10-Q Filing

IDT CORP CIK: 1005731 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001213900-21-015206`
Period End Date	20210131
Filing Date	20210315
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	f10q0121_idtcorp_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 80 Cash Flow Statement 67 Stockholders Equity 40 Comprehensive Income 27

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.08M	USD	Point-in-time
Trade accounts receivable (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.91M	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$84.86M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$79.48M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$109.86M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$116.36M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Debt securities	`DebtSecuritiesCurrent`	$18.36M	USD	Point-in-time
Debt securities	`DebtSecuritiesCurrent`	$21.50M	USD	Point-in-time
Equity investments	`EquityInvestmentsCurrent`	$24.35M	USD	Point-in-time
Equity investments	`EquityInvestmentsCurrent`	$5.96M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts of $6,909 at January 31, 2021 and $6,085 at July 31, 2020	`ReceivablesNetCurrent`	$44.17M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts of $6,909 at January 31, 2021 and $6,085 at July 31, 2020	`ReceivablesNetCurrent`	$51.62M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$34.67M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$33.12M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.30M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.93M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$341.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$322.13M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$30.64M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$30.06M	USD	Point-in-time
Goodwill	`Goodwill`	$14.84M	USD	Point-in-time
Goodwill	`Goodwill`	$12.86M	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$3.96M	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$6.29M	USD	Point-in-time
Equity investments	`LongTermInvestments`	$8.83M	USD	Point-in-time
Equity investments	`LongTermInvestments`	$10.44M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$9.49M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$8.79M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$2.83M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$8.51M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$8.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.33M	USD	Point-in-time
Total assets	`Assets`	$404.75M	USD	Point-in-time
Total assets	`Assets`	$424.57M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$36.37M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$31.15M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$126.42M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$125.54M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$39.19M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$40.11M	USD	Point-in-time
Customer deposits	`DepositLiabilityCurrent`	$109.67M	USD	Point-in-time
Customer deposits	`DepositLiabilityCurrent`	$115.99M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$12.07M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$14.65M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$324.87M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$326.30M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$6.51M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$7.35M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.34M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.39M	USD	Point-in-time
Total liabilities	`Liabilities`	$333.61M	USD	Point-in-time
Total liabilities	`Liabilities`	$334.15M	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 shares10,000; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.01 par value; authorized shares10,000; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$276.87M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$277.44M	USD	Point-in-time
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 2,192 and 1,616 shares of Class B common stock at January 31, 2021 and July 31, 2020, respectively	`TreasuryStockValue`	$56.22M	USD	Point-in-time
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 2,192 and 1,616 shares of Class B common stock at January 31, 2021 and July 31, 2020, respectively	`TreasuryStockValue`	$60.41M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.41M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.96M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-117.94M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-139.33M	USD	Point-in-time
Total IDT Corporation stockholders equity	`StockholdersEquity`	$74.77M	USD	Point-in-time
Total IDT Corporation stockholders equity	`StockholdersEquity`	$89.86M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$556.00K	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$-3.63M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$53.56M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$90.42M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.33M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$53.39M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$77.58M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.14M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$404.75M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$424.57M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$664.09M	USD	2 Qtrs
Stock-based compensation included in selling, general and administrative expenses	`ShareBasedCompensation`	$434.00K	USD	1 Quarter
Stock-based compensation included in selling, general and administrative expenses	`ShareBasedCompensation`	$1.17M	USD	1 Quarter
Revenues	`Revenues`	$683.19M	USD	2 Qtrs
Revenues	`Revenues`	$339.77M	USD	1 Quarter
Stock-based compensation included in selling, general and administrative expenses	`ShareBasedCompensation`	$940.00K	USD	2 Qtrs
Stock-based compensation included in selling, general and administrative expenses	`ShareBasedCompensation`	$2.53M	USD	2 Qtrs
Revenues	`Revenues`	$323.89M	USD	1 Quarter
Direct cost of revenues (exclusive of depreciation and amortization)	`OperatingCostsAndExpenses`	$542.32M	USD	2 Qtrs
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`	$542.18M	USD	2 Qtrs
Direct cost of revenues (exclusive of depreciation and amortization)	`OperatingCostsAndExpenses`	$269.14M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$53.79M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$54.30M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$106.44M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$107.22M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$10.48M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.18M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.96M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.46M	USD	1 Quarter
Severance	`SeveranceCosts1`	$1.11M	USD	2 Qtrs
Severance	`SeveranceCosts1`	$143.00K	USD	1 Quarter
Severance	`SeveranceCosts1`	$486.00K	USD	1 Quarter
Severance	`SeveranceCosts1`	$255.00K	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$657.97M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$328.05M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$660.99M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$322.18M	USD	1 Quarter
Other operating gain (expense), net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$955.00K	USD	2 Qtrs
Other operating gain (expense), net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$1.21M	USD	1 Quarter
Other operating gain (expense), net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$-392.00K	USD	1 Quarter
Other operating gain (expense), net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$-3.17M	USD	2 Qtrs
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`	$12.92M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$26.17M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$195.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$139.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$467.00K	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$98.00K	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$3.17M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$550.00K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$1.79M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$785.00K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$28.06M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$16.23M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.18M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.07M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.44M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.16M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.03M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.70M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$21.62M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-518.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$13.21M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$904.00K	USD	1 Quarter
Net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$63.00K	USD	2 Qtrs
Net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$97.00K	USD	1 Quarter
Net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$224.00K	USD	2 Qtrs
Net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-28.00K	USD	1 Quarter
Net income (loss) attributable to IDT Corporation	`NetIncomeLoss`	$932.00K	USD	1 Quarter
Net income (loss) attributable to IDT Corporation	`NetIncomeLoss`	$-581.00K	USD	2 Qtrs
Net income (loss) attributable to IDT Corporation	`NetIncomeLoss`	$21.40M	USD	2 Qtrs
Net income (loss) attributable to IDT Corporation	`NetIncomeLoss`	$13.11M	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.02	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.52	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.84	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.02	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.83	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.51	USD	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	25.36M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.30M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	25.45M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.32M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.71M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.30M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.45M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.79M	shares	2 Qtrs

