For the quarter ending 2026-02-01, CULP had -$1,041K decrease in cash & cash equivalents over the period. -$1,325K in free cash flow.
| Cash Flow | 2026-02-01 | 2025-11-02 | 2025-08-03 |
|---|---|---|---|
| Net loss | -3,432 | -4,306 | -231 |
| Depreciation | 974 | 1,057 | 1,111 |
| Non-cash inventory charge (credit) | 665 | 1,043 | -67 |
| Amortization | 96 | 97 | 95 |
| Stock-based compensation | 129 | 177 | 156 |
| Deferred income taxes | -552 | 103 | 309 |
| Gain sale of equipment | 0 | -5 | 9 |
| Realized gain on sale of investments (rabbi trust) | 1 | 3 | - |
| Non-cash restructuring (credit) expense | 288 | 63 | -3,664 |
| Foreign currency exchange loss (gain) | -369 | -396 | -122 |
| Accounts receivable | -3,785 | 2,242 | -3,482 |
| Inventories | 2,843 | 829 | 683 |
| Other current assets | 48 | -282 | -212 |
| Other assets | -57 | -91 | -13 |
| Accounts payable trade | -395 | 5,191 | -3,126 |
| Deferred revenue | -265 | 404 | 63 |
| Accrued restructuring | -151 | 178 | -506 |
| Accrued expenses and deferred compensation | 126 | -640 | 1,016 |
| Income taxes | 97 | -1,538 | 1,012 |
| Net cash used in operating activities | -1,101 | -471 | -695 |
| Capital expenditures | 224 | 39 | 179 |
| Proceeds from the sale of property, plant, and equipment | 118 | 13 | 966 |
| Proceeds from notes receivable | 90 | 60 | 120 |
| Proceeds from the sale of investments (rabbi trust) | 268 | 242 | 237 |
| Purchase of investments (rabbi trust) | 242 | 96 | 158 |
| Net cash provided by (used in) investing activities | 10 | 180 | 986 |
| Proceeds from lines credit | 2,555 | 2,163 | 5,886 |
| Payments on lines of credit | 2,556 | 2,163 | 552 |
| Payment of debt issuance costs | 0 | 49 | 120 |
| Common stock surrendered for withholding taxes payable | 0 | 16 | 60 |
| Net cash provided by financing activities | -1 | -65 | 5,154 |
| Effect of foreign currency exchange rate changes on cash and cash equivalents | 51 | -10 | 20 |
| Increase (decrease) in cash and cash equivalents | -1,041 | -366 | 5,465 |
| Cash and cash equivalents at beginning of year | 10,728 | 5,629 | - |
| Cash and cash equivalents at end of period | 9,687 | 10,728 | - |
CULP INC (CULP)
CULP INC (CULP)