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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Jan. 31, 2023
Jan. 31, 2022
Income Statement [Abstract]        
Revenues $ 313,936 $ 337,058 $ 635,752 $ 707,141
Costs and expenses:        
Direct cost of revenues (exclusive of depreciation and amortization) 222,394 257,325 454,031 548,950
Selling, general and administrative [1] 68,153 61,070 134,017 121,177
Depreciation and amortization 5,012 4,378 9,801 8,825
Severance 213 29 312 67
Total costs and expenses 295,772 322,802 598,161 679,019
Other operating gain (expense), net (see Note 10) 17 (442) 816 (530)
Income from operations 18,181 13,814 38,407 27,592
Interest income, net 810 119 1,320 132
Other income (expense), net 1,613 (2,949) (2,229) (19,165)
Income before income taxes 20,604 10,984 37,498 8,559
Provision for income taxes (5,295) (2,734) (9,634) (2,648)
Net income 15,309 8,250 27,864 5,911
Net income attributable to noncontrolling interests (686) (763) (2,239) (896)
Net income attributable to IDT Corporation $ 14,623 $ 7,487 $ 25,625 $ 5,015
Earnings per share attributable to IDT Corporation common stockholders:        
Basic $ 0.57 $ 0.29 $ 1.00 $ 0.20
Diluted $ 0.57 $ 0.28 $ 1.00 $ 0.19
Weighted-average number of shares used in calculation of earnings per share:        
Basic 25,510 25,652 25,556 25,609
Diluted 25,538 26,542 25,577 26,580
[1] Stock-based compensation included in selling, general and administrative expenses