Culp (CULP) 10-Q 7 Sep 18 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	3 Months Ended
	Jul. 29, 2018shares
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jul. 29, 2018
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q1
Trading Symbol	CULP
Entity Registrant Name	CULP INC
Entity Central Index Key	723,603
Current Fiscal Year End Date	--04-28
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding	12,522,246

CONSOLIDATED STATEMENTS OF NET

CONSOLIDATED STATEMENTS OF NET INCOME (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Jul. 29, 2018	Jul. 30, 2017
Income Statement [Abstract]
Net sales	$ 71,473	$ 79,533
Cost of sales	60,914	63,068
Gross profit	10,559	16,465
Selling, general and administrative expenses	8,033	9,501
Restructuring expense	451
Income from operations	2,075	6,964
Interest expense	20
Interest income	(150)	(131)
Other expense	257	353
Income before income taxes	1,948	6,742
Income taxes	906	1,640
Loss from investment in unconsolidated joint venture	77	118
Net income	965	4,984
Less: Net income attributable to non-controlling interest	(8)
Net income attributable to Culp, Inc. common shareholders	$ 957	$ 4,984
Net income attributable to Culp Inc. common shareholders per share-basic	$ 0.08	$ 0.40
Net income attributable to Culp Inc. common shareholders per share-diluted	$ 0.08	$ 0.40
Average shares outstanding, basic	12,510	12,399
Average shares outstanding, diluted	12,600	12,590

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Jul. 29, 2018	Jul. 30, 2017
Statement of Comprehensive Income [Abstract]
Net income	$ 965	$ 4,984
Unrealized gain on investments, net of tax
Unrealized holding gains on investments	40	44
Reclassification adjustment for realized loss on investments	94
Total unrealized gain on investments	134	44
Unrealized gain on foreign currency cash flow hedge, net of tax
Unrealized holding loss on foreign currency cash flow hedge	(25)
Reclassification adjustment for realized loss on foreign currency cash flow hedge	40
Total unrealized gain on foreign currency cash flow hedge	15
Total other comprehensive income	149	44
Comprehensive income	1,114	5,028
Less: Comprehensive income attributable to non-controlling interest	0	0
Comprehensive income attributable to Culp, Inc. common shareholders	$ 1,114	$ 5,028

CONSOLIDATED BALANCE SHEETS (UN

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Jul. 29, 2018	Apr. 29, 2018	[1]	Jul. 30, 2017
Current assets:
Cash and cash equivalents	$ 8,593	$ 21,228		$ 18,322
Short-term investments-Available for Sale		2,451		2,469
Short-term investments-Held-To-Maturity	30,756	25,759
Accounts receivable, net	23,225	26,307		22,140
Inventories	54,989	53,454		55,227
Other current assets	3,852	2,870		3,441
Total current assets	121,415	132,069		101,599
Property, plant and equipment, net	53,178	51,794		52,912
Goodwill	27,222	13,569		11,462
Deferred income taxes	3,721	1,458		436
Long-term investments-Held-To-Maturity		5,035		30,907
Long-term investments-Rabbi Trust	7,671	7,326		6,714
Investment in unconsolidated joint venture	1,525	1,501		1,477
Other assets	11,640	5,232		2,397
Total assets	226,372	217,984		207,904
Current liabilities:
Accounts payable-trade	25,070	27,237		29,112
Accounts payable-capital expenditures	862	1,776		5,647
Deferred revenue	634	809
Accrued expenses	8,176	9,325		6,075
Accrued restructuring costs	445
Income taxes payable-current	1,244	1,437		884
Total current liabilities	36,431	40,584		41,718
Line of credit	4,000			5,000
Accrued expenses-long-term	749	763
Contingent consideration-earn-out obligation	5,600
Income taxes payable-long-term	3,733	3,758		487
Deferred income taxes	2,150	2,150		4,253
Deferred compensation	7,679	7,353		6,769
Total liabilities	60,342	54,608		58,227
Commitments and Contingencies (Notes 12 and 21)
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 12,522,246 at July 29, 2018; 12,441,161 at July 30, 2017; and 12,450,276 at April 29, 2018	627	623		622
Capital contributed in excess of par value	46,334	48,203		47,038
Accumulated earnings	114,465	114,635		101,977
Accumulated other comprehensive income (loss)	64	(85)		40
Total shareholders' equity attributable to Culp Inc.	161,490	163,376		149,677
Non-controlling interest	4,540
Total equity	166,030	163,376		149,677
Total liabilities and shareholders' equity	$ 226,372	$ 217,984		$ 207,904
[1]	Derived from audited financial statements.

CONSOLIDATED BALANCE SHEETS (U5

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - $ / shares	Jul. 29, 2018	Apr. 29, 2018	[1]	Jul. 30, 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	12,522,246	12,450,276		12,441,161
Common stock, outstanding	12,522,246	12,450,276		12,441,161
[1]	Derived from audited financial statements.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Jul. 29, 2018	Jul. 30, 2017	Apr. 29, 2018
Cash flows from operating activities:
Net income	$ 965	$ 4,984	$ 20,877
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Depreciation	2,015	1,807
Amortization of assets	145	82
Stock-based compensation	(501)	757
Deferred income taxes	(2,263)	643
Realized loss on sale of short-term investments (Available for Sale)	94
Loss on disposal of equipment	35
Loss from investment in unconsolidated joint venture	77	118
Foreign currency exchange (gain) loss	(91)	35
Changes in assets and liabilities:
Accounts receivable	2,837	2,524
Inventories	(429)	(3,539)
Other current assets	(989)	(467)
Other assets	34	(47)
Accounts payable-trade	(2,494)	(397)
Deferred revenue	(175)
Accrued expenses and deferred compensation	(1,566)	(4,704)
Accrued restructuring costs	445
Income taxes	(75)	608
Net cash (used in) provided by operating activities	(1,936)	2,404
Cash flows from investing activities:
Capital expenditures	(757)	(2,260)
Net cash paid for acquisition of businesses	(11,971)
Investment in unconsolidated joint venture	(100)	(489)
Proceeds from the sale of short-term investments (Available for Sale)	2,458
Purchase of short-term investments (Available for Sale)	(10)	(12)
Proceeds from the sale of long-term investments (Rabbi Trust)		49
Purchase of long-term investments (Rabbi Trust)	(302)	(1,267)
Net cash used in investing activities	(10,682)	(3,979)
Cash flows from financing activities:
Proceeds from line of credit	11,000	5,000
Payments on line of credit	(7,000)
Payments on vendor-financed capital expenditures	(1,412)	(1,250)
Dividends paid	(1,127)	(3,608)
Common stock surrendered for withholding taxes payable	(1,292)	(1,135)
Common stock repurchased	(72)
Proceeds from common stock issued		5
Net cash provided by (used in) financing activities	97	(988)
Effect of exchange rate changes on cash and cash equivalents	(114)	90
Decrease in cash and cash equivalents	(12,635)	(2,473)
Cash and cash equivalents at beginning of period	21,228	20,795	20,795
Cash and cash equivalents at end of period	$ 8,593	$ 18,322	$ 21,228

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	Shareholders' equity attributable to Culp Inc.	Non-Controlling Interest
Balance at Apr. 30, 2017	[1]	$ 148,630	$ 618	$ 47,415	$ 100,601	$ (4)	$ 148,630
Balance (in shares) at Apr. 30, 2017	[1]		12,356,631
Net income		4,984
Unrealized gain on investments		44
Balance at Jul. 30, 2017		149,677
Balance at Apr. 30, 2017	[1]	148,630	$ 618	47,415	100,601	(4)	148,630
Balance (in shares) at Apr. 30, 2017	[1]		12,356,631
Net income		20,877			20,877		20,877
Stock-based compensation		2,212		2,212			2,212
Unrealized gain on foreign currency cash flow hedge		(55)				(55)	(55)
Unrealized gain on investments		(26)				(26)	(26)
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 units (in shares)			1,200
Common stock issued in connection with exercise of stock options		111	$ 1	110			111
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)			(1,530)
Common stock surrendered for the cost of stock option exercises and withholding taxes payable (in shares)			(46,800)
Dividends paid		(6,843)			(6,843)		(6,843)
Balance at Apr. 29, 2018	[1]	163,376	$ 623	48,203	114,635	(85)	163,376
Balance (in shares) at Apr. 29, 2018	[1]		12,450,276
Net income		965			957		957	$ 8
Acquisition of subsidiary with non-controlling interest		4,532						4,532
Stock-based compensation		(501)		(501)			(501)
Unrealized gain on foreign currency cash flow hedge		15				15	15
Unrealized gain on investments		134				134	134
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)			115,917
Common stock issued in connection with vesting of time-based restricted stock units (in shares)			1,200
Common stock surrendered for the cost of stock option exercises and withholding taxes payable		(1,292)	$ (2)	(1,290)			(1,292)
Common stock surrendered for the cost of stock option exercises and withholding taxes payable (in shares)			(42,157)
Common stock repurchased		(72)		(72)			(72)
Common stock repurchased (in shares)			(2,990)
Dividends paid		(1,127)			(1,127)		(1,127)
Balance at Jul. 29, 2018		$ 166,030	$ 627	$ 46,334	$ 114,465	$ 64	$ 161,490	$ 4,540
Balance (in shares) at Jul. 29, 2018			12,522,246
[1]	Derived from audited financial statements.

Basis of Presentation

Basis of Presentation	3 Months Ended
	Jul. 29, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	1. Basis of Presentation The accompanying unaudited consolidated financial statements of Culp, Inc. and its majority-owned subsidiaries (the “company”) include all adjustments, which are, in the opinion of management, necessary for fair presentation of the results of operations and financial position. All of these adjustments are of a normal recurring nature. Results of operations for interim periods may not be indicative of future results. The unaudited 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 three-months ended July 29, 2018, and July 30, 2017, represent 13 week periods, respectively.

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Jul. 29, 2018
Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies As of July 29, 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 In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers. 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, Recently Issued Accounting Pronouncements Leases In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), The FASB recently issued ASU No. 2018-11, “Leases (Topic 842): Targeted Improvements”, which allows entities to apply the transition provisions of the new standard at its adoption date instead of the earliest comparative period presented in the consolidated financial statements. This ASU allows entities to continue to use Topic 840, Leases , We are required to apply this guidance in our fiscal 2020 interim and annual financial statements and are currently assessing the impact the above guidance will have on our consolidated financial statements, but we expect this guidance to have a material impact on our financial position due to the requirement to recognize right-of-use assets and lease liabilities on our Consolidated Balance Sheets.

Business Combinations

Business Combinations	3 Months Ended
	Jul. 29, 2018
Business Combinations [Abstract]
Business Combinations	3. Business Combinations Read Window Products, LLC (Read) Overview Effective April 1, 2018, we entered into an Asset Purchase Agreement (Asset Agreement) to acquire certain assets and assume certain liabilities of Read, a source of custom window treatments for the hospitality and commercial industries. Based in Knoxville, Tennessee, Read is a turn-key The purchase price for the net assets acquired was $5.7 million, of which $4.5 million was paid at closing on April 1, 2018, $375,000 was paid in May 2018, and $763,000 is to be paid in June in 2019, subject to certain conditions as defined in the Asset Agreement. Assets Acquired and Liabilities Assumed The following table presents the final allocation of the acquisition cost to the assets acquired and liabilities assumed based on their fair values. (dollars in thousands) Fair Value Customer relationships $ 2,247 Goodwill 2,107 Inventory 1,128 Accounts receivable 897 Tradename 683 Property, plant & equipment 379 Other assets 35 Deferred revenue (903 ) Accounts payable (719 ) Accrued expenses (174 ) $ 5,680 We recorded customer relationships at fair market value based on a multi-period excess earnings valuation model. These customer relationships will be amortized on a straight-line basis over their nine-year useful life. We recorded the tradename at fair market based on the relief from royalty method. This tradename was determined to have an indefinite useful life and, therefore, is not being amortized. Equipment will be depreciated on a straight-line basis over useful lives ranging from three to ten years. The goodwill related to this acquisition is attributable to Read’s reputation with the products and services they provide and the collective experience of management with regards to its operations, customers, and industry. Goodwill was assigned to the upholstery fabrics segment and is deductible for income tax purposes over the statutory period of fifteen years. The Asset Agreement contains a contingent consideration arrangement that requires us to pay a former shareholder of Read and earn-out pre-established pre-established Other Acquisition costs totaling $339,000 were included in selling, general, and administrative expenses in our fiscal 2018 Consolidated Statement of Net Income. eLuxury, LLC (eLuxury) Overview Effective June 22, 2018, we entered into an Equity Purchase Agreement (Equity Agreement) in which we acquired an initial 80% ownership interest in (eLuxury), an e-commerce company offering bedding accessories and other home goods directly to consumers. eLuxury’s primary products include a line of mattress pads manufactured at eLuxury’s facility located in Evansville, Indiana. eLuxury also offers handmade platform beds, cotton bed sheets, as well as, other bedding items. Their products are available on eLuxury’s own branded website, eLuxury.com We believe this acquisition will provide a new sales channel for bedding accessories and will expand our opportunity to participate in the e-commerce direct-to-consumer e-commerce, direct-to-consumer e-commerce The estimated consideration given for the initial 80% ownership interest in eLuxury totaled $18.1 million, of which $12.5 million represents the estimated purchase price and $5.6 million represents the fair value for contingent consideration associated with an earn-out Assets Acquired and Liabilities Assumed The following table presents the preliminary allocation of the acquisition cost to the assets acquired and liabilities assumed based on their fair values. (dollars in thousands) Fair Value Goodwill $ 13,653 Tradename 6,549 Equipment 2,179 Inventory 1,804 Accounts receivable and other current assets 108 Accounts payable (1,336 ) Accrued expenses (295 ) Non-controlling (4,532 ) $ 18,130 The estimated fair values of the assets acquired and liabilities assumed are provisional and are based on the information that was currently available to estimate the fair value of assets acquired and liabilities assumed. We believe that information provides a reasonable basis for estimating the fair values of assets acquired and liabilities assumed, but we are waiting for additional information necessary to finalize those fair values. Therefore, the provisional measurements of fair value reflected are subject to change and such changes could be significant. The Company expects to finalize the valuation and complete the purchase price allocation as soon as practicable but no later than one year from the acquisition date. We recorded the tradename at fair market based on the relief from royalty method. This tradename was determined to have an indefinite useful life and, therefore, is not being amortized. Equipment will be depreciated on a straight-line basis over useful lives ranging from five to ten years. The goodwill related to this acquisition is attributable to eLuxury’s reputation with the products they offer and management’s experience in e-commerce, direct-to-consumer As mentioned above, the Equity Agreement contains a contingent consideration arrangement that requires us to pay the seller who is also the shareholder of the noncontrolling interest an earn-out earn-out Consolidation and Non-Controlling The Equity Agreement contains substantive profit-sharing arrangement provisions in which it explicitly states the ownership interests at the effective date of this business combination and the allocation of net income or loss between the controlling interest (Culp) and the noncontrolling interest. The Equity Agreement states that at the effective date of this acquisition (June 22, 2018), Culp acquired an 80% ownership interest in eLuxury with the seller retaining a 20% noncontrolling interest. Additionally, the Equity Agreement states that eLuxury’s net income or loss will be allocated a percentage of 70% and 30% to Culp and the noncontrolling interest, respectively. As result of the acquisition of our 80% controlling interest, we included all the accounts of eLuxury in our consolidated financial statements and have eliminated all significant intercompany balances and transactions. Based on the terms of the Equity Agreement, we believe the related risks associated with the ownership interests are aligned and therefore, the total consideration of $18.1 million for the 80% controlling interest provides information for the equity value of eLuxury as a whole, and therefore, is useful in estimating the fair value of the 20% noncontrolling interest. In order to determine the carrying value of our noncontrolling interest in eLuxury, we applied the Hypothetical-Liquidation-At-Book-Value Other Acquisitions costs totaling $270,000 were in included in selling, general, and administrative expenses in our Consolidated Statement of Net Income for the three-month period ending July 29, 2018. Actual revenue and net income for the period June 22, 2018 through July 29, 2018 were included in our Consolidated Statement of Net Income for the three-months ended July 29, 2018, and totaled $2.6 million and $27,000, respectively. Pro Forma Financial Information The following unaudited pro forma consolidated results of operations for the three-month periods ending July 29, 2018, and July 30, 2017, have been prepared as if the acquisitions of Read had occurred on May 2, 2016 and eLuxury had occurred on May 1, 2017. Three Months Ended (dollars in thousands, except per share data) July 29, 2018 July 30, 2017 Net Sales $ 74,598 $ 88,739 Income from operations 2,073 6,867 Net income 939 4,875 Net income (loss)—noncontrolling interest — (85 ) Net income – Culp Inc. common shareholders 939 4,959 Net income per share (basic) – Culp Inc. common shareholders 0.08 0.40 Net income per share (diluted) – Culp Inc. common shareholders 0.07 0.39 The unaudited pro forma information is presented for informational purposes only and is not necessarily indicative of the results of operations that actually would have been achieved had the acquisition been consummated as of that time, nor is it intended to be a projection of future results.

