Culp (CULP) 10-Q9 Mar 182018 Q3 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information	9 Months Ended
Document and Entity Information	Jan. 28, 2018shares
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jan. 28, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Trading Symbol	CULP
Entity Registrant Name	CULP INC
Entity Central Index Key	723,603
Current Fiscal Year End Date	--04-29
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding	12,450,276

CONSOLIDATED STATEMENTS OF NET

CONSOLIDATED STATEMENTS OF NET (LOSS) INCOME (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 28, 2018	Jan. 29, 2017	Jan. 28, 2018	Jan. 29, 2017
Income Statement [Abstract]
Net sales	$ 85,310	$ 76,169	$ 245,541	$ 232,194
Cost of sales	67,707	59,410	195,668	180,115
Gross profit	17,603	16,759	49,873	52,079
Selling, general and administrative expenses	9,959	9,824	28,876	29,171
Income from operations	7,644	6,935	20,997	22,908
Interest expense	31		69
Interest income	(132)	(124)	(391)	(164)
Other expense	229	69	903	376
Income before income taxes	7,516	6,990	20,416	22,696
Income taxes	8,208	643	11,956	6,560
Loss from investment in unconsolidated joint venture	56		249
Net (loss) income	$ (748)	$ 6,347	$ 8,211	$ 16,136
Net (loss) income per share, basic	$ (0.06)	$ 0.52	$ 0.66	$ 1.31
Net (loss) income per share, diluted	$ (0.06)	$ 0.51	$ 0.65	$ 1.29
Average shares outstanding, basic	12,436	12,313	12,425	12,302
Average shares outstanding, diluted	12,436	12,544	12,626	12,517

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 28, 2018	Jan. 29, 2017	Jan. 28, 2018	Jan. 29, 2017
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (748)	$ 6,347	$ 8,211	$ 16,136
Unrealized holding (loss) gains on investments
Unrealized holding (loss) gains on investments	(4)	(13)	60	75
Reclassification adjustment for realized loss included in net income				12
Total other comprehensive (loss) income	(4)	(13)	60	87
Comprehensive (loss) income	$ (752)	$ 6,334	$ 8,271	$ 16,223

CONSOLIDATED BALANCE SHEETS (UN

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Jan. 28, 2018	Apr. 30, 2017	[1]	Jan. 29, 2017
Current assets:
Cash and cash equivalents	$ 22,428	$ 20,795		$ 15,659
Short-term investments - Available for Sale	2,472	2,443		2,410
Short-term investments - Held-To-Maturity	17,206
Accounts receivable, net	26,097	24,577		22,726
Inventories	55,651	51,482		46,193
Other current assets	3,114	2,894		2,514
Total current assets	126,968	102,191		89,502
Property, plant and equipment, net	51,838	51,651		50,333
Goodwill	11,462	11,462		11,462
Deferred income taxes	1,942	419		422
Long-term investments - Held-To-Maturity	13,625	30,945		30,832
Long-term investments - Rabbi Trust	7,176	5,466		5,488
Investment in unconsolidated joint venture	1,518	1,106		600
Other assets	2,315	2,394		2,417
Total assets	216,844	205,634		191,056
Current liabilities:
Accounts payable-trade	32,434	29,101		22,352
Accounts payable - capital expenditures	1,554	4,767		4,886
Accrued expenses	8,842	11,947		10,511
Income taxes payable - current	1,580	287		217
Total current liabilities	44,410	46,102		37,966
Accounts payable - capital expenditures		1,322		708
Income taxes payable - long-term	10,940	467		1,817
Deferred income taxes	2,096	3,593		2,924
Deferred compensation	7,216	5,520		5,327
Total liabilities	64,662	57,004		48,742
Commitments and Contingencies (Note 15)
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 12,450,276 at January 28, 2018; 12,314,756 at January 29, 2017; and 12,356,631 at April 30, 2017	623	618		615
Capital contributed in excess of par value	48,413	47,415		46,365
Accumulated earnings	103,090	100,601		95,391
Accumulated other comprehensive income (loss)	56	(4)		(57)
Total shareholders' equity	152,182	148,630		142,314
Total liabilities and shareholders' equity	$ 216,844	$ 205,634		$ 191,056

[1]	Derived from audited financial statements.

CONSOLIDATED BALANCE SHEETS (U5

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - $ / shares	Jan. 28, 2018	Apr. 30, 2017	[1]	Jan. 29, 2017
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	12,450,276	12,356,631		12,314,756
Common stock, outstanding	12,450,276	12,356,631		12,314,756

[1]	Derived from audited financial statements.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Jan. 28, 2018		Jan. 29, 2017
Cash flows from operating activities:
Net income	$ 8,211		$ 16,136
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	5,679		5,304
Amortization of assets	248		162
Stock-based compensation	2,422		2,619
Deferred income taxes	(3,020)		3,533
Realized loss on sale of short-term investments (Available for Sale)			12
Gain on sale of equipment			(71)
Loss from investment in unconsolidated joint venture	249
Foreign currency exchange loss (gain)	133		(18)
Changes in assets and liabilities:
Accounts receivable	(923)		340
Inventories	(3,275)		(137)
Other current assets	(27)		90
Other assets	(37)		51
Accounts payable - trade	1,715		(946)
Accrued expenses and deferred compensation	(1,608)		(668)
Income taxes	11,702		(1,695)
Net cash provided by operating activities	21,469		24,712
Cash flows from investing activities:
Capital expenditures	(6,657)		(9,253)
Investment in unconsolidated joint venture	(661)		(600)
Proceeds from the sale of equipment	6		80
Proceeds from the sale of short-term investments (Available for Sale)			2,000
Purchase of short-term investments (Available for Sale)	(37)		(8)
Purchase of long-term investments (Held-To-Maturity)			(31,050)
Proceeds from the sale of long-term investments (Rabbi Trust)	57
Purchase of long-term investments (Rabbi Trust)	(1,699)		(1,431)
Premium payment on life insurance policy	(18)		(18)
Net cash used in investing activities	(9,009)		(40,280)
Cash flows from financing activities:
Proceeds from line of credit	10,000		7,000
Payments on line of credit	(10,000)		(7,000)
Payments on vendor-financed capital expenditures	(3,750)		(1,050)
Dividends paid	(5,722)		(5,292)
Common stock surrendered for withholding taxes payable	(1,530)		(280)
Payments on debt issuance costs			(2)
Proceeds from common stock issued	111		37
Net cash used in financing activities	(10,891)		(6,587)
Effect of exchange rate changes on cash and cash equivalents	64		27
Decrease in cash and cash equivalents	1,633		(22,128)
Cash and cash equivalents at beginning of period	20,795	[1]	37,787
Cash and cash equivalents at end of period	$ 22,428		$ 15,659

[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) Income
Balance at May. 01, 2016		$ 128,812	$ 614	$ 43,795	$ 84,547	$ (144)
Balance (in shares) at May. 01, 2016			12,265,489
Net income		16,136
Unrealized gain on investments		87
Balance at Jan. 29, 2017		142,314
Balance at May. 01, 2016		128,812	$ 614	43,795	84,547	(144)
Balance (in shares) at May. 01, 2016			12,265,489
Net income		22,334			22,334
Stock-based compensation		3,358		3,358
Unrealized gain on investments		140				140
Excess tax benefit related to stock based compensation		657		657
Common stock issued in connection with vesting of performance based restricted stock units			$ 2	(2)
Common stock issued in connection with vesting of performance based restricted stock units (in shares)			49,192
Fully vested common stock award			4,800
Common stock issued in connection with exercise of stock options		588	$ 3	585
Common stock issued in connection with exercise of stock options (in shares)			68,000
Common stock surrendered for the cost of stock option exercises and withholding taxes payable		(979)	$ (1)	(978)
Common stock surrendered for the cost of stock option exercises and withholding taxes payable (in shares)			(30,850)
Dividends paid		(6,280)			(6,280)
Balance at Apr. 30, 2017	[1]	148,630	$ 618	47,415	100,601	(4)
Balance (in shares) at Apr. 30, 2017	[1]		12,356,631
Net income		8,211			8,211
Stock-based compensation		2,422		2,422
Unrealized gain on investments		60				60
Common stock issued in connection with vesting of performance based restricted stock units			$ 6	(6)
Common stock issued in connection with vesting of performance based restricted stock units (in shares)			118,845
Fully vested common stock award			4,800
Common stock issued in connection with vesting of time- based restricted stock unit (in shares)			1,200
Common stock issued in connection with exercise of stock options		111	$ 1	110
Common stock issued in connection with exercise of stock options (in shares)			15,600
Common stock surrendered for the cost of stock option exercises and withholding taxes payable		(1,530)	$ (2)	(1,528)
Common stock surrendered for the cost of stock option exercises and withholding taxes payable (in shares)			(46,800)
Dividends paid		(5,722)			(5,722)
Balance at Jan. 28, 2018		$ 152,182	$ 623	$ 48,413	$ 103,090	$ 56
Balance (in shares) at Jan. 28, 2018			12,450,276

[1]	Derived from audited financial statements.

Basis of Presentation

Basis of Presentation	9 Months Ended
Basis of Presentation	Jan. 28, 2018
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, with the exception of our assessments made and provisional amounts recorded with regard to the 2017 Tax Cuts and Job Act (See Note 13 for further details). 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 The company’s nine months ended January 28, 2018, and January 29, 2017, represent 39 week periods, respectively.

