2017 Q3 Form 10-K Financial Statement

#000126165417000046 Filed on December 01, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2017 2016 Q3
Revenue $81.33M $324.3M $86.92M
YoY Change -6.43% -6.59% -4.12%
Cost Of Revenue $21.20M $82.30M $21.60M
YoY Change -1.85% -5.62% -12.9%
Gross Profit $60.10M $242.0M $65.30M
YoY Change -7.96% -6.89% -0.91%
Gross Profit Margin 73.9% 74.63% 75.13%
Selling, General & Admin $60.60M $145.1M $69.80M
YoY Change -13.18% -15.35% 5.6%
% of Gross Profit 100.83% 59.94% 106.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.470M $14.20M $3.710M
YoY Change -6.47% -5.73% -9.95%
% of Gross Profit 5.77% 5.87% 5.68%
Operating Expenses $61.20M $326.1M $70.50M
YoY Change -13.19% -10.85% 5.7%
Operating Profit -$1.114M -$1.824M -$5.210M
YoY Change -78.62% -90.21% -60.62%
Interest Expense -$300.0K $3.381M -$700.0K
YoY Change -57.14% -1.69% 40.0%
% of Operating Profit
Other Income/Expense, Net $400.0K -$907.0K -$500.0K
YoY Change -180.0% -68.76% 150.0%
Pretax Income -$1.100M -$2.731M -$6.400M
YoY Change -82.81% -87.31% -53.96%
Income Tax -$300.0K $5.397M $2.500M
% Of Pretax Income
Net Earnings -$757.0K -$8.128M -$8.945M
YoY Change -91.54% -82.96% -8.94%
Net Earnings / Revenue -0.93% -2.51% -10.29%
Basic Earnings Per Share -$0.08 -$0.54 -$0.42
Diluted Earnings Per Share -$0.08 -$0.54 -$0.42
COMMON SHARES
Basic Shares Outstanding 24.76M shares 24.71M shares 24.35M shares
Diluted Shares Outstanding 24.71M shares

Balance Sheet

Concept 2017 Q3 2017 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $97.90M $97.90M $120.7M
YoY Change -18.89% -18.89% 109.91%
Cash & Equivalents $50.14M $50.10M $119.0M
Short-Term Investments $47.80M $47.80M $1.700M
Other Short-Term Assets $9.395M $33.70M $26.00M
YoY Change -63.87% 29.62% -7.8%
Inventory
Prepaid Expenses $9.495M
Receivables $15.20M $11.60M $15.25M
Other Receivables $3.626M $3.600M $3.333M
Total Short-Term Assets $146.8M $146.8M $161.9M
YoY Change -9.34% -9.33% 49.87%
LONG-TERM ASSETS
Property, Plant & Equipment $106.7M $106.7M $114.0M
YoY Change -6.46% -6.4% -8.14%
Goodwill $9.005M $9.005M
YoY Change 0.0% 9.52%
Intangibles
YoY Change
Long-Term Investments $4.206M $4.112M
YoY Change 2.29% 3.16%
Other Assets $11.61M $11.60M $12.17M
YoY Change -4.64% -4.92% 2.18%
Total Long-Term Assets $127.3M $127.3M $135.2M
YoY Change -5.87% -5.91% -18.67%
TOTAL ASSETS
Total Short-Term Assets $146.8M $146.8M $161.9M
Total Long-Term Assets $127.3M $127.3M $135.2M
Total Assets $274.1M $274.1M $297.2M
YoY Change -7.76% -7.77% 8.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.515M $9.500M $11.81M
YoY Change -19.4% -19.49% -18.57%
Accrued Expenses $11.35M $30.70M $8.239M
YoY Change 37.81% -8.9% -22.19%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.100M $1.100M $900.0K
YoY Change 22.22% 22.22% 28.57%
Total Short-Term Liabilities $86.39M $86.40M $94.56M
YoY Change -8.64% -8.67% -2.0%
LONG-TERM LIABILITIES
Long-Term Debt $42.00M $42.00M $43.10M
YoY Change -2.55% -2.55% -2.27%
Other Long-Term Liabilities $9.874M $16.80M $10.72M
YoY Change -7.86% -14.72% 13.3%
Total Long-Term Liabilities $9.874M $58.80M $10.72M
YoY Change -7.86% -6.37% 13.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $86.39M $86.40M $94.56M
Total Long-Term Liabilities $9.874M $58.80M $10.72M
Total Liabilities $148.3M $148.3M $160.5M
YoY Change -7.61% -7.6% -0.18%
SHAREHOLDERS EQUITY
Retained Earnings -$30.83M -$17.45M
YoY Change 76.65% -153.48%
Common Stock $185.1M $182.6M
YoY Change 1.38% 2.48%
Preferred Stock $68.85M $68.82M
YoY Change 0.05%
Treasury Stock (at cost) $97.39M $97.39M
YoY Change 0.0% 0.0%
Treasury Stock Shares 6.865M shares 6.865M shares
Shareholders Equity $125.8M $125.8M $136.6M
YoY Change
Total Liabilities & Shareholders Equity $274.1M $274.1M $297.2M
YoY Change -7.76% -7.77% 8.33%

Cashflow Statement

Concept 2017 Q3 2017 2016 Q3
OPERATING ACTIVITIES
Net Income -$757.0K -$8.128M -$8.945M
YoY Change -91.54% -82.96% -8.94%
Depreciation, Depletion And Amortization $3.470M $14.20M $3.710M
YoY Change -6.47% -5.73% -9.95%
Cash From Operating Activities $30.99M $1.146M $18.21M
YoY Change 70.18% -84.48% 116.53%
INVESTING ACTIVITIES
Capital Expenditures -$1.950M $8.190M -$800.0K
YoY Change 143.75% 9.27% -89.04%
Acquisitions
YoY Change
Other Investing Activities -$1.650M -$45.66M $710.0K
YoY Change -332.39% -279.62% -96.18%
Cash From Investing Activities -$3.600M -$54.43M -$90.00K
YoY Change 3900.0% -413.77% -100.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.460M -$6.758M -2.320M
YoY Change 49.14% -110.42% 103.51%
NET CHANGE
Cash From Operating Activities 30.99M $1.146M 18.21M
Cash From Investing Activities -3.600M -$54.43M -90.00K
Cash From Financing Activities -3.460M -$6.758M -2.320M
Net Change In Cash 23.93M -$60.04M 15.80M
YoY Change 51.46% -167.0% -14.82%
FREE CASH FLOW
Cash From Operating Activities $30.99M $1.146M $18.21M
Capital Expenditures -$1.950M $8.190M -$800.0K
Free Cash Flow $32.94M -$7.044M $19.01M
YoY Change 73.28% 6245.95% 21.01%

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CY2017Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
5017000 USD
CY2016Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
1213000 USD
CY2017Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
455000 USD
CY2016Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
32828000 USD
CY2017Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
38407000 USD
CY2016Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
3141000 USD
CY2017Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
3141000 USD
CY2016Q3 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
3141000 USD
CY2017Q3 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
3141000 USD
CY2016Q3 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
1825000 USD
CY2017Q3 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
2383000 USD
CY2015 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
200000 USD
CY2016 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
700000 USD
CY2017 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
900000 USD
CY2015 us-gaap Depreciation
Depreciation
16500000 USD
CY2016 us-gaap Depreciation
Depreciation
17300000 USD
CY2017 us-gaap Depreciation
Depreciation
16900000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
17294000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15067000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14204000 USD
CY2015 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
7795000 USD
CY2016 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
972000 USD
CY2016 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
1424000 USD
CY2016 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
1400000 USD
CY2017 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
5250000 USD
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.38
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.32
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.42
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.02
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.38
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.32
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.42
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.02
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.12
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.12
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-10681000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-21526000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2731000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
527000 USD
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.54
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2016Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
22501000 USD
CY2017Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
16612000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1629000 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1873000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1144000 USD
CY2015 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2016 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
815000 USD
