Thousands	Oct. 30, 2022	May 01, 2022		Oct. 31, 2021	May 02, 2021
Intangible Assets [Line Items]
Tradename	$ 540	$ 540		$ 540
Intangible assets	2,440	2,628	[1]	2,816
Customer Relationships [Member]
Intangible Assets [Line Items]
Finite-lived intangible assets, net	1,486	1,636		1,787	$ 1,937
Non-Compete Agreement [Member]
Intangible Assets [Line Items]
Finite-lived intangible assets, net	$ 414	$ 452		$ 489	$ 527
[1] Derived from audited financial statements.

Intangible Assets - Narrative (

Intangible Assets - Narrative (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	May 01, 2022
Intangible Assets [Line Items]
Asset impairment charges			$ 0
Gross carrying amount of customer relationships	$ 3,100,000	$ 3,100,000	3,100,000	$ 3,100,000
Gross carrying amount of non-compete agreement	2,000,000	$ 2,000,000	2,000,000	2,000,000
Gross carrying amount of asset group	$ 38,800,000		38,800,000
Mattress Fabrics [Member]
Intangible Assets [Line Items]
Percentage of net sales	35.80%
Percentage of gross margin	(23.10%)	15%
Customer Relationships [Member]
Intangible Assets [Line Items]
Accumulated amortization	$ 1,600,000	$ 1,300,000	1,600,000	1,500,000
Remaining amortization expense for the fiscal year	151,000		151,000
Remaining amortization expense for the first fiscal year	301,000		301,000
Remaining amortization expense for the second fiscal year	301,000		301,000
Remaining amortization expense for the third fiscal year	301,000		301,000
Remaining amortization expense for the fourth fiscal year	279,000		279,000
Remaining amortization expense for the fiscal year thereafter	153,000		$ 153,000
Weighted average remaining amortization period			5 years 2 months 12 days
Customer Relationships [Member] | Minimum [Member]
Intangible Assets [Line Items]
Useful life			9 years
Customer Relationships [Member] | Maximum [Member]
Intangible Assets [Line Items]
Useful life			17 years
Customer Relationships [Member] | Mattress Fabrics [Member]
Intangible Assets [Line Items]
Gross carrying amount of customer relationships	383,000		$ 383,000
Non-Compete Agreement [Member]
Intangible Assets [Line Items]
Useful life			15 years
Accumulated amortization	1,600,000	$ 1,500,000	$ 1,600,000	$ 1,600,000
Remaining amortization expense for the fiscal year	37,000		37,000
Remaining amortization expense for the first fiscal year	76,000		76,000
Remaining amortization expense for the second fiscal year	76,000		76,000
Remaining amortization expense for the third fiscal year	76,000		76,000
Remaining amortization expense for the fourth fiscal year	76,000		76,000
Remaining amortization expense for the fiscal year thereafter	73,000		$ 73,000
Weighted average remaining amortization period			5 years 6 months
Non-Compete Agreement [Member] | Mattress Fabrics [Member]
Intangible Assets [Line Items]
Gross carrying amount of non-compete agreement	414,000		$ 414,000
Property, Plant and Equipment [Member]
Intangible Assets [Line Items]
Gross carrying amount of asset group	35,900,000		35,900,000
Right Of Use Assets [Member]
Intangible Assets [Line Items]
Gross carrying amount of asset group	$ 2,100,000		$ 2,100,000

Intangible Assets - Summary o_2

Intangible Assets - Summary of Change in Carrying Amount of Finite-Lived Intangible Assets (Detail) - USD ($) $ in Thousands	6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021
Customer Relationships [Member]
Finite Lived Intangible Assets [Line Items]
Beginning balance	$ 1,636	$ 1,937
Amortization expense	(150)	(150)
Ending balance	1,486	1,787
Non-Compete Agreement [Member]
Finite Lived Intangible Assets [Line Items]
Beginning balance	452	527
Amortization expense	(38)	(38)
Ending balance	$ 414	$ 489

Accrued Expenses - Summary of A

Accrued Expenses - Summary of Accrued Expenses (Detail) - USD ($) $ in Thousands	Oct. 30, 2022	May 01, 2022	Oct. 31, 2021
Payables And Accruals [Abstract]
Compensation, commissions and related benefits	$ 4,489	$ 4,248	$ 5,986
Other accrued expenses	3,105	3,584	5,033
Accrued expenses	$ 7,594	$ 7,832	$ 11,019

