$UTI
UNIVERSAL TECHNICAL INSTITUTE INC Stock $uti

$uti Overview Financials Valuation SEC Filings Company Website

2019 Q4 Form 10-Q Financial Statement

#000126165420000010 Filed on February 07, 2020

Income Statement

Concept	2019 Q4	2018 Q4	2017 Q3
Revenue	$87.23M	$83.05M	$81.33M
YoY Change	5.04%	2.33%	-6.43%
Cost Of Revenue	$20.40M	$21.50M	$21.20M
YoY Change	-5.12%	4.37%	-1.85%
Gross Profit	$66.90M	$61.50M	$60.10M
YoY Change	8.78%	1.49%	-7.96%
Gross Profit Margin	76.69%	74.05%	73.9%
Selling, General & Admin	$40.10M	$44.52M	$60.60M
YoY Change	-9.92%	9.44%	-13.18%
% of Gross Profit	59.95%	72.39%	100.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.013M	$3.205M	$3.470M
YoY Change	-5.99%	-4.67%	-6.47%
% of Gross Profit	4.5%	5.21%	5.77%
Operating Expenses	$82.98M	$90.26M	$61.20M
YoY Change	-8.06%	6.48%	-13.19%
Operating Profit	$4.254M	-$7.205M	-$1.114M
YoY Change	-159.04%	99.92%	-78.62%
Interest Expense	$0.00	$814.0K	-$300.0K
YoY Change	-100.0%	-371.33%	-57.14%
% of Operating Profit	0.0%
Other Income/Expense, Net	$514.0K	-$379.0K	$400.0K
YoY Change	-235.62%	5.28%	-180.0%
Pretax Income	$4.768M	-$7.584M	-$1.100M
YoY Change	-162.87%	91.32%	-82.81%
Income Tax	$84.00K	$133.0K	-$300.0K
% Of Pretax Income	1.76%
Net Earnings	$4.684M	-$7.717M	-$757.0K
YoY Change	-160.7%	579.91%	-91.54%
Net Earnings / Revenue	5.37%	-9.29%	-0.93%
Basic Earnings Per Share	$0.07	-$0.36	-$0.08
Diluted Earnings Per Share	$0.07	-$0.36	-$0.08
COMMON SHARES
Basic Shares Outstanding	25.66M shares	25.32M shares	24.76M shares
Diluted Shares Outstanding	26.04M shares	25.32M shares