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
Significant Accounting Policies	Jan. 28, 2018
Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies As of January 28, 2018, 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 Recently Adopted Accounting Pronouncements Measurement of Inventory In July 2015, the FASB issued ASU No. 2015-11, No. 2015-11 No. 2015-11 Stock-Based Compensation In March 2016, the FASB issued ASU No. 2016-09, No. 2016-09 No. 2016-09 paid-in No. 2016-09, Also, we adopted the provisions of ASU No. 2016-09 Recently Issued Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), right-of-use 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, Intra-Entity Transfers of Assets Other 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
Stock-Based Compensation	Jan. 28, 2018
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 At January 28, 2018, there were 892,580 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 third quarter of fiscal 2018. At January 28, 2018, there were no option shares of common stock outstanding and exercisable. Therefore, there was no unrecognized compensation cost related to incentive stock option awards at January 28, 2018. No compensation expense was recorded for incentive stock options for the nine months ended January 28, 2018 and January 29, 2017, respectively. The aggregate intrinsic value for options exercised for the nine months ending January 28, 2018 and January 29, 2017, was $393,000 and $128,000, respectively. Performance Based Restricted Stock Units Executive Management On July 13, 2017, we granted performance-based restricted stock units to members of executive management (NEOs) which could earn up to a certain number of shares of common stock if certain performance targets are met over a three-fiscal year performance period as defined in the related restricted stock unit agreements. The number of shares of common stock that are earned based on the performance targets that have been achieved will be adjusted based on a market-based total shareholder return component as defined in the related restricted stock unit agreements. Compensation cost is measured based on the fair market value on the date of grant (July 13, 2017). The fair market value per share was determined using the Monte Carlo simulation model for the market-based total shareholder return component and the closing price of our common stock for the performance-based components. The following table provides assumptions used to determine the fair market value of the market-based total shareholder return component using the Monte Carlo simulation model on the date of grant: Closing price of our common stock $32.50 Expected volatility of our common stock 31.0 % Expected volatility of peer companies 16.5 % Risk-free interest rate 1.56 % Dividend yield 1.66 % Correlation coefficient of peer companies 0.46 On July 14, 2016 and July 15, 2015, we granted performance-based restricted stock units to NEOs which could earn up to a certain number of shares of common stock if certain performance targets were met over a three-fiscal year performance period as defined in the related restricted stock unit agreements. These awards were measured based on the fair market value (closing price of our common stock) on the date of grant. No market-based total shareholder return component was included in these awards. Key Employees and a Non-Employee We granted performance-based restricted stock units which could earn up to a certain number of shares of common stock if certain performance targets are met over a three-fiscal year performance period as defined in the related restricted stock unit agreements. Our performance based restricted stock units granted to key employees were measured based on the fair market value (the closing price of our common stock) on the date of grant. Our performance based restricted stock units granted to a non-employee The following table summarizes information related to our grants of performance based restricted stock units associated with NEOs and key employees that are currently unvested: (3) Restricted Stock Price Per Vesting Date of Grant Units Awarded Share Period July 13, 2017 (1) 78,195 $ 31.85 (4) 3 years July 13, 2017 (2) 44,000 $ 32.50 (5) 3 years July 14, 2016 (1) (2) 107,880 $ 28.00 (5) 3 years July 15, 2015 (1) (2) 107,554 $ 32.23 (5) 3 years (1) Performance-based restricted stock units awarded to NEOs. (2) Performance-based restricted stock units awarded to key employees. (3) Amounts represent the maximum number of common stock shares that could be earned if certain performance targets are met as defined in the related restricted stock unit agreements. (4) Price per share represents the fair market value per share ($0.98 per $1 or a reduction of $0.65 to the closing price of the our common stock) determined using the Monte Carlo simulation model for the market-based total shareholder return component and the closing price of our common stock ($32.50) for the performance-based components of the performance-based restricted stock units granted to our NEOs on July 13, 2017. (5) Price per share represents the closing price of our common stock on the date of grant. The following table summarizes information related to our grants of performance-based restricted stock units associated with a non-employee (1) Restricted Stock Price Per Vesting Date of Grant Units Awarded Share Period July 13, 2017 10,200 $ 31.35 (2) 3 years July 14, 2016 11,549 $ 31.35 (2) 3 years July 15, 2015 10,364 $ 31.35 (2) 3 years (1) Amounts represent the maximum number of common stock shares that could be earned if certain performance targets are met as defined in the related restricted stock unit agreements. (2) The respective grant was unvested at the end of our reporting period. Accordingly, the price per share represents the closing price of our common stock on January 28, 2018, the end of our reporting period. The following table summarizes information related to our performance based restricted stock units that vested during the nine month periods ending January 28, 2018 and January 29, 2017: (3) Common Stock Weighted Average Price Fiscal Year Shares Vested Fair Value Per Share Fiscal 2018 (1) 102,845 $ 1,820 $ 17.70 (4) Fiscal 2018 (2) 16,000 $ 520 $ 32.50 (5) Fiscal 2017 (1) 37,192 $ 637 $ 17.12 (4) Fiscal 2017 (2) 12,000 $ 345 $ 28.77 (5) (1) NEOs and key employees. (2) Non-employee (3) Dollar amounts are in thousands. (4) Price per share represents closing price of our common stock on the date of grant. (5) The respective grant vested during the first quarter of fiscal 2018 or 2017, respectively. Accordingly, the price per share represents the closing price of our common stock on the date the award vested. Overall We recorded compensation expense of $2.2 million and $2.5 million within selling, general, and administrative expense associated with our performance based restricted stock units for the nine month periods ending January 28, 2018 and January 29, 2017, respectively. Compensation cost is recorded based on an assessment each reporting period of the probability that 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. At January 28, 2018, the remaining unrecognized compensation cost related to the performance based restricted stock units was $3.8 million, which is expected to be recognized over a weighted average vesting period of 1.8 years. Common Stock Awards We granted a total of 4,800 shares of common stock to our outside directors on October 2, 2017, and October 3, 2016, respectively. These shares of common stock vested immediately and were valued based on the fair market value on the date of grant. The fair value of these awards were $33.20 and $29.80 per share, on October 2, 2017, and October 3, 2016, which represents the closing price of our common stock on the date of grant. We recorded $159,000 and $143,000 of compensation expense within selling, general, and administrative expense for these common stock awards for the nine month periods ending January 28, 2018 and January 29, 2017, respectively. Time Vested Restricted Stock Units Fiscal 2018 Grant On July 13, 2017, an employee was granted 1,200 shares of time vested restricted stock units which vested over the requisite service period of 11 months. This award was measured at its fair market value, which was $32.50 per share, and represented the closing price of our common stock on the date of grant. Fiscal 2017 Grant On July 14, 2016, an employee was granted 1,200 shares of time vested restricted stock units which vested over the requisite service period of 11 months. This award was measured at its fair market value, which was $28 per share, and represented the closing price of our common stock on the date of grant. During the first quarter of fiscal 2018, 1,200 shares of common stock associated with this grant vested and had a weighted average fair value of $34,000 or $28 per share. Overall We recorded compensation expense of $28,000 and $20,000 within selling, general, and administrative expense associated with our time vested restricted stock unit awards for the nine month periods ending January 28, 2018 and January 29, 2017, respectively. At January 28, 2018, the remaining unrecognized compensation cost related to unvested time vested restricted stock awards was $16,000, which is expected to be recognized over the next 4.5 months.

Accounts Receivable

Accounts Receivable	9 Months Ended
Accounts Receivable	Jan. 28, 2018
Receivables [Abstract]
Accounts Receivable	4. Accounts Receivable A summary of accounts receivable follows: (dollars in thousands) January 28, 2018 January 29, 2017 April 30, 2017 Customers $ 27,666 $ 24,339 $ 26,211 Allowance for doubtful accounts (357 ) (397 ) (414 ) Reserve for returns and allowances and discounts (1,212 ) (1,216 ) (1,220 ) $ 26,097 $ 22,726 $ 24,577 A summary of the activity in the allowance for doubtful accounts follows: Nine months ended (dollars in thousands) January 28, 2018 January 29, 2017 Beginning balance $ (414 ) $ (1,088 ) Provision for bad debts 57 239 Net write-offs, net of recoveries — 452 Ending balance $ (357 ) $ (397 ) A summary of the activity in the allowance for returns and allowances and discounts accounts follows: Nine months ended (dollars in thousands) January 28, 2018 January 29, 2017 Beginning balance $ (1,220 ) $ (962 ) Provision for returns, allowances and discounts (2,332 ) (2,357 ) Credits issued 2,340 2,103 Ending balance $ (1,212 ) $ (1,216 )

Inventories

Inventories	9 Months Ended
Inventories	Jan. 28, 2018
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) A summary of inventories follows: (dollars in thousands) January 28, 2018 January 29, 2017 April 30, 2017 Raw materials $ 6,654 $ 6,977 $ 6,456 Work-in-process 3,151 3,161 3,095 Finished goods 45,846 36,055 41,931 $ 55,651 $ 46,193 $ 51,482

Other Noncurrent Assets

Other Noncurrent Assets	9 Months Ended
Other Noncurrent Assets	Jan. 28, 2018
Text Block [Abstract]
Other Noncurrent Assets	6. Other Noncurrent Assets A summary of other noncurrent assets follows: (dollars in thousands) January 28, 2018 January 29, 2017 April 30, 2017 Cash surrender value – life insurance $ 394 $ 376 $ 376 Non-compete 772 847 828 Customer relationships, net 625 677 664 Other 524 517 526 $ 2,315 $ 2,417 $ 2,394 Non-Compete We recorded our non-compete non-compete The gross carrying amount of our non-compete non-compete Amortization expense for our non-compete The weighted average amortization period for our non-compete 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 28, 2018, January 29, 2017, and April 30, 2017, respectively. Accumulated amortization for our customer relationships was $243,000, $191,000, and $204,000 at January 28, 2018, January 29, 2017, and April 30, 2017, respectively. Amortization expense for our customer relationships was $38,000 for the nine months ended January 28, 2018 and January 29, 2017. The remaining amortization expense for the next five fiscal years and thereafter follows: FY 2018 - $12,000; FY 2019 - $51,000; FY 2020 - $51,000; FY 2021 - $51,000; FY 2022 - $51,000; and Thereafter - $409,000. The weighted average amortization period for our customer relationships is 12.3 years as of January 28, 2018. Cash Surrender Value – Life Insurance At January 28, 2018, January 29, 2017, and April 30, 2017, we had one life insurance contract with a death benefit of $1.4 million. Our cash surrender value – life insurance balances totaling $394,000, $376,000 and $376,000 at January 28, 2018, January 29, 2017, and April 30, 2017, respectively, are collectible upon death of the respective insured.

Accrued Expenses

Accrued Expenses	9 Months Ended
Accrued Expenses	Jan. 28, 2018
Text Block [Abstract]
Accrued Expenses	7. Accrued Expenses A summary of accrued expenses follows: (dollars in thousands) January 28, 2018 January 29, 2017 April 30, 2017 Compensation, commissions and related benefits $ 6,288 $ 9,205 $ 10,188 Advertising rebates 482 118 468 Interest 5 11 51 Other accrued expenses 2,067 1,177 1,240 $ 8,842 $ 10,511 $ 11,947

Lines of Credit

Lines of Credit	9 Months Ended
Lines of Credit	Jan. 28, 2018
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 3.02%, 2.23%, and 2.45% at January 28, 2018, January 29, 2017, and April 30, 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 28, 2018, January 29, 2017, and April 30, 2017. At January 28, 2018, January 29, 2017, and April 30, 2017, 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 allows 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 ($2.5 million was outstanding at January 28, 2018 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). The $2.5 million outstanding letter of credit was automatically reduced by $1.25 million on February 1, 2018 and will be automatically reduced by an additional $1.25 million on May 15, 2018. Revolving Credit Agreement – China At January 28, 2018, our unsecured credit agreement associated with our operations in China provided for a line of credit up to 40 million Chinese Yuan Renminbi (approximately $6.4 million USD at January 28, 2018), and was set to expire on February 15, 2018. This agreement bears interest at a rate determined by the Chinese government and there were no borrowings outstanding as of January 28, 2018, January 29, 2017, and April 30, 2017. On March 2, 2018, we renewed this unsecured agreement to extend the expiration date to March 2, 2019. Overall Our loan agreements require, among other things, that we maintain compliance with certain financial covenants. At January 28, 2018, the company was in compliance with these financial covenants.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
Fair Value of Financial Instruments	Jan. 28, 2018
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 28, 2018 using: Quoted prices Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 6,287 N/A N/A $ 6,287 Low Duration Bond Fund 1,085 N/A N/A 1,085 Intermediate Term Bond Fund 759 N/A N/A 759 Strategic Income Fund 628 N/A N/A 628 Large Blend Fund 431 N/A N/A 431 Growth Allocation Fund 171 N/A N/A 171 Moderate Allocation Fund 114 N/A N/A 114 Other 173 N/A N/A 173 Fair value measurements at January 29, 2017 using: Quoted prices Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: 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 April 30, 2017 using: Quoted prices Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 4,811 N/A N/A $ 4,811 Low Duration Bond Fund 1,081 N/A N/A 1,081 Intermediate Term Bond Fund 751 N/A N/A 751 Strategic Income Fund 611 N/A N/A 611 Large Blend Fund 365 N/A N/A 365 Growth Allocation Fund 126 N/A N/A 126 Moderate Allocation Fund 88 N/A N/A 88 Other 76 N/A N/A 76 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 – Available for Sale At January 28, 2018, January 29, 2017, and April 30, 2017, our short-term investments classified as available for sale totaled $2.5 million, $2.4 million, and $2.4 million, respectively, and consisted of short-term bond funds. Since these short-term bond funds are classified as available for sale, these investments are recorded at their fair market value and their unrealized gains or losses are included in other comprehensive income (loss). Our short-term bond investments had an accumulated unrealized loss totaling $57,000, $68,000, and $47,000 at January 28, 2018, January 29, 2017, and April 30, 2017, respectively. At January 28, 2018, January 29, 2017, and April 30, 2017, the fair value of our short-term bond funds approximated its cost basis. Short-Term and 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 that ranged 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 held-to-maturity At January 28, 2018, January 29, 2017 and April 30, 2017, our held-to-maturity held-to-maturity Our U.S. corporate bonds were classified as level 2 as they are traded over the counter within a broker network and not on an active market. The fair value of our U.S. corporate bonds is determined based on a published source that provides an average bid price. The average bid price is based on various broker prices that are determined based on market conditions, interest rates, and the rating of the respective U.S. corporate bond. Long-Term Investments—Rabbi Trust We have a Rabbi Trust to set aside funds for participants of our deferred compensation plan (the “Plan”) which allows 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. These long-term investments are recorded at their fair values of $7.2 million, $5.5 million, and $5.5 million at January 28, 2018, January 29, 2017, and April 30, 2017, respectively. Our long-term investments had an accumulated unrealized gain of $113,000, $11,000 and $43,000 at January 28, 2018, January 29, 2017, and April 30, 2017, respectively. The fair value of our long-term investments associated with our Rabbi Trust approximates its cost basis. Other The carrying amount of our cash and cash equivalents, accounts receivable, other current assets, accounts payable, accrued expenses, and line of credit approximates fair value because of the short maturity of these financial instruments.

