XML 44 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Jan. 31, 2020
Jan. 31, 2019
Income Statement [Abstract]        
Revenues $ 323,890 $ 349,473 $ 664,089 $ 711,789
Costs and expenses:        
Direct cost of revenues (exclusive of depreciation and amortization) 262,716 291,178 542,177 595,870
Selling, general and administrative [1] 53,789 50,900 107,223 101,452
Depreciation and amortization 5,184 5,762 10,479 11,357
Severance 486 1,112
Total costs and expenses 322,175 347,840 660,991 708,679
Other operating expense, net (see Note 9) (392) (2,090) (3,168) (3,385)
Income (loss) from operations 1,323 (457) (70) (275)
Interest income, net 195 186 467 295
Other income (expense), net 550 496 785 (853)
Income (loss) before income taxes 2,068 225 1,182 (833)
Provision for income taxes (1,164) (1,236) (1,700) (2,176)
Net income (loss) 904 (1,011) (518) (3,009)
Net loss (income) attributable to noncontrolling interests 28 (300) (63) (601)
Net income (loss) attributable to IDT Corporation $ 932 $ (1,311) $ (581) $ (3,610)
Earnings (loss) per share attributable to IDT Corporation common stockholders:        
Basic $ 0.04 $ (0.05) $ (0.02) $ (0.15)
Diluted $ 0.04 $ (0.05) $ (0.02) $ (0.15)
Weighted-average number of shares used in calculation of earnings (loss) per share:        
Basic 26,320 24,816 26,300 24,323
Diluted 26,451 24,816 26,300 24,323
(i) Stock-based compensation included in selling, general and administrative expenses $ 1,167 $ 467 $ 2,531 $ 880
[1] Stock-based compensation included in selling, general and administrative expenses