Balance Sheet

Concept	2019 Q4	2018 Q4	2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$70.50M	$58.60M	$97.90M
YoY Change	20.31%	-37.19%	-18.89%
Cash & Equivalents	$70.53M	$58.65M	$50.14M
Short-Term Investments			$47.80M
Other Short-Term Assets	$6.916M	$7.821M	$9.395M
YoY Change	-11.57%	-76.93%	-63.87%
Inventory
Prepaid Expenses	$6.583M	$11.40M	$9.495M
Receivables	$12.46M	$10.42M	$15.20M
Other Receivables	$5.100M	$5.300M	$3.626M
Total Short-Term Assets	$116.6M	$108.3M	$146.8M
YoY Change	7.65%	-23.34%	-9.34%
LONG-TERM ASSETS
Property, Plant & Equipment	$73.82M	$113.0M	$106.7M
YoY Change	-34.69%	6.82%	-6.46%
Goodwill	$8.222M	$8.222M	$9.005M
YoY Change	0.0%	-8.7%	0.0%
Intangibles
YoY Change
Long-Term Investments	$4.371M	$4.239M	$4.206M
YoY Change	3.11%	3.19%	2.29%
Other Assets	$10.10M	$10.11M	$11.61M
YoY Change	-0.05%	-13.12%	-4.64%
Total Long-Term Assets	$265.5M	$162.8M	$127.3M
YoY Change	63.01%	0.77%	-5.87%
TOTAL ASSETS
Total Short-Term Assets	$116.6M	$108.3M	$146.8M
Total Long-Term Assets	$265.5M	$162.8M	$127.3M
Total Assets	$382.1M	$271.2M	$274.1M
YoY Change	40.9%	-10.48%	-7.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$9.227M	$8.649M	$9.515M
YoY Change	6.68%	14.06%	-19.4%
Accrued Expenses	$11.94M	$11.21M	$11.35M
YoY Change	6.55%	2.24%	37.81%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$0.00	$1.400M	$1.100M
YoY Change	-100.0%	16.67%	22.22%
Total Short-Term Liabilities	$117.0M	$91.33M	$86.39M
YoY Change	28.09%	9.1%	-8.64%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$40.30M	$42.00M
YoY Change	-100.0%	-3.36%	-2.55%
Other Long-Term Liabilities	$7.672M	$9.435M	$9.874M
YoY Change	-18.69%	-4.92%	-7.86%
Total Long-Term Liabilities	$7.672M	$9.435M	$9.874M
YoY Change	-18.69%	-4.92%	-7.86%
TOTAL LIABILITIES
Total Short-Term Liabilities	$117.0M	$91.33M	$86.39M
Total Long-Term Liabilities	$7.672M	$9.435M	$9.874M
Total Liabilities	$255.8M	$153.0M	$148.3M
YoY Change	67.2%	7.72%	-7.61%
SHAREHOLDERS EQUITY
Retained Earnings	-$32.21M	-$40.60M	-$30.83M
YoY Change	-20.67%	-1135.85%	76.65%
Common Stock	$187.0M	$187.3M	$185.1M
YoY Change	-0.16%	0.98%	1.38%
Preferred Stock	$68.85M	$68.85M	$68.85M
YoY Change	0.0%	0.0%	0.05%
Treasury Stock (at cost)	$97.39M	$97.39M	$97.39M
YoY Change	0.0%	0.0%	0.0%
Treasury Stock Shares	6.865M shares	6.865M shares	6.865M shares
Shareholders Equity	$126.3M	$118.2M	$125.8M
YoY Change
Total Liabilities & Shareholders Equity	$382.1M	$271.2M	$274.1M
YoY Change	40.9%	-10.48%	-7.76%

