Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2019
Jul. 31, 2018
Current assets:    
Cash and cash equivalents $ 79,326 $ 73,981
Restricted cash and cash equivalents 162,848 129,216
Debt securities 301 5,612
Trade accounts receivable, net of allowance for doubtful accounts of $4,851 at April 30, 2019 and $5,358 at July 31, 2018 54,366 70,746
Prepaid expenses 22,856 20,566
Other current assets 26,706 28,760
Total current assets 346,403 328,881
Property, plant and equipment, net 35,025 36,080
Goodwill 11,223 11,315
Other intangibles, net 4,212 496
Equity investments 8,350 6,633
Deferred income tax assets, net 2,825 5,668
Other assets 11,860 10,524
Total assets 419,898 399,597
Current liabilities:    
Trade accounts payable 38,256 45,900
Accrued expenses 115,308 130,225
Deferred revenue 40,681 55,015
Customer deposits 160,833 127,571
Other current liabilities 7,230 8,273
Total current liabilities 362,308 366,984
Other liabilities 1,163 1,310
Total liabilities 363,471 368,294
Commitments and contingencies
IDT Corporation stockholders’ equity:    
Preferred stock, $.01 par value; authorized shares-10,000; no shares issued
Additional paid-in capital 272,291 294,047
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 908 and 2,722 shares of Class B common stock at April 30, 2019 and July 31, 2018, respectively (51,739) (85,597)
Accumulated other comprehensive loss (4,465) (4,972)
Accumulated deficit (160,289) (173,103)
Total IDT Corporation stockholders’ equity 56,087 30,664
Noncontrolling interests 340 639
Total equity 56,427 31,303
Total liabilities and equity 419,898 399,597
Class A common stock    
IDT Corporation stockholders’ equity:    
Common stock, value 33 33
Class B common stock    
IDT Corporation stockholders’ equity:    
Common stock, value $ 256 $ 256