10-Q Filing

IDT CORP CIK: 1005731 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001213900-15-001706`
Period End Date	20150131
Filing Date	20150312
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	idt-20150131.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 90 Cash Flow Statement 92 Comprehensive Income 28

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.51M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.12M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$158.21M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$138.16M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$151.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$133.14M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$153.82M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Restricted cash and cash equivalents-short-term	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$65.71M	USD	Point-in-time
Restricted cash and cash equivalents-short-term	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$69.20M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$19.04M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$12.87M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts of $6,123 at January 31, 2015 and $11,507 at July 31, 2014	`ReceivablesNetCurrent`	$55.80M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts of $6,123 at January 31, 2015 and $11,507 at July 31, 2014	`ReceivablesNetCurrent`	$69.33M	USD	Point-in-time
Receivable from sale of interest in Fabrix Systems Ltd.	`ReceivableFromDivestitureOfInterestInConsolidatedSubsidiaries`	$28.29M	USD	Point-in-time
Receivable from sale of interest in Fabrix Systems Ltd.	`ReceivableFromDivestitureOfInterestInConsolidatedSubsidiaries`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$21.80M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$16.25M	USD	Point-in-time
Deferred income tax assets, net-current portion	`DeferredTaxAssetsNetCurrent`	$2.95M	USD	Point-in-time
Deferred income tax assets, net-current portion	`DeferredTaxAssetsNetCurrent`	$2.03M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$10.38M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$12.38M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$338.87M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$334.12M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$86.23M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$81.76M	USD	Point-in-time
Goodwill	`Goodwill`	$14.83M	USD	Point-in-time
Goodwill	`Goodwill`	$14.45M	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$1.74M	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$1.49M	USD	Point-in-time
Investments	`LongTermInvestments`	$10.01M	USD	Point-in-time
Investments	`LongTermInvestments`	$11.38M	USD	Point-in-time
Restricted cash and cash equivalents-long-term	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.76M	USD	Point-in-time
Restricted cash and cash equivalents-long-term	`RestrictedCashAndCashEquivalentsNoncurrent`	-	USD	Point-in-time
Deferred income tax assets, net-long-term portion	`DeferredTaxAssetsNetNoncurrent`	$14.73M	USD	Point-in-time
Deferred income tax assets, net-long-term portion	`DeferredTaxAssetsNetNoncurrent`	$16.25M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$18.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$14.71M	USD	Point-in-time
Total assets	`Assets`	$480.93M	USD	Point-in-time
Total assets	`Assets`	$480.40M	USD	Point-in-time
Revolving credit loan payable	`ShortTermBankLoansAndNotesPayable`	-	USD	Point-in-time
Revolving credit loan payable	`ShortTermBankLoansAndNotesPayable`	$13.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$30.19M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$42.13M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$142.53M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$137.92M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$101.17M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$87.75M	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$62.69M	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$64.56M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$401.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$732.00K	USD	Point-in-time
Notes payable-current portion	`NotesPayableCurrent`	$6.49M	USD	Point-in-time
Notes payable-current portion	`NotesPayableCurrent`	$271.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$4.12M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$5.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$331.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$367.98M	USD	Point-in-time
Notes payable-long-term portion	`LongTermNotesPayable`	$6.35M	USD	Point-in-time
Notes payable-long-term portion	`LongTermNotesPayable`	-	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$5.43M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$333.25M	USD	Point-in-time
Total liabilities	`Liabilities`	$379.77M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.01 par value; authorized shares-10,000; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.01 par value; authorized shares-10,000; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$399.32M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$392.86M	USD	Point-in-time
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 2,980 and 2,934 shares of Class B common stock at January 31, 2015 and July 31, 2014, respectively	`TreasuryStockValue`	$99.84M	USD	Point-in-time
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 2,980 and 2,934 shares of Class B common stock at January 31, 2015 and July 31, 2014, respectively	`TreasuryStockValue`	$100.55M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.67M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-192.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-196.72M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-152.95M	USD	Point-in-time
Total IDT Corporation stockholders' equity	`StockholdersEquity`	$100.24M	USD	Point-in-time
Total IDT Corporation stockholders' equity	`StockholdersEquity`	$145.92M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.23M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$925.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$101.16M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$147.15M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$480.93M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$480.40M	USD	Point-in-time

