Culp (CULP) 10-Q8 Mar 192019 Q3 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information	9 Months Ended
Document and Entity Information	Jan. 27, 2019shares
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jan. 27, 2019
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q3
Trading Symbol	CULP
Entity Registrant Name	CULP INC
Entity Central Index Key	723,603
Current Fiscal Year End Date	--04-28
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding	12,368,413

CONSOLIDATED STATEMENTS OF NET

CONSOLIDATED STATEMENTS OF NET INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2019	Jan. 28, 2018	Jan. 27, 2019	Jan. 28, 2018
Income Statement [Abstract]
Net Sales	$ 77,226	$ 85,310	$ 225,705	$ 245,541
Cost of sales	63,103	67,707	187,697	195,668
Gross profit	14,123	17,603	38,008	49,873
Selling, general and administrative expenses	10,038	9,959	28,174	28,876
Restructuring credit	(214)		(825)
Income from operations	4,299	7,644	10,659	20,997
Interest expense	0	31	38	69
Interest income	(251)	(132)	(552)	(391)
Other expense	288	229	688	903
Income before income taxes	4,262	7,516	10,485	20,416
Income taxes	1,225	8,208	3,407	11,956
(Income) loss from investment in unconsolidated joint venture	(23)	56	109	249
Net income (loss)	3,060	(748)	6,969	8,211
Plus: Net loss attributable to non-controlling interest	94		75
Net income (loss) attributable to Culp, Inc. common shareholders	$ 3,154	$ (748)	$ 7,044	$ 8,211
Net income (loss) attributable to Culp Inc. common shareholders per share-basic	$ 0.25	$ (0.06)	$ 0.56	$ 0.66
Net income (loss) attributable to Culp Inc. common shareholders per share-diluted	$ 0.25	$ (0.06)	$ 0.56	$ 0.65
Average shares outstanding, basic	12,438	12,436	12,488	12,425
Average shares outstanding, diluted	12,465	12,436	12,593	12,626

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2019	Jan. 28, 2018	Jan. 27, 2019	Jan. 28, 2018
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 3,060	$ (748)	$ 6,969	$ 8,211
Unrealized (loss) gain on investments, net of tax
Unrealized holding (losses) gains on investments	(75)	(4)	(78)	60
Reclassification adjustment for realized loss (gain) on investments	22		116
Total unrealized (loss) gain on investments	(53)	(4)	38	60
Unrealized gain on foreign currency cash flow hedge, net of tax
Unrealized holding (loss) gain on foreign currency cash flow hedge			(8)
Reclassification adjustment for realized loss on foreign currency cash flow hedge			64
Total unrealized gain on foreign currency cash flow hedge			56
Total other comprehensive (loss) income	(53)	(4)	94	60
Comprehensive income (loss)	3,007	(752)	7,063	8,271
Plus: Comprehensive loss attributable to non-controlling interest	94		75
Comprehensive income (loss) attributable to Culp, Inc. common shareholders	$ 3,101	$ (752)	$ 7,138	$ 8,271

CONSOLIDATED BALANCE SHEETS (UN

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Jan. 27, 2019	Apr. 29, 2018	[1]	Jan. 28, 2018
Current assets:
Cash and cash equivalents	$ 26,418	$ 21,228		$ 22,428
Short-term investments-Available for Sale	0	2,451		2,472
Short-term investments-Held-To-Maturity	13,544	25,759		17,206
Accounts receivable, net	26,142	26,307		26,097
Inventories	55,415	53,454		55,651
Other current assets	2,954	2,870		3,114
Total current assets	124,473	132,069		126,968
Property, plant and equipment, net	50,129	51,794		51,838
Goodwill	27,222	13,569		11,462
Intangible assets	10,542	4,275		1,397
Deferred income taxes	3,224	1,458		1,942
Long-term investments-Held-To-Maturity	0	5,035		13,625
Long-term investments-Rabbi Trust	6,834	7,326		7,176
Investment in unconsolidated joint venture	1,512	1,501		1,518
Other assets	972	957		918
Total assets	224,908	217,984		216,844
Current liabilities:
Accounts payable-trade	28,401	27,237		32,434
Accounts payable-capital expenditures	91	1,776		1,554
Deferred revenue	492	809
Accrued expenses	9,740	9,325		8,842
Accrued restructuring costs	228
Income taxes payable-current	642	1,437		1,580
Total current liabilities	39,594	40,584		44,410
Accrued expenses-long-term	0	763
Contingent consideration-earn-out obligation	5,781
Income taxes payable-long-term	3,294	3,758		10,940
Deferred income taxes	2,225	2,150		2,096
Deferred compensation	6,782	7,353		7,216
Total liabilities	57,676	54,608		64,662
Commitments and Contingencies (Notes 13 and 22)
Shareholders' equity
Preferred stock, $0.05 par value, authorized 10,000,000	0
Common stock, $0.05 par value, authorized 40,000,000 shares, issued and outstanding 12,368,413 at January 27, 2019; 12,450,276 at January 28, 2018; and 12,450,276 at April 29, 2018	619	623		623
Capital contributed in excess of par value	43,961	48,203		48,413
Accumulated earnings	118,186	114,635		103,090
Accumulated other comprehensive income (loss)	9	(85)		56
Total shareholders' equity attributable to Culp Inc.	162,775	163,376		152,182
Non-controlling interest	4,457
Total equity	167,232	163,376		152,182
Total liabilities and shareholders' equity	$ 224,908	$ 217,984		$ 216,844

[1]	Derived from audited financial statements.

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - $ / shares	Jan. 27, 2019	Apr. 29, 2018	[1]	Jan. 28, 2018
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	12,368,413	12,450,276		12,450,276
Common stock, outstanding	12,368,413	12,450,276		12,450,276

[1]	Derived from audited financial statements.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Jan. 27, 2019	Jan. 28, 2018
Cash flows from operating activities:
Net income	$ 6,969	$ 8,211
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	6,087	5,679
Amortization	592	248
Stock-based compensation	373	2,422
Deferred income taxes	(1,691)	(3,020)
Realized loss on sale of short-term investments (Available for Sale)	94
Gain on sale of property, plant, and equipment	(1,456)
Loss from investment in unconsolidated joint venture	109	249
Foreign currency exchange loss	12	133
Changes in assets and liabilities, net of effects of acquisition of businesses
Accounts receivable	(38)	(923)
Inventories	(658)	(3,275)
Other current assets	(43)	(27)
Other assets	6	(37)
Accounts payable-trade	486	1,715
Deferred revenue	(317)
Accrued expenses and deferred compensation	(1,513)	(1,608)
Accrued restructuring costs	228
Income taxes	(1,155)	11,702
Net cash provided by operating activities	8,085	21,469
Cash flows from investing activities
Net cash paid for acquisition of businesses	(12,096)
Capital expenditures	(2,954)	(6,657)
Proceeds from the sale of property, plant, and equipment	1,894	6
Investment in unconsolidated joint venture	(120)	(661)
Proceeds from the sale of short-term investments (Held to Maturity)	17,150
Proceeds from the sale of short-term investments (Available for Sale)	2,458
Purchase of short-term investments (Available for Sale)	(10)	(37)
Proceeds from the sale of long-term investments (Rabbi Trust)	1,233	57
Purchase of long-term investments (Rabbi Trust)	(795)	(1,699)
Premium payment on life insurance policy	0	(18)
Net cash provided by (used in) investing activities	6,760	(9,009)
Cash flows from financing activities:
Proceeds from line of credit	12,000	10,000
Payments on line of credit	(12,000)	(10,000)
Payments on vendor-financed capital expenditures	(1,412)	(3,750)
Dividends paid	(3,493)	(5,722)
Common stock surrendered for withholding taxes payable	(1,303)	(1,530)
Common stock repurchased	(3,316)
Payments of debt issuance costs	(50)
Proceeds from common stock issued	0	111
Net cash used in financing activities	(9,574)	(10,891)
Effect of exchange rate changes on cash and cash equivalents	(81)	64
Increase in cash and cash equivalents	5,190	1,633
Cash and cash equivalents at beginning of period	21,228	20,795
Cash and cash equivalents at end of period	$ 26,418	$ 22,428

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)
Balance (in shares) at Apr. 30, 2017	[1]		12,356,631
Net income (loss)		4,984			4,984
Stock-based compensation		757		757
Unrealized gain (loss) on investments		44				44
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
Common stock issued in connection with exercise of stock options		5		5
Common stock issued in connection with exercise of stock options (in shares)			600
Common stock surrendered for withholding taxes payable		(1,135)	$ (2)	(1,133)
Common stock surrendered for withholding taxes payable (in shares)			(34,915)
Dividends paid		(3,608)			(3,608)
Balance at Jul. 30, 2017		149,677	$ 622	47,038	101,977	40
Balance (in shares) at Jul. 30, 2017			12,441,161
Balance at Apr. 30, 2017	[1]	148,630	$ 618	47,415	100,601	(4)
Balance (in shares) at Apr. 30, 2017	[1]		12,356,631
Net income (loss)		8,211
Unrealized gain (loss) on investments		60
Balance at Jan. 28, 2018		152,182	$ 623	48,413	103,090	56
Balance (in shares) at Jan. 28, 2018			12,450,276
Balance at Jul. 30, 2017		149,677	$ 622	47,038	101,977	40
Balance (in shares) at Jul. 30, 2017			12,441,161
Net income (loss)		3,976			3,976
Stock-based compensation		801		801
Unrealized gain (loss) on investments		20				20
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 surrendered for withholding taxes payable		(398)		(398)
Common stock surrendered for withholding taxes payable (in shares)			(11,885)
Dividends paid		(996)			(996)
Balance at Oct. 29, 2017		153,080	$ 622	47,441	104,957	60
Balance (in shares) at Oct. 29, 2017			12,435,276
Net income (loss)		(748)			(748)
Stock-based compensation		867		867
Unrealized gain (loss) on investments		(4)				(4)
Common stock issued in connection with exercise of stock options		106	$ 1	105
Common stock issued in connection with exercise of stock options (in shares)			15,000
Dividends paid		(1,119)			(1,119)
Balance at Jan. 28, 2018		152,182	$ 623	48,413	103,090	56
Balance (in shares) at Jan. 28, 2018			12,450,276
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 (loss)		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 (loss) 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 withholding taxes payable		(1,292)	$ (2)	(1,290)			(1,292)
Common stock surrendered for 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
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 (loss)		6,969
Unrealized gain on foreign currency cash flow hedge		56
Unrealized gain (loss) on investments		38
Balance at Jan. 27, 2019		167,232	$ 619	43,961	118,186	9	162,775	4,457
Balance (in shares) at Jan. 27, 2019			12,368,413
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
Net income (loss)		2,944			2,933		2,933	11
Stock-based compensation		395		395			395
Unrealized gain on foreign currency cash flow hedge		41				41	41
Unrealized gain (loss) on investments		(43)				(43)	(43)
Fully vested common stock award			3,600
Common stock repurchased		(772)	$ (2)	(770)			(772)
Common stock repurchased (in shares)			(33,890)
Dividends paid		(1,126)			(1,126)		(1,126)
Balance at Oct. 28, 2018		167,469	$ 625	45,959	116,272	62	162,918	4,551
Balance (in shares) at Oct. 28, 2018			12,491,956
Net income (loss)		3,060			3,154		3,154	(94)
Stock-based compensation		479		479			479
Unrealized gain (loss) on investments		(53)				(53)	(53)
Common stock surrendered for withholding taxes payable		(11)		(11)			(11)
Common stock repurchased		(2,472)	$ (6)	(2,466)			(2,472)
Common stock repurchased (in shares)			(123,543)
Dividends paid		(1,240)			(1,240)		(1,240)
Balance at Jan. 27, 2019		$ 167,232	$ 619	$ 43,961	$ 118,186	$ 9	$ 162,775	$ 4,457
Balance (in shares) at Jan. 27, 2019			12,368,413

[1]	Derived from audited financial statements.

Basis of Presentation

Basis of Presentation	9 Months Ended
Basis of Presentation	Jan. 27, 2019
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 nine-months ended January 27, 2019, and January 28, 2018, represent 39-week

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
Significant Accounting Policies	Jan. 27, 2019
Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies As of January 27, 2019, 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 Leases We are required to apply this guidance in our fiscal 2020 interim and annual financial statements and are currently assessing the impact that this guidance will have on our consolidated financial statements. We do expect this guidance to have a material impact on our financial position due to the requirement to recognize right-of-use

Business Combinations

Business Combinations	9 Months Ended
Business Combinations	Jan. 27, 2019
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 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 value 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 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 an 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, a company that offers bedding accessories and 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 eLuxury’s 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 final 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 We recorded the tradename at fair market value 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 owner 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), we 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 at a percentage of 70% and 30% to the company 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. Net income (loss) attributable to the minority interest in eLuxury is excluded from total consolidated net income (loss) attributable to Culp, Inc. common shareholders. 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 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 included in selling, general, and administrative expenses in our Consolidated Statement of Net Income for the nine-month period ending January 27, 2019. Actual revenue and net loss for the period June 22, 2018 through January 27, 2019 were included in our Consolidated Statement of Net Income for the nine-months ended January 27, 2019, and totaled $11.8 million and $248,000, respectively. Pro Forma Financial Information The following unaudited pro forma consolidated results of operations for the three-month and nine-month periods ending January 27, 2019, and January 28, 2018, 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) January 27, 2019 January 28, 2018 Net Sales $ 77,226 $ 93,451 Income from operations 4,299 7,257 Net income (loss) 3,060 (1,073 ) Net loss (income)—noncontrolling interest 94 (36 ) Net income (loss)—Culp Inc. common shareholders 3,154 (1,109 ) Net income (loss) per share (basic)—Culp Inc. common shareholders 0.25 (0.09 ) Net income (loss) per share (diluted)—Culp Inc. common shareholders 0.25 (0.09 ) Nine Months Ended (dollars in thousands, except per share data) January 27, 2019 January 28, 2018 Net Sales $ 228,830 $ 270,950 Income from operations 10,657 20,799 Net income 6,943 7,901 Net loss (income)—noncontrolling interest 83 (27 ) Net income—Culp Inc. common shareholders 7,026 7,874 Net income per share (basic)—Culp Inc. common shareholders 0.56 0.63 Net income per share (diluted)—Culp Inc. common shareholders 0.56 0.62 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	9 Months Ended
Accounts Receivable	Jan. 27, 2019
Receivables [Abstract]
Accounts Receivable	4. Accounts Receivable A summary of accounts receivable follows: (dollars in thousands January 27, 2019 January 28, 2018 April 29, 2018 Customers $ 26,748 $ 27,666 $ 28,097 Allowance—doubtful accounts (388 ) (357 ) (357 ) Allowance—cash discounts (197 ) (222 ) (245 ) Allowance—sales returns & allowances (1) (21 ) (990 ) (1,188 ) $ 26,142 $ 26,097 $ 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: Nine months ended (dollars in thousands) January 27, 2019 January 28, 2018 Beginning balance $ (357 ) $ (414 ) Provision for bad debts (78 ) 57 Net write-offs, net of recoveries 47 — Ending balance $ (388 ) $ (357 ) A summary of the activity in the allowances for sales returns and allowances and cash discounts follows: Nine months ended (dollars in thousands) January 27, 2019 January 28, 2018 Beginning balance $ (1,433 ) $ (1,220 ) Adoption of ASC Topic 606 (1) 1,145 — Provision for returns, allowances and discounts (1,612 ) (2,332 ) Credits issued 1,682 2,340 Ending balance $ (218 ) $ (1,212 )

