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v3.20.2

Note 2 - Investments (Tables) | 6 Months Ended
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Oct. 31, 2020
Notes Tables |
Schedule of Available-for-sale Securities Reconciliation [Table Text Block] |
|  |  |  |  |  | Gross Unrealized |  |  |  |  |
($ in thousands) |  | Cost |  |  | Holding Gains |  |  | Fair Value |
ETFs - equities |  | $ | 15,909 |  |  | $ | 1,276 |  |  | $ | 17,185 |
|  |  |  |  |  | Gross Unrealized |  |  | Gross Unrealized |  |  |  |  |
($ in thousands) |  | Cost |  |  | Gains |  |  | Losses |  |  | Fair Value |
ETFs - equities |  | $ | 12,877 |  |  | $ | 1,317 |  |  | $ | (69 | ) |  | $ | 14,125 |
|  | Amortized |  |  | Gross Unrealized |  |  |  |  |
($ in thousands) |  | Historical Cost |  |  | Holding Gains |  |  | Fair Value |
Maturity |  |  |  |  |  |  |  |  |  |  |  |
Due within 1 year |  | $ | 12,185 |  |  | $ | 115 |  |  | $ | 12,300 |
Total investment in government debt securities |  | $ | 12,185 |  |  | $ | 115 |  |  | $ | 12,300 |
|  | Amortized |  |  | Gross Unrealized |  |  |  |  |
($ in thousands) |  | Historical Cost |  |  | Holding Gains |  |  | Fair Value |
Maturity |  |  |  |  |  |  |  |  |  |  |  |
Due within 1 year |  | $ | 14,652 |  |  | $ | 177 |  |  | $ | 14,829 |
Due 1 year through 5 years |  |  | 250 |  |  |  | - |  |  |  | 250 |
Total investment in government debt securities |  | $ | 14,902 |  |  | $ | 177 |  |  | $ | 15,079 |
Investment Income [Table Text Block] |
|  | Three Months Ended October 31, |  |  | Six Months Ended October 31, |
($ in thousands) |  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Dividend income |  | $ | 137 |  |  | $ | 81 |  |  | $ | 258 |  |  | $ | 151 |
Interest income |  |  | 44 |  |  |  | 66 |  |  |  | 100 |  |  |  | 137 |
Realized gain on sale of equity securities |  |  | 142 |  |  |  | - |  |  |  | 925 |  |  |  | - |
Other |  |  | - |  |  |  | (4 | ) |  |  | (2 | ) |  |  | (4 | )
Total income from securities transactions, net |  | $ | 323 |  |  | $ | 143 |  |  | $ | 1,281 |  |  | $ | 284 |
Investment Holdings, Other than Securities [Table Text Block] |
|  | Three Months Ended October 31, |  |  | Six Months Ended October 31, |
($ in thousands) (unaudited) |  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Investment management fees earned from the Value Line Funds, net of waivers shown below |  | $ | 7,181 |  |  | $ | 5,463 |  |  | $ | 13,491 |  |  | $ | 10,610 |
12b-1 fees and other fees, net of waivers shown below |  | $ | 2,454 |  |  | $ | 2,086 |  |  | $ | 4,755 |  |  | $ | 4,065 |
Other income |  | $ | 5 |  |  | $ | 5 |  |  | $ | 115 |  |  | $ | 58 |
Investment management fee waivers and reimbursements |  | $ | 76 |  |  | $ | 109 |  |  | $ | 119 |  |  | $ | 218 |
12b-1 fee waivers |  | $ | 165 |  |  | $ | 166 |  |  | $ | 322 |  |  | $ | 339 |
Value Line's non-voting revenues interest |  | $ | 3,729 |  |  | $ | 2,768 |  |  | $ | 7,009 |  |  | $ | 5,356 |
EAM's net income (1) |  | $ | 970 |  |  | $ | 580 |  |  | $ | 1,698 |  |  | $ | 1,146 |
Summary Investment Holdings [Table Text Block] |
|  | October 31, |  |  | April 30, |
($ in thousands) |  | 2020 |  |  | 2020 |
|  | (unaudited) |  |  |  |  |
EAM's total assets |  | $ | 63,549 |  |  | $ | 61,335 |
EAM's total liabilities (1) |  |  | (6,529 | ) |  |  | (4,192 | )
EAM's total equity |  | $ | 57,020 |  |  | $ | 57,143 |

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