Cash Flow Information

Cash Flow Information	9 Months Ended
Cash Flow Information	Jan. 28, 2018
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 28, 2018 January 29, 2017 Interest $ 181 $ 110 Income taxes 3,426 4,704 Interest costs charged to operations were $168,000 and $97,000 for the nine months ended January 28, 2018 and January 29, 2017, respectively. Interest costs of $99,000 and $97,000 for the construction of qualifying fixed assets were capitalized for the nine months ended January 28, 2018 and January 29, 2017, respectively. As a result, these interest costs will be amortized over the related assets’ useful lives.

Net (Loss) Income Per Share

Net (Loss) Income Per Share	9 Months Ended
Net (Loss) Income Per Share	Jan. 28, 2018
Earnings Per Share [Abstract]
Net (Loss) Income Per Share	11. Net (Loss) Income Per Share Basic net (loss) income per share is computed using the weighted-average number of shares outstanding during the period. Diluted net (loss) income per share uses the weighted-average number of shares outstanding during the period plus the dilutive effect of stock-based compensation calculated using the treasury stock method. Weighted average shares used in the computation of basic and diluted net (loss) income per share follows: Three months ended (amounts in thousands) January 28, 2018 January 29, 2017 Weighted average common shares outstanding, basic 12,436 12,313 Dilutive effect of stock-based compensation — 231 Weighted average common shares outstanding, diluted 12,436 12,544 All options to purchase shares of common stock were included in the computation of diluted net (loss) income for the three months ended January 28, 2018 and January 29, 2017, as the exercise price of the options was less than the average market price of the common shares. Stock-based compensation awards totaling 160,743 shares of common stock were not included in the computation of diluted net loss per share for the three months ended January 28, 2018 as we incurred a net loss for that reporting period. Nine months ended (amounts in thousands) January 28, 2018 January 29, 2017 Weighted average common shares outstanding, basic 12,425 12,302 Dilutive effect of stock-based compensation 201 215 Weighted average common shares outstanding, diluted 12,626 12,517 All options to purchase shares of common stock were included in the computation of diluted net income for the nine months ended January 28, 2018 and January 29, 2017, 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
Segment Information	Jan. 28, 2018
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 manufactures, sources, develops, and sells fabrics primarily to residential and commercial furniture manufacturers. We evaluate the operating performance of our segments based upon income from operations before certain unallocated corporate expenses and other non-recurring non-compete Financial information for the company’s operating segments follows: Three months ended January 28, 2018 January 29, 2017 Net sales: Mattress Fabrics $ 49,042 $ 45,920 Upholstery Fabrics 36,268 30,249 $ 85,310 $ 76,169 Gross profit: Mattress Fabrics $ 10,146 $ 9,758 Upholstery Fabrics 7,457 7,001 $ 17,603 $ 16,759 Selling, general, and administrative expenses Mattress Fabrics $ 3,309 $ 3,391 Upholstery Fabrics 3,947 3,901 Total segment selling, general, and administrative expenses 7,256 7,292 Unallocated corporate expenses 2,703 2,532 $ 9,959 $ 9,824 Income from operations: Mattress Fabrics $ 6,837 $ 6,367 Upholstery Fabrics 3,510 3,100 Total segment income from operations 10,347 9,467 Unallocated corporate expenses (2,703 ) (2,532 ) Total income from operations 7,644 6,935 Interest expense (31 ) — Interest income 132 124 Other expense (229 ) (69 ) Income before income taxes $ 7,516 $ 6,990 Nine months ended (dollars in thousands) January 28, 2018 January 29, 2017 Net sales: Mattress Fabrics $ 146,072 $ 141,977 Upholstery Fabrics 99,469 90,217 $ 245,541 $ 232,194 Gross profit: Mattress Fabrics $ 29,641 $ 32,414 Upholstery Fabrics 20,232 19,665 $ 49,873 $ 52,079 Selling, general, and administrative expenses: Mattress Fabrics $ 9,868 $ 10,185 Upholstery Fabrics 11,458 11,086 Total segment selling, general, and administrative expenses 21,326 21,271 Unallocated corporate expenses 7,550 7,900 $ 28,876 $ 29,171 Income from operations: Mattress Fabrics $ 19,774 $ 22,229 Upholstery Fabrics 8,773 8,579 Total segment income from operations 28,547 30,808 Unallocated corporate expenses (7,550 ) (7,900 ) Total income from operations 20,997 22,908 Interest expense (69 ) — Interest income 391 164 Other expense (903 ) (376 ) Income before income taxes $ 20,416 $ 22,696 Balance sheet information for the company’s operating segments follows: (dollars in thousands) January 28, 2018 January 29, 2017 April 30, 2017 Segment assets: Mattress Fabrics Current assets (1) $ 42,195 $ 41,498 $ 47,038 Non-compete 772 847 828 Customer relationships 625 677 664 Investment in unconsolidated joint venture 1,518 600 1,106 Goodwill 11,462 11,462 11,462 Property, plant and equipment (2) 49,289 47,755 48,916 Total mattress fabrics assets 105,861 102,839 110,014 Upholstery Fabrics Current assets (1) 39,553 27,421 29,021 Property, plant and equipment (3) 2,101 1,826 1,879 Total upholstery fabrics assets 41,654 29,247 30,900 Total segment assets 147,515 132,086 140,914 Non-segment Cash and cash equivalents 22,428 15,659 20,795 Short-term investments (Available for Sale) 2,472 2,410 2,443 Short-term investments (Held-to-Maturity) 17,206 — — Deferred income taxes 1,942 422 419 Other current assets 3,114 2,514 2,894 Property, plant and equipment (4) 448 752 856 Long-term investments (Held-to-Maturity) 13,625 30,832 30,945 Long-term investments (Rabbi Trust) 7,176 5,488 5,466 Other assets 918 893 902 Total assets $ 216,844 $ 191,056 $ 205,634 Nine months ended (dollars in thousands) January 28, 2018 January 29, 2017 Capital expenditures (5): Mattress Fabrics $ 5,445 $ 14,957 Upholstery Fabrics 379 645 Unallocated Corporate 47 72 Total capital expenditures $ 5,871 $ 15,674 Depreciation expense: Mattress Fabrics $ 5,068 $ 4,673 Upholstery Fabrics 611 631 Total depreciation expense $ 5,679 $ 5,304 (1) Current assets represent accounts receivable and inventory for the respective segment. (2) The $49.3 million at January 28, 2018, represents property, plant, and equipment of $35.6 million and $13.7 million located in the U.S. and Canada, respectively. 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 $48.9 million at April 30, 2017, represents property, plant, and equipment of $34.0 million and $14.9 million located in the U.S. and Canada, respectively. (3) The $2.1 million at January 28, 2018, represents property, plant, and equipment of $1.4 million and $711 located in the U.S. and China, respectively. 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 $1.9 million at April 30, 2017, represents property, plant, and equipment of $1.2 million and $655 located in the U.S. and China, respectively. (4) The $448, $752, and $856 at January 28, 2018, January 29, 2017 and April 30, 2017, 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 our corporate departments 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
Income Taxes	Jan. 28, 2018
Income Tax Disclosure [Abstract]
Income Taxes	13. Income Taxes Effective Income Tax Rate We recorded income tax expense of $12.0 million, or 58.6% of income before income taxes, for the nine month period ended January 28, 2018, compared to income tax expense of $6.6 million or 28.9% of income before income taxes, for the nine month period ended January 29, 2017. Our effective income tax rates for the nine month periods ended January 28, 2018, and January 29, 2017, 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. Those items that are associated with specific interim periods primarily relate to the income tax effects of the 2017 Tax Cuts and Jobs Act that became effective in our third quarter of fiscal 2018 and the reversal of an uncertain income tax position associated with a foreign jurisdiction in which the statute of limitations expired in the third quarter of fiscal 2017. 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 contribute 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: 2018 2017 Federal income tax rate 30.4 % 34.0 % Tax effects of the 2017 Tax Cuts and Jobs Act 28.4 — Tax effects of Chinese foreign exchange (losses) gains (2.9 ) 1.9 Excess income tax benefits related to stock-based compensation (2.3 ) — Reversal of foreign uncertain tax position — (9.1 ) Foreign income tax rate differential 3.9 — U.S. state income tax expense 0.2 0.6 Other 0.9 1.5 58.6 % 28.9 % 2017 Tax Cuts and Jobs Act On December 22, 2017 (the “Enactment Date”), the Tax Cuts and Jobs Act (H.R.1) (the “Tax Act”) was signed into law. The Tax Act contains significant changes to corporate taxation, including (i) the reduction of the corporate income tax rate to 21%, (ii) the acceleration of expensing certain business assets, (iii) a one-time The corporate income tax rate reduction is effective as of January 1, 2018. Since we have a fiscal year rather than a calendar year, we are subject to IRS rules relating to transitional income tax rates. As a result, our fiscal 2018 federal statutory rate will be a blended income tax rate of 30.4%. For fiscal 2019 and beyond, we will utilize the enacted U.S. federal corporate income tax rate of 21%. The key impacts of the Tax Act on our financial statements for the three-month and nine-month periods ending January 28, 2018, were the re-measurement In order to determine the effects of the new U.S. federal corporate income tax rate on our U.S. deferred income tax balances, ASC Topic 740 “Income Taxes” (ASC Topic 740), requires the re-measurement re-measurement Additionally, we determined a provisional amount for the Transition Tax. The Transition tax is based on our total post-1986 foreign earnings and profits (“E&P”) that were previously deferred from U.S. income tax and applicable income tax rates associated with E&P held in cash and other specified assets (the “aggregate foreign cash position”). Also, all of our E&P was not permanently reinvested prior to the Tax Act. In order to calculate the Transition Tax, provisional estimates were required based on (i) projections of the aggregate foreign cash position of our foreign subsidiaries as of the end of our fiscal year 2018, (ii) the applicable tax rates using the aggregate foreign cash position, (iii) utilization of foreign tax credits, and (iv) the effective settlement of certain unrecognized income tax benefits. Our estimates may change based on actual versus projected results. The provisional amount determined for the income tax effects of the Transition Tax was a net charge of $4.8 million, which related to a charge for the write-off In addition to the above mentioned key impacts of the Tax Act on fiscal 2018, the Tax Act also establishes new tax laws that will be effective for our fiscal 2019 which include the creation of new minimum taxes such as the BEAT and GILTI taxes. We have not yet made a policy election with respect to the accounting treatment of these taxes. We can either account for these taxes as expensed when incurred or factor such amounts in the measurement of our U.S. deferred income taxes. We are currently evaluating our selection of an accounting policy, which will depend, in part, on analyzing our facts to determine what the impact is expected to be under each method. 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” jurisdiction-by-jurisdiction No valuation allowance was recorded against our net deferred income tax assets associated with our operations located in China and Canada at January 28, 2018, January 29, 2017, and April 30, 2017, respectively. The recorded valuation allowance of $2.9 million at January 28, 2018, has no effect on our loan covenant compliance. 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 28, 2018, 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 more-likely-than-not Fiscal 2018 During the third quarter, the Tax Act required a Transition Tax on our undistributed E&P associated with our foreign subsidiaries. The Tax Act required us to determine E&P as of November 2, 2017 and December 31, 2017 (the “Measurement Dates”), in which the greater E&P amount of the Measurement Dates is subject to the Transition Tax. As a result, we had provisional estimates of E&P totaling $156.7 million subject to the Transition Tax and provisional estimates totaling $42.2 million for foreign tax credits that could be used to reduce the Transition Tax subject to certain limitations as defined in the Tax Act. For fiscal 2019 and beyond, the Tax Act allows a U.S. corporation a 100% dividends received deduction for E&P received from a 10% owned foreign corporation. Therefore, a deferred tax liability will only be required for withholding taxes that are incurred by our foreign subsidiaries at the time E&P is distributed. As a result, at January 28, 2018, we recorded a deferred tax liability of $3.1 million for withholding on undistributed E&P for foreign subsidiaries. Fiscal 2017 At January 29, 2017, we had E&P 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 April 30, 2017, we had E&P totaling $146.9 million. At the same date, the deferred tax liability associated with our undistributed earnings from our foreign subsidiaries totaled $497,000, which included U.S. income and foreign withholding taxes totaling $44.0 million, offset by U.S. foreign income tax credits of $43.5 million. Overall At January 28, 2018, our non-current non-current non-current At January 28, 2018, our non-current non-current non-current Uncertainty In Income Taxes At January 28, 2018, we had a $12.4 million total gross unrecognized income tax benefit, of which $9.9 million and $2.5 million were classified as income taxes payable- long-term and non-current non-current non-current At January 28, 2018, our $12.4 million total gross unrecognized income tax benefit included $9.9 million that, if recognized, would favorably affect the income tax rate in future periods. 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 April 30, 2017, our $12.2 million total gross unrecognized income tax benefit included $467,000 that, if recognized, would favorably affect the income tax rate in future periods. 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 are subject to examination for income tax years 2014 and subsequent and Canadian provincial (Quebec) returns filed by us remain subject to examination for income tax years 2016 and subsequent. Income tax returns associated with our operations located in China are subject to examination for income tax year 2012 and subsequent. The Internal Revenue Service is examining our U.S. federal income tax returns for fiscal years 2014 through 2016. As a result of this examination, the IRS proposed an adjustment approximating $12.5 million of income taxes that relates to our transfer pricing with certain foreign subsidiaries. Management does not agree with the adjustment proposed by the IRS and intends to vigorously defend its position. Currently, the ultimate outcome of this proposed adjustment and any potential cash settlement cannot be determined as it is dependent upon potential legal and competent authority proceedings, interpretation of income tax law, and utilization of available loss carryforwards and certain income tax credits associated with the fiscal years under exam. Currently, we expect this examination to be completed during fiscal 2019. 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. This examination was completed during the fourth quarter of fiscal 2018 with final adjustments that were immaterial. 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 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. The income tax benefit was treated as a discrete event in which the full income tax effects of the adjustment was recorded in the three-month and nine-month periods ending January 29, 2017.

