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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2020
Jul. 31, 2019
Current assets:    
Cash and cash equivalents $ 61,091 $ 80,168
Restricted cash and cash equivalents 172,003 177,031
Debt securities 8,750 2,534
Equity investments 5,890 5,688
Trade accounts receivable, net of allowance for doubtful accounts of $6,362 at January 31, 2020 and $5,444 at July 31, 2019 52,172 58,060
Prepaid expenses 25,451 20,276
Other current assets 30,104 24,704
Total current assets 355,461 368,461
Property, plant and equipment, net 31,556 34,355
Goodwill 12,613 11,209
Other intangibles, net 4,206 4,196
Equity investments 9,592 9,319
Operating lease right-of-use assets 10,981
Deferred income tax assets, net 3,120 4,589
Other assets 12,183 11,574
Total assets 439,712 443,703
Current liabilities:    
Trade accounts payable 32,800 37,077
Accrued expenses 125,533 127,834
Deferred revenue 39,293 42,479
Customer deposits 168,326 175,028
Other current liabilities 10,093 6,652
Total current liabilities 376,045 389,070
Operating lease liabilities 8,731
Other liabilities 1,543 1,076
Total liabilities 386,319 390,146
Commitments and contingencies
IDT Corporation stockholders' equity:    
Preferred stock, $.01 par value; authorized shares-10,000; no shares issued
Additional paid-in capital 276,118 273,313
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 945 and 908 shares of Class B common stock at January 31, 2020 and July 31, 2019, respectively (52,005) (51,739)
Accumulated other comprehensive loss (6,575) (4,858)
Accumulated deficit (161,344) (160,763)
Total IDT Corporation stockholders' equity 56,487 56,244
Noncontrolling interests (3,094) (2,687)
Total equity 53,393 53,557
Total liabilities and equity 439,712 443,703
Class A common stock    
IDT Corporation stockholders' equity:    
Common stock, value 33 33
Class B common stock    
IDT Corporation stockholders' equity:    
Common stock, value $ 260 $ 258