10-Q Filing

IDT CORP CIK: 1005731 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001493152-23-020689`
Period End Date	20230430
Filing Date	20230609
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 80 Cash Flow Statement 84 Stockholders Equity 41 Comprehensive Income 28

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.88M	USD	Point-in-time
Allowance for doubtful accounts receivable current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.13M	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`	$98.35M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$90.72M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$91.21M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$94.32M	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`	$41.99M	USD	Point-in-time
Debt securities	`DebtSecuritiesCurrent`	$22.30M	USD	Point-in-time
Equity investments	`EquitySecuritiesFvNi`	$5.78M	USD	Point-in-time
Equity investments	`EquitySecuritiesFvNi`	$17.09M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts of $6,133 at April 30, 2023 and $5,882 at July 31, 2022	`ReceivablesNetCurrent`	$65.94M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts of $6,133 at April 30, 2023 and $5,882 at July 31, 2022	`ReceivablesNetCurrent`	$64.31M	USD	Point-in-time
Disbursement prefunding	`DisbursementPrefunding`	$40.43M	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`	$15.57M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$35.21M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$30.77M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$362.63M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$389.96M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$39.08M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$36.87M	USD	Point-in-time
Goodwill	`Goodwill`	$26.38M	USD	Point-in-time
Goodwill	`Goodwill`	$26.60M	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$8.48M	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$9.61M	USD	Point-in-time
Equity investments	`LongTermInvestments`	$10.26M	USD	Point-in-time
Equity investments	`LongTermInvestments`	$7.43M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$6.14M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$7.21M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$36.70M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$27.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.28M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.20M	USD	Point-in-time
Total assets	`Assets`	$518.23M	USD	Point-in-time
Total assets	`Assets`	$497.09M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$29.08M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$29.71M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$109.18M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$117.11M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$36.53M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$33.91M	USD	Point-in-time
Customer deposits	`DepositLiabilityCurrent`	$86.11M	USD	Point-in-time
Customer deposits	`DepositLiabilityCurrent`	$85.76M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$36.59M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$42.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$305.07M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$301.68M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$3.57M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$4.61M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.53M	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`	$308.77M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$10.45M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$10.19M	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`	$300.33M	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 3,906 and 3,613 shares of Class B common stock at April 30, 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 3,906 and 3,613 shares of Class B common stock at April 30, 2023 and July 31, 2022, respectively	`TreasuryStockValue`	$109.41M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.47M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.30M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-15.83M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$16.68M	USD	Point-in-time
Total IDT Corporation stockholders equity	`StockholdersEquity`	$167.62M	USD	Point-in-time
Total IDT Corporation stockholders equity	`StockholdersEquity`	$193.44M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$5.56M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$3.02M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.61M	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`	$199.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$162.98M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.16M	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`	$518.23M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Share based compensation	`ShareBasedCompensation`	$1.68M	USD	1 Quarter
Revenues	`Revenues`	$328.35M	USD	1 Quarter
Share based compensation	`ShareBasedCompensation`	$3.54M	USD	3 Qtrs
Share based compensation	`ShareBasedCompensation`	$1.25M	USD	1 Quarter
Revenues	`Revenues`	$299.30M	USD	1 Quarter
Share based compensation	`ShareBasedCompensation`	$1.84M	USD	3 Qtrs
Revenues	`Revenues`	$1.04B	USD	3 Qtrs
Revenues	`Revenues`	$935.05M	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`	$664.28M	USD	3 Qtrs
Direct cost of revenues (exclusive of depreciation and amortization)	`OperatingCostsAndExpenses`	$247.56M	USD	1 Quarter
Direct cost of revenues (exclusive of depreciation and amortization)	`OperatingCostsAndExpenses`	$210.25M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$183.95M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$68.57M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$62.77M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$202.59M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$13.33M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$14.99M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.18M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.51M	USD	1 Quarter
Severance	`SeveranceCosts1`	-	USD	1 Quarter
Severance	`SeveranceCosts1`	$458.00K	USD	3 Qtrs
Severance	`SeveranceCosts1`	$145.00K	USD	1 Quarter
Severance	`SeveranceCosts1`	$67.00K	USD	3 Qtrs
Total costs and expenses	`OperatingExpenses`	$284.15M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$882.32M	USD	3 Qtrs
Total costs and expenses	`OperatingExpenses`	$314.85M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$993.86M	USD	3 Qtrs
Other operating expense, net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$-709.00K	USD	3 Qtrs
Other operating expense, net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$-3.95M	USD	3 Qtrs
Other operating expense, net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$-179.00K	USD	1 Quarter
Other operating expense, net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$-4.76M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$10.38M	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`	$48.78M	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$2.03M	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$217.00K	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$709.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$85.00K	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-5.07M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-382.00K	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-2.61M	USD	3 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-24.23M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$16.90M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$48.20M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.70M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.35M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.24M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.89M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.96M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$12.59M	USD	3 Qtrs
