Other Operating Expense, Net (Tables)

6 Months Ended

Jan. 31, 2020

Other Operating Expense [Abstract]

Schedule of other operating gains (expense)

	Three Months Ended January 31,						Six Months Ended January 31,
	2020			2019			2020			2019
	(in thousands)
Corporate—Straight Path Communications Inc. class action legal fees net of insurance proceeds	$	(160	)	$	(330	)	$	(421	)	$	(525	)
net2phone—indemnification claim		(169	)		—			(534	)		—
net2phone—other, net		(63	)		25			(63	)		25
Telecom & Payment Services—accrual for non-income related taxes related to a foreign subsidiary		—			(2,000	)		(2,150	)		(3,100	)
Telecom & Payment Services—gain on sale of calling card business in Asia		—			215			—			215
Total other operating expense, net	$	(392	)	$	(2,090	)	$	(3,168	)	$	(3,385	)

Schedule of correction on the Company's previously issued consolidated financial statements

	Three Months Ended January 31, 2019
	Previously Reported			Error Correction			As Adjusted
	(in thousands, except per share data)
Consolidated Statement of Operations:
Other operating expense, net	$	(90	)	$	(2,000	)	$	(2,090	)
Provision for income taxes	$	(1,736	)	$	500		$	(1,236	)
Net income (loss)	$	489		$	(1,500	)	$	(1,011	)
Net income (loss) attributable to IDT Corporation	$	189		$	(1,500	)	$	(1,311	)
Earnings (loss) per share attributable to IDT Corporation common stockholders:
Basic	$	0.01		$	(0.06	)	$	(0.05	)
Diluted	$	0.01		$	(0.06	)	$	(0.05	)

	Six Months Ended January 31, 2019
	Previously Reported			Error Correction			As Adjusted
	(in thousands, except per share data)
Consolidated Statement of Operations:
Other operating expense, net	$	(285	)	$	(3,100	)	$	(3,385	)
Provision for income taxes	$	(2,926	)	$	750		$	(2,176	)
Net loss	$	(659	)	$	(2,350	)	$	(3,009	)
Net loss attributable to IDT Corporation	$	(1,260	)	$	(2,350	)	$	(3,610	)
Loss per share attributable to IDT Corporation common stockholders:
Basic	$	(0.05	)	$	(0.10	)	$	(0.15	)
Diluted	$	(0.05	)	$	(0.10	)	$	(0.15	)