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Copyright Data Fees | 12 Months Ended
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Apr. 30, 2014
Copyright Data Fees [Abstract] |
Copyright Data Fees | Note 16 - Copyright Data Fees: For the fiscal years ended April 30, 2014, 2013, and 2012, copyright data fees were $2,733,000, $3,900,000 and $3,591,000, respectively. As of April 30, 2014, total third party sponsored assets were attributable to four contracts for copyright data representing $2.3 billion in various products, as compared to four contracts for copyright data representing $2.7 billion in assets at April 30, 2013. The decrease in third party sponsored assets managed utilizing Value Line’s proprietary copyright data resulted from a shift in assets in one of the underlying portfolios during April 2013 and then in February 2014 a second asset reassignment of similar magnitude to the first to new subadvisors which was beyond Value Line’s control.

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