10-Q Filing

IDT CORP CIK: 1005731 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001213900-20-005978`
Period End Date	20200131
Filing Date	20200311
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	idt-20200131.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 80 Cash Flow Statement 71 Stockholders Equity 39 Comprehensive Income 28

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.36M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.44M	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
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$80.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$61.09M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$177.03M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$172.00M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Debt securities	`DebtSecuritiesCurrent`	$8.75M	USD	Point-in-time
Debt securities	`DebtSecuritiesCurrent`	$2.53M	USD	Point-in-time
Equity investments	`OtherShortTermInvestments`	$5.89M	USD	Point-in-time
Equity investments	`OtherShortTermInvestments`	$5.69M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts of $6,362 at January 31, 2020 and $5,444 at July 31, 2019	`ReceivablesNetCurrent`	$52.17M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts of $6,362 at January 31, 2020 and $5,444 at July 31, 2019	`ReceivablesNetCurrent`	$58.06M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$25.45M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$20.28M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$24.70M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$30.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$355.46M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$368.46M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$34.35M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$31.56M	USD	Point-in-time
Goodwill	`Goodwill`	$12.61M	USD	Point-in-time
Goodwill	`Goodwill`	$11.21M	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$4.20M	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$4.21M	USD	Point-in-time
Equity investments	`LongTermInvestments`	$9.32M	USD	Point-in-time
Equity investments	`LongTermInvestments`	$9.59M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$10.98M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$4.59M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$3.12M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.57M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$12.18M	USD	Point-in-time
Total assets	`Assets`	$439.71M	USD	Point-in-time
Total assets	`Assets`	$443.70M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$32.80M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$37.08M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$125.53M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$127.83M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$42.48M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$39.29M	USD	Point-in-time
Customer deposits	`DepositLiabilityCurrent`	$175.03M	USD	Point-in-time
Customer deposits	`DepositLiabilityCurrent`	$168.33M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$6.65M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$10.09M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$376.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$389.07M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$8.73M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.54M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.08M	USD	Point-in-time
Total liabilities	`Liabilities`	$386.32M	USD	Point-in-time
Total liabilities	`Liabilities`	$390.15M	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`	$273.31M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$276.12M	USD	Point-in-time
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 945 and 908 shares of Class B common stock at January 31, 2020 and July 31, 2019, respectively	`TreasuryStockValue`	$52.01M	USD	Point-in-time
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 945 and 908 shares of Class B common stock at January 31, 2020 and July 31, 2019, respectively	`TreasuryStockValue`	$51.74M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.86M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.58M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-161.34M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-160.76M	USD	Point-in-time
Total IDT Corporation stockholders' equity	`StockholdersEquity`	$56.24M	USD	Point-in-time
Total IDT Corporation stockholders' equity	`StockholdersEquity`	$56.49M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$-3.09M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$-2.69M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$53.39M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.28M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.33M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$53.56M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.06M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$31.30M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$443.70M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$439.71M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$323.89M	USD	1 Quarter
Revenues	`Revenues`	$711.79M	USD	2 Qtrs
Revenues	`Revenues`	$664.09M	USD	2 Qtrs
Revenues	`Revenues`	$349.47M	USD	1 Quarter
Direct cost of revenues (exclusive of depreciation and amortization)	`OperatingCostsAndExpenses`	$542.18M	USD	2 Qtrs
Direct cost of revenues (exclusive of depreciation and amortization)	`OperatingCostsAndExpenses`	$291.18M	USD	1 Quarter
Direct cost of revenues (exclusive of depreciation and amortization)	`OperatingCostsAndExpenses`	$262.72M	USD	1 Quarter
Direct cost of revenues (exclusive of depreciation and amortization)	`OperatingCostsAndExpenses`	$595.87M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$101.45M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$107.22M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$50.90M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$53.79M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.18M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$11.36M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$10.48M	USD	2 Qtrs
Severance	`SeveranceCosts1`	$486.00K	USD	1 Quarter
Severance	`SeveranceCosts1`	-	USD	1 Quarter
Severance	`SeveranceCosts1`	-	USD	2 Qtrs
Severance	`SeveranceCosts1`	$1.11M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$708.68M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$660.99M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$347.84M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$322.18M	USD	1 Quarter
Other operating expense, net (see Note 9)	`OtherOperatingIncomeExpenseNet`	$-3.17M	USD	2 Qtrs
Other operating expense, net (see Note 9)	`OtherOperatingIncomeExpenseNet`	$-392.00K	USD	1 Quarter
Other operating expense, net (see Note 9)	`OtherOperatingIncomeExpenseNet`	$-3.38M	USD	2 Qtrs
Other operating expense, net (see Note 9)	`OtherOperatingIncomeExpenseNet`	$-2.09M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-70.00K	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$1.32M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-275.00K	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-457.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$195.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$186.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$295.00K	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$467.00K	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$785.00K	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$550.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$496.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-853.00K	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.18M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$225.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.07M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-833.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.16M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.70M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.18M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.24M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-518.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-1.01M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$904.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.01M	USD	2 Qtrs
Net loss (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$63.00K	USD	2 Qtrs
Net loss (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$601.00K	USD	2 Qtrs
Net loss (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$300.00K	USD	1 Quarter
Net loss (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-28.00K	USD	1 Quarter
Net income (loss) attributable to IDT Corporation	`NetIncomeLoss`	$-581.00K	USD	2 Qtrs
Net income (loss) attributable to IDT Corporation	`NetIncomeLoss`	$-1.31M	USD	1 Quarter
Net income (loss) attributable to IDT Corporation	`NetIncomeLoss`	$932.00K	USD	1 Quarter
Net income (loss) attributable to IDT Corporation	`NetIncomeLoss`	$-3.61M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.05	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.15	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-0.02	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.02	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.15	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.05	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	24.82M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.30M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	24.32M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.32M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.32M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.82M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.45M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.30M	shares	2 Qtrs
(i) Stock-based compensation included in selling, general and administrative expenses	`ShareBasedCompensation`	$1.17M	USD	1 Quarter
(i) Stock-based compensation included in selling, general and administrative expenses	`ShareBasedCompensation`	$467.00K	USD	1 Quarter
(i) Stock-based compensation included in selling, general and administrative expenses	`ShareBasedCompensation`	$2.53M	USD	2 Qtrs
(i) Stock-based compensation included in selling, general and administrative expenses	`ShareBasedCompensation`	$880.00K	USD	2 Qtrs