Accounts Receivable

Accounts Receivable	3 Months Ended
	Jul. 29, 2018
Receivables [Abstract]
Accounts Receivable	4. Accounts Receivable A summary of accounts receivable follows: (dollars in thousands) July 29, 2018 July 30, 2017 April 29, 2018 Customers $ 23,793 $ 23,548 $ 28,097 Allowance—doubtful accounts (366 ) (325 ) (357 ) Allowance—cash discounts (150 ) (238 ) (245 ) Allowance—sales returns & allowances (1) (52 ) (845 ) (1,188 ) $ 23,225 $ 22,140 $ 26,307 (1) Due to the adoption of ASC Topic 606, Revenue from Contracts with Customers, A summary of the activity in the allowance for doubtful accounts follows: Three months ended (dollars in thousands) July 29, 2018 July 30, 2017 Beginning balance $ (357 ) $ (414 ) Provision for bad debts (9 ) 89 Net write-offs, net of recoveries — — Ending balance $ (366 ) $ (325 ) A summary of the activity in the allowances for sales returns and allowances and cash discounts follows: Three months ended (dollars in thousands) July 29, 2018 July 30, 2017 Beginning balance $ (1,433 ) $ (1,220 ) Adoption of ASC Topic 606 (1) 1,145 — Provision for returns, allowances and discounts (487 ) (628 ) Credits issued 573 765 Ending balance $ (202 ) $ (1,083 )

Revenue

Revenue	3 Months Ended
	Jul. 29, 2018
Revenue from Contract with Customer [Abstract]
Revenue	5. Revenue Revenue from Contracts with Customers On April 30, 2018, we adopted ASU 2014-09 in-process The application of the new standard did not result in a material impact to the opening balance of retained earnings, and therefore no adjustment to retained earnings was recorded. The largest impact of applying the new standard are the required qualitative and quantitative disclosures and the presentation and classification related to estimates of allowances for sales returns. The cumulative effect of the classification changes related to our allowances for sales returns on our April 30, 2018, balance sheet are as follows: (dollars in thousands) Balance at Adjustments Due to Balance at Balance Sheet Assets: Accounts Receivable $ 26,307 $ 1,145 $ 27,452 Other Current Assets 2,870 27 2,897 Liabilities: Accrued Expenses 9,325 1,172 10,497 (1) The adjustments associated with the adoption of the new standard are related to classifying allowances for estimated sales returns as a liability rather than as a contra account to accounts receivable on the consolidated balance sheet for the current year’s presentation only. As required under the new standard, we also recorded the estimated allowance for sales returns on a gross basis rather than a net basis by separately reflecting a return goods asset within other current assets rather than netting it with the estimated sales returns liability. Currently, we expect the adoption of this new standard to be immaterial to our net income on an ongoing basis. The effect of adopting ASC 606 on our Consolidated Statements of Net Income and Consolidated Balance Sheets for the three months ended July 29, 2018, are as follows: (dollars in thousands) Three Months Adjustments Due to Balances Without Statements of Net Income Net Sales $ 71,473 $ (40 ) $ 71,433 Cost of Sales 60,914 (40 ) 60,874 Balance Sheet Assets: Accounts Receivable $ 23,225 $ 1,123 $ 24,348 Other Current Assets 3,852 (40 ) 3,812 Liabilities: Accrued Expenses $ 8,176 1,163 $ 9,339 (1) The adjustments associated with the adoption of the new standard are related to classifying allowances for estimated sales returns as a liability rather than as a contra account to accounts receivable on the consolidated balance sheet for the current year’s presentation only. As required under the new standard, we also recorded the estimated allowance for sales returns on a gross basis rather than a net basis by separately reflecting a return goods asset within other current assets rather than netting it with the estimated sales returns liability. Nature of Performance Obligations Our operations are classified into two business segments: mattress fabrics and upholstery fabrics. The mattress fabrics segment manufactures, sources, and primarily 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. Effective April 1, 2018, we acquired Read (see Note 3 for further details), a turn key provider of window treatments offering measuring, sourcing, fabrication, and installation services for the hospitality and commercial industries. In addition, Read supplies soft goods such as decorative top sheets, coverlets, duvet covers, bed skirts, bolsters and pillows. Effective June 22, 2018, we acquired a majority interest in eLuxury (see Note 3 for further details), an e-commerce Our primary performance obligations primarily include the sale of mattress and upholstery fabric products and the performance of customized fabrication and installation services associated window treatments. Significant Judgments Revenue is recognized upon the transfer of control of promised products or services to customers in an amount that reflects the consideration we expect to receive in exchange for those products or services. We determined that our customer purchase orders represent contracts as defined in the new standard. In addition to purchase orders, we also have supply contracts with certain customers that define standard terms and conditions. Our contracts generally include promises to sell either upholstery fabric or mattress fabric products or promises to provide fabrication and installation services associated with customized window treatments. The transaction price is typically allocated to performance obligations based upon stand-alone selling prices. We do not disclose the value of unsatisfied performance obligations as substantially all of any unsatisfied performance obligations as of July 29,2018, will be satisfied within one year or less. Revenue associated with sales of our products are recognized at the point-in-time point-in-time We evaluated the nature of any guarantees or warranties related to our contracts with customers and determined that any such warranties are assurance-type warranties that cover only compliance with agreed upon specifications, and therefore are not considered separate performance obligations. We have elected to treat both shipping costs and handling costs as fulfillment costs which are classified in the Consolidated Statements of Net Income as cost of sales and selling, general and administrative expenses, respectively. Revenue is measured as the amount of consideration we expect to receive in exchange for the transfer of the promised products and services. The amount of consideration we expect to receive changes due to variable consideration associated with allowances for sales returns, early payment discounts, and volume rebates that we offer to customers. The amount of variable consideration which is included in the transaction price is only included in net sales to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur in a future period. We only allow product returns to the extent that the products or services did not meet the contractually agreed upon specifications at the time of the sale. Customers must receive authorization prior to returning products. Estimates of allowances for sales returns are based on historical data, current potential product return issues, and known sales returns for which customers have been granted return authorization. Known sales returns for which customers have been granted permission to return products for a refund or credit, continue to be recorded as a contra account receivable. Estimates for potential future sales returns and related customer accommodations are now recorded within accrued expenses as required by the new standard. Under the new standard we record estimates for sales returns on a gross basis rather than a net basis and an estimate of a right of return asset is recorded in other current assets and cost of goods sold. Variable consideration associated with early payment cash discounts are estimated using current payment trends and historical data on a customer-by-customer Revenue is recognized net of any taxes collected from customers which are subsequently remitted to governmental authorities. We generally recognize sales commission as expense when incurred because the amortization period is one year or less. Sales commissions are recorded within selling, general, and administrative expenses in the Consolidated Statements of Net Income. Contract Assets & Liabilities Certain contracts, primarily those for customized fabrication and installation services, require upfront customer deposits that result in a contract liability which is recorded on the Consolidated Balance Sheet as deferred revenue. If upfront deposits or prepayment are not required, customers may be granted credit terms which generally range from 15 – 45 days. Such terms are common within the industries we are associated and are not considered financing arrangements. There were no contract assets recognized as of July 29, 2018. A summary of the activity for deferred revenue follows: (dollars in thousands) Three Months Ended Balance as of April 29, 2018 $ 809 Revenue recognized on contract liabilities during the period (742 ) Payments received for services not yet rendered during the period 567 Balance as of July 29, 2018 $ 634 Disaggregation of Revenue The following table presents our disaggregated revenue by segment, timing of revenue recognition, and product sales versus services rendered for the three-month period ending July 29, 2018. Net Sales (dollars in thousands) Mattress Fabrics Upholstery Fabrics Total Products transferred at a point in time $ 36,983 $ 31,821 $ 68,804 Services transferred over time — 2,669 2,669 Total Net Sales $ 36,983 $ 34,490 $ 71,473

Inventories

Inventories	3 Months Ended
	Jul. 29, 2018
Inventory Disclosure [Abstract]
Inventories	6. Inventories Inventories are carried at the lower of cost or net realizable. Cost is determined using the FIFO (first-in, first-out) A summary of inventories follows: (dollars in thousands) July 29, 2018 July 30, 2017 April 29, 2018 Raw materials $ 5,291 $ 6,956 $ 6,024 Work-in-process 2,413 2,782 3,264 Finished goods 47,285 45,489 44,166 $ 54,989 $ 55,227 $ 53,454

Other Noncurrent Assets

Other Noncurrent Assets	3 Months Ended
	Jul. 29, 2018
Text Block [Abstract]
Other Noncurrent Assets	7. Other Noncurrent Assets A summary of other noncurrent assets follows: (dollars in thousands) July 29, 2018 July 30, 2017 April 29, 2018 Tradenames $ 7,232 $ — $ 683 Customer relationships, net 2,764 651 2,839 Non-compete 734 809 753 Cash surrender value – life insurance 393 376 393 Other 517 561 564 $ 11,640 $ 2,397 $ 5,232 Tradename A summary of the carrying amount of our tradenames from our recent acquisitions (see Note 3) follow: (dollars in thousands) July 29, 2018 July 30, 2017 April 29, 2018 Read $ 683 $ — $ 683 eLuxury 6,549 — — $ 7,232 $ — $ 683 Our tradenames were recorded at their fair market values at the effective date of their acquisitions (see Note 3) and were based on the relief from royalty method. These tradenames were determined to have an indefinite useful life and therefore, are not being amortized. Customer Relationships A summary of the change in the carrying amount of our customer relationships follows: Three months ended (dollars in thousands) July 29, 2018 July 30, 2017 Beginning balance $ 2,839 $ 664 Acquisition of assets — — Amortization expense (75 ) (13 ) Loss on impairment — — Ending balance $ 2,764 $ 651 In connection with our asset purchase agreement with Read (see note 3) on April 1, 2018, we purchased certain customer relationships. We recorded these customer relationships at fair market value totaling $2.2 million based on a multi-period excess earnings valuation model. These customer relationships will be amortized on a straight-line basis over their nine-year useful life. Additionally, we have customer relationships from a prior acquisition with a carrying amount of $600,000 at July 29, 2018. These customer relationships are being amortized on a straight-line basis over their seventeen-year useful life. The gross carrying amount of our customer relationships were $3.1 million, $868,000 and $3.1 million at July 29, 2018, July 30, 2017, and April 29, 2018, respectively. Accumulated amortization for these customer relationships were $351,000, $217,000 and $276,000 at July 29, 2018, July 30, 2017, and April 29, 2018, respectively. The remaining amortization expense for the next five fiscal years and thereafter follows: FY 2019 - $226,000; FY 2020 - $301,000; FY 2021 - $301,000; FY 2022 - $301,000; FY 2023 - $301,000; and Thereafter - $1,334,000. The weighted average amortization period for our customer relationships is 9.4 years as of July 29, 2018. Non-Compete A summary of the change in the carrying amount of our non-compete Three months ended (dollars in thousands) July 29, 2018 July 30, 2017 Beginning balance $ 753 $ 828 Amortization expense (19 ) (19 ) Loss on impairment — — Ending balance $ 734 $ 809 We have a non-compete The gross carrying amount of this non-compete non-compete The remaining amortization expense for the next five years and thereafter follows: FY 2019 - $56,000; FY 2020 - $75,000; FY 2021 - $75,000; FY 2022 - $75,000; FY 2023 - $75,000, and Thereafter - $378,000. The weighted average amortization period for the non-compete Cash Surrender Value – Life Insurance We had one life insurance contract with a death benefit of $1.4 million at July 29, 2018, July 30, 2017, and April 29, 2018, respectively. Our cash surrender value – life insurance balances totaling $393,000, $376,000 and $393,000 at July 29, 2018, July 30, 2017, and April 29, 2018, respectively, are collectible upon death of the respective insured.

Goodwill

Goodwill	3 Months Ended
	Jul. 29, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	8. Goodwill A summary of the change in the carrying amount of goodwill follows: Three months ended (dollars in thousands) July 29, 2018 July 30, 2017 Beginning balance $ 13,569 $ 11,462 Acquisition of business (see note 3) 13,653 — Loss on impairment — — Ending balance $ 27,222 $ 11,462

Investment in Unconsolidated Jo

Investment in Unconsolidated Joint Venture	3 Months Ended
	Jul. 29, 2018
Equity Method Investments and Joint Ventures [Abstract]
Investment in Unconsolidated Joint Venture	9. Investment in Unconsolidated Joint Venture Culp International Holdings, Ltd. (Culp), a wholly-owned subsidiary of Culp, Inc. (collectively known as CULP), 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 mattress fabric operations with a mirrored platform that enhances our ability to meet customer demand while adding a lower cost operation to our platform. CLIH incurred a net loss totaling $154,000 and $236,000 for the three-month periods ending July 29, 2018 and July 30, 2017, respectively. CLIH’s net loss in the first quarter of fiscal 2018 pertained to initial start-up The following table summarizes information on assets, liabilities and members’ equity of our equity method investment in CLIH: (dollars in thousands) July 29, 2018 July 30, 2017 April 29, 2018 Total assets $ 3,153 $ 3,003 $ 3,130 Total liabilities $ 103 $ 48 $ 128 Total members’ equity $ 3,050 $ 2,955 $ 3,002 At July 29, 2018, July 30, 2017, and April 29, 2018, our investment in CLIH totaled $1.5 million, which represents the company’s fifty percent ownership interest in CLIH.

Accrued Expenses

Accrued Expenses	3 Months Ended
	Jul. 29, 2018
Text Block [Abstract]
Accrued Expenses	10. Accrued Expenses A summary of accrued expenses follows: (dollars in thousands) July 29, 2018 July 30, 2017 April 29, 2018 Compensation, commissions and related benefits $ 3,719 $ 4,535 $ 6,918 Interest 12 19 20 Other accrued expenses 5,194 1,521 3,150 $ 8,925 $ 6,075 $ 10,088 At July 29, 2018, we had accrued expenses totaling $8.9 million, of which $8.2 million and $749,000 were classified as current accrued expenses and long-term accrued expenses, respectively, in the accompanying Consolidated Balance Sheets. At July 30, 2017, we accrued expenses totaling $6.1 million, all of which were classified as current accrued expenses, in the accompanying Consolidated Balance Sheets. At April 29, 2018, we had accrued expenses totaling $10.1 million, of which $9.3 million and $763,000 were classified as current accrued expenses and long-term accrued expenses, respectively, in the accompanying Consolidated Balance Sheets.