Revenue

Revenue	9 Months Ended
Revenue	Jan. 27, 2019
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 such amounts 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 for the three-month and nine-month periods ended January 27, 2019, are as follows: (dollars in thousands) Three Months Ended Adjustments Due to Balances Without Statements of Net Income Net Sales $ 77,226 $ 13 $ 77,239 Cost of Sales 63,103 13 63,116 (dollars in thousands) Nine Months Ended Adjustments Due to Balances Without Statements of Net Income Net Sales $ 225,705 $ (17 ) $ 225,688 Cost of Sales 187,697 (17 ) 187,680 The effect of adopting ASC 606 on our Consolidated Balance Sheets for the period ended January 27, 2019, is as follows: ( dollars in thousands January 27, 2019 Adjustments Due to Balances Without Balance Sheet Assets: Accounts Receivable $ 26,142 $ (1,092) $ 25,050 Other Current Assets 2,954 (17) 2,937 Liabilities: Accrued Expenses $ 9,740 (1,109) $ 8,631 (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 such amounts with the estimated sales returns liability. Nature of Performance Obligations Our operations are classified into three business segments: mattress fabrics, upholstery fabrics, and home accessories. The mattress fabrics segment manufactures, sources, and sells fabrics and mattress covers primarily 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 that offer sourcing of upholstery fabrics and other products, measurement, and installation services of their own products 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. The home accessories segment is our new finished products business that manufactures, sources and sells bedding accessories and home goods directly to consumers and businesses through global e-commerce and business-to-business sales channels. Our primary performance obligations include the sale of mattress fabrics, upholstery fabrics, bedding and home accessories products, as well as the performance of customized fabrication and installation services associated with 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, mattress fabric, or bedding accessories and home goods 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 did not disclose the value of unsatisfied performance obligations as substantially all of any unsatisfied performance obligations as of January 27, 2019, 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. Our mattress fabrics and upholstery fabrics business segments 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 those products. Our home accessories business segment allows product returns for any reason provided the product is returned within the stated time frame, generally 30 days, unless the product was customized in which case a defect must be present in order to return the product. 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 for 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 in which we are associated and are not considered financing arrangements. There were no contract assets recognized as of January 27, 2019. A summary of the activity of deferred revenue for the three-month and nine-month periods ended January 27, 2019 follows: ( dollars in thousands Three Months Ended Balance as of October 28, 2018 $ 649 Revenue recognized on contract liabilities during the period (637) Payments received for services not yet rendered during the period 480 Balance as of January 27, 2019 $ 492 ( dollars in thousands Nine Months Ended Balance as of April 29, 2018 $ 809 Revenue recognized on contract liabilities during the period (2,171) Payments received for services not yet rendered during the period 1,854 Balance as of January 27, 2019 $ 492 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 January 27, 2019: Net Sales (dollars in thousands) Mattress Upholstery Home Total Products transferred at a point in time $ 35,732 $ 34,730 $ 4,390 $ 74,852 Services transferred over time — 2,374 — 2,374 Total Net Sales $ 35,732 $ 37,104 $ 4,390 $ 77,226 The following table presents our disaggregated revenue by segment, timing of revenue recognition, and product sales versus services rendered for the nine-month period ending January 27, 2019: Net Sales (dollars in thousands) Mattress Upholstery Home Total Products transferred at a point in time $ 107,335 $ 98,610 $ 11,759 $ 217,704 Services transferred over time — 8,001 — 8,001 Total Net Sales $ 107,335 $ 106,611 $ 11,759 $ 225,705

Inventories

Inventories	9 Months Ended
Inventories	Jan. 27, 2019
Inventory Disclosure [Abstract]
Inventories	6. Inventories Inventories are carried at the lower of cost or net realizable value. Cost is determined using the FIFO (first-in, first-out) A summary of inventories follows: ( dollars in thousands January 27, 2019 January 28, 2018 April 29, 2018 Raw materials $ 5,745 $ 6,654 $ 6,024 Work-in-process 2,610 3,151 3,264 Finished goods 47,060 45,846 44,166 $ 55,415 $ 55,651 $ 53,454

Intangible Assets

Intangible Assets	9 Months Ended
Intangible Assets	Jan. 27, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	7. Intangible Assets A summary of intangible assets follows: ( dollars in thousands January 27, 2019 January 28, 2018 April 29, 2018 Tradenames $ 7,232 $ — $ 683 Customer relationships, net 2,613 625 2,839 Non-compete 697 772 753 $ 10,542 $ 1,397 $ 4,275 Tradename A summary of the carrying amount of our tradenames from our recent acquisitions (see Note 3) follow: (dollars in thousands January 27, 2019 January 28, 2018 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. However, these tradenames will be assessed annually for impairment. Customer Relationships A summary of the change in the carrying amount of our customer relationships follows: Nine months ended ( dollars in thousands January 27, 2019 January 28, 2018 Beginning balance $ 2,839 $ 664 Amortization expense (226) (39) Ending balance $ 2,613 $ 625 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 $574,000 at January 27, 2019. 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 January 27, 2019, January 28, 2018, and April 29, 2018, respectively. Accumulated amortization for these customer relationships were $502,000, $243,000 and $276,000 at January 27, 2019, January 28, 2018, and April 29, 2018, respectively. The remaining amortization expense for the next five fiscal years and thereafter follows: FY 2019 - $75,000; 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 8.9 years as of January 27, 2019. Non-Compete A summary of the change in the carrying amount of our non-compete Nine months ended ( dollars in thousands January 27, 2019 January 28, 2018 Beginning balance $ 753 $ 828 Amortization expense (56) (56) Ending balance $ 697 $ 772 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 - $19,000; 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

Goodwill

Goodwill	9 Months Ended
Goodwill	Jan. 27, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	8. Goodwill A summary of the change in the carrying amount of goodwill follows: Nine months ended (dollars in thousands) January 27, 2019 January 28, 2018 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	9 Months Ended
Investment in Unconsolidated Joint Venture	Jan. 27, 2019
Equity Method Investments and Joint Ventures [Abstract]
Investment in Unconsolidated Joint Venture	9. Investment in Unconsolidated Joint Venture Culp International Holdings, Ltd., (Culp International) a wholly-owned subsidiary of the company, entered into a joint venture agreement, pursuant to which Culp International 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 $218,000 and $498,000 for the nine-month periods ending January 27, 2019 and January 28, 2018, respectively. CLIH’s net loss through the third quarter of fiscal 2018 included a significant amount of initial start-up The following table summarizes information on assets, liabilities and members’ equity of our equity method investment in CLIH: (dollars in thousands) January 27, January 28, April 29, Total assets $ 3,255 $ 3,186 $ 3,130 Total liabilities $ 230 $ 150 $ 128 Total members’ equity $ 3,025 $ 3,036 $ 3,002 At January 27, 2019, January 28, 2018, 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	9 Months Ended
Accrued Expenses	Jan. 27, 2019
Text Block [Abstract]
Accrued Expenses	10. Accrued Expenses A summary of accrued expenses follows: (dollars in thousands) January 27, 2019 January 28, 2018 April 29, 2018 Compensation, commissions and related benefits $ 4,848 $ 6,288 $ 6,918 Interest — 5 20 Other accrued expenses 4,892 2,549 3,150 $ 9,740 $ 8,842 $ 10,088 At January 27, 2019 and January 28, 2018, we had accrued expenses totaling $9.7 million and $8.8 million, respectively, 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	9 Months Ended
Exit and Disposal Activity	Jan. 27, 2019
Restructuring and Related Activities [Abstract]
Exit and Disposal Activity	11. Exit and Disposal Activity On June 12, 2018, our board of directors announced the closure of our upholstery fabrics manufacturing facility in Anderson, South Carolina. This closure was completed during the second quarter of fiscal 2019 and was due to a continued decline in demand for the products manufactured at this facility, reflecting a change in consumer style preferences. The following summarizes our restructuring credit and related charges totaling $1.6 million that were associated with the above exit and disposal activity: (dollars in thousands) Nine months ended Inventory markdowns $ 1,564 Other operating costs associated with a closed facility 824 Employee termination benefits 661 Gain on sale of property, plant, and equipment (1,486 ) $ 1,563 Of this total net charge, a charge of $2.3 million, a charge of $40,000 and a credit of $825,000 were recorded in cost of sales, selling, general, and administrative expenses, and restructuring credit, respectively in the Consolidated Statement of Net Income for the nine-month period ending January 27, 2019. The following summarizes the activity in the restructuring accrual: (dollars in thousands) Nine months ended Accrual established in fiscal 2019 $ 451 Paid in fiscal 2019 (434 ) Adjustments in fiscal 2019 211 $ 228 The above restructuring accrual pertains to employee termination benefits that were associated with the above exit and disposal activity.

Assets Held for Sale

Assets Held for Sale	9 Months Ended
Assets Held for Sale	Jan. 27, 2019
Text Block [Abstract]
Assets Held for Sale	Note 12. Assets Held for Sale In connection with our exit and disposal activity noted above, property, plant and equipment with a carrying value totaling $393,000 were classified as held for sale during our second quarter of fiscal 2019. We determined that the fair value of the property, plant and equipment exceeded its carrying value and therefore, no impairment was recorded. During the second and third quarters of fiscal 2019, we received cash proceeds totaling $1.9 million for all of the property, plant, and equipment that were classified as held for sale and recorded a corresponding gain on sale totaling $1.5 million. As of January 27, 2019, we had no assets held for sale associated with the exit and disposal activity noted above.

Lines of Credit

Lines of Credit	9 Months Ended
Lines of Credit	Jan. 27, 2019
Debt Disclosure [Abstract]
Lines of Credit	13. Lines of Credit Revolving Credit Agreement – United States At April 29, 2018, our Credit Agreement with Wells Fargo Bank, N.A. (“Wells Fargo”) provided for a revolving loan commitment of $30 million. 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 the expiration date to August 15, 2020. Additionally, this amendment reduced the limit of outstanding letters of credit to $1.0 million, which includes the $250,000 workers compensation letter of credit noted below. Interest was charged at a rate (applicable interest rate of 3.95%, 3.02%, and 3.36% at January 27, 2019, January 28, 2018, and April 29, 2018, respectively) as a variable spread over LIBOR based on our ratio of debt to EBITDA. Outstanding borrowings are secured by a pledge of 65% of the common stock of Culp International Holdings Ltd. (our subsidiary located in the Cayman Islands), as required by the Credit Agreement. There were no borrowings outstanding under the Credit Agreement at January 27, 2019, January 28, 2018, and April 29, 2018, respectively. At January 27, 2019, January 28, 2018, 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 22 for further details). The terms of this $5.0 million letter credit expired on May 15, 2018. Revolving Credit Agreement – China At January 27, 2019, we had an unsecured credit agreement associated with our operations in China that provides for a line of credit up to 40 million RMB ($6.0 million USD at January 27, 2019) and was 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 January 27, 2019, January 28, 2018, and April 29, 2018. On January 31, 2019, we renewed this unsecured credit agreement to extend the expiration date to January 31, 2020. Overall Our loan agreements require, among other things, that we maintain compliance with certain financial covenants. As of January 27, 2019, we were in compliance with these financial covenants.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
Fair Value of Financial Instruments	Jan. 27, 2019
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	14. Fair Value of Financial Instruments ASC Topic 820 establishes a fair value hierarchy that distinguishes between assumptions based on market data (observable inputs) and the company’s assumptions (unobservable inputs). Determining where an asset or liability falls within that hierarchy depends on the lowest level input that is significant to the fair value measurement as a whole. An adjustment to the pricing method used within either level 1 or level 2 inputs could generate a fair value measurement that effectively falls in a lower level in the hierarchy. The hierarchy consists of three broad levels as follows: Level 1 – Quoted market prices in active markets for identical assets or liabilities; Level 2 – Inputs other than level 1 inputs that are either directly or indirectly observable, and Level 3 – Unobservable inputs developed using the company’s estimates and assumptions, which reflect those that market participants would use. Recurring Basis The following table presents information about assets measured at fair value on a recurring basis: Fair value measurements at January 27, 2019 using: Quoted prices Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 6,433 N/A N/A $ 6,433 Growth Allocation Fund 184 N/A N/A 184 Moderate Allocation Fund 119 N/A N/A 119 Other 98 N/A N/A 98 Fair value measurements at January 28, 2018 using: Quoted prices Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 6,287 N/A N/A $ 6,287 Low Duration Bond Fund 1,085 N/A N/A 1,085 Intermediate Term Bond Fund 759 N/A N/A 759 Strategic Income Fund 628 N/A N/A 628 Large Blend Fund 431 N/A N/A 431 Growth Allocation Fund 171 N/A N/A 171 Moderate Allocation Fund 114 N/A N/A 114 Other 173 N/A N/A 173 Fair value measurements at 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 January 27, 2019. At January 28, 2018 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 $57,000 and $91,000 at January 28, 2018, and April 29, 2018, respectively. At January 28, 2018, 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 January 27, 2019, January 28, 2018, and April 29, 2018, our held-to-maturity held-to-maturity Our U.S. corporate bonds are classified as level 2 as they are traded over the counter within a broker network and not on an active market. The fair value of our U.S. corporate bonds is determined based on a published source that provides an average bid price. The average bid price is based on various broker prices that are determined based on market conditions, interest rates, and the rating of the respective U.S. corporate bond. Long-Term Investments—Rabbi Trust We have a Rabbi Trust to set aside funds for participants of our deferred compensation plan (the “Plan”) which enables 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 $6.8 million, $7.2 million, and $7.3 million at January 27, 2019, January 28, 2018, and April 29, 2018, respectively. Our long-term investments had an accumulated unrealized gain of $9,000, $113,000, and $61,000 at January 27, 2019, January 28, 2018, 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 January 27, 2019, 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 January 27, 2019 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 $ 5,781 $ 5,781 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 3 for the final 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 3 for the allocation of the acquisition cost to the assets acquired and liabilities assumed based on their fair values.

Derivatives

Derivatives	9 Months Ended
Derivatives	Jan. 27, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	15. 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. This contract expired 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) January 27, 2019 April 29, 2018 Derivatives designated as hedging instruments under ASC Topic 815 Balance Fair Balance Fair Euro Foreign Exchange Contract Accrued $ — Accrued $ 55 At January 28, 2018, we did not have any derivatives designated as hedging instruments under ASC Topic 815. Derivatives in ASC Topic Hedging Relationships Amt of Gain (Loss) (net of tax) Location of Gain or (Effective Portion) Amount of Gain or (Loss) Location of Gain Amount of Gain (loss) (net of tax) Nine Nine Nine Nine Nine Nine EURO Foreign Exchange Contract $ 56 $ — Other Expense $ (64 ) $ — Other Expense $ — $ —

Cash Flow Information

Cash Flow Information	9 Months Ended
Cash Flow Information	Jan. 27, 2019
Supplemental Cash Flow Elements [Abstract]
Cash Flow Information	16. Cash Flow Information Interest and income taxes paid are as follows: Nine months ended (dollars in thousands) January 27, 2019 January 28, 2018 Interest $ 54 $ 181 Income taxes 6,226 3,426 Interest costs charged to operations were $38,000 and $168,000 for the nine months ended January 27, 2019 and January 28, 2018, respectively. No interest costs for the construction of qualifying fixed assets were capitalized for the nine-months ended January 27, 2019. Interest costs totaling $99,000 for the construction of qualifying fixed assets were capitalized for the nine-months ended January 28, 2018. As a result, these interest costs will be amortized over the related assets’ useful lives.

