10-Q Filing

IDT CORP CIK: 1005731 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0001493152-24-009529`
Period End Date	20240131
Filing Date	20240311
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 80 Cash Flow Statement 77 Stockholders Equity 42 Comprehensive Income 28

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.64M	USD	Point-in-time
Allowance for doubtful accounts receivable current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.32M	USD	Point-in-time
Settlement assets, net of reserve	`SettlementAssetsReserve`	$1.51M	USD	Point-in-time
Settlement assets, net of reserve	`SettlementAssetsReserve`	$1.14M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$103.64M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$141.08M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$93.23M	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`	$95.19M	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`	$31.42M	USD	Point-in-time
Debt securities	`DebtSecuritiesCurrent`	$42.41M	USD	Point-in-time
Equity investments	`EquitySecuritiesFvNi`	$6.20M	USD	Point-in-time
Equity investments	`EquitySecuritiesFvNi`	$5.08M	USD	Point-in-time
Trade accounts receivable, net of allowance for credit losses of $6,315 at January 31, 2024 and allowance for doubtful accounts of $5,642 at July 31, 2023	`ReceivablesNetCurrent`	$37.39M	USD	Point-in-time
Trade accounts receivable, net of allowance for credit losses of $6,315 at January 31, 2024 and allowance for doubtful accounts of $5,642 at July 31, 2023	`ReceivablesNetCurrent`	$32.09M	USD	Point-in-time
Settlement assets, net of reserve of $1,514 at January 31, 2024 and $1,143 at July 31, 2023	`SettlementAssetsCurrent`	$17.20M	USD	Point-in-time
Settlement assets, net of reserve of $1,514 at January 31, 2024 and $1,143 at July 31, 2023	`SettlementAssetsCurrent`	$32.40M	USD	Point-in-time
Disbursement prefunding	`DisbursementPrefunding`	$30.11M	USD	Point-in-time
Disbursement prefunding	`DisbursementPrefunding`	$27.75M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$23.52M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$16.64M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$28.39M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$30.91M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$407.58M	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`	$38.71M	USD	Point-in-time
Goodwill	`Goodwill`	$26.32M	USD	Point-in-time
Goodwill	`Goodwill`	$26.46M	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$8.20M	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$7.03M	USD	Point-in-time
Equity investments	`LongTermInvestments`	$9.87M	USD	Point-in-time
Equity investments	`LongTermInvestments`	$7.56M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$5.08M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$5.54M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$24.10M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$18.31M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.92M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.20M	USD	Point-in-time
Total assets	`Assets`	$510.81M	USD	Point-in-time
Total assets	`Assets`	$521.78M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$21.51M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$22.23M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$110.80M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$107.18M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$33.80M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$35.34M	USD	Point-in-time
Customer deposits	`DepositLiabilityCurrent`	$87.55M	USD	Point-in-time
Customer deposits	`DepositLiabilityCurrent`	$86.48M	USD	Point-in-time
Settlement liabilities	`SettlementLiabilitiesCurrent`	$15.79M	USD	Point-in-time
Settlement liabilities	`SettlementLiabilitiesCurrent`	$21.50M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$19.19M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$17.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$294.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$285.03M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.88M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.45M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.35M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$300.34M	USD	Point-in-time
Total liabilities	`Liabilities`	$291.20M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$10.47M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$10.69M	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`	$300.63M	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 4,288 and 4,152 shares of Class B common stock at January 31, 2024 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 4,288 and 4,152 shares of Class B common stock at January 31, 2024 and July 31, 2023, respectively	`TreasuryStockValue`	$118.63M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.19M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.28M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$46.75M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$24.66M	USD	Point-in-time
Total IDT Corporation stockholders equity	`StockholdersEquity`	$211.78M	USD	Point-in-time
Total IDT Corporation stockholders equity	`StockholdersEquity`	$193.73M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$8.10M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.27M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$219.89M	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`	$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`	$510.81M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest, and equity	`LiabilitiesAndStockholdersEquity`	$521.78M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Share based compensation	`ShareBasedCompensation`	$1.86M	USD	2 Qtrs
Share based compensation	`ShareBasedCompensation`	$2.49M	USD	1 Quarter
Revenues	`Revenues`	$635.75M	USD	2 Qtrs
Revenues	`Revenues`	$313.94M	USD	1 Quarter
Revenues	`Revenues`	$296.10M	USD	1 Quarter
Share based compensation	`ShareBasedCompensation`	$3.26M	USD	2 Qtrs
Share based compensation	`ShareBasedCompensation`	$1.29M	USD	1 Quarter
Revenues	`Revenues`	$597.30M	USD	2 Qtrs
Direct cost of revenues	`CostOfRevenue`	$456.17M	USD	2 Qtrs
Direct cost of revenues	`CostOfRevenue`	$198.70M	USD	1 Quarter
Direct cost of revenues	`CostOfRevenue`	$405.48M	USD	2 Qtrs
Direct cost of revenues	`CostOfRevenue`	$223.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$90.44M	USD	1 Quarter
Gross profit	`GrossProfit`	$191.83M	USD	2 Qtrs
Gross profit	`GrossProfit`	$97.40M	USD	1 Quarter
Gross profit	`GrossProfit`	$179.58M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$141.68M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$72.06M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$157.97M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$80.74M	USD	1 Quarter
Severance	`SeveranceCosts1`	$869.00K	USD	2 Qtrs
Severance	`SeveranceCosts1`	$345.00K	USD	1 Quarter
Severance	`SeveranceCosts1`	$213.00K	USD	1 Quarter
Severance	`SeveranceCosts1`	$312.00K	USD	2 Qtrs
Other operating expense (gain), net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$-294.00K	USD	1 Quarter
Other operating expense (gain), net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$816.00K	USD	2 Qtrs
Other operating expense (gain), net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$190.00K	USD	2 Qtrs
Other operating expense (gain), net (see Note 10)	`OtherOperatingIncomeExpenseNet`	$17.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$158.64M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$141.18M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$72.26M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$81.38M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$38.41M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$16.02M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$18.18M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$33.18M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$810.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$2.04M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$1.32M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$1.20M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$2.53M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-3.05M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-2.23M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$1.61M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.75M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$32.17M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$37.50M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.60M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.94M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.63M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.99M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.29M	USD	1 Quarter
Net income	`ProfitLoss`	$15.31M	USD	1 Quarter
Net income	`ProfitLoss`	$15.75M	USD	1 Quarter
Net income	`ProfitLoss`	$27.86M	USD	2 Qtrs
Net income	`ProfitLoss`	$24.23M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$686.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.15M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.24M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.33M	USD	1 Quarter
Net income attributable to IDT Corporation	`NetIncomeLoss`	$14.62M	USD	1 Quarter
Net income attributable to IDT Corporation	`NetIncomeLoss`	$25.62M	USD	2 Qtrs
Net income attributable to IDT Corporation	`NetIncomeLoss`	$14.43M	USD	1 Quarter
Net income attributable to IDT Corporation	`NetIncomeLoss`	$22.08M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.00	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.88	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.87	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.57	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.00	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.57	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.56M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.51M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.18M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	25.18M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.58M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.32M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.54M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.30M	shares	2 Qtrs

