Culp Inc
NYSE:CULP
Income Statement
Earnings Waterfall
Culp Inc
Revenue
|
237.2m
USD
|
Cost of Revenue
|
-207.6m
USD
|
Gross Profit
|
29.6m
USD
|
Operating Expenses
|
-40.2m
USD
|
Operating Income
|
-10.6m
USD
|
Other Expenses
|
-3m
USD
|
Net Income
|
-13.6m
USD
|
Income Statement
Culp Inc
Jan-2014 | Apr-2014 | Aug-2014 | Nov-2014 | Feb-2015 | May-2015 | Aug-2015 | Nov-2015 | Jan-2016 | May-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Nov-2020 | Jan-2021 | May-2021 | Aug-2021 | Oct-2021 | Jan-2022 | May-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
284
N/A
|
287
+1%
|
293
+2%
|
297
+1%
|
305
+3%
|
310
+2%
|
314
+1%
|
317
+1%
|
315
-1%
|
313
-1%
|
314
+0%
|
312
-1%
|
310
-1%
|
310
N/A
|
308
0%
|
314
+2%
|
323
+3%
|
324
+0%
|
316
-2%
|
312
-1%
|
304
-3%
|
281
-7%
|
281
0%
|
273
-3%
|
264
-3%
|
256
-3%
|
239
-7%
|
247
+3%
|
257
+4%
|
300
+16%
|
318
+6%
|
316
-1%
|
317
+0%
|
295
-7%
|
274
-7%
|
258
-6%
|
230
-11%
|
235
+2%
|
229
-3%
|
229
+0%
|
237
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(234)
|
(238)
|
(245)
|
(248)
|
(254)
|
(255)
|
(255)
|
(255)
|
(250)
|
(248)
|
(246)
|
(243)
|
(241)
|
(240)
|
(241)
|
(248)
|
(256)
|
(259)
|
(255)
|
(254)
|
(249)
|
(233)
|
(232)
|
(225)
|
(219)
|
(216)
|
(204)
|
(210)
|
(219)
|
(250)
|
(266)
|
(267)
|
(273)
|
(259)
|
(247)
|
(243)
|
(223)
|
(224)
|
(215)
|
(205)
|
(208)
|
|
Gross Profit |
50
N/A
|
49
-2%
|
49
-1%
|
49
+0%
|
51
+5%
|
56
+9%
|
59
+6%
|
63
+6%
|
65
+4%
|
65
+1%
|
67
+3%
|
69
+2%
|
69
+0%
|
69
+1%
|
67
-3%
|
66
-2%
|
67
+1%
|
65
-4%
|
60
-7%
|
58
-4%
|
55
-5%
|
48
-13%
|
48
+0%
|
48
N/A
|
45
-6%
|
41
-10%
|
36
-12%
|
36
+2%
|
39
+7%
|
50
+29%
|
52
+5%
|
49
-7%
|
44
-10%
|
36
-18%
|
28
-23%
|
15
-47%
|
8
-47%
|
11
+40%
|
14
+27%
|
24
+73%
|
30
+23%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(28)
|
(29)
|
(29)
|
(29)
|
(31)
|
(33)
|
(34)
|
(36)
|
(37)
|
(37)
|
(38)
|
(38)
|
(38)
|
(39)
|
(39)
|
(39)
|
(39)
|
(37)
|
(36)
|
(36)
|
(36)
|
(33)
|
(34)
|
(34)
|
(32)
|
(34)
|
(30)
|
(36)
|
(31)
|
(38)
|
(38)
|
(37)
|
(36)
|
(36)
|
(35)
|
(35)
|
(36)
|
(38)
|
(39)
|
(40)
|
(40)
|
|
Selling, General & Administrative |
(28)
|
(29)
|
(29)
|
(29)
|
(31)
|
(33)
|
(34)
|
(36)
|
(37)
|
(37)
|
(38)
|
(38)
|
(38)
|
(39)
|
(39)
|
(39)
|
(39)
|
(37)
|
(36)
|
(36)
|
(36)
|
(33)
|
(34)
|
(33)
|
(32)
|
(34)
|
(30)
|
(30)
|
(31)
|
(38)
|
(39)
|
(38)
|
(36)
|
(35)
|
(35)
|
(35)
|
(36)
|
(38)
|
(39)
|
(40)
|
(40)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
22
N/A
|
20
-7%
|
20
-4%
|
19
-1%
|
21
+6%
|
23
+11%
|
25
+10%
|
26
+6%
|
28
+5%
|
28
+3%
|
30
+5%
|
31
+3%
|
30