Exit and Disposal Activity

Exit and Disposal Activity	3 Months Ended
	Jul. 29, 2018
Restructuring and Related Activities [Abstract]
Exit and Disposal Activity	11. Exit and Disposal Activity On June 12, 2018, our board of directors decided to close our upholstery fabrics manufacturing facility in Anderson, South Carolina. This closure is due to a continued decline in demand for the products manufactured at this facility, reflecting a change in consumer style preferences. We expect to close this facility during the second quarter of fiscal 2019. Restructuring expense and related charges totaled $2.0 million of which $1.6 million represented inventory markdowns and $451,000 represented employee termination benefits. Of this total charge, $1.6 million and $451,000 were recorded in cost of sales and restructuring expense in the Consolidated Statement of Net Income for the three-month period July 29, 2018. As of July 29, 2018, accrued restructuring costs represented $445,000 for employee termination benefits, of which a $451,000 accrual was established as noted above, less $6,000 in severance payments during the three-month period ending July 29, 2018. Currently, management expects to offset most of the $2.0 million charge over the second and third quarters from sale of associated property, plant, and equipment.

Lines of Credit

Lines of Credit	3 Months Ended
	Jul. 29, 2018
Debt Disclosure [Abstract]
Lines of Credit	12. Lines of Credit Revolving Credit Agreement – United States At July 29, 2018, our Credit Agreement with Wells Fargo Bank, N.A. (“Wells Fargo”) provided for a revolving loan commitment of $30 million. Interest was charged at a rate (applicable interest rate of 3.53%, 2.68%, and 3.36% at July 29, 2018, July 30, 2017, and April 29, 2018) 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 was 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. At July 29, 2018 and July 30, 2017, we had outstanding borrowings associated with our Credit Agreement totaling $4.0 million and $5.0 million, respectively. There were no borrowings outstanding under the Credit Agreement at April 29, 2018. At July 29, 2018, July 30, 2017, and April 29, 2018, 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 which allowed 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, 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 21 for further details). The terms of this $5.0 million letter credit expired on May 15, 2018. Effective August 13, 2018, we entered into a Fifth Amendment to our Credit Agreement which reduced the amount of our line of credit from $30 million to $25 million, reduced the amount of the Unencumbered Liquid Assets maintenance covenant from $20 million to $15 million, and set and expiration date of August 15, 2020. Additionally, this amendment reduced the limit of outstanding letters to $1.0 million, which includes the $250,000 workers compensation letter of credit noted above. Revolving Credit Agreement – China We have an unsecured credit agreement associated with our operations in China that provides for a line of credit up to 40 million RMB ($5.9 million USD at July 29, 2018) and is set to expire on March 2, 2019. This agreement has an interest rate determined by the Chinese government and there were no outstanding borrowings as of July 29, 2018, July 30, 2017, and April 29, 2018. Overalls Our loan agreements require, among other things, that we maintain compliance with certain financial covenants. At July 29, 2018, the company was in compliance with these financial covenants.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Jul. 29, 2018
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	13. 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 July 29, 2018 using: Quoted prices Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 6,749 N/A N/A $ 6,749 Large Blend Fund 438 N/A N/A 438 Growth Allocation Fund 180 N/A N/A 180 Moderate Allocation Fund 117 N/A N/A 117 Other 187 N/A N/A 187 Liabilities: Euro Foreign Currency Cash Flow Hedge N/A $ 40 N/A $ 40 Fair value measurements at July 30, 2017 using: Quoted prices Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 5,991 N/A N/A $ 5,991 Low Duration Bond Fund 1,085 N/A N/A 1,085 Intermediate Term Bond Fund 762 N/A N/A 762 Strategic Income Fund 622 N/A N/A 622 Large Blend Fund 381 N/A N/A 381 Growth Allocation Fund 140 N/A N/A 140 Moderate Allocation Fund 102 N/A N/A 102 Other 100 N/A N/A 100 Fair value measurements at April 29, 2018 using: Quoted prices Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 6,492 N/A N/A $ 6,492 Low Duration Bond Fund 1,085 N/A N/A 1,085 Intermediate Term Bond Fund 747 N/A N/A 747 Strategic Income Fund 619 N/A N/A 619 Large Blend Fund 402 N/A N/A 402 Growth Allocation Fund 169 N/A N/A 169 Moderate Allocation Fund 113 N/A N/A 113 Other 150 N/A N/A 150 Liabilities: EURO Foreign Currency Cash Flow Hedge N/A $ 55 N/A $ 55 Our EURO foreign exchange contract was recorded at a fair value provided by our bank and is classified within level 2 of the fair value hierarchy. Most derivative contracts are not listed on an exchange and require the use of valuation models. In accordance with ASC Topic 820, we attempted to maximize the use of observable inputs used in the valuation models used to determine the fair value of this contract. Derivative contracts valued based on valuation models with significant unobservable inputs and that are not actively traded, are classified within level 3 of the fair value hierarchy. 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 There were no short-term investments classified as available for sale held at July 29, 2018. At July 30, 2017 and April 29, 2018, our short-term investments classified as available for sale totaled $2.5 million and consisted of short-term bond funds. Since these short-term bond funds were classified as available for sale, these investments were 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 $33,000 and $91,000 at July 30, 2017, and April 29, 2018, respectively. At July 30, 2017, and April 29, 2018, the fair value of our short-term bond funds approximated its cost basis. Short-Term and Long-Term Investments—Held-To-Maturity Our investments classified as held-to-maturity held-to-maturity held-to-maturity At July 29, 2018, July 30, 2017 and April 29, 2018, 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”) and enable the participants to credit their contributions to various investment options of the Plan. The investments associated with the Rabbi Trust consist of a money market fund and various mutual funds that are classified as available for sale. These long-term investments are recorded at their fair values of $7.7 million, $6.7 million, and $7.3 million at July 29, 2018, July 30, 2017 and April 29, 2018, respectively. Our long-term investments had an accumulated unrealized gain of $104,000, $73,000, and $61,000 at July 29, 2018, July 30, 2017, and April 29, 2018, 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, and accrued expenses approximates fair value because of the short maturity of these financial instruments. Nonrecurring Basis At July 29, 2018, we had no assets that were required to be measured at fair value on a nonrecurring basis other than the assets acquired from eLuxury (see note 3) that were acquired at fair value: Fair value measurements at July 29, 2018 using: Quoted prices in Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Goodwill N/A N/A $ 13,653 $ 13,653 Tradename N/A N/A 6,549 6,549 Equipment N/A N/A 2,179 2,179 Inventory N/A N/A 1,804 1,804 Liabilities: Contingent Consideration – Earn-Out N/A N/A $ 5,600 $ 5,600 The tradename was recorded at fair market value using the royalty from relief method that used significant unobservable inputs and were classified as level 3. The contingent consideration – earn-out Additionally, we acquired certain current assets such as accounts receivable and prepaid expenses and assumed certain liabilities such as accounts payable and accrued expenses. Based on the nature of these items and their short maturity, the carrying amount of these items approximated their fair values. See note 2 for the preliminary allocation of the acquisition cost to the assets acquired and liabilities assumed based on their fair values. At April 29, 2018, we had no assets that were required to be measured at fair value on a nonrecurring basis other than the assets acquired from Read (see note 3) that were acquired at fair value: Fair value measurements at April 29, 2018 using: Quoted prices in Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Customer Relationships N/A N/A $ 2,247 $ 2,247 Goodwill N/A N/A 2,107 2,107 Inventory N/A N/A 1,128 1,128 Tradename N/A N/A 683 683 Equipment N/A N/A 379 379 Liabilities: None N/A N/A N/A N/A These customer relationships were recorded at fair market value using a multi-period excess earnings valuation model that used significant unobservable inputs and were classified as level 3. The tradename was recorded at fair market value using the royalty from relief method that used significant unobservable inputs and were classified as level 3. Additionally, we acquired certain current assets such as accounts receivable and other assets and assumed certain liabilities such as deferred revenue, accounts payable and accrued expenses. Based on the nature of these items and their short maturity, the carrying amount of these items approximated their fair values. See note 2 for the allocation of the acquisition cost to the assets acquired and liabilities assumed based on their fair values.

Derivatives

Derivatives	3 Months Ended
	Jul. 29, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	14. Derivatives During the fourth quarter of fiscal 2018, we entered into a EURO foreign exchange contract to mitigate the risk of foreign exchange rate fluctuations associated with certain capital expenditures. The contract effectively converts our EURO capital expenditures at a fixed EURO foreign exchange rate compared with the United States dollar of 1.263 and is due to expire in August 2018. In accordance with the provisions of ASC Topic 815, Derivatives and Hedging, our EURO foreign exchange contract was designated as a cash flow hedge, with the fair value of these financial instruments recorded in accrued expenses and changes in fair value recorded in accumulated other comprehensive income (loss). ASC Topic 815 requires disclosure of gains and losses on derivative instruments in the following tabular format. (Amounts in Thousands) July 29, 2018 April 29, 2018 Derivatives designated as hedging instruments under ASC Topic 815 Balance Fair Balance Fair Euro Foreign Exchange Contract Accrued Expenses $ 40 Accrued Expenses $ 55 At July 30, 2017, we did not have any derivatives designated as hedging instruments under ASC Topic 815. Derivatives in ASC Topic 815 Net Investment Hedging Relationships Amt of Gain (Loss) (net of tax) Location of Gain or from Accumulated OCI (Effective Portion) Amount of Gain or (Loss) Location of Gain or (Loss) Recognized in Amount of Gain (loss) (net of tax) Three Three Three Three Three Three EURO Foreign Exchange Contract $ 15 $ — Other Exp $ (40 ) $ — Other Exp $ — $ —

Cash Flow Information

Cash Flow Information	3 Months Ended
	Jul. 29, 2018
Supplemental Cash Flow Elements [Abstract]
Cash Flow Information	15. Cash Flow Information Interest and income taxes paid are as follows: Three months ended (dollars in thousands) July 29, 2018 July 30, 2017 Interest $ 24 $ 83 Income taxes 3,223 536 Interest costs charged to operations were $20,000 and $64,000 for the three months ended July 29, 2018 and July 30, 2017, respectively. No interest costs for the construction of qualifying fixed assets were capitalized for the three months ended July 29, 2018. Interest costs totaling $64,000 for the construction of qualifying fixed assets were capitalized for the three-months ended July 30, 2017. As a result, these interest costs will be amortized over the related assets’ useful lives.

Net Income Per Share

Net Income Per Share	3 Months Ended
	Jul. 29, 2018
Earnings Per Share [Abstract]
Net Income Per Share	16. Net Income Per Share Basic net income per share is computed using the weighted-average number of shares outstanding during the period. Diluted net income per share uses the weighted-average number of shares outstanding during the period plus the dilutive effect of stock-based compensation calculated using the treasury stock method. Weighted average shares used in the computation of basic and diluted net income per share follows: Three months ended (amounts in thousands) July 29, 2018 July 30, 2017 Weighted average common shares outstanding, basic 12,510 12,399 Dilutive effect of stock-based compensation 90 191 Weighted average common shares outstanding, diluted 12,600 12,590 At July 29, 2018 and April 29, 2018, there were no options to purchase shares of our common stock outstanding. Therefore, options to purchase shares of our common stock were not included in the computation of diluted net income for the three-months ending July 29, 2018. All options to purchase shares of common stock were included in the computation of diluted net income for the three-months ending July 30, 2017, as the exercise price of the options was less than the average market price of the common shares.

Segment Information

Segment Information	3 Months Ended
	Jul. 29, 2018
Segment Reporting [Abstract]
Segment Information	17. Segment Information Our operations are classified into two business segments: mattress fabrics and upholstery fabrics. The mattress fabrics segment manufactures, sources, and primarily 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. Effective April 1, 2018, we acquired Read (see Note 3 for further details), a turn key provider of window treatments offering measuring, sourcing, fabrication, and installation services for the hospitality and commercial furniture industries. Currently, our Chief Executive Officer (CODM) evaluates Read’s performance within our upholstery fabrics segment as they provide products and services in similar industries in which our upholstery fabrics segment operates and uses upholstery fabric products to service their customers. Effective June 22, 2018, we acquired eLuxury (see Note 3 for further details), an e-commerce company offering bedding accessories and other home goods directly to consumers. eLuxury’s primary products include a line of mattress pads, and also offer handmade platform beds, cotton bed sheets, and other bedding items. Currently, our CODM evaluates eLuxury’s performance within our mattress fabrics segment as they primarily provide bedding products and service the same industry. We evaluate the operating performance of our segments based upon income from operations before certain unallocated corporate expenses and other non-recurring Financial information for the company’s operating segments follows: Three months ended July 29, 2018 July 30, 2017 Net sales: Mattress Fabrics $ 36,983 $ 48,429 Upholstery Fabrics 34,490 31,104 $ 71,473 $ 79,533 Gross profit: Mattress Fabrics $ 5,971 $ 9,760 Upholstery Fabrics 6,153 6,705 $ 12,124 $ 16,465 Restructuring related charges (1) (1,565 ) — $ 10,559 $ 16,465 Selling, general, and administrative expenses Mattress Fabrics $ 3,148 $ 3,391 Upholstery Fabrics 3,626 3,811 Total segment selling, general, and administrative expenses 6,774 7,202 Unallocated corporate expenses 1,259 2,299 $ 8,033 $ 9,501 Income from operations: Mattress Fabrics $ 2,823 $ 6,368 Upholstery Fabrics 2,527 2,895 Total segment income from operations 5,350 9,263 Unallocated corporate expenses (1,259 ) (2,299 ) Restructuring expense and related charges (2) (2,016 ) — Total income from operations 2,075 6,964 Interest expense (20 ) — Interest income 150 131 Other expense (257 ) (353 ) Income before income taxes $ 1,948 $ 6,742 (1) The $1.6 million represents a restructuring related charge for inventory markdowns associated with the closing of our upholstery fabrics operation located in Anderson, SC. (2) The $2.0 million represents the $1.6 million restructuring related charge noted above and a restructuring charge of $451 for employee termination benefits associated with the closing of our upholstery fabrics operation located in Anderson, SC. Balance sheet information for the company’s operating segments follows: (dollars in thousands) July 29, 2018 July 30, 2017 April 29, 2018 Segment assets: Mattress Fabrics Current assets (1) $ 45,085 $ 46,750 $ 43,935 Tradename 6,549 — — Non-compete 734 809 753 Customer relationships 600 651 613 Investment in unconsolidated joint venture 1,525 1,477 1,501 Goodwill 25,115 11,462 11,462 Property, plant and equipment (2) 50,297 50,270 48,797 Total mattress fabrics assets 129,905 111,419 107,061 Upholstery Fabrics Current assets (1) 33,129 30,617 35,826 Goodwill 2,107 — 2,107 Customer relationships 2,164 — 2,226 Tradename 683 — 683 Property, plant and equipment (3) 2,370 1,857 2,445 Total upholstery fabrics assets 40,453 32,474 43,287 Total segment assets 170,358 143,893 150,348 Non-segment Cash and cash equivalents 8,593 18,322 21,228 Short-term investments (Available for Sale) — 2,469 2,451 Short-term investments (Held-to-Maturity) 30,756 — 25,759 Deferred income taxes 3,721 436 1,458 Other current assets 3,852 3,441 2,870 Property, plant and equipment (4) 511 785 552 Long-term investments (Held-to-Maturity) — 30,907 5,035 Long-term investments (Rabbi Trust) 7,671 6,714 7,326 Other assets 910 937 957 Total assets $ 226,372 $ 207,904 $ 217,984 Three months ended (dollars in thousands) July 29, 2018 July 30, 2017 Capital expenditures (5): Mattress Fabrics $ 1,198 $ 2,967 Upholstery Fabrics 57 85 Unallocated Corporate — 16 Total capital expenditures $ 1,255 $ 3,068 Depreciation expense: Mattress Fabrics $ 1,800 $ 1,612 Upholstery Fabrics 215 195 Total depreciation expense $ 2,015 $ 1,807 (1) Current assets represent accounts receivable and inventory for the respective segment. (2) The $50.3 million at July 29, 2018, represents property, plant, and equipment of $37.2 million and $13.1 million located in the U.S. and Canada, respectively. The $50.3 million at July 30, 2017, represents property, plant, and equipment of $35.8 million and $14.5 million located in the U.S. and Canada, respectively. The $48.8 million at April 29, 2018, represents property, plant, and equipment of $35.4 million and $13.4 million located in the U.S. and Canada, respectively. (3) The $2.4 million at July 29, 2018, represents property, plant, and equipment of $1.8 million and $616 located in the U.S. and China, respectively. The $1.9 million at July 30, 2017, represents property, plant, and equipment of $1.2 million and $684 located in the U.S. and China, respectively. The $2.4 million at April 29, 2018, represents property, plant, and equipment of $1.8 million and $661 located in the U.S. and China, respectively. (4) The $511, $785, and $552 at July 29, 2018, July 30, 2017 and April 29, 2018, respectively, represent property, plant, and equipment associated with unallocated corporate departments and corporate departments shared by both the mattress and upholstery fabric segments. Property, plant, and equipment associated with corporate are located in the U.S. (5) Capital expenditure amounts are stated on the accrual basis. See Consolidated Statements of Cash Flows for capital expenditure amounts on a cash basis.

