Note 2 - Investments (Tables)

9 Months Ended

Jan. 31, 2018

Notes Tables

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

($ in thousands)	Cost		Gross Unrealized Gains		Fair Value
ETFs - equities	$	8,385	$	1,541	$	9,926

($ in thousands)	Cost		Gross Unrealized Gains		Fair Value
ETFs - equities	$	8,385	$	712	$	9,097

	Amortized		Gross Unrealized		Gross Unrealized
($ in thousands)	Historical Cost		Holding Gains		Holding Losses			Fair Value
Maturity
Due within 1 year	$	7,136	$	5	$	(8	)	$	7,133
Due 1 year through 5 years		1,350		-		(5	)		1,345
Total investment in government debt securities	$	8,486	$	5	$	(13	)	$	8,478

	Amortized		Gross Unrealized		Gross Unrealized
($ in thousands)	Historical Cost		Holding Gains		Holding Losses			Fair Value
Maturity
Due within 1 year	$	4,384	$	4	$	(3	)	$	4,385
Due 1 year through 5 years		3,100		-		(6	)		3,094
Total investment in government debt securities	$	7,484	$	4	$	(9	)	$	7,479

Investment Income [Table Text Block]

	Three Months Ended January 31,				Nine Months Ended January 31,
($ in thousands)	2018		2017		2018		2017
Dividend income	$	66	$	74	$	170	$	147
Interest income		25		4		75		6
Capital gain distributions		152		39		152		39
Other		15		15		48		34
Total income from securities transactions, net	$	258	$	132	$	445	$	226

Investment Holdings, Other than Securities [Table Text Block]

	Three Months Ended January 31,				Nine Months Ended January 31,
($ in thousands) (unaudited)	2018		2017		2018		2017
Investment management fees earned from the Value Line Funds, net of fee waivers	$	4,070	$	3,674	$	12,096	$	10,991
12b-1 fees and other fees, net of fee waivers	$	1,676	$	1,438	$	4,844	$	4,357
Other income	$	52	$	57	$	156	$	136
Investment management fee waivers	$	131	$	132	$	392	$	308
12b-1 fee waivers	$	169	$	235	$	583	$	700
Value Line ’s non-voting revenues interest	$	2,057	$	1,803	$	6,074	$	5,389
EAM's net income (1)	$	514	$	262	$	1,166	$	786

Summary Investment Holdings [Table Text Block]

	January 31,			April 30,
($ in thousands)	2018			2017
	(unaudited)
EAM's total assets	$	60,666		$	60,432
EAM's total liabilities (1)		(3,655	)		(2,931	)
EAM's total equity	$	57,011		$	57,501