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Subsequent Events
9 Months Ended
Dec. 30, 2012
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events
Subsequent to December 30, 2012, the Company's Board of Directors determined that it would be in the best interests of IDT to allow its credit facility with Bank of America (see note 19) to lapse undrawn. The credit facility will lapse on February 14, 2013 if funds are undrawn. Associated with this credit facility, the Company has $2.6 million in remaining unamortized financing costs which have been recorded as other current assets. The Company expects to recognize these financing costs in the fourth quarter of fiscal 2013 as other non-operating expense.

On January 14, 2013, the Internal Revenue Service notified the Company that they will be auditing the Company's fiscal years 2011 and 2012.