Exit and Disposal Activity - Su

Exit and Disposal Activity - Summary of Restructuring Expense and Restructuring Related Charges (Detail) - USD ($)	3 Months Ended	6 Months Ended
	Oct. 30, 2022	Oct. 30, 2022
Restructuring related charge
Restructuring expense	$ 615,000	$ 615,000
Restructuring related charge	$ (98,000)	(98,000)
Exit and Disposal Activity [Member]
Restructuring related charge
Restructuring expense		515,000
Restructuring expense and restructuring related charges		713,000
Employee Termination Benefits [Member] | Exit and Disposal Activity [Member]
Restructuring related charge
Restructuring expense		468,000
Loss on Disposal and Markdowns of Inventory [Member] | Exit and Disposal Activity [Member]
Restructuring related charge
Restructuring related charge		98,000
Loss on Disposal of Equipment [Member] | Exit and Disposal Activity [Member]
Restructuring related charge
Restructuring expense		80,000
Lease Termination Costs [Member] | Exit and Disposal Activity [Member]
Restructuring related charge
Restructuring expense		47,000
Other Associated Costs [Member] | Exit and Disposal Activity [Member]
Restructuring related charge
Restructuring expense		$ 20,000

Exit and Disposal Activity - _2

Exit and Disposal Activity - Summary of Restructuring Expense and Restructuring Related Charges (Parenthetical) (Detail) - USD ($)	3 Months Ended	6 Months Ended
	Oct. 30, 2022	Oct. 30, 2022
Restructuring Cost and Reserve [Line Items]
Restructuring expense	$ 615,000	$ 615,000
Restructuring related charge	$ (98,000)	(98,000)
Exit and Disposal Activity [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring expense and restructuring related charges		713,000
Restructuring expense		515,000
Cost of Sales [Member] | Exit and Disposal Activity [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring related charge		$ 98,000

Exit and Disposal Activity - _3

Exit and Disposal Activity - Summary of Activity in Accrued Restructuring (Detail) - USD ($)	3 Months Ended	6 Months Ended
	Oct. 30, 2022	Oct. 30, 2022
Restructuring Cost and Reserve [Line Items]
Accrual established in fiscal 2023 / Expenses incurred	$ 615,000	$ 615,000
Exit and Disposal Activity [Member]
Restructuring Cost and Reserve [Line Items]
Accrual established in fiscal 2023 / Expenses incurred		515,000
Payments		(502,000)
Restructuring Reserve, Ending Balance	33,000	33,000
Employee Termination Benefits [Member] | Exit and Disposal Activity [Member]
Restructuring Cost and Reserve [Line Items]
Accrual established in fiscal 2023 / Expenses incurred		468,000
Payments		(468,000)
Lease Termination Costs [Member] | Exit and Disposal Activity [Member]
Restructuring Cost and Reserve [Line Items]
Accrual established in fiscal 2023 / Expenses incurred		47,000
Payments		(16,000)
Restructuring Reserve, Ending Balance	31,000	31,000
Other Associated Costs [Member] | Exit and Disposal Activity [Member]
Restructuring Cost and Reserve [Line Items]
Accrual established in fiscal 2023 / Expenses incurred		20,000
Payments		(18,000)
Restructuring Reserve, Ending Balance	$ 2,000	$ 2,000

Lines of Credit - Narrative (De

Lines of Credit - Narrative (Detail)				6 Months Ended		12 Months Ended
	Nov. 24, 2022 CNY (¥)	Aug. 19, 2022 USD ($)	Jun. 24, 2022 USD ($)	Oct. 30, 2022 USD ($)	Oct. 31, 2021 USD ($)	May 01, 2022 USD ($)	Oct. 30, 2022 CNY (¥)
Revolving Credit Facility [Member] | United States [Member]
Line Of Credit Facility [Line Items]
Maximum borrowing capacity			$ 40,000,000	$ 40,000,000		$ 30,000,000
Expiration date						Aug. 15, 2022
Maximum amount of letters of credit			$ 1,000,000			$ 1,000,000
Borrowing base				$ 26,800,000
Expiration month year			2025-06
Minimum tangible net worth			$ 100,000,000
Percentage of annual net income in addition to minimum tangible net worth			50%
Minimum EBITDA to net interest expense ratio			3
Minimum access to liquidity amount		$ 15,000,000	$ 15,000,000
Applicable interest rate at end of period				4.38%	1.74%	2.40%	4.38%
Reference rate on which the interest rate is based				SOFR	LIBOR	LIBOR
Letters of credit, outstanding amount				$ 275,000	$ 275,000	$ 275,000
Outstanding amount				0	0	0
Interest paid during the year				8,000	0
Revolving Credit Facility [Member] | United States [Member] | Letters of Credit [Member]
Line Of Credit Facility [Line Items]
Remaining letters of credit				725,000
Revolving Credit Facility [Member] | United States [Member] | Secured Overnight Financing Rate (SOFR) [Member]
Line Of Credit Facility [Line Items]
Debt instrument, basis spread on interest rate			1.35%
Revolving Credit Facility [Member] | United States [Member] | Minimum [Member] | Secured Overnight Financing Rate (SOFR) [Member]
Line Of Credit Facility [Line Items]
Debt instrument, basis spread on interest rate			1.35%
Revolving Credit Facility [Member] | United States [Member] | Maximum [Member] | Secured Overnight Financing Rate (SOFR) [Member]
Line Of Credit Facility [Line Items]
Debt instrument, basis spread on interest rate			2.50%
Revolving credit agreements [Member] | China [Member] | Chinese Yuan Renminbi [Member]
Line Of Credit Facility [Line Items]
Maximum borrowing capacity				$ 5,500,000			¥ 40,000,000
Expiration date				Nov. 15, 2022
Interest rate description				Interest charged under this agreement is based on an interest rate determined by the Chinese government at the time of borrowing
Outstanding amount				$ 0	$ 0	$ 0
Revolving credit agreements [Member] | China [Member] | United States Dollar [Member]
Line Of Credit Facility [Line Items]
Maximum borrowing capacity				$ 2,000,000
Expiration date				Aug. 30, 2022
Revolving credit agreements [Member] | China [Member] | Subsequent Event [Member] | Chinese Yuan Renminbi [Member]
Line Of Credit Facility [Line Items]
Maximum borrowing capacity | ¥	¥ 40,000,000
Expiration date	Nov. 24, 2023