Income Taxes

Income Taxes	3 Months Ended
	Jul. 29, 2018
Income Tax Disclosure [Abstract]
Income Taxes	18. Income Taxes Effective Income Tax Rate We recorded income tax expense of $906,000, or 46.5% of income before income taxes, for the three-month period ended July 29, 2018, compared to income tax expense of $1.6 million or 24.3% of income before income taxes, for the three-month period ended July 30, 2017. Our effective income tax rates for the three-month periods ended July 29, 2018, and July 30, 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. The effective income tax rate can be affected over the fiscal year by the mix and timing of actual earnings from our U.S. operations and foreign subsidiaries located in China and Canada 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: 2019 2018 Federal income tax rate 21.0 % 34.0 % Change in estimate of U.S. valuation allowance 8.6 1.4 Foreign income tax rate differential 8.3 (1.3 ) Global Intangible Low Taxed Income Tax (GILTI) 2.5 — Tax effects of Chinese foreign exchange (losses) gains 2.1 (0.9 ) Excess income tax deficiency (benefits) related to stock-based compensation 1.7 (8.2 ) Other 2.3 (0.7 ) 46.5 % 24.3 % 2017 Tax Cuts and Jobs Act On December 22, 2017, the Tax Cuts and Jobs Act (H.R.1) (the “Tax Act”) was signed into law. The key impacts of the Tax Act on our financial statements during fiscal 2019 will be the reduction of our U.S. federal statutory income tax rate to 21% compared with the blended statutory income tax rate of 30.4% during fiscal 2018 and the creation of the Global Intangible Low Taxed Income Tax (“GILTI”). In order to calculate GILTI, provisional estimates were required based on (i) projection and estimates associated with U.S. and foreign pre-tax 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 Based on our assessments at July 29, 2018, July 30, 2017, and April 29, 2018, valuation allowances against our deferred income taxes pertain to the following jurisdictions: July 29, July 30, April 29, (dollars in thousands) 2018 2017 2018 U.S. foreign income tax credits $ 4,550 — 4,550 U.S. state loss carryforwards and credits 849 559 578 Polish loss carryforwards — 78 76 $ 5,399 637 5,204 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 July 29, 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 For fiscal 2019 and beyond, the Tax Act allows a U.S. corporation a 100% dividend received deduction for earnings and profits received from a 10% owned foreign corporation. Therefore, a deferred tax liability will be required for withholding taxes that are incurred by our foreign subsidiaries at the time earnings and profits are is distributed. As a result, at July 29, 2018 and April 29, 2018, we recorded a deferred income tax liability of $2.8 million and $4.3 million for withholding taxes on undistributed earnings and profits from our foreign subsidiaries. At July 30, 2017, which was prior to the Tax Act being signed into law, we recorded a deferred income tax liability of $810,000, which included U.S. and foreign withholding taxes totaling $45.4 million, offset by U.S. foreign income tax credits of $44.6 million. Uncertainty In Income Taxes 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 At July 29, 2018, we had a $820,000 total gross unrecognized income tax benefit, of which $440,000 and $380,000 were classified as income taxes payable- long-term and non-current non-current non-current At July 29, 2018, our $820,000 total gross unrecognized income tax benefit included $440,000 that, if recognized, would favorably affect the income tax rate in future periods. At July 30, 2017, our $12.4 million total gross unrecognized income tax benefit, included $487,000 that, if recognized, would favorably affect the income tax rate in future periods. At April 29, 2018, our $844,000 total gross unrecognized income tax benefit included $464,000 that, if recognized, would favorably affect the income tax rate in future periods. Our gross unrecognized income tax benefit of $820,000, relates to income tax positions for which significant change is currently not expected within the next year. This amount primarily relates to double taxation under applicable income tax treaties with foreign tax jurisdictions.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Jul. 29, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	19. 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 July 29, 2018, there were 1,026,651 shares available for future equity-based grants under our 2015 plan. Performance Based Restricted Stock Units Executive Management (NEOs) Fiscal 2019 We did not grant any performance based restricted stock units to NEOs during the first quarter of fiscal 2019. Fiscal 2018 On July 13, 2017, 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 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 was 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. Fiscal 2017 On July 14, 2016 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 this award. Key Employees and a Non-Employee Fiscal 2019 We did not grant any performance based restricted stock units to key employees or non-employees Fiscal 2018 and 2017 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: Date of Grant (3) Price Per Vesting 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 (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 Date of Grant (1) Price Per Vesting July 14, 2016 11,549 $ 24.75 (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 July 29, 2018, the end of our reporting period. The following table summarizes information related to our performance based restricted stock units that vested during the three-month periods ending July 29, 2018 and July 30, 2017: Fiscal Year Common Stock (3) Price Fiscal 2019 (1) 107,553 $ 3,466 $ 32.23 (4) Fiscal 2019 (2) 10,364 $ 320 $ 30.90 (5) Fiscal 2018 (1) 102,845 $ 1,820 $ 17.70 (4) Fiscal 2018 (2) 16,000 $ 520 $ 32.50 (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 2019 or 2018, respectively. Accordingly, the price per share represents the closing price of our common stock on the date the award vested. Overall We recorded a credit to compensation expense of $506,000 and a charge to compensation expense totaling $751,000 within selling, general, and administrative expenses for the three-month periods ending July 29, 2018 and July 30, 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, compensation cost will not be recognized and any recognized compensation cost would be reversed. At July 29, 2018, the remaining unrecognized compensation cost related to the performance based restricted stock units was $456,000, which is expected to be recognized over a weighted average vesting period of 1.4 years. Time Vested Restricted Stock Units Fiscal 2019 We did not grant any time vested restricted stock units to key employees or non-employees Fiscal 2018 Grant On July 13, 2017, an employee was granted 1,200 shares of time vested restricted stock units which will vest 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. During the first quarter of fiscal 2019, 1,200 shares of common stock associated with this grant vested and had a weighted average fair value of $39,000 or $32.50 per share. 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 $5,000 and $6,000 within selling, general, and administrative expense associated with our time vested restricted stock unit awards for the three-month periods ending July 29, 2018 and July 30, 2017, respectively. As of July 29, 2018, all awarded time vested restricted stock units had vested and therefore, no unrecognized compensation cost was remaining.

Statutory Reserves

Statutory Reserves	3 Months Ended
	Jul. 29, 2018
Text Block [Abstract]
Statutory Reserves	20. 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 July 29, 2018, the company’s statutory surplus reserve was $4.3 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 $4.3 million to assist with debt repayment, capital expenditures, and other expenses of the company’s business.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Jul. 29, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	21. 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 July 29, 2018, we had total amounts due regarding capital expenditures totaling $862,000, which pertained to outstanding vendor invoices, none of which were financed. The total amount outstanding of $862,000 is required to be paid based on normal credit terms. At July 30, 2017, and April 29, 2018, we had total amounts due regarding capital expenditures totaling $5.6 million and $1.8 million, respectively, of which $3.9 million and $1.4 million was financed and pertained to completed work for the construction of a new building (see below). Purchase Commitments – Capital Expenditures At July 29, 2018, we had open purchase commitments to acquire equipment for our mattress fabrics segment totaling $1.7 million. New Building 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 that was made in April 2016 with additional installment payments of $4.3 million that were made in fiscal 2017, $3.7 million that were made in fiscal 2018, with the final installment payment of $1.4 million made in May 2018 (first quarter of fiscal 2019). Interest was charged on the required outstanding installment payments for services that were previously rendered at a rate of $2.25% plus the current 30-day 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 was 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 12 for further details). This new building was placed into service in July 2017 (first quarter of fiscal 2018).

Common Stock Repurchase Program

Common Stock Repurchase Program	3 Months Ended
	Jul. 29, 2018
Text Block [Abstract]
Common Stock Repurchase Program	22. 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 three-month ended July 29, 2018, we purchased 2,990 shares of our common stock at a cost of $72,000. During the three-months ended July 30, 2017, we did not purchase any shares of our common stock. At July 29, 2018, we had $4.9 million available for repurchases of our common stock.

Dividend Program

Dividend Program	3 Months Ended
	Jul. 29, 2018
Text Block [Abstract]
Dividend Program	23. Dividend Program On August 29, 2018, we announced that our board of directors approved a quarterly cash dividend of $0.09 per share. This payment will be made on or about October 15, 2018, to shareholders of record as of October 1, 2018. During the three-months ended July 29, 2018, dividend payments totaled $1.1 million, which represented a quarterly dividend payment of $0.09 per share. During the three-months ended July 30, 2017, dividend payments totaled $3.6 million, of which $2.6 million represented a special cash dividend payment of $0.21 per share, and $1.0 million represented a quarterly dividend payment of $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.

Significant Accounting Polici31

Significant Accounting Policies (Policies)	3 Months Ended
	Jul. 29, 2018
Accounting Policies [Abstract]
Recently Adopted and Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers. 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, Recently Issued Accounting Pronouncements Leases In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), The FASB recently issued ASU No. 2018-11, “Leases (Topic 842): Targeted Improvements”, which allows entities to apply the transition provisions of the new standard at its adoption date instead of the earliest comparative period presented in the consolidated financial statements. This ASU allows entities to continue to use Topic 840, Leases , We are required to apply this guidance in our fiscal 2020 interim and annual financial statements and are currently assessing the impact the above guidance will have on our consolidated financial statements, but we expect this guidance to have a material impact on our financial position due to the requirement to recognize right-of-use assets and lease liabilities on our Consolidated Balance Sheets.

Business Combinations (Tables)

Business Combinations (Tables)	3 Months Ended
	Jul. 29, 2018
Schedule of Unaudited Pro Forma Consolidated Results of Operations	The following unaudited pro forma consolidated results of operations for the three-month periods ending July 29, 2018, and July 30, 2017, have been prepared as if the acquisitions of Read had occurred on May 2, 2016 and eLuxury had occurred on May 1, 2017. Three Months Ended (dollars in thousands, except per share data) July 29, 2018 July 30, 2017 Net Sales $ 74,598 $ 88,739 Income from operations 2,073 6,867 Net income 939 4,875 Net income (loss)—noncontrolling interest — (85 ) Net income – Culp Inc. common shareholders 939 4,959 Net income per share (basic) – Culp Inc. common shareholders 0.08 0.40 Net income per share (diluted) – Culp Inc. common shareholders 0.07 0.39
Read Window Products, LLC [Member]
Schedule of Allocation of Acquisition Cost to Assets Acquired and Liabilities Assumed	The following table presents the final allocation of the acquisition cost to the assets acquired and liabilities assumed based on their fair values. (dollars in thousands) Fair Value Customer relationships $ 2,247 Goodwill 2,107 Inventory 1,128 Accounts receivable 897 Tradename 683 Property, plant & equipment 379 Other assets 35 Deferred revenue (903 ) Accounts payable (719 ) Accrued expenses (174 ) $ 5,680
eLuxury [Member]
Schedule of Allocation of Acquisition Cost to Assets Acquired and Liabilities Assumed	The following table presents the preliminary allocation of the acquisition cost to the assets acquired and liabilities assumed based on their fair values. (dollars in thousands) Fair Value Goodwill $ 13,653 Tradename 6,549 Equipment 2,179 Inventory 1,804 Accounts receivable and other current assets 108 Accounts payable (1,336 ) Accrued expenses (295 ) Non-controlling (4,532 ) $ 18,130

Accounts Receivable (Tables)

Accounts Receivable (Tables)	3 Months Ended
	Jul. 29, 2018
Receivables [Abstract]
Summary of Accounts Receivable	A summary of accounts receivable follows: (dollars in thousands) July 29, 2018 July 30, 2017 April 29, 2018 Customers $ 23,793 $ 23,548 $ 28,097 Allowance—doubtful accounts (366 ) (325 ) (357 ) Allowance—cash discounts (150 ) (238 ) (245 ) Allowance—sales returns & allowances (1) (52 ) (845 ) (1,188 ) $ 23,225 $ 22,140 $ 26,307 (1) Due to the adoption of ASC Topic 606, Revenue from Contracts with Customers,
Summary of the Activity in the Allowance for Doubtful Accounts	A summary of the activity in the allowance for doubtful accounts follows: Three months ended (dollars in thousands) July 29, 2018 July 30, 2017 Beginning balance $ (357 ) $ (414 ) Provision for bad debts (9 ) 89 Net write-offs, net of recoveries — — Ending balance $ (366 ) $ (325 )
Summary of the Activity in the Allowance for Returns and Allowances and Discounts	A summary of the activity in the allowances for sales returns and allowances and cash discounts follows: Three months ended (dollars in thousands) July 29, 2018 July 30, 2017 Beginning balance $ (1,433 ) $ (1,220 ) Adoption of ASC Topic 606 (1) 1,145 — Provision for returns, allowances and discounts (487 ) (628 ) Credits issued 573 765 Ending balance $ (202 ) $ (1,083 )