Net Income (Loss) Per Share

Net Income (Loss) Per Share	9 Months Ended
Net Income (Loss) Per Share	Jan. 27, 2019
Earnings Per Share [Abstract]
Net Income (Loss) Per Share	17. Net Income (Loss) Per Share Basic net income (loss) per share is computed using the weighted-average number of shares outstanding during the period. Diluted net income (loss) 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 (loss) per share follows: Three months ended (amounts in thousands) January 27, 2019 January 28, 2018 Weighted average common shares outstanding, basic 12,438 12,436 Dilutive effect of stock-based compensation 27 — Weighted average common shares outstanding, diluted 12,465 12,436 At January 27, 2019 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 January 27, 2019. Stock-based compensation awards totaling 160,743 shares of common stock were not included in the computation of diluted net loss per share for the three-months ending January 28, 2018, as we incurred a net loss for that reporting period. Nine months ended (amounts in thousands) January 27, 2019 January 28, 2018 Weighted average common shares outstanding, basic 12,488 12,425 Dilutive effect of stock-based compensation 105 201 Weighted average common shares outstanding, diluted 12,593 12,626 At January 27, 2019 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 nine-months ending January 27, 2019. All options to purchase shares of common stock were included in the computation of diluted net income for the nine-months ending January 28, 2018, as the exercise price of the options was less than the average market price of the common shares.

Segment Information

Segment Information	9 Months Ended
Segment Information	Jan. 27, 2019
Segment Reporting [Abstract]
Segment Information	18. Segment Information Our operations are classified into three business segments: mattress fabrics, upholstery fabrics, and home accessories. The mattress fabrics segment manufactures, sources, and sells fabrics and mattress covers primarily to bedding manufacturers. The upholstery fabrics segment manufactures, sources, develops, and sells fabrics primarily to residential and commercial furniture manufacturers. The home accessories segment is our new finished products business that manufactures, sources, and sells bedding accessories and home goods directly to consumers and businesses through global e-commerce and business-to-business sales channels. Effective April 1, 2018, we acquired Read (see Note 3 for further details), a turn key provider of window treatments that offer the sourcing of upholstery fabrics and other products, measuring, and installation services of their own products for the hospitality and commercial industries. Read’s financial information is aggregated with our upholstery fabric segment. Effective June 22, 2018, we acquired an initial 80% ownership in eLuxury (see Note 3 for further details), a company that offers bedding accessories and home goods directly to consumers and businesses through its e-commerce We evaluate the operating performance of our segments based upon income from operations before certain unallocated corporate expenses, restructuring expense (credit) and related charges, and other non-recurring Financial information for the company’s operating segments follows: Three months ended January 27, 2019 January 28, 2018 Net sales: Mattress Fabrics $ 35,732 $ 49,042 Upholstery Fabrics 37,104 36,268 Home Accessories 4,390 — $ 77,226 $ 85,310 Gross profit: Mattress Fabrics $ 5,963 $ 10,146 Upholstery Fabrics 7,624 7,457 Home Accessories 1,050 — Total segment gross profit $ 14,637 $ 17,603 Restructuring related charges (1) (514 ) — $ 14,123 $ 17,603 Selling, general, and administrative expenses Mattress Fabrics $ 2,755 $ 3,309 Upholstery Fabrics 3,825 3,947 Home Accessories 1,361 — Unallocated corporate expenses 1,628 2,703 Total segment selling, general, and administrative expenses 9,569 9,959 Other non-recurring 429 — Restructuring related charges (2) 40 — $ 10,038 $ 9,959 Income (loss) from operations: Mattress Fabrics $ 3,208 $ 6,837 Upholstery Fabrics 3,799 3,510 Home Accessories (311 ) — Unallocated corporate expenses (1,628 ) (2,703 ) Total segment income from operations 5,068 7,644 Other non-recurring (429 ) — Restructuring credit and related charges (2) (3) (340 ) — Total income from operations 4,299 7,644 Interest expense — (31 ) Interest income 251 132 Other expense (288 ) (229 ) Income before income taxes $ 4,262 $ 7,516 (1) The $514 represents a restructuring related charge for other operating costs associated with our closed upholstery fabrics plant facility located in Anderson, SC. (2) Amounts represent non-recurring (3) The $340 represents restructuring related charges totaling $554 noted in notes 1 and 2 above, partially offset by a restructuring credit of $214. The $214 restructuring credit represents a $362 gain on the sale of the building and land associated with our Anderson, SC upholstery fabrics plant facility, partially offset by a charge of $148 for employee termination benefits. Nine months ended January 27, 2019 January 28, 2018 Net sales: Mattress Fabrics $ 107,335 $ 146,072 Upholstery Fabrics 106,611 99,469 Home Accessories 11,759 — $ 225,705 $ 245,541 Gross profit: Mattress Fabrics $ 17,050 $ 29,641 Upholstery Fabrics 20,031 20,232 Home Accessories 3,435 — Total segment gross profit $ 40,516 $ 49,873 Other non-recurring (159 ) — Restructuring related charges (5) (2,349 ) — $ 38,008 $ 49,873 Selling, general, and administrative expenses Mattress Fabrics $ 8,141 $ 9,868 Upholstery Fabrics 10,985 11,458 Home Accessories 3,690 — Unallocated corporate expenses 4,800 7,550 Total segment selling, general, and administrative expenses 27,616 28,876 Other non-recurring 518 — Restructuring related charges (2) 40 — $ 28,174 $ 28,876 Income (loss) from operations: Mattress Fabrics $ 8,910 $ 19,774 Upholstery Fabrics 9,044 8,773 Home Accessories (254 ) — Unallocated corporate expenses (4,800 ) (7,550 ) Total segment income from operations 12,900 20,997 Other non-recurring (678 ) — Restructuring credit and related charges (7) (1,563 ) — Total income from operations 10,659 20,997 Interest expense (38 ) (69 ) Interest income 552 391 Other expense (688 ) (903 ) Income before income taxes $ 10,485 $ 20,416 (4) The $159 represents a non-recurring (5) The $2.4 million consists of a restructuring related charges of $1.6 million for inventory markdowns and $784 for other operating costs associated with our closed upholstery fabrics plant facility located in Anderson, SC. (6) The $518 represents non-recurring (7) The $1.6 million represents restructuring related charges totaling $2.4 million noted in notes 2 and 5 above, partially offset by a restructuring credit of $825. The $825 restructuring credit represents a $1.5 million gain on the sale of property, plant, and equipment associated with our Anderson, SC upholstery fabrics plant facility, partially offset by a charge of $661 for employee termination benefits. Balance sheet information for the company’s operating segments follows: (dollars in thousands) January 27, 2019 January 28, 2018 April 29, 2018 Segment assets: Mattress Fabrics Accounts receivable $ 12,373 $ 12,840 $ 15,195 Inventory 26,243 29,355 28,740 Property, plant and equipment (1) 45,845 49,289 48,797 Investment in unconsolidated joint venture 1,512 1,518 1,501 Total mattress fabrics assets 85,973 93,002 94,233 Upholstery Fabrics Accounts receivable 13,367 13,257 11,112 Inventory 26,067 26,296 24,714 Property, plant and equipment (2) 1,957 2,101 2,445 Total upholstery fabrics assets 41,391 41,654 38,271 Home Accessories Accounts receivable 402 — — Inventory 3,105 — — Property, plant and equipment (3) 1,985 — — Total home accessories assets 5,492 — — Total segment assets 132,856 134,656 132,504 Non-segment Cash and cash equivalents 26,418 22,428 21,228 Short-term investments (Available for Sale) — 2,472 2,451 Short-term investments (Held-to-Maturity) 13,544 17,206 25,759 Other current assets 2,954 3,114 2,870 Deferred income taxes 3,224 1,942 1,458 Property, plant and equipment (4) 342 448 552 Goodwill 27,222 11,462 13,569 Intangible assets 10,542 1,397 4,275 Long-term investments (Held-to-Maturity) — 13,625 5,035 Long-term investments (Rabbi Trust) 6,834 7,176 7,326 Other assets 972 918 957 Total assets $ 224,908 $ 216,844 $ 217,984 Nine months ended (dollars in thousands) January 27, 2019 January 28, 2018 Capital expenditures (5): Mattress Fabrics $ 2,342 $ 5,445 Upholstery Fabrics 294 379 Home Accessories 33 — Unallocated Corporate 11 47 Total capital expenditures $ 2,680 $ 5,871 Depreciation expense: Mattress Fabrics $ 5,265 $ 5,068 Upholstery Fabrics 595 611 Home Accessories 227 — Total depreciation expense $ 6,087 $ 5,679 (1) The $45.8 million at January 27, 2019, represents property, plant, and equipment of $33.5 million and $12.3 million located in the U.S. and Canada, respectively. The $49.3 million at January 28, 2018, represents property, plant, and equipment of $35.6 million and $13.7 million located in the U.S. and Canada, respectively. The $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. (2) The $2.0 million at January 27, 2019, represents property, plant, and equipment of $1.3 million and $615 located in the U.S. and China, respectively. The $2.1 million at January 28, 2018, represents property, plant, and equipment of $1.4 million and $711 located in the U.S. and China, respectively. The $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. (3) The $2.0 million at January 27, 2019, represents property, plant and equipment located in the U.S. (4) The $342, $448, and $552 at January 27, 2019, January 28, 2018, and April 29, 2018, respectively, represent property, plant, and equipment associated with unallocated corporate departments and corporate departments shared by our mattress fabrics, upholstery fabrics, and home accessories segments. Property, plant, and equipment associated with corporate are located in the U.S. (5) Capital expenditure amounts are stated on the accrual basis. See Consolidated Statements of Cash Flows for capital expenditure amounts on a cash basis.

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	Jan. 27, 2019
Income Tax Disclosure [Abstract]
Income Taxes	19. Income Taxes Effective Income Tax Rate We recorded income tax expense of $3.4 million, or 32.5% of income before income taxes, for the nine- month period ended January 27, 2019, compared to income tax expense of $12.0 million or 58.6% of income before income taxes, for the nine-month period ended January 28, 2018. Our effective income tax rates for these nine-month periods, 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, as well as changes in foreign currency exchange rates in relation to the U.S. dollar. The following schedule summarizes the factors that contributed 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 for the nine months of each fiscal year: 2019 2018 Federal income tax rate 21.0 % 30.4 % Tax effects of the 2017 Tax Cuts and Jobs Act (5.7 ) 28.4 Foreign income tax rate differential 10.1 3.9 Global Intangible Low Taxed Income Tax (GILTI) 2.6 — Tax effects of Chinese foreign exchange gains (losses) 1.4 (2.9 ) Excess income tax deficiency (benefits) related to stock-based compensation 0.7 (2.3 ) Other 2.4 1.1 32.5 % 58.6 % 2017 Tax Cuts and Jobs Act On December 22, 2017 (the Enactment Date), the Tax Cuts and Jobs Act (H.R.1) (the Tax Act) was signed into law. The key effects of the Tax Act on our financial statements during fiscal 2019 will include 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 on an interim basis, estimates were required based on (i) projections and estimates associated with U.S. and foreign pre-tax During our third quarter of fiscal 2019, we completed our assessment of the effects of the Tax Act in connection with our fiscal 2018 U.S. Federal income tax return filing. In accordance with SEC Staff Accounting Bulletin No. 118, we recorded our final provisional adjustments within the one-year re-measurement one-time During the third quarter of fiscal 2018, we recorded a provisional income tax charge of $5.9 million, which represented a discrete event for which the full income tax effects were recorded during the three-month and nine-month periods ending January 28, 2018. The $5.9 million provisional income tax charge represents $1.1 million for the re-measurement one-time 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 January 27, 2019, January 28, 2018, and April 29, 2018, valuation allowances against our deferred income taxes pertain to the following jurisdictions: (dollars in thousands) January 27, January 28, April 29, U.S. foreign income tax credits $ 4,550 2,277 4,550 U.S. state loss carryforwards and credits 903 495 578 Polish loss carryforwards — 73 76 $ 5,453 2,845 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 January 27, 2019, 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 distributed. As a result, at January 27, 2019, January 28, 2018, and April 29, 2018, we recorded a deferred income tax liability of $3.4 million, $3.1 million, and $4.3 million for withholding taxes on undistributed earnings and profits from our foreign subsidiaries. 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 January 27, 2019, we had a $880,000 total gross unrecognized income tax benefit, of which $500,000 and $380,000 were classified as income taxes payable- long-term and non-current non-current At January 27, 2019, our $880,000 total gross unrecognized income tax benefit included $500,000 that, if recognized, would favorably affect the income tax rate in future periods. At January 28, 2018, our $12.4 million total gross unrecognized income tax benefit, included $9.9 million that, if recognized, would favorably affect the income tax rate in future periods. At 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 $880,000, 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	9 Months Ended
Stock-Based Compensation	Jan. 27, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	20. Stock-Based Compensation Equity Incentive Plan Description On September 16, 2015, our shareholders approved an equity incentive plan entitled the Culp, Inc. 2015 Equity Incentive Plan (the “2015 Plan”). The 2015 Plan updated and replaced our 2007 Equity Incentive Plan (the “2007 Plan”) as the vehicle for granting new equity-based awards substantially similar to those authorized under the 2007 Plan. In general, the 2015 Plan authorizes the grant of stock options intended to qualify as incentive stock options, nonqualified stock options, stock appreciation rights, restricted stock, restricted stock units, performance units, and other equity and cash related awards as determined by our Compensation Committee. An aggregate of 1,200,000 shares of common stock were authorized for issuance under the 2015 Plan, with certain sub-limits At January 27, 2019, there were 969,406 shares available for future equity-based grants under our 2015 plan. Performance Based Restricted Stock Units Executive Management (NEOs) Fiscal 2019 and 2018 On August 2, 2018 (Fiscal 2019), and July 13, 2017 (Fiscal 2018), 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 at the fair market value on the date of grant (August 2, 2018 and 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 component. The following table provides assumptions used to determine the fair market value of the market-based shareholder return component using the Monte Carlo simulation model on the date of grants noted above: Fiscal 2019 Fiscal 2018 Closing price of our common stock $ 24.35 $ 32.50 Expected volatility of our common stock 33.5% 31.0% Expected volatility of peer companies 16.0% 16.5% Risk-free interest rate 2.74% 1.56% Dividend yield 1.35% 1.66% Correlation coefficient of peer companies 0.47 0.46 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, 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 August 2, 2018 (1) 86,599 $ 18.51 (4) 3 years August 2, 2018 (2) 47,800 $ 24.35 (6) 3 years July 13, 2017 (1) 78,195 $ 31.85 (5) 3 years July 13, 2017 (2) 44,000 $ 32.50 (6) 3 years July 14, 2016 (1) (2) 107,880 $ 28.00 (6) 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 ($0.76 per $1 or a reduction of $5.84 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 ($24.35) for the performance-based components of the performance-based restricted stock units granted to our NEOs on August 2, 2018. (5) 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. (6) 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 $ 18.47 (2) 3 years (1) Amounts represent the maximum number of common stock shares that could be earned if certain performance targets are met as defined in the related restricted stock unit agreements. (2) The respective grant was unvested at the end of our reporting period. Accordingly, the price per share represents the closing price of our common stock on January 27, 2019, the end of our reporting period. The following table summarizes information related to our performance based restricted stock units that vested during the nine-month periods ending January 27, 2019 and January 28, 2018: Fiscal Year Restricted Stock (3) Weighted Average Fiscal 2019 (1) 126,232 $ 3,707 $ 29.37 (4) Fiscal 2019 (2) 10,364 $ 320 $ 30.90 (4) Fiscal 2018 (1) 102,845 $ 3,342 $ 32.50 (4) Fiscal 2018 (2) 16,000 $ 520 $ 32.50 (4) (1) NEOs and key employees. (2) Non-employee (3) Dollar amounts are in thousands. (4) The weighted average price per share is derived from the closing prices of our common stock on the dates the respective performance based restricted stock units vested. Overall We recorded compensation expense of $259,000 and $2.2 million within selling, general, and administrative expenses for the nine-month periods ending January 27, 2019 and January 28, 2018, 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 January 27, 2019, the remaining unrecognized compensation cost related to our performance based restricted stock units was $760,000, which is expected to be recognized over a weighted average vesting period of 2.0 years. At January 27, 2019, the performance based restricted stock units that were expected to vest had a fair value totaling $1.2 million. Time Based Restricted Stock Units Fiscal 2019 On August 2, 2018, we granted 10,000 shares of time-based restricted stock units to certain key employees. These awards will vest over a period of 59 months and were measured at their fair market value, which was $24.35 per share, and represents the closing price of our common stock at the date of grant. Fiscal 2018 Grant On July 13, 2017, an employee was granted 1,200 shares of time vested restricted stock units which vested over the requisite service period of 11 months. This award was measured at its fair market value, which was $32.50 per share, and represented the closing price of our common stock on the date of grant. During the first quarter of fiscal 2019, 1,200 shares of common stock associated with this grant vested and had a weighted average grant date 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 grant date fair value of $34,000 or $28 per share. Overall We recorded compensation expense of $30,000 and $28,000 within selling, general, and administrative expense associated with our time vested restricted stock unit awards for the nine-month periods ending January 27, 2019 and January 28, 2018, respectively. At January 27, 2019, the remaining unrecognized compensation cost related to our time vested restricted stock units was $219,000, which is expected to be recognized over a weighted average vesting period of 4.4 years. At January 27, 2019, the time vested restricted stock awards that were expected to vest had a fair value totaling $185,000. Common Stock Awards We granted a total of 3,600 and 4,800 shares of common stock to our outside directors on October 1, 2018, and October 2, 2017, respectively. These shares of common stock vested immediately and were valued based on the fair market value on the date of grant. The fair value of these awards were $23.45 and $33.20 per share, on October 1, 2018, and October 2, 2017, which represents the closing price of our common stock on the date of grant. We recorded $84,000 and $159,000 of compensation expense within selling, general, and administrative expense for these common stock awards for the nine-month periods ending January 27, 2019 and January 28, 2018, respectively.

