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Selected Quarterly Financial Data (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Jul. 31, 2017
[1]
Apr. 29, 2017
[2]
Jan. 31, 2017
Oct. 31, 2016
[3]
Jul. 31, 2016
[4]
Apr. 30, 2016
[5]
Jan. 31, 2016
Oct. 31, 2015
Jul. 31, 2017
Jul. 31, 2016
Jul. 31, 2015
Selected Quarterly Financial Data (Unaudited) [Abstract]                      
Revenues $ 394,987 $ 370,035 $ 367,556 $ 369,151 $ 368,075 $ 355,154 $ 382,454 $ 390,578 $ 1,501,729 $ 1,496,261 $ 1,596,777
Direct cost of revenues 337,062 314,704 310,913 313,029 309,139 293,220 319,724 324,511 1,275,708 1,246,594 1,328,363
Income (loss) from operations 3,737 (6,502) 3,128 5,186 6,225 5,676 6,377 7,925 5,549 26,203 93,050
Net income (loss) (9,458) (4,452) 1,257 22,294 11,419 4,701 4,663 4,575 9,641 25,358 86,115
Net income (loss) attributable to IDT Corporation $ (9,841) $ (4,775) $ 875 $ 21,918 $ 11,019 $ 4,237 $ 4,065 $ 4,193 $ 8,177 $ 23,514 $ 84,490
Net income (loss) per share - basic $ (0.41) $ (0.21) $ 0.04 $ 0.97 $ 0.49 $ 0.19 $ 0.18 $ 0.18 $ 0.35 $ 1.03 $ 3.69
Net income (loss) per share - diluted $ (0.41) $ (0.21) $ 0.04 $ 0.96 $ 0.48 $ 0.19 $ 0.18 $ 0.18 $ 0.35 $ 1.03 $ 3.63
[1] Included in net loss was income tax expense of $11.1 million from an increase in the valuation allowance on deferred tax assets.
[2] Included in loss from operations was expense of $10.1 million related to a legal settlement and mutual release, including legal fees incurred in the quarter.
[3] Included in net income was a benefit from income taxes of $16.6 million from the full recognition of certain deferred tax assets.
[4] Included in income from operations was severance expense of $6.3 million and gain on sale of member interest in Visa Europe Ltd. of $7.5 million.
[5] Included in income from operations was gain on sale of interest in Fabrix Systems Ltd. of $1.1 million.