10-Q Filing

IDT CORP CIK: 1005731 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001493152-23-044374`
Period End Date	20231031
Filing Date	20231211
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 40 Cash Flow Statement 66 Stockholders Equity 23 Comprehensive Income 14

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.91M	USD	Point-in-time
Allowance for doubtful accounts receivable current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.64M	USD	Point-in-time
Settlement assets, net of reserve	`SettlementAssetsReserve`	$1.47M	USD	Point-in-time
Settlement assets, net of reserve	`SettlementAssetsReserve`	$1.14M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$103.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$121.67M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$86.78M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$95.19M	USD	Point-in-time
Debt securities	`DebtSecuritiesCurrent`	$42.41M	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`	$33.24M	USD	Point-in-time
Equity investments	`EquitySecuritiesFvNi`	$4.76M	USD	Point-in-time
Equity investments	`EquitySecuritiesFvNi`	$6.20M	USD	Point-in-time
Trade accounts receivable, net of allowance for credit losses of $5,909 at October 31, 2023 and allowance for doubtful accounts of $5,642 at July 31, 2023	`ReceivablesNetCurrent`	$32.09M	USD	Point-in-time
Trade accounts receivable, net of allowance for credit losses of $5,909 at October 31, 2023 and allowance for doubtful accounts of $5,642 at July 31, 2023	`ReceivablesNetCurrent`	$35.33M	USD	Point-in-time
Settlement assets, net of reserve of $1,469 at October 31, 2023 and $1,143 at July 31, 2023	`SettlementAssetsCurrent`	$18.12M	USD	Point-in-time
Settlement assets, net of reserve of $1,469 at October 31, 2023 and $1,143 at July 31, 2023	`SettlementAssetsCurrent`	$32.40M	USD	Point-in-time
Disbursement prefunding	`DisbursementPrefunding`	$35.73M	USD	Point-in-time
Disbursement prefunding	`DisbursementPrefunding`	$30.11M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$16.64M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$19.50M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$27.03M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$28.39M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$382.18M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$387.07M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$38.66M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$38.80M	USD	Point-in-time
Goodwill	`Goodwill`	$26.31M	USD	Point-in-time
Goodwill	`Goodwill`	$26.46M	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$7.21M	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$8.20M	USD	Point-in-time
Equity investments	`LongTermInvestments`	$8.15M	USD	Point-in-time
Equity investments	`LongTermInvestments`	$9.87M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$5.54M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$4.91M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$20.54M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$24.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.92M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.94M	USD	Point-in-time
Total assets	`Assets`	$510.81M	USD	Point-in-time
Total assets	`Assets`	$499.05M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$22.23M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$24.47M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$100.11M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$110.80M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$35.34M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$34.04M	USD	Point-in-time
Customer deposits	`DepositLiabilityCurrent`	$86.48M	USD	Point-in-time
Customer deposits	`DepositLiabilityCurrent`	$79.54M	USD	Point-in-time
Settlement liabilities	`SettlementLiabilitiesCurrent`	$21.50M	USD	Point-in-time
Settlement liabilities	`SettlementLiabilitiesCurrent`	$19.27M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$18.51M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$17.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$275.93M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$294.11M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.35M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.88M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.35M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$300.34M	USD	Point-in-time
Total liabilities	`Liabilities`	$281.50M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$10.58M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$10.47M	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`	$302.35M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$301.41M	USD	Point-in-time
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 4,279 and 4,152 shares of Class B common stock at October 31, 2023 and July 31, 2023, respectively	`TreasuryStockValue`	$115.46M	USD	Point-in-time
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 4,279 and 4,152 shares of Class B common stock at October 31, 2023 and July 31, 2023, respectively	`TreasuryStockValue`	$118.31M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.63M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.19M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$24.66M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$32.32M	USD	Point-in-time
Total IDT Corporation stockholders equity	`StockholdersEquity`	$193.73M	USD	Point-in-time
