XML 22 R11.htm IDEA: XBRL DOCUMENT
v3.19.1

Cash, Cash Equivalents, and Restricted Cash and Cash Equivalents | 9 Months Ended
--- | ---
Apr. 30, 2019
Cash, Cash Equivalents, and Restricted Cash and Cash Equivalents [Abstract] |
Cash, Cash Equivalents, and Restricted Cash and Cash Equivalents | Note 3—Cash, Cash Equivalents, and Restricted Cash and Cash Equivalents On August 1, 2018, the Company adopted ASU No. 2016-18, Statement of Cash Flows (Topic 230), related to the classification and presentation of changes in restricted cash in the statement of cash flows. The following table provides a reconciliation of cash, cash equivalents, and restricted cash and cash equivalents reported in the consolidated balance sheet that equals the total of the same amounts reported in the consolidated statement of cash flows:
|  | April 30, 2019 |  |  | July 31, 2018 |
|  | (in thousands) |
Cash and cash equivalents |  | $ | 79,326 |  |  | $ | 73,981 |
Restricted cash and cash equivalents |  |  | 162,848 |  |  |  | 129,216 |
Total cash, cash equivalents, and restricted cash and cash equivalents |  | $ | 242,174 |  |  | $ | 203,197 |
At April 30, 2019 and July 31, 2018, restricted cash and cash equivalents included $162.5 million and $128.9 million, respectively, in cash and cash equivalents held by IDT Financial Services Limited, the Company’s Gibraltar-based bank.

X
- Definition The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 305 -URI http://asc.fasb.org/topic&trid=2122426 + Details
Name: | us-gaap_CashAndCashEquivalentsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration