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Other Operating Expense, Net (Tables) | 6 Months Ended
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Jan. 31, 2020
Other Operating Expense [Abstract] |
Schedule of other operating gains (expense) |
|  | Three Months Ended January 31, |  |  | Six Months Ended January 31, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
|  | (in thousands) |
Corporate—Straight Path Communications Inc. class action legal fees net of insurance proceeds |  | $ | (160 | ) |  | $ | (330 | ) |  | $ | (421 | ) |  | $ | (525 | )
net2phone—indemnification claim |  |  | (169 | ) |  |  | — |  |  |  | (534 | ) |  |  | — |
net2phone—other, net |  |  | (63 | ) |  |  | 25 |  |  |  | (63 | ) |  |  | 25 |
Telecom & Payment Services—accrual for non-income related taxes related to a foreign subsidiary |  |  | — |  |  |  | (2,000 | ) |  |  | (2,150 | ) |  |  | (3,100 | )
Telecom & Payment Services—gain on sale of calling card business in Asia |  |  | — |  |  |  | 215 |  |  |  | — |  |  |  | 215 |
Total other operating expense, net |  | $ | (392 | ) |  | $ | (2,090 | ) |  | $ | (3,168 | ) |  | $ | (3,385 | )
Schedule of correction on the Company's previously issued consolidated financial statements |
|  | Three Months Ended January 31, 2019 |
|  | Previously Reported |  |  | Error Correction |  |  | As Adjusted |
|  | (in thousands, except per share data) |
Consolidated Statement of Operations: |  |  |
Other operating expense, net |  | $ | (90 | ) |  | $ | (2,000 | ) |  | $ | (2,090 | )
Provision for income taxes |  | $ | (1,736 | ) |  | $ | 500 |  |  | $ | (1,236 | )
Net income (loss) |  | $ | 489 |  |  | $ | (1,500 | ) |  | $ | (1,011 | )
Net income (loss) attributable to IDT Corporation |  | $ | 189 |  |  | $ | (1,500 | ) |  | $ | (1,311 | )
Earnings (loss) per share attributable to IDT Corporation common stockholders: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.01 |  |  | $ | (0.06 | ) |  | $ | (0.05 | )
Diluted |  | $ | 0.01 |  |  | $ | (0.06 | ) |  | $ | (0.05 | )
|  | Six Months Ended January 31, 2019 |
|  | Previously Reported |  |  | Error Correction |  |  | As Adjusted |
|  | (in thousands, except per share data) |
Consolidated Statement of Operations: |  |  |
Other operating expense, net |  | $ | (285 | ) |  | $ | (3,100 | ) |  | $ | (3,385 | )
Provision for income taxes |  | $ | (2,926 | ) |  | $ | 750 |  |  | $ | (2,176 | )
Net loss |  | $ | (659 | ) |  | $ | (2,350 | ) |  | $ | (3,009 | )
Net loss attributable to IDT Corporation |  | $ | (1,260 | ) |  | $ | (2,350 | ) |  | $ | (3,610 | )
Loss per share attributable to IDT Corporation common stockholders: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | (0.05 | ) |  | $ | (0.10 | ) |  | $ | (0.15 | )
Diluted |  | $ | (0.05 | ) |  | $ | (0.10 | ) |  | $ | (0.15 | )

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- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22644-107794 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794 + Details
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