CONSOLIDATED BALANCE SHEETS - USD ($)		Jan. 31, 2021	May 03, 2020		Feb. 02, 2020
Current assets:
Cash and cash equivalents		$ 35,987,000	$ 69,790,000	[1]	$ 21,640,000
Short-term investments - held-to-maturity		9,785,000	4,271,000	[1]	3,171,000
Short-term investments - available for sale		5,548,000	923,000	[1]	7,580,000
Accounts receivable		36,397,000	25,093,000	[1]	25,848,000
Inventories		57,794,000	47,907,000	[1]	54,009,000
Current income taxes receivable			1,585,000	[1]	776,000
Current assets - discontinued operation					4,738,000
Other current assets		3,116,000	2,116,000	[1]	3,112,000
Total current assets		148,627,000	151,685,000	[1]	120,874,000
Property, plant and equipment, net		42,385,000	43,147,000	[1]	44,652,000
Goodwill		0	0		13,569,000
Intangible assets		3,098,000	3,380,000	[1]	3,617,000
Long-term investments - rabbi trust		8,232,000	7,834,000	[1]	7,804,000
Long-term investments - held-to-maturity		512,000	2,076,000	[1]	2,224,000
Right of use assets		6,206,000	3,903,000	[1]	4,574,000
Noncurrent income taxes receivable					733,000
Deferred income taxes		640,000	793,000	[1]	920,000
Investment in unconsolidated joint venture		1,723,000	1,602,000	[1]	1,668,000
Long-term note receivable affiliated with discontinued operation					1,800,000
Noncurrent assets - discontinued operation					9,241,000
Other assets		555,000	664,000	[1]	464,000
Total assets		211,978,000	215,084,000	[1]	212,140,000
Current liabilities:
Line of credit - China operations	[1]		1,015,000
Paycheck Protection Program Loan	[1]		7,606,000
Accounts payable - trade		44,946,000	23,002,000	[1]	20,422,000
Accounts payable - capital expenditures		240,000	107,000	[1]	175,000
Operating lease liability - current		2,273,000	1,805,000	[1]	2,033,000
Deferred revenue		228,000	502,000	[1]	398,000
Accrued expenses		13,574,000	5,687,000	[1]	7,257,000
Current liabilities - Discontinued operation					2,094,000
Income taxes payable - current		1,129,000	395,000	[1]	455,000
Total current liabilities		62,390,000	40,119,000	[1]	32,834,000
Line of credit - U.S. operations			29,750,000	[1]	0
Accrued expenses - long-term			167,000	[1]	233,000
Operating lease liability - long-term		4,179,000	2,016,000	[1]	2,384,000
Income taxes payable - long-term		3,325,000	3,796,000	[1]	3,442,000
Deferred income taxes		5,543,000	1,818,000	[1]	2,013,000
Deferred compensation		8,179,000	7,720,000	[1]	7,637,000
Noncurrent liabilities - discontinued operation					3,501,000
Total liabilities		83,616,000	85,386,000	[1]	52,044,000
Commitments and Contingencies (Notes 11, 18 and 19)				[1]
Shareholders' equity
Preferred stock, $0.05 par value, authorized 10,000,000				[1]
Common stock, $0.05 par value, authorized 40,000,000 shares, issued and outstanding 12,308,357 at January 31, 2021; 12,361,180 at February 2, 2020; and 12,284,946 at May 3, 2020		615,000	615,000	[1]	618,000
Capital contributed in excess of par value		43,323,000	42,582,000	[1]	43,748,000
Accumulated earnings		84,307,000	86,511,000	[1]	115,373,000
Accumulated other comprehensive income (loss)		117,000	(10,000)	[1]	104,000
Total shareholders' equity attributable to Culp, Inc.		128,362,000	129,698,000	[1]	159,843,000
Noncontrolling interest - discontinued operation					253,000
Total equity		128,362,000	129,698,000	[1]	160,096,000
Total liabilities and shareholders' equity		$ 211,978,000	$ 215,084,000	[1]	$ 212,140,000

[1] Derived from audited financial statements.