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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Jul. 31, 2020
Income Statement [Abstract]      
REVENUES $ 1,364,057 $ 1,446,990 $ 1,345,769
COSTS AND EXPENSES:      
Direct cost of revenues (exclusive of depreciation and amortization) 1,034,430 1,154,048 1,084,009
Selling, general and administrative (i) 250,481 218,467 214,846
Depreciation and amortization 18,115 17,764 20,406
Severance 116 452 3,503
TOTAL COSTS AND EXPENSES 1,303,142 1,390,731 1,322,764
Other operating (expense) gain, net (see Note 14) (826) 731 (5,063)
Income from operations 60,089 56,990 17,942
Interest income, net 146 318 1,043
Other (expense) income, net (25,352) 7,916 (1,267)
Income before income taxes 34,883 65,224 17,718
(Provision for) benefit from income taxes (5,878) 31,667 3,700
NET INCOME 29,005 96,891 21,418
Net (income) loss attributable to noncontrolling interests (1,977) (416) 12
NET INCOME ATTRIBUTABLE TO IDT CORPORATION $ 27,028 $ 96,475 $ 21,430
Earnings per share attributable to IDT Corporation common stockholders:      
Basic $ 1.05 $ 3.78 $ 0.82
Diluted $ 1.03 $ 3.70 $ 0.81
Weighted-average number of shares used in calculation of earnings per share:      
Basic 25,791 25,495 26,278
Diluted 26,356 26,053 26,441