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Business Segments:
 6 Months Ended
Oct. 31, 2011
Segment Reporting [Abstract]  
Business Segments:
Note 9-Business Segments:
 
Prior to December 23, 2010, the Company operated two reportable business segments: (1) Publishing and (2) Investment Management. The Publishing segment produces investment related periodical publications (retail and institutional) in both print and electronic form, and includes copyright data fees for Value Line proprietary ranking system information and other proprietary information. Prior to December 23, 2010, the Investment Management segment provided advisory services to the Value Line Funds, as well as institutional and individual accounts. The segments are differentiated by the products and services they offer. The accounting policies of the segments are the same as those described in the summary of significant accounting policies.
 
As more fully described in Note 1 - Organization and Summary of Significant Accounting Policies, the Company deconsolidated its investment management business on December 23, 2010 and therefore no longer reports the investment management operation as a separate business unit. Although VLI continues to receive significant cash flows from these operations through its non-controlling investment in EAM, it no longer considers this to be a reportable business segment due to its lack of control over the operating and financial policies of EAM. Accordingly, the investment management segment reflects activity only through the date of the Restructuring Transaction.
 
Disclosure of reportable segment information for the three months ended October 31, 2010 was as follows:
 
         
Investment
     Consolidated  
(in thousands)
  
Publishing
    
Management
    
Total
  
Revenues from external customers
   $ 9,432     $ 4,066     $ 13,498  
Intersegment revenues
     2       -       2  
Total revenues for reportable segments
     9,434       4,066       13,500  
Elimination of intersegment revenues
     (2 )     -       (2 )
Total consolidated revenues
   $ 9,432     $ 4,066     $ 13,498  
                         
Depreciation and amortization
   $ 131     $ 6     $ 137  
                         
Income/(loss) from securities transactions
   $ (4 )   $ 4     $ -  
Segment profit from operations
     1,704       86       1,790  
Profit for reportable segments
   $ 1,700     $ 90     $ 1,790  
                         
Income from securities transactions related to corporate assets
               51  
Income before income taxes
                   $ 1,841  
 
Disclosure of reportable segment information for the six months ended October 31, 2010 was as follows:
 
         
Investment
     Consolidated  
(in thousands)
  
Publishing
    
Management
    
Total
  
Revenues from external customers
   $ 18,826     $ 8,281     $ 27,107  
Intersegment revenues
     4       -       4  
Total revenues for reportable segments
     18,830       8,281       27,111  
Elimination of intersegment revenues
     (4 )     -       (4 )
Total consolidated revenues
   $ 18,826     $ 8,281     $ 27,107  
                         
Depreciation and amortization
   $ 277     $ 12     $ 289  
                         
Income/(loss) from securities transactions
   $ (4 )   $ 7     $ 3  
Segment profit from operations
     4,942       394       5,336  
Profit for reportable segments
   $ 4,938     $ 401     $ 5,339  
                         
Income from securities transactions related to corporate assets
               85  
Income before income taxes
                   $ 5,424  
 
As of October 31, 2010, additional reportable segment information was as follows:
 
         
Expenditures
  
         
for Segment
  
   
Assets
    
Assets
  
Publishing
   $ 9,900     $ 92  
Investment Management
     6,360       10  
Corporate assets
     41,542       74  
Consolidated total
   $ 57,802     $ 176