Cashflow Statement

Concept	2019 Q4	2018 Q4	2017 Q3
OPERATING ACTIVITIES
Net Income	$4.684M	-$7.717M	-$757.0K
YoY Change	-160.7%	579.91%	-91.54%
Depreciation, Depletion And Amortization	$3.013M	$3.205M	$3.470M
YoY Change	-5.99%	-4.67%	-6.47%
Cash From Operating Activities	$7.124M	$4.410M	$30.99M
YoY Change	61.54%	-269.16%	70.18%
INVESTING ACTIVITIES
Capital Expenditures	$1.811M	$2.779M	-$1.950M
YoY Change	-34.83%	8.72%	143.75%
Acquisitions
YoY Change
Other Investing Activities	$90.00K	$70.00K	-$1.650M
YoY Change	28.57%	-99.83%	-332.39%
Cash From Investing Activities	-$1.719M	-$2.710M	-$3.600M
YoY Change	-36.57%	-107.04%	3900.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$497.0K	-$428.0K	-3.460M
YoY Change	16.12%	63.36%	49.14%
NET CHANGE
Cash From Operating Activities	$7.124M	$4.410M	30.99M
Cash From Investing Activities	-$1.719M	-$2.710M	-3.600M
Cash From Financing Activities	-$497.0K	-$428.0K	-3.460M
Net Change In Cash	$4.908M	$1.272M	23.93M
YoY Change	285.85%	-96.43%	51.46%
FREE CASH FLOW
Cash From Operating Activities	$7.124M	$4.410M	$30.99M
Capital Expenditures	$1.811M	$2.779M	-$1.950M
Free Cash Flow	$5.313M	$1.631M	$32.94M
YoY Change	225.75%	-131.59%	73.28%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2019Q4	dei	Amendment Flag AmendmentFlag	false
CY2019Q4	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--09-30
CY2019Q4	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2019Q4	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2020
CY2019Q4	dei	Document Period End Date DocumentPeriodEndDate	2019-12-31
CY2019Q4	dei	Document Type DocumentType	10-Q
CY2019Q4	dei	Entity Central Index Key EntityCentralIndexKey	0001261654
CY2020Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	25744718	shares
CY2019Q4	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2019Q4	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2019Q4	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2019Q4	dei	Entity Registrant Name EntityRegistrantName	UNIVERSAL TECHNICAL INSTITUTE INC.
CY2019Q4	dei	Entity Shell Company EntityShellCompany	false
CY2019Q4	dei	Entity Small Business EntitySmallBusiness	false
CY2019Q3	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	44629000	USD
CY2019Q4	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	40528000	USD
CY2019Q3	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	45878000	USD
CY2019Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	43039000	USD
CY2019Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	10033000	USD
CY2019Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	9227000	USD
CY2019Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	17937000	USD
CY2019Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	12456000	USD
CY2019Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	13615000	USD
CY2019Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	11940000	USD
CY2019Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	201531000	USD
CY2019Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	189825000	USD
CY2019Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	187493000	USD
CY2019Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	187010000	USD
CY2019Q3	us-gaap	Additional Paid In Capital Preferred Stock AdditionalPaidInCapitalPreferredStock	68853000	USD
CY2019Q4	us-gaap	Additional Paid In Capital Preferred Stock AdditionalPaidInCapitalPreferredStock	68853000	USD
CY2018Q4	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	118000	USD
CY2019Q4	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	497000	USD
CY2018Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	694000	USD
CY2019Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	14000	USD
CY2018Q4	us-gaap	Amortization Of Leased Asset AmortizationOfLeasedAsset	670000	USD
CY2019Q4	us-gaap	Amortization Of Leased Asset AmortizationOfLeasedAsset	0	USD
CY2018Q4	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	21328000	shares
CY2019Q4	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2019Q3	us-gaap	Assets Assets	270526000	USD
CY2019Q4	us-gaap	Assets Assets	382061000	USD
CY2019Q3	us-gaap	Assets Current AssetsCurrent	118104000	USD
CY2019Q4	us-gaap	Assets Current AssetsCurrent	116601000	USD
CY2019Q3	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	1554000	USD
CY2019Q4	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	0	USD
CY2019Q3	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	39161000	USD
CY2019Q4	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	0	USD
CY2019Q3	us-gaap	Capital Leases Balance Sheet Assets By Major Class Net CapitalLeasesBalanceSheetAssetsByMajorClassNet	31600000	USD
CY2019Q3	us-gaap	Capital Leases Balance Sheet Assets By Major Class Net CapitalLeasesBalanceSheetAssetsByMajorClassNet	31608000	USD
CY2019Q4	us-gaap	Capital Leases Balance Sheet Assets By Major Class Net CapitalLeasesBalanceSheetAssetsByMajorClassNet	0	USD
CY2019Q3	us-gaap	Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments	40700000	USD
CY2019Q3	us-gaap	Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation	14208000	USD
CY2019Q4	us-gaap	Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation	0	USD
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	58649000	USD
CY2019Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	65442000	USD
CY2019Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	70533000	USD
CY2018Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	72159000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	73431000	USD
CY2019Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	80555000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	85463000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	1272000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	4908000	USD
CY2019Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2019Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2019Q3	us-gaap	Common Stock Value CommonStockValue	3000	USD
CY2019Q4	us-gaap	Common Stock Value CommonStockValue	3000	USD
CY2019Q4	us-gaap	Common Stock Voting Rights CommonStockVotingRights	1
CY2019Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	42886000	USD
CY2019Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	42191000	USD
CY2019Q4	us-gaap	Cumulative Effect Of New Accounting Principle In Period Of Adoption CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	9107000	USD
CY2019Q3	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	329000	USD
CY2019Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	329000	USD
CY2019Q3	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	10326000	USD
CY2019Q4	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	0	USD
CY2019Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	42886000	USD
CY2019Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	42191000	USD
