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Business Segments (Tables) | 12 Months Ended
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Apr. 30, 2013
Segment Reporting [Abstract] |
Schedule of reportable segment information |
($ in thousands) |  | Publishing |  |  | Investment Management |  |  | Consolidated Total |
Revenues from external customers |  | $ | 37,974 |  |  | $ | 10,693 |  |  | $ | 48,667 |
Intersegment revenues |  |  | 7 |  |  |  | - |  |  |  | 7 |
Total revenues for reportable segments |  |  | 37,981 |  |  |  | 10,693 |  |  |  | 48,674 |
Elimination of intersegment revenues |  |  | (7 | ) |  |  | - |  |  |  | (7 | )
Total consolidated revenues |  | $ | 37,974 |  |  | $ | 10,693 |  |  | $ | 48,667 |
Depreciation and amortization |  | $ | 579 |  |  | $ | 14 |  |  | $ | 593 |
Depreciation related to corporate assets |  | $ | (3 | ) |  |  | - |  |  | $ | (3 | )
Gain from deconsolidation of subsidiaries (1) |  | $ | - |  |  | $ | 50,510 |  |  | $ | 50,510 |
Income from securities transactions |  |  | - |  |  |  | 6 |  |  |  | 6 |
Segment profit (loss) from operations (2) |  |  | 8,984 |  |  |  | (448 | ) |  |  | 8,536 |
Profit for reportable segments |  | $ | 8,984 |  |  | $ | 50,068 |  |  | $ | 59,052 |
Revenues and profits interests in EAM Trust |  |  |  |  |  |  |  |  |  |  | 2,355 |
Income from securities transactions related to corporate assets |  |  |  |  |  |  |  | 59 |
Depreciation related to corporate assets |  |  |  |  |  |  |  |  |  |  | (3 | )
Income before income taxes |  |  |  |  |  |  |  |  |  | $ | 61,463 |
(1) Represents the gain of $50,510,000 from deconsolidation of the asset management and Value Line Mutual Fund Distribution subsidiaries. (2) Included in the Investment Management business segment in fiscal 2011 are expenses of $3,764,000 related to the Company’s restructure of its Investment Management business segment, $914,000 of expenses related to its exit lease obligation for the office space previously occupied by EAM LLC, and non-cash post-employment compensation expense of $1,770,000 related to the value of the voting profits interest in EAM granted by VLI to a former employee of the Company who is presently the CEO of EAM. Fiscal 2011 Investment Management segment expenses included the reversal of $1,767,000 of previously recorded expenses associated with the Provision for Settlement due to a change in estimated costs to administer the Fair Fund.
Schedule of additional reportable segment information |
($ in thousands) 6155799223l30i71g61jig5436kljg43 |  | Assets |  |  | Expenditures for Segment Assets |
Publishing |  | $ | 11,827 |  |  | $ | 1,897 |
Investment Management |  |  | - |  |  |  | 10 |
Corporate assets |  |  | 75,976 |  |  |  | - |
Consolidated total |  | $ | 87,803 |  |  | $ | 1,907 |

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- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 + Details
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