Culp (CULP) 10-Q 10 Mar 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	9 Months Ended
	Jan. 29, 2017shares
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jan. 29, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Trading Symbol	CFI
Entity Registrant Name	CULP INC
Entity Central Index Key	723,603
Current Fiscal Year End Date	--04-30
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding	12,314,756

CONSOLIDATED STATEMENTS OF NET

CONSOLIDATED STATEMENTS OF NET INCOME (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 29, 2017	Jan. 31, 2016	Jan. 29, 2017	Jan. 31, 2016
Income Statement [Abstract]
Net sales	$ 76,169	$ 78,466	$ 232,194	$ 235,607
Cost of sales	59,410	61,903	180,115	187,109
Gross profit	16,759	16,563	52,079	48,498
Selling, general and administrative expenses	9,824	9,337	29,171	27,512
Income from operations	6,935	7,226	22,908	20,986
Interest income	(124)	(38)	(164)	(150)
Other expense	69	85	376	405
Income before income taxes	6,990	7,179	22,696	20,731
Income taxes	643	2,317	6,560	7,398
Net income	$ 6,347	$ 4,862	$ 16,136	$ 13,333
Net income per share, basic	$ 0.52	$ 0.39	$ 1.31	$ 1.08
Net income per share, diluted	$ 0.51	$ 0.39	$ 1.29	$ 1.07
Average shares outstanding, basic	12,313	12,331	12,302	12,317
Average shares outstanding, diluted	12,544	12,486	12,517	12,488

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 29, 2017	Jan. 31, 2016	Jan. 29, 2017	Jan. 31, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 6,347	$ 4,862	$ 16,136	$ 13,333
Unrealized gains (losses) on investments
Unrealized holding gains (losses) on investments	(13)	(194)	75	(312)
Reclassification adjustment for realized loss included in net income		71	12	127
Total other comprehensive income (loss)	(13)	(123)	87	(185)
Comprehensive income	$ 6,334	$ 4,739	$ 16,223	$ 13,148

CONSOLIDATED BALANCE SHEETS (UN

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Jan. 29, 2017	May 01, 2016	[1]	Jan. 31, 2016
Current assets:
Cash and cash equivalents	$ 15,659	$ 37,787		$ 31,713
Short-term investments	2,410	4,359		4,259
Accounts receivable, net	22,726	23,481		26,784
Inventories	46,193	46,531		48,485
Income taxes receivable		155		23
Other current assets	2,514	2,477		2,331
Total current assets	89,502	114,790		113,595
Property, plant and equipment, net	50,333	39,973		38,157
Goodwill	11,462	11,462		11,462
Deferred income taxes	422	2,319		4,312
Long-term investments - Held-To-Maturity	30,832
Long-term investments - Rabbi Trust	5,488	4,025		3,590
Investment in unconsolidated joint venture	600
Other assets	2,417	2,573		2,435
Total assets	191,056	175,142		173,551
Current liabilities:
Accounts payable-trade	22,352	23,994		25,601
Accounts payable - capital expenditures	4,886	224		380
Accrued expenses	10,511	11,922		12,690
Income taxes payable - current	217	180		622
Total current liabilities	37,966	36,320		39,293
Accounts payable - capital expenditures	708
Income taxes payable - long-term	1,817	3,841		3,480
Deferred income taxes	2,924	1,483		1,209
Deferred compensation	5,327	4,686		4,495
Total liabilities	48,742	46,330		48,477
Commitments and Contingencies (Notes 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 12,314,756 at January 29, 2017; 12,250,489 at January 31, 2016; and 12,265,489 at May 1, 2016	615	614		613
Capital contributed in excess of par value	46,365	43,795		42,937
Accumulated earnings	95,391	84,547		81,804
Accumulated other comprehensive loss	(57)	(144)		(280)
Total shareholders' equity	142,314	128,812		125,074
Total liabilities and shareholders' equity	$ 191,056	$ 175,142		$ 173,551
[1]	Derived from audited financial statements.

CONSOLIDATED BALANCE SHEETS (U5

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - $ / shares	Jan. 29, 2017	May 01, 2016	[1]	Jan. 31, 2016
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	12,314,756	12,265,489		12,250,489
Common stock, outstanding	12,314,756	12,265,489		12,250,489
[1]	Derived from audited financial statements.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Jan. 29, 2017		Jan. 31, 2016
Cash flows from operating activities:
Net income	$ 16,136		$ 13,333
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	5,304		4,888
Amortization of assets	162		123
Stock-based compensation	2,619		1,964
Excess tax benefit related to stock-based compensation	(195)		(822)
Deferred income taxes	3,533		1,906
Realized loss on sale of short-term investments	12		127
Gain on sale of equipment	(71)		(66)
Foreign currency exchange gains	(18)		(85)
Changes in assets and liabilities:
Accounts receivable	340		1,091
Inventories	(137)		(6,485)
Other current assets	90		(108)
Other assets	51		48
Accounts payable - trade	(946)		(1,979)
Accrued expenses and deferred compensation	(948)		1,406
Income taxes	(1,695)		535
Net cash provided by operating activities	24,237		15,876
Cash flows from investing activities:
Capital expenditures	(9,253)		(7,686)
Investment in unconsolidated joint venture	(600)
Proceeds from the sale of equipment	80		230
Payment on life insurance policy	(18)		(18)
Proceeds from the sale of short-term investments	2,000		5,612
Purchase of short-term investments	(8)		(86)
Purchase of long-term investments (Held-To-Maturity)	(31,050)
Purchase of long-term investments (Rabbi Trust)	(1,431)		(1,268)
Net cash used in investing activities	(40,280)		(3,216)
Cash flows from financing activities:
Proceeds from line of credit	7,000		7,000
Payments on line of credit	(7,000)		(7,000)
Payments on vendor-financed capital expenditures	(1,050)
Payments on long-term debt			(2,200)
Excess tax benefit related to stock-based compensation	195		822
Repurchase of common stock			(2,397)
Dividends paid	(5,292)		(7,281)
Payments on debt issuance costs	(2)		(43)
Proceeds from common stock issued	37		138
Net cash used in financing activities	(6,112)		(10,961)
Effect of exchange rate changes on cash and cash equivalents	27		289
(Decrease) increase in cash and cash equivalents	(22,128)		1,988
Cash and cash equivalents at beginning of period	37,787	[1]	29,725
Cash and cash equivalents at end of period	$ 15,659		$ 31,713
[1]	Derived from audited financial statements.

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Thousands		Total	Common Stock	Capital Contributed in Excess of Par Value	Accumulated Earnings	Accumulated Other Comprehensive Loss
Balance at May. 03, 2015		$ 119,427	$ 611	$ 43,159	$ 75,752	$ (95)
Balance (in shares) at May. 03, 2015			12,219,121
Net income		13,333
Unrealized gain (loss) on investments		(185)
Balance at Jan. 31, 2016		125,074
Balance at May. 03, 2015		119,427	$ 611	43,159	75,752	(95)
Balance (in shares) at May. 03, 2015			12,219,121
Net income		16,935			16,935
Stock-based compensation		2,742		2,742
Unrealized gain (loss) on investments		(49)				(49)
Excess tax benefit related to stock based compensation		841		841
Common stock repurchased		(2,397)	$ (5)	(2,392)
Common stock repurchased (in shares)			(100,776)
Common stock issued in connection with performance based units (in shares)			115,855
Common stock issued in connection with performance based units			$ 6	(6)
Fully vested common stock award			3,000
Common stock issued in connection with exercise of stock options (in shares)			54,500
Common stock issued in connection with exercise of stock options		200	$ 3	197
Common stock surrendered for withholding taxes payable		(747)	$ (1)	(746)
Common stock surrendered for withholding taxes payable (in shares)			(26,211)
Dividends paid		(8,140)			(8,140)
Balance at May. 01, 2016	[1]	128,812	$ 614	43,795	84,547	(144)
Balance (in shares) at May. 01, 2016	[1]		12,265,489
Net income		16,136			16,136
Stock-based compensation		2,619		2,619
Unrealized gain (loss) on investments		87				87
Excess tax benefit related to stock based compensation		195		195
Common stock issued in connection with performance based units (in shares)			49,192
Common stock issued in connection with performance based units			$ 2	(2)
Fully vested common stock award			4,800
Common stock issued in connection with exercise of stock options (in shares)			5,000
Common stock issued in connection with exercise of stock options		37		37
Common stock surrendered for withholding taxes payable		(280)	$ (1)	(279)
Common stock surrendered for withholding taxes payable (in shares)			(9,725)
Dividends paid		(5,292)			(5,292)
Balance at Jan. 29, 2017		$ 142,314	$ 615	$ 46,365	$ 95,391	$ (57)
Balance (in shares) at Jan. 29, 2017			12,314,756
[1]	Derived from audited financial statements.

Basis of Presentation

Basis of Presentation	9 Months Ended
	Jan. 29, 2017
Accounting Policies [Abstract]
Basis of Presentation	1. Basis of Presentation The accompanying unaudited consolidated financial statements of Culp, Inc. and subsidiaries (the “company”) include all adjustments, which are, in the opinion of management, necessary for fair presentation of the results of operations and financial position. All of these adjustments are of a normal recurring nature. Results of operations for interim periods may not be indicative of future results. The unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements, which are included in the company’s annual report on Form 10-K filed with the Securities and Exchange Commission on July 15, 2016, for the fiscal year ended May 1, 2016. The company’s nine months ended January 29, 2017, and January 31, 2016, represent 39 week periods, respectively.