CY2017 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2012Q3 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.28
CY2012Q3 us-gaap Equity Method Investments
EquityMethodInvestments
4000000 USD
CY2012Q3 us-gaap Equity Method Investments
EquityMethodInvestments
4000000 USD
CY2015Q3 us-gaap Equity Method Investments
EquityMethodInvestments
3986000 USD
CY2016Q3 us-gaap Equity Method Investments
EquityMethodInvestments
4036000 USD
CY2017Q3 us-gaap Equity Method Investments
EquityMethodInvestments
4112000 USD
CY2015Q3 us-gaap Goodwill
Goodwill
8222000 USD
CY2016Q3 us-gaap Goodwill
Goodwill
9005000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
9000000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
9005000 USD
CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
12357000 USD
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2017Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
47800000 USD
CY2016Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
0 USD
CY2017Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
0 USD
CY2016Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
0 USD
CY2017Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
4000 USD
CY2016Q3 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
1691000 USD
CY2017Q3 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
7759000 USD
CY2016Q3 us-gaap Held To Maturity Securities Current
HeldToMaturitySecuritiesCurrent
1691000 USD
CY2017Q3 us-gaap Held To Maturity Securities Current
HeldToMaturitySecuritiesCurrent
7759000 USD
CY2016Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
1691000 USD
CY2017Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
7755000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
342000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
484000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1532000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26170000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5397000 USD
CY2016Q3 us-gaap Income Tax Receivable
IncomeTaxReceivable
2207000 USD
CY2017Q3 us-gaap Income Tax Receivable
IncomeTaxReceivable
0 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
128000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
34184000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
6192000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-3738000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-7534000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-956000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1572000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
51000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
0 USD
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
241000 USD
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
0 USD
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-141000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
265000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-531000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
302000 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
7010000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
1636000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
2700000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2705000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1855000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4759000 USD
CY2015 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-1672000 USD
CY2016 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-202000 USD
CY2017 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-3153000 USD
CY2015 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-3149000 USD
CY2016 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-3394000 USD
CY2017 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
2697000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
677000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
127000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-84000 USD
CY2015 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-490000 USD
CY2016 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
476000 USD
CY2017 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-726000 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1065000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2009000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-692000 USD
CY2015 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
11443000 USD
CY2016 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-8202000 USD
CY2017 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
2976000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-607000 USD
CY2016 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
289000 USD
CY2017 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-2258000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-60000 USD
CY2016 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-165000 USD
CY2017 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
11126000 USD
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2015 us-gaap Interest Expense
InterestExpense
2340000 USD
CY2016 us-gaap Interest Expense
InterestExpense
3439000 USD
CY2017 us-gaap Interest Expense
InterestExpense
3381000 USD
CY2015 us-gaap Interest Paid
InterestPaid
2340000 USD
CY2016 us-gaap Interest Paid
InterestPaid
3439000 USD
CY2017 us-gaap Interest Paid
InterestPaid
3382000 USD
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
215000 USD
CY2016 us-gaap Investment Income Interest
InvestmentIncomeInterest
243000 USD
CY2017 us-gaap Investment Income Interest
InvestmentIncomeInterest
900000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
160545000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
148326000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
297159000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
274102000 USD
CY2016Q3 us-gaap Liabilities Current
LiabilitiesCurrent
94560000 USD
CY2017Q3 us-gaap Liabilities Current
LiabilitiesCurrent
86389000 USD
CY2015 us-gaap Loan Processing Fee
LoanProcessingFee
1400000 USD
CY2016 us-gaap Loan Processing Fee
LoanProcessingFee
1500000 USD
CY2017 us-gaap Loan Processing Fee
LoanProcessingFee
1300000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-15111000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
64876000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6758000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2678000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
17347000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-52171000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8242000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7384000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-9978000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
-9149000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
-1680000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
-32002000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-5069000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
-8945000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
-47696000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
-1724000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
-1730000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
-3917000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
-757000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
-8128000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
532000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
527000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
484000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9149000 USD
CY2015 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
6619000 USD
CY2016 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
0 USD
CY2017 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
0 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
7310000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1457000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 USD
CY2015 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
CY2016 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1424000 USD
