10-Q Filing

IDT CORP CIK: 1005731 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001493152-23-007467`
Period End Date	20230131
Filing Date	20230313
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 80 Cash Flow Statement 76 Stockholders Equity 35 Comprehensive Income 28

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable, Allowance for Credit Loss, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.25M	USD	Point-in-time
Accounts Receivable, Allowance for Credit Loss, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.88M	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`	$117.81M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$98.35M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$89.87M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$91.21M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Debt securities	`DebtSecuritiesCurrent`	$22.30M	USD	Point-in-time
Debt securities	`DebtSecuritiesCurrent`	$29.78M	USD	Point-in-time
Equity investments	`EquitySecuritiesFvNi`	$17.09M	USD	Point-in-time
Equity investments	`EquitySecuritiesFvNi`	$9.21M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts of $6,255 at January 31, 2023 and $5,882 at July 31, 2022	`ReceivablesNetCurrent`	$64.31M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts of $6,255 at January 31, 2023 and $5,882 at July 31, 2022	`ReceivablesNetCurrent`	$47.60M	USD	Point-in-time
Disbursement prefunding	`DisbursementPrefunding`	$28.10M	USD	Point-in-time
Disbursement prefunding	`DisbursementPrefunding`	$21.06M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$17.53M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$14.61M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$30.77M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$36.56M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$362.63M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$373.54M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$38.30M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$36.87M	USD	Point-in-time
Goodwill	`Goodwill`	$26.55M	USD	Point-in-time
Goodwill	`Goodwill`	$26.38M	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$9.61M	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$8.98M	USD	Point-in-time
Equity investments	`LongTermInvestments`	$6.69M	USD	Point-in-time
Equity investments	`LongTermInvestments`	$7.43M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$7.21M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$6.89M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$36.70M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$28.91M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.28M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.64M	USD	Point-in-time
Total assets	`Assets`	$497.09M	USD	Point-in-time
Total assets	`Assets`	$500.51M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$29.08M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$23.23M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$110.58M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$117.11M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$35.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$36.53M	USD	Point-in-time
Customer deposits	`DepositLiabilityCurrent`	$86.90M	USD	Point-in-time
Customer deposits	`DepositLiabilityCurrent`	$85.76M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$32.22M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$36.59M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$287.92M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$305.07M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$4.61M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$4.24M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$4.94M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$6.59M	USD	Point-in-time
Total liabilities	`Liabilities`	$316.27M	USD	Point-in-time
Total liabilities	`Liabilities`	$297.11M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$10.19M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$10.39M	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`	$298.65M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$296.00M	USD	Point-in-time
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 3,830 and 3,613 shares of Class B common stock at January 31, 2023 and July 31, 2022, respectively	`TreasuryStockValue`	$101.56M	USD	Point-in-time
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 3,830 and 3,613 shares of Class B common stock at January 31, 2023 and July 31, 2022, respectively	`TreasuryStockValue`	$106.91M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.71M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$9.79M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-15.83M	USD	Point-in-time
Total IDT Corporation stockholders equity	`StockholdersEquity`	$167.62M	USD	Point-in-time
Total IDT Corporation stockholders equity	`StockholdersEquity`	$188.14M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$3.02M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$4.88M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.01M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$170.64M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.61M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$178.44M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$165.30M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$162.98M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest, and equity	`LiabilitiesAndStockholdersEquity`	$497.09M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest, and equity	`LiabilitiesAndStockholdersEquity`	$500.51M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$337.06M	USD	1 Quarter
Revenues	`Revenues`	$635.75M	USD	2 Qtrs
Revenues	`Revenues`	$313.94M	USD	1 Quarter
Share based compensation	`ShareBasedCompensation`	$310.00K	USD	1 Quarter
Share based compensation	`ShareBasedCompensation`	$595.00K	USD	2 Qtrs
Share based compensation	`ShareBasedCompensation`	$1.86M	USD	2 Qtrs
Share based compensation	`ShareBasedCompensation`	$1.29M	USD	1 Quarter
Revenues	`Revenues`	$707.14M	USD	2 Qtrs
Direct cost of revenues (exclusive of depreciation and amortization)	`OperatingCostsAndExpenses`	$257.32M	USD	1 Quarter
Direct cost of revenues (exclusive of depreciation and amortization)	`OperatingCostsAndExpenses`	$222.39M	USD	1 Quarter
Direct cost of revenues (exclusive of depreciation and amortization)	`OperatingCostsAndExpenses`	$454.03M	USD	2 Qtrs
Direct cost of revenues (exclusive of depreciation and amortization)	`OperatingCostsAndExpenses`	$548.95M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$68.15M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$61.07M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$134.02M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$121.18M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$8.82M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.01M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$9.80M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.38M	USD	1 Quarter
Severance	`SeveranceCosts1`	$213.00K	USD	1 Quarter
Severance	`SeveranceCosts1`	$67.00K	USD	2 Qtrs
Severance	`SeveranceCosts1`	$312.00K	USD	2 Qtrs
Severance	`SeveranceCosts1`	$29.00K	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$598.16M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$679.02M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$295.77M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$322.80M	USD	1 Quarter
Other operating gain (expense), net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$816.00K	USD	2 Qtrs
Other operating gain (expense), net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$17.00K	USD	1 Quarter
Other operating gain (expense), net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$-442.00K	USD	1 Quarter