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Jan. 29, 2017
Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies As of January 29, 2017, 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, 2016. Recently Adopted Accounting Pronouncements In November 2015, the FASB issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes In June 2014, the Financial Accounting Standards Board (“FASB”) amended its authoritative guidance on accounting for certain share-based payment awards. The amended guidance requires that share-based compensation awards with terms of a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant-date fair value of the award and compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved. The guidance will permit an entity to apply the amendments in the update either (a) prospectively to all awards granted or modified after the effective date or (b) retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented in the consolidated financial statements and to all new or modified awards thereafter. This guidance was effective for the first quarter of fiscal 2017 and did not have any impact on our consolidated financial statements as we currently do not have any share-based payment awards with terms of a performance target that affects vesting and could be achieved after the requisite service period. Recently Issued Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, which amends ASC Topic 606, Revenue from Contracts with Customers. Revenue from Contracts with Customers: Deferral of the Effective Date In July 2015, the FASB issued ASU No. 2015-11, Simplifying the Measurement of Inventory In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), In March 2016, the FASB issued ASU No. 2016-09, "Compensation - Stock Compensation (Topic 718): Improvements to Employee Shares-Based Payment Accounting." ASU 2016-09 is intended to improve the accounting for share-based payment transactions as part of the FASB’s simplification initiative. ASU 2016-09 changes several aspects of the accounting for share-based payment award transactions, including: (1) accounting for income taxes; (2) classification of excess tax benefits on the statement of cash flows; (3) forfeitures; (4) minimum statutory tax withholding requirements; and (5) classification of employee taxes paid on the statement of cash flows when an employer withholds shares for tax-withholding purposes. ASU 2016-09 is effective for fiscal years beginning after December 15, 2016, and interim periods within those years for public companies. We are therefore required to apply this guidance in our fiscal 2018 interim and annual financial statements. We are currently assessing the impact that ASU 2016-09 will have on its consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In October 2016, the FASB issued ASU No. 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Than Inventory, There are no other new accounting pronouncements that are expected to have a significant impact on our consolidated financial statements.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Jan. 29, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	3. Stock-Based Compensation Equity Incentive Plan Description On September 16, 2015, our shareholders approved an equity incentive plan entitled the Culp, Inc. 2015 Equity Incentive Plan (the “2015 Plan”). The 2015 Plan updated and replaced our 2007 Equity Incentive Plan (the “2007 Plan”) as the vehicle for granting new equity based awards substantially similar to those authorized under the 2007 Plan. In general, 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 units, and other equity and cash related awards as determined by our Compensation Committee. 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. In connection with the approval of the 2015 Plan, no further awards will be granted under the 2007 Plan, but outstanding awards under the 2007 Plan will be settled in accordance with their terms. At January 29, 2017, there were 959,942 shares available for future equity based grants under our 2015 plan. Incentive Stock Option Awards We did not grant any incentive stock option awards through the through the third quarter of fiscal 2017. At January 29, 2017, options to purchase 78,600 shares of common stock were outstanding and exercisable, had a weighted average exercise price of $8.43 per share, and a weighted average contractual term of 0.6 years. At January 29, 2017, the aggregate intrinsic value for options outstanding and exercisable was $2.0 million. The aggregate intrinsic value for options exercised for the nine months ending January 29, 2017 and January 31, 2016, was $128,000 and $1.0 million, respectively. At January 29, 2017, there were no unvested incentive stock option awards. Therefore, there was no unrecognized compensation cost related to incentive stock option awards at January 29, 2017. No compensation expense was recorded for incentive stock options for the nine months ended January 29, 2017 and January 31, 2016, respectively. Common Stock Awards On October 3, 2016, we granted a total of 4,800 shares of common stock to our outside directors. These shares of common stock vest immediately and were measured at $29.80 per share, which represents the closing price of our common stock at the date of grant. On October 1, 2015, we granted a total of 3,000 shares of common stock to our outside directors. These shares of common stock vest immediately and were measured at $31.77 per share, which represents the closing price of our common stock at the date of grant. We recorded $143,000 and $95,000 within selling, general, and administrative expense for these common stock awards for the nine months ending January 29, 2017, and January 31, 2016, respectively. Performance Based Restricted Stock Units Fiscal 2017 Grants On July 14, 2016, certain key members of management were granted performance-based restricted stock units which could earn up to 107,880 shares of common stock if certain performance targets are met as defined in the related restricted stock unit agreements. These awards were valued based on the fair market value on the date of grant. The fair value of these awards was $28 per share, which represents the closing price of our common stock on the date of grant. The vesting of these awards is over the requisite service period of three years. On July 14, 2016, a non-employee was granted performance-based restricted stock units which could earn up to 11,549 shares of common stock if certain performance targets are met as defined in the related restricted stock unit agreement. The fair value of this award is measured at the earlier date of when the performance criteria are met or the end of the reporting period. At January 29, 2017, this grant was unvested and was measured at $33.80 per share, which represents the closing price of our common stock at the end of the reporting period. The vesting of this award is over the requisite service period of three years. Fiscal 2016 Grants On July 15, 2015, certain key members of management were granted performance-based restricted stock units which could earn up to 107,554 shares of common stock if certain performance targets are met as defined in the related restricted stock unit agreements. These awards were valued based on the fair market value on the date of grant. The fair value of these awards was $32.23 per share, which represents the closing price of our common stock on the date of grant. The vesting of these awards is over the requisite service period of three years. On July 15, 2015, a non-employee was granted performance-based restricted stock units which could earn up to 10,364 shares of common stock if certain performance targets are met as defined in the related restricted stock unit agreement. The fair value of this award is measured at the earlier date of when the performance criteria are met or the end of the reporting period. At January 29, 2017, this grant was unvested and was measured at $33.80 per share, which represents the closing price of our common stock at the end of the reporting period. The vesting of this award is over the requisite service period of three years. Fiscal 2015 Grants On June 24, 2014, certain key members of management were granted performance-based restricted stock units which could earn up to 102,845 shares of common stock if certain performance targets are met as defined in the related restricted stock unit agreements. These awards were valued based on the fair market value on the date of grant. The fair value of these awards was $17.70 per share, which represents the closing price of our common stock on the date of grant. The vesting of these awards is over the requisite service period of three years. On March 3, 2015, a non-employee was granted performance-based restricted stock units which could earn up to 28,000 shares of common stock if certain performance targets are met as defined in the related restricted stock unit agreements. The fair value of this award is measured at the earlier date of when the performance criteria are met or the end of the reporting period. At January 29, 2017, 16,000 restricted stock units associated with this grant were unvested and were measured at $33.80 per share, which represents the closing price of the company’s common stock at the end of the reporting period. The vesting of these 16,000 restricted stock units vest over their requisite service period of 28 months. During the first quarter of fiscal 2017, 12,000 shares of common stock associated with the grant vested and had a weighted average fair value of $345,000 or $28.77 per share. 2014 Grant On June 25, 2013, certain key members of management were granted performance-based restricted stock units which could earn up to 72,380 shares of common stock if certain performance targets are met as defined in the related restricted stock unit agreements. These awards were valued based on the fair market value on the date of grant. The fair value of these awards was $17.12 per share, which represents the closing price of our common stock on the date of grant. The vesting of these awards is over the requisite service period of three years. During the first quarter of fiscal 2017, 37,192 shares of common stock associated with this grant vested and had a weighted average fair value of $637,000 or $17.12 per share. Our fiscal 2014 grant is fully vested. Fiscal 2013 Grant On July 11, 2012, certain key members of management were granted performance based restricted stock units which could earn up to 120,000 shares of common stock if certain performance targets are met as defined in the related restricted stock unit agreements. These awards were valued based on the fair market value on the date of grant. The fair value of these awards was $10.21 per share, which represents the closing price of our common stock on the date of grant. The vesting of these awards is over the requisite service period of three years. During the first quarter of fiscal 2016, 115,855 shares of common stock associated with our fiscal 2013 grant vested and had a weighted average fair value of $1.2 million or $10.21 per share. Our fiscal 2013 grant is fully vested. Overall We recorded compensation expense of $2.5 million and $1.9 million within selling, general, and administrative expense for our performance based restricted stock unit awards for the nine month periods ending January 29, 2017 and January 31, 2016, respectively. Compensation cost is recorded based on an assessment each reporting period of the probability if certain performance goals will be met during the vesting period. If performance goals are not probable of occurrence, no compensation cost will be recognized and any recognized compensation cost would be reversed. As of January 29, 2017, the remaining unrecognized compensation cost related to our performance based restricted stock unit awards was $4.8 million, which is expected to be recognized over a weighted average vesting period of 1.9 years. Time Vested Restricted Stock Units On July 14, 2016, an employee was granted 1,200 shares of time vested restricted stock units. This award was valued based on the fair market value on the date of grant. The fair value of this award was $28 per share, which represents the closing price of our common stock on the date of grant. The vesting of this award is over the requisite service period of 11 months. We recorded compensation expense of $20,000 within selling, general, and administrative expense for our time vested restricted stock unit awards for the nine months ending January 29, 2017. There were not any time vested restricted stock unit awards granted or unvested during the nine months ending January 31, 2016 and, therefore, no compensation expense was recorded. At January 29, 2017, the remaining unrecognized compensation cost related to unvested time vested restricted stock awards was $14,000, which is expected to be recognized over the next 4.5 months.

Accounts Receivable

Accounts Receivable	9 Months Ended
	Jan. 29, 2017
Receivables [Abstract]
Accounts Receivable	4. Accounts Receivable A summary of accounts receivable follows: (dollars in thousands) January 29, 2017 January 31, 2016 May 1, 2016 Customers $ 24,339 $ 28,684 $ 25,531 Allowance for doubtful accounts (397 ) (814 ) (1,088 ) Reserve for returns and allowances and discounts (1,216 ) (1,086 ) (962 ) $ 22,726 $ 26,784 $ 23,481 A summary of the activity in the allowance for doubtful accounts follows: Nine months ended (dollars in thousands) January 29, 2017 January 31, 2016 Beginning balance $ (1,088 ) $ (851 ) Provision for bad debts 239 (93 ) Net write-offs, net of recoveries 452 130 Ending balance $ (397 ) $ (814 ) A summary of the activity in the allowance for returns and allowances and discounts accounts follows: Nine months ended (dollars in thousands) January 29, 2017 January 31, 2016 Beginning balance $ (962 ) $ (738 ) Provision for returns, allowances and discounts (2,357 ) (2,389 ) Credits issued 2,103 2,041 Ending balance $ (1,216 ) $ (1,086 )

Inventories

Inventories	9 Months Ended
	Jan. 29, 2017
Inventory Disclosure [Abstract]
Inventories	5. Inventories Inventories are carried at the lower of cost or market. Cost is determined using the FIFO (first-in, first-out) method. A summary of inventories follows: (dollars in thousands) January 29, 2017 January 31, 2016 May 1, 2016 Raw materials $ 6,977 $ 6,831 $ 5,462 Work-in-process 3,161 3,365 2,972 Finished goods 36,055 38,289 38,097 $ 46,193 $ 48,485 $ 46,531

Other Assets

Other Assets	9 Months Ended
	Jan. 29, 2017
Text Block [Abstract]
Other Assets	6. Other Assets A summary of other assets follows: (dollars in thousands) January 29, 2017 January 31, 2016 May 1, 2016 Cash surrender value – life insurance $ 376 $ 357 $ 357 Non-compete agreement, net 847 922 903 Customer relationships, net 677 728 715 Other 517 428 598 $ 2,417 $ 2,435 $ 2,573 Non-Compete Agreement We recorded our non-compete agreement at its fair value based on a discounted cash flow valuation model. Our non-compete agreement is amortized on a straight-line basis over the fifteen year life of the respective agreement. The gross carrying amount of our non-compete agreement was $2.0 million at January 29, 2017, January 31, 2016 and May 1, 2016, respectively. At January 29, 2017, January 31, 2016, and May 1, 2016, accumulated amortization for our non-compete agreement was $1.2 million, $1.1 million, and $1.1 million, respectively. Amortization expense for our non-compete agreement was $56,000 for the nine month periods ended January 29, 2017 and January 31, 2016. The remaining amortization expense for the next five fiscal years and thereafter follows: FY 2017 - $18,000; FY 2018 - $75,000; FY 2019- $75,000; FY 2020 - $75,000; FY 2021 - $75,000 and Thereafter - $529,000. The weighted average amortization period for our non-compete agreement is 11.3 years as of January 29, 2017. Customer Relationships We recorded our customer relationships at their fair value based on a multi-period excess earnings valuation model. Our customer relationships are amortized on a straight-line basis over its seventeen year useful life. The gross carrying amount of our customer relationships was $868,000 at January 29, 2017, January 31, 2016, and May 1, 2016, respectively. Accumulated amortization for our customer relationships was $191,000, $140,000, and $153,000 at January 29, 2017, January 31, 2016, and May 1, 2016, respectively. Amortization expense for our customer relationships was $38,000 for the nine months ending January 29, 2017 and January 31, 2016. The remaining amortization expense for the next five fiscal years and thereafter follows: FY 2017 - $13,000; FY 2018 - $51,000; FY 2019 - $51,000; FY 2020 - $51,000; FY 2021 - $51,000; and Thereafter - $460,000. The weighted average amortization period for our customer relationships is 13.3 years as of January 29, 2017. Cash Surrender Value – Life Insurance At January 29, 2017, January 31, 2016, and May 1, 2016 we had one life insurance contract with a death benefit of $1.4 million. Our cash surrender value – life insurance balances totaling $376,000, $357,000 and $357,000 at January 29, 2017, January 31, 2016, and May 1, 2016, respectively, are collectible upon death of the respective insured.