Fair Value - Recurring Basis (D

Fair Value - Recurring Basis (Detail) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Oct. 30, 2022	May 01, 2022	Oct. 31, 2021
U.S. Government Money Market Fund [Member]
Assets:
Investments at fair value	$ 9,089	$ 8,683	$ 8,351
Large Cap Equity Mutual Funds [Member]
Assets:
Investments at fair value			694
U.S. Event Driven Equity Mutual Fund [Member]
Assets:
Investments at fair value			203
Moderate Allocation Mutual Fund [Member]
Assets:
Investments at fair value	77	81	88
Other [Member]
Assets:
Investments at fair value	159	158	201
Growth Allocation Mutual Funds [Member]
Assets:
Investments at fair value	438	435	449
Preferred Securities Mutual Fund [Member]
Assets:
Investments at fair value			282
Bond Mutual Funds [Member]
Assets:
Investments at fair value			4,384
Inflation Protected Bond Mutual Funds [Member]
Assets:
Investments at fair value			2,975
Mortgage Securities Mutual Funds [Member]
Assets:
Investments at fair value			1,118
Quoted prices in active markets for identical assets - Level 1 [Member] | U.S. Government Money Market Fund [Member]
Assets:
Investments at fair value	9,089	8,683	8,351
Quoted prices in active markets for identical assets - Level 1 [Member] | Large Cap Equity Mutual Funds [Member]
Assets:
Investments at fair value			694
Quoted prices in active markets for identical assets - Level 1 [Member] | U.S. Event Driven Equity Mutual Fund [Member]
Assets:
Investments at fair value			203
Quoted prices in active markets for identical assets - Level 1 [Member] | Moderate Allocation Mutual Fund [Member]
Assets:
Investments at fair value	77	81	88
Quoted prices in active markets for identical assets - Level 1 [Member] | Other [Member]
Assets:
Investments at fair value	159	158	201
Quoted prices in active markets for identical assets - Level 1 [Member] | Growth Allocation Mutual Funds [Member]
Assets:
Investments at fair value	$ 438	$ 435	449
Quoted prices in active markets for identical assets - Level 1 [Member] | Preferred Securities Mutual Fund [Member]
Assets:
Investments at fair value			282
Quoted prices in active markets for identical assets - Level 1 [Member] | Bond Mutual Funds [Member]
Assets:
Investments at fair value			4,384
Quoted prices in active markets for identical assets - Level 1 [Member] | Inflation Protected Bond Mutual Funds [Member]
Assets:
Investments at fair value			2,975
Quoted prices in active markets for identical assets - Level 1 [Member] | Mortgage Securities Mutual Funds [Member]
Assets:
Investments at fair value			$ 1,118

Fair Value - Narrative (Detail)

Fair Value - Narrative (Detail) - USD ($)	Oct. 30, 2022	May 01, 2022		Oct. 31, 2021
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Short-term investments - available for sale				$ 9,700,000
Amortized cost of held-to-maturity investments				9,900,000
Fair value of held-to-maturity investments				9,900,000
Investments (Rabbi Trust) - available for sale	$ 9,800,000	$ 9,400,000		9,000,000
Long-term investments (Rabbi Trust) - available for sale	7,526,000	9,357,000	[1]	9,036,000
Long-term investments (Rabbi Trust) - available for sale	7,600,000	9,400,000		9,000,000
Short-term investments (Rabbi Trust) - available for sale	2,237,000
Short-term Investments [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Accumulated unrealized gain on investments				116,000
Investments (Rabbi Trust) [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Accumulated unrealized gain (loss) on investments	$ (21,000)	$ 32,000		$ 169,000
[1] Derived from audited financial statements.