Statutory Reserves

Statutory Reserves	9 Months Ended
Statutory Reserves	Jan. 28, 2018
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 28, 2018, the company’s statutory surplus reserve was $4.6 million, representing 10% of accumulated earnings and profits determined in accordance with PRC accounting rules and regulations. The surplus reserve fund is non-distributable Our subsidiaries located in China can transfer funds to the parent company with the exception of the statutory surplus reserve of $4.6 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
Commitments and Contingencies	Jan. 28, 2018
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. Accounts Payable – Capital Expenditures At January 28, 2018, January 29, 2017, and April 30, 2017, we had total amounts due regarding capital expenditures totaling $1.6 million, $5.6 million, and $6.1 million, respectively, of which $1.4 million, $4.5 million, and $5.1 million was financed and pertained to completed work for the construction of a new building (see below). The total outstanding amount of $1.4 million due at January 28, 2018 is required to be paid in May 2018 (our fiscal 2019). Purchase Commitments – Capital Expenditures At January 28, 2018, we had open purchase commitments to construct a building and acquire equipment for our mattress fabrics segment totaling $4.1 million. The $4.1 million includes $1.4 million (all of which represents completed work) associated with the construction of a new building discussed below. Effective May 16, 2016, we entered into an agreement with a contractor to construct a new building located in North Carolina to expand our distribution capabilities and office space at a cost of $11.3 million. This agreement required an installment payment of $1.9 million in April 2016 with additional installment payments to be made in the following fiscal years: Fiscal 2017- $4.3 million; Fiscal 2018- $3.7 million; and Fiscal 2019—$1.4 million. Interest is charged on the required outstanding installment payments for services that were previously 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 charged on the outstanding installment payments noted above, there is 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). This new building was placed into service in July 2017.

Investment in Unconsolidated Jo

Investment in Unconsolidated Joint Venture	9 Months Ended
Investment in Unconsolidated Joint Venture	Jan. 28, 2018
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 produces cut and sewn mattress covers, and its operations are located in a modern industrial park in northeastern Haiti, which borders the Dominican Republic. CLIH commenced production during the second quarter of fiscal 2018 (October 2017) and complements our existing U.S. mattress fabric operations with a mirrored platform that further enhances our ability to meet customer demand while adding a lower cost operation to our platform. During the nine month period ended January 28, 2018, CLIH incurred a net loss totaling $498,000. Our equity interest in this net loss was $249,000, which represents the company’s fifty percent ownership in CLIH. The following table summarizes information on assets, liabilities and members’ equity of our equity method investment in CLIH: January 28, January 29, April 30, (dollars in thousands) 2018 2017 2017 Total assets $ 3,186 $ 1,200 $ 2,258 Total liabilities $ 150 $ — $ 46 Total members’ equity $ 3,036 $ 1,200 $ 2,212 At January 28, 2018, January 29, 2017 and April 30, 2017, our investment in CLIH totaled $1.5 million, $600,000, and $1.1 million, respectively, which represents the company’s fifty percent ownership interest in CLIH.

Common Stock Repurchase Program

Common Stock Repurchase Program	9 Months Ended
Common Stock Repurchase Program	Jan. 28, 2018
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, During the nine months ended January 28, 2018, and January 29, 2017 we did not purchase any shares of our common stock. At January 28, 2018, we had $5.0 million available for repurchases of our common stock.

Dividend Program

Dividend Program	9 Months Ended
Dividend Program	Jan. 28, 2018
Text Block [Abstract]
Dividend Program	18. Dividend Program On February 28, 2018, we announced that our board of directors approved a quarterly cash dividend of $0.09 per share, a 12.5% increase compared with $0.08 per share announced for the same period last year. This payment will be made on or about April 16, 2018, to shareholders of record as of April 2, 2018. During the nine months ended January 28, 2018, dividend payments totaled $5.7 million, of which $2.6 million represented a special cash dividend payment of $0.21 per share, and $3.1 million represented quarterly dividend payments ranging from $0.08 per share to $0.09 per share. 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 per share to $0.08 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.

Business Combination - Upholste

Business Combination - Upholstery Fabrics Segment	9 Months Ended
Business Combination - Upholstery Fabrics Segment	Jan. 28, 2018
Business Combinations [Abstract]
Business Combination - Upholstery Fabrics Segment	19. Business Combination - Upholstery Fabrics Segment On March 8, 2018, we reached a definitive agreement to acquire Read Window Products, Inc. (Read), a source for custom window treatments for the hospitality and commercial industries. Based in Knoxville, Tennessee, Read is a turn-key provider of window treatments offering measuring, sourcing, fabrication and installation services. Read’s custom product line includes motorization, shades, drapery, upholstered headboards and shower curtains. In addition, they supply soft goods such as decorative top sheets, coverlets, duvet covers, bed skirts, bolsters and pillows, for leading hospitality brands worldwide. Read has been in business since 1981, with annual revenues of approximately $11.0 million in 2017. We currently expect to fund the acquisition with cash and investments on hand without incurring any additional debt, with closing expected to occur by the end of March, subject to the satisfaction of customary closing conditions.

Significant Accounting Polici27

Significant Accounting Policies (Policies)	9 Months Ended
Significant Accounting Policies (Policies)	Jan. 28, 2018
Accounting Policies [Abstract]
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements Measurement of Inventory In July 2015, the FASB issued ASU No. 2015-11, No. 2015-11 No. 2015-11 Stock-Based Compensation In March 2016, the FASB issued ASU No. 2016-09, No. 2016-09 No. 2016-09 paid-in No. 2016-09, Also, we adopted the provisions of ASU No. 2016-09 Recently Issued Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), right-of-use 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, Intra-Entity Transfers of Assets Other 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 (Table

Stock-Based Compensation (Tables)	9 Months Ended
Stock-Based Compensation (Tables)	Jan. 28, 2018
Summary of Assumptions Used to Determine Fair Value of Performance Based Restricted Stock Units	The following table provides assumptions used to determine the fair market value of the market-based total shareholder return component using the Monte Carlo simulation model on the date of grant: Closing price of our common stock $32.50 Expected volatility of our common stock 31.0 % Expected volatility of peer companies 16.5 % Risk-free interest rate 1.56 % Dividend yield 1.66 % Correlation coefficient of peer companies 0.46
Summary of Vested Performance Based Restricted Stock Units	The following table summarizes information related to our performance based restricted stock units that vested during the nine month periods ending January 28, 2018 and January 29, 2017: (3) Common Stock Weighted Average Price Fiscal Year Shares Vested Fair Value Per Share Fiscal 2018 (1) 102,845 $ 1,820 $ 17.70 (4) Fiscal 2018 (2) 16,000 $ 520 $ 32.50 (5) Fiscal 2017 (1) 37,192 $ 637 $ 17.12 (4) Fiscal 2017 (2) 12,000 $ 345 $ 28.77 (5) (1) NEOs and key employees. (2) Non-employee (3) Dollar amounts are in thousands. (4) Price per share represents closing price of our common stock on the date of grant. (5) The respective grant vested during the first quarter of fiscal 2018 or 2017, respectively. Accordingly, the price per share represents the closing price of our common stock on the date the award vested.
NEOs and Key Employees [Member]
Summary of Grants of Performance Based Restricted Stock Units	The following table summarizes information related to our grants of performance based restricted stock units associated with NEOs and key employees that are currently unvested: (3) Restricted Stock Price Per Vesting Date of Grant Units Awarded Share Period July 13, 2017 (1) 78,195 $ 31.85 (4) 3 years July 13, 2017 (2) 44,000 $ 32.50 (5) 3 years July 14, 2016 (1) (2) 107,880 $ 28.00 (5) 3 years July 15, 2015 (1) (2) 107,554 $ 32.23 (5) 3 years (1) Performance-based restricted stock units awarded to NEOs. (2) Performance-based restricted stock units awarded to key employees. (3) Amounts represent the maximum number of common stock shares that could be earned if certain performance targets are met as defined in the related restricted stock unit agreements. (4) Price per share represents the fair market value per share ($0.98 per $1 or a reduction of $0.65 to the closing price of the our common stock) determined using the Monte Carlo simulation model for the market-based total shareholder return component and the closing price of our common stock ($32.50) for the performance-based components of the performance-based restricted stock units granted to our NEOs on July 13, 2017. (5) Price per share represents the closing price of our common stock on the date of grant.
Non-employee [Member]
Summary of Grants of Performance Based Restricted Stock Units	The following table summarizes information related to our grants of performance-based restricted stock units associated with a non-employee (1) Restricted Stock Price Per Vesting Date of Grant Units Awarded Share Period July 13, 2017 10,200 $ 31.35 (2) 3 years July 14, 2016 11,549 $ 31.35 (2) 3 years July 15, 2015 10,364 $ 31.35 (2) 3 years (1) Amounts represent the maximum number of common stock shares that could be earned if certain performance targets are met as defined in the related restricted stock unit agreements. (2) The respective grant was unvested at the end of our reporting period. Accordingly, the price per share represents the closing price of our common stock on January 28, 2018, the end of our reporting period.

