v3.26.3
Note 6 - Cash, Cash Equivalents, and Restricted Cash and Cash Equivalents
 12 Months Ended
Jul. 31, 2026
Notes to Financial Statements  
Cash and Cash Equivalents Disclosure [Text Block]

Note 6—Cash, Cash Equivalents, and Restricted Cash and Cash Equivalents

 

The following table provides a reconciliation of cash, cash equivalents, and restricted cash and cash equivalents reported in the consolidated balance sheets that equal the total of the same amounts reported in the consolidated statements of cash flows: 

 

(in thousands)

 

 

 

 

 

 

 

 

July 31,

 

2026

 

 

2025

 

Cash and cash equivalents

 

$

220,686

 

 

$

226,505

 

Restricted cash and cash equivalents

 

 

138,650

 

 

 

115,327

 

TOTAL CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AND CASH EQUIVALENTS

 

$

359,336

 

 

$

341,832

 

 

Restricted cash and cash equivalents included the following:

 

(in thousands)

 

 

 

 

 

 

 

 

July 31,

 

2026

 

 

2025

 

IDT Financial Services (Gibraltar)

 

$

97,921

 

 

$

104,161

 

IDT Services (Malta)

 

 

21,867

 

 

$

—

 

Disbursement Payments VIE

 

 

18,102

 

 

 

11,000

 

Other

 

 

759

 

 

 

166

 

TOTAL RESTRICTED CASH AND CASH EQUIVALENTS

 

$

138,650

 

 

$

115,327

 

 

Certain of the electronic money financial services regulations in Gibraltar require IDT Financial Services to safeguard cash held for customer deposits, segregate cash held for customer deposits from any other cash that IDT Financial Services holds, and utilize the cash only for the intended payment transaction. In addition, the Disbursement Payments VIE is contractually required to use customer funds only for the customers’ pending money disbursements. IDT Services (IDTS) is subject to similar regulatory obligations under the Maltese financial services regulations, which also mandate the safeguarding of electronic money, the segregation of the cash held for customer deposits from any other cash that IDTS holds, and the use of that cash only for the intended payment transaction.