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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Apr. 30, 2023
Apr. 30, 2022
Income Statement [Abstract]        
Revenues $ 299,295 $ 328,353 $ 935,047 $ 1,035,494
Costs and expenses:        
Direct cost of revenues (exclusive of depreciation and amortization) 210,250 247,565 664,281 796,516
Selling, general and administrative [1] 68,574 62,772 202,591 183,948
Depreciation and amortization 5,185 4,509 14,986 13,333
Severance 145 458 67
Total costs and expenses 284,154 314,846 882,316 993,864
Other operating expense, net (see Note 10) (4,764) (179) (3,948) (709)
Income from operations 10,377 13,328 48,783 40,921
Interest income, net 709 85 2,029 217
Other expense, net (382) (5,068) (2,610) (24,234)
Income before income taxes 10,704 8,345 48,202 16,904
Provision for income taxes (2,960) (3,239) (12,594) (5,887)
Net income 7,744 5,106 35,608 11,017
Net income attributable to noncontrolling interests (854) (335) (3,093) (1,231)
Net income attributable to IDT Corporation $ 6,890 $ 4,771 $ 32,515 $ 9,786
Earnings per share attributable to IDT Corporation common stockholders:        
Basic $ 0.27 $ 0.18 $ 1.27 $ 0.38
Diluted $ 0.27 $ 0.18 $ 1.27 $ 0.37
Weighted-average number of shares used in calculation of earnings per share:        
Basic 25,518 25,901 25,544 25,706
Diluted 25,612 26,205 25,589 26,455
[1] Stock-based compensation included in selling, general and administrative expenses