CY2017 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
5250000 USD
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
519000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
393000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
595000 USD
CY2015 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
CY2016 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
1500000 USD
CY2017 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
CY2015 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
26061000 USD
CY2016 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
0 USD
CY2017 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
9672000 USD
CY2015 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
453000 USD
CY2016 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
575000 USD
CY2017 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
575000 USD
CY2015 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
0 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3000 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
22000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-49120000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13378000 USD
CY2015 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1458000 USD
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2903000 USD
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-907000 USD
CY2015 us-gaap Operating Expenses
OperatingExpenses
371897000 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
365769000 USD
CY2017 us-gaap Operating Expenses
OperatingExpenses
326087000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
-9223000 USD
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-2193000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-5770000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-5450000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-5210000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
-18623000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1387000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
687000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-2784000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1114000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
-1824000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
127659000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
27351000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
1556000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
18470000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
20095000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
22657000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
26741000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
12345000 USD
CY2015 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
28000000 USD
CY2016 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
27900000 USD
CY2017 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
27800000 USD
CY2016Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
12172000 USD
CY2017Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
11607000 USD
CY2016Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3673000 USD
CY2017Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3210000 USD
CY2016Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
10716000 USD
CY2017Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
9874000 USD
CY2015 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-24000 USD
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-24000 USD
CY2017 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-17000 USD
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
140000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-49000 USD
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1090000 USD
CY2016Q3 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
3333000 USD
CY2017Q3 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
3626000 USD
CY2017 us-gaap Payments For Postemployment Benefits
PaymentsForPostemploymentBenefits
4736000 USD
CY2016 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
1000000 USD
CY2017 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
0 USD
CY2015 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
CY2016 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
CY2017 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
42696000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
29030000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7495000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8190000 USD
CY2016Q3 us-gaap Postemployment Benefits Liability Current And Noncurrent
PostemploymentBenefitsLiabilityCurrentAndNoncurrent
4235000 USD
CY2017Q3 us-gaap Postemployment Benefits Liability Current And Noncurrent
PostemploymentBenefitsLiabilityCurrentAndNoncurrent
631000 USD
CY2016Q4 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
1300000 USD
CY2017 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
1882000 USD
CY2015 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2016 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1424000 USD
CY2017 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5250000 USD
CY2016Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2017Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2017Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2016Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2016Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
700000 shares
CY2016Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
700000 shares
CY2017Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
700000 shares
CY2016Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
700000 shares
CY2017 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
3565000 USD
CY2017Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
700000 shares
CY2016Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
20004000 USD
CY2017Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
18890000 USD
CY2015 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
464000 USD
CY2016 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
475000 USD
CY2017 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
390000 USD
CY2015 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
CY2016 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
68886000 USD
CY2017 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
CY2015 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
51792000 USD
CY2016 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
27709000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2000 USD
CY2015 us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
0 USD
CY2016 us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
0 USD
CY2017 us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
2747000 USD
CY2016Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
285917000 USD
CY2017Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
290354000 USD
CY2016Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
114033000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
106664000 USD
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1589000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1153000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
827000 USD
CY2015 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
663000 USD
CY2016 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
736000 USD
CY2017 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
913000 USD
CY2016Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
5956000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
14822000 USD
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-17454000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-30832000 USD
CY2015 us-gaap Sales Revenue Net
SalesRevenueNet
362674000 USD
CY2015Q4 us-gaap Sales Revenue Net
SalesRevenueNet
89773000 USD
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
88192000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
82266000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
86915000 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
347146000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