Accrued Expenses

Accrued Expenses	9 Months Ended
	Jan. 29, 2017
Text Block [Abstract]
Accrued Expenses	7. Accrued Expenses A summary of accrued expenses follows: (dollars in thousands) January 29, 2017 January 31, 2016 May 1, 2016 Compensation, commissions and related benefits $ 9,205 $ 8,678 $ 10,011 Advertising rebates 118 2,876 870 Interest 11 - - Other accrued expenses 1,177 1,136 1,041 $ 10,511 $ 12,690 $ 11,922

Lines of Credit

Lines of Credit	9 Months Ended
	Jan. 29, 2017
Debt Disclosure [Abstract]
Lines of Credit	8. Lines of Credit Revolving Credit Agreement – United States Our Credit Agreement with Wells Fargo Bank, N.A. (“Wells Fargo”) provides a revolving loan commitment of $30 million. Interest was charged at a rate (applicable interest rate of 2.23% at January 29, 2017) as a variable spread over LIBOR based on our ratio of debt to EBITDA. The Credit Agreement contains certain financial and other covenants as defined in the agreement and is set to expire on August 15, 2018. The purposes of our revolving credit line is to support potential short term cash needs in different jurisdictions within our global operations, mitigate our risk associated with foreign currency exchange rate fluctuations, and ultimately repatriate earnings and profits from our foreign subsidiaries to the U.S. for various strategic purposes. Outstanding borrowings are secured by a pledge of 65% of the common stock of Culp International Holdings Ltd. (our subsidiary located in the Cayman Islands), as required by the Credit Agreement. There were no borrowings outstanding under the Credit Agreement at January 29, 2017, January 31, 2016, and May 1, 2016, respectively. At January 29, 2017, January 31, 2016, and May 1, 2016, there were $250,000 in outstanding letters of credit (all of which related to workers compensation) provided by the Credit Agreement. Effective August 1, 2016, we entered into a Third Amendment to our Credit Agreement that will allow us to issue letters of credit not to exceed $7.5 million. On August 3, 2016, we issued a $5.0 million letter of credit (all of which is currently outstanding and in addition to the $250,000 letter of credit noted above) for the construction of a new building associated with our mattress fabrics segment (see Note 15 for further details). This $5.0 million letter of credit will be automatically reduced in increments of $1.25 million on August 1, 2017, November 1, 2017, February 1, 2018, and May 15, 2018, respectively. Revolving Credit Agreement – China We have an unsecured credit agreement associated with our operations in China that provides for a line of credit of up to 40 million Chinese Yuan Renminbi (approximately $5.8 million USD at January 29, 2017), that expires February 15, 2018. This agreement has an interest rate determined by the Chinese government and there were no borrowings outstanding as of January 29, 2017, January 31, 2016, and May 1, 2016. Overall Our loan agreements require, among other things, that we maintain compliance with certain financial covenants. At January 29, 2017, the company was in compliance with these financial covenants.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Jan. 29, 2017
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	9. Fair Value of Financial Instruments 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. Recurring Basis The following table presents information about assets measured at fair value on a recurring basis: Fair value measurements at January 29, 2017 using: Quoted prices in active markets for identical assets Significant other observable inputs Significant unobservable inputs (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: U.S. Corporate Bonds $ - $ 30,682 N/A $ 30,682 Premier Money Market Fund 4,888 N/A N/A 4,888 Low Duration Bond Fund 1,073 N/A N/A 1,073 Intermediate Term Bond Fund 739 N/A N/A 739 Strategic Income Fund 598 N/A N/A 598 Large Blend Fund 343 N/A N/A 343 Growth Allocation Fund 113 N/A N/A 113 Moderate Allocation Fund 83 N/A N/A 83 Other 61 N/A N/A 61 Fair value measurements at January 31, 2016 using: Quoted prices in active markets for identical assets Significant other observable inputs Significant unobservable inputs (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 3,071 N/A N/A $ 3,071 Low Duration Bond Fund 1,592 N/A N/A 1,592 Intermediate Term Bond Fund 1,116 N/A N/A 1,116 Strategic Income Fund 957 N/A N/A 957 Limited Term Bond Fund 594 N/A N/A 594 Large Blend Fund 254 N/A N/A 254 Growth Allocation Fund 128 N/A N/A 128 Mid Cap Value Fund 90 N/A N/A 90 Other 47 N/A N/A 47 Fair value measurements at May 1, 2016 using: Quoted prices in active markets for identical assets Significant other observable inputs Significant unobservable inputs (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 3,404 N/A N/A $ 3,404 Low Duration Bond Fund 1,604 N/A N/A 1,604 Intermediate Term Bond Fund 1,154 N/A N/A 1,154 Strategic Income Fund 999 N/A N/A 999 Limited Term Bond Fund 602 N/A N/A 602 Large Blend Fund 289 N/A N/A 289 Growth Allocation Fund 148 N/A N/A 148 Mid Cap Value Fund 102 N/A N/A 102 Other 82 N/A N/A 82 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. Short-Term Investments At January 29, 2017, January 31, 2016, and May 1, 2016, our short-term investments totaled $2.4 million, $4.3 million, and $4.4 million, respectively, and consisted of short-term bond funds. Our short-term bond funds are recorded at their fair value, are classified as available-for-sale, and their unrealized gains or losses are included in other comprehensive income (loss). Our short-term bond investments had an accumulated unrealized loss totaling $68,000, $181,000, and $100,000 at January 29, 2017, January 31, 2016, and May 1, 2016, respectively. At January 29, 2017, January 31, 2016, and May 1, 2016, the fair value of our short-term bond funds approximated its cost basis. Long- Term Investments - Held-To-Maturity During the second quarter of fiscal 2017, management decided to invest approximately $31.0 million in investment grade U.S. Corporate bonds with maturities primarily ranging from 2 to 2.5 years. The purpose of this investment was to earn a higher rate of return on our excess cash located in the Cayman Islands. These investments are classified as held-to-maturity as we have the positive intent and ability to hold these investments until maturity. Our held-to-maturity investments will be recorded as either current or noncurrent on our Consolidated Balance Sheets, based on contractual maturity date and stated at amortized cost. At January 29, 2017, our held-to-maturity investments totaled $30.8 million and consisted of U.S. Corporate bonds. The fair value of our held-to-maturity investments totaled $30.7 million. Long-Term Investments - Rabbi Trust Effective January 1, 2014, we established a Rabbi Trust to set aside funds for participants of our deferred compensation plan (the “Plan”) and enable the participants to credit their contributions to various investment options of the Plan. The investments associated with the Rabbi Trust consist of a money market fund and various mutual funds that are classified as available for sale. Our long-term investments are recorded at their fair value of $5.5 million, $3.6 million, and $4.0 million at January 29, 2017, January 30, 2016, and May 1, 2016, respectively. Our long-term investments had an accumulated unrealized gain of $11,000 at January 29, 2017 and an accumulated unrealized loss of $99,000 and $44,000 at January 31, 2016 and May 1, 2016, respectively. The fair value of our long-term investments associated with our Rabbi Trust approximates its cost basis. Other The carrying amount of cash and cash equivalents, accounts receivable, other current assets, accounts payable, and accrued expenses approximates fair value because of the short maturity of these financial instruments.

Cash Flow Information

Cash Flow Information	9 Months Ended
	Jan. 29, 2017
Supplemental Cash Flow Elements [Abstract]
Cash Flow Information	10. Cash Flow Information Interest and income taxes paid are as follows: Nine months ended (dollars in thousands) January 29, 2017 January 31, 2016 Interest $ 110 $ 95 Income taxes 4,704 4,921 Interest costs charged to operations were $97,000 and $58,000 for the nine months ended January 29, 2017 and January 31, 2016, respectively. Interest costs of $97,000 and $58,000 for the construction of qualifying fixed assets were capitalized and will be amortized over the related assets’ useful lives for the nine months ended January 29, 2017 and January 31, 2016, respectively.

Net Income Per Share

Net Income Per Share	9 Months Ended
	Jan. 29, 2017
Earnings Per Share [Abstract]
Net Income Per Share	11. Net Income Per Share Basic net income per share is computed using the weighted-average number of shares outstanding during the period. Diluted net 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 income per share follows: Three months ended (amounts in thousands) January 29, 2017 January 31, 2016 Weighted average common shares outstanding, basic 12,313 12,331 Dilutive effect of stock-based compensation 231 155 Weighted average common shares outstanding, diluted 12,544 12,486 All options to purchase shares of common stock were included in the computation of diluted net income for the three months ended January 29, 2017 and January 31, 2016, as the exercise price of the options was less than the average market price of the common shares. Nine months ended (amounts in thousands) January 29, 2017 January 31, 2016 Weighted average common shares outstanding, basic 12,302 12,317 Dilutive effect of stock-based compensation 215 171 Weighted average common shares outstanding, diluted 12,517 12,488 All options to purchase shares of common stock were included in the computation of diluted net income for the nine months ended January 29, 2017 and January 31, 2016, as the exercise price of the options was less than the average market price of the common shares.