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Jul. 29, 2018
Revenue from Contract with Customer [Abstract]
Summary of Adjustments Due to ASC 606 Adoption	The cumulative effect of the classification changes related to our allowances for sales returns on our April 30, 2018, balance sheet are as follows: (dollars in thousands) Balance at Adjustments Due to Balance at Balance Sheet Assets: Accounts Receivable $ 26,307 $ 1,145 $ 27,452 Other Current Assets 2,870 27 2,897 Liabilities: Accrued Expenses 9,325 1,172 10,497 (1) The adjustments associated with the adoption of the new standard are related to classifying allowances for estimated sales returns as a liability rather than as a contra account to accounts receivable on the consolidated balance sheet for the current year’s presentation only. As required under the new standard, we also recorded the estimated allowance for sales returns on a gross basis rather than a net basis by separately reflecting a return goods asset within other current assets rather than netting it with the estimated sales returns liability. Currently, we expect the adoption of this new standard to be immaterial to our net income on an ongoing basis. The effect of adopting ASC 606 on our Consolidated Statements of Net Income and Consolidated Balance Sheets for the three months ended July 29, 2018, are as follows: (dollars in thousands) Three Months Adjustments Due to Balances Without Statements of Net Income Net Sales $ 71,473 $ (40 ) $ 71,433 Cost of Sales 60,914 (40 ) 60,874 Balance Sheet Assets: Accounts Receivable $ 23,225 $ 1,123 $ 24,348 Other Current Assets 3,852 (40 ) 3,812 Liabilities: Accrued Expenses $ 8,176 1,163 $ 9,339 (1) The adjustments associated with the adoption of the new standard are related to classifying allowances for estimated sales returns as a liability rather than as a contra account to accounts receivable on the consolidated balance sheet for the current year’s presentation only. As required under the new standard, we also recorded the estimated allowance for sales returns on a gross basis rather than a net basis by separately reflecting a return goods asset within other current assets rather than netting it with the estimated sales returns liability.
Summary of Activity for Deferred Revenue	A summary of the activity for deferred revenue follows: (dollars in thousands) Three Months Ended Balance as of April 29, 2018 $ 809 Revenue recognized on contract liabilities during the period (742 ) Payments received for services not yet rendered during the period 567 Balance as of July 29, 2018 $ 634
Summary of Disaggregation of Revenue	The following table presents our disaggregated revenue by segment, timing of revenue recognition, and product sales versus services rendered for the three-month period ending July 29, 2018. Net Sales (dollars in thousands) Mattress Fabrics Upholstery Fabrics Total Products transferred at a point in time $ 36,983 $ 31,821 $ 68,804 Services transferred over time — 2,669 2,669 Total Net Sales $ 36,983 $ 34,490 $ 71,473

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Jul. 29, 2018
Inventory Disclosure [Abstract]
Summary of Inventories	A summary of inventories follows: (dollars in thousands) July 29, 2018 July 30, 2017 April 29, 2018 Raw materials $ 5,291 $ 6,956 $ 6,024 Work-in-process 2,413 2,782 3,264 Finished goods 47,285 45,489 44,166 $ 54,989 $ 55,227 $ 53,454

Other Noncurrent Assets (Tables

Other Noncurrent Assets (Tables)	3 Months Ended
	Jul. 29, 2018
Summary of Other Noncurrent Assets	A summary of other noncurrent assets follows: (dollars in thousands) July 29, 2018 July 30, 2017 April 29, 2018 Tradenames $ 7,232 $ — $ 683 Customer relationships, net 2,764 651 2,839 Non-compete 734 809 753 Cash surrender value – life insurance 393 376 393 Other 517 561 564 $ 11,640 $ 2,397 $ 5,232
Summary of Acquired Tradenames	A summary of the carrying amount of our tradenames from our recent acquisitions (see Note 3) follow: (dollars in thousands) July 29, 2018 July 30, 2017 April 29, 2018 Read $ 683 $ — $ 683 eLuxury 6,549 — — $ 7,232 $ — $ 683
Non-compete Agreement [Member]
Summary of Change in Carrying Amount of Finite-Lived Intangible Assets	A summary of the change in the carrying amount of our non-compete Three months ended (dollars in thousands) July 29, 2018 July 30, 2017 Beginning balance $ 753 $ 828 Amortization expense (19 ) (19 ) Loss on impairment — — Ending balance $ 734 $ 809
Customer Relationships [Member]
Summary of Change in Carrying Amount of Finite-Lived Intangible Assets	A summary of the change in the carrying amount of our customer relationships follows: Three months ended (dollars in thousands) July 29, 2018 July 30, 2017 Beginning balance $ 2,839 $ 664 Acquisition of assets — — Amortization expense (75 ) (13 ) Loss on impairment — — Ending balance $ 2,764 $ 651

Goodwill (Tables)

Goodwill (Tables)	3 Months Ended
	Jul. 29, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Change in Carrying Amount of Goodwill	A summary of the change in the carrying amount of goodwill follows: Three months ended (dollars in thousands) July 29, 2018 July 30, 2017 Beginning balance $ 13,569 $ 11,462 Acquisition of business (see note 3) 13,653 — Loss on impairment — — Ending balance $ 27,222 $ 11,462

Investment in Unconsolidated 38

Investment in Unconsolidated Joint Venture (Tables)	3 Months Ended
	Jul. 29, 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: (dollars in thousands) July 29, 2018 July 30, 2017 April 29, 2018 Total assets $ 3,153 $ 3,003 $ 3,130 Total liabilities $ 103 $ 48 $ 128 Total members’ equity $ 3,050 $ 2,955 $ 3,002

Accrued Expenses (Tables)

Accrued Expenses (Tables)	3 Months Ended
	Jul. 29, 2018
Text Block [Abstract]
Summary of Accrued Expenses	A summary of accrued expenses follows: (dollars in thousands) July 29, 2018 July 30, 2017 April 29, 2018 Compensation, commissions and related benefits $ 3,719 $ 4,535 $ 6,918 Interest 12 19 20 Other accrued expenses 5,194 1,521 3,150 $ 8,925 $ 6,075 $ 10,088

Fair Value of Financial Instr40

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Jul. 29, 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 July 29, 2018 using: Quoted prices Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 6,749 N/A N/A $ 6,749 Large Blend Fund 438 N/A N/A 438 Growth Allocation Fund 180 N/A N/A 180 Moderate Allocation Fund 117 N/A N/A 117 Other 187 N/A N/A 187 Liabilities: Euro Foreign Currency Cash Flow Hedge N/A $ 40 N/A $ 40 Fair value measurements at July 30, 2017 using: Quoted prices Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 5,991 N/A N/A $ 5,991 Low Duration Bond Fund 1,085 N/A N/A 1,085 Intermediate Term Bond Fund 762 N/A N/A 762 Strategic Income Fund 622 N/A N/A 622 Large Blend Fund 381 N/A N/A 381 Growth Allocation Fund 140 N/A N/A 140 Moderate Allocation Fund 102 N/A N/A 102 Other 100 N/A N/A 100 Fair value measurements at April 29, 2018 using: Quoted prices Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 6,492 N/A N/A $ 6,492 Low Duration Bond Fund 1,085 N/A N/A 1,085 Intermediate Term Bond Fund 747 N/A N/A 747 Strategic Income Fund 619 N/A N/A 619 Large Blend Fund 402 N/A N/A 402 Growth Allocation Fund 169 N/A N/A 169 Moderate Allocation Fund 113 N/A N/A 113 Other 150 N/A N/A 150 Liabilities: EURO Foreign Currency Cash Flow Hedge N/A $ 55 N/A $ 55
Schedule of Assets Measured at Fair Value on a Nonrecurring Basis	At July 29, 2018, we had no assets that were required to be measured at fair value on a nonrecurring basis other than the assets acquired from eLuxury (see note 3) that were acquired at fair value: Fair value measurements at July 29, 2018 using: Quoted prices in Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Goodwill N/A N/A $ 13,653 $ 13,653 Tradename N/A N/A 6,549 6,549 Equipment N/A N/A 2,179 2,179 Inventory N/A N/A 1,804 1,804 Liabilities: Contingent Consideration – Earn-Out N/A N/A $ 5,600 $ 5,600 At April 29, 2018, we had no assets that were required to be measured at fair value on a nonrecurring basis other than the assets acquired from Read (see note 3) that were acquired at fair value: Fair value measurements at April 29, 2018 using: Quoted prices in Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Customer Relationships N/A N/A $ 2,247 $ 2,247 Goodwill N/A N/A 2,107 2,107 Inventory N/A N/A 1,128 1,128 Tradename N/A N/A 683 683 Equipment N/A N/A 379 379 Liabilities: None N/A N/A N/A N/A

Derivatives (Tables)

Derivatives (Tables)	3 Months Ended
	Jul. 29, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Value of Derivative Instruments	ASC Topic 815 requires disclosure of gains and losses on derivative instruments in the following tabular format. (Amounts in Thousands) July 29, 2018 April 29, 2018 Derivatives designated as hedging instruments under ASC Topic 815 Balance Fair Balance Fair Euro Foreign Exchange Contract Accrued Expenses $ 40 Accrued Expenses $ 55
Schedule of Gains and Losses on Derivative Instruments	At July 30, 2017, we did not have any derivatives designated as hedging instruments under ASC Topic 815. Derivatives in ASC Topic 815 Net Investment Hedging Relationships Amt of Gain (Loss) (net of tax) Location of Gain or from Accumulated OCI (Effective Portion) Amount of Gain or (Loss) Location of Gain or (Loss) Recognized in Amount of Gain (loss) (net of tax) Three Three Three Three Three Three EURO Foreign Exchange Contract $ 15 $ — Other Exp $ (40 ) $ — Other Exp $ — $ —

Cash Flow Information (Tables)

Cash Flow Information (Tables)	3 Months Ended
	Jul. 29, 2018
Supplemental Cash Flow Elements [Abstract]
Schedule of Interest and Income Taxes Paid	Interest and income taxes paid are as follows: Three months ended (dollars in thousands) July 29, 2018 July 30, 2017 Interest $ 24 $ 83 Income taxes 3,223 536

Net Income Per Share (Tables)

Net Income Per Share (Tables)	3 Months Ended
	Jul. 29, 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 income per share follows: Three months ended (amounts in thousands) July 29, 2018 July 30, 2017 Weighted average common shares outstanding, basic 12,510 12,399 Dilutive effect of stock-based compensation 90 191 Weighted average common shares outstanding, diluted 12,600 12,590

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Jul. 29, 2018
Segment Reporting [Abstract]
Schedule of Operating Segments Information	Financial information for the company’s operating segments follows: Three months ended July 29, 2018 July 30, 2017 Net sales: Mattress Fabrics $ 36,983 $ 48,429 Upholstery Fabrics 34,490 31,104 $ 71,473 $ 79,533 Gross profit: Mattress Fabrics $ 5,971 $ 9,760 Upholstery Fabrics 6,153 6,705 $ 12,124 $ 16,465 Restructuring related charges (1) (1,565 ) — $ 10,559 $ 16,465 Selling, general, and administrative expenses Mattress Fabrics $ 3,148 $ 3,391 Upholstery Fabrics 3,626 3,811 Total segment selling, general, and administrative expenses 6,774 7,202 Unallocated corporate expenses 1,259 2,299 $ 8,033 $ 9,501 Income from operations: Mattress Fabrics $ 2,823 $ 6,368 Upholstery Fabrics 2,527 2,895 Total segment income from operations 5,350 9,263 Unallocated corporate expenses (1,259 ) (2,299 ) Restructuring expense and related charges (2) (2,016 ) — Total income from operations 2,075 6,964 Interest expense (20 ) — Interest income 150 131 Other expense (257 ) (353 ) Income before income taxes $ 1,948 $ 6,742 (1) The $1.6 million represents a restructuring related charge for inventory markdowns associated with the closing of our upholstery fabrics operation located in Anderson, SC. (2) The $2.0 million represents the $1.6 million restructuring related charge noted above and a restructuring charge of $451 for employee termination benefits associated with the closing of our upholstery fabrics operation located in Anderson, SC. Balance sheet information for the company’s operating segments follows: (dollars in thousands) July 29, 2018 July 30, 2017 April 29, 2018 Segment assets: Mattress Fabrics Current assets (1) $ 45,085 $ 46,750 $ 43,935 Tradename 6,549 — — Non-compete 734 809 753 Customer relationships 600 651 613 Investment in unconsolidated joint venture 1,525 1,477 1,501 Goodwill 25,115 11,462 11,462 Property, plant and equipment (2) 50,297 50,270 48,797 Total mattress fabrics assets 129,905 111,419 107,061 Upholstery Fabrics Current assets (1) 33,129 30,617 35,826 Goodwill 2,107 — 2,107 Customer relationships 2,164 — 2,226 Tradename 683 — 683 Property, plant and equipment (3) 2,370 1,857 2,445 Total upholstery fabrics assets 40,453 32,474 43,287 Total segment assets 170,358 143,893 150,348 Non-segment Cash and cash equivalents 8,593 18,322 21,228 Short-term investments (Available for Sale) — 2,469 2,451 Short-term investments (Held-to-Maturity) 30,756 — 25,759 Deferred income taxes 3,721 436 1,458 Other current assets 3,852 3,441 2,870 Property, plant and equipment (4) 511 785 552 Long-term investments (Held-to-Maturity) — 30,907 5,035 Long-term investments (Rabbi Trust) 7,671 6,714 7,326 Other assets 910 937 957 Total assets $ 226,372 $ 207,904 $ 217,984 Three months ended (dollars in thousands) July 29, 2018 July 30, 2017 Capital expenditures (5): Mattress Fabrics $ 1,198 $ 2,967 Upholstery Fabrics 57 85 Unallocated Corporate — 16 Total capital expenditures $ 1,255 $ 3,068 Depreciation expense: Mattress Fabrics $ 1,800 $ 1,612 Upholstery Fabrics 215 195 Total depreciation expense $ 2,015 $ 1,807 (1) Current assets represent accounts receivable and inventory for the respective segment. (2) The $50.3 million at July 29, 2018, represents property, plant, and equipment of $37.2 million and $13.1 million located in the U.S. and Canada, respectively. The $50.3 million at July 30, 2017, represents property, plant, and equipment of $35.8 million and $14.5 million located in the U.S. and Canada, respectively. The $48.8 million at April 29, 2018, represents property, plant, and equipment of $35.4 million and $13.4 million located in the U.S. and Canada, respectively. (3) The $2.4 million at July 29, 2018, represents property, plant, and equipment of $1.8 million and $616 located in the U.S. and China, respectively. The $1.9 million at July 30, 2017, represents property, plant, and equipment of $1.2 million and $684 located in the U.S. and China, respectively. The $2.4 million at April 29, 2018, represents property, plant, and equipment of $1.8 million and $661 located in the U.S. and China, respectively. (4) The $511, $785, and $552 at July 29, 2018, July 30, 2017 and April 29, 2018, respectively, represent property, plant, and equipment associated with unallocated corporate departments and corporate departments shared by both the mattress and upholstery fabric segments. Property, plant, and equipment associated with corporate are located in the U.S. (5) Capital expenditure amounts are stated on the accrual basis. See Consolidated Statements of Cash Flows for capital expenditure amounts on a cash basis.

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Jul. 29, 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: 2019 2018 Federal income tax rate 21.0 % 34.0 % Change in estimate of U.S. valuation allowance 8.6 1.4 Foreign income tax rate differential 8.3 (1.3 ) Global Intangible Low Taxed Income Tax (GILTI) 2.5 — Tax effects of Chinese foreign exchange (losses) gains 2.1 (0.9 ) Excess income tax deficiency (benefits) related to stock-based compensation 1.7 (8.2 ) Other 2.3 (0.7 ) 46.5 % 24.3 %
Summary of Valuation Allowances Against Deferred Income Taxes	Based on our assessments at July 29, 2018, July 30, 2017, and April 29, 2018, valuation allowances against our deferred income taxes pertain to the following jurisdictions: July 29, July 30, April 29, (dollars in thousands) 2018 2017 2018 U.S. foreign income tax credits $ 4,550 — 4,550 U.S. state loss carryforwards and credits 849 559 578 Polish loss carryforwards — 78 76 $ 5,399 637 5,204

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Jul. 29, 2018
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 three-month periods ending July 29, 2018 and July 30, 2017: Fiscal Year Common Stock (3) Price Fiscal 2019 (1) 107,553 $ 3,466 $ 32.23 (4) Fiscal 2019 (2) 10,364 $ 320 $ 30.90 (5) Fiscal 2018 (1) 102,845 $ 1,820 $ 17.70 (4) Fiscal 2018 (2) 16,000 $ 520 $ 32.50 (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 2019 or 2018, 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: Date of Grant (3) Price Per Vesting 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 (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 Date of Grant (1) Price Per Vesting July 14, 2016 11,549 $ 24.75 (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 July 29, 2018, the end of our reporting period.

