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v3.19.3.a.u2

Note 2 - Investments (Tables) | 6 Months Ended
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Oct. 31, 2019
Notes Tables |
Schedule of Available-for-sale Securities Reconciliation [Table Text Block] |
|  |  |  |  |  | Gross Unrealized |  |  |  |  |
($ in thousands) |  | Cost |  |  | Holding Gains |  |  | Fair Value |
ETFs - equities |  | $ | 9,447 |  |  | $ | 2,485 |  |  | $ | 11,932 |
|  |  |  |  |  | Gross Unrealized |  |  |  |  |
($ in thousands) |  | Cost |  |  | Holding Gains |  |  | Fair Value |
ETFs - equities |  | $ | 8,541 |  |  | $ | 2,081 |  |  | $ | 10,622 |
|  | Amortized |  |  | Gross Unrealized |  |  |  |  |
($ in thousands) |  | Historical Cost |  |  | Holding Gains |  |  | Fair Value |
Maturity |  |  |  |  |  |  |  |  |  |  |  |
Due within 1 year |  | $ | 7,411 |  |  | $ | 80 |  |  | $ | 7,491 |
Due 1 year through 5 years |  |  | 2,250 |  |  |  | 17 |  |  |  | 2,267 |
Total investment in government debt securities |  | $ | 9,661 |  |  | $ | 97 |  |  | $ | 9,758 |
|  | Amortized |  |  | Gross Unrealized |  |  |  |  |
($ in thousands) |  | Historical Cost |  |  | Holding Gains |  |  | Fair Value |
Maturity |  |  |  |  |  |  |  |  |  |  |  |
Due within 1 year |  | $ | 6,913 |  |  | $ | 33 |  |  | $ | 6,946 |
Due 1 year through 5 years |  |  | 4,250 |  |  |  | 10 |  |  |  | 4,260 |
Total investment in government debt securities |  | $ | 11,163 |  |  | $ | 43 |  |  | $ | 11,206 |
Investment Income [Table Text Block] |
|  | Three Months Ended October 31, |  |  | Six Months Ended October 31, |
($ in thousands) |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Dividend income |  | $ | 81 |  |  | $ | 62 |  |  | $ | 151 |  |  | $ | 129 |
Interest income |  |  | 66 |  |  |  | 49 |  |  |  | 137 |  |  |  | 84 |
Other |  |  | (4 | ) |  |  | 12 |  |  |  | (4 | ) |  |  | 24 |
Total income from securities transactions, net |  | $ | 143 |  |  | $ | 123 |  |  | $ | 284 |  |  | $ | 237 |
Investment Holdings, Other than Securities [Table Text Block] |
|  | Three Months Ended October 31, |  |  | Six Months Ended October 31, |
($ in thousands) (unaudited) |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Investment management fees earned from the Value Line Funds, net of waivers shown below |  | $ | 5,463 |  |  | $ | 4,181 |  |  | $ | 10,610 |  |  | $ | 8,290 |
12b-1 fees and other fees, net of waivers shown below |  | $ | 2,086 |  |  | $ | 1,727 |  |  | $ | 4,065 |  |  | $ | 3,431 |
Other income |  | $ | 5 |  |  | $ | (27 | ) |  | $ | 58 |  |  | $ | 44 |
Investment management fee waivers and reimbursements |  | $ | 109 |  |  | $ | 110 |  |  | $ | 218 |  |  | $ | 221 |
12b-1 fee waivers |  | $ | 166 |  |  | $ | 175 |  |  | $ | 339 |  |  | $ | 334 |
Value Line’s non-voting revenues interest |  | $ | 2,768 |  |  | $ | 2,095 |  |  | $ | 5,356 |  |  | $ | 4,063 |
EAM's net income (1) |  | $ | 580 |  |  | $ | 578 |  |  | $ | 1,146 |  |  | $ | 1,184 |
Summary Investment Holdings [Table Text Block] |
|  | October 31, |  |  | April 30, |
($ in thousands) |  | 2019 |  |  | 2019 |
|  | (unaudited) |  |  |  |  |
EAM's total assets |  | $ | 61,701 |  |  | $ | 60,683 |
EAM's total liabilities (1) |  |  | (4,723 | ) |  |  | (3,547 | )
EAM's total equity |  | $ | 56,978 |  |  | $ | 57,136 |

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