Segment Information

Segment Information	9 Months Ended
	Jan. 29, 2017
Segment Reporting [Abstract]
Segment Information	12. Segment Information 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 to bedding manufacturers. The upholstery fabrics segment sources, manufactures, and sells fabrics primarily to residential furniture manufacturers. We evaluate the operating performance of our segments based upon income from operations before certain unallocated corporate expenses and other non-recurring items. Cost of sales in both segments include costs to 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 executive officers, all costs related to being a public company, and other miscellaneous expenses. Segment assets include assets used in the operations of each segment and primarily consist of accounts receivable, inventories, and property, plant and equipment. The mattress fabrics segment also includes in segment assets, investment in an unconsolidated joint venture, goodwill, a non-compete agreement, and customer relationships associated with an acquisition. Financial information for the company’s operating segments follows: Three months ended (dollars in thousands) January 29, 2017 January 31, 2016 Net sales: Mattress Fabrics $ 45,920 $ 44,277 Upholstery Fabrics 30,249 34,189 $ 76,169 $ 78,466 Gross profit: Mattress Fabrics $ 9,758 $ 8,751 Upholstery Fabrics 7,001 7,812 $ 16,759 $ 16,563 Selling, general, and administrative expenses: Mattress Fabrics $ 3,391 $ 2,953 Upholstery Fabrics 3,901 3,963 Total segment selling, general, and administrative expenses 7,292 6,916 Unallocated corporate expenses 2,532 2,421 $ 9,824 $ 9,337 Income from operations: Mattress Fabrics $ 6,367 $ 5,798 Upholstery Fabrics 3,100 3,849 Total segment income from operations 9,467 9,647 Unallocated corporate expenses (2,532 ) (2,421 ) Total income from operations 6,935 7,226 Interest income 124 38 Other expense (69 ) (85 ) Income before income taxes $ 6,990 $ 7,179 Nine months ended (dollars in thousands) January 29, 2017 January 31, 2016 Net sales: Mattress Fabrics $ 141,977 $ 137,522 Upholstery Fabrics 90,217 98,085 $ 232,914 $ 235,607 Gross profit: Mattress Fabrics $ 32,414 $ 28,133 Upholstery Fabrics 19,665 20,365 $ 52,079 $ 48,498 Selling, general, and administrative expenses: Mattress Fabrics $ 10,185 $ 8,865 Upholstery Fabrics 11,086 11,372 Total segment selling, general, and administrative expenses 21,271 20,237 Unallocated corporate expenses 7,900 7,275 $ 29,171 $ 27,512 Income from operations: Mattress Fabrics $ 22,229 $ 19,267 Upholstery Fabrics 8,579 8,994 Total segment income from operations 30,808 28,261 Unallocated corporate expenses (7,900 ) (7,275 ) Total income from operations 22,908 20,986 Interest income 164 150 Other expense (376 ) (405 ) Income before income taxes $ 22,696 $ 20,731 Balance sheet information for the company’s operating segments follows: (dollars in thousands) January 29, 2017 January 31, 2016 May 1, 2016 Segment assets: Mattress Fabrics Current assets (1) $ 41,498 $ 44,309 $ 43,472 Non-compete agreement 847 922 903 Customer relationships 677 728 715 Investment in unconsolidated joint venture 600 - - Goodwill 11,462 11,462 11,462 Property, plant and equipment (2) 47,755 35,637 37,480 Total mattress fabrics assets 102,839 93,058 94,032 Upholstery Fabrics Current assets (1) 27,421 30,960 26,540 Property, plant and equipment (3) 1,826 1,590 1,564 Total upholstery fabrics assets 29,247 32,550 28,104 Total segment assets 132,086 125,608 122,136 Non-segment assets: Cash and cash equivalents 15,659 31,713 37,787 Short-term investments 2,410 4,259 4,359 Deferred income taxes 422 4,312 2,319 Income taxes receivable - 23 155 Other current assets 2,514 2,331 2,477 Property, plant and equipment (4) 752 930 929 Long-term investments (Held-to-Maturity) 30,832 - - Long-term investments (Rabbi Trust) 5,488 3,590 4,025 Other assets 893 785 955 Total assets $ 191,056 $ 173,551 $ 175,142 Nine months ended (dollars in thousands) January 29, 2017 January 31, 2016 Capital expenditures (5): Mattress Fabrics $ 14,957 $ 6,215 Upholstery Fabrics 645 481 Unallocated Corporate 72 381 Total capital expenditures $ 15,674 $ 7,077 Depreciation expense: Mattress Fabrics $ 4,673 $ 4,273 Upholstery Fabrics 631 615 Total depreciation expense $ 5,304 $ 4,888 (1) Current assets represent accounts receivable and inventory for the respective segment. (2) The $47.8 million at January 29, 2017, represents property, plant, and equipment of $32.6 million and $15.2 million located in the U.S. and Canada, respectively. The $35.6 million at January 31, 2016, represents property, plant, and equipment of $23.0 million and $12.6 million located in the U.S. and Canada, respectively. The $37.5 million at May 1, 2016, represents property, plant, and equipment of $24.8 million and $12.7 million located in the U.S. and Canada, respectively. (3) The $1.8 million at January 29, 2017, represents property, plant, and equipment of $1.1 million and $711 located in the U.S. and China, respectively. The $1.6 million at January 31, 2016, represents property, plant, and equipment of $860 and $730 located in the U.S. and China, respectively. The $1.6 million at May 1, 2016, represents property, plant, and equipment of $893 and $671 located in the U.S. and China, respectively. (4) The $752, $930, and $929 at January 29, 2017, January 31, 2016 and May 1, 2016, respectively, represent property, plant, and equipment associated with unallocated corporate departments and corporate departments shared by both the mattress and upholstery fabric segments. Property, plant, and equipment associated with corporate are located in the U.S. (5) 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	9 Months Ended
	Jan. 29, 2017
Income Tax Disclosure [Abstract]
Income Taxes	13. Income Taxes Effective Income Tax Rate We recorded income tax expense of $6.6 million, or 28.9% of income before income taxes, for the nine month period ended January 29, 2017, compared to income tax expense of $7.4 million, or 35.7% of income before income taxes, for the nine month period ended January 31, 2016. Our effective income tax rates for the nine month periods ended January 29, 2017, and January 31, 2016, 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. 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 sources versus annual projections and changes in foreign currency exchange rates in relation to the U.S. dollar. The following schedule summarizes the factors that are attributable to the difference between income tax expense at the federal income tax rate and the effective income tax rate reflected in the consolidated financial statements: 2017 2016 Federal income tax rate 34.0 % 34.0 % Tax effects of Chinese foreign exchange gains 1.9 3.5 Reversal of foreign uncertain tax position (9.1 ) - U.S state income tax expense 0.6 0.7 Other 1.5 (2.5 ) 28.9 % 35.7 % Deferred Income Taxes Valuation Allowance In accordance with ASC Topic 740, we evaluate our deferred income taxes to determine if a valuation allowance is required. ASC Topic 740 requires that companies 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, taking into account the effects of local tax law. Based on our assessment at January 29, 2017, we recorded a partial valuation allowance of $557,000, of which $473,000 pertained to certain U.S. state net operating loss carryforwards and credits and $84,000 pertained to loss carryfowards associated with our Culp Europe operation located in Poland. Based on our assessment at January 31, 2016, we recorded a partial valuation allowance of $874,000, of which $498,000 pertained to certain U.S. state net operating loss carryforwards and credits and $376,000 pertained to loss carryfowards associated with our Culp Europe operation located in Poland. Based on our assessment at May 1, 2016, we recorded a partial valuation allowance of $590,000, of which $518,000 pertained to certain U.S. state net operating loss carryforwards and credits and $72,000 pertained to loss carryfowards associated with our Culp Europe operation located in Poland. No valuation allowance was recorded against our net deferred tax assets associated with our operations located in China and Canada at January 29, 2017, January 31, 2016, and May 1, 2016, respectively. The recorded valuation allowance of $557,000 at January 29, 2017, has no effect on our operations, loan covenant compliance, or the possible realization of certain U.S. state net operating loss carryforwards and credits and our loss carryforwards associated with our Culp Europe operation located in Poland. If it is determined that it is more-likely-than-not that we will realize any of these deferred tax assets, an income tax benefit will be recognized at that time. Undistributed Earnings In accordance with ASC Topic 740, we assess whether the undistributed earnings from our foreign subsidiaries will be reinvested indefinitely or eventually distributed to our U.S. parent company. ASC Topic 740 requires that a deferred tax liability should be recorded for undistributed earnings from foreign subsidiaries that will not be reinvested indefinitely. Based on our assessment as of January 29, 2017, it is our intention not to permanently invest our undistributed earnings from our foreign subsidiaries. Also, we assess the recognition of U.S. foreign income tax credits associated with foreign withholding and income tax payments and whether it is more-likely-than-not that our foreign income tax credits will not be realized. If it is determined that any foreign income tax credits need to be recognized or it is more-likely-than-not our foreign income tax credits will not be realized, an adjustment to our provision for income taxes will be recognized at that time. At January 29, 2017, we had accumulated earnings and profits from our foreign subsidiaries totaling $143.2 million. At the same date, the deferred tax liability associated with our undistributed earnings from our foreign subsidiaries totaled $405,000, which included U.S. income and foreign withholding taxes totaling $42.5 million, offset by U.S. foreign income tax credits of $42.1 million. At January 31, 2016, we had accumulated earnings and profits from our foreign subsidiaries totaling $100.9 million. At the same date, the deferred tax liability associated with our undistributed earnings from our foreign subsidiaries totaled $3.3 million, which included U.S. income and foreign withholding taxes totaling $37.3 million, offset by U.S. foreign income tax credits of $34.0 million. At May 1, 2016, we had accumulated earnings and profits from our foreign subsidiaries totaling $129.6 million. At the same date, the deferred tax liability associated with our undistributed earnings from our foreign subsidiaries totaled $604,000, which included U.S. income and foreign withholding taxes totaling $38.5 million, offset by U.S. foreign income tax credits of $37.9 million. Overall At January 29, 2017, our non-current deferred tax asset of $422,000 pertains to our operations located in China. At January 31, 2016, our non-current deferred tax asset of $4.3 million represents $3.5 million and $773,000 from our operations located in the U.S. and China, respectively. At May 1, 2016, our non-current deferred tax asset of $2.3 million represents $1.7 million and $572,000 from our operations located in the U.S. and China, respectively. At January 29, 2017, our non-current deferred tax liability of $2.9 million represents $1.7 million and $1.2 million from our operations located in Canada and the U.S., respectively. Our non-current deferred tax liability balances of $1.2 million and $1.5 million at January 31, 2016 and May 1, 2016, respectively, pertain to our operations located in Canada. Uncertainty In Income Taxes At January 29, 2017, we had a $13.4 million total gross unrecognized income tax benefit, of which $11.6 million and $1.8 million were classified as non-current deferred income taxes and income taxes payable – long-term, respectively, in the accompanying consolidated balance sheets. At January 31, 2016, we had a $13.2 million total gross unrecognized income tax benefit, of which $9.7 million and $3.5 million were classified as non-current deferred income taxes and income taxes payable – long-term, respectively, in the accompanying consolidated balance sheets. At May 1, 2016, we had $14.9 million of total gross unrecognized income tax benefit, of which $11.1 million and $3.8 million were classified as non-current deferred income taxes and income taxes payable – long-term, respectively, in the accompanying consolidated balance sheets. At January 29, 2017, our $13.4 million total gross unrecognized income tax benefit included $1.8 million that, if recognized, would favorably affect the income tax rate in future periods. At January 31, 2016, our $13.2 million total gross unrecognized income tax benefit, included $3.5 million that, if recognized, would favorably affect the income tax rate in future periods. At May 1, 2016, our $14.9 million total gross unrecognized income tax benefit included $3.8 million that, if recognized, would favorably affect the income tax rate in future periods. Our gross unrecognized income tax benefit of $13.4 million at January 29, 2017, relates to tax positions for which significant change is reasonably possible within the next year. This amount primarily relates to double taxation under applicable income tax treaties with foreign tax jurisdictions. United States federal and state income tax returns filed by us remain subject to examination for income tax years 2005 and subsequent due to loss carryforwards. Canadian federal returns filed by us remain subject to examination for income tax years 2010 and subsequent. Canadian provincial (Quebec) returns filed by us remain subject to examination for income tax years 2009 and subsequent, with the statute of limitations for the 2009 income tax year expiring in April 2017. Income tax returns associated with our operations located in China are subject to examination for income tax year 2011 and subsequent. Currently, the Internal Revenue Service is examining our U.S. Federal income tax returns for fiscal 2014, and no adjustments have been proposed at this time. We currently expect this examination to be completed during fiscal 2018. During the third quarter of fiscal 2017, Revenue Quebec commenced an examination of our Canadian provincial (Quebec) income tax returns for fiscal years 2013 through 2015, and no adjustments have been proposed at this time. We currently expect this examination to be completed during fiscal 2018. In accordance with ASC Topic 740, 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 reporting period, or is effectively settled through examination, negotiation, or litigation, or the statue 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. During the third quarter of fiscal 2017, we recognized an income tax benefit of $2.1 million for the reversal of an uncertain income tax position associated with a foreign jurisdiction in which the statute of limitations expired. This income tax benefit was treated as a discrete event in which the full income tax effects of the adjustment were recorded in the three and nine month periods ending January 29, 2017.

Statutory Reserves

Statutory Reserves	9 Months Ended
	Jan. 29, 2017
Text Block [Abstract]
Statutory Reserves	14. Statutory Reserves Our subsidiaries located in China are required to transfer 10% of their 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 reaches 50% of the company’s registered capital. The transfer to this reserve must be made before distributions of any dividend to shareholders. As of January 29, 2017, the company’s statutory surplus reserve was $4.5 million, representing 10% of accumulated earnings and profits determined in accordance with PRC accounting rules and regulations. The surplus reserve fund is non-distributable other than during liquidation and can be used to fund previous years’ losses, if any, and 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. Our subsidiaries located in China can transfer funds to the parent company with the exception of the statutory surplus reserve of $4.5 million to assist with debt repayment, capital expenditures, and other expenses of the company’s business.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Jan. 29, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	15. 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. Purchase Commitments Overall At January 29, 2017, January 31, 2016, and May 1, 2016, we had open purchase commitments to acquire a building and equipment for our mattress fabrics segment totaling $8.2 million, $977,000, and $10.6 million, respectively. The $8.2 million and $10.6 million open purchase commitments as of January 29, 2017 and May 1, 2016, include $4.9 million (of which $4.5 million represents completed work) and $9.3 million associated with the construction of a new building noted below. Construction of New Building Effective May 16, 2016, we entered into an agreement with a contractor to construct a new building located in North Carolina that will expand our distribution capabilities and office space at an current estimated cost of $11.1 million. This agreement required an installment payment of $1.9 million in April 2016 and requires additional installment payments to be made in the following fiscal years: Fiscal 2017- $4.3 million; Fiscal 2018- $3.8 million; and Fiscal 2019 - $1.1 million. Interest will be charged on the required outstanding installment payments in excess of services that have been rendered at a rate of $2.25% plus the current 30 day LIBOR rate. Also, we were required to issue a letter of a credit totaling $5.0 million with the contractor’s bank being the beneficiary. In addition to the interest that will be charged on the outstanding installment payments noted above, there will be a 0.1% unused fee calculated on the balance of the $5.0 million letter of credit less the amount outstanding per month (see Note 8 for further details). The remaining $4.9 million on this commitment is required to be paid on an installment basis over the next two fiscal years as follows: Fiscal 2018 - $3.8 million; and Fiscal 2019 - $1.1 million. This new building is currently expected to be completed and placed in service in our fourth quarter of fiscal 2017.