Net income	`ProfitLoss`	$5.11M	USD	1 Quarter
Net income	`ProfitLoss`	$35.61M	USD	3 Qtrs
Net income	`ProfitLoss`	$11.02M	USD	3 Qtrs
Net income	`ProfitLoss`	$7.74M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$854.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.23M	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.09M	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$335.00K	USD	1 Quarter
Net income attributable to IDT Corporation	`NetIncomeLoss`	$6.89M	USD	1 Quarter
Net income attributable to IDT Corporation	`NetIncomeLoss`	$9.79M	USD	3 Qtrs
Net income attributable to IDT Corporation	`NetIncomeLoss`	$32.52M	USD	3 Qtrs
Net income attributable to IDT Corporation	`NetIncomeLoss`	$4.77M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.38	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.18	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.27	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.18	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.27	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.37	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.90M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.52M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.71M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.54M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.20M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.61M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.59M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.45M	shares	3 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$5.11M	USD	1 Quarter
Net income	`ProfitLoss`	$35.61M	USD	3 Qtrs
Net income	`ProfitLoss`	$11.02M	USD	3 Qtrs
Net income	`ProfitLoss`	$7.74M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$13.33M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$14.99M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.18M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.51M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$9.20M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$4.62M	USD	3 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$1.18M	USD	3 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$1.58M	USD	3 Qtrs
Net unrealized loss from marketable securities	`MarketableSecuritiesGainLoss`	$-3.15M	USD	3 Qtrs
Net unrealized loss from marketable securities	`MarketableSecuritiesGainLoss`	$-19.70M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.68M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$3.54M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.25M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.84M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-3.49M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.11M	USD	3 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.08M	USD	3 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.46M	USD	3 Qtrs
Disbursement prefunding, prepaid expenses, other current assets, and other assets	`DisbursementPrefundingPrepaidExpensesOtherCurrentAssetsAndOtherAssets`	$27.04M	USD	3 Qtrs
Disbursement prefunding, prepaid expenses, other current assets, and other assets	`DisbursementPrefundingPrepaidExpensesOtherCurrentAssetsAndOtherAssets`	$20.50M	USD	3 Qtrs
Trade accounts payable, accrued expenses, other current liabilities, and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.57M	USD	3 Qtrs
Trade accounts payable, accrued expenses, other current liabilities, and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.22M	USD	3 Qtrs
Customer deposits at IDT Financial Services Limited (Gibraltar-based bank)	`IncreaseDecreaseInOtherCurrentLiabilities`	$-9.84M	USD	3 Qtrs
Customer deposits at IDT Financial Services Limited (Gibraltar-based bank)	`IncreaseDecreaseInOtherCurrentLiabilities`	$-2.57M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-948.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-3.16M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$28.70M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$13.26M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.03M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.79M	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`	$168.00K	USD	3 Qtrs
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.55M	USD	3 Qtrs
Purchases of debt securities and equity investments	`PaymentsToAcquireMarketableSecurities`	$44.17M	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`	$34.31M	USD	3 Qtrs
Proceeds from maturities and sales of debt securities and redemptions of equity investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$7.75M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-26.06M	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`	$293.00K	USD	3 Qtrs
Proceeds from other liabilities	`ProceedsFromOtherDebt`	$300.00K	USD	3 Qtrs
Proceeds from other liabilities	`ProceedsFromOtherDebt`	$2.30M	USD	3 Qtrs
Repayment of other liabilities.	`RepaymentsOfOtherDebt`	$1.32M	USD	3 Qtrs
Repayment of other liabilities.	`RepaymentsOfOtherDebt`	$2.03M	USD	3 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$2.38M	USD	3 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$2.57M	USD	3 Qtrs
Repayment of borrowings under revolving credit facility.	`RepaymentsOfLinesOfCredit`	$2.38M	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`	$10.00M	USD	3 Qtrs
Proceeds from sale of redeemable equity in subsidiary	`ProceedsFromSaleOfInterestInCorporateUnit`	-	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$137.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$172.00K	USD	3 Qtrs
Repurchases of Class B common stock	`PaymentsForRepurchaseOfCommonStock`	$12.83M	USD	3 Qtrs
Repurchases of Class B common stock	`PaymentsForRepurchaseOfCommonStock`	$7.84M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.07M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.70M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.54M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-14.09M	USD	3 Qtrs
Net decrease in cash, cash equivalents, and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.52M	USD	3 Qtrs
Net decrease in cash, cash equivalents, and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-28.82M	USD	3 Qtrs
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`	$198.10M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$185.04M	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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.56M	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`	$185.04M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$226.92M	USD	Point-in-time
Conversion of equity method investments secured promissory notes into convertible preferred stock	`ConversionOfEquityMethodInvestmentsSecuredPromissoryNotesIntoConvertiblePreferredStock`	-	USD	3 Qtrs
Conversion of equity method investments secured promissory notes into convertible preferred stock	`ConversionOfEquityMethodInvestmentsSecuredPromissoryNotesIntoConvertiblePreferredStock`	$4.04M	USD	3 Qtrs
Stock issued to certain executive officers for bonus payments	`StockIssued1`	$615.00K	USD	3 Qtrs
Stock issued to certain executive officers for bonus payments	`StockIssued1`	-	USD	3 Qtrs
Liabilities incurred for acquisitions	`NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1`	-	USD	3 Qtrs
Liabilities incurred for acquisitions	`NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1`	$7.85M	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`	-	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

