10-Q Filing

IDT CORP CIK: 1005731 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001493152-22-016275`
Period End Date	20220430
Filing Date	20220609
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 80 Cash Flow Statement 84 Stockholders Equity 41 Comprehensive Income 28

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit loss, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.06M	USD	Point-in-time
Accounts receivable, allowance for credit loss, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.44M	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, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$107.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$97.14M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$119.77M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$100.96M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Debt securities	`DebtSecuritiesCurrent`	$14.01M	USD	Point-in-time
Debt securities	`DebtSecuritiesCurrent`	$22.71M	USD	Point-in-time
Equity investments	`EquitySecuritiesFvNi`	$16.18M	USD	Point-in-time
Equity investments	`EquitySecuritiesFvNi`	$42.43M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts of $5,061 at April 30, 2022 and $4,438 at July 31, 2021	`ReceivablesNetCurrent`	$46.64M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts of $5,061 at April 30, 2022 and $4,438 at July 31, 2021	`ReceivablesNetCurrent`	$52.88M	USD	Point-in-time
Disbursement prefunding	`DisbursementPrefunding`	$37.11M	USD	Point-in-time
Disbursement prefunding	`DisbursementPrefunding`	$27.66M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$16.68M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$13.69M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$27.44M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$16.78M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$388.13M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$371.09M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$30.83M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$33.45M	USD	Point-in-time
Goodwill	`Goodwill`	$14.90M	USD	Point-in-time
Goodwill	`Goodwill`	$26.49M	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$7.58M	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$10.04M	USD	Point-in-time
Equity investments	`LongTermInvestments`	$7.32M	USD	Point-in-time
Equity investments	`LongTermInvestments`	$11.65M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$7.67M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$7.92M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$41.50M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$36.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.39M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.37M	USD	Point-in-time
Total assets	`Assets`	$512.65M	USD	Point-in-time
Total assets	`Assets`	$503.27M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$24.50M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$27.82M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$129.09M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$118.28M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$42.29M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$39.05M	USD	Point-in-time
Customer deposits	`DepositLiabilityCurrent`	$95.10M	USD	Point-in-time
Customer deposits	`DepositLiabilityCurrent`	$115.52M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$27.93M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$35.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$315.36M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$339.33M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$5.47M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$5.32M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$6.33M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.23M	USD	Point-in-time
Total liabilities	`Liabilities`	$327.01M	USD	Point-in-time
Total liabilities	`Liabilities`	$346.04M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$10.10M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	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`	$295.92M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$278.02M	USD	Point-in-time
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 3,058 and 2,192 shares of Class B common stock at April 30, 2022 and July 31, 2021, respectively	`TreasuryStockValue`	$88.17M	USD	Point-in-time
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 3,058 and 2,192 shares of Class B common stock at April 30, 2022 and July 31, 2021, respectively	`TreasuryStockValue`	$60.41M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.34M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.18M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-42.86M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-33.07M	USD	Point-in-time
Total IDT Corporation stockholders equity	`StockholdersEquity`	$164.86M	USD	Point-in-time
Total IDT Corporation stockholders equity	`StockholdersEquity`	$163.64M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$2.52M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.75M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.61M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.14M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$162.98M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.16M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$127.16M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$90.42M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$503.27M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$512.65M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$373.83M	USD	1 Quarter
Stock-based compensation included in selling, general and administrative expenses	`ShareBasedCompensation`	$275.00K	USD	1 Quarter
Revenues	`Revenues`	$1.04B	USD	3 Qtrs
