| Jul'19 | Jul'18 | Jul'17 | Jul'16 | Jul'15 | Jul'14 | Jul'13 | Jul'12 | Jul'11 | Jul'10 |
|---|---|---|---|---|---|---|---|---|---|
Revenues | |||||||||
1,409 | 1,547 | 1,501 | 1,496 | 1,596 | 1,651 | 1,620 | 1,506 | 1,351 | 1,193 |
Costs and expenses: | |||||||||
Direct cost of revenues (exclusive of depreciation and amortization) | |||||||||
1,174 | 1,306 | 1,275 | - | - | - | - | - | - | - |
Direct cost of revenues (exclusive of depreciation and amortization) | |||||||||
- | - | - | 1,246 | 1,328 | 1,367 | 1,355 | 1,269 | 1,119 | 967 |
Gross profit | |||||||||
- | - | - | - | - | - | - | - | - | 226 |
Selling, general and administrative | |||||||||
204 | 203 | 188 | 204 | 222 | 228 | 218 | 206 | 202 | 194 |
Depreciation and amortization | |||||||||
22 | 22 | 21 | 20 | 18 | 16 | 14 | 16 | 20 | 33 |
Research and development | |||||||||
- | - | - | - | 1 | 10 | 7 | 4 | 2 | 2 |
Severance | |||||||||
1 | 4 | - | 6 | 8 | - | - | - | 1 | - |
Impairment of building and improvements | |||||||||
- | - | - | - | - | - | 4 | 0 | - | - |
Severance and other charges | |||||||||
- | - | - | - | - | - | - | - | - | 4 |
Total costs and expenses | |||||||||
1,402 | 1,536 | 1,485 | 1,478 | 1,579 | 1,622 | 1,600 | 1,497 | 1,346 | 235 |
Other operating expense, net (see Note 9) | |||||||||
-7 | -2 | -10 | - | - | - | - | - | - | - |
Other operating expense, net | |||||||||
- | - | - | -0 | 1 | - | - | - | - | - |
(Adjustment to) gain on sale of member interest in Visa Europe Ltd. | |||||||||
- | - | - | 7 | - | - | - | - | - | - |
Gain on sale of interest in Fabrix Systems Ltd. | |||||||||
- | - | - | - | 76 | 0 | 0 | - | - | - |
Other operating (losses) gains, net | |||||||||
- | - | - | - | - | 0 | 9 | -15 | 2 | 10 |
Income (loss) from operations | |||||||||
-1 | 8 | 5 | 26 | 93 | 29 | 29 | -7 | 7 | 0 |
Interest income, net | |||||||||
0 | 1 | 1 | 1 | -0 | -0 | -0 | -2 | -3 | -4 |
Other income (expense), net | |||||||||
0 | -1 | 0 | 2 | -0 | -4 | 5 | -1 | 3 | 1 |
Income (loss) before income taxes | |||||||||
0 | 8 | 7 | 29 | 92 | 24 | 33 | -11 | 7 | -2 |
Provision for income taxes | |||||||||
0 | 2 | -2 | 4 | 6 | 3 | 15 | -42 | -13 | -8 |
Income from continuing operations | |||||||||
- | - | - | - | - | - | 18 | 30 | 20 | 6 |
(Loss) income from discontinued operations | |||||||||
- | - | - | - | - | - | - | 5 | -1 | 13 |
Income on sale of discontinued operations | |||||||||
- | - | - | - | - | - | - | 2 | 3 | -0 |
Loss from discontinued operations, net of tax | |||||||||
- | - | - | - | - | - | -4 | 7 | 2 | 13 |
Net income (loss) | |||||||||
0 | 5 | 9 | 25 | 86 | 21 | 13 | 38 | 23 | 20 |
Net loss (income) attributable to noncontrolling interests | |||||||||
0 | 0 | 1 | 1 | 1 | 2 | 1 | 0 | -3 | -0 |
Net income (loss) attributable to IDT Corporation | |||||||||
0 | 4 | 8 | 23 | 84 | 18 | 11 | 38 | 26 | 20 |
Income from continuing operations | |||||||||
- | - | - | - | - | - | 16 | 29 | 20 | 5 |
Loss from discontinued operations | |||||||||
- | - | - | - | - | - | -4 | 8 | 6 | 14 |
Net income attributable to IDT Corporation | |||||||||
0 | 4 | 8 | 23 | 84 | - | 11 | 38 | 26 | 20 |
Income from continuing operations | |||||||||
- | - | - | - | - | - | 0.77 | 1.45 | 0.98 | 0.29 |
Loss from discontinued operations | |||||||||
- | - | - | - | - | - | -0.21 | 0.42 | 0.32 | 0.70 |
Basic | |||||||||
0.01 | 0.17 | 0.35 | 1.03 | 3.69 | 0.85 | 0.56 | 1.87 | 1.30 | 0.99 |
Income from continuing operations | |||||||||
- | - | - | - | - | - | 0.72 | 1.36 | 0.90 | 0.28 |
Loss from discontinued operations | |||||||||
- | - | - | - | - | - | -0.20 | 0.39 | 0.29 | 0.66 |
Diluted | |||||||||
0.01 | 0.17 | 0.35 | 1.03 | 3.63 | 0.82 | 0.52 | 1.75 | 1.19 | 0.94 |
Weighted-average number of shares used in calculation of earnings (loss) per share: | |||||||||
Basic | |||||||||
25 | 24 | 23 | 22 | 22 | 22 | 20 | 20 | 20 | 20 |
Diluted | |||||||||
25 | 24 | 23 | 22 | 23 | 22 | 22 | 22 | 22 | 21 |
(i) Stock-based compensation included in selling, general and administrative expenses | |||||||||
2 | 3 | 3 | 2 | 5 | 5 | 5 | - | - | 2 |
(i) Stock-based compensation included in selling, general and administrative expenses | |||||||||
- | - | - | - | - | - | - | 3 | 3 | - |