CY2018Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3205000	USD
CY2019Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3013000	USD
CY2018Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	1323000	USD
CY2019Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	0	USD
CY2019Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	1323000	USD
CY2019Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	1300000	USD
CY2018Q4	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	1323000	USD
CY2019Q4	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	1323000	USD
CY2018Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.36
CY2019Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.07
CY2018Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.36
CY2019Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.07
CY2018Q4	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.018
CY2019Q4	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.018
CY2019Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	22230000	USD
CY2019Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	21872000	USD
CY2012Q3	us-gaap	Equity Method Investment Ownership Percentage EquityMethodInvestmentOwnershipPercentage	0.28
CY2012Q3	us-gaap	Equity Method Investments EquityMethodInvestments	4000000	USD
CY2017Q3	us-gaap	Equity Method Investments EquityMethodInvestments	4206000	USD
CY2018Q4	us-gaap	Equity Method Investments EquityMethodInvestments	4239000	USD
CY2019Q3	us-gaap	Equity Method Investments EquityMethodInvestments	4338000	USD
CY2019Q4	us-gaap	Equity Method Investments EquityMethodInvestments	4371000	USD
CY2018Q4	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	-401000	USD
CY2019Q4	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	231000	USD
CY2019Q3	us-gaap	Goodwill Goodwill	8222000	USD
CY2019Q4	us-gaap	Goodwill Goodwill	8222000	USD
CY2018Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-7584000	USD
CY2019Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	4768000	USD
CY2018Q4	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	97000	USD
CY2019Q4	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	102000	USD
CY2018Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	133000	USD
CY2019Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	84000	USD
CY2018Q4	us-gaap	Income Taxes Paid IncomeTaxesPaid	148000	USD
CY2019Q4	us-gaap	Income Taxes Paid IncomeTaxesPaid	7000	USD
CY2018Q4	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1578000	USD
CY2019Q4	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1938000	USD
CY2018Q4	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	3138000	USD
CY2019Q4	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-695000	USD
CY2018Q4	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	169000	USD
CY2019Q4	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	92000	USD
CY2018Q4	us-gaap	Increase Decrease In Notes Receivables IncreaseDecreaseInNotesReceivables	378000	USD
CY2019Q4	us-gaap	Increase Decrease In Notes Receivables IncreaseDecreaseInNotesReceivables	555000	USD
CY2018Q4	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-720000	USD
CY2019Q4	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-23000	USD
CY2018Q4	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-387000	USD
CY2019Q4	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-1081000	USD
CY2018Q4	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1210000	USD
CY2019Q4	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	409000	USD
CY2018Q4	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-6235000	USD
CY2019Q4	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-4065000	USD
CY2018Q4	us-gaap	Incremental Common Shares Attributable To Conversion Of Preferred Stock IncrementalCommonSharesAttributableToConversionOfPreferredStock	0	shares
CY2019Q4	us-gaap	Incremental Common Shares Attributable To Conversion Of Preferred Stock IncrementalCommonSharesAttributableToConversionOfPreferredStock	21021000	shares
CY2018Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2019Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	375000	shares
CY2018Q4	us-gaap	Interest Expense InterestExpense	814000	USD
CY2019Q4	us-gaap	Interest Expense InterestExpense	0	USD
CY2018Q4	us-gaap	Interest Paid Net InterestPaidNet	814000	USD
CY2019Q4	us-gaap	Interest Paid Net InterestPaidNet	0	USD
CY2018Q4	us-gaap	Investment Income Interest InvestmentIncomeInterest	403000	USD
CY2019Q4	us-gaap	Investment Income Interest InvestmentIncomeInterest	336000	USD
CY2019Q4	us-gaap	Lease Cost LeaseCost	8169000	USD
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	188948000	USD
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	81165000	USD
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	14491000	USD
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	15632000	USD
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	26303000	USD
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	28449000	USD
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	22908000	USD
CY2019Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	32252000	USD
CY2019Q3	us-gaap	Liabilities Liabilities	156238000	USD
CY2019Q4	us-gaap	Liabilities Liabilities	255788000	USD
CY2019Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	270526000	USD
CY2019Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	382061000	USD
CY2019Q3	us-gaap	Liabilities Current LiabilitiesCurrent	96844000	USD
CY2019Q4	us-gaap	Liabilities Current LiabilitiesCurrent	116974000	USD
CY2018Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-428000	USD
CY2019Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-497000	USD
CY2018Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2710000	USD
CY2019Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1719000	USD
CY2018Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	4410000	USD
CY2019Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	7124000	USD
CY2018Q4	us-gaap	Net Income Loss NetIncomeLoss	-7717000	USD
CY2019Q4	us-gaap	Net Income Loss NetIncomeLoss	4684000	USD
CY2018Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-9040000	USD
CY2019Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3361000	USD
CY2018Q4	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-9040000	USD
CY2019Q4	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	3361000	USD
CY2018Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-379000	USD
CY2019Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	514000	USD
CY2019Q3	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	5227000	USD
CY2019Q4	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	5183000	USD
CY2019Q3	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	29852000	USD
CY2019Q4	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	30451000	USD
