-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Wqtbg7o9uR0CImUE7Fqqw0uzTYgVrUxEB2vT202x/P2lCdJzdqj17ovUjUIzIPZR o2cj0NdcENOxt2EZx5Dp4A== /in/edgar/work/0000950130-00-005712/0000950130-00-005712.txt : 20001102 0000950130-00-005712.hdr.sgml : 20001102 ACCESSION NUMBER: 0000950130-00-005712 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000731 FILED AS OF DATE: 20001031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IDT CORP CENTRAL INDEX KEY: 0001005731 STANDARD INDUSTRIAL CLASSIFICATION: [7373 ] IRS NUMBER: 223415036 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: NT 10-K SEC ACT: SEC FILE NUMBER: 000-27898 FILM NUMBER: 749893 BUSINESS ADDRESS: STREET 1: 190 MAIN ST CITY: HACKENSACK STATE: NJ ZIP: 07601 BUSINESS PHONE: 2019281000 MAIL ADDRESS: STREET 1: 294 STATE STREET CITY: HACKENSACK STATE: NJ ZIP: 07601 NT 10-K 1 0001.txt NOTIFICATION OF LATE FILING Commission File Number: 000-26763 FORM 12b-25 U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 NOTIFICATION OF LATE FILING (Check One) [X] Form 10-K [ ] Form 11-K [ ] Form 20-F [ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR For Period Ended: July 31, 1999 [ ] Transition Report on Form 10-K [ ] Transition Report on Form 20-F [ ] Transition Report on Form 11-K [ ] Transition Report on Form 10-Q [ ] Transition Report on Form N-SAR For the Transition Period Ended: N/A - -------------------------------------------------------------------------------- Nothing in this Form shall be construed to imply that the Commission has verified any information contained herein. - -------------------------------------------------------------------------------- If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates: N/A --- Part I - Registrant Information - ------------------------------- Full Name of Registrant: IDT Corporation --------------- Former name if applicable: N/A --------------- Address of Principal Executive Office (Street and Number): 520 Broad Street ---------------- Newark, New Jersey 07102 ------------------------ - 1 - Part II - Rules 12b-25(b) and (c) - --------------------------------- If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate) [X] (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; [X] (b) The subject annual report, semi-annual report, transition report on Form 10-K or Form 10-KSB, Form 20-F, Form 11-K or Form N-SAR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or Form 10-QSB, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and [ ] (c) The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. Part III - Narrative - -------------------- State below in reasonable detail the reasons why the Form 10-K, 20-F, 11-K, 10-Q or 10-QSB, N-SAR or the transition report or portion thereof, could not be filed within the prescribed time period. The Registrant has devoted all of its attention and energy to the further development of its business and accordingly is unable to file its Form 10-K for the year ended July 31, 2000 within the prescribed time period without unreasonable effort and expense. Part IV - Other Information - --------------------------- (1) Name and telephone number of person to contact in regard to this notification: Joyce Mason (973) 438-4484 ------------------------------------------------------- (Name) (Area Code) (Telephone Number) (2) Have all other periodic reports required under Section 13 of 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months (or for such shorter period that the registrant was required to file such report(s)) been filed? If the answer is no, identify report(s). [X] Yes [ ] No (3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? [X] Yes [ ] No - 2 - If so: attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made. The Registrant had revenues of $1,093.9 million for the year ended July 31, 2000. Revenues increased 49.4% from $732.2 million for the year ended July 31, 1999, primarily as a result of increased Telecommunications revenues. Loss from operations increased from $7.7 million for the year ended July 31, 1999 to $216.6 million for the year ended July 31, 2000 primarily due to decreased gross margins and increased selling, general and administrative expenses. IDT CORPORATION --------------- (Name of Registrant as specified in charter) has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. Date: October 31, 2000 /s/ Stephen R. Brown ------------------------------ Name: Stephen R. Brown Title: Chief Financial Officer - 3 - -----END PRIVACY-ENHANCED MESSAGE-----