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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Apr. 30, 2021
Apr. 30, 2020
Apr. 30, 2021
Apr. 30, 2020
Income Statement [Abstract]        
Revenues $ 373,831 $ 321,336 $ 1,057,022 $ 985,425
Costs and expenses:        
Direct cost of revenues (exclusive of depreciation and amortization) 300,797 258,839 843,116 801,016
Selling, general and administrative (i) 55,148 52,630 161,591 159,853
Depreciation and amortization 4,425 5,239 13,381 15,718
Severance 184 602 439 1,714
Total costs and expenses 360,554 317,310 1,018,527 978,301
Other operating gain (expense), net (see Note 10) 595 (234) 1,550 (3,402)
Income from operations 13,872 3,792 40,045 3,722
Interest income, net 125 56 223 525
Other income (expense), net 3,815 (2,144) 5,608 (1,360)
Income before income taxes 17,812 1,704 45,876 2,887
Benefit from (provision for) income taxes 18,586 (1,319) 12,142 (3,020)
Net income (loss) 36,398 385 58,018 (133)
Net (income) loss attributable to noncontrolling interests (50) 133 (274) 70
Net income (loss) attributable to IDT Corporation $ 36,348 $ 518 $ 57,744 $ (63)
Earnings (loss) per share attributable to IDT Corporation common stockholders:        
Basic $ 1.42 $ 0.02 $ 2.27 $ (0.00)
Diluted $ 1.39 $ 0.02 $ 2.23 $ (0.00)
Weighted-average number of shares used in calculation of earnings (loss) per share:        
Basic 25,530,000 26,371,000 25,475,000 26,323,000
Diluted 26,136,000 26,506,000 25,903,000 26,323,000