CY2018Q4	us-gaap	Operating Expenses OperatingExpenses	90255000	USD
CY2019Q4	us-gaap	Operating Expenses OperatingExpenses	82980000	USD
CY2018Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	-7205000	USD
CY2019Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	4254000	USD
CY2019Q4	us-gaap	Operating Lease Cost OperatingLeaseCost	7521000	USD
CY2019Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	156696000	USD
CY2019Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	25883000	USD
CY2019Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	130813000	USD
CY2019Q4	us-gaap	Operating Lease Payments OperatingLeasePayments	8131000	USD
CY2019Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	142869000	USD
CY2019Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0414
CY2019Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P8Y7M13D
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	132457000	USD
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	26017000	USD
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals	537000	USD
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	9180000	USD
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	10441000	USD
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	21543000	USD
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	23454000	USD
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	41822000	USD
CY2019Q3	us-gaap	Other Assets Current OtherAssetsCurrent	7331000	USD
CY2019Q4	us-gaap	Other Assets Current OtherAssetsCurrent	6916000	USD
CY2019Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	10222000	USD
CY2019Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	10103000	USD
CY2019Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	3940000	USD
CY2019Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1798000	USD
CY2019Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	9578000	USD
CY2019Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	7672000	USD
CY2019Q4	us-gaap	Other Nonoperating Gains Losses OtherNonoperatingGainsLosses	0	USD
CY2018Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-65000	USD
CY2019Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	178000	USD
CY2019Q4	us-gaap	Payments For Postemployment Benefits PaymentsForPostemploymentBenefits	1173000	USD
CY2018Q4	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	118000	USD
CY2019Q4	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	497000	USD
CY2018Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2779000	USD
CY2019Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1811000	USD
CY2019Q3	us-gaap	Postemployment Benefits Liability Current And Noncurrent PostemploymentBenefitsLiabilityCurrentAndNoncurrent	753000	USD
CY2019Q4	us-gaap	Postemployment Benefits Liability Current And Noncurrent PostemploymentBenefitsLiabilityCurrentAndNoncurrent	1152000	USD
CY2019Q4	us-gaap	Postemployment Benefits Liability Noncurrent PostemploymentBenefitsLiabilityNoncurrent	900000	USD
CY2019Q4	us-gaap	Postemployment Benefits Period Expense PostemploymentBenefitsPeriodExpense	1520000	USD
CY2018Q4	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	1323000	USD
CY2019Q4	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	1323000	USD
CY2019Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2019Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2019Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	7054000	USD
CY2019Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	6583000	USD
CY2018Q4	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	64000	USD
CY2019Q4	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	69000	USD
CY2018Q4	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	5000	USD
CY2019Q4	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	23000	USD
CY2019Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	305657000	USD
CY2019Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	263640000	USD
CY2019Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	104126000	USD
CY2019Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	73815000	USD
CY2018Q4	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	337000	USD
CY2019Q4	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	283000	USD
CY2018Q4	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	310000	USD
CY2019Q4	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	0	USD
CY2018Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	14782000	USD
CY2019Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	15113000	USD
CY2019Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	14930000	USD
CY2019Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-44673000	USD
CY2019Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-32205000	USD
CY2018Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	83050000	USD
CY2019Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	87234000	USD
CY2019Q4	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	148790000	USD
CY2018Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	44520000	USD
CY2019Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	40104000	USD
CY2018Q4	us-gaap	Share Based Compensation ShareBasedCompensation	694000	USD
CY2019Q4	us-gaap	Share Based Compensation ShareBasedCompensation	14000	USD
CY2018Q4	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	38000	shares
CY2019Q4	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	68000	shares
CY2018Q4	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	0	USD
CY2019Q4	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
CY2018Q3	us-gaap	Stockholders Equity StockholdersEquity	126645000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	118181000	USD
CY2019Q3	us-gaap	Stockholders Equity StockholdersEquity	114288000	USD
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	126273000	USD
CY2019Q4	us-gaap	Sublease Income SubleaseIncome	351000	USD
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	9.09
CY2019Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	6864897	shares
CY2019Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	6864897	shares
CY2019Q3	us-gaap	Treasury Stock Value TreasuryStockValue	97388000	USD
CY2019Q4	us-gaap	Treasury Stock Value TreasuryStockValue	97388000	USD
CY2018Q4	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	0	USD
CY2019Q4	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	-1513000	USD
CY2018Q4	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	0	USD
CY2019Q4	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	1513000	USD
CY2019Q4	us-gaap	Variable Lease Cost VariableLeaseCost	999000	USD
CY2018Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25321000	shares
CY2019Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	47059000	shares
CY2018Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25321000	shares
