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Consolidated Condensed Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Jan. 31, 2015
Jan. 31, 2014
Cash flows from operating activities:    
Net income $ 6,195us-gaap_NetIncomeLoss $ 5,087us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,904us-gaap_DepreciationDepletionAndAmortization 1,514us-gaap_DepreciationDepletionAndAmortization
Non-voting revenues interest in EAM Trust (5,498)valu_NonVotingRevenuesInterestInUnconsolidatedEntity (5,028)valu_NonVotingRevenuesInterestInUnconsolidatedEntity
Non-voting profits interest in EAM Trust (497)valu_NonVotingProfitsInterestInUnconsolidatedEntity (569)valu_NonVotingProfitsInterestInUnconsolidatedEntity
Unrealized gains on securities (45)us-gaap_UnrealizedGainOnSecurities  
Deferred rent (150)valu_NoncashDeferredRentExpenses 617valu_NoncashDeferredRentExpenses
Deferred income taxes 133us-gaap_DeferredIncomeTaxExpenseBenefit 632us-gaap_DeferredIncomeTaxExpenseBenefit
Changes in operating assets and liabilities:    
Unearned revenue (272)us-gaap_IncreaseDecreaseInDeferredRevenue (710)us-gaap_IncreaseDecreaseInDeferredRevenue
Reserve for settlement (54)valu_IncreaseDecreaseInReserveForSettlement (141)valu_IncreaseDecreaseInReserveForSettlement
Operating lease exit obligation   (36)valu_IncreaseDecreaseInOperatingLeaseExitObligation
Accounts payable & accrued expenses (253)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (194)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Accrued salaries (198)us-gaap_IncreaseDecreaseInAccruedSalaries (108)us-gaap_IncreaseDecreaseInAccruedSalaries
Accrued taxes on income (44)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 995us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Prepaid and refundable income taxes 81us-gaap_IncreaseDecreaseInIncomeTaxesReceivable  
Prepaid expenses and other current assets 209us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 366us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts receivable (84)us-gaap_IncreaseDecreaseInAccountsReceivable (157)us-gaap_IncreaseDecreaseInAccountsReceivable
Total adjustments (4,768)us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities (2,819)us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
Net cash provided by operating activities 1,427us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 2,268us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:    
Purchases of securities classified as available-for-sale (57)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (2,589)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
Proceeds from sales of securities classified as available-for-sale 57us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities 36us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
Distributions received from EAM Trust 5,824valu_DistributionFromVariableEntityInvestingActivities 5,208valu_DistributionFromVariableEntityInvestingActivities
Acquisition of property and equipment (99)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (137)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Expenditures for capitalized software (1,802)us-gaap_PaymentsForSoftware (1,874)us-gaap_PaymentsForSoftware
Net cash provided by investing activities 3,923us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 644us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities:    
Purchase of treasury stock at cost (71)us-gaap_PaymentsForRepurchaseOfCommonStock (509)us-gaap_PaymentsForRepurchaseOfCommonStock
Dividends paid (4,416)us-gaap_PaymentsOfDividendsCommonStock (4,435)us-gaap_PaymentsOfDividendsCommonStock
Net cash used in financing activities (4,487)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (4,944)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net change in cash and cash equivalents 863us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (2,032)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of year 5,788us-gaap_CashAndCashEquivalentsAtCarryingValue 6,840us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period $ 6,651us-gaap_CashAndCashEquivalentsAtCarryingValue $ 4,808us-gaap_CashAndCashEquivalentsAtCarryingValue