Accounts Receivable (Tables)

Accounts Receivable (Tables)	9 Months Ended
Accounts Receivable (Tables)	Jan. 28, 2018
Receivables [Abstract]
Summary of Accounts Receivable	A summary of accounts receivable follows: (dollars in thousands) January 28, 2018 January 29, 2017 April 30, 2017 Customers $ 27,666 $ 24,339 $ 26,211 Allowance for doubtful accounts (357 ) (397 ) (414 ) Reserve for returns and allowances and discounts (1,212 ) (1,216 ) (1,220 ) $ 26,097 $ 22,726 $ 24,577
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 28, 2018 January 29, 2017 Beginning balance $ (414 ) $ (1,088 ) Provision for bad debts 57 239 Net write-offs, net of recoveries — 452 Ending balance $ (357 ) $ (397 )
Summary of the Activity in the Allowance for Returns and Allowances and Discounts	A summary of the activity in the allowance for returns and allowances and discounts accounts follows: Nine months ended (dollars in thousands) January 28, 2018 January 29, 2017 Beginning balance $ (1,220 ) $ (962 ) Provision for returns, allowances and discounts (2,332 ) (2,357 ) Credits issued 2,340 2,103 Ending balance $ (1,212 ) $ (1,216 )

Inventories (Tables)

Inventories (Tables)	9 Months Ended
Inventories (Tables)	Jan. 28, 2018
Inventory Disclosure [Abstract]
Summary of Inventories	A summary of inventories follows: (dollars in thousands) January 28, 2018 January 29, 2017 April 30, 2017 Raw materials $ 6,654 $ 6,977 $ 6,456 Work-in-process 3,151 3,161 3,095 Finished goods 45,846 36,055 41,931 $ 55,651 $ 46,193 $ 51,482

Other Noncurrent Assets (Tables

Other Noncurrent Assets (Tables)	9 Months Ended
Other Noncurrent Assets (Tables)	Jan. 28, 2018
Text Block [Abstract]
Summary of Other Noncurrent Assets	A summary of other noncurrent assets follows: (dollars in thousands) January 28, 2018 January 29, 2017 April 30, 2017 Cash surrender value – life insurance $ 394 $ 376 $ 376 Non-compete 772 847 828 Customer relationships, net 625 677 664 Other 524 517 526 $ 2,315 $ 2,417 $ 2,394

Accrued Expenses (Tables)

Accrued Expenses (Tables)	9 Months Ended
Accrued Expenses (Tables)	Jan. 28, 2018
Text Block [Abstract]
Summary of Accrued Expenses	A summary of accrued expenses follows: (dollars in thousands) January 28, 2018 January 29, 2017 April 30, 2017 Compensation, commissions and related benefits $ 6,288 $ 9,205 $ 10,188 Advertising rebates 482 118 468 Interest 5 11 51 Other accrued expenses 2,067 1,177 1,240 $ 8,842 $ 10,511 $ 11,947

Fair Value of Financial Instr33

Fair Value of Financial Instruments (Tables)	9 Months Ended
Fair Value of Financial Instruments (Tables)	Jan. 28, 2018
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 28, 2018 using: Quoted prices Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 6,287 N/A N/A $ 6,287 Low Duration Bond Fund 1,085 N/A N/A 1,085 Intermediate Term Bond Fund 759 N/A N/A 759 Strategic Income Fund 628 N/A N/A 628 Large Blend Fund 431 N/A N/A 431 Growth Allocation Fund 171 N/A N/A 171 Moderate Allocation Fund 114 N/A N/A 114 Other 173 N/A N/A 173 Fair value measurements at January 29, 2017 using: Quoted prices Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: 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 April 30, 2017 using: Quoted prices Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 4,811 N/A N/A $ 4,811 Low Duration Bond Fund 1,081 N/A N/A 1,081 Intermediate Term Bond Fund 751 N/A N/A 751 Strategic Income Fund 611 N/A N/A 611 Large Blend Fund 365 N/A N/A 365 Growth Allocation Fund 126 N/A N/A 126 Moderate Allocation Fund 88 N/A N/A 88 Other 76 N/A N/A 76

Cash Flow Information (Tables)

Cash Flow Information (Tables)	9 Months Ended
Cash Flow Information (Tables)	Jan. 28, 2018
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 28, 2018 January 29, 2017 Interest $ 181 $ 110 Income taxes 3,426 4,704

Net (Loss) Income Per Share (Ta

Net (Loss) Income Per Share (Tables)	9 Months Ended
Net (Loss) Income Per Share (Tables)	Jan. 28, 2018
Earnings Per Share [Abstract]
Schedule of Weighted Average Shares Used in the Computation of Basic and Diluted Net (Loss) Income Per Share	Weighted average shares used in the computation of basic and diluted net (loss) income per share follows: Three months ended (amounts in thousands) January 28, 2018 January 29, 2017 Weighted average common shares outstanding, basic 12,436 12,313 Dilutive effect of stock-based compensation — 231 Weighted average common shares outstanding, diluted 12,436 12,544 Nine months ended (amounts in thousands) January 28, 2018 January 29, 2017 Weighted average common shares outstanding, basic 12,425 12,302 Dilutive effect of stock-based compensation 201 215 Weighted average common shares outstanding, diluted 12,626 12,517

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
Segment Information (Tables)	Jan. 28, 2018
Segment Reporting [Abstract]
Schedule of Operating Segments Information	Financial information for the company’s operating segments follows: Three months ended January 28, 2018 January 29, 2017 Net sales: Mattress Fabrics $ 49,042 $ 45,920 Upholstery Fabrics 36,268 30,249 $ 85,310 $ 76,169 Gross profit: Mattress Fabrics $ 10,146 $ 9,758 Upholstery Fabrics 7,457 7,001 $ 17,603 $ 16,759 Selling, general, and administrative expenses Mattress Fabrics $ 3,309 $ 3,391 Upholstery Fabrics 3,947 3,901 Total segment selling, general, and administrative expenses 7,256 7,292 Unallocated corporate expenses 2,703 2,532 $ 9,959 $ 9,824 Income from operations: Mattress Fabrics $ 6,837 $ 6,367 Upholstery Fabrics 3,510 3,100 Total segment income from operations 10,347 9,467 Unallocated corporate expenses (2,703 ) (2,532 ) Total income from operations 7,644 6,935 Interest expense (31 ) — Interest income 132 124 Other expense (229 ) (69 ) Income before income taxes $ 7,516 $ 6,990 Nine months ended (dollars in thousands) January 28, 2018 January 29, 2017 Net sales: Mattress Fabrics $ 146,072 $ 141,977 Upholstery Fabrics 99,469 90,217 $ 245,541 $ 232,194 Gross profit: Mattress Fabrics $ 29,641 $ 32,414 Upholstery Fabrics 20,232 19,665 $ 49,873 $ 52,079 Selling, general, and administrative expenses: Mattress Fabrics $ 9,868 $ 10,185 Upholstery Fabrics 11,458 11,086 Total segment selling, general, and administrative expenses 21,326 21,271 Unallocated corporate expenses 7,550 7,900 $ 28,876 $ 29,171 Income from operations: Mattress Fabrics $ 19,774 $ 22,229 Upholstery Fabrics 8,773 8,579 Total segment income from operations 28,547 30,808 Unallocated corporate expenses (7,550 ) (7,900 ) Total income from operations 20,997 22,908 Interest expense (69 ) — Interest income 391 164 Other expense (903 ) (376 ) Income before income taxes $ 20,416 $ 22,696 Balance sheet information for the company’s operating segments follows: (dollars in thousands) January 28, 2018 January 29, 2017 April 30, 2017 Segment assets: Mattress Fabrics Current assets (1) $ 42,195 $ 41,498 $ 47,038 Non-compete 772 847 828 Customer relationships 625 677 664 Investment in unconsolidated joint venture 1,518 600 1,106 Goodwill 11,462 11,462 11,462 Property, plant and equipment (2) 49,289 47,755 48,916 Total mattress fabrics assets 105,861 102,839 110,014 Upholstery Fabrics Current assets (1) 39,553 27,421 29,021 Property, plant and equipment (3) 2,101 1,826 1,879 Total upholstery fabrics assets 41,654 29,247 30,900 Total segment assets 147,515 132,086 140,914 Non-segment Cash and cash equivalents 22,428 15,659 20,795 Short-term investments (Available for Sale) 2,472 2,410 2,443 Short-term investments (Held-to-Maturity) 17,206 — — Deferred income taxes 1,942 422 419 Other current assets 3,114 2,514 2,894 Property, plant and equipment (4) 448 752 856 Long-term investments (Held-to-Maturity) 13,625 30,832 30,945 Long-term investments (Rabbi Trust) 7,176 5,488 5,466 Other assets 918 893 902 Total assets $ 216,844 $ 191,056 $ 205,634 Nine months ended (dollars in thousands) January 28, 2018 January 29, 2017 Capital expenditures (5): Mattress Fabrics $ 5,445 $ 14,957 Upholstery Fabrics 379 645 Unallocated Corporate 47 72 Total capital expenditures $ 5,871 $ 15,674 Depreciation expense: Mattress Fabrics $ 5,068 $ 4,673 Upholstery Fabrics 611 631 Total depreciation expense $ 5,679 $ 5,304 (1) Current assets represent accounts receivable and inventory for the respective segment. (2) The $49.3 million at January 28, 2018, represents property, plant, and equipment of $35.6 million and $13.7 million located in the U.S. and Canada, respectively. 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 $48.9 million at April 30, 2017, represents property, plant, and equipment of $34.0 million and $14.9 million located in the U.S. and Canada, respectively. (3) The $2.1 million at January 28, 2018, represents property, plant, and equipment of $1.4 million and $711 located in the U.S. and China, respectively. 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 $1.9 million at April 30, 2017, represents property, plant, and equipment of $1.2 million and $655 located in the U.S. and China, respectively. (4) The $448, $752, and $856 at January 28, 2018, January 29, 2017 and April 30, 2017, 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 our corporate departments 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
Income Taxes (Tables)	Jan. 28, 2018
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 contribute 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: 2018 2017 Federal income tax rate 30.4 % 34.0 % Tax effects of the 2017 Tax Cuts and Jobs Act 28.4 — Tax effects of Chinese foreign exchange (losses) gains (2.9 ) 1.9 Excess income tax benefits related to stock-based compensation (2.3 ) — Reversal of foreign uncertain tax position — (9.1 ) Foreign income tax rate differential 3.9 — U.S. state income tax expense 0.2 0.6 Other 0.9 1.5 58.6 % 28.9 %

