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Business Segment Information | 12 Months Ended
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Jul. 31, 2015
Business Segment Information [Abstract] |
Business Segment Information | Note 22—Business Segment Information The Company has two reportable business segments, Telecom Platform Services and Consumer Phone Services. Operating segments that are not reportable individually are included in All Other. The Company’s reportable segments are distinguished by types of service, customers and methods used to provide their services. The operating results of these business segments are regularly reviewed by the Company’s chief operating decision maker. The Telecom Platform Services segment provides retail telecommunications and payment offerings as well as wholesale international long distance traffic termination. The Consumer Phone Services segment provides consumer local and long distance services in certain U.S. states. Telecom Platform Services and Consumer Phone Services comprise the IDT Telecom division. Beginning in the second quarter of fiscal 2015, All Other includes Zedge, which provides a content platform for mobile device personalization including ringtones, wallpapers, home screen icons and game recommendations. Comparative results have been reclassified and restated as if Zedge was included in All Other in all periods presented. All Other also includes the Company’s real estate holdings and other, smaller, businesses. Until the sale of Fabrix in October 2014, All Other also included Fabrix, a software development company offering a cloud-based scale-out storage and computing platform optimized for big data, virtualization and media storage, processing and delivery. Corporate costs include certain services, such as compensation, consulting fees, treasury and accounts payable, tax and accounting services, human resources and payroll, corporate purchasing, corporate governance including Board of Directors’ fees, internal and external audit, investor relations, corporate insurance, corporate legal, business development, and other corporate-related general and administrative expenses including, among others, facilities costs, charitable contributions and travel, as well as depreciation expense on corporate assets. Corporate does not generate any revenues, nor does it incur any direct cost of revenues. The accounting policies of the segments are the same as the accounting policies of the Company as a whole. The Company evaluates the performance of its business segments based primarily on income (loss) from operations. IDT Telecom depreciation and amortization are allocated to Telecom Platform Services and Consumer Phone Services because the related assets are not tracked separately by segment. There are no other significant asymmetrical allocations to segments. Operating results for the business segments of the Company are as follows:
(in thousands) |  | Telecom Platform Services |  |  | Consumer Phone Services |  |  | All Other |  |  | Corporate |  |  | Total |
Year ended July 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 1,572,744 |  |  | $ | 8,629 |  |  | $ | 15,404 |  |  | $ | — |  |  | $ | 1,596,777 |
Income (loss) from operations |  |  | 26,951 |  |  |  | 1,259 |  |  |  | 77,969 |  |  |  | (13,129 | ) |  |  | 93,050 |
Depreciation and amortization |  |  | 16,169 |  |  |  | — |  |  |  | 2,243 |  |  |  | 6 |  |  |  | 18,418 |
Severance |  |  | 7,696 |  |  |  | — |  |  |  | 35 |  |  |  | 632 |  |  |  | 8,363 |
Gain on sale of interest in Fabrix Systems Ltd. |  |  | — |  |  |  | — |  |  |  | 76,864 |  |  |  | — |  |  |  | 76,864 |
Other operating loss |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (1,552 | ) |  |  | (1,552 | )
Year ended July 31, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 1,615,570 |  |  | $ | 11,023 |  |  | $ | 24,948 |  |  | $ | — |  |  | $ | 1,651,541 |
Income (loss) from operations |  |  | 45,062 |  |  |  | 1,797 |  |  |  | (1,735 | ) |  |  | (15,284 | ) |  |  | 29,840 |
Depreciation and amortization |  |  | 13,776 |  |  |  | — |  |  |  | 2,512 |  |  |  | 30 |  |  |  | 16,318 |
Other operating gains (losses), net |  |  | 650 |  |  |  | — |  |  |  | 638 |  |  |  | (453 | ) |  |  | 835 |
Year ended July 31, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 1,588,071 |  |  | $ | 14,514 |  |  | $ | 18,032 |  |  | $ | — |  |  | $ | 1,620,617 |
Income (loss) from operations |  |  | 48,661 |  |  |  | 1,824 |  |  |  | (7,093 | ) |  |  | (14,001 | ) |  |  | 29,391 |
Depreciation and amortization |  |  | 12,342 |  |  |  | 1 |  |  |  | 2,471 |  |  |  | 96 |  |  |  | 14,910 |
Impairment of building and improvements |  |  | — |  |  |  | — |  |  |  | 4,359 |  |  |  | — |  |  |  | 4,359 |
Other operating gains |  |  | 9,251 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 9,251 |
Telecom Platform Services’ income from operations in fiscal 2013 included net gains of $9.3 million related to legal matters. Total assets for the reportable segments are not provided because a significant portion of the Company’s assets are servicing multiple segments and the Company does not track such assets separately by segment. Geographic Information Revenue from customers located outside of the United States as a percentage of total revenues from continuing operations and revenue from customers located in the United Kingdom as a percentage of total revenues from continuing operations were as follows. Revenues by country are determined based on selling location.
Year ended July 31 |  | 2015 |  |  | 2014 |  |  | 2013 |
Revenue from customers located outside of the United States |  |  | 30 | % |  |  | 30 | % |  |  | 23 | %
Revenue from customers located in the United Kingdom |  |  | 20 | % |  |  | 19 | % |  |  | 13 | %
Net long-lived assets and total assets held outside of the United States, which are located primarily in Western Europe, were as follows:
(in thousands) |  | United States |  |  | Foreign Countries |  |  | Total |
July 31, 2015 |  |  |  |  |  |  |  |  |
Long-lived assets, net |  | $ | 89,340 |  |  | $ | 1,976 |  |  | $ | 91,316 |
Total assets |  |  | 281,625 |  |  |  | 204,057 |  |  |  | 485,682 |
July 31, 2014 |  |  |  |  |  |  |  |  |  |  |  |
Long-lived assets, net |  | $ | 79,281 |  |  | $ | 2,479 |  |  | $ | 81,760 |
Total assets |  |  | 284,249 |  |  |  | 196,682 |  |  |  | 480,931 |
July 31, 2013 |  |  |  |  |  |  |  |  |  |  |  |
Long-lived assets, net |  | $ | 77,580 |  |  | $ | 3,162 |  |  | $ | 80,742 |
Total assets |  |  | 294,337 |  |  |  | 141,070 |  |  |  | 435,407 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
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