UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
Amendment No. 1
| þ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
| for the Quarterly Period Ended October 31, 2003, |
OR
| ¨ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. |
Commission File Number: 1-16371
IDT CORPORATION
| Delaware | 22-3415036 | |
| (State or other jurisdiction of incorporation or organization) |
(I.R.S. Employer Identification Number) |
| 520 Broad Street, Newark, New Jersey | 07102 | |
| (Address of principal executive offices) | (Zip Code) |
(973) 438-1000
(Registrant’s telephone number, including area code)
Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ No ¨
Indicate by check mark whether the registrant is an accelerated filer (as defined in Rule 12b-2 of the Exchange Act). Yes þ No ¨
(Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date)
Common Stock, $.01 par value—22,067,468 shares outstanding as of December 10, 2003
(excluding 3,007,392 treasury shares)
Class A Common stock, $.01 par value—9,816,988 shares outstanding as of December 10, 2003
Class B Common stock, $.01 par value—51,814,470 shares outstanding as of December 10, 2003
(excluding 6,061,583 treasury shares)
EXPLANATORY NOTE
We are filing this Amendment No. 1 on Form 10-Q/A to our quarterly report for the period ended October 31, 2003 solely for the purpose of amending and restating Item 4 of Part I, Financial Information. In accordance with Rule 12b-15 under the Securities Act of 1934, the complete text of Item 4, as amended is set forth herein. In addition, in connection with the filing of this Amendment No. 1 and pursuant to Rule 12b-15, we are including certain currently dated certifications. The remainder of the Form 10-Q is unchanged and is not reproduced in this Amendment No. 1. The Amendment No. 1 speaks as of the original filing date of the Form 10-Q and does not reflect events occurring after the filing of the original Form 10-Q, or modify or update the disclosures therein in any way other than as required to reflect the amendment set forth below.
| Item 4. | Control and Procedures |
Our Chief Executive Officer and Chief Financial Officer have concluded, based on their evaluation as of the end of the period covered by this report, that our disclosure controls and procedures (as defined in the Securities Exchange Act of 1934 Rules 13a-15(e) and 15d-15(e)) are effective to ensure that information required to be disclosed in the reports that we file or submit under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms. There were no changes in our internal control over financial reporting during the quarter ended October 31, 2003 that have materially affected, or are reasonably likely to materially affect, our internal controls over financial reporting.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| IDT CORPORATION | ||||||||
| February 9, 2004 | By: | /s/ James A. Courter | ||||||
| James A. Courter | ||||||||
| Chief Executive Officer and Vice-Chairman | ||||||||
| (Principal Executive Officer) | ||||||||
| February 9, 2004 | By: | /s/ Stephen R. Brown | ||||||
| Stephen R. Brown | ||||||||
| Chief Financial Officer | ||||||||
| (Principal Financial Officer) | ||||||||
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