Business Combinations (Detail)

Business Combinations (Detail) - USD ($)	Jun. 22, 2018	Apr. 01, 2018	Sep. 30, 2019	Jun. 30, 2019	Aug. 31, 2018	May 31, 2018	Jul. 29, 2018	Apr. 29, 2018
Business Acquisition [Line Items]
Contingent consideration-earn-out obligation							$ 5,600,000
Carrying amount of non-controlling interest							4,540,000
Net income attributable to non-controlling interest							$ 8,000
Read Window Products, LLC [Member]
Business Acquisition [Line Items]
Base purchase price of consideration transferred		$ 5,700,000
Payment for acquisition		$ 4,500,000				$ 375,000
Goodwill, statutory period deductible for income tax purposes							15 years
Contingent consideration arrangement, description							The Asset Agreement contains a contingent consideration arrangement that requires us to pay a former shareholder of Read and earn-out payment based on adjusted EBITDA as defined in the agreement for calendar year 2018 in excess of fifty percent of a pre-established adjusted EBITDA target as defined in the agreement.
Contingent consideration arrangement, basis for amount							Based on historical and projected financial results in relation to the pre-established adjusted EBITDA target, we currently believe a contingent payment will not be made, and therefore, no contingent liability has been recorded.
Contingent liability							$ 0
eLuxury [Member]
Business Acquisition [Line Items]
Base purchase price of consideration transferred	$ 12,500,000
Payment for acquisition	$ 11,600,000
Goodwill, statutory period deductible for income tax purposes							15 years
Contingent consideration arrangement, description							The Equity Agreement contains a contingent consideration arrangement that requires us to pay the seller who is also the shareholder of the noncontrolling interest an earn-out payment based on eLuxury’s adjusted EBITDA for the twelve month period ending August 31, 2021, as defined in the Equity Agreement.
Contingent consideration arrangement, basis for amount							We recorded a contingent liability for this earn-out obligation at its fair value totaling $5.6 million based on the Black Scholes pricing model.
Majority ownership percentage acquired	80.00%
Consideration for acquisition	$ 18,130,000
Contingent consideration-earn-out obligation	$ 5,600,000
Noncontrolling interest	20.00%
Carrying amount of non-controlling interest							$ 4,540,000
Non-controlling interest	$ 4,532,000
Net income attributable to non-controlling interest							8,000
Revenue							2,600,000
Net income							27,000
Selling, General and Administrative Expenses [Member] | Read Window Products, LLC [Member]
Business Acquisition [Line Items]
Business acquisition costs								$ 339,000
Selling, General and Administrative Expenses [Member] | eLuxury [Member]
Business Acquisition [Line Items]
Business acquisition costs							$ 270,000
Customer Relationships [Member] | Read Window Products, LLC [Member]
Business Acquisition [Line Items]
Finite-lived intangible assets, useful life							9 years
Minimum [Member] | Equipment [Member] | Read Window Products, LLC [Member]
Business Acquisition [Line Items]
Property, plant and equipment, useful life							3 years
Minimum [Member] | Equipment [Member] | eLuxury [Member]
Business Acquisition [Line Items]
Property, plant and equipment, useful life							5 years
Maximum [Member] | Equipment [Member] | Read Window Products, LLC [Member]
Business Acquisition [Line Items]
Property, plant and equipment, useful life							10 years
Maximum [Member] | Equipment [Member] | eLuxury [Member]
Business Acquisition [Line Items]
Property, plant and equipment, useful life							10 years
Subsequent Event [Member] | eLuxury [Member]
Business Acquisition [Line Items]
Payment for acquisition					$ 185,000
Scenario, Forecast [Member] | Read Window Products, LLC [Member]
Business Acquisition [Line Items]
Payment for acquisition				$ 763,000
Scenario, Forecast [Member] | eLuxury [Member]
Business Acquisition [Line Items]
Payment for acquisition			$ 749,000
Shareholders' equity attributable to Culp Inc. | eLuxury [Member]
Business Acquisition [Line Items]
Net income (loss) allocation percentage	70.00%
Non-Controlling Interest | eLuxury [Member]
Business Acquisition [Line Items]
Net income (loss) allocation percentage	30.00%

Business Combinations - Schedul

Business Combinations - Schedule of Allocation of Acquisition Cost to Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Thousands	Jul. 29, 2018	Jun. 22, 2018	Apr. 29, 2018	[1]	Apr. 01, 2018	Jul. 30, 2017	Apr. 30, 2017
Business Acquisition [Line Items]
Goodwill	$ 27,222		$ 13,569			$ 11,462	$ 11,462
Read Window Products, LLC [Member]
Business Acquisition [Line Items]
Goodwill					$ 2,107
Inventory					1,128
Accounts receivable					897
Accounts payable					(719)
Accrued expenses					(174)
Property, plant & equipment					379
Other assets					35
Deferred revenue					(903)
Assets acquired and liabilities assumed, net					5,680
Read Window Products, LLC [Member] | Trade Names [Member]
Business Acquisition [Line Items]
Tradename					683
Read Window Products, LLC [Member] | Customer Relationships [Member]
Business Acquisition [Line Items]
Customer relationships					$ 2,247
eLuxury [Member]
Business Acquisition [Line Items]
Goodwill		$ 13,653
Inventory		1,804
Accounts receivable and other current assets		108
Accounts payable		(1,336)
Accrued expenses		(295)
Non-controlling interest in eLuxury		(4,532)
Assets acquired and liabilities assumed, net		18,130
eLuxury [Member] | Equipment [Member]
Business Acquisition [Line Items]
Property, plant & equipment		2,179
eLuxury [Member] | Trade Names [Member]
Business Acquisition [Line Items]
Tradename		$ 6,549
[1]	Derived from audited financial statements.

Business Combinations - Sched49

Business Combinations - Schedule of Unaudited Pro Forma Consolidated Results of Operations (Detail) - Read Window Products, LLC and eLuxury [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Jul. 29, 2018	Jul. 30, 2017
Business Acquisition [Line Items]
Net Sales	$ 74,598	$ 88,739
Income from operations	2,073	6,867
Net income	939	4,875
Net income (loss)-noncontrolling interest		(85)
Net income - Culp Inc. common shareholders	$ 939	$ 4,959
Net income per share (basic) - Culp Inc. common shareholders	$ 0.08	$ 0.40
Net income per share (diluted) - Culp Inc. common shareholders	$ 0.07	$ 0.39

Accounts Receivable (Detail)

Accounts Receivable (Detail) - USD ($) $ in Thousands		Jul. 29, 2018	Apr. 30, 2018	Apr. 29, 2018		Jul. 30, 2017	Apr. 30, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customers		$ 23,793		$ 28,097		$ 23,548
Accounts receivable, net		23,225	$ 27,452	26,307	[1]	22,140
Allowance for doubtful accounts [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Valuation allowance, balance		(366)		(357)		(325)	$ (414)
Allowance for cash discounts [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Valuation allowance, balance		(150)		(245)		(238)
Allowance for sales returns and allowances [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Valuation allowance, balance	[2]	$ (52)		$ (1,188)		$ (845)
[1]	Derived from audited financial statements.
[2]	Due to the adoption of ASC Topic 606, Revenue from Contracts with Customers, certain balance sheet reclassifications were required regarding our allowance for sales returns and allowances for the current year's presentation only. See Note 5 to the consolidated financial statements for required balance sheet disclosures associated with the adoption of ASC Topic 606.

Accounts Receivable - Allowance

Accounts Receivable - Allowance for Doubtful Accounts (Detail) - Allowance for doubtful accounts [Member] - USD ($) $ in Thousands	3 Months Ended
	Jul. 29, 2018	Jul. 30, 2017
Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning balance	$ (357)	$ (414)
Provision for bad debts	(9)	89
Net write-offs, net of recoveries	0	0
Ending balance	$ (366)	$ (325)

Accounts Receivable - Allowan52

Accounts Receivable - Allowance for Returns and Allowances and Discounts (Detail) - Reserve for returns and allowances and discounts [Member] - USD ($) $ in Thousands		3 Months Ended
		Jul. 29, 2018	Jul. 30, 2017
Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning balance		$ (1,433)	$ (1,220)
Provision for returns, allowances and discounts		(487)	(628)
Credits issued		573	765
Ending balance		(202)	$ (1,083)
Adjustments Due to ASC 606 Adoption [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Adoption of ASC Topic 606	[1]	$ 1,145
[1]	Due to the adoption of ASC Topic 606, Revenue from Contracts with Customers, certain balance sheet reclassifications were required regarding our allowance for sales returns and allowances for the current year's presentation only. See Note 5 to the consolidated financial statements for required balance sheet disclosures associated with the adoption of ASC Topic 606.

Revenue - Effect of adopting AS

Revenue - Effect of adopting ASC 606 (Detail) - USD ($) $ in Thousands		3 Months Ended
		Jul. 29, 2018	Jul. 30, 2017	Apr. 30, 2018	Apr. 29, 2018
Statements of Net Income
Net sales		$ 71,473	$ 79,533
Cost of sales		60,914	63,068
Assets
Accounts Receivable		23,225	22,140	$ 27,452	$ 26,307	[1]
Other current assets		3,852	3,441	2,897	2,870	[1]
Liabilities:
Accrued expenses		8,176	$ 6,075	$ 10,497	9,325	[1]
Accounting Standards Update 2014-09 [Member] | Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Statements of Net Income
Net sales		71,433
Cost of sales		60,874
Assets
Accounts Receivable		24,348			26,307
Other current assets		3,812			2,870
Liabilities:
Accrued expenses		9,339			9,325
Accounting Standards Update 2014-09 [Member] | Adjustments Due to ASC 606 Adoption [Member]
Statements of Net Income
Net sales	[2]	(40)
Cost of sales	[2]	(40)
Assets
Accounts Receivable	[2]	1,123			1,145
Other current assets	[2]	(40)			27
Liabilities:
Accrued expenses	[2]	$ 1,163			$ 1,172
[1]	Derived from audited financial statements.
[2]	The adjustments associated with the adoption of the new standard are related to classifying allowances for estimated sales returns as a liability rather than as a contra account to accounts receivable on the consolidated balance sheet for the current year's presentation only. As required under the new standard, we also recorded the estimated allowance for sales returns on a gross basis rather than a net basis by separately reflecting a return goods asset within other current assets rather than netting it with the estimated sales returns liability.

Revenue - Narrative (Detail)

Revenue - Narrative (Detail)	3 Months Ended
	Jul. 29, 2018USD ($)
Disaggregation of Revenue [Line Items]
Contract assets recognized	$ 0
Minimum [Member]
Disaggregation of Revenue [Line Items]
Contract with customers credit period	15 days
Maximum [Member]
Disaggregation of Revenue [Line Items]
Contract with customers credit period	45 days

Revenue - Summary of the activi

Revenue - Summary of the activity for deferred revenue (Detail) $ in Thousands	3 Months Ended
	Jul. 29, 2018USD ($)
Revenue from Contract with Customer [Abstract]
Beginning balance	$ 809	[1]
Revenue recognized on contract liabilities during the period	(742)
Payments received for services not yet rendered during the period	567
Ending balance	$ 634
[1]	Derived from audited financial statements.

Revenue - Disaggregation of Rev

Revenue - Disaggregation of Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jul. 29, 2018	Jul. 30, 2017
Disaggregation of Revenue [Line Items]
Total Net Sales	$ 71,473	$ 79,533
Transferred at Point in Time [Member] | Product [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	68,804
Transferred over Time [Member] | Services [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	2,669
Mattress Fabrics [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	36,983
Mattress Fabrics [Member] | Transferred at Point in Time [Member] | Product [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	36,983
Upholstery Fabrics [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	34,490
Upholstery Fabrics [Member] | Transferred at Point in Time [Member] | Product [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	31,821
Upholstery Fabrics [Member] | Transferred over Time [Member] | Services [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	$ 2,669

Inventories (Detail)

Inventories (Detail) - USD ($) $ in Thousands	Jul. 29, 2018	Apr. 29, 2018		Jul. 30, 2017
Inventory Disclosure [Abstract]
Raw materials	$ 5,291	$ 6,024		$ 6,956
Work-in-process	2,413	3,264		2,782
Finished goods	47,285	44,166		45,489
Inventories	$ 54,989	$ 53,454	[1]	$ 55,227
[1]	Derived from audited financial statements.

Other Noncurrent Assets - Summa

Other Noncurrent Assets - Summary of other noncurrent assets (Detail) - USD ($) $ in Thousands	Jul. 29, 2018	Apr. 29, 2018		Jul. 30, 2017	Apr. 30, 2017
Other Assets, Noncurrent [Abstract]
Tradenames	$ 7,232	$ 683
Customer relationships, net	2,764	2,839		$ 651	$ 664
Non-compete agreement, net	734	753		809	$ 828
Cash surrender value - life insurance	393	393		376
Other	517	564		561
Other noncurrent assets	$ 11,640	$ 5,232	[1]	$ 2,397
[1]	Derived from audited financial statements.

Other Noncurrent Assets - Trade

Other Noncurrent Assets - Tradenames (Detail) - USD ($) $ in Thousands	Jul. 29, 2018	Apr. 29, 2018
Finite-Lived Intangible Assets [Line Items]
Tradenames	$ 7,232	$ 683
Read Window Products, LLC [Member]
Finite-Lived Intangible Assets [Line Items]
Tradenames	683	$ 683
eLuxury [Member]
Finite-Lived Intangible Assets [Line Items]
Tradenames	$ 6,549

Other Noncurrent Assets - Sum60

Other Noncurrent Assets - Summary of Change in Carrying Amount of Finite-Lived Intangible Assets (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jul. 29, 2018	Jul. 30, 2017
Finite-Lived Intangible Assets [Line Items]
Customer Relationships, Beginning balance	$ 2,839	$ 664
Customer Relationships, Ending balance	2,764	651
Non-compete agreement, Beginning balance	753	828
Non-compete agreement, Ending balance	734	809
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Acquisition of assets	0	0
Amortization expense	(75)	(13)
Loss on impairment	0	0
Non-compete Agreement [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization expense	(19)	(19)
Loss on impairment	$ 0	$ 0

Other Noncurrent Assets - Narra

Other Noncurrent Assets - Narrative (Detail)	3 Months Ended
	Jul. 29, 2018USD ($)Contract	Apr. 29, 2018USD ($)Contract	Apr. 01, 2018USD ($)	Jul. 30, 2017USD ($)Contract	Apr. 30, 2017USD ($)
Other Assets [Line Items]
Customer relationships, net	$ 2,764,000	$ 2,839,000		$ 651,000	$ 664,000
Gross carrying amount of customer relationships	3,100,000	3,100,000		868,000
Gross carrying amount of non-compete agreement	$ 2,000,000	$ 2,000,000		$ 2,000,000
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	393,000	393,000		376,000
Prior Acquisition [Member]
Other Assets [Line Items]
Customer relationships, net	600,000
Non-compete Agreement [Member]
Other Assets [Line Items]
Accumulated amortization	1,300,000	1,300,000		1,200,000
Remaining amortization expense for the fiscal year	56,000
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	$ 378,000
Weighted average remaining amortization period	9 years 9 months 18 days
Non-compete Agreement [Member] | Prior Acquisition [Member]
Other Assets [Line Items]
Useful life	15 years
Customer Relationships [Member]
Other Assets [Line Items]
Accumulated amortization	$ 351,000	$ 276,000		$ 217,000
Remaining amortization expense for the fiscal year	226,000
Remaining amortization expense for the second fiscal year	301,000
Remaining amortization expense for the third fiscal year	301,000
Remaining amortization expense for the fourth fiscal year	301,000
Remaining amortization expense for the fifth fiscal year	301,000
Remaining amortization expense for the fiscal year thereafter	$ 1,334,000
Weighted average remaining amortization period	9 years 4 months 24 days
Customer Relationships [Member] | Read Window Products, LLC [Member]
Other Assets [Line Items]
Fair market value of customer relationship			$ 2,247,000
Useful life	9 years
Customer Relationships [Member] | Prior Acquisition [Member]
Other Assets [Line Items]
Useful life	17 years

Goodwill (Detail)

Goodwill (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jul. 29, 2018		Jul. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Beginning balance	$ 13,569	[1]	$ 11,462
Acquisition of business	13,653
Loss on impairment	0		0
Ending balance	$ 27,222		$ 11,462
[1]	Derived from audited financial statements.

