Note 4 - Investments (Tables)

12 Months Ended

Apr. 30, 2019

Notes Tables

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

($ in thousands)	Cost		Gross Unrealized Gains		Fair Value
ETFs - equities	$	8,541	$	2,081	$	10,622

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

	Amortized		Gross Unrealized
($ in thousands)	Historical Cost		Holding Gains		Fair Value
Maturity
Due within 1 year	$	6,913	$	33	$	6,946
Due 1 year through 5 years		4,250		10		4,260
Total investment in government debt securities	$	11,163	$	43	$	11,206

	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

Investment Income [Table Text Block]

	Fiscal Years Ended April 30,
($ in thousands)	2019		2018		2017
Dividend income	$	257	$	226	$	193
Interest income		201		103		33
Capital gain distributions from ETFs (1)		-		152		39
Other		46		59		47
Total income from securities transactions, net	$	504	$	540	$	312

Investment Holdings, Other than Securities [Table Text Block]

	Fiscal Years Ended April 30,
($ in thousands)	2019		2018		2017
Investment management fees earned from the Value Line Funds, net of waivers shown below	$	16,715	$	15,988	$	14,701
12b-1 fees and other fees, net of waivers shown below	$	6,811	$	6,455	$	5,822
Other income	$	273	$	171	$	205
Investment management fee waivers and reimbursements	$	421	$	487	$	474
12b-1 fee waivers	$	654	$	754	$	923
Value Line’s non-voting revenues interest	$	8,260	$	8,040	$	7,195
EAM's net income (1)	$	2,098	$	1,492	$	1,038

Summary Investment Holdings [Table Text Block]

	Fiscal Years Ended April 30,
($ in thousands)	2019			2018
EAM's total assets	$	60,683		$	60,203
EAM's total liabilities (1)		(3,547	)		(3,128	)
EAM's total equity	$	57,136		$	57,075