Income Statement 90 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$827.09M	USD	2 Qtrs
Revenues	`Revenues`	$394.17M	USD	1 Quarter
Revenues	`Revenues`	$807.05M	USD	2 Qtrs
Revenues	`Revenues`	$406.42M	USD	1 Quarter
Direct cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$335.26M	USD	1 Quarter
Direct cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$685.58M	USD	2 Qtrs
Direct cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$672.54M	USD	2 Qtrs
Direct cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$328.74M	USD	1 Quarter
Selling, general and administrative (i)	`SellingGeneralAndAdministrativeExpense`	$115.04M	USD	2 Qtrs
Selling, general and administrative (i)	`SellingGeneralAndAdministrativeExpense`	$114.39M	USD	2 Qtrs
Selling, general and administrative (i)	`SellingGeneralAndAdministrativeExpense`	$57.39M	USD	1 Quarter
Selling, general and administrative (i)	`SellingGeneralAndAdministrativeExpense`	$57.28M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.44M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$7.96M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$8.85M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.06M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	-	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.66M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$4.87M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$2.60M	USD	1 Quarter
Severance	`SeveranceCosts1`	$351.00K	USD	1 Quarter
Severance	`SeveranceCosts1`	$1.90M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$813.45M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$799.34M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$390.92M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$399.20M	USD	1 Quarter
Gain on sale of interest in Fabrix Systems Ltd.	`GainOrLossOnSaleOfStockInSubsidiary`	-	USD	1 Quarter
Gain on sale of interest in Fabrix Systems Ltd.	`GainOrLossOnSaleOfStockInSubsidiary`	$484.00K	USD	1 Quarter
Gain on sale of interest in Fabrix Systems Ltd.	`GainOrLossOnSaleOfStockInSubsidiary`	-	USD	2 Qtrs
Gain on sale of interest in Fabrix Systems Ltd.	`GainOrLossOnSaleOfStockInSubsidiary`	$75.63M	USD	2 Qtrs
Other operating gains, net	`OtherOperatingLossGains`	-	USD	2 Qtrs
Other operating gains, net	`OtherOperatingLossGains`	$1.21M	USD	2 Qtrs
Other operating gains, net	`OtherOperatingLossGains`	-	USD	1 Quarter
Other operating gains, net	`OtherOperatingLossGains`	$350.00K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$83.34M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$3.73M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$14.86M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$7.57M	USD	1 Quarter
Interest (expense) income, net	`InterestIncomeExpenseNet`	$105.00K	USD	1 Quarter
Interest (expense) income, net	`InterestIncomeExpenseNet`	$-131.00K	USD	2 Qtrs
Interest (expense) income, net	`InterestIncomeExpenseNet`	$80.00K	USD	2 Qtrs
Interest (expense) income, net	`InterestIncomeExpenseNet`	$-40.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-3.61M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-3.06M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$967.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$2.29M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$11.32M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$85.50M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.66M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.61M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.39M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.30M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.91M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.64M	USD	1 Quarter
Net income	`ProfitLoss`	$83.11M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.02M	USD	2 Qtrs
Net income	`ProfitLoss`	$2.97M	USD	1 Quarter
Net income	`ProfitLoss`	$2.76M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$438.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$445.00K	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$965.00K	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$247.00K	USD	1 Quarter
Net income attributable to IDT Corporation	`NetIncomeLoss`	$6.06M	USD	2 Qtrs
Net income attributable to IDT Corporation	`NetIncomeLoss`	$2.51M	USD	1 Quarter
Net income attributable to IDT Corporation	`NetIncomeLoss`	$2.54M	USD	1 Quarter
Net income attributable to IDT Corporation	`NetIncomeLoss`	$82.67M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.28	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.11	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.63	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.11	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.27	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.11	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.57	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	21.57M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.82M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.78M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	21.30M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.16M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.23M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.74M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.83M	shares	2 Qtrs
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.82	USD	1 Quarter
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$1.67	USD	2 Qtrs
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.17	USD	2 Qtrs
(i) Stock-based compensation included in selling, general and administrative expenses	`ShareBasedCompensation`	$2.17M	USD	1 Quarter
(i) Stock-based compensation included in selling, general and administrative expenses	`ShareBasedCompensation`	$3.02M	USD	2 Qtrs
(i) Stock-based compensation included in selling, general and administrative expenses	`ShareBasedCompensation`	$4.13M	USD	2 Qtrs
(i) Stock-based compensation included in selling, general and administrative expenses	`ShareBasedCompensation`	$1.63M	USD	1 Quarter