Investment in Unconsolidated 63

Investment in Unconsolidated Joint Venture - Narrative (Detail) - USD ($)	3 Months Ended
	Jul. 29, 2018	Jul. 30, 2017	Apr. 29, 2018
Schedule of Equity Method Investments [Line Items]
Loss from investment in unconsolidated joint venture	$ (77,000)	$ (118,000)
Investment in unconsolidated joint venture	$ 1,525,000	1,477,000	$ 1,501,000	[1]
CLIH [Member]
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	50.00%
Unconsolidated joint venture, net loss	$ (154,000)	(236,000)
Loss from investment in unconsolidated joint venture	(77,000)	(118,000)
Investment in unconsolidated joint venture	$ 1,525,000	$ 1,477,000	$ 1,501,000
[1]	Derived from audited financial statements.

Investment in Unconsolidated 64

Investment in Unconsolidated Joint Venture - Summary of Equity Method Investment (Detail) - CLIH [Member] - USD ($) $ in Thousands	Jul. 29, 2018	Apr. 29, 2018	Jul. 30, 2017
Schedule of Equity Method Investments [Line Items]
Total assets	$ 3,153	$ 3,130	$ 3,003
Total liabilities	103	128	48
Total members' equity	$ 3,050	$ 3,002	$ 2,955

Accrued Expenses (Detail)

Accrued Expenses (Detail) - USD ($) $ in Thousands	Jul. 29, 2018	Apr. 29, 2018	Jul. 30, 2017
Payables and Accruals [Abstract]
Compensation, commissions and related benefits	$ 3,719	$ 6,918	$ 4,535
Interest	12	20	19
Other accrued expenses	5,194	3,150	1,521
Accrued expenses	$ 8,925	$ 10,088	$ 6,075

Accrued Expenses - Narrative (D

Accrued Expenses - Narrative (Detail) - USD ($) $ in Thousands	Jul. 29, 2018	Apr. 30, 2018	Apr. 29, 2018		Jul. 30, 2017
Payables and Accruals [Abstract]
Accrued expenses	$ 8,925		$ 10,088		$ 6,075
Current accrued expenses	8,176	$ 10,497	9,325	[1]	$ 6,075
Long-term accrued expenses	$ 749		$ 763	[1]
[1]	Derived from audited financial statements.

Exit and Disposal Activities (D

Exit and Disposal Activities (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jul. 29, 2018	Jun. 12, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring expense	$ 451
Accrued restructuring costs	445	$ 451
Severance payments	6
Upholstery Fabrics [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring expense and related charges	$ 2,016
Upholstery Fabrics [Member] | Facility Closing [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Description of exit and disposal activities	On June 12, 2018, our board of directors decided to close our upholstery fabrics manufacturing facility in Anderson, South Carolina. This closure is due to a continued decline in demand for the products manufactured at this facility, reflecting a change in consumer style preferences. We expect to close this facility during the second quarter of fiscal 2019.
Inventory markdown	$ 1,565
Upholstery Fabrics [Member] | Facility Closing [Member] | Cost of Sales [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Inventory markdown	1,565
Upholstery Fabrics [Member] | Employee termination benefits [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring expense	$ 451

Lines of Credit - Narrative (De

Lines of Credit - Narrative (Detail)	Aug. 13, 2018USD ($)	Jul. 29, 2018USD ($)	Aug. 12, 2018USD ($)	Jul. 29, 2018CNY (¥)	Apr. 29, 2018USD ($)	Jul. 30, 2017USD ($)	Aug. 03, 2016USD ($)	Aug. 01, 2016USD ($)
Line of Credit Facility [Line Items]
Outstanding amount		$ 4,000,000				$ 5,000,000
United States [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit facility remaining 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		3.53%		3.53%	3.36%	2.68%
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		$ 4,000,000			$ 0	$ 5,000,000
Letters of credit, outstanding amount		$ 250,000			250,000	250,000
United States [Member] | Revolving Credit Facility [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							$ 5,000,000
Letter of credit expiration date		May 15, 2018
United States [Member] | Revolving Credit Facility [Member] | Subsequent Event [Member]
Line of Credit Facility [Line Items]
Line of credit facility remaining borrowing capacity	$ 25,000,000		$ 30,000,000
Expiration date	Aug. 15, 2020
Letters of credit, outstanding amount	$ 250,000
Maximum amount of letters of credit	1,000,000
Unencumbered Liquid Assets maintenance covenant	$ 15,000,000		$ 20,000,000
China [Member] | Revolving credit agreement [Member]
Line of Credit Facility [Line Items]
Line of credit facility remaining borrowing capacity		$ 5,900,000		¥ 40,000,000
Interest rate description		This agreement has an interest rate determined by the Chinese government
Expiration date		Mar. 2, 2019
Outstanding amount		$ 0		¥ 0	$ 0	$ 0

Fair Value of Financial Instr69

Fair Value of Financial Instruments - Recurring Basis (Detail) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Jul. 29, 2018	Apr. 29, 2018	Jul. 30, 2017
Premier Money Market Fund [Member]
Assets:
Investments at fair value	$ 6,749	$ 6,492	$ 5,991
Low Duration Bond Fund [Member]
Assets:
Investments at fair value		1,085	1,085
Intermediate Term Bond Fund [Member]
Assets:
Investments at fair value		747	762
Strategic Income Fund [Member]
Assets:
Investments at fair value		619	622
Large Blend Fund [Member]
Assets:
Investments at fair value	438	402	381
Growth Allocation Fund [Member]
Assets:
Investments at fair value	180	169	140
Moderate Allocation Fund [Member]
Assets:
Investments at fair value	117	113	102
Other [Member]
Assets:
Investments at fair value	187	150	100
EURO [Member] | Foreign Currency Contract [Member] | Cash Flow Hedge [Member]
Liabilities:
Derivative liabilities at fair value	40	55
Quoted prices in active markets for identical assets - Level 1 [Member] | Premier Money Market Fund [Member]
Assets:
Investments at fair value	6,749	6,492	5,991
Quoted prices in active markets for identical assets - Level 1 [Member] | Low Duration Bond Fund [Member]
Assets:
Investments at fair value		1,085	1,085
Quoted prices in active markets for identical assets - Level 1 [Member] | Intermediate Term Bond Fund [Member]
Assets:
Investments at fair value		747	762
Quoted prices in active markets for identical assets - Level 1 [Member] | Strategic Income Fund [Member]
Assets:
Investments at fair value		619	622
Quoted prices in active markets for identical assets - Level 1 [Member] | Large Blend Fund [Member]
Assets:
Investments at fair value	438	402	381
Quoted prices in active markets for identical assets - Level 1 [Member] | Growth Allocation Fund [Member]
Assets:
Investments at fair value	180	169	140
Quoted prices in active markets for identical assets - Level 1 [Member] | Moderate Allocation Fund [Member]
Assets:
Investments at fair value	117	113	102
Quoted prices in active markets for identical assets - Level 1 [Member] | Other [Member]
Assets:
Investments at fair value	187	150	$ 100
Significant other observable inputs - Level 2 [Member] | EURO [Member] | Foreign Currency Contract [Member] | Cash Flow Hedge [Member]
Liabilities:
Derivative liabilities at fair value	$ 40	$ 55

Fair Value of Financial Instr70

Fair Value of Financial Instruments - Narrative (Detail) - USD ($)	3 Months Ended
	Jul. 29, 2018	Apr. 29, 2018		Jul. 30, 2017
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments - Available for Sale		$ 2,451,000	[1]	$ 2,469,000
Long-term investments (Rabbi Trust)	$ 7,671,000	7,326,000	[1]	6,714,000
U.S. Corporate Bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Held to maturity investments	30,800,000	30,800,000		30,900,000
Held to maturity investments, fair value	$ 30,600,000	30,600,000		30,800,000
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		(91,000)		(33,000)
Long-term investments (Rabbi Trust) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accumulated unrealized gain (loss) on investments	$ 104,000	$ 61,000		$ 73,000
[1]	Derived from audited financial statements.

Fair Value of Financial Instr71

Fair Value of Financial Instruments - Nonrecurring Basis (Detail) - USD ($) $ in Thousands	Jul. 29, 2018	Jun. 22, 2018	Apr. 29, 2018		Jul. 30, 2017
Liabilities
Contingent Consideration - Earn-Out Obligation	$ 5,600
Assets
Inventory	54,989		$ 53,454	[1]	$ 55,227
Read Window Products, LLC [Member] | Fair Value, Measurements, Nonrecurring [Member]
Liabilities
None			0
Assets
Goodwill			2,107
Inventory			1,128
Read Window Products, LLC [Member] | Fair Value, Measurements, Nonrecurring [Member] | Customer Relationships [Member]
Assets
Customer Relationships			2,247
Read Window Products, LLC [Member] | Fair Value, Measurements, Nonrecurring [Member] | Equipment [Member]
Assets
Equipment			379
Read Window Products, LLC [Member] | Fair Value, Measurements, Nonrecurring [Member] | Trade Names [Member]
Assets
Tradename			683
eLuxury [Member]
Liabilities
Contingent Consideration - Earn-Out Obligation		$ 5,600
eLuxury [Member] | Fair Value, Measurements, Nonrecurring [Member]
Liabilities
Contingent Consideration - Earn-Out Obligation	5,600
Assets
Goodwill	13,653
Inventory	1,804
eLuxury [Member] | Fair Value, Measurements, Nonrecurring [Member] | Equipment [Member]
Assets
Equipment	2,179
eLuxury [Member] | Fair Value, Measurements, Nonrecurring [Member] | Trade Names [Member]
Assets
Tradename	6,549
Significant unobservable inputs - Level 3 [Member] | Read Window Products, LLC [Member] | Fair Value, Measurements, Nonrecurring [Member]
Liabilities
None			0
Assets
Goodwill			2,107
Inventory			1,128
Significant unobservable inputs - Level 3 [Member] | Read Window Products, LLC [Member] | Fair Value, Measurements, Nonrecurring [Member] | Customer Relationships [Member]
Assets
Customer Relationships			2,247
Significant unobservable inputs - Level 3 [Member] | Read Window Products, LLC [Member] | Fair Value, Measurements, Nonrecurring [Member] | Equipment [Member]
Assets
Equipment			379
Significant unobservable inputs - Level 3 [Member] | Read Window Products, LLC [Member] | Fair Value, Measurements, Nonrecurring [Member] | Trade Names [Member]
Assets
Tradename			$ 683
Significant unobservable inputs - Level 3 [Member] | eLuxury [Member] | Fair Value, Measurements, Nonrecurring [Member]
Liabilities
Contingent Consideration - Earn-Out Obligation	5,600
Assets
Goodwill	13,653
Inventory	1,804
Significant unobservable inputs - Level 3 [Member] | eLuxury [Member] | Fair Value, Measurements, Nonrecurring [Member] | Equipment [Member]
Assets
Equipment	2,179
Significant unobservable inputs - Level 3 [Member] | eLuxury [Member] | Fair Value, Measurements, Nonrecurring [Member] | Trade Names [Member]
Assets
Tradename	$ 6,549
[1]	Derived from audited financial statements.

Derivatives - Narrative (Detail

Derivatives - Narrative (Detail) - Cash Flow Hedge [Member] - Foreign Currency Contract [Member] - EURO [Member]	3 Months Ended
	Jul. 29, 2018
Derivatives, Fair Value [Line Items]
Derivative exchange rate, EURO to U.S. Dollar	1.263
Derivative contract expiration	2018-08

Derivatives - Schedule of Fair

Derivatives - Schedule of Fair Value of Derivative Instruments (Detail) - USD ($) $ in Thousands	Jul. 29, 2018	Apr. 29, 2018
Accrued Expenses [Member] | Cash Flow Hedge [Member] | Foreign Currency Contract [Member] | EURO [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair Value	$ 40	$ 55

Derivatives - Schedule of Gains

Derivatives - Schedule of Gains and Losses on Derivative Instruments (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Jul. 29, 2018	Jul. 30, 2017	Apr. 29, 2018
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amt of Gain (Loss) (net of tax) Recognized in OCI on Derivative (Effective Portion) and recorded in Accrued Expenses at Fair Value	$ 15		$ (55)
Cash Flow Hedge [Member] | Foreign Currency Contract [Member] | EURO [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amt of Gain (Loss) (net of tax) Recognized in OCI on Derivative (Effective Portion) and recorded in Accrued Expenses at Fair Value	15
Other Expense [Member] | Cash Flow Hedge [Member] | Foreign Currency Contract [Member] | EURO [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	(40)
Amount of Gain (loss) (net of tax) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)	$ 0	$ 0

Cash Flow Information - Interes

Cash Flow Information - Interest and Income Taxes Paid (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jul. 29, 2018	Jul. 30, 2017
Supplemental Cash Flow Elements [Abstract]
Interest	$ 24	$ 83
Income taxes	$ 3,223	$ 536

Cash Flow Information - Narrati

Cash Flow Information - Narrative (Detail) - USD ($)	3 Months Ended
	Jul. 29, 2018	Jul. 30, 2017
Supplemental Cash Flow Elements [Abstract]
Interest costs	$ 20,000	$ 64,000
Interest cost capitalized	$ 0	$ 64,000

Net (Loss) Income Per Share - W

Net (Loss) Income Per Share - Weighted Average Shares (Detail) - shares shares in Thousands	3 Months Ended
	Jul. 29, 2018	Jul. 30, 2017
Earnings Per Share [Abstract]
Weighted average common shares outstanding, basic	12,510	12,399
Dilutive effect of stock-based compensation	90	191
Weighted average common shares outstanding, diluted	12,600	12,590

Segment Information - Narrative

Segment Information - Narrative (Detail)	3 Months Ended
	Jul. 29, 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
		Jul. 29, 2018	Jul. 30, 2017
Segment Reporting Information [Line Items]
Net sales		$ 71,473	$ 79,533
Gross profit		10,559	16,465
Selling, general, and administrative expenses		8,033	9,501
Income from operations		2,075	6,964
Interest expense		(20)
Interest income		150	131
Other expense		(257)	(353)
Income before income taxes		1,948	6,742
Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Net sales		36,983
Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Net sales		34,490
Restructuring expense and related charges		(2,016)
Operating Segments [Member]
Segment Reporting Information [Line Items]
Gross profit		12,124	16,465
Selling, general, and administrative expenses		6,774	7,202
Income from operations		5,350	9,263
Operating Segments [Member] | Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Net sales		36,983	48,429
Gross profit		5,971	9,760
Selling, general, and administrative expenses		3,148	3,391
Income from operations		2,823	6,368
Operating Segments [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Net sales		34,490	31,104
Gross profit		6,153	6,705
Selling, general, and administrative expenses		3,626	3,811
Income from operations		2,527	2,895
Segment Reconciling Items [Member]
Segment Reporting Information [Line Items]
Restructuring related charges	[1]	(1,565)
Restructuring expense and related charges	[2]	(2,016)
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Selling, general, and administrative expenses		1,259	2,299
Income from operations		$ (1,259)	$ (2,299)
[1]	The $1.6 million represents a restructuring related charge for inventory markdowns associated with the closing of our upholstery fabrics operation located in Anderson, SC.
[2]	The $2.0 million represents the $1.6 million restructuring related charge noted above and a restructuring charge of $451 for employee termination benefits associated with the closing of our upholstery fabrics operation located in Anderson, SC.

