CONSOLIDATED BALANCE SHEETS - USD ($)	May 03, 2020	Apr. 28, 2019
current assets:
cash and cash equivalents	$ 69,790,000	$ 40,008,000
short-term investments - available for sale	923,000
short-term investments - held to maturity	4,271,000	5,001,000
accounts receivable, net	25,093,000	23,373,000
inventories	47,907,000	47,564,000
current income taxes receivable	1,585,000	776,000
current assets held for sale - discontinued operation		3,707,000
other current assets	2,116,000	2,816,000
total current assets	151,685,000	123,245,000
property, plant and equipment, net	43,147,000	46,479,000
goodwill	0	13,569,000
intangible assets	3,380,000	3,899,000
long-term investments - rabbi trust	7,834,000	7,081,000
long-term investments - held-to-maturity	2,076,000
right of use asset	3,903,000
noncurrent income taxes receivable		733,000
investment in unconsolidated joint venture	1,602,000	1,508,000
long-term note receivable affiliated with discontinued operation		830,000
deferred income taxes	793,000	457,000
noncurrent assets held for sale - discontinued operation		22,112,000
other assets	664,000	643,000
total assets	215,084,000	220,556,000
current liabilities:
line of credit - China operations	1,015,000
Paycheck Protection Program loan	7,606,000
accounts payable - trade	23,002,000	22,734,000
accounts payable - capital expenditures	107,000	68,000
operating lease liability - current	1,805,000
deferred revenue	502,000	399,000
accrued expenses	5,687,000	8,632,000
accrued restructuring costs		124,000
current liabilities held for sale - discontinued operation		2,213,000
income taxes payable - current	395,000	1,022,000
total current liabilities	40,119,000	35,192,000
line of credit - U.S. operations	29,750,000
accrued expense - long-term	167,000	333,000
operating lease liability - long-term	2,016,000
contingent consideration affiliated with discontinued operation		5,856,000
income taxes payable - long-term	3,796,000	3,249,000
deferred income taxes	1,818,000	3,176,000
deferred compensation	7,720,000	6,998,000
noncurrent liabilities held for sale - discontinued operation		1,505,000
total liabilities	85,386,000	56,309,000
commitments and contingencies (notes 13 and 15)
shareholders' equity:
preferred stock, $.05 par value, authorized 10,000,000 shares
common stock, $.05 par value, authorized 40,000,000 shares, issued and outstanding 12,284,946 at May 3, 2020 and 12,391,160 at April 28, 2019	615,000	620,000
capital contributed in excess of par value	42,582,000	43,694,000
accumulated earnings	86,511,000	115,579,000
accumulated other comprehensive (loss) income	(10,000)	40,000
total shareholders' equity attributable to Culp Inc.	129,698,000	159,933,000
non-controlling interest - discontinued operation		4,314,000
total equity	129,698,000	164,247,000
total liabilities and equity	$ 215,084,000	$ 220,556,000