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Revenue Recognition (Tables)

9 Months Ended

Apr. 30, 2023

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

		2023				2022				2023				2022
		Three Months Ended April 30,								Nine Months Ended April 30,
		2023				2022				2023				2022
		(in thousands)
BOSS Money		$	19,441			$	15,084			$	54,644			$	39,207
Other			2,346				2,131				7,351				6,837
Total Fintech			21,787				17,215				61,995				46,044
National Retail Solutions			18,073				11,383				57,208				32,075
net2phone			18,392				15,555				53,136				42,003
IDT Digital Payments			101,030				115,864				316,207				360,594
BOSS Revolution Calling			77,646				91,768				246,729				297,688
IDT Global			54,473				67,094				174,715				229,407
Other			7,894				9,474				25,057				27,683
Total Traditional Communications			241,043				284,200				762,708				915,372
Total		$	299,295			$	328,353			$	935,047			$	1,035,494
Revenues		$	299,295			$	328,353			$	935,047			$	1,035,494

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:

Schedule of Revenues Disaggregated by Geographic Region

(in thousands)		Fintech				National Retail Solutions				net2phone				Traditional Communications				Total
Three Months Ended April 30, 2023
United States		$	21,124			$	18,073			$	9,571			$	166,854			$	215,622
Outside the United States:
United Kingdom			—				—				—				64,415				64,415
Other			663				—				8,821				9,774				19,258
Total outside the United States			663				—				8,821				74,189				83,673
Total		$	21,787			$	18,073			$	18,392			$	241,043			$	299,295
Revenues		$	21,787			$	18,073			$	18,392			$	241,043			$	299,295

(in thousands)		Fintech				National Retail Solutions				net2phone				Traditional Communications				Total
Three Months Ended April 30, 2022
United States		$	16,716			$	11,383			$	7,732			$	198,174			$	234,005
Outside the United States:
United Kingdom			—				—				—				74,567				74,567
Other			499				—				7,823				11,459				19,781
Total outside the United States			499				—				7,823				86,026				94,348
Total		$	17,215			$	11,383			$	15,555			$	284,200			$	328,353
Revenues		$	17,215			$	11,383			$	15,555			$	284,200			$	328,353

(in thousands)		Fintech				National Retail Solutions				net2phone				Traditional Communications				Total
Nine Months Ended April 30, 2023
United States		$	59,991			$	57,208			$	27,888			$	528,116			$	673,203
Outside the United States:
United Kingdom			—				—				—				202,355				202,355
Other			2,004				—				25,248				32,237				59,489
Total outside the United States			2,004				—				25,248				234,592				261,844
Total		$	61,995			$	57,208			$	53,136			$	762,708			$	935,047
Revenues		$	61,995			$	57,208			$	53,136			$	762,708			$	935,047

(in thousands)		Fintech				National Retail Solutions				net2phone				Traditional Communications				Total
Nine Months Ended April 30, 2022
United States		$	44,683			$	32,075			$	21,713			$	644,166			$	742,637
Outside the United States:
United Kingdom			—				—				—				233,647				233,647
Other			1,361				—				20,290				37,559				59,210
Total outside the United States			1,361				—				20,290				271,206				292,857
Total		$	46,044			$	32,075			$	42,003			$	915,372			$	1,035,494
Revenues		$	46,044			$	32,075			$	42,003			$	915,372			$	1,035,494

Schedule of Information About Contract Liabilities

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

 Schedule of Information About Contract Liabilities

		2023				2022				2023				2022
		Three Months Ended April 30,								Nine Months Ended April 30,
		2023				2022				2023				2022
		(in thousands)
Revenue recognized in the period from amounts included in the contract liability balance at the beginning of the period		$	16,772			$	18,751			$	21,890			$	25,437

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, 2023				July 31, 2022
		(in thousands)
Deferred customer contract acquisition costs included in “Other current assets”		$	4,343			$	4,085
Deferred customer contract acquisition costs included in “Other assets”			3,542				3,469
Total		$	7,885			$	7,554

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

		2023				2022				2023				2022
		Three Months Ended April 30,								Nine Months Ended April 30,
		2023				2022				2023				2022
		(in thousands)
Amortization of deferred customer contract acquisition costs		$	1,226			$	1,121			$	3,631			$	3,163

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

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-Name Accounting Standards Codification
-Topic 340
-SubTopic 40
-Section 50
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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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-Section 50
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Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

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