Investment in Unconsolidated Jo

Investment in Unconsolidated Joint Venture	9 Months Ended
	Jan. 29, 2017
Equity Method Investments and Joint Ventures [Abstract]
Investment in Unconsolidated Joint Venture	16. Investment in Unconsolidated Joint Venture Effective January 1, 2017, Culp International Holdings, Ltd. (Culp), a wholly-owned subsidiary of Culp, Inc., entered into a joint venture agreement, pursuant to which Culp owns fifty percent of CLASS International Holdings, Ltd (CLIH). CLIH will produce cut and sewn mattress covers, and its operations will be located in a modern industrial park on the northeast border of Haiti, which borders the Dominican Republic. CLIH is currently expected to commence production in the second quarter of fiscal 2018 and will complement our existing mattress fabric operations with a mirrored platform that will enhance our ability to meet customer demand while adding a lower cost operation to our platform. Culp’s investment in CLIH will be accounted for under the equity method of accounting in accordance with ASC Topic 823 – Investments – Equity Method and Joint Ventures. If our carrying value in CLIH is reduced to zero, no further losses will be recorded in our consolidated financial statements. However, if CLIH subsequently reports income, we will not record our share of such income until it equals the amount of its share of losses previously recognized.

Common Stock Repurchase Program

Common Stock Repurchase Program	9 Months Ended
	Jan. 29, 2017
Text Block [Abstract]
Common Stock Repurchase Program	17. Common Stock Repurchase Program On June 15, 2016, we announced that 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 amount 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 nine months ended January 29, 2017, and January 31, 2016, we did not purchase any shares of our common stock. At January 29, 2017, we had $5.0 million available for additional repurchases of our common stock.

Dividend Program

Dividend Program	9 Months Ended
	Jan. 29, 2017
Text Block [Abstract]
Dividend Program	18. Dividend Program On February 28, 2017, we announced that our board of directors approved a quarterly cash dividend of $0.08 per share. This payment will be made on or about April 17, 2017, to shareholders of record as of April 3, 2017. During the nine months ended January 29, 2017, dividend payments totaled $5.3 million, of which $2.6 million represented a special cash dividend payment of $0.21 per share, and $2.7 million represented quarterly dividend payments ranging from $0.07 to $0.08 per share. During the nine months ended January 31, 2016, dividend payments totaled $7.3 million, of which $5.0 million represented a special cash dividend of $0.40 per share, and $2.3 million represented quarterly dividend payments ranging from $0.06 to $0.07 per share. Future dividend payments are subject to board approval and may be adjusted at the board’s discretion as business needs or market conditions change.

Significant Accounting Polici26

Significant Accounting Policies (Policies)	9 Months Ended
	Jan. 29, 2017
Accounting Policies [Abstract]
Recently Adopted and Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements In November 2015, the FASB issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes In June 2014, the Financial Accounting Standards Board (“FASB”) amended its authoritative guidance on accounting for certain share-based payment awards. The amended guidance requires that share-based compensation awards with terms of a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant-date fair value of the award and compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved. The guidance will permit an entity to apply the amendments in the update either (a) prospectively to all awards granted or modified after the effective date or (b) retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented in the consolidated financial statements and to all new or modified awards thereafter. This guidance was effective for the first quarter of fiscal 2017 and did not have any impact on our consolidated financial statements as we currently do not have any share-based payment awards with terms of a performance target that affects vesting and could be achieved after the requisite service period. Recently Issued Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, which amends ASC Topic 606, Revenue from Contracts with Customers. Revenue from Contracts with Customers: Deferral of the Effective Date In July 2015, the FASB issued ASU No. 2015-11, Simplifying the Measurement of Inventory In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), In March 2016, the FASB issued ASU No. 2016-09, "Compensation - Stock Compensation (Topic 718): Improvements to Employee Shares-Based Payment Accounting." ASU 2016-09 is intended to improve the accounting for share-based payment transactions as part of the FASB’s simplification initiative. ASU 2016-09 changes several aspects of the accounting for share-based payment award transactions, including: (1) accounting for income taxes; (2) classification of excess tax benefits on the statement of cash flows; (3) forfeitures; (4) minimum statutory tax withholding requirements; and (5) classification of employee taxes paid on the statement of cash flows when an employer withholds shares for tax-withholding purposes. ASU 2016-09 is effective for fiscal years beginning after December 15, 2016, and interim periods within those years for public companies. We are therefore required to apply this guidance in our fiscal 2018 interim and annual financial statements. We are currently assessing the impact that ASU 2016-09 will have on its consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In October 2016, the FASB issued ASU No. 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Than Inventory, There are no other new accounting pronouncements that are expected to have a significant impact on our consolidated financial statements.

Accounts Receivable (Tables)

Accounts Receivable (Tables)	9 Months Ended
	Jan. 29, 2017
Receivables [Abstract]
Summary of Accounts Receivable	A summary of accounts receivable follows: (dollars in thousands) January 29, 2017 January 31, 2016 May 1, 2016 Customers $ 24,339 $ 28,684 $ 25,531 Allowance for doubtful accounts (397 ) (814 ) (1,088 ) Reserve for returns and allowances and discounts (1,216 ) (1,086 ) (962 ) $ 22,726 $ 26,784 $ 23,481
Summary of the Activity in the Allowance for Doubtful Accounts	A summary of the activity in the allowance for doubtful accounts follows: Nine months ended (dollars in thousands) January 29, 2017 January 31, 2016 Beginning balance $ (1,088 ) $ (851 ) Provision for bad debts 239 (93 ) Net write-offs, net of recoveries 452 130 Ending balance $ (397 ) $ (814 )
Summary of the Activity in the Allowance for Returns and Allowances and Discounts Accounts	A summary of the activity in the allowance for returns and allowances and discounts accounts follows: Nine months ended (dollars in thousands) January 29, 2017 January 31, 2016 Beginning balance $ (962 ) $ (738 ) Provision for returns, allowances and discounts (2,357 ) (2,389 ) Credits issued 2,103 2,041 Ending balance $ (1,216 ) $ (1,086 )

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Jan. 29, 2017
Inventory Disclosure [Abstract]
Summary of Inventories	A summary of inventories follows: (dollars in thousands) January 29, 2017 January 31, 2016 May 1, 2016 Raw materials $ 6,977 $ 6,831 $ 5,462 Work-in-process 3,161 3,365 2,972 Finished goods 36,055 38,289 38,097 $ 46,193 $ 48,485 $ 46,531

Other Assets (Tables)

Other Assets (Tables)	9 Months Ended
	Jan. 29, 2017
Text Block [Abstract]
Summary of Other Assets	A summary of other assets follows: (dollars in thousands) January 29, 2017 January 31, 2016 May 1, 2016 Cash surrender value – life insurance $ 376 $ 357 $ 357 Non-compete agreement, net 847 922 903 Customer relationships, net 677 728 715 Other 517 428 598 $ 2,417 $ 2,435 $ 2,573

Accrued Expenses (Tables)

Accrued Expenses (Tables)	9 Months Ended
	Jan. 29, 2017
Text Block [Abstract]
Summary of Accrued Expenses	A summary of accrued expenses follows: (dollars in thousands) January 29, 2017 January 31, 2016 May 1, 2016 Compensation, commissions and related benefits $ 9,205 $ 8,678 $ 10,011 Advertising rebates 118 2,876 870 Interest 11 - - Other accrued expenses 1,177 1,136 1,041 $ 10,511 $ 12,690 $ 11,922

Fair Value of Financial Instr31

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Jan. 29, 2017
Fair Value Disclosures [Abstract]
Schedule of Assets Measured at Fair Value on a Recurring Basis	The following table presents information about assets measured at fair value on a recurring basis: Fair value measurements at January 29, 2017 using: Quoted prices in active markets for identical assets Significant other observable inputs Significant unobservable inputs (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: U.S. Corporate Bonds $ - $ 30,682 N/A $ 30,682 Premier Money Market Fund 4,888 N/A N/A 4,888 Low Duration Bond Fund 1,073 N/A N/A 1,073 Intermediate Term Bond Fund 739 N/A N/A 739 Strategic Income Fund 598 N/A N/A 598 Large Blend Fund 343 N/A N/A 343 Growth Allocation Fund 113 N/A N/A 113 Moderate Allocation Fund 83 N/A N/A 83 Other 61 N/A N/A 61 Fair value measurements at January 31, 2016 using: Quoted prices in active markets for identical assets Significant other observable inputs Significant unobservable inputs (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 3,071 N/A N/A $ 3,071 Low Duration Bond Fund 1,592 N/A N/A 1,592 Intermediate Term Bond Fund 1,116 N/A N/A 1,116 Strategic Income Fund 957 N/A N/A 957 Limited Term Bond Fund 594 N/A N/A 594 Large Blend Fund 254 N/A N/A 254 Growth Allocation Fund 128 N/A N/A 128 Mid Cap Value Fund 90 N/A N/A 90 Other 47 N/A N/A 47 Fair value measurements at May 1, 2016 using: Quoted prices in active markets for identical assets Significant other observable inputs Significant unobservable inputs (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 3,404 N/A N/A $ 3,404 Low Duration Bond Fund 1,604 N/A N/A 1,604 Intermediate Term Bond Fund 1,154 N/A N/A 1,154 Strategic Income Fund 999 N/A N/A 999 Limited Term Bond Fund 602 N/A N/A 602 Large Blend Fund 289 N/A N/A 289 Growth Allocation Fund 148 N/A N/A 148 Mid Cap Value Fund 102 N/A N/A 102 Other 82 N/A N/A 82

Cash Flow Information (Tables)

Cash Flow Information (Tables)	9 Months Ended
	Jan. 29, 2017
Supplemental Cash Flow Elements [Abstract]
Schedule of Interest and Income Taxes Paid	Interest and income taxes paid are as follows: Nine months ended (dollars in thousands) January 29, 2017 January 31, 2016 Interest $ 110 $ 95 Income taxes 4,704 4,921

Net Income Per Share (Tables)

Net Income Per Share (Tables)	9 Months Ended
	Jan. 29, 2017
Earnings Per Share [Abstract]
Schedule of Weighted Average Shares Used in the Computation of Basic and Diluted Net Income Per Share	Weighted average shares used in the computation of basic and diluted net income per share follows: Three months ended (amounts in thousands) January 29, 2017 January 31, 2016 Weighted average common shares outstanding, basic 12,313 12,331 Dilutive effect of stock-based compensation 231 155 Weighted average common shares outstanding, diluted 12,544 12,486 Nine months ended (amounts in thousands) January 29, 2017 January 31, 2016 Weighted average common shares outstanding, basic 12,302 12,317 Dilutive effect of stock-based compensation 215 171 Weighted average common shares outstanding, diluted 12,517 12,488

