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Credit Facility
9 Months Ended
Dec. 30, 2012
Line of Credit Facility [Abstract]  
Credit Facility
Credit Facility
The Company has the right to sell to Bank of America up to 1,431 shares of Class A preferred shares of one of its wholly owned subsidiaries (the Subsidiary), in one or more transactions prior to February 14, 2013, for an aggregate purchase price of $135 million in cash under the repurchase agreement entered into with Bank of America in June 2011. As of December 30, 2012, the Company has not sold any preferred stock to Bank of America under this repurchase agreement. Subsequent to December 30, 2012, the Company's Board of Directors determined that it would be in the best interests of IDT to allow this credit facility to lapse undrawn (see note 20).