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Revenue Recognition (Tables)

9 Months Ended

Apr. 30, 2021

Revenue from Contract with Customer [Abstract]

Schedule of Revenues Disaggregated by Business Segment and Service Offered to Customers

The following table shows the Company’s revenues disaggregated by business segment and service offered to customers:

 Schedule of Revenues Disaggregated by Business Segment and Service Offered to Customers

		Three Months Ended April 30,								Nine Months Ended April 30,
		2021				2020				2021				2020
		(in thousands)
BOSS Revolution Money Transfer		$	10,259			$	11,817			$	38,697			$	26,679
National Retail Solutions			6,385				2,867				16,532				7,303
Total Fintech			16,644				14,684				55,229				33,982
net2phone-UCaaS			11,255				8,103				31,621				23,225
Mobile Top-Up			132,603				85,139				325,001				237,808
BOSS Revolution Calling			111,412				112,536				342,665				343,731
Carrier Services			88,643				87,435				263,571				302,613
Other			13,274				13,439				38,935				44,066
Total Traditional Communications			345,932				298,549				970,172				928,218
Total		$	373,831			$	321,336			$	1,057,022			$	985,425

Schedule of Revenues Disaggregated by Geographic Region

The following table shows the Company’s revenues disaggregated by geographic region, which is determined based on selling location. On July 31, 2020, the Company restructured certain operations for tax purposes resulting in the change of geographic sourcing of revenues from the Netherlands to the United States.

 Schedule of Revenues Disaggregated by Geographic Region

(in thousands)		Fintech				net2phone-UCaaS				Traditional Communications				Total
Three Months Ended April 30, 2021
United States		$	16,644			$	5,839			$	240,442			$	262,925
Outside the United States:
United Kingdom			—				—				92,800				92,800
Netherlands			—				—				7				7
Other			—				5,416				12,683				18,099
Total outside the United States			—				5,416				105,490				110,906
Total		$	16,644			$	11,255			$	345,932			$	373,831

(in thousands)		Fintech				net2phone-UCaaS				Traditional Communications				Total
Three Months Ended April 30, 2020
United States		$	14,684			$	3,988			$	205,982			$	224,654
Outside the United States:
United Kingdom			—				3				26,360				26,363
Netherlands			—				—				52,237				52,237
Other			—				4,112				13,970				18,082
Total outside the United States			—				4,115				92,567				96,682
Total		$	14,684			$	8,103			$	298,549			$	321,336

(in thousands)		Fintech				net2phone-UCaaS				Traditional Communications				Total
Nine Months Ended April 30, 2021
United States		$	55,229			$	16,597			$	776,391			$	848,217
Outside the United States:
United Kingdom			—				—				154,150				154,150
Netherlands			—				—				14				14
Other			—				15,024				39,617				54,641
Total outside the United States			—				15,024				193,781				208,805
Total		$	55,229			$	31,621			$	970,172			$	1,057,022

(in thousands)		Fintech				net2phone-UCaaS				Traditional Communications				Total
Nine Months Ended April 30, 2020
United States		$	33,982			$	10,954			$	626,424			$	671,360
Outside the United States:
United Kingdom			—				10				98,304				98,314
Netherlands			—				—				156,870				156,870
Other			—				12,261				46,620				58,881
Total outside the United States			—				12,271				301,794				314,065
Total		$	33,982			$	23,225			$	928,218			$	985,425

Schedule of Information About Contract Liability Balance

The following table presents information about the Company’s contract liability balance:

 Schedule of Information About Contract Liability Balance

		2021				2020				2021				2020
		Three Months Ended April 30,								Nine Months Ended April 30,
		2021				2020				2021				2020
		(in thousands)
Revenue recognized in the period from amounts included in the contract liability balance at the beginning of the period		$	21,926			$	23,572			$	27,665			$	31,288

Schedule of Deferred Customer Contract Acquisition Costs

The Company’s deferred customer contract acquisition costs were as follows:

 Schedule of Deferred Customer Contract Acquisition Costs

		April 30, 2021				July 31, 2020
		(in thousands)
Deferred customer contract acquisition costs included in “Other current assets”		$	3,493			$	2,350
Deferred customer contract acquisition costs included in “Other assets”			3,206				2,384
Total		$	6,699			$	4,734

Schedule of Amortization of Deferred Customer Contract Acquisition Costs

The Company’s amortization of deferred customer contract acquisition costs during the periods were as follows:

 Schedule of Amortization of Deferred Customer Contract Acquisition Costs

		2021				2020				2021				2020
		Three Months Ended April 30,								Nine Months Ended April 30,
		2021				2020				2021				2020
		(in thousands)
Amortization of deferred customer contract acquisition costs		$	950			$	616			$	2,581			$	1,781

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Tabular disclosure of cost capitalized in obtaining or fulfilling contract with customer.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
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