Segment Information - Financi80

Segment Information - Financial Information for Operating Segments (Parenthetical) (Detail) $ in Thousands	3 Months Ended
	Jul. 29, 2018USD ($)
Segment Reporting Information [Line Items]
Restructuring expense	$ 451
Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Restructuring expense and related charges	2,016
Facility Closing [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Restructuring related charges	1,565
Employee termination benefits [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Restructuring expense	$ 451

Segment Information - Balance S

Segment Information - Balance Sheet Information by Operating Segments (Detail) - USD ($) $ in Thousands		3 Months Ended
		Jul. 29, 2018	Jul. 30, 2017	Apr. 30, 2018	Apr. 29, 2018		Apr. 30, 2017
Segment Reporting Information [Line Items]
Tradename		$ 7,232			$ 683
Non-compete agreement		734	$ 809		753		$ 828
Customer relationships		2,764	651		2,839		664
Investment in unconsolidated joint venture		1,525	1,477		1,501	[1]
Goodwill		27,222	11,462		13,569	[1]	$ 11,462
Property, plant and equipment		53,178	52,912		51,794	[1]
Total assets		226,372	207,904		217,984	[1]
Cash and cash equivalents		8,593	18,322		21,228	[1]
Short-term investments (Available for Sale)			2,469		2,451	[1]
Short-term investments (Held-to-Maturity)		30,756			25,759	[1]
Deferred income taxes		3,721	436		1,458	[1]
Other current assets		3,852	3,441	$ 2,897	2,870	[1]
Long-term investments (Held-to-Maturity)			30,907		5,035	[1]
Long-term investments (Rabbi Trust)		7,671	6,714		7,326	[1]
Other assets		11,640	2,397		5,232	[1]
Capital expenditures	[2]	1,255	3,068
Depreciation expense		2,015	1,807
Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets		170,358	143,893		150,348
Operating Segments [Member] | Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Current assets	[3]	45,085	46,750		43,935
Tradename		6,549
Non-compete agreement		734	809		753
Customer relationships		600	651		613
Investment in unconsolidated joint venture		1,525	1,477		1,501
Goodwill		25,115	11,462		11,462
Property, plant and equipment	[4]	50,297	50,270		48,797
Total assets		129,905	111,419		107,061
Capital expenditures		1,198	2,967
Depreciation expense		1,800	1,612
Operating Segments [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Current assets	[3]	33,129	30,617		35,826
Tradename		683			683
Customer relationships		2,164			2,226
Goodwill		2,107			2,107
Property, plant and equipment	[5]	2,370	1,857		2,445
Total assets		40,453	32,474		43,287
Capital expenditures		57	85
Depreciation expense		215	195
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	[6]	511	785		552
Cash and cash equivalents		8,593	18,322		21,228
Short-term investments (Available for Sale)			2,469		2,451
Short-term investments (Held-to-Maturity)		30,756			25,759
Deferred income taxes		3,721	436		1,458
Other current assets		3,852	3,441		2,870
Long-term investments (Held-to-Maturity)			30,907		5,035
Long-term investments (Rabbi Trust)		7,671	6,714		7,326
Other assets		$ 910	937		$ 957
Capital expenditures			$ 16
[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 $50.3 million at July 29, 2018, represents property, plant, and equipment of $37.2 million and $13.1 million located in the U.S. and Canada, respectively. The $50.3 million at July 30, 2017, represents property, plant, and equipment of $35.8 million and $14.5 million located in the U.S. and Canada, respectively. The $48.8 million at April 29, 2018, represents property, plant, and equipment of $35.4 million and $13.4 million located in the U.S. and Canada, respectively.
[5]	The $2.4 million at July 29, 2018, represents property, plant, and equipment of $1.8 million and $616 located in the U.S. and China, respectively. The $1.9 million at July 30, 2017, represents property, plant, and equipment of $1.2 million and $684 located in the U.S. and China, respectively. The $2.4 million at April 29, 2018, represents property, plant, and equipment of $1.8 million and $661 located in the U.S. and China, respectively.
[6]	The $511, $785, and $552 at July 29, 2018, July 30, 2017 and April 29, 2018, respectively, represent property, plant, and equipment associated with unallocated corporate departments and corporate departments shared by both the mattress and upholstery fabric segments. Property, plant, and equipment associated with corporate are located in the U.S.

Segment Information - Balance82

Segment Information - Balance Sheet Information by Operating Segments (Parenthetical) (Detail) - USD ($) $ in Thousands		Jul. 29, 2018	Apr. 29, 2018		Jul. 30, 2017
Segment Reporting Information [Line Items]
Property, plant and equipment		$ 53,178	$ 51,794	[1]	$ 52,912
Operating Segments [Member] | Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	[2]	50,297	48,797		50,270
Operating Segments [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	[3]	2,370	2,445		1,857
Operating Segments [Member] | United States [Member] | Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		37,200	35,400		35,800
Operating Segments [Member] | United States [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		1,800	1,800		1,200
Operating Segments [Member] | Canada [Member] | Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		13,100	13,400		14,500
Operating Segments [Member] | China [Member] | Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		616	661		684
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	[4]	511	552		785
Unallocated Corporate [Member] | United States [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		$ 511	$ 552		$ 785
[1]	Derived from audited financial statements.
[2]	The $50.3 million at July 29, 2018, represents property, plant, and equipment of $37.2 million and $13.1 million located in the U.S. and Canada, respectively. The $50.3 million at July 30, 2017, represents property, plant, and equipment of $35.8 million and $14.5 million located in the U.S. and Canada, respectively. The $48.8 million at April 29, 2018, represents property, plant, and equipment of $35.4 million and $13.4 million located in the U.S. and Canada, respectively.
[3]	The $2.4 million at July 29, 2018, represents property, plant, and equipment of $1.8 million and $616 located in the U.S. and China, respectively. The $1.9 million at July 30, 2017, represents property, plant, and equipment of $1.2 million and $684 located in the U.S. and China, respectively. The $2.4 million at April 29, 2018, represents property, plant, and equipment of $1.8 million and $661 located in the U.S. and China, respectively.
[4]	The $511, $785, and $552 at July 29, 2018, July 30, 2017 and April 29, 2018, respectively, represent property, plant, and equipment associated with unallocated corporate departments and corporate departments shared by both the mattress and upholstery fabric segments. Property, plant, and equipment associated with corporate are located in the U.S.

Income Taxes - Effective Income

Income Taxes - Effective Income Tax Rate - Narrative (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jul. 29, 2018	Jul. 30, 2017
Income Tax Disclosure [Abstract]
Income taxes	$ 906	$ 1,640
Effective income tax rate	46.50%	24.30%

Income Taxes - Differences Betw

Income Taxes - Differences Between Income Tax Expense at Federal Income Tax Rate and Effective Income Tax Rate (Detail)	3 Months Ended		12 Months Ended
	Jul. 29, 2018	Jul. 30, 2017	Apr. 29, 2018
Income Tax Disclosure [Abstract]
Federal income tax rate	21.00%	34.00%	30.40%
Change in estimate of U.S. valuation allowance	8.60%	1.40%
Foreign income tax rate differential	8.30%	(1.30%)
Global Intangible Low Taxed Income Tax (GILTI)	2.50%
Tax effects of Chinese foreign exchange (losses) gains	2.10%	(0.90%)
Excess income tax deficiency (benefits) related to stock-based compensation	1.70%	(8.20%)
Other	2.30%	(0.70%)
Effective income tax rate	46.50%	24.30%

Income Taxes - 2017 Tax Cuts an

Income Taxes - 2017 Tax Cuts and Jobs Act - Narrative (Detail)	3 Months Ended		12 Months Ended
	Jul. 29, 2018	Jul. 30, 2017	Apr. 28, 2019	Apr. 29, 2018
Income Taxes [Line Items]
Federal statutory income tax rate	21.00%	34.00%		30.40%
Scenario, Forecast [Member]
Income Taxes [Line Items]
Federal statutory income tax rate			21.00%

Income Taxes - Summary of Valua

Income Taxes - Summary of Valuation Allowances Against Deferred Income Taxes (Detail) - USD ($) $ in Thousands	Jul. 29, 2018	Apr. 29, 2018	Jul. 30, 2017
Valuation Allowance [Line Items]
Valuation allowance	$ 5,399	$ 5,204	$ 637
U.S. State Tax [Member] | Loss Carryforwards and Credits [Member]
Valuation Allowance [Line Items]
Valuation allowance	849	578	559
Internal Revenue Service (IRS) [Member] | Income Tax Credits [Member]
Valuation Allowance [Line Items]
Valuation allowance	$ 4,550	4,550
Poland [Member] | Loss Carryforwards [Member]
Valuation Allowance [Line Items]
Valuation allowance		$ 76	$ 78

Income Taxes - Deferred Income

Income Taxes - Deferred Income Taxes - Undistributed Earnings from Foreign Subsidiaries - Narrative (Detail) - USD ($)	Jul. 30, 2017	Apr. 28, 2019	Jul. 29, 2018	Apr. 29, 2018
Income Taxes [Line Items]
Deferred tax liability, undistributed earnings from foreign subsidiaries	$ 810,000		$ 2,800,000	$ 4,300,000
U.S. income and foreign withholding taxes	45,400,000
U.S. foreign income tax credits	$ 44,600,000
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 - Uncertainty in I

Income Taxes - Uncertainty in Income Taxes - Narrative (Detail) - USD ($)	Jul. 29, 2018	Apr. 29, 2018	Jul. 30, 2017
Income Taxes [Line Items]
Unrecognized tax benefits	$ 820,000	$ 844,000	$ 12,400,000
Unrecognized tax benefits that would favorably impact effective income tax rate if recognized	440,000	464,000	487,000
Non-current Deferred Income Taxes [Member]
Income Taxes [Line Items]
Unrecognized tax benefits	380,000	380,000	11,900,000
Income Taxes Payable - Long-Term [Member]
Income Taxes [Line Items]
Unrecognized tax benefits	$ 440,000	$ 464,000	$ 487,000

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Detail) - USD ($)		Jul. 13, 2017	Jul. 14, 2016	Jul. 29, 2018	Jul. 30, 2017	Sep. 16, 2015
Performance Based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unrecognized compensation cost				$ 456,000
Weighted average period over which unrecognized compensation cost is expected to be recognized				1 year 4 months 24 days
Performance Based Restricted Stock Units [Member] | Employee [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Awarded	[1],[2]	44,000
Vesting Period	[2]	3 years
Price Per Share	[2],[3]	$ 32.50
Time Vested Restricted Stock Units [Member] | Employee [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Awarded		1,200	1,200
Vesting Period		11 months	11 months
Price Per Share		$ 32.50	$ 28
Number of shares vested				1,200	1,200
Weighted average fair value of vested shares				$ 39,000	$ 34,000
Weighted average fair value of vested shares, per share				$ 32.50	$ 28
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				$ (506,000)	$ 751,000
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				$ 5,000	$ 6,000
2015 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common stock authorized for issuance						1,200,000
Number of shares available for future equity based grants				1,026,651
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
[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 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
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
Price Per Share	[2],[4],[5]		$ 28
Vesting Period	[2],[4]		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 - Su91

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	$ 32.5

Stock-Based Compensation - Su92

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. 14, 2016	Jul. 29, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Units Awarded	[1]	11,549
Vesting Period		3 years
Granted on July 14, 2016 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price Per Share	[2]		$ 24.75
[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 July 29, 2018, the end of our reporting period.

Stock-Based Compensation - Su93

Stock-Based Compensation - Summary of Vested Performance Based Restricted Stock Units (Detail) - Performance Based Restricted Stock Units [Member] - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended
		Jul. 29, 2018	Jul. 30, 2017
NEOs and Key Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock Shares Vested	[1]	107,553	102,845
Weighted Average Fair Value	[1],[2]	$ 3,466	$ 1,820
Price Per Share	[1],[3]	$ 32.23	$ 17.70
Non-employee [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock Shares Vested	[4]	10,364	16,000
Weighted Average Fair Value	[2],[4]	$ 320	$ 520
Price Per Share	[4],[5]	$ 30.90	$ 32.50
[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 2019 or 2018, respectively. Accordingly, the price per share represents the closing price of our common stock on the date the award vested.

Statutory Reserves (Detail)

Statutory Reserves (Detail) - Subsidiaries [Member] - China [Member] $ in Millions	3 Months Ended
	Jul. 29, 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	$ 4.3
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	May 31, 2018	Apr. 30, 2016	Jul. 29, 2018	Apr. 29, 2018	Apr. 30, 2017	Jul. 30, 2017
Commitments and Contingencies Disclosure [Line Items]
Accounts payable for capital expenditures				$ 862,000	$ 1,800,000		$ 5,600,000
Buildings and Improvements [Member]
Commitments and Contingencies Disclosure [Line Items]
Amount financed for construction of building					1,400,000		$ 3,900,000
Mattress Fabrics [Member] | Capital Addition Purchase Commitments [Member]
Commitments and Contingencies Disclosure [Line Items]
Open purchase commitments				$ 1,700,000
Mattress Fabrics [Member] | Capital Addition Purchase Commitments [Member] | Buildings and Improvements [Member]
Commitments and Contingencies Disclosure [Line Items]
Contractual obligation, current cost	$ 11,300,000
Contractual obligation paid		$ 1,400,000	$ 1,900,000		$ 3,700,000	$ 4,300,000
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%

Common Stock Repurchase Progr96

Common Stock Repurchase Program (Detail) - USD ($)	3 Months Ended
	Jul. 29, 2018	Jul. 30, 2017	Jun. 15, 2016
Stockholders Equity Note [Line Items]
Cost of common stock repurchase	$ 72,000
Common Stock [Member]
Stockholders Equity Note [Line Items]
Common stock repurchased	2,990
Common Stock Repurchase Program June 15, 2016 [Member] | Common Stock [Member]
Stockholders Equity Note [Line Items]
Authorization amount for repurchase of common stock			$ 5,000,000
Common stock repurchased	2,990	0
Cost of common stock repurchase	$ 72,000
Remaining authorized repurchase amount	$ 4,900,000

Dividend Program (Detail)

Dividend Program (Detail) - USD ($) $ / shares in Units, $ in Thousands	Aug. 29, 2018	Jul. 29, 2018	Jul. 30, 2017
Dividends [Line Items]
Cash dividends paid		$ 1,127	$ 3,608
Special Dividend [Member]
Dividends [Line Items]
Cash dividends paid			$ 2,600
Cash dividend payment, per share			$ 0.21
Quarterly Dividend [Member]
Dividends [Line Items]
Cash dividends paid		$ 1,127	$ 1,000
Cash dividend payment, per share		$ 0.09	$ 0.08
Subsequent Event [Member] | Quarterly Dividend [Member]
Dividends [Line Items]
Cash dividend declared, per share	$ 0.09
Date of payment to shareholders entitled to dividends	Oct. 15, 2018
Date of record of shareholders entitled to dividends	Oct. 1, 2018