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Severance Expense | 12 Months Ended
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Jul. 31, 2015
Severance Expense [Abstract] |
Severance Expense | Note 13—Severance Expense In February and March 2015, the Company completed a reduction of its workforce and incurred severance expense of $6.2 million in fiscal 2015. Severance expense in fiscal 2015 also included $1.9 million due to a downsizing of certain IDT Telecom sales and administrative functions in Europe and the U.S in the first quarter of fiscal 2015, and an additional $0.2 million in the fourth quarter of fiscal 2015. At July 31, 2015, there was accrued severance of $3.7 million included in “Accrued Expenses” in the accompanying consolidated balance sheet for the February and March 2015 headcount reductions.

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- Definition The total amount of money spent on severance pay for employees who had their contracts terminated. + References No definition available. + Details
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