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Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2018
Jul. 31, 2018
Current assets:    
Cash and cash equivalents $ 59,313 $ 68,089
Debt securities 2,237 5,612
Trade accounts receivable, net of allowance for doubtful accounts of $3,103 at October 31, 2018 and $3,166 at July 31, 2018 66,094 69,481
Prepaid expenses 23,132 19,550
Other current assets 34,333 28,877
Assets held for sale 138,466 137,272
Total current assets 323,575 328,881
Property, plant and equipment, net 36,808 36,068
Goodwill 11,246 11,315
Other intangibles, net 4,238 306
Equity investments 7,827 6,633
Deferred income tax assets, net 4,598 5,668
Other assets 5,634 5,020
Assets held for sale 5,920 5,706
Total assets 399,846 399,597
Current liabilities:    
Trade accounts payable 56,441 45,124
Accrued expenses 120,843 129,818
Deferred revenue 45,116 55,003
Other current liabilities 8,817 8,269
Liabilities held for sale 130,550 128,770
Total current liabilities 361,767 366,984
Other liabilities 906 768
Liabilities held for sale 497 542
Total liabilities 363,170 368,294
Commitments and contingencies
IDT Corporation stockholders’ equity:    
Preferred stock, $.01 par value; authorized shares-10,000; no shares issued
Additional paid-in capital 294,460 294,047
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 3,451 and 2,722 shares of Class B common stock at October 31, 2018 and July 31, 2018, respectively (89,451) (85,597)
Accumulated other comprehensive loss (4,417) (4,972)
Accumulated deficit (164,806) (173,103)
Total IDT Corporation stockholders’ equity 36,075 30,664
Noncontrolling interests 601 639
Total equity 36,676 31,303
Total liabilities and equity 399,846 399,597
Class A common stock    
IDT Corporation stockholders’ equity:    
Common stock, value 33 33
Class B common stock    
IDT Corporation stockholders’ equity:    
Common stock, value $ 256 $ 256