84179000 USD
CY2017Q1 us-gaap Sales Revenue Net
SalesRevenueNet
82497000 USD
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
76258000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
81329000 USD
CY2017 us-gaap Sales Revenue Net
SalesRevenueNet
324263000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
165124000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
171374000 USD
CY2017 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
145060000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
4265000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
4904000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
2945000 USD
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
0 USD
CY2016 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
0 USD
CY2017 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
0 USD
CY2011Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
25000000 USD
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1677570 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
15300000 USD
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
133192000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
113475000 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
136614000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
125776000 USD
CY2017 uti Tuition And Interest Income Actual Cash Receipts
TuitionAndInterestIncomeActualCashReceipts
8005000 USD
uti Tuition And Interest Income Excluded
TuitionAndInterestIncomeExcluded
162478000 USD
CY2017Q3 us-gaap Supplemental Unemployment Benefits Severance Benefits
SupplementalUnemploymentBenefitsSeveranceBenefits
9600000 USD
CY2016Q3 us-gaap Trading Securities
TradingSecurities
0 USD
CY2017Q3 us-gaap Trading Securities
TradingSecurities
40020000 USD
CY2017 us-gaap Trading Securities Unrealized Holding Gain
TradingSecuritiesUnrealizedHoldingGain
100000 USD
CY2015 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
0 USD
CY2016 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
0 USD
CY2017 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
89000 USD
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
9.09
CY2016Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
6864897 shares
CY2017Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
6864897 shares
CY2016Q3 us-gaap Treasury Stock Value
TreasuryStockValue
97388000 USD
CY2017Q3 us-gaap Treasury Stock Value
TreasuryStockValue
97388000 USD
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
6619000 USD
CY2014Q3 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
273000 USD
CY2015Q3 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
401000 USD
CY2016Q3 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
32828000 USD
CY2017Q3 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
38407000 USD
CY2015 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
0 USD
CY2016 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
1757000 USD
CY2017 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
613000 USD
CY2016 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
1800000 USD
CY2015 us-gaap Valuation Allowances And Reserves Period Increase Decrease
ValuationAllowancesAndReservesPeriodIncreaseDecrease
128000 USD
CY2016 us-gaap Valuation Allowances And Reserves Period Increase Decrease
ValuationAllowancesAndReservesPeriodIncreaseDecrease
34184000 USD
CY2017 us-gaap Valuation Allowances And Reserves Period Increase Decrease
ValuationAllowancesAndReservesPeriodIncreaseDecrease
6192000 USD
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24391000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24313000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24712000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24391000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24313000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24712000 shares
CY2016Q3 uti Accrued Tool Sets
AccruedToolSets
2938000 USD
CY2017Q3 uti Accrued Tool Sets
AccruedToolSets
2764000 USD
uti Aggregate Tuition And Interest Income Excluded During Period
AggregateTuitionAndInterestIncomeExcludedDuringPeriod
133387000 USD
CY2015 uti Aggregate Tuition And Interest Income Excluded During Period
AggregateTuitionAndInterestIncomeExcludedDuringPeriod
18752000 USD
CY2016 uti Aggregate Tuition And Interest Income Excluded During Period
AggregateTuitionAndInterestIncomeExcludedDuringPeriod
15456000 USD
CY2017 uti Aggregate Tuition And Interest Income Excluded During Period
AggregateTuitionAndInterestIncomeExcludedDuringPeriod
11759000 USD
CY2017Q3 uti Amount Of Loans Committed To Provide
AmountOfLoansCommittedToProvide
153600000 USD
CY2015Q3 uti Amounts Outstanding Under Our Proprietary Loan Program
AmountsOutstandingUnderOurProprietaryLoanProgram
74664000 USD
CY2016Q3 uti Amounts Outstanding Under Our Proprietary Loan Program
AmountsOutstandingUnderOurProprietaryLoanProgram
75511000 USD
CY2017Q3 uti Amounts Outstanding Under Our Proprietary Loan Program
AmountsOutstandingUnderOurProprietaryLoanProgram
66011000 USD
CY2015 uti Capital Lease Obligations Incurredon Buildings During Construction Periods
CapitalLeaseObligationsIncurredonBuildingsDuringConstructionPeriods
-4825000 USD
CY2016 uti Capital Lease Obligations Incurredon Buildings During Construction Periods
CapitalLeaseObligationsIncurredonBuildingsDuringConstructionPeriods
0 USD
CY2017 uti Capital Lease Obligations Incurredon Buildings During Construction Periods
CapitalLeaseObligationsIncurredonBuildingsDuringConstructionPeriods
0 USD
CY2015 uti Change In Accrued Capital Expenditures
ChangeInAccruedCapitalExpenditures
435000 USD
CY2016 uti Change In Accrued Capital Expenditures
ChangeInAccruedCapitalExpenditures
1792000 USD
CY2017 uti Change In Accrued Capital Expenditures
ChangeInAccruedCapitalExpenditures
-187000 USD
CY2017 uti Common Stock Number Of Voting Rights Per Share
CommonStockNumberOfVotingRightsPerShare
1
CY2017 uti Deferred Compensation Arrangement Maximum Contribution Per Employee Percentage Of Incentive Compensation
DeferredCompensationArrangementMaximumContributionPerEmployeePercentageOfIncentiveCompensation
1
CY2017 uti Deferred Compensation Arrangement Maximum Contribution Per Employee Percentage Of Regular Compensation
DeferredCompensationArrangementMaximumContributionPerEmployeePercentageOfRegularCompensation
0.75
CY2017 uti Deferred Compensation Arrangement With Individual Maximum Annual Deferrals Of Cash Compensation Per Individual Percent
DeferredCompensationArrangementWithIndividualMaximumAnnualDeferralsOfCashCompensationPerIndividualPercent
1.00
CY2017 uti Deferred Compensation Arrangement With Individual Vesting Period
DeferredCompensationArrangementWithIndividualVestingPeriod
P5Y
CY2017Q3 uti Deferred Tax Assets Related To State Net Operating Loss And Credit Carryforwards
DeferredTaxAssetsRelatedToStateNetOperatingLossAndCreditCarryforwards
2000000 USD
CY2016Q3 uti Deferred Tax Assets Tax Deferred Expense Accruedtoolsets
DeferredTaxAssetsTaxDeferredExpenseAccruedtoolsets
1188000 USD
CY2017Q3 uti Deferred Tax Assets Tax Deferred Expense Accruedtoolsets
DeferredTaxAssetsTaxDeferredExpenseAccruedtoolsets
1111000 USD
CY2016Q3 uti Deferredtaxassetsdeductionslimitedby Section382
DeferredtaxassetsdeductionslimitedbySection382
592000 USD
CY2017Q3 uti Deferredtaxassetsdeductionslimitedby Section382
DeferredtaxassetsdeductionslimitedbySection382
943000 USD
CY2014Q4 uti Depreciationoftrainingequipmentobtainedinexchangeforservices
Depreciationoftrainingequipmentobtainedinexchangeforservices
1200000 USD
CY2015 uti Depreciationoftrainingequipmentobtainedinexchangeforservices
Depreciationoftrainingequipmentobtainedinexchangeforservices
1168000 USD
CY2015Q4 uti Depreciationoftrainingequipmentobtainedinexchangeforservices
Depreciationoftrainingequipmentobtainedinexchangeforservices
1300000 USD
CY2016 uti Depreciationoftrainingequipmentobtainedinexchangeforservices
Depreciationoftrainingequipmentobtainedinexchangeforservices
1342000 USD
CY2017 uti Depreciationoftrainingequipmentobtainedinexchangeforservices
Depreciationoftrainingequipmentobtainedinexchangeforservices
1300000 USD
CY2017 uti Depreciationoftrainingequipmentobtainedinexchangeforservices