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$83.11M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.02M	USD	2 Qtrs
Net income	`ProfitLoss`	$2.97M	USD	1 Quarter
Net income	`ProfitLoss`	$2.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.44M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$7.96M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$8.85M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.06M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$2.44M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$2.61M	USD	2 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$35.00K	USD	2 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$548.00K	USD	2 Qtrs
Gain on sale of interest in Fabrix Systems Ltd.	`GainOrLossOnSaleOfStockInSubsidiary`	-	USD	1 Quarter
Gain on sale of interest in Fabrix Systems Ltd.	`GainOrLossOnSaleOfStockInSubsidiary`	$484.00K	USD	1 Quarter
Gain on sale of interest in Fabrix Systems Ltd.	`GainOrLossOnSaleOfStockInSubsidiary`	-	USD	2 Qtrs
Gain on sale of interest in Fabrix Systems Ltd.	`GainOrLossOnSaleOfStockInSubsidiary`	$75.63M	USD	2 Qtrs
Gain on proceeds from insurance	`GainOnInsuranceSettlement`	-	USD	2 Qtrs
Gain on proceeds from insurance	`GainOnInsuranceSettlement`	$571.00K	USD	2 Qtrs
Realized loss on marketable securities	`MarketableSecuritiesRealizedGainLoss`	$-54.00K	USD	2 Qtrs
Realized loss on marketable securities	`MarketableSecuritiesRealizedGainLoss`	-	USD	2 Qtrs
Interest in the equity of investments	`IncomeLossFromEquityMethodInvestments`	$1.46M	USD	2 Qtrs
Interest in the equity of investments	`IncomeLossFromEquityMethodInvestments`	$852.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.17M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$3.02M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.13M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.63M	USD	1 Quarter
Restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$19.08M	USD	2 Qtrs
Restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$7.91M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.29M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.46M	USD	2 Qtrs
Prepaid expenses, other current assets and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.12M	USD	2 Qtrs
Prepaid expenses, other current assets and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.79M	USD	2 Qtrs
Trade accounts payable, accrued expenses, other current liabilities and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-7.48M	USD	2 Qtrs
Trade accounts payable, accrued expenses, other current liabilities and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-23.30M	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInCustomerDeposits`	$22.78M	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInCustomerDeposits`	$8.19M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-292.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$665.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$5.87M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-1.05M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$9.13M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$20.95M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.85M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.95M	USD	2 Qtrs
Proceeds from sale of interest in Fabrix Systems Ltd, net of cash and cash equivalents sold.	`CashReceivedFromDivestitureOfInterestInConsolidatedSubsidiariesParentOnlyPortion`	$36.04M	USD	2 Qtrs
Proceeds from sale of interest in Fabrix Systems Ltd, net of cash and cash equivalents sold.	`CashReceivedFromDivestitureOfInterestInConsolidatedSubsidiariesParentOnlyPortion`	-	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$125.00K	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	-	USD	2 Qtrs
Proceeds from sale and redemption of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$43.00K	USD	2 Qtrs
Proceeds from sale and redemption of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$1.02M	USD	2 Qtrs
Proceeds from insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	-	USD	2 Qtrs
Proceeds from insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	$571.00K	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$11.63M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$18.38M	USD	2 Qtrs
Proceeds from maturities and sales of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$10.09M	USD	2 Qtrs
Proceeds from maturities and sales of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$12.10M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-7.79M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$15.73M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$38.89M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$5.75M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfCapitalDistribution`	$626.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfCapitalDistribution`	$750.00K	USD	2 Qtrs
Purchases of stock of subsidiary	`PurchasesOfStockOfSubsidiary`	-	USD	2 Qtrs
Purchases of stock of subsidiary	`PurchasesOfStockOfSubsidiary`	$1.13M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$528.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.90M	USD	2 Qtrs
Proceeds from revolving credit loan payable	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Proceeds from revolving credit loan payable	`ProceedsFromLinesOfCredit`	$30.00M	USD	2 Qtrs
Repayments of revolving credit loan payable and other borrowings	`RepaymentsOfLongTermDebt`	$13.13M	USD	2 Qtrs
Repayments of revolving credit loan payable and other borrowings	`RepaymentsOfLongTermDebt`	$36.19M	USD	2 Qtrs
Repurchases of Class B common stock	`PaymentsForRepurchaseOfCommonStock`	$955.00K	USD	2 Qtrs
Repurchases of Class B common stock	`PaymentsForRepurchaseOfCommonStock`	$703.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-50.58M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-14.13M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-646.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-6.79M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-20.68M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-13.44M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$158.21M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$138.16M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$151.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$133.14M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$153.82M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$158.21M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$138.16M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$151.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$133.14M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$153.82M	USD	Point-in-time
Net liabilities excluding cash and cash equivalents of Fabrix Systems Ltd. sold	`NetLiabilitiesExcludingCashAndCashEquivalentsOfSubsidiariesDeconsolidatedAsResultOfSale`	-	USD	2 Qtrs
Net liabilities excluding cash and cash equivalents of Fabrix Systems Ltd. sold	`NetLiabilitiesExcludingCashAndCashEquivalentsOfSubsidiariesDeconsolidatedAsResultOfSale`	$14.33M	USD	2 Qtrs
Adjustment to liabilities in connection with the Straight Path Spin-Off	`AdjustmentToLiabilitiesInConnectionWithSpinOff`	$1.62M	USD	2 Qtrs
Adjustment to liabilities in connection with the Straight Path Spin-Off	`AdjustmentToLiabilitiesInConnectionWithSpinOff`	-	USD	2 Qtrs

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$83.11M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.02M	USD	2 Qtrs
Net income	`ProfitLoss`	$2.97M	USD	1 Quarter
Net income	`ProfitLoss`	$2.76M	USD	1 Quarter
Change in unrealized gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$8.00K	USD	1 Quarter
Change in unrealized gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Change in unrealized gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Change in unrealized gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$15.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.18M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.12M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$518.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-3.98M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-2.11M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-3.96M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.18M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$518.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$79.15M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$8.21M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$646.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.49M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$445.00K	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$438.00K	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$247.00K	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$965.00K	USD	2 Qtrs
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$78.70M	USD	2 Qtrs
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$7.24M	USD	2 Qtrs
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$3.05M	USD	1 Quarter
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$399.00K	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.