Stock-based compensation included in selling, general and administrative expenses	`ShareBasedCompensation`	$1.84M	USD	3 Qtrs
Stock-based compensation included in selling, general and administrative expenses	`ShareBasedCompensation`	$1.22M	USD	3 Qtrs
Revenues	`Revenues`	$1.06B	USD	3 Qtrs
Revenues	`Revenues`	$328.35M	USD	1 Quarter
Stock-based compensation included in selling, general and administrative expenses	`ShareBasedCompensation`	$1.25M	USD	1 Quarter
Direct cost of revenues (exclusive of depreciation and amortization)	`OperatingCostsAndExpenses`	$300.80M	USD	1 Quarter
Direct cost of revenues (exclusive of depreciation and amortization)	`OperatingCostsAndExpenses`	$843.12M	USD	3 Qtrs
Direct cost of revenues (exclusive of depreciation and amortization)	`OperatingCostsAndExpenses`	$796.52M	USD	3 Qtrs
Direct cost of revenues (exclusive of depreciation and amortization)	`OperatingCostsAndExpenses`	$247.56M	USD	1 Quarter
Selling, general and administrative (i)	`SellingGeneralAndAdministrativeExpense`	$183.95M	USD	3 Qtrs
Selling, general and administrative (i)	`SellingGeneralAndAdministrativeExpense`	$161.59M	USD	3 Qtrs
Selling, general and administrative (i)	`SellingGeneralAndAdministrativeExpense`	$62.77M	USD	1 Quarter
Selling, general and administrative (i)	`SellingGeneralAndAdministrativeExpense`	$55.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.51M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$13.33M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$13.38M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.42M	USD	1 Quarter
Severance	`SeveranceCosts1`	$67.00K	USD	3 Qtrs
Severance	`SeveranceCosts1`	$184.00K	USD	1 Quarter
Severance	`SeveranceCosts1`	$439.00K	USD	3 Qtrs
Severance	`SeveranceCosts1`	-	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$1.02B	USD	3 Qtrs
Total costs and expenses	`OperatingExpenses`	$360.55M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$314.85M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$993.86M	USD	3 Qtrs
Other operating (expense) gain, net (see Note 11)	`OtherOperatingIncomeExpenseNet`	$595.00K	USD	1 Quarter
Other operating (expense) gain, net (see Note 11)	`OtherOperatingIncomeExpenseNet`	$1.55M	USD	3 Qtrs
Other operating (expense) gain, net (see Note 11)	`OtherOperatingIncomeExpenseNet`	$-709.00K	USD	3 Qtrs
Other operating (expense) gain, net (see Note 11)	`OtherOperatingIncomeExpenseNet`	$-179.00K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$40.92M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$13.33M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$13.87M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$40.05M	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$125.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$217.00K	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$223.00K	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$85.00K	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$-24.23M	USD	3 Qtrs
Other (expense) income, net	`NonoperatingIncomeExpense`	$3.81M	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$-5.07M	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$5.61M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$17.81M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$16.90M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$45.88M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.35M	USD	1 Quarter
(Provision for) benefit from income taxes	`IncomeTaxExpenseBenefit`	$-18.59M	USD	1 Quarter
(Provision for) benefit from income taxes	`IncomeTaxExpenseBenefit`	$5.89M	USD	3 Qtrs
(Provision for) benefit from income taxes	`IncomeTaxExpenseBenefit`	$3.24M	USD	1 Quarter
(Provision for) benefit from income taxes	`IncomeTaxExpenseBenefit`	$-12.14M	USD	3 Qtrs
Net income	`ProfitLoss`	$58.02M	USD	3 Qtrs
Net income	`ProfitLoss`	$11.02M	USD	3 Qtrs
Net income	`ProfitLoss`	$5.11M	USD	1 Quarter
Net income	`ProfitLoss`	$36.40M	USD	1 Quarter
Net (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.23M	USD	3 Qtrs
Net (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$274.00K	USD	3 Qtrs
Net (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$50.00K	USD	1 Quarter
Net (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$335.00K	USD	1 Quarter
Net income attributable to IDT Corporation	`NetIncomeLoss`	$36.35M	USD	1 Quarter
Net income attributable to IDT Corporation	`NetIncomeLoss`	$4.77M	USD	1 Quarter
Net income attributable to IDT Corporation	`NetIncomeLoss`	$57.74M	USD	3 Qtrs
Net income attributable to IDT Corporation	`NetIncomeLoss`	$9.79M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.42	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.27	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.38	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.18	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.18	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.37	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.39	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.23	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.48M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.71M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.90M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.53M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.14M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.45M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.20M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.90M	shares	3 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$58.02M	USD	3 Qtrs
Net income	`ProfitLoss`	$11.02M	USD	3 Qtrs
Net income	`ProfitLoss`	$5.11M	USD	1 Quarter
Net income	`ProfitLoss`	$36.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.51M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$13.33M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$13.38M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.42M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$4.62M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-13.81M	USD	3 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$1.58M	USD	3 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$1.22M	USD	3 Qtrs