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$15.31M	USD	1 Quarter
Net income	`ProfitLoss`	$15.75M	USD	1 Quarter
Net income	`ProfitLoss`	$27.86M	USD	2 Qtrs
Net income	`ProfitLoss`	$24.23M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$9.80M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$10.15M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$5.79M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$7.79M	USD	2 Qtrs
Provision for credit losses, doubtful accounts receivable, and reserve for settlement assets	`ProvisionForDoubtfulAccounts`	$1.70M	USD	2 Qtrs
Provision for credit losses, doubtful accounts receivable, and reserve for settlement assets	`ProvisionForDoubtfulAccounts`	$915.00K	USD	2 Qtrs
Net unrealized loss from marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-1.23M	USD	2 Qtrs
Net unrealized loss from marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-2.35M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.86M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.49M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$3.26M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.29M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-1.59M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.36M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.48M	USD	2 Qtrs
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.04M	USD	2 Qtrs
Settlement assets, disbursement prefunding, prepaid expenses, other current assets, and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-9.97M	USD	2 Qtrs
Settlement assets, disbursement prefunding, prepaid expenses, other current assets, and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.32M	USD	2 Qtrs
Trade accounts payable, accrued expenses, settlement liabilities, other current liabilities, and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-19.34M	USD	2 Qtrs
Trade accounts payable, accrued expenses, settlement liabilities, other current liabilities, and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-12.02M	USD	2 Qtrs
Customer deposits at IDT Financial Services Limited (Gibraltar-based bank)	`IncreaseDecreaseInOtherCurrentLiabilities`	$2.25M	USD	2 Qtrs
Customer deposits at IDT Financial Services Limited (Gibraltar-based bank)	`IncreaseDecreaseInOtherCurrentLiabilities`	$15.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.79M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.38M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$35.62M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$39.72M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.58M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.88M	USD	2 Qtrs
Purchase of convertible preferred stock in equity method investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	2 Qtrs
Purchase of convertible preferred stock in equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$1.01M	USD	2 Qtrs
Payments for acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$60.00K	USD	2 Qtrs
Payments for acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Purchases of debt securities and equity investments	`PaymentsToAcquireMarketableSecurities`	$19.36M	USD	2 Qtrs
Purchases of debt securities and equity investments	`PaymentsToAcquireMarketableSecurities`	$28.13M	USD	2 Qtrs
Proceeds from maturities and sales of debt securities and redemptions of equity investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$27.53M	USD	2 Qtrs
Proceeds from maturities and sales of debt securities and redemptions of equity investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$31.23M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.18M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.92M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfCapitalDistribution`	$187.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfCapitalDistribution`	$59.00K	USD	2 Qtrs
Proceeds from other liabilities	`ProceedsFromOtherDebt`	$300.00K	USD	2 Qtrs
Proceeds from other liabilities	`ProceedsFromOtherDebt`	$100.00K	USD	2 Qtrs
Repayment of other liabilities.	`RepaymentsOfOtherDebt`	$15.00K	USD	2 Qtrs
Repayment of other liabilities.	`RepaymentsOfOtherDebt`	$2.01M	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$30.59M	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$2.38M	USD	2 Qtrs
Repayment of borrowings under revolving credit facility.	`RepaymentsOfLinesOfCredit`	$30.59M	USD	2 Qtrs
Repayment of borrowings under revolving credit facility.	`RepaymentsOfLinesOfCredit`	$2.38M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$172.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$172.00K	USD	2 Qtrs
Repurchases of Class B common stock	`PaymentsForRepurchaseOfCommonStock`	$5.34M	USD	2 Qtrs
Repurchases of Class B common stock	`PaymentsForRepurchaseOfCommonStock`	$3.17M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.97M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.07M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.18M	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 in cash, cash equivalents, and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$35.49M	USD	2 Qtrs
Net increase in cash, cash equivalents, and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$18.12M	USD	2 Qtrs
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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.56M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$198.82M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$234.31M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$207.68M	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`	$198.82M	USD	Point-in-time
Cash, cash equivalents, and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$234.31M	USD	Point-in-time
Restricted net2phone common stock withheld from employees for income tax obligations	`ValueRestrictedSubsidiaryCommonStockWithheldFromEmployeesForIncomeTaxObligations`	$3.56M	USD	2 Qtrs
Restricted net2phone common stock withheld from employees for income tax obligations	`ValueRestrictedSubsidiaryCommonStockWithheldFromEmployeesForIncomeTaxObligations`	-	USD	2 Qtrs
Value of Class B common stock exchanged for National Retail Solutions shares	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	-	USD	2 Qtrs
Value of Class B common stock exchanged for National Retail Solutions shares	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$6.25M	USD	2 Qtrs
Stock issued to certain executive officers for bonus payments	`AdjustmentsToAdditionalPaidInCapitalOther`	-	USD	2 Qtrs
Stock issued to certain executive officers for bonus payments	`AdjustmentsToAdditionalPaidInCapitalOther`	$615.00K	USD	2 Qtrs

