Note 4 - Investments (Tables)

12 Months Ended

Apr. 30, 2018

Notes Tables

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

($ in thousands)	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
ETFs - equities	$	8,385	$	994	$	-	$	9,379

($ in thousands)	Cost		Gross Unrealized Gains		Gross Unrealized Losses		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	$	7,868	$	10	$	(12	)	$	7,866
Due 1 year through 5 years		600		-		(1	)		599
Total investment in government debt securities	$	8,468	$	10	$	(13	)	$	8,465

	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]

	Fiscal Years Ended April 30,
($ in thousands)	2018		2017		2016
Dividend income	$	226	$	193	$	142
Interest income		103		33		-
Capital gain distributions from ETFs (1)		152		39		105
Capital gains (2)		-		-		224
Other		59		47		6
Total income from securities transactions and other, net	$	540	$	312	$	477

Investment Holdings, Other than Securities [Table Text Block]

	Fiscal Years Ended April 30,
($ in thousands)	2018		2017		2016
Investment management fees earned from the Value Line Funds, net of waivers shown below	$	15,988	$	14,701	$	14,548
12b-1 fees and other fees, net of waivers shown below	$	6,455	$	5,822	$	5,669
Other income/(loss)	$	171	$	205	$	(14	)
Investment management fee waivers and reimbursements	$	487	$	436	$	262
12b-1 fee waivers	$	754	$	923	$	1,071
Value Line’s non-voting revenues interest	$	8,040	$	7,195	$	7,211
EAM's net income (1)	$	1,492	$	1,038	$	880

Summary Investment Holdings [Table Text Block]

	Fiscal Years Ended April 30,
($ in thousands)	2018			2017
EAM's total assets	$	60,203		$	60,432
EAM's total liabilities (1)		(3,128	)		(2,931	)
EAM's total equity	$	57,075		$	57,501