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-518.00K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.01M	USD	1 Quarter
Net loss	`ProfitLoss`	$904.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-3.01M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.18M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$11.36M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$10.48M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$2.04M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.59M	USD	2 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$1.47M	USD	2 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$620.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.17M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$467.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.53M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$880.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$78.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$412.00K	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-17.33M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.25M	USD	2 Qtrs
Prepaid expenses, other current assets and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-79.00K	USD	2 Qtrs
Prepaid expenses, other current assets and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.31M	USD	2 Qtrs
Trade accounts payable, accrued expenses, other current liabilities and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-11.49M	USD	2 Qtrs
Trade accounts payable, accrued expenses, other current liabilities and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-15.19M	USD	2 Qtrs
Customer deposits at IDT Financial Services Limited (Gibraltar-based bank)	`IncreaseDecreaseInOtherCurrentLiabilities`	$-20.61M	USD	2 Qtrs
Customer deposits at IDT Financial Services Limited (Gibraltar-based bank)	`IncreaseDecreaseInOtherCurrentLiabilities`	$29.02M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-5.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-3.26M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-23.29M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$38.05M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.40M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.66M	USD	2 Qtrs
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$450.00K	USD	2 Qtrs
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.45M	USD	2 Qtrs
Purchases of debt securities and equity investments	`PaymentsToAcquireMarketableSecurities`	$8.99M	USD	2 Qtrs
Purchases of debt securities and equity investments	`PaymentsToAcquireMarketableSecurities`	$500.00K	USD	2 Qtrs
Proceeds from maturities and sales of debt securities and redemptions of equity investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$2.67M	USD	2 Qtrs
Proceeds from maturities and sales of debt securities and redemptions of equity investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$5.55M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.79M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.43M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfCapitalDistribution`	$470.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfCapitalDistribution`	$737.00K	USD	2 Qtrs
Proceeds from sale of Class B common stock to Howard S. Jonas	`ProceedsFromIssuanceOfCommonStock`	$13.27M	USD	2 Qtrs
Proceeds from sale of Class B common stock to Howard S. Jonas	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Repayment of other liabilities.	`RepaymentsOfOtherDebt`	$79.00K	USD	2 Qtrs
Repayment of other liabilities.	`RepaymentsOfOtherDebt`	$615.00K	USD	2 Qtrs
Repayments of borrowings under revolving credit facility	`RepaymentsOfLinesOfCredit`	$273.00K	USD	2 Qtrs
Repayments of borrowings under revolving credit facility	`RepaymentsOfLinesOfCredit`	$3.00M	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$3.00M	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$273.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$276.00K	USD	2 Qtrs
Repurchases of Class B common stock	`PaymentsForRepurchaseOfCommonStock`	$3.87M	USD	2 Qtrs
Repurchases of Class B common stock	`PaymentsForRepurchaseOfCommonStock`	$266.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.05M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-539.00K	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-236.00K	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.15M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$36.07M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-24.11M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$239.26M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$203.20M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$233.09M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$257.20M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$239.26M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$203.20M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$233.09M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$257.20M	USD	Point-in-time
Liabilities incurred for acquisition	`NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1`	$375.00K	USD	2 Qtrs
Howard S. Jonas' advance payment used for sale of Class B common stock	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	-	USD	2 Qtrs
Howard S. Jonas' advance payment used for sale of Class B common stock	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$1.50M	USD	2 Qtrs