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Jan. 29, 2017
Segment Reporting [Abstract]
Schedule of Operating Segments Information	Financial information for the company’s operating segments follows: Three months ended (dollars in thousands) January 29, 2017 January 31, 2016 Net sales: Mattress Fabrics $ 45,920 $ 44,277 Upholstery Fabrics 30,249 34,189 $ 76,169 $ 78,466 Gross profit: Mattress Fabrics $ 9,758 $ 8,751 Upholstery Fabrics 7,001 7,812 $ 16,759 $ 16,563 Selling, general, and administrative expenses: Mattress Fabrics $ 3,391 $ 2,953 Upholstery Fabrics 3,901 3,963 Total segment selling, general, and administrative expenses 7,292 6,916 Unallocated corporate expenses 2,532 2,421 $ 9,824 $ 9,337 Income from operations: Mattress Fabrics $ 6,367 $ 5,798 Upholstery Fabrics 3,100 3,849 Total segment income from operations 9,467 9,647 Unallocated corporate expenses (2,532 ) (2,421 ) Total income from operations 6,935 7,226 Interest income 124 38 Other expense (69 ) (85 ) Income before income taxes $ 6,990 $ 7,179 Nine months ended (dollars in thousands) January 29, 2017 January 31, 2016 Net sales: Mattress Fabrics $ 141,977 $ 137,522 Upholstery Fabrics 90,217 98,085 $ 232,914 $ 235,607 Gross profit: Mattress Fabrics $ 32,414 $ 28,133 Upholstery Fabrics 19,665 20,365 $ 52,079 $ 48,498 Selling, general, and administrative expenses: Mattress Fabrics $ 10,185 $ 8,865 Upholstery Fabrics 11,086 11,372 Total segment selling, general, and administrative expenses 21,271 20,237 Unallocated corporate expenses 7,900 7,275 $ 29,171 $ 27,512 Income from operations: Mattress Fabrics $ 22,229 $ 19,267 Upholstery Fabrics 8,579 8,994 Total segment income from operations 30,808 28,261 Unallocated corporate expenses (7,900 ) (7,275 ) Total income from operations 22,908 20,986 Interest income 164 150 Other expense (376 ) (405 ) Income before income taxes $ 22,696 $ 20,731 Balance sheet information for the company’s operating segments follows: (dollars in thousands) January 29, 2017 January 31, 2016 May 1, 2016 Segment assets: Mattress Fabrics Current assets (1) $ 41,498 $ 44,309 $ 43,472 Non-compete agreement 847 922 903 Customer relationships 677 728 715 Investment in unconsolidated joint venture 600 - - Goodwill 11,462 11,462 11,462 Property, plant and equipment (2) 47,755 35,637 37,480 Total mattress fabrics assets 102,839 93,058 94,032 Upholstery Fabrics Current assets (1) 27,421 30,960 26,540 Property, plant and equipment (3) 1,826 1,590 1,564 Total upholstery fabrics assets 29,247 32,550 28,104 Total segment assets 132,086 125,608 122,136 Non-segment assets: Cash and cash equivalents 15,659 31,713 37,787 Short-term investments 2,410 4,259 4,359 Deferred income taxes 422 4,312 2,319 Income taxes receivable - 23 155 Other current assets 2,514 2,331 2,477 Property, plant and equipment (4) 752 930 929 Long-term investments (Held-to-Maturity) 30,832 - - Long-term investments (Rabbi Trust) 5,488 3,590 4,025 Other assets 893 785 955 Total assets $ 191,056 $ 173,551 $ 175,142 Nine months ended (dollars in thousands) January 29, 2017 January 31, 2016 Capital expenditures (5): Mattress Fabrics $ 14,957 $ 6,215 Upholstery Fabrics 645 481 Unallocated Corporate 72 381 Total capital expenditures $ 15,674 $ 7,077 Depreciation expense: Mattress Fabrics $ 4,673 $ 4,273 Upholstery Fabrics 631 615 Total depreciation expense $ 5,304 $ 4,888 (1) Current assets represent accounts receivable and inventory for the respective segment. (2) The $47.8 million at January 29, 2017, represents property, plant, and equipment of $32.6 million and $15.2 million located in the U.S. and Canada, respectively. The $35.6 million at January 31, 2016, represents property, plant, and equipment of $23.0 million and $12.6 million located in the U.S. and Canada, respectively. The $37.5 million at May 1, 2016, represents property, plant, and equipment of $24.8 million and $12.7 million located in the U.S. and Canada, respectively. (3) The $1.8 million at January 29, 2017, represents property, plant, and equipment of $1.1 million and $711 located in the U.S. and China, respectively. The $1.6 million at January 31, 2016, represents property, plant, and equipment of $860 and $730 located in the U.S. and China, respectively. The $1.6 million at May 1, 2016, represents property, plant, and equipment of $893 and $671 located in the U.S. and China, respectively. (4) The $752, $930, and $929 at January 29, 2017, January 31, 2016 and May 1, 2016, respectively, represent property, plant, and equipment associated with unallocated corporate departments and corporate departments shared by both the mattress and upholstery fabric segments. Property, plant, and equipment associated with corporate are located in the U.S. (5) 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)	9 Months Ended
	Jan. 29, 2017
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 factors that are attributable to the difference between income tax expense at the federal income tax rate and the effective income tax rate reflected in the consolidated financial statements: 2017 2016 Federal income tax rate 34.0 % 34.0 % Tax effects of Chinese foreign exchange gains 1.9 3.5 Reversal of foreign uncertain tax position (9.1 ) - U.S state income tax expense 0.6 0.7 Other 1.5 (2.5 ) 28.9 % 35.7 %

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Detail) - USD ($)

Oct. 03, 2016

Jul. 14, 2016

Oct. 01, 2015

Jul. 15, 2015

Mar. 03, 2015

Jun. 24, 2014

Jun. 25, 2013

Jul. 11, 2012

Jan. 29, 2017

Jul. 31, 2016

Aug. 02, 2015

Jan. 29, 2017

Jan. 31, 2016

Sep. 16, 2015

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of options granted

0

0

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

959,942

959,942

2007 Equity Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of shares available for future equity based grants

0

Performance Based Restricted Stock Units [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Remaining unrecognized compensation cost

$ 4,800,000

$ 4,800,000

Weighted average period over which unrecognized compensation cost is expected to be recognized

1 year 10 months 24 days

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

$ 2,500,000

$ 1,900,000

Performance Based Restricted Stock Units [Member] | Employee [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting period

3 years

3 years

3 years

3 years

3 years

Closing price of common stock

$ 28

$ 32.23

$ 17.70

$ 17.12

$ 10.21

Performance Based Restricted Stock Units [Member] | Non-employee [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting period

3 years

3 years

Closing price of common stock

$ 33.80

Number of shares unvested

16,000

16,000

Performance Based Restricted Stock Units [Member] | Requisite Service Period for 16,000 Restricted Stock Units [Member] | Non-employee [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting period

28 months

Performance Based Restricted Stock Units [Member] | Fiscal Year 2015 [Member] | Non-employee [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of shares vested

12,000

Weighted average fair value of vested shares

$ 345,000

Weighted average fair value of vested shares, per share

$ 28.77

Performance Based Restricted Stock Units [Member] | Fiscal Year 2014 [Member] | Employee [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of shares vested

37,192

Weighted average fair value of vested shares

$ 637,000

Weighted average fair value of vested shares, per share

$ 17.12

Performance Based Restricted Stock Units [Member] | Fiscal Year 2013 [Member] | Employee [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of shares vested

115,855

Weighted average fair value of vested shares

$ 1,200,000

Weighted average fair value of vested shares, per share

$ 10.21

Performance Based Restricted Stock Units [Member] | Maximum [Member] | Employee [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Maximum number of shares granted

107,880

107,554

102,845

72,380

120,000

Performance Based Restricted Stock Units [Member] | Maximum [Member] | Non-employee [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Maximum number of shares granted

11,549

10,364

28,000

Incentive Stock Option Awards [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of options to purchase common stock outstanding

78,600

78,600

Number of options exercisable

78,600

78,600

Weighted average exercise price for options outstanding

$ 8.43

$ 8.43

Weighted average exercise price for options exercisable

$ 8.43

$ 8.43

Weighted average contractual term for options outstanding

7 months 6 days

Weighted average contractual term for options exercisable

7 months 6 days

Aggregate intrinsic value for options outstanding

$ 2,000,000

$ 2,000,000

Aggregate intrinsic value for options exercisable

$ 2,000,000

2,000,000

Aggregate intrinsic value for options exercised

$ 128,000

1,000,000

Number of unvested stock option

0

0

Unrecognized stock based compensation cost

$ 0

$ 0

Share-based compensation expense

0

0

Common Stock Awards [Member] | Selling, General and Administrative Expenses [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based compensation expense

$ 143,000

95,000

Common Stock Awards [Member] | Outside Directors [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Maximum number of shares granted

4,800

3,000

Vesting period

0 days

0 days

Closing price of common stock

$ 29.80

$ 31.77

Time Vested Restricted Stock Units [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based compensation expense

$ 0

Vesting period

4 months 15 days

Unrecognized stock based compensation cost

$ 14,000

$ 14,000

Time Vested 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

$ 20,000

Time Vested Restricted Stock Units [Member] | Employee [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Maximum number of shares granted

1,200

0

Vesting period

11 months

Closing price of common stock

$ 28

Accounts Receivable (Detail)

Accounts Receivable (Detail) - USD ($) $ in Thousands	Jan. 29, 2017	May 01, 2016		Jan. 31, 2016	May 03, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customers	$ 24,339	$ 25,531		$ 28,684
Accounts receivable, net	22,726	23,481	[1]	26,784
Allowance for doubtful accounts [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Valuation allowance, balance	(397)	(1,088)		(814)	$ (851)
Reserve for returns and allowances and discounts [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Valuation allowance, balance	$ (1,216)	$ (962)		$ (1,086)	$ (738)
[1]	Derived from audited financial statements.

Accounts Receivable - Allowance

Accounts Receivable - Allowance for Doubtful Accounts (Detail) - Allowance for doubtful accounts [Member] - USD ($) $ in Thousands	9 Months Ended
	Jan. 29, 2017	Jan. 31, 2016
Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning balance	$ (1,088)	$ (851)
Provision for bad debts	239	(93)
Net write-offs, net of recoveries	452	130
Ending balance	$ (397)	$ (814)

Accounts Receivable - Allowan39

Accounts Receivable - Allowance for Returns and Allowances and Discounts Accounts (Detail) - Reserve for returns and allowances and discounts [Member] - USD ($) $ in Thousands	9 Months Ended
	Jan. 29, 2017	Jan. 31, 2016
Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning balance	$ (962)	$ (738)
Provision for returns, allowances and discounts	(2,357)	(2,389)
Credits issued	2,103	2,041
Ending balance	$ (1,216)	$ (1,086)

Inventories (Detail)

Inventories (Detail) - USD ($) $ in Thousands	Jan. 29, 2017	May 01, 2016		Jan. 31, 2016
Inventory Disclosure [Abstract]
Raw materials	$ 6,977	$ 5,462		$ 6,831
Work-in-process	3,161	2,972		3,365
Finished goods	36,055	38,097		38,289
Inventories	$ 46,193	$ 46,531	[1]	$ 48,485
[1]	Derived from audited financial statements.

Other Assets (Detail)

Other Assets (Detail) - USD ($) $ in Thousands	Jan. 29, 2017	May 01, 2016		Jan. 31, 2016
Other Assets, Noncurrent [Abstract]
Cash surrender value - life insurance	$ 376	$ 357		$ 357
Non-compete agreement, net	847	903		922
Customer relationships, net	677	715		728
Other	517	598		428
Other assets	$ 2,417	$ 2,573	[1]	$ 2,435
[1]	Derived from audited financial statements.