Other operating gain (expense), net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$-530.00K	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$27.59M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$13.81M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$38.41M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$18.18M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$1.32M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$119.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$132.00K	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$810.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-2.23M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-19.16M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$1.61M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-2.95M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$37.50M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.98M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.56M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.60M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.29M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.65M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.63M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.73M	USD	1 Quarter
Net income	`ProfitLoss`	$15.31M	USD	1 Quarter
Net income	`ProfitLoss`	$5.91M	USD	2 Qtrs
Net income	`ProfitLoss`	$8.25M	USD	1 Quarter
Net income	`ProfitLoss`	$27.86M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$763.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$686.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.24M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$896.00K	USD	2 Qtrs
Net income attributable to IDT Corporation	`NetIncomeLoss`	$7.49M	USD	1 Quarter
Net income attributable to IDT Corporation	`NetIncomeLoss`	$25.62M	USD	2 Qtrs
Net income attributable to IDT Corporation	`NetIncomeLoss`	$14.62M	USD	1 Quarter
Net income attributable to IDT Corporation	`NetIncomeLoss`	$5.01M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.20	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.00	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.57	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.28	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.19	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.00	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.65M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.51M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.61M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.56M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.54M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.54M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.58M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.58M	shares	2 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$15.31M	USD	1 Quarter
Net income	`ProfitLoss`	$5.91M	USD	2 Qtrs
Net income	`ProfitLoss`	$8.25M	USD	1 Quarter
Net income	`ProfitLoss`	$27.86M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$8.82M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.01M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$9.80M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.38M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$7.79M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.68M	USD	2 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$915.00K	USD	2 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$1.29M	USD	2 Qtrs
Net unrealized loss from marketable securities	`MarketableSecuritiesGainLoss`	$-16.24M	USD	2 Qtrs
Net unrealized loss from marketable securities	`MarketableSecuritiesGainLoss`	$-2.35M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$310.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$595.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.86M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.29M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-1.36M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.85M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-16.30M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.04M	USD	2 Qtrs
Disbursement prefunding, prepaid expenses, other current assets, and other assets	`DisbursementPrefundingPrepaidExpensesOtherCurrentAssetsAndOtherAssets`	$8.55M	USD	2 Qtrs
Disbursement prefunding, prepaid expenses, other current assets, and other assets	`DisbursementPrefundingPrepaidExpensesOtherCurrentAssetsAndOtherAssets`	$11.49M	USD	2 Qtrs
Trade accounts payable, accrued expenses, other current liabilities, and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-19.34M	USD	2 Qtrs
Trade accounts payable, accrued expenses, other current liabilities, and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.31M	USD	2 Qtrs
Customer deposits at IDT Financial Services Limited (Gibraltar-based bank)	`IncreaseDecreaseInOtherCurrentLiabilities`	$15.00K	USD	2 Qtrs
Customer deposits at IDT Financial Services Limited (Gibraltar-based bank)	`IncreaseDecreaseInOtherCurrentLiabilities`	$-1.86M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.79M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-960.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$11.66M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$35.62M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.99M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.58M	USD	2 Qtrs
Purchase of convertible preferred stock in equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$1.05M	USD	2 Qtrs
Purchase of convertible preferred stock in equity method investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	2 Qtrs
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$100.00K	USD	2 Qtrs
Purchases of debt securities and equity investments	`PaymentsToAcquireMarketableSecurities`	$28.13M	USD	2 Qtrs
Purchases of debt securities and equity investments	`PaymentsToAcquireMarketableSecurities`	$10.82M	USD	2 Qtrs
Proceeds from maturities and sales of debt securities and redemptions of equity investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$6.07M	USD	2 Qtrs
Proceeds from maturities and sales of debt securities and redemptions of equity investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$27.53M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.18M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.90M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfCapitalDistribution`	$198.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfCapitalDistribution`	$187.00K	USD	2 Qtrs
Proceeds from other liabilities	`ProceedsFromOtherDebt`	$300.00K	USD	2 Qtrs
Proceeds from other liabilities	`ProceedsFromOtherDebt`	$2.30M	USD	2 Qtrs
Repayment of other liabilities.	`RepaymentsOfOtherDebt`	$1.29M	USD	2 Qtrs
Repayment of other liabilities.	`RepaymentsOfOtherDebt`	$2.01M	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$2.49M	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$2.38M	USD	2 Qtrs
Repayment of borrowings under revolving credit facility.	`RepaymentsOfLinesOfCredit`	$2.38M	USD	2 Qtrs
Repayment of borrowings under revolving credit facility.	`RepaymentsOfLinesOfCredit`	$2.49M	USD	2 Qtrs
Proceeds from sale of redeemable equity in subsidiary	`ProceedsFromSaleOfInterestInCorporateUnit`	-	USD	2 Qtrs
Proceeds from sale of redeemable equity in subsidiary	`ProceedsFromSaleOfInterestInCorporateUnit`	$10.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$172.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Repurchases of Class B common stock	`PaymentsForRepurchaseOfCommonStock`	$5.34M	USD	2 Qtrs
Repurchases of Class B common stock	`PaymentsForRepurchaseOfCommonStock`	$8.97M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.07M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.84M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.97M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$746.00K	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$18.12M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-6.36M	USD	2 Qtrs
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`	$220.55M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.56M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$207.68M	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`	$220.55M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.56M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$207.68M	USD	Point-in-time
Stock issued to certain executive officers for bonus payments	`StockIssued1`	$615.00K	USD	2 Qtrs
Stock issued to certain executive officers for bonus payments	`StockIssued1`	-	USD	2 Qtrs