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$53.39M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.28M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.33M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$53.56M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.06M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$31.30M	USD	Point-in-time
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$276.00K	USD	2 Qtrs
Adjustment from the adoption of change in revenue recognition	`AdjustmentsFromChangeInRevenueRecognition`	$9.06M	USD	2 Qtrs
Adjustment from the adoption of change in accounting for equity investments	`CumulativeEffectOnRetainedEarningsNetOfTax1`	$1.17M	USD	2 Qtrs
BALANCE AT AUGUST 1, 2018	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1`	$41.54M	USD	Point-in-time
Repurchases of Class B common stock through repurchase program	`RepurchaseOfCommonStockUnderStockRepurchaseProgram`	$-3.85M	USD	2 Qtrs
Sale of Class B common stock to Howard S. Jonas	`ProceedsFromIssuanceOrSaleOfEquity`	$14.77M	USD	2 Qtrs
Sale of Class B common stock to Howard S. Jonas	`ProceedsFromIssuanceOrSaleOfEquity`	$14.77M	USD	1 Quarter
Restricted Class B common stock purchased from employees	`RepurchaseOfRestrictedStock`	$-266.00K	USD	1 Quarter
Restricted Class B common stock purchased from employees	`RepurchaseOfRestrictedStock`	$-16.00K	USD	2 Qtrs
Restricted Class B common stock purchased from employees	`RepurchaseOfRestrictedStock`	$-16.00K	USD	1 Quarter
Restricted Class B common stock purchased from employees	`RepurchaseOfRestrictedStock`	$-266.00K	USD	2 Qtrs
Stock-based compensation	`StockBasedCompensation`	$467.00K	USD	1 Quarter
Stock-based compensation	`StockBasedCompensation`	$880.00K	USD	2 Qtrs
Stock-based compensation	`StockBasedCompensation`	$1.17M	USD	1 Quarter
Stock-based compensation	`StockBasedCompensation`	$2.53M	USD	2 Qtrs
Distributions to noncontrolling interests	`DistributionToNoncontrollingInterests`	$-398.00K	USD	1 Quarter
Distributions to noncontrolling interests	`DistributionToNoncontrollingInterests`	$-737.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`DistributionToNoncontrollingInterests`	$-470.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`DistributionToNoncontrollingInterests`	$-230.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.72M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-38.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-513.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$484.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-518.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-1.01M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$904.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.01M	USD	2 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$53.39M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$36.28M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.33M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$53.56M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.06M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$31.30M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-518.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-1.01M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$904.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.01M	USD	2 Qtrs
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$3.00K	USD	1 Quarter
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.72M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$483.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-41.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-513.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-1.72M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-38.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-513.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$484.00K	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$391.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.05M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.23M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.52M	USD	2 Qtrs
Comprehensive loss (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-28.00K	USD	1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$300.00K	USD	1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$63.00K	USD	2 Qtrs
Comprehensive loss (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$601.00K	USD	2 Qtrs
Comprehensive income (loss) attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$-2.30M	USD	2 Qtrs
Comprehensive income (loss) attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$419.00K	USD	1 Quarter
Comprehensive income (loss) attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$-1.35M	USD	1 Quarter
Comprehensive income (loss) attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$-3.13M	USD	2 Qtrs

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