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Note 15 -Business Segments | 12 Months Ended
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Apr. 30, 2016
Notes to Financial Statements |
Segment Reporting Disclosure [Text Block] | Note 15-Business Segments: Prior to December 23, 2010, (the Restructuring Transaction date), the Company operated two reportable business segments: (1) Publishing and (2) Investment Management. The Publishing segment, the Company's only reportable segment subsequent to the Restructuring Transaction date, produces investment periodicals and related publications (retail and institutional) in both print and digital form, and includes copyright data fees for the Value Line Proprietary Ranking System information and other proprietary information. 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. Quarterly Results (Unaudited) ($ in thousands, except per share amounts)
|  | Net Revenues |  |  | Income/ (Loss) from Operations |  |  | Revenues and Profits Interests in EAM Trust |  |  | Income/ (Loss) From Securities Trans. and Other, net |  |  | Net Income |  |  | Earnings Per Share |
2016, by Quarter |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
First |  | $ | 8,832 |  |  | $ | 959 |  |  | $ | 2,042 |  |  | $ | 51 |  |  | $ | 2,119 |  |  | $ | 0.22 |
Second |  |  | 8,637 |  |  |  | 826 |  |  |  | 1,940 |  |  |  | 31 |  |  |  | 1,992 |  |  |  | 0.20 |
Third |  |  | 8,599 |  |  |  | 557 |  |  |  | 1,919 |  |  |  | 133 |  |  |  | 1,913 |  |  |  | 0.20 |
Fourth* |  |  | 8,478 |  |  |  | (462 | ) |  |  | 1,750 |  |  |  | 262 |  |  |  | 1,267 |  |  |  | 0.13 |
Total |  | $ | 34,546 |  |  | $ | 1,880 |  |  | $ | 7,651 |  |  | $ | 477 |  |  | $ | 7,291 |  |  | $ | 0.75 |
2015, by Quarter |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
First |  | $ | 9,070 |  |  | $ | 1,062 |  |  | $ | 2,022 |  |  | $ | 41 |  |  | $ | 2,036 |  |  | $ | 0.21 |
Second |  |  | 9,261 |  |  |  | 1,046 |  |  |  | 1,949 |  |  |  | 66 |  |  |  | 1,982 |  |  |  | 0.20 |
Third |  |  | 8,863 |  |  |  | 851 |  |  |  | 2,024 |  |  |  | 96 |  |  |  | 2,177 |  |  |  | 0.22 |
Fourth** |  |  | 8,329 |  |  |  | (560 | ) |  |  | 1,975 |  |  |  | (77 | ) |  |  | 1,097 |  |  |  | 0.11 |
Total |  | $ | 35,523 |  |  | $ | 2,399 |  |  | $ | 7,970 |  |  | $ | 126 |  |  | $ | 7,292 |  |  | $ | 0.74 |
2014, by Quarter |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
First |  | $ | 8,952 |  |  | $ | 469 |  |  | $ | 1,769 |  |  | $ | 38 |  |  | $ | 1,445 |  |  | $ | 0.15 |
Second |  |  | 9,013 |  |  |  | 646 |  |  |  | 1,854 |  |  |  | 34 |  |  |  | 1,616 |  |  |  | 0.16 |
Third |  |  | 9,274 |  |  |  | 1,008 |  |  |  | 1,974 |  |  |  | 70 |  |  |  | 2,026 |  |  |  | 0.21 |
Fourth |  |  | 9,092 |  |  |  | 378 |  |  |  | 1,902 |  |  |  | 36 |  |  |  | 1,681 |  |  |  | 0.17 |
Total |  | $ | 36,331 |  |  | $ | 2,501 |  |  | $ | 7,499 |  |  | $ | 178 |  |  | $ | 6,768 |  |  | $ | 0.69 |
* During the fourth quarter ended April 30, 2016, the Company’s loss from operations of $462,000 was the result of accelerated amortization related to the cessation of software development for certain data galleries. ** During the fourth quarter ended April 30, 2015, the Company’s loss from operations of $560,000 was the result of 12 weeks of print revenues recorded in the fourth quarter of fiscal 2015 as compared to 13 weeks recorded in the fourth quarter of fiscal 2014, accelerated write-off of $138,000 related to obsolete software and an additional direct mail campaign in the fourth quarter of fiscal 2015

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: 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=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: 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=68060357&loc=d3e8906-108599 + Details
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