Depreciationoftrainingequipmentobtainedinexchangeforservices
1283000 USD
CY2015 uti Educational Services And Facilities
EducationalServicesAndFacilities
194416000 USD
CY2016 uti Educational Services And Facilities
EducationalServicesAndFacilities
194395000 USD
CY2017 uti Educational Services And Facilities
EducationalServicesAndFacilities
181027000 USD
CY2015 uti Equityinterestininvesteesunrealizedgainslossesonhedgingderivativesnetoftaxes
Equityinterestininvesteesunrealizedgainslossesonhedgingderivativesnetoftaxes
20000 USD
CY2016 uti Equityinterestininvesteesunrealizedgainslossesonhedgingderivativesnetoftaxes
Equityinterestininvesteesunrealizedgainslossesonhedgingderivativesnetoftaxes
-2000 USD
CY2017 uti Equityinterestininvesteesunrealizedgainslossesonhedgingderivativesnetoftaxes
Equityinterestininvesteesunrealizedgainslossesonhedgingderivativesnetoftaxes
-18000 USD
CY2017 uti Expiration Period Of Postemployment Benefits Agreements
ExpirationPeriodOfPostemploymentBenefitsAgreements
2018-11
CY2015 uti Increase Decrease In Accrued Tool Sets And Other Current Liabilities
IncreaseDecreaseInAccruedToolSetsAndOtherCurrentLiabilities
-1678000 USD
CY2016 uti Increase Decrease In Accrued Tool Sets And Other Current Liabilities
IncreaseDecreaseInAccruedToolSetsAndOtherCurrentLiabilities
-489000 USD
CY2017 uti Increase Decrease In Accrued Tool Sets And Other Current Liabilities
IncreaseDecreaseInAccruedToolSetsAndOtherCurrentLiabilities
-556000 USD
CY2015 uti Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
-753000 USD
CY2016 uti Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
-1835000 USD
CY2017 uti Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
-2100000 USD
CY2016Q3 uti Liability To Vendor For Vouchers Redeemed By Students
LiabilityToVendorForVouchersRedeemedByStudents
1500000 USD
CY2017Q3 uti Liability To Vendor For Vouchers Redeemed By Students
LiabilityToVendorForVouchersRedeemedByStudents
1700000 USD
CY2016 uti Loans Extended During Period Under Our Proprietary Loan Program
LoansExtendedDuringPeriodUnderOurProprietaryLoanProgram
19341000 USD
CY2017 uti Loans Extended During Period Under Our Proprietary Loan Program
LoansExtendedDuringPeriodUnderOurProprietaryLoanProgram
13391000 USD
CY2017 uti Maximum Licensecostsoversevenyears
MaximumLicensecostsoversevenyears
2300000 USD
CY2017 uti Maximum Maturity Period Of Liquid Investment
MaximumMaturityPeriodOfLiquidInvestment
P90D
CY2016Q3 uti Net Prepaid Expenses From Excess Of Credits Earned Over Credits Used
NetPrepaidExpensesFromExcessOfCreditsEarnedOverCreditsUsed
7100000 USD
CY2017Q3 uti Net Prepaid Expenses From Excess Of Credits Earned Over Credits Used
NetPrepaidExpensesFromExcessOfCreditsEarnedOverCreditsUsed
7900000 USD
CY2017 uti Number Of Campus Properties Leased From Related Party
NumberOfCampusPropertiesLeasedFromRelatedParty
1 Campus
CY2017Q3 uti Number Of Campuses
NumberOfCampuses
12 Campus
CY2011Q4 uti Number Of Existing Share Repurchase Plan
NumberOfExistingShareRepurchasePlan
2 plan
CY2016Q4 uti Number Of Impacted Employees Due To Reduction In Workforce
NumberOfImpactedEmployeesDueToReductionInWorkforce
75 employees
CY2017Q3 uti Operating Leases Future Minimum Payments Due Future Min.Sublease Rentalsdueintwoyears
OperatingLeasesFutureMinimumPaymentsDueFutureMin.SubleaseRentalsdueintwoyears
660000 USD
CY2017Q3 uti Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentalsdueinfiveyears
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsdueinfiveyears
0 USD
CY2017Q3 uti Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentalsdueinfouryears
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsdueinfouryears
0 USD
CY2017Q3 uti Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentalsdueinthreeyears
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsdueinthreeyears
239000 USD
CY2016 uti Tuition And Interest Income Actual Cash Receipts
TuitionAndInterestIncomeActualCashReceipts
7166000 USD
CY2015 uti Tuition And Interest Income Excluded
TuitionAndInterestIncomeExcluded
24192000 USD
CY2016 uti Tuition And Interest Income Excluded
TuitionAndInterestIncomeExcluded
22622000 USD
CY2017 uti Tuition And Interest Income Excluded
TuitionAndInterestIncomeExcluded
19764000 USD
CY2017 uti Sharebased Compensation Vestingof Awards Classifiedas Liability Instruments Noncash
SharebasedCompensationVestingofAwardsClassifiedasLiabilityInstrumentsNoncash
175000 USD
CY2015 uti Total Depreciationand Amortization
TotalDepreciationandAmortization
19155000 USD
CY2016 uti Total Depreciationand Amortization
TotalDepreciationandAmortization
17749000 USD
CY2017 uti Total Depreciationand Amortization
TotalDepreciationandAmortization
16886000 USD
CY2015 uti Training Equipment Credits Earned Used
TrainingEquipmentCreditsEarnedUsed
-899000 USD
CY2016 uti Tuition And Interest Amounts Written Off
TuitionAndInterestAmountsWrittenOff
15216000 USD
CY2017 uti Tuition And Interest Amounts Written Off
TuitionAndInterestAmountsWrittenOff
18337000 USD
uti Tuition And Interest Income Actual Cash Receipts
TuitionAndInterestIncomeActualCashReceipts
29091000 USD
CY2015 uti Tuition And Interest Income Actual Cash Receipts
TuitionAndInterestIncomeActualCashReceipts
5440000 USD
CY2017Q3 uti Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentalsduethereafter
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsduethereafter
0 USD
CY2017Q3 uti Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentalsduewithin
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsduewithin
657000 USD
CY2017Q3 uti Operating Leases Future Minimum Payments Due Gross Total
OperatingLeasesFutureMinimumPaymentsDueGrossTotal
129215000 USD
CY2017Q3 uti Operating Leases Future Minimum Payments Due Next Twelve Months Gross
OperatingLeasesFutureMinimumPaymentsDueNextTwelveMonthsGross
28008000 USD
CY2017Q3 uti Operating Leases Future Minimum Payments Duein Five Years Gross
OperatingLeasesFutureMinimumPaymentsDueinFiveYearsGross
18470000 USD
CY2017Q3 uti Operating Leases Future Minimum Payments Duein Four Years Gross
OperatingLeasesFutureMinimumPaymentsDueinFourYearsGross
20095000 USD
CY2017Q3 uti Operating Leases Future Minimum Payments Duein Three Years Gross
OperatingLeasesFutureMinimumPaymentsDueinThreeYearsGross
22896000 USD
CY2017Q3 uti Operating Leases Future Minimum Payments Duein Two Years Gross
OperatingLeasesFutureMinimumPaymentsDueinTwoYearsGross
27401000 USD
CY2015 uti Operating Leases Rent Expense Paid To Related Parties
OperatingLeasesRentExpensePaidToRelatedParties
2100000 USD
CY2016 uti Operating Leases Rent Expense Paid To Related Parties
OperatingLeasesRentExpensePaidToRelatedParties
2000000 USD
CY2017 uti Operating Leases Rent Expense Paid To Related Parties
OperatingLeasesRentExpensePaidToRelatedParties
2000000 USD
CY2017 uti Percentage Of Cash Basis Revenue Collected From Funds Distributed Under Title Iv Programs
PercentageOfCashBasisRevenueCollectedFromFundsDistributedUnderTitleIvPrograms
0.65
CY2017 uti Percentageof Cash Basis Revenue Collectedfrom Funds Distributed Under Title Iv Programs As Calculatedunderthe9010 Rule
PercentageofCashBasisRevenueCollectedfromFundsDistributedUnderTitleIVProgramsAsCalculatedunderthe9010Rule
0.71
CY2017 uti Percentageof Cash Basis Revenue Collectedfrom Funds Distributed Under Veterans Benefits Programs
PercentageofCashBasisRevenueCollectedfromFundsDistributedUnderVeteransBenefitsPrograms
0.19
CY2017 uti Post Employment Benefits Other Non Cash Settlement Increase Decrease
PostEmploymentBenefitsOtherNonCashSettlementIncreaseDecrease
-750000 USD
CY2016 uti Proprietary Loan Program Interest Accrued During Period
ProprietaryLoanProgramInterestAccruedDuringPeriod
3888000 USD
CY2017 uti Proprietary Loan Program Interest Accrued During Period
ProprietaryLoanProgramInterestAccruedDuringPeriod
3451000 USD
CY2015 uti Revenue Consisted Of Tuition
RevenueConsistedOfTuition
0.98
CY2016 uti Revenue Consisted Of Tuition
RevenueConsistedOfTuition
0.98
CY2017 uti Revenue Consisted Of Tuition
RevenueConsistedOfTuition
0.98
CY2015 uti Sharebased Compensation Liability Noncash
SharebasedCompensationLiabilityNoncash
0 USD
CY2016 uti Sharebased Compensation Liability Noncash
SharebasedCompensationLiabilityNoncash
175000 USD