Other Assets - Narrative (Detai

Other Assets - Narrative (Detail)	9 Months Ended
	Jan. 29, 2017USD ($)Contract	Jan. 31, 2016USD ($)Contract	May 01, 2016USD ($)Contract
Other Assets [Line Items]
Gross carrying amount of non-compete agreement	$ 2,000,000	$ 2,000,000	$ 2,000,000
Gross carrying amount of customer relationships	$ 868,000	$ 868,000	$ 868,000
Number of life insurance contracts owned | Contract	1	1	1
Life insurance contracts, death benefits to insured	$ 1,400,000	$ 1,400,000	$ 1,400,000
Life insurance contracts, cash surrender value	$ 376,000	357,000	357,000
Non-compete Agreement [Member]
Other Assets [Line Items]
Useful life	15 years
Accumulated amortization	$ 1,200,000	1,100,000	1,100,000
Amortization expense	56,000	56,000
Remaining amortization expense for the fiscal year	18,000
Remaining amortization expense for the second fiscal year	75,000
Remaining amortization expense for the third fiscal year	75,000
Remaining amortization expense for the fourth fiscal year	75,000
Remaining amortization expense for the fifth fiscal year	75,000
Remaining amortization expense for the fiscal year thereafter	$ 529,000
Weighted average remaining amortization period	11 years 3 months 18 days
Customer Relationships [Member]
Other Assets [Line Items]
Useful life	17 years
Accumulated amortization	$ 191,000	140,000	$ 153,000
Amortization expense	38,000	$ 38,000
Remaining amortization expense for the fiscal year	13,000
Remaining amortization expense for the second fiscal year	51,000
Remaining amortization expense for the third fiscal year	51,000
Remaining amortization expense for the fourth fiscal year	51,000
Remaining amortization expense for the fifth fiscal year	51,000
Remaining amortization expense for the fiscal year thereafter	$ 460,000
Weighted average remaining amortization period	13 years 3 months 18 days

Accrued Expenses (Detail)

Accrued Expenses (Detail) - USD ($) $ in Thousands	Jan. 29, 2017	May 01, 2016		Jan. 31, 2016
Payables and Accruals [Abstract]
Compensation, commissions and related benefits	$ 9,205	$ 10,011		$ 8,678
Advertising rebates	118	870		2,876
Interest	11
Other accrued expenses	1,177	1,041		1,136
Accrued expenses	$ 10,511	$ 11,922	[1]	$ 12,690
[1]	Derived from audited financial statements.

Lines of Credit - Narrative (De

Lines of Credit - Narrative (Detail)	9 Months Ended
	Jan. 29, 2017USD ($)	May 15, 2018USD ($)	Feb. 01, 2018USD ($)	Nov. 01, 2017USD ($)	Aug. 01, 2017USD ($)	Jan. 29, 2017CNY (¥)	Aug. 03, 2016USD ($)	Aug. 01, 2016USD ($)	May 01, 2016USD ($)	Jan. 31, 2016USD ($)
United States [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 30,000,000
Interest rate description	Interest was charged at a rate as a variable spread over LIBOR based on our ratio of debt to EBITDA.
Applicable interest rate at end of period	2.23%					2.23%
Expiration date	Aug. 15, 2018
Reference rate on which the interest rate is based	LIBOR
Percentage of common stock in subsidiary pledge as collateral	65.00%
Outstanding amount	$ 0								$ 0	$ 0
Letters of credit, outstanding amount	250,000								250,000	250,000
China [Member] | Revolving credit agreement [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 5,800,000					¥ 40,000,000
Interest rate description	This agreement has an interest rate determined by the Chinese government
Expiration date	Feb. 15, 2018
Outstanding amount	$ 0					¥ 0			$ 0	$ 0
Third Amendment to Credit Agreement [Member] | United States [Member]
Line of Credit Facility [Line Items]
Maximum amount of letters of credit								$ 7,500,000
Letters of credit outstanding, additional amount							$ 5,000,000
Third Amendment to Credit Agreement [Member] | United States [Member] | Scenario, Forecast [Member]
Line of Credit Facility [Line Items]
Amount of the required periodic reduction applied to principal		$ 1,250,000	$ 1,250,000	$ 1,250,000	$ 1,250,000

Fair Value of Financial Instr45

Fair Value of Financial Instruments - Recurring Basis (Detail) - USD ($) $ in Thousands	Jan. 29, 2017	May 01, 2016	Jan. 31, 2016
U.S. Corporate Bonds [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	$ 30,682
U.S. Corporate Bonds [Member] | Significant other observable inputs - Level 2 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	30,682
Premier Money Market Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	4,888	$ 3,404	$ 3,071
Premier Money Market Fund [Member] | Quoted prices in active markets for identical assets - Level 1 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	4,888	3,404	3,071
Low Duration Bond Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	1,073	1,604	1,592
Low Duration Bond Fund [Member] | Quoted prices in active markets for identical assets - Level 1 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	1,073	1,604	1,592
Intermediate Term Bond Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	739	1,154	1,116
Intermediate Term Bond Fund [Member] | Quoted prices in active markets for identical assets - Level 1 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	739	1,154	1,116
Strategic Income Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	598	999	957
Strategic Income Fund [Member] | Quoted prices in active markets for identical assets - Level 1 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	598	999	957
Limited Term Bond Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis		602	594
Limited Term Bond Fund [Member] | Quoted prices in active markets for identical assets - Level 1 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis		602	594
Large Blend Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	343	289	254
Large Blend Fund [Member] | Quoted prices in active markets for identical assets - Level 1 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	343	289	254
Growth Allocation Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	113	148	128
Growth Allocation Fund [Member] | Quoted prices in active markets for identical assets - Level 1 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	113	148	128
Mid Cap Value Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis		102	90
Mid Cap Value Fund [Member] | Quoted prices in active markets for identical assets - Level 1 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis		102	90
Other [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	61	82	47
Other [Member] | Quoted prices in active markets for identical assets - Level 1 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	61	$ 82	$ 47
Moderate Allocation Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	83
Moderate Allocation Fund [Member] | Quoted prices in active markets for identical assets - Level 1 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	$ 83

Fair Value of Financial Instr46

Fair Value of Financial Instruments - Narrative (Detail) - USD ($)	3 Months Ended
	Oct. 30, 2016	Jan. 29, 2017	May 01, 2016		Jan. 31, 2016
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments		$ 2,410,000	$ 4,359,000	[1]	$ 4,259,000
Held to maturity investments	$ 31,000,000	30,832,000
Long-term investments (Rabbi Trust)		5,488,000	4,025,000	[1]	3,590,000
Minimum [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term investments, maturity period	2 years
Maximum [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term investments, maturity period	2 years 6 months
Short-term Investments [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accumulated unrealized gain (loss) on long-term investments		68,000	100,000		181,000
U.S. Corporate Bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Held to maturity investments		30,800,000
Held to maturity investments, fair value		30,700,000
Long-term investments (Rabbi Trust) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accumulated unrealized gain (loss) on long-term investments		$ 11,000	$ (44,000)		$ (99,000)
[1]	Derived from audited financial statements.

Cash Flow Information - Interes

Cash Flow Information - Interest and Income Taxes Paid (Detail) - USD ($) $ in Thousands	9 Months Ended
	Jan. 29, 2017	Jan. 31, 2016
Supplemental Cash Flow Elements [Abstract]
Interest	$ 110	$ 95
Income taxes	$ 4,704	$ 4,921

Cash Flow Information - Narrati

Cash Flow Information - Narrative (Detail) - USD ($)	9 Months Ended
	Jan. 29, 2017	Jan. 31, 2016
Supplemental Cash Flow Elements [Abstract]
Interest costs	$ 97,000	$ 58,000
Interest cost capitalized	$ 97,000	$ 58,000

Net Income Per Share - Weighted

Net Income Per Share - Weighted Average Shares (Detail) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Jan. 29, 2017	Jan. 31, 2016	Jan. 29, 2017	Jan. 31, 2016
Earnings Per Share [Abstract]
Weighted average common shares outstanding, basic	12,313	12,331	12,302	12,317
Dilutive effect of stock-based compensation	231	155	215	171
Weighted average common shares outstanding, diluted	12,544	12,486	12,517	12,488

Segment Information - Narrative

Segment Information - Narrative (Detail)	9 Months Ended
	Jan. 29, 2017Segment
Segment Reporting [Abstract]
Number of business segments	2

Segment Information - Financial

Segment Information - Financial Information for Operating Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 29, 2017	Jan. 31, 2016	Jan. 29, 2017	Jan. 31, 2016
Segment Reporting Information [Line Items]
Net sales	$ 76,169	$ 78,466	$ 232,194	$ 235,607
Gross profit	16,759	16,563	52,079	48,498
Selling, general, and administrative expenses	9,824	9,337	29,171	27,512
income from operations	6,935	7,226	22,908	20,986
Interest income	124	38	164	150
Other expense	(69)	(85)	(376)	(405)
Income before income taxes	6,990	7,179	22,696	20,731
Operating Segments [Member]
Segment Reporting Information [Line Items]
Selling, general, and administrative expenses	7,292	6,916	21,271	20,237
income from operations	9,467	9,647	30,808	28,261
Operating Segments [Member] | Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Net sales	45,920	44,277	141,977	137,522
Gross profit	9,758	8,751	32,414	28,133
Selling, general, and administrative expenses	3,391	2,953	10,185	8,865
income from operations	6,367	5,798	22,229	19,267
Operating Segments [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Net sales	30,249	34,189	90,217	98,085
Gross profit	7,001	7,812	19,665	20,365
Selling, general, and administrative expenses	3,901	3,963	11,086	11,372
income from operations	3,100	3,849	8,579	8,994
Unallocated corporate [Member]
Segment Reporting Information [Line Items]
Selling, general, and administrative expenses	2,532	2,421	7,900	7,275
income from operations	$ (2,532)	$ (2,421)	$ (7,900)	$ (7,275)

Segment Information - Balance S

Segment Information - Balance Sheet Information by Operating Segments (Detail) - USD ($) $ in Thousands		9 Months Ended
		Jan. 29, 2017	Jan. 31, 2016	Oct. 30, 2016	May 01, 2016		May 03, 2015
Segment Reporting Information [Line Items]
Non-compete agreement		$ 847	$ 922		$ 903
Customer relationships		677	728		715
Investment in unconsolidated joint venture		600
Goodwill		11,462	11,462		11,462	[1]
Property, plant and equipment		50,333	38,157		39,973	[1]
Total assets		191,056	173,551		175,142	[1]
Cash and cash equivalents		15,659	31,713		37,787	[1]	$ 29,725
Short-term investments		2,410	4,259		4,359	[1]
Deferred income taxes		422	4,312		2,319	[1]
Income taxes receivable			23		155	[1]
Other current assets		2,514	2,331		2,477	[1]
Long-term investments (Held-to-Maturity)		30,832		$ 31,000
Long-term investments (Rabbi Trust)		5,488	3,590		4,025	[1]
Other assets		2,417	2,435		2,573	[1]
Capital expenditures	[2]	15,674	7,077
Depreciation expense		5,304	4,888
Unallocated corporate [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	[3]	752	930		929
Cash and cash equivalents		15,659	31,713		37,787
Short-term investments		2,410	4,259		4,359
Deferred income taxes		422	4,312		2,319
Income taxes receivable			23		155
Other current assets		2,514	2,331		2,477
Long-term investments (Held-to-Maturity)		30,832
Long-term investments (Rabbi Trust)		5,488	3,590		4,025
Other assets		893	785		955
Capital expenditures		72	381
Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets		132,086	125,608		122,136
Operating Segments [Member] | Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Current assets	[4]	41,498	44,309		43,472
Non-compete agreement		847	922		903
Customer relationships		677	728		715
Investment in unconsolidated joint venture		600
Goodwill		11,462	11,462		11,462
Property, plant and equipment	[5]	47,755	35,637		37,480
Total assets		102,839	93,058		94,032
Capital expenditures		14,957	6,215
Depreciation expense		4,673	4,273
Operating Segments [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Current assets	[4]	27,421	30,960		26,540
Property, plant and equipment	[6]	1,826	1,590		1,564
Total assets		29,247	32,550		$ 28,104
Capital expenditures		645	481
Depreciation expense		$ 631	$ 615
[1]	Derived from audited financial statements.
[2]	Capital expenditure amounts are stated on the accrual basis. See Consolidated Statements of Cash Flows for capital expenditure amounts on a cash basis.
[3]	The $752, $930, and $929 at January 29, 2017, January 31, 2016 and May 1, 2016, respectively, represent property, plant, and equipment associated with unallocated corporate departments and corporate departments shared by both the mattress and upholstery fabric segments. Property, plant, and equipment associated with corporate are located in the U.S.
[4]	Current assets represent accounts receivable and inventory for the respective segment.
[5]	The $47.8 million at January 29, 2017, represents property, plant, and equipment of $32.6 million and $15.2 million located in the U.S. and Canada, respectively. The $35.6 million at January 31, 2016, represents property, plant, and equipment of $23.0 million and $12.6 million located in the U.S. and Canada, respectively. The $37.5 million at May 1, 2016, represents property, plant, and equipment of $24.8 million and $12.7 million located in the U.S. and Canada, respectively.
[6]	The $1.8 million at January 29, 2017, represents property, plant, and equipment of $1.1 million and $711 located in the U.S. and China, respectively. The $1.6 million at January 31, 2016, represents property, plant, and equipment of $860 and $730 located in the U.S. and China, respectively. The $1.6 million at May 1, 2016, represents property, plant, and equipment of $893 and $671 located in the U.S. and China, respectively.