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.01M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$170.64M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.61M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$178.44M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$165.30M	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$162.98M	USD	Point-in-time
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$172.00K	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$172.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$310.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$595.00K	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.86M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.29M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$15.00K	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$198.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$88.00K	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$187.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.86M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-905.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.04M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.41M	USD	2 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$8.20M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$15.24M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$27.67M	USD	2 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$5.85M	USD	2 Qtrs
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.01M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$170.64M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.61M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$178.44M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$165.30M	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$162.98M	USD	Point-in-time
Repurchases of Class B common stock through repurchase program	`TreasuryStockValueRepurchasesOfCommonStockThroughRepurchaseProgram`	$-5.01M	USD	2 Qtrs
Restricted Class B common stock purchased from employees	`TreasuryStockValueRestrictedCommonStockPurchasedFromEmployees`	$-335.00K	USD	2 Qtrs
Restricted Class B common stock purchased from employees	`TreasuryStockValueRestrictedCommonStockPurchasedFromEmployees`	$-8.97M	USD	2 Qtrs
Restricted Class B common stock purchased from employees	`TreasuryStockValueRestrictedCommonStockPurchasedFromEmployees`	$-8.95M	USD	1 Quarter
Stock issued to certain executive officers for bonus payments	`AdjustmentsToAdditionalPaidInCapitalOther`	$615.00K	USD	2 Qtrs

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$15.31M	USD	1 Quarter
Net income	`ProfitLoss`	$5.91M	USD	2 Qtrs
Net income	`ProfitLoss`	$8.25M	USD	1 Quarter
Net income	`ProfitLoss`	$27.86M	USD	2 Qtrs
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-34.00K	USD	2 Qtrs
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-323.00K	USD	2 Qtrs
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$188.00K	USD	1 Quarter
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-212.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.37M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.23M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-582.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.65M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.86M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-905.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.04M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.41M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.01M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.39M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$13.27M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$25.46M	USD	2 Qtrs
Comprehensive (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.24M	USD	2 Qtrs
Comprehensive (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$686.00K	USD	1 Quarter
Comprehensive (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$896.00K	USD	2 Qtrs
Comprehensive (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$763.00K	USD	1 Quarter
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$12.58M	USD	1 Quarter
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$4.11M	USD	2 Qtrs
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$5.62M	USD	1 Quarter
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$23.22M	USD	2 Qtrs

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