Net unrealized loss (gain) from marketable securities	`MarketableSecuritiesGainLoss`	$-19.70M	USD	3 Qtrs
Net unrealized loss (gain) from marketable securities	`MarketableSecuritiesGainLoss`	$508.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$275.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.84M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.22M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.25M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-3.49M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$4.42M	USD	3 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.46M	USD	3 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.63M	USD	3 Qtrs
Disbursement prefunding, prepaid expenses, other current assets, and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$20.50M	USD	3 Qtrs
Disbursement prefunding, prepaid expenses, other current assets, and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.96M	USD	3 Qtrs
Trade accounts payable, accrued expenses, other current liabilities, and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.15M	USD	3 Qtrs
Trade accounts payable, accrued expenses, other current liabilities, and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.57M	USD	3 Qtrs
Customer deposits at IDT Financial Services Limited (Gibraltar-based bank)	`IncreaseDecreaseInOtherCurrentLiabilities`	$-11.08M	USD	3 Qtrs
Customer deposits at IDT Financial Services Limited (Gibraltar-based bank)	`IncreaseDecreaseInOtherCurrentLiabilities`	$-9.84M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-948.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$2.61M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$13.26M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$38.14M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.79M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.46M	USD	3 Qtrs
Purchase of convertible preferred stock in equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$1.05M	USD	3 Qtrs
Purchase of convertible preferred stock in equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$4.00M	USD	3 Qtrs
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.66M	USD	3 Qtrs
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.55M	USD	3 Qtrs
Purchase of Rafael Holdings, Inc. Class B common stock and warrant	`PaymentsToAcquireRelatedPartyCommonStockAndWarrant`	$5.00M	USD	3 Qtrs
Purchase of Rafael Holdings, Inc. Class B common stock and warrant	`PaymentsToAcquireRelatedPartyCommonStockAndWarrant`	-	USD	3 Qtrs
Exercise of warrant to purchase shares of Rafael Holdings, Inc. Class B common stock	`PaymentsToExerciseWarrantToAcquireRelatedPartyCommonStock`	-	USD	3 Qtrs
Exercise of warrant to purchase shares of Rafael Holdings, Inc. Class B common stock	`PaymentsToExerciseWarrantToAcquireRelatedPartyCommonStock`	$1.00M	USD	3 Qtrs
Purchases of debt securities and equity investments	`PaymentsToAcquireMarketableSecurities`	$39.35M	USD	3 Qtrs
Purchases of debt securities and equity investments	`PaymentsToAcquireMarketableSecurities`	$11.28M	USD	3 Qtrs
Proceeds from maturities and sales of debt securities and redemptions of equity investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$7.75M	USD	3 Qtrs
Proceeds from maturities and sales of debt securities and redemptions of equity investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$18.67M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-46.79M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.92M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsOfCapitalDistribution`	$359.00K	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsOfCapitalDistribution`	$646.00K	USD	3 Qtrs
Proceeds from other liabilities	`ProceedsFromOtherDebt`	-	USD	3 Qtrs
Proceeds from other liabilities	`ProceedsFromOtherDebt`	$2.30M	USD	3 Qtrs
Repayment of other liabilities.	`RepaymentsOfOtherDebt`	$69.00K	USD	3 Qtrs
Repayment of other liabilities.	`RepaymentsOfOtherDebt`	$1.32M	USD	3 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$2.57M	USD	3 Qtrs
Repayment of borrowings under revolving credit facility.	`RepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Repayment of borrowings under revolving credit facility.	`RepaymentsOfLinesOfCredit`	$2.57M	USD	3 Qtrs
Proceeds from sale of redeemable equity in subsidiary	`ProceedsFromSaleOfInterestInCorporateUnit`	-	USD	3 Qtrs
Proceeds from sale of redeemable equity in subsidiary	`ProceedsFromSaleOfInterestInCorporateUnit`	$10.00M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$686.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$137.00K	USD	3 Qtrs
Repurchases of Class B common stock	`PaymentsForRepurchaseOfCommonStock`	$4.19M	USD	3 Qtrs
Repurchases of Class B common stock	`PaymentsForRepurchaseOfCommonStock`	$12.83M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.22M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.07M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-14.09M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.65M	USD	3 Qtrs
Net decrease in cash, cash equivalents, and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-28.82M	USD	3 Qtrs
Net decrease in cash, cash equivalents, and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-6.21M	USD	3 Qtrs
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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$198.10M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$226.92M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$195.01M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$201.22M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$198.10M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$226.92M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$195.01M	USD	Point-in-time