Statutory Reserves

Statutory Reserves	9 Months Ended
Statutory Reserves	Jan. 27, 2019
Text Block [Abstract]
Statutory Reserves	21. Statutory Reserves Our subsidiaries located in China are required to transfer 10% of their net income, as determined in accordance with the People’s Republic of China (PRC) accounting rules and regulations, to a statutory surplus reserve fund until such reserve balance reaches 50% of the company’s registered capital. The transfer to this reserve must be made before distributions of any dividend to shareholders. As of January 27, 2019, 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	9 Months Ended
Commitments and Contingencies	Jan. 27, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	22. Commitments and Contingencies Litigation The company is involved in legal proceedings and claims which have arisen in the ordinary course of business. Management has determined that it is not reasonably possible that these actions, when ultimately concluded and settled, will have a material adverse effect upon the financial position, results of operations, or cash flows of the company. Accounts Payable – Capital Expenditures At January 27, 2019, we had total amounts due regarding capital expenditures totaling $91,000, which pertained to outstanding vendor invoices, none of which were financed. The total outstanding amount of $91,000 is required to be paid based on normal credit terms. At January 28, 2018, and April 29, 2018, we had total amounts due regarding capital expenditures totaling $1.6 million and $1.8 million, respectively, of which $1.4 million was financed and pertained to completed work for the construction of a new building (see below). Purchase Commitments – Capital Expenditures At January 27, 2019, we had open purchase commitments to acquire equipment for our mattress fabrics segment totaling $632,000. Mattress Fabrics 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, and a 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 13 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	9 Months Ended
Common Stock Repurchase Program	Jan. 27, 2019
Text Block [Abstract]
Common Stock Repurchase Program	23. Common Stock Repurchase Program On June 15, 2016, we announced that our board of directors approved an authorization for us to acquire up to $5.0 million of our common stock. Under the common stock repurchase program, shares may be purchased from time to time in open market transactions, block trades, through plans established under the Securities Exchange Act Rule 10b5-1, During the nine-month period ended January 27, 2019, we purchased 160,423 shares of our common stock at a cost of $3.3 million. During the nine-month period ended January 28, 2018, we did not purchase any shares of our common stock. At January 27, 2019, we had $1.7 million available for repurchases of our common stock.

Dividend Program

Dividend Program	9 Months Ended
Dividend Program	Jan. 27, 2019
Text Block [Abstract]
Dividend Program	24. Dividend Program On February 27, 2019, we announced that our board of directors approved a quarterly cash dividend of $0.10 per share. This payment will be made on April 15, 2019, to shareholders of record as of April 1, 2019. During the nine months ended January 27, 2019, dividend payments totaled $3.5 million, which represented quarterly dividend payments ranging from $0.09 per share to $0.10 per share. During the nine months ended January 28, 2018, dividend payments totaled $5.7 million, of which $2.6 million represented a special cash dividend payment of $0.21 per share, and $3.1 million represented quarterly dividend payments ranging from $0.08 per share to $0.09 per share. 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 Polici_2

Significant Accounting Policies (Policies)	9 Months Ended
Significant Accounting Policies (Policies)	Jan. 27, 2019
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 Leases We are required to apply this guidance in our fiscal 2020 interim and annual financial statements and are currently assessing the impact that this guidance will have on our consolidated financial statements. We do expect this guidance to have a material impact on our financial position due to the requirement to recognize right-of-use

Business Combinations (Tables)

Business Combinations (Tables)	9 Months Ended
Business Combinations (Tables)	Jan. 27, 2019
Schedule of Unaudited Pro Forma Consolidated Results of Operations	The following unaudited pro forma consolidated results of operations for the three-month and nine-month periods ending January 27, 2019, and January 28, 2018, 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) January 27, 2019 January 28, 2018 Net Sales $ 77,226 $ 93,451 Income from operations 4,299 7,257 Net income (loss) 3,060 (1,073 ) Net loss (income)—noncontrolling interest 94 (36 ) Net income (loss)—Culp Inc. common shareholders 3,154 (1,109 ) Net income (loss) per share (basic)—Culp Inc. common shareholders 0.25 (0.09 ) Net income (loss) per share (diluted)—Culp Inc. common shareholders 0.25 (0.09 ) Nine Months Ended (dollars in thousands, except per share data) January 27, 2019 January 28, 2018 Net Sales $ 228,830 $ 270,950 Income from operations 10,657 20,799 Net income 6,943 7,901 Net loss (income)—noncontrolling interest 83 (27 ) Net income—Culp Inc. common shareholders 7,026 7,874 Net income per share (basic)—Culp Inc. common shareholders 0.56 0.63 Net income per share (diluted)—Culp Inc. common shareholders 0.56 0.62
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 final 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)	9 Months Ended
Accounts Receivable (Tables)	Jan. 27, 2019
Receivables [Abstract]
Summary of Accounts Receivable	A summary of accounts receivable follows: (dollars in thousands January 27, 2019 January 28, 2018 April 29, 2018 Customers $ 26,748 $ 27,666 $ 28,097 Allowance—doubtful accounts (388 ) (357 ) (357 ) Allowance—cash discounts (197 ) (222 ) (245 ) Allowance—sales returns & allowances (1) (21 ) (990 ) (1,188 ) $ 26,142 $ 26,097 $ 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: Nine months ended (dollars in thousands) January 27, 2019 January 28, 2018 Beginning balance $ (357 ) $ (414 ) Provision for bad debts (78 ) 57 Net write-offs, net of recoveries 47 — Ending balance $ (388 ) $ (357 )
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: Nine months ended (dollars in thousands) January 27, 2019 January 28, 2018 Beginning balance $ (1,433 ) $ (1,220 ) Adoption of ASC Topic 606 (1) 1,145 — Provision for returns, allowances and discounts (1,612 ) (2,332 ) Credits issued 1,682 2,340 Ending balance $ (218 ) $ (1,212 )

Revenue (Tables)

Revenue (Tables)	9 Months Ended
Revenue (Tables)	Jan. 27, 2019
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 such amounts 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 for the three-month and nine-month periods ended January 27, 2019, are as follows: (dollars in thousands) Three Months Ended Adjustments Due to Balances Without Statements of Net Income Net Sales $ 77,226 $ 13 $ 77,239 Cost of Sales 63,103 13 63,116 (dollars in thousands) Nine Months Ended Adjustments Due to Balances Without Statements of Net Income Net Sales $ 225,705 $ (17 ) $ 225,688 Cost of Sales 187,697 (17 ) 187,680 The effect of adopting ASC 606 on our Consolidated Balance Sheets for the period ended January 27, 2019, is as follows: ( dollars in thousands January 27, 2019 Adjustments Due to Balances Without Balance Sheet Assets: Accounts Receivable $ 26,142 $ (1,092) $ 25,050 Other Current Assets 2,954 (17) 2,937 Liabilities: Accrued Expenses $ 9,740 (1,109) $ 8,631 (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 such amounts with the estimated sales returns liability.
Summary of Activity for Deferred Revenue	A summary of the activity of deferred revenue for the three-month and nine-month periods ended January 27, 2019 follows: ( dollars in thousands Three Months Ended Balance as of October 28, 2018 $ 649 Revenue recognized on contract liabilities during the period (637) Payments received for services not yet rendered during the period 480 Balance as of January 27, 2019 $ 492 ( dollars in thousands Nine Months Ended Balance as of April 29, 2018 $ 809 Revenue recognized on contract liabilities during the period (2,171) Payments received for services not yet rendered during the period 1,854 Balance as of January 27, 2019 $ 492
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 January 27, 2019: Net Sales (dollars in thousands) Mattress Upholstery Home Total Products transferred at a point in time $ 35,732 $ 34,730 $ 4,390 $ 74,852 Services transferred over time — 2,374 — 2,374 Total Net Sales $ 35,732 $ 37,104 $ 4,390 $ 77,226 The following table presents our disaggregated revenue by segment, timing of revenue recognition, and product sales versus services rendered for the nine-month period ending January 27, 2019: Net Sales (dollars in thousands) Mattress Upholstery Home Total Products transferred at a point in time $ 107,335 $ 98,610 $ 11,759 $ 217,704 Services transferred over time — 8,001 — 8,001 Total Net Sales $ 107,335 $ 106,611 $ 11,759 $ 225,705

Inventories (Tables)

Inventories (Tables)	9 Months Ended
Inventories (Tables)	Jan. 27, 2019
Inventory Disclosure [Abstract]
Summary of Inventories	A summary of inventories follows: ( dollars in thousands January 27, 2019 January 28, 2018 April 29, 2018 Raw materials $ 5,745 $ 6,654 $ 6,024 Work-in-process 2,610 3,151 3,264 Finished goods 47,060 45,846 44,166 $ 55,415 $ 55,651 $ 53,454

Intangible Assets (Tables)

Intangible Assets (Tables)	9 Months Ended
Intangible Assets (Tables)	Jan. 27, 2019
Summary of Intangible Assets	A summary of intangible assets follows: ( dollars in thousands January 27, 2019 January 28, 2018 April 29, 2018 Tradenames $ 7,232 $ — $ 683 Customer relationships, net 2,613 625 2,839 Non-compete 697 772 753 $ 10,542 $ 1,397 $ 4,275
Summary of Acquired Tradenames	A summary of the carrying amount of our tradenames from our recent acquisitions (see Note 3) follow: (dollars in thousands January 27, 2019 January 28, 2018 April 29, 2018 Read $ 683 $ — $ 683 eLuxury 6,549 — — $ 7,232 $ — $ 683
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: Nine months ended ( dollars in thousands January 27, 2019 January 28, 2018 Beginning balance $ 2,839 $ 664 Amortization expense (226) (39) Ending balance $ 2,613 $ 625
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 Nine months ended ( dollars in thousands January 27, 2019 January 28, 2018 Beginning balance $ 753 $ 828 Amortization expense (56) (56) Ending balance $ 697 $ 772

Goodwill (Tables)

Goodwill (Tables)	9 Months Ended
Goodwill (Tables)	Jan. 27, 2019
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: Nine months ended (dollars in thousands) January 27, 2019 January 28, 2018 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 _2

Investment in Unconsolidated Joint Venture (Tables)	9 Months Ended
Investment in Unconsolidated Joint Venture (Tables)	Jan. 27, 2019
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) January 27, January 28, April 29, Total assets $ 3,255 $ 3,186 $ 3,130 Total liabilities $ 230 $ 150 $ 128 Total members’ equity $ 3,025 $ 3,036 $ 3,002

Accrued Expenses (Tables)

Accrued Expenses (Tables)	9 Months Ended
Accrued Expenses (Tables)	Jan. 27, 2019
Text Block [Abstract]
Summary of Accrued Expenses	A summary of accrued expenses follows: (dollars in thousands) January 27, 2019 January 28, 2018 April 29, 2018 Compensation, commissions and related benefits $ 4,848 $ 6,288 $ 6,918 Interest — 5 20 Other accrued expenses 4,892 2,549 3,150 $ 9,740 $ 8,842 $ 10,088

Exit and Disposal Activity (Tab

Exit and Disposal Activity (Tables)	9 Months Ended
Exit and Disposal Activity (Tables)	Jan. 27, 2019
Restructuring and Related Activities [Abstract]
Summary of Restructuring Credit and Related Charges Associated with Exit and Disposal Activity	The following summarizes our restructuring credit and related charges totaling $1.6 million that were associated with the above exit and disposal activity: (dollars in thousands) Nine months ended Inventory markdowns $ 1,564 Other operating costs associated with a closed facility 824 Employee termination benefits 661 Gain on sale of property, plant, and equipment (1,486 ) $ 1,563
Summary of Activity in Restructuring Accrual	The following summarizes the activity in the restructuring accrual: (dollars in thousands) Nine months ended Accrual established in fiscal 2019 $ 451 Paid in fiscal 2019 (434 ) Adjustments in fiscal 2019 211 $ 228