CY2017 uti Sharebased Compensation Liability Noncash
SharebasedCompensationLiabilityNoncash
0 USD
CY2015 uti Sharebased Compensation Vestingof Awards Classifiedas Liability Instruments Noncash
SharebasedCompensationVestingofAwardsClassifiedasLiabilityInstrumentsNoncash
80000 USD
CY2016 uti Sharebased Compensation Vestingof Awards Classifiedas Liability Instruments Noncash
SharebasedCompensationVestingofAwardsClassifiedasLiabilityInstrumentsNoncash
78000 USD
CY2016 uti Training Equipment Credits Earned Used
TrainingEquipmentCreditsEarnedUsed
-1176000 USD
CY2017 uti Training Equipment Credits Earned Used
TrainingEquipmentCreditsEarnedUsed
-1198000 USD
CY2015 uti Training Equipment Obtained In Exchange For Services
TrainingEquipmentObtainedInExchangeForServices
969000 USD
CY2016 uti Training Equipment Obtained In Exchange For Services
TrainingEquipmentObtainedInExchangeForServices
2738000 USD
CY2017 uti Training Equipment Obtained In Exchange For Services
TrainingEquipmentObtainedInExchangeForServices
1897000 USD
CY2016Q3 uti Tuition Receivables
TuitionReceivables
10664000 USD
CY2017Q3 uti Tuition Receivables
TuitionReceivables
12150000 USD
CY2017 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentration of Risk</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that potentially subject us to concentrations of credit risk consist principally of cash and cash equivalents, restricted cash, investments and receivables. As of September&#160;30, </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">, we held cash and cash equivalents of </font><font style="font-family:inherit;font-size:10pt;">$50.1 million</font><font style="font-family:inherit;font-size:10pt;">, restricted cash of </font><font style="font-family:inherit;font-size:10pt;">$14.8 million</font><font style="font-family:inherit;font-size:10pt;"> and investments of </font><font style="font-family:inherit;font-size:10pt;">$47.8 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We place our cash and cash equivalents and restricted cash with high quality financial institutions and limit the amount of credit exposure with any one financial institution. We mitigate the concentration risk of our investments by limiting the amount invested in any one issuer. We mitigate the risk associated with our investment in corporate bonds by requiring a minimum credit rating of A.</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We extend credit for tuition and fees, for a limited period of time, to a majority of our students. A substantial portion is repaid through the student&#8217;s participation in federally funded financial aid programs. Transfers of funds from the financial aid programs to us are made in accordance with the U.S. Department of Education (ED) requirements. Approximately </font><font style="font-family:inherit;font-size:10pt;">65%</font><font style="font-family:inherit;font-size:10pt;"> of our revenues, on a cash basis, were collected from funds distributed under Title IV Programs for the year ended September&#160;30, </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">. This percentage differs from our Title IV percentage as calculated under the 90/10 rule due to the prescribed treatment of certain Title IV stipends under the rule. Additionally, approximately </font><font style="font-family:inherit;font-size:10pt;">19%</font><font style="font-family:inherit;font-size:10pt;"> of our revenues, on a cash basis, were collected from funds distributed under various veterans benefits programs for the year ended September 30, </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;padding-top:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The financial aid and veterans benefits programs are subject to political and budgetary considerations. There is no assurance that such funding will be maintained at current levels. Extensive and complex regulations govern the financial assistance programs in which our students participate. Our administration of these programs is periodically reviewed by various regulatory agencies. Any regulatory violation could be the basis for the initiation of potential adverse actions, including a suspension, limitation, placement on reimbursement status or termination proceeding, which could have a material adverse effect on our business. ED and other regulators have increased the frequency and severity of their enforcement actions against postsecondary schools which have resulted in the imposition of material liabilities, sanctions, letter of credit requirements and other restrictions and, in some cases, resulted in the loss of schools&#8217; eligibility to receive Title IV funds or in closure of the schools. </font></div><div style="line-height:120%;padding-top:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">If any of our institutions were to lose its eligibility to participate in federal student financial aid programs, the students at that institution would lose access to funds derived from those programs and would have to seek alternative sources of funds to pay their tuition and fees. Students obtain access to federal student financial aid through an ED prescribed application and eligibility certification process. Student financial aid funds are generally made available to students at prescribed intervals throughout their predetermined expected length of study. Students typically apply the funds received from the federal financial aid programs to pay their tuition and fees. The transfer of funds is from the financial aid program to the student, who then uses those funds to pay for a portion of the cost of their education. The receipt of financial aid funds reduces the student&#8217;s amounts due to us and has no impact on revenue recognition, as the transfer relates to the source of funding for the costs of education, which may occur either through Title IV or other funds and resources available to the student.</font></div></div>
CY2017 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Recent Accounting Pronouncements</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Adopted Accounting Pronouncements</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;">In January 2017, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2017-04, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intangible - Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment</font><font style="font-family:inherit;font-size:10pt;">.&#160;ASU 2017-04 is intended to simplify how an entity is required to test goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Instead, an entity will record an impairment charge based on the excess of a reporting unit's carrying value over its fair value (Step 1 of the existing goodwill impairment test). We adopted this guidance prospectively during the quarter ended March 31, 2017 for our interim goodwill impairment testing; the adoption had no impact on our results of operations, financial condition or financial statement disclosures. </font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2016, the FASB issued ASU 2016-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation - Stock Compensation (Topic 718) - Improvements to Employee Share-Based Payment Accounting</font><font style="font-family:inherit;font-size:10pt;">. ASU 2016-09 simplifies several areas of accounting for share-based compensation arrangements, including the income tax impact, classification on the statement of cash flows and forfeitures. We adopted this guidance prospectively as of October 1, 2016; the adoption had an immaterial impact on our results of operations, financial condition and financial statement disclosures. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In November 2015, the FASB issued ASU 2015-17, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes. </font><font style="font-family:inherit;font-size:10pt;">ASU 2015-17 simplifies the balance sheet classification of deferred taxes. The guidance requires that all deferred tax assets and liabilities, along with any related valuation allowance, be classified as noncurrent on the balance sheet. We adopted this guidance prospectively as of October 1, 2016; the adoption had no impact on our results of operations, financial condition or financial statement disclosures. </font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In April 2015, the FASB issued ASU 2015-05, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intangibles&#8212;Goodwill and Other&#8212;Internal-Use Software (Subtopic 350-40): Customer&#8217;s Accounting for Fees Paid in a Cloud Computing Arrangement. </font><font style="font-family:inherit;font-size:10pt;">ASU 2015-05</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> </font><font style="font-family:inherit;font-size:10pt;">provides clarification on whether a cloud computing arrangement includes a software license. If an arrangement includes a software license, then the software license element is accounted for consistent with the acquisition of other such licenses. If the arrangement does not include a software license, the arrangement is accounted for as a service contract. We adopted this guidance prospectively as of October 1, 2016; the adoption had an immaterial impact on our results of operations, financial condition and financial statement disclosures.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2015, the FASB issued ASU 2015-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Consolidation (Topic 810): Amendments to the Consolidation Analysis. </font><font style="font-family:inherit;font-size:10pt;">ASU 2015-02 includes changes to the analysis that a reporting entity must perform to determine whether it should consolidate certain types of legal entities. Specifically, the amendments (1) modify the evaluation of whether limited partnerships with similar legal entities are variable interest entities (VIEs) or voting interest entities, (2) eliminate the presumption that a general partner should consolidate a limited partnership, (3) affect the consolidation analysis of reporting entities that are involved with VIEs, particularly those that have fee arrangements and related party relationships and (4) provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940 for registered money market funds. We adopted this guidance as of October 1, 2016. The guidance had no impact on our results of operations, financial condition or financial statement disclosures. </font></div><div style="line-height:120%;padding-top:12px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Effective the first quarter of fiscal 2018:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> In May 2014, the FASB issued ASU 2014-09 which outlines a single comprehensive revenue model for entities to use in accounting for revenue arising from contracts with customers. The guidance supersedes most current revenue recognition guidance, including industry-specific guidance, and requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. ASU 2014-09 is effective for fiscal years and interim periods within those years beginning after December 15, 2017. Early adoption is permitted for periods beginning after December 15, 2016. The guidance permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (modified retrospective method). In 2016, the FASB issued further guidance that offers narrow scope improvements and clarifies certain implementation issues related to revenue recognition, including principal versus agent considerations, the identification of performance obligations and licensing. These additional updates have the same effective date as the new revenue guidance. The new standard and its related amendments are collectively known as &#8220;ASC 606.&#8221;</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:6px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We expect to early adopt ASC 606 using the modified retrospective method as of October 1, 2017. However, our ability to early adopt is subject to the completion of our analysis of certain matters and obtaining the information necessary to calculate the cumulative effect of the new guidance. This approach was applied to all contracts not completed as of October 1, 2017. In addition to the enhanced footnote disclosures related to customer contracts, we anticipate that the most significant impact of the new standard will relate to the timing of revenue recognition for our proprietary loan program and the accounting for student program changes. In addition, ASC 606 is not expected to change our accounting for costs to obtain and fulfill a contract. No other significant changes to the accounting for tuition or other revenues is expected. </font></div><div style="line-height:120%;padding-bottom:16px;padding-top:6px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The quantitative amounts provided below are estimates of the expected effects of our adoption of ASC 606. The amounts below represent management&#8217;s best estimates of the effects of adopting ASC 606 at the time of the preparation of this Annual Report on Form 10-K. The actual impact of ASC 606 is subject to change from these estimates and such change may be significant, pending the completion of our assessment in the first quarter of fiscal year 2018. In order to complete this assessment, we are continuing to update and enhance its internal accounting systems and internal controls over financial reporting.</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Proprietary Loan Program Revenue Recognition </font></div><div style="line-height:120%;padding-bottom:16px;padding-top:6px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior to adopting the new revenue standard, we recognized revenue related to proprietary loan program as cash was received. The adoption of the new standard will result in a change in the timing of revenue recognition. Under ASC 606, the portion tuition revenue related to the proprietary loan program is considered a form of variable consideration. We estimate the amount we ultimately expect to collect from the portion of tuition that is funded by the proprietary loan program. Estimating the collection rate requires significant management judgment. The estimated amount is determined at the inception of the contract and we recognize the related revenue as the student progresses through school. The change in the timing of revenue recognition will also result in the recognition of a loan receivable. </font></div><div style="line-height:120%;padding-bottom:16px;padding-top:6px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The cumulative impact of changing the timing of revenue recognition for the proprietary loan program as of October 1, 2017 will be an increase in stockholders' equity of approximately </font><font style="font-family:inherit;font-size:10pt;">$33.0 million</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">$38.0 million</font><font style="font-family:inherit;font-size:10pt;"> and a corresponding increase in receivables. </font></div><div style="line-height:120%;padding-bottom:16px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Program Changes</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:6px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">From time to time, a student may elect to &#8220;upgrade&#8221; or &#8220;downgrade&#8221; their program which will change the program length and price. When a student changes their program, a new enrollment agreement is signed and a new financial aid package is completed for the student since this modification will impact the length of the program and/or transaction price. </font></div><div style="line-height:120%;padding-bottom:16px;padding-top:6px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior to adopting the standard, when a student changed their program, we recorded any changes to the tuition price or program length through a cumulative catch up adjustment from the inception of the contract through the date of the change. Under ASC 606, we must assess the contract modification to determine if there has been an increase in price or scope. For those program changes that result in either an increase in price or scope, we will now record the change on a prospective basis. Based on our analysis, we do not expect the cumulative change to be material as of October 1, 2017. </font></div><div style="line-height:120%;padding-bottom:16px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Effective the first quarter of fiscal 2019:</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2017, the FASB issued ASU 2017-01, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Business Combinations (Topic 805): Clarifying the Definition of a Business. </font><font style="font-family:inherit;font-size:10pt;">ASU 2017-01 clarifies the definition of a business. If substantially all of the fair value of the gross assets acquired is concentrated in a single identifiable asset or group of similar identifiable assets, then the acquisition is not a business. In addition, a business must include at least one substantive process. The standard is to be applied on a prospective basis to purchases or disposals of a business or an asset. The effect of this new standard on our consolidated financial statements will be dependent on any future acquisitions.