Segment Information - Balance53

Segment Information - Balance Sheet Information by Operating Segments (Parenthetical) (Detail) - USD ($) $ in Thousands		Jan. 29, 2017	May 01, 2016		Jan. 31, 2016
Segment Reporting Information [Line Items]
Property, plant and equipment		$ 50,333	$ 39,973	[1]	$ 38,157
United States [Member] | Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		32,600	24,800		23,000
United States [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		1,100	893		860
Canada [Member] | Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		15,200	12,700		12,600
China [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		711	671		730
Unallocated corporate [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	[2]	$ 752	$ 929		$ 930
[1]	Derived from audited financial statements.
[2]	The $752, $930, and $929 at January 29, 2017, January 31, 2016 and May 1, 2016, respectively, represent property, plant, and equipment associated with unallocated corporate departments and corporate departments shared by both the mattress and upholstery fabric segments. Property, plant, and equipment associated with corporate are located in the U.S.

Income Taxes - Effective Income

Income Taxes - Effective Income Tax Rate - Narrative (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 29, 2017	Jan. 31, 2016	Jan. 29, 2017	Jan. 31, 2016
Income Tax Disclosure [Abstract]
Income taxes	$ 643	$ 2,317	$ 6,560	$ 7,398
Effective income tax rate			28.90%	35.70%

Income Taxes - Differences Betw

Income Taxes - Differences Between Income Tax Expense at Federal Income Tax Rate and Effective Income Tax Rate (Detail)	9 Months Ended
	Jan. 29, 2017	Jan. 31, 2016
Income Tax Disclosure [Abstract]
Federal income tax rate	34.00%	34.00%
Tax effects of Chinese foreign exchange gains	1.90%	3.50%
Reversal of foreign uncertain tax position	(9.10%)
U.S state income tax expense	0.60%	0.70%
Other	1.50%	(2.50%)
Effective income tax rate	28.90%	35.70%

Income Taxes - Deferred Income

Income Taxes - Deferred Income Taxes - Valuation Allowance - Narrative (Detail) - USD ($)	Jan. 29, 2017	May 01, 2016	Jan. 31, 2016
U.S. Tax Authorities and Poland Tax Authorities [Member] | Valuation Allowance, Operating Loss Carryforwards [Member]
Income Taxes [Line Items]
Valuation allowance	$ 557,000	$ 590,000	$ 874,000
U.S. State Tax [Member] | Valuation Allowance, Operating Loss Carryforwards [Member]
Income Taxes [Line Items]
Valuation allowance	473,000	518,000	498,000
Poland [Member] | Valuation Allowance, Operating Loss Carryforwards [Member] | Culp Europe [Member]
Income Taxes [Line Items]
Valuation allowance	84,000	72,000	376,000
Canada and China [Member]
Income Taxes [Line Items]
Valuation allowance	$ 0	$ 0	$ 0

Income Taxes - Deferred Incom57

Income Taxes - Deferred Income Taxes - Undistributed Earnings - Narrative (Detail) - USD ($)	9 Months Ended		12 Months Ended
	Jan. 29, 2017	Jan. 31, 2016	May 01, 2016
Income Tax Disclosure [Abstract]
Undistributed earnings from our foreign subsidiaries that will not be reinvested indefinitely	$ 143,200,000	$ 100,900,000	$ 129,600,000
Deferred tax liability, undistributed earnings from foreign subsidiaries	405,000	3,300,000	604,000
U.S. income and foreign withholding taxes	42,500,000	37,300,000	38,500,000
U.S. foreign income tax credits	$ 42,100,000	$ 34,000,000	$ 37,900,000

Income Taxes - Deferred Incom58

Income Taxes - Deferred Income Taxes - Narrative (Detail) - USD ($) $ in Thousands	Jan. 29, 2017	May 01, 2016		Jan. 31, 2016
Income Taxes [Line Items]
Non-current deferred tax asset	$ 422	$ 2,319	[1]	$ 4,312
Non-current deferred tax liability	2,924	1,483	[1]	1,209
U.S. Tax Authorities [Member]
Income Taxes [Line Items]
Non-current deferred tax asset		1,700		3,500
Non-current deferred tax liability	1,200
China [Member]
Income Taxes [Line Items]
Non-current deferred tax asset	422	572		773
Canada [Member]
Income Taxes [Line Items]
Non-current deferred tax liability	$ 1,700	$ 1,500		$ 1,200
[1]	Derived from audited financial statements.

Income Taxes - Uncertainty in I

Income Taxes - Uncertainty in Income Taxes - Narrative (Detail) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Jan. 29, 2017	Jan. 29, 2017	May 01, 2016	Jan. 31, 2016
Income Taxes [Line Items]
Unrecognized tax benefits	$ 13.4	$ 13.4	$ 14.9	$ 13.2
Unrecognized tax benefits that would favorably impact effective income tax rate if recognized	1.8	1.8	3.8	3.5
Unrecognized tax benefits for which significant change is reasonably possible	13.4	13.4
Income tax benefit recognized from reversal of uncertain income tax position	2.1	$ 2.1
Canadian Federal Returns [Member] | Minimum [Member]
Income Taxes [Line Items]
Income tax returns, years subject to examination		2,010
Canadian Provincial (Quebec) Returns [Member]
Income Taxes [Line Items]
Statute of limitations for 2009 income tax, expiration month and year		2017-04
Canadian Provincial (Quebec) Returns [Member] | Minimum [Member]
Income Taxes [Line Items]
Income tax returns, years subject to examination		2,009
Income tax examination, year under examination		2,013
Canadian Provincial (Quebec) Returns [Member] | Maximum [Member]
Income Taxes [Line Items]
Income tax examination, year under examination		2,015
China Income Tax Returns [Member] | Minimum [Member]
Income Taxes [Line Items]
Income tax returns, years subject to examination		2,011
Internal Revenue Service (IRS) [Member]
Income Taxes [Line Items]
Income tax examination, year under examination		2,014
United States Federal and State Income Tax [Member] | Minimum [Member]
Income Taxes [Line Items]
Income tax returns, years subject to examination		2,005
Non-current Deferred Income Taxes [Member]
Income Taxes [Line Items]
Unrecognized tax benefits	11.6	$ 11.6	11.1	9.7
Income Taxes Payable - Long-Term [Member]
Income Taxes [Line Items]
Unrecognized tax benefits	$ 1.8	$ 1.8	$ 3.8	$ 3.5

Statutory Reserves (Detail)

Statutory Reserves (Detail) - Subsidiaries [Member] - China [Member] $ in Millions	9 Months Ended
	Jan. 29, 2017USD ($)
Statutory Reserve [Line Items]
Percentage of net income required to be transferred to a statutory surplus reserve fund	10.00%
Maximum required percentage of statutory surplus reserve fund to registered capital	50.00%
Statutory surplus reserve fund balance	$ 4.5
Percentage of accumulated earnings and profits determined in accordance with PRC accounting rules and regulations	10.00%
Minimum threshold percentage for statutory surplus reserve fund as percentage of registered capital, below which certain capital transactions are prohibited	25.00%

Commitments and Contingencies (

Commitments and Contingencies (Detail) - Mattress Fabrics [Member] - Capital Addition Purchase Commitments [Member] - USD ($)	May 16, 2016	Jan. 29, 2017	May 01, 2016	Jan. 31, 2016
Commitments and Contingencies Disclosure [Line Items]
Open purchase commitments		$ 8,200,000	$ 10,600,000	$ 977,000
Buildings and Improvements [Member]
Commitments and Contingencies Disclosure [Line Items]
Open purchase commitments		4,900,000	$ 9,300,000
Open purchase commitments, completed work		4,500,000
Contractual obligation	$ 11,100,000	4,900,000
Contractual Obligation due in fiscal 2016	1,900,000
Contractual obligation due in fiscal 2017	4,300,000
Contractual obligation due in fiscal 2018	3,800,000	3,800,000
Contractual obligation due in fiscal 2019	1,100,000	$ 1,100,000
Buildings and Improvements [Member] | London Interbank Offered Rate (LIBOR) [Member]
Commitments and Contingencies Disclosure [Line Items]
Percentage rate added to variable rate		2.25%
Variable interest rate		30 day LIBOR rate
Buildings and Improvements [Member] | Letter of Credit [Member]
Commitments and Contingencies Disclosure [Line Items]
Letter of credit	$ 5,000,000
Unused fee calculated on letter of credit	0.10%

Investment in Unconsolidated 62

Investment in Unconsolidated Joint Venture - Additional Information (Detail)	Jan. 01, 2017
Equity Method Investments and Joint Ventures [Abstract]
Equity method investment, ownership percentage	50.00%

Common Stock Repurchase Progr63

Common Stock Repurchase Program (Detail) - Common Stock - USD ($)	9 Months Ended		12 Months Ended
	Jan. 29, 2017	Jan. 31, 2016	May 01, 2016	Jun. 15, 2016
Stockholders Equity Note [Line Items]
Common stock repurchased			100,776
Common Stock Repurchase Program June 15, 2016 [Member]
Stockholders Equity Note [Line Items]
Authorization amount for repurchase of common stock				$ 5,000,000
Common stock repurchased	0	0
Remaining authorized repurchase amount	$ 5,000,000

Dividend Program (Detail)

Dividend Program (Detail) - USD ($) $ / shares in Units, $ in Thousands	Feb. 28, 2017	Jan. 29, 2017	Jan. 31, 2016
Dividends [Line Items]
Cash dividends paid		$ 5,292	$ 7,281
Special Dividend [Member]
Dividends [Line Items]
Cash dividends paid		$ 2,600	$ 5,000
Cash dividend payment, per share		$ 0.21	$ 0.40
Quarterly Dividend [Member]
Dividends [Line Items]
Cash dividends paid		$ 2,700	$ 2,300
Quarterly Dividend [Member] | Minimum [Member]
Dividends [Line Items]
Cash dividend payment, per share		$ 0.07	$ 0.06
Quarterly Dividend [Member] | Maximum [Member]
Dividends [Line Items]
Cash dividend payment, per share		$ 0.08	$ 0.07
Subsequent Event [Member] | Quarterly Dividend [Member]
Dividends [Line Items]
Cash dividend declared, per share	$ 0.08
Cash dividend declared, payment date	Apr. 17, 2017
Cash dividend declared, date of record	Apr. 3, 2017