CY2019Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25663000	shares
CY2019Q3	uti	Accrued Tool Sets AccruedToolSets	2586000	USD
CY2019Q4	uti	Accrued Tool Sets AccruedToolSets	2740000	USD
CY2018Q4	uti	Change In Accrued Capital Expenditures ChangeInAccruedCapitalExpenditures	-575000	USD
CY2019Q4	uti	Change In Accrued Capital Expenditures ChangeInAccruedCapitalExpenditures	140000	USD
CY2018Q4	uti	Depreciationoftrainingequipmentobtainedinexchangeforservices Depreciationoftrainingequipmentobtainedinexchangeforservices	382000	USD
CY2018Q4	uti	Depreciationoftrainingequipmentobtainedinexchangeforservices Depreciationoftrainingequipmentobtainedinexchangeforservices	400000	USD
CY2019Q4	uti	Depreciationoftrainingequipmentobtainedinexchangeforservices Depreciationoftrainingequipmentobtainedinexchangeforservices	300000	USD
CY2019Q4	uti	Depreciationoftrainingequipmentobtainedinexchangeforservices Depreciationoftrainingequipmentobtainedinexchangeforservices	332000	USD
CY2018Q4	uti	Educational Services And Facilities EducationalServicesAndFacilities	45735000	USD
CY2019Q4	uti	Educational Services And Facilities EducationalServicesAndFacilities	42876000	USD
CY2018Q4	uti	Finance Lease Liability Amortization FinanceLeaseLiabilityAmortization	700000	USD
CY2018Q4	uti	Increase Decrease In Accrued Tool Sets And Other Current Liabilities IncreaseDecreaseInAccruedToolSetsAndOtherCurrentLiabilities	-588000	USD
CY2019Q4	uti	Increase Decrease In Accrued Tool Sets And Other Current Liabilities IncreaseDecreaseInAccruedToolSetsAndOtherCurrentLiabilities	-32000	USD
CY2018Q4	uti	Increase Decrease In Deferred Rent IncreaseDecreaseInDeferredRent	-458000	USD
CY2019Q4	uti	Increase Decrease In Deferred Rent IncreaseDecreaseInDeferredRent	0	USD
CY2019Q4	uti	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-6532000	USD
CY2019Q4	uti	Lessee Operating Lease Number Of Contracts LesseeOperatingLeaseNumberOfContracts	11	Campus
CY2018Q4	uti	Net Income Loss Availableto Common Stockholders Basic Net NetIncomeLossAvailabletoCommonStockholdersBasicNet	-9040000	USD
CY2019Q4	uti	Net Income Loss Availableto Common Stockholders Basic Net NetIncomeLossAvailabletoCommonStockholdersBasicNet	1848000	USD
CY2019Q4	uti	Number Of Campuses NumberOfCampuses	13	Campus
CY2019Q4	uti	Operating Lease Rightof Use Asset Amortization OperatingLeaseRightofUseAssetAmortization	5920000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due Future Min.Sublease Rentalsdueintwoyears OperatingLeasesFutureMinimumPaymentsDueFutureMin.SubleaseRentalsdueintwoyears	77000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentalsdueinfiveyears OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsdueinfiveyears	0	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentalsdueinfouryears OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsdueinfouryears	20000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentalsdueinthreeyears OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsdueinthreeyears	78000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentalsduethereafter OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsduethereafter	0	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentalsduewithin OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsduewithin	362000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due Gross Total OperatingLeasesFutureMinimumPaymentsDueGrossTotal	132994000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due Next Twelve Months Gross OperatingLeasesFutureMinimumPaymentsDueNextTwelveMonthsGross	26379000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Duein Five Years Gross OperatingLeasesFutureMinimumPaymentsDueinFiveYearsGross	9180000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Duein Four Years Gross OperatingLeasesFutureMinimumPaymentsDueinFourYearsGross	10461000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Duein Three Years Gross OperatingLeasesFutureMinimumPaymentsDueinThreeYearsGross	21621000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Duein Two Years Gross OperatingLeasesFutureMinimumPaymentsDueinTwoYearsGross	23531000	USD
CY2018Q4	uti	Operating Leases Rent Expense Paid To Related Parties OperatingLeasesRentExpensePaidToRelatedParties	500000	USD
CY2019Q4	uti	Operating Leases Rent Expense Paid To Related Parties OperatingLeasesRentExpensePaidToRelatedParties	500000	USD
CY2019Q4	uti	Post Employment Benefits Other Non Cash Settlement Increase Decrease PostEmploymentBenefitsOtherNonCashSettlementIncreaseDecrease	52000	USD
CY2018Q4	uti	Total Depreciationand Amortization TotalDepreciationandAmortization	3875000	USD
CY2019Q4	uti	Total Depreciationand Amortization TotalDepreciationandAmortization	3013000	USD
CY2018Q4	uti	Training Equipment Credits Earned Used TrainingEquipmentCreditsEarnedUsed	78000	USD
CY2019Q4	uti	Training Equipment Credits Earned Used TrainingEquipmentCreditsEarnedUsed	439000	USD
CY2018Q4	uti	Training Equipment Obtained In Exchange For Services TrainingEquipmentObtainedInExchangeForServices	124000	USD
CY2019Q4	uti	Training Equipment Obtained In Exchange For Services TrainingEquipmentObtainedInExchangeForServices	241000	USD
CY2019Q4	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;">Nature of the Business</font></div><div style="line-height:120%;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;">We are the leading provider of postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians as well as welders and computer numerical control (CNC) machining technicians as measured by total average undergraduate full-time enrollment and graduates. We offer certificate, diploma or degree programs at </font><font style="font-family:inherit;font-size:10pt;">13</font><font style="font-family:inherit;font-size:10pt;"> campuses across the United States under the banner of several well-known brands, including Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute and NASCAR Technical Institute. We also offer manufacturer specific advanced training (MSAT) programs, including student-paid electives, at our campuses and manufacturer or dealer sponsored training at certain campuses and dedicated training centers. We have provided technical education for 54 years. </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;">We work closely with leading original equipment manufacturers (OEMs) and employers 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 (HEA), as amended, as well as from various veterans benefits programs. For further discussion, see Note 2 "Summary of Significant Accounting Policies - Concentration of Risk" and Note 18 "Government Regulation and Financial Aid" included in our 2019 Annual Report on Form 10-K filed with the SEC on December 6, 2019.</font></div></div>

