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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Jul. 31, 2014
Consolidated Statements of Income [Abstract]      
REVENUES $ 1,496,261 $ 1,596,777 $ 1,651,541
COSTS AND EXPENSES:      
Direct cost of revenues (exclusive of depreciation and amortization) 1,246,594 1,328,363 1,367,266
Selling, general and administrative (i) 204,655 222,239 228,934
Depreciation and amortization 20,535 18,418 16,318
Research and development 1,656 10,018
Severance 6,510 8,363  
TOTAL COSTS AND EXPENSES 1,478,294 1,579,039 1,622,536
Gain on sale of member interest in Visa Europe Ltd. 7,476    
Gain on sale of interest in Fabrix Systems, Ltd. 1,086 76,864
Other operating (losses) gains, net (326) (1,552) 835
Income from operations 26,203 93,050 29,840
Interest income (expense), net 1,216 (159) (148)
Other income (expense), net 2,049 (688) (4,700)
Income before income taxes 29,468 92,203 24,992
Provision for income taxes (4,110) (6,088) (3,982)
NET INCOME 25,358 86,115 21,010
Net income attributable to noncontrolling interests (1,844) (1,625) (2,226)
NET INCOME ATTRIBUTABLE TO IDT CORPORATION $ 23,514 $ 84,490 $ 18,784
Earnings per share attributable to IDT Corporation common stockholders:      
Basic $ 1.03 $ 3.69 $ 0.85
Diluted $ 1.03 $ 3.63 $ 0.82
Weighted-average number of shares used in calculation of earnings per share:      
Basic 22,765 22,903 22,009
Diluted 22,815 23,247 22,937
(i) Stock-based compensation included in selling, general and administrative expenses $ 2,680 $ 5,185 $ 5,382