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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jul. 31, 2017
Jul. 31, 2016
Jul. 31, 2015
Consolidated Statements of Income [Abstract]      
REVENUES $ 1,501,729 $ 1,496,261 $ 1,596,777
COSTS AND EXPENSES:      
Direct cost of revenues (exclusive of depreciation and amortization) 1,275,708 1,246,594 1,328,363
Selling, general and administrative (i) 188,293 204,655 222,239
Depreciation and amortization 21,704 20,535 18,418
Research and development 1,656
Severance 6,510 8,363
TOTAL COSTS AND EXPENSES 1,485,705 1,478,294 1,579,039
Other (see Note 12) (10,412) (326) (1,552)
(Adjustment to) gain on sale of member interest in Visa Europe Ltd. (63) 7,476  
Gain on sale of interest in Fabrix Systems, Ltd. 1,086 76,864
Income from operations 5,549 26,203 93,050
Interest income (expense), net 1,254 1,216 (159)
Other income (expense), net 817 2,049 (688)
Income before income taxes 7,620 29,468 92,203
Benefit from (provision for) income taxes 2,021 (4,110) (6,088)
NET INCOME 9,641 25,358 86,115
Net income attributable to noncontrolling interests (1,464) (1,844) (1,625)
NET INCOME ATTRIBUTABLE TO IDT CORPORATION $ 8,177 $ 23,514 $ 84,490
Earnings per share attributable to IDT Corporation common stockholders:      
Basic $ 0.35 $ 1.03 $ 3.69
Diluted $ 0.35 $ 1.03 $ 3.63
Weighted-average number of shares used in calculation of earnings per share:      
Basic 23,182 22,765 22,903
Diluted 23,309 22,815 23,247
(i) Stock-based compensation included in selling, general and administrative expenses $ 3,740 $ 2,680 $ 5,185