Files In Submission

Name	View Source	Status
0001261654-20-000010-index-headers.html	Edgar Link	pending
0001261654-20-000010-index.html	Edgar Link	pending
0001261654-20-000010.txt	Edgar Link	pending
0001261654-20-000010-xbrl.zip	Edgar Link	pending
exhibit311q12020.htm	Edgar Link	pending
exhibit312q12020.htm	Edgar Link	pending
exhibit321q12020.htm	Edgar Link	pending
exhibit322q12020.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
R9999.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
uti-12311910q.htm	Edgar Link	pending
uti-20191231.xml	Edgar Link	completed
uti-20191231.xsd	Edgar Link	pending
uti-20191231_cal.xml	Edgar Link	unprocessable
uti-20191231_def.xml	Edgar Link	unprocessable
uti-20191231_lab.xml	Edgar Link	unprocessable
uti-20191231_pre.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$UTI
UNIVERSAL TECHNICAL INSTITUTE INC Stock $uti

2019 Q4 Form 10-Q Financial Statement

#000126165420000010 Filed on February 07, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$UTI UNIVERSAL TECHNICAL INSTITUTE INC Stock $uti

2019 Q4 Form 10-Q Financial Statement

#000126165420000010 Filed on February 07, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$UTI
UNIVERSAL TECHNICAL INSTITUTE INC Stock $uti