Total IDT Corporation stockholders equity	`StockholdersEquity`	$200.04M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.27M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.92M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$170.64M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$206.97M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$178.44M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$200.00M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest, and equity	`LiabilitiesAndStockholdersEquity`	$499.05M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest, and equity	`LiabilitiesAndStockholdersEquity`	$510.81M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$301.20M	USD	1 Quarter
Revenues	`Revenues`	$321.82M	USD	1 Quarter
Share based compensation	`ShareBasedCompensation`	$572.00K	USD	1 Quarter
Share based compensation	`ShareBasedCompensation`	$771.00K	USD	1 Quarter
Direct cost of revenues	`CostOfRevenue`	$206.78M	USD	1 Quarter
Direct cost of revenues	`CostOfRevenue`	$232.67M	USD	1 Quarter
Gross profit	`GrossProfit`	$94.43M	USD	1 Quarter
Gross profit	`GrossProfit`	$89.15M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$69.62M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$77.22M	USD	1 Quarter
Severance	`SeveranceCosts1`	$100.00K	USD	1 Quarter
Severance	`SeveranceCosts1`	$525.00K	USD	1 Quarter
Other operating gain, net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$800.00K	USD	1 Quarter
Other operating gain, net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$484.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$77.26M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$68.92M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$17.16M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$20.23M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$509.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$844.00K	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-5.59M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-3.84M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$12.42M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$16.89M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.95M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.34M	USD	1 Quarter
Net income	`ProfitLoss`	$12.55M	USD	1 Quarter
Net income	`ProfitLoss`	$8.48M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$817.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.55M	USD	1 Quarter
Net income attributable to IDT Corporation	`NetIncomeLoss`	$7.66M	USD	1 Quarter
Net income attributable to IDT Corporation	`NetIncomeLoss`	$11.00M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.43	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.30	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.18M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.60M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.28M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.62M	shares	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$12.55M	USD	1 Quarter
Net income	`ProfitLoss`	$8.48M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.05M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.79M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$3.67M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$3.56M	USD	1 Quarter
Provision for credit losses, doubtful accounts receivable, and reserve for settlement assets	`ProvisionForDoubtfulAccounts`	$759.00K	USD	1 Quarter
Provision for credit losses, doubtful accounts receivable, and reserve for settlement assets	`ProvisionForDoubtfulAccounts`	$430.00K	USD	1 Quarter
Net unrealized loss from marketable securities	`MarketableSecuritiesGainLoss`	$-1.53M	USD	1 Quarter
Net unrealized loss from marketable securities	`MarketableSecuritiesGainLoss`	$-1.85M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$572.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$771.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-756.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-897.00K	USD	1 Quarter
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.57M	USD	1 Quarter
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.44M	USD	1 Quarter
Settlement assets, disbursement prefunding, prepaid expenses, other current assets, and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-8.25M	USD	1 Quarter
Settlement assets, disbursement prefunding, prepaid expenses, other current assets, and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.38M	USD	1 Quarter
Trade accounts payable, accrued expenses, settlement liabilities, other current liabilities, and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.97M	USD	1 Quarter
Trade accounts payable, accrued expenses, settlement liabilities, other current liabilities, and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-7.06M	USD	1 Quarter
Customer deposits at IDT Financial Services Limited (Gibraltar-based bank)	`IncreaseDecreaseInOtherCurrentLiabilities`	$2.87M	USD	1 Quarter
Customer deposits at IDT Financial Services Limited (Gibraltar-based bank)	`IncreaseDecreaseInOtherCurrentLiabilities`	$-2.33M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-540.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-394.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$18.18M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$14.79M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.17M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.32M	USD	1 Quarter
Purchase of convertible preferred stock in equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$672.00K	USD	1 Quarter
Purchase of convertible preferred stock in equity method investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	1 Quarter
Purchases of debt securities and equity investments	`PaymentsToAcquireMarketableSecurities`	$2.06M	USD	1 Quarter