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Beginning balance value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.61M	USD	Point-in-time
Beginning balance value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.01M	USD	Point-in-time
Beginning balance value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$170.64M	USD	Point-in-time
Beginning balance value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$199.00M	USD	Point-in-time
Beginning balance value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$162.98M	USD	Point-in-time
Beginning balance value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.16M	USD	Point-in-time
Repurchases of Class B common stock through repurchase program	`TreasuryStockValueRepurchasesOfCommonStockThroughRepurchaseProgram`	$-2.50M	USD	1 Quarter
Repurchases of Class B common stock through repurchase program	`TreasuryStockValueRepurchasesOfCommonStockThroughRepurchaseProgram`	$-7.51M	USD	3 Qtrs
Restricted Class B common stock purchased from employees	`TreasuryStockValueRestrictedCommonStockPurchasedFromEmployees`	$-339.00K	USD	3 Qtrs
Restricted Class B common stock purchased from employees	`TreasuryStockValueRestrictedCommonStockPurchasedFromEmployees`	$-4.00K	USD	1 Quarter
Restricted Class B common stock purchased from employees	`TreasuryStockValueRestrictedCommonStockPurchasedFromEmployees`	$-8.97M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.25M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.54M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.84M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.68M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$293.00K	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$161.00K	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$106.00K	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$359.00K	USD	3 Qtrs
Stock issued to certain executive officers for bonus payments	`AdjustmentsToAdditionalPaidInCapitalOther`	$615.00K	USD	3 Qtrs
Exercise of stock options by Howard S. Jonas	`StockIssuedToRelatedPartyDuringPeriodValueStockOptionsExercised`	$-3.86M	USD	1 Quarter
Exercise of stock options by Howard S. Jonas	`StockIssuedToRelatedPartyDuringPeriodValueStockOptionsExercised`	$-3.86M	USD	3 Qtrs
Business acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$1.00M	USD	3 Qtrs
Business acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$1.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-253.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.16M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-764.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-3.17M	USD	3 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$5.07M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$7.68M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$10.92M	USD	3 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$35.35M	USD	3 Qtrs
Ending balance value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.61M	USD	Point-in-time
Ending balance value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.01M	USD	Point-in-time
Ending balance value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$170.64M	USD	Point-in-time
Ending balance value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$199.00M	USD	Point-in-time
Ending balance value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$162.98M	USD	Point-in-time
Ending balance value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.16M	USD	Point-in-time
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$172.00K	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$137.00K	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$137.00K	USD	1 Quarter

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$5.11M	USD	1 Quarter
Net income	`ProfitLoss`	$35.61M	USD	3 Qtrs
Net income	`ProfitLoss`	$11.02M	USD	3 Qtrs
Net income	`ProfitLoss`	$7.74M	USD	1 Quarter
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`	$115.00K	USD	1 Quarter
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$81.00K	USD	3 Qtrs
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-547.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-3.25M	USD	3 Qtrs
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`	$-879.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-253.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.16M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-764.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-3.17M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$9.86M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.98M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.85M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$32.44M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$335.00K	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.23M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.09M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$854.00K	USD	1 Quarter
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$29.34M	USD	3 Qtrs
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$4.52M	USD	1 Quarter
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$8.63M	USD	3 Qtrs
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$6.13M	USD	1 Quarter

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