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	9 Months Ended
Fair Value of Financial Instruments (Tables)	Jan. 27, 2019
Fair Value Disclosures [Abstract]
Schedule of Assets Measured at Fair Value on a Recurring Basis	The following table presents information about assets measured at fair value on a recurring basis: Fair value measurements at January 27, 2019 using: Quoted prices Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 6,433 N/A N/A $ 6,433 Growth Allocation Fund 184 N/A N/A 184 Moderate Allocation Fund 119 N/A N/A 119 Other 98 N/A N/A 98 Fair value measurements at January 28, 2018 using: Quoted prices Significant other Significant (amounts in thousands) Level 1 Level 2 Level 3 Total Assets: Premier Money Market Fund $ 6,287 N/A N/A $ 6,287 Low Duration Bond Fund 1,085 N/A N/A 1,085 Intermediate Term Bond Fund 759 N/A N/A 759 Strategic Income Fund 628 N/A N/A 628 Large Blend Fund 431 N/A N/A 431 Growth Allocation Fund 171 N/A N/A 171 Moderate Allocation Fund 114 N/A N/A 114 Other 173 N/A N/A 173 Fair value measurements at 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 January 27, 2019, 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 January 27, 2019 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 $ 5,781 $ 5,781 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)	9 Months Ended
Derivatives (Tables)	Jan. 27, 2019
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) January 27, 2019 April 29, 2018 Derivatives designated as hedging instruments under ASC Topic 815 Balance Fair Balance Fair Euro Foreign Exchange Contract Accrued $ — Accrued $ 55
Schedule of Gains and Losses on Derivative Instruments	At January 28, 2018, we did not have any derivatives designated as hedging instruments under ASC Topic 815. Derivatives in ASC Topic Hedging Relationships Amt of Gain (Loss) (net of tax) Location of Gain or (Effective Portion) Amount of Gain or (Loss) Location of Gain Amount of Gain (loss) (net of tax) Nine Nine Nine Nine Nine Nine EURO Foreign Exchange Contract $ 56 $ — Other Expense $ (64 ) $ — Other Expense $ — $ —

Cash Flow Information (Tables)

Cash Flow Information (Tables)	9 Months Ended
Cash Flow Information (Tables)	Jan. 27, 2019
Supplemental Cash Flow Elements [Abstract]
Schedule of Interest and Income Taxes Paid	Interest and income taxes paid are as follows: Nine months ended (dollars in thousands) January 27, 2019 January 28, 2018 Interest $ 54 $ 181 Income taxes 6,226 3,426

Net Income (Loss) Per Share (Ta

Net Income (Loss) Per Share (Tables)	9 Months Ended
Net Income (Loss) Per Share (Tables)	Jan. 27, 2019
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 (loss) per share follows: Three months ended (amounts in thousands) January 27, 2019 January 28, 2018 Weighted average common shares outstanding, basic 12,438 12,436 Dilutive effect of stock-based compensation 27 — Weighted average common shares outstanding, diluted 12,465 12,436 Nine months ended (amounts in thousands) January 27, 2019 January 28, 2018 Weighted average common shares outstanding, basic 12,488 12,425 Dilutive effect of stock-based compensation 105 201 Weighted average common shares outstanding, diluted 12,593 12,626

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
Segment Information (Tables)	Jan. 27, 2019
Segment Reporting [Abstract]
Schedule of Operating Segments Information	Financial information for the company’s operating segments follows: Three months ended January 27, 2019 January 28, 2018 Net sales: Mattress Fabrics $ 35,732 $ 49,042 Upholstery Fabrics 37,104 36,268 Home Accessories 4,390 — $ 77,226 $ 85,310 Gross profit: Mattress Fabrics $ 5,963 $ 10,146 Upholstery Fabrics 7,624 7,457 Home Accessories 1,050 — Total segment gross profit $ 14,637 $ 17,603 Restructuring related charges (1) (514 ) — $ 14,123 $ 17,603 Selling, general, and administrative expenses Mattress Fabrics $ 2,755 $ 3,309 Upholstery Fabrics 3,825 3,947 Home Accessories 1,361 — Unallocated corporate expenses 1,628 2,703 Total segment selling, general, and administrative expenses 9,569 9,959 Other non-recurring 429 — Restructuring related charges (2) 40 — $ 10,038 $ 9,959 Income (loss) from operations: Mattress Fabrics $ 3,208 $ 6,837 Upholstery Fabrics 3,799 3,510 Home Accessories (311 ) — Unallocated corporate expenses (1,628 ) (2,703 ) Total segment income from operations 5,068 7,644 Other non-recurring (429 ) — Restructuring credit and related charges (2) (3) (340 ) — Total income from operations 4,299 7,644 Interest expense — (31 ) Interest income 251 132 Other expense (288 ) (229 ) Income before income taxes $ 4,262 $ 7,516 (1) The $514 represents a restructuring related charge for other operating costs associated with our closed upholstery fabrics plant facility located in Anderson, SC. (2) Amounts represent non-recurring (3) The $340 represents restructuring related charges totaling $554 noted in notes 1 and 2 above, partially offset by a restructuring credit of $214. The $214 restructuring credit represents a $362 gain on the sale of the building and land associated with our Anderson, SC upholstery fabrics plant facility, partially offset by a charge of $148 for employee termination benefits. Nine months ended January 27, 2019 January 28, 2018 Net sales: Mattress Fabrics $ 107,335 $ 146,072 Upholstery Fabrics 106,611 99,469 Home Accessories 11,759 — $ 225,705 $ 245,541 Gross profit: Mattress Fabrics $ 17,050 $ 29,641 Upholstery Fabrics 20,031 20,232 Home Accessories 3,435 — Total segment gross profit $ 40,516 $ 49,873 Other non-recurring (159 ) — Restructuring related charges (5) (2,349 ) — $ 38,008 $ 49,873 Selling, general, and administrative expenses Mattress Fabrics $ 8,141 $ 9,868 Upholstery Fabrics 10,985 11,458 Home Accessories 3,690 — Unallocated corporate expenses 4,800 7,550 Total segment selling, general, and administrative expenses 27,616 28,876 Other non-recurring 518 — Restructuring related charges (2) 40 — $ 28,174 $ 28,876 Income (loss) from operations: Mattress Fabrics $ 8,910 $ 19,774 Upholstery Fabrics 9,044 8,773 Home Accessories (254 ) — Unallocated corporate expenses (4,800 ) (7,550 ) Total segment income from operations 12,900 20,997 Other non-recurring (678 ) — Restructuring credit and related charges (7) (1,563 ) — Total income from operations 10,659 20,997 Interest expense (38 ) (69 ) Interest income 552 391 Other expense (688 ) (903 ) Income before income taxes $ 10,485 $ 20,416 (4) The $159 represents a non-recurring (5) The $2.4 million consists of a restructuring related charges of $1.6 million for inventory markdowns and $784 for other operating costs associated with our closed upholstery fabrics plant facility located in Anderson, SC. (6) The $518 represents non-recurring (7) The $1.6 million represents restructuring related charges totaling $2.4 million noted in notes 2 and 5 above, partially offset by a restructuring credit of $825. The $825 restructuring credit represents a $1.5 million gain on the sale of property, plant, and equipment associated with our Anderson, SC upholstery fabrics plant facility, partially offset by a charge of $661 for employee termination benefits. Balance sheet information for the company’s operating segments follows: (dollars in thousands) January 27, 2019 January 28, 2018 April 29, 2018 Segment assets: Mattress Fabrics Accounts receivable $ 12,373 $ 12,840 $ 15,195 Inventory 26,243 29,355 28,740 Property, plant and equipment (1) 45,845 49,289 48,797 Investment in unconsolidated joint venture 1,512 1,518 1,501 Total mattress fabrics assets 85,973 93,002 94,233 Upholstery Fabrics Accounts receivable 13,367 13,257 11,112 Inventory 26,067 26,296 24,714 Property, plant and equipment (2) 1,957 2,101 2,445 Total upholstery fabrics assets 41,391 41,654 38,271 Home Accessories Accounts receivable 402 — — Inventory 3,105 — — Property, plant and equipment (3) 1,985 — — Total home accessories assets 5,492 — — Total segment assets 132,856 134,656 132,504 Non-segment Cash and cash equivalents 26,418 22,428 21,228 Short-term investments (Available for Sale) — 2,472 2,451 Short-term investments (Held-to-Maturity) 13,544 17,206 25,759 Other current assets 2,954 3,114 2,870 Deferred income taxes 3,224 1,942 1,458 Property, plant and equipment (4) 342 448 552 Goodwill 27,222 11,462 13,569 Intangible assets 10,542 1,397 4,275 Long-term investments (Held-to-Maturity) — 13,625 5,035 Long-term investments (Rabbi Trust) 6,834 7,176 7,326 Other assets 972 918 957 Total assets $ 224,908 $ 216,844 $ 217,984 Nine months ended (dollars in thousands) January 27, 2019 January 28, 2018 Capital expenditures (5): Mattress Fabrics $ 2,342 $ 5,445 Upholstery Fabrics 294 379 Home Accessories 33 — Unallocated Corporate 11 47 Total capital expenditures $ 2,680 $ 5,871 Depreciation expense: Mattress Fabrics $ 5,265 $ 5,068 Upholstery Fabrics 595 611 Home Accessories 227 — Total depreciation expense $ 6,087 $ 5,679 (1) The $45.8 million at January 27, 2019, represents property, plant, and equipment of $33.5 million and $12.3 million located in the U.S. and Canada, respectively. The $49.3 million at January 28, 2018, represents property, plant, and equipment of $35.6 million and $13.7 million located in the U.S. and Canada, respectively. The $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. (2) The $2.0 million at January 27, 2019, represents property, plant, and equipment of $1.3 million and $615 located in the U.S. and China, respectively. The $2.1 million at January 28, 2018, represents property, plant, and equipment of $1.4 million and $711 located in the U.S. and China, respectively. The $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. (3) The $2.0 million at January 27, 2019, represents property, plant and equipment located in the U.S. (4) The $342, $448, and $552 at January 27, 2019, January 28, 2018, and April 29, 2018, respectively, represent property, plant, and equipment associated with unallocated corporate departments and corporate departments shared by our mattress fabrics, upholstery fabrics, and home accessories segments. Property, plant, and equipment associated with corporate are located in the U.S. (5) Capital expenditure amounts are stated on the accrual basis. See Consolidated Statements of Cash Flows for capital expenditure amounts on a cash basis.

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
Income Taxes (Tables)	Jan. 27, 2019
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 contributed 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 for the nine months of each fiscal year: 2019 2018 Federal income tax rate 21.0 % 30.4 % Tax effects of the 2017 Tax Cuts and Jobs Act (5.7 ) 28.4 Foreign income tax rate differential 10.1 3.9 Global Intangible Low Taxed Income Tax (GILTI) 2.6 — Tax effects of Chinese foreign exchange gains (losses) 1.4 (2.9 ) Excess income tax deficiency (benefits) related to stock-based compensation 0.7 (2.3 ) Other 2.4 1.1 32.5 % 58.6 %
Summary of Valuation Allowances Against Deferred Income Taxes	Based on our assessments at January 27, 2019, January 28, 2018, and April 29, 2018, valuation allowances against our deferred income taxes pertain to the following jurisdictions: (dollars in thousands) January 27, January 28, April 29, U.S. foreign income tax credits $ 4,550 2,277 4,550 U.S. state loss carryforwards and credits 903 495 578 Polish loss carryforwards — 73 76 $ 5,453 2,845 5,204

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
Stock-Based Compensation (Tables)	Jan. 27, 2019
Summary of Assumptions Used to Determine Fair Value of Performance Based Restricted Stock Units	The following table provides assumptions used to determine the fair market value of the market-based shareholder return component using the Monte Carlo simulation model on the date of grants noted above: Fiscal 2019 Fiscal 2018 Closing price of our common stock $ 24.35 $ 32.50 Expected volatility of our common stock 33.5% 31.0% Expected volatility of peer companies 16.0% 16.5% Risk-free interest rate 2.74% 1.56% Dividend yield 1.35% 1.66% Correlation coefficient of peer companies 0.47 0.46
Summary of Vested Performance Based Restricted Stock Units	The following table summarizes information related to our performance based restricted stock units that vested during the nine-month periods ending January 27, 2019 and January 28, 2018: Fiscal Year Restricted Stock (3) Weighted Average Fiscal 2019 (1) 126,232 $ 3,707 $ 29.37 (4) Fiscal 2019 (2) 10,364 $ 320 $ 30.90 (4) Fiscal 2018 (1) 102,845 $ 3,342 $ 32.50 (4) Fiscal 2018 (2) 16,000 $ 520 $ 32.50 (4) (1) NEOs and key employees. (2) Non-employee (3) Dollar amounts are in thousands. (4) The weighted average price per share is derived from the closing prices of our common stock on the dates the respective performance based restricted stock units 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 August 2, 2018 (1) 86,599 $ 18.51 (4) 3 years August 2, 2018 (2) 47,800 $ 24.35 (6) 3 years July 13, 2017 (1) 78,195 $ 31.85 (5) 3 years July 13, 2017 (2) 44,000 $ 32.50 (6) 3 years July 14, 2016 (1) (2) 107,880 $ 28.00 (6) 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 ($0.76 per $1 or a reduction of $5.84 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 ($24.35) for the performance-based components of the performance-based restricted stock units granted to our NEOs on August 2, 2018. (5) 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. (6) 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 $ 18.47 (2) 3 years (1) Amounts represent the maximum number of common stock shares that could be earned if certain performance targets are met as defined in the related restricted stock unit agreements. (2) The respective grant was unvested at the end of our reporting period. Accordingly, the price per share represents the closing price of our common stock on January 27, 2019, 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	Jan. 27, 2019	Jan. 27, 2019	Apr. 29, 2018
Business Acquisition [Line Items]
Contingent consideration-earn-out obligation							$ 5,781,000	$ 5,781,000
Carrying amount of non-controlling interest							4,457,000	4,457,000
Net loss attributable to non-controlling interest							(94,000)	$ (75,000)
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 an earn-out payment based on adjusted EBITDA as defined in the Asset Agreement, for calendar year 2018 in excess of fifty percent of a pre-established adjusted EBITDA target.
Contingent consideration arrangement, basis for amount								Based on actual financial results in relation to the pre-established adjusted EBITDA target, a contingent payment will not be made, and therefore, no contingent liability has been recorded.
Contingent liability							0	$ 0
eLuxury [Member]
Business Acquisition [Line Items]
Base purchase price of consideration transferred	$ 12,500,000
Payment for acquisition	$ 11,600,000				$ 185,000
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 owner of the noncontrolling interest, an earn-out payment based on a multiple of adjusted EBITDA as defined in the Equity Agreement, for the twelve-month period ending August 31, 2021, less $12.0 million.
Contingent consideration arrangement, basis for amount								We recorded a contingent liability at the acquisition date 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
Contingent consideration, minimum multiple of adjusted EBITDA for earn-out payment	12,000,000
Carrying amount of non-controlling interest							$ 4,457,000	$ 4,457,000
Non-controlling interest	$ 4,532,000
Net loss attributable to non-controlling interest								(75,000)
Revenue								11,800,000
Net loss								(248,000)
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
eLuxury [Member]
Business Acquisition [Line Items]
Noncontrolling interest	20.00%
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%
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

Business Combinations - Schedul

Business Combinations - Schedule of Allocation of Acquisition Cost to Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Thousands	Jan. 27, 2019	Jun. 22, 2018	Apr. 29, 2018	[1]	Apr. 01, 2018	Jan. 28, 2018	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 - Sched_2

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		9 Months Ended
	Jan. 27, 2019	Jan. 28, 2018	Jan. 27, 2019	Jan. 28, 2018
Business Acquisition [Line Items]
Net Sales	$ 77,226	$ 93,451	$ 228,830	$ 270,950
Income from operations	4,299	7,257	10,657	20,799
Net income (loss)	3,060	(1,073)	6,943	7,901
Net loss (income)-noncontrolling interest	94	(36)	83	(27)
Net income (loss)-Culp Inc. common shareholders	$ 3,154	$ (1,109)	$ 7,026	$ 7,874
Net income (loss) per share (basic)-Culp Inc. common shareholders	$ 0.25	$ (0.09)	$ 0.56	$ 0.63
Net income (loss) per share (diluted)-Culp Inc. common shareholders	$ 0.25	$ (0.09)	$ 0.56	$ 0.62

Accounts Receivable (Detail)

Accounts Receivable (Detail) - USD ($) $ in Thousands		Jan. 27, 2019	Apr. 30, 2018	Apr. 29, 2018		Jan. 28, 2018	Apr. 30, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customers		$ 26,748		$ 28,097		$ 27,666
Accounts receivable, net		26,142	$ 27,452	26,307	[1]	26,097
Allowance for doubtful accounts [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Valuation allowance, balance		(388)		(357)		(357)	$ (414)
Allowance for cash discounts [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Valuation allowance, balance		(197)		(245)		(222)
Allowance for sales returns and allowances [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Valuation allowance, balance	[2]	$ (21)		$ (1,188)		$ (990)

[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	9 Months Ended
	Jan. 27, 2019	Jan. 28, 2018
Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning balance	$ (357)	$ (414)
Provision for bad debts	(78)	57
Net write-offs, net of recoveries	47
Ending balance	$ (388)	$ (357)

Accounts Receivable - Allowan_2

Accounts Receivable - Allowance for Returns and Allowances and Discounts (Detail) - Reserve for returns and allowances and discounts [Member] - USD ($) $ in Thousands		9 Months Ended
		Jan. 27, 2019	Jan. 28, 2018
Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning balance		$ (1,433)	$ (1,220)
Provision for returns, allowances and discounts		(1,612)	(2,332)
Credits issued		1,682	2,340
Ending balance		(218)	$ (1,212)
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		9 Months Ended
		Jan. 27, 2019	Jan. 28, 2018	Jan. 27, 2019	Jan. 28, 2018	Apr. 30, 2018	Apr. 29, 2018
Assets:
Accounts Receivable		$ 26,142	$ 26,097	$ 26,142	$ 26,097	$ 27,452	$ 26,307	[1]
Other current assets		2,954	3,114	2,954	3,114	2,897	2,870	[1]
Liabilities:
Accrued expenses		9,740	8,842	9,740	8,842	10,497	9,325	[1]
Statements of Net Income
Net Sales		77,226	85,310	225,705	245,541
Cost of sales		63,103	$ 67,707	187,697	$ 195,668
Accounting Standards Update 2014-09 [Member] \| Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Assets:
Accounts Receivable		25,050		25,050			26,307
Other current assets		2,937		2,937			2,870
Liabilities:
Accrued expenses		8,631		8,631			$ 9,325
Statements of Net Income
Net Sales		77,239		225,688
Cost of sales		63,116		187,680
Accounting Standards Update 2014-09 [Member] \| Adjustments Due to ASC 606 Adoption [Member]
Assets:
Accounts Receivable	[2]	(1,092)		(1,092)		1,145
Other current assets	[2]	(17)		(17)		27
Liabilities:
Accrued expenses	[2]	(1,109)		(1,109)		$ 1,172
Statements of Net Income
Net Sales	[2]	13		(17)
Cost of sales	[2]	$ 13		$ (17)

[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 such amounts with the estimated sales returns liability.

Revenue - Narrative (Detail)

Revenue - Narrative (Detail)	9 Months Ended
Revenue - Narrative (Detail)	Jan. 27, 2019USD ($)
Disaggregation of Revenue [Line Items]
Contract assets recognized	$ 0
Home Accessories [Member]
Disaggregation of Revenue [Line Items]
Sales return period	30 days
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) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Jan. 27, 2019	Jan. 27, 2019
Revenue from Contract with Customer [Abstract]
Beginning balance	$ 649	$ 809	[1]
Revenue recognized on contract liabilities during the period	(637)	(2,171)
Payments received for services not yet rendered during the period	480	1,854
Ending balance	$ 492	$ 492

[1]	Derived from audited financial statements.

Revenue - Disaggregation of Rev

Revenue - Disaggregation of Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2019	Jan. 28, 2018	Jan. 27, 2019	Jan. 28, 2018
Disaggregation of Revenue [Line Items]
Total Net Sales	$ 77,226	$ 85,310	$ 225,705	$ 245,541
Transferred at Point in Time [Member] \| Product [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	74,852		217,704
Transferred over Time [Member] \| Services [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	2,374		8,001
Mattress Fabrics [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	35,732		107,335
Mattress Fabrics [Member] \| Transferred at Point in Time [Member] \| Product [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	35,732		107,335
Upholstery Fabrics [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	37,104		106,611
Upholstery Fabrics [Member] \| Transferred at Point in Time [Member] \| Product [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	34,730		98,610
Upholstery Fabrics [Member] \| Transferred over Time [Member] \| Services [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	2,374		8,001
Home Accessories [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	4,390		11,759
Home Accessories [Member] \| Transferred at Point in Time [Member] \| Product [Member]
Disaggregation of Revenue [Line Items]
Total Net Sales	$ 4,390		$ 11,759

Inventories (Detail)

Inventories (Detail) - USD ($) $ in Thousands	Jan. 27, 2019	Apr. 29, 2018		Jan. 28, 2018
Inventory Disclosure [Abstract]
Raw materials	$ 5,745	$ 6,024		$ 6,654
Work-in-process	2,610	3,264		3,151
Finished goods	47,060	44,166		45,846
Inventories	$ 55,415	$ 53,454	[1]	$ 55,651

[1]	Derived from audited financial statements.

Intangible Assets - Summary of

Intangible Assets - Summary of Intangible Assets (Detail) - USD ($) $ in Thousands	Jan. 27, 2019	Apr. 29, 2018		Jan. 28, 2018	Apr. 30, 2017
Intangible Assets [Line Items]
Tradenames	$ 7,232	$ 683
Intangible assets	10,542	4,275	[1]	$ 1,397
Customer Relationships [Member]
Intangible Assets [Line Items]
Finite-lived intangible assets, net	2,613	2,839		625	$ 664
Non-Compete Agreement [Member]
Intangible Assets [Line Items]
Finite-lived intangible assets, net	$ 697	$ 753		$ 772	$ 828

[1]	Derived from audited financial statements.

Intangible Asset - Tradenames (

Intangible Asset - Tradenames (Detail) - USD ($) $ in Thousands	Jan. 27, 2019	Apr. 29, 2018
Indefinite-lived Intangible Assets [Line Items]
Tradenames	$ 7,232	$ 683
Read Window Products, LLC [Member]
Indefinite-lived Intangible Assets [Line Items]
Tradenames	683	$ 683
eLuxury [Member]
Indefinite-lived Intangible Assets [Line Items]
Tradenames	$ 6,549

Intangible Assets - Summary o_2

Intangible Assets - Summary of Change in Carrying Amount of Finite-Lived Intangible Assets (Detail) - USD ($) $ in Thousands	9 Months Ended
	Jan. 27, 2019	Jan. 28, 2018
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance	$ 2,839	$ 664
Amortization expense	(226)	(39)
Ending balance	2,613	625
Non-Compete Agreement [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance	753	828
Amortization expense	(56)	(56)
Ending balance	$ 697	$ 772

Intangible Assets - Narrative (

Intangible Assets - Narrative (Detail) - USD ($) $ in Thousands	9 Months Ended
	Jan. 27, 2019	Apr. 29, 2018	Apr. 01, 2018	Jan. 28, 2018	Apr. 30, 2017
Intangible Assets [Line Items]
Gross carrying amount of customer relationships	$ 3,100	$ 3,100		$ 868
Gross carrying amount of non-compete agreement	2,000	2,000		2,000
Customer Relationships [Member]
Intangible Assets [Line Items]
Finite-lived intangible assets, net	2,613	2,839		625	$ 664
Accumulated amortization	502	276		243
Remaining amortization expense for the fiscal year	75
Remaining amortization expense for the second fiscal year	301
Remaining amortization expense for the third fiscal year	301
Remaining amortization expense for the fourth fiscal year	301
Remaining amortization expense for the fifth fiscal year	301
Remaining amortization expense for the fiscal year thereafter	$ 1,334
Weighted average remaining amortization period	8 years 10 months 25 days
Customer Relationships [Member] \| Read Window Products, LLC [Member]
Intangible Assets [Line Items]
Fair market value of customer relationship			$ 2,247
Useful life	9 years
Customer Relationships [Member] \| Prior Acquisition [Member]
Intangible Assets [Line Items]
Useful life	17 years
Finite-lived intangible assets, net	$ 574
Non-Compete Agreement [Member]
Intangible Assets [Line Items]
Useful life	15 years
Finite-lived intangible assets, net	$ 697	753		772	$ 828
Accumulated amortization	1,300	$ 1,300		$ 1,200
Remaining amortization expense for the fiscal year	19
Remaining amortization expense for the second fiscal year	75
Remaining amortization expense for the third fiscal year	75
Remaining amortization expense for the fourth fiscal year	75
Remaining amortization expense for the fifth fiscal year	75
Remaining amortization expense for the fiscal year thereafter	$ 378
Weighted average remaining amortization period	9 years 3 months 19 days

Goodwill (Detail)

Goodwill (Detail) - USD ($) $ in Thousands	9 Months Ended
Goodwill (Detail) - USD ($) $ in Thousands	Jan. 27, 2019		Jan. 28, 2018
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 _3

Investment in Unconsolidated Joint Venture - Narrative (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2019	Jan. 28, 2018	Jan. 27, 2019	Jan. 28, 2018	Apr. 29, 2018
Schedule of Equity Method Investments [Line Items]
Income (loss) from investment in unconsolidated joint venture	$ 23	$ (56)	$ (109)	$ (249)
Investment in unconsolidated joint venture	$ 1,512	1,518	$ 1,512	1,518	$ 1,501	[1]
CLIH [Member]
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	50.00%		50.00%
Unconsolidated joint venture, net loss			$ (218)	(498)
Income (loss) from investment in unconsolidated joint venture			(109)	(249)
Investment in unconsolidated joint venture	$ 1,500	$ 1,500	$ 1,500	$ 1,500	$ 1,500

[1]	Derived from audited financial statements.

Investment in Unconsolidated _4

Investment in Unconsolidated Joint Venture - Summary of Equity Method Investment (Detail) - CLIH [Member] - USD ($) $ in Thousands	Jan. 27, 2019	Apr. 29, 2018	Jan. 28, 2018
Schedule of Equity Method Investments [Line Items]
Total assets	$ 3,255	$ 3,130	$ 3,186
Total liabilities	230	128	150
Total members' equity	$ 3,025	$ 3,002	$ 3,036

Accrued Expenses (Detail)

Accrued Expenses (Detail) - USD ($) $ in Thousands	Jan. 27, 2019	Apr. 29, 2018	Jan. 28, 2018
Payables and Accruals [Abstract]
Compensation, commissions and related benefits	$ 4,848	$ 6,918	$ 6,288
Interest		20	5
Other accrued expenses	4,892	3,150	2,549
Accrued expenses	$ 9,740	$ 10,088	$ 8,842

Accrued Expenses - Narrative (D

Accrued Expenses - Narrative (Detail) - USD ($) $ in Thousands	Jan. 27, 2019	Apr. 30, 2018	Apr. 29, 2018		Jan. 28, 2018
Payables and Accruals [Abstract]
Accrued expenses	$ 9,740		$ 10,088		$ 8,842
Current accrued expenses	9,740	$ 10,497	9,325	[1]	$ 8,842
Long-term accrued expenses	$ 0		$ 763	[1]

[1]	Derived from audited financial statements.

Exit and Disposal Activities -

Exit and Disposal Activities - Narrative (Detail) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Jan. 27, 2019	Jan. 27, 2019
Restructuring Cost and Reserve [Line Items]
Description of exit and disposal activities		On June 12, 2018, our board of directors announced the closure of our upholstery fabrics manufacturing facility in Anderson, South Carolina. This closure was completed during the second quarter of fiscal 2019 and was due to a continued decline in demand for the products manufactured at this facility, reflecting a change in consumer style preferences.
Restructuring credit	$ 214	$ 825
Upholstery Fabrics [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring credit and related charges		1,563
Restructuring credit		825
Upholstery Fabrics [Member] \| Cost of Sales [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring related charges		2,349
Upholstery Fabrics [Member] \| Selling, General and Administrative Expenses [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring related charges		$ 40

Exit and Disposal Activity - Su

Exit and Disposal Activity - Summary of Restructuring Credit and Related Charges Associated with Exit and Disposal Activity (Detail) $ in Thousands	9 Months Ended
	Jan. 27, 2019USD ($)
Restructuring Cost and Reserve [Line Items]
Gain on sale of property, plant, and equipment	$ (1,456)
Upholstery Fabrics [Member]
Restructuring Cost and Reserve [Line Items]
Inventory markdowns	1,564
Other operating costs associated with a closed facility	824
Employee termination benefits	661
Gain on sale of property, plant, and equipment	(1,486)
Restructuring credit and related charges	$ 1,563

Exit and Disposal Activity - _2

Exit and Disposal Activity - Summary of Activity in Restructuring Accrual (Detail) $ in Thousands	9 Months Ended
	Jan. 27, 2019USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring accrual, ending balance	$ 228
Upholstery Fabrics [Member] \| Employee Termination Benefits [Member]
Restructuring Cost and Reserve [Line Items]
Accrual established in fiscal 2019	451
Paid in fiscal 2019	(434)
Adjustments in fiscal 2019	211
Restructuring accrual, ending balance	$ 228

Assets Held for Sale (Detail)