Investment in Unconsolidated 38

Investment in Unconsolidated Joint Venture (Tables)	9 Months Ended
Investment in Unconsolidated Joint Venture (Tables)	Jan. 28, 2018
Equity Method Investments and Joint Ventures [Abstract]
Summary of Equity Method Investment	The following table summarizes information on assets, liabilities and members’ equity of our equity method investment in CLIH: January 28, January 29, April 30, (dollars in thousands) 2018 2017 2017 Total assets $ 3,186 $ 1,200 $ 2,258 Total liabilities $ 150 $ — $ 46 Total members’ equity $ 3,036 $ 1,200 $ 2,212

Significant Accounting Polici39

Significant Accounting Policies (Detail) - USD ($)	3 Months Ended		9 Months Ended
Significant Accounting Policies (Detail) - USD ($)	Jan. 28, 2018	Jan. 29, 2017	Jan. 28, 2018	Jan. 29, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Income taxes	$ 8,208,000	$ 643,000	$ 11,956,000	$ 6,560,000
Accrued expenses and deferred compensation, operating activities			(1,608,000)	(668,000)
Common stock surrendered for withholding taxes payable, financing activities			1,530,000	280,000
ASU No. 2016-09 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Income taxes			$ (500,000)
Excess tax benefit related to stock-based compensation, operating activities				195,000
Excess tax benefit related to stock-based compensation, financing activities				195,000
Accrued expenses and deferred compensation, operating activities				280,000
Common stock surrendered for withholding taxes payable, financing activities				$ 280,000

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Detail) - USD ($)		Oct. 02, 2017	Jul. 13, 2017	Oct. 03, 2016	Jul. 14, 2016	Jul. 30, 2017	Jan. 28, 2018	Jan. 29, 2017	Sep. 16, 2015
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							892,580
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							$ 3,800,000
Weighted average period over which unrecognized compensation cost is expected to be recognized							1 year 9 months 18 days
Incentive Stock Option Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options granted							0
Number of options to purchase common stock outstanding							0
Number of options exercisable							0
Unrecognized compensation cost related to incentive stock options							$ 0
Share-based compensation expense							0	$ 0
Aggregate intrinsic value for options exercised							393,000	128,000
Time Vested Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unrecognized compensation cost							$ 16,000
Vesting Period							4 months 15 days
Selling, General and Administrative Expenses [Member] \| Performance Based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense							$ 2,200,000	2,500,000
Selling, General and Administrative Expenses [Member] \| Time Vested Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense							28,000	20,000
Selling, General and Administrative Expenses [Member] \| Common Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense							$ 159,000	$ 143,000
Employee [Member] \| Performance Based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted	[1],[2]		44,000
Vesting Period	[2]		3 years
Closing price of common stock	[2],[3]		$ 32.50
Employee [Member] \| Time Vested Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted			1,200		1,200
Vesting Period			11 months		11 months
Closing price of common stock			$ 32.50		$ 28
Number of shares vested						1,200
Weighted average fair value of vested shares						$ 34,000
Weighted average fair value of vested shares, per share						$ 28
Outside Directors [Member] \| Common Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted		4,800		4,800
Vesting Period		0 days		0 days
Closing price of common stock		$ 33.20		$ 29.80

[1]	Amounts represent the maximum number of common stock shares that could be earned if certain performance targets are met as defined in the related restricted stock unit agreements.
[2]	Performance-based restricted stock units awarded to key employees.
[3]	Price per share represents the closing price of our common stock on the date of grant.

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Assumptions Used to Determine Fair Value of Performance Based Restricted Stock Units (Detail) - Performance Based Restricted Stock Units [Member] - NEOs [Member]	Jul. 13, 2017$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Closing price of our common stock	$ 32.50
Expected volatility of our common stock	31.00%
Expected volatility of peer companies	16.50%
Risk-free interest rate	1.56%
Dividend yield	1.66%
Correlation coefficient of peer companies	46.00%

Stock-Based Compensation - Su42

Stock-Based Compensation - Summary of Grants of Performance Based Restricted Stock Units Associated with NEOs and Key Employees (Detail) - Performance Based Restricted Stock Units [Member] - $ / shares		Jul. 13, 2017	Jul. 14, 2016	Jul. 15, 2015
NEOs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Units Awarded	[1],[2]	78,195
Price Per Share	[2],[3]	$ 31.85
Vesting Period	[2]	3 years
Employee [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Units Awarded	[1],[4]	44,000
Price Per Share	[4],[5]	$ 32.50
Vesting Period	[4]	3 years
NEOs and Key Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Units Awarded	[1],[2],[4]		107,880	107,554
Price Per Share	[2],[4],[5]		$ 28	$ 32.23
Vesting Period	[2],[4]		3 years	3 years

[1]	Amounts represent the maximum number of common stock shares that could be earned if certain performance targets are met as defined in the related restricted stock unit agreements.
[2]	Performance-based restricted stock units awarded to NEOs.
[3]	Price per share represents the fair market value per share ($0.98 per $1 or a reduction of $0.65 to the closing price of the our common stock) determined using the Monte Carlo simulation model for the market-based total shareholder return component and the closing price of our common stock ($32.50) for the performance-based components of the performance-based restricted stock units granted to our NEOs on July 13, 2017.
[4]	Performance-based restricted stock units awarded to key employees.
[5]	Price per share represents the closing price of our common stock on the date of grant.

Stock-Based Compensation - Su43

Stock-Based Compensation - Summary of Grants of Performance Based Restricted Stock Units Associated with NEOs and Key Employees (Parenthetical) (Detail) - Performance Based Restricted Stock Units [Member] - NEOs [Member]	Jul. 13, 2017$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value adjustment to closing price of common stock, percentage	98.00%
Fair value adjustment to closing price of common stock, per share	$ (0.65)
Closing price of common stock	$ 32.50

Stock-Based Compensation - Su44

Stock-Based Compensation - Summary of Grants of Performance Based Restricted Stock Units Associated with Non-Employee (Detail) - Performance Based Restricted Stock Units [Member] - Non-employee [Member] - $ / shares		Jul. 13, 2017	Jul. 14, 2016	Jul. 15, 2015	Jan. 28, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Units Awarded	[1]	10,200	11,549	10,364
Vesting Period		3 years	3 years	3 years
Granted on July 13, 2017 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price Per Share	[2]				$ 31.35
Granted on July 14, 2016 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price Per Share	[2]				31.35
Granted on July 15, 2015 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price Per Share	[2]				$ 31.35

[1]	Amounts represent the maximum number of common stock shares that could be earned if certain performance targets are met as defined in the related restricted stock unit agreements.
[2]	The respective grant was unvested at the end of our reporting period. Accordingly, the price per share represents the closing price of our common stock on January 28, 2018, the end of our reporting period.

Stock-Based Compensation - Su45

Stock-Based Compensation - Summary of Vested Performance Based Restricted Stock Units (Detail) - Performance Based Restricted Stock Units [Member] - USD ($) $ / shares in Units, $ in Thousands		9 Months Ended
		Jan. 28, 2018	Jan. 29, 2017
NEOs and Key Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock Shares Vested	[1]	102,845	37,192
Weighted Average Fair Value	[1],[2]	$ 1,820	$ 637
Price Per Share	[1],[3]	$ 17.70	$ 17.12
Non-employee [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock Shares Vested	[4]	16,000	12,000
Weighted Average Fair Value	[2],[4]	$ 520	$ 345
Price Per Share	[4],[5]	$ 32.50	$ 28.77

[1]	NEOs and key employees.
[2]	Dollar amounts are in thousands.
[3]	Price per share represents closing price of our common stock on the date of grant.
[4]	Non-employee
[5]	The respective grant vested during the first quarter of fiscal 2018 or 2017, respectively. Accordingly, the price per share represents the closing price of our common stock on the date the award vested.

Accounts Receivable (Detail)

Accounts Receivable (Detail) - USD ($) $ in Thousands	Jan. 28, 2018	Apr. 30, 2017		Jan. 29, 2017	May 01, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customers	$ 27,666	$ 26,211		$ 24,339
Accounts receivable, net	26,097	24,577	[1]	22,726
Allowance for doubtful accounts [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Valuation allowance, balance	(357)	(414)		(397)	$ (1,088)
Reserve for returns and allowances and discounts [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Valuation allowance, balance	$ (1,212)	$ (1,220)		$ (1,216)	$ (962)

[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. 28, 2018	Jan. 29, 2017
Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning balance	$ (414)	$ (1,088)
Provision for bad debts	57	239
Net write-offs, net of recoveries		452
Ending balance	$ (357)	$ (397)

Accounts Receivable - Allowan48

Accounts Receivable - Allowance for Returns and Allowances and Discounts (Detail) - Reserve for returns and allowances and discounts [Member] - USD ($) $ in Thousands	9 Months Ended
	Jan. 28, 2018	Jan. 29, 2017
Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning balance	$ (1,220)	$ (962)
Provision for returns, allowances and discounts	(2,332)	(2,357)
Credits issued	2,340	2,103
Ending balance	$ (1,212)	$ (1,216)

Inventories (Detail)

Inventories (Detail) - USD ($) $ in Thousands	Jan. 28, 2018	Apr. 30, 2017		Jan. 29, 2017
Inventory Disclosure [Abstract]
Raw materials	$ 6,654	$ 6,456		$ 6,977
Work-in-process	3,151	3,095		3,161
Finished goods	45,846	41,931		36,055
Inventories	$ 55,651	$ 51,482	[1]	$ 46,193

[1]	Derived from audited financial statements.

Other Noncurrent Assets (Detail

Other Noncurrent Assets (Detail) - USD ($) $ in Thousands	Jan. 28, 2018	Apr. 30, 2017		Jan. 29, 2017
Other Assets, Noncurrent [Abstract]
Cash surrender value - life insurance	$ 394	$ 376		$ 376
Non-compete agreement, net	772	828		847
Customer relationships, net	625	664		677
Other	524	526		517
Other assets	$ 2,315	$ 2,394	[1]	$ 2,417

[1]	Derived from audited financial statements.

Other Noncurrent Assets- Narrat

Other Noncurrent Assets- Narrative (Detail)	9 Months Ended
Other Noncurrent Assets- Narrative (Detail)	Jan. 28, 2018USD ($)Contract	Jan. 29, 2017USD ($)Contract	Apr. 30, 2017USD ($)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	$ 394,000	376,000	376,000
Non-compete Agreement [Member]
Other Assets [Line Items]
Useful life	15 years
Accumulated amortization	$ 1,200,000	1,200,000	1,200,000
Amortization expense	56,000	56,000
Remaining amortization expense for the fiscal year	19,000
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	$ 453,000
Weighted average remaining amortization period	10 years 3 months 18 days
Customer Relationships [Member]
Other Assets [Line Items]
Useful life	17 years
Accumulated amortization	$ 243,000	191,000	$ 204,000
Amortization expense	38,000	$ 38,000
Remaining amortization expense for the fiscal year	12,000
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	$ 409,000
Weighted average remaining amortization period	12 years 3 months 18 days

Accrued Expenses (Detail)

Accrued Expenses (Detail) - USD ($) $ in Thousands	Jan. 28, 2018	Apr. 30, 2017		Jan. 29, 2017
Payables and Accruals [Abstract]
Compensation, commissions and related benefits	$ 6,288	$ 10,188		$ 9,205
Advertising rebates	482	468		118
Interest	5	51		11
Other accrued expenses	2,067	1,240		1,177
Accrued expenses	$ 8,842	$ 11,947	[1]	$ 10,511

[1]	Derived from audited financial statements.

