IDT CORP
For the period ended Apr 30, 2024. Filed Jun 10, 2024.
View on SEC.govAbout this filing
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.
Apr 30, 2024 · Filed Jun 10, 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 April 30, 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 JANUARY 31, 2024 | $33 | $281 | $300,631 | $(118,631) | $(17,276) | $46,746 | $8,103 | $219,887 |
| Dividends declared ($0.05 per share) | — | — | — | — | — | (1,269) | — | (1,269) |
| Repurchases of Class B common stock through repurchase program | — | — | — | (2,520) | — | — | — | (2,520) |
| Restricted Class B common stock purchased from employees | — | — | — | (1,517) | — | — | — | (1,517) |
| Stock issued to an executive officer for bonus payment | — | — | 1,495 | — | — | — | — | 1,495 |
| Business acquisition holdback payment | — | — | 100 | — | — | — | — | 100 |
| Stock-based compensation | — | 1 | 829 | — | — | — | — | 830 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (3) | (3) |
| Other comprehensive income | — | — | — | — | 33 | — | — | 33 |
| Net income | — | — | — | — | — | 5,551 | 693 | 6,244 |
| BALANCE AT APRIL 30, 2024 | $33 | $282 | $303,055 | $(122,668) | $(17,243) | $51,028 | $8,793 | $223,280 |
| Nine Months Ended April 30, 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 |
| Dividends declared ($0.05 per share) | — | — | — | — | — | (1,269) | — | (1,269) |
| Exercise of stock options | — | — | 172 | — | — | — | — | 172 |
| Repurchases of Class B common stock through repurchase program | — | — | — | (5,675) | — | — | — | (5,675) |
| Restricted Class B common stock purchased from employees | — | — | — | (1,532) | — | — | — | (1,532) |
| 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 issued to an executive officer for bonus payment | — | — | 1,495 | — | — | — | — | 1,495 |
| Business acquisition holdback payment | — | — | 100 | — | — | — | — | 100 |
| Stock-based compensation | — | 1 | 3,410 | — | — | — | — | 3,411 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (62) | (62) |
| Other comprehensive loss | — | — | — | — | (51) | — | — | (51) |
| Net income | — | — | — | — | — | 27,635 | 2,618 | 30,253 |
| BALANCE AT APRIL 30, 2024 | $33 | $282 | $303,055 | $(122,668) | $(17,243) | $51,028 | $8,793 | $223,280 |
CONSOLIDATED STATEMENTS OF EQUITY—Continued
| Three Months Ended April 30, 2023 (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 JANUARY 31, 2023 | $33 | $278 | $298,649 | $(106,906) | $(13,711) | $9,795 | $4,876 | $193,014 |
| Repurchases of Class B common stock through repurchase program | — | — | — | (2,500) | — | — | — | (2,500) |
| Restricted Class B common stock purchased from employees | — | — | — | (4) | — | — | — | (4) |
| Stock-based compensation | — | — | 1,679 | — | — | — | — | 1,679 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (106) | (106) |
| Other comprehensive loss | — | — | — | — | (764) | — | — | (764) |
| Net income | — | — | — | — | — | 6,890 | 794 | 7,684 |
| BALANCE AT APRIL 30, 2023 | $33 | $278 | $300,328 | $(109,410) | $(14,475) | $16,685 | $5,564 | $199,003 |
| Nine Months Ended April 30, 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 | — | — | — | (7,506) | — | — | — | (7,506) |
| Restricted Class B common stock purchased from employees | — | — | — | (339) | — | — | — | (339) |
| Stock issued to certain executive officers for bonus payments | — | — | 615 | — | — | — | — | 615 |
| Stock-based compensation | — | 1 | 3,536 | — | — | — | — | 3,537 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (293) | (293) |
| Other comprehensive loss | — | — | — | — | (3,170) | — | — | (3,170) |
| Net income | — | — | — | — | — | 32,515 | 2,835 | 35,350 |
| BALANCE AT APRIL 30, 2023 | $33 | $278 | $300,328 | $(109,410) | $(14,475) | $16,685 | $5,564 | $199,003 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.