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$219.89M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.01M	USD	Point-in-time
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
Repurchases of Class B common stock through repurchase program	`TreasuryStockValueRepurchasesOfCommonStockThroughRepurchaseProgram`	$-5.01M	USD	2 Qtrs
Repurchases of Class B common stock through repurchase program	`TreasuryStockValueRepurchasesOfCommonStockThroughRepurchaseProgram`	$-3.15M	USD	2 Qtrs
Repurchases of Class B common stock through repurchase program	`TreasuryStockValueRepurchasesOfCommonStockThroughRepurchaseProgram`	$-319.00K	USD	1 Quarter
Restricted net2phone common stock purchased from employees	`ValueRestrictedSubsidiaryCommonStockPurchasedFromEmployees`	$-3.56M	USD	2 Qtrs
Restricted net2phone common stock purchased from employees	`ValueRestrictedSubsidiaryCommonStockPurchasedFromEmployees`	$-3.56M	USD	1 Quarter
Exchange of National Retail Solutions shares for Class B common stock	`StockIssuedDuringPeriodValueExchangeOfSharesForCommonStock`	-	USD	1 Quarter
Exchange of National Retail Solutions shares for Class B common stock	`StockIssuedDuringPeriodValueExchangeOfSharesForCommonStock`	-	USD	2 Qtrs
Stock issued to certain executive officers for bonus payments	`AdjustmentsToAdditionalPaidInCapitalOther`	-	USD	2 Qtrs
Stock issued to certain executive officers for bonus payments	`AdjustmentsToAdditionalPaidInCapitalOther`	$615.00K	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.58M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.29M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.86M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.81M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$4.00K	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$187.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$59.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$88.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.41M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.04M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-649.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-84.00K	USD	2 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$15.24M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$24.01M	USD	2 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$27.67M	USD	2 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributableToRedeemableNonControllingInterestAndNonControllingInterestInSubsidiaries`	$15.64M	USD	1 Quarter
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$219.89M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$193.01M	USD	Point-in-time
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	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$172.00K	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$172.00K	USD	1 Quarter
Restricted Class B common stock purchased from employees	`TreasuryStockValueRestrictedCommonStockPurchasedFromEmployees`	$-15.00K	USD	2 Qtrs
Restricted Class B common stock purchased from employees	`TreasuryStockValueRestrictedCommonStockPurchasedFromEmployees`	$-335.00K	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`	$15.75M	USD	1 Quarter
Net income	`ProfitLoss`	$27.86M	USD	2 Qtrs
Net income	`ProfitLoss`	$24.23M	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`	$270.00K	USD	1 Quarter
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$204.00K	USD	2 Qtrs
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-34.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-288.00K	USD	2 Qtrs
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`	$-919.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.41M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.04M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-649.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-84.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$24.15M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$15.11M	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`	$686.00K	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.15M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.24M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.33M	USD	1 Quarter
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$22.00M	USD	2 Qtrs
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$12.58M	USD	1 Quarter
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$23.22M	USD	2 Qtrs
Comprehensive income attributable to IDT Corporation	`ComprehensiveIncomeNetOfTax`	$13.78M	USD	1 Quarter

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