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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Jan. 31, 2022
Jan. 31, 2021
Income Statement [Abstract]        
Revenues $ 337,058 $ 339,766 $ 707,141 $ 683,191
Costs and expenses:        
Direct cost of revenues (exclusive of depreciation and amortization) 257,325 269,145 548,950 542,319
Selling, general and administrative (i) 61,070 54,298 121,177 106,442
Depreciation and amortization 4,378 4,464 8,825 8,956
Severance 29 143 67 255
Total costs and expenses 322,802 328,050 679,019 657,972
Other operating (expense) gain, net (see Note 10) (442) 1,207 (530) 955
Income from operations 13,814 12,923 27,592 26,174
Interest income, net 119 139 132 98
Other (expense) income, net (2,949) 3,170 (19,165) 1,792
Income before income taxes 10,984 16,232 8,559 28,064
Provision for income taxes (2,734) (3,027) (2,648) (6,444)
Net income 8,250 13,205 5,911 21,620
Net (income) attributable to noncontrolling interests (763) (97) (896) (224)
Net income attributable to IDT Corporation $ 7,487 $ 13,108 $ 5,015 $ 21,396
Earnings per share attributable to IDT Corporation common stockholders:        
Basic $ 0.29 $ 0.52 $ 0.20 $ 0.84
Diluted $ 0.28 $ 0.51 $ 0.19 $ 0.83
Weighted-average number of shares used in calculation of earnings per share:        
Basic 25,652,000 25,362,000 25,609,000 25,448,000
Diluted 26,542,000 25,713,000 26,580,000 25,787,000