-1%
|
30
-1%
|
28
-6%
|
28
-3%
|
28
+3%
|
28
-2%
|
25
-9%
|
22
-12%
|
19
-14%
|
15
-20%
|
14
-8%
|
14
+1%
|
13
-8%
|
6
-54%
|
6
N/A
|
(0)
N/A
|
7
N/A
|
12
+64%
|
14
+18%
|
11
-20%
|
9
-25%
|
1
-92%
|
(7)
N/A
|
(20)
-176%
|
(29)
-40%
|
(27)
+5%
|
(25)
+7%
|
(16)
+37%
|
(11)
+33%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
345
|
0
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(1)
|
(2)
|
(2)
|
0
|
0
|
(1)
|
(14)
|
(6)
|
0
|
(6)
|
1
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
|
Total Other Income |
(1)
|
(347)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
|
Pre-Tax Income |
21
N/A
|
19
-9%
|
19
N/A
|
19
+1%
|
20
+7%
|
23
+13%
|
25
+8%
|
26
+5%
|
27
+5%
|
28
+2%
|
29
+4%
|
30
+4%
|
30
-1%
|
30
-1%
|
28
-6%
|
27
-4%
|
27
+2%
|
27
-2%
|
22
-17%
|
20
-8%
|
17
-16%
|
13
-25%
|
14
+13%
|
15
+1%
|
13
-11%
|
(8)
N/A
|
(1)
+90%
|
(1)
-75%
|
(1)
+29%
|
11
N/A
|
12
+15%
|
10
-21%
|
8
-21%
|
(0)
N/A
|
(8)
-2 661%
|
(21)
-149%
|
(30)
-47%
|
(28)
+6%
|
(26)
+8%
|
(17)
+35%
|
(11)
+38%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(2)
|
(1)
|
(2)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(11)
|
(12)
|
(12)
|
(10)
|
(7)
|
(6)
|
(5)
|
(7)
|
(8)
|
(7)
|
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(9)
|
(3)
|
(9)
|
(8)
|
(8)
|
(11)
|
(4)
|
(3)
|
(4)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
|
Income from Continuing Operations |
18
|
17
|
18
|
17
|
13
|
15
|
16
|
17
|
18
|
17
|
18
|
18
|
20
|
22
|
22
|
22
|
20
|
19
|
15
|
14
|
11
|
6
|
6
|
6
|
4
|
(11)
|
(10)
|
(10)
|
(9)
|
(1)
|
8
|
7
|
4
|
(3)
|
(11)
|
(24)
|
(33)
|
(32)
|
(29)
|
(19)
|
(14)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
18
N/A
|
17
-5%
|
18
+1%
|
17
-1%
|
13
-26%
|
15
+18%
|
16
+9%
|
17
+5%
|
18
+6%
|
17
-8%
|
18
+4%
|
18
+4%
|
20
+8%
|
22
+13%
|
22
-1%
|
22
-2%
|
15
-33%
|
21
+44%
|
17
-19%
|
16
-6%
|
20
+25%
|
6
-72%
|
6
+4%
|
5
-12%
|
(2)
N/A
|
(29)
-1 096%
|
(37)
-29%
|
(37)
+1%
|
(30)
+17%
|
3
N/A
|
8
+157%
|
7
-19%
|
4
-36%
|
(3)
N/A
|
(11)
-249%
|
(24)
-117%
|
(33)
-36%
|
(32)
+4%
|
(29)
+7%
|
(19)
+33%
|
(14)
+30%
|
|
EPS (Diluted) |
1.49
N/A
|
1.41
-5%
|
1.42
+1%
|
1.41
-1%
|
1.04
-26%
|
1.21
+16%
|
1.32
+9%
|
1.38
+5%
|
1.46
+6%
|
1.36
-7%
|
1.41
+4%
|
1.47
+4%
|
1.59
+8%
|
1.78
+12%
|
1.76
-1%
|
1.72
-2%
|
1.16
-33%
|
1.65
+42%
|
1.34
-19%
|
1.26
-6%
|
1.58
+25%
|
0.44
-72%
|
0.45
+2%
|
0.4
-11%
|
-0.19
N/A
|
-2.31
-1 116%
|
-3
-30%
|
-2.98
+1%
|
-2.45
+18%
|
0.26
N/A
|
0.65
+150%
|
0.53
-18%
|
0.33
-38%
|
-0.26
N/A
|
-0.91
-250%
|
-1.97
-116%
|
-2.68
-36%
|
-2.57
+4%
|
-2.37
+8%
|
-1.57
+34%
|
-1.1
+30%
|