Lines of Credit - Narrative (De

Lines of Credit - Narrative (Detail)	May 15, 2018USD ($)	Mar. 02, 2018	Feb. 01, 2018USD ($)	Jan. 28, 2018USD ($)	Jan. 28, 2018CNY (¥)	Apr. 30, 2017USD ($)	Jan. 29, 2017USD ($)	Aug. 03, 2016USD ($)	Aug. 01, 2016USD ($)
United States [Member] \| Third Amendment to Credit Agreement [Member]
Line of Credit Facility [Line Items]
Maximum amount of letters of credit									$ 7,500,000
Letters of credit outstanding, additional amount				$ 2,500,000				$ 5,000,000
United States [Member] \| Third Amendment to Credit Agreement [Member] \| Subsequent Event [Member]
Line of Credit Facility [Line Items]
Automatic reduction of the additional letter of credit			$ 1,250,000
United States [Member] \| Third Amendment to Credit Agreement [Member] \| Scenario, Forecast [Member]
Line of Credit Facility [Line Items]
Automatic reduction of the additional letter of credit	$ 1,250,000
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				3.02%	3.02%	2.45%	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				$ 6,400,000	¥ 40,000,000
Interest rate description				This agreement bears interest rate determined by the Chinese government
Expiration date				Feb. 15, 2018
Outstanding amount				$ 0		$ 0	$ 0
China [Member] \| Revolving credit agreement [Member] \| Subsequent Event [Member]
Line of Credit Facility [Line Items]
Expiration date		Mar. 2, 2019

Fair Value of Financial Instr54

Fair Value of Financial Instruments - Recurring Basis (Detail) - USD ($) $ in Thousands	Jan. 28, 2018	Apr. 30, 2017	Jan. 29, 2017
Premier Money Market Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	$ 6,287	$ 4,811	$ 4,888
Low Duration Bond Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	1,085	1,081	1,073
Intermediate Term Bond Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	759	751	739
Strategic Income Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	628	611	598
Large Blend Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	431	365	343
Growth Allocation Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	171	126	113
Moderate Allocation Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	114	88	83
Other [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	173	76	61
Quoted prices in active markets for identical assets - Level 1 [Member] \| Premier Money Market Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	6,287	4,811	4,888
Quoted prices in active markets for identical assets - Level 1 [Member] \| Low Duration Bond Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	1,085	1,081	1,073
Quoted prices in active markets for identical assets - Level 1 [Member] \| Intermediate Term Bond Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	759	751	739
Quoted prices in active markets for identical assets - Level 1 [Member] \| Strategic Income Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	628	611	598
Quoted prices in active markets for identical assets - Level 1 [Member] \| Large Blend Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	431	365	343
Quoted prices in active markets for identical assets - Level 1 [Member] \| Growth Allocation Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	171	126	113
Quoted prices in active markets for identical assets - Level 1 [Member] \| Moderate Allocation Fund [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	114	88	83
Quoted prices in active markets for identical assets - Level 1 [Member] \| Other [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a recurring basis	$ 173	$ 76	$ 61

Fair Value of Financial Instr55

Fair Value of Financial Instruments - Narrative (Detail) - USD ($)	3 Months Ended
	Oct. 30, 2016	Jan. 28, 2018	Apr. 30, 2017		Jan. 29, 2017
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments - Available for Sale		$ 2,472,000	$ 2,443,000	[1]	$ 2,410,000
Long-term investments (Rabbi Trust)		7,176,000	5,466,000	[1]	5,488,000
U.S. Corporate Bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Held to maturity investments	$ 31,000,000	30,800,000	30,900,000		30,800,000
Held to maturity investments, fair value		30,700,000	30,800,000		30,700,000
U.S. Corporate Bonds [Member] \| Minimum [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term investments, maturity period	2 years
U.S. Corporate Bonds [Member] \| 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 investments		(57,000)	(47,000)		(68,000)
Long-term investments (Rabbi Trust) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accumulated unrealized gain (loss) on investments		$ 113,000	$ 43,000		$ 11,000

[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. 28, 2018	Jan. 29, 2017
Supplemental Cash Flow Elements [Abstract]
Interest	$ 181	$ 110
Income taxes	$ 3,426	$ 4,704

Cash Flow Information - Narrati

Cash Flow Information - Narrative (Detail) - USD ($)	9 Months Ended
Cash Flow Information - Narrative (Detail) - USD ($)	Jan. 28, 2018	Jan. 29, 2017
Supplemental Cash Flow Elements [Abstract]
Interest costs	$ 168,000	$ 97,000
Interest cost capitalized	$ 99,000	$ 97,000

Net (Loss) Income Per Share - W

Net (Loss) Income Per Share - Weighted Average Shares (Detail) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Jan. 28, 2018	Jan. 29, 2017	Jan. 28, 2018	Jan. 29, 2017
Earnings Per Share [Abstract]
Weighted average common shares outstanding, basic	12,436	12,313	12,425	12,302
Dilutive effect of stock-based compensation		231	201	215
Weighted average common shares outstanding, diluted	12,436	12,544	12,626	12,517

Net (Loss) Income Per Share - N

Net (Loss) Income Per Share - Narrative (Detail)	3 Months Ended
Net (Loss) Income Per Share - Narrative (Detail)	Jan. 28, 2018shares
Common Stock Awards [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from computation of diluted net loss per share	160,743

Segment Information - Narrative

Segment Information - Narrative (Detail)	9 Months Ended
Segment Information - Narrative (Detail)	Jan. 28, 2018Segment
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. 28, 2018	Jan. 29, 2017	Jan. 28, 2018	Jan. 29, 2017
Segment Reporting Information [Line Items]
Net sales	$ 85,310	$ 76,169	$ 245,541	$ 232,194
Gross profit	17,603	16,759	49,873	52,079
Selling, general, and administrative expenses	9,959	9,824	28,876	29,171
Income from operations	7,644	6,935	20,997	22,908
Interest expense	(31)		(69)
Interest income	132	124	391	164
Other expense	(229)	(69)	(903)	(376)
Income before income taxes	7,516	6,990	20,416	22,696
Operating Segments [Member]
Segment Reporting Information [Line Items]
Selling, general, and administrative expenses	7,256	7,292	21,326	21,271
Income from operations	10,347	9,467	28,547	30,808
Operating Segments [Member] \| Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Net sales	36,268	30,249	99,469	90,217
Gross profit	7,457	7,001	20,232	19,665
Selling, general, and administrative expenses	3,947	3,901	11,458	11,086
Income from operations	3,510	3,100	8,773	8,579
Operating Segments [Member] \| Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Net sales	49,042	45,920	146,072	141,977
Gross profit	10,146	9,758	29,641	32,414
Selling, general, and administrative expenses	3,309	3,391	9,868	10,185
Income from operations	6,837	6,367	19,774	22,229
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Selling, general, and administrative expenses	2,703	2,532	7,550	7,900
Income from operations	$ (2,703)	$ (2,532)	$ (7,550)	$ (7,900)

Segment Information - Balance S

Segment Information - Balance Sheet Information by Operating Segments (Detail) - USD ($) $ in Thousands		9 Months Ended
		Jan. 28, 2018	Jan. 29, 2017	Apr. 30, 2017		May 01, 2016
Segment Reporting Information [Line Items]
Non-compete agreement		$ 772	$ 847	$ 828
Customer relationships		625	677	664
Investment in unconsolidated joint venture		1,518	600	1,106	[1]
Goodwill		11,462	11,462	11,462	[1]
Property, plant and equipment		51,838	50,333	51,651	[1]
Total assets		216,844	191,056	205,634	[1]
Cash and cash equivalents		22,428	15,659	20,795	[1]	$ 37,787
Short-term investments (Available for Sale)		2,472	2,410	2,443	[1]
Short-term investments (Held-to-Maturity)		17,206
Deferred income taxes		1,942	422	419	[1]
Other current assets		3,114	2,514	2,894	[1]
Long-term investments (Held-to-Maturity)		13,625	30,832	30,945	[1]
Long-term investments (Rabbi Trust)		7,176	5,488	5,466	[1]
Other assets		2,315	2,417	2,394	[1]
Capital expenditures	[2]	5,871	15,674
Depreciation expense		5,679	5,304
Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets		147,515	132,086	140,914
Operating Segments [Member] \| Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Current assets	[3]	42,195	41,498	47,038
Non-compete agreement		772	847	828
Customer relationships		625	677	664
Investment in unconsolidated joint venture		1,518	600	1,106
Goodwill		11,462	11,462	11,462
Property, plant and equipment	[4]	49,289	47,755	48,916
Total assets		105,861	102,839	110,014
Capital expenditures		5,445	14,957
Depreciation expense		5,068	4,673
Operating Segments [Member] \| Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Current assets	[3]	39,553	27,421	29,021
Property, plant and equipment	[5]	2,101	1,826	1,879
Total assets		41,654	29,247	30,900
Capital expenditures		379	645
Depreciation expense		611	631
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	[6]	448	752	856
Cash and cash equivalents		22,428	15,659	20,795
Short-term investments (Available for Sale)		2,472	2,410	2,443
Short-term investments (Held-to-Maturity)		17,206
Deferred income taxes		1,942	422	419
Other current assets		3,114	2,514	2,894
Long-term investments (Held-to-Maturity)		13,625	30,832	30,945
Long-term investments (Rabbi Trust)		7,176	5,488	5,466
Other assets		918	893	$ 902
Capital expenditures		$ 47	$ 72

[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]	Current assets represent accounts receivable and inventory for the respective segment.
[4]	The $49.3 million at January 28, 2018, represents property, plant, and equipment of $35.6 million and $13.7 million located in the U.S. and Canada, respectively. 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 $48.9 million at April 30, 2017, represents property, plant, and equipment of $34.0 million and $14.9 million located in the U.S. and Canada, respectively.
[5]	The $2.1 million at January 28, 2018, represents property, plant, and equipment of $1.4 million and $711 located in the U.S. and China, respectively. 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 $1.9 million at April 30, 2017, represents property, plant, and equipment of $1.2 million and $655 located in the U.S. and China, respectively.
[6]	The $448, $752, and $856 at January 28, 2018, January 29, 2017 and April 30, 2017, 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 our corporate departments are located in the U.S.