</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2016, the FASB issued ASU 2016-15, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Statement of Cash Flows (Topic 230) - Classification of Certain Cash Receipts and Cash Payments,</font><font style="font-family:inherit;font-size:10pt;"> which clarifies how certain cash receipts and cash payments are presented and classified in the statement of cash flows. We are currently evaluating the impact that the standard will have on our consolidated statements of cash flows. Further, in November 2016, the FASB issued ASU 2016-18, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Statement of Cash Flows (Topic 230) - Restricted Cash. </font><font style="font-family:inherit;font-size:10pt;">This guidance requires restricted cash and cash equivalents to be included with cash and cash equivalents on the statement of cash flows. Based on the restricted cash balances on our consolidated balance sheets, we expect this standard to have an impact on the presentation of our consolidated statements of cash flows.&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2016, the FASB issued ASU 2016-01, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments&#8212;Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. </font><font style="font-family:inherit;font-size:10pt;">ASU 2016-01 primarily impacts the accounting for equity investments other than those accounted for using the equity method of accounting, financial liabilities under the fair value option and the presentation and disclosure requirements for financial instruments. Additionally, the FASB clarified guidance related to the valuation allowance assessment when recognizing deferred tax assets resulting from unrealized losses on available-for-sale debt securities. The accounting for other financial instruments, such as loans, investments in debt securities and financial liabilities is largely unchanged. Based on our current portfolio of investments in debt securities accounted for as held-to-maturity securities and investments made in equity securities accounted for as trading securities, the adoption of this standard is not expected to have a material impact on our financial statements.</font></div><div style="line-height:120%;padding-top:12px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Effective the first quarter of fiscal 2020:</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued ASU 2016-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842). </font><font style="font-family:inherit;font-size:10pt;">ASU 2016-02 requires lessees to recognize a right-of-use asset and a lease liability on the balance sheet for substantially all leases, with the exception of short-term leases. Leases will be classified as either financing or operating, with classification affecting the pattern of expense recognition in the statement of income. We are currently evaluating the impact that the update will have on our results of operations, financial condition and financial statement disclosures.</font></div><div style="line-height:120%;padding-top:12px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Effective the first quarter of fiscal 2021:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued ASU 2016-13, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments&#8212;Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments</font><font style="font-family:inherit;font-size:10pt;">. ASU 2016-13 includes an impairment model (known as the current expected credit loss (CECL) model) that is based on expected losses rather than incurred losses. Under the new guidance, an entity recognizes as an allowance its estimate of expected credit losses (ECL), which the FASB believes will result in more timely recognition of such losses. We are currently evaluating the impact that the update will have on our results of operations, financial condition and financial statement disclosures.</font></div></div>
CY2017 us-gaap Revenue Recognition Leases Operating
RevenueRecognitionLeasesOperating
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Deferred Rent Liability</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We lease the majority of our administrative and educational facilities under operating lease agreements. Some lease agreements contain tenant improvement allowances, free rent periods or rent escalation clauses. In instances where one or more of these items are included in a lease agreement, we record a deferred rent liability on the consolidated balance sheet and record rent expense evenly over the term of the lease.</font></div></div>
CY2017 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Business Description</font></div><div style="line-height:120%;padding-bottom:4px;padding-top:16px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Universal Technical Institute, Inc. (&#8220;UTI&#8221; or, collectively, &#8220;we&#8221;, "us" and &#8220;our&#8221;) provides postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians. We offer certificate, diploma or undergraduate degree programs at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">12</font><font style="font-family:inherit;font-size:10pt;"> campuses and advanced training programs that are sponsored by the manufacturer or dealer at certain campuses and dedicated training centers. We recently began offering undergraduate diploma programs for welding and computer numerical control (CNC) machining. We work closely with leading original equipment manufacturers in the automotive, diesel, motorcycle and marine industries to understand their needs for qualified service professionals. Revenues generated from our schools consist primarily of tuition and fees paid by students. To pay for a substantial portion of their tuition, the majority of students rely on funds received from federal financial aid programs under Title IV Programs of the Higher Education Act of 1965, as amended (HEA), as well as various veterans benefits programs. For further discussion, see "Concentration of Risk" under Note 2 and Note 18 &#8220;Governmental Regulation and Financial Aid&#8221;.</font></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in accordance with accounting principles generally accepted in the United States requires management to make certain estimates and assumptions. Such estimates and assumptions affect the reported amounts of assets, liabilities, revenues and expenses and related disclosures of contingent assets and liabilities. On an ongoing basis, we evaluate our estimates and assumptions, including those related to revenue recognition, our proprietary loan program, allowance for uncollectible accounts, investments, property and equipment, goodwill recoverability, self-insurance claim liabilities, income taxes, contingencies and stock-based compensation. We base our estimates on historical experience and on various other assumptions that we believe are reasonable under the circumstances. The results of our analysis form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions, and the impact of such differences may be material to our consolidated financial statements.</font></div></div>

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