Assets Held for Sale (Detail) - USD ($)	3 Months Ended	9 Months Ended
Assets Held for Sale (Detail) - USD ($)	Oct. 28, 2018	Jan. 27, 2019	Jan. 28, 2018
Long Lived Assets Held-for-sale [Line Items]
Proceeds from the sale of property, plant, and equipment		$ 1,894,000	$ 6,000
Gain on sale of property, plant, and equipment		1,456,000
Upholstery Fabrics [Member]
Long Lived Assets Held-for-sale [Line Items]
Property, plant, and equipment classified as held for sale	$ 393,000
Impairment of assets held for sale	$ 0
Proceeds from the sale of property, plant, and equipment		1,900,000
Gain on sale of property, plant, and equipment		1,486,000
Upholstery Fabrics [Member] \| Property, Plant and Equipment [Member]
Long Lived Assets Held-for-sale [Line Items]
Assets held for sale		$ 0

Lines of Credit - Narrative (De

Lines of Credit - Narrative (Detail)	Aug. 13, 2018USD ($)	Jan. 27, 2019USD ($)	Jan. 27, 2019CNY (¥)	Aug. 12, 2018USD ($)	Apr. 29, 2018USD ($)	Jan. 28, 2018USD ($)	Aug. 03, 2016USD ($)	Aug. 01, 2016USD ($)
United States [Member] \| Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 25,000,000			$ 30,000,000	$ 30,000,000
Unencumbered Liquid Assets maintenance covenant	15,000,000			$ 20,000,000
Maximum amount of letters of credit	1,000,000
Letters of credit, outstanding amount	$ 250,000	$ 250,000			$ 250,000	$ 250,000
Expiration date	Aug. 15, 2020
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		3.95%	3.95%		3.36%	3.02%
Reference rate on which the interest rate is based		LIBOR
Percentage of common stock in subsidiary pledge as collateral		65.00%
Outstanding amount		$ 0			$ 0	$ 0
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
China [Member] \| Revolving credit agreement [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity		$ 6,000,000	¥ 40,000,000
Expiration date		Mar. 2, 2019
Interest rate description		This agreement has an interest rate determined by the Chinese government
Outstanding amount		$ 0	¥ 0		$ 0	$ 0

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Recurring Basis (Detail) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Jan. 27, 2019	Apr. 29, 2018	Jan. 28, 2018
Premier Money Market Fund [Member]
Assets:
Investments at fair value	$ 6,433	$ 6,492	$ 6,287
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	759
Strategic Income Fund [Member]
Assets:
Investments at fair value		619	628
Large Blend Fund [Member]
Assets:
Investments at fair value		402	431
Growth Allocation Fund [Member]
Assets:
Investments at fair value	184	169	171
Moderate Allocation Fund [Member]
Assets:
Investments at fair value	119	113	114
Other [Member]
Assets:
Investments at fair value	98	150	173
EURO [Member] \| Foreign Currency Contract [Member] \| Cash Flow Hedge [Member]
Liabilities:
Derivative liabilities at fair value		55
Quoted prices in active markets for identical assets - Level 1 [Member] \| Premier Money Market Fund [Member]
Assets:
Investments at fair value	6,433	6,492	6,287
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	759
Quoted prices in active markets for identical assets - Level 1 [Member] \| Strategic Income Fund [Member]
Assets:
Investments at fair value		619	628
Quoted prices in active markets for identical assets - Level 1 [Member] \| Large Blend Fund [Member]
Assets:
Investments at fair value		402	431
Quoted prices in active markets for identical assets - Level 1 [Member] \| Growth Allocation Fund [Member]
Assets:
Investments at fair value	184	169	171
Quoted prices in active markets for identical assets - Level 1 [Member] \| Moderate Allocation Fund [Member]
Assets:
Investments at fair value	119	113	114
Quoted prices in active markets for identical assets - Level 1 [Member] \| Other [Member]
Assets:
Investments at fair value	$ 98	150	$ 173
Significant other observable inputs - Level 2 [Member] \| EURO [Member] \| Foreign Currency Contract [Member] \| Cash Flow Hedge [Member]
Liabilities:
Derivative liabilities at fair value		$ 55

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Narrative (Detail) - USD ($) $ in Thousands	9 Months Ended
	Jan. 27, 2019	Apr. 29, 2018		Jan. 28, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments - Available for Sale	$ 0	$ 2,451	[1]	$ 2,472
Long-term investments (Rabbi Trust)	6,834	7,326	[1]	7,176
U.S. Corporate Bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Held to maturity investments	13,500	30,800		30,800
Held to maturity investments, fair value	$ 13,500	30,600		30,700
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)		(57)
Long-term investments (Rabbi Trust) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Accumulated unrealized gain (loss) on investments	$ 9	$ 61		$ 113

[1]	Derived from audited financial statements.

Fair Value of Financial Instr_5

Fair Value of Financial Instruments - Nonrecurring Basis (Detail) - USD ($) $ in Thousands	Jan. 27, 2019	Jun. 22, 2018	Apr. 29, 2018		Jan. 28, 2018
Liabilities
Contingent consideration-earn-out obligation	$ 5,781
Assets
Inventory	55,415		$ 53,454	[1]	$ 55,651
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	5,781
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
Quoted prices in active markets for identical assets - Level 1 [Member] \| Read Window Products, LLC [Member] \| Fair Value, Measurements, Nonrecurring [Member]
Liabilities
None			0
Significant other observable inputs - Level 2 [Member] \| Read Window Products, LLC [Member] \| Fair Value, Measurements, Nonrecurring [Member]
Liabilities
None			0
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	5,781
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
	Apr. 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) $ in Thousands	Apr. 29, 2018USD ($)
Accrued Expenses [Member] \| Cash Flow Hedge [Member] \| Foreign Currency Contract [Member] \| EURO [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair Value	$ 55

Derivatives - Schedule of Gains

Derivatives - Schedule of Gains and Losses on Derivative Instruments (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 28, 2018	Jul. 29, 2018	Jan. 27, 2019	Jan. 28, 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	$ 41	$ 15	$ 56
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			56
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)			(64)
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	9 Months Ended
	Jan. 27, 2019	Jan. 28, 2018
Supplemental Cash Flow Elements [Abstract]
Interest	$ 54	$ 181
Income taxes	$ 6,226	$ 3,426

Cash Flow Information - Narrati

Cash Flow Information - Narrative (Detail) - USD ($)	9 Months Ended
Cash Flow Information - Narrative (Detail) - USD ($)	Jan. 27, 2019	Jan. 28, 2018
Supplemental Cash Flow Elements [Abstract]
Interest costs	$ 38,000	$ 168,000
Interest cost capitalized	$ 0	$ 99,000

Net (Loss) Income Per Share - W

Net (Loss) Income Per Share - Weighted Average Shares (Detail) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2019	Jan. 28, 2018	Jan. 27, 2019	Jan. 28, 2018
Earnings Per Share [Abstract]
Weighted average common shares outstanding, basic	12,438	12,436	12,488	12,425
Dilutive effect of stock-based compensation	27		105	201
Weighted average common shares outstanding, diluted	12,465	12,436	12,593	12,626

Net Income (Loss) Per Share (De

Net Income (Loss) Per Share (Detail)	3 Months Ended
Net Income (Loss) Per Share (Detail)	Jan. 28, 2018shares
Common Stock Awards [Member]
Shares excluded from computation of diluted net loss per share	160,743

Segment Information - Narrative

Segment Information - Narrative (Detail) - Segment	9 Months Ended
Segment Information - Narrative (Detail) - Segment	Jan. 27, 2019	Jun. 22, 2018
Segment Reporting Information [Line Items]
Number of business segments	3
Description of changes in reporting goodwill and intangible assets in segment assets	During fiscal 2019, we elected to no longer include goodwill and intangible assets in segment assets, as these assets are not used by the Chief Operating Decision Maker to evaluate the respective segment’s operating performance, to allocate resources to the individual segments, or determine executive compensation.
eLuxury [Member]
Segment Reporting Information [Line Items]
Majority ownership percentage acquired		80.00%

Segment Information - Financial

Segment Information - Financial Information for Operating Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2019	Jan. 28, 2018	Jan. 27, 2019	Jan. 28, 2018
Segment Reporting Information [Line Items]
Net Sales	$ 77,226	$ 85,310	$ 225,705	$ 245,541
Gross profit	14,123	17,603	38,008	49,873
Selling, general, and administrative expenses	10,038	9,959	28,174	28,876
Income from operations	4,299	7,644	10,659	20,997
Interest expense	0	(31)	(38)	(69)
Interest income	251	132	552	391
Other expense	(288)	(229)	(688)	(903)
Income before income taxes	4,262	7,516	10,485	20,416
Selling, General and Administrative Expenses [Member]
Segment Reporting Information [Line Items]
Other non-recurring charges			518
Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Net Sales	35,732		107,335
Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Net Sales	37,104		106,611
Restructuring credit and related charges			(1,563)
Upholstery Fabrics [Member] \| Cost of Sales [Member]
Segment Reporting Information [Line Items]
Restructuring related charges			2,349
Upholstery Fabrics [Member] \| Selling, General and Administrative Expenses [Member]
Segment Reporting Information [Line Items]
Restructuring related charges			40
Home Accessories [Member]
Segment Reporting Information [Line Items]
Net Sales	4,390		11,759
Operating Segments [Member]
Segment Reporting Information [Line Items]
Gross profit	14,637	17,603	40,516	49,873
Selling, general, and administrative expenses	9,569	9,959	27,616	28,876
Income from operations	5,068	7,644	12,900	20,997
Other non-recurring charges			678
Operating Segments [Member] \| Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Net Sales	35,732	49,042	107,335	146,072
Gross profit	5,963	10,146	17,050	29,641
Selling, general, and administrative expenses	2,755	3,309	8,141	9,868
Income from operations	3,208	6,837	8,910	19,774
Operating Segments [Member] \| Mattress Fabrics [Member] \| Cost of Sales [Member]
Segment Reporting Information [Line Items]
Other non-recurring charges			159
Operating Segments [Member] \| Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Net Sales	37,104	36,268	106,611	99,469
Gross profit	7,624	7,457	20,031	20,232
Restructuring related charges	554		2,400
Selling, general, and administrative expenses	3,825	3,947	10,985	11,458
Income from operations	3,799	3,510	9,044	8,773
Restructuring credit and related charges	(340)		(1,563)
Operating Segments [Member] \| Upholstery Fabrics [Member] \| Cost of Sales [Member]
Segment Reporting Information [Line Items]
Restructuring related charges	514		2,349
Operating Segments [Member] \| Upholstery Fabrics [Member] \| Selling, General and Administrative Expenses [Member]
Segment Reporting Information [Line Items]
Restructuring related charges	40		40
Operating Segments [Member] \| Home Accessories [Member]
Segment Reporting Information [Line Items]
Net Sales	4,390		11,759
Gross profit	1,050		3,435
Selling, general, and administrative expenses	1,361		3,690
Income from operations	(311)		(254)
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Selling, general, and administrative expenses	1,628	2,703	4,800	7,550
Income from operations	(1,628)	$ (2,703)	(4,800)	$ (7,550)
Other non-recurring charges	429
Unallocated Corporate [Member] \| Selling, General and Administrative Expenses [Member]
Segment Reporting Information [Line Items]
Other non-recurring charges	$ 429		$ 429

Segment Information - Financi_2

Segment Information - Financial Information for Operating Segments (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Jan. 27, 2019	Jan. 27, 2019
Segment Reporting Information [Line Items]
Restructuring credit	$ 214	$ 825
Gain on sale of property, plant, and equipment		1,456
Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Restructuring credit and related charges		1,563
Restructuring credit		825
Inventory markdowns		1,564
Gain on sale of property, plant, and equipment		1,486
Restructuring related charge for other operating costs		824
Employee termination benefits		661
Cost of Sales [Member] \| Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Restructuring related charges		2,349
Selling, General and Administrative Expenses [Member]
Segment Reporting Information [Line Items]
Other non-recurring charges		518
Selling, General and Administrative Expenses [Member] \| Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Restructuring related charges		40
Operating Segments [Member]
Segment Reporting Information [Line Items]
Other non-recurring charges		678
Operating Segments [Member] \| Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Restructuring credit and related charges	340	1,563
Restructuring related charges	554	2,400
Restructuring credit	214	825
Gain on sale of property, plant, and equipment	362	1,456
Employee termination benefits	148	661
Operating Segments [Member] \| Cost of Sales [Member] \| Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Other non-recurring charges		159
Employee termination benefits		159
Operating Segments [Member] \| Cost of Sales [Member] \| Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Restructuring related charges	514	2,349
Inventory markdowns		1,564
Restructuring related charge for other operating costs		784
Operating Segments [Member] \| Selling, General and Administrative Expenses [Member] \| Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Employee termination benefits		89
Operating Segments [Member] \| Selling, General and Administrative Expenses [Member] \| Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Restructuring related charges	40	40
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Other non-recurring charges	429
Unallocated Corporate [Member] \| Selling, General and Administrative Expenses [Member]
Segment Reporting Information [Line Items]
Other non-recurring charges	$ 429	$ 429

Segment Information - Balance S

Segment Information - Balance Sheet Information by Operating Segments (Detail) - USD ($) $ in Thousands		9 Months Ended
		Jan. 27, 2019	Jan. 28, 2018	Apr. 30, 2018	Apr. 29, 2018		Apr. 30, 2017
Segment Reporting Information [Line Items]
Inventory		$ 55,415	$ 55,651		$ 53,454	[1]
Property, plant and equipment		50,129	51,838		51,794	[1]
Investment in unconsolidated joint venture		1,512	1,518		1,501	[1]
Total assets		224,908	216,844		217,984	[1]
Cash and cash equivalents		26,418	22,428		21,228	[1]
Short-term investments (Available for Sale)		0	2,472		2,451	[1]
Short-term investments (Held-to-Maturity)		13,544	17,206		25,759	[1]
Other current assets		2,954	3,114	$ 2,897	2,870	[1]
Deferred income taxes		3,224	1,942		1,458	[1]
Goodwill		27,222	11,462		13,569	[1]	$ 11,462
Intangible assets		10,542	1,397		4,275	[1]
Long-term investments (Held-to-Maturity)		0	13,625		5,035	[1]
Long-term investments (Rabbi Trust)		6,834	7,176		7,326	[1]
Other assets		972	918		957	[1]
Capital expenditures	[2]	2,680	5,871
Depreciation expense		6,087	5,679
Operating Segments [Member]
Segment Reporting Information [Line Items]
Total assets		132,856	134,656		132,504
Operating Segments [Member] \| Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Accounts receivable		12,373	12,840		15,195
Inventory		26,243	29,355		28,740
Property, plant and equipment	[3]	45,845	49,289		48,797
Investment in unconsolidated joint venture		1,512	1,518		1,501
Total assets		85,973	93,002		94,233
Capital expenditures		2,342	5,445
Depreciation expense		5,265	5,068
Operating Segments [Member] \| Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Accounts receivable		13,367	13,257		11,112
Inventory		26,067	26,296		24,714
Property, plant and equipment	[4]	1,957	2,101		2,445
Total assets		41,391	41,654		38,271
Capital expenditures		294	379
Depreciation expense		595	611
Operating Segments [Member] \| Home Accessories [Member]
Segment Reporting Information [Line Items]
Accounts receivable		402
Inventory		3,105
Property, plant and equipment	[5]	1,985
Total assets		5,492
Capital expenditures		33
Depreciation expense		227
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	[6]	342	448		552
Cash and cash equivalents		26,418	22,428		21,228
Short-term investments (Available for Sale)			2,472		2,451
Short-term investments (Held-to-Maturity)		13,544	17,206		25,759
Other current assets		2,954	3,114		2,870
Deferred income taxes		3,224	1,942		1,458
Goodwill		27,222	11,462		13,569
Intangible assets		10,542	1,397		4,275
Long-term investments (Held-to-Maturity)			13,625		5,035
Long-term investments (Rabbi Trust)		6,834	7,176		7,326
Other assets		972	918		$ 957
Capital expenditures		$ 11	$ 47

[1]	Derived from audited financial statements.
[2]	Capital expenditure amounts are stated on the accrual basis. See Consolidated Statements of Cash Flows for capital expenditure amounts on a cash basis.
[3]	The $45.8 million at January 27, 2019, represents property, plant, and equipment of $33.5 million and $12.3 million located in the U.S. and Canada, respectively. The $49.3 million at January 28, 2018, represents property, plant, and equipment of $35.6 million and $13.7 million located in the U.S. and Canada, respectively. The $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.
[4]	The $2.0 million at January 27, 2019, represents property, plant, and equipment of $1.3 million and $615 located in the U.S. and China, respectively. The $2.1 million at January 28, 2018, represents property, plant, and equipment of $1.4 million and $711 located in the U.S. and China, respectively. The $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.
[5]	The $2.0 million at January 27, 2019, represents property, plant and equipment located in the U.S.
[6]	The $342, $448, and $552 at January 27, 2019, January 28, 2018, and April 29, 2018, respectively, represent property, plant, and equipment associated with unallocated corporate departments and corporate departments shared by our mattress fabrics, upholstery fabrics, and home accessories segments. Property, plant, and equipment associated with corporate are located in the U.S.

