XML 18 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Income Statement [Abstract]    
REVENUES $ 1,345,769 $ 1,409,172
COSTS AND EXPENSES:    
Direct cost of revenues (exclusive of depreciation and amortization) 1,084,009 1,174,015
Selling, general and administrative (i) [1] 214,846 204,366
Depreciation and amortization 20,406 22,632
Severance 3,503 1,438
TOTAL COSTS AND EXPENSES 1,322,764 1,402,451
Other operating expense, net (see Note 12) (5,063) (7,726)
Income (loss) from operations 17,942 (1,005)
Interest income, net 1,043 776
Other (expense) income, net (1,267) 682
Income before income taxes 17,718 453
Benefit from (provision for) income taxes 3,700 (123)
NET INCOME 21,418 330
Net loss (income) attributable to noncontrolling interests 12 (196)
NET INCOME ATTRIBUTABLE TO IDT CORPORATION $ 21,430 $ 134
Earnings per share attributable to IDT Corporation common stockholders:    
Basic (in Dollars per share) $ 0.82 $ 0.01
Diluted (in Dollars per share) $ 0.81 $ 0.01
Weighted-average number of shares used in calculation of earnings per share:    
Basic (in Shares) 26,278 25,293
Diluted (in Shares) 26,441 25,308
(i) Stock-based compensation included in selling, general and administrative expenses $ 3,856 $ 2,236
[1] Stock-based compensation included in selling, general and administrative expenses