IDT CORP
For the period ended Jan 31, 2024. Filed Mar 11, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jan 31, 2024 · Filed Mar 11, 2024
IDT$82.63+0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Equity
CONSOLIDATED STATEMENTS OF EQUITY (Unaudited)
| Three Months Ended January 31, 2024 (in thousands) | ||||||||
|---|---|---|---|---|---|---|---|---|
| IDT Corporation Stockholders | ||||||||
| Class A Common Stock | Class B Common Stock | Additional Paid-In Capital | Treasury Stock | Accumulated Other Comprehensive Loss | Retained Earnings | Noncontrolling Interests | Total Equity | |
| BALANCE AT OCTOBER 31, 2023 | $33 | $279 | $302,351 | $(118,312) | $(16,627) | $32,321 | $6,922 | $206,967 |
| Repurchases of Class B common stock through repurchase program | — | — | — | (319) | — | — | — | (319) |
| Restricted net2phone common stock purchased from employees | — | — | (3,611) | — | — | — | 53 | (3,558) |
| Exchange of National Retail Solutions shares for Class B common stock | — | 2 | 81 | — | — | — | (83) | — |
| Stock-based compensation | — | — | 1,810 | — | — | — | — | 1,810 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (4) | (4) |
| Other comprehensive loss | — | — | — | — | (649) | — | — | (649) |
| Net income | — | — | — | — | — | 14,425 | 1,215 | 15,640 |
| BALANCE AT JANUARY 31, 2024 | $33 | $281 | $300,631 | $(118,631) | $(17,276) | $46,746 | $8,103 | $219,887 |
| Six Months Ended January 31, 2024 (in thousands) | ||||||||
|---|---|---|---|---|---|---|---|---|
| IDT Corporation Stockholders | ||||||||
| Class A Common Stock | Class B Common Stock | Additional Paid-In Capital | Treasury Stock | Accumulated Other Comprehensive Loss | Retained Earnings | Noncontrolling Interests | Total Equity | |
| BALANCE AT JULY 31, 2023 | $33 | $279 | $301,408 | $(115,461) | $(17,192) | $24,662 | $6,267 | $199,996 |
| Exercise of stock options | — | — | 172 | — | — | — | — | 172 |
| Repurchases of Class B common stock through repurchase program | — | — | — | (3,155) | — | — | — | (3,155) |
| Restricted Class B common stock purchased from employees | — | — | — | (15) | — | — | — | (15) |
| Restricted net2phone common stock purchased from employees | — | — | (3,611) | — | — | — | 53 | (3,558) |
| Exchange of National Retail Solutions shares for Class B common stock | — | 2 | 81 | — | — | — | (83) | — |
| Stock-based compensation | — | — | 2,581 | — | — | — | — | 2,581 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (59) | (59) |
| Other comprehensive loss | — | — | — | — | (84) | — | — | (84) |
| Net income | — | — | — | — | — | 22,084 | 1,925 | 24,009 |
| BALANCE AT JANUARY 31, 2024 | $33 | $281 | $300,631 | $(118,631) | $(17,276) | $46,746 | $8,103 | $219,887 |
CONSOLIDATED STATEMENTS OF EQUITY—Continued
| Three Months Ended January 31, 2023 (in thousands) | ||||||||
|---|---|---|---|---|---|---|---|---|
| IDT Corporation Stockholders | ||||||||
| Class A Common Stock | Class B Common Stock | Additional Paid-In Capital | Treasury Stock | Accumulated Other Comprehensive Loss | (Accumulated Deficit) Retained Earnings | Noncontrolling Interests | Total Equity | |
| BALANCE AT OCTOBER 31, 2022 | $33 | $278 | $297,191 | $(106,906) | $(11,672) | $(4,828) | $4,343 | $178,439 |
| Exercise of stock options | — | — | 172 | — | — | — | — | 172 |
| Stock-based compensation | — | — | 1,286 | — | — | — | — | 1,286 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (88) | (88) |
| Other comprehensive loss | — | — | — | — | (2,039) | — | — | (2,039) |
| Net income | — | — | — | — | — | 14,623 | 621 | 15,244 |
| BALANCE AT JANUARY 31, 2023 | $33 | $278 | $298,649 | $(106,906) | $(13,711) | $9,795 | $4,876 | $193,014 |
| Six Months Ended January 31, 2023 (in thousands) | ||||||||
|---|---|---|---|---|---|---|---|---|
| IDT Corporation Stockholders | ||||||||
| Class A Common Stock | Class B Common Stock | Additional Paid-In Capital | Treasury Stock | Accumulated Other Comprehensive Loss | (Accumulated Deficit) Retained Earnings | Noncontrolling Interests | Total Equity | |
| BALANCE AT JULY 31, 2022 | $33 | $277 | $296,005 | $(101,565) | $(11,305) | $(15,830) | $3,022 | $170,637 |
| Exercise of stock options | — | — | 172 | — | — | — | — | 172 |
| Repurchases of Class B common stock through repurchase program | — | — | — | (5,006) | — | — | — | (5,006) |
| Restricted Class B common stock purchased from employees | — | — | — | (335) | — | — | — | (335) |
| Stock issued to certain executive officers for bonus payments | — | — | 615 | — | — | — | — | 615 |
| Stock-based compensation | — | 1 | 1,857 | — | — | — | — | 1,858 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (187) | (187) |
| Other comprehensive loss | — | — | — | — | (2,406) | — | — | (2,406) |
| Net income | — | — | — | — | — | 25,625 | 2,041 | 27,666 |
| BALANCE AT JANUARY 31, 2023 | $33 | $278 | $298,649 | $(106,906) | $(13,711) | $9,795 | $4,876 | $193,014 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.