Liabilities incurred for acquisitions	`NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1`	$7.85M	USD	3 Qtrs
Liabilities incurred for acquisitions	`NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1`	$393.00K	USD	3 Qtrs
Shares of the Companys Class B common stock issued for acquisition	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$1.00M	USD	3 Qtrs
Shares of the Companys Class B common stock issued for acquisition	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	-	USD	3 Qtrs
Cashless exercise of stock options in exchange for shares of the Companys Class B common stock	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	$14.93M	USD	3 Qtrs
Cashless exercise of stock options in exchange for shares of the Companys Class B common stock	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	-	USD	3 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.61M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.14M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$162.98M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.16M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$127.16M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$90.42M	USD	Point-in-time
Exercise of stock options by Howard S. Jonas	`StockIssuedToRelatedPartyDuringPeriodValueStockOptionsExercised`	$-3.86M	USD	3 Qtrs
Exercise of stock options by Howard S. Jonas	`StockIssuedToRelatedPartyDuringPeriodValueStockOptionsExercised`	$-3.86M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$137.00K	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$137.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$686.00K	USD	3 Qtrs
Restricted Class B common stock purchased from employees	`TreasuryStockValueRestrictedCommonStockPurchasedFromEmployees`	$-1.34M	USD	3 Qtrs
Restricted Class B common stock purchased from employees	`TreasuryStockValueRestrictedCommonStockPurchasedFromEmployees`	$-8.97M	USD	3 Qtrs
Repurchases of Class B common stock through repurchase program	`TreasuryStockValueRepurchasesOfCommonStockThroughRepurchaseProgram`	$2.85M	USD	3 Qtrs
Grant of restricted equity in subsidiary	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	3 Qtrs
Business acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$1.00M	USD	3 Qtrs
Business acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$1.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.25M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.84M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$275.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.22M	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$228.00K	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$646.00K	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$161.00K	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$359.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-253.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-980.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.16M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$567.00K	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$10.92M	USD	3 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$58.02M	USD	3 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$36.40M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$5.07M	USD	1 Quarter
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.61M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.14M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$162.98M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.16M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$127.16M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$90.42M	USD	Point-in-time
Business acquisition	`NoncontrollingInterestIncreaseFromBusinessCombination`	$1.92M	USD	3 Qtrs
Business acquisition	`NoncontrollingInterestIncreaseFromBusinessCombination`	$-268.00K	USD	1 Quarter

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$58.02M	USD	3 Qtrs
Net income	`ProfitLoss`	$11.02M	USD	3 Qtrs
Net income	`ProfitLoss`	$5.11M	USD	1 Quarter
Net income	`ProfitLoss`	$36.40M	USD	1 Quarter
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-547.00K	USD	3 Qtrs
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-224.00K	USD	1 Quarter
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-163.00K	USD	3 Qtrs
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-180.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-611.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-29.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-817.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$747.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-253.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-980.00K	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-1.16M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$567.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$36.97M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$9.86M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$57.04M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.85M	USD	1 Quarter
Comprehensive (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$335.00K	USD	1 Quarter
Comprehensive (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$274.00K	USD	3 Qtrs
Comprehensive (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$50.00K	USD	1 Quarter
Comprehensive (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.23M	USD	3 Qtrs
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$36.91M	USD	1 Quarter
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$8.63M	USD	3 Qtrs
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$56.76M	USD	3 Qtrs
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$4.52M	USD	1 Quarter

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