Net (Loss) Income Per Share - S

Net (Loss) Income Per Share - Schedule of Weighted Average Shares Used in the Computation of Basic and Diluted Net (Loss) Income Per Share (Detail) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Earnings Per Share [Abstract]
Weighted average common shares outstanding, basic	12,280	12,223	12,259	12,268
Dilutive effect of stock-based compensation		93		101
Weighted average common shares outstanding, diluted	12,280	12,316	12,259	12,369

Net (Loss) Income Per Share - N

Net (Loss) Income Per Share - Narrative (Detail) - Common Stock Awards [Member] - shares	3 Months Ended		6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Antidilutive securities due to decrease in stock price excluded from computation of loss per share	42,127	13,484	37,852	1,561
Antidilutive securities due to net loss recorded during the reporting period	35,077		47,249

Segment Information - Narrative

Segment Information - Narrative (Detail)	6 Months Ended
	Oct. 30, 2022 Segment
Segment Reporting [Abstract]
Number of operating segments	2
Description of changes in reporting intangible assets in segment assets	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.

Segment Information - Statement

Segment Information - Statement of Operations for Operating Segments (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Segment Reporting Information [Line Items]
net sales	$ 58,381,000	$ 74,561,000	$ 120,985,000	$ 157,608,000
gross (loss) profit	(2,213,000)	10,727,000	1,914,000	23,226,000
selling, general, and administrative expenses	9,103,000	9,087,000	17,968,000	18,268,000
(loss) income from operations	(11,931,000)	1,640,000	(16,669,000)	4,958,000
Restructuring expense	(615,000)		(615,000)
restructuring related charge	(98,000)		(98,000)
interest income	79,000	59,000	96,000	132,000
Other income (expense)	829,000	(404,000)	747,000	(640,000)
(Loss) income before income taxes	(11,023,000)	1,295,000	(15,826,000)	4,450,000
Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
net sales	26,230,000	40,883,000	55,602,000	83,941,000
gross (loss) profit	(6,057,000)	6,146,000	(6,093,000)	12,941,000
selling, general, and administrative expenses	2,945,000	3,007,000	5,829,000	6,191,000
(loss) income from operations	(9,002,000)	3,139,000	(11,922,000)	6,750,000
Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
net sales	32,151,000	33,678,000	65,383,000	73,667,000
gross (loss) profit	3,942,000	4,581,000	8,105,000	10,285,000
selling, general, and administrative expenses	3,680,000	3,553,000	7,302,000	6,990,000
(loss) income from operations	262,000	1,028,000	803,000	3,295,000
Operating Segments [Member]
Segment Reporting Information [Line Items]
gross (loss) profit	(2,115,000)	10,727,000	2,012,000	23,226,000
(loss) income from operations	(11,218,000)	1,640,000	(15,956,000)	4,958,000
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
selling, general, and administrative expenses	2,478,000	2,527,000	4,837,000	5,087,000
(loss) income from operations	$ (2,478,000)	$ (2,527,000)	$ (4,837,000)	$ (5,087,000)

Segment Information - Stateme_2

Segment Information - Statement of Operations for Operating Segments (Parenthetical) (Details) - USD ($)	3 Months Ended	6 Months Ended
	Oct. 30, 2022	Oct. 30, 2022
Segment Reporting Information [Line Items]
Restructuring related charge	$ (98,000)	$ (98,000)
Restructuring expense	615,000	615,000
China [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Loss on disposal	(98,000)	(98,000)
Restructuring expense	468,000	468,000
Loss on disposal of equipment	80,000	80,000
Lease termination costs	47,000	47,000
Restructuring expense, other associated costs	20,000	20,000
China [Member] | Upholstery Fabrics [Member] | Cost of Sales [Member]
Segment Reporting Information [Line Items]
Restructuring related charge	$ 98,000	$ 98,000

