Employees' Profit Sharing and Savings Plan:

12 Months Ended

Apr. 30, 2012

Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]

Employees' Profit Sharing and Savings Plan:

Note 8-Employees’ Profit Sharing and Savings Plan:

Substantially all employees of the Company and its subsidiaries are members of the Value Line, Inc. Profit Sharing and Savings Plan (the “Plan”). In general, this is a qualified, contributory plan which provides for a discretionary annual Company contribution which is determined by a formula based on the salaries of eligible employees and the amount of consolidated net operating income as defined in the Plan. For the fiscal years ended April 30, 2012 and 2011, the Company accrued expense of $447,000 and $500,000, respectively, related to the Plan. There was no profit sharing contribution made by the Company in fiscal 2010.