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$21.62M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-518.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$13.21M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$904.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$10.48M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.18M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.96M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.46M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$5.88M	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`	$1.07M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$434.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.17M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$940.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.53M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$412.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$17.00K	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.25M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.33M	USD	2 Qtrs
Prepaid expenses, other current assets and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.31M	USD	2 Qtrs
Prepaid expenses, other current assets and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.96M	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`	$1.63M	USD	2 Qtrs
Customer deposits at IDT Financial Services Limited (Gibraltar-based bank)	`IncreaseDecreaseInOtherCurrentLiabilities`	$-11.14M	USD	2 Qtrs
Customer deposits at IDT Financial Services Limited (Gibraltar-based bank)	`IncreaseDecreaseInOtherCurrentLiabilities`	$-20.61M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-968.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-3.26M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$25.61M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-23.29M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.66M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.82M	USD	2 Qtrs
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$450.00K	USD	2 Qtrs
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.39M	USD	2 Qtrs
Purchase of Rafael Holdings, Inc. Class B common stock and warrant	`PaymentsToAcquireRelatedPartyCommonStockAndWarrants`	$5.00M	USD	2 Qtrs
Purchases of debt securities and equity investments	`PaymentsToAcquireMarketableSecurities`	$34.44M	USD	2 Qtrs
Purchases of debt securities and equity investments	`PaymentsToAcquireMarketableSecurities`	$8.99M	USD	2 Qtrs
Proceeds from maturities and sales of debt securities and redemptions of equity investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$11.57M	USD	2 Qtrs
Proceeds from maturities and sales of debt securities and redemptions of equity investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$2.67M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.07M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.43M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfCapitalDistribution`	$418.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfCapitalDistribution`	$470.00K	USD	2 Qtrs
Repayment of other liabilities.	`RepaymentsOfOtherDebt`	$79.00K	USD	2 Qtrs
Repayment of other liabilities.	`RepaymentsOfOtherDebt`	$56.00K	USD	2 Qtrs
Repayments of borrowings under revolving credit facility	`RepaymentsOfLinesOfCredit`	$273.00K	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$273.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$686.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$276.00K	USD	2 Qtrs
Repurchases of Class B common stock	`PaymentsForRepurchaseOfCommonStock`	$4.19M	USD	2 Qtrs
Repurchases of Class B common stock	`PaymentsForRepurchaseOfCommonStock`	$266.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.98M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-539.00K	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.56M	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 in cash, cash equivalents, and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-24.11M	USD	2 Qtrs
Net decrease in cash, cash equivalents, and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-11.88M	USD	2 Qtrs
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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$233.09M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.34M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$201.22M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$257.20M	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`	$189.34M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$201.22M	USD	Point-in-time
Liabilities incurred for acquisition	`LiabilitiesIncurredForAcquisition`	$393.00K	USD	2 Qtrs
Liabilities incurred for acquisition	`LiabilitiesIncurredForAcquisition`	$375.00K	USD	2 Qtrs

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$53.56M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$90.42M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.33M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$53.39M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$77.58M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.14M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$53.56M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$90.42M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.33M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$53.39M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$77.58M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.14M	USD	Point-in-time
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$686.00K	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$276.00K	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$501.00K	USD	1 Quarter
Repurchases of Class B common stock through repurchase program	`RepurchasesOfClassBCommonStockThroughRepurchaseProgram`	$-2.85M	USD	2 Qtrs
Restricted Class B common stock purchased from employees	`RepurchaseOfRestrictedStock`	$-266.00K	USD	1 Quarter
Restricted Class B common stock purchased from employees	`RepurchaseOfRestrictedStock`	$-1.34M	USD	2 Qtrs
Restricted Class B common stock purchased from employees	`RepurchaseOfRestrictedStock`	$-266.00K	USD	2 Qtrs
Restricted Class B common stock purchased from employees	`RepurchaseOfRestrictedStock`	$-1.34M	USD	1 Quarter
Grant of restricted equity in subsidiary (see Note 11).	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	2 Qtrs
Grant of restricted equity in subsidiary (see Note 11).	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	1 Quarter
Business acquisition	`NoncontrollingInterestIncreaseFromBusinessCombination`	$2.19M	USD	2 Qtrs
Business acquisition	`NoncontrollingInterestIncreaseFromBusinessCombination`	$2.19M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$940.00K	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.17M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.53M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$434.00K	USD	1 Quarter
Distributions to noncontrolling interests	`DistributionToNoncontrollingInterests`	$-230.00K	USD	1 Quarter
Distributions to noncontrolling interests	`DistributionToNoncontrollingInterests`	$-470.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`DistributionToNoncontrollingInterests`	$-418.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`DistributionToNoncontrollingInterests`	$-390.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.55M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-513.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.77M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.72M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$21.62M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-518.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$13.21M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$904.00K	USD	1 Quarter

Comprehensive Income 27 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$21.62M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-518.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$13.21M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$904.00K	USD	1 Quarter
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$46.00K	USD	1 Quarter
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$17.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.81M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-513.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.56M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.72M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.55M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-513.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.77M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.72M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$391.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$11.44M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.23M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$20.07M	USD	2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$63.00K	USD	2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$97.00K	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-28.00K	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$224.00K	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`	$19.85M	USD	2 Qtrs
Comprehensive income (loss) attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$11.34M	USD	1 Quarter

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