Segment Information - Balance S

Segment Information - Balance Sheet Information by Operating Segments (Detail) - USD ($) $ in Thousands	6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	May 01, 2022
Segment Reporting Information [Line Items]
Accounts receivable	$ 22,443	$ 32,316	$ 22,226	[1]
Inventory	52,224	63,781	66,557	[1]
Cash and cash equivalents	19,137	16,956	14,550	[1]
Short-term investments - available for sale		9,709
Short-term investments - held-to-maturity		1,564
Short-term investments - rabbi trust	2,237
Current income taxes receivable	510	613	857	[1]
Other current assets	3,462	3,811	2,986	[1]
Deferred income taxes	493	452	528	[1]
Property, plant and equipment	38,832	43,265	41,702	[1]
Right of use assets	11,609	13,649	15,577	[1]
Intangible assets	2,440	2,816	2,628	[1]
Long-term investments - rabbi trust	7,526	9,036	9,357	[1]
Long-term investments - held-to-maturity		8,353
Other assets	717	3,004	595	[1]
Total assets	161,630	209,325	177,563	[1]
Capital expenditures	774	3,729
Depreciation expense	3,489	3,471
Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets	120,655	147,760	141,137
Depreciation expense	3,489	3,471
Operating Segments [Member] | Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Accounts receivable	8,700	16,639	9,865
Inventory	30,300	34,498	39,028
Property, plant and equipment	35,853	40,673	38,731
Right of use assets	2,087	3,838	3,469
Total assets	76,940	95,648	91,093
Capital expenditures	267	2,030
Depreciation expense	3,088	3,071
Operating Segments [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Accounts receivable	13,743	15,677	12,361
Inventory	21,924	29,283	27,529
Property, plant and equipment	2,150	1,680	2,030
Right of use assets	5,898	5,472	8,124
Total assets	43,715	52,112	50,044
Capital expenditures	447	397
Depreciation expense	401	400
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Cash and cash equivalents	19,137	16,956	14,550
Short-term investments - available for sale		9,709
Short-term investments - held-to-maturity		1,564
Short-term investments - rabbi trust	2,237
Current income taxes receivable	510	613	857
Other current assets	3,462	3,811	2,986
Deferred income taxes	493	452	528
Property, plant and equipment	829	912	941
Right of use assets	3,624	4,339	3,984
Intangible assets	2,440	2,816	2,628
Long-term investments - rabbi trust	7,526	9,036	9,357
Long-term investments - held-to-maturity		8,353
Other assets	717	3,004	595
Total assets	161,630	209,325	$ 177,563
Capital expenditures	$ 60	$ 1,302
[1] Derived from audited financial statements.

Segment Information - Balance_2

Segment Information - Balance Sheet Information by Operating Segments (Parenthetical) (Detail) - USD ($)	Oct. 30, 2022	May 01, 2022		Oct. 31, 2021
Segment Reporting Information [Line Items]
Property, plant and equipment	$ 38,832,000	$ 41,702,000	[1]	$ 43,265,000
Right of use assets	11,609,000	15,577,000	[1]	13,649,000
Operating Segments [Member] | Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	35,853,000	38,731,000		40,673,000
Right of use assets	2,087,000	3,469,000		3,838,000
Operating Segments [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	2,150,000	2,030,000		1,680,000
Right of use assets	5,898,000	8,124,000		5,472,000
Operating Segments [Member] | United States [Member] | Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	23,800,000	25,600,000		27,300,000
Right of use assets	164,000	1,200,000		1,300,000
Operating Segments [Member] | United States [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	1,000,000	1,000,000		1,100,000
Right of use assets	1,400,000	1,800,000		1,200,000
Operating Segments [Member] | Canada [Member] | Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	11,400,000	12,400,000		12,600,000
Right of use assets	167,000	291,000		309,000
Operating Segments [Member] | Haiti [Member] | Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	679,000	757,000		836,000
Right of use assets	1,800,000	2,000,000		2,200,000
Operating Segments [Member] | Haiti [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	1,000,000	756,000		242,000
Right of use assets	2,500,000	2,600,000
Operating Segments [Member] | China [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	137,000	255,000		368,000
Right of use assets	2,000,000	3,700,000		4,300,000
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	829,000	941,000		912,000
Right of use assets	3,624,000	3,984,000		4,339,000
Unallocated Corporate [Member] | United States [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	829,000	941,000		912,000
Right of use assets	$ 3,600,000	$ 4,000,000		$ 4,300,000
[1] Derived from audited financial statements.

Income Taxes - Effective Income

Income Taxes - Effective Income Tax Rate - Narrative (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Income Tax Disclosure [Abstract]
Income taxes	$ 1,150	$ 444	$ 2,046	$ 1,349
Effective income tax rate			(12.90%)	30.30%

Income Taxes - Differences Betw

Income Taxes - Differences Between Income Tax Expense from Continuing Operations at Federal Income Tax Rate and Effective Income Tax Rate (Detail)	6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021
Income Tax Disclosure [Abstract]
U.S. federal income tax rate	21%	21%
U.S. valuation allowance	(36.70%)	(4.50%)
Withholding taxes associated with foreign jurisdictions	(3.30%)	6.10%
Foreign income tax rate differential	3.20%	3.90%
Tax effects of local currency foreign exchange gains (losses)	4.70%	(0.40%)
Stock-based compensation	(0.60%)	0.20%
Global Intangible Low Taxed Income Tax ("GILTI")		3.30%
Other	1.20%	0.70%
Effective income tax rate	(12.90%)	30.30%