Purchases of debt securities and equity investments	`PaymentsToAcquireMarketableSecurities`	$7.75M	USD	1 Quarter
Proceeds from maturities and sales of debt securities and equity investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$17.07M	USD	1 Quarter
Proceeds from maturities and sales of debt securities and equity investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$11.47M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$4.32M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$4.24M	USD	1 Quarter
Distributions to noncontrolling interests	`PaymentsOfCapitalDistribution`	$55.00K	USD	1 Quarter
Distributions to noncontrolling interests	`PaymentsOfCapitalDistribution`	$99.00K	USD	1 Quarter
Proceeds from other liabilities	`ProceedsFromOtherDebt`	$300.00K	USD	1 Quarter
Proceeds from other liabilities	`ProceedsFromOtherDebt`	$100.00K	USD	1 Quarter
Repayment of other liabilities	`RepaymentsOfOtherDebt`	$1.92M	USD	1 Quarter
Repayment of other liabilities	`RepaymentsOfOtherDebt`	$15.00K	USD	1 Quarter
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$30.32M	USD	1 Quarter
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	-	USD	1 Quarter
Repayment of borrowings under revolving credit facility	`RepaymentsOfLinesOfCredit`	-	USD	1 Quarter
Repayment of borrowings under revolving credit facility	`RepaymentsOfLinesOfCredit`	$30.32M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$172.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	1 Quarter
Repurchases of Class B common stock	`PaymentsForRepurchaseOfCommonStock`	$5.34M	USD	1 Quarter
Repurchases of Class B common stock	`PaymentsForRepurchaseOfCommonStock`	$2.85M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.65M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.06M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-6.16M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-6.83M	USD	1 Quarter
Net increase in cash, cash equivalents, and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.21M	USD	1 Quarter
Net increase in cash, cash equivalents, and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.63M	USD	1 Quarter
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$198.82M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$208.45M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$198.78M	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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$198.82M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$208.45M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$198.78M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.56M	USD	Point-in-time
Stock issued to certain executive officers for bonus payments	`AdjustmentsToAdditionalPaidInCapitalOther`	-	USD	1 Quarter
Stock issued to certain executive officers for bonus payments	`AdjustmentsToAdditionalPaidInCapitalOther`	$615.00K	USD	1 Quarter

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$170.64M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$206.97M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$178.44M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$200.00M	USD	Point-in-time
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$172.00K	USD	1 Quarter
Repurchases of Class B common stock through repurchase program	`TreasuryStockValueRepurchasesOfCommonStockThroughRepurchaseProgram`	$-5.01M	USD	1 Quarter
Repurchases of Class B common stock through repurchase program	`TreasuryStockValueRepurchasesOfCommonStockThroughRepurchaseProgram`	$-2.84M	USD	1 Quarter
Restricted Class B common stock purchased from employees	`TreasuryStockValueRestrictedCommonStockPurchasedFromEmployees`	$-335.00K	USD	1 Quarter
Restricted Class B common stock purchased from employees	`TreasuryStockValueRestrictedCommonStockPurchasedFromEmployees`	$-15.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$771.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$572.00K	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$99.00K	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$55.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$565.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-367.00K	USD	1 Quarter
Stock issued to certain executive officers for bonus payments	`AdjustmentsToAdditionalPaidInCapitalOther`	-	USD	1 Quarter
Stock issued to certain executive officers for bonus payments	`AdjustmentsToAdditionalPaidInCapitalOther`	$615.00K	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$8.37M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$12.42M	USD	1 Quarter
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$170.64M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$206.97M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$178.44M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$200.00M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$12.55M	USD	1 Quarter
Net income	`ProfitLoss`	$8.48M	USD	1 Quarter
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-66.00K	USD	1 Quarter
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-222.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-145.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$631.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$565.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-367.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$9.04M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$12.19M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.55M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$817.00K	USD	1 Quarter
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$10.63M	USD	1 Quarter
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$8.22M	USD	1 Quarter

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