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Cash, Cash Equivalents, and Restricted Cash and Cash Equivalents | 3 Months Ended
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Oct. 31, 2020
Cash and Cash Equivalents [Abstract] |
Cash, Cash Equivalents, and Restricted Cash and Cash Equivalents | Note 5—Cash, Cash Equivalents, and Restricted Cash and Cash Equivalents The following table provides a reconciliation of cash, cash equivalents, and restricted cash and cash equivalents reported in the consolidated balance sheets that equals the total of the same amounts reported in the consolidated statements of cash flows:
|  | October 31, 2020 |  |  | July 31, 2020 |
|  | (in thousands) |
Cash and cash equivalents |  | $ | 74,082 |  |  | $ | 84,860 |
Restricted cash and cash equivalents |  |  | 114,046 |  |  |  | 116,362 |
Total cash, cash equivalents, and restricted cash and cash equivalents |  | $ | 188,128 |  |  | $ | 201,222 |
At October 31, 2020 and July 31, 2020, restricted cash and cash equivalents included $114.0 million and $116.3 million, respectively, in restricted cash and cash equivalents for customer deposits held by IDT Financial Services Limited, the Company’s Gibraltar-based bank.

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- 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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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