Segment Information - Balance_2

Segment Information - Balance Sheet Information by Operating Segments (Parenthetical) (Detail) - USD ($) $ in Thousands		Jan. 27, 2019	Apr. 29, 2018		Jan. 28, 2018
Segment Reporting Information [Line Items]
Property, plant and equipment		$ 50,129	$ 51,794	[1]	$ 51,838
Operating Segments [Member] \| Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	[2]	45,845	48,797		49,289
Operating Segments [Member] \| Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	[3]	1,957	2,445		2,101
Operating Segments [Member] \| Home Accessories [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	[4]	1,985
Operating Segments [Member] \| United States [Member] \| Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		33,500	35,400		35,600
Operating Segments [Member] \| United States [Member] \| Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		1,300	1,800		1,400
Operating Segments [Member] \| United States [Member] \| Home Accessories [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		2,000
Operating Segments [Member] \| Canada [Member] \| Mattress Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		12,300	13,400		13,700
Operating Segments [Member] \| China [Member] \| Upholstery Fabrics [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		615	661		711
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment	[5]	342	552		448
Unallocated Corporate [Member] \| United States [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment		$ 342	$ 552		$ 448

[1]	Derived from audited financial statements.
[2]	The $45.8 million at January 27, 2019, represents property, plant, and equipment of $33.5 million and $12.3 million located in the U.S. and Canada, respectively. The $49.3 million at January 28, 2018, represents property, plant, and equipment of $35.6 million and $13.7 million located in the U.S. and Canada, respectively. The $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 $2.0 million at January 27, 2019, represents property, plant, and equipment of $1.3 million and $615 located in the U.S. and China, respectively. The $2.1 million at January 28, 2018, represents property, plant, and equipment of $1.4 million and $711 located in the U.S. and China, respectively. The $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 $2.0 million at January 27, 2019, represents property, plant and equipment located in the U.S.
[5]	The $342, $448, and $552 at January 27, 2019, January 28, 2018, and April 29, 2018, respectively, represent property, plant, and equipment associated with unallocated corporate departments and corporate departments shared by our mattress fabrics, upholstery fabrics, and home accessories segments. Property, plant, and equipment associated with corporate are located in the U.S.

Income Taxes - Effective Income

Income Taxes - Effective Income Tax Rate - Narrative (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2019	Jan. 28, 2018	Jan. 27, 2019	Jan. 28, 2018
Income Tax Disclosure [Abstract]
Income taxes	$ 1,225	$ 8,208	$ 3,407	$ 11,956
Effective income tax rate			32.50%	58.60%

Income Taxes - Differences Betw

Income Taxes - Differences Between Income Tax Expense at Federal Income Tax Rate and Effective Income Tax Rate (Detail)	9 Months Ended		12 Months Ended
	Jan. 27, 2019	Jan. 28, 2018	Apr. 29, 2018
Income Tax Disclosure [Abstract]
Federal income tax rate	21.00%	30.40%	30.40%
Tax effects of the 2017 Tax Cuts and Jobs Act	(5.70%)	28.40%
Foreign income tax rate differential	10.10%	3.90%
Global Intangible Low Taxed Income Tax (GILTI)	2.60%
Tax effects of Chinese foreign exchange gains (losses)	1.40%	(2.90%)
Excess income tax deficiency (benefits) related to stock-based compensation	0.70%	(2.30%)
Other	2.40%	1.10%
Effective income tax rate	32.50%	58.60%

Income Taxes - 2017 Tax Cuts an

Income Taxes - 2017 Tax Cuts and Jobs Act - Narrative (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Jan. 27, 2019	Jan. 28, 2018	Jan. 27, 2019	Jan. 28, 2018	Apr. 28, 2019	Apr. 29, 2018
Income Taxes [Line Items]
Federal statutory income tax rate			21.00%	30.40%		30.40%
Provisional income tax (benefit) expense	$ (593)	$ 5,900
Provisional income tax (benefit) expense for re-measurement of U.S. deferred income taxes	(310)	1,100
Provisional income tax (benefit) expense for repatriation tax	$ (283)	$ 4,800
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	Jan. 27, 2019	Apr. 29, 2018	Jan. 28, 2018
Valuation Allowance [Line Items]
Valuation allowance	$ 5,453	$ 5,204	$ 2,845
U.S. State Tax [Member] \| Loss Carryforwards and Credits [Member]
Valuation Allowance [Line Items]
Valuation allowance	903	578	495
Internal Revenue Service (IRS) [Member] \| Income Tax Credits [Member]
Valuation Allowance [Line Items]
Valuation allowance	$ 4,550	4,550	2,277
Poland [Member] \| Loss Carryforwards [Member]
Valuation Allowance [Line Items]
Valuation allowance		$ 76	$ 73

Income Taxes - Deferred Income

Income Taxes - Deferred Income Taxes - Undistributed Earnings from Foreign Subsidiaries - Narrative (Detail) - USD ($) $ in Millions	12 Months Ended
	Apr. 28, 2019	Jan. 27, 2019	Apr. 29, 2018	Jan. 28, 2018
Income Taxes [Line Items]
Deferred tax liability, undistributed earnings from foreign subsidiaries		$ 3.4	$ 4.3	$ 3.1
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 ($) $ in Thousands	Jan. 27, 2019	Apr. 29, 2018	Jan. 28, 2018
Income Taxes [Line Items]
Unrecognized tax benefits	$ 880	$ 844	$ 12,400
Unrecognized tax benefits that would favorably impact effective income tax rate if recognized	500	464	9,900
Non-current Deferred Income Taxes [Member]
Income Taxes [Line Items]
Unrecognized tax benefits	380	380	2,500
Income Taxes Payable - Long-Term [Member]
Income Taxes [Line Items]
Unrecognized tax benefits	$ 500	$ 464	$ 9,900

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Detail) - USD ($) $ / shares in Units, $ in Thousands		Oct. 01, 2018	Aug. 02, 2018	Oct. 02, 2017	Jul. 13, 2017	Jul. 14, 2016	Jul. 29, 2018	Jul. 30, 2017	Jan. 27, 2019	Jan. 28, 2018	Sep. 16, 2015
Performance Based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unrecognized compensation cost									$ 760
Weighted average period over which unrecognized compensation cost is expected to be recognized									2 years
Fair value of units expected to vest									$ 1,200
Performance Based Restricted Stock Units [Member] \| Employee [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted	[1],[2]		47,800		44,000
Vesting Period	[2]		3 years		3 years
Price Per Share	[2],[3]		$ 24.35		$ 32.50
Time Vested Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unrecognized compensation cost									$ 219
Weighted average period over which unrecognized compensation cost is expected to be recognized									4 years 4 months 24 days
Fair value of units expected to vest									$ 185
Time Vested Restricted Stock Units [Member] \| Employee [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted					1,200	1,200
Vesting Period					11 months	11 months
Price Per Share			$ 24.35		$ 32.50	$ 28
Number of shares vested							1,200	1,200
Weighted average fair value of vested shares							$ 39	$ 34
Weighted average fair value of vested shares, per share							$ 32.50	$ 28
Time Vested Restricted Stock Units [Member] \| Employee [Member] \| Requisite Service Period for 10,000 Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted			10,000
Vesting Period			59 months
Common Stock Awards [Member] \| Outside Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted		3,600		4,800
Price Per Share		$ 23.45		$ 33.20
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									259	$ 2,200
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									30	28
Selling, General and Administrative Expenses [Member] \| Common Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense									$ 84	$ 159
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									969,406
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 Assumptions Used to Determine Fair Value of Performance Based Restricted Stock Units (Detail) - Performance Based Restricted Stock Units [Member] - NEOs [Member] - $ / shares	Aug. 02, 2018	Jul. 13, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Closing price of our common stock	$ 24.35	$ 32.50
Expected volatility of our common stock	33.50%	31.00%
Expected volatility of peer companies	16.00%	16.50%
Risk-free interest rate	2.74%	1.56%
Dividend yield	1.35%	1.66%
Correlation coefficient of peer companies	47.00%	46.00%

Stock-Based Compensation - Su_2

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		Aug. 02, 2018		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]	86,599		78,195
Price Per Share	[2]	$ 18.51	[3]	$ 31.85	[4]
Vesting Period	[2]	3 years		3 years
Employee [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Units Awarded	[1],[5]	47,800		44,000
Price Per Share	[5],[6]	$ 24.35		$ 32.50
Vesting Period	[5]	3 years		3 years
NEOs and Key Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Units Awarded	[1],[2],[5]					107,880
Price Per Share	[2],[5],[6]					$ 28
Vesting Period	[2],[5]					3 years

[1]	Amounts represent the maximum number of common stock shares that could be earned if certain performance targets are met as defined in the related restricted stock unit agreements.
[2]	Performance-based restricted stock units awarded to NEOs.
[3]	Price per share represents the fair market value per share ($0.76 per $1 or a reduction of $5.84 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 ($24.35) for the performance-based components of the performance-based restricted stock units granted to our NEOs on August 2, 2018.
[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]	Performance-based restricted stock units awarded to key employees.
[6]	Price per share represents the closing price of our common stock on the date of grant.

Stock-Based Compensation - Su_3

Stock-Based Compensation - Summary of Grants of Performance Based Restricted Stock Units Associated with NEOs and Key Employees (Parenthetical) (Detail) - Performance Based Restricted Stock Units [Member] - NEOs [Member] - $ / shares	Aug. 02, 2018	Jul. 13, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value adjustment to closing price of common stock, percentage	76.00%	98.00%
Fair value adjustment to closing price of common stock, per share	$ (5.84)	$ (0.65)
Closing price of common stock	$ 24.35	$ 32.50

Stock-Based Compensation - Su_4

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	Jan. 27, 2019
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]		$ 18.47

[1]	Amounts represent the maximum number of common stock shares that could be earned if certain performance targets are met as defined in the related restricted stock unit agreements.
[2]	The respective grant was unvested at the end of our reporting period. Accordingly, the price per share represents the closing price of our common stock on January 27, 2019, the end of our reporting period.

Stock-Based Compensation - Su_5

Stock-Based Compensation - Summary of Vested Performance Based Restricted Stock Units (Detail) - Performance Based Restricted Stock Units [Member] - USD ($) $ / shares in Units, $ in Thousands		9 Months Ended
		Jan. 27, 2019	Jan. 28, 2018
NEOs and Key Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Units Vested	[1]	126,232	102,845
Weighted Average Fair Value	[1],[2]	$ 3,707	$ 3,342
Price Per Share	[1],[3]	$ 29.37	$ 32.50
Non-employee [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Units Vested	[4]	10,364	16,000
Weighted Average Fair Value	[2],[4]	$ 320	$ 520
Price Per Share	[3],[4]	$ 30.90	$ 32.50

[1]	NEOs and key employees.
[2]	Dollar amounts are in thousands.
[3]	The weighted average price per share is derived from the closing prices of our common stock on the dates the respective performance based restricted stock units vested.
[4]	Non-employee

Statutory Reserves (Detail)

Statutory Reserves (Detail) - Subsidiaries [Member] - China [Member] $ in Millions	9 Months Ended
	Jan. 27, 2019USD ($)
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	Jan. 27, 2019	Apr. 29, 2018	Apr. 30, 2017	Jan. 28, 2018
Commitments and Contingencies Disclosure [Line Items]
Accounts payable for capital expenditures				$ 91,000	$ 1,800,000		$ 1,600,000
Buildings and Improvements [Member]
Commitments and Contingencies Disclosure [Line Items]
Amount financed for construction of building					1,400,000		$ 1,400,000
Mattress Fabrics [Member] \| Capital Addition Purchase Commitments [Member]
Commitments and Contingencies Disclosure [Line Items]
Open purchase commitments				$ 632,000
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 Progr_2

Common Stock Repurchase Program (Detail) - USD ($)	3 Months Ended			9 Months Ended
Common Stock Repurchase Program (Detail) - USD ($)	Jan. 27, 2019	Oct. 28, 2018	Jul. 29, 2018	Jan. 27, 2019	Jan. 28, 2018	Jun. 15, 2016
Stockholders Equity Note [Line Items]
Cost of common stock repurchase	$ 2,472,000	$ 772,000	$ 72,000
Common Stock [Member]
Stockholders Equity Note [Line Items]
Common stock repurchased	123,543	33,890	2,990
Cost of common stock repurchase	$ 6,000	$ 2,000
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				160,423	0
Cost of common stock repurchase				$ 3,300,000
Remaining authorized repurchase amount	$ 1,700,000			$ 1,700,000

Dividend Program (Detail)

Dividend Program (Detail) - USD ($) $ / shares in Units, $ in Thousands	Feb. 27, 2019	Jan. 27, 2019	Jan. 28, 2018
Dividends [Line Items]
Cash dividends paid		$ 3,493	$ 5,722
Quarterly Dividend [Member]
Dividends [Line Items]
Cash dividends paid		$ 3,493	$ 3,100
Quarterly Dividend [Member] \| Minimum [Member]
Dividends [Line Items]
Cash dividend payment, per share		$ 0.09	$ 0.08
Quarterly Dividend [Member] \| Maximum [Member]
Dividends [Line Items]
Cash dividend payment, per share		$ 0.10	$ 0.09
Special Dividend [Member]
Dividends [Line Items]
Cash dividends paid			$ 2,600
Cash dividend payment, per share			$ 0.21
Subsequent Event [Member] \| Quarterly Dividend [Member]
Dividends [Line Items]
Cash dividend declared, per share	$ 0.10
Date of payment to shareholders entitled to dividends	Apr. 15, 2019
Date of record of shareholders entitled to dividends	Apr. 1, 2019