v3.26.1
Note Receivable (Tables)
12 Months Ended
May 03, 2026
Receivables [Abstract]  
Summary of Remaining Future Principal Payments

The following table represents the remaining future principal payments of the Culp Inc. (U.S. Parent) note receivable as of May 3, 2026:

 

(dollars in thousands)

 

 

 

2027

 

$

360

 

2028

 

 

360

 

2029

 

 

360

 

2030

 

 

240

 

Undiscounted value of note receivable

 

$

1,320

 

Less: unearned interest income

 

 

(138

)

Present value of note receivable

 

$

1,182