XML 71 R52.htm IDEA: XBRL DOCUMENT v3.22.2
Home Accessories Segment - Narrative (Detail) - USD ($)
1 Months Ended 3 Months Ended 12 Months Ended
Jan. 12, 2022
Mar. 31, 2020
Jun. 22, 2018
May 03, 2020
Feb. 02, 2020
May 01, 2022
May 02, 2021
May 03, 2020
Discontinued Operations [Line Items]                
Non-cash loss on disposal of discontinued operation               $ (1,606,000)
Leases, monthly payments           $ 2,954,000 $ 2,634,000 2,524,000
eLuxury [Member]                
Discontinued Operations [Line Items]                
Noncontrolling interest     20.00%          
eLuxury [Member]                
Discontinued Operations [Line Items]                
Payment associated with loans held for sale   $ 509,500            
Amount of settlement of borrowings payable by eLuxury under the agreement   300,000            
Amount of loan, borrowers agreed to repay after closing of sale transaction   $ 1,000,000            
Disposal group loan amount closing period after sale transaction   30 days            
Outstanding trade accounts payable due from disposal group   $ 613,000            
Trade accounts payable, repayment period   60 days            
Loss on disposal of discontinued operation before income tax   $ 1,900,000            
Net sales and cost of sales related to inventory shipments       $ 7,000   $ 103,000 $ 331,000  
Net sales and cost of sales related to inventory shipments $ 150,000              
eLuxury [Member] | Discontinued Operations [Member]                
Discontinued Operations [Line Items]                
Net cash (used in) provided by operating activities discontinued operations               (2,300,000)
Net cash (used in) provided by investing activities discontinued operation               134,000
Net cash (used in) provided by financing activities discontinued operations               2,400,000
Loss on disposal of discontinued operation before income tax               1,900,000
Non-cash loss on disposal of discontinued operation               1,600,000
Cash held by former noncontrolling interests               285,000
eLuxury [Member]                
Discontinued Operations [Line Items]                
Majority ownership percentage acquired     80.00%          
Loss on disposal of discontinued operation before income tax   $ 1,900,000            
Contingent consideration arrangement, description           The Equity Agreement related to the acquisition of our ownership interest in eLuxury contained a contingent consideration arrangement that required us to pay the seller, who was 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.    
Reversal of contingent consideration, earn-out obligation         $ 6,100,000      
Disposal date   Mar. 31, 2020            
Net sales and cost of sales related to inventory shipments               $ 968,000
Unpaid lease payments guarantees percentage             70.00%  
Lease agreement expiry date             2024-09  
Leases, monthly payments             $ 18,865  
eLuxury [Member] | Shareholders' equity attributable to Culp Inc. [Member]                
Discontinued Operations [Line Items]                
Net income (loss) allocation percentage     70.00%          
eLuxury [Member] | Non-Controlling Interest [Member]                
Discontinued Operations [Line Items]                
Net income (loss) allocation percentage     30.00%