Revenue Recognition (Tables)

12 Months Ended

Jul. 31, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Revenues Disaggregated by Business Segment and Service Offered to Customers

The following table shows the Company’s revenues disaggregated by business segment and service offered to customers:

Year ended July 31 (in thousands)	2023		2022		2021
BOSS Money	$	76,928	$	55,561	$	49,322
Other		9,682		9,032		8,298
Total Fintech		86,610		64,593		57,620
National Retail Solutions		77,115		51,299		24,748
net2phone		72,388		58,185		44,502
IDT Digital Payments		417,057		473,215		461,609
BOSS Revolution Calling		322,134		387,937		455,244
IDT Global		230,281		292,337		360,996
Other		33,269		36,491		42,271
Total Traditional Communications		1,002,741		1,189,980		1,320,120
TOTAL	$	1,238,854	$	1,364,057	$	1,446,990

Schedule of Revenues Disaggregated by Geographic Region

The following table shows the Company’s revenues disaggregated by geographic region, which is determined based on selling location. On February 1, 2021, the Company restructured certain operations for tax purposes resulting in the change of geographic sourcing of revenues from the United States to the United Kingdom.

(in thousands)	Fintech		National Retail Solutions		net2phone		Traditional Communications		Total
Year ended July 31, 2023
United States	$	83,883	$	77,115	$	38,029	$	693,193	$	892,220
Outside the United States:
United Kingdom		—		—		—		267,697		267,697
Other		2,727		—		34,359		41,851		78,937
Total outside the United States		2,727		—		34,359		309,548		346,634
TOTAL	$	86,610	$	77,115	$	72,388	$	1,002,741	$	1,238,854
Year ended July 31, 2022
United States	$	62,598	$	51,299	$	30,283	$	829,355	$	973,535
Outside the United States:
United Kingdom		—		—		—		311,847		311,847
Other		1,995		—		27,902		48,778		78,675
Total outside the United States		1,995		—		27,902		360,625		390,522
TOTAL	$	64,593	$	51,299	$	58,185	$	1,189,980	$	1,364,057
Year ended July 31, 2021
United States	$	57,347	$	24,748	$	23,093	$	1,025,790	$	1,130,978
Outside the United States:
United Kingdom		—		—		—		241,590		241,590
Other		273		—		21,409		52,740		74,422
Total outside the United States		273		—		21,409		294,330		316,012
TOTAL	$	57,620	$	24,748	$	44,502	$	1,320,120	$	1,446,990

Schedule of Estimated Revenue by Business Segment

(in thousands)	National Retail Solutions		net2phone		Total
Year ending July 31:
2024	$	6,608	$	35,974	$	42,582
2025		5,463		18,021		23,484
Thereafter		5,433		6,694		12,127
TOTAL	$	17,504	$	60,689	$	78,193

Schedule of Deferred Customer Contract Acquisition Costs

The Company’s deferred customer contract acquisition costs were as follows:

July 31 (in thousands)	2023		2022
Deferred customer contract acquisition costs included in “Other current assets”	$	4,460	$	4,085
Deferred customer contract acquisition costs included in “Other assets”		3,734		3,469
TOTAL	$	8,194	$	7,554