Segment Information - Balance63

Segment Information - Balance Sheet Information by Operating Segments (Parenthetical) (Detail) - USD ($) $ in Thousands		Jan. 28, 2018	Apr. 30, 2017		Jan. 29, 2017
Segment Reporting Information [Line Items]
Property, plant and equipment		$ 51,838	$ 51,651	[1]	$ 50,333
United States [Member] \| Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		35,600	34,000		32,600
United States [Member] \| Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		1,400	1,200		1,100
Canada [Member] \| Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		13,700	14,900		15,200
China [Member] \| Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		711	655		711
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	[2]	448	856		752
Unallocated Corporate [Member] \| United States [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		$ 448	$ 856		$ 752

[1]	Derived from audited financial statements.
[2]	The $448, $752, and $856 at January 28, 2018, January 29, 2017 and April 30, 2017, 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 our corporate departments 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. 28, 2018	Jan. 29, 2017	Jan. 28, 2018	Jan. 29, 2017
Income Tax Disclosure [Abstract]
Income taxes	$ 8,208	$ 643	$ 11,956	$ 6,560
Effective income tax rate			58.60%	28.90%

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. 28, 2018	Jan. 29, 2017
Income Tax Disclosure [Abstract]
Federal income tax rate	30.40%	34.00%
Tax effects of the 2017 Tax Cuts and Jobs Act	28.40%
Tax effects of Chinese foreign exchange (losses) gains	(2.90%)	1.90%
Excess income tax benefits related to stock-based compensation	(2.30%)
Reversal of foreign uncertain tax position		(9.10%)
Foreign income tax rate differential	3.90%
U.S. state income tax expense	0.20%	0.60%
Other	0.90%	1.50%
Effective income tax rate	58.60%	28.90%

Income Taxes - 2017 Tax Cuts an

Income Taxes - 2017 Tax Cuts and Jobs Act - Narrative (Detail) - USD ($) $ in Millions	3 Months Ended	9 Months Ended		12 Months Ended
	Jan. 28, 2018	Jan. 28, 2018	Jan. 29, 2017	Apr. 28, 2019	Apr. 29, 2018
Income Taxes [Line Items]
Federal statutory income tax rate		30.40%	34.00%
Provisional charge for re-measurement of U.S. net deferred income taxes	$ 1.3	$ 1.3
Provisional net charge for income tax effects of the Transition Tax	4.8	4.8
Provisional charge for write-off and establishment of valuation allowance against unused foreign tax credits	25.8	25.8
Provisional benefit for release of deferred income tax liabilities related to earnings and profits not permanently reinvested	$ 21	$ 21
Transition Tax payable period		8 years
Scenario, Forecast [Member]
Income Taxes [Line Items]
Federal statutory income tax rate				21.00%	30.40%

Income Taxes - Deferred Income

Income Taxes - Deferred Income Taxes - Valuation Allowance - Narrative (Detail) - USD ($)	Jan. 28, 2018	Apr. 30, 2017	Jan. 29, 2017
U.S. Tax Authorities and Poland Tax Authorities [Member]
Income Taxes [Line Items]
Valuation allowance	$ 2,900,000	$ 536,000	$ 557,000
Canada and China [Member]
Income Taxes [Line Items]
Valuation allowance	0	0	0
Valuation Allowance, Operating Loss Carryforwards [Member] \| U.S. State Tax [Member]
Income Taxes [Line Items]
Valuation allowance	495,000	464,000	473,000
Unused Foreign Tax Credits, Tax Cuts and Jobs Act of 2017 [Member] \| Internal Revenue Service (IRS) [Member] \| Valuation Allowance, Tax Credit Carryforward [Member]
Income Taxes [Line Items]
Valuation allowance	2,300,000
Culp Europe [Member] \| Poland [Member] \| Valuation Allowance, Operating Loss Carryforwards [Member]
Income Taxes [Line Items]
Valuation allowance	$ 73,000	$ 72,000	$ 84,000

Income Taxes - Deferred Incom68

Income Taxes - Deferred Income Taxes - Undistributed Earnings - Narrative (Detail) - USD ($)	9 Months Ended	12 Months Ended
	Jan. 29, 2017	Apr. 28, 2019	Dec. 31, 2017	Apr. 30, 2017	Jan. 28, 2018
Income Taxes [Line Items]
Undistributed earnings from our foreign subsidiaries that will not be reinvested indefinitely	$ 143,200,000		$ 156,700,000	$ 146,900,000
U.S. foreign income tax credits	42,100,000		$ 42,200,000	43,500,000
Deferred tax liability, undistributed earnings from foreign subsidiaries	405,000			497,000	$ 3,100,000
U.S. income and foreign withholding taxes	$ 42,500,000			$ 44,000,000
Scenario, Forecast [Member]
Income Taxes [Line Items]
Dividends received deduction percentage for earnings and profits received from foreign corporation		100.00%
Dividends received deduction, foreign corporation ownership percentage		10.00%

Income Taxes - Deferred Incom69

Income Taxes - Deferred Income Taxes - Narrative (Detail) - USD ($)	Jan. 28, 2018	Apr. 30, 2017		Jan. 29, 2017
Income Taxes [Line Items]
Non-current deferred tax asset	$ 1,942,000	$ 419,000	[1]	$ 422,000
Non-current deferred tax liability	2,096,000	3,593,000	[1]	2,924,000
U.S. Tax Authorities [Member]
Income Taxes [Line Items]
Non-current deferred tax asset	1,500,000
Non-current deferred tax liability		1,500,000		1,200,000
China [Member]
Income Taxes [Line Items]
Non-current deferred tax asset	461,000	419,000		422,000
Canada [Member]
Income Taxes [Line Items]
Non-current deferred tax liability	$ 2,096,000	$ 2,100,000		$ 1,700,000

[1]	Derived from audited financial statements.

Income Taxes - Uncertainty in I

Income Taxes - Uncertainty in Income Taxes - Narrative (Detail) - USD ($)	3 Months Ended	9 Months Ended
	Jan. 29, 2017	Jan. 28, 2018	Jan. 29, 2017	Apr. 30, 2017
Income Taxes [Line Items]
Unrecognized tax benefits	$ 13,400,000	$ 12,400,000	$ 13,400,000	$ 12,200,000
Unrecognized tax benefits that would favorably impact effective income tax rate if recognized	1,800,000	9,900,000	1,800,000	467,000
Income tax benefit recognized from reversal of uncertain income tax position	2,100,000		2,100,000
Non-current Deferred Income Taxes [Member]
Income Taxes [Line Items]
Unrecognized tax benefits	11,600,000	2,500,000	11,600,000	11,800,000
Income Taxes Payable - Long-Term [Member]
Income Taxes [Line Items]
Unrecognized tax benefits	$ 1,800,000	$ 9,900,000	$ 1,800,000	$ 467,000
Internal Revenue Service (IRS) [Member]
Income Taxes [Line Items]
Income tax examination, description		The IRS proposed an adjustment approximating $12.5 million of income taxes that relates to our transfer pricing with certain foreign subsidiaries. Management does not agree with the IRS' proposed adjustment and intends to vigorously defend its position.
Income tax examination, proposed adjustments		$ 12,500,000
Earliest Tax Year [Member] \| United States Federal and State Income Tax [Member]
Income Taxes [Line Items]
Income tax returns, years subject to examination		2,005
Earliest Tax Year [Member] \| Canadian Provincial (Quebec) Returns [Member]
Income Taxes [Line Items]
Income tax returns, years subject to examination		2,016
Income tax examination, year under examination		2,013
Earliest Tax Year [Member] \| Internal Revenue Service (IRS) [Member]
Income Taxes [Line Items]
Income tax examination, year under examination		2,014
Earliest Tax Year [Member] \| Canada [Member]
Income Taxes [Line Items]
Income tax returns, years subject to examination		2,014
Earliest Tax Year [Member] \| China [Member]
Income Taxes [Line Items]
Income tax returns, years subject to examination		2,012
Latest Tax Year [Member] \| Canadian Provincial (Quebec) Returns [Member]
Income Taxes [Line Items]
Income tax examination, year under examination		2,015
Latest Tax Year [Member] \| Internal Revenue Service (IRS) [Member]
Income Taxes [Line Items]
Income tax examination, year under examination		2,016

Statutory Reserves (Detail)

Statutory Reserves (Detail) - Subsidiaries [Member] - China [Member] $ in Millions	9 Months Ended
	Jan. 28, 2018USD ($)
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	$ 4.6
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) - USD ($)	May 16, 2016	Apr. 30, 2016	Jan. 28, 2018	Apr. 30, 2017	Jan. 29, 2017
Commitments and Contingencies Disclosure [Line Items]
Accounts payable for capital expenditures			$ 1,600,000	$ 6,100,000	$ 5,600,000
Buildings and Improvements [Member]
Commitments and Contingencies Disclosure [Line Items]
Amount financed for construction of building			1,400,000	5,100,000	$ 4,500,000
Amount financed for construction of building required to be paid in fiscal 2019			1,400,000
Mattress Fabrics [Member] \| Capital Addition Purchase Commitments [Member]
Commitments and Contingencies Disclosure [Line Items]
Open purchase commitments			4,100,000
Mattress Fabrics [Member] \| Capital Addition Purchase Commitments [Member] \| Buildings and Improvements [Member]
Commitments and Contingencies Disclosure [Line Items]
Open purchase commitments			$ 1,400,000
Contractual obligation, current cost	$ 11,300,000
Contractual obligation paid		$ 1,900,000		$ 4,300,000
Contractual obligation due in fiscal 2018	3,700,000
Contractual obligation due in fiscal 2019	1,400,000
Mattress Fabrics [Member] \| Capital Addition Purchase Commitments [Member] \| 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
Mattress Fabrics [Member] \| Capital Addition Purchase Commitments [Member] \| 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 73

Investment in Unconsolidated Joint Venture - Narrative (Detail) - USD ($)	3 Months Ended	9 Months Ended
	Jan. 28, 2018	Jan. 28, 2018	Apr. 30, 2017		Jan. 29, 2017	Jan. 01, 2017
Schedule of Equity Method Investments [Line Items]
Loss from investment in unconsolidated joint venture	$ (56,000)	$ (249,000)
Investment in unconsolidated joint venture	$ 1,518,000	$ 1,518,000	$ 1,106,000	[1]	$ 600,000
CLIH [Member]
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	50.00%	50.00%				50.00%
Unconsolidated joint venture, net loss		$ (498,000)
Loss from investment in unconsolidated joint venture		(249,000)
Investment in unconsolidated joint venture	$ 1,500,000	$ 1,500,000	$ 1,100,000		$ 600,000

[1]	Derived from audited financial statements.

Investment in Unconsolidated 74

Investment in Unconsolidated Joint Venture - Summary of Equity Method Investment (Detail) - CLIH [Member] - USD ($) $ in Thousands	Jan. 28, 2018	Apr. 30, 2017	Jan. 29, 2017
Schedule of Equity Method Investments [Line Items]
Total assets	$ 3,186	$ 2,258	$ 1,200
Total liabilities	150	46
Total members' equity	$ 3,036	$ 2,212	$ 1,200

Common Stock Repurchase Progr75

Common Stock Repurchase Program (Detail) - Common Stock Repurchase Program June 15, 2016 [Member] - Common Stock [Member] - USD ($)	9 Months Ended
	Jan. 28, 2018	Jan. 29, 2017	Jun. 15, 2016
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, 2018	Feb. 28, 2017	Jan. 28, 2018	Jan. 29, 2017
Dividends [Line Items]
Cash dividends paid			$ 5,722	$ 5,292
Special Dividend [Member]
Dividends [Line Items]
Cash dividends paid			$ 2,600	$ 2,600
Cash dividend payment, per share			$ 0.21	$ 0.21
Quarterly Dividend [Member]
Dividends [Line Items]
Cash dividend declared, per share		$ 0.08
Cash dividends paid			$ 3,100	$ 2,700
Quarterly Dividend [Member] \| Minimum [Member]
Dividends [Line Items]
Cash dividend payment, per share			$ 0.08	$ 0.07
Quarterly Dividend [Member] \| Maximum [Member]
Dividends [Line Items]
Cash dividend payment, per share			$ 0.09	$ 0.08
Subsequent Event [Member] \| Quarterly Dividend [Member]
Dividends [Line Items]
Increase in cash dividend, percentage	12.50%
Cash dividend declared, per share	$ 0.09
Date of payment to shareholders entitled to dividends	Apr. 16, 2018
Date of record of shareholders entitled to dividends	Apr. 2, 2018

Business Combination - Uphols77

Business Combination - Upholstery Fabrics Segment (Detail) $ in Millions	Mar. 08, 2018USD ($)
Subsequent Event [Member] \| Upholstery Fabrics [Member] \| Read Window Products, Inc. [Member]
Business Acquisition [Line Items]
Annual revenue	$ 11