Income Taxes - Summary of Valua

Income Taxes - Summary of Valuation Allowances Against Net Deferred Income Tax Assets (Detail) - USD ($) $ in Thousands	Oct. 30, 2022	May 01, 2022	Oct. 31, 2021
Valuation Allowance [Line Items]
Valuation allowance	$ 16,288	$ 11,857	$ 11,485
Capital Loss Carryforward [Member]
Valuation Allowance [Line Items]
Valuation allowance	2,330	2,330	2,330
U.S. Federal and State [Member] | Deferred Income Tax Assets [Member]
Valuation Allowance [Line Items]
Valuation allowance	$ 13,958	$ 9,527	$ 9,155

Income Taxes - Undistributed Ea

Income Taxes - Undistributed Earnings - Narrative (Detail) - USD ($) $ in Millions	6 Months Ended
	Oct. 30, 2022	May 01, 2022	Oct. 31, 2021
Income Tax Disclosure [Abstract]
Dividends received deduction percentage for earnings and profits received from foreign corporation	100%
Dividends received deduction, foreign corporation ownership percentage	10%
Deferred tax liability, undistributed earnings from foreign subsidiaries	$ 4	$ 3.5	$ 3.4

Income Taxes - Uncertain Income

Income Taxes - Uncertain Income Tax Positions - Narrative (Detail) - USD ($)	Oct. 30, 2022	May 01, 2022	Oct. 31, 2021
Income Taxes [Line Items]
Unrecognized tax benefits	$ 1,100,000	$ 1,100,000	$ 1,400,000
Unrecognized tax benefits that would favorably impact effective income tax rate if recognized	1,100,000	1,100,000	1,100,000
Non-current Deferred Income Taxes [Member]
Income Taxes [Line Items]
Unrecognized tax benefits			380,000
Income Taxes Payable - Long-Term [Member]
Income Taxes [Line Items]
Unrecognized tax benefits	$ 1,100,000	$ 1,100,000	$ 1,100,000

Income Taxes - Summary of Taxes

Income Taxes - Summary of Taxes Paid (Detail) - USD ($) $ in Thousands	6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021
Income Taxes [Line Items]
Total income taxes paid	$ 1,712	$ 2,101
Domestic Tax Authority [Member] | United States [Member]
Income Taxes [Line Items]
United States Transition Tax Payment	265	266
Foreign Tax Authority [Member] | China [Member]
Income Taxes [Line Items]
Total income taxes paid	1,286	921
China - Withholding Taxes Associated With Earnings and Profits Distributed to the U.S.		487
Foreign Tax Authority [Member] | Canada [Member]
Income Taxes [Line Items]
Total income taxes paid	$ 161	$ 427

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Detail) - USD ($)					6 Months Ended
	Oct. 03, 2022	Jul. 01, 2022	Oct. 01, 2021	Jul. 01, 2021	Oct. 30, 2022	Oct. 31, 2021	Sep. 16, 2015
Performance Based Restricted Stock Units [Member] | Selling, General and Administrative Expenses [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense					$ 2,000	$ 109,000
Time-Based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unrecognized compensation expense					$ 1,300,000
Weighted average period over which unrecognized compensation expense is expected to be recognized					1 year 10 months 24 days
Fair value of units expected to vest					$ 1,500,000
Time-Based Restricted Stock Units [Member] | Selling, General and Administrative Expenses [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense					396,000	446,000
Common Stock Awards [Member] | Outside Directors [Member] | Immediate Vesting [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock awarded	18,326	19,753	6,426	4,312
Price Per Share	$ 4.57	$ 4.24	$ 13.03	$ 16.24
Common Stock Awards [Member] | Selling, General and Administrative Expenses [Member] | Outside Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense					$ 167,000	$ 154,000
2015 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common stock authorized for issuance							1,200,000
Number of shares available for future equity based grants					242,188

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Assumptions Used to Determine Fair Value of Performance Based Restricted Stock Units (Detail) - Performance Based Restricted Stock Units [Member] - Senior Executives [Member] - $ / shares		Aug. 10, 2022	Jul. 22, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Closing price of our common stock		$ 5.06	$ 14.75
Expected volatility of our common stock		48.20%	54.20%
Risk-free interest rate		3.13%	0.33%
Dividend yield		0%	3%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility of peer companies	[1]	41.60%	45.70%
Correlation coefficient of peer companies	[1]	0.05%	0.03%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility of peer companies	[1]	105.10%	101.50%
Correlation coefficient of peer companies	[1]	0.23%	0.35%
[1] The expected volatility and correlation coefficient of our peer companies for the August 10, 2022 and July 22, 2021, grant dates were based on peer companies that were approved by the Compensation Committee of our board of directors as an aggregate benchmark for determining the market-based total shareholder return component. Therefore, we disclosed ranges of the expected volatility and correlation coefficient for the companies that represented this peer group.

Stock-Based Compensation - Su_2

Stock-Based Compensation - Summary of Grants of Performance-Based Restricted Stock Units Associated with Senior Executives and Key Employees (Detail) - Performance Based Restricted Stock Units [Member] - $ / shares		Aug. 10, 2022		Jul. 22, 2021
Senior Executives [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance-Based Restricted Stock Units Awarded	[1],[2]	178,714		122,476
Price Per Share	[2]	$ 5.77	[3]	$ 15.93	[4]
Vesting Period	[2]	3 years		3 years
Key Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance-Based Restricted Stock Units Awarded	[1],[5]			20,500
Price Per Share	[5],[6]			$ 14.75
Vesting Period	[5]			3 years
[1] Amounts represent the maximum number of common stock shares that could be earned if certain performance targets are met as defined in the related restricted stock unit agreements. Performance-based restricted stock units awarded to senior executives. Price per share represents the fair market value per share ($ 1.14 per $1 , or an increase of $ 0.71 to the closing price of our common stock on the date of grant) determined using the Monte Carlo simulation model for the market-based total shareholder return component and the closing price of our common stock ($ 5.06 ) for the performance-based component of the performance-based restricted stock units granted to senior executives on August 10, 2022. Price per share represents the fair market value per share ($ 1.08 per $1 , or an increase of $ 1.18 to the closing price of our common stock on the date of grant) determined using the Monte Carlo simulation model for the market-based total shareholder return component and the closing price of our common stock ($ 14.75 ) for the performance-based component of the performance-based restricted stock units granted to senior executives on July 22, 2021. Performance-based restricted stock units awarded to key employees. Price per share represents the closing price of our common stock on the date of grant.

Stock-Based Compensation - Su_3

Stock-Based Compensation - Summary of Grants of Performance-Based Restricted Stock Units Associated with Senior Executives and Key Employees (Parenthetical) (Detail) - Performance Based Restricted Stock Units [Member] - Senior Executives [Member] - $ / shares	Aug. 10, 2022	Jul. 22, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value adjustment to closing price of common stock, percentage	14%	8%
Fair value adjustment to closing price of common stock, per share	$ 0.71	$ 1.18
Closing price of common stock	$ 5.06	$ 14.75

Stock-Based Compensation - Su_4

Stock-Based Compensation - Summary of Vested Performance-Based Restricted Stock Units (Detail) - Performance Based Restricted Stock Units [Member] - USD ($) $ / shares in Units, $ in Thousands		6 Months Ended
		Oct. 30, 2022	Oct. 31, 2021
Senior Executives [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units Vested	[1]	545	5,051
Fair Value	[1],[2]	$ 3	$ 87
Price Per Share	[1],[3]	$ 5.10	$ 17.14
Key Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units Vested	[4]	437	5,812
Fair Value	[2],[4]	$ 2	$ 100
Price Per Share	[3],[4]	$ 5.10	$ 17.14
[1] Performance-based restricted stock units vested by senior executives. Dollar amounts are in thousands. Price per share is derived from the closing price of our common stock on the date the respective performance-based restricted stock units vested. Performance-based restricted stock units vested by key employees.

Stock-Based Compensation - Su_5

Stock-Based Compensation - Summary of Grants of Time-Based Restricted Stock Unit Awards Associated with Key Member of Management (Detail) - Time-Based Restricted Stock Units [Member] - Senior Executives and Management [Member] - $ / shares		Sep. 06, 2022	Aug. 10, 2022	Jul. 22, 2021	Aug. 06, 2020	Aug. 02, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Time-Based Restricted Stock Units Awarded		37,671	82,016	37,591	129,095	10,000
Price Per Share	[1]	$ 4.58	$ 5.06	$ 14.75	$ 11.01	$ 24.35
Vesting Period			3 years	3 years	3 years	5 years
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Period		1 year
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Period		3 years
[1] Price per share represents closing price of common stock on the date the respective award was granted.

Stock-Based Compensation - Su_6

Stock-Based Compensation - Summary of Time-based Restricted Stock Units (Detail) - Time-Based Restricted Stock Units [Member] $ / shares in Units, $ in Thousands	6 Months Ended
	Oct. 30, 2022 USD ($) $ / shares shares
Senior Executives [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units Vested | shares	19,786	[1]
Fair Value | $	$ 101	[1],[2]
Price Per Share | $ / shares	$ 5.10	[1],[3]
Key Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units Vested | shares	13,013	[4]
Fair Value | $	$ 66	[2],[4]
Price Per Share | $ / shares	$ 5.10	[3],[4]
[1] Time-based restricted stock units vested by senior executives. Dollar amounts are in thousands. Price per share is derived from the closing price of our common stock on the date the respective time-based restricted stock units vested. Time-based restricted stock units vested by key employees.

Leases - Narrative (Detail)

Leases - Narrative (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021	Oct. 30, 2022	Oct. 31, 2021
Lessee, operating lease, option to extend			renewal options for additional periods ranging up to twelve years
Operating lease expenses	$ 959,000	$ 905,000	$ 2,000,000	$ 1,800,000
Minimum [Member]
Operating lease remaining lease terms			1 year
Maximum [Member]
Operating lease remaining lease terms			9 years

Leases - Lessee Operating Lease

Leases - Lessee Operating Lease Right of Use Assets and Liabilities (Detail) - USD ($) $ in Thousands	Oct. 30, 2022	May 01, 2022	[1]	Oct. 31, 2021
Assets And Liabilities Lessee [Abstract]
Right of use assets	$ 11,609	$ 15,577		$ 13,649
Operating lease liability - current	2,655	3,219		2,878
Operating lease liability - noncurrent	$ 4,194	$ 7,062		$ 7,914
[1] Derived from audited financial statements.

Leases - Operating Leases of Le

Leases - Operating Leases of Lessee Disclosure (Details) - USD ($) $ in Thousands	6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021
Lessee Disclosure [Abstract]
Operating lease liability payments	$ 1,068	$ 1,436
Right of use assets exchanged for lease liabilities		$ 2,614

Leases - Lessee Operating Lea_2

Leases - Lessee Operating Lease Liability Maturity (Details) $ in Thousands	Oct. 30, 2022 USD ($)
Lessee Disclosure [Abstract]
2023	$ 1,377
2024	2,575
2025	1,578
2026	334
2027	298
Thereafter	1,028
Total	7,190
Less: interest	(341)
Present value of lease liabilities	$ 6,849

Leases - Weighted Average Lease

Leases - Weighted Average Lease Term and Discount Rate (Detail)	Oct. 30, 2022
Lessee Disclosure [Abstract]
Weighted average lease term	4 years
Weighted average discount rate	3.39%

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Detail) - USD ($)	Oct. 30, 2022	May 01, 2022	[1]	Oct. 31, 2021
Commitments and Contingencies Disclosure [Line Items]
Accounts payable for capital expenditures	$ 200,000	$ 473,000		$ 176,000
Mattress Fabrics [Member] | Capital Addition Purchase Commitments [Member]
Commitments and Contingencies Disclosure [Line Items]
Open purchase commitments for equipment	$ 444,000
[1] Derived from audited financial statements.

Statutory Reserves - Narrative

Statutory Reserves - Narrative (Detail) - Subisidiary [Member] - China [Member] $ in Millions	6 Months Ended
	Oct. 30, 2022 USD ($)
Statutory Reserves [Line Items]
Percentage of net income required to be transferred to a statutory surplus reserve fund	10%
Maximum required percentage of statutory surplus reserve fund to registered capital	50%
Percentage of statutory surplus reserve fund to registered capital	50%
Statutory surplus reserve fund balance	$ 4
Minimum threshold percentage for statutory surplus reserve fund as percentage of registered capital, below which certain capital transactions are prohibited	25%

Common Stock Repurchase Progr_2

Common Stock Repurchase Program (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 31, 2021	Aug. 01, 2021	Oct. 30, 2022	Oct. 31, 2021	Mar. 31, 2020
Stockholders Equity Note [Line Items]
Cost of common stock repurchase	$ 1,029,000	$ 723,000		$ 1,800,000
Common Stock [Member]
Stockholders Equity Note [Line Items]
Common stock repurchased	73,002	48,686	0	121,688
Cost of common stock repurchase	$ 3,000	$ 2,000
Remaining authorized repurchase amount			$ 3,200,000
Stock Repurchase Program March 2020 [Member] | Common Stock [Member]
Stockholders Equity Note [Line Items]
Authorization amount for repurchase of common stock					$ 5,000,000

Dividend Program - Narrative (D

Dividend Program - Narrative (Detail) - USD ($)	6 Months Ended
	Oct. 30, 2022	Oct. 31, 2021
Dividends [Line Items]
Cash dividends paid		$ 2,699,000
Quarterly Dividend [Member]
Dividends [Line Items]
Cash dividends paid	$ 0	$ 2,700,000
Cash dividend payment, per share		$ 0.11