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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Apr. 30, 2013
Apr. 30, 2012
Apr. 30, 2011
Revenues:      
Investment periodicals and related publications $ 31,940 $ 33,018 $ 34,406
Copyright data fees 3,900 3,591 3,568
Investment management fees & services     10,693
Total revenues 35,840 36,609 48,667
Expenses:      
Advertising and promotion 4,075 4,203 6,673
Salaries and employee benefits 15,034 15,001 17,242
Production and distribution 5,694 4,894 4,718
Office and administration 6,917 7,173 9,504
Expenses related to restructuring     3,764
Provision for settlement     (1,767)
Total expenses 31,720 31,271 40,134
Income from operations 4,120 5,338 8,533
Gain on deconsolidation of subsidiaries     50,510 [1]
Revenues and profits interests in EAM Trust 6,260 5,890 2,355
Income from securities transactions, net 126 70 65
Income before income taxes 10,506 11,298 61,463
Income tax provision 3,887 4,373 23,681
Net income $ 6,619 $ 6,925 $ 37,782
Earnings per share, basic & fully diluted (in dollars per share) $ 0.67 $ 0.70 $ 3.79
Weighted average number of common shares (in shares) 9,888,774 9,921,925 9,980,000
[1] Represents the gain of $50,510,000 from deconsolidation of the asset management and Value Line Mutual Fund Distribution subsidiaries.