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Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2019
Jul. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 62,183 $ 80,168
Restricted cash and cash equivalents 190,218 177,031
Debt securities 9,894 2,534
Equity investments 5,710 5,688
Trade accounts receivable, net of allowance for doubtful accounts of $5,675 at October 31, 2019 and $5,444 at July 31, 2019 50,963 58,060
Prepaid expenses 27,809 20,276
Other current assets 26,964 24,704
Total current assets 373,741 368,461
Property, plant and equipment, net 32,874 34,355
Goodwill 11,214 11,209
Other intangibles, net 4,110 4,196
Equity investments 9,337 9,319
Operating lease right-of-use assets 11,597
Deferred income tax assets, net 4,110 4,589
Other assets 12,054 11,574
Total assets 459,037 443,703
Current liabilities:    
Trade accounts payable 37,159 37,077
Accrued expenses 121,058 127,834
Deferred revenue 40,739 42,479
Customer deposits 188,258 175,028
Other current liabilities 9,180 6,652
Total current liabilities 396,394 389,070
Operating lease liabilities 9,335
Other liabilities 977 1,076
Total liabilities 406,706 390,146
Commitments and contingencies
IDT Corporation stockholders' equity:    
Preferred stock, $.01 par value; authorized shares—10,000; no shares issued
Additional paid-in capital 274,953 273,313
Treasury stock, at cost, consisting of 1,698 shares of Class A common stock and 908 shares of Class B common stock at October 31, 2019 and July 31, 2019 (51,739) (51,739)
Accumulated other comprehensive loss (6,062) (4,858)
Accumulated deficit (162,276) (160,763)
Total IDT Corporation stockholders' equity 55,167 56,244
Noncontrolling interests (2,836) (2,687)
Total equity 52,331 53,557
Total liabilities and equity 459,037 443,703
Class A common stock    
IDT Corporation stockholders' equity:    
Common stock, value 33 33
Class B common stock    
IDT Corporation stockholders' equity:    
Common stock, value $ 258 $ 258