XML 63 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2015
Jul. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 110,361 $ 153,823
Restricted cash and cash equivalents-short-term 91,035 65,706
Marketable securities 40,287 12,873
Trade accounts receivable, net of allowance for doubtful accounts of $5,645 and $11,507 at July 31, 2015 and 2014, respectively 58,543 $ 69,330
Receivable from sale of interest in Fabrix Systems, Ltd. 8,471
Prepaid expenses 17,304 $ 21,799
Deferred income tax assets, net-current portion 843 2,953
Other current assets 14,344 12,381
TOTAL CURRENT ASSETS 341,188 338,865
Property, plant and equipment, net 91,316 81,760
Goodwill 14,388 14,830
Other intangibles, net 1,277 1,742
Investments $ 12,344 10,008
Restricted cash and cash equivalents-long-term 2,763
Deferred income tax assets, net-long-term portion $ 12,481 16,248
Other assets 12,688 14,715
TOTAL ASSETS $ 485,682 480,931
CURRENT LIABILITIES:    
Revolving credit loan payable 13,000
Trade accounts payable $ 29,140 42,135
Accrued expenses 139,272 142,528
Deferred revenue 86,302 101,165
Customer deposits 84,454 62,685
Income taxes payable 391 732
Note payable-current portion 6,353 271
Other current liabilities 3,000 5,468
TOTAL CURRENT LIABILITIES $ 348,912 367,984
Note payable-long-term portion 6,353
Other liabilities $ 1,830 5,430
TOTAL LIABILITIES $ 350,742 $ 379,767
Commitments and contingencies
IDT Corporation stockholders' equity:    
Preferred stock, $.01 par value; authorized shares-10,000; no shares issued
Additional paid-in capital $ 403,146 $ 392,858
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 3,521 and 2,934 shares of Class B common stock at July 31, 2015 and 2014, respectively (110,543) (99,841)
Accumulated other comprehensive income 771 3,668
Accumulated deficit (159,829) (196,725)
Total IDT Corporation stockholders' equity 133,831 100,239
Noncontrolling interests 1,109 925
TOTAL EQUITY 134,940 101,164
TOTAL LIABILITIES AND EQUITY 485,682 480,931
Class A common stock [Member]    
IDT Corporation stockholders' equity:    
Common stock, value 33 33
Class B common stock [Member]